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.
Hi Andrew,
ReplyDeleteyou were planning to publish your stock review details and picks. Any luck with that.
Is it better to get in after couple of weeks in stocks in general due to the election results ?
ReplyDeletesell tie..Titanium Metals: Titanium seeing near-term demand drop on Airbus delays - DJ (29.10 -0.58)
ReplyDelete