Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/19” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building up on last week’s solid gains, the S&P 500 index rallied on the back of a jump in energy, banking and retail stocks to close at a five-month high. Gains, (more…)
RESULTS of MODEL TRADES for FRI 03/15
Results of Published Model Entries and Exits for Friday 03/15 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…)
S&P 500 OUTLOOK for MON 03/18
Pivotal Week Ahead! The FOMC meeting this week is yet another event that could cause a swift spike up – in addition to the ever-lurking US-China trade agreement. These are the two major factors that are keeping the bear at bay, for now. Any “buy the rumor, sell the news” unfolding after these could quickly (more…)