Sunday, March 31, 2019

Market Direction Week of April 1, 2019













Market Direction: BULLISH alert issued 1/10/2019


WE HAVE A NEW! "LAUNCHED: Stock on the Radar (STAR)" THIS WEEK.


Be a part of our book of the quarter community get 24 Essential Lessons for Investment Success: Learn the Most Important Investment Techniques from the Founder of Investment Business Daily. (Sponsored Link) Make the decision to be a lifelong learner.

Stock on the Radar (STAR)© is a service we provide. If there is a new stock strategy for the week we typically make it available Sunday evening. This allows investors time to research the strategy and decide if they want to take a position Monday when the stock market opens. Our competitive advantage is we provide our strategy for "FREE" to registered members.

Congratulations! Register below or login to get the next potentially explosive Stock on the Radar (STAR)© strategy. You be the judge.

Register here!

Market Direction Week Review: Stocks ended the week and the quarter on a high note, rising globally. The S&P 500 recorded its strongest quarterly performance in a decade, rising 13% and leaving the index 3% off its all-time high1. The market rebound during the quarter was fueled by the Federal Reserve's pivot in rate hikes, better-than-expected earnings results, and optimism that a U.S. - China trade deal will be reached. Small- and mid-cap stocks outperformed large-cap stocks, which in turn outperformed international stocks. Commodities were up significantly, driven by a 30% surge in oil prices following OPEC's production cuts.

How the market finished last week, the S&P 500 up 1.2%, the Nasdaq up 1.1%, and the Dow up 1.7%.

Trade stocks & options for as low as $1 until Independence Day 2019 at ZacksTrade (Ad)

Market Direction This Week: Next week is going to be as busy as it was this week on the economic front. Probably the two reports that have the most market-moving potential are Monday’s Retail Sales report and Friday’s monthly employment data.

The on-going U.S.-China trade discussions, Brexit votes on Monday and Wednesday are some other important market direction keys.

Expect volatility to continue this week as the index averages are near all-time highs.

For the market direction abroad, this week UK and China release PMI reports.

Economic Calendar: Retail Sales (4/1), ISM Manufacturing Index (4/1), ADP Employment (4/3), Employment Report (4/5)

Some of the major earnings announcements on deck: WBA, PLAY, STZ, LW, RPM.
$tockMarketDirection proprietary model is currently BULLISH. We strongly encourage you to monitor positions closely, exercise proper money management strategies and follow us at $tockMarketDirection for ALERTS we may issue advising a change in the current market direction. Stay tuned and follow us. If you have a testimonial or comment of how this website has helped you we would like to know, email us. Building a community of investors one trade at a time. Share with a friend. Cha-ching!


No comments:

Post a Comment