Crowd Forecast News Week #216 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: TRReport111217.pdf
TimingResearch Crowd Forecast Prediction: 55% Chance Lower
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 63.3% Higher, and the Crowd Forecast Indicator prediction was 52% Chance Lower; the S&P500 closed 0.20% Lower for the week. This week’s majority sentiment is 51.2% Higher with a greater average confidence from those who responded Lower. Similar conditions have been observed 22 times in the previous 215 weeks, with the majority sentiment being correct 45% of the time, with an average S&P500 move for the week of 0.14% Lower during those weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 55% Chance Lower for this coming week.
You can download any past report here.
Join us for this week’s shows:
Crowd Forecast News Episode #161
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, November 13th, 2017
– 1PM ET (10AM PT)
Guests:
– John Thomas of MadHedgeFundTrader.com
– Neil Batho of TraderReview.net
– Christian Fromhertz of TribecaTradeGroup.com
Moderator:
– Dean Jenkins of FollowMeTrades.com
Analyze Your Trade Episode #11
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, November 14th, 2017
– 9PM ET (6PM PT)
Guests:
– Todd Mitchell of TradingConceptsInc.com (first time guest!)
– Stefanie Kammerman of TheStockWhisperer.com
– TBA
Moderator:
– Dave Landry of DaveLandry.com
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