Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 11/28” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Building on previous session’s rebound, the S&P 500 index closed the choppy session with decent gains on prospects of a mutually agreeable trade deal between the U.S. and China. Strengthening dollar, (more…)
S&P 500 OUTLOOK for TUE 11/27
Fed Speak, GDP, FOMC, China…Busy Headlines-driven Week Ahead 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…)