S&P 500 Daily Perspective for Thu 4 Jan 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, but the Volatility Outlook has been slowly and slightly deteriorating. This warrants caution in the near-term.

GDR Model Position

In light of underlying market strength, the GDR Model has a meaningful long position. The model is programmed not to overreact to any single adverse day in the market, but should the market start to deteriorate in a sustained manner then the long position would likely be trimmed, if not closed entirely.

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