Jul 28, 2008 - Issue #121
Joker attacks MRK! We haven't seen these prices since '05!
CNBC couldn't have seen this coming. Quick, send out the 'Bat' signal! Gotham City's under
attack! Where will that fiend strike next???
During the next two weeks, the following Dow components will report earnings. Keep a
sharp eye for 'surprises'. You might be able to catch a nice swing in the week or two
leading up to 'Earnings Day'.
7/28 - AXP, VZ.
7/29 - OSG (Dow Transportations).
7/30 - DIS.
7/31 - XOM.
8/1 - CVX.
8/5 - GM, PG. EXPD (Transports).
8/6 - AIG.
Dow score card for the week ending 7/25/08.
DJ-30: 11370.69 -125.88 -1.09%. The Real World (arithmetical) DJ-30: 46.55 -0.52 -1.09%.
UP: 14, Down: 16.
Trends (weekly charts): This is the subjective part.
Rising (Generally Higher Highs/Higher Lows) 8 (+2) 27%:
+*AIG, +*BAC, +*GE, +*HD, JNJ, +*MMM, +*PFE, +*UTX.
Consolidating (Generally Lower Highs/Higher Lows) 19 (-1) 63%:
AA, AXP, BA, -*C, CAT, DD, DIS, GM, HPQ, -*IBM, INTC, -*JPM, +*KO, -*MCD, MSFT, -*PG, VZ,
Declining (Generally Lower Highs/Lower Lows) 3 (-1) 10%:
CVX, -*MRK, T.
+/- denotes change of direction.
* denotes change of category.
Comments? Ideas? Feedback? Let me have it, right between the eyes! I'd love to hear from you. Just reply to this zine and tell me what you think!