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S&P 500 Forecast for Friday, May 14, 2021

Updated: Aug 8, 2022


90% (9 correct statements out of 10 statements.)

The theme of the day is a necessary and permanent change; the ending and beginning of the [cycle] AND/OR [trend]. The day's low forms in the pre market from [a gap down] AND/OR [a very significant decline]. At this time I am presented with an opportunity to open long positions. Right around the open there's a decline from a [crest] AND/OR [high] down to a support level. A sharp dip within a period of bullish market rotation transpires between the open and roughly 10:30 AM and reflects a rebalancing or consolidation. Between 10:00 AM and 11:00 AM unexpected failure creates a mixed sideways decline. Right around 11:30 [a low] AND/OR [trough] forms when investors buy the dip leading to wild swings with an overall increase and a breakout through resistance to reach an additional resistance level at which point the S&P pulls back due to buyer's remorse. Between 12:00 PM and 1:00 PM the buyer's remorse leads to a transition into bearish rotation that significantly increases in volatility as time passes. A [new way of thinking about a situation] AND/OR [policy change] is highlighted between the hours of 12 PM and 1:00 PM. Another day's [low] AND/OR [trough] forms between 1:00 PM and 2:00 PM when an extremely powerful move higher out of a decline transpires. Another [high] AND/OR [crest] forms between 1:00 PM and 3:00 PM with a transition into [price fluctuations] AND/OR [a notable temporary decline]. A female leader is highlighted in the last hour. The S&P 500 behavior in the last hour is a dip followed by a rebound back to roughly the same level from which it dropped. Right around the close an overbought crest leads to profit taking and the post market behavior is that of a [sharp dip] AND/OR [extreme price swings] within an already volatile market. Sign up free at the and read these daily predictions days in advance.

#MoonEntersCancer @9:30pm est.


Yankees COVID outbreak eight infections this week; U.S. April retail sales data
Import prices up 0.8% vs. up 0.5% est; U.S. April retail sales little changed
Averages still in big weekly hole worst since January for Dow, S&P 500; Mester: supply conditions will abate
All sectors down this week, smallest loss: consumer staples; Sahm & our three Americas
Worst S&P sectors this week: consumer discretionary, tech; Recovery optimism & inflation fears
(DIS), Disney shares slump streaming subs growth slows; Mester: FED policy 'in a good palce'
Capacity utilization 74.9% vs. 74.9% est; Biden: still more work ahead
(DASH), Doordash CEO: record growth across the board; Retail sales stall as data remains volatile
Gottlieb: masks will no longer be required by June
KC Southern deems revised CN bid superior, terminates CP deal; Stocks to watch at the open
(XOM), Exxon Mobil CEO on carbon capture & storage plans; Energy, tech shares lead at the open
Stocks up for 2nd day
Crypto rising Coinbase & Dogecoin rally
Future and the future defining the 'mask off' trade
Sterling best G10 performer this week
Natura CEO: focus on synergies between Natura and Avon
Darkside experiencing apparent retaliation; Slavitt: businesses will make their own decisions on mask guidance
Indyk: Hamas took advantage of current situation in Jerusalem
Top stocks to watch the halftime report
The commodity rally; America facing expensive reopening
Musk's crypto influence new tweet sends Dogecoin soaring
WTI crude on pace for third-straight weekly gain
Univ. of MI consumer sentiment 1-yr inflation outlook heats up; Rebranding strategy for Godiva
S&P 500 on track for best day since late-March; House GOP elects Rep. Stefanik to leadership
Disney+ miss on subs; Stocks up on day, down on the week
(TSLA), (MRNA), (ZM), (NVDA), Honda: chip shortage to hit 2021 earnings; SPX INdex
Goldman upgrades snowflake to buy; USGG10YR, Bonds climb today, down on week
(STX), (WDC), (CCL), Stocks close near session highs
Trading the tech rally Nasdaq's best day since March; XBT-USD, Crypto stocks rebound after $6.1B swoon
(M), Technical take on Macy's; NBC drops Golden Globes after diversity criticism
La Fete du Rose was founded in '19 by Donae Burston; Kaplan: seeing excesses in balances
CCI is up 8% in the past six months; Gas shortage caused by hack attack



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