Getting Tired of the Trade War Rhetoric? Investors seem to be wishing to forget the trade war rhetoric and focus on something less chaotic, but complacency always leads to spectacular blowups (in either direction). Major indices are right in the middle of precariously stubborn support and resistance levels, but the trade war related headlines could be (more…)
Results of Published Model Entries and Exits for Wednesday 06/05 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, 06/6” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Building on previous session’s Fed-led relief rally, the S&P 500 index extended gains to close decisively above the psychologically important 2800 level. Growing expectations that the Fed will support the economic expansion, (more…)
