June 11, 2018 The Week Ahead

U.S. stocks stayed strong, as major indexes trended higher. The markets were lead by the services, industrial and consumer goods sectors. With earnings slowing down, here is what some traders will be watching in the coming week:

Focus this week will be on the upcoming FOMC meeting. Also, traders will be watching to see how markets react to the weekend’s G7 meeting. Some media outlets have written that there might be some backlash after how President Trump conducted himself during it.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +0.98%, SPDR S&P 500 ETF (SPY) +0.30%, SPDR Dow Jones Industrial Average ETF (DIA) +0.29%, iShares Russell 2000 ETF (IWM) +0.30%

The VIX closed lower on Friday, finishing it at 12.20.

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0..15%, iShares 20+ Year Treasury Bond (TLT) -0.64%, SPDR Gold Shares (GLD) +0.42%

Economic Releases:
12 June 2018- Consumer Price Index 8:30 AM ET

13 June 2018- PPI 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

14 June 2018- Jobless Claims 8:30 AM ET; Retail Sales 8:30 AM ET

15 June 2018- Industrial Production 9:15 AM ET

Key Earnings:
11 June 2018- LMNR, PLAY, KMG, ENZ

12 June 2018- CASY, HRB, OXM, SAIC

13 June 2018- TLRD, HLJI

14 June 2018- ADBE, FNSR, FRED, JBL, VNCE, MIK

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