What news and data are you looking for next week?

Discussion in 'General Trading Discussion' started by WaveWage, Sep 27, 2015.

  1. WaveWage

    WaveWage Well-Known Member

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    Markets is often about watching news of markets and of business and country health in general so you can make more relevant choices of investment for your stocks and investments in general. But for the upcoming week, I have hard time to find the news I would look for the next week. If the past week it was pretty obvious with the Janet Yellen speech and then with the Volskwagen scandal, the Chinese visit in Washington, I think for the next week Federal Reserve doesn't have a reason to speak, Volkswagen investigations that are launched will probably take some time before it can yield results so I guess it will be put in parenthesis and we'll look at it later.
    What news will you look for in the future?
     
  2. Nox

    Nox Guest

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    I feel like we are just moving from one panic situation to another. I generally find that I discover information about international news after the fact or as a result of domestic issues. So for example I often look to international news when I see erratic behaviour in the local currency. Most important events on my calendar at the moment are the release of the domestic GDP figures and the next couple of policy committee meetings to see whether there will be further upward pressure on domestic interest rates.

    Other secondary stats I'm currently watching out for are the local unemployment, manufacturing and retail stats. Even though it's a bit of a non-factor this year inflation (consumer price and producer price) is another very important one. House price data, is also another good one to look at, but it generally reaffirms all the previously mentioned stats.

    It takes a while to find your grove, but in my case I have found that news out of the US and China, GDP growth rates, the current account deficit and manufacturing (most specifically mining) figures seem to have the most pull on where our markets go in general.

    Is there something that you know about that I need to look out for the future? ;)
     
  3. baudwalk

    baudwalk Senior Investor

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    Just thinking out loud, I don't expect any significant near-term news will move the market until the overhanging Fed rate increase business is resolved. The noise of drug pricing, recently raised by Hillary, may affect the biotech sector on a short-term basis, but the next round of earnings reports with accompanying opining will push everything else into the background.
     
  4. WaveWage

    WaveWage Well-Known Member

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    I must say, good summary. It basically summarize what numbers and metrics I read in the business news and I talked about. So basically, if business news talks about it, some (even if not all) investors must look at it as well. Anyway, I think the more you invest, the more you read news from other sources to take the right decision.


    I would also add to watch news regarding one specific industry as well. If you are investing in oil or in gasoline companies, somehow you have to watch the news of them as well, and if you are looking for new stocks to buy, you should watch news of all industries and try to understand the current situation in that industry.
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I've bought / bought more biotechs in the last couple of days since everyone panicked over her comments. It's ridiculous that so many people so overreacted to what she said, especially all things considered with her current troubles. :D
     
  6. Nox

    Nox Guest

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    I have to say I think that this is the hard part. Finding the news you need about specific industries isn't always easy to do. It takes a lot more work, time and research. But it is also the best way of fully understanding what you are getting yourself into by investing in that stock or industry. If you just go purely by what you read in the newspapers and see on TV, then you risk herd behaviour (investing in a stock that everyone is investing in), so you need to spend a bit more time understanding the company or industry's financials and historical performance.
     
  7. WaveWage

    WaveWage Well-Known Member

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    The main problem is that, you have to follow the TV and usual news about business because this is how some investors will react and part of your job is planning about how your fellow investors will react, meanwhile you also have to get your own view on the topic in order to earn (more?) money because you will probably want to get out of the situation, for example if other investors are panicking, you would want to make benefit out of the situation rather than following them, except if following them is the right move.


    About getting news from the industry, it is easier after the initial hassle of the research are done, when you know the names of the industries, you know their worlds, their keywords, etc.
     
  8. Susimi

    Susimi Senior Investor

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    I'm going to be keeping a very close eye on this Volkswagen situation into next week and probably for as long as it lasts because this is quite a big situation and it could send a shockwave not only through Volkswagen and other companies that are a part of the VAG group but also other car manufacturers and groups.

    This also may have an effect on electric car companies like Telsa. Their shares could rise because of this scandal.
     
  9. WaveWage

    WaveWage Well-Known Member

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    If only it could be true, I would be really happy to see electric vehicles rising because of this scandal, even if I'm not happy at all of that scandal given the impact it have on the air condition in cities (Volkswagen isn't a 1% market share company), and it may had on health and so on. I mean, when they gave the number they gave in the norms, they tried to watch out for the health as well of the feasibility, and it's feasible since other automotives companies tested by the same study proves it is possible.


    About what it affects, I think it affects any country with environmental protection and clean air act, since even South Korea investigates after this scandal, and they don't limit the investigation to Volkswagen.
     
  10. baudwalk

    baudwalk Senior Investor

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    First blush may say electric car manufacturers may benefit from the VW boondoggle. Telsa is reportedly developing a peoples' car in the $35k-$40k price range. That's still expensive for a large swath of the sedan-buying public. I believe the persistently low gasoline prices and increasingly feature-packed smaller sedans may be more attractive at half the Tesla's projected price. YMMV.
     

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