Thread: Pick The Dow
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Old 07-01-2009, 09:26 AM
bazanster2 bazanster2 is offline
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Join Date: Jul 2001
Posts: 5,820
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BG,


Assuming that yesterday´s Future Indicators were up prior to the Market Opening because the DOW Opened up yesterday.
The poor Consumer Confidence report caught the Market by surprise.
It was expected to show continued improvement.
So enter the day, 1-1 on the week.

Not getting any easier due to the amount of Economic Reports later in the day.
Have a host of reports tomorriw before the Opening Bell: Average Workweek, Hourly Earnings, Initial Claims,
Nonfarm Payroll and Factory Orders later in the day.
Furtures currently positive, but really have no idea which direction the Market may take.

Guessing UP on HUMP Day,

gl,

baz
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Economic Reports:
ADP Employment Change 8:15am(Eastern)
Construction Spending 10:00am(Eastern)
ISM Index 10:00am(Eastern)
Pending Home Sales 10:00ma(Eastern)
Crude Inventories 10:30am(Eastern)
Auto Sales 2:00pm(Eastern)
Truck Sales 2:00pm(Eastern)
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