The S&P 500 market prediction was spot on from last week. The market closed the week flat right on top of the green drawn prediction line from last week as seen in the chart below.
I look at a lot of indicators and I ponder if that indicator supports or contradicts the move on the S&P 500. I will be posting a series of articles looking at each of these indicators shortly. The bottom line is that the stock market prediction has gotten a little more bullish over the last week. I have updated the prediction path on the chart above. Continue reading “S&P 500 Market Prediction Spot On, Getting More Bullish“
The weekly Saturday night stock market prediction show attempts to predict market direction for the week ahead by looking at a variety of technical and fundamental indicators.
The top catalysts and stock picks posted on the GuerillaStockTrading blog are reviewed on the show.
This week’s show features commentary on the so-called “Trump Bump” and what it means for the market going forward. Economic analysis of the US economy shows the economy is not doing good at all and the divergence between the economy and stock market is going to resolve itself in a market correction eventually.
The sell-off in biotechnology stocks is also discussed and why now is a great time to buy biotech stocks.
A weekly Saturday night show that attempts to predict market direction for the week ahead by looking at a variety of technical and fundamental indicators.
This week’s show features Trump’s comments about bringing down drug prices, the incredible trial results from Bellicum Pharmaceuticals that cured all 35 children in the trial, takeover rumors surrounding Depomed, Hooker Furniture crushing earnings and revenue estimates, the candle over candle reversal on Cytosorbents after they received a new reimbursement code from Germany, Volaris candle over candle reversal after they announced a new flight route called Volaris Costa Rica, Calavo Growers candle over candle reversal after receiving a Buy rating from Vertical Group, and more.