Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 04/18” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Better-than-expected economic data out of China failed to boost confidence as investors remained focus on mixed earnings results posted by blue-chip companies. The S&P 500 index erased early session gains alongside a brutal (more…)
Results of Published Model Entries and Exits for Wednesday 04/17 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month: NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade (more…)
This Bull Train Keeps Chugging Along Until some (any/if/when) major negative earnings story hits the markets, all indications in our models point to the high probability that the markets are going to consolidate the recent bullish leg and then extend it to new highs in the coming weeks. It would be wishful thinking to look (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 04/17” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) As first-quarter earnings continue to trickle in, better-than-expected results lifted the S&P 500 index higher at the open. Weakness in Real Estate and Health Care stocks amid rising risk-appetite, however, overshadowed gains in (more…)
Results of Published Model Entries and Exits for Tuesday 04/16 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
No Sherlock Holmes Needed to See the Bull’s Fingerprints All Around! Until some (any/if/when) major negative earnings story hits the markets, all indications in our models point to the high probability that the markets are going to consolidate the recent bullish leg and then extend it to new highs in the coming weeks. It would (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 04/16” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Bank earnings remains in focus with Goldman Sachs and Citigroup failing to matchup to the rosy picture painted by JP Morgan Chase & Co. last week. Pulled down by falling bank stocks, the (more…)
Results of Published Model Entries and Exits for Monday 04/15 Find below the detailed outcome tracking of our models’ trading plans for the day, as well as the results for the last month:NOTE: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any (more…)
Any Major Surprises to the Market Bull this Earnings Season? As the earnings to start to trickle down, all indications in our models point to the probability that the markets are going to consolidate the recent bullish leg and then extend it to new highs in the coming weeks – barring any major negative surprises (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/15” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Robust results posted by JP Morgan Chase & Co set a positive tone for the corporate earnings season, lifting the S&P 500 index above the consolidation range it was confined to and closing (more…)
