Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 04/26” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 struggled to break above the all-time highs, closing mostly flat at 2926.17, down only 1.08 points over previous session’s close. Today’s choppy price action was primarily driven by earnings hits (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/22” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) The S&P 500 index closed the holiday-shortened week with a slight gain as solid earnings out of major Industrials outweighed weakness in Energy and Financial stocks. A strong batch of economic data lifted (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 04/18” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Better-than-expected economic data out of China failed to boost confidence as investors remained focus on mixed earnings results posted by blue-chip companies. The S&P 500 index erased early session gains alongside a brutal (more…)