Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (37408)	6/24/2002 5:07:30 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70478

MONDAY The World Bank holds a conference in Oslo on development economics in Europe, focusing on the fight against global poverty. Treasury Secretary Paul O'Neill speaks to the Chamber of Commerce in Little Rock, Arkansas. Venezuela markets close. TUESDAY The consumer confidence index dropped to 105 in June from 109.8 in May, forecasts Merrill Lynch, as "terrorist fears and a drop in the stock market have started to weigh upon the consumer." Look for existing home sales to fall 3.3% in May, to a 5.6 million unit rate, Merrill says. The Federal Open Market Committee holds the first of two days of meetings to consider its policy on short-term interest rates. It's expected to hold the funds rate unchanged, and maintain its neutral risk assessment, according to PNC Financial Services Group. Treasury Secretary O'Neill addresses the University of Minnesota's Carlson School of Management in Minneapolis. Later, he speaks to the West Virginia Chamber of Commerce Business Summit, in Charleston, W. Va. European Central Bank Chief Economist Otmar Issing speaks about the euro, at a banking meeting in Paris. TechXNY, formerly PCExpo, is held in the Big Apple. WEDNESDAY Durable goods orders probably rose 2.0% in May, "paced by a defense-led snapback in transportation equipment requisitions," says Salomon Smith Barney. Orders rose 0.8% in April. The FOMC announces its decision on interest rates at about 2:15 p.m. EDT. The Group of 8 Summit meeting of financial and state leaders of the major industrialized countries and Russia begins in Kananaskis, Canada, amid tight security. They will focus on the global economy, terrorism and African development. OPEC ministers meet in Vienna; they are expected to leave quotas for production of crude oil at current levels. Rite Aid, where four former and current executives were charged with securities and accounting fraud, holds its annual meeting. THURSDAY The FOMC releases minutes of its May meeting. BEA Systems meets with European analysts in London. Mexican and Central American leaders meet to discuss how to improve investment and infrastructure. Finance ministers of the Asia-Pacific Economic Cooperation meet in Mexico. FRIDAY Personal income "should climb 0.6% in May, after rising 0.3% in April, Merrill Lynch forecasts. It sees consumer spending remaining essentially unchanged, after a 0.5% rise in April. Among those splitting their shares are Marsh & McLennan, 2-for-1, and Tenet Healthcare, 3-for-2.