To say the least!
Good luck to everyone.....God knows there's something here for everyone! There should be enough volume, volatility, news. etc, for all to benefit from.......Some, more than others, I'm afraid.
Besides the regularly scheduled weekly events (oil & gas inventory, etc), here are some highlights of important events that could move markets this week:
Today, Monday, April 17:
*8:30am: NY Feds do their monthly check up with questionaire results from about 200 NY State manufacturers.
1pm: Home Builder's assessment of economy and housing.
Tomorrow, Tuesday, April 18:
**8:30am: Housing Starts.
****11am: RELEASE OF THE MARCH 28 MINUTES OF THE NEW FED CHIEF'S FIRST FOMC MEETING!
Wednesday, April 19:
***8:30am: Jobless claims.
***10am: 10 Leading Economic Indicators release.
***12noon: Phillie Fed Survey.
Just a few "booby-trapped land mines" that we'll have to all navigate through.
To say nothing of all the key TECH E/Rs and a very key OE.
A very few highlights of this week's E/Rs:
Tues, April 18:
DHI, IBM, MOT, BTU, TXN, YHOO.
Wed, April 19:
AAPL, BOT, ET, EBAY, INTC, JNPR, NVLS, PFE, QCOM, RMBS.
Thurs, April 20:
MO, BAC, BRCM, CREE, ELNK, LLY, EMC, GM, GOOG, HSY, MRK, NDAQ, NEM, NE, NUE, PMCS, RYL, SNDK, SUN, VRSN, XTO, ACI, ARBA, SCHW, HAL.
Huge perecentage of banks/financials report.
As usual you predict that the sun will rise in the East and set in the West BUT the times may vary slightly. If we all bet on a time we may all be winners but some more than others.
Itm2000 is a contr-indicator but unfortunately he was too weak to take a position.