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Recommendations:
 

10/16/09: Russell 2000 - trading the Russell 2000 on intraday charts

10/09/09: S&P 500 Trading

10/02/09: plus 41 points on the S&P 500 over the last two weeks

09/25/09: More than 20 points on the S&P 500

09/18/09: +6% on the S&P 500

09/11/09: S&P 500 Chart with SBV beats the market

08/28/09: S&P 500 E-mini trading

08/21/09: Using SBV for intraday trading

08/14/09: 15 points on the S&P 500 is more than $7,000 on 10 S&P emini contracts

08/07/09: Trade with confidence

07/31/09: SBV caught the trend

07/24/09: SBV made 11 % on the recent rally

07/17/09: +8% on the S&P 500

 


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Financial News Review
(2006 Forth quarter)

12/29/2006

There was little market-moving economic or corporate news on this last trading day of the season. Rather, the press reviewed the unexpectedly bullish nature of the trading/investing year that has just come to a close, and - as discussed here yesterday – indulged in further bullish forecasts for the coming year.

Please note that Tuesday (January 2) will be a national day of mourning for the former US President Gerald Ford. As a result, most traders will enjoy a four-day weekend (details below). The bond market will be open, but will see an early close.


Key economic data for the week starting January 2, 2007. Numbers shown are consensus estimates (market anticipates this value) and prior value.
Monday:
Markets Closed for New Years Day
Tuesday:
National day of mourning for former U.S. President Gerald Ford. NASDAQ stock market, NYSE, and the American Stock Exchange (AMEX) will be closed.
10:00 ISM Manufacturing Index for December: 50.0 / 49.5
2:00 FOMC Minutes.
Thursday:
10:00 Factory Orders for November: NA / -4.7%
ISM Non-Manufacturing Index for December: 57.0 / 58.9
Friday:
8:30 Non-Farm Payrolls for December: 90K / 132K
Unemployment Rate: 4.5% / 4.5%
Average Hourly Earnings for December: 0.2% / 0.2%

© HGH Associated Press

News Archive (from 10/1/2006 until 12/31/2006)


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