Caution indicates a
neutral stance for the stock market, long term; stocks could be up one day, down
the next; corrections and rallies can be expected.
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 suggests that a more negative turn in the U.S. stock market
occurring; support/ resistance levels are being tested with negative
results; conditions continue to weaken causing the model data
to degrade; the short term forecast is negative.
Leading Indicator was last changed on
September 1, 2015
Leading Indicator was previously changed on
March 4, 2015
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: Models indicate the stock market could still move lower;
conditions have been degrading; likelihood of further declines are
possible; market regaining positive momentum 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.|