Today stock market (S&P500) was just +ve as predicted. S&P500 was up 0.18%.
Let's focus on tomorrow.
+ve(up) reasoning:
- S&P futures are up 0.13% now - S&P 500 E-Mini | Index Futures | Markets Insider (businessinsider.com)
- oil price is down - WTI CRUDE is down by 0.43%.
- 10-year yield slightly down - US10Y: 4.643% -0.019 (0.00%) (cnbc.com)
-ve(DOWN) reasoning:
- DOW futures are down - Dow Jones 30 Industrial | Index Futures | Markets Insider (businessinsider.com)
- Geo-political situation
Unknown:
- Some companies earnings.
- Consumer credit coming.
- FED members speech.
With these observations, I am guessing tomorrow (11/07/2023) will be +ve.
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