With the holiday shortened week, trading volume was anemic as stocks swayed to the downside. GDP results were announced as was a new gauge on corporate profits. There was not much excitement, but there are some economic reports coming this week that will provide another look at the intentions of the Fed and employment trends.
In this episode, we also take a look at the current chart for crude oil to see where it may be going next and the reasons why the Fed should be talking up rate hikes.
More information available on Horowitz & Company’s TDI Managed Growth Strategy