As oil-freeze talks fall apart Sunday, what it means for the US market this upcoming week.

Despite tepid economic data, the stock market continued its climb higher last week putting it in an even more risk skewed position as the velocity March quarter earrings increases.
March Retail Sales, Industrial Production and Producer Prices all fell short of expectation last week and company commentary from CSX, Alcoa and Unilever confirm our concern over earnings growth in the coming quarters.
The weekend’s oil summit failed to produce an agreement to cut oil production, and given expectations heading into the weekend as well as the 30 percent increase in oil prices we expect oil prices to fall early this week. Given the correlation of late between oil prices and the stock market the oil news there is a high probability the market starts the week off on a down note.
With 100 S&P 500 companies reporting earnings this week, we expect market volatility to pick up even more as the oil news is digested. We will continue to hold our defensive positions in Tematica Investing and our hedging positions in Tematica Pro.