It’s a bit of a slow week. There are no major earnings reports on the calendar. Besides GDP on Tuesday and durable goods on Thursday there is actually very little on the economic calendar. The week will also be slow as traders go away for the holidays. Markets are closed on Friday. Historically, these are very good weeks for markets.
Monday – No major market moving news. Upgrades and merger news will likely set the tone for trading. Monday’s have been unusually bullish days over the course of the last few months.
Friday – Holiday. Markets are closed.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.