S&P 500 Forecast 2024-05-30

The 1-day forecast is mildly negative, but not enough for further investment action. The 1-wk, 1-mo, and 1-yr forecasts are still negative. I closed out my open position, locking in a gain of +3.30%. I’m not sure when I will next open a position, but it’s probably not tomorrow. Invest at your own risk.

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S&P 500 Forecast 2024-05-29

All ranged forecasts are negative. My current position against the index with leverage factor of -3 stands at +2.72%. Invest at your own risk.

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S&P Forecast 2024-05-28

All ranged forecasts are still negative. Thus, I’m still in a position against the S&P 500 with a leverage factor of -3. Return since opening the position is +1.18%. Currently, I anticipate keeping the position open tomorrow, too. Invest at your own risk.

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S&P 500 Forecast 2024-05-23

All ranged forecasts are negative. I’m continuing to hold a position against the index with a leverage factor of -3. Since open, the position is up +2.86%. I anticipate keeping the position open tomorrow, too. Invest at your own risk.

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S&P 500 Forecast 2024-05-22

All ranged forecasts are negative. Thus, I’m sticking with my position against the index using a leverage factor of -3. Its current return since being opened stands at -.13%. I anticipate the position staying open tomorrow. Invest at your own risk.

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S&P Forecast 2024-05-21

All ranged forecasts are negative. I’m continuing to hold a position against the market with leverage of -3. I anticipate continuing to do so tomorrow. My current position has lost -.24% since being opened. Invest at your own risk.

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S&P 500 Forecast 2024-05-20

1-day, 1-wk, 1-mo, and 1-yr forecasts are all negative. If conditions hold, tomorrow’s forecast is likely to be similar. Thus, I closed my open position for a gain of +.10% and instead entered a position against the market with a leverage factor of -3. Invest at your own risk.

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S&P Forecast 2024-05-17

1-day forecast is negative. 1-wk and 1-mo forecasts are mildly negative. 1-yr forecast is negative. Action: Stay invested against the index at a leverage factor of -1. Open position return is +.18%. Invest at your own risk.

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S&P 500 Forecast 2024-05-16

1-Day forecast: negative, 1-wk forecast: mildly negative, 1-mo forecast: mildly negative, 1-yr forecast: negativeAction: I opened a position against the market (leverage factor of -1).Tomorrow: If conditions hold, I may keep a short position, but with more leverage.Invest at your own risk.

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S&P Forecast 2024-05-15

1-day forecast is negative. 1-wk forecast is mildly positive. 1-mo forecast is mildly negative. The 1-yr forecast is negative. Action: No position due to differing expectations for 1-day and 1-week forecast. If current conditions persist, a position against the S&P 500 might be supported by the model tomorrow. Invest at your own risk.

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