Sunday, September 21, 2014

The Weekly Market Outlook - $DJIA $SPX $NDX 22 Sept 2014

*****Traders, after holding breath for a few days waiting for the FOMC, let out a sigh of relief which bounced the markets once more to reach highs.  Not much more to it than that.

This coming week is the last of the 3rd quarter, so once more we look forward to the analysts opinions about earnings and what is to come in the 4th quarter to end another year of  positive gains and wonders. After which earnings season once again descends, positioning, tax strategies begin and soon the year will end.

But before I run away with thoughts too far ahead, listen to what my current thoughts are about the possibilities in the week ahead. Then take pleasure in the end of an Indian Summer and welcome the Fall(ing) leaves.

Happy Trading, Living and Dancing

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