AAM as on 07 December 2009

Hello All,

Good Morning everybody.

Its monday, a start of the calendar week which usually has a centiment on raise in stocks.

There were no much news except

1.The labour report says in US the companies have laid down 11,000 jobs only during the month of november which is very less compared to the previous months.So atleast the companies feel happy that the jobless claims are getting reduced now-a-days which proves that US is coming out of the recession days but slowly..

2.This week there were lot of reports coming up like Retails sales report,customer sentiments and trade gap reports...but it doesnt have much impact on the market numbers..

3.There were lot of meetings to happen in US on current economy and their focus in future..so Fed Reserve Chairman Ben Bernanke,US President Barack Obama had plans for couple of meetings on this topic..

So,hope there wont be much raise/fall in the market..it will be volatile with +/- 100points in sensex.

Have a great week ahead.

Regards
Karthik