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For Monday:
Google is VERY concerned that if Microsoft takes over Yahoo the freedom of the internet will be in peril - so, they are advocating the government regulate Microsoft (again) from creating a monopoly which would certainly be stiff competition for Google. Can you spell IRONIC? Google ads are big business - I am not sure I swallow the "openness and innovation" aruments of Google's lawyer -
But for us it means bloodthirsty speculation and news other than stimulus packages (hehe) and housing credit uncertainty which tends to make speculators no so speculative.
Things are looking up for the S&P's and the volatility and opportunities will be GREAT!
Upcoming Reports:
Monday:
Challenger Job-Cut Report 7:30 ET
Factory Orders 10:00 ET
Tuesday:
ISM Non-Mfg Survey
10:00 ET
Wednesday:
MBA Purchase Applications 7:00 ET
Productivity and Costs 8:30 ET
Thursday
Jobless Claims 8:30 ET
Pending Home Sales Index 10:00 ET
Consumer Credit 3:00 ET
Friday:
Wholesale Trade 10:00 ET
From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Monday, Feb 4th:
For Monday:
Google is VERY concerned that if Microsoft takes over Yahoo the freedom of the internet will be in peril - so, they are advocating the government regulate Microsoft (again) from creating a monopoly which would certainly be stiff competition for Google. Can you spell IRONIC? Google ads are big business - I am not sure I swallow the "openness and innovation" aruments of Google's lawyer -
But for us it means bloodthirsty speculation and news other than stimulus packages (hehe) and housing credit uncertainty which tends to make speculators no so speculative.
Things are looking up for the S&P's and the volatility and opportunities will be GREAT!
Upcoming Reports:
Monday:
Challenger Job-Cut Report 7:30 ET
Factory Orders 10:00 ET
Tuesday:
ISM Non-Mfg Survey
10:00 ET
Wednesday:
MBA Purchase Applications 7:00 ET
Productivity and Costs 8:30 ET
Thursday
Jobless Claims 8:30 ET
Pending Home Sales Index 10:00 ET
Consumer Credit 3:00 ET
Friday:
Wholesale Trade 10:00 ET
From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for Monday, Feb 4th:
