Caution indicates a
neutral stance on the stock market; stocks could be up one day down
Forecast was last changed on October 14, 2011
Forecast was previously changed on August 4,
The Market Barometer
Forecast is a product of the models that run at particular times of the day,
like pre-open, open, post open, etc. The Forecast can be positive,
caution, or negative.
S&P 500 chart
Market Outlook For Tomorrow
Indicator (BLI) suggests that a continued sustainable positive U.S. stock market
is attainable if current condition continue; models indicate a positive
outlook for the S&P 500 index for the short term; short term can
continue as long as the FOMC doesn't surprise, or global news overwhelms.
Leading Indicator was last changed on
October 28, 2014
Leading Indicator was previously changed on
September 22, 2014
Leading Indicator is a product of the models that run at particular times of
the day. midday, pre close, and post close are some of the scheduled
run times. The
Leading Indicator can be positive, neutral, or negative.
Neutral bias with a
means the stock market could still move lower; improving
conditions appear to be limiting the likelihood of further declines;
further declines cannot be ruled-out.
Bias was last change on August 18, 2014
Forecast Bias was previously changed on
August 5, 2014
The Forecast Bias is a product
of the models that can run at any time deemed necessary. Big news
event or political happening are times that models can and do run. The
Forecast Bias can be positive, neutral, or negative.
Remember!!! Forecasts are only
good for the fundamentals of the market; news can change the direction
of the market; forecasting cannot predict events with 100% certainty.|