S&P 500 Forecast

Daily: Negative (right at the threshold to invest)
Weekly: Negative (~70% over threshold to invest)
Monthly: Marginally negative (slightly under threshold to invest)
Quarterly: Negative (~90% over threshold to invest)
Annually: Marginally negative (~60% under investment threshold

My reaction to these forecasts was to stay out of the market. Technically, my rules say to short this circumstance, but I prefer to be lazy and not trade given that the Daily forecast signal was a razor thin margin. If data holds, it looks likely that tomorrow’s forecast could call for shorting by less of a razor’s edge.

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