Markets Running Out of the Benefit-of-doubt Bandwidth? Most of the supporters have been affording this administration a lot of benefit of doubt for every “strategic move” unveiled through Twitter on trade policy. But, when people’s wallets are hurting, their patience and willingness to forgive the roller coaster rides that ensue twitter tantrums will run out (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/17” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Building on Wednesday’s rally, the S&P 500 index closed higher for the third straight session buoyed by better-than-expected economic data, coupled with strong earnings by Walmart Inc. and Cisco Systems Inc. Brushing aside (more…)
Results of Published Model Entries and Exits for Thursday 05/16 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…)
