This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Coming Week: End the Quarter ... Please

Any hopes of window-dressing beefing up the results for quarter-end could be dashed, as traders have probably already done most of what they had on the agenda to close out the three-month period. The week will be only about three and a half days long, with markets closing early on Thursday and staying dark Friday in the U.S. for the Independence Day holiday.

"Trading desks will be thin" during the short week, says Greg Collins, CEO of Fountain Hill Investments, "and that could add to the choppiness and volatility."

The outlook for next week isn't too good overall.

In the bear-market levels registering now, "you've got to sell the rallies, says Bobby Harrington, head of block origination at UBS. "Investors are concerned. You have to keep an eye on redemptions [from funds] -- it's getting to the point where more people are saying they want to be on the sidelines here."

Also, some strategists expect a moderate selloff heading into the holiday.

"Markets may tail off," Dwyer of FTN says. "At this point, I don't think people want to be long or short. They just want to be out of the way."

Amid all the gloom, there are some encouraging signs, as well.

"I think the economy's hanging tough, even with all the negatives -- which really tells you that the U.S. economy is incredible," says Mark Coffelt, president and chief investment officer at Empiric Funds. "I'm very optimistic for the rest of the year." He points to the positive first-quarter GDP, among other things, to back up his belief.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FDO $79.39 0.05%
COP $56.28 0.00%
F $14.99 0.00%
HAL $40.41 0.00%
GM $33.43 0.00%


Chart of I:DJI
DOW 17,050.75 +138.46 0.82%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,810.7880 +19.6360 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs