Into the coming week I am planing to be long the S&P and short the bond markets. Stocks are likely to rise along with other risk assets including oil and at some point gold. Into the coming week I would also expect the dollar to move down as commodities are likely to rise. This week I will also closely be watching JNJ, MCD, JPM, BAC, GOOG, MSFT, INTC, IBM. So far I have a upside bias in financials and a downside bias in technology. Technology stocks have had some really bad earnings but, we might see some sort of recovery to fill some of the gap left behind. Financials have so far had a good earnings season and, I expect more gains out of this sector.
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