S&P 500 Daily Perspective for Mon 9 Dec 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 has found consistent strength in the market over the last several trading days and is currently bullish. However, Friday’s market showed a bit of weakness in the short-term timeframe.

Note on the Fundamentals Outlook (as of 17 June 2024):

for the first time in a while the model showed stocks as being richly valued (i.e. overpriced). Note that this is just a barometer to help guide longer-term decision-making rather than short-term market timing.

GDR Model Position

Following decent strength in the market, the GDR Model is holding a sizable long position. It will be interesting to see how the market trades next weak given Friday’s (slight) weakness…