Politics trump earnings next week
If Scott Brown wins the Senate seat In Masaschutetts,all bets are off for healthcare reform. The Obama agenda would be all but dead,and health care stocks could rocket higher. I will predict that he WILL WIN,and that It will change the entite dynamic of the equities markets.... TS
Earnings season may be in full swing, but company numbers aren’t the biggest potential catalyst next week. That honor goes to the Massachusetts Senate race, once thought to be a lock for Democrat Martha Coakley but now a legitimate tossup between her and Republican Scott Brown.
“A Brown win would be devastating for the president’s agenda,” Cramer said, “particularly on health-care reform.” http://www.cnbc.com/id/34880003