Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 01/29” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) As investors brace for the busiest week of the earnings season, disappointing earnings by NVIDIA Corp and Caterpillar Inc. eroded confidence at the open after these two blue-chip companies warned of (more…)
Results of Published Model Entries and Exits for Monday 01/28 Per the plans published in the morning today, our medium-term models did not trigger any trades as the index traded within the bounds published. Our aggressive models triggered two short positions with 4.94 index points in profits. Below, you will find the detailed tracking of (more…)
Back to Basics! Earnings to be the Main Focus this Week! Investors to shift their focus back to basics – and, examine the earnings from companies closely this week. As we have been indicating since 01/09, the index is looking at strong resistance level around 2665-75, and it is yet to clear the 2675 level. (more…)
Results of Published Model Entries and Exits for Friday 01/25 Per the plans published in the morning on Friday 01/25, our medium-term models as well as our aggressive intraday models did not trigger any trades as the index opened above the entry level and never traded below it to trigger any trades on the cross (more…)
