Strong GDP Numbers to Help the Markets Scale New Highs Today? We wrote yesterday’s morning “Only some unexpectedly bullish earnings headlines can make this possible”. This morning’s (much) stronger than expected GDP numbers could play that role opening the all time intraday high of 2940.91 for an attack today. If we indeed break the all-time (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 04/26” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 struggled to break above the all-time highs, closing mostly flat at 2926.17, down only 1.08 points over previous session’s close. Today’s choppy price action was primarily driven by earnings hits (more…)
Results of Published Model Entries and Exits for Thursday 04/25 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…)
