This week we have a stock market forecast for the week of 8/15/21 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!
Another week of drifting from the markets without any real increase in bullish or bearish pressures.
There are, of course, outliers that have moved, but they have been primarily low odds scenarios.
The S&P 500 (SPY)
The market keeps drifting higher without much passion in either direction. While it’s seductive to want to “jump on the train,” the odds at this point are poor. All it takes is one little geopolitical catalyst, and a market this overbought can snap back 5% in a matter of days. Continue reading "Weekly Stock Market Forecast"