Watch for more high volume selling this week, especially if the 50-day moving average doesn't hold.
More commentary after the jump...Stock Market Outlook - Week of Week of February 23 2020
Sunday, February 23, 2020
Weekend Stock Market Outlook - February 23 2020
The stock market outlook starts this week in an uptrend. The ADX directional indicators turned bearish on Friday, but price/volume remains mixed and OEW charts still show an uptrend.
Sunday, February 16, 2020
Weekend Stock Market Outlook - February 16 2020
The stock market outlook starts this week in an uptrend, with prices near all time highs.
The index currently sits 3.8% above the 50-day moving average and 11.5% above the 200-day.
More commentary after the jump...Stock Market Outlook - Week of Week of February 16 2020
Sunday, February 9, 2020
Weekend Stock Market Outlook - February 9 2020
The stock market outlook remains in a downtrend this week because we don't have confirmation from two signals yet.
More commentary after the jump...Stock Market Outlook - Week of Week of February 09 2020
Sunday, February 2, 2020
Weekend Stock Market Outlook - February 2 2020
The stock market outlook switched over to a downtrend early last week, as markets reacted to uncertainty surrounding the coronavirus pandemic.
While the pandemic was unexpected, the reaction by financial markets wasn't. Uncertainty creates a fear of losing money, which drives investors to reduce their risk of loss.
What can you do? Adjust.
Charts and more commentary after the jump...Stock Market Outlook - Week of Week of February 02 2020
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