The Safe Investing Blog

Stock Market Outlook entering the Week of July 17th = Uptrend
Last week was very positive for US stocks. All indexes remain above their moving averages, and price/volume action was strong (i.e. rise on higher trading volume, fall on lower trading volume). OEW analysis still shows an uptrend as well.

More after the jump…Stock Market Outlook – Week of July 17th

Stock Market Outlook entering the Week of July 10th = Uptrend
Investors and traders remained festive during the shortened 4th of July trading week, even if trading volumes were below average.

More after the jump…Stock Market Outlook – Week of July 10th

Stock Market Outlook entering the Week of July 3rd = Uptrend
Last week started off in a bad way, as we broke through the 200 day moving averages. But traders quickly climbed the Brexit “wall of worry” and sent the indexes back to their previous price levels almost as quickly as they had fallen.

More after the jump…Stock Market Outlook – Week of July 3rd

Stock Market Outlook entering the Week of June 26th = Mixed
As expected, last week we experienced some pricing volatility in the US stock markets. Through Thursday, everything looked okay; price/volume was even strong enough to confirm the uptrend. Results from the US bank stress test were a non-issue.

More after the jump…Stock Market Outlook – Week of June 26th

Stock Market Outlook entering the Week of June 19th = Uptrend
No change in the outlook for this week, although you could argue that things are mixed. From a moving average perspective, the markets didn’t hold the line last week, and fell back below the short and medium term moving averages.

More after the jump…Stock Market Outlook – Week of June 19th

Stock Market Outlook entering the Week of June 12th = Uptrend
Last week started off well, but surrendered gains heading into the weekend. From a moving average perspective, the damage was limited. But unlike recent weeks, we added a distribution day to the tally, on account of Friday’s sell-off. OEW continues to indicate an uptrend.

More after the jump…Stock Market Outlook – Week of June 12th

Stock Market Outlook entering the Week of June 5th = Uptrend
Terrible news on the fundamental front was not enough to derail the most recent rally. Non-farm payrolls came in WAY under expectations, along with a slew of other revisions and data points, which is usually enough to take the wind out of the market’s sails and send prices lower. Yet we still saw prices move higher.

More after the jump…Stock Market Outlook – Week of June 5th