With little earnings news, analyst conferences appear to be dictating the market. What's the trade heading into next week?
Analyst days have become major catalysts, explains Pete Najarian. Of all that’s going on next week, he’s expecting to hear an upside “surprise” from Lilly. And, at the Bank of America conference keep your eye on GMAC (GMA), he adds.
Mon Dec. 3rd Bank of America credit conference
Tues Dec. 4th Merck analyst meeting
Wed Dec. 5th Bristol Myers analyst meeting
Meeting of the OPEC conference
Thurs. Dec. 6th Eli Lilly analyst meeting