Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 06/07” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) Building on last week’s optimism, the S&P 500 index inched closer to all-time highs on reports that the U.S. and Mexico have agreed on a deal to avoid tariffs on Mexican imports. Gains, (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/30” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) Fears of an imminent recession were further stroked after the closely watched yield curve inverted deeper into negative territory, sparking a panic selling in equities across sectors. While retail stocks were the worst (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 05/29” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) Growing trade uncertainty and its impact on stock markets dampened investor sentiment after President Trump said over the weekend that he is not yet ready for a trade deal with China and China (more…)
