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Stock Market Report for 4/19/12

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For the past several days the broad market has been range bound, bouncing between 1350 and 1425 on the S&P 500.  Although the market appears as if it wants to sell off into the general election, I believe there is a good chance the market will challenge 1425 one more time before the eventual sell off.  After several disappointing earnings over the past two days, I expect Friday will open lower, but rebound throughout the day.

According to my daily scans there are only 4 S&P stocks showing significant positive expectancy over the next 5 trading days while 33 stocks are showing significant negative expectancy.

S&P Stock Report

 


Welcome to Stock Market Reports

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We plan to provide useful stock market reports and analysis about where we believe the broad market is headed. Our analysis of the market will include technical,fundamental, and statistical analysis of current market conditions. Included in these reports will be both long and short opportunities that we will be watching.

Disclaimer:
We do not recommend  you make purchasing decisions based on our reports. We offer no investment, or financial advise. These market reports are intended to be used for entertainment purposes only.