Weekend Stock Market Outlook

Stock Market Outlook entering the Week of November 10th = Uptrend

    • ADX Directional Indicators: Uptrend
    • Price & Volume Action: Uptrend
    • Objective Elliott Wave Analysis: Uptrend

COMMENTARY
Uptrend signals across the board in this week’s stock market outlook; the the ADX, price/volume and OEW signals showing bullish price action.

More commentary after the jump…Stock Market Outlook – Week of November 10 2019


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of November 3rd = Uptrend

    • ADX Directional Indicators: Uptrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Uptrend

COMMENTARY
The stock market outlook continues to show an uptrend.

The ADX and OEW remain bullish.  Price and volume is still mixed, but a handful of distribution days will fall off this count this week, so you could be forgiven for thinking this signal shows an uptrend at this point.

Q3 earnings season is mixed, October’s jobs report came in better than expected, and the ISM manufacturing index showed contraction again. And the U.S. Fed lowered rates by 0.25% last week. 

More commentary after the jump…Stock Market Outlook – Week of November 03 2019


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of October 27th = Uptrend

    • ADX Directional Indicators: Uptrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Uptrend

COMMENTARY
The stock market outlook keeps an uptrend rating heading into this week.

The ADX show bullish price action, and OEW remains in an uptrend. Price and volume remains mixed.

If you’re looking at individual stocks, watch those earning reports! I’m seeing a lot of volatility when stocks with strong fundamentals report. You know how frustrating it is to see a stock hit trip your sell signal, only to rally back strongly in the next day or two!

More commentary after the jump…Stock Market Outlook – Week of October 27 2019


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of October 20th = Uptrend

    • ADX Directional Indicators: Uptrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Uptrend

COMMENTARY
The stock market outlook heads into this week in an uptrend thanks to changes in the ADX and OEW.

There’s no shortage of potential, market moving events in the near future: Earnings season, trade deals, geopolitical issues, and another potential rate cut.

Pick your spots!

More commentary after the jump…Stock Market Outlook – Week of October 20 2019


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of October 13th = Downtrend

    • ADX Directional Indicators: Downtrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Downtrend*

COMMENTARY
The stock market outlook flips to a downtrend, again with an asterisk.

President Donald Trump outlined the first phase of a deal to end a trade war with China on Friday. The key word is “outlined”. With nothing written or signed, it’s really just a cease-fire in the China trade war.

The U.S. fed also announced it would start growing it’s balance sheet again. The last time we saw this, the intent was to lower long-term interest rates and boost the stock market. We called it Quantitative Easing (QE).

Both the measures are largely symbolic. As always, risk management and capital preservation are keys to surviving of uncertainty like we’re experiencing today.

More commentary after the jump…

Stock Market Outlook – Week of Oct 13th = Downtrend
— $SPX $COMPQ $RUT $DJIA —
https://www.invest-safely.com/stock-market-outlook-2019-10-13.html


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of October 6th = Uptrend

    • ADX Directional Indicators: Downtrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Uptrend*

COMMENTARY
After deluge of data and a volatile week of trading, the stock market outlook is in an uptrend, with an asterisk.  

The ADX continues to show a bearish trend.  Price and Volume shows high-levels of institutional selling.  But prices are above the 50-day as of this weekend, so the signal is mixed.  OEW is still showing an uptrend.

*OEW update not posted at the time of this update

More commentary after the jump…Stock Market Outlook – Week of October 06 2019


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Weekend Stock Market Outlook

Stock Market Outlook entering the Week of September 29th = Uptrend

    • ADX Directional Indicators: Downtrend
    • Price & Volume Action: Mixed
    • Objective Elliott Wave Analysis: Uptrend*

COMMENTARY
Liquidity and impeachment and trade wars, oh my. There’s been no shortage of headline risk over the past few weeks and macroeconomic data continues to weaken.

The stock market outlook remains in an uptrend, albeit a weakening one. A break below the 50-day is all it would take for a trend change.

More commentary after the jump…Stock Market Outlook – Week of September 29 2019


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