Following a hectic and volatile week last week, there are several major economic data releases along with many key earnings releases this week that could help drive the markets forward this week. Every day this week features some sort of significant economic release, none more important than Tuesday’s Consumer Confidence release and Friday’s Employment Report. As we noted on Friday, we are continuing to search for a near-term bottom in the markets, but remain confident that our core fundamental thesis remains intact, although the larger than anticipated correction has pushed back our target of SPX 3,200 to early 2019.
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