Show-me Account Talk

[Show-me]

The Week Ahead

Last Update: 16-Jan-09 10:18 ET

U.S. markets are closed Monday in recognition of Martin Luther King Jr. Day. Despite the shortened week, plenty of major companies are scheduled to announce their quarterly results as fourth quarter earnings season picks up some steam.

Earnings reports are likely to be the main trading catalyst next week, with roughly 50 S&P 500 components confirmed to report, including five Dow components and a large number of financial firms. Some of the bigger names include General Electric (GE), Google (GOOG), IBM (IBM), Johnson & Johnson (JNJ), Microsoft (MSFT), United Technologies (UTX), and US Bancorp (USB). For more information visit Briefing.com's Earnings Calendar.

There are only two reports on the Economic Calendar due to the shortened week, both set for release on Thursday; December building permits and housing starts and the Weekly Initial Jobless Claims
There are no Fed speakers scheduled due to the quiet period ahead of the Jan. 28 FOMC policy announcement.

In addition, the Federal government will be closed Tuesday for the inauguration of President-elect Barack Obama.
________________________________________________________________
Monday, January 19:
U.S. markets closed in recognition of Martin Luther King Jr. Day

Tuesday, January 20:

• Earnings: Johnson & Johnson (JNJ), Regions Financial (RF), State Street (STT), Suncor Energy (SU), TD Ameritrade (AMTD), Cree (CREE), CSX (CSX), IBM (IBM)
• Economic Data: None
• Events:Federal government closes for President-elect Barack Obama's inauguration
• Conferences: None
• Fed Speakers: None

Wednesday, January 21:

• Earnings: Abbott Labs (ABT), AMR (AMR), BlackRock (BLK), Burlington Northern Santa Fe (BNI), Coach (COH), Northern Trust (NTRS), UAL (UAUA), United Technologies (UTX), US Bancorp (USB), eBay (EBAY), Seagate Tech (STX)
• Economic Data: None
• Events: Senate Finance Committee to hold hearing on Treasury secretary nomination at 10:00 AM ET... General Motors (GM) Q4 and 2008 sales and production conference call
• Conferences: Credit Suisse Group January Hedge Fund Manager Roundtable
• Fed Speakers: None

Thursday, January 22:

• Earnings: Bank of New York (BK), BB&T (BBT), Cit Group (CIT), Exelon (EXC), Fifth Third Bank (FITB), M&T Bank (MTB), Nokia (NOK), Potash (POT), Sherwin-Williams (SHW), Southwest Air (LUV), SunTrust Banks (STI), Union Pacific (UNP), UnitedHealth (UNH), Advanced Micro Devices (AMD), Capital One (COF), Google (GOOG), Microsoft (MSFT)
• Economic Data: Housing Starts and Building Permits (Dec.)... House Price Index (Nov.)... Weekly Initial Jobless Claims (week ended Jan. 17)
• Events: Weekly Crude Inventories (week ended Jan. 17)
• Conferences: None
• Fed Speakers: None

Friday, January 23:

• Earnings: General Electric (GE), Harley-Davidson (HOG), Schlumberger (SLB), Xerox (XRX)
• Economic Data: None
• Events: None
• Conferences: None
• Fed Speakers: None

 

[Show-me]

That is a excellent video, thank you! You're alway welcome here. Democracy is the people voting themselves money and the Republic going broke, just ask Ben Franklin. He's rolling in his grave.

Show-me,
I've been quiet so far, lots going on, but mostly due feeling lost in this whole market, with all the continuing PPT and Institutional manipulations.
Anyway, I hope you don't mind my posting the link below in your thread...

http://www.wimp.com/thegovernment/
- a real eye-opener for me, and I thought of you primarly when I watched it. :blink:
I'd like to hear yours and other folks thoughts on it - as I feel its very important in its current implications- and VERY timely!!

 

[Corepuncher]

Prediction...NASDAQ tanks it on Thursday (and market in general I suppose).

 

[Show-me]

Oscar says more down side coming!

 

[Show-me]

DXO @ $2.50 with some cash on the side to buy it if it dips lower.

 

[Show-me]

DXO @ $2.50 with some cash on the side to buy it if it dips lower.

Note to the ETF and ETN traders, DXO SUCKS!!! Tracking error is a understatement. Riddle me this, DXO is 2X long crude oil as is UCO and UCO was up 15% and DXO was up 2.4%???????

It gets better, DTO is the Deutsche Bank PowerShares inverse of DXO and it is down -9.75% and DXO is only up 2.4%. Bullshit! Something stinks in Germany and I am half German.

Posting ETF stuff here.

http://www.etftalk.com/forum/showthread.php?p=308&posted=1#post308

 

[Corepuncher]

Note to the ETF and ETN traders, DXO SUCKS!!! Tracking error is a understatement. Riddle me this, DXO is 2X long crude oil as is UCO and UCO was up 15% and DXO was up 2.4%???????

It gets better, DTO is the Deutsche Bank PowerShares inverse of DXO and it is down -9.75% and DXO is only up 2.4%. Bullshit! Something stinks in Germany and I am half German.

Posting ETF stuff here.

http://www.etftalk.com/forum/showthread.php?p=308&posted=1#post308

My friend who works for Merrill Lynch, err..I mean Bank of America...errr, I mean bank of U.S. Taxpayers....said to stay away from those leveraged deals now.

 

[Show-me]

My friend who works for Merrill Lynch, err..I mean Bank of America...errr, I mean bank of U.S. Taxpayers....said to stay away from those leveraged deals now.

Thanks for the heads up. I am hearing similar banter from others and message boards. They are leveraged and use derivatives to accomplish their goals, both bad. I am waiting to get out at a profit and I am done with ETN's as they are all leveraged and have no physical holdings, all paper.

ETN's = bad omen.

 

[350zCommTech]

SRS closed at 57 today. Looking juicy again.

 

[Bullitt]

I wouldn't be surprised to wake up some morning and see a few ETN's get completely wiped out. I wonder why the volume has been so high in DXO the past month. What Hedge Fund is swimming in DXO these day?

 

[Show-me]

Sold my DXO because of nothing more than the risk of the ETN vs. a ETF. It had me worried and I sold it cheap early @ $2.52 for a small gain. Will use UCO for oil from now on.

Big data next week, hang on!

Bought FAZ afterhours @ $60.55 wish me luck on bank failure Friday.

The Week Ahead

Last Update: 23-Jan-09 10:26 ET

The coming week is set to be a busy one. There are a barrage of earnings reports, major economic data and an FOMC policy announcement.

A large number of companies are confirmed to report fourth quarter earnings, many with market-moving potential. A total of 12 Dow components are confirmed to report their earnings -- 3M (MMM), American Express (AXP), AT&T (T), Boeing (BA), Caterpillar (CAT), Chevron (CVX), DuPont (DD), Exxon Mobil (XOM), Pfizer (PFE), Proctor & Gamble (PG), McDonald's (MCD) and Verizon (VZ). Take a look at Briefing.com's Earnings Calendar for more information.

There are several releases scheduled on the Economic Calendar, including advance Q4 GDP on Friday, which is expected to show the sharpest U.S. economic contraction since 1982.

The FOMC makes its policy announcement Wednesday. Given that the fed funds rate essentially can't be cut any further (the current target rate is set between 0% and 0.25%), traders will focus on the statement for clues on alternative policy measures the Fed may implement.

Monday, January 26:

• Earnings: Caterpillar (CAT), Eaton (ETN), Halliburton (HAL), Kimberly-Clark (KMB), McDonald's (MCD), Tyson Foods (TSN), Amgen (AMGN), American Express (AXP), Texas Instruments (TXN), VMware (VMW)
• Economic Data: Existing Home Sales (Dec.)... Leading Indicators (Dec.)
• Events:None
• Conferences: None
• Fed Speakers: None

Tuesday, January 27:

• Earnings: AK Steel (AKS), Bristol-Myers (BMY), DuPont (DD), EMC (EMC), Energizer (ENR), Nucor (NUE), Siemens (SI), U.S. Steel (X), Verizon (VZ), Gilead Sciences (GILD), Norfolk Southern (NSC), Sun Microsystems (JAVA), Yahoo! (YHOO)
• Economic Data: Consumer Confidence (Jan.)... S&P/CaseShiller 20-city Composite (Nov.)
• Events:None
• Conferences: Citigroup 2009 Financial Services Conference (Day 1 of 2)
• Fed Speakers: None

Wednesday, January 28:

• Earnings: AT&T (T), Baker Hughes (BHI), Boeing (BA), ConocoPhillips (COP), Legg Mason (LM), Pfizer (PFE), WellPoint (WLP), Wells Fargo (WFC), Allstate (ALL), Qualcomm (QCOM), Starbucks (SBUX), Western Digital (WDC)
• Economic Data: None
• Events: FOMC Policy Announcement... Weekly Crude Inventories (week ended Jan. 23)... Costco (COST) shareholders meeting
• Conferences: Citi 2009 Financial Services Conference (Day 2 of 2)... World Economic Forum Annual Meeting (Day 1 of 5)... Financial Times Distressed Debt Conference
• Fed Speakers: None

Thursday, January 29:

• Earnings: 3M (MMM), Altria (MO), AutoNation (AN), Black & Decker (BDK), Colgate-Palmolive (CL), Eastman Kodak (EK), Eli Lilly (LLY), Fortune Brands (FO), Sony (SNE), Wyeth (WYE), Amazon.com (AMZN), Juniper Networks (JNPR)
• Economic Data: Durable Goods Orders (Dec.)... New Home Sales (Dec)... Weekly Initial Jobless Claims (week ended Jan. 17)
• Events: None
• Conferences: World Economic Forum Annual Meeting (Day 2 of 5)
• Fed Speakers: None

Friday, January 30:

• Earnings: Chevron (CVX), Exxon Mobil (XOM), Honeywell (HON), Proctor & Gamble (PG)
• Economic Data: Advance Q4 GDP... Chicago PMI (Jan)... Employment Cost Index (Q4)... Final University of Michigan Consumer Confidence (Jan.)
• Events: None
• Conferences: World Economic Forum Annual Meeting (Day 3 of 5)
• Fed Speakers: None

 

[Show-me]

 

[nnuut]

MOT? What is the truth, the TRUTH is that the price of your DVD is WAY OUT OF LINE!!!! Are you kidding me, $33.00, probably +S&H? I don't believe listening to someone restating the obvious is worth that much money! Sorry, I know the TRUTH HURTS!:worried:

 

[Show-me]

I'm to cheap to buy anything that is free on YouTube, lol. Love his commentary tho.

 

[turbo23dog]

I don't what to make of that MOT video. The speaker seems deeply depressed. Look at his affect, eye movements, off-hand comments related to things going on in his life or outside the window, and yes, the world as we know it is about to fall into armageddon. His comments lead me to believe he has no hope for the future whatsoever... other than for the $33 bucks for his DVD.

I'm not a MH professional but he sure looks like he has a great weight on his shoulders... Does he feel that because he's sure the world's coming to an end or is he sure the world's coming to an end because he's not thinking right?

 

[Show-me]

turbo,

He does have a great weight on his shoulder, he is a believer, a student of history, a student of business and the economy. He believe that the country is in a horrible decline because of it past and current monetary policy, corporate greed, and lack of leadership across the board. His faith fuels many worries that we are falling from Gods grace and that there will be a great battle between good and evil.

A few have been thinking the world is coming to a end for our entire existence and even fewer speak of it aloud. Some entertain the notion and some quietly prepare themselves just in case without speaking publicly of it.

Nothing new, just one mans opinion and he has access to YouTube.

 

[budnipper1]

MOT? What is the truth, the TRUTH is that the price of your DVD is WAY OUT OF LINE!!!! Are you kidding me, $33.00, probably +S&H? I don't believe listening to someone restating the obvious is worth that much money! Sorry, I know the TRUTH HURTS!:worried:

The TRUTH? YOU WANT THE TRUTH?
YOU CAN'T HANDLE THE TRUTH!!! :nuts:
View attachment 5521

And, apparently the Man-of-truth
can't decide on a hair-style either.
View attachment 5522

​

 

[Show-me]

David Gregory ain't no Tim Russert that is for sure. Gregory is a idiot, "why not just make the banks lend out the money". Cuz people are loosing their freak'n job and will default on the loan. Businesses are going under because of lack of spending. Lending money out to folks that can't pay it back is why we got here in the first place.

Gregory, pull your head out!:toung:

 

[KevinD]

"why not just make the banks lend out the money".

Because you would also have to force people to take the loans. :blink:

 

[Show-me]

And, there is the unscrupulous element that would take out the loan with no intentions of repaying it. FREE MONEY!