Wall Street Forecaster

Stocks to watch

Stock that look ready for a move down are:

AMGN
-- up 13% in the last 3 months

JACK
--Will report second quarter fiscal 2011 operating results after market close on Wednesday, May 18, 2011
-- Down 15% in the last 3 months.

NVLS
--10% drop possible

OSS Newsletter & Forecast

This week's letter has been posted at: http://www.oss.cc/oss_FreeServices.asp

SPX Daily Forecast

Should see higher prices today.

#SPX -- I would go long at 1342

SPX Daily Forecast
No clear pattern today. Low should be around Noon.

SPX Daily Forecast

A dip down early on, then higher prices for the rest of the day.

Look for higher prices this week.

OSS INDICATORS

Complimentary copy of this week's OSS INDICATORS newsletter: http://www.oss.cc/newsletters/OSS_INDICATORS_110509.pdf

Are banks going away?

"A few months ago we looked at Irish CurrencyFair, a peer-to-peer site that effectively removes banks and other middlemen from currency exchange. Pushing the peer-to-peer concept even further into the world of finance, Bitcoin is a collectively managed and open-source digital currency that's completely independent of any central authority."

Full article: http://www.springwise.com/financial_services/bitcoin/

More info: http://www.weusecoins.com/

SPX Daily Forecast

The High for the day should be around Noon followed by selling into the close.

SPX Daily Forecast

Selling all day.  Break below 1344 support would be bad.