Busy week coming up! Here is the “Big Picture” right now and things to watch for: -More new highs on S&P 500 – for now -Still no deal with China – delegation heading to Shanghai this week -What about Iran . . .? -FOMC meeting July 30-31. Expectations high for a rate cut This coming week -Q2 earnings continues: Old school (Procter & Gamble, U.S. Steel, MasterCard) and New school (Beyond Meat, Wayfair, Etsy) Economic calendar -Reports on consumer confidence, construction spending and manufacturing activity all due, with the Biggy; July jobs report on Friday, August 2. Here is this week’s update video:
As always, I welcome your questions, comments and feedback. Trade safe. Keep your winners big and losers small! Dean