Links:
It is important to at least have a brief look at the economic and earnings calendars for the week... they may give trading ideas, explain certain market movements.. and keep you out of trouble. ;) Notice that there are a TON of earnings this week!
link to Economic Calendar for the week. (http://biz.yahoo.com/c/ec/200620.html)[/url]
link to Earnings Calendar for the week. (http://www.earnings.com/earning_week.asp?date=20060515&client=cb)[/url]
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Charts:
The charts section gives a brief look at the indices and key sectors with technical analysis. It helps to know the health of the market. This is followed by a summary.
So always first.. NASDAQ:
The Dow, S&P 500, Nasdaq 100, Russel - major breakdowns.. all looking for support.
Oil, Gold, Silver, Copper, USD
Banks, Brokers, Semis, Drugs, Retail
To sum it up:
05/15/2006 - 05/19/2006
Last week gave a clear bearish tone to the markets. All indices and industry groups broke some key lines of support. Will people panic or will the markets find support soon? Many earnings this week could provide volatility. Oil and gold looking great.. the dollar still looks very weak.
Visit Stock Group Lists (http://www.3stocksonfire.org/trading/index.php?topic=5250.0) to research groups of stocks doing well.
If you would like to add stocks or groups to this list check out Stock Group List Input (http://www.3stocksonfire.org/trading/index.php?topic=5247.new#new)
Make sure to visit Stock Review Output for some trading ideas and stock opinions.
Stock Review Output (http://www.3stocksonfire.org/trading/index.php?topic=5651.0)
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