5 Minute Read

Market Trend Report 4-28-2014 Monday

April 28, 2014

By | No Comments

Market Trend

Dow Jones Industrials – ETF,  DIA  –  Neutral

S & P 500 – ETF,    SPY – Neutral

NASDAQ – ETF,    QQQ – Bearish to Nuetral

Russell 2000 – ETF,    IWM  – Bearish to Neutral

Economic Calendar 

NEXT WEEK’S U.S. ECONOMIC REPORTS
TIME (ET) REPORT PERIOD ACTUAL FORECAST PREVIOUS
MONDAY, APRIL 28
10 am Pending home sales March -0.8%
TUESDAY, APRIL 29
9 am Case-Shiller home prices Feb. 13.2% y-o-y
10 am Consumer confidence index April 83.0 82.3
10 am Rental vacancy rate Q1 8.2%
WEDNESDAY, APRIL 30
8:15 am ADP employment April 191,000
8:30 am GDP 1Q 1.0% 2.6%
8:30 am Employment cost index 1Q 0.5% 0.5%
9;45 am Chicago PMI April 55.4 55.9
2 pm FOMC statement
THURSDAY, MAY 1
8:30 am Jobless claims 4/26 N/A 329,000
8:30 am Personal income March 0.5% 0.3%
8:30 am Consumer spending March 0.6% 0.3%
9:45 am Markit PMI April N/A
10 am ISM April 54.3% 53.7%
10 am Construction spending March 0.6% 0.1%
TBA Motor vehicle sales April 16.5 mln 16.3 mln
FRIDAY, MAY 2
8:30 am Nonfarm payrolls April 225,000 192,000
8:30 am Unemployment rate April 6.6% 6.7%
10 am Factory orders March 1.4% 1.6%

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis.  This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise.  Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products.  By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials.  In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

 

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Chart Modal

Tackle Trading

Book a FREE Consultation

Sign up for a free consultation to build your Educational Plan.