This Week in Stocks: 8/11 - 8/17/07

[Show-me]

http://www.briefing.com/GeneralCont...vestor&ArticleId=NS20070810095012LookingAhead

The Week Ahead

Last Update: 10-Aug-07 09:49 ET

It's anyone's guess as to how the market will behave in the coming week. The only thing that seems like a foregone conclusion, based on recent action, is that we'll see continued volatility.

Given that the Fed is still siding with inflation risk as its predominant concern, look for the PPI and CPI reports on Tuesday and Wednesday, respectively, to create some trading excitement.

Several retailers, including Wal-Mart (WMT), will also be reporting earnings. They carry market-moving potential based on what they will be saying regarding the outlook for consumer spending.

It is the unknown, however, that has been the biggest market driver of late. That could prove true again with headlines surrounding the credit market - either good or bad - dictating the action.
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Monday, August 13:

• Earnings: Sysco (SYY); Bob Evans (BOBE); DeVry (DV)
• Economic Data: Retail Sales; Business Inventories
• Events: None
• Conference Schedule: Keefe, Bruyette & Woods Large-Cap Bank Conference
• Fed Speakers: None

Tuesday, August 14:

• Earnings: Home Depot (HD); TJX Cos. (TJX), Wal-Mart (WMT); Agilent (A); La-Z-Boy (LZB)
• Economic Data: PPI; Trade Balance
• Events: CIBC World Markets Semiconductor Bus Tour
• Conference Schedule: Credit Suisse Communications Conference; Jefferies & Co. Industrial Conference; Keefe, Bruyette & Woods Large-Cap Bank Conference
• Fed Speakers: None

Wednesday, Aug. 15:

• Earnings: Deere & Co. (DE); Sara Lee (SLE); Longs Drug (LDG); Network Appliance (NTAP); PetsMart (PETM)
• Economic Data: CPI; NY Empire State Index; Industrial Production; Net Foreign Purchases
• Events: Dept. of Energy Inventory Report
• Conference Schedule: None
• Fed Speakers: None

Thursday, Aug. 16:

• Earnings: Estee Lauder (EL); J.C. Penney (JCP); Autodesk (ADSK); Hewlett-Packard (HPQ); Kohl's (KSS); Nordstrom (JWN)
• Economic Data: Housing Starts and Building Permits; Initial Claims; Philadelphia Fed
• Events: None
• Conference Schedule: None
• Fed Speakers: None

Friday, Aug. 17:

• Earnings: J.M. Smucker (SJM)
• Economic Data: Univ. of Michigan Consumer Sentiment
• Events: None
• Conference Schedule: None
• Fed Speakers: St. Louis Fed President Poole on U.S. Export Opportunities

 

[Show-me]

I like this interview. Amen to the debt problem!

http://www.pbs.org/nbr/wrapper/marketmonitor.html

 

[Spaf]

The Weekly Lilly Pond Report
Sunday August 12, 2007
by Spaf for the Tadpole Savings Pond​

The Frog Report, Le Charts, Doodles, The Lilly Pad, Tea Leaves, and The Tin Box.

The Frog Report:
Croak.............................................The moving averages are bearish having crossed below the 13 day MA. The Bollinger bands are showing a great width, which translates into high volatility. The Stochastics oscillator is registering bearish with %K below %D, and entering oversold conditions (below 20).

Le Weekly Chart
[$SPX]
Large Caps

Charts courtesy of www.StockCharts.com​

Doodles:
$SPX....1453.64 +20.58 for the week....00000...........00000
Stops.............................................Alert (-1%)....Trail (-2%)

Crude closed at.................................71.47 -4.01 for the week ending.
Oil Markers.......................................<70= ok, 70-80= worry, >80= panic (maybe).
NYMEX Link.......................................NYMEX
$WTIC Link.......................................$WTIC

The Lilly Pad
Location..........................................100% G-fund.

Tea Leaves:
Leaves............................................Capital Preservation.

Tin Box.
TSP (week ending).............................G=12.06..F=11.37..C=16.26..S=19.57..I=23.28
......(end of 2006)..............................G=11.71..F=11.14..C=15.69..S=18.76..I=22.22

 

[robo]

Bob is Bullish! Full article in the Bear Cave. Bull is allowed!

 

[Spaf]

Bob!.....:blink:

 

[robo]

Bob!.....:blink:

Yeah, Bob! Swing by the Bear Cave for his last name.

 

[Spaf]

Yea, I read his article dated 07-29 and then compared them to the stats since then!
Thats the beauty of keeping a trading journel.........

 

[robo]

Yea, I read his article dated 07-29 and then compared them to the stats since then!
Thats the beauty of keeping a trading journel.........

Spaf,

You should know by now Bob is a longer-term investor. However, we shall talk again in December and see how he has done. Please mark the date of the C Fund share prices in your journal.

The real beauty is it will be a beautiful thing and in my opinion, have some nice gains. Bob's a buyer at these prices folks. The buy signal is not for traders. It's for longer-term investors with cash to invest. If you’re in that camp stocks are on sale. Could prices go lower? Yes, and we could easily test the lows again.

Take Care!

($20,000 value on 1-1-88)


Dollar Value on 7/31/2007 $274,858


Percent Increase 1,274%


http://www.bobbrinker.com/portfolio.asp

 

[Birchtree]

If I could convince Spaf to lend me some of his G money, I'd be a buyer all day long at these levels. I had some fair comeback Friday from the lows.

 

[Spaf]

Hi Burch!
I don't have any trouble getting rid of it! Got me a E-Z-GO golf cart today. I'll get back in when the risk v reward gets to where I want it.

Besides you own half of the S&P 500!.........

 

[Spaf]

Fishing for Bottoms​

Bottom fishing -- trying to catch a stock as it bottoms out -- is a great way to get soaked and lose a bucket full of money. In a bearish market stocks get much cheeper as most of us expect or want. However, they won't stop falling until they run out of gas.

Stocks rarely turn on a dime and head higher. Only after the momentum crowd loses interest does the stock's downward price slide end. When valued investors, who can't resist a bargain, and begin nibbling the stock does it stabalize, yet it may spend a very long time bouncing around in a trading range.

Instead of risking your capital on unreliable bottoming patterns (or talk), wait until you are sure.*

*Trading, by Michael Griffs and Lita Epstein, 2004, Wiley Publishing Inc.

 

[Show-me]

Looks like the massive infusion of cash the Central Banks have dumped into the system has slowed the bleeding. Lets hope the USM can follow up from Friday. I feel that was a positive day due to the fact we did not bleed after the hard day in the EZ.

Looks like we are the point on this correction as the OSM seem to be holding back.

GL everyone.

 

[Spaf]

Shoo! Bear Shoo!​

Charts courtesy of www.StockCharts.com​

 

[Scout333]

Just a few tips in case of bear attacks,

If the bear approaches in a non-defensive manner:

Talk to the bear in a firm voice.
Try to move away from the bear's travel path, that may be all it wants you to do.
If the bear follows you with it's attention directed at you. Stop! Stand your ground and prepare to use your deterrent.
Act aggressively toward the bear. Let the bear know you will fight if attacked. Shout! Make yourself look as big as possible. Stamp your feet as you take a step or two toward the bear. Threaten the bear with whatever is at hand. A bear that is initially curious or testing you may become predatory if you do not stand up to it. The more the bear persists, the more aggressive your response should be.
If the bear attacks, use your deterrent and fight for your life. Kick, punch or hit the bear with whatever weapon is available. Concentrate your attack on the face, eyes and nose. Fight any bear that attacks you in your building or tent.
http://www.canadianrockies.net/Grizzly/staying_safe.html
Orrr maybe if we all stand together and holler SHOO!! Real Loud!!

 

[nnuut]

DUH!!!!!!!!

If the bear cannot be deterred and is intent on attack, fall to the ground as close to contact as possible and play dead.
When the attack stops, remain still and wait for the bear to leave. If an attack is prolonged or the bear starts eating you, it is no longer being defensive. View attachment 1886
http://www.canadianrockies.net/Grizzly/staying_safe.html

 

[Show-me]

Weak showing today, but still at the 200 dma. Must be waiting to see the PPI and CPI numbers.

 

[Spaf]

August Almanac
RE: Stock Traders Almanac 2007​

Harvesting made August the best stock market month from 1901-1951. However, now that there are less than 2% farms, August has become the worst S&P month in the past 19 years.

For what it's worth!................:cheesy:

 

[ebbnflow]

Bookies see European stock indexes down over 1 pct

LONDON, Aug 14 (Reuters) - Financial bookmakers expect European benchmark indexes to open as much as 1.2 percent lower on Tuesday, following a mild sell-off on Wall Street, while a rising yen put Asian stocks under pressure.

London spreadbetters expect the FTSE 100 index (.FTSE: Quote, Profile, Research) to open as much as 1.1 percent lower, while Frankfurt's DAX (.GDAXI: Quote, Profile, Research) is expected to open as much as 1 percent down and Paris' CAC 40 (.FCHI: Quote, Profile, Research) as much as 1.2 percent lower.
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Looks like it's going to be rough for the I-fund today. There's still a chance to pull this one out with the PPI/core PPI numbers coming out at 8:30 AM ET. Good luck I-funders.

 

[clester]

I've been hearing alot about hedge fund redemptions that will start Wednesday. They can't sell until then, I think. That can go on for 45 days. Will it happen? Will they sell?

 

[Show-me]

PPI 0.6% Consensus 0.1%

Core 0.1% Consensus 0.1%