Posts Tagged by ino trading

Stock Market (S&P 500) On the Verge of Breakout

The S&P closed out a strong week, closing just below 1150.  Highs (January) are just above 1150 so the stock market sits on the verge of a breakout to the upside.  In late February and early march we got confirmation that the sell off down to 1045 was a “bear trap” and the daily uptrend…

Stock Market-S&P Poised to Test 52 Week Highs

The following is your weekly stock market outlook for March 8-12.  We will look at the S&P 500. In last weeks analysis 1104 was the pivot point.  Holding above that was important in painting a picture in which the market could go higher.  At no point this past week was that point tested, and the…