stock market next week january 21-25 2013

stock market next week january 21-25 2013 : With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal.

The U.S. equity benchmark closed the week at a fresh five-year high on strong housing and labor market data and a string of earnings that beat lowered expectations. Sector indexes in transportation .DJT, banks .BKX and housing .HGX this week hit historic or multiyear highs as well.
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Fiscal cliff will Dominate Stock Market Week Dec 24-28 2012

Stock market Today - Fiscal cliff will Dominate Stock Market Week Dec 24-28 2012, U.S. markets close monday dec 24 2012 : Investors will be looking for any effort next week to salvage negotiations to avert billions in automatic tax hikes and spending cuts due to begin in the new year, unless a deal is reached.

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China new leader comments economic optimism Stock futures rose

China new leader comments economic optimism Stock futures rose : Stock futures rose on Wednesday after comments from China's new leader boosted global growth expectations. Still, some earlier gains were trimmed after data showed U.S. private-sector employers added 118,000 jobs in November, shy of economists' expectations.

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Impact U.S. budget crisis stock market drop

Stock market news today - Impact U.S. budget crisis stock market drop : Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent world stock markets lower on Wednesday.

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stock market focus week nov 12-16 2012

stock market focus week nov 12-16 2012 : After the stock market took a brutal, post-election battering, all eyes next week will be on equities as investors try to figure out what’s next for Wall Street. Next week will also be a busy one for investors with a lot of manufacturing, monetary policy and inflationary data coming out.

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Stock market will focus US election next week october 29 2012

Stock market will focus US election next week october 29 2012 : Earnings season may be only half over, but the focus on profits should subside next week as investors turn their attention to the coming election and Friday's jobs report, the last major data release before the Nov. 6 contest.
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Stock market outlook october 8-12 2012

Stock market outlook next week october 8-12 2012  : On Friday stock markets were mixed with the Dow finishing up slightly and the other two major indexes declining as investors contended with a jobs report that showed a drop in the unemployment rate but sparked debate as to what the numbers actually meant for the economy. Read more on Friday jobs report and 7.8% unemployment rate.
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Stock markets forecast october 1-5 2012

Stock markets forecast october 1-5 2012 : Wall Street will open October with a busy week, highlighted by low expectations for global manufacturing data and the U.S. jobs report, but that could set the stage for positive surprises that help lift the market.
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Global Stock market outlook down september 24 2012

Global Stock market outlook down september 24 2012, european stock futures 9/24/2012 : Asian stocks fell on Monday on reports France and Germany are at odds as to when to roll out a program to centralize eurozone bank supervision. During Asian trading on Monday,

Hong Kong's Hang Seng Index was down 0.46%, Australia's S&P/ASX200 was down 0.62%, while Japan’s Nikkei 225 Index was down 0.68%.
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Stock market prediction september 24-28 2012

Stock market prediction september 24-28 2012 : U.S. stocks could struggle to stay close to nearly five-year highs next week as worries mount about third-quarter earnings and the market appears primed for a pullback from recent stimulus-driven gains.

A bevy of economic reports, including durable goods orders, will grab attention, particularly after the Federal Reserve unveiled its plan on September 13 for a third round of aggressive stimulus to help revive the flagging U.S. economy.
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Wall Street stocks market forecast 2016

Wall Street stocks market forecast 2016 : 2013 is gonna be a bummer,” warns Bloomberg BusinessWeek. “Whether it’s Barack Obama or Mitt Romney ... someone will have the misfortune of overseeing an economy” with “low growth, persistently high unemployment and huge amounts of debt.”

Worse, the magazine’s poll of 79 economists warns GDP growth will fall further, to 2.1%, with a real “chance the U.S. will be in recession.”  

 Flash forward through 2016: Politicians still warring, spending billions on re-elections. Recession? Yes. And Wall Street losing another 20% in the new presidential term.

How? Remember, between 2000 and 2010 Wall Street lost an inflation-adjusted 20% of the retirement portfolios of 95 million Americans as the Dow swung violently between a bottom of 6,470 and a top of 14,164. And it’ll do it again this decade, according to many reports we’ve covered in recent years predicting down markets this decade, probably before the end of the next presidential term.

Why? As BusinessWeek put it, economic trends are so bad, “fixing them will be beyond the immediate grasp of an Obama or Romney administration.” You must plan on a recession, inflation, retirement losses, higher taxes.

So what’s your best investment strategy? Get defensive — you’ll have ride out economic storms and bigger political wars the next four years, driving markets down.

10 reasons Wall Street stocks lose another 20% by 2016

Seriously, folks, why bet on the Wall Street casinos again? Didn’t work last decade. Why trust their relentless propaganda? Why bet on a losing game when the house always wins thanks to high fees and high-frequency trading? They’ll repeat the losses of the last decade in a world far more dangerous for investors than it was in the “Lost Decade” of 2000-2010.

If you do buy, consider the stock’s fundamentals, but also factor in the added negative impact of these 10 interrelated macro trends that further guarantee Wall Street will lose another 20% by 2020:

1. Totally dysfunctional Washington gets worse

No matter who wins, Romney or Obama, the war for the 2016 presidency will be far more destructive for America. The dysfunctional, no-compromise political battles will get more deadly for the country. This is behavioral economics at it’s egomaniacal worst: Former House Speaker Nancy Pelosi, a Democrat, admits Congress will continue divided. GOP strategist Karl Rove will start building an even bigger war chest starting New Year’s Day 2013. Billions. Democrats will match Rove dollar for dollar. Hostilities will accelerate.

BusinessWeek warns: “Obama likely won’t be able to pass more stimulus, and Romney will have a hard time lowering taxes. Neither campaign has a convincing growth strategy.” Both promise to reduce the deficit, “but the more likely effect of shrinking the deficit, through spending cuts and tax increases, will be to slow growth even further.”

So count on four more years of political suicide as both parties become more aggressive, mean-spirited and hyper-irrational in a more costly, no-compromise, screw-America partisan war zone.

2. Wall Street has no moral conscience

Since 2008 Wall Street’s greed has been flaunted openly. Why? No restraints thanks to Treasury bailouts, Fed’s chap money, weak regulations, minimal prosecutions and Wall Street’s addiction to its own high-leverage, high-frequency derivatives casino that often generates $100 million profit days.

Investment bankers rule. Retail banking and investors are tolerated. Wall Streeters have no moral conscience. Their too-big-to-fail arrogance has put them above the law. It will get far worse. Only solution? Another 1929 crash. New Glass-Steagall.

3. Lobbyists keep fueling America’s ‘capitalist anarchy’

Forget democracy, America’s now a “capitalist anarchy,” thanks to the explosion of lobbyists running government. This trend shows no sign of abating. Imagine: 42,000 Washington lobbyists today, versus a handful in 1975. One expert estimates 261,000 special-interest “influence peddlers” throughout America.

The Center for Public Integrity reported that “more than 1,750 companies and organizations hired about 4,525 lobbyists, eight for each member of Congress, to influence health-reform bills in 2009.” America’s “capitalist anarchy” is loading the Treasury with deficits. And the debt is guaranteed to negatively impact future market returns.

 4. Fed policies keep blowing a bigger bubble

Economist Marc Faber hits hard: “The world is heading toward a major crisis.” The coming collapse will be “caused by Federal Reserve Chairman Ben Bernanke and the Federal Reserve’s continuous printing of new money.” All the Fed’s bailouts, loans, credits and money printing since the 2008 Wall Street meltdown did “not create any long-lasting wealth or create healthy growth.”

These Fed policies began a couple decades ago with former Chairman Alan Greenspan’s free-market ideology funneling endless cheap money to prop up too-greedy-too-fail Wall Street banks. Now Bernanke’s blowing a new, bigger. more toxic credit bubble than 2008.

5. Trickle-down economics increasing inequality gap

In “The Price of Inequality,” Nobel economist Joseph Stiglitz tells us that “the American dream is a myth … the gap’s widening … the clear trend is one of concentration of income and wealth at the top.”

Huffington Post just reported on a “new study by the nonpartisan Congressional Research Service that has found that over the past 65 years” trickle-down economics does not work, “tax cuts for the rich have not led to economic growth and instead are linked to greater income inequality in the United States.” The study concludes: “Tax cuts for the bottom 90% of income earners can stimulate economic growth and job creation.”

But such facts are irrelevant to billionaires. Only a global catastrophe will shock them awake.

6. Foreign policy and a war of civilizations

The global investment world is far more volatile and dangerous today than in the Bush years. Witness the metastasizing rage triggered recently across the Arab world. America started a preemptive war of civilizations by attacking Iraq under false pretenses, one of the biggest foreign-policy blunders in American history.

That war had the unintended consequences of playing into the hands of our enemies, made them stronger, costing us trillions, weakening America as a military and global economic power. Now there’s no end in sight as anti-American rage spreads, inflaming the entire Arab world.

7. Perpetual growth economics destroying the planet

The classic economic principle of perpetual growth, once a given in economics and politics, is being challenged by “no-growth” research and principles of environmentalists who see most essential commodities as finite, nonrenewable planetary resources.

On one side, for example, energy producers in oil, coal, gas and alternative energy claim unlimited reserves for future growth in their sales, revenues and earnings. They dismiss claims by environmentalists about the unintended consequences of a global population increase of 50% by 2050 and the Earth’s inability to feed 10 billion people.

Nothing will change soon: Perpetual-growth myths win because energy companies lobbyists and campaign handlers have unlimited budgets to get energy-friendly politicians in office.

8. Clueless leaders: new meltdown inevitable

America is again being propelled to the edge of an economic cliff, already burdened with an estimated $29.7 trillion debt from the misguided political decisions of the past decade. Endless deficits lie ahead. Year-end fiscal negotiations will settle nothing, just kick core problems down the road.

The lessons of 2008 were never learned. As the authors of “This Time Is Different: 800 Years of Financial Folly.” put it: “The lesson of history is that even as institutions and policy makers improve, there will always be a temptation to stretch the limits ... the ability of governments and investors to delude themselves, giving rise to periodic bouts of euphoria that usually ends in tears, seems to have remained a constant.”

9. Next time, taxpayers won’t bail out Wall Street

I’ll bet you’re in total denial about this one. Congress avoids big decisions, till it’s too late. Moral-hazard critics warn that Wall Street’s arrogant too-greedy-to-fail bankers actually believe taxpayers will bail them out again when they trigger the next meltdown. Wrong.

Even if our politicians are dumb enough, Wall Street’s insatiable greed is a force pushing America into massive deficits and debt. Next time the resources simply will not be available to fund another bailout when the bomb goes off, the meltdown ignites.

So don’t listen to Wall Street’s casino croupiers, they’re playing a lethal game of liar’s poker with America’s future?

10. Casino odds guarantee you’ll just keep losing

Reminder: Between 2000 and 2010 Wall Street’s casino was in fact a loser’s game for Main Street investors. The Dow dropped below 6,400 in early 2002, later collapsed from a peak of 14,164 in 2007. Still, between 2000 and 2010 Wall Street lost an inflation-adjusted 20% of the retirement assets of 95 million investors.

Warning: Wall Street will repeat its failed performance, lose another 20% of your hard-earned money this decade. Their game’s fixed. Wall Street’s a loser.

Bottom line, Jack Bogle’s now warned that over 50% of Americans will never make it into a comfortable retirement. You’re stuck in Wall Street’s fantasy casino, a new version of Michael Lewis’s “Liar’s Poker” that’s just a recycled version of Charlie Ellis’ old “Loser’s Game.” In short, the odds are high they will lose a lot of your money again in the coming decade.

Why? No matter who wins the presidency, neither Obama nor Romney can fix America. Get ready folks, it’s really bad out there. It’ll be getting worse ( Source http://www.marketwatch.com )

Stock market prediction 2013, how will stock market in 2013, 2014, 2015, Barack Obama , Mitt Romney, impact elections on stock market 2013, best investment strategy 2013, us econmic recession 2013.

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Stock market predictions 10-15 September 2012

Stock market predictions 10-15 September 2012 : Last week was dominated by market expectations towards last Thursday's European Central Bank meeting, and the ECB did not disappoint. The speculative interest in gold had a good run recently with the potential of more FED stimulus raised since the Jackson Hole meeting, and now with the ECB's big bazooka coming out to play.

Federal Reserve meeting should dominate financial coverage next week, as market observers wait to see whether the Fed will step in with new interventions to jumpstart the slow U.S. recovery.

Also, a raft of consumer and trade data are expected next week, but on the equities side, there are only a few notable companies posting their latest earnings.

Apple Inc AAPL +0.62%. is expected to unveil its new iteration of the iPhone at an event on Wednesday.

Handful of Reports Surrounding the Fed

The main event next week for economy watchers will be the two-day Federal Reserve Open Market Committee meeting, kicking off Wednesday, and its accompanying press conference Thursday. Investors and economists will also get a boatload of data on consumers, trade and inflation.

The top-line inflation numbers for August are likely to show big increases, but the rises will reflect gasoline prices. Core rates that exclude food and energy are expected to be muted, leaving the Fed able to focus on growth, not price pressures. That is the general view of economists surveyed by Dow Jones Newswires.

The producer-price index due Thursday is expected to jump by 1.0% in August, but the core index is forecast to be up just 0.2%.

Consumer prices will be reported Friday, after the Fed has met and gone home. The median forecast calls for the CPI to be up 0.6% last month, but the core index is projected to have increased only 0.2%.

Data on consumer spending and attitudes also will be on display next Friday.

Dollar’s Fate Tied to Fed Meeting

The dollar’s fate will be closely linked to the outcome of the Federal Reserve’s policy meeting next week.

Friday’s weaker-than-expected jobs numbers have ramped up expectations the central bank could announce a third round of bond buying at the close of its two-day meeting. This so-called quantitative easing would involve printing money and would lower U.S. bond yields, two factors likely to weaken the dollar.

Increasingly, many investors are betting the central bank will pull the trigger on another bond-purchase program. The question they face is when and in what form.

But some market participants say while this Friday’s weak jobs numbers open the door for more Fed interventions, other recent indicators–including auto sales–point to an improving U.S. economy. So the Fed may not be in such a rush to announce more bond buying. Instead, it may simply extend the window where it expects to keep interest rates near zero.

Quarterly Results Due From Pier One United Natural Foods UNFI -0.05%

A handful of retailers–Pier 1 Imports Inc. (PIR) Five Below Inc FIVE -1.39%. (FIVE) Orchard Supply Hardware Corp OSH +2.07%. (OSH) and privately held Neiman Marcus Group Inc.–are scheduled to report earnings next week.

Pier 1 late last month forecast fiscal second-quarter earnings slightly ahead of consensus estimates, citing customers’ favorable response to its new merchandise assortments. The home-furnishings retailer has enjoyed a turnaround since the recession, when it was on the brink of bankruptcy.

Discount retailer Five Below, which went public in mid-July, will report its first earnings as a public company and is expected to post a small profit.

Also, casino-games company Shuffle Master Inc SHFL -0.33%. (SHFL) and organic-foods distributor United Natural Foods Inc. (UNFI) should report their latest quarterly results. Chipmaker Texas Instruments Inc. TXN -1.29% (TXN) should also provide a mid-quarter financial update.

Euro Movement Driven by German Court Decision, ECB

The outlook for the euro zone looks a lot less ominous now that the European Central Bank has waded into the crisis with its plan to snap up unlimited amounts of debt issued by the bloc’s more fiscally strained member states.

But a German constitutional court decision next Wednesday on the legality of two euro-zone bailout vehicles poses a major risk for the euro. If the court were to rule the temporary European Financial Stability Facility and the permanent European Stability Mechanism are unconstitutional, it would call into question the central infrastructure the monetary union’s 17 member nations have used to calm the debt crisis.

It would also hamper the latest bond-buying plan announced by the European Central Bank this week, which pumped the euro higher and brought down the cost of borrowing for Italy and Spain.

Since the German parliament has already approved the bailout mechanism, chances of the German court rendering it illegal are very low, said Marc Chandler, currency strategist at Brown Brothers Harriman, adding “it does pose some risk.”

Also Wednesday, the Netherlands holds parliamentary elections.

Conferences and events

Among the significant conferences next week are Denver Gold Group’s Denver Gold Forum from Sunday to Wednesday in Denver; Barclays Capital Global Financial Services Conference from Monday to Friday in New York City; Morgan Stanley Healthcare Conference MS +5.11% from Monday to Wednesday in New York City; Rodman & Renshaw Annual Global Investment Conference from Sunday to Tuesday in New York City; RBC Capital Market Global Industrials Conference from Tuesday to Wednesday in Las Vegas; Deutsche Bank dbAccess Technology Conference from Tuesday to Thursday in Las Vegas; ThinkEquity Growth Conference from Wednesday to Thursday in New York City; CL King & Associates Best Ideas Conference from Wednesday to Thursday in New York City; and Morgan Stanley Industrials & Autos Conference from Thursday to Friday in New York City.

Apple Inc. also invited media to a Sept. 12 product announcement Tuesday at which the company is widely expected to announce a new iPhone.

Monday

Economics

July Consumer Credit (3:00 p.m. Eastern Time): Seen expanding to $7 billion from $6.5 billion a month earlier.

Earnings

Casey’s General Stores, Del Monte, Five Below, John Wiley & Sons, Majestic Entertainment, Orchard Supply Hardware
Palo Alto Networks, Shuffle Master, Titan Machinery

Tuesday

Economics

August NFIB Small Business Index (7:30 a.m.)

July U.S. trade deficit (8:30 a.m.): Seen at $44.8 billion from $42.9 billion a month earlier.

July Job Openings and Labor Turnover (10:00 a.m.)

Earnings

Hanwha Solar, McDonald’s (monthly), Texas Instruments and United Natural Foods

Wednesday

Economics

August Import Prices (8:30 a.m.): Seen rising 1.5% after falling 0.6% a month earlier.

July Wholesale Inventories (10:00 a.m.): Seen expanding 0.5% after declining 0.2% a month ago.

Earnings

Pall Spartech SEH -0.18%

Thursday

Economics

Weekly Jobless Claims (8:30 a.m.): Seen rising to 370,000 from 365,000 a week earlier.

August Producer Price Index (8:30 a.m.): Seen rising 1.0% after expanding 0.3% a month earlier.

August Federal Budget (2:00 p.m.)

Earnings

Analogic, K12, Neiman Marcus, Pier 1 Imports WW Grainger GWW +0.04% (monthly)

Friday

Economics

August Retail Sales (8:30 a.m.): Seen rising 0.9% after jumping 0.8% a month ago.

August Consumer Price Index (8:30): Seen rising 0.6% after coming in unchanged a month earlier.

August Industrial Production (9:15): Consensus sees it falling 0.1% after a 0.6% rise a month earlier.

August Capacity Utilization (9:15): Seen at 79.2% from 79.3% a month ago.

September Reuters/UMich Consumer Sentiment (preliminary) (9:55 a.m.): Seen at 73.5 from 74.3 a month earlier

July Business Inventories (10:00): Seen up 0.4% after rising 0.1% a month earlier.

Earnings

Nothing of note.

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Stock Market forecast september 5 2012

Stock Market forecast september 5 2012 : The Asian stock markets are looking at another mixed lead with a hint of caution ahead of Thursday's European Central Bank meeting and U.S. non-farm payroll data on Friday.

European Central Bank President Mario Draghi has given his clearest signal yet on what the central bank is up to and how the ECB is going act on the euro cris, in what seems to be an unofficial disclosure by European lawmakers of his confidential statement before the European Parliament.

According to reports, during the closed-door meeting of the lawmakers, Draghi defended a number of measures introduced by the ECB, including the controversial bond-purchase plan, and indicated that the central bank is not averse to buying government bonds of up to three-year maturities on the secondary market.

Draghi, who is widely expected to announce the details of his latest crisis-fighting measures after the ECB Governing Council meeting on Thursday, reportedly said that the latest plan will not amount to state financing of euro area governments. Read Predictions ECB Meeting september 6 2012

The major U.S. markets ended lower on Tuesday as the Dow dipped 0.42 percent to finish at 13,035.94, while the NASDAQ added 0.26 percent to end at 3,075.06 and the S&P 500 eased 0.12 percent to close at 1,404.94.

The major European markets were sharply lower on Tuesday as Germany's DAX dipped 1.17 percent, while the CAC 40 in France fell 1.58 percent, London's FTSE dropped 1.50 percent and the Swiss market fell 1.16 percent.

The Asian markets were mostly lower China's Shanghai Composite shed 0.75 percent, while Hong Kong's Hang Seng dipped 0.66 percent, Indonesia retreated 0.31 percent, South Korea's KOSPI fell 0.29 percent, Singapore's Straits Times lost 0.19 percent, Japan's Nikkei eased 0.09 percent, Malaysia and Taiwan each added 0.01 percent and Thailand collected 0.07 percent.

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Stock market forecast september 2012

Stock market forecast september 2012 : Marking the end of the summer doldrums, Wall Street is likely to kick off September with heavy trading volume while it hopes that the European Central Bank will hint at further stimulus measures to boost the global economy.

On Friday, U.S. Federal Reserve Chairman Ben Bernanke said that the central bank stands ready to bolster the economy if necessary, although he stopped short of giving an explicit signal of more monetary easing.

U.S. stocks rallied after Bernanke's speech to an annual conference of central bankers in Jackson Hole, Wyoming, with major indexes gaining more than 1 percent in the late morning session. At the end of the day the Dow Jones industrial average was up 0.7 percent, while the Standard & Poor's 500 Index was up 0.5 percent and the Nasdaq Composite Index up 0.6 percent.

"This (Bernanke speech) was in line with what we were expecting. He left the door open but didn't announce anything explicit. He doesn't intend to front-run his own FOMC (policy)meeting," said Liz Ann Sonders, New York-based chief investment strategist at Charles Schwab Corp, which has $1.6 trillion in client assets.

Investors are now awaiting comments from European Central Bank President Mario Draghi after the bank's meeting on Thursday. Many investors will look to the ECB meeting to glean strong clues on what to expect from the Federal Open Market Committee's own policy meeting next week on Sept 12-13.

"Between now and mid-September, we'll be focusing on the ECB, though the next FOMC meeting is also around the time that the German court meets, so we'll be getting news on both those fronts. Any news from Europe will drive markets more than domestic news, with the exception of the payroll report," Sonders said.

The all-important U.S. non-farm payrolls report is due on Friday. With Bernanke citing poor improvement in the labor market as part of the reason the U.S. economy faces "daunting" challenges, Friday's data could be a game changer, according to market participants.

In the euro zone, following the European Central Bank policy meeting on Sept. 6, a German Constitutional Court will rule on the euro zone's permanent bailout fund on Sept. 12, which may affect the ECB's bond-buying plans.

But there was further uncertainty within the ECB over President Mario Draghi's bond-buying plan on Friday after German central bank chief Jens Weidmann reportedly threatened to resign, piling pressure on Draghi to mollify opposition.

There are "growing hopes that Draghi has overcome Bundesbank opposition to announce a bond buying plan at next Thursday's ECB meeting," said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co.

But "what Draghi may have put in front of Weidmann is the notion that no actual purchases may ever occur as long as the market understands what it is up against in terms of coordinated, decisive policy response from the ECB."

ALL ABOUT THE JOBS

In a holiday shortened week, with U.S. markets closed on Monday for the Labor Day holiday, Friday's employment report will be the final major economic report to affect the results of the upcoming meeting of the Federal Open Market Committee (FOMC).

"Unless there is a sharp weakening in the labor markets, something our data do not indicate, the Fed will sit on the sidelines at the ready to act only if things get really bad," said Steve Blitz, chief economist at ITG Investment Research in New York.

A Reuters survey forecast nonfarm payrolls rose by 125,000 for the month of August.

In July, nonfarm payrolls added 163,000 workers, breaking three months of job gains below 100,000 and offering hope for the ailing economy. At the same time, a rise in the unemployment rate to 8.3 percent kept alive the possibility that the Federal Reserve could provide additional stimulus to the economy.

"The Beige Book prepared for the September 12-13 meeting of the Federal Open Market Committee (FOMC) offered little evidence of a material improvement in broad labor market conditions through Aug 20," Wilkinson said.

"Indeed, the trend in jobless claims has largely moved sideways over the summer. We forecast that total nonfarm payrolls increased by 110,000 in August, with the unemployment rate holding steady at 8.3 percent," he said.

Other economic data this week include the Institute for Supply Management manufacturing survey and construction spending on Tuesday; non-farm productivity and labor costs on Wednesday; the ADP private-sector employment report and weekly jobless claims on Thursday.

For the week the Dow jones was down 0.5 percent, while the S&P 500 was down 0.3 percent and the Nasdaq was down 0.1 percent. For the month, the Dow rose 0.6 percent, the S&P 500 gained 2 percent and the Nasdaq climbed 4.3 percent, its best monthly performance since February.

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Weekly Economic Events calendar sept 3-7 2012

Weekly Economic Events calendar sept 3-7 2012 : during last week, the prices of precious metals rallied mainly on the last day of the week following Ben Bernanke’s speech that rekindled the expectations of another QE program in the near future. I still think it’s too early to jump to the conclusion that the FOMC will launch QE3 in the near future. During last week, the Euro also traded up against the USD. Further, other commodities prices such as crude oil also increased. Will gold silver and Euro continue to trade up during this short week (it’s a American holiday on September 3rd)?

There are several important reports, speeches and decisions to be made that may affect the financial markets such as: Mario Draghi’s speech, U.S manufacturing PMI, MPC rate decision and purchase program, GB manufacturing PMI, German bond auction, U.S non-farm payroll report, China’s CPI, Canada’s rate decision, Australia’s GDP for Q2, ECB rate decision and U.S. jobless claims. Here is an economic news calendar forecast for September 3rd to September 7th regarding the U.S., GB, China, Australia, EU, and Canada.

Monday, September 3rd

02:30 – Australian Retail Sales: This monthly report will refer to the developments in Australia’s retail sales report for July 2012. The retail sales (seasonally adjusted) rose by 1% in June; this news may affect the strength of the Aussie dollar;

14:00 – Spanish Flash Manufacturing PMI: This report will refer to the monthly developments in Spain’s manufacturing sector. According the previous report the index rose to 42.3%, which means the manufacturing is still contracting;

09:30 – GB Manufacturing PMI: This report will refer to Great Britain’s manufacturing sector status in August 2012. In the recent report regarding July 2012 the index fell to 45.4%. This rate means the manufacturing sector is contracting at a faster pace; this index might affect GB Pound;

Tentative – ECB President Draghi Speaks: The President of the European Central Bank, Mario Draghi will give a speech at Brussels; there are expectations that the ECB will launch its bond purchase program in the near future, but the tension between the President of German Central Bank and Draghi regarding this program could impede its progress. If the ECB President will refer to this issue or the upcoming ECB rate decision, it could affect the Euro and commodities rates;

Tuesday, September 4th

05:30 – Reserve Bank of Australia – Cash Rate Statement: the overnight money market rate of Australia’s Reserve Bank remained flat at 3.5% – the lowest level since the end of 2009. If the RBA will decide to lower the rate this news may affect the Australian dollar that is strongly linked with commodities prices;

15:00 – U.S. ISM Manufacturing PMI: This report will pertain to the monthly changes in the manufacturing sector on a national level during August 2012. During July 2012 the index edged up to 49.8%, which means the manufacturing is still contracting; this index may affect forex, crude oil and natural gas markets;

2:30 – Australian GDP Second Quarter 2012: This quarterly report will pertain to the Australia’s GDP growth rate during the second quarter of 2012. In Q1 2012, the GDP expanded by 1.3% (seasonally adjusted). The slowdown in China’s growth might also adversely affect the growth of Australia’s GDP. Australia is among the leading countries in exporting commodities such as crude oil and metal ores; if the growth rate will dwindle it could affect the Australia dollar

Wednesday, September 5th

Tentative – German 10 Year Bond Auction: the German government will issue its first bond auction for September; in the previous bond auction, which was held at the beginning of August, the average yield reached 1.42%;

14:00 – Bank of Canada’s Overnight Rate: The Bank of Canada will announce its decision vis-à-vis Canada’s overnight interest rate, which remained unchanged at 1% in the previous decision. The BOC may continue its policy and keep the interest rate unchanged;

02:30 – Australia Employment Report: in the recent report regarding July 2012 the rate of unemployment remained at 5.2%; the number of employed (seasonally adjusted) slightly rose by 14,000 people; the number of unemployed decreased by 2,500 during July compared with June‘s numbers. This report could affect the Australian dollar

Thursday, September 6th

12:00 – Great Britain Bank Rate & Asset Purchase Plan: Bank of England will announce its basic rate for September 2012 and of any changes in its asset purchase plan; as of August the BOE’s rate remained flat at 0.5% and the asset purchase plan also remained £375 billion;

12:45 – ECB Press Conference and Euro Rate Decision: In the July interest rate decision the President of ECB, Mario Draghi cut the EU interest rate by 0.25pp to 0.75%; in August the interest rate remained unchanged. Since many EU countries are still struggling, ECB might decide to make another rate cut in the near future by another 0.255pp. If ECB will cut the rate again, it may affect the Euro to US dollar exchange rate;

13:30 – U.S. Jobless Claims Weekly Report: this update will pertain to the weekly changes in the initial jobless claims for the week ending on August 31st; in the latest report the jobless claims remained unchanged at 374,000; this upcoming weekly report may affect the U.S dollar and consequently the prices of commodities;

15:00 – U.S. ISM Non-Manufacturing PMI: This report will present the developments in the non-manufacturing sector during August 2012. During July 2012 this index edged up to 52.6% – this means the non-manufacturing is still expanding and at a slightly faster pace than before; this index may affect forex and commodities trading;

15:30 – U.S Crude Oil Stockpiles Report: the EIA (Energy Information Administration) will come out with its weekly report on the U.S oil and petroleum stockpiles for the week ending on August 31st; in the previous weekly update for August 24th, stockpiles increased by 4.6 million bl to 1,797 million bl;

15:30 – EIA U.S. Natural Gas Storage Update: the EIA weekly report of the U.S. natural gas market will refer to the recent changes in natural gas production, storage, consumption and prices as of August 31st; in the previous weekly report, natural gas storage rose by 66 Bcf to 3,374 Bcf;

2:30 – Australian Trade Balance: The upcoming report will refer to July 2012. In the recent report, the seasonally adjusted balance of goods and services nearly didn’t change and expanded by only $9 million in June 2012. The export of non-monetary gold rose by $246 million (17%); if the gold exports will continue to rise in July, it might suggest an increase in demand for non-monetary gold ;

Friday, September 7th

09:30 – Great Britain Manufacturing Production: this report will present the yearly rate of GB’s manufacturing production for July; in the last report regarding June the index declined by 2.9% (M-2-M); this news may affect the British Pound;

09:30 – Great Britain PPI Input: this report will refer to the yearly rate of GB’s producer price index as of August 2012; in the previous report regarding July the input price rose by 1.3% (M-2-M); this news may affect the British Pound;

13:30 – Canada’s Employment Report: In the recent employment report for July 2012, unemployment edged up to 7.3%; the employment fell by 30k during the month. The upcoming report might affect the Canadian dollar and consequently the prices of oil and natural gas

13:30 – U.S. Non-Farm Payroll Report: in the recent report for July 2012, the labor market expanded by a higher than expected rate: the number of non-farm payroll employment increased by 163k; the U.S unemployment rate reached 8.3%; if the upcoming report will continue to show growth of above 120 thousand (in additional jobs), this may lower the chances of the Fed introducing additional stimulus plan in 2012; this report may affect not only the U.S dollar, but also commodities prices

Saturday, September 8th 2012

02:30 – Chinese CPI: during July the Chinese inflation rate declined to an annual rate of 1.8%; this rate is well below China’s inflation target of 4% in annual terms. If the inflation will continue to dwindle it could indicate that China’s economic progress continues to slow down; China is among the leading countries in importing commodities such as gold and oil;

Source ; http://www.tradingnrg.com

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Are stock market closed 3 september 2012

Are stock market closed 3 september 2012, stock market closed 9/3/2012 : U.S. and Canadian markets are closed Monday for the Labor Day holiday.

The stock market will open back up on Tuesday September 4, 2012 and operate under regular hours.

Asian and European markets will be be open and operate under normal hours.

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Stock Market outlook september 3-7 2012

Stock Market outlook september 3-7 2012, stock market prediction next week september 3 2012 : Markets will also be looking ahead to a European Central Bank (ECB) meeting on September 6th and the German Constitutional Court ruling on the European Stability Mechanism on September 12th, all labelled as "risk" events by analysts at UniCredit yesterday which could lead to significant volatility on markets.

US and most European shares closed higher on Friday after a speech by US Federal Reserve chairman Ben Bernanke left open the possibility for new stimulus measures.

In the US, the Dow Jones Industrial Average added 90.13 points (0.69 per cent), closing at 13,090.84.

In Europe, Frankfurt's DAX 30 surged 1.09 per cent to 6,970.79 points and Paris' CAC 40 gained one per cent to 3,413.07 points at the close on Friday.

London bucked the trend, with the FTSE-100 slipping 0.14 per cent to 5,711.48 points.

In other news, following the meeting between German Chancellor Angela Merkel and Italian Prime Minister Mario Monti in Berlin yesterday, Merkel has requested that Italy delays its request for aid, according to Spanish newspaper El Mundo.

The data calendar itself next week isn’t very heavy. The highlight comes Friday morning, with the monthly nonfarm payrolls report. Consensus is for a very tepid 128,00o jobs created, with the unemployment rate remaining flat at 8.3%. This will be the last big data point before the next Fed rate-setting meeting, so there may be some speculation about what the numbers spell for QE3 (probably not much, one way or the other).

The other headline event next week is the ECB’s governing council meeting, on Sept. 6. Most in the market expect President Mario “whatever it takes” Draghi to outline the bank’s plans to get back into buying up sovereign-debt, and taking on some kind of regulatory role over Europe’s fractured banking system. But that’s highly speculative.

In the week ahead, markets will be focusing on the ECB’s post-policy meeting press conference on Thursday, as investors await more details about the size and scope of the bank’s bond purchasing program from President Mario Draghi.

The U.S. is to release its monthly report on non-farm payrolls on Friday, which will allow investors to gauge the strength of the faltering labor market.

Ahead of the coming week, stock market news has compiled a list of these and other significant events likely to affect the markets.

Monday, September 3 2012
Japan is to release government data on capital spending, a leading indicator of economic health.

Australia is to produce official data on retail sales, the primary gauge of consumer spending, which accounts for the majority of overall economic activity. The country is also to publish industry data on job advertisements, followed by an official report on company operating profits.

Switzerland is to release official data on retail sales, followed by the SVME purchasing managers’ index.

The U.K. is to release data on manufacturing activity, a leading indicator of economic health.

In the euro zone, ECB President Mario Draghi is scheduled to testify before the European Parliament's Economic and Monetary Affairs Committee, in Brussels. Meanwhile, Spain and Italy are to release official data on manufacturing activity.

Markets in the U.S. and in Canada are to remain closed for the Labor Day holiday.

Tuesday, September 4 2012

The Reserve Bank of Australia is to announce its benchmark interest rate; the announcement is to be accompanied by the bank’s rate statement, which contains insights into current economic conditions for the bank’s perspective. The country is also to release official data on the current account.

Japan is to produce government data on average cash earnings.

In Europe, Switzerland is to publish official data on second quarter gross domestic product, the broadest measure of economic activity and the primary gauge of the economy's health.

The U.K. is to publish industry data on house price inflation, a leading indicator demand in the housing sector, as well as industry data on retail sales. The U.K. is also to release data on construction sector activity.

The U.S. is to publish a report by the Institute for Supply Management on manufacturing PMI.

Wednesday, September 5 2012

Australia is to release official data on second quarter gross domestic product, the broadest measure of economic activity and the primary gauge of the economy's health, as well as data on service sector activity.

Switzerland is to produce official data on consumer price inflation, which accounts for a majority of overall inflation.

Elsewhere in Europe, the U.K. is to release data on service sector activity, a leading indicator of economic health.

Meanwhile, the euro zone is to publish official data on retail sales.

The Bank of Canada is to announce its benchmark interest rate; the announcement is to be accompanied by the bank’s rate statement, which contains insights into current economic conditions for the bank’s perspective.

Later in the day, the U.S. is to produce revised data on nonfarm productivity.

Thursday, September 6 2012

Australia is to publish official data on employment change and the unemployment rate, a leading indicator of economic health.

Bank of Japan Governor Masaaki Shirakawa is scheduled to speak in Tokyo; his comments will be closely watched for any indications of the possible future direction of monetary policy.

In the euro zone, the ECB is to announce its benchmark interest rate. The announcement is to be followed by a press conference with bank head Mario Draghi, which will be closely watched for details of the bank’s bond purchasing program.

Elsewhere, Germany is to release a report on factory orders, a leading indicator of production.

In the U.K., the Bank of England is to announce its benchmark interest rate.

The U.S. is to produce industry data on non-farm employment change, followed by weekly government data on unemployment claims. The country is also to release a report by the Institute for Supply Management on non-manufacturing activity, as well as government data on crude oil stockpiles.

Friday, September 7 2012

Australia is to release official data on trade balance, which is the difference in value between imported and exported goods and services.

In Europe, the Swiss National Bank is to publish a report on foreign currency reserves,

The U.K. is to produce official data on manufacturing production and producer price inflation, followed by a BoE report on consumer inflation expectations.

In the euro zone, Germany is to publish official data on industrial production, a leading indicator of economic health.

Later in the day, Canada is to release official data on building permits, a key gauge of future construction activity, as well as on employment change and the unemployment rate. The country is also to publish an official report on labor productivity, followed by a PMI report by the Richard Ivey School of Business.

The U.S. is to round up the week with closely watched official data on non-farm payrolls and the unemployment rate, as well as a report on average hourly earnings.

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Stock Market Analysis today august 29 2012

Stock Market Analysis today august 29 2012 : Global stock markets were mostly trading in the red on Wednesday afternoon in spite an upwards revision to US economic growth as investors showed caution ahead of a meeting of central bankers this Friday.

Investors are hoping that the Jackson Hole summit this week will see the US Federal Reserve hint at further stimulus measures like it has done in the past. However, in spite of an upwards revision to US gross domestic product (GDP) growth figures for the second quarter today – adjusted to an annual rate of 1.7% from 1.5% - US benchmarks slipped after the opening bell.

the data in itself is unlikely to cause too much of a stir, the fact that the number has been revised higher since the last meeting is not going to work in the favour of those hoping the Fed loosen monetary policy next month.

European Central Bank (ECB) President Mario Draghi is being forced to miss the Jackson Hole conference due to "a heavy workload", increasing speculation that he could be putting the finishes touches to plans for strong action ahead of an ECB meeting next week.

Draghi hit back at German criticism of his bond-buying proposal today, sparking rumours that something big is on the horizon in Europe. The ECB “will always act within the limits of its mandate,” Draghi said in German newspaper Die Zeit. “Yet it should be understood that fulfilling our mandate sometimes requires us to go beyond standard monetary policy tools.”

I don’t think there’s any doubt any more than Draghi will announce their bond buying programme at the ECB press conference in September.”

In other news, German Chancellor Angela Merkel reiterated her opposition to the European Stability Mechanism being granted a banking licence, saying that the idea is “not compatible with the treaties”. However, Italian Prime Minister Mario Monti argued that “modifications to the treaties can be asked for”.

During early U.S. trade, the Dow Jones Industrial Average eased up 0.06%, the S&P 500 index added 0.12%, while the Nasdaq Composite index rose 0.17%.

European stocks remained lower on Wednesday, as investors awaited comments by Federal Reserve Chairman Ben Bernanke on Friday amid sustained hopes for fresh action by world central banks to bolster growth.

During European morning trade, the EURO STOXX 50 dropped 0.68%, France’s CAC 40 declined 0.73%, while Germany’s DAX 30 retreated 0.53%.
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Stock markets prediction week august 20-24 2012

Stock markets prediction week august 20-24 2012 : Technology heavyweights Dell Inc. (DELL) and Hewlett-Packard Co. (HPQ) will report their latest quarterly results next week, giving further insight into how the companies are coping with soft personal-computer sales and changing industry trends. Several retailers are also set to release earnings next week.

Among the economic reports due next week are July new-home and existing-home sales, as well as minutes from the most recent meeting of Federal Reserve's Federal Open Market Committee.

Weaker Results Expected from Dell, H-P
Analysts polled by Thomson Reuters expect Dell and H-P, which report earnings Tuesday and Wednesday respectively, to post another quarter of weaker top- and bottom-line results.

Both companies face a slowdown in PC sales as consumers instead focus their attention on mobile devices.

Dell has been attempting to move beyond its core PC business and boost its results by acquiring higher-margin businesses, including data-storage, security and networking technologies. However, the company issued a cautious outlook in May for the fiscal second quarter and noted some customers were holding back on big purchases.

Rival H-P has been trying to boost its services business with its own offerings in areas such as cloud computing and by signing fewer, more profitable deals. However, the company has said the turnaround could take three to five years and said earlier this month it will write down the value of its technology-services business by about $8 billion. In May, the company unveiled plans to lay off 27,000 of its workers--about 8% of its workforce--as part of a restructuring plan to stem its declining profits and revenues.

Earnings from Retail Segment Continue
Several retailers are scheduled to report earnings next week, including home-improvement retailer Lowe's Cos. (LOW) and electronics retailer Best Buy Co. (BBY).
Lately, business has been strengthening for Lowe's, which in May reported a 14% increase in first-quarter earnings. However, it was unclear how much of the upswing in demand was driven by early spring weather. Like its larger rival Home Depot Inc. (HD), Lowe's depends to some extent on a recovery in the housing sector. Analysts expect the company to post a slight improvement in earnings.

Meanwhile, Best Buy is struggling with competition from online retailers able to offer lower-priced electronics. Earlier this week, the company's founder and biggest shareholder, Richard Schulze, reiterated his takeover interest in the company and requested permission to conduct due diligence and form a group that could present a fully financed offer.

Other retailers reporting next week include Urban Outfitters Inc. (URBN), Barnes & Noble Inc. (BKS), American Eagle Outfitters Inc. (AEO) and Williams-Sonoma Inc. (WSM)
Trina Solar, JinkoSolar Results Due

Solar-product makers Trina Solar Ltd. (TSL, K3KD.SG) and JinkoSolar Holding Co. (JKS) will release their latest quarterly results Tuesday and Thursday, respectively.
Both companies are projected to report weaker bottom-line results as the industry continues to struggle with falling prices and a global oversupply of solar panels and manufacturing capacity. Last month, Trina Solar lowered its second-quarter forecast for shipments and gross margin, citing the global overcapacity and declining prices. The company said U.S. market uncertainty and tariff impacts resulted in stagnant demand in North America.

Housing Data, Fed Minutes Due
Housing demand tops next week's economic data list. Existing-home sales will be reported Wednesday. Economists surveyed by Dow Jones Newswires expect resales to have risen to an annual rate of 4.5 million in July, from 4.37 million in June.

July new-home sales, due Thursday, are projected to increase to 365,000 from a 350,000 rate in June.

Meanwhile, a report on July durable-goods orders will be released Friday. The median forecast expects a 2.8% increase in new orders, but almost all of those new bookings will be in aircraft.

Wednesday, the Fed will release the minutes from its July 31-Aug. 1 policy meeting. The minutes may reveal just how worried policy makers were about the economic outlook and whether central bankers felt increased urgency to add monetary accommodation, even though no action was taken.

Conferences
Among the significant conferences next week are the Gartner Catalyst Conference Monday through Thursday in San Diego; the Morgan Stanley Semiconductor & Semi-Cap Equipment Corporate Access Day Wednesday in Chicago; and the Citi MLP/Midstream Infrastructure Conference Wednesday and Thursday in Las Vegas.

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Stock markets outlook week 20-25 August 2012

Stock markets outlook week 20-25 August 2012 : U.S. stock advances are expected to run into resistance next week, following the longest winning streak since January 2011, as a lack of fresh incentives and opacity in Europe catch up with equities. The tone and the tenor of the Federal Reserve minutes due on Wednesday will also dictate the market's mood as investors look for more clarity on possible additional economic stimulus measures from the central bank.

The stock market has enjoyed a nice run in recent weeks, but moving above the April highs may prove to be a challenge. Bull markets, like bear markets, need constant feeding," said Alan Gayle, a senior investment strategist at Ridgeworth Investments. "The current run appears to have been fed by hopes for further global monetary stimulus and Quantitative Easing 3 and a lack of bad news from the EU--not strengthening economic momentum."

Since July 6, the Dow Jones Industrial Average (DJI) has advanced for six straight weeks for a cumulative 4% rise to 13,275 on Friday, closing in on April's high of 13,316. The S&P 500 (SPX) climbed 4.7% since July 6 to 1,418, near April's peak of 1,422, while the Nasdaq Composite (RIXF) added 5.8% during five weeks of gains since July 13 to close at 3,076, inching toward April's high of 3,128.

After a brief intermission, Europe is likely to return to center stage as European leaders once again look for ways to prevent the Greek economy from succumbing to cardiac arrest.

"More important than the economic data will be the political maneuvering," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman, in a note to clients.

Greek Prime Minister Antonis Samaras plans to meet with President Jean-Claude Juncker of the European Council, German Chancellor Angela Merkel and French President Frano is Hollande in quick succession next week. Samaras will reportedly sound out Merkel on his proposal to stretch the implementation of new austerity measures over four years rather than the two years as previously agreed.

The Greek economy posted a 6.2% year-on-year contraction in the second quarter, making it difficult for the country to improve its balance sheet, according to economists at Rabobank.

Germany and France have taken leading roles in the international effort to resolve Europe's lingering financial problems but the process has been bogged down by politics, particularly in Germany.

On the domestic front, U.S. investors will parse Fed minutes from the July 31-Aug. 1 meeting for hints on where the central bank's bias lies on further easing.

"All eyes will be on any 'cost-benefit analysis' that went on at the August meeting. With that said, expectations for Fed action in September have been pared back recently in light of the July employment and retail sales reports. This, coupled with a decent August employment report, may buy the Fed some more time, lowering the odds of action in September," strategists at RBC Capital Markets said in a report.
Job growth in July exceeded expectations with employment outside the farm sector rising by 163,000 workers, the fastest pace since February.

Sales at U.S. retailers climbed 0.8% in July to a seasonally adjusted $403.9 billion after falling for three months straight.

The Federal Open Market Committee left the federal funds rate target unchanged at zero to 0.25% when it met early August. But the Fed lowered its outlook on the economy, noting that economic activity had decelerated, and promised it "will provide additional accommodation as needed."

Investors will also sift through a raft of housing and manufacturing data for clues on where the economy is headed.

"While the housing data due next week will likely give signs of continued healing from a steep decline, the durable goods orders report will help investors gauge the current health of manufacturing demand," said Gayle.
With the earnings season winding down, corporate news is likely to have less sway on stocks than in previous weeks.

Among notable companies slated to report results next week are Dell Inc. (DELL) and Hewlett-Packard Co. (HGH.XX) Dell, due to announce after the closing bell on Tuesday, is projected to turn in a second-quarter profit of 45 cents a share, on revenue of $14.7 billion, according to FactSet.

Hewlett-Packard, scheduled for Wednesday, is estimated to have earned 98 cents a share on revenue of $30.19 billion in the fiscal third quarter.

A number of retailers are also on tap to release quarterly results, including Lowe's Cos. (LOW), Urban Outfitters Inc. (URBN), Barnes & Noble Inc. (BKS), Best Buy Co. (BBY), American Eagle Outfitters Inc. (AEO), Guess Inc. (GES), Pacific Sunwear of California Inc. (PSUN), Big Lots Inc. (BIG), and Williams-Sonoma Inc. (WSM).

Of the 474 companies that have reported second-quarter earnings so far, 71% have reported better than expected earnings, while only 42% have reported sales above the mean estimate, said John Butters, senior earnings analyst at FactSet.

Source : http://online.wsj.com

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