S&P 500 Daily Perspective for Fri 13 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
The GDR Model is mostly bullish as the market has regained most of its strength since last week’s sell-off.
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 is once again finding an opportune moment to boost its long position. Given the characteristics of the current market, the model is likely to continue making tactical adjustments like this one.
S&P 500 Futures Market Profile Chart
*** The Market Profile Chart is on a hiatus while I take a much needed vacation ***