Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Friday, 05/10” will be posted around 8:30am EDT, Friday. THE GIST (“THE WHAT”) The S&P500 index closed lower for the fourth session in a row, albeit significantly off its day’s lows as price action continues to be driven by U.S. –China trade headlines. The index fell (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Thursday, 05/09” will be posted around 8:30am EDT, Thursday. THE GIST (“THE WHAT”) The S&P 500 index attempted to stabilize after two days of intense selling after President Trump accused China of backtracking on its promises, threatening China with a fresh round of tariffs as early (more…)