Crowd Forecast News Week #213 Report
The new TimingResearch report for the week has been posted, click on the link below to view the full report including the update on sentiment numbers.
Click here to download the report: TRReport102217.pdf
TimingResearch Crowd Forecast Prediction: 62% Chance Higher
This indicator prediction is an attempt by the editor of this newsletter to use the full 4+ year history of data collected from this project to forecast a probability estimate for whether this week’s sentiment is going to be correct and ultimately what the markets will do this coming week.
Details: Last week’s majority sentiment was 53.8% Higher, and the Crowd Forecast Indicator prediction was 59% Chance Higher; the S&P500 closed 0.77% Higher for the week. This week’s majority sentiment is 61.0% Higher with a greater average confidence from those who responded Higher. Similar conditions have been observed 52 times in the previous 212 weeks, with the majority sentiment being correct 62% of the time, with an average S&P500 move for the week of 0.29% Higher during those weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 62% Chance Higher for this coming week.
You can download any past report here.
Join us for this week’s shows:
Crowd Forecast News Episode #158
This week’s show will feature a discussion with the trading experts listed below about the most recent TimingResearch Crowd Forecast Newsletter report, where they think the S&P500 is headed, what they are watching for in the markets currently, and their best trading idea.
Date and Time:
– Monday, October 23rd, 2017
– 1PM ET (10AM PT)
Guests:
– Dan Passarelli of MarketTakerMentoring.com (first time guest!)
– Rob Hoffman of BecomeABetterTrader.com (first time guest!)
– Rick Saddler of HitAndRunCandlesticks.com
Moderator:
– Dave Landry of DaveLandry.com
Analyze Your Trade Episode #9
When you register, you will be prompted to list the top 5 stocks that you are interested in trading. We will list the top 5 from all registrants and our experts will be prepared to offer their opinions on these trades.
Date and Time:
– Tuesday, October 24th, 2017
– 9PM ET (6PM PT)
Guests:
– Fausto Pugliese of CyberTradingUniversity.com
– Jim Kenney of OptionProfessor.com
– Kurt Capra of T3Live.com
Moderator:
– E. Matthew “Whiz” Buckley of TopGunOptions.com