Q1 earnings season is virtually over. While the S&P 500 chart is showing a consolidation, Randy Frederick from Charles Schwab wouldn’t be surprised if the S&P 500 pulled back 5% – 10%. Know more about the S&P 500 performance in presdential election years Key quotes “From a growth standpoint, Q1 EPS was -7.7% y/o/y; Q1 revenue was +1.0% y/o/y. This compares to +0.6% and +3.4% respectively in Q4.” “As the mostly sideways consolidation continues, 2,237 remains the primary downside technical support, with potential interim support at the 50-day SMA (now at 2,731). To the upside, you can see that it has also run into resistance at the 100-day SMA (now 2,969).” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD fluctuates in tight range near 0.6100 FX Street 3 years Q1 earnings season is virtually over. While the S&P 500 chart is showing a consolidation, Randy Frederick from Charles Schwab wouldn’t be surprised if the S&P 500 pulled back 5% - 10%. Know more about the S&P 500 performance in presdential election years Key quotes “From a growth standpoint, Q1 EPS was -7.7% y/o/y; Q1 revenue was +1.0% y/o/y. This compares to +0.6% and +3.4% respectively in Q4.” “As the mostly sideways consolidation continues, 2,237 remains the primary downside technical support, with potential interim support at the 50-day SMA (now at 2,731). To the upside, you can see that it… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
