Ross Finance Club Weekly Ross Finance Club Weekly BreakoutBreakout

Sales, Trading, and ResearchSales, Trading, and Research

October 3, 2004October 3, 2004

Zachary EmigZachary Emig

MBA Class of 2005MBA Class of 2005

Items of NoteItems of Note• Intro to Tozzi next Sunday (files on CD)Intro to Tozzi next Sunday (files on CD)

• Bloomberg Certification classes in TozziBloomberg Certification classes in Tozzi

• Wall Street Forum applications due next Wall Street Forum applications due next weekweek

• MBA1 iMpact resume deadline on October MBA1 iMpact resume deadline on October 1515thth

• The Finance Club website has been The Finance Club website has been refreshed, and its calendar is now refreshed, and its calendar is now updated with upcoming eventsupdated with upcoming events

• FinClub Coursepack: Sections 1, 2, 5-8 FinClub Coursepack: Sections 1, 2, 5-8 most applicable to S&T; most applicable to S&T; Section 10 (Technical Section 10 (Technical Reference) is very IB-specificReference) is very IB-specific

This Week’s NewsThis Week’s News• This week: Dow up 1.5% to 10,192; S&P up This week: Dow up 1.5% to 10,192; S&P up

2% to 1131; Nasdaq up 3.3% to 1942 (Q3 2% to 1131; Nasdaq up 3.3% to 1942 (Q3 #s for each: -3.4%, -2.3%, -7.4%)#s for each: -3.4%, -2.3%, -7.4%)

• Oil briefly touches $50 a barrel on Monday Oil briefly touches $50 a barrel on Monday due to Nigeria rebel situation; closes due to Nigeria rebel situation; closes above $50 on Fridayabove $50 on Friday

• Google pops 7% on Tuesday as Morgan Google pops 7% on Tuesday as Morgan Stanley, CSFB initiate with buy Stanley, CSFB initiate with buy recommendationsrecommendations

• Thursday, Merck stock drops 27% as Vioxx Thursday, Merck stock drops 27% as Vioxx pulled; largest DJIA component drop since pulled; largest DJIA component drop since ‘01‘01

• Q2 GDP finalized at 3.3%Q2 GDP finalized at 3.3%• Strong Chicago PMI (manufacturing), Strong Chicago PMI (manufacturing),

housing numbershousing numbers

Upcoming WeekUpcoming Week• Tuesday (10/5): ISM non-Tuesday (10/5): ISM non-

manufacturing indexmanufacturing index

• Friday (10/8): September payroll, Friday (10/8): September payroll, unemployment numbers (what’s the unemployment numbers (what’s the recent history, what does the market recent history, what does the market expect?)expect?)

• Earnings announcements:Earnings announcements:– Thursday: Marriott InternationalThursday: Marriott International– Friday: General ElectricFriday: General Electric

http://www.briefing.com/Silver/Calendars/EconomicCalendar.htmhttp://www.briefing.com/Silver/Calendars/EconomicCalendar.htm

Next WeekNext WeekIn next Sunday’s breakout we’ll talk In next Sunday’s breakout we’ll talk

about how to prepare for the WSF:about how to prepare for the WSF:• What is your story?What is your story?• What is a stock pitch?What is a stock pitch?• What is a view on the economy?What is a view on the economy?• What are informational interviews What are informational interviews

like? Why should I do them? How like? Why should I do them? How do I set them up?do I set them up?

• What should I be doing now?What should I be doing now?• The economy, markets, banksThe economy, markets, banks

• Sign-up sheet going aroundSign-up sheet going around

• Research CD-ROM going aroundResearch CD-ROM going around

• 3 guides to resumes up front for 3 guides to resumes up front for pickuppickup