D’ron Forbes say S&P 500 is Near Resistance Called in November Outlook

Has a new quant king been crowned in 2022?

New York, Nov. 14, 2022


Division One Finance

After calling the drop in Apple, Tesla, Amazon, AMD and many other names months ahead of time, D’ron Forbes is now using his intuitive gifts as the host of Total Return with Division One Finance. Forbes is know is recognized as having quantitative gifts not seen since Jim Simons and Renaissance Technologies came to the markets.

During the peak of the pandemic Forbes launched his company Division One Finance and started a Stock Market Academy. It was immediately recognized as one of the most intellectually stimulating places to learn finance, earning mentions in Bloomberg and Hastag Investing among other credible sources. Forbes taught the art of stock analysis and portfolio construction, helping his thousands of followers find success and challenge the financial institution.

Now, Forbes is generating buzz in a totally different way. Providing insight on the market through his social network. This may seem like nothing much to be excited about, but Forbes has earned a reputation as an individual to follow and pay attention to for reasons that spark massive interest. His analysis is on point point and almost always come to fruition.

He reminded his 8K Twitter followers of that in an early morning tweet:

“Everything I spoke about in the November outlook has happened so far. $SPX is near resistance at $4,078. Now we will see what impact this week’s Empire State Manufacturing, Retail Sales and Housing Starts reports will have in the market.”

Check out the November Outlook Here:

The podcast episode be is speaking about is the November Outlook for the S&P 500 released on the first of the month. As usual what he’s spoken about in this latest podcast has been revealed as relevant thought that guides investors through all possible scenarios.

It’s safe to say there may potentially be another Quant King crowned beyond 2022. There’s no doubt what Jim Simons achieved was beyond miraculous, but who’s up next? As a value investor Forbes has managed to develop strategies that have exceeded the returns of Warren Buffett. Now he has his eyes set on the ultimate prize, and he’ll be recording his journey live for the world to bear witness.

November 14, 2022 8:44am ET by Division One Finance  

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