Sunday, October 27, 2019

Weekend Stock Market Outlook - October 27 2019

The stock market outlook keeps an uptrend rating heading into this week.

The ADX show bullish price action, and OEW remains in an uptrend. Price and volume remains mixed.

If you're looking at individual stocks, watch those earning reports! I'm seeing a lot of volatility when stocks with strong fundamentals report. You know how frustrating it is to see a stock hit trip your sell signal, only to rally back strongly in the next day or two!

More commentary after the jump...Stock Market Outlook - Week of October 27 2019

Sunday, October 20, 2019

Weekend Stock Market Outlook - October 20 2019

The stock market outlook heads into this week in an uptrend thanks to changes in the ADX and OEW.

There's no shortage of potential, market moving events in the near future: Earnings season, trade deals, geopolitical issues, and another potential rate cut. Pick your spots!

More commentary after the jump...

Stock Market Outlook - Week of Oct 20th = Uptrend -- $SPX $COMPQ $RUT $DJIA -- https://www.invest-safely.com/stock-market-outlook-2019-10-20.html

Sunday, October 13, 2019

Weekend Stock Market Outlook - October 13 2019

The stock market outlook flips to a downtrend, again with an asterisk.

President Donald Trump outlined the first phase of a deal to end a trade war with China on Friday. The key word is "outlined". With nothing written or signed, it's really just a cease-fire in the China trade war.

The U.S. fed also announced it would start growing it's balance sheet again. The last time we saw this, the intent was to lower long-term interest rates and boost the stock market. We called it Quantitative Easing (QE).

Both the measures are largely symbolic. As always, risk management and capital preservation are keys to surviving of uncertainty like we're experiencing today.

More commentary after the jump...Stock Market Outlook - Week of October 13 2019

Sunday, October 6, 2019

Weekend Stock Market Outlook - October 06 2019

After deluge of data and a volatile week of trading, the stock market outlook is in an uptrend, with an asterisk. 

Like Friday's payroll data, price action was strong enough to keep hope alive, but weak enough to make me feel otherwise.

Look for a gain on 1% or more early next week, on higher than average trading volume, to confirm the uptrend has more room to run.

More commentary after the jump...Stock Market Outlook - Week of October 06 2019