A Big Week
With the Earnings Reports coming due this week, and this being the last week of the month, we should see the market open up a little. However, the shadow of next week's FOMC could loom large. On the economic front, 3 key reports, Consumer Confidence, GDP, and PCE are all released later this week.
The 101.75 range thus far for April, and the market sitting in the middle of this range, make it seem like the bulls and bears could be playing a game of chicken. Who moves first. And will the move hold, or will it be undone by earnings reports, economic news, or next week.
It's all one big stare down at the moment, and we wait with bated breath.
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