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…)
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…)
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…)
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…)
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…)
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…)
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…)
