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/200622.html)[/url]
------------Tues May 30---------------------
10:00 AM Consumer Confidence
------------Wed May 31---------------------
10:00 AM Chicago PMI
10:30 AM Crude Inventories
2:00 PM FOMC Minutes
------------Thur Jun 01---------------------
12:00 AM Auto Sales
12:00 AM Truck Sales
8:30 AM Initial Claims
8:30 AM Productivity-Rev.
10:00 AM ISM Index
------------Fri Jun 02---------------------
8:30 AM Average Workweek
8:30 AM Hourly Earnings
8:30 AM Nonfarm Payrolls
8:30 AM Unemployment Rate
10:00 AM Factory Orders
Earnings Calendar (http://www.earnings.com/earning_week.asp?date=20060529&client=cb)[/url]
S&P 500 Companies Reporting:
T - ABS CA FRE
W - COST NOVL TIF
R - BFB CIEN DG HNZ PLL
F -
-------------------------
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 - how strong will this bounce be?
Oil, Gold, Silver, Copper, USD
Banks, Brokers, Semis, Drugs, Retail
To sum it up:
05/30/2006 - 06/02/2006
Last week the indices found support on Wednesday and bounced(weak volume). Lets see if the bulls can turn this into an all out rally back to the top >:D.. Oil, Gold, Silver and the dollar consolidated while copper remains near highs. The sectors tried to follow the market with banks and drugs looking strongest. After a holiday the market usually has a bullish tendency.. the market may use this momentum to correct higher.. lets see what we get. Trade it good. ;)
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Check Out last week's G-TA: 8)
G-TA: Monday (http://www.3stocksonfire.org/trading/index.php?topic=5771.0)
G-TA: Tuesday (http://www.3stocksonfire.org/trading/index.php?topic=5793.0)
G-TA: Wednesday (http://www.3stocksonfire.org/trading/index.php?topic=5814.0)
G-TA: Thursday (http://www.3stocksonfire.org/trading/index.php?topic=5821.0)
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