Premarket - S&P 500 prediction for 10/17/2023

As I guessed 10/16/2026 prediction was correct and S&P 500 was up for 1.06%.

Let's talk about tomorrow's market -

+ve cases:

1. S&P futures are up 0.040% and DOW futures are up 0.050%
2. Seems like todays earning reports were good - SCHW - SCHW 53.72 +2.39 +4.66% : Charles Schwab Corp - MSN Money

- ve cases:

     1. WTI oil price is 0.10% up

     2. Geo political situation 

     3. Fed presidents talks

    

Unknown: Earning reports from companies tomorrow - https://markets.businessinsider.com/earnings-calendar

This prediction is going to very tough. But since its might be a start of Santa Claus rally and tomorrow earnings might not be that bad, I would guess a +ve day tomorrow.

This is not a financial advise. Just my thoughts and notes from analysis.