Earnings to Further Feed or Trip The Bulls on Thursday? Our S&P 500 Index forecast for Wednesday (07/25/18) – published Tuesday night – stated: “Indications are for continued bullishness in the markets while the index is above 2810. For Wednesday 07/25, if the index closes above 2830, it would indicate accelerating bullishness in the market.” (more…)
S&P 500 OUTLOOK for WED 07/25
Earnings to Continue to Feed the Bulls to Further Strength? Out S&P 500 Index forecast for Tuesday (07/23/18) – published Monday night – stated: “For Tuesday 07/24, if the index closes above 2816, it would indicate recovering bullishness in the market” (click here to read/verify this statement). The index closed at 2820.40 – above the (more…)
S&P 500 OUTLOOK for TUE 07/24
Consecutive Three Days of Tug-of-War! Advantage Bulls! Our S&P 500 Index forecast for Friday (07/21/18) – published Thursday night – stated: “Our models indicate that, tomorrow (Friday, 07/20), the index has to close below 2804 or above 2810 for any directional bias to develop; if not, then the tug-of-war would likely continue into the next (more…)
S&P 500 OUTLOOK for MON 07/23
A Weakening/Tired Bull? Monday’s Close to Confirm! Our S&P 500 Index forecast for Friday (07/21/18) – published Thursday night – stated: “Our models indicate that, tomorrow (Friday, 07/20), the index has to close below 2804 or above 2810 for any directional bias to develop; if not, then the tug-of-war would likely continue into the next (more…)
S&P 500 OUTLOOK for FRI 07/20
Market Reaching an Imminent Inflection Point – Day 3 Our S&P 500 Index forecast for today (Thursday) – published on Wednesday night – stated: “The index has to close below 2804 to cause any slowdown of the bulls!”. Staying true to the story of the last many days, the index did indeed track this – (more…)
S&P 500 OUTLOOK for THU 07/19
Market Reaching an Imminent Inflection Point – Day 2 Monday night, we published this S&P 500 Index forecast for Tuesday: “For Tuesday, 07/17, the models point to a continuation of the bull consolidation, within the broad 2775-2810 band.” (click here to read this report/verify this claim) – and, the market today closed at 2809.55, just (more…)
S&P 500 OUTLOOK for WED 07/18
Market Reaching an Imminent Inflection Point? Monday night, we published this S&P 500 Index forecast for Tuesday: “For Tuesday, 07/17, the models point to a continuation of the bull consolidation, within the broad 2775-2810 band.” (click here to read this report/verify this claim) – and, the market today closed at 2809.55, just about 0.5 below (more…)
S&P 500 OUTLOOK for TUE 07/17
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…)
S&P 500 OUTLOOK for MON 07/16
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…)
S&P 500 OUTLOOK for FRI 07/13
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…)