S&P 500 Daily Forecast for Tuesday, April 21, 2020

1 min read

*******$1,424.37 One Day Profit

*******40% Accuracy. (2 out of 5 statements correct.) and I still made a 125% profit over-night.

Day's Theme - Gap down at the open. Saying "yes" to new opportunities. Buying. Stocks jump, possibly related to earnings being better than expected. I nailed the gap down and took a profit at the open. Sentiment was that as bad as earnings were, they were still better than what was expected.

1-Day High - will form between 11am est. and 1pm est.. Significant decline off of the high. The high landed just outside the predicted window of time. There was a significant decline off the high.

1-Day Low - will form between 2pm est. and the post-market and marks a short-term bottom. I was just plane wrong. It happens, my friends.

Executed Trades: Sold put at the open for a 125% profit from an overnight trade.

****Original Post

Day's Theme - Gap down at the open. Saying "yes" to new opportunities. Buying. Stocks jump, possibly related to earnings being better than expected.

1-Day High - will form between 11am est. and 1pm est.. Significant decline off of the high.

1-Day Low - will form between 2pm est. and the post-market and marks a short-term bottom.

Planned Trades: TBD.