The Week Ahead Outlook: 05/08/2006 - 05/12/2006

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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.[/url]

link to Earnings Calendar for the week.[/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:

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The Dow, S&P 500, Nasdaq 100, Russel

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Oil, Gold, USD

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Banks, Brokers, Semis, Drugs, Retail

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To sum it up:
05/08/2006 - 05/12/2006

Earnings will have a big impact this week.  Tons of earnings releases.  We should remain cautious due to earnings but things seem to be turning bullish.. GOLD remains a powerhouse, oil has slowed down and the dollar looks weak...

Nasdaq - neutral
DJIA - bullish
S&P - neutral
NDX -  neutral
Russel - bullish

Oil - neutral
Gold - bullish
USD - bearish

Banks - bullish
Brokers - neutral
Semis - neutral
Drugs - bullish
Retail - neutral/bullish

Visit Stock Group Lists 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

Make sure to visit G-TA for some trading ideas and stock opinions.  A new one is opened and set to go everyday @ 10:30am.  Check out the G-TA last week:

G-TA: Monday 05/01/2006
G-TA: Tuesday 05/02/2006
G-TA: Wednesday 05/03/2006
G-TA: Thursday 05/04/2006
G-TA: Friday 05/05/2006

We run 2 portfolios in our premium service that are doing amazing!  Our members get the complete trade stategy and updates before we buy and sell.  Check out our free trial and let us show you what we can do!  Free Trial

[SmartWrasse]

Maybe we have entered into the summer shorty season.  Looks like the 4 year market cycle correction thing could be about to begin. 

Here is a link to an interesting historical, statistical analysis of SP500 since 1960's.  This link was posted on another MB by someone else.  If this is some sort of violation, accept my apology and delete the link
http://www.safehaven.com/showarticle.cfm?id=4860&pv=1