Extreme volatility was prevalent in the market this past week. The primary concerns continue to be tapering and possible military intervention in Syria. Although we had volatility and saw days with significant pullbacks,
$tockMarketDirection still maintains a bullish posture.
Reports this week include: Initial Claims, GDP estimates (9/5) and Unemployment Rate and Nonfarm Payroll.
$tockMarketDirection still maintains a bullish posture.
Reports this week include: Initial Claims, GDP estimates (9/5) and Unemployment Rate and Nonfarm Payroll.
Some of the major earnings announcements on deck include: Rue21, Tower Group, Ciena, Dollar General, Cooper Company, Smith and Wesson, VeriFone, Mattress Firm Holding, Smithfield Foods, and UTiWorldwide.
$tockMarketDirection is in a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bullish posture. Cha-ching.
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