The underlying bid for stocks continues on. The S&P 500 gained 0.5 percent last week as investors digested earnings.
One nice surprise for bulls is how well investors have received bank earnings. Whether that reaction holds or not remains to be seen, but the banks have been very strong in April.
Looking forward, the market will continue to battle a thick band of resistance. And it may take some time to chew through it. On the S&P 500, that resistance starts around 2100 and runs up to all-time highs around 2130.
We are moving very quickly into the end of a seasonal period – will ‘Sell In May” come into play again this year?
Without further adieu, let’s get after it. Here’s the best of the week that was in the week’s “Top Trading Links.”
MARKET INSIGHTS
How Stanley Druckenmiller is a money making machine – Market Wisdom
Five Tips for getting started in ETF investing – David Fabian
U.S. Dollar Index is set to rally – Jeff York
Trading edge vs trading edge – Adam H. Grimes
Why Silver should continue to shine – Tom Bruni
There’s no secret about what’s going on with this chart – John Butcofski
Forward earnings estimates are actually backward looking – Jason Goepfert
Barry Ritholtz interviews Tom Dorsey
Succeeding greatly by failing often – Brett Steenbarger
Aswath Damodaran likes Valeant as a value investing idea. Chris Kimble sees a technical bounce setup in it as well
INVESTING NEWS & RESEARCH
Here come unregulated GMOs – Antonio Regalado
Twitter has momentum with teens – Gary Vaynerchuk
VC mega rounds slow to a crawl– CB Insights
More CRISPR companies are looking to come public – Alex Lash
Argentina had a record setting bond sale – Bloomberg
Another problem with fast food – Roberto Ferdman
Housing prices in San Francisco fell for the first time in four year – Akin Oyedele
Apple’s organizational crossroads – Ben Thompson
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.
