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Monday, October 30, 2006

Week Ahead 30/10 - 3/11

Last Friday, Nasdaq closed in the red on higher than average volume. The main driver of this slide was Goldman Sachs cutting its growth forecast for motherboard shipments & reporting that motherboard demand is "falling off a cliff". It would be interesting to see if this sell-off will continue in this coming week packed with economic data & drag the overextended market down or will the stubborn bull streak press on.

Mon: Personal Income & Personal Spending
Notable Earnings:BEAV, RACK

Tue: Consumer Confidence
Notable Earnings: ADM, CCJ, X, CMI, UARM, GPI, PZZA

Wed:
Notable Earnings: ANDE, BIDU, INSP, TWX, LVS, LAZ, MA, VCLK, CRDN

Thurs:
Notable Earnings: ERTS, CEPH, QCOM, JEC, MGM, WTW, RIG, NKTR

Fri: Unemployment & Payroll


Big mover stocks for earnings today AMC & tomorrow BMO includes:
Today AMC: RACK, VMC

Tomorrow BMO: CMI, GPI, OSK, JOE, UAUA, X, UTHR

posted by Simply Options Trader at 11:08 AM PERMALINK


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