Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 03/13” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) A softer-than-expected Consumer Price Index signaled at a muted inflation and reaffirmed the Federal Reserve’s decision to be patient with rate hikes, sending Treasury yields lower and benefiting riskier equity assets. (more…)
Results of Published Model Entries and Exits for Tuesday 03/12 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…)
Bear Beaten Down, Bull Appears Young and Vulnerable Last week, the S&P 500 Index failed to credibly break below the 2770 level which our models have been monitoring as the key level since last Tuesday, 02/26. After probing the 2730 level with the session low last Friday, 03/08, the index rebounded into the close with an (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/12” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Rebounding from a five day losing streak, a strong Tech-led rally lifted the S&P 500 index to regain the key technical support of 200 DMA (now at 2751.15) once again after (more…)
Results of Published Model Entries and Exits for Monday 03/11 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…)
Bear or Bull, the Market Approaching Potential Inflection Point The S&P 500 Index did not confirm a bearish break down on Friday, after closing below the key 2770 level our models have been monitoring since last Tuesday, 02/26. A daily close below 2730 is required to confirm a shift to a bearish bias and a daily (more…)
Results of Published Model Entries and Exits for Friday 03/08 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…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 03/11” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) A surprisingly weak jobs data spooked investors a day after the European Central Bank (ECB) slashed its growth forecast for Eurozone for 2019. In another sign of weakening global economic growth, (more…)
Is That Bear About to Emerge Fully Today or Monday? With the S&P 500 closing yesterday below the key 2770 level our models have been monitoring since last Tuesday, 02/26, our models have negated the bullish bias today (click here to read the full forecast and/or to cross check the key levels). Yesterday Europe, last night (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 03/08” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Logging a four-day losing streak, the S&P 500 index breached the key technical support level amid growing signs of a slowing global economy, coupled with a lack of clarity around U.S. (more…)
