S&P 500 OUTLOOK for THU 06/27

Directionless Trading to Continue into the G-20 Summit Weekend Barring any major, unexpected economic or geopolitical headlines, the markets are likely going to be in a holding pattern until the G-20 summit, which could shed some light on the potential for any resolution to the trade war.  With the interest rate cut hopes drying up, (more…)

RESULTS of MODEL TRADES for WED 06/26

Results of Published Model Trades for Wed 06/26      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…)

TODAY IN THE MARKET – WED 06/26

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”) The S&P 500 index closed lower for the fourth (more…)

S&P 500 OUTLOOK for WED 06/26

  Powell’s Diffidence-turned-Dissidence to Torpedo Markets Buoyed by Rate-cut Hope/Hype? Chairman Powell’s remarks cautionary words about not succumbing to “short term political pressures” should – and did – sound alarm bells for the markets buoyed mainly by hope/hype about imminent interest rate cuts starting in as early as July. Can the markets sustain Powell’s dashing (more…)

RESULTS of MODEL TRADES for TUE 06/25

Results of Published Model Trades for Tue 06/25      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…)

TODAY IN THE MARKET – TUE 06/25

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”) A sharp drop in Consumer Confidence reading, coupled with (more…)

S&P 500 OUTLOOK for TUE 06/25

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 MODEL TRADES for MON 06/24

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…)

TODAY IN THE MARKET – MON 06/24

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…)

S&P 500 OUTLOOK for MON 06/24

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…)