The SPX declined 15.24 points yesterday to close at 1219.24. TOT daily traders went 200% short on Friday and covered the short at SPX 1225 today.
The super long term perspective for the stock market remains bearish. However, both the long and short term models remain bullish.
The daily model begins the day neutral, but depending on how it trades in the first 1/2 hour, it could improve to bullish. If it does, I’ll inform subscribers by email at 10 am that there will be a special message recorded at 10:10 am. If there’s no special message, then no email will be sent. If you have not yet registered your email address with me, please do so by emailing me at email@example.com
Since initiation of this service on September 30, 1993, our daily trader recommendations have gained 6485.75 cumulative SPX points compared to a gain of 760.31 points in the index itself over the same period.
Have a great weekend, Thanks for calling, and I’ll speak with you either at 10:10 am today or at 3am on Monday.