HGSI Doc Top Down Review 4.25.2021
Previously published earlier today, on the HGSI Community Forum. For earlier access to Dr. Scotts Top Down Review, please register at HGSI Community Forum.
What a week in the markets. Broad-based sell-offs Monday and Tuesday. A brutal sell-off Thursday on leaks of the Presidential plan for capital gain and income taxes. Yet with a strong finish, the markets mainly finished unchanged on the week.
This week Is likely to have some significant news and earnings-based excitement. It is one of the largest of the year for earnings, with TSLA, MSFT, AAPL, GOOGL, FB, AMZN, BA, and F, among other major companies reporting. Add a Wednesday Fed Meeting with Announcement and Press Conference with Chairman Powell and a Presidential State of the Unions followed on Thursday with employment and GDP numbers, and you have all the ingredients for a big move. The only question is what direction. Plus, for the Sell in May crowd, this is the last week of April.
Please join me as I understand the various forces that will impact my portfolio and yours and end with a couple of attractive charts for those so inclined. As always, my presentation is for educational purposes only. I have nothing to sell. Any of my stock selections should be considered a teaching tool and not investment advice.
Have a great week.