"FCX, MSFT, BIDU, ATVI, SNDK, FSLR, SBUX, UGL, CEF, SLW, UGX, NGD, GG, SLW"
Given the record thanksgiving retail sales in the US and not so depressed economic reports in the US, we can expect some kind of interim bottoming to occur in December. The worries from Europe is still lingering - its just that the can is kicked down the road further.
However, I decided to get the new set of tickers ready for getting into them when the opportune time shows up.. just to list a few .. FCX, MSFT, BIDU, ATVI, SNDK, FSLR, SBUX, UGL, CEF, SLW, UGX, NGD, GG, SLW .. Am not saying that I will get into all these, but just my initial list for further investigation ..
Last week's (week over week) market Sectors Returns and Internals:
- SP 500: -4.69%
- Volatility Index % change, VIX = 6.52%
- Short term bond rate (average of 3 year and 5 year) = 0.685%
- 10 year Treasury yield = 2.01%
- Small Cap (IWM): -7.45%
- Latin America (ILF): -7.81%
- Europe (IEV): -6.92%
- Emerging Markets (EEM): -6.33%
- Commodities (DBC): -2.38%
- Long term Bonds (TLT): 1.22%
- US Dollar Index, 8 DMA: 78.55
- Gold, (GLD) change: -2.52%
- Put/Call Ratio, total of equity/Index = 1.32
- Bull/Bear Ratio, Investors Intelligence survey =
- NYSE (New Highs - New lows), 8 DMA = -49.12
Next Week's economic calendar:
- New Home sales - 11/28
- Case Schiller 20 city index - 11/29
- ISM Index - 11/30
- Unemployment rate - 12/2
