bullish
Weekly Stock Bullfinder - Week of 7/25
SUMMARY
- Technology bellwethers Microsoft, Alphabet, and Apple will all report earnings this week which will be closely dissected and produce market moving swings.
- To add to the fun, the Federal Reserve meeting is also meeting this week and is expected to hike interest rates another 75bps.
- With global high frequency economic data showing forward looking signs of significant weakening, Jay Powell’s press conference will closely watched to see if he leaves any sliver of daylight open to slowing or pausing rates or balance sheet runoff into the fall/winter timeframe.
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