10 Monster Stock Market Predictions For The Week Of March 9

The volatility during the week of March 9 is likely to continue, and bonds are likely to be wild as well. I think the move lower in yields is pretty much complete at this point, and we should see them reverse higher. (Premium Content – 3 MOST IMPORTANT INDICATORS TO WATCH FOR THE WEEK OF MARCH 9

I think we might even see the 10-year rise back to 1.05% this week.

10-year

Spreads 

The move higher in yields will be a result of spreads between US and German Bunds expanding after a steep sell-off this past week, perhaps moving back to roughly 1.75%. Premium content – The Spreads Causing Dislocation

spreads

S&P 500 (SPY)

This should help the equity market recover some and potentially move back to 3,125. The pattern almost appears to be an island reversal, if so that would also be a bullish indication.

S&p 500, spy

Volume on both of those bottom days was much higher than other days, so maybe it is that reversal pattern. We can wait and see. It won’t be easy that’s for sure. I have plenty of friends and readers thinking we continue even lower. Makes me feel like I’m out here all alone, not a great feeling. 

Of course, if we do not bounce and fail at support around 2,875, then we are likely to retest 2,855, which is extremely important and must hold to avoid even more considerable declines. 

S&P 500

Apple 

Apple (AAPL) will have to be one of those stocks that will need to lead everything higher, maybe moving back to $301. Premium content Apple’s Stock May Be Heading Back To Its All-Time Highs

aapl, apple

Microsoft 

Microsoft (MSFT) will have to be another stock leading the way higher with a potential push towards $173.50

microsoft, msft

Micron  

I’d like to see Micron (MU) push higher, potentially back to $55.60. After I was seeing more bullish bets being placed in the stock on Friday. Premium content- Micron Update, More Call Buying

micron, mu

Broadcom

It will be a huge week for Broadcom (AVGO), and I care very much what they say, and you should too. This is the must-watch earnings call of the week. A push back to $290 seems reasonable.

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Disclaimer: This article is my opinion and expresses my views. Those views can change at a moment's notice when the market changes. I am not right all the time and I do not expect to be. I ...

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