This Month in Stocks: 11/3 - 11/30/07

[Show-me]

Show-me - great observation. I just looked at MSCI Barra's website to see what they had for the EAFE in the local currency.

YTD = 1.01%

So, even less than you were looking at. That's pretty bad. So pretty much all the gains from the I fund is due to the lousy dollar.

IMO, that makes the economy look even worse because we know the weak dollar is motivating foreign investors to buy American companies on the cheap. We have heard that many times that the foreign investors are helping hold up the USM with their buying. If that dollar weakness was not there, where would we be then? And, it the Dollar starts to rally, the I fund will take it on the chin.

Again, just an observation. Good luck everyone!

 

[vic]

any time your currency drops the way the WSD has been dropping you lose purchasing power regardless of what the market does. If the S fund is up7% YTD and the dollar dropped 10%, you get my drift. We need a strong dollar.Can not be a super power and be weak economically. We need to bite the bullit and prop up our currency again. Although a weak dollar is good for our export, what do we export any more?

 

[fabijo]

Although a weak dollar is good for our export, what do we export any more?

That's what I was wondering. According to the Department of Commerce's report it looks like a lot of our exports are in chemicals, machinery and other industrial supplies. Oh, and food. I'm guessing McDonald's and Pepsi.

http://www.census.gov/foreign-trade/Press-Release/current_press_release/press.html

 

[Show-me]

Subprime still got'em shaken, that must mean a rally is just around the bend. I only wish I could add some more to the pot. Don't think I am bullish, I'm just a opportunist.


The fly in the ointment could be WMT and HD. If we don't get good earnings and guidance from those two ................................ be prepared for pain.

Check out NIKK Average chart. UGLY!!! Do they know something?

http://stockcharts.com/h-sc/ui?s=$NIKK&p=D&yr=0&mn=6&dy=0&id=p51972347693

 

[Show-me]

Rally time!!!

Walmart beat the Street and Home Depot missed, but only by a penny. Get ready folk the spin masters will make this look like the golden egg. Retail spending better than expected and we already know about the subprime housing scam so HD was expected.

 

[Show-me]

AP
Wal-Mart Stores 3Q Profit Up 8 Percent
Tuesday November 13, 7:02 am ET Wal-Mart Reports Better-Than-Expected 3rd-Quarter Earnings, Sales on Better U.S. Performance
BENTONVILLE, Ark. (AP) -- Wal-Mart Stores Inc., the world's largest retailer, said Tuesday its fiscal 2008 third-quarter profit grew 8 percent to top Wall Street expectations on strong international growth and improved performance in its U.S. operations.

http://biz.yahoo.com/ap/071113/earns_wal_mart.html


AP
Slow Housing Market Drags Home Depot 3Q
Tuesday November 13, 7:50 am ET
By Daniel Yee, Associated Press Writer Home Depot Hit by Housing Market; 3Q Profit Falls Nearly 27 Percent With Fewer Renovations
ATLANTA (AP) -- The Home Depot Inc. reported a 26.8 percent drop in third-quarter profits Tuesday as the deteriorating housing market put a crimp on home renovations. The nation's largest home improvement store chain predicted a decline of as much as 11 percent in earnings per share from continuing operations compared with last year because of the persistent "softness in the housing market."

http://biz.yahoo.com/ap/071113/earns_home_depot.html

 

[Show-me]

Wednesday, November 14:

Earnings: Applied Materials (AMAT), Petsmart (PETM)

Economic Data: October Retail Sales, October Producer Price Index (PPI), September Business inventories, Weekly Crude Inventories

Events: Lexmark Analyst Day, Qualcomm Analyst Meeting

Conferences: Credit Suisse Healthcare Conference, Merrill Lynch Banking and Financial Services Conference, Morgan Stanley Global Consumer and Retail Conference

Fed Speakers: Dallas Fed President Fisher speaks on U.S. outlook in Sydney, Australia; Fed Chairman Bernanke speaks at Cato Institute Monetary Conference

Thursday, November 15:

Earnings: JC Penney (JCP), Tyco (TYC), Kohl's (KSS), Starbucks (SBUX)

Economic Data: October Consumer Price Index, Weekly Jobless Claims, November New York Empire State Index, November Philadelphia Fed Index

Events: Hasbro Analyst Meeting, Charles Schwab Business Update

Conferences: Bank of America Energy Conference, Credit Suisse Healthcare Conference, Merrill Lynch Banking and Financial Services Conference, Morgan Stanley Global Consumer and Retail Conference

Fed Speakers: Chicago Fed President Evans provides welcome at Chicago's bank conference, Kansas City Fed President Hoenig speaks on economic outlook in New Mexico

Friday, November 16:

Earnings: Ann Taylor (ANN)

Economic Data: September Net Foreign Purchases, October Industrial Production, October Capacity Utilization report

Events: None

Conferences: Bank of America Energy Conference

Fed Speakers: Atlanta Fed President Lockhart speaks on Southeast economic outlook in Montreal

 

[Show-me]

We need some good data to give us a rally for the week.

Pending Home Sales today. :worried:

Wednesday Retail Sales numbers and PPI. :worried:

Not much from earnings until Thursday, two big retailers and CPI. :worried:

:nuts:

 

[Show-me]

Now this is a rally!!! :nuts: I take a nap and we are up 18 point and now we are up 34 point. Birch, you accumulating shares again? lol

My fear is this is another violent swing and beings I went all I fund I will get a huge +FV and a whipsaw tomorrow. The price of playing with the big boyz and a noon deadline.

Good luck everyone.

 

[Show-me]

Pending Home Sales.

Nov 13 15:00 Pending Home Sales Sep 0.2% when the consensus was -2.5%. That is not to shabby.

 

[Show-me]

Asia closed well into the green. Lets go FTSE!!!! Like I said we need a strong 1.1% plus showing from our friend across the pond.

 

[Show-me]

Inflation tame. Rock on BABY!!!

 

[Show-me]

Retail 0.2% right on the money. PPI 0.1% lower than expected. Core PPI 0.0% lower than expected.

 

[Birchtree]

I like the ebullience.

 

[Silverbird]

The question of the week is: what are those Traders eating for lunch? It sure slows down the early morning coffee and donuts rush, whatever it is.

 

[hessian]

The question of the week is: what are those Traders eating for lunch? It sure slows down the early morning coffee and donuts rush, whatever it is.

I think all the Buyers must be eating the same thing....
-all running for the head at same time - at 3:40 p.m.:blink:

 

[Show-me]

Unbelievable, what a lame day.

 

[Show-me]

Vets Day last year TSP was open.

Any of you guys got a good enough memory to remember Vets Day weekend last year?

November 11 was a Saturday in 2006 and the Friday before and the Monday after both had share prices logged so TSP was open for business.

Why was TSP open last year and not this year?

 

[nnuut]

The question of the week is: what are those Traders eating for lunch? It sure slows down the early morning coffee and donuts rush, whatever it is.

Burnake Bird!!:suspicious:
View attachment 2535

 

[tsptalk]

Re: Vets Day last year TSP was open.

Any of you guys got a good enough memory to remember Vets Day weekend last year?

November 11 was a Saturday in 2006 and the Friday before and the Monday after both had share prices logged so TSP was open for business.

Why was TSP open last year and not this year?

Good question!