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HEADS UP: I’m finishing up a soiree with the kiddos so this week’s M&S update will be on the briefer side. I’ll be back at my desk Monday for another Top Ten issue.


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After a tough slide Monday, the market has been very impressive this week, with three straight solid and broad-based gains. Heading into Friday, the S&P is up nearly 4% while the Nasdaq is up more than 5%.

After an ugly start to the week on Monday of last week, stocks rallied very impressively as the S&P 500 gained 4.6%, the Dow added 2.5% and the Nasdaq surged higher by 6.7%.

This is a huge week for earnings and economic news. Maybe, just maybe, the market will be driven by something other than tariff news.

This week, 180 of the 500 S&P companies report earnings, including several of the big tech companies. On Wednesday, first-quarter GDP will be released. Jobs and inflation reports also come out this week. The consensus expectation for first-quarter GDP is 0.10%, way down from 2.4% in the fourth quarter.

After an ugly start to the week on Monday, stocks rallied very impressively as the S&P 500 gained 4.6%, the Dow added 2.5% and the Nasdaq surged higher by 6.7%.

Consumer Staples and Communication Services are two sectors that have held up well in the recent correction. Today, I’ll highlight a stock from each sector.

The S&P 500 remains in a correction, and investors are on edge due to news-related uncertainty. These are the technical signals to watch to start buying stocks again.

Finding the best-looking stocks in a bad market is a great way to identify stocks that can outperform when the market heads higher. These three are all on my watchlist.

What a difference a week makes. Just a week ago, the S&P was plunging back toward the low. But then the S&P rallied 4.5% and the Nasdaq soared 6.6% in the final four days of last week, erasing most of the index’s April losses.

Cannabis stocks continue to post sharp rallies on rumors of progress on federal policy developments like banking reform and rescheduling. Then the stocks give it all back over the next day or two.

There are two ways to deal with this trend.

MSFT, FRSH, SFM Earnings Roundup

Following last week’s impressive turnaround, the market’s encouraging vibes continued this week, with all the major indexes posting gains in the 1% to 2% range (ballpark) coming into today.

The market continued its strong rebound from its early April lows as the indexes rose all five days last week. The S&P 500 gained 2.9%, the Dow rallied 3% and the Nasdaq advanced by 3.4%.