Earnings earnings earnings and free trillions from the fed.
I'm going to say today, I would not be surprised to see profit taking tomorrow even after a stellar aftermarket rally.
Didn't even get to the opening bell and dow futures off triple digits.
Just as I thought...nasdaq holding up slightly but well well well off its highs...
And tonight apple and Amazon earnings will control the markets tomorrow.
Get ready for some volatility.
Why do you think so about Apple and Amazon?
Uhohhh
Will the stock market tumble back to its coronavirus lows in March? About 92 years of S&P 500 history says there’s a good chance
Published: May 1, 2020 at 5:07 p.m. ET
https://www.marketwatch.com/story/w...theres-a-good-chance-2020-05-01?mod=home-page
Because Apple has nearly a 5 % or so weighing on the dow and over 9% on the nasdaq 100
Amazon over a 10% weighing on the nasdaq 100
So yes very important for tomorrow's trading action after earnings after the close.