Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 03/20” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) The S&P 500 index closed today’s wild session mostly unchanged ahead of the highly-awaited FOMC policy statement release tomorrow. Gapping higher at the open, the index gave up most of the (more…)
TODAY IN THE MARKET – MON 03/18
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 03/19” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Building up on last week’s solid gains, the S&P 500 index rallied on the back of a jump in energy, banking and retail stocks to close at a five-month high. Gains, (more…)