(function() { (function(){function c(a){this.t={};this.tick=function(a,c,b){var d=void 0!=b?b:(new Date).getTime();this.t[a]=[d,c];if(void 0==b)try{window.console.timeStamp("CSI/"+a)}catch(l){}};this.tick("start",null,a)}var a;if(window.performance)var e=(a=window.performance.timing)&&a.responseStart;var h=0=b&&(window.jstiming.srt=e-b)}if(a){var d=window.jstiming.load;0=b&&(d.tick("_wtsrt",void 0,b),d.tick("wtsrt_","_wtsrt", e),d.tick("tbsd_","wtsrt_"))}try{a=null,window.chrome&&window.chrome.csi&&(a=Math.floor(window.chrome.csi().pageT),d&&0=c&&window.jstiming.load.tick("aft")};var f=!1;function g(){f||(f=!0,window.jstiming.load.tick("firstScrollTime"))}window.addEventListener?window.addEventListener("scroll",g,!1):window.attachEvent("onscroll",g); })();

Monday, June 18, 2007

Indices Regain Ground



Last week, we saw the major indices rose steadily in the last 3 sessions, regaining ground after the sell off on interest rates hike concern. S&P 500 and Nasdaq were both supported by 50 MA. Of the 3 indices, Nasdaq has already shot past its previous high before the sell off; S&P 500 and DOW are still a little shy of overcoming those highs. The previous high now act as resistance and tt is critical for them to clear the previous high for the uptrend to continue.

Tue: Building Permits, Housing Starts
Notable earnings: BBY

Wed:
Notable earnings: CC, CMC, FDX, MS

Thurs: Leading Indicators, Phil Fed
Notable Earnings: JBL, COGN

Fri:
Notable Earnings: APOL


0 Comments:

Post a Comment

<< Home