This is going to be a tough week to gauge the conviction of the market to the upside or downside. There’s not a lot of economic data coming out this week to sway the markets one way or the other. Jobless claims and new home sales are on the docket for Thursday and Friday, but I’m not expecting any fireworks. The wildcard this week is all the Fed speak taking place. They are a number of Fed presidents + the Fed Chair speaking. It’ll take one misstep while explaining policy to send the markets lower. Conversely, more dovish talk could cause the markets to move higher.
To see where I think markets are headed, get my watch list and learn about my weekly income strategy watch this video – http://vimeo.com/95561967
If you missed this week’s Wall Street Shuffle you missed a lot – click here to listen – www.thewallstreetshuffle.
If you want to come into my office and trade with me send me an email. It would be a pleasure to meet, bond and research together – [email protected]
I often talk stocks and markets on twitter – you can follow me by searching for my handle – @TJReazor
I hope today’s newsletter helped.
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