Below are 10 momentum stocks that are attracting a lot of interest from
traders. One Chinese company (BORN) is on the list. Home Federal Bancorp, Inc.
(NASDAQ:HOME) is the first best stock on this list. Its daily price change was
19.7% in the previous trading session. Its upside potential is 57% based on
brokerage analysts average target price of $14 on the stock. It is rated
positively by 50% of the 2 analyst(s) covering it. Its long-term annual earnings
growth is 9% based on analysts average estimate. GP Strategies Corporation
(NYSE:GPX) is the 2nd best stock on this list. Its daily price change was 19.2%
in the previous trading session. Its upside potential is 54% based on brokerage
analysts average target price of $17 on the stock. It is rated positively by
100% of the 6 analyst(s) covering it. Its long-term annual earnings growth is
15% based on analysts average estimate. Spartan Motors, Inc. (NASDAQ:SPAR) is
the 3rd best stock on this list. Its daily price change was 19.2% in the
previous trading session. Its upside potential is 71% based on brokerage
analysts average target price of $8 on the stock. It is rated positively by 50%
of the 2 analyst(s) covering it. Its long-term annual earnings growth is 12%
based on analysts average estimate. Franklin Covey Co. (NYSE:FC) is the 4th best
stock on this list. Its daily price change was 19.0% in the previous trading
session. Its upside potential is 38% based on brokerage analysts average target
price of $12 on the stock. It is rated positively by 100% of the 1 analyst(s)
covering it. Its long-term annual earnings growth is 30% based on analysts
average estimate. Lakeland Bancorp, Inc. (NASDAQ:LBAI) is the 5th best stock on
this list. Its daily price change was 18.8% in the previous trading session. Its
upside potential is 25% based on brokerage analysts average target price of $11
on the stock. It is rated positively by 17% of the 6 analyst(s) covering it. Its
long-term annual earnings growth is 10% based on analysts average estimate.
OmniVision Technologies, Inc. (NASDAQ:OVTI) is the 6th best stock on this list.
Its daily price change was 18.7% in the previous trading session. Its upside
potential is 99% based on brokerage analysts average target price of $30 on the
stock. It is rated positively by 82% of the 11 analyst(s) covering it. Its
long-term annual earnings growth is 15% based on analysts average estimate. PMFG
Inc (NASDAQ:PMFG) is the 7th best stock on this list. Its daily price change was
18.4% in the previous trading session. Its upside potential is -14% based on
brokerage analysts average target price of $15 on the stock. It is rated
positively by 0% of the 2 analyst(s) covering it. Its long-term annual earnings
growth is 25% based on analysts average estimate. Quiksilver, Inc. (NYSE:ZQK) is
the 8th best stock on this list. Its daily price change was 18.3% in the
previous trading session. Its upside potential is 46% based on brokerage
analysts average target price of $5 on the stock. It is rated positively by 30%
of the 10 analyst(s) covering it. Its long-term annual earnings growth is 13%
based on analysts average estimate. Apogee Enterprises, Inc. (NASDAQ:APOG) is
the 9th best stock on this list. Its daily price change was 18.1% in the
previous trading session. Its upside potential is 52% based on brokerage
analysts average target price of $15 on the stock. It is rated positively by 57%
of the 7 analyst(s) covering it. Its long-term annual earnings growth is 11%
based on analysts average estimate. China New Borun Corp (NYSE:BORN) is the 10th
best stock on this list. Its daily price change was 18.0% in the previous
trading session. Its upside potential is 337% based on brokerage analysts
average target price of $15 on the stock. It is rated positively by 100% of the
2 analyst(s) covering it. Its long-term annual earnings growth is 19% based on
analysts average estimate.
Wednesday, October 5, 2011
Silver and Gold Prices are Much More Attractively Priced Now than Two Weeks Ago, So if You Want to Buy, Go Ahead
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1640.80 Change : 25.60 or 1.6% Silver Price Close Today : 30.317 Change : 0.522 or 1.8% Gold Silver Ratio Today : 54.12 Change : -0.089 or -0.2% Silver Gold Ratio Today : 0.01848 Change : 0.000030 or 0.2% Platinum Price Close Today : 1496.00 Change : 16.00 or 1.1% Palladium Price Close Today : 577.00 Change : 11.00 or 1.9% S&P 500 : 1,144.03 Change : 20.08 or 1.8% Dow In GOLD$ : $137.83 Change : $ (0.49) or -0.4% Dow in GOLD oz : 6.667 Change : -0.024 or -0.4% Dow in SILVER oz : 360.85 Change : -1.92 or -0.5% Dow Industrial : 10,939.95 Change : 131.24 or 1.2% US Dollar Index : 78.86 Change : -0.733 or -0.9% Turned out that late in the day rally yesterday did foretell higher prices today for SILVER and GOLD . Stocks didn’t work out quite the same. Dollar took a lick on the jaw. The Dow lumbered, stumbled, but ended up rising today, ending near the high. Still, somebody was selling all the way up. Dow closed up 131.24 (1.21%) at 10,939.95. Five day chart — bad as I hate to admit it — shows a double bottom yesterday, and a rise through 10,700 support/resistance. S&P500 rose 20.08 (1.79%) to 1,144.03. Since August the Dow has traced a sort if declining wedge, which presages a rally of some kind. Nothing to get excited about until the Dow at least climbs over its 20 day moving average at 11090. But the 200 dma is a high above the current Dow as the heavens are above the earth, at at 11,974. I’d as soon take a cold rattlesnake into my bosom to warm him up as to buy stocks. I’d probably have a better chance of profit with the rattlesnake. After five up-days the US dollar index paid its dues today and fell 0.94% or 73.3 basis points to 78.864. This altereth nothing. Dollar might travel all the way back to the top of the trading channel it broke out of, today about 77.25, and remain in its uptrend. Y’all might as well get used to a stronger dollar for a while. After all, what’s its competition? The euro or yen? Gold and silver are the only real alternatives, but most investors are still labouring under CBIM, or Central-Bank-Induced-Moronism, a condition that results from listening to too much propaganda from central bank heads, politicians, Keynesian economics professors, and newspapers. CBIM sufferers manifest impaired rationality and numerous delusions, such as believing they are “safe” in paper currencies, or that US government debt is “safe,” or that banks really have the money they claim to have, or worst of all, that banks can be trusted. CBIM victims cling ferociously to these delusions, and may become violent if you mention the S- or G-words to them. Only cure for CBIM is a double dose of Reality Salts, which often comes as losing copious sums of money. But I digress. Euro today closed up 0.18% at 1.3368, a meaningless change in a meaningless market. Yen remains locked in fierce ambivalence, refusing to fall or rise. Closed today up 0.13% at 130.34c/Y100 (Y76.72/$1). With yesterday’s GOLD PRICE low about $1,595 and today’s at $1,598 (before New York opened), gold appears to have made at least a temporary bottom. That gives it a platform for a (probably short) rally. Standing above like the Great Wall of China warding off barbarian invasions is that $1,675 resistance where the GOLD PRICE has twice failed. I said within the last few days that gold’s three month chart appears to have traced out a flag, and flags always fly at half staff. That implies more downside for GOLD, but for the next few days expect a rally once again to $1,675 – $1,680. Silver’s 3 month chart also looks like a pennant or flag, but how do you differentiate between a pennant and a bullish falling wedge? You wait to see which way it breaks out. Both SILVER and GOLD PRICES are plenty oversold enough to rally for a while. Why doubt I so stubbornly? I don’t think the last shoe has fallen in Europe. I can’t shake the notion we are watching Phase II (2011 edition) of the Great Credit and Banking Debacle of the 21st century. The mistakes, malinvestment, corruption, cronyism, vulturism, and unsalvageable investments run so deep and wide — all of it enabled and facilitated by the banking system, who gets the real blame — that only a colossal shift can get the world’s economy back up on the tracks. BICBW, since after all, I am only a natural born fool from Tennessee, and not a wise central banker or New York investment banker. Shucks, I don’t even wear shoes except when it snows, and they sure ain’t no Guccis. I’m not pitting my judgement against yours. Silver and gold are much more attractively priced now than two weeks ago, so if you want to buy, go ahead. I surely can be too doubtful at the wrong time, but . . . READ THIS AND WEEP: One great barrier to rebuilding the nation and the economy is the hardened ignorance of public and politicians, and the politicians truckling to the banks. ‘Twas not always so. 173 years ago our Southern leaders knew where unrestrained banking would lead, and warned of it. Read it and weep. "If no check is put to the progress of events, no one will attain to wealth and honor, who does not receive them at the hands of the bank aristocracy….And yet the paper system is applauded to the skies, as the wing upon which England has soared to her present prosperous height…but I have thought, and still think, that we owe all these things to the enterprise and industry of our citizens, and the abundant resources with which it has pleased Heaven to bless our country. “And this brings me to the consideration of another evil of the paper [money] system, and that is, its tendency to call men off from the most productive employments to those which are less so, or not so at all; drawing them off from the cultivation of the soil to become speculators, bank officers, shopkeepers, and livers upon their wits. “All values are created by the spontaneous production of the earth, by human labor, by animal procreation, or by some or all of these united. The spontaneous production of the earth is, of course, the most profitable to him who can avail himself of it of any other; and the production of the earth, combined with human labor, furnishes at last the basis of all wealth. ” Every thing, therefore, which has a tendency to divert a considerable portion of a nation from agricultural pursuits, by turning them to speculation, professions, merchandise…where that nation possesses a suitable field for agricultural pursuits, has, as a general rule, the effect of diminishing the wealth of that nation. I conclude that Congress has not the right, and if it had, it would not be expedient for it to undertake the creation and regulation of a common paper medium through banks… “Sir, I have little hope that the paper system will soon be arrested…Its swiftly moving car may roll on; but let it not drag after it every thing dear to the earthly hopes of man. Let the inflated balloon ascend if it will; but let it not, in its ascent, wrench from their foundations the institutions of our country. (Speech of Robert Strange of North Carolina on the Independent Treasury Bill in the US Senate, 6 March 1838, Congressional Globe, 25th Congress, 2d session, Appendix, 145-54) Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down. Whenever I write “Stay out of stocks” readers inevitably ask, “Do you mean precious metals mining stocks, too?” No, I don’t. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
A Sad Day; Steve Jobs, Apple Co-Founder Has Passed
XCSFDHG46767FHJHJF
tdp2664 Penny Stock Live I’ve always looked up to Steve Jobs, he is a hero to any entrepreneur and will be sadly missed by many. It’s hard not to feel connected to the man who changed the world we live in. My thoughts go out to his family and friends. It looks like the stock was halted at 7:30pm, no doubt it’ll drop in the morning which is unfortunate but the hard reality to how important this man was to Apple and more importantly, the overall market. The Wall Street Journal
Wall St. Desperately Needs More Leaders Like Steve Jobs
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace By now, you've surely heard – Steve Jobs, the visionary behind Apple ( NASDAQ : AAPL ), has finally passed away. There will be a million “legacy” stories written about the passing of Apple’s front man, but the one I hope gets the most attention by investors is the story of Steve Jobs the CEO — a true leader at a time when many in corner offices are frankly not worthy of the post. Steve Jobs built Apple with his own two hands with passion, and redoubled his efforts in 1997 to save the company from failure. He was a true leader, who always wowed the masses with his creativity and never stopped making Apple better – right up until the very end. Wall Street's corner offices desperately need men and women with the vision and drive of this man. Lest you fall into that old Wall Street trap of the counting money, understand that dollars and cents have nothing to do with money. Yes, Apple Inc. is now a $100 billion business thanks to Steve Jobs and the man was one of the 50 wealthiest Americans at the time of his death. But Jobs was building a cultural force of a company more than building a bank account. Of course, it's easy to get rich when you're a cultural force – but Steve Jobs knew which step had to come first. User experience and the products always came first. Some may scoff at this statement that money was secondary at a publicly traded stock.
Gold and Crude Oil Sharply Inclined –Daily Recap October 5
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices continue to zigzag and slightly inclined yesterday, after they had declined a day earlier; crude oil prices also sharply inclined; natural gas spot price also changed direction and inclined yesterday. Here is a summary of the price movements of precious metals and energy commodities for October 5th: Precious Metals prices: Gold price inclined yesterday by 0.75% to $1,628; Silver price, also increased by 0.87% to $30.10. During October, gold price rose by 0.4%, and silver price slightly increased by 0.1%.
Gold and Crude Oil Sharply Inclined –Daily Recap October 5
Gold and silver prices continue to zigzag and slightly inclined yesterday, after
they had declined a day earlier; crude oil prices also sharply inclined; natural
gas spot price also changed direction and inclined yesterday. Here is a summary
of the price movements of precious metals and energy commodities for October
5th: Precious Metals prices: Gold price inclined yesterday by 0.75% to $1,628;
Silver price, also increased by 0.87% to $30.10. During October, gold price rose
by 0.4%, and silver price slightly increased by 0.1%.
they had declined a day earlier; crude oil prices also sharply inclined; natural
gas spot price also changed direction and inclined yesterday. Here is a summary
of the price movements of precious metals and energy commodities for October
5th: Precious Metals prices: Gold price inclined yesterday by 0.75% to $1,628;
Silver price, also increased by 0.87% to $30.10. During October, gold price rose
by 0.4%, and silver price slightly increased by 0.1%.
Marriott International — How to Play Wednesday’s Earnings Report
Hotel company Marriott International (NYSE: MAR ) reports earnings for the
quarter ending Sept. 30 on Wednesday after the market closes. The report will
give investors an early read on the overall third-quarter earnings season. Given
the expectation of an economic slowdown, more will be looking at guidance
instead of actual results. Swirling economic headwinds have created challenging
operating conditions for Marriott. Granted, the higher oil prices seen early in
the year are softening of course, the reason oil prices have fallen is because
of a global fear of recession. But, as of mid-July, a hotel trade group expected
travel to hold firm for the rest of the year . Support of that forecast comes in
the form of tight capacity from air carriers. Planes are flying full, and many
of those passengers need to stay in hotels. That should bode well for Marriott
International. Earnings at Marriott International have been mixed during the
past four quarters: Marriott International met expectations for the period
ending June 30, but the company reduced guidance for the year with that report.
For the full year, the company expected profit to fall in a range of $1.35 to
$1.43 per share. It also noted a drop in closely watched room revenue. At the
time of the reduced guidance, Wall Street estimates for the year were at $1.41
per share for MAR. Today, the average Wall Street profit estimate for the year
is at $1.39 per share. In the following year, profits are expected to grow by
24% to $1.72 per share. At current prices, shares of Marriott International
trade for 20 times current-year estimated earnings. Click to Enlarge Since the
time of the reduced guidance, shares of Marriott International have dropped
significantly. The stock is down 21% since July 14. Prior to those losses, the
stock was flat across the previous 12 months. Although the company reduced
expectations in its last report, I expect the company to beat expectations in
the current quarter. Demand for travel still is strong, as evidenced by planes
flying at capacity. There is no indication that an economic slowdown will
negatively impact performance. Marriott International should get a slight bounce
with a good report. With shares trading for a multiple of earnings slightly
below estimated profit growth, the stock has some room to appreciate from here.
That said, it would seem to be prudent for management to be cautious when it
reports results after the market closes Wednesday. At best, the company will
reaffirm guidance for the year. That should be enough for the stock to reverse
course. If the report is stronger than expected and guidance improves, shares
could move significantly higher. Other companies reporting results this week
include Helen of Troy (NASDAQ: HELE ) and Constellation Brands (NYSE: STZ ). As
of this writing, Jamie Dlugosch did not own a position in any of the
aforementioned stocks.
quarter ending Sept. 30 on Wednesday after the market closes. The report will
give investors an early read on the overall third-quarter earnings season. Given
the expectation of an economic slowdown, more will be looking at guidance
instead of actual results. Swirling economic headwinds have created challenging
operating conditions for Marriott. Granted, the higher oil prices seen early in
the year are softening of course, the reason oil prices have fallen is because
of a global fear of recession. But, as of mid-July, a hotel trade group expected
travel to hold firm for the rest of the year . Support of that forecast comes in
the form of tight capacity from air carriers. Planes are flying full, and many
of those passengers need to stay in hotels. That should bode well for Marriott
International. Earnings at Marriott International have been mixed during the
past four quarters: Marriott International met expectations for the period
ending June 30, but the company reduced guidance for the year with that report.
For the full year, the company expected profit to fall in a range of $1.35 to
$1.43 per share. It also noted a drop in closely watched room revenue. At the
time of the reduced guidance, Wall Street estimates for the year were at $1.41
per share for MAR. Today, the average Wall Street profit estimate for the year
is at $1.39 per share. In the following year, profits are expected to grow by
24% to $1.72 per share. At current prices, shares of Marriott International
trade for 20 times current-year estimated earnings. Click to Enlarge Since the
time of the reduced guidance, shares of Marriott International have dropped
significantly. The stock is down 21% since July 14. Prior to those losses, the
stock was flat across the previous 12 months. Although the company reduced
expectations in its last report, I expect the company to beat expectations in
the current quarter. Demand for travel still is strong, as evidenced by planes
flying at capacity. There is no indication that an economic slowdown will
negatively impact performance. Marriott International should get a slight bounce
with a good report. With shares trading for a multiple of earnings slightly
below estimated profit growth, the stock has some room to appreciate from here.
That said, it would seem to be prudent for management to be cautious when it
reports results after the market closes Wednesday. At best, the company will
reaffirm guidance for the year. That should be enough for the stock to reverse
course. If the report is stronger than expected and guidance improves, shares
could move significantly higher. Other companies reporting results this week
include Helen of Troy (NASDAQ: HELE ) and Constellation Brands (NYSE: STZ ). As
of this writing, Jamie Dlugosch did not own a position in any of the
aforementioned stocks.
Wall St. Desperately Needs More Leaders Like Steve Jobs
By now, you've surely heard – Steve Jobs, the visionary behind Apple
(NASDAQ: AAPL ), has finally passed away. There will be a million legacy stories
written about the passing of Apples front man, but the one I hope gets the most
attention by investors is the story of Steve Jobs the CEO a true leader at a
time when many in corner offices are frankly not worthy of the post. Steve Jobs
built Apple with his own two hands with passion, and redoubled his efforts in
1997 to save the company from failure. He was a true leader, who always wowed
the masses with his creativity and never stopped making Apple better – right
up until the very end. Wall Street's corner offices desperately need men and
women with the vision and drive of this man. Lest you fall into that old Wall
Street trap of the counting money, understand that dollars and cents have
nothing to do with money. Yes, Apple Inc. is now a $100 billion business thanks
to Steve Jobs and the man was one of the 50 wealthiest Americans at the time of
his death. But Jobs was building a cultural force of a company more than
building a bank account. Of course, it's easy to get rich when you're a
cultural force – but Steve Jobs knew which step had to come first. User
experience and the products always came first. Some may scoff at this statement
that money was secondary at a publicly traded stock.
(NASDAQ: AAPL ), has finally passed away. There will be a million legacy stories
written about the passing of Apples front man, but the one I hope gets the most
attention by investors is the story of Steve Jobs the CEO a true leader at a
time when many in corner offices are frankly not worthy of the post. Steve Jobs
built Apple with his own two hands with passion, and redoubled his efforts in
1997 to save the company from failure. He was a true leader, who always wowed
the masses with his creativity and never stopped making Apple better – right
up until the very end. Wall Street's corner offices desperately need men and
women with the vision and drive of this man. Lest you fall into that old Wall
Street trap of the counting money, understand that dollars and cents have
nothing to do with money. Yes, Apple Inc. is now a $100 billion business thanks
to Steve Jobs and the man was one of the 50 wealthiest Americans at the time of
his death. But Jobs was building a cultural force of a company more than
building a bank account. Of course, it's easy to get rich when you're a
cultural force – but Steve Jobs knew which step had to come first. User
experience and the products always came first. Some may scoff at this statement
that money was secondary at a publicly traded stock.
Top 10 Most Widely Followed Micro Cap Stocks: ENOC, PSUN, SWIR, GNK, JASO, CBEY, THQI, COCO, EGLE, ACHN (Oct 05, 2011)
Below are the top 10 most widely followed Micro Cap stocks, based on the number
of brokerage analysts following them. One Chinese company (JASO) is on the list.
EnerNOC, Inc. (NASDAQ:ENOC) is the 1st most widely followed stock in this
segment of the market. It is covered by 22 analysts. It currently receives
positive investment ratings from 7 brokerage analysts. Pacific Sunwear of
California, Inc. (NASDAQ:PSUN) is the 2nd most widely followed stock in this
segment of the market. It is covered by 18 analysts. It currently receives
positive investment ratings from 1 brokerage analysts. Sierra Wireless, Inc.
(USA) (NASDAQ:SWIR) is the 3rd most widely followed stock in this segment of the
market. It is covered by 17 analysts. It currently receives positive investment
ratings from 7 brokerage analysts. Genco Shipping & Trading Limited (NYSE:GNK)
is the 4th most widely followed stock in this segment of the market. It is
covered by 17 analysts. It currently receives positive investment ratings from 3
brokerage analysts. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 5th
most widely followed stock in this segment of the market. It is covered by 17
analysts. It currently receives positive investment ratings from 2 brokerage
analysts. Cbeyond, Inc. (NASDAQ:CBEY) is the 6th most widely followed stock in
this segment of the market. It is covered by 16 analysts. It currently receives
positive investment ratings from 7 brokerage analysts. THQ Inc. (NASDAQ:THQI) is
the 7th most widely followed stock in this segment of the market. It is covered
by 16 analysts. It currently receives positive investment ratings from 4
brokerage analysts. Corinthian Colleges, Inc. (NASDAQ:COCO) is the 8th most
widely followed stock in this segment of the market. It is covered by 16
analysts. It currently receives positive investment ratings from 3 brokerage
analysts. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is the 9th most widely followed
stock in this segment of the market. It is covered by 16 analysts. It currently
receives positive investment ratings from 1 brokerage analysts. Achillion
Pharmaceuticals, Inc. (NASDAQ:ACHN) is the 10th most widely followed stock in
this segment of the market. It is covered by 15 analysts. It currently receives
positive investment ratings from 13 brokerage analysts.
of brokerage analysts following them. One Chinese company (JASO) is on the list.
EnerNOC, Inc. (NASDAQ:ENOC) is the 1st most widely followed stock in this
segment of the market. It is covered by 22 analysts. It currently receives
positive investment ratings from 7 brokerage analysts. Pacific Sunwear of
California, Inc. (NASDAQ:PSUN) is the 2nd most widely followed stock in this
segment of the market. It is covered by 18 analysts. It currently receives
positive investment ratings from 1 brokerage analysts. Sierra Wireless, Inc.
(USA) (NASDAQ:SWIR) is the 3rd most widely followed stock in this segment of the
market. It is covered by 17 analysts. It currently receives positive investment
ratings from 7 brokerage analysts. Genco Shipping & Trading Limited (NYSE:GNK)
is the 4th most widely followed stock in this segment of the market. It is
covered by 17 analysts. It currently receives positive investment ratings from 3
brokerage analysts. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 5th
most widely followed stock in this segment of the market. It is covered by 17
analysts. It currently receives positive investment ratings from 2 brokerage
analysts. Cbeyond, Inc. (NASDAQ:CBEY) is the 6th most widely followed stock in
this segment of the market. It is covered by 16 analysts. It currently receives
positive investment ratings from 7 brokerage analysts. THQ Inc. (NASDAQ:THQI) is
the 7th most widely followed stock in this segment of the market. It is covered
by 16 analysts. It currently receives positive investment ratings from 4
brokerage analysts. Corinthian Colleges, Inc. (NASDAQ:COCO) is the 8th most
widely followed stock in this segment of the market. It is covered by 16
analysts. It currently receives positive investment ratings from 3 brokerage
analysts. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) is the 9th most widely followed
stock in this segment of the market. It is covered by 16 analysts. It currently
receives positive investment ratings from 1 brokerage analysts. Achillion
Pharmaceuticals, Inc. (NASDAQ:ACHN) is the 10th most widely followed stock in
this segment of the market. It is covered by 15 analysts. It currently receives
positive investment ratings from 13 brokerage analysts.
Stock Indexes Post Back-To-Back Gains
Stock Indexes Post Back-To-Back Gains Investor's Business Daily - 1 hour ago By
PAUL WHITFIELD, INVESTORS BUSINESS DAILY Posted 06:05 PM ET The Nasdaq leapt
2.3%, while the S&P 500 and the NYSE composite each added 1.8%. The IBD 50 added
1.9% on average. Among top-rated ...
PAUL WHITFIELD, INVESTORS BUSINESS DAILY Posted 06:05 PM ET The Nasdaq leapt
2.3%, while the S&P 500 and the NYSE composite each added 1.8%. The IBD 50 added
1.9% on average. Among top-rated ...
Top 10 Best-Performing Telecom Services Stocks Year-to-Date: GLBC, EGHT, PCO, LVLT, PAET, CHU, BSFT, CHA, TSU, TNAV (Oct 05, 2011)
Below are the top 10 best-performing Telecom Services stocks year-to-date. Two
Chinese companies (CHU, CHA) are on the list. Global Crossing Ltd. (NASDAQ:GLBC)
is the 1st best-performing stock year-to-date in this segment of the market. It
is up 73.2% year-to-date, and it is up 76.1% for the last 52 weeks. 8x8, Inc.
(NASDAQ:EGHT) is the 2nd best-performing stock year-to-date in this segment of
the market. It is up 71.0% year-to-date, and it is up 80.1% for the last 52
weeks. Pendrell Corp (NASDAQ:PCO) is the 3rd best-performing stock year-to-date
in this segment of the market. It is up 64.7% year-to-date, and it is up 68.0%
for the last 52 weeks. Level 3 Communications, Inc. (NASDAQ:LVLT) is the 4th
best-performing stock year-to-date in this segment of the market. It is up 44.9%
year-to-date, and it is up 48.1% for the last 52 weeks. PAETEC Holding Corp.
(NASDAQ:PAET) is the 5th best-performing stock year-to-date in this segment of
the market. It is up 35.8% year-to-date, and it is up 22.7% for the last 52
weeks. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) is the 6th
best-performing stock year-to-date in this segment of the market. It is up 35.0%
year-to-date, and it is up 30.8% for the last 52 weeks. BroadSoft Inc
(NASDAQ:BSFT) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 31.0% year-to-date, and it is up 240.4% for the last 52
weeks. China Telecom Corporation Limited (ADR) (NYSE:CHA) is the 8th
best-performing stock year-to-date in this segment of the market. It is up 20.4%
year-to-date, and it is up 13.2% for the last 52 weeks. TIM Participacoes SA
(ADR) (NYSE:TSU) is the 9th best-performing stock year-to-date in this segment
of the market. It is up 18.8% year-to-date, and it is up 24.2% for the last 52
weeks. TeleNav, Inc. (NASDAQ:TNAV) is the 10th best-performing stock
year-to-date in this segment of the market. It is up 18.5% year-to-date, and it
is up 63.5% for the last 52 weeks.
Chinese companies (CHU, CHA) are on the list. Global Crossing Ltd. (NASDAQ:GLBC)
is the 1st best-performing stock year-to-date in this segment of the market. It
is up 73.2% year-to-date, and it is up 76.1% for the last 52 weeks. 8x8, Inc.
(NASDAQ:EGHT) is the 2nd best-performing stock year-to-date in this segment of
the market. It is up 71.0% year-to-date, and it is up 80.1% for the last 52
weeks. Pendrell Corp (NASDAQ:PCO) is the 3rd best-performing stock year-to-date
in this segment of the market. It is up 64.7% year-to-date, and it is up 68.0%
for the last 52 weeks. Level 3 Communications, Inc. (NASDAQ:LVLT) is the 4th
best-performing stock year-to-date in this segment of the market. It is up 44.9%
year-to-date, and it is up 48.1% for the last 52 weeks. PAETEC Holding Corp.
(NASDAQ:PAET) is the 5th best-performing stock year-to-date in this segment of
the market. It is up 35.8% year-to-date, and it is up 22.7% for the last 52
weeks. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) is the 6th
best-performing stock year-to-date in this segment of the market. It is up 35.0%
year-to-date, and it is up 30.8% for the last 52 weeks. BroadSoft Inc
(NASDAQ:BSFT) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 31.0% year-to-date, and it is up 240.4% for the last 52
weeks. China Telecom Corporation Limited (ADR) (NYSE:CHA) is the 8th
best-performing stock year-to-date in this segment of the market. It is up 20.4%
year-to-date, and it is up 13.2% for the last 52 weeks. TIM Participacoes SA
(ADR) (NYSE:TSU) is the 9th best-performing stock year-to-date in this segment
of the market. It is up 18.8% year-to-date, and it is up 24.2% for the last 52
weeks. TeleNav, Inc. (NASDAQ:TNAV) is the 10th best-performing stock
year-to-date in this segment of the market. It is up 18.5% year-to-date, and it
is up 63.5% for the last 52 weeks.
Silver and Gold Prices are Much More Attractively Priced Now than Two Weeks Ago, So if You Want to Buy, Go Ahead
Gold Price Close Today : 1640.80 Change : 25.60 or 1.6% Silver Price Close
Today : 30.317 Change : 0.522 or 1.8% Gold Silver Ratio Today : 54.12 Change :
-0.089 or -0.2% Silver Gold Ratio Today : 0.01848 Change : 0.000030 or 0.2%
Platinum Price Close Today : 1496.00 Change : 16.00 or 1.1% Palladium Price
Close Today : 577.00 Change : 11.00 or 1.9% S&P 500 : 1,144.03 Change : 20.08 or
1.8% Dow In GOLD$ : $137.83 Change : $ (0.49) or -0.4% Dow in GOLD oz : 6.667
Change : -0.024 or -0.4% Dow in SILVER oz : 360.85 Change : -1.92 or -0.5% Dow
Industrial : 10,939.95 Change : 131.24 or 1.2% US Dollar Index : 78.86 Change :
-0.733 or -0.9% Turned out that late in the day rally yesterday did foretell
higher prices today for SILVER and GOLD . Stocks didn't work out quite the same.
Dollar took a lick on the jaw. The Dow lumbered, stumbled, but ended up rising
today, ending near the high. Still, somebody was selling all the way up. Dow
closed up 131.24 (1.21%) at 10,939.95. Five day chart -- bad as I hate to admit
it -- shows a double bottom yesterday, and a rise through 10,700
support/resistance. S&P500 rose 20.08 (1.79%) to 1,144.03. Since August the Dow
has traced a sort if declining wedge, which presages a rally of some kind.
Nothing to get excited about until the Dow at least climbs over its 20 day
moving average at 11090. But the 200 dma is a high above the current Dow as the
heavens are above the earth, at at 11,974. I'd as soon take a cold rattlesnake
into my bosom to warm him up as to buy stocks. I'd probably have a better chance
of profit with the rattlesnake. After five up-days the US dollar index paid its
dues today and fell 0.94% or 73.3 basis points to 78.864. This altereth nothing.
Dollar might travel all the way back to the top of the trading channel it broke
out of, today about 77.25, and remain in its uptrend. Y'all might as well get
used to a stronger dollar for a while. After all, what's its competition? The
euro or yen? Gold and silver are the only real alternatives, but most investors
are still labouring under CBIM, or Central-Bank-Induced-Moronism, a condition
that results from listening to too much propaganda from central bank heads,
politicians, Keynesian economics professors, and newspapers. CBIM sufferers
manifest impaired rationality and numerous delusions, such as believing they are
"safe" in paper currencies, or that US government debt is "safe," or that banks
really have the money they claim to have, or worst of all, that banks can be
trusted. CBIM victims cling ferociously to these delusions, and may become
violent if you mention the S- or G-words to them. Only cure for CBIM is a double
dose of Reality Salts, which often comes as losing copious sums of money. But I
digress. Euro today closed up 0.18% at 1.3368, a meaningless change in a
meaningless market. Yen remains locked in fierce ambivalence, refusing to fall
or rise. Closed today up 0.13% at 130.34c/Y100 (Y76.72/$1). With yesterday's
GOLD PRICE low about $1,595 and today's at $1,598 (before New York opened), gold
appears to have made at least a temporary bottom. That gives it a platform for a
(probably short) rally. Standing above like the Great Wall of China warding off
barbarian invasions is that $1,675 resistance where the GOLD PRICE has twice
failed. I said within the last few days that gold's three month chart appears to
have traced out a flag, and flags always fly at half staff. That implies more
downside for GOLD, but for the next few days expect a rally once again to $1,675
- $1,680. Silver's 3 month chart also looks like a pennant or flag, but how do
you differentiate between a pennant and a bullish falling wedge? You wait to see
which way it breaks out. Both SILVER and GOLD PRICES are plenty oversold enough
to rally for a while. Why doubt I so stubbornly? I don't think the last shoe has
fallen in Europe. I can't shake the notion we are watching Phase II (2011
edition) of the Great Credit and Banking Debacle of the 21st century. The
mistakes, malinvestment, corruption, cronyism, vulturism, and unsalvageable
investments run so deep and wide -- all of it enabled and facilitated by the
banking system, who gets the real blame -- that only a colossal shift can get
the world's economy back up on the tracks. BICBW, since after all, I am only a
natural born fool from Tennessee, and not a wise central banker or New York
investment banker. Shucks, I don't even wear shoes except when it snows, and
they sure ain't no Guccis. I'm not pitting my judgement against yours. Silver
and gold are much more attractively priced now than two weeks ago, so if you
want to buy, go ahead. I surely can be too doubtful at the wrong time, but . . .
READ THIS AND WEEP: One great barrier to rebuilding the nation and the economy
is the hardened ignorance of public and politicians, and the politicians
truckling to the banks. 'Twas not always so. 173 years ago our Southern leaders
knew where unrestrained banking would lead, and warned of it. Read it and weep.
"If no check is put to the progress of events, no one will attain to wealth
and honor, who does not receive them at the hands of the bank aristocracy….And
yet the paper system is applauded to the skies, as the wing upon which England
has soared to her present prosperous height…but I have thought, and still
think, that we owe all these things to the enterprise and industry of our
citizens, and the abundant resources with which it has pleased Heaven to bless
our country. "And this brings me to the consideration of another evil of the
paper [money] system, and that is, its tendency to call men off from the most
productive employments to those which are less so, or not so at all; drawing
them off from the cultivation of the soil to become speculators, bank officers,
shopkeepers, and livers upon their wits. "All values are created by the
spontaneous production of the earth, by human labor, by animal procreation, or
by some or all of these united. The spontaneous production of the earth is, of
course, the most profitable to him who can avail himself of it of any other; and
the production of the earth, combined with human labor, furnishes at last the
basis of all wealth. " Every thing, therefore, which has a tendency to divert a
considerable portion of a nation from agricultural pursuits, by turning them to
speculation, professions, merchandise…where that nation possesses a suitable
field for agricultural pursuits, has, as a general rule, the effect of
diminishing the wealth of that nation. I conclude that Congress has not the
right, and if it had, it would not be expedient for it to undertake the creation
and regulation of a common paper medium through banks… "Sir, I have little
hope that the paper system will soon be arrested…Its swiftly moving car may
roll on; but let it not drag after it every thing dear to the earthly hopes of
man. Let the inflated balloon ascend if it will; but let it not, in its ascent,
wrench from their foundations the institutions of our country. (Speech of Robert
Strange of North Carolina on the Independent Treasury Bill in the US Senate, 6
March 1838, Congressional Globe, 25th Congress, 2d session, Appendix, 145-54)
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. -
Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. WARNING AND
DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade
futures contracts. I don't intend them for that or write them with that short
term trading outlook. I write them for long-term investors in physical metals.
Take them as entertainment, but not as a timing service for futures. NOR do I
recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT
physical metal and I fear one day one or another may go up in smoke. Unless you
can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary
of traps. NOR do I recommend trading futures options or other leveraged paper
gold and silver products. These are not for the inexperienced. NOR do I
recommend buying gold and silver on margin or with debt. What DO I recommend?
Physical gold and silver coins and bars in your own hands. One final warning:
NEVER insert a 747 Jumbo Jet up your nose.
Today : 30.317 Change : 0.522 or 1.8% Gold Silver Ratio Today : 54.12 Change :
-0.089 or -0.2% Silver Gold Ratio Today : 0.01848 Change : 0.000030 or 0.2%
Platinum Price Close Today : 1496.00 Change : 16.00 or 1.1% Palladium Price
Close Today : 577.00 Change : 11.00 or 1.9% S&P 500 : 1,144.03 Change : 20.08 or
1.8% Dow In GOLD$ : $137.83 Change : $ (0.49) or -0.4% Dow in GOLD oz : 6.667
Change : -0.024 or -0.4% Dow in SILVER oz : 360.85 Change : -1.92 or -0.5% Dow
Industrial : 10,939.95 Change : 131.24 or 1.2% US Dollar Index : 78.86 Change :
-0.733 or -0.9% Turned out that late in the day rally yesterday did foretell
higher prices today for SILVER and GOLD . Stocks didn't work out quite the same.
Dollar took a lick on the jaw. The Dow lumbered, stumbled, but ended up rising
today, ending near the high. Still, somebody was selling all the way up. Dow
closed up 131.24 (1.21%) at 10,939.95. Five day chart -- bad as I hate to admit
it -- shows a double bottom yesterday, and a rise through 10,700
support/resistance. S&P500 rose 20.08 (1.79%) to 1,144.03. Since August the Dow
has traced a sort if declining wedge, which presages a rally of some kind.
Nothing to get excited about until the Dow at least climbs over its 20 day
moving average at 11090. But the 200 dma is a high above the current Dow as the
heavens are above the earth, at at 11,974. I'd as soon take a cold rattlesnake
into my bosom to warm him up as to buy stocks. I'd probably have a better chance
of profit with the rattlesnake. After five up-days the US dollar index paid its
dues today and fell 0.94% or 73.3 basis points to 78.864. This altereth nothing.
Dollar might travel all the way back to the top of the trading channel it broke
out of, today about 77.25, and remain in its uptrend. Y'all might as well get
used to a stronger dollar for a while. After all, what's its competition? The
euro or yen? Gold and silver are the only real alternatives, but most investors
are still labouring under CBIM, or Central-Bank-Induced-Moronism, a condition
that results from listening to too much propaganda from central bank heads,
politicians, Keynesian economics professors, and newspapers. CBIM sufferers
manifest impaired rationality and numerous delusions, such as believing they are
"safe" in paper currencies, or that US government debt is "safe," or that banks
really have the money they claim to have, or worst of all, that banks can be
trusted. CBIM victims cling ferociously to these delusions, and may become
violent if you mention the S- or G-words to them. Only cure for CBIM is a double
dose of Reality Salts, which often comes as losing copious sums of money. But I
digress. Euro today closed up 0.18% at 1.3368, a meaningless change in a
meaningless market. Yen remains locked in fierce ambivalence, refusing to fall
or rise. Closed today up 0.13% at 130.34c/Y100 (Y76.72/$1). With yesterday's
GOLD PRICE low about $1,595 and today's at $1,598 (before New York opened), gold
appears to have made at least a temporary bottom. That gives it a platform for a
(probably short) rally. Standing above like the Great Wall of China warding off
barbarian invasions is that $1,675 resistance where the GOLD PRICE has twice
failed. I said within the last few days that gold's three month chart appears to
have traced out a flag, and flags always fly at half staff. That implies more
downside for GOLD, but for the next few days expect a rally once again to $1,675
- $1,680. Silver's 3 month chart also looks like a pennant or flag, but how do
you differentiate between a pennant and a bullish falling wedge? You wait to see
which way it breaks out. Both SILVER and GOLD PRICES are plenty oversold enough
to rally for a while. Why doubt I so stubbornly? I don't think the last shoe has
fallen in Europe. I can't shake the notion we are watching Phase II (2011
edition) of the Great Credit and Banking Debacle of the 21st century. The
mistakes, malinvestment, corruption, cronyism, vulturism, and unsalvageable
investments run so deep and wide -- all of it enabled and facilitated by the
banking system, who gets the real blame -- that only a colossal shift can get
the world's economy back up on the tracks. BICBW, since after all, I am only a
natural born fool from Tennessee, and not a wise central banker or New York
investment banker. Shucks, I don't even wear shoes except when it snows, and
they sure ain't no Guccis. I'm not pitting my judgement against yours. Silver
and gold are much more attractively priced now than two weeks ago, so if you
want to buy, go ahead. I surely can be too doubtful at the wrong time, but . . .
READ THIS AND WEEP: One great barrier to rebuilding the nation and the economy
is the hardened ignorance of public and politicians, and the politicians
truckling to the banks. 'Twas not always so. 173 years ago our Southern leaders
knew where unrestrained banking would lead, and warned of it. Read it and weep.
"If no check is put to the progress of events, no one will attain to wealth
and honor, who does not receive them at the hands of the bank aristocracy….And
yet the paper system is applauded to the skies, as the wing upon which England
has soared to her present prosperous height…but I have thought, and still
think, that we owe all these things to the enterprise and industry of our
citizens, and the abundant resources with which it has pleased Heaven to bless
our country. "And this brings me to the consideration of another evil of the
paper [money] system, and that is, its tendency to call men off from the most
productive employments to those which are less so, or not so at all; drawing
them off from the cultivation of the soil to become speculators, bank officers,
shopkeepers, and livers upon their wits. "All values are created by the
spontaneous production of the earth, by human labor, by animal procreation, or
by some or all of these united. The spontaneous production of the earth is, of
course, the most profitable to him who can avail himself of it of any other; and
the production of the earth, combined with human labor, furnishes at last the
basis of all wealth. " Every thing, therefore, which has a tendency to divert a
considerable portion of a nation from agricultural pursuits, by turning them to
speculation, professions, merchandise…where that nation possesses a suitable
field for agricultural pursuits, has, as a general rule, the effect of
diminishing the wealth of that nation. I conclude that Congress has not the
right, and if it had, it would not be expedient for it to undertake the creation
and regulation of a common paper medium through banks… "Sir, I have little
hope that the paper system will soon be arrested…Its swiftly moving car may
roll on; but let it not drag after it every thing dear to the earthly hopes of
man. Let the inflated balloon ascend if it will; but let it not, in its ascent,
wrench from their foundations the institutions of our country. (Speech of Robert
Strange of North Carolina on the Independent Treasury Bill in the US Senate, 6
March 1838, Congressional Globe, 25th Congress, 2d session, Appendix, 145-54)
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought. -
Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate in a bubble, primary
trend way down. Whenever I write "Stay out of stocks" readers inevitably ask,
"Do you mean precious metals mining stocks, too?" No, I don't. WARNING AND
DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade
futures contracts. I don't intend them for that or write them with that short
term trading outlook. I write them for long-term investors in physical metals.
Take them as entertainment, but not as a timing service for futures. NOR do I
recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT
physical metal and I fear one day one or another may go up in smoke. Unless you
can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary
of traps. NOR do I recommend trading futures options or other leveraged paper
gold and silver products. These are not for the inexperienced. NOR do I
recommend buying gold and silver on margin or with debt. What DO I recommend?
Physical gold and silver coins and bars in your own hands. One final warning:
NEVER insert a 747 Jumbo Jet up your nose.
Oracle CEO Puts Thumb On Salesforce Chief
While in San Francisco last week, I noticed that there were more yachts in the
bay than usual. It could only mean one thing: it's time for Oracle's
(Nasdaq: ORCL ) huge conference. The event attracts tens of thousands of
customers and media people. While they go there to get the latest on the
industry trends, the real reason is probably the parties (this year's
entertainment includes concerts from Sting and Tom Petty). However, for
Oracle's CEO Larry Ellison, it's also a great opportunity to take shots at
his rivals like IBM (NYSE: IBM ), SAP (NYSE: SAP ) and Hewlett-Packard (NYSE:
HPQ ). It must be nice to be a billionaire software tycoon, right? What's
more, Oracle continues to perform quite well, despite the global slowdown as
well as changes in technologies. Yet Ellison has a keen understanding of the big
picture, and interestingly enough, he may be getting nervous. Consider that he
abruptly cancelled the conference's keynote address by Marc Benioff, the
founder and CEO of Salesforce.com (NYSE: CRM ), a pioneer of cloud computing,
which allows customers to access software via the Net. It tends to be easier to
use, and the costs are generally lower, especially when compared to Oracle's
offerings. And Salesforce isn't standing still. Keep in mind that it continues
to launch new products like Data.com as well as make huge investments in social
media. To this end, the company has developed Chatter, which is essentially a
Facebook for businesses. Salesforce is growing at a rate that is reminiscent of
Oracle's heyday. In the latest quarter, revenue spiked by 38%, and the
company's market cap is now at about $15.6 billion. As for the keynote
cancellation, Benioff, a former Oracle executive, hasn't given up. On
Thursday, he'll give a presentation at San Francisco's St. Regis Hotel (he
tweeted that the "show must go on") across the street from the Oracle event.
So all in all, Ellison's decision, which looks like punishment for critical
comments of Ellson's Sunday speech retweeted by Benioff, looks fairly lame.
After all, over the years he has delighted on killing his rivals. So what's
the point of cracking down on Benioff? Oracle said the speech wasn't cancelled
but merely a scheduling change due to overwhelming attendance. Again, it sounds
lame. If anything, the episode only gives Benioff more visibility, which he
certainly craves. More importantly, it's yet another piece of evidence that
cloud-computing is a serious threat to traditional software. Tom Taulli is the
author of " All About Short Selling " and " All About Commodities ." You
can also find him at Twitter account @ttaulli. He does not own a position in any
of the stocks named here.
bay than usual. It could only mean one thing: it's time for Oracle's
(Nasdaq: ORCL ) huge conference. The event attracts tens of thousands of
customers and media people. While they go there to get the latest on the
industry trends, the real reason is probably the parties (this year's
entertainment includes concerts from Sting and Tom Petty). However, for
Oracle's CEO Larry Ellison, it's also a great opportunity to take shots at
his rivals like IBM (NYSE: IBM ), SAP (NYSE: SAP ) and Hewlett-Packard (NYSE:
HPQ ). It must be nice to be a billionaire software tycoon, right? What's
more, Oracle continues to perform quite well, despite the global slowdown as
well as changes in technologies. Yet Ellison has a keen understanding of the big
picture, and interestingly enough, he may be getting nervous. Consider that he
abruptly cancelled the conference's keynote address by Marc Benioff, the
founder and CEO of Salesforce.com (NYSE: CRM ), a pioneer of cloud computing,
which allows customers to access software via the Net. It tends to be easier to
use, and the costs are generally lower, especially when compared to Oracle's
offerings. And Salesforce isn't standing still. Keep in mind that it continues
to launch new products like Data.com as well as make huge investments in social
media. To this end, the company has developed Chatter, which is essentially a
Facebook for businesses. Salesforce is growing at a rate that is reminiscent of
Oracle's heyday. In the latest quarter, revenue spiked by 38%, and the
company's market cap is now at about $15.6 billion. As for the keynote
cancellation, Benioff, a former Oracle executive, hasn't given up. On
Thursday, he'll give a presentation at San Francisco's St. Regis Hotel (he
tweeted that the "show must go on") across the street from the Oracle event.
So all in all, Ellison's decision, which looks like punishment for critical
comments of Ellson's Sunday speech retweeted by Benioff, looks fairly lame.
After all, over the years he has delighted on killing his rivals. So what's
the point of cracking down on Benioff? Oracle said the speech wasn't cancelled
but merely a scheduling change due to overwhelming attendance. Again, it sounds
lame. If anything, the episode only gives Benioff more visibility, which he
certainly craves. More importantly, it's yet another piece of evidence that
cloud-computing is a serious threat to traditional software. Tom Taulli is the
author of " All About Short Selling " and " All About Commodities ." You
can also find him at Twitter account @ttaulli. He does not own a position in any
of the stocks named here.
Cisco Systems (NASDAQ:CSCO) Improves Conferencing With Social
Cisco Systems (NASDAQ:CSCO) has added more social functionality to its video
conferencing solutions. Cisco Systems (NASDAQ:CSCO) Improves Conferencing With
Social The US based networking technology giant Cisco Systems (NASDAQ:CSCO) has
improved its video conferencing solutions by adding video new 'capture,
transfer and share' feature. This new technology will help to record and
playback previous content during video conferencing sessions. Guido Jouret,
chief technical officer of enterprise video at Cisco Systems (NASDAQ:CSCO) said,
"People want to take a step beyond meetings and use social technologies to
improve the scalability of video conferencing solutions. We plan to leverage the
capture technologies that we require for video content." Cisco Systems Inc.
(NASDAQ:CSCO) stocks are currently standing at 15.58. Price History Last Price:
15.58 52 Week Low / High: 13.3 / 24.6 50 Day Moving Average: 15.64 6 Month Price
Change %: -9.5% 12 Month Price Change %: -28.4%
conferencing solutions. Cisco Systems (NASDAQ:CSCO) Improves Conferencing With
Social The US based networking technology giant Cisco Systems (NASDAQ:CSCO) has
improved its video conferencing solutions by adding video new 'capture,
transfer and share' feature. This new technology will help to record and
playback previous content during video conferencing sessions. Guido Jouret,
chief technical officer of enterprise video at Cisco Systems (NASDAQ:CSCO) said,
"People want to take a step beyond meetings and use social technologies to
improve the scalability of video conferencing solutions. We plan to leverage the
capture technologies that we require for video content." Cisco Systems Inc.
(NASDAQ:CSCO) stocks are currently standing at 15.58. Price History Last Price:
15.58 52 Week Low / High: 13.3 / 24.6 50 Day Moving Average: 15.64 6 Month Price
Change %: -9.5% 12 Month Price Change %: -28.4%
Top 10 Best-Performing Gaming Stocks Year-to-Date: UWN, MPEL, WYNN, ASCA, GPIC, PENN, CNTY, LVS, IGT, MCRI (Oct 05, 2011)
Below are the top 10 best-performing Gaming stocks year-to-date. One Chinese
company (MPEL) is on the list. Nevada Gold & Casinos (AMEX:UWN) is the 1st
best-performing stock year-to-date in this segment of the market. It is up 65.7%
year-to-date, and it is up 60.9% for the last 52 weeks. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 2nd best-performing stock
year-to-date in this segment of the market. It is up 25.9% year-to-date, and it
is up 48.6% for the last 52 weeks. Wynn Resorts, Limited (NASDAQ:WYNN) is the
3rd best-performing stock year-to-date in this segment of the market. It is up
14.4% year-to-date, and it is up 31.2% for the last 52 weeks. Ameristar Casinos,
Inc. (NASDAQ:ASCA) is the 4th best-performing stock year-to-date in this segment
of the market. It is up 4.9% year-to-date, and it is down 4.2% for the last 52
weeks. Gaming Partners International Corp. (NASDAQ:GPIC) is the 5th
best-performing stock year-to-date in this segment of the market. It is up 2.3%
year-to-date, and it is up 9.1% for the last 52 weeks. Penn National Gaming, Inc
(NASDAQ:PENN) is the 6th best-performing stock year-to-date in this segment of
the market. It is down 2.9% year-to-date, and it is up 12.8% for the last 52
weeks. Century Casinos, Inc. (NASDAQ:CNTY) is the 7th best-performing stock
year-to-date in this segment of the market. It is down 13.1% year-to-date, and
it is up 4.4% for the last 52 weeks. Las Vegas Sands Corp. (NYSE:LVS) is the 8th
best-performing stock year-to-date in this segment of the market. It is down
14.9% year-to-date, and it is up 7.4% for the last 52 weeks. International Game
Technology (NYSE:IGT) is the 9th best-performing stock year-to-date in this
segment of the market. It is down 17.8% year-to-date, and it is up 3.9% for the
last 52 weeks. Monarch Casino & Resort, Inc. (NASDAQ:MCRI) is the 10th
best-performing stock year-to-date in this segment of the market. It is down
17.9% year-to-date, and it is down 7.6% for the last 52 weeks.
company (MPEL) is on the list. Nevada Gold & Casinos (AMEX:UWN) is the 1st
best-performing stock year-to-date in this segment of the market. It is up 65.7%
year-to-date, and it is up 60.9% for the last 52 weeks. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 2nd best-performing stock
year-to-date in this segment of the market. It is up 25.9% year-to-date, and it
is up 48.6% for the last 52 weeks. Wynn Resorts, Limited (NASDAQ:WYNN) is the
3rd best-performing stock year-to-date in this segment of the market. It is up
14.4% year-to-date, and it is up 31.2% for the last 52 weeks. Ameristar Casinos,
Inc. (NASDAQ:ASCA) is the 4th best-performing stock year-to-date in this segment
of the market. It is up 4.9% year-to-date, and it is down 4.2% for the last 52
weeks. Gaming Partners International Corp. (NASDAQ:GPIC) is the 5th
best-performing stock year-to-date in this segment of the market. It is up 2.3%
year-to-date, and it is up 9.1% for the last 52 weeks. Penn National Gaming, Inc
(NASDAQ:PENN) is the 6th best-performing stock year-to-date in this segment of
the market. It is down 2.9% year-to-date, and it is up 12.8% for the last 52
weeks. Century Casinos, Inc. (NASDAQ:CNTY) is the 7th best-performing stock
year-to-date in this segment of the market. It is down 13.1% year-to-date, and
it is up 4.4% for the last 52 weeks. Las Vegas Sands Corp. (NYSE:LVS) is the 8th
best-performing stock year-to-date in this segment of the market. It is down
14.9% year-to-date, and it is up 7.4% for the last 52 weeks. International Game
Technology (NYSE:IGT) is the 9th best-performing stock year-to-date in this
segment of the market. It is down 17.8% year-to-date, and it is up 3.9% for the
last 52 weeks. Monarch Casino & Resort, Inc. (NASDAQ:MCRI) is the 10th
best-performing stock year-to-date in this segment of the market. It is down
17.9% year-to-date, and it is down 7.6% for the last 52 weeks.
The Tech Rumor Mill Floweth — Wednesday’s IP Market Recap
It's not nice to start rumors but no one's going to complain if they're
on the complimentary side of one. Such was the case for investors in Research In
Motion (NASDAQ: RIMM ) and Yahoo (NASDAQ: YHOO ), each of which saw their shares
elevate by more than 10% Wednesday on whispers of buyouts. A day after its first
foray under $20 since 2005, RIMM got an adrenaline boost from a report from The
Independent newspaper that said Vodafone (NASDAQ: VOD ) was considering a buyout
of the troubled BlackBerry maker. RIMM finished Wednesday at $23.59, a gain of
12.36% on the day. The sharp move was just one in a recent series for jumpy
Research In Motion shares, which also saw investors pounce on Tuesday's rumor
that the company had hired an investment bank, as well as on last weeks rumor
that investor Carl Icahn was interested in acquiring a large position in RIMM .
RIMM's down-on-its-luck buddy Yahoo rocketed up 10.1% to $15.92 on a report
that Microsoft (NASDAQ: MSFT ) was considering making another go at the company
after being rebuffed three years ago. Yahoo, which fired CEO Carol Bartz in
September , has had no shortage of alleged suitors since then, including Alibaba
(of which Yahoo owns a 43% share), private equity firms Silver and Andreessen
Horowitz, also-troubled AOL (NYSE: AOL ) and now Microsoft. The rumored buyers
also seemed to benefit, with Microsoft gaining 2.25% to $25.91, and Vodafone up
1.23% to $26.32. Outside the world of publicly traded stocks, sundae mogul
Friendly's announced Wednesday that it was filing for Chapter 11 bankruptcy .
The company, which employs about 10,000 people, will keep open 424 of its
restaurants while shuttering 63, leaving thousands of people wondering how
theyll get their Jim Dandy fix. Three Up Southern Peru Copper (NYSE: SCCO ): Up
10% ($2.40) to $26.39. Marathon Petroleum (NYSE: MPC ): Up 9.6% ($2.76) to
$31.52. Dow Chemical (NYSE: DOW ): Up 7.46% ($1.70) to $24.50. Three Down
Northern Oil & Gas (AMEX: NOG ): Down 5.06% ($1.05) to $19.71. Sears Holdings
(NASDAQ: SHLD ): Down 3.21% ($2.05) to $61.89. Yum! Brands (NYSE: YUM ): Down
2.67% ($1.32) to $48.12. As of this writing, Kyle Woodley did not own a share in
any of the aforementioned stocks.
on the complimentary side of one. Such was the case for investors in Research In
Motion (NASDAQ: RIMM ) and Yahoo (NASDAQ: YHOO ), each of which saw their shares
elevate by more than 10% Wednesday on whispers of buyouts. A day after its first
foray under $20 since 2005, RIMM got an adrenaline boost from a report from The
Independent newspaper that said Vodafone (NASDAQ: VOD ) was considering a buyout
of the troubled BlackBerry maker. RIMM finished Wednesday at $23.59, a gain of
12.36% on the day. The sharp move was just one in a recent series for jumpy
Research In Motion shares, which also saw investors pounce on Tuesday's rumor
that the company had hired an investment bank, as well as on last weeks rumor
that investor Carl Icahn was interested in acquiring a large position in RIMM .
RIMM's down-on-its-luck buddy Yahoo rocketed up 10.1% to $15.92 on a report
that Microsoft (NASDAQ: MSFT ) was considering making another go at the company
after being rebuffed three years ago. Yahoo, which fired CEO Carol Bartz in
September , has had no shortage of alleged suitors since then, including Alibaba
(of which Yahoo owns a 43% share), private equity firms Silver and Andreessen
Horowitz, also-troubled AOL (NYSE: AOL ) and now Microsoft. The rumored buyers
also seemed to benefit, with Microsoft gaining 2.25% to $25.91, and Vodafone up
1.23% to $26.32. Outside the world of publicly traded stocks, sundae mogul
Friendly's announced Wednesday that it was filing for Chapter 11 bankruptcy .
The company, which employs about 10,000 people, will keep open 424 of its
restaurants while shuttering 63, leaving thousands of people wondering how
theyll get their Jim Dandy fix. Three Up Southern Peru Copper (NYSE: SCCO ): Up
10% ($2.40) to $26.39. Marathon Petroleum (NYSE: MPC ): Up 9.6% ($2.76) to
$31.52. Dow Chemical (NYSE: DOW ): Up 7.46% ($1.70) to $24.50. Three Down
Northern Oil & Gas (AMEX: NOG ): Down 5.06% ($1.05) to $19.71. Sears Holdings
(NASDAQ: SHLD ): Down 3.21% ($2.05) to $61.89. Yum! Brands (NYSE: YUM ): Down
2.67% ($1.32) to $48.12. As of this writing, Kyle Woodley did not own a share in
any of the aforementioned stocks.
Google Alert - gas prices today
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| TSX jumps amid rising oil prices Toronto Star The S&P/TSX composite index rose 279.3 points to 11457.22 as investors moved in to pick up stocks that had been badly beaten down in price during the latest run of sharp losses. "You're seeing a recovery in a lot of the sectors today," said Jeff ... See all stories on this topic » |
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Google Alert - antiques coin
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| Head on over to Treasure Hunters Roadshow Northumberland Today ... buying precious metals, collectibles, antiques and other historical items. ... Also there was one old gold coin. The Roadshow people are not appraisers. ... |
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Gold, Silver Futures Turn Higher as U.S. Dolllar Retreats
Gold and silver futures turned sharply higher Wednesday afternoon amid a
broad-based rally in the commodities complex. COMEX gold futures, per the
December contract, advanced $25.80, or 1.6%, to $1,641.80 per ounce.
broad-based rally in the commodities complex. COMEX gold futures, per the
December contract, advanced $25.80, or 1.6%, to $1,641.80 per ounce.
Constellation Brands — How to Play Thursday’s Earnings Report
Wine and beer company Constellation Brands (NYSE: STZ ) reports earnings for
the quarter ending Aug. 31 on Thursday. With a market that is highly correlated
at the moment, the earnings news should help investors separate fact from
fiction. Historically, the beer and wine industry is said to be defensive. Sales
in the category are likely to show incremental growth irrespective of economic
conditions. Given the stresses in the economy at the moment, one might think
more consumers are drinking their troubles away . The market, of course, is
focused on other items at the moment mainly issues in Europe and the
possibility of a double-dip recession. During the past four quarters,
Constellation has exceeded average Wall Street estimates: In the last quarter
ending May 31, the company beat estimates but reduced guidance for the year. The
company stated it would make less because of charges associated with layoffs.
Normally such a one-time event would not be a concern, but in this market
environment, investors ran for the hills. Interestingly the Wall Street
estimates for the quarter ending Aug. 31 have increased during the past 90 days.
The expectation today is for the company to make 66 cents per share, up from 62
cents per share. For the fiscal year ending Feb. 28, 2012, the average Wall
Street estimate is $1.98 per share. That number increases 9% to $2.15 in the
following year. Click to Enlarge At current prices, STZ shares trade for nine
times current-fiscal-year estimated earnings. Since the last earnings report,
shares have fallen in value by 11%. During the past 12 months, the stock is
flat. Given the volatility in the market, one would think investors would be
flocking to Constellation. The defensive nature of the company combined with
strong demand for its products ought to be attractive to anyone looking to
preserve capital with the prospect of incremental growth. Constellation is
trading for a multiple of earnings equal to its expected profit growth rate.
That is cheap considering other alternatives. If demand for spirits is growing
because of distress around the globe, earnings are likely to be better than
expected. I don't think investors can get hurt owning Constellation at these
levels. Look for the company to meet increased Wall Street expectations in the
period when it reports results Thursday. Shares likely will jump 3% to 5% with
solid numbers. Other companies reporting results this week include Helen of Troy
(NASDAQ: HELE ). As of this writing, Jamie Dlugosch did not own a position in
any of the aforementioned stocks.
the quarter ending Aug. 31 on Thursday. With a market that is highly correlated
at the moment, the earnings news should help investors separate fact from
fiction. Historically, the beer and wine industry is said to be defensive. Sales
in the category are likely to show incremental growth irrespective of economic
conditions. Given the stresses in the economy at the moment, one might think
more consumers are drinking their troubles away . The market, of course, is
focused on other items at the moment mainly issues in Europe and the
possibility of a double-dip recession. During the past four quarters,
Constellation has exceeded average Wall Street estimates: In the last quarter
ending May 31, the company beat estimates but reduced guidance for the year. The
company stated it would make less because of charges associated with layoffs.
Normally such a one-time event would not be a concern, but in this market
environment, investors ran for the hills. Interestingly the Wall Street
estimates for the quarter ending Aug. 31 have increased during the past 90 days.
The expectation today is for the company to make 66 cents per share, up from 62
cents per share. For the fiscal year ending Feb. 28, 2012, the average Wall
Street estimate is $1.98 per share. That number increases 9% to $2.15 in the
following year. Click to Enlarge At current prices, STZ shares trade for nine
times current-fiscal-year estimated earnings. Since the last earnings report,
shares have fallen in value by 11%. During the past 12 months, the stock is
flat. Given the volatility in the market, one would think investors would be
flocking to Constellation. The defensive nature of the company combined with
strong demand for its products ought to be attractive to anyone looking to
preserve capital with the prospect of incremental growth. Constellation is
trading for a multiple of earnings equal to its expected profit growth rate.
That is cheap considering other alternatives. If demand for spirits is growing
because of distress around the globe, earnings are likely to be better than
expected. I don't think investors can get hurt owning Constellation at these
levels. Look for the company to meet increased Wall Street expectations in the
period when it reports results Thursday. Shares likely will jump 3% to 5% with
solid numbers. Other companies reporting results this week include Helen of Troy
(NASDAQ: HELE ). As of this writing, Jamie Dlugosch did not own a position in
any of the aforementioned stocks.
Top 10 Best-Performing Electrical Stocks Year-to-Date: AETI, IPGP, HYGS, CCIX, NOIZ, TRNS, MLAB, HRBN, GNRC, RELL (Oct 05, 2011)
Below are the top 10 best-performing Electrical stocks year-to-date. One
Chinese company (HRBN) is on the list. American Electric Technologies, Inc.
(NASDAQ:AETI) is the 1st best-performing stock year-to-date in this segment of
the market. It is up 62.7% year-to-date, and it is up 56.3% for the last 52
weeks. IPG Photonics Corporation (NASDAQ:IPGP) is the 2nd best-performing stock
year-to-date in this segment of the market. It is up 42.8% year-to-date, and it
is up 93.2% for the last 52 weeks. Hydrogenics Corporation (USA) (NASDAQ:HYGS)
is the 3rd best-performing stock year-to-date in this segment of the market. It
is up 39.4% year-to-date, and it is up 35.4% for the last 52 weeks. Coleman
Cable, Inc. (NASDAQ:CCIX) is the 4th best-performing stock year-to-date in this
segment of the market. It is up 29.1% year-to-date, and it is up 40.6% for the
last 52 weeks. Micronetics Inc. (NASDAQ:NOIZ) is the 5th best-performing stock
year-to-date in this segment of the market. It is up 28.3% year-to-date, and it
is up 18.4% for the last 52 weeks. Transcat, Inc. (NASDAQ:TRNS) is the 6th
best-performing stock year-to-date in this segment of the market. It is up 27.4%
year-to-date, and it is up 50.9% for the last 52 weeks. Mesa Laboratories, Inc.
(NASDAQ:MLAB) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 23.1% year-to-date, and it is up 60.6% for the last 52
weeks. Harbin Electric, Inc. (NASDAQ:HRBN) is the 8th best-performing stock
year-to-date in this segment of the market. It is up 21.5% year-to-date, and it
is up 19.6% for the last 52 weeks. Generac Holdings Inc. (NYSE:GNRC) is the 9th
best-performing stock year-to-date in this segment of the market. It is up 21.2%
year-to-date, and it is up 39.9% for the last 52 weeks. Richardson Electronics,
Ltd. (NASDAQ:RELL) is the 10th best-performing stock year-to-date in this
segment of the market. It is up 17.7% year-to-date, and it is up 34.2% for the
last 52 weeks.
Chinese company (HRBN) is on the list. American Electric Technologies, Inc.
(NASDAQ:AETI) is the 1st best-performing stock year-to-date in this segment of
the market. It is up 62.7% year-to-date, and it is up 56.3% for the last 52
weeks. IPG Photonics Corporation (NASDAQ:IPGP) is the 2nd best-performing stock
year-to-date in this segment of the market. It is up 42.8% year-to-date, and it
is up 93.2% for the last 52 weeks. Hydrogenics Corporation (USA) (NASDAQ:HYGS)
is the 3rd best-performing stock year-to-date in this segment of the market. It
is up 39.4% year-to-date, and it is up 35.4% for the last 52 weeks. Coleman
Cable, Inc. (NASDAQ:CCIX) is the 4th best-performing stock year-to-date in this
segment of the market. It is up 29.1% year-to-date, and it is up 40.6% for the
last 52 weeks. Micronetics Inc. (NASDAQ:NOIZ) is the 5th best-performing stock
year-to-date in this segment of the market. It is up 28.3% year-to-date, and it
is up 18.4% for the last 52 weeks. Transcat, Inc. (NASDAQ:TRNS) is the 6th
best-performing stock year-to-date in this segment of the market. It is up 27.4%
year-to-date, and it is up 50.9% for the last 52 weeks. Mesa Laboratories, Inc.
(NASDAQ:MLAB) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 23.1% year-to-date, and it is up 60.6% for the last 52
weeks. Harbin Electric, Inc. (NASDAQ:HRBN) is the 8th best-performing stock
year-to-date in this segment of the market. It is up 21.5% year-to-date, and it
is up 19.6% for the last 52 weeks. Generac Holdings Inc. (NYSE:GNRC) is the 9th
best-performing stock year-to-date in this segment of the market. It is up 21.2%
year-to-date, and it is up 39.9% for the last 52 weeks. Richardson Electronics,
Ltd. (NASDAQ:RELL) is the 10th best-performing stock year-to-date in this
segment of the market. It is up 17.7% year-to-date, and it is up 34.2% for the
last 52 weeks.
“We expect gold prices to continue to recover over the balance of 2011″
While many investment banks have lowered their gold price targets in recent
weeks, Credit Suisse did the opposite. The firm lifted its average 2012 estimate
from $1,540 to $1,850 per ounce, and forecasted that the yellow metal will
rebound from last months weakness over the remainder of 2011. Given that many of
the factors that have underpinned the rapid increase most importantly, fears of
a global meltdown remain in place, we expect gold prices to continue to recover
over the balance of 2011, analyst Tom Kendall wrote in a note to clients.
Looking out over the next several years, however, Kendall was not as bullish.
weeks, Credit Suisse did the opposite. The firm lifted its average 2012 estimate
from $1,540 to $1,850 per ounce, and forecasted that the yellow metal will
rebound from last months weakness over the remainder of 2011. Given that many of
the factors that have underpinned the rapid increase most importantly, fears of
a global meltdown remain in place, we expect gold prices to continue to recover
over the balance of 2011, analyst Tom Kendall wrote in a note to clients.
Looking out over the next several years, however, Kendall was not as bullish.
Wednesday Apple Rumors — 4G iPhone 5 Coming in 2012
Here are your Apple rumors and news items for Wednesday: iPhone 5 Saved for 4G
Networks: Apple (NASDAQ: AAPL ) shares stabilized before the market closed
Tuesday, but the companys failure to announce the iPhone 5 at its press
conference rankled enough investors that the stock dropped by more than 4% in
afternoon trading before rebounding. Forget the fact that the iPhone 4S is a
marked upgrade over 2010s model. The industry and consumers alike expected the
iPhone 5. Theyre still going to get the iPhone 5, though in 2012, according to
Forward Concepts analyst Will Strauss. Speaking with CNET in a Tuesday report,
Struass said Apple is likely holding off on the iPhone 5 brand until it releases
a phone for Verizon (NYSE: VZ ) and AT&T s (NYSE: T ) 4G LTE networks. Apple has
been wary of releasing an LTE-compatible iPhone to date; CEO Tim Cook said
during Apples April earnings conference call that the first generation of LTE
chipsets force a lot of design compromises. There have been hints that Apple is
working on such a phone. China Mobile (NYSE: CHL ) suggested on Sept. 15 that
Apple is preparing an LTE iPhone . China Unicom (NYSE: CHU ), on the other hand,
has hinted that the iPhone 5 will use the HSPA+ standard , the same one used in
T-Mobiles 4G network. Samsung Swings at iPhone 4S: Samsung (PINK: SSNLF ) wants
Apple to know that two can play at that game. The Korean technology manufacturer
announced on Wednesday via its official blog that it has made preliminary
injunction filings to have the iPhone 4S blocked from sale around the world due
to patent infringement. Starting with France and Italy, Samsung is looking to do
to Apples new smartphone precisely what Apple has done to the Samsung Galaxy
line of smartphones and tablets elsewhere. It promised to file new injunctions
in other countries as well. These two really need to learn to play nice.
Recycling Gets You $200 for Your iPhone 4: Apple has started an aggressive
iPhone recycling program, according to a Wednesday report at 9 to 5 Mac . The
new Reuse and Recycle program is taking older iPhones and giving out Apple gift
cards in return. Depending on the condition of the old phone, Apple will give up
to $200 the same price as the 16GB model of the new iPhone 4S. Given that Apple
has done good business with refurbished devices in the past, the new incentive
program should prove profitable 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
Networks: Apple (NASDAQ: AAPL ) shares stabilized before the market closed
Tuesday, but the companys failure to announce the iPhone 5 at its press
conference rankled enough investors that the stock dropped by more than 4% in
afternoon trading before rebounding. Forget the fact that the iPhone 4S is a
marked upgrade over 2010s model. The industry and consumers alike expected the
iPhone 5. Theyre still going to get the iPhone 5, though in 2012, according to
Forward Concepts analyst Will Strauss. Speaking with CNET in a Tuesday report,
Struass said Apple is likely holding off on the iPhone 5 brand until it releases
a phone for Verizon (NYSE: VZ ) and AT&T s (NYSE: T ) 4G LTE networks. Apple has
been wary of releasing an LTE-compatible iPhone to date; CEO Tim Cook said
during Apples April earnings conference call that the first generation of LTE
chipsets force a lot of design compromises. There have been hints that Apple is
working on such a phone. China Mobile (NYSE: CHL ) suggested on Sept. 15 that
Apple is preparing an LTE iPhone . China Unicom (NYSE: CHU ), on the other hand,
has hinted that the iPhone 5 will use the HSPA+ standard , the same one used in
T-Mobiles 4G network. Samsung Swings at iPhone 4S: Samsung (PINK: SSNLF ) wants
Apple to know that two can play at that game. The Korean technology manufacturer
announced on Wednesday via its official blog that it has made preliminary
injunction filings to have the iPhone 4S blocked from sale around the world due
to patent infringement. Starting with France and Italy, Samsung is looking to do
to Apples new smartphone precisely what Apple has done to the Samsung Galaxy
line of smartphones and tablets elsewhere. It promised to file new injunctions
in other countries as well. These two really need to learn to play nice.
Recycling Gets You $200 for Your iPhone 4: Apple has started an aggressive
iPhone recycling program, according to a Wednesday report at 9 to 5 Mac . The
new Reuse and Recycle program is taking older iPhones and giving out Apple gift
cards in return. Depending on the condition of the old phone, Apple will give up
to $200 the same price as the 16GB model of the new iPhone 4S. Given that Apple
has done good business with refurbished devices in the past, the new incentive
program should prove profitable 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
What Industry Will Apple Crush Next?
When Apple (NASDAQ: AAPL ) enters your market, be concerned. The company has
transformed industries like music, mobile phones and digital photography. Just
look at how a phone with a decent camera has made Kodak (NYSE: EK ) and others
become irrelevant. Tuesdays announcement of the iPhone 4s was fairly
underwhelming, but it included news that might make life tough for some
companies. Apple has a new app called "Cards," which allows you to take
pictures, turn them into postcards, then submit them to Apple for printing and
sending. Each domestic card will cost $2.99, and foreign cards will cost $4.99.
Pretty cool. But this technology stands to put some pressure on a variety of
players in the space. On Tuesdays news, shares of American Greetings (NYSE: AM )
dropped by about 6.5%, and Shutterfly's (NASDAQ: SFLY ) stock dipped by as
much as 17%. So might these companies be cannon fodder for Apple? In reality,
it's not likely. Even though the greeting card market is large, it probably is
not a high priority for Apple. If anything, it is just another piece of
ancillary revenue. So why not take some of it? American Greetings and Shutterfly
have the advantage of being highly focused on their core market. It means they
can leverage their brand as well as their distribution footprint. In the case of
Shutterfly, it has partnerships with big names like Target (NYSE: TGT ), Sony
(NYSE: SNE ) and Adobe (NASDAQ: ADBE ). Moreover, the company has a substantial
user base as well as an extensive catalog of designs. So should investors see
this as an opportunity to buy Shutterfly or American Greetings on the weakness?
Probably not for American Greetings, which remains a primarily brick-and-mortar
operator thus, its growth ramp has been sluggish. Shutterfly, however, does not
have this problem. Consider that the company posted a 62% ramp in revenue during
the latest quarter. Unfortunately, the valuation remains fairly robust, at 75
times earnings. As seen with other high-fliers like OpenTable (NASDAQ: OPEN )
or even Netflix (NASDAQ: NFLX ) it can be dangerous to play these kinds of
stocks. So it probably is better to wait for a much more material drop in the
stock price before jumping in. Tom Taulli is the author of "All About Short
Selling" and "All About Commodities." You can also find him at Twitter
account @ttaulli. He does not own a position in any of the stocks named here.
transformed industries like music, mobile phones and digital photography. Just
look at how a phone with a decent camera has made Kodak (NYSE: EK ) and others
become irrelevant. Tuesdays announcement of the iPhone 4s was fairly
underwhelming, but it included news that might make life tough for some
companies. Apple has a new app called "Cards," which allows you to take
pictures, turn them into postcards, then submit them to Apple for printing and
sending. Each domestic card will cost $2.99, and foreign cards will cost $4.99.
Pretty cool. But this technology stands to put some pressure on a variety of
players in the space. On Tuesdays news, shares of American Greetings (NYSE: AM )
dropped by about 6.5%, and Shutterfly's (NASDAQ: SFLY ) stock dipped by as
much as 17%. So might these companies be cannon fodder for Apple? In reality,
it's not likely. Even though the greeting card market is large, it probably is
not a high priority for Apple. If anything, it is just another piece of
ancillary revenue. So why not take some of it? American Greetings and Shutterfly
have the advantage of being highly focused on their core market. It means they
can leverage their brand as well as their distribution footprint. In the case of
Shutterfly, it has partnerships with big names like Target (NYSE: TGT ), Sony
(NYSE: SNE ) and Adobe (NASDAQ: ADBE ). Moreover, the company has a substantial
user base as well as an extensive catalog of designs. So should investors see
this as an opportunity to buy Shutterfly or American Greetings on the weakness?
Probably not for American Greetings, which remains a primarily brick-and-mortar
operator thus, its growth ramp has been sluggish. Shutterfly, however, does not
have this problem. Consider that the company posted a 62% ramp in revenue during
the latest quarter. Unfortunately, the valuation remains fairly robust, at 75
times earnings. As seen with other high-fliers like OpenTable (NASDAQ: OPEN )
or even Netflix (NASDAQ: NFLX ) it can be dangerous to play these kinds of
stocks. So it probably is better to wait for a much more material drop in the
stock price before jumping in. Tom Taulli is the author of "All About Short
Selling" and "All About Commodities." You can also find him at Twitter
account @ttaulli. He does not own a position in any of the stocks named here.
Todays Gold Price per ounce Spot gold price per gram; Silver price per ounce spot silver price trends mid-day
Gold price per ounce contract rates for December delivery fell into the red
once again to close out the last trading session in the U.S. Silver price er
ounce rates followed the same path last session and closed out the day negative
overall. The market has been a choppy place and the environment leads to
inconsistencies. Throughout the majority of the last trading session, the
primary stock composites moved below break-even but then swung significantly
higher during the closing hour of trading. Investors are having a difficult time
processing the data coming from the eurozone. Debt default in Greece, paired
with weak manufacturing data in Asia, is keeping investors on edge. Gold and
silver pricing has remained off kilter now for weeks as a result. The value
trend line for both metals over the course of the past month is significantly
negative. Prior to opening bell this morning, spot gold per gram and spot silver
per ounce price trends were still posting negative. As todays session reached
mid-day, the primary stock composites in the U.S. were trending in the green and
gold and silver contracts were still posting values below break-even. Gold
contract for December delivery posted a mid-day mark that was negative by .15
percent on the day. Gold price per ounce posted at 1613.50 per troy ounce.
Silver posted negative action as well. Electronic price for December delivery
silver was negative by .32 percent at 29.74 per troy ounce. Spot gold and spot
silver were moving in positive territory at this point however. Spot gold per
gram was higher by .39 at 52.35 and spot silver per ounce was higher by .36 at
30.20. The positive trends for spot gold and spot silver could mean a rebound
overall for gold and silver prices by the end of the session today. Camillo
Zucari
once again to close out the last trading session in the U.S. Silver price er
ounce rates followed the same path last session and closed out the day negative
overall. The market has been a choppy place and the environment leads to
inconsistencies. Throughout the majority of the last trading session, the
primary stock composites moved below break-even but then swung significantly
higher during the closing hour of trading. Investors are having a difficult time
processing the data coming from the eurozone. Debt default in Greece, paired
with weak manufacturing data in Asia, is keeping investors on edge. Gold and
silver pricing has remained off kilter now for weeks as a result. The value
trend line for both metals over the course of the past month is significantly
negative. Prior to opening bell this morning, spot gold per gram and spot silver
per ounce price trends were still posting negative. As todays session reached
mid-day, the primary stock composites in the U.S. were trending in the green and
gold and silver contracts were still posting values below break-even. Gold
contract for December delivery posted a mid-day mark that was negative by .15
percent on the day. Gold price per ounce posted at 1613.50 per troy ounce.
Silver posted negative action as well. Electronic price for December delivery
silver was negative by .32 percent at 29.74 per troy ounce. Spot gold and spot
silver were moving in positive territory at this point however. Spot gold per
gram was higher by .39 at 52.35 and spot silver per ounce was higher by .36 at
30.20. The positive trends for spot gold and spot silver could mean a rebound
overall for gold and silver prices by the end of the session today. Camillo
Zucari
Todays Dow Jones Industrial Average DJIA IndexDJX DJI, S&P 500, Nasdaq, Stock Market Investing Money For Profit News Mid-Day Today
The Primary stock index composites in the U.S. were able to finish Tuesdays
trading session in positive territory across the board. The DJIA, as well as the
Nasdaq and the S&P 500 closed out the last session in the green. The session was
choppy however as economists struggle to process the default process happening
in Greece. Most now feel that default is inevitable with timing being the
unknown variable. The uncertainty is keeping investors on edge and causing
trading volatility. The primary stock index composites spent the majority of the
last trading session moving in negative territory and then jumped during the
latter half of the session. The large losses that enveloped the marketplace
through a majority of the day were wiped out with a wild swing to higher ground.
Prior to opening bell this morning, futures were still mixed and indicators
reveal that todays session could be another up and down ride. The worsening debt
situation in Europe, paired with general fears of global recession, should add
additional instability to market trends as the day and weeks progress. As todays
session approaches the halfway point, the primary index composites in the U.S.
are green. The Institute for Supply Management posted its services report and
revealed an uptick in business activity. This posting was better than expected
and thus helped to push indices higher overall. The Dow Jones was green by .34
percent at 10,854.04. The Nasdaq was green by 1.37 at 2,437.20 and the S&P 500
was green by .64 percent at 1,131.14. Investors continue to keep an eye on
developments in Europe. The developments at this point only serve to add weight
to stocks trend lines that are already struggling. Frank Matto
trading session in positive territory across the board. The DJIA, as well as the
Nasdaq and the S&P 500 closed out the last session in the green. The session was
choppy however as economists struggle to process the default process happening
in Greece. Most now feel that default is inevitable with timing being the
unknown variable. The uncertainty is keeping investors on edge and causing
trading volatility. The primary stock index composites spent the majority of the
last trading session moving in negative territory and then jumped during the
latter half of the session. The large losses that enveloped the marketplace
through a majority of the day were wiped out with a wild swing to higher ground.
Prior to opening bell this morning, futures were still mixed and indicators
reveal that todays session could be another up and down ride. The worsening debt
situation in Europe, paired with general fears of global recession, should add
additional instability to market trends as the day and weeks progress. As todays
session approaches the halfway point, the primary index composites in the U.S.
are green. The Institute for Supply Management posted its services report and
revealed an uptick in business activity. This posting was better than expected
and thus helped to push indices higher overall. The Dow Jones was green by .34
percent at 10,854.04. The Nasdaq was green by 1.37 at 2,437.20 and the S&P 500
was green by .64 percent at 1,131.14. Investors continue to keep an eye on
developments in Europe. The developments at this point only serve to add weight
to stocks trend lines that are already struggling. Frank Matto
Gold Stocks Rebound, GDX Climbs 2.3%
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD STOCKS NEWS – Gold stocks climbed Wednesday as the Market Vectors Gold Miners ETF (GDX) rose $1.22, or 2.3%, to $53.72 per share.
Top 10 Most Widely Followed Small Cap Stocks: STP, SPWRA, TSL, ARO, FHN, CAVM, ITRI, CAKE, LEAP, SNV (Oct 05, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 most widely followed Small Cap stocks, based on the number of brokerage analysts following them. Two Chinese companies (STP, TSL) are on the list. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 1st most widely followed stock in this segment of the market. It is covered by 38 analysts. It currently receives positive investment ratings from 7 brokerage analysts. SunPower Corporation (NASDAQ:SPWRA) is the 2nd most widely followed stock in this segment of the market. It is covered by 35 analysts. It currently receives positive investment ratings from 4 brokerage analysts. Trina Solar Limited (ADR) (NYSE:TSL) is the 3rd most widely followed stock in this segment of the market. It is covered by 33 analysts. It currently receives positive investment ratings from 22 brokerage analysts. Aeropostale, Inc. (NYSE:ARO) is the 4th most widely followed stock in this segment of the market. It is covered by 33 analysts. It currently receives positive investment ratings from 6 brokerage analysts. First Horizon National Corporation (NYSE:FHN) is the 5th most widely followed stock in this segment of the market. It is covered by 30 analysts. It currently receives positive investment ratings from 13 brokerage analysts. Cavium Inc (NASDAQ:CAVM) is the 6th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 14 brokerage analysts. Itron, Inc. (NASDAQ:ITRI) is the 7th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 13 brokerage analysts. The Cheesecake Factory Incorporated (NASDAQ:CAKE) is the 8th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 10 brokerage analysts. Leap Wireless International, Inc. (NASDAQ:LEAP) is the 9th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 8 brokerage analysts. Synovus Financial Corp. (NYSE:SNV) is the 10th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 6 brokerage analysts.
Apple’s Siri — A New Level of Computer-Speak
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace In science-fiction movies, it's natural to see people talk to computers. Of course, things usually go very wrong, a la Hal 9000, which decided to kill his masters. Unfazed by literature, today's tech geniuses continue to work hard on developing human-like computers to make our lives better. To this end, IBM (NYSE: IBM ) has Watson, which beat two top Jeopardy champions. Google ( NASDAQ : GOOG ) has developed some cool voice-activated applications. And Nuance ( NASDAQ : NUAN ) has created voice-recognition software. Now Apple ( NASDAQ : AAPL ) has moved into the game as well with Siri, which essentially is your own virtual personal assistant. The voice recognition doesn’t just hear you — according to Apple, it “understands” you. If you ask it one question, and it answers, and you ask a subsequent question, it will answer that while keeping the first question in mind for context. Of course, speech-recognition and voice-command programs have had mixed success. After all, it is extremely difficult to interpret the spoken language — as well as understand the nuanced meanings (or even crude ones). For the most part, human personal assistants have remained a fairly secure job segment. But might Siri represent a tipping point? At this week's announcement of the iPhone 4S, the product demo certainly had a cool air about it. And Apple has some of the world's smartest engineers. So it should be able to make Siri a success, right? Maybe. But right now, there’s a couple flaws, and not just in the technology. Consider this: In the Japanese language, Siri sounds much like the word "shiri," which refers to the buttocks. As should be no surprise, Twitter has come alive with jokes poking fun at the slip-up. OK, this is not necessarily a brand killer. Foreign language translations have been a problem of some of the world's best companies. Still, when it comes to human-like computers, it's probably a good bet there will be lots of kinks to work out. But if such things are going to become mainstream — and not just mostly science fiction — it's still probably Apple that will be able to pull it off. Tom Taulli is the author of "All About Short Selling" and "All About Commodities." You can also find him at Twitter account @ttaulli. He does not own a position in any of the stocks named here.
Apple Backs Itself Into a Language Laugh With iPhone’s Siri
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Apple ( NASDAQ : AAPL ) might have disappointed the hordes of people dying to get their hands on an iPhone 5 when it announced the new iPhone 4S on Tuesday, but the company still managed to impress with new apps. Particularly impressive is Siri, Apple’s new voice-command app that lets you literally talk to your iPhone. Need to know how bad traffic is in your area? Just ask the phone, and Siri will give you real-time data on traffic outside. However, Apple forgot the cardinal rule of language-based technology: If you build it, your audience is going to make lewd jokes with it. And Apple’s new app made it all too easy for people to turn it into a joke, considering what Siri sounds like in Japanese. Here’s a hint: The iPhone 4S almost certainly will be Sir Mix-a-Lot’s favorite smartphone. To Japan, the name Siri sounds almost identical to å°», pronounced shiri . Shiri is a colloquialism for — in the politest possible sense — buttocks. Its proper usage, however, is crude. As Yoree Koh of The Wall Street Journal put it, the comparable term in English rhymes with “crass.” Compliments for Apple’s major new technology, likely to be the focus of marketing campaigns across the world, will make the speaker sound like a cat-calling construction worker in Japan. Shortly after Siri was announced, both “Siri” and “shiri” became trending topics on Twitter in Japan. Google Japan searches for Apple’s new voice recognition software had the search engine asking users if they actually were looking for “shiri,” and it isn’t difficult to imagine what the image search returned on those queries. Given Apple’s flair for branding, it’s surprising that the company didn’t know about this potential gaffe before announcing Siri to the world. Japan is, after all, a major market for the company. The iPhone itself was the first major smartphone success in the country, capturing 72% of the Japanese smartphone market by the middle of 2010. Although Google ( NASDAQ : GOOG ) Android phones have narrowed the gap in 2011, diminishing Apple’s share of the total market to 38%, Japan still is a major market for Apple. The Cupertino, Calif.-based company shipped 3.23 million iPhones in the country in the last fiscal year. When your biggest mobile operating system competitor has crushed your lead in less than 12 months, it probably isn’t the best idea to name a major new feature of iOS after butts. This is Apple, though. The iPhone 4S and Siri should prove as popular as previous Apple mobile products — named after someone’s rear or not. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Apple Inc. (NASDAQ:AAPL) Expands Delivery Network
XCSFDHG46767FHJHJF
tdp2664 E money daily Apple Inc. ( NASDAQ :AAPL) has selected KDDI to sell the new iPhone in Japan. Apple Inc. ( NASDAQ :AAPL) Expands Delivery Network Breaking Softbank Corp.’s exclusive hold on iPhone products in the country, Apple Inc. ( NASDAQ :AAPL) has confirmed that mobile carrier KDDI will sell its latest iPhone 4S in Japan. According to KDDI, it has not yet decided when it will begin to offer the latest version of the Apple Inc. (NASDAQ:AAPL)'s iPhone, to be launched in Japan on Oct. 14. However, further details of the plan are expected to be released soon. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 372.5. Price History Last Price: 372.5 52 Week Low / High: 281.82 / 422.86 50 Day Moving Average: 384.67 6 Month Price Change %: 9.9% 12 Month Price Change %: 33.7%
Gold and Silver Prices Monthly Outlook for October 2011
Gold and silver prices demonstrated during September one of the worst
performance in recent years. After the sharp rally in gold price during August
as it nearly reached the $1,900 mark, gold price tumbled down to below $1,600
mark, while silver price also followed and fell below the $30 mark. What were
the main factors that contributed to these large falls in September? These
factors include the FOMC decision to purchase long term securities, the CME
margin requirements hike on gold and silver contracts and the shift of traders
during the second part of September away from traditional safe haven
investments. Despite the sharp falls in precious metals prices, the high
uncertainty in the financial markets is still high vis-
performance in recent years. After the sharp rally in gold price during August
as it nearly reached the $1,900 mark, gold price tumbled down to below $1,600
mark, while silver price also followed and fell below the $30 mark. What were
the main factors that contributed to these large falls in September? These
factors include the FOMC decision to purchase long term securities, the CME
margin requirements hike on gold and silver contracts and the shift of traders
during the second part of September away from traditional safe haven
investments. Despite the sharp falls in precious metals prices, the high
uncertainty in the financial markets is still high vis-
Apple Inc. (NASDAQ:AAPL) Expands Delivery Network
Apple Inc. (NASDAQ:AAPL) has selected KDDI to sell the new iPhone in Japan.
Apple Inc. (NASDAQ:AAPL) Expands Delivery Network Breaking Softbank Corp.s
exclusive hold on iPhone products in the country, Apple Inc. (NASDAQ:AAPL) has
confirmed that mobile carrier KDDI will sell its latest iPhone 4S in Japan.
According to KDDI, it has not yet decided when it will begin to offer the latest
version of the Apple Inc. (NASDAQ:AAPL)'s iPhone, to be launched in Japan on
Oct. 14. However, further details of the plan are expected to be released soon.
Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 372.5. Price History
Last Price: 372.5 52 Week Low / High: 281.82 / 422.86 50 Day Moving Average:
384.67 6 Month Price Change %: 9.9% 12 Month Price Change %: 33.7%
Apple Inc. (NASDAQ:AAPL) Expands Delivery Network Breaking Softbank Corp.s
exclusive hold on iPhone products in the country, Apple Inc. (NASDAQ:AAPL) has
confirmed that mobile carrier KDDI will sell its latest iPhone 4S in Japan.
According to KDDI, it has not yet decided when it will begin to offer the latest
version of the Apple Inc. (NASDAQ:AAPL)'s iPhone, to be launched in Japan on
Oct. 14. However, further details of the plan are expected to be released soon.
Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 372.5. Price History
Last Price: 372.5 52 Week Low / High: 281.82 / 422.86 50 Day Moving Average:
384.67 6 Month Price Change %: 9.9% 12 Month Price Change %: 33.7%
Apple’s Siri — A New Level of Computer-Speak
In science-fiction movies, it's natural to see people talk to computers. Of
course, things usually go very wrong, a la Hal 9000, which decided to kill his
masters. Unfazed by literature, today's tech geniuses continue to work hard on
developing human-like computers to make our lives better. To this end, IBM
(NYSE: IBM ) has Watson, which beat two top Jeopardy champions. Google (NASDAQ:
GOOG ) has developed some cool voice-activated applications. And Nuance (NASDAQ:
NUAN ) has created voice-recognition software. Now Apple (NASDAQ: AAPL ) has
moved into the game as well with Siri, which essentially is your own virtual
personal assistant. The voice recognition doesnt just hear you according to
Apple, it understands you. If you ask it one question, and it answers, and you
ask a subsequent question, it will answer that while keeping the first question
in mind for context. Of course, speech-recognition and voice-command programs
have had mixed success. After all, it is extremely difficult to interpret the
spoken language as well as understand the nuanced meanings (or even crude
ones). For the most part, human personal assistants have remained a fairly
secure job segment. But might Siri represent a tipping point? At this week's
announcement of the iPhone 4S, the product demo certainly had a cool air about
it. And Apple has some of the world's smartest engineers. So it should be able
to make Siri a success, right? Maybe. But right now, theres a couple flaws, and
not just in the technology. Consider this: In the Japanese language, Siri sounds
much like the word "shiri," which refers to the buttocks. As should be no
surprise, Twitter has come alive with jokes poking fun at the slip-up. OK, this
is not necessarily a brand killer. Foreign language translations have been a
problem of some of the world's best companies. Still, when it comes to
human-like computers, it's probably a good bet there will be lots of kinks to
work out. But if such things are going to become mainstream and not just mostly
science fiction it's still probably Apple that will be able to pull it off.
Tom Taulli is the author of "All About Short Selling" and "All About
Commodities." You can also find him at Twitter account @ttaulli. He does not
own a position in any of the stocks named here.
course, things usually go very wrong, a la Hal 9000, which decided to kill his
masters. Unfazed by literature, today's tech geniuses continue to work hard on
developing human-like computers to make our lives better. To this end, IBM
(NYSE: IBM ) has Watson, which beat two top Jeopardy champions. Google (NASDAQ:
GOOG ) has developed some cool voice-activated applications. And Nuance (NASDAQ:
NUAN ) has created voice-recognition software. Now Apple (NASDAQ: AAPL ) has
moved into the game as well with Siri, which essentially is your own virtual
personal assistant. The voice recognition doesnt just hear you according to
Apple, it understands you. If you ask it one question, and it answers, and you
ask a subsequent question, it will answer that while keeping the first question
in mind for context. Of course, speech-recognition and voice-command programs
have had mixed success. After all, it is extremely difficult to interpret the
spoken language as well as understand the nuanced meanings (or even crude
ones). For the most part, human personal assistants have remained a fairly
secure job segment. But might Siri represent a tipping point? At this week's
announcement of the iPhone 4S, the product demo certainly had a cool air about
it. And Apple has some of the world's smartest engineers. So it should be able
to make Siri a success, right? Maybe. But right now, theres a couple flaws, and
not just in the technology. Consider this: In the Japanese language, Siri sounds
much like the word "shiri," which refers to the buttocks. As should be no
surprise, Twitter has come alive with jokes poking fun at the slip-up. OK, this
is not necessarily a brand killer. Foreign language translations have been a
problem of some of the world's best companies. Still, when it comes to
human-like computers, it's probably a good bet there will be lots of kinks to
work out. But if such things are going to become mainstream and not just mostly
science fiction it's still probably Apple that will be able to pull it off.
Tom Taulli is the author of "All About Short Selling" and "All About
Commodities." You can also find him at Twitter account @ttaulli. He does not
own a position in any of the stocks named here.
Apple Backs Itself Into a Language Laugh With iPhone’s Siri
Apple (NASDAQ: AAPL ) might have disappointed the hordes of people dying to get
their hands on an iPhone 5 when it announced the new iPhone 4S on Tuesday, but
the company still managed to impress with new apps. Particularly impressive is
Siri, Apples new voice-command app that lets you literally talk to your iPhone.
Need to know how bad traffic is in your area? Just ask the phone, and Siri will
give you real-time data on traffic outside. However, Apple forgot the cardinal
rule of language-based technology: If you build it, your audience is going to
make lewd jokes with it. And Apples new app made it all too easy for people to
turn it into a joke, considering what Siri sounds like in Japanese. Heres a
hint: The iPhone 4S almost certainly will be Sir Mix-a-Lots favorite smartphone.
To Japan, the name Siri sounds almost identical to å°», pronounced shiri . Shiri
is a colloquialism for in the politest possible sense buttocks. Its proper
usage, however, is crude. As Yoree Koh of The Wall Street Journal put it, the
comparable term in English rhymes with crass. Compliments for Apples major new
technology, likely to be the focus of marketing campaigns across the world, will
make the speaker sound like a cat-calling construction worker in Japan. Shortly
after Siri was announced, both Siri and shiri became trending topics on Twitter
in Japan. Google Japan searches for Apples new voice recognition software had
the search engine asking users if they actually were looking for shiri, and it
isnt difficult to imagine what the image search returned on those queries. Given
Apples flair for branding, its surprising that the company didnt know about this
potential gaffe before announcing Siri to the world. Japan is, after all, a
major market for the company. The iPhone itself was the first major smartphone
success in the country, capturing 72% of the Japanese smartphone market by the
middle of 2010. Although Google (NASDAQ: GOOG ) Android phones have narrowed the
gap in 2011, diminishing Apples share of the total market to 38%, Japan still is
a major market for Apple. The Cupertino, Calif.-based company shipped 3.23
million iPhones in the country in the last fiscal year. When your biggest mobile
operating system competitor has crushed your lead in less than 12 months, it
probably isnt the best idea to name a major new feature of iOS after butts. This
is Apple, though. The iPhone 4S and Siri should prove as popular as previous
Apple mobile products named after someones rear or not. As of this writing,
Anthony John Agnello did not own a position in any of the stocks named here.
Follow him on Twitter at
their hands on an iPhone 5 when it announced the new iPhone 4S on Tuesday, but
the company still managed to impress with new apps. Particularly impressive is
Siri, Apples new voice-command app that lets you literally talk to your iPhone.
Need to know how bad traffic is in your area? Just ask the phone, and Siri will
give you real-time data on traffic outside. However, Apple forgot the cardinal
rule of language-based technology: If you build it, your audience is going to
make lewd jokes with it. And Apples new app made it all too easy for people to
turn it into a joke, considering what Siri sounds like in Japanese. Heres a
hint: The iPhone 4S almost certainly will be Sir Mix-a-Lots favorite smartphone.
To Japan, the name Siri sounds almost identical to å°», pronounced shiri . Shiri
is a colloquialism for in the politest possible sense buttocks. Its proper
usage, however, is crude. As Yoree Koh of The Wall Street Journal put it, the
comparable term in English rhymes with crass. Compliments for Apples major new
technology, likely to be the focus of marketing campaigns across the world, will
make the speaker sound like a cat-calling construction worker in Japan. Shortly
after Siri was announced, both Siri and shiri became trending topics on Twitter
in Japan. Google Japan searches for Apples new voice recognition software had
the search engine asking users if they actually were looking for shiri, and it
isnt difficult to imagine what the image search returned on those queries. Given
Apples flair for branding, its surprising that the company didnt know about this
potential gaffe before announcing Siri to the world. Japan is, after all, a
major market for the company. The iPhone itself was the first major smartphone
success in the country, capturing 72% of the Japanese smartphone market by the
middle of 2010. Although Google (NASDAQ: GOOG ) Android phones have narrowed the
gap in 2011, diminishing Apples share of the total market to 38%, Japan still is
a major market for Apple. The Cupertino, Calif.-based company shipped 3.23
million iPhones in the country in the last fiscal year. When your biggest mobile
operating system competitor has crushed your lead in less than 12 months, it
probably isnt the best idea to name a major new feature of iOS after butts. This
is Apple, though. The iPhone 4S and Siri should prove as popular as previous
Apple mobile products named after someones rear or not. 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 Rebound, GDX Climbs 2.3%
GOLD STOCKS NEWS – Gold stocks climbed Wednesday as the Market Vectors Gold
Miners ETF (GDX) rose $1.22, or 2.3%, to $53.72 per share.
Miners ETF (GDX) rose $1.22, or 2.3%, to $53.72 per share.
Klondex Mines Advances Fire Creek Gold Deposit
Klondex Mines (KDX.TSX) announced that it has drawn-down $5 million from its
gold-backed debt facility to fund continued exploration and development at its
100%-owned Fire Creek gold property in the Battle Mountain-Eureka Trend in
Northern Nevada.
gold-backed debt facility to fund continued exploration and development at its
100%-owned Fire Creek gold property in the Battle Mountain-Eureka Trend in
Northern Nevada.
Top 10 Most Widely Followed Small Cap Stocks: STP, SPWRA, TSL, ARO, FHN, CAVM, ITRI, CAKE, LEAP, SNV (Oct 05, 2011)
Below are the top 10 most widely followed Small Cap stocks, based on the number
of brokerage analysts following them. Two Chinese companies (STP, TSL) are on
the list. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 1st most
widely followed stock in this segment of the market. It is covered by 38
analysts. It currently receives positive investment ratings from 7 brokerage
analysts. SunPower Corporation (NASDAQ:SPWRA) is the 2nd most widely followed
stock in this segment of the market. It is covered by 35 analysts. It currently
receives positive investment ratings from 4 brokerage analysts. Trina Solar
Limited (ADR) (NYSE:TSL) is the 3rd most widely followed stock in this segment
of the market. It is covered by 33 analysts. It currently receives positive
investment ratings from 22 brokerage analysts. Aeropostale, Inc. (NYSE:ARO) is
the 4th most widely followed stock in this segment of the market. It is covered
by 33 analysts. It currently receives positive investment ratings from 6
brokerage analysts. First Horizon National Corporation (NYSE:FHN) is the 5th
most widely followed stock in this segment of the market. It is covered by 30
analysts. It currently receives positive investment ratings from 13 brokerage
analysts. Cavium Inc (NASDAQ:CAVM) is the 6th most widely followed stock in this
segment of the market. It is covered by 28 analysts. It currently receives
positive investment ratings from 14 brokerage analysts. Itron, Inc.
(NASDAQ:ITRI) is the 7th most widely followed stock in this segment of the
market. It is covered by 28 analysts. It currently receives positive investment
ratings from 13 brokerage analysts. The Cheesecake Factory Incorporated
(NASDAQ:CAKE) is the 8th most widely followed stock in this segment of the
market. It is covered by 28 analysts. It currently receives positive investment
ratings from 10 brokerage analysts. Leap Wireless International, Inc.
(NASDAQ:LEAP) is the 9th most widely followed stock in this segment of the
market. It is covered by 28 analysts. It currently receives positive investment
ratings from 8 brokerage analysts. Synovus Financial Corp. (NYSE:SNV) is the
10th most widely followed stock in this segment of the market. It is covered by
28 analysts. It currently receives positive investment ratings from 6 brokerage
analysts.
of brokerage analysts following them. Two Chinese companies (STP, TSL) are on
the list. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 1st most
widely followed stock in this segment of the market. It is covered by 38
analysts. It currently receives positive investment ratings from 7 brokerage
analysts. SunPower Corporation (NASDAQ:SPWRA) is the 2nd most widely followed
stock in this segment of the market. It is covered by 35 analysts. It currently
receives positive investment ratings from 4 brokerage analysts. Trina Solar
Limited (ADR) (NYSE:TSL) is the 3rd most widely followed stock in this segment
of the market. It is covered by 33 analysts. It currently receives positive
investment ratings from 22 brokerage analysts. Aeropostale, Inc. (NYSE:ARO) is
the 4th most widely followed stock in this segment of the market. It is covered
by 33 analysts. It currently receives positive investment ratings from 6
brokerage analysts. First Horizon National Corporation (NYSE:FHN) is the 5th
most widely followed stock in this segment of the market. It is covered by 30
analysts. It currently receives positive investment ratings from 13 brokerage
analysts. Cavium Inc (NASDAQ:CAVM) is the 6th most widely followed stock in this
segment of the market. It is covered by 28 analysts. It currently receives
positive investment ratings from 14 brokerage analysts. Itron, Inc.
(NASDAQ:ITRI) is the 7th most widely followed stock in this segment of the
market. It is covered by 28 analysts. It currently receives positive investment
ratings from 13 brokerage analysts. The Cheesecake Factory Incorporated
(NASDAQ:CAKE) is the 8th most widely followed stock in this segment of the
market. It is covered by 28 analysts. It currently receives positive investment
ratings from 10 brokerage analysts. Leap Wireless International, Inc.
(NASDAQ:LEAP) is the 9th most widely followed stock in this segment of the
market. It is covered by 28 analysts. It currently receives positive investment
ratings from 8 brokerage analysts. Synovus Financial Corp. (NYSE:SNV) is the
10th most widely followed stock in this segment of the market. It is covered by
28 analysts. It currently receives positive investment ratings from 6 brokerage
analysts.
Family Dollar Is Worth Your Money — Costco, Target Are Bad Bargains
Costco (NASDAQ: COST ) is on a roll and Wednesday it reported a strong quarter
but not as strong as expected.
but not as strong as expected.
Microsoft Corporation (NASDAQ:MSFT) Boosted By Pay TV Deal
It has been reported that Microsoft Corporation (NASDAQ:MSFT) may team up with
Comcast and Verizon on pay TV via Xbox Live. Microsoft Corporation (NASDAQ:MSFT)
Boosted By Pay TV Deal Microsoft Corporation (NASDAQ:MSFT) is planning to offer
online pay TV from Comcast and Verizon Communications via the Xbox Live online
gaming service. Under the deal with Comcast's Xfinity TV service and
Verizon's FiOS, users would have to prove they are already pay TV customers in
the regions where the services operate in order to get the pay TV service on the
Xbox 360. Microsoft Corporation (NASDAQ:MSFT) has redesigned Xbox Live to make
it look a lot more like the Windows 8 Metro interface, which will be consistent
across Windows Phone, Xbox Live, tablets, and Windows 8 PCs. Microsoft Corp.
(NASDAQ:MSFT) stocks were at 25.34 at the end of the last days trading. Theres
been a -2.7% change in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.74 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks
Rank: 20 out of 92 in the industry
Comcast and Verizon on pay TV via Xbox Live. Microsoft Corporation (NASDAQ:MSFT)
Boosted By Pay TV Deal Microsoft Corporation (NASDAQ:MSFT) is planning to offer
online pay TV from Comcast and Verizon Communications via the Xbox Live online
gaming service. Under the deal with Comcast's Xfinity TV service and
Verizon's FiOS, users would have to prove they are already pay TV customers in
the regions where the services operate in order to get the pay TV service on the
Xbox 360. Microsoft Corporation (NASDAQ:MSFT) has redesigned Xbox Live to make
it look a lot more like the Windows 8 Metro interface, which will be consistent
across Windows Phone, Xbox Live, tablets, and Windows 8 PCs. Microsoft Corp.
(NASDAQ:MSFT) stocks were at 25.34 at the end of the last days trading. Theres
been a -2.7% change in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.74 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.84 Zacks
Rank: 20 out of 92 in the industry
Gold Price Steady after “Healthy Pullback”
GOLD PRICE NEWS – The gold price stabilized near $1,620 per ounce Wednesday
morning despite a better than expected report on the U.S. labor market.
morning despite a better than expected report on the U.S. labor market.
Gaming Yahoo! Inc. (Nasdaq: YHOO); I’ll Take 1k At $13.54 On Buyout Hype Alex
You want to know how to become a day trader? Its not as complicated as youd
think. First you learn to read Japanese candlesticks i.e. basic charting, I
recommend Steve Nison for this, then you study the basics of Level II which
simply shows live supply and demand for a stock. Then you open an E*Trade
account and fund it with however much money you want to game with ($25,000 will
be necessary if you want to be a real day trader). At this point youre ready to
buy and sell some stock. Now what you need to do is develop a watchlist and
learn those stocks charts, pretty easy so far. Once you understand how your
stock trades in relation to its own company news as well as the overall market,
now you look for entries and exits you like and possible catalysts to help them
along. Case and point. Yahoo! Inc. (Nasdaq: YHOO) is constantly at the center of
buyout hype and hype is known to move stocks. Chart wise support was put in
around $13.10 and when the buyout hype accelerated I grabbed 1k shares at $13.54
and alerted my premium subscribers it was time to load the boat. Sure enough,
despite the overall market getting hammered, YHOO is up over $1 per share
already having met my target on the alert. This is not complicated stuff and its
certainly something I can teach you if youre willing to learn. Where will YHOO
go from here you ask? Well, the chart shows sound resistance at $15 to $15.50 so
if it continues up, thats where Id expect a large amount of sellers to arrive.
Will the buyout go through, odds are no and honestly I dont care. I just trade
the chart and hype combo for one win after another. Last week it was AOL, this
week its YHOO and next week itll probably be some other struggling company.
Point is, you can do this too. Heck, I was a teacher unsatisfied with my income,
now this is my job, trading but more importantly, teaching others to do the same
cant beat that. The Teacher! Jason Bond
think. First you learn to read Japanese candlesticks i.e. basic charting, I
recommend Steve Nison for this, then you study the basics of Level II which
simply shows live supply and demand for a stock. Then you open an E*Trade
account and fund it with however much money you want to game with ($25,000 will
be necessary if you want to be a real day trader). At this point youre ready to
buy and sell some stock. Now what you need to do is develop a watchlist and
learn those stocks charts, pretty easy so far. Once you understand how your
stock trades in relation to its own company news as well as the overall market,
now you look for entries and exits you like and possible catalysts to help them
along. Case and point. Yahoo! Inc. (Nasdaq: YHOO) is constantly at the center of
buyout hype and hype is known to move stocks. Chart wise support was put in
around $13.10 and when the buyout hype accelerated I grabbed 1k shares at $13.54
and alerted my premium subscribers it was time to load the boat. Sure enough,
despite the overall market getting hammered, YHOO is up over $1 per share
already having met my target on the alert. This is not complicated stuff and its
certainly something I can teach you if youre willing to learn. Where will YHOO
go from here you ask? Well, the chart shows sound resistance at $15 to $15.50 so
if it continues up, thats where Id expect a large amount of sellers to arrive.
Will the buyout go through, odds are no and honestly I dont care. I just trade
the chart and hype combo for one win after another. Last week it was AOL, this
week its YHOO and next week itll probably be some other struggling company.
Point is, you can do this too. Heck, I was a teacher unsatisfied with my income,
now this is my job, trading but more importantly, teaching others to do the same
cant beat that. The Teacher! Jason Bond
Randgold: Kibali maintains target for commissioning in Q4 2013
Randgold: Kibali maintains target for commissioning in Q4 2013 Mineweb - 1 hour
ago Kibali, DRC, 4 October 2011 - The giant Kibali gold project is targeting to
commission its gold processing facility in the fourth quarter of 2013, almost
two years earlier than originally intended ... Kibali processing facility
running by Q4 2013 - BusinessLIVE
ago Kibali, DRC, 4 October 2011 - The giant Kibali gold project is targeting to
commission its gold processing facility in the fourth quarter of 2013, almost
two years earlier than originally intended ... Kibali processing facility
running by Q4 2013 - BusinessLIVE
Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today
XCSFDHG46767FHJHJF
dow2664 Stocks experienced rebounds during the last trading session in the U.S. Prior to the day’s opening bell, futures were posting red and stocks were positioned for the lower open. As the trading session progressed, stock action swung in a positive direction. Federal Reserve Chairman, Ben Bernanke issued statements that allowed investors to feel a little more confident that the Feds would take necessary action when needed to stimulate the economy. Up to this point, the negative weight of the global marketplace, paired with the negatively skewed index trends here in the U.S., caused worries to rise in most investors. Many feel that another recession is looming. Bernanke even admitted today that the economy right now is weaker than the central bank anticipated it would be at this point. He warned congress that additional spending cuts could further cause the economy in the U.S. to deteriorate. He also said that the central bank was prepared to take further supportive action to stimulate the economy. Many investors are hoping for another round of quantitative easing. This news gave stock index composites a push higher around the mid-day point. As the session close finalized, the primary index composites were posting green. The DJIA finished off the day higher by 1.44 percent at 10,808.71. The Nasdaq closed out higher by 2.95 percent at 2,404.82 and the S&P 500 finished off the day higher by 2.25 percent at 1,123.95. Frank Matto
3 Upside Targets for the S&P 500
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Many modern technicians define a bear market as a market that falls more than 20%. Unfortunately that definition has little predictive value as illustrated by yesterday's 30-minute shootout that ended in a gain for the major indices.
Has the Market Finally Found Its Bottom?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace It’s one of those landings that make your pilot’s hands sweat. For the past 11 sessions, the blue-chip U.S. stock indices have gradually descended through the clouds, with several nasty bumps — including Monday’s big one — to tense our knuckles. Where’s the runway? We can’t see the tarmac quite yet, but the ground lights are twinkling through the gloom. Thank heavens, I’ve got instruments to guide us. My daily stochastic indicator, which I briefly referenced in Monday’s post , has now fallen far enough to suggest that the S&P 500 could already have touched down for an initial bottom. The weekly stochastic, a slower-moving gauge, won’t send a definitive message until Friday. However, it too is hovering in an area where the market has often formed important bottoms. I could run through a whole list of other bullish barometers, but there’s no need to be redundant. I’ll just add one observation: From a contrarian standpoint, it’s encouraging that so many market commentators have turned snarlingly negative. Even The Wall Street Journal has jumped on the gloom-and-doom bus, with an article advising, “Now is not the time to let yourself be suckered into getting back into stocks.” Strong language for a publication whose chief purpose in life since 1889 has been to sing the praises of the American equity culture! Please don’t get me wrong. I’m still very cautious about the market’s prospects in 2012. Between now and year’s end, though, I think we’ve got a brisk rally ahead of us. Traders should start positioning themselves to take advantage of it. Here’s what I suggest. Technology stocks have held up much better than the market as a whole over the past three months. If you’re of a mind to do a little trading, buy PowerShares QQQ Fund ( NASDAQ : QQQ ) on a dip to $50 or less. This exchange-traded fund is designed to track, after expenses, the tech-freighted Nasdaq 100 index . Set a stop 5% below your entry point. If close to a tradeable bottom for stocks, QQQ shouldn’t decline any more than that. My upside target is $57, the vicinity of the Nasdaq ’s September high. I’ll take profits there unless market fundamentals improve a great deal more than I now foresee. For long-term investors (the bulk of my audience), corporate and emerging-markets bonds offer better prospects — on a risk-adjusted basis — than most stocks. Keep buying Vanguard High-Yield Corporate Fund (MUTF: VWEHX , $3,000 minimum), at $5.65 or less. Current yield: 7.5%. I also continue to like TCW Emerging Markets Income Fund (MUTF: TGINX , $2,000) at $11.25 or less. Current yield: 7.3%. You can expect somewhat more volatility in TGINX than VWEHX. Over the long pull, though, emerging-markets bonds are likely to outperform their domestic counterparts, if only because interest rates in the developing world are starting from a higher level. For the stock segment of your assets, I suggest focusing new money — for now — on safe, dividend-rich issues like those contained in PowerShares S&P 500 Low-Volatility Portfolio (NYSE: SPLV ). SPLV dropped with the rest of the market, but less than the S&P 500 index itself. That’s the kind of cushion you need in this unsettled climate. Current yield: 3.5%. Buy SPLV as long as the S&P 500 index remains below 1,230 (no problem right now).
Gold & Silver Prices – Daily Outlook October 5
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices zigzagged again as they sharply declined yesterday and thus erasing the gains they had recorded on Monday. The gains the U.S. stock markets over the recent speech of Bernanke and the new hope of finalized bailout plan for struggling European banks may have helped push gold and silver prices down.
Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today
Stocks experienced rebounds during the last trading session in the U.S. Prior
to the days opening bell, futures were posting red and stocks were positioned
for the lower open. As the trading session progressed, stock action swung in a
positive direction. Federal Reserve Chairman, Ben Bernanke issued statements
that allowed investors to feel a little more confident that the Feds would take
necessary action when needed to stimulate the economy. Up to this point, the
negative weight of the global marketplace, paired with the negatively skewed
index trends here in the U.S., caused worries to rise in most investors. Many
feel that another recession is looming. Bernanke even admitted today that the
economy right now is weaker than the central bank anticipated it would be at
this point. He warned congress that additional spending cuts could further cause
the economy in the U.S. to deteriorate. He also said that the central bank was
prepared to take further supportive action to stimulate the economy. Many
investors are hoping for another round of quantitative easing. This news gave
stock index composites a push higher around the mid-day point. As the session
close finalized, the primary index composites were posting green. The DJIA
finished off the day higher by 1.44 percent at 10,808.71. The Nasdaq closed out
higher by 2.95 percent at 2,404.82 and the S&P 500 finished off the day higher
by 2.25 percent at 1,123.95. Frank Matto
to the days opening bell, futures were posting red and stocks were positioned
for the lower open. As the trading session progressed, stock action swung in a
positive direction. Federal Reserve Chairman, Ben Bernanke issued statements
that allowed investors to feel a little more confident that the Feds would take
necessary action when needed to stimulate the economy. Up to this point, the
negative weight of the global marketplace, paired with the negatively skewed
index trends here in the U.S., caused worries to rise in most investors. Many
feel that another recession is looming. Bernanke even admitted today that the
economy right now is weaker than the central bank anticipated it would be at
this point. He warned congress that additional spending cuts could further cause
the economy in the U.S. to deteriorate. He also said that the central bank was
prepared to take further supportive action to stimulate the economy. Many
investors are hoping for another round of quantitative easing. This news gave
stock index composites a push higher around the mid-day point. As the session
close finalized, the primary index composites were posting green. The DJIA
finished off the day higher by 1.44 percent at 10,808.71. The Nasdaq closed out
higher by 2.95 percent at 2,404.82 and the S&P 500 finished off the day higher
by 2.25 percent at 1,123.95. Frank Matto
Has the Market Finally Found Its Bottom?
Its one of those landings that make your pilots hands sweat. For the past 11
sessions, the blue-chip U.S. stock indices have gradually descended through the
clouds, with several nasty bumps including Mondays big one to tense our
knuckles. Wheres the runway? We cant see the tarmac quite yet, but the ground
lights are twinkling through the gloom. Thank heavens, Ive got instruments to
guide us. My daily stochastic indicator, which I briefly referenced in Mondays
post , has now fallen far enough to suggest that the S&P 500 could already have
touched down for an initial bottom. The weekly stochastic, a slower-moving
gauge, wont send a definitive message until Friday. However, it too is hovering
in an area where the market has often formed important bottoms. I could run
through a whole list of other bullish barometers, but theres no need to be
redundant. Ill just add one observation: From a contrarian standpoint, its
encouraging that so many market commentators have turned snarlingly negative.
Even The Wall Street Journal has jumped on the gloom-and-doom bus, with an
article advising, Now is not the time to let yourself be suckered into getting
back into stocks. Strong language for a publication whose chief purpose in life
since 1889 has been to sing the praises of the American equity culture! Please
dont get me wrong. Im still very cautious about the markets prospects in 2012.
Between now and years end, though, I think weve got a brisk rally ahead of us.
Traders should start positioning themselves to take advantage of it. Heres what
I suggest. Technology stocks have held up much better than the market as a whole
over the past three months. If youre of a mind to do a little trading, buy
PowerShares QQQ Fund (NASDAQ: QQQ ) on a dip to $50 or less. This
exchange-traded fund is designed to track, after expenses, the tech-freighted
Nasdaq 100 index. Set a stop 5% below your entry point. If close to a tradeable
bottom for stocks, QQQ shouldnt decline any more than that. My upside target is
$57, the vicinity of the Nasdaqs September high. Ill take profits there unless
market fundamentals improve a great deal more than I now foresee. For long-term
investors (the bulk of my audience), corporate and emerging-markets bonds offer
better prospects on a risk-adjusted basis than most stocks. Keep buying
Vanguard High-Yield Corporate Fund (MUTF: VWEHX , $3,000 minimum), at $5.65 or
less. Current yield: 7.5%. I also continue to like TCW Emerging Markets Income
Fund (MUTF: TGINX , $2,000) at $11.25 or less. Current yield: 7.3%. You can
expect somewhat more volatility in TGINX than VWEHX. Over the long pull, though,
emerging-markets bonds are likely to outperform their domestic counterparts, if
only because interest rates in the developing world are starting from a higher
level. For the stock segment of your assets, I suggest focusing new money for
now on safe, dividend-rich issues like those contained in PowerShares S&P 500
Low-Volatility Portfolio (NYSE: SPLV ). SPLV dropped with the rest of the
market, but less than the S&P 500 index itself. Thats the kind of cushion you
need in this unsettled climate. Current yield: 3.5%. Buy SPLV as long as the S&P
500 index remains below 1,230 (no problem right now).
sessions, the blue-chip U.S. stock indices have gradually descended through the
clouds, with several nasty bumps including Mondays big one to tense our
knuckles. Wheres the runway? We cant see the tarmac quite yet, but the ground
lights are twinkling through the gloom. Thank heavens, Ive got instruments to
guide us. My daily stochastic indicator, which I briefly referenced in Mondays
post , has now fallen far enough to suggest that the S&P 500 could already have
touched down for an initial bottom. The weekly stochastic, a slower-moving
gauge, wont send a definitive message until Friday. However, it too is hovering
in an area where the market has often formed important bottoms. I could run
through a whole list of other bullish barometers, but theres no need to be
redundant. Ill just add one observation: From a contrarian standpoint, its
encouraging that so many market commentators have turned snarlingly negative.
Even The Wall Street Journal has jumped on the gloom-and-doom bus, with an
article advising, Now is not the time to let yourself be suckered into getting
back into stocks. Strong language for a publication whose chief purpose in life
since 1889 has been to sing the praises of the American equity culture! Please
dont get me wrong. Im still very cautious about the markets prospects in 2012.
Between now and years end, though, I think weve got a brisk rally ahead of us.
Traders should start positioning themselves to take advantage of it. Heres what
I suggest. Technology stocks have held up much better than the market as a whole
over the past three months. If youre of a mind to do a little trading, buy
PowerShares QQQ Fund (NASDAQ: QQQ ) on a dip to $50 or less. This
exchange-traded fund is designed to track, after expenses, the tech-freighted
Nasdaq 100 index. Set a stop 5% below your entry point. If close to a tradeable
bottom for stocks, QQQ shouldnt decline any more than that. My upside target is
$57, the vicinity of the Nasdaqs September high. Ill take profits there unless
market fundamentals improve a great deal more than I now foresee. For long-term
investors (the bulk of my audience), corporate and emerging-markets bonds offer
better prospects on a risk-adjusted basis than most stocks. Keep buying
Vanguard High-Yield Corporate Fund (MUTF: VWEHX , $3,000 minimum), at $5.65 or
less. Current yield: 7.5%. I also continue to like TCW Emerging Markets Income
Fund (MUTF: TGINX , $2,000) at $11.25 or less. Current yield: 7.3%. You can
expect somewhat more volatility in TGINX than VWEHX. Over the long pull, though,
emerging-markets bonds are likely to outperform their domestic counterparts, if
only because interest rates in the developing world are starting from a higher
level. For the stock segment of your assets, I suggest focusing new money for
now on safe, dividend-rich issues like those contained in PowerShares S&P 500
Low-Volatility Portfolio (NYSE: SPLV ). SPLV dropped with the rest of the
market, but less than the S&P 500 index itself. Thats the kind of cushion you
need in this unsettled climate. Current yield: 3.5%. Buy SPLV as long as the S&P
500 index remains below 1,230 (no problem right now).
Gold & Silver Prices – Daily Outlook October 5
Gold and silver prices zigzagged again as they sharply declined yesterday and
thus erasing the gains they had recorded on Monday. The gains the U.S. stock
markets over the recent speech of Bernanke and the new hope of finalized bailout
plan for struggling European banks may have helped push gold and silver prices
down.
thus erasing the gains they had recorded on Monday. The gains the U.S. stock
markets over the recent speech of Bernanke and the new hope of finalized bailout
plan for struggling European banks may have helped push gold and silver prices
down.
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