TODAY IN THE MARKET – MON 01/07

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 01/08” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building on previous session’s Fed-induced rally, the S&P 500 index extended gains on hopes that the resumption of the U.S. – China trade negotiations could result into a resolution to their (more…)

RESULTS of the TRADING PLAN PUBLISHED for MON 01/07

Today’s Published Mechanical Trading Entries and Exits netted +23.00 index points and +18.00 index points Our medium-term models continued the winning streak of seven consecutive profitable trading days by booking 18.00 S&P 500 index points in profits today, and our aggressive intraday models continued the winning streak of eight consecutive profitable trading days by booking (more…)

S&P 500 OUTLOOK for MON 01/07

It’s China, Again, Today (and, likely again and again)! Our medium-term models continued the winning streak on Friday by booking 9.70 S&P 500 index points in profits, and our aggressive intraday models booked 11.70 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as published in our trading plan (more…)