Market Update Pro

Weekly edition of the Daily Market Update featuring Lee Adler’s proprietary cycle analysis and cycle screens of big cap stocks and ETFs, with market trend and position opinions and occasional chart picks. Click here to subscribe. Subscribers, click the post headline to access reports.

Is It Time To Go Top Fishing?

SPX is still within its intermediate uptrend channel. Resistance is suggested just above 2400. Clearing that would open the way for a move to 2450.   But there are also faint signs of possible top formation. I’m holding the longs but adding a couple more shorts to our trading list. Market Update Pro subscribers click here…

What Happens to Stocks When and If Resistance Melts

The SPX has set up a meltup channel. Cycle projections point modestly higher. Here’s what needs to happen to stop that, and what’s likely to happen, if resistance melts. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the…

Could the Market Be Targeting SPX 2500?

The SPX marched higher to hit a multiple trendline convergence. These often mark short term pivot points. But what if this time it doesn’t. Here’s what to look for. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the…

How Extended Will Extended Market Get?

The stock market is extended, but could get even moreso in the weeks ahead. Here’s what to look for. Click here to subscribe now and see. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the Market Update Pro…

Not Much Higher

A mixed bag of technicals point slightly higher, but we continue to hold both long and short trading picks. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the Market Update Pro risk free for 90 days If, within…

All Quiet On The Western Front

The market spent last week marking time in a tight trading range, waiting for the big events of this week. Some analysts have opined that they expect the inauguration of Krusty the Klown to be a sell the news event. There are some new technical signs that suggest that that could be a definite possibility. Here’s what…