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Going Long on S&P Decline of 0.5% or More

The Stock Market Timing Calendar shows tomorrow's S&P 500 Index to be a modest down day; our 30 Factor Model remains solidly Bullish.

We sold half of our position in the S&P 500 Index after last Friday's strong job report. We are waiting for a pull back at least a half percent before considering adding that position back. Our Earnings Stock model indicates that tomorrow's stock increases out number stocks declining after earnings by almost 1.7-to-1.

Our Earnings Stock Model shows the following stocks will likely rise tomorrow on earnings release: PRU, WFM, CTL, GPRE, DNB, PSEC, TOT, KO, SCGLY, CMI, VIAB, TRI, K, OXY, KB, DTE. The following stocks will likely decline in price after tomorrow's earnings release: SU, CVS, MFC, RAI, TU, NHYDY.

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.


 
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