This week mark the last week of earning seasons, with Home Depot, last Dow 30 company to announce earnings. While walmart and HP announce after market close, the earnings has to be good …..
This week also full of CPI data from Euro, Asia and US, inflation will definitely be a hot topics for this week.
This week also an expiration weeks for futures and options contract..
Thurs will have FOMC meeting minutes …
This week will be up down up down …, I bet this week will end flat or consolidate..
Dow and S&P500 are below 100D SMA now, Slightly above it.. either it heading down or slight technical rebound.
Market is stressful now, but I see >50 points up within last 10 mins on last Friday DOW index, seems like the PPT ( plunge protection team ) from government likely to push up the market.. too add on last night U-Shape of recover, sound fishy before HD announce earnings…
/ps : DOW Future and Eurp stock market are up as of writing this blog, worst off I got to cut lose tonight, sob sob..
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