S&P 500 Daily Perspective for Wed 22 Jan 2025

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 neutral to bullish. The recent indecision in the market seems to be nearly gone and the market looks to be turning bullish at this point.

Fundamentals Outlook (as of 17 Jun 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 rather than short-term market timing.

Long-Term Outlook (as of 17 Jan 2025): the market has continued to recover but not enough just yet for the long-term outlook to be upgraded to bullish. It seems headed that way though…

Short-Term Outlook (as of 21 Jan 2025): the market has consistently shown strength for several days on the short-timeframe.

Breadth Outlook (as of 21 Jan 2025): if breadth can remain bullish for a few days, the market will likely see a nice rally ahead.

Volatility Outlook (as of 21 Jan 2025): the volatility outlook is stable. If it continues to improve it could support a calmer market regime where price mostly goes up without many serious sell-offs.

GDR Model Position

The GDR Model is 3x long as the market has restrengthened and sustained that new strength for several days now.