June 21, 2015 The Week Ahead
June 21, 2015 The Week Ahead
Now, the S&P 500 ended Friday’s action on a weak note. However, it was up on the week, and still very near all-time highs.
Recent attention has been on China, as the Shanghai Index sold off more than 6% this week. If a continued sell-off occurs that could have implications on global markets.
In addition, the market is still waiting on what the resolution/outcome on Greece will be.
The VIX is slightly below the 14 level; however, on Friday, we did see it nearly gain 6% and close at 13.96.
Crude Oil futures prices barely changed this week; closing right below $60 per barrel.
We’ve got a decent amount of economic numbers, earnings and conferences to pay attention to, starting on Monday.
Here’s what’s on the schedule:
Key Economic Data:
22 JUNE 2015- Existing Home Sales 10:00 AM ET
23 JUNE 2015- Durable Goods Orders 8:30 AM ET, New Home Sales 10:00 AM ET
24 JUNE 2015- GDP 8:30 AM ET
25 June 2015- Jobless Claims 8:30 AM EST, Personal Income & Outlays 8:30 AM ET
Key Earnings:
22 JUNE 2015- SONC
23 JUNE 2015- BBRY, DRI, CLRX
24 JUNE 2015- LEN, MON, BBBY, SCS
25 JUNE 2015- NKE, MU, BKS
26 JUNE 2015- CAG, FINL
Key Conferences:
22 JUNE 2015 (runs till 6/23)- Goldman Sach’s Business Services Conference
23 June 2015 (runs till 6/24)- Bernstein Future of Media Summit
23 June 2015- Credit Suisse Global Ag & Chemicals Conference
23 June 2015 (runs till 6/24)- Jefferies Consumer Conference
23 June 2015 (runs till 6/24)- JP Morgan Media & Telecom CEO Conference
23 June 2015 (runs till 6/24)- Oppenheimer Consumer Conference
24 June 2015 (runs till 6/25)- Credit Suisse Basic Materials Conference
25 June 2015- JPMorgan European Healthcare Conference