Stock Market Outlook and TraderLion Conference Day 1 Replay

Hi everyone,

Unfortunately I will not have that much spare time to publish my weekend market outlook. Most of my weekend will be taken up by hosting the TraderLion Trading Conference

In just a few sentences, breadth continues to expand as the biotech stocks continue to lead. We are also seeing traditional groups and tech rebound as well. This is constructive action from potential leadership stocks.

However, we still have a ways to go before we are in a full on bull market and you should continue to practice progressive exposure, manage risk tightly, and focus only on A+ setups.

Before we dive deeper, If you find my posts helpful make sure you are subscribed

Alright, lets get into it. The longer term trends of the indexes remains down, although many groups of stocks are forming higher lows.

We are right at potential resistance at the 10 week/50day line and the prior week’s highs. A constructive tight week would set up some great spots on charts as many leaders made moves last week and are a bit short term extended.

My stock market outlook is a beginning uptrend.

TraderLion Conference Day 1 Recording

I would highly encourage everyone to check out the recording of Day 1 of the TraderLion Conference.

It featured excellent presentations from Patrick Walker, Brian Shannon, Denise Shull, Mark Ritchie II, Anne-Marie Baiynd, and Joe Fahmy.

Here are the timestamps for each speaker

@PatrickWalker56 5:45

@alphatrends 1:51:00

@DeniseKShull 4:05:11

@MarkRitchie_II 5:45:15

@AnneMarieTrades 7:24:35

@jfahmy 9:04:58

You can tune in live to Day 2 tomorrow starting at 9am EST.

Here is the link:

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I hope you find the conference helpful! Also, Let me know your top idea for next week in the comments.

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Have a great weekend!

Richard