Stock market is expected to open flat higher tomorrow. Monday is now new Tuesday in terms of price action of stock. Fed FOMC begins Tuesday. Dow Jones and S&P500 are at the critical support level and any negative news can cause huge drop in the index in no time. Fed needs to be careful in what they say this week.
I'll be watching DMND, ACAD, TIVO
Dow Jones heading south, it could test 14587 or 14689 in case fed disappoint this week. |
Economic Calendar:
Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
---|---|---|---|---|---|---|---|---|---|---|
5:00 | EUR | Trade balance (nsa) | low | 17 | 22.9 | |||||
5:00 | EUR | Labour cost index | low | 1.3 | ||||||
8:30 | USD | Empire State Survey | med | -1.43 | ||||||
9:15 | EUR | ECB's Asmussen speaks at Magdeburg Financial Market Dialogue | low | |||||||
10:00 | USD | NAHB Builders survey | med | 45 | 44 | |||||
12:30 | EUR | ECB's Mersch speaks at event | low |
After Hours Movers
No major Earning tomorrow except KFY, CSUN