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2024-04-17 08:35:00
We warned that higher oil prices and inflation would return in a second wave. Here we are and it is high time to review portfolios
On the positive side, the indices are already oversold. We are entering the earnings season, which is usually a good time for the stock market. Today's trading could be very telling. The bears will be looking for a third leg down, but the bulls will be hoping for a morning star to save the trend. And with the market oversold, we will at least see a test to the upside today. In any case, we are entering a market with higher volatility, as is usual in the spring.
All in all, this is a traders' market!