Stock Market Outlook For Week of July 17 2017

In this week’s stock market outlook for trading week of July 17, 2017, technology stocks and small caps did better this last week than what we’ve seen from previous weeks. I have to wonder though how much more Bulls can continue to dominate with the government only a few months away from running out of money unless the debt ceiling is raised.

The most surprising aspects of this stock market outlook is how how the NYSE percent of stocks trading above the 50 day moving average has exploded higher.

Stock market outlook is bullish with NYSE percent of stocks above the 50 day MA exploding higher

Bulls won the market action of last week and have strengthened their dominance over the Bears.

In this week’s show I go over the major indices as well as various other charts.

Author: Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on unless specifically stated in the article. Owner of Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.

Leave a Reply

Sofi AI Market Sentiment Gauge

Sofi AI Market Sentiment Gauge

Market is overbought.