Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 01/15” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Fears of a slowing global economy were revived following a surprise drop in China’s exports and imports for the month of December. China’s trade surplus with the U.S. hit a multi-year (more…)
RESULTS of MODEL TRADES for MON 01/14
Results of Published Model Entries and Exits for Mon 01/14 Our medium-term models stayed out of the market today with no trades triggered. Our aggressive intraday models realized a net loss of 11.68 index points on one short and one long trade. Below, you will find the detailed tracking of our models’ trading plans for (more…)
S&P 500 OUTLOOK for MON 01/14
Earnings Kickoff! Key earnings season kicks off today, most likely moving the focus back to basics. The news from China about its economy slowing down is drawing increasing attention from investors. And, headlines about China’s record trade surplus with the US keeps the trade war jitters from fading anytime soon. Since Wed, 01/09, our models (more…)