The Outlook I am expecting a rally attempt but either sideways into the close or slightly lower. I am expecting lower volume today ahead of the elections tomorrow. Thursday we get the FOMC interest rate decision at 2:00 PM. This promises to be a choppy and probably volatile week. Limited Trading For today I will be taking on fewer trades ahead of...
The Outlook For Friday the jobs numbers are important to the market starting strongly. If the numbers are around 115,000 or slightly more, the index should rally. If the number of jobs created are too high or too low there is a good chance stocks could tumble, bond yields could rise and the index end still lower. For Thursday I had expected a...
The Outlook Earnings on Wednesday after the close were a mix but in general investors felt a lot of the earnings did not meet expectations. Earnings were good with many stocks but investors were looking for stunningly good earnings beats and many stocks did not provide that. For that reason the morning will be weak on Thursday. As well the...
The Outlook I am expecting another higher close today. Choppy trading is likely and dips are probable. I will be focusing on the Trade Ahead Of Earnings Strategy setups listed below. In particular I will not miss Microsoft Stock (MSFT), Meta Stock (META) and DoorDash Stock (DASH). I expect stocks will stay steady today and climb slightly as we...
The Outlook The outlook is higher for stocks on Tuesday as at the open we get earnings from McDonalds (MCD), PayPal (PYPL), Royal Caribbean Cruises (RCL), D R Horton (DHI), Novartis (NVS) and MSCI (MSCI) among other stocks. Each of these stocks will provide investors with a good indication how various sectors of the economy are faring. I am...
The Outlook Monday should see a bounce to start the day. Oil prices eased on the weekend. If treasury yields would dip, even slightly we should see a positive day. There is still a good chance that any bounce on Monday will be given back but this week we get earnings from many big cap stocks and that should assist the bulls in keeping the market...