Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. For the Results of the morning’s Trading Plans, please click here. THE GIST (“THE WHAT”) Investors continued to cheer a dovish shift in Fed (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. For the Results of the morning’s Trading Plans, please click here. THE GIST (“THE WHAT”) The S&P 500 index extended its Fed-led rally for (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. For the Results of the morning’s Trading Plans, please click here. THE GIST (“THE WHAT”) Hopes that the U.S. and China will be moving (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 06/18” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) A quite session ahead of the key monetary policy announcement by the Federal Reserve lifted the S&P 500 index to close slightly higher following a narrow, choppy price action. Strong gains in (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 06/17” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Intense selling of semiconductor stocks weighed down heavily on the S&P 500 as concerns of weakening demand for technology products was once again revived after Broadcom Inc. missed revenue estimates and lowered (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/14” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) A solid rebound in oil prices helped lift the S&P 500 index to close higher for the first time in three days. Gains, however, remained capped amid investor caution ahead of the (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 06/13” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index closed lower for the second straight session, although holding on to its key support levels amid investor caution ahead of the keenly awaited G-20 summit wherein President Trump (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 06/12” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Taking a breather from an intense 5-day rally, the S&P 500 index reversed its early session’s attempt to extend gains as investors’ focus shifted back to U.S. – China trade tensions ahead (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/07” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Building on last week’s optimism, the S&P 500 index inched closer to all-time highs on reports that the U.S. and Mexico have agreed on a deal to avoid tariffs on Mexican imports. Gains, (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/07” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The Fed-led rally extended into its third session. Struggling for direction and flirting with its 20 DMA (now at 2826.90) during the early hours, the S&P 500 index received a strong boost in (more…)
