End-of-Month Trade Setup

The Stock Market Timing Calendar shows Tuesday's S&P 500 Index to be a big down day; our 30 Factor Model remains BULLISH.

The S&P 500 Index is down 1% on a gap down and an island reversal down. Transports are sharply down even though crude prices are up-very bearish. We remain LONG because this is a news trade from fears about Trump's immigration policies. Also, the current weakness makes for a good End-of-Month trade: buy when the S&P 500 Index falls below its simple 10 day moving average by month-end, cover on strength the following week. Third, the downturn is on weak volume. Fourth, the decline in the Banking index shows an ordinary gap that will likely be filled. Fifth, earnings pick up again starting tomorrow and are expected to be good.

Our Earnings Stock Model shows the following stocks will likely rise tomorrow on earnings release: XOM, ABC, UPS, S, CNHI, MAN, NMR. The following stocks will likely decline in price after tomorrow's earnings release: VLO, AET, HCA, DHR, LLY, NUE, IBN, MA.

Check our webpage at: www.stockmarketperformancecalendar.com to see if the 30 factor model has changed its position. Add your email to our website to get our model results free daily for one year.

None of our models indications are recommendations. The 30 Factor Model historically has been right 57% of the time and the Earnings Stock Model right 67%. All of our models are based on historical data. The Calendar is still in beta. Past performance is no indication of future performance.