Stronger than expected manufacturing data helped stocks deliver strong gains last week. However, a series of economic reports showed the economy was not growing as fast as investors hoped. The big attraction this week is Friday's June unemployment report. Investors will also be looking for companies to make pre-announcements ahead of Q2 earnings season. The implied volatility remains on a low level.
Tuesday, July 5, 2011
Awaiting jobs report
Stronger than expected manufacturing data helped stocks deliver strong gains last week. However, a series of economic reports showed the economy was not growing as fast as investors hoped. The big attraction this week is Friday's June unemployment report. Investors will also be looking for companies to make pre-announcements ahead of Q2 earnings season. The implied volatility remains on a low level.
