AroniSmartInvest™ in Action: Stocks, Market Sentiment and Profile Analysis April 30, 2021
On April 30, 2021, the stock market sentiment remains positive and new trends are already showing. Investors appear to have started formulating scenarios for the future as they are tryig to find answers the key questions highlighted in AroniSmart latest analyses: what is coming next? Although the answer to the question remains elusive, there is growing consensus on where the market may be heading, following the up and down movements, around an overall upward trend, observed since the beginning of the year.
On April 30, 2021 the stock market performance appears to be impacted mostly by earnings and the latest economic agenda published by the US President Joe Biden in his national address marking his 100 days in office. Still, other by factors remains: speculative considerations on the economy, profit taking, bonds prices, interest rates, options trading, and related news about some key stocks, especially those related to Electic Vehicules (EV) Technology, Solar Energy, Cryptocurrency, Retail, and Banking. One may also add Transportation and Tourism, as Summer approaches and COVID-19 vaccines have reached the majority of adult Americans and improving in other countries.