Stock Market Outlook for Tue Apr 14 2020 – Choppy With Bias Higher

Monday’s drop was highly anticipated but the losses overall were minor in relation to the early morning drop.

The S&P by the end of the day closed down just 1% at 2761. The NASDAQ was positive while the Dow Industrials was pulled down 328 points for a 1.4% loss but closed well off its low of the day.

Overall Monday tested investor resolve. Tuesday should be higher.

Stock Market Outlook Chart Comments At The Close on Mon Apr 13 2020 

The SPX chart continues to be bearish with 6 sell signals in the chart. However the Bollinger Bands Squeeze which I discussed a number of times last week, showed that it intends to end with the Upper Bollinger Band rising and the Lower Bollinger Band falling. Which was the direction will be for stocks is not clear but a personal opinion is higher.

The 200 day moving average is now leading the market, which is typical in a bear market. It is followed by the 50 day and the 100 day. The 21 day is turning back up.

The closing candlestick on Monday is bearish but it also often signals a reversal which would mean another move up on Tuesday.

Stock Market Outlook review of Apr 13 2020

Stock Market Outlook: Technical Indicators Review:

Momentum: Momentum is rising and positive.

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

MACD Histogram: MACD (Moving Averages Convergence / Divergence) issued an up signal on Thursday March 26. The up signal was strong again on Monday.

• 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 has a weak up signal in place and is signaling overbought.

• 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 falling.

• 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 rising which could indicate higher prices are ahead.

• 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:

2900 is resistance

2860 is resistance

2840 is resistance

2800 is resistance

2700 is light support and marked a drop of 20.4%.

2675 is light resistant

2650 is light support

2625 is light support

2600 is support

2550 is light support

2500 was good support and marked a correction of 26.3%

2344 is the next level of support and marks a 30.9% correction.

2100 is light support

2000 is good support and marks a drop of 1393 points for a 41% correction. More analysts are jumping onto this level as where the correction is heading.

 Stock Market Outlook for Tomorrow – Tue Apr 14 2020 

For Tuesday the technical indicators are showing that Monday’s selling was met by buyers who stepped up and took advantage of some lower prices.

The outlook is for a choppy day and there could be some dips but overall the index will close higher.

The market continues to signal that the worst of the sell-off is behind investors. Without a new event to stun investors, the lows from late March will not be seen again in this bear market.

Tuesday will be higher by the close as the bias has shifted back to up.

Stock Market Outlook Archives

Morning Investing Strategy Notes for Thu Feb 6 2025

For FullyInformed Members the morning Investing Strategy Notes for Thu Feb 6 2025 review the outlook as we head into the January employment report on Friday before the open. There are a large number of trades outlined today. Stocks discussed include ARM ....... Read More

Stock Market Outlook for Thu Feb 6 2025 – Choppy Dips Possible But Still Up

Prior Trading Day Summary: On Wednesday stocks had a choppy day but kept a bullish bias. By the close the majority of the SPX and NASDAQ were moving higher despite a plunge in Alphabet Stock (GOOGL) and Advanced Micro Devices Stock (AMD). ....... Read More

Stock Market Outlook for Wed Feb 5 2025 – Choppy With A Lower Close

Prior Trading Day Summary: On Tuesday stocks staged a rebound bounce as investors cheered the tariffs with Mexico and China being delayed 30 days. The SPX rose 43 points wiping out yesterday's 45 point loss. The NASDAQ rose 262 points, also wiping ....... Read More

Morning Investing Strategy Notes for Wed Feb 5 2025

For FullyInformed Members the morning Investing Strategy Notes for Wed Feb 5 2025 review Tuesday's bounce. Stocks discussed include Clorox Stock (CLX), Alphabet Stock (GOOGL), Chipotle Mexican Grill Stock (CMG), ARM Stock (ARM), Eli Lilly Stock (LLY) and more. The morning Investing ....... Read More

Morning Investing Strategy Notes for Tue Feb 4 2025

For FullyInformed Members the morning Investing Strategy Notes for Tue Feb 4 2025 review the sell-off on Monday and the outlook for today. Stocks discussed include Palantir Tech Stock (PLTR), NXP Semiconductor Stock (NXPI), Uber Tech Stock (UBER), Walt Disney Stock (DIS) ....... Read More

Stock Market Outlook for Tue Feb 4 2025 – Possible Bounce But Lower Close

Prior Trading Day Summary: On Monday stocks reacted negatively to news of President Trump placing tariffs on Mexico, Canada and China. By the end of the day the news had changed to a 30 day pause for Mexico and Canada in tariffs ....... Read More

Morning Investing Strategy Notes for Mon Feb 3 2025

For FullyInformed Members the morning Investing Strategy Notes for Mon Feb 3 2025 review the outlook for the start of February trading. Stocks discussed include Apple Stock (AAPL), Palantir Tech Stock (PLTR), PayPal Stock (PYPL), PepsiCo Stock (PEP) and more. The morning ....... Read More

Stock Market Outlook for Mon Feb 3 2025 – Lower Close Over Tariff Worries

Prior Trading Day Summary: On Friday Jan 31, stocks ended the day lower in an afternoon tumble that saw the SPX fell from 6112 shortly after 1:00 PM to 6031 before closing at 6040. The tumble was over news of impending tariffs ....... Read More

Morning Investing Strategy Notes for Fri Jan 31 2025

For FullyInformed Members the morning Investing Strategy Notes for Fri Jan 31 2025 review Thursday's choppy day and positive close. Stocks discussed include Apple Stock (AAPL), Microsoft Stock (MSFT), Caterpillar Stock (CAT), United Parcel Service Stock (UPS), VISA Stock (V), Deckers Stock ....... Read More

Stock Market Outlook for Fri Jan 31 2025 – Choppy – Dip Possible But Still Up

Prior Trading Day Summary: On Thursday stocks started the day weak and by 11:00 the SPX had slipped to 6027 but with limited downside pressure, investors bought into stocks and by 3:30 the SPX was up to 6086. The last half hour ....... Read More

Morning Investing Strategy Notes for Thu Jan 30 2025

For FullyInformed Members the morning Investing Strategy Notes for Thu Jan 30 2025 review Wednesday's choppy trading and the outlook for the next few trading days. There are a large number of trades outlined for today. Stocks discussed include Microsoft Stock (MSFT), ....... Read More

Stock Market Outlook for Thu Jan 30 2025 – Higher Open But Lower Close

Prior Trading Day Summary: On Wednesday stocks faced a choppy day with a number of dips including during Fed Chair Powell's press conference. The SPX had a wide range with a intraday low of 6013 and high of 6062. This 49 point ....... Read More

Morning Investing Strategy Notes for Wed Jan 29 2025

For FullyInformed Members the morning Investing Strategy Notes for Wed Jan 29 2025 review Tuesday's bounce and the outlook for today. Stocks discussed include IWM ETF, Tesla Stock (TSLA), Microsoft Stock (MSFT), Meta Stock (META) and more. The morning Investing Strategy Notes ....... Read More

Stock Market Outlook for Wed Jan 29 2025 – Bullish Even With The Fed

Prior Trading Day Summary: On Tuesday stocks staged a rebound with the SPX closing up 55 points, recovering 66% of Monday's loss. The NASDAQ rose 391 points recovering 64% of Monday's loss. Let's review the technical indicators at the close on Tue ....... Read More

Morning Investing Strategy Notes for Tue Jan 28 2025

For FullyInformed Members the morning Investing Strategy Notes for Tue Jan 28 2025 review Monday's tech sell-off. Stocks discussed include IWM ETF, Starbucks Stock (SBUX), F5 Networks Stock (FFIV), Norfolk Southern Corp Stock (NSC) and more. The morning Investing Strategy Notes are ....... Read More

Stock Market Outlook for Tue Jan 28 2025 – Bounce Likely

Prior Trading Day Summary: On Mon Jan 27 2025 stock indexes were lower as tech stocks sold-off following reports of a "cheaper" AI model being released by a Chinese startup, DeepSeek. While information was a bit murky, investors decided it was better ....... Read More

Morning Investing Strategy Notes for Mon Jan 27 2025

For FullyInformed Members the morning Investing Strategy Notes for Mon Jan 27 2025 review the outlook for the start of the final week of January. Stocks discussed include Texas Instruments Stock (TXN), American Express Stock (AXP), Nucor Stock (NUE), General Motors Stock ....... Read More

Stock Market Outlook for Mon Jan 27 2025 – Overbought – Dips Likely – But Bullish Heading Into More Earnings

Prior Trading Day Summary: On Friday Jan 24, markets moved lower as the indexes remain overbought heading into the important week ahead of earnings from some of the biggest corporations. The SPX closed down 17 points for a modest loss and a ....... Read More

Morning Investing Strategy Notes for Fri Jan 24 2025

For FullyInformed Members the morning Investing Strategy Notes for Fri Jan 24 2025 review the outlook for the overbought markets. Stocks discussed include Abbott Labs Stock (ABT), Texas Instruments Stock (TXN), American Express Company Stock (AXP), Verizon Communications Stock (VZ) and more. ....... Read More

Stock Market Outlook for Fri Jan 24 2025 – Still Overbought – Choppy – Dips Likely – But Higher

Prior Trading Day Summary: On Thursday the market was trending primarily sideways until the final 15 minutes when an influx of buy orders sent the SPX up from 6098 to 6118 for a new closing high. It also left the SPX even ....... Read More

• 1
• 2
• 3
• …
• 315
• ›