Market Overview and PriceWatch Alerts for Key Stocks

Strategic Insights -

The U.S. stock market is expected to experience a rally in the wake of the Presidents' Day holiday, with many traders returning to the market in a buying mood. Market analysts are predicting a strong advance in key indices, including the S&P 500 and the NASDAQ. Meanwhile, overseas markets are also looking positive, with 13 of the 15 markets tracked by Man Securities showing gains. The Zentrum fuer Europaeische Wirtschaftsforschung's (ZEW) economic expectations index fell slightly in January, but remains well above its historical mean. This week's economic calendar includes the release of the February Empire State Manufacturing Survey, which is expected to show a strong advance.

Key Takeaways:

  • The U.S. stock market is expected to experience a rally in the wake of the Presidents' Day holiday, with many traders returning to the market in a buying mood.
  • Market analysts are predicting a strong advance in key indices, including the S&P 500 and the NASDAQ.
  • Overseas markets are also looking positive, with 13 of the 15 markets tracked by Man Securities showing gains.
  • The Zentrum fuer Europaeische Wirtschaftsforschung's (ZEW) economic expectations index fell slightly in January, but remains well above its historical mean.
  • The February Empire State Manufacturing Survey is expected to show a strong advance.
  • The capacity utilization rate is expected to improve to 76.2% of use, up from 75.8% in January.
  • The January industrial production rate is expected to rise by 0.7%, up from 0.1% in December.
  • Man Securities has issued PriceWatch Alerts for SBC, WWCA, MWD, GSPN, and DNDN, indicating potential trading opportunities in these stocks.
  • Brit Ryle, chief trading strategist at Money Flow Matrix Trader, is expecting another 1-3 days of weakness in the NASDAQ, followed by a rally at the end of the week.
  • Schaeffer's Investment Research is offering a free e-weekly, Monday Morning Outlook, which provides a look ahead at the markets.
  • PowerOptionsPlus is offering a 14-day free trial and 5 free bonuses to help investors analyze and make money on options investments.

Statistics:

  • The cumulative average return on the overseas markets tracked by Man Securities stands at a positive 0.590 percent.
  • 13 of the 15 markets tracked by Man Securities are currently in positive territory.
  • The ZEW economic expectations index fell to 69.9 in January from 72.9 in December.
  • The January capacity utilization rate is expected to be 76.2% of use.
  • The January industrial production rate is expected to rise by 0.7%.
  • The February Empire State Manufacturing Survey is expected to show an advance to 40.5 from January's reading of 39.22.

Sources:

  • Man Securities
  • InvestorsObserver.com
  • 247profits.com
  • Schaeffer's Investment Research
  • PowerOptionsPlus
  • Money Flow Matrix Trader
  • Zentrum fuer Europaeische Wirtschaftsforschung (ZEW)
  • CBOE/NASD/SIPC (CRD#6731)