Sunday, May 3, 2020

Weekend Stock Market Outlook - May 03 2020

The stock market outlook starts May in an uptrend. The ADX and price/volume signals are bullish, while Elliott Wave indicates a downtrend.

Earnings season is in full swing, with many big names reporting this week. Expect price volatility and limited forward guidance. The best you can do is look for companies with strong balance sheets and high demand for their products in a "stay at home" economy.

More commentary after the jump...Stock Market Outlook - Week of May 03 2020

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