Today: Daily and weekly forecasts are neutral. Monthly and annual forecasts are negative.
Tomorrow: All forecasts are negative.
I’m currently in cash. Regarding tomorrow, I don’t have a special indicator for Thanksgiving week in my modeling. There is no denying that history suggests a very typical holiday boost for the tail end of this week. I intend to follow the model where it leads me, but I’ll probably dial back the leverage. I’m not willing to be hard against the market either Thanksgiving Eve or Black Friday, given my lack of effort to control for it. Invest at your own risk.