The stock market can go up even higher due to earnings reports from JPMorgan & Wells Fargo
JPMorgan & Wells Fargo's earnings managed to beat estimates
But we must also consider the possibility of a pullback because stocks are simply too high
Take profits & stop-losses can be triggered, pushing stocks further down if their positions are closed
Not to mention that Friday, the last day of the week tend to be chaotic as traders close their trades before the week ends
Overall, our forecast is that stocks will still try to go up throughout the day despite volatility, might stay flat because it's too high but go down at the end of the day, unless take profits & stop-losses are cancelled
Trade less or none as the risk is higher in today's market
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