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*** LATEST UPDATES ***
The nightly charts are back up again.
Just click on the .pdf link next to the date at
http://www.oss.cc/TradingRoom_List.asp
If you wish to receive a reminder nightly, just reply to this e-mail with "sign me up"
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RECAP FOR THE WEEK OF: Apr 06, 2009
Volatility cycle should continue this week.
Expect the markets to move down.
Greatest activity is expected on Thursday or Friday.
Follow up:
Subscribers were alerted that Monday was a reversal date. From the close on the previous Friday, to the low on Wednesday, the DJIA lost 305 points.
Thursday was the most active day both with point change (+246) and intraday movement (243 points).
View past OEX REVERSAL dates.
FORECAST FOR THE WEEK OF: Apr 13, 2009
MAJOR REVERSAL COMING. VOLATILITY IS HIGH.
Expect the markets to move down sharply.
Greatest activity is expected on Thursday or Friday.
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FINANCIAL EVENTS THIS COMING WEEK
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Monday, 13-Apr-2009
11:00 4-Week Bill Announcement
01:00 3-Month Bill Auction
01:00 6-Month Bill Auction
Tuesday, 14-Apr-2009
07:45 ICSC-Goldman Store Sales
08:30 Producer Price Index
08:30 Retail Sales
08:55 Redbook
10:00 Business Inventories
01:00 4-Week Bill Auction
Wednesday, 15-Apr-2009
07:00 MBA Purchase Applications
08:30 Consumer Price Index
08:30 Empire State Mfg Survey
09:00 Treasury International Capital
09:15 Industrial Production
10:30 EIA Petroleum Status Report
01:00 Housing Market Index
02:00 Beige Book
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Thursday, 16-Apr-2009
08:30 Housing Starts
08:30 Jobless Claims
10:00 Philadelphia Fed Survey
10:30 EIA Natural Gas Report
11:00 3-Month Bill Announcement
11:00 6-Month Bill Announcement
04:30 Money Supply
Friday, 17-Apr-2009
09:55 Consumer Sentiment
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Source: MyPivots
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