The Fed could be a catalyst for bonds, and that could drive growth stocks in week ahead

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Bonds could be volatile in the week ahead. If yields go higher, that could make it difficult for big tech and other growth stocks to gain traction.

Apple's stall out is unusual for the tech bellwether. It helped power the market's gains last year.

"Watch Apple because it's a little bit of everything. Apple is growth, tech, retail. If anything is doing well, it should be Apple," Redler said.There is some important data in the coming week, including February's retail sales and industrial production, both on Tuesday. There is also a $24 billion 20-year Treasury note auction on Tuesday.The bond market has been speculating about something the Fed may not discuss after its meeting Wednesday afternoon.

"The markets are kind of divided on what's going to happen," he said. "I think most experts believe an extension is the appropriate path. You have not heard anything from the Fed on the matter.""I think you're going to see more volatility in a high pressure growth economy with extremely large deficits and an accommodative Fed," he said. "I think you're going to see these whippy moves."4:00 p.m.

 

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