Next week is sort of an odd one for the market. After seeing a very nice run up in stocks this week and last, next week could be a big week which will tell us if we will remain in this Bull rally, or possibly fall down a notch or two. This week we had Earnings released from Google, JP Morgan, and Intel, and none of them were too bad. Next weeks we have the following Economic data being released. It's not a week filled with important data. In fact there isn't much scheduled to be released that will affect the overall market too much:
- Apr 20 10:00 AM Leading Indicators
- Apr 22 10:35 AM Crude Inventories
- Apr 23 8:30 AM Initial Claims 04/18
- Apr 23 10:00 AM Existing Home Sales
- Apr 24 8:30 AM Durable Orders Mar
- Apr 24 8:30 AM Durable Orders, Ex-Auto Mar
- Apr 24 10:00 AM New Home Sales Mar
Switching gears though, Next week is a big week for earnings reports as well as unscheduled information. Besides hundreds of companies, most importantly Bank of America, Apple, and IBM reporting their earnings, the Obama administration will also be releasing information about the first bank stress tests. The market could react heavily on whatever this report from Obama will say.
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