Monday, January 9, 2017

What Could Move The Market This Week

President-elect Donald Trump makes his first postelection news conference Wednesday, and traders are looking for more details around his election promises. The return of inflation and a fiscal stimulus in the USA could herald the end of the central-bank leadership and the start of central government dominance. Trump is like reiterate is inflationary and pro growth policies that could take the market higher.

The start of fourth quarter earnings seasons could test the market rally. Friday is especially significant with earnings report of JPMorgan Chase, Bank of America, PNC Financial,Wells Fargo, BlackRock

Also important economic data of Retail sales, PPI and  Consumer sentiment.
All posts and charts are for educational and illustration purposes only

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