7 Monster Stock Market Predictions For The Week Of March 2
Stocks will try to rebound the week of March 2, and the only thing that will matter is what happens at 2,855.

7 Monster Stock Market Predictions For The Week Of March 2

This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.

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MARCH 1, 2020




Join me and the members of Reading The Markets on March 5 at 9 PM ET for an exclusive webinar. It is live, and I will be reviewing as much I can about the current state of the market, and will have a live Q&A session. But you have to sign-up to get on the webcast. Premium content – The Revenge Of The Bears Webinar March 5, 9 PM ET

It will be an insane week for sure, no matter what happens or what the headlines are, so forget them. The only that matters this week is that the S&P 500 holds the lows from Friday morning of 2,855.84. That’s it. Premium Content – The Only Thing That Matter For The Week Of March 2

Forget about China PMI; it doesn’t matter. If the S&P 500 holds that level of 2,855 this week, and we get the VIX back down below 30, and 10-Year Treasury yields come up some, then perhaps we can begin to hope the storm is passing.

S&P 500 (SPY)

Throw all the negative headlines you can at the S&P 500 this week. As long as 2855 holds, that is all I care about. There is nothing more important. Lucky, we went out on Friday around 2,954, so it gives about 3.5% to drop to get back there. Yeah, one day’s worth of buffer. But again, I don’t care, lets hit that level early Monday, bounce, and then test it the rest of the week. The more it gets tested and the more it holds, the better.

Nothing else matters.

S&P 500, Nothing else matters.

S&P 500, spx

Otherwise, we probably fall to 2,736, a drop of another 7.5% from Friday’s close, and at that point around 20% off the highs.

S&P 500, spy

I believe that 2,855, will hold and the S&P 500 will snap back this week, climbing back to 3,150.


Weeks like this, the stocks that matter the most are the generals, these are your market leaders, the heavyweights.

Microsoft (MSFT)

Microsoft, jumps back to $174 after finding suppor around $152.

microsoft, msft

Apple (AAPL)

Meanwhile, Apple bounces back to $295.

Apple, aapl

Amazon (AMZN)

Amazon snaps back to $2,034.

Amazon, amzn

Alphabet (GOOGL)

Alphabet snaps to $1440.

Alphabet, googl

Tesla (TSLA)

Tesla rises to $775.

tesla, tsla

Alibaba (BABA)

Alibaba back to $222.

Alibaba, baba

That’s its folks, focus on what the market says, not the headlines. If the market is truly washed out, the negative headlines will not matter. Again, the only thing that will matter is Friday’s lows of 2,855 on the SP500. If that holds, then I think the worst may be over.

I happen to think it will hold. Premium content – Bottom Or Not The Coincidence Seems To Be More Than Chance

To everyone, good luck! Just remember it always darkest before the dawn. I’m willing to bet the sunrises, and the world as we know it moves forward.


Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.