Sunday, July 26, 2020

Weekend Stock Market Outlook - July 26 2020

The stock market outlook uptrend continues; no change in the signals last week.

Even with an uptrend in place, now is not the time to get complacent. Your favorite stock might be one conference call away from a major selloff; just ask Intel shareholders!

More commentary after the jump...Stock Market Outlook - Week of July 26 2020

Sunday, July 19, 2020

Weekend Stock Market Outlook - July 19 2020

The stock market outlook uptrend continues, with the ADX, Price/Volume, and Elliott Wave all in the green.

The S&P500 closed above the resistance trendline, with a bullish ADX and price/volume count. And Elliott Wave count still shows a 5th wave in progress.

More commentary after the jump...Stock Market Outlook - Week of July 19 2020

Sunday, July 12, 2020

Weekend Stock Market Outlook - July 12 2020

The stock market outlook uptrend remains in place this week, though there wasn't a lot of activity either way. That's not to say there wasn't ANY activity in the markets; Tesla stole the show by jumping ~20%.

The ADX remains bullish and distribution days are spread out. Elliott Wave still shows a 5th wave looking to get past the June 8th high.

More commentary after the jump...Stock Market Outlook - Week of July 12 2020

Sunday, July 5, 2020

Weekend Stock Market Outlook - July 05 2020

The stock market outlook uptrend remains in place this week.

The ADX Directional indicators cross-over again, price / volume remains well behaved, and no change in the Elliott Wave count.

With Q2 in the books, it's a great time to take stock of your personal financial situation and goals for the year. The first half of 2020 was a wild ride and everyone's finances were impacted in some way.

More commentary after the jump...Stock Market Outlook - Week of July 05 2020