Greece today, FOMC tomorrow

Index & Sector performance 6/15/15

The Market:

An early gap down was attributed to their being no Greece bail-out deal over the weekend but the market found a bottom in early trading and drifted higher the remainder of the session.  If the market can hold today’s low then it can start to build a base but below and it looks like it could target 2050 quickly.

Healthcare (XLV) was the only sector on the WSC Scoreboard to finish higher for the session and is still holding its 50 day SMA.  The biggest laggards were Industrials (XLI), Materials (XLB), and Technology (XLK) finishing down 0.84%, 0.62%, and 0.61% respectively.

Focus will now likely shift to the FOMC which begins its two day meeting tomorrow and is scheduled to release their statement and Federal Funds Rate decision on Wednesday, 6/17/15.

Economic Calendar week of 6/15/15

Reporting EPS 6/15 – 17/15 After the Close:

Companies reporting EPS 6/15 – 6/17/15

Reporting EPS 6/16-17/15 Pre-Market:

Companies reporting EPS 6/16 – 6/17/15 pre-market

Analyst Comments:

Upgrades 6/15/15

Downgrades 6/15/15

Initiations 6/15/15

Price Target Changes 6/15/15