Crowd Forecast News Report #242
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: TRReport051318.pdf
TimingResearch Crowd Forecast Prediction: 69% 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 57.5% Higher, and the Crowd Forecast Indicator prediction was 67% Chance Higher; the S&P500 closed 0.45% Lower for the week. This week’s majority sentiment from the survey is 65.1% Higher with a greater average confidence from those who responded Higher. Similar conditions have been observed 16 times in the previous 241 weeks, with the majority sentiment being correct 69% of the time, with an average S&P500 move of 0.32% Higher for the week. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting a 69% 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 #182
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 14th, 2018
– 1PM ET (10AM PT)
Guests:
– Simon Klein of TradeSmart4x.com
– Jim Kenney of OptionProfessor.com
Moderator:
– Dave Landry of DaveLandry.com
Analyze Your Trade Episode #34
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 15th, 2018
– 4:30PM ET (1:30PM PT)
Guests:
– Jim Kenney of OptionProfessor.com
Moderator:
– Michael Filighera of LogicalSignals.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.
