Stock Market Predictions and News

[Stock Trading Guru]

Stock Market Prediction for Week of February 16 2015.

Bulls just continue to dominate the market. Once again, the TICK picked up institutional buying last week on Thursday, February 12, 2015.

The only cautionary signal is $SPX to the $NYAD which did a negative divergence. The Tuesday after President's Day is usually a down day for markets according to the Stock Trader's Almanac. Is that what we are detecting on the negative divergence between $SPX and the $NYAD? Even so it could be nothing more than a little pullback early next week, after the big week last week.

Keep your eyes on the FOMC Minutes next Wednesday, February 18, 2015. Look for the word "patience". We are using the 2004 playbook where, when the Federal Reserve drops the word patience, rates will be raised soon after.

Full Weekly Report: Stock Market Prediction For Week of February 16 2015