The Week Ahead Outlook: 07/03/2006 - 07/07/2006

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Week Ahead Outlook
There is new content and a new look to the Week Ahead Outlook... I hope you find it even more useful.    Feel free to post market analysis, questions or comments.


Calendars:
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. 

On Monday, the 3rd of July, NASDAQ, NYSE & AMEX will close at 1:00pm ET

On Tuesday, July 4th, the Nasdaq Stock Market, NYSE (and other listed
exchanges), CME, CBOT, NYMEX, NYBOT and all ECNs and options exchanges
will be closed in observance of Independence Day.


Economic Calendar[/url]
Monday July 03---------------------
10:00 AM   Construction Spending
10:00 AM   ISM Index
Tueday July 04---------------------   
<<Market Closed>>
Wednesday July 05---------------------
12:00 AM   Auto Sales
12:00 AM   Truck Sales
10:00 AM   Factory Orders
10:30 AM   Crude Inventories
Thursday July 06---------------------
8:30 AM   Initial Claims
10:00 AM   ISM Services
Friday July 07---------------------
8:30 AM   Average Workweek
8:30 AM   Hourly Earnings
8:30 AM   Nonfarm Payrolls
8:30 AM   Unemployment Rate


Earnings Calendar[/url]
S&P 500 Companies Reporting:
M -   n/a
T -   n/a
W -  n/a
R -   n/a
F -   n/a 
-------------------------


Charts:
The charts section gives a brief look at the indices and commodities with technical analysis.  It helps to know the technical health of the market.  This is followed by an Industry Performance Table and a Summary with useful links.

So always first.. NASDAQ:










Indices:

 
 


Commodities:

 
 


Weekly Industry Performance:


http://www.marketwatch.com/tools/industry/default.asp?bcind_compidx=&bcind_period=1wk


To Sum It Up:
07/03/2006 - 07/07/2006

The Nasdaq finished +2.39% last week.. a strong move that has some leaning towards a bullish bias.  Not sure how much will get accomplished this week in the markets with only 3 full days of trading and no big earnings expected.  Friday's job numbers may create some movement.  Consolidation above 2150 sets us up for an attack on 2200.  Lets see if 2150 and 2140 support can hold.

Trade it good. 


Links:
GTA Bullish Report  A list of stocks that are showing bullish form.. these are the cream of the crop and great for adding to your watchlists.
GTA Requests  Ask stock questions on the GTA(requests) and get an opinion and chart analysis on the GTA(review).  A new one after each trading day.

Some of our member's threads:
Snowcat's Hot Stock Update!
Wrangler's trading zone
20 Golden Rules for Traders
** Never Break The Breakable **
Stocky's Diary
Ascending Triangles - Gotta love 'em!
WORLD CUP SOCCER !!!

Free Trial In our premium section the 3SOF team runs 2 portfolios.  We disclose our trades and analysis before we take action.. and make updates to these trades.  Check us out.. for free!