Bull-Bear Dog Fight to Continue With the bears out in the open and the bulls trying to defend their territory, expect a dog fight between the two sides until the market falls in one-side’s territory decisively. As of now, the market has gotten out of the bull’s territory but is not in the bear territory, (more…)
Results of Published Model Entries and Exits for Wednesday 05/15 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/16” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Weaker-than-expected retail and industrial data out of the U.S. and China reignited fears of a global recession in the wake of escalating trade tensions, eroding confidence at the open. However, reports that the (more…)