Stocks soared yesterday following an agreement by European Union leaders to
increase their bailout fund to $1.4 trillion dollars, recapitalize their banks,
and agree to a voluntary 50% hair-cut on Greek sovereign bonds. And the euro
jumped 2.3% to $1.419, its best performance of the year. The S&P 500 rose 3.43%,
Nasdaq was up 3.32%, and the DJIA rose 2.86% backed by an increase in volume.
The NYSE traded 1.4 billion shares and Nasdaq crossed 736 million shares—both
significantly higher than the average daily volume of the last two weeks which
was under 1 billion shares. Advancers exceeded decliners by 7-to-1 on the Big
Board and 5-to-1 on Nasdaq. Click to Enlarge To put it mildly—Nasdaq had a
technical breakout. But the close above its 200-day moving average does not
establish a new bull market. However it does reinforce the bullish point of view
by confirming that the near- and intermediate-term trends are now up. This
should not shock us, as noted earlier this month, high-velocity rallies like
this are common in bear markets. In fact bear-market rallies traditionally move
faster and farther than bull-market rallies because bull markets plod without
the accompanying volatility. The current rally is one of the fastest on record:
The WSJ said that if yesterday was the last day of October, Nasdaq would have
had its best month in points up since January 2001. They failed to note that the
rally in January 2001 was a bear-market rally. It closed the month at
2,261—the bottom was not made until October 2002 at 1,108. Click to Enlarge
Despite some good economic news in the U.S., the focus of the rally was the deal
in Europe. And it had a profound impact on the dollar—driving it to within .32
of its 2011 low. But note that the stochastic issued a buy signal, which is
coincident with a gap that opened from 21.42 to 21.25. Gaps of this nature have
a very high percentage close rate. In other words look for a rally in the buck
soon. This week's break from the resistance zone of 1,220 to 1,230 had a
direct impact on the 500's Relative Strength Index, bumping it to 65.12 from
58.80 in just one day. Click to Enlarge At prior tops this year the RSI hit
67.35 and 67.00. We could be just a day or two from hitting those numbers again.
Conclusion: Yesterday I took the unusual step of entering the following on the
DTA comments section , "The probability of a 'Buying Climax' is very high.
Fib 66.6% retracement of March high to Oct low takes us just above the 200-day
moving average of the 500 at 1,275 and would be the flip side of the selling
climax in early October." This message pertains to short-term trades only. We
obviously did not get a reversal yesterday. But I want to alert our readers to
the fact that conditions now exist that could, at anytime, result in a reversal
down. And a reversal from the current high levels could have almost as much
impact as the reversal up that occurred just 3 ½ weeks ago. Short sellers can
either wait for the reversal or probe the market several times while being
protected with stop-loss orders. But others may want to wait for a definite
signal before shorting. Finally, as we enter the last couple of days of October,
there is a possibility that institutional buyers could commit cash reserves in
an attempt to "not be left behind." The stock market is in a high state of
risk for both buyers and sellers. If you are uncomfortable taking new positions
then sit it out until your comfort level returns. Get Sam Collins trade of the
day: This oversold fracking energy stock has breakout potential Get Serge
Bergers take on the markets: Only a fool would chase this bear market rally .
Thursday, October 27, 2011
Gold Miners' Leverage Effect Is Gone, but for How Long?
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gol2664 Negocioenlinea Gold Miners' Leverage Effect Is Gone, but for How Long? Minyanville.com – 31 minutes ago By Willem Weytjens Oct 27, 2011 19:00 pm Let's have a look at the so-called leverage effect that mining companies are supposed to have on the underlying metal prices. To explain briefly why mining …
Shorting Hyped Up Stocks And The Tools You’ll Need To Be Successful Playing Both Sides Of The Trade
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tdp2664 Penny Stock Live When I first started trading stocks under $10 I only played one side of the trade, the buy side. It didn’t take me long, however, to realize there was a lot of money to be made betting against these hyped up companies. Hype can come from a number of media outlets including stock promotion, the talking heads on television and major media outlets who deliver round after round of speculation to the masses each and every day. Put out the right story and all of America will buy it. When the excitement and demand fizzles the boat tips, traders start to lock in profits, panic selling sets in and the stock invariably sinks into the ocean often retreating further than the starting point. To take advantage of this you can short sell when the boat is tipping and make money on the Titanic. And what stocks are susceptible to the most hype? Yup, yup my friend you guessed it, stocks under $5. Take for example the recent rumor that Eastman Kodak ( NYSE:EK ) was going to sell off their patents. This simple announcement from ‘unnamed sources’ sent EK’s stock flying high to $3.44 in the month of August, 2011 on massive volume. EK is now down 64% since that push. Or how about Justin Bieber touting Options Media Group ( PINK:OPMG ) which is down 87% from its recent highs. The examples are endless so I won’t go any further with that. Let’s shift gears and talk about what tools you’ll need to get started. By far the hardest part of shorting stocks under $5 is finding shares to short. You won’t find them at your retail brokers like Etrade so you’re going to need a new account. I recommend Interactive Brokers for this so get setup with an account if you want to short these hyped up, destined to crash plays with me. Second, you’ll need an account at StockCharts.com so you can scout out overbought stocks. I’ll do a video later on how to setup your custom scan to you tons of time when searching. Finally, you’re going to need to know when it’s time to go short because unlike buying, where you can only lose a predetermined amount, shorting is much more risky because there is no limit to how high a hyped up stock can go before crashing. A good example is a one year chart on Lithium Exploration ( OTCBB:LEXG ) which blew up short sellers accounts back in April. For this you need my premium service which sends Skype, text and email alerts on when to short and when to cover. So to wrap this up you need the following: 1. Interactive Brokers account 2. StockCharts.com account 3. JasonBondPicks Elite Package
The Gold Price Rose $134.80 (8.3%) Over Five Straight Days, How High Will It Go?
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DG365FD46564GFH654FU898 Gold Price Close Today : 1746.70 Change : 24.00 or 1.4% Silver Price Close Today : 3509.6 Change : 180.4 cents or 5.4% Gold Silver Ratio Today : 49.77 Change : -1.976 or -3.8% Silver Gold Ratio Today : 0.02009 Change : 0.000767 or 4.0% Platinum Price Close Today : 1637.00 Change : 45.30 or 2.8% Palladium Price Close Today : 666.25 Change : 20.10 or 3.1% S&P 500 : 1,284.59 Change : 42.59 or 3.4% Dow In GOLD$ : $144.49 Change : $ 2.08 or 1.5% Dow in GOLD oz : 6.989 Change : 0.100 or 1.5% Dow in SILVER oz : 347.86 Change : -8.65 or -2.4% Dow Industrial : 12,208.55 Change : 339.51 or 2.9% US Dollar Index : 75.04 Change : -1.209 or -1.6% The GOLD PRICE and the SILVER PRICE have just proven in the last few days that while I might be a metals optimist, I am not a wild-eyed optimist. What? Well, I caught those upside down head and shoulders patterns on their daily charts, but I far, far underestimated how far they would jump. I didn’t reckon gold would jump much farther than $1,725 or silver than 3400c. But just look at today. The GOLD PRICE has risen $134.80 (8.3%) over five straight days, from $1,611.90 to $1,746.70 today (up $24 or 1.4%). Over the same time SILVER has risen 482.9c (16%) from 3026 to 3509.5c today (up 180.4c or 5.4%). Folks, that’s as good as it gets. That doesn’t guarantee that metals will fall, but think about it. The GOLD PRICE today worked through its 50 DMA (1740.66) and has just about reached the spot where it broke down in late September. Limit to this is $1,775, maybe $1,800 at most, then some sort of correction will take hold. Course I’m not dogmatic about my views. If GOLD passes $1,800 for two days, I’ll gladly put on a grin like a jackass eating sawbriers and say I was wrong and it’s going up after all. That’s the least I could do. And I’m always willing to do the least. The SILVER PRICE has been ratcheting up stepwise, bursting through first one and then the next resistance. Today it was stopped just under 3550c with a 3536c high. SILVER has now left in the dust its 300 dma (3251c) and is drawing a bead on its 200 DMA (3628), with the 50 DMA at 3632). It can easily reach that, but about 3825 it will smack its face right into the downtrend line from the August high, and that might just flatten silver’s nose. Okay, I am slap out of metaphors so I’m going to have to wrap this burrito up. Expect a couple of more up days out of SILVER and GOLD , but keep an eye peeled for a correction. Y’all take a look around, and fix the sight in your minds, because what you are seeing is AS GOOD AS IT GETS. As good as it gets for stocks and the euro, anyway. Forget not, neither lay aside the proverb, “Buy the rumor, sell the news.” Today came the news, about the “fix” for the European sovereign debt crisis. Today, maybe tomorrow, comes your chance to sell stocks and euros. It don’t get no better than this. For all the Dow rose today 2.8%, the Dow in Gold Dollars rose only 1.5% to G$144.65 (6.997 oz). This is a lower high than last Friday’s $148.76 (7.196 oz). Unless DiG$ can close above that high, they are fated, yea, doomed to lose value against gold. For stocks, this is as good as it gets. STOCKS rose like mad today on news that the European sovereign debt crisis (read: “bank solvency crisis”) had been solved by a Bucket (bail out fund) worth 250 bn. Euros that will be leveraged 4 or 5 times, producing an equivalent one trillion euros. Did I just write that? Do this chuckleheads actually believe that they by leverage they will get OUT of the miry swamp that leverage got them INTO? Ahhhh, it doesn’t end there. Where will the money come from to fill up the bucket so the Bucket can buy the bad debts from the banks? Well, they’ll have to BORROW it, which means they go into an already sluggish capital market and throw huge new demands on it and crowd out business borrowers and make credit tighter still. Great idea. Maybe the Chinese will save them? Yeah, that’s it, Europe will trick the Chinese into buying their rotten bonds backed by rotten sovereign debt, and the Chinese won’t notice that at all, right? Yeah, right, those Chinese are notoriously bad with numbers and business. This is fun, but I won’t prolong it because it’s too easy. It’s like shooting holes in Swiss cheese — no challenge. It’s enough to make me stop calling myself a natural born fool. These European fools are giving fooldom a bad name. End result of this deal will be LOTS more Euros born into circulation, which for gold and silver will be like pouring liquid manure on kudzu. Y’all know how to plant kudzu, right? Drop it and run. This “deal” is nothing but a public relations scarecrow. If it didn’t have Sarcophagus and Ferkel holding up its arms and kicking its legs along, it would flop dead on its face. And will, before too long. STOCKS burst through 11,900 resistance today and raced upward a massive 339.51 points (2.8%) to close at 12,208.55. S&P gained way more, up 542.59 points or 5.26% to 1,284.59. Any of y’all ever been drunk? Yes, I know that nice folks like y’all don’t do that sort of thing, buy maybe y’all had a friend that did that once and told you about it. Anyway, a drunk rides a curve. More you drink, better it gets, until pretty soon you are King Of The World and it just don’t get no better. It sure don’t. When gravity resumes control on the downside of that curve, oh, my, you go down very fast, to a very low destination. So after the drunk of the euro “fix” wears off, in a day or so, stocks will drop as fast as they rose. If I am correct and diamond top has already been posted in stocks, stocks will rally to about 12,500 and fail. Now I could have drawn that diamond wrong, and it could be bigger than that, and the Dow could rally to 12,800. Either way, the outcome will be the same as stocks sink like your car keys out of your shirt pocket over the side of the bass boat, seeking the deep bottom of the lake in a hurry. Were I a fan of the US DOLLAR and long dollars, I’d be pretty sore today. Dollar lost a massy 120.9 basis points (1.56%) to end at 75.037. That sure enough looks bad, slicing through that 200 day moving average (75.79) like a samurai sword through half-set jello. Now the dollar might find its feet here in the next or so, or it might fall as far as 74.00 and the bottom boundary of the trading range. Fall thru that, and the dollar has emphatically turned down. Until that happens the dollar’s rally remains in limbo. Y’all ever wonder why I waste my time talking about fiat currency trash like the dollar, yen, and euro? Simply because those weaklings are — get this — gold and silver’s “competition.” At least, for a little longer. As y’all have guessed, the euro gapped up today, burst through its 200 dma (140.79) like it was wet paper, and ended up 2.09% at 141.93. Look around, cause this is as good as it gets. Euro left a gap at 143.50 when it broke down, so might yet trade that high. Rationally, however, the “fix” has weakened the euro the banking system, and the economy far worse than the only real cure would have done: a complete debt jubilee and write off of all the unpayable debt. A clean start, paid by the culprits, the banks and the folks who took a very poor chance on a government, any government, keeping its word. Those people need to be weeded out of the financial and economic gene pool. The Yen rose to another all time high against the US dollar, to 131.67c/Y100 (Y75.95=$1), up 0.31% and straining at the bit to go higher. On 27 October 1787 the first of the Federalist Papers appeared in the New York Independence. The 85 essays, written by Alexander “Central Bank” Hamilton, James Madison, and John Jay, were published under the pen name “Publius.” They offer grand insight into what the drafters of the 1787 constitution intended, but most all of the tyrannies they assured us would never come to pass have, beginning in 1861 and continuing until today. No institution or constitution ever devised can stop human nature’s craving for power over other men. Freedom can never come from such fountains, but only from the hearts of men who are resolved to live free or die. 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 bubble has burst, primary trend down. 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.
Notable News on BIDU, DANG, SINA, SOHU, CYOU (Oct 27, 2011)
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tdp2664 China Analyst Baidu.com, Inc. ( NASDAQ :BIDU) responds to the de-indexing rumor surrounding it for years, Chongqing Chen Bao reports. Zhan Wang, Vice President of Baidu, told reporters that Baidu had never de-indexing a website because of the website not paying Baidu. Mr. Wang also denied the claim that any website can rank No.1 in Baidu's paid ads links as long as it is willing to pay a high price. He said that the ranking is determined by two factors, the bidding price and the quality score. In addition, Baidu has launched the Android Beta3 version of its mobile browser. This new version features Chinese voice search, which enables users to speak and search without typing on handset keyboards. E Commerce China Dangdang Inc (NYSE:DANG) defends its product information. The e-commerce website has blocked the spider of Etao.com, a price-comparison search engine owned by Alibaba Group. According to renowned IT expert Bo Hong, Etao.com's strategy to become a universal gateway to online shopping has brought about significant pressure to its competitors. SINA Corporation's ( NASDAQ :SINA) entering instant messaging market is analyzed by industry experts, Nanfang Daily reports. Internet professional Fan Zeng told reporters that Tencent QQ has already disclosed the fact that its active users have declined for the first time. This shows Weibo has huge impact on QQ. Ai Mei Consulting CEO Yi Zhang thinks that Sina Weibo is still unable to shake the foundation of Tencent QQ. After all, among all the instant messaging software, QQ has already held absolute positions in real-life and business social activities as well as related areas. In addition, Sina has released v2.4.1 of Weibo's iPad app. Paojiao.cn posts a review of the app and concludes that its user interface is fresh and clean, its design is unique, and it's very convenient to use. Another report claims that Tencent is in talks to acquire a minority stake in Kaixin001.com for $40 million. The news is notable because Sina also has a stake in Kaixin001.com. It remains to be seen how all the parties will resolve this issue. Sohu.com Inc. ( NASDAQ :SOHU) will invest 100 million RMB in producing its own video content, China Economic Times reports. Sohu Video's COO Chun Liu told reporters that the company has recently launched 10 original video programs. Sohu has also announced that five TV drama series have surpassed 100 million page views on Sohu Video in the third quarter of 2011. In addition, Gangjiang Li, a former executive at Google China's Shanghai R&D Center, will join Sohu Video next week as Chief Technology Officer. Changyou.com Limited (NASDAQ:CYOU) continues to improve Tian Long Ba Bu 3, reports 17173.com. The company is working hard to develop new content for the online game based on currently popular features. The continued development of Tian Long Ba Bu is a reflection of a quote by Dewen Chen, Changyou's President: “Use products to dominate the market. Use brands to influence the market. Use development to guide and lead the market.”
Screaming Short: Chipotle Mexican Grill
Chipotle Mexican Grill (NYSE: CMG ) makes some mighty tasty dishes. It is also
a great, simple restaurant concept. I believe the company will be around for a
long time, and might even be purchased by a larger company someday. As for right
now, however, the stock is wildly overpriced and screaming short-sell! All of
the companys valuations are out-of-whack by even the most generous metrics for a
high-growth company. It is growing rapidly estimates are for earnings to rise
21% this year, and another 26% next year, on revenue increases of 23% and 19%,
respectively. Even the five-year growth rate is solid at 20%. But the stock
trades at a P/E of … get this … 49! Im all for giving a strong, high-growth
company with mountains of free cash flow a premium, but that's just
ridiculous. And certainly, Chipotles $242 million of trailing-12-month free cash
flow is impressive and bigger than previous years. But it is expensive on every
other valuation metric. The price-to-book ratio is 10.47. Price-to-sales is
4.85. Enterprise value to EBITDA is 24.4. These are all the highest they have
ever been. Lets put it in other terms. The value of each individual McDonalds
(NYSE: MCD ) restaurant in relation to the companys market cap is about $2.87
million. Family members who own stores tell me it takes about $1.4 million to
build a restaurant from scratch, so a mature store would be worth double that.
Chipotle stores cost roughly the same to build, but even if they cost twice as
much, the present value of an individual Chipotle restaurant is $9.47 million.
Theres no way that makes sense! Next, the company itself disclosed that
"inflationary pressures and freezes in Mexico and Florida" are impacting it.
As the company said, "Due to continued inflationary pressures, we expect food
costs primarily dairy and meats to increase further in the second half of the
year. However, we expect food costs as a percent of revenue to decrease in the
second half of 2011 due to menu price increases. The company is in a tight spot
with costs, and it expects consumers to absorb those cost increases. If the
economy fails to recover, I would not be so optimistic. I also dont care for the
same-store sales numbers. Yes, they were up 11.3%, but that was partially
triggered by a 4.5% menu price increase. Management also guided same-store
numbers into the low-single-digits for 2012. Read that again not high digits,
but low. I think analyst estimates are actually a bit high as a result. Ive seen
this story before. Look at the chart of Cheesecake Factory (NASDAQ: CAKE ) and
the chart of P.F. Changs China Bistro (NASDAQ: PFCB ).
a great, simple restaurant concept. I believe the company will be around for a
long time, and might even be purchased by a larger company someday. As for right
now, however, the stock is wildly overpriced and screaming short-sell! All of
the companys valuations are out-of-whack by even the most generous metrics for a
high-growth company. It is growing rapidly estimates are for earnings to rise
21% this year, and another 26% next year, on revenue increases of 23% and 19%,
respectively. Even the five-year growth rate is solid at 20%. But the stock
trades at a P/E of … get this … 49! Im all for giving a strong, high-growth
company with mountains of free cash flow a premium, but that's just
ridiculous. And certainly, Chipotles $242 million of trailing-12-month free cash
flow is impressive and bigger than previous years. But it is expensive on every
other valuation metric. The price-to-book ratio is 10.47. Price-to-sales is
4.85. Enterprise value to EBITDA is 24.4. These are all the highest they have
ever been. Lets put it in other terms. The value of each individual McDonalds
(NYSE: MCD ) restaurant in relation to the companys market cap is about $2.87
million. Family members who own stores tell me it takes about $1.4 million to
build a restaurant from scratch, so a mature store would be worth double that.
Chipotle stores cost roughly the same to build, but even if they cost twice as
much, the present value of an individual Chipotle restaurant is $9.47 million.
Theres no way that makes sense! Next, the company itself disclosed that
"inflationary pressures and freezes in Mexico and Florida" are impacting it.
As the company said, "Due to continued inflationary pressures, we expect food
costs primarily dairy and meats to increase further in the second half of the
year. However, we expect food costs as a percent of revenue to decrease in the
second half of 2011 due to menu price increases. The company is in a tight spot
with costs, and it expects consumers to absorb those cost increases. If the
economy fails to recover, I would not be so optimistic. I also dont care for the
same-store sales numbers. Yes, they were up 11.3%, but that was partially
triggered by a 4.5% menu price increase. Management also guided same-store
numbers into the low-single-digits for 2012. Read that again not high digits,
but low. I think analyst estimates are actually a bit high as a result. Ive seen
this story before. Look at the chart of Cheesecake Factory (NASDAQ: CAKE ) and
the chart of P.F. Changs China Bistro (NASDAQ: PFCB ).
Notable News on BIDU, DANG, SINA, SOHU, CYOU (Oct 27, 2011)
Baidu.com, Inc. (NASDAQ:BIDU) responds to the de-indexing rumor surrounding it
for years, Chongqing Chen Bao reports. Zhan Wang, Vice President of Baidu, told
reporters that Baidu had never de-indexing a website because of the website not
paying Baidu. Mr. Wang also denied the claim that any website can rank No.1 in
Baidus paid ads links as long as it is willing to pay a high price. He said that
the ranking is determined by two factors, the bidding price and the quality
score. In addition, Baidu has launched the Android Beta3 version of its mobile
browser. This new version features Chinese voice search, which enables users to
speak and search without typing on handset keyboards. E Commerce China Dangdang
Inc (NYSE:DANG) defends its product information. The e-commerce website has
blocked the spider of Etao.com, a price-comparison search engine owned by
Alibaba Group. According to renowned IT expert Bo Hong, Etao.coms strategy to
become a universal gateway to online shopping has brought about significant
pressure to its competitors. SINA Corporations (NASDAQ:SINA) entering instant
messaging market is analyzed by industry experts, Nanfang Daily reports.
Internet professional Fan Zeng told reporters that Tencent QQ has already
disclosed the fact that its active users have declined for the first time. This
shows Weibo has huge impact on QQ. Ai Mei Consulting CEO Yi Zhang thinks that
Sina Weibo is still unable to shake the foundation of Tencent QQ. After all,
among all the instant messaging software, QQ has already held absolute positions
in real-life and business social activities as well as related areas. In
addition, Sina has released v2.4.1 of Weibos iPad app. Paojiao.cn posts a review
of the app and concludes that its user interface is fresh and clean, its design
is unique, and its very convenient to use. Another report claims that Tencent is
in talks to acquire a minority stake in Kaixin001.com for $40 million. The news
is notable because Sina also has a stake in Kaixin001.com. It remains to be seen
how all the parties will resolve this issue. Sohu.com Inc. (NASDAQ:SOHU) will
invest 100 million RMB in producing its own video content, China Economic Times
reports. Sohu Videos COO Chun Liu told reporters that the company has recently
launched 10 original video programs. Sohu has also announced that five TV drama
series have surpassed 100 million page views on Sohu Video in the third quarter
of 2011. In addition, Gangjiang Li, a former executive at Google Chinas Shanghai
R&D Center, will join Sohu Video next week as Chief Technology Officer.
Changyou.com Limited (NASDAQ:CYOU) continues to improve Tian Long Ba Bu 3,
reports 17173.com. The company is working hard to develop new content for the
online game based on currently popular features. The continued development of
Tian Long Ba Bu is a reflection of a quote by Dewen Chen, Changyous President:
"Use products to dominate the market. Use brands to influence the market. Use
development to guide and lead the market."
for years, Chongqing Chen Bao reports. Zhan Wang, Vice President of Baidu, told
reporters that Baidu had never de-indexing a website because of the website not
paying Baidu. Mr. Wang also denied the claim that any website can rank No.1 in
Baidus paid ads links as long as it is willing to pay a high price. He said that
the ranking is determined by two factors, the bidding price and the quality
score. In addition, Baidu has launched the Android Beta3 version of its mobile
browser. This new version features Chinese voice search, which enables users to
speak and search without typing on handset keyboards. E Commerce China Dangdang
Inc (NYSE:DANG) defends its product information. The e-commerce website has
blocked the spider of Etao.com, a price-comparison search engine owned by
Alibaba Group. According to renowned IT expert Bo Hong, Etao.coms strategy to
become a universal gateway to online shopping has brought about significant
pressure to its competitors. SINA Corporations (NASDAQ:SINA) entering instant
messaging market is analyzed by industry experts, Nanfang Daily reports.
Internet professional Fan Zeng told reporters that Tencent QQ has already
disclosed the fact that its active users have declined for the first time. This
shows Weibo has huge impact on QQ. Ai Mei Consulting CEO Yi Zhang thinks that
Sina Weibo is still unable to shake the foundation of Tencent QQ. After all,
among all the instant messaging software, QQ has already held absolute positions
in real-life and business social activities as well as related areas. In
addition, Sina has released v2.4.1 of Weibos iPad app. Paojiao.cn posts a review
of the app and concludes that its user interface is fresh and clean, its design
is unique, and its very convenient to use. Another report claims that Tencent is
in talks to acquire a minority stake in Kaixin001.com for $40 million. The news
is notable because Sina also has a stake in Kaixin001.com. It remains to be seen
how all the parties will resolve this issue. Sohu.com Inc. (NASDAQ:SOHU) will
invest 100 million RMB in producing its own video content, China Economic Times
reports. Sohu Videos COO Chun Liu told reporters that the company has recently
launched 10 original video programs. Sohu has also announced that five TV drama
series have surpassed 100 million page views on Sohu Video in the third quarter
of 2011. In addition, Gangjiang Li, a former executive at Google Chinas Shanghai
R&D Center, will join Sohu Video next week as Chief Technology Officer.
Changyou.com Limited (NASDAQ:CYOU) continues to improve Tian Long Ba Bu 3,
reports 17173.com. The company is working hard to develop new content for the
online game based on currently popular features. The continued development of
Tian Long Ba Bu is a reflection of a quote by Dewen Chen, Changyous President:
"Use products to dominate the market. Use brands to influence the market. Use
development to guide and lead the market."
Gold Miners' Leverage Effect Is Gone, but for How Long?
Gold Miners Leverage Effect Is Gone, but for How Long? Minyanville.com - 31
minutes ago By Willem Weytjens Oct 27, 2011 19:00 pm Lets have a look at the
so-called leverage effect that mining companies are supposed to have on the
underlying metal prices. To explain briefly why mining ...
minutes ago By Willem Weytjens Oct 27, 2011 19:00 pm Lets have a look at the
so-called leverage effect that mining companies are supposed to have on the
underlying metal prices. To explain briefly why mining ...
Gold Win Streak Hits Five, Dow Eyes Best Month Since Jan ’87
Gold futures advanced Thursday amid a broad-based rally on Wall Street after
euro zone officials agreed to a more robust financial rescue package to combat
the European sovereign debt crisis. COMEX gold futures for December 2011
delivery settled higher by $24.20, or 1.4%, at $1,747.70 per ounce.
euro zone officials agreed to a more robust financial rescue package to combat
the European sovereign debt crisis. COMEX gold futures for December 2011
delivery settled higher by $24.20, or 1.4%, at $1,747.70 per ounce.
Amazon Pros & Cons: Is AMZN a Buy or Sell?
Shares of Amazon (NASDAQ: AMZN ) fell 11% on Wednesday after a disappointing
earnings report earlier in the week but gained 4% back Thursday. In the
aftermath of this volatility, many investors are wondering, "What's next?"
It's not easy to say. On one hand, AMZN stock still is up 15% since Jan. 1 and
up 60% since 2010. On the other hand, there's a lot to be said for knowing
when the ride is over and there are warning signs things could be getting rocky
for Amazon. But never fear. Today we'll make sense of the mayhem with a hard
look at the pros and cons of Amazon, finishing with a clear decision on whether
now is the time to buy or sell this tech giant. Enter the Kindle Fire
Sweepstakes! Keep reading for details on how to win your very own Kindle Fire
tablet, and find out for yourself if the device will live up to its very high
expectations. Let's take a look now at the pros and cons of Amazon stock:
earnings report earlier in the week but gained 4% back Thursday. In the
aftermath of this volatility, many investors are wondering, "What's next?"
It's not easy to say. On one hand, AMZN stock still is up 15% since Jan. 1 and
up 60% since 2010. On the other hand, there's a lot to be said for knowing
when the ride is over and there are warning signs things could be getting rocky
for Amazon. But never fear. Today we'll make sense of the mayhem with a hard
look at the pros and cons of Amazon, finishing with a clear decision on whether
now is the time to buy or sell this tech giant. Enter the Kindle Fire
Sweepstakes! Keep reading for details on how to win your very own Kindle Fire
tablet, and find out for yourself if the device will live up to its very high
expectations. Let's take a look now at the pros and cons of Amazon stock:
Gold Shares Rally, ABX, AEM and GG Release Earnings
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DG365FD46564GFH654FU898 Gold shares rallied Thursday alongside the yellow metal and broader equity markets, with the AMEX Gold Bugs Index (HUI) rising 2.0% to 567.86 in afternoon trading.
Gold, Silver Turn Higher, Markets Soar
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures turned higher in late morning trading Thursday, with the COMEX December 2011 contract rising $13.00, or 0.8%, to $1,736.50 per ounce. In overnight trading the yellow metal fell to as low as $1,707.50 per ounce, but rebounded alongside the broader markets following the enhanced financial assistance plan announced by European policymakers. Silver futures outperformed the yellow metal, with the COMEX December 2011 contract rising $1.54, or 4.6%, to $34.85 per ounce. Precious metals were lifted in part by weakness in the U.S. dollar, which slid 1.6% against a basket of foreign currencies. Gold and silver shares rallied as well, with the Philadelphia Gold & Silver Index (XAU) advancing 2.2% to 201.95. As for the broader markets, they maintained the large majority of their gains as morning trading proceeded.
Thursday Apple Rumors — Apple Wants You to Be the Controller
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tdp2664 InvestorPlace Here are your Apple rumors and news items for Thursday: Motion Controlled Apple iPad, iPhone and HDTV: Considering that Steve Jobs told biographer Walter Isaacson the Apple HDTV would have “the simplest interface,” it’s difficult to imagine that the device would have anything but a motion-controlled interface. A modern, simple living room television wouldn’t use a remote control or a touchscreen or even a mouse and keyboard. Those options are alternately too complicated and inconvenient for the average living room. The only option is gesture-based motion controls akin to those used by Microsoft ‘s ( NASDAQ : MSFT ) Kinect. An Apple ( NASDAQ : AAPL ) patent made public this week suggests Apple will use this technology. The patent, “Real Time Video Process Control Using Gestures,” actually describes video-editing technology for the iPhone and iPad that will let users gesture to activate recording tools , according to Apple Insider . An iPhone owner, for example, could set his device on a surface like any other video camera, get in position, then wave his hand to begin filming. The technology, of course, could be applied to any Apple-made device for whatever purpose without necessarily infringing on patents held by Microsoft. iPad 3 Woes: Word is that Apple is preparing a new iPad for release in early 2012 with a new high-definition screen similar to the Retina Display screen used in current models of iPhone. The new iPad likely would release by the end of the first quarter, not unlike its predecessors. However, a Thursday report at CNET said Apple mighthave trouble getting the iPad 3 out by then. Sources within the company’s Asian suppliers said Apple indeed is preparing a high-resolution iPad whose “pixel density is so high your eye is unable to distinguish individual pixels.” Making the screen is possible, but making them in the necessary quantities might not be . Apple’s screen suppliers LG and Samsung (PINK: SSNLF ) would begin production of the new model in November, but the article suggests that even with three months ahead of time, they might not be able to produce enough of the HD touchscreens to fulfill the millions-strong orders necessary for a strong product release. DirecTV Comes to iPad: Like Comcast ( NASDAQ : CMCSA ) and Time Warner (NYSE: TWX ) before it, DirecTV (NASDAQ: DTV ) now is letting its subscribers stream a limited selection of television shows on their iPads. But there’s a hitch. According to a Wednesday report at 9 to 5 Mac , DirecTV’s streaming app will not work on jailbroken iPads . For those unfamiliar, jailbreaking refers to hacking an iPhone, iPad or iPod Touch so it can run apps and perform in ways not approved by Apple (though it can be applied to other manufacturers’ devices as well.) The FCC declared jailbreaking legal in 2010 . As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Is Amazon a Broken Stock?
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tdp2664 InvestorPlace Click to Enlarge After 14-plus years as a public company, it appears valuation finally might matter for Amazon ( NASDAQ : AMZN ). The stock has fallen sharply in the wake of Tuesday's earnings miss, leading to rumblings that it is no longer worth a triple-digit multiple. The debate about Amazon's valuation has raged for years: The bulls say it's destined to become the online Wal-Mart (NYSE: WMT ); bears see it as just a glorified, overvalued retailer. The truth probably lies somewhere in the middle. But the more important question right now is whether the Amazon story is broken — and its valuation is an important piece of the answer. This earnings season has seen the collapse — or continued collapse — of a number of high-fliers that have missed earnings or reported bad news. Most notable among these are Netflix ( NASDAQ : NFLX ), Green Mountain Coffee Roasters ( NASDAQ : GMCR ), Crocs (NASDAQ: CROX ) and Research in Motion (NASDAQ: RIMM ). All are classic "broken" growth stories now, where shares are down 50% or more and the chances of recapturing their past glory — and rich valuations — seem slim. On the other side of the ledger, we have Apple (NASDAQ: AAPL ) and IBM (NYSE: IBM ), which have held up well after missing earnings thanks to investors' continued confidence in their management and business model. The challenge is to determine in which of the two categories Amazon should be placed. It might be too early to call Amazon a broken stock, as it held both its long-term trend line and its 200-day moving average on the post-earnings sell-off. From a fundamental standpoint, the 44% sales growth that headlined the report shows AMZN still is in its rapid-growth phase. Still, the days of putting Amazon in the same class as the Apples and Googles of the world appear to be over — at least for now. Here's why: After reporting sharply rising costs, Amazon now is a “show-me” stock. And not just any show-me stock, but one that's still trading at 63 times 2012 estimates and with a PEG of 4.4. With this report now behind us, we enter a long wait-and-see period until the next report in mid-January. In the meantime, Amazon’s sales tax issue again is threatening to make headlines. Holding such a richly valued stock when it has something to prove, and when it has the potential to take a hit from additional negative news flow, is a dicey proposition.
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Is Amazon a Broken Stock?
Click to Enlarge After 14-plus years as a public company, it appears valuation
finally might matter for Amazon (NASDAQ: AMZN ). The stock has fallen sharply in
the wake of Tuesday's earnings miss, leading to rumblings that it is no longer
worth a triple-digit multiple. The debate about Amazon's valuation has raged
for years: The bulls say it's destined to become the online Wal-Mart (NYSE:
WMT ); bears see it as just a glorified, overvalued retailer. The truth probably
lies somewhere in the middle. But the more important question right now is
whether the Amazon story is broken and its valuation is an important piece of
the answer. This earnings season has seen the collapse or continued collapse
of a number of high-fliers that have missed earnings or reported bad news. Most
notable among these are Netflix (NASDAQ: NFLX ), Green Mountain Coffee Roasters
(NASDAQ: GMCR ), Crocs (NASDAQ: CROX ) and Research in Motion (NASDAQ: RIMM ).
All are classic "broken" growth stories now, where shares are down 50% or
more and the chances of recapturing their past glory and rich valuations seem
slim. On the other side of the ledger, we have Apple (NASDAQ: AAPL ) and IBM
(NYSE: IBM ), which have held up well after missing earnings thanks to
investors' continued confidence in their management and business model. The
challenge is to determine in which of the two categories Amazon should be
placed. It might be too early to call Amazon a broken stock, as it held both its
long-term trend line and its 200-day moving average on the post-earnings
sell-off. From a fundamental standpoint, the 44% sales growth that headlined the
report shows AMZN still is in its rapid-growth phase. Still, the days of putting
Amazon in the same class as the Apples and Googles of the world appear to be
over at least for now. Here's why: After reporting sharply rising costs,
Amazon now is a show-me stock. And not just any show-me stock, but one that's
still trading at 63 times 2012 estimates and with a PEG of 4.4. With this report
now behind us, we enter a long wait-and-see period until the next report in
mid-January. In the meantime, Amazons sales tax issue again is threatening to
make headlines. Holding such a richly valued stock when it has something to
prove, and when it has the potential to take a hit from additional negative news
flow, is a dicey proposition.
finally might matter for Amazon (NASDAQ: AMZN ). The stock has fallen sharply in
the wake of Tuesday's earnings miss, leading to rumblings that it is no longer
worth a triple-digit multiple. The debate about Amazon's valuation has raged
for years: The bulls say it's destined to become the online Wal-Mart (NYSE:
WMT ); bears see it as just a glorified, overvalued retailer. The truth probably
lies somewhere in the middle. But the more important question right now is
whether the Amazon story is broken and its valuation is an important piece of
the answer. This earnings season has seen the collapse or continued collapse
of a number of high-fliers that have missed earnings or reported bad news. Most
notable among these are Netflix (NASDAQ: NFLX ), Green Mountain Coffee Roasters
(NASDAQ: GMCR ), Crocs (NASDAQ: CROX ) and Research in Motion (NASDAQ: RIMM ).
All are classic "broken" growth stories now, where shares are down 50% or
more and the chances of recapturing their past glory and rich valuations seem
slim. On the other side of the ledger, we have Apple (NASDAQ: AAPL ) and IBM
(NYSE: IBM ), which have held up well after missing earnings thanks to
investors' continued confidence in their management and business model. The
challenge is to determine in which of the two categories Amazon should be
placed. It might be too early to call Amazon a broken stock, as it held both its
long-term trend line and its 200-day moving average on the post-earnings
sell-off. From a fundamental standpoint, the 44% sales growth that headlined the
report shows AMZN still is in its rapid-growth phase. Still, the days of putting
Amazon in the same class as the Apples and Googles of the world appear to be
over at least for now. Here's why: After reporting sharply rising costs,
Amazon now is a show-me stock. And not just any show-me stock, but one that's
still trading at 63 times 2012 estimates and with a PEG of 4.4. With this report
now behind us, we enter a long wait-and-see period until the next report in
mid-January. In the meantime, Amazons sales tax issue again is threatening to
make headlines. Holding such a richly valued stock when it has something to
prove, and when it has the potential to take a hit from additional negative news
flow, is a dicey proposition.
Gold Shares Rally, ABX, AEM and GG Release Earnings
Gold shares rallied Thursday alongside the yellow metal and broader equity
markets, with the AMEX Gold Bugs Index (HUI) rising 2.0% to 567.86 in afternoon
trading.
markets, with the AMEX Gold Bugs Index (HUI) rising 2.0% to 567.86 in afternoon
trading.
Amazon.com (NASDAQ:AMZN) Gets Approval For Book Depository Acquisition
Amazon.com (NASDAQ:AMZN) has received OFT approval to proceed with its Book
Depository acquisition. Amazon.com (NASDAQ:AMZN) Gets Approval For Book
Depository Acquisition The online retailer Amazon.com (NASDAQ:AMZN) has
announced that the UK's Office of Fair Trading (OFT) has approved the proposed
acquisition of the largest UK online bookseller Book Depository. The OFT said
that small increment to Amazon.com (NASDAQ:AMZN)'s position does not raise
competition issues. Book Depository was founded in 2004 and it sells books
through its own website and Amazon.com (NASDAQ:AMZN) Marketplace. The Book
Depository has more than one million customers and it ships books to more than
100 countries. Amazon.com (NASDAQ:AMZN) stocks are currently standing at 198.4.
Price History Last Price: 198.4 52 Week Low / High: 156.77 / 246.71 50 Day
Moving Average: 219.21 6 Month Price Change %: 0.9% 12 Month Price Change %:
16.7%
Depository acquisition. Amazon.com (NASDAQ:AMZN) Gets Approval For Book
Depository Acquisition The online retailer Amazon.com (NASDAQ:AMZN) has
announced that the UK's Office of Fair Trading (OFT) has approved the proposed
acquisition of the largest UK online bookseller Book Depository. The OFT said
that small increment to Amazon.com (NASDAQ:AMZN)'s position does not raise
competition issues. Book Depository was founded in 2004 and it sells books
through its own website and Amazon.com (NASDAQ:AMZN) Marketplace. The Book
Depository has more than one million customers and it ships books to more than
100 countries. Amazon.com (NASDAQ:AMZN) stocks are currently standing at 198.4.
Price History Last Price: 198.4 52 Week Low / High: 156.77 / 246.71 50 Day
Moving Average: 219.21 6 Month Price Change %: 0.9% 12 Month Price Change %:
16.7%
23 Million Reasons to Make This Netflix Trade
Some of the craziest Wall Street action anyone can remember has taken place in
all of four little letters: N-F-L-X This week, Netflix (NASDAQ: NFLX ) has taken
the ol ker-plunge careening over the edge, going from the land of triple-digits
to double-digits. In fact, just 3 1/2 months ago, NFLX fetched $300 per share.
And as I pen this note to you, it goes for just around $80. Wow. To be sure,
theres a unique way to put a bunch of fungolas in your pocket because of this
truly unique situation thats been served up here. And thats what this edition of
the "Weekly Windfall Corner" is all about. The New Era for NFLX Traders My
strategy for NFLX takes advantage of two new realities facing the company: 1)
There will be many, many, more months of volatile, temper-filled action in the
stock price, and 2) Were witnessing a one-sided overreaction on a scale that
hasnt been seen in some time. Now, theres no denying reality, which is that the
stock dropped $40+ in one day, and is trading in the $70s right now. Its also
happening at six times the normal daily trading volume. This kind of action is
what it is and it doesnt lie! Not only this, but NFLX already has been
dropping, sliding, losing and bleeding for several months now. Investors have
been factoring in the new subscription changes, the price hikes, etc for several
months already! Before the earnings announcement, it was no secret Netflix was
losing subscribers. The company even said so. They had estimated this number to
be around 500,000. But this week when they reported the real number to be
800,000 lost subscribers, investors freaked again sending the shares down 35%
in one day! But wait. Is that you asking how many total subscribers Netflix has?
It is? Well, they have upward of 23 million. In other words, they still have 23
million paying subscribers! NFLX's Bigger Picture Hasn't Changed All That
Much! So did they bungle their strategy a few months ago? Yes. Was their
communication not the best? Yes. Is their CEO not the most-polished on all
corners? Yes, yes, yes. Thats all true. But to lose 75% of the companys market
cap in all of three months after losing about 3% of the subscriber base? What we
might be witnessing here is some of the most one-sided action in years, and
heres how I see things The whiners and complainers are dropping off 800,000 of
them so far. Theyre furious, upset and voting with their feet teaching Netflix
a lesson. But then theres the vacuum theory, which states that when you remove
something (like old clothes from your closet that dont fit), something newer,
cooler and more pleasant will rush in to replace the void. Right now, extremely
angry and bitter folks are leaving. And when alls said and done, its probably
going to be easier on the company, thanks to the vacuum theory! And if they dont
replace them, I dont think Netflix cares . Im just talking about reality here.
Theyd never say it, but maybe Netflix has turned a corner. After all, theyve
been running this same business model forever … theyve had mega success …
but now they want to modify it. An Inflection Point for a Solid Business Im sure
they see the landscape with a much broader lens than someone sitting in Topeka,
Kan., ticked off about their new, higher Netflix bill. After all, the company is
extending streaming services overseas (with a launch in the U.K. and Ireland set
for early 2012). They are busy signing new, exclusive content deals. And they
also know that MOST CUSTOMERS WILL REMAIN THAT WAY when alls said and done!
Again, 23 million paying subscribers are still 23 million paying subscribers.
And those people re-upping their membership every month means there's a
money-making options trade for YOU in there. Get the details on the next page…
Learn Preston James'
all of four little letters: N-F-L-X This week, Netflix (NASDAQ: NFLX ) has taken
the ol ker-plunge careening over the edge, going from the land of triple-digits
to double-digits. In fact, just 3 1/2 months ago, NFLX fetched $300 per share.
And as I pen this note to you, it goes for just around $80. Wow. To be sure,
theres a unique way to put a bunch of fungolas in your pocket because of this
truly unique situation thats been served up here. And thats what this edition of
the "Weekly Windfall Corner" is all about. The New Era for NFLX Traders My
strategy for NFLX takes advantage of two new realities facing the company: 1)
There will be many, many, more months of volatile, temper-filled action in the
stock price, and 2) Were witnessing a one-sided overreaction on a scale that
hasnt been seen in some time. Now, theres no denying reality, which is that the
stock dropped $40+ in one day, and is trading in the $70s right now. Its also
happening at six times the normal daily trading volume. This kind of action is
what it is and it doesnt lie! Not only this, but NFLX already has been
dropping, sliding, losing and bleeding for several months now. Investors have
been factoring in the new subscription changes, the price hikes, etc for several
months already! Before the earnings announcement, it was no secret Netflix was
losing subscribers. The company even said so. They had estimated this number to
be around 500,000. But this week when they reported the real number to be
800,000 lost subscribers, investors freaked again sending the shares down 35%
in one day! But wait. Is that you asking how many total subscribers Netflix has?
It is? Well, they have upward of 23 million. In other words, they still have 23
million paying subscribers! NFLX's Bigger Picture Hasn't Changed All That
Much! So did they bungle their strategy a few months ago? Yes. Was their
communication not the best? Yes. Is their CEO not the most-polished on all
corners? Yes, yes, yes. Thats all true. But to lose 75% of the companys market
cap in all of three months after losing about 3% of the subscriber base? What we
might be witnessing here is some of the most one-sided action in years, and
heres how I see things The whiners and complainers are dropping off 800,000 of
them so far. Theyre furious, upset and voting with their feet teaching Netflix
a lesson. But then theres the vacuum theory, which states that when you remove
something (like old clothes from your closet that dont fit), something newer,
cooler and more pleasant will rush in to replace the void. Right now, extremely
angry and bitter folks are leaving. And when alls said and done, its probably
going to be easier on the company, thanks to the vacuum theory! And if they dont
replace them, I dont think Netflix cares . Im just talking about reality here.
Theyd never say it, but maybe Netflix has turned a corner. After all, theyve
been running this same business model forever … theyve had mega success …
but now they want to modify it. An Inflection Point for a Solid Business Im sure
they see the landscape with a much broader lens than someone sitting in Topeka,
Kan., ticked off about their new, higher Netflix bill. After all, the company is
extending streaming services overseas (with a launch in the U.K. and Ireland set
for early 2012). They are busy signing new, exclusive content deals. And they
also know that MOST CUSTOMERS WILL REMAIN THAT WAY when alls said and done!
Again, 23 million paying subscribers are still 23 million paying subscribers.
And those people re-upping their membership every month means there's a
money-making options trade for YOU in there. Get the details on the next page…
Learn Preston James'
Analyst Actions on Chinese Stocks: ACH, CEO, CHU, GA, HNP, JASO, LDK, LFC … (Oct 27, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are today's
Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq Index, S&P 500 Index World Market Stock Investing News Mid-Day Today
XCSFDHG46767FHJHJF
dow2664 European leaders did not reach an agreement on the debt resolution plan Wednesday as originally expected. The deal came together today however and the agreement keeps investor optimism running on high. Prior to opening bell this morning in the U.S., the primary stock future indicators were posting green across the board. It appears that the good news from the eurozone helped stocks open higher this morning. French President, Nicolas Sarkozy, stated that the plan was finished after a long night of negotiations. He reports that the plan will help the eurozone avert debt catastrophe. The implication is that the plan will help prevent the possibility of recession in the eurozone which would have had numerous negative implications worldwide. The details of the plan are being finalized and summarized and will post in the coming weeks. Leaders and investors are hoping the worst is over. For today, world stock indices responded favorably. Primary indicators in Asia closed their respective sessions in the green today. The Nikkei was higher by 2.04 percent. The Hang Seng closed higher by 3.26 percent. The Shanghai Composite finished higher by .34 percent. European stocks popped higher today as well. The CAC 40 closed positive by 5.72 percent. The DAX closed higher by 5.35 percent. The FTSE 100 closed higher by 2.89 percent. North American markets are higher at the mid-day mark. In the U.S., the Dow Jones Industrial Average was green by 2.60 percent at 12,178.20. The Nasdaq was higher by 2.76 percent at 2,723.39. The S&P 500 was higher by 2.91 percent at 1,278.07. Stocks are positioned for the positive close marks as a result of the European plan development. Frank Matto
Wells Fargo (NYSE:WFC) Employees Donate $41.6m
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tdp2664 E money daily Wells Fargo (NYSE:WFC) employees have donated $41.6 million to more than 28,000 nonprofits organizations. Wells Fargo (NYSE:WFC) Employees Donate $41.6m According to an announcement made by Wells Fargo (NYSE:WFC), its team members have donated about $41.6 million to more than 28,000 nonprofits and schools as part of its annual Community Support and United Way Campaign. John Stumpf, chairman, president and CEO of Wells Fargo (NYSE:WFC) said, "The generosity of our team members continues to be a point of pride for Wells Fargo (NYSE:WFC). Year after year, they respond with empathy and leadership by donating their time and money to make a difference in people's lives." Wells Fargo (NYSE:WFC) shares were at 25.76 at the end of the last day’s trading. There’s been a -9.9% change in the stock price over the past 3 months. Wells Fargo (NYSE:WFC) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.45 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.74 Zack’s Rank: 4 out of 15 in the industry
Todays Gold Price Per Ounce Spot Gold Price Per Gram Rates; Spot Silver Price Per Ounce Rate Mid-Day Today
XCSFDHG46767FHJHJF
dow2664 The luster of precious metal gold and silver has been very attractive for investors lately. Gold and silver continued to attract attention during the initial half of this trading week. Once again, gold contract for December delivery closed green last session as did Silver contract for December delivery. Ahead of the European debt resolution plan, investors were feeling anxious and moving towards investment positions perceived as safer bets. The gold and silver sector became more active during this time. Today, European leaders relayed that an agreement for the debt resolution action plan in Greece had been made that would help avert financial catastrophe in the eurozone. World stocks popped higher upon hearing this news today. Primary indicators in the Asian marketplace closed green today. European stocks finished stronger today. Stock indices in the U.S. are currently trending green. Gold and silver attraction is fading right now. Prior to opening bell today, spot gold price trends and spot silver price trends were moving in negative territory. Currently, contract gold and silver price trends are posting on the positive side of break-even. Gold contract for December delivery was higher by .74 percent at 1736.20 at the mid-day mark. Silver contract for December delivery was higher by .68 percent at 33.54 at the same point. Spot gold and spot silver price trends were also moving in the green at mid-day. Spot gold price per gram was higher by .58 at 55.99 and spot silver price per ounce was higher by 1.57 at 34.88. Camillo Zucari
WSML Wipes The Smiles Off Traders’ Faces
XCSFDHG46767FHJHJF
tdp2664 Penny Stock Live Recently I wrote a blog post called The White Smile Global (WSML) Stock Promotion Begins – Don't Get Greedy! A few days later I followed that article up with White Smile Global (WSML); The $3 Million Pump That's Done Nothing But Dump Today I'm reaching out to all the bag holders because it pains me to see others go through what I've already learned the hard way. Don't mistake my willingness to help you with sympathy though. I warned anyone willing to do a simple WSML Google search of the inherent dangers when playing a stocks like this. I've been trading in the small cap market for almost a decade and I teach my subscribers how to not only profit from blatant manipulation but more importantly, how to avoid massive dumps like WSML is having today. The small cap market can be a wonderful place to trade and make money because it's overlooked by the prestigious big boys, however, stocks like White Smile Global ( OTCBB:WSML ), Jammin Java ( OTCBB:JAMN ) and Lithium Exploration Group ( OTCBB:LEXG ) unfortunately give many a bad taste. If you're new to small caps and holding the bag on WSML today email me right away at jason@jasonbondpicks.com and I'll teach you how to survive these shark infested waters. There are tons of excellent small caps out there just waiting to be discovered by Wall Street and I position my subscriber and I in them before the big boys jump on board.
Gold, Silver Turn Higher, Markets Soar
Gold futures turned higher in late morning trading Thursday, with the COMEX
December 2011 contract rising $13.00, or 0.8%, to $1,736.50 per ounce. In
overnight trading the yellow metal fell to as low as $1,707.50 per ounce, but
rebounded alongside the broader markets following the enhanced financial
assistance plan announced by European policymakers. Silver futures outperformed
the yellow metal, with the COMEX December 2011 contract rising $1.54, or 4.6%,
to $34.85 per ounce. Precious metals were lifted in part by weakness in the U.S.
dollar, which slid 1.6% against a basket of foreign currencies. Gold and silver
shares rallied as well, with the Philadelphia Gold & Silver Index (XAU)
advancing 2.2% to 201.95. As for the broader markets, they maintained the large
majority of their gains as morning trading proceeded.
December 2011 contract rising $13.00, or 0.8%, to $1,736.50 per ounce. In
overnight trading the yellow metal fell to as low as $1,707.50 per ounce, but
rebounded alongside the broader markets following the enhanced financial
assistance plan announced by European policymakers. Silver futures outperformed
the yellow metal, with the COMEX December 2011 contract rising $1.54, or 4.6%,
to $34.85 per ounce. Precious metals were lifted in part by weakness in the U.S.
dollar, which slid 1.6% against a basket of foreign currencies. Gold and silver
shares rallied as well, with the Philadelphia Gold & Silver Index (XAU)
advancing 2.2% to 201.95. As for the broader markets, they maintained the large
majority of their gains as morning trading proceeded.
Todays Gold Price Per Ounce Spot Gold Price Per Gram Rates; Spot Silver Price Per Ounce Rate Mid-Day Today
The luster of precious metal gold and silver has been very attractive for
investors lately. Gold and silver continued to attract attention during the
initial half of this trading week. Once again, gold contract for December
delivery closed green last session as did Silver contract for December delivery.
Ahead of the European debt resolution plan, investors were feeling anxious and
moving towards investment positions perceived as safer bets. The gold and silver
sector became more active during this time. Today, European leaders relayed that
an agreement for the debt resolution action plan in Greece had been made that
would help avert financial catastrophe in the eurozone. World stocks popped
higher upon hearing this news today. Primary indicators in the Asian marketplace
closed green today. European stocks finished stronger today. Stock indices in
the U.S. are currently trending green. Gold and silver attraction is fading
right now. Prior to opening bell today, spot gold price trends and spot silver
price trends were moving in negative territory. Currently, contract gold and
silver price trends are posting on the positive side of break-even. Gold
contract for December delivery was higher by .74 percent at 1736.20 at the
mid-day mark. Silver contract for December delivery was higher by .68 percent at
33.54 at the same point. Spot gold and spot silver price trends were also moving
in the green at mid-day. Spot gold price per gram was higher by .58 at 55.99 and
spot silver price per ounce was higher by 1.57 at 34.88. Camillo Zucari
investors lately. Gold and silver continued to attract attention during the
initial half of this trading week. Once again, gold contract for December
delivery closed green last session as did Silver contract for December delivery.
Ahead of the European debt resolution plan, investors were feeling anxious and
moving towards investment positions perceived as safer bets. The gold and silver
sector became more active during this time. Today, European leaders relayed that
an agreement for the debt resolution action plan in Greece had been made that
would help avert financial catastrophe in the eurozone. World stocks popped
higher upon hearing this news today. Primary indicators in the Asian marketplace
closed green today. European stocks finished stronger today. Stock indices in
the U.S. are currently trending green. Gold and silver attraction is fading
right now. Prior to opening bell today, spot gold price trends and spot silver
price trends were moving in negative territory. Currently, contract gold and
silver price trends are posting on the positive side of break-even. Gold
contract for December delivery was higher by .74 percent at 1736.20 at the
mid-day mark. Silver contract for December delivery was higher by .68 percent at
33.54 at the same point. Spot gold and spot silver price trends were also moving
in the green at mid-day. Spot gold price per gram was higher by .58 at 55.99 and
spot silver price per ounce was higher by 1.57 at 34.88. Camillo Zucari
Thursday Apple Rumors — Apple Wants You to Be the Controller
Here are your Apple rumors and news items for Thursday: Motion Controlled Apple
iPad, iPhone and HDTV: Considering that Steve Jobs told biographer Walter
Isaacson the Apple HDTV would have the simplest interface, its difficult to
imagine that the device would have anything but a motion-controlled interface. A
modern, simple living room television wouldnt use a remote control or a
touchscreen or even a mouse and keyboard. Those options are alternately too
complicated and inconvenient for the average living room. The only option is
gesture-based motion controls akin to those used by Microsoft s (NASDAQ: MSFT )
Kinect. An Apple (NASDAQ: AAPL ) patent made public this week suggests Apple
will use this technology. The patent, Real Time Video Process Control Using
Gestures, actually describes video-editing technology for the iPhone and iPad
that will let users gesture to activate recording tools , according to Apple
Insider . An iPhone owner, for example, could set his device on a surface like
any other video camera, get in position, then wave his hand to begin filming.
The technology, of course, could be applied to any Apple-made device for
whatever purpose without necessarily infringing on patents held by Microsoft.
iPad 3 Woes: Word is that Apple is preparing a new iPad for release in early
2012 with a new high-definition screen similar to the Retina Display screen used
in current models of iPhone. The new iPad likely would release by the end of the
first quarter, not unlike its predecessors. However, a Thursday report at CNET
said Apple mighthave trouble getting the iPad 3 out by then. Sources within the
companys Asian suppliers said Apple indeed is preparing a high-resolution iPad
whose pixel density is so high your eye is unable to distinguish individual
pixels. Making the screen is possible, but making them in the necessary
quantities might not be . Apples screen suppliers LG and Samsung (PINK: SSNLF )
would begin production of the new model in November, but the article suggests
that even with three months ahead of time, they might not be able to produce
enough of the HD touchscreens to fulfill the millions-strong orders necessary
for a strong product release. DirecTV Comes to iPad: Like Comcast (NASDAQ: CMCSA
) and Time Warner (NYSE: TWX ) before it, DirecTV (NASDAQ: DTV ) now is letting
its subscribers stream a limited selection of television shows on their iPads.
But theres a hitch. According to a Wednesday report at 9 to 5 Mac , DirecTVs
streaming app will not work on jailbroken iPads . For those unfamiliar,
jailbreaking refers to hacking an iPhone, iPad or iPod Touch so it can run apps
and perform in ways not approved by Apple (though it can be applied to other
manufacturers devices as well.) The FCC declared jailbreaking legal in 2010 . As
of this writing, Anthony John Agnello did not own a position in any of the
stocks named here. Follow him on Twitter at
iPad, iPhone and HDTV: Considering that Steve Jobs told biographer Walter
Isaacson the Apple HDTV would have the simplest interface, its difficult to
imagine that the device would have anything but a motion-controlled interface. A
modern, simple living room television wouldnt use a remote control or a
touchscreen or even a mouse and keyboard. Those options are alternately too
complicated and inconvenient for the average living room. The only option is
gesture-based motion controls akin to those used by Microsoft s (NASDAQ: MSFT )
Kinect. An Apple (NASDAQ: AAPL ) patent made public this week suggests Apple
will use this technology. The patent, Real Time Video Process Control Using
Gestures, actually describes video-editing technology for the iPhone and iPad
that will let users gesture to activate recording tools , according to Apple
Insider . An iPhone owner, for example, could set his device on a surface like
any other video camera, get in position, then wave his hand to begin filming.
The technology, of course, could be applied to any Apple-made device for
whatever purpose without necessarily infringing on patents held by Microsoft.
iPad 3 Woes: Word is that Apple is preparing a new iPad for release in early
2012 with a new high-definition screen similar to the Retina Display screen used
in current models of iPhone. The new iPad likely would release by the end of the
first quarter, not unlike its predecessors. However, a Thursday report at CNET
said Apple mighthave trouble getting the iPad 3 out by then. Sources within the
companys Asian suppliers said Apple indeed is preparing a high-resolution iPad
whose pixel density is so high your eye is unable to distinguish individual
pixels. Making the screen is possible, but making them in the necessary
quantities might not be . Apples screen suppliers LG and Samsung (PINK: SSNLF )
would begin production of the new model in November, but the article suggests
that even with three months ahead of time, they might not be able to produce
enough of the HD touchscreens to fulfill the millions-strong orders necessary
for a strong product release. DirecTV Comes to iPad: Like Comcast (NASDAQ: CMCSA
) and Time Warner (NYSE: TWX ) before it, DirecTV (NASDAQ: DTV ) now is letting
its subscribers stream a limited selection of television shows on their iPads.
But theres a hitch. According to a Wednesday report at 9 to 5 Mac , DirecTVs
streaming app will not work on jailbroken iPads . For those unfamiliar,
jailbreaking refers to hacking an iPhone, iPad or iPod Touch so it can run apps
and perform in ways not approved by Apple (though it can be applied to other
manufacturers devices as well.) The FCC declared jailbreaking legal in 2010 . As
of this writing, Anthony John Agnello did not own a position in any of the
stocks named here. Follow him on Twitter at
Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq Index, S&P 500 Index World Market Stock Investing News Mid-Day Today
European leaders did not reach an agreement on the debt resolution plan
Wednesday as originally expected. The deal came together today however and the
agreement keeps investor optimism running on high. Prior to opening bell this
morning in the U.S., the primary stock future indicators were posting green
across the board. It appears that the good news from the eurozone helped stocks
open higher this morning. French President, Nicolas Sarkozy, stated that the
plan was finished after a long night of negotiations. He reports that the plan
will help the eurozone avert debt catastrophe. The implication is that the plan
will help prevent the possibility of recession in the eurozone which would have
had numerous negative implications worldwide. The details of the plan are being
finalized and summarized and will post in the coming weeks. Leaders and
investors are hoping the worst is over. For today, world stock indices responded
favorably. Primary indicators in Asia closed their respective sessions in the
green today. The Nikkei was higher by 2.04 percent. The Hang Seng closed higher
by 3.26 percent. The Shanghai Composite finished higher by .34 percent. European
stocks popped higher today as well. The CAC 40 closed positive by 5.72 percent.
The DAX closed higher by 5.35 percent. The FTSE 100 closed higher by 2.89
percent. North American markets are higher at the mid-day mark. In the U.S., the
Dow Jones Industrial Average was green by 2.60 percent at 12,178.20. The Nasdaq
was higher by 2.76 percent at 2,723.39. The S&P 500 was higher by 2.91 percent
at 1,278.07. Stocks are positioned for the positive close marks as a result of
the European plan development. Frank Matto
Wednesday as originally expected. The deal came together today however and the
agreement keeps investor optimism running on high. Prior to opening bell this
morning in the U.S., the primary stock future indicators were posting green
across the board. It appears that the good news from the eurozone helped stocks
open higher this morning. French President, Nicolas Sarkozy, stated that the
plan was finished after a long night of negotiations. He reports that the plan
will help the eurozone avert debt catastrophe. The implication is that the plan
will help prevent the possibility of recession in the eurozone which would have
had numerous negative implications worldwide. The details of the plan are being
finalized and summarized and will post in the coming weeks. Leaders and
investors are hoping the worst is over. For today, world stock indices responded
favorably. Primary indicators in Asia closed their respective sessions in the
green today. The Nikkei was higher by 2.04 percent. The Hang Seng closed higher
by 3.26 percent. The Shanghai Composite finished higher by .34 percent. European
stocks popped higher today as well. The CAC 40 closed positive by 5.72 percent.
The DAX closed higher by 5.35 percent. The FTSE 100 closed higher by 2.89
percent. North American markets are higher at the mid-day mark. In the U.S., the
Dow Jones Industrial Average was green by 2.60 percent at 12,178.20. The Nasdaq
was higher by 2.76 percent at 2,723.39. The S&P 500 was higher by 2.91 percent
at 1,278.07. Stocks are positioned for the positive close marks as a result of
the European plan development. Frank Matto
Extorre Gold Mines Responds to New Argentine Regulations
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Extorre Gold Mines (XG.TSX, AMEX: XG) responded to new foreign currency transfer regulations announced by the government of Argentina, the home of its Cerro Moro, Puntudo and Don Sixto gold projects.
FedEx (NYSE:FDX) Hiring Holiday Workers
XCSFDHG46767FHJHJF
tdp2664 E money daily FedEx (NYSE:FDX) has decided to hire extra workers for the 2011 holiday season. FedEx (NYSE:FDX) Hiring Holiday Workers Reports say that the package carrier giant FedEx (NYSE:FDX) will hire about 20,000 additional employees for the holiday season this year. The new hires will help handle the anticipated increased volume the shipping company expects to see during the season. According to FedEx (NYSE:FDX), "The company expect to move more than 17 million shipments on 12 December, predicted to be its busiest day ever. About 20,000 workers would be needed to service this growth in shipments." FedEx (NYSE:FDX) shares were at 81.36 at the end of the last day’s trading. There’s been a -8.7% change in the stock price over the past 3 months. FedEx (NYSE:FDX) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.32 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.3 Zack’s Rank: 2 out of 5 in the industry
Schlumberger Soars After Solid Q3 Revenues
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace While most stocks have been firmly entrenched in a downtrend for multiple months, times are a-changin', as many stocks are attempting to follow in the footsteps of the S&P 500 Index by reversing trends. One such stock shaping up nicely with a potential trend reversal is Schlumberger Ltd. (NYSE: SLB ). After ripping higher through the first half of October, SLB has been forming a clean high base at the 50-day moving average. A successful break of $71 could lead to higher prices in the short term for this oilfield services company. The lower end of the two-week consolidation area provides a logical area for a stop-loss around $67 if the breakout fails. While stock enthusiasts may consider simply buying shares on a confirmed breakout, option traders should consider purchasing calls or call spreads. The more-aggressive route would be to buy the SLB Dec 70 Calls, which are trading around $6.30 right now. Those looking for a more-conservative play should consider buying the SLB December 70-75 call spread by buying to open the SLB Dec 70 Call and, at the same time, selling to open the SLB Dec 75 Call, which is currently trading at $3.30. At these prices, you can enter the spread for about $3 ($6.30 debit from buying the $70 calls – $3.30 credit for selling the $75 calls). Source: MachTrader At the time of this writing Tyler Craig had no positions on SLB.
Moody’s, McGraw-Hill Still Don’t Rate
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace During the financial crisis of 2008-09, all that AAA-rated sub-prime mortgage-backed debt turned out not to be worth as much as the ratings suggested. For that, we
Cisco Systems (NASDAQ:CSCO) Makes R&D Agreement
XCSFDHG46767FHJHJF
tdp2664 E money daily Cisco Systems ( NASDAQ :CSCO) has entered into a R&D deal with the University of New Brunswick (UNB). Cisco Systems ( NASDAQ :CSCO) Makes R&D Agreement Under this newly signed deal, Cisco Systems ( NASDAQ :CSCO) will help UNB to become a world leader in technology by providing advanced support for research and learning. As well as this, the deal will also help UNB engineering students collaborate to develop energy-efficient processes for the manufacturing industry. Nitin Kawale, president of Cisco Systems (NASDAQ:CSCO) Canada said, "The Company is excited to expand its collaborations with education institutions to the Maritimes. These projects position the leadership of the university and the province of New Brunswick in establishing technology initiatives that will help develop innovative collaborations in the classroom and beyond." Cisco Systems Inc. (NASDAQ:CSCO) shares are currently standing at 17.61. Price History Last Price: 17.61 52 Week Low / High: 13.3 / 24.6 50 Day Moving Average: 16.21 6 Month Price Change %: 2.4% 12 Month Price Change %: -24.7%
Cisco Systems (NASDAQ:CSCO) Makes R&D Agreement
Cisco Systems (NASDAQ:CSCO) has entered into a R&D deal with the University of
New Brunswick (UNB). Cisco Systems (NASDAQ:CSCO) Makes R&D Agreement Under this
newly signed deal, Cisco Systems (NASDAQ:CSCO) will help UNB to become a world
leader in technology by providing advanced support for research and learning. As
well as this, the deal will also help UNB engineering students collaborate to
develop energy-efficient processes for the manufacturing industry. Nitin Kawale,
president of Cisco Systems (NASDAQ:CSCO) Canada said, "The Company is excited
to expand its collaborations with education institutions to the Maritimes. These
projects position the leadership of the university and the province of New
Brunswick in establishing technology initiatives that will help develop
innovative collaborations in the classroom and beyond." Cisco Systems Inc.
(NASDAQ:CSCO) shares are currently standing at 17.61. Price History Last Price:
17.61 52 Week Low / High: 13.3 / 24.6 50 Day Moving Average: 16.21 6 Month Price
Change %: 2.4% 12 Month Price Change %: -24.7%
New Brunswick (UNB). Cisco Systems (NASDAQ:CSCO) Makes R&D Agreement Under this
newly signed deal, Cisco Systems (NASDAQ:CSCO) will help UNB to become a world
leader in technology by providing advanced support for research and learning. As
well as this, the deal will also help UNB engineering students collaborate to
develop energy-efficient processes for the manufacturing industry. Nitin Kawale,
president of Cisco Systems (NASDAQ:CSCO) Canada said, "The Company is excited
to expand its collaborations with education institutions to the Maritimes. These
projects position the leadership of the university and the province of New
Brunswick in establishing technology initiatives that will help develop
innovative collaborations in the classroom and beyond." Cisco Systems Inc.
(NASDAQ:CSCO) shares are currently standing at 17.61. Price History Last Price:
17.61 52 Week Low / High: 13.3 / 24.6 50 Day Moving Average: 16.21 6 Month Price
Change %: 2.4% 12 Month Price Change %: -24.7%
Top 10 Fastest-Growing U.S.-Listed Chinese Stocks: QIHU, DANG, BIDU, BONA, YOKU, SVN, EJ, XRS, EDU, FMCN (Oct 27, 2011)
Below are the top 10 fastest-growing U.S.-listed Chinese stocks, based on the
average long-term earnings growth rate estimated by Wall Street analysts. Qihoo
360 Technology Co Ltd (NYSE:QIHU) is the first fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 114.7%.
This number is based on the average estimate of 3 brokerage analysts. E Commerce
China Dangdang Inc (ADR) (NYSE:DANG) is the second fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 58.8%.
This number is based on the average estimate of 4 brokerage analysts. Baidu.com,
Inc. (ADR) (NASDAQ:BIDU) is the third fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 49.1%. This number
is based on the average estimate of 16 brokerage analysts. Bona Film Group Ltd
(ADR) (NASDAQ:BONA) is the fourth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 47.6%. This number is
based on the average estimate of 3 brokerage analysts. Youku.com Inc (ADR)
(NYSE:YOKU) is the fifth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 45.0%. This number is based on
the average estimate of 3 brokerage analysts. 7 DAYS GROUP HOLDINGS LIMITED(ADR)
(NYSE:SVN) is the sixth fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 38.9%. This number is based on the
average estimate of 4 brokerage analysts. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) is the seventh fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 33.3%. This number is based on
the average estimate of 4 brokerage analysts. TAL Education Group (ADR)
(NYSE:XRS) is the eighth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 29.6%. This number is based on
the average estimate of 3 brokerage analysts. New Oriental Education & Tech Grp
(ADR) (NYSE:EDU) is the ninth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 28.3%. This number is
based on the average estimate of 7 brokerage analysts. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the 10th fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 26.5%. This number
is based on the average estimate of 3 brokerage analysts.
average long-term earnings growth rate estimated by Wall Street analysts. Qihoo
360 Technology Co Ltd (NYSE:QIHU) is the first fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 114.7%.
This number is based on the average estimate of 3 brokerage analysts. E Commerce
China Dangdang Inc (ADR) (NYSE:DANG) is the second fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 58.8%.
This number is based on the average estimate of 4 brokerage analysts. Baidu.com,
Inc. (ADR) (NASDAQ:BIDU) is the third fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 49.1%. This number
is based on the average estimate of 16 brokerage analysts. Bona Film Group Ltd
(ADR) (NASDAQ:BONA) is the fourth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 47.6%. This number is
based on the average estimate of 3 brokerage analysts. Youku.com Inc (ADR)
(NYSE:YOKU) is the fifth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 45.0%. This number is based on
the average estimate of 3 brokerage analysts. 7 DAYS GROUP HOLDINGS LIMITED(ADR)
(NYSE:SVN) is the sixth fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 38.9%. This number is based on the
average estimate of 4 brokerage analysts. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) is the seventh fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 33.3%. This number is based on
the average estimate of 4 brokerage analysts. TAL Education Group (ADR)
(NYSE:XRS) is the eighth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 29.6%. This number is based on
the average estimate of 3 brokerage analysts. New Oriental Education & Tech Grp
(ADR) (NYSE:EDU) is the ninth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 28.3%. This number is
based on the average estimate of 7 brokerage analysts. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the 10th fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 26.5%. This number
is based on the average estimate of 3 brokerage analysts.
Gold Price “Close to a Big Breakout”
GOLD PRICE NEWS – The gold price dipped $7.24 to $1,717.67 per ounce Thursday
morning after European policymakers announced a comprehensive bailout plan that
involves increasing the European Financial Stability Fund (EFSF) to €1.4
trillion and a 50% haircut on Greek sovereign debt.
morning after European policymakers announced a comprehensive bailout plan that
involves increasing the European Financial Stability Fund (EFSF) to €1.4
trillion and a 50% haircut on Greek sovereign debt.
Extorre Gold Mines Responds to New Argentine Regulations
Extorre Gold Mines (XG.TSX, AMEX: XG) responded to new foreign currency
transfer regulations announced by the government of Argentina, the home of its
Cerro Moro, Puntudo and Don Sixto gold projects.
transfer regulations announced by the government of Argentina, the home of its
Cerro Moro, Puntudo and Don Sixto gold projects.
Today Is Looking Great For Our Premium Alerts
Back on October 3rd I predicted the bull market ahead and weve been up ever
since. Possibly luck, possible skill, who cares cause things look good. Since
then, despite all the media scare, Ive repeatedly said my instinct suggests well
break the bear channel and head higher. As such I tried to position in several
swing trades that could benefit from such such a move. So today of course Im
thrilled to report Asia was on fire last night, Europe is rocking right now and
futures are smoking hot so far. This of course bodes very well for our 3 Nasdaq
stocks; GLUU, QPSA and WAVX. Here is what Im looking for on our three open swing
trades. No watch list today, just focusing on these plays because I believe
thats what my subscribers deserve. GLUU needs to break $3.10 today, if it doesnt
Ill consider moving on. A break of $3.10 should signal a new move into the $3.20
to $3.45 which is where Id like to get it before earnings next week. I still
maintain a close below $2.90 is our key to consider moving on but right now,
even in choppy markets its held that level. QPSA is up $.70 from my alert right
now but I think we can score more on this one. Im not recommending it here, but
willing to hold since our entry is so favorable at $2.95. I only have 3,000
shares but think this $10,000 be I made could double if the myYearbook news
hits. Current target is $5 based on that speculation, anything above is gravy.
Short interest is still high so itll be interesting to see what happens today.
WAVX is our technical channel play and weve executed our plan perfectly, not
easy to do when a stock is dipping but stick to the plan. When I first bought
3,000 shares at $2.61 I said Id be buying another 3,000 share off the bottom
trend line. Watch the video I did to understand why Im in this trade . If my
analysis is correct, buyers keep coming in on the major dips causing higher lows
and eventually a breakout above $3 which is my target. This is a classic
ascending triangle and as such should breakout above $3. Stop on this trade is
below $2.40 as that would signal a shift in the trend.
since. Possibly luck, possible skill, who cares cause things look good. Since
then, despite all the media scare, Ive repeatedly said my instinct suggests well
break the bear channel and head higher. As such I tried to position in several
swing trades that could benefit from such such a move. So today of course Im
thrilled to report Asia was on fire last night, Europe is rocking right now and
futures are smoking hot so far. This of course bodes very well for our 3 Nasdaq
stocks; GLUU, QPSA and WAVX. Here is what Im looking for on our three open swing
trades. No watch list today, just focusing on these plays because I believe
thats what my subscribers deserve. GLUU needs to break $3.10 today, if it doesnt
Ill consider moving on. A break of $3.10 should signal a new move into the $3.20
to $3.45 which is where Id like to get it before earnings next week. I still
maintain a close below $2.90 is our key to consider moving on but right now,
even in choppy markets its held that level. QPSA is up $.70 from my alert right
now but I think we can score more on this one. Im not recommending it here, but
willing to hold since our entry is so favorable at $2.95. I only have 3,000
shares but think this $10,000 be I made could double if the myYearbook news
hits. Current target is $5 based on that speculation, anything above is gravy.
Short interest is still high so itll be interesting to see what happens today.
WAVX is our technical channel play and weve executed our plan perfectly, not
easy to do when a stock is dipping but stick to the plan. When I first bought
3,000 shares at $2.61 I said Id be buying another 3,000 share off the bottom
trend line. Watch the video I did to understand why Im in this trade . If my
analysis is correct, buyers keep coming in on the major dips causing higher lows
and eventually a breakout above $3 which is my target. This is a classic
ascending triangle and as such should breakout above $3. Stop on this trade is
below $2.40 as that would signal a shift in the trend.
3 Silver ETFs to Hedge Against Inflation
As financial markets fret and stocks fall over the latest Eurozone Summit
challenges, precious metals are back in their comfort zone moving opposite to
equities. While the glitter of rising gold prices (above $1,723 per ounce
Wednesday) is eye-popping, don't dismiss the shine of silver (over $33). And
silver exchange-traded funds (ETFs) are a convenient way to gain exposure to the
precious metal. Gold and silver traditionally have been safe havens in tough
financial times, providing a hedge against inflation. The 200-point drop in the
Dow on Tuesday was accompanied by rising prices of both precious metals. Gold
and silver continued to trend higher Wednesday on fears stoked by the second
summit in four days to resolve the European debt crisis. Barclays predicted that
strong physical demand would support gold and silver prices in the coming months
"amid the seasonally strong period for consumption. Why buy silver? It's a
less expensive play than gold that still hedges against inflation, it offsets
the portfolio impact of a weak dollar and there's strong industrial demand for
the metal. Why choose ETFs over physical silver? Theyre far more liquid than
physical silver because ETFs trade over an exchange just like a stock. You also
don't have to worry about expenses like delivery, storage and security. It's
also more affordable: The cash commitment to a gold or silver ETF is less
expensive than stockpiling the physical metal. Even so, not all silver ETFs are
alike. Some ETFs are backed by physical silver bullion, others seek to mirror
silver futures contracts and yet others track stocks of mining companies. In
these increasingly uncertain times, here are three silver ETFs one of each
that deserve a closer look: ETFS Physical Silver Shares Shares in the ETFS
Phsyical Silver Shares Trust (AMEX: SIVR ) are backed by physical silver
bullion. At $33.15, SIVR has gained 8.24% during the past month. With a market
cap of $649.74 million, the fund has a one-year return of 42.89%. SIVR shares
are trading nearly 33% below SIVR's 52-week high of $49.28 in May. PowerShares
DB Silver ETF Shares of the PowerShares DB Silver ETF (AMEX: DBS ) track a
rules-based index composed of futures contracts on silver. At $58.11, DBS has
gained 8.01% in the past month. With a market cap of $104.6 million, the fund
has a one-year return of 41.31%. DBS shares are trading 33% below the 52-week
high of $86.98 in April. Global X Silver Miners ETF Shares of the Global X
Silver Miners ETF (AMEX: SIL ) track the price and yield performance of the
Solactive Global Silver Miners Index. At $23.59, SIL has gained 5.93% in the
past month. With a market cap of $336.4 million, the fund has a one-year return
of 24.14%. Shares are trading nearly 25% below the 52-week high of $19.05 in
April. Global X Silver Miners also pays a dividend, with a current yield of
1.02%. As of this writing, Susan J. Aluise did not hold a position in any of the
funds named here.
challenges, precious metals are back in their comfort zone moving opposite to
equities. While the glitter of rising gold prices (above $1,723 per ounce
Wednesday) is eye-popping, don't dismiss the shine of silver (over $33). And
silver exchange-traded funds (ETFs) are a convenient way to gain exposure to the
precious metal. Gold and silver traditionally have been safe havens in tough
financial times, providing a hedge against inflation. The 200-point drop in the
Dow on Tuesday was accompanied by rising prices of both precious metals. Gold
and silver continued to trend higher Wednesday on fears stoked by the second
summit in four days to resolve the European debt crisis. Barclays predicted that
strong physical demand would support gold and silver prices in the coming months
"amid the seasonally strong period for consumption. Why buy silver? It's a
less expensive play than gold that still hedges against inflation, it offsets
the portfolio impact of a weak dollar and there's strong industrial demand for
the metal. Why choose ETFs over physical silver? Theyre far more liquid than
physical silver because ETFs trade over an exchange just like a stock. You also
don't have to worry about expenses like delivery, storage and security. It's
also more affordable: The cash commitment to a gold or silver ETF is less
expensive than stockpiling the physical metal. Even so, not all silver ETFs are
alike. Some ETFs are backed by physical silver bullion, others seek to mirror
silver futures contracts and yet others track stocks of mining companies. In
these increasingly uncertain times, here are three silver ETFs one of each
that deserve a closer look: ETFS Physical Silver Shares Shares in the ETFS
Phsyical Silver Shares Trust (AMEX: SIVR ) are backed by physical silver
bullion. At $33.15, SIVR has gained 8.24% during the past month. With a market
cap of $649.74 million, the fund has a one-year return of 42.89%. SIVR shares
are trading nearly 33% below SIVR's 52-week high of $49.28 in May. PowerShares
DB Silver ETF Shares of the PowerShares DB Silver ETF (AMEX: DBS ) track a
rules-based index composed of futures contracts on silver. At $58.11, DBS has
gained 8.01% in the past month. With a market cap of $104.6 million, the fund
has a one-year return of 41.31%. DBS shares are trading 33% below the 52-week
high of $86.98 in April. Global X Silver Miners ETF Shares of the Global X
Silver Miners ETF (AMEX: SIL ) track the price and yield performance of the
Solactive Global Silver Miners Index. At $23.59, SIL has gained 5.93% in the
past month. With a market cap of $336.4 million, the fund has a one-year return
of 24.14%. Shares are trading nearly 25% below the 52-week high of $19.05 in
April. Global X Silver Miners also pays a dividend, with a current yield of
1.02%. As of this writing, Susan J. Aluise did not hold a position in any of the
funds named here.
4 Stocks Under $1 For Thursday October 27, 2011
Priced under $1, these 4 stocks all have the potential to jump 10% to 20% from
here. Read on to see how Ill consider trading them in todays bull market. Qiao
Wing Universal Resources ( NASDAQ:XING ) has a market cap of $84 million and a
very good looking short term chart. with support at the 20 Moving Average of
$.78, a move above $.90 opens the door to a test of $1 short term. Pacific
Ethanol ( NASDAQ:PEIX ) touted good earnings Wednesday after the close and is
sure to be on fire today. A tiny market cap of $11 million makes this a volatile
play. I expect good liquidity today with resistance at $.51 before it could
really breakout and test the $1 range. Support is at $.40 and $.36. This stock
was alerted in our chat yesterday before earnings, click here to join us . Mad
Catz Interactive Inc ( AMEX:MCZ ) was put out to my subscribers at $.70 on
Monday before the move. I still like it on its way up to $1. Click here to see
how I spotted this big move before it ever happened. National Bank of Greece (
NYSE:NBG ) looks like it could see the $.80 range today. From there Id expect to
see it consolidate and test $1 short term. Unlike the other 3 stocks on this
list, it has a market cap above $1 billion so it wont move as fast as the
others. Support is at $.62 followed by $.60.
here. Read on to see how Ill consider trading them in todays bull market. Qiao
Wing Universal Resources ( NASDAQ:XING ) has a market cap of $84 million and a
very good looking short term chart. with support at the 20 Moving Average of
$.78, a move above $.90 opens the door to a test of $1 short term. Pacific
Ethanol ( NASDAQ:PEIX ) touted good earnings Wednesday after the close and is
sure to be on fire today. A tiny market cap of $11 million makes this a volatile
play. I expect good liquidity today with resistance at $.51 before it could
really breakout and test the $1 range. Support is at $.40 and $.36. This stock
was alerted in our chat yesterday before earnings, click here to join us . Mad
Catz Interactive Inc ( AMEX:MCZ ) was put out to my subscribers at $.70 on
Monday before the move. I still like it on its way up to $1. Click here to see
how I spotted this big move before it ever happened. National Bank of Greece (
NYSE:NBG ) looks like it could see the $.80 range today. From there Id expect to
see it consolidate and test $1 short term. Unlike the other 3 stocks on this
list, it has a market cap above $1 billion so it wont move as fast as the
others. Support is at $.62 followed by $.60.
Gold & Silver Prices – Daily Outlook October 27
Gold and silver prices continued to rise yesterday and thus completed a fourth
business day rally. The European Union leaders reached an agreement on the debt
crisis that could ease the concerns of the financial community and thus curb the
recent rally in gold and silver prices. Currently gold and silver prices are
traded with moderate changes. Today, U.S Q3 2011 GDP growth rate will be
published; Euro Area Monetary Developments report, U.S. Unemployment Claim and
U.S. pending Home Sales. Here is a market outlook of precious metals prices for
today, October 27th: Gold and Silver Prices – October Update Gold price
inclined on Wednesday by 1.36% to $1,723.5; silver price also rose by 0.78% to
$33.31. These are the highest price levels these metals have reached during
October. The chart below shows the development of gold and silver prices during
October (normalized gold and silver prices (September 30th 2011=100)). During
October, gold price increased by 6.2% and silver prices by 10.7%. The ratio
between gold and silver prices slightly inclined on Wednesday, October 26th to
51.74. During October, silver price inclined by a slightly larger rate than gold
price as the ratio fell by 4.1%. Gold and
business day rally. The European Union leaders reached an agreement on the debt
crisis that could ease the concerns of the financial community and thus curb the
recent rally in gold and silver prices. Currently gold and silver prices are
traded with moderate changes. Today, U.S Q3 2011 GDP growth rate will be
published; Euro Area Monetary Developments report, U.S. Unemployment Claim and
U.S. pending Home Sales. Here is a market outlook of precious metals prices for
today, October 27th: Gold and Silver Prices – October Update Gold price
inclined on Wednesday by 1.36% to $1,723.5; silver price also rose by 0.78% to
$33.31. These are the highest price levels these metals have reached during
October. The chart below shows the development of gold and silver prices during
October (normalized gold and silver prices (September 30th 2011=100)). During
October, gold price increased by 6.2% and silver prices by 10.7%. The ratio
between gold and silver prices slightly inclined on Wednesday, October 26th to
51.74. During October, silver price inclined by a slightly larger rate than gold
price as the ratio fell by 4.1%. Gold and
Lessons Learned From Netflix’s Shattered Wall Street Romance
Just three months ago, online movie distributor Netflix (NASDAQ: NFLX ) was one
of the hottest stocks you could own, having soared 800% since the March 2009
market low. But then, in a matter of weeks, the companys business model came
unglued. After Tuesdays plunge, anyone unlucky enough to have bought NFLX at the
July top is now sitting on a 73% loss. My point? Investors are becoming
increasingly skeptical of outfits that promise fantastic earnings growth but
dont return any cash to shareholders in the form of dividends (or even stock
buybacks). Before the next mega-bull market is ready to lift off, I predict the,
Look, Ma, no dividends!, philosophy will have been completely discredited. Were
getting there, one Netflix disaster at a time. Meanwhile, dividend-rich stalwart
McDonalds (NYSE: MCD ) hit an all-time high this week. MCD is the answer to a
question that bothers many investors: If youre worried about a bear market for
stocks in 2012, why dont you sell everything? The fact is, some great defensive
stocks can hold their own even when the rest of the market is crumbling. With
its generous 3% dividend, McDonalds is
of the hottest stocks you could own, having soared 800% since the March 2009
market low. But then, in a matter of weeks, the companys business model came
unglued. After Tuesdays plunge, anyone unlucky enough to have bought NFLX at the
July top is now sitting on a 73% loss. My point? Investors are becoming
increasingly skeptical of outfits that promise fantastic earnings growth but
dont return any cash to shareholders in the form of dividends (or even stock
buybacks). Before the next mega-bull market is ready to lift off, I predict the,
Look, Ma, no dividends!, philosophy will have been completely discredited. Were
getting there, one Netflix disaster at a time. Meanwhile, dividend-rich stalwart
McDonalds (NYSE: MCD ) hit an all-time high this week. MCD is the answer to a
question that bothers many investors: If youre worried about a bear market for
stocks in 2012, why dont you sell everything? The fact is, some great defensive
stocks can hold their own even when the rest of the market is crumbling. With
its generous 3% dividend, McDonalds is
Intel (NASDAQ:INTC) Cutting Ultrabook Prices
Intel (NASDAQ:INTC) has been trying to reduce Ultrabook prices. Intel
(NASDAQ:INTC) Cutting Ultrabook Prices The chip maker Intel (NASDAQ:INTC)
announced that it has been working with suppliers and manufacturers to reduce
the price of its upcoming light and thin Ultrabooks. The company expects that
Ultrabooks will grab up to 40 percent market share by the end of next year.
Intel (NASDAQ:INTC)'s vice president of sales and marketing Navin Shenoy said,
"Thats a challenging target in order for that to happen the price has to come
down. At some point youll have to be at that price point, but it doesnt have to
be overnight. It takes time to engineer a cost down. More work needs to happen
in the ecosystem. Even if were giving the chips away for free, we couldnt hit
the price point we want to hit if we dont work with the rest of the industry".
Intel Corp. (NASDAQ:INTC) shares were at 24.59 at the end of the last days
trading. Theres been a 3.9% movement in the stock price over the past 3 months.
Intel Corp. (NASDAQ:INTC) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.86 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.99 Zacks
Rank: 1 out of 7 in the industry
(NASDAQ:INTC) Cutting Ultrabook Prices The chip maker Intel (NASDAQ:INTC)
announced that it has been working with suppliers and manufacturers to reduce
the price of its upcoming light and thin Ultrabooks. The company expects that
Ultrabooks will grab up to 40 percent market share by the end of next year.
Intel (NASDAQ:INTC)'s vice president of sales and marketing Navin Shenoy said,
"Thats a challenging target in order for that to happen the price has to come
down. At some point youll have to be at that price point, but it doesnt have to
be overnight. It takes time to engineer a cost down. More work needs to happen
in the ecosystem. Even if were giving the chips away for free, we couldnt hit
the price point we want to hit if we dont work with the rest of the industry".
Intel Corp. (NASDAQ:INTC) shares were at 24.59 at the end of the last days
trading. Theres been a 3.9% movement in the stock price over the past 3 months.
Intel Corp. (NASDAQ:INTC) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.86 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.99 Zacks
Rank: 1 out of 7 in the industry
Randgold Resources (GOLD) Shares Downgraded to a "Neutral" Rating by Zacks Investment Research Analysts
Randgold Resources (GOLD) Shares Downgraded to a "Neutral" Rating by Zacks
Investment Research Analysts LocalizedUSA - 46 minutes ago Randgold Resources
(NASDAQ: GOLD) was downgraded by equities research analysts at Zacks Investment
Research from an "outperform" rating to a "neutral" rating in a research
note issued to investors ...
Investment Research Analysts LocalizedUSA - 46 minutes ago Randgold Resources
(NASDAQ: GOLD) was downgraded by equities research analysts at Zacks Investment
Research from an "outperform" rating to a "neutral" rating in a research
note issued to investors ...
China Rumors Added to European Debt Drama
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Stocks opened lower Wednesday amid the failure of the European Union summit to produce a plan to stem the debt crisis. But rumors that the Chinese were buying European bonds and were willing to invest in its bailout fund led to a rush of afternoon buying, and by the close, stocks had recovered most of Tuesday's losses. Volume picked up Wednesday, with 1.1 billion shares trading on the NYSE and 581 million trading on the Nasdaq . Advancers were ahead of decliners by 4-to-1 on the NYSE and 2.6-to-1 on the Nasdaq , which indicates a slight drop in conviction from Monday, the last day stocks advanced. Wednesday was another wild day of high volatility sparked by rumors of Chinese intervention in Europe's debt crisis and the European Central Bank's pledge to buy bonds. There is no way to gauge the truth of such rumors or to know the ability of the ECB to continue with this plan without outside help, except to say that desperation is the mother of hope, so more rumors no doubt will fly before the final outcome is revealed. From a technical perspective, yesterday's rally off of the bottom of the S&P 500's support line at 1,220 was a positive for the bulls. But the close failed to exceed the highs of either Monday or Tuesday and the low was lower. This forms a tight island that could break either way. One of our internal indicators that acts as a gauge of commitment is the momentum indicator, and it is falling, indicating that buying is waning. As the crisis in Europe deepens, investors are turning to the perceived safety of gold . This week, the SPDR Gold Shares (AMEX: GLD ) broke from a rectangle (consolidation) that took a month to form. This break is accompanied by higher volume and a “buy” signal from the stochastic. The reversion back to gold is another indication of weak support for stocks. After a massive flight to the dollar in September, the buck took back most of the gains during October's heavy selling. But this week the volume declined, and yesterday the dollar tested its support at the former breakout line. If the dollar holds at this line, look for gold to move higher and stocks to fall. Conclusion: Technically, Tuesday's reversal following an upside break from the support line at 1,230 was a negative. Yesterday's failure to fully recover also is a negative, especially when coupled with falling momentum. But after 20 months of Europe's officials kicking the can down the road and hoping for a resolution, perhaps in desperation they will turn to the Chinese. This is, of course, beyond the scope of technical analysis, but not beyond the realm of possibility. It therefore is prudent to hold onto current short positions but withdraw from further commitments until the financial outlook in Europe is clarified.
Todays Gold price per ounce rates spot gold price per gram spot silver price per ounce News Today
XCSFDHG46767FHJHJF
dow2664 Gold and silver price per ounce rates finished in the green once again. Contract gold and silver price trends closed above break-even as of official close in the last U.S. trading session. Precious metal gold and silver have spent the last several trading sessions moving in a positive direction on average. Investors have been recently worried about the global economy, specifically regarding the debt resolution process which continues in Europe this day. Stock sell-offs were observed earlier this trading week as investors seemed on edge ahead of the eurozone action plan being made public. This worry pushed gold and silver acquisitions higher and these positive trends continued during the last session. Last session, the dollar fell weaker to the euro. Contract gold for December delivery finished off the day higher overall by 1.36 percent or 23.10 to close out green at 1723.50 per troy ounce. Silver contract for December delivery moved higher by .78 percent or .26 to close green at 33.31 per troy ounce. The one month change status for precious metal gold continues to climb higher. Gold’s one month change is positive by 6.14 percent currently. Silver’s one month change status is positive now by 8.95 percent. Gold and silver continue to attract investor attention. After last session close and prior to today’s session open, spot gold price per gram was trending in positive territory as was spot silver per ounce. Spot gold per gram was higher by .76 at 55.43 at this point. Spot silver price per ounce was higher by .50 at 33.56 at this same point. Camillo Zucari
Gold and Silver Inclined | Oil Prices Slipped–Daily Recap October 26
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices continued their rally and increased for the fourth straight business days; on the other hand crude oil prices sharply fell; natural gas prices were traded with mixed trend ad the spot price inclined while the short term future price slipped yesterday. The EU Summit ended yesterday with several resolutions including a 50% debt reduction for Greece and a boost to 1 trillion euros on the European rescue funds.
Gold on the Cheap — Snap Up This Nugget
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace New Gold , Inc. (AMEX: NGD ) — This mid-cap gold company with assets in the U.S. and the Americas is expected by Zacks to increase earnings in 2012 by 9% to 59 cents, a 29% growth projection. NGD reported second-quarter earnings of 12 cents per share, which met the consensus of nine analysts. New Gold will announce third-quarter earnings Nov. 4, and analysts expect the company to outperform the sector. In early August, the stock broke from a four-month consolidation at just over $11, supported by very high volume. But a general correction in gold drove the stock to its bullish support line and 200-day moving average at $10.50, where it rebounded. The stock sells at a discount to its group and technically could break its high, then drive to $15 before the end of this year. Buy NGD stock at the market.
Gold and Silver Inclined | Oil Prices Slipped–Daily Recap October 26
Gold and silver prices continued their rally and increased for the fourth
straight business days; on the other hand crude oil prices sharply fell; natural
gas prices were traded with mixed trend ad the spot price inclined while the
short term future price slipped yesterday. The EU Summit ended yesterday with
several resolutions including a 50% debt reduction for Greece and a boost to 1
trillion euros on the European rescue funds.
straight business days; on the other hand crude oil prices sharply fell; natural
gas prices were traded with mixed trend ad the spot price inclined while the
short term future price slipped yesterday. The EU Summit ended yesterday with
several resolutions including a 50% debt reduction for Greece and a boost to 1
trillion euros on the European rescue funds.
Todays Gold price per ounce rates spot gold price per gram spot silver price per ounce News Today
Gold and silver price per ounce rates finished in the green once again.
Contract gold and silver price trends closed above break-even as of official
close in the last U.S. trading session. Precious metal gold and silver have
spent the last several trading sessions moving in a positive direction on
average. Investors have been recently worried about the global economy,
specifically regarding the debt resolution process which continues in Europe
this day. Stock sell-offs were observed earlier this trading week as investors
seemed on edge ahead of the eurozone action plan being made public. This worry
pushed gold and silver acquisitions higher and these positive trends continued
during the last session. Last session, the dollar fell weaker to the euro.
Contract gold for December delivery finished off the day higher overall by 1.36
percent or 23.10 to close out green at 1723.50 per troy ounce. Silver contract
for December delivery moved higher by .78 percent or .26 to close green at 33.31
per troy ounce. The one month change status for precious metal gold continues to
climb higher. Golds one month change is positive by 6.14 percent currently.
Silvers one month change status is positive now by 8.95 percent. Gold and silver
continue to attract investor attention. After last session close and prior to
todays session open, spot gold price per gram was trending in positive territory
as was spot silver per ounce. Spot gold per gram was higher by .76 at 55.43 at
this point. Spot silver price per ounce was higher by .50 at 33.56 at this same
point. Camillo Zucari
Contract gold and silver price trends closed above break-even as of official
close in the last U.S. trading session. Precious metal gold and silver have
spent the last several trading sessions moving in a positive direction on
average. Investors have been recently worried about the global economy,
specifically regarding the debt resolution process which continues in Europe
this day. Stock sell-offs were observed earlier this trading week as investors
seemed on edge ahead of the eurozone action plan being made public. This worry
pushed gold and silver acquisitions higher and these positive trends continued
during the last session. Last session, the dollar fell weaker to the euro.
Contract gold for December delivery finished off the day higher overall by 1.36
percent or 23.10 to close out green at 1723.50 per troy ounce. Silver contract
for December delivery moved higher by .78 percent or .26 to close green at 33.31
per troy ounce. The one month change status for precious metal gold continues to
climb higher. Golds one month change is positive by 6.14 percent currently.
Silvers one month change status is positive now by 8.95 percent. Gold and silver
continue to attract investor attention. After last session close and prior to
todays session open, spot gold price per gram was trending in positive territory
as was spot silver per ounce. Spot gold per gram was higher by .76 at 55.43 at
this point. Spot silver price per ounce was higher by .50 at 33.56 at this same
point. Camillo Zucari
Gold on the Cheap — Snap Up This Nugget
New Gold, Inc. (AMEX: NGD ) This mid-cap gold company with assets in the U.S.
and the Americas is expected by Zacks to increase earnings in 2012 by 9% to 59
cents, a 29% growth projection. NGD reported second-quarter earnings of 12 cents
per share, which met the consensus of nine analysts. New Gold will announce
third-quarter earnings Nov. 4, and analysts expect the company to outperform the
sector. In early August, the stock broke from a four-month consolidation at just
over $11, supported by very high volume. But a general correction in gold drove
the stock to its bullish support line and 200-day moving average at $10.50,
where it rebounded. The stock sells at a discount to its group and technically
could break its high, then drive to $15 before the end of this year. Buy NGD
stock at the market.
and the Americas is expected by Zacks to increase earnings in 2012 by 9% to 59
cents, a 29% growth projection. NGD reported second-quarter earnings of 12 cents
per share, which met the consensus of nine analysts. New Gold will announce
third-quarter earnings Nov. 4, and analysts expect the company to outperform the
sector. In early August, the stock broke from a four-month consolidation at just
over $11, supported by very high volume. But a general correction in gold drove
the stock to its bullish support line and 200-day moving average at $10.50,
where it rebounded. The stock sells at a discount to its group and technically
could break its high, then drive to $15 before the end of this year. Buy NGD
stock at the market.
China Rumors Added to European Debt Drama
Stocks opened lower Wednesday amid the failure of the European Union summit to
produce a plan to stem the debt crisis. But rumors that the Chinese were buying
European bonds and were willing to invest in its bailout fund led to a rush of
afternoon buying, and by the close, stocks had recovered most of Tuesday's
losses. Volume picked up Wednesday, with 1.1 billion shares trading on the NYSE
and 581 million trading on the Nasdaq. Advancers were ahead of decliners by
4-to-1 on the NYSE and 2.6-to-1 on the Nasdaq, which indicates a slight drop in
conviction from Monday, the last day stocks advanced. Wednesday was another wild
day of high volatility sparked by rumors of Chinese intervention in Europe's
debt crisis and the European Central Bank's pledge to buy bonds. There is no
way to gauge the truth of such rumors or to know the ability of the ECB to
continue with this plan without outside help, except to say that desperation is
the mother of hope, so more rumors no doubt will fly before the final outcome is
revealed. From a technical perspective, yesterday's rally off of the bottom of
the S&P 500's support line at 1,220 was a positive for the bulls. But the
close failed to exceed the highs of either Monday or Tuesday and the low was
lower. This forms a tight island that could break either way. One of our
internal indicators that acts as a gauge of commitment is the momentum
indicator, and it is falling, indicating that buying is waning. As the crisis in
Europe deepens, investors are turning to the perceived safety of gold. This
week, the SPDR Gold Shares (AMEX: GLD ) broke from a rectangle (consolidation)
that took a month to form. This break is accompanied by higher volume and a buy
signal from the stochastic. The reversion back to gold is another indication of
weak support for stocks. After a massive flight to the dollar in September, the
buck took back most of the gains during October's heavy selling. But this week
the volume declined, and yesterday the dollar tested its support at the former
breakout line. If the dollar holds at this line, look for gold to move higher
and stocks to fall. Conclusion: Technically, Tuesday's reversal following an
upside break from the support line at 1,230 was a negative. Yesterday's
failure to fully recover also is a negative, especially when coupled with
falling momentum. But after 20 months of Europe's officials kicking the can
down the road and hoping for a resolution, perhaps in desperation they will turn
to the Chinese. This is, of course, beyond the scope of technical analysis, but
not beyond the realm of possibility. It therefore is prudent to hold onto
current short positions but withdraw from further commitments until the
financial outlook in Europe is clarified.
produce a plan to stem the debt crisis. But rumors that the Chinese were buying
European bonds and were willing to invest in its bailout fund led to a rush of
afternoon buying, and by the close, stocks had recovered most of Tuesday's
losses. Volume picked up Wednesday, with 1.1 billion shares trading on the NYSE
and 581 million trading on the Nasdaq. Advancers were ahead of decliners by
4-to-1 on the NYSE and 2.6-to-1 on the Nasdaq, which indicates a slight drop in
conviction from Monday, the last day stocks advanced. Wednesday was another wild
day of high volatility sparked by rumors of Chinese intervention in Europe's
debt crisis and the European Central Bank's pledge to buy bonds. There is no
way to gauge the truth of such rumors or to know the ability of the ECB to
continue with this plan without outside help, except to say that desperation is
the mother of hope, so more rumors no doubt will fly before the final outcome is
revealed. From a technical perspective, yesterday's rally off of the bottom of
the S&P 500's support line at 1,220 was a positive for the bulls. But the
close failed to exceed the highs of either Monday or Tuesday and the low was
lower. This forms a tight island that could break either way. One of our
internal indicators that acts as a gauge of commitment is the momentum
indicator, and it is falling, indicating that buying is waning. As the crisis in
Europe deepens, investors are turning to the perceived safety of gold. This
week, the SPDR Gold Shares (AMEX: GLD ) broke from a rectangle (consolidation)
that took a month to form. This break is accompanied by higher volume and a buy
signal from the stochastic. The reversion back to gold is another indication of
weak support for stocks. After a massive flight to the dollar in September, the
buck took back most of the gains during October's heavy selling. But this week
the volume declined, and yesterday the dollar tested its support at the former
breakout line. If the dollar holds at this line, look for gold to move higher
and stocks to fall. Conclusion: Technically, Tuesday's reversal following an
upside break from the support line at 1,230 was a negative. Yesterday's
failure to fully recover also is a negative, especially when coupled with
falling momentum. But after 20 months of Europe's officials kicking the can
down the road and hoping for a resolution, perhaps in desperation they will turn
to the Chinese. This is, of course, beyond the scope of technical analysis, but
not beyond the realm of possibility. It therefore is prudent to hold onto
current short positions but withdraw from further commitments until the
financial outlook in Europe is clarified.
Avoid Netflix — It’s a Value Trap!
After management gave a dismal view of the future Monday, Netflix (NASDAQ: NFLX
) shares tumbled 35% Tuesday. Although revenues actually were 49% higher for the
quarter, the combination of rising fees to TV and movie studios and
higher-than-expected customer defections led the company to forecast losses for
the next year. Alas, such is the fate of a fallen glamour stock. My words
yesterday about the beleaguered Netflix were, unfortunately, prophetic. I wrote,
Chasing trendy stocks is a risky business. Consider the case of Netflix. Earlier
this year, the former growth stock darling could do no wrong. The company that
put Blockbuster into bankruptcy with its DVD-by-mail business was aggressively
expanding its Internet streaming offering. But why anyone would pay a premium
multiple for the stock was a mystery to me. The company had no competitive
advantage, or what Warren Buffett likes to call "moats." Netflix is not
Coca-Cola (NYSE: KO ). Unlike Coke, it does not have an indestructible brand
that can withstand a very bad miscalculation by management. Coca-Cola could
survive something as idiotic as New Coke, a major product upheaval that
customers neither wanted nor needed. Netflix, however, might never fully recover
from its premature decision to cut the DVD-by-mail business loose. It wasn't
always that way. For a brief window of time, Netflix did appear to have a
competitive advantage. The DVD-by-mail business was a quirky idea that just
happened to have perfect timing and, once established, was very expensive for a
would-be competitor to replicate. Alas, it wasn't durable; it had a very
finite shelf life. In the late 1990s, streaming video still was in its infancy
and was not ready for the mass market. Too few Americans had broadband
connections, and even if they did, they lacked access to Internet-ready TVs and
DVD players. And again, even if they had such devices, movie studios were not
yet prepared to make their content available over the Internet. Movie watchers
still were dependent on physical media, and for those who liked the convenience
of home delivery, the DVD-by-mail service was a perfect fit. Today, a decade
later, it seemed anachronistic and almost quaint to physically mail something
that can be quickly delivered digitally; this is the age of the iTunes song and
the Kindle e-book. Netflix's management realized this and was right to
de-emphasize the DVD-by-mail business and corral its customers into the Internet
streaming service. But the move to split the company into two separate sites
and dramatically raise prices in the process was moving too far too fast. And
with no competitive moat to prevent customers from going to rival services like
Hulu Plus or Amazon s (NASDAQ: AMZN ) Amazon Prime, Netflix suddenly looks very
vulnerable .
) shares tumbled 35% Tuesday. Although revenues actually were 49% higher for the
quarter, the combination of rising fees to TV and movie studios and
higher-than-expected customer defections led the company to forecast losses for
the next year. Alas, such is the fate of a fallen glamour stock. My words
yesterday about the beleaguered Netflix were, unfortunately, prophetic. I wrote,
Chasing trendy stocks is a risky business. Consider the case of Netflix. Earlier
this year, the former growth stock darling could do no wrong. The company that
put Blockbuster into bankruptcy with its DVD-by-mail business was aggressively
expanding its Internet streaming offering. But why anyone would pay a premium
multiple for the stock was a mystery to me. The company had no competitive
advantage, or what Warren Buffett likes to call "moats." Netflix is not
Coca-Cola (NYSE: KO ). Unlike Coke, it does not have an indestructible brand
that can withstand a very bad miscalculation by management. Coca-Cola could
survive something as idiotic as New Coke, a major product upheaval that
customers neither wanted nor needed. Netflix, however, might never fully recover
from its premature decision to cut the DVD-by-mail business loose. It wasn't
always that way. For a brief window of time, Netflix did appear to have a
competitive advantage. The DVD-by-mail business was a quirky idea that just
happened to have perfect timing and, once established, was very expensive for a
would-be competitor to replicate. Alas, it wasn't durable; it had a very
finite shelf life. In the late 1990s, streaming video still was in its infancy
and was not ready for the mass market. Too few Americans had broadband
connections, and even if they did, they lacked access to Internet-ready TVs and
DVD players. And again, even if they had such devices, movie studios were not
yet prepared to make their content available over the Internet. Movie watchers
still were dependent on physical media, and for those who liked the convenience
of home delivery, the DVD-by-mail service was a perfect fit. Today, a decade
later, it seemed anachronistic and almost quaint to physically mail something
that can be quickly delivered digitally; this is the age of the iTunes song and
the Kindle e-book. Netflix's management realized this and was right to
de-emphasize the DVD-by-mail business and corral its customers into the Internet
streaming service. But the move to split the company into two separate sites
and dramatically raise prices in the process was moving too far too fast. And
with no competitive moat to prevent customers from going to rival services like
Hulu Plus or Amazon s (NASDAQ: AMZN ) Amazon Prime, Netflix suddenly looks very
vulnerable .
Is CROX a Stock with Too Many Holes?
Crocs Inc. (NASDAQ: CROX ) is a great stock to watch right now, particularly
after having been walloped in recent weeks. Whenever this occurs, it's always
fun to see who thinks the stock is going to zero and who thinks it's a
screaming buy. One Web site currently has an article asking if a second
"shoe" is waiting to drop, while another claims that CROX is too cheap to
ignore right now.
after having been walloped in recent weeks. Whenever this occurs, it's always
fun to see who thinks the stock is going to zero and who thinks it's a
screaming buy. One Web site currently has an article asking if a second
"shoe" is waiting to drop, while another claims that CROX is too cheap to
ignore right now.
Todays DJIA Dow Jones Industrial Average DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today’s Opening News
Global market indicators closed out the previous session mixed but the primary
stock indices in the U.S. finished above break-even. The Dow Jones Industrial
Average, as well as the Nasdaq and the S&P 500, finished the recent trading
session in the green. Officially, the DJIA finished the last trading session
higher by 1.39 percent or 162.42 to close at 11,869.04. The Nasdaq finished the
last session higher by .46 percent or 12.25 at 2,650.67. The S&P 500 finished
off higher by 1.05 percent or 12.95 to close out at 1,242. Stocks finished mixed
in Europe as investors remained cautious ahead of the debt resolution plan being
made public. The debt resolution action plan that European leaders have been
collaborating on is not yet finalized. News was scheduled to post yesterday
regarding this plan, but the details have not yet been nailed down and agreed
upon. Investors remained optimistic that this plan will materialize and
ultimately stabilize European finances. As a result of this positively skewed
outlook, investors helped to push stock indices higher. The past weeks worth of
finishes in the U.S. stock market have been relatively positive overall. October
appears to be in position to end as one of the strongest October finishes for
stocks in the U.S. in quite some time. The S&P 500 and the Nasdaq are both up by
almost 10 percent in October and the Dow Jones Industrial Average is up by
almost 9 percent overall for this month. News from the Census Bureau yesterday
was weaker than expected. Hopes relating to Europe were enough to keep index
trends higher, even with the weak durable goods orders report. The dollar
dropped weaker to the euro and yen. Oil price per barrel dropped but gold price
per ounce rates climbed higher to close. Frank Matto
stock indices in the U.S. finished above break-even. The Dow Jones Industrial
Average, as well as the Nasdaq and the S&P 500, finished the recent trading
session in the green. Officially, the DJIA finished the last trading session
higher by 1.39 percent or 162.42 to close at 11,869.04. The Nasdaq finished the
last session higher by .46 percent or 12.25 at 2,650.67. The S&P 500 finished
off higher by 1.05 percent or 12.95 to close out at 1,242. Stocks finished mixed
in Europe as investors remained cautious ahead of the debt resolution plan being
made public. The debt resolution action plan that European leaders have been
collaborating on is not yet finalized. News was scheduled to post yesterday
regarding this plan, but the details have not yet been nailed down and agreed
upon. Investors remained optimistic that this plan will materialize and
ultimately stabilize European finances. As a result of this positively skewed
outlook, investors helped to push stock indices higher. The past weeks worth of
finishes in the U.S. stock market have been relatively positive overall. October
appears to be in position to end as one of the strongest October finishes for
stocks in the U.S. in quite some time. The S&P 500 and the Nasdaq are both up by
almost 10 percent in October and the Dow Jones Industrial Average is up by
almost 9 percent overall for this month. News from the Census Bureau yesterday
was weaker than expected. Hopes relating to Europe were enough to keep index
trends higher, even with the weak durable goods orders report. The dollar
dropped weaker to the euro and yen. Oil price per barrel dropped but gold price
per ounce rates climbed higher to close. Frank Matto
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