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TSP's Top Stories To Watch Today

by The TopStock Team

Here are the top stories we are watching that could impact trading in the stock market this morning…

  • Incoming Portuguese Prime Minister Coelho said he will work to ensure a majority coalition so that austerity measures stay intact.
  • Eurozone Sentix Index - Another weak report across the pond.
  • Germany still favors involving the private bond holders in any new deal for Greece. The problem is how to do this without a default, which would trigger Credit Default Swaps (you remember those don't you?)
  • Apple's Worldwide Developers Conference begins today with Steve Jobs expected to present.
  • Speaking of Apple, Business Insider reports that AAPL is now worth more than Microsoft and Intel combined.
  • We're still on Groupon IPO watch this week.
  • No Economic Data is scheduled for release today.
  • Here's your executive summary of Wall Street Research for this morning.
  • TSP 10.0 Report highlights five stocks are rated 10.0 (out of 10.0). We use this report to confirm the market's leadership.
  • Oil prices are falling this morning - May futures trading at $99.22
  • Key technical areas to watch on S&P 500 (cash index) - Key Support: 1300ish, Resistance: 1320

 

  S&P 500 Last 3 Months
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  US Oil Fund - Last 3 Months
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  PowerShares US Dollar - Last 3 Months
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