DOW gained! Saved by the the report on Friday that job losses for February wasn't as bad as expected.The consolidation I reported last entry ended with an upside so there could be more.
However trading volumes remained light as many are still cautious.
Oh one interesting observation: Obama's speech this year always seems to kill a rally. (we shall see does it happen again on Wednesday....)
Next week's market movers:
MONDAY: NABE conference; McDonald's Feb. sales; Fed's Warsh speaks; Earnings from H&R Block
TUESDAY: NABE conference; Anniversary of market's March lows; Fed's Evans speaks; 3-year Treasury auction
WEDNESDAY: Obama health-care speech; weekly mortgage apps; wholesale trade; state unemployment rates; Google hearing; weekly crude inventories; 10-year auction; earnings from American-Eagle Outfitters
THURSDAY: $2B California bond sale; international trade; weekly jobless claims; 30-year auction; earnings from Nat Semi, Aeropostale
FRIDAY: Gov'ts retail-sales report; consumer sentiment; business inventories; earnings from Ann Taylor
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ReplyDeleteWell done great blog again.
Kind regards
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