Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 06/4” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) The S&P 500 index struggled for direction amid intensifying trade tensions and renewed concerns of regulatory and political risks on big tech giants. Broad-based sell-off in tech-heavy sectors negated a strong rebound in (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 06/3” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) The S&P 500 index’s attempt to regain lost ground was negated after President Trump fueled trade uncertainty by threatening to slap tariffs on all Mexican goods, sending the index to March 11 lows. (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/31” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P 500 index struggled for direction but managed to rebound from a 12-week low, albeit with a choppy price action that was confined within key technical levels of 100 DMA and 200 (more…)