I am trying to predict the S&P 500 direction tomorrow(10/16/2023)
I hope the market will a bit positive tomorrow . Reasoning
- WTI oil price seems negative on 10/15/2023
- S&P500 futures are up - 0.24% and DOW futures up 0.20%
- I don't see much market calendar news - except Philadelphia Fed president talk. I don't know he goes hawkish !!
Some of the things can go wrong and affect the market negatively tomorrow
- Geo-political news ( Israel vs Palestine )
- Some of the financial institution reporting earning - Not sure that's going to be negative . JP Morgan was +ve and still stock was down Friday .
I still predict a +ve day on tomorrow (10/15/2023)
Let's see what happens tomorrow . Note : this is not a financial advise. This is just my notes and analysis
No comments:
Post a Comment