Stock Market Outlook - March 28 2021

The stock market outlook flipped after receiving confirmation of the new uptrend on Friday.  Better late than never, I guess.

The ADX remains bearish, but price/volume and Elliott Wave show an uptrend.

Not much in the way of economic news last week, but as of Friday's close, the S&P500 has risen ~81% from the market low on March 23, 2020! That's an amazing 1 year return!

More commentary after the jump... Stock Market Outlook - Week of March 28 2021

Stock Market Outlook -- Week of March 21 2021

The stock market outlook is still showing a downtrend; confirmation of the new uptrend hasn't happened yet. "Whipsaw" effects are still the order of the day (false and/or delayed signals).

The divergence between prices near all time highs and a downtrend signal hasn't gone unnoticed (myself included). The questions are a good sign; readers aren't blindly following signals.

The purpose of this series is to show how rules can reduce the risk of loss over the year. Unfortunately, any rule or process that limits losses can also limit gains. and it appears that is playing out right now.

More commentary after the jump... Stock Market Outlook - Week of March 21 2021

Stock Market Outlook - March 14 2021

The stock market outlook remains in a downtrend to start the week, as we await confirmation of the new uptrend. The current price action is choppy at best, thanks to sector rotation, and that "whipsaw" effect will generate false signals and/or delay new ones.

Stimulus provided by the American Rescue Plan "should" give the stock market an extra boost, via increased spending or just outright investment in stocks.

More commentary after the jump... Stock Market Outlook - Week of March 07 2021

Stock Market Outlook - March 7 2021

The stock market outlook starts March in a downtrend, on the back of institutional selling.

All three signals are showing downtrends, but sell-offs over the past year have been fairly short (~3 weeks).

Risk-off is the name of the game right now, but that doesn't mean there are no opportunities for gains. Follow the money!

More commentary after the jump... Stock Market Outlook - Week of March 07 2021