Posts Tagged by stock market outlook

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…

S&P and Dow: Weekly Stock Market Analysis (Dec 21-Dec 24)

Overall, it was a fairly uneventful  week in terms of price action in the stock markets.  We had a lot of nice tradable moves during the week, but ultimately the market did not move into or out of any technical significant areas.  Volume was light, except for Friday which was due to index rebalancing and…

What to Expect in the Stock Market Week: Dec 14-18

The S&P 500 which is a good representation of the overall stock market is still very much range bound, and is likely to remain so until the new year.  A very quiet Friday with little volume did little to inspire confidence to the contrary. 1100 is the nearest main support level for the upcoming week,…