Sunday, August 2, 2009

Weekly Preview 3-7 August...

First, I'll be on vacation this week, so posting will be sporatic (or perhaps nonexistent).

The bulls were able to hold tough last week, exactly like we expected them to do. This week should be interesting. The earnings season has definitely peaked and is now on the decline, but there are still some big ones coming out. I don't expect a lot of action this week, to be honest. Summer is still winding down, but it's not quite done yet.

There are also some big macro releases this week. I will defer to Michael McDonough's blog for a better description and overview of those than I could give. It is located at http://fiateconomics.com/

Earnings will continue to pour in this week, too. I use www.earnings.com as my source for earnings reports. These are very important to follow because they have a way of scrambling up the charts. I don't like being in stocks before they report earnings unless I am somehow hedged, be it through reducing my position size or some options action or whatever. I've come to view earnings as a very binary event, a coin flip, if you will. Loading up heavily one way betting on the outcome of a report AND the market's reaction is a very risky endeavour.

The same listing convention still applied. If it reports after the close Tuesday or before the open Wednesday or is shown as Wednesday with no given time, it is listed here as Tuesday. I've also listed the previous Friday's here, too.

I have bold-faced reports that could potentially affect present picks.

Friday: CLX, DGW, HBC, HUM, JRCC, MRO, MDU, MGM, TAP, MWA, OREX, POR, TSL,

Monday: APC, ARNA, CTX, CHK, HOLX, MWA, PHM, SMSI, STEC, PFG, UPL, UDRL, VMC, AYE, ADM, BRY, FUN, CHD, CTSH, ED, CVS, DHI, DNR, DUK, EMR, ETR, EXPD, FTR, HW, HNT, HS, HSIC, HEW, ICON, ICE, NRGY, JSDA, MLM, NI, OZM, ONXX, PNW, PPL, PGN, RDC, SPG, BID, SWX, SE, THC, PTRY, JOE, TM, UBS, VNO,

Tuesday: APEI, BBND, BMC, BKI, SAM, CEPH, CSTR, CTRP, DVA, DENN, DIVX, DM, DTG, ERTS, SOLR, HCC, JACK, KFT, MASI, MOLX, PZZA, TSRA, TRLG, VCLK, WFMI, AUY, NDN, AGU, AFAM, AWC, AXL, ASCA, WTR, BHI, BZ, CFL, BIP, CCC, CNP, CEDC, CNQR, DWSN, DF, DVN, EBIX, EXM, FIG, FWLT, GRMN, IPSU, IFF, LINC, LL, MMC, NU, OC, PZE, HK, RL, PG, PWR, RDN, RRD, SUN, RIG, TKC, XTO,

Wednesday: ALJ, ACF, ANDE, ATW, BBBB, CECO, CSCO, EGLE, FRP, BGC, ROCK, GLBL, GDP, GXP, HCN, HIMX, IOC, IO, MSSR, MOVE, MUR, ONNN, PACR, PVR, PRU, TECUA, ALL, ACM, AER, ACS, ATK, AIPC, ANSS, EAT, BRS, CSIQ, CMCSA, CLR, CTB, DPTR, DSX, DLTR, EP, FTO, GNA, GFI, HUN, IAG, IMAX, KSWS, MIC, MBI, MPEL, PCS, MIL, NVDA, NVO, OMG, PDC, PSA, RAH, SNI, SIRI, BX, NDAQ, DTV, TRI, WNR, WIN, WWE,

Thursday: ACTI, ASEI, AINV, APL, BZH, NILE, BRKS, CPKI, CBS, CQB, CSC, CROX, HEV, EOG, FSYS, HANS, ZINC, IPI, IPAS, MXIM, MCHP, ONT, OPLK, PGH, POM, SD, TMRK, THS, TPC, VRSN, WTW, ABR, BAM, EIX, MIR, NAT, PMI,

Friday: KDE, BBEP, DYN, HOC, PCLN, ROSE, URRE,

Position: none

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