S&P 500 Daily Perspective for Fri 27 Mar 2026

GDR Model Performance

Please see the Performance page for more detailed performance numbers, how they’re calculated, and a chart.

For the fine print (a.k.a. the lawyer-approved stuff), don’t miss the Disclaimers section—it’s where all the “officially important” bits live!

GDR Model Outlook

Overall Outlook (as of 26 Mar 2026): BEARISH. Market conditions are at the most bearish state and the market into a meaningful sell-off.

Fundamentals Outlook (as of 26 Mar 2026): Fair Value. Today’s sell-off made fundamentals slightly more favorable so the model will tilt slightly more long when opportune.

Long-Term Outlook (as of 20 Mar 2026): Bearish. The market showed weakness at the end of the week again. The long-term outlook is downgraded to bearish.

Short-Term Outlook (as of 26 Mar 2026): Bearish. The market opened weak, and kept weakening after a brief challenge following the open. Still well into bearish territory.

Breadth Outlook (as of 26 Mar 2026): Bearish. Breadth is bearish and confirming the model’s overall bearish stance.

Volatility Outlook (as of 26 Mar 2026): Volatile. Volatility is at volatile, which is the worst reading. Continue expecting wide ranges whether that comes in the form of bigger sell-offs or nasty short-covering rallies.

GDR Model Position

The GDR model’s read of the current market has continued to deteriorate. As such, the model is carrying a short position. Let’s see if we finally get followthrough for once this year…