S&P 500 Daily Perspective for Thu 26 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 25 Mar 2026): BEARISH. Market conditions are at the most bearish state and the market into a meaningful sell-off.
Fundamentals Outlook (as of 25 Mar 2026): Fair Value/Rich. Today’s rally made fundamentals slightly less favorable so the model will tilt slightly less long at times.
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 25 Mar 2026): Bearish. Following a true back-and-forth between strength and weakness during the day, the short-term outlook closed strong and bears watching into the coming days.
Breadth Outlook (as of 25 Mar 2026): Bearish. Breadth is back down to bearish again and confirming the model’s overall bearish stance.
Volatility Outlook (as of 25 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…
