Stock Market Outlook - August 29 2021

The stock market outlook's uptrend rallies on, kicking this week off at all time highs.

2021-08-29-SPX Trendline Analysis - Daily

The Fed meeting came and went and earnings have been pretty good, so now we wait for trading volume to return from it's summer holiday.

More commentary after the jump...

Stock Market Outlook - Week of August 29 2021

Stock Market Outlook - August 22 2021

The stock market outlook uptrend continues for another week, but the underlying signals changed a bit.

The cause of last week's volatility was the Fed's discussion of tapering bond purchases. That price action could carry over to this week, as the Fed's chairman is scheduled to speak at the central-bank symposium in Jackson Hole, Wyoming.

Regardless of your view on the possible outcomes, let the trades come to you.

More commentary after the jump... Stock Market Outlook - Week of August 22 2021

Stock Market Outlook - August 15 2021

The stock market outlook uptrend remains in place this week, as the S&P500 grinds higher and hugs the upper bound of a price channel.

The CPI and PPI numbers, released last week, appear to show that price inflation is waning (transitory), while cost inflation is just getting started.

More commentary after the jump... Stock Market Outlook - Week of August 15 2021

Stock Market Outlook - August 08 2021

The stock market outlook uptrend remains in place this week, with the index basically in the same position as last week. Does it break out to the upside, or test support?

Q2 earnings are good so far, but expectations are weighing heavily on post-earnings price action.

Expect a lot of speculation in the coming weeks, leading up to the Fed meeting in Jackson Hole next month. We've had good conditions, relatively speaking, but they won't last forever, and we appear to be setting the stage for some stagflation (shades of 1973).

Investors can still profit, but asset class and sector selection are the keys to success.

More commentary after the jump... Stock Market Outlook - Week of August 08 2021

Stock Market Outlook - August 01 2021

The stock market outlook uptrend slide into August with sideways price action, which aligns with some of the weakness we discussed in last weeks post.

Earnings season looks good so far, although we're just starting to see post-COVID numbers creep into comparisons. That should make for interesting reports during Q3 and Q4 earnings seasons.

More commentary after the jump... Stock Market Outlook - Week of August 01 2021

Stock Market Outlook - July 25 2021

last week of July, but have we rebounded too quickly from last week's weakness?

There's some weakness showing up in the signals, but not enough to shift the outlook yet. One contrarian reason to remain cautious is investor expectations...long-term returns are through the roof!

More commentary after the jump... Stock Market Outlook - Week of July 25 2021

Stock Market Outlook - July 18 2021

The stock market outlook continues in an uptrend this week, but it's not without some headwinds.

More commentary after the jump...

More commentary after the jump... Stock Market Outlook - Week of July 11 2021