Bull Consolidation Completed. Another Inflection Point Indicated Soon! On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on Friday afternoon (more…)
S&P 500 OUTLOOK for THU 07/12
Trade War Concerns Not Able to Dent the Bull Spirit! What Can, if Any? On Friday 07/06/18, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all that week long, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our (more…)
S&P 500 OUTLOOK for WED 07/11
Potential Stalemate between the Bulls and Bears! Geopolitical/Macro Event(s) now Hold Sway! On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all last week, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on (more…)
S&P 500 OUTLOOK for TUE 07/10
Bulls Settled In Full Force, Driving the Bears Into Hiding! On Friday, the S&P 500 Index broke out of the 2735-45 range that we referred to in the forecasts all last week, and triggered long (bought) positions by both our Medium-term and Intraday/Aggressive models, as alerted to in our Intraday Alert published on Friday (more…)
TODAY IN THE MARKETS – MON 07/09
Note: Our nightly “S&P 500 Outlook,Forecast, and Trading plan for Tues, 07/10” – please check back later (usually published around 9:30pm/10:00pm EDT on Mon). S&P 500 TODAY – MON 07/09 THE GIST (“THE WHAT”) Extending last week’s optimism and rallying strongly for the third straight day, the S&P 500 index opened with significant gains as (more…)
INTRADAY UPDATE – MON – PROFITABLE MODEL POSITIONS & KEY LEVELS
In the trading plan for today – published last night – you read: “If the current long is intact and if the index rises above 2770, put a trailing stop for 12 points and let the position ride or the stop get hit for a profit.” (click here for the full report)Within less than an hour (more…)
S&P 500 OUTLOOK for MON 07/09
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…)
S&P OUTLOOK for FRI, 07/06
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…)
S&P 500 OUTLOOK for THU., 07/05
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…)
S&P 500 OUTLOOK for TUE, 07/03
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…)