trading week: April 18-22, 2016 –
This can be viewed the start of the earnings season: lots of earnings anouncement this week – and important Companies.
IBM and NFLX post on Mon, after close; GS and YHOO Tues after close; MSFT and GOOG Thur after close; CAT, GE and HON before the open Fri.
Market is flat in its uptrending move, and may show signs of exhaustion.
Stocks are at the highs of the year, risk is on possible downside movements. Stocks that miss expectations will fall hard – great short opportunities, day trading and swing trading.
Anyway, market will probe for support early and it should be able to recover – interesting long opportunities there, buying the bounces.
Some market traders point out this is the final push higher; feeling is the all-time high will not be updated. AAPL reports on Apr 25 and FB on Apr 27: that should mark the end of this rally.
Good trading with F-lab. We test market trading ideas and indicators with our software tools to support discretionary swing trading decision about USA stocks market.
(You may want to register to our newsletter… registration form at the top right).