Stock Market Outlook for Nov 26 2019 – Bias Is Still Higher

With limited time this evening, here is a quick look at the stock market outlook for Tue Nov 26 2019.

Stock Market Outlook Chart Comments At The Close on Mon Nov 25 2019 

The SPX chart is still bullish, although the closing candlestick on Monday was bearish for Tuesday.

All the remaining signals are still bullish.

3030 is still light support. All the major moving averages are still climbing including the 50 and 21 day moving averages. The 21 day moving average is still rising above the 3030 level which is bullish. The 50 day is above the 3000 level which is also bullish and is nearing the 3030 level.

The Lower Bollinger Band has moved above the 50 day moving average which is bullish.

The 100 and 200 day moving averages are still rising.

The two buy signals from September are still in place.

Stock Market Outlook review of Mon Nov 25 2019

Stock Market Outlook: Technical Indicators Review:

Momentum: Momentum is positive and rising.

• Settings: For momentum I use a 10 period when studying market direction.

MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued a down signal on Thursday Nov 21 2019. On Monday, the down signal was considerably weaker thanks to Monday’s rally.

• Settings: For MACD Histogram, I am using the Fast Points set at 13, Slow Points at 26 and Smoothing at 9. 

Ultimate Oscillator: The Ultimate Oscillator signal is rising.

• Settings: The Ultimate Oscillator settings are: Period 1 is 5, Period 2 is 10, Period 3 is 15, Factor 1 is 4, Factor 2 is 2 and Factor 3 is 1. These are not the default settings but are the settings I use with the S&P 500 chart set for 1 to 3 months.

Slow Stochastic: The Slow Stochastic is no longer overbought and has an up signal in place.

• Settings: For the Slow Stochastic I use the K period of 14 and D period of 3. The Slow Stochastic tries to predict the market direction further out than just one day.

Relative Strength Index: The RSI signal is rising.

• Settings: The relative strength index is set for a period of 5 which gives it 5 days of market movement to monitor.  It is often the first indicator to show an overbought or oversold signal.

Rate of Change: The rate of change signal is moving sideways.

• Settings: Rate Of Change is set for a 21 period. This indicator looks back 21 days and compares price action from the past to the present. With the Rate Of Change, prices are rising when signals are positive. Conversely, prices are falling when signals are negative. As an advance rises the Rate Of Change signal should also rise higher, otherwise the rally is suspect. A decline should see the Rate Of Change fall into negative signals. The more negative the signals the stronger the decline.

Support and Resistance Levels To Be Aware Of:

3100 is resistance

3030 is light support

3000 is support

2960 is light support

2950 was light support

2900 is light support

2860 is light support

2840 is support

2800 is strong support

2795 is light support

2745 to 2750 is light support

2725 is light support

2700 is light support

 Stock Market Outlook for Tomorrow – Tue Nov 26 2019 

The technical indicators are trying to turn around but there are still weakness signals.

MACD is losing its sell signal. If the market moves higher on Tuesday the sell signal should change back to a buy signal.

There is enough strength in the signals to see a choppy day on Tuesday but a flat to higher close is expected.

Stock Market Outlook Archives

Morning Investing Strategy Notes for Wed Jan 8 2025

For FullyInformed Members the morning Investing Strategy Notes for Wed Jan 8 2025 review Tuesday's sell-off and discuss the outlook and when we may see another rally attempt. Stocks discussed include Walt Disney Stock (DIS), Microsoft Stock (MSFT), Advanced Micro Devices Stock ....... Read More

Stock Market Outlook for Wed Jan 8 2025 – Possible Rally Attempt But Still Lower

Prior Trading Day Summary: On Tuesday the day ended as expected. Monday's close pointed to a bounce attempt to start the day and then more selling and a lower close. The close though was lower than I had expected. The problem with ....... Read More

Morning Investing Strategy Notes for Tue Jan 7 2025

For FullyInformed Members the morning Investing Strategy Notes for Tue Jan 7 2025 review Monday's rally and the afternoon selling which saw the SPX drop 43 points from the intraday high. Stocks discussed include Nike Stock (NKE), Walt Disney Stock (DIS), Apple ....... Read More

Stock Market Outlook for Tue Jan 7 2025 – Morning Bounce Likely But Lower Close

Prior Trading Day Summary: On Monday I had expected a bit of a dip in the morning and then a push higher. Instead the SPX opened above 5990, raced to 6020 and then fell back to close below the morning open at ....... Read More

Morning Investing Strategy Notes for Mon Jan 6 2025

For FullyInformed Members the morning Investing Strategy Notes for Mon Jan 6 2025 review Friday's strong rally and discusses the outlook for January. Stocks discussed include NVIDIA Stock (NVDA), Apple Stock (AAPL), Crowdstrike Stock (CRWD), Starbucks Stock (SBUX), SPY ETF and more. ....... Read More

Stock Market Outlook for Mon Jan 6 2025 – Morning Dip Likely But Higher Close

Prior Trading Day Summary: On Friday stocks finally bounced on good volume to end the week on a positive note. The S&P closed up 74 points for the best one day gain since Nov 6. Volume jumped to 3.8 billion shares with ....... Read More

Morning Investing Strategy Notes for Fri Jan 3 2025

For FullyInformed Members the morning Investing Strategy Notes for Fri Jan 3 2025 review Thursday's selling and comments on the outlook for January. Stocks discussed include NVIDIA Stock (NVDA), DoorDash Stock (DASH), Crowdstrike Stock (CRWD), Starbucks Stock (SBUX) and more. The morning ....... Read More

Stock Market Outlook for Fri Jan 3 2025 – Second Bounce Attempt Expected

Prior Trading Day Summary: The first trading day of 2025 saw the day start with a bounce but then the SPX fall to the lows last seen on Dec 20 before some buying managed to push the index up to close just ....... Read More

Morning Investing Strategy Notes for Thu Jan 2 2025

For FullyInformed Members the morning Investing Strategy Notes for Thu Jan 2 2025 review Tuesday's sell-off. As well the notes discuss what 2025 may hold for investors if there is no Santa Claus Rally. Stocks discussed include NVIDIA Stock (NVDA), Tesla Stock ....... Read More

Stock Market Outlook for Thu Jan 2 2025 – Bounce Likely But Bye Bye Santa

Prior Trading Day Summary: The final day of 2024, Tuesday Dec 31, saw more profit-taking and lower closes. The S&P closed down 25 points. As a minimum the Santa Claus Rally needs to gain at least 1% over the close on Monday ....... Read More

Morning Investing Strategy Notes for Tue Dec 31 2024

For FullyInformed Members the morning Investing Strategy Notes for Tue Dec 31 2024 review Monday's sell-off and the question of whether there is still a chance for the Santa Claus Rally. Stocks discussed include NVIDIA Stock (NVDA), Johnson and Johnson Stock (JNJ), ....... Read More

Stock Market Outlook for Tue Dec 31 2024 – Possible Bounce But Santa May Be Gone

Prior Trading Day Summary: Thursday saw further selling on New York and the NASDAQ. By the end of the day the S&P had lost 64 points to close at 5906. The NASDAQ closed down 235 points closing at 19486. The Santa Claus ....... Read More

Morning Investing Strategy Notes for Mon Dec 30 2024

For FullyInformed Members the morning Investing Strategy Notes for Mon Dec 30 2024 review Friday's sell-off and the outlook for the anticipated Santa Claus Rally. Stocks discussed include Winnebago Industries Stock (WGO), NVIDIA Stock (NVDA), Nucor Stock (NUE) and more. The morning ....... Read More

Stock Market Outlook for Mon Dec 30 2024 – Looking For Santa Claus Rally

Prior Trading Day Summary: Friday was a low volume day on the S&P but not on the NASDAQ where 8 billion shares were traded. Whether the day was primarily profit-taking or computerized trading as the market dipped lower, the close saw the ....... Read More

Morning Investing Strategy Notes for Fri Dec 27 2024

For FullyInformed Members the morning Investing Strategy Notes for Fri Dec 27 2024 review the market action on Thursday. Stocks discussed include Advanced Micro Devices Stock (AMD), Apple Stock (AAPL), IWM ETF, VIX Index and more. The morning Investing Strategy Notes are ....... Read More

Stock Market Outlook for Fri Dec 27 2024 – Still Bullish

Prior Trading Day Summary: Thursday was a low volume day as anticipated and stock indexes were basically flat on the day. The S&P closed down 2 points to 6037 and the NASDAQ was down 10 points to 20020. There was little of ....... Read More

Morning Investing Strategy Notes for Thu Dec 26 2024

For FullyInformed Members the morning Investing Strategy Notes for Thu Dec 26 2024 review the rally on Tuesday and the outlook for the so-called Santa Claus Rally. Stocks discussed include UnitedHealth Group Stock (UNH), Apple Stock (AAPL) and more. The morning Investing ....... Read More

Stock Market Outlook for Thu Dec 26 2024 – Continuing To Run Higher

Prior Trading Day Summary: Tuesday saw a low volume half day. Normally a half day favors the bulls and Tuesday definitely proved this point. The SPX rose 66 points to end the day at 6040. The past three trading days recovered Wednesday's ....... Read More

Morning Investing Strategy Notes for Tue Dec 24 2024

For FullyInformed Members the morning Investing Strategy Notes for Tue Dec 24 2024 review the bounce on Monday as well as Tuesday's half day of trading and what to expect for Thursday and possibly Friday. Stocks discussed include Nike Stock (NKE),  UnitedHealth ....... Read More

Stock Market Outlook for Tue Dec 24 2024 – Weakness With Possible Dip But Still Bias Up

Prior Trading Day Summary: Monday saw investors try to resume the bounce from Friday. The day started with a dip which was expected. The dip brought in buyers and the rally restarted. By the close the SPX had climbed 43 points. For ....... Read More

• 1
• 2
• 3
• …
• 313
• ›