Day Trading Digest: Daily Stock Ideas 4/26/2024


Busy day tomorrow! There is some amazing range in this market while we are in this distribution cycle.  2 days in a row we faded powerful gaps from the opening tick.  Today with META earnings and the GDP numbers it looked like there was going to be a nasty drop in the market but it was bought up immediately!

Tomorrow we will have another gap with the MSFT and GOOG earnings along with a host of economic data.  Couple that with the 0dte bros and fridays are typically wild.

8:30 am Personal income (nominal) March 0.5% 0.3%
8:30 am Personal spending (nominal) 0.7% 0.8%
8:30 am PCE index] 0.3% 0.3%
8:30 am PCE (year-over-year) 2.6% 2.5%
8:30 am Core PCE index 0.3% 0.3%
8:30 am Core PCE (year-over-year) 2.7% 2.8%
10:00 am Consumer sentiment (final) April 77.9 77.9



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