Tag Archives: elliott wave theory

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 … Continue reading →

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 … Continue reading →

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 … Continue reading →

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 … Continue reading →

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 →