It’s late this evening so I won’t be doing a full analysis.
The technical indicators remains fairly bullish but there are signals that Friday will see stocks under some pressure and ending the day lower.
Members can see this in the Market Breadth Indicator outlook for today.
Stock Market Outlook Archives
Stock Market Outlook for Thu Apr 25 2024 – Weakness and Lower
Prior Trading Day Summary: Wednesday saw the rally stall. With the rally stalling investors took profits which weighed on stocks. The close saw the SPX up just 1 point at ....... Read More
Morning Investing Strategy Notes for Wed Apr 24 2024
For FullyInformed Members the morning Investing Strategy Notes for Wed Apr 24 2024 discuss the second bounce on Tuesday and the outlook for the remainder of the week. There are ....... Read More
Stock Market Outlook for Wed Apr 24 2024 – Some Weakness But Higher Close
Prior Trading Day Summary: Tuesday saw the rally continue for a second day with rising up volume, wider market breadth and a higher gain. All of this is bullish. Much ....... Read More
Morning Investing Strategy Notes for Tue Apr 23 2024
For FullyInformed Members the morning Investing Strategy Notes for Tue Apr 23 2024 discuss the bounce on Monday. There are trade ideas on a wide number of stocks including Nucor ....... Read More
Stock Market Outlook for Tue Apr 23 2024 – Bounce But Lower
Prior Trading Day Summary: Monday saw the long awaited bounce from the recent selling and market breadth was bullish. The SPX rose 43 points recovering all of Friday's loss to ....... Read More
Morning Investing Strategy Notes for Mon Apr 22 2024
For FullyInformed Members the morning Investing Strategy Notes for Mon Apr 22 2024 discuss the outlook for the start of the fourth week of April. There are also comments on ....... Read More
Stock Market Outlook for Mon Apr 22 2024 – No Change – Deeply Oversold Bounce Possible
Prior Trading Day Summary: Friday saw stocks open flat and try to climb within the first 15 minutes. When that failed the selling continued. The early afternoon saw a rally ....... Read More
Morning Investing Strategy Notes for Fri Apr 19 2024
For FullyInformed Members the morning Investing Strategy Notes for Fri Apr 19 2024 discuss the outlook for for a potential bounce that ends the day with the indexes positive. There ....... Read More
Stock Market Outlook for Fri Apr 19 2024 – Deeply Oversold – Bounce Likely – Higher Close
Prior Trading Day Summary: Thursday saw another morning bounce attempt but no follow through. However the SPX did not break below 5000 and managed to close at 5011 although minutes ....... Read More
Morning Investing Strategy Notes for Thu Apr 18 2024
For FullyInformed Members the morning Investing Strategy Notes for Thu Apr 18 2024 discuss the outlook for Thursday and a possible bounce or a move lower. There are trade ideas ....... Read More
Stock Market Outlook for Thu Apr 18 2024 – Deeply Oversold – Bounce Attempt Expected
Prior Trading Day Summary: Wednesday saw a bounce attempt at the open which managed to reach 5078 before selling once again pushed stocks lower. By 12:45 stocks looks almost ready ....... Read More
Morning Investing Strategy Notes for Wed Apr 17 2024
For FullyInformed Members the morning Investing Strategy Notes for Wed Apr 17 2024 discuss the outlook for a potential bounce on Wednesday. There are trade ideas outlined in Las Vegas ....... Read More
Stock Market Outlook for Wed Apr 17 2024 – Another Bounce Attempt
Prior Trading Day Summary: Tuesday found stocks stuck in a fairly tight trading range as investors remain worried about a potential Israeli retaliatory strike against Iran and what might be ....... Read More
Morning Investing Strategy Notes for Tue Apr 16 2024
For FullyInformed Members the morning Investing Strategy Notes for Tue Apr 16 2024 discuss the outlook for stocks for Tuesday and the chance of a bounce. There are trade ideas ....... Read More
Stock Market Outlook for Tue Apr 16 2024 – Deeply Oversold
Prior Trading Day Summary: Monday started the day as expected with a massive rally at the open and a push higher especially when retail sales came in stronger than expected. ....... Read More