The SPX advanced 13.55 points yesterday to close at 1326.82. TOT daily traders went 300% long at SPX 1315 and have held the position overnight and into today.
The bond model remains neutral, and the gold model remains bearish.
The super long term perspective for the stock market remains bearish.
The long-term model (a six month perspective) remains neutral, and the short term model (a one month perspective) remains bearish.
The daily model is bullish today. TOT daily traders come into today’s session 300% long. Raise your stop to a 1315 breakeven. If not stopped out, carry your position over the 3 day weekend and into Tuesday.
Since initiation of this service on September 30, 1993, our daily trader recommendations have gained 6445.17 cumulative SPX points, compared to a gain of 867.89 points in the index itself over the same period.
Have a great weekend Thanks for calling, and I’ll speak with you again in 96 hours.