S&P 500 Daily Perspective for Thu 26 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 is back to neutral. The market has strengthened over the last few days on the Short-Term timeframe, and the Breadth and Volatility Outlooks. The model seems to be well on the way to returning to bullish.

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

The GDR Model is keeping its modest short position. However, if the market continues to strengthen as it has, the model will likely close the short soon and open a long position again.