Contrarian Stock Market Investing News - Featuring Bargain Stocks » BAX http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Mon, 10 May 2010 15:10:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Inflation May Show It’s Ugly Head, Big Week for Bank Earnings http://www.contrarianprofits.com/articles/inflation-may-show-it%e2%80%99s-ugly-head-big-week-for-bank-earnings/19024 http://www.contrarianprofits.com/articles/inflation-may-show-it%e2%80%99s-ugly-head-big-week-for-bank-earnings/19024#comments Mon, 13 Jul 2009 15:00:33 +0000 Christian Hill http://www.contrarianprofits.com/?p=19024 Monday

Earnings Announcements: Novellus (NVLS)

Tuesday
Economic Reports: Core PPI, PPI, Retail Sales

Will this be the month that we finally see inflation take hold? If expectations come true, it very well could be. PPI is anticipated to show an increase of nearly 1%. Core PPI (which excludes food and energy costs) is expected to show an increase of 0.10%. Retail Sales are expected to post a surprising increase. Most reports I have seen show that retailers are still struggling. I don’t expect this report to beat expectations.

Earnings Announcements: Goldman Sachs (GS), Johnson and Johnson (JNJ), Yum Brands (YUM)

Wednesday
Economic Reports: Core CPI, CPI

The CPI is expected to show an increase of 0.60%, and Core CPI an increase of 0.10%. If both CPI and PPI meet expectations, we…

]]> Monday

Earnings Announcements: Novellus (NVLS)

Tuesday
Economic Reports: Core PPI, PPI, Retail Sales

Will this be the month that we finally see inflation take hold? If expectations come true, it very well could be. PPI is anticipated to show an increase of nearly 1%. Core PPI (which excludes food and energy costs) is expected to show an increase of 0.10%. Retail Sales are expected to post a surprising increase. Most reports I have seen show that retailers are still struggling. I don’t expect this report to beat expectations.

Earnings Announcements: Goldman Sachs (GS), Johnson and Johnson (JNJ), Yum Brands (YUM)

Wednesday
Economic Reports: Core CPI, CPI

The CPI is expected to show an increase of 0.60%, and Core CPI an increase of 0.10%. If both CPI and PPI meet expectations, we could be in for the start of a long bout of inflation.

Earnings Announcement: Abbott Labs (ABT)

Thursday
Economic Report: Philadelphia Fed

If we meet expectations this month with the Philadelphia Fed report, it will mark 19 out of the last 20 months showing a negative reading. Last month we almost saw a positive reading, but this month we slipped back a little bit. The good news is the decline is slowing and has bounced back considerably in the past few months.

Earnings Announcement: Baxter Int’l (BAX), Harley-Davidson (HOG), JPMorgan Chase (JPM), Google (GOOG), IBM (IBM)

Friday
Economic Calendar: Building Permits, Housing Starts

Housing this week is a mixed bag. Permits are expected to increase and starts are expected to decrease. I would expect both reports to miss estimates. While we are in the midst of the traditional building season in the northern states, I just can’t see the housing industry adding more inventory.

Earnings Announcements: Bank of America (BAC), Citigroup (C), General Electric (GE)

Source:  Inflation May Show It’s Ugly Head, Big Week for Bank Earnings

]]> http://www.contrarianprofits.com/articles/inflation-may-show-it%e2%80%99s-ugly-head-big-week-for-bank-earnings/19024/feed 0 Nothing Left for The Big Bad Wolf http://www.contrarianprofits.com/articles/nothing-left-for-the-big-bad-wolf/11858 http://www.contrarianprofits.com/articles/nothing-left-for-the-big-bad-wolf/11858#comments Tue, 20 Jan 2009 15:48:49 +0000 Christian Hill http://www.contrarianprofits.com/?p=11858 The only reports on the calendar this week are housing related, and it got me thinking: what’s left? Pretty much nothing. As the fairy tale goes, the big bad wolf doesn’t even need to huff and puff; the house has already been blown down.

Foreclosures jumped 81 percent nationwide last year. That’s 3.2 million homes.

In December alone, foreclosures jumped 41 percent versus the December 2007 reading.

The readings for the reports this week anticipate further drops in both December Building Permits and Housing Starts. The only question is by how much. Last month, expectations for both reports were off by at least 10 percent. This month is expected to be nearly identical to last month for Building Permits, and a drop of…

]]> The only reports on the calendar this week are housing related, and it got me thinking: what’s left? Pretty much nothing. As the fairy tale goes, the big bad wolf doesn’t even need to huff and puff; the house has already been blown down.

Foreclosures jumped 81 percent nationwide last year. That’s 3.2 million homes.

In December alone, foreclosures jumped 41 percent versus the December 2007 reading.

The readings for the reports this week anticipate further drops in both December Building Permits and Housing Starts. The only question is by how much. Last month, expectations for both reports were off by at least 10 percent. This month is expected to be nearly identical to last month for Building Permits, and a drop of about 15k units in the Housing Starts report.

Try as I might, I can’t see either of these reports coming close to expectations. I don’t think a slowdown of 75k units on each is unrealistic. The housing market is just in terrible shape. Excess inventory is growing, not shrinking. A reading of 550k or even less on both reports is reasonable. I guess we will find out Thursday.

Economic Calendar

Earnings:
Tues: BAC, CSX, IBM, JNJ,
Wed: ABT, AAPL, EBAY, USB, UTX
Thur: BAX, GOOG, MSFT
Fri: GE, HOG,

Source: Nothing Left for The Big Bad Wolf

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