TSP's Top Stories Before the Bell
Here are the top stories we are watching that could impact trading in the stock market this morning…
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PIGI'S Update: Portugal T-Bill auction was well attended, but rates stayed stubbornly
high - this despite the bailout announcement this week.
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EC Commission Says Ireland is on track; releases second tranche of
bailout funds.
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Debt Ceiling Update: One member of the "Gang of Six" working on the debt ceiling issue has
bailed.
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Investor's Intelligence reports that bullish sentiment pulled back a bit last week.
However, the level of upbeat sentiment remains elevated.
- The FOMC releases the minutes of its April 26-27 meeting at 2:00 pm eastern.
- Moody's downgraded the debt rating of Australia's 4 largest banks.
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Here's your executive summary of Wall Street Research for this morning.
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Are you looking for yield? Check out TSP's report on the highest yielding ETF's.
- Oil prices are rising this morning - May futures trading at $98.06
- Key technical areas to watch on S&P 500 (cash index) - Key Support: 1320, Resistance: 1354-60
S&P 500 Last 3 Months
US Oil Fund - Last 3 Months
PowerShares US Dollar - Last 3 Months
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