Posts Tagged by stock market outlook

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…

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…

Weekly Stock Market Summary – IWM divergence with other major index ETFs

My weekly stock market summary is available Investopedia, where I look at SPY, DIA, QQQ and IWM – major index ETFs: March 2, 2012 Stock Market Summary The four indexes were mixed this week; three of them hit fresh 52-week highs and one of them broke below support. The trend remains higher for all the averages…

Stock Market Summary – February 24

You can read my stock market summary, which takes a look at the current state of the major index ETFs (SPY, DIA, QQQ and IWM), on Investopedia now: February 24, 2012 Stock Market Summary After spending much of the week in the resistance area between $136 and $137, the S&P 500 SPDRS (NYSE:SPY) manged to create a…

Stock Market Summary – February 17, 2012

You can read my stock market summary, which takes a look at the current state of the major indexes, on Investopedia now: February 17, 2012 Stock Market Summary There was some hesitancy this week in stock prices. While the major indexes are trading above last week’s close, the strength of those moves in some of…

Stock Market Summary – February 10, 2012

You can read my stock market summary for the week ending Feb. 10 on Investopedia: February 10, 2012 Stock Market Summary After pushing higher throughout the week, Friday’s early selloff is testing the weekly lows seen on Tuesday. The major indexes have been in an uptrend throughout 2012, and that uptrend remains in tact despite early selling on…

Where is the Stock Market Going in 2012

Where is the stock market going in 2012 A technical outlook By Cory Mitchell, CMT The S&P 500 is one of the most commonly followed market indices, representing 500 actively traded large-capitalization companies on the US exchanges. To judge and get perspective on the present state of the S&P 500 (and where it is going…

Stock market shifts to short bias

Wednesday’s slide in the US equity markets did technical damage to the trend, putting it in a precarious position.  For “longs” caution is warranted and the “shorts” should be in or on standby for early next week.  The market was unable to recover after the fall on Wednesday and Friday’s attempt to claw back some losses was…

Stock Market, headed for test of trend line. Will it hold?

Back on May 9 I posted an stock outlook for May: http://vantagepointtrading.com/archives/4251 where I stated that things were looking optimistic for bulls, but “ A drop below 1329, the recent low, indicates weakness and a test of the wedge bottom at 1323.  Support beyond does not exist until the primary support line at 1300-1290.  A…

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