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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 12/3” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Fueled by Federal Reserve Chairman Jerome Powell’s dovish comments and optimism ahead of the critical meeting between President Trump and his Chinese counterpart Xi Jinping, the S&P 500 logged its best (more…)
