TODAY IN THE MARKET – TUE 12/04

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Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 12/6” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Concerns of a slowing economic growth, coupled with skepticism over the temporary cease-fire between the U.S. and China spooked nervous investors, sparking a dramatic sell-off across most of the primary sectors (more…)

S&P 500 OUTLOOK for TUE 12/04

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Let the Noise Settle!  As mentioned in our yesterday’s forecast, our models are sporting an indeterminate bias and indicate staying out of the market today as well. They are looking for a daily close above 2804 for a bullish bias or a close below 2785 for the resumption of a mildly bearish bias. The key levels (more…)