The Week Ahead: FOMC and Technology Sector Earnings
TheStreet's David Peltier and Andrew Krill preview the week ahead with a focus on the FOMC and technology sector quarterly results after this week's surprise INTC guidance bump.
Portfolio Manager David Peltier and Research Analyst Andrew Krill preview the week ahead with a focus on the FOMC and technology sector quarterly results after this week's surprise INTC guidance bump. The FOMC is expected to cut another $10 billion off its annual asset purchases leaving the monthly purchases at $35 billion. We are not expecting any major surprises and expect the bond buying program to completely phased out later this year. Tech earnings will feature RHT, JBL, ORCL and ADBE. ADBE will be important given its implications for the cloud space and the recent volatility in cloud exposed names.
