S&P 500 OUTLOOK for FRI 11/30

Month-end and Friday Options Expiration, US-China Meeting Weekend – Expect Heightened Volatility Today!  It’s the month-end and Friday options expiration day, coupled with the highly anticipated US-China meeting over the weekend. Expect increased volumes and volatility today, especially during the “witching hour” (3pm-4pm EST).  Our models continue to sport the “indeterminate” bias and point to standing (more…)

TODAY IN THE MARKET – THU 11/29

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 11/30” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Ending its three-days winning streak, the S&P 500 index closed the session lower as investors turn their focus on trade related issues ahead of the highly awaited G-20 summit this weekend. (more…)