
What a week to trade and invest. With the FED raising 25 bps as expected the market reacted with the usual volatility. The S&P 500 ($SPX) (SPY) whipped around on Wednesday afternoon and gapped up Thursday only to end the day down. Even with all that excitement it finished up 1.05% on the week.
In addition, there were a lot of high impact earning reports. There were a lot of top and bottom-line beats last week, but accompanying many of the calls was a revision down in future guidance. This led to more than a few stocks beating earnings but trading lower in the next session or two. This is something that could be very tradable in the remainder of the earnings reports. This week we have more earnings and more news on the horizon, so let's jump in and take a look at 5 things to watch in the markets this week.