The Week Ahead: Ed’s Daily Notes for June 16th   Leave a comment

There’s only one thing you need to know this week:

janet-yellen-money-printer

Yes, it’s Fed week! The Federal Reserve’s Open Market Committee meets on Tuesday and Wednesday, making their announcement Wednesday at 2 pm EST, followed by Chairman Janet Yellen’s press conference at 2:30.

For earnings reports, we will be getting Oracle (ORCL) on Thursday and CarMax (KMX) on Friday.

The rest of the week will be centered on events out of Iraq. With the U.S. evacuating “some embassy personnel”, things don’t look good.

P.S. We also have Quadruple Witching (options expiration) on Friday. What more could you ask for?

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Posted June 16, 2014 by edmcgon in Federal Reserve, News

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