The Kirk Report |
Posted: 28 Nov 2008 02:05 PM CST The bears clearly went on Thanksgving vacation. After all, they have a lot to be thankful for in 2008! For the week, the S&P 500 rallied back +12.03%, Dow +9.73%, Nasdaq +10.92%, and the Russell 2000 +16.38%. Looking through the weekly performance among the ETFs, the biggest winners this week were financials (UYG), real estate (URE), home construction (ITB), telecom (LTL), and basic materials (UYM), and metals & mining (XME). As you might expect, all of the ultra short ETFs were hit hard lead by a 44% decline in the SKF. As always, I hope this finds you happy, healthy, and wealthy. Now it is time to feast on some of those turkey leftovers! |
Posted: 28 Nov 2008 12:11 PM CST Since everyone's focus today is on spending money, I thought it would be a perfect time to talk about my new computer workstation which will arrive via FedEx by the end of the day. In this post, I'll provide details to the new workstation & monitor array along with detailed explanations for all of my choices. I hope you find it helpful and of interest......[READ] |
Posted: 28 Nov 2008 08:53 AM CST
This posting includes an audio/video/photo media file: Download Now |
Posted: 28 Nov 2008 07:36 AM CST Good morning. After the largest four-day recovery since the Great Depression, stock futures are indicating a soft start to the final trading day of November. There's not a lot of market moving news this morning other than terrorism in Mumbai and, of course, focus on retail sales this Black Friday. Premarket gainers: FNM, FRE, TCK, AZ, ACGY, TMA, GOLD, AIG, AEG, F, GM, GME, YHOO, & ANR. Premarket losers: CPE, PC, IFX, CHK, FRO, SANM, MT, AAUK, TOT, PHG, SFI, STM, PBR, LFC, DAI, RIO, UBS, SI, EBAY, LLY, & HTX. No economic data releases are scheduled today and very thin trading volume is expected. If history repeats, however, we will likely see a handful of low quality stocks enjoy large scale moves just to keep those who are at work today interested. Remember, the market closes at 1:PM. Go make it a great day! |
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