After this extraordinary week, below is the summation, the main positive being the strong rally the markets had, the main negative that, at least as of 4:30 p.m. Friday when this was published "WTF, this still isn't over yet?" Alas, a mere 19 hours later it was over and we should see relief sweeping the markets Monday since the biggest fear was that it wouldn't be over. The big bonus this Sunday night is a final heads-up on the free AAII Zoom webinar "Working With William O'Neil" that takes place this Tuesday night 11-10-20 from 7-9 pm. You must be registered to view it. I will try to do a Screen Record from my video editing software and, if it's not made available by the AAII on YouTube (which it probably will be), I will put it up on YouTube myself if I can get a good recording. Stay tuned.
Succinct Summation of Week’s
Events 11.6.20
November
6, 2020 4:30pm by Barry Ritholtz
Succinct Summations for the week ending
November 6th, 2020
Positives:
1.
Markets rally strongly for the week on [insert favorite narrative here]
2. Non-farm payrolls rose 638k m/o/m, above expectations.
3. Unemployment rate fell to 6.9%, below the previous 7.9%.
4. Jobless claims fell 7k w/o/w from 758k to 751k.
5. PMI Manufacturing Index came in at 53.4 for October, above the previous
53.1.
6. International trade deficit came in at $-63.9B for September, above previous
$-67.0B.
7. Factory orders rose 1.1% m/o/m, above the expected increase of 0.9%.
Negatives:
1. WTF,
this STIILL isn’t over yet? Really!?
2. Home mortgage apps fell 0.1% w/o/w, below the previous increase of 0.2%.
3. ADP employment report has private payrolls at 365k for October, below
expectations
4. Construction spending rose 0.3% m/o/m, below expectations.
5. ISM Services index came in at 56.6 for October, below expectations.
6. Non-farm productivity rose 4.9% in Q3, below expectations.
-----Original Message-----
From: Cookie Corej <callcookie2@yahoo.com>
Sent: Sat, Nov 7, 2020 3:58 pm
Subject: TUESDAY 11 10 2020 7-9 P.M. ZOOM WEBINAR: AAII Eastern Michigan FREE November Program—Working With William O’Neil
IF YOU REGISTERED FOR THE SEMINAR THIS IS A REMINDER.
IF YOU PROCRASTINATED IT IS NOT TOO LATE TO REGISTER.
GO TO REGISTER IN ADVANCE FOR THE SEMINAR. IT IS 1/2 WAY DOWN THE FLYER.
THEN REGISTER. YOU WILL BE SENT THE. LINK FOR TUESDAYS SEMINAR.
DO NOT LOSE THE LINK AS I CANNOT SEND IT TO YOU TUESDAY NIGHT. SEE YOU AT THE SEMINAR.
COOKIE COREJ
| AAII EASTERN MICHIGAN CHAPTER WEBINAR
Tuesday, November 10, 2020 |
| CHAPTER PROGRAM INFORMATIONDue to COVID-19 (coronavirus), this chapter program will be held by webinar. To protect the security of our webinars, we ask that you pre-register for this webinar. See the Meeting Details below for webinar registration details. Register early: Attendance may be limited in the webinar. As a member of AAII, you are invited to the Eastern Michigan Chapter’s upcoming webinar. Please share this email with your family and friends and let them know they are welcome to attend also.
AAII Local Chapters are providing webinars with the same quality speakers and presentations as the live programs. You are invited to register for any webinar provided by any chapter. These unique webinars allow YOU to gain valuable investment ideas, hear from experts, get your questions answered and they act as a way to test-drive one of the many investor benefits AAII offers. Gaining investment knowledge and ideas is what AAII is all about. If you like the idea of learning more about investing, please read on. The AAII Eastern Michigan Chapter will present:“WORKING WITH WILLIAM O’NEIL”Discussed by:
Amy Smith
Market Commentator and Educator, Investor’s Business Daily Amy Smith will cover an array of topics based on the things she learned while working under William O’Neil, found of Investor’s Business Daily (IBD). These will include what to look for before a new uptrend begins and which stocks will likely lead the uptrend higher. She will discuss the many traits winning stocks have in common, as well as how to use trading volume (supply and demand) in your investing decisions. Smith will also review some of the coronavirus rally winners, as well as explain how we can find our personal investing style, then refine it, using some of IBD’s tools. All of this with plenty of time for Q&A at the end. YOU WILL LEARN- How to spot a possible new uptrend before it begins
- Which stocks have the greatest potential in a new uptrend
- How to do better research on stocks you are interested in
BIOAmy Smith is a national speaker and education expert for Investor’s Business Daily (IBD). Smith is the author of “How to Make Money in Stocks Success Stories” and has discussed growth stocks and the stock market on CNN, MarketWatch, Yahoo Finance and a host of other media outlets. MEETING DETAILSDate: | Tuesday, November 10, 2020 |
| Time: | | Location: | | This is a FREE webinar meeting for you to enjoy in the comfort and safety of your own home. It can be viewed on your computer, smartphone or tablet. Questions by attendees will be answered live during the presentation once they are typed into the sidebar area of the screen. |
| Payment: | WEBINAR REGISTRATION (free preregistration is required) When: Nov 10, 2020 07:00 PM Eastern Time (US and Canada) Register in advance for this meeting:SIGN UP HERE After registering, you will receive a confirmation email containing information about joining the meeting. Maximum registration is 300 attendees. If registration exceeds the maximum, attendees can join the webinar using the dial-in or access the webinar recording afterward. |
|
SUBGROUP DETAILSALL LIVE SIG MEETINGS ARE TEMPORARILY POSTPONED BECAUSE OF THE CORONAVIRUS PANDEMIC. ALL LIVE SIG MEETINGS ARE TEMPORARILY CANCELED DUE TO THE CORONAVIRUS.
Computerized Investing
Lee Kremzier, yanksny15@gmail.com
This SIG meets six times this year always at 10:30 a.m. at the Farmington Community Library, 32737 12 Mile Road, Farmington Hills, Michigan 48334 (1/2 mile west of Orchard Lake Road). The group discusses fundamental and technical methods of investing in stocks, bonds and exchange-traded funds (ETFs).
If you have questions regarding your AAII membership, please contact AAII Member Services: members@aaii.com. | |
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