The question facing investors today is whether the bounce from Friday was purely an oversold technical bounce, or the start of a multi-day push higher.
Here are the intraday analysis of the markets into the lunch hour today. The analysis cover New York (SPX), NASDAQ and for investors following Canadian stocks, the TSX Composite Index.
The rest of the Stock Market Outlook Midday Intraday Analysis is for FullyInformed Members.
Choppy But Hopeful: Stock Market Outlook Midday Analysis for Mon May 16 2022
Members can sign in to the full members site here
Become a member. Join here, read comments, review benefits
List all intraday chart articles from most recent to oldest
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
Stay FullyInformed With Email Updates
Market Direction Internal Links
Profiting From Understanding Market Direction (Articles Index)
Understanding Short-Term Signals
Market Direction Portfolio Trades (Members)