Financial Review

…Stocks bounce. Waiting on earnings and data. John Williams scores NY Fed post. OK teachers walkout. Home prices accelerate. Auto sales up in March. EPA makes a stand for dirty air. Spotify debuts. Trump v. Amazon – round 4. Atlanta hacked. Financial Review by Sinclair Noe for 04-03-2018 DOW + 389 = 24,033 SPX + 32 = 2614 NAS + 71 = 6941 RUT + 19 = 1512 10 Y + .05 = 2.78% OIL + .56 = 63.57 GOLD – 8.60 = 1333.20   Stocks bounced today, following a 450-point loss yesterday for the Dow Industrials and a 58-point loss for the S&P that pushed that index below its 200-day moving average. A bounce was expected but the question is whether a rally can be sustained. Today’s rebound was not matched by higher volume. Part of the reason for the recent volatility is that most stocks are in a quiet time – just before first quarter earnings are announced, companies clam up. Rather than sales, orders and profit margins, things such as politics and the economic data can take on more relevance. During this quiet time, the bears