Major Economic Calendar Events:
Housing starts – 8:30 am ET Consensus: 0.565 Million
Red Book – 8:55 AM ET
FOMC Meeting Announcement 2:15 PM ET Consensus: 0% to 0.25%
Earnings:
- No market moving companies report before the open
- After the close, two notable companies are AMBAC Financial (ABK) and Discover Financial Services (DFS)
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In addition, FocalEquity Alerts and Analytics, a service that is co-run by Idan and I based on our proprietary fundamental and technical models issued its first round of long and short recommendations for this week. Please sign up for our service if you are interested. Our goal is to issue 3 long and 3 short positions each week with detailed reasons, charts, targets and trade order placing instructions.
