Investors and traders are searching for ways to outperform S&P 500 Index. This study explores whether technical and/or fundamental indicators can predict movements in S&P 500. The study utilized technical indicators only and then coupled the technical indicators with fundamental indicators to assess the extent of predictability of S&P 500 returns. Technical indicators showed more predictive ability over shorter time-periods. Over longer time-periods, a combination of select technical and fundamental indicators provided increased predictive ability versus solely technical or fundamental indicators.