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 ideas.