Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 11/14/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart - Stock Market Forecast

As the stimulus injection from the Fed loses its "oomph," the market had a flat and quiet week. Now that the "drug" of stimulus was worn off, we can watch to see what true organic supply/demand pressures are left in the market.

The problem with these stimulus rallies is that it creates a "reset" in the cycles that I track and measure, which allow me to forecast price moves with accuracy. Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 11/7/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart - Stock Market Forecast

It’s so destructive what the Fed is doing, and their “crystal meth” jacked right into the market's veins had the expected effect. This injection of demand overwhelmed the available supply and we have “doinked” higher.

I can’t analyze and forecast a market with accuracy where politics and policy trump human behavior models and basic supply and demand.

The intraday markets in the S&P remain solid. I had back-to-back winners today and produced double-digit gains.

Average holding time? Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 10/31/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart  - Stock Market Forecast

This week we have seen a lot of conflict between the bears and bulls, and when we look at the weekly chart above. It seems the bulls have won this week as a small green candlestick seems to "confirm" the bullish breakout.

To understand this better and get a more precise view of supply and demand pressures, we must look at the market in a more granular manner. Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 10/24/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Daily Chart - Stock Market Forecast

The time is finally here...

SPY has to choose what to do next. Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 10/17/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart  - Stock Market Forecast

This week's rally conforms to my forecast nicely from last week.

Nothing has really changed; I still have a lot of bearish readings for the S&P 500, which conflict with the surge of bullish interest that is currently being absorbed.

I still expect the SPY to rally up to retest the all-time highs and break out to the upside. Unfortunately, that breakout would likely be on low momentum, and the odds are high; it will turn into a false breakout. This would set up a classic "Trap trade," as the breakout players all react emotionally to the failed breakout. Continue reading "Weekly Stock Market Forecast"