Looking at the Monday markets, there is some news that might assist you in making some trades to bring in some money.


News:
U.S. Airways (LCC), Continental Airlines (CAL) and United Airlines parent UAL Corp (UAUA) temporarily cut service to Mexico on Friday, citing lower demand for flights to the country hardhit by a flu outbreak. With less revenues coming in from the cuts in service, watch the stocks to fall and find a lower support level. Link.

The coffee war between Starbucks Corp. and McDonald’s Corp. is coming to a boil this week, as the two chains launch national marketing campaigns. Starbucks aims to persuade consumers that its coffee is superior to the competition’s, while McDonald’s is trying to build a quirky new brand around its mochas, hot cocoas, lattes and cappuccinos, with ads showing consumers how the drinks can brighten — or “McCafé” — their day. Link.

A week laden with key economic reports and results of stress tests on banks will determine whether Wall Street is ready to rally further or take a sharp U-turn. The government’s assessment of the health of 19 big banks plus April employment data and retail sales reports will be the latest challenges to a rally that has driven stocks to their best two-month performance in nearly 35 years. Since March 9, the Dow Jones industrials are up 25.4 percent and the Standard & Poor’s 500 index is up 29.7 percent. Link.

When Walt Disney Co. reports its fiscal-second-quarter earnings on Tuesday, investors will be keen to discover just how much magic the Kingdom holds in the face of the economy. All eyes will focus on the health of the company’s theme park, to which Disney has aggressively used promotions and discounts to drive attendance. Link.

For this week, the stress tests can potentially produce a breakout on the financial stocks. Look at them for a push once the results are released. Some are speculating that the results will not have any big surprises so after the wait for the results, movement can happen again. Another sector is coal. I want to get back into (PCX), one reason is because its a great company that is WAY off its highs and killed earnings. And another is because last week I only made $36 in profit on the stock and sold when I thought it would drop in price before moving back up. I was wrong and need to redeem myself. If the stock pulls down a bit, I will be in right away. Don’t get caught up in a rally on the upside!

Happy Investing!

Aman, MBA

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