Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Wednesday, 04/17” will be posted around 8:30am EDT, Wednesday. THE GIST (“THE WHAT”) As first-quarter earnings continue to trickle in, better-than-expected results lifted the S&P 500 index higher at the open. Weakness in Real Estate and Health Care stocks amid rising risk-appetite, however, overshadowed gains in (more…)
TODAY IN THE MARKET – MON 04/15
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 04/16” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) Bank earnings remains in focus with Goldman Sachs and Citigroup failing to matchup to the rosy picture painted by JP Morgan Chase & Co. last week. Pulled down by falling bank stocks, the (more…)
TODAY IN THE MARKET – FRI 04/12
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Monday, 04/15” will be posted around 8:30am EDT, Monday. THE GIST (“THE WHAT”) Robust results posted by JP Morgan Chase & Co set a positive tone for the corporate earnings season, lifting the S&P 500 index above the consolidation range it was confined to and closing (more…)