June 15, 2015 The Week Ahead

Now, the S&P 500 ended Friday’s action on a weak note. However, it is relatively at the same price as it opened up on Monday. This week the market will be paying close attention to what happens out of Greece.

In addition, they’ll be watching what comes out of the Federal Reserve Meeting, and their announcement on Wednesday. The market would like better clarity on what date the FED has set out to start hiking rates.

The VIX is slightly below the 14 level; however, on Friday, we did see it gain over 7% and close at 13.78.

Crude Oil futures traded north of $60 for most of the week; however, they closed below that level on Friday.

Here’s what’s on the schedule:

Key Economic Data:
15 JUNE 2015- Industrial Production 9:15 AM ET
17 JUNE 2015- FOMC Meeting Announcement 2:00 PM ET
18 JUNE 2015- Jobless Claims 8:30 AM ET, Pilly Fed Business Outlook Survey 10:00 AM ET,

Key Earnings:
15 JUNE 2015- LAKE
16 JUNE 2015- ADBE, BOBE
17 JUNE 2015- FDX, JBL, ORCL, PIR
18 JUNE 2015- KR, RAD, FNSR, RHT, SWHC
19 JUNE 2015- KBH, KMX

Key Conferences:
15 JUNE 2015 (runs till 6/17)- Goldman European Financial Conference
16 JUNE 2015 – Stifel Industrials Conference
16 JUNE 2015 (runs till 6/17)- JP Morgan Technology CEO Conference
16 JUNE 2015 (runs till 6/17)- RBC Global Mining & Materials Conference
17 June 2015 (runs till 6/19)- Wells Fargo Healthcare Conference