Sunday, April 30, 2017

Weekly Market Update: All trends are positive

The indicators are all positive. The market wants to go higher. Let's look at each.  As you can see they are all in positive territory and appears to have shrugged off the little, teeny-tiny dip from last week.










Tuesday, April 25, 2017

Weekly Stock Market Update: Climbing the Wall of Worry

With the French election fears appearing to abate, the stock market rallied yesterday. All my indicators, save the interest rate, are still green. This could be a bounce.

 

Saturday, April 15, 2017

Weekly Stock Market Update: Caution Continues

The major indexes are inching down towards their 30 week moving average lines. The market could be entering into a pause and possibly a correction. CNN's Fear & Greed Index is now at Extreme Fear, and the VIX just broke above its 30 week moving average line. See this chart.




Monday, April 10, 2017

Weekly Market Update: Caution

All the indicators are technically still green but there are some hints of a correction coming as the major indexes are approaching their 30 week moving average lines. We will look to see if they breach those lines in the next few weeks.

Finviz has some neat heatmaps on their site. It's a great way to see how the market is doing if you like visual tools. I love visual tools!

Monday, April 3, 2017

Weekly Stock Market Update

Stocks continue their upward climb. All indicators are up.

Some possible Stage 2 candidates include:


  • VRSN - VeriSign, Inc.
  • HD - Home Depot