Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 04/03” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Taking a breather from a strong 3-day rally that took the S&P 500 index to a 6-month high, the index closed today’s session essentially unchanged. Investors keenly await any developments around U.S. – (more…)
Results of Published Model Entries and Exits for Tuesday 04/02 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 any (more…)
Bulls Ensconced in their Territory With the help of the China headlines, quarter-end window dressing, and first-of-month flows, the bulls managed to make a push deep into their territory. With no major catalyst to push further, a phase of consolidation could ensue for the rest of this week and/or until more market relevant economic and (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 04/02” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Mirroring global equities, the S&P 500 opened the second quarter on a positive note. Upbeat manufacturing data out of China eased concerns of a slowing global economic growth and boosted sentiment at the (more…)
Results of Published Model Entries and Exits for Monday 04/01 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 any (more…)
It’s China, China, and China Today! (and, first-of-the-month) As we first wrote on last Monday (click here to see the original article), China continues to be the main driver of the market headlines – may be for lack of any other better/bigger news. This might continue into the week and/or until more market relevant economic (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/01” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Primarily driven by optimism around U.S. – China trade deal and an overly dovish Federal Reserve, the S&P 500 index recovered from December’s steep sell-off and logged its best quarterly performance since 2009 (more…)
Results of Published Model Entries and Exits for Friday 03/29 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…)
Quarterly Ritual of Window Dressing to Drive the Markets today? The alleged quarterly (for some, monthly) market ritual of window dressing to potentially drive up the market today, or cause choppy spikes up even in the face of any negative developments, frustrating the bears further. The market action today likely to favor the bulls than (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 03/29” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Whipsaw price action continues with the S&P 500 index consolidating between key technical levels, as markets search for a major catalyst to break out in either direction. Trading higher during the early hour, (more…)
