Monday: Durable goods and pending home sales are the major economic reports being released. Caterpillar (NYSE:CAT) and Yahoo (NASDAQ:YHOO) earnings could sway markets.
Tuesday:Eli Lilly (NYSE:LLY), Pfizer (NYSE:PFE), Tupperware (NYSE:TUP), Amazon (NASDAQ:AMZN), and International Paper (NYSE:IP) are just some of the 120 companies reporting today. Consumer confidence and the S&P Case-Shiller report will be at the forefront of economic reports.
Wednesday: Although Facebook (NASDAQ:FB) reports earnings, expect the fourth-quarter GDP report and FOMC minutes to dominate market sentiment.
Thursday: Personal income and spending and jobless claims data will be released this morning. Altria Group (NYSE:MO), Colgate-Palmolive (NYSE:CL), and UPS (NYSE:UPS) will report earnings.
Friday: Employment data will be released, although I suspect motor vehicle sales will have more impact on market direction.
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Trading the Market Structure
Trades are set up using the "Trading the Market Structure" method. It is derived by taking the most common trading methods, Delta Neutral Trading, Swing Trading, and Trend Trading, and combining them into one system. By combining them in this fashion they offset each other's weaknesses, thus creating an unusually effective strategy.
To begin to understand the simple technicals behind this Trading System set up your Weekly, Daily, 30 minute, and 10 minute charts with these links:
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