Issue 317

Posted: August 1st, 2010 | Author: WMS

Market Strategies

Covering Investing Success Strategies For
Stocks – Bonds – Interest Rates – Natural Resources – Currencies – Venture Capital – Gold

A Publication of Princeton Research, Inc. (www.PrincetonResearch.com)
Contributing Staff: Michael King and Dr. Jan Vandersande

August 2, 2010; Market Strategies Guide To Successful Trading

We give great entries
Trading Options are a timely event , Since we can only report weekly, Your Own Money Management
on Options Trading may be more timely to Take your Profits/Losses

FUNDAMENTAL NEWS

It was a slow week with counterbalancing fundamentals. The dollar was very weak which buoyed equities. On the other hand, economic news was poor which kept a rally from occurring.

The earnings quarterly calendar for the S&P 500 is almost complete with 2/3rds having reports. Operating earnings are on track to grow 36% while revenues are on pace to improve 9% according to “Briefing.Com”.

Stocks barely moved. The best performing sector, Telecommunications was up 1.57% and the worst, Technology was down 1.62%. In between there was not much movement: Financials were second best performer up 0.94% followed by Health care, up 0.33%. Rounding out the winners, Oil and Gas was up just 0.14% and Industrials 0.10%. Basic Materials lost 0.08%and Consumer Services 0.43%; Consumer Goods fell a little more, off 0.57% and Utilities were weak falling 0.72%.

The treasury markets were strong as another $ 100 billion of offerings were easily digested in 2,5, and 7 year maturities. The 2-yr Note fell to another record low, 0.546%. The 10-Yr Note fell 9 basis points to 2.90%.

The S&P 500 was little changed at the week’s end having risen above the 200-day moving average, but unable to hold and closing the week slightly below.

CONTACT

Please Direct All Inquires To:

Mike King
Princeton Research
3887 Pacific Street, Las Vegas, Nevada 89121

Phone: (702) 650-3000
Fax: (702) 697-8944
mike@princetonresearch.com
www.PrincetonResearch.com