Stock Market Outlook entering the Week of December 15th = Uptrend
COMMENTARY
No change in the stock market outlook; the uptrend remains in place.
There was no shortage of market moving headlines that could have impacted market prices, but the end result was a 0.73% gain for the week.
More commentary after the jump…Stock Market Outlook – Week of December 15 2019
Stock Market Outlook entering the Week of December 8th = Uptrend
COMMENTARY
An uptrend continues for this week’s stock market outlook, with positive signals from the ADX, price/volume, and OEW.
That’s not to say last week wasn’t without some excitement; the early week sell-off was enough to flip the ADX. But Wednesday’s gap up made quick work of that change.
More commentary after the jump…Stock Market Outlook – Week of December 08 2019
Stock Market Outlook entering the Week of December 1st = Uptrend
COMMENTARY
The stock market outlook uptrend continues, with corresponding signals from ADX and price/volume. OEW did not report this week due to the holiday.
2019-12-01 – SPX Trendline Analysis – Daily
2019-12-01 – SPX Trendline Analysis – Weekly
Happy Thanksgiving Everyone!
Stock Market Outlook entering the Week of November 24th = Uptrend
COMMENTARY
The stock market outlook uptrend continues, with corresponding signals from ADX, price/volume and OEW.
More commentary after the jump…Stock Market Outlook – Week of November 24 2019
Stock Market Outlook entering the Week of November 17th = Uptrend
COMMENTARY
The stock market outlook remains in an uptrend, with price at an all time high and continued bullish price action in the ADX, price/volume and OEW signals.
In the daily view, the S&P500 looks a bit extended from support. The ~3075 price level should act as the gatekeeper for any large decline.
Just like asymmetric warfare, one trade war tweet will override fundamental and technical research in the short-term, so risk manage accordingly!
More commentary after the jump…Stock Market Outlook – Week of November 17 2019
Stock Market Outlook entering the Week of November 10th = 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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Stock Market Outlook entering the Week of November 3rd = 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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