Category: Blog

I’m not in a position with or against the S&P 500 based on my model forecasting because the 1-day ranged forecast is marginally positive, while the 1-week, 1-month, and 1-year ranged forecasts are negative.

The magnitude of both the 1-day and 1-week ranged forecasts are too weak to take a position for or against the S&P 500. The 1-week and 1-year ranged forecasts are negative.

I don’t have an S&P 500 position as the 1-day ranged forecast is only marginally negative. The 1-week, 1-month, and 1-year ranged forecasts are all negative. Based on current data, I will still be out tomorrow, but I expect that the BLS jobs report could move forecasts considerably.

I closed out my position against the S&P 500 today for a cumulative return of 5.8%. The 1-day forecast is now only marginally negative. The 1-week, 1-month, and 1-year ranged forecasts are still negative. If current conditions persist, I’ll stay out of any positions tomorrow, too.

I’m in a position against the S&P 500 with a leverage of -3. The 1-day, 1-week, 1-month, and 1-year ranged forecasts are all negative according based on my modeling. Current data suggest that I will leave this position open tomorrow.

I am in a position against the S&P 500 using a leverage factor of -3. The 1-day, 1-week, 1-month, and 1-yr ranged forecasts are all negative.

I’m not in a position with or against the S&P 500 currently. The 1-day and 1-wk ranged forecasts are both negative, but barely over my thresholds for typically taking a position. With Nvidia releasing earnings this evening, I’d prefer to have a clearer signal. The 1-month and 1-yr ranged forecasts are both negative, and I’m… Continue reading S&P 500 Forecast 2024-08-28

Since the 1-day forecast is negative while the 1-week forecast is positive, I’m not in a position long or short the S&P 500. The 1-mo and 1-yr forecasts are negative. (Thus, a negative 1-week forecast would cause me to entertain a -3 leverage factor, but it’s not.)

I’m positioned in cash rather than for or against the S&P 500,as the 1-day forecast is marginally negative while the 1-week forecast is positive. The 1-month and 1-year forecasts are both negative. (Longer forecasts influence my use of leverage, not whether I’m long, out, or short.)

I exited my S&P 500 position today. The 1-day forecast is positive, but just over my threshold, with the expectation of dipping below it tomorrow. The 1-week forecast is positive. The 1-month and 1-year forecasts are negative.