Earnings season is coming to an end but there are a handful of companies reporting this week that could move the market, so you’ll want to keep an eye on them. We also have the all-important GDP report which could give us a clue as to whether those stimulus payments are creating economic growth, or growth-stifling inflation. This figure has had big swings the past few months and this report will indicate whether they’re beginning to moderate or not. Of course, a big component of our GDP is housing and this week and we’ll be getting new and pending home sales numbers for major markets which could be further indication of where the economy, and the markets, might be headed.
If you’re trading this week, be safe – have a trade plan and apply risk management.