Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 01/31” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Buoyed by strong earnings from Boeing Co and Apple Inc., the S&P 500 jumped higher at the open. Maintaining gains ahead of the keenly awaited news conference of Fed Chairman Jerome (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 01/30” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) With the earnings season kicking off in full swing, today’s market action was primarily driven by the latest batch of mixed earnings reports. Confidence remained capped ahead of Fed Chairman Jerome (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 01/29” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) As investors brace for the busiest week of the earnings season, disappointing earnings by NVIDIA Corp and Caterpillar Inc. eroded confidence at the open after these two blue-chip companies warned of (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 01/28” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Stream of strong earnings continued throughout the week lifting the index higher and to recover from the slump experienced earlier in the week. Shrugging aside the trade concerns and fears of (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 01/25” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Whipsaw price action continued for the second session in a row as investors weighed trade concerns against a mixed bag of corporate earnings. While semiconductors and airline stocks rallied on the (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 01/24” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Shrugging aside trade concerns and the fear of a global economic slowdown, the S&P 500 index rebounded from last session’s sell-off as investors turned their focus back on corporate earnings. Strong (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 01/23” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Taking a breather from its strong 4-day rally, the S&P 500 index opened the holiday-shortened week on a pessimistic note after China reported that its economy grew by 6.6%, the slowest (more…)