This Bull Keeps Running Further and Farther! Investors Seem to Have No Choice but to Run With It Until It Drops! Our S&P 500 Index intraday models’ forecast and trading plan for Monday, 08/27, stated: “For today, Monday, the models would go long above 2878 and go short below 2750 – both with a tight, (more…)

This Bull Keeps Running Further and Further – No Stop in Sight? Our S&P 500 Index forecast for Friday, 08/24, stated: “A daily close above 2870 is needed – and, needed fast – for the current bull run to maintain momentum.” (click here for the full text of the forecast) The index did close comfortably above (more…)

This Friday: Crescendo of the Bulls or the Harbinger of the Bears? Our forecast of imminent new record highs this week has come true on Day 2 – on Tuesday – with the S&P 500 Index registering a new high of 2873.23. The financial markets have digested all the political headlines with poise and the (more…)

The Bull Run Not Really Dented Much – Just Bull Consolidation? Our forecast of imminent new record highs has come true on Day 2 – on Tuesday – with the S&P 500 Index registering a new high of 2873.23. The financial markets have digested all the political headlines with poise and the bulls have barely (more…)

Court Verdict, Guilty Plea and Implication, Raucous Rally, Fed Minutes…Enough to Spook the Markets? Our forecast of imminent new record highs has come true on Day 2 – yesterday – with the S&P 500 Index registering a new high of 2873.23. But, with the domestic political temperatures weathering(?), what otherwise could be a tsunami, with (more…)

Imminent New Record Highs – Day 2? With no major economic releases scheduled barring this Wednesday’s release of the FOMC Meeting Minutes and Fed Chair Powell’s speech at Friday’s Jackson Hole Syposium, the major driver of the news headlines continue to be the US-China trade talks this week. S&P 500 Index seems poised to take (more…)

Imminent New Record Highs? With no major economic releases scheduled barring this Wednesday’s release of the FOMC Meeting Minutes and Fed Chair Powell’s speech at Friday’s Jackson Hole Syposium, the major driver of the news headlines is going to be the US-China trade talks this week. S&P 500 Index seems poised to take advantage of (more…)

Race to New Highs or YoYo Day-3? The overnight S&P 500 Index e-mini futures market is not doing much, other than showing some “profit taking” (?) on yesterday’s strong move. No major news headlines seem to be swirling the markets (at least, not yet, as of 8:30am EDT). No major economic releases scheduled other than (more…)

Is the Retail Money Chasing the YoYo Up-and-Down and Getting Whipsawed? In the overnight S&P 500 Index futures market, the geopolitical events involving Turkey’s Lira seems to have faded into the background, the US-China trade war seems to see some “truce” potential (can you count how many times you have read this in the news (more…)

The Smart Money Playing YoYo With the Markets? The geopolitical events involving Turkey’s Lira does not seem to be a big concern for the global economy or financial markets – at least, not yet, as we forecast with our clear words:“However, do NOT write it off and do NOT short the index unless key support (more…)