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CAUTION
Caution indicates a
neutral stance on the stock market; stocks could be up one day down
the next.
Forecast was changed on October 14, 2011
Forecast was previously changed on August 4,
2011
Extended Forecast
Market Memo
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
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Saturday,
February 4, 2012, 12:02p ET
If this is a false indication, the BLI will revert
back to positive.
The Friday afternoon model run
changed the BLI- short term forecast- back to positive.
With follow-through Monday-Tuesday
we could be looking at a new leg up for stocks.
Market Outlook For Tomorrow
Trader handheld alert
Traders handheld device
info
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Barometer Chart:
market study
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POSITIVE
A positive
Barometer Leading
Indicator (BLI) suggests that a more sustainable positive U.S. stock market
is attainable if current roadblocks can be overcome; conditions could improve
if the Eurozone fear leaves the markets; models indicate a positive
outlook for the S&P 500 index for the short term.
Leading Indicator was change on February 3, 2012
Leading Indicator was previously changed on
February 2, 2012
Market Barometer
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.
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NEUTRAL
Neutral: Models indicate the stock market could move lower; likelihood of declines are
possible; market could continue to be mostly positive.
Bias was change on November 21, 2011
Forecast Bias was previously changed on October
11, 2011
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. |
