In the week ahead look for these news announcements to act as potential market movers… There is a lot of economic news this week including GDP on Friday and the FOMC Meeting Announcement on Wednesday. We are expecting volatility to remain high, as we’re still in the thick of earnings season. We are approaching a support area so it will be important to compare the volume on a rally to the volume on the move lower. A lower high on…
In the week ahead look for these news announcements to act as potential market movers… A few important economic numbers this week as well as continued earnings announcements should make for a good week of trading. The VIX remains at its lows and as the saying goes “when the VIX is low, lookout below.” As we all have our own bias and predictions as to where the market is headed, it is important to have a “plan B” in place…
In the week ahead look for these news announcements to act as potential market movers… A few big economic news announcements coming out this week including International Trade Tuesday, Retail Sales Thursday, and Consumer Price Index & Industrial Production Friday. In addition, Alcoa kicks off earnings season Monday, not to mention Option Expiry Friday! That being said, there are a lot of catalysts that could act as market movers this week. We are looking for the top line figures to…
In the week ahead look for these news announcements to act as potential market movers…
In the week ahead look for these news announcements to act as potential market movers… Last week of 2009! Expect a light volume week as traders are typically on holiday during the period between Christmas and New Years. Low volume equals sharper, more vicious swings on the moves that do take place as there is less liquidity in the markets. Consumer confidence could shake things up a little on Tuesday; otherwise have a good week and focus on improving yourself…
In the week ahead look for these news announcements to act as potential market movers… Shortened week this week. The markets are closed Friday with a 1:00 PM EST close on Thursday. We are watching for a breakout higher, or a break below the tail of Friday’s hammer. Those two points should produce some sort of follow thru. Otherwise it looks like we will be waiting till January to see any directional moves. Stay tuned for some year end homework…
In the week ahead look for these news announcements to act as potential market movers… Tons of news this week including OPTION EXPIRY FRIDAY! It also happens to be a quadruple witching. We continue to move sideways and really go nowhere. Look for a close above the upper resistance or lower support levels to break this sideways action.
In the week ahead look for these news announcements to act as potential market movers… • Weds: EIA Petroleum Status Report 10:30 AM ET • Thurs: International Trade 8:30 AM ET • Thurs: Jobless Claims 8:30 AM ET • Thurs: EIA Natural Gas Report 10:30 AM ET • Thurs: Treasury Budget 2:00 PM ET • Fri: Retail Sales 8:30 AM ET • Fri: Import and Export Prices 8:30 AM ET • Fri: Consumer Sentiment 9:55 AM ET • Fri: Business…