Tuesday, November 14, 2023

Market Prediction for 11/15/2023

 Today's prediction was correct and S&P500 is up by 1.91%.


Let's focus on tomorrow's market:

+ve(up) reasoning:

  1. S&P futures are up -ES00 | E-Mini S&P 500 Future Continuous Contract Overview | MarketWatch
  2. Dow futures are up - DWCF | Dow Jones U.S. Total Stock Market Index Overview | MarketWatch
  3. Oil price is down - Crude Oil Prices Today | OilPrice.com
-ve(down) reasoning:
  1.  interest rate is higher for longer.
  2. geo-political situation
  3. government shutdown.

Unknown: 
  1. Core PPI

As per technical, I am predicting that tomorrow's S&P500 will be +ve.


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