Looking At The Coming Week

Monday is going to be an interesting day as it will be the seasonally strong first day of the month. In addition, the ISM report will be released at 10 AM, which many are viewing as a key report. Many believe this report holds the key as to if we are entering a double dip.  I don't know that this report is the be all, end all but I do think the economy is weakening and most reports are likely to surprise to the downside. If it matters to a lot of people it could matter to the market.

A few days ago I thought we would see a turn lower in the market some time next week but that weakness came this week. I am going to stick to my call for strength early in the week and weakness later in the week but with very little conviction. Have a great weekend. 

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