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