Continued Whipsaw Action Forecast – Day 3! The busiest earnings week of the season has started off yesterday, Monday 10/22, with no positive momentum. The growing geopolitical tension around the Saudi journalist Khashoggi’s killing and the trickling impact on the key Saudi investor conference seems to be denting the investor sentiment. The S&P 500 (more…)
S&P 500 OUTLOOK for TUE 10/23
Continued Whipsaw Action Forecast In the Markets! The busiest earnings week of the season has started off yesterday, Monday 10/22, with no positive momentum. The growing geopolitical tension around the Saudi journalist Khashoggi’s killing and the trickling impact on the key Saudi investor conference seems to be denting the investor sentiment. The S&P 500 (more…)
S&P 500 OUTLOOK for MON 10/22
How Much did the S&P 500 Index Move Last Week? +0.65 points!! Despite the headline grabbing market moves throughout last week, the S&P 500 Index moved just +0.65 points all of last week – from the close at 2767.13 on Friday, 10/12 to the close at 2767.78 on Friday, 10/19! This is in spite of (more…)
S&P 500 OUTLOOK for FRIDAY 10/19
So Much Noise and No Real Movement In the Markets?! Stay Patient and Stay Safe In this Whipsaw Trading Environment! Despite the headline grabbing market moves all this week, the S&P 500 Index closed yesterday – Thursday, 10/18 – just where it closed last Friday! To be exact, the index closed last Friday at 2767.13, (more…)
S&P 500 OUTLOOK for THU 10/18
Yesterday’s price action in S&P 500 tested both the upper and lower trading levels indicated by our models’ forecast – published before the markets’ open. The index registered the day’s low under 2 points away from our medium-term model’s lower bound and the day’s high was registered under 1 point above the level indicated by (more…)
S&P 500 OUTLOOK for WED 10/17
Do NOT Turn Complacent with The Recent Big Wins! Our S&P 500 Forecast trading plans published before the markets opened on Monday, 10/15 stated: “models are sporting caution to the bears regarding a potential corrective spike up in a whipsaw manner” (click here to read the full report and/or to verify this claim). This has come (more…)