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Announcements
Sterling Small Cap Letter.
Sterling Investment Services is now publishing our Small Cap Review newsletter that highlights small and micro cap companies that we should be of interest to our readers. Additional information on the Small Cap. Review can be found (here).
Sterling Custom Research
Sterling Investment Services has recently published a small cap. research report on Sun River Energy, Inc. (SNRV.OB). This is a company that we think has some pretty interesting potential. A copy of our report can be found (here).
Sterling Weekly for November 11th, 2008
The overall market as measured by the Dow Jones Industrial Average lost approximately 381 points, or approximately 4% last week to finish at 8,943.81 The big event last week was obviously the election, and the election of Barrack Obama as President of the United States is an event of historic proportions. Despite by support of his opponent, I would like to take this opportunity to wish him the best of luck as President, as I believe the success or failure of his presidency will have far greater ramifications than anyone can ever imagine.
As the earnings season wraps up, my thoughts on the market is that it is busy trying to figure out what is going to happen next on a multitude of fronts. The big ones being the housing sector and the health of our financial companies. My review of the charts since the election indicates a great deal of uncertainty in the market. Hopefully we'll get some clarity from this week's trading.
Sterling
Calendars for the Week of November 10th, 2008
Spectrum Brands 'SPC' announce earnings after the close. Est. $0.15
11/11
TJX companies 'TJX' announces earnings before the open. Est. N/A
11/12
Applied Materials 'AMAT' announces earnings. Time N/A. Est. $0.14
11/12
JA Solar 'JASO' announces earning before the open. Est. $0.28
11/13
Kohls Corp. 'KSS' announces earnings after the close. Est. $0.51
11/13
Nordstrom 'JWN' announces earnings after the close. Est. $0.31
11/13
Wal-Mart 'WMT' announces earnings. Time N/A. Est. $0.76
11/14
JC Penny 'JCP' announces earnings before the open. Est. $0.53
The
full earnings calendar for this
week can be found (here)
Prime
Update:
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Highlights
from Recent editions of the Prime
Stock Newsletter
* The
per share PROFIT is a theoretical
calculation based upon the opening
price the day the recommendation is
published and the intra day high (or
low for short sales) on the exit day.
The exit day is determined based upon
the application of our "Rules
for Trading", the implementation
of "stops" within our stated
policy, and may not reflect the complete
or full movement of the underlying
recommendation.
Dow Jones Industrial
Average (INDU)
Current
Opinion: Closed @ 8,870.54 Last Signal: Called Lower (again) with the close of 8,378.95
on October 24th. Current Expectations: No clear direction as of yet.
The
S&P 500
Current
Opinion: Closed
@ 9191.21 Last Signal: Called Lower (again) with the close of 876.77
on October 24th. Current Expectations: No clear direction as of yet.
The
NASDAQ 100 (NDX)
Current
Opinion: Closed @ 1,251.00 Last Signal: Called Lower (again) with the close of 1,202.27
on October 22nd. Current Expectations: The NDX should continue to move lower and test 1,169.78 on a closing basis.
CBOE
Ten Year Treasury Index (TNX)
Current
Opinion: Closed
@ 3.760% Current Expectations: With the current market turmoil it is anyone's guess where interest rates are going. However, my guess is that short term debt instruments will be more sought after than longer term ones.
Disclaimer:
The Sterling Investments series of newsletters is produced by Sterling
Investment Services, Inc. All information
used in the production has been obtained
from sources believed to be reliable and
accurate. Sterling Investment Services
does not warrant or assume any liability
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please visit our web page at: www.sterlinginvestments.com
If you would like to contact us our fax
# is (404)-816-8830 Email address is:
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Investment Services may hold positions
in the securities recommended or may be
providing consulting services to the companies
mentioned within this report.
