S&P 500 Daily Perspective for Tue 27 Feb 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 while price appreciation for the week was relatively impressive, the model did note weakeness coming into the market over the course of last week.
GDR Model Position
The GDR Model has recently reduced its long position due to weakness in the market, and this week’s rally did not show enough strength for the model to add back to it. Regardless, the model maintains a significant long position.