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MONDAY: The week looks as if it might get off to a quiet start as an FOMC Statement release is ahead, as is the GDP. No one expects much from either, but that could lead to a summer surprise TUESDAY: A rare down day yesterday, although off from its lows, looks as if it will be followed by a day opening flat, as the FOMC convenes and investors have no expectations for policy alteration. WEDNESDAY: The FOMC Statement is released this afternoon as the week thus far is one looking for direction, even as earnings have been better than expected and haven’t been painting a negative picture for months ahead. THURSDAY: Another flat day may await as we also await tomorrow’s GDP. At the same time, investors are betting that it’s less than even money that we even get a single rate hike in 2016 at this point, although there’s lots of data to come and Friday could be the start of an upward pointing stream FRIDAY:. For now, the futures are looking as if it will be another flat day, but the GDP still awaits, so anything may yet happen
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“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS
