This Week in Stocks: 8/11 - 8/17/07

**Show-me** · 08-11-2007, 01:15 AM

http://www.briefing.com/GeneralConte...12LookingAhead

The Week Ahead

Last Update: 10-Aug-07 09:49 ET

It's anyone's guess as to how the market will behave in the coming week. The only thing that seems like a foregone conclusion, based on recent action, is that we'll see continued volatility.

Given that the Fed is still siding with inflation risk as its predominant concern, look for the PPI and CPI reports on Tuesday and Wednesday, respectively, to create some trading excitement.

Several retailers, including Wal-Mart (WMT), will also be reporting earnings. They carry market-moving potential based on what they will be saying regarding the outlook for consumer spending.

It is the unknown, however, that has been the biggest market driver of late. That could prove true again with headlines surrounding the credit market - either good or bad - dictating the action.
__________________________________________________ ______________
Monday, August 13:

Earnings: Sysco (SYY); Bob Evans (BOBE); DeVry (DV)
Economic Data: Retail Sales; Business Inventories
Events: None
Conference Schedule: Keefe, Bruyette & Woods Large-Cap Bank Conference
Fed Speakers: None

Tuesday, August 14:

Earnings: Home Depot (HD); TJX Cos. (TJX), Wal-Mart (WMT); Agilent (A); La-Z-Boy (LZB)
Economic Data: PPI; Trade Balance
Events: CIBC World Markets Semiconductor Bus Tour
Conference Schedule: Credit Suisse Communications Conference; Jefferies & Co. Industrial Conference; Keefe, Bruyette & Woods Large-Cap Bank Conference
Fed Speakers: None

Wednesday, Aug. 15:

Earnings: Deere & Co. (DE); Sara Lee (SLE); Longs Drug (LDG); Network Appliance (NTAP); PetsMart (PETM)
Economic Data: CPI; NY Empire State Index; Industrial Production; Net Foreign Purchases
Events: Dept. of Energy Inventory Report
Conference Schedule: None
Fed Speakers: None

Thursday, Aug. 16:

Earnings: Estee Lauder (EL); J.C. Penney (JCP); Autodesk (ADSK); Hewlett-Packard (HPQ); Kohl's (KSS); Nordstrom (JWN)
Economic Data: Housing Starts and Building Permits; Initial Claims; Philadelphia Fed
Events: None
Conference Schedule: None
Fed Speakers: None

Friday, Aug. 17:

Earnings: J.M. Smucker (SJM)
Economic Data: Univ. of Michigan Consumer Sentiment
Events: None
Conference Schedule: None
Fed Speakers: St. Louis Fed President Poole on U.S. Export Opportunities

**Show-me** · 08-11-2007, 01:47 PM

I like this interview. Amen to the debt problem!

http://www.pbs.org/nbr/wrapper/marketmonitor.html

**Spaf** · 08-12-2007, 04:10 PM

The Weekly Lilly Pond Report
Sunday August 12, 2007
by Spaf for the Tadpole Savings Pond

The Frog Report, Le Charts, Doodles, The Lilly Pad, Tea Leaves, and The Tin Box.

The Frog Report:
Croak............................................. The moving averages are bearish having crossed below the 13 day MA. The Bollinger bands are showing a great width, which translates into high volatility. The Stochastics oscillator is registering bearish with %K below %D, and entering oversold conditions (below 20).

Le Weekly Chart
[$SPX]
Large Caps

Charts courtesy of www.StockCharts.com

Doodles:
$SPX....1453.64 +20.58 for the week....00000...........00000
Stops............................................. Alert (-1%)....Trail (-2%)

Crude closed at.................................71.47 -4.01 for the week ending.
Oil Markers.......................................<70= ok, 70-80= worry, >80= panic (maybe).
NYMEX Link.......................................NYMEX
$WTIC Link.......................................$WTIC

The Lilly Pad
Location.......................................... 100% G-fund.

Tea Leaves:
Leaves............................................ Capital Preservation.

Tin Box.
TSP (week ending).............................G=12.06..F=11. 37..C=16.26..S=19.57..I=23.28
......(end of 2006)..............................G=11.71..F=11.1 4..C=15.69..S=18.76..I=22.22

**robo** · 08-12-2007, 05:49 PM

Bob is Bullish! Full article in the Bear Cave. Bull is allowed!

**Spaf** · 08-12-2007, 06:18 PM

Bob!.....

**robo** · 08-12-2007, 10:15 PM

Originally Posted by Spaf

Bob!.....

Yeah, Bob! Swing by the Bear Cave for his last name.

**Spaf** · 08-12-2007, 10:27 PM

Yea, I read his article dated 07-29 and then compared them to the stats since then!
Thats the beauty of keeping a trading journel.........

**robo** · 08-12-2007, 11:27 PM

Originally Posted by Spaf

Yea, I read his article dated 07-29 and then compared them to the stats since then!
Thats the beauty of keeping a trading journel.........

Spaf,

You should know by now Bob is a longer-term investor. However, we shall talk again in December and see how he has done. Please mark the date of the C Fund share prices in your journal.

The real beauty is it will be a beautiful thing and in my opinion, have some nice gains. Bob's a buyer at these prices folks. The buy signal is not for traders. It's for longer-term investors with cash to invest. If you’re in that camp stocks are on sale. Could prices go lower? Yes, and we could easily test the lows again.

Take Care!

($20,000 value on 1-1-88)

Dollar Value on 7/31/2007 $274,858

Percent Increase 1,274%

http://www.bobbrinker.com/portfolio.asp

**Birchtree** · 08-13-2007, 12:54 AM

If I could convince Spaf to lend me some of his G money, I'd be a buyer all day long at these levels. I had some fair comeback Friday from the lows.

**Spaf** · 08-13-2007, 04:30 AM

Hi Burch!
I don't have any trouble getting rid of it! Got me a E-Z-GO golf cart today. I'll get back in when the risk v reward gets to where I want it.

Besides you own half of the S&P 500!.........

**Spaf** · 08-13-2007, 06:52 AM

Fishing for Bottoms

Bottom fishing -- trying to catch a stock as it bottoms out -- is a great way to get soaked and lose a bucket full of money. In a bearish market stocks get much cheeper as most of us expect or want. However, they won't stop falling until they run out of gas.

Stocks rarely turn on a dime and head higher. Only after the momentum crowd loses interest does the stock's downward price slide end. When valued investors, who can't resist a bargain, and begin nibbling the stock does it stabalize, yet it may spend a very long time bouncing around in a trading range.

Instead of risking your capital on unreliable bottoming patterns (or talk), wait until you are sure.*

*Trading, by Michael Griffs and Lita Epstein, 2004, Wiley Publishing Inc.

**Show-me** · 08-13-2007, 01:03 PM

Looks like the massive infusion of cash the Central Banks have dumped into the system has slowed the bleeding. Lets hope the USM can follow up from Friday. I feel that was a positive day due to the fact we did not bleed after the hard day in the EZ.

Looks like we are the point on this correction as the OSM seem to be holding back.

GL everyone.