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. ;)
Economic Calendar (http://biz.yahoo.com/c/ec/200620.html)[/url]
------------Wed May 24---------------------
8:30 AM Durable Orders
10:00 AM New Home Sales
10:30 AM Crude Inventories
------------Thu May 25---------------------
8:30 AM Chain Deflator-Prel.
8:30 AM GDP-Prel.
8:30 AM Initial Claims
10:00 AM Existing Home Sales
10:00 AM Help-Wanted Index
------------Fri May 26---------------------
8:30 AM Personal Income
8:30 AM Personal Spending
9:50 AM Mich Sentiment-Rev.
Earnings Calendar (http://www.earnings.com/earning_week.asp?date=20060522&client=cb)[/url]
S&P 500 Companies Reporting:
M - CPB LOW
T - CSC MDT
W - AZO NTAP
R - BLI PDCO
F - PGR
-------------------------
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 - have they found support?
Oil, Gold, Silver, Copper, USD
Banks, Brokers, Semis, Drugs, Retail
To sum it up:
05/22/2006 - 05/26/2006
Last week was a continuation of the technical breakdown in the market. On Friday we saw most charts show support and so the question this week is will this hold and follow-through? Oil and gold actually fell back while the dollar had a bounce. The bankers seem to be in the strongest position now(according to the chart and fed). Lets see what this week brings.
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)
Check Out last week's G-TA:
G-TA: Monday 05/15/2006 (http://www.3stocksonfire.org/trading/index.php?topic=5679.0)
G-TA: Tuesday 05/16/2006 (http://www.3stocksonfire.org/trading/index.php?topic=5691.0)
G-TA: Wednesday 05/17/2006 (http://www.3stocksonfire.org/trading/index.php?topic=5705.0)
G-TA: Thursday 05/18/2006 (http://www.3stocksonfire.org/trading/index.php?topic=5719.0)
G-TA: Friday 05/19/2006 (http://www.3stocksonfire.org/trading/index.php?topic=5732.0)
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