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Stock Market Timing Television – 06272023

  • Weakness expected this week but not aggressive selling.
  • Bullish bias expected due to month-end, quarter-end, and holidays.
  • VIX close above $14.52 needed for buy signal.
  • Dow down for six days due to Walgreens, already on a sell signal.
  • S&P 500 and Nasdaq on sell signals as of Monday’s close.
  • Tesla, Nvidia, and Microsoft back on sell signals.
  • Apple still on buy signal while Amazon hit next price target.
  • Commodity prices for crude oil and gasoline are sloppy.
  • Natural gas hit next price target, gold and silver quiet
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