I really hope everyone had a good time and were able to unwind this weekend. I spend most of my time mentally preparing for college, as I expect to hear back form my Wishlist colleges soon.
This is a short week. But a few big banks are announcing their earnings and tomorrow/Wednesday, the US Census Bureau will report on December retail sales. We need to keep a close watch. Retail sales a good indicator of what the sentiment on teh street is as we enter the new year.
Watch out for earnings from
- Morgan Stanley,
- Goldman Sachs,
- Charles Schwab,
- PNC Bank
- Discover Financial
I expect the banks to do well due to the high interest rate environment,