Weekly Market Outlook – On The Fence Amid Presidential Cycle Though the market finished on a bullish foot two Friday's ago, that tone didn't help stocks one iota last week. When all was said and done, the S&P 500 (SPX) (SPY) pretty much ended last week where it started it, and still on the fence as it's been for the...
Weekly Market Outlook – August 15, 2016 Though the market finished on a bullish foot two Friday's ago, that tone didn't help stocks one iota last week. When all was said and done, the S&P 500 (SPX) (SPY) pretty much ended last week where it started it, and still on the fence as it's been for the better part of...
Weekly Market Outlook – Upside Breakout Amid VIX Lows Against the odds, though with the bigger-picture tide, last Tuesday's alarming intraday pullback ended up being just the regrouping the bulls needed to finally stage a breakthrough rally. On the heels of a better-than-expected jobs report for July, the S&P 500 (SPX) (SPY) pushed up and off a key short-term moving average...
Weekly Market Outlook – August 8, 2016 Against the odds, though with the bigger-picture tide, last Tuesday's alarming intraday pullback ended up being just the regrouping the bulls needed to finally stage a breakthrough rally. On the heels of a better-than-expected jobs report for July, the S&P 500 (SPX) (SPY) pushed up and off a key short-term moving average line to...
Weekly Market Outlook – Will August Hinder The Market Rally? Though technically overbought and arguably overvalued, the market managed to hold its ground last week, and finish it knocking on the door of record highs. If the buyers pick up where they left off on Friday, we'll be at new record highs for the S&P 500 (SPX) (SPY) early this...
Weekly Market Outlook – August 1, 2016 Though technically overbought and arguably overvalued, the market managed to hold its ground last week, and finish it knocking on the door of record highs. If the buyers pick up where they left off on Friday, we'll be at new record highs for the S&P 500 (SPX) (SPY) early this week. Granted, a continued...
Weekly Market Outlook – Where We Stand As Fed Approaches & Earnings Season Is Underway Despite starting last week out overbought and near all-time highs, the bulls decided by the end of the week they were still buying more. Friday's close of 2175.03 was not only 0.6% higher than the prior week's close, it was a record high close for the...
Weekly Market Outlook – July 25, 2016 Despite starting last week out overbought and near all-time highs, the bulls decided by the end of the week they were still buying more. Friday's close of 2175.03 was not only 0.6% higher than the prior week's close, it was a record high close for the S&P 500 (SPX) (SPY). No, it's not a...
Weekly Market Outlook – A Breakout Amid High Valuations The market (the S&P 500 anyway) rekindled the rally early last week, finally pushing through the resistance of its May 2015 peak at 2135 to move to a high of 2169. But, it didn't end the week with the same zeal it started it with. In fact, on Friday the index lost...
Weekly Market Outlook – July 18, 2016 The market (the S&P 500 anyway) rekindled the rally early last week, finally pushing through the resistance of its May 2015 peak at 2135 to move to a high of 2169. But, it didn't end the week with the same zeal it started it with. In fact, on Friday the index lost a little...
