Monday, May 29, 2017

Outlook week of May 29, 2017

Short week.  Old saying:  Sell in May and go away (as summer can be boring - as if the last 3 months didn't bore us!!!



update - longer term

Saturday, May 20, 2017

Week ahead May 22, 2017

A mini crash in the Dow Industries leaves the market as a whole trading sideways (no major pullback - yet).  The coming week may see some more pullback./

GL traders

Monday, May 15, 2017

Week ahead May 15, 2017

Readers noted inconsistencies in chart posted over week end.  Should refrain from posting when not feeling well.  Hopefully this is a better chart.

GL traders

Saturday, May 6, 2017

May 8, 2017 weekly outlook

Last week as the week ended we saw new highs on major indexes (barely). Early week some weakness, but earnings and stats pushed the market up by end of week.

In the upcoming week we have 3 cycles  down and 1 up.  Since the 9 month cycle appears to be dominate - expect some weakness  in the upcoming week.

Good luck traders