3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

The Week Ahead Outlook: 4/3/2006 - 4/7/2006

Started by eliteG, April 02, 2006, 11:55:32 AM

Previous topic - Next topic

eliteG

Economic Calendar for the week:
http://biz.yahoo.com/c/ec/200614.html

Earnings this week:
http://www.earnings.com/earning_week.asp?date=20060403&client=cb

---------------------------------------------------------------

Charts:


eliteG


Dow Jones Industrial Average, S&P 500, Nasdaq 100, Russel:




eliteG


Oil, Gas, Gold and the Dollar.


eliteG


Airlines, Banks, Biotechs, Internets


eliteG


Network, Oil Services, Drugs, Retail.


eliteG


Brokers, Semis, Telecom, Utilities.


eliteG

To sum it up:

Nasdaq - neutral.. showing indecision after breakout, must confirm breakout
DJIA - neutral.. awaiting breakdown or channel bounce
S&P - neutral.. tight flag
NDX -  neutral.. awaiting breakout

Oil - bullish.. breakout strong trend
Gas - bullish.. support in place after breakout of inverse H&S
Gold - bullish.. breakout, strong move last week, strong trend
USD - neutral.. awaiting triangle break

Airlines - neutral.. strong support here
Banks - neutral.. awaiting action this week @ 106-105
Biotechs - neutral/bearish.. still some downward pressure
Internets - bullish.. nice move may lead technology higher
Networks - neutral.. top of channel may need to retrace
Oil Services - bullish.. inverse H&S breakout
Drugs - neutral/bearish..  had a strong move down but may be at support
Retail - neutral.. needs to bounce from broadening triangle breakout
Brokers - neutral.. breakout but not confirmed, possible fakeout
Semis - neutral.. needs to break the range its in, market needs semis to move
Telecom - neutral.. consolidating nice but may be over extended
Utilities - bearish.. triangle breakdown

dhiraj19

Awesome last post .. A summary pasted as my desktop to clearly concentrate on which sectors/stocks.
- Dhiraj

Terliso


gmarc66

Wow! That looks like alot of work. :)
Phew..i got tired just looking at all those charts.

Putting alot of effort into this Elite...applaud ;) Nice work buddy. ;D

julia

Amarens

Great work, applaud. You're doing a great analyzing job  :).

Missed one, that I have been following and made some great trades on, Silver. Still a little insecure when it comes to TA, but here is what I see and think  :-[.

Looks like it broke  out of its long term channel if we look at the one year chart. When we look at the shorter term chart it also broke out of its recend channel. Bounced back at Friday to the top of the previous channel. Confirming the break out...? ??? ??? ??? Going for new highs...?  ??? Or is this to early to say or am I missing something.

Elite look forward to you opinion and feedback. (understood from the email of March 22nd that you would be available to take questions, just don't know if this is the place)

Thanks in advance,
Amarens

wisebuys

WOW ... GREAT JOB G !!!!

Thanks for all your analysis.

Have a GRRRRRREAT DAY !!!!

joet

good mornin and happy april!  Could you provide your TA take on these:
HOM   fake??
INSM  news: going concern?
AOB
ADLR, holding short, time to cover?

Cheers Joe

eliteG

Phew  :D  I'm glad you guys like the Week Ahead Outlook  ;D

I hope it helps out thx  8)

-------------------------------------

Quote from: Amarens on April 03, 2006, 09:10:30 AM
Great work, applaud. You're doing a great analyzing job :).

Missed one, that I have been following and made some great trades on, Silver. Still a little insecure when it comes to TA, but here is what I see and think :-[.

Looks like it broke out of its long term channel if we look at the one year chart. When we look at the shorter term chart it also broke out of its recend channel. Bounced back at Friday to the top of the previous channel. Confirming the break out...? ??? ??? ??? Going for new highs...? ??? Or is this to early to say or am I missing something.

Elite look forward to you opinion and feedback. (understood from the email of March 22nd that you would be available to take questions, just don't know if this is the place)

Thanks in advance,
Amarens

Hey Amarens.. nice chart  ;)  Silver is going crazy.. using your chart, I dont think support is confirmed until silver closes above 11.75.  There is a lot of momentum and support there after a strong move like this so silver can definately keep going.  Goodluck.

ps: yes this is the place to ask Market/Sector questions ;)

echo


G,

ILMN, somebody mentioned las week as a good short. I still think its a good short with big resistance at around 26. Do you agree?

tia
There's always a bull market somewhere and I promise to bla bla bla bla........