In the week ahead look for these news announcements to act as potential market movers

We are getting into earnings season once again and with the emerging news of the Goldman Sach’s allegations we could see more volatility in the week to come. On the news front Thursday and Friday are the major days this week. Our target on the S&P remains $1228, but if we break $1186, then we do have the possibility of going back down to $1121.