Stock market is expected flat higher tomorrow based on the chart and because its ECB fine tuning day and FED will be purchasing 4.25 B to 5.25 B between 10.15 am EST and 11 am EST. Rumor from Syria, Greece and Italy will dominate this market, so be prepared to close position on unexpected turbulence. Last 4 Tuesday market have closed in red, so it will be interesting to see if the market reverses direction tomorrow.
I'll be watching LINE, POT, EBAY, ANF, OVTI.
Notable earnings before Tuesday’s open:
BMO, BNS, BWS, DCI, DSW, LDK, TIF
Notable earnings after Tuesday’s close:
ARAY, AVAV, AVGO, HEI, TIVO, WDAY, WMS, WTSL
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 4:00 | EUR | German IFO Expectations | med | 103.1 | 102.4 | |||||
| 4:00 | EUR | German IFO Current Conditions | med | 111 | 110.1 | |||||
| 4:00 | EUR | German IFO Business Climate | med | 107 | 106.2 | |||||
| 6:50 | USD | Fed's Williams speaks on Monetary Policy in Sweden | low | |||||||
| 7:00 | EUR | ECB's Coeure speaks at European Economic Association annual congress in Sweden | low | |||||||
| 9:00 | USD | S&P Case-Shiller Home Price | med | 12.1 | 12.17 | |||||
| 10:00 | USD | Consumer confidence | high | 79 | 80.3 | |||||
| 13:00 | EUR | ECB's Asmussen speaks at forum in Germany | low | |||||||
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