Stock Ideas 
Stock Ideas Investors Daily Edge PPI and Retail Sales Dominate The Calendar
Stock Ideas Investors Daily Edge PPI and Retail Sales Dominate The Calendar 
Market Watch
|
Hawaiian Airlines (HE:NYSE) is a perfect example of a “free money” opportunity. See, when money managers reported their first-quarter buys to the SEC in government-required 13F form filings, Hawaiian Airlines stock was on the list of new buys. |
|
| More... |
Most Popular
Login Form
| PPI and Retail Sales Dominate The Calendar |
| Monday, 08 December 2008 | ||||||||
|
The economic calendar starts very slow this week, with only the Pending Home Sales report coming on Tuesday. Once Wednesday morning rolls around, it’s a mad dash to the finish with 11 reports coming in the last three days of the week. The reports that matter most come on Friday morning before the market opens. Friday is when the PPI and Core PPI figures for November are announced, and it is a mixed bag. The Core PPI figures (which exclude food and energy costs) are expected to show a modest increase of 0.20 percent. The PPI figure is expected to show a decline of nearly two percent. This is the direct result of the continued slide in energy prices. The price for energy goods dropped 12.8 percent in October, and I would expect a similar drop this month. Simultaneous to the PPI announcement on Friday morning are the Retail Sales figures for November. Not surprisingly, the report is expected to show another decline, although not as bad as the October report. With limited access to credit, consumers aren’t buying much right now even though we are approaching the holiday season. The report could get a slight upward bump due to slightly better than expected Black Friday sales. The real interesting report will be next months’ when all holiday sales are figured in. The final bit of information this week is the December Michigan Sentiment Report. Somehow, someway, in the face of a recession, the report is expected to post an increase this month. It must be the holiday cheer. 
This investment news is brought to you by Investor's Daily Edge. Investor's Daily Edge is a free daily investment newsletter that is delivered by email before the market opens. It's published by Fourth Avenue Financial, a subsidiary of Early To Rise (an affiliate company of Agora Publishing). In each weekday issue you'll receive practical strategies for protecting your portfolio and multiplying your money. You'll also learn about undiscovered opportunities in emerging sectors and markets, deeply discounted stocks, recommendations for bonds, cash, commodity and real estate investing, and top ETFs. To view archives or subscribe, visit Investor's Daily Edge .
|
||||||||
| < Prev | Next > |
|---|
