The Week Ahead in the Stock Market
June 18, 2012
Market Information for this Week.....
The Week Ahead in the Stock Market - June 18, 2012
Investors will have much to digest in the week ahead. The Greek election result may ignite a global rally -- or a selloff. The Federal Reserve meets for 2 days. The Supreme Court may issue its healthcare reform decision.
Housing comes into play with reports on starts and existing-home sales, not to mention important earnings reports due from FedEx (FDX) and Oracle (ORCL).
The Economy and Earnings in the Week Ahead - June 18, 2012
For the U.S. economy in the week ahead, the housing comes into play with reports on starts and existing-home sales, not to mention important earnings reports due from FedEx (FDX) and Oracle (ORCL), but Greek elections could derail this data!
The Major ETFs in the Week Ahead – June 18, 2012
The short-term trend for major ETFs remains down at this time, but if the other indexes can follow through and push above their June 11 highs, it could spark another short-term wave higher. If the rally occurs, where it is likely to exhaust itself varies by index. If the rally does not occur, there are important support levels close by, which if breached, signal a more aggressive drop in the market.
The Past Week Stock Market Results - June 18, 2012
The past week saw the major averages enjoy their second straight week of gains and best two-week performances since December. The ability of the major averages to hold firm and close the week higher has turned the short-term outlook positive. And one gets the sense that the major averages may have bottomed from the swoon that began in April.
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