Weekly Outlook : July 22-26
This focus this week continues to be earnings announcements in the midst of all-time highs. Continue to be vigilant with holding any exposure after the bell since these reports can really move markets. Case in point last week when the IBM announcement resulting in a 50-point Dow drop in the initial seconds only to rebound +100 points in the moments thereafter.
Above is a snapshot of the relatively light economic calendar for the week highlighted by New Home Sales on Wednesday and Consumer Sentiment on Friday. Good trading to all.