Category: Stocks & Stock Market Analysis

Stock Market Summary – May 18, 2012

My weekly stock market summary is now available on Investopedia, providing an outlook on the major index ETFs–SPY, DIA, QQQ and IWM: May 18, 2012 Market Summary Markets continued to decline this week, erasing most gains seen since the middle of January. For the first time since January 18, the S&P 500 traded below 1300,…

Stock Market Outlook and 3 Questions to Ask of Your Trading Plan

Stock and Commodities Outlook In a recent Oil and Gas Investments Bulletin I looked at the relationship between commodities and stocks. Moving in virtual lockstep over the last few years the two asset classes have recently decoupled. In this article I explain what I believe the decoupling implies and ultimately where I think it will take the…

Stock Market Summary – May 11, 2012

My stock market summary and outlook which looks at 4 major stock market ETFs (SPY, DIA, QQQ and IWM) is now available on Investopedia: May 11, 2012 Stock Market Summary After a sell-off last week, this week prices managed to stabilize in the major index ETFs. The prior correction threw up warning flags as several support levels were broken, but…

Where is the Stock Market Headed – S&P 500 (SPY) Analysis

Where is the Stock Market Headed – S&P 500 (SPY) Scenarios Cory Mitchell, CMT The chart below was sent out recently in the free weekend newsletter. It shows three profit target scenarios which could play out over the coming weeks (two scenarios) and possibly months (the other scenario). The yellow lines on the chart mark…

Stock Market Summary – April 27, 2012

My outlook for the major stock market index ETFs (SPY, DIA, QQQ and IWM) is now available on Investopedia: Stock Market Summary – April 27, 2012 Stocks rebounded this week; three of the major index ETFs look to have completed corrective waves, signaling a further advance. Two of those index ETFs have been, and remain in, strong…

Why Economic Forecasts Often Fail – Linear Thinking

Why Economic Forecasts Often Fail [Linear Thinking] Linear thinking often utterly misses the mark in making an economic forecast. [Originally published] April 13, 2010 By Elliott Wave International Let’s begin with a paradox: The one constant in our society is dramatic change. This is the main reason why projecting present conditions into the future often fails. “If…

11 Market Myths — Are You Falling Prey?

There are loads of market myths. Take “Cash on sidelines” for instance…makes me shudder just typing it. Currently working on my own “trading myths” article I came across this brief piece (originally published in 2010) which very succinctly takes care of the “cash on the sidelines” myth.  My skin crawls when I hear those words and it seems…

Stock Market Outlook: Long-term and Short-term – April 13, 2012

Stock Market Outlook: Long-term and Short-term – April 13, 2012 Cory Mitchell, CMT Stock Market Outlook – Long and Medium-Term From a long-term perspective, and by that I mean looking backwards and forwards at least several years, there are two major questions to consider: Is the current market rally just  part of a secular bear…

Bear Market Stress is Weakening Society

The following article was published in December of 2011. In the months since we have seen the stock market rally. It should be noted that those affiliated with this article believe we are in a bear market rally, as opposed to a major trend higher. The distinction is relevant as much of the information presented…

Relatively Weak Stocks Nearing Support

Relatively Weak Stocks Nearing Support The following stocks are all $2.0 billion market caps or  higher, trade on average at least 1 million shares per day, have under performed the S&P 500 year-to-date (i.e. relatively weak stocks) and are now approaching support. Some traders may look for downside breakouts, while others look for false downside…

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