The Week Ahead In The Stock Market
Some Thoughts, Possibilities and Probabilities!
31st May, 2015
The week ahead in the stock market faces a barrage of potential catalysts as the month of June begins. This should provide for a wild ride considering that the stock market is still near record highs, and is trying to consolidate its gains.
There will be a slew of data, as well as a deadline for Greece to pay its creditors at the end of the week along with a scheduled OPEC meeting.
Reports on manufacturing sentiment, car sales and job growth dominate the calendar for the stock market in the week ahead. If the data presented in the week ahead is similar to recent housing numbers, then it will support the idea that the Fed may change rates in September. If Greece fails to work out an agreement or fails to pay, some activity in the dollar and the bond market should be expected......
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