Stock Market Analysis

Sunday, March 29, 2015

What to Expect on Easter Week?

Welcome to Easter Week!

The market found a bottom and reversed itself following the huge 25 March dip last week, exactly how I said it would. This means that instead of selling (something you would probably have done in a panic if you have not read my analysis), you should actually have cost averaged or putting on new positions in anticipation of the next leg up (just like you would if you have joined my Master's Stock Options Picks service).

So far, the market isn't surprising us. Even though everything in the charts do suggest a good week ahead and that we should see a solid rebound from this area, Jobs Report is going to be released on Friday as scheduled even though markets will be closed. This means alot of investors might take profit on Thursday or Wednesday ahead of the long weekend, so expect some volatility.

Now, some of you might be expecting the market to go back into a volatile sideways channel between 2060 and 2110. If that is the case, you could also consider using neutral options strategies like the Iron Condor Spread.

For now, the market remains in short term neutral trend within an intermediate and primary bull trend.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home