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…)
S&P 500 OUTLOOK for FRI 10/05
It’s All About the Jobs Number Today! Or, Is It? Our S&P 500 Index forecast for yesterday – published before the markets opened – stated: “Aggressive, intraday models indicate the risk to the bulls, with a bearish spike down for the day”. The mainstream financial news media headlines for yesterday – after the markets closed (more…)
S&P 500 OUTLOOK for THU 10/04
Yields, USD, Initial Jobless Claims, Durable Goods…Back To Basics? Despite the news headlines seemingly rattling the markets – up and/or down – the S&P 500 Index hasn’t moved even a couple of points from where it opened the month of October! Our models have declared “neutral bias” this week and continue to sport it until (more…)
S&P 500 OUTLOOK for WED 10/03
Today’s ISM Data to Help The Restless Bull Break Out? Despite the news headlines including the “new-NAFTA”, Tesla’s settlement with the SEC, new CEO at GE lifting the markets in the overnight futures and into the morning session, the S&P 500 Index could not break out of the range our models indicated on Monday, 10/01! (more…)
S&P 500 OUTLOOK for MON 10/01
New-NAFTA, Tesla Settlement, GE New CEO…Caution to Bulls Until the Range Is Broken Out of! Despite the news headlines including new-NAFTA, Tesla’s settlement with the SEC, new CEO at GE lifting the markets in the overnight futures and likely into the morning session, our models indicate caution to bulls until the recent range is broken (more…)
S&P OUTLOOK for FRI 09/28
Until a Major Catalyst Shakes It Up, Market Is Stuck in Range-bound Trading S&P 500 Index trading plans of our aggressive, intraday models – published before market open yesterday – stated: “The trigger of the trailing stop is currently anchored at 2909.28, which would lock in a profit of about 4 points if filled” (on (more…)
S&P OUTLOOK for THU 09/27
Mostly Geopolitical Headlines’ Noise to Drive the Markets until Next Major Catalyst! Our Models Entering Into a Neutral Bias. Our S&P 500 Index aggressive, intraday models’ Trading Plans for Wed, 09/26 – published before the markets opened – stated: “For today’s regular session, aggressive intraday models are indicating going long above 2936 or going short (more…)
S&P 500 OUTLOOK for WED 09/26
Today, It’s All About the Interest Rates and the Fed Outlook! Our S&P 500 Index aggressive, intraday models’ Trading Plans for Tue, 09/25 – published before the markets opened – stated: “For today’s regular session, aggressive intraday models are indicating going long above 2933 or going short below 2914 – both with a 6-point trailing (more…)
S&P 500 OUTLOOK for TUE 09/25
New Records Can’t Be Printed Daily or Weekly – Bulls to Take a Breather? Our S&P 500 Index aggressive, intraday models’ Trading Plans for Fri, 09/21 – published before the markets opened – stated: “For today’s regular session, aggressive intraday models are indicating going long above 2938 or going short below 2921 – both with (more…)
S&P 500 OUTLOOK for MON 09/24
Record Bull Run to Continue Unabated or Take a Breather? Our S&P 500 Index Medium-term models’ Trading Plans for Fri, 09/21 – published before the markets opened – stated: “For today’s regular session, the medium term models indicate carrying through this long position with a stop at 2922 to lock in a 9-point profit should (more…)