Category Archives: Technical Analysis & Charts

No Comments Weekly Market Outlook – Valuation Concerns Creep In

The market didn’t end last week on a particularly bullish foot, but it doesn’t matter  – it started the week on such a bullish foot the S&P 500 (SPX) (SPY) was still up 1.6% for the week, and still above a fairly important resistance line. The strength still doesn’t outright guarantee stocks will keep moving higher. […]

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Weekly Market Outlook – Bullish, But Not Yet Firmly So

Last week wasn’t a no-holds-barred kind of bullish week, but stocks did manage to follow-through on the prior week’s rebound effort, breaking above some semi-important resistance levels.  There still a tough road to travel, however, if the bulls are going to get anything going for the long haul. We’ll take our usual look at the […]