Stock market is expected to open higher tomorrow after earning beat from GOOG. Remember in this market strong stock gets stronger and weak stocks get weaker. Since Index have rallied, it will continue to rally untill next round of rumor starts from next week. The possible rumor will be tapering or no tapering followed by downgrade rumor in coming week.
I'll be watching ALGN, WDFC, GOOG. Avoid playing ETF for the moment especially TVIX, VXX, UVXY.
No major earning tomorrow.
Economic Calendar:
Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
---|---|---|---|---|---|---|---|---|---|---|
4:00 | EUR | ECB's Nowotny speaks at investor conference in Vienna | low | |||||||
4:00 | EUR | EU Trade Ministers hold meeting in Luxembourg | low | |||||||
8:00 | USD | Fed's Lacker speaks on Orderly Resolution in Washington | low | |||||||
13:00 | USD | Fed's Tarullo speaks on Orderly Resolution in Washington | low | |||||||
14:00 | USD | Fed's Evans speaks on economy in Chicago | low | |||||||
15:40 | USD | Fed's Dudley speaks on Orderly Resolution in Washington | low | |||||||
16:30 | USD | Fed's Stein speaks on Financial Imbalances in Boston | low |
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