On Tuesday, March 28, investors await quarterly results from a host of major companies. Carnival Corporation (CCL) , Sonic (SONC) and Dave & Buster's Entertainment (PLAY) report earnings on Tuesday. As for economic data, the S&P Corelogic Case-Shiller Home Price Index is out at 9 a.m. EST, while consumer confidence figures are released at 10 a.m.
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How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.