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FOMC Takes Centre Stage This Week
By: Simply Options Trading   Monday, April 28, 2008 8:13 PM

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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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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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