Investors face another Washington deadline
investors face another Washington imposed deadline on government spending cuts this week, canada goose factory sale but it not generating the same level of fear as two months ago when Canada Goose online the cliff loomed large. budget crisis began again last week leading canadian goose jacket up to the March 1 deadline for the so https://www.salecanadagooseoutlets.com/ called sequestration when $85 billion buy canada goose jacket in automatic federal spending cuts are scheduled to take effect. Davidson Co in Lake Oswego, Oregon.
The fight pits Canada Goose Parka President Barack Obama canada goose uk shop and fellow Democrats against congressional Republicans.
Stocks rallied in early January after a compromise temporarily avoided the fiscal cliff, and uk canada goose outlet the Standard Poor 500 index has risen 6.3 percent since the start of the year.
But the benchmark index lost steam this week, posting its first week of losses since the start of the year. Minutes on Wednesday from the last Federal Reserve meeting, which suggested the canada goose coats on sale central bank may slow Canada Goose Online or stop its stimulus policy sooner than expected, provided the catalyst.
National canada goose black friday sale elections Canada Goose Jackets in Italy on Sunday and Monday could also add to investor concern. Most investors expect a government headed by Pier Luigi Bersani to win and continue with reforms to tackle Italy debt problems. However, a resurgence by former leader Silvio Berlusconi has raised doubts.
has been in the last six months less of a topic for the stock market, but the problems haven gone away. This may bring back investor attention canada goose clearance to that, said Kim Forrest, Canada Goose sale a senior equity research analyst at Fort canada goose Pitt Capital Group in Pittsburgh.
OPTIONS BULLS canada goose store TARGET GAINS The spending cuts, if they go ahead, could hit the defense industry particularly hard.
Yet in the cheap Canada Goose options market, bulls were targeting gains in Lockheed Martin Corp, the Pentagon biggest supplier.
Calls on the stock far outpaced puts, suggesting that many investors anticipate the stock uk canada goose to move higher. Overall options volume on the stock was 2.8 times the daily average with 17,000 calls and 3,360 puts traded, according to options analytics firm Trade Alert.
The stock ended 0.6 percent higher at $88.12 on Friday. budget deficit in the buy canada goose jacket cheap next canada goose clearance sale few days, a sequester would include significant cuts in defense spending. Companies such as General Dynamics Corp and Smith Wesson Holding Corp could be affected.
General Dynamics Corp canada goose uk outlet shares rose 1.2 percent to $67.32 and Smith cheap canada goose uk Wesson added 4.6 percent to $9.18 Canada Goose Outlet on Friday. gross domestic product is expected on Thursday, and some analysts predict an upward revision following trade data that showed America deficit shrank in December to its narrowest in Canada Goose Coats On Sale nearly three years.
Investors will be looking for any hints of changes in the 2018 Canada Goose uk Fed policy of monetary canada goose uk black friday easing when Fed Chairman Ben Bernanke speaks before congressional committees on Tuesday and Wednesday.
Shares of Apple will be watched closely this week when canada goose coats the company annual stockholders meeting is held.