Day Ahead: What Can Change the Tone?
While perusing SEC filings last night, I took a passing glance at the S&P 500 month-to-date chart. It has been a peculiar month to handicap for the pros (who were long into earnings season) and extra hard for the average investor (also long into earnings season as they followed the advice of the pros).
First-quarter earnings are likely to go in the history books as surprisingly robust. Yet, if you can extricate yourself from the trading screen, it's obvious that every attempt at a sustained march higher gave way to renewed selling, creating a mild correction (it doesn't feel comparable to a typical correction, maybe a slow bleed out)....693 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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