TODAY IN THE MARKET – MON 11/26

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 11/27” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Solidly rebounding from last week’s steep losses, the S&P 500 index rallied on the back of a promising start to the holiday shopping season. Consumer Discretionary led the gains, further fueled (more…)

S&P 500 OUTLOOK for MON 11/26

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Bouncy Market Days Do Not Make A Trend! Our models have closed the abbreviated Thanksgiving trading week by booking another 17 points of profits on top of the prior week’s aggregate profits of 137.75 points on the S&P 500 Index! This is now a market with bears in charge, with some bounces upwards after volatile sessions (more…)