| Market Outlook | |
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CAUTION |
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.Bias |
POSITIVE |
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.BLI |
POSITIVE |
| Extended Forecast | |
| STOCK MARKET OUTLOOK |
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CAUTION Caution indicates a neutral stance on the stock market; stocks could be up one day down the next; trading range. Forecast was change on July 27, 2010 Forecast was previously changed on July 1, 2010
The Market Barometer Forecast is a product of the models that run at particular times of the day, like pre-open, open, post open, etc. The Forecast can be positive, caution, or negative. |
CHALKBOARD Tuesday, July 27, 2010, 2:48p ET The forecast changed to caution from negative. Model data continues to indicate foundation-building underway. But does that quash the fear of the market dropping further? No. |
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POSITIVE A positive Barometer Leading Indicator (BLI) suggests that a more sustainable positive U.S. stock market; support/ resistance levels are being tested with neutral results; conditions continue to improve causing the model data to boast. Leading Indicator was change on July 22, 2010 Leading Indicator was previously changed on July 13, 2010 Market Barometer Leading Indicator is a product of the models that run at particular times of the day. midday, pre close, and post close are some of the scheduled run times. The Leading Indicator can be positive, neutral, or negative. |
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POSITIVE A Positive Bias indicates conditions continue to improve with the probability of further upgrades. Bias was change on July 23, 2010 Forecast Bias was previously changed on July 21, 2010 The Forecast Bias is a product of the models that can run at any time deemed necessary. Big news event or political happening are times that models can and do run. The Forecast Bias can be positive, neutral, or negative. |
Remember!!! Forecasts are only good for the fundamentals of the market; news can change the direction of the market; forecasting cannot predict events with 100% certainty. |
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