TODAY IN THE MARKET – TUE 03/26

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 03/27” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Brushing aside fears of an impending recession, the S&P 500 index rebounded from previous two sessions’ losses alongside a sharp rally in Energy stocks. Gains however remained capped amid signs of recession as (more…)

TODAY IN THE MARKET – FRI 03/22

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 03/25” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Mirroring global equity markets, the S&P 500 index plunged on signs of global economic recession, erasing entire week’s gain and falling back to the key 2800 level. Panicked investors flocked towards (more…)

TODAY IN THE MARKET – FRI 03/08

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…)