In the week ahead look for these news announcements to act as potential market movers…
A few big economic news announcements coming out this week including International Trade Tuesday, Retail Sales Thursday, and Consumer Price Index & Industrial Production Friday. In addition, Alcoa kicks off earnings season Monday, not to mention Option Expiry Friday! That being said, there are a lot of catalysts that could act as market movers this week.
We are looking for the top line figures to continue its uptrend through options expiry week with a target of 1155 on the S&P, but will shift our bias if the market reacts negatively to any of the catalysts early on during the week.
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