December 16, 2017

Citi & Retail Sales aid rally

Index & Sector performance 4/14/14

 

The Market:

The S&P 500 started lower in Sunday’s overnight session but quickly found a bottom and moved off the lows into early trading.  Met with better than expected retail sales and an earnings beat by Citigroup (C), the rally continued until just after noon ET before topping out and starting a slide back toward the overnight lows.  It appeared the market was yet again faced with a late day sell off but with one hour left in trading the S&P 500 found a bottom and snapped back toward the highs of the session.

The market still appears vulnerable to more downside but may try to use the short term oversold levels and shortened holiday trading week to bounce.

 

Economic Calendar week of 4/14/14

 

Reporting EPS 4/15/14 Pre-Market:

Companies reporting EPS 4/15/14 pre-market


Analyst Comments:

Upgrades 4/14/14

Downgrades 4/14/14

Initiations 4/14/14

Price Target Changes 4/14/14

Comments are closed.