Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here For the Results of the morning’s Trading Plans, please click here. THE GIST (“THE WHAT”) The S&P 500 index snapped a two-day losing streak (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. THE GIST (“THE WHAT”) The S&P 500 index snapped a strong 4-day winning streak and closed a choppy session slightly lower, albeit registering record (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan” will be posted around 9:00am EDT, every trading day. For the Outlook, Forecast, and Trading Plans published this morning, please click here. For the Results of the morning’s Trading Plans, please click here. THE GIST (“THE WHAT”) Investors continued to cheer a dovish shift in Fed (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/07” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The Fed-led rally extended into its third session. Struggling for direction and flirting with its 20 DMA (now at 2826.90) during the early hours, the S&P 500 index received a strong boost in (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 06/6” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Building on previous session’s Fed-led relief rally, the S&P 500 index extended gains to close decisively above the psychologically important 2800 level. Growing expectations that the Fed will support the economic expansion, (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 06/5” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Growing expectations that the Fed will rescue the economy from falling into recession gave the S&P 500 index a strong boost. The index rallied after the Fed Chairman Jerome Powell signaled at a (more…)
