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April Ushers In Spring, Taxes & Great Statistics: Buying Opportunities Ahead For SPY And QQQ

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The major U.S. indices finished the first quarter mixed with the S&P 500 up less than 1 percent and the Dow Jones Industrial Average loses less than 1 percent. The increase of daily volatility took investors on a wild ride that ended with little change.

Looking ahead through April, a plethora of factors are expected to impact the market and keep the daily trading range above average. This week marks the beginning of first-quarter earnings reports. Expectations have come down dramatically as a drop in oil prices , a strong U.S. dollar and a severe winter will all ultimately impact earnings.

That being said, all hope is not lost for the bulls as factors mentioned above could provide a great buying opportunity for U.S. equities in the coming weeks.

Traders' Almanac

Since 2006, the Dow has been up every April for nine consecutive years, with an average gain of 3.1 percent . April has also been the best performing month out of the year for the Dow since 1950, with an average gain of

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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