THIS WEEKS STOCKS TO WATCH: NVDA BJ COTY M URBN DY GES DLTR GPS BOX NCNO OLLI ---
Go to STOCKTWISTS and ask for G-101 SPM
OVERVIEW: G-101 SPM series A1.4 algorithm is a performance-driven platform to evaluate current and historical records; and structured as a digital monitoring surveillance tool to solve and deter misinformation while managing a database with 117 preset-criteria to offer "best guess" solutions. Its main engine is the Primary Volume Locator (PVL) which continuously tracks cash flows of the S&P 500 Index S&P 500 Index components to establish a directional control grid.
THE G-101 SCOREBOARD PERFORMANCE for the July period ending 07.31.23, 4:00 PM (EDT) tallied from 181 postings (opened and closed) and declares as follows: (1) All investment ideas suggested to conclusion, either longs or shorts, were correctly predicted 87.21 percent of the time versus 84.35 percent for the month of June 2023. (2) Investment ideas originally suggested, executed, and closed out within fifteen days or less were correctly predicted 89.06 percent of the time vs. 87.91 percent of for the month of June 2023. (3) Open stock positions (Long or Short) not closed out, and Options (Calls/Puts) had an unrealized value greater than the posted values on the commencement of the transactions and are included under #1. Review the corresponding Stocktwist postings to verify the results.
On Aug 02, 2023 10:38 AM we said, “S&P 500 Index 4530.... WHAT SHOULD HAPPEN. Based on the G-101 SPM AI algorithm the S&P 500 index must test three (3) levels before the upside can be reestablished: 4462, 4402, and 4357. At each level the index will consolidate and then work lower until 4357 is tested. The subjective probability of these events created a tag of +SPM 85.92, which means it is a 85.92% chance of these events occurring.
On Aug 18, 2023 6:51 AM S&P 500 Index FIRST LOOK: S&P futures are 4374.90 down 9.25. With the index compromises the only direction is down. Continue to use 4357 as implied support while showing 4400 as resistance. If you are following our algorithm the discomfort is manageable since declaring a 30% cash position on August 2rd saved your firing power. Yesterday afternoon selling looked consistent with the consolidation that has driven the price action so far this month. Another jump in market rates gave participants a reason to take more money off the table. The 10-yr note yield rose five basis points today to 4.31%, settling at its highest level since November 2007. Watch our SPM tags for the best answers.