Sunday, November 8, 2009

Equity Update: 11.08.09

The SGP/MRK conversion went through, I am know an owner of MRK. I'll get some analysis up as soon as I get some down time.

** on a side note there is a high possibility that SPX 1100 will be retested. Which would mean my previous call on SPX topping out before 1100 might not be true.

** Upcoming reports:

  • Atlanta, San Fran, and Chicago Fed Presidents will be speaking.

  • Red Book - consumer confirmation??

  • The gap day from labor day will be interesting to see how this pause will affect markets as the jobless claims come out.

  • fed balance sheet

  • US trade Gap

  • consumer sentiment

It can be a bouncy week sentiment wise. Check your sentiment indicators, good luck to all you risk loving people playing the markets right now.


No comments:

Post a Comment

This Blog has been developed by Analyze Capital LLC, and as an independent organization we provide “AS IS” information without warranty. The ideas and opinions expressed by the contributers of this blog are personal and do not represent the actions or policies of Analyze Capital LLC. The contents of this blog do not intend to assert recommendations or to offer advice of any kind. We are not responsible the consequences, be they gains or losses, that may result from using any of the information from this blog.