Thursday Schedule:
8:30am Preliminary Q2 Annualized GDP q/q (last -1.0%), Q2 GDP Price Index (last 0.2%), Q2 Personal Consumption (last -1.2%), Q2 Core PCE q/q (last 2.0%), Initial Jobless Claims (last 576K), Continuing Claims (last 6.241M)
10:30am Natural Gas Inventories
1:00pm Treasury’s 7-yr auction
Before the Open: APWR, AEO, CSUN, CONN, ENER, FRED, OSIS, SCVL, TOL, VIP
After the Close: ARUN, BEBE, DELL, DLLR, MRVL, MCRS, NZ, NOVL, OVTI, SLH, NCTY
Recent Posts:
- Economic Data and Earnings Schedule for July 27 2010
- Dallas Fed Manufacturing Index – Drops to Lowest Level Since July 2009
- Economic Data and Earnings Schedule for July 26, 2010
- Is The United States Worthy of a AAA Sovereign Rating?
- Crude Oil Market Summary 7/19/2010 to 07/23/2010
- Economic Data and Earnings Schedule for July 23, 2010
{ 3 comments }
chuck… we are here, for the most part, to learn how we can position ourselves to make money. however, in the big scheme of things, we are not taking our money nor anything else with us when we leave this world.. take all the time you need to take care of your parents. you can not put a price on relationships and health issues, certainly not when your mother and father are involved.. my prayers go out to your family and you. making money… making a living is secondary.. wishing you and your family the best and i hope everything comes out alright. your friend, arnie.
I am very tired of “analysts opinions”.
Nouriel, Krugman, and all of the rest.
I cannot / will not invest as heavily as I have, based on someones
“opinion”.
I need as solid, reliable information as is available.
Where I can weight the accuracies and probabilites.
Quote: “Significantly outperforms other financial and macroeconomic
indicators in predicting recessions two to six quarters ahead”
1 false signal since 1959.
Leads by 12 – 18 months.
Leading economic indicator, backtested to 1959.
Approx..09% chance of a double dip recession.
http://www.newyorkfed.org/research/capital_markets/Prob_Rec.pdf
The Yield Curve as a Predictor of
U.S. Recessions
June 1996 Volume 2, Number 7
JEL classification: C53, E37
Authors: Arturo Estrella and Frederic S. Mishkin
The yield curve—specifically, the spread between the interest rates on
the ten-year Treasury note and the three-month Treasury bill—is a
valuable forecasting tool. It is simple to use and significantly
outperforms other financial and macroeconomic indicators in predicting recessions two to six quarters ahead.
PDF full article 6 pages / 104 kb
Chuck, about your comment on insider trading,
Why will someone buy stock of his/her own company when they get the stocks in ESPP or other stock option schemes.
I would think that definitely insiders will be selling their stocks much more than they buy.