“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS
MONDAY: After a tumultuous week last week that didn’t follow the economic news and stories, this week looks as if it is getting off to a positive start, but there aren’t too many stories to lead it, although earnings season starts and may be the catalyst.
TUESDAY: Seeing yesterday’s gain in the futures erode so quickly was discouraging, but today may offer another chance, as perhaps earnings will take the spoylight off from oil, which continues to fall this morning
WEDNESDAY: Bank earnings from JP Morgan and Wells Fargo did nothing to reverse the early futures sell off as it appears that the decline will continue for a third successive day in the final week of the January 2015 contracts
THURSDAY: With more disappointing bank earnings, at least oil is stable this morning and so is the market, at least in the pre-open futures. Maybe today will bring an end to the streak of triple digit moves in 2015?
FRIDAY: Futures have improved from where they were last night, but the indication is for another day of losses to end another bad week as stocks, oil, interest rates, currencies and metals all gyrate