Sunday, December 2, 2012

Stocks Weekly Forecast

We all know the Fiscal Cliff will be the one of the biggest factors in the markets this week, but we believe that there is some other ones too. 

This weeks forecast. 

 - The stocks fumbled at the end of last week, hovering for the majority of Thursday's and Friday's trading sessions. Therefore, expect the market to do the same if no new news comes out of Washington.

- Any positive news of a Fiscal Cliff deal getting done will boost the markets and have a huge impact whether it be a democratic or republican deal. (although it seems a republican deal with effect the market even more)

- Any negative news of the Fiscal Cliff deal could keep the markets stalling, or even worse, spiraling downwards. Keep yourself informed with the news in Washington.

- Alleyway Investing is expecting a great holiday season, so for any good retail news coming out expect the market to react to it.

- The news in the housing department seems to be growing back to positive. This will be a huge sign of the economy getting through the recovery. 

So keep yourself informed and ready, because if no good news comes out of Washington about the Fiscal Cliff, we are in for a LONG ride. Right now it seems that Washington is in a grid lock, and no relief seems to be in sight. Although, news on the housing market and great retail numbers could help the market stay a float. Keep your eyes pealed and ears wide. 

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