Today, It’s All About the Interest Rates and the Fed Outlook! Our S&P 500 Index aggressive, intraday models’ Trading Plans for Tue, 09/25 – published before the markets opened – stated: “For today’s regular session, aggressive intraday models are indicating going long above 2933 or going short below 2914 – both with a 6-point trailing (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 09/26” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) With investors maintaining a cautious stand ahead of the keenly awaited Federal Reserve’s monetary policy decision on Wednesday, the S&P 500 index remained directionless, swinging between small gains and losses amid (more…)
New Records Can’t Be Printed Daily or Weekly – Bulls to Take a Breather? Our S&P 500 Index aggressive, intraday models’ Trading Plans for Fri, 09/21 – published before the markets opened – stated: “For today’s regular session, aggressive intraday models are indicating going long above 2938 or going short below 2921 – both with (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 09/25” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Weighed down by trade and political news headlines, the S&P 500 index opened the week on a weaker note. U.S. tariffs on $200 billion worth of Chinese goods went into effect (more…)
Record Bull Run to Continue Unabated or Take a Breather? Our S&P 500 Index Medium-term models’ Trading Plans for Fri, 09/21 – published before the markets opened – stated: “For today’s regular session, the medium term models indicate carrying through this long position with a stop at 2922 to lock in a 9-point profit should (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 09/24” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Building on previous session’s gains, the S&P 500 index gapped up at the open, but was unable to hold on to the gains as Technology stocks weighed down on the index. (more…)
Our Models Catapulted from the Snail to Bullish Trades and Riding Them! Wild Action Anticipated Ahead! Our S&P 500 Index Medium-term models’ Trading Plans for Thu, 09/20 – published before the markets opened – stated: “For the second day in a row, our medium term models indicate going long above the break of 2913 on (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 09/21” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Ignoring the tensions around unresolved trade issues and breaking through the all-time highs of August 29, the S&P 500 registered fresh new highs with Technology sector in the lead. Gapping (more…)
Slow Grind Towards A Clear Bull Territory – if Hitting No Geopolitical or Economic Bummer! Our S&P 500 Index Medium-term models’ Trading Plans for Wed, 09/19 – published before the markets opened – stated: “Models indicate going long above the break of 2913 on the index level, with a stop-loss at 2892″ (to verify this claim click (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 09/20” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 closed higher for the second straight day, albeit with a choppy price action as investors brushed aside the lingering trade tensions. Financials and Energy stocks outperformed, offsetting a (more…)
