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
Author: bullbearduck.com
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.
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.
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.
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.
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.
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.
S&P 500 Forecast 2024-06-03
The 1-day forecast is mildly positive, but not enough to justify a position. Plus, the 1-week forecast is mildly negative. The 1-mo and 1-yr forecasts are solidly negative. I’m intentionally on the sidelines waiting for a more clear cut forecast to invest. Invest at your own risk.
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.
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.
