Big Picture Right Now: 8/18/2019
ANOTHER wild ride on the indexes last week – expect to continue
-Breaking news can and will cause volatility
-China trade, Hong Kong, Iran, North Korea, etc.
Complicated week for planned news
-FOMC meeting minutes will be released on Wednesday, 8/21, along with existing home sales
-Jackson Hole Economic Policy Summit starting on Thursday, 8/22
-New Home Sales on Friday, 8/23
Earnings this week
-HD (Home Depot) on Tuesday, 8/20
-LOW (Lowe’s) on Wednesday, 8/21
-CRM (Salesforce,) HPQ (HP Inc.,) GPS (Gap,) and DKS (Dick’s Sporting Goods) on Thursday, 8/22
The “R” word is on everyone’s mind and traders will be looking for any sign of it.
This week’s Video Update:
I welcome your questions, comments and feedback.
Dean