Stocks weekend review

The market closed modestly higher this week. Volume has dropped from the previous week. The only good news with the bull is the price of oil has dropped below the $60 per barrel, a former support level. But the fear of inflation is another obstacle which it needs to over come. The PPI which annonuced last week is much higher than expected, and the labor market is still strong. The US economy is humming along well, I believe this will eventually translate into a good market for bulls. Just be patience and wait for the next leg up.

Here is the news from Yahoo is worth watching:

Conference/Events Calendar for the week of Feb 20th-24th: : Events of interest for the week of Feb 20th-24th include: Monday: Markets closed for President's Day ... Tuesday: BBSI, LPSN, AVID at 2006 Roth Capital Partners 18th Annual OC Conf; COH at Wachovia Securities Consumer Growth Conf; DOW, OLN, SIAL at Morgan Stanley Basic Materials Conf; EDS Analyst Mtg; FLWS, JCOM at Credit Suisse Boston Small & Mid Cap Internet Conf; GIS, KFT, TSN at Consumer Analyst Group of New York 2006 Conf; WFR, ESLR, MAG at Piper Jaffray Opportunities in Solar and Clean Tech Symposium; Fed: FOMC Minutes released; Fisher speaks on global competition ... Wednesday: ADSX, RADN, PTEK, SNR at 2006 Roth Capital Partners 18th Annual OC Conf; ARTC Analyst Mtg; ARTD, RATE at Think Equity Annual Internet and Media Dinner; CFA Institute Risk Management Conf; CPB, PEP, SLE at Consumer Analyst Group of New York 2006 Conf; DD, CYT, CEM at Morgan Stanley Basic Materials Conf; DTV Analyst Mtg; JBLU, LUV, GOL, EAGL at JPMorgan Airline Conf; NICE Annual Investor Day; PBCT, PPBI, STSA at ACB Community Bank Investor Conf 2006; PFGC, CWTR, APPB at Performance Food Group Co. at Wachovia Securities Consumer Growth Conf; Thursday: CAL, BA, UPS, FRNT at JPMorgan Airline Conf; CFA Institute Risk Management Conf; ETN Analyst Mtg; MAR, UAG, JJZ, MSSR at Wachovia Securities Consumer Growth Conf; PLAB, UTEK, SYNA at D.A. Davidson & Co. Silicon Tech Conf; SFY Analyst Mtg SNDK annual Financial Analyst Mtg; SON, PKG, IP at Morgan Stanley Basic Materials Conf; TXI, FRK, EXP at Longbow Research Construction Materials Conf; Fed: Ferguson talks to insurance commissioners; Santomero speaks to financial analyst ... Friday: AVP, KMB at Consumer Analyst Group of New York 2006 Conf; CCK, VFC, TXRH at Wachovia Securities Consumer Growth Conf; LTR, JBLU, CD at The 2006 New York Times Travel Show; PHTN at D.A. Davidson & Co. Silicon Tech Conf; Fed: Ferguson speaks on education; Poole speaks locally at forum; Bernanke talks on central banking.