60 likes | 187 Views
Ross Finance Club Weekly Breakout Sales, Trading, and Research. October 3, 2004 Zachary Emig MBA Class of 2005. Items of Note. Intro to Tozzi next Sunday (files on CD) Bloomberg Certification classes in Tozzi Wall Street Forum applications due next week
E N D
Ross Finance Club Weekly BreakoutSales, Trading, and Research October 3, 2004 Zachary Emig MBA Class of 2005
Items of Note • Intro to Tozzi next Sunday (files on CD) • Bloomberg Certification classes in Tozzi • Wall Street Forum applications due next week • MBA1 iMpact resume deadline on October 15th • The Finance Club website has been refreshed, and its calendar is now updated with upcoming events • FinClub Coursepack: Sections 1, 2, 5-8 most applicable to S&T; Section 10 (Technical Reference) is very IB-specific
This Week’s News • This week: Dow up 1.5% to 10,192; S&P up 2% to 1131; Nasdaq up 3.3% to 1942 (Q3 #s for each: -3.4%, -2.3%, -7.4%) • Oil briefly touches $50 a barrel on Monday due to Nigeria rebel situation; closes above $50 on Friday • Google pops 7% on Tuesday as Morgan Stanley, CSFB initiate with buy recommendations • Thursday, Merck stock drops 27% as Vioxx pulled; largest DJIA component drop since ‘01 • Q2 GDP finalized at 3.3% • Strong Chicago PMI (manufacturing), housing numbers
Upcoming Week • Tuesday (10/5): ISM non-manufacturing index • Friday (10/8): September payroll, unemployment numbers (what’s the recent history, what does the market expect?) • Earnings announcements: • Thursday: Marriott International • Friday: General Electric http://www.briefing.com/Silver/Calendars/EconomicCalendar.htm
Next Week In next Sunday’s breakout we’ll talk about how to prepare for the WSF: • What is your story? • What is a stock pitch? • What is a view on the economy? • What are informational interviews like? Why should I do them? How do I set them up? • What should I be doing now? • The economy, markets, banks
Sign-up sheet going around • Research CD-ROM going around • 3 guides to resumes up front for pickup