Friday, May 6, 2011

Today’s Gold and Silver Price Per Ounce; Spot Gold Per Gram Spot Silver Per Kilo; Precious Metal Profit Invest News Close

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dow2664 The stock market today revealed that trendlines for commodities in general continued to display somewhat volatile action. Today’s gold and silver price trends revealed that the better than expected jobs report that posted this morning helped investors feel more confident and that precious metal demand might be more sustained than originally thought, at least for precious metal gold. Gold price per ounce rates dropped lower Thursday but began to notch higher today after the jobs report posted. Silver continued to post red values halfway through the open market trading session today in the United States but pared early losses after the jobs report posted as trending then began to work its way back towards break-even for the day. Generally though, gold was on a rally today and today’s silver price per ounce rates continued to trend in negative territory. The dollar was gaining strength today versus other major currencies which also placed pressure on precious metal gold and silver trends. The major index composites still ended the week overall on the negative side and gold and silver close values for the day were mixed. Gold contract for June delivery ended the session higher by 10.20 at 1491.60. July silver contract ended today’s session with a floor price lower by .953 at 35.29 per troy ounce. After session close, today’s spot gold and spot silver prices were posting parallel results. Spot gold per kilo was green by 335.98 at 47948.98 and spot silver per kilo was red by 30.51 at 1134.34. Spot gold per gram was green by .34 at 47.95. Author: Camillo Zucari



BVL cierra con fuerte alza de 5.48% impulsada por acciones mineras e industriales

La Bolsa de Valores de Lima (BVL) presentó fuertes ganancias al cierre de la sesión de hoy, reportando su Indice General un avance de 5.48 por ciento, el segundo más alto registrado en la semana, impulsada por las acciones mineras e industriales pese a la volatilidad de los metales en el exterior.

El Indice General de la BVL, el más representativo de la bolsa local, subió 5.48 por ciento al pasar de 20,638 a 21,769 puntos.

El Indice Selectivo de la plaza bursátil limeña, que está conformado por las 15 acciones más negociadas en el mercado, avanzó 4.89 por ciento al pasar de 28,765 a 30,171 puntos.

El Indice Nacional de Capitalización (INCA), conformado por las 20 acciones más líquidas que cotizan en la BVL, se apreció 4.82 por ciento.

En la sesión de hoy el monto negociado en acciones se situó en 141.54 millones de nuevos soles en 3,283 operaciones de compra y venta.

Entre las principales acciones que presentaron una evolución positiva en la BVL destacan las de Atacocha B (15.89 por ciento), Río Cristal (14.29 por ciento) y Panoro Minerals (14.89 por ciento).

El analista de Juan Magot y Asociados Sociedad Agente de Bolsa (SAB), Omar Delgado, señaló que la BVL se vio especialmente favorecida por las acciones mineras e industriales que subieron 5.40 y 5.77 por ciento, respectivamente.

Hay expectativas por las próximas encuestas a publicarse, tanto así que el portafolio EPU en Nueva York, cartera de acciones de 25 empresas peruanas agrupadas en un Exchange Traded Fund (ETF) bajo la denominación de ETF iShares EPU, subió más de seis por ciento en un momento determinado, indicó a la agencia Andina.

Consideró que los inversionistas están tomando posición en los papeles de empresas que están más retrasados, anticipando un menor riesgo político, lo que se verificaría en el alto volumen negociado hoy.

"Si el domingo se publica en las encuestas un empate técnico entre los candidatos presidenciales, el mercado reaccionaría favorablemente el lunes, luego de lo cual podría haber una toma de ganancias, ese mismo día o en los días siguientes", anotó.

Consideró que posteriormente, dependiendo de la tendencia electoral que se vaya viendo, los inversionistas podrían empezar a hacer compras de más largo plazo.

Los mercados regionales cerraron mixtos, mientras que la Bolsa de Valores de Nueva York (NYSE) presentó indicadores favorables.

El índice industrial Dow Jones de la bolsa neoyorquina subió 1.10 por ciento, el indicador tecnológico Nasdaq y el índice Standard & Poor's avanzaron 0.48 y 0.91 por ciento, respectivamente.

Via Andina

eco2514



BVL cierra con fuerte alza de 5.48% impulsada por acciones mineras e industriales

La Bolsa de Valores de Lima (BVL) presentó fuertes ganancias al cierre de la sesión de hoy, reportando su Indice General un avance de 5.48 por ciento, el segundo más alto registrado en la semana, impulsada por las acciones mineras e industriales pese a la volatilidad de los metales en el exterior.

El Indice General de la BVL, el más representativo de la bolsa local, subió 5.48 por ciento al pasar de 20,638 a 21,769 puntos.

El Indice Selectivo de la plaza bursátil limeña, que está conformado por las 15 acciones más negociadas en el mercado, avanzó 4.89 por ciento al pasar de 28,765 a 30,171 puntos.

El Indice Nacional de Capitalización (INCA), conformado por las 20 acciones más líquidas que cotizan en la BVL, se apreció 4.82 por ciento.

En la sesión de hoy el monto negociado en acciones se situó en 141.54 millones de nuevos soles en 3,283 operaciones de compra y venta.

Entre las principales acciones que presentaron una evolución positiva en la BVL destacan las de Atacocha B (15.89 por ciento), Río Cristal (14.29 por ciento) y Panoro Minerals (14.89 por ciento).

El analista de Juan Magot y Asociados Sociedad Agente de Bolsa (SAB), Omar Delgado, señaló que la BVL se vio especialmente favorecida por las acciones mineras e industriales que subieron 5.40 y 5.77 por ciento, respectivamente.

Hay expectativas por las próximas encuestas a publicarse, tanto así que el portafolio EPU en Nueva York, cartera de acciones de 25 empresas peruanas agrupadas en un Exchange Traded Fund (ETF) bajo la denominación de ETF iShares EPU, subió más de seis por ciento en un momento determinado, indicó a la agencia Andina.

Consideró que los inversionistas están tomando posición en los papeles de empresas que están más retrasados, anticipando un menor riesgo político, lo que se verificaría en el alto volumen negociado hoy.

"Si el domingo se publica en las encuestas un empate técnico entre los candidatos presidenciales, el mercado reaccionaría favorablemente el lunes, luego de lo cual podría haber una toma de ganancias, ese mismo día o en los días siguientes", anotó.

Consideró que posteriormente, dependiendo de la tendencia electoral que se vaya viendo, los inversionistas podrían empezar a hacer compras de más largo plazo.

Los mercados regionales cerraron mixtos, mientras que la Bolsa de Valores de Nueva York (NYSE) presentó indicadores favorables.

El índice industrial Dow Jones de la bolsa neoyorquina subió 1.10 por ciento, el indicador tecnológico Nasdaq y el índice Standard & Poor's avanzaron 0.48 y 0.91 por ciento, respectivamente.

Via Andina

eco2514



Analyst Actions on Chinese Stocks: BONA, CNYD, COGO, CSR, FEED, FSIN, JOBS, SPRD ... (May 6, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Cowen and
Company reiterated Outperform rating on Bona Film Group Ltd (NASDAQ:BONA).
Global Hunter Securities reiterated Buy rating on China Yida Holding, Co.
(NASDAQ:CNYD), and maintained $12 price target. Barclays Capital maintained
Overweight rating and $11 price target on Cogo Group, Inc. (NASDAQ:COGO).
Canaccord Genuity reiterated Buy rating and $13 price target on Cogo Group, Inc.
(NASDAQ:COGO). Roth Capital Partners maintained Buy rating and $11 price target
on Cogo Group, Inc. (NASDAQ:COGO). BNP Paribas Securities maintained Buy rating
on China Security & Surveillance Tech. Inc. (NYSE:CSR), and cut price target
from $8.60 to $8.00. Rodman & Renshaw cut the price target of AgFeed Industries,
Inc. (NASDAQ:FEED) to $4, with a Market Outperform rating. Jefferies & Company
reiterated Hold rating on Fushi Copperweld, Inc. (NASDAQ:FSIN), and maintained
$11 price target. Citigroup reiterated Buy rating on 51job, Inc. (NASDAQ:JOBS),
and raised price target from $70 to $80. Morgan Stanley reiterated Overweight
rating on 51job, Inc. (NASDAQ:JOBS). Morgan Stanley maintained Overweight rating
on Spreadtrum Communications, Inc (NASDAQ:SPRD), and raised price target from
$26 to $27. RBS reiterated Buy rating on Spreadtrum Communications, Inc
(NASDAQ:SPRD), and raised price target from $31 to $33. Samsung Securities
maintained Buy rating on Spreadtrum Communications, Inc (NASDAQ:SPRD), and
raised price target from $24 to $25. Deutsche Bank maintained Buy rating and $27
price target on Seaspan Corporation (NYSE:SSW). Bank of America maintain our
Underperform rating and $18 price objective on Seaspan Corporation (NYSE:SSW).
Deutsche Bank maintained Buy rating on Trina Solar Limited (NYSE:TSL). Morgan
Stanley maintained Overweight rating on VisionChina Media Inc (NASDAQ:VISN).
Bank of America maintained Neutral rating on VisionChina Media Inc
(NASDAQ:VISN), and cut price objective from $4.7 to $4.5. Piper Jaffray
initiated coverage of Xueda Education Group (NYSE:XUE) with Overweight rating
and $14 price target. Goldman Sachs maintained Neutral rating on Youku.com Inc
(NYSE:YOKU), and raised price target from $54 to $57. Piper Jaffray maintained
Neutral rating and $60 price target on Youku.com Inc (NYSE:YOKU). Macquarie
reiterated Underperform rating and $32 price target on Youku.com Inc
(NYSE:YOKU). Nomura maintained Buy rating and $65 price target on Youku.com Inc
(NYSE:YOKU). Deutsche Bank maintained Buy rating on Yingli Green Energy Hold.
Co. Ltd. (NYSE:YGE).

Inept Fed Creates Commodity Bubble

Federal Reserve Chairman Ben Bernanke in a press conference last week made
comments about the U.S. Dollar including that "it fluctuates." The only
direction it has fluctuated since he has been in charge at the Fed is lower. If
lower and fluctuation are synonyms, I wish my weight would fluctuate! If the Fed
continues on the same path it is possible that the dollar could go through a
real currency crisis. The potential for such an event is intensified by the fact
that Asia and Europe are raising interest rates due to inflationary pressures.
Time will tell but gold and silver remain strong. However I would not fall in
love with either commodity, or any commodity for that matter. Whether we have a
currency crisis or not, there should be no surprise in this nasty sell off in
silver. I agree with many market prognosticators in that we are in a commodity
bubble. The weekly chart of silver futures below illustrates just how parabolic
the move has been: At some point the dollar will bottom, and when it does a
significant rally will take shape. When the dollar rallies it has the potential
to be sharp and fast. Silver would be hit hardest as the chart above shows the
parabolic move higher that has transpired over the past few months. The timing
of the dollar's bottom is difficult to quantify, and picking bottoms is a
fool's game. Nevertheless, the commodity charts will tell us when it's time
for the rally to unfold, but for right now prices will likely continue higher
for commodities and equities. Longer-term, precious metals investors might be
able to withstand the impending sell off. The other side of that sell off will
likely see gold and silver work higher still. Longer term gold and silver will
likely perform well, but traders must be aware that a sharp pullback is not only
likely, but would be considered healthy by many market participants. The Dollar
Index weekly chart illustrates the sharp sell off in the dollar the past few
months. The longer term SPX chart may be a guide as to when the dollar will
begin to bottom. The S&P Index Options (CBOE: SPX ) weekly chart shown below
illustrates the long term ascending channel that the S&P 500 has been trading in
for some time. My educated guess as to when the dollar will begin to bottom will
likely coincide with a test of the ascending trend line. In previous articles, I
opined that I thought we would see the S&P 500 rally. We are in that process
now. My guess is that about the time the S&P 500 tests the rising channel we
will see the dollar begin to bottom. The short opportunities that will be
presented from a risk/reward perspective could be outstanding. Cycles typically
line up, particularly when one particular asset, in this case the dollar, are
driving markets in one particular direction for a long period of time. Typically
business cycles end when there are rallies in commodities and commodity-based
stocks such as Exxon (NYSE: XOM ) and Barrick Gold (NYSE: ABX ). We are in that
stage of the business cycle right now, and typically when that stage has been
reached it is indicative that the economy is starting to overheat. Cyclicality
in financial markets has been discussed for years, but often technical analysis
will align with the business cycle. While I may not be exactly right as to the
timing, it certainly gives a solid framework for risk-based decisions going
forward. Conclusion I believe that the actions taken by the Fed for the past
two-three years are going to result in additional selling pressure for the
dollar. That will propel commodity and equity futures prices higher than what
many will expect. While the sell off may occur within the confines of a short-
to-intermediate-term time frame, the dollar will eventually bottom and a nasty
sell-off in commodities and stocks will transpire. Then the next leg of the
secular bear market will begin. The business cycle and the technicals are
aligned at this point; the question is really how long it is going to take to
get there. The end game will likely result in the Fed looking foolish while the
American people and the global economy suffers. The possibility that the Fed is
forced to raise interest rates to slow down inflation at the same time the
dollar bottoms is a recipe for an economic disaster. Slowing economic conditions
based on higher oil prices and inflationary pressures paired with higher
interest rates will result in another recession fueled by the Fed's
Keynes-based economic models and decision making. Bernanke was right about one
thing the Fed uses educated guesses based on its models when setting monetary
policy. I posit to readers, what happens if the Fed chairman and governors'
price models and educated guesses are completely false? Get My Free Trade
Setups: http://www.optionstradingsignals.com/profitable-options-solutions.php

Newell Rubbermaid Inc. (NYSE:NWL) 1Q11 Beats Expectations

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Epic Stock Picks
On April 29, 2011, Newell Rubbermaid Inc. (NYSE:NWL) reported first fiscal quarter results above consensus was primarily tax rate-driven The Company reported first fiscal quarter net income of $75.7 million or 25 cents a share, an increase of 29.62% from net income of $58.4 million or 19 cents a share, in the prior year, above consensus of 30 cents a share. Excluding called-out items, normalized EPS were $0.30 compared with consensus estimate of $0.28. Net sales during the quarter declined 0.3% year over year to $1.303 billion from $1.306 billion in the same quarter, a year earlier, above the consensus of $1.332 billion. Core sales declined 1.7% offset partially by 1.4% of favorable currency translation.  Adjusted for $40 million of timing shifts due to SAP pre-buy in the prior year quarter and some year-end pull forward to qualify for volume rebates, core sales would have increased 1.5%.  Office Products sales increased 3.8% year-over-year to $365 million. Gross margins were quite strong in the quarter, expanding 160 basis points year over year to 37.7%. This increase in gross margin is due to productivity gains and improved mix, which more than offset commodity cost inflation. The Company reaffirmed its FY 2011 EPS guidance range of $1.67 to $1.70 which assumes core sales growth of 4% to 5%, 1% to 2% of favorable currency translation, and 50 to 75 basis points of gross margin expansion. The Company’s fiscal 2011 normalized EPS expectation excludes between $80 and $85 million of restructuring and other Plan-related costs associated with the Company’s European Transformation Plan. Analysts on an average are expecting the Company to report revenue of $6.04 billion and EPS of $1.69 for fiscal 2011. Shares of a global marketer of consumer and commercial products went down by 5.47% to $18.65. Volume of 5.97 million shares has been traded compared to the daily average of 2.39 million shares. The 52 week range of the stock is $14.14-$20.38. The market capital of the stock stands at $5.79 billion with P/E of 19.67. Its products are marketed under a portfolio of brands, including Rubbermaid, Graco, Aprica, Levolor, Calphalon, Goody, Sharpie, Paper Mate, Dymo, Parker, Waterman, Irwin, Lenox and Technical Concepts. Its multi-product offering consists of consumer and commercial products in three business segments: Home & Family; Office Products, and Tools, Hardware & Commercial Products.



Calculating Move From Raytheon (NYSE:RTN)

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Raytheon (NYSE:RTN) has decided to host the National Math Competition. Calculating Move From Raytheon (NYSE:RTN) Raytheon (NYSE:RTN) will be hosting the MATHCOUNTS National Competition in Washington, D.C., this weekend. According to reports, 224 of the nation's top middle schools will compete to earn the titles of 2011 National Champion and National Champion Team. William H. Swanson, the Chairman and CEO at Raytheon (NYSE:RTN) said that, "the mathletes, as well as their coaches, teachers and parents should be proud of the accomplishment of advancing to the national competition. Raytheon is honored to provide these outstanding students and the subject of math itself, a well-deserved spotlight in our nations capital and on national television." Raytheon (NYSE:RTN) company shares are currently standing at 48.92. Price History Last Price: 48.92 52 Week Low / High: 42.65 / 58.32 50 Day Moving Average: 50.33 6 Month Price Change %: 2.4% 12 Month Price Change %: -16.6%



Thoratec Corporation (NASDAQ:THOR) Shares Surges on Clotting Issue in HTWR Data

Thoratec Corporation (NASDAQ:THOR) shares jumped Monday after data from a
clinical trial revealed that HeartWare Internationals (HTWR) ventricular-assist
device posed much higher risk of blood clots than expected, comparing
unfavorably with Thoratecs HeartMate II device. On the above news, THOR shares
were upgraded at Leerink Swann to "Outperform" from "Market Perform."
HeartWare presented an update from the active arm of the US ADVANCE trial in
BTT, as well as the trial's CAP program last Friday at the annual meeting for
the ISHLT conference.  This data showed an unprecedented 95% 6-month survival
rate, as well as very low rates of bleeding complications, both of which
continue to place HTWR's HVAD as the heir-apparent to the US LVAD market. This
data also showed that patients implanted with HeartWares mechanical heart-assist
device, known as the HVAD, had an unexpectedly high 9.2% chance of developing a
potentially life-threatening blood clot per year compared to estimated risk of
heart-pump-related thrombosis of 3% in case of Thoratec device, known as
HeartMate II. Six month and one year survival for the first 110 patients
enrolled in Heartware's ADVANCE CAP program is tracking at 95% and 92%,
respectively, compared to 94% and 86% for the original 140-patient pivotal
cohort. Hence, HVAD's overall performance remains strong. Analysts at JP
Morgan said that Thrombus concerns likely to weigh on HTWR, but HVADs
competitive position still strong. In the end, we expect this weekends results
to temper Street expectations for rapid adoption of the HVAD following its US
approval (anticipated by year end) and HeartWares shares are likely to come
under some pressure Monday as a result, they said. Our own view, however, is
that the HVAD remains a compelling option for patients, with this latest issue
just one piece of a multifaceted decision clinicians will face between two very
good pumps. HeartWares device is approved in Europe and awaiting approval in the
United States as a bridge-to-transplant (BTT), or to keep patients alive while
they wait for heart transplant. Analyst, Sean Lavin at Lazard upgraded the stock
of THOR from "neutral" to "Buy" saying that he expects the rate of
enrollment in the destination trial to slow, and market share in Europe and the
U.S. in future to be lower than he previously thought. Shares of the company
went up by 9.88% to $30.13 with volume of 4.02 million shares traded. The stock
has 52 week range of $22.33-$47.93. The market capital of the stock stands at
$1.77 billion with beta of 0.81. Thoratec Corporation (Thoratec) is a
manufacturer of mechanical circulatory support products for use by patients with
heart failure (HF).

Thoratec Corporation (NASDAQ:THOR) Shares Surges on Clotting Issue in HTWR Data

tdp2664
Epic Stock Picks
Thoratec Corporation (NASDAQ:THOR) shares jumped Monday after data from a clinical trial revealed that HeartWare International’s (HTWR) ventricular-assist device posed much higher risk of blood clots than expected, comparing unfavorably with Thoratec’s HeartMate II device. On the above news, THOR shares were upgraded at Leerink Swann to "Outperform" from "Market Perform." HeartWare presented an update from the active arm of the US ADVANCE trial in BTT, as well as the trial's CAP program last Friday at the annual meeting for the ISHLT conference.  This data showed an unprecedented 95% 6-month survival rate, as well as very low rates of bleeding complications, both of which continue to place HTWR's HVAD as the heir-apparent to the US LVAD market. This data also showed that patients implanted with HeartWare’s mechanical heart-assist device, known as the HVAD, had an unexpectedly high 9.2% chance of developing a potentially life-threatening blood clot per year compared to estimated risk of heart-pump-related thrombosis of 3% in case of Thoratec device, known as HeartMate II. Six month and one year survival for the first 110 patients enrolled in Heartware's ADVANCE CAP program is tracking at 95% and 92%, respectively, compared to 94% and 86% for the original 140-patient pivotal cohort. Hence, HVAD's overall performance remains strong. Analysts at JP Morgan said that Thrombus concerns likely to weigh on HTWR, but HVAD’s competitive position still strong. “In the end, we expect this weekend’s results to temper Street expectations for rapid adoption of the HVAD following its US approval (anticipated by year end) and HeartWare’s shares are likely to come under some pressure Monday as a result,” they said. “Our own view, however, is that the HVAD remains a compelling option for patients, with this latest issue just one piece of a multifaceted decision clinicians will face between two very good pumps.” HeartWare’s device is approved in Europe and awaiting approval in the United States as a bridge-to-transplant (BTT), or to keep patients alive while they wait for heart transplant. Analyst, Sean Lavin at Lazard upgraded the stock of THOR from "neutral" to "Buy" saying that he expects the rate of enrollment in the destination trial to slow, and market share in Europe and the U.S. in future to be lower than he previously thought. Shares of the company went up by 9.88% to $30.13 with volume of 4.02 million shares traded. The stock has 52 week range of $22.33-$47.93. The market capital of the stock stands at $1.77 billion with beta of 0.81. Thoratec Corporation (Thoratec) is a manufacturer of mechanical circulatory support products for use by patients with heart failure (HF).



Amazon.com (NASDAQ:AMZN) Textbook Legal Fight

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Amazon.com (NASDAQ:AMZN) has sued the National Association of College Stores Inc. Amazon.com (NASDAQ:AMZN) Textbook Legal Fight Amazon.com (NASDAQ:AMZN) has filed a lawsuit against the National Association of College Stores Inc., a trade group of 3,100 college and university bookstores, responding to a complaint by NACS that Amazon.com (NASDAQ:AMZN)'s textbook ads are misleading. Amazon.com (NASDAQ:AMZN) has argued in the suit that NACS member bookstores are trying to maintain their profit margins, which Amazon.com (NASDAQ:AMZN) says are typically 20-25% when they don't face online competition. Amazon.com (NASDAQ:AMZN) shares were at 197.11 at the end of the last day’s trading. There’s been a 15.2% change in the stock price over the past 3 months. Amazon.com (NASDAQ:AMZN) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.91 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.97 Zack’s Rank: 13 out of 17 in the industry



Amazon.com (NASDAQ:AMZN) Textbook Legal Fight

Amazon.com (NASDAQ:AMZN) has sued the National Association of College Stores
Inc. Amazon.com (NASDAQ:AMZN) Textbook Legal Fight Amazon.com (NASDAQ:AMZN) has
filed a lawsuit against the National Association of College Stores Inc., a trade
group of 3,100 college and university bookstores, responding to a complaint by
NACS that Amazon.com (NASDAQ:AMZN)'s textbook ads are misleading. Amazon.com
(NASDAQ:AMZN) has argued in the suit that NACS member bookstores are trying to
maintain their profit margins, which Amazon.com (NASDAQ:AMZN) says are typically
20-25% when they don't face online competition. Amazon.com (NASDAQ:AMZN)
shares were at 197.11 at the end of the last days trading. Theres been a 15.2%
change in the stock price over the past 3 months. Amazon.com (NASDAQ:AMZN)
Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.91
(1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.97 Zacks Rank: 13 out of 17 in the
industry

Markman: Obama’s 7.5% Solution

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InvestorPlace
An election year is staring us in the face and the most remarkable things occur when elected officials suddenly face their career mortality. I learned a long time ago that the No. 1 job of politicians is to get re-elected, and the higher they are in the hierarchy the more levers they can pull. In this context, consider the fact that no post-war president has been re-elected with the unemployment rate of more than 7.5%. Jimmy Carter and Bush  pere  both lost with 7.7% unemployment rates. (Clinton, you may remember, won in 1992 with the mantra, “It’s the economy, stupid.”) So you can bet that President Obama and Federal Reserve chief Ben Bernanke realize that the current unemployment rate over 8.75% is not going to cut it, and have Fed analysts and the administration economic team of Goolsbee, Sperling, Geithner, Daley, Locke and Immelt on the hunt for a surprise proposal to put people back to work in a hurry.  Almost 60% of Americans are expressing disapproval for the administration’ s handling of the economy, which puts the administration on the wrong side of history. And I don’t think the country really understands how weak GDP growth really is now, as forecasts by credible economists are coming down by the week, to as low as 1% to 2% annualized. Many of the headwinds facing the president are not really within his power to change, try as he might. They include gasoline futures on the march toward $4, the renewed violence in the Mideast with hundreds of protestors killed in Syria and NATO bogged down in Libya, backing quite possibly the most ragtag bunch of rebel fighters ever to take up arms. Moreover U.S. home prices through March have declined at a 15.5% annualized rate over the past four months — the fastest downward pace since the financial crisis ended. Desperate times require desperate measures, and with no money to be spent on more stimulus, there is little doubt that at the very least some sort of monetary stimulus will continue to be applied, either via an overt new round of quantitative easing or some sort of stealth-mode QE, such as the purchase of bonds using interest paid on the Fed’s current holdings. But there could be more, and the sky’s the limit. How about a new equivalent of the 1930s-era Smoot-Hawley act, which surrounded the U.S. with high tariffs to block foreign trade and force American companies to manufacture at home? Sounds outrageous, but it could happen.  Falling home prices + falling job prospects = trouble for Obama and the Bernanke. They need to fix this, and fast. And it’s important for you to know they will try, and that continues to be a big magnet for higher equity and bond prices. For more guidance like this, check out Markman’s daily trading service, Trader’s Advantage, or his long-term investment service, Strategic Advantage  



Inept Fed Creates Commodity Bubble

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InvestorPlace
Federal Reserve Chairman Ben Bernanke in a press conference last week made comments about the U.S. Dollar including that "it fluctuates." The only direction it has fluctuated since he has been in charge at the Fed is lower. If lower and fluctuation are synonyms, I wish my weight would fluctuate! If the Fed continues on the same path it is possible that the dollar could go through a real currency crisis. The potential for such an event is intensified by the fact that Asia and Europe are raising interest rates due to inflationary pressures. Time will tell but gold and silver remain strong. However I would not fall in love with either commodity, or any commodity for that matter. Whether we have a currency crisis or not, there should be no surprise in this nasty sell off in silver. I agree with many market prognosticators in that we are in a commodity bubble. The weekly chart of silver futures below illustrates just how parabolic the move has been: At some point the dollar will bottom, and when it does a significant rally will take shape. When the dollar rallies it has the potential to be sharp and fast. Silver would be hit hardest as the chart above shows the parabolic move higher that has transpired over the past few months. The timing of the dollar's bottom is difficult to quantify, and picking bottoms is a fool's game. Nevertheless, the commodity charts will tell us when it's time for the rally to unfold, but for right now prices will likely continue higher for commodities and equities. Longer-term, precious metals investors might be able to withstand the impending sell off. The other side of that sell off will likely see gold and silver work higher still. Longer term gold and silver will likely perform well, but traders must be aware that a sharp pullback is not only likely, but would be considered healthy by many market participants. The Dollar Index weekly chart illustrates the sharp sell off in the dollar the past few months. The longer term SPX chart may be a guide as to when the dollar will begin to bottom. The S&P Index Options (CBOE: SPX ) weekly chart shown below illustrates the long term ascending channel that the S&P 500 has been trading in for some time. My educated guess as to when the dollar will begin to bottom will likely coincide with a test of the ascending trend line. In previous articles, I opined that I thought we would see the S&P 500 rally. We are in that process now. My guess is that about the time the S&P 500 tests the rising channel we will see the dollar begin to bottom. The short opportunities that will be presented from a risk/reward perspective could be outstanding. Cycles typically line up, particularly when one particular asset, in this case the dollar, are driving markets in one particular direction for a long period of time. Typically business cycles end when there are rallies in commodities and commodity-based stocks such as Exxon (NYSE: XOM ) and Barrick Gold (NYSE: ABX ). We are in that stage of the business cycle right now, and typically when that stage has been reached it is indicative that the economy is starting to overheat. Cyclicality in financial markets has been discussed for years, but often technical analysis will align with the business cycle. While I may not be exactly right as to the timing, it certainly gives a solid framework for risk-based decisions going forward. Conclusion I believe that the actions taken by the Fed for the past two-three years are going to result in additional selling pressure for the dollar. That will propel commodity and equity futures prices higher than what many will expect. While the sell off may occur within the confines of a short- to-intermediate-term time frame, the dollar will eventually bottom and a nasty sell-off in commodities and stocks will transpire. Then the next leg of the secular bear market will begin. The business cycle and the technicals are aligned at this point; the question is really how long it is going to take to get there. The end game will likely result in the Fed looking foolish while the American people and the global economy suffers. The possibility that the Fed is forced to raise interest rates to slow down inflation at the same time the dollar bottoms is a recipe for an economic disaster. Slowing economic conditions based on higher oil prices and inflationary pressures paired with higher interest rates will result in another recession fueled by the Fed's Keynes-based economic models and decision making. Bernanke was right about one thing — the Fed uses educated guesses based on its models when setting monetary policy. I posit to readers, what happens if the Fed chairman and governors' price models and educated guesses are completely false? Get My Free Trade Setups: http://www.optionstradingsignals.com/profitable-options-solutions.php



Analyst Actions on Chinese Stocks: BONA, CNYD, COGO, CSR, FEED, FSIN, JOBS, SPRD ... (May 6, 2011)

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China Analyst

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.

Cowen and Company reiterated Outperform rating on Bona Film Group Ltd (NASDAQ:BONA). Global Hunter Securities reiterated Buy rating on China Yida Holding, Co. (NASDAQ:CNYD), and maintained $12 price target. Barclays Capital maintained Overweight rating and $11 price target on Cogo Group, Inc. (NASDAQ:COGO). Canaccord Genuity reiterated Buy rating and $13 price target on Cogo Group, Inc. (NASDAQ:COGO). Roth Capital Partners maintained Buy rating and $11 price target on Cogo Group, Inc. (NASDAQ:COGO). BNP Paribas Securities maintained Buy rating on China Security & Surveillance Tech. Inc. (NYSE:CSR), and cut price target from $8.60 to $8.00. Rodman & Renshaw cut the price target of AgFeed Industries, Inc. (NASDAQ:FEED) to $4, with a Market Outperform rating. Jefferies & Company reiterated Hold rating on Fushi Copperweld, Inc. (NASDAQ:FSIN), and maintained $11 price target. Citigroup reiterated Buy rating on 51job, Inc. (NASDAQ:JOBS), and raised price target from $70 to $80. Morgan Stanley reiterated Overweight rating on 51job, Inc. (NASDAQ:JOBS). Morgan Stanley maintained Overweight rating on Spreadtrum Communications, Inc (NASDAQ:SPRD), and raised price target from $26 to $27. RBS reiterated Buy rating on Spreadtrum Communications, Inc (NASDAQ:SPRD), and raised price target from $31 to $33. Samsung Securities maintained Buy rating on Spreadtrum Communications, Inc (NASDAQ:SPRD), and raised price target from $24 to $25. Deutsche Bank maintained Buy rating and $27 price target on Seaspan Corporation (NYSE:SSW). Bank of America maintain our Underperform rating and $18 price objective on Seaspan Corporation (NYSE:SSW). Deutsche Bank maintained Buy rating on Trina Solar Limited (NYSE:TSL). Morgan Stanley maintained Overweight rating on VisionChina Media Inc (NASDAQ:VISN). Bank of America maintained Neutral rating on VisionChina Media Inc (NASDAQ:VISN), and cut price objective from $4.7 to $4.5. Piper Jaffray initiated coverage of Xueda Education Group (NYSE:XUE) with Overweight rating and $14 price target. Goldman Sachs maintained Neutral rating on Youku.com Inc (NYSE:YOKU), and raised price target from $54 to $57. Piper Jaffray maintained Neutral rating and $60 price target on Youku.com Inc (NYSE:YOKU). Macquarie reiterated Underperform rating and $32 price target on Youku.com Inc (NYSE:YOKU). Nomura maintained Buy rating and $65 price target on Youku.com Inc (NYSE:YOKU). Deutsche Bank maintained Buy rating on Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE).



Today’s Stock market Dow Jones Industrial Average Close Review; Nasdaq S&P 500 Review Notes; Market Overview Profit Money Invest News

dow2664

Today’s stock market index composites will have to make up for several days of negative trending. The market opened on Thursday with stock futures posting a lower start and closed in the red with the Dow Jones Industrial Average dropping 139.41 points to 12,48.17, the Nasdaq lost 13.51 points to 2,814.72 and the S&P 500 decreased by 12.22 to 1,335.10. An initial sell off in the energy sector late Thursday fueled a broad based sell off that pulled the market down. Oil prices dropped 8% in the largest one day drop since April of 2009, with the price per barrel dipping below $100. The drop in the market comes on the eve before the Feds highly anticipated jobs report as anxious investors turn conservatively cautious. On Thursday the Labor department revealed a significant increase in first time claims for unemployment in the last week. Although jobless claims have risen recently, economists forecast the unemployment rate to remain the same , while showing an addition of 185,000 jobs in the month of April. This did not happen however and all eyes will be focused to observe the week’s ending. Today, investors will process the Labor Department’s full jobs report due to post this morning. The unemployment rate is expected to remain about the same at 8.8 percent nationally. Constellation Energy is due to post earnings as is the Washington Post Company and Weight Watchers International. Author: Frank Matto



Today’s Stock market Dow Jones Industrial Average Close Review; Nasdaq S&P 500 Review Notes; Market Overview Profit Money Invest News

Todays stock market index composites will have to make up for several days of
negative trending. The market opened on Thursday with stock futures posting a
lower start and closed in the red with the Dow Jones Industrial Average dropping
139.41 points to 12,48.17, the Nasdaq lost 13.51 points to 2,814.72 and the S&P
500 decreased by 12.22 to 1,335.10. An initial sell off in the energy sector
late Thursday fueled a broad based sell off that pulled the market down. Oil
prices dropped 8% in the largest one day drop since April of 2009, with the
price per barrel dipping below $100. The drop in the market comes on the eve
before the Feds highly anticipated jobs report as anxious investors turn
conservatively cautious. On Thursday the Labor department revealed a significant
increase in first time claims for unemployment in the last week. Although
jobless claims have risen recently, economists forecast the unemployment rate to
remain the same , while showing an addition of 185,000 jobs in the month of
April. This did not happen however and all eyes will be focused to observe the
weeks ending. Today, investors will process the Labor Departments full jobs
report due to post this morning. The unemployment rate is expected to remain
about the same at 8.8 percent nationally. Constellation Energy is due to post
earnings as is the Washington Post Company and Weight Watchers International.
Author: Frank Matto

Gold Price Closed at 1480 Silver Price Closed at 36.23 and Hit 34.25 in Aftermarket

Gold Price Close Today : 1480.90 Change : (34.00) or -2.2% Silver Price Close
Today : 36.231 Change : (3.152) or -8.0% Gold Silver Ratio Today : 40.87 Change
: 2.408 or 6.3% Silver Gold Ratio Today : 0.02447 Change : -0.001532 or -5.9%
Platinum Price Close Today : 1757.50 Change : -68.50 or -3.8% Palladium Price
Close Today : 704.15 Change : -41.70 or -5.6% S&P 500 : 1,335.10 Change : -12.22
or -0.9% Dow In GOLD$ : $175.66 Change : $ 2.06 or 1.2% Dow in GOLD oz : 8.498
Change : 0.100 or 1.2% Dow in SILVER oz : 347.33 Change : 24.26 or 7.5% Dow
Industrial : 12,584.17 Change : -139.40 or -1.1% US Dollar Index : 74.08 Change
: 1.053 or 1.4% On Tuesday even though I was on the road I couldn't resist
sending y'all a commentary. I called and dictated it but somehow it didn't get
thru my elaborate system. Most important message was (1) Tuesday's -- and now
Wednesday's -- waterfalls confirmed that Monday silver and gold broke down.
Second, I noticed in the dollar index an upside down head and shoulders in the
with a neckline at 73.30. Clearing that neckline set a target of 73.90.
Yesterday the dollar index closed 73.13, today 74.084, up 1.35% and 105.3 basis
points. Construed with the crash in oil, commodities, silver and gold, and now
stocks, it seems safe to assume that the US dollar index has turned up. The
scabrous euro dropped a choking 2.14% today, a move extraordinarily huge for
currencies. Yen was more moderate, rising to Y80.15/$ (124.77c/Y100). How would
you argue that the Euro has not broken? Chart shows a one-day plunge through the
20 dma (1.4568). From wildly overbought the RSI has sunk suddenly to near 50.
MACD has plainly turned down. Meanwhile the US dollar index, which is made up
over 50% of the euro, pushed up thru its 20 dma (74.15) and closed there (dollar
at 74.084 is trading lower after the close). Don't miss that a phoenix dollar
blows its killing, fiery breath over stocks, silver, gold, and commodities --
and will for some time. STOCKS have also plunged over the waterfall, gravity
merely is thusfar showing more mercy on them -- or the NGM are furnishing water
wings. After a down day yesterday the Dow puked up 139.41 points today (1.1%) to
12,584.17. S&P500 was right alongside, down 12.22 to 1,335.10 (0.91%). Dow's
chart depicts the plunge more dramatically, and when it breaks 12,500 - 12,450,
then the fun will really begin. SILVER 's waterfall has poured over the ledge of
the 20 dma (4306c) and the cap of the 50 dma (3882c) to plummet to 3425c at
today's low. Closed at 3623.1c on Comex, down 315.2c or 8.7%. Since the intraday
high at 4975 last Thursday silver has fallen 27.2%. Always one to remember that
gentlemen never say, "I told y'all so," and always wanting to remain a
gentleman, I say no more. What's next? Let's think about GOLD first. Since its
$1,575.10 intraday high on Monday, Gold at today's $1,480.90 Comex close (down
$34) had lost 6%. One could hardly imagine a more dramatic illustration of
silver's greater volatility, 6% down vs. 27.2%. Just don't forget that it works
the same way on the upside when silver outrageously outruns gold. Closing
gold/silver ratio was 40.874, up from 32 five bare days ago. In the aftermarket
cosmic forces continued battering silver and gold. Gold traded at $1,466.60 and
silver at 3497c. Gold has crashed throughout its 20 dma at $1,498.59 and is
narrowing the gap toward the 50 dma ($1,453.72). Plain and obvious targets are
$1,445 to $1,380 for gold and 3358c to 3100c for silver, maybe 2638c in a panic.
However, tomorrow, after 5 down days in silver and 4 down days in gold ought to
see a small rally. Even a waterfall at last reaches the plunge pool. The
correction, however, will not end there. Long have I droned that this correction
does NOT, repeat NOT, by any means mark the silver and gold bull market's death.
The metals -- Wall Street gurus with their shiny, pointy shoes and inventories
full of stocks to sell notwithstanding -- are NOT in a bubble. The correction
will leave blood splattered all over the walls, missing teeth, and memories of
pain that will mature many, but the bull market will run another three to 10
years. Silver will rise (my guess only) three or four times from its recent peak
(yes, whip out those calculators, that equals $187.50 to $200) and gold will at
least double. How much they exceed those expectations depends on just how
arrogant, stupid, willfully blind and incompetent Bunglin' Ben can be, and
here's a little tip. Just as PT Barnum quipped that nobody ever went broke
betting on the gullibility of the American public, so also nobody every went
broke betting on the ability of central bankers to shoot themselves and whole
countries in the foot. Nothing has changed, dear readers, it's merely a
correction. Rained on us all day Tuesday, no weather for hiking thru the woods
to view waterfalls, but Tuesday turned off clear and wondrously cool. Susan took
me to Ozone Falls, Upper and Lower Piney Falls, and Laurel Falls. In all we
"walked" nearly 10 miles through the woods. Walked earns quotation marks because
much of the way was over trails made by water running down 30 degree inclines,
hopping from rock to rock and grabbing trees to prevent diving down the abyss.
Susan wore me slap out. Today we went to Fall Creek Falls, at 256 feet the
highest east of the Rockies. They are so spectacular that even I the wordsmith
am left wordless. 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.

Titan Machinery Inc. up 15% on robust earnings growth in Q4 2011

tdp2664
Epic Stock Picks
Titan Machinery Inc. (NASDAQ:TITN) traded up 14.96% after announcing its fourth quarter and full fiscal 2011 results. Revenue for the quarter reported was up 45.9% to $368.1 million as compared to revenues of $252.3 million posted in the same quarter last year. The Company's equipment segment recorded an increase of $107.1 million to $310.9 million. Full year revenues increased 30.5% to $1.09 billion as compared to $0.84 billion earned in 2010 with the increase in the equipment revenues being $212.57 million or 33%. Gross profit margin was up by 0.5% to 15.2% in the quarter resulting in an increase of $19.1 million to $56.1 million. Margins for the completed year were however down by 0.9% resulting in a gross profit of $174.6 million. Improved fixed operating cost leverage in the reported quarter led to a decline in the operating expense ratio of 10.5% from the last year same period reported ratio of 11.8%. Profit before taxes for the Company's agriculture segment increased 127.4% in the quarter to $18.625 million while for the fiscal 2011 the construction segment's profit before taxes were reportedly up by 49.5%. Net earnings in the quarter were $10.4 million or $0.57 per diluted share as compared to net earnings of $3.4 million or $0.19 per diluted share reported in the same period year earlier. Net earnings for the fiscal completed were $22.3 million or $1.23 per diluted share as compared to net earnings of $15.7 million or $0.88 per diluted share reported in the last fiscal. The Company estimated its fiscal 2012 revenues to be in the range of $1.275 billion to $1.350 billion resulting in net earnings of $27.5 million to $29.4 million or $1.50 to $1.60 per diluted share. Titan Machinery Inc. after reporting better organic growth and profitability jumped 14.96% to close trade at $30.97 after hitting 52-week high of $31.73 on high volume trading of 1.89 million shares. Titan Machinery Inc. owns and operates a network of agricultural and construction equipment stores in the United States.



Titan Machinery Inc. (NASDAQ:TITN) Reports Impressive 4Q11 Results & FY12 Outlook Even Better

Titan Machinery Inc. (NASDAQ:TITN) reported fourth fiscal quarter results that
were massively above Street estimate on Monday. The Company reported fourth
fiscal quarter net revenue of $368.1 million, up 45.9% year over year compared
to $252.3 million a year ago. Equipment sales were $310.9 million for the fourth
quarter of fiscal 2011, compared to $203.8 million in the fourth quarter last
year. Parts sales were $29.9 million for the fourth quarter of fiscal 2011,
compared to $27.7 million in the fourth quarter last year. Revenue generated
from service was $19.6 million for the fourth quarter of fiscal 2011, compared
to $14.9 million in the fourth quarter last year. Net income of $10.4 million or
57 cents a share has been posted for the fourth fiscal quarter compared to $3.4
million or 19 cents a share in the same quarter a year ago, above the consensus
of 35 cents a share. Agriculture comps were up 41%, construction equipment (CE)
comps up 49%, and total comps up 42%.  The booming farm economy has been
supplanted with a rebounding market for CE. Inventories were up 24% on the 45.9%
revenue increase, showing strong NEW and USED equipment cycles. Gross Profit
Margins of 15.24% has been recorded for the quarter up from 14.66% last year
driven by strong pricing and manufacturer incentives. The Company also said that
it expects to report revenue for fiscal 2012 to be in a range of $1.275 billion
to $1.350 billion. Net income for the year 2012 of $27.5 million to $29.4
million has been expected resulting in earnings per diluted share (EPS) to be in
the range of $1.50 to $1.60. Analysts were expecting the Company to report
revenue of $1.20 billion, net income of $25.27 million and EPS of $1.38 for
fiscal 2012. Shares of the company went up by 14.96% to $30.97. Volume of 1.89
million shares has been traded compared to the daily average of 207,686 shares.
The stock surged to new annual high of $31.73, its annual low being $11.93. The
market capital of the stock stands at $554.38 million with P/E of 36.54. Titan
Machinery Inc. owns and operates a network of agricultural and construction
equipment stores in the United States. The Company is a retail dealer of Case IH
Agriculture equipment and a retail dealer of New Holland Agriculture, Case
Construction and New Holland Construction equipment in the United States. The
Company operates in two segments: Agriculture and Construction.

Gold Silver Price Today; Contract Gold Silver Per Ounce Review; Spot Silver per kilo Spot gold per gram; Precious Metal Invest News

Todays gold and silver price trending will have to work hard to end the week on
a positive note. It has been a struggle for gold and silver prices this week as
recent changes in the amount of cash money that investors will now have to
utilize to purchase silver per ounce just increased. The new rate increase will
take effect on Monday and gold and silver price trends this week are being
pushed in a negative direction due, in part, to this news. Silver dropped
significantly lower and gold followed suit to a lesser extent as the last
trading session in the United States wore on. Gold and silver contract ended the
last trading session in the red. Gold for June delivery ended the session lower
by 33.90 at 1481.40 per troy ounce. Silver contract for July delivery moved
lower yesterday by 3.148 to end the day with a floor price at 36.24 an ounce.
Spot gold and spot silver were trending in a negative direction during the
interval between yesterdays close and todays open. Prior to opening bell for the
day, Spot gold per gram was negative by .83 percent at 47.87 and spot gold per
kilo was red by 831.74 at 47873.43. Spot silver per kilo was lower by 127.34 at
1138.85 and spot silver per ounce was red by 3.96 at 35.42. Author: Camillo
Zucari

Car Rental Companies Charging as Much as $9 for Gas to Refill Loaners

tdp2664
InvestorPlace
If having to pay $4 for a gallon for gasoline makes you sick then you may need to be revived to hear what some rental car companies are charging drivers who don't pay ahead of time. If you don’t return your rental with a full tank, you may get gouged $9 or more for a gallon of gasoline. As of April 25, Hertz (NYSE: HTZ ) was charging $9.29 a gallon – the most on record – at the major airports to top off a tank when a car is returned without a full tank. With the average vehicle able to hold about 15 gallons, that could add an additional $83.55 to the rental car tab. Avis Budget Group, Inc. (NASDAQ: CAR ) charged less at $7.99 a gallon, and the lowest, $5.50 at privately-held Enterprise Holdings, was slightly more reasonable, considering the average price for a gallon of self serve gasoline is about $3.90. Customers who prepaid were charged between $3.57 and $4.28 per gallon, on average. But rental car companies are getting away with charging the higher fees, especially at airports, because car renters often are business travelers unfamiliar with the whereabouts of local gas stations and little time to make their flights. President Obama has promised to appoint a special task force to investigate possible price gauging at the filling station, but don't expect the rental car companies to lower their prices as long as gasoline prices remain high. With daily rental prices as low as $40.57 for a mid-size car or SUV at Dollar Thrifty Automotive Group, Inc. (NYSE: DTG ), and fewer customers opting to carry the rental car companies' insurance, refueling fees contribute significantly to rental car companies profits. Last year, Hertz brought in $43.7 million in refueling fees, according to its most recent quarterly filing. Most rental car customers probably aren't charged the higher of the refueling fees, but rental car companies know that the threat is probably enough to lead many of their customers to accept the prepaid refueling offer.  Americans already have cut back on driving because of the higher gasoline prices. Could corporate travel budgets be next? As of this writing, Cynthia Wilson did not own a position in any of the stocks named here.



Gold Price Closed at 1480 Silver Price Closed at 36.23 and Hit 34.25 in Aftermarket

DG365FD46564GFH654FU898

Gold Price Close Today : 1480.90 Change : (34.00) or -2.2% Silver Price Close Today : 36.231 Change : (3.152) or -8.0% Gold Silver Ratio Today : 40.87 Change : 2.408 or 6.3% Silver Gold Ratio Today : 0.02447 Change : -0.001532 or -5.9% Platinum Price Close Today : 1757.50 Change : -68.50 or -3.8% Palladium Price Close Today : 704.15 Change : -41.70 or -5.6% S&P 500 : 1,335.10 Change : -12.22 or -0.9% Dow In GOLD$ : $175.66 Change : $ 2.06 or 1.2% Dow in GOLD oz : 8.498 Change : 0.100 or 1.2% Dow in SILVER oz : 347.33 Change : 24.26 or 7.5% Dow Industrial : 12,584.17 Change : -139.40 or -1.1% US Dollar Index : 74.08 Change : 1.053 or 1.4% On Tuesday even though I was on the road I couldn’t resist sending y’all a commentary. I called and dictated it but somehow it didn’t get thru my elaborate system. Most important message was (1) Tuesday’s — and now Wednesday’s — waterfalls confirmed that Monday silver and gold broke down. Second, I noticed in the dollar index an upside down head and shoulders in the with a neckline at 73.30. Clearing that neckline set a target of 73.90. Yesterday the dollar index closed 73.13, today 74.084, up 1.35% and 105.3 basis points. Construed with the crash in oil, commodities, silver and gold, and now stocks, it seems safe to assume that the US dollar index has turned up. The scabrous euro dropped a choking 2.14% today, a move extraordinarily huge for currencies. Yen was more moderate, rising to Y80.15/$ (124.77c/Y100). How would you argue that the Euro has not broken? Chart shows a one-day plunge through the 20 dma (1.4568). From wildly overbought the RSI has sunk suddenly to near 50. MACD has plainly turned down. Meanwhile the US dollar index, which is made up over 50% of the euro, pushed up thru its 20 dma (74.15) and closed there (dollar at 74.084 is trading lower after the close). Don’t miss that a phoenix dollar blows its killing, fiery breath over stocks, silver, gold, and commodities — and will for some time. STOCKS have also plunged over the waterfall, gravity merely is thusfar showing more mercy on them — or the NGM are furnishing water wings. After a down day yesterday the Dow puked up 139.41 points today (1.1%) to 12,584.17. S&P500 was right alongside, down 12.22 to 1,335.10 (0.91%). Dow’s chart depicts the plunge more dramatically, and when it breaks 12,500 – 12,450, then the fun will really begin. SILVER ‘s waterfall has poured over the ledge of the 20 dma (4306c) and the cap of the 50 dma (3882c) to plummet to 3425c at today’s low. Closed at 3623.1c on Comex, down 315.2c or 8.7%. Since the intraday high at 4975 last Thursday silver has fallen 27.2%. Always one to remember that gentlemen never say, “I told y’all so,” and always wanting to remain a gentleman, I say no more. What’s next? Let’s think about GOLD first. Since its $1,575.10 intraday high on Monday, Gold at today’s $1,480.90 Comex close (down $34) had lost 6%. One could hardly imagine a more dramatic illustration of silver’s greater volatility, 6% down vs. 27.2%. Just don’t forget that it works the same way on the upside when silver outrageously outruns gold. Closing gold/silver ratio was 40.874, up from 32 five bare days ago. In the aftermarket cosmic forces continued battering silver and gold. Gold traded at $1,466.60 and silver at 3497c. Gold has crashed throughout its 20 dma at $1,498.59 and is narrowing the gap toward the 50 dma ($1,453.72). Plain and obvious targets are $1,445 to $1,380 for gold and 3358c to 3100c for silver, maybe 2638c in a panic. However, tomorrow, after 5 down days in silver and 4 down days in gold ought to see a small rally. Even a waterfall at last reaches the plunge pool. The correction, however, will not end there. Long have I droned that this correction does NOT, repeat NOT, by any means mark the silver and gold bull market’s death. The metals — Wall Street gurus with their shiny, pointy shoes and inventories full of stocks to sell notwithstanding — are NOT in a bubble. The correction will leave blood splattered all over the walls, missing teeth, and memories of pain that will mature many, but the bull market will run another three to 10 years. Silver will rise (my guess only) three or four times from its recent peak (yes, whip out those calculators, that equals $187.50 to $200) and gold will at least double. How much they exceed those expectations depends on just how arrogant, stupid, willfully blind and incompetent Bunglin’ Ben can be, and here’s a little tip. Just as PT Barnum quipped that nobody ever went broke betting on the gullibility of the American public, so also nobody every went broke betting on the ability of central bankers to shoot themselves and whole countries in the foot. Nothing has changed, dear readers, it’s merely a correction. Rained on us all day Tuesday, no weather for hiking thru the woods to view waterfalls, but Tuesday turned off clear and wondrously cool. Susan took me to Ozone Falls, Upper and Lower Piney Falls, and Laurel Falls. In all we “walked” nearly 10 miles through the woods. Walked earns quotation marks because much of the way was over trails made by water running down 30 degree inclines, hopping from rock to rock and grabbing trees to prevent diving down the abyss. Susan wore me slap out. Today we went to Fall Creek Falls, at 256 feet the highest east of the Rockies. They are so spectacular that even I the wordsmith am left wordless. 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.



Citigroup Inc. (NYSE:C) New Co-Chair

tdp2664
E money daily
Citigroup Inc. (NYSE:C) has appointed a senior UBS industrials banker. Citigroup Inc. (NYSE:C) New Co-Chair According to the reports, Citigroup Inc. (NYSE:C) has hired Kevin Cox, UBS AG’s chairman of investment banking for global industrial companies. Citigroup Inc. (NYSE:C) said that he will become the co-chairman of global industrials investment banking. Raymond J. McGuire, the head of global banking at Citigroup Inc. (NYSE:C) said that, "Kevin is a highly experienced trusted adviser to leading industrial companies around the world. He is a significant addition to our global banking team." Citigroup Inc. (NYSE:C) shares were at 4.48 at the end of the last day’s trading. There’s been a -6.9% change in the stock price over the past 3 months. Citigroup Inc. (NYSE:C) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 2 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.15 Zack’s Rank: 1 out of 15 in the industry



Titan Machinery Inc. (NASDAQ:TITN) Reports Impressive 4Q11 Results & FY12 Outlook Even Better

tdp2664
Epic Stock Picks
Titan Machinery Inc. (NASDAQ:TITN) reported fourth fiscal quarter results that were massively above Street estimate on Monday. The Company reported fourth fiscal quarter net revenue of $368.1 million, up 45.9% year over year compared to $252.3 million a year ago. Equipment sales were $310.9 million for the fourth quarter of fiscal 2011, compared to $203.8 million in the fourth quarter last year. Parts sales were $29.9 million for the fourth quarter of fiscal 2011, compared to $27.7 million in the fourth quarter last year. Revenue generated from service was $19.6 million for the fourth quarter of fiscal 2011, compared to $14.9 million in the fourth quarter last year. Net income of $10.4 million or 57 cents a share has been posted for the fourth fiscal quarter compared to $3.4 million or 19 cents a share in the same quarter a year ago, above the consensus of 35 cents a share. Agriculture comps were up 41%, construction equipment (CE) comps up 49%, and total comps up 42%.  The booming farm economy has been supplanted with a rebounding market for CE. Inventories were up 24% on the 45.9% revenue increase, showing strong NEW and USED equipment cycles. Gross Profit Margins of 15.24% has been recorded for the quarter up from 14.66% last year driven by strong pricing and manufacturer incentives. The Company also said that it expects to report revenue for fiscal 2012 to be in a range of $1.275 billion to $1.350 billion. Net income for the year 2012 of $27.5 million to $29.4 million has been expected resulting in earnings per diluted share (EPS) to be in the range of $1.50 to $1.60. Analysts were expecting the Company to report revenue of $1.20 billion, net income of $25.27 million and EPS of $1.38 for fiscal 2012. Shares of the company went up by 14.96% to $30.97. Volume of 1.89 million shares has been traded compared to the daily average of 207,686 shares. The stock surged to new annual high of $31.73, its annual low being $11.93. The market capital of the stock stands at $554.38 million with P/E of 36.54. Titan Machinery Inc. owns and operates a network of agricultural and construction equipment stores in the United States. The Company is a retail dealer of Case IH Agriculture equipment and a retail dealer of New Holland Agriculture, Case Construction and New Holland Construction equipment in the United States. The Company operates in two segments: Agriculture and Construction.



Bank of America Corporation (NYSE:BAC) Mortgage Expansion

tdp2664
E money daily
Bank of America Corporation (NYSE:BAC) has decided to open 28 mortgage centres. Bank of America Corporation (NYSE:BAC) Mortgage Expansion Bank of America Corporation (NYSE:BAC) has decided to triple the number of its assistance centres that help customers manage mortgage payments, its latest community outreach effort as consumers continue to struggle under heavy payments and credit woes. Rebecca Mairone, the national mortgage outreach executive of Bank of America Corporation (NYSE:BAC) said that, "Although we see signs of improvement, including slowing mortgage delinquencies, many homeowners continue to struggle to make their payments as a result of hardships in today's economic environment. Our teams at the customer assistance centers are experienced loan professionals, trained to counsel customers, follow each customer file through the entire loan modification process, make on-site decisions in many cases, and assist with other foreclosure prevention solutions if a modification is not possible." Bank of America Corp. (NYSE:BAC) company shares are currently standing at 12.3. Price History Last Price: 12.3 52 Week Low / High: 10.91 / 17.61 50 Day Moving Average: 13.45 6 Month Price Change %: 8.4% 12 Month Price Change %: -28.9%



Car Rental Companies Charging as Much as $9 for Gas to Refill Loaners

If having to pay $4 for a gallon for gasoline makes you sick then you may need
to be revived to hear what some rental car companies are charging drivers who
don't pay ahead of time. If you dont return your rental with a full tank, you
may get gouged $9 or more for a gallon of gasoline. As of April 25, Hertz (NYSE:
HTZ ) was charging $9.29 a gallon the most on record – at the major airports
to top off a tank when a car is returned without a full tank. With the average
vehicle able to hold about 15 gallons, that could add an additional $83.55 to
the rental car tab. Avis Budget Group, Inc. (NASDAQ: CAR ) charged less at $7.99
a gallon, and the lowest, $5.50 at privately-held Enterprise Holdings, was
slightly more reasonable, considering the average price for a gallon of self
serve gasoline is about $3.90. Customers who prepaid were charged between $3.57
and $4.28 per gallon, on average. But rental car companies are getting away with
charging the higher fees, especially at airports, because car renters often are
business travelers unfamiliar with the whereabouts of local gas stations and
little time to make their flights. President Obama has promised to appoint a
special task force to investigate possible price gauging at the filling station,
but don't expect the rental car companies to lower their prices as long as
gasoline prices remain high. With daily rental prices as low as $40.57 for a
mid-size car or SUV at Dollar Thrifty Automotive Group, Inc. (NYSE: DTG ), and
fewer customers opting to carry the rental car companies' insurance, refueling
fees contribute significantly to rental car companies profits. Last year, Hertz
brought in $43.7 million in refueling fees, according to its most recent
quarterly filing. Most rental car customers probably aren't charged the higher
of the refueling fees, but rental car companies know that the threat is probably
enough to lead many of their customers to accept the prepaid refueling offer. 
Americans already have cut back on driving because of the higher gasoline
prices. Could corporate travel budgets be next? As of this writing, Cynthia
Wilson did not own a position in any of the stocks named here.

Friday May 6, 2011

tdp2664Penny Stock Live
Yesterday seemed to be a continuation of Wednesday for me but then I broke out of my funk literally seconds before the close. First, ANIK dipped as expected so I grabbed 970 more shares at $7.47 leaving my new average $8.26. As I mentioned before, it’s not often you’ll see me buy just for earnings unless I’m positive I’ll win. There were other catalysts in play for ANIK so this will now become a short term trade with a goal of $10 per share. There is an FDA catalyst coming up inside 60 days so I hope to see some run up between now and then. Additionally, this stock has gaped down before, about $1 back in February from $9 to $8 and within weeks was trading in the $11 dollar range. This will just require some patience from me – not my strength in this game. Attempted a day trade on LEE in chat at $1.22 expecting continuation. Picked up 20k shares and it proceeded to dip immediately. Set my stop limit order tight at $1.13 x $1.12 and within minutes I was stopped out. Price then continued up the chart. This is why I think stock limits are dangerous and I’m not happy about that execution. A quick sell off can do that to stop limits so make sure you calculate what the range is. Just the same, I wasn’t going to make it a 10% stop on a 20k position so it is what it is – just picked the wrong entry point is all. Still accumulating GSTPE at $.21 on the bid and still won’t chase the ask or raise my bid. Just slow and steady accumulation at $.21 or lower if the next bid down drops to $.19 etc… filled about 14k so far with a goal of grabbing 11k more today. Goal is to be in before the next leg up during this sideways trade pattern. Finally, I’ll point you to this blog post for some legitimate stock warfare that took place right at the close on DMD. It’s not my normal type of trade I know… but you’ll see me do this from time to time and even though it’s not something I can alert – you certainly can learn from my strategy and apply it down the road.



Top 10 Focus Stocks of The Day: CBEY, KH, ERTS, TRMB, RRTS, CRU, TW, SONE, KLIC, AMR (May 06, 2011)

tdp2664
China Analyst

Below are today's top 10 focus stocks. These momentum stocks are attracting a lot of interest from traders. One Chinese company (KH) is on the list.

Cbeyond, Inc. (NASDAQ:CBEY) is today's 1st best focus stock. Its daily price change was 9.6% in the previous trading day. Its upside potential is 14% based on brokerage analysts' average target price of $16 on the stock. It is rated positively by 40% of the 15 analyst(s) covering it. Its long-term annual earnings growth is 18% based on analysts' average estimate. China Kanghui Holdings (NYSE:KH) is today's 2nd best focus stock. Its daily price change was 9.1% in the previous trading day. Its upside potential is 2% based on brokerage analysts' average target price of $22 on the stock. It is rated positively by 100% of the 6 analyst(s) covering it. Its long-term annual earnings growth is 26% based on analysts' average estimate. Electronic Arts Inc. (NASDAQ:ERTS) is today's 3rd best focus stock. Its daily price change was 8.8% in the previous trading day. Its upside potential is 3% based on brokerage analysts' average target price of $22 on the stock. It is rated positively by 48% of the 29 analyst(s) covering it. Its long-term annual earnings growth is 17% based on analysts' average estimate. Trimble Navigation Limited (NASDAQ:TRMB) is today's 4th best focus stock. Its daily price change was 8.7% in the previous trading day. Its upside potential is 20% based on brokerage analysts' average target price of $53 on the stock. It is rated positively by 50% of the 14 analyst(s) covering it. Its long-term annual earnings growth is 23% based on analysts' average estimate. Roadrunner Transportation Services Hold. (NYSE:RRTS) is today's 5th best focus stock. Its daily price change was 8.6% in the previous trading day. Its upside potential is 24% based on brokerage analysts' average target price of $18 on the stock. It is rated positively by 100% of the 3 analyst(s) covering it. Its long-term annual earnings growth is 57% based on analysts' average estimate.

Crude Carriers Corp. (NYSE:CRU) is today's 6th best focus stock. Its daily price change was 8.6% in the previous trading day. Its upside potential is 22% based on brokerage analysts' average target price of $17 on the stock. It is rated positively by 30% of the 10 analyst(s) covering it. Its long-term annual earnings growth is 9% based on analysts' average estimate. Towers Watson & Co (NYSE:TW) is today's 7th best focus stock. Its daily price change was 8.3% in the previous trading day. Its upside potential is 7% based on brokerage analysts' average target price of $65 on the stock. It is rated positively by 50% of the 10 analyst(s) covering it. Its long-term annual earnings growth is 12% based on analysts' average estimate. S1 Corporation (NASDAQ:SONE) is today's 8th best focus stock. Its daily price change was 8.0% in the previous trading day. Its upside potential is 18% based on brokerage analysts' average target price of $8 on the stock. It is rated positively by 38% of the 8 analyst(s) covering it. Its long-term annual earnings growth is 9% based on analysts' average estimate. Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) is today's 9th best focus stock. Its daily price change was 7.5% in the previous trading day. Its upside potential is -1% based on brokerage analysts' average target price of $11 on the stock. It is rated positively by 50% of the 4 analyst(s) covering it. Its long-term annual earnings growth is 14% based on analysts' average estimate. AMR Corporation (NYSE:AMR) is today's 10th best focus stock. Its daily price change was 7.5% in the previous trading day. Its upside potential is 17% based on brokerage analysts' average target price of $8 on the stock. It is rated positively by 25% of the 16 analyst(s) covering it. Its long-term annual earnings growth is 8% based on analysts' average estimate.



Randgold Resources Limited (GOLD) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell

gol2664
Negocioenlinea

Randgold Resources Limited (GOLD) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell GlobeNewsWire – 41 minutes ago Randgold Resources Limited (GOLD) will visit the NASDAQ MarketSite in New York City's Times Square. In honor of the occasion, Mark Bristow, Chief Executive Officer of Randgold Resources Limited …



Gold Silver Price Today; Contract Gold Silver Per Ounce Review; Spot Silver per kilo Spot gold per gram; Precious Metal Invest News

dow2664

Today’s gold and silver price trending will have to work hard to end the week on a positive note. It has been a struggle for gold and silver prices this week as recent changes in the amount of cash money that investors will now have to utilize to purchase silver per ounce just increased. The new rate increase will take effect on Monday and gold and silver price trends this week are being pushed in a negative direction due, in part, to this news. Silver dropped significantly lower and gold followed suit to a lesser extent as the last trading session in the United States wore on. Gold and silver contract ended the last trading session in the red. Gold for June delivery ended the session lower by 33.90 at 1481.40 per troy ounce. Silver contract for July delivery moved lower yesterday by 3.148 to end the day with a floor price at 36.24 an ounce. Spot gold and spot silver were trending in a negative direction during the interval between yesterday’s close and today’s open. Prior to opening bell for the day, Spot gold per gram was negative by .83 percent at 47.87 and spot gold per kilo was red by 831.74 at 47873.43. Spot silver per kilo was lower by 127.34 at 1138.85 and spot silver per ounce was red by 3.96 at 35.42. Author: Camillo Zucari



Miners (GG) (HMY) (AUY) (GOLD) Plunge as Gold Prices Fall

Miners (GG) (HMY) (AUY) (GOLD) Plunge as Gold Prices Fall Everything Gold - 2
hours ago Goldcorp (NYSE:GG), Harmony Gold Mining (NYSE:HMY), Yamana Gold
(NYSE:AUY) and Randgold (NASDAQ:GOLD) got hit hard Thursday as gold and silver
prices continue to drop. Gold for May delivery, the ...

Kentucky Derby this Saturday: Horse Race Stocks

dow2664

The Kentucky Derby, considered to be the most famous horse race in the United States, will be held this Saturday in Louisville, Kentucky. It is the first segment of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes. The Kentucky Derby is hosted by Churchill Downs Inc. (CHDN), the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 18 times forward earnings, and pays a yield of 1.2%. As a matter of fact, WallStreetNewsNetwork.com turned up a list of a dozen stocks in the horse racing industry , and half of them pay dividends. Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a price to earnings ratio of 16.9 and pays a generous yield of 3.4%. Revenues were up 4.6% for the latest quarter, however, earnings dropped over 72%. Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 21.1 but does not pay a dividend. For a free list of stocks involved in the horse racing industry which you can download, sort and update, go to WallStreetNewsNetwork.com. By the way, if you want a free horse race handicapping program , check out the one at horsetip.com. Disclosure: Author did not own any of the above at the time the article was written. By Stockerblog.com



Randgold Resources Limited (GOLD) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell

Randgold Resources Limited (GOLD) Chief Executive Officer to Ring the NASDAQ
Stock Market Closing Bell GlobeNewsWire - 41 minutes ago Randgold Resources
Limited (GOLD) will visit the NASDAQ MarketSite in New York Citys Times Square.
In honor of the occasion, Mark Bristow, Chief Executive Officer of Randgold
Resources Limited ...

Miners (GG) (HMY) (AUY) (GOLD) Plunge as Gold Prices Fall

gol2664
Negocioenlinea

Miners (GG) (HMY) (AUY) (GOLD) Plunge as Gold Prices Fall Everything Gold – 2 hours ago Goldcorp (NYSE:GG), Harmony Gold Mining (NYSE:HMY), Yamana Gold (NYSE:AUY) and Randgold (NASDAQ:GOLD) got hit hard Thursday as gold and silver prices continue to drop. Gold for May delivery, the …



Watch List For Friday May 6, 2011

tdp2664Penny Stock Live
It’s been a light week of trading, but I won’t force it just for the sake of trading. My swing trade of the week will go out on Sunday night, expect a detailed report on one stock I’ll be looking to trade come Monday morning. I’m working with my programmer today to setup a section on the website isolating it from my other work. $.25 – $1.00 MXMI has my attention since it refuses to sell off it’s recent run. No play right away but the longer it holds that bullish move to $.022 the more I think this could have another explosion to the $.04 range which would be really nice. Problem is, it’ll need to have a volume day like it had recently for me to get in and out safely. I wouldn’t be surprised to see LQMT cracked support at $.44 today and closed around $.42. Each day no buyers come to the table the pps continues to get weaker. Support after $.42 is around $.33  so we’ll see if the $.44 range can stand the text before a catalyst is in play. This will be a trade for both accounts sooner or later, so get familiar with the stock because I’m looking for a nice payday on this one and it’s worth repeating every day until it happens. Entry right now on this lack of liquidity would mean just gambling and that’s not my style. I’ve been accumulating GSTPE so it’s technically still on watch until my position is filled. This is thinly traded and speculative in nature… accumulation is a tactic of getting in before an anticipated move down the road. The idea is to slowly gather shares on the bid. As detailed in my Live Alerts, I’ve been accumulating since Wednesday and now have just under 14k shares at $.21. This is not a stock I’ll buy on the offer, I’m just sitting on the bid at $.21 or lower waiting for bag holders to turn over their mistakes. Those of you who have been with know I’ve used this warfare method before (i.e. CHTL etc…) and that’s what I’m looking for here too. As you can see I’m in no rush to get my shares and have no plans in climbing the bid should someone jump $.21. PLPE volume is fading away as interest in the stock fades away. There’s probably still some bag holders from the $1.10 run so I’ll wait to see if they beat it down a bit more before considering entry into it’s next move. Support is at $.72 and $.62 and there is no immediate catalyst in play. My guess is this will become a momentum news play for me at some point. I’m 1 for 1 on this stock recently and I think 2 for 2 is coming soon – but not yet. $1.00 – $3.00 OXGN is a stock I’m considering as a swing trade today. It closed very strong yesterday engulfing the previous days dip which is a very bullish sign – especially considering not many stocks were green yesterday. With a market cap of $24m, this one could really fly if it can break resistance around $2.60. But even if it doesn’t break $2.60 and just trades from $2.35 – $2.60 today there is a nice 10% there alone. I’ll watch to see how it opens, but don’t be surprised if you get a text message and email on this one today. GPL is a Canadian based mining company with two silver focused mines located in Mexico. Silver may not be done selling, but it is close.  Silver producers are not getting hit anymore, so they could turn soon and I’ll be looking for a possible entry here today. $3.00 – $5.00 JAMN and JBII are paid pumps and it’s often the case that when the advertising money runs out, so do the buyers. Hence great short opportunities and I plan to start getting in on this action. I mean seriously, how does shorting not fit into my penny stock warfare strategy? I’m working on setting up accounts with the right brokers so I can get shares of these turds when the time is right. Short selling stocks under $5 isn’t rocket science but it’s not as straight forward as going long either. LOCM is a trade I’d like to make again, just need to time it right. My bad timing trying to flip LEXG and LEE this week illustrate why entry is the single most important part of trading, period! It’s quite possible this will hit $3.20 before it heads back up so there is no reason to rush in right now – it’s simply not going anywhere until it gets a bit further away from earnings and starts working the PR’s again.



Top 10 Focus Stocks of The Day: CBEY, KH, ERTS, TRMB, RRTS, CRU, TW, SONE, KLIC, AMR (May 06, 2011)

Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. One Chinese company (KH) is on the list. Cbeyond,
Inc. (NASDAQ:CBEY) is todays 1st best focus stock. Its daily price change was
9.6% in the previous trading day. Its upside potential is 14% based on brokerage
analysts average target price of $16 on the stock. It is rated positively by 40%
of the 15 analyst(s) covering it. Its long-term annual earnings growth is 18%
based on analysts average estimate. China Kanghui Holdings (NYSE:KH) is todays
2nd best focus stock. Its daily price change was 9.1% in the previous trading
day. Its upside potential is 2% based on brokerage analysts average target price
of $22 on the stock. It is rated positively by 100% of the 6 analyst(s) covering
it. Its long-term annual earnings growth is 26% based on analysts average
estimate. Electronic Arts Inc. (NASDAQ:ERTS) is todays 3rd best focus stock. Its
daily price change was 8.8% in the previous trading day. Its upside potential is
3% based on brokerage analysts average target price of $22 on the stock. It is
rated positively by 48% of the 29 analyst(s) covering it. Its long-term annual
earnings growth is 17% based on analysts average estimate. Trimble Navigation
Limited (NASDAQ:TRMB) is todays 4th best focus stock. Its daily price change was
8.7% in the previous trading day. Its upside potential is 20% based on brokerage
analysts average target price of $53 on the stock. It is rated positively by 50%
of the 14 analyst(s) covering it. Its long-term annual earnings growth is 23%
based on analysts average estimate. Roadrunner Transportation Services Hold.
(NYSE:RRTS) is todays 5th best focus stock. Its daily price change was 8.6% in
the previous trading day. Its upside potential is 24% based on brokerage
analysts average target price of $18 on the stock. It is rated positively by
100% of the 3 analyst(s) covering it. Its long-term annual earnings growth is
57% based on analysts average estimate. Crude Carriers Corp. (NYSE:CRU) is
todays 6th best focus stock. Its daily price change was 8.6% in the previous
trading day. Its upside potential is 22% based on brokerage analysts average
target price of $17 on the stock. It is rated positively by 30% of the 10
analyst(s) covering it. Its long-term annual earnings growth is 9% based on
analysts average estimate. Towers Watson & Co (NYSE:TW) is todays 7th best focus
stock. Its daily price change was 8.3% in the previous trading day. Its upside
potential is 7% based on brokerage analysts average target price of $65 on the
stock. It is rated positively by 50% of the 10 analyst(s) covering it. Its
long-term annual earnings growth is 12% based on analysts average estimate. S1
Corporation (NASDAQ:SONE) is todays 8th best focus stock. Its daily price change
was 8.0% in the previous trading day. Its upside potential is 18% based on
brokerage analysts average target price of $8 on the stock. It is rated
positively by 38% of the 8 analyst(s) covering it. Its long-term annual earnings
growth is 9% based on analysts average estimate. Kulicke and Soffa Industries
Inc. (NASDAQ:KLIC) is todays 9th best focus stock. Its daily price change was
7.5% in the previous trading day. Its upside potential is -1% based on brokerage
analysts average target price of $11 on the stock. It is rated positively by 50%
of the 4 analyst(s) covering it. Its long-term annual earnings growth is 14%
based on analysts average estimate. AMR Corporation (NYSE:AMR) is todays 10th
best focus stock. Its daily price change was 7.5% in the previous trading day.
Its upside potential is 17% based on brokerage analysts average target price of
$8 on the stock. It is rated positively by 25% of the 16 analyst(s) covering it.
Its long-term annual earnings growth is 8% based on analysts average estimate.

Titan Machinery Inc. up 15% on robust earnings growth in Q4 2011

Titan Machinery Inc. (NASDAQ:TITN) traded up 14.96% after announcing its fourth
quarter and full fiscal 2011 results. Revenue for the quarter reported was up
45.9% to $368.1 million as compared to revenues of $252.3 million posted in the
same quarter last year. The Company's equipment segment recorded an increase
of $107.1 million to $310.9 million. Full year revenues increased 30.5% to $1.09
billion as compared to $0.84 billion earned in 2010 with the increase in the
equipment revenues being $212.57 million or 33%. Gross profit margin was up by
0.5% to 15.2% in the quarter resulting in an increase of $19.1 million to $56.1
million. Margins for the completed year were however down by 0.9% resulting in a
gross profit of $174.6 million. Improved fixed operating cost leverage in the
reported quarter led to a decline in the operating expense ratio of 10.5% from
the last year same period reported ratio of 11.8%. Profit before taxes for the
Company's agriculture segment increased 127.4% in the quarter to $18.625
million while for the fiscal 2011 the construction segment's profit before
taxes were reportedly up by 49.5%. Net earnings in the quarter were $10.4
million or $0.57 per diluted share as compared to net earnings of $3.4 million
or $0.19 per diluted share reported in the same period year earlier. Net
earnings for the fiscal completed were $22.3 million or $1.23 per diluted share
as compared to net earnings of $15.7 million or $0.88 per diluted share reported
in the last fiscal. The Company estimated its fiscal 2012 revenues to be in the
range of $1.275 billion to $1.350 billion resulting in net earnings of $27.5
million to $29.4 million or $1.50 to $1.60 per diluted share. Titan Machinery
Inc. after reporting better organic growth and profitability jumped 14.96% to
close trade at $30.97 after hitting 52-week high of $31.73 on high volume
trading of 1.89 million shares. Titan Machinery Inc. owns and operates a network
of agricultural and construction equipment stores in the United States.

Thursday’s Apple Rumors — iPad 3-D

Here are your Apple rumors and news items for Thursday:  iPad 3-D: Rumors
about a third-generation iPad have cooled in the weeks since the iPad 2 was
released in March, with all signs pointing to Apple (NASDAQ: AAPL ) giving its
popular new tablet room to breathe with consumers. However, a rumor at RCR
claims to have at least one detail on the next Apple iPad it will apparently
have a 3-D screen and many Hollywood studios are reportedly rushing to prepare
3-D movie content for the device. The article goes on to say that sources at
iPad manufacturer Foxconn have also hinted that the next iPad include a 3-D
screen. Glasses-free 3-D screens are becoming increasingly common in consumer
electronics like Nintendos (PINK: NTDOY ) 3DS handheld gaming device and LGs
upcoming Optimus 3D smartphone, but its still unclear whether consumers are
interested in the technology. Hearst to iPad: The iPads stable of digital
magazines has been growing by leaps and bounds in the past week. Hearst
magazines will now appear on the tablet as well. According to The Wall Street
Journal , iPad owners will be able to read Esquire , O , and Popular Mechanics
on their tablets starting in July. Single issues will cost $2, while annual
subscriptions will cost $20. Hearst is the first publisher to begin selling
multiple magazines through Apples digital storefront. Apple came under fire
earlier this year when it announced that it would require all magazine
publishers to sell digital subscriptions through iTunes and its app store,
requiring that they surrender 30% of each sale to Apple. Taking the Pulse: Apple
has often relied on its popular Internet forums for listening to consumer
complaints and requests. According to one of Apple Insider s readers, though,
the company has kicked off a new initiative called Apple Customer Pulse. Emails
were sent to Apple account holders this week asking them to take place in two
surveys a month, answering questions about and rating various Apple products and
services. As of this writing, Anthony John Agnello did not own a position in any
of the stocks named here. Follow him on Twitter at  @ajohnagnello  and 
become a fan of  InvestorPlace on Facebook.

Thursday’s Apple Rumors — iPad 3-D

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InvestorPlace
Here are your Apple rumors and news items for Thursday:  iPad 3-D: Rumors about a third-generation iPad have cooled in the weeks since the iPad 2 was released in March, with all signs pointing to Apple (NASDAQ: AAPL ) giving its popular new tablet room to breathe with consumers. However, a rumor at RCR claims to have at least one detail on the next Apple iPad — it will apparently have a 3-D screen and many Hollywood studios are reportedly rushing to prepare 3-D movie content for the device. The article goes on to say that sources at iPad manufacturer Foxconn have also hinted that the next iPad include a 3-D screen. Glasses-free 3-D screens are becoming increasingly common in consumer electronics like Nintendo’s (PINK: NTDOY ) 3DS handheld gaming device and LG’s upcoming Optimus 3D smartphone, but it’s still unclear whether consumers are interested in the technology. Hearst to iPad: The iPad’s stable of digital magazines has been growing by leaps and bounds in the past week. Hearst magazines will now appear on the tablet as well. According to The Wall Street Journal , iPad owners will be able to read Esquire , O , and Popular Mechanics on their tablets starting in July. Single issues will cost $2, while annual subscriptions will cost $20. Hearst is the first publisher to begin selling multiple magazines through Apple’s digital storefront. Apple came under fire earlier this year when it announced that it would require all magazine publishers to sell digital subscriptions through iTunes and its app store, requiring that they surrender 30% of each sale to Apple. Taking the “Pulse”: Apple has often relied on its popular Internet forums for listening to consumer complaints and requests. According to one of Apple Insider ‘s readers, though, the company has kicked off a new initiative called “Apple Customer Pulse.” Emails were sent to Apple account holders this week asking them to take place in two surveys a month, answering questions about and rating various Apple products and services. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at  @ajohnagnello  and  become a fan of  InvestorPlace on Facebook.



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