How did the Market Mood Model do this past week?
Day Posted Forecast Actual S&P Hypothetical P/L in S&P points
9/30 Sharply down to unchanged -0.6% 10.2
10/1 Slightly down +0.8% -13.5
10/2 Down and volatile -0.1% 1.3
10/3 Unchanged to down sharply -1.0% 16.5
10/4 Unchanged to down sharply +0.7% -11.9
Total for the week: -0.2% or -2.6 pts +2.6 pts
Each forecast this week was down. The S&P was down 3 days and up two. S&P was nearly unchanged at -2.6 points. The posted forecasts yielded a 2.6 point win.
Looking at the midpoint of the model's forecast range vs. the actual stock market for the week:
Day Posted Forecast Actual S&P Hypothetical P/L in S&P points
9/30 Sharply down to unchanged -0.6% 10.2
10/1 Slightly down +0.8% -13.5
10/2 Down and volatile -0.1% 1.3
10/3 Unchanged to down sharply -1.0% 16.5
10/4 Unchanged to down sharply +0.7% -11.9
Total for the week: -0.2% or -2.6 pts +2.6 pts
Each forecast this week was down. The S&P was down 3 days and up two. S&P was nearly unchanged at -2.6 points. The posted forecasts yielded a 2.6 point win.
Looking at the midpoint of the model's forecast range vs. the actual stock market for the week:
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