Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Wed, 07/18” will be posted Tue, 07/17 night – please check back around 10:30pm/11pm EDT. THE GIST (“THE WHAT”) The S&P 500 index opened significantly lower weighed down by disappointing subscriber growth reported by Netflix Inc. post Monday’s session close. The index rebounded as investors (more…)
Current Positions and Biases of our S&P 500 Index Trading Models: Based on the Trading plans published last night (click here to read the full Forecast), our models are monitoring the market action around the 2810 level (medium-term models), and the 2785-2795 band (intraday, aggressive, short-term models). Currently, both term models are in long positions (bought). (more…)
Can the Bears Mount an Attack on The Rather Tired Bull? On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Tue, 07/17” will be posted Mon, 07/16 night – please check back around 10:30pm/11pm EDT. S&P 500 TODAY – MON 07/16 THE GIST (“THE WHAT”) The S&P 500 index opened flat as a slump in Energy stocks offsetting gains in Financials sector. A sharp fall (more…)
Current Positions and Biases of our Models: Based on the Trading plans published last night (click here to read the full Forecast), our models – both the medium-term and the intraday/agressive/short-term models – have exited the profitable long positions (at 2798.50 and 2798 resepectively) and are currently flat (no positions). The models are monitoring the (more…)
Bulls Marked Their Territory Last Week! And, Our Models Proved Their Worth, AGAIN! On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Mon, 07/16” will be posted Sunday, 07/15 evening – please check back later S&P 500 TODAY – FRI 07/13 THE GIST (“THE WHAT”) The S&P 500 index opened Friday’s session on a weaker note following mixed earnings results by big banks before the open. Bouncing (more…)
Bull Consolidation Completed. Another Inflection Point Indicated Soon! On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on Friday afternoon (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Friday, 07/13” – please check back later (usually published around 9:30pm/10:00pm EDT on Thursday). S&P 500 TODAY – THURSDAY 07/12 THE GIST (“THE WHAT”) The S&P 500 index rebounded from Wednesday’s sell-off as Technology sector outperformed amid a lull in trade war. Trade war concerns (more…)
INTRADAY ALERT – THU – MODEL POSITIONS Based on the S&P 500 Outlook/forecast published last night, here are the current positions held by our models: Medium-term/long-term Models FORECAST: “For Thursday, medium-term models indicate an indeterminate bias between 2760 and 2795. Above 2795, bulish bias, and bearish bias below 2760. Tight stops indicated in both the (more…)
