Day Trading Digest: Daily Stock Ideas 4/26/2024
Busy day tomorrow! There is some amazing range in this market while we are in this distribution cycle. 2 days in a row we faded powerful gaps from the opening tick. Today with META earnings and the GDP numbers it looked like there was going to be a nasty drop in the market but it was bought up immediately!
Tomorrow we will have another gap with the MSFT and GOOG earnings along with a host of economic data. Couple that with the 0dte bros and fridays are typically wild.
| FRIDAY, APRIL 26 | |||||
| 8:30 am | Personal income (nominal) | March | 0.5% | 0.3% | |
| 8:30 am | Personal spending (nominal) | 0.7% | 0.8% | ||
| 8:30 am | PCE index] | 0.3% | 0.3% | ||
| 8:30 am | PCE (year-over-year) | 2.6% | 2.5% | ||
| 8:30 am | Core PCE index | 0.3% | 0.3% | ||
| 8:30 am | Core PCE (year-over-year) | 2.7% | 2.8% | ||
| 10:00 am | Consumer sentiment (final) | April | 77.9 | 77.9 |
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