Category Archives: Market Trends

Stock Market Outlook entering the Week of December 18th = Uptrend  US stocks took a breather last week with some sideways price action. Considering how quickly the markets have advanced since the US election, a brief pause is a good thing; it … Continue reading →

Stock Market Outlook entering the Week of December 11th = Uptrend  20/50/200 Day Moving Averages: Uptrend Price & Volume Action: Uptrend Objective Elliott Wave Analysis: Uptrend COMMENTARY US stocks returned to their winning ways, as all the major indexes posted impressive gains. … Continue reading →

Stock Market Outlook entering the Week of December 4th = Uptrend  As expected, US stocks ran into resistance last week. The S&P 500 fell 1%, the Nasdaq lost 2.7%, the NYSE fell 0.1%, and the Russell 2000 lost 2.4%. The Dow managed … Continue reading →

Stock Market Outlook entering the Week of November 27th = Uptrend  US stocks winning ways continued last week, in spite of a holiday shortened week. I’m still expecting a pullback at some point, but that should represent a good opportunity to … Continue reading →

Stock Market Outlook entering the Week of November 20th = Uptrend  The Nasdaq joined the other major indexes above their respective 20/50/200 day moving averages. Given how quickly market prices rose over the past two weeks, some sideways action (consolidation) is … Continue reading →

Stock Market Outlook entering the Week of November 13th = Uptrend  What a week! Even though most of the price change occurred after-hours in the futures markets, individual investors still saw the impact on their portfolios (or at least I did!). … Continue reading →

Stock Market Outlook entering the Week of November 6th = Downtrend  Performance to the moving averages continued weakening. All the indexes remain below their 20 and 50 day moving averages. The SP500 closed just 2 points above its 200 day moving … Continue reading →