To The Moon

Down, Then Up.

$Nasdaq100 Bull 3X ETF(TQQQ)$ 

Stocks wrapped up a choppy week with more gains, though worries about banks and inflation persist. All three indexes finished the week up more than 1%. 

Fears about the banking system have caused traders to question whether the Federal Reserve's interest rate raising campaign may soon coming to an end.

Data on the U.S. consumer and housing market, plus several notable earnings reports, will be next week's highlights. Barring any surprises, federal financial regulators' Congressional testimony will be the main event on the banking front.

On Wednesday, Fed Vice Chair for Supervision Michael Barr and Federal Deposit Insurance Corp. Chairman Martin Gruenberg are scheduled to testify before the House Financial Services Committee. They'll discuss the collapses of Silicon Valley Bank and Signature Bank and efforts to maintain confidence in the U.S. banking system.

Earnings reports next week include BioNTech and Carnival on Monday, followed by Lululemon Athletica, McCormick, Micron Technology, and Walgreens Boots Alliance on Tuesday. Cintas and Paychex publish results on Wednesday, when Intel also hosts an investor event.

Economic data highlights of the week include Tuesday's consumer confidence index for March from the Conference Board and the Bureau of Economic Analysis' personal income and expenditures report for February on Friday. Consumer confidence is expected to fall slightly from the prior month.

Housing market data out next week includes S&P CoreLogic's Case-Shiller national home price index for January on Tuesday and the National Association of Realtors' pending home sales index for February on Wednesday.