The Economic Data calendar for the week of the 16th of December through the 20th is full of critical releases and events. Attached below is a snapshot of some (though far from all) of the headline numbers that we will be focused on.
Takeaway: No, I don’t think Ben Bernanke has the spine to taper in December.
I sent out the US Dollar short signal on its bounce to lower-highs (within bearish TREND) yesterday. No, I don’t think Ben Bernanke has the spine to taper in December.
This is one of the few times I would be more than happy to be proven wrong. The Fed should have tapered three months ago.
We might get one hell of a Buy-the-Damn-DollarDown stock market pop next week if Bernanke Burns The Buck (again).
Editor's note: This is a brief excerpt from Hedgeye CEO Keith McCullough's morning research. Click here to learn more about how you can subscribe.
Daily Trading Ranges is designed to help you understand where you’re buying and selling within the risk range and help you make better sales at the top end of the range and purchases at the low end.
Takeaway: RH - Buy The Gift audio replay. In case you missed it, or want to hear it again.
Below is the link to the audio replay of the Flash Call on Restoration Hardware (RH) we hosted at 10:30am EST.
Audio Replay Link: CLICK HERE
What we covered on the call:
Takeaway: Please join us for a Flash Call on Restoration Hardware (RH) today December 13th at 10:30am EST
Please join us for a Flash Call on Restoration Hardware (RH) today December 13th at 10:30am EST to highlight why we are recommending to double-down and to buy the freak out this morning. This sell-off is a gift.
*There will be no slides associated with this call.
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