excerpts from this week's report*:
Technical Analysis
"Last week’s market performance pushed the Moving Averages Scorecard to its worst level thus far, at 16.67% bullish. A potential key reversal might be forming in the Financials but there is still considerable work to be done before such a call can be made with any confidence."
Valuation Models
"Next week, I will begin providing a scenario range for each of the economic scenarios listed below (see report*). This will follow along the lines of the top-down earnings scenario published in prior reports. This should help quantify the probable economic outcomes from an economic scenario perspective."
*To learn about "Sectors and Styles Strategy Report" newsletter and other subscriber benefits, click here.
Posted
09-08-2008 1:41 PM
by
Vinny Catalano, CFA