Today, the daily forecast is neutral, while the weekly, monthly, and annual forecasts are negative. Tomorrow, the daily forecast is still neutral, but drifting quickly towards negative forecast territory. The remaining forecasts are projected to be negative. There is some chance of taking a position tomorrow, but I’m not anticipating it. Invest at your own… Continue reading Forecast 2024-01-16
Month: January 2024
Forecast 2024-01-12
Today, the daily forecast is positive while the weekly, monthly, and annual forecasts are negative. Tuesday’s forecast is similar except that the daily forecast is neutral. There’s no clear signal on when I will take my next position. Invest at your own risk.
Forecast 2024-01-11
Today, the daily forecast is neutral. The weekly, monthly, and annual forecasts are unchanged. Tomorrow, the expected forecast is largely unchanged; however, the daily forecast is expected to be positive. Given that I don’t invest when my daily and weekly forecasts are contradictory, I am still spectating. Invest at your own risk.
Forecast 2024-01-10
Today, the daily forecast is neutral. The weekly, monthly, and annual forecasts are negative. Tomorrow, the projected forecast is unchanged. I’m on the sidelines looking for when the forecasts signal a clearer opportunity.
Forecast 2024-01-09
For today and tentatively tomorrow, the daily forecast is neutral. The weekly, monthly, and annual forecasts are negative. Thus, I closed my existing position and am awaiting a new opportunity. Invest at your own risk.
Forecast 2024-01-08
Today, the daily, weekly, monthly, and annual forecasts are all negative, though the daily forecast is close to my indeterminant threshold. Tomorrow, the daily forecast weakens. If it comes to fruition, I anticipate closing my position against the market tomorrow.
Forecast 2024-01-04
Today and tomorrow, the daily, weekly, monthly, and annual forecasts are negative. Usually, I’d take a position against the market at a factor of (-3). However, tomorrow is the BLS’s monthly labor report release date. That’s likely to move the market by significantly more or less than my forecast, so I’m scaling back to (-1)… Continue reading Forecast 2024-01-04
Forecast 2024-01-03
Today and tomorrow: The daily, weekly, monthly, and annual forecasts are negative. Due to illness and paying attention to my day job, I didn’t take a position against the S&P500 at a factore of -3, as the model would suggest. I will likely do so tomorrow if the current forecast holds tomorrow, too. Invest at… Continue reading Forecast 2024-01-03
Forecast 2024-01-02
Today and tomorrow: The daily forecast is neutral. The weekly, monthly, and annual forecasts are negative. Since the daily forecast is not aligned with the weekly forecast, I am on the sidelines. Invest at your own risk. Models are imperfect.