"Wall Street has a uniquely hysterical way of thinking the world will end tomorrow but be fully recovered in the long run, then a few years later believing the immediate future is rosy but that the long term stinks." - Kenneth L. Fisher
Alcoa reported after market yesterday and will affect futures.
The market struggled valiantly and reversed to hold above 11,000.
Our signal instructions remain the same. Done right, the moves that could take place in this market could be "two way trades".
The following Big time stocks report this week, and trigger points that could move the market:
International trade deficit could widen to 40 billion on Tuesday, analysts project
Consumer Price Index is also out on Tuesday
JP Morgan-which may trigger the market downward, as it may not hit analyst earnings also on Wednesday
On Wednesday the beige book is out, YUM Brands posts results, and Thursday Google reports earnings after the market close.
On Friday Bank of America reports, and GE reports before the market opens.
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