How Much did the S&P 500 Index Move Last Week? +0.65 points!! Despite the headline grabbing market moves throughout last week, the S&P 500 Index moved just +0.65 points all of last week – from the close at 2767.13 on Friday, 10/12 to the close at 2767.78 on Friday, 10/19! This is in spite of (more…)
So Much Noise and No Real Movement In the Markets?! Stay Patient and Stay Safe In this Whipsaw Trading Environment! Despite the headline grabbing market moves all this week, the S&P 500 Index closed yesterday – Thursday, 10/18 – just where it closed last Friday! To be exact, the index closed last Friday at 2767.13, (more…)
Yesterday’s price action in S&P 500 tested both the upper and lower trading levels indicated by our models’ forecast – published before the markets’ open. The index registered the day’s low under 2 points away from our medium-term model’s lower bound and the day’s high was registered under 1 point above the level indicated by (more…)
Do NOT Turn Complacent with The Recent Big Wins! Our S&P 500 Forecast trading plans published before the markets opened on Monday, 10/15 stated: “models are sporting caution to the bears regarding a potential corrective spike up in a whipsaw manner” (click here to read the full report and/or to verify this claim). This has come (more…)
Key Technical Levels and Earnings In Focus This Week! Our S&P 500 Forecast trading plans published before the markets opened on Friday 10/12 indicated going short on a break below 2740 and going long on a break above 2887(aggressive-intraday models) or 2796 (medium-term models) (click here to read the full report and/or to verify this claim). The (more…)
Key Battle Lines In Play Today! Our S&P 500 Forecast medium-term models’ trading plan for yesterday – published before the markets opened yesterday – indicated going short on a break below 2880, which was triggered and the models went short; the aggressive, intraday models indicated carrying the short position opened on Wed 10/10 at 2876 (more…)
“Stay Patient and Be Safe – Don’t Play with Choppy Markets” – Our Headline Published Yesterday BEFORE the Market Open Still Applies to Today! Our S&P 500 Forecast’s aggressive intraday models published the following trading plan yesterday – before markets opened: “If the index crosses above 2886 during the regular session, the models indicate going (more…)
Stay Patient and Be Safe – Don’t Play with Choppy Markets Our models have declared “neutral bias” last week and continue to sport it until the indicated range is broken out of. Yields, so far, have failed to prove to be the major catalyst needed to push the markets out of this range decisively. Despite (more…)
Range Breakout to be Confirmed Today! Our models have declared “neutral bias” last week and continue to sport it until the indicated range is broken out of. Yields seem to be developing into the major catalyst needed to push the markets out of this range, on the downside. Despite the headlines on multiple fronts throughout (more…)
