Markets to Look at Consumer Confidence and Powell’s Diffidence for Direction Last week’s record highs in the markets were driven by the Fed’s stand on standing pat on the interest rates. Today’s consumer confidence numbers could throw some light onto their rationale. And, Chairman Powell’s remarks later today (at 1pm ET) could be what the (more…)
Results of Published Model Trades for Mon 06/24 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 GIST: Medium-Frequency Models: (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here THE GIST (“THE WHAT”) The S&P 500 struggled for direction ahead of the keenly-awaited meeting between President Trump and Chinese President Xi Jinping at (more…)
Thursday’s Raging Bull Essentially Stood its Ground on Friday! Can it Continue to Hold its Territory? Last Thursday’s all time high in the S&P 500 Index was accompanied by the month’s second highest volume, shooting down concerns of weak volumes. And, it was followed by an essentially sustained highs with Friday’s significantly high volume (more…)
Results of Published Model Trades for Fri 06/21 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 GIST: Medium-Frequency Models: (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. THE GIST (“THE WHAT”) The S&P 500 index snapped a strong 4-day winning streak and closed a choppy session slightly lower, albeit registering record (more…)
New Leg of the next Bull Run or the Last Gasp? Yesterday’s all time highs were accompanied by the month’s second highest volume, shooting down concerns of weak volumes. Was it the beginning of another leg of the bull run or is it going to prove to be the last gasp of the market (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. For the Results of the morning’s Trading Plans, please click here. THE GIST (“THE WHAT”) Investors continued to cheer a dovish shift in Fed (more…)
Results of Published Model Trades for Thu 06/20 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 GIST: Medium-Frequency Models: (more…)
The gap we cautioned about in our morning publication is filled with the S&P 500 Index registering a session low of 2931.50! As per the trading plans published in the morning (click here to view the plans), our Aggressive Intraday Models have made one profitable trade by shorting on the SPX crossing below 2948 and (more…)