Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 01/09” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Closing the session higher for the third straight session, the S&P 500 extended gains as investors remain cautiously optimistic about a potential trade deal between the U.S. and China. Opening higher, (more…)
China, the spin, Continues… Our medium-term models continued the winning streak on Monday by booking 18.00 S&P 500 index points in profits, and our aggressive intraday models booked 23.00 points in profits, simply by mechanically trading the pre-defined entry and exit points as published in our trading plans before the markets open. This marks four (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 01/08” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building on previous session’s Fed-induced rally, the S&P 500 index extended gains on hopes that the resumption of the U.S. – China trade negotiations could result into a resolution to their (more…)
Today’s Published Mechanical Trading Entries and Exits netted +23.00 index points and +18.00 index points Our medium-term models continued the winning streak of seven consecutive profitable trading days by booking 18.00 S&P 500 index points in profits today, and our aggressive intraday models continued the winning streak of eight consecutive profitable trading days by booking (more…)
It’s China, Again, Today (and, likely again and again)! Our medium-term models continued the winning streak on Friday by booking 9.70 S&P 500 index points in profits, and our aggressive intraday models booked 11.70 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as published in our trading plan (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 01/07” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Easing of recession jitters following a surprise big jump in December jobs data, lifted sectors across the board with a wild price action. The worst performing sectors last week were the (more…)
It’s Non-Farm Payrolls Friday! Add Fed speeches, US-China Trade Talk Headlines – Wild Moves Ahead! Our medium-term models continued the winning streak yesterday by booking 47.53 S&P 500 index points in profits, and our aggressive intraday models booked 33.50 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 01/04” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Reaffirming fears of a global recession, Apple Inc. slashed its revenue outlook citing slowing Chinese demand and sparking a dramatic sell-off within the Technology sector. Panicked investors continued pilling up on (more…)
Apple, Soured In China! Our medium-term models rang the 2019 trading year by booking 13.75 S&P 500 index points in profits, and our aggressive intraday models booked 14.75 points in profits, simply by following mechanical trading using the pre-defined entry and exit points as published in our trading plan before the markets opened. We wrote (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 01/03” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Following the worst trading year since Financial Crisis of 2008 and the worst December since the Great Depression, S&P 500 index opened the new trading year on a bearish note with (more…)
