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 8/15/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

Another week of drifting from the markets without any real increase in bullish or bearish pressures.

There are, of course, outliers that have moved, but they have been primarily low odds scenarios.

The S&P 500 (SPY)

SPY Weekly Chart - Stock Market Forecast

The market keeps drifting higher without much passion in either direction. While it’s seductive to want to “jump on the train,” the odds at this point are poor. All it takes is one little geopolitical catalyst, and a market this overbought can snap back 5% in a matter of days. Continue reading "Weekly Stock Market Forecast" →

Stock Market Grinds To New Highs

Posted on by The INO.com Team

The DOW finished the day up 15.53 points or +0.04% to close at a record 35,515.38, while the S&P 500 added +0.16% and finished at 4,468, a new closing record. The NASDAQ ticked up just +0.04% to close at 14,822.90. http://ow.ly/Y88o50FQN4h

The DOW and the S&P 500 rounded out the week with gains of +0.87% and +0.71%, respectively, amid light summertime trading volumes. That makes two weeks in a row that both indexes have finished in the green. However, the tech-heavy NASDAQ underperformed this week, finishing down just under a tenth of a percent at -0.09%. Continue reading "Stock Market Grinds To New Highs" →

Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a trading lesson for the week of 8/8/2021 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

This week, there is little to talk about as the market drifts sideways, and we begin the traditional “August doldrums.”

I have been putting myself out there a bit more this year, as I see a new wave of interest in active trading hitting the markets. Usually, these waves create a lot of excitement from newer traders, but then they lose money and quit in frustration.

I love trading so much, and what it has allowed me to do in my life and the time freedom it has given me to work on my passion projects and spend time with my family... I want to help others achieve the same.

Since I didn’t find any high probability opportunities, I’m going to start a lesson series and share with you the information that's CRITICAL for you to understand if you are ever going to survive, much less THRIVE in this business.

So, I’m going to start at the VERY BEGINNING... Continue reading "Weekly Stock Market Forecast" →

Crude Oil Has Worst Week Since October

Posted on by The INO.com Team

Crude oil posted its worst weekly loss in nine months as the US dollar gained +0.77% for the week and +0.61% in Friday trading, dashing any attempt by crude prices to rebound on tensions in the Middle East and a week of negative news on Covid here in the US as the Delta variant takes hold.

U.S. West Texas Intermediate crude oil (WTI), the benchmark for US oil, settled Friday's trade down -.81 cents, or -1.2%, at $68.28 per barrel. For the week, WTI lost -7.7%, its most since the -10% drop during the week to Oct. 23, 2020.

The DOW rose 144.26 points or +0.41% and closed at an all-time high of 35,208.51. The S&P 500 rose +0.17% to clinch its own record close at 4,436.52, while the NASDAQ dipped -0.40% to settle at 14,835.76. Continue reading "Crude Oil Has Worst Week Since October" →

Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a stock market forecast for the week of 8/1/2021 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

There will be no forecast this week as I am moving my family across the country and had to disassemble my computer systems, making it impossible to measure and analyze all the data necessary for accurate forecasting.

This enforced pause, as well as the stop loss triggered in SPGI after it cycled down nicely out of the gate, acts as a nice reset, and I thought you would find it interesting if I share what’s going through my mind tactically at the moment.

All traders, IF they are to be (and remain) successful, are expected, heuristic learners.

The word “Heuristic” is defined as.

“Enabling someone to discover or learn something for themselves.

"A “hands-on” or interactive heuristic approach to learning"

And that’s exactly what’s been happening to me over the past few weeks.

You see, the methodology that I use to forecast the markets works like a flashlight you shine out into the infinite darkness of uncertainty.

Let me explain... Continue reading "Weekly Stock Market Forecast" →