Tuesday, November 07, 2006

Did we miss a run up?

Many of my target stocks have moved up a lot since Friday.
While I regret not being in these stocks right now, I feel that there will be opportunities ahead to buy them cheaper than today.

Here are some quick economic data being released this week that could reverse this silly pre-election euphoria:
Today: ConsumerCredit. This will tell us if consumers (the engine of our economy) are spending. As retailers are already noting, the answer will be - not as much.
Thursday: Jobless claims and consumer sentiment. Expect more jobless claims from housing industries. Expect consumer sentiment to be down in a worried state of mind.
Next Tuesday: PPI, Inventories, and Retail Sales. PPI will be the big influencer of the day.
Next Thursday: CPI

Lots of opportunities for down days.

3 Comments:

Anonymous Anonymous said...

Hi Andrew,

you were planning to publish your stock review details and picks. Any luck with that.

9:38 PM  
Anonymous Anonymous said...

Is it better to get in after couple of weeks in stocks in general due to the election results ?

5:56 AM  
Anonymous Anonymous said...

sell tie..Titanium Metals: Titanium seeing near-term demand drop on Airbus delays - DJ (29.10 -0.58)

7:49 AM  

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