The stock market finished the week higher after last week's sell-off. It came back with solid volumes. This is the trait of the bull left with us. The Nasdaq market, one of the strongest of all US market, is gaining 1% for the week. I believe it will attack the new high it made this year in a very short period of time, it is in a matter of weeks, or even days.
Technology stocks (the ones except (INTC), (MSFT), (YHOO), (CSCO), the former leaders) and basic materials are making the higher grounds. Those sectors are expected to have higher gains in the short and medium terms.
News events for Next Week, source Yahoo News
Conference/Events Calendar for the week of Jan 30th-Feb 3rd: : Events of interest for the week of Jan 30th-Feb 3rd include: Monday: Barclays Annual Global Inflation-Linked Bond Conf; Credit Suisse Energy Summit; JML at CFO Magazine's Excellence in Finance Conf; SNY Sales Conf Call ... Tuesday: T Analyst Meeting; ARMHY Q4 Analyst Meeting; AMTD, TSFG, GNW, ET, JPM, PMI at Citigroup Financial Services Conf; Barclays Annual Global Inflation-Linked Bond Conf; CRDN, FLIR, KFY, RUTH, EAC, CTSH, CVU at Forbes Dynamic Growth Forum; CTC, NTE at NYSE Virtual Investor Forum: Emerging Markets/Telecommunications; EZPW, TRLG, PENN, ADBE, ARRO, KSWS, MNRO, SEED, STGS, VAS, VDSI, WRLD, WLSN at Brean Murray, Carret Small Cap Institutional Investor Conference '06; IBF 5th Annual Nanotech Investing Forum; IHOP Guidance Announcement; Molina Healthcare 2006 Guidance Announcement; PEP at CFO Magazine's Excellence in Finance Conf; PNM Reousrce Guidance Announcement; QMAR, DRYS, FREE, EXM at Capital Link Dry Bulk Sector CEO Virtual Forum; SO, DYN, HC, WLL at Credit Suisse Energy Summit; FOMC policy announcement ... Wednesday: ASO, BAC, BEN, SLM, FRE, PNC, BK, CFC, TROW at Citigroup Financial Services Conf; CA, OPSW, PBI at Conference Board's 2006 Growth and Innovation Conf; COGN, DGIN , SNPS, HYSL, MENT, MSFT, ADSK, ISSX at Merrill Lynch IT Services & Software Conf; DSCO, TYL, WSTL, ANGO, SPNC, MOBI, BITI, AIX, FVRL at Brean Murray, Carret Small Cap Institutional Investor Conf '06; F, GM ,DCX Jan Sales Release; FRT at World Money Show; HW, SHFL, TRDO at Forbes Dynamic Growth Forum; WMB, NBL, WHQ, PGN at Credit Suisse Energy Summit ...Thursday: Global Pharma R&D Summit; HAL, GSF, CAM, MRO at Credit Suisse Energy Summit; NTRI at Emerald 13th Annual Groundhog Day Investment Forum; RHAT, RSAS, CEN, JCOM, ALDN, SAP, WBSN at Merrill Lynch IT Services & Software Conf; TEC, AMND, BOKC, CMA, STL at AAPL's NAPE Expo 2006 ...Friday: GLW Analyst Meeting; AAPL's NAPE Expo 2006; ADBE, VRSN, ADS, CDNS, CTXS, INFA, LAVA, SFNT, WEBX at Merrill Lynch IT Services & Software Conf; AVRX at Global Pharma R&D Summit; DVN, RIG, KMG, THE, VLO at Credit Suisse Energy Summit.
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