S&P 500 Daily Perspective for Mon 21 Oct 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 bullish. The market is showing significant strength and volatility has been largely stifled, which helps even weak rallies survive for longer.

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

The GDR Model is carrying a meaningful long position as the market has continued to consistently show strength.