I eliminated the leverage but am holding a position with the S&P 500. The 1-day ranged forecast is positive, while the 1-week and 1-month ranged forecasts are marginally positive. The 1-year ranged forecast is still negative.<\/p>\n\n\n\n
Odds are good that I will be active in the market tomorrow, as the Fed’s actions are likely to shift the interest rate environment meaningfully. Market participants are far from consensus regarding the size of tomorrow’s potential rate cut. I will likely evaluate the model twice tomorrow, once before the rate cut announcement to decide whether or not I dump my current position ahead of the announcement and once after the announcement to decide how I want to be positioned going into tomorrow.<\/p>\n","protected":false},"excerpt":{"rendered":"
I eliminated the leverage but am holding a position with the S&P 500. The 1-day ranged forecast is positive, while the 1-week and 1-month ranged forecasts are marginally positive. The 1-year ranged forecast is still negative. Odds are good that I will be active in the market tomorrow, as the Fed’s actions are likely to… Continue reading S&P 500 Forecast 2024-09-17<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-403","post","type-post","status-publish","format-standard","hentry","category-blog","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts\/403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/comments?post=403"}],"version-history":[{"count":2,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts\/403\/revisions"}],"predecessor-version":[{"id":405,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/posts\/403\/revisions\/405"}],"wp:attachment":[{"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/media?parent=403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/categories?post=403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bullbearduck.com\/index.php\/wp-json\/wp\/v2\/tags?post=403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}