Key SPX & VIX Levels To Watch Here – Weekly Market Outlook Even with last week’s losses, there’s a glimmer of hope for this overbought market. And with the onset of earnings season, anything is still possible. Just know that the deck is still stacked against stocks here. They reminded everyone last week that no rally can last forever. The...
This Rally Is Getting A Bit Steep – Weekly Market Outlook It may have been a shortened week thanks to the long Independence Day weekend, but the bulls managed to cram at least five days of bullishness into only three and a half days of bullishness. The S&P 500 (SPX) (SPY) gained 24.5 points – about 1.2% – last week, pushing...
Nasdaq Hits Multi-Year Highs Amid A Risky Environment – Weekly Market Outlook It may have been a volatile mess, and even with a strong finish, the broad market still closed in the red for the week (though just barely). Yet, the bulls managed to evade a meltdown when it mattered the most, and may well have rekindled the uptrend. There’s still...
Is The Market Melting Up? – Weekly Market Outlook The market may have made progress last week, but in so doing pushed itself back into an overbought condition. Perhaps even more troubling is how all the indices are at or near key technical ceilings, right as the overbought situation developed. Before anyone takes on anything new, a closer look at...
No Signs Of Impending Doom – Weekly Market Outlook The weight of the sizable gain since mid-May – and really since mid-April – finally proved to be more than the market could bear last week. Though it was a small loss, the first weekly loss in the past four is just enough to cast a shadow of doubt on whether...
Valuations Continue Higher Amid A Very Low VIX – Weekly Market Outlook It’s easy to forget just how unpredictable and how emotional the market can be at times. Last week was a reminder of that reality. Once we got the slightest of nudges a couple of weeks ago, bored/impatient investors started seeing every glass as half full rather than half...
2014 Belmont Analysis & Handicapping From BigTrends.com Price Headley, CEO of BigTrends.com: I've said I thought California Chrome had a legitimate chance to be a Triple Crown winner and he has done nothing to turn me off of that opinion. Certainly there have been many close calls and even better horses that could have won it all but stumbled in...
Calendar Axiom Broken, But Valuations Are A Concern – Weekly Market Outlook So much for the “Sell in May” axiom. The market just logged its second bullish week in a row at a time of year that’s not supposed to be bullish at all. For May, the S&P 500 (SPX) (SPY) gained an impressive and surprising 1.8%. Is this...
Finally A Breakout, But Caveats Remain – Weekly Market Outlook We have to give credit where it’s due – if last week’s rally is just another fakeout, it’s the most convincing fakeout we’ve seen in months. We at least owe it to ourselves to consider the possibility we could be headed into a rare springtime rally. We’ll show you exactly...
Red Flags Amid A Trading Range – Weekly Market Outlook It looked like the market was finally going to break out of its funk early last week. But, by Thursday it was clear the rally effort wasn’t a breakout, but just another fakeout. The bulls are still within striking distance of a breakout, but even some of the staunchest of...
BECOME A BIG TRENDS INSIDER NOW!
Trend Watch, TRENDSCORE, webinars, technical analysis e-book, and more!
