Precious metal contract gold prices moved higher during the last trading
session. The dollar dropped weaker to the euro and the British pound and this
gave global investors power to acquire gold and silver. Contract gold for
December delivery ended the last session higher by 1.30 percent to close out at
1682.60 per troy ounce. Silver contract for December delivery closed out higher
by 2.47 percent at 32.79 per troy ounce. Gold and silver shares moved higher
during the session yesterday. The initial half of the trading session was
beneficial for gold and silver share values as gold and silver values ultimately
finished the day in the green. Noteworthy gainers in the sector were Gold Fields
GFI and Pan American Silver PAAS. According to Google Stock Quotes, Gold Fields
closed out the last session higher by 1.96 percent or positive by .30 at 15.58.
Previous close for GFI was 15.28 according to Google Finance. Silver share
values bumped higher as well for certain equities. Pan American Silver Corp
closed out higher overall for the day. PAAS finished the trading session higher
by .18 percent or .05 at 28.57. Previous close for Pan American Silver Corp was
28.52. Gold and Silver prices have experienced corrections recently but gold and
silver prices rallied during the last session. Gold Fields and Pan American
Silver Corp. benefited as a result. Camillo Zucari
Wednesday, October 12, 2011
Todays Gold Price Per Ounce Spot Gold Price Per Gram; Silver Price Per Ounce Spot Silver Price Per Ounce
Precious metal gold and silver price per ounce rates moved in positive
territory during the last trading session in the U.S. The dollar lost ground to
a handful of other currencies and as a result, gold and silver acquisitions
increased. The dollar fell lower to the euro and the British pound. This action
made precious metal gold and silver acquisition more likely. The primary stock
indices all finished in the green as investor confidence ballooned upon hearing
positively skewed news pertaining to the European bailout planning. Gold and
silver prices benefited as well. Contract gold for December delivery closed out
the session higher by 1.30 percent or positive 21.60 at 1682.60 per troy ounce.
Silver contract for December delivery closed the last session higher by 2.47
percent or positive .79 at 32.79 per troy ounce. Spot gold prices and spot
silver prices were moving in positive territory after last session close. Spot
gold per gram was higher at this point by .70 at 54.10. Spot silver price per
ounce was higher by .74 at 32.74. Gold and silver prices are still negative over
the course of the last 30 days however. Gold prices were negative by 7.62
percent over this course of time, and silver prices were negative by 20.24
percent over this course of time. Camillo Zucari
territory during the last trading session in the U.S. The dollar lost ground to
a handful of other currencies and as a result, gold and silver acquisitions
increased. The dollar fell lower to the euro and the British pound. This action
made precious metal gold and silver acquisition more likely. The primary stock
indices all finished in the green as investor confidence ballooned upon hearing
positively skewed news pertaining to the European bailout planning. Gold and
silver prices benefited as well. Contract gold for December delivery closed out
the session higher by 1.30 percent or positive 21.60 at 1682.60 per troy ounce.
Silver contract for December delivery closed the last session higher by 2.47
percent or positive .79 at 32.79 per troy ounce. Spot gold prices and spot
silver prices were moving in positive territory after last session close. Spot
gold per gram was higher at this point by .70 at 54.10. Spot silver price per
ounce was higher by .74 at 32.74. Gold and silver prices are still negative over
the course of the last 30 days however. Gold prices were negative by 7.62
percent over this course of time, and silver prices were negative by 20.24
percent over this course of time. Camillo Zucari
Todays DJIA Dow Jones Index DJX DJI; IBM MSN Money Stock Quote Today Stock Market Nasdaq, S&P 500 Index News
The primary stock index composites pushed higher during the last trading
session in the U.S. Optimism was contagious as global indices, as well as the
stock indices in the U.S., found positive territory. European leaders are
striving to reach an agreement on an action plan to reduce the negative
ramifications relevant to default potentials in the eurozone. European stocks
finished their respective session strong last session and this positive action
spilled over into the U.S. marketplace. As the end of the trading session
finalized in the U.S., the primary index composites remained higher overall. The
Dow Jones Industrial Average closed the last session higher by .90 percent at
11,518.85. The Nasdaq closed out higher by .84 percent at 2,604.73. The S&P 500
finished the last trading session higher by .98 percent at 1,207.25. Stock
indices jumped higher during the initial half of the trading session but then
momentum decreased as the session approached close. The financial sector led the
way, but the rally was broad. October has been a relatively positive month
overall for stocks. The biggest Dow gainer year to date so far is International
Business Machines Company IBM. IBM is higher by 26.82 percent according to the
year to date status. Last session, IBM finished the day in the green by .61
percent to close the day at 186.12 according to MSN Money stock quotes. Frank
Matto
session in the U.S. Optimism was contagious as global indices, as well as the
stock indices in the U.S., found positive territory. European leaders are
striving to reach an agreement on an action plan to reduce the negative
ramifications relevant to default potentials in the eurozone. European stocks
finished their respective session strong last session and this positive action
spilled over into the U.S. marketplace. As the end of the trading session
finalized in the U.S., the primary index composites remained higher overall. The
Dow Jones Industrial Average closed the last session higher by .90 percent at
11,518.85. The Nasdaq closed out higher by .84 percent at 2,604.73. The S&P 500
finished the last trading session higher by .98 percent at 1,207.25. Stock
indices jumped higher during the initial half of the trading session but then
momentum decreased as the session approached close. The financial sector led the
way, but the rally was broad. October has been a relatively positive month
overall for stocks. The biggest Dow gainer year to date so far is International
Business Machines Company IBM. IBM is higher by 26.82 percent according to the
year to date status. Last session, IBM finished the day in the green by .61
percent to close the day at 186.12 according to MSN Money stock quotes. Frank
Matto
Gold Price Climbs, “Higher Trading Range Imminent”
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD PRICE NEWS – The gold price climbed $16.51, or 1.0%, to $1,678.76 per ounce Wednesday afternoon amid a broad-based rally on Wall Street.
Chinese Stock Market; China News and China Economy; China Airlines Stock NYSE MSN Money Stock Quotes; Hang Seng Index
XCSFDHG46767FHJHJF
dow2664 Markets in Asia were trending higher during the mid-point of their respective trading session. The Shanghai Composite was posting green as was the Hang Seng. As the halfway point of the Asian trading session approached, the Hang Seng and the Shanghai Composite were both moving in positive territory. Global stock indices have notched gains as investors are feeling more optimistic in light of the progressive talks posting relevant to the European debt crisis. Investor confidence received a boost as news broke earlier this week pertaining to the debt crisis action plan. European leaders have publicly discussed the importance of nailing down a definitive action plan to ameliorate the banking crisis in the eurozone. Debt default potentials lowered and as a result, investors felt more confident taking positions. In addition to this positively skewed news, the Chinese government has taken action to get its economy up and moving again. Leaders are moving to provide support for the major banks in the region and the hope is that this move will provide an additional sense of security for investors. So far, the composites are moving in positive territory for this day’s session. The Shanghai Composite was higher by .54 percent at 2,433.06 and the Hang Seng was higher by 1.63 percent at 18,628.48. China Airlines stock, CEA, moved into the green according to MSN Money Stock Quotes. CEA closed the last session higher by 9.29 percent at 18.36. Frank Matto
#Nautilus Minerals leading the world in developing potentially massive seafloor deposits of minerals
XCSFDHG46767FHJHJF
min2664 Tremendous exploration and production potential behind world's first seafloor copper/ gold project A Canadian-based company with a market capitalisation of approximately C$400 million, Nautilus is developing the world's first seafloor copper/ gold project at its Solwara 1 deposit in the Bismarck Sea of PNG. The deposit, which sits on the seafloor at a water depth of some 1600 metres, boasts a copper grade of approximately 7%, and more than 30% in some drill intercepts. That compares with land-based copper mines, where the copper grade today averages 0.6%. In addition, gold grades of well over 40 g/tonne have been recorded at Solwara 1. Over the past 10 years, Nautilus has been working steadily towards production, and now plans to begin extracting ore from the deposit in 2013. The current plan is for the ore then to be transported to treatment facilities for concentrating, and then smelting. Nautilus currently expects to be producing approximately 1.3 million tonnes of ore per year. The company recently completed a major exploration campaign aimed at increasing its resource base, with the results to be announced later this year. All necessary permits have been received, with the Mining Lease granted by the PNG Government in January, following the Environmental Permit award in December 2009. The PNG Government also has announced that it is fully behind the Solwara 1 project, and it has indicated it intends to acquire a 30% interest in the Solwara 1 project, contributing approximately $24 million for sunk costs to date, and funding its share of future capital expenditure. Nautilus Minerals is a sponsor of the 8 th annual Asia Mining Congress, happening in Singapore this coming 26 – 30 March. Join them and many other project owners looking for Asian capital at the conference. For more information, visit www.terrapinn.com/asiamining
Gold and Silver Renewed Their Rally –Daily Recap October 12
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices renewed their rally as they have inclined yesterday; crude oil prices moderately moved yesterday with no clear direction; natural gas prices also demonstrated a mixed trend with the future price (short term) sharply fell, while the spot price slightly increased. Here is a summary of the price movements of precious metals and energy commodities for October 12th: Precious Metals prices: Gold price sharply inclined yesterday by 1.30% to $1,682; Silver price, also added 2.47% to its value to reach $32.79. During October, gold price inclined by 3.7% and silver price increased by 9.0%.
Here’s a Bearish Trade to Get a Perk from a Slumping Coffee Maker
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace With today's gap higher, the S&P 500 Index is now up approximately 12.5% since bottoming in a volatile fashion on Oct. 4. While the recent surge has been sufficient to lift many broken stocks from the abyss, some still languish in downtrends. One such vulnerable stock that has formed a bear flag over the past week is Green Mountain Coffee Roasters ( NASDAQ : GMCR ). If weakness finally returns to the tape, this caffeinated stock may commence another sell-off. A high-probability bet worth considering is the sale of the GMCR Oct 100-105 bear-call spread for around a 45-cent credit. To enter the position, you would sell ("Sell to Open") the Oct 100 Call while at the same time buying ("Buy to Open") the Oct 105 Call. If GMCR remains below $100 by October expiration, you would capture the entire $45 profit. The max risk is $455, which you'd incur if GMCR rises above $105 by October expiration. If GMCR does power higher, I suggest closing the position on any break above $100. If the stock remains below $100, you can hold to expiration to capture the max profit or exit early once the majority of the gain has been realized. GMCR has earnings on Oct. 26, just a few trading days after these October options come off the board, so you'll be out of the position before its numbers hit the tape. At the time of this writing, Tyler Craig had no positions on GMCR.
Momentum Stocks of The Day: BBND, CDTI, USAK, GMR, KNXA, DANG, JNY, EDMC, SURG, IO (Oct 12, 2011)
Below are 10 momentum stocks that are attracting a lot of interest from
traders. One Chinese company (DANG) is on the list. BigBand Networks, Inc.
(NASDAQ:BBND) is the first best stock on this list. Its daily price change was
74.8% in the previous trading session. Its upside potential is -4% based on
brokerage analysts average target price of $2 on the stock. It is rated
positively by 0% of the 3 analyst(s) covering it. Its long-term annual earnings
growth is 21% based on analysts average estimate. Clean Diesel Technologies,
Inc. (NASDAQ:CDTI) is the 2nd best stock on this list. Its daily price change
was 30.0% in the previous trading session. Its upside potential is 133% based on
brokerage analysts average target price of $9 on the stock. It is rated
positively by 100% of the 1 analyst(s) covering it. Its long-term annual
earnings growth is 50% based on analysts average estimate. USA Truck, Inc.
(NASDAQ:USAK) is the 3rd best stock on this list. Its daily price change was
18.9% in the previous trading session. Its upside potential is 45% based on
brokerage analysts average target price of $14 on the stock. It is rated
positively by 80% of the 5 analyst(s) covering it. Its long-term annual earnings
growth is 205% based on analysts average estimate. General Maritime Corp
(NYSE:GMR) is the 4th best stock on this list. Its daily price change was 17.7%
in the previous trading session. Its upside potential is 154% based on brokerage
analysts average target price of $1 on the stock. It is rated positively by 14%
of the 14 analyst(s) covering it. Its long-term annual earnings growth is 5%
based on analysts average estimate. Kenexa Corporation (NASDAQ:KNXA) is the 5th
best stock on this list. Its daily price change was 11.7% in the previous
trading session. Its upside potential is 57% based on brokerage analysts average
target price of $30 on the stock. It is rated positively by 62% of the 13
analyst(s) covering it. Its long-term annual earnings growth is 19% based on
analysts average estimate. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is
the 6th best stock on this list. Its daily price change was 11.2% in the
previous trading session. Its upside potential is 99% based on brokerage
analysts average target price of $12 on the stock. It is rated positively by 27%
of the 11 analyst(s) covering it. Its long-term annual earnings growth is 59%
based on analysts average estimate. Jones Apparel Group, Inc. (NYSE:JNY) is the
7th best stock on this list. Its daily price change was 10.4% in the previous
trading session. Its upside potential is 39% based on brokerage analysts average
target price of $15 on the stock. It is rated positively by 43% of the 7
analyst(s) covering it. Its long-term annual earnings growth is 13% based on
analysts average estimate. Education Management Corp (NASDAQ:EDMC) is the 8th
best stock on this list. Its daily price change was 10.3% in the previous
trading session. Its upside potential is 18% based on brokerage analysts average
target price of $21 on the stock. It is rated positively by 29% of the 14
analyst(s) covering it. Its long-term annual earnings growth is 14% based on
analysts average estimate. Synergetics USA Inc. (NASDAQ:SURG) is the 9th best
stock on this list. Its daily price change was 10.0% in the previous trading
session. Its upside potential is 8% based on brokerage analysts average target
price of $7 on the stock. It is rated positively by 100% of the 5 analyst(s)
covering it. Its long-term annual earnings growth is 20% based on analysts
average estimate. ION Geophysical Corporation (NYSE:IO) is the 10th best stock
on this list. Its daily price change was 9.7% in the previous trading session.
Its upside potential is 96% based on brokerage analysts average target price of
$13 on the stock. It is rated positively by 60% of the 5 analyst(s) covering it.
Its long-term annual earnings growth is 82% based on analysts average estimate.
traders. One Chinese company (DANG) is on the list. BigBand Networks, Inc.
(NASDAQ:BBND) is the first best stock on this list. Its daily price change was
74.8% in the previous trading session. Its upside potential is -4% based on
brokerage analysts average target price of $2 on the stock. It is rated
positively by 0% of the 3 analyst(s) covering it. Its long-term annual earnings
growth is 21% based on analysts average estimate. Clean Diesel Technologies,
Inc. (NASDAQ:CDTI) is the 2nd best stock on this list. Its daily price change
was 30.0% in the previous trading session. Its upside potential is 133% based on
brokerage analysts average target price of $9 on the stock. It is rated
positively by 100% of the 1 analyst(s) covering it. Its long-term annual
earnings growth is 50% based on analysts average estimate. USA Truck, Inc.
(NASDAQ:USAK) is the 3rd best stock on this list. Its daily price change was
18.9% in the previous trading session. Its upside potential is 45% based on
brokerage analysts average target price of $14 on the stock. It is rated
positively by 80% of the 5 analyst(s) covering it. Its long-term annual earnings
growth is 205% based on analysts average estimate. General Maritime Corp
(NYSE:GMR) is the 4th best stock on this list. Its daily price change was 17.7%
in the previous trading session. Its upside potential is 154% based on brokerage
analysts average target price of $1 on the stock. It is rated positively by 14%
of the 14 analyst(s) covering it. Its long-term annual earnings growth is 5%
based on analysts average estimate. Kenexa Corporation (NASDAQ:KNXA) is the 5th
best stock on this list. Its daily price change was 11.7% in the previous
trading session. Its upside potential is 57% based on brokerage analysts average
target price of $30 on the stock. It is rated positively by 62% of the 13
analyst(s) covering it. Its long-term annual earnings growth is 19% based on
analysts average estimate. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is
the 6th best stock on this list. Its daily price change was 11.2% in the
previous trading session. Its upside potential is 99% based on brokerage
analysts average target price of $12 on the stock. It is rated positively by 27%
of the 11 analyst(s) covering it. Its long-term annual earnings growth is 59%
based on analysts average estimate. Jones Apparel Group, Inc. (NYSE:JNY) is the
7th best stock on this list. Its daily price change was 10.4% in the previous
trading session. Its upside potential is 39% based on brokerage analysts average
target price of $15 on the stock. It is rated positively by 43% of the 7
analyst(s) covering it. Its long-term annual earnings growth is 13% based on
analysts average estimate. Education Management Corp (NASDAQ:EDMC) is the 8th
best stock on this list. Its daily price change was 10.3% in the previous
trading session. Its upside potential is 18% based on brokerage analysts average
target price of $21 on the stock. It is rated positively by 29% of the 14
analyst(s) covering it. Its long-term annual earnings growth is 14% based on
analysts average estimate. Synergetics USA Inc. (NASDAQ:SURG) is the 9th best
stock on this list. Its daily price change was 10.0% in the previous trading
session. Its upside potential is 8% based on brokerage analysts average target
price of $7 on the stock. It is rated positively by 100% of the 5 analyst(s)
covering it. Its long-term annual earnings growth is 20% based on analysts
average estimate. ION Geophysical Corporation (NYSE:IO) is the 10th best stock
on this list. Its daily price change was 9.7% in the previous trading session.
Its upside potential is 96% based on brokerage analysts average target price of
$13 on the stock. It is rated positively by 60% of the 5 analyst(s) covering it.
Its long-term annual earnings growth is 82% based on analysts average estimate.
#Nautilus Minerals leading the world in developing potentially massive seafloor deposits of minerals
Tremendous exploration and production potential behind world's first seafloor
copper/gold project A Canadian-based company with a market capitalisation of
approximately C$400 million, Nautilus is developing the world's first seafloor
copper/gold project at its Solwara 1 deposit in the Bismarck Sea of PNG. The
deposit, which sits on the seafloor at a water depth of some 1600 metres, boasts
a copper grade of approximately 7%, and more than 30% in some drill intercepts.
That compares with land-based copper mines, where the copper grade today
averages 0.6%. In addition, gold grades of well over 40 g/tonne have been
recorded at Solwara 1. Over the past 10 years, Nautilus has been working
steadily towards production, and now plans to begin extracting ore from the
deposit in 2013. The current plan is for the ore then to be transported to
treatment facilities for concentrating, and then smelting. Nautilus currently
expects to be producing approximately 1.3 million tonnes of ore per year. The
company recently completed a major exploration campaign aimed at increasing its
resource base, with the results to be announced later this year. All necessary
permits have been received, with the Mining Lease granted by the PNG Government
in January, following the Environmental Permit award in December 2009. The PNG
Government also has announced that it is fully behind the Solwara 1 project, and
it has indicated it intends to acquire a 30% interest in the Solwara 1 project,
contributing approximately $24 million for sunk costs to date, and funding its
share of future capital expenditure. Nautilus Minerals is a sponsor of the 8 th
annual Asia Mining Congress, happening in Singapore this coming 26 – 30 March.
Join them and many other project owners looking for Asian capital at the
conference. For more information, visit www.terrapinn.com/asiamining
copper/gold project A Canadian-based company with a market capitalisation of
approximately C$400 million, Nautilus is developing the world's first seafloor
copper/gold project at its Solwara 1 deposit in the Bismarck Sea of PNG. The
deposit, which sits on the seafloor at a water depth of some 1600 metres, boasts
a copper grade of approximately 7%, and more than 30% in some drill intercepts.
That compares with land-based copper mines, where the copper grade today
averages 0.6%. In addition, gold grades of well over 40 g/tonne have been
recorded at Solwara 1. Over the past 10 years, Nautilus has been working
steadily towards production, and now plans to begin extracting ore from the
deposit in 2013. The current plan is for the ore then to be transported to
treatment facilities for concentrating, and then smelting. Nautilus currently
expects to be producing approximately 1.3 million tonnes of ore per year. The
company recently completed a major exploration campaign aimed at increasing its
resource base, with the results to be announced later this year. All necessary
permits have been received, with the Mining Lease granted by the PNG Government
in January, following the Environmental Permit award in December 2009. The PNG
Government also has announced that it is fully behind the Solwara 1 project, and
it has indicated it intends to acquire a 30% interest in the Solwara 1 project,
contributing approximately $24 million for sunk costs to date, and funding its
share of future capital expenditure. Nautilus Minerals is a sponsor of the 8 th
annual Asia Mining Congress, happening in Singapore this coming 26 – 30 March.
Join them and many other project owners looking for Asian capital at the
conference. For more information, visit www.terrapinn.com/asiamining
Gold and Silver Renewed Their Rally –Daily Recap October 12
Gold and silver prices renewed their rally as they have inclined yesterday;
crude oil prices moderately moved yesterday with no clear direction; natural gas
prices also demonstrated a mixed trend with the future price (short term)
sharply fell, while the spot price slightly increased. Here is a summary of the
price movements of precious metals and energy commodities for October 12th:
Precious Metals prices: Gold price sharply inclined yesterday by 1.30% to
$1,682; Silver price, also added 2.47% to its value to reach $32.79. During
October, gold price inclined by 3.7% and silver price increased by 9.0%.
crude oil prices moderately moved yesterday with no clear direction; natural gas
prices also demonstrated a mixed trend with the future price (short term)
sharply fell, while the spot price slightly increased. Here is a summary of the
price movements of precious metals and energy commodities for October 12th:
Precious Metals prices: Gold price sharply inclined yesterday by 1.30% to
$1,682; Silver price, also added 2.47% to its value to reach $32.79. During
October, gold price inclined by 3.7% and silver price increased by 9.0%.
5 Stocks Seeking Growth Through India
Guess who's moving into India? Howard Schultz and the rest of his Starbucks
(NASDAQ: SBUX ) team. Reuters reported Oct. 10 that Starbucks is finalizing a
joint-venture deal with Tata Coffee Limited to open coffee shops all across
India. Starbucks largest market in Asia currently is China, with 470 outlets
open and plans for 1,500 by 2015. India's not going to be nearly as easy to
conquer. China is a tea-drinking culture, so coffee-shilling Starbucks had
little competition when it first started opening stores there in 1998. India, on
the other hand, has an established coffee culture, dominated by Café Coffee
Day, whose 1,000 outlets dwarf anything Starbucks will be able to open in the
next few years. Nonetheless, the inroads Starbucks is making in emerging markets
are exactly what other large companies are hoping to accomplish. Here are five
publicly traded companies that, like Starbucks, are trying to put their stamp on
the Indian market. Wal-Mart The world's largest retailer unsuccessfully tried
for years to convince the Indian government to let it open retail stores in the
country. Undeterred, it entered a joint-venture partnership with Bharti
Enterprises a company controlled by the powerful Mittal family to sell goods
under the name "Best Price Modern Wholesale" to retailers and other
businesses in the country. Raj Jain, Chief Executive of Bharti Walmart, believes
it will have a leading position in India's wholesale market by the end of
2013, when it's expected to have at least 12 stores open each averaging
between 50,000 and 100,000 square feet. The Indian government said recently that
it might be willing to let foreign retailers open stores directly, eliminating
the need to go wholesale. Regardless of what happens, Wal-Mart is likely to keep
its wholesale operations open, as the company has done so in other foreign
markets, such as Brazil, Mexico, Guatemala and China. Ford/General Motors
Let's get something straight. India isn't China. From January 2011 to
September 2011, General Motors (NYSE: GM ) sold 1.9 million vehicles in China
and Ford (NYSE: F ) 386,000. Both companies are spending billions of dollars in
China. India spending, on the other hand, is in the hundreds of millions, and
the sales volumes show it. The good news is that Ford and GM had volume
increases year over year of 9.5% and 17.4%, respectively, in September.
Unfortunately, that's not likely to last. In late July, General Motors India
reduced its 2011 vehicle sales from 160,000 to 140,000 because of continually
rising interest rates and fuel costs that are making car ownership prohibitive
for many. Ford's experience surely is no different, and it should see a big
slowdown in the final three months of the year. However, despite a slowing
market, Ford's car sales in 2011 should break the 100,000 mark for the year.
It might not be China, but Indias large population will continue to be a
tempting target both car companies.
(NASDAQ: SBUX ) team. Reuters reported Oct. 10 that Starbucks is finalizing a
joint-venture deal with Tata Coffee Limited to open coffee shops all across
India. Starbucks largest market in Asia currently is China, with 470 outlets
open and plans for 1,500 by 2015. India's not going to be nearly as easy to
conquer. China is a tea-drinking culture, so coffee-shilling Starbucks had
little competition when it first started opening stores there in 1998. India, on
the other hand, has an established coffee culture, dominated by Café Coffee
Day, whose 1,000 outlets dwarf anything Starbucks will be able to open in the
next few years. Nonetheless, the inroads Starbucks is making in emerging markets
are exactly what other large companies are hoping to accomplish. Here are five
publicly traded companies that, like Starbucks, are trying to put their stamp on
the Indian market. Wal-Mart The world's largest retailer unsuccessfully tried
for years to convince the Indian government to let it open retail stores in the
country. Undeterred, it entered a joint-venture partnership with Bharti
Enterprises a company controlled by the powerful Mittal family to sell goods
under the name "Best Price Modern Wholesale" to retailers and other
businesses in the country. Raj Jain, Chief Executive of Bharti Walmart, believes
it will have a leading position in India's wholesale market by the end of
2013, when it's expected to have at least 12 stores open each averaging
between 50,000 and 100,000 square feet. The Indian government said recently that
it might be willing to let foreign retailers open stores directly, eliminating
the need to go wholesale. Regardless of what happens, Wal-Mart is likely to keep
its wholesale operations open, as the company has done so in other foreign
markets, such as Brazil, Mexico, Guatemala and China. Ford/General Motors
Let's get something straight. India isn't China. From January 2011 to
September 2011, General Motors (NYSE: GM ) sold 1.9 million vehicles in China
and Ford (NYSE: F ) 386,000. Both companies are spending billions of dollars in
China. India spending, on the other hand, is in the hundreds of millions, and
the sales volumes show it. The good news is that Ford and GM had volume
increases year over year of 9.5% and 17.4%, respectively, in September.
Unfortunately, that's not likely to last. In late July, General Motors India
reduced its 2011 vehicle sales from 160,000 to 140,000 because of continually
rising interest rates and fuel costs that are making car ownership prohibitive
for many. Ford's experience surely is no different, and it should see a big
slowdown in the final three months of the year. However, despite a slowing
market, Ford's car sales in 2011 should break the 100,000 mark for the year.
It might not be China, but Indias large population will continue to be a
tempting target both car companies.
Brand-Nameless Fashion — Wednesday’s IP Market Recap
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Liz Claiborne Inc. (NYSE: LIZ ) might live to fight another day, but it's going to do so without … well, Liz Claiborne. The fashion retailer dropped a bomb Wednesday when it announced it would be selling off several brands — including the Liz Claiborne name itself — to turn around a struggling business that had seen annual revenue slashed from 2006 through 2010. The stock saw its first sign of aggressive life in more than a month, jumping 34% to end the day at $6.84 and regaining almost all of the 25% loss LIZ suffered during the past 12 months. Liz Claiborne Inc. will retain such high-end brands as Juicy Couture, which sells everything from dresses to sleepwear to jewelry; Lucky Brand, known for its $100 jeans; and kate spade, which sells luxury handbags among other fashionable clothing and accessories. Also making headway toward prices from better times was LinkedIn (NYSE: LNKD ), the professional social media site that publicly offered in May. LNKD gained almost 10% on Wednesday a day after the company acquired enterprise search engine IndexTank — which was less than a week removed from its purchase of software maker Connected. LinkedIn — which is becoming increasingly attractive to Indian workers — finished the day at $82.36. The company hasn't ended a trading day that high in almost a month, but LNKD shares still are about 12% shy of their IPO value. Three Up Sprint Nextel (NYSE: S ): Up 7.98% (19 cents) to $2.57. Royal Caribbean Cruises (NYSE: RCL ): Up 6.62% ($1.56) to $25.12. Melco Crown Entertainment ( NASDAQ : MPEL ): Up 6.49% (67 cents) to $11. Three Down Buckle (NYSE: BKE ): Down 9.04% ($4.08) to $41.06. Western Digital Corp. (NYSE: WDC ): Down 4.61% ($1.33) to $27.55. Alcoa Inc. (NYSE: AA ): Down 2.43% (25 cents) to $10.05. As of this writing, Kyle Woodley did not own a position in any of the aforementioned stocks.
The Gold Price Closed Up at $1,681.30 Must Hold Above $1,655
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1681.30 Change : 21.60 or 1.3% Silver Price Close Today : 32.754 Change : 0.790 or 2.5% Gold Silver Ratio Today : 51.33 Change : -0.593 or -1.1% Silver Gold Ratio Today : 0.01948 Change : 0.000222 or 1.2% Platinum Price Close Today : 1555.00 Change : 28.00 or 1.8% Palladium Price Close Today : 612.00 Change : 6.00 or 1.0% S&P 500 : 1,207.25 Change : 11.71 or 1.0% Dow In GOLD$ : $141.63 Change : $ (0.55) or -0.4% Dow in GOLD oz : 6.851 Change : -0.027 or -0.4% Dow in SILVER oz : 351.68 Change : -5.48 or -1.5% Dow Industrial : 11,518.85 Change : 102.55 or 0.9% US Dollar Index : 77.00 Change : -0.590 or -0.8% The GOLD PRICE and SILVER PRICE confounded me today once again. I was interpreting yesterday as gold’s third failure to pierce $1,675, but today it closed Comex at $1,681.30, up $21.60. I ain’t nothing but a natural born fool no way, so I got no reputation to protect. Still, that little hook up to $1,681 just looks like a sidlin’ move from Monday and Tuesday, and not a determined rise. Tomorrow gold will prove me clean wrong if it trades up to $1,700. A break thru $1,655 will drag gold down like concrete overshoes on a New York gangster. Even if the GOLD PRICE breaks upside tomorrow and reaches $1,700 or $1,725, I will still be suspecting it’s no more than a rally in a correction. A close over $1,775 would slap my jaws and prove me wrong. The SILVER PRICE stole another 79 cents on Comex to close at 3275.4c, breaking that pesky 3250c resistance. The 20 dma stands slightly higher, at 3357c, and crossing above that would turn silver up, if only temporarily. SILVER could trade clean up to 3950c and still not prove it’s going higher. But the MACD indicator says silver will move higher for a while, so it probably will climb for a few days. Big question that the SILVER PRICE and GOLD PRICE will answer here is, Have they made their lows for the correction? This rally will tells, either by shooting moon-ward or climbing and falling back. Ours is an Age of Illusion in which we elect actors as presidents and governors and pretend they can rule. Appearance is all, reality nothing. But appearance can kill you. Doesn’t matter whether a fire really is blazing in the crowded theater, if a little smoke sends the crowd stampeding out, they can still run over you and kill you. So markets today run on illusion. The illusion’s effect is further amplified many-fold by the huge degree of leverage available in every market. In gold futures, for instance, you put up about 6.25 cents to control a dollar’s worth of gold — your 6.25 cents controls 16 times its value, the illusion of wealth. I seek to pinpoint why Our Age so frustrates rational and realistic people, namely, illusion overpowers reality and reason everywhere. Thus a rational and realistic bank examiner would slap his briefcase together, put his fountain pen in his pocket, stand up, brush the bank’s dust off his feet, and leave to report that the European and American banks are a hopeless case, dead on arrival. But the banks own the illusionists we call “government officials,” and those worthies are constantly creating the illusion that somehow or other, the banks and the financial system will all muddle thru, if we hoi polloi will only suck up our guts, tighten our belts, and pay for the bailouts. Which brings me to Europe and its basket case. EC President Jose Barroso, who resembles a very worried toad, called for reinforcing (a.k.a, bailing out) the banks, paying out the 6th loan to Greece (altho Greece admits it can’t meet the criteria), and a fast start for the permanent rescue fund (sovereign debt bail out fund or “bucket”). Meanwhile, Slovakian legislators, urged no doubt by muffled phone calls explaining how likely they were to jump out of windows spontaneously if they didn’t change their votes, agreed to vote again on supporting the euro bailout fund, and get it right this time, after they failed to approve it yesterday. Now y’all bear in mind that none of this offers a genuine, effective solution to the crisis. It’s all feckless illusion. On the basis of these Illusionists’ performance, the Stock Market Illusion jumped today, along with the euro. Stocks did not overnight somehow secure a more profitable outlook, the euro was not backed by gold or goats or fava beans. Nothing changed but the illusion, but Ahhh! That was enough. Have y’all ever seen that movie, Lars and the Real Girl? This fellow orders a life-sized blow-up doll then walks her around town introducing her as his new girlfriend. Everybody, even his family, plays along. Folks in his church throw a birthday party for her. Even have a funeral for her near the movie’s end. Happens right there in Minnesota. They ought to make a sequel, Ben and the Real Economy. STOCKS rose 102.55 or 0.9% to 11,518.85. S&P500 rose 11.71 or 0.98% to 1,207.25. The Dow has now climbed thru its 20 day moving average (11,135) and 50 dma (11,204) and crossed above the bottom jaw of the Jaws of Death topping formation. 200 DMA, a possible target, stands at 11,968, which roughly coincides with support/resistance about 11,860. If the Dow can pierce that 11,860 and the S&P500 the 1,250 level, stocks could rally to 12,750. I doubt that, but if stocks don’t crumble at that resistance, it’s possible. More likely is that the mad-dog leveraged traders are driving the move by the latest wave of illusion/optimism out of Europe, and their manic-depressive mood will swing again on the next bad news. All this holds true, too, for the Franken-currency, the euro. Off the 1.3164 bottom it has risen to close at 1.3787 today, up on the day 1.03%, and at the bottom of the trading range (May-September) it broke down from. In making this leap it has left two gaps behind so it looks like a strong runaway move, but I’ve learned to distrust the euro’s gaps some what. It left them on the way down too, and thru the summer. They run a little way, then fizz out. BICBW, and if the euro crashes thru the resistance at the bottom of the channel, call it 1.3950, it might rise to 1.4000. Go ahead, Illusion-eaters! Y’all buy a bunch of ‘em. Y’all might get rich doing it, or you might just pick your own pocket. Me, I wouldn’t buy euros with stolen money, recalling that this rally only marks a 50% retracement of the fall. The yen dropped today 0.76% to 129.46c/Y100 (Y77.26=$1), a big fall that sank it beneath the 20 dma (130.41) but still rides atop the downtrend line from August. Breaking, but not broke. US dollar index today lost 59 basis points and is now trading at 76.995. This remains within the range of a normal correction, and stubborn fool that I am, I still expect a costlier dollar. 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.
5 Option Trades to Keep You ‘Covered’
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace This market has been tough to navigate, to say the least. After all, it's not easy to watch your stocks gain 5% one day and give back 6% the next. It's even more challenging for options traders, who may get stopped out of a promising trade at a 30% or 50% loss, only to see those options recover later that same day … which would have been great if only they were still in their positions! As options traders, we typically benefit from volatility. But although there are nice returns to be made during periods of uncertainty, many option strategies are not suitable or just don't make sense in choppy markets like we're experiencing now. However, if you're seeking some safety, and/or looking to make some income from the stocks you own or want to own, there's one option strategy that makes perfect sense in any market: the covered call. A covered call is when you buy, or already own, stock and at the same time sell call options against your long shares. It's like collecting a reward for holding shares long; selling calls against your stocks puts money in your pocket instantly and can be done every week (or month, if your stock offers weekly options). Another benefit of a covered call is that it is like purchasing the stock at a discount rate. The credit received from the short call offsets the purchase price of the shares of stock. In essence, the short call lowers the breakeven point on the trade. This is especially beneficial if the stock drops in price, which is prone to happen in an up-and-down market. Today our OptionsZone experts have five powerful covered call trades that you can make right away. Let’s take a look at them now. Trade #1 — Visa Recommended by John Kmiecik , MarketTaker.com Visa Inc. (NYSE: V ) looks like very viable covered-call candidate right now. Many of us are quite aware that the company provides payment solutions for the credit and debit programs of financial institutions. The company is currently very sound fundamentally, which is good if you own, or want to own, the shares. The stock has recently broken out of a downtrend and is now trading above the daily 8-, 20- and 200-day moving averages, which can be construed as a bullish sign. Visa has some support at the $88 level, which it is trading just above right now. The stock should have some trouble falling and staying below that level as long as the market does not become extremely bearish. The stock has resistance in the $93 area, which makes for a legitimate short-term target. The company is expected to announce earnings on Oct. 26. In this case, choosing an option with October expiration date is a good strategy, because the options will expire before the earnings date and you'll be able to avoid the uncertainty of the sometimes-volatile announcement. Here’s the setup: V: $90.51 Example: Buy 100 shares of V @ $90.51 and sell 1 Oct 92.50 Call @ 1.00 Cost of the stock: 100 X $90.51 = $9,051 debit Premium received: 100 X $1.00 = $100 credit Maximum profit: $299 — that's $199 ($92.50 – $90.51 X 100) from the stock and $100 from the premium received if V finishes at or above $92.50 @ October expiration. Breakeven: If V finishes at $89.51 ($90.51 – 1.00) @ October expiration. Maximum loss: $8,951, which occurs in the unlikely event that V goes to $0 @ October expiration. Trade Management The main objective for a covered call strategy is for the stock to just rise up to the sold call's strike price, which in this case is $92.50. The stock moves up the maximum amount without being called away and the sold call expires worthless. If the stock drops in price more than was anticipated, it might make sense to close out the entire trade (stock and short call) to avoid further losses. Be careful and trade smart! Trade #2 — Citigroup Recommended by: Chris Johnson & John Lewis , Editors, The Winning Edge Citigroup (NYSE: C ) has been a beleaguered stock.
Top 10 Telecom Services Stocks with Highest Upside: CLWR, GRRF, FRP, BCOM, IDT, SHEN, NQ, IRDM, RRST, NTL (Oct 12, 2011)
Below are the top 10 Telecom Services stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. Two Chinese companies (GRRF, NQ) are on the list. Clearwire
Corporation (NASDAQ:CLWR) has the 1st highest upside potential in this segment
of the market. Its upside is 502.2%. Its consensus target price is $7.71 based
on the average of all estimates. China GrenTech Corporation Limited (ADR)
(NASDAQ:GRRF) has the 2nd highest upside potential in this segment of the
market. Its upside is 280.4%. Its consensus target price is $7.00 based on the
average of all estimates. Fairpoint Communications, Inc. (NASDAQ:FRP) has the
3rd highest upside potential in this segment of the market. Its upside is
258.4%. Its consensus target price is $21.00 based on the average of all
estimates. B Communications Ltd (NASDAQ:BCOM) has the 4th highest upside
potential in this segment of the market. Its upside is 142.7%. Its consensus
target price is $39.31 based on the average of all estimates. IDT Corporation
(NYSE:IDT) has the 5th highest upside potential in this segment of the market.
Its upside is 138.0%. Its consensus target price is $40.50 based on the average
of all estimates. Shenandoah Telecommunications Company (NASDAQ:SHEN) has the
6th highest upside potential in this segment of the market. Its upside is
121.9%. Its consensus target price is $25.50 based on the average of all
estimates. NetQin Mobile Inc (NYSE:NQ) has the 7th highest upside potential in
this segment of the market. Its upside is 119.3%. Its consensus target price is
$10.00 based on the average of all estimates. Iridium Communications Inc.
(NASDAQ:IRDM) has the 8th highest upside potential in this segment of the
market. Its upside is 104.8%. Its consensus target price is $12.25 based on the
average of all estimates. RRSat Global Communications Network Ltd. (NASDAQ:RRST)
has the 9th highest upside potential in this segment of the market. Its upside
is 104.8%. Its consensus target price is $11.00 based on the average of all
estimates. Nortel Inversora S.A. (ADR) (NYSE:NTL) has the 10th highest upside
potential in this segment of the market. Its upside is 98.9%. Its consensus
target price is $43.00 based on the average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. Two Chinese companies (GRRF, NQ) are on the list. Clearwire
Corporation (NASDAQ:CLWR) has the 1st highest upside potential in this segment
of the market. Its upside is 502.2%. Its consensus target price is $7.71 based
on the average of all estimates. China GrenTech Corporation Limited (ADR)
(NASDAQ:GRRF) has the 2nd highest upside potential in this segment of the
market. Its upside is 280.4%. Its consensus target price is $7.00 based on the
average of all estimates. Fairpoint Communications, Inc. (NASDAQ:FRP) has the
3rd highest upside potential in this segment of the market. Its upside is
258.4%. Its consensus target price is $21.00 based on the average of all
estimates. B Communications Ltd (NASDAQ:BCOM) has the 4th highest upside
potential in this segment of the market. Its upside is 142.7%. Its consensus
target price is $39.31 based on the average of all estimates. IDT Corporation
(NYSE:IDT) has the 5th highest upside potential in this segment of the market.
Its upside is 138.0%. Its consensus target price is $40.50 based on the average
of all estimates. Shenandoah Telecommunications Company (NASDAQ:SHEN) has the
6th highest upside potential in this segment of the market. Its upside is
121.9%. Its consensus target price is $25.50 based on the average of all
estimates. NetQin Mobile Inc (NYSE:NQ) has the 7th highest upside potential in
this segment of the market. Its upside is 119.3%. Its consensus target price is
$10.00 based on the average of all estimates. Iridium Communications Inc.
(NASDAQ:IRDM) has the 8th highest upside potential in this segment of the
market. Its upside is 104.8%. Its consensus target price is $12.25 based on the
average of all estimates. RRSat Global Communications Network Ltd. (NASDAQ:RRST)
has the 9th highest upside potential in this segment of the market. Its upside
is 104.8%. Its consensus target price is $11.00 based on the average of all
estimates. Nortel Inversora S.A. (ADR) (NYSE:NTL) has the 10th highest upside
potential in this segment of the market. Its upside is 98.9%. Its consensus
target price is $43.00 based on the average of all estimates.
The Gold Price Closed Up at $1,681.30 Must Hold Above $1,655
Gold Price Close Today : 1681.30 Change : 21.60 or 1.3% Silver Price Close
Today : 32.754 Change : 0.790 or 2.5% Gold Silver Ratio Today : 51.33 Change :
-0.593 or -1.1% Silver Gold Ratio Today : 0.01948 Change : 0.000222 or 1.2%
Platinum Price Close Today : 1555.00 Change : 28.00 or 1.8% Palladium Price
Close Today : 612.00 Change : 6.00 or 1.0% S&P 500 : 1,207.25 Change : 11.71 or
1.0% Dow In GOLD$ : $141.63 Change : $ (0.55) or -0.4% Dow in GOLD oz : 6.851
Change : -0.027 or -0.4% Dow in SILVER oz : 351.68 Change : -5.48 or -1.5% Dow
Industrial : 11,518.85 Change : 102.55 or 0.9% US Dollar Index : 77.00 Change :
-0.590 or -0.8% The GOLD PRICE and SILVER PRICE confounded me today once again.
I was interpreting yesterday as gold's third failure to pierce $1,675, but today
it closed Comex at $1,681.30, up $21.60. I ain't nothing but a natural born fool
no way, so I got no reputation to protect. Still, that little hook up to $1,681
just looks like a sidlin' move from Monday and Tuesday, and not a determined
rise. Tomorrow gold will prove me clean wrong if it trades up to $1,700. A break
thru $1,655 will drag gold down like concrete overshoes on a New York gangster.
Even if the GOLD PRICE breaks upside tomorrow and reaches $1,700 or $1,725, I
will still be suspecting it's no more than a rally in a correction. A close over
$1,775 would slap my jaws and prove me wrong. The SILVER PRICE stole another 79
cents on Comex to close at 3275.4c, breaking that pesky 3250c resistance. The 20
dma stands slightly higher, at 3357c, and crossing above that would turn silver
up, if only temporarily. SILVER could trade clean up to 3950c and still not
prove it's going higher. But the MACD indicator says silver will move higher for
a while, so it probably will climb for a few days. Big question that the SILVER
PRICE and GOLD PRICE will answer here is, Have they made their lows for the
correction? This rally will tells, either by shooting moon-ward or climbing and
falling back. Ours is an Age of Illusion in which we elect actors as presidents
and governors and pretend they can rule. Appearance is all, reality nothing. But
appearance can kill you. Doesn't matter whether a fire really is blazing in the
crowded theater, if a little smoke sends the crowd stampeding out, they can
still run over you and kill you. So markets today run on illusion. The
illusion's effect is further amplified many-fold by the huge degree of leverage
available in every market. In gold futures, for instance, you put up about 6.25
cents to control a dollar's worth of gold -- your 6.25 cents controls 16 times
its value, the illusion of wealth. I seek to pinpoint why Our Age so frustrates
rational and realistic people, namely, illusion overpowers reality and reason
everywhere. Thus a rational and realistic bank examiner would slap his briefcase
together, put his fountain pen in his pocket, stand up, brush the bank's dust
off his feet, and leave to report that the European and American banks are a
hopeless case, dead on arrival. But the banks own the illusionists we call
"government officials," and those worthies are constantly creating the illusion
that somehow or other, the banks and the financial system will all muddle thru,
if we hoi polloi will only suck up our guts, tighten our belts, and pay for the
bailouts. Which brings me to Europe and its basket case. EC President Jose
Barroso, who resembles a very worried toad, called for reinforcing (a.k.a,
bailing out) the banks, paying out the 6th loan to Greece (altho Greece admits
it can't meet the criteria), and a fast start for the permanent rescue fund
(sovereign debt bail out fund or "bucket"). Meanwhile, Slovakian legislators,
urged no doubt by muffled phone calls explaining how likely they were to jump
out of windows spontaneously if they didn't change their votes, agreed to vote
again on supporting the euro bailout fund, and get it right this time, after
they failed to approve it yesterday. Now y'all bear in mind that none of this
offers a genuine, effective solution to the crisis. It's all feckless illusion.
On the basis of these Illusionists' performance, the Stock Market Illusion
jumped today, along with the euro. Stocks did not overnight somehow secure a
more profitable outlook, the euro was not backed by gold or goats or fava beans.
Nothing changed but the illusion, but Ahhh! That was enough. Have y'all ever
seen that movie, Lars and the Real Girl? This fellow orders a life-sized blow-up
doll then walks her around town introducing her as his new girlfriend.
Everybody, even his family, plays along. Folks in his church throw a birthday
party for her. Even have a funeral for her near the movie's end. Happens right
there in Minnesota. They ought to make a sequel, Ben and the Real Economy.
STOCKS rose 102.55 or 0.9% to 11,518.85. S&P500 rose 11.71 or 0.98% to 1,207.25.
The Dow has now climbed thru its 20 day moving average (11,135) and 50 dma
(11,204) and crossed above the bottom jaw of the Jaws of Death topping
formation. 200 DMA, a possible target, stands at 11,968, which roughly coincides
with support/resistance about 11,860. If the Dow can pierce that 11,860 and the
S&P500 the 1,250 level, stocks could rally to 12,750. I doubt that, but if
stocks don't crumble at that resistance, it's possible. More likely is that the
mad-dog leveraged traders are driving the move by the latest wave of
illusion/optimism out of Europe, and their manic-depressive mood will swing
again on the next bad news. All this holds true, too, for the Franken-currency,
the euro. Off the 1.3164 bottom it has risen to close at 1.3787 today, up on the
day 1.03%, and at the bottom of the trading range (May-September) it broke down
from. In making this leap it has left two gaps behind so it looks like a strong
runaway move, but I've learned to distrust the euro's gaps some what. It left
them on the way down too, and thru the summer. They run a little way, then fizz
out. BICBW, and if the euro crashes thru the resistance at the bottom of the
channel, call it 1.3950, it might rise to 1.4000. Go ahead, Illusion-eaters!
Y'all buy a bunch of 'em. Y'all might get rich doing it, or you might just pick
your own pocket. Me, I wouldn't buy euros with stolen money, recalling that this
rally only marks a 50% retracement of the fall. The yen dropped today 0.76% to
129.46c/Y100 (Y77.26=$1), a big fall that sank it beneath the 20 dma (130.41)
but still rides atop the downtrend line from August. Breaking, but not broke. US
dollar index today lost 59 basis points and is now trading at 76.995. This
remains within the range of a normal correction, and stubborn fool that I am, I
still expect a costlier dollar. 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$-denominated assets, primary trend down; real estate in
a bubble, primary trend way down. Whenever I write "Stay out of stocks" readers
inevitably ask, "Do you mean precious metals mining stocks, too?" No, I don't.
WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to
trade futures contracts. I don't intend them for that or write them with that
short term trading outlook. I write them for long-term investors in physical
metals. Take them as entertainment, but not as a timing service for futures. NOR
do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those
are NOT physical metal and I fear one day one or another may go up in smoke.
Unless you can breathe smoke, stay away. Call me paranoid, but the surviving
rabbit is wary of traps. NOR do I recommend trading futures options or other
leveraged paper gold and silver products. These are not for the inexperienced.
NOR do I recommend buying gold and silver on margin or with debt. What DO I
recommend? Physical gold and silver coins and bars in your own hands. One final
warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 32.754 Change : 0.790 or 2.5% Gold Silver Ratio Today : 51.33 Change :
-0.593 or -1.1% Silver Gold Ratio Today : 0.01948 Change : 0.000222 or 1.2%
Platinum Price Close Today : 1555.00 Change : 28.00 or 1.8% Palladium Price
Close Today : 612.00 Change : 6.00 or 1.0% S&P 500 : 1,207.25 Change : 11.71 or
1.0% Dow In GOLD$ : $141.63 Change : $ (0.55) or -0.4% Dow in GOLD oz : 6.851
Change : -0.027 or -0.4% Dow in SILVER oz : 351.68 Change : -5.48 or -1.5% Dow
Industrial : 11,518.85 Change : 102.55 or 0.9% US Dollar Index : 77.00 Change :
-0.590 or -0.8% The GOLD PRICE and SILVER PRICE confounded me today once again.
I was interpreting yesterday as gold's third failure to pierce $1,675, but today
it closed Comex at $1,681.30, up $21.60. I ain't nothing but a natural born fool
no way, so I got no reputation to protect. Still, that little hook up to $1,681
just looks like a sidlin' move from Monday and Tuesday, and not a determined
rise. Tomorrow gold will prove me clean wrong if it trades up to $1,700. A break
thru $1,655 will drag gold down like concrete overshoes on a New York gangster.
Even if the GOLD PRICE breaks upside tomorrow and reaches $1,700 or $1,725, I
will still be suspecting it's no more than a rally in a correction. A close over
$1,775 would slap my jaws and prove me wrong. The SILVER PRICE stole another 79
cents on Comex to close at 3275.4c, breaking that pesky 3250c resistance. The 20
dma stands slightly higher, at 3357c, and crossing above that would turn silver
up, if only temporarily. SILVER could trade clean up to 3950c and still not
prove it's going higher. But the MACD indicator says silver will move higher for
a while, so it probably will climb for a few days. Big question that the SILVER
PRICE and GOLD PRICE will answer here is, Have they made their lows for the
correction? This rally will tells, either by shooting moon-ward or climbing and
falling back. Ours is an Age of Illusion in which we elect actors as presidents
and governors and pretend they can rule. Appearance is all, reality nothing. But
appearance can kill you. Doesn't matter whether a fire really is blazing in the
crowded theater, if a little smoke sends the crowd stampeding out, they can
still run over you and kill you. So markets today run on illusion. The
illusion's effect is further amplified many-fold by the huge degree of leverage
available in every market. In gold futures, for instance, you put up about 6.25
cents to control a dollar's worth of gold -- your 6.25 cents controls 16 times
its value, the illusion of wealth. I seek to pinpoint why Our Age so frustrates
rational and realistic people, namely, illusion overpowers reality and reason
everywhere. Thus a rational and realistic bank examiner would slap his briefcase
together, put his fountain pen in his pocket, stand up, brush the bank's dust
off his feet, and leave to report that the European and American banks are a
hopeless case, dead on arrival. But the banks own the illusionists we call
"government officials," and those worthies are constantly creating the illusion
that somehow or other, the banks and the financial system will all muddle thru,
if we hoi polloi will only suck up our guts, tighten our belts, and pay for the
bailouts. Which brings me to Europe and its basket case. EC President Jose
Barroso, who resembles a very worried toad, called for reinforcing (a.k.a,
bailing out) the banks, paying out the 6th loan to Greece (altho Greece admits
it can't meet the criteria), and a fast start for the permanent rescue fund
(sovereign debt bail out fund or "bucket"). Meanwhile, Slovakian legislators,
urged no doubt by muffled phone calls explaining how likely they were to jump
out of windows spontaneously if they didn't change their votes, agreed to vote
again on supporting the euro bailout fund, and get it right this time, after
they failed to approve it yesterday. Now y'all bear in mind that none of this
offers a genuine, effective solution to the crisis. It's all feckless illusion.
On the basis of these Illusionists' performance, the Stock Market Illusion
jumped today, along with the euro. Stocks did not overnight somehow secure a
more profitable outlook, the euro was not backed by gold or goats or fava beans.
Nothing changed but the illusion, but Ahhh! That was enough. Have y'all ever
seen that movie, Lars and the Real Girl? This fellow orders a life-sized blow-up
doll then walks her around town introducing her as his new girlfriend.
Everybody, even his family, plays along. Folks in his church throw a birthday
party for her. Even have a funeral for her near the movie's end. Happens right
there in Minnesota. They ought to make a sequel, Ben and the Real Economy.
STOCKS rose 102.55 or 0.9% to 11,518.85. S&P500 rose 11.71 or 0.98% to 1,207.25.
The Dow has now climbed thru its 20 day moving average (11,135) and 50 dma
(11,204) and crossed above the bottom jaw of the Jaws of Death topping
formation. 200 DMA, a possible target, stands at 11,968, which roughly coincides
with support/resistance about 11,860. If the Dow can pierce that 11,860 and the
S&P500 the 1,250 level, stocks could rally to 12,750. I doubt that, but if
stocks don't crumble at that resistance, it's possible. More likely is that the
mad-dog leveraged traders are driving the move by the latest wave of
illusion/optimism out of Europe, and their manic-depressive mood will swing
again on the next bad news. All this holds true, too, for the Franken-currency,
the euro. Off the 1.3164 bottom it has risen to close at 1.3787 today, up on the
day 1.03%, and at the bottom of the trading range (May-September) it broke down
from. In making this leap it has left two gaps behind so it looks like a strong
runaway move, but I've learned to distrust the euro's gaps some what. It left
them on the way down too, and thru the summer. They run a little way, then fizz
out. BICBW, and if the euro crashes thru the resistance at the bottom of the
channel, call it 1.3950, it might rise to 1.4000. Go ahead, Illusion-eaters!
Y'all buy a bunch of 'em. Y'all might get rich doing it, or you might just pick
your own pocket. Me, I wouldn't buy euros with stolen money, recalling that this
rally only marks a 50% retracement of the fall. The yen dropped today 0.76% to
129.46c/Y100 (Y77.26=$1), a big fall that sank it beneath the 20 dma (130.41)
but still rides atop the downtrend line from August. Breaking, but not broke. US
dollar index today lost 59 basis points and is now trading at 76.995. This
remains within the range of a normal correction, and stubborn fool that I am, I
still expect a costlier dollar. 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.
Top 10 Gaming Stocks with Highest Upside: FLL, GCA, ISLE, PNK, MGM, MCRI, SGMS, MPEL, BYD, MGAM (Oct 12, 2011)
Below are the top 10 Gaming stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
One Chinese company (MPEL) is on the list. Full House Resorts, Inc. (AMEX:FLL)
has the 1st highest upside potential in this segment of the market. Its upside
is 92.2%. Its consensus target price is $5.40 based on the average of all
estimates. Global Cash Access Holdings, Inc. (NYSE:GCA) has the 2nd highest
upside potential in this segment of the market. Its upside is 87.9%. Its
consensus target price is $5.38 based on the average of all estimates. Isle of
Capri Casinos (NASDAQ:ISLE) has the 3rd highest upside potential in this segment
of the market. Its upside is 80.5%. Its consensus target price is $9.42 based on
the average of all estimates. Pinnacle Entertainment, Inc (NYSE:PNK) has the 4th
highest upside potential in this segment of the market. Its upside is 72.6%. Its
consensus target price is $17.13 based on the average of all estimates. MGM
Resorts International. (NYSE:MGM) has the 5th highest upside potential in this
segment of the market. Its upside is 69.2%. Its consensus target price is $16.63
based on the average of all estimates. Monarch Casino & Resort, Inc.
(NASDAQ:MCRI) has the 6th highest upside potential in this segment of the
market. Its upside is 61.8%. Its consensus target price is $17.00 based on the
average of all estimates. Scientific Games Corp. (NASDAQ:SGMS) has the 7th
highest upside potential in this segment of the market. Its upside is 60.3%. Its
consensus target price is $12.25 based on the average of all estimates. Melco
Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) has the 8th highest upside potential
in this segment of the market. Its upside is 54.3%. Its consensus target price
is $15.93 based on the average of all estimates. Boyd Gaming Corporation
(NYSE:BYD) has the 9th highest upside potential in this segment of the market.
Its upside is 51.2%. Its consensus target price is $9.04 based on the average of
all estimates. Multimedia Games, Inc. (NASDAQ:MGAM) has the 10th highest upside
potential in this segment of the market. Its upside is 50.9%. Its consensus
target price is $8.00 based on the average of all estimates.
difference between current price and Wall Street analysts average target price.
One Chinese company (MPEL) is on the list. Full House Resorts, Inc. (AMEX:FLL)
has the 1st highest upside potential in this segment of the market. Its upside
is 92.2%. Its consensus target price is $5.40 based on the average of all
estimates. Global Cash Access Holdings, Inc. (NYSE:GCA) has the 2nd highest
upside potential in this segment of the market. Its upside is 87.9%. Its
consensus target price is $5.38 based on the average of all estimates. Isle of
Capri Casinos (NASDAQ:ISLE) has the 3rd highest upside potential in this segment
of the market. Its upside is 80.5%. Its consensus target price is $9.42 based on
the average of all estimates. Pinnacle Entertainment, Inc (NYSE:PNK) has the 4th
highest upside potential in this segment of the market. Its upside is 72.6%. Its
consensus target price is $17.13 based on the average of all estimates. MGM
Resorts International. (NYSE:MGM) has the 5th highest upside potential in this
segment of the market. Its upside is 69.2%. Its consensus target price is $16.63
based on the average of all estimates. Monarch Casino & Resort, Inc.
(NASDAQ:MCRI) has the 6th highest upside potential in this segment of the
market. Its upside is 61.8%. Its consensus target price is $17.00 based on the
average of all estimates. Scientific Games Corp. (NASDAQ:SGMS) has the 7th
highest upside potential in this segment of the market. Its upside is 60.3%. Its
consensus target price is $12.25 based on the average of all estimates. Melco
Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) has the 8th highest upside potential
in this segment of the market. Its upside is 54.3%. Its consensus target price
is $15.93 based on the average of all estimates. Boyd Gaming Corporation
(NYSE:BYD) has the 9th highest upside potential in this segment of the market.
Its upside is 51.2%. Its consensus target price is $9.04 based on the average of
all estimates. Multimedia Games, Inc. (NASDAQ:MGAM) has the 10th highest upside
potential in this segment of the market. Its upside is 50.9%. Its consensus
target price is $8.00 based on the average of all estimates.
Microsoft Corporation (NASDAQ:MSFT) Makes Traffic Deal
Microsoft Corporation (NASDAQ:MSFT) has partnered with Saaed For Traffic
Systems. Microsoft Corporation (NASDAQ:MSFT) Makes Traffic Deal It has been
reported that a partnership deal has been signed between Microsoft Corporation
(NASDAQ:MSFT) and Saaed For Traffic Systems, the UAE's leading provider of
services and IT solutions for traffic accident management, to provide a
regulatory framework and facilitate collaboration between the both companies
regarding Emirates Vehicle Gate(EVG). Samer Abu-Ltaif, General Manager,
Microsoft Corporation (NASDAQ:MSFT) Gulf, said that, "Microsoft Corporation
(NASDAQ:MSFT) is very excited about this partnership with Saaed for Traffic
Systems and look forward to supporting them on their Emirates Vehicle Gate
initiative. Microsoft Corporation (NASDAQ:MSFT) is keen to support the Abu Dhabi
government in its efforts that will enrich lives and help the community become a
safer place. Microsoft Corporation (NASDAQ:MSFT) is also very proud to be
involved in a project that leverages the latest state of art technologies from
Microsoft Corporation (NASDAQ:MSFT) and that is vital to the government's
vision for Abu Dhabi 2030. We are definitely committed and excited in supporting
this great vision". Microsoft Corp. (NASDAQ:MSFT) stocks are currently
standing at 27. Price History Last Price: 27 52 Week Low / High: 23.65 / 29.46
50 Day Moving Average: 25.69 6 Month Price Change %: 5.3% 12 Month Price Change
%: 9.8%
Systems. Microsoft Corporation (NASDAQ:MSFT) Makes Traffic Deal It has been
reported that a partnership deal has been signed between Microsoft Corporation
(NASDAQ:MSFT) and Saaed For Traffic Systems, the UAE's leading provider of
services and IT solutions for traffic accident management, to provide a
regulatory framework and facilitate collaboration between the both companies
regarding Emirates Vehicle Gate(EVG). Samer Abu-Ltaif, General Manager,
Microsoft Corporation (NASDAQ:MSFT) Gulf, said that, "Microsoft Corporation
(NASDAQ:MSFT) is very excited about this partnership with Saaed for Traffic
Systems and look forward to supporting them on their Emirates Vehicle Gate
initiative. Microsoft Corporation (NASDAQ:MSFT) is keen to support the Abu Dhabi
government in its efforts that will enrich lives and help the community become a
safer place. Microsoft Corporation (NASDAQ:MSFT) is also very proud to be
involved in a project that leverages the latest state of art technologies from
Microsoft Corporation (NASDAQ:MSFT) and that is vital to the government's
vision for Abu Dhabi 2030. We are definitely committed and excited in supporting
this great vision". Microsoft Corp. (NASDAQ:MSFT) stocks are currently
standing at 27. Price History Last Price: 27 52 Week Low / High: 23.65 / 29.46
50 Day Moving Average: 25.69 6 Month Price Change %: 5.3% 12 Month Price Change
%: 9.8%
Brand-Nameless Fashion — Wednesday’s IP Market Recap
Liz Claiborne Inc. (NYSE: LIZ ) might live to fight another day, but it's
going to do so without … well, Liz Claiborne. The fashion retailer dropped a
bomb Wednesday when it announced it would be selling off several brands
including the Liz Claiborne name itself to turn around a struggling business
that had seen annual revenue slashed from 2006 through 2010. The stock saw its
first sign of aggressive life in more than a month, jumping 34% to end the day
at $6.84 and regaining almost all of the 25% loss LIZ suffered during the past
12 months. Liz Claiborne Inc. will retain such high-end brands as Juicy Couture,
which sells everything from dresses to sleepwear to jewelry; Lucky Brand, known
for its $100 jeans; and kate spade, which sells luxury handbags among other
fashionable clothing and accessories. Also making headway toward prices from
better times was LinkedIn (NYSE: LNKD ), the professional social media site that
publicly offered in May. LNKD gained almost 10% on Wednesday a day after the
company acquired enterprise search engine IndexTank which was less than a week
removed from its purchase of software maker Connected. LinkedIn which is
becoming increasingly attractive to Indian workers finished the day at $82.36.
The company hasn't ended a trading day that high in almost a month, but LNKD
shares still are about 12% shy of their IPO value. Three Up Sprint Nextel (NYSE:
S ): Up 7.98% (19 cents) to $2.57. Royal Caribbean Cruises (NYSE: RCL ): Up
6.62% ($1.56) to $25.12. Melco Crown Entertainment (NASDAQ: MPEL ): Up 6.49% (67
cents) to $11. Three Down Buckle (NYSE: BKE ): Down 9.04% ($4.08) to $41.06.
Western Digital Corp. (NYSE: WDC ): Down 4.61% ($1.33) to $27.55. Alcoa Inc.
(NYSE: AA ): Down 2.43% (25 cents) to $10.05. As of this writing, Kyle Woodley
did not own a position in any of the aforementioned stocks.
going to do so without … well, Liz Claiborne. The fashion retailer dropped a
bomb Wednesday when it announced it would be selling off several brands
including the Liz Claiborne name itself to turn around a struggling business
that had seen annual revenue slashed from 2006 through 2010. The stock saw its
first sign of aggressive life in more than a month, jumping 34% to end the day
at $6.84 and regaining almost all of the 25% loss LIZ suffered during the past
12 months. Liz Claiborne Inc. will retain such high-end brands as Juicy Couture,
which sells everything from dresses to sleepwear to jewelry; Lucky Brand, known
for its $100 jeans; and kate spade, which sells luxury handbags among other
fashionable clothing and accessories. Also making headway toward prices from
better times was LinkedIn (NYSE: LNKD ), the professional social media site that
publicly offered in May. LNKD gained almost 10% on Wednesday a day after the
company acquired enterprise search engine IndexTank which was less than a week
removed from its purchase of software maker Connected. LinkedIn which is
becoming increasingly attractive to Indian workers finished the day at $82.36.
The company hasn't ended a trading day that high in almost a month, but LNKD
shares still are about 12% shy of their IPO value. Three Up Sprint Nextel (NYSE:
S ): Up 7.98% (19 cents) to $2.57. Royal Caribbean Cruises (NYSE: RCL ): Up
6.62% ($1.56) to $25.12. Melco Crown Entertainment (NASDAQ: MPEL ): Up 6.49% (67
cents) to $11. Three Down Buckle (NYSE: BKE ): Down 9.04% ($4.08) to $41.06.
Western Digital Corp. (NYSE: WDC ): Down 4.61% ($1.33) to $27.55. Alcoa Inc.
(NYSE: AA ): Down 2.43% (25 cents) to $10.05. As of this writing, Kyle Woodley
did not own a position in any of the aforementioned stocks.
Top 10 Food Stocks with Highest Upside: SEED, ADY, ALN, IPSU, OFI, HOGS, SYUT, AGRO, CQB, NAFC (Oct 12, 2011)
Below are the top 10 Food stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
Five Chinese companies (SEED, ADY, ALN, HOGS, SYUT) are on the list. Origin
Agritech Ltd. (NASDAQ:SEED) has the 1st highest upside potential in this segment
of the market. Its upside is 446.9%. Its consensus target price is $14.00 based
on the average of all estimates. Feihe International Inc (NYSE:ADY) has the 2nd
highest upside potential in this segment of the market. Its upside is 344.9%.
Its consensus target price is $23.00 based on the average of all estimates.
American Lorain Corporation (AMEX:ALN) has the 3rd highest upside potential in
this segment of the market. Its upside is 310.3%. Its consensus target price is
$5.33 based on the average of all estimates. Imperial Sugar Company
(NASDAQ:IPSU) has the 4th highest upside potential in this segment of the
market. Its upside is 200.5%. Its consensus target price is $18.75 based on the
average of all estimates. Overhill Farms, Inc. (AMEX:OFI) has the 5th highest
upside potential in this segment of the market. Its upside is 181.7%. Its
consensus target price is $10.00 based on the average of all estimates. ZHONGPIN
INC. (NASDAQ:HOGS) has the 6th highest upside potential in this segment of the
market. Its upside is 162.3%. Its consensus target price is $17.55 based on the
average of all estimates. Synutra International, Inc. (NASDAQ:SYUT) has the 7th
highest upside potential in this segment of the market. Its upside is 128.1%.
Its consensus target price is $12.50 based on the average of all estimates.
Adecoagro SA (NYSE:AGRO) has the 8th highest upside potential in this segment of
the market. Its upside is 102.6%. Its consensus target price is $15.82 based on
the average of all estimates. Chiquita Brands International, Inc. (NYSE:CQB) has
the 9th highest upside potential in this segment of the market. Its upside is
97.2%. Its consensus target price is $17.00 based on the average of all
estimates. Nash-Finch Company (NASDAQ:NAFC) has the 10th highest upside
potential in this segment of the market. Its upside is 79.5%. Its consensus
target price is $47.00 based on the average of all estimates.
difference between current price and Wall Street analysts average target price.
Five Chinese companies (SEED, ADY, ALN, HOGS, SYUT) are on the list. Origin
Agritech Ltd. (NASDAQ:SEED) has the 1st highest upside potential in this segment
of the market. Its upside is 446.9%. Its consensus target price is $14.00 based
on the average of all estimates. Feihe International Inc (NYSE:ADY) has the 2nd
highest upside potential in this segment of the market. Its upside is 344.9%.
Its consensus target price is $23.00 based on the average of all estimates.
American Lorain Corporation (AMEX:ALN) has the 3rd highest upside potential in
this segment of the market. Its upside is 310.3%. Its consensus target price is
$5.33 based on the average of all estimates. Imperial Sugar Company
(NASDAQ:IPSU) has the 4th highest upside potential in this segment of the
market. Its upside is 200.5%. Its consensus target price is $18.75 based on the
average of all estimates. Overhill Farms, Inc. (AMEX:OFI) has the 5th highest
upside potential in this segment of the market. Its upside is 181.7%. Its
consensus target price is $10.00 based on the average of all estimates. ZHONGPIN
INC. (NASDAQ:HOGS) has the 6th highest upside potential in this segment of the
market. Its upside is 162.3%. Its consensus target price is $17.55 based on the
average of all estimates. Synutra International, Inc. (NASDAQ:SYUT) has the 7th
highest upside potential in this segment of the market. Its upside is 128.1%.
Its consensus target price is $12.50 based on the average of all estimates.
Adecoagro SA (NYSE:AGRO) has the 8th highest upside potential in this segment of
the market. Its upside is 102.6%. Its consensus target price is $15.82 based on
the average of all estimates. Chiquita Brands International, Inc. (NYSE:CQB) has
the 9th highest upside potential in this segment of the market. Its upside is
97.2%. Its consensus target price is $17.00 based on the average of all
estimates. Nash-Finch Company (NASDAQ:NAFC) has the 10th highest upside
potential in this segment of the market. Its upside is 79.5%. Its consensus
target price is $47.00 based on the average of all estimates.
Here’s a Bearish Trade to Get a Perk from a Slumping Coffee Maker
With today's gap higher, the S&P 500 Index is now up approximately 12.5%
since bottoming in a volatile fashion on Oct. 4. While the recent surge has been
sufficient to lift many broken stocks from the abyss, some still languish in
downtrends. One such vulnerable stock that has formed a bear flag over the past
week is Green Mountain Coffee Roasters (NASDAQ: GMCR ). If weakness finally
returns to the tape, this caffeinated stock may commence another sell-off. A
high-probability bet worth considering is the sale of the GMCR Oct 100-105
bear-call spread for around a 45-cent credit. To enter the position, you would
sell ("Sell to Open") the Oct 100 Call while at the same time buying ("Buy
to Open") the Oct 105 Call. If GMCR remains below $100 by October expiration,
you would capture the entire $45 profit. The max risk is $455, which you'd
incur if GMCR rises above $105 by October expiration. If GMCR does power higher,
I suggest closing the position on any break above $100. If the stock remains
below $100, you can hold to expiration to capture the max profit or exit early
once the majority of the gain has been realized. GMCR has earnings on Oct. 26,
just a few trading days after these October options come off the board, so
you'll be out of the position before its numbers hit the tape. At the time of
this writing, Tyler Craig had no positions on GMCR.
since bottoming in a volatile fashion on Oct. 4. While the recent surge has been
sufficient to lift many broken stocks from the abyss, some still languish in
downtrends. One such vulnerable stock that has formed a bear flag over the past
week is Green Mountain Coffee Roasters (NASDAQ: GMCR ). If weakness finally
returns to the tape, this caffeinated stock may commence another sell-off. A
high-probability bet worth considering is the sale of the GMCR Oct 100-105
bear-call spread for around a 45-cent credit. To enter the position, you would
sell ("Sell to Open") the Oct 100 Call while at the same time buying ("Buy
to Open") the Oct 105 Call. If GMCR remains below $100 by October expiration,
you would capture the entire $45 profit. The max risk is $455, which you'd
incur if GMCR rises above $105 by October expiration. If GMCR does power higher,
I suggest closing the position on any break above $100. If the stock remains
below $100, you can hold to expiration to capture the max profit or exit early
once the majority of the gain has been realized. GMCR has earnings on Oct. 26,
just a few trading days after these October options come off the board, so
you'll be out of the position before its numbers hit the tape. At the time of
this writing, Tyler Craig had no positions on GMCR.
Google Inc. (NASDAQ:GOOG) To Launch Nexus Prime?
It has been rumored that Google Inc. (NASDAQ:GOOG) will launch the Nexus Prime
within a week. Google Inc. (NASDAQ:GOOG) To Launch Nexus Prime? Though Google
Inc. (NASDAQ:GOOG) postponed the launch of its Nexus Prime after the death of
Steve Jobs, rumors suggest that the company will roll out the new phone on
October 27. The company earlier scheduled the launch on October 11 at the
Samsung Mobile Unwrapped event. Nexus Prime uses Google Inc. (NASDAQ:GOOG)'s
new Android operating system Ice Cream Sandwich. The phone features a 4.5"
screen with a dual-core 1.5GHz processor. Google Inc. (NASDAQ:GOOG) stocks were
at 543.18 at the end of the last days trading. Theres been a 1.7% change in the
stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.18 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.31 Zacks Rank: 10 out of 31 in the industry
within a week. Google Inc. (NASDAQ:GOOG) To Launch Nexus Prime? Though Google
Inc. (NASDAQ:GOOG) postponed the launch of its Nexus Prime after the death of
Steve Jobs, rumors suggest that the company will roll out the new phone on
October 27. The company earlier scheduled the launch on October 11 at the
Samsung Mobile Unwrapped event. Nexus Prime uses Google Inc. (NASDAQ:GOOG)'s
new Android operating system Ice Cream Sandwich. The phone features a 4.5"
screen with a dual-core 1.5GHz processor. Google Inc. (NASDAQ:GOOG) stocks were
at 543.18 at the end of the last days trading. Theres been a 1.7% change in the
stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.18 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.31 Zacks Rank: 10 out of 31 in the industry
Wednesday Apple Rumors — Apple Fighting Fire With iPad Mini?
Here are your daily Apple rumors and news items for Wednesday: iPad Mini in
2012? Apple (NASDAQ: AAPL ) knows all too well that if you have a successful
gadget on the market, the best way to make it even more successful is to make it
smaller and cheaper. That was the thinking that propelled the iPod to
zeitgeist-defining success last decade when the original model was coupled with
the tiny, cheap iPod Nano. If analyst Brian White of Ticonderoga Securities is
right, that strategy will be applied to the iPad line next year. According to a
report at Apple Insider , meetings with component suppliers in China have led
the analyst to predict Apple will release a cheaper model of its iPad next year
in the mid-to-high $200 range. The device will be positioned as a competitor for
Amazon s (NASDAQ: AMZN ) recently announced Kindle Fire tablet. iCloud Opens for
Business with iTunes in the Cloud: A report at Mac Rumors said Apple began
opening its iCloud businesses on Wednesday morning. The first of these is iTunes
in the Cloud, a service that lets iTunes customers re-download any past music
purchases made through the store on any device that supports iTunes. Although
the service hasnt started in the United States as of this writing, it is
available in Mexico, Netherlands, Ireland, Spain, Australia and France. Apple is
expected to open all iCloud services for business between Wednesday and the
release of the iPhone 4S on Friday. Use the iPhone to Make T-Mobile Calls:
T-Mobile has very craftily insinuated itself into the iPhone business even
without officially carrying the line of phones on its network. A Wednesday
report at TUAW said T-Mobile has released an app for the iPhone and iPad called
Bobsled. Bobseld is a web-based service not unlike Microsoft s (NASDAQ: MSFT )
Skype. Users can make phone calls and send text messages to other Bobsled users.
The app and services are free at the moment, but T-Mobile has announced that it
plans to begin charging for Bobsled at some point in the future. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
2012? Apple (NASDAQ: AAPL ) knows all too well that if you have a successful
gadget on the market, the best way to make it even more successful is to make it
smaller and cheaper. That was the thinking that propelled the iPod to
zeitgeist-defining success last decade when the original model was coupled with
the tiny, cheap iPod Nano. If analyst Brian White of Ticonderoga Securities is
right, that strategy will be applied to the iPad line next year. According to a
report at Apple Insider , meetings with component suppliers in China have led
the analyst to predict Apple will release a cheaper model of its iPad next year
in the mid-to-high $200 range. The device will be positioned as a competitor for
Amazon s (NASDAQ: AMZN ) recently announced Kindle Fire tablet. iCloud Opens for
Business with iTunes in the Cloud: A report at Mac Rumors said Apple began
opening its iCloud businesses on Wednesday morning. The first of these is iTunes
in the Cloud, a service that lets iTunes customers re-download any past music
purchases made through the store on any device that supports iTunes. Although
the service hasnt started in the United States as of this writing, it is
available in Mexico, Netherlands, Ireland, Spain, Australia and France. Apple is
expected to open all iCloud services for business between Wednesday and the
release of the iPhone 4S on Friday. Use the iPhone to Make T-Mobile Calls:
T-Mobile has very craftily insinuated itself into the iPhone business even
without officially carrying the line of phones on its network. A Wednesday
report at TUAW said T-Mobile has released an app for the iPhone and iPad called
Bobsled. Bobseld is a web-based service not unlike Microsoft s (NASDAQ: MSFT )
Skype. Users can make phone calls and send text messages to other Bobsled users.
The app and services are free at the moment, but T-Mobile has announced that it
plans to begin charging for Bobsled at some point in the future. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
Gold Price Climbs, “Higher Trading Range Imminent”
GOLD PRICE NEWS – The gold price climbed $16.51, or 1.0%, to $1,678.76 per
ounce Wednesday afternoon amid a broad-based rally on Wall Street.
ounce Wednesday afternoon amid a broad-based rally on Wall Street.
Top 10 Electrical Stocks with Highest Upside: MVIS, BCON, HEAT, LIWA, BWEN, PLUG, NEWN, OPTT, HPJ, ECTY (Oct 12, 2011)
Below are the top 10 Electrical stocks with highest upside potential, based on
the difference between current price and Wall Street analysts average target
price. Four Chinese companies (HEAT, LIWA, NEWN, HPJ) are on the list.
Microvision, Inc. (NASDAQ:MVIS) has the 1st highest upside potential in this
segment of the market. Its upside is 721.9%. Its consensus target price is $6.00
based on the average of all estimates. Beacon Power Corp. (NASDAQ:BCON) has the
2nd highest upside potential in this segment of the market. Its upside is
468.2%. Its consensus target price is $2.00 based on the average of all
estimates. SmartHeat Inc (NASDAQ:HEAT) has the 3rd highest upside potential in
this segment of the market. Its upside is 400.0%. Its consensus target price is
$3.00 based on the average of all estimates. Lihua International, Inc.
(NASDAQ:LIWA) has the 4th highest upside potential in this segment of the
market. Its upside is 363.0%. Its consensus target price is $20.00 based on the
average of all estimates. Broadwind Energy Inc. (NASDAQ:BWEN) has the 5th
highest upside potential in this segment of the market. Its upside is 306.7%.
Its consensus target price is $1.50 based on the average of all estimates. Plug
Power Inc. (NASDAQ:PLUG) has the 6th highest upside potential in this segment of
the market. Its upside is 297.7%. Its consensus target price is $7.00 based on
the average of all estimates. New Energy Systems Group. (NYSE:NEWN) has the 7th
highest upside potential in this segment of the market. Its upside is 227.9%.
Its consensus target price is $6.00 based on the average of all estimates. Ocean
Power Technologies, Inc. (NASDAQ:OPTT) has the 8th highest upside potential in
this segment of the market. Its upside is 217.0%. Its consensus target price is
$11.00 based on the average of all estimates. Hong Kong Highpower Technology,
Inc. (NASDAQ:HPJ) has the 9th highest upside potential in this segment of the
market. Its upside is 210.1%. Its consensus target price is $4.00 based on the
average of all estimates. Ecotality, Inc. (NASDAQ:ECTY) has the 10th highest
upside potential in this segment of the market. Its upside is 202.1%. Its
consensus target price is $5.83 based on the average of all estimates.
the difference between current price and Wall Street analysts average target
price. Four Chinese companies (HEAT, LIWA, NEWN, HPJ) are on the list.
Microvision, Inc. (NASDAQ:MVIS) has the 1st highest upside potential in this
segment of the market. Its upside is 721.9%. Its consensus target price is $6.00
based on the average of all estimates. Beacon Power Corp. (NASDAQ:BCON) has the
2nd highest upside potential in this segment of the market. Its upside is
468.2%. Its consensus target price is $2.00 based on the average of all
estimates. SmartHeat Inc (NASDAQ:HEAT) has the 3rd highest upside potential in
this segment of the market. Its upside is 400.0%. Its consensus target price is
$3.00 based on the average of all estimates. Lihua International, Inc.
(NASDAQ:LIWA) has the 4th highest upside potential in this segment of the
market. Its upside is 363.0%. Its consensus target price is $20.00 based on the
average of all estimates. Broadwind Energy Inc. (NASDAQ:BWEN) has the 5th
highest upside potential in this segment of the market. Its upside is 306.7%.
Its consensus target price is $1.50 based on the average of all estimates. Plug
Power Inc. (NASDAQ:PLUG) has the 6th highest upside potential in this segment of
the market. Its upside is 297.7%. Its consensus target price is $7.00 based on
the average of all estimates. New Energy Systems Group. (NYSE:NEWN) has the 7th
highest upside potential in this segment of the market. Its upside is 227.9%.
Its consensus target price is $6.00 based on the average of all estimates. Ocean
Power Technologies, Inc. (NASDAQ:OPTT) has the 8th highest upside potential in
this segment of the market. Its upside is 217.0%. Its consensus target price is
$11.00 based on the average of all estimates. Hong Kong Highpower Technology,
Inc. (NASDAQ:HPJ) has the 9th highest upside potential in this segment of the
market. Its upside is 210.1%. Its consensus target price is $4.00 based on the
average of all estimates. Ecotality, Inc. (NASDAQ:ECTY) has the 10th highest
upside potential in this segment of the market. Its upside is 202.1%. Its
consensus target price is $5.83 based on the average of all estimates.
Gold, Silver Shares Rise, But Pare Gains Alongside Metals
Gold and silver shares rose Wednesday, but came off their highs alongside
precious metals in early afternoon trading. The Philadelphia Gold & Silver Index
(XAU) which climbed as much as 2.0% this morning was higher by just 0.9% at
195.26 later in the day. COMEX gold futures for December delivery reached
$1,693.90 this morning, but were up only $18.00 at $1,679.00 as of 12:40pm ET.
precious metals in early afternoon trading. The Philadelphia Gold & Silver Index
(XAU) which climbed as much as 2.0% this morning was higher by just 0.9% at
195.26 later in the day. COMEX gold futures for December delivery reached
$1,693.90 this morning, but were up only $18.00 at $1,679.00 as of 12:40pm ET.
Top 10 Environmental Stocks with Highest Upside: CREG, TRIT, CDTI, PESI, PRMW, EEI, CECE, NTIC, CWST, MPR (Oct 12, 2011)
Below are the top 10 Environmental stocks with highest upside potential, based
on the difference between current price and Wall Street analysts average target
price. Two Chinese companies (CREG, TRIT) are on the list. China Recycling
Energy Corp. (NASDAQ:CREG) has the 1st highest upside potential in this segment
of the market. Its upside is 352.6%. Its consensus target price is $5.25 based
on the average of all estimates. Tri-Tech Holding, Inc. (NASDAQ:TRIT) has the
2nd highest upside potential in this segment of the market. Its upside is
270.8%. Its consensus target price is $14.50 based on the average of all
estimates. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has the 3rd highest
upside potential in this segment of the market. Its upside is 133.2%. Its
consensus target price is $9.00 based on the average of all estimates. Perma-Fix
Environmental Services, Inc. (NASDAQ:PESI) has the 4th highest upside potential
in this segment of the market. Its upside is 111.9%. Its consensus target price
is $2.50 based on the average of all estimates. Primo Water Corporation
(NASDAQ:PRMW) has the 5th highest upside potential in this segment of the
market. Its upside is 107.6%. Its consensus target price is $12.00 based on the
average of all estimates. Ecology and Environment (NASDAQ:EEI) has the 6th
highest upside potential in this segment of the market. Its upside is 77.3%. Its
consensus target price is $27.00 based on the average of all estimates. CECO
Environmental Corp. (NASDAQ:CECE) has the 7th highest upside potential in this
segment of the market. Its upside is 66.0%. Its consensus target price is $8.50
based on the average of all estimates. Northern Technologies International Corp
(NASDAQ:NTIC) has the 8th highest upside potential in this segment of the
market. Its upside is 58.5%. Its consensus target price is $24.00 based on the
average of all estimates. Casella Waste Systems Inc. (NASDAQ:CWST) has the 9th
highest upside potential in this segment of the market. Its upside is 54.4%. Its
consensus target price is $9.00 based on the average of all estimates. Met-Pro
Corporation (NYSE:MPR) has the 10th highest upside potential in this segment of
the market. Its upside is 49.1%. Its consensus target price is $13.33 based on
the average of all estimates.
on the difference between current price and Wall Street analysts average target
price. Two Chinese companies (CREG, TRIT) are on the list. China Recycling
Energy Corp. (NASDAQ:CREG) has the 1st highest upside potential in this segment
of the market. Its upside is 352.6%. Its consensus target price is $5.25 based
on the average of all estimates. Tri-Tech Holding, Inc. (NASDAQ:TRIT) has the
2nd highest upside potential in this segment of the market. Its upside is
270.8%. Its consensus target price is $14.50 based on the average of all
estimates. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) has the 3rd highest
upside potential in this segment of the market. Its upside is 133.2%. Its
consensus target price is $9.00 based on the average of all estimates. Perma-Fix
Environmental Services, Inc. (NASDAQ:PESI) has the 4th highest upside potential
in this segment of the market. Its upside is 111.9%. Its consensus target price
is $2.50 based on the average of all estimates. Primo Water Corporation
(NASDAQ:PRMW) has the 5th highest upside potential in this segment of the
market. Its upside is 107.6%. Its consensus target price is $12.00 based on the
average of all estimates. Ecology and Environment (NASDAQ:EEI) has the 6th
highest upside potential in this segment of the market. Its upside is 77.3%. Its
consensus target price is $27.00 based on the average of all estimates. CECO
Environmental Corp. (NASDAQ:CECE) has the 7th highest upside potential in this
segment of the market. Its upside is 66.0%. Its consensus target price is $8.50
based on the average of all estimates. Northern Technologies International Corp
(NASDAQ:NTIC) has the 8th highest upside potential in this segment of the
market. Its upside is 58.5%. Its consensus target price is $24.00 based on the
average of all estimates. Casella Waste Systems Inc. (NASDAQ:CWST) has the 9th
highest upside potential in this segment of the market. Its upside is 54.4%. Its
consensus target price is $9.00 based on the average of all estimates. Met-Pro
Corporation (NYSE:MPR) has the 10th highest upside potential in this segment of
the market. Its upside is 49.1%. Its consensus target price is $13.33 based on
the average of all estimates.
Apple Inc. (NASDAQ:AAPL) To Hold Jobs Memorial
Apple Inc. (NASDAQ:AAPL) has decided to hold a memorial service for its
co-founder Steve Jobs. Apple Inc. (NASDAQ:AAPL) To Hold Jobs Memorial According
to a company-wide e-mail, Apple Inc. (NASDAQ:AAPL) will hold a memorial service
for Steve Jobs on Oct. 19 in an amphitheatre at the company's corporate
headquarters. Tim Cook, CEO of Apple Inc. (NASDAQ:AAPL) told employees in the
e-mail, "Although many of our hearts are still heavy, we are planning a
celebration of his life for Apple Inc. (NASDAQ:AAPL) employees to take time to
remember the incredible things Steve achieved in his life and the many ways he
made our world a better place." Apple Inc. (NASDAQ:AAPL) shares were at 400.29
at the end of the last days trading. Theres been a 13.2% change in the stock
price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.22 Zacks Rank: 1 out of 2 in the industry
co-founder Steve Jobs. Apple Inc. (NASDAQ:AAPL) To Hold Jobs Memorial According
to a company-wide e-mail, Apple Inc. (NASDAQ:AAPL) will hold a memorial service
for Steve Jobs on Oct. 19 in an amphitheatre at the company's corporate
headquarters. Tim Cook, CEO of Apple Inc. (NASDAQ:AAPL) told employees in the
e-mail, "Although many of our hearts are still heavy, we are planning a
celebration of his life for Apple Inc. (NASDAQ:AAPL) employees to take time to
remember the incredible things Steve achieved in his life and the many ways he
made our world a better place." Apple Inc. (NASDAQ:AAPL) shares were at 400.29
at the end of the last days trading. Theres been a 13.2% change in the stock
price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus
Opinion: Moderate Buy Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3
Months Ago: 1.22 Zacks Rank: 1 out of 2 in the industry
Todays gold price per ounce; MSN Money Stock Barrick Gold ABX Quote; Silver Price Per Ounce Spot Gold price per gram
Precious metal gold and silver contracts closed out the last session on
opposite sides of breakeven. Precious metal gold contract for December delivery
closed out with a lower price per ounce rate on the day by negative 9.80. Silver
contract for December delivery closed out with a higher price per ounce rate by
increasing .018 on the day. Price trends for both precious metal gold and silver
are remarkably negative during the past several weeks. The stock market has been
generally choppy and volatile due, in part, to the uncertainty surrounding the
European bailout action plan. Debt default continues to be a pressing issue in
the Eurozone and this weight has pushed primary stock indices lower on a global
scale. Safe haven appeal of precious metals has not flourished during this time
however. Corrections have occurred and thus gold and silver prices have dropped
lower. Prior to opening bell today for the U.S. trading session, spot gold and
spot silver prices were both pushing higher. Spot gold price per gram was higher
by .77 at this point and spot silver price per ounce was higher by .90 at this
point. As the trading session reached the halfway point today in the U.S., the
primary stock composites were pushing higher into the green. Investors were
feeling more confident that European leaders are reaching an agreement regarding
the action plan to avoid defaults in the eurozone. Gold contract price per ounce
rates were posting higher at mid-day. Gold price for December delivery contract
was green by 1.14 percent at 1680 per troy ounce. Silver contract for December
delivery was higher by 2.05 percent posting an electronic price of 32.66 per
troy ounce. Spot gold and spot silver were still higher at this point. Spot gold
price per gram is higher by .46 at 53.86 and spot silver price per ounce is
higher by .55 at 32.55. Gold prices are moving higher and ABX stock is
benefiting as a result. Barrick Gold Corp was green at mid-day by .21 percent at
47.95 according to MSN Money Stock Quotes. Previous close for Barrick Gold was
47.85. Camillo Zucari
opposite sides of breakeven. Precious metal gold contract for December delivery
closed out with a lower price per ounce rate on the day by negative 9.80. Silver
contract for December delivery closed out with a higher price per ounce rate by
increasing .018 on the day. Price trends for both precious metal gold and silver
are remarkably negative during the past several weeks. The stock market has been
generally choppy and volatile due, in part, to the uncertainty surrounding the
European bailout action plan. Debt default continues to be a pressing issue in
the Eurozone and this weight has pushed primary stock indices lower on a global
scale. Safe haven appeal of precious metals has not flourished during this time
however. Corrections have occurred and thus gold and silver prices have dropped
lower. Prior to opening bell today for the U.S. trading session, spot gold and
spot silver prices were both pushing higher. Spot gold price per gram was higher
by .77 at this point and spot silver price per ounce was higher by .90 at this
point. As the trading session reached the halfway point today in the U.S., the
primary stock composites were pushing higher into the green. Investors were
feeling more confident that European leaders are reaching an agreement regarding
the action plan to avoid defaults in the eurozone. Gold contract price per ounce
rates were posting higher at mid-day. Gold price for December delivery contract
was green by 1.14 percent at 1680 per troy ounce. Silver contract for December
delivery was higher by 2.05 percent posting an electronic price of 32.66 per
troy ounce. Spot gold and spot silver were still higher at this point. Spot gold
price per gram is higher by .46 at 53.86 and spot silver price per ounce is
higher by .55 at 32.55. Gold prices are moving higher and ABX stock is
benefiting as a result. Barrick Gold Corp was green at mid-day by .21 percent at
47.95 according to MSN Money Stock Quotes. Previous close for Barrick Gold was
47.85. Camillo Zucari
Today’s DJIA Index DJX DJI Dow Jones, Nasdaq Index, S&P 500; CitiGroup Inc C Google Finance Stock Quote; Stock Market Mid-Day
The primary index composites have been moving in a choppy and volatile fashion
over the course of the last three months. Investors have been inundated during
this time with bits of information and rumors pertaining to the economic
slowdown in the U.S. and in the eurozone. The debt default crisis in Europe
continues to boil near the top and occasionally spills over. The affects have
skewed mostly negative during this time and thus indices remain lower overall.
Yesterday, the primary index composites finished mixed. The Dow Jones Industrial
Average was lower by .15 percent, but the Nasdaq and the S&P 500 closed out
their respective sessions in the green. The Nasdaq was higher by .66 percent at
2,583,03 and the S&P 500 was higher by .05 percent at .65. Stock trends remained
mixed due to the uncertainty surrounding potential European bailout action.
Prior to opening bell this morning though, stock futures indicated the higher
opening for stocks in the U.S. The Dow Jones Industrial Average futures, as well
as the Nasdaq futures and the S&P 500 futures, were posting in the green at this
point. Global indices were posting mostly green at this point as well. The
positive action being observed in Europe today could have a positive impact on
U.S. trends as the session progresses. As the trading session in the U.S.
reached the halfway point, the primary index composites were pushing into the
green. Optimism pertaining to the European bailout action plan was helping to
push indices higher through the initial half of the session. Progress has been
reported regarding the expansion approval of the European Financial Stability
Facility. European leaders are attempting to reach an agreement by the end of
next week. The Dow Jones Industrial, as well as the Nasdaq and S&P 500 were all
trending higher by greater than or equal to 1 percent. At the mid-day point, the
Dow Jones Industrial Average was green by about 1 percent at 11,529. The Nasdaq
was green by 1.17 percent at 2,613 and the S&P 500 was higher by 1.27 percent at
1,211. Financial stocks were big sector gainers today. Citigroup stock was
higher at the mid-day point by 4.69 percent at 29.14 according to Google Finance
Stock Quotes. Frank Matto
over the course of the last three months. Investors have been inundated during
this time with bits of information and rumors pertaining to the economic
slowdown in the U.S. and in the eurozone. The debt default crisis in Europe
continues to boil near the top and occasionally spills over. The affects have
skewed mostly negative during this time and thus indices remain lower overall.
Yesterday, the primary index composites finished mixed. The Dow Jones Industrial
Average was lower by .15 percent, but the Nasdaq and the S&P 500 closed out
their respective sessions in the green. The Nasdaq was higher by .66 percent at
2,583,03 and the S&P 500 was higher by .05 percent at .65. Stock trends remained
mixed due to the uncertainty surrounding potential European bailout action.
Prior to opening bell this morning though, stock futures indicated the higher
opening for stocks in the U.S. The Dow Jones Industrial Average futures, as well
as the Nasdaq futures and the S&P 500 futures, were posting in the green at this
point. Global indices were posting mostly green at this point as well. The
positive action being observed in Europe today could have a positive impact on
U.S. trends as the session progresses. As the trading session in the U.S.
reached the halfway point, the primary index composites were pushing into the
green. Optimism pertaining to the European bailout action plan was helping to
push indices higher through the initial half of the session. Progress has been
reported regarding the expansion approval of the European Financial Stability
Facility. European leaders are attempting to reach an agreement by the end of
next week. The Dow Jones Industrial, as well as the Nasdaq and S&P 500 were all
trending higher by greater than or equal to 1 percent. At the mid-day point, the
Dow Jones Industrial Average was green by about 1 percent at 11,529. The Nasdaq
was green by 1.17 percent at 2,613 and the S&P 500 was higher by 1.27 percent at
1,211. Financial stocks were big sector gainers today. Citigroup stock was
higher at the mid-day point by 4.69 percent at 29.14 according to Google Finance
Stock Quotes. Frank Matto
Given the Choice, It’s Allstate Over Progressive
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Progressive (NYSE: PGR ) is a highly innovative insurance company — for example,
JPMorgan Earnings Preview — Expect a Hard Dose of Reality
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Large bank and financial services firm JPMorgan Chase (NYSE: JPM ) reports earnings for the quarter ending Sept. 30 before the market opens Thursday. With the memory of 2008 fresh in their minds, investors have been selling shares of the company on any whiff of a cascading event such as a potential collapse in Europe. Thursday’s JPM earnings report might do little more than to show investors that, at least for now, an accommodating Federal Reserve is allowing banks to print money and profits. What is less sure is whether the news will be enough to break the speculation of global calamity that has kept share prices in the banking sector clamped down. The front and center issue is exposure to Europe. What sort of skeletons or derivative contracts are in the closet? What happens if there is a default in Europe? What is there to backstop the system during a massive failure? JPMorgan has exceeded average Wall Street estimates in each of the past four quarters: When JPMorgan last reported results, it beat expectations amid some of the same fears that exist today. The luster from that report did not last long, however — expectations for the current quarter have been slashed by Wall Street analysts. For the quarter ending Sept. 30, the current estimate is for JPM to make 96 cents per share; ninety days ago, the estimate was $1.19. For the full year, the average Wall Street estimate calls for a profit of $4.69 per share. The expectation is for 12% growth in 2012 to $5.27 per share. At current prices, shares of JPM trade for seven times current-year estimated earnings.
U.K. Stocks Climb as Lenders, Mining Companies Rally on Euro-Area Optimism
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea U.K. Stocks Climb as Lenders, Mining Companies Rally on Euro-Area Optimism Bloomberg – 26 minutes ago By Sarah Jones – Wed Oct 12 14:53:26 GMT 2011 UK stocks climbed, led by a rally in financial and mining companies, amid growing optimism that euro-area policy makers will contain the region's debt …
Top 10 Healthcare Facilities Stocks with Highest Upside: LCAV, EXAM, CCM, GTIV, ENZ, EPOC, SUNH, ADK, MEDH, VHS (Oct 12, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 Healthcare Facilities stocks with highest upside potential, based on the difference between current price and Wall Street analysts' average target price. One Chinese company (CCM) is on the list. LCA-Vision Inc. (NASDAQ:LCAV) has the 1st highest upside potential in this segment of the market. Its upside is 260.0%. Its consensus target price is $9.00 based on the average of all estimates. Examworks Group, Inc. (NYSE:EXAM) has the 2nd highest upside potential in this segment of the market. Its upside is 187.9%. Its consensus target price is $25.25 based on the average of all estimates. Concord Medical Services Hldg Ltd (ADR) (NYSE:CCM) has the 3rd highest upside potential in this segment of the market. Its upside is 184.4%. Its consensus target price is $8.68 based on the average of all estimates. Gentiva Health Services, Inc. (NASDAQ:GTIV) has the 4th highest upside potential in this segment of the market. Its upside is 166.9%. Its consensus target price is $10.25 based on the average of all estimates. Enzo Biochem, Inc. (NYSE:ENZ) has the 5th highest upside potential in this segment of the market. Its upside is 150.9%. Its consensus target price is $7.00 based on the average of all estimates. Epocrates, Inc. (NASDAQ:EPOC) has the 6th highest upside potential in this segment of the market. Its upside is 128.4%. Its consensus target price is $19.25 based on the average of all estimates. Sun Healthcare Group Inc (NASDAQ:SUNH) has the 7th highest upside potential in this segment of the market. Its upside is 126.5%. Its consensus target price is $6.23 based on the average of all estimates. AdCare Health Systems, Inc. (AMEX:ADK) has the 8th highest upside potential in this segment of the market. Its upside is 117.2%. Its consensus target price is $8.57 based on the average of all estimates. Medquist Holdings Inc (NASDAQ:MEDH) has the 9th highest upside potential in this segment of the market. Its upside is 105.8%. Its consensus target price is $15.50 based on the average of all estimates. Vanguard Health Systems, Inc. (NYSE:VHS) has the 10th highest upside potential in this segment of the market. Its upside is 104.9%. Its consensus target price is $18.96 based on the average of all estimates.
“New Territory” for Gold Makes Trading “Very Challenging”
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 In recent weeks the correlation between gold and other asset classes – particularly the U.S. dollar and euro currency – have noticeably changed. While the yellow metal rallied alongside the dollar as a safe haven for the majority of the summer, over the past month it has traded more in line with the euro currency as a riskier commodity. Analysts at UBS elaborated on these developments in a note to clients on Wednesday. “ Gold has stepped into new territory, acting like a hybrid of a risk asset and a safe haven, as it tries to find a balance between the two opposing forces,” the firm wrote.
Google Inc. (NASDAQ:GOOG) Produces Clokey Doodle
Google Inc. (NASDAQ:GOOG) has been paying homage to Art Clokey with its Gumby
Doodle. Google Inc. (NASDAQ:GOOG) Produces Clokey Doodle In honor of the
godfather of clay stop motion animation Arthur 'Art' Clokey, Google Inc.
(NASDAQ:GOOG) has set Gumby Doodle on its homepage on his 90th birthday. The
homepage has five Google Inc. (NASDAQ:GOOG)-colored clay balls which will come
to life when clicked upon. Clockey produced films 'Gumbasia' and 'The
Gumby Show' featuring the famous character Gumby. Clockey was born on October
12, 1921 and died on January 8, 2010 at the age of 88. Google Inc. (NASDAQ:GOOG)
shares were at 543.18 at the end of the last days trading. Theres been a 1.7%
movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG)
Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.18
(1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.31 Zacks Rank: 10 out of 31 in the
industry
Doodle. Google Inc. (NASDAQ:GOOG) Produces Clokey Doodle In honor of the
godfather of clay stop motion animation Arthur 'Art' Clokey, Google Inc.
(NASDAQ:GOOG) has set Gumby Doodle on its homepage on his 90th birthday. The
homepage has five Google Inc. (NASDAQ:GOOG)-colored clay balls which will come
to life when clicked upon. Clockey produced films 'Gumbasia' and 'The
Gumby Show' featuring the famous character Gumby. Clockey was born on October
12, 1921 and died on January 8, 2010 at the age of 88. Google Inc. (NASDAQ:GOOG)
shares were at 543.18 at the end of the last days trading. Theres been a 1.7%
movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG)
Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.18
(1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.31 Zacks Rank: 10 out of 31 in the
industry
#Ghana and #gold miners discussing new #taxes
ACCRA – Ghana is in discussions with gold miners in the country, which is
Africas second-biggest producer, about further taxes so as to benefit from the
rising price of gold, the government stated on 11 October. Any new taxes agreed
upon will be part of the 2012 budget to be presented to parliament in November.
The Ghana Mine Workers Union have been calling for a windfall tax to be imposed
in addition to raising the countrys stake in the mines to allow for the economy
to benefit from the rising gold prices. Spot gold prices have more than
quintupled in the last 10 years and are up around 17% in 2011, having hit a
record high of $1 920.30/oz in September. Companies which operate in Ghana
include subsidiaries of Newmont Gold , the worlds second-largest miner; Africas
largest gold miner, AngloGold Ashanti and South Africa-based Goldfields . Full
story here:
http://www.miningweekly.com/article/ghana-in-talks-with-gold-miners-over-new-taxes-2011-10-11
Africa Mining Congress 2012: Exploration, investment and development for miners,
financiers and investors. Download the Africa Mining Congress 2012 brochure
here: http://www.terrapinn.com/template/live/documents.aspx?e=4894
Africas second-biggest producer, about further taxes so as to benefit from the
rising price of gold, the government stated on 11 October. Any new taxes agreed
upon will be part of the 2012 budget to be presented to parliament in November.
The Ghana Mine Workers Union have been calling for a windfall tax to be imposed
in addition to raising the countrys stake in the mines to allow for the economy
to benefit from the rising gold prices. Spot gold prices have more than
quintupled in the last 10 years and are up around 17% in 2011, having hit a
record high of $1 920.30/oz in September. Companies which operate in Ghana
include subsidiaries of Newmont Gold , the worlds second-largest miner; Africas
largest gold miner, AngloGold Ashanti and South Africa-based Goldfields . Full
story here:
http://www.miningweekly.com/article/ghana-in-talks-with-gold-miners-over-new-taxes-2011-10-11
Africa Mining Congress 2012: Exploration, investment and development for miners,
financiers and investors. Download the Africa Mining Congress 2012 brochure
here: http://www.terrapinn.com/template/live/documents.aspx?e=4894
Microsoft Corporation (NASDAQ:MSFT) Signs New Hosting Agreement
Microsoft Corporation (NASDAQ:MSFT) has signed hosting agreement with Etisalat.
Microsoft Corporation (NASDAQ:MSFT) Signs New Hosting Agreement Microsoft
Corporation (NASDAQ:MSFT) has announced that it has joined hands with Etisalat
to enhance the Internet experience for millions of Etisalat customers across the
Middle East. According to the agreement Microsoft Corporation (NASDAQ:MSFT) will
leverage Etisalats Smart Hub in the UAE, improving the experience for delivery
of content and services from Microsoft Corporation (NASDAQ:MSFT)s network. Ali
Amiri, Executive Vice President Carrier & Wholesale at Etisalat, said that,
Etisalats vision is to enable individuals, businesses and governments and extend
their reach through the provision of the latest technology. Our commitment is
exercised end-to-end throughout our network from the access device, which our
customers see every day, through to the critically important international
connectivity and infrastructure that lie behind the scenes. We have therefore
invested in building the regions Internet hub in the UAE, which today hosts the
worlds largest content providers and offers high-speed and reliable connectivity
for the largest operators in the Middle East, Asia and Africa". Microsoft
Corp. (NASDAQ:MSFT) stocks are currently standing at 27. Price History Last
Price: 27 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 25.69 6 Month
Price Change %: 5.3% 12 Month Price Change %: 9.8%
Microsoft Corporation (NASDAQ:MSFT) Signs New Hosting Agreement Microsoft
Corporation (NASDAQ:MSFT) has announced that it has joined hands with Etisalat
to enhance the Internet experience for millions of Etisalat customers across the
Middle East. According to the agreement Microsoft Corporation (NASDAQ:MSFT) will
leverage Etisalats Smart Hub in the UAE, improving the experience for delivery
of content and services from Microsoft Corporation (NASDAQ:MSFT)s network. Ali
Amiri, Executive Vice President Carrier & Wholesale at Etisalat, said that,
Etisalats vision is to enable individuals, businesses and governments and extend
their reach through the provision of the latest technology. Our commitment is
exercised end-to-end throughout our network from the access device, which our
customers see every day, through to the critically important international
connectivity and infrastructure that lie behind the scenes. We have therefore
invested in building the regions Internet hub in the UAE, which today hosts the
worlds largest content providers and offers high-speed and reliable connectivity
for the largest operators in the Middle East, Asia and Africa". Microsoft
Corp. (NASDAQ:MSFT) stocks are currently standing at 27. Price History Last
Price: 27 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 25.69 6 Month
Price Change %: 5.3% 12 Month Price Change %: 9.8%
“New Territory” for Gold Makes Trading “Very Challenging”
In recent weeks the correlation between gold and other asset classes
particularly the U.S. dollar and euro currency have noticeably changed. While
the yellow metal rallied alongside the dollar as a safe haven for the majority
of the summer, over the past month it has traded more in line with the euro
currency as a riskier commodity. Analysts at UBS elaborated on these
developments in a note to clients on Wednesday. Gold has stepped into new
territory, acting like a hybrid of a risk asset and a safe haven, as it tries to
find a balance between the two opposing forces, the firm wrote.
particularly the U.S. dollar and euro currency have noticeably changed. While
the yellow metal rallied alongside the dollar as a safe haven for the majority
of the summer, over the past month it has traded more in line with the euro
currency as a riskier commodity. Analysts at UBS elaborated on these
developments in a note to clients on Wednesday. Gold has stepped into new
territory, acting like a hybrid of a risk asset and a safe haven, as it tries to
find a balance between the two opposing forces, the firm wrote.
Top 10 Healthcare Facilities Stocks with Highest Upside: LCAV, EXAM, CCM, GTIV, ENZ, EPOC, SUNH, ADK, MEDH, VHS (Oct 12, 2011)
Below are the top 10 Healthcare Facilities stocks with highest upside
potential, based on the difference between current price and Wall Street
analysts average target price. One Chinese company (CCM) is on the list.
LCA-Vision Inc. (NASDAQ:LCAV) has the 1st highest upside potential in this
segment of the market. Its upside is 260.0%. Its consensus target price is $9.00
based on the average of all estimates. Examworks Group, Inc. (NYSE:EXAM) has the
2nd highest upside potential in this segment of the market. Its upside is
187.9%. Its consensus target price is $25.25 based on the average of all
estimates. Concord Medical Services Hldg Ltd (ADR) (NYSE:CCM) has the 3rd
highest upside potential in this segment of the market. Its upside is 184.4%.
Its consensus target price is $8.68 based on the average of all estimates.
Gentiva Health Services, Inc. (NASDAQ:GTIV) has the 4th highest upside potential
in this segment of the market. Its upside is 166.9%. Its consensus target price
is $10.25 based on the average of all estimates. Enzo Biochem, Inc. (NYSE:ENZ)
has the 5th highest upside potential in this segment of the market. Its upside
is 150.9%. Its consensus target price is $7.00 based on the average of all
estimates. Epocrates, Inc. (NASDAQ:EPOC) has the 6th highest upside potential in
this segment of the market. Its upside is 128.4%. Its consensus target price is
$19.25 based on the average of all estimates. Sun Healthcare Group Inc
(NASDAQ:SUNH) has the 7th highest upside potential in this segment of the
market. Its upside is 126.5%. Its consensus target price is $6.23 based on the
average of all estimates. AdCare Health Systems, Inc. (AMEX:ADK) has the 8th
highest upside potential in this segment of the market. Its upside is 117.2%.
Its consensus target price is $8.57 based on the average of all estimates.
Medquist Holdings Inc (NASDAQ:MEDH) has the 9th highest upside potential in this
segment of the market. Its upside is 105.8%. Its consensus target price is
$15.50 based on the average of all estimates. Vanguard Health Systems, Inc.
(NYSE:VHS) has the 10th highest upside potential in this segment of the market.
Its upside is 104.9%. Its consensus target price is $18.96 based on the average
of all estimates.
potential, based on the difference between current price and Wall Street
analysts average target price. One Chinese company (CCM) is on the list.
LCA-Vision Inc. (NASDAQ:LCAV) has the 1st highest upside potential in this
segment of the market. Its upside is 260.0%. Its consensus target price is $9.00
based on the average of all estimates. Examworks Group, Inc. (NYSE:EXAM) has the
2nd highest upside potential in this segment of the market. Its upside is
187.9%. Its consensus target price is $25.25 based on the average of all
estimates. Concord Medical Services Hldg Ltd (ADR) (NYSE:CCM) has the 3rd
highest upside potential in this segment of the market. Its upside is 184.4%.
Its consensus target price is $8.68 based on the average of all estimates.
Gentiva Health Services, Inc. (NASDAQ:GTIV) has the 4th highest upside potential
in this segment of the market. Its upside is 166.9%. Its consensus target price
is $10.25 based on the average of all estimates. Enzo Biochem, Inc. (NYSE:ENZ)
has the 5th highest upside potential in this segment of the market. Its upside
is 150.9%. Its consensus target price is $7.00 based on the average of all
estimates. Epocrates, Inc. (NASDAQ:EPOC) has the 6th highest upside potential in
this segment of the market. Its upside is 128.4%. Its consensus target price is
$19.25 based on the average of all estimates. Sun Healthcare Group Inc
(NASDAQ:SUNH) has the 7th highest upside potential in this segment of the
market. Its upside is 126.5%. Its consensus target price is $6.23 based on the
average of all estimates. AdCare Health Systems, Inc. (AMEX:ADK) has the 8th
highest upside potential in this segment of the market. Its upside is 117.2%.
Its consensus target price is $8.57 based on the average of all estimates.
Medquist Holdings Inc (NASDAQ:MEDH) has the 9th highest upside potential in this
segment of the market. Its upside is 105.8%. Its consensus target price is
$15.50 based on the average of all estimates. Vanguard Health Systems, Inc.
(NYSE:VHS) has the 10th highest upside potential in this segment of the market.
Its upside is 104.9%. Its consensus target price is $18.96 based on the average
of all estimates.
U.K. Stocks Climb as Lenders, Mining Companies Rally on Euro-Area Optimism
U.K. Stocks Climb as Lenders, Mining Companies Rally on Euro-Area Optimism
Bloomberg - 26 minutes ago By Sarah Jones - Wed Oct 12 14:53:26 GMT 2011 UK
stocks climbed, led by a rally in financial and mining companies, amid growing
optimism that euro-area policy makers will contain the regions debt ...
Bloomberg - 26 minutes ago By Sarah Jones - Wed Oct 12 14:53:26 GMT 2011 UK
stocks climbed, led by a rally in financial and mining companies, amid growing
optimism that euro-area policy makers will contain the regions debt ...
What It Will Take to Change the Market’s Trend
Stocks closed mixed yesterday following a dull session in which investors
focused on the small country ofSlovakia.Slovakiawas the last of 17 countries in
the euro zone to vote yesterday on an expansion of the zone's rescue fund. The
world waited but the final decision, a rejection, came after stock markets in
the west were closed. The obsessive focus on Europe and its impact on
theU.S.markets may be warranted due to the global nature of business. But it
could also be the result of the public's withdrawal from stocks, which results
in an overall condition much like war days of boredom punctuated by hours of
sheer terror. Just 882 million shares traded on the NYSE yesterday and 441
million on the Nasdaq. And on both the Big Board and Nasdaq, advancers exceeded
decliners by about 1.5-to-1. Nevertheless the CBOE Volatility Index (VIX) still
hangs over the market threatening to again turn calm into chaos. The index
closed yesterday at the lower end of its two-month range but still above 30 a
number which is generally thought to be the beginning of high volatility that
favors the bears. It is sometimes helpful to view long-term charts with a
cluster of moving averages. These charts give perspective to the current market
because the formations are so similar. Note the failures of prices to break
through these clusters in this weekly chart going back to 1996 and how quickly
prices fell afterward. (Please excuse the quality of the chart and thanks to
Ciovacco Capital Management for the long-term idea.) One of the lines in the
long-term chart was a 300-day moving average. If past is prologue, then the
resistance from 1,220 to 1,230 is a very important area of overhead congestion.
A break above that line would probably lead to a test of the neckline at 1,260
and the change of the overall trend from down to sideways. But a failure could
lead to another leg down. Experienced traders like my colleague Joe Burns are
able to lock in profits no matter what the market is doing. In fact, he just
captured profits of 43%, 50% and 57% in only one day. You can check out his
system here. Todays Trading Landscape To see a list of the companies reporting
earnings today, click here . For a list of this weeks economic reports due out,
click here .
focused on the small country ofSlovakia.Slovakiawas the last of 17 countries in
the euro zone to vote yesterday on an expansion of the zone's rescue fund. The
world waited but the final decision, a rejection, came after stock markets in
the west were closed. The obsessive focus on Europe and its impact on
theU.S.markets may be warranted due to the global nature of business. But it
could also be the result of the public's withdrawal from stocks, which results
in an overall condition much like war days of boredom punctuated by hours of
sheer terror. Just 882 million shares traded on the NYSE yesterday and 441
million on the Nasdaq. And on both the Big Board and Nasdaq, advancers exceeded
decliners by about 1.5-to-1. Nevertheless the CBOE Volatility Index (VIX) still
hangs over the market threatening to again turn calm into chaos. The index
closed yesterday at the lower end of its two-month range but still above 30 a
number which is generally thought to be the beginning of high volatility that
favors the bears. It is sometimes helpful to view long-term charts with a
cluster of moving averages. These charts give perspective to the current market
because the formations are so similar. Note the failures of prices to break
through these clusters in this weekly chart going back to 1996 and how quickly
prices fell afterward. (Please excuse the quality of the chart and thanks to
Ciovacco Capital Management for the long-term idea.) One of the lines in the
long-term chart was a 300-day moving average. If past is prologue, then the
resistance from 1,220 to 1,230 is a very important area of overhead congestion.
A break above that line would probably lead to a test of the neckline at 1,260
and the change of the overall trend from down to sideways. But a failure could
lead to another leg down. Experienced traders like my colleague Joe Burns are
able to lock in profits no matter what the market is doing. In fact, he just
captured profits of 43%, 50% and 57% in only one day. You can check out his
system here. Todays Trading Landscape To see a list of the companies reporting
earnings today, click here . For a list of this weeks economic reports due out,
click here .
Todays Gold Price Per Ounce; Google Gold Miners Stock Quote GDX ETF; Silver Price Per Ounce; Spot gold Spot silver prices Today
XCSFDHG46767FHJHJF
dow2664 Metals and miners were weak sectors during the last trading session in the U.S. Gold and silver contract prices closed out the last trading session of the day on opposite sides of break-even. Gold contract finished red, and silver contract closed out in the green. Officially, gold contract for December delivery closed out lower by .59 percent or negative 9.80 at 1661 per troy ounce. Silver contract for December delivery closed out the last session higher by .06 percent at 32 per troy ounce. After session close, analysis of spot gold and spot silver prices revealed that both precious metal prices were trending in the red. Spot gold price per gram was red by .18 at 53.53. Spot silver price per ounce was red by .07 at 31.91. Overall, both metals continue to struggle. One month change of price trends is negative for both metals. One month change status for gold price is negative by 8.59 percent. One month change status for silver is negative by almost 21 percent. The latter half of September was especially challenging for precious metal silver as it dropped off by approximately 10 dollars per ounce. Gold stocks experienced negative action during the last session due, in part, to a noteworthy sell-off of gold bullion. Market Vectors Gold Miners ETF closed out the last session in the green according to Google Finance. GDX closed out the day higher by .12 percent or positive .07 to close at 56.91. Previous close for Market Vectors Gold Miners ETf was 56.84. Camillo Zucari
The 4 Sectors to Buy Next
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Serge Berger is the head trader and investment strategist for The Steady Trader . Sign up for his free weekly newsletter . After an out-of-the-gate rally on Monday that lasted all day and closed at its highs, Tuesday was marked by some hand sitting as majorU.S.equity indices digested the massive 9% gains in the case of the S&P 500 of the past six trading days. The Russell 2000, much like the S&P 500, has rallied sharply off last week's lows and sits just below its 50-day simple moving average and at a downtrend line measured off the September highs. On the hourly chart, note that the stochastics are overbought and a measure Fibonacci retracement of between 50% and 61.8% would bring this small-cap index down to the 635 to 650 area. Given the sharp rally off the lows from last week, it currently looks like those levels should hold as support and then give way to higher levels for the next six to seven weeks or so. A good chart to watch for risk-taking appetite is that of the AUD/USD forex cross rate. I have flagged this currency cross often in recent weeks and said that a move lower would be bearish for equities. Last week, the AUD/USD left a long weekly tail on its chart and found support right at a crucial support level on oversold stochastics. For now this is bullish not only for the AUD/USD but also for equities.
Top 10 Fastest-Growing Large Cap Stocks: LVS, BIDU, WYNN, MPC, GMCR, AA, EOG, ALXN, CRM, HAL (Oct 11, 2011)
Below are the top 10 fastest-growing Large Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 51.7%. This number is based on the average estimate of
5 brokerage analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the second
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. Wynn Resorts, Limited (NASDAQ:WYNN) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 47.0%. This number is based on the average estimate of
6 brokerage analysts. Marathon Petroleum Corp (NYSE:MPC) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 45.7%. This number is based on the average estimate of
3 brokerage analysts. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the
fifth fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 41.2%. This number is based on the average estimate
of 6 brokerage analysts. Alcoa Inc. (NYSE:AA) is the sixth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
37.3%. This number is based on the average estimate of 1 brokerage analysts. EOG
Resources, Inc. (NYSE:EOG) is the seventh fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 36.5%. This
number is based on the average estimate of 4 brokerage analysts. Alexion
Pharmaceuticals, Inc. (NASDAQ:ALXN) is the eighth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 35.8%.
This number is based on the average estimate of 10 brokerage analysts.
salesforce.com, inc. (NYSE:CRM) is the ninth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 27.0%.
This number is based on the average estimate of 9 brokerage analysts.
Halliburton Company (NYSE:HAL) is the 10th fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 26.8%. This
number is based on the average estimate of 9 brokerage analysts.
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 51.7%. This number is based on the average estimate of
5 brokerage analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the second
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. Wynn Resorts, Limited (NASDAQ:WYNN) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 47.0%. This number is based on the average estimate of
6 brokerage analysts. Marathon Petroleum Corp (NYSE:MPC) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 45.7%. This number is based on the average estimate of
3 brokerage analysts. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is the
fifth fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 41.2%. This number is based on the average estimate
of 6 brokerage analysts. Alcoa Inc. (NYSE:AA) is the sixth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
37.3%. This number is based on the average estimate of 1 brokerage analysts. EOG
Resources, Inc. (NYSE:EOG) is the seventh fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 36.5%. This
number is based on the average estimate of 4 brokerage analysts. Alexion
Pharmaceuticals, Inc. (NASDAQ:ALXN) is the eighth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 35.8%.
This number is based on the average estimate of 10 brokerage analysts.
salesforce.com, inc. (NYSE:CRM) is the ninth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 27.0%.
This number is based on the average estimate of 9 brokerage analysts.
Halliburton Company (NYSE:HAL) is the 10th fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 26.8%. This
number is based on the average estimate of 9 brokerage analysts.
Todays Gold Price Per Ounce; Google Gold Miners Stock Quote GDX ETF; Silver Price Per Ounce; Spot gold Spot silver prices Today
Metals and miners were weak sectors during the last trading session in the U.S.
Gold and silver contract prices closed out the last trading session of the day
on opposite sides of break-even. Gold contract finished red, and silver contract
closed out in the green. Officially, gold contract for December delivery closed
out lower by .59 percent or negative 9.80 at 1661 per troy ounce. Silver
contract for December delivery closed out the last session higher by .06 percent
at 32 per troy ounce. After session close, analysis of spot gold and spot silver
prices revealed that both precious metal prices were trending in the red. Spot
gold price per gram was red by .18 at 53.53. Spot silver price per ounce was red
by .07 at 31.91. Overall, both metals continue to struggle. One month change of
price trends is negative for both metals. One month change status for gold price
is negative by 8.59 percent. One month change status for silver is negative by
almost 21 percent. The latter half of September was especially challenging for
precious metal silver as it dropped off by approximately 10 dollars per ounce.
Gold stocks experienced negative action during the last session due, in part, to
a noteworthy sell-off of gold bullion. Market Vectors Gold Miners ETF closed out
the last session in the green according to Google Finance. GDX closed out the
day higher by .12 percent or positive .07 to close at 56.91. Previous close for
Market Vectors Gold Miners ETf was 56.84. Camillo Zucari
Gold and silver contract prices closed out the last trading session of the day
on opposite sides of break-even. Gold contract finished red, and silver contract
closed out in the green. Officially, gold contract for December delivery closed
out lower by .59 percent or negative 9.80 at 1661 per troy ounce. Silver
contract for December delivery closed out the last session higher by .06 percent
at 32 per troy ounce. After session close, analysis of spot gold and spot silver
prices revealed that both precious metal prices were trending in the red. Spot
gold price per gram was red by .18 at 53.53. Spot silver price per ounce was red
by .07 at 31.91. Overall, both metals continue to struggle. One month change of
price trends is negative for both metals. One month change status for gold price
is negative by 8.59 percent. One month change status for silver is negative by
almost 21 percent. The latter half of September was especially challenging for
precious metal silver as it dropped off by approximately 10 dollars per ounce.
Gold stocks experienced negative action during the last session due, in part, to
a noteworthy sell-off of gold bullion. Market Vectors Gold Miners ETF closed out
the last session in the green according to Google Finance. GDX closed out the
day higher by .12 percent or positive .07 to close at 56.91. Previous close for
Market Vectors Gold Miners ETf was 56.84. Camillo Zucari
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