Monthly Archives: May 2016

Stock Market Outlook entering the Week of May 29th = Uptrend Last week’s “small rally” forced a complete reversal in the market outlook, from downtrend to uptrend, as the indexes reclaimed their 20, 50, and in some cases 200 day moving … Continue reading →

Stock Market Outlook entering the Week of May 22nd = Downtrend No change in the market outlook based on last week’s trading action. Friday’s option expiration gave the expected boost to prices, but volume was a bit subdued. More after the … Continue reading →

Stock Market Outlook entering the Week of May 15th = Downtrend Maybe there is some truth in the old adage “sell in May and go away”. Last weeks selling pressure continued to weaken the markets, moving the outlook from “mixed” to … Continue reading →

Stock Market Outlook entering the Week of May 8th  = Mixed The February uptrend appears to be ending.Last week, the Russell 2000 joined the NASDAQ below their 200-day moving average, while the NYSE, S&P500 and DJIA tested that level during Friday’s … Continue reading →

Stock Market Outlook entering the Week of May 1st  = Uptrend The uptrend remains intact for another week, although not without some substantial short-term selling (using the 20-day moving average as a proxy). More after the jump…Stock Market Outlook – Week … Continue reading →