Forecasts & Analysis | Indices
S&P 500 Price Forecast – Stock Markets Continue to Rally On Retail Sales
The S&P 500 has rallied significantly during the trading session after the retail sales numbers in America came out much stronger than anticipated.
Citigroup Q1 Earnings Blow Past Estimates; Target Price $83
New York City-based investment bank Citigroup reported better-than-expected earnings for the first quarter, largely driven by improvements in the macroeconomic outlook and lower loan volumes.
European Equities: Corporate Earnings and Economic Data from the U.S in Focus
With stats from the Eurozone limited to finalized inflation figures, economic data from the U.S and corporate earnings will be in focus today.
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – In Position to Post Closing Price Reversal Top
The direction of the June E-mini NASDAQ-100 Index into the close will be determined by trader reaction to 13975.75.
E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Reaction to 33570 Sets Tone into Close
The direction of the June E-mini Dow Jones Industrial Average futures contract into the close is likely to be determined by trader reaction to 33570.
E-mini S&P 500 Index (ES) Futures Technical Analysis – Momentum Could Shift on Close Under 4132.75
The direction of the June E-mini S&P 500 Index into the close on Wednesday is likely to be determined by trader reaction to 4132.75.
S&P 500 Price Forecast – S&P 500 Continues to March Higher
The S&P 500 has rallied a bit during the trading session again on Wednesday, as we continue to grind higher through earnings season.
Wells Fargo Q1 Earnings Blow Past Estimates on Release of Loan Loss Reserves; Target Price $47
San Francisco, California-based multinational financial services company Wells Fargo reported better-than-expected earnings in the first quarter, largely driven by the release of $1.6 billion in its reserves for credit losses.