Serge Berger is the head trader and investment strategist for The Steady Trader
. Sign up for his free weekly newsletter . The last trading day of August came
and went with a decent intraday trading range inU.S.equities despite a slow news
day and lackluster volume. The low volume is, of course, due to the lead up to
the long weekend, which will have even more adverse effects on the market today
and tomorrow. As such, the best way to play the rest of this week is to stay
away. To the charts we turn, and for some perspective and because today we start
a new month, let's look at the weekly chart of the Nasdaq 100. The chart looks
much like many of the otherU.S.equity and sector charts in that the rally over
the past few days has taken prices closer to the point where they broke the
multi-year uptrend from early August.
Wednesday, August 31, 2011
Todays Dow Jones Average Index: DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Current Close Review
The primary stock indices in the United States were able to avoid the mixed
close yesterday as the DJIA, Nasdaq and S&P 500 finished the session green.
August was a volatile month overall for stocks and although the ending was
stronger, the month overall was negative. The credit downgrade that the U.S.
endured earlier this month led to a major sell off and stocks were not able to
recover completely. For the month of August, the Dow Jones Industrial Average
was negative by over 4 percent. The Nasdaq was negative for the month of August
by over 6 percent and the S&P 500 was negative for the month by 5.5 percent.
Economic data has been mixed this month and yesterdays posts followed suit.
According to the ADP report, private sector payrolls rose by 91,000 in August,
but this number was below what most analysts were anticipating. Better news
stemmed from the Challenger, Gray & Christmas data which conveyed the number of
planned job cuts in August as dropping by 23 percent. The Commerce Department
stated that the June factory orders notched higher by 2.4 percent which was
better than expected and the Chicago purchasing managers index was still above
50 at 56.5 for July. Primary indices ended the day green. The Dow Jones was
green by .46 percent at 11,613.53. The Nasdaq was green by .13 percent at
2,579.46 and the S&P 500 was green by .49 percent at 1,218.89. The dollar was
stronger versus the euro and the British pound and gold futures climbed the
ladder. Frank Matto
close yesterday as the DJIA, Nasdaq and S&P 500 finished the session green.
August was a volatile month overall for stocks and although the ending was
stronger, the month overall was negative. The credit downgrade that the U.S.
endured earlier this month led to a major sell off and stocks were not able to
recover completely. For the month of August, the Dow Jones Industrial Average
was negative by over 4 percent. The Nasdaq was negative for the month of August
by over 6 percent and the S&P 500 was negative for the month by 5.5 percent.
Economic data has been mixed this month and yesterdays posts followed suit.
According to the ADP report, private sector payrolls rose by 91,000 in August,
but this number was below what most analysts were anticipating. Better news
stemmed from the Challenger, Gray & Christmas data which conveyed the number of
planned job cuts in August as dropping by 23 percent. The Commerce Department
stated that the June factory orders notched higher by 2.4 percent which was
better than expected and the Chicago purchasing managers index was still above
50 at 56.5 for July. Primary indices ended the day green. The Dow Jones was
green by .46 percent at 11,613.53. The Nasdaq was green by .13 percent at
2,579.46 and the S&P 500 was green by .49 percent at 1,218.89. The dollar was
stronger versus the euro and the British pound and gold futures climbed the
ladder. Frank Matto
Wednesday’s OptionsPlace: AMR Calls Flying Higher
As low-volume-driven as it may be, the move higher in stocks over the past 10
days continues to dampen options volatility. On Wednesday, stocks climbed to
levels not seen in nearly four weeks, pushing the CBOE Market Volatility Index
down more than 7% to 30.54, which drops the VIX within shouting distance of its
still-rising 50-day moving average of 26.43. The put/call ratio was recently at
1.13, above its 50-day moving average of 1.14. Here are some of Wednesday's
notable options movers: AMR Corp. (NYSE: AMR ): Its Sep 4 calls are seeing
interest, with 11,300 contracts trading vs. open interest of 9,690, pushing
implied volatility up about 7 points to 75%. The stock was recently up 2.4% to
$3.64. JDS Uniphase (NASDAQ: JDSU ): Following rumors of a potential buyout by
Cisco (NASDAQ: CSCO ), the company's calls have seen more than 15,000 calls
traded vs. just under 3,000 puts.
days continues to dampen options volatility. On Wednesday, stocks climbed to
levels not seen in nearly four weeks, pushing the CBOE Market Volatility Index
down more than 7% to 30.54, which drops the VIX within shouting distance of its
still-rising 50-day moving average of 26.43. The put/call ratio was recently at
1.13, above its 50-day moving average of 1.14. Here are some of Wednesday's
notable options movers: AMR Corp. (NYSE: AMR ): Its Sep 4 calls are seeing
interest, with 11,300 contracts trading vs. open interest of 9,690, pushing
implied volatility up about 7 points to 75%. The stock was recently up 2.4% to
$3.64. JDS Uniphase (NASDAQ: JDSU ): Following rumors of a potential buyout by
Cisco (NASDAQ: CSCO ), the company's calls have seen more than 15,000 calls
traded vs. just under 3,000 puts.
S&P 500 Tries to Leave August on a High Note
The Standard & Poors 500 Index was finishing its worst month since May with a
powerful kick, gaining almost 12 points, or about 1%, to over 1,224. Investors
reacted positively to reports on the labor and manufacturing sectors. For the
past five days of trading, the S&P is higher by more than 4%. Gold and oil were
down in the morning session. Today, advancing stocks outnumbered those declining
by better than 4-to-1. Leading the market higher by more than 5% was Joy Global
(NASDAQ: JOYG ), higher by around $4.25 to over $86.80. The farm and
construction machinery company reported higher profits of 46%, which pleased
Wall Street. JOY is up 13% for the week and 46% for the year. Also up more than
5% was Tesoro Corp. (NYSE: TSO ), gaining about $1.30 per share to around
$24.80. The oil and gas company was upgraded by RBC Capital Markets on
Wednesday, giving the company three upgrades since early July. Up more than 18%
for the week, Tesora has more than doubled for the year. Red Hat, Inc. (NYSE:
RHT ) picked up more than $1.70 in the morning session to over $39.50 a share, a
jump of more than 4.5%. The worlds leading provider of open source solutions
announced the expansion of customer involvement in Red Hat Enterprise Linux, its
next major product release. Red Hat is up more than 8% for the week and 9% for
the year. Down by almost 2% was Altera (NASDAQ: ALTR ), dropping more than 70
cents per share to under $36.70. Insider sales and a change in consensus analyst
rating were taking the PLD manufacturer lower. Altera is up more than 3% for the
week and 6% for the year. Altera received an "outperform" from Pacific Crest
this morning. It already was upgraded twice in August, by Miller Tabak and
Barclays Capital. Also down about 2% was CF Industries Holdings (NYSE: CF ),
losing about $3.75 per share to around $186. The chemical company was downgraded
in a consensus analyst report. There have been four positive analyst
recommendations for CF Holdings in the past month. The most recent, on Tuesday,
was the reiteration of a "strong buy" by Feltl and Company. Also on its way
down was semiconductor maker Xilinx (NASDAQ: XLNX ), off about 0.6% to under
$31.30, falling around 20 cents per share. Xilinc received a "market
perform" rating from Pacific Crest this morning. Jonathan Yates does not own
any of the stocks mentioned in this article.
powerful kick, gaining almost 12 points, or about 1%, to over 1,224. Investors
reacted positively to reports on the labor and manufacturing sectors. For the
past five days of trading, the S&P is higher by more than 4%. Gold and oil were
down in the morning session. Today, advancing stocks outnumbered those declining
by better than 4-to-1. Leading the market higher by more than 5% was Joy Global
(NASDAQ: JOYG ), higher by around $4.25 to over $86.80. The farm and
construction machinery company reported higher profits of 46%, which pleased
Wall Street. JOY is up 13% for the week and 46% for the year. Also up more than
5% was Tesoro Corp. (NYSE: TSO ), gaining about $1.30 per share to around
$24.80. The oil and gas company was upgraded by RBC Capital Markets on
Wednesday, giving the company three upgrades since early July. Up more than 18%
for the week, Tesora has more than doubled for the year. Red Hat, Inc. (NYSE:
RHT ) picked up more than $1.70 in the morning session to over $39.50 a share, a
jump of more than 4.5%. The worlds leading provider of open source solutions
announced the expansion of customer involvement in Red Hat Enterprise Linux, its
next major product release. Red Hat is up more than 8% for the week and 9% for
the year. Down by almost 2% was Altera (NASDAQ: ALTR ), dropping more than 70
cents per share to under $36.70. Insider sales and a change in consensus analyst
rating were taking the PLD manufacturer lower. Altera is up more than 3% for the
week and 6% for the year. Altera received an "outperform" from Pacific Crest
this morning. It already was upgraded twice in August, by Miller Tabak and
Barclays Capital. Also down about 2% was CF Industries Holdings (NYSE: CF ),
losing about $3.75 per share to around $186. The chemical company was downgraded
in a consensus analyst report. There have been four positive analyst
recommendations for CF Holdings in the past month. The most recent, on Tuesday,
was the reiteration of a "strong buy" by Feltl and Company. Also on its way
down was semiconductor maker Xilinx (NASDAQ: XLNX ), off about 0.6% to under
$31.30, falling around 20 cents per share. Xilinc received a "market
perform" rating from Pacific Crest this morning. Jonathan Yates does not own
any of the stocks mentioned in this article.
Top 10 Rebounding Gaming Stocks: MPEL, UWN, WYNN, NYNY, MNTG, LVS, LACO, CNTY, CRYP, FLL (Aug 31, 2011)
Below are the top 10 rebounding Gaming stocks. These companies are interesting
turnaround stories. One Chinese company (MPEL) is on the list. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 1st best rebounding stock in this
segment of the market. It has risen 249% from its 52-week low. It is now trading
at 84% of its 52-week high. Nevada Gold & Casinos (AMEX:UWN) is the 2nd best
rebounding stock in this segment of the market. It has risen 107% from its
52-week low. It is now trading at 39% of its 52-week high. Wynn Resorts, Limited
(NASDAQ:WYNN) is the 3rd best rebounding stock in this segment of the market. It
has risen 92% from its 52-week low. It is now trading at 89% of its 52-week
high. Empire Resorts, Inc. (NASDAQ:NYNY) is the 4th best rebounding stock in
this segment of the market. It has risen 84% from its 52-week low. It is now
trading at 53% of its 52-week high. MTR Gaming Group, Inc. (NASDAQ:MNTG) is the
5th best rebounding stock in this segment of the market. It has risen 71% from
its 52-week low. It is now trading at 80% of its 52-week high. Las Vegas Sands
Corp. (NYSE:LVS) is the 6th best rebounding stock in this segment of the market.
It has risen 67% from its 52-week low. It is now trading at 85% of its 52-week
high. Lakes Entertainment, Inc. (NASDAQ:LACO) is the 7th best rebounding stock
in this segment of the market. It has risen 59% from its 52-week low. It is now
trading at 72% of its 52-week high. Century Casinos, Inc. (NASDAQ:CNTY) is the
8th best rebounding stock in this segment of the market. It has risen 56% from
its 52-week low. It is now trading at 80% of its 52-week high. CryptoLogic
Limited (USA) (NASDAQ:CRYP) is the 9th best rebounding stock in this segment of
the market. It has risen 52% from its 52-week low. It is now trading at 58% of
its 52-week high. Full House Resorts, Inc. (AMEX:FLL) is the 10th best
rebounding stock in this segment of the market. It has risen 50% from its
52-week low. It is now trading at 67% of its 52-week high.
turnaround stories. One Chinese company (MPEL) is on the list. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 1st best rebounding stock in this
segment of the market. It has risen 249% from its 52-week low. It is now trading
at 84% of its 52-week high. Nevada Gold & Casinos (AMEX:UWN) is the 2nd best
rebounding stock in this segment of the market. It has risen 107% from its
52-week low. It is now trading at 39% of its 52-week high. Wynn Resorts, Limited
(NASDAQ:WYNN) is the 3rd best rebounding stock in this segment of the market. It
has risen 92% from its 52-week low. It is now trading at 89% of its 52-week
high. Empire Resorts, Inc. (NASDAQ:NYNY) is the 4th best rebounding stock in
this segment of the market. It has risen 84% from its 52-week low. It is now
trading at 53% of its 52-week high. MTR Gaming Group, Inc. (NASDAQ:MNTG) is the
5th best rebounding stock in this segment of the market. It has risen 71% from
its 52-week low. It is now trading at 80% of its 52-week high. Las Vegas Sands
Corp. (NYSE:LVS) is the 6th best rebounding stock in this segment of the market.
It has risen 67% from its 52-week low. It is now trading at 85% of its 52-week
high. Lakes Entertainment, Inc. (NASDAQ:LACO) is the 7th best rebounding stock
in this segment of the market. It has risen 59% from its 52-week low. It is now
trading at 72% of its 52-week high. Century Casinos, Inc. (NASDAQ:CNTY) is the
8th best rebounding stock in this segment of the market. It has risen 56% from
its 52-week low. It is now trading at 80% of its 52-week high. CryptoLogic
Limited (USA) (NASDAQ:CRYP) is the 9th best rebounding stock in this segment of
the market. It has risen 52% from its 52-week low. It is now trading at 58% of
its 52-week high. Full House Resorts, Inc. (AMEX:FLL) is the 10th best
rebounding stock in this segment of the market. It has risen 50% from its
52-week low. It is now trading at 67% of its 52-week high.
Top 10 Rebounding Gaming Stocks: MPEL, UWN, WYNN, NYNY, MNTG, LVS, LACO, CNTY, CRYP, FLL (Aug 31, 2011)
Below are the top 10 rebounding Gaming stocks. These companies are interesting
turnaround stories. One Chinese company (MPEL) is on the list. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 1st best rebounding stock in this
segment of the market. It has risen 249% from its 52-week low. It is now trading
at 84% of its 52-week high. Nevada Gold & Casinos (AMEX:UWN) is the 2nd best
rebounding stock in this segment of the market. It has risen 107% from its
52-week low. It is now trading at 39% of its 52-week high. Wynn Resorts, Limited
(NASDAQ:WYNN) is the 3rd best rebounding stock in this segment of the market. It
has risen 92% from its 52-week low. It is now trading at 89% of its 52-week
high. Empire Resorts, Inc. (NASDAQ:NYNY) is the 4th best rebounding stock in
this segment of the market. It has risen 84% from its 52-week low. It is now
trading at 53% of its 52-week high. MTR Gaming Group, Inc. (NASDAQ:MNTG) is the
5th best rebounding stock in this segment of the market. It has risen 71% from
its 52-week low. It is now trading at 80% of its 52-week high. Las Vegas Sands
Corp. (NYSE:LVS) is the 6th best rebounding stock in this segment of the market.
It has risen 67% from its 52-week low. It is now trading at 85% of its 52-week
high. Lakes Entertainment, Inc. (NASDAQ:LACO) is the 7th best rebounding stock
in this segment of the market. It has risen 59% from its 52-week low. It is now
trading at 72% of its 52-week high. Century Casinos, Inc. (NASDAQ:CNTY) is the
8th best rebounding stock in this segment of the market. It has risen 56% from
its 52-week low. It is now trading at 80% of its 52-week high. CryptoLogic
Limited (USA) (NASDAQ:CRYP) is the 9th best rebounding stock in this segment of
the market. It has risen 52% from its 52-week low. It is now trading at 58% of
its 52-week high. Full House Resorts, Inc. (AMEX:FLL) is the 10th best
rebounding stock in this segment of the market. It has risen 50% from its
52-week low. It is now trading at 67% of its 52-week high.
turnaround stories. One Chinese company (MPEL) is on the list. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 1st best rebounding stock in this
segment of the market. It has risen 249% from its 52-week low. It is now trading
at 84% of its 52-week high. Nevada Gold & Casinos (AMEX:UWN) is the 2nd best
rebounding stock in this segment of the market. It has risen 107% from its
52-week low. It is now trading at 39% of its 52-week high. Wynn Resorts, Limited
(NASDAQ:WYNN) is the 3rd best rebounding stock in this segment of the market. It
has risen 92% from its 52-week low. It is now trading at 89% of its 52-week
high. Empire Resorts, Inc. (NASDAQ:NYNY) is the 4th best rebounding stock in
this segment of the market. It has risen 84% from its 52-week low. It is now
trading at 53% of its 52-week high. MTR Gaming Group, Inc. (NASDAQ:MNTG) is the
5th best rebounding stock in this segment of the market. It has risen 71% from
its 52-week low. It is now trading at 80% of its 52-week high. Las Vegas Sands
Corp. (NYSE:LVS) is the 6th best rebounding stock in this segment of the market.
It has risen 67% from its 52-week low. It is now trading at 85% of its 52-week
high. Lakes Entertainment, Inc. (NASDAQ:LACO) is the 7th best rebounding stock
in this segment of the market. It has risen 59% from its 52-week low. It is now
trading at 72% of its 52-week high. Century Casinos, Inc. (NASDAQ:CNTY) is the
8th best rebounding stock in this segment of the market. It has risen 56% from
its 52-week low. It is now trading at 80% of its 52-week high. CryptoLogic
Limited (USA) (NASDAQ:CRYP) is the 9th best rebounding stock in this segment of
the market. It has risen 52% from its 52-week low. It is now trading at 58% of
its 52-week high. Full House Resorts, Inc. (AMEX:FLL) is the 10th best
rebounding stock in this segment of the market. It has risen 50% from its
52-week low. It is now trading at 67% of its 52-week high.
Google+: Turning Into a Negative?
Over the years, Google (NASDAQ: GOOG ) has invested heavily in building a
social networking platform. So far, it has had two notable failures. But its
latest offering Google+ has gotten off to a strong start (since its launch in
late June). In fact, it actually is the fastest-growing web service ever. Yet
now signs are emerging that things are beginning to stall. According to analysis
from Experian Hitwise, there was a 5.5% drop in U.S. visits last week to 1.16
million. True, the Google+ service still is by invitation only, so it is
reasonable that the growth ramp will be volatile. However, the more worrisome
development is that the average minutes spent on Google+ peaked in mid-July. The
key to a social network is engagement, right? No doubt, this is encouraging news
for Facebook. Lately, the company has had some high-profile setbacks, such as
the closing of its Places service as well as its daily deals program, which
competes with Groupon. But all in all, Facebook remains the clear dominant
player in social networking, with 750 million active users. As with anything in
the wild Internet world, it is difficult to judge any new service. Google
realizes it likely will take years to make headway with its social networking
efforts. But the problem is Facebook has been re-energized. For example, the
company recently went into "lockdown," which means its engineers are solely
focused on intense development. What's more, Facebooks expected IPO should be
another boost (the deal is expected in the first quarter of next year).
Relentlessly, the company likely will take away a growing share of the valuable
online advertising market. Now, such things are inevitable in a competitive
market. Yet there is something else that could prove even more troubling:
Google's recent $12.5 billion deal for Motorola Mobility (NYSE: MMI ). While
this will boost patent protection, it is a highly risky transaction. Google will
have the distraction of adding more than 19,000 employees. Besides, does the
company really want to operate large, low-margin manufacturing facilities across
the world? It looks like Google wants to pursue the Apple (NASDAQ: AAPL ) model
that is, having mobile offerings that have tight integration between software
and hardware. It's a reasonable strategy, but it will be incredibly tough to
pull off. Will an Android-Motorola handset really get much traction against an
iPhone? It seems unlikely at least for the next couple years. So for investors,
it's probably a good idea to be cautious on Google. Tom Taulli is the author
of various books, including "All About Commodities." He does not own a
position in any of the stocks named here.
social networking platform. So far, it has had two notable failures. But its
latest offering Google+ has gotten off to a strong start (since its launch in
late June). In fact, it actually is the fastest-growing web service ever. Yet
now signs are emerging that things are beginning to stall. According to analysis
from Experian Hitwise, there was a 5.5% drop in U.S. visits last week to 1.16
million. True, the Google+ service still is by invitation only, so it is
reasonable that the growth ramp will be volatile. However, the more worrisome
development is that the average minutes spent on Google+ peaked in mid-July. The
key to a social network is engagement, right? No doubt, this is encouraging news
for Facebook. Lately, the company has had some high-profile setbacks, such as
the closing of its Places service as well as its daily deals program, which
competes with Groupon. But all in all, Facebook remains the clear dominant
player in social networking, with 750 million active users. As with anything in
the wild Internet world, it is difficult to judge any new service. Google
realizes it likely will take years to make headway with its social networking
efforts. But the problem is Facebook has been re-energized. For example, the
company recently went into "lockdown," which means its engineers are solely
focused on intense development. What's more, Facebooks expected IPO should be
another boost (the deal is expected in the first quarter of next year).
Relentlessly, the company likely will take away a growing share of the valuable
online advertising market. Now, such things are inevitable in a competitive
market. Yet there is something else that could prove even more troubling:
Google's recent $12.5 billion deal for Motorola Mobility (NYSE: MMI ). While
this will boost patent protection, it is a highly risky transaction. Google will
have the distraction of adding more than 19,000 employees. Besides, does the
company really want to operate large, low-margin manufacturing facilities across
the world? It looks like Google wants to pursue the Apple (NASDAQ: AAPL ) model
that is, having mobile offerings that have tight integration between software
and hardware. It's a reasonable strategy, but it will be incredibly tough to
pull off. Will an Android-Motorola handset really get much traction against an
iPhone? It seems unlikely at least for the next couple years. So for investors,
it's probably a good idea to be cautious on Google. Tom Taulli is the author
of various books, including "All About Commodities." He does not own a
position in any of the stocks named here.
Google+: Turning Into a Negative?
Over the years, Google (NASDAQ: GOOG ) has invested heavily in building a
social networking platform. So far, it has had two notable failures. But its
latest offering Google+ has gotten off to a strong start (since its launch in
late June). In fact, it actually is the fastest-growing web service ever. Yet
now signs are emerging that things are beginning to stall. According to analysis
from Experian Hitwise, there was a 5.5% drop in U.S. visits last week to 1.16
million. True, the Google+ service still is by invitation only, so it is
reasonable that the growth ramp will be volatile. However, the more worrisome
development is that the average minutes spent on Google+ peaked in mid-July. The
key to a social network is engagement, right? No doubt, this is encouraging news
for Facebook. Lately, the company has had some high-profile setbacks, such as
the closing of its Places service as well as its daily deals program, which
competes with Groupon. But all in all, Facebook remains the clear dominant
player in social networking, with 750 million active users. As with anything in
the wild Internet world, it is difficult to judge any new service. Google
realizes it likely will take years to make headway with its social networking
efforts. But the problem is Facebook has been re-energized. For example, the
company recently went into "lockdown," which means its engineers are solely
focused on intense development. What's more, Facebooks expected IPO should be
another boost (the deal is expected in the first quarter of next year).
Relentlessly, the company likely will take away a growing share of the valuable
online advertising market. Now, such things are inevitable in a competitive
market. Yet there is something else that could prove even more troubling:
Google's recent $12.5 billion deal for Motorola Mobility (NYSE: MMI ). While
this will boost patent protection, it is a highly risky transaction. Google will
have the distraction of adding more than 19,000 employees. Besides, does the
company really want to operate large, low-margin manufacturing facilities across
the world? It looks like Google wants to pursue the Apple (NASDAQ: AAPL ) model
that is, having mobile offerings that have tight integration between software
and hardware. It's a reasonable strategy, but it will be incredibly tough to
pull off. Will an Android-Motorola handset really get much traction against an
iPhone? It seems unlikely at least for the next couple years. So for investors,
it's probably a good idea to be cautious on Google. Tom Taulli is the author
of various books, including "All About Commodities." He does not own a
position in any of the stocks named here.
social networking platform. So far, it has had two notable failures. But its
latest offering Google+ has gotten off to a strong start (since its launch in
late June). In fact, it actually is the fastest-growing web service ever. Yet
now signs are emerging that things are beginning to stall. According to analysis
from Experian Hitwise, there was a 5.5% drop in U.S. visits last week to 1.16
million. True, the Google+ service still is by invitation only, so it is
reasonable that the growth ramp will be volatile. However, the more worrisome
development is that the average minutes spent on Google+ peaked in mid-July. The
key to a social network is engagement, right? No doubt, this is encouraging news
for Facebook. Lately, the company has had some high-profile setbacks, such as
the closing of its Places service as well as its daily deals program, which
competes with Groupon. But all in all, Facebook remains the clear dominant
player in social networking, with 750 million active users. As with anything in
the wild Internet world, it is difficult to judge any new service. Google
realizes it likely will take years to make headway with its social networking
efforts. But the problem is Facebook has been re-energized. For example, the
company recently went into "lockdown," which means its engineers are solely
focused on intense development. What's more, Facebooks expected IPO should be
another boost (the deal is expected in the first quarter of next year).
Relentlessly, the company likely will take away a growing share of the valuable
online advertising market. Now, such things are inevitable in a competitive
market. Yet there is something else that could prove even more troubling:
Google's recent $12.5 billion deal for Motorola Mobility (NYSE: MMI ). While
this will boost patent protection, it is a highly risky transaction. Google will
have the distraction of adding more than 19,000 employees. Besides, does the
company really want to operate large, low-margin manufacturing facilities across
the world? It looks like Google wants to pursue the Apple (NASDAQ: AAPL ) model
that is, having mobile offerings that have tight integration between software
and hardware. It's a reasonable strategy, but it will be incredibly tough to
pull off. Will an Android-Motorola handset really get much traction against an
iPhone? It seems unlikely at least for the next couple years. So for investors,
it's probably a good idea to be cautious on Google. Tom Taulli is the author
of various books, including "All About Commodities." He does not own a
position in any of the stocks named here.
S&P 500 Tries to Leave August on a High Note
The Standard & Poors 500 Index was finishing its worst month since May with a
powerful kick, gaining almost 12 points, or about 1%, to over 1,224. Investors
reacted positively to reports on the labor and manufacturing sectors. For the
past five days of trading, the S&P is higher by more than 4%. Gold and oil were
down in the morning session. Today, advancing stocks outnumbered those declining
by better than 4-to-1. Leading the market higher by more than 5% was Joy Global
(NASDAQ: JOYG ), higher by around $4.25 to over $86.80. The farm and
construction machinery company reported higher profits of 46%, which pleased
Wall Street. JOY is up 13% for the week and 46% for the year. Also up more than
5% was Tesoro Corp. (NYSE: TSO ), gaining about $1.30 per share to around
$24.80. The oil and gas company was upgraded by RBC Capital Markets on
Wednesday, giving the company three upgrades since early July. Up more than 18%
for the week, Tesora has more than doubled for the year. Red Hat, Inc. (NYSE:
RHT ) picked up more than $1.70 in the morning session to over $39.50 a share, a
jump of more than 4.5%. The worlds leading provider of open source solutions
announced the expansion of customer involvement in Red Hat Enterprise Linux, its
next major product release. Red Hat is up more than 8% for the week and 9% for
the year. Down by almost 2% was Altera (NASDAQ: ALTR ), dropping more than 70
cents per share to under $36.70. Insider sales and a change in consensus analyst
rating were taking the PLD manufacturer lower. Altera is up more than 3% for the
week and 6% for the year. Altera received an "outperform" from Pacific Crest
this morning. It already was upgraded twice in August, by Miller Tabak and
Barclays Capital. Also down about 2% was CF Industries Holdings (NYSE: CF ),
losing about $3.75 per share to around $186. The chemical company was downgraded
in a consensus analyst report. There have been four positive analyst
recommendations for CF Holdings in the past month. The most recent, on Tuesday,
was the reiteration of a "strong buy" by Feltl and Company. Also on its way
down was semiconductor maker Xilinx (NASDAQ: XLNX ), off about 0.6% to under
$31.30, falling around 20 cents per share. Xilinc received a "market
perform" rating from Pacific Crest this morning. Jonathan Yates does not own
any of the stocks mentioned in this article.
powerful kick, gaining almost 12 points, or about 1%, to over 1,224. Investors
reacted positively to reports on the labor and manufacturing sectors. For the
past five days of trading, the S&P is higher by more than 4%. Gold and oil were
down in the morning session. Today, advancing stocks outnumbered those declining
by better than 4-to-1. Leading the market higher by more than 5% was Joy Global
(NASDAQ: JOYG ), higher by around $4.25 to over $86.80. The farm and
construction machinery company reported higher profits of 46%, which pleased
Wall Street. JOY is up 13% for the week and 46% for the year. Also up more than
5% was Tesoro Corp. (NYSE: TSO ), gaining about $1.30 per share to around
$24.80. The oil and gas company was upgraded by RBC Capital Markets on
Wednesday, giving the company three upgrades since early July. Up more than 18%
for the week, Tesora has more than doubled for the year. Red Hat, Inc. (NYSE:
RHT ) picked up more than $1.70 in the morning session to over $39.50 a share, a
jump of more than 4.5%. The worlds leading provider of open source solutions
announced the expansion of customer involvement in Red Hat Enterprise Linux, its
next major product release. Red Hat is up more than 8% for the week and 9% for
the year. Down by almost 2% was Altera (NASDAQ: ALTR ), dropping more than 70
cents per share to under $36.70. Insider sales and a change in consensus analyst
rating were taking the PLD manufacturer lower. Altera is up more than 3% for the
week and 6% for the year. Altera received an "outperform" from Pacific Crest
this morning. It already was upgraded twice in August, by Miller Tabak and
Barclays Capital. Also down about 2% was CF Industries Holdings (NYSE: CF ),
losing about $3.75 per share to around $186. The chemical company was downgraded
in a consensus analyst report. There have been four positive analyst
recommendations for CF Holdings in the past month. The most recent, on Tuesday,
was the reiteration of a "strong buy" by Feltl and Company. Also on its way
down was semiconductor maker Xilinx (NASDAQ: XLNX ), off about 0.6% to under
$31.30, falling around 20 cents per share. Xilinc received a "market
perform" rating from Pacific Crest this morning. Jonathan Yates does not own
any of the stocks mentioned in this article.
Markets will Probably Move Sideways Until After Monday - Then Silver and Gold Prices Could Really Jump
Gold Price Close Today : 1828.50 Change : 1.80 or 0.1% Silver Price Close Today
: 41.699 Change : 0.301 or 0.7% Gold Silver Ratio Today : 43.85 Change : -0.275
or -0.6% Silver Gold Ratio Today : 0.02281 Change : 0.000142 or 0.6% Platinum
Price Close Today : 1847.40 Change : -8.10 or -0.4% Palladium Price Close Today
: 782.90 Change : 0.00 or 0.0% S&P 500 : 1,218.89 Change : 5.97 or 0.5% Dow In
GOLD$ : $131.30 Change : $ 0.49 or 0.4% Dow in GOLD oz : 6.351 Change : 0.024 or
0.4% Dow in SILVER oz : 278.51 Change : -0.73 or -0.3% Dow Industrial :
11,613.53 Change : 53.58 or 0.5% US Dollar Index : 73.98 Change : 0.256 or 0.3%
Glanced over at Platinum and Palladium to see how they're doing. Palladium has
been very strong and looks something like silver. Now above all moving averages
and inertia is higher. Platinum looks more like gold in the past two weeks
(only), and is blocked by $1,850 resistance. If it can clear that, 'twill jump.
Let me refine what I said yesterday: the GOLD PRICE is pounding on the $1,840
ceiling, not $1,850. For the day it rose $1.80 to $1,828.50 on Comex, but the 5
day chart pictures a market stalled at $1,840, floating and bumping against the
ceiling like a kid's helium balloon. Today's low touched $1,811.35, adding more
strength to $1,810 support. So the GOLD PRICE has a range of $1,810 - $1,840,
more narrowly $1,820 - $1,840. Market has gone indecisive here, perhaps in the
lead-up to the Labor Day holiday. My wholesalers tell me retail dealers
yesterday were on balance selling GOLD to them, which is a bit negative.
Normally you would accord great weight to what market insiders -- like retail
dealers -- do, but an awful lot of retail gold dealers are scared money, and
don't do as well as the public. The premium on SILVER US 90% silver coin, on the
other hand, usually offers a reliable hint about silver's direction. When that
premium is dropping slightly, it's neutral or negative. When the premium climbs
suddenly, silver is about to turn up. Right now the "premium" is actually a
discount to the silver value, and a historically large discount at 125c an
ounce. Yet the SILVER PRICE 5 day chart shows silver in an uptrend since last
Friday. Today it rose another 30.1c to close Comex at 4169.9c, battering on the
4200c gate. The SILVER PRICE still must confirm its rise by closing successively
higher, first over 4200c then 4400c. From a longer view, silver has been
trending upward from an intraday low of 3230c on 14 May. With the last two days'
progress, silver must now guard support at 4100c. A close below that casts doubt
on silver's intentions. Markets will probably move sideways until after Monday.
Then silver and gold could really jump. The mighty US DOLLAR index on its shaky
legs managed to creep through 74 today and closed up 21.5 basis points (0.28%).
It remains in the same old trading range of 73.40 - 75.50, and hasn't even
conquered its 20 dma (74.23) yet, but it strengthens morale for it to climb
above 74. Eventually, in the next few months, the dollar will rally -- given it
falleth not below 72.70. The euro (I strive not to gloat) after gapping down
yesterday closed lower today, down 0.48% to 1.4377 and nearly on its 20 dma
(1.4352). In spite of all the Nice Government Men and all the genius central
bankers huffing, puffing, and blowing together with all their itty-might, the
euro will do well not to fall to the center of the earth. Unless it can clear
1.4550 followed quickly by 1.4700, it will visit 1.2000. With the yen the
Japanese NGM must feel like they are trying to hold a basketball underwater.
Rose again today to 130.54c/Y100 (Y76.60/$). Surely they must act soon to bring
it down. Stocks rose again today. Dow clumb 53.58 (0.46%) to 11,613.53 while the
S&P500 paced alongside, up 5.97 (0.49%) at 1,218.89. Stocks have now risen for
the last four days after Key Reversing last Friday. We are not amused,
impressed, or tempted to buy stocks. We wonder also why the yield is rising on
the US 10 year Treasury note and the 30 year bond. The Fed's interest rate
manipulations, after all, are applied to the Federal Funds rate, the overnight
rate it charges banks for borrowing. But the Fed setteth not interest rates; in
the final analysis, the MARKET setteth those rates. And when the market decides
that US debt paper is too expensive,they pay less and the interest rate rises.
Last I heard, rising interest rates are popularly (but wrongly) perceived as
death to the stock market. BWDIK -- But What Do I Know? Stocks -- they are the
strains of the Charleston wafting through the Museum of Investment Music. Martin
Armstrong made an interesting comment in his last newsletter that made a sort of
kink in my mind. From the yankee government's Greenback Act of 1862 forward, the
banking cartel was allowed to count US government bonds as reserves. But bonds
are -- debt! And how can debt be a reserve against cash that you owe depositors,
in the same class with gold coin? Just never had seen it quite this way before.
This was an earlier form of pyramiding, where they borrowed money into existence
with government debt, then pyramided on that by making it the backing for more
bank credit issues. Wow. It's like sitting in a tub, then pulling yourself up
into the sky by tugging on the handles. Ain't banking great? On 31 August 1521
Cortes captured the city of Tenochtitlan, the Aztec capital, and burned it. I
understand that a multitude of bleeding hearts today condemn Cortes, without
ever bothering to ask how a couple of thousand Spaniards could overthrow a
military empire of eleven million. Simple: they had native allies. The nations
subject to the Aztecs fought with the Spanish to throw off their yoke. The yoke
consisted of having to furnish thousands of human sacrifices yearly for the
Aztec temples. At one temple a Spaniard counted over 100,000 skulls in a skull
rack. The Aztec priests threw the victim onto an altar face up, sliced open the
chest with an obsidian knife then cut out the still beating heart. Bodies were
kicked down the pyramid and beheaded. Often the victims were skinned and the
priests wore the skins and ate the victims. Now me, if I had been one of those
subject peoples, I would have joined with the Spaniards or anybody else short of
the devil himself to get rid of the Aztecs, and I wouldn't have mourned 'em when
they were gone. Argentum et aurum comparenda sunt -- -- Gold and silver must be
bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures.
: 41.699 Change : 0.301 or 0.7% Gold Silver Ratio Today : 43.85 Change : -0.275
or -0.6% Silver Gold Ratio Today : 0.02281 Change : 0.000142 or 0.6% Platinum
Price Close Today : 1847.40 Change : -8.10 or -0.4% Palladium Price Close Today
: 782.90 Change : 0.00 or 0.0% S&P 500 : 1,218.89 Change : 5.97 or 0.5% Dow In
GOLD$ : $131.30 Change : $ 0.49 or 0.4% Dow in GOLD oz : 6.351 Change : 0.024 or
0.4% Dow in SILVER oz : 278.51 Change : -0.73 or -0.3% Dow Industrial :
11,613.53 Change : 53.58 or 0.5% US Dollar Index : 73.98 Change : 0.256 or 0.3%
Glanced over at Platinum and Palladium to see how they're doing. Palladium has
been very strong and looks something like silver. Now above all moving averages
and inertia is higher. Platinum looks more like gold in the past two weeks
(only), and is blocked by $1,850 resistance. If it can clear that, 'twill jump.
Let me refine what I said yesterday: the GOLD PRICE is pounding on the $1,840
ceiling, not $1,850. For the day it rose $1.80 to $1,828.50 on Comex, but the 5
day chart pictures a market stalled at $1,840, floating and bumping against the
ceiling like a kid's helium balloon. Today's low touched $1,811.35, adding more
strength to $1,810 support. So the GOLD PRICE has a range of $1,810 - $1,840,
more narrowly $1,820 - $1,840. Market has gone indecisive here, perhaps in the
lead-up to the Labor Day holiday. My wholesalers tell me retail dealers
yesterday were on balance selling GOLD to them, which is a bit negative.
Normally you would accord great weight to what market insiders -- like retail
dealers -- do, but an awful lot of retail gold dealers are scared money, and
don't do as well as the public. The premium on SILVER US 90% silver coin, on the
other hand, usually offers a reliable hint about silver's direction. When that
premium is dropping slightly, it's neutral or negative. When the premium climbs
suddenly, silver is about to turn up. Right now the "premium" is actually a
discount to the silver value, and a historically large discount at 125c an
ounce. Yet the SILVER PRICE 5 day chart shows silver in an uptrend since last
Friday. Today it rose another 30.1c to close Comex at 4169.9c, battering on the
4200c gate. The SILVER PRICE still must confirm its rise by closing successively
higher, first over 4200c then 4400c. From a longer view, silver has been
trending upward from an intraday low of 3230c on 14 May. With the last two days'
progress, silver must now guard support at 4100c. A close below that casts doubt
on silver's intentions. Markets will probably move sideways until after Monday.
Then silver and gold could really jump. The mighty US DOLLAR index on its shaky
legs managed to creep through 74 today and closed up 21.5 basis points (0.28%).
It remains in the same old trading range of 73.40 - 75.50, and hasn't even
conquered its 20 dma (74.23) yet, but it strengthens morale for it to climb
above 74. Eventually, in the next few months, the dollar will rally -- given it
falleth not below 72.70. The euro (I strive not to gloat) after gapping down
yesterday closed lower today, down 0.48% to 1.4377 and nearly on its 20 dma
(1.4352). In spite of all the Nice Government Men and all the genius central
bankers huffing, puffing, and blowing together with all their itty-might, the
euro will do well not to fall to the center of the earth. Unless it can clear
1.4550 followed quickly by 1.4700, it will visit 1.2000. With the yen the
Japanese NGM must feel like they are trying to hold a basketball underwater.
Rose again today to 130.54c/Y100 (Y76.60/$). Surely they must act soon to bring
it down. Stocks rose again today. Dow clumb 53.58 (0.46%) to 11,613.53 while the
S&P500 paced alongside, up 5.97 (0.49%) at 1,218.89. Stocks have now risen for
the last four days after Key Reversing last Friday. We are not amused,
impressed, or tempted to buy stocks. We wonder also why the yield is rising on
the US 10 year Treasury note and the 30 year bond. The Fed's interest rate
manipulations, after all, are applied to the Federal Funds rate, the overnight
rate it charges banks for borrowing. But the Fed setteth not interest rates; in
the final analysis, the MARKET setteth those rates. And when the market decides
that US debt paper is too expensive,they pay less and the interest rate rises.
Last I heard, rising interest rates are popularly (but wrongly) perceived as
death to the stock market. BWDIK -- But What Do I Know? Stocks -- they are the
strains of the Charleston wafting through the Museum of Investment Music. Martin
Armstrong made an interesting comment in his last newsletter that made a sort of
kink in my mind. From the yankee government's Greenback Act of 1862 forward, the
banking cartel was allowed to count US government bonds as reserves. But bonds
are -- debt! And how can debt be a reserve against cash that you owe depositors,
in the same class with gold coin? Just never had seen it quite this way before.
This was an earlier form of pyramiding, where they borrowed money into existence
with government debt, then pyramided on that by making it the backing for more
bank credit issues. Wow. It's like sitting in a tub, then pulling yourself up
into the sky by tugging on the handles. Ain't banking great? On 31 August 1521
Cortes captured the city of Tenochtitlan, the Aztec capital, and burned it. I
understand that a multitude of bleeding hearts today condemn Cortes, without
ever bothering to ask how a couple of thousand Spaniards could overthrow a
military empire of eleven million. Simple: they had native allies. The nations
subject to the Aztecs fought with the Spanish to throw off their yoke. The yoke
consisted of having to furnish thousands of human sacrifices yearly for the
Aztec temples. At one temple a Spaniard counted over 100,000 skulls in a skull
rack. The Aztec priests threw the victim onto an altar face up, sliced open the
chest with an obsidian knife then cut out the still beating heart. Bodies were
kicked down the pyramid and beheaded. Often the victims were skinned and the
priests wore the skins and ate the victims. Now me, if I had been one of those
subject peoples, I would have joined with the Spaniards or anybody else short of
the devil himself to get rid of the Aztecs, and I wouldn't have mourned 'em when
they were gone. Argentum et aurum comparenda sunt -- -- Gold and silver must be
bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures.
Telecom a Two-Horse Race Even if AT&T, T-Mobile Deal Fails
Poor AT&T (NYSE: T ). We just learned today that the Department of Justice will
try to block its proposed merger with T-Mobile. How will AT&T muddle through
with a measly $125 billion in annual revenue and just 110 million wireless
subscribers? Whatever will the company do with its $3.8 billion cash stockpile
if it can't buy this competitor? In case you haven't sensed the sarcasm yet,
wake up and smell the coffee. AT&T hardly is on the brink of collapse and hardly
a bit player in the telecom sector. The sad reality is that the mobile
marketplace has been consolidating for some time, and this will continue with or
without the merger. Yes, the disappointment at AT&T is palpable today, reflected
in a 3% decline in its stock so far today. Similarly, the relief at battered No.
3 telecom Sprint (NYSE: S ) is significant. Sprint saw its stock pop as much as
10% today. But beyond these short-term reactions, we have to remember three
important things: First, AT&T and compatriot Verizon (NYSE: VZ ) already are
entrenched as the leaders in mobile. AT&T holds 27% of wireless subscribers and
Verizon boasts well over 30%. More importantly, both are soundly profitable and
throw off tremendous amounts of cash compared with Sprint, which hasn't
turned a profit since early 2007. Secondly, T-Mobile might not be long for this
world even if the buyout has been squashed. Sprint reportedly is getting the
Apple (NASDAQ: AAPL ) iPhone in October, based on reports from The Wall Street
Journal and other reputable sources. We all know that carriers are beholden to
their hardware, and T-Mobile will remain on the outside looking in. Worse, there
are many experts that say the iPhone 5 wont even be able to save Sprint . So
where does that leave T-Mobile? T-Mobile already has lost 150,000 subscribers so
far on the year, and we're not even to September yet. The writing is on the
wall. Third, consumers shouldn't fool themselves into thinking that this is
some kind victory for choice. Consider that a few months ago, AT&T unveiled
plans to eliminate its unlimited mobile phone data plan and replace it with
capped options. Verizon soon after moved to do the same thing. Yes, T-Mobile and
Sprint still offer the packages, but how much longer can they afford to do so?
Sprint still is far from break-even, and T-Mobile's Q2 report showed profits
fell by nearly half from the same period last year. Offering more services at a
lower price sounds all well and good, but the math just isn't adding up for
the smaller carriers. So what's next for AT&T, Verizon and wireless customers
in the U.S.? Well, investors should consider this news a buying opportunity in
AT&T stock after the sell-off. The dividend of 6% is reason enough to buy shares
that's almost three times the rate of return you would get in a CD or
high-yield savings account. And out of 25 price targets for AT&T stock, the
highest target is $36 for shares and the lowest is $29 meaning every expert
expects shares to go up from current levels. The only question is whether they
go up a little or a lot. As for consumers, expect the status quo to remain
intact, with AT&T and Verizon slowly wearing away competitors T-Mobile and
Sprint. Eventually something has to give and surely one of those things will be
Sprint or T-Mobile. The only question is how long it will take. Jeff Reeves is
editor of InvestorPlace.com. As of this writing, he did not own a position in
any of the stocks named here. Follow him on Twitter via @JeffReevesIP and become
a fan of InvestorPlace on Facebook .
try to block its proposed merger with T-Mobile. How will AT&T muddle through
with a measly $125 billion in annual revenue and just 110 million wireless
subscribers? Whatever will the company do with its $3.8 billion cash stockpile
if it can't buy this competitor? In case you haven't sensed the sarcasm yet,
wake up and smell the coffee. AT&T hardly is on the brink of collapse and hardly
a bit player in the telecom sector. The sad reality is that the mobile
marketplace has been consolidating for some time, and this will continue with or
without the merger. Yes, the disappointment at AT&T is palpable today, reflected
in a 3% decline in its stock so far today. Similarly, the relief at battered No.
3 telecom Sprint (NYSE: S ) is significant. Sprint saw its stock pop as much as
10% today. But beyond these short-term reactions, we have to remember three
important things: First, AT&T and compatriot Verizon (NYSE: VZ ) already are
entrenched as the leaders in mobile. AT&T holds 27% of wireless subscribers and
Verizon boasts well over 30%. More importantly, both are soundly profitable and
throw off tremendous amounts of cash compared with Sprint, which hasn't
turned a profit since early 2007. Secondly, T-Mobile might not be long for this
world even if the buyout has been squashed. Sprint reportedly is getting the
Apple (NASDAQ: AAPL ) iPhone in October, based on reports from The Wall Street
Journal and other reputable sources. We all know that carriers are beholden to
their hardware, and T-Mobile will remain on the outside looking in. Worse, there
are many experts that say the iPhone 5 wont even be able to save Sprint . So
where does that leave T-Mobile? T-Mobile already has lost 150,000 subscribers so
far on the year, and we're not even to September yet. The writing is on the
wall. Third, consumers shouldn't fool themselves into thinking that this is
some kind victory for choice. Consider that a few months ago, AT&T unveiled
plans to eliminate its unlimited mobile phone data plan and replace it with
capped options. Verizon soon after moved to do the same thing. Yes, T-Mobile and
Sprint still offer the packages, but how much longer can they afford to do so?
Sprint still is far from break-even, and T-Mobile's Q2 report showed profits
fell by nearly half from the same period last year. Offering more services at a
lower price sounds all well and good, but the math just isn't adding up for
the smaller carriers. So what's next for AT&T, Verizon and wireless customers
in the U.S.? Well, investors should consider this news a buying opportunity in
AT&T stock after the sell-off. The dividend of 6% is reason enough to buy shares
that's almost three times the rate of return you would get in a CD or
high-yield savings account. And out of 25 price targets for AT&T stock, the
highest target is $36 for shares and the lowest is $29 meaning every expert
expects shares to go up from current levels. The only question is whether they
go up a little or a lot. As for consumers, expect the status quo to remain
intact, with AT&T and Verizon slowly wearing away competitors T-Mobile and
Sprint. Eventually something has to give and surely one of those things will be
Sprint or T-Mobile. The only question is how long it will take. Jeff Reeves is
editor of InvestorPlace.com. As of this writing, he did not own a position in
any of the stocks named here. Follow him on Twitter via @JeffReevesIP and become
a fan of InvestorPlace on Facebook .
Vertex Scores Big With Hepatitis Drug
Vertex Pharmaceuticals (Nasdaq: VRTX ) is turning what was touted as a
two-horse race into a romp as the company's new hepatitis C drug Incivek has
left Merck's (NYSE: MRK ) and its competing Victrelis stuck in the starting
gate. Although both medications received FDA approval within days of each other,
Incivek is outselling Victrelis by a 4-to-1 margin. In its first five weeks on
the market, industry followers thought Incivek sales would hit about $31
million. The company more than doubled that figure. But can it keep up the pace?
The key will be what happens in the third quarter. If prescriptions don't grow
at all, sales would be about $345 million, while slow growth would lead to $410
million. If the current pace continues, quarterly sales should reach $458
million. Sanford C. Bernstein analyst Geoffrey Porges says that if the drug
continues its current growth rate, full-year sales could hit $1.2 billion.
What's even more impressive is that the blockbuster wasn't even launched
until May.
two-horse race into a romp as the company's new hepatitis C drug Incivek has
left Merck's (NYSE: MRK ) and its competing Victrelis stuck in the starting
gate. Although both medications received FDA approval within days of each other,
Incivek is outselling Victrelis by a 4-to-1 margin. In its first five weeks on
the market, industry followers thought Incivek sales would hit about $31
million. The company more than doubled that figure. But can it keep up the pace?
The key will be what happens in the third quarter. If prescriptions don't grow
at all, sales would be about $345 million, while slow growth would lead to $410
million. If the current pace continues, quarterly sales should reach $458
million. Sanford C. Bernstein analyst Geoffrey Porges says that if the drug
continues its current growth rate, full-year sales could hit $1.2 billion.
What's even more impressive is that the blockbuster wasn't even launched
until May.
Top 10 Rebounding Food Stocks: JVA, GMCR, VIFL, DAR, OME, DMND, SANW, WFM, GRO, PEET (Aug 31, 2011)
Below are the top 10 rebounding Food stocks. These companies are interesting
turnaround stories. One Chinese company (GRO) is on the list. Coffee Holding
Co., Inc. (NASDAQ:JVA) is the 1st best rebounding stock in this segment of the
market. It has risen 480% from its 52-week low. It is now trading at 69% of its
52-week high. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the 2nd best
rebounding stock in this segment of the market. It has risen 294% from its
52-week low. It is now trading at 92% of its 52-week high. Food Technology
Service (NASDAQ:VIFL) is the 3rd best rebounding stock in this segment of the
market. It has risen 210% from its 52-week low. It is now trading at 88% of its
52-week high. Darling International Inc. (NYSE:DAR) is the 4th best rebounding
stock in this segment of the market. It has risen 127% from its 52-week low. It
is now trading at 86% of its 52-week high. Omega Protein Corporation (NYSE:OME)
is the 5th best rebounding stock in this segment of the market. It has risen
114% from its 52-week low. It is now trading at 77% of its 52-week high. Diamond
Foods, Inc. (NASDAQ:DMND) is the 6th best rebounding stock in this segment of
the market. It has risen 107% from its 52-week low. It is now trading at 99% of
its 52-week high. S&W Seed Company (NASDAQ:SANW) is the 7th best rebounding
stock in this segment of the market. It has risen 104% from its 52-week low. It
is now trading at 98% of its 52-week high. Whole Foods Market, Inc. (NASDAQ:WFM)
is the 8th best rebounding stock in this segment of the market. It has risen 87%
from its 52-week low. It is now trading at 94% of its 52-week high. Agria
Corporation (ADR) (NYSE:GRO) is the 9th best rebounding stock in this segment of
the market. It has risen 84% from its 52-week low. It is now trading at 55% of
its 52-week high. Peets Coffee & Tea, Inc. (NASDAQ:PEET) is the 10th best
rebounding stock in this segment of the market. It has risen 75% from its
52-week low. It is now trading at 91% of its 52-week high.
turnaround stories. One Chinese company (GRO) is on the list. Coffee Holding
Co., Inc. (NASDAQ:JVA) is the 1st best rebounding stock in this segment of the
market. It has risen 480% from its 52-week low. It is now trading at 69% of its
52-week high. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the 2nd best
rebounding stock in this segment of the market. It has risen 294% from its
52-week low. It is now trading at 92% of its 52-week high. Food Technology
Service (NASDAQ:VIFL) is the 3rd best rebounding stock in this segment of the
market. It has risen 210% from its 52-week low. It is now trading at 88% of its
52-week high. Darling International Inc. (NYSE:DAR) is the 4th best rebounding
stock in this segment of the market. It has risen 127% from its 52-week low. It
is now trading at 86% of its 52-week high. Omega Protein Corporation (NYSE:OME)
is the 5th best rebounding stock in this segment of the market. It has risen
114% from its 52-week low. It is now trading at 77% of its 52-week high. Diamond
Foods, Inc. (NASDAQ:DMND) is the 6th best rebounding stock in this segment of
the market. It has risen 107% from its 52-week low. It is now trading at 99% of
its 52-week high. S&W Seed Company (NASDAQ:SANW) is the 7th best rebounding
stock in this segment of the market. It has risen 104% from its 52-week low. It
is now trading at 98% of its 52-week high. Whole Foods Market, Inc. (NASDAQ:WFM)
is the 8th best rebounding stock in this segment of the market. It has risen 87%
from its 52-week low. It is now trading at 94% of its 52-week high. Agria
Corporation (ADR) (NYSE:GRO) is the 9th best rebounding stock in this segment of
the market. It has risen 84% from its 52-week low. It is now trading at 55% of
its 52-week high. Peets Coffee & Tea, Inc. (NASDAQ:PEET) is the 10th best
rebounding stock in this segment of the market. It has risen 75% from its
52-week low. It is now trading at 91% of its 52-week high.
What iPad Killers Can Learn From Xbox
The tablet PC market has taken a strange turn in the back half of summer.
Theres no disputing that Apple s (NASDAQ: AAPL ) iPad still is the face of the
industry, with 30 million sold since hitting stores in April 2010. But while
Apple continues to dominate, competitors are finding roles to play. Reasearch In
Motion s (NASDAQ: RIMM ) BlackBerry PlayBook hasnt been a hit with consumers,
but it became the first tablet to receive Federal Information Processing
Standard certification in July, making the U.S. government a lucrative customer.
Hewlett-Packard s (NYSE: HPQ ) TouchPad tanked so hard that HP made a full
retreat from the portables business, but since retailers began liquidating the
device at a $99, it has sold out, leading some to think that HPs bow was merely
a feint . Even e-readers the technology that the iPad was supposed to have
wiped out by now are doing well. Barnes & Noble s (NYSE: BKS ) Nook business
has grown 140% year-over-year . When it comes to technology, there never has
been a shortage of titans one company or device that simply defines a market,
leaving its competitors to catch up. Apple has danced this number before with
its iPod media player. Sony (NYSE: SNE ) did it before Apple, with the Walkman
and Discman cassette and CD players literally defining the language people used
to describe portable music players. However, investors following the tablet
market of late 2011 shouldnt necessarily look at those examples as predictors of
whats to come. A closer model of how the market is diversifying is the video
game console market of 2004 to around 2006. Prior to that period, there was a
clear dominant device in the market: Sonys PlayStation 2. At the time, Sony and
its core competitors Microsoft (NASDAQ: MSFT ) and Nintendo (PINK: NTDOY )
offered very similar products. The PlayStation 2, original Xbox and GameCube
were indistinguishable from each other to the average consumer, much in the same
way that tablets like Samsung s (PINK: SSNLF ) Galaxy Tab and Motorola s (NYSE:
MMI ) Xoom are indistinguishable from the iPad. The PlayStation 2 dominated
thanks to its superior services. In that case, it was DVD playback and a
desirable library of games. In the iPads case, its the attractiveness of apps
like Facetime as well as the quality of the App Store and iTunes. The market
that later emerged, however, was much more evenly split, and it was because
Sony, Microsoft and Nintendo began offering very different things with their
devices. The Xbox 360 released in 2005 and sold itself by having not only
high-end graphics but also Xbox Live, an online network that combined for-pay
online gaming for users, social networking services and digital distribution of
goods. Nintendo, meanwhile, released the Wii in 2006, a technologically inferior
device that won over audiences with novelty in its case, a wand-like
motion-based controller, as well as curious games like fitness trainer Wii Fit .
At the same time, Sony released the PlayStation 3, which was intended as a
technological behemoth with support of the then-new Blu-ray disc format. During
the next few years, Nintendos Wii outsold its competitors nearly 2-to-1 on a
monthly basis, but since 2009 all three devices have remained competitive with
one another, suiting disparate audiences with specific wants. The tablet market
is beginning to head in this direction. RIMs PlayBook is finding its role as a
service device for government and business . Amazon (NASDAQ: AMZN ) is said to
be preparing its own tablet that will be significantly cheaper and less
technologically advanced than the iPad, making it ideal for curious parties
without $500 to spend on a flashy device. Given its history with the beefy Xoom,
Google s (NASDAQ: GOOG ) first tablet made with Motorola as a wholly owned
subsidiary might even pursue the ultra-high-end market looking for something
more advanced than Apples machine. For right now, the iPad is the tablet market
all on its own, but patterns from the past show theres always room for more in
the technology space. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
Theres no disputing that Apple s (NASDAQ: AAPL ) iPad still is the face of the
industry, with 30 million sold since hitting stores in April 2010. But while
Apple continues to dominate, competitors are finding roles to play. Reasearch In
Motion s (NASDAQ: RIMM ) BlackBerry PlayBook hasnt been a hit with consumers,
but it became the first tablet to receive Federal Information Processing
Standard certification in July, making the U.S. government a lucrative customer.
Hewlett-Packard s (NYSE: HPQ ) TouchPad tanked so hard that HP made a full
retreat from the portables business, but since retailers began liquidating the
device at a $99, it has sold out, leading some to think that HPs bow was merely
a feint . Even e-readers the technology that the iPad was supposed to have
wiped out by now are doing well. Barnes & Noble s (NYSE: BKS ) Nook business
has grown 140% year-over-year . When it comes to technology, there never has
been a shortage of titans one company or device that simply defines a market,
leaving its competitors to catch up. Apple has danced this number before with
its iPod media player. Sony (NYSE: SNE ) did it before Apple, with the Walkman
and Discman cassette and CD players literally defining the language people used
to describe portable music players. However, investors following the tablet
market of late 2011 shouldnt necessarily look at those examples as predictors of
whats to come. A closer model of how the market is diversifying is the video
game console market of 2004 to around 2006. Prior to that period, there was a
clear dominant device in the market: Sonys PlayStation 2. At the time, Sony and
its core competitors Microsoft (NASDAQ: MSFT ) and Nintendo (PINK: NTDOY )
offered very similar products. The PlayStation 2, original Xbox and GameCube
were indistinguishable from each other to the average consumer, much in the same
way that tablets like Samsung s (PINK: SSNLF ) Galaxy Tab and Motorola s (NYSE:
MMI ) Xoom are indistinguishable from the iPad. The PlayStation 2 dominated
thanks to its superior services. In that case, it was DVD playback and a
desirable library of games. In the iPads case, its the attractiveness of apps
like Facetime as well as the quality of the App Store and iTunes. The market
that later emerged, however, was much more evenly split, and it was because
Sony, Microsoft and Nintendo began offering very different things with their
devices. The Xbox 360 released in 2005 and sold itself by having not only
high-end graphics but also Xbox Live, an online network that combined for-pay
online gaming for users, social networking services and digital distribution of
goods. Nintendo, meanwhile, released the Wii in 2006, a technologically inferior
device that won over audiences with novelty in its case, a wand-like
motion-based controller, as well as curious games like fitness trainer Wii Fit .
At the same time, Sony released the PlayStation 3, which was intended as a
technological behemoth with support of the then-new Blu-ray disc format. During
the next few years, Nintendos Wii outsold its competitors nearly 2-to-1 on a
monthly basis, but since 2009 all three devices have remained competitive with
one another, suiting disparate audiences with specific wants. The tablet market
is beginning to head in this direction. RIMs PlayBook is finding its role as a
service device for government and business . Amazon (NASDAQ: AMZN ) is said to
be preparing its own tablet that will be significantly cheaper and less
technologically advanced than the iPad, making it ideal for curious parties
without $500 to spend on a flashy device. Given its history with the beefy Xoom,
Google s (NASDAQ: GOOG ) first tablet made with Motorola as a wholly owned
subsidiary might even pursue the ultra-high-end market looking for something
more advanced than Apples machine. For right now, the iPad is the tablet market
all on its own, but patterns from the past show theres always room for more in
the technology space. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
Sirius XM Radio Is a Zombie Stock
Sirius XM Radio (NASDAQ: SIRI ) refuses to die. The satellite radio provider
last escaped the guillotine in 2009 after John Malone's Liberty Media agreed
to invest $530 million to enable Howard Stern's corporate home to avoid
bankruptcy. Shares at the time were trading for six cents. Yesterday, they
closed at a $1.80. While that's a humongous share price increase, the low
stock price also reflects the continual unease that many investors have about
New York-based Sirius, which long has been a favorite of short sellers. During
the last earnings conference call, CEO Mel Karmazin told Wall Street that Sirius
would add 1.6 million subscribers in 2011, a 13% increase versus last year. He
also dismissed talk about upstarts such as Pandora (NYSE: P ), which has tumbled
more than 20% since its June IPO, and bragged about the rise in Sirius' free
cash flow. "I know that there is a great deal of conversation about all the
competition we face, but SiriusXM is so well positioned in this market we
continue to grow, and as a matter of fact, our growth in subscribers is
accelerating year-over-year," Karmazin said on the earnings conference call .
"This growth is a verification of our unique and very desirable service."
The fact that Sirius still exists is a tribute to Karmazin's management savvy.
The company had $528.33 million in cash and equivalents as of the most recent
quarter. Long-term debt topped $2.6 billion. The company has more than 21
million subscribers while only allowing total operating expenses to rise 2% in
the last quarter. Its churn rate was stable and its subscriber acquisition costs
fell. Many new vehicles sold in the U.S. today are equipped with a satellite
radio, a technology some expected to go the way of the Betamax by now.
Nonetheless, there is little to recommend about the stock. Sirius trades at a
lofty price-to-earnings multiple of 75 based on earnings estimates for the
current year. Remember, the average multiple for the S&P 500 is about 16. The
company earned $173.3 million, or three cents per share, in the second quarter.
Although that is a vast improvement over the previous year, its still pathetic.
Revenue rose 6.4% to $744.4 million, which was below Wall Street expectations.
The company expects revenue to hit $3 billion in the current fiscal year, which
also is pretty weak. Analysts have an average target price on Sirius of $2.40.
The shares are being pushed up by the hype surrounding its next-generation
radio, dubbed Sirius 2.0. Two devices are slated to be released later this year
that will contain enhanced features and functionality. The company has not given
a specific date, though it expects to announce a deal by the end of the year for
Sirius 2.0 to be factory-installed by one of its OEM partners it declined to
name. When it comes to Sirius, investors need to be cautious. A good, stiff wind
will send the shares careening into an abyss. Pandora, though much smaller than
Sirius, remains a long-term threat. A double-dip recession will cause auto
sales, which weakened in the second quarter, to fall further. That will, in
turn, hurt Sirius. Cash-strapped consumers also will be more apt to curtail
discretionary spending on items such as satellite radio subscriptions. Moreover,
Liberty received 12.5 million preferred shares in Sirius as part of its
financial rescue of the satellite radio company. They are convertible to up to
40% of Sirius' common equity . That alone is reason to avoid the stock.
Jonathan Berr does not own shares of any of the companies listed. Follow him on
Twitter at @jdberr.
last escaped the guillotine in 2009 after John Malone's Liberty Media agreed
to invest $530 million to enable Howard Stern's corporate home to avoid
bankruptcy. Shares at the time were trading for six cents. Yesterday, they
closed at a $1.80. While that's a humongous share price increase, the low
stock price also reflects the continual unease that many investors have about
New York-based Sirius, which long has been a favorite of short sellers. During
the last earnings conference call, CEO Mel Karmazin told Wall Street that Sirius
would add 1.6 million subscribers in 2011, a 13% increase versus last year. He
also dismissed talk about upstarts such as Pandora (NYSE: P ), which has tumbled
more than 20% since its June IPO, and bragged about the rise in Sirius' free
cash flow. "I know that there is a great deal of conversation about all the
competition we face, but SiriusXM is so well positioned in this market we
continue to grow, and as a matter of fact, our growth in subscribers is
accelerating year-over-year," Karmazin said on the earnings conference call .
"This growth is a verification of our unique and very desirable service."
The fact that Sirius still exists is a tribute to Karmazin's management savvy.
The company had $528.33 million in cash and equivalents as of the most recent
quarter. Long-term debt topped $2.6 billion. The company has more than 21
million subscribers while only allowing total operating expenses to rise 2% in
the last quarter. Its churn rate was stable and its subscriber acquisition costs
fell. Many new vehicles sold in the U.S. today are equipped with a satellite
radio, a technology some expected to go the way of the Betamax by now.
Nonetheless, there is little to recommend about the stock. Sirius trades at a
lofty price-to-earnings multiple of 75 based on earnings estimates for the
current year. Remember, the average multiple for the S&P 500 is about 16. The
company earned $173.3 million, or three cents per share, in the second quarter.
Although that is a vast improvement over the previous year, its still pathetic.
Revenue rose 6.4% to $744.4 million, which was below Wall Street expectations.
The company expects revenue to hit $3 billion in the current fiscal year, which
also is pretty weak. Analysts have an average target price on Sirius of $2.40.
The shares are being pushed up by the hype surrounding its next-generation
radio, dubbed Sirius 2.0. Two devices are slated to be released later this year
that will contain enhanced features and functionality. The company has not given
a specific date, though it expects to announce a deal by the end of the year for
Sirius 2.0 to be factory-installed by one of its OEM partners it declined to
name. When it comes to Sirius, investors need to be cautious. A good, stiff wind
will send the shares careening into an abyss. Pandora, though much smaller than
Sirius, remains a long-term threat. A double-dip recession will cause auto
sales, which weakened in the second quarter, to fall further. That will, in
turn, hurt Sirius. Cash-strapped consumers also will be more apt to curtail
discretionary spending on items such as satellite radio subscriptions. Moreover,
Liberty received 12.5 million preferred shares in Sirius as part of its
financial rescue of the satellite radio company. They are convertible to up to
40% of Sirius' common equity . That alone is reason to avoid the stock.
Jonathan Berr does not own shares of any of the companies listed. Follow him on
Twitter at @jdberr.
Gold Futures Rise 12.3% in August, Best Month Since Nov. 09
Gold futures inched higher on Wednesday, with the COMEX December 2011 contract
settling higher by $1.90, or 0.1%, at $1,831.70 per ounce. In doing so, COMEX
gold futures posted a 12.3% gain in August, marking its best month since a 12.8%
surge in November 2009. Silver rallied alongside the yellow metal today, by
$0.30, or 0.7%, to $41.77 per ounce. For the month, silver lagged gold, as it
advanced 5.3%.
settling higher by $1.90, or 0.1%, at $1,831.70 per ounce. In doing so, COMEX
gold futures posted a 12.3% gain in August, marking its best month since a 12.8%
surge in November 2009. Silver rallied alongside the yellow metal today, by
$0.30, or 0.7%, to $41.77 per ounce. For the month, silver lagged gold, as it
advanced 5.3%.
THQ Inc. (NASDAQ:THQI) To Publish Haunted Mod
THQ Inc. (NASDAQ:THQI) has plans to publish the award-winning unreal mod,
'The Haunted' on PC, PSN and XBLA. THQ Inc. (NASDAQ:THQI) To Publish Haunted
Mod THQ Inc. (NASDAQ:THQI) has announced its plan to publish PSN, XBLA and PC
versions of 'The Haunted: Hells Reach' which was the winner of the $50,000
top prize in Intels 2010 Build Something Unreal Contest. The Unreal Tournament 3
mod is at present accessible for free download to the owners of the core game,
but THQ Inc. (NASDAQ:THQI) will sell 'The Haunted' as a $19.99 standalone PC
title this October through its ValuSoft label. THQ Inc. (NASDAQ:THQI) stocks
were at 1.9 at the end of the last days trading. Theres been a -53.5% change in
the stock price over the past 3 months. THQ Inc. (NASDAQ:THQI) Analyst Advice
Consensus Opinion: Hold Mean recommendation: 2.63 (1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.72 Zacks Rank: 9 out of 10 in the industry
'The Haunted' on PC, PSN and XBLA. THQ Inc. (NASDAQ:THQI) To Publish Haunted
Mod THQ Inc. (NASDAQ:THQI) has announced its plan to publish PSN, XBLA and PC
versions of 'The Haunted: Hells Reach' which was the winner of the $50,000
top prize in Intels 2010 Build Something Unreal Contest. The Unreal Tournament 3
mod is at present accessible for free download to the owners of the core game,
but THQ Inc. (NASDAQ:THQI) will sell 'The Haunted' as a $19.99 standalone PC
title this October through its ValuSoft label. THQ Inc. (NASDAQ:THQI) stocks
were at 1.9 at the end of the last days trading. Theres been a -53.5% change in
the stock price over the past 3 months. THQ Inc. (NASDAQ:THQI) Analyst Advice
Consensus Opinion: Hold Mean recommendation: 2.63 (1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.72 Zacks Rank: 9 out of 10 in the industry
Top 10 Rebounding Electrical Stocks: PFIN, IPGP, HRBN, ZBB, CCIX, FARO, HYGS, CPST, TRNS, AETI (Aug 31, 2011)
Below are the top 10 rebounding Electrical stocks. These companies are
interesting turnaround stories. One Chinese company (HRBN) is on the list. P & F
Industries, Inc. (NASDAQ:PFIN) is the 1st best rebounding stock in this segment
of the market. It has risen 224% from its 52-week low. It is now trading at 94%
of its 52-week high. IPG Photonics Corporation (NASDAQ:IPGP) is the 2nd best
rebounding stock in this segment of the market. It has risen 193% from its
52-week low. It is now trading at 74% of its 52-week high. Harbin Electric, Inc.
(NASDAQ:HRBN) is the 3rd best rebounding stock in this segment of the market. It
has risen 181% from its 52-week low. It is now trading at 65% of its 52-week
high. ZBB Energy Corporation (AMEX:ZBB) is the 4th best rebounding stock in this
segment of the market. It has risen 151% from its 52-week low. It is now trading
at 65% of its 52-week high. Coleman Cable, Inc. (NASDAQ:CCIX) is the 5th best
rebounding stock in this segment of the market. It has risen 147% from its
52-week low. It is now trading at 75% of its 52-week high. FARO Technologies,
Inc. (NASDAQ:FARO) is the 6th best rebounding stock in this segment of the
market. It has risen 115% from its 52-week low. It is now trading at 79% of its
52-week high. Hydrogenics Corporation (USA) (NASDAQ:HYGS) is the 7th best
rebounding stock in this segment of the market. It has risen 96% from its
52-week low. It is now trading at 74% of its 52-week high. Capstone Turbine
Corporation (NASDAQ:CPST) is the 8th best rebounding stock in this segment of
the market. It has risen 93% from its 52-week low. It is now trading at 56% of
its 52-week high. Transcat, Inc. (NASDAQ:TRNS) is the 9th best rebounding stock
in this segment of the market. It has risen 90% from its 52-week low. It is now
trading at 98% of its 52-week high. American Electric Technologies, Inc.
(NASDAQ:AETI) is the 10th best rebounding stock in this segment of the market.
It has risen 90% from its 52-week low. It is now trading at 95% of its 52-week
high.
interesting turnaround stories. One Chinese company (HRBN) is on the list. P & F
Industries, Inc. (NASDAQ:PFIN) is the 1st best rebounding stock in this segment
of the market. It has risen 224% from its 52-week low. It is now trading at 94%
of its 52-week high. IPG Photonics Corporation (NASDAQ:IPGP) is the 2nd best
rebounding stock in this segment of the market. It has risen 193% from its
52-week low. It is now trading at 74% of its 52-week high. Harbin Electric, Inc.
(NASDAQ:HRBN) is the 3rd best rebounding stock in this segment of the market. It
has risen 181% from its 52-week low. It is now trading at 65% of its 52-week
high. ZBB Energy Corporation (AMEX:ZBB) is the 4th best rebounding stock in this
segment of the market. It has risen 151% from its 52-week low. It is now trading
at 65% of its 52-week high. Coleman Cable, Inc. (NASDAQ:CCIX) is the 5th best
rebounding stock in this segment of the market. It has risen 147% from its
52-week low. It is now trading at 75% of its 52-week high. FARO Technologies,
Inc. (NASDAQ:FARO) is the 6th best rebounding stock in this segment of the
market. It has risen 115% from its 52-week low. It is now trading at 79% of its
52-week high. Hydrogenics Corporation (USA) (NASDAQ:HYGS) is the 7th best
rebounding stock in this segment of the market. It has risen 96% from its
52-week low. It is now trading at 74% of its 52-week high. Capstone Turbine
Corporation (NASDAQ:CPST) is the 8th best rebounding stock in this segment of
the market. It has risen 93% from its 52-week low. It is now trading at 56% of
its 52-week high. Transcat, Inc. (NASDAQ:TRNS) is the 9th best rebounding stock
in this segment of the market. It has risen 90% from its 52-week low. It is now
trading at 98% of its 52-week high. American Electric Technologies, Inc.
(NASDAQ:AETI) is the 10th best rebounding stock in this segment of the market.
It has risen 90% from its 52-week low. It is now trading at 95% of its 52-week
high.
Wednesday Apple Rumors: Uncle Sam Slaps Down AT&T/T-Mobile
Here are your Apple news items and rumors for Wednesday: Uncle Sam Slaps Down
AT&T/T-Mobile: The U.S. government moved to block AT&T s (NYSE: T ) merger with
Deutsche Telekoms T-Mobile USA on Wednesday. An antitrust complaint was filed
that claims the merger would substantially lessen competition, according to a
report at Bloomberg . AT&Ts elimination of T-Mobile as an independent,
low-priced rival would remove a significant competitive force from the market,
the filing reads. AT&T shares fell more than 3% on Wednesday morning following
the announcement. While AT&Ts shareholders are undoubtedly disappointed by this
development, it comes as good news to Verizon (NYSE: VZ ), Sprint (NYSE: S ) and
numerous small telecoms. iCloudless Skies for iPhone, iPad Users: For anyone
excited about having streaming access on their Apple (NASDAQ: AAPL ) iPhone and
iPad to all the music and movies stored in their iTunes via the new iCloud
service, youre in for a rude awakening. iTunes Match and iCloud do not stream
content to Apples portable devices. The lack of streaming support was confirmed
in a Tuesday report at All Things Digital . What iOS users will be able to do is
access their stored library of media through iTunes Match, then download it
directly to their device. This distinguishes iCloud from competitors like Google
(NASDAQ: GOOG ) and Amazon s (NASDAQ: AMZN ) cloud services. Turn Left at
Low-Cost Garmin Navigation App: Up until now, Garmin s (NASDAQ: GRMN ) GPS app
for the iPhone and iPad has been one expensive piece of technology, running
users $60 for a single download. Realizing thats an untenable business model for
a company whose technology is slowly being outmoded, Garming has introduced the
Garmin StreetPilot onDemand app. The new GPS navigation program uses a
subscription pay model rather than a flat fee, running users 99 cents per month.
This lighter version of StreetPilot provides public transportation info for 31
cities and does spoken turn-by-turn directions in the vintage Garmin style. Of
course, GPS navigation tools with spoken turn-by-turn directions come free in
some Android phones, such as HTCs Thunderbolt. Consumers tend to like things
that cost nothing more than they like things that cost a dollar. Garmin should
explore that. As of this writing, Anthony John Agnello did not own a position in
any of the stocks named here. Follow him on Twitter at
AT&T/T-Mobile: The U.S. government moved to block AT&T s (NYSE: T ) merger with
Deutsche Telekoms T-Mobile USA on Wednesday. An antitrust complaint was filed
that claims the merger would substantially lessen competition, according to a
report at Bloomberg . AT&Ts elimination of T-Mobile as an independent,
low-priced rival would remove a significant competitive force from the market,
the filing reads. AT&T shares fell more than 3% on Wednesday morning following
the announcement. While AT&Ts shareholders are undoubtedly disappointed by this
development, it comes as good news to Verizon (NYSE: VZ ), Sprint (NYSE: S ) and
numerous small telecoms. iCloudless Skies for iPhone, iPad Users: For anyone
excited about having streaming access on their Apple (NASDAQ: AAPL ) iPhone and
iPad to all the music and movies stored in their iTunes via the new iCloud
service, youre in for a rude awakening. iTunes Match and iCloud do not stream
content to Apples portable devices. The lack of streaming support was confirmed
in a Tuesday report at All Things Digital . What iOS users will be able to do is
access their stored library of media through iTunes Match, then download it
directly to their device. This distinguishes iCloud from competitors like Google
(NASDAQ: GOOG ) and Amazon s (NASDAQ: AMZN ) cloud services. Turn Left at
Low-Cost Garmin Navigation App: Up until now, Garmin s (NASDAQ: GRMN ) GPS app
for the iPhone and iPad has been one expensive piece of technology, running
users $60 for a single download. Realizing thats an untenable business model for
a company whose technology is slowly being outmoded, Garming has introduced the
Garmin StreetPilot onDemand app. The new GPS navigation program uses a
subscription pay model rather than a flat fee, running users 99 cents per month.
This lighter version of StreetPilot provides public transportation info for 31
cities and does spoken turn-by-turn directions in the vintage Garmin style. Of
course, GPS navigation tools with spoken turn-by-turn directions come free in
some Android phones, such as HTCs Thunderbolt. Consumers tend to like things
that cost nothing more than they like things that cost a dollar. Garmin should
explore that. As of this writing, Anthony John Agnello did not own a position in
any of the stocks named here. Follow him on Twitter at
Google Inc. (NASDAQ:GOOG) Working With Wi-Fi ISP
Google Inc. (NASDAQ:GOOG) has partnered with an ISP to offer cheap Wi-Fi
service in Nairobi. Google Inc. (NASDAQ:GOOG) Working With Wi-Fi ISP The search
major and the ISP Wanachi group have formed a partnership in the Eastern Africa
to provide cheap Wi-Fi broadband network in Nairobi, the capital city of Kenya.
According to reports, the high speed broadband connection provided by the
initiative will be free for the first 10 minutes every day and costs only $5.40
per month. Customers will be able to pay for the service via credit card or
local money transfer services. Google Inc. (NASDAQ:GOOG) company shares are
currently standing at 540.7. Price History Last Price: 540.7 52 Week Low / High:
448 / 642.96 50 Day Moving Average: 548.68 6 Month Price Change %: -10.0% 12
Month Price Change %: 19.4%
service in Nairobi. Google Inc. (NASDAQ:GOOG) Working With Wi-Fi ISP The search
major and the ISP Wanachi group have formed a partnership in the Eastern Africa
to provide cheap Wi-Fi broadband network in Nairobi, the capital city of Kenya.
According to reports, the high speed broadband connection provided by the
initiative will be free for the first 10 minutes every day and costs only $5.40
per month. Customers will be able to pay for the service via credit card or
local money transfer services. Google Inc. (NASDAQ:GOOG) company shares are
currently standing at 540.7. Price History Last Price: 540.7 52 Week Low / High:
448 / 642.96 50 Day Moving Average: 548.68 6 Month Price Change %: -10.0% 12
Month Price Change %: 19.4%
Steve Jobs Made CEO Hero Worship Cool
By now, the world knows that Apple (NASDAQ: AAPL ) mastermind Steve Jobs
officially has stepped down as CEO of what is one of the greatest success
stories in corporate history. An incredible innovator who loved making products
that enhanced all of our lives, it's nearly impossible to overstate just how
important the man is to his company, the tech industry and indeed to the entire
world. More importantly, I think Jobs represents something much larger than just
the enormously positive contributions his unparalleled Apple products have made.
You see, Steve Jobs made CEO hero worship cool. In a climate where the rich are
considered the villains, and where millionaires and billionaires are perpetually
vilified at the highest levels of government for not paying their "fair
share" of taxes, Steve Jobs is a real-life billionaire that serves as a
reminder that at the helm of nearly every successful company there's usually
one person responsible for creating the wealth that benefits us all. Let's
face it, it's cool to like Apple, and it's cool to have near-godlike
reverence for Jobs and his business acumen. This kind of respect, admiration and
hero worship for Jobs is something the world needs more of if we want to become
the kind of place that honors and respects the men of the mind, men who truly
move the world. Now, a lot of people are asking the "what's next?"
question when it comes to Apple and the future of the company's stock price.
Will Apple shares continue to perform going forward? Without Jobs' vision
directing the company, will it be able to keep creating industry-changing
products akin to the iPod, iPhone and iPad? I think the answers to these and
numerous other questions remain to be seen; however, what is indisputable is the
legacy that Jobs has built a legacy of cool that is quite likely to survive for
decades to come. You see, through his personal technology products, Steve Jobs
very essence has been infused into the culture. The man has deservedly become a
societal icon, and that is part of the hero worship that's both incredibly
refreshing and in short supply. Since Jobs resigned, I've frequently been
asked about whether investors should continue buying Apple shares. My response
is that nothing materially has changed since Jobs' resignation, save for the
fact that he's not running day-to-day operations. That's a task he hadn't
been doing anyway since going on medical leave last year. All of the relevant
earnings, P/E ratios, technical chart patterns, etc., that traders use to assess
a stock practically all point to a bullish future for AAPL . But the
aforementioned tangibles aren't the real reason investors should continue
biting into Apple. The main reason why Apple shares likely will remain strong
for years to come is because Steve Jobs has built a company that makes products
people adore. Until this sense of reverence for him and his products changes,
money will continue being made in Apple shares.
officially has stepped down as CEO of what is one of the greatest success
stories in corporate history. An incredible innovator who loved making products
that enhanced all of our lives, it's nearly impossible to overstate just how
important the man is to his company, the tech industry and indeed to the entire
world. More importantly, I think Jobs represents something much larger than just
the enormously positive contributions his unparalleled Apple products have made.
You see, Steve Jobs made CEO hero worship cool. In a climate where the rich are
considered the villains, and where millionaires and billionaires are perpetually
vilified at the highest levels of government for not paying their "fair
share" of taxes, Steve Jobs is a real-life billionaire that serves as a
reminder that at the helm of nearly every successful company there's usually
one person responsible for creating the wealth that benefits us all. Let's
face it, it's cool to like Apple, and it's cool to have near-godlike
reverence for Jobs and his business acumen. This kind of respect, admiration and
hero worship for Jobs is something the world needs more of if we want to become
the kind of place that honors and respects the men of the mind, men who truly
move the world. Now, a lot of people are asking the "what's next?"
question when it comes to Apple and the future of the company's stock price.
Will Apple shares continue to perform going forward? Without Jobs' vision
directing the company, will it be able to keep creating industry-changing
products akin to the iPod, iPhone and iPad? I think the answers to these and
numerous other questions remain to be seen; however, what is indisputable is the
legacy that Jobs has built a legacy of cool that is quite likely to survive for
decades to come. You see, through his personal technology products, Steve Jobs
very essence has been infused into the culture. The man has deservedly become a
societal icon, and that is part of the hero worship that's both incredibly
refreshing and in short supply. Since Jobs resigned, I've frequently been
asked about whether investors should continue buying Apple shares. My response
is that nothing materially has changed since Jobs' resignation, save for the
fact that he's not running day-to-day operations. That's a task he hadn't
been doing anyway since going on medical leave last year. All of the relevant
earnings, P/E ratios, technical chart patterns, etc., that traders use to assess
a stock practically all point to a bullish future for AAPL . But the
aforementioned tangibles aren't the real reason investors should continue
biting into Apple. The main reason why Apple shares likely will remain strong
for years to come is because Steve Jobs has built a company that makes products
people adore. Until this sense of reverence for him and his products changes,
money will continue being made in Apple shares.
Precious Metals Rebound, XAU Turns Higher
Precious metals rebounded from earlier losses in early afternoon trading on
Wednesday, despite a modest move higher in the U.S. dollar against most major
currencies. COMEX gold futures, per the December contract, bounced from an
intra-day low of $1,813.60 per ounce to as high as $1,842.00. Silver rebounded
from a modest loss near $41.20 to trade higher by $0.26 at $41.72 per ounce as
of 1:25pm ET. Precious metals equities turned higher as well, with the
Philadelphia Gold & Silver Index (XAU) recovering from a 0.6% loss this morning
to a gain of 0.3% at 219.16. Notable advancers included XAU components AngloGold
Ashanti (AU), Freeport-McMoRan Copper & Gold (FCX), and Silver Standard
Resources (SSRI).
Wednesday, despite a modest move higher in the U.S. dollar against most major
currencies. COMEX gold futures, per the December contract, bounced from an
intra-day low of $1,813.60 per ounce to as high as $1,842.00. Silver rebounded
from a modest loss near $41.20 to trade higher by $0.26 at $41.72 per ounce as
of 1:25pm ET. Precious metals equities turned higher as well, with the
Philadelphia Gold & Silver Index (XAU) recovering from a 0.6% loss this morning
to a gain of 0.3% at 219.16. Notable advancers included XAU components AngloGold
Ashanti (AU), Freeport-McMoRan Copper & Gold (FCX), and Silver Standard
Resources (SSRI).
Apple Inc. (NASDAQ:AAPL) HDTV Rumour Gains Ground
It has been reported that the Apple Inc. (NASDAQ:AAPL) TV rumor will soon be
confirmed. Apple Inc. (NASDAQ:AAPL) HDTV Rumour Gains Ground Rumors regarding
any Apple Inc. (NASDAQ:AAPL) product often get a lot of attention due to the
close-lipped attitude of the iPod maker, however it seems that the latest rumour
may be gaining ground. A couple of days after the rumor appeared that the
company will be launching a product in a new sector, many tech sources and
industry insiders have confirmed that an Apple Inc. (NASDAQ:AAPL) TV is to be
launched soon. Apple Inc. (NASDAQ:AAPL) shares were at 389.99 at the end of the
last days trading. Theres been a 15.6% change in the stock price over the past 3
months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.22 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry
confirmed. Apple Inc. (NASDAQ:AAPL) HDTV Rumour Gains Ground Rumors regarding
any Apple Inc. (NASDAQ:AAPL) product often get a lot of attention due to the
close-lipped attitude of the iPod maker, however it seems that the latest rumour
may be gaining ground. A couple of days after the rumor appeared that the
company will be launching a product in a new sector, many tech sources and
industry insiders have confirmed that an Apple Inc. (NASDAQ:AAPL) TV is to be
launched soon. Apple Inc. (NASDAQ:AAPL) shares were at 389.99 at the end of the
last days trading. Theres been a 15.6% change in the stock price over the past 3
months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.22 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry
Gold Price Per Ounce Today Silver Price per ounce; Spot gold per gram spot silver per ounce; DJIA Market Close Review
Stocks are doing there best to end the month of August on a high note, but
general economic concerns are pulling them lower. Even if the primary indices
manage to end the day in positive territory, currently they are mixed, the month
of August in general will be a loser. Investors on Wall Street have had to
endure the volatility that stemmed, in part, from the credit downgrade the U.S.
received this month. Indices plummeted lower after this happened and have not
been able to recover. The safe have appeal of precious metal gold soared at this
point in the month and is positive overall for the month of August. The one
month change status for gold is positive by 12.54 percent. Silver has benefited
as well. The one month change status for precious metal silver is positive by
5.47 percent. As the close of the last trading session for August approaches,
the primary stock indices are mixed. The DJIA is green but the Nasdaq and S&P
500 are notching lower. Gold contract for December delivery is green by .10
percent at 1831.70 per troy ounce. Silver contract for September delivery is
green by .73 percent at 41.70 per troy ounce. Spot gold is just red at this
point. Spot gold per gram was lower by .02 at 58.71 and spot silver per ounce
was green by .16 at 41.56. Camillo Zucari
general economic concerns are pulling them lower. Even if the primary indices
manage to end the day in positive territory, currently they are mixed, the month
of August in general will be a loser. Investors on Wall Street have had to
endure the volatility that stemmed, in part, from the credit downgrade the U.S.
received this month. Indices plummeted lower after this happened and have not
been able to recover. The safe have appeal of precious metal gold soared at this
point in the month and is positive overall for the month of August. The one
month change status for gold is positive by 12.54 percent. Silver has benefited
as well. The one month change status for precious metal silver is positive by
5.47 percent. As the close of the last trading session for August approaches,
the primary stock indices are mixed. The DJIA is green but the Nasdaq and S&P
500 are notching lower. Gold contract for December delivery is green by .10
percent at 1831.70 per troy ounce. Silver contract for September delivery is
green by .73 percent at 41.70 per troy ounce. Spot gold is just red at this
point. Spot gold per gram was lower by .02 at 58.71 and spot silver per ounce
was green by .16 at 41.56. Camillo Zucari
Ford Hitches a Ride With Zipcar
Zipcar (NYSE: ZIP ), the world's largest car-sharing service, has become a
top lifestyle brand. It is fairly "green" and uses modern technologies such
as Apple's (NASDAQ: AAPL ) iPhone. Consider that about 28% of new customers
come from referrals. As should be no surprise, Zipcar's most loyal followers
are college students. Hey, the Millennial Generation always likes new-fangled
things. So might this be an opportunity for automakers? Ford (NYSE: F ) thinks
so. This week, the company formed a partnership with Zipcar to source cars for
college locations. The two-year deal will reach more than 250 campuses. It
really does look like a win-win. On the news, Ford shares are up 3% to $11.17.
It certainly helps that the company has low-priced models like the Focus and
Escape. The deal also is an indication that Ford is trying to find ways to
innovate. However, the biggest winner is Zipcar, whose shares are up 6% to
$21.26 in Wednesday's trading. Not to mention, Ford will allow for a $10
reduction in the annual membership fee for the first 100,000 members, as well as
a $1 discount from the hourly rate (for the first million hours). All in all,
the deal is a validation of the companys model. So in light of all this, does
Zipcar look like an attractive investment? Keep in mind that it is a recent IPO
and, as a result, the stock has been quite volatile. At the same time, there is
growing competition, such as from Hertz Global Holdings (NYSE: HTZ ) and Avis
Budget Group (NASDAQ: CAR ), and even a variety of nonprofit operators. But with
10 years of experience in the market, Zipcar is in a strong position to benefit
from the car-sharing trend. Interestingly enough, the company might also get a
boost from the slowing economy as consumers look for cheaper transportation
alternatives. Again, the volatility in the stock price is likely to continue for
Zipcar. But over the long haul, the company should continue to provide solid
growth. The forecast is for the global market to exceed $10 billion within 10
years. And Zipcar is likely to get a decent chunk of it. Tom Taulli is the
author of various books, including "All About Commodities." He does not own
a position in any of the stocks named here.
top lifestyle brand. It is fairly "green" and uses modern technologies such
as Apple's (NASDAQ: AAPL ) iPhone. Consider that about 28% of new customers
come from referrals. As should be no surprise, Zipcar's most loyal followers
are college students. Hey, the Millennial Generation always likes new-fangled
things. So might this be an opportunity for automakers? Ford (NYSE: F ) thinks
so. This week, the company formed a partnership with Zipcar to source cars for
college locations. The two-year deal will reach more than 250 campuses. It
really does look like a win-win. On the news, Ford shares are up 3% to $11.17.
It certainly helps that the company has low-priced models like the Focus and
Escape. The deal also is an indication that Ford is trying to find ways to
innovate. However, the biggest winner is Zipcar, whose shares are up 6% to
$21.26 in Wednesday's trading. Not to mention, Ford will allow for a $10
reduction in the annual membership fee for the first 100,000 members, as well as
a $1 discount from the hourly rate (for the first million hours). All in all,
the deal is a validation of the companys model. So in light of all this, does
Zipcar look like an attractive investment? Keep in mind that it is a recent IPO
and, as a result, the stock has been quite volatile. At the same time, there is
growing competition, such as from Hertz Global Holdings (NYSE: HTZ ) and Avis
Budget Group (NASDAQ: CAR ), and even a variety of nonprofit operators. But with
10 years of experience in the market, Zipcar is in a strong position to benefit
from the car-sharing trend. Interestingly enough, the company might also get a
boost from the slowing economy as consumers look for cheaper transportation
alternatives. Again, the volatility in the stock price is likely to continue for
Zipcar. But over the long haul, the company should continue to provide solid
growth. The forecast is for the global market to exceed $10 billion within 10
years. And Zipcar is likely to get a decent chunk of it. Tom Taulli is the
author of various books, including "All About Commodities." He does not own
a position in any of the stocks named here.
Google Inc. (NASDAQ:GOOG) Helping Small Businesses
Google Inc. (NASDAQ:GOOG) has announced seminars in Kansas City to help small
businesses build websites. Google Inc. (NASDAQ:GOOG) Helping Small Businesses
The statement from the search major puts it all in a single sentence, 'you are
either on the web or you are out of it'. The campaign is aimed at helping
small businesses have an online presence. Scott Levitan, Google Inc.
(NASDAQ:GOOG)'s director of small-business engagement , said that,
"They're digitally invisible. They won't show up on the map, and they will
have no chance of getting that call." Google Inc. (NASDAQ:GOOG) stocks were at
540.7 at the end of the last days trading. Theres been a 2.2% change in the
stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 5 out of 31 in the industry
businesses build websites. Google Inc. (NASDAQ:GOOG) Helping Small Businesses
The statement from the search major puts it all in a single sentence, 'you are
either on the web or you are out of it'. The campaign is aimed at helping
small businesses have an online presence. Scott Levitan, Google Inc.
(NASDAQ:GOOG)'s director of small-business engagement , said that,
"They're digitally invisible. They won't show up on the map, and they will
have no chance of getting that call." Google Inc. (NASDAQ:GOOG) stocks were at
540.7 at the end of the last days trading. Theres been a 2.2% change in the
stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 5 out of 31 in the industry
Gold Price to Hit $2,500 in 2012?
GOLD PRICE NEWS – The gold price dropped $6.00 Wednesday to $1,829.50 per
ounce after gaining 2.6% during yesterday's session.
ounce after gaining 2.6% during yesterday's session.
Microsoft Corporation (NASDAQ:MSFT) Sued For Dominance
Microsoft Corporation (NASDAQ:MSFT) India has been sued for its dominant
position. Microsoft Corporation (NASDAQ:MSFT) Sued For Dominance A law firm
based in New Delhi has filed a suit against the software giant for abusing its
dominant position with its Office and Windows packages. Singhania & Partners,
the law firm, has registered the suit at the Competition Appellate Tribunal
(COMPAT). It was reported that the request from the law firm has already been
rejected once due to the lack of evidence, and the present suit is the second
claim by the firm. Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing
at 26.23. Price History Last Price: 26.23 52 Week Low / High: 23.32 / 29.46 50
Day Moving Average: 25.96 6 Month Price Change %: 0.3% 12 Month Price Change %:
11.0%
position. Microsoft Corporation (NASDAQ:MSFT) Sued For Dominance A law firm
based in New Delhi has filed a suit against the software giant for abusing its
dominant position with its Office and Windows packages. Singhania & Partners,
the law firm, has registered the suit at the Competition Appellate Tribunal
(COMPAT). It was reported that the request from the law firm has already been
rejected once due to the lack of evidence, and the present suit is the second
claim by the firm. Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing
at 26.23. Price History Last Price: 26.23 52 Week Low / High: 23.32 / 29.46 50
Day Moving Average: 25.96 6 Month Price Change %: 0.3% 12 Month Price Change %:
11.0%
Aurizon Mines (AZK) hits high grade gold at Fayolle
DG365FD46564GFH654FU898
Original post:
Aurizon Mines (AZK) hits high grade gold at Fayolle
Gold ETFs (GLD) Slide, but “Building a Good Foundation”
GOLD ETFS & GLD NEWS – Gold ETFs slid Wednesday, with the SPDR Gold Trust
(GLD) falling $1.01 to $178.09 per share.
(GLD) falling $1.01 to $178.09 per share.
Dow Jones Average Index DJX DJI Today’s Stock Market Investing News, Nasdaq, S&P 500 Money Profit Market Trends Mid-Day
Stocks held off a late day decline to finish the last trading session in
positive territory. The Dow Jones, as well as the Nasdaq and S&P 500 all closed
out in the green yesterday. Prior to opening bell this morning, stock future
tracking revealed that stocks would open higher and that the month of August
could end on a stronger note. August has been a volatile month for the stock
market. It began with the S&P downgrade and stock indices hit their respective
lows for the month shortly after the downgrade. Then, the Morgan Stanley report
was weaker than expected. Again, this report led to another drop lower for the
primary stock index composites. Now, we are ending the month with an up-swing of
the stock tracking pendulum. As the trading session approached the halfway
point, the major composites were still trending green. The Dow Jones was higher
by .56 percent at 11,624.81. The Nasdaq was higher by .31percent at 2,584 and
the S& 500 was green by .61 percent at 1,220. Stocks today are taking advantage
of the better than expected economic data that is posting this day. The Commerce
Department reported that June factory orders bumped higher and the Chicago
purchasing managers index posted better than expected today. Frank Matto
positive territory. The Dow Jones, as well as the Nasdaq and S&P 500 all closed
out in the green yesterday. Prior to opening bell this morning, stock future
tracking revealed that stocks would open higher and that the month of August
could end on a stronger note. August has been a volatile month for the stock
market. It began with the S&P downgrade and stock indices hit their respective
lows for the month shortly after the downgrade. Then, the Morgan Stanley report
was weaker than expected. Again, this report led to another drop lower for the
primary stock index composites. Now, we are ending the month with an up-swing of
the stock tracking pendulum. As the trading session approached the halfway
point, the major composites were still trending green. The Dow Jones was higher
by .56 percent at 11,624.81. The Nasdaq was higher by .31percent at 2,584 and
the S& 500 was green by .61 percent at 1,220. Stocks today are taking advantage
of the better than expected economic data that is posting this day. The Commerce
Department reported that June factory orders bumped higher and the Chicago
purchasing managers index posted better than expected today. Frank Matto
Top 10 Focus Stocks of The Day: CLGX, SVA, MWW, COCO, PRMW, BTUI, RIC, FCH, BKS, FRO (Aug 31, 2011)
Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. One Chinese company (SVA) is on the list.
CoreLogic Inc. (NYSE:CLGX) is todays 1st best focus stock. Its daily price
change was 29.1% in the previous trading session. Its upside potential is 48%
based on brokerage analysts average target price of $17 on the stock. It is
rated positively by 22% of the 9 analyst(s) covering it. Its long-term annual
earnings growth is 10% based on analysts average estimate. Sinovac Biotech Ltd.
(NASDAQ:SVA) is todays 2nd best focus stock. Its daily price change was 24.2% in
the previous trading session. Its upside potential is 84% based on brokerage
analysts average target price of $5 on the stock. It is rated positively by 0%
of the 2 analyst(s) covering it. Its long-term annual earnings growth is 29%
based on analysts average estimate. Monster Worldwide, Inc. (NYSE:MWW) is todays
3rd best focus stock. Its daily price change was 21.5% in the previous trading
session. Its upside potential is 73% based on brokerage analysts average target
price of $17 on the stock. It is rated positively by 50% of the 18 analyst(s)
covering it. Its long-term annual earnings growth is 17% based on analysts
average estimate. Corinthian Colleges, Inc. (NASDAQ:COCO) is todays 4th best
focus stock. Its daily price change was 21.4% in the previous trading session.
Its upside potential is 0% based on brokerage analysts average target price of
$2 on the stock. It is rated positively by 7% of the 15 analyst(s) covering it.
Its long-term annual earnings growth is 0% based on analysts average estimate.
Primo Water Corporation (NASDAQ:PRMW) is todays 5th best focus stock. Its daily
price change was 21.0% in the previous trading session. Its upside potential is
90% based on brokerage analysts average target price of $13 on the stock. It is
rated positively by 67% of the 3 analyst(s) covering it. Its long-term annual
earnings growth is 25% based on analysts average estimate. BTU International,
Inc. (NASDAQ:BTUI) is todays 6th best focus stock. Its daily price change was
20.0% in the previous trading session. Its upside potential is 27% based on
brokerage analysts average target price of $7 on the stock. It is rated
positively by 0% of the 3 analyst(s) covering it. Its long-term annual earnings
growth is 25% based on analysts average estimate. Richmont Mines Inc. (USA)
(AMEX:RIC) is todays 7th best focus stock. Its daily price change was 16.4% in
the previous trading session. Its upside potential is 5% based on brokerage
analysts average target price of $12 on the stock. It is rated positively by
100% of the 4 analyst(s) covering it. Its long-term annual earnings growth is
27% based on analysts average estimate. FelCor Lodging Trust Incorporated
(NYSE:FCH) is todays 8th best focus stock. Its daily price change was 14.9% in
the previous trading session. Its upside potential is 85% based on brokerage
analysts average target price of $6 on the stock. It is rated positively by 10%
of the 10 analyst(s) covering it. Its long-term annual earnings growth is 13%
based on analysts average estimate. Barnes & Noble, Inc. (NYSE:BKS) is todays
9th best focus stock. Its daily price change was 14.9% in the previous trading
session. Its upside potential is 31% based on brokerage analysts average target
price of $17 on the stock. It is rated positively by 33% of the 6 analyst(s)
covering it. Its long-term annual earnings growth is -85% based on analysts
average estimate. Frontline Ltd. (USA) (NYSE:FRO) is todays 10th best focus
stock. Its daily price change was 14.6% in the previous trading session. Its
upside potential is 129% based on brokerage analysts average target price of $18
on the stock. It is rated positively by 22% of the 18 analyst(s) covering it.
Its long-term annual earnings growth is 0% based on analysts average estimate.
lot of interest from traders. One Chinese company (SVA) is on the list.
CoreLogic Inc. (NYSE:CLGX) is todays 1st best focus stock. Its daily price
change was 29.1% in the previous trading session. Its upside potential is 48%
based on brokerage analysts average target price of $17 on the stock. It is
rated positively by 22% of the 9 analyst(s) covering it. Its long-term annual
earnings growth is 10% based on analysts average estimate. Sinovac Biotech Ltd.
(NASDAQ:SVA) is todays 2nd best focus stock. Its daily price change was 24.2% in
the previous trading session. Its upside potential is 84% based on brokerage
analysts average target price of $5 on the stock. It is rated positively by 0%
of the 2 analyst(s) covering it. Its long-term annual earnings growth is 29%
based on analysts average estimate. Monster Worldwide, Inc. (NYSE:MWW) is todays
3rd best focus stock. Its daily price change was 21.5% in the previous trading
session. Its upside potential is 73% based on brokerage analysts average target
price of $17 on the stock. It is rated positively by 50% of the 18 analyst(s)
covering it. Its long-term annual earnings growth is 17% based on analysts
average estimate. Corinthian Colleges, Inc. (NASDAQ:COCO) is todays 4th best
focus stock. Its daily price change was 21.4% in the previous trading session.
Its upside potential is 0% based on brokerage analysts average target price of
$2 on the stock. It is rated positively by 7% of the 15 analyst(s) covering it.
Its long-term annual earnings growth is 0% based on analysts average estimate.
Primo Water Corporation (NASDAQ:PRMW) is todays 5th best focus stock. Its daily
price change was 21.0% in the previous trading session. Its upside potential is
90% based on brokerage analysts average target price of $13 on the stock. It is
rated positively by 67% of the 3 analyst(s) covering it. Its long-term annual
earnings growth is 25% based on analysts average estimate. BTU International,
Inc. (NASDAQ:BTUI) is todays 6th best focus stock. Its daily price change was
20.0% in the previous trading session. Its upside potential is 27% based on
brokerage analysts average target price of $7 on the stock. It is rated
positively by 0% of the 3 analyst(s) covering it. Its long-term annual earnings
growth is 25% based on analysts average estimate. Richmont Mines Inc. (USA)
(AMEX:RIC) is todays 7th best focus stock. Its daily price change was 16.4% in
the previous trading session. Its upside potential is 5% based on brokerage
analysts average target price of $12 on the stock. It is rated positively by
100% of the 4 analyst(s) covering it. Its long-term annual earnings growth is
27% based on analysts average estimate. FelCor Lodging Trust Incorporated
(NYSE:FCH) is todays 8th best focus stock. Its daily price change was 14.9% in
the previous trading session. Its upside potential is 85% based on brokerage
analysts average target price of $6 on the stock. It is rated positively by 10%
of the 10 analyst(s) covering it. Its long-term annual earnings growth is 13%
based on analysts average estimate. Barnes & Noble, Inc. (NYSE:BKS) is todays
9th best focus stock. Its daily price change was 14.9% in the previous trading
session. Its upside potential is 31% based on brokerage analysts average target
price of $17 on the stock. It is rated positively by 33% of the 6 analyst(s)
covering it. Its long-term annual earnings growth is -85% based on analysts
average estimate. Frontline Ltd. (USA) (NYSE:FRO) is todays 10th best focus
stock. Its daily price change was 14.6% in the previous trading session. Its
upside potential is 129% based on brokerage analysts average target price of $18
on the stock. It is rated positively by 22% of the 18 analyst(s) covering it.
Its long-term annual earnings growth is 0% based on analysts average estimate.
Gold Contract Prices; Spot gold price per gram, Spot silver price Per ounce, DJIA Economic Stock Market News Mid-Day Today
Stronger economic data appears to be helping stocks finish higher as the month
of August closes out. Many investors are happy to see August end and a new month
begin however. Economic reports this month have been mixed, to poor, this month
and the primary indices suffered overall. August was negative overall for the
primary stock indices and although it appears the DJIA and others will end on a
stronger note, the month will be a loser. One would have to research back to
2009 to find a month that was as negative for stocks. Precious metal gold
skyrocketed earlier this month due to the economic volatility. The major
catalyst for the peeked interest in golds safe haven appeal was the credit
downgrade the U.S. suffered. In addition, the Morgan Stanley report portrayed a
challenged global economy. This paired with the difficulties already observed in
the U.S. economy helped to push precious metal gold and silver higher. Since
then, market news has been up and down. As a result of the choppiness, gold and
silver have fluctuated with the economic reports. It appears that August will
close out stronger regarding economic data, and the gold could end lower this
day. As the mid-day approached, gold price per ounce was trending negative. Spot
gold and spot silver prices were both posting green at this point. Spot gold per
gram was higher by .32 at 59.04 and spot silver price per ounce was green by .28
at 41.68. Camillo Zucari
of August closes out. Many investors are happy to see August end and a new month
begin however. Economic reports this month have been mixed, to poor, this month
and the primary indices suffered overall. August was negative overall for the
primary stock indices and although it appears the DJIA and others will end on a
stronger note, the month will be a loser. One would have to research back to
2009 to find a month that was as negative for stocks. Precious metal gold
skyrocketed earlier this month due to the economic volatility. The major
catalyst for the peeked interest in golds safe haven appeal was the credit
downgrade the U.S. suffered. In addition, the Morgan Stanley report portrayed a
challenged global economy. This paired with the difficulties already observed in
the U.S. economy helped to push precious metal gold and silver higher. Since
then, market news has been up and down. As a result of the choppiness, gold and
silver have fluctuated with the economic reports. It appears that August will
close out stronger regarding economic data, and the gold could end lower this
day. As the mid-day approached, gold price per ounce was trending negative. Spot
gold and spot silver prices were both posting green at this point. Spot gold per
gram was higher by .32 at 59.04 and spot silver price per ounce was green by .28
at 41.68. Camillo Zucari
Todays Gold price per ounce, Silver price per ounce Spot gold per gram spot silver per ounce
XCSFDHG46767FHJHJF
dow2664 Economic data skewed negative during the last trading session in the U.S. and as a result, the primary stock indices barely held green to close out the session. The Dow Jones Industrial Average finished off the session higher by only 20.7 points to close at 11,559.95. Gold and silver contract prices, as well as spot gold and spot silver prices, bumped higher during the session as investor confidence waned. Specific data posted during the session yesterday relaying the extent of the pressure influencing consumer confidence. According to the Conference Boards report, the Consumer Confidence index dropped significantly between July and August. The drop was as severe as any seen in two years. The safe haven appeal of precious metals grew more attractive as the negatively skewed economic data posted. Gold contract for December delivery moved higher by 2.13 percent to close out at 1,829.80 per troy ounce. Silver contract for September delivery moved higher by 2.10 percent to close out at 41.40 per troy ounce. Spot gold price per gram was higher by .134 at 58.84 and spot silver price per ounce was higher by .82 at 41.37. Camillo Zucari
Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today’s Open
XCSFDHG46767FHJHJF
dow2664 The primary stock indices lost steam as they approached official close on Tuesday. The Consumer Confidence data was weaker than expected and this put a damper on the latter half of the trading session. According to the Conference Boards post, the consumer confidence index dropped from 59.2 in July to 44.5 in August. The drop signifies one of the worst drops in the Consumer Confidence index in years. More economic reports are skewing negative in the U.S. and investors’ confidence continues to be affected by the inconsistencies in the U.S. marketplace. The week will end with the jobs report but data currently implies that little improvement might be observed. Home price data came in yesterday as well. Second quarter data for home prices was an improvement, but home prices are still negative overall for the year. Data was weak but the primary stock indices had inclined just enough to finish the session green last session. The Dow Jones Industrial Average finished higher by .18 percent at 11,559.95. The Nasdaq finished higher by .55 percent at 2,576.11. The S&P 500 finished higher by .23 percent at 1,212.92. The dollar gained against the euro and British pound and gold futures rose higher. The safe haven appeal of gold attracted more attention as investors processed the weaker economic data. Frank Matto
Your Next Stock to Sell: Sony
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Sony Corp. (NYSE: SNE ) — This Japan-based company manufactures a strong line of electronic products and is a leader in the retail electronics area. But Sony suffered from delays due to the tsunami and has been confronted with the strong possibility of a global economic slowdown. Furthermore, yesterday’s weak consumer confidence numbers could have an impact on Sony’s sales. Following the downgrading of its stock by a team of analysts, SNE broke down from a double-bottom at $24, falling to $20 where it found some buyers. But the rally is probably going to run into difficulty at the conjunction of its 50-day moving average, its bearish resistance line (red dotted line), and the double-bottom failure. Traders may get a small bounce from yesterday’s close, but investors should sell into strength. See Sam Collins' Daily Market Outlook: Can We Really Keep This Market Going? See Serge Berger's Daily Market Outlook: Bulls Not Being Put Out to Pasture Yet See Serge Berger's Trade of the Day: A Rare Pick for an Overbought Market
Bulls Not Being Put Out to Pasture Yet
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Serge Berger is the head trader and investment strategist for The Steady Trader . Sign up for his free weekly newsletter . Stocks edged higher again yesterday to top off three days of gains. However, this is far from a victory lap for the bulls as the weekly charts remain broken, so selling the rallies is still the best course of action.
Can We Really Keep This Market Going?
Stocks rose for the third consecutive day on Tuesday. And the Nasdaq led the
other indices with the highest percentage gain as it did in each of the previous
advances. Volume on the NYSE picked up, but is still just a fraction of the
downside volume that drove stocks into last summers trading ranges. The NYSE
traded just over 1 billion shares and the Nasdaq traded 541 million. Advancers
were ahead of decliners by 1.9-to-1 on the Big Board, but on the Nasdaq,
advancers barely beat out decliners. By closing above Mondays high, the major
indices confirmed a breakout from the consolidation triangle that has dominated
trading for almost all of August. Yesterdays break was impressive despite the
relatively low volume. Stocks fought off an early round of selling that resulted
from a disappointing August Consumer Confidence Index number and the minutes
from the FOMC meeting that indicated that members were in disagreement on what
to do about a lagging economy. And so bad news was ignored and stocks forged
ahead a very positive development for the bulls. This is especially significant
when stocks move out of a potentially bearish formation like the August
consolidation. The Nasdaq looked especially strong yesterday, as it rose despite
some last-minute selling, and confirmed Mondays gap and break through its 20-day
moving average (green line). Also note that its stochastic indicator still has
some room before becoming overbought. Despite
other indices with the highest percentage gain as it did in each of the previous
advances. Volume on the NYSE picked up, but is still just a fraction of the
downside volume that drove stocks into last summers trading ranges. The NYSE
traded just over 1 billion shares and the Nasdaq traded 541 million. Advancers
were ahead of decliners by 1.9-to-1 on the Big Board, but on the Nasdaq,
advancers barely beat out decliners. By closing above Mondays high, the major
indices confirmed a breakout from the consolidation triangle that has dominated
trading for almost all of August. Yesterdays break was impressive despite the
relatively low volume. Stocks fought off an early round of selling that resulted
from a disappointing August Consumer Confidence Index number and the minutes
from the FOMC meeting that indicated that members were in disagreement on what
to do about a lagging economy. And so bad news was ignored and stocks forged
ahead a very positive development for the bulls. This is especially significant
when stocks move out of a potentially bearish formation like the August
consolidation. The Nasdaq looked especially strong yesterday, as it rose despite
some last-minute selling, and confirmed Mondays gap and break through its 20-day
moving average (green line). Also note that its stochastic indicator still has
some room before becoming overbought. Despite
Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today’s Open
The primary stock indices lost steam as they approached official close on
Tuesday. The Consumer Confidence data was weaker than expected and this put a
damper on the latter half of the trading session. According to the Conference
Boards post, the consumer confidence index dropped from 59.2 in July to 44.5 in
August. The drop signifies one of the worst drops in the Consumer Confidence
index in years. More economic reports are skewing negative in the U.S. and
investors confidence continues to be affected by the inconsistencies in the U.S.
marketplace. The week will end with the jobs report but data currently implies
that little improvement might be observed. Home price data came in yesterday as
well. Second quarter data for home prices was an improvement, but home prices
are still negative overall for the year. Data was weak but the primary stock
indices had inclined just enough to finish the session green last session. The
Dow Jones Industrial Average finished higher by .18 percent at 11,559.95. The
Nasdaq finished higher by .55 percent at 2,576.11. The S&P 500 finished higher
by .23 percent at 1,212.92. The dollar gained against the euro and British pound
and gold futures rose higher. The safe haven appeal of gold attracted more
attention as investors processed the weaker economic data. Frank Matto
Tuesday. The Consumer Confidence data was weaker than expected and this put a
damper on the latter half of the trading session. According to the Conference
Boards post, the consumer confidence index dropped from 59.2 in July to 44.5 in
August. The drop signifies one of the worst drops in the Consumer Confidence
index in years. More economic reports are skewing negative in the U.S. and
investors confidence continues to be affected by the inconsistencies in the U.S.
marketplace. The week will end with the jobs report but data currently implies
that little improvement might be observed. Home price data came in yesterday as
well. Second quarter data for home prices was an improvement, but home prices
are still negative overall for the year. Data was weak but the primary stock
indices had inclined just enough to finish the session green last session. The
Dow Jones Industrial Average finished higher by .18 percent at 11,559.95. The
Nasdaq finished higher by .55 percent at 2,576.11. The S&P 500 finished higher
by .23 percent at 1,212.92. The dollar gained against the euro and British pound
and gold futures rose higher. The safe haven appeal of gold attracted more
attention as investors processed the weaker economic data. Frank Matto
Todays Gold price per ounce, Silver price per ounce Spot gold per gram spot silver per ounce
Economic data skewed negative during the last trading session in the U.S. and
as a result, the primary stock indices barely held green to close out the
session. The Dow Jones Industrial Average finished off the session higher by
only 20.7 points to close at 11,559.95. Gold and silver contract prices, as well
as spot gold and spot silver prices, bumped higher during the session as
investor confidence waned. Specific data posted during the session yesterday
relaying the extent of the pressure influencing consumer confidence. According
to the Conference Boards report, the Consumer Confidence index dropped
significantly between July and August. The drop was as severe as any seen in two
years. The safe haven appeal of precious metals grew more attractive as the
negatively skewed economic data posted. Gold contract for December delivery
moved higher by 2.13 percent to close out at 1,829.80 per troy ounce. Silver
contract for September delivery moved higher by 2.10 percent to close out at
41.40 per troy ounce. Spot gold price per gram was higher by .134 at 58.84 and
spot silver price per ounce was higher by .82 at 41.37. Camillo Zucari
as a result, the primary stock indices barely held green to close out the
session. The Dow Jones Industrial Average finished off the session higher by
only 20.7 points to close at 11,559.95. Gold and silver contract prices, as well
as spot gold and spot silver prices, bumped higher during the session as
investor confidence waned. Specific data posted during the session yesterday
relaying the extent of the pressure influencing consumer confidence. According
to the Conference Boards report, the Consumer Confidence index dropped
significantly between July and August. The drop was as severe as any seen in two
years. The safe haven appeal of precious metals grew more attractive as the
negatively skewed economic data posted. Gold contract for December delivery
moved higher by 2.13 percent to close out at 1,829.80 per troy ounce. Silver
contract for September delivery moved higher by 2.10 percent to close out at
41.40 per troy ounce. Spot gold price per gram was higher by .134 at 58.84 and
spot silver price per ounce was higher by .82 at 41.37. Camillo Zucari
Randgold says heavy rains hits Mali output
Randgold says heavy rains hits Mali output Reuters - Aug 29, 2011 DAKAR Aug 29
(Reuters) - West Africa-focused gold miner Randgold Resources on Monday revised
its 2011 production lower to 740,000-760,000 ounces from 750,000-790,000 ounces
after abnormal rainfall ... Randgold Cuts Annual Production Guidance After
Rainfull Curbs Mali Output - Bloomberg Randgold Cuts Output Guidance as Rainfall
Curbs Mali Volumes - BusinessWeek MarketWatch - 4-traders - BusinessLIVE
(Reuters) - West Africa-focused gold miner Randgold Resources on Monday revised
its 2011 production lower to 740,000-760,000 ounces from 750,000-790,000 ounces
after abnormal rainfall ... Randgold Cuts Annual Production Guidance After
Rainfull Curbs Mali Output - Bloomberg Randgold Cuts Output Guidance as Rainfall
Curbs Mali Volumes - BusinessWeek MarketWatch - 4-traders - BusinessLIVE
Tuesday, August 30, 2011
Top 10 Small Cap Stocks with Most Analyst Upgrades: MNKD, CATY, WERN, PWRD, YGE, CHH, WXS, MDC, TTC, TSL (Aug 30, 2011)
Below are the top 10 Small Cap stocks with most analyst upgrades in the past
four weeks. Sentiment on these stocks is turning more positive. Three Chinese
companies (PWRD, YGE, TSL) are on the list. MannKind Corporation (NASDAQ:MNKD)
has the 1st most analyst upgrades in the past four weeks. It was upgraded by 4
brokerage analyst(s) in this period. The stock is rated positively by 5 of the
11 analysts covering it. Cathay General Bancorp (NASDAQ:CATY) has the 2nd most
analyst upgrades in the past four weeks. It was upgraded by 4 brokerage
analyst(s) in this period. The stock is rated positively by 5 of the 16 analysts
covering it. Werner Enterprises, Inc. (NASDAQ:WERN) has the 3rd most analyst
upgrades in the past four weeks. It was upgraded by 3 brokerage analyst(s) in
this period. The stock is rated positively by 19 of the 26 analysts covering it.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 4th most analyst upgrades in
the past four weeks. It was upgraded by 3 brokerage analyst(s) in this period.
The stock is rated positively by 15 of the 19 analysts covering it. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has the 5th most analyst upgrades in the
past four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The
stock is rated positively by 10 of the 26 analysts covering it. Choice Hotels
International, Inc. (NYSE:CHH) has the 6th most analyst upgrades in the past
four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The stock
is rated positively by 7 of the 22 analysts covering it. Wright Express
Corporation (NYSE:WXS) has the 7th most analyst upgrades in the past four weeks.
It was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 5 of the 9 analysts covering it. M.D.C. Holdings, Inc. (NYSE:MDC)
has the 8th most analyst upgrades in the past four weeks. It was upgraded by 3
brokerage analyst(s) in this period. The stock is rated positively by 5 of the
14 analysts covering it. The Toro Company (NYSE:TTC) has the 9th most analyst
upgrades in the past four weeks. It was upgraded by 3 brokerage analyst(s) in
this period. The stock is rated positively by 4 of the 5 analysts covering it.
Trina Solar Limited (ADR) (NYSE:TSL) has the 10th most analyst upgrades in the
past four weeks. It was upgraded by 2 brokerage analyst(s) in this period. The
stock is rated positively by 24 of the 32 analysts covering it.
four weeks. Sentiment on these stocks is turning more positive. Three Chinese
companies (PWRD, YGE, TSL) are on the list. MannKind Corporation (NASDAQ:MNKD)
has the 1st most analyst upgrades in the past four weeks. It was upgraded by 4
brokerage analyst(s) in this period. The stock is rated positively by 5 of the
11 analysts covering it. Cathay General Bancorp (NASDAQ:CATY) has the 2nd most
analyst upgrades in the past four weeks. It was upgraded by 4 brokerage
analyst(s) in this period. The stock is rated positively by 5 of the 16 analysts
covering it. Werner Enterprises, Inc. (NASDAQ:WERN) has the 3rd most analyst
upgrades in the past four weeks. It was upgraded by 3 brokerage analyst(s) in
this period. The stock is rated positively by 19 of the 26 analysts covering it.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 4th most analyst upgrades in
the past four weeks. It was upgraded by 3 brokerage analyst(s) in this period.
The stock is rated positively by 15 of the 19 analysts covering it. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has the 5th most analyst upgrades in the
past four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The
stock is rated positively by 10 of the 26 analysts covering it. Choice Hotels
International, Inc. (NYSE:CHH) has the 6th most analyst upgrades in the past
four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The stock
is rated positively by 7 of the 22 analysts covering it. Wright Express
Corporation (NYSE:WXS) has the 7th most analyst upgrades in the past four weeks.
It was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 5 of the 9 analysts covering it. M.D.C. Holdings, Inc. (NYSE:MDC)
has the 8th most analyst upgrades in the past four weeks. It was upgraded by 3
brokerage analyst(s) in this period. The stock is rated positively by 5 of the
14 analysts covering it. The Toro Company (NYSE:TTC) has the 9th most analyst
upgrades in the past four weeks. It was upgraded by 3 brokerage analyst(s) in
this period. The stock is rated positively by 4 of the 5 analysts covering it.
Trina Solar Limited (ADR) (NYSE:TSL) has the 10th most analyst upgrades in the
past four weeks. It was upgraded by 2 brokerage analyst(s) in this period. The
stock is rated positively by 24 of the 32 analysts covering it.
Barnes & Noble Earnings Report Shows There’s Still Plenty in Stores
In the wake of the Borders bankruptcy, there's a lot of jeering about how
brick-and-mortar book retailers are destined for the trash heap. Conventional
wisdom claims that the same way Blockbuster was passed by as DVD rentals became
a quaint anachronism, so will booksellers become another victim of the Internet
revolution. Not so fast Barnes & Noble (NYSE: BKS ) just provided a glimmer of
hope with its earnings report today. Numbers impressed Wall Street and sent
shares soaring as much as 17% in early trading. So what is B&N doing right these
days? In the short term, the biggest boost to Barnes & Nobles has been its
evolution into digital sales via its BN.com website and its e-reader, the Nook.
But longer term, the strength of Barnes & Noble could be its ability to become
the only major bookseller that survived the digital revolution allowing it to
become a whale in the smaller pond of brick-and-mortar sales now that the
competition is gone. Here are the specifics of Barnes & Noble earnings: The New
York-based bookseller lost $57 million, or 99 cents per share, for the quarter.
Clearly that's not sign for celebration. However, the silver lining was news
that total sales actually were up 2% year-over-year. The reason for the increase
was even more noteworthy a stunning 140% year-over-year revenue growth in its
Nook e-reader business. Total Nook business was $277 million. In other
impressive digital news, sales at BN.com jumped 37% year-over-year to $198
million, again thanks to the success of Nook and related digital content. Add
those digital sales up and you get an impressive $475 million. Total revenue was
$1.42 billion on the quarter, meaning the Nook and BN.com now account for more
than a third of Barnes & Noble's revenue. That's quite an encouraging sign
to investors. How did B&N pull this off? Well, the company is reaping the
rewards of an earlier push into the digital arena than its peers. Although the
Nook isn't a leader in the e-reader space, its November 2009 release has
allowed the device to at least build a decent following as a secondary player in
the market. Amazon (NASDAQ: AMZN ) has been eating the lunch of bookstores for
years via brisk online book sales, and now the Amazon Kindle and Apple (NASDAQ:
AAPL ) iPad are torching hard-copy book sales with digital titles. BN.com and
the Nook clearly haven't toppled these giants but have managed to generate
enough business to keep the lights on at Barnes & Noble. This is a crucial fact
investors and consumers can't overlook. Don't be fooled by the earnings
headlines focusing on the Nook, because toppling Amazon.com's digital sales or
matching the popularity of the iPad is going to be nearly impossible for B&N.
The power of Barnes & Noble in the long term will be its ability to complement
its traditional sales operations with its digital successes. Borders went under,
and many other booksellers are struggling. But even the least literary of
Americans must admit there remains a role for brick-and-mortar locations, even
in 2011. There's something to be said for browsing titles at the bookstore and
lingering over a latte in the café the same way many consumers grab a pretzel
at the mall and try on jeans before buying. Barnes & Noble has put more time on
the clock with the success of its digital push and will continue to grow its
Nook and BN.com sales to diversify its business. But though the company clearly
could benefit from "right sizing" its retail operations to reduce losses,
the competitive advantage of Barnes & Noble in the long term might be its
ability to outlive its competitors. It would be easy to write off BKS stock as
the next publicly traded company doomed for failure. Shares are off about 7%
this year even after this impressive pop today, and they are down 12% in the
past 52 weeks. But the Nook doesn't have to be the next iPad and BN.com
doesn't have to be Amazon.com for this company to remain relevant. They just
need to generate enough interest to keep B&N in the game and buy enough time
for the company to adjust its retail operations accordingly. Jeff Reeves is
editor of InvestorPlace.com. As of this writing, he did not own a position in
any of the stocks named here. Follow him on Twitter via @JeffReevesIP and become
a fan of InvestorPlace on Facebook .
brick-and-mortar book retailers are destined for the trash heap. Conventional
wisdom claims that the same way Blockbuster was passed by as DVD rentals became
a quaint anachronism, so will booksellers become another victim of the Internet
revolution. Not so fast Barnes & Noble (NYSE: BKS ) just provided a glimmer of
hope with its earnings report today. Numbers impressed Wall Street and sent
shares soaring as much as 17% in early trading. So what is B&N doing right these
days? In the short term, the biggest boost to Barnes & Nobles has been its
evolution into digital sales via its BN.com website and its e-reader, the Nook.
But longer term, the strength of Barnes & Noble could be its ability to become
the only major bookseller that survived the digital revolution allowing it to
become a whale in the smaller pond of brick-and-mortar sales now that the
competition is gone. Here are the specifics of Barnes & Noble earnings: The New
York-based bookseller lost $57 million, or 99 cents per share, for the quarter.
Clearly that's not sign for celebration. However, the silver lining was news
that total sales actually were up 2% year-over-year. The reason for the increase
was even more noteworthy a stunning 140% year-over-year revenue growth in its
Nook e-reader business. Total Nook business was $277 million. In other
impressive digital news, sales at BN.com jumped 37% year-over-year to $198
million, again thanks to the success of Nook and related digital content. Add
those digital sales up and you get an impressive $475 million. Total revenue was
$1.42 billion on the quarter, meaning the Nook and BN.com now account for more
than a third of Barnes & Noble's revenue. That's quite an encouraging sign
to investors. How did B&N pull this off? Well, the company is reaping the
rewards of an earlier push into the digital arena than its peers. Although the
Nook isn't a leader in the e-reader space, its November 2009 release has
allowed the device to at least build a decent following as a secondary player in
the market. Amazon (NASDAQ: AMZN ) has been eating the lunch of bookstores for
years via brisk online book sales, and now the Amazon Kindle and Apple (NASDAQ:
AAPL ) iPad are torching hard-copy book sales with digital titles. BN.com and
the Nook clearly haven't toppled these giants but have managed to generate
enough business to keep the lights on at Barnes & Noble. This is a crucial fact
investors and consumers can't overlook. Don't be fooled by the earnings
headlines focusing on the Nook, because toppling Amazon.com's digital sales or
matching the popularity of the iPad is going to be nearly impossible for B&N.
The power of Barnes & Noble in the long term will be its ability to complement
its traditional sales operations with its digital successes. Borders went under,
and many other booksellers are struggling. But even the least literary of
Americans must admit there remains a role for brick-and-mortar locations, even
in 2011. There's something to be said for browsing titles at the bookstore and
lingering over a latte in the café the same way many consumers grab a pretzel
at the mall and try on jeans before buying. Barnes & Noble has put more time on
the clock with the success of its digital push and will continue to grow its
Nook and BN.com sales to diversify its business. But though the company clearly
could benefit from "right sizing" its retail operations to reduce losses,
the competitive advantage of Barnes & Noble in the long term might be its
ability to outlive its competitors. It would be easy to write off BKS stock as
the next publicly traded company doomed for failure. Shares are off about 7%
this year even after this impressive pop today, and they are down 12% in the
past 52 weeks. But the Nook doesn't have to be the next iPad and BN.com
doesn't have to be Amazon.com for this company to remain relevant. They just
need to generate enough interest to keep B&N in the game and buy enough time
for the company to adjust its retail operations accordingly. Jeff Reeves is
editor of InvestorPlace.com. As of this writing, he did not own a position in
any of the stocks named here. Follow him on Twitter via @JeffReevesIP and become
a fan of InvestorPlace on Facebook .
Gold Spikes as Housing Price Index Falls
Gold spiked higher at the market open Tuesday in the wake of a 4.5%
year-to-year decline in the June S&P/Case-Shiller Index, which measures property
prices in 20 U.S. cities. Spot gold climbed from $1,790 to touch $1,830 per
ounce following the reports release. Spot gold was trading at $1,828 Bid, $1,829
Ask early Tuesday, up $39.50, or 2.21%. Spot silver was trading at $41.42 Bid,
$41.52 Ask, up $0.54, or 1.32%. The London p.m. gold fix came in at $1,825,
while spot silver was set at $40.90 in the London a.m., according to Kitco
market data . Due out Wednesday are the ADP August employment report, July
factory orders, crude oil inventories and Chicago PMI. Initial and continuing
jobless claims, the ISM Index, construction spending, and auto and truck sales
come out Thursday, and Fridays the day for reports on August non-farm payrolls
and unemployment. On the exchanges, gold and silver trusts were sharply higher.
The SPDR Gold Trust (NYSE: GLD ) was more than 2.5% higher. The iShares Gold
Trust (NYSE: IAU ) was up around 2.6%. The iShares Silver Trust (NYSE: SLV ) was
more than 1.9% higher. Gold and silver miners ETFs were moving higher as well.
The Market Vectors Gold Miners ETF (NYSE: GDX ) was up 1%. The Market Vector
Junior Gold Miners ETF (NYSE: GDXJ ) was more than 2% higher. The Global X
Silver Miners ETF (NYSE: SIL ) was 0.75% higher. Shares of gold miners were
higher. Agnico Eagle Mines (USA) (NYSE: AEM ) was up more than 1.2%. Barrick
Gold Corp. (NYSE: ABX ) was around 0.7% higher. Goldcorp (NYSE: GG ) was 0.8%
higher. Newmont Mining Corp. (NYSE: NEM ) was up 0.75%. NovaGold Resources (USA)
(AMEX: NG ) was around 0.7% higher. Silver mining shares also were moving up
early Tuesday. Coeur DAlene Mines Corp. (NYSE: CDE ) was around 1% higher. Hecla
Mining (NYSE: HL ) was about 1.2% higher. Pan American Silver Corp. (USA)
(NASDAQ: PAAS ) was up around 1.4%. Silver Wheaton Corp. (USA) (NYSE: SLW ) was
nearly 1.6% higher. Silver Standard Resources Inc. (USA) (NASDAQ: SSRI ) was up
around 1.3%. The author does not hold positions in any of the above-mentioned
investments.
year-to-year decline in the June S&P/Case-Shiller Index, which measures property
prices in 20 U.S. cities. Spot gold climbed from $1,790 to touch $1,830 per
ounce following the reports release. Spot gold was trading at $1,828 Bid, $1,829
Ask early Tuesday, up $39.50, or 2.21%. Spot silver was trading at $41.42 Bid,
$41.52 Ask, up $0.54, or 1.32%. The London p.m. gold fix came in at $1,825,
while spot silver was set at $40.90 in the London a.m., according to Kitco
market data . Due out Wednesday are the ADP August employment report, July
factory orders, crude oil inventories and Chicago PMI. Initial and continuing
jobless claims, the ISM Index, construction spending, and auto and truck sales
come out Thursday, and Fridays the day for reports on August non-farm payrolls
and unemployment. On the exchanges, gold and silver trusts were sharply higher.
The SPDR Gold Trust (NYSE: GLD ) was more than 2.5% higher. The iShares Gold
Trust (NYSE: IAU ) was up around 2.6%. The iShares Silver Trust (NYSE: SLV ) was
more than 1.9% higher. Gold and silver miners ETFs were moving higher as well.
The Market Vectors Gold Miners ETF (NYSE: GDX ) was up 1%. The Market Vector
Junior Gold Miners ETF (NYSE: GDXJ ) was more than 2% higher. The Global X
Silver Miners ETF (NYSE: SIL ) was 0.75% higher. Shares of gold miners were
higher. Agnico Eagle Mines (USA) (NYSE: AEM ) was up more than 1.2%. Barrick
Gold Corp. (NYSE: ABX ) was around 0.7% higher. Goldcorp (NYSE: GG ) was 0.8%
higher. Newmont Mining Corp. (NYSE: NEM ) was up 0.75%. NovaGold Resources (USA)
(AMEX: NG ) was around 0.7% higher. Silver mining shares also were moving up
early Tuesday. Coeur DAlene Mines Corp. (NYSE: CDE ) was around 1% higher. Hecla
Mining (NYSE: HL ) was about 1.2% higher. Pan American Silver Corp. (USA)
(NASDAQ: PAAS ) was up around 1.4%. Silver Wheaton Corp. (USA) (NYSE: SLW ) was
nearly 1.6% higher. Silver Standard Resources Inc. (USA) (NASDAQ: SSRI ) was up
around 1.3%. The author does not hold positions in any of the above-mentioned
investments.
Gold Futures Rebound, Hit $1,840
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DG365FD46564GFH654FU898 Gold futures rebounded Tuesday amid broad-based gains in precious metals. Following yesterday’s slide, COMEX gold futures – per the December contract – finished higher by $38.20, or 2.1%, at $1,829.80 per ounce. Gold futures extended their gains in electronic trading following the COMEX close, reaching an intra-day high of $1,840.00 per ounce. One catalyst for the yellow metal was the release of the latest Fed minutes, in which several members of the U.S. central bank advocated for additional monetary stimulus measures. Silver futures climbed alongside gold, with the COMEX September contract rising $0.88, or 2.2%, to $41.48 per ounce. Platinum advanced 1.8% to $1,857.00 this afternoon, while palladium surged 3.1% to $779.35 per ounce. Read More: Gold Futures Rebound, Hit $1,840
Top 10 Best-Performing Consumer Electronics Stocks Year-to-Date: KOSS, ATV, SRSL, IFON, MSN, NTE, MCZ, HAR, VOXX, PC (Aug 30, 2011)
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tdp2664 China Analyst Below are the top 10 best-performing Consumer Electronics stocks year-to-date. Two Chinese companies (ATV, NTE) are on the list. Koss Corporation (NASDAQ:KOSS) is the 1st best-performing stock year-to-date in this segment of the market. It has risen 22.60% since the beginning of this year. Its price percentage change was 7.36% for the last 52 weeks. Acorn International, Inc. (ADR) (NYSE:ATV) is the 2nd best-performing stock year-to-date in this segment of the market. It has risen -1.66% since the beginning of this year. Its price percentage change was 2.47% for the last 52 weeks. SRS Labs, Inc. (NASDAQ:SRSL) is the 3rd best-performing stock year-to-date in this segment of the market. It has risen -8.85% since the beginning of this year. Its price percentage change was -11.37% for the last 52 weeks. InfoSonics Corporation (NASDAQ:IFON) is the 4th best-performing stock year-to-date in this segment of the market. It has risen -18.18% since the beginning of this year. Its price percentage change was 1.61% for the last 52 weeks. Emerson Radio Corp (AMEX:MSN) is the 5th best-performing stock year-to-date in this segment of the market. It has risen -18.69% since the beginning of this year. Its price percentage change was -35.08% for the last 52 weeks. Nam Tai Electronics, Inc. (NYSE:NTE) is the 6th best-performing stock year-to-date in this segment of the market. It has risen -19.69% since the beginning of this year. Its price percentage change was 7.76% for the last 52 weeks. Mad Catz Interactive, Inc. (USA) (AMEX:MCZ) is the 7th best-performing stock year-to-date in this segment of the market. It has risen -21.57% since the beginning of this year. Its price percentage change was 91.16% for the last 52 weeks. Harman International Industries Inc./DE/ (NYSE:HAR) is the 8th best-performing stock year-to-date in this segment of the market. It has risen -21.97% since the beginning of this year. Its price percentage change was 12.20% for the last 52 weeks. Audiovox Corporation (NASDAQ:VOXX) is the 9th best-performing stock year-to-date in this segment of the market. It has risen -24.91% since the beginning of this year. Its price percentage change was -0.31% for the last 52 weeks. Panasonic Corporation (ADR) (NYSE:PC) is the 10th best-performing stock year-to-date in this segment of the market. It has risen -25.60% since the beginning of this year. Its price percentage change was -17.34% for the last 52 weeks.
Today’s Stock Market Stock News; Dow Jones Industrial Average DJIA Index: DJX DJI, Nasdaq, S&P 500 Investing News Close
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dow2664 As the trading session approached close, the primary indices were back in the green again. The Dow Jones , Nasdaq and S&P 500 were moving in positive territory at this point. It was somewhat choppy today as trends went lower, then climbed higher only to trail off lower again as the day approached close. U.S. stocks finished stronger yesterday after economic reports were better than expected. Today, the Case-Shiller 20-city home price index posted a rise of 3.6 percent during the second quarter. This was a bit of positive news for the housing sector. Overall though, home prices are still negative over the course of the year. Additional bad news stemmed from the Conference Boards report today. Consumer confidence dropped in August as the index fell back to 44.5 which was down from the 59.2 reading that posted for July. This was the lowest level for consumer confidence since April of 2009. Investors flinched at this report and stocks struggled to close the day higher. Just prior to official close for today’s trading session in the U.S., the DJIA was still positive at .65 percent at 11,614.74. The Nasdaq was still green by 1.07 percent at 2,589.31. The S&P 500 was green by .83 percent at 1,220.04. The dollar gained strength this day and gold was moving higher again. Frank Matto
If Moses had Facebook
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dow2664 This video has nothing to do with investments or the stock market , but it is an interesting modern day twist on history.
Michael Vick Agrees to Record Contract with Philadelphia Eagles NFL News; Is it Fantasy Football Or Will Vick Take Philadelphia to Super Bowl
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dow2664 Vick agrees to huge contract with the Philadelphia Eagles. It is a big pay day for Vick and with the immense size of the contract comes controversy. He is now one of the highest players in the National Football League. Vick came to the Philadelphia Eagles in 2009 and was the third string quarterback. Now in just a couple years time, he parlayed his talents into one of the richest deals on the planet. Prior to landing with the Eagles, Michael Vick was serving jail time due to off the field transgressions relating to dog fighting. He served his time, got out and stayed clean, and now is a rich man once again. Rumors are that the contract is as rich as 100 million dollars over its life. Prior to his jail sentence, Vick had been playing in Atlanta were he received a 130 million dollar deal. All of that was lost when he broke the law. Now the Eagles have given him a second chance and a lot of money. the deal that the Eagles gave to Vick includes a guaranteed 40 million dollars. There are countless in America that are unsure if Vick deserves this contract. He has never won a Super Bowl, but now makes more than those that have won at least one and in some cases more than one. Micheal Vick has remained composed through this process, but there is no doubt that increased pressure will tag along with the increase in money. Many will tune in to see the results. Stephen Johnson
Tuesday’s OptionsPlace: Piling Into DryShips Calls
With stocks pushing to three-week highs, options volatility continued its
downtrend on Tuesday. The CBOE Market Volatility Index was down 0.8% to 32.01
– its lowest level in nearly two weeks. The CBOE put/call ratio was recently
at 1.02, continuing to hold between its 50-day and 200-day moving average. Here
are some notable options movers: Molycorp (NYSE: MCP ): With the underlying
stock up more than 5% on merger speculation, the company's call-options are
getting interest, with 14,300 calls trading vs. 6,900 puts. DryShips (NASDAQ:
DRYS ): The company reports earnings Tuesday after the close. About 6,000 calls
have traded vs. 750 puts. Its Sep 4 calls have traded 1,060 contracts vs. open
interest of 22,300, pushing implied volatility up about 8 points to 92%. Equinix
(NASDAQ: EQIX ): Its Sep 85 puts are popular, with 1,000 contracts trading vs.
open interest of 1,030, pushing implied volatility up about 3 points to 58%.
Supervalu (NYSE: SVU ): The company's Sep 8 puts are active, with 2,240
contracts trading vs. open interest of 2,850, pushing implied volatility down
about 7 points to 59%.
downtrend on Tuesday. The CBOE Market Volatility Index was down 0.8% to 32.01
– its lowest level in nearly two weeks. The CBOE put/call ratio was recently
at 1.02, continuing to hold between its 50-day and 200-day moving average. Here
are some notable options movers: Molycorp (NYSE: MCP ): With the underlying
stock up more than 5% on merger speculation, the company's call-options are
getting interest, with 14,300 calls trading vs. 6,900 puts. DryShips (NASDAQ:
DRYS ): The company reports earnings Tuesday after the close. About 6,000 calls
have traded vs. 750 puts. Its Sep 4 calls have traded 1,060 contracts vs. open
interest of 22,300, pushing implied volatility up about 8 points to 92%. Equinix
(NASDAQ: EQIX ): Its Sep 85 puts are popular, with 1,000 contracts trading vs.
open interest of 1,030, pushing implied volatility up about 3 points to 58%.
Supervalu (NYSE: SVU ): The company's Sep 8 puts are active, with 2,240
contracts trading vs. open interest of 2,850, pushing implied volatility down
about 7 points to 59%.
Top 10 Coal Stocks with Highest Dividend Yield: OXF, RNO, PVR, NRP, ARLP, AHGP, YZC, ACI, CNX, BTU (Aug 30, 2011)
Below are the top 10 Coal stocks with highest dividend yields for the last 12
months. One Chinese company (YZC) is on the list. Oxford Resource Partners, LP
(NYSE:OXF) has the 1st highest dividend yield in this segment of the market. Its
current dividend yield is 9.00%. Its dividend payout ratio was N/A for the last
12 months. Rhino Resource Partners, L.P. (NYSE:RNO) has the 2nd highest dividend
yield in this segment of the market. Its current dividend yield is 8.64%. Its
dividend payout ratio was 65.71% for the last 12 months. Penn Virginia Resource
Partners L P (NYSE:PVR) has the 3rd highest dividend yield in this segment of
the market. Its current dividend yield is 7.54%. Its dividend payout ratio was
162.68% for the last 12 months. Natural Resource Partners LP (NYSE:NRP) has the
4th highest dividend yield in this segment of the market. Its current dividend
yield is 7.45%. Its dividend payout ratio was 129.62% for the last 12 months.
Alliance Resource Partners, L.P. (NASDAQ:ARLP) has the 5th highest dividend
yield in this segment of the market. Its current dividend yield is 5.10%. Its
dividend payout ratio was 46.25% for the last 12 months. Alliance Holdings GP,
L.P. (NASDAQ:AHGP) has the 6th highest dividend yield in this segment of the
market. Its current dividend yield is 4.91%. Its dividend payout ratio was
64.38% for the last 12 months. Yanzhou Coal Mining Co. (ADR) (NYSE:YZC) has the
7th highest dividend yield in this segment of the market. Its current dividend
yield is 3.26%. Its dividend payout ratio was 24.70% for the last 12 months.
Arch Coal Inc (NYSE:ACI) has the 8th highest dividend yield in this segment of
the market. Its current dividend yield is 2.17%. Its dividend payout ratio was
44.66% for the last 12 months. CONSOL Energy Inc. (NYSE:CNX) has the 9th highest
dividend yield in this segment of the market. Its current dividend yield is
0.89%. Its dividend payout ratio was 20.13% for the last 12 months. Peabody
Energy Corporation (NYSE:BTU) has the 10th highest dividend yield in this
segment of the market. Its current dividend yield is 0.70%. Its dividend payout
ratio was 9.92% for the last 12 months.
months. One Chinese company (YZC) is on the list. Oxford Resource Partners, LP
(NYSE:OXF) has the 1st highest dividend yield in this segment of the market. Its
current dividend yield is 9.00%. Its dividend payout ratio was N/A for the last
12 months. Rhino Resource Partners, L.P. (NYSE:RNO) has the 2nd highest dividend
yield in this segment of the market. Its current dividend yield is 8.64%. Its
dividend payout ratio was 65.71% for the last 12 months. Penn Virginia Resource
Partners L P (NYSE:PVR) has the 3rd highest dividend yield in this segment of
the market. Its current dividend yield is 7.54%. Its dividend payout ratio was
162.68% for the last 12 months. Natural Resource Partners LP (NYSE:NRP) has the
4th highest dividend yield in this segment of the market. Its current dividend
yield is 7.45%. Its dividend payout ratio was 129.62% for the last 12 months.
Alliance Resource Partners, L.P. (NASDAQ:ARLP) has the 5th highest dividend
yield in this segment of the market. Its current dividend yield is 5.10%. Its
dividend payout ratio was 46.25% for the last 12 months. Alliance Holdings GP,
L.P. (NASDAQ:AHGP) has the 6th highest dividend yield in this segment of the
market. Its current dividend yield is 4.91%. Its dividend payout ratio was
64.38% for the last 12 months. Yanzhou Coal Mining Co. (ADR) (NYSE:YZC) has the
7th highest dividend yield in this segment of the market. Its current dividend
yield is 3.26%. Its dividend payout ratio was 24.70% for the last 12 months.
Arch Coal Inc (NYSE:ACI) has the 8th highest dividend yield in this segment of
the market. Its current dividend yield is 2.17%. Its dividend payout ratio was
44.66% for the last 12 months. CONSOL Energy Inc. (NYSE:CNX) has the 9th highest
dividend yield in this segment of the market. Its current dividend yield is
0.89%. Its dividend payout ratio was 20.13% for the last 12 months. Peabody
Energy Corporation (NYSE:BTU) has the 10th highest dividend yield in this
segment of the market. Its current dividend yield is 0.70%. Its dividend payout
ratio was 9.92% for the last 12 months.
Top 6 Stocks for September
Secure Stocks for an Unsure Market High unemployment, a shaky economy with talk
of a "double-dip recession," and more debt crises in Europe drove stocks
lower in August. And fear of lower prices has kept the public out of stocks
following the breakdown of the major indices early in the month. Technically a
Dow Theory Bear Market signal resulted from a mid-month breakdown, and other
technical characteristics followed including a "death cross" and a plunge in
the S&P 500 to 1,101 and last summer's trading range. Late in the month, the
indices formed symmetrical triangles, which are continuation patterns that
indicate indecision in this case a three-week period of indecision due to the
withdrawal of the public from a market that is in the hands of "high-frequency
trading." Normally a pattern like this breaks in the direction of the major
trend (down). But due to the currently unnatural source of trading (computer to
computer), it could break on the upside and run the broad market back to the
breakdown point at 1,260. But lower prices also provide opportunities to buy
quality stocks at bargain prices, and this month's list of stocks to buy has
been examined for those opportunistic bargains. Here are the top stocks to buy
for September:
of a "double-dip recession," and more debt crises in Europe drove stocks
lower in August. And fear of lower prices has kept the public out of stocks
following the breakdown of the major indices early in the month. Technically a
Dow Theory Bear Market signal resulted from a mid-month breakdown, and other
technical characteristics followed including a "death cross" and a plunge in
the S&P 500 to 1,101 and last summer's trading range. Late in the month, the
indices formed symmetrical triangles, which are continuation patterns that
indicate indecision in this case a three-week period of indecision due to the
withdrawal of the public from a market that is in the hands of "high-frequency
trading." Normally a pattern like this breaks in the direction of the major
trend (down). But due to the currently unnatural source of trading (computer to
computer), it could break on the upside and run the broad market back to the
breakdown point at 1,260. But lower prices also provide opportunities to buy
quality stocks at bargain prices, and this month's list of stocks to buy has
been examined for those opportunistic bargains. Here are the top stocks to buy
for September:
Todays Spot gold price per gram, Spot silver prices; Gold Contract Price Per ounce, Silver Contract price per ounce
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dow2664 The stock market in the U.S. fluctuated a bit today and precious metal gold prices took advantage. Gold prices moved higher today just one day after stocks notched the gains and gold took the hit. Today, economic reports were not as positive and stocks felt the pressure, especially in the second half of the trading session. The Consumer confidence report posted this afternoon via the Conference Board and the results did not invoke confidence. The consumer confidence index was at its lowest level since 2009. Officially, the index dropped from a reading of 59.2 in July to 44.5 in August. The economic reverberations of this are significant and precious metal gold felt the vibrations. The vibrations were good for gold today as its safe haven appeal helped it bump higher on the price ladder. Just prior to official close in the U.S., gold contract for December delivery posted green by 2.13 percent at 1829.80 per troy ounce. Silver contract for September delivery posted higher by 2.10 percent at41.40 per troy ounce. Spot gold and spot silver were also moving higher at this point as well. Spot gold price per gram was green by 1.62 at 59.12 and spot silver price per ounce was green by .95 at 41.50. Camillo Zucari
Analyst Actions on Chinese Stocks: ACH, CEA, CHU, CISG, CO, CYOU, GEDU, JADE … (Aug 30, 2011)
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tdp2664 China Analyst Below are today's
While We Have Our Eye’s on One Dollar Moves, Silver is Planning to Triple, Gold to Double and More
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DG365FD46564GFH654FU898 Gold Price Close Today : 1826.70 Change : 38.20 or 2.1% Silver Price Close Today : 41.398 Change : 0.852 or 2.1% Gold Silver Ratio Today : 44.13 Change : 0.015 or 0.0% Silver Gold Ratio Today : 0.02266 Change : -0.000008 or 0.0% Platinum Price Close Today : 1855.50 Change : 31.50 or 1.7% Palladium Price Close Today : 773.50 Change : 17.35 or 2.3% S&P 500 : 1,212.92 Change : 2.84 or 0.2% Dow In GOLD$ : $13,081.81 Change : $ (277.82) or -2.1% Dow in GOLD oz : 632.832 Change : -13.439 or -2.1% Dow in SILVER oz : 27,923.93 Change : -586.26 or -2.1% Dow Industrial : 1,155,995.00 Change : 20.67 or 0.0% US Dollar Index : 73.98 Change : 0.256 or 0.3% The GOLD PRICE baffled everyone today by rising $38.20 on Comex and closing at $1,826.70. It’s now trading at $1,839.10, but nobody — least of all me — seems to know why, other than, “Somebody’s buying it.” GOLD is pounding hard on that $1,850 ceiling, or it is tracing a double top with last Friday at $,1850. First important support stands at $1,780. Overhead the SILVER PRICE needs to barrel through $1,850, and soon, or admit to beginning a longer correction. I am blowing hot and cold out of both sides of my mouth — like a parricide throwing himself on the mercy of the court because he’s an orphan — because although gold’s past 10 days’ performance gives it a downward bias, I have been consistently UNDERestimating gold’s performance. If it closes higher tomorrow I will admit it is rising again and hop aboard. The SILVER PRICE has also beaten me up lately. Friday, yesterday, and today the SILVER PRICE has traded in a range of roughly 4025c to 4150c. This patter either marks a top or a continuation (a breather before rising higher). SILVER actually looks more likely to rise than GOLD . Last week’s correction took it nearly to its 50dma, and set up what might be another move up. Ratio rose today, but remains equivocal. Down below the SILVER PRICE needs to hold 3976c, while up above it must cross 4200c, then 4400c to prove anything at all. All this is just dithering about what tomorrow might bring, but the long term outlook has not changed. While we have our eye’s on one dollar moves, silver is planning to triple, gold to double and more. These markets are not suitable for shallow pockets or the impatient. Stocks stalled today at 11,600, unable to punch through resistance there. Better shoot the general in charge and bring out another. Dow needs some new energy breach 11,600. Dow closed today up a nothing 20.7, a jiggle, to 11,559.95. S&P waddled right along side, up 2.84 to 1,212.92. Temporarily momentum is up because day before yesterday stocks closed above their 20 day moving average. Still, that needs to be confirmed by a continuing advance and a close over the 50 dma, now at 11,926. Here’s what I don’t like about the US Stock Market : a real stock market has an economy behind it. The US stock market doesn’t, at least, not one that is anything grander than a filmy veil hiding the ugliest bride you can imagine. Somebody’s getting fooled. Stocks — they are the sow behind the propaganda lipstick. Watching currencies — all of ‘em — is like being dragged to your child’s fiddle recital. Some of the children are getting it, but up steps one or two who are wasting their parent’s money shamefully and would be better off being taught how to do something useful like changing tires or laying asphalt. Y’all know what this is like. The performance is painfully bad, so bad you don’t even lean over to your wife and giggle in her ear, because the spectacle is so embarrassing for everybody you’d be ashamed to do that. Anyhow, the US dollar index rose 25.6 basis points today, a magnificent 1/3 of 1%, to 73.977. More meaningless movement within a narrow range, before a rally which will probably proceed a drop to 39 [sic] or so. Yesterday the dollar defended and validated support above 73.40. Wow. That leaves me so excited I’m not sure I can stay awake. Then there’s the euro. Yesterday it traded to the top of its narrow range (high 1.4546), then today gapped DOWN to close at 1.4443, down 1/2%. Euro has a great future as an oddity of history. Yen remains close to the top of its range, held down only by the mortification of the Japanese Nice Government Men. Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down. Whenever I write “Stay out of stocks” readers inevitably ask, “Do you mean precious metals mining stocks, too?” No, I don’t. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures.
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