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Re: Legster1969 post# 7378

Sunday, 03/13/2022 8:19:15 AM

Sunday, March 13, 2022 8:19:15 AM

Post# of 8183

The Federal Reserve meets next week with traders nearly certain that a 25-point rate hike will be announced. The Fed's current thinking on the timing of more rate hikes will be closely watched. Key economic reports include a producer price report that could show a double-digit gain from a year ago and the update on retail sales for February. FedEx (NYSE:FDX) is the most notable company to head off into the earnings confessional. Keep an eye on the London Metal Exchange to see if the nickel market (LN1:COM) is reopened and other commodities are also expected to trade with volatility off the latest Ukraine-Russia headlines. On the lighter side of things, the NCAA basketball begins next week with sports betting operators like DraftKings (NASDAQ:DKNG), BetMGM (NYSE:MGM), Caesars Sportsbook (NASDAQ:CZR) and FanDuel (MGM, OTCPK:GMVHF) looking for a huge amount of betting action.




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