Sunday, January 31, 2021

Stock Market Outlook - January 31 2021

The stock market outlook still shows an uptrend, but there's bearish price action across the board.

Closing below the 50-day moving average is all it will take to switch the signal to a downtrend, so stay frosty.

The stock market has had a good run since November, so don't be shy about taking some money off the table (e.g. recover your initial investment). Keep your losses small no matter what. You can always buy back in if/when price action improves.

Much more commentary on Gamestop, WallStreetBets, and Retail traders after the jump...Stock Market Outlook - Week of January 31 2021

Sunday, January 24, 2021

Stock Market Outlook - January 24 2021

The stock market outlook remains in an uptrend and recovered a bit of strength last week.

Good or bad, market prices are at historical extremes. Prices can higher, now is definitely NOT the time to be in love with your holdings (not that there is ever a good time for that).

More commentary after the jump... Stock Market Outlook - Week of January 24 2021

Sunday, January 17, 2021

Stock Market Outlook - January 17 2021

The stock market outlook remains in an uptrend, albeit a weakening one.

The 3 signals we track remain bullish, but price action hasn't been the stuff of strong rallys.

Stock Market Outlook - Week of January 17 2021

Sunday, January 10, 2021

Stock Market Outlook - January 10 2021

The stock market outlook remains in an uptrend; all three signals are in the green.

But price remains extended from the 200-day moving average (~14.5%), as it has for the past 9 weeks or so.

More commentary after the jump... Stock Market Outlook - Week of January 10 2021