Like Heat Wave, Stocks Could be Hot Next Week
|Written by GSCR Staff|
|Friday, 29 June 2012 09:16|
When the market rallies very strongly on a Friday, as it is today, it feels great. It should help shape our weekend and given the fact that next week is an odd week, with the July 4th holiday smack dab in the middle, we expect Europe to shape our direction even more than usual. Believe it or not, we will still be down pretty sharply this quarter, even with this rally.
If this European relief rally holds on Monday, next week should be a time for investors to get back into the market with more fervor. For now, stocks are as hot as the heat wave. Enjoy it and prepare for more gains in technology and consumer stocks next week.
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