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April 8, 2023 | Tech Talk for Saturday April 8th 2023

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

The calm before the storm! Frequency of first quarter reports by S&P 500 companies starts slowly next week and ends in a rush on Friday. Initial focus is on reports released by major U.S. banks. Consensus calls for a year-over-year drop in first quarter earnings by S&P 500 companies of 6.6%. Responses to initial reports will set the stage for performance by North American equity indices for the next three weeks.

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April 8th, 2023

Posted In: Tech Talk

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