Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 11/29” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) With easing of rate hike fears, the S&P 500 index registered a third straight day of gains, reclaiming the psychologically important 2700 level. Expectations of a possible breakthrough in the U.S. (more…)
Critical Headlines-driven Week In Progress – Don’t Jump the Gun! Our models have opened the post-Thanksgiving trading week with the prior two week’s aggregate profits of 154.75 points from the pre-defined trading levels on the S&P 500 Index! This is now a market with bears in charge, with some bounces upwards after volatile sessions of sell-off. (more…)
