S&P 500 Daily Perspective for Mon 25 Nov 2024

GDR Model Performance

Please see the Performance page for more detailed performance numbers, how they’re calculated and a chart.

GDR Model Outlook

The GDR Model has found strength in the market over the last couple of trading days and is well on its way to being bullish again. The fact that the volatility outlook has been improving is certainly encouraging.

Note on the Fundamentals Outlook (as of 17 June 2024):

for the first time in a while the model showed stocks as being richly valued (i.e. overpriced). Note that this is just a barometer to help guide longer-term decision-making rather than short-term market timing.

GDR Model Position

The GDR Model is flat due to the recent near-term weakness in the market. However, if recent strength is sustained, the model is likely to open a new long position.