THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS.  Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Investing in any financial instruments does not guarantee that an investor will make money, avoid losing capital, or indicate that the investment is risk-free. There are no absolute guarantees in investing. HAWKTRADE and its members do not bear any responsibility for losses or gains made by members trading on their personal accounts based on analysis from HAWKTRADE meetings.

Agenda for this Evening

Investment Competition

Market Performance

European Situation

Earnings outlook

Where is the market going?

Tshirts

Investment Competition Problem

Due to a website malfunction, Investopedia failed to dilute shares of FAS after the company completed a reverse 1:5 stock split.

The result was gains that didn’t actually happen Closed at $13.05 Opened at $64.00 Next day

1000 shares at $13.05 now equals 200 shares at $64.00

The following users have been affected, and must adhere to the following account maximums.

Sean416- $52,000 Dzigman-$64,000 Jeffreynielsen-$50,000 Ewelt6-$46,000

One Week Performance: S&P

Market Headlines Mon-Fri

Volatility up, Europe Bipolar once again

China Concerns

Oil, Gold up

New European Leadership

Italy borrowing costs up, threatened to fall

Italy new strategies to reduce debt, markets back to positive on yr.

What Moved the Markets?

China PMI Drags on Materials

Tue 01 Nov 11 | 12:11 PM ET

What are they doing???

Italian Fears Weigh on Markets

Wed 09 Nov 11 | 12:00 PM ET

Italian Prime Minister Resigns

European Changes

Greece, Italy, and the ECB all ousted their leadership and appointed sound, competent leaders.

Italy’s borrowing costs went up but senate passed debt reduction strategies to combat rising costs.

Bottom Line

We’re not out of danger yet, but with new leadership the market can most likely count out the worst case scenario of no debt deal getting done and Europe completely falling apart. However, we are still hostage to what happens in Europe but not to the idiots running Italy, Greece, and the ECB.

Investors should start caring more about U.S. stocks and earnings than European fears. With the stock market back to positive for the year, hedge fund managers will likely transition to buy mode at least through the end of the year.

Earnings Outlook

What these companies say about their future outlook will give us a good idea of what to expect through the end of the year and what sectors to look to.

Mon. Tues. Wed. Thur. Fri.

Market Technicals

Technical Market Analysis

Bloomberg video

http://www.bloomberg.com/video/80022342/

Historical Year End Trends

Yahoo finance histor. Video

http://finance.yahoo.com/blogs/breakout/time-buy-let-history-guide-133607363.html

Bulls vs. Bears

Is the market poised for a year end rally?

http://www.cnbc.com/id/45256345/

Where’s the market going?

Airtime: Fri. Oct. 15 2010 | 4:14 PM ET

Video Summary

Brown says Negative headlines out of Europe have now shifted from risk-off, to buying opportunities.

Earning season and technical levels justify a rally.

Market could rally to end of year and then fall off next year if Europe heads into recession/depression

Brian Kelly thinks Europe is stable short term but will eventually collapse.

Bottom Line Over Break

Will key earnings reports give a positive outlook on economy/sector performance for holiday season?

Will new European leadership keep Europe moving in right direction?

Do the technical support levels hold?

If yes to the above three, then Nov-Jan could spark big year end rally at least for the short term.