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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: TRReport040818.pdf
TimingResearch Crowd Forecast Prediction: 53% 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 69.8% Higher, and the Crowd Forecast Indicator prediction was 65% Chance Lower; the S&P500 closed 1.10% Lower for the week. This week’s majority sentiment from the survey is 54.7% Higher with a greater average confidence from those who responded Lower. Similar conditions have been observed 15 times in the previous 236 weeks, with the majority sentiment being correct 53% of the time, with an average S&P500 move for the week of 0.22% Lower (this is one of those unusual circumstances where the similar historical conditions ended more frequently Higher but the overall average move of all those weeks was Lower). Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 53% Chance Higher for this coming week.
You can download any past report here.
Join us for this week’s shows:
Crowd Forecast News Episode #177
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, April 9th, 2018
– 1PM ET (10AM PT)
Guests:
– Anka Metcalf of TradeOutLoud.com
– Jim Kenney of OptionProfessor.com
Moderator:
– E. Matthew “Whiz” Buckley of TopGunOptions.com
Click here to find out more!
Analyze Your Trade Episode #30
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, April 10th, 2018
– 4:30PM ET (1:30PM PT)
Guests:
– Larry Gaines of PowerCycleTrading.com
– Oliver Schmalholz of NewsQuantified.com
Moderator:
– Dean Jenkins of FollowMeTrades.com
Click here to find out more!
Partner Offer:
Join us for the online-only Wealth365 Summit April 9th-14th where you’ll be exposed to more speakers, new topics and $100,000 worth of free prizes and giveaways from top financial thought leaders.
Click HERE to register for FREE!
