AlphaPicks On Wall Street - May 1st
Your personal investment analyst. All the prep you need ahead of the week.
Last week had some big swings as earnings carried on in full force.
The S&P 500 dropped 1.5% on Tuesday but had an amazing recovery on Thursday, rising 1.6%.
The weekly and monthly charts closed nicely for indices. But ultimately, they were still within a tight April range.
The upcoming week brings us FOMC and AAPL earnings. The FOMC will likely bring some volatility as the markets are pricing in an 83% chance of a 25bps hike.
After scanning hundreds of charts across equities, FX and commodities, here’s our rundown for the week ahead.