Record Intra-day High to Follow Record Close? As our models have been indicating, the S&P 500 index has made a new record close yesterday, with the help of the heating up of the earnings release. While the intra-day high record is yet to be broken, our models are not necessarily betting on it but are (more…)
Results of Published Model Entries and Exits for Tuesday 04/23 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…)
Key Earnings to Start Heating Up or Cooling Down the Market Action As key earnings start to trickle down, it is imperative that the last week’s choppiness would give way in one direction or another. The talk about an “end of the current bullish leg” or the “run for a new high” likely to shape (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 04/23” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Hovering near all-time highs, the S&P 500 remains confined within the consolidation range as investors keenly await key quarterly earnings results of some of the major companies across sectors. A surge in oil (more…)
Results of Published Model Entries and Exits for Monday 04/22 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 (more…)
Earnings to Start Heating Up or Cooling Down the Market Action With the earnings season’s first busy week kicking off, it is imperative that the last week’s choppiness would give way in one direction or another. The talk about an “end of the current bullish leg” or the “run for a new high” likely to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/22” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) The S&P 500 index closed the holiday-shortened week with a slight gain as solid earnings out of major Industrials outweighed weakness in Energy and Financial stocks. A strong batch of economic data lifted (more…)
Results of Published Model Entries and Exits for Thursday 04/18 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…)
Market Action Has Been How It Should Be – Boring! For the last few days, there have been no real market moving headlines and the market action has been just “boring” (to paraphrase a few of our readers). This is what a typical “consolidation” phase looks like. And, if you followed the markets for a (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 04/18” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Better-than-expected economic data out of China failed to boost confidence as investors remained focus on mixed earnings results posted by blue-chip companies. The S&P 500 index erased early session gains alongside a brutal (more…)
