Last week was a busy week in the U.S. ETF marketplace. Heres a quick snapshot
of recent activity: ProShares Launches New VIX Short-Term Futures ETF The
ProShares Short VIX Short-Term Futures ETF (NYSE: SVXY ) was launched last week.
SVXY is a VIX ETF designed for bears because it aims for daily inverse or
opposite performance (-1x) to the S&P 500 VIX Short-Term Futures Index. It
charges annual expenses of 0.95%. For VIX bulls, ProShares also offers a 2x
daily leveraged fund called the ProShares S&P 500 Ultra VIX Short-Term Futures
(NYSE: UVXY ), along with 1x exposure to Mid-Term VIX Futures (NYSE: VIXM ) and
Short-Term VIX Futures (NYSE: VIXY ). New Small-Cap ETFs from Russell Russell
Investments launched four small-cap ETFs on the Nasdaq. Each fund is designed to
provide investors with access to specific investment strategies that mirror the
way equity managers tend to invest. We created these unique products to answer a
very specific need in the market, said James Polisson, CEO of Russells global
ETF business. Sophisticated investors now have an investment vehicle that
provides them with focused exposure in the small cap asset class beyond the
strict classification by sector and style. The four ETFs listed are based on
corresponding and newly launched Russell U.S. Small Cap Investment Discipline
Indexes. The new suite of small-cap ETFs consists of the following: Russell
Small Cap Aggressive Growth ETF (NASDAQ: SGGG ) Russell Small Cap Consistent
Growth ETF (NASDAQ: SCOG ) Russell Small Cap Low P/E ETF (NASDAQ: SCLP ) Russell
Small Cap Contrarian ETF (NASDAQ: SCTR ) The annual expense ratio is 0.45% for
these particular Russell ETFs, and the company now offers a total of 21 ETFs in
the United States, along with two in Australia.
Monday, October 10, 2011
Todays Dow Jones Industrial Average DJIA IndexDJX DJI; Nasdq Index, S&P 500 Index; Stock Market Investing News Today
A wave of optimism helped to boost the confidence levels of investors during
the last trading session in the U.S. This positive push stemmed from news out of
the eurozone. European leaders reported that an official plan for solving the
European debt crisis would be made public at the end of this month. The primary
stock indices jumped higher during the initial half of yesterdays trading
session and remained above break-even through the course of the day. As of the
end of day close yesterday, the Dow Jones Industrial Average was higher by
330.06 or 2.97 percent at 11,433.18. The Nasdaq was higher by 86.70 points or
3.50 percent at 2,566.05. The S&P 500 finished the day higher by 39.43 points or
3.41 percent at 1,194.89. The positive tide of optimism spilled over into the
U.S. session after the German Chancellor and French President relayed that they
had come up with an action plan to resolve many of the debt issues currently
afflicting European countries. Skepticism of this plan is underlying, but it was
not enough to hold back the push of confidence that these words initiated. All
Dow components finished the day on the positive side of break-even. The dollar
dropped lower to the British pound and Japanese yen yesterday. November delivery
oil rose to 85.41 per barrel and gold and silver futures pushed higher as well.
Frank Matto
the last trading session in the U.S. This positive push stemmed from news out of
the eurozone. European leaders reported that an official plan for solving the
European debt crisis would be made public at the end of this month. The primary
stock indices jumped higher during the initial half of yesterdays trading
session and remained above break-even through the course of the day. As of the
end of day close yesterday, the Dow Jones Industrial Average was higher by
330.06 or 2.97 percent at 11,433.18. The Nasdaq was higher by 86.70 points or
3.50 percent at 2,566.05. The S&P 500 finished the day higher by 39.43 points or
3.41 percent at 1,194.89. The positive tide of optimism spilled over into the
U.S. session after the German Chancellor and French President relayed that they
had come up with an action plan to resolve many of the debt issues currently
afflicting European countries. Skepticism of this plan is underlying, but it was
not enough to hold back the push of confidence that these words initiated. All
Dow components finished the day on the positive side of break-even. The dollar
dropped lower to the British pound and Japanese yen yesterday. November delivery
oil rose to 85.41 per barrel and gold and silver futures pushed higher as well.
Frank Matto
Top 10 Fastest-Growing U.S.-Listed Chinese Stocks: QIHU, MPEL, October 10, 2011, DANG, BIDU, BONA, YOKU, NOAH, NQ, SVN (Oct 10, 2011)
Below are the top 10 fastest-growing U.S.-listed Chinese stocks, based on the
average long-term earnings growth rate estimated by Wall Street analysts. Qihoo
360 Technology Co Ltd (NYSE:QIHU) is the first fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 114.7%.
This number is based on the average estimate of 3 brokerage analysts. Melco
Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the second fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
103.6%. This number is based on the average estimate of 2 brokerage analysts.
Jiayuan.com International Ltd (NASDAQ:DATE) is the third fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
60.3%. This number is based on the average estimate of 2 brokerage analysts. E
Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the fourth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 58.8%. This number is based on the average estimate of 4 brokerage
analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the fifth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
48.6%. This number is based on the average estimate of 15 brokerage analysts.
Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the sixth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
47.6%. This number is based on the average estimate of 3 brokerage analysts.
Youku.com Inc (ADR) (NYSE:YOKU) is the seventh fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 45.0%.
This number is based on the average estimate of 3 brokerage analysts. Noah
Holdings Limited (ADR) (NYSE:NOAH) is the eighth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 42.4%.
This number is based on the average estimate of 2 brokerage analysts. NetQin
Mobile Inc (NYSE:NQ) is the ninth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 40.0%. This number is
based on the average estimate of 2 brokerage analysts. 7 DAYS GROUP HOLDINGS
LIMITED(ADR) (NYSE:SVN) is the 10th fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 36.4%. This number is
based on the average estimate of 3 brokerage analysts.
average long-term earnings growth rate estimated by Wall Street analysts. Qihoo
360 Technology Co Ltd (NYSE:QIHU) is the first fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 114.7%.
This number is based on the average estimate of 3 brokerage analysts. Melco
Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the second fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
103.6%. This number is based on the average estimate of 2 brokerage analysts.
Jiayuan.com International Ltd (NASDAQ:DATE) is the third fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
60.3%. This number is based on the average estimate of 2 brokerage analysts. E
Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the fourth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 58.8%. This number is based on the average estimate of 4 brokerage
analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the fifth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
48.6%. This number is based on the average estimate of 15 brokerage analysts.
Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the sixth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
47.6%. This number is based on the average estimate of 3 brokerage analysts.
Youku.com Inc (ADR) (NYSE:YOKU) is the seventh fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 45.0%.
This number is based on the average estimate of 3 brokerage analysts. Noah
Holdings Limited (ADR) (NYSE:NOAH) is the eighth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 42.4%.
This number is based on the average estimate of 2 brokerage analysts. NetQin
Mobile Inc (NYSE:NQ) is the ninth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 40.0%. This number is
based on the average estimate of 2 brokerage analysts. 7 DAYS GROUP HOLDINGS
LIMITED(ADR) (NYSE:SVN) is the 10th fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 36.4%. This number is
based on the average estimate of 3 brokerage analysts.
If The Gold Price Passes Above $1,675 It Might Rally To $1,725
Gold Price Close Today : 1669.60 Change : 35.10 or 2.1% Silver Price Close
Today : 31.944 Change : 0.986 or 3.2% Gold Silver Ratio Today : 52.27 Change :
-0.531 or -1.0% Silver Gold Ratio Today : 0.01913 Change : 0.000192 or 1.0%
Platinum Price Close Today : 1520.70 Change : 24.10 or 1.6% Palladium Price
Close Today : 613.75 Change : 23.05 or 3.9% S&P 500 : 1,194.89 Change : 39.43 or
3.4% Dow In GOLD$ : $141.56 Change : $ 1.15 or 0.8% Dow in GOLD oz : 6.848
Change : 0.056 or 0.8% Dow in SILVER oz : 357.91 Change : -0.74 or -0.2% Dow
Industrial : 11,433.18 Change : 330.06 or 3.0% US Dollar Index : 77.53 Change :
-1.210 or -1.5% In perfect hindsight I erred Friday by concluding that the GOLD
PRICE had made its third -- and fatal final failing -- attack on $1,675.
Probably did that today, but then again if gold passes above that it might rally
to $1,700 - $1,725 and make you think it was eating chili peppers and chewing
garlic and on its way to the moon -- just before it fails again. Listen, if the
GOLD PRICE gets through $1,750, y'all can point in my direction and laugh about
how wrong I was, because that would prove it had begun rallying again. Till
then, don't laugh too loud. Bottom of the GOLD PRICE range lies at about $1,595.
Break below there brings a re-visitation to $1,535 or lower. Comex gold closed
1,669.6, up $35.10. Today the SILVER PRICE successfully broke through 3100c and
closed Comex at 3194.4c, up 98.6c. Still, this leaves silver below still more
formidable resistance at 3250c. Looking at the flag on silver's chart, today
made no progress at all toward gainsaying that harbinger of lower prices. Both
SILVER and GOLD could rally for a week or more to work off the present oversold
condition and prepare for another leg down. Exercise caution. In the time after
Germany invaded Poland in 1939 with its "Blitzkrieg" (Lightning war) and the
beginning of the German offensive into the the Low Countries in spring 1940 the
inactive lull war called "Sitzkrieg" (Sitting war). Folks began to wonder,
before the lightning struck again, whether there would even be a war. Y'all know
what they found out. Likewise today Greece has for all intents and purposes
defaulted, with all that implies for the financial system and the euro flying
apart. Yet nothing has happened, no follow-through. Don't be fooled by
Sitzkrieg. The lightning will yet strike, dollar will rally, stocks, gold, and
silver will fall, and central banks (like England's last week) will begin even
more tsunamis of quantitative easing and whatever ever other monetary emetic
they can imagine to pump up money supplies around the world. And it will have as
much effect as throwing a feather into a jet engine. Today's trading was
probably dominated as much by traders' holiday absence from the market as it was
by anything else. US DOLLAR INDEX took a big fall today, but you need not search
the headlines for the cause. Might find the catalyst there, but not the cause,
for the cause is "the fullness of time." That is, dollar is correcting its long
climb from 73.45 to 79.84, and this fall merely belongs to that correction.
Dollar might yet fall to 77.25, about where the top trading channel lies, and
give it one final Kiss Good-Bye. Do not, however, fall into the error of
concluding that the dollar's rally has ended. You will pay dearly for that
error. Yen went nowhere today, closed 130.37/Y100 (Y76.70/$1) or down a
microscopic 0.02%. Flat. Euro was the big gainer, adding 2.01% to 1.3647. This
left a gap up o'erleaping the 20 day moving average (1.3550), which points to
higher prices. Still, till it crosses 138.25, bottom line of the trading
channel, nothing meaningful has occurred. STOCKS rose a frenzied 330.60 or 2.97%
today for a Dow close at 11,433.18 (S&P added 3.41% or 39.43 to 1,194.89). This
did take the Dow through 11,200 resistance, but for what? Like one of those old
grade B movies from the 1930s where the British expedition reaches the oasis as
all are about to perish from thirst. So what? You're still stuck in the middle
of the desert. Much good that does. Today's massive move merely brings the Dow
to the bottom line of the Jaws of Death from whence it broke down at 11,600 in
August. Stocks better start looking for that next oasis. When are people going
to wake up and face it: stocks have been in a primary down trend (bear market)
since 2000? 2007's higher high merely put a double top on that bear market, so
stocks will languish to 2015 or longer. Stocks -- how Wall Street makes, and
Main Street loses, its money. 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$-denominated assets, primary trend down; real estate in
a bubble, primary trend way down. Whenever I write "Stay out of stocks" readers
inevitably ask, "Do you mean precious metals mining stocks, too?" No, I don't.
WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to
trade futures contracts. I don't intend them for that or write them with that
short term trading outlook. I write them for long-term investors in physical
metals. Take them as entertainment, but not as a timing service for futures. NOR
do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those
are NOT physical metal and I fear one day one or another may go up in smoke.
Unless you can breathe smoke, stay away. Call me paranoid, but the surviving
rabbit is wary of traps. NOR do I recommend trading futures options or other
leveraged paper gold and silver products. These are not for the inexperienced.
NOR do I recommend buying gold and silver on margin or with debt. What DO I
recommend? Physical gold and silver coins and bars in your own hands. One final
warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 31.944 Change : 0.986 or 3.2% Gold Silver Ratio Today : 52.27 Change :
-0.531 or -1.0% Silver Gold Ratio Today : 0.01913 Change : 0.000192 or 1.0%
Platinum Price Close Today : 1520.70 Change : 24.10 or 1.6% Palladium Price
Close Today : 613.75 Change : 23.05 or 3.9% S&P 500 : 1,194.89 Change : 39.43 or
3.4% Dow In GOLD$ : $141.56 Change : $ 1.15 or 0.8% Dow in GOLD oz : 6.848
Change : 0.056 or 0.8% Dow in SILVER oz : 357.91 Change : -0.74 or -0.2% Dow
Industrial : 11,433.18 Change : 330.06 or 3.0% US Dollar Index : 77.53 Change :
-1.210 or -1.5% In perfect hindsight I erred Friday by concluding that the GOLD
PRICE had made its third -- and fatal final failing -- attack on $1,675.
Probably did that today, but then again if gold passes above that it might rally
to $1,700 - $1,725 and make you think it was eating chili peppers and chewing
garlic and on its way to the moon -- just before it fails again. Listen, if the
GOLD PRICE gets through $1,750, y'all can point in my direction and laugh about
how wrong I was, because that would prove it had begun rallying again. Till
then, don't laugh too loud. Bottom of the GOLD PRICE range lies at about $1,595.
Break below there brings a re-visitation to $1,535 or lower. Comex gold closed
1,669.6, up $35.10. Today the SILVER PRICE successfully broke through 3100c and
closed Comex at 3194.4c, up 98.6c. Still, this leaves silver below still more
formidable resistance at 3250c. Looking at the flag on silver's chart, today
made no progress at all toward gainsaying that harbinger of lower prices. Both
SILVER and GOLD could rally for a week or more to work off the present oversold
condition and prepare for another leg down. Exercise caution. In the time after
Germany invaded Poland in 1939 with its "Blitzkrieg" (Lightning war) and the
beginning of the German offensive into the the Low Countries in spring 1940 the
inactive lull war called "Sitzkrieg" (Sitting war). Folks began to wonder,
before the lightning struck again, whether there would even be a war. Y'all know
what they found out. Likewise today Greece has for all intents and purposes
defaulted, with all that implies for the financial system and the euro flying
apart. Yet nothing has happened, no follow-through. Don't be fooled by
Sitzkrieg. The lightning will yet strike, dollar will rally, stocks, gold, and
silver will fall, and central banks (like England's last week) will begin even
more tsunamis of quantitative easing and whatever ever other monetary emetic
they can imagine to pump up money supplies around the world. And it will have as
much effect as throwing a feather into a jet engine. Today's trading was
probably dominated as much by traders' holiday absence from the market as it was
by anything else. US DOLLAR INDEX took a big fall today, but you need not search
the headlines for the cause. Might find the catalyst there, but not the cause,
for the cause is "the fullness of time." That is, dollar is correcting its long
climb from 73.45 to 79.84, and this fall merely belongs to that correction.
Dollar might yet fall to 77.25, about where the top trading channel lies, and
give it one final Kiss Good-Bye. Do not, however, fall into the error of
concluding that the dollar's rally has ended. You will pay dearly for that
error. Yen went nowhere today, closed 130.37/Y100 (Y76.70/$1) or down a
microscopic 0.02%. Flat. Euro was the big gainer, adding 2.01% to 1.3647. This
left a gap up o'erleaping the 20 day moving average (1.3550), which points to
higher prices. Still, till it crosses 138.25, bottom line of the trading
channel, nothing meaningful has occurred. STOCKS rose a frenzied 330.60 or 2.97%
today for a Dow close at 11,433.18 (S&P added 3.41% or 39.43 to 1,194.89). This
did take the Dow through 11,200 resistance, but for what? Like one of those old
grade B movies from the 1930s where the British expedition reaches the oasis as
all are about to perish from thirst. So what? You're still stuck in the middle
of the desert. Much good that does. Today's massive move merely brings the Dow
to the bottom line of the Jaws of Death from whence it broke down at 11,600 in
August. Stocks better start looking for that next oasis. When are people going
to wake up and face it: stocks have been in a primary down trend (bear market)
since 2000? 2007's higher high merely put a double top on that bear market, so
stocks will languish to 2015 or longer. Stocks -- how Wall Street makes, and
Main Street loses, its money. 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.
Monday Apple Rumors — iPhone 4S Shatters Pre-Order Mark
Here are your daily Apple rumors and news items for Monday: iPhone 4S
Pre-Orders Nearly Double Previous Model: Consumers and investors were somewhat
disappointed that Apple (NASDAQ: AAPL ) didnt name its new smartphone the iPhone
5. So disappointed, in fact, that Apple shares actually dipped more than 4% in
late Tuesday trading after the phone was announced to the public. The stock
stabilized by the next morning, and if pre-orders for the iPhone 4S are anything
to go by, so have consumer expectations. Apple released a statement Monday
morning announcing more than 1 million pre-order sales for the new phone within
the first 24 hours of offering them, nearly doubling the iPhone pre-order sales
record set by the iPhone 4. The iPhone 4, the last major update to the iPhone
line, racked up just 600,000 pre-order sales ahead of its June 2010 release .
Any investors worried that Apple smartphone sales record-breaking run would end
with the iPhone 4S should take a deep breath. New Apple TV Inbound: The latest
version of the iOS operating system used in the iPhone and iPad iOS 5 hints
that Apple is preparing another Apple TV set-top box. A report at 9 to 5 Mac
said a reference to a new model can be found in the operating systems file
system. The current model has been referred to as Apple TV 2,1 in iOS
previously, but iOS 5 refers to something named the Apple TV 3,1. The Apple TV
set-top box has been the black sheep of Apples consumer products since it
originally debuted in 2007. While the iPad, iPhone and current lineup of MacBook
laptop PCs have all had a large part in building Apples current $355 market cap,
the Apple TV has always been what Steve Jobs called a hobby for the company.
Apple has sold just 2 million units of the current model, which was released in
September 2010. Persistent rumors have suggested that Apple is going to begin
making a full HD television set that would incoporate the Apple TV device.
Without a compelling set of new features like a streaming video service, though,
its hard to imagine that Apple TV will become a major earner for Apple in the
near future. AT&T Wants 4G on the iPhone 4S, Even if Its Just a Name: The new
iPhone sports two antennas that allow the device to download data at a speed of
around 14.4 megabits per second pretty fast in the smartphone world. So fast,
in fact, that it is comparable to speeds offered by the so-called 4G networks
marketed by Verzion (NYSE: VZ ), Sprint (NYSE: S ), and AT&T (NYSE: T ).
Meaningless branding or not , AT&T reportedly is pushing Apple hard to tie its
new phones speed to the telecoms 4G network. A report at TUAW said that AT&T
pressured Apple to have the iPhone 4S status bar read 4G rather than 3G. The
report also said that Apple caved to these demands. Its doubtful, however, that
Apples own marketing will tout the iPhone 4S as a 4G device. As of this writing,
Anthony John Agnello did not own a position in any of the stocks named here.
Follow him on Twitter at
Pre-Orders Nearly Double Previous Model: Consumers and investors were somewhat
disappointed that Apple (NASDAQ: AAPL ) didnt name its new smartphone the iPhone
5. So disappointed, in fact, that Apple shares actually dipped more than 4% in
late Tuesday trading after the phone was announced to the public. The stock
stabilized by the next morning, and if pre-orders for the iPhone 4S are anything
to go by, so have consumer expectations. Apple released a statement Monday
morning announcing more than 1 million pre-order sales for the new phone within
the first 24 hours of offering them, nearly doubling the iPhone pre-order sales
record set by the iPhone 4. The iPhone 4, the last major update to the iPhone
line, racked up just 600,000 pre-order sales ahead of its June 2010 release .
Any investors worried that Apple smartphone sales record-breaking run would end
with the iPhone 4S should take a deep breath. New Apple TV Inbound: The latest
version of the iOS operating system used in the iPhone and iPad iOS 5 hints
that Apple is preparing another Apple TV set-top box. A report at 9 to 5 Mac
said a reference to a new model can be found in the operating systems file
system. The current model has been referred to as Apple TV 2,1 in iOS
previously, but iOS 5 refers to something named the Apple TV 3,1. The Apple TV
set-top box has been the black sheep of Apples consumer products since it
originally debuted in 2007. While the iPad, iPhone and current lineup of MacBook
laptop PCs have all had a large part in building Apples current $355 market cap,
the Apple TV has always been what Steve Jobs called a hobby for the company.
Apple has sold just 2 million units of the current model, which was released in
September 2010. Persistent rumors have suggested that Apple is going to begin
making a full HD television set that would incoporate the Apple TV device.
Without a compelling set of new features like a streaming video service, though,
its hard to imagine that Apple TV will become a major earner for Apple in the
near future. AT&T Wants 4G on the iPhone 4S, Even if Its Just a Name: The new
iPhone sports two antennas that allow the device to download data at a speed of
around 14.4 megabits per second pretty fast in the smartphone world. So fast,
in fact, that it is comparable to speeds offered by the so-called 4G networks
marketed by Verzion (NYSE: VZ ), Sprint (NYSE: S ), and AT&T (NYSE: T ).
Meaningless branding or not , AT&T reportedly is pushing Apple hard to tie its
new phones speed to the telecoms 4G network. A report at TUAW said that AT&T
pressured Apple to have the iPhone 4S status bar read 4G rather than 3G. The
report also said that Apple caved to these demands. Its doubtful, however, that
Apples own marketing will tout the iPhone 4S as a 4G device. As of this writing,
Anthony John Agnello did not own a position in any of the stocks named here.
Follow him on Twitter at
The Steve Jobs I Knew
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace With all the interest in and remembrances of Steve Jobs that we’ve seen these past few days, I thought I would take a moment to share some of my own memories of him. I had occasion to interact with Steve Jobs several times in the 1980s and ’90s. As the reporter responsible for covering the software “beat” for Fortune magazine in the early ’80s, I met many up-and-coming software gurus, including Mitch Kapor of Lotus, Bill Gates of Microsoft, Phillipe Kahn of Borland, Fred Gibbons of Software Publishing, and their peers. Because you really couldn’t cover software without a computer, I also was involved in stories and interviews with the heads of Compaq, Dell and, of course, Apple. I had worked on a story about Xerox PARC — the research-and-development company where Jobs had first seen the graphical user interface (GUI) and mouse on the Alto computer — and visited many PARC engineers there who later moved on, including the founders of Adobe, computer scientist Alan Kay, and others whose names I now forget. So I had some sense of what had wowed Jobs, and I saw the next iterations of that GUI technology being developed by the folks who had exited PARC. I remember going to Adobe and not really understanding what these Postscript fonts really could do. Sounds ancient now. When the first little Macintosh box was introduced, Apple sent me one, along with a dot-matrix printer, to test out in my office. I probably had it for two weeks. I was seeing the first iterations of desktop-publishing software as well from companies like Aldus (bought by Adobe) and Manhattan Graphics (long gone). Anyway, I suggested Fortune do a story on desktop publishing, and also had the opportunity to arrange a lunch with Steve Jobs and Fortune ‘s then-managing editor, Bill Rukeyser (brother of financial journalist Louis). Bill wanted to invite Henry Grunwald, the head of all of Time Inc.’s editorial division, and before I knew it, the lunch had grown to include all the managing editors of all of Time Inc.’s magazines, plus me, plus one or two other technology reporters. It was the big leagues, and I was decidedly the lowest man on the totem pole, but because I had built the relationship, I was invited. The lunch was formal. And though Jobs talked about Apple, what sticks in my mind are two things. First, as the plates were brought in (I don’t remember what was served — steak, chicken, whatever), Jobs waved his away and asked if he could have fruit. Waving away food at an editorial lunch that included Henry Grunwald was not something anyone else in the room would ever have done. But Jobs did it, and got a wonderful-looking fruit plate while the rest of us ate our prepared meals.
Buy Safeway Puts Before Thursday Earnings
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tdp2664 InvestorPlace Earnings season officially kicks off tomorrow with Alcoa (NYSE: AA ) leading the way. The first week is generally a light one, although some heavy hitters — PepsiCo (NYSE: PEP ) , JPMorgan Chase (NYSE: JPM ) and Google ( NASDAQ : GOOG ) — dot the schedule. One company that may not be on many radars, even though it brings in more revenue than Google, is Safeway (NYSE: SWY ) . The grocery chain reports Thursday before the open, with analysts expecting 35 cents per share. This figure represents a modest two-cent, or 6%, increase from a year ago. The company has averaged about twice that growth percentage during the past four quarters. The problem with SWY isn't how it does compared to expectations. In fact, the company hasn't missed an estimate in the past five quarters. But performance after reporting is an issue, as the shares have dropped an average of 4.6% in just the one day following the past three reports. Today, while the rest of the market is enjoying a huge up day, SWY is cruising at the breakeven level. Perhaps this underperformance is due to the tag-team resistance of the $18 level and the 50-day moving average, which have conspired to keep the shares in check for the past couple of months. The stock has closed just one day above the declining 50-day since plunging below it after the last earnings release. The story with "traditional" grocery stores such as SWY and Kroger (NYSE: KR ) is that they can't keep up with the deep discounters that are attracting more consumers amid the continuing slow economy. This is hardly a revelation. But it remains a major problem for grocers who are caught between cheap prices and upscale stores such as Whole Foods ( NASDAQ : WFMI ). And it's why SWY is down 22% this year. Yes, expectations for SWY are low. Sentiment is largely negative with high short interest and just four "Buy" ratings from 20 analysts. But that's to be expected. And sentiment was bearish in front of the previous three reports, which didn't prevent price weakness. There's no reason not to expect more of the same. Buy the Oct 18 Put for around a buck.
Amazon’s on ‘Fire’ Now, But Can it Stay This Hot for Much Longer?
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tdp2664 InvestorPlace While Amazon.com Inc. ( NASDAQ : AMZN ) is a great company, this a U.S.-based multinational online retailer has a not-so-great stock price. Sure, the stock is up 15.35% since the beginning of this year, easily outpacing the overall stock market . But even with the fervor surrounding the new Amazon Fire tablet, its market cap of $97.58 billion and a price-to-earnings (P/E) ratio of 94.83 give me great reason to pause, especially given the 63 multiple on 2012 earnings. In other words, companies this big simply can’t grow at the same rate; it’s simply the law of large numbers. The news that AMZN will start collecting sales tax in the upcoming years in California and Tennessee looks like a precursor to charging sales tax across the United States, lessening a competitive advantage. Target (NYSE: TGT ) and Wal-Mart (NYSE: WMT ), the two biggest competitors on the retail side, have made strides recently in their online sites, another potential headwind. With only 3% margins, the company has to generate enormous revenue growth to justify its lofty multiple. So while revenues and earnings will grow, the torrid rate is sure to slow — leading to a multiple contraction. I’m looking for AMZN to drop back to the $180 level by March 2012. Based on AMZN’s current market price of $230 and using a target price of $180, a target date of March 1, 2012, and $10,000 of investment capital, we've identified several options strategies and a comparative stock trade to consider, should the price target be achieved at the target date. To play this with options, visit TradingBlock.com , create a free Instant Login and try the TradeBuilder feature. Input the ticker, target price and date, and investment amount, and you'll see several ways to trade that include buying an April put or a put spread, selling an April call spread, or using some more-advanced strategies. Best of all, you can see a potential profit-and-loss outline for each strategy. If you set up an account, you can hit the "Trade" button on your preferred strategy and be on your way! Create your free login, and get access to these AMZN option trading strategies by visiting the TradeBuilder here .
Financial Stocks on the Attack — Monday’s IP Market Recap
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tdp2664 InvestorPlace European and American markets responded positively to Monday's news that France, Belgium and Luxembourg's governments were throwing troubled Franco-Belgian bank Dexia a life preserver — and major banks were especially buoyed by the news. In the U.S., Citigroup (NYSE: C , +7.55%, $26.49), Wells Fargo (NYSE: WFC , +6.48%, $26.13), Bank of America (NYSE: BAC , +6.44%, $6.28) and JPMorgan (NYSE: JPM , +5.21%, $32.30) each shot up Monday, sending the KBW Bank Index of major financial stocks up 5.3% to 37.45 — its highest point in about two weeks. Also, foreign banks Credit Agricole, BNP Paribas and Societe Generale were up for the day. Other financial stocks up on the day included Barclays (NYSE: BCS ), which was up 7.59% to $10.92, Morgan Stanley (NYSE: MS , +7.37%, $15.29), Deutsche Bank (NYSE: DB , +7.28%, $37.71) and Goldman Sachs (NYSE: GS , +3.72%, $96.14), The bailout comes after this weekend's news that the leaders of Germany and France announced they agreed on a plan to solve Greece's lingering debt problems, as well as pledged to make sure European banks had sufficient capital. However, French President Nicolas Sarkozy said details of such a plan will not be released until later this month. Also on Monday, Sprint (NYSE: S ) was battered after several analysts downgraded the company following last Friday's company announcement that it would have to raise new capital to help pay for an upgrade of its network. Sprint fell 7.88% on the news to $2.22, putting the stock down almost 48% year to date and down 62% from its high in June. Primary competitors AT&T (NYSE: T , +2.57%, $29.17) and Verizon (NYSE: VZ , +2.05%, $36.90) were both up on the day. Three Up Tata Motors (NYSE: TTM ): Up 9.05% ($1.47) to $17.71. Wynn Resorts ( NASDAQ : WYNN ): Up 8.27% ($10.67) to $139.73. Arcelormittal (NYSE: MT ): Up 7.99% ($1.39) to $18.78. Three Down Superior Energy Services (NYSE: SPN ): Down 13.79% ($3.78) to $23.63. Vertex Pharmaceutical ( NASDAQ : VRTX ): Down 9.07% ($4.03) to $40.41. Netflix ( NASDAQ : NFLX ): Down 4.77% ($5.59) to $111.62. As of this writing, Kyle Woodley did not own a position in any of the aforementioned stocks.
#OlympicDam mega-mine brings #jobs , wealth & warnings #mining #bhp
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min2664 BHP Billiton’s plan to create the world’s largest open-cut mine in South Australia has won federal and state government development approval. It brings with it up to 6000 jobs during a decade-long construction phase, 4000 ongoing jobs at the mine and 15,000 indirect jobs. However, with the potentially enormous economic benefits comes a warning from the the Greens , who say it will create a “carcinogenic mountain range of radioactive waste”. The proposed $30 billion expansion of the Olympic Dam copper, uranium and gold mine, which yesterday won separate environmental approvals from the commonwealth, South Australian and Northern Territory governments, is expected to bring 25,000 jobs and a flow-on economic benefit of up to $65bn over 30 years. The sheer scale of the project, spruiked by Labor yesterday as the largest mining venture in history, has government officials in South Australia concerned about the state’s ability to meet expected demand for skilled workers and supply of goods and services. read the full article The challenge of staffing such projects and the overall issue of resourcing the resources sector will be explored at Resource Humans Australia 2011 to be held in Brisbane 15-17 November 2011. Technorati Tags: Resource Humans Australia 2011 , skills shortage , mining , jobs , BHP Billiton , Olympic Dam , resource sector
#OlympicDam mega-mine brings #jobs , wealth & warnings #mining #bhp
BHP Billitons plan to create the worlds largest open-cut mine in South
Australia has won federal and state government development approval. It brings
with it up to 6000 jobs during a decade-long construction phase, 4000 ongoing
jobs at the mine and 15,000 indirect jobs. However, with the potentially
enormous economic benefits comes a warning from the the Greens , who say it will
create a "carcinogenic mountain range of radioactive waste". The proposed $30
billion expansion of the Olympic Dam copper, uranium and gold mine, which
yesterday won separate environmental approvals from the commonwealth, South
Australian and Northern Territory governments, is expected to bring 25,000 jobs
and a flow-on economic benefit of up to $65bn over 30 years. The sheer scale of
the project, spruiked by Labor yesterday as the largest mining venture in
history, has government officials in South Australia concerned about the states
ability to meet expected demand for skilled workers and supply of goods and
services. read the full article The challenge of staffing such projects and the
overall issue of resourcing the resources sector will be explored at Resource
Humans Australia 2011 to be held in Brisbane 15-17 November 2011. Technorati
Tags: Resource Humans Australia 2011 , skills shortage , mining , jobs , BHP
Billiton , Olympic Dam , resource sector
Australia has won federal and state government development approval. It brings
with it up to 6000 jobs during a decade-long construction phase, 4000 ongoing
jobs at the mine and 15,000 indirect jobs. However, with the potentially
enormous economic benefits comes a warning from the the Greens , who say it will
create a "carcinogenic mountain range of radioactive waste". The proposed $30
billion expansion of the Olympic Dam copper, uranium and gold mine, which
yesterday won separate environmental approvals from the commonwealth, South
Australian and Northern Territory governments, is expected to bring 25,000 jobs
and a flow-on economic benefit of up to $65bn over 30 years. The sheer scale of
the project, spruiked by Labor yesterday as the largest mining venture in
history, has government officials in South Australia concerned about the states
ability to meet expected demand for skilled workers and supply of goods and
services. read the full article The challenge of staffing such projects and the
overall issue of resourcing the resources sector will be explored at Resource
Humans Australia 2011 to be held in Brisbane 15-17 November 2011. Technorati
Tags: Resource Humans Australia 2011 , skills shortage , mining , jobs , BHP
Billiton , Olympic Dam , resource sector
Apple Inc. (NASDAQ:AAPL) iPhone 4S Set To Explode In Oz
It has been reported that Apple Inc. (NASDAQ:AAPL)'s iPhone 4S has received
unprecedented interest in Australia. Apple Inc. (NASDAQ:AAPL) iPhone 4S Set To
Explode In Oz Over the weekend, top telecommunication companies in Australia
have started receiving unprecedented pre-launch orders for Apple Inc.
(NASDAQ:AAPL)'s latest offering, the iPhone 4S. According to a Telstra
spokesman, "The phone networks began taking orders over the weekend. Tens of
thousands of customers have already registered their interest in Apple Inc.
(NASDAQ:AAPL)'s iPhone 4S more than any other iPhone launch to date. We are
really pleased with the response from customers." Apple Inc. (NASDAQ:AAPL)
stocks are currently standing at 369.8. Price History Last Price: 369.8 52 Week
Low / High: 290 / 422.86 50 Day Moving Average: 383.42 6 Month Price Change %:
10.4% 12 Month Price Change %: 27.9%
unprecedented interest in Australia. Apple Inc. (NASDAQ:AAPL) iPhone 4S Set To
Explode In Oz Over the weekend, top telecommunication companies in Australia
have started receiving unprecedented pre-launch orders for Apple Inc.
(NASDAQ:AAPL)'s latest offering, the iPhone 4S. According to a Telstra
spokesman, "The phone networks began taking orders over the weekend. Tens of
thousands of customers have already registered their interest in Apple Inc.
(NASDAQ:AAPL)'s iPhone 4S more than any other iPhone launch to date. We are
really pleased with the response from customers." Apple Inc. (NASDAQ:AAPL)
stocks are currently standing at 369.8. Price History Last Price: 369.8 52 Week
Low / High: 290 / 422.86 50 Day Moving Average: 383.42 6 Month Price Change %:
10.4% 12 Month Price Change %: 27.9%
Amazon’s on ‘Fire’ Now, But Can it Stay This Hot for Much Longer?
While Amazon.com Inc. (NASDAQ: AMZN ) is a great company, this a U.S.-based
multinational online retailer has a not-so-great stock price. Sure, the stock is
up 15.35% since the beginning of this year, easily outpacing the overall stock
market. But even with the fervor surrounding the new Amazon Fire tablet, its
market cap of $97.58 billion and a price-to-earnings (P/E) ratio of 94.83 give
me great reason to pause, especially given the 63 multiple on 2012 earnings. In
other words, companies this big simply cant grow at the same rate; its simply
the law of large numbers. The news that AMZN will start collecting sales tax in
the upcoming years in California and Tennessee looks like a precursor to
charging sales tax across the United States, lessening a competitive advantage.
Target (NYSE: TGT ) and Wal-Mart (NYSE: WMT ), the two biggest competitors on
the retail side, have made strides recently in their online sites, another
potential headwind. With only 3% margins, the company has to generate enormous
revenue growth to justify its lofty multiple. So while revenues and earnings
will grow, the torrid rate is sure to slow leading to a multiple contraction.
Im looking for AMZN to drop back to the $180 level by March 2012. Based on AMZNs
current market price of $230 and using a target price of $180, a target date of
March 1, 2012, and $10,000 of investment capital, we've identified several
options strategies and a comparative stock trade to consider, should the price
target be achieved at the target date. To play this with options, visit
TradingBlock.com , create a free Instant Login and try the TradeBuilder feature.
Input the ticker, target price and date, and investment amount, and you'll see
several ways to trade that include buying an April put or a put spread, selling
an April call spread, or using some more-advanced strategies. Best of all, you
can see a potential profit-and-loss outline for each strategy. If you set up an
account, you can hit the "Trade" button on your preferred strategy and be on
your way! Create your free login, and get access to these AMZN option trading
strategies by visiting the TradeBuilder here .
multinational online retailer has a not-so-great stock price. Sure, the stock is
up 15.35% since the beginning of this year, easily outpacing the overall stock
market. But even with the fervor surrounding the new Amazon Fire tablet, its
market cap of $97.58 billion and a price-to-earnings (P/E) ratio of 94.83 give
me great reason to pause, especially given the 63 multiple on 2012 earnings. In
other words, companies this big simply cant grow at the same rate; its simply
the law of large numbers. The news that AMZN will start collecting sales tax in
the upcoming years in California and Tennessee looks like a precursor to
charging sales tax across the United States, lessening a competitive advantage.
Target (NYSE: TGT ) and Wal-Mart (NYSE: WMT ), the two biggest competitors on
the retail side, have made strides recently in their online sites, another
potential headwind. With only 3% margins, the company has to generate enormous
revenue growth to justify its lofty multiple. So while revenues and earnings
will grow, the torrid rate is sure to slow leading to a multiple contraction.
Im looking for AMZN to drop back to the $180 level by March 2012. Based on AMZNs
current market price of $230 and using a target price of $180, a target date of
March 1, 2012, and $10,000 of investment capital, we've identified several
options strategies and a comparative stock trade to consider, should the price
target be achieved at the target date. To play this with options, visit
TradingBlock.com , create a free Instant Login and try the TradeBuilder feature.
Input the ticker, target price and date, and investment amount, and you'll see
several ways to trade that include buying an April put or a put spread, selling
an April call spread, or using some more-advanced strategies. Best of all, you
can see a potential profit-and-loss outline for each strategy. If you set up an
account, you can hit the "Trade" button on your preferred strategy and be on
your way! Create your free login, and get access to these AMZN option trading
strategies by visiting the TradeBuilder here .
Top 10 Best-Rated Medical Equipment Stocks: ECTE, KH, AIS, DCTH, FLDM, ICUI, OSUR, SURG, BLTI, TMO (Oct 10, 2011)
Below are the top 10 best-rated Medical Equipment stocks, based on the number
of positive ratings by brokerage analysts. One Chinese company (KH) is on the
list. Echo Therapeutics Inc (NASDAQ:ECTE) is the first best-rated stock in this
segment of the market. It is rated positively by 100% of the 7 brokerage
analysts covering it. China Kanghui Holdings (ADR) (NYSE:KH) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it. Antares Pharma Inc (AMEX:AIS) is the
third best-rated stock in this segment of the market. It is rated positively by
100% of the 5 brokerage analysts covering it. Delcath Systems, Inc.
(NASDAQ:DCTH) is the fourth best-rated stock in this segment of the market. It
is rated positively by 100% of the 5 brokerage analysts covering it. Fluidigm
Corporation (ADR) (NASDAQ:FLDM) is the fifth best-rated stock in this segment of
the market. It is rated positively by 100% of the 5 brokerage analysts covering
it. ICU Medical, Incorporated (NASDAQ:ICUI) is the sixth best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. OraSure Technologies, Inc. (NASDAQ:OSUR) is the seventh
best-rated stock in this segment of the market. It is rated positively by 100%
of the 5 brokerage analysts covering it. Synergetics USA Inc. (NASDAQ:SURG) is
the eighth best-rated stock in this segment of the market. It is rated
positively by 100% of the 5 brokerage analysts covering it. Biolase Technology,
Inc. (NASDAQ:BLTI) is the ninth best-rated stock in this segment of the market.
It is rated positively by 100% of the 4 brokerage analysts covering it. Thermo
Fisher Scientific Inc. (NYSE:TMO) is the 10th best-rated stock in this segment
of the market. It is rated positively by 94% of the 18 brokerage analysts
covering it.
of positive ratings by brokerage analysts. One Chinese company (KH) is on the
list. Echo Therapeutics Inc (NASDAQ:ECTE) is the first best-rated stock in this
segment of the market. It is rated positively by 100% of the 7 brokerage
analysts covering it. China Kanghui Holdings (ADR) (NYSE:KH) is the second
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it. Antares Pharma Inc (AMEX:AIS) is the
third best-rated stock in this segment of the market. It is rated positively by
100% of the 5 brokerage analysts covering it. Delcath Systems, Inc.
(NASDAQ:DCTH) is the fourth best-rated stock in this segment of the market. It
is rated positively by 100% of the 5 brokerage analysts covering it. Fluidigm
Corporation (ADR) (NASDAQ:FLDM) is the fifth best-rated stock in this segment of
the market. It is rated positively by 100% of the 5 brokerage analysts covering
it. ICU Medical, Incorporated (NASDAQ:ICUI) is the sixth best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. OraSure Technologies, Inc. (NASDAQ:OSUR) is the seventh
best-rated stock in this segment of the market. It is rated positively by 100%
of the 5 brokerage analysts covering it. Synergetics USA Inc. (NASDAQ:SURG) is
the eighth best-rated stock in this segment of the market. It is rated
positively by 100% of the 5 brokerage analysts covering it. Biolase Technology,
Inc. (NASDAQ:BLTI) is the ninth best-rated stock in this segment of the market.
It is rated positively by 100% of the 4 brokerage analysts covering it. Thermo
Fisher Scientific Inc. (NYSE:TMO) is the 10th best-rated stock in this segment
of the market. It is rated positively by 94% of the 18 brokerage analysts
covering it.
Buy Safeway Puts Before Thursday Earnings
Earnings season officially kicks off tomorrow with Alcoa (NYSE: AA ) leading
the way. The first week is generally a light one, although some heavy hitters
PepsiCo (NYSE: PEP ) , JPMorgan Chase (NYSE: JPM ) and Google (NASDAQ: GOOG )
dot the schedule. One company that may not be on many radars, even though it
brings in more revenue than Google, is Safeway (NYSE: SWY ) . The grocery chain
reports Thursday before the open, with analysts expecting 35 cents per share.
This figure represents a modest two-cent, or 6%, increase from a year ago. The
company has averaged about twice that growth percentage during the past four
quarters. The problem with SWY isn't how it does compared to expectations. In
fact, the company hasn't missed an estimate in the past five quarters. But
performance after reporting is an issue, as the shares have dropped an average
of 4.6% in just the one day following the past three reports. Today, while the
rest of the market is enjoying a huge up day, SWY is cruising at the breakeven
level. Perhaps this underperformance is due to the tag-team resistance of the
$18 level and the 50-day moving average, which have conspired to keep the shares
in check for the past couple of months. The stock has closed just one day above
the declining 50-day since plunging below it after the last earnings release.
The story with "traditional" grocery stores such as SWY and Kroger (NYSE: KR
) is that they can't keep up with the deep discounters that are attracting
more consumers amid the continuing slow economy. This is hardly a revelation.
But it remains a major problem for grocers who are caught between cheap prices
and upscale stores such as Whole Foods (NASDAQ: WFMI ). And it's why SWY is
down 22% this year. Yes, expectations for SWY are low. Sentiment is largely
negative with high short interest and just four "Buy" ratings from 20
analysts. But that's to be expected. And sentiment was bearish in front of the
previous three reports, which didn't prevent price weakness. There's no
reason not to expect more of the same. Buy the Oct 18 Put for around a buck.
the way. The first week is generally a light one, although some heavy hitters
PepsiCo (NYSE: PEP ) , JPMorgan Chase (NYSE: JPM ) and Google (NASDAQ: GOOG )
dot the schedule. One company that may not be on many radars, even though it
brings in more revenue than Google, is Safeway (NYSE: SWY ) . The grocery chain
reports Thursday before the open, with analysts expecting 35 cents per share.
This figure represents a modest two-cent, or 6%, increase from a year ago. The
company has averaged about twice that growth percentage during the past four
quarters. The problem with SWY isn't how it does compared to expectations. In
fact, the company hasn't missed an estimate in the past five quarters. But
performance after reporting is an issue, as the shares have dropped an average
of 4.6% in just the one day following the past three reports. Today, while the
rest of the market is enjoying a huge up day, SWY is cruising at the breakeven
level. Perhaps this underperformance is due to the tag-team resistance of the
$18 level and the 50-day moving average, which have conspired to keep the shares
in check for the past couple of months. The stock has closed just one day above
the declining 50-day since plunging below it after the last earnings release.
The story with "traditional" grocery stores such as SWY and Kroger (NYSE: KR
) is that they can't keep up with the deep discounters that are attracting
more consumers amid the continuing slow economy. This is hardly a revelation.
But it remains a major problem for grocers who are caught between cheap prices
and upscale stores such as Whole Foods (NASDAQ: WFMI ). And it's why SWY is
down 22% this year. Yes, expectations for SWY are low. Sentiment is largely
negative with high short interest and just four "Buy" ratings from 20
analysts. But that's to be expected. And sentiment was bearish in front of the
previous three reports, which didn't prevent price weakness. There's no
reason not to expect more of the same. Buy the Oct 18 Put for around a buck.
Financial Stocks on the Attack — Monday’s IP Market Recap
European and American markets responded positively to Monday's news that
France, Belgium and Luxembourg's governments were throwing troubled
Franco-Belgian bank Dexia a life preserver and major banks were especially
buoyed by the news. In the U.S., Citigroup (NYSE: C , +7.55%, $26.49), Wells
Fargo (NYSE: WFC , +6.48%, $26.13), Bank of America (NYSE: BAC , +6.44%, $6.28)
and JPMorgan (NYSE: JPM , +5.21%, $32.30) each shot up Monday, sending the KBW
Bank Index of major financial stocks up 5.3% to 37.45 its highest point in
about two weeks. Also, foreign banks Credit Agricole, BNP Paribas and Societe
Generale were up for the day. Other financial stocks up on the day included
Barclays (NYSE: BCS ), which was up 7.59% to $10.92, Morgan Stanley (NYSE: MS ,
+7.37%, $15.29), Deutsche Bank (NYSE: DB , +7.28%, $37.71) and Goldman Sachs
(NYSE: GS , +3.72%, $96.14), The bailout comes after this weekend's news that
the leaders of Germany and France announced they agreed on a plan to solve
Greece's lingering debt problems, as well as pledged to make sure European
banks had sufficient capital. However, French President Nicolas Sarkozy said
details of such a plan will not be released until later this month. Also on
Monday, Sprint (NYSE: S ) was battered after several analysts downgraded the
company following last Friday's company announcement that it would have to
raise new capital to help pay for an upgrade of its network. Sprint fell 7.88%
on the news to $2.22, putting the stock down almost 48% year to date and down
62% from its high in June. Primary competitors AT&T (NYSE: T , +2.57%, $29.17)
and Verizon (NYSE: VZ , +2.05%, $36.90) were both up on the day. Three Up Tata
Motors (NYSE: TTM ): Up 9.05% ($1.47) to $17.71. Wynn Resorts (NASDAQ: WYNN ):
Up 8.27% ($10.67) to $139.73. Arcelormittal (NYSE: MT ): Up 7.99% ($1.39) to
$18.78. Three Down Superior Energy Services (NYSE: SPN ): Down 13.79% ($3.78) to
$23.63. Vertex Pharmaceutical (NASDAQ: VRTX ): Down 9.07% ($4.03) to $40.41.
Netflix (NASDAQ: NFLX ): Down 4.77% ($5.59) to $111.62. As of this writing, Kyle
Woodley did not own a position in any of the aforementioned stocks.
France, Belgium and Luxembourg's governments were throwing troubled
Franco-Belgian bank Dexia a life preserver and major banks were especially
buoyed by the news. In the U.S., Citigroup (NYSE: C , +7.55%, $26.49), Wells
Fargo (NYSE: WFC , +6.48%, $26.13), Bank of America (NYSE: BAC , +6.44%, $6.28)
and JPMorgan (NYSE: JPM , +5.21%, $32.30) each shot up Monday, sending the KBW
Bank Index of major financial stocks up 5.3% to 37.45 its highest point in
about two weeks. Also, foreign banks Credit Agricole, BNP Paribas and Societe
Generale were up for the day. Other financial stocks up on the day included
Barclays (NYSE: BCS ), which was up 7.59% to $10.92, Morgan Stanley (NYSE: MS ,
+7.37%, $15.29), Deutsche Bank (NYSE: DB , +7.28%, $37.71) and Goldman Sachs
(NYSE: GS , +3.72%, $96.14), The bailout comes after this weekend's news that
the leaders of Germany and France announced they agreed on a plan to solve
Greece's lingering debt problems, as well as pledged to make sure European
banks had sufficient capital. However, French President Nicolas Sarkozy said
details of such a plan will not be released until later this month. Also on
Monday, Sprint (NYSE: S ) was battered after several analysts downgraded the
company following last Friday's company announcement that it would have to
raise new capital to help pay for an upgrade of its network. Sprint fell 7.88%
on the news to $2.22, putting the stock down almost 48% year to date and down
62% from its high in June. Primary competitors AT&T (NYSE: T , +2.57%, $29.17)
and Verizon (NYSE: VZ , +2.05%, $36.90) were both up on the day. Three Up Tata
Motors (NYSE: TTM ): Up 9.05% ($1.47) to $17.71. Wynn Resorts (NASDAQ: WYNN ):
Up 8.27% ($10.67) to $139.73. Arcelormittal (NYSE: MT ): Up 7.99% ($1.39) to
$18.78. Three Down Superior Energy Services (NYSE: SPN ): Down 13.79% ($3.78) to
$23.63. Vertex Pharmaceutical (NASDAQ: VRTX ): Down 9.07% ($4.03) to $40.41.
Netflix (NASDAQ: NFLX ): Down 4.77% ($5.59) to $111.62. As of this writing, Kyle
Woodley did not own a position in any of the aforementioned stocks.
Top 10 Best-Rated Solar Stocks: RSOL, GTAT, TSL, FSLR, DQ, WFR, YGE, SOL, ASTI, STP (Oct 10, 2011)
Below are the top 10 best-rated Solar stocks, based on the number of positive
ratings by brokerage analysts. Five Chinese companies (TSL, DQ, YGE, SOL, STP)
are on the list. CLICK HERE for Solar Stocks Comparison Table Real Goods Solar,
Inc. (NASDAQ:RSOL) is the first best-rated stock in this segment of the market.
It is rated positively by 100% of the 4 brokerage analysts covering it. GT
Advanced Technologies Inc (NASDAQ:GTAT) is the second best-rated stock in this
segment of the market. It is rated positively by 77% of the 13 brokerage
analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) is the third
best-rated stock in this segment of the market. It is rated positively by 65% of
the 34 brokerage analysts covering it. First Solar, Inc. (NASDAQ:FSLR) is the
fourth best-rated stock in this segment of the market. It is rated positively by
53% of the 47 brokerage analysts covering it. Daqo New Energy Corp. (NYSE:DQ) is
the fifth best-rated stock in this segment of the market. It is rated positively
by 40% of the 5 brokerage analysts covering it. MEMC Electronic Materials, Inc.
(NYSE:WFR) is the sixth best-rated stock in this segment of the market. It is
rated positively by 37% of the 27 brokerage analysts covering it. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-rated stock in this
segment of the market. It is rated positively by 36% of the 28 brokerage
analysts covering it. ReneSola Ltd. (ADR) (NYSE:SOL) is the eighth best-rated
stock in this segment of the market. It is rated positively by 33% of the 12
brokerage analysts covering it. Ascent Solar Technologies, Inc. (NASDAQ:ASTI) is
the ninth best-rated stock in this segment of the market. It is rated positively
by 17% of the 6 brokerage analysts covering it. Suntech Power Holdings Co., Ltd.
(ADR) (NYSE:STP) is the 10th best-rated stock in this segment of the market. It
is rated positively by 15% of the 39 brokerage analysts covering it. CLICK HERE
for Solar Stocks Comparison Table
ratings by brokerage analysts. Five Chinese companies (TSL, DQ, YGE, SOL, STP)
are on the list. CLICK HERE for Solar Stocks Comparison Table Real Goods Solar,
Inc. (NASDAQ:RSOL) is the first best-rated stock in this segment of the market.
It is rated positively by 100% of the 4 brokerage analysts covering it. GT
Advanced Technologies Inc (NASDAQ:GTAT) is the second best-rated stock in this
segment of the market. It is rated positively by 77% of the 13 brokerage
analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) is the third
best-rated stock in this segment of the market. It is rated positively by 65% of
the 34 brokerage analysts covering it. First Solar, Inc. (NASDAQ:FSLR) is the
fourth best-rated stock in this segment of the market. It is rated positively by
53% of the 47 brokerage analysts covering it. Daqo New Energy Corp. (NYSE:DQ) is
the fifth best-rated stock in this segment of the market. It is rated positively
by 40% of the 5 brokerage analysts covering it. MEMC Electronic Materials, Inc.
(NYSE:WFR) is the sixth best-rated stock in this segment of the market. It is
rated positively by 37% of the 27 brokerage analysts covering it. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-rated stock in this
segment of the market. It is rated positively by 36% of the 28 brokerage
analysts covering it. ReneSola Ltd. (ADR) (NYSE:SOL) is the eighth best-rated
stock in this segment of the market. It is rated positively by 33% of the 12
brokerage analysts covering it. Ascent Solar Technologies, Inc. (NASDAQ:ASTI) is
the ninth best-rated stock in this segment of the market. It is rated positively
by 17% of the 6 brokerage analysts covering it. Suntech Power Holdings Co., Ltd.
(ADR) (NYSE:STP) is the 10th best-rated stock in this segment of the market. It
is rated positively by 15% of the 39 brokerage analysts covering it. CLICK HERE
for Solar Stocks Comparison Table
Disney Missing the $14B Games Business It Should Have
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Despite recent challenges , mobile and social game-maker Zynga still is valued around $14 billion . Its games like FarmVille and Mafia Wars remain the recognizable face of the growing games industry on Facebook. The company has more than 232 monthly users. This is undoubtedly frustrating to much larger companies that would like to see their own mobile and social game businesses yield the same rewards. Disney (NYSE: DIS ) is a perfect example. The company has spent significant sums to secure a place in the social/mobile space during the past 18 months. While it spent undisclosed sums on HTML 5 technology-developer Rocket Pack in May and iPhone game maker Tapulous in July 2010, it also made a buy with an actual number attached — $563 million — on Facebook and mobile game studio Playdom that same month. Yet as of 2011′s second quarter, the $61 billion company — with control of some of the world’s most recognizable brands and characters — has just 3.3 million users on Facebook. Its entire Disney Interactive segment brought in just $251 million in revenues during that same quarter — a segment that suffered an $86 million operating loss (its second in a row) “driven by the inclusion of Playdom.” Shouldn’t a powerhouse like Disney at least be able to match some young blood like Zynga? Well, now that Playdom is fully incorporated into Disney Interactive’s operations — Playdom and Tapulous are now one studio called Disney Mobile — it should have a greater opportunity to bring in some of that Zynga-like revenue. A Monday report at All Things Digital said Playdom alone has 12 titles ready to release on Facebook during the next year, and these games will use Disney’s oh-so-lucrative brands. Also, Playdom has 3 million daily users for its recently released Facebook game Gardens of Time alone , so Disney’s audience already is multiplying on the social network to a degree that will put it on par with Zynga, Electronic Arts ( NASDAQ : ERTS ) and other leaders in the space. So while the spending on Playdom certainly set Disney back in Q2, CEO Bob Iger expects Disney Interactive to be back in the black by 2013.
Gold Futures Climb amid “Very Heavy Physical Buying”
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures rallied Monday amid widespread strength in many U.S. dollar-denominated asset classes.
How to Profit From Europe’s Debt Crisis
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Back in July, I warned you that Europe probably had its own Lehman Bros. — an unstable financial institution on the brink of a collapse. At the time, I didn’t know exactly which institutions were most at risk. Now, I have a pretty good idea and want to share that with you. One big firm, the Brussels-based Dexia SA, is already set to be dismantled. And based on an analysis of 50 European banks with a combined $129 billion (92 billion euros) tied up in Greek sovereign debt, I’ve identified two other suspect institutions: BNP Paribas SA and Societe Generale SA (PINK: SCGLY ). These banks have a high level of exposure to Greek sovereign debt and, once they’re forced to acknowledge the precariousness of their situation, investors will stampede for the exits. That will have negative effects for both European and U.S. banks, as well as the overall markets. But there is a way to not only protect yourself, but turn a serious profit. I will explain that to you shortly, but first, let me give you an idea of what it is we’re dealing with. Europe’s Lehman Bros. Basically, there are two ways to judge which banks are most at risk. You can: Look at how expensive the credit default swaps on these banks are compared to their peer group. Look at how quickly those credit default swaps have climbed. Credit default swaps, in case you are not familiar with them, originally were created as insurance that protected the lender in case of a default. When they are purchased, the loan is turned into an asset and then is “swappable” for cash if the borrower defaults. Generally speaking, the more expensive a credit default swap is and the faster its price has increased, the greater the risk there is associated with it.
Microsoft Corporation (NASDAQ:MSFT) Gets Skype Buy Approval
Microsoft Corporation (NASDAQ:MSFT) has received the nod for its Skype
acquisition. Microsoft Corporation (NASDAQ:MSFT) Gets Skype Buy Approval
Microsoft Corporation (NASDAQ:MSFT) announced that it has won approvals from the
European Union and the United States to proceed with its Skype acquisition. This
$8.5 billion deal marks the largest investment of Microsoft Corporation
(NASDAQ:MSFT) since its 2007 $6 billion purchase of aQuantive. It is one of the
strategic moves Microsoft Corporation (NASDAQ:MSFT) has set in place to reclaim
its presence and market share in the smartphone and tablet PC arena. Brad Smith,
General Counsel and Executive Vice President, Microsoft Corporation
(NASDAQ:MSFT), said that, "We're pleased that the European Commission has
approved Microsoft Corporation (NASDAQ:MSFT)'s acquisition of Skype. This is
an important milestone, as we've now received clearance from both the United
States and the European Union. We look forward to completing soon the final
steps needed to close the acquisition, bringing together the employees of
Microsoft Corporation (NASDAQ:MSFT) and Skype, and creating new opportunities
for people to communicate and collaborate around the world". Microsoft Corp.
(NASDAQ:MSFT) shares are currently standing at 26.25. Price History Last Price:
26.25 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 25.7 6 Month
Price Change %: 0.7% 12 Month Price Change %: 7.0%
acquisition. Microsoft Corporation (NASDAQ:MSFT) Gets Skype Buy Approval
Microsoft Corporation (NASDAQ:MSFT) announced that it has won approvals from the
European Union and the United States to proceed with its Skype acquisition. This
$8.5 billion deal marks the largest investment of Microsoft Corporation
(NASDAQ:MSFT) since its 2007 $6 billion purchase of aQuantive. It is one of the
strategic moves Microsoft Corporation (NASDAQ:MSFT) has set in place to reclaim
its presence and market share in the smartphone and tablet PC arena. Brad Smith,
General Counsel and Executive Vice President, Microsoft Corporation
(NASDAQ:MSFT), said that, "We're pleased that the European Commission has
approved Microsoft Corporation (NASDAQ:MSFT)'s acquisition of Skype. This is
an important milestone, as we've now received clearance from both the United
States and the European Union. We look forward to completing soon the final
steps needed to close the acquisition, bringing together the employees of
Microsoft Corporation (NASDAQ:MSFT) and Skype, and creating new opportunities
for people to communicate and collaborate around the world". Microsoft Corp.
(NASDAQ:MSFT) shares are currently standing at 26.25. Price History Last Price:
26.25 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 25.7 6 Month
Price Change %: 0.7% 12 Month Price Change %: 7.0%
Disney Missing the $14B Games Business It Should Have
Despite recent challenges , mobile and social game-maker Zynga still is valued
around $14 billion . Its games like FarmVille and Mafia Wars remain the
recognizable face of the growing games industry on Facebook. The company has
more than 232 monthly users. This is undoubtedly frustrating to much larger
companies that would like to see their own mobile and social game businesses
yield the same rewards. Disney (NYSE: DIS ) is a perfect example. The company
has spent significant sums to secure a place in the social/mobile space during
the past 18 months. While it spent undisclosed sums on HTML 5
technology-developer Rocket Pack in May and iPhone game maker Tapulous in July
2010, it also made a buy with an actual number attached $563 million on
Facebook and mobile game studio Playdom that same month. Yet as of 2011s second
quarter, the $61 billion company with control of some of the worlds most
recognizable brands and characters has just 3.3 million users on Facebook. Its
entire Disney Interactive segment brought in just $251 million in revenues
during that same quarter a segment that suffered an $86 million operating loss
(its second in a row) driven by the inclusion of Playdom. Shouldnt a powerhouse
like Disney at least be able to match some young blood like Zynga? Well, now
that Playdom is fully incorporated into Disney Interactives operations Playdom
and Tapulous are now one studio called Disney Mobile it should have a greater
opportunity to bring in some of that Zynga-like revenue. A Monday report at All
Things Digital said Playdom alone has 12 titles ready to release on Facebook
during the next year, and these games will use Disneys oh-so-lucrative brands.
Also, Playdom has 3 million daily users for its recently released Facebook game
Gardens of Time alone , so Disneys audience already is multiplying on the social
network to a degree that will put it on par with Zynga, Electronic Arts (NASDAQ:
ERTS ) and other leaders in the space. So while the spending on Playdom
certainly set Disney back in Q2, CEO Bob Iger expects Disney Interactive to be
back in the black by 2013.
around $14 billion . Its games like FarmVille and Mafia Wars remain the
recognizable face of the growing games industry on Facebook. The company has
more than 232 monthly users. This is undoubtedly frustrating to much larger
companies that would like to see their own mobile and social game businesses
yield the same rewards. Disney (NYSE: DIS ) is a perfect example. The company
has spent significant sums to secure a place in the social/mobile space during
the past 18 months. While it spent undisclosed sums on HTML 5
technology-developer Rocket Pack in May and iPhone game maker Tapulous in July
2010, it also made a buy with an actual number attached $563 million on
Facebook and mobile game studio Playdom that same month. Yet as of 2011s second
quarter, the $61 billion company with control of some of the worlds most
recognizable brands and characters has just 3.3 million users on Facebook. Its
entire Disney Interactive segment brought in just $251 million in revenues
during that same quarter a segment that suffered an $86 million operating loss
(its second in a row) driven by the inclusion of Playdom. Shouldnt a powerhouse
like Disney at least be able to match some young blood like Zynga? Well, now
that Playdom is fully incorporated into Disney Interactives operations Playdom
and Tapulous are now one studio called Disney Mobile it should have a greater
opportunity to bring in some of that Zynga-like revenue. A Monday report at All
Things Digital said Playdom alone has 12 titles ready to release on Facebook
during the next year, and these games will use Disneys oh-so-lucrative brands.
Also, Playdom has 3 million daily users for its recently released Facebook game
Gardens of Time alone , so Disneys audience already is multiplying on the social
network to a degree that will put it on par with Zynga, Electronic Arts (NASDAQ:
ERTS ) and other leaders in the space. So while the spending on Playdom
certainly set Disney back in Q2, CEO Bob Iger expects Disney Interactive to be
back in the black by 2013.
Top 10 Best-Rated Media Stocks: BONA, ROVI, VIA.B, TWX, NWSA, RENT, JW.A, IMAX, RGC, LYV (Oct 10, 2011)
Below are the top 10 best-rated Media stocks, based on the number of positive
ratings by brokerage analysts. One Chinese company (BONA) is on the list. Bona
Film Group Ltd (ADR) (NASDAQ:BONA) is the first best-rated stock in this segment
of the market. It is rated positively by 100% of the 5 brokerage analysts
covering it. Rovi Corporation (NASDAQ:ROVI) is the second best-rated stock in
this segment of the market. It is rated positively by 81% of the 16 brokerage
analysts covering it. Viacom, Inc. (NYSE:VIA.B) is the third best-rated stock in
this segment of the market. It is rated positively by 79% of the 29 brokerage
analysts covering it. Time Warner Inc. (NYSE:TWX) is the fourth best-rated stock
in this segment of the market. It is rated positively by 77% of the 31 brokerage
analysts covering it. News Corp (NASDAQ:NWSA) is the fifth best-rated stock in
this segment of the market. It is rated positively by 75% of the 24 brokerage
analysts covering it. Rentrak Corporation (NASDAQ:RENT) is the sixth best-rated
stock in this segment of the market. It is rated positively by 75% of the 8
brokerage analysts covering it. John Wiley & Sons Inc (NYSE:JW.A) is the seventh
best-rated stock in this segment of the market. It is rated positively by 75% of
the 4 brokerage analysts covering it. IMAX Corporation (USA) (NYSE:IMAX) is the
eighth best-rated stock in this segment of the market. It is rated positively by
73% of the 15 brokerage analysts covering it. Regal Entertainment Group
(NYSE:RGC) is the ninth best-rated stock in this segment of the market. It is
rated positively by 72% of the 18 brokerage analysts covering it. Live Nation
Entertainment, Inc. (NYSE:LYV) is the 10th best-rated stock in this segment of
the market. It is rated positively by 71% of the 7 brokerage analysts covering
it.
ratings by brokerage analysts. One Chinese company (BONA) is on the list. Bona
Film Group Ltd (ADR) (NASDAQ:BONA) is the first best-rated stock in this segment
of the market. It is rated positively by 100% of the 5 brokerage analysts
covering it. Rovi Corporation (NASDAQ:ROVI) is the second best-rated stock in
this segment of the market. It is rated positively by 81% of the 16 brokerage
analysts covering it. Viacom, Inc. (NYSE:VIA.B) is the third best-rated stock in
this segment of the market. It is rated positively by 79% of the 29 brokerage
analysts covering it. Time Warner Inc. (NYSE:TWX) is the fourth best-rated stock
in this segment of the market. It is rated positively by 77% of the 31 brokerage
analysts covering it. News Corp (NASDAQ:NWSA) is the fifth best-rated stock in
this segment of the market. It is rated positively by 75% of the 24 brokerage
analysts covering it. Rentrak Corporation (NASDAQ:RENT) is the sixth best-rated
stock in this segment of the market. It is rated positively by 75% of the 8
brokerage analysts covering it. John Wiley & Sons Inc (NYSE:JW.A) is the seventh
best-rated stock in this segment of the market. It is rated positively by 75% of
the 4 brokerage analysts covering it. IMAX Corporation (USA) (NYSE:IMAX) is the
eighth best-rated stock in this segment of the market. It is rated positively by
73% of the 15 brokerage analysts covering it. Regal Entertainment Group
(NYSE:RGC) is the ninth best-rated stock in this segment of the market. It is
rated positively by 72% of the 18 brokerage analysts covering it. Live Nation
Entertainment, Inc. (NYSE:LYV) is the 10th best-rated stock in this segment of
the market. It is rated positively by 71% of the 7 brokerage analysts covering
it.
Gold Futures Climb amid “Very Heavy Physical Buying”
Gold futures rallied Monday amid widespread strength in many U.S.
dollar-denominated asset classes.
dollar-denominated asset classes.
Alcoa — How to Play Tuesday’s Earnings Report
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Third-quarter earnings season officially kicks off Tuesday, with Alcoa (NYSE: AA ) reporting earnings for the period ending Sept. 30 before the market opens. With global markets in disarray, we will learn much about economic activity with the release of results. More important will be guidance for the future. Many analysts are beginning to slash 2012 estimates. As we get closer to 2012, results will be a better barometer of how accurate those predictions might be. What Alcoa says about sales and profits will go a long way toward predicting where markets move from here. Alcoa's products are used in the manufacturing of aircraft and automobiles. Both of those sectors are performing decently in 2011. Despite the specter of a declining economy, aircraft orders in the third quarter were slightly higher than the year-ago period. That should help ease some of the concern regarding Alcoa's earnings in coming quarters. During the past four quarters, Alcoa has met or beaten average Wall Street estimates: In early July, the company reported second-quarter results that met expectations for earnings and exceeded estimates of revenue. The report was upbeat and positive. Since that time, optimism for Alcoa's third-quarter earnings have faded. Ninety days ago, the average Wall Street estimate for the third quarter was 34 cents per share. Today, the expectation is for Alcoa to make 22 cents per share. The decline is directly related to falling aluminum prices during the third quarter. If manufacturing costs did not drop at the same pace, profit margins for Alcoa should be lower in the period. For the full year, Alcoa is expected to make $1.04 per share. In 2012, profits are expected to grow by 15% to $1.20 per share. Click to Enlarge At current prices, shares of Alcoa trade for nine times current-fiscal-year estimated earnings. Since the last earnings report, AA shares have fallen in value by 39%. The stock is trading slightly lower than a year ago. Also, at the time of the last report, Alcoa was upbeat with respect for demand to aluminum. Since then, the market has tanked on speculation of a double-dip recession and fears of financial chaos in Europe, and aluminum prices have fallen — as have analyst estimates for AA. That said, the expectation is for the company to deliver double-digit profit growth in 2012. And with shares trading today for less than 10 times earnings, shares are cheap relative to expected growth. I expect the company to easily meet greatly reduced expectations for the period. With aircraft and auto sales as strong as they are, there should be no issue or surprises with respect to guidance. Alcoa shares are pricing in economic Armageddon. The numbers should help to dispel negative speculation. A strong report will send shares up 5% to 10%.
Dow Jones Average Index DJX DJI, Nasdaq Index IXIC, S&P 500 Index INX Stock Market Investing News Today Mid-Day Results
XCSFDHG46767FHJHJF
dow2664 The primary stock indices in the U.S. were pulled lower to close last session, but the negative action that played out then was not enough to keep futures lower this morning. Prior to opening bell today, indicators revealed positive trends for the Dow Jones Industrial futures, Nasdaq and S&P 500 futures. Stocks positioned for the stronger open. The DJIA futures were tracking over 100 points above break-even at that point. World markets were off to a better start today as well. Primary indices in Europe and Asia were posting green prior to the start of today’s U.S. session. No major economic news is scheduled in the U.S. today and so trends for the primary U.S. composites will be affected more by global market trends. As the trading session reached the halfway mark in the session today, the primary stock indices were climbing higher. All three primary stock indices in the U.S. were green at this point. News emerged that European leaders would be unveiling their plan to minimize the debt crisis in the eurozone by the end of this month. This sparked feelings of optimism in investors globally and helped push indices higher. Asian markets ended mixed, but European stocks finished stronger. Currently, the Dow Jones Industrial Average is higher by over 272 points at 11,378. The Nasdaq is higher by 74.14 points at 2,554 and the S&P 500 is higher by 33.05 points at 1,188. Frank Matto
Price Per Ounce Gold Today, Price per ounce silver; Spot gold price per gram spot silver price; Market Investing News Mid-Day
XCSFDHG46767FHJHJF
dow2664 Price for Gold per ounce and price for Silver per ounce trend lines were moving in a positive direction this morning. Both gold and silver prices were posting green values at that point. Gold and silver contract prices were moving in a positive direction as were spot gold per gram and spot silver per ounce price trends. It should be noted though that gold and silver price trends have struggled in recent weeks and will be challenged today to continue above break-even. One month change analysis for both gold and silver reveals that both precious metals are losers over the course of this time. As the trading session reached the halfway mark today, the primary stock indices in the U.S. were climbing higher. News posted today pertaining to the European debt crisis. European leaders revealed that they would unveil their plan to solve the debt crisis by month’s end. Investor optimism increased and as a result, stock indices pushed higher along with commodity price trends. Precious metals gold and silver were both trending in positive territory just after the halfway pint in the U.S. trading session. Gold contract for December delivery was higher by 2.29 percent at 1673.30 per troy ounce. Electronic price for Silver contract was higher by 3.60 percent at 32.11 per troy ounce. Spot gold and spot silver prices were also positive. Spot gold per gram was higher by 1.07 at 53.66 and spot silver per ounce was higher by 1.17 at 32.16. Camillo Zucari
Top 10 High Dividend Growth Stocks for Long-Term Returns
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Dividend growth stocks are one of the best-kept secrets in the investing world. After all, these are high-quality companies with strong competitive advantages that allow them to generate rising earnings over time. As a result, most of these companies generate so much in excess cash flow that they are able to pay a higher dividend over time without sacrificing long-term growth. Companies that raise dividends at a high rate could easily generate double-digit yields on cost for investors who bought early and at the right time. The following dividend champions have the highest consistent dividend growth rates: Lowe’s (NYSE: LOW ), together with its subsidiaries, operates as a home improvement retailer in the United States and Canada. The company has boosted distributions for 49 years in a row. Ten-year annual dividend growth rate: 27.6%. Yield: 2.8%. ( analysis ) McDonald’s (NYSE: MCD ), together with its subsidiaries, operates as a worldwide foodservice retailer. The company has increased distributions for 35 consecutive years. Ten-year annual dividend growth rate: 26.5% Yield: 2.8%. ( analysis ) Raven Industries ( NASDAQ : RAVN ) manufactures various products for industrial, agricultural, construction and military/aerospace markets in the United States and internationally. The company has boosted distributions for 25 years in a row. Ten-year annual dividend growth rate: 18.2%. Yield: 1.5%. Wal-Mart (NYSE: WMT ) operates retail stores in various formats worldwide. The company has increased distributions for 37 consecutive years. Ten-year annual dividend growth rate: 17.8% Yield: 2.8%. ( analysis )
Gold Stocks “An Even Greater Gift than What We Had Seen Before”
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD STOCKS NEWS – Gold stocks rallied Monday, with the Market Vectors Gold Miners ETF (GDX) climbing $1.63, or 3.0%, to $56.51 per share.
Price Per Ounce Gold Today, Price per ounce silver; Spot gold price per gram spot silver price; Market Investing News Mid-Day
Price for Gold per ounce and price for Silver per ounce trend lines were moving
in a positive direction this morning. Both gold and silver prices were posting
green values at that point. Gold and silver contract prices were moving in a
positive direction as were spot gold per gram and spot silver per ounce price
trends. It should be noted though that gold and silver price trends have
struggled in recent weeks and will be challenged today to continue above
break-even. One month change analysis for both gold and silver reveals that both
precious metals are losers over the course of this time. As the trading session
reached the halfway mark today, the primary stock indices in the U.S. were
climbing higher. News posted today pertaining to the European debt crisis.
European leaders revealed that they would unveil their plan to solve the debt
crisis by months end. Investor optimism increased and as a result, stock indices
pushed higher along with commodity price trends. Precious metals gold and silver
were both trending in positive territory just after the halfway pint in the U.S.
trading session. Gold contract for December delivery was higher by 2.29 percent
at 1673.30 per troy ounce. Electronic price for Silver contract was higher by
3.60 percent at 32.11 per troy ounce. Spot gold and spot silver prices were also
positive. Spot gold per gram was higher by 1.07 at 53.66 and spot silver per
ounce was higher by 1.17 at 32.16. Camillo Zucari
in a positive direction this morning. Both gold and silver prices were posting
green values at that point. Gold and silver contract prices were moving in a
positive direction as were spot gold per gram and spot silver per ounce price
trends. It should be noted though that gold and silver price trends have
struggled in recent weeks and will be challenged today to continue above
break-even. One month change analysis for both gold and silver reveals that both
precious metals are losers over the course of this time. As the trading session
reached the halfway mark today, the primary stock indices in the U.S. were
climbing higher. News posted today pertaining to the European debt crisis.
European leaders revealed that they would unveil their plan to solve the debt
crisis by months end. Investor optimism increased and as a result, stock indices
pushed higher along with commodity price trends. Precious metals gold and silver
were both trending in positive territory just after the halfway pint in the U.S.
trading session. Gold contract for December delivery was higher by 2.29 percent
at 1673.30 per troy ounce. Electronic price for Silver contract was higher by
3.60 percent at 32.11 per troy ounce. Spot gold and spot silver prices were also
positive. Spot gold per gram was higher by 1.07 at 53.66 and spot silver per
ounce was higher by 1.17 at 32.16. Camillo Zucari
Dow Jones Average Index DJX DJI, Nasdaq Index IXIC, S&P 500 Index INX Stock Market Investing News Today Mid-Day Results
The primary stock indices in the U.S. were pulled lower to close last session,
but the negative action that played out then was not enough to keep futures
lower this morning. Prior to opening bell today, indicators revealed positive
trends for the Dow Jones Industrial futures, Nasdaq and S&P 500 futures. Stocks
positioned for the stronger open. The DJIA futures were tracking over 100 points
above break-even at that point. World markets were off to a better start today
as well. Primary indices in Europe and Asia were posting green prior to the
start of todays U.S. session. No major economic news is scheduled in the U.S.
today and so trends for the primary U.S. composites will be affected more by
global market trends. As the trading session reached the halfway mark in the
session today, the primary stock indices were climbing higher. All three primary
stock indices in the U.S. were green at this point. News emerged that European
leaders would be unveiling their plan to minimize the debt crisis in the
eurozone by the end of this month. This sparked feelings of optimism in
investors globally and helped push indices higher. Asian markets ended mixed,
but European stocks finished stronger. Currently, the Dow Jones Industrial
Average is higher by over 272 points at 11,378. The Nasdaq is higher by 74.14
points at 2,554 and the S&P 500 is higher by 33.05 points at 1,188. Frank Matto
but the negative action that played out then was not enough to keep futures
lower this morning. Prior to opening bell today, indicators revealed positive
trends for the Dow Jones Industrial futures, Nasdaq and S&P 500 futures. Stocks
positioned for the stronger open. The DJIA futures were tracking over 100 points
above break-even at that point. World markets were off to a better start today
as well. Primary indices in Europe and Asia were posting green prior to the
start of todays U.S. session. No major economic news is scheduled in the U.S.
today and so trends for the primary U.S. composites will be affected more by
global market trends. As the trading session reached the halfway mark in the
session today, the primary stock indices were climbing higher. All three primary
stock indices in the U.S. were green at this point. News emerged that European
leaders would be unveiling their plan to minimize the debt crisis in the
eurozone by the end of this month. This sparked feelings of optimism in
investors globally and helped push indices higher. Asian markets ended mixed,
but European stocks finished stronger. Currently, the Dow Jones Industrial
Average is higher by over 272 points at 11,378. The Nasdaq is higher by 74.14
points at 2,554 and the S&P 500 is higher by 33.05 points at 1,188. Frank Matto
Top 10 Best-Performing Micro Cap Stocks Year-to-Date: GENE, TSTF, ICGN, COOL, AMPE, AXK, ATAI, JVA, INPH, MDW (Oct 10, 2011)
Below are the top 10 best-performing Micro Cap stocks year-to-date. One Chinese
company (ATAI) is on the list. Genetic Technologies Limited (ADR) (NASDAQ:GENE)
is the 1st best-performing stock year-to-date in this segment of the market. It
is up 323.7% year-to-date, and it is up 406.3% for the last 52 weeks. TeamStaff,
Inc. (NASDAQ:TSTF) is the 2nd best-performing stock year-to-date in this segment
of the market. It is up 249.0% year-to-date, and it is up 247.1% for the last 52
weeks. Icagen, Inc. (NASDAQ:ICGN) is the 3rd best-performing stock year-to-date
in this segment of the market. It is up 238.4% year-to-date, and it is up 368.0%
for the last 52 weeks. Majesco Entertainment Co. (NASDAQ:COOL) is the 4th
best-performing stock year-to-date in this segment of the market. It is up
215.6% year-to-date, and it is up 268.2% for the last 52 weeks. Ampio
Pharmaceuticals, Inc. (NASDAQ:AMPE) is the 5th best-performing stock
year-to-date in this segment of the market. It is up 211.3% year-to-date, and it
is up 162.1% for the last 52 weeks. Accelr8 Technology Corporation (AMEX:AXK) is
the 6th best-performing stock year-to-date in this segment of the market. It is
up 191.9% year-to-date, and it is up 180.6% for the last 52 weeks. ATA Inc.(ADR)
(NASDAQ:ATAI) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 146.3% year-to-date, and it is up 194.7% for the last 52
weeks. Coffee Holding Co., Inc. (NASDAQ:JVA) is the 8th best-performing stock
year-to-date in this segment of the market. It is up 143.0% year-to-date, and it
is up 118.9% for the last 52 weeks. Interphase Corporation (NASDAQ:INPH) is the
9th best-performing stock year-to-date in this segment of the market. It is up
140.0% year-to-date, and it is up 154.1% for the last 52 weeks. Midway Gold
Corp. (AMEX:MDW) is the 10th best-performing stock year-to-date in this segment
of the market. It is up 129.8% year-to-date, and it is up 201.6% for the last 52
weeks.
company (ATAI) is on the list. Genetic Technologies Limited (ADR) (NASDAQ:GENE)
is the 1st best-performing stock year-to-date in this segment of the market. It
is up 323.7% year-to-date, and it is up 406.3% for the last 52 weeks. TeamStaff,
Inc. (NASDAQ:TSTF) is the 2nd best-performing stock year-to-date in this segment
of the market. It is up 249.0% year-to-date, and it is up 247.1% for the last 52
weeks. Icagen, Inc. (NASDAQ:ICGN) is the 3rd best-performing stock year-to-date
in this segment of the market. It is up 238.4% year-to-date, and it is up 368.0%
for the last 52 weeks. Majesco Entertainment Co. (NASDAQ:COOL) is the 4th
best-performing stock year-to-date in this segment of the market. It is up
215.6% year-to-date, and it is up 268.2% for the last 52 weeks. Ampio
Pharmaceuticals, Inc. (NASDAQ:AMPE) is the 5th best-performing stock
year-to-date in this segment of the market. It is up 211.3% year-to-date, and it
is up 162.1% for the last 52 weeks. Accelr8 Technology Corporation (AMEX:AXK) is
the 6th best-performing stock year-to-date in this segment of the market. It is
up 191.9% year-to-date, and it is up 180.6% for the last 52 weeks. ATA Inc.(ADR)
(NASDAQ:ATAI) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 146.3% year-to-date, and it is up 194.7% for the last 52
weeks. Coffee Holding Co., Inc. (NASDAQ:JVA) is the 8th best-performing stock
year-to-date in this segment of the market. It is up 143.0% year-to-date, and it
is up 118.9% for the last 52 weeks. Interphase Corporation (NASDAQ:INPH) is the
9th best-performing stock year-to-date in this segment of the market. It is up
140.0% year-to-date, and it is up 154.1% for the last 52 weeks. Midway Gold
Corp. (AMEX:MDW) is the 10th best-performing stock year-to-date in this segment
of the market. It is up 129.8% year-to-date, and it is up 201.6% for the last 52
weeks.
Top 10 High Dividend Growth Stocks for Long-Term Returns
Dividend growth stocks are one of the best-kept secrets in the investing world.
After all, these are high-quality companies with strong competitive advantages
that allow them to generate rising earnings over time. As a result, most of
these companies generate so much in excess cash flow that they are able to pay a
higher dividend over time without sacrificing long-term growth. Companies that
raise dividends at a high rate could easily generate double-digit yields on cost
for investors who bought early and at the right time. The following dividend
champions have the highest consistent dividend growth rates: Lowes (NYSE: LOW ),
together with its subsidiaries, operates as a home improvement retailer in the
United States and Canada. The company has boosted distributions for 49 years in
a row. Ten-year annual dividend growth rate: 27.6%. Yield: 2.8%. ( analysis )
McDonalds (NYSE: MCD ), together with its subsidiaries, operates as a worldwide
foodservice retailer. The company has increased distributions for 35 consecutive
years. Ten-year annual dividend growth rate: 26.5% Yield: 2.8%. ( analysis )
Raven Industries (NASDAQ: RAVN ) manufactures various products for industrial,
agricultural, construction and military/aerospace markets in the United States
and internationally. The company has boosted distributions for 25 years in a
row. Ten-year annual dividend growth rate: 18.2%. Yield: 1.5%. Wal-Mart (NYSE:
WMT ) operates retail stores in various formats worldwide. The company has
increased distributions for 37 consecutive years. Ten-year annual dividend
growth rate: 17.8% Yield: 2.8%. ( analysis )
After all, these are high-quality companies with strong competitive advantages
that allow them to generate rising earnings over time. As a result, most of
these companies generate so much in excess cash flow that they are able to pay a
higher dividend over time without sacrificing long-term growth. Companies that
raise dividends at a high rate could easily generate double-digit yields on cost
for investors who bought early and at the right time. The following dividend
champions have the highest consistent dividend growth rates: Lowes (NYSE: LOW ),
together with its subsidiaries, operates as a home improvement retailer in the
United States and Canada. The company has boosted distributions for 49 years in
a row. Ten-year annual dividend growth rate: 27.6%. Yield: 2.8%. ( analysis )
McDonalds (NYSE: MCD ), together with its subsidiaries, operates as a worldwide
foodservice retailer. The company has increased distributions for 35 consecutive
years. Ten-year annual dividend growth rate: 26.5% Yield: 2.8%. ( analysis )
Raven Industries (NASDAQ: RAVN ) manufactures various products for industrial,
agricultural, construction and military/aerospace markets in the United States
and internationally. The company has boosted distributions for 25 years in a
row. Ten-year annual dividend growth rate: 18.2%. Yield: 1.5%. Wal-Mart (NYSE:
WMT ) operates retail stores in various formats worldwide. The company has
increased distributions for 37 consecutive years. Ten-year annual dividend
growth rate: 17.8% Yield: 2.8%. ( analysis )
Gold Stocks “An Even Greater Gift than What We Had Seen Before”
GOLD STOCKS NEWS Gold stocks rallied Monday, with the Market Vectors Gold
Miners ETF (GDX) climbing $1.63, or 3.0%, to $56.51 per share.
Miners ETF (GDX) climbing $1.63, or 3.0%, to $56.51 per share.
Walt Disney (NYSE:DIS) Signs New Deal
XCSFDHG46767FHJHJF
tdp2664 E money daily Walt Disney (NYSE:DIS)'s UTV has entered into a deal with Reliance Industries (RIL). Walt Disney (NYSE:DIS) Signs New Deal According to various reports, Reliance Industries is planning to sign a deal with the Indian unit of Walt Disney (NYSE:DIS) to acquire content for its telecom operations. This deal is expected to be completed in the coming weeks The paper said,"Under this deal, UTV, Indian subsidiary of Walt Disney (NYSE:DIS) will provide Reliance Industries with the content for its next generation of mobile telecoms." Walt Disney Co. (NYSE:DIS) shares were at 31.7 at the end of the last day’s trading. There’s been a -20.6% movement in the stock price over the past 3 months. Walt Disney Co. (NYSE:DIS) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.05 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.21 Zack’s Rank: 3 out of 6 in the industry
Groupon’s Latest Filing: It’s Still a Good IPO — Really!
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace When a company goes through the IPO process, it needs to make various amendments to its initial filing (which is known as the prospectus or S-1). Often, the changes are fairly technical. For Groupon, these amendments often are bombshells. For example, in late June, Groupon indicated that the Securities and Exchange Commission required that the company change its accounting for its revenue recognition . It could include only the commission on a groupon, not the total value of the voucher. So for 2011, revenues were $688.1 million, not the juicy figure of $1.52 billion. Such things can be a buzzkill for IPO investors — especially in today's jittery markets. In fact, it looks like the value of Groupon might be as low as $3 billion now . That’s after it reached a whopping $24 billion estimate earlier in the year. Will Groupon change its crazy ways? Perhaps. In its most recent amendment, the company actually showed some realism. Groupon said it will — at some point — "significantly" reduce its marketing expenditures, without impacting its overall business. This definitely is encouraging news. Consider that for the first six months of 2011, the marketing expenditures came to a whopping $345.1 million, compared to $241.5 million for all of 2010. So by bringing these down, Groupon hopefully should get much closer to profitability, which is a reasonable goal. Hey, other top IPOs, such as Google ( NASDAQ : GOOG ) and Salesforce.com (NYSE: CRM ), were able to do this, right? But the big question is: When will Groupon cut back on things? As of now, we’re in the dark. Groupon’s merely stating a fuzzy goal. So — ironically enough — Groupon just gave investors something else to worry about. “Will Groupon ever be a profitable company?” And without an answer to that question, Groupon’s IPO will be even more difficult to make a reality. 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.
Top 10 Best-Performing Large Cap Stocks Year-to-Date: GMCR, ALXN, VFC, BIIB, ISRG, LO, CERN, MA, CHU, GR (Oct 10, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 best-performing Large Cap stocks year-to-date. One Chinese company (CHU) is on the list. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the 1st best-performing stock year-to-date in this segment of the market. It is up 180.2% year-to-date, and it is up 228.3% for the last 52 weeks. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 2nd best-performing stock year-to-date in this segment of the market. It is up 61.8% year-to-date, and it is up 94.4% for the last 52 weeks. V.F. Corporation (NYSE:VFC) is the 3rd best-performing stock year-to-date in this segment of the market. It is up 50.2% year-to-date, and it is up 57.0% for the last 52 weeks. Biogen Idec Inc. (NASDAQ:BIIB) is the 4th best-performing stock year-to-date in this segment of the market. It is up 49.2% year-to-date, and it is up 74.7% for the last 52 weeks. Intuitive Surgical, Inc. (NASDAQ:ISRG) is the 5th best-performing stock year-to-date in this segment of the market. It is up 41.4% year-to-date, and it is up 26.9% for the last 52 weeks. Lorillard Inc. (NYSE:LO) is the 6th best-performing stock year-to-date in this segment of the market. It is up 41.3% year-to-date, and it is up 46.8% for the last 52 weeks. Cerner Corporation (NASDAQ:CERN) is the 7th best-performing stock year-to-date in this segment of the market. It is up 39.3% year-to-date, and it is up 55.6% for the last 52 weeks. MasterCard Incorporated (NYSE:MA) is the 8th best-performing stock year-to-date in this segment of the market. It is up 39.0% year-to-date, and it is up 41.0% for the last 52 weeks. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) is the 9th best-performing stock year-to-date in this segment of the market. It is up 36.8% year-to-date, and it is up 35.2% for the last 52 weeks. Goodrich Corporation (NYSE:GR) is the 10th best-performing stock year-to-date in this segment of the market. It is up 36.7% year-to-date, and it is up 57.5% for the last 52 weeks.
Tech Startups May Start Feeling the Pain
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace So long, tech bubble of 2011. Stock speculators and doom-mongers alike had such great hopes for the new tech bubble. Privately held shares of the hottest web companies commanded valuations in the tens of billions of dollars, ratcheting up with each SecondMarket auction. Social media brands that ventured into the public market surged. LinkedIn (NYSE: LNKD ) left many, including me , wondering if the mania of the dot-com days had returned. But so much has changed since LinkedIn went public – starting with LinkedIn’s stock price: It’s down 38% from its high point of $122.70, reached a few hours after it went public. And now a major investor is slashing its stake in the social network. But more importantly, money is not flowing around so readily as it was this spring. The Fed’s quantitative easing has ended, and unending financial turmoil in Europe is making investors risk-averse. In the first half of 2011, 78 IPOs priced on U.S. markets, up from 64 in 2010, according to Renaissance Capital. But the third quarter saw only 18 pricings, down from 33 in the third quarter of last year. Meanwhile, 20 companies withdrew their IPOs in the third quarter, compared with 11 for the same period a year earlier. For much of 2011, however, the public and private markets have seen an unusual disconnect. The public markets grew so volatile at times that rivate equity seemed like a safe haven by comparison. While companies went public only to watch their stocks sink like a rock , the private trading on secondary markets saw valuations of names like Facebook and Twitter steadily rise. Others had no problem raising money from venture capital firms, with late-stage rounds supplemented by even later-stage rounds that raised several hundreds of millions of dollars for web companies like Twitter and LivingSocial. If there was a tech bubble to be found, it seemed to be in the private markets. But that may be changing, too. Venture firms have been raising less money than they are investing. A few years ago, many VC firms were turning money away from institutional investors, but no more. According to Dow Jones VentureSource, VCs invested $14.3 billion in startups in the first half of 2011, but raised only $8.1 billion. That gap has been growing since 2008. Venture funds raise money to be invested over the course of several years, so the impact of that investment gap won’t be felt right away. But one venture capitalist, John Steuart of Claremont Creek Ventures, had this advice for entrepreneurs: "If you're in the process of looking for funding, seed money or an early round, hurry up and get your term sheets signed." That prompted a discussion on Hacker News about whether — and when — VC financing will dry up. "The sky is falling," one commenter declared outright. "The reality is that with the current financing environment, there will be a ton of “orphaned startups,” remarked another. Needless to say, this will impact entrepreneurs, because it isn't sustainable. This is a reversal of recent years, when there was more money coming into VC funds than they knew what to do with. But fears of a renewed recession is causing institutional investors to be more tight-fisted with their money. Many tech companies have been avoiding the volatile public markets because venture investments have been so ample, but while it’s not drying up completely, it may well be harder to raise. The best names, like Twitter and Facebook, will never have a problem raising private money, but others might. That may prompt some to try for an IPO, but as we’ve seen the IPO market hasn’t been terribly accommodating. So for the first time in a while, web startups may find it hard to finance their future – just like the rest of the economy.
Tech Startups May Start Feeling the Pain
So long, tech bubble of 2011. Stock speculators and doom-mongers alike had such
great hopes for the new tech bubble. Privately held shares of the hottest web
companies commanded valuations in the tens of billions of dollars, ratcheting up
with each SecondMarket auction. Social media brands that ventured into the
public market surged. LinkedIn (NYSE: LNKD ) left many, including me , wondering
if the mania of the dot-com days had returned. But so much has changed since
LinkedIn went public starting with LinkedIns stock price: Its down 38% from its
high point of $122.70, reached a few hours after it went public. And now a major
investor is slashing its stake in the social network. But more importantly,
money is not flowing around so readily as it was this spring. The Feds
quantitative easing has ended, and unending financial turmoil in Europe is
making investors risk-averse. In the first half of 2011, 78 IPOs priced on U.S.
markets, up from 64 in 2010, according to Renaissance Capital. But the third
quarter saw only 18 pricings, down from 33 in the third quarter of last year.
Meanwhile, 20 companies withdrew their IPOs in the third quarter, compared with
11 for the same period a year earlier. For much of 2011, however, the public and
private markets have seen an unusual disconnect. The public markets grew so
volatile at times that rivate equity seemed like a safe haven by comparison.
While companies went public only to watch their stocks sink like a rock , the
private trading on secondary markets saw valuations of names like Facebook and
Twitter steadily rise. Others had no problem raising money from venture capital
firms, with late-stage rounds supplemented by even later-stage rounds that
raised several hundreds of millions of dollars for web companies like Twitter
and LivingSocial. If there was a tech bubble to be found, it seemed to be in the
private markets. But that may be changing, too. Venture firms have been raising
less money than they are investing. A few years ago, many VC firms were turning
money away from institutional investors, but no more. According to Dow Jones
VentureSource, VCs invested $14.3 billion in startups in the first half of 2011,
but raised only $8.1 billion. That gap has been growing since 2008. Venture
funds raise money to be invested over the course of several years, so the impact
of that investment gap wont be felt right away. But one venture capitalist, John
Steuart of Claremont Creek Ventures, had this advice for entrepreneurs: "If
you're in the process of looking for funding, seed money or an early round,
hurry up and get your term sheets signed." That prompted a discussion on
Hacker News about whether and when VC financing will dry up. "The sky is
falling," one commenter declared outright. "The reality is that with the
current financing environment, there will be a ton of orphaned startups,
remarked another. Needless to say, this will impact entrepreneurs, because it
isn't sustainable. This is a reversal of recent years, when there was more
money coming into VC funds than they knew what to do with. But fears of a
renewed recession is causing institutional investors to be more tight-fisted
with their money. Many tech companies have been avoiding the volatile public
markets because venture investments have been so ample, but while its not drying
up completely, it may well be harder to raise. The best names, like Twitter and
Facebook, will never have a problem raising private money, but others might.
That may prompt some to try for an IPO, but as weve seen the IPO market hasnt
been terribly accommodating. So for the first time in a while, web startups may
find it hard to finance their future – just like the rest of the economy.
great hopes for the new tech bubble. Privately held shares of the hottest web
companies commanded valuations in the tens of billions of dollars, ratcheting up
with each SecondMarket auction. Social media brands that ventured into the
public market surged. LinkedIn (NYSE: LNKD ) left many, including me , wondering
if the mania of the dot-com days had returned. But so much has changed since
LinkedIn went public starting with LinkedIns stock price: Its down 38% from its
high point of $122.70, reached a few hours after it went public. And now a major
investor is slashing its stake in the social network. But more importantly,
money is not flowing around so readily as it was this spring. The Feds
quantitative easing has ended, and unending financial turmoil in Europe is
making investors risk-averse. In the first half of 2011, 78 IPOs priced on U.S.
markets, up from 64 in 2010, according to Renaissance Capital. But the third
quarter saw only 18 pricings, down from 33 in the third quarter of last year.
Meanwhile, 20 companies withdrew their IPOs in the third quarter, compared with
11 for the same period a year earlier. For much of 2011, however, the public and
private markets have seen an unusual disconnect. The public markets grew so
volatile at times that rivate equity seemed like a safe haven by comparison.
While companies went public only to watch their stocks sink like a rock , the
private trading on secondary markets saw valuations of names like Facebook and
Twitter steadily rise. Others had no problem raising money from venture capital
firms, with late-stage rounds supplemented by even later-stage rounds that
raised several hundreds of millions of dollars for web companies like Twitter
and LivingSocial. If there was a tech bubble to be found, it seemed to be in the
private markets. But that may be changing, too. Venture firms have been raising
less money than they are investing. A few years ago, many VC firms were turning
money away from institutional investors, but no more. According to Dow Jones
VentureSource, VCs invested $14.3 billion in startups in the first half of 2011,
but raised only $8.1 billion. That gap has been growing since 2008. Venture
funds raise money to be invested over the course of several years, so the impact
of that investment gap wont be felt right away. But one venture capitalist, John
Steuart of Claremont Creek Ventures, had this advice for entrepreneurs: "If
you're in the process of looking for funding, seed money or an early round,
hurry up and get your term sheets signed." That prompted a discussion on
Hacker News about whether and when VC financing will dry up. "The sky is
falling," one commenter declared outright. "The reality is that with the
current financing environment, there will be a ton of orphaned startups,
remarked another. Needless to say, this will impact entrepreneurs, because it
isn't sustainable. This is a reversal of recent years, when there was more
money coming into VC funds than they knew what to do with. But fears of a
renewed recession is causing institutional investors to be more tight-fisted
with their money. Many tech companies have been avoiding the volatile public
markets because venture investments have been so ample, but while its not drying
up completely, it may well be harder to raise. The best names, like Twitter and
Facebook, will never have a problem raising private money, but others might.
That may prompt some to try for an IPO, but as weve seen the IPO market hasnt
been terribly accommodating. So for the first time in a while, web startups may
find it hard to finance their future – just like the rest of the economy.
Top 10 Best-Performing Large Cap Stocks Year-to-Date: GMCR, ALXN, VFC, BIIB, ISRG, LO, CERN, MA, CHU, GR (Oct 10, 2011)
Below are the top 10 best-performing Large Cap stocks year-to-date. One Chinese
company (CHU) is on the list. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR)
is the 1st best-performing stock year-to-date in this segment of the market. It
is up 180.2% year-to-date, and it is up 228.3% for the last 52 weeks. Alexion
Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 2nd best-performing stock
year-to-date in this segment of the market. It is up 61.8% year-to-date, and it
is up 94.4% for the last 52 weeks. V.F. Corporation (NYSE:VFC) is the 3rd
best-performing stock year-to-date in this segment of the market. It is up 50.2%
year-to-date, and it is up 57.0% for the last 52 weeks. Biogen Idec Inc.
(NASDAQ:BIIB) is the 4th best-performing stock year-to-date in this segment of
the market. It is up 49.2% year-to-date, and it is up 74.7% for the last 52
weeks. Intuitive Surgical, Inc. (NASDAQ:ISRG) is the 5th best-performing stock
year-to-date in this segment of the market. It is up 41.4% year-to-date, and it
is up 26.9% for the last 52 weeks. Lorillard Inc. (NYSE:LO) is the 6th
best-performing stock year-to-date in this segment of the market. It is up 41.3%
year-to-date, and it is up 46.8% for the last 52 weeks. Cerner Corporation
(NASDAQ:CERN) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 39.3% year-to-date, and it is up 55.6% for the last 52
weeks. MasterCard Incorporated (NYSE:MA) is the 8th best-performing stock
year-to-date in this segment of the market. It is up 39.0% year-to-date, and it
is up 41.0% for the last 52 weeks. China Unicom (Hong Kong) Limited (ADR)
(NYSE:CHU) is the 9th best-performing stock year-to-date in this segment of the
market. It is up 36.8% year-to-date, and it is up 35.2% for the last 52 weeks.
Goodrich Corporation (NYSE:GR) is the 10th best-performing stock year-to-date in
this segment of the market. It is up 36.7% year-to-date, and it is up 57.5% for
the last 52 weeks.
company (CHU) is on the list. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR)
is the 1st best-performing stock year-to-date in this segment of the market. It
is up 180.2% year-to-date, and it is up 228.3% for the last 52 weeks. Alexion
Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 2nd best-performing stock
year-to-date in this segment of the market. It is up 61.8% year-to-date, and it
is up 94.4% for the last 52 weeks. V.F. Corporation (NYSE:VFC) is the 3rd
best-performing stock year-to-date in this segment of the market. It is up 50.2%
year-to-date, and it is up 57.0% for the last 52 weeks. Biogen Idec Inc.
(NASDAQ:BIIB) is the 4th best-performing stock year-to-date in this segment of
the market. It is up 49.2% year-to-date, and it is up 74.7% for the last 52
weeks. Intuitive Surgical, Inc. (NASDAQ:ISRG) is the 5th best-performing stock
year-to-date in this segment of the market. It is up 41.4% year-to-date, and it
is up 26.9% for the last 52 weeks. Lorillard Inc. (NYSE:LO) is the 6th
best-performing stock year-to-date in this segment of the market. It is up 41.3%
year-to-date, and it is up 46.8% for the last 52 weeks. Cerner Corporation
(NASDAQ:CERN) is the 7th best-performing stock year-to-date in this segment of
the market. It is up 39.3% year-to-date, and it is up 55.6% for the last 52
weeks. MasterCard Incorporated (NYSE:MA) is the 8th best-performing stock
year-to-date in this segment of the market. It is up 39.0% year-to-date, and it
is up 41.0% for the last 52 weeks. China Unicom (Hong Kong) Limited (ADR)
(NYSE:CHU) is the 9th best-performing stock year-to-date in this segment of the
market. It is up 36.8% year-to-date, and it is up 35.2% for the last 52 weeks.
Goodrich Corporation (NYSE:GR) is the 10th best-performing stock year-to-date in
this segment of the market. It is up 36.7% year-to-date, and it is up 57.5% for
the last 52 weeks.
Groupon’s Latest Filing: It’s Still a Good IPO — Really!
When a company goes through the IPO process, it needs to make various
amendments to its initial filing (which is known as the prospectus or S-1).
Often, the changes are fairly technical. For Groupon, these amendments often are
bombshells. For example, in late June, Groupon indicated that the Securities and
Exchange Commission required that the company change its accounting for its
revenue recognition . It could include only the commission on a groupon, not the
total value of the voucher. So for 2011, revenues were $688.1 million, not the
juicy figure of $1.52 billion. Such things can be a buzzkill for IPO investors
especially in today's jittery markets. In fact, it looks like the value of
Groupon might be as low as $3 billion now . Thats after it reached a whopping
$24 billion estimate earlier in the year. Will Groupon change its crazy ways?
Perhaps. In its most recent amendment, the company actually showed some realism.
Groupon said it will at some point "significantly" reduce its marketing
expenditures, without impacting its overall business. This definitely is
encouraging news. Consider that for the first six months of 2011, the marketing
expenditures came to a whopping $345.1 million, compared to $241.5 million for
all of 2010. So by bringing these down, Groupon hopefully should get much closer
to profitability, which is a reasonable goal. Hey, other top IPOs, such as
Google (NASDAQ: GOOG ) and Salesforce.com (NYSE: CRM ), were able to do this,
right? But the big question is: When will Groupon cut back on things? As of now,
were in the dark. Groupons merely stating a fuzzy goal. So ironically enough
Groupon just gave investors something else to worry about. Will Groupon ever be
a profitable company? And without an answer to that question, Groupons IPO will
be even more difficult to make a reality. 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.
amendments to its initial filing (which is known as the prospectus or S-1).
Often, the changes are fairly technical. For Groupon, these amendments often are
bombshells. For example, in late June, Groupon indicated that the Securities and
Exchange Commission required that the company change its accounting for its
revenue recognition . It could include only the commission on a groupon, not the
total value of the voucher. So for 2011, revenues were $688.1 million, not the
juicy figure of $1.52 billion. Such things can be a buzzkill for IPO investors
especially in today's jittery markets. In fact, it looks like the value of
Groupon might be as low as $3 billion now . Thats after it reached a whopping
$24 billion estimate earlier in the year. Will Groupon change its crazy ways?
Perhaps. In its most recent amendment, the company actually showed some realism.
Groupon said it will at some point "significantly" reduce its marketing
expenditures, without impacting its overall business. This definitely is
encouraging news. Consider that for the first six months of 2011, the marketing
expenditures came to a whopping $345.1 million, compared to $241.5 million for
all of 2010. So by bringing these down, Groupon hopefully should get much closer
to profitability, which is a reasonable goal. Hey, other top IPOs, such as
Google (NASDAQ: GOOG ) and Salesforce.com (NYSE: CRM ), were able to do this,
right? But the big question is: When will Groupon cut back on things? As of now,
were in the dark. Groupons merely stating a fuzzy goal. So ironically enough
Groupon just gave investors something else to worry about. Will Groupon ever be
a profitable company? And without an answer to that question, Groupons IPO will
be even more difficult to make a reality. 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.
Research In Motion Limited (NASDAQ:RIMM) Buys Mobile Software Firm
XCSFDHG46767FHJHJF
tdp2664 E money daily Research In Motion Limited ( NASDAQ :RIMM) has acquired the NewBay mobile software maker for $100 million. Research In Motion Limited ( NASDAQ :RIMM) Buys Mobile Software Firm The BlackBerry maker Research In Motion Limited ( NASDAQ :RIMM) confirmed that it has acquired the mobile software maker NewBay for $100 million. The company intends to maintain Dublin as its development center with its employees. The Irish company provides photo, video and social network tools for smartphones and computers and has more than 80 million subscribers to its "white-label" content services. Research In Motion Limited (NASDAQ:RIMM) will use NewBay's services to offer content services. The company did not confirm when the deal would close. Research In Motion Limited (NASDAQ:RIMM) shares are currently standing at 23.36. Price History Last Price: 23.36 52 Week Low / High: 19.29 / 70.54 50 Day Moving Average: 25.83 6 Month Price Change %: -57.4% 12 Month Price Change %: -51.3%
Monday October 10, 2011
XCSFDHG46767FHJHJF
tdp2664 Penny Stock Live I’ve been slammed working on our new website and didn’t trust the market last week which is why there were no swing trades after our big wins on YHOO, NVDA, COOL and others. I did scalp S in chat for a solid $2,000 win, as did other chatters and am looking forward to swing trading again this week. I’ll have a new watch list out tonight by email. I lost on the OPTT short, but it’s breaking today if you held. I don’t like holding shorts over the weekend usually so I took the loss and will short again later on any spikes. Right now I’m short 9,950 shares of LSTG, a known pump and trying to game a collapse. The fee for holding this shares is already over $250 so I need this to happen sooner versus later. I might add another 10k shares this week. Other than that I’m all cash and on the hunt. Oh ya, we’re beta testing the new chat we’ve discussed… this has not been opened up to the masses yet, so check it out today. You’ll need to register here, free and takes 1 minute at most. Then login to chat and we’ll see if there are any bugs. I’d appreciate your help with this. While testing this chat, we won’t use the private chat, too hard to be in both places at once. Eventually we’ll have our own private room in this chat at SMW. http://thestockmarketwatch.com/markets/today.aspx
Chase, Capital One, Bank of America Offer Credit Card Rewards; Cash Back to Attract Customers Above Average Credit Scores and Spending Habits
XCSFDHG46767FHJHJF
dow2664 Americans are moving towards utilizing credit again. Why wouldn’t they with the incentives that many credit card companies are using as incentive. Credit card cash back rewards, free gas, additional airline miles are common incentives that the major credit card companies are utilizing in an effort to draw even more of the American population into using credit. Prominent companies are utilizing this strategy. Capitol One Financial Corp, BanK of America Corp., and Chase all offer credit card programs laced with attention grabbing incentives. The companies are even utilizing data analysis to send these offers out to the safest bets. The companies are reviewing credit scores and spending habits and sending these offers out to those individuals that rate above average in both categories. This strategy is in response to the previous credit and debt crisis in which many Americans and companies found themselves. One should note that the high rewards often come with a catch, higher interest rates. The companies are doing what they can to turn a profit. Bank of America continues to struggle but finished the last session stronger. Bank of America closed out the last trading session in the green by 2.54 percent at 6.05. Frank Matto
Panasonic Corp. (NYSE:PC) Wins Multiple Awards
XCSFDHG46767FHJHJF
tdp2664 E money daily Panasonic Corp. (NYSE:PC) has received two 2011 Tech Innovator awards from CRN. Panasonic Corp. (NYSE:PC) Wins Multiple Awards CRN has selected Panasonic Corp. (NYSE:PC) as their 2011 tech innovator by presenting two Tech Innovator awards at its 9th tech innovator listing. The company won the Display-Digital Signage category award for its 103" TH103VX200U Professional Plasma Display and Display-Projection category award for its PT-DZ570 Series projectors. Sheila O'Neil, Panasonic Corp. (NYSE:PC) channel sales vice president, said, "At Panasonic Corp. (NYSE:PC), we are dedicated to creating professional visualization devices that empower resellers to equip their customers with the right solutions to fit their needs. These awards are a testament to our dedication to providing our channel partners and end-users with customized, innovative, reliable solutions to meet a variety of professional applications and environments". Panasonic Corp. (NYSE:PC) shares were at 9.17 at the end of the last day’s trading. There’s been a -26.1% change in the stock price over the past 3 months. Panasonic Corp. (NYSE:PC) Analyst Advice Consensus Opinion: Strong Buy Mean recommendation: 1 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.5 Zack’s Rank: 1 out of 9 in the industry
Gold Price Surges $29 as Dollar Weakens
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD PRICE NEWS – The gold price surged higher Monday, rising $29.00 to $1,667 per ounce.
Gold Price Surges $29 as Dollar Weakens
GOLD PRICE NEWS – The gold price surged higher Monday, rising $29.00 to
$1,667 per ounce.
$1,667 per ounce.
Research In Motion Limited (NASDAQ:RIMM) Buys Mobile Software Firm
Research In Motion Limited (NASDAQ:RIMM) has acquired the NewBay mobile
software maker for $100 million. Research In Motion Limited (NASDAQ:RIMM) Buys
Mobile Software Firm The BlackBerry maker Research In Motion Limited
(NASDAQ:RIMM) confirmed that it has acquired the mobile software maker NewBay
for $100 million. The company intends to maintain Dublin as its development
center with its employees. The Irish company provides photo, video and social
network tools for smartphones and computers and has more than 80 million
subscribers to its "white-label" content services. Research In Motion
Limited (NASDAQ:RIMM) will use NewBay's services to offer content services.
The company did not confirm when the deal would close. Research In Motion
Limited (NASDAQ:RIMM) shares are currently standing at 23.36. Price History Last
Price: 23.36 52 Week Low / High: 19.29 / 70.54 50 Day Moving Average: 25.83 6
Month Price Change %: -57.4% 12 Month Price Change %: -51.3%
software maker for $100 million. Research In Motion Limited (NASDAQ:RIMM) Buys
Mobile Software Firm The BlackBerry maker Research In Motion Limited
(NASDAQ:RIMM) confirmed that it has acquired the mobile software maker NewBay
for $100 million. The company intends to maintain Dublin as its development
center with its employees. The Irish company provides photo, video and social
network tools for smartphones and computers and has more than 80 million
subscribers to its "white-label" content services. Research In Motion
Limited (NASDAQ:RIMM) will use NewBay's services to offer content services.
The company did not confirm when the deal would close. Research In Motion
Limited (NASDAQ:RIMM) shares are currently standing at 23.36. Price History Last
Price: 23.36 52 Week Low / High: 19.29 / 70.54 50 Day Moving Average: 25.83 6
Month Price Change %: -57.4% 12 Month Price Change %: -51.3%
Strandbeests: Incredible Kinetic Sculpture
XCSFDHG46767FHJHJF
dow2664 Every ones in a while, I come across something extraordinary that has nothing to do with stocks or investments. This is one of them.
Todays DOW Jones Industrial Average DJIA Index DJX DJI, Nasdaq index ixic, S&P 500 Indexsp: inx; Stock Market Today’s Investing News
XCSFDHG46767FHJHJF
dow2664 The primary index composites finished the last trading session in the red. The Dow Jones Index DJIA closed out negative by .18 percent or negative 20.21 at 11,103.12 The Nasdaq index closed out the last trading session negative by 1.10 percent at 2,479.35. The S&P 500 index finished off red by .82 percent or negative 9.51 points to close out at 1,155.46. Although the last trading session saw the primary U.S. index composites fall back below break-even, stocks gained on the week overall. The Dow Jones index finished the week higher overall by 1.7 percent. The Nasdaq closed out the week higher overall by 2.7 percent and the S&P 500 closed out the week higher overall by 2.1 percent. Jobs data last week was a bit better than expected, but the national unemployment rate still remained at the 9.1 percent. The economy continues to struggle and the global marketplace remains vulnerable. The ongoing debt crisis in the eurozone remains a primary worry for many investors. A banking crisis on a global scale could result if defaults on debt begin to materialize. For now, European leaders remain focused on developing an action plan to minimize the debt crisis, but the talks are unlikely to culminate in a complete resolution. The eurozone problems should continue to pressure the marketplace on a global scale this week and for weeks to come. The Bond Market will be closed for today in observation of Columbus Day. No major reports are due to post Monday. Frank Matto
Price of Gold per ounce; Silver price per ounce Spot gold per gram spot silver; Silvercorp MSN Stock Quotes Investing NYSE SVM
XCSFDHG46767FHJHJF
dow2664 Gold and silver contracts finished the most recent trading session mixed. Gold price per ounce rates were green while silver price per ounce rates were red. December delivery gold closed out higher by .80 at 1654 per troy ounce. Silver contract for December delivery closed out lower by .10 at 31.91 per troy ounce. Both precious metal gold and silver contracts remain negative over the course of the last 30 days. Silver, to a much greater degree. Prior to opening bell this morning, the price of spot gold per gram and the price of spot silver per ounce were trending in positive territory. Spot gold price per gram was green by .47 at 53.07 and the price of spot silver per ounce was green by .66 at 31.65. Investors had the weekend to process the additional downgrades pertaining to the sovereign debt in Italy and Spain. The euro dropped versus the dollar but the safe haven appeal of precious metal gold and silver could be on the rise. A solid silver miner, Silvercorp, finished the last trading session in the green according to MSN Money stock quotes. Silvercorp Metal Inc. closed out in the green on the NYSE last session. SVM closed out higher by 3.10 percent or plus .26 at 8.66. Silvercorp bucks recent trends and closes out above breakeven for the day. Camillo Zucari
Gold & Silver Prices – Daily Outlook October 10
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices changed direction again and slightly slipped on the last day of last week, after the U.S. non-farm employment report showed an increase of 103k in employment during September. Currently, gold and silver prices are traded up. The speculation around the European debt crisis continues to be high with an update of the recent news on this issue herein. Today, the French and Italian industrial production report will be published, and Japan’s current account.
Biotech Employment Grows Over 600% in California: Top Biotech Stocks
XCSFDHG46767FHJHJF
dow2664 According to research by two biotech industry associations, BayBio and BIOCOM, and the compensation consulting firm Radford, employment in the biotech industry rose by an incredible 632 percent in the past five years in the state of California. There were several interesting facts that came out of the survey, such as the the discovery that in 2006, there were eighteen biotechnology companies that had no employees; now these same companies employ over 3200 employees. It is not just California that is benefiting from the growth of biotech; over 170 publicly traded biotech stocks provide jobs all across the United States. Several of these companies even pay dividends. Amgen Inc. (AMGN) sells recombinant protein therapeutics for the treatment of cancer, such as include Aranesp, EPOGEN, Neulasta, NEUPOGEN, and Enbrel. The company trades at ten times forward earnings and sports a yield of 2.0%. The company, which has over $20 in cash per share, had a 4% increase in revenues for the latest quarter but a 2.7% drop in earnings. Medicis Pharmaceutical Corp. (MRX) develops and sells products that treats dermatological conditions, such as wrinkles, acne, fungal infections, rosacea, hyperpigmentation, photoaging, and psoriasis. One of the company’s popular products is RESTYLANE which is used to treat facial wrinkles. The company pays a yield of 0.9% and trades at 14 times forward earnings. Earnings for the latest quarter were down 21%, and revenues were up 10%. Gilead Sciences Inc. (GILD) doesn’t pay a yield but it has a forward price to earnings ratio of 8.8. The company develops and markets therapeutics for the treatment of such diseases as HIV, hepatitis B, fungal infections, and arterial hypertension. This Foster City, California based company also produces Tamiflu, which is an oral antiviral for the treatment and prevention of influenza A and B. Earnings for the latest quarter were up 4.8% on a 10.9% rise in revenues. WallStreetNewsNetwork.com has posted a free list of over 170 biotechnology stocks which shows the P/E, the forward P/E, the price to earnings growth ratio, and the yield. The list can be downloaded and sorted. Full Disclosure: The author did not own any of the above at the time the article was written. By Stockerblog.com
Gold & Silver Prices – Daily Outlook October 10
Gold and silver prices changed direction again and slightly slipped on the last
day of last week, after the U.S. non-farm employment report showed an increase
of 103k in employment during September. Currently, gold and silver prices are
traded up. The speculation around the European debt crisis continues to be high
with an update of the recent news on this issue herein. Today, the French and
Italian industrial production report will be published, and Japans current
account.
day of last week, after the U.S. non-farm employment report showed an increase
of 103k in employment during September. Currently, gold and silver prices are
traded up. The speculation around the European debt crisis continues to be high
with an update of the recent news on this issue herein. Today, the French and
Italian industrial production report will be published, and Japans current
account.
Todays DOW Jones Industrial Average DJIA Index DJX DJI, Nasdaq index ixic, S&P 500 Indexsp: inx; Stock Market Today’s Investing News
The primary index composites finished the last trading session in the red. The
Dow Jones Index DJIA closed out negative by .18 percent or negative 20.21 at
11,103.12 The Nasdaq index closed out the last trading session negative by 1.10
percent at 2,479.35. The S&P 500 index finished off red by .82 percent or
negative 9.51 points to close out at 1,155.46. Although the last trading session
saw the primary U.S. index composites fall back below break-even, stocks gained
on the week overall. The Dow Jones index finished the week higher overall by 1.7
percent. The Nasdaq closed out the week higher overall by 2.7 percent and the
S&P 500 closed out the week higher overall by 2.1 percent. Jobs data last week
was a bit better than expected, but the national unemployment rate still
remained at the 9.1 percent. The economy continues to struggle and the global
marketplace remains vulnerable. The ongoing debt crisis in the eurozone remains
a primary worry for many investors. A banking crisis on a global scale could
result if defaults on debt begin to materialize. For now, European leaders
remain focused on developing an action plan to minimize the debt crisis, but the
talks are unlikely to culminate in a complete resolution. The eurozone problems
should continue to pressure the marketplace on a global scale this week and for
weeks to come. The Bond Market will be closed for today in observation of
Columbus Day. No major reports are due to post Monday. Frank Matto
Dow Jones Index DJIA closed out negative by .18 percent or negative 20.21 at
11,103.12 The Nasdaq index closed out the last trading session negative by 1.10
percent at 2,479.35. The S&P 500 index finished off red by .82 percent or
negative 9.51 points to close out at 1,155.46. Although the last trading session
saw the primary U.S. index composites fall back below break-even, stocks gained
on the week overall. The Dow Jones index finished the week higher overall by 1.7
percent. The Nasdaq closed out the week higher overall by 2.7 percent and the
S&P 500 closed out the week higher overall by 2.1 percent. Jobs data last week
was a bit better than expected, but the national unemployment rate still
remained at the 9.1 percent. The economy continues to struggle and the global
marketplace remains vulnerable. The ongoing debt crisis in the eurozone remains
a primary worry for many investors. A banking crisis on a global scale could
result if defaults on debt begin to materialize. For now, European leaders
remain focused on developing an action plan to minimize the debt crisis, but the
talks are unlikely to culminate in a complete resolution. The eurozone problems
should continue to pressure the marketplace on a global scale this week and for
weeks to come. The Bond Market will be closed for today in observation of
Columbus Day. No major reports are due to post Monday. Frank Matto
Price of Gold per ounce; Silver price per ounce Spot gold per gram spot silver; Silvercorp MSN Stock Quotes Investing NYSE SVM
Gold and silver contracts finished the most recent trading session mixed. Gold
price per ounce rates were green while silver price per ounce rates were red.
December delivery gold closed out higher by .80 at 1654 per troy ounce. Silver
contract for December delivery closed out lower by .10 at 31.91 per troy ounce.
Both precious metal gold and silver contracts remain negative over the course of
the last 30 days. Silver, to a much greater degree. Prior to opening bell this
morning, the price of spot gold per gram and the price of spot silver per ounce
were trending in positive territory. Spot gold price per gram was green by .47
at 53.07 and the price of spot silver per ounce was green by .66 at 31.65.
Investors had the weekend to process the additional downgrades pertaining to the
sovereign debt in Italy and Spain. The euro dropped versus the dollar but the
safe haven appeal of precious metal gold and silver could be on the rise. A
solid silver miner, Silvercorp, finished the last trading session in the green
according to MSN Money stock quotes. Silvercorp Metal Inc. closed out in the
green on the NYSE last session. SVM closed out higher by 3.10 percent or plus
.26 at 8.66. Silvercorp bucks recent trends and closes out above breakeven for
the day. Camillo Zucari
price per ounce rates were green while silver price per ounce rates were red.
December delivery gold closed out higher by .80 at 1654 per troy ounce. Silver
contract for December delivery closed out lower by .10 at 31.91 per troy ounce.
Both precious metal gold and silver contracts remain negative over the course of
the last 30 days. Silver, to a much greater degree. Prior to opening bell this
morning, the price of spot gold per gram and the price of spot silver per ounce
were trending in positive territory. Spot gold price per gram was green by .47
at 53.07 and the price of spot silver per ounce was green by .66 at 31.65.
Investors had the weekend to process the additional downgrades pertaining to the
sovereign debt in Italy and Spain. The euro dropped versus the dollar but the
safe haven appeal of precious metal gold and silver could be on the rise. A
solid silver miner, Silvercorp, finished the last trading session in the green
according to MSN Money stock quotes. Silvercorp Metal Inc. closed out in the
green on the NYSE last session. SVM closed out higher by 3.10 percent or plus
.26 at 8.66. Silvercorp bucks recent trends and closes out above breakeven for
the day. Camillo Zucari
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