Stock Market Analysis

Sunday, June 24, 2007

A Heavy Weight Week Ahead

The Dow retreated a grand 279.22 points last week in a giant pullback which took it to a 6 weeks low. Last Friday alone contributed to a 185.58 points pullback. I don't know about the rest of you but the ditch last Friday really surprised me. Well, with last week's action behind us right now, we see a very rough week ahead as heavy weight releases like the GDP, Chicago PMI and the FOMC release lines up (please see economic calendar). It is definitely going to be one volatile week. Hang on for the ride!

0 Comments:

Post a Comment

<< Home