Despite signs of life in the stock market over the past three months, the Federal Reserve's two-day meeting that ends Wednesday will be observed closely by worried investors for changes in the long-term economic outlook.

Investors expect pre-announcements from companies to provide clues to the corporate reporting period before the end of the second quarter on June 30. The third quarter outlook will be heavily influenced by corporate earnings. Earnings season begins with by Alcoa (AA) on July 7.

The bond market is another source of anxiety. The U.S. Treasury will issue $104 billion in bonds next week, with $2 trillion more expected this year. As bond prices fall, yields rise, possibly triggering higher borrowing costs for consumers and businesses.

Other indicators to watch include the housing report, with existing home sales reported on Tuesday and new homes on Wednesday. Also released on Wednesday will be the report for durable goods orders in May. On Thursday, expect data on the final first-quarter reading of the gross domestic product and weekly unemployment claims. Friday will see reports on personal income and spending in May, as well as the University of Michigan's consumer sentiment for June.

6 Stocks to Watch

The watchlist this week includes six stocks in steep uptrends. All six stocks could present pullback entry opportunities this week, as most of the stocks have already begun pullbacks after a down week in the markets. Technology stocks dominate the stocks to watch for this week.

Citrix Systems (CTXS)
Fiserv (FISV)
Johnson Control (JCI)
Microsoft (MSFT)
Texas Instruments (TXN)
Yahoo! Inc (YHOO)

Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.