Stock Market Outlook entering the Week of March 20th = Uptrend
The uptrend rolls on for a 5th straight week. I guess we shouldn’t be too surprised, as the most recent bull market was the one that wouldn’t end (or hasn’t ended depending on your viewpoint!).
Stock Market Outlook entering the Week of March 13th = Uptrend
A choppy week, but a very strong Friday session powered the rally forward. Is this the start of something new, or just massive short covering?
Stock Market Outlook entering the Week of March 6th = Uptrend
The US stock markets moved higher, extending their winning streak to 3 weeks.
Stock Market Outlook entering the Week of February 28th = Uptrend
Market conditions continued to improve last week, putting the market outlook into uptrend territory. Price/volume action remained strong, and a majority of the indexes rose above their 50 day moving averages.
Stock Market Outlook entering the Week of February 21st = Mixed
The market outlook “Mixed”, reflecting the improved short-term conditions.
Stock Market Outlook entering the Week of February 14th = Downtrend
Lots of volatility last week (in the form of gaps up and down in prices for the market open), as the new bear market begins to assert itself.
Stock Market Outlook entering the Week of February 7th = Downtrend
In stark contrast to the previous weekend outlook, Friday’s negative price action helped US equities lose the ground they had gained (e.g. the 20-day moving average). Price/volume action continues to be weak (in terms of supporting a rally).
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