Stock Market Guidance

What will a stock market bottom look like? See how to recognize when a new uptrend has started. What will a stock market bottom look like? See how to recognize when a new uptrend has started. Market timing strategies detailed in these videos would have prompted traders to start taking profits around thanksgiving. Since the […]

The “buy the dip” strategy fell apart last week with really only one up-day following the “dip”. There is now sufficient market action to construct a downtrend line across the tops of the market action since the highs of late December. Now the market has to accomplish several feats before a new uptrend can be

With the major indexes looking a little tarnished last week what should we look for this week? Of the 3 major indexes – the ones the media likes to focus on – stocks traded on the NASDAQ are the weakest of the 3. Because of their overwhelming effect on the technology indexes, giant stocks such

After a great end of the year bullish run is now the time to be backing up the truck for 2022? According to recent media prognosticators and other crystal ball readers, the stock market is likely to increase by 22% in 2022. Or maybe not… Other “experts” are appearing to center around a 7% loss.

As volatility increases in the stock market, many people are asking about an end of year rally. An end-of-year rally appears to be less of a possibility as time slowly expires. There is only a week left before Christmas and only 8 trading days before the end of the year arrives. So any end-of-year rally

After a sharp gap up early last week and then 4 days building a base, what should we watch for next? Hey Everyone, I apologize for the background music in this week’s video. I had my system playing with the volume down and didn’t realize it was in my video until review. Let me know

What is necessary to complete a base in preparation for another move up? Find out on this video. Last week I discussed where the market needed to start building a base for another move up. This week’s video shows where we are in that process. After a week of bearish activity with high volatility and

Will Friday’s COVID announcement create another 40% market drop like the first global lockdown? The overall market was clearly building an interim top since 11/10. The recent COVID announcement of the month sealed the deal on the recent topping pattern. Recent trading pushed prices below the low point of the top which was bad enough

This week’s major indexes price action was a jumble of mixed signals. What can that indicate for this week’s trading? Next week is a shortened trading week with the market closed on Thursday for Thanksgiving and shortened hours on Friday with a closing at 1 pm. So it’s relatively unlikely that any major move will

A little bit of a pullback occurred as I discussed in last week’s video. What to expect this week? The start of the week looked precarious as inflation fears surfaced once again. By Friday it seems the risk-off mentality turned around to risk-on. At the current price level, the market is at a technical cheap