Initial post from before the Fed’s rate cut:
I closed my S&P 500 position today. The 1-day forecast is marginally positive. The 1-week forecast and 1-month forecasts are marginally negative. The 1-year forecast is still negative.
Update from after Fed’s rate cut:
Today’s forecast is little changed, so I’m not taking a position before the trading day closes. Tomorrow’s forecasts appear to be more negative if markets between today and tomorrow are reasonably unchanged. Thus, I may go against the S&P 500 going into the weekend.