Gold and silver prices changed direction again and fell yesterday for the first
time since August 24th; crude oil prices continued to climb as they rose for the
third straight business days; natural gas spot price (Henry Hub) on the other
hand kept falling. Here is a summary of the price movements of precious metals
and energy commodities for August 29th: Precious Metals prices: Gold price
slightly declined yesterday by 0.32% to $1,791; Silver price also slightly fell
by 0.98% to $40.60. During August, gold prices increased by 9.8%, and silver
price by only 1.2%. The EURO to US Dollar exchange rate increased by 0.08% i.e.
the USD depreciated against the EURO. During August, the EURO to US Dollar
slightly rose by 0.78%. Oil and Gas prices: WTI Spot oil price inclined by
2.23%; it settled at $87.27 per barrel; during August, the WTI spot oil price
declined by 8.8%. Brent spot price also rose by 1.06% to $113.09 per barrel. Due
to these changes, the difference between Brent and WTI declined to $25.82/bbl.
Natural gas Henry Hub future price (September delivery) fell by 2.54% to
$3.83/mmbtu. The Henry Hub spot price also declined by 1.26% to $3.91/mmbtu; the
Monday, August 29, 2011
Allstate, Techs lead S&P 500 Gains
As investors were relieved by Hurricane Irene doing less damage than expected,
gains in insurance companies were leading the Standard & Poors 500 Index higher
by more than 18 points, a rise of around 1.6%, to over 1,195. Still down by more
than 4.6% for the year, the S&P is up more than 6.6% for the last week of
trading. Advancing stocks outnumbered those declining by more than 5-to-1.
Property insurer Allstate (NYSE: ALL ) was up more than 6%, picking up about
$1.50 per share to over $26. Allstate was upgraded by UBS on Aug. 11. However,
Allstate is down more than 10% for the month and 20% for the quarter. JDS
Uniphase (NASDAQ: JDSU ) was up more than 7%, about 80 cents, to over $12. The
entire tech sector was up in early-morning buying and selling as it is beginning
to recover on hopes of a stronger economy with possible help from the Fed. For
the past week, JDS Uniphase is up more than 13%. For the quarter, however, it is
down more than 40%. After being punished by Wall Street for disappointing
earnings, Micron Technology (NASDAQ: MU ) continued its recovery with a bump of
more than 30 cents this morning to about $6 a share, a gain of more than 5.6%.
Disappointing second-quarter earnings has Micron Technology down more than 43%
for the quarter and trading more than 34% below its 200-day moving average.
However, on Aug. 25, it received positive recommendations from Wedbush, Sterne
Agee and Barclays Capital. Monsanto (NYSE: MON ) was off around 4% to under $68
per share, dropping about 2.7%. Higher corn prices will increase costs for the
agricultural chemicals company. Monsanto is up more than 7% for the week and
more than 27% for the year. Newmont Mining (NYSE: NEM ) lost more than 34 cents
per share in early trading but recovered to trade flat around $62.17. Newmont is
up more than 3.4% for the week, 7% for the month and 10% for the quarter. Down
about 0.6% was NetApp (NASDAQ: NTAP ), shedding more than 20 cents to around
$36.30 per share. While up more than 1.6% for the past week on the rebound of
the tech sector, the data storage devices company is down more than 20% for the
month and 30% for the quarter. Jonathan Yates does not own any of the stocks
mentioned in this article.
gains in insurance companies were leading the Standard & Poors 500 Index higher
by more than 18 points, a rise of around 1.6%, to over 1,195. Still down by more
than 4.6% for the year, the S&P is up more than 6.6% for the last week of
trading. Advancing stocks outnumbered those declining by more than 5-to-1.
Property insurer Allstate (NYSE: ALL ) was up more than 6%, picking up about
$1.50 per share to over $26. Allstate was upgraded by UBS on Aug. 11. However,
Allstate is down more than 10% for the month and 20% for the quarter. JDS
Uniphase (NASDAQ: JDSU ) was up more than 7%, about 80 cents, to over $12. The
entire tech sector was up in early-morning buying and selling as it is beginning
to recover on hopes of a stronger economy with possible help from the Fed. For
the past week, JDS Uniphase is up more than 13%. For the quarter, however, it is
down more than 40%. After being punished by Wall Street for disappointing
earnings, Micron Technology (NASDAQ: MU ) continued its recovery with a bump of
more than 30 cents this morning to about $6 a share, a gain of more than 5.6%.
Disappointing second-quarter earnings has Micron Technology down more than 43%
for the quarter and trading more than 34% below its 200-day moving average.
However, on Aug. 25, it received positive recommendations from Wedbush, Sterne
Agee and Barclays Capital. Monsanto (NYSE: MON ) was off around 4% to under $68
per share, dropping about 2.7%. Higher corn prices will increase costs for the
agricultural chemicals company. Monsanto is up more than 7% for the week and
more than 27% for the year. Newmont Mining (NYSE: NEM ) lost more than 34 cents
per share in early trading but recovered to trade flat around $62.17. Newmont is
up more than 3.4% for the week, 7% for the month and 10% for the quarter. Down
about 0.6% was NetApp (NASDAQ: NTAP ), shedding more than 20 cents to around
$36.30 per share. While up more than 1.6% for the past week on the rebound of
the tech sector, the data storage devices company is down more than 20% for the
month and 30% for the quarter. Jonathan Yates does not own any of the stocks
mentioned in this article.
Top 10 Fastest-Growing Micro Cap Stocks: BONA, CKSW, ASYS, CVVT, ECHO, MERU, EPOC, SMBL, SUMR, MOVE (Aug 29, 2011)
Below are the top 10 fastest-growing Micro Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. Two Chinese
companies (BONA, CVVT) are on the list. Bona Film Group Ltd (ADR) (NASDAQ:BONA)
is the 1st fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 49.5%. This number is based on the average
estimate of 3 brokerage analyst(s). ClickSoftware Technologies Ltd.
(NASDAQ:CKSW) is the 2nd fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 37.7%. This number is based on
the average estimate of 3 brokerage analyst(s). Amtech Systems, Inc.
(NASDAQ:ASYS) is the 3rd fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 31.7%. This number is based on
the average estimate of 3 brokerage analyst(s). China Valves Technology, Inc.
(NASDAQ:CVVT) is the 4th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 31.7%. This number is based on
the average estimate of 3 brokerage analyst(s). Echo Global Logistics, Inc.
(NASDAQ:ECHO) is the 5th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 30.6%. This number is based on
the average estimate of 5 brokerage analyst(s). Meru Networks, Inc.
(NASDAQ:MERU) is the 6th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 28.3%. This number is based on
the average estimate of 3 brokerage analyst(s). Epocrates, Inc. (NASDAQ:EPOC) is
the 7th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 26.7%. This number is based on the average
estimate of 3 brokerage analyst(s). Smart Balance, Inc. (NASDAQ:SMBL) is the 8th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 26.7%. This number is based on the average estimate of
3 brokerage analyst(s). Summer Infant, Inc. (NASDAQ:SUMR) is the 9th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 26.3%. This number is based on the average estimate of
4 brokerage analyst(s). Move Inc. (NASDAQ:MOVE) is the 10th fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 25.0%. This number is based on the average estimate of 3 brokerage
analyst(s).
long-term earnings growth rate estimated by Wall Street analysts. Two Chinese
companies (BONA, CVVT) are on the list. Bona Film Group Ltd (ADR) (NASDAQ:BONA)
is the 1st fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 49.5%. This number is based on the average
estimate of 3 brokerage analyst(s). ClickSoftware Technologies Ltd.
(NASDAQ:CKSW) is the 2nd fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 37.7%. This number is based on
the average estimate of 3 brokerage analyst(s). Amtech Systems, Inc.
(NASDAQ:ASYS) is the 3rd fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 31.7%. This number is based on
the average estimate of 3 brokerage analyst(s). China Valves Technology, Inc.
(NASDAQ:CVVT) is the 4th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 31.7%. This number is based on
the average estimate of 3 brokerage analyst(s). Echo Global Logistics, Inc.
(NASDAQ:ECHO) is the 5th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 30.6%. This number is based on
the average estimate of 5 brokerage analyst(s). Meru Networks, Inc.
(NASDAQ:MERU) is the 6th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 28.3%. This number is based on
the average estimate of 3 brokerage analyst(s). Epocrates, Inc. (NASDAQ:EPOC) is
the 7th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 26.7%. This number is based on the average
estimate of 3 brokerage analyst(s). Smart Balance, Inc. (NASDAQ:SMBL) is the 8th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 26.7%. This number is based on the average estimate of
3 brokerage analyst(s). Summer Infant, Inc. (NASDAQ:SUMR) is the 9th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 26.3%. This number is based on the average estimate of
4 brokerage analyst(s). Move Inc. (NASDAQ:MOVE) is the 10th fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 25.0%. This number is based on the average estimate of 3 brokerage
analyst(s).
Giving Up On Gold? Try a Call-Option Spread
With equities catching a bid over the last few trading sessions, we've
unsurprisingly seen money flow out of the gold complex. Provided stocks continue
to bounce, the upside in gold mining stocks may be capped for the time being. A
look at the weekly chart of the Market Vectors Gold Miners (NYSE: GDX )
exchange-traded reveals a key resistance level looming closely overhead. In
anticipation of neutral to mildly bearish price action in this shiny ETF,
traders may consider selling September call spreads. The strike prices selected
will depend on the aggressiveness of the trader. I like the idea of selling
spreads just above the $64 resistance level, such as the September 65-70 call
spread. Entering the position consists of selling to open the 65 call while
buying to open the 70 call. Right now the spread can be sold for about a 60-cent
credit. The maximum reward is $60, and the maximum risk is $440. For a profit
target, traders should consider closing the spread if it can be bought back for
10 cents or less. If GDX successfully breaks the $64 resistance level, you may
want to close the position to minimize the loss. Source: MachTrader At the time
of this writing, Tyler Craig had no positions on GDX.
unsurprisingly seen money flow out of the gold complex. Provided stocks continue
to bounce, the upside in gold mining stocks may be capped for the time being. A
look at the weekly chart of the Market Vectors Gold Miners (NYSE: GDX )
exchange-traded reveals a key resistance level looming closely overhead. In
anticipation of neutral to mildly bearish price action in this shiny ETF,
traders may consider selling September call spreads. The strike prices selected
will depend on the aggressiveness of the trader. I like the idea of selling
spreads just above the $64 resistance level, such as the September 65-70 call
spread. Entering the position consists of selling to open the 65 call while
buying to open the 70 call. Right now the spread can be sold for about a 60-cent
credit. The maximum reward is $60, and the maximum risk is $440. For a profit
target, traders should consider closing the spread if it can be bought back for
10 cents or less. If GDX successfully breaks the $64 resistance level, you may
want to close the position to minimize the loss. Source: MachTrader At the time
of this writing, Tyler Craig had no positions on GDX.
Insurance Stocks Are Worth the Risk
Shares of many large property and casualty firms have been pounded this year
amid concerns about a never-ending series of natural disasters, including the
Japan earthquake and tsunami in March. The sell-off, which continued as
Hurricane Irene was set to pound the East Coast, is overdone. Many investors are
taking a shine to the sector today because the losses associated with Hurricane
Irene expected to hit $2.6 billion are nowhere near as bad as originally
projected. Wall Street, however, has otherwise not found much to like about
these companies, many of which have posted huge losses recently. It's easy to
see why. Catastrophes in the first quarter, such as the one in Japan and storms
and flooding in Australia, resulted in global losses to the industry of $60
billion , almost five times their 10-year average. Losses in the U.S. alone
reached $17.8 billion in the first half of the year, according to the Insurance
Information Institute. What many investors might not realize is the industry can
easily afford these disasters and others. As of the first quarter, auto, home
and business insurers had a combined surplus available to pay for premiums of
$564.7 billion, according to the III. The industry has the financial muscle to
afford calamities the size of both Hurricane Katrina ($45 billion in today's
dollars) and the Japanese earthquake and tsunami, where losses are expected to
be as much as $30 billion. Here are a few insurance stocks for investors to
consider adding to their portfolios. All have significant upside potential,
though some shares seem to be more fully valued than others. Many also pay
dividends. Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ), whose insurance
businesses include GEICO, is a bargain for those investors lucky enough to
afford the stock, which trades at a lofty price of more than $107,000. Shares of
the company are off more than 10% this year because of concerns about the
insurance business. Berkshire lost $828 million in the first six months of the
year from its insurance underwriting business. Berkshire's insurance float
net liabilities it assumes under insurance contracts as of June 30 was $71
billion, an increase of $5 billion since the end of last year. Berkshire, which
has nearly $50 billion in cash on its books, can afford to take the risk. For
what its worth, the average analyst price target on Berkshire stock is $133,000.
The stock trades at a premium multiple of 16.84. Hartford Financial Services
Group (NYSE: HIG ) shares also are dirt cheap, trading at a multiple of 5.07 .
The stock has dropped more than 30% this year, even accounting for today's
gain, on concerns about higher catastrophe and asbestos liabilities . Wall
Street is expecting the stock to make a huge comeback. Analysts' average
earnings price target is $32, well ahead of the $17.19 level where it recently
traded. Its dividend yield is 2.16%. Allstate (NYSE: ALL ) is down more than 23%
after the abrupt departure of one of its top executives and its continued
financial struggles. The company is not a basket case. Its second-quarter loss
of $620 million, or $1.19 per share, was better than Wall Street had expected .
Analysts have a price target of $36.50, well ahead of the $24.43 where Allstate
shares recently traded. The stock trades at a price-to-earnings multiple of 3.2,
and its dividend yield is 3.23%. The Travelers Cos. (NYSE: TRV ) shares are down
more than 10% this year. The lone insurer in the Dow Jones Industrial Average,
recently posted its first quarterly loss since 2004 because of a high number of
tornado claims. In response, Chairman and CEO Jay Fishman has cut back on share
buybacks. Wall Street analysts believe the stock will make a comeback. Their
average price target is $66, well above the $50.48 where it recently traded. It
trades at a multiple of 11.14 based on current-year estimates. This is the least
attractive of the stocks based on valuation. Its divided yield is 3.24%.
Jonathan Berr does not own shares of the companies listed. Follow him on Twitter
at @jdberr.
amid concerns about a never-ending series of natural disasters, including the
Japan earthquake and tsunami in March. The sell-off, which continued as
Hurricane Irene was set to pound the East Coast, is overdone. Many investors are
taking a shine to the sector today because the losses associated with Hurricane
Irene expected to hit $2.6 billion are nowhere near as bad as originally
projected. Wall Street, however, has otherwise not found much to like about
these companies, many of which have posted huge losses recently. It's easy to
see why. Catastrophes in the first quarter, such as the one in Japan and storms
and flooding in Australia, resulted in global losses to the industry of $60
billion , almost five times their 10-year average. Losses in the U.S. alone
reached $17.8 billion in the first half of the year, according to the Insurance
Information Institute. What many investors might not realize is the industry can
easily afford these disasters and others. As of the first quarter, auto, home
and business insurers had a combined surplus available to pay for premiums of
$564.7 billion, according to the III. The industry has the financial muscle to
afford calamities the size of both Hurricane Katrina ($45 billion in today's
dollars) and the Japanese earthquake and tsunami, where losses are expected to
be as much as $30 billion. Here are a few insurance stocks for investors to
consider adding to their portfolios. All have significant upside potential,
though some shares seem to be more fully valued than others. Many also pay
dividends. Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ), whose insurance
businesses include GEICO, is a bargain for those investors lucky enough to
afford the stock, which trades at a lofty price of more than $107,000. Shares of
the company are off more than 10% this year because of concerns about the
insurance business. Berkshire lost $828 million in the first six months of the
year from its insurance underwriting business. Berkshire's insurance float
net liabilities it assumes under insurance contracts as of June 30 was $71
billion, an increase of $5 billion since the end of last year. Berkshire, which
has nearly $50 billion in cash on its books, can afford to take the risk. For
what its worth, the average analyst price target on Berkshire stock is $133,000.
The stock trades at a premium multiple of 16.84. Hartford Financial Services
Group (NYSE: HIG ) shares also are dirt cheap, trading at a multiple of 5.07 .
The stock has dropped more than 30% this year, even accounting for today's
gain, on concerns about higher catastrophe and asbestos liabilities . Wall
Street is expecting the stock to make a huge comeback. Analysts' average
earnings price target is $32, well ahead of the $17.19 level where it recently
traded. Its dividend yield is 2.16%. Allstate (NYSE: ALL ) is down more than 23%
after the abrupt departure of one of its top executives and its continued
financial struggles. The company is not a basket case. Its second-quarter loss
of $620 million, or $1.19 per share, was better than Wall Street had expected .
Analysts have a price target of $36.50, well ahead of the $24.43 where Allstate
shares recently traded. The stock trades at a price-to-earnings multiple of 3.2,
and its dividend yield is 3.23%. The Travelers Cos. (NYSE: TRV ) shares are down
more than 10% this year. The lone insurer in the Dow Jones Industrial Average,
recently posted its first quarterly loss since 2004 because of a high number of
tornado claims. In response, Chairman and CEO Jay Fishman has cut back on share
buybacks. Wall Street analysts believe the stock will make a comeback. Their
average price target is $66, well above the $50.48 where it recently traded. It
trades at a multiple of 11.14 based on current-year estimates. This is the least
attractive of the stocks based on valuation. Its divided yield is 3.24%.
Jonathan Berr does not own shares of the companies listed. Follow him on Twitter
at @jdberr.
Top 10 Fastest-Growing Small Cap Stocks: MMYT, DANG, RLOC, CTCT, CSOD, XUE, TLEO, QCOR, ZOLL, OPEN (Aug 29, 2011)
Below are the top 10 fastest-growing Small Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. Two Chinese
companies (DANG, XUE) are on the list. MakeMyTrip Limited (NASDAQ:MMYT) is the
1st fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 82.7%. This number is based on the average estimate
of 4 brokerage analyst(s). E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is
the 2nd fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 58.8%. This number is based on the average
estimate of 4 brokerage analyst(s). ReachLocal Inc. (NASDAQ:RLOC) is the 3rd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 46.7%. This number is based on the average estimate of
3 brokerage analyst(s). Constant Contact, Inc. (NASDAQ:CTCT) is the 4th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 45.0%. This number is based on the average estimate of
4 brokerage analyst(s). Cornerstone OnDemand, Inc. (NASDAQ:CSOD) is the 5th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 43.3%. This number is based on the average estimate of
3 brokerage analyst(s). Xueda Education Group (ADR) (NYSE:XUE) is the 6th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 41.4%. This number is based on the average estimate of
3 brokerage analyst(s). Taleo Corporation (NASDAQ:TLEO) is the 7th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.5%. This number is based on the average estimate of
6 brokerage analyst(s). Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is the 8th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 39.7%. This number is based on the average estimate of
3 brokerage analyst(s). ZOLL Medical Corporation (NASDAQ:ZOLL) is the 9th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 39.3%. This number is based on the average estimate of
4 brokerage analyst(s). OpenTable Inc (NASDAQ:OPEN) is the 10th fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 36.7%. This number is based on the average estimate of 6 brokerage
analyst(s).
long-term earnings growth rate estimated by Wall Street analysts. Two Chinese
companies (DANG, XUE) are on the list. MakeMyTrip Limited (NASDAQ:MMYT) is the
1st fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 82.7%. This number is based on the average estimate
of 4 brokerage analyst(s). E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is
the 2nd fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 58.8%. This number is based on the average
estimate of 4 brokerage analyst(s). ReachLocal Inc. (NASDAQ:RLOC) is the 3rd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 46.7%. This number is based on the average estimate of
3 brokerage analyst(s). Constant Contact, Inc. (NASDAQ:CTCT) is the 4th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 45.0%. This number is based on the average estimate of
4 brokerage analyst(s). Cornerstone OnDemand, Inc. (NASDAQ:CSOD) is the 5th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 43.3%. This number is based on the average estimate of
3 brokerage analyst(s). Xueda Education Group (ADR) (NYSE:XUE) is the 6th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 41.4%. This number is based on the average estimate of
3 brokerage analyst(s). Taleo Corporation (NASDAQ:TLEO) is the 7th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.5%. This number is based on the average estimate of
6 brokerage analyst(s). Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is the 8th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 39.7%. This number is based on the average estimate of
3 brokerage analyst(s). ZOLL Medical Corporation (NASDAQ:ZOLL) is the 9th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 39.3%. This number is based on the average estimate of
4 brokerage analyst(s). OpenTable Inc (NASDAQ:OPEN) is the 10th fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 36.7%. This number is based on the average estimate of 6 brokerage
analyst(s).
Daily News and Research on Chinese Stocks (Aug 29, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below is today's Daily News and Research on U.S.-Listed Chinese Stocks : BIDU : Has Priceline's Trend Been Broken? – at Minyanville (Mon 2:30PM EDT) BIDU : Analyst Moves: PFE, SO, BIDU – at Forbes (Mon 2:02PM EDT) CHL : How to Watch the Market – at SmartMoney (Mon 12:48PM EDT) CSUN JASO STP YGE : This Just In: More Upgrades and Downgrades – at Motley Fool (Mon 12:13PM EDT) CTRP : Bernanke Says Traveling Cheaply Will Be 'In' For At Least Two More Years – at Seeking Alpha (Mon 12:10PM EDT) CYOU SOHU : China's Sohu Surges on Shares Repurchase Plan for Game Unit – at Bloomberg (Mon 10:48AM EDT) DANG QIHU RENN YOKU : A Chinese Technology IPO That's Actually Earning Money – at Motley Fool (Mon 12:53PM EDT) GA : Top 10 list of unusual option activity – optionMONSTER (Mon 11:34AM EDT) HRBN : Volatility buyers stick with Harbin – optionMONSTER (Mon 11:14AM EDT) JASO LDK STP TSL : UPDATE 3-LDK Solar sees price recovery in second half – at Reuters (Mon 11:44AM EDT) LDK : [$$] LDK Solar Swings to Loss – at The Wall Street Journal (Mon 1:56PM EDT) LDK : US STOCKS-Wall St up 2 pct in broad rally, financials lead – at Reuters (Mon 1:32PM EDT) LDK STP : First Solar Looks For Gains With Indian Solar Auction – at Forbes (Mon 1:28PM EDT) LFT : Longtop receives notice from US SEC – at Financial Times (Mon 1:51PM EDT) LIWA : My Case for Going Short on China's Lihua – at TheStreet (Mon 10:29AM EDT) MPEL : [video] Irene's Impact on Casinos – CNBC (Mon 12:30PM EDT) MPEL : [video] Irene's Impact on Casinos – at CNBC (Mon 10:42AM EDT) NOAH : Noah Holdings Shares Got Temporarily Crushed: What You Need to Know – at Motley Fool (Mon 12:28PM EDT) PTR SNP : Chevron (CVX) Seen As A High-quality Company With Significant Exposure To The Asian LNG Market; Oil And Gas Expert Identifies His Top Sector Picks In An Exclusive Interview – Wall Street Transcript (Mon 11:10AM EDT) QIHU : 5 Superball Stocks – at Motley Fool (Mon 11:13AM EDT) SHI : $25 Thousand An Acre In $3.5 Billion Buyout Of Property Owned By Hilcorp Resources; Sets A New High Watermark For The Eagle Ford Shale – Wall Street Transcript (Mon 11:03AM EDT) SINA : UPDATE 1-Sina reveals 9 pct stake in Tudou Holdings – at Reuters (Mon 12:37PM EDT) STP : Richard Driehaus' Top Stock Picks – at Seeking Alpha (Mon 11:05AM EDT)
John McClintock: Gold Producers Riding the Risk Trade
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea John McClintock: Gold Producers Riding the Risk Trade NASDAQ – 2 hours ago With the price of gold soaring to over $1,900 an ounce and investors abandoning equities for commodities, John McClintock, equity research analyst at Mackie Research Capital, sees gold mining …
Randgold Resources
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Randgold Resources Investor’s Business Daily – 36 minutes ago Randgold Resources ( GOLD ) revised down its 2011 production forecast to 740,000-760,000 ounces from 750,000-790,000 ounces after heavy rainfall curbed production at its mining ops in Mali. Shares …
Strong Pockets are Ready to Buy Gold Anywhere Under $1,750
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1788.40 Change : (5.70) or -0.3% Silver Price Close Today : 40.546 Change : (0.406) or -1.0% Gold Silver Ratio Today : 44.11 Change : 0.298 or 0.7% Silver Gold Ratio Today : 0.02267 Change : -0.000154 or -0.7% Platinum Price Close Today : 1824.00 Change : -8.70 or -0.5% Palladium Price Close Today : 756.15 Change : -5.85 or -0.8% S&P 500 : 1,210.08 Change : 33.28 or 2.8% Dow In GOLD$ : $133.38 Change : $ 3.37 or 2.6% Dow in GOLD oz : 6.452 Change : 0.163 or 2.6% Dow in SILVER oz : 284.60 Change : 9.04 or 3.3% Dow Industrial : 11,539.25 Change : 254.71 or 2.3% US Dollar Index : 73.69 Change : -1.010 or -1.4% The GOLD PRICE backed off last Friday’s panic/euphoria and fell $5.70 on Comex to close at $1,788.40, still above crucial $1,750 support. Last week’s double key reversals still scream that very strong pockets are ready to buy gold anywhere under $1,750, and the closer it gets to $1,700, the deeper they dig in their pockets. Short term support now stands at $1,775: any nose-poke below that will carry gold to $1,750. Up above $1,800, $1,825, and $1,850 place barriers to any rise. Maybe that tumble last Wednesday marked the top of gold’s rally- or maybe NOT. Gold will tell us this week. What you are watching is the Nice Government Men trying to transmogrify a raging panic into a “slow burn panic.” Not as exciting, but lasts longer. Today the SILVER PRICE traded in a range between 4135c and 4028c. Comex dropped off 40.6c. The SILVER PRICE has traced out a range between 4150c and 4000c. It may be rolling over to the downside, but has to break 4000c first, and fight a tough battle to sink through all that support between 4000c and 3880c In both SILVER and GOLD PRICES we may be entering another frustrating trading range period like the one from 1 May through mid-July. If we are watching a correction, then the GOLD PRICE will target its 50 DMA ($1,644) and silver it’s 200 DMA (now 3488c). This week will instruct us. Gold/Silver ratio rose again to 44.108, near the range top. That whispers trouble for silver, but rising stocks (rising risk appetite) whispers sweet dreams for silver. Picture simply isn’t clear yet. I hope all y’all on the east coast survived the hurricane well and sound. Meanwhile, storms continue to blow through markets. Dow today broke through 11,300 resistance to close at 11,539.25, up 254.71 or 2.26%. S&P500 rose more, 33.28 points (4.75%) to 1,210.08. This brings the Dow up to the mid-August intraday high at 11,529.67, and clears the 20 day moving average at 11,260, but remains far below the 200 DMA at 11,988. Next resistance comes at 11,862.53, intraday low in June. But greater resistance lurks between 11,900 and 12,100. By no means am I convinced that stocks are about to shoot for the moon. Rather, the Dow might just as easily collapse again at 11,550/11,600 and resume its fall. Either it is now bumping up along the bottom of the Jaws of Death megaphone formation, or it will rise to the neckline of the Head and Shoulders top around 12,000. Either way, bodacious new prices lie not in its future. Stocks — the Ghost of Christmas Past visiting you in your sleep. US DOLLAR INDEX dropped a nothing 10.1 basis points (0.13%), and remains in its tight trading range. Must violate 73.40 to move lower. In Europe today they were smoking more crack. How do I know? The Euro rose to a new high for the move at 1.4506, up 0.06%, but remains range bound. If it ever breaks out upside, it might be tomorrow. Nothing has changed in the Hall of Illusions. Yen finally dropped a bit, down 0.28% at 130.09c/Y100 (Y76.87/$). 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.
Strong Pockets are Ready to Buy Gold Anywhere Under $1,750
Gold Price Close Today : 1788.40 Change : (5.70) or -0.3% Silver Price Close
Today : 40.546 Change : (0.406) or -1.0% Gold Silver Ratio Today : 44.11 Change
: 0.298 or 0.7% Silver Gold Ratio Today : 0.02267 Change : -0.000154 or -0.7%
Platinum Price Close Today : 1824.00 Change : -8.70 or -0.5% Palladium Price
Close Today : 756.15 Change : -5.85 or -0.8% S&P 500 : 1,210.08 Change : 33.28
or 2.8% Dow In GOLD$ : $133.38 Change : $ 3.37 or 2.6% Dow in GOLD oz : 6.452
Change : 0.163 or 2.6% Dow in SILVER oz : 284.60 Change : 9.04 or 3.3% Dow
Industrial : 11,539.25 Change : 254.71 or 2.3% US Dollar Index : 73.69 Change :
-1.010 or -1.4% The GOLD PRICE backed off last Friday's panic/euphoria and fell
$5.70 on Comex to close at $1,788.40, still above crucial $1,750 support. Last
week's double key reversals still scream that very strong pockets are ready to
buy gold anywhere under $1,750, and the closer it gets to $1,700, the deeper
they dig in their pockets. Short term support now stands at $1,775: any
nose-poke below that will carry gold to $1,750. Up above $1,800, $1,825, and
$1,850 place barriers to any rise. Maybe that tumble last Wednesday marked the
top of gold's rally- or maybe NOT. Gold will tell us this week. What you are
watching is the Nice Government Men trying to transmogrify a raging panic into a
"slow burn panic." Not as exciting, but lasts longer. Today the SILVER PRICE
traded in a range between 4135c and 4028c. Comex dropped off 40.6c. The SILVER
PRICE has traced out a range between 4150c and 4000c. It may be rolling over to
the downside, but has to break 4000c first, and fight a tough battle to sink
through all that support between 4000c and 3880c In both SILVER and GOLD PRICES
we may be entering another frustrating trading range period like the one from 1
May through mid-July. If we are watching a correction, then the GOLD PRICE will
target its 50 DMA ($1,644) and silver it's 200 DMA (now 3488c). This week will
instruct us. Gold/Silver ratio rose again to 44.108, near the range top. That
whispers trouble for silver, but rising stocks (rising risk appetite) whispers
sweet dreams for silver. Picture simply isn't clear yet. I hope all y'all on the
east coast survived the hurricane well and sound. Meanwhile, storms continue to
blow through markets. Dow today broke through 11,300 resistance to close at
11,539.25, up 254.71 or 2.26%. S&P500 rose more, 33.28 points (4.75%) to
1,210.08. This brings the Dow up to the mid-August intraday high at 11,529.67,
and clears the 20 day moving average at 11,260, but remains far below the 200
DMA at 11,988. Next resistance comes at 11,862.53, intraday low in June. But
greater resistance lurks between 11,900 and 12,100. By no means am I convinced
that stocks are about to shoot for the moon. Rather, the Dow might just as
easily collapse again at 11,550/11,600 and resume its fall. Either it is now
bumping up along the bottom of the Jaws of Death megaphone formation, or it will
rise to the neckline of the Head and Shoulders top around 12,000. Either way,
bodacious new prices lie not in its future. Stocks -- the Ghost of Christmas
Past visiting you in your sleep. US DOLLAR INDEX dropped a nothing 10.1 basis
points (0.13%), and remains in its tight trading range. Must violate 73.40 to
move lower. In Europe today they were smoking more crack. How do I know? The
Euro rose to a new high for the move at 1.4506, up 0.06%, but remains range
bound. If it ever breaks out upside, it might be tomorrow. Nothing has changed
in the Hall of Illusions. Yen finally dropped a bit, down 0.28% at 130.09c/Y100
(Y76.87/$). 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$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures.
Today : 40.546 Change : (0.406) or -1.0% Gold Silver Ratio Today : 44.11 Change
: 0.298 or 0.7% Silver Gold Ratio Today : 0.02267 Change : -0.000154 or -0.7%
Platinum Price Close Today : 1824.00 Change : -8.70 or -0.5% Palladium Price
Close Today : 756.15 Change : -5.85 or -0.8% S&P 500 : 1,210.08 Change : 33.28
or 2.8% Dow In GOLD$ : $133.38 Change : $ 3.37 or 2.6% Dow in GOLD oz : 6.452
Change : 0.163 or 2.6% Dow in SILVER oz : 284.60 Change : 9.04 or 3.3% Dow
Industrial : 11,539.25 Change : 254.71 or 2.3% US Dollar Index : 73.69 Change :
-1.010 or -1.4% The GOLD PRICE backed off last Friday's panic/euphoria and fell
$5.70 on Comex to close at $1,788.40, still above crucial $1,750 support. Last
week's double key reversals still scream that very strong pockets are ready to
buy gold anywhere under $1,750, and the closer it gets to $1,700, the deeper
they dig in their pockets. Short term support now stands at $1,775: any
nose-poke below that will carry gold to $1,750. Up above $1,800, $1,825, and
$1,850 place barriers to any rise. Maybe that tumble last Wednesday marked the
top of gold's rally- or maybe NOT. Gold will tell us this week. What you are
watching is the Nice Government Men trying to transmogrify a raging panic into a
"slow burn panic." Not as exciting, but lasts longer. Today the SILVER PRICE
traded in a range between 4135c and 4028c. Comex dropped off 40.6c. The SILVER
PRICE has traced out a range between 4150c and 4000c. It may be rolling over to
the downside, but has to break 4000c first, and fight a tough battle to sink
through all that support between 4000c and 3880c In both SILVER and GOLD PRICES
we may be entering another frustrating trading range period like the one from 1
May through mid-July. If we are watching a correction, then the GOLD PRICE will
target its 50 DMA ($1,644) and silver it's 200 DMA (now 3488c). This week will
instruct us. Gold/Silver ratio rose again to 44.108, near the range top. That
whispers trouble for silver, but rising stocks (rising risk appetite) whispers
sweet dreams for silver. Picture simply isn't clear yet. I hope all y'all on the
east coast survived the hurricane well and sound. Meanwhile, storms continue to
blow through markets. Dow today broke through 11,300 resistance to close at
11,539.25, up 254.71 or 2.26%. S&P500 rose more, 33.28 points (4.75%) to
1,210.08. This brings the Dow up to the mid-August intraday high at 11,529.67,
and clears the 20 day moving average at 11,260, but remains far below the 200
DMA at 11,988. Next resistance comes at 11,862.53, intraday low in June. But
greater resistance lurks between 11,900 and 12,100. By no means am I convinced
that stocks are about to shoot for the moon. Rather, the Dow might just as
easily collapse again at 11,550/11,600 and resume its fall. Either it is now
bumping up along the bottom of the Jaws of Death megaphone formation, or it will
rise to the neckline of the Head and Shoulders top around 12,000. Either way,
bodacious new prices lie not in its future. Stocks -- the Ghost of Christmas
Past visiting you in your sleep. US DOLLAR INDEX dropped a nothing 10.1 basis
points (0.13%), and remains in its tight trading range. Must violate 73.40 to
move lower. In Europe today they were smoking more crack. How do I know? The
Euro rose to a new high for the move at 1.4506, up 0.06%, but remains range
bound. If it ever breaks out upside, it might be tomorrow. Nothing has changed
in the Hall of Illusions. Yen finally dropped a bit, down 0.28% at 130.09c/Y100
(Y76.87/$). 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.
Top 10 Fastest-Growing Mid-Cap Stocks: LNKD, TXT, UTHR, CPN, CXO, YOKU, BEXP, COG, QLIK, ATHN (Aug 29, 2011)
Below are the top 10 fastest-growing Mid-Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (YOKU) is on the list. Linkedin Corporation (NYSE:LNKD) is the 1st
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 87.8%. This number is based on the average estimate of
4 brokerage analyst(s). Textron Inc. (NYSE:TXT) is the 2nd fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
58.1%. This number is based on the average estimate of 4 brokerage analyst(s).
United Therapeutics Corporation (NASDAQ:UTHR) is the 3rd fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
56.4%. This number is based on the average estimate of 8 brokerage analyst(s).
Calpine Corporation (NYSE:CPN) is the 4th fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 53.8%. This
number is based on the average estimate of 3 brokerage analyst(s). Concho
Resources Inc. (NYSE:CXO) is the 5th fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 47.8%. This number
is based on the average estimate of 5 brokerage analyst(s). Youku.com Inc (ADR)
(NYSE:YOKU) is the 6th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 45.0%. This number is based on the
average estimate of 3 brokerage analyst(s). Brigham Exploration Company
(NASDAQ:BEXP) is the 7th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 41.0%. This number is based on
the average estimate of 4 brokerage analyst(s). Cabot Oil & Gas Corporation
(NYSE:COG) is the 8th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 40.3%. This number is based on the
average estimate of 3 brokerage analyst(s). Qlik Technologies Inc (NASDAQ:QLIK)
is the 9th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 38.3%. This number is based on the average
estimate of 3 brokerage analyst(s). athenahealth, Inc (NASDAQ:ATHN) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 35.4%. This number is based on the average estimate of
8 brokerage analyst(s).
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (YOKU) is on the list. Linkedin Corporation (NYSE:LNKD) is the 1st
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 87.8%. This number is based on the average estimate of
4 brokerage analyst(s). Textron Inc. (NYSE:TXT) is the 2nd fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
58.1%. This number is based on the average estimate of 4 brokerage analyst(s).
United Therapeutics Corporation (NASDAQ:UTHR) is the 3rd fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
56.4%. This number is based on the average estimate of 8 brokerage analyst(s).
Calpine Corporation (NYSE:CPN) is the 4th fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 53.8%. This
number is based on the average estimate of 3 brokerage analyst(s). Concho
Resources Inc. (NYSE:CXO) is the 5th fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 47.8%. This number
is based on the average estimate of 5 brokerage analyst(s). Youku.com Inc (ADR)
(NYSE:YOKU) is the 6th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 45.0%. This number is based on the
average estimate of 3 brokerage analyst(s). Brigham Exploration Company
(NASDAQ:BEXP) is the 7th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 41.0%. This number is based on
the average estimate of 4 brokerage analyst(s). Cabot Oil & Gas Corporation
(NYSE:COG) is the 8th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 40.3%. This number is based on the
average estimate of 3 brokerage analyst(s). Qlik Technologies Inc (NASDAQ:QLIK)
is the 9th fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 38.3%. This number is based on the average
estimate of 3 brokerage analyst(s). athenahealth, Inc (NASDAQ:ATHN) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 35.4%. This number is based on the average estimate of
8 brokerage analyst(s).
Big Lots — 3 Pros, 3 Cons
In a volatile year, the deep-discount retailers have been solid performers. In
fact, these companies have attracted big-time investors like Berkshire
Hathaway's (NYSE: BRKA ) Warren Buffett and Pershing Square's Bill Ackman.
Yet one stock in the group has been a laggard – Big Lots (NYSE: BIG ). So far
this year, its shares are up only about 6%. Can the company get some more
momentum, or is it better to focus on the rivals? Let's take a look at the
pros and cons: Pros Business model. Big Lots sells mostly closeout merchandise,
such as apparel, furniture, toys, consumables and electronics. As a result, the
company can offer substantial discounts. Canada. Big Lots recently purchased
Liquidation World, which is now called Big Lots Canada. This is a chain of 90
stores that focus primarily on closeout and liquidation products. But it has
struggled over the years, so Big Lots is in the early stages of a turnaround.
The company is changing the merchandise, store format and marketing strategies.
If successful, it could provide a nice boost to growth over the next couple
years. Expense management. Big Lots continues to make inroads in finding cost
savings. The main categories include store payroll, better energy management,
lower insurance rates and smaller bonuses. Big Lots is also doing well with
keeping its inventory at reasonable levels. Cons Commodities. Raw materials
costs continue to be a drag on Big Lots. However, the biggest item – fuel –
may be getting cheaper. But again, the prices can be volatile. Markdowns. While
Big Lots has a top-notch purchasing team, there are still risks. By relying on
bulk purchases, there could be situations when Big Lots gets stuck with
unsellable inventory. Keep in mind that there are long lead times on purchases
because of its reliance on imports. Competition. The deep-discount market is
crowded. Some of the direct competitors include Dollar General (NYSE: DG ) and
99 Cents Only. But there is also pressure from the big-box companies like
Wal-Mart (NYSE: WMT ), Target (NYSE: TGT ) and Costco (NASDAQ: COST ). Verdict
Big Lots has many advantages, including strong relationships with brand vendors,
a compelling low-cost business model and a growing web site (a big help has been
the Buzz Club Rewards program). There should also be growth from the new
Canadian operation. But the big drivers include the continued stagnation in the
U.S. economy. In other words, consumers are likely to flock to operators like
Big Lots. Big Lots also has been aggressive with share buybacks. In fact, there
have been $313 million in repurchases for 2011, which represent 13% of the
outstanding stock. When looking at all these factors, the pros outweigh the cons
on the stock. Tom Taulli is the author of various books, including " All About
Commodities ." He does not own a position in any of the stocks named here.
fact, these companies have attracted big-time investors like Berkshire
Hathaway's (NYSE: BRKA ) Warren Buffett and Pershing Square's Bill Ackman.
Yet one stock in the group has been a laggard – Big Lots (NYSE: BIG ). So far
this year, its shares are up only about 6%. Can the company get some more
momentum, or is it better to focus on the rivals? Let's take a look at the
pros and cons: Pros Business model. Big Lots sells mostly closeout merchandise,
such as apparel, furniture, toys, consumables and electronics. As a result, the
company can offer substantial discounts. Canada. Big Lots recently purchased
Liquidation World, which is now called Big Lots Canada. This is a chain of 90
stores that focus primarily on closeout and liquidation products. But it has
struggled over the years, so Big Lots is in the early stages of a turnaround.
The company is changing the merchandise, store format and marketing strategies.
If successful, it could provide a nice boost to growth over the next couple
years. Expense management. Big Lots continues to make inroads in finding cost
savings. The main categories include store payroll, better energy management,
lower insurance rates and smaller bonuses. Big Lots is also doing well with
keeping its inventory at reasonable levels. Cons Commodities. Raw materials
costs continue to be a drag on Big Lots. However, the biggest item – fuel –
may be getting cheaper. But again, the prices can be volatile. Markdowns. While
Big Lots has a top-notch purchasing team, there are still risks. By relying on
bulk purchases, there could be situations when Big Lots gets stuck with
unsellable inventory. Keep in mind that there are long lead times on purchases
because of its reliance on imports. Competition. The deep-discount market is
crowded. Some of the direct competitors include Dollar General (NYSE: DG ) and
99 Cents Only. But there is also pressure from the big-box companies like
Wal-Mart (NYSE: WMT ), Target (NYSE: TGT ) and Costco (NASDAQ: COST ). Verdict
Big Lots has many advantages, including strong relationships with brand vendors,
a compelling low-cost business model and a growing web site (a big help has been
the Buzz Club Rewards program). There should also be growth from the new
Canadian operation. But the big drivers include the continued stagnation in the
U.S. economy. In other words, consumers are likely to flock to operators like
Big Lots. Big Lots also has been aggressive with share buybacks. In fact, there
have been $313 million in repurchases for 2011, which represent 13% of the
outstanding stock. When looking at all these factors, the pros outweigh the cons
on the stock. Tom Taulli is the author of various books, including " All About
Commodities ." He does not own a position in any of the stocks named here.
John McClintock: Gold Producers Riding the Risk Trade
John McClintock: Gold Producers Riding the Risk Trade NASDAQ - 2 hours ago With
the price of gold soaring to over $1,900 an ounce and investors abandoning
equities for commodities, John McClintock, equity research analyst at Mackie
Research Capital, sees gold mining ...
the price of gold soaring to over $1,900 an ounce and investors abandoning
equities for commodities, John McClintock, equity research analyst at Mackie
Research Capital, sees gold mining ...
Randgold Resources
Randgold Resources Investor's Business Daily - 36 minutes ago Randgold
Resources (GOLD) revised down its 2011 production forecast to 740,000-760,000
ounces from 750,000-790,000 ounces after heavy rainfall curbed production at its
mining ops in Mali. Shares ...
Resources (GOLD) revised down its 2011 production forecast to 740,000-760,000
ounces from 750,000-790,000 ounces after heavy rainfall curbed production at its
mining ops in Mali. Shares ...
Monday Apple Rumors: No More 99-Cent Rentals
Here are your Apple news items and rumors for Monday: No More 99-Cent Rentals:
Viacom (NYSE: VIA ), News Corp. (NASDAQ: NWS ) and Disney (NYSE: DIS ) were
among those television companies that fumed and roared when Apple (NASDAQ: AAPL
) introduced 99-cent TV show rentals to the iTunes store in 2010. Those
companies and others threatened to yank their wares off of Apples digital
distribution outlet, claiming the Cupertino, Calif.-based company was devaluing
television content on the Internet even further than it already had been. Almost
one year later, and Apple has yanked the 99-cent rentals from iTunes of its own
accord. Apple spokesman Tom Neumayr told All Things Digital on Friday, iTunes
customers have shown they overwhelmingly prefer buying TV shows. It is more
likely that the low-cost rentals were ended not because customers were more
intent on purchasing, but because of Apples steady preparation for opening a
streaming video service to compete with Netflix (NASDAQ: NFLX ). Samsung Bobs,
Weaves With New Smartphone, Tablet: Refusing to go down for the count after
receiving numerous litigation-based body blows from reigning champ Apple,
Samsung (PINK: SSNLF ) swung back on Sunday by announcing two new products in
its Galaxy line of mobile products. The Korean company announced the Galaxy S II
smartphone for LTE 4G networks the kind used by Verizon (NYSE: VZ ) and AT&T
(NYSE: T ) and the new Galaxy Tab 8.9. New to both is a beefy new dual-core
processor and, for the smartphone, a bigger, 4.5-inch screen. While cosmetically
similar to existing Galaxy S and Galaxy Tab models, it will be interesting to
see if these new devices are different enough to protect Samsung from Apples
relentless patent infringement claims. iPhone 5 Only Looks Bigger: A new report
at DigiTimes (via MacRumors ) comes with new details on the look at and design
of the upcoming iPhone remodel . The article called out a new video that
appeared on a Swiss Apple website purportedly leaking the look of the iPhone 5.
In calling the video a fake, DigiTimes report said its sources indicate the new
iPhone will have a screen that is the same size as the one in current iPhones
but that the case itself will have thinner bezels that effectively make the
screen look larger. The report also said the glass backing on the iPhone will be
replaced with a metal casing. As of this writing, Anthony John Agnello did not
own a position in any of the stocks named here. Follow him on Twitter at
Viacom (NYSE: VIA ), News Corp. (NASDAQ: NWS ) and Disney (NYSE: DIS ) were
among those television companies that fumed and roared when Apple (NASDAQ: AAPL
) introduced 99-cent TV show rentals to the iTunes store in 2010. Those
companies and others threatened to yank their wares off of Apples digital
distribution outlet, claiming the Cupertino, Calif.-based company was devaluing
television content on the Internet even further than it already had been. Almost
one year later, and Apple has yanked the 99-cent rentals from iTunes of its own
accord. Apple spokesman Tom Neumayr told All Things Digital on Friday, iTunes
customers have shown they overwhelmingly prefer buying TV shows. It is more
likely that the low-cost rentals were ended not because customers were more
intent on purchasing, but because of Apples steady preparation for opening a
streaming video service to compete with Netflix (NASDAQ: NFLX ). Samsung Bobs,
Weaves With New Smartphone, Tablet: Refusing to go down for the count after
receiving numerous litigation-based body blows from reigning champ Apple,
Samsung (PINK: SSNLF ) swung back on Sunday by announcing two new products in
its Galaxy line of mobile products. The Korean company announced the Galaxy S II
smartphone for LTE 4G networks the kind used by Verizon (NYSE: VZ ) and AT&T
(NYSE: T ) and the new Galaxy Tab 8.9. New to both is a beefy new dual-core
processor and, for the smartphone, a bigger, 4.5-inch screen. While cosmetically
similar to existing Galaxy S and Galaxy Tab models, it will be interesting to
see if these new devices are different enough to protect Samsung from Apples
relentless patent infringement claims. iPhone 5 Only Looks Bigger: A new report
at DigiTimes (via MacRumors ) comes with new details on the look at and design
of the upcoming iPhone remodel . The article called out a new video that
appeared on a Swiss Apple website purportedly leaking the look of the iPhone 5.
In calling the video a fake, DigiTimes report said its sources indicate the new
iPhone will have a screen that is the same size as the one in current iPhones
but that the case itself will have thinner bezels that effectively make the
screen look larger. The report also said the glass backing on the iPhone will be
replaced with a metal casing. As of this writing, Anthony John Agnello did not
own a position in any of the stocks named here. Follow him on Twitter at
Dow Chemical (NYSE:DOW) Upping Chemical Production
Dow Chemical (NYSE:DOW) Performance Monomers has increased production capacity
of Glycidyl Methacrylate. Dow Chemical (NYSE:DOW) Upping Chemical Production Dow
Chemical (NYSE:DOW) has announced that its Performance Monomers business has
made a 10% increase in capacity for the production of Glycidyl Methacrylate
(GMA) at its Freeport, Texas facility. Glycidyl Methacrylate is used in
Specialty Coatings and Resins. This decision was taken after a successful
debottlenecking initiative that addresses Dows need to increase GMA capacity for
its strategic customers. David Mongrue, Global Business Manufacturing Director
for Dow Chemical (NYSE:DOW) Performance Monomers, said that, Through the GMA
debottlenecking initiative, Dow made significant process and reliability
improvements, which delivered a considerable increase in plant capacity in less
than a year. This further reinforces Dows commitment towards delivering on our
strategy of being a highly reliable organization and growing with our strategic
customers". Dow Chemical (NYSE:DOW) stocks were at 26.82 at the end of the
last days trading. Theres been a -24.7% change in the stock price over the past
3 months. Dow Chemical (NYSE:DOW) Analyst Advice Consensus Opinion: Hold Mean
recommendation: 2.15 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.13 Zacks
Rank: 8 out of 35 in the industry
of Glycidyl Methacrylate. Dow Chemical (NYSE:DOW) Upping Chemical Production Dow
Chemical (NYSE:DOW) has announced that its Performance Monomers business has
made a 10% increase in capacity for the production of Glycidyl Methacrylate
(GMA) at its Freeport, Texas facility. Glycidyl Methacrylate is used in
Specialty Coatings and Resins. This decision was taken after a successful
debottlenecking initiative that addresses Dows need to increase GMA capacity for
its strategic customers. David Mongrue, Global Business Manufacturing Director
for Dow Chemical (NYSE:DOW) Performance Monomers, said that, Through the GMA
debottlenecking initiative, Dow made significant process and reliability
improvements, which delivered a considerable increase in plant capacity in less
than a year. This further reinforces Dows commitment towards delivering on our
strategy of being a highly reliable organization and growing with our strategic
customers". Dow Chemical (NYSE:DOW) stocks were at 26.82 at the end of the
last days trading. Theres been a -24.7% change in the stock price over the past
3 months. Dow Chemical (NYSE:DOW) Analyst Advice Consensus Opinion: Hold Mean
recommendation: 2.15 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.13 Zacks
Rank: 8 out of 35 in the industry
Starbucks Corporation (NASDAQ:SBUX) To Expand Product Line
Starbucks Corporation (NASDAQ:SBUX) is set to offer instant coffee in Korea.
Starbucks Corporation (NASDAQ:SBUX) To Expand Product Line Starbucks Corporation
(NASDAQ:SBUX), the coffee chain giant, has announced that it will introduce VIA
Ready Brew instant coffee in Korea from next month. The company is selling
instant coffee in six countries other than US, and will introduce it in six more
countries in Asia in September. Celcilia Song, Starbucks Corporation
(NASDAQ:SBUX) spokeswoman, said, "Starbucks VIA is made from 100% arabica
instant and micro ground coffee that tastes as good as fresh-brewed coffee at
Starbucks stores". Starbucks Corporation (NASDAQ:SBUX) stocks are currently
standing at 37.39. Price History Last Price: 37.39 52 Week Low / High: 22.69 /
41.11 50 Day Moving Average: 38.32 6 Month Price Change %: 15.1% 12 Month Price
Change %: 60.7%
Starbucks Corporation (NASDAQ:SBUX) To Expand Product Line Starbucks Corporation
(NASDAQ:SBUX), the coffee chain giant, has announced that it will introduce VIA
Ready Brew instant coffee in Korea from next month. The company is selling
instant coffee in six countries other than US, and will introduce it in six more
countries in Asia in September. Celcilia Song, Starbucks Corporation
(NASDAQ:SBUX) spokeswoman, said, "Starbucks VIA is made from 100% arabica
instant and micro ground coffee that tastes as good as fresh-brewed coffee at
Starbucks stores". Starbucks Corporation (NASDAQ:SBUX) stocks are currently
standing at 37.39. Price History Last Price: 37.39 52 Week Low / High: 22.69 /
41.11 50 Day Moving Average: 38.32 6 Month Price Change %: 15.1% 12 Month Price
Change %: 60.7%
Top 10 Solar Stocks with Highest Momentum: GTAT, HOKU, SPWRA, FSLR, RSOL, TSL, EMKR, STP, WFR, YGE (Aug 29, 2011)
Below are the top 10 Solar stocks with highest price momentum. Three Chinese
companies (TSL, STP, YGE) are on the list. CLICK HERE for Solar Stocks
Comparison Table GT Advanced Technologies Inc (NASDAQ:GTAT) has the 1st highest
price momentum in this segment of the market. It is trading at 65.1% of 52-week
high. Its price change was -16.5% for the last 4 weeks. Hoku Corporation
(NASDAQ:HOKU) has the 2nd highest price momentum in this segment of the market.
It is trading at 59.5% of 52-week high. Its price change was 31.1% for the last
4 weeks. SunPower Corporation (NASDAQ:SPWRA) has the 3rd highest price momentum
in this segment of the market. It is trading at 58.1% of 52-week high. Its price
change was -30.9% for the last 4 weeks. First Solar, Inc. (NASDAQ:FSLR) has the
4th highest price momentum in this segment of the market. It is trading at 57.4%
of 52-week high. Its price change was -14.8% for the last 4 weeks. Real Goods
Solar, Inc. (NASDAQ:RSOL) has the 5th highest price momentum in this segment of
the market. It is trading at 56.3% of 52-week high. Its price change was -10.2%
for the last 4 weeks. Trina Solar Limited (ADR) (NYSE:TSL) has the 6th highest
price momentum in this segment of the market. It is trading at 49.0% of 52-week
high. Its price change was -12.8% for the last 4 weeks. EMCORE Corporation
(NASDAQ:EMKR) has the 7th highest price momentum in this segment of the market.
It is trading at 48.9% of 52-week high. Its price change was -39.3% for the last
4 weeks. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) has the 8th highest
price momentum in this segment of the market. It is trading at 47.7% of 52-week
high. Its price change was -29.6% for the last 4 weeks. MEMC Electronic
Materials, Inc. (NYSE:WFR) has the 9th highest price momentum in this segment of
the market. It is trading at 45.7% of 52-week high. Its price change was -7.4%
for the last 4 weeks. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has
the 10th highest price momentum in this segment of the market. It is trading at
42.8% of 52-week high. Its price change was -15.5% for the last 4 weeks. CLICK
HERE for Solar Stocks Comparison Table
companies (TSL, STP, YGE) are on the list. CLICK HERE for Solar Stocks
Comparison Table GT Advanced Technologies Inc (NASDAQ:GTAT) has the 1st highest
price momentum in this segment of the market. It is trading at 65.1% of 52-week
high. Its price change was -16.5% for the last 4 weeks. Hoku Corporation
(NASDAQ:HOKU) has the 2nd highest price momentum in this segment of the market.
It is trading at 59.5% of 52-week high. Its price change was 31.1% for the last
4 weeks. SunPower Corporation (NASDAQ:SPWRA) has the 3rd highest price momentum
in this segment of the market. It is trading at 58.1% of 52-week high. Its price
change was -30.9% for the last 4 weeks. First Solar, Inc. (NASDAQ:FSLR) has the
4th highest price momentum in this segment of the market. It is trading at 57.4%
of 52-week high. Its price change was -14.8% for the last 4 weeks. Real Goods
Solar, Inc. (NASDAQ:RSOL) has the 5th highest price momentum in this segment of
the market. It is trading at 56.3% of 52-week high. Its price change was -10.2%
for the last 4 weeks. Trina Solar Limited (ADR) (NYSE:TSL) has the 6th highest
price momentum in this segment of the market. It is trading at 49.0% of 52-week
high. Its price change was -12.8% for the last 4 weeks. EMCORE Corporation
(NASDAQ:EMKR) has the 7th highest price momentum in this segment of the market.
It is trading at 48.9% of 52-week high. Its price change was -39.3% for the last
4 weeks. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) has the 8th highest
price momentum in this segment of the market. It is trading at 47.7% of 52-week
high. Its price change was -29.6% for the last 4 weeks. MEMC Electronic
Materials, Inc. (NYSE:WFR) has the 9th highest price momentum in this segment of
the market. It is trading at 45.7% of 52-week high. Its price change was -7.4%
for the last 4 weeks. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has
the 10th highest price momentum in this segment of the market. It is trading at
42.8% of 52-week high. Its price change was -15.5% for the last 4 weeks. CLICK
HERE for Solar Stocks Comparison Table
Gold Futures Retreat as Risk Aversion Subsides
Gold futures began the week on a sour note as risk aversion subsided on Wall
Street.
Street.
It’s Time to Shop for Zumiez Calls
The earnings calendar is getting mighty sparse in fact, just a couple of S&P
500 companies are scheduled to report this week. So we dug a little deeper to
come up with Zumiez (NASDAQ: ZUMZ ), which reports Wednesday after the close.
For those who don't frequent malls, Zumiez specializes in sports-related
apparel, footwear, and accessories. Analysts expect the company to earn five
cents a share compared to a loss of two cents a year ago. The company has a
solid record of beating these estimates, having missed just once in the past 18
quarters. Performance after these reports has been mixed, although competitors
Wet Seal (NASDAQ: WTSLA ) and Hot Topic (NASDAQ: HOTT ) have done well after
their recent reports. ZUMZ shares were knocked lower earlier this month after
disappointing same-store sales numbers in July. But the market appears to have
digested the news, and the stock is rebounding from an 11-month low. On Monday,
the stock was up 3.5% to $19.30. Sentiment toward ZUMZ is tilted toward the
bearish, especially among the shorts. Shorted shares represent about 30% of the
float, meaning that the stock could benefit from short-covering, especially if
the company beats the earnings estimate. Analysts are likewise skeptical, as
fewer than half (eight of 19) consider the retailer a buy. The tide appears to
be turning for ZUMZ. With other specialty mall-based retailers doing well after
their recent earnings report, the stock putting in a bottom, and plenty of
pessimism available to unwind into buying pressure, we like ZUMZ heading into
earnings. We're going deeper in the money on this option play, as the bid/ask
spread is more favorable. Buy the Sept. 17.50 call for around $2.50. Have a
great trading week.
500 companies are scheduled to report this week. So we dug a little deeper to
come up with Zumiez (NASDAQ: ZUMZ ), which reports Wednesday after the close.
For those who don't frequent malls, Zumiez specializes in sports-related
apparel, footwear, and accessories. Analysts expect the company to earn five
cents a share compared to a loss of two cents a year ago. The company has a
solid record of beating these estimates, having missed just once in the past 18
quarters. Performance after these reports has been mixed, although competitors
Wet Seal (NASDAQ: WTSLA ) and Hot Topic (NASDAQ: HOTT ) have done well after
their recent reports. ZUMZ shares were knocked lower earlier this month after
disappointing same-store sales numbers in July. But the market appears to have
digested the news, and the stock is rebounding from an 11-month low. On Monday,
the stock was up 3.5% to $19.30. Sentiment toward ZUMZ is tilted toward the
bearish, especially among the shorts. Shorted shares represent about 30% of the
float, meaning that the stock could benefit from short-covering, especially if
the company beats the earnings estimate. Analysts are likewise skeptical, as
fewer than half (eight of 19) consider the retailer a buy. The tide appears to
be turning for ZUMZ. With other specialty mall-based retailers doing well after
their recent earnings report, the stock putting in a bottom, and plenty of
pessimism available to unwind into buying pressure, we like ZUMZ heading into
earnings. We're going deeper in the money on this option play, as the bid/ask
spread is more favorable. Buy the Sept. 17.50 call for around $2.50. Have a
great trading week.
Intel (NASDAQ:INTC) Sets Up Expansion Plans
Intel (NASDAQ:INTC) has plans to expand in Malaysia. Intel (NASDAQ:INTC) Sets
Up Expansion Plans The largest chip maker Intel (NASDAQ:INTC) has expressed its
desire to expand its business in Malaysia, as they now see extremely attractive
business conditions for the company. The company said that it has invested more
than $4 billion in Malaysia in 40 years. Intel (NASDAQ:INTC) Malaysia's
managing director Robin Martin said, "The Malaysian Government through the
International Trade and Industry Ministry is very supportive of companies like
Intel (NASDAQ:INTC). Having a very stable political system and Government also
makes Malaysia attractive for us". Intel Corp. (NASDAQ:INTC) stocks were at
19.77 at the end of the last days trading. Theres been a -11.0% movement in the
stock price over the past 3 months. Intel Corp. (NASDAQ:INTC) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.94 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.92 Zacks Rank: 1 out of 7 in the industry
Up Expansion Plans The largest chip maker Intel (NASDAQ:INTC) has expressed its
desire to expand its business in Malaysia, as they now see extremely attractive
business conditions for the company. The company said that it has invested more
than $4 billion in Malaysia in 40 years. Intel (NASDAQ:INTC) Malaysia's
managing director Robin Martin said, "The Malaysian Government through the
International Trade and Industry Ministry is very supportive of companies like
Intel (NASDAQ:INTC). Having a very stable political system and Government also
makes Malaysia attractive for us". Intel Corp. (NASDAQ:INTC) stocks were at
19.77 at the end of the last days trading. Theres been a -11.0% movement in the
stock price over the past 3 months. Intel Corp. (NASDAQ:INTC) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.94 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.92 Zacks Rank: 1 out of 7 in the industry
Todays Gold Price per ounce Silver price per ounce; Spot gold per gram spot silver per ounce; Dow Jones Index DJX DJI Review
As the trading session approached final close in the U.S. today, precious
metals gold and silver were still moving in negative territory. Investors were
not positioning with the safe havens in the midst of the post hurricane rally
that the stock market was experiencing. The primary stock index composites were
moving in positive territory just prior to official close today. The Dow Jones
Industrial Average was green by 2.07 percent or 247.97 points at 11,533. The
Nasdaq was green by 3.18 percent or 78.8 points at 2,559 and the S&P 500 was
green by 2.71 percent at 1,209 just prior to official close. It appears that the
positive stock momentum that built last week carried through the stormy weekend
and helped push indices higher today. The dollar dropped lower to the euro and
British pound today, but gold and silver contracts were moving in the red. Just
prior to close in the U.S., gold contract for December delivery was lower by .32
percent at 1791.60 per troy ounce. Silver contract was lower by .99 percent at
40.55 per troy ounce. Spot gold and spot silver prices were also moving in the
red at this point. Spot gold price per gram was lower by .34 at 57.34 and spot
silver per ounce was red by .26 at 40.69. Camillo Zucari
metals gold and silver were still moving in negative territory. Investors were
not positioning with the safe havens in the midst of the post hurricane rally
that the stock market was experiencing. The primary stock index composites were
moving in positive territory just prior to official close today. The Dow Jones
Industrial Average was green by 2.07 percent or 247.97 points at 11,533. The
Nasdaq was green by 3.18 percent or 78.8 points at 2,559 and the S&P 500 was
green by 2.71 percent at 1,209 just prior to official close. It appears that the
positive stock momentum that built last week carried through the stormy weekend
and helped push indices higher today. The dollar dropped lower to the euro and
British pound today, but gold and silver contracts were moving in the red. Just
prior to close in the U.S., gold contract for December delivery was lower by .32
percent at 1791.60 per troy ounce. Silver contract was lower by .99 percent at
40.55 per troy ounce. Spot gold and spot silver prices were also moving in the
red at this point. Spot gold price per gram was lower by .34 at 57.34 and spot
silver per ounce was red by .26 at 40.69. Camillo Zucari
Alacer Gold Boosts Gold Resources
Alacer Gold (ASR.TSX) announced an updated Mineral Resource estimate for its
Higginsville Gold Operations in Australia. The Measured and Indicated Resource
has increased by 10% to 1.33 million ounces (inclusive of reserves).
Higginsville Gold Operations in Australia. The Measured and Indicated Resource
has increased by 10% to 1.33 million ounces (inclusive of reserves).
Google Inc. (NASDAQ:GOOG) May Have Knowingly Broken Law
It has been reported that the Google Inc. (NASDAQ:GOOG) CEO was aware of
illegal ads running on its network. Google Inc. (NASDAQ:GOOG) May Have Knowingly
Broken Law Investigators from the Justice Department who have been probing
illegal online pharmacy ads from a Canadian company have reported that Larry
Page, the Chief Executive Officer of Google Inc. (NASDAQ:GOOG), was aware of the
ads and didn't take any action. Meanwhile, a Google Inc. (NASDAQ:GOOG)
spokesman said in an email statement that "As we've said, we take
responsibility for our actions. With hindsight, we shouldn't have allowed
these ads on Google in the first place." Google Inc. (NASDAQ:GOOG) stocks were
at 526.86 at the end of the last days trading. Theres been a 1.1% movement in
the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 4 out of 31 in the industry
illegal ads running on its network. Google Inc. (NASDAQ:GOOG) May Have Knowingly
Broken Law Investigators from the Justice Department who have been probing
illegal online pharmacy ads from a Canadian company have reported that Larry
Page, the Chief Executive Officer of Google Inc. (NASDAQ:GOOG), was aware of the
ads and didn't take any action. Meanwhile, a Google Inc. (NASDAQ:GOOG)
spokesman said in an email statement that "As we've said, we take
responsibility for our actions. With hindsight, we shouldn't have allowed
these ads on Google in the first place." Google Inc. (NASDAQ:GOOG) stocks were
at 526.86 at the end of the last days trading. Theres been a 1.1% movement in
the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 4 out of 31 in the industry
Alacer Gold (ASR) boosts gold resources
DG365FD46564GFH654FU898
Read this article:
Alacer Gold (ASR) boosts gold resources
Amazon’s Opening to Tackle the iPad: A Game of Pricing Limbo
The Hewlett-Packard (NASDAQ: HPQ ) TouchPad tablet is flying off of store
shelves across the land. Pretty exciting momentum for a company that just two
weeks ago announced it was bowing out of the mobile game entirely. OK, it isnt
exciting at all, at least not for HP (or its shareholders). The company is
shelling out millions to compensate retailers like Best Buy (NYSE: BBY ), who
are selling the TouchPad at prices as low as $99 $400 less than the original
sticker price. The company allegedly has set aside $100 million in total to
compensate those retailers. There is a silver lining inside the impressive
liquidation of the TouchPad, though, where keen industry observers can see an
unsurprising trend begin to emerge: Consumers are willing to buy a tablet that
isnt Apple s (NASDAQ: AAPL ) iPad provided the price is low enough. While $99
obviously is far too low for any competitive tablet in 2011 even less intensive
technology like Barnes & Noble s (NYSE: BKS ) Nook Color e-reader sells for $250
the TouchPads swift death has laid out a map for the intrepid technology
company that finds a way to sell a tablet PC at a low-enough cost with
impressive-enough tech that it damages Apples monopoly without bankrupting the
company at the same time. Amazon (NASDAQ: AMZN ) might very well be that
company. Detailed rumors about Amazons entry into the tablet market have been
popping up since June at this point. Tim Bajarin of Creative Strategies told PC
Magazine in June that Amazon would be releasing both a $349 7-inch tablet and a
$449 10-inch tablet later this year, undercutting the lowest-tier iPad by $150
and $50 respectively. A Thursday report at The New York Post indicated Amazon is
likely to go even lower, though. Citing a source familiar with Amazons plan, the
Post article said Amazons tablet will sell for hundreds less than the iPad. If
it can, Amazon might have the hottest holiday item of the year on its hands.
Research group Brand Keys placed both Apple and Amazon in the top 10 of its 2010
Loyalty Leaders Top 50 , ranking consumer devotion to specific brands. While
Apple leads in technology, Amazon comes out ahead as a retailer, and it's that
power with consumers that will give Amazon its in against the iPad. If Kindle
e-book sales, Amazon Appstore sales, Amazon Prime subscriptions and downloadable
media sales are strong enough on an Amazon tablet outselling the more than $1
billion iTunes can generate each quarter then Amazon will be able to sell its
tablet at a significant loss. Its a strategy that has worked for other
technologies in the past. Sony (NYSE: SNE ) has debuted its PlayStation video
game consoles at loss prices since the mid-1990s, instead making its money on
licensing fees from secondary sources (in this case, video games) and keeping a
single model of its technology on shelves for years as the cost of manufacturing
comes down. Apple, meanwhile, was making $200 on every iPad sold when the device
first debuted in 2010. Amazon now knows a $99 tablet can do gangbusters. Its
unlikely it will hit that price. If it can come close, though, Apple might
finally have a fight on its hands. As of this writing, Anthony John Agnello did
not own a position in any of the stocks named here. Follow him on Twitter at
shelves across the land. Pretty exciting momentum for a company that just two
weeks ago announced it was bowing out of the mobile game entirely. OK, it isnt
exciting at all, at least not for HP (or its shareholders). The company is
shelling out millions to compensate retailers like Best Buy (NYSE: BBY ), who
are selling the TouchPad at prices as low as $99 $400 less than the original
sticker price. The company allegedly has set aside $100 million in total to
compensate those retailers. There is a silver lining inside the impressive
liquidation of the TouchPad, though, where keen industry observers can see an
unsurprising trend begin to emerge: Consumers are willing to buy a tablet that
isnt Apple s (NASDAQ: AAPL ) iPad provided the price is low enough. While $99
obviously is far too low for any competitive tablet in 2011 even less intensive
technology like Barnes & Noble s (NYSE: BKS ) Nook Color e-reader sells for $250
the TouchPads swift death has laid out a map for the intrepid technology
company that finds a way to sell a tablet PC at a low-enough cost with
impressive-enough tech that it damages Apples monopoly without bankrupting the
company at the same time. Amazon (NASDAQ: AMZN ) might very well be that
company. Detailed rumors about Amazons entry into the tablet market have been
popping up since June at this point. Tim Bajarin of Creative Strategies told PC
Magazine in June that Amazon would be releasing both a $349 7-inch tablet and a
$449 10-inch tablet later this year, undercutting the lowest-tier iPad by $150
and $50 respectively. A Thursday report at The New York Post indicated Amazon is
likely to go even lower, though. Citing a source familiar with Amazons plan, the
Post article said Amazons tablet will sell for hundreds less than the iPad. If
it can, Amazon might have the hottest holiday item of the year on its hands.
Research group Brand Keys placed both Apple and Amazon in the top 10 of its 2010
Loyalty Leaders Top 50 , ranking consumer devotion to specific brands. While
Apple leads in technology, Amazon comes out ahead as a retailer, and it's that
power with consumers that will give Amazon its in against the iPad. If Kindle
e-book sales, Amazon Appstore sales, Amazon Prime subscriptions and downloadable
media sales are strong enough on an Amazon tablet outselling the more than $1
billion iTunes can generate each quarter then Amazon will be able to sell its
tablet at a significant loss. Its a strategy that has worked for other
technologies in the past. Sony (NYSE: SNE ) has debuted its PlayStation video
game consoles at loss prices since the mid-1990s, instead making its money on
licensing fees from secondary sources (in this case, video games) and keeping a
single model of its technology on shelves for years as the cost of manufacturing
comes down. Apple, meanwhile, was making $200 on every iPad sold when the device
first debuted in 2010. Amazon now knows a $99 tablet can do gangbusters. Its
unlikely it will hit that price. If it can come close, though, Apple might
finally have a fight on its hands. As of this writing, Anthony John Agnello did
not own a position in any of the stocks named here. Follow him on Twitter at
Jim Rogers Voices Support for Ron Paul in 2012
Jim Rogers is backing Ron Paul for President of the United States in 2012. In a
television interview this past weekend, the legendary investor voiced his
support for the congressman from Texas. In this election if Ron Paul gets
anywhere near the nomination I would certainly support him, Rogers stated . He
is the only one that Ive seen in American politics that seems to have a clue
about whats going on, he continued. Rogers and Paul may come from different
backgrounds, but they undoubtedly share at least a few things in common their
disdain for the Federal Reserve and its fiat monetary system, and a preference
to return to a gold standard. Rogers a billionaire known for founding the
Quantum Fund with George Soros in the 1970s has also been one of the most
prominent gold bulls over the past decade.
television interview this past weekend, the legendary investor voiced his
support for the congressman from Texas. In this election if Ron Paul gets
anywhere near the nomination I would certainly support him, Rogers stated . He
is the only one that Ive seen in American politics that seems to have a clue
about whats going on, he continued. Rogers and Paul may come from different
backgrounds, but they undoubtedly share at least a few things in common their
disdain for the Federal Reserve and its fiat monetary system, and a preference
to return to a gold standard. Rogers a billionaire known for founding the
Quantum Fund with George Soros in the 1970s has also been one of the most
prominent gold bulls over the past decade.
Mark Bristow
Mark Bristow Africa Intelligence - 1 hour ago The chief executive of Randgold
Resources, Mark Bristow, is ahead of his schedule in Congo-K. The Kibali Gold
joint venture made up of Randgold (45%), Anglogold Ashanti (45%) and Societe de
Kilo ...
Resources, Mark Bristow, is ahead of his schedule in Congo-K. The Kibali Gold
joint venture made up of Randgold (45%), Anglogold Ashanti (45%) and Societe de
Kilo ...
Top Losers: (NYSE: GA), (NYSE: LFC), (NASDAQ: NETC), (NYSE: ACH), (NASDAQ: GOLD)
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Top Losers: (NYSE: GA), (NYSE: LFC), ( NASDAQ : NETC), (NYSE: ACH), ( NASDAQ : GOLD ) Tickr Watch – 50 minutes ago Giant Interactive Group, Inc. (NYSE: GA): fell by 5.88% or $-0.5/share to $8.00. In the past year, the shares have traded as low as $6.03 and as high as $9.45. On average, 890951 shares of GA …
Top 10 Commercial Services Stocks with Highest Momentum: APAC, ABCO, GRB, MDMD, LABL, CFSG, EXLS, CSR, ACU, CLCT (Aug 29, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 Commercial Services stocks with highest price momentum. Two Chinese companies (CFSG, CSR) are on the list. APAC Customer Services, Inc. (NASDAQ:APAC) has the 1st highest price momentum in this segment of the market. It is trading at 99.4% of 52-week high. Its price change was 0.8% for the last 4 weeks. The Advisory Board Company (NASDAQ:ABCO) has the 2nd highest price momentum in this segment of the market. It is trading at 98.0% of 52-week high. Its price change was 11.7% for the last 4 weeks. Gerber Scientific, Inc. (NYSE:GRB) has the 3rd highest price momentum in this segment of the market. It is trading at 97.7% of 52-week high. Its price change was -0.3% for the last 4 weeks. MediaMind Technologies Inc. (NASDAQ:MDMD) has the 4th highest price momentum in this segment of the market. It is trading at 97.6% of 52-week high. Its price change was -0.1% for the last 4 weeks. Multi-Color Corporation (NASDAQ:LABL) has the 5th highest price momentum in this segment of the market. It is trading at 96.4% of 52-week high. Its price change was 0.3% for the last 4 weeks. China Fire & Security Group, Inc. (NASDAQ:CFSG) has the 6th highest price momentum in this segment of the market. It is trading at 95.0% of 52-week high. Its price change was 6.2% for the last 4 weeks. ExlService Holdings, Inc. (NASDAQ:EXLS) has the 7th highest price momentum in this segment of the market. It is trading at 93.3% of 52-week high. Its price change was 5.8% for the last 4 weeks. China Security & Surveillance Tech. Inc. (NYSE:CSR) has the 8th highest price momentum in this segment of the market. It is trading at 92.8% of 52-week high. Its price change was 1.4% for the last 4 weeks. Acme United Corporation (AMEX:ACU) has the 9th highest price momentum in this segment of the market. It is trading at 91.8% of 52-week high. Its price change was 0.0% for the last 4 weeks. Collectors Universe, Inc. (NASDAQ:CLCT) has the 10th highest price momentum in this segment of the market. It is trading at 91.5% of 52-week high. Its price change was 10.5% for the last 4 weeks.
Rise and Shine for a Bed Bath & Beyond Options Bet
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Finding a legitimate covered-call candidate in this market isn't easy. The strategy is generally used to generate additional income for a stock position. An example of this is to buy stock and sell a call option against the stock position. Generating income from buying and holding stocks has been a challenge, but a good thing about a covered call is that it offers some downside protection as well, and in this market, an investor might just need some. The key is to find a stock with solid fundamentals behind it. Bed Bath and Beyond ( NASDAQ : BBBY ) looks like a nice candidate. Its first-quarter earnings were up 38% and had a 10% sales increase. The stock has had a couple of rough patches in the last couple of years, but it seems like it has always found a way to climb higher.
BlackBerry Breather: RIM Regains Footing But Not Direction
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tdp2664 InvestorPlace There’s always hope. August was grim for Research In Motion ( NASDAQ : RIMM ), with each week bringing another announcement that pounded into the company’s share price like so many nails into a coffin. By Aug. 8, shares in the smartphone manufacturer sank below $22 for the first time since 2004. The company is recovering, though, and while around $30 per share isn’t a price that reflects a return to the gloried value of RIM three years ago, it is at least a signal to shareholders that all is not lost. Wall Street analyst Shaw Wu of Sterne Agee agrees. Speaking to All Things Digital on Monday, Wu said RIM’s latest phones are going to help the company regain ground it has ceded to Apple ( NASDAQ : AAPL ) and Google ‘s ( NASDAQ : GOOG ) many manufacturing partners in the smartphone market. These new phones include the BlackBerry Torch 9850/9860, touchscreen-only devices running the new BlackBerry 7 operating system and supported by AT&T (NYSE: T ) and Sprint (NYSE: S ). A more traditional BlackBerry with a keyboard interface, the BlackBerry 9810, joins those models. Reviews of these phones haven’t been favorable, though. Even though the BlackBerry Torch 9850 is recognized as a significant improvement over the company’s last attempt at a purely touchscreen device, the lamentable BlackBerry Storm, it has been criticized by outlets like CNET for having poor phone call quality and performance problems. What RIM does have working in its favor, however, is the new BlackBerry 7 operating system, which has received better press than the devices on which it runs and which Wu claims makes for RIM’s “strongest product cycle in some time.” Wu thinks its possible that Nokia (NYSE: NOK ) and Microsoft (NASDAQ: MSFT ) will not release their first Windows phones in the U.S. until early 2012. RIM then has a shot at capturing some market share across the fourth quarter, despite Apple’s impending omni-telecom iPhone 5 release expected in October . Strong software, cheap phones and support for Android app developers on the platform — not a bad place to be for RIM. The company has even started up new media services that aren’t complete embarrassments. RIM opened BlackBerry Music for business on Thursday. For $5 per month, BlackBerry users can access 50 songs and cycle out 25 of those songs for others each month. It sounds weak compared to streaming services like Pandora (NYSE: P ) and cloud services like Amazon ‘s (NASDAQ: AMZN ) CloudPlayer, but its social networking feature that lets BlackBerry users share songs with each other to expand available tracks should convince users to idly drop the $5. It isn’t a game-changer, but a fine perk. Things look OK for RIM, but not great. While there’s hope for shareholders, it’s important to note that RIM’s improved outlook is only for the short term. The BlackBerry 7 OS, the new Torch phones, the new music service — these are all factors that make for a promising fourth quarter, not a promising 2012 or 2013. IDC expects RIM to control a 14% share of the worldwide smartphone market by the end of 2011. By 2015, that should fall to 13% . The best outcome for RIM’s holiday? A slightly healthier place in the market that will make its technology and brand more attractive for acquisition by another partner . As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Dow Jones Average DJIA Index DJX DJI Todays Stock Market News Nasdaq S&P 500; USA Mid Day Market Trends
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dow2664 The damage estimates due to Irene continued to move higher this morning as Wall Street prepared to ring the opening bell on time. It was unclear leading up to today if the NYSE would run as usual due to the debilitating effects of Irene. The bell went off as scheduled and now, in addition to the recovery efforts along the East Coast, attention will refocus on jobs and the continuing debt crisis in Europe. On the economic calendar for today, reports indicated that personal income rose 0.3% in July, just below the anticipated 0.4% and spending climbed 0.8% for the month, exceeding economist’s expectations of 0.5%. The National Association of Realtors reported that pending home sales fell 1.3% in June, beating the anticipated 1.4%. U.S. stock futures were posting green prior to opening bell this morning and as the session approaches the mid-day mark, the primary stock indexes continue to trend in the green. The Dow gained 187.43 points or 1.72% to 11,479. The Nasdaq rose 63.09 points or 2.54% to 2,543. The S&P increased 24.25 points or 2.06% to 1,201. The U.S. Treasuries 10 year yield gained 0.08 to 2.27%. Oil rose 1.85 or 2.17% to $87.25 a barrel. Gold dropped 3.30 or 0.18% to $1793.70. Author: Pamela Frost
Gold Stocks (GDX) Dip, Money Moving into Platinum Stocks Next?
GOLD STOCKS NEWS – Gold stocks dipped Monday as the Market Vectors Gold
Miners ETF (GDX) fell 0.1% to $61.41 0.93 to $61.55 per share.
Miners ETF (GDX) fell 0.1% to $61.41 0.93 to $61.55 per share.
Rise and Shine for a Bed Bath & Beyond Options Bet
Finding a legitimate covered-call candidate in this market isn't easy. The
strategy is generally used to generate additional income for a stock position.
An example of this is to buy stock and sell a call option against the stock
position. Generating income from buying and holding stocks has been a challenge,
but a good thing about a covered call is that it offers some downside protection
as well, and in this market, an investor might just need some. The key is to
find a stock with solid fundamentals behind it. Bed Bath and Beyond (NASDAQ:
BBBY ) looks like a nice candidate. Its first-quarter earnings were up 38% and
had a 10% sales increase. The stock has had a couple of rough patches in the
last couple of years, but it seems like it has always found a way to climb
higher.
strategy is generally used to generate additional income for a stock position.
An example of this is to buy stock and sell a call option against the stock
position. Generating income from buying and holding stocks has been a challenge,
but a good thing about a covered call is that it offers some downside protection
as well, and in this market, an investor might just need some. The key is to
find a stock with solid fundamentals behind it. Bed Bath and Beyond (NASDAQ:
BBBY ) looks like a nice candidate. Its first-quarter earnings were up 38% and
had a 10% sales increase. The stock has had a couple of rough patches in the
last couple of years, but it seems like it has always found a way to climb
higher.
BlackBerry Breather: RIM Regains Footing But Not Direction
Theres always hope. August was grim for Research In Motion (NASDAQ: RIMM ),
with each week bringing another announcement that pounded into the companys
share price like so many nails into a coffin. By Aug. 8, shares in the
smartphone manufacturer sank below $22 for the first time since 2004. The
company is recovering, though, and while around $30 per share isnt a price that
reflects a return to the gloried value of RIM three years ago, it is at least a
signal to shareholders that all is not lost. Wall Street analyst Shaw Wu of
Sterne Agee agrees. Speaking to All Things Digital on Monday, Wu said RIMs
latest phones are going to help the company regain ground it has ceded to Apple
(NASDAQ: AAPL ) and Google s (NASDAQ: GOOG ) many manufacturing partners in the
smartphone market. These new phones include the BlackBerry Torch 9850/9860,
touchscreen-only devices running the new BlackBerry 7 operating system and
supported by AT&T (NYSE: T ) and Sprint (NYSE: S ). A more traditional
BlackBerry with a keyboard interface, the BlackBerry 9810, joins those models.
Reviews of these phones havent been favorable, though. Even though the
BlackBerry Torch 9850 is recognized as a significant improvement over the
companys last attempt at a purely touchscreen device, the lamentable BlackBerry
Storm, it has been criticized by outlets like CNET for having poor phone call
quality and performance problems. What RIM does have working in its favor,
however, is the new BlackBerry 7 operating system, which has received better
press than the devices on which it runs and which Wu claims makes for RIMs
strongest product cycle in some time. Wu thinks its possible that Nokia (NYSE:
NOK ) and Microsoft (NASDAQ: MSFT ) will not release their first Windows phones
in the U.S. until early 2012. RIM then has a shot at capturing some market share
across the fourth quarter, despite Apples impending omni-telecom iPhone 5
release expected in October . Strong software, cheap phones and support for
Android app developers on the platform not a bad place to be for RIM. The
company has even started up new media services that arent complete
embarrassments. RIM opened BlackBerry Music for business on Thursday. For $5 per
month, BlackBerry users can access 50 songs and cycle out 25 of those songs for
others each month. It sounds weak compared to streaming services like Pandora
(NYSE: P ) and cloud services like Amazon s (NASDAQ: AMZN ) CloudPlayer, but its
social networking feature that lets BlackBerry users share songs with each other
to expand available tracks should convince users to idly drop the $5. It isnt a
game-changer, but a fine perk. Things look OK for RIM, but not great. While
theres hope for shareholders, its important to note that RIMs improved outlook
is only for the short term. The BlackBerry 7 OS, the new Torch phones, the new
music service these are all factors that make for a promising fourth quarter,
not a promising 2012 or 2013. IDC expects RIM to control a 14% share of the
worldwide smartphone market by the end of 2011. By 2015, that should fall to 13%
. The best outcome for RIMs holiday? A slightly healthier place in the market
that will make its technology and brand more attractive for acquisition by
another partner . As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
with each week bringing another announcement that pounded into the companys
share price like so many nails into a coffin. By Aug. 8, shares in the
smartphone manufacturer sank below $22 for the first time since 2004. The
company is recovering, though, and while around $30 per share isnt a price that
reflects a return to the gloried value of RIM three years ago, it is at least a
signal to shareholders that all is not lost. Wall Street analyst Shaw Wu of
Sterne Agee agrees. Speaking to All Things Digital on Monday, Wu said RIMs
latest phones are going to help the company regain ground it has ceded to Apple
(NASDAQ: AAPL ) and Google s (NASDAQ: GOOG ) many manufacturing partners in the
smartphone market. These new phones include the BlackBerry Torch 9850/9860,
touchscreen-only devices running the new BlackBerry 7 operating system and
supported by AT&T (NYSE: T ) and Sprint (NYSE: S ). A more traditional
BlackBerry with a keyboard interface, the BlackBerry 9810, joins those models.
Reviews of these phones havent been favorable, though. Even though the
BlackBerry Torch 9850 is recognized as a significant improvement over the
companys last attempt at a purely touchscreen device, the lamentable BlackBerry
Storm, it has been criticized by outlets like CNET for having poor phone call
quality and performance problems. What RIM does have working in its favor,
however, is the new BlackBerry 7 operating system, which has received better
press than the devices on which it runs and which Wu claims makes for RIMs
strongest product cycle in some time. Wu thinks its possible that Nokia (NYSE:
NOK ) and Microsoft (NASDAQ: MSFT ) will not release their first Windows phones
in the U.S. until early 2012. RIM then has a shot at capturing some market share
across the fourth quarter, despite Apples impending omni-telecom iPhone 5
release expected in October . Strong software, cheap phones and support for
Android app developers on the platform not a bad place to be for RIM. The
company has even started up new media services that arent complete
embarrassments. RIM opened BlackBerry Music for business on Thursday. For $5 per
month, BlackBerry users can access 50 songs and cycle out 25 of those songs for
others each month. It sounds weak compared to streaming services like Pandora
(NYSE: P ) and cloud services like Amazon s (NASDAQ: AMZN ) CloudPlayer, but its
social networking feature that lets BlackBerry users share songs with each other
to expand available tracks should convince users to idly drop the $5. It isnt a
game-changer, but a fine perk. Things look OK for RIM, but not great. While
theres hope for shareholders, its important to note that RIMs improved outlook
is only for the short term. The BlackBerry 7 OS, the new Torch phones, the new
music service these are all factors that make for a promising fourth quarter,
not a promising 2012 or 2013. IDC expects RIM to control a 14% share of the
worldwide smartphone market by the end of 2011. By 2015, that should fall to 13%
. The best outcome for RIMs holiday? A slightly healthier place in the market
that will make its technology and brand more attractive for acquisition by
another partner . As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
Top 10 Commercial Services Stocks with Highest Momentum: APAC, ABCO, GRB, MDMD, LABL, CFSG, EXLS, CSR, ACU, CLCT (Aug 29, 2011)
Below are the top 10 Commercial Services stocks with highest price momentum.
Two Chinese companies (CFSG, CSR) are on the list. APAC Customer Services, Inc.
(NASDAQ:APAC) has the 1st highest price momentum in this segment of the market.
It is trading at 99.4% of 52-week high. Its price change was 0.8% for the last 4
weeks. The Advisory Board Company (NASDAQ:ABCO) has the 2nd highest price
momentum in this segment of the market. It is trading at 98.0% of 52-week high.
Its price change was 11.7% for the last 4 weeks. Gerber Scientific, Inc.
(NYSE:GRB) has the 3rd highest price momentum in this segment of the market. It
is trading at 97.7% of 52-week high. Its price change was -0.3% for the last 4
weeks. MediaMind Technologies Inc. (NASDAQ:MDMD) has the 4th highest price
momentum in this segment of the market. It is trading at 97.6% of 52-week high.
Its price change was -0.1% for the last 4 weeks. Multi-Color Corporation
(NASDAQ:LABL) has the 5th highest price momentum in this segment of the market.
It is trading at 96.4% of 52-week high. Its price change was 0.3% for the last 4
weeks. China Fire & Security Group, Inc. (NASDAQ:CFSG) has the 6th highest price
momentum in this segment of the market. It is trading at 95.0% of 52-week high.
Its price change was 6.2% for the last 4 weeks. ExlService Holdings, Inc.
(NASDAQ:EXLS) has the 7th highest price momentum in this segment of the market.
It is trading at 93.3% of 52-week high. Its price change was 5.8% for the last 4
weeks. China Security & Surveillance Tech. Inc. (NYSE:CSR) has the 8th highest
price momentum in this segment of the market. It is trading at 92.8% of 52-week
high. Its price change was 1.4% for the last 4 weeks. Acme United Corporation
(AMEX:ACU) has the 9th highest price momentum in this segment of the market. It
is trading at 91.8% of 52-week high. Its price change was 0.0% for the last 4
weeks. Collectors Universe, Inc. (NASDAQ:CLCT) has the 10th highest price
momentum in this segment of the market. It is trading at 91.5% of 52-week high.
Its price change was 10.5% for the last 4 weeks.
Two Chinese companies (CFSG, CSR) are on the list. APAC Customer Services, Inc.
(NASDAQ:APAC) has the 1st highest price momentum in this segment of the market.
It is trading at 99.4% of 52-week high. Its price change was 0.8% for the last 4
weeks. The Advisory Board Company (NASDAQ:ABCO) has the 2nd highest price
momentum in this segment of the market. It is trading at 98.0% of 52-week high.
Its price change was 11.7% for the last 4 weeks. Gerber Scientific, Inc.
(NYSE:GRB) has the 3rd highest price momentum in this segment of the market. It
is trading at 97.7% of 52-week high. Its price change was -0.3% for the last 4
weeks. MediaMind Technologies Inc. (NASDAQ:MDMD) has the 4th highest price
momentum in this segment of the market. It is trading at 97.6% of 52-week high.
Its price change was -0.1% for the last 4 weeks. Multi-Color Corporation
(NASDAQ:LABL) has the 5th highest price momentum in this segment of the market.
It is trading at 96.4% of 52-week high. Its price change was 0.3% for the last 4
weeks. China Fire & Security Group, Inc. (NASDAQ:CFSG) has the 6th highest price
momentum in this segment of the market. It is trading at 95.0% of 52-week high.
Its price change was 6.2% for the last 4 weeks. ExlService Holdings, Inc.
(NASDAQ:EXLS) has the 7th highest price momentum in this segment of the market.
It is trading at 93.3% of 52-week high. Its price change was 5.8% for the last 4
weeks. China Security & Surveillance Tech. Inc. (NYSE:CSR) has the 8th highest
price momentum in this segment of the market. It is trading at 92.8% of 52-week
high. Its price change was 1.4% for the last 4 weeks. Acme United Corporation
(AMEX:ACU) has the 9th highest price momentum in this segment of the market. It
is trading at 91.8% of 52-week high. Its price change was 0.0% for the last 4
weeks. Collectors Universe, Inc. (NASDAQ:CLCT) has the 10th highest price
momentum in this segment of the market. It is trading at 91.5% of 52-week high.
Its price change was 10.5% for the last 4 weeks.
Dow Jones Average DJIA Index DJX DJI Todays Stock Market News Nasdaq S&P 500; USA Mid Day Market Trends
The damage estimates due to Irene continued to move higher this morning as Wall
Street prepared to ring the opening bell on time. It was unclear leading up to
today if the NYSE would run as usual due to the debilitating effects of Irene.
The bell went off as scheduled and now, in addition to the recovery efforts
along the East Coast, attention will refocus on jobs and the continuing debt
crisis in Europe. On the economic calendar for today, reports indicated that
personal income rose 0.3% in July, just below the anticipated 0.4% and spending
climbed 0.8% for the month, exceeding economists expectations of 0.5%. The
National Association of Realtors reported that pending home sales fell 1.3% in
June, beating the anticipated 1.4%. U.S. stock futures were posting green prior
to opening bell this morning and as the session approaches the mid-day mark, the
primary stock indexes continue to trend in the green. The Dow gained 187.43
points or 1.72% to 11,479. The Nasdaq rose 63.09 points or 2.54% to 2,543. The
S&P increased 24.25 points or 2.06% to 1,201. The U.S. Treasuries 10 year yield
gained 0.08 to 2.27%. Oil rose 1.85 or 2.17% to $87.25 a barrel. Gold dropped
3.30 or 0.18% to $1793.70. Author: Pamela Frost
Street prepared to ring the opening bell on time. It was unclear leading up to
today if the NYSE would run as usual due to the debilitating effects of Irene.
The bell went off as scheduled and now, in addition to the recovery efforts
along the East Coast, attention will refocus on jobs and the continuing debt
crisis in Europe. On the economic calendar for today, reports indicated that
personal income rose 0.3% in July, just below the anticipated 0.4% and spending
climbed 0.8% for the month, exceeding economists expectations of 0.5%. The
National Association of Realtors reported that pending home sales fell 1.3% in
June, beating the anticipated 1.4%. U.S. stock futures were posting green prior
to opening bell this morning and as the session approaches the mid-day mark, the
primary stock indexes continue to trend in the green. The Dow gained 187.43
points or 1.72% to 11,479. The Nasdaq rose 63.09 points or 2.54% to 2,543. The
S&P increased 24.25 points or 2.06% to 1,201. The U.S. Treasuries 10 year yield
gained 0.08 to 2.27%. Oil rose 1.85 or 2.17% to $87.25 a barrel. Gold dropped
3.30 or 0.18% to $1793.70. Author: Pamela Frost
Top Losers: (NYSE: GA), (NYSE: LFC), (NASDAQ: NETC), (NYSE: ACH), (NASDAQ: GOLD)
Top Losers: (NYSE: GA), (NYSE: LFC), (NASDAQ: NETC), (NYSE: ACH), (NASDAQ:
GOLD) Tickr Watch - 50 minutes ago Giant Interactive Group, Inc. (NYSE: GA):
fell by 5.88% or $-0.5/share to $8.00. In the past year, the shares have traded
as low as $6.03 and as high as $9.45. On average, 890951 shares of GA ...
GOLD) Tickr Watch - 50 minutes ago Giant Interactive Group, Inc. (NYSE: GA):
fell by 5.88% or $-0.5/share to $8.00. In the past year, the shares have traded
as low as $6.03 and as high as $9.45. On average, 890951 shares of GA ...
The Next Step for Gold
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Last week, gold junkies learned a lesson of the inevitable. Trends that turn parabolic are simply unsustainable. Nothing — not even gold — can defy gravity indefinitely. While picking the top of a steep uptrend is frustratingly difficult, it is not difficult to anticipate that the correction will be steep once it finally arrives. Such was the case with the crazy run in silver once it finally caved in April, and such has been the case with countless other parabolic runs. That said, I suspect the current retracement in gold , and the related SPDR Gold Shares (NYSE: GLD ) exchange-traded fund will be much less severe than silver's correction. If nothing else, the recent developments in GLD illustrate the importance of using a stop-loss when you're chasing a commodity as overextended as GLD was before the correction. So what's next for GLD? As is customary for charting enthusiasts, we can look to the past to get a better idea of what the future may hold. How has GLD reacted after other high-volume corrections? As shown in the chart below, the last three corrections on elevated volume signaled a shift in momentum. Rather than bouncing back strong and surging quickly to new highs, GLD entered a consolidation. Given the gargantuan gains GLD has captured over the past month, it's easy to argue the need for some digestion. While we may see a minor bounceback over the coming days, I would be very surprised if we surge to new highs anytime soon. As we've seen in the past, it usually takes time to heal a high-volume correction. Source: MachTrader At the time of this writing, Tyler Craig had no positions on GLD.
Precious Metals, Miners Lower with Full Slate of Data Ahead
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tdp2664 InvestorPlace Gold has been trading between $1,810 and $1,820 per ounce in early trading Monday, having moved down from a peak just shy of $1,840 during electronic and Asia-Pacific hours. Consumer spending rose more than expected in July, increasing 0.8%, according to the Commerce Department. Personal income rose slightly less than expected, increasing 0.3%. Spot gold was trading at $1,814.30 Bid, $1,815.30 Ask in Monday morning trading, having been fixed at $1,788 an ounce in the London p.m. Spot silver was trading at $41.09 Bid, $41.19 Ask, having hit a high of $41.28 and a low of $41.28. The London a.m. fix came in at $41.06 per ounce, according to Kitco market data . There’s a full slate of economic data on tap this week, and the country also is gauging the damage from Hurricane Irene. Pending home sales info for June is due out tomorrow morning, with the ADP August employment report, July factory orders, crude oil inventories and Chicago PMI due out Wednesday. Weekly initial and continuing jobless claims, the ISM Index , construction spending, and auto and truck sales will be released Thursday. Friday’s reports on August non-farm payrolls and unemployment will cap the week. Also likely to have an impact on markets this week is Eurozone Retail PMI, due out Tuesday, and a string of monthly PMI releases on Thursday, kicking off with HSBC’s report on China’s PMI, and followed by EU country PMIs. Turning to exchange trading, gold and silver trusts were sharply lower. The SPDR Gold Trust (NYSE: GLD ) was down more than 2%. The iShares Gold Trust (NYSE: IAU ) was 2.25% lower. The iShares Silver Trust (NYSE: SLV ) was some 2% lower. Gold mining ETFs were down while the Global X Silver Miners ETF was higher. The Market Vectors Gold Miners ETF (NYSE: GDX ) was around 0.9% lower. The Market Vector Junior Gold Miners ETF (NYSE: GDXJ ) was 0.17% lower. The Global X Silver Miners ETF (NYSE: SIL ) was about 0.2% higher. Shares of gold miners were broadly lower. Agnico-Eagle Mines (USA) (NYSE: AEM ) was down 0.65%. Barrick Gold Corp. (NYSE: ABX ) was about 0.4% lower. Goldcorp (NYSE: GG ) was more than 1.1% lower. Newmont Mining Corp. (NYSE: NEM ) was down more than 0.5%. NovaGold Resources (USA) (AMEX: NG ) was flat. Silver mining shares also were moving lower early Monday. Coeur d’Alene Mines Corp. (NYSE: CDE ) was 1.25% higher. Hecla Mining (NYSE: HL ) was 1.3% lower. Pan American Silver Corp. (USA) ( NASDAQ : PAAS ) was down more than 0.2%. Silver Wheaton Corp. (USA) (NYSE: SLW ) was around 1.5% lower. Silver Standard Resources Inc. (USA) ( NASDAQ : SSRI ) was down 0.25%. The author does not hold positions in any of the above-mentioned investments.
Apple Inc. (NASDAQ:AAPL) To Release HDTV?
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tdp2664 E money daily It has been rumored that Apple Inc. ( NASDAQ :AAPL) will release an HDTV by the end of next year. Apple Inc. ( NASDAQ :AAPL) To Release HDTV? Although the Mac Maker previously entered the TV market with its Apple TV product, that experiemtn was merely a set top box streaming online videos. It's rumoured upcoming project Apple HDTV, is reportedly a complete device running on iOS, which will be sure to ruffle feathers in the highly competitive television sector. According to media reaction, Apple Inc. ( NASDAQ :AAPL) is all set to extend its success stories with the iPod, iPhone and iPad to the HDTV segment as well. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 383.58. Price History Last Price: 383.58 52 Week Low / High: 235.56 / 404.5 50 Day Moving Average: 364.47 6 Month Price Change %: 10.2% 12 Month Price Change %: 59.6%
Top 10 Fastest-Growing Large Cap Stocks: LVS, BIDU, WYNN, WFT, MPC, GMCR, HK, EOG, ALXN, GG (Aug 29, 2011)
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tdp2664 China Analyst Below are the top 10 fastest-growing Large Cap stocks, based on the average long-term earnings growth rate estimated by Wall Street analysts. One Chinese company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the 1st fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 57.0%. This number is based on the average estimate of 3 brokerage analyst(s). Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 2nd fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 48.6%. This number is based on the average estimate of 15 brokerage analyst(s). Wynn Resorts, Limited (NASDAQ:WYNN) is the 3rd fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 47.0%. This number is based on the average estimate of 6 brokerage analyst(s). Weatherford International Ltd. (NYSE:WFT) is the 4th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 46.9%. This number is based on the average estimate of 4 brokerage analyst(s). Marathon Petroleum Corp (NYSE:MPC) is the 5th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 41.8%. This number is based on the average estimate of 3 brokerage analyst(s). Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the 6th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 41.2%. This number is based on the average estimate of 6 brokerage analyst(s). Petrohawk Energy Corporation (NYSE:HK) is the 7th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 38.0%. This number is based on the average estimate of 8 brokerage analyst(s). EOG Resources, Inc. (NYSE:EOG) is the 8th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 36.5%. This number is based on the average estimate of 4 brokerage analyst(s). Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 9th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 35.4%. This number is based on the average estimate of 10 brokerage analyst(s). Goldcorp Inc. (USA) (NYSE:GG) is the 10th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 33.8%. This number is based on the average estimate of 4 brokerage analyst(s).
Google Inc. (NASDAQ:GOOG) May Have Knowingly Broke Law
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tdp2664 E money daily It has been reported that the Google Inc. ( NASDAQ :GOOG) CEO was aware of illegal ads running on its network. Google Inc. ( NASDAQ :GOOG) May Have Knowingly Broke Law Investigators from the Justice Department who have been probing illegal online pharmacy ads from a Canadian company have reported that Larry Page, the Chief Executive Officer of Google Inc. ( NASDAQ :GOOG), was aware of the ads and didn't take any action. Meanwhile, a Google Inc. (NASDAQ:GOOG) spokesman said in an email statement that "As we've said, we take responsibility for our actions. With hindsight, we shouldn't have allowed these ads on Google in the first place." Google Inc. (NASDAQ:GOOG) stocks were at 526.86 at the end of the last day’s trading. There’s been a 1.1% movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zack’s Rank: 4 out of 31 in the industry
Gold Extends Losses, Tumbles to $1,788
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DG365FD46564GFH654FU898 Gold extended its losses Monday morning, with the spot price tumbling $39.92, or 2.2%, to $1,787.76 per ounce as of 10:02am ET. Silver dropped alongside the yellow metal, by $0.75, or 1.1%, to $40.61 per ounce. Precious metals stocks retreated as well, with the Philadelphia Gold & Silver Index (XAU) down 1.2% to 213.35 in morning trading. The sell-off in precious metals coincided with a decline in risk aversion and a broad-based rally in the equity markets. The Dow Jones Industrial Average ( DJIA ) climbed 176.87 points, or 1.6%, to 11,461.41, while the CBOE Volatility Index (VIX) fell 7.8% to 32.86. View article: Gold Extends Losses, Tumbles to $1,788
Fortuna Silver Applies for NYSE Listing
Fortuna Silver Mines (FVI.TSX) announced that it has been authorized to apply
to list its common stock on the New York Stock Exchange (NYSE).
to list its common stock on the New York Stock Exchange (NYSE).
Gold Price Slides Back Near $1,800
GOLD PRICE NEWS – The gold price dipped Monday morning, trading lower by
$13.50 at $1,814 per ounce.
$13.50 at $1,814 per ounce.
Google Inc. (NASDAQ:GOOG) May Have Knowingly Broke Law
It has been reported that the Google Inc. (NASDAQ:GOOG) CEO was aware of
illegal ads running on its network. Google Inc. (NASDAQ:GOOG) May Have Knowingly
Broke Law Investigators from the Justice Department who have been probing
illegal online pharmacy ads from a Canadian company have reported that Larry
Page, the Chief Executive Officer of Google Inc. (NASDAQ:GOOG), was aware of the
ads and didn't take any action. Meanwhile, a Google Inc. (NASDAQ:GOOG)
spokesman said in an email statement that "As we've said, we take
responsibility for our actions. With hindsight, we shouldn't have allowed
these ads on Google in the first place." Google Inc. (NASDAQ:GOOG) stocks were
at 526.86 at the end of the last days trading. Theres been a 1.1% movement in
the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 4 out of 31 in the industry
illegal ads running on its network. Google Inc. (NASDAQ:GOOG) May Have Knowingly
Broke Law Investigators from the Justice Department who have been probing
illegal online pharmacy ads from a Canadian company have reported that Larry
Page, the Chief Executive Officer of Google Inc. (NASDAQ:GOOG), was aware of the
ads and didn't take any action. Meanwhile, a Google Inc. (NASDAQ:GOOG)
spokesman said in an email statement that "As we've said, we take
responsibility for our actions. With hindsight, we shouldn't have allowed
these ads on Google in the first place." Google Inc. (NASDAQ:GOOG) stocks were
at 526.86 at the end of the last days trading. Theres been a 1.1% movement in
the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.24 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.27 Zacks Rank: 4 out of 31 in the industry
Gold Extends Losses, Tumbles to $1,788
Gold extended its losses Monday morning, with the spot price tumbling $39.92,
or 2.2%, to $1,787.76 per ounce as of 10:02am ET. Silver dropped alongside the
yellow metal, by $0.75, or 1.1%, to $40.61 per ounce. Precious metals stocks
retreated as well, with the Philadelphia Gold & Silver Index (XAU) down 1.2% to
213.35 in morning trading. The sell-off in precious metals coincided with a
decline in risk aversion and a broad-based rally in the equity markets. The Dow
Jones Industrial Average (DJIA) climbed 176.87 points, or 1.6%, to 11,461.41,
while the CBOE Volatility Index (VIX) fell 7.8% to 32.86.
or 2.2%, to $1,787.76 per ounce as of 10:02am ET. Silver dropped alongside the
yellow metal, by $0.75, or 1.1%, to $40.61 per ounce. Precious metals stocks
retreated as well, with the Philadelphia Gold & Silver Index (XAU) down 1.2% to
213.35 in morning trading. The sell-off in precious metals coincided with a
decline in risk aversion and a broad-based rally in the equity markets. The Dow
Jones Industrial Average (DJIA) climbed 176.87 points, or 1.6%, to 11,461.41,
while the CBOE Volatility Index (VIX) fell 7.8% to 32.86.
Top 10 Fastest-Growing Large Cap Stocks: LVS, BIDU, WYNN, WFT, MPC, GMCR, HK, EOG, ALXN, GG (Aug 29, 2011)
Below are the top 10 fastest-growing Large Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the 1st
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 57.0%. This number is based on the average estimate of
3 brokerage analyst(s). Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 2nd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 48.6%. This number is based on the average estimate of
15 brokerage analyst(s). Wynn Resorts, Limited (NASDAQ:WYNN) is the 3rd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 47.0%. This number is based on the average estimate of
6 brokerage analyst(s). Weatherford International Ltd. (NYSE:WFT) is the 4th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 46.9%. This number is based on the average estimate of
4 brokerage analyst(s). Marathon Petroleum Corp (NYSE:MPC) is the 5th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 41.8%. This number is based on the average estimate of
3 brokerage analyst(s). Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the
6th fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 41.2%. This number is based on the average estimate
of 6 brokerage analyst(s). Petrohawk Energy Corporation (NYSE:HK) is the 7th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 38.0%. This number is based on the average estimate of
8 brokerage analyst(s). EOG Resources, Inc. (NYSE:EOG) is the 8th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 36.5%. This number is based on the average estimate of
4 brokerage analyst(s). Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 9th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 35.4%. This number is based on the average estimate of
10 brokerage analyst(s). Goldcorp Inc. (USA) (NYSE:GG) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 33.8%. This number is based on the average estimate of
4 brokerage analyst(s).
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the 1st
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 57.0%. This number is based on the average estimate of
3 brokerage analyst(s). Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 2nd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 48.6%. This number is based on the average estimate of
15 brokerage analyst(s). Wynn Resorts, Limited (NASDAQ:WYNN) is the 3rd
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 47.0%. This number is based on the average estimate of
6 brokerage analyst(s). Weatherford International Ltd. (NYSE:WFT) is the 4th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 46.9%. This number is based on the average estimate of
4 brokerage analyst(s). Marathon Petroleum Corp (NYSE:MPC) is the 5th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 41.8%. This number is based on the average estimate of
3 brokerage analyst(s). Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the
6th fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 41.2%. This number is based on the average estimate
of 6 brokerage analyst(s). Petrohawk Energy Corporation (NYSE:HK) is the 7th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 38.0%. This number is based on the average estimate of
8 brokerage analyst(s). EOG Resources, Inc. (NYSE:EOG) is the 8th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 36.5%. This number is based on the average estimate of
4 brokerage analyst(s). Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 9th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 35.4%. This number is based on the average estimate of
10 brokerage analyst(s). Goldcorp Inc. (USA) (NYSE:GG) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 33.8%. This number is based on the average estimate of
4 brokerage analyst(s).
Apple Inc. (NASDAQ:AAPL) To Release HDTV?
It has been rumored that Apple Inc. (NASDAQ:AAPL) will release an HDTV by the
end of next year. Apple Inc. (NASDAQ:AAPL) To Release HDTV? Although the Mac
Maker previously entered the TV market with its Apple TV product, that
experiemtn was merely a set top box streaming online videos. It's rumoured
upcoming project Apple HDTV, is reportedly a complete device running on iOS,
which will be sure to ruffle feathers in the highly competitive television
sector. According to media reaction, Apple Inc. (NASDAQ:AAPL) is all set to
extend its success stories with the iPod, iPhone and iPad to the HDTV segment as
well. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 383.58. Price
History Last Price: 383.58 52 Week Low / High: 235.56 / 404.5 50 Day Moving
Average: 364.47 6 Month Price Change %: 10.2% 12 Month Price Change %: 59.6%
end of next year. Apple Inc. (NASDAQ:AAPL) To Release HDTV? Although the Mac
Maker previously entered the TV market with its Apple TV product, that
experiemtn was merely a set top box streaming online videos. It's rumoured
upcoming project Apple HDTV, is reportedly a complete device running on iOS,
which will be sure to ruffle feathers in the highly competitive television
sector. According to media reaction, Apple Inc. (NASDAQ:AAPL) is all set to
extend its success stories with the iPod, iPhone and iPad to the HDTV segment as
well. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 383.58. Price
History Last Price: 383.58 52 Week Low / High: 235.56 / 404.5 50 Day Moving
Average: 364.47 6 Month Price Change %: 10.2% 12 Month Price Change %: 59.6%
Precious Metals, Miners Lower with Full Slate of Data Ahead
Gold has been trading between $1,810 and $1,820 per ounce in early trading
Monday, having moved down from a peak just shy of $1,840 during electronic and
Asia-Pacific hours. Consumer spending rose more than expected in July,
increasing 0.8%, according to the Commerce Department. Personal income rose
slightly less than expected, increasing 0.3%. Spot gold was trading at $1,814.30
Bid, $1,815.30 Ask in Monday morning trading, having been fixed at $1,788 an
ounce in the London p.m. Spot silver was trading at $41.09 Bid, $41.19 Ask,
having hit a high of $41.28 and a low of $41.28. The London a.m. fix came in at
$41.06 per ounce, according to Kitco market data . Theres a full slate of
economic data on tap this week, and the country also is gauging the damage from
Hurricane Irene. Pending home sales info for June is due out tomorrow morning,
with the ADP August employment report, July factory orders, crude oil
inventories and Chicago PMI due out Wednesday. Weekly initial and continuing
jobless claims, the ISM Index, construction spending, and auto and truck sales
will be released Thursday. Fridays reports on August non-farm payrolls and
unemployment will cap the week. Also likely to have an impact on markets this
week is Eurozone Retail PMI, due out Tuesday, and a string of monthly PMI
releases on Thursday, kicking off with HSBCs report on Chinas PMI, and followed
by EU country PMIs. Turning to exchange trading, gold and silver trusts were
sharply lower. The SPDR Gold Trust (NYSE: GLD ) was down more than 2%. The
iShares Gold Trust (NYSE: IAU ) was 2.25% lower. The iShares Silver Trust (NYSE:
SLV ) was some 2% lower. Gold mining ETFs were down while the Global X Silver
Miners ETF was higher. The Market Vectors Gold Miners ETF (NYSE: GDX ) was
around 0.9% lower. The Market Vector Junior Gold Miners ETF (NYSE: GDXJ ) was
0.17% lower. The Global X Silver Miners ETF (NYSE: SIL ) was about 0.2% higher.
Shares of gold miners were broadly lower. Agnico-Eagle Mines (USA) (NYSE: AEM )
was down 0.65%. Barrick Gold Corp. (NYSE: ABX ) was about 0.4% lower. Goldcorp
(NYSE: GG ) was more than 1.1% lower. Newmont Mining Corp. (NYSE: NEM ) was down
more than 0.5%. NovaGold Resources (USA) (AMEX: NG ) was flat. Silver mining
shares also were moving lower early Monday. Coeur dAlene Mines Corp. (NYSE: CDE
) was 1.25% higher. Hecla Mining (NYSE: HL ) was 1.3% lower. Pan American Silver
Corp. (USA) (NASDAQ: PAAS ) was down more than 0.2%. Silver Wheaton Corp. (USA)
(NYSE: SLW ) was around 1.5% lower. Silver Standard Resources Inc. (USA)
(NASDAQ: SSRI ) was down 0.25%. The author does not hold positions in any of the
above-mentioned investments.
Monday, having moved down from a peak just shy of $1,840 during electronic and
Asia-Pacific hours. Consumer spending rose more than expected in July,
increasing 0.8%, according to the Commerce Department. Personal income rose
slightly less than expected, increasing 0.3%. Spot gold was trading at $1,814.30
Bid, $1,815.30 Ask in Monday morning trading, having been fixed at $1,788 an
ounce in the London p.m. Spot silver was trading at $41.09 Bid, $41.19 Ask,
having hit a high of $41.28 and a low of $41.28. The London a.m. fix came in at
$41.06 per ounce, according to Kitco market data . Theres a full slate of
economic data on tap this week, and the country also is gauging the damage from
Hurricane Irene. Pending home sales info for June is due out tomorrow morning,
with the ADP August employment report, July factory orders, crude oil
inventories and Chicago PMI due out Wednesday. Weekly initial and continuing
jobless claims, the ISM Index, construction spending, and auto and truck sales
will be released Thursday. Fridays reports on August non-farm payrolls and
unemployment will cap the week. Also likely to have an impact on markets this
week is Eurozone Retail PMI, due out Tuesday, and a string of monthly PMI
releases on Thursday, kicking off with HSBCs report on Chinas PMI, and followed
by EU country PMIs. Turning to exchange trading, gold and silver trusts were
sharply lower. The SPDR Gold Trust (NYSE: GLD ) was down more than 2%. The
iShares Gold Trust (NYSE: IAU ) was 2.25% lower. The iShares Silver Trust (NYSE:
SLV ) was some 2% lower. Gold mining ETFs were down while the Global X Silver
Miners ETF was higher. The Market Vectors Gold Miners ETF (NYSE: GDX ) was
around 0.9% lower. The Market Vector Junior Gold Miners ETF (NYSE: GDXJ ) was
0.17% lower. The Global X Silver Miners ETF (NYSE: SIL ) was about 0.2% higher.
Shares of gold miners were broadly lower. Agnico-Eagle Mines (USA) (NYSE: AEM )
was down 0.65%. Barrick Gold Corp. (NYSE: ABX ) was about 0.4% lower. Goldcorp
(NYSE: GG ) was more than 1.1% lower. Newmont Mining Corp. (NYSE: NEM ) was down
more than 0.5%. NovaGold Resources (USA) (AMEX: NG ) was flat. Silver mining
shares also were moving lower early Monday. Coeur dAlene Mines Corp. (NYSE: CDE
) was 1.25% higher. Hecla Mining (NYSE: HL ) was 1.3% lower. Pan American Silver
Corp. (USA) (NASDAQ: PAAS ) was down more than 0.2%. Silver Wheaton Corp. (USA)
(NYSE: SLW ) was around 1.5% lower. Silver Standard Resources Inc. (USA)
(NASDAQ: SSRI ) was down 0.25%. The author does not hold positions in any of the
above-mentioned investments.
The Next Step for Gold
Last week, gold junkies learned a lesson of the inevitable. Trends that turn
parabolic are simply unsustainable. Nothing not even gold can defy gravity
indefinitely. While picking the top of a steep uptrend is frustratingly
difficult, it is not difficult to anticipate that the correction will be steep
once it finally arrives. Such was the case with the crazy run in silver once it
finally caved in April, and such has been the case with countless other
parabolic runs. That said, I suspect the current retracement in gold, and the
related SPDR Gold Shares (NYSE: GLD ) exchange-traded fund will be much less
severe than silver's correction. If nothing else, the recent developments in
GLD illustrate the importance of using a stop-loss when you're chasing a
commodity as overextended as GLD was before the correction. So what's next for
GLD? As is customary for charting enthusiasts, we can look to the past to get a
better idea of what the future may hold. How has GLD reacted after other
high-volume corrections? As shown in the chart below, the last three corrections
on elevated volume signaled a shift in momentum. Rather than bouncing back
strong and surging quickly to new highs, GLD entered a consolidation. Given the
gargantuan gains GLD has captured over the past month, it's easy to argue the
need for some digestion. While we may see a minor bounceback over the coming
days, I would be very surprised if we surge to new highs anytime soon. As
we've seen in the past, it usually takes time to heal a high-volume
correction. Source: MachTrader At the time of this writing, Tyler Craig had no
positions on GLD.
parabolic are simply unsustainable. Nothing not even gold can defy gravity
indefinitely. While picking the top of a steep uptrend is frustratingly
difficult, it is not difficult to anticipate that the correction will be steep
once it finally arrives. Such was the case with the crazy run in silver once it
finally caved in April, and such has been the case with countless other
parabolic runs. That said, I suspect the current retracement in gold, and the
related SPDR Gold Shares (NYSE: GLD ) exchange-traded fund will be much less
severe than silver's correction. If nothing else, the recent developments in
GLD illustrate the importance of using a stop-loss when you're chasing a
commodity as overextended as GLD was before the correction. So what's next for
GLD? As is customary for charting enthusiasts, we can look to the past to get a
better idea of what the future may hold. How has GLD reacted after other
high-volume corrections? As shown in the chart below, the last three corrections
on elevated volume signaled a shift in momentum. Rather than bouncing back
strong and surging quickly to new highs, GLD entered a consolidation. Given the
gargantuan gains GLD has captured over the past month, it's easy to argue the
need for some digestion. While we may see a minor bounceback over the coming
days, I would be very surprised if we surge to new highs anytime soon. As
we've seen in the past, it usually takes time to heal a high-volume
correction. Source: MachTrader At the time of this writing, Tyler Craig had no
positions on GLD.
Google Alert - gas prices today
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| Gas Prices Up Nearly 30 Cents From Friday Patch.com By Sheri Gassaway The 7-Eleven at 9866 Manchester Rd. in Rock Hill is charging $3.47 for a gallon of gas today. Tim Rowden Friday's lowest price per gallon of $3.19 is no more. The lowest gas price in the area today is $3.46 a gallon, as reported on ... See all stories on this topic » | ||
| Five Things You Need to Know Today: Aug. 29 Patch.com By Daniel Lai We've got weather, gas prices and some suggestions on how to spend your day. The National Weather Service predicts mostly sunny skies with a high near 79 degrees. Tonight it will be partly cloudy, with a low around 56 degrees. ... See all stories on this topic » |
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Google Alert - antiques coin
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| The Secret Lives of Metal-Detector Hunters Wired It's not uncommon for hunters to find valuable jewelry and antiques. ... "People don't realize the 'psych' value when you dig up a gold coin or a silver ... |
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Todays Dow Jones DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Money Profit Finance Investing News Overview Today
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dow2664 The major stock market index composites finished on top last week and investors on Wall Street hope to see similar trends continue this trading week. All three primary composites closed out the last trading session green in the U.S. The Dow Jones Industrial Average was green by 1.21 percent at 11,284.54. The Nasdaq closed green by 2.49 percent at 2,479.85. The S&P 500 closed out the session green by 1.51 percent at 1,176.80. All three indices finished off the last week on top overall for the first time in several weeks. Federal Reserve Chairman Ben Bernanke closed out last week by stating that the central bank would consider ways to address concerns relevant to economic progress in the U.S. He stopped short of offering QE3 which initially disappointed some. It will be interesting to see how investors respond after having the weekend to process the information further. The schedule this week is a busy one. Om Monday, the Commerce Department will post income and spending data. On Tuesday, the S&P Case Schiller Home Price Index for June will post. Expectations are negative for this report. In addition Tuesday, the Conference Board will release consumer confidence data. Again, expectations for this data are negative. Scheduled for Wednesday will be the Chicago Purchasing Managers Index from the Institute for Supply Management. A reading above 50 is considered a positive sign, but hopes are fading that a reading above this level will be observed. Factory orders for July will post this day as well. Also on Wednesday, payroll data will post via the ADP National Employment report. Thursday will bring about the ISM Manufacturing Index for August, Auto Sales data from major manufacturers, July’s construction spending data and initial jobless claims. The trading week will wrap up with the August jobs report from the Labor Department on Friday. The unemployment rate is expected to hold at 9.1 percent. Frank Matto
Casino Stock Melco Crown Is About to Crap Out
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tdp2664 InvestorPlace Macau casino operators had a very strong first half in 2011 as net profits tripled. Melco Crown Entertainment ( NASDAQ : MPEL ) reported first half earnings August 23 that were 273% higher. It sees further good news ahead. Analysts love its stock. Eleven give it at least a "buy" rating and none believes it's a "sell." But Melco Crown stock is off about 21% in the last month, showing the the casino operator may not have a hand full of aces. Besides, when analysts are this bullish, on MPEL stock it’s a sign to get nervous. Here are three reasons why analysts are wrong and Melco Crown stock is about to crap out. Mainland China Scrutiny Macau depends on the mainland for its very existence. Approximately 31% of its casino revenue is from visiting Chinese government officials or senior managers of state-run companies. Recent stock market unrest has sent casino stocks tumbling as concerns about a global economic slowdown have become very real. If China's economy hits the skids, there's no way these high rollers are making the trek to the special administrative region and making big bets. Recently, the mayor of a small town in China lost $12 million at the tables, most of it government funds, and scrutiny has been focused on MPEL as a result. The mayor went to prison for 20 years, and mainland China is clearly concerned about future occurrences during an economic slowdown. Lack of Diversification However, perhaps a bigger elephant in the room is China's financial situation, which many believe is a house of cards on the verge of collapse. If this happens, Melco Crown is going to wish it had a little more diversification and Macau is going to rue the day it became so reliant on gambling. Macau gets 40% of every gambling dollar generated at the 34 casinos in its jurisdiction. In the first half of 2011, it brought in $6.2 billion ($15.5 billion multiplied by 40%) and looks to rake in another $7.4 billion in the second half of the year. The 2011 estimate for gambling revenue in the region is $34.1 billion, which is five to six times greater than the entire Las Vegas strip.Analysts believe that Singapore, with just two resorts open, albeit large ones, is now in second place ahead of Las Vegas. While business in Macau looks very promising presently, the tide can turn very quickly. Melco Crown's three casinos hold a 16% market share, third best in the region behind Galaxy Entertainment Group at 19% and SJM Holdings at 28%. The remaining three players include Wynn Resorts ( NASDAQ : WYNN ), Las Vegas Sands (NYSE: LVS ) and MGM Resorts (NYSE: MGM ). It's an extremely competitive field and Steve Wynn and Sheldon Adelson don't like to lose. Melco Crown shareholders might want to ponder the fact it generates 100% of its adjusted property EBITDA from its three Macau casinos, which compares to 77% for Wynn Resorts and 57% for Las Vegas Sands. Adelson's baby generates revenue from the top three gambling markets in the world providing it with excellent diversification. If Macau falters, Las Vegas Sands gets hurt – but Melco Crown flirts with bankruptcy. MPEL Graham Number is Ugly Some of you are probably familiar with the “Graham number,” the quick calculation value icon Ben Graham used to weed out stocks. The simplest version multiplies 22.5 by the trailing 12-month earnings per share and once again by the trailing 12-month book value per share. The square root of that number is the theoretical fair value. It's not perfect by any means but it gives you a decent idea. In fairness, I'm not going to use Melco Crown's trailing 12-month numbers, which aren't stellar. Instead, I'll take the analyst's consensus for December 2012 of 52 cents and a trailing 12-month book value per share that's inflated by 52% to reflect the increase in earnings. I'm being generous on both fronts because I'm upping the earnings per share figure by 32 cents and the book value per share by 52% when the real increase will be around 10%. Doing so, I get a fair value of $9.33, far below its current price of
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