This Week In Stocks - May 20

Trader, Analyst, Mentor with 50 years experience in the financial markets - Host askSlim • May 20, 2018 at 4:51 PM EDT

For this week, our analysis of the S&P 500 is for a decline to around 2680 early in the week and then rise back to its previous levels. , This week is where we see the most risk, once the declining phase of the current market cycle sets in.

According to the askSlim Stock Index Report for this week, our analysis of the S&P 500 is for a decline to around 2680 early in the week and then rise back to its previous levels. Overall, we see a roughly unchanged week. In the following week, this week is where we see the most risk, once the declining phase of the current market cycle sets in. In our recent Big Picture Analysis, we argued that a period of risk was approaching in the period of May to July 2018. We did not however expect the Russell to make all time highs during this time. Our analysis that we are entering a period of risk still holds, however we are less bearish than we have have been in the past.

Disclaimer:

So many commentators talk about a stock market crash, bust or boom just to make it exciting. Slim looks at things very differently, applying his unique cycle analysis to nearly 400 widely held stocks, futures and ETFs. Watch Slim's very popular short-term view of the markets every week. And, contrary to most analysts, he holds himself accountable to his analysis each week. Also, there are interviews of coaches, traders and other market pros, along with an occasional political rant. Slim is still an active trader in index futures, gold, silver, bonds, oil, dollar, euro, stocks and options. He is also a trader coach and hedge fund consultant.

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