iBankCoin
Joined Nov 11, 2007
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Earnings Jitters Expected To Create Market Volatility

“Like thunderstorms cooling an overheated landscape, more selling could rumble through the stock market in the coming week.

Earnings, Fed speak and some important data, like March retail sales Monday and industrial production Wednesday, will be key in what could be a very volatile, holiday-shortened week. About 50 S&P 500 companies are expected to report—including Bank of AmericaGoogleIntelCoca-Colaand Johnson & Johnson.

Also closely watched will be a speech by Fed Chair Janet Yellen at the Economics Club of New York Wednesday afternoon. Markets are closed on Good Friday, and trading is expected to be thin because of the Passover and Easter holidays.

Traders are also watching developments in Ukraine, where gunfights broke out Sunday as police battled pro-Russian militants for control of a local police station.The US Ambassador to the UN Samantha Power said Sunday morning that the US could increase sanctions….”

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