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Tuesday, May 29, 2007

Week Ahead: 28/5 - 1/6

I'm back from my holidays and there's lots to catch up on having not access the internet for 2 weeks! It will probably take me a few days to warm up to the market, lol!

Last week marks the first down week for both the DOW & S&P 500 since it made 7 consecutive up weeks prior to that without taking any breather. The Nasdaq is not so lucky. Including last week, the Nasdaq has had 3 consecutive down weeks.



This is a short week packed with key economic data. Earnings announcement is light, with the majority coming from retailers.

Mon: Memorial Day (markets closed)

Tue:
Consumer Confidence
Notable earnings: CWTR, STP, BGP, BCSI

Wed:
FOMC Minutes
Notable earnings: CHS, DAKT, DBRN, JOYG, PSS, RL

Thurs:
GDP, Chicago PMI
Notable earnings: TIF, SHLD, DELL, COST, HOV, CIEN, BIG

Friday: Unemployment Rate, Personal Income, Personal Spending, ISM Index, Pending Home Sales


3 Comments:

Blogger OPTIONS TRADING BEGINNER said...

Hi SOT,

Welcome back!
Hope you had a wonderful holiday. :)

Cheers,
OTB

6:22 PM  
Blogger Simply Options Trader said...

Thanks OTB! It was a trip of shopping, lots of eating and sightseeing all rolled into one, lol!

Glad to have the company of another female options trader / blogger :P

4:06 PM  
Blogger Simply Options Trader said...

Typed a little too fast I guess...

I meant to welcome you on board, OTB. Now we have each other's company!

4:10 PM  

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