9 Monster Stock Market Predictions For The Week of November 4
The week of November 4 will not have nearly as much newsflow, and that may mean that stocks can continue to move higher.

9 Monster Stock Market Predictions For The Week of November 4

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.

Otherwise, enjoy the column!

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For the week of November 4


Macro Mentions: SPY, XBI




The week of November 4 should be much calmer in terms of news and headlines. No Fed, fewer earnings, and less economic data. Hey, I also turn 42 on Monday. Happy Birthday To Me! 😀  How can it get better than that!

We also broke the 2,000 free email subscriber mark for the first time last week! We have come a long way over the past two-years! Thank you for the loyal readership!

S&P 500 (SPY)

The market powered higher last week, with the index finishing at 3,066. If we duplicate the move higher in October for the S&P 500 over the balance of the year, then we could finish the year right around 3,150. At least over the short-term, that may be the next significant level of resistance for the market.

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S&P 500, spy

It looks like the XBI broke out in a major and watch for the ETF to climb back to $85.25 the week of November 4, and potentially as high as $87.25.

xbi, biotech, week of november 4


Facebook (FB)

Facebook will continue to be on the watch list this week as the stock continues to find a direction following its results. If the stock can continue to hold support around $191, then perhaps it has some further to climb towards $203. If not, a decline to $180 seems likely, which is what I continue to believe is the most likely outcome.

facebook, fb

Roku (ROKU)

Roku will report results this week, and resistance is currently at $150. I think this stock is heading lower back to $135.


Disney (DIS)

Disney is breaking out of its falling wedge and has retaken resistance at $132. The options betting I observed a few weeks backs suggests the stock rise to around $137.50. I think that is the case. The results won’t matter much, commentary around Disney+ will matter most. The services goes live on November 12, and you can sign up now! 

Premium content – Here’s Why Disney’s Share May Climb

disney, dis

Netflix (NFLX)

Netflix has had a nice move off its lows and is now trending higher. The good news is that the stock has held support around $285, and that likely means shares are rising back to $300.

netflix, nflx

Beyond Meat (BYND)

Beyond Meat is hovering around support at $78. The bad news is that the stock is near a break down that could send it to $61. Ouch!

bynd beyond meat

Acadia (ACAD)

Acadia is perhaps the only company in the world that can post blow out top and bottom-line results, and then guides higher for the rest of 2019 and the stock goes lower following results. I think it finally does go higher this week and rises to $48.

acad acadia

Starbucks (SBUX)

It looks as if Starbucks finally broke the downtrend, and it appears it may have retested it too. If that is the case, the stock goes higher and retests resistance around $87.

starbuck, sbux

Have an awesome week –


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.

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