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2.  Review the week  Examine Economic Data  Tax & Deficit Cuts  Outlook on Oil  A New Year of risks  European Debt  China Correction

3. 1 st place: jnurre 2 nd Place: mvbutzy08

4. +2.97%

5. +0.3%

6. A Week in Review Airtime: Fri. Dec. 3 2010 | 5:01 PM ET

7. What moved the markets Thursday? Airtime: Thurs. Dec. 2 2010 | 12:02 PM ET

8.  Pending Home Sales for October expected to remain unchanged ( Zero Percent)  Actual Results +10.4%  Midwest & Northeast: Large Increases  South: Modest Gains  West: Little/NO change

9.  Existing home inventories are falling  The top 10 homebuilders have remarkably higher market share now than they did during peak of housing market  Significant increase in demand for smaller homes (2-3 bedrooms)

10.  JPMorgan  Citi  Bank of America  Principal Financial Group  Blackstone Group  Invesco  Evercore  TD Ameritrade  Stifel  State Street  Simon Property Group  Dr Horton

11.  Wednesday’s Proposed Plan  Overhaul the tax brackets to 12%-22%-28%  Lower Corporate tax rate to 28% from 35%  Raise Social Security retirement age to 69 in 2075  Needed 14 of 18 votes to pass  Only received 11 votes on Friday  A deal could still be made before year end which could send the markets higher

12. Return of $100 Oil? Airtime: Fri. Dec. 3 2010 | 6:25 PM ET

14.  Crude Oil prices up 6.5% on the week  Dollar significantly weaker on the week  Price of Oil: $89/barrel  Goldman Sachs, JP Morgan, Deutsche Bank all raise oil price forecasts for 2011 & 2012

15.  One Month Ago: $2.80  Today:$2.90  Expected Year End: $3.00+

16.  March 3o th : Obama announces permission of greater offshore oil exploration  April 20 th : BP Oil Spill  December 1 st : Ban on further offshore oil exploration for 7 years  China and Venezuela ramping up offshore drilling

17.  Halliburton (HAL)  Weatherford (WFT)  Schlumberger (SLB)  Baker Hughes (BHI)  British Petroleum (BP)

18. Beginning of 2011

19. An Equity Correction in China? Airtime: Fri. Dec. 3 2010 | 4:18 PM ET

20.  Industrial growth will continue but stocks could hurt by measures to reduce inflation  Short (FXI) & (HOGS)  China may increase reserve requirements for banks http://www.bloomberg.com/news/2010-12-05/greater-china-daybook-bank-reserve-ratios-may-rise-in-new-year.html

21. The Week Ahead Airtime: Fri. Dec. 3 2010 | 5:02 PM ET