FullyInformed.com

Weekly Market Direction Forecast

Jul 14, 2013 | Stock Market Outlook

Stock market direction remains probably the most important factor when investing through stock and options. As regular readers know I am not a believer in buy and hold investing. Indeed, just about every concept from buy and hold to dollar cost averaging, to penny stocks and well you name it, I just don’t believe in. The main reason is simple. I like strategies that grow my portfolio every month and every single year. Through using my stock and option investing strategies, I am not dealing with “unrealized” gains or “paper” profits. When I close a trade, the profit immediately moves to my portfolio.  Each month trades end and profits build my portfolio. The compounding effect is obvious and unrelenting.

Market Direction Plays A Crucial Role

That said, market direction plays a crucial role. It is imperative that in general I am on the right side of the market direction. I want to profit from stocks whether they move up, down or sideways. If I put in place a trade that needs the stock market to move higher, then obviously I don’t want the market direction to sell lower. To that end each weekend I always review the past week and try to peer into the next week. It is actually not as simple as it may seem since there are many factors that can affect stocks and many are unknown factors that can seemingly come out of nowhere.

A good example would be Ben Bernanke’s comments this week. As one investor emailed me, “make up his mind for goodness sake”.  Who would have thought that Bernanke would suddenly jump back to the Quantitative Easing band wagon right after announcing consideration of scaling back Quantitative Easing! These are the types of factors there is no control over.

Weekly Market Direction Forecast Is Essential

But despite this, having some outlook for market direction is essential when deciding on the upcoming week’s possible trades and what strategies to use. Everything from how far out in time and how close to at the money I should be considering are just two examples of issues I must decide on each week.

For decades I have done a daily market direction outlook and a weekly forecast to enter into my trades. Since starting my FullyInformed website, I have been posting my daily market direction outlook each evening after the market closes.

Weekly Market Direction Forecast Added To Members Section

I will now be adding a weekly market direction forecast for FullyInformed Members that I hope will show investors how I approach the market direction and my trades and the decision-making process I go through for various stocks. The weekly forecast is important since it tells me the strategies I should be considering for the week and those I should stay clear of. Each weekly forecast will discuss the weekly strategies I am using as well as why they are being used. I hope the weekly forecast assists investors in deciding on their trades for the week.

To review my first weekly forecast, FullyInformed Members can login directly through this link or Members can sign in here. Non-members can join here.

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 Thu Mar 28 2024 – Choppy – Dips Likely – But Higher

Prior Trading Day Summary: On Wednesday investors returned and snapped up stocks that had drifted lower. The SPX bounced at the open and by the close it was up 45 points to close at 5248. The NASDAQ rose 83 points …

Morning Investing Strategy Notes for Wed Mar 27 2024

For FullyInformed Members the morning Investing Strategy Notes for Wed Mar 27 2024 discuss the outlook for Wednesday and comments on a possible correction and what it might entail. There are a number of trade ideas outlined including FedEx Stock …

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 …