Earnings and Economic Headlines to begin to Replace Geopolitical Concerns? No market-moving geopolitical news overnight and that might be allowing the markets to focus on economic and earnings related headlines. Chip stocks’ earnings concerns (read, Broadcom’s), China’s weak economic numbers, IEA’s oil demand outlook, and Gold’s rise…these are likely to consume investors’ sentiments today, (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/14” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) A solid rebound in oil prices helped lift the S&P 500 index to close higher for the first time in three days. Gains, however, remained capped amid investor caution ahead of the (more…)
Results of Published Model Entries and Exits for Thu 06/13 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month. (please click here to view the Outlook and Trading Plans published in the morning, that these results refer to) THE SUMMARY: (more…)
