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AlphaPicks On Wall Street - April 3rd
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AlphaPicks On Wall Street - April 3rd

After a thorough weekend review, here are ten ideas for you to capitalise on the markets this week.

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AlphaPicks
Apr 03, 2023
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AlphaPicks On Wall Street - April 3rd
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The story last week was bullish. Very bullish.

After bouncing from Tuesday's lows, SPY rose 4%, and QQQ moved nearly 5.5%. However, for much of the week, the theme was an overnight gap up and chop throughout the US open. However, Friday provided a nice trend with tech names flying.

Stocks are on the back foot to start Monday, and the dollar rose with Treasury yields as a surprise production cut from OPEC+ drove oil prices about 5% higher.

The group’s decision to reduce output by more than one million barrels a day came as a jolt to global markets, sending US and European share futures lower, along with a gauge of Asian equities. 

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