The Week Ahead In the Stock Market
Thoughts, Possibilities and Probabilities!
13th June, 2015
The week ahead in the stock market will probably continue to drift, but stay range-bound, as investors and traders wait for results from a debt-resolving deal between Greece and the EU; and also the outcome as Federal Reserve policymakers emerge from two days of meetings and hold a press conference on Wednesday afternoon.
As long as there is some type of Greek deal, a rally in equities and some relief for the euro could be on the cards.
The Fed interest rate hike in September or December has already been priced in by many traders; but any hints on whether it will move sooner or later could produce some ripple effects in stock, bond and currency markets.
Besides the Fed, there are a few important economic reports including industrial production Monday and the consumer price index on Thursday.
The 2015 Q2 earnings season will get underway this week
with Adobe (ADBE) reporting after the close on Tuesday. All of these early reporters have fiscal quarters ending in May, which are counted as part of the 2015 Q2 tally...............Read more
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Ahead In The Stock Market – Some Thoughts, Possibilities and Probabilities!
The week ahead in the stock market includes economic reports, earnings, stock considerations and market direction - some thoughts, possibilities and probabilities.
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