Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 12/7” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 index resumed its intense selling, after news of the arrest of Meng Wanzhou, CFO of a Chinese telecom giant Huawei in Canada, at the behest of the U.S., (more…)
When You Can’t Explain What’s Going On…Stay On The Sidelines Until Clarity Emerges! The overnight volatility in the markets that led to a halt in the futures still remains inexplicable in the absence of any clear news that drove it! As our models forecast on Monday, 12/03, when the financial media headlines was touting hundreds (more…)
