Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 04/04” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Extending gains for the fifth straight session, the S&P 500 rallied during the early session on reports that the U.S. and China are nearing a trade deal. Gains were however pared in the (more…)
Results of Published Model Entries and Exits for Wednesday 04/03 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…)
US-China Trade Talks: Kool-Aid or Nourishing Tonic for the Markets? With no major economic/financial/earnings catalysts to push further, a phase of consolidation could ensue for the rest of this week and/or until more market relevant economic and earnings news start to trickle in…with, of course, the China trade talks intermittently used, again and again, to (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 04/03” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Taking a breather from a strong 3-day rally that took the S&P 500 index to a 6-month high, the index closed today’s session essentially unchanged. Investors keenly await any developments around U.S. – (more…)
Results of Published Model Entries and Exits for Tuesday 04/02 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…)
Bulls Ensconced in their Territory With the help of the China headlines, quarter-end window dressing, and first-of-month flows, the bulls managed to make a push deep into their territory. With no major catalyst to push further, a phase of consolidation could ensue for the rest of this week and/or until more market relevant economic and (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 04/02” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Mirroring global equities, the S&P 500 opened the second quarter on a positive note. Upbeat manufacturing data out of China eased concerns of a slowing global economic growth and boosted sentiment at the (more…)
Results of Published Model Entries and Exits for Monday 04/01 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…)
It’s China, China, and China Today! (and, first-of-the-month) As we first wrote on last Monday (click here to see the original article), China continues to be the main driver of the market headlines – may be for lack of any other better/bigger news. This might continue into the week and/or until more market relevant economic (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/01” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Primarily driven by optimism around U.S. – China trade deal and an overly dovish Federal Reserve, the S&P 500 index recovered from December’s steep sell-off and logged its best quarterly performance since 2009 (more…)
