OUTLOOK FOR THE DAY Well I called it. Mostly. I said we would go down ,come back up, and then go down again. I missed on that last part. However, look at the candle that formed from yesterday. We have a well formed hammer at the resistance line. That points to a down day today. And I dont think we will bounce back from it in the same day. So I think we have a solid red candle today. Futures seem to support that. We are very flat this morning all across the board. Virtually every stock on my list is flat for premarket activity. ________________________ ECONOMIC EVENTS: Mon. ISM Services Index, Total Vehicle Sales Tues. Trade Balances Wed. Nonfarm Payroll, Consumer Credit Thurs. Initial Jobless Claims _________________________ TOP EARNERS FOR THE WEEK: Monday Before the Open: Occidental Petroleum (OXY), Pfizer (PFE), Sysco Corp (SYY) After the Close: American International Group (AIG) Tuesday After the Close: Activision Blizzard (ATVI), Electronic Arts (EA), First Solar (FSLR), Groupon (GRPN), Walt Disney (DIS), Whole Foods (WFM) Wednesday Before the Open: Chesapeake Energy (CHK), Devon Energy (DVN), Molson Coors Brewing (TAP) After the Close: Keurig Green Mountain (GMCR), Solar City Corp (SCTY), Tesla Motors (TSLA), Zillow (Z) Thursday Before the Open: DISH Network (DISH), Priceline (PCLN), Regeneron Pharmaceuticals (REGN) After the Close: NVIDIA Corp (NVDA), Silver Wheaton (SLW)
Posted on: Tue, 06 May 2014 12:46:54 +0000
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