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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (10948)6/1/2007 3:55:51 PM
From: Smiling Bob  Respond to of 19256
 
Nothing earth shattering due next week, so may be geopolitical event or big cap news that triggers sell-off

Date Time (ET) Statistic For Actual Briefing Forecast Market Expects Prior Revised From
Jun 4 10:00 AM Factory Orders Apr - 1.5% 0.6% 3.5% -
Jun 5 10:00 AM ISM Services May - 56.0 55.0 56.0 -
Jun 6 8:30 AM Productivity-Rev. Q1 - 1.0% 1.4% 1.7% -
Jun 6 10:30 AM Crude Inventories 06/01 - NA NA -1956K -
Jun 7 8:30 AM Initial Claims 06/02 - 315K NA 310K -
Jun 7 10:00 AM Wholesale Inventories Apr - 0.4% 0.3% 0.3% -
Jun 7 3:00 PM Consumer Credit Apr - $6.0B $6.0B $13.5B -
Jun 8 8:30 AM Trade Balance Apr - -$64.0B -$63.0B -$63.9B



To: Smiling Bob who wrote (10948)6/1/2007 3:57:14 PM
From: FR1  Respond to of 19256
 
The Russell 2000 will do its annual rebalancing act this month based on yesterday's close. Anybody want to guess who will be kicked off the list and who will be added?



To: Smiling Bob who wrote (10948)6/1/2007 4:04:25 PM
From: mechka1  Respond to of 19256
 
well I am leaving for a short vacation, keep an eye on RSH. Have a good trading week.



To: Smiling Bob who wrote (10948)6/4/2007 11:50:43 AM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
WS can't endure this much longer
Watch for delayed response later today or tomorrow. May need to couple the news with some other headline.
DOW currently 13652 is the peak for rest of June and some
---
Stocks Dip After China Stock Plunge
Monday June 4, 11:08 am ET
By Joe Bel Bruno, AP Business Writer
Wall Street Declines After Chinese Stock Market Plunge

NEW YORK (AP) -- Wall Street traded modestly lower Monday as investors shrugged off another slide in Chinese stocks, but still took a pause after major indexes surged to record levels last week.

The benchmark Shanghai Composite Index plummeted 8.3 percent, its biggest one-day drop since the Feb. 27 plunge that set off a brief global market selloff. The Chinese government has been trying to cool the country's market boom, causing the stock index to fall 15 percent since a record high last Tuesday.

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However, the effect of the latest stock drop in China was minor compared to the selling wave triggered in February -- and showed the U.S. market's resilience to volatility in overseas markets. Major exchanges in Europe and Asia also was able to brush off the latest Chinese shock.