April: Worst Month For The Nasdaq Since 2002 | Bounce Coming?
Longer term, there are still problems.
Our View
It has not been an easy month. After The S&P dropped hard in March, it rallied 500 points and then reversed, now down 5 of the last 6 sessions. The news is not getting better and with two 50 bps rate hikes on the table for May and June, it's looking like it's going to be a long, hot summer.
I did good trading in the first hour yesterday, lost mo…