The Lurking Bear is Now Out In the Open The economic numbers today have brought the lurking bear finally out in the open. Yet, the path ahead for the bears is not necessarily smooth and our models are still “cautious” about the bearish bias until a daily close below 2895 is registered. Extreme caution is (more…)
Results of Published Model Entries and Exits for Tuesday 05/14 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/15” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Optimism over a possible resolution of the long-drawn-out U.S. – China tariff spat following positive comments from both disputing side helped the S&P 500 index to partially erase Monday’s steep losses. Investors bought (more…)