Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 05/06” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) The S&P 500 index rebounded from a Fed-led decline as investors cheered a stronger-than-expected U.S. jobs report for the month of April. A slew of robust earnings further fueled the day’s gains. Rising (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/03” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Intense selling in Energy stocks extended for the second session in a row alongside plunging oil prices, dragging the S&P 500 index lower. The index, however, recouped some of the day’s losses to (more…)

  Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/02” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index pulled back from fresh new intraday highs to close sharply lower after the Federal Reserve Chairman Jerome Powell reiterated the central bank’s patient approach to monetary policy, further (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/01” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) The S&P 500 index managed to eke out slight gains to close at fresh all-time high for the third consecutive session as strong gains in defensive sectors helped offset major declines in Communication (more…)