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RECAP FOR THE WEEK OF: Jan 05, 2009
"The holidays are over; things will return to normal.
Most activity this week should be seen on Tuesday and Wednesday.
Strong tendancy for the market to make further gains in the early part of the week.
Jobless Claims come out on Thursday."
RESULTS:
Wednesday was the big mover for the week as predicted.
Future gains in the beginning part of the week? Well, we did see the high for the week on Tuesday.
View recent OEX REVERSAL dates.
ALL CURRENT RECOMMENDATIONS
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OPTION
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ENTRY
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HIGHEST PROFIT
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SYMBOL
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DATE
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PRICE
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PRICE
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PERCENT
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FORECAST FOR THE WEEK OF: Jan 12, 2009
Most activity should be found in the first 3 days of the week; although, my volatility indicator is very low for the entire week.
Expect a mid-week reversal.
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FINANCIAL EVENTS THIS COMING WEEK
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Monday, 12-Jan-2009
11:00 4-Week Bill Announcement
01:00 3-Month Bill Auction
01:00 6-Month Bill Auction
Tuesday, 13-Jan-2009
07:45 ICSC-Goldman Store Sales
08:30 International Trade
08:55 Redbook
01:00 4-Week Bill Auction
01:00 52-Week Bill Auction
02:00 Treasury Budget
Wednesday, 14-Jan-2009
07:00 MBA Purchase Applications
08:30 Retail Sales
08:30 Import and Export Prices
10:00 Business Inventories
10:35 EIA Petroleum Status Report
02:00 Beige Book
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Thursday, 15-Jan-2009
08:30 Producer Price Index
08:30 Empire State Mfg Survey
08:30 Jobless Claims
09:00 RBC CASH Index
10:00 Philadelphia Fed Survey
10:35 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
04:30 Money Supply
Friday, 16-Jan-2009
08:30 Consumer Price Index
09:00 Treasury International Capital
09:15 Industrial Production
10:00 Consumer Sentiment
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Source: MyPivots
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