Stock Market Outlook for April 19, 2024
Short-term breadth indicators suggest that the equity market has become oversold, setting the stage for a near-term rebound in prices.
04.18.2024 | On This Day | Tech Talk
Short-term breadth indicators suggest that the equity market has become oversold, setting the stage for a near-term rebound in prices.
Read Full ReportThe prospect that the Bank of Canada may be gearing up to cut interest rates has pushed the Canadian Dollar down to multi-year support, a break of which could see a test of multi-decade lows.
Read Full ReportIncreasingly, economic data for March is coming in weaker than average as the mild winter weather benefit from February failed to carry over to the start of the spring season.
Read Full ReportWith the US dollar and yields on the rise, a derailment compared to the seasonal norm is presented, threatening the intermediate-term rising path of stocks.
Read Full ReportThis week, the market was reminded of the importance of the path of interest rates and the dollar for the strength of equity market performance.
Read Full ReportApple (APPL) is attempting to peg support at last October’s low, threatening to disturb the rotation away from the Technology sector that had been playing out over the past couple of months as its optimal seasonal holding period gets set to begin.
Read Full ReportShort-term breadth indicators suggest that the equity market has become oversold, setting the stage for a near-term rebound in prices.
04.18.2024 | On This Day | Tech Talk
The prospect that the Bank of Canada may be gearing up to cut interest rates has pushed the Canadian Dollar down to multi-year support, a break of which could see a test of multi-decade lows.
04.17.2024 | On This Day | Tech Talk
Increasingly, economic data for March is coming in weaker than average as the mild winter weather benefit from February failed to carry over to the start of the spring season.
04.16.2024 | On This Day | Tech Talk
With the US dollar and yields on the rise, a derailment compared to the seasonal norm is presented, threatening the intermediate-term rising path of stocks.
04.15.2024 | On This Day | Tech Talk
This week, the market was reminded of the importance of the path of interest rates and the dollar for the strength of equity market performance.
04.13.2024 | On This Day | Tech Talk
Apple (APPL) is attempting to peg support at last October’s low, threatening to disturb the rotation away from the Technology sector that had been playing out over the past couple of months as its optimal seasonal holding period gets set to begin.
04.11.2024 | On This Day | Tech Talk