Technical Forecast for the Week Ahead

Investors and traders often ask me: 'Simon, why don't you allow a sneak peak at your Technical Forecast so I can see if it's for me?'

The simple reason we generally don't make the practice of 'previews' is to reserve the information in regard for those who are paying for the forecast. Having said that, I think that this week's forecast is a nice sneak peak without giving away the farm.

Below is the entire Technical Forecast for the week ahead published on July 17, 2011 (charts featured in this article are reduced due to upload restrictions):

In addition to all the 'normal' news, Wall Street will be focused on two developments this week: Earnings and the debt ceiling negotiations.

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What Factors can pull My Credit Score Down?

Your credit score is an important number. Why? It is used by creditors and lenders to gauge your credit worthiness. Thus, you need to protect your credit rating as much as you can. You need to consistently monitor your credit records with the three credit report bureaus. You need to maintain its accuracy and credibility. In so doing, you can protect the financial prospects and credit options that you might take in the future.

But what factors can pull your credit score down? What should you do to prevent your credit score from sliding down? You will find the answers to these questions in the remainder of this article.

Factors that Can Hurt your Credit Score

1. Late Payments.
2. Not paying at all.  
3. Filing bankruptcy.
4. High credit card balances.
5. Applying for several credit cards or loans.

Read more What Factors can pull My Credit Score Down?

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Express Scripts buying Medco for $29.1B

The top two U.S. companies managing prescription drug benefits are uniting in a $29.1 billion deal they say will help achieve key goals of the health care overhaul: reining in costs and improving patients' health.

Express Scripts Inc. announced an agreement Thursday to buy rival Medco Health Solutions Inc. Together, they would handle the prescriptions of about 135 million people, more than one in three Americans.

That will give them even more clout in demanding discounts from drugmakers, who are dealing with falling or stagnant revenue as an unprecedented number of blockbuster drugs taken daily by millions is getting cheaper generic competition.

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Tips on How to Rebuild Bad Credit History

Rebuilding bad credit history is never impossible. A lot of people proved that they can bounce back from financial troubles and regain their credit worthiness. Though it took them some time to do so, still they were able to rise up from debt problems. Eventually, they reap the benefits of having successfully restored their credit reputation.

So, are you battling with bad credit? If your answer is yes, then it will be good to follow the tips provided below. These will help you to succeed in rebuilding your credit history.

Tips for Rebuilding Credit History

1. Get your Latest Credit Report.
2. Apply for a bad credit credit card.
3. Use your credit account responsibly.
4. Seek professional help.

Read more Tips on How to Rebuild Bad Credit History

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• Credit Cards for Bad Credit
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Stock rally weakens as hopes dim for more stimulus

Comments from Fed Chairman Ben Bernanke set off a stock market rally early Wednesday, but it wasn't long before another Fed official helped cut it short.

In testimony before Congress, Bernanke said the central bank would be open to new economic stimulus measures, but only if the economy gets much worse. The remarks were far from a promise for more Fed action, but markets reacted immediately nonetheless. The Dow Jones industrial average jumped as many as 164 points, or 1.3 percent.

Most of those gains evaporated later in the day after Federal Reserve Bank of Dallas President Richard Fisher said in a speech that the Fed had already "pressed the limits of monetary policy."

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• Bad Credit Cards
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Restore Your Credit Reputation Right after Bankruptcy

Bankruptcy should not mark the end of your credit history. Rather it should encourage you to restore your credit reputation.

Many people succeeded in their quest to bounce back after bankruptcy. As soon as their bankruptcy case closes, they immediately start rebuilding their credit. And after employing steps towards restoring their credit worthiness, they are able to improve their credit and financial prospects. Yes, all their efforts paid off.
You too can succeed in restoring your credit reputation right after a bankruptcy. How can do so? By employing the effective tips enumerated below.

Tips to Restore Credit Reputation

1. Be optimistic.
2. Learn from your credit mistakes.
3. Clean up your credit records.
4. Get a new credit account.

Resources for YOU:

• Bad Credit Cards
• Personal Loans For Bad Credit