FullyInformed.com

Market Direction Outlook For Aug 6 2015 – Possible Bounce But Probably Lower

Aug 5, 2015 | Stock Market Outlook

For three days in a row the SPX declined. For two of those days I had expected a bounce attempt. Today stocks bounced and at one point the SPX was up to 2112.66. But sellers took charge and pushed the SPX back to close below the 2100 level again. Overall though the past few days of declines is looking more like just minor dips while investors try to decide whether to take stock indexes higher or lower.

Advance Decline Numbers for Aug 5 2015

Volume was horrendous today which is perhaps part of the reason stocks gave back their gains. Buyers were absent today. Just 2.4 billion shares were traded today and new lows came in at 222. New highs still moved higher to 125 but at 222 the market looks like it could be setting up for another pullback.

Market Direction Closings For Aug 5 2015

The S&P closed at 2,099.84 up 6.52. The Dow closed at 17,540.47 down 10.22. The NASDAQ closed at 5,139.94 up 34.40.

Profiting In Today’s Market

Tonight’s market direction outlook is expanded into the members only section because I want to discuss 5 trades that show how I am continuing to generate income or profits despite the present market. Markets like the present one are certainly rare. Standards and Poor advised two months ago that no US market in history has ever been stuck in a sideways pattern as long as this one. Normally sideways ends with stocks moving lower. But as an investor I have no interest in sitting idle for weeks or months while the market tries to decide what to do. I want my capital out working. To do that may seem like it takes nerves of steel, but instead it takes applying strategy to trades and my overall portfolio that are designed to protect my capital from loss. If there is one lesson from the present market it is that quality big cap stocks will always win out at some point whereas speculative stocks and juniors can wipe out months or even years of profits in a couple of days. If I could urge investors to do one thing in this market it would be to move to big cap names and turn away from small cap stocks and commodity type juniors. The 5 trades I show after the market direction do just that and explain why I am continuing to grow my portfolio despite the market remaining caught in this tight trading range.

Members Only Market Direction Outlook and Investing Strategy Notes

The Market Direction Outlook notes for Aug 6 are for members for the reasons explained above..  FullyInformed USA Members can read the latest Market Direction Outlook and investing strategy notes directly through this link. Members can also sign in to the full USA site here. Non-members can join here or read about the benefits of a membership.

Stay FullyInformed With Email Updates

    Your First Name (required)

    Your Email (required)

    Anti-Spam: Please Answer This Math Question

    I will send you a reply to confirm that you want to subscribe before sending any emails.


    Market Direction Internal Links

    Profiting From Understanding Market Direction (Articles Index)

    How I Use Market Timing

    How I Use Market Timing

    Understanding Short-Term Signals

    Various Market Timing Systems

    Market Direction Portfolio Trades (Members)

    Market Direction External Links

    Market Direction

    IWM ETF Russell 2000 Fund Info

    Market Direction SPY ETF 500 Fund Info

    Search

    Select to view all results...

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

    Recent Outlooks

    Stock Market Outlook for Wed Mar 27 2024 – Unconfirmed MACD Down Signal

    Prior Trading Day Summary: I lost my power shortly after the markets closed. Articles this evening will be shorter if I can post any. On Tuesday trading volume picked up as stocks fell for another day. The SPX closed near …

    Morning Investing Strategy Notes for Tue Mar 26 2024

    For FullyInformed Members the morning Investing Strategy Notes for Tue Mar 26 2024 discuss the outlook for Tuesday. As well there are comments on support levels to watch in the SPX for the week. There are a number of trade …

    Stock Market Outlook for Tue Mar 26 2024 – Still Bullish

    Prior Trading Day Summary: On Monday low trading volumes hindered the chance of a positive close. The SPX saw just 3.4 billion shares traded. This matches the volume on last Friday. While poor , it is also bullish as it …

    Morning Investing Strategy Notes for Mon Mar 25 2024

    For FullyInformed Members the morning Investing Strategy Notes for Mon Mar 25 2024 discuss the outlook for Monday and the shortened week ahead of the Easter holiday. There are a number of trade ideas outlined including FedEx Stock (FDX), Nike …

    Stock Market Outlook for Mon Mar 25 2024 – Dip Likely But Higher Close

    Prior Trading Day Summary: On Friday investors took profits ahead of the upcoming shortened Easter week with indexes sitting at all-time highs. On Friday the SPX closed down just 7 points to 5234. For the week the index was up …

    Morning Investing Strategy Notes for Fri Mar 22 2024

    For FullyInformed Members the morning Investing Strategy Notes for Fri Mar 22 2024 discuss the outlook for Friday. There are a large number of trade ideas outlined including FedEx Stock (FDX), Nike Stock (NKE), Lululemon Athletica Stock (LULU),  and more …

    Stock Market Outlook for Fri Mar 22 2024 – Choppy – Dips Possible But Still Up

    Prior Trading Day Summary: On Thursday all 3 indexes closed at new all-time highs for a second straight day. Volumes remained decent but stocks are seeing some selling as investors are taking a few profits with the indexes at new …

    Morning Investing Strategy Notes for Thu Mar 21 2024

    For FullyInformed Members the morning Investing Strategy Notes for Thu Mar 21 2024 discuss the outlook for Thursday following Wednesday’s FOMC interest rate decision and Fed Chair Powell’s news conference. There are a large number of trade ideas outlined including …

    Stock Market Outlook for Thu Mar 21 2024 – Higher Still

    Prior Trading Day Summary: On Wednesday the SPX, Dow Jones and NASDAQ indexes all closed at new all-time highs. Comments from Fed Chair Powell reaffirming 3 rate cuts in 2024 were still “on the table” was all that investors needed …

    Morning Investing Strategy Notes for Wed Mar 20 2024

    For FullyInformed Members the morning Investing Strategy Notes for Wed Mar 20 2024 discuss the outlook for Wednesday and the latest FOMC interest rate decision. There are also a number of trade ideas outlined including Chewy Stock (CHWY), SPY ETF, …

    Stock Market Outlook for Wed Mar 20 2024 – All About The Fed – Bullish

    Prior Trading Day Summary: On Tuesday the morning started with a dip down to 5131 but buyers were waiting for the dip and volumes picked up. Deep dips in a number of big caps like NVIDIA Stock (NVDA) found ready …

    Morning Investing Strategy Notes for Tue Mar 19 2024

    For FullyInformed Members the morning Investing Strategy Notes for Tue Mar 19 2024 discuss the outlook for Tuesday following Monday’s rally and before Wednesday’s latest FOMC interest rate decision. There are also a number of trade ideas outlined including Chevron …

    Stock Market Outlook for Tue Mar 19 2024 – Choppy Dips Likely But Still Up

    Prior Trading Day Summary: On Monday investors took advantage of the past two weeks of weakness to jump back into stocks. By the close the S&P was up 32 points to close at 5149. The 32 points wiped out the …

    Morning Investing Strategy Notes for Mon Mar 18 2024

    For FullyInformed Members the morning Investing Strategy Notes for Mon Mar 18 2024 discuss the outlook for the third week of March. There are also a number of trade ideas outlined including Adobe Stock (ADBE), Chevron Stock (CVX), Exxon Mobil …