Tag: Technical Anlaysis

This week we have a stock market forecast for the week of 8/29/21 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)

Another week has gone by, and another week of drifting from the markets as we work our way through the August doldrums.

The market keeps drifting higher, and I’ve been enjoying the summer and keeping my powder dry as I wait for a catalyst to break us out of this inflation-driven drift.

With a heavy heart, I see what I think is that catalyst in the form of a Category 4 hurricane, which is currently pummeling the state of Louisiana as it makes landfall with 140MPH+ winds.

I put off publishing this forecast as long as I could in order to find out how bad things were likely to be before I could make as accurate a forecast as possible for all of you... Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 8/22/21 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)

Another week of drifting from the markets as we work our way through the August doldrums.

The market’s action is almost like if you took the biggest breath possible and began to hum one note for as long as you could. Of course, it would be hard to predict just how long you could sustain that note, yet we would both know that at some point, you would run out of air and have to take a big breath in... Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 8/15/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

Another week of drifting from the markets without any real increase in bullish or bearish pressures.

There are, of course, outliers that have moved, but they have been primarily low odds scenarios.

The S&P 500 (SPY)

The market keeps drifting higher without much passion in either direction. While it’s seductive to want to “jump on the train,” the odds at this point are poor. All it takes is one little geopolitical catalyst, and a market this overbought can snap back 5% in a matter of days. Continue reading "Weekly Stock Market Forecast" →

This week we have a trading lesson for the week of 8/8/2021 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

This week, there is little to talk about as the market drifts sideways, and we begin the traditional “August doldrums.”

I have been putting myself out there a bit more this year, as I see a new wave of interest in active trading hitting the markets. Usually, these waves create a lot of excitement from newer traders, but then they lose money and quit in frustration.

I love trading so much, and what it has allowed me to do in my life and the time freedom it has given me to work on my passion projects and spend time with my family... I want to help others achieve the same.

Since I didn’t find any high probability opportunities, I’m going to start a lesson series and share with you the information that's CRITICAL for you to understand if you are ever going to survive, much less THRIVE in this business.

So, I’m going to start at the VERY BEGINNING... Continue reading "Weekly Stock Market Forecast" →

This week we have a stock market forecast for the week of 8/1/2021 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

There will be no forecast this week as I am moving my family across the country and had to disassemble my computer systems, making it impossible to measure and analyze all the data necessary for accurate forecasting.

This enforced pause, as well as the stop loss triggered in SPGI after it cycled down nicely out of the gate, acts as a nice reset, and I thought you would find it interesting if I share what’s going through my mind tactically at the moment.

All traders, IF they are to be (and remain) successful, are expected, heuristic learners.

The word “Heuristic” is defined as.

“Enabling someone to discover or learn something for themselves.

"A “hands-on” or interactive heuristic approach to learning"

And that’s exactly what’s been happening to me over the past few weeks.

You see, the methodology that I use to forecast the markets works like a flashlight you shine out into the infinite darkness of uncertainty.

Let me explain... Continue reading "Weekly Stock Market Forecast" →