U.S. Equities Week End Brief: August 18, 2017 - Forex News by FX Leaders

U.S. Equities Week End Brief: August 18, 2017

Posted Friday, August 18, 2017 by
Shain Vernier • 1 min read

Unless we see a major rally on the U.S. session close, American equities will retreat for the second straight week. Currently, all of the major U.S. indices are trading in the red on the weekly timeframe. Are we headed into a full-blown correction?

Next Week

There really isn’t a whole lot on next week’s docket as far as U.S. equities go. But, rest assured there will be opportunities available.

However, it will be interesting to take a look at the New Home Sales reports and the Housing Price Index for the U.S. real estate market. Those releases will give us a better idea of consumer sentiment and the commercial lending situation.

stockIs The US Equities Bubble Ready To Pop?

As we head towards September’s FOMC meeting, expect uncertainty in the marketplace. It is still a month away but will be a big part of the institutional investor’s trading plan.

Until then, the intermediate-term future of U.S. equities will be in limbo. Uncertainty creates volatility, and volatility creates opportunity. For some great ideas on how to trade the indices during the most opportune times check out the trading signals on FX leaders.com

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About the author

Shain Vernier // US Analyst
Shain Vernier has spent over 7 years in the market as a professional futures, options and forex trader. He holds a B.Sc. in Business Finance from the University of Montana. Shain's career includes stretches with several proprietary trading firms in addition to actively managing his own accounts. Before joining FX Leaders, he worked as a market analyst and financial writer.
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