End of Week Market Forecast

Discussion in 'Stock Market Today' started by Gray Wolf, Apr 8, 2016.

  1. Gray Wolf

    Gray Wolf Well-Known Member

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    Market Forecast is a daily video put out by TD Ameritrade and Investools. I like to make sure and listen to the one on Friday sometime over the weekend to help get a take on the prospects for what might happen on Monday's opening. David Settle is the one that usually does this but sometimes others will fill in.
    Below the video are the time frames you can skip to if you just want to listen to certain segments.



    0:00 to 1:42 – Introduction

    1:42 to 7:30 – Market Forecast posture – Posture remains strongly bullish and short-term signs still do not suggest a trend change is forthcoming…yet.

    7:30 to 13:41 – Other supporting technical charts – Other technical signs still do not offer enough evidence for anything more than a just a pullback of an existing strong bullish trend.

    13:41 to 24:48 – Intermarket Analysis and Sector Analysis – Markets showed risk off with weakness in typical bull market areas. But, recent history has shown bounce back in Q2 GDP led by stronger consumers.

    24:48 to 29:29 – Trade Application Idea – Bullish trade (Short put vertical) on JWN. Stock pulled back to previous low of a potential inverse H&S with long lower shadow. Also, premiums are high right now allowing for good timing of entry.

    29:29 to finish – Today’s QOTD and what to watch for tomorrow
     
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  2. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Hey, that's pretty cool JerryM, thanks for the Video!
     

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