Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/15” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Optimism over a possible resolution of the long-drawn-out U.S. – China tariff spat following positive comments from both disputing side helped the S&P 500 index to partially erase Monday’s steep losses. Investors bought (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 05/14” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) China’s retaliatory move of raising tariffs on $60 billion worth of U.S. imports by as much as 25% sent the S&P 500 index tumbling in its worst day in 2019. Investors sold-off riskier (more…)

Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 05/13” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) A strong late session rebound helped the S&P 500 to snap a 4-day losing streak. Intense selling resumed in the early session after President Trump raised tariffs on $200 billion worth of Chinese (more…)