Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 11/12” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Mirroring global equity markets sell-off, the S&P 500 index extended its slide falling sharply at the open as oil prices fell further into the bear market. China’s weaker-than-expected Producer Price Index (more…)
Not So Fast! Our forecast published yetserday still applicable today. The key words to emphasize: “… and, hence everyone is predicting the usual “post mid-term” rally in the markets. But…given the key technical levels the markets have been testing, and the confluence of multiple cyclical things at play, our models are waving caution against declaring a bull (more…)
