Today: Daily and weekly models are positive. New monthly model is neutral. Annual model is bearish. Thus, long S&P 500 without leverage. Tomorrow: Daily and weekly modelas are positive. Monthly model is neutral. Annual model is bearish. Not anticipating trading changes tomorrow.Open position performance +.6%As always invest at your own risk.
Short-term forecast 2023-10-27
Today: Positive forecasts with the weekly forecast considerably stronger than the daily forecast. Monday: More positive forecast than today.I opened a position to go long S&P 500, but without leverage, as I’m still forecasting a bearish result for 12 months out. Technically, I should have opened this position yesterday and lost a modest amount of… Continue reading Short-term forecast 2023-10-27
Active Trading Is Dangerous
While I do believe it’s possible to beat the market long-term, most people who try fail. To use the language of my wife’s family, most of us aren’t “special bunnies” when it comes to unearthing great, new trading schemes. If you’re going to beat the market consistently (aka Warren Buffet and whomever else you want… Continue reading Active Trading Is Dangerous
Short-term forecast 2023-10-26
Today: Positive forecasts, but I wasn’t able to run the model and trade during market hours. If I had, I would have gone long the S&P 500 without leverage, because my annual model predicts a bearish long-term forecast. Tomorrow: Positive forecasts. Invest at your own risk.
Short-Term Forecast 2023-10-25
Sorry for the gap in posts. Technical difficulties with the website, but it’s back up now. Today: Neutral forecast. Daily forecast is weakly negative. Weekly forecast is weakly positive. I closed out my short position up 1.46% since opening it two trading days ago.Tomorrow: Currently a neutral forecast, but it’s on the cusp of being… Continue reading Short-Term Forecast 2023-10-25
Short-term forecast 2023-10-23
Today: Daily and weekly forecasts are weak enough to go back to short. The annual forecast is still bearish enough for me to include leverage. Tomorrow: Anticipating similar forecasts, which would mean holding on to short positions opened today. Sorry that I didn’t get this out before the end of the trading day. I do… Continue reading Short-term forecast 2023-10-23
Short-term forecast 2023-10-20
Today: While both the daily and weekly forecasts are negative, the weekly forecast is no longer strong enough for me to stay short. Taking my ball and going home (up 9.43% over 3 days). Monday: Both the daily and weekly forecasts are currently negative enough for me to entertain investing. I may be back in… Continue reading Short-term forecast 2023-10-20
Short-term forecast 2023-10-19
Today: Both daily and weekly indicators are negative enough to be short. Leveraging based on bearish annual forecast. Tomorrow: Ditto. Current position: Up 6.21%. Invest at your own risk.
Short-term forecast 2023-10-18
Today: Both the daily and weekly forecast support being short the S&P 500. Tomorrow’s forecast suggests more of the same. Thus, I’m continuing to short the market with leverage. I’m currently up 3.17% on this recent position. Invest at your own risk.
Short-term forecast 2023-10-16
Today: forecasts are both down, but the daily forecast isn’t down enough to react. Tomorrow: Both forecasts are currently looking down. Thus, I will be planning to short the S&P 500 with leverage (because the long-term forecast) is also pointed considerably downwards. As always, invest at your own risk.