Next week’s earnings calendar starts out slow but builds with intensity into the final trading session. Several T-Bill auctions and the Treasury Budget greet investors Monday.
The Trade balance is forecast to be negative 38.4B, down from the last release of negative 37.3B. Read David Goodboy’s take on what would happen if the release misses this estimate.
Despite the undercurrent of fear and trepidation in the market, we’re finding reasons to be optimistic especially with these 5 PowerRatings stocks ready to make short term bullish moves.
Surprisingly better than expected retail sales numbers stopped the global stock slide in its tracks on this second to last trading session of the week.
Friday is shaping up to be a quiet day on the Street of Dreams. A very light earnings release schedule and Wholesale Trade figures combined with the impending weekend may cast an aura of calm across stocks.
As Greek debt concerns continue to plague the U.S. markets, here’s a review of what’s happening in this idyllic yet troubled land and the steps being taken to rescue the economy. Plus, check out these 3 bearish PowerRatings stocks for your short term watch lists.
Stocks slumped steeply lower today on a crumbling consumer credit reading. Continued international woes from Greeces beleaguered economy added to the bearish tone of the session.
Earnings releases are heating up on the second to final trading day of the week. Jobless claims, chain store sales and money supply figures will round out the trading session on Thursday.
On Thursday, Fed Chief Ben Bernanke will be granting a rare evening speech at the 43rd annual Alexander Hamilton Awards Dinner in Washington DC. Traders are warn to pay particular attention to the free form question and answer session which will follow his speech.
What does it mean when some observers say that the VIX is low? Here’s a subject every investor needs to understand, plus 5 top ranked PowerRatings stocks for bullish short term investors to consider.