Crowd Forecast News Report #241
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 full report: TRReport050618.pdf
TimingResearch Crowd Forecast Prediction: 67% 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 from the survey was 58.1% Higher, and the Crowd Forecast Indicator prediction was 60% Chance Higher; the S&P500 closed 0.45% Lower for the week. This week’s majority sentiment from the survey is 57.5% Higher with a greater average confidence from those who responded Higher. Similar conditions have been observed 15 times in the previous 240 weeks, with the majority sentiment being correct 67% of the time, with an average S&P500 move of 0.79% Higher for the week. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting a 67% Chance that the S&P500 is going to move Higher this coming week.
You can download any past report here.
Join us for this week’s shows:
Crowd Forecast News Episode #181
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, May 7th, 2018
– 1PM ET (10AM PT)
Guests:
– John Thomas of MadHedgeFundTrader.com
– Steve Lentz of OptionVue.com
– Jim Kenney of OptionProfessor.com
Moderator:
– Rob Hanna of InvestiQuant.com
Analyze Your Trade Episode #33
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, May 8th, 2018
– 4:30PM ET (1:30PM PT)
Guests:
– Larry Gaines of PowerCycleTrading.com
– Steven Brooks of StevenBrooks.co
– Steven Place of InvestingWithOptions.com
Moderator:
– Dean Jenkins of FollowMeTrades.com
Partner Offer:
It looks like a little “fish hook” on the charts…
Whenever Jason Bond spots this weird pattern, he dips his line on the water. Most of the time, he reels in a profit.
