Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
The TechWizard suggests recent volatiltiy in the Dow Jones average is an indication the bulls may be starting to lose the battle, ahead of infamous May.
Commodities consolidated and some buying emerged, but weak data and mixed earnings results are maintaining the pressure on Wall Street. Dow down 81. (Accessible only for subscribers before 10:15 AEST)
The Chartist reports the technical patterns for the S&P 500 are beginning to warn of a break to the downside.
It appears global markets may have woken up to the realisation the risk trade has run just too far ahead of global economic reality. Dow down 138. (Accessible only for subscribers before 10:15 AEST)
Ahead of the Herd’s Rick Mills looks at how Americans keep getting poorer and the problems this may pose.
The assumption that Boston was one small incident, along with some better US data and strong profit reports helped Wall Street rebound from Monday’s losses. Dow up 157. (Accessible only for subscribers before 10:15 AEST)
An assumed terrorist attack at the Boston Marathon occurred late in a session, which was already very weak on Wall Street due to China. Gold has collapsed. Dow down 265. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.