FOX Translator
No data currently available.
No data currently available.
On the one hand, you'll likely never find anything so aptly named in finance. It is indeed a beige book. But its real title is the Summary of Commentary on Current Economic Conditions by Federal Reserve District. About two weeks before the Federal Open Market Committee meets to decide on interest rates, Fed governors get a compilation of how individual Federal Reserve banks view their economic health. (Actually, a different Fed bank is responsible each time to put it together, so they pass the workload around like roommates deciding who'll do the dishes.)
Obviously, it's important stuff. Since it's rather timely, many stock traders and economists use it to gauge whether the Fed has the same view of economic conditions as the market seems to.
But it's not scientific -- even the Fed admits that it's "anecdotal." And the Beige Book is the result of dozens of interviews with economists, bank branch managers, market experts and business leaders. As a result, a survey of pessimists in a district can paint a decidedly glass-half-empty picture. What's more, the Beige Book surveys all 12 Fed districts, and economic conditions in Cleveland can be much different than, say, Richmond, Va.
As a result, the Beige Book is rarely a market-mover, unless it contradicts a bunch of other data. So, check out the summary, but you can find better reports to read before nodding off.
Home / Markets / Industries / Energy
Tuesday, July 22, 2008
BenchmarkJournal.com Sector Analysis for DAL, TSM, AMD and EGY
Comtex
LONDON, Jul 22, 2008 (MARKET WIRE via COMTEX) ----Benchmark Journal brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities. Once you register as a free member to www.benchmarkjournal.com, you will be granted full access to our site, including sector analysis and company analysis. Our company profiles will be at your fingertips, presented in a clearly laid out format that allows you to easily comprehend the dynamics of our featured companies.
Today we began tracking Delta Air Lines Inc. (NYSE: DAL), Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Advanced Micro Devices Inc. (NYSE: AMD) and VAALCO Energy Inc. (NYSE: EGY).
To view our research, sign up to www.benchmarkjournal.com now. Timing and knowledge are essential components of every successful investment, and thus we only release analysis when the timing is ideal for action. To reap the full benefits of our services sign up now, and get informed when it matters.
Our services and coverage include:
-- Sector analysis -- Independent company research -- Fundamental and Technical for Individual Stocks -- Free portfolio review -- Small-Cap Life-Cycle Trading Programs -- OTCBB and Pinksheet Analysis -- Featured Company reviews
Companies looking to receive additional exposure of their equities please email us at info@benchmarkjournals.com so that we can gather more information about your needs.
If you are tired of being the last to hear about exciting opportunities and want to know what the others seem to know before you, sign up now to www.benchmarkjournal.com. We will help you not only to identify strong trading opportunities, but also be able to capitalize on them when the markets are ripe for the picking.
Take the time to fill in the registration form at www.benchmarkjournal.com and become one step closer to trading in the markets with clarity and direction.
BenchmarkJournal.com has not been compensated by any of the above mentioned companies.
SOURCE: BMJ Financial
Copyright 2008 Market Wire, All rights reserved. ********************************************************************** As of Friday, 07-18-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 06-25-2008 for AMD @ $6.46. As of Friday, 07-18-2008 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 07-17-2008 for DAL @ $6.26. As of Friday, 07-18-2008 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated a DOWNTREND on 07-08-2008 for EGY @ $7.13. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
