Thursday, November 16, 2023

Market prediction for 11/17/2023

 Today's prediction was wrong. The S&P500 was up .12%.


Let's predict tomorrow's S&P500:

As s&p500 futures and dow futures are up, predicting tomorrow will be +ve day.

Noticed that oil price is going up though.


This is not a financial advice. 

Wednesday, November 15, 2023

Market prediction for 11/16/2023

 Today's prediction was correct and s&p500 is just positive. 


Even though Oil price is going down, s&p500 and dow futures are down.

I am sticking with futures direction, so my prediction is that market will be down tomorrow 11/16/2023

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.


Monday, November 13, 2023

Market prediction for tomorrow 11/14/2023

Today's prediction was wrong. S&P500 is slightly down today.


Reasoning for tomorrow:

+ve reasoning:

1. Today was slightly down,so tomorrow market might try to go up

2. S&P futures is up

- ve reasoning:

1.oil price up

2.dow futures down



Unknown:

CPI coming



Prediction for 11/14/2023 , my prediction for tomorrow's market is up and +ve

Sunday, November 12, 2023

Market Prediction for 11/13/2023

+ve(UP) reasoning:

  1.  Santa Rally may be
  2. Start of the week
  3. DOW futures are up - DWCF | Dow Jones U.S. Total Stock Market Index Overview | MarketWatch
  4. Oil price is down - Crude Oil Prices Today | OilPrice.com
-ve(Down) reasoning:
  1. S&P500 futures are down - S&P 500 E-Mini | Index Futures | Markets Insider (businessinsider.com)
  2. geo-political situation.
  3. Marco view on market.

Oil price is down, and DOW futures are up today, prediction a +ve market tomorrow (11/13/2023).

THIS IS NOT A FINANCIAL ADVICE. JUST FOR MY ANALSIS.


Saturday, November 11, 2023

Week review Nov-6th to Nov 11

 Yesterday's prediction was wrong. The S&P500 was surprisingly up on Friday (11/10/2023).


The week was good for the S&P500 and it was up 1.14%.




My Prediction summary from the week:


Date  Predictions Correct
    11/06/2023                     Yes 
    11/07/2023       Yes
    11/08/2023       Yes
    11/09/2023       Yes
    11/10/2023        No


Thursday, November 9, 2023

Market S&P500 prediction for 11/10/2023

 The prediction for today was correct and S&P500 was down 0.81%.


Let's reason for tomorrow's market:

+ve(UP) reasoning:

  1. S&P futures are up - ES00 | E-Mini S&P 500 Future Continuous Contract Overview | MarketWatch
  2. Santa Claus rally
  3. Might be oversold today.

-ve(Down) reasoning:
Unknown: 
  1. FED chairman speech on IMF
  2. Some companies earning - Earnings Calendar | Markets Insider (businessinsider.com)

With above the call is tough, but I am sticking with oil price as indicator and prediction tomorrow (11/10/2023) S&P500 will be down.

THIS IS NOT A FINANCIAL ADVICE. JUST FOR MY ANALYSIS.