There is no full technical analysis from Wednesday.
The tone of Fed Chair Powell’s speech was dramatically different as the Fed Chair finally seemed to realize that the hawkish path the Fed was on would probably result in ending one of the best economies in decades for the USA.
As many analysts remarked on Wednesday following his speech – “The Fed Blinked”.
There will be dips on Thursday in all 3 indexes, but the outlook has changed from down to up.
There are a lot of short sellers. That means dips are going to be used to try to get out of short positions. Dips will be shorter because of this. It should also mean some dramatic rallies lie ahead.
Stock Market Outlook Archives
Stock Market Outlook for Thu Apr 18 2024 – Deeply Oversold – Bounce Attempt Expected
Prior Trading Day Summary: Wednesday saw a bounce attempt at the open which managed to reach 5078 before selling once again pushed stocks lower. By 12:45 stocks looks almost ready ....... Read More
Morning Investing Strategy Notes for Wed Apr 17 2024
For FullyInformed Members the morning Investing Strategy Notes for Wed Apr 17 2024 discuss the outlook for a potential bounce on Wednesday. There are trade ideas outlined in Las Vegas ....... Read More
Stock Market Outlook for Wed Apr 17 2024 – Another Bounce Attempt
Prior Trading Day Summary: Tuesday found stocks stuck in a fairly tight trading range as investors remain worried about a potential Israeli retaliatory strike against Iran and what might be ....... Read More
Morning Investing Strategy Notes for Tue Apr 16 2024
For FullyInformed Members the morning Investing Strategy Notes for Tue Apr 16 2024 discuss the outlook for stocks for Tuesday and the chance of a bounce. There are trade ideas ....... Read More
Stock Market Outlook for Tue Apr 16 2024 – Deeply Oversold
Prior Trading Day Summary: Monday started the day as expected with a massive rally at the open and a push higher especially when retail sales came in stronger than expected. ....... Read More
Morning Investing Strategy Notes for Mon Apr 15 2024
For FullyInformed Members the morning Investing Strategy Notes for Mon Apr 15 2024 discuss the outlook for stocks for Monday as well as the third week as a whole. There ....... Read More
Stock Market Outlook for Mon Apr 15 2024 – Expect A Bounce
Prior Trading Day Summary: On Friday investors got better than expected bank earnings but sold bank stocks lower. The selling extended into other sectors until by the close the indexes ....... Read More
Morning Investing Strategy Notes for Fri Apr 12 2024
For FullyInformed Members the morning Investing Strategy Notes for Fri Apr 12 2024 discuss the CPI numbers released on Thursday and the outlook for stocks for the remainder of the ....... Read More
Stock Market Outlook for Fri Apr 12 2024 – All About Bank Earnings
Prior Trading Day Summary: On Thursday investors got a bit of good news. First the Weekly Initial Unemployment Insurance Claims came in lower than expected at 211,000. If the weekly ....... Read More
Morning Investing Strategy Notes for Thu Apr 11 2024
For FullyInformed Members the morning Investing Strategy Notes for Thu Apr 11 2024 discuss the PPI numbers due out today before markets open. There are trade ideas outlined in Wells ....... Read More
Stock Market Outlook for Thu Apr 11 2024 – Weakness and Lower
Prior Trading Day Summary: On Wednesday the CPI number was higher than estimates. For many analysts it meant that the Fed would probably delay any rate cut longer than expected. ....... Read More
Morning Investing Strategy Notes for Wed Apr 10 2024
For FullyInformed Members the morning Investing Strategy Notes for Wed Apr 10 2024 discuss the CPI numbers due out today at 8:30 and the 2:00 PM FOMC minutes.. There are ....... Read More
Stock Market Outlook for Wed Apr 10 2024 – All About The CPI Numbers
Prior Trading Day Summary: On Tuesday the morning saw stocks plunge but not as deep as on Thursday. That brought in the dip buyers who picked through the stocks and ....... Read More
Morning Investing Strategy Notes for Tue Apr 9 2024
For FullyInformed Members the morning Investing Strategy Notes for Tue Apr 9 2024 discuss Monday's sideways day. There are trade ideas outlined in some portfolios. The morning Investing Strategy Notes ....... Read More
Stock Market Outlook for Tue Apr 9 2024 – Morning Weakness Possible But Higher Close
Prior Trading Day Summary: On Monday low volume and lack of buying interest kept the market trading in a tight range. Some of the decline in volume can be attributed ....... Read More