Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 06/18” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) A quite session ahead of the key monetary policy announcement by the Federal Reserve lifted the S&P 500 index to close slightly higher following a narrow, choppy price action. Strong gains in (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 06/17” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Intense selling of semiconductor stocks weighed down heavily on the S&P 500 as concerns of weakening demand for technology products was once again revived after Broadcom Inc. missed revenue estimates and lowered (more…)