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Atlas Market Report: November 1st, 2012
Atlas Wealth Management provides "Market Reports" that include market commentary and other important information to help you understand whats going on in the markets. Atlas also provides articles on Wealth Building and Retirement Planning.
- Market Commentary
- November 2012 Market Outlook and Market Leaders Video
- Webinars: "Fiscal Cliff & Tax Implications"
- New Article: "Women in Transition: Inspiring Financial Stability"
- Brazil Research Report
- Quarterly Account Reviews
Market Commentary: November 1st, 2012
All the major market headlines took a breather to let Hurricane Sandy come through and provide destruction in the Mid-Atlantic and some New England states. The storm took out most of the boardwalks up and down the Jersey shore along with major flooding, including lower Manhatten. Expect lower volumes in the market the first 2-3 days when it reopens. Many people are still struggling to get power restored in many areas of New Jersey, Pennsylvania and New York. Right now the focus is not on the markets, but survival, assessing and fixing damage.
There are several opportunities in the market this storm has created. Look at several of the home stores along with the property & casualty insurance companies. These type of companies seem to be beneficiaries of these disasters.
The Presidential Election is next week and expect that to re-dominate the news by Thursday and Friday. This will be a photo finish and expect the results to be late on election night.
We had expected the markets to push higher throughout October and although it started out strong, the markets pulled back with Corporate Earnings. Overall the earnings announcements have been mixed while guidance has been muted and many have revised expectations downward. Several companies have cited "uncertainty"
We expect there to be movement immediately following the election in the markets. We would not recommend adding to any growth or speculative positions until the elections are over and possible the Fiscal Cliff discussions have picked up again with serious intent.
Corporate Earnings over the next week:
XOM, CVX, PFE, V, AIG, EPD, SO, LVS, SBU, APA, EXC, PCLN, NEM, ALL, SE, QCOM, DIS, CVS, NWSA, DUK, TWX, EMR, DTV, KRFT, PRU, COV, CTL, DVN, MRO, CBS, WLP, CTSH, DISH, M, HUM
November 2012 Market Outlook and Market Leaders Video
The latest video has been posted to the Home Page of our Web Site - www.AtlasBuildsWealth.com
Thursday, November 8th, 2012 "Fiscal Cliff & Tax Implications"
This webinar will review the "Fiscal Cliff" and the potential "Tax Implications"
New Article Published
"Women in Transition: Inspiring Financial Stability" can be downloaded from the home page of our web site - www.AtlasBuildsWealth.com
Brazil Research Report(reminder)
A revised version of our Brazil Research Report has been posted to the web site. If you are interested in receiving a copy, please REPLY to this email.
Quarterly Account Reviews (Atlas Clients)
If you still have not had your Q3 Account and Performance reviews, please call us to setup a time.
Great investing starts with Expert Knowledge.
Remember, this article and commentary is not "advise" or any form of a "recommendation"
About Atlas Wealth Management, LLC
We provide the following financial services; Financial Planning, Retirement Planning, Wealth Management, Corporate 401(k) and Business & Personal IRA programs, Financial Advisor or Executor of Trusts, Estates and Wills. We also offer other financial options such as; Private Placement/Hedge Funds/Venture Capital to qualified investors. Since we have a strong Suitability and Fiduciary duty towards our clients, we always have your best interested in mind.
Investors Business Daily (IBD) Contributor - http://www.investors.com/
Web Site - http://www.AtlasBuildsWealth.com