Sorry for no post yesterday. Work got hectic.Today and yesterday the daily forecast is neutral while other forecasts are negative. Thus, I exited my open position (at a significant loss ~10%). Definitely, invest at your own risk. Tomorrow, I suspect the forecast will suggest staying out of the market, too.
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Forecast 2024-01-22
Today, the daily, weekly, monthly, and annual forecasts are all negative. Expectations for tomorrow are that the daily forecast will shift to neutral. In which case, I will exit my current position against the S&P 500 at a loss, barring some significant changes between today and tomorrow. I’m not remotely guaranteeing that to come to… Continue reading Forecast 2024-01-22
Forecast 2024-01-19
Today’s daily, weekly, monthly, and annual forecasts are negative. Thus, I’m still invested against the return of the S&P 500 at a factor of -3. Monday’s forecast expectations are similar. Invest at your own risk. For example, I had a significant loss today.
Forecast 2024-01-18
Today, the daily, weekly, monthly, and annual forecasts are negative. The projected forecasts for tomorrow are also negative. I’m holding a position seeking the return of the S&P 500 index * (-3). Today wasn’t a good day. Invest at your own risk.
Forecast 2024-01-17
Today, the daily, weekly, monthly, and annual forecasts are all negative. Thus, I’m opening a position seeking the return of the S&P 500 at a factor of -3. Tomorrow, the forecasts are projected to stay the same. Invest at your own risk.
Forecast 2024-01-16
Today, the daily forecast is neutral, while the weekly, monthly, and annual forecasts are negative. Tomorrow, the daily forecast is still neutral, but drifting quickly towards negative forecast territory. The remaining forecasts are projected to be negative. There is some chance of taking a position tomorrow, but I’m not anticipating it. Invest at your own… Continue reading Forecast 2024-01-16
Forecast 2024-01-12
Today, the daily forecast is positive while the weekly, monthly, and annual forecasts are negative. Tuesday’s forecast is similar except that the daily forecast is neutral. There’s no clear signal on when I will take my next position. Invest at your own risk.
Forecast 2024-01-11
Today, the daily forecast is neutral. The weekly, monthly, and annual forecasts are unchanged. Tomorrow, the expected forecast is largely unchanged; however, the daily forecast is expected to be positive. Given that I don’t invest when my daily and weekly forecasts are contradictory, I am still spectating. Invest at your own risk.
Forecast 2024-01-10
Today, the daily forecast is neutral. The weekly, monthly, and annual forecasts are negative. Tomorrow, the projected forecast is unchanged. I’m on the sidelines looking for when the forecasts signal a clearer opportunity.
Forecast 2024-01-09
For today and tentatively tomorrow, the daily forecast is neutral. The weekly, monthly, and annual forecasts are negative. Thus, I closed my existing position and am awaiting a new opportunity. Invest at your own risk.
