Where do we go from here?

So ladies and gentlemen, after a scintillating 2012 Q1, where are we headed?

The stock market continues to be in a bull market. Every analyst from every bank is changing his/her year end target of S&P500. Some claim improving job market, some site housing market is turning around and some are just catching up. According to me don’t pay any heed to these people.  Just follow the market and it seems to be doing good -forecasting doesn’t help. In fact any kind of anticipation will bring ego and emotion in your trade.

 

But there are few things that concern me – lack of participation by public, oversold energy sector and the laggard Russel 2000.

The things that can impact the markets this week

Apr 02
ISM Index – Mar
Apr 02
Construction Spending – Feb
Apr 03
Auto Sales – Mar
Apr 03
Factory Orders – Feb
Apr 04
ADP Employment Change – Mar
Apr 06
Unemployment Rate – Mar

 

 

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