I told our Members this would be a good week to take a vacation. We have 7 Fed Speakers around the release of the Fed Minutes on Wednesday afternoon but now we're mostly wondering if the rate hikes will be 0.25% or 0.5% and the rest is getting baked in. ISM and PMI tomorrow and really no other significant data is coming in, nor do we have many companies reporting earings. As Jerry Lee used to sort of say " There's a whole lotta nothin' going on ." Earnings Reports are mostly from companies who count December as the first month of their year and we're a lot more concerned with guidance at this point. Next week is a very different story as we have CPI and PPI, Retail Sales and Consumer Sentiment – all market-moving reports and the Banks start reporting on Thursday next week but then Friday is Good Friday and we're closed but make sure you are well-rested on the 18th as earnings and data will surely be hitting the fan then. IN PROGRESS
I told our Members this would be a good week to take a vacation.
We have 7 Fed Speakers around the release of the Fed Minutes on Wednesday afternoon but now we're mostly wondering if the rate hikes will be 0.25% or 0.5% and the rest is getting baked in. ISM and PMI tomorrow and really no other significant data is coming in, nor do we have many companies reporting earings. As Jerry Lee used to sort of say "There's a whole lotta nothin' going on."
Earnings Reports are mostly from companies who count December as the first month of their year and we're a lot more concerned with guidance at this point. Next week is a very different story as we have CPI and PPI, Retail Sales and Consumer Sentiment – all market-moving reports and the Banks start reporting on Thursday next week but then Friday is Good Friday and we're closed but make sure you are well-rested on the 18th as earnings and data will surely be hitting the fan then.
IN PROGRESS
