Source: VantagePoint Intermarket Analysis Software

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  • In early morning trading, the Dow Jones industrial average rose 50 points, or0.7% today.
  • When the blue line (forecast) crossed above the black line (actual), VantagePoint predicted the market to trend up. The Neural Index at 1.00 also indicated an expected up trend.
  • April can be a complicated month for Wall Street. It’s the Dow’s best month of the year dating back to 1950, according to the Stock Trader’s Almanac, good for an average gain of 1.9%.
  • In bear markets however, April can be especially difficult. In April 2002, during the last bear market, the Dow lost 4.4%, posting its worst April since 1970.