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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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.

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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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