[bazanster2]

Up on Monday

Dow Jones MACD, MACD Histogram, and Stochastic all have started to
reverse upwards. Note fast line (red) on the MACD.

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Key events in the week ahead
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* Economists polled by Briefing.com expect December wholesale inventories,
due out Monday, to register a 0.3 percent gain versus a gain of 0.5 percent in November.


* Wednesday, Fed chairman Greenspan gives his semi-annual testimony on monetary policy
to the House. He'll repeat it to the Senate on Thursday.

* December business inventories, slated for Thursday, are expected to add 0.3 percent,
the same rise as the prior month.

* Economists expect January retail sales to come in flat after growing 0.5 percent in
December. Excluding autos, they expect a gain of 0.5 percent.

* The December trade balance, due Friday, is expected to show a deficit of $40 billion
compared to November's $38 billion shortfall.

* The University of Michigan's first read on its consumer sentiment index for February,
due Friday, is expect to come in at 103.3, down slightly from January's 103.8.

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have a great week,

baz