THE EARNINGS REPORT EDITION
14 OCTOBER 2010
IT'S ALL ABOUT THE EARNINGS
Dow Whizzes Past 11,000 Mark
Herd investors got a taste this week of what intelligent investors have known all along: It's all about the earnings. The DJIA soared on the better-than-expected earnings reports of Intel and JP Morgan Chase, sending the Dow well into 11,000 territory.
Speaking of how a company's stock price relates to its earnings, don't miss your chance to get the skinny on all things P/E ratio in the SC Community Workshops Forum, The latest workshop, titled P/E Ratio: Why Should I Care?, is led by longtime stock guru Ellis Traub and is one of the most comprehensive and sensible takes on the P/E ratio that your roving reporter has ever seen. The topics include:
* How to best use the P/E as a unit of measurement
* Explaining a signature P/E.
* Using the P/E ratio to temper the short-term fluctuations caused by the herd's unpredictable valuations of a company.
* Defining rational value.
* Resisting the temptation to think like the herd and panic.
It's your opportunity to not only hobnob with like-minded investors, but also to pose any — or all — of your burning questions on the P/E ratio!
On to this week's headlines . . .
GOT QUESTIONS?
StockCentral Community Has Answers
As the old adage goes, there's more than one way to skin a cat. That saying also applies when you and your fellow investment club members are seeking guidance in any club-related matter. SC member Bettie Nixon recently posted this query in The Toolshed:
"I am trying to find a book on suggested steps for a new treasurer to perform on the Web-based accounting software to ensure an easy transition between treasurers. . . . I want the new treasurer to have a guideline about such things as: When do I do the club valuation? How should I handle deposits? and similar procedural questions. Is there a book or PowerPoint that offers step-by-step guidelines for a new treasurer?"
Bettie's post inspired a number of helpful replies from her cohorts — none other than the beauty of the StockCentral community in action!
Should you find yourself in a similar circumstance, your reporter feels compelled to remind you that in addition to the SC forums, you can take part in the monthly New Investment Club Orientation. This webinar is an opportunity for novice and seasoned investment club members alike to post questions and seek sage advice from SC founder and all-around guru Doug Gerlach.
What's more, you're in luck! The next webinar is scheduled for Tuesday, Oct. 19, at 9 p.m. Eastern. Reserve your place today!
Speaking of all things Community: You asked, and SC answered! By request, the magical elves working furiously behind the scenes at StockCentral have created a brand-new forum for the Hewlett-Packard Co. (NYSE:HPQ) Stop by this forum to download a current SSG on the company and join in on the conversation!
TIME IS RUNNING OUT!
End Is Near for Take Stock, Toolkit 6 Back to School Special
The sands in the hourglass are waning and, in a mere two weeks' time, will run out. Don't miss this opportunity to add both Toolkit 6 and Take Stock to your investing arsenal — at two for the price of one! Order Toolkit 6 by October 25 and you'll get a copy of Take Stock free — a $29.99 value!
Designed for beginners but beneficial to all fundamental long-term investors, Take Stock is an important addition to your investing library. This 250-page book describes the basics of commonsense stock investing, with tips and tricks for identifying companies, comparing stocks, and managing a portfolio. You can read a sample chapter and learn more about the powerful concepts contained in Take Stock.
The Toolkit 6 software allows you to quickly analyze promising stocks and manage your portfolio. Developed for both novice and experienced investors, Toolkit 6 features its own unique portfolio management tools that make it easy to monitor fundamental changes in your existing holdings with alerts and color-coded highlights.
If you or a member of your investment club hasn't yet bought a copy of Toolkit 6, this is a golden opportunity to create the perfect set of tools for stock analysis. Buy Toolkit 6 now and get your free copy of Take Stock today! But hurry! This offer ends very soon!
TODAY'S ENTIRELY RELEVANT QUOTATION
"Whether you think you can or think you can't — you are right."
— Henry Ford