This Month in Stocks: 9/29 - 11/02/07

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AP
Jobless Claims Jump by 16,000
Thursday October 4, 8:41 am ET
By Martin Crutsinger, AP Economics Writer Number of Workers Filing Claims for Unemployment Benefits Jumps by Biggest Amount in 4 Months
WASHINGTON (AP) -- The number of newly laid off workers filing claims for unemployment benefits shot up last week by the biggest amount in four months. The Labor Department reported a total of 317,000 applications for unemployment benefits last week, an increase of 16,000 from the previous week. It was the biggest gain since jobless claims rose by 18,000 during the week of May 9.
 
Is CNN premarket stuck? Looks like the ftse likes the jobs numbers. I'm selling the rally.............I hope.
 
The last hour today is going to be sweet tasting for the bulls. We love to get the black berries before the bears do - throw in apples too. Snort.
 
Birchtree said:
The last hour today is going to be sweet tasting for the bulls. We love to get the black berries before the bears do - throw in apples too. Snort.
Click to expand...


I agree. I was starting to think I missed the train. Thank goodness I got on it a couple day's ago. snort.. :cheesy:
 
http://www.briefing.com/GeneralCont...vestor&ArticleId=NS20071005140304LookingAhead

The Week Ahead

Last Update: 05-Oct-07 14:02 ET

Looking at the week ahead should whet investors' appetites as a fresh batch of economic data and quarterly earnings reports are expected.

On Tuesday market pundits will be combing the minutes from the latest FOMC meeting, seeking clues related to the committee's thoughts on economic growth and inflation concerns. The economic reports of consequence during the week will be the PPI and Retail Sales reports for September, both of which will be released before the start of Friday's trading.

Those reports, and others, can be previewed on our Economic Calendar.

Several large cap companies will report their latest results as the third quarter reporting period gets under way officially with Alcoa's (AA) report after the close on Tuesday. Briefing.com's earnings calendar shows YUM! Brands (YUM), Monsanto (MON), Costco (COST), Progressive (PGR), Fastenal (FAST), PepsiCo (PEP), SLM Corp (SLM), Winnebago (WGO), and General Electric (GE) are all due to report their results.
________________________________________________________________
Monday, October 8:
  • Earnings: YUM! Brands (YUM)
  • Economic Data: None
  • Events: Integrys Financial Analyst Meeting; Rockwood Holdings Analyst Meeting; Hormel Analyst Meeting
  • Conferences: Biotech Symposium 2007; Natixis Hidden Gems Conference
  • Fed Speakers: None
Tuesday, October 9:
  • Earnings: Alcoa (AA)
  • Economic Data: FOMC minutes from September 18 meeting
  • Events: Safeguard Analyst Day 2007; Johnson Controls Review and Outlook; Hormel Analyst Meeting; Home Properties Investor Day; 3M Investor Day
  • Conferences: Chadbourne & Parke LLP Coal-to-Liquids Conference; Human Resource Executive Magazine Tech Conference; Natixis Hidden Gems Conference; Pritchard Capital Partners One-on-One Conference
  • Fed Speakers: St. Louis Fed President Poole speaks about global economy in St. Louis; San Francisco Fed President Yellen gives national outlook in Los Angeles; Cleveland Fed President Pianalto speaks on regional economic state in Ohio
Wednesday, October 10:
  • Earnings: Costco (COST), Host Hotels (HST), Infosys (INFY), Monsanto (MON), Progressive (PGR)
  • Economic Data: August Wholesale Inventories; Weekly Crude Inventories (week ending Oct. 5)
  • Events: Hormel Analyst Meeting; Petsmart Analyst Meeting; Microsemi Investor Day; 3M Investor Day
  • Conferences: Biotechnology Industry Organization Investor Forum; Pritchard Capital Partners One-on-One Conference
  • Fed Speakers: Boston Fed President Rosengren speaks about real estate in Maine
Thursday, October 11:
  • Earnings: Fastenal(FAST), PepsiCo (PEP), SLM Corp (SLM), Winnebago (WGO)
  • Economic Data: September Export Prices (Non-Agricultural); September Import Prices (Excluding Oil); Initial Jobless Claims (week ending Oct. 6); August Trade Balance; September Treasury Budget
  • Events: Hormel Analyst Meeting; IHS Investor Day; MSC Software Analyst Meeting
  • Conferences: Biotechnology Industry Organization Investor Forum; i2 Technologies Aerospace & Defense Industry Day; AGA Mini-Forum for New York Financial Analysts; DisplaySearch HDTV Conference 2007; EdgeWater Research Partners Investor Conference; Oppenheimer Hidden Gems Investor Conference
  • Fed Speakers: Fed Governor Kroszner speaks to National Bankers Association in North Carolina
Friday, October 12:
  • Earnings: General Electric(GE)
  • Economic Data: September Retail Sales; September PPI and Core PPI; August Business Inventories; University of Michigan Consumer Sentiment Survey
  • Events: Hormel Analyst Meeting
  • Conferences: None
  • Fed Speakers: Fed Chairman Bernanke provides opening remarks via videoconference to Dallas conference honoring John Taylor; Dallas Fed President Fisher gives opening remarks at John Taylor conference; and San Francisco Fed President Yellen and Dallas Fed President Fisher appear at conference's roundtable
--Jeffrey Ham, Briefing.com

http://www.briefing.com/GeneralCont...vestor&ArticleId=NS20071005140304LookingAhead
 
FTSE not liking something and the dollar index is rising. Going to work early to make that extra 8 hours of A/L.
 
The intermediate term problem currently is the non-confirmation of the Dow Jones Transportation Average, which hit its July record and its August low on the same days as the Dow Jones Industrial Average, and hasn't followed the industrials back to an all time peak this month, yet. The MSCI Emerging Markets index is up 28% from its August low, more than doubling the gain of the domestic market. Hedge funds look to be moving into large cap stocks to ride this rally, although small caps were hot last week.
 
Sallie Mae Sues!

AP
Student Lender Sallie Mae Sues Ex-Suitor
Monday October 8, 10:09 pm ET
By Joseph Altman, AP Business Writer Sallie Mae Sues Ex-Suitor, Attempting to Either Force $25B Deal or Collect $900M Breakup Fee
NEW YORK (AP) -- Sallie Mae said Monday that it is suing the investor group that had offered to acquire the nation's largest student lender, in order to force the buyers to go through with their original $25 billion deal or else pay a $900 million breakup fee.

http://biz.yahoo.com/ap/071008/sallie_mae_buyout.html?.v=6

Go get'em Sallie! :nuts:
 
Cramer is on Today show and he sez we need another rate cut, gas to go down, job to be created. Hold your house if you can.

Walmart is cutting prices for the Holiday as are other retailers. Retailers are getting worried and more consumers plan to cut back and bargain shop.
 
I should have known that but I was at work yesterday and very frustrated.

Never believe the experts at the paint store that tell you the epoxy paint will be dry and ready for use in 8 hours. :mad: Download the spec sheet and you will find that it is Fully Cured for service in 7 days.:embarrest: lol And they call it FAST CURE EPOXY. LOL :nuts::laugh:
 
Look at the volume on Goldman Sachs after the minutes were released at 2pm today... that's institutional buying -- they're chasing... this bull ain't comin' back to bargain sale prices for a while. It's not just because GS broke out above their cup. They're chasing a lot of the primo tickers.

Man, quality posts have really diminished the past several days on this board, especially considering it appears we are on a breakout levels.
 
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