Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
Your email will always remain private.

Market Lab Report - Premarket Pulse 4/25/16

Major averages finished down to flat Friday on higher volume, adding yet another distribution day onto the NASDAQ Composite, though financials came out ahead.

Disappointing earnings from tech juggernauts such as GOOG and MSFT kept the NASDAQ in the red all day. Despite the lackluster showing on the major averages, NYSE adv/dec came in 2:1 and NASDAQ came in 16:10. Still, the number of quality actionable stocks remains slim while leading stocks continue to come under fire.

The Dow and S&P 500 are coming up against old highs which can serve as resistance much as they did in 2015, so reversals of some magnitude can occur.

The Federal Open Market Committee will announce its latest rate decision after a two-day meeting on Wednesday at 2pm ET. Given Yellen's position on keeping a close eye on the global economy which remains in a funk, rates are likely to stay put. Her testimony will be closely monitored for any change in language regarding any additional rate hikes this year.


Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy