Tag: Stock Market Forecast

This week we have a stock market forecast for the week of 5/30/21 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)

The S&P 500 (analyzed here using SPY) extended the range forward this week, which, as noted, was the most likely scenario.

The inaction this week has “coiled the spring” in the market, and I would expect to see an increase of volatility next week. In terms of a forecast for this week, I can’t make one with confidence as the odds are about 50/50 right now in both directions as the market’s supply/demand forces are balanced right now.

There is little motivation with the indexes, so quiet to add risk this week, and I suspect we will see a bullish whipsaw before any retest of the range lows can occur.

Time to keep my powder dry and wait for one side or the other to commit. Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 5/23/21 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)

In last week’s forecast, I shared that I expected “a lower high to form and then a push back down to break below the recent lows near $405.” The S&P 500, (analyzed here using SPY) did indeed form a lower high and DID test the $405 level, but without the bearish sponsorship needed for a breakdown. Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 5/16/21 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)

In last week’s forecast, the S&P 500 (analyzed here using SPY) had broken out to a new high, but as I wrote... Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 5/9/21 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)

The S&P 500, (analyzed here using SPY) had created a topping process as I have been commenting on, and was on the 4th day of bearish activity when a new blast of buying took the market out to new highs.

This completes my forecast the other day when I said... Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 5/2/21 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)

The S&P 500 (analyzed here using SPY) worked to process a new short-term top this week as forecast in last week’s submission.

My short-term forecast hasn’t changed since last week and can be seen in the form of the yellow arrows on the daily chart here. I expect to see a correction to form next week and then another push back up to retest the highs over the next couple of weeks.

The patience we have had to exhibit over the last month or two is paying off as there are a lot of nice opportunities showing themselves in individual stocks this week... Let’s look at a few! Continue reading "Weekly Stock Market Forecast" →