In this issue:
Dear Toolbox Readers,
We have seen a big move to the upside recently although the markets still trading below their 30 week moving averages.
The broader market stochastics are looking overbought and with oil continuing to hit new highs we could be looking for a pullback this week.
There will be a lot of news and earnings data that could take us higher if companies can manage a few upside surprises.
The earnings calendar in the Research Lab will update at 8am so you'll have a look at the whole week ahead with estimates and comparisons to last year.
Not that it will give you a crystal ball, but it's always nice to know if any of the stocks you are currently holding are going to release earnings information.
Earnings data is often a catalyst for radical price changes and you do not want to be caught on the wrong side.
I want to thank those of you that signed up for the free online trading seminar.
We are doing it this Friday night and we still have a few spots left for getting in on the call.
Our guest this week will be Don Harrold.
He is a market maverick from way back and really loves the market, and the "game" that is modern trading.
We are going to talk about technical analysis, day trading, swing trading, trading platforms, charting software, scanning the market and picking stocks.
Do not miss your chance to get in on it as it will be enlightening and entertaining.
If you have not done so already...
Download the Desktop Finance Portal Today
Until Next Time...
