S&P 500 Daily Perspective for Mon 30 Sep 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 is mostly bullish as the market has regained most of its strength since the sell-offs from a few weeks ago.

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

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

GDR Model Position

Following the recent adjustment in the data that informs the fundamentals portion, the GDR Model has found increased odds of further upside and has increased its position accordingly.

S&P 500 Futures Market Profile Chart

*** The Market Profile Chart is on a hiatus while I take a much needed vacation ***