I'm back from my holidays and there's lots to catch up on having not access the internet for 2 weeks! It will probably take me a few days to warm up to the market, lol!
Last week marks the first down week for both the DOW & S&P 500 since it made 7 consecutive up weeks prior to that without taking any breather. The Nasdaq is not so lucky. Including last week, the Nasdaq has had 3 consecutive down weeks. This is a short week packed with key economic data. Earnings announcement is light, with the majority coming from retailers.
Mon: Memorial Day (markets closed) Tue: Consumer Confidence Notable earnings: CWTR, STP, BGP, BCSI Wed: FOMC Minutes Notable earnings: CHS, DAKT, DBRN, JOYG, PSS, RL Thurs: GDP, Chicago PMI Notable earnings: TIF, SHLD, DELL, COST, HOV, CIEN, BIG
Friday: Unemployment Rate, Personal Income, Personal Spending, ISM Index, Pending Home Sales