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FOMC Takes Centre Stage This Week

 April 28, 2008 08:13 PM
 


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.

Mon:
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
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