TODAY IN THE MARKET – WED 11/21

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 11/26” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Taking a breather from last two days’ intense selling, the S&P 500 index bounced back on the back of a rebound in retail and technology stocks. Energy stocks led the index (more…)

S&P 500 OUTLOOK for WED 11/21

It’s a Bear Territory – Do Not Get Into Bulltraps with Deadcat Bounce Moves Our models have started this new trading week by booking another 17 points of profits on top of the last week’s aggregate profits of 137.75 points on the S&P 500 Index! This is now a market with bears in charge. Our models (more…)