The week of March 23 will be a wild one, and here are seven stock market predictions to get you ready to go.

7 Monster Stock Market Predictions For The Week of March 23

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 22, 2020



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Michael Kramer and the clients of Mott Capital own AAPL

The week of March 23 is going to be a wild one again after a horrible last week. The options market is suggesting that the SPY rises or falls by 9.3% from the $230 strike price, based on the long straddle options strategy for expiration on March 27. It puts the ETF in a trading range between $208.60 to $251.40.

S&P 500 (SPY)
The S&P 500 saw a low of 2,270 on Wednesday, and that maybe the big level to watch this week, with a break below 2,270, sending the index to around 2,190. The following level of support comes around 2,080, and the lower bound of the trading range being suggested by the options market.

S&P 500, spx

Apple (AAPL)

Apple fell below support at $235, and that means the stock is likely to continue falling towards $225.

aapl, apple

Amazon (AMZN)

Amazon broke the uptrend this week and is now sitting on support at $1825, with the next level of support coming around $1760.

amazon, amzn

Roku (ROKU)

Roku has been trending higher, but is approaching resistance at $81, and break of that uptrend sends the stock lower back towards the lows at $58.


JPMorgan (JPM)

JPMorgan is trading above an essential level of support at $81, with a break sending the shares lower to $71.


Boeing (BA)

Boeing is now trading below $102 and is likely to move even lower to $70.25.

Boeing, ba

PayPal (PYPL)

PayPal is nearing support at $85.60, and a break of that support could send the stock lower towards $74.50.

paypal, pypl

Try to have a good week!


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