Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Monday, 09/17” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Technology rebound led the S&P 500 index higher to register its best week in two months, further fueled by trade optimism. A five-day winning streak lifted the index to near a (more…)
GapUp of Yesterday – Bulls’ Score or Bull Trap? Our intraday models’ trading plan for Thu, 09/13, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2893 or below 2863 to take any directional trades” (click here to read the (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Friday, 09/14” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Gapping higher at the open on the back of falling yields, the S&P 500 index managed to maintain the day’s gains as Technology stocks rebounded from the previous session’s slump. Gains, (more…)
The New Battle for Territory Continues – Day 4 Our intraday models’ trading plan for Wed, 09/12, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2893 or below 2863 to take any directional trades” (click here to read the (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 09/13” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) With no major catalyst to catapult it above the all-time highs registered in the last week of August, the S&P 500 index continues to be range bound, finding a strong support (more…)
Crytal Ball in our Models? Not Really, But the New Battle for Territory Continues – Day 3 Our intraday models’ trading plan for Tue, 09/11, published before the markets opened, stated: “For today’s regular session, the medium term models indicate an “indeterminate” bias and waiting for a daily close above 2888 or below 2863 to (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 09/12” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Surging oil prices ahead of a major hurricane that is expected to hit the Eastern coast led the S&P 500 index higher as investors brush aside trade related concerns for now. (more…)
Bulls Lost their Territory, Bears Yet to Gain It! It’s a New Battle! Our intraday models’ trading plan for Friday, 09/07, published before the markets opened, stated: “Our models did indeed pick up signals that the recent bullish trend might have been broken on Friday, and are waiting to determine if today’s (Mon, 09/10) market (more…)
Note: Our nightly “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 09/11” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Rebounding from a four day Technology-led sell-off, the S&P 500 index closed today’s session with slight gains. Optimism, however, remained capped amid ongoing trade talks between the U.S. and Canada over (more…)
Bullish Trend Possibly Broken on Friday! Wait for Today’s Close to Confirm! Our intraday models’ trading plan for Friday, 09/07, published before the markets opened, stated: “the medium term models indicate an “indeterminate” bias and waiting to monitor the daily close today AND Monday to determine their next trading strategy” (click here to read the full (more…)
