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Sunday, 03/01/2015 2:10:38 PM

Sunday, March 01, 2015 2:10:38 PM

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Prediction For Week of March 2 2015 is that the Bulls have a slight advantage over Bears.

The month of March can be described in one word according to the Stock Trader's Almanac: turbulent. It's not really a VIX spike sort of turbulence, although that could happen, it's more of a price swing situation. The month of March has been starting off strong with Bulls dominating, but sometime around middle to late March, Bears dominate.

Last week's testimony by Janet Yellen where she and Republicans started going at it was awesome. Janet Yellen is one tough cookie. I've seen men crack under that type of pressure but for Yellen, she holds her own.

In my opinion, the big news last week was the positive surprise in the Durable Goods report. Instead of coming in at 2%, it was 2.8%. That's a big surprise folks. Could this FINALLY be the start of what we've all been waiting for--the lower price of oil starting to show up in consumer demand? We need more data to know for sure.

Below is the weekly financial show, broadcast every Saturday evening on YouTube, where I talk more about the U.S. economy and stock market prediction for the week ahead. I was sooo sick when I did the show this week guys. Tried not to show it but had to keep stopping as I hacked a lung out.


Full report: Trading Algorithm Prediction For Week of March 2 2015

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