Tomorrow is action packed. What’s on the docket?
1. Chain Store Sales
2. Initial Jobless Claims
3. The Monster Employment Index
4. BOE & ECB rate decisions.
5. 30 year bond auction.
6. Ben Bernanke Speech
7. Stress Test Results.
I am looking for stronger than expected retail sales, jobless claims that will be shrugged off, a Bernanke speech that is filled with “green shoots” and an after the bell release of the stress test results that is good for one last agonizing short squeeze for those bank short sellers.