How To Think Beyond The Headlines
Think Beyond The Headlines
After Friday’s jobs number came out, the
futures spiked and you knew we’d have a strong open. That’s the obvious part.
When this happens, think about which stocks may be in play with a blowout number
like that. Three came to mind: Monster.com, Manpower and Kelly Services. Of the
three, Manpower
(
MAN |
Quote |
Chart |
News |
PowerRating) made a nice pullback and then rallied from it on
better volume for a decent trade. The point here is to think beyond the
headlines and look for opportunities…they’re out there.
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Don’t miss the great
interview with Don Miller.
Larry Connors’
Always Buy Value Inner Circle
If you’re a regular reader of this column, you
know that I mention new products here on a fairly regular basis. These are all
good products, but I don’t always show the same enthusiasm for each one. I’m
here to tell you that I really believe in this one.
Larry Connors is offering an Inner Circle program
which will feature him trading his own $100,000 account live, in
front of the world to see, for six months. Well, OK, not exactly the world, but
for Inner Circle members. Larry will be using his newest (and judging by
the way his eyes light up when he talks about it) his favorite trading
algorithm, called AlwaysBuyValue (ABV).
The folks behind this are pretty impressive and the ABV program is a reflection
of their brilliance and hard work. Next year, there are plans to offer this
to institutional clients only, but it’s not too late for you to participate.
So let’s go over this: you get the algorithm, you get 6-months of mentoring by
Larry, you get to watch him trade a real account for the entire time and you get
to mingle with other traders in the program (I’ve seen the initial sign up list
and I can tell you there are some good traders involved). This,
my friends, should be good. Oh, did I mention the money-back guarantee? It’s got
that, too. Don’t miss out on this unique opportunity.
Click here for details of Larry’s AlwaysBuyValue Inner Circle.
Big Cap Earnings Announcements for the
Week of November 8th
Company |
Symbol |
Date |
| Pacific Sunwear | PSUN | Monday, Nov 8 |
| Western Wireless | WWCA | Monday, Nov 8 |
| 4Kids Entertainment |
KDE | Tuesday, Nov 9 |
| Abercrombie & Fitch |
ANF | Tuesday, Nov 9 |
| Cisco Systems | CSCO | Tuesday, Nov 9 |
| Computer Sciences |
XL | Tuesday, Nov 9 |
| EchoStar Communications |
DISH | Tuesday, Nov 9 |
| Fossil | FOSL | Tuesday, Nov 9 |
| Lions Gate Entertainment |
LGF | Tuesday, Nov 9 |
| The May Department Stores |
MAY | Tuesday, Nov 9 |
| Cyberonics | CYBX | Wednesday, Nov 10 |
| Fair Isaac | FIC | Wednesday, Nov 10 |
| Federated Department Stores |
FD | Wednesday, Nov 10 |
| Starbucks | SBUX | Wednesday, Nov 10 |
| Whole Foods Market |
WFMI | Wednesday, Nov 10 |
| Agilent Technologies |
A | Thursday, Nov 11 |
| American Eagles Outfitters |
AEOS | Thursday, Nov 11 |
| Dell | DELL | Thursday, Nov 11 |
| Kohls | KSS | Thursday, Nov 11 |
| Pep Boys | PBY | Thursday, Nov 11 |
| Pixar | PIXR | Thursday, Nov 11 |
| Siemens AG | SI | Thursday, Nov 11 |
| Tiffany & Co. | TIF | Thursday, Nov 11 |
| Urban Outfitters | URBN | Thursday, Nov 11 |
Scheduled Stock
Splits for the Week of November 8th
Company |
Symbol |
Ratio |
Payable |
Ex-Date |
| Briggs & Stratton | BGG | 2-1 | Nov 9th | Nov 10th |
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Need more splits
information? Click
here.
Upcoming Economic
Events for the Week of November 8th
| Date | ET | Release | For | Consensus | Prior |
| Nov 9 | 10:00 am | Wholesale Inventories | Sep | 0.7% | 0.9% |
| Nov 10 | 8:30 am | Trade Balance | Sep | -$53.4B | -$54B |
| Nov 10 | 8:30 am | Export Prices (Ex. Ag.) | Oct | NA | NA |
| Nov 10 | 8:30 am | Import Prices | Oct | NA | NA |
| Nov 10 | 2:00 pm | Treasury Budget | Oct | -$58B | -$60B |
| Nov 10 | 2:15 pm | FOMC Meeting | Oct | Â | Â |
| Nov 10 | 8:30 am | Initial Jobless Claims | 11/06/04 | 340K | N |
| Nov 11 | 8:30 am | Business Inventories | Sep | 0.6% | 0.5% |
| Nov 12 | 8:30 am | Retail Sales | Oct | -0.2% | 0.1% |
| Nov 12 | 8:30 am | Retail Sales (Ex. Autos) | Oct | 0.6% | 0.6% |
| Nov 12 | 8:30 am | Michigan Consumer Sentiment (Prelim) | Nov | 91.0 | NA |
TradersWire Tour
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20-minute audio/visual presentation on how you can use
TradersWire to help your trading. Join me…Click
here.
Have a great weekend!
Brice
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