A Look Ahead: Next Week's Market-Moving Events

By Oliver Pursche  DEC 07, 2012 4:33 PM

Markets continue to be weighed down by geopolitical pressures and concerns over the looming fiscal cliff.

 


MINYANVILLE ORIGINAL  No fear, no cheer, no movement. In spite of improving economic news, both domestically and globally, markets continue to be weighed down by geopolitical pressures and concerns over the looming fiscal cliff.
 
Next Week's Market-Moving Events:
The Trade:  If European and Japanese data are stronger than expected early in the week, start looking at stronger names in the industrial and manufacturing sectors. The market seems to want to rise, so any political progress could cause a “pop.” Hedging with January 140 SPY -- SPDR S&P 500 ETF (NYSEARCA:SPY) -- puts continues to be a wise strategy. 

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No positions in stocks mentioned.