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Probably Just an Upward Correction, but...
April 26, 2018, 7:05 AMEarnings season is in full swing. We will see earnings releases from Microsoft, Amazon, Intel today. Stocks sold off on Tuesday, but yesterday's trading session was pretty neutral. Is this a short-term bottoming pattern or just quick flat correction before another leg down? We may see some more uncertainty ahead of earnings releases and investors will continue to react to bonds yield changes. There are still two possible medium-term scenarios.
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Earnings Seem Forgotten, All About Bond Yields
April 25, 2018, 7:03 AMTuesday's trading session was very bearish, as stocks continued their short-term downtrend despite some better-than-expected quarterly earnings releases. Investors reacted to rising bond yields. Will the market continue towards the early April local low? And will it break below its over year-long upward trend line? There are still two possible medium-term scenarios.
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All About Earnings
April 24, 2018, 7:03 AMStocks were little changed on Monday, as investors awaited quarterly earnings releases. The market fluctuated after Friday's sell-off. So, was last week's decline the beginning of a new downtrend or just downward correction before another leg higher? Investors' sentiment slightly improved following yesterday's earnings release from Alphabet, Inc. (Google), but we may see more short-term uncertainty. There are still two possible medium-term scenarios.
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Stocks Lower Again as Plot Thickens in Earnings Play
April 23, 2018, 7:02 AMBig-cap tech stocks led the market lower on Friday, despite coming quarterly earnings releases. Was this a downward reversal or just quick correction before another leg up? It seems that the stock market will open virtually flat today, so there may be some more uncertainty after Thursday-Friday move down. There are still two possible medium-term scenarios.
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Bounce Off Resistance, What's Next?
April 20, 2018, 7:03 AMDownward reversal or just quick correction before another leg up? Stocks went down on Thursday, as investors took short-term profits off the table following recent run-up. Quarterly earnings releases supported bulls but it seems that the rally may be fading here. There are still two possible medium-term scenarios.
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