Crowd Forecast News Report #219
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: TRReport120317.pdf
TimingResearch Crowd Forecast Prediction: 58% 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 69.6% Higher, and the Crowd Forecast Indicator prediction was 63% Chance Higher; the S&P500 closed 1.52% Higher for the week. This week’s majority sentiment is 64.0% Higher with a greater average confidence from those who responded Higher. Similar conditions have been observed 24 times in the previous 218 weeks, with the majority sentiment being correct 58% of the time, with an average S&P500 move for the week of 0.13% Higher during those weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 58% Chance Higher for this coming week.
You can download any past report here.
Join us for this week’s shows:
–
Crowd Forecast News Episode #164
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, December 4th, 2017
– 1PM ET (10AM PT)
Guests:
– Steve Lentz of OptionVue.com
– Larry Gaines of PowerCycleTrading.com
– Anka Metcalf of TradeOutLoud.com
Moderator:
– Rob Hanna of InvestiQuant.com
–
Analyze Your Trade Episode #14
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, December 5th, 2017
– 9PM ET (6PM PT)
Guests:
– Todd Mitchell of TradingConceptsInc.com
– Jim Kenney of OptionProfessor.com
– Jody Samuels of FXTradersEdge.com
Moderator:
– Dean Jenkins of FollowMeTrades.com
Partner Offer: