Leonard The Monkey

Is it really the bottom?

Looks like it will take a little more time then the market wants.

Remember this is a shortened week and I think most of the people are already on vacation.

Tuesday

International Speedway ISCA 0.32 Time Not Supplied

Wednesday

ALCOA Inc AA -0.34 After Market Close
Family Dollar FDO 0.59 Before Market Open
WD-40 Company WDFC 0.38 After Market Close

Thursday

Chevron CVX 1.19 5:00 pm ET
Lawson Software, Inc. LWSN 0.1 After Market Close
Shaw Group, Inc. SGR 0.6 4:00 pm ET

Friday

Infosys Technologies LTD INFY 0.47
The Progressive Corporation PGR 0.36 Time Not Supplied

Economic Data

Jul 6 10:00 AM ISM Services Jun - NA 46.0 44.0 -
Jul 8 10:30 AM Crude Inventories 07/03 - NA NA NA -
Jul 8 3:00 PM Consumer Credit May - NA -$10.0B -$15.7B -
Jul 9 8:30 AM Initial Claims 07/04 - NA NA NA -
Jul 9 10:00 AM Wholesale Inventories May - NA -1.2% -1.4% -
Jul 10 8:30 AM Export Prices ex-ag. Jun - NA NA 0.3% -
Jul 10 8:30 AM Import Prices ex-oil Jun - NA NA 0.2% -
Jul 10 8:30 AM Trade Balance May - NA -$30.0B -$29.2B -
Jul 10 9:55 AM Mich Sentiment-Prel Jul - NA 71.0 70.8

Russia's energy giant Gazprom has signed a $2.5bn (£1.53bn) deal with Nigeria's state operated NNPC, to invest in a new joint venture.

The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria.
***
As well as forming Nigaz, Russia is keen on developing a trans-African pipeline to transport Nigerian gas to Europe.
***
Sergei Novikov, a spokesman for Rosatom, Russia's state-run civil nuclear energy agency, said the Nigaz deal would lay the foundations for building nuclear power reactors in Nigeria.

Good video on AAPL Vs. RIMM

I must say I wouldn't trade my iPhone for any other, but I am still not a Mac guy.

I like this one long into the Windows 7 launch and as they take over only the most profitable CompUSA retail stores.

Too much negativity and shorts that have gotten into this name once again.

I'm not looking for a big economic rebound I am not depending on the market juicing higher. What I am looking for is the earnings for 2009 ending up being a little better then expected helping the stock to reach back into the upper teens by January.

Helping the matter will be the dropping off the ultra-money losing software app hosting business and the weakening dollar.

Some additional growth from the Circuit City site acquisition won't hurt either.

Keep it on your radar - if it breaks down to $10 I would be happy to have some SYX.

Economic Data
Date Time (ET) Statistic For Actual Briefing Forecast Market Expects Prior Revised From

Jun 30 9:00 AM Consumer Confidence Jun - NA 55.1 54.9 -
Jun 30 9:00 AM S&P/Case-Shiller Home Price Index Apr - NA -18.75% -18.70% -
Jun 30 9:00 AM S&P/CaseShiller Home Price Index Apr - NA NA -18.70% -
Jun 30 9:45 AM Chicago PMI Jun - NA 38.5 34.9 -
Jul 1 8:15 AM ADP Employment Change Jun - NA -363K -532K -
Jul 1 10:00 AM Construction Spending May - NA -0.5% 0.8% -
Jul 1 10:00 AM ISM Index Jun - NA 44.0 42.8 -
Jul 1 10:00 AM Pending Home Sales May - NA 1.1% 6.7% -
Jul 1 10:30 AM Crude Inventories 06/26 - NA NA -3.87M -
Jul 1 2:00 PM Auto Sales Jun - NA NA 3.3M -
Jul 1 2:00 PM Truck Sales Jun - NA NA 4.1M -
Jul 2 8:30 AM Average Workweek Jun - NA NA 33.1 -
Jul 2 8:30 AM Hourly Earnings Jun - NA NA 0.1% -
Jul 2 8:30 AM Initial Claims 06/27 - NA NA NA -
Jul 2 8:30 AM Nonfarm Payrolls Jun - NA -370K -345K -
Jul 2 8:30 AM Unemployment Rate Jun - NA NA 9.4% -
Jul 2 8:30 AM Unemployment Rate Jun - NA 9.6% 9.4% -
Jul 2 8:30 AM Hourly Earnings Jun - NA 0.2% 0.1% -
Jul 2 8:30 AM Average Workweek Jun - NA 33.1 33.1 -
Jul 2 8:30 AM Initial Claims 06/27 - NA NA 627K -
Jul 2 10:00 AM Factory Orders May - NA 0.2% 0.7% -

Monday

Advanced Photonix API -0.05 After Market Close
Apollo Group APOL 1.12 After Market Close
Benihana Inc. BNHNA N/A After Market Close
H&R Block, Inc. HRB 2.05 Time Not Supplied
US DATAWORKS INC UDW N/A Before Market Open

Tuesday

Diageo PLC DGE.L N/A Time Not Supplied

Wednesday

Constellation Brands, Inc. STZ 0.32 Before Market Open
DEMANDTEC INC DMAN -0.02 After Market Close
General Mills, Inc. GIS 0.8 Before Market Open
Lindsay Corporation LNN 0.25 Before Market Open
UniFirst UNF 0.74 Before Market Open
Unify Corporation UNFY N/A After Market Close

Thursday

Acuity Brands, Inc. AYI 0.57 Time Not Supplied
Methode Electronics MEI -0.16 Before Market Open
MSC Industrial Direct MSM 0.38 Time Not Supplied
MSCI INC MXB 0.24 Time Not Supplied

hat tip P-Mac

Taibbi-Goldman-Sachs

Once we see 5 of these lined up in a row and several times stronger I will be having a party with a never ending punchbowl full of hurricane juice and a special hurricane all star tape featuring the best hurricane footage ever assembled.

New Orleans Style

1 oz white rum
1 oz Jamaican dark rum
1 oz Bacardi® 151 rum
3 oz orange juice
3 oz unsweetened pineapple juice
1/2 oz grenadine syrup
crushed ice

Due to the fact that micheal jackson is 99% plastic, he will be melted down into lego blocks so little kids can play with him for a change.