Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/08” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Intense selling for the second straight session amid growing uncertainty around U.S. – China trade talks sent the S&P 500 index tumbling to its one month-low. Escalating trade tensions sparked a sell-off across (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 05/07” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Trade tensions came back to the fore, sending the S&P 500 index tumbling at the open. In a sign of resilience, the index staged a strong rebound in the afternoon session bouncing off (more…)