/biz/ - Business & Finance

>>49404553
>>49404578
But seriously, Schwab's thinking it's gonna be a bad week and they're right like 80% of the time:

Outlook
>The recent bullish rebound has stalled out and the indicators say more weakness and higher volatility is likely for next week.

Bottom Line
>While the economic data remains mixed, a hawkish Fed has kept markets on edge. That is unlikely to change any time soon. While the SPX is comfortable above a bear market, the bears have the upper hand at the moment.

>As you can see below, virtually all of the changes this week were downgrades and that shifts the overall balance back to Moderately Bearish for next week. Any further downside could also result in a slightly more Volatile week too.

Outlook
>The recent bullish rebound has stalled out and the indicators say more weakness and higher volatility is likely for next week.

Bottom Line
>While the economic data remains mixed, a hawkish Fed has kept markets on edge. That is unlikely to change any time soon. While the SPX is comfortable above a bear market, the bears have the upper hand at the moment.

>As you can see below, virtually all of the changes this week were downgrades and that shifts the overall balance back to *Moderately Bearish* for next week. Any further downside could also result in a slightly more *Volatile* week too.