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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: herry iball who wrote (16315)4/23/2002 11:27:48 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
Economic releases tomorrow and Thursday...

Initial Claims in the morning will decide the fate of the markets tomorrow IMO...whether they continue to fall off the crumbling cliff or reverse off the critical support areas they all closed right on.

GDP and Michigan consumer confidence on Thursday are going to be biggies, especially the GDP.

Apr 25 08:30 Initial Claims 04/20
consensus 425K prior 445K

Apr 25 08:30 Employment Cost Index Q1
consensus 0.9% prior 0.9%

Apr 25 10:00 Help-Wanted Index Mar
consensus NA prior 51

Apr 25 10:00 Existing Home Sales Mar
consensus 5.55M prior 5.88M

Apr 26 08:30 GDP-Adv. Q1
consensus 5.0% prior 1.7%

Apr 26 08:30 Chain Deflator-Adv. Q1
consensus 1.5% prior -0.1%

Apr 26 09:45 Mich Sentiment-Rev. Apr
consensus 94.5 prior 94.4



To: herry iball who wrote (16315)4/24/2002 11:15:19 AM
From: Susan G  Read Replies (1) | Respond to of 26752
 
The SOX is in trouble again here...BTK also

May be about to get one of those oscillator sell signals on the 30 min NQs again if they don't bounce soon.

Also there was a big MACD sell signal on the dailies last night, for NQs, Nasdaq and NDX. They don't happen too often...