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Primary economy: United States economic indicators

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Forecast batch: 9/7/26
Premium grade: 2026-09-07 05:09 UTC
^GSPC's band carries a graded record, but its options premium is not being graded right now. Sigmacast's calibrated band is sized from realized volatility and graded against every terminal close, with its containment rate audited at each horizon over the trailing 30 days. Horizon grades return when the premium ladder is gradeable again — current status is below.
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Gross Domestic Product MoM (r=+0.99), Interest Rate Decision (r=+0.94), GDP Growth Rate QoQ (r=+0.92), BoE MPC Vote Cut (r=+0.91)
Inversely correlated: Trade Balance (r=-0.94), Inflation Rate YoY (r=-0.92), Inflation Expectations (r=-0.91), CPI MoM (r=-0.91)
As of September 8, 2026, ^GSPC is trading at 7718.60. Our multi-model Sigmanomics forecast for this index generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
The S&P 500 (^GSPC) is a market index covered by the Sigmanomics analytics platform. The ^GSPC index closed at 7,718.11 on September 4, 2026, reflecting a decline of 0.35% from the previous close of 7,745.59.
Over the past 30 days, the index has experienced a modest uptrend with a rally of 4.15%, ranging between 7,320.63 and 7,816.43. The price currently trades above its 20-day moving average of 7,708.05. The 14-day RSI stands at 55.3, in neutral territory, indicating balanced momentum.
Over the same 30-day window, daily-return volatility was 0.73%, reflecting subdued price variability for this index. Across the past 52 weeks, the index has traded between 6,316.91 and 7,816.43, with the current price near the high end of that range.
Daily-return volatility of 0.73% is subdued for this index, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. ^GSPC is currently trading 0.13% above its 20-day moving average and sitting in the upper portion of its 52-week range. Its 14-day RSI reads 55.3, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Sep 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.The S&P 500 (^GSPC) is a market-capitalization-weighted index of approximately 500 large US public companies, covering about 80% of US equity market capitalization. It is the most widely followed benchmark for US large-cap equity performance and the underlying reference for trillions of dollars of indexed and benchmarked assets. Index methodology is maintained by S&P Dow Jones Indices.
The S&P 500 is driven by aggregate corporate earnings expectations, Federal Reserve policy and interest-rate path, sector composition shifts (technology weight currently dominant), macro data (jobs, CPI, GDP), and global risk sentiment. Mega-cap technology earnings (Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta) carry outsized index-level influence.