How to STOP Worrying about Stock Market Direction (Quick Market Update)

How to Stop Worrying about the Stock Market – Click to Follow The S&P 500 finished the week up 2.13% by the closing bell on Friday. The first leg down from the market top is officially over. This action triggered a buy last week on the S&P 500; however, we did not take it with any additional positions because of the strength of the first leg down….

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S&P 500 Rises…Barely

YouTube Video – Check it Out, Like and Subscribe! The S&P 500 posted an incremental gain of .02% for the week. Until Thursday, the bulls looked like they had a great chance to show a strong buy signal, but they could not hold on. Markets typically go from directional…either up or down…to sideways. This past week was a great example of that unfolding. The…

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Sell Trigger on S&P 500

You Tube Video – Like & Subscribe The S&P 500 bears showed some strength last week and triggered a sell. The S&P 500 ended up finishing the week down .97%. The good news is for the bulls is that the S&P 500 is still above short-term support, still within the bull channel, and above the most recent broad trading range. The longer-term momentum is…

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S&P 500 Stalls

YouTube Update – Click & Subscribe The S&P 500 stalled last week and fell .54% after the dust settled Friday afternoon. The weekly price action is still bullish for the S&P 500. As we’ve commented on in the videos, the S&P 500 will be bullish until there is either a significant move to the upside at an angle higher than it’s current projection, or…

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Bulls Hold Strong

You Tube – Click & Subscribe The S&P 500 snapped up .85% for the week closing at all-time new highs as the bull train continues. The price action remains bullish until one of three things happen. The first, the S&P 500 breaks below the 2860 range. The second, price breaks below the current bull channel. Thirdly, price breaks above the channel line which would signal…

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Bears Lack Enthusiasm to Sell

Video – Click and Subscribe! The bears had their chance last week to take the wind out of the bull’s sales. They could NOT. The S&P 500 erased the losses from the previous week and pushed the S&P 500 up 1.16% for the week. Support was held and the bears didn’t even get a false sell trigger. Longer-Term momentum is of course still positive. International…

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Bulls Forgot to go to Work

Video – Click and Subscribe! Where did the bulls go? They certainly did not continue their enthusiasm into this week’s trading. The S&P 500 finished the week down 1.03%. It turns out the gap from the previous week was at least exhaustive enough to give the bears room to pull the S&P 500 down to the second level of short-term support. Yes, it was…

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S&P 500 Breaks Trading Range to Upside

Video Commentary – Click to View – Subscribe! The S&P 500 FINALLY broke out of the trading range which started back in January. It’s taken the bulls almost 9 months to do it…but they got it done. The bulls pressure was so strong in the beginning of the week that they opened the S&P 500 higher on Monday than the high of the previous…

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S&P 500 Bulls Keep Pressure on Bears

Video Update The S&P 500 continued its’ bullish stature into and through last week. After the closing bell on Friday afternoon, the S&P 500 finished up .86% for the week. The bulls were able to create a new high in the S&P 500. They didn’t necessarily do it in a forceful way, but they are headed in the right direction. The bear ‘o’ meter…

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S&P 500 Bears Try — But No Bull Blood Lost

Video Update – Kept new Format! The S&P 500 started the week bearish…flashing the sell trigger, but quickly reversing to the upside. The bulls were simply too strong. After the weekly battle between the bulls and bears was called at Friday’s bell, the S&P 500 finished the week up .59%. I don’t think the bulls are out of the woods quite yet, they are…

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