The Dow Jones Industrial Average rose to a new record on Monday despite weakness in bank stocks caught in the downdraft of Friday’s margin call.

The S&P 500 fell 0.09% to 3,971 after falling as much as 0.8% earlier. 

Traders are bracing for heightened volatility during this holiday-shortened week with quarter-end rebalancing among pension funds and other big investors. The recent swift advance in bond yields could set up money managers for big adjustments in their portfolios.

The stock market is closed for the Good Friday holiday, but the March jobs report is still slated for release that morning. Economists expect 630,000 jobs were added in March, and the unemployment rate fell to 6% from 6.2%, according to Dow Jones.

Plan A : Long if market supported firm above 3951. Targets are 3966, 3982 and 4001.

Plan B : Short if market failed to support above 3951. Targets are 3928, 3900 and 3874.
 

U.S. stock index futures were mixed during early morning trading on Tuesday after the Dow Jones Industrial Average closed at a record high.

The S&P 500 and Nasdaq finished in the red, however, dipping 0.09% and 0.6%, respectively. The moves came amid the continued fallout after a hedge fund was forced to liquidate its position in several media stocks.

Investors are awaiting updates from President Joe Biden about his infrastructure plan which could cost north of $3 trillion. The president is expected to unveil his plan when he travels to Pittsburgh on Wednesday and also detail how it would be paid for. White House press secretary Jen Psaki said Sunday Biden plans to roll out twp packages in the coming months, the first covering infrastructure and the second covering health and family care.

Plan A : Long if market supported firm above 12838. Targets are 12869, 12900 and 12931.

Plan B : Short if market failed to support above 12838. Targets are 12801, 12759 and 12721.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.

Plan A : Attempt buy if oil price trades firmly above 60.6. Targets are 61.7 and 62.3

Plan B : Consider short only if oil price surges but fails to breach above 62.3. Targets are 61.7 and 61.1

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.