Bulls Got Bolder and Prevailed into the Last Weekend! Bears only Hope is a Geopolitical Event? On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts for the last four days and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Mon, 07/09” – please check back later. S&P 500 TODAY – FRI 07/06 THE GIST (“THE WHAT”) In a clear sell the rumor and buy the news situation, the S&P 500 index had its best day in a month even as trade tensions between U.S. (more…)
PROFITABLE MODEL POSITIONS UPDATE In the forecast for Friday – published just before the market open – we gave the trading plans that have triggered long positions (buy) on both the medium-term models as well as the intraday, agressive models! Click here to read the full trading plan. As per the forecast and the trading plan, (more…)
Bulls Got Bolder! Bears to Bank on Tradewar Fears? The S&P 500 Index Outlook for Tuesday – published Monday night – stated: “For Tuesday, the models continue to indicate the risk tilted towards a move up to test the 2735-45 region before further directional bias could pull the index in either direction”. (click here for the (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Friday, 07/06” – please check back later. S&P 500 TODAY – THURSDAY 07/05 THE GIST (“THE WHAT”) The S&P 500 index opened higher as trade tensions eased following news that the European Union and U.S. officials could potentially eliminate tariffs on auto imports. Technology (more…)
Bulls Getting Bolder? Bears to Re-charge? The S&P 500 Index Outlook for Tuesday – published Monday night – stated: “For Tuesday, the models continue to indicate the risk tilted towards a move up to test the 2735-45 region before further directional bias could pull the index in either direction”. (click here for the full report) (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Wed, 07/04” – please check back later. S&P 500 TODAY – TUE 07/03 THE GIST (“THE WHAT”) The S&P 500 index extended Monday’s optimism as Energy stocks bounced back from Monday’s sell-off during the opening session on news of a decline in U.S. crude stockpiles. (more…)
The S&P 500 Index Outlook for today (Tue) – published last night – stated: “For Tuesday, the models continue to indicate the risk tilted towards a move up to test the 2735-45 region before further directional bias could pull the index in either direction”. The overnight futures market already (as of now, 9:00am EDT, the e-mini futures (more…)
Tired Bear and a Weak Bull – Who Will Gain Strength Tuesday? As speculated in our forecast for Monday – published Sunday afternoon – the S&P 500 Index has started the fourth week, after three of consecutive losing weeks – with some stoppage in the bleeding and a modest rise of 8.34 points (0.31%). The report (more…)
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Tuesday, 07/03” – please check back later. S&P 500 TODAY – MONDAY 07/02 THE GIST (“THE WHAT”) The S&P 500 index opened the first trading day of the third quarter on a bearish note as trade jitters kept the global equity markets under pressure overnight. (more…)
