The 1-day forecast is mildly neutral, while the 1-week forecast is just barely positive. The 1-mo forecast is still negative, but it’s drifting towards what I’d describe as mildly negative if recent history continues. I don’t currently have an S&P 500 model based position, and it appears unlikely that that will change tomorrow, unless conditions… Continue reading S&P 500 Forecast 2024-05-06
Author: bullbearduck.com
S&P 500 Forecast 2024-05-03
The 1-day and 1-wk forecasts are mildly negative while the 1-mo and 1-yr forecasts would be actionably negative, with complimentary shorter term forecasts. I’m waiting for a clearer forecast before opening any new positions. Invest at your own risk.
S&P 500 Forecast 2024-05-01, Before FOMC press conference
The 1-day and 1-week forecasts are mildly positive. The 1-mo and 1-yr forecasts are negative. The trading rules that I’m following don’t support taking a position today. If they had, I would have had to think long and hard about it, as it seems likely that the Fed’s press conference will move the market in… Continue reading S&P 500 Forecast 2024-05-01, Before FOMC press conference
S&P 500 Forecast 2024-04-29
The 1-day forecast is positive. The 1-wk, 1-mo, and 1-yr forecasts are all negative. I’m not willing to take a model based position without the 1-wk forecast agreeing with the 1-day forecast regarding direction. Unless the data changes substantially between today and tomorrow, I won’t entertain taking up a position tomorrow either. Invest at your… Continue reading S&P 500 Forecast 2024-04-29
S&P 500 Forecast 2024-04-26
1-Day forecast is positive. The 1-wk forecast is mildly negative. The 1-mo forecast is negative, as is the 1-yr forecast. I’m not invested today in the market strategy currently. Invest at your own risk.
S&P 500 Forecast 2024-04-25
The 1-day forecast is positive, but the 1-week forecast is mildly negative. Thus, I closed out my position at a leverage factor of 1 with a gain of +.80%. If conditions remain unchanged, I will not re-enter the market based on the strategy tracked here tomorrow. Invest at your own risk. As has steadily been… Continue reading S&P 500 Forecast 2024-04-25
S&P 500 Forecast 2024-04-24
The 1-day forecast is positive. The 1-week forecast is barely positive. The 1-month and 1-yr forecasts are negative. It’s likely that I will exit my existing position of being invested in the S&P500 at a factor of 1. The position stands now at +1.16%. Invest at your own risk.
S&P 500 Forecast 2024-04-23
The 1-day forecast is positive. The 1-week forecast is just barely positve. The 1-month and 1-year forecast is negative. Thus, I’m holding my openS&P 500 position with a leverage factor of (1). It’s up +1.09% since opening yesterday. Very minor changes to the market could trigger closing the position in the coming days. Invest at… Continue reading S&P 500 Forecast 2024-04-23
S&P 500 Forecast 2024-04-22
The 1-day and 1-week forecasts are positive, while the 1-month and 1-yr forecasts are negative. I’m entering a position in the S&P 500 with a leverage factor of (1). In layman’s terms I just purchased the S&P 500 index. If circumstances remain unchanged, I anticipate still holding the position tomorrow. Invest at your own risk.
S&P500 Forecast 2024-04-19
I just closed out my short position up +1.88%. The one-day forecast is only mildly negative, and the one-week forecast is now mildly positive. The one-month and one-year forecasts are still negative. Invest at your own risk.
