SPY WEEK AHEAD
Here we again another action packed week ahead. First off we have 5 fed members talking starting on the 20th. We have industrial production data on Tuesday. Lots of housing data reports coming out and the jobless claims on Thursday and OPEC on the 21st. But the biggest thing this week is earnings 20% of the S&P report this week it’s like the super bowl. Just like last quarter I believe any “not so bad could be worse” reports will rally the market, it’s itching for some okay news. Netflix after the close on Tuesday Tesla after the close on Wednesday in my opinion the ones to watch for, gaps this week will be in play. Monday we start with Bank of America and Charles Schwab before the open. Maybe a little WD-40 on Wednesday is what gets the wheels turning lol. When everyone is agreeing on the same thing it’s time to look in the other direction, everyone is bearish more then normal and talks about black swans are all over the place. It’s looking like DXY needs a rest I’m looking at 111 by Wednesday giving the market a rally. So we might have a good rally just like in June we’ll see. As always trade what’s in front of you good luck
Got get ready for house of the dragon hope everyone had a good weekend
Got get ready for house of the dragon hope everyone had a good weekend
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