Wednesday, November 02, 2011

Morning Journal Satyajit Das on the European 'plan'

News on Stocks in Our Portfolios

More earnings reports:

Reported Expected

EOG $.83 $.76
CF 4.73 4.79
EXPD .00 .48
EMR .98 .96
MRO .59 .85
CME 4.74 4.64


This Week’s Data

The International Council of Shopping Centers reported weekly sales of major retailers up 0.7% versus the prior week and up 3.0% versus the comparable period last year: Redbook Research reported month to date retail chain store sales down 0.6% versus the similar time frame a month ago but up 5.2% on a year over year basis,

The October Institute for Supply Management’s manufacturing index came in at 50.8 versus expectations of 52.0 and 51.6 recorded in September.

September construction spending rose 0.2% versus estimates of a 0.4% increase.

September auto sales rose 7%.

Weekly mortgage applications rose 0.2% while purchase applications were upp 1.8%.

Private employment rose 110,000 in October, slightly better than expected.


Great news on oil imports (short):



Another green ‘investment goes toes up:

Thoughts on our ‘crumbling’ infrastructure (medium):


Satyajit Das on the Euro ‘plan’ (medium):