Next week we get earnings from Walmart and a number of other retailers; earnings season is just about over with more than 80% of the S&P 500 companies having already reported. Also we get the CPI report (Consumer Price Index) on Thursday morning. The recent up-trend in the market could continue for a while, but as always be cautious -we are still in a bear market.
Take a look at a couple of nice charts in the middle of this bear market: MCD (McDonalds), JNJ (Johnson & Johnson), GIS (General Mills), and TJX (T.J. Maxx) are all hitting all time highs!
Stocks end the week with a bang
Oil sinks on stronger dollar to $115 a barrel
Fannie Shares Tumble as Home Loan Defaults Rise
Freddie Mac’s Big Loss Dims Hopes of Turnaround
UBS Settles Fraud Claims for $19.4 Billion
Citigroup returning billions to investors
Bank of America subpoenaed over sale of securities
$1 trillion in losses? Bank on more
Stocks and Indexes mentioned in this blog are for educational and illustration purposes only.
In other news...
Toilets Delay Boeing (BA) Planes
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