| | | | | Hello grace2, | | | | | | This week sees ‘Black Friday’ in the USA. The day after Thanksgiving is traditionally the biggest shopping day of the year. Will the 70% discounts entice shoppers to spend their hard earned cash? How will the economic slump affect what usually is the most profitable time of the year for retailers? The National Retail Federation forecasts holiday sales to rise just 2.2% which would be the weakest sales gain in six years. We’ll have to watch and see. | | |
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The S&P 500 last week
| S&P 500
Last
Week | Best
Sector | Poorest
Sector
| | +12.03%
| +29.03%
| +7.71%
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| - Some good news!! This was the S&P 500’s best week since 1974, with a weekly rise of 12.03%
- All sectors gained this week with some doing better than others
- The best sector was the Basics sector closing + 29.03%
- The poorest sector this week was the Utilities sector up +7.71% closely followed by the Healthcare sector +7.78%
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| | Events
Trade Floor Highlights | We have doubled all our Guaranteed Tournaments and our FreeRoll tournaments! This gives you twice the amount of chances to win. Visit the tournament lobby for details.
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| | Tournament Name | Invest | Guaranteed Prize | Starting Time (EST) | `Last Call` (Hourly)
| $1
| $50
| Every day at 15:00PM
| `Stock & Roll` (Mid day)
| $10
| $300
| Every day at 12:00PM
| `Stock & Roll` (Daily)
| $10
| $500
| Every day at 9:30PM
| `Weekly Marathon` (1 Week)
| $20
| $1,000
| Every Monday & Thursday at 9:30AM
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| | Here is a little tip from us at UMOO: You can build up to 3 portfolios, tripling your chances to win the cash prizes using a multiple portfolio strategy. |
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| | Watch List
Stocks to watch out for this week | Be sure to check companies that are about to release reports. Their stocks will be more volatile meaning you can make more profits…
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| | Date | Company | Events
| Symbol
| EPS
Estimate | EPS
Prev. Year
| 2nd Dec 2008
| Sears Holdings Corp
| Q3 2008 Sears Holdings Corp Earnings Release
| SHLD
| -$0.49
| $0.01
| 2nd Dec 2008
| Staples, Inc
| Q3 2008 Staples, Inc. Earnings Release
| SPLS
| $0.41
| $0.42
| 4th Dec 2008
| Novell, Inc
| Q4 2008 Novell, Inc. Earnings Release
| NOVL
| $0.06
| $0.06
| 5th Dec 2008
| Big Lots, Inc
| Q3 2008 Big Lots, Inc. Earnings Release
| BIG
| $0.16
| $0.14
| 5th Dec 2008
| Brown-Forman Corporation
| Q2 2009 Brown-Forman Corporation Earnings Release
| BFB
| $0.93
| $1.04
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| | Stock Tips
| ! Stocks under $5
This week we bring you tips about stocks that are trading under $5. You may wish to look at what the company is preparing to release, which sector it trades in and how Black Friday could affect its trading.
ETFC
$1.35 | GNW
$1.45 | ODP
$1.97 | AIG
$2.01 | NCC
$2.01 | DYN
$2.23 | F
$2.69 | MTG
$2.72 | JAVA
$3.17 | Q
$3.2 | CIT
$3.34 | MOT
$4.31 | NOVL
$4.55 | DDR
$4.8 |
| UMOO Tips
| ! How and Why you should watch stock on UMOO’s Stock Picker
Our Stock Picker tool shows you which stock is popular at UMOO, so if a stock is popular this means other players are buying/shorting it for their portfolios. Do they know something you don’t?
Daily Gainers – you might decide to follow and hope to gain with these companies or maybe you think it would be time to short them? After a big gain do stocks go down or do they continue going up? Watch the gainers and see what trends you can decipher.
Daily Losers - have you done your research? Do any of the losers have a new product to be released, a quarterly report about to be published? Although these might not have been showing good returns the previous day today they could earn your portfolio a lot of money. | | | Calendar
Economic Events for this week | The direction of the whole market or sectors could be determined by these reports & events.
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| | Date | Event | EPS Time (ET) | 1st Dec 2008
| US-ISM Manufacturing(Nov. 2008)-ISM PURCHASING MANAGERS INDEX (MFG SURVEY)
| 10.00am
| 1st Dec 2008
| US-Construction Spending(Oct. 2008)-CONSTRUCTION EXPENDITURES - TOTAL (AR)
| 1.45pm
| 2nd Dec 2008
| US-Redbook Retail Sales Index(w/o Nov. 29, 2008)
| 8.55am
| 2nd Dec 2008
| US-New Motor Vehicle Sales(Nov. 2008)-Domestic Car Sales
| 4.00pm
| 3rd Dec 2008
| US-Productivity & Costs (Revised)(Q3 2008)-Unit Labor Costs
| 8.30am
| 4th Dec 2008
| US-Factory Orders(Oct. 2008)-Factory Orders
| 10.00am
| 5th Dec 2008
| US-Employment Situation(Nov. 2008)-Nonfarm Payroll Employment
| 8.30am
| 5th Dec 2008
| US-Employment Situation(Nov. 2008)-Unemployment Rate
| 8.30am
| 5th Dec 2008
| US-Consumer Credit(Oct. 2008)-CONSUMER CREDIT OUTSTANDING
| 3.00pm
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| Quote of the week
| | " I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. " W. buffet |
Got a favorite business quote? Have a tip you would like to pass to others? Then contact support@umoo.com We would
love to publish your stories, comments and suggestions. |
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See you on the trading floor,
Are U ready to UMOO?
Best regards, the UMOO team. | |
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