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 4/18/21 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 Daily Chart - Stock Market Forecast

If you were not clear about how directly the impact of the Fed’s expansion of the money supply affects the S&P 500 (analyzed here using SPY), this daily chart will fix that.

The market is levitating into what appears to be a “blow-off top,” as it becomes absurdly overbought.

But don’t fall into the trap… Continue reading "Weekly Stock Market Forecast" →

Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a stock market forecast for the week of 4/11/21 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 Daily Chart - stock market forecast

The understanding that the Federal Reserve will stop trying to fight and rather accept inflation coupled with the new round of stimulus has caused the S&P 500 (analyzed here using the SPY) to react with a gap up and run type surge.

Initially, the buying wasn’t connecting to an equal surge in internal bullish energy, but that changed later in the week as short squeezes and new longs brought their buying orders to the market. Continue reading "Weekly Stock Market Forecast" →

DOW Makes Record Run Late Friday

Posted on by The INO.com Team

The U.S. stock market climbed to record levels and closed out Friday trading at their session highs, with Wall Street wrapping up the week with solid gains amid rising optimism that a full reopening is right around the corner.

The DOW rose fell just short of a +300 point day, gaining 297.03 points or +.89% to 33,800.60, notching a record closing high. The S&P 500 gained +0.8% to 4,128.80, hitting its third straight record close, and the NASDAQ edged up +0.5% to close at 13,900.19.

On a weekly level, the DOW and the S&P 500 posted gains for the week, up +1.9%% and +.2.7%, respectively. The NASDAQ finally joined the party, gaining +3% on the week, issuing a new green weekly Trade Triangle indicating that it's now back in a long-term uptrend with a Chart Analysis Score of +100.

Key Levels To Watch Next Week:

Continue reading "DOW Makes Record Run Late Friday" →

Options: Annualizing Pandemic Lows

Posted on by The INO.com Team

Annualizing the pandemic with an agile options-based approach has demonstrated superior returns while mitigating risk. Over the past 12 months, generating consistent monthly income while defining risk, leveraging a minimal amount of capital, and maximizing return on capital has been the core of this options-based strategy. Options enable smooth and consistent portfolio appreciation without guessing which way the market will move. Options allow one to generate consistent monthly income in a high probability manner in all market scenarios. Over the past 12 months (April 2020 – March 2021), 249 trades were placed and closed. A win rate of 98% was achieved with an average ROI per winning trade of 8.0% and an overall premium capture of 85% while outperforming the S&P 500. An options-based portfolio's performance demonstrates the durability and resiliency of options trading to drive portfolio results with substantially less risk. The options-based approach circumvented September 2020, October 2020, and January 2021 sell-offs while outperforming the S&P 500 over the post-pandemic bull run, posting returns of 55.0% and 53.7%, respectively (Figures 1, 2, and 3).

Options
Figure 1 – Overall options-based performance compared to the S&P 500 from April 2020 – March 2021
Continue reading "Options: Annualizing Pandemic Lows" →

Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a stock market forecast for the week of 4/04/21 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 Daily Chart - Stock Market Forecast

The news of the new infrastructure/stimulus bill caused the market (analyzed here using the SPY) to react with a gap up and run type candlestick. This surge took out the highs since it seems the Fed will accept a period of inflation as all these new print and spend policies work their way through the economy. The Jobs numbers beat expectations as well, and this also pushed stocks higher. However, the buying hasn’t shown to be connected to a new surge in internal bullish energy, so I’m still expecting to see a topping process begin soon.

With this new upthrust in prices, the head and shoulder pattern I was forecasting for this week has invalidated itself, and I’ll wait to see what profit-taking pressures show up next week before figuring out if this breakout is just simply the head of a NEW head and shoulders formation. Continue reading "Weekly Stock Market Forecast" →