Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

  

 

 

It's been a thoroughly exciting week in the markets, and it's not over yet.

 


1) Nasdaq set for another record?

It looks like the Nasdaq could hit new all-time highs Friday. The tech-heavy index finished Thursday with a 1% gain.

The Nasdaq will have to surpass the level 5,164.36 to reach a new record.

U.S. stock futures are mixed ahead of the open, with the Nasdaq indicating it will keep rising while the Dow Jones industrial average and S&P 500 could post small declines.

 


2) Earnings

General Electric (GE) and Honeywell (HON) are reporting ahead of the open.

Telecoms firm Ericsson (ERIC) reported second quarter results earlier in the morning and shares are rising by about 6% in Europe.

Shares in Google (GOOGL, Tech30) are set to surge by about 11% this morning after the tech giant reported better-than-expected results on Thursday evening.

 


3) Germany votes on Greek bailout

Germany's parliament -- the Bundestag -- is voting Friday on whether to support formal negotiations on a new Greek bailout, which was agreed in principle by eurozone leaders earlier this week.

"[German Chancellor Angela] Merkel has enough votes to ensure passage, but there may be interest in the level of dissent expressed vocally or in votes," said Paul Donovan, a senior economist at UBS.

Many Germans hate the idea of lending Greece more money after years of overspending and political mismanagement.

 


4) International markets overview

European markets are slipping a bit lower in early trading, while most Asian markets ended with strong gains.

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

 

What is it? Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity. Survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions.

When? At 10:00am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

What is it? Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The FOMC usually pays the most attention to the Core data - so do traders. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

 

What is it? Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. The average price of various goods and services are sampled and then compared to the previous sampling.

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

  

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

 

What is it? While this is monthly data, it's reported in an annualized format (monthly figure x12). It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

Subcategories

Please publish modules in offcanvas position.