Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 01/30” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) With the earnings season kicking off in full swing, today’s market action was primarily driven by the latest batch of mixed earnings reports. Confidence remained capped ahead of Fed Chairman Jerome (more…)
Earnings, China, Venezuela, and the Fed! That’s a Lot on The Agenda this Week! Besides key earnings, the boiling geopolitical situations, the Fed meeting this week, and the key technical levels…there is a lot riding on this week’s market agenda, which could cause occasional wild gyrations. As we have been indicating since 01/09, the index (more…)