Monday Market Momentum – Nonetheless Heading Increased?


ImageUp and up we go.

In fact Europe is closed on Easter Monday so it is a very low-volume affair and we’ll should see what sticks this week. We’ve got just a few early earnings experiences however nothing Earth-shaking.  Earnings experiences begin in earnest subsequent Wednesday, with JPM, GS (and that is all we have to know) together with Wells Fargo, Progressive, First Republic and Mattress Tub and Past – an excellent combine to begin earnings season off with.  

Till then, we proceed to tread water in skinny air (there is a blended metaphor!) and we’re skinny on Fed speech this week although Powell speaks on Thursday.  This morning we have now PMI, ISM and Manufacturing unit Orders, JOLTS tomorrow, Housing, Commerce and Fed Minutes Wednesday, together with Shopper Credit score, nothing Thursday and PPI and Inventories on Friday.  Form of boring, truly.

IN PROGRESS

 

 

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