S&P 500 Daily Perspective for Tue 10 Dec 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 consistent strength in the market over the last several trading days and is currently bullish. However, the market has shown a bit of weakness in the short-term timeframe over the last two days.

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

This time around two consecutive days of weakness were enough for the GDR Model to close its long position. Of course if this is just feeling and strength returns to the market relatively quickly, the model will reopen its long position.