Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/01” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Primarily driven by optimism around U.S. – China trade deal and an overly dovish Federal Reserve, the S&P 500 index recovered from December’s steep sell-off and logged its best quarterly performance since 2009 (more…)
Results of Published Model Entries and Exits for Friday 03/29 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
Quarterly Ritual of Window Dressing to Drive the Markets today? The alleged quarterly (for some, monthly) market ritual of window dressing to potentially drive up the market today, or cause choppy spikes up even in the face of any negative developments, frustrating the bears further. The market action today likely to favor the bulls than (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 03/29” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Whipsaw price action continues with the S&P 500 index consolidating between key technical levels, as markets search for a major catalyst to break out in either direction. Trading higher during the early hour, (more…)
Results of Published Model Entries and Exits for Thursday 03/28 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
Potential China Trade Talks’ Breakthrough (yes, again), Quarter End Window Dressing… As we wrote on Monday this week, the potential “breakthrough” in US-China trade talks is hitting the headlines again. Add to that the potential quarter-end window dressing by fund managers, and we have a perfect recipe for artificially choppy trading to frustrate the bears (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 03/28” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Resuming its slide, the S&P 500 index fell back below the closely watched key technical level of 2800 as nervous investors continued piling up on Treasury bonds amid growing signs of an impending (more…)
Results of Published Model Entries and Exits for Wednesday 03/27 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
It is Still the Bulls’ Territory The bulls are trying to beat up the “no recession” drum to keep the bears at bay. Weakening U.S. home sales is not going to help in the medium term, but for now, the loudest party likely to get to push the market in their direction. At the end of (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 03/27” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Brushing aside fears of an impending recession, the S&P 500 index rebounded from previous two sessions’ losses alongside a sharp rally in Energy stocks. Gains however remained capped amid signs of recession as (more…)
