1 / 20

Agenda for this Evening

kiefer
Download Presentation

Agenda for this Evening

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS.  Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Investing in any financial instruments does not guarantee that an investor will make money, avoid losing capital, or indicate that the investment is risk-free. There are no absolute guarantees in investing. HAWKTRADE and its members do not bear any responsibility for losses or gains made by members trading on their personal accounts based on analysis from HAWKTRADE meetings.

  2. Agenda for this Evening • Earnings Results Analysis • Foreclosure Mess • Financials bringing down the market? • Where is the market going? • Next week earnings

  3. One Week Performance: Dow

  4. One Week Performance: S&P 500

  5. Last Week’s Earning Calandar

  6. Last Week’s Earning Results

  7. http://www.bloomberg.com/video/63696672/ Oct. 14 2010 Bove’s Analysis on JPM

  8. Video Summary • Bove says JPM’s earnings were bad • Trading was weak for brokerage division in Q3 • JPM used every trick a bank can use to try and beat earnings estimates, so in the end the earnings weren’t that good.

  9. Video Summary • Thinks the Q4 will be bad too. • On the positive, book values are going up • Credit losses going down • Significant increase in earnings in the next 1-3 years.

  10. Airtime: Fri. Oct. 15 2010 | 2:16 PM ET Foreclosure Mess

  11. Foreclosure Mess Major Banks have halted all foreclosure proceedings “Robo Signers” or “Burger King Kids” Hired by banks to speed up the process for foreclosing homes to get them off their books quicker.

  12. Foreclosure Mess • Hired walk-ins that were hair stylists, teens, Wal-Mart and fast food workers that knew nothing about mortgages. • Causing uncertainty in the financial sector. • Could slow down the housing recovery.

  13. Phrases of the Week: Death Cross & Golden Cross • Death Cross- A crossover resulting from a security's long-term moving average breaking below its short-term moving average or support level; (aka the death star). • Golden Cross- A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. • Brokerage Accounts show moving averages Investopedia.com

  14. Airtime: Thurs. Oct. 14 2010 | 11:31 AM ET Will the banks bring down the market?

  15. BanksvsThe Market

  16. Bank Earnings Calendar

  17. Airtime: Fri. Oct. 15 2010 | 4:14 PM ET Where’s the market going?

  18. How to play the market if it corrects? • Sell and take profits and wait to get back in. • Play 3x leverage Bear ETFs: TZA, EDZ, TYP, FAZ. • Go to Direxion.com for more ideas!

  19. Ticker Symbols for earnings reports

  20. Ticker Symbols for earnings reports

More Related