The week of Option Friday, Monday and Tuesday will decide where the market will go: up or down?
We are having an interesting week ahead of us. After a week of market drop we come to the point where the market forces will balance between moderate industrial growth with high profits and higher than expected unemployment. Monday will give us a first teaser and most likely a positive news. Tuesday push comes to pull and institutional money will decide where it wants to take the markets for now.
We are moderately bullish for the week ahead, but let the market tell us the direction.
Here are the key news events to consider this week:
Monday, August 16, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment