Archive for April 27th, 2012

Short-term Forecast for April 27, 2012

| April 27, 2012

S&P 500 Index Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the S&P 500 index. For intermediate-term outlooks see the latest intermediate-term forecast and for long-term outlooks see the latest long-term forecast. Technical Analysis The index closed slightly higher today, holding below previous highs of the rally from October 2011. […]

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Pattern of Expectation Misses Continues with Durable Goods Orders

| April 27, 2012

In early March, we noted that the economy was entering a window during which we expected coincident data to begin missing consensus expectations. Since then, key data related to broad economic activity and employment have done just that. Granted, the misses have been slight to moderate in magnitude, but this is precisely how an economic […]

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