The market was up in January, down in February and back up in March for a volatile first quarter. The end result has been a good one: as of Thursday’s close, the S&P 500 cash index was higher by over 5% and is tacking even more on in Friday’s session.
In late December, the "PreMarket Prep" crew did a year-end wrap and preview of the first quarter. While the January effect was anticipated, our forecast didn't encompass all that has gone down in March.
Then again, who was predicting a global banking problem this month?
"PreMarket Prep" is back at it again from 10 a.m. to noon Monday, April 3 for a second-quarter preview. Something tells me it is going to be just as eventful as the first quarter, if not more. Here is the all-star line up of guests that are going to be sharing their forecasts with us — and backing them up too.
10-10:15 a.m.: Angie Setzer, co-founder of Consus ROI, will help forecast if the recent moves in the commodities markets will have a negative or positive impact on inflation moving forward.
10:15-10:30 a.m.: Todd Gordon, founder of NewAgeWealth and Trading Analysis.com, will share his technical and fundamental expertise and his forecasts for the second quarter. Elliott Wave followers will not want to miss this segment.
10:30-10:45 a.m.: Gene Munster, managing parter at Deepwater Asset Management, will reveal his forecast for mega-cap technology in the quarter ahead and the reasons for his cautious stance on the markets.
10:45-11 a.m.: Cameron Dawson, chief investment advisor at New Age Wealth, will share what she will focusing on in the second quarter that alters or reinforces her bearish thesis.
11-11:15 a.m.: Craig Johnson, managing director and chief market technician at Piper Sandler, will provide his fundamental and technical outlook for the second quarter.
11:15-11:30 a.m.: Bluford Putnam, managing director and chief economist, CME Group, will detail his outlook for inflation for the second quarter and beyond citing the cold hard facts.
11:30-11:45 a.m.: Michael Hewson, chief market analyst at CMC Markets, will join us from the across the pond and detail his cautious outlook for the second quarter.
11:45 a.m.-Noon: JC Parets, founder of AllStarCharts, will tell you exactly what is on his mind and do a deep dive into into his technical indicators.
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Gene Munster and Joel Elconin are seen in a past appearance on "PreMarket Prep." Benzinga file photo by Dustin Blitchok.
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