The US stock markets closed higher Friday, the third straight up days. This is certainly a welcome relief from the previous brutal sell-offs. Although the volumes are lower on Thursday and Friday, but nevertheless, it is wonderful to see the relief rebound. For the week, all indexes closed higher, all of them logged 2% or more across the boards. The question remains as: "Is the low on Wednesday is the low for the support level for us to be watched?" I would use this level to see if the stock I wanted broke thru this "bottom" level. This could be the good gauge to see wheather you should enter the market or not. I am very happy to see we had 3 straight up days.
Nothing is major to be next week. Monday is closed for the Memorial holiday. Earning season is about over, Earning for next week will be:
Tuesday: (ABS), (CMCO), (FRE), (MCDTA), (OTIV), (SMTC), (VSNT), (VOD)
Wednesday: (NDN), (ADCT), (CPRT), (COST), (DRAM), (DBRN), (GMTN), (HOV), (NAVI), (NOVL), (SIGM), (TIF)
Thursday: (BBOX), (BCM), (CIEN), (CONN), (ESL), (HEI),(SYXI), (SEAC), (PTMK), (WIND)
Friday: (MDCI)
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