Market adopt a wait-and-see approach ahead of earnings from megacap MSFT,GOOG,META,AMZN
25/4/2023 Market Diary
-Lackluster showing, market adopt a wait-and-see approach ahead of earnings from megacap $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Meta Platforms, Inc.(META)$ $Amazon.com(AMZN)$
- RSP $Invesco S&P 500 Equal Weight ETF(RSP)$ +0.19% QQQE $Direxion NASDAQ 100 Equal Weighted Index Shares(QQQE)$ -0.06% both within previous day range.
-Banking groups KBE $SPDR S&P Bank ETF(KBE)$ -0.46% KRE $SPDR S&P Regional Banking ETF(KRE)$ -0.51% continues to get sold, rejecting advances above flattening 10-MA
- XBI $Spdr S&P Biotech Etf(XBI)$ bull flag setup in focus, aligned with setups in Focus dominated from the same group $Phathom Pharmaceuticals(PHAT)$ $InflaRx N.V.(IFRX)$ $Protalix BioTherapeutics(PLX)$
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