I think that markets are doing well considering everything we're going through. We're going to be in a tight trading range with a few pops upward here and there for the next few weeks, but we're going to come out of this (period) better off.
The market hates surprises. But we believe the odds substantially favor that the Fed will not raise interest rates next week, and that the market will take that as some degree of relief, unless they say something nasty. But basically we think we're into a good summer rally.
The number one factor next week will be the market's own internal dynamic. In other words, how much more momentum does the market have after going up 1,000 points in one month?
We have been and we remain in a very powerful bull market, ... in near term basis, the market has come long way in short period of time? and odds favor a bit of a time-out in the next week.