Watch for more high volume selling this week, especially if the 50-day moving average doesn't hold.
More commentary after the jump...Stock Market Outlook - Week of Week of February 23 2020
Sunday, February 23, 2020
Weekend Stock Market Outlook - February 23 2020
The stock market outlook starts this week in an uptrend. The ADX directional indicators turned bearish on Friday, but price/volume remains mixed and OEW charts still show an uptrend.
Sunday, February 16, 2020
Weekend Stock Market Outlook - February 16 2020
The stock market outlook starts this week in an uptrend, with prices near all time highs.
The index currently sits 3.8% above the 50-day moving average and 11.5% above the 200-day.
More commentary after the jump...Stock Market Outlook - Week of Week of February 16 2020
Sunday, February 9, 2020
Weekend Stock Market Outlook - February 9 2020
The stock market outlook remains in a downtrend this week because we don't have confirmation from two signals yet.
More commentary after the jump...Stock Market Outlook - Week of Week of February 09 2020
Sunday, February 2, 2020
Weekend Stock Market Outlook - February 2 2020
The stock market outlook switched over to a downtrend early last week, as markets reacted to uncertainty surrounding the coronavirus pandemic.
While the pandemic was unexpected, the reaction by financial markets wasn't. Uncertainty creates a fear of losing money, which drives investors to reduce their risk of loss.
What can you do? Adjust.
Charts and more commentary after the jump...Stock Market Outlook - Week of Week of February 02 2020
Wednesday, January 29, 2020
Stock Market Outlook - 2019 Performance Review
It's that time! Time for the annual review of the Stock Market Outlook's performance, 2019 edition.
With such a great year in the books, I expected to see some money left on the table, so to speak. It’s the “cost” of avoiding really bad downtrends. So how did we do?
Sunday, January 26, 2020
Weekend Stock Market Outlook - January 26 2020
An uptrend remains in place for the stock market outlook this week, but the signals do indicate that trend has weakened a bit.
Chart-wise, the S&P continues to plod along within the price channel we've been following, but remains extended from moving averages (3% above the 50-day, and ~10% above the 200-day).
Per Factset, about 30% of the S&P 500 will report earnings this week. Hopefully you get an Intel (INTC), and not a Discover Financial (DFS)!
Charts and more commentary after the jump...Stock Market Outlook - Week of Week of January 26 2020
Sunday, January 19, 2020
Weekend Stock Market Outlook - January 19 2020
The stock market outlook continues to signal an uptrend. The ADX, price/volume, and OEW indicators remain bullish.
Another week, another deluge of headlines. Earnings season, U.S.-China Phase 1 trade deal, North American trade agreement, impeachment, etc., etc., etc.
Don't forget that all U.S. markets are closed on Monday in observance of Martin Luther King, Jr. Day.
Charts and more commentary after the jump...Stock Market Outlook - Week of Week of January 19 2020
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