{"id":49639,"date":"2019-05-08T14:38:18","date_gmt":"2019-05-08T18:38:18","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=49639"},"modified":"2019-05-08T22:45:33","modified_gmt":"2019-05-09T02:45:33","slug":"stocks-end-slide-edging-higher","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2019\/05\/stocks-end-slide-edging-higher\/","title":{"rendered":"Stocks End Slide Edging Higher"},"content":{"rendered":"<p>Hello traders everywhere. After two days of losses, stocks have ended their slide and are moderately higher on the day. The Dow was up as much as 130 points Wednesday, rebounding from earlier losses. The S&P 500 and NASDAQ have each gained about 0.3%. The Dow was down 75 points at its low in early trading.<\/p>\n<p><a href=\"https:\/\/club.ino.com\/join\/videos\/latest\/?vidid=club-mc_update_20180508\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/10618.jpg\" alt=\"Stocks End Slide\" width=\"638\" height=\"354\" \/><\/a><\/p>\n<p>The move can be attributed to comments by President Donald Trump via Twitter saying that China is coming this week to make a deal, that comment was later affirmed by White House Press Secretary Sarah Sanders. Sanders told reporters that the White House has gotten \"indications\"  that the Chinese delegation coming to Washington wants to make an agreement. <\/p>\n<p>Earnings season is entering its final stretch, first-quarter profits are now seen rising 1.2%, a sharp improvement from the 2.3% decline expected at the start of the season. Of the 426 S&P companies that have reported so far, about 75% have beaten profit estimates, according to Refinitiv data.<\/p>\n<h2 style=\"color: #003380; font-size: 20px;\">Key Levels To Watch This Week:<\/h2>\n<p><!--more--><\/p>\n<ul>\n<li><strong>S&P 500 <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_SP500\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(CME:SP500)<\/a><\/strong>: 2,954.13<\/li>\n<li><strong>Dow <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/INDEX_DJI\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(INDEX:DJI)<\/a><\/strong>: 26,695.96<\/li>\n<li><strong>NASDAQ <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NASDAQ_COMP\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(NASDAQ:COMP)<\/a><\/strong>: 8,176.08<\/li>\n<li><strong>U.S. Dollar <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/ICE_DX\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(ICE:DX)<\/a><\/strong>: 96.83<\/li>\n<li><strong>Gold <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_GC.M19\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:GC.M19)<\/a><\/strong>: 1,292.80<\/li>\n<li><strong>Crude Oil <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_CL.M19\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:CL.M19)<\/a><\/strong>: 62.41<\/li>\n<li><strong>Bitcoin <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/BITCOIN_BITSTAMPUSD\/?mktcode=tradersblogsymbols\" target=\"_blank\" rel=\"noopener noreferrer\">(BITCOIN:BITSTAMPUSD)<\/a><\/strong>: 4,948.57<\/li>\n<\/ul>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"http:\/\/www.ino.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">INO.com <\/a>and <a href=\"http:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\" rel=\"noopener noreferrer\">MarketClub.com <\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere. After two days of losses, stocks have ended their slide and are moderately higher on the day. The Dow was up as much as 130 points Wednesday, rebounding from earlier losses. The S&#038;P 500 and NASDAQ have each gained about 0.3%. The Dow was down 75 points at its low in early [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":49641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[6249,6320,6319],"class_list":["post-49639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-videos","tag-dow-indexdji","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks End Slide Edging Higher - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"After two days of losses, stocks have ended their slide and are moderately higher on the day, hopefull that a trade deal will get done.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wwwtest.ino.com\/blog\/2019\/05\/stocks-end-slide-edging-higher\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks End Slide Edging Higher - 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