Friday, September 08, 2006

What is ahead next week for stocks

The market is up at the close of Friday with lower volume, but it was down for the week. The downtrend was caused by the fear of inflation because of the cost of labor was the highest in 16 years after the goverment announced the revised GDP number last Wednesday. We have to wait and see how the market re-act next week. Hopefully we have a good support at this level.

Event calenders from Yahoo for next week:
Earnings Preview for the week of Sept 11th-15th:
Monday: CPB and SORC
Tuesday: BBY, GS, IDR, KR, PNY, ENER, and PLL
Wednesday: BRC, LEH, and OSIS
Thursday: BSC, PIR, ADBE, and TEK
Friday: No earnings are scheduled to report

Conference/Events Calendar for the week of September 11th-15th: Monday: RNOW Analyst Day Presentations; RTLX Analyst and Media Day; RYL, HOV, MHO, PHM TOA at Credit Suisse Homebuilding Symposium; TOT 2006 New York Luncheon Presentation; TXN 3Q06 Mid-Quarter Update; ALNY, AMLN, OSIP, BIIB at Bear Stearns 19th Annual Healthcare Conf; LGND Conf Call; Fed: Minehan speaks at annual NABE conf; Kohn speaks payments conf in Vegas; Poole speaks at NABE conf
Tuesday: LEG Investor Day; BRCD Analyst Meeting; CDWC August Sales Release; CFC Equity Investor Forum; CMI Analyst Meeting; CV Public Service Analyst Meeting; DELL Analyst Meeting; MDP Analyst Meeting; MWE Analyst Meeting; SIGI Insurance Investor Day; TOT 2006 Boston Luncheon Presentation; AMGN, ALKS, PFE, THOR, DNA at Bear Stearns 19th Annual Healthcare Conf; CBS, ATVI, NWS, DTV at Merrill Lynch Media & Entertainment Conf; DNA, AMGN, NBIX, GENZ, PFE at Bear Stearns 19th Annual Healthcare Conf; KBH, CTX, LEN, WCI, TOL at Credit Suisse Homebuilding Symposium; LEND, FIS, FNF, CBSS at Lehman Brothers 4th Annual Conf; Fed: Yellen speaks on the economy
Wednesday: FBC Investor & Analyst Day; AKAM Analyst Summit; DELL Analyst Meeting; ASD ,EMR, ROK, ETN at Morgan Stanley CEO's Unplugged Industrials Conf; Credit Suisse HOLT UFO: Under Followed Opportunities Conf; DIS, ERTS, NWS, MVL, SSP at Merrill Lynch Media & Entertainment Conf; LTM at Credit Suisse Philadelphia Best Idea Conf; SCSS Pre-Recorded Update; WB, CSE, FMD, TCB at Lehman Brothers 4th Annual Conf
Thursday: MWE Analyst Meeting; WM Analyst Day; Bear, Stearns & Co. Strategies for the Liquid Product Markets Conf; CXG at Credit Suisse Boston Small/Mid Cap Energy Conf; GD, IRBT, HON, GE, MWA at Morgan Stanley CEO's Unplugged Industrials Conf; MDT Conf Call; Merrill Lynch Media & Entertainment Conf; MRBK, AXP, PRS, UB, ZION at Lehman Brothers 4th Annual Conf
Friday: AGP to Host Investor Day; AMMD Analyst Meeting; GR, RTN, UTX at Morgan Stanley CEO's Unplugged Industrials Conf; ADVS 2006 Advent Analyst/Investor Day, in Conjunction with the Annual Advent User Conf; Fed: Hoenig speaks on Fed Reserve.
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