It is hard to find a “true” growth story these days, especially in the United States. In China, however, things are not quite as bleak. The action from SmartHeat (NASDAQ:HEAT) is a perfect example.
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)
This promises to be a very busy week with a full calendar of economic reports and earnings announcements, so let’s dive right in and highlight some of the more important ones.
Investing your money and keeping it safe and sound is crucial, especially during a recession. Money Morning’s Mike Cagesso shows you a few DRIP companies to keep your eye on.
Jason Simpkins of Money Morning gives us a look of what stocks Warren Buffett is buying into this year. He says that “Buffett didn’t fare much better than anybody else in 2008. But the Oracle of Omaha remains optimistic, convinced that investors who brave today’s fierce financial tempest will be rewarded in the long run.”
Andrew Snyder says there are many companies at risk of bankruptcy in the early stages of Obama’s presidency. Investors in these companies could be left with nothing. Andrew picks three stocks that have a good chance of hitting zero this year.
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.
US stocks indexes are breaking records for daily plunges with worrying regularity. And the wider economy is in a deep hole. But Andrew Snyder says the situation in Europe is even worse. The eurozone economy is heading towards a recession. And politics and bureaucracy are getting in the way of a coordinated response from member states. Andrew says it’s time to reduce your portfolio’s exposure to anything European…
Technical and quant analyst Jim Stanton says he has developed a trading system – the 1-2-3 Trader – that has so far brought in cumulative profits of 591%. Here he explains how he applies this system to the energy sector…
There are two main forces that move the stock market, says Jim Stanton in The Smarts Profit Report: fear and greed. Jim says charts are invaluable to stock investors because they make it easy to spot patterns caused by these two emotions. Recognizing and understanding these patterns can open up great opportunities for profit – even in a bear market.