2024-04-13 03:00:00 ET
Summary
- The S&P 500 established its last record high on the last Thursday in March, right before the long Easter weekend.
- Since then, stocks have bounced around – with a bit more volatility than we’ve been used to seeing lately – in a mostly directionless manner.
- The Q1 earnings season is officially underway as of Friday, with a handful of big banks leading the way.
With all due respect to T.S. Eliot, April is not necessarily the cruelest month - but so far, it has not been particularly upbeat either, as far as US equities are concerned. The S&P 500 established its last record high on the last Thursday in March, right before the long Easter weekend. Since then, stocks have bounced around - with a bit more volatility than we've been used to seeing lately - in a mostly directionless manner....
Read the full article on Seeking Alpha
For further details see:
Sideways, With A Splash Of Uncertainty