Big Move Imminent ?

Investor’s first readDaily edge before the open

DJIA: 17,776
S&P 500: 2,067
Nasdaq  Comp.:4,900
Russell 2000:    1,252
Wednesday, April 1, 2015   9:11 a.m.


Yesterday’s plunge suggests the market continues to be locked in a consolidation pattern (DJIA 17,600 – 18,200) with the potential of a major move of 600 DJIA points either way beyond those limits.

Watch for a big move today.  A rebound before 11:30 suggests the bulls have it. Break below DJIA 17,600 (S&P 500: 2,040) – a bad omen.

Bulls may be encouraged  by the soft ADP employment numbers, since they suggest a Fed interest rate hike is not happening soon.


Mortgage apps and refis were up sharply in the 3/27 week.

-ADP Employment tanked in March with 189,000 new hires vs projected 240,000.
-The Fed and it’s first bump up in interest rates.

Concern that the U.S. economy is beginning to slump.

Hang on, market can make a big move shortly.
George Brooks

Investor’s first read

A Game-On Analysis, LLC publication


Note: I discontinued my daily – before – open publishing of Investor’s first read on November 5, 2014, after 6 years (1.600 posts).  Future publishing will be on a less frequent basis and not always before the market opens. In the interim, I will publish as I see necessary as I craft a new format.


Investor’s first read, is a Game-On Analysis, LLC publication for which George Brooks is sole owner, manager and writer.  Neither Game-On Analysis, LLC, nor George  Brooks  is  registered as an investment advisor.  Ideas expressed herein are the opinions of the writer, are for informational purposes, and are not to serve as the sole basis for any investment decision. References to specific securities should not be construed  as particularized or as investment advice as recommendations that you or any investors purchase or sell these securities on their own account. Readers are expected to assume full responsibility for conducting their own research pursuant to investment decisions in keeping with their tolerance for risk.





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