September 27, 2015 The Week Ahead

The S&P 500 ended the week lower, however; the trading range was fairly narrow.

With that said, the VIX closed above 23, as 20 appears to be the new base.

A lot of attention has been placed on the biotech/pharma sector after presidential candidate Hillary Clinton, made some comments regarding prescription costs. The market took these comments as being a negative in the sector, and thus, have put prices under pressure.

Crude Oil futures were relatively unchanged this week, as prices are trading slightly above $45 per barrel.

Now, here’s what’s on tap, starting on Monday:

Key Economic Data:
28 September 2015- Personal Income & Outlays 8:30 AM ET
1 October 2015- Jobless Claims 8:30 AM ET, ISM Manufacturing Index 10 AM ET
2 October 2015- Employment Situation 8:30 AM ET

Key Earnings:
29 September 2015- COST
1 October 2015- MU

Key Events:
28 September 2015 (runs till 9/30)- Deutsche Bank Leveraged Finance Conference
28 September 2015 (runs till 9/30)- Johnson Rice Energy Conference
29 September 2015 (runs till 10/1)- American Gaming Association Global Gaming Expo
29 September 2015 (runs till 9/30)- Wolfe Research Power & Gas Leaders Conference