Coming Up On Wall Street

The Reuters article points out that a market correction where equities will lose value is expected and probably or possibly coming sooner than later but it might not be this week. Most feel that when quantitative easing ends in June that will start a devaluation period.

We are back into slightly rougher waters.

There will be a few significant economic indicators coming through this week that will have a lot of pull. Investors will get more information of how the weak and major concern housing market is holding up and data on how we ingrate consumers are spending our dough - freely or not.

Reuters: Rising dollar threatens stocks' gains

The sharp sell-off in commodities markets earlier this month was seen by many as the first warning sign of a coming market correction.


Next month's end of the Fed's massive bond-buying program, also known as quantitative easing, is expected to knock down the value of stocks, commodities and the euro, a recent Reuters poll of 64 analysts and fund managers found.


The calendar includes new home sales for April, a second look at first-quarter gross domestic product, personal income and consumption for April and the final reading for May on consumer sentiment...