Soft sales in Wall Street with the focus on tariffs and results

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By TP


Wall Street has closed with soft sales this Tuesday (Dow Jones: -0.38%; S&P500: -0.17%; Nasdaq: -0.05%) After the earnings on Monday, in a volatile market and dominated by the Commercial policy by Donald Trump. Therefore, «The feeling is fragile at the US bipolar ads that are affecting the decision -making capacity of companies and investors «, as Value Ipek Ozkardeskaya, Swissquote Bank's senior analyst. In this sense, from link securities indicate that,» although everything seems to indicate that the Trump administration is beginning to realize the negative impact that in the economy and markets is generating its commercial policy And that, probably pressured by the big companies, many of them great donors of the Republican party, is giving symptoms of starting to reculate, You never know what can finally happen«Thus, and until the tariff scenario is not clarified, uncertainty will remain very high, which will result in a High volatility in markets. «The practical conclusion is that market and economy are already touched, especially in the front of trustwhich is the vault key. So Trump can postpone or exclude what he wants from now on (as selectively cars in the last hours), which will not have credibility, or almost positive impact. This is what we feared would happen and for what we have insisted on reducing risks for an indeterminate time, for now, «they point out in Bankinter.

Besent, retail sales, Powell …

Scott BesentSecretary of the United States Treasury, he commented in an interview with 'Bloomberg' that they have tools to control the bond market, and has been shown optimistic on the US capacity to close favorable trade agreements. His first meeting will occur this Wednesday, with the commercial representatives of Japan. Beyond the tariffs, from the macro point of view, the agenda will have outstanding references during the week, such as March retail sales (Wednesday). However, all eyes will be put on the President of the Federal Reserve (FED), Jerome Powellwhich will intervene on Wednesday in a symposium in Chicago, in a moment of maximum tension and after the operators have reviewed their projections, and now anticipate up to five declines of types, without ruling out an emergency intervention.

Technical analysis of the S&P 500

The good figure of S&P 500 Last Wednesday allowed him cancel the last bearish hole that had left on April 4. However, César Nuez, an an analyst at 'BitcoinDynamic' that «for the moment It's just a reboundand we do not rule out that it is shaping a Pull Back at the average of 200 sessionsbass continuation figure «.» The key resistance that we will not lose sight of is in the 5,786 points. This price level is key, since we will only see a sign of strength that makes us think of a change in tendency with overcoming this price level, «he adds.

Companies and other markets

In the business level, the Results season The first quarter of the year continues to advance and this Tuesday they have rendered accounts Bank of Americawhich has exceeded forecasts by winning 7.4 billion (+10%), Citigroupwhich has also broken expectations, while His CEO has shown confidence in the US and the dollareither Johnson & Johnson. «The corporate results of the first quarter will be as they are (expected BPA +6.7%), but Guidance/Guides will disappear or be suspended or will undergo complete review And that will be the next shock. No one dares to resume positions in bags, except for additional coup and lower levels, «they warn in Bankinter. In addition, Netflix shares have risen 4.83% Given the information that ensures that the 'streaming' platform has a plan that seeks duplicate your income until 2030 and reach a stock market capitalization of one billion dollars. In other markets, oil West Texas has dropped 0.03% ($ 61.50) and Brent It has retreated 0.05% ($ 64.84). For its part, the euro 0.59% ($ 1,1281), and the ounce of gold has earned 0.55% ($ 3,244). In addition, the 10 -year American Bonus Profitability It has relaxed 4,337% and the Bitcoin has yielded 1.16% ($ 83,988).

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