All four of the major indices took out last week's highs as Jerome Powell resurfaced some of the concerns around inflation. The S&P 500 Index is now below a 50 day moving average. Ben Lichtenstein weighs in on how earnings this week provided a boost to the stock market for a bit. Also, the VIX or the Fear Index spiked up today and reached one-month highs. Tom White discusses how the U.S. Dollar price rose to a two-year high. Lichtenstein states that there has been a tug of war between Netflix (NFLX) and Tesla (TSLA) earnings reports as one as negative versus the other one being positive.
22 Apr 2022