"TAP não sobrevive se se mantiver pública", garante Pinto Luz

[acintra]

A proposito desta semana:
Londres está fechado?

Sim, só hoje.

Que feriado é? Pode ser qie se asfe ás quedas quen se prespectivam para hoje.
Obrigado pela pronta resposta.

[AC Investor Blog]

A proposito desta semana:
Londres está fechado?

Sim, só hoje.

[acintra]

A proposito desta semana:
Londres está fechado?

[AC Investor Blog]

Este artigo é bem Melhor : S&P 500 May Surge 40% in Duplication of Japan: Chart of the Day

" Aug. 28 (Bloomberg) -- U.S. stocks are behaving like Japanese equities in the 1990s, meaning the Standard & Poor’s 500 Index may return 40 percent in the next year, according to Bank of America Corp.

The CHART OF THE DAY shows the Nikkei 225 Stock Average since 1980 and the S&P 500 during the past two decades, when adjusted for currencies. The Nikkei doubled between October 1998 and April 2000 in dollar terms, as the chart illustrates. The S&P 500 has risen 34 percent since March when the Dollar Index, a measure of the dollar against currencies in six major U.S. trading partners, is factored in.

A “melt-up” rally in the U.S. may be triggered by central bankers keeping interest rates near record lows, an economic recovery or an undervalued dollar, Bank of America strategists wrote in an Aug. 26 report.

“Even in economies overcoming credit booms, rallies can be powerful and last much longer than you think,” Bank of America’s Sadiq Currimbhoy, Arik Reiss and Jacky Tang wrote. Should the similarity between the U.S. and Japan persist, the S&P 500 will keep rising, partly because of gains in the dollar, the Hong Kong-based strategists said.

“If there is one persistent similarity between Japan and the U.S., it is they both seem to be fighting a debt problem by producing more debt,” they added. “So, for equity investors, if these relationships were to repeat themselves, the risk for the U.S. market is that like Japan, the stock market ends up with big rallies and then sell-offs.”

When adjusted for currencies, the Nikkei 225 peaked in December 1989, while the S&P 500 reached its high in September 2000. Following its jump through 2000, the Nikkei retreated three years. On the vertical axis of the Chart of the Day, 100 corresponds to the Japanese index’s record high. "

[acintra]

08/29/09 - 08:32 AM EDT


NEW YORK (TheStreet) -- Next week, investors will determine whether the bull market is ready to take a breather.
AIG: Friday's Headlines Market Activity Bank ofnames like American International Group(AIG Quote), Fannie Mae(FNM Quote), Freddie Mac(FRE Quote), CIT(CIT Quote), Citigroup(C Quote) and E*Trade (ETRC Quote).
But on Friday, the rally lost some momentum, with the Dow Jones Industrial Average closing down 36.43 points to 9544.20, or 0.38%, while the S&P 500 closed at 1028.93, down 2.05 points, or 0.20%. The Nasdaq Composite managed a 1.04 point gain to close at 2028.77, up 0.05%.
"Now the market is contending with a new and somewhat odd undercurrent that has investors questioning if the current earnings and economic environment justify the current trading levels," says Robert Pavlik, chief market strategist at Banyan Partners. "This concern has less to do with actual valuations but instead has more to do with the fact that the market simply hasn't seen any real selling effort in the past seven weeks."
Pavlik says the market was relieved by "a sense that the worst is past us" after better-than-expected corporate earnings and signs that economic conditions have improved or stopped getting worse. Banks that received government handouts like Bank of America(BAC Quote) and JPMorgan Chase(JPM Quote) posted big first- and second-quarter profits, and tech firms like Intel(INTC Quote) and Dell(DELL Quote) issued bright outlooks for upcoming quarters. Even an executive at General Motors said Friday that the automaker expects to sell 2 million more cars next year.
There is hope on the horizon.
Still, it's worth noting that programs developed by the Federal Reserve, Treasury Department and Federal Deposit Insurance Corp. have supported most of those improvements. The Emergency Economic Stimulus Act by Congress passed by Congress has injected further life into the economy, including the Cash For Clunkers program that helped stimulate vehicle demand.

Corporations' bottom lines also have been lifted by cost cutting and layoffs, which hold back the struggling economy's growth. The Labor Department will release the jobs report on Friday, perhaps the most closely watched economic indicator at the moment. The market expects employers to have cut another 225,000 payrolls in August, sending the unemployment rate slightly higher to 9.5% from 9.4% in July.
More on AIG Report: AIG Plane Boss May Bid for BusinessWatching Fannie and Freddie, Part 3Cramer's Take on Headline Stocks: Aug. 28Today's Lists at Stockpickr: Aug. 28Top Takes From RealMoneyWhen Traders Come Back...AIG: What's Driving Up the Stock?AIG, Citi: Financial Winners and LosersHave Derivatives Met Their Match?: Today's OutrageDell, AIG: Friday's Headlines Market Activity Bank of America Corporation| BAC UPCitigroup Incorporated| C UP"The big thing's obviously going to be the employment report on Friday," says Tim Freeman, head of U.S. equity derivative sales at Capstone Sales Advisors, adding that investors are scrutinizing data beyond the headline figure, like average hourly earnings and average weekly hours. "With every piece of information that comes out, we really need to discern what's going on with the consumer. Is the consumer getting into a better place, or is it more of the same?" Other data to be released next week include indicators on manufacturing activity, with the purchasing managers index on Monday and the ISM report the following day. Tuesday will also hold the monthly report on auto sales, followed by minutes from the Fed meeting on Wednesday, the weekly initial claims report on Thursday and the broader employment report on Friday.
Freeman says that pricing for S&P options indicates a 2.25% move higher next week, indicating that the market will be "very range bound" in the short term. With Labor Day not yet past, there's likely to be a continuation of light volume next week as well, until more of Wall Street returns from the holiday.

Ralph Nacey, managing principal for WestSpring Advisors, is hoping to see more meaningful trends emerge from economic data, which have been sporadic and conflicting for several months.
More on AIG Report: AIG Plane Boss May Bid for BusinessWatching Fannie and Freddie, Part 3Cramer's Take on Headline Stocks: Aug. 28Today's Lists at Stockpickr: Aug. 28Top Takes From RealMoneyWhen Traders Come Back...AIG: What's Driving Up the Stock?AIG, Citi: Financial Winners and LosersHave Derivatives Met Their Match?: Today's OutrageDell, AIG: Friday's Headlines Market Activity Bank of America Corporation| BAC UPCitigroup Incorporated| C UPNew- and existing-home sales have risen, but so have delinquencies and foreclosures. Banks report better results, but the FDIC's list of those in trouble or failing continues to grow. Companies are predicting better sales ahead, but consumer confidence dropped once again in August and retailers have been hit hard by their penny pinching. Because it's difficult to interpret a meaningful change in fundamentals just yet, Nacey says the market's based on technical analyses of pricing and volume -- a self-feeding loop of activity with unknown breaking points.
"A lot of it is based on specific trading strategies out there, being technically driven, momentum driven," says Nacey. "So if there's not enough bad news out there to take down the market, the technical trading takes over."
Pavlik's research indicates that the S&P may drop as low as 950 in the near term and rise as high as 1,099. He suggests long-term investors use upswings to sell defensive stocks like health care, consumer staples and telecom names, and use dips to buy early cyclical stocks like financials, consumer discretionary, technology, materials and industrials.