S&P 500 Daily Perspective for Tue 10 Sep 2024

GDR Model Performance

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

GDR Model Outlook

Even though the market has weakened, the GDR Model is still mostly bullish. Time will tell whether the recent weakness is temporary or persistent.

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 detected some weakness creeping into the market at the end of last week, but still not enough to reduce its long position further… At least not yet.

S&P 500 Futures Market Profile Chart

*** The Market Profile Chart is on a hiatus while I take a much needed vacation ***