- the source for market opinions


April 20, 2024 | Tech Talk for Saturday April 20th 2024

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

Short term technical action by world markets remains focused on the Israel/Iran conflict. Growing uncertainties had a negative impact on equity markets and a positive impact on commodity prices last week.

First quarter earnings report season ramps up this week. Responses to results released to date have been mixed. Focuses this week are reports by five of the seven “Magnificent Seven” companies. Reports by Exxon Mobil and Chevron on Friday also will be watched closely.

Download (PDF, 297KB)

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

April 20th, 2024

Posted In: Tech Talk

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.