Tuesday, February 3, 2009

The Kirk Report

The Kirk Report

Trash For Cash

Posted: 03 Feb 2009 04:27 PM CST

*More links have been posted at the members' only website.

Profits & Profit Margins

Posted: 03 Feb 2009 12:00 PM CST

profitcents
In a recent basic training tutorial, Harry Domash reviewed profitcents - a free service that provides analysis on just about any company's financial condition.

The website essentially provides a 5 star grading system (1 star is the worst - 5 star is the best) in five categories: liquidity, profits and profit margin, borrowing, assets, and value. In Harry's checks, the profits and profitability grade has been proving to be a good tool as those with higher scores in this category recently outperformed others. While admittedly his testing was unscientific and limited in scope, it was enough for him to recommend the service.

Well, you know me - there's not a tool I won't use (especially if it is free) to see how my own watchlist ranks according to this type of ranking system. So, earlier this morning I ran all of the stocks currently found within my stock screen machine to see how they ranked according to "Profits and Profit Margin" grade. Like Harry, I performed comparisons using "one quarter against the same quarter from the prior year." Here's what I discovered.....[READ]

Mixed Earnings Ahead Of Jobs Data

Posted: 03 Feb 2009 08:30 AM CST

Good morning. Premarket futures are currently in positive territory but have been hovering around unchanged in the morning session.

As Obama's stimulus plan faces changes in the Senate, another batch of mixed earnings reports and data that retail chain store sales rose +1.6% from a week ago and dropped 2.5% year-on-year are in focus.

Premarket gainers: ITMN, OSIP, RCII, DRYS, COCO, NETL, ADP, MRK, AFL, ARMH, VOD, ATHR, CCK, ADM, C, ELN, CME, WFMI, GOLD, ROK, FTI, DSX, CCK, EXM, TBSI, PTRY, SUNH, & ZQK.

Premarket losers: SNDK, MOT, MNTX, TRID, HOLX, CE, AIB, MGM, SGMS, JDSU, FNF, IRE, PRGO, ACXM, OHI, OSK, ADVS, DOW, BP, TS, MT, CSIQ, QGEN, ROL, & WCG.

At 10:AM we have the release of Pending Home Sales and throughout the day some data on motor vehicle sales will be reported. Of course, the rest of the week will be primarily focused on the employment picture culminating with Friday's jobs report.

Again, more weakness versus strength would be helpful as we get closer to Friday's jobs data. We'll see if they'll let it happen or whether we'll remain confined to the bottom of this multi-week trading range. Go make it a great day!

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