Who will Dominate the Stock Market Next Week: Bulls or Bears?

The week to come will be an interesting week for the stock market. We closed on the low side on Friday and got to some key support levels. The week ahead will have a great combination of two things:

- Fantastic earnings reports

- and counterproductive overall economic news.

So what will it be and up or down week?

We focus more on the upside, but sure let the market teach us.

Why do we focus on the upside: “after we hear one after the next great earnings report, somebody will step in and say: “it is not that bad.” But we act very careful this might happen when go to the downside first, scare a lot of investors out and then smart money will buy back in.

Hoping this helps.

We recommend for day traders to stay out of the market at the highlighted key news events.

 
To see our 5-10 years market outlook, click here: http://neverlosstrading.blogspot.com/2010/07/new-earnings-season-what-will-stock.html