Last week saw the stock market take a deep breath. Perhaps investors should do the same… while they can. The furious rally off the February lows finally paused, with the S&P 500 slipping 1.2% last week.
The decline comes near an important confluence of technical resistance which has market bears excited. But a one to two percent decline is nothing but healthy consolidation… until it isn’t.
Ready for earnings?
As we move into the second week of April, investors will be greeted with the kickoff of corporate earnings season, as Alcoa (AA) reports on Monday. Will earnings play a role in the market’s next big move? Could they be a catalyst?
Here’s a few things to look for on that front, along with some great trading/investing disciplines and worthwhile market news. Enjoy this week’s edition of “Top Trading Links”.
MARKET, TRADING, AND INVESTING INSIGHTS
Shameless Plug: I chatted with Stocktwits on ‘The Must Follow Podcast’
Earnings insight as we enter earnings season – FactSet
Negative EPS guidance is at a 10 year high – FactSet
Savita Subramanian’s Q1 Earnings preview – Josh Brown
Q1’s earnings growth may be the low point in the cycle – Brian Gilmartin
First quarter recap – Frank Zorrilla
The Dollar/Yen may be near a major low – James Bartelloni
Here’s an interesting stat shared on Twitter via The Leuthold Group
Range Expansion marks the start of a new move – Pradeep Bonde
Big Money Traders are short T-Bonds – McClellan Financial Publications
Short Term Narratives vs Long Term Fundamentals – Columbia Threadneedle
An interview with Gary Antonocci – Quant Investing
Building your trading willpower – Brett Steenbarger
NEWS & RESEARCH
Startup deal funding falls to the lowest level in four years – Olivia Zaleski
Tencent’s WeChat is still in it’s infancy – Homa Zaryouni
How Amazon will kill your local grocer – Shelly Banjo
*TIP: read into this carefully* Oculus Rift Production has been temporarily halted due to a component shortage – Williams Pelegrin
Life Lessons from Famous Comedians – Ben Carlson
IBMs technology could be the key to accelerating AI advancement – David Cardinal
Thanks for reading and be sure to check back next weekend for another round of “Top Trading Links”.
Twitter: @ATMcharts
Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.