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tdp2664 China Analyst Below are the top U.S.-listed
Tuesday, August 2, 2011
Is Now the Time to Bank on Wells Fargo?
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tdp2664 InvestorPlace "Timing has a lot to do with the outcome of a rain dance," an old cowboy proverb says.
Top U.S.-Listed Chinese Stocks with Highest Upside Potential (Aug 2, 2011)
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tdp2664 China Analyst Below are the top U.S.-listed
The ‘Buys’ in the Fickle Toy Industry
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tdp2664 InvestorPlace It's not easy to get excited about buying toy company stocks. The U.S. economy is showing signs of weakness, and the industry continues to have problems with inflation, such as with plastics and paper, that have put pressure on margins. Of course, the toy industry is notorious for being volatile. After all, kids can get bored easily — especially with toys. Despite all this, there are some opportunities for investors looking at the sector. For example, some of the companies are making strides with efforts like innovative movie tie-ins. Also, there is a push into areas like mobile apps and social networking. So what companies look promising? Here are the ones I like: JAKKS Pacific Over the years, JAKKS Pacific (NASDAQ: JAKK ) has put together a strong portfolio of brands. Examples include Road Champs, JAKKS Pets, Creative Designs International and Tollytots. Interestingly enough, the company has worked hard to find ways to lessen the seasonality of the business by creating evergreen products. But the fact is Christmas still is critical. This isn’t likely to change. But it looks like JAKKS will have a good season, with the big driver being its Pokémon toys. And the company has a healthy pipeline of new products that should get traction. On the financial side, JAKKS definitely has a strong balance sheet, with about $7 per share in cash (once you factor in the convertible debt). In fact, the company pays a dividend of about 2.3%. LeapFrog Enterprises LeapFrog Enterprises ‘ (NYSE: LF ) sole focus is building cutting-edge technology products to make education fun. It's a great concept — and yes, a strong business. Capitalizing on the huge popularity of Apple's (NASDAQ: AAPL ) iPad, LeapFrog has just launched its own version for kids. Called the LeapPad, this device allows for picture-taking and doodling. To help things along, there are even animated Disney (NYSE: DIS ) characters, making it possible for kids to create their own interactive stories. Oh, and they can share them via email or Facebook. It's an exciting product. More importantly, it could be a nice booster for the top line. Mattel For the past three years, Mattel (NYSE: MAT ) certainly has been good to shareholders. The average annual return was 12.51%. And there is no reason to think the momentum will slow down. Its mega-brands, like Barbie, continue to generate revenue growth. This especially is the case in foreign markets. Mattel also has built a powerful business in toy licensing with feature films. Just look at the success of "Cars 2." And yes, the company has plans for other movies. In 2012, there will be Mattel toys for "Brave," which is a Disney Pixar production. For the most part, Mattel's shares are affordable, with a price-to-earnings ratio of 13. The company also has a dividend of 3.5%.
The ‘Buys’ in the Fickle Toy Industry
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace It's not easy to get excited about buying toy company stocks. The U.S. economy is showing signs of weakness, and the industry continues to have problems with inflation, such as with plastics and paper, that have put pressure on margins. Of course, the toy industry is notorious for being volatile. After all, kids can get bored easily — especially with toys. Despite all this, there are some opportunities for investors looking at the sector. For example, some of the companies are making strides with efforts like innovative movie tie-ins. Also, there is a push into areas like mobile apps and social networking. So what companies look promising? Here are the ones I like: JAKKS Pacific Over the years, JAKKS Pacific (NASDAQ: JAKK ) has put together a strong portfolio of brands. Examples include Road Champs, JAKKS Pets, Creative Designs International and Tollytots. Interestingly enough, the company has worked hard to find ways to lessen the seasonality of the business by creating evergreen products. But the fact is Christmas still is critical. This isn’t likely to change. But it looks like JAKKS will have a good season, with the big driver being its Pokémon toys. And the company has a healthy pipeline of new products that should get traction. On the financial side, JAKKS definitely has a strong balance sheet, with about $7 per share in cash (once you factor in the convertible debt). In fact, the company pays a dividend of about 2.3%. LeapFrog Enterprises LeapFrog Enterprises ‘ (NYSE: LF ) sole focus is building cutting-edge technology products to make education fun. It's a great concept — and yes, a strong business. Capitalizing on the huge popularity of Apple's (NASDAQ: AAPL ) iPad, LeapFrog has just launched its own version for kids. Called the LeapPad, this device allows for picture-taking and doodling. To help things along, there are even animated Disney (NYSE: DIS ) characters, making it possible for kids to create their own interactive stories. Oh, and they can share them via email or Facebook. It's an exciting product. More importantly, it could be a nice booster for the top line. Mattel For the past three years, Mattel (NYSE: MAT ) certainly has been good to shareholders. The average annual return was 12.51%. And there is no reason to think the momentum will slow down. Its mega-brands, like Barbie, continue to generate revenue growth. This especially is the case in foreign markets. Mattel also has built a powerful business in toy licensing with feature films. Just look at the success of "Cars 2." And yes, the company has plans for other movies. In 2012, there will be Mattel toys for "Brave," which is a Disney Pixar production. For the most part, Mattel's shares are affordable, with a price-to-earnings ratio of 13. The company also has a dividend of 3.5%.
Logitech International SA (USA) (NASDAQ: LOGI) FY 2011 Guidance Revision Implies 19% Downside to Consensus EBIT
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tdp2664 Epic Stock Picks Logitech International SA (USA) (NASDAQ: LOGI) shares plummeted 18.86% since Friday after the company announced that its profits would be much lower than previously expected. On Wednesday, in an ad-hoc media release, the company announced that it is lowering its FY 2011, ending March 31, 2011 guidance. The company now guides for $2.35-2.37 billion of FY 2011 sales, down from the previous range of $2.4-2.42 billion & the consensus estimate of $2.41 billion. While the old guidance implied around 11-15% LfL growth for the Jan-Mar quarter, the new guidance implies 1-5% LfL growth. The company also reduced its FY 2011 EBIT guidance by around 17% to $140-150 million from the previous guidance of $170-180 million. Hence there is around 19% downside to current FY 2011 consensus EBIT of $181 million. According to Logitech the guidance revision is primarily due to weakness in the EMEA retail sales region. The company experienced lower-than-expected demand for its retail products (mice, keyboards, PC speakers, webcams, gaming peripherals and universal remotes) in EMEA from both distribution partners and consumers. The implied guidance for 1Q11 is $545 million in revenue, $6 million in EBIT and $0.03 in EPS versus prior forecast of $595 million in revenue, $36 million and $0.16 in EPS. The company is scheduled to report earnings at the end of the month, on April 28, 2011. Shares of the maker of peripheral computer devices craters went down by 18.86% to $14.71 after the company lowered FY 2011 guidance to a midpoint of $2.36 billion from previous guidance of $2.41 billion, with EBIT of $145 million from previous guidance of $175 million. Logitech International S.A. (Logitech) is a provider of personal peripherals for computers and other digital platforms. The Company develops and markets products in personal computer (PC) navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
Is Now the Time to Bank on Wells Fargo?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace "Timing has a lot to do with the outcome of a rain dance," an old cowboy proverb says.
Logitech International SA (USA) (NASDAQ: LOGI) FY 2011 Guidance Revision Implies 19% Downside to Consensus EBIT
XCSFDHG46767FHJHJF
tdp2664 Epic Stock Picks Logitech International SA (USA) (NASDAQ: LOGI) shares plummeted 18.86% since Friday after the company announced that its profits would be much lower than previously expected. On Wednesday, in an ad-hoc media release, the company announced that it is lowering its FY 2011, ending March 31, 2011 guidance. The company now guides for $2.35-2.37 billion of FY 2011 sales, down from the previous range of $2.4-2.42 billion & the consensus estimate of $2.41 billion. While the old guidance implied around 11-15% LfL growth for the Jan-Mar quarter, the new guidance implies 1-5% LfL growth. The company also reduced its FY 2011 EBIT guidance by around 17% to $140-150 million from the previous guidance of $170-180 million. Hence there is around 19% downside to current FY 2011 consensus EBIT of $181 million. According to Logitech the guidance revision is primarily due to weakness in the EMEA retail sales region. The company experienced lower-than-expected demand for its retail products (mice, keyboards, PC speakers, webcams, gaming peripherals and universal remotes) in EMEA from both distribution partners and consumers. The implied guidance for 1Q11 is $545 million in revenue, $6 million in EBIT and $0.03 in EPS versus prior forecast of $595 million in revenue, $36 million and $0.16 in EPS. The company is scheduled to report earnings at the end of the month, on April 28, 2011. Shares of the maker of peripheral computer devices craters went down by 18.86% to $14.71 after the company lowered FY 2011 guidance to a midpoint of $2.36 billion from previous guidance of $2.41 billion, with EBIT of $145 million from previous guidance of $175 million. Logitech International S.A. (Logitech) is a provider of personal peripherals for computers and other digital platforms. The Company develops and markets products in personal computer (PC) navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
Todays DJIA Dow Jones Industrial Average Close DJI Nasdaq S&P 500 Stock Market Today Investing Money Profit News Closing Stock Trends
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dow2664 The major market index composites struggled today. The DJIA was red at the mid-day point as were the Nasdaq and the S&P 500. The big news today was the culmination of the debt deal vote. The House passed the bill and the Senate followed up with their on passing vote today. The U.S. debt ceiling has been raised and as President Obama signed the bill into law. The passage of the bill resulted in a minor spike up for the Dow Jones trends, but poor economic posts are still dragging the indices lower overall. Negative pressure was applied to stock trends today due to the weaker than expected report on consumer spending. The Commerce Department reported today that personal spending dropped by .2 percent. This was in contrast to the .1 percent rise the most economists were expecting. This, paired with the hangover feeling stemming from last week’s GDP report and yesterday’s poor manufacturing report held indices lower on the day. Investor confidence is still relatively low and fears persist regarding the slowing economic recovery. Every additional economic post that skews negative is another reinforcing factor that promotes investor anxieties. Trends were choppy today as well and investors felt more apprehensive regarding riskier stock options. Safe haven gold moved higher today and hit an intraday trading high. Oil price per barrel moved higher this day as well. As the end of day close finalized in the U.S. market, the Dow Jones Industrial Average was red by over 265 points to close out at 11,867. The Nasdaq was lower by over 75 points to finish off at 2,699 and the S&P 500 was on the negative side of breakeven by over 32 points to close out at 1,254. Frank Matto
FTSE plunges over economic fears
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gol2664 Negocioenlinea FTSE plunges over economic fears shareprices.com – 3 hours ago The top share index in the UK dropped like a stone on Tuesday, ending the day at its lowest level in five weeks despite the US finally agreeing on a deal to save them from defaulting on their …
Todays gold prices per ounce spot gold price per gram Silver price per ounce kilo today; Gold for Cash Investing Money Profit Close
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dow2664 Gold price per ounce rates moved higher this trading session as did silver price per ounce rates. Contract gold and silver prices both flourished as investors decided to move towards safe havens after several major economic posts skewed negative and diminished investor confidence in the economic recovery. The GDP report on Friday was weaker than expected and then to open the week, the manufacturing report was below expectations. Today, the consumer spending report was weaker than anticipated. Even with the House and Senate passing the debt deal and the President signing the bill into law, the major stock indices were unable to rebound. The environment was ripe for safe havens and precious metals pushed higher today. As close approached, contract gold for December delivery was green by 1.41 percent or 22.80 and closed out at 1,644.50 per troy ounce. Contract silver for September delivery pushed higher by 3.31 percent and posted an electronic price of 40.61 per troy ounce. The one month change for gold is positive by 9.12 percent. The one month change for silver is positive by 14.44 percent. At this point, spot gold and spot silver prices were moving in positive territory. Spot gold price per gram by 1.20 at 53.25 and spot gold price per kilo was higher by 1202.44 at 53254.50. Spot silver per kilo was green by 43.36 at 1309.82 and spot silver price per ounce was green by 1.44 at 40.74. Camillo Zucari
Analyst Actions on Chinese Stocks: ADY, CHL, CHU, CRIC, CTC, CTRP, CYOU, EJ … (Aug 2, 2011)
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tdp2664 China Analyst Below are today's and the past weekend's
MetroPCS’ Fall Presages Two-telecom Future
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tdp2664 InvestorPlace MetroPCS (NYSE: PCS ) had a rough Tuesday . The stock dropped more than 30% before midday, its shares crumbling above $16 to just around $11. It’s not surprising. The mobile phone provider reported its second-quarter earnings Tuesday morning, and its results could be described in the same way as a hurricane hitting the coast: disastrous. In the first quarter of 2011, MetroPCS reported its best-ever period of customer growth, but it added fewer than 200,000 new customers in the second quarter, far below the estimates of 225,000 from analysts at JPMorgan. The company shed customers at a rate of nearly 4% during the quarter, and it expects declines to continue. Profits came to $84 million and revenue totaled more than $1 billion — year-on-year increases of 5% and 19%, respectively, but still well below analyst expectations. “We do see it being tough out there currently,” said Metro PCS COO Thomas Keys. That’s putting it lightly. As the costs of both smartphones and data plans for AT&T (NYSE: T ) and Verizon ‘s (NYSE: VZ ) 3G networks drop, the role smaller mobile telecoms like MetroPCS play in the mobile market is diminishing at an alarming (at least for their shareholders) rate. Leap Wireless (NASDAQ: LEAP ) suffered nearly as much as MetroPCS on Tuesday, shedding more than 18% of its value before even reporting its second-quarter earnings Wednesday. This is, unfortunately, the nature of the mobile provider business going forward. Metro PCS and Leap are the sixth- and seventh-place mobile providers in the United States, with customer bases of approximately 9 million and 7 million consumers. In contrast, AT&T has nearly 96 million subscribers. If and when it merges with T-Mobile USA at the beginning of 2012, its subscribership will grow to nearly 130 million. Not only that, but T-Mobile also will bring in a system of lower-cost phone and data plans — the services that providers like Metro PCS and Leap specifically specialize in. Those smaller companies will continue to lack access to popular, cheap phones like previous generations of Apple ‘s (NASDAQ: AAPL ) iPhone. The fact is that by 2013, there might be just three mobile phone providers in the United States. Unless something dramatic happens for Sprint (NYSE: S ) — the current third-place mobile provider, with a base of around 52 million subscribers — it’s possible the sole remaining players in the mobile telecom business will be Verizon and AT&T. Can MetroPCS, Leap and their peers turn things around? Possibly, but only if they reinvent their services. Smaller telecoms could find safety in reorienting their business model around Web access rather than phone services and using VoIP (voice over Internet protocol) services like Microsoft -owned (NASDAQ: MSFT ) Skype for voice plans. Even then, it would have to undercut AT&T and Verizon so heavily on price, for both service and devices, that it might not be worth it. Welcome to the new mobile market. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
The ‘Buys’ in the Fickle Toy Industry
It's not easy to get excited about buying toy company stocks. The U.S.
economy is showing signs of weakness, and the industry continues to have
problems with inflation, such as with plastics and paper, that have put pressure
on margins. Of course, the toy industry is notorious for being volatile. After
all, kids can get bored easily especially with toys. Despite all this, there
are some opportunities for investors looking at the sector. For example, some of
the companies are making strides with efforts like innovative movie tie-ins.
Also, there is a push into areas like mobile apps and social networking. So what
companies look promising? Here are the ones I like: JAKKS Pacific Over the
years, JAKKS Pacific (NASDAQ: JAKK ) has put together a strong portfolio of
brands. Examples include Road Champs, JAKKS Pets, Creative Designs International
and Tollytots. Interestingly enough, the company has worked hard to find ways to
lessen the seasonality of the business by creating evergreen products. But the
fact is Christmas still is critical. This isnt likely to change. But it looks
like JAKKS will have a good season, with the big driver being its Pokémon toys.
And the company has a healthy pipeline of new products that should get traction.
On the financial side, JAKKS definitely has a strong balance sheet, with about
$7 per share in cash (once you factor in the convertible debt). In fact, the
company pays a dividend of about 2.3%. LeapFrog Enterprises LeapFrog Enterprises
(NYSE: LF ) sole focus is building cutting-edge technology products to make
education fun. It's a great concept and yes, a strong business. Capitalizing
on the huge popularity of Apple's (NASDAQ: AAPL ) iPad, LeapFrog has just
launched its own version for kids. Called the LeapPad, this device allows for
picture-taking and doodling. To help things along, there are even animated
Disney (NYSE: DIS ) characters, making it possible for kids to create their own
interactive stories. Oh, and they can share them via email or Facebook. It's
an exciting product. More importantly, it could be a nice booster for the top
line. Mattel For the past three years, Mattel (NYSE: MAT ) certainly has been
good to shareholders. The average annual return was 12.51%. And there is no
reason to think the momentum will slow down. Its mega-brands, like Barbie,
continue to generate revenue growth. This especially is the case in foreign
markets. Mattel also has built a powerful business in toy licensing with feature
films. Just look at the success of "Cars 2." And yes, the company has plans
for other movies. In 2012, there will be Mattel toys for "Brave," which is a
Disney Pixar production. For the most part, Mattel's shares are affordable,
with a price-to-earnings ratio of 13. The company also has a dividend of 3.5%.
economy is showing signs of weakness, and the industry continues to have
problems with inflation, such as with plastics and paper, that have put pressure
on margins. Of course, the toy industry is notorious for being volatile. After
all, kids can get bored easily especially with toys. Despite all this, there
are some opportunities for investors looking at the sector. For example, some of
the companies are making strides with efforts like innovative movie tie-ins.
Also, there is a push into areas like mobile apps and social networking. So what
companies look promising? Here are the ones I like: JAKKS Pacific Over the
years, JAKKS Pacific (NASDAQ: JAKK ) has put together a strong portfolio of
brands. Examples include Road Champs, JAKKS Pets, Creative Designs International
and Tollytots. Interestingly enough, the company has worked hard to find ways to
lessen the seasonality of the business by creating evergreen products. But the
fact is Christmas still is critical. This isnt likely to change. But it looks
like JAKKS will have a good season, with the big driver being its Pokémon toys.
And the company has a healthy pipeline of new products that should get traction.
On the financial side, JAKKS definitely has a strong balance sheet, with about
$7 per share in cash (once you factor in the convertible debt). In fact, the
company pays a dividend of about 2.3%. LeapFrog Enterprises LeapFrog Enterprises
(NYSE: LF ) sole focus is building cutting-edge technology products to make
education fun. It's a great concept and yes, a strong business. Capitalizing
on the huge popularity of Apple's (NASDAQ: AAPL ) iPad, LeapFrog has just
launched its own version for kids. Called the LeapPad, this device allows for
picture-taking and doodling. To help things along, there are even animated
Disney (NYSE: DIS ) characters, making it possible for kids to create their own
interactive stories. Oh, and they can share them via email or Facebook. It's
an exciting product. More importantly, it could be a nice booster for the top
line. Mattel For the past three years, Mattel (NYSE: MAT ) certainly has been
good to shareholders. The average annual return was 12.51%. And there is no
reason to think the momentum will slow down. Its mega-brands, like Barbie,
continue to generate revenue growth. This especially is the case in foreign
markets. Mattel also has built a powerful business in toy licensing with feature
films. Just look at the success of "Cars 2." And yes, the company has plans
for other movies. In 2012, there will be Mattel toys for "Brave," which is a
Disney Pixar production. For the most part, Mattel's shares are affordable,
with a price-to-earnings ratio of 13. The company also has a dividend of 3.5%.
Tesla Motors Inc (NASDAQ: TSLA) Stock Surged on an Upgrade from Morgan Stanley
Tesla Motors Inc (NASDAQ: TSLA) surged 17.04% on Thursday after Morgan Stanley
upgraded the rating for the stock
upgraded the rating for the stock
The Gold Price Today Reached a New Intraday High as Well as a New Closing High
Gold Price Close Today : 1,628.30 Gold Price Close 22-Jul : 1,601.30 Change :
27.00 or 1.7% Silver Price Close Today : 4009.2 Silver Price Close 22-Jul :
4011.3 Change : -2.10 or -0.1% Gold Silver Ratio Today : 40.614 Gold Silver
Ratio 22-Jul : 39.920 Change : 0.69 or 1.7% Silver Gold Ratio : 0.02462 Silver
Gold Ratio 22-Jul : 0.02505 Change : -0.00043 or -1.7% Dow in Gold Dollars : $
154.16 Dow in Gold Dollars 22-Jul : $ 163.71 Change : $ (9.54) or -5.8% Dow in
Gold Ounces : 7.458 Dow in Gold Ounces 22-Jul : 7.919 Change : -0.46 or -5.8%
Dow in Silver Ounces : 302.88 Dow in Silver Ounces 22-Jul : 316.14 Change :
-13.25 or -4.2% Dow Industrial : 12,143.24 Dow Industrial 22-Jul : 12,681.16
Change : -537.92 or -4.2% S&P 500 : 1,292.28 S&P 500 22-Jul : 1,345.02 Change :
-52.74 or -3.9% US Dollar Index : 73.868 US Dollar Index 22-Jul : 74.224 Change
: -0.356 or -0.5% Platinum Price Close Today : 1,778.10 Platinum Price Close
22-Jul : 1,795.40 Change : -17.30 or -1.0% Palladium Price Close Today : 826.10
Palladium Price Close 22-Jul : 806.95 Change : 19.15 or 2.4% I got home a bit
earlier than expected, so have an opportunity to send y'all a commentary. Behold
the scoreboard! The Gold Price moved to new resistance area, the Silver Price
held on, Stocks down 4.2%, platinum lost a little, palladium jumped 2.4%. The
Gold Price today reached a new intraday high as well as a new closing high. When
New York opened today the Gold Price was wallowing at $1,615, then launched like
a rocket clean thru $1,625 resistance to $1,632.45. My $1,625 target has now
been reached -- let's see if gold can reach $1,670, too. Comex closed up $14.90
at $1,628.30. Not clear to me, after last week's performance, that gold is being
driven by the US debt ceiling farce or not. Certainly, that is contributing to
gold's ebullience, but last week when the Euros "solved" Greece's crisis with a
bailout, gold fell the first day and completely recovered the next. More than
fear is driving gold, but more what? Debt ceiling limit day falls on 2 August,
so it will be interesting to see what happens. That is hanging over the gold
market like a cloud, and when it is removed gold will react one way or the
other. Everybody expects it to drop, so maybe gold will oblige by rising. No
sure thing here, EXCEPT that over the next 3 - 10 years gold will move higher.
The Silver Price gained nothing this week, but that doesn't quite tell the whole
story. It performed well up until Wednesday and Thursday, when it staged a usual
correction. Today it regained most of that loss, but 4100c remains as solid
resistance. Comex silver closed at 4009.2, up 31.3c. Are we watching silver
assume more monetary allure? Rather than falling away from gold as it responds
to financial crisis, it has been rising. That shift has been taking place
throughout the precious metals bull market, but is it speeding up? Anyone with
two brain cells left to rub together would be anxious about recommending silver
and gold here, staring at a financial crisis deadline in four days, because all
their recent strength MAY have arisen out of that fear. Possible certainly they
will make another plunge downward before launching a lasting rally. STILL and
ALL, silver is proving itself more resilient. If gold is higher or steady the
second day after a debt ceiling is announced, it will extend its rally MUCH
further before stopping, and take silver thru 5000c. Stocks fainted badly toward
end of the week. Dow today closed 12,143.24, down 96.87 or 0.8% and the S&P500
fell below 1,300 to 1,292.28, down 8.39 or .65%. What meaneth this fall? It
crashed through 12,300 support, which was also below the last low and nears
12,000 support. Momentum headed earthward as Dow stands below 20 dma (12,512)
and 50 DMA (12,321). Looking sick, and if 12,000 holdeth not, greet 11,875, then
11,555.00 Stocks: the broken tooth in your Inventory of Investment Dental
Health. By the way, NEVER forget this: the Keynesian notion that government
spending and borrowing can bring prosperity, and that government can or should
run the economy, is the most pernicious political idea in the modern world.
Until that doctrine, which the Federal Reserve and yankee government follow
mindlessly, is destroyed, there is no economic hope for the United States. USA
TODAY, which is the richest source of outright stupidity and perverse
misinformation in our corner of the Milky Way Galaxy, and is written at a 4th
grade level as well, PERFECTLY encapsulated in one meager paragraph all the
wrong thinking that is killing the American economy today. It's really not often
that stupidity reaches the Olympian level, but here it is: "All things being
equal, lower governmentspending translates into slower economic growth, since it
means cuts in payments to contractors, layoffs of government employees, and
smaller entitlement checks. Already in 2011, softer government spending has
sapped growth." Get this straight: all government spending curbs economic
growth. All of it. Government produces nothing, therefore must take all its
money from producers by taxation or inflation. Government spending misdirects
resources, so is worse than merely setting a match to the bills. It actively
MALinvests resources and wastes them. Third, government spending starves genuine
entrepreneurs and producers for capital. I have another 874 points here, but
that will do for starters. With that bone out of my throat, I will continue. US
DOLLAR INDEX fell 35.4 basis points today, after climbing above 74 yesterday.
Now treading at 73.868, down but not hurting. How dare I say that? the 5 day
chart shows a sudden drop and bottom on Tuesday and Wednesday, like a spike or
island reversal (but not exactly). Of that bottom the buck launched from 73.4 to
74.4, and remember that 74.5 was the last low and so support. Dollar bottoms
slowly, and that's what this looks like. Close next week above 20 DMA (74.75)
and 50 DMA (74.81) argues dollar is headed for higher latitudes. Euro spiked up
this week, but failed after a one day gap-up rally. Now fidgeting around with
its 50 and 20 DMAs. Has failed to break thru resistance. Yen today reached a
higher high than the earthquake brought on in March, 130.17c/Y100 (Y76.82/$)
today against 128.79 (77.64) then. Expect the Nice Government Men who work for
treasury and Bank of Japan to counterattack next week to drive the yen down.
Japanese export-driven economy (in their Keynesian thinking) can't afford a high
yen. Y'all enjoy your weekend. Argentum et aurum comparenda sunt -- -- Gold and
silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com
© 2011, The Moneychanger. May not be republished in any form, including
electronically, without our express permission. To avoid confusion, please
remember that the comments above have a very short time horizon. Always invest
with the primary trend. Gold's primary trend is up, targeting at least
$3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66;
stocks' primary trend is down, targeting Dow under 2,900 and worth only one
ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in
a bubble, primary trend way down. Whenever I write "Stay out of stocks" readers
inevitably ask, "Do you mean precious metals mining stocks, too?" No, I don't.
Be advised and warned: Do NOT use these commentaries to trade futures contracts.
I don't intend them for that or write them with that outlook. I write them for
long-term investors in physical metals. Take them as entertainment, but not as a
timing service for futures.
27.00 or 1.7% Silver Price Close Today : 4009.2 Silver Price Close 22-Jul :
4011.3 Change : -2.10 or -0.1% Gold Silver Ratio Today : 40.614 Gold Silver
Ratio 22-Jul : 39.920 Change : 0.69 or 1.7% Silver Gold Ratio : 0.02462 Silver
Gold Ratio 22-Jul : 0.02505 Change : -0.00043 or -1.7% Dow in Gold Dollars : $
154.16 Dow in Gold Dollars 22-Jul : $ 163.71 Change : $ (9.54) or -5.8% Dow in
Gold Ounces : 7.458 Dow in Gold Ounces 22-Jul : 7.919 Change : -0.46 or -5.8%
Dow in Silver Ounces : 302.88 Dow in Silver Ounces 22-Jul : 316.14 Change :
-13.25 or -4.2% Dow Industrial : 12,143.24 Dow Industrial 22-Jul : 12,681.16
Change : -537.92 or -4.2% S&P 500 : 1,292.28 S&P 500 22-Jul : 1,345.02 Change :
-52.74 or -3.9% US Dollar Index : 73.868 US Dollar Index 22-Jul : 74.224 Change
: -0.356 or -0.5% Platinum Price Close Today : 1,778.10 Platinum Price Close
22-Jul : 1,795.40 Change : -17.30 or -1.0% Palladium Price Close Today : 826.10
Palladium Price Close 22-Jul : 806.95 Change : 19.15 or 2.4% I got home a bit
earlier than expected, so have an opportunity to send y'all a commentary. Behold
the scoreboard! The Gold Price moved to new resistance area, the Silver Price
held on, Stocks down 4.2%, platinum lost a little, palladium jumped 2.4%. The
Gold Price today reached a new intraday high as well as a new closing high. When
New York opened today the Gold Price was wallowing at $1,615, then launched like
a rocket clean thru $1,625 resistance to $1,632.45. My $1,625 target has now
been reached -- let's see if gold can reach $1,670, too. Comex closed up $14.90
at $1,628.30. Not clear to me, after last week's performance, that gold is being
driven by the US debt ceiling farce or not. Certainly, that is contributing to
gold's ebullience, but last week when the Euros "solved" Greece's crisis with a
bailout, gold fell the first day and completely recovered the next. More than
fear is driving gold, but more what? Debt ceiling limit day falls on 2 August,
so it will be interesting to see what happens. That is hanging over the gold
market like a cloud, and when it is removed gold will react one way or the
other. Everybody expects it to drop, so maybe gold will oblige by rising. No
sure thing here, EXCEPT that over the next 3 - 10 years gold will move higher.
The Silver Price gained nothing this week, but that doesn't quite tell the whole
story. It performed well up until Wednesday and Thursday, when it staged a usual
correction. Today it regained most of that loss, but 4100c remains as solid
resistance. Comex silver closed at 4009.2, up 31.3c. Are we watching silver
assume more monetary allure? Rather than falling away from gold as it responds
to financial crisis, it has been rising. That shift has been taking place
throughout the precious metals bull market, but is it speeding up? Anyone with
two brain cells left to rub together would be anxious about recommending silver
and gold here, staring at a financial crisis deadline in four days, because all
their recent strength MAY have arisen out of that fear. Possible certainly they
will make another plunge downward before launching a lasting rally. STILL and
ALL, silver is proving itself more resilient. If gold is higher or steady the
second day after a debt ceiling is announced, it will extend its rally MUCH
further before stopping, and take silver thru 5000c. Stocks fainted badly toward
end of the week. Dow today closed 12,143.24, down 96.87 or 0.8% and the S&P500
fell below 1,300 to 1,292.28, down 8.39 or .65%. What meaneth this fall? It
crashed through 12,300 support, which was also below the last low and nears
12,000 support. Momentum headed earthward as Dow stands below 20 dma (12,512)
and 50 DMA (12,321). Looking sick, and if 12,000 holdeth not, greet 11,875, then
11,555.00 Stocks: the broken tooth in your Inventory of Investment Dental
Health. By the way, NEVER forget this: the Keynesian notion that government
spending and borrowing can bring prosperity, and that government can or should
run the economy, is the most pernicious political idea in the modern world.
Until that doctrine, which the Federal Reserve and yankee government follow
mindlessly, is destroyed, there is no economic hope for the United States. USA
TODAY, which is the richest source of outright stupidity and perverse
misinformation in our corner of the Milky Way Galaxy, and is written at a 4th
grade level as well, PERFECTLY encapsulated in one meager paragraph all the
wrong thinking that is killing the American economy today. It's really not often
that stupidity reaches the Olympian level, but here it is: "All things being
equal, lower governmentspending translates into slower economic growth, since it
means cuts in payments to contractors, layoffs of government employees, and
smaller entitlement checks. Already in 2011, softer government spending has
sapped growth." Get this straight: all government spending curbs economic
growth. All of it. Government produces nothing, therefore must take all its
money from producers by taxation or inflation. Government spending misdirects
resources, so is worse than merely setting a match to the bills. It actively
MALinvests resources and wastes them. Third, government spending starves genuine
entrepreneurs and producers for capital. I have another 874 points here, but
that will do for starters. With that bone out of my throat, I will continue. US
DOLLAR INDEX fell 35.4 basis points today, after climbing above 74 yesterday.
Now treading at 73.868, down but not hurting. How dare I say that? the 5 day
chart shows a sudden drop and bottom on Tuesday and Wednesday, like a spike or
island reversal (but not exactly). Of that bottom the buck launched from 73.4 to
74.4, and remember that 74.5 was the last low and so support. Dollar bottoms
slowly, and that's what this looks like. Close next week above 20 DMA (74.75)
and 50 DMA (74.81) argues dollar is headed for higher latitudes. Euro spiked up
this week, but failed after a one day gap-up rally. Now fidgeting around with
its 50 and 20 DMAs. Has failed to break thru resistance. Yen today reached a
higher high than the earthquake brought on in March, 130.17c/Y100 (Y76.82/$)
today against 128.79 (77.64) then. Expect the Nice Government Men who work for
treasury and Bank of Japan to counterattack next week to drive the yen down.
Japanese export-driven economy (in their Keynesian thinking) can't afford a high
yen. Y'all enjoy your weekend. Argentum et aurum comparenda sunt -- -- Gold and
silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com
© 2011, The Moneychanger. May not be republished in any form, including
electronically, without our express permission. To avoid confusion, please
remember that the comments above have a very short time horizon. Always invest
with the primary trend. Gold's primary trend is up, targeting at least
$3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66;
stocks' primary trend is down, targeting Dow under 2,900 and worth only one
ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in
a bubble, primary trend way down. Whenever I write "Stay out of stocks" readers
inevitably ask, "Do you mean precious metals mining stocks, too?" No, I don't.
Be advised and warned: Do NOT use these commentaries to trade futures contracts.
I don't intend them for that or write them with that outlook. I write them for
long-term investors in physical metals. Take them as entertainment, but not as a
timing service for futures.
Citigroup analyst sees potential for $2500 gold, Randgold Resources favored equity play
Citigroup analyst sees potential for $2500 gold, Randgold Resources favored
equity play Proactive Investors USA & Canada - Jul 29, 2011 Sovereign debt
worries here in Europe and in the US could push the gold price up to US$2,500 an
ounce, and possibly even as high as US$5,000 ounce, according to research from
Citigroup. Today gold ...
equity play Proactive Investors USA & Canada - Jul 29, 2011 Sovereign debt
worries here in Europe and in the US could push the gold price up to US$2,500 an
ounce, and possibly even as high as US$5,000 ounce, according to research from
Citigroup. Today gold ...
Nasdaq 100 Analysis
+15% on the Nasdaq 100 in 2 months This weeks SBV chart example is based on the
30-day SBV(20) Nasdaq 100 chart and is continuation of the previous weeks chart
example published on June 18, 2011. Chart 1. Relationship between the SBV
Oscillator and index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30
min. SBV(20) Detailed system description with explanation of used rules could be
found in our " SBV Trading System " tutorial. Table 1: Trades based on the
5-rule system. Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2
Buy 2268 112 4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7
4/27/2011 Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011
Rule #4 Sell Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell
Short 2405 +12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385
5/09/2011 Rule #2 Buy 2384 +10 5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4
Sell Short 2390 -13 5/12/2011 Rule #2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short
2387 +47 5/18/2011 Rule #2 Buy 2340 +11 5/20/2011 Rule #4 Sell Short 2351 +36
5/23/2011 Rule #2 Buy 2315 -9 5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011
Rule #2 Buy 2313 +30 6/01/2011 Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy
2311 -15 6/03/2011 Rule #1 Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35
6/10/2011 Rule #1 Sell Short 2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011
Rule #4 Sell Short 2237 +35 6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4
Cash 2207 6/20/2011 Rule #4 Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35
6/22/2011 Rule #4 Sell Short 2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011
Rule #5 Cash 2191 +14.6% (+330 points) Disclaimer: The chart example is intended
for educational purposes only and does not constitute trading advice or make or
imply any market trend prediction.
30-day SBV(20) Nasdaq 100 chart and is continuation of the previous weeks chart
example published on June 18, 2011. Chart 1. Relationship between the SBV
Oscillator and index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30
min. SBV(20) Detailed system description with explanation of used rules could be
found in our " SBV Trading System " tutorial. Table 1: Trades based on the
5-rule system. Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2
Buy 2268 112 4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7
4/27/2011 Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011
Rule #4 Sell Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell
Short 2405 +12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385
5/09/2011 Rule #2 Buy 2384 +10 5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4
Sell Short 2390 -13 5/12/2011 Rule #2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short
2387 +47 5/18/2011 Rule #2 Buy 2340 +11 5/20/2011 Rule #4 Sell Short 2351 +36
5/23/2011 Rule #2 Buy 2315 -9 5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011
Rule #2 Buy 2313 +30 6/01/2011 Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy
2311 -15 6/03/2011 Rule #1 Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35
6/10/2011 Rule #1 Sell Short 2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011
Rule #4 Sell Short 2237 +35 6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4
Cash 2207 6/20/2011 Rule #4 Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35
6/22/2011 Rule #4 Sell Short 2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011
Rule #5 Cash 2191 +14.6% (+330 points) Disclaimer: The chart example is intended
for educational purposes only and does not constitute trading advice or make or
imply any market trend prediction.
Nasdaq 100 Trading
+14% on the Nasdaq 100 in 2 months This weeks SBV chart example is based on the
30-day SBV(20) Nasdaq 100 chart. Chart 1. Relationship between the SBV
Oscillator and index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30
min. SBV(20) Detailed system description with explanation of used rules could be
found in our " SBV Trading System " tutorial. Table 1: Trades based on the
5-rule system. Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2
Buy 2268 112 4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7
4/27/2011 Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011
Rule #4 Sell Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell
Short 2405 +12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385
30-day SBV(20) Nasdaq 100 chart. Chart 1. Relationship between the SBV
Oscillator and index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30
min. SBV(20) Detailed system description with explanation of used rules could be
found in our " SBV Trading System " tutorial. Table 1: Trades based on the
5-rule system. Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2
Buy 2268 112 4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7
4/27/2011 Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011
Rule #4 Sell Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell
Short 2405 +12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385
Today’s DJIA Stock Market Quotes General Electric Dow Jones Industrial Average in Red; Stock Market News Today Mid-Day
The DJIA is trending in the red today. The Dow Jones ended the last session red
and trends for this day are not showing any sign of a rebound. As of the halfway
point in the days trading session, the DJI is posting red by .51 percent or
62.25 at 12,070.24. Economic news has not been positive lately and todays
economic post is just another negative market that is applying pressure to the
Dow Jones Industrial Average. Stocks are suffering amidst the negativity and
investors on Wall Street are fearing the potential double dip. Components of the
Dow are struggling individually and the broad reflection that the Dow provides
has not been a confidence builder. General Electric is one company that helps to
create the broad perspective. It is one of the worlds largest companies and it
operates a broad range of business. Currently, the stock ticker for General
Electric is posting red. The real time quote reveals that trades are down of the
day and the value is red by 2.95 percent on the session. General Electric
Company is currently trading at 17.43 and is one of many companies in the red
right now. The pressure in the marketplace continues and the DJIA is moving
below breakeven. Frank Matto
and trends for this day are not showing any sign of a rebound. As of the halfway
point in the days trading session, the DJI is posting red by .51 percent or
62.25 at 12,070.24. Economic news has not been positive lately and todays
economic post is just another negative market that is applying pressure to the
Dow Jones Industrial Average. Stocks are suffering amidst the negativity and
investors on Wall Street are fearing the potential double dip. Components of the
Dow are struggling individually and the broad reflection that the Dow provides
has not been a confidence builder. General Electric is one company that helps to
create the broad perspective. It is one of the worlds largest companies and it
operates a broad range of business. Currently, the stock ticker for General
Electric is posting red. The real time quote reveals that trades are down of the
day and the value is red by 2.95 percent on the session. General Electric
Company is currently trading at 17.43 and is one of many companies in the red
right now. The pressure in the marketplace continues and the DJIA is moving
below breakeven. Frank Matto
Today’s DJIA Stock Market DJI Dow Jones Industrial Average, Nasdaq, S&P 500 Investing News Today; Stock Money Profit News Mid Day
The economic worries continue to fester in the U.S. and the major stock indices
moved lower during todays session. The DJIA, Nasdaq and S&P 500 all moved in
negative territory during the first half of the trading session amid the drama
of the debt ceiling vote and spending cuts that are to follow. The negative
action observed in the marketplace today is a continuation of negative trends
that have been observed on Wall Street and investor worries grow larger. The
negatively skewed economic reports in the U.S. are piling and the fears of the
double dip have become a bit more tangible. According to the Commerce
Department, person income rose .1 percent in June but person spending slipped .2
percent. Consumers are still lacking confidence in the economic recovery and the
negative composite trends have not given reason to feel otherwise. The dollar
was dropping lower today versus a basket of other currencies and the benchmark
ten year treasury was on the rise. Oil price per barrel was gaining and gold
futures are on the rise. Gold futures hit another intraday high earlier in the
session. The negatively skewed economic reports are building and the sentiment
is represented in the red index composites. As the halfway point in the trading
session approached today, the Dow Jones Industrial Average was lower by .51
percent at 12,070.24. The Nasdaq was lower by .32 percent at 2,735.95 and the
S&P 500 was lower by .72 percent at 1,277.67. Frank Matto
moved lower during todays session. The DJIA, Nasdaq and S&P 500 all moved in
negative territory during the first half of the trading session amid the drama
of the debt ceiling vote and spending cuts that are to follow. The negative
action observed in the marketplace today is a continuation of negative trends
that have been observed on Wall Street and investor worries grow larger. The
negatively skewed economic reports in the U.S. are piling and the fears of the
double dip have become a bit more tangible. According to the Commerce
Department, person income rose .1 percent in June but person spending slipped .2
percent. Consumers are still lacking confidence in the economic recovery and the
negative composite trends have not given reason to feel otherwise. The dollar
was dropping lower today versus a basket of other currencies and the benchmark
ten year treasury was on the rise. Oil price per barrel was gaining and gold
futures are on the rise. Gold futures hit another intraday high earlier in the
session. The negatively skewed economic reports are building and the sentiment
is represented in the red index composites. As the halfway point in the trading
session approached today, the Dow Jones Industrial Average was lower by .51
percent at 12,070.24. The Nasdaq was lower by .32 percent at 2,735.95 and the
S&P 500 was lower by .72 percent at 1,277.67. Frank Matto
7 Gold Stocks Analysts Predict Will Grow 15%
7 Gold Stocks Analysts Predict Will Grow 15% Seeking Alpha - Jul 31, 2011 Its
all the rage. Weve seen it take the headlines by storm recently, gaining
never-before seen heights as this precious metal recently hit the $1,600/ounce
ceiling. But then again, up to 5 ...
all the rage. Weve seen it take the headlines by storm recently, gaining
never-before seen heights as this precious metal recently hit the $1,600/ounce
ceiling. But then again, up to 5 ...
Nasdaq
+19% on the Nasdaq 100 Use SBV Oscillator to see when to sell This weeks SBV
chart example is based on the 30-day SBV(20) Nasdaq 100 chart and is
continuation of the previous weeks chart example published on June 25, 2011.
Chart 1. Relationship between the SBV Oscillator and index reversal points.
Nasdaq 100 index. 30-day view. 1 bar = 30 min. SBV(20) Detailed system
description with explanation of used rules could be found in our " SBV Trading
System " tutorial. Table 1: Trades based on the 5-rule system. Time Motivation
Signal Index Profit (points) 4/18/2011 Rule #2 Buy 2268 112 4/25/2011 Rule #4
Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7 4/27/2011 Rule #4 Sell Short
2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011 Rule #4 Sell Short 2402 -5
4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell Short 2405 +12 5/04/2011
Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385 5/09/2011 Rule #2 Buy 2384 +10
5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4 Sell Short 2390 -13 5/12/2011 Rule
#2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short 2387 +47 5/18/2011 Rule #2 Buy 2340
+11 5/20/2011 Rule #4 Sell Short 2351 +36 5/23/2011 Rule #2 Buy 2315 -9
5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011 Rule #2 Buy 2313 +30 6/01/2011
Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy 2311 -15 6/03/2011 Rule #1
Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35 6/10/2011 Rule #1 Sell Short
2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011 Rule #4 Sell Short 2237 +35
6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4 Cash 2207 6/20/2011 Rule #4
Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35 6/22/2011 Rule #4 Sell Short
2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011 Rule #5 Cash 2191 6/27/2011
Rule #2 Buy 2259 +102 +19.0% (+432 points) Disclaimer: The chart example is
intended for educational purposes only and does not constitute trading advice or
make or imply any market trend prediction.
chart example is based on the 30-day SBV(20) Nasdaq 100 chart and is
continuation of the previous weeks chart example published on June 25, 2011.
Chart 1. Relationship between the SBV Oscillator and index reversal points.
Nasdaq 100 index. 30-day view. 1 bar = 30 min. SBV(20) Detailed system
description with explanation of used rules could be found in our " SBV Trading
System " tutorial. Table 1: Trades based on the 5-rule system. Time Motivation
Signal Index Profit (points) 4/18/2011 Rule #2 Buy 2268 112 4/25/2011 Rule #4
Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7 4/27/2011 Rule #4 Sell Short
2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011 Rule #4 Sell Short 2402 -5
4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell Short 2405 +12 5/04/2011
Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385 5/09/2011 Rule #2 Buy 2384 +10
5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4 Sell Short 2390 -13 5/12/2011 Rule
#2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short 2387 +47 5/18/2011 Rule #2 Buy 2340
+11 5/20/2011 Rule #4 Sell Short 2351 +36 5/23/2011 Rule #2 Buy 2315 -9
5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011 Rule #2 Buy 2313 +30 6/01/2011
Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy 2311 -15 6/03/2011 Rule #1
Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35 6/10/2011 Rule #1 Sell Short
2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011 Rule #4 Sell Short 2237 +35
6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4 Cash 2207 6/20/2011 Rule #4
Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35 6/22/2011 Rule #4 Sell Short
2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011 Rule #5 Cash 2191 6/27/2011
Rule #2 Buy 2259 +102 +19.0% (+432 points) Disclaimer: The chart example is
intended for educational purposes only and does not constitute trading advice or
make or imply any market trend prediction.
gold price per gram today spot gold prices spot silver price per ounce; current contract gold prices contract silver prices investing finance open...
The negative close values are adding up for the major index composites in the
U.S. The climate seems ripe for safe haven acquisition but precious metal data
revealed mixed results last trading session. Gold contract price per ounce rates
close out the trading session in the red and silver contract price per ounce
rates moved to close in negative territory as well. Spot gold and spot silver
rates were moving in divergent directions just after close of the last trading
session. Gold contract for December delivery moved lower by .58 percent or 9.50
to close out the session at 1621.70 per troy ounce. Silver contract for
September delivery close lower by 1.99 percent or .797 to finish the session at
39.31 per troy ounce. During the interval after session close but prior to
opening bell for todays trading session, spot gold and spot silver prices were
both moving in negative territory. Spot gold price per gram was red by .27 at
52.08 and spot gold price per kilo was red by 272.96 at 52078. Spot silver price
per kilo was red by 21.16 at 1267 and spot silver price per ounce was red by .66
at 39.43. The dollar grew stronger versus a handful of other currencies during
the last trading session and the weaker euro hurt precious metal gold and silver
acquisitions. Camillo Zucari
U.S. The climate seems ripe for safe haven acquisition but precious metal data
revealed mixed results last trading session. Gold contract price per ounce rates
close out the trading session in the red and silver contract price per ounce
rates moved to close in negative territory as well. Spot gold and spot silver
rates were moving in divergent directions just after close of the last trading
session. Gold contract for December delivery moved lower by .58 percent or 9.50
to close out the session at 1621.70 per troy ounce. Silver contract for
September delivery close lower by 1.99 percent or .797 to finish the session at
39.31 per troy ounce. During the interval after session close but prior to
opening bell for todays trading session, spot gold and spot silver prices were
both moving in negative territory. Spot gold price per gram was red by .27 at
52.08 and spot gold price per kilo was red by 272.96 at 52078. Spot silver price
per kilo was red by 21.16 at 1267 and spot silver price per ounce was red by .66
at 39.43. The dollar grew stronger versus a handful of other currencies during
the last trading session and the weaker euro hurt precious metal gold and silver
acquisitions. Camillo Zucari
InfoSonics Corporation (NASDAQ:IFON) Posts 76.5% Decline in 4Q Revenue
InfoSonics Corporation (NASDAQ:IFON) shares tumbles after reporting its fourth
fiscal quarter, posting decline of 76.5% in revenue for the quarter. Fourth
fiscal quarter net loss narrowed 67% to $725 thousand or $0.05 per share,
compared to $2.2 million or $0.15 per share in the prior year quarter. Revenue
fell 76.5% year over year and increases 76.83% sequentially to $14.5 million in
the fourth quarter from $61.7 million in the same quarter last year and $8.2
million in the third fiscal quarter respectively. Year over year decrease in
revenue is the results of continued reductions in
fiscal quarter, posting decline of 76.5% in revenue for the quarter. Fourth
fiscal quarter net loss narrowed 67% to $725 thousand or $0.05 per share,
compared to $2.2 million or $0.15 per share in the prior year quarter. Revenue
fell 76.5% year over year and increases 76.83% sequentially to $14.5 million in
the fourth quarter from $61.7 million in the same quarter last year and $8.2
million in the third fiscal quarter respectively. Year over year decrease in
revenue is the results of continued reductions in
The Gold Price Reached $1,635 on Friday, and About the Same Today - Looks Like a Double Top
Gold Price Close Today : 1619.00 Change : (9.30) or -0.6% Silver Price Close
Today : 39.298 Change : (0.794) or -2.0% Gold Silver Ratio Today : 41.20 Change
: 0.584 or 1.4% Silver Gold Ratio Today : 0.02427 Change : -0.000349 or -1.4%
Platinum Price Close Today : 1792.70 Change : 14.60 or 0.8% Palladium Price
Close Today : 828.00 Change : 1.90 or 0.2% S&P 500 : 1,286.94 Change : -5.34 or
-0.4% Dow In GOLD$ : $154.91 Change : $ 0.76 or 0.5% Dow in GOLD oz : 7.494
Change : 0.037 or 0.5% Dow in SILVER oz : 308.73 Change : 5.85 or 1.9% Dow
Industrial : 12,132.49 Change : -10.75 or -0.1% US Dollar Index : 74.31 Change :
0.285 or 0.4% I wish I had thought of something Steve Saville of
www.speculative-investor.com mentioned in his last commentary. While all the
media Mo-Ros were propagandizing a US credit default, the market was saying
something else. Yield on the 10 year US treasury note plummeted on Friday.
Remember the rule for bonds, "Yield rises, price falls; yield falls, price
rises." Therefore, a lot of savvy investors on Friday were piling in to US
Treasuries, well aware that the US was not about to default. They were right.
First, deal with the questions: when silver and gold and stocks all dropped, why
did platinum and palladium rise? What does THAT say? Anomaly or augury? Comrade
O'Bama and the Debt Ceiling Drama worked markets over. There is a deal, there
isn't a deal. Stocks tried to rise on the open, then about 10:00 fell into
negative-land. By noon the Dow was below 12,000 barely, but FEAR NOT! Help
appeared (thanks, Nice Government Men!) to bring the Dow nearly to unchanged at
12,132.49, down 10.75 or 0.09%. Odd, wonder why the S&P500 dropped 5.34 or 0.41%
to 1,286.94. Sloppy work, NGM! Stocks have now worked their way nearly to their
200 DMA (for the Dow, 11,982.96). Even if it were dead as a quarter-inch thick
armadillo in the road, the Dow ought to bounce off of that. (Which reminds me,
do y'all know what an armadillo's defense mechanism is? They jump straight up
flat-footed. Which may explain why so many armadillo corpses litter the road, as
a straight-up jump gets them just about truck-bumper high.) But looking out more
than a week or two, I can't see anything but a massive double top in the Dow,
confirmed by a second double top (two in July), and a decline to a lower low for
the move. Me, I'm not attracted to that sort of action, any more than I'm going
to shoot craps when a man's dice have two 2s on both cubes. Stocks -- the
biplane of Investment Aerodynamic Design. Here's why the debt ceiling deal did
nothing: it made no structural changes. US economic woe arises from government
spending contributing over 50% of income. Get it? Government is 50% of the
economy. Until that is reduced, no change has taken place. No solution, only
more play-acting. The US dollar took a goose from the debt ceiling "solution."
From the last price I saw Friday until now, the dollar index rose 44.4 basis
points or 6/10%. Five day chart made a sort-of spike bottom down to 73.6, but it
rose clean back to Friday's high at 70.50. Expect the dollar to rise. It may
take it a while to work out of this hole, but it will. Euro was brought back to
reality today with a 1.4250 close, down 1.06% and beneath its 20 and 50 day
moving averages (1.4269 and 1.4319). Lower, lower. Yen came off its high horse
today after its highest close ever on Friday. Closed Y77.24/$ (129.46c/Y100).
Expect Japanese NGM to begin attacking the yen to bring it down. The Gold Price
reached $1,635 on Friday, and about the same today. Looks like a double top, and
a close below $1,615 then $1,605 will confirm that. Gold Price was confused
today, dropping down to $1,610 at 10:30, then rallying clean to $1,630 by 11:00
am. Afterward it rolled over and whimpered around $1,620. Any close above $1,630
will gainsay my conclusion that gold will decline. As confused as today has
been, it might come back. Don't discount it too quickly. Silver Price has been
trending downward since last Wednesday, and nothing changed today: lower highs
and lower lows. 3900c stopped silver today, but will that stop silver tomorrow?
Just beneath us at 3860c is the 20 day moving average. If/when silver crosses
that, momentum traders will sell more. What target? Possible that silver will
re-visit its 200 DMA at 3334c. Comex today closed at 3929.8, down 79.4c. 3800c
is the line silver must hold if it is not destined to revisit the 200 DMA.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. -
Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures.
Today : 39.298 Change : (0.794) or -2.0% Gold Silver Ratio Today : 41.20 Change
: 0.584 or 1.4% Silver Gold Ratio Today : 0.02427 Change : -0.000349 or -1.4%
Platinum Price Close Today : 1792.70 Change : 14.60 or 0.8% Palladium Price
Close Today : 828.00 Change : 1.90 or 0.2% S&P 500 : 1,286.94 Change : -5.34 or
-0.4% Dow In GOLD$ : $154.91 Change : $ 0.76 or 0.5% Dow in GOLD oz : 7.494
Change : 0.037 or 0.5% Dow in SILVER oz : 308.73 Change : 5.85 or 1.9% Dow
Industrial : 12,132.49 Change : -10.75 or -0.1% US Dollar Index : 74.31 Change :
0.285 or 0.4% I wish I had thought of something Steve Saville of
www.speculative-investor.com mentioned in his last commentary. While all the
media Mo-Ros were propagandizing a US credit default, the market was saying
something else. Yield on the 10 year US treasury note plummeted on Friday.
Remember the rule for bonds, "Yield rises, price falls; yield falls, price
rises." Therefore, a lot of savvy investors on Friday were piling in to US
Treasuries, well aware that the US was not about to default. They were right.
First, deal with the questions: when silver and gold and stocks all dropped, why
did platinum and palladium rise? What does THAT say? Anomaly or augury? Comrade
O'Bama and the Debt Ceiling Drama worked markets over. There is a deal, there
isn't a deal. Stocks tried to rise on the open, then about 10:00 fell into
negative-land. By noon the Dow was below 12,000 barely, but FEAR NOT! Help
appeared (thanks, Nice Government Men!) to bring the Dow nearly to unchanged at
12,132.49, down 10.75 or 0.09%. Odd, wonder why the S&P500 dropped 5.34 or 0.41%
to 1,286.94. Sloppy work, NGM! Stocks have now worked their way nearly to their
200 DMA (for the Dow, 11,982.96). Even if it were dead as a quarter-inch thick
armadillo in the road, the Dow ought to bounce off of that. (Which reminds me,
do y'all know what an armadillo's defense mechanism is? They jump straight up
flat-footed. Which may explain why so many armadillo corpses litter the road, as
a straight-up jump gets them just about truck-bumper high.) But looking out more
than a week or two, I can't see anything but a massive double top in the Dow,
confirmed by a second double top (two in July), and a decline to a lower low for
the move. Me, I'm not attracted to that sort of action, any more than I'm going
to shoot craps when a man's dice have two 2s on both cubes. Stocks -- the
biplane of Investment Aerodynamic Design. Here's why the debt ceiling deal did
nothing: it made no structural changes. US economic woe arises from government
spending contributing over 50% of income. Get it? Government is 50% of the
economy. Until that is reduced, no change has taken place. No solution, only
more play-acting. The US dollar took a goose from the debt ceiling "solution."
From the last price I saw Friday until now, the dollar index rose 44.4 basis
points or 6/10%. Five day chart made a sort-of spike bottom down to 73.6, but it
rose clean back to Friday's high at 70.50. Expect the dollar to rise. It may
take it a while to work out of this hole, but it will. Euro was brought back to
reality today with a 1.4250 close, down 1.06% and beneath its 20 and 50 day
moving averages (1.4269 and 1.4319). Lower, lower. Yen came off its high horse
today after its highest close ever on Friday. Closed Y77.24/$ (129.46c/Y100).
Expect Japanese NGM to begin attacking the yen to bring it down. The Gold Price
reached $1,635 on Friday, and about the same today. Looks like a double top, and
a close below $1,615 then $1,605 will confirm that. Gold Price was confused
today, dropping down to $1,610 at 10:30, then rallying clean to $1,630 by 11:00
am. Afterward it rolled over and whimpered around $1,620. Any close above $1,630
will gainsay my conclusion that gold will decline. As confused as today has
been, it might come back. Don't discount it too quickly. Silver Price has been
trending downward since last Wednesday, and nothing changed today: lower highs
and lower lows. 3900c stopped silver today, but will that stop silver tomorrow?
Just beneath us at 3860c is the 20 day moving average. If/when silver crosses
that, momentum traders will sell more. What target? Possible that silver will
re-visit its 200 DMA at 3334c. Comex today closed at 3929.8, down 79.4c. 3800c
is the line silver must hold if it is not destined to revisit the 200 DMA.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. -
Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures.
Logitech International SA (USA) (NASDAQ: LOGI) FY 2011 Guidance Revision Implies 19% Downside to Consensus EBIT
Logitech International SA (USA) (NASDAQ: LOGI) shares plummeted 18.86% since
Friday after the company announced that its profits would be much lower than
previously expected. On Wednesday, in an ad-hoc media release, the company
announced that it is lowering its FY 2011, ending March 31, 2011 guidance. The
company now guides for $2.35-2.37 billion of FY 2011 sales, down from the
previous range of $2.4-2.42 billion & the consensus estimate of $2.41 billion.
While the old guidance implied around 11-15% LfL growth for the Jan-Mar quarter,
the new guidance implies 1-5% LfL growth. The company also reduced its FY 2011
EBIT guidance by around 17% to $140-150 million from the previous guidance of
$170-180 million. Hence there is around 19% downside to current FY 2011
consensus EBIT of $181 million. According to Logitech the guidance revision is
primarily due to weakness in the EMEA retail sales region. The company
experienced lower-than-expected demand for its retail products (mice, keyboards,
PC speakers, webcams, gaming peripherals and universal remotes) in EMEA from
both distribution partners and consumers. The implied guidance for 1Q11 is $545
million in revenue, $6 million in EBIT and $0.03 in EPS versus prior forecast of
$595 million in revenue, $36 million and $0.16 in EPS. The company is scheduled
to report earnings at the end of the month, on April 28, 2011. Shares of the
maker of peripheral computer devices craters went down by 18.86% to $14.71 after
the company lowered FY 2011 guidance to a midpoint of $2.36 billion from
previous guidance of $2.41 billion, with EBIT of $145 million from previous
guidance of $175 million. Logitech International S.A. (Logitech) is a provider
of personal peripherals for computers and other digital platforms. The Company
develops and markets products in personal computer (PC) navigation, Internet
communications, digital music, home-entertainment control, gaming and wireless
devices. Disclaimer: The assembled information distributed by epicstockpicks.com
is for information purposes only, and is neither a solicitation to buy nor an
offer to sell securities. Epicstockpicks.com does expect that investors will buy
and sell securities based on information assembled and presented herein.
EpicStockPicks.com will not be responsible in any way for or accept any
liability for any losses arising from an investor's reliance on or use of
information obtained from our website or emails. PLEASE always do your own due
diligence, and consult your financial advisor.
Friday after the company announced that its profits would be much lower than
previously expected. On Wednesday, in an ad-hoc media release, the company
announced that it is lowering its FY 2011, ending March 31, 2011 guidance. The
company now guides for $2.35-2.37 billion of FY 2011 sales, down from the
previous range of $2.4-2.42 billion & the consensus estimate of $2.41 billion.
While the old guidance implied around 11-15% LfL growth for the Jan-Mar quarter,
the new guidance implies 1-5% LfL growth. The company also reduced its FY 2011
EBIT guidance by around 17% to $140-150 million from the previous guidance of
$170-180 million. Hence there is around 19% downside to current FY 2011
consensus EBIT of $181 million. According to Logitech the guidance revision is
primarily due to weakness in the EMEA retail sales region. The company
experienced lower-than-expected demand for its retail products (mice, keyboards,
PC speakers, webcams, gaming peripherals and universal remotes) in EMEA from
both distribution partners and consumers. The implied guidance for 1Q11 is $545
million in revenue, $6 million in EBIT and $0.03 in EPS versus prior forecast of
$595 million in revenue, $36 million and $0.16 in EPS. The company is scheduled
to report earnings at the end of the month, on April 28, 2011. Shares of the
maker of peripheral computer devices craters went down by 18.86% to $14.71 after
the company lowered FY 2011 guidance to a midpoint of $2.36 billion from
previous guidance of $2.41 billion, with EBIT of $145 million from previous
guidance of $175 million. Logitech International S.A. (Logitech) is a provider
of personal peripherals for computers and other digital platforms. The Company
develops and markets products in personal computer (PC) navigation, Internet
communications, digital music, home-entertainment control, gaming and wireless
devices. Disclaimer: The assembled information distributed by epicstockpicks.com
is for information purposes only, and is neither a solicitation to buy nor an
offer to sell securities. Epicstockpicks.com does expect that investors will buy
and sell securities based on information assembled and presented herein.
EpicStockPicks.com will not be responsible in any way for or accept any
liability for any losses arising from an investor's reliance on or use of
information obtained from our website or emails. PLEASE always do your own due
diligence, and consult your financial advisor.
Merck & Co. Inc. (NYSE:MRK) Signs Research Deal
Merck & Co. Inc. (NYSE:MRK) and AbD Serotec have signed a license agreement for
use of HuCAL GOLD in vaccine research. Merck & Co. Inc. (NYSE:MRK) Signs
Research Deal Merck & Co. Inc. (NYSE:MRK) and MorphoSys AG's research and
diagnostic antibody unit AbD Serotec have signed a license accord for use of
MorphoSys AG's HuCAL GOLD in Vaccine Research. According to the contract,
Merck & Co. Inc. (NYSE:MRK) has granted access to HuCAL GOLD for research
purposes, with the choice to improve to MorphoSyss latest proprietary antibody
library HuCAL PLATINUM. MorphoSyss research and diagnostic antibody segment AbD
Serotec will receive annual user fees from Merck & Co. Inc. (NYSE:MRK) for
access to the HuCAL technology and license fees for clinical monitoring
reagents. Merck & Co. Inc. (NYSE:MRK) stocks are currently standing at 33.44.
Price History Last Price: 33.44 52 Week Low / High: 31.06 / 37.68 50 Day Moving
Average: 35.74 6 Month Price Change %: 3.2% 12 Month Price Change %: -2.7%
use of HuCAL GOLD in vaccine research. Merck & Co. Inc. (NYSE:MRK) Signs
Research Deal Merck & Co. Inc. (NYSE:MRK) and MorphoSys AG's research and
diagnostic antibody unit AbD Serotec have signed a license accord for use of
MorphoSys AG's HuCAL GOLD in Vaccine Research. According to the contract,
Merck & Co. Inc. (NYSE:MRK) has granted access to HuCAL GOLD for research
purposes, with the choice to improve to MorphoSyss latest proprietary antibody
library HuCAL PLATINUM. MorphoSyss research and diagnostic antibody segment AbD
Serotec will receive annual user fees from Merck & Co. Inc. (NYSE:MRK) for
access to the HuCAL technology and license fees for clinical monitoring
reagents. Merck & Co. Inc. (NYSE:MRK) stocks are currently standing at 33.44.
Price History Last Price: 33.44 52 Week Low / High: 31.06 / 37.68 50 Day Moving
Average: 35.74 6 Month Price Change %: 3.2% 12 Month Price Change %: -2.7%
MetroPCS’ Fall Presages Two-telecom Future
MetroPCS (NYSE: PCS ) had a rough Tuesday . The stock dropped more than 30%
before midday, its shares crumbling above $16 to just around $11. Its not
surprising. The mobile phone provider reported its second-quarter earnings
Tuesday morning, and its results could be described in the same way as a
hurricane hitting the coast: disastrous. In the first quarter of 2011, MetroPCS
reported its best-ever period of customer growth, but it added fewer than
200,000 new customers in the second quarter, far below the estimates of 225,000
from analysts at JPMorgan. The company shed customers at a rate of nearly 4%
during the quarter, and it expects declines to continue. Profits came to $84
million and revenue totaled more than $1 billion year-on-year increases of 5%
and 19%, respectively, but still well below analyst expectations. We do see it
being tough out there currently, said Metro PCS COO Thomas Keys. Thats putting
it lightly. As the costs of both smartphones and data plans for AT&T (NYSE: T )
and Verizon s (NYSE: VZ ) 3G networks drop, the role smaller mobile telecoms
like MetroPCS play in the mobile market is diminishing at an alarming (at least
for their shareholders) rate. Leap Wireless (NASDAQ: LEAP ) suffered nearly as
much as MetroPCS on Tuesday, shedding more than 18% of its value before even
reporting its second-quarter earnings Wednesday. This is, unfortunately, the
nature of the mobile provider business going forward. Metro PCS and Leap are the
sixth- and seventh-place mobile providers in the United States, with customer
bases of approximately 9 million and 7 million consumers. In contrast, AT&T has
nearly 96 million subscribers. If and when it merges with T-Mobile USA at the
beginning of 2012, its subscribership will grow to nearly 130 million. Not only
that, but T-Mobile also will bring in a system of lower-cost phone and data
plans the services that providers like Metro PCS and Leap specifically
specialize in. Those smaller companies will continue to lack access to popular,
cheap phones like previous generations of Apple s (NASDAQ: AAPL ) iPhone. The
fact is that by 2013, there might be just three mobile phone providers in the
United States. Unless something dramatic happens for Sprint (NYSE: S ) the
current third-place mobile provider, with a base of around 52 million
subscribers its possible the sole remaining players in the mobile telecom
business will be Verizon and AT&T. Can MetroPCS, Leap and their peers turn
things around? Possibly, but only if they reinvent their services. Smaller
telecoms could find safety in reorienting their business model around Web access
rather than phone services and using VoIP (voice over Internet protocol)
services like Microsoft -owned (NASDAQ: MSFT ) Skype for voice plans. Even then,
it would have to undercut AT&T and Verizon so heavily on price, for both service
and devices, that it might not be worth it. Welcome to the new mobile market. As
of this writing, Anthony John Agnello did not own a position in any of the
stocks named here. Follow him on Twitter at
before midday, its shares crumbling above $16 to just around $11. Its not
surprising. The mobile phone provider reported its second-quarter earnings
Tuesday morning, and its results could be described in the same way as a
hurricane hitting the coast: disastrous. In the first quarter of 2011, MetroPCS
reported its best-ever period of customer growth, but it added fewer than
200,000 new customers in the second quarter, far below the estimates of 225,000
from analysts at JPMorgan. The company shed customers at a rate of nearly 4%
during the quarter, and it expects declines to continue. Profits came to $84
million and revenue totaled more than $1 billion year-on-year increases of 5%
and 19%, respectively, but still well below analyst expectations. We do see it
being tough out there currently, said Metro PCS COO Thomas Keys. Thats putting
it lightly. As the costs of both smartphones and data plans for AT&T (NYSE: T )
and Verizon s (NYSE: VZ ) 3G networks drop, the role smaller mobile telecoms
like MetroPCS play in the mobile market is diminishing at an alarming (at least
for their shareholders) rate. Leap Wireless (NASDAQ: LEAP ) suffered nearly as
much as MetroPCS on Tuesday, shedding more than 18% of its value before even
reporting its second-quarter earnings Wednesday. This is, unfortunately, the
nature of the mobile provider business going forward. Metro PCS and Leap are the
sixth- and seventh-place mobile providers in the United States, with customer
bases of approximately 9 million and 7 million consumers. In contrast, AT&T has
nearly 96 million subscribers. If and when it merges with T-Mobile USA at the
beginning of 2012, its subscribership will grow to nearly 130 million. Not only
that, but T-Mobile also will bring in a system of lower-cost phone and data
plans the services that providers like Metro PCS and Leap specifically
specialize in. Those smaller companies will continue to lack access to popular,
cheap phones like previous generations of Apple s (NASDAQ: AAPL ) iPhone. The
fact is that by 2013, there might be just three mobile phone providers in the
United States. Unless something dramatic happens for Sprint (NYSE: S ) the
current third-place mobile provider, with a base of around 52 million
subscribers its possible the sole remaining players in the mobile telecom
business will be Verizon and AT&T. Can MetroPCS, Leap and their peers turn
things around? Possibly, but only if they reinvent their services. Smaller
telecoms could find safety in reorienting their business model around Web access
rather than phone services and using VoIP (voice over Internet protocol)
services like Microsoft -owned (NASDAQ: MSFT ) Skype for voice plans. Even then,
it would have to undercut AT&T and Verizon so heavily on price, for both service
and devices, that it might not be worth it. Welcome to the new mobile market. As
of this writing, Anthony John Agnello did not own a position in any of the
stocks named here. Follow him on Twitter at
Sides Form on Medco-Express Scripts Deal
The great thing about opinions is that everybody has one. And in the case of
the proposed acquisition of Medco (NYSE: MHS ) by its smaller rival Express
Scripts (NASDAQ: ESRX ), multiple views about the wisdom of the deal and its
likelihood of success dominate the conversation. The questions surrounding the
proposed $29 billion deal between the prescription benefit management companies
have broad implications for investors. One big unknown is whether the U.S.
government will OK the deal. After all, combining the two would create a company
involved in about a third of U.S. prescriptions worth more than $100 billion in
spending, according to Atlantic Information Services, a health care data firm.
As middlemen in the drug-supply chain, pharmacy-benefit managers (PBMs) play a
huge role in the countrys $300 billion-plus yearly spending on drugs. The U.S.
Federal Trade Commission is likely to put the deal under a microscope because of
concerns about anything that stands to drive up the cost of health care. The
third big PBM, CVS Caremark (NYSE: CVS ), already is under scrutiny as the FTC
is taking a close look at the company's business practices. This investigation
indicates the agency already is skeptical about the level of competition in the
PBM market, according to David Balto, a Washington antitrust lawyer and former
policy director at the FTC. Balto said Express Scripts and Medco "are in for a
big fight." Two pharmacy industry groups hope the FTC kills or modifies the
deal. The National Association of Chain Drug Stores and the National Community
Pharmacists Association are concerned the combined company would be too big to
play fair, and will have immense power to unfairly dominate the market. Health
care analyst John R. Graham thinks the government will bless the acquisition.
Graham, the Director of Health Care Studies at the Pacific Research Institute in
San Francisco, doesn't think the takeover will come close to the FTC's and
Department of Justice's threshold for concern. Graham also thinks the Obama
administration doesn't like competition and fragmentation in health care and
that a more concentrated PBM sector can be used to
the proposed acquisition of Medco (NYSE: MHS ) by its smaller rival Express
Scripts (NASDAQ: ESRX ), multiple views about the wisdom of the deal and its
likelihood of success dominate the conversation. The questions surrounding the
proposed $29 billion deal between the prescription benefit management companies
have broad implications for investors. One big unknown is whether the U.S.
government will OK the deal. After all, combining the two would create a company
involved in about a third of U.S. prescriptions worth more than $100 billion in
spending, according to Atlantic Information Services, a health care data firm.
As middlemen in the drug-supply chain, pharmacy-benefit managers (PBMs) play a
huge role in the countrys $300 billion-plus yearly spending on drugs. The U.S.
Federal Trade Commission is likely to put the deal under a microscope because of
concerns about anything that stands to drive up the cost of health care. The
third big PBM, CVS Caremark (NYSE: CVS ), already is under scrutiny as the FTC
is taking a close look at the company's business practices. This investigation
indicates the agency already is skeptical about the level of competition in the
PBM market, according to David Balto, a Washington antitrust lawyer and former
policy director at the FTC. Balto said Express Scripts and Medco "are in for a
big fight." Two pharmacy industry groups hope the FTC kills or modifies the
deal. The National Association of Chain Drug Stores and the National Community
Pharmacists Association are concerned the combined company would be too big to
play fair, and will have immense power to unfairly dominate the market. Health
care analyst John R. Graham thinks the government will bless the acquisition.
Graham, the Director of Health Care Studies at the Pacific Research Institute in
San Francisco, doesn't think the takeover will come close to the FTC's and
Department of Justice's threshold for concern. Graham also thinks the Obama
administration doesn't like competition and fragmentation in health care and
that a more concentrated PBM sector can be used to
Randgold Resources (GOLD) Showing Bullish Technicals But Could Fall Through $88.24 Support
Randgold Resources (GOLD) Showing Bullish Technicals But Could Fall Through
$88.24 Support Market Intelligence Center - 12 hours ago Randgold Resources
(NASDAQ:GOLD) closed Mondays up-and-down trading session at $89.97. In the past
year, the stock has hit a 52-week low of $70.18 and 52-week high of $106.44.
Randgold Resources ... RANDGOLD RESOURCES BULLISH MOVING AVERAGE CROSSOVER ALERT
(GOLD) - Zacks.com
$88.24 Support Market Intelligence Center - 12 hours ago Randgold Resources
(NASDAQ:GOLD) closed Mondays up-and-down trading session at $89.97. In the past
year, the stock has hit a 52-week low of $70.18 and 52-week high of $106.44.
Randgold Resources ... RANDGOLD RESOURCES BULLISH MOVING AVERAGE CROSSOVER ALERT
(GOLD) - Zacks.com
Todays gold prices per ounce spot gold price per gram Silver price per ounce kilo today; Gold for Cash Investing Money Profit Close
Gold price per ounce rates moved higher this trading session as did silver
price per ounce rates. Contract gold and silver prices both flourished as
investors decided to move towards safe havens after several major economic posts
skewed negative and diminished investor confidence in the economic recovery. The
GDP report on Friday was weaker than expected and then to open the week, the
manufacturing report was below expectations. Today, the consumer spending report
was weaker than anticipated. Even with the House and Senate passing the debt
deal and the President signing the bill into law, the major stock indices were
unable to rebound. The environment was ripe for safe havens and precious metals
pushed higher today. As close approached, contract gold for December delivery
was green by 1.41 percent or 22.80 and closed out at 1,644.50 per troy ounce.
Contract silver for September delivery pushed higher by 3.31 percent and posted
an electronic price of 40.61 per troy ounce. The one month change for gold is
positive by 9.12 percent. The one month change for silver is positive by 14.44
percent. At this point, spot gold and spot silver prices were moving in positive
territory. Spot gold price per gram by 1.20 at 53.25 and spot gold price per
kilo was higher by 1202.44 at 53254.50. Spot silver per kilo was green by 43.36
at 1309.82 and spot silver price per ounce was green by 1.44 at 40.74. Camillo
Zucari
price per ounce rates. Contract gold and silver prices both flourished as
investors decided to move towards safe havens after several major economic posts
skewed negative and diminished investor confidence in the economic recovery. The
GDP report on Friday was weaker than expected and then to open the week, the
manufacturing report was below expectations. Today, the consumer spending report
was weaker than anticipated. Even with the House and Senate passing the debt
deal and the President signing the bill into law, the major stock indices were
unable to rebound. The environment was ripe for safe havens and precious metals
pushed higher today. As close approached, contract gold for December delivery
was green by 1.41 percent or 22.80 and closed out at 1,644.50 per troy ounce.
Contract silver for September delivery pushed higher by 3.31 percent and posted
an electronic price of 40.61 per troy ounce. The one month change for gold is
positive by 9.12 percent. The one month change for silver is positive by 14.44
percent. At this point, spot gold and spot silver prices were moving in positive
territory. Spot gold price per gram by 1.20 at 53.25 and spot gold price per
kilo was higher by 1202.44 at 53254.50. Spot silver per kilo was green by 43.36
at 1309.82 and spot silver price per ounce was green by 1.44 at 40.74. Camillo
Zucari
Today’s Gold Prices; Spot Gold Price Per Gram Gold Price Per Ounce Today; Gold Investing Gold For Cash Mid-Day News
Gold Price per ounce rates were moving higher during the trading session today
amidst the negatively skewed economic reports that have been posting. Safe
havens like gold and silver contracts are notching higher this day as investors
on Wall Street attempt to process the weaker than expected economic reports
lately. Today, stocks were pushed lower by the consumer spending report that
revealed that spending was less. Consumer confidence is dropping and as a
result, spending is less. Many still fear that the economic recovery is not
moving along as it should and not growing at the rate that it should. The GDP
report that posted last week also portrayed this negative sentiment. The current
action in the marketplace is helping to fuel precious metal gold acquisition.
Gold futures hit another intraday high today at one point touching 1643.70 per
troy ounce. Currently, gold contract for December delivery is trading positively
by 1.25 percent at 1642.00 per troy ounce. Spot gold was moving in a positive
direction at this point as well. Spot gold price per gram was higher by .66 at
52.72 and spot gold price per kilo was higher by 663.27 at 52715.33. Gold prices
are flourishing as fears of an economic slowdown persist. Camillo Zucari
amidst the negatively skewed economic reports that have been posting. Safe
havens like gold and silver contracts are notching higher this day as investors
on Wall Street attempt to process the weaker than expected economic reports
lately. Today, stocks were pushed lower by the consumer spending report that
revealed that spending was less. Consumer confidence is dropping and as a
result, spending is less. Many still fear that the economic recovery is not
moving along as it should and not growing at the rate that it should. The GDP
report that posted last week also portrayed this negative sentiment. The current
action in the marketplace is helping to fuel precious metal gold acquisition.
Gold futures hit another intraday high today at one point touching 1643.70 per
troy ounce. Currently, gold contract for December delivery is trading positively
by 1.25 percent at 1642.00 per troy ounce. Spot gold was moving in a positive
direction at this point as well. Spot gold price per gram was higher by .66 at
52.72 and spot gold price per kilo was higher by 663.27 at 52715.33. Gold prices
are flourishing as fears of an economic slowdown persist. Camillo Zucari
Nasdaq 100 chart
+21% on the Nasdaq 100 This weeks SBV chart example is based on the 30-day
SBV(20) Nasdaq 100 chart and is continuation of the previous weeks chart example
published on July 1, 2011. Chart 1. Relationship between the SBV Oscillator and
index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30 min. SBV(20)
Detailed system description with explanation of used rules could be found in our
" SBV Trading System " tutorial. Table 1: Trades based on the 5-rule system.
Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2 Buy 2268 112
4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7 4/27/2011
Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011 Rule #4 Sell
Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell Short 2405
+12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385 5/09/2011 Rule #2
Buy 2384 +10 5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4 Sell Short 2390 -13
5/12/2011 Rule #2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short 2387 +47 5/18/2011
Rule #2 Buy 2340 +11 5/20/2011 Rule #4 Sell Short 2351 +36 5/23/2011 Rule #2 Buy
2315 -9 5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011 Rule #2 Buy 2313 +30
6/01/2011 Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy 2311 -15 6/03/2011
Rule #1 Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35 6/10/2011 Rule #1
Sell Short 2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011 Rule #4 Sell Short
2237 +35 6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4 Cash 2207 6/20/2011
Rule #4 Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35 6/22/2011 Rule #4 Sell
Short 2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011 Rule #5 Cash 2191
6/27/2011 Rule #2 Buy 2259 +134 7/08/2011 Rule #4 Sell Short 2393 +20.5% (+464
points) Disclaimer: The chart example is intended for educational purposes only
and does not constitute trading advice or make or imply any market trend
prediction.
SBV(20) Nasdaq 100 chart and is continuation of the previous weeks chart example
published on July 1, 2011. Chart 1. Relationship between the SBV Oscillator and
index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30 min. SBV(20)
Detailed system description with explanation of used rules could be found in our
" SBV Trading System " tutorial. Table 1: Trades based on the 5-rule system.
Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2 Buy 2268 112
4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7 4/27/2011
Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011 Rule #4 Sell
Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell Short 2405
+12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385 5/09/2011 Rule #2
Buy 2384 +10 5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4 Sell Short 2390 -13
5/12/2011 Rule #2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short 2387 +47 5/18/2011
Rule #2 Buy 2340 +11 5/20/2011 Rule #4 Sell Short 2351 +36 5/23/2011 Rule #2 Buy
2315 -9 5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011 Rule #2 Buy 2313 +30
6/01/2011 Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy 2311 -15 6/03/2011
Rule #1 Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35 6/10/2011 Rule #1
Sell Short 2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011 Rule #4 Sell Short
2237 +35 6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4 Cash 2207 6/20/2011
Rule #4 Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35 6/22/2011 Rule #4 Sell
Short 2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011 Rule #5 Cash 2191
6/27/2011 Rule #2 Buy 2259 +134 7/08/2011 Rule #4 Sell Short 2393 +20.5% (+464
points) Disclaimer: The chart example is intended for educational purposes only
and does not constitute trading advice or make or imply any market trend
prediction.
Todays DJIA Dow Jones Industrial Average Close DJI Nasdaq S&P 500 Stock Market Today Investing Money Profit News Closing Stock Trends
The major market index composites struggled today. The DJIA was red at the
mid-day point as were the Nasdaq and the S&P 500. The big news today was the
culmination of the debt deal vote. The House passed the bill and the Senate
followed up with their on passing vote today. The U.S. debt ceiling has been
raised and as President Obama signed the bill into law. The passage of the bill
resulted in a minor spike up for the Dow Jones trends, but poor economic posts
are still dragging the indices lower overall. Negative pressure was applied to
stock trends today due to the weaker than expected report on consumer spending.
The Commerce Department reported today that personal spending dropped by .2
percent. This was in contrast to the .1 percent rise the most economists were
expecting. This, paired with the hangover feeling stemming from last weeks GDP
report and yesterdays poor manufacturing report held indices lower on the day.
Investor confidence is still relatively low and fears persist regarding the
slowing economic recovery. Every additional economic post that skews negative is
another reinforcing factor that promotes investor anxieties. Trends were choppy
today as well and investors felt more apprehensive regarding riskier stock
options. Safe haven gold moved higher today and hit an intraday trading high.
Oil price per barrel moved higher this day as well. As the end of day close
finalized in the U.S. market, the Dow Jones Industrial Average was red by over
265 points to close out at 11,867. The Nasdaq was lower by over 75 points to
finish off at 2,699 and the S&P 500 was on the negative side of breakeven by
over 32 points to close out at 1,254. Frank Matto
mid-day point as were the Nasdaq and the S&P 500. The big news today was the
culmination of the debt deal vote. The House passed the bill and the Senate
followed up with their on passing vote today. The U.S. debt ceiling has been
raised and as President Obama signed the bill into law. The passage of the bill
resulted in a minor spike up for the Dow Jones trends, but poor economic posts
are still dragging the indices lower overall. Negative pressure was applied to
stock trends today due to the weaker than expected report on consumer spending.
The Commerce Department reported today that personal spending dropped by .2
percent. This was in contrast to the .1 percent rise the most economists were
expecting. This, paired with the hangover feeling stemming from last weeks GDP
report and yesterdays poor manufacturing report held indices lower on the day.
Investor confidence is still relatively low and fears persist regarding the
slowing economic recovery. Every additional economic post that skews negative is
another reinforcing factor that promotes investor anxieties. Trends were choppy
today as well and investors felt more apprehensive regarding riskier stock
options. Safe haven gold moved higher today and hit an intraday trading high.
Oil price per barrel moved higher this day as well. As the end of day close
finalized in the U.S. market, the Dow Jones Industrial Average was red by over
265 points to close out at 11,867. The Nasdaq was lower by over 75 points to
finish off at 2,699 and the S&P 500 was on the negative side of breakeven by
over 32 points to close out at 1,254. Frank Matto
Nasdaq Trading
+19% on the Nasdaq 100 This weeks SBV chart example is based on the 30-day
SBV(20) Nasdaq 100 chart and is continuation of the previous weeks chart example
published on July 8, 2011. Chart 1. Relationship between the SBV Oscillator and
index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30 min. SBV(20)
Detailed system description with explanation of used rules could be found in our
" SBV Trading System " tutorial. Table 1: Trades based on the 5-rule system.
Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2 Buy 2268 112
4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7 4/27/2011
Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011 Rule #4 Sell
Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell Short 2405
+12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385 5/09/2011 Rule #2
Buy 2384 +10 5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4 Sell Short 2390 -13
5/12/2011 Rule #2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short 2387 +47 5/18/2011
Rule #2 Buy 2340 +11 5/20/2011 Rule #4 Sell Short 2351 +36 5/23/2011 Rule #2 Buy
2315 -9 5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011 Rule #2 Buy 2313 +30
6/01/2011 Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy 2311 -15 6/03/2011
Rule #1 Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35 6/10/2011 Rule #1
Sell Short 2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011 Rule #4 Sell Short
2237 +35 6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4 Cash 2207 6/20/2011
Rule #4 Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35 6/22/2011 Rule #4 Sell
Short 2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011 Rule #5 Cash 2191
6/27/2011 Rule #2 Buy 2259 +134 7/08/2011 Rule #4 Sell Short 2393 +20 7/13/2011
Rule #2 Buy 2373 -49 7/14/2011 Rule #1 Sell Short 2324 -20 7/15/2011 Rule #2 Buy
2344 +12 +18.8% (+427 points) Disclaimer: The chart example is intended for
educational purposes only and does not constitute trading advice or make or
imply any market trend prediction.
SBV(20) Nasdaq 100 chart and is continuation of the previous weeks chart example
published on July 8, 2011. Chart 1. Relationship between the SBV Oscillator and
index reversal points. Nasdaq 100 index. 30-day view. 1 bar = 30 min. SBV(20)
Detailed system description with explanation of used rules could be found in our
" SBV Trading System " tutorial. Table 1: Trades based on the 5-rule system.
Time Motivation Signal Index Profit (points) 4/18/2011 Rule #2 Buy 2268 112
4/25/2011 Rule #4 Sell Short 2380 -22 4/26/2011 Rule #3 Buy 2402 -7 4/27/2011
Rule #4 Sell Short 2395 -9 4/28/2011 Rule #2 Buy 2404 -2 4/28/2011 Rule #4 Sell
Short 2402 -5 4/28/2011 Rule #2 Buy 2407 -2 4/29/2011 Rule #4 Sell Short 2405
+12 5/04/2011 Rule #2 Buy 2393 -8 5/06/2011 Rule #5 Cash 2385 5/09/2011 Rule #2
Buy 2384 +10 5/09/2011 Rule #5 Cash 2394 5/11/2011 Rule #4 Sell Short 2390 -13
5/12/2011 Rule #2 Buy 2403 -16 5/13/2011 Rule #4 Sell Short 2387 +47 5/18/2011
Rule #2 Buy 2340 +11 5/20/2011 Rule #4 Sell Short 2351 +36 5/23/2011 Rule #2 Buy
2315 -9 5/25/2011 Rule #1 Sell Short 2306 -7 5/25/2011 Rule #2 Buy 2313 +30
6/01/2011 Rule #1 Sell Short 2343 +32 6/03/2011 Rule #2 Buy 2311 -15 6/03/2011
Rule #1 Sell Short 2394 +133 6/09/2011 Rule #2 Buy 2261 -35 6/10/2011 Rule #1
Sell Short 2226 -1 6/13/2011 Rule #2 Buy 2227 +10 6/15/2011 Rule #4 Sell Short
2237 +35 6/17/2011 Rule #2 Buy 2202 -11 6/17/2011 Rule #4 Cash 2207 6/20/2011
Rule #4 Sell Short 2211 -4 6/21/2011 Rule #3 Buy 2246 +35 6/22/2011 Rule #4 Sell
Short 2234 +12 6/23/2011 Rule #1 Buy 2215 -19 6/24/2011 Rule #5 Cash 2191
6/27/2011 Rule #2 Buy 2259 +134 7/08/2011 Rule #4 Sell Short 2393 +20 7/13/2011
Rule #2 Buy 2373 -49 7/14/2011 Rule #1 Sell Short 2324 -20 7/15/2011 Rule #2 Buy
2344 +12 +18.8% (+427 points) Disclaimer: The chart example is intended for
educational purposes only and does not constitute trading advice or make or
imply any market trend prediction.
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