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Last weekend, in my Market Forecast , I wrote: " For the new week, if SPX can push above 1080, the market could rally higher to test 1100. Above 1100, 1120 is the next resistance. Tech stocks should continue higher if the market environment is strong. Gold is ready to push higher. We'll also...

Last weekend, in my Market Forecast , I said, " For the new week, the market will start on some shaky grounds. Once again, it's mostly about the earnings! On Tuesday, before the market opens, C reports, and after the market, we'll hear from IBM. These could set the tone for the broader market...

Last weekend, in my Market Watch , I wrote: " For the new week, the earnings reports are going to be the driving force. The market has run up for 5 consecutive days and may need to rest and trade sideways to start the week. INTC and ALTR will report after the market on Tuesday. On Wednesday, JPM...

Last weekend, in my Market Forecast , I wrote: " For the new week, the market seems to be in a consolidation phase. Both SPX and Nasdaq are displaying a new "bearish" crossover in the MACD. VIX could test 27 from here. The 20-day MA will be the initial support for the market indices. If...

Last weekend, in my Market Forecast , I wrote: " For the new week, the market still looks very vulnerable. The market would have to overcome a lot of downside pressure to push higher. Goldman Sach's (GS) earnings on Tuesday morning could decide the market's near-term fate ." Indeed...