Author: The INO.com Team

Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a stock market forecast for the week of 10/10/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart - Stock Market Forecast

My life got medically hijacked a few weeks ago when our daughter decided to make her appearance a few weeks early! We spent some time with her in hospital, but all is well that ends well, and she's happy, healthy, and home!

It's times like these that really make me grateful that I have been blessed to live the life of an independent trader, free to dodge and weave and adapt to the curve balls life throws at you.

I haven't looked at screens for a while, so I come to the charts with fresh eyes. Here is what I'm seeing and can forecast for the week to come. Continue reading "Weekly Stock Market Forecast" →

On To The Fourth Quarter Of 2021

Posted on by The INO.com Team

I don't know about you, but I'm glad that September and the third quarter of 2021 are over! I'm ready to head into the fourth quarter with a fresh mindset, and hopefully, the market is too.

On the final day of September trading, the DOW dropped 546.80 points or -1.59%, to close at 33,843.92. The S&P 500 was down -1.19% to 4,307.54, while the NASDAQ fell -0.4% to 14,448.58.

Overall, September was a rough month for equities, with inflation fears, rates rising, and concerns about Chinese property putting pressure on the market. The S&P 500 finished the month down -4.8% for its worst month since March 2020, when the pandemic caused a major market sell-off. In addition, the NASDAQ fell -5.3% for its worst month since March 2020, while the DOW dropped -4.3% for its worst month in 2021. Continue reading "On To The Fourth Quarter Of 2021" →

Earnings Calendar for October 2021

Posted on by The INO.com Team

October means the start of another exciting earnings season on Wall Street.

While the month will start a bit quiet, mid-October will heat up with some of the biggest companies scheduled to report to investors. That means some big opportunities are on the horizon for traders who know how to find big earnings plays.

Most Anticipated Earnings For October 2021

Below are some of the most anticipated scheduled earnings announcements for October Continue reading "Earnings Calendar for October 2021" →

Wild Week Comes To A Calm Close

Posted on by The INO.com Team

Trading started on the wrong foot Monday, extending last week's losses for stocks, but a mid-week bounce and calm day of trading on Friday helped soothe the market. The DOW gain 33.18 points or +0.10%, to 34,798.00. The S&P 500 edged +0.15% higher to 4,455.48, and the NASDAQ shed 0.03% to close at 15,047.70.

All three major indexes were able to finish the stress-filled week in the green, with the DOW finishing the week +0.6% higher, while the S&P 500 ended it +0.51% higher and the NASDAQ eked out a small gain of +0.02%. Continue reading "Wild Week Comes To A Calm Close" →

Quadruple Witching Puts Pressure On Markets

Posted on by The INO.com Team

You might be wondering what "Quadruple Witching" is and why it would have a negative effect on the market. Quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. For example, while stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December.

Quadruple witching days witness heavy trading volume, thus putting strain on the markets, which often leads to down trading days like we see today. In fact, the week following quadruple witching, the market indices such as the S&P 500, DOW, and NASDAQ tend to decline, perhaps due to exhausting the near-term demand for stocks. Something to keep in mind as we head into next week. Continue reading "Quadruple Witching Puts Pressure On Markets" →