Weekly Market Outlook – Don’t Read Too Much Into the Recovery Effort Just Yet

After stocks broke their eight-week win streak two weeks ago, the market recovered pretty well last week. Just don’t overreact or read too much into it. Neither of the indices actually hurdled an important technical level. There’s still a chance the stock market could tumble back into more serious trouble. On the flipside, both indices are back above a different...

Weekly Market Outlook – Don’t Read Too Much Into the Recovery Effort Just Yet

After stocks broke their eight-week win streak two weeks ago, the market recovered pretty well last week. Just don’t overreact or read too much into it. Neither of the indices actually hurdled an important technical level. There’s still a chance the stock market could tumble back into more serious trouble. On the flipside, both indices are back above a different...

Weekly Market Outlook – Cracks Are Starting to Show

The market’s nine-week win streak firmly ended last week, with the S&P 500 tumbling 1.5%. That’s enough to start a setback, and there’s certainly plenty of room for more profit-taking from here. And yet, it’s still too soon to say the budding bull market is dead. It was due for a breather anyway. The bigger worry here is something bigger-picture....

Weekly Market Outlook – Cracks Are Starting to Show

The market’s nine-week win streak firmly ended last week, with the S&P 500 tumbling 1.5%. That’s enough to start a setback, and there’s certainly plenty of room for more profit-taking from here. And yet, it’s still too soon to say the budding bull market is dead. It was due for a breather anyway. The bigger worry here is something bigger-picture....

Weekly Market Outlook – Stocks End The Year With a Whimper. Now What?

The market technically logged a ninth consecutive weekly gain during the final trading week of the year. But, it was the weakest gain of them all. It would be easy to assume the rally is running out of stream. And maybe it is. Or, maybe traders were just elsewhere during the holiday-shortened week that was book-ended by three-day weekends. Whatever...

Weekly Market Outlook – Stocks End The Year With a Whimper. Now What?

The market technically logged a ninth consecutive weekly gain during the final trading week of the year. But, it was the weakest gain of them all. It would be easy to assume the rally is running out of stream. And maybe it is. Or, maybe traders were just elsewhere during the holiday-shortened week that was book-ended by three-day weekends. Whatever...

Weekly Market Outlook – Here Comes the Santa Claus Rally

Another week, another win. That makes the eighth in a row, and while last week’s wasn’t as big as the one from the week before, it was still sizeable. The cup-and-handle breakout thrust from two weeks back is still underway. There are some red flags starting to wave though. For instance, Wednesday’s selloff was the biggest single-day loss suffered since...

Weekly Market Outlook – Here Comes the Santa Claus Rally

Another week, another win. That makes the eighth in a row, and while last week’s wasn’t as big as the one from the week before, it was still sizeable. The cup-and-handle breakout thrust from two weeks back is still underway. There are some red flags starting to wave though. For instance, Wednesday’s selloff was the biggest single-day loss suffered since...

Weekly Market Outlook – Right on Cue, Stocks Follow Through on Cup-and-Handle Pattern

Last week we pointed out both of the major market indexes had formed a cup-and-handle pattern, setting the stage for rekindled bullishness. Stocks just needed break above the cup’s brim line to get that ball rolling. That happened on Monday, and the buyers never looked back. With the move underway, the doors are opened up to higher highs again. The...

Weekly Market Outlook – Right on Cue, Stocks Follow Through on Cup-and-Handle Pattern

Last week we pointed out both of the major market indexes had formed a cup-and-handle pattern, setting the stage for rekindled bullishness. Stocks just needed break above the cup’s brim line to get that ball rolling. That happened on Monday, and the buyers never looked back. With the move underway, the doors are opened up to higher highs again. The...
BECOME A BIG TRENDS INSIDER! IT’S FREE!