David Weis Stock Market Update Nightly Report 2014-2019 – Overview
David Weis Stock Market Update Nightly Report 2014–2019
David Weis was a highly respected trader and market analyst with over 40 years of experience specializing in futures markets. Starting his career as a broker and analyst at Conti Commodities, Weis quickly distinguished himself by completing the renowned Wyckoff Course offered by the Stock Market Institute, becoming one of the leading practitioners of this technical analysis method.
During his career, Weis served as the Director of Technical Research for Conti Commodities, where he authored their influential weekly technical market letter. He later became the editor of the Elliott Wave Commodity Letter, published by Robert Prechter, a pioneer in Elliott Wave theory. After four years, Weis launched his own publication, the Technical Forces letter, further cementing his reputation as a skilled market technician.
From 2014 through 2019, Weis published the Stock Market Update Nightly Report, a concise but highly insightful daily newsletter focused on interpreting price and volume behavior in key futures markets such as the S&P 500. His analysis incorporated a blend of techniques, including daily and 3-hour charts, Point & Figure analysis, and the proprietary Weis Wave methodology, which tracks volume waves to identify supply and demand shifts.
Weis’s reports also emphasized the interconnectedness of markets, highlighting relationships between the S&P 500, the U.S. dollar, interest rates, and commodities. This holistic approach helped traders better understand market dynamics and potential turning points. Despite its brevity—typically just a single page—the nightly report was highly regarded for its clarity and actionable insights, making it a valuable tool for professional and retail traders alike.
In addition to his reports, Weis authored Trades About To Happen: A Modern Adaptation of the Wyckoff Method (Wiley & Sons, 2013), a seminal work that modernizes the classic Wyckoff methodology for today’s markets. This book remains an essential resource for traders seeking to apply volume and price analysis to identify high-probability trades.
David Weis’s Nightly Stock Market Updates remain influential and widely studied, continuing to inspire traders aiming to master the art of technical analysis and market behavior.
