This Week in Stocks: 9/8 - 9/14/07

[Show-me]

The Week Ahead

Last Update: 07-Sep-07 13:29 ET

The coming week holds a dearth of big name companies reporting their quarterly earnings, which will turn the focus of investors to the week's economic data and several speeches made by members of the Federal Reserve.

The most important releases include the Initial Claims report along with the survey of Import and Export prices as well as the Capital Utilization report. The underlying themes should provide prognosticators with a snapshot of economic health, given the Fed's concern over stretched capacity utilization and the persistence of inflationary pressures.

Several regional Fed governors will be sharing their outlook on the U.S. economy throughout the week. Investors will be listening closely for hints related to possible cuts from the funds rate.
________________________________________________________________
Monday, September 10:

• Earnings: Take-Two Interactive (TTWO); Stewart Enterprise (STEI); Shuffle Master (SHFL)
• Economic Data: Consumer Credit
• Events: None
• Conferences: None
• Fed Speakers: Fed member Lockhart discusses economic outlook in Atlanta; Fed member Yellen speaks at a conference in San Francisco; Fed member Fisher speaks at a forum in Texas; Assistant Treasury Secretary Swagel testifies at House subcommittee hearing; Fed's Mishkin discusses economic outlook in New York

Tuesday, September 11:

• Earnings: None
• Economic Data: Trade Balance
• Events: None
• Conferences: None
• Fed Speakers: Fed Chairman Bernanke discusses global imbalances in Berlin; Fed member Rosenblum speaks in San Francisco; Treasury Deputy Secretary Kimmitt discusses investment protectionism in New York

Wednesday, September 12:

• Earnings: Brady (BRC); Jos A Bank (JOSB); Sharper Image (SHRP); Aspen Tech (AZPN)
• Economic Data: Crude Inventories
• Events: None
• Conferences: None
• Fed Speakers: None

Thursday, September 13:

• Earnings: Piedmont Natural Gas (PNY); Pall (PLL)
• Economic Data: Initial Claims; Treasury Budget
• Events: None
• Conferences: None
• Fed Speakers: None

Friday, September 14:

• Earnings: None
• Economic Data: Current Account; Export Prices; Import Prices; Retail Sales; Industrial Production; Capital Utilization; Inventories; Preliminary Michigan Consumer Sentiment
• Events: None
• Conferences: None
• Fed Speakers: None

--Jeffrey Ham, Briefing.com

http://www.briefing.com/GeneralCont...vestor&ArticleId=NS20070907133104LookingAhead

 

[Show-me]

As you can read a ton of Fed Speakers Monday and Tuesday. Please say something like "Rate cut is on the way".

Also, a lot of new folks on the MB. Lets help each other out.

Good luck and good investing.

 

[Show-me]

AP
Likelihood of Fed Rate Cut Less Clear
Saturday September 8, 12:16 am ET
By Rachel Beck, AP Business Writer ALL BUSINESS: Mixed Economic Data Makes Likelihood of Fed Rate Cut Less Clear

NEW YORK (AP) -- The arrival of September was supposed to bring more clarity to the economic impact of the current credit crisis. Instead, each new bit of data coming out seems to be creating more confusion.

The first labor market contraction in four years, as revealed Friday in a weaker-than-expected jobs report, shows that the housing and mortgage collapse is putting some strain on the economy. And the continued dislocation in commercial paper markets, where companies raise cash to fund their operations, should be taken as a warning sign -- in flashing red -- that more bad news may be coming.

Yet plenty of good economic news still stands out. Strong August sales results from retailers and manufacturers suggest the painful credit crunch's effect on the broader U.S. economy has been limited so far.

Anyone hoping that Federal Reserve policymakers will reduce the overnight bank borrowing rate when they meet on Sept. 18, should not ignore the positive signs the economy is giving.

more here.......

http://biz.yahoo.com/ap/070908/all_business.html?.v=2

 

[nnuut]

As you can read a ton of Fed Speakers Monday and Tuesday. Please say something like "Rate cut is on the way".

Also, a lot of new folks on the MB. Lets help each other out.

Good luck and good investing.

Newbies, I like Newbies, bring them on, the more the merrier!! Call me, ''1 Call That's All!"View attachment 2086

 

[Show-me]

Thinking of you Birch!


25 Dividend Stocks with Yields Over 4%

Last Update: 06-Sep-07 16:39 ET

[BRIEFING.COM - Robert V. Green] In the past six months, the market has been unusually volatile. While a strong argument can be made that long term investors should simply ride out much of the volatility, that type of patient risk tolerance can sometimes be hard. However, sitting on the sidelines is usually costly, as it is not always clear when a strong rebound has begun. What is the volatility-averse investor to do? How about buying some dividend stocks in the meantime? Here is a list of 25 high-yield dividend stocks for you to consider, from a stock screen that produced 125 stocks paying a dividend yield over 4%.
Dividend Stocks

Years ago, the traditional "role" of a large corporation was to provide dividends to their shareholders. As owners of the company, it was commonly assumed that a successful, mature corporation would pay a significant portion of its cash flaw to shareholders as a meaningful dividend. Furthermore, it was assumed that the corporation would attempt to increase the dividend over time by revenue growth, expense management, and careful investments.

more here.....http://www.briefing.com/GeneralCont...tor&ArticleId=NS20070906164042AheadOfTheCurve

 

[BeaverState]

Thinking of you Birch!


25 Dividend Stocks with Yields Over 4%

Right on. This is actually my favorite strategy for my other accounts. Dividends don't lie. You do have to be careful when running dividend screens. Sometimes companies that don't pay high dividends are included. Be sure it's not a one time deal. Or that the company is in major trouble, such as GM was when it was paying 7 percent. The CEO said the dividend was safe. Two months later they cut the dividend in half. Of course a year late the stock was up over 50 percent, so it's all relative. I like dividends.

 

[Show-me]

Right on. This is actually my favorite strategy for my other accounts. Dividends don't lie. You do have to be careful when running dividend screens. Sometimes companies that don't pay high dividends are included. Be sure it's not a one time deal. Or that the company is in major trouble, such as GM was when it was paying 7 percent. The CEO said the dividend was safe. Two months later they cut the dividend in half. Of course a year late the stock was up over 50 percent, so it's all relative. I like dividends.

Glad to hear ya like it! It is all about sharing info.

 

[Spaf]

The Lilly Pond Report
Sunday September 09, 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.............................................It appears that the S&P 500 [$SPX] is trading downward out of overbought conditions. The stochastics oscillators is registering bearish at 64.94 with %K below %D. The bollinger bands are back to a normal range, a bit wide and volatile, and somewhat in a sideways range of 1410 - 1500. The moving averages are still in a bearish trend and closed Friday below their 13 day moving average. The S&P is below it's 50 day moving average, trading at below average volume. This is a possible indicator of a lot of folks on the sidelines.

Le Chart
[$SPX]
Large Caps

Charts courtesy of www.StockCharts.com​

Doodles:
$SPX....1453.55 -20.44 for the week....00000...........00000
Stops.............................................Alert (-1%)....Trail (-2%)

Crude closed at.................................76.70 +2.66 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!.. If and when the $SPX breaks out of 1500, it may get attention, in a view from position trades... For short term (swing) trades EbbChart has been successful... Long term the market should recover from the credit debacle, it will just take time!

Tin Box.
TSP (week ending).............................G=12.11..F=11.61..C=16.29..S=19.68..I=23.61
......(end of 2006)..............................G=11.71..F=11.14..C=15.69..S=18.76..I=22.22

 

[Aspiration]

Fed's Plosser indicates the fed might not need to cut rates.
"Providing liquidity does not necessarily require a more fundamental change in the direction of monetary policy as implemented by a change in the fed funds rate target."

http://www.bloomberg.com/apps/news?pid=20601087&sid=avjW1Y9umg0w&refer=home

Not exactly the sort of heartwarming talk I was hoping the Fed would provide... :notrust:

 

[350zCommTech]

Fed's Plosser indicates the fed might not need to cut rates.
"Providing liquidity does not necessarily require a more fundamental change in the direction of monetary policy as implemented by a change in the fed funds rate target."

http://www.bloomberg.com/apps/news?pid=20601087&sid=avjW1Y9umg0w&refer=home

Not exactly the sort of heartwarming talk I was hoping the Fed would provide... :notrust:

He's not a voting member yet, but I'm starting to get the feeling the Feds won't cut until the 18th.

 

[SkyPilot]

I'm still not so sure the Fed will cut at this upcoming meeting.

 

[Show-me]

It is easy to make both pro and con arguments, but I feel that they will. The Fed is the only entity that can give the little people any relief for their subprime loans.

If they do not lower the rate they, the Fed, will look like a bunch of monkeys. Wait, that's us. I mean they will look like they are out of touch with the economy, the market, the people, and the government.

I want a lower rate. Even before this all unfolded the market and us were complaining that "the Fed is going to far".

They are the only solution for the current crisis. Legislators won't do crap except write new legislation "preventing" this from happening again.

JMO

 

[Show-me]

Bullish Market Monitor!

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

 

[Show-me]

How about a rate cut on Patriot Day. Come on Ben, throw us a bone here!

 

[fedgolfer]

lots of fed speakers today, hopefully janet yellen will say something. If the s&P closes below its trendline, likely we're in a double bottom formation rather than a rounding or inverted H&S. If the markets don't move up, getting defensive against the double bottom has to be considered.

 

[charmed855]

lots of fed speakers today, hopefully janet yellen will say something. If the s&P closes below its trendline, likely we're in a double bottom formation rather than a rounding or inverted H&S. If the markets don't move up, getting defensive against the double bottom has to be considered.

Well, Yellen was scheduled to speak at 11:00 and the market dipped again - must not have been the right words.
Fisher on tap at 1pm EST.

 

[fedgolfer]

just heard yellen on bloomberg radio. she said the fed has to be forward looking considering some credit risks and risk premiums -- this is an inuendo for a rate cut, is it not? I guess it doesn't matter what they say, its how the markets react.

 

[fedgolfer]

if fed members are seeing value to be fwd looking rather than immersed in historical backwards data -- this really changes their mindset. RATE CUT -- wake up markets!!!!!

 

[Birchtree]

Certainly what these clown arounds have to say doesn't mean a thing. Why they even bother is beyond me. I don't trust the Fed, never have and never will. They have ruined too many lives over the decades to warrant my respect.

 

[Show-me]

Looking good folks. Hellofa bounce if the Uncle Ben don't screw it up.

Good morning and good luck.