Category: S&P

S&P 500 Futures

Market Summary:

Copper support held then big rally.  Gold continues rally. Silver breaks above the bull flag, but can’t move beyond the upper median line.

Crude support fails.  Natural Gas finds resisitance at the uptrend median line parallel.

The US 30yr Treasury Bond in a move up off the 110 lows. The 10yr yields now around 4.50%.

The US Dollar is a long again.

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S&P 500 Futures   #ESH25

Monthly –Monthly bar contained within the Median line parallels from October 2022. Trade pressures remain up. Volumes closed the month of January as bullish.  The 6181 price remains the high. The next target up is 6633.  A close below 5870, would confirm a weekly move lower. The next target down would be 5523.

Weekly – The weekly has another lower close.  Trade pressures remain down. Volumes remain bullish. This weeks close has formed another lower high. A close below 5867 would confirm any daily move lower.

Daily – Flat. The previous short found support at the low 5900’s, then attempted a new move up which met the same resisitance at the downward trendline from the December 6181 high at 6067 on 1/31.
Trade pressures are down again to the neutral zone.  Volumes are now bullish.
Use this rally to short a move below 6030. The next target down is 5992.
A close above 6075 is also required to start a new move up.

The expected oversold level declines to 5977.
The expected overbought level declines to 6101.

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Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value rises to $116,000.
The Year-to-Date portfolio performance is  up 16%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper consolidating at the 4.27 support.  Gold rallies more, still above the OB levels. Silver breaks above the downtrend line from October.

Crude now at support.  Natural Gas breaks below the uptrend parallel.

The US 30yr Treasury Bond in a weak move up off lows. The 10yr yields still holding around the 4.60%.

The US Dollar is a long.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar contained within the Median line parallels from October 2022. Trade pressures remain up. Volumes closed the month of January as bullish.  The 6181 price remains the high. The next target up is 6633.  A close below 5870, would confirm a weekly move lower. The next target down would be 5523.

Weekly – The weekly has a lower close.  Trade pressures remain down. Volumes remain bullish. This weeks close has formed a “spinning top”, a sign of indecision, and a lower high. A close below 5845 would confirm any daily move lower.

Daily – Short. Failed move up has moved down below the trendline from the December 6181 high at 6067 on 1/31, the close below 6094 has signaled lower. Trade pressures are now down.  Volumes are now bearish.
Look for a rally above 6100 to short as price moves back down thru 6094. The next target down is 5932.
A close above 6094 is also required to start a new move up.

The expected oversold level rises to 5980.
The expected overbought level rises to 6159.

[2-2-25: Sunday Nite session. Gapped lower to 5941. Wait for a retracement.]

[2-4-25: Closed the gap caused by the Monday open down to the oversold level.]

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value drops at $112,000.
The Year-to-Date portfolio performance is  up 12%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper consolidating below the 200 day MA resistance.  Gold rallies, still above the OB levels. Silver rallies, but again stopped at the downtrend line from October.

Crude now a short.  Natural Gas testing the support of the uptrend parallel.

The US 30yr Treasury Bond moves up off lows and is now forming a Bull Flag. The 10yr yields holding around the 4.60%.

The US Dollar is a short.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar contained within the Median line parallels from October 2022. Trade pressures remain up. Volumes closed the month of December as bullish.  The 6181 price remains the high. The next target up is 6633.  A close below 5870, would confirm a weekly move lower. The next target down would be 5523.

Weekly – The weekly is tested those retracement lows and rallied from there.  Trade pressures remain down. Volumes remain bullish. The 5834 downside target was met  The close above the prior week’s high of 6051 signaled a new move up.

Daily – Long. Moved up thru the trendline from the December 6181 high at 6028 on 1/21, then the price extension entry at 6028, and confirmed by the upper Median Line parallel on 1/23. Trade pressures are now up.  Volumes remain bullish.
The next target up is 6171.

[Set the SL at 6097, the 2hr short entry.]

[1-26-25: Short from 6097, in the Sun nite session on China AI news. Set SL at BE, 6097.]

[1-27-25: Take profits on the short trade at 6020.]

The expected oversold level rises to 5891.
The expected overbought level rises to 6151.

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value rises at $113,000.
The Year-to-Date portfolio performance is  up 13%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper at the 200 day MA resistance.  Gold rallies but above the OB levels. Silver rallies, but stopped at the downtrend line from October.

Crude in retracement after (inflation) rally.  Natural Gas rally also in retracement.

The US 30yr Treasury Bond at target lows. The 10yr yields decline to 4.60%, near the now declining 4.82% overbought expectations.

The US Dollar is higher and at OB levels.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar trading inside the December bar. Trade pressures remain up. Volumes closed the month of December as bullish.  The 6181 price remains the high. The next target up is 6633.  The rally back above 5870, negates confirmation of the weekly move lower. The next target down is remains 5523.

Weekly – The weekly is testing those retracement lows.  Trade pressures remain down. Volumes are now bullish. The 5834 downside target was met  The close above the prior week’s high may presage a new move up.

Daily – Flat. The trendline from the 6181 high sets up a bull flag. Trade pressures are now up.  Volumes remain bullish.
In the move up from the 5809 low. The confirmation of the break above the December trendline signals a long entry at 6018. Then the next target up would be 6136.  Constrained by the OB/OS levels. Wait for a move to the OS to enter long.

The expected oversold level declines to 5828.
The expected overbought level declines to 6018.

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value rises at $110,000.
The Year-to-Date portfolio performance is  up 10%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper at the OB level.  Gold rallies but above the OB levels. Silver rallies also but also above the expected OB levels..

Crude breaks out of resistance line on jobs (inflation) numbers, also above OB.  Natural Gas rallies with the same inflation numbers.

The US 30yr Treasury Bond at target lows. The 10yr yields rise to 4.76%, near the rising 4.74% overbought expectations.

The US Dollar did back test the breakout and is now higher and at OB levels.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar closes lower. Trade pressures remain up. Volumes closed the month of December as bullish.  The 6181 price remains the high. The next target up is 6633.  The break below 5870, now confirms the weekly move lower. The next target down is 5523.

Weekly – The weekly is testing those retracement lows.  Trade pressures are down. Volumes remain bearish.  The 6181 upside target was met.  The close below 6040 has confirmed the daily move lower. The next target down is 5834 and was again almost met.

Daily – Flat. No follow thru of the prior Friday’s rally. Trade pressures remain down.  Volumes remain bearish.
The next target down remains 5809.
Need a close above the trend at 5916, with a trade pressure shift, signals higher. Then the next target up would be 6124.

The expected oversold level declines to 5850.
The expected overbought level declines to 6054.

[1-13-25: Long. Reached the 5809 downside target and rallied to 5917. Now Long from 5850. SL at 5830 raising to BE asap.]

[1-15-25: Near OB levels. Raise SL to 5965.][1-15-25: Noonish, and stopped out.]

 

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Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value rises at $104,000.
The Year-to-Date portfolio performance is  up 4%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper long re-entry at 4.07.  Gold rally fails. Silver in a sideways channel.

Crude breaks out but near OB.  Natural Gas down hard after the spike up.

The US 30yr Treasury Bond at target lows. The 10yr yields rise to 4.60%, near the 4.65% overbought expectations.

The US Dollar breaks higher still, needs to back test the breakout.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar closes higher. Trade pressures remain up. Volumes closed the month of December as bullish.  The 6181 price remains the high. The next target up is 6633.  A break below 5870, which has been touched, would confirm any weekly move lower. The next target down then would be 5523.

Weekly – The weekly has a small retracement.  Trade pressures remain up but declining. Volumes remain bearish.  The 6181 upside target was met.  The close below 6040 has confirmed the daily move lower. The next target down is 5834 and was almost met.

Daily – Flat. Down for the week but a rally on Friday helps the bulls. Trade pressures are now down.  Volumes are bearish.
The next target down remains 5809.
A close above the trendline at 5995, with a trade pressure shift, signals higher. Then the next target up would be 6134.

The expected oversold level declines to 5815.
The expected overbought level declines to 6074.

[1-6-25: opened up in the Monday premarket, long at 5996. SL 5987.]

[1-6-25 pm: raise SL to BE 5996.]

1-7-25: Stopped out for no gain.]

___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2025. 
The portfolio value rises at $103,000.
The Year-to-Date portfolio performance is  up 3%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper attempts higher, after retesting the 4.08 support.  Gold testing the broken support support. Silver moves up to test the 200 day MA, fails.

Crude needs to break out of the upper bound of the October channel.  Natural Gas still in the move up.

The US 30yr Treasury Bond at target lows. The 10yr yields rise to 4.62%, near the 4.70% overbought expectations.

The US Dollar still neutral.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar closes lower. Trade pressures remain up. Volumes closed the month of November as bullish.  The 6181 price was the high. The next target up is 6633.  A break below 5870 would confirm any weekly move lower. The next target down then would be 5523.

Weekly – The weekly has a small retracement.  Trade pressures remain up but declining. Volumes remain bearish.  The 6181 upside target was met.  The close below 6040 has confirmed the daily move lower. The next target down is 5834.

Daily – Short. After the drop through the short entry at 6030 price rises to back test the breakdown at 6085. Trade pressures are entering the neutral zone.  Volumes are neutral.
The next target down remains 5809.
A close above 6085 still signals higher and then the next target up would be 6330.

The expected oversold level rises to 5846.
The expected overbought level declines to 6145.

[re-enter the short on a move higher to the 6085 level.]
___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
Up 17% for the 2023 Year.
Up 42% for the 2024 Year.

Portfolio stock values for 2024. 
The portfolio value holds at $142,000.
The Year-to-Date portfolio performance is  up 42%.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper attempted higher, still retesting the 4.00 support.  Gold fails to hold support. Silver lower as well.

Crude at the upper bound of the October channel.  Natural Gas in a new move up.

The US 30yr Treasury Bond at target lows. The 10yr yields rise to 4.59%, near the 4.61% overbought expectations.

The US Dollar now neutral.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar closes lower. Trade pressures remain up. Volumes closed the month of November as bullish.  The 6161 price was the high. The next target up is 6602.  A break below 5870 would confirm any weekly move lower. The next target down then would be 5523.

Weekly – The weekly has a lower close.  Trade pressures remain up but declining. Volumes are bearish.  The 6127 upside target was met.  The close below 6040 has confirmed the daily move lower. The next target down is 5834.

Daily – Short. Sharp drop through the short entry at 6030. Trade pressures are up but declining sharply to the neutral zone.  Volumes are bearish.
The next target down is 5809.
A close above 6085 would signal higher and then the next target up would be 6330.
The expected oversold level declines to 5802.
The expected overbought level rises to 6153.

[set the SL to 6030.]

[12-24-24: stopped out at the short entry, 6030.]
___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
down 35% for the 2022 Year.
up 17% for the 2023 Year.

Portfolio stock values for 2024. 
The portfolio value declines to $142,000.
The Year-to-Date portfolio performance is  up 42%.

Guidewire Software (GWRE) will be replaced with Carpenter Technology (CRS) on the next business day.

[The author may be long or short any of these issues mentioned],

S&P 500 Futures

Market Summary:

Copper attempted higher, now retesting the 4.00 support.  Gold in retracement down, needs to hold support here. Silver triggers new long and fails.

Crude’s move down reverses.  Natural Gas held 3.00 support, rallies to the 200 day MA and retraces.

The US 30yr Treasury Bond falls back.

The US Dollar now a long. The 10yr yields rise to 4.37%, near the 4.35% overbought expectations.

_________________

S&P 500 Futures   #ESH25

Monthly –Monthly bar closes higher. Trade pressures remain up. Volumes closed the month of November as bullish.  The 6019 target was touched and did provide resistance, briefly. The next target up is 6602.  A break below 5844 would confirm any weekly move lower. The next target down then would be 5844.

Weekly – The weekly has a lower close.  Trade pressures remain up and rising. Volumes remain bullish.  The 6127 target has been met.  A close below 6040 would confirm any daily move lower.

Daily – Flat. Meeting resistance at the upper trendline, creating a lower high. Trade pressures are up but declining sharply to the neutral zone.  Volumes are bearish.
The next target down is 6030 and would be a short entry.
A close above 6139 would signal higher and then the next target up would be 6266.
The expected oversold level rises to 6006.
The expected overbought level declines to 6112.
___________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is marked to the market and is restarted at $100,000 for the 2024 year.

These Navellier Top 5 portfolio stocks closed:
down 35% for the 2022 Year.
up 17% for the 2023 Year.

Portfolio stock values for 2024. 
The portfolio value declines to $148,000.
The Year-to-Date portfolio performance is  up 48%.

[The author may be long or short any of these issues mentioned],