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QMJ - Weighing The Week Ahead: Roadblocks To Recovery
Direxion S&P 500 High minus Low Quality ETF
The economic calendar is a normal one and is beginning to include data from after the start of the crisis. This week includes small business and consumer sentiment surveys, as well as April data for retail sales and industrial production. I will also be watching jobless claims, both new and continuing. As I have noted for weeks, none of this will matter. The stock rally on a day with a terrible jobs number makes clear the actual market focus. I expect market participants to be monitoring the economic reopening and asking,