Markets are looking stronger this week

Posted in Forecasting

Futures are up and we expect Dow Jones to open with an extension of the rally we have seen these last market days. Do we gain another 100 points?

There are a lot of indicators supporting a gain with US housing data lifting most Asian markets. European markets are also up. The S&P index is above it’s 200 day average and there are a host of earning reports due such as US Steel, Lockheed, Lexmark, Cit Group, DreamWorks and several others.

Keep an eye on the July consumer confidence report offered by Reuters and Michigan University that is due on Friday.

Seems like a Bull week :)

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  2. Global market madness opening week
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  4. Stronger Yuan to boost commodities and hurt imports

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This entry was posted on Tuesday, July 27th, 2010 at 4:42 am and is filed under Forecasting. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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