Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 12/4” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Weekend news of a temporary trade truce between the U.S. and China at the closely watched G-20 Summit in Argentina lifted sentiment at the open. De-escalation of trade tensions boosted trade-dependent (more…)
US-China Meeting Weekend Preliminary Results Driving Wild Moves – Let the Noise Settle! As written in our Friday’s forecast, the US-China meeting has proved to be a big market mover over the weekend. All the markets (Stocks, Oil, Gold, Commodities, Currencies) have gapped significantly. Our models continue to sport the “indeterminate” bias and point to (more…)
