Expectations Are High Next Week

Analyst expectations for next week's economic numbers are optimistic.

PRE-OPEN MARKET COMMENTS FRIDAY - The market is preparing for a heavy news cycle next week and we will get hit on every front (earnings, economic and monetary policy). Traders are not going to take any large positions ahead of that news so the action should be dead today. Wait for dips and buy on support. Take modest gains and wait for another dip. That is how I would approach trading today. The market is flat overnight and overseas markets have a slight negative bias.

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