Sunday, May 10, 2009

Wk20: Market Forecast

Potential market movers in the week to come are…
· Mon: Ben Bernanke Speaks 6:30 PM ET
· Tues:
International Trade 8:30 PM ET
· Weds:
Retail Sales 8:30 AM ET
· Thurs:
Producer Price Index 8:30 AM ET
· Thurs:
Jobless Claims 8:30 AM ET
· Fri:
Consumer Price Index 8:30 AM ET
· Fri:
Industrial Production AM ET
· Fri:
Consumer Sentiment 9:55 AM ET

OPTIONS EXPIRY MAY 15TH!

Next week we will be watching the market action at the S&P 934.85 level. If you aren't currently in the market, don't feel the need to jump in full force here as we may see some hesitation or a slight pullback first, as we usually do before a move higher takes place.

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