I was light on commentary last week as my father in law passed away on Monday in Texas. The week was focused on family and helping my wife and her siblings get through this tough period. Here is what is on tap for this week.
The Dow Jones Industrial Average, the S&P 100, Russell 2000 and the NASDAQ 100 all rose for the third week in a row.
1.Geopolitical and Fiscal Events. Monday sees Federal Reserve Vice Chairman Fischer speak. EU Finance Ministers meet on Monday as do EU Leaders. Tuesday sees several primaries and caucuses. Thursday sees the ECB announce its latest decision and hold a press conference. Friday sees Fitch announce its latest rating on Greece.
2.Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and there are no other releases of note.
3.Earnings Releases. Notable releases include CASY URBN DKS NAV SQ EXPR DG ULTA BKE GCO.
Monday, March 7:
Federal Reserve Vice Chairman Stanley Fischer speaks at 2:30 p.m. EST.
Markets are closed in Russia.
Euro Zone Finance Ministers meet to discuss reforms in Greece and Cyprus.
European Union (EU) Leaders hold an emergency meeting on the refugee crisis.
Tuesday, March 8:
Markets remain closed in Russia.
Primaries and caucuses are held in Hawaii, Idaho, Michigan and Mississippi.
Wednesday, March 9:
The latest short interest data from the NYSE and NASDAQ is released after the close for data collected from 2/9 through 2/24. The S&P 500 rose 4.19% during that period.
Peace talks resume in Geneva on Syria.
Thursday, March 10:
The European Central Bank (ECB) will release its latest interest rate update. Then at 8:30 a.m. EST ECB Head Mario Draghi will speak at 8:30 p.m. EST.
Angie’s List (AWI) holds its analyst meeting and is a Type 4 Long Squeeze.
Index futures March contracts roll over to the June contracts.
Friday, March 11:
Fitch reviews their rating on Greece.If you enjoy the content at iBankCoin, please follow us on Twitter