US Stock Market Update - Wednesday 1/31 The Consolidation Continues...

in #trading7 years ago

Greetings fellow stock market investors and traders!

Here is your daily update on the stock market. Upvote if you find the information helpful, and follow for frequent updates on cryptos and stocks.

S&P 500 Performance Maps and Daily Candle Chart

1 Day Performance Map:

1 Week Performance Map:

Daily Chart Technical Analysis:

Yesterday's Chart

Today's Chart

Market Summary

I am still maintaining my short term bearish but long term bullish outlook. The stock market had a major run this month and now looks to be consolidating.

Stocks to Watch

1. AMAT, LRCX, and KLAC

These three stocks have been getting decimated this last week. Here are some good buy zones:

AMAT - Daily Chart

Analyst Recommendations

LRCX - Daily Chart

Analyst Recommendations

KLAC - Weekly Chart

Analyst Recommendations

I hope this was informative to you...

Disclamer:

I am not a financial adviser nor is this professional financial advice. These are just my opinions and you should do your own due diligence before making any investments.