SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : QQQ & DIA - chat & chart -- Ignore unavailable to you. Want to Upgrade?


To: Jon Khymn who wrote (243)12/9/2001 12:13:14 AM
From: Jon Khymn  Read Replies (2) | Respond to of 795
 
Next week's Major event events

1. 12/11 FOMC meeting. - With worse than expected unemployment data, I'm guessing 70% chance 1/4% cut, 20% chance 1/2% and 10% no cut. (With 1/4% cut, the market may not respond positively. 1/2% then rally, no cut will bring the market down hard)

2. 12/13 Nov. Retail Sales Report: expecting -2.8% but my guess is it will be better, perhaps down only -1.5%.

3. Also CIEN and ORCL earning report card due on Thursday.
CIEN's next year guidance will not be good.
These two will set the tone for the rest of December.