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| Trying to avoid getting 'sunked' for the week. That hasn't happened too often since we started guessing. Definitely think Nasdaq is about to correct. Hoping for a Nasdaq sell off chases money into the Dow. Up On Friday. good luck today, baz [img]i/expressions/face-icon-small-smile.gif[/img] ------------------------------------------------------------------------------ Adding Photogen Technologies (PHGN) to Watchlist. www.photogen.com/ Will benefit from Quantum Dot Corporation (QDC) Who's product has been named one of the Top 10 Scientific breakthroughs. Also adding NONT....up 33% today. NANO Up 3.4% today on +1565 increase in daily trading volume. |
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| Good job last week Bostongambler, hope you have another good one. Going to go with UP on Monday. Key events in the week ahead * It's another week of earnings season. Here are the reports you want to watch. Some Companies reporting this week: American Express; McDonald's; Caterpillar; Amazon.com; Time Warner; United Parcel Service; Exxon Mobil. * Economists surveyed by Briefing.com expect December existing home sales, due ou Monday, to come in at an annualized rate of 6.1 million, up from 6.06 million in November. * The Conference Board's consumer confidence index for January, slated for Tuesday, is forecast to pick up to 95.1 from December's 91.3 * The New Hampshire Democratic primary is Tuesday. * The Federal Open Market Committee meets Tuesday and Wednesday. No change in rates is expected. * December durable goods orders, out Wednesday, are expected to lift by 2 percent, reversing November's 2.5 percent decline. * December new home sales, also on the docket for Wednesday, are expected to come in at an annualized 1.1 million, up from 1.082 million in November. * The fourth-quarter Employment Cost Index, due out Thursday, is expected to show a gain of 0.9 percent, down slightly from the third quarter's 1 percent. |
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| S&P up nine weeks in a row as of last friday. A rare event, it has only happened 11 times in the history of the index. most recent was in 1989. the longest ever weekly up streak is 13 in 1957. FWIW generally speaking th emarket has continued to rally off these streaks in the past. TA
__________________ In 1998 the Department of Justice brought charges under the Wire Act against 22 American citizens involved in managing foreign-based sites. "You can’t hide online," Janet Reno, the attorney-general, warned Internet betting operators, "and you can’t hide offshore." |
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| Up on Tuesday Tough call here. After such a big day yesterday, a small pull back may be in order. Currently, the Future Indicators very negative. Generally would go with that direction however, hope that the Consumer Confidence Index sends us on another good day. After trading begins, the Conference Board issues its January consumer confidence index. It's expected to soar to 98.5 from 91.3 in December, according to a consensus of economists surveyed by Briefing.com. The Actuary, That's very interesting info. We'll see if the ride can continue. Let's hope so. baz [img]i/expressions/face-icon-small-smile.gif[/img] p.s....just made it under the wire.[img]i/expressions/face-icon-small-confused.gif[/img] |
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| Up On Monday, good luck today and have a great week, baz [img]i/expressions/face-icon-small-smile.gif[/img] ---------------------------------------------------------------------------------------------------------------------------- Key events in the week ahead: * Earnings reports are still straggling in. Here are three to watch. * Economists polled by Briefing.com expect personal income for December, due out Monday, rose 0.2 percent versus November's 0.5 percent gain. Spending is expected to rise 0.5 percent, up from November's 0.4 percent gain. * The Institute for Supply Management's purchasing management index for January is expected to come in at 64 versus December's 63.4. Any number over 50 represents expansion in the manufacturing economy. * December construction spending figures, also due out Monday, are expected to show a gain of 0.8 percent compared with November's 1.2 percent. * January car and truck sales, released through the day Tuesday, are expected to come in at an annualized 13.8 million, down from December's 14.7 million. * The Institute for Supply Management's services index for January, due Wednesday, is expected to pick up to 60 from December's 58. * December factory orders, slated for Wednesday, are expected to rise by 0.3 percent after posting a 1.4 percent decline in November. * The government's preliminary read on fourth-quarter productivity, out on Thursday, is expected to show annualized growth of 3.4 percent compared with 9.4 percent growth in the third quarter. *Economists expect Friday's January jobs report to show a gain of 180,000 in payrolls versus December's gain of 1,000. The unemployment rate is expected to hold steady at 5.7 percent. ------------------------------------------------------------------------------------------------------------------- Would expect PIXR to do well since ending relationship with Disney. Placed on Watchlist. |
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