S&P 500 Forecast 2024-06-24

The 1-day, 1-wk, 1-mo, and 1-yr ranged forecasts are all negative. Thus, I’m still invested against the index at a leverage factor of -3. Since the position was opened it has lost -1.8%. Obviously, invest at your own risk. I make no guarantees.

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S&P 500 Forecast 2024-06-21

The 1-day, 1-wk, 1-mo, and 1-yr forecasts are all negatived according to my modeling. Thus, I continue to hold a position against the S&P 500, leveraged at a factor of -3. The position is current down -1.87% since being opened. Definitely, invest at your own risk.

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S&P 500 Forecast 2024-06-20

1-day, 1-week, 1-mo, and 1-yr ranged forecasts are all negative. I continued to hold a position against the S&P 500 with a leverage factor of -3. It hasn’t been fruitful to date. Thus far, I’ve lost almost exactly 3% of my starting position. Definitely, invest at your own risk.

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S&P Forecast 2024-06-17

The 1-day forecasts is negative, but just under the magnitude to usually invest. The other ranged forecasts are more solidly negative. As the 1-day forecast is borderline and the forecast for tomorrow is expected to be more solidly negative if conditions hold, I am keeping my position against the S&P 500 with a leverage factor… Continue reading S&P Forecast 2024-06-17

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S&P 500 Forecast 2024-06-13

All ranged forecasts are negative. Thus, I’ve entered a position against the S&P 500 with a leverage factor of -3. If conditions tomorrow are similar to conditions today, I’m likely to keep the position open tomorrow. Invest at your own risk.

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S&P 500 Forecast 2024-06-12

The 1-day forecast it too mildly negative for me to be prepared to take a position for or against the market. The 1-week, 1-month, and 1-year forecasts are negative. If conditions continue as is, I may open a position against the market, tomorrow. Invest at your own risk.

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S&P 500 Forecast 2024-06-10

The 1-day forecast is positive while longer ranged forecasts are negative. Thus, I’m sitting in cash, waiting for a time that the 1-day forecast positively correlates with the 1-week forecast. Invest at your own risk.

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S&P 500 Forecast 2024-06-07

1-day forecast is positive while longer ranged forecasts are negative. Due to the mixed signals, I’m waiting for a better time to invest. Invest at your own risk.

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S&P 500 Forecast 2024-06-05

The daily forecast is mildly positive. The weekly forecast is negative. The monthly forecast is mildly negative. The annual forecast is negative. Thus, I’m sitting on the sidelines waiting for a better signal. Invest at your own risk.

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S&P 500 Forecast 2024-06-04

The 1-day forecast is mildly positive while other ranged forecasts are negative. Thus, I’m not actively taking a position for or against the market. Invest at your own risk.

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