Weekly Stock Market Forecast

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"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 9/12/21 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

After all our waiting, the S&P finally turned over and printed a bearish, non-hysterical candle on the weekly chart. So next week’s reaction will tell me a lot. If the bears come out in droves, then we can get confident and aggressive on the bear side, but if we sell off early, then close strong, it would indicate that we remain stuck.

I’m building a watch list of short opportunities, but it would be imprudent to enter now, as there just hasn’t been any actionable data coming out of this market for weeks. However, I’m hopeful that will change in the next 7 days. Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 9/5/21 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

A terrible hurricane that did billions in damage, yuuge flooding in Manhattan with 7 inches of rain...

And the S&P still stays in its coma.

Looking at this historic disconnected rally in the markets, I’m reminded of what it’s like to be deep in the woods of Maine. Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 8/29/21 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

Another week has gone by, and another week of drifting from the markets as we work our way through the August doldrums.

The market keeps drifting higher, and I’ve been enjoying the summer and keeping my powder dry as I wait for a catalyst to break us out of this inflation-driven drift.

With a heavy heart, I see what I think is that catalyst in the form of a Category 4 hurricane, which is currently pummeling the state of Louisiana as it makes landfall with 140MPH+ winds.

I put off publishing this forecast as long as I could in order to find out how bad things were likely to be before I could make as accurate a forecast as possible for all of you... Continue reading "Weekly Stock Market Forecast"

Weekly Stock Market Forecast

This week we have a stock market forecast for the week of 8/22/21 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

Another week of drifting from the markets as we work our way through the August doldrums.

The market’s action is almost like if you took the biggest breath possible and began to hum one note for as long as you could. Of course, it would be hard to predict just how long you could sustain that note, yet we would both know that at some point, you would run out of air and have to take a big breath in... Continue reading "Weekly Stock Market Forecast"