Market Prediction For Week of April 13 2015

US Economy Slowing

UPDATE: Downgraded to sidelines rating after market close on 4/13/15. Even with the big swing move up last week, the S&P 500, Dow, and Nasdaq, all have sidelines ratings. The Russell 2000 has an uptrend rating. The stock market prediction for trading next week is that the Bulls have a slight advantage over Bears going […]

PMI Services Index Hits 59.2

PMI Services Index Chart

The “story” goes that since foreign demand is weak due to the strong U.S. dollar, the service sector is more important than ever. Traders are all watching the service sector as the last beacon of hope for the future of the U.S. economy. The news of the PMI services index hitting 59.2 in March of […]

Prediction News For Week of April 6 2015

US Economy Jokes Meme

Just like last week, the S&P 500, Dow, and Nasdaq, all have sidelines ratings. The Russell 2000 has a very weak uptrend rating. The stock market prediction for trading next week is sidelines. The Bulls and Bears are just too evenly matched for us to place our bets on either group going into trading next […]

Gap Up in US Dollar, Gap Down on S&P 500

SPX and US Dollar Charts

It’s the same old story. Just when it looks like the market could take the next swing move higher, the strong U.S. dollar knocks the market down. On March 31, 2015, the S&P 500 opened with a wicked gap down. You guessed it. The U.S. dollar gapped up: Why did the U.S. dollar gap higher […]

Massive Bull Charge Turns The Tide

Biotech IBB and S&P 500 Charts

Gnarly price action today dudes! I had just posted an article about how dire Biotech stocks looked yesterday after massive selling in the sector took it down -11% the previous week. Two massive acquisitions supported a huge bounce in Biotech stocks today and it took the entire market up with it. If you needed anymore […]

Stock Market Prediction For Week of March 30 2015

economy

The S&P 500, Dow, and Nasdaq, all have sidelines ratings. The Russell 2000 has a very weak uptrend rating. The stock market prediction for trading next week is sidelines. The Bulls and Bears are just too evenly matched for us to place our bets on either group going into trading next week. With no clear […]

Stock Market Prediction News For Week of March 23 2015

liberal joke

The S&P 500, Russell 2000, Nasdaq, and Russell 2000 all have varying degrees of uptrend rating strength. The stock market prediction for trading next week is that the Bulls have a slight advantage over Bears. Institutional investor buying was detected on the TICK on March 16, 2015. Stock Market Prediction March 2015 The turbulent month […]

Federal Reserve Drops Patient But Says Not Impatient

FOMC press conference janet yellen

Sufferin’ succotash! Janet Yellen and the FOMC announcement on March 18, 2015, pushed the market up more than 2 percent in the last hour and a half of trading. How is that even possible? I examine the FOMC announcement and following press conference, of March 18, 2015, in a search for meaning behind the awesome […]

Institutional Trader Selling and a Wicked Bear Trap

bear-trap-compressor

Institutional trader selling was detected on Tuesday, March 10, 2015, and Wednesday, March 11, 2015. As a result of institutional investors selling last week, the stock market prediction algorithm gave Bears +2 points for the week ahead. What seems more cruel than usual about institutional trader activity last week was the Bear Trap sprung in […]