Back to Basics, for a Day? The caution we published yesterday that a “buy the rumour, sell the news” reaction could be brewing in the markets is manifesting itself post-FOMC decision release. Any revelations of the easing/not-raising stance of the Fed seems to have lost its ability to induce a high in the investors, and (more…)
Results of Published Model Entries and Exits for Wednesday 03/20 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 03/21” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index closed lower for the second straight day led by a dramatic sell-off in banking and financial stocks. Trade concerns were further stroked after President Trump commented that (more…)
