The market is in a critical junction now. S&P 500 is near 1,400 level, which is an important resistance level. If you can break and follow through, there is a good chance of uptrend continuing. Let's see how the market reacts this Wed on FOMC statement.
Notable earnings: V, BEAV, CVD, FMX, IHP, MTH, RSH, SOHU
Tue: Consumer Confidence
Notable earnings: ACE, AG, ADM, BYD, BNI, CRS, DVA, DB, FORM, ESRX, GPI, JLL, MHS, MA, NETL, PNRA, UA, X, VLO
Wed: ADP Employment, GDP, Chicago PMI, FOMC Policy Statement
Notable earnings: GRMN, GVA, IR, PRU, MUR, NOV, NVT, OI, PG, SLAB, SBUX, SUN, SYMC
Thurs: Personal Income, Personal Spending, PCE Core Inflation, Consumer Spending, ISM Index
Notable earnings: EYE, AOC, CAM, CPHD, CEPH, CHK, CI, DNR, DRIV, BOOM, XOM, HOLX, ITG, MRO, OSK, PDE, FAF, WBSN
Fri: Unemployment, Non-farm payroll
Notable earnings: AIV, EOG, ICE
i On The Market - Daily Newsletter
Every trading day, be ready to attack the market instead of reacting to the market.
You will know where the key technical resistance and support levels are and what the market is likely to do next. iStock will arm you with a target list of stocks to buy and sell - right now - based on our exclusive, proprietary trading models.
Two Week FREE Trial