In late 2008 and early 2009, the stock market and American economy were
undergoing tremendous upheavals. Bear Stearns and Lehman Brothers had collapsed,
and the financial system was in disarray. Washington bailed out automakers and
pledged nearly $800 billion in stimulus funds. Unemployment went from 5% to over
9% in less than a year. Those were scary times. And for many investors, we are
seemingly on the cusp of another market shock that could be equally severe. Now,
the burden of big debts could bankrupt Greece and break up the entire euro zone.
Now, President Barack Obama has proposed another $400 billion to jump-start
hiring as unemployment remains stuck at 9%. Banks still are battered, consumers
are spooked and the market is taking us for a white-knuckle ride again. How can
investors protect themselves? And what lessons did we learn from the previous
crash? One important fact to acknowledge right out of the gate is that market
timing is tremendously different than market hindsight. Yes, if you went to cash
in May 2008 as the market peaked and sat out until the dust settled, you could
have avoided a tremendous loss. And yes, if you had the expertise and foresight
to spot the bottom in March 2009, you would have enjoyed the 60% run for the
major indices across the next nine months. But be realistic. Hanging your
retirement funds on two calls like that is a dangerous business. Rather than
deciding when to stomp on the gas or slam on the brakes, I believe long-term
investors are better served by remaining invested and simply getting defensive
in times of turmoil. By focusing on stocks that weather the downturn better than
the rest of the market, you can limit your losses and still share in the
recovery when things stabilize. Think that's impossible? Well here are here
are five blue chips that both weathered the financial crisis much better than
their peers and managed to rally strongly off the market lows. It's realistic
to think that in the even of another crash, they would hang tough yet again. IBM
5/1/08 to 5/1/09 return: -19% vs. -36% for the Dow 5/1/08 to present: +36% vs.
-12% for the Dow While "Web 2.0" companies are garnering much of the
attention and tech laggards like Cisco (NASDAQ: CSCO ) and Microsoft (NASDAQ:
MSFT ) are the butt of many jokes, one of the oldest tech stocks is one of the
sector's best performers during the past few years. IBM (NYSE: IBM ) is up
handily since May 2008, even though the market remains in rough shape. Big Blue
still is picking up steam, too, with blowout Q2 earnings in July that boasted
big EPS and revenue gains along with strength in all four divisions technology
services, business services, software and systems. It's a high-tech world, and
IBM continues to be a mainstay for many businesses even as the economy remains
largely sluggish. Visa 5/1/08 to 5/1/09 return: -12% vs. -36% for the Dow 5/1/08
to present: +27% vs. -12% for the Dow Lest you think Visa (NYSE: V ) is a
financial stock stuck in the mire with the big banks, investors should remember
that this credit and debit card brand is a processor of payments not a lender.
It makes its money by moving other people's money around. And as online bill
paying and mobile payments surge in the developed world and emerging markets
turn to plastic instead of cash to pay for goods and services, Visa is seeing
extraordinary growth. Total electronic payments have risen more than 30% in the
past two years. That growth helped Visa hang tough amid the market mayhem of
2008-09. And since the news that regulators wouldn't strangle Visa's revenue
stream with a draconian cap on debit card fees, the stock has been surging in
2011 up almost 25% year-to-date.
Tuesday, September 13, 2011
S&P 500 Barely Up as Best Buy Staggers
The Standard & Poors 500 Index gained only two points in Tuesdays morning
session to reach 1,164. Poor results from Best Buy (NYSE: BBY ) were holding
back consumer stocks. Concerns about economic growth continued to be a lag on
energy shares. Advancing stocks outnumbered declining stocks by an almost 2-to-1
ratio. Bullish and bearish sentiment was evenly split. The S&P is flat for the
past five days of trading while being down more than 7.3% for the year. Cummins
Inc. (NYSE: CMI ) rose by more than $6, or about 7%, to over $93 per share to
lead the S&P early in the day. The engine maker told analysts this morning that
it expects strong profits for 2011, and Wall Street responded accordingly.
Cummins is down about 5% for the month and more than 20% for the past six
months. Comerica (NYSE: CMA ) also was taking the S&P higher, rising more than
5.5% to over $24, picking up more than $1.25 per share. Comerica was able to
extricate itself from a bad investment in a project in Fort Lauderdale, Fla.,
though it sold at an 80%-plus loss. The bank recently was upgraded by Compass
Point. Comerica is down more than 3% for the week and about 40% for the year.
Continuing its rally was Micron Technology (NASDAQ: MU ), up by about 2.2% and
20 cents to over $6.90. For the week, Micron Technology is higher by more than
21%, but the stock is down more than 35% for the past six months. Poor
second-quarter numbers had Best Buy under $23, losing around $2, or 8%, in
morning action. Best Buy reported a drop in net income of 30% for the second
quarter, worse than the analyst community expected. Best Buy still is up almost
4% for the week but is down more than 26% for the year. Whole Foods Market
(NASDAQ: WFM ) was off by more than 70 cents, or about 1%, to around $64.95. An
analyst note from Jefferies expressed concerns about Whole Foods maintaining
profits as consumers become more price sensitive. Whole Foods is up more than 4%
for the week, 14% for the month, 20% for the quarter and almost 90% for the
year. There is a short float now of 3.3% for Whole Foods. Cabot Oil & Gas (NYSE:
COG ) fell below $69 per share in early buying and selling, dropping about 90
cents, or 1.22%. Capital One downgraded Cabot Oil & Gas on Tuesday morning. The
energy company now is off by more than 6% for the week, but its up more than
138% for the year. Jonathan Yates does not own any of the stocks mentioned in
this article.
session to reach 1,164. Poor results from Best Buy (NYSE: BBY ) were holding
back consumer stocks. Concerns about economic growth continued to be a lag on
energy shares. Advancing stocks outnumbered declining stocks by an almost 2-to-1
ratio. Bullish and bearish sentiment was evenly split. The S&P is flat for the
past five days of trading while being down more than 7.3% for the year. Cummins
Inc. (NYSE: CMI ) rose by more than $6, or about 7%, to over $93 per share to
lead the S&P early in the day. The engine maker told analysts this morning that
it expects strong profits for 2011, and Wall Street responded accordingly.
Cummins is down about 5% for the month and more than 20% for the past six
months. Comerica (NYSE: CMA ) also was taking the S&P higher, rising more than
5.5% to over $24, picking up more than $1.25 per share. Comerica was able to
extricate itself from a bad investment in a project in Fort Lauderdale, Fla.,
though it sold at an 80%-plus loss. The bank recently was upgraded by Compass
Point. Comerica is down more than 3% for the week and about 40% for the year.
Continuing its rally was Micron Technology (NASDAQ: MU ), up by about 2.2% and
20 cents to over $6.90. For the week, Micron Technology is higher by more than
21%, but the stock is down more than 35% for the past six months. Poor
second-quarter numbers had Best Buy under $23, losing around $2, or 8%, in
morning action. Best Buy reported a drop in net income of 30% for the second
quarter, worse than the analyst community expected. Best Buy still is up almost
4% for the week but is down more than 26% for the year. Whole Foods Market
(NASDAQ: WFM ) was off by more than 70 cents, or about 1%, to around $64.95. An
analyst note from Jefferies expressed concerns about Whole Foods maintaining
profits as consumers become more price sensitive. Whole Foods is up more than 4%
for the week, 14% for the month, 20% for the quarter and almost 90% for the
year. There is a short float now of 3.3% for Whole Foods. Cabot Oil & Gas (NYSE:
COG ) fell below $69 per share in early buying and selling, dropping about 90
cents, or 1.22%. Capital One downgraded Cabot Oil & Gas on Tuesday morning. The
energy company now is off by more than 6% for the week, but its up more than
138% for the year. Jonathan Yates does not own any of the stocks mentioned in
this article.
Gold Price Closed Today at $1,826.80 up $16.90 or 0.9%
Gold Price Close Today : 1,826.80 Change : 16.90 or 0.9% Silver Price Close
Today : 41.12 Change : .96 or 2.3% Platinum Price Close Today : 1,813.50 Change
: 4.10 or 0.2% Palladium Price Close Today : 727.00 Change : 16.75 or 2.3% Gold
Silver Ratio Today : 44.43 Change : -0.64 or 0.99% Dow Industrial : 11,105.85
Change : 44.73 or 0.4% US Dollar Index : 77.11 Change : -0.04 or -0.1% Important
Note: Franklin Sanders is on vacation until the 19th of September. Franklin's
parting commentary can be viewed here :
http://silver-and-gold-prices.goldprice.org/2011/09/gold-and-silver-prices-today-proved.html
Today : 41.12 Change : .96 or 2.3% Platinum Price Close Today : 1,813.50 Change
: 4.10 or 0.2% Palladium Price Close Today : 727.00 Change : 16.75 or 2.3% Gold
Silver Ratio Today : 44.43 Change : -0.64 or 0.99% Dow Industrial : 11,105.85
Change : 44.73 or 0.4% US Dollar Index : 77.11 Change : -0.04 or -0.1% Important
Note: Franklin Sanders is on vacation until the 19th of September. Franklin's
parting commentary can be viewed here :
http://silver-and-gold-prices.goldprice.org/2011/09/gold-and-silver-prices-today-proved.html
Making Sense of Cirrus Logic
Fortune has released its list of the eight fastest-growing technology
companies. Second on the list is Cirrus Logic (NASDAQ: CRUS ), which enjoyed
340% annualized earnings per share growth, thanks largely to its audio
controller chips that account for 70% of its revenues. But does rapid EPS growth
mean Cirrus Logic stock
companies. Second on the list is Cirrus Logic (NASDAQ: CRUS ), which enjoyed
340% annualized earnings per share growth, thanks largely to its audio
controller chips that account for 70% of its revenues. But does rapid EPS growth
mean Cirrus Logic stock
Should You Buy the Dow: Alcoa
Today, Ill look at Alcoa (NYSE: AA ), the venerable company known for aluminum
products since 1888. Alcoa operates in four segments: Alumina, Primary Metals,
Flat-Rolled Products, and Engineered Products and Solutions. The Alumina segment
engages in mining of bauxite, which then is refined into alumina. The Primary
Metals segment produces aluminum. The Flat-Rolled Products segment engages in
the production and sale of aluminum plate, sheet and foil. The Engineered
Products and Solutions segment produces and sells titanium, aluminum and super
alloy investment castings, hard alloy extrusions, forgings and fasteners,
aluminum wheels, integrated aluminum structural systems, and architectural
extrusions. One of the key driving factors regarding Alcoa is the price of
aluminum, which is tied to multiple economic crosscurrents affecting supply and
demand. So, serious investors should do their due diligence in this area. If you
are considering investment in Alcoa, you are banking on one primary assumption:
that the world will continue to use aluminum. Most analysts in the arena not
only believe the answer is affirmative, but agree with Novelis Chief Strategy
Officer Erwin Mayr that aluminum usage will grow . Indeed, stock analysts
looking out five years on Alcoa see annualized earnings growth at an astonishing
36.4%, with the primary driver being net income soaring 125% over last year.
Beyond that, analysts project 14% growth annually thereafter. At a stock price
of $11.50, on FY 2011 earnings of $1.21, the stock presently trades at a P/E of
9.5. There are no competitors to which we can truly compare Alcoa. So, at first
glance, Alcoa appears undervalued on both a near-term and longer-term basis. We
always want to look at financials, though. The company carries $1.26 billion in
cash and $8.77 billion in debt at an interest rate of about 6.2%. Trailing
12-month cash flow was $1.36 billion, so the debt service is no problem. The
company also had three times the amount of free cash flow necessary to pay its
1% dividend. So Alcoa appeara to be on solid footing financially. There have
been three insider purchases of about 12,500 shares in the past year. Thats not
a huge endorsement, but it is better than nothing. Conclusion Placing a 14 P/E
on Alcoa, with projected 2015 earnings of $2.04 per share, gives us a price
target of $28. Alcoa certainly looks cheap today, too, giving a margin of error
on that 14% growth rate. That margin of error is large enough that retirement
accounts arent exposed to significant capital depreciation risk. I believe Alcoa
is a buy for regular accounts. I believe Alcoa is a buy for retirement accounts.
Lawrence Meyers does not own shares of Alcoa.
products since 1888. Alcoa operates in four segments: Alumina, Primary Metals,
Flat-Rolled Products, and Engineered Products and Solutions. The Alumina segment
engages in mining of bauxite, which then is refined into alumina. The Primary
Metals segment produces aluminum. The Flat-Rolled Products segment engages in
the production and sale of aluminum plate, sheet and foil. The Engineered
Products and Solutions segment produces and sells titanium, aluminum and super
alloy investment castings, hard alloy extrusions, forgings and fasteners,
aluminum wheels, integrated aluminum structural systems, and architectural
extrusions. One of the key driving factors regarding Alcoa is the price of
aluminum, which is tied to multiple economic crosscurrents affecting supply and
demand. So, serious investors should do their due diligence in this area. If you
are considering investment in Alcoa, you are banking on one primary assumption:
that the world will continue to use aluminum. Most analysts in the arena not
only believe the answer is affirmative, but agree with Novelis Chief Strategy
Officer Erwin Mayr that aluminum usage will grow . Indeed, stock analysts
looking out five years on Alcoa see annualized earnings growth at an astonishing
36.4%, with the primary driver being net income soaring 125% over last year.
Beyond that, analysts project 14% growth annually thereafter. At a stock price
of $11.50, on FY 2011 earnings of $1.21, the stock presently trades at a P/E of
9.5. There are no competitors to which we can truly compare Alcoa. So, at first
glance, Alcoa appears undervalued on both a near-term and longer-term basis. We
always want to look at financials, though. The company carries $1.26 billion in
cash and $8.77 billion in debt at an interest rate of about 6.2%. Trailing
12-month cash flow was $1.36 billion, so the debt service is no problem. The
company also had three times the amount of free cash flow necessary to pay its
1% dividend. So Alcoa appeara to be on solid footing financially. There have
been three insider purchases of about 12,500 shares in the past year. Thats not
a huge endorsement, but it is better than nothing. Conclusion Placing a 14 P/E
on Alcoa, with projected 2015 earnings of $2.04 per share, gives us a price
target of $28. Alcoa certainly looks cheap today, too, giving a margin of error
on that 14% growth rate. That margin of error is large enough that retirement
accounts arent exposed to significant capital depreciation risk. I believe Alcoa
is a buy for regular accounts. I believe Alcoa is a buy for retirement accounts.
Lawrence Meyers does not own shares of Alcoa.
Rent A Center Deals; RCII Google Stock Quote Rent A Center Green; Stock Market Shares; DJIA Index DJX DJI Close review
XCSFDHG46767FHJHJF
dow2664 Rent A Center share value moved higher during the day as did other indicators. The primary index composites rallied in the U.S. today as they followed the global market indicators higher. Worries in the eurozone receded a bit today and with the recession came a boost of investor confidence. Global market indicators rose in France, Britain and Germany. Market indicators in these regions pushed into the green and this action helped stock indicators in the U.S. move into positive territory as the day’s session was wrapping up. Investors are generally still worried about the Greek default but rumors of additional financial support via China are helping put some anxieties to bed temporarily. The confidence boost is likely going to be short lived and the fear trade is likely to resume. We can see choppy trends already this week as investors try to process and predict, but are unsure of market direction. Regardless of what is to come, the primary U.S. indices managed to finish off the day green today. Just minutes prior to official close, the Dow Jones was higher by over 45 points at 11,106.38. The Nasdaq was higher by over 37 points at 2,533 and the S&P 500 was green by over 10 points at 1,174. Individual company share values did better today as well. Rent A Center Inc. stock finished the day in the green by 1.30 percent 27.95 as close was finalizing. Previous close for RCII was 27.59 according to google finance. Rent a Center is rent to own and during a time when many can’t afford to buy straight-up, rent a center is offering a service that many can’t avoid. Frank Matto
Todays Dow Jones DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Close Review Today
XCSFDHG46767FHJHJF
dow2664 The primary index composites spent the majority of this week’s opening session struggling to find positive ground but did so in the final hour yesterday. The Dow Jones , Nasdaq and S&P 500 all turned green just prior to last session close. Prior to opening bell this morning, stocks were positioned for the lower open. Futures for all three indices were posting red across the majority of the tracking boards this morning. The Dow Jones futures posting lower by almost 100 points. Mid-Day analysis revealed a bit of a rebound for stock indices in the U.S. The Nasdaq and S&P 500 was green at this point and the Dow Jones was still just under break-even for the day. By the end of day close for Tuesday’s session, all three indices were traveling in positive territory. The worry over the credit crisis in the eurozone marketplace receded today and with that, world market indices did better. Britain’s FTSE 100 closed higher by .9 percent. France’s CAC 40 closed higher by 1.41 percent and the DAX in Germany closed higher by 1.85 percent. The U.S. indices followed and as the today’s session approached close, the primary indices were above break-even. Asian market indices ended their session mixed today. The dollar strengthened versus the British pound and the euro today and gold futures moved higher. The Dow Jones was higher by 57 points at 11,119 as close approached today. The Nasdaq was higher by over 40 points as official close approached and the S&P 500 was higher by over 10 points just minutes prior to official close for today. Frank Matto
Behind the Fed's Decision to Hold Rates Low Until 2013
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Behind the Fed's Decision to Hold Rates Low Until 2013 Minyanville.com – 20 minutes ago By Marty Kulas Sep 13, 2011 4:20 pm When the Fed released its statement about the decision to keep interest rates low, many were disappointed to see that the committee had painted itself into a …
Gold Climbs to $1,840, Silver Regains $41
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver futures rebounded from yesterday’s losses amid a broad-based rally in the commodities complex. COMEX gold for December 2011 delivery settled higher by $16.80, or 0.9%, at $1,830.10 per ounce.
MediSwipe Inc Shares Soar On Heavy Volume
XCSFDHG46767FHJHJF
tdp2664 Epic Stock Picks MediSwipe Inc (OTC:MWIP) a merchant payment solutions and financial product services, to the medical health care industry and its subsidiary 800 Commerce Inc., today announced that a new merchant services agreement of more than 8 million was entered into in September. shares of MWIP soar 100% to $0.0086. The new merchant processing agreement included wellness centers, e-commerce and high risk merchant accounts. Under the agreements, both MediSwipe and 800 Commerce would provide merchant services, gift/ loyalty cards and personal digitized healthcare records to the new merchant network. The Company would also update shareholders on the exact filing date of the 800 Commerce Spin-off and dividend share within the next few days. The company’s monthly profit margin amounted to 1%-3% on gross processing volume. About MediSwipe Inc. MediSwipe Inc. offers a secure and reliable transaction processing and security solutions for the medical and healthcare industries, by using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) payment solutions. The Company also offers digitized personal health records in conjunction with Industry Alliance Partners. It provides reliable merchant payment solutions and closed loop pre-paid stored value and loyalty cards as a unique cash alternative to the regulated and e-commerce businesses those specializing in the healthcare sector.
Microsoft Corporation (NASDAQ:MSFT) And Google Could Fragment Smart Phone Market
Analysts have reported that Microsoft Corporation (NASDAQ:MSFT) and Google
could spark smart phone fragmentation. Microsoft Corporation (NASDAQ:MSFT) And
Google Could Fragment Smart Phone Market The recent patent battles between the
giants has caused a number of issues to hardware manufacturers who build the
devices for them, and if competition and troubles continue then it could push
make them turn to alternate solutions like WebOs, which may lead to further
fragmentation in the industry, analysts said. Many companies are worried about
their sales, as patent disputes could put their sales on hold in many countries.
Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.89 at the end of the last days
trading. Theres been a 8.6% change in the stock price over the past 3 months.
Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.71 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks
Rank: Error in the industry
could spark smart phone fragmentation. Microsoft Corporation (NASDAQ:MSFT) And
Google Could Fragment Smart Phone Market The recent patent battles between the
giants has caused a number of issues to hardware manufacturers who build the
devices for them, and if competition and troubles continue then it could push
make them turn to alternate solutions like WebOs, which may lead to further
fragmentation in the industry, analysts said. Many companies are worried about
their sales, as patent disputes could put their sales on hold in many countries.
Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.89 at the end of the last days
trading. Theres been a 8.6% change in the stock price over the past 3 months.
Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.71 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks
Rank: Error in the industry
Google Inc. (NASDAQ:GOOG) Next Android Update: Jelly Bean
Google Inc. (NASDAQ:GOOG) has started working on its next Android update,
codenamed Jelly Bean. Google Inc. (NASDAQ:GOOG) Next Android Update: Jelly Bean
It has been reported that the latest update being developed by the search engine
giant will offer a number of cool features that were originally slated for the
Ice Cream Sandwich version of the mobile operating system. Although no official
confirmation from Google Inc. (NASDAQ:GOOG) has come yet, reports from many
sources say that the company will unveil 'game-changing-stuff' with the
upcoming update. Google Inc. (NASDAQ:GOOG) shares were at 530.12 at the end of
the last days trading. Theres been a 3.0% change in the stock price over the
past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion:
Moderate Buy Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months
Ago: 1.28 Zacks Rank: Error in the industry
codenamed Jelly Bean. Google Inc. (NASDAQ:GOOG) Next Android Update: Jelly Bean
It has been reported that the latest update being developed by the search engine
giant will offer a number of cool features that were originally slated for the
Ice Cream Sandwich version of the mobile operating system. Although no official
confirmation from Google Inc. (NASDAQ:GOOG) has come yet, reports from many
sources say that the company will unveil 'game-changing-stuff' with the
upcoming update. Google Inc. (NASDAQ:GOOG) shares were at 530.12 at the end of
the last days trading. Theres been a 3.0% change in the stock price over the
past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion:
Moderate Buy Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months
Ago: 1.28 Zacks Rank: Error in the industry
Top 10 U.S.-Listed Chinese Stocks with Most Analyst Upgrades: PWRD, SINA, YGE, TSL, MPEL, VIT, EJ, BIDU, GAME, FMCN (Sep 13, 2011)
Below are the top 10 U.S.-listed Chinese stocks with most analyst upgrades in
the past four weeks. Sentiment on these stocks is turning more positive. Perfect
World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 1st most analyst upgrades in the
past four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The
stock is rated positively by 15 of the 19 analysts covering it. SINA Corporation
(USA) (NASDAQ:SINA) has the 2nd most analyst upgrades in the past four weeks. It
was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 11 of the 25 analysts covering it. Yingli Green Energy Hold. Co.
Ltd. (ADR) (NYSE:YGE) has the 3rd most analyst upgrades in the past four weeks.
It was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 10 of the 25 analysts covering it. Trina Solar Limited (ADR)
(NYSE:TSL) has the 4th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 23 of the 32 analysts covering it. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) has the 5th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 14 of the 17 analysts covering it. VanceInfo Technologies Inc.(ADR)
(NYSE:VIT) has the 6th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 11 of the 15 analysts covering it. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) has the 7th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 5 of the 8 analysts covering it. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the
8th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage
analyst(s) in this period. The stock is rated positively by 27 of the 31
analysts covering it. Shanda Games Limited(ADR) (NASDAQ:GAME) has the 9th most
analyst upgrades in the past four weeks. It was upgraded by 1 brokerage
analyst(s) in this period. The stock is rated positively by 11 of the 18
analysts covering it. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) has the
10th most analyst upgrades in the past four weeks. It was upgraded by 1
brokerage analyst(s) in this period. The stock is rated positively by 10 of the
11 analysts covering it.
the past four weeks. Sentiment on these stocks is turning more positive. Perfect
World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 1st most analyst upgrades in the
past four weeks. It was upgraded by 3 brokerage analyst(s) in this period. The
stock is rated positively by 15 of the 19 analysts covering it. SINA Corporation
(USA) (NASDAQ:SINA) has the 2nd most analyst upgrades in the past four weeks. It
was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 11 of the 25 analysts covering it. Yingli Green Energy Hold. Co.
Ltd. (ADR) (NYSE:YGE) has the 3rd most analyst upgrades in the past four weeks.
It was upgraded by 3 brokerage analyst(s) in this period. The stock is rated
positively by 10 of the 25 analysts covering it. Trina Solar Limited (ADR)
(NYSE:TSL) has the 4th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 23 of the 32 analysts covering it. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) has the 5th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 14 of the 17 analysts covering it. VanceInfo Technologies Inc.(ADR)
(NYSE:VIT) has the 6th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 11 of the 15 analysts covering it. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) has the 7th most analyst upgrades in the past four weeks. It was
upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively
by 5 of the 8 analysts covering it. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the
8th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage
analyst(s) in this period. The stock is rated positively by 27 of the 31
analysts covering it. Shanda Games Limited(ADR) (NASDAQ:GAME) has the 9th most
analyst upgrades in the past four weeks. It was upgraded by 1 brokerage
analyst(s) in this period. The stock is rated positively by 11 of the 18
analysts covering it. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) has the
10th most analyst upgrades in the past four weeks. It was upgraded by 1
brokerage analyst(s) in this period. The stock is rated positively by 10 of the
11 analysts covering it.
5 Smokin’ Hot High-Yield Stocks
The market at large isn't looking too steady these days. The bias in favor of
sellers has many investors feeling nervous enough to want to settle things down
by any means necessary. Well, my advice is to just relax and light up a
cigarette. No, I don't mean this literally although I find myself sympathetic
to smokers given all of the self-ordained behavior police groups running around
trying to restrict personal freedoms. What I am referring to here is giving your
portfolio a little tobacco-infused yield. You see, it might not be politically
correct to use tobacco products and particularly cigarettes here in urban
America, but that bias isn't nearly as prevalent in the emerging market
nations. In fact, tobacco companies have seen some fantastic profits of late, as
millions of people take up the habit around the globe. Those profits have
translated into some big gains in share price, and some very hefty dividends.
Here are five smokin' hot high-yield stocks that could add some fire to your
portfolio. Philip Morris International Yield: 3.93% Year-to-date gain: 12.32%
Philip Morris International (NYSE: PM ) is a name synonymous with tobacco
products, and for good reason. The company's portfolio of international and
local brands includes Marlboro, Merit, Parliament and Virginia Slims. Philip
Morris' global reach extends to approximately 180 countries in the European
Union, Eastern Europe, the Middle East, Africa, Asia, Latin America and Canada.
Based on its share price on Sept. 12, the yield based on the trailing 12 months
of dividends is 3.93%. British American Tobacco Yield: 4.58% Year-to-date gain:
12.42% British American Tobacco (AMEX: BTI ) is the maker of cigars, cigarettes
and smokeless tobacco products under the Dunhill, Kent, Lucky Strike and Pall
Mall brands, among many others. The company has operations in the Asia-Pacific
region, the Americas, Eastern and Western Europe, Africa and the Middle East.
The London-based company has been selling tobacco products since 1902, so it has
plenty of experience generating tobacco profits. It also has practice delivering
dividends. The shares pay a yield of 4.58%, and the shares have surged 12.42% in
2011. By comparison, the S&P 500 Index is down 9.25% so far this year. Lorillard
Yield: 4.66% Year-to-date gain: 31.29% Lorillard (NYSE: LO ) is a U.S.-based
cigarettes maker offering 43 different products under the Newport, True,
Maverick and Old Gold brand names. Lorillard sells its products primarily to
wholesale distributors, who then service retail outlets, and chain store
organizations. The stock is yielding a hefty 4.66%, but the stunning thing about
LO shares is that their yield comes with a 31.29% year-to-date gain. Now
that's what I call smokin hot performance. Reynolds American Inc. Yield: 5.71%
Year-to-date gain: 11.74% Reynolds American Inc. (NYSE: RAI ) sells its
cigarettes under the Camel, Pall Mall, Winston and KOOL brands. In rural
America, the company also sells a lot of smokeless tobacco products, such as the
Grizzly and Kodiak snuff brands. The tobacco giant's red-hot yield of 5.71%
puts it near the top of our tobacco stocks list. And for that yield you also get
a year-to-date gain of 11.74%. That combination makes RAI one great stock for
capturing both dividends and share price appreciation. Altria Group Yield: 5.78%
Year-to-date gain: 7.63% Altria Group (NYSE: MO ) tops this list of five
high-yield tobacco stocks, as its 5.78% yield was the best of the crop. Yet in
terms of share price performance, Altria actually has lagged its competition
with a 7.63% year-to-date gain. Still, that lights up the S&P 500's dogged
decline. Altria recently upped its quarterly dividend to shareholders some 8%,
making it even more attractive to own shares of the tobacco giant. As you can
see, investors smart enough to light up a cigarette in their portfolios have
been the beneficiary of some great returns, as well as some very high yields.
So, smoke 'em if you got 'em, and if you don't, consider one or more of
these stocks if you are looking for high yield and big upside performance.
sellers has many investors feeling nervous enough to want to settle things down
by any means necessary. Well, my advice is to just relax and light up a
cigarette. No, I don't mean this literally although I find myself sympathetic
to smokers given all of the self-ordained behavior police groups running around
trying to restrict personal freedoms. What I am referring to here is giving your
portfolio a little tobacco-infused yield. You see, it might not be politically
correct to use tobacco products and particularly cigarettes here in urban
America, but that bias isn't nearly as prevalent in the emerging market
nations. In fact, tobacco companies have seen some fantastic profits of late, as
millions of people take up the habit around the globe. Those profits have
translated into some big gains in share price, and some very hefty dividends.
Here are five smokin' hot high-yield stocks that could add some fire to your
portfolio. Philip Morris International Yield: 3.93% Year-to-date gain: 12.32%
Philip Morris International (NYSE: PM ) is a name synonymous with tobacco
products, and for good reason. The company's portfolio of international and
local brands includes Marlboro, Merit, Parliament and Virginia Slims. Philip
Morris' global reach extends to approximately 180 countries in the European
Union, Eastern Europe, the Middle East, Africa, Asia, Latin America and Canada.
Based on its share price on Sept. 12, the yield based on the trailing 12 months
of dividends is 3.93%. British American Tobacco Yield: 4.58% Year-to-date gain:
12.42% British American Tobacco (AMEX: BTI ) is the maker of cigars, cigarettes
and smokeless tobacco products under the Dunhill, Kent, Lucky Strike and Pall
Mall brands, among many others. The company has operations in the Asia-Pacific
region, the Americas, Eastern and Western Europe, Africa and the Middle East.
The London-based company has been selling tobacco products since 1902, so it has
plenty of experience generating tobacco profits. It also has practice delivering
dividends. The shares pay a yield of 4.58%, and the shares have surged 12.42% in
2011. By comparison, the S&P 500 Index is down 9.25% so far this year. Lorillard
Yield: 4.66% Year-to-date gain: 31.29% Lorillard (NYSE: LO ) is a U.S.-based
cigarettes maker offering 43 different products under the Newport, True,
Maverick and Old Gold brand names. Lorillard sells its products primarily to
wholesale distributors, who then service retail outlets, and chain store
organizations. The stock is yielding a hefty 4.66%, but the stunning thing about
LO shares is that their yield comes with a 31.29% year-to-date gain. Now
that's what I call smokin hot performance. Reynolds American Inc. Yield: 5.71%
Year-to-date gain: 11.74% Reynolds American Inc. (NYSE: RAI ) sells its
cigarettes under the Camel, Pall Mall, Winston and KOOL brands. In rural
America, the company also sells a lot of smokeless tobacco products, such as the
Grizzly and Kodiak snuff brands. The tobacco giant's red-hot yield of 5.71%
puts it near the top of our tobacco stocks list. And for that yield you also get
a year-to-date gain of 11.74%. That combination makes RAI one great stock for
capturing both dividends and share price appreciation. Altria Group Yield: 5.78%
Year-to-date gain: 7.63% Altria Group (NYSE: MO ) tops this list of five
high-yield tobacco stocks, as its 5.78% yield was the best of the crop. Yet in
terms of share price performance, Altria actually has lagged its competition
with a 7.63% year-to-date gain. Still, that lights up the S&P 500's dogged
decline. Altria recently upped its quarterly dividend to shareholders some 8%,
making it even more attractive to own shares of the tobacco giant. As you can
see, investors smart enough to light up a cigarette in their portfolios have
been the beneficiary of some great returns, as well as some very high yields.
So, smoke 'em if you got 'em, and if you don't, consider one or more of
these stocks if you are looking for high yield and big upside performance.
Google Alert - gas prices today
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| Utah gas prices increase again Deseret News According to the latest report from AAA Utah, the average price of a gallon of regular unleaded gasoline in the state was $3.59 — a 4-cent increase since last month. Today's price is 68 cents higher than a year ago. Of the Utah cities surveyed, ... See all stories on this topic » | ||
| Porter Stansberry: U.S. Shifts to Gas Export Role Jutia Group Yes, the price of crude oil is volatile; it goes up and down. But in 1950, it took 2.5 grams of gold to buy a barrel of oil. Today, 2 grams of gold will buy you a barrel of oil. Thus, if you take the loss of the dollar's purchasing power out of the ... See all stories on this topic » |
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Apple Inc. (NASDAQ:AAPL) To Build 30m iPhone 5s
AppleInsider has reported that Apple Inc. (NASDAQ:AAPL) will build 30 million
iPhone 5 units by the end of this year. Apple Inc. (NASDAQ:AAPL) To Build 30m
iPhone 5s Mysteries and rumors regarding the next version of iPhone have been
getting cloudier and more mysterious as the silence from the Mac Maker has
continued. Indeed, the company has not even officially announced whether it will
release an iPhone 5 or some other variant, such as a lower-end model. That said,
according to a new report that appeared on AppleInsider, the company will build
30 million units of the next version iPhone, with an improved antenna and the
same memory of 512 MB. Apple Inc. (NASDAQ:AAPL) company shares are currently
standing at 379.94. Price History Last Price: 379.94 52 Week Low / High: 265.52
/ 404.5 50 Day Moving Average: 374.53 6 Month Price Change %: 7.2% 12 Month
Price Change %: 43.5%
iPhone 5 units by the end of this year. Apple Inc. (NASDAQ:AAPL) To Build 30m
iPhone 5s Mysteries and rumors regarding the next version of iPhone have been
getting cloudier and more mysterious as the silence from the Mac Maker has
continued. Indeed, the company has not even officially announced whether it will
release an iPhone 5 or some other variant, such as a lower-end model. That said,
according to a new report that appeared on AppleInsider, the company will build
30 million units of the next version iPhone, with an improved antenna and the
same memory of 512 MB. Apple Inc. (NASDAQ:AAPL) company shares are currently
standing at 379.94. Price History Last Price: 379.94 52 Week Low / High: 265.52
/ 404.5 50 Day Moving Average: 374.53 6 Month Price Change %: 7.2% 12 Month
Price Change %: 43.5%
Google Inc. (NASDAQ:GOOG) Offers A Bust?
Google Inc. (NASDAQ:GOOG) Offers is reportedly suffering in the daily deals
marketplace. Google Inc. (NASDAQ:GOOG) Offers A Bust? Groupon, the
industry-leading daily deals outfit, has been making waves with increased sales
while Google Inc. (NASDAQ:GOOG) Offers, the search engine giant's own attempt
to enter the coupon deals, has remarkably fallen off. It was also reported that
the decline in revenue of Google Inc. (NASDAQ:GOOG) Offers has happened in a
climate where the daily deal industry in North America has reported a growth of
9 percent. Google Inc. (NASDAQ:GOOG) company shares are currently standing at
530.12. Price History Last Price: 530.12 52 Week Low / High: 473.02 / 642.96 50
Day Moving Average: 554.78 6 Month Price Change %: -9.0% 12 Month Price Change
%: 10.2%
marketplace. Google Inc. (NASDAQ:GOOG) Offers A Bust? Groupon, the
industry-leading daily deals outfit, has been making waves with increased sales
while Google Inc. (NASDAQ:GOOG) Offers, the search engine giant's own attempt
to enter the coupon deals, has remarkably fallen off. It was also reported that
the decline in revenue of Google Inc. (NASDAQ:GOOG) Offers has happened in a
climate where the daily deal industry in North America has reported a growth of
9 percent. Google Inc. (NASDAQ:GOOG) company shares are currently standing at
530.12. Price History Last Price: 530.12 52 Week Low / High: 473.02 / 642.96 50
Day Moving Average: 554.78 6 Month Price Change %: -9.0% 12 Month Price Change
%: 10.2%
Gold Climbs to $1,840, Silver Regains $41
Gold and silver futures rebounded from yesterdays losses amid a broad-based
rally in the commodities complex. COMEX gold for December 2011 delivery settled
higher by $16.80, or 0.9%, at $1,830.10 per ounce.
rally in the commodities complex. COMEX gold for December 2011 delivery settled
higher by $16.80, or 0.9%, at $1,830.10 per ounce.
Top 10 Focus Stocks of The Day: CAVM, USAT, DIN, CHDX, SEM, ICAD, PWAV, GIVN, BRCD, CLH (Sep 13, 2011)
Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. One Chinese company (CHDX) is on the list. Cavium
Inc (NASDAQ:CAVM) is todays 1st best focus stock. Its daily price change was
7.1% in the previous trading session. Its upside potential is 19% based on
brokerage analysts average target price of $39 on the stock. It is rated
positively by 47% of the 30 analyst(s) covering it. Its long-term annual
earnings growth is 21% based on analysts average estimate. USA Technologies,
Inc. (NASDAQ:USAT) is todays 2nd best focus stock. Its daily price change was
6.7% in the previous trading session. Its upside potential is -12% based on
brokerage analysts average target price of $2 on the stock. It is rated
positively by 50% of the 2 analyst(s) covering it. Its long-term annual earnings
growth is 25% based on analysts average estimate. DineEquity, Inc. (NYSE:DIN) is
todays 3rd best focus stock. Its daily price change was 6.6% in the previous
trading session. Its upside potential is 46% based on brokerage analysts average
target price of $57 on the stock. It is rated positively by 67% of the 6
analyst(s) covering it. Its long-term annual earnings growth is 11% based on
analysts average estimate. Chindex International, Inc. (NASDAQ:CHDX) is todays
4th best focus stock. Its daily price change was 6.3% in the previous trading
session. Its upside potential is 35% based on brokerage analysts average target
price of $14 on the stock. It is rated positively by 67% of the 3 analyst(s)
covering it. Its long-term annual earnings growth is 23% based on analysts
average estimate. Select Medical Holdings Corporation (NYSE:SEM) is todays 5th
best focus stock. Its daily price change was 5.9% in the previous trading
session. Its upside potential is 47% based on brokerage analysts average target
price of $11 on the stock. It is rated positively by 50% of the 12 analyst(s)
covering it. Its long-term annual earnings growth is 12% based on analysts
average estimate. iCAD, INC. (NASDAQ:ICAD) is todays 6th best focus stock. Its
daily price change was 5.7% in the previous trading session. Its upside
potential is 257% based on brokerage analysts average target price of $2 on the
stock. It is rated positively by 100% of the 2 analyst(s) covering it. Its
long-term annual earnings growth is 15% based on analysts average estimate.
Powerwave Technologies, Inc. (NASDAQ:PWAV) is todays 7th best focus stock. Its
daily price change was 5.5% in the previous trading session. Its upside
potential is 109% based on brokerage analysts average target price of $4 on the
stock. It is rated positively by 43% of the 7 analyst(s) covering it. Its
long-term annual earnings growth is 12% based on analysts average estimate.
Given Imaging Ltd. (NASDAQ:GIVN) is todays 8th best focus stock. Its daily price
change was 5.3% in the previous trading session. Its upside potential is 39%
based on brokerage analysts average target price of $21 on the stock. It is
rated positively by 50% of the 4 analyst(s) covering it. Its long-term annual
earnings growth is 27% based on analysts average estimate. Brocade
Communications Systems, Inc. (NASDAQ:BRCD) is todays 9th best focus stock. Its
daily price change was 5.3% in the previous trading session. Its upside
potential is 26% based on brokerage analysts average target price of $5 on the
stock. It is rated positively by 39% of the 33 analyst(s) covering it. Its
long-term annual earnings growth is 10% based on analysts average estimate.
Clean Harbors, Inc. (NYSE:CLH) is todays 10th best focus stock. Its daily price
change was 5.1% in the previous trading session. Its upside potential is 19%
based on brokerage analysts average target price of $64 on the stock. It is
rated positively by 62% of the 13 analyst(s) covering it. Its long-term annual
earnings growth is 12% based on analysts average estimate.
lot of interest from traders. One Chinese company (CHDX) is on the list. Cavium
Inc (NASDAQ:CAVM) is todays 1st best focus stock. Its daily price change was
7.1% in the previous trading session. Its upside potential is 19% based on
brokerage analysts average target price of $39 on the stock. It is rated
positively by 47% of the 30 analyst(s) covering it. Its long-term annual
earnings growth is 21% based on analysts average estimate. USA Technologies,
Inc. (NASDAQ:USAT) is todays 2nd best focus stock. Its daily price change was
6.7% in the previous trading session. Its upside potential is -12% based on
brokerage analysts average target price of $2 on the stock. It is rated
positively by 50% of the 2 analyst(s) covering it. Its long-term annual earnings
growth is 25% based on analysts average estimate. DineEquity, Inc. (NYSE:DIN) is
todays 3rd best focus stock. Its daily price change was 6.6% in the previous
trading session. Its upside potential is 46% based on brokerage analysts average
target price of $57 on the stock. It is rated positively by 67% of the 6
analyst(s) covering it. Its long-term annual earnings growth is 11% based on
analysts average estimate. Chindex International, Inc. (NASDAQ:CHDX) is todays
4th best focus stock. Its daily price change was 6.3% in the previous trading
session. Its upside potential is 35% based on brokerage analysts average target
price of $14 on the stock. It is rated positively by 67% of the 3 analyst(s)
covering it. Its long-term annual earnings growth is 23% based on analysts
average estimate. Select Medical Holdings Corporation (NYSE:SEM) is todays 5th
best focus stock. Its daily price change was 5.9% in the previous trading
session. Its upside potential is 47% based on brokerage analysts average target
price of $11 on the stock. It is rated positively by 50% of the 12 analyst(s)
covering it. Its long-term annual earnings growth is 12% based on analysts
average estimate. iCAD, INC. (NASDAQ:ICAD) is todays 6th best focus stock. Its
daily price change was 5.7% in the previous trading session. Its upside
potential is 257% based on brokerage analysts average target price of $2 on the
stock. It is rated positively by 100% of the 2 analyst(s) covering it. Its
long-term annual earnings growth is 15% based on analysts average estimate.
Powerwave Technologies, Inc. (NASDAQ:PWAV) is todays 7th best focus stock. Its
daily price change was 5.5% in the previous trading session. Its upside
potential is 109% based on brokerage analysts average target price of $4 on the
stock. It is rated positively by 43% of the 7 analyst(s) covering it. Its
long-term annual earnings growth is 12% based on analysts average estimate.
Given Imaging Ltd. (NASDAQ:GIVN) is todays 8th best focus stock. Its daily price
change was 5.3% in the previous trading session. Its upside potential is 39%
based on brokerage analysts average target price of $21 on the stock. It is
rated positively by 50% of the 4 analyst(s) covering it. Its long-term annual
earnings growth is 27% based on analysts average estimate. Brocade
Communications Systems, Inc. (NASDAQ:BRCD) is todays 9th best focus stock. Its
daily price change was 5.3% in the previous trading session. Its upside
potential is 26% based on brokerage analysts average target price of $5 on the
stock. It is rated positively by 39% of the 33 analyst(s) covering it. Its
long-term annual earnings growth is 10% based on analysts average estimate.
Clean Harbors, Inc. (NYSE:CLH) is todays 10th best focus stock. Its daily price
change was 5.1% in the previous trading session. Its upside potential is 19%
based on brokerage analysts average target price of $64 on the stock. It is
rated positively by 62% of the 13 analyst(s) covering it. Its long-term annual
earnings growth is 12% based on analysts average estimate.
Todays Dow Jones DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Close Review Today
The primary index composites spent the majority of this weeks opening session
struggling to find positive ground but did so in the final hour yesterday. The
Dow Jones, Nasdaq and S&P 500 all turned green just prior to last session close.
Prior to opening bell this morning, stocks were positioned for the lower open.
Futures for all three indices were posting red across the majority of the
tracking boards this morning. The Dow Jones futures posting lower by almost 100
points. Mid-Day analysis revealed a bit of a rebound for stock indices in the
U.S. The Nasdaq and S&P 500 was green at this point and the Dow Jones was still
just under break-even for the day. By the end of day close for Tuesdays session,
all three indices were traveling in positive territory. The worry over the
credit crisis in the eurozone marketplace receded today and with that, world
market indices did better. Britains FTSE 100 closed higher by .9 percent.
Frances CAC 40 closed higher by 1.41 percent and the DAX in Germany closed
higher by 1.85 percent. The U.S. indices followed and as the todays session
approached close, the primary indices were above break-even. Asian market
indices ended their session mixed today. The dollar strengthened versus the
British pound and the euro today and gold futures moved higher. The Dow Jones
was higher by 57 points at 11,119 as close approached today. The Nasdaq was
higher by over 40 points as official close approached and the S&P 500 was higher
by over 10 points just minutes prior to official close for today. Frank Matto
struggling to find positive ground but did so in the final hour yesterday. The
Dow Jones, Nasdaq and S&P 500 all turned green just prior to last session close.
Prior to opening bell this morning, stocks were positioned for the lower open.
Futures for all three indices were posting red across the majority of the
tracking boards this morning. The Dow Jones futures posting lower by almost 100
points. Mid-Day analysis revealed a bit of a rebound for stock indices in the
U.S. The Nasdaq and S&P 500 was green at this point and the Dow Jones was still
just under break-even for the day. By the end of day close for Tuesdays session,
all three indices were traveling in positive territory. The worry over the
credit crisis in the eurozone marketplace receded today and with that, world
market indices did better. Britains FTSE 100 closed higher by .9 percent.
Frances CAC 40 closed higher by 1.41 percent and the DAX in Germany closed
higher by 1.85 percent. The U.S. indices followed and as the todays session
approached close, the primary indices were above break-even. Asian market
indices ended their session mixed today. The dollar strengthened versus the
British pound and the euro today and gold futures moved higher. The Dow Jones
was higher by 57 points at 11,119 as close approached today. The Nasdaq was
higher by over 40 points as official close approached and the S&P 500 was higher
by over 10 points just minutes prior to official close for today. Frank Matto
Rent A Center Deals; RCII Google Stock Quote Rent A Center Green; Stock Market Shares; DJIA Index DJX DJI Close review
Rent A Center share value moved higher during the day as did other indicators.
The primary index composites rallied in the U.S. today as they followed the
global market indicators higher. Worries in the eurozone receded a bit today and
with the recession came a boost of investor confidence. Global market indicators
rose in France, Britain and Germany. Market indicators in these regions pushed
into the green and this action helped stock indicators in the U.S. move into
positive territory as the days session was wrapping up. Investors are generally
still worried about the Greek default but rumors of additional financial support
via China are helping put some anxieties to bed temporarily. The confidence
boost is likely going to be short lived and the fear trade is likely to resume.
We can see choppy trends already this week as investors try to process and
predict, but are unsure of market direction. Regardless of what is to come, the
primary U.S. indices managed to finish off the day green today. Just minutes
prior to official close, the Dow Jones was higher by over 45 points at
11,106.38. The Nasdaq was higher by over 37 points at 2,533 and the S&P 500 was
green by over 10 points at 1,174. Individual company share values did better
today as well. Rent A Center Inc. stock finished the day in the green by 1.30
percent 27.95 as close was finalizing. Previous close for RCII was 27.59
according to google finance. Rent a Center is rent to own and during a time when
many cant afford to buy straight-up, rent a center is offering a service that
many cant avoid. Frank Matto
The primary index composites rallied in the U.S. today as they followed the
global market indicators higher. Worries in the eurozone receded a bit today and
with the recession came a boost of investor confidence. Global market indicators
rose in France, Britain and Germany. Market indicators in these regions pushed
into the green and this action helped stock indicators in the U.S. move into
positive territory as the days session was wrapping up. Investors are generally
still worried about the Greek default but rumors of additional financial support
via China are helping put some anxieties to bed temporarily. The confidence
boost is likely going to be short lived and the fear trade is likely to resume.
We can see choppy trends already this week as investors try to process and
predict, but are unsure of market direction. Regardless of what is to come, the
primary U.S. indices managed to finish off the day green today. Just minutes
prior to official close, the Dow Jones was higher by over 45 points at
11,106.38. The Nasdaq was higher by over 37 points at 2,533 and the S&P 500 was
green by over 10 points at 1,174. Individual company share values did better
today as well. Rent A Center Inc. stock finished the day in the green by 1.30
percent 27.95 as close was finalizing. Previous close for RCII was 27.59
according to google finance. Rent a Center is rent to own and during a time when
many cant afford to buy straight-up, rent a center is offering a service that
many cant avoid. Frank Matto
Top 10 Micro Cap Stocks with Highest Return on Equity: FRP, GNI, USCR, VALU, VALV, MBND, OMN, INTG, WRLS, BODY (Sep 13, 2011)
Below are the top 10 Micro Cap stocks with highest Return on Equity (ROE) ratio
for the last 12 months. ROE shows a companys efficiency in making profits from
shareholders equity. It is equal to net profits divided by shareholders equity.
One Chinese company (VALV) is on the list. Fairpoint Communications, Inc.
(NASDAQ:FRP) has the 1st highest Return on Equity in this segment of the market.
Its ROE was 646.87% for the last 12 months. Its net profit margin was 37.70% for
the same period. Great Northern Iron Ore Properties (NYSE:GNI) has the 2nd
highest Return on Equity in this segment of the market. Its ROE was 178.37% for
the last 12 months. Its net profit margin was 85.36% for the same period. US
Concrete Inc (NASDAQ:USCR) has the 3rd highest Return on Equity in this segment
of the market. Its ROE was 140.73% for the last 12 months. Its net profit margin
was 7.64% for the same period. Value Line, Inc. (NASDAQ:VALU) has the 4th
highest Return on Equity in this segment of the market. Its ROE was 138.14% for
the last 12 months. Its net profit margin was 77.63% for the same period.
Shengkai Innovations, Inc. (NASDAQ:VALV) has the 5th highest Return on Equity in
this segment of the market. Its ROE was 134.64% for the last 12 months. Its net
profit margin was 69.42% for the same period. Multiband Corporation
(NASDAQ:MBND) has the 6th highest Return on Equity in this segment of the
market. Its ROE was 109.50% for the last 12 months. Its net profit margin was
5.50% for the same period. OMNOVA Solutions Inc. (NYSE:OMN) has the 7th highest
Return on Equity in this segment of the market. Its ROE was 100.11% for the last
12 months. Its net profit margin was 8.74% for the same period. The InterGroup
Corporation (NASDAQ:INTG) has the 8th highest Return on Equity in this segment
of the market. Its ROE was 80.27% for the last 12 months. Its net profit margin
was 17.71% for the same period. Telular Corporation (NASDAQ:WRLS) has the 9th
highest Return on Equity in this segment of the market. Its ROE was 78.10% for
the last 12 months. Its net profit margin was 77.77% for the same period. Body
Central Corp (NASDAQ:BODY) has the 10th highest Return on Equity in this segment
of the market. Its ROE was 70.91% for the last 12 months. Its net profit margin
was 5.44% for the same period.
for the last 12 months. ROE shows a companys efficiency in making profits from
shareholders equity. It is equal to net profits divided by shareholders equity.
One Chinese company (VALV) is on the list. Fairpoint Communications, Inc.
(NASDAQ:FRP) has the 1st highest Return on Equity in this segment of the market.
Its ROE was 646.87% for the last 12 months. Its net profit margin was 37.70% for
the same period. Great Northern Iron Ore Properties (NYSE:GNI) has the 2nd
highest Return on Equity in this segment of the market. Its ROE was 178.37% for
the last 12 months. Its net profit margin was 85.36% for the same period. US
Concrete Inc (NASDAQ:USCR) has the 3rd highest Return on Equity in this segment
of the market. Its ROE was 140.73% for the last 12 months. Its net profit margin
was 7.64% for the same period. Value Line, Inc. (NASDAQ:VALU) has the 4th
highest Return on Equity in this segment of the market. Its ROE was 138.14% for
the last 12 months. Its net profit margin was 77.63% for the same period.
Shengkai Innovations, Inc. (NASDAQ:VALV) has the 5th highest Return on Equity in
this segment of the market. Its ROE was 134.64% for the last 12 months. Its net
profit margin was 69.42% for the same period. Multiband Corporation
(NASDAQ:MBND) has the 6th highest Return on Equity in this segment of the
market. Its ROE was 109.50% for the last 12 months. Its net profit margin was
5.50% for the same period. OMNOVA Solutions Inc. (NYSE:OMN) has the 7th highest
Return on Equity in this segment of the market. Its ROE was 100.11% for the last
12 months. Its net profit margin was 8.74% for the same period. The InterGroup
Corporation (NASDAQ:INTG) has the 8th highest Return on Equity in this segment
of the market. Its ROE was 80.27% for the last 12 months. Its net profit margin
was 17.71% for the same period. Telular Corporation (NASDAQ:WRLS) has the 9th
highest Return on Equity in this segment of the market. Its ROE was 78.10% for
the last 12 months. Its net profit margin was 77.77% for the same period. Body
Central Corp (NASDAQ:BODY) has the 10th highest Return on Equity in this segment
of the market. Its ROE was 70.91% for the last 12 months. Its net profit margin
was 5.44% for the same period.
Apple Inc. (NASDAQ:AAPL) Says Motorola Weakened By Google Buy
Apple Inc. (NASDAQ:AAPL) has said that Google's acquisition means Motorola
has lost the patents it claims to have. Apple Inc. (NASDAQ:AAPL) Says Motorola
Weakened By Google Buy The Mac Maker has filed motions to stay its suits on
mobile patents against Motorola, saying that the company has lost rights due to
its pending acquisition by the search major. Apple Inc. (NASDAQ:AAPL) lawyers
wrote in the court filing that, "Motorola has ceded control of the most basic
rights regarding the patents-in-suit. Absent Googles consent, Motorola cannot:
(1) sue for infringement of its patents in any new action; (2) settle pending
litigation (including this case) that would require a license to any of its
patents; (3) license or sublicense its patents except in limited circumstances
relating to the sale of Motorola's products; (4) assign its rights in its
patents; and/or (5) grant a covenant not to sue for infringement of its
patents." Apple Inc. (NASDAQ:AAPL) shares were at 379.94 at the end of the
last days trading. Theres been a 15.8% change in the stock price over the past 3
months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: Error in the industry
has lost the patents it claims to have. Apple Inc. (NASDAQ:AAPL) Says Motorola
Weakened By Google Buy The Mac Maker has filed motions to stay its suits on
mobile patents against Motorola, saying that the company has lost rights due to
its pending acquisition by the search major. Apple Inc. (NASDAQ:AAPL) lawyers
wrote in the court filing that, "Motorola has ceded control of the most basic
rights regarding the patents-in-suit. Absent Googles consent, Motorola cannot:
(1) sue for infringement of its patents in any new action; (2) settle pending
litigation (including this case) that would require a license to any of its
patents; (3) license or sublicense its patents except in limited circumstances
relating to the sale of Motorola's products; (4) assign its rights in its
patents; and/or (5) grant a covenant not to sue for infringement of its
patents." Apple Inc. (NASDAQ:AAPL) shares were at 379.94 at the end of the
last days trading. Theres been a 15.8% change in the stock price over the past 3
months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: Error in the industry
Microsoft Corporation (NASDAQ:MSFT) Presents Mouse Without Borders
Microsoft Corporation (NASDAQ:MSFT)'s 'Mouse without borders' has got
wide-attention. Microsoft Corporation (NASDAQ:MSFT) Presents Mouse Without
Borders Controlling multiple computers with a single mouse is a bit annoying as
it requires the unplugging and plugging of the peripherals on each device, but
the latest announcement from the software giant offers a solution. Microsoft
Corporation (NASDAQ:MSFT) has now released software which will allow users to
use same mouse and keyboard to control multiple computers. You can get the
software for free, here:
http://blogs.technet.com/b/next/archive/2011/09/09/microsoft-garage-download-mouse-without-borders.aspx
Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at 25.89. Price
History Last Price: 25.89 52 Week Low / High: 23.65 / 29.46 50 Day Moving
Average: 26.1 6 Month Price Change %: 0.2% 12 Month Price Change %: 7.2%
wide-attention. Microsoft Corporation (NASDAQ:MSFT) Presents Mouse Without
Borders Controlling multiple computers with a single mouse is a bit annoying as
it requires the unplugging and plugging of the peripherals on each device, but
the latest announcement from the software giant offers a solution. Microsoft
Corporation (NASDAQ:MSFT) has now released software which will allow users to
use same mouse and keyboard to control multiple computers. You can get the
software for free, here:
http://blogs.technet.com/b/next/archive/2011/09/09/microsoft-garage-download-mouse-without-borders.aspx
Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at 25.89. Price
History Last Price: 25.89 52 Week Low / High: 23.65 / 29.46 50 Day Moving
Average: 26.1 6 Month Price Change %: 0.2% 12 Month Price Change %: 7.2%
Tuesday Apple Rumors: Sprint Signals Early October iPhone 5 Release
Here are your Apple news items and rumors for Tuesday: Sprint Memo Signals
iPhone 5 Release: Its been well known for weeks now that Sprint Nextel (NYSE: S
) will support Apple s (NASDAQ: AAPL ) iPhone when the next model of the device,
thought to be called the iPhone 5, releases later this fall. While its suspected
that Apple will unveil the device sometime toward the end of September and
release it in early October, a new internal memo from Sprint makes that release
window more concrete than a rumor. According to a New York Times report, Sprint
issued the memo to employees on Friday advising a blackout period between Sept.
30 and Oct. 15. Blackout periods are stretches of time when employees arent
allowed to request vacation days. Looks like rabid Apple junkies will get their
next fix in the beginning of October after all. Survey Says: People Are Freaking
Out About iPhone 5: A Tuesday report at Apple Insider reprinted the results of a
new survey conducted by RBC Capital Markets and ChangeWave. Analyst Mike
Abramsky found that, of the 2,200 consumers surveyed from Aug. 2-10, 31% of them
were either very likely or somewhat likely to purchase the new iPhone when it
releases later this year. This is compared to when the iPhone 4 model was
released in June 2010 just 25% of respondents said it was likely they would buy
the latest model of Apples smartphone. Many current iPhone owners are likely to
buy the new model as well, as 66% of those current owners that took the survey
said they were very likely to upgrade. Surprise: The iPhone 5 is going to be a
sales success. Everyone Wants an iPhone Except for College Kids: HTC is doing
fairly well in the United States at the moment. Verizon (NYSE: VZ ) sold 260,000
HTC Thunderbolts within two weeks of the phones release in April. Not too shabby
at all. Still, the company is posting numbers nowhere near those of Apple. Not
many people are, though, so theres no reason to be bitter or unreasonable. HTC
America president Martin Fichter, however, has made a somewhat spurious claim
while speaking to Business Week (via 9 to 5 Mac ). Citing conversations with
girls living in his daughters dorm at Reed College, Fichter said he found
college students preferred non-iPhone smartphones, including HTCs Google
(NASDAQ: GOOG ) Android phones, because iPhones arent cool anymore. They are not
cool because, as one girl said, My dad has an iPhone. Whatever gets you through
the night, Mr. Fichter. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
iPhone 5 Release: Its been well known for weeks now that Sprint Nextel (NYSE: S
) will support Apple s (NASDAQ: AAPL ) iPhone when the next model of the device,
thought to be called the iPhone 5, releases later this fall. While its suspected
that Apple will unveil the device sometime toward the end of September and
release it in early October, a new internal memo from Sprint makes that release
window more concrete than a rumor. According to a New York Times report, Sprint
issued the memo to employees on Friday advising a blackout period between Sept.
30 and Oct. 15. Blackout periods are stretches of time when employees arent
allowed to request vacation days. Looks like rabid Apple junkies will get their
next fix in the beginning of October after all. Survey Says: People Are Freaking
Out About iPhone 5: A Tuesday report at Apple Insider reprinted the results of a
new survey conducted by RBC Capital Markets and ChangeWave. Analyst Mike
Abramsky found that, of the 2,200 consumers surveyed from Aug. 2-10, 31% of them
were either very likely or somewhat likely to purchase the new iPhone when it
releases later this year. This is compared to when the iPhone 4 model was
released in June 2010 just 25% of respondents said it was likely they would buy
the latest model of Apples smartphone. Many current iPhone owners are likely to
buy the new model as well, as 66% of those current owners that took the survey
said they were very likely to upgrade. Surprise: The iPhone 5 is going to be a
sales success. Everyone Wants an iPhone Except for College Kids: HTC is doing
fairly well in the United States at the moment. Verizon (NYSE: VZ ) sold 260,000
HTC Thunderbolts within two weeks of the phones release in April. Not too shabby
at all. Still, the company is posting numbers nowhere near those of Apple. Not
many people are, though, so theres no reason to be bitter or unreasonable. HTC
America president Martin Fichter, however, has made a somewhat spurious claim
while speaking to Business Week (via 9 to 5 Mac ). Citing conversations with
girls living in his daughters dorm at Reed College, Fichter said he found
college students preferred non-iPhone smartphones, including HTCs Google
(NASDAQ: GOOG ) Android phones, because iPhones arent cool anymore. They are not
cool because, as one girl said, My dad has an iPhone. Whatever gets you through
the night, Mr. Fichter. As of this writing, Anthony John Agnello did not own a
position in any of the stocks named here. Follow him on Twitter at
A GameStop Tablet: Crazy, or Crazy Smart?
Trying to enter the consumer technology market right now is risky business no
matter what youre looking to sell. Want to sell self-published electronic books
at low prices to try and cut in on Amazon s (NASDAQ: AMZN ) action? If you do,
youre taking a big risk. The same goes for Microsoft (NASDAQ: MSFT ) and Nokia
(NYSE: NOK ). Trying to take on Apple (NASDAQ: AAPL ) and Google (NASDAQ: GOOG )
in the mobile market is no small task. But theres a difference of scale between
these examples. Plenty of opportunity still exists to find an audience in the
digital service market streaming video, downloadable books, music and games
whereas the portable device market for downloading that media tablets and
smartphones is closed off at this point. iTunes doesnt own digital media
distribution, but the iPad does own the tablet market. GameStop s (NYSE: GME )
latest venture then is both risky in a promising way and risky in a completely
mad way. The video game retailer announced Monday that it plans to sell its own
branded tablet PC which runs on Googles Android operating system. The new tablet
will be marketed as a gaming device first and a multipurpose tablet in the iPad
mold second. To date, would-be contenders for the tablet crown have tried to
mimic Apples device in their breadth of features rather than trying to cater to
a specified niche. At first blush, GameStops plans to enter the device market
seem insane, but the company plans to mitigate some of the risk by licensing the
use of a tablet thats already on the market. Speaking with website Games
Industry.biz , GameStop president Tony Bartlett explained his companys pragmatic
approach : I dont see any need to create a new (tablet) with the three hundred
or so already on the market. We have a refurbishment center and we can bring in
product and preload certain games onto it. Its an Android device. Bartletts
statements at least rule out the possibility that GameStop had bought up
Hewlett-Packard s (NYSE: HPQ ) stock of the undying TouchPad tablet , but they
do beg the question: Whose tablet is GameStop buying up? Bartlett said the
company is testing a variety of tablets and even intimated that multiple
manufacturers will be behind this GameStop-certified gaming platform. What is
clear is that the company hopes having this device on the market will help
solidify its multiple digital distribution businesses that it has invested
heavily in developing during the past 18 months. Its in that market that
GameStop is taking the least risk as its products are in demand and stand a good
chance of finding their audience. Outlets like the web portal Kongregate, which
GameStop purchased in early 2010, and digital PC games downloaded from GameStops
store website online earned the company $98 million in the second quarter of
this year , almost 42% of its profits. Having a device to help push these
services will only help grow those earnings. Most promising for GameStop and its
shareholders, though, is the companys proposed cloud-based streaming games
service. The still-unnamed, still-in-testing service will allow users to play
Microsoft Xbox 360 and Sony (NYSE: SNE ) PlayStation 3 games on a PC by running
them on GameStops servers and streaming them to the audience a sort of Netflix
(NASDAQ: NFLX ) streaming option for video games. Bartlett said GameStop is
testing a game controller add-on for its new tablet so consumers can
specifically play games like Activision Blizzard s (NASDAQ: ATVI ) Call of Duty:
Modern Warfare 3 . If GameStop can find a way to sell its tablets at a low cost
and manage to give audiences access to both high-profile retail releases and
light, cheap App Store-style content at equally low costs, this tablet might
just be a serious win for the company. As of this writing, Anthony John Agnello
did not own a position in any of the stocks named here. Follow him on Twitter
at
matter what youre looking to sell. Want to sell self-published electronic books
at low prices to try and cut in on Amazon s (NASDAQ: AMZN ) action? If you do,
youre taking a big risk. The same goes for Microsoft (NASDAQ: MSFT ) and Nokia
(NYSE: NOK ). Trying to take on Apple (NASDAQ: AAPL ) and Google (NASDAQ: GOOG )
in the mobile market is no small task. But theres a difference of scale between
these examples. Plenty of opportunity still exists to find an audience in the
digital service market streaming video, downloadable books, music and games
whereas the portable device market for downloading that media tablets and
smartphones is closed off at this point. iTunes doesnt own digital media
distribution, but the iPad does own the tablet market. GameStop s (NYSE: GME )
latest venture then is both risky in a promising way and risky in a completely
mad way. The video game retailer announced Monday that it plans to sell its own
branded tablet PC which runs on Googles Android operating system. The new tablet
will be marketed as a gaming device first and a multipurpose tablet in the iPad
mold second. To date, would-be contenders for the tablet crown have tried to
mimic Apples device in their breadth of features rather than trying to cater to
a specified niche. At first blush, GameStops plans to enter the device market
seem insane, but the company plans to mitigate some of the risk by licensing the
use of a tablet thats already on the market. Speaking with website Games
Industry.biz , GameStop president Tony Bartlett explained his companys pragmatic
approach : I dont see any need to create a new (tablet) with the three hundred
or so already on the market. We have a refurbishment center and we can bring in
product and preload certain games onto it. Its an Android device. Bartletts
statements at least rule out the possibility that GameStop had bought up
Hewlett-Packard s (NYSE: HPQ ) stock of the undying TouchPad tablet , but they
do beg the question: Whose tablet is GameStop buying up? Bartlett said the
company is testing a variety of tablets and even intimated that multiple
manufacturers will be behind this GameStop-certified gaming platform. What is
clear is that the company hopes having this device on the market will help
solidify its multiple digital distribution businesses that it has invested
heavily in developing during the past 18 months. Its in that market that
GameStop is taking the least risk as its products are in demand and stand a good
chance of finding their audience. Outlets like the web portal Kongregate, which
GameStop purchased in early 2010, and digital PC games downloaded from GameStops
store website online earned the company $98 million in the second quarter of
this year , almost 42% of its profits. Having a device to help push these
services will only help grow those earnings. Most promising for GameStop and its
shareholders, though, is the companys proposed cloud-based streaming games
service. The still-unnamed, still-in-testing service will allow users to play
Microsoft Xbox 360 and Sony (NYSE: SNE ) PlayStation 3 games on a PC by running
them on GameStops servers and streaming them to the audience a sort of Netflix
(NASDAQ: NFLX ) streaming option for video games. Bartlett said GameStop is
testing a game controller add-on for its new tablet so consumers can
specifically play games like Activision Blizzard s (NASDAQ: ATVI ) Call of Duty:
Modern Warfare 3 . If GameStop can find a way to sell its tablets at a low cost
and manage to give audiences access to both high-profile retail releases and
light, cheap App Store-style content at equally low costs, this tablet might
just be a serious win for the company. As of this writing, Anthony John Agnello
did not own a position in any of the stocks named here. Follow him on Twitter
at
Gold Stocks (GDX) Dip, “Historically” Undervalued?
GOLD STOCKS NEWS Gold stocks moved lower Tuesday despite stability in the gold
price, as the Market Vectors Gold Miners ETF (GDX) dipped $0.16, or 0.3%, to
$63.74 per share.
price, as the Market Vectors Gold Miners ETF (GDX) dipped $0.16, or 0.3%, to
$63.74 per share.
Gold prices silver prices; Gold price per ounce; Spot gold per gram spot silver per ounce; DJIA Index DJX DJI Mid-Day
Both precious metal gold contract and precious metal silver contract closed out
the last session lower. Stocks hit a late day rally and found their way into the
green prior to yesterdays close and safe haven appeal of precious metals was not
on the primary radar of many investors on Wall Street. Gold price per ounce rate
for December delivery contract dropped lower by 2.48 percent or 46.20 to close
out at 1813.30 per troy ounce. Silver contract for December delivery fell lower
by 3.38 percent or 1.407 to close out at 40.22 per troy ounce. Prior to opening
bell this morning, stock futures were back in the red and stocks were set for a
weaker open. Spot gold price per gram and spot silver price per ounce were both
trending green at this point. As the trading session reached the halfway mark,
the primary stock indices in the U.S. were mixed. The Dow was still red but the
Nasdaq and S&P 500 were moving in the green. The DJIA was red by .21 percent at
11,038.04. The dollar was stronger versus the British pound and the euro. Gold
futures were on the rise at this point. Electronic gold price per ounce rates
for December delivery gold was higher by .79 percent or 14.30 at 1827.60 per
troy ounce. Electronic prices for December delivery Silver was higher by 1.57
percent or .633 at 40.85 per troy ounce. The one month change status continues
to remain positive by 3.32 percent and the one month change status for silver is
still positive by 3.24 percent. Spot gold and spot silver prices were still
holding green at this point in the session. Spot gold price per gram was higher
by .41 at 58.60 and spot silver per ounce was higher by .57 at 40.74. Safe haven
interest in gold and silver grows as fear over the European market uncertainty
increases. Camillo Zucari
the last session lower. Stocks hit a late day rally and found their way into the
green prior to yesterdays close and safe haven appeal of precious metals was not
on the primary radar of many investors on Wall Street. Gold price per ounce rate
for December delivery contract dropped lower by 2.48 percent or 46.20 to close
out at 1813.30 per troy ounce. Silver contract for December delivery fell lower
by 3.38 percent or 1.407 to close out at 40.22 per troy ounce. Prior to opening
bell this morning, stock futures were back in the red and stocks were set for a
weaker open. Spot gold price per gram and spot silver price per ounce were both
trending green at this point. As the trading session reached the halfway mark,
the primary stock indices in the U.S. were mixed. The Dow was still red but the
Nasdaq and S&P 500 were moving in the green. The DJIA was red by .21 percent at
11,038.04. The dollar was stronger versus the British pound and the euro. Gold
futures were on the rise at this point. Electronic gold price per ounce rates
for December delivery gold was higher by .79 percent or 14.30 at 1827.60 per
troy ounce. Electronic prices for December delivery Silver was higher by 1.57
percent or .633 at 40.85 per troy ounce. The one month change status continues
to remain positive by 3.32 percent and the one month change status for silver is
still positive by 3.24 percent. Spot gold and spot silver prices were still
holding green at this point in the session. Spot gold price per gram was higher
by .41 at 58.60 and spot silver per ounce was higher by .57 at 40.74. Safe haven
interest in gold and silver grows as fear over the European market uncertainty
increases. Camillo Zucari
Gold Price Volatility Soars
GOLD PRICE NEWS – The gold price rallied Tuesday, gaining $11.50 to $1,826.50
per ounce.
per ounce.
$2,500 Gold within 12 months, Dollar’s Reserve Status in Doubt?
Citigroup analysts led by London-based Jon Bergtheil forecasted that gold could
reach as high as
reach as high as
Top 10 Best-Rated Broadcasting Stocks: LCAPA, LBTYA, VMED, FENG, SBGI, TIVO, CHTR, STV, CMCSA, CBS (Sep 13, 2011)
Below are the top 10 best-rated Broadcasting stocks, based on the number of
positive ratings by brokerage analysts. Two Chinese companies (FENG, STV) are on
the list. Liberty Media Corp (Capital) (NASDAQ:LCAPA) is the 1st best-rated
stock in this segment of the market. It is rated positively by 90% of the 10
brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the 2nd
best-rated stock in this segment of the market. It is rated positively by 88% of
the 16 brokerage analysts covering it. Virgin Media Inc. (NASDAQ:VMED) is the
3rd best-rated stock in this segment of the market. It is rated positively by
80% of the 25 brokerage analysts covering it. Phoenix New Media Ltd ADR
(NYSE:FENG) is the 4th best-rated stock in this segment of the market. It is
rated positively by 80% of the 5 brokerage analysts covering it. Sinclair
Broadcast Group, Inc. (NASDAQ:SBGI) is the 5th best-rated stock in this segment
of the market. It is rated positively by 80% of the 5 brokerage analysts
covering it. TiVo Inc. (NASDAQ:TIVO) is the 6th best-rated stock in this segment
of the market. It is rated positively by 77% of the 13 brokerage analysts
covering it. Charter Communications, Inc. (NASDAQ:CHTR) is the 7th best-rated
stock in this segment of the market. It is rated positively by 75% of the 8
brokerage analysts covering it. China Digital TV Holding Co., Ltd.(ADR)
(NYSE:STV) is the 8th best-rated stock in this segment of the market. It is
rated positively by 75% of the 4 brokerage analysts covering it. Comcast
Corporation (NASDAQ:CMCSA) is the 9th best-rated stock in this segment of the
market. It is rated positively by 71% of the 28 brokerage analysts covering it.
CBS Corporation (NYSE:CBS) is the 10th best-rated stock in this segment of the
market. It is rated positively by 67% of the 27 brokerage analysts covering it.
positive ratings by brokerage analysts. Two Chinese companies (FENG, STV) are on
the list. Liberty Media Corp (Capital) (NASDAQ:LCAPA) is the 1st best-rated
stock in this segment of the market. It is rated positively by 90% of the 10
brokerage analysts covering it. Liberty Global Inc. (NASDAQ:LBTYA) is the 2nd
best-rated stock in this segment of the market. It is rated positively by 88% of
the 16 brokerage analysts covering it. Virgin Media Inc. (NASDAQ:VMED) is the
3rd best-rated stock in this segment of the market. It is rated positively by
80% of the 25 brokerage analysts covering it. Phoenix New Media Ltd ADR
(NYSE:FENG) is the 4th best-rated stock in this segment of the market. It is
rated positively by 80% of the 5 brokerage analysts covering it. Sinclair
Broadcast Group, Inc. (NASDAQ:SBGI) is the 5th best-rated stock in this segment
of the market. It is rated positively by 80% of the 5 brokerage analysts
covering it. TiVo Inc. (NASDAQ:TIVO) is the 6th best-rated stock in this segment
of the market. It is rated positively by 77% of the 13 brokerage analysts
covering it. Charter Communications, Inc. (NASDAQ:CHTR) is the 7th best-rated
stock in this segment of the market. It is rated positively by 75% of the 8
brokerage analysts covering it. China Digital TV Holding Co., Ltd.(ADR)
(NYSE:STV) is the 8th best-rated stock in this segment of the market. It is
rated positively by 75% of the 4 brokerage analysts covering it. Comcast
Corporation (NASDAQ:CMCSA) is the 9th best-rated stock in this segment of the
market. It is rated positively by 71% of the 28 brokerage analysts covering it.
CBS Corporation (NYSE:CBS) is the 10th best-rated stock in this segment of the
market. It is rated positively by 67% of the 27 brokerage analysts covering it.
Zacks Releases Four Powerful ''Buy'' Stocks: NCR, Schlumberger, Royal Gold and Titan International
Zacks Releases Four Powerful Buy Stocks: NCR, Schlumberger, Royal Gold and
Titan International Zacks.com - 32 minutes ago Chicago, IL – September 13,
2011 – Four free stock picks are being made available today on Zacks.com. The
industrys leading independent research firm highlights one Zacks #1 Rank Strong
Buy or a ...
Titan International Zacks.com - 32 minutes ago Chicago, IL – September 13,
2011 – Four free stock picks are being made available today on Zacks.com. The
industrys leading independent research firm highlights one Zacks #1 Rank Strong
Buy or a ...
Technology ETFs: A Lesson in Diversity
During the heyday of the dot-com boom, the idea of diversification in
technology investments was to hold several different mutual funds. After
investors discovered the different funds essentially owned the same stocks, the
drop that occurred when the market crashed left very little in hand. Portfolio
transparency of ETFs is a benefit that will go a long way to prevent a repeat of
past mistakes. Passively managed ETFs publish the holdings so an investor knows
what is acquired when the ETF shares are purchased. The Technology Select Sector
SPDR (NYSE: XLK ) ETF has been in existence for more than 10 years. XLK invests
in technology stocks that cover the full spectrum of information technology and
services. The top 10 holdings and weightings are: Apple (NASDAQ: AAPL ): 14.94%
IBM (NYSE: IBM ): 8.37% Microsoft (NASDAQ: MSFT ): 8.18% AT&T (NYSE: T ): 6.98%
Google Class A (NASDAQ: GOOG ): 5.65% Oracle (NASDAQ: ORCL ): 4.36% Verizon
(NYSE: VZ ): 4.29% Intel (NASDAQ: INTC ): 3.81% Cisco Systems (NASDAQ: CSCO ):
3.73% Qualcomm (NASDAQ: QCOM ): 3.62% Even though there are a total of 84
holdings in this ETF, more than 23% is held just between two stocks. With the
resignation of Steve Jobs as CEO of Apple, future leadership problems could
affect the stock price, and consequently XLK. First Trust Technology AlphaDEX
Fund (NYSE: FXL ) is a recent addition to the growing population of technology
funds. This ETF was brought to the market in May of 2007 and is designed to
track the technology stocks of the Russell 1000 index. The result was a
completely different looking portfolio. The top 10 holdings and weightings are:
Varian Semiconductor (NASDAQ: VSEA ): 2.47% SanDisk (NASDAQ: SNDK ): 2.29%
Marvell Technology (NASDAQ: MRVL ): 2.28% Intel (NASDAQ: INTC ): 2.19% Micron
Technology (NASDAQ: MU ): 2.09% AVX Corp (NYSE: AVX ): 1.92% Western Digital
(NYSE: WDC ): 1.92% Teradyne (NYSE: TER ): 1.91% Cisco Systems (NASDAQ: CSCO ):
1.88% National Semiconductor (NYSE: NSM ): 1.88% This ETF holds 89 stocks, and
there are no holdings greater that 3% in any one issuer. The most likely result
is underperformance when compared to other technology programs. The PowerShares
Dynamic Technology ETF (NYSE: PTF ) is an ETF based on the Dynamic Technology
Sector Intellidex Index. This fund invests at least 90% of assets to the stocks
in this index. With an almost five-year track record, a better grasp of past
performance in light of market conditions will help in making predictions about
future performance. See the price chart below: This ETF might make a nice
addition to the investor that likes to enter both long and short positions to
hunt for profits. The almost $15-per-share price range has plenty of room for
such possible outcomes. The top 10 holdings and weightings of this ETF are:
Activision Blizzard (NASDAQ: ATVI ): 2.59% Western Digital (NYSE: WDC ): 2.57%
KLA-Tencor (NASDAQ: KLAC ): 2.56% Motorola Solutions (NYSE: MSI ): 2.55%
Electronic Arts (NASDAQ: ERTS ): 2.54% Xilinx (NASDAQ: XLNX ): 2.54% MasterCard
(NYSE: MA ): 2.53% Teradata (NYSE: TDC ): 2.53% Apple (NASDAQ: AAPL ): 2.51%
Symantec (NASDAQ: SYMC ): 2.5% As is the case with most conservative investment
strategies, limiting holdings to a certain percentage ensures that no one stock
will dominate the performance of the portfolio. Over-diversification tends to
"water down" returns in the long run, which might be a reason why this is a
cyclical trading opportunity. Jeffrey L. Stouffer is the principal of Mercantile
Capital Group, a Herndon, Va.-based introducing broker registered with the CFTC
and a member of the National Futures Association. He can be reached at
mercapitalgroup@aol.com . Stouffer does not have any direct or direct holdings
in any of these ETFs.
technology investments was to hold several different mutual funds. After
investors discovered the different funds essentially owned the same stocks, the
drop that occurred when the market crashed left very little in hand. Portfolio
transparency of ETFs is a benefit that will go a long way to prevent a repeat of
past mistakes. Passively managed ETFs publish the holdings so an investor knows
what is acquired when the ETF shares are purchased. The Technology Select Sector
SPDR (NYSE: XLK ) ETF has been in existence for more than 10 years. XLK invests
in technology stocks that cover the full spectrum of information technology and
services. The top 10 holdings and weightings are: Apple (NASDAQ: AAPL ): 14.94%
IBM (NYSE: IBM ): 8.37% Microsoft (NASDAQ: MSFT ): 8.18% AT&T (NYSE: T ): 6.98%
Google Class A (NASDAQ: GOOG ): 5.65% Oracle (NASDAQ: ORCL ): 4.36% Verizon
(NYSE: VZ ): 4.29% Intel (NASDAQ: INTC ): 3.81% Cisco Systems (NASDAQ: CSCO ):
3.73% Qualcomm (NASDAQ: QCOM ): 3.62% Even though there are a total of 84
holdings in this ETF, more than 23% is held just between two stocks. With the
resignation of Steve Jobs as CEO of Apple, future leadership problems could
affect the stock price, and consequently XLK. First Trust Technology AlphaDEX
Fund (NYSE: FXL ) is a recent addition to the growing population of technology
funds. This ETF was brought to the market in May of 2007 and is designed to
track the technology stocks of the Russell 1000 index. The result was a
completely different looking portfolio. The top 10 holdings and weightings are:
Varian Semiconductor (NASDAQ: VSEA ): 2.47% SanDisk (NASDAQ: SNDK ): 2.29%
Marvell Technology (NASDAQ: MRVL ): 2.28% Intel (NASDAQ: INTC ): 2.19% Micron
Technology (NASDAQ: MU ): 2.09% AVX Corp (NYSE: AVX ): 1.92% Western Digital
(NYSE: WDC ): 1.92% Teradyne (NYSE: TER ): 1.91% Cisco Systems (NASDAQ: CSCO ):
1.88% National Semiconductor (NYSE: NSM ): 1.88% This ETF holds 89 stocks, and
there are no holdings greater that 3% in any one issuer. The most likely result
is underperformance when compared to other technology programs. The PowerShares
Dynamic Technology ETF (NYSE: PTF ) is an ETF based on the Dynamic Technology
Sector Intellidex Index. This fund invests at least 90% of assets to the stocks
in this index. With an almost five-year track record, a better grasp of past
performance in light of market conditions will help in making predictions about
future performance. See the price chart below: This ETF might make a nice
addition to the investor that likes to enter both long and short positions to
hunt for profits. The almost $15-per-share price range has plenty of room for
such possible outcomes. The top 10 holdings and weightings of this ETF are:
Activision Blizzard (NASDAQ: ATVI ): 2.59% Western Digital (NYSE: WDC ): 2.57%
KLA-Tencor (NASDAQ: KLAC ): 2.56% Motorola Solutions (NYSE: MSI ): 2.55%
Electronic Arts (NASDAQ: ERTS ): 2.54% Xilinx (NASDAQ: XLNX ): 2.54% MasterCard
(NYSE: MA ): 2.53% Teradata (NYSE: TDC ): 2.53% Apple (NASDAQ: AAPL ): 2.51%
Symantec (NASDAQ: SYMC ): 2.5% As is the case with most conservative investment
strategies, limiting holdings to a certain percentage ensures that no one stock
will dominate the performance of the portfolio. Over-diversification tends to
"water down" returns in the long run, which might be a reason why this is a
cyclical trading opportunity. Jeffrey L. Stouffer is the principal of Mercantile
Capital Group, a Herndon, Va.-based introducing broker registered with the CFTC
and a member of the National Futures Association. He can be reached at
mercapitalgroup@aol.com . Stouffer does not have any direct or direct holdings
in any of these ETFs.
Price Declines: SQM, GOLD, WLT
Price Declines: SQM, GOLD, WLT Rapid News Network - 55 minutes ago Sociedad
Quimica y Minera (ADR) (Public, NYSE:SQM). Last Market Price: 55.26, Change:
-3.33, % Change: (-5.68%). Shares trade in the range of 54.36 – 57.02 dollars.
It has a market capitalization ...
Quimica y Minera (ADR) (Public, NYSE:SQM). Last Market Price: 55.26, Change:
-3.33, % Change: (-5.68%). Shares trade in the range of 54.36 – 57.02 dollars.
It has a market capitalization ...
BAC Bank of America Stock Quote MSN Money; BofA Stock Close, DJIA Index DJX DJI Stock Close
Bank of America received more negative attention during the last trading
session. News spread of the extensive job cuts that the bank is planning and BAC
stocks initially sunk lower. BofA share value dropped into negative territory
during the majority of the first trading session in the U.S. yesterday.
According to the report stemming directly from Bank of America, as many as
30,000 job cuts are planned for the company as part of a reorganization plan
termed Project New BAC. Chief CEO, Brian Moynihan, discussed the Banks strategy
at an investor conference on Monday. Although the primary indices rallied to
finish off the last trading session, BAC stock quotes reveals that BofA ended
the session on the same positive note. End of day close for the Dow Jones
Industrial Average was green by over 68 points at 11,061.12. BAC stock finished
off the session higher by 1 percent at 7.05 according to MSN Money stock quotes.
Previous close for Bank of America was 6.98. Just as the primary stock indices
rallied in the final hour of trading yesterday, so too did BAC stock. BAC shares
pushed into the green for the day during the last hour of trading. A positive
boost of confidence gleaned from progress with eurozone debt issues helped to
push big banks higher on the day. Frank Matto
session. News spread of the extensive job cuts that the bank is planning and BAC
stocks initially sunk lower. BofA share value dropped into negative territory
during the majority of the first trading session in the U.S. yesterday.
According to the report stemming directly from Bank of America, as many as
30,000 job cuts are planned for the company as part of a reorganization plan
termed Project New BAC. Chief CEO, Brian Moynihan, discussed the Banks strategy
at an investor conference on Monday. Although the primary indices rallied to
finish off the last trading session, BAC stock quotes reveals that BofA ended
the session on the same positive note. End of day close for the Dow Jones
Industrial Average was green by over 68 points at 11,061.12. BAC stock finished
off the session higher by 1 percent at 7.05 according to MSN Money stock quotes.
Previous close for Bank of America was 6.98. Just as the primary stock indices
rallied in the final hour of trading yesterday, so too did BAC stock. BAC shares
pushed into the green for the day during the last hour of trading. A positive
boost of confidence gleaned from progress with eurozone debt issues helped to
push big banks higher on the day. Frank Matto
Google Alert - antiques coin
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| Roadshow wants your valuables Times and Transcript The roadshow is a travelling group that buys gold and silver coins, antiques and collectibles, scrap gold and silver, jewelry, watches and musical instruments. The company has a database of around 6000 buyers from all across North America who pay a ... See all stories on this topic » |
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Gold & Silver Prices – Daily Outlook September 13
Gold and silver prices sharply fell yesterday as the speculations around the
Euro debt crisis shifted direction from pessimism to light optimism; the recent
talks are that Italian officials have held talks with Chinese delegates
regarding investing in the country. This may have been among the factors to pull
the US stock markets up and consequently
Euro debt crisis shifted direction from pessimism to light optimism; the recent
talks are that Italian officials have held talks with Chinese delegates
regarding investing in the country. This may have been among the factors to pull
the US stock markets up and consequently
Gold and silver started the week falling – September 12
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices started the week with sharp falls, as the US stock markets rose. Crude oil prices, much like the US stock markets, inclined. Natural gas spot price (Henry Hub) kept on falling. Here is a summary of the price movements of precious metals and energy commodities for September 12th: Precious Metals prices: Gold price changed direction and sharply declined yesterday by 2.48% to $1,813; Silver price also decreased by 3.38% to $40.22. During September, gold prices decreased by 1.0% and silver price fell by 3.7%. The EURO to US Dollar exchange rate changed direction and slightly inclined yesterday by 0.16% to 1.3679 – i.e. the USD depreciated against the EURO. During September, the EURO to US Dollar declined by 4.80%. Oil and Gas prices: WTI Spot oil price changed direction and rose by 1.09%; it settled at $88.19 per barrel; Brent spot price also moderately increased by 0.23% to $112.50 per barrel; during September the WTI spot oil price declined by 0.7% and Brent oil fell by 3.4%. Due to these changes, the difference between Brent and WTI further slipped to $24.31/bbl. Natural gas Henry Hub future price (October delivery) fell by 1.02% to $3.88/mmbtu. The Henry
Can This Market Manage a Rally?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Yesterday stocks were down initially on reports that several French banks might be hit with a downgrade. And for most of the day the Dow Jones Industrial Average was off by over 1% as the news shifted to another European problem — the strong possibility of a default on Greece's debt. But 45 minutes before the close the market violently reversed course when Italytook center stage — this time due to a report from the Financial Times thatChina was in talks that could lead to a "significant" purchase of Italian bonds — and stocks closed with gains.
Get Out of This Semi Stock Now
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Taiwan Semiconductor Manufacturing Co. (NYSE: TSM ) — This is the world's largest dedicated semiconductor foundry, but with a worldwide economic slowdown, demand for semiconductors is expected to decline. Therefore, this highly cyclical company had its rating reduced by several analysts in early August. The rating cuts drove TSM down through a crucial support line at $12 and confirmed a breakdown from a double-top at $14. The stock's recent bounce to $12 resulted in a reversal to the 50-day moving average line and presents an excellent opportunity to sell or sell short. The downside target is under $10. See Sam Collins' Daily Market Outlook: Can This Market Manage a Rally? See Serge Berger's Daily Market Outlook: Why the Current Market is too Dangerous for Investors See Serge Berger's Trade of the Day: Fast Trade in TXN Could Pay Off
#Consumers and jewellers affected by surge in #gold price
XCSFDHG46767FHJHJF
min2664 Silver, bronze, ebony and plastics are now being used more frequently in jewellery as rising gold prices hinder price-conscious consumers from purchasing gold jewellery, jewellery makers at an international trade fair declared. In western jewellery markets, high prices have shifted gold out of the low and medium-priced segments. Gold is priced at about $1 860; Silver at just under $42 an ounce – which is a more suitable price to many price-conscious consumers . See the full story here http://www.miningweekly.com/article/jewellers-consumers-seek-alternative-to-surging-gold-2011-09-12 Learn more about exploration, investment and development for miners, financiers and investors, download the Africa Mining Congress brochure now: http://www.terrapinn.com/template/live/documents.aspx?e=4894
#Consumers and jewellers affected by surge in #gold price
Silver, bronze, ebony and plastics are now being used more frequently in
jewellery as rising gold prices hinder price-conscious consumers from purchasing
gold jewellery, jewellery makers at an international trade fair declared. In
western jewellery markets, high prices have shifted gold out of the low and
medium-priced segments. Gold is priced at about $1 860; Silver at just under $42
an ounce which is a more suitable price to many price-conscious consumers . See
the full story here
http://www.miningweekly.com/article/jewellers-consumers-seek-alternative-to-surging-gold-2011-09-12
Learn more about exploration, investment and development for miners, financiers
and investors, download the Africa Mining Congress brochure now:
http://www.terrapinn.com/template/live/documents.aspx?e=4894
jewellery as rising gold prices hinder price-conscious consumers from purchasing
gold jewellery, jewellery makers at an international trade fair declared. In
western jewellery markets, high prices have shifted gold out of the low and
medium-priced segments. Gold is priced at about $1 860; Silver at just under $42
an ounce which is a more suitable price to many price-conscious consumers . See
the full story here
http://www.miningweekly.com/article/jewellers-consumers-seek-alternative-to-surging-gold-2011-09-12
Learn more about exploration, investment and development for miners, financiers
and investors, download the Africa Mining Congress brochure now:
http://www.terrapinn.com/template/live/documents.aspx?e=4894
Gold and silver started the week falling – September 12
Gold and silver prices started the week with sharp falls, as the US stock
markets rose. Crude oil prices, much like the US stock markets, inclined.
Natural gas spot price (Henry Hub) kept on falling. Here is a summary of the
price movements of precious metals and energy commodities for September 12th:
Precious Metals prices: Gold price changed direction and sharply declined
yesterday by 2.48% to $1,813; Silver price also decreased by 3.38% to $40.22.
During September, gold prices decreased by 1.0% and silver price fell by 3.7%.
The EURO to US Dollar exchange rate changed direction and slightly inclined
yesterday by 0.16% to 1.3679 i.e. the USD depreciated against the EURO. During
September, the EURO to US Dollar declined by 4.80%. Oil and Gas prices: WTI Spot
oil price changed direction and rose by 1.09%; it settled at $88.19 per barrel;
Brent spot price also moderately increased by 0.23% to $112.50 per barrel;
during September the WTI spot oil price declined by 0.7% and Brent oil fell by
3.4%. Due to these changes, the difference between Brent and WTI further slipped
to $24.31/bbl. Natural gas Henry Hub future price (October delivery) fell by
1.02% to $3.88/mmbtu. The Henry
markets rose. Crude oil prices, much like the US stock markets, inclined.
Natural gas spot price (Henry Hub) kept on falling. Here is a summary of the
price movements of precious metals and energy commodities for September 12th:
Precious Metals prices: Gold price changed direction and sharply declined
yesterday by 2.48% to $1,813; Silver price also decreased by 3.38% to $40.22.
During September, gold prices decreased by 1.0% and silver price fell by 3.7%.
The EURO to US Dollar exchange rate changed direction and slightly inclined
yesterday by 0.16% to 1.3679 i.e. the USD depreciated against the EURO. During
September, the EURO to US Dollar declined by 4.80%. Oil and Gas prices: WTI Spot
oil price changed direction and rose by 1.09%; it settled at $88.19 per barrel;
Brent spot price also moderately increased by 0.23% to $112.50 per barrel;
during September the WTI spot oil price declined by 0.7% and Brent oil fell by
3.4%. Due to these changes, the difference between Brent and WTI further slipped
to $24.31/bbl. Natural gas Henry Hub future price (October delivery) fell by
1.02% to $3.88/mmbtu. The Henry
Can This Market Manage a Rally?
Yesterday stocks were down initially on reports that several French banks might
be hit with a downgrade. And for most of the day the Dow Jones Industrial
Average was off by over 1% as the news shifted to another European problem the
strong possibility of a default on Greece's debt. But 45 minutes before the
close the market violently reversed course when Italytook center stage this
time due to a report from the Financial Times thatChina was in talks that could
lead to a "significant" purchase of Italian bonds and stocks closed with
gains.
be hit with a downgrade. And for most of the day the Dow Jones Industrial
Average was off by over 1% as the news shifted to another European problem the
strong possibility of a default on Greece's debt. But 45 minutes before the
close the market violently reversed course when Italytook center stage this
time due to a report from the Financial Times thatChina was in talks that could
lead to a "significant" purchase of Italian bonds and stocks closed with
gains.
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