Friday, August 18, 2006

What is ahead next week for stocks

We had a market trend turning point this past week. The rally officially started on Tuesday and continued to today. We have 4 straight up days for the market. Monday's action is the typical up in the morning and down in the afternoon in the past. But the market turned after the cease-fire news and the PPI number came out. The bulls ran of the gates and advanced with massive firing power.

In this kind of market, pick the stock with strong up momentum and good fundamentals. I will profile them as I find them. A few example I have picked this week are: (NVEC), (NGPS), (STEC), and (NUHC). They all met the criteria I have set for them. They are worthy of being on your watch list.

I believe the short term bottom has been made. Buy more stocks as they met your criteria. I am sure I will find more in the coming weeks.

Event calenders from Yahoo for next week:

Conference/Events Calendar for the week of August 21st-25th: :
Monday: HWFG, PCBK, PFB, MBFI at Howe Barnes Investments Annual Bank Conf.
Tuesday: CCOW at Howe Barnes Investments Annual Bank Conf; Morgan Keegan Fixed Income Economic & Strategy Conf; Fed: Guynn speaks on economy; Moskow speaks on the economy.
Wednesday: AAPL's Summer NAPE 2006; IMCO Special Investor Conf Call; LNC Conf Call; ORCC Analyst Meeting.
Thursday: AAPL's Summer NAPE 2006; ORCC Analyst Meeting; PME at Informed Investors Life Sciences On-line Forum.
Friday: Fed: Bernanke speaks at Fed symposium

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2 comments:

Anonymous said...

Where do you get the Fed speakers' schedule? Thanks.

Taichi Sifu said...

If you go to the yahoo finance page, you will see it. Or you can check back on this blog.