Squeeze Into AMZN

April 28, 2023 (Investorideas.com Newswire) S&P 500 daily bullish call worked better than expected, and the road from META till AMZN earnings was indeed free from from bearish setbacks. Neither AMZN earnings aftermath did sink stocks, and the following call has also turned out true - the consolidation expected earlier in the European session and well before core PCE data announcement materialized as well.

France data on inflation and consumer strength though paint a worrying picture down the road, and that would force reappraisals of Fed tightening ultimately in the States too. My call for persistent and sticky (stickier than the central bank would be comfortable with) core inflation did also come to fruition, and for all the stock buybacks lifting up shares, would catch up with the stock market - and USD agrees.

I'm totally happy that you've been benefiting in these times, no matter what - thanks for all the client success stories you continuously tell me!

Keep enjoying the lively Twitter feed via keeping my tab open at all times - on top of getting the key daily analytics right into your mailbox. Combine with Telegram that never misses sending you notification whenever I tweet anything substantial, but the analyses (whether short or long format, depending on market action) over email are the bedrock.
So, make sure you're signed up for the free newsletter and that you have my Twitter profile open in a separate tab with notifications on so as to benefit from extra intraday calls.

Let's move right into the charts (all courtesy of www.stockcharts.com).

Credit Markets

This isn't a risk-on turn to trust, and quality debt instruments are to keep doing better than junk corporate bonds over the coming weeks. Poor market breadth wouldn't lift stocks and sort itself out along the way - the tech behemoths would once again find themselves leading the charge when much of the troops refuse to advance. We're still away from that moment though.

Thank you,

Monica Kingsley
Stock Trading Signals
Gold Trading Signals
Oil Trading Signals
Copper Trading Signals
Bitcoin Trading Signals
www.monicakingsley.co
mk@monicakingsley.co

All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.

More Info:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp