Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/08” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Intense selling for the second straight session amid growing uncertainty around U.S. – China trade talks sent the S&P 500 index tumbling to its one month-low. Escalating trade tensions sparked a sell-off across (more…)
Results of Published Model Entries and Exits for Tuesday 05/07 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…)
China Trade Talks – “Close to the Final Round”?! Secretary Mnuchin’s statement mid-April saying “we’re getting close to the final round of concluding issues” now proved to be naive at best and misleading at worst – both possibilities together summarize the unfortunate state of the U.S. politics, policy, and administration these days! In the absence (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 05/07” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Trade tensions came back to the fore, sending the S&P 500 index tumbling at the open. In a sign of resilience, the index staged a strong rebound in the afternoon session bouncing off (more…)
Results of Published Model Entries and Exits for Monday 05/06 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…)
Stock Market and the Economy Now a Political Pinata Disguised as China-Trade-Talks? On Friday, our models indicated: “With the Non-Farm Payrolls out of the way, China trade talks appear to be the only game left”, with our headline itself highlighting this possibility, and we are indeed seeing it all over the place as we are (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 05/06” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) The S&P 500 index rebounded from a Fed-led decline as investors cheered a stronger-than-expected U.S. jobs report for the month of April. A slew of robust earnings further fueled the day’s gains. Rising (more…)
Results of Published Model Entries and Exits for Friday 05/03 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…)
US-China Trade Talks the “Play Book” Next Week? With the Non-Farm Payrolls out of the way, China trade talks appear to be the only game left to cheer the markets next week – but, till then nothing much to feed the bulls. With the new highs established, economic news looking like non-events, investors appearing apathetic (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/03” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Intense selling in Energy stocks extended for the second session in a row alongside plunging oil prices, dragging the S&P 500 index lower. The index, however, recouped some of the day’s losses to (more…)
