S&P 500 OUTLOOK for TUE 06/11

Would this Yo-Yo of a Market Turn Into a Projectile (in any single direction) Anytime Soon?     The geopolitical headlines continue to play ping-pong with the Financial Markets sentiment, resulting in knee-jerk trading retail traders running like chicken with heads cut off from one direction to another.  Despite many pundits’ forecasts of a collapse of (more…)

TODAY IN THE MARKET – MON 06/10

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/07” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Building on last week’s optimism, the S&P 500 index inched closer to all-time highs on reports that the U.S. and Mexico have agreed on a deal to avoid tariffs on Mexican imports. Gains, (more…)