Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 01/24” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Shrugging aside trade concerns and the fear of a global economic slowdown, the S&P 500 index rebounded from last session’s sell-off as investors turned their focus back on corporate earnings. Strong (more…)
Results of Published Model Entries and Exits for Wednesday 01/23 Per the plans published in the morning today, our medium-term models’ trades yielded 0.14 index points in gains whereas our aggressive intraday models’ trades gained 6.14 index points on one short trade. Below, you will find the detailed tracking of our models’ trading plans for (more…)
Markets Approaching an Inflection Point? (theme continued from yesterday) As we pointed out, S&P 500 index registered eleventh consecutive green candle on the daily charts (on an open-close basis) on Friday, 01/18, and it was to be expected to be broken, which it did yesterday with the close in the red. The index is now (more…)
Results of Published Model Entries and Exits for Tuesday 01/22 Per the plans published in the morning on Tuesday, our medium-term models’ trades yielded 0.73 index points in gains whereas our aggressive intraday models’ trades gained 20.73 index points on one short trade each. Below, you will find the detailed tracking of our models’ trading (more…)
