October was nothing short of incredible for the stock market the S&P 500
gained almost 11% for the month and the Dow Jones Industrial Average rose about
10%. The euphoria is palpable. But will it last? Sure, the markets are thriving
right now, but what are the bears thinking about as the economies of most
developed nations are stagnating? It might be interesting to delve inside the
mind of a professional not sold on the market rally continuing. Ive mixed some
conjecture with some of his paraphrased comments to give you an idea of what
iconic investor Jim Rogers might have to say about some facets of Octobers
rally, as well as what to expect looking forward: Europe Weve seen this movie
before. Rather than letting the banks fail, European leaders are going to bail
them out. Quantitative easing like the kind used by the Federal Reserve doesnt
solve anything. If weve learned just one thing from whats happened in the U.S.,
its that letting banks fail helps the system it doesnt hurt it. The same holds
true in Europe. Why is there a need to save bondholders? There are ways to
protect shareholders to a certain extent, but at the end of the day, when all
the banks are put in a room, it should be easy to choose those deserving of a
second chance. Not letting banks fail only prolongs the inevitable. Lets fix the
system permanently rather than applying a Band-Aid, which is all this really is.
Commodities Scarcity is a word well hear often in the future. As the population
of the world just hit 7 billion people and will hit 8 billion within another
decade, commodities are going to be the most sought-after asset anywhere. While
the markets have done great in October, its been 12 years of going nowhere, and
we should expect more of the same. The Dow Jones Industrial Average increased
just 25% between 1964 and 1982 less than 2% a year. While stocks are bad, bonds
are worse. The 30-year run on bonds is over. As we see from the Occupy Wall
Street protests, social unrest is only going to get worse. Investors can protect
themselves from both a sideways market and the scarcity that exists in foods,
fuels and metals by investing in indices that own all three. Agriculture Of the
three main commodity groups, agriculture is by far the most promising. Several
factors make this so: First, nobody wants to be a farmer anymore. Everybody
wants to get their MBA. Add to this the population growth alluded to earlier,
and you have the perfect storm. Shortages will get worse and worse. Those who
own the means of production, as well as the arable land necessary to produce
food supplies, will win the battle. Everyone else will sputter along. Technology
As mentioned in the opening paragraph, the S&P 500 is up 11.8% in October. The
market has gotten quite frothy. In fact, eight out of 10 S&P 500 sectors are
extremely overbought, according to Bespoke Investment group. Valuations for tech
stock IPOs like LinkedIn (NYSE: LNKD ), Fusion-IO (NYSE: FIO ) and Youku.com
(NYSE: YOKU ) have gone through the roof. As of Oct. 28, the three stocks
average a price-to-sales ratio of 22 compared to an industry average of 5.1 and
an S&P 500 average of 1.1. Shorting tech stocks and going long on agriculture
stocks like Deere & Co. (NYSE: DE ) makes an awful lot of sense. Bottom Line
Looking at the long term, China will be the winner in the 21st century. For now,
stocks seem expensive and with the possibility of stagflation on our doorstep,
the best form of protection is to short tech stocks and emerging markets and
invest in commodities instead. As of this writing, Will Ashworth did not own a
position in any of the aforementioned stocks.
Tuesday, November 1, 2011
Todays DJIA Dow Jones Industrial Average DJX DJI, Nasdaq, S&P 500 Stock Market Investing News USA Today
Investors on Wall Street remain on edge regarding the Greek austerity action
plan. The primary stock indices in the eurozone closed out the opening trading
session of November in the red. The CAC 40 finished lower by 5.23 percent. The
DAX in Germany closed out lower by 5.09 percent and the FTSE 100 finished the
day red by 2.78 percent. The plan that European leaders agreed on during the
final week of October is now in question during the opening week of trading in
November. Market indices around the globe dropped lower as news spread of the
Greek calls for a referendum. The financial crisis looms large once again in the
eurozone and recessive potentials are now back on the table. As a result, the
primary index composites in the U.S. finished in the red across the board. The
Dow Jones Industrial Average closed the last session lower by 2.48 percent at
11,657.96. The Nasdaq finished the last session red by 2.89 percent at 2,606.96.
The S&P 500 closed out the opening day of November lower by 2.79 percent at
1,218.28. Stocks in the U.S. ended the opening session significantly lower.
Investors are worried that the austerity plan in Greece is in jeopardy and that
global markets will be pressured due to the delays the call for a public vote
has caused. The dollar continued to gain strength versus primary global indices.
Oil price per barrel dropped lower last session as did gold price per ounce.
Frank Matto
plan. The primary stock indices in the eurozone closed out the opening trading
session of November in the red. The CAC 40 finished lower by 5.23 percent. The
DAX in Germany closed out lower by 5.09 percent and the FTSE 100 finished the
day red by 2.78 percent. The plan that European leaders agreed on during the
final week of October is now in question during the opening week of trading in
November. Market indices around the globe dropped lower as news spread of the
Greek calls for a referendum. The financial crisis looms large once again in the
eurozone and recessive potentials are now back on the table. As a result, the
primary index composites in the U.S. finished in the red across the board. The
Dow Jones Industrial Average closed the last session lower by 2.48 percent at
11,657.96. The Nasdaq finished the last session red by 2.89 percent at 2,606.96.
The S&P 500 closed out the opening day of November lower by 2.79 percent at
1,218.28. Stocks in the U.S. ended the opening session significantly lower.
Investors are worried that the austerity plan in Greece is in jeopardy and that
global markets will be pressured due to the delays the call for a public vote
has caused. The dollar continued to gain strength versus primary global indices.
Oil price per barrel dropped lower last session as did gold price per ounce.
Frank Matto
Notable News on BIDU, DANG, RENN, SINA, YOKU (Nov 1, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below is the latest notable news on
Download the presentation on the upcoming #goldprojects in Kyrgyzstan
XCSFDHG46767FHJHJF
min2664 During the Soviet period, Kyrgyzstan had 170 proven deposits of gold and around 100 gold fields that were charted but untapped. Today, Kyrgyzstan is home to the seventh world's largest gold deposit – Kumtor, the estimated value of which is US 5.5 billion. For the past few years, we have seen a tremendous rise in the gold prices. With Kyrgyzstan’s vast #gold deposits, the country looks ripe for a mining boom. At the Central Asia Mining Congress , we had Dmitry Makarov, Principal Geologist of TK Geo Resource CJSC shared with the audience on the key aspects and future goals of Dolpran and Balyksu Projects as well as on the business and partnership opportunities available. TK Geo Resource CSJC is one of the up and coming gold mine in the country, with tremendous exploration and production potential. In his presentation at the Central Asia Mining Congress , Mr. Makarov brought to our attention the following: • Exploration Performed on the Deposit • Gold Resources and Reserves • Associated Components • Recoverability of Commercial Components • Deposit Development and Project Development Concept Plan • Key Value and business opportunities Want to find out more how you can participate in the future development of the gold projects at Dolpran and Balyksu deposits? Download his full presentation slides here . Join us at the Central Asia Mining Congress 2012 and find out more about the region's latest and upcoming projects and how you can become a part of it.
Download the presentation on the upcoming #goldprojects in Kyrgyzstan
During the Soviet period, Kyrgyzstan had 170 proven deposits of gold and around
100 gold fields that were charted but untapped. Today, Kyrgyzstan is home to the
seventh world's largest gold deposit – Kumtor, the estimated value of which
is US 5.5 billion. For the past few years, we have seen a tremendous rise in the
gold prices. With Kyrgyzstans vast #gold deposits, the country looks ripe for a
mining boom. At the Central Asia Mining Congress , we had Dmitry Makarov,
Principal Geologist of TK Geo Resource CJSC shared with the audience on the key
aspects and future goals of Dolpran and Balyksu Projects as well as on the
business and partnership opportunities available. TK Geo Resource CSJC is one of
the up and coming gold mine in the country, with tremendous exploration and
production potential. In his presentation at the Central Asia Mining Congress ,
Mr. Makarov brought to our attention the following: • Exploration Performed on
the Deposit • Gold Resources and Reserves • Associated Components •
Recoverability of Commercial Components • Deposit Development and Project
Development Concept Plan • Key Value and business opportunities Want to find
out more how you can participate in the future development of the gold projects
at Dolpran and Balyksu deposits? Download his full presentation slides here .
Join us at the Central Asia Mining Congress 2012 and find out more about the
region's latest and upcoming projects and how you can become a part of it.
100 gold fields that were charted but untapped. Today, Kyrgyzstan is home to the
seventh world's largest gold deposit – Kumtor, the estimated value of which
is US 5.5 billion. For the past few years, we have seen a tremendous rise in the
gold prices. With Kyrgyzstans vast #gold deposits, the country looks ripe for a
mining boom. At the Central Asia Mining Congress , we had Dmitry Makarov,
Principal Geologist of TK Geo Resource CJSC shared with the audience on the key
aspects and future goals of Dolpran and Balyksu Projects as well as on the
business and partnership opportunities available. TK Geo Resource CSJC is one of
the up and coming gold mine in the country, with tremendous exploration and
production potential. In his presentation at the Central Asia Mining Congress ,
Mr. Makarov brought to our attention the following: • Exploration Performed on
the Deposit • Gold Resources and Reserves • Associated Components •
Recoverability of Commercial Components • Deposit Development and Project
Development Concept Plan • Key Value and business opportunities Want to find
out more how you can participate in the future development of the gold projects
at Dolpran and Balyksu deposits? Download his full presentation slides here .
Join us at the Central Asia Mining Congress 2012 and find out more about the
region's latest and upcoming projects and how you can become a part of it.
Randgold Resources Ltd. (GOLD): Today's Featured Metals & Mining Winner
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Randgold Resources Ltd. ( GOLD ): Today's Featured Metals & Mining Winner TheStreet.com – 1 hour ago By TheStreet Wire 11/01/11 – 05:00 PM EDT Randgold Resources ( GOLD ) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole …
Gold Price Closed at $1,711 down 0.8%
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1,711.00 Change : -13.20 or -0.8% Silver Price Close Today : 3272.00 Change : -162.00 or -5.0% Platinum Price Close Today : 1,578.80 Change : -18.80 or -1.2% Palladium Price Close Today : 634.90 Change : -16.15 or -2.5% Gold Silver Ratio Today : 52.29 Change : 2.07 or 1.04% Dow Industrial : 11,955.01 Change : -276.10 or -2.3% US Dollar Index : 76.49 Change : 1.41 or 1.8% Franklin Sanders has not published any commentary today, he will be away until 8th November.
Tuesday Apple Rumors — Amazon Music Player Vanishes From App Store
Here are your Apple rumors and AAPL stock news items for Tuesday: Amazon Cloud
Music Player Evaporates from Apple App Store: Amazon s (NASDAQ: AMZN ) Cloud
Drive lets users store large amounts of digital music on the retailers servers.
Interactive Innovative Solutions aMusic app offered in the Apple (NASDAQ: AAPL )
App Store for use on the iPhone and iPad lets owners of those devices stream
music from their Amazon Cloud Drive accounts. Its an entrepreneurial work around
Apples strict rules on distributing competing media services via the App Store.
That is, it would be if Interactive Innovative Solutions wasnt forced to remove
the app from the store. Evolver.fm (via Apple Insider ) reported on Tuesday that
the apps creator, James Clancey, had to remove the app because of legal problems
. Although he didnt specify exactly what legal problems caused the apps removal,
he did suggest that it was music labels and not Apple or Amazon that pressed the
issue. Clancey said, Labels were not too pleased with the way this app united
Amazons cloud music lockers with Apples iOS devices, according to the report.
Apple Spending Big on Cloud, Retail in 2012: Whats coming next year from
Cupertino, Calif.s big cheese? The iPad 3? The iPhone 5? How about that
newfangled Apple HDTV? All strong candidates for release next year, sure, but
thats what Apple is going to be making money with. What is Apple going to be
spending on with its more than $76 billion? Cloud computing technology and
retail expansion, according to a Monday report from Giga Om . The company is
expecting to drop $8 billion in capital expenditures next year , compared to
just $3.4 billion in 2011. UBS analyst Maynard Um, referring to Apples recently
filed 10-K, noted that Apple will spend $900 million on retail expansion, with
plans to open 40 new stores in 2012, 75% of which will be based outside of the
United States. The remaining $7.1 billion is earmarked for product tooling and
manufacturing process equipment, and corporate facilities and infrastructure,
including information systems hardware, software, and enhancements. As Giga Om
writer Erica Ogg notes, information systems hardware, software, and enhancements
likely refers to the expansion of Apples data center in North Carolina and its
overall data storage/cloud business. Google Brings Gmail App to iPhone: Google
(NASDAQ: GOOG ) offers perfectly usable versions of its tools like email service
Gmail on Apples portable devices, but those services are predominantly only
accessible through the web browser on the iPhone and iPad. Now Gmails 260
million users will have an app of their very own. A Monday report at 9 to 5 Mac
said the technology company is very close to releasing a full-featured Gmail app
for the iPhone . That said, Apple reportedly hasnt approved the app yet, so it
might be some time before its finally available to the public. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
Music Player Evaporates from Apple App Store: Amazon s (NASDAQ: AMZN ) Cloud
Drive lets users store large amounts of digital music on the retailers servers.
Interactive Innovative Solutions aMusic app offered in the Apple (NASDAQ: AAPL )
App Store for use on the iPhone and iPad lets owners of those devices stream
music from their Amazon Cloud Drive accounts. Its an entrepreneurial work around
Apples strict rules on distributing competing media services via the App Store.
That is, it would be if Interactive Innovative Solutions wasnt forced to remove
the app from the store. Evolver.fm (via Apple Insider ) reported on Tuesday that
the apps creator, James Clancey, had to remove the app because of legal problems
. Although he didnt specify exactly what legal problems caused the apps removal,
he did suggest that it was music labels and not Apple or Amazon that pressed the
issue. Clancey said, Labels were not too pleased with the way this app united
Amazons cloud music lockers with Apples iOS devices, according to the report.
Apple Spending Big on Cloud, Retail in 2012: Whats coming next year from
Cupertino, Calif.s big cheese? The iPad 3? The iPhone 5? How about that
newfangled Apple HDTV? All strong candidates for release next year, sure, but
thats what Apple is going to be making money with. What is Apple going to be
spending on with its more than $76 billion? Cloud computing technology and
retail expansion, according to a Monday report from Giga Om . The company is
expecting to drop $8 billion in capital expenditures next year , compared to
just $3.4 billion in 2011. UBS analyst Maynard Um, referring to Apples recently
filed 10-K, noted that Apple will spend $900 million on retail expansion, with
plans to open 40 new stores in 2012, 75% of which will be based outside of the
United States. The remaining $7.1 billion is earmarked for product tooling and
manufacturing process equipment, and corporate facilities and infrastructure,
including information systems hardware, software, and enhancements. As Giga Om
writer Erica Ogg notes, information systems hardware, software, and enhancements
likely refers to the expansion of Apples data center in North Carolina and its
overall data storage/cloud business. Google Brings Gmail App to iPhone: Google
(NASDAQ: GOOG ) offers perfectly usable versions of its tools like email service
Gmail on Apples portable devices, but those services are predominantly only
accessible through the web browser on the iPhone and iPad. Now Gmails 260
million users will have an app of their very own. A Monday report at 9 to 5 Mac
said the technology company is very close to releasing a full-featured Gmail app
for the iPhone . That said, Apple reportedly hasnt approved the app yet, so it
might be some time before its finally available to the public. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
Gold, Silver Lower, Miners Pummeled Tuesday
Investors might be left wondering what prompted Greek Prime Minister George
Papandreou to throw up another hurdle in the path of resolving the euro zone
debt crisis, but they arent waiting to find out how it turns out. Theyve been
dumping shares, commodities and precious metals since Asian markets opened for
trading Tuesday following news that the Greek PM decided to put the latest EU
debt resolution plan up for popular vote in a national referendum. A
below-expectations 50.4 for Chinas October Purchasing Managers Index didnt help
matters, and MF Global s (NYSE: MF ) Chapter 11 bankruptcy filing didnt shore up
confidence, either, particularly among Wall Street banks and hedge funds. Spot
gold was down less than 1% at 10:15 a.m., having hit a high of $1,703.70 and a
low of $1,680.60 on Tuesday morning. Spot gold was bid at $1,702.50 with an ask
price of $1,703.50 per ounce. The London morning reference price was fixed at
$1,702 per ounce, according to Kitco market data . Spot silver was more than 3%
lower, trading at $33.20 Bid, $33.30 Ask, having hit a morning high of $33.33
and a low of $32.06. Tuesdays reference price was set at $32.97 per ounce in the
London a.m. Gold and silver trusts were down sharply in exchange trading. The
SPDR Gold Trust (AMEX: GLD ) was more than 2.4% lower. The iShares Gold Trust
(AMEX: IAU ) was down nearly 2.5%. The iShares Silver Trust (AMEX: SLV ) was
getting pummeled, down nearly 5.7%. Gold and silver mining ETFs were getting
shellacked as well. The Market Vectors Gold Miners ETF (AMEX: GDX ) was nearly
5.4% lower. The Market Vector Junior Gold Miners ETF (AMEX: GDXJ ) was down
nearly 7.2%. The Global X Silver Miners ETF (AMEX: SIL ) was more than 8% lower.
Shares of gold miners also were showing big morning losses. Agnico-Eagle Mines
(USA) (NYSE: AEM ) was around 2.6% lower. Barrick Gold Corp. (NYSE: ABX ) was
around 4.9% lower. Goldcorp (NYSE: GG ) was down around 5.4%. Newmont Mining
Corp. (NYSE: NEM ) was 5.5% lower. NovaGold Resources (USA) (AMEX: NG ) was down
nearly 5.2%. Silver miners shares were down sharply across the board. Coeur
DAlene Mines Corp. (NYSE: CDE ) was around 8.7% lower. Hecla Mining (NYSE: HL )
was down around 8.4%. Pan American Silver Corp. (USA) (NASDAQ: PAAS ) was down
more than 3%. Silver Wheaton Corp. (USA) (NYSE: SLW ) was showing losses of some
7.9%. Silver Standard Resources Inc. (USA) (NASDAQ: SSRI ) was down more than
8.2%. As of this writing, Andrew Burger did not own a position in any of the
aforementioned stocks.
Papandreou to throw up another hurdle in the path of resolving the euro zone
debt crisis, but they arent waiting to find out how it turns out. Theyve been
dumping shares, commodities and precious metals since Asian markets opened for
trading Tuesday following news that the Greek PM decided to put the latest EU
debt resolution plan up for popular vote in a national referendum. A
below-expectations 50.4 for Chinas October Purchasing Managers Index didnt help
matters, and MF Global s (NYSE: MF ) Chapter 11 bankruptcy filing didnt shore up
confidence, either, particularly among Wall Street banks and hedge funds. Spot
gold was down less than 1% at 10:15 a.m., having hit a high of $1,703.70 and a
low of $1,680.60 on Tuesday morning. Spot gold was bid at $1,702.50 with an ask
price of $1,703.50 per ounce. The London morning reference price was fixed at
$1,702 per ounce, according to Kitco market data . Spot silver was more than 3%
lower, trading at $33.20 Bid, $33.30 Ask, having hit a morning high of $33.33
and a low of $32.06. Tuesdays reference price was set at $32.97 per ounce in the
London a.m. Gold and silver trusts were down sharply in exchange trading. The
SPDR Gold Trust (AMEX: GLD ) was more than 2.4% lower. The iShares Gold Trust
(AMEX: IAU ) was down nearly 2.5%. The iShares Silver Trust (AMEX: SLV ) was
getting pummeled, down nearly 5.7%. Gold and silver mining ETFs were getting
shellacked as well. The Market Vectors Gold Miners ETF (AMEX: GDX ) was nearly
5.4% lower. The Market Vector Junior Gold Miners ETF (AMEX: GDXJ ) was down
nearly 7.2%. The Global X Silver Miners ETF (AMEX: SIL ) was more than 8% lower.
Shares of gold miners also were showing big morning losses. Agnico-Eagle Mines
(USA) (NYSE: AEM ) was around 2.6% lower. Barrick Gold Corp. (NYSE: ABX ) was
around 4.9% lower. Goldcorp (NYSE: GG ) was down around 5.4%. Newmont Mining
Corp. (NYSE: NEM ) was 5.5% lower. NovaGold Resources (USA) (AMEX: NG ) was down
nearly 5.2%. Silver miners shares were down sharply across the board. Coeur
DAlene Mines Corp. (NYSE: CDE ) was around 8.7% lower. Hecla Mining (NYSE: HL )
was down around 8.4%. Pan American Silver Corp. (USA) (NASDAQ: PAAS ) was down
more than 3%. Silver Wheaton Corp. (USA) (NYSE: SLW ) was showing losses of some
7.9%. Silver Standard Resources Inc. (USA) (NASDAQ: SSRI ) was down more than
8.2%. As of this writing, Andrew Burger did not own a position in any of the
aforementioned stocks.
Gold Price Closed at $1,711 down 0.8%
Gold Price Close Today : 1,711.00 Change : -13.20 or -0.8% Silver Price Close
Today : 3272.00 Change : -162.00 or -5.0% Platinum Price Close Today : 1,578.80
Change : -18.80 or -1.2% Palladium Price Close Today : 634.90 Change : -16.15 or
-2.5% Gold Silver Ratio Today : 52.29 Change : 2.07 or 1.04% Dow Industrial :
11,955.01 Change : -276.10 or -2.3% US Dollar Index : 76.49 Change : 1.41 or
1.8% Franklin Sanders has not published any commentary today, he will be away
until 8th November.
Today : 3272.00 Change : -162.00 or -5.0% Platinum Price Close Today : 1,578.80
Change : -18.80 or -1.2% Palladium Price Close Today : 634.90 Change : -16.15 or
-2.5% Gold Silver Ratio Today : 52.29 Change : 2.07 or 1.04% Dow Industrial :
11,955.01 Change : -276.10 or -2.3% US Dollar Index : 76.49 Change : 1.41 or
1.8% Franklin Sanders has not published any commentary today, he will be away
until 8th November.
Google Inc. (NASDAQ:GOOG) Reader Integration Continues
Google Inc. (NASDAQ:GOOG) has integrated Google Reader with Google+. Google
Inc. (NASDAQ:GOOG) Reader Integration Continues Google Inc. (NASDAQ:GOOG) has
closed the content sharing features of its RSS feed manager as the company
integrated Google Reader with its social networking site Google+. Now Reader
users have to set up a Google+ account to share their feeds. The users cannot
use pseudonyms in Google+, so they have to switch to using their real names.
Alan Green, Google Inc. (NASDAQ:GOOG)'s software engineer, said, "We hope
youll like the new Reader and Google+ as much as we do, but we understand that
some of you may not. Retiring Readers sharing features wasnt a decision that we
made lightly, but in the end, it helps us focus on fewer areas, and build an
even better experience across all of Google Inc. (NASDAQ:GOOG)". Google Inc.
(NASDAQ:GOOG) shares were at 592.64 at the end of the last days trading. Theres
been a -0.6% movement in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.19 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.26 Zacks
Rank: 5 out of 31 in the industry
Inc. (NASDAQ:GOOG) Reader Integration Continues Google Inc. (NASDAQ:GOOG) has
closed the content sharing features of its RSS feed manager as the company
integrated Google Reader with its social networking site Google+. Now Reader
users have to set up a Google+ account to share their feeds. The users cannot
use pseudonyms in Google+, so they have to switch to using their real names.
Alan Green, Google Inc. (NASDAQ:GOOG)'s software engineer, said, "We hope
youll like the new Reader and Google+ as much as we do, but we understand that
some of you may not. Retiring Readers sharing features wasnt a decision that we
made lightly, but in the end, it helps us focus on fewer areas, and build an
even better experience across all of Google Inc. (NASDAQ:GOOG)". Google Inc.
(NASDAQ:GOOG) shares were at 592.64 at the end of the last days trading. Theres
been a -0.6% movement in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.19 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.26 Zacks
Rank: 5 out of 31 in the industry
Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar
Apple Inc. (NASDAQ:AAPL) has decided to double its capital expenditure in 2012.
Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar According to reports, the
US based technology giant Apple Inc. (NASDAQ:AAPL) will spend around $8 billion
to double its capital expenditure in 2012. On top of this, the company is also
planning to boost spending on retail outlets by $300 million. Apple Inc.
(NASDAQ:AAPL) is spending around $900 million on expanding and refreshing its
network of retail outlets in 2012, with about 30 new stores planned for outside
the US. Apple Inc. (NASDAQ:AAPL) shares are currently standing at 404.78. Price
History Last Price: 404.78 52 Week Low / High: 297.76 / 426.7 50 Day Moving
Average: 391.28 6 Month Price Change %: 15.7% 12 Month Price Change %: 32.7%
Apple Inc. (NASDAQ:AAPL) Capital Expenditure To Soar According to reports, the
US based technology giant Apple Inc. (NASDAQ:AAPL) will spend around $8 billion
to double its capital expenditure in 2012. On top of this, the company is also
planning to boost spending on retail outlets by $300 million. Apple Inc.
(NASDAQ:AAPL) is spending around $900 million on expanding and refreshing its
network of retail outlets in 2012, with about 30 new stores planned for outside
the US. Apple Inc. (NASDAQ:AAPL) shares are currently standing at 404.78. Price
History Last Price: 404.78 52 Week Low / High: 297.76 / 426.7 50 Day Moving
Average: 391.28 6 Month Price Change %: 15.7% 12 Month Price Change %: 32.7%
The Way to Trade Greek Democracy
Funny thing about those Greeks – after the close on Monday, they remembered
their country was the birthplace of democracy. Thus, they decided their people
should vote on the bailout package that has broken their economy, is going to
break their banks and pension funds in the coming weeks, and will put the
economy into a five-year recession. Sounds appropriate except that in all
countries, not just in Greece most politicians have no understanding of the
impact on financial markets and the European, U.S. and world economies of a
rejection of the bailout. In other words, there is not one chance in a million
that the Greek people will be made to understand what will happen if they reject
the bailout. What would a no vote mean? And what would it mean for an investor
in the good old U.S. of A., wondering why the vote of a few million people in
Greece could ruin their retirement, their kids' college funds, and their plans
to buy that foreclosed house or that used yacht on eBay? There are two views on
the matter, so far. View No. 1: This is a negotiating ploy – and a very crafty
one, I might add – by Greek Prime Minister George Papandreou. The referendum
on the bailout is scheduled for January. He wants better terms – less
austerity so the Greeks can continue to employ an unspeakable number of public
workers … more capital at a very low cost for the Greek banks (all of them
insolvent after the 50% haircut on Greek debt goes through) … and a promise
Greece will not be kicked out of the Eurozone if they hit some very soft budget
targets. View No. 2: Papandreou is somewhat sincere. He believes the people need
to vote on their future, and the vote will determine if his government falls and
a new election is required to find a new set of politicians to negotiate with
the powers-that-be in Europe for a different kind of bailout. Both views have,
at their center, a political calculus by the Greek prime minister that is both
cunning and terribly flawed. It is cunning because, alone among the Europeans,
he recognizes time is not an independent variable. The longer the uncertainty,
the more the bond market loses faith in the debt of Greece, Portugal, Ireland,
Spain, Italy and, whoops, France. Plus, he stands a chance of getting better
terms as markets deteriorate and the crisis spreads. However, it is terribly
flawed because the Greek voters do not really matter. The only voters that
matter are those paragons of fiscal virtue, the good Germans those people who
are happy excoriating others while their own banks are the worst-capitalized in
the developed world. But hey, some dumb banks had to loan money so people could
buy our products and keep unemployment up. Let's put away the current events
analysis and focus on you – what can you, the individual investor, do? Your
Short-Term Trading Strategy Right now, you need to be very wary of putting new
money to work on the long side unless it is very long-term – i.e., three years
or more – capital. The short-term trades – i.e., two months or less are all
about fear. Those include gold and its cousins (the gold miners and silver) and
volatility. Be sure to keep a close eye on the CBOE Volatility Index (CBOE: VIX
), the market measure of volatility that's sometimes referred to as the
"fear index." There is no way to know tomorrow's headlines. Plus, you
don't necessarily need to own anything if you are focused on the short term.
The way to play it, then, is to sell puts on key stocks and Exchange-Traded
Funds. That way, you get to collect some short-term cash while the Greek tragedy
keeps adding new acts. Sell puts on the SPDR Gold Trust ETF (AMEX: GLD ), the
Gold Miners ETF (AMEX: GDX ), the Silver ETF (AMEX: SLV ) and the iPath S&P 500
VIX Short-Term Futures ETN (AMEX: VXX ), which is the ETF for the VIX. I also
like the very obvious play on the dollar going up as the euro falls. The ETF for
the dollar is the PowerShares U.S. Dollar Index Bullish (AMEX: UUP ). A good way
to play UUP is to buy it and then sell calls against it (i.e., the covered call
strategy). Your Longer-Term Trading Strategy Even before this latest Athenian
hiccup, some great names were selling very cheap. These are strong covered-call
candidates to ride throughout the turmoil. My favorites are GLD, SLV, Deere &
Co. (NYSE: DE ), Potash (NYSE: POT ), Apple (NASDAQ: AAPL ), Amazon (NASDAQ:
AMZN ), Ford (NYSE: F ), General Motors (NYSE: GM ) and a gold miner, Newmont
Mining (NYSE: NEM ). To get started, you'll build positions in 100-share
increments and, five nanoseconds after you own them, turn around and sell
short-term calls against them. All of these names not only have monthly options,
but they offer weekly options as well. If Apple is at the same price a year from
now, you can generate the equivalent of a 15%-24% dividend. This is pretty much
the story for all these names. You can take the cash and spend it … or you can
average down your costs by buying more shares or you can use it to hedge your
entire portfolio against Greek democracy by buying some way, way
out-of-the-money puts on the S&P 500, as a "just in case" trade. Things are
going to get more volatile and even-more interesting before we can see clearly
what is gong to happen in Athens, Berlin, Europe, here and throughout the world
markets. Stay tuned!
their country was the birthplace of democracy. Thus, they decided their people
should vote on the bailout package that has broken their economy, is going to
break their banks and pension funds in the coming weeks, and will put the
economy into a five-year recession. Sounds appropriate except that in all
countries, not just in Greece most politicians have no understanding of the
impact on financial markets and the European, U.S. and world economies of a
rejection of the bailout. In other words, there is not one chance in a million
that the Greek people will be made to understand what will happen if they reject
the bailout. What would a no vote mean? And what would it mean for an investor
in the good old U.S. of A., wondering why the vote of a few million people in
Greece could ruin their retirement, their kids' college funds, and their plans
to buy that foreclosed house or that used yacht on eBay? There are two views on
the matter, so far. View No. 1: This is a negotiating ploy – and a very crafty
one, I might add – by Greek Prime Minister George Papandreou. The referendum
on the bailout is scheduled for January. He wants better terms – less
austerity so the Greeks can continue to employ an unspeakable number of public
workers … more capital at a very low cost for the Greek banks (all of them
insolvent after the 50% haircut on Greek debt goes through) … and a promise
Greece will not be kicked out of the Eurozone if they hit some very soft budget
targets. View No. 2: Papandreou is somewhat sincere. He believes the people need
to vote on their future, and the vote will determine if his government falls and
a new election is required to find a new set of politicians to negotiate with
the powers-that-be in Europe for a different kind of bailout. Both views have,
at their center, a political calculus by the Greek prime minister that is both
cunning and terribly flawed. It is cunning because, alone among the Europeans,
he recognizes time is not an independent variable. The longer the uncertainty,
the more the bond market loses faith in the debt of Greece, Portugal, Ireland,
Spain, Italy and, whoops, France. Plus, he stands a chance of getting better
terms as markets deteriorate and the crisis spreads. However, it is terribly
flawed because the Greek voters do not really matter. The only voters that
matter are those paragons of fiscal virtue, the good Germans those people who
are happy excoriating others while their own banks are the worst-capitalized in
the developed world. But hey, some dumb banks had to loan money so people could
buy our products and keep unemployment up. Let's put away the current events
analysis and focus on you – what can you, the individual investor, do? Your
Short-Term Trading Strategy Right now, you need to be very wary of putting new
money to work on the long side unless it is very long-term – i.e., three years
or more – capital. The short-term trades – i.e., two months or less are all
about fear. Those include gold and its cousins (the gold miners and silver) and
volatility. Be sure to keep a close eye on the CBOE Volatility Index (CBOE: VIX
), the market measure of volatility that's sometimes referred to as the
"fear index." There is no way to know tomorrow's headlines. Plus, you
don't necessarily need to own anything if you are focused on the short term.
The way to play it, then, is to sell puts on key stocks and Exchange-Traded
Funds. That way, you get to collect some short-term cash while the Greek tragedy
keeps adding new acts. Sell puts on the SPDR Gold Trust ETF (AMEX: GLD ), the
Gold Miners ETF (AMEX: GDX ), the Silver ETF (AMEX: SLV ) and the iPath S&P 500
VIX Short-Term Futures ETN (AMEX: VXX ), which is the ETF for the VIX. I also
like the very obvious play on the dollar going up as the euro falls. The ETF for
the dollar is the PowerShares U.S. Dollar Index Bullish (AMEX: UUP ). A good way
to play UUP is to buy it and then sell calls against it (i.e., the covered call
strategy). Your Longer-Term Trading Strategy Even before this latest Athenian
hiccup, some great names were selling very cheap. These are strong covered-call
candidates to ride throughout the turmoil. My favorites are GLD, SLV, Deere &
Co. (NYSE: DE ), Potash (NYSE: POT ), Apple (NASDAQ: AAPL ), Amazon (NASDAQ:
AMZN ), Ford (NYSE: F ), General Motors (NYSE: GM ) and a gold miner, Newmont
Mining (NYSE: NEM ). To get started, you'll build positions in 100-share
increments and, five nanoseconds after you own them, turn around and sell
short-term calls against them. All of these names not only have monthly options,
but they offer weekly options as well. If Apple is at the same price a year from
now, you can generate the equivalent of a 15%-24% dividend. This is pretty much
the story for all these names. You can take the cash and spend it … or you can
average down your costs by buying more shares or you can use it to hedge your
entire portfolio against Greek democracy by buying some way, way
out-of-the-money puts on the S&P 500, as a "just in case" trade. Things are
going to get more volatile and even-more interesting before we can see clearly
what is gong to happen in Athens, Berlin, Europe, here and throughout the world
markets. Stay tuned!
Randgold Resources Ltd. (GOLD): Today's Featured Metals & Mining Winner
Randgold Resources Ltd. (GOLD): Todays Featured Metals & Mining Winner
TheStreet.com - 1 hour ago By TheStreet Wire 11/01/11 - 05:00 PM EDT Randgold
Resources (GOLD) pushed the Metals & Mining industry higher today making it
todays featured metals & mining winner. The industry as a whole ...
TheStreet.com - 1 hour ago By TheStreet Wire 11/01/11 - 05:00 PM EDT Randgold
Resources (GOLD) pushed the Metals & Mining industry higher today making it
todays featured metals & mining winner. The industry as a whole ...
Greece Grips the World — Tuesday’s IP Market Recap
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Fallout from Europe continued to dominate financial news for the early week, with Tuesday's announcement that Greek Prime Minister George Papandreou was putting last week's bailout agreement to a referendum sending markets spiraling downward, and more revelations from Monday's bankruptcy filing of euro debt-riddled brokerage firm MF Global (NYSE: MF ). The major indices were down almost 3% Tuesday on news that a long-awaited deal to bail banks out from Greece's sovereign debt — reached late last month, sparking an enormous market rally — would go to Greek voters in January. This sparked worries that a populace already suffering some austerity measures might vote down the deal for fear of more economic hardship. Financial stocks were down across the board, including Barclays (NYSE: BCS , -9.3%, $11.35), Citigroup (NYSE: C , -7.7%, $29.17) and Morgan Stanley (NYSE: MS , -8%, $16.23) — all of which also got slammed Monday on the MF Global news. Also Tuesday, The Associated Press reported that an unnamed executive from MF Global admitted to regulators Monday that the firm used client cash in its own trades , which would violate government regulations. The admittance came after regulators discovered about $700 million was missing. Adding to MF's problems, JPMorgan Chase (NYSE: JPM ), which is owed more than $1.2 billion by MF Global, filed an objection Tuesday in bankruptcy court. The filing asks the court to limit MF's use of cash collateral and asks for preference over other creditors for MF Global's assets. JPM finished Tuesday down 5.9% at $32.71. Yahoo ( NASDAQ : YHOO ), the subject of much takeover talk of its own, announced Tuesday it was making strides into localized advertising with a $270 million purchase of Interclick ( NASDAQ : ICLK ). Yahoo released a statement saying Interclick's technology, which includes gathering demographic and geographic data, would "allow Yahoo to expand its targeting and data capabilities to deliver campaigns with stronger performance metrics." The $9 per share offer gave ICLK a 21% gain on the day, but YHOO couldn't fight the market, losing 4.5% to $14.93. Three Up Pharmasset ( NASDAQ : VRUS ): Up 9.36% ($6.59) to $76.99. Acme Packet (NASDAQ: APKT ): Up 6.41% ($2.32) to $38.53. Expedia (NASDAQ: EXPE ): Up 4.27% ($1.12) to $27.38. Three Down General Motors (NYSE: GM ): Down 9.75% ($2.52) to $23.33. CME Group (NASDAQ: CME ): Down 8.59% ($23.68) to $251.88. Royal Caribbean Cruises (NYSE: RCL ): Down 8.24% ($2.45) to $27.27. As of this writing, Kyle Woodley did not own a position in any of the aforementioned stocks. Check out recaps from previous trading days here .
Google TV and YouTube — Google’s 1-2 Combo to Take on Television
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace This is how an industry changes: An old technology butts up against a new technology, and the businesses controlling both distrust one another until the dividing lines between the technologies blur and ultimately disappear. Here at the end of 2011, it’s television that’s going through this metamorphosis. Cable companies are becoming streaming video companies , broadcast content is becoming web content, and computer technology companies are becoming television manufacturers . Google ( NASDAQ : GOOG ) made strides to ease this process along in late 2010 with its ill-fated Google TV project. It failed miserably, but now Google is refreshing the project. Google TV’s rebirth might do more than just secure Google’s place in the television business, though — Google TV might be the key to finally making YouTube the profit driver it hoped for when Google purchased it five years ago. Google TV is a platform, used in Sony (NYSE: SNE ) televisions and Logitech ( NASDAQ : LOGI ) set-top boxes, that lets users search for television shows. Results come from the web, broadcast and the user’s cable service in equal measure. Google TV was, at release, a complete failure, savaged by critics, ignored by consumers and bombed by content providers like News Corp. ( NASDAQ : NWS ), who blocked the platform from accessing its web-based content. The new Google TV update, announced by Google on Friday , looks to remedy many of the basic problems that plagued it in 2010. Improvements include a streamlined user interface that doesn’t obscure shows or movies, as well as a superior search feature that pulls results from services like Netflix (NASDAQ: NFLX ), Amazon (NASDAQ: AMZN ) and Time Warner ‘s (NYSE: TWX ) HBO Go. The new Google TV also supports the Android App Market — a feature that should enthuse the huge population of Android-powered smartphone users that would like to enjoy the same entertainment at home. The most significant feature of the update, however, is the changes it brings to YouTube. YouTube content is emphasized in Google TV’s revamped search tools, but the YouTube app itself has been rebuilt for viewing on HD television sets. As Venture Beat ‘s Devindra Hardawar wrote on Sunday, Google is going to closely tie its new, original YouTube content to Google TV — content it has invested some $100 million into.
Volatility Soars, But VXX Still Well Off its Peak
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace The iPath S&P 500 VIX Short-Term Futures ETN (AMEX: VXX ), also known as the Volatility ETF, has been on quite a rollercoaster ride during the past three months. Just today, it’s up almost 30% (10+ points). The ride started way back in August, when the VXX sat in the low $20s, clearly on its way to 0. That wasn’t to say that the CBOE Volatility Index (CBOE: VIX ) – the market’s measure of short-term volatility —
U.S. PMI Manufacturing Index Slightly Slipped to 50.8%
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing PMI reached 50.8% during October. The U.S. Manufacturing PMI, which is an index that shows the economic activity in the U.S. manufacturing sector, grew for the 27th consecutive month; the growth rate declined from 51.6% in September to 50.8% in October i.e. a 0.8 percent points decrease. This means that the U.S. manufacturing sector is still growing but at a slightly slower pace in October compared to September. Among the factors that were examined in this survey: one of the sharpest decrease was in customers’ inventories from 49.0% to 43.5% – a decrease of 5.5 percent point; exports also fell by 3.5 percent points to 50% – still in a growing rate; on the other hand, among the factors that expanded were new orders – a rise of 2.8 percent point to 52.4% and backlog of orders – an increase of 6.0 percent point to 47.5. According to Roache et. al (2008) it was suggested that the PMI Manufacturing ISM report has a negative correlation with gold and silver prices, without controlling the US dollar effect. Currently, it seems that this news doesn’t have much of an effect
Gold Futures Recover Majority of Earlier Losses
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures settled lower Friday, with the COMEX December 2011 contract finishing down $13.40, or 0.8%, at $1,711.80 per ounce amid widespread liquidation in financial markets. However, the yellow metal staged an impressive comeback as trading progressed, as it rebounded from an intra-day low of $1,681.20 per ounce. The spot price of gold even turned positive this afternoon, by $3.31 at $1,718.24 per ounce. Silver futures followed a similar path to the yellow metal, as they too recaptured the large majority of their losses. Gold ’s sister precious metal tumbled to as low as $32.11 per ounce this morning, but climbed back to $33.23 this afternoon. The bounce back in gold and silver coincided with the U.S. dollar paring its gains against a basket of the world’s leading currencies.
Greece Grips the World — Tuesday’s IP Market Recap
Fallout from Europe continued to dominate financial news for the early week,
with Tuesday's announcement that Greek Prime Minister George Papandreou was
putting last week's bailout agreement to a referendum sending markets
spiraling downward, and more revelations from Monday's bankruptcy filing of
euro debt-riddled brokerage firm MF Global (NYSE: MF ). The major indices were
down almost 3% Tuesday on news that a long-awaited deal to bail banks out from
Greece's sovereign debt reached late last month, sparking an enormous market
rally would go to Greek voters in January. This sparked worries that a populace
already suffering some austerity measures might vote down the deal for fear of
more economic hardship. Financial stocks were down across the board, including
Barclays (NYSE: BCS , -9.3%, $11.35), Citigroup (NYSE: C , -7.7%, $29.17) and
Morgan Stanley (NYSE: MS , -8%, $16.23) all of which also got slammed Monday on
the MF Global news. Also Tuesday, The Associated Press reported that an unnamed
executive from MF Global admitted to regulators Monday that the firm used client
cash in its own trades , which would violate government regulations. The
admittance came after regulators discovered about $700 million was missing.
Adding to MF's problems, JPMorgan Chase (NYSE: JPM ), which is owed more than
$1.2 billion by MF Global, filed an objection Tuesday in bankruptcy court. The
filing asks the court to limit MF's use of cash collateral and asks for
preference over other creditors for MF Global's assets. JPM finished Tuesday
down 5.9% at $32.71. Yahoo (NASDAQ: YHOO ), the subject of much takeover talk of
its own, announced Tuesday it was making strides into localized advertising with
a $270 million purchase of Interclick (NASDAQ: ICLK ). Yahoo released a
statement saying Interclick's technology, which includes gathering demographic
and geographic data, would "allow Yahoo to expand its targeting and data
capabilities to deliver campaigns with stronger performance metrics." The $9
per share offer gave ICLK a 21% gain on the day, but YHOO couldn't fight the
market, losing 4.5% to $14.93. Three Up Pharmasset (NASDAQ: VRUS ): Up 9.36%
($6.59) to $76.99. Acme Packet (NASDAQ: APKT ): Up 6.41% ($2.32) to $38.53.
Expedia (NASDAQ: EXPE ): Up 4.27% ($1.12) to $27.38. Three Down General Motors
(NYSE: GM ): Down 9.75% ($2.52) to $23.33. CME Group (NASDAQ: CME ): Down 8.59%
($23.68) to $251.88. Royal Caribbean Cruises (NYSE: RCL ): Down 8.24% ($2.45) to
$27.27. As of this writing, Kyle Woodley did not own a position in any of the
aforementioned stocks. Check out recaps from previous trading days here .
with Tuesday's announcement that Greek Prime Minister George Papandreou was
putting last week's bailout agreement to a referendum sending markets
spiraling downward, and more revelations from Monday's bankruptcy filing of
euro debt-riddled brokerage firm MF Global (NYSE: MF ). The major indices were
down almost 3% Tuesday on news that a long-awaited deal to bail banks out from
Greece's sovereign debt reached late last month, sparking an enormous market
rally would go to Greek voters in January. This sparked worries that a populace
already suffering some austerity measures might vote down the deal for fear of
more economic hardship. Financial stocks were down across the board, including
Barclays (NYSE: BCS , -9.3%, $11.35), Citigroup (NYSE: C , -7.7%, $29.17) and
Morgan Stanley (NYSE: MS , -8%, $16.23) all of which also got slammed Monday on
the MF Global news. Also Tuesday, The Associated Press reported that an unnamed
executive from MF Global admitted to regulators Monday that the firm used client
cash in its own trades , which would violate government regulations. The
admittance came after regulators discovered about $700 million was missing.
Adding to MF's problems, JPMorgan Chase (NYSE: JPM ), which is owed more than
$1.2 billion by MF Global, filed an objection Tuesday in bankruptcy court. The
filing asks the court to limit MF's use of cash collateral and asks for
preference over other creditors for MF Global's assets. JPM finished Tuesday
down 5.9% at $32.71. Yahoo (NASDAQ: YHOO ), the subject of much takeover talk of
its own, announced Tuesday it was making strides into localized advertising with
a $270 million purchase of Interclick (NASDAQ: ICLK ). Yahoo released a
statement saying Interclick's technology, which includes gathering demographic
and geographic data, would "allow Yahoo to expand its targeting and data
capabilities to deliver campaigns with stronger performance metrics." The $9
per share offer gave ICLK a 21% gain on the day, but YHOO couldn't fight the
market, losing 4.5% to $14.93. Three Up Pharmasset (NASDAQ: VRUS ): Up 9.36%
($6.59) to $76.99. Acme Packet (NASDAQ: APKT ): Up 6.41% ($2.32) to $38.53.
Expedia (NASDAQ: EXPE ): Up 4.27% ($1.12) to $27.38. Three Down General Motors
(NYSE: GM ): Down 9.75% ($2.52) to $23.33. CME Group (NASDAQ: CME ): Down 8.59%
($23.68) to $251.88. Royal Caribbean Cruises (NYSE: RCL ): Down 8.24% ($2.45) to
$27.27. As of this writing, Kyle Woodley did not own a position in any of the
aforementioned stocks. Check out recaps from previous trading days here .
Gold Futures Recover Majority of Earlier Losses
Gold futures settled lower Friday, with the COMEX December 2011 contract
finishing down $13.40, or 0.8%, at $1,711.80 per ounce amid widespread
liquidation in financial markets. However, the yellow metal staged an impressive
comeback as trading progressed, as it rebounded from an intra-day low of
$1,681.20 per ounce. The spot price of gold even turned positive this afternoon,
by $3.31 at $1,718.24 per ounce. Silver futures followed a similar path to the
yellow metal, as they too recaptured the large majority of their losses. Golds
sister precious metal tumbled to as low as $32.11 per ounce this morning, but
climbed back to $33.23 this afternoon. The bounce back in gold and silver
coincided with the U.S. dollar paring its gains against a basket of the worlds
leading currencies.
finishing down $13.40, or 0.8%, at $1,711.80 per ounce amid widespread
liquidation in financial markets. However, the yellow metal staged an impressive
comeback as trading progressed, as it rebounded from an intra-day low of
$1,681.20 per ounce. The spot price of gold even turned positive this afternoon,
by $3.31 at $1,718.24 per ounce. Silver futures followed a similar path to the
yellow metal, as they too recaptured the large majority of their losses. Golds
sister precious metal tumbled to as low as $32.11 per ounce this morning, but
climbed back to $33.23 this afternoon. The bounce back in gold and silver
coincided with the U.S. dollar paring its gains against a basket of the worlds
leading currencies.
Top 10 Most Profitable U.S.-Listed Chinese Stocks: TBOW, SCOK, CYOU, TAOM, HGSH, GA, BIDU, NTES, KONE, CNET (Nov 01, 2011)
Below are the top 10 most profitable U.S.-listed Chinese stocks for the last 12
months. Trunkbow International Holdings Ltd (NASDAQ:TBOW) is the 1st most
profitable stock in this segment of the market. Its net profit margin was 65.72%
for the last 12 months. Its operating profit margin was 49.19% for the same
period. SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ:SCOK) is the 2nd most
profitable stock in this segment of the market. Its net profit margin was 53.72%
for the last 12 months. Its operating profit margin was 31.63% for the same
period. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 3rd most profitable stock
in this segment of the market. Its net profit margin was 50.66% for the last 12
months. Its operating profit margin was 57.94% for the same period. Taomee
Holdings Ltd (NYSE:TAOM) is the 4th most profitable stock in this segment of the
market. Its net profit margin was 47.76% for the last 12 months. Its operating
profit margin was 46.62% for the same period. China HGS Real Estate, Inc.
(NASDAQ:HGSH) is the 5th most profitable stock in this segment of the market.
Its net profit margin was 47.14% for the last 12 months. Its operating profit
margin was 49.12% for the same period. Giant Interactive Group Inc (ADR)
(NYSE:GA) is the 6th most profitable stock in this segment of the market. Its
net profit margin was 46.02% for the last 12 months. Its operating profit margin
was 54.45% for the same period. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 7th
most profitable stock in this segment of the market. Its net profit margin was
46.00% for the last 12 months. Its operating profit margin was 52.53% for the
same period. NetEase.com, Inc. (ADR) (NASDAQ:NTES) is the 8th most profitable
stock in this segment of the market. Its net profit margin was 44.50% for the
last 12 months. Its operating profit margin was 45.63% for the same period.
Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) is the 9th most
profitable stock in this segment of the market. Its net profit margin was 43.69%
for the last 12 months. Its operating profit margin was 53.04% for the same
period. Chinanet Online Holdings Inc (NASDAQ:CNET) is the 10th most profitable
stock in this segment of the market. Its net profit margin was 40.25% for the
last 12 months. Its operating profit margin was 42.16% for the same period.
months. Trunkbow International Holdings Ltd (NASDAQ:TBOW) is the 1st most
profitable stock in this segment of the market. Its net profit margin was 65.72%
for the last 12 months. Its operating profit margin was 49.19% for the same
period. SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ:SCOK) is the 2nd most
profitable stock in this segment of the market. Its net profit margin was 53.72%
for the last 12 months. Its operating profit margin was 31.63% for the same
period. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 3rd most profitable stock
in this segment of the market. Its net profit margin was 50.66% for the last 12
months. Its operating profit margin was 57.94% for the same period. Taomee
Holdings Ltd (NYSE:TAOM) is the 4th most profitable stock in this segment of the
market. Its net profit margin was 47.76% for the last 12 months. Its operating
profit margin was 46.62% for the same period. China HGS Real Estate, Inc.
(NASDAQ:HGSH) is the 5th most profitable stock in this segment of the market.
Its net profit margin was 47.14% for the last 12 months. Its operating profit
margin was 49.12% for the same period. Giant Interactive Group Inc (ADR)
(NYSE:GA) is the 6th most profitable stock in this segment of the market. Its
net profit margin was 46.02% for the last 12 months. Its operating profit margin
was 54.45% for the same period. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 7th
most profitable stock in this segment of the market. Its net profit margin was
46.00% for the last 12 months. Its operating profit margin was 52.53% for the
same period. NetEase.com, Inc. (ADR) (NASDAQ:NTES) is the 8th most profitable
stock in this segment of the market. Its net profit margin was 44.50% for the
last 12 months. Its operating profit margin was 45.63% for the same period.
Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) is the 9th most
profitable stock in this segment of the market. Its net profit margin was 43.69%
for the last 12 months. Its operating profit margin was 53.04% for the same
period. Chinanet Online Holdings Inc (NASDAQ:CNET) is the 10th most profitable
stock in this segment of the market. Its net profit margin was 40.25% for the
last 12 months. Its operating profit margin was 42.16% for the same period.
Possible Bullish Engulfing Pattern Detected for Royal Gold (NASDAQ:RGLD)
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Possible Bullish Engulfing Pattern Detected for Royal Gold ( NASDAQ :RGLD) Financial News Network Online – 31 minutes ago Analysts have spotted a possible bullish engulfing pattern in Royal Gold ( NASDAQ :RGLD) based on the price action in the company's shares. Thus far today, Royal Gold has traded 592,000 shares, vs …
Greece Drops a Bomb on Europe
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Well, the Europeans thought they had a deal. Yet it appears Greece had other plans. Proving yet again that Greece is not worthy of European Union membership and is incapable of handling the responsibility that comes with using the euro, Prime Minister George Papandreou threw October's grand debt bargain to the whims of the fickle Greek electorate by calling a referendum in January. The move appeared to catch all major parties to the deal — including Papandreou's own finance minister — completely by surprise and drew harsh criticism across the board. World stock markets tumbled on the news as investors are left to grapple with the question: What happens now? What happens if Greek voters
Top 10 Most Widely Followed Small Cap Stocks: STP, SPWRA, TSL, ARO, LEAP, FHN, CAVM, CAKE, YGE, SNV (Nov 01, 2011)
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tdp2664 China Analyst Below are the top 10 most widely followed Small Cap stocks, based on the number of brokerage analysts following them. Three Chinese companies (STP, TSL, YGE) are on the list. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 1st most widely followed stock in this segment of the market. It is covered by 39 analysts. It currently receives positive investment ratings from 6 brokerage analysts. SunPower Corporation (NASDAQ:SPWRA) is the 2nd most widely followed stock in this segment of the market. It is covered by 35 analysts. It currently receives positive investment ratings from 4 brokerage analysts. Trina Solar Limited (ADR) (NYSE:TSL) is the 3rd most widely followed stock in this segment of the market. It is covered by 34 analysts. It currently receives positive investment ratings from 22 brokerage analysts. Aeropostale, Inc. (NYSE:ARO) is the 4th most widely followed stock in this segment of the market. It is covered by 33 analysts. It currently receives positive investment ratings from 6 brokerage analysts. Leap Wireless International, Inc. (NASDAQ:LEAP) is the 5th most widely followed stock in this segment of the market. It is covered by 31 analysts. It currently receives positive investment ratings from 9 brokerage analysts. First Horizon National Corporation (NYSE:FHN) is the 6th most widely followed stock in this segment of the market. It is covered by 30 analysts. It currently receives positive investment ratings from 15 brokerage analysts. Cavium Inc (NASDAQ:CAVM) is the 7th most widely followed stock in this segment of the market. It is covered by 29 analysts. It currently receives positive investment ratings from 15 brokerage analysts. The Cheesecake Factory Incorporated (NASDAQ:CAKE) is the 8th most widely followed stock in this segment of the market. It is covered by 29 analysts. It currently receives positive investment ratings from 10 brokerage analysts. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the 9th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 8 brokerage analysts. Synovus Financial Corp. (NYSE:SNV) is the 10th most widely followed stock in this segment of the market. It is covered by 28 analysts. It currently receives positive investment ratings from 6 brokerage analysts.
First Stimulate the Economy, Then Cut Taxes
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tdp2664 InvestorPlace Forget about Herman Cain's "9-9-9 Plan" or Rick Perry's “flat tax” — the best way to jump-start the economy is the “Sullivan Plan," which calls for tax reform to be shelved until the economy has recovered further. The idea that writer Martin A. Sullivan is proposing is a simple but powerful one. Too often, tax reform plans are done in a vacuum without considering their long-term consequences. Cain was forced to tweak the 9-9-9 plan after experts realized that 84% of Americans would see their taxes go up if it were enacted. Under Perry's optional 20% flat tax, federal revenue would be slashed by 27% in 2015 . Critics claim that the Texas governor's proposal would benefit the richest Americans at the expense of everyone else. While the tax code does need reform, creating more jobs is a far more pressing problem. Unfortunately, there is no bipartisan agreement on how to do it. With Washington gridlocked by partisan rancor and both President Barack Obama and Congress at or near record low job approval ratings, odds of any complicated legislation being enacted before the 2012 election are slim to none. " Tax reform is one of the most difficult legislative tasks possible — something reserved for popular second-term presidents with a growing economy and a good working relationship with Congress," Sullivan wrote in an article for Taxanalysts.com . "Tax reform will again make sense when unemployment and debt are under control or, at a minimum, there is political consensus on the general approach for getting there." Sullivan points out that the U.S. can't cut its way to prosperity just like a private company can't cut its way to sustained profitability. The American economy needs to be stimulated by increasing — not decreasing — federal spending. Like other mainstream commentators, Sullivan argues that the Obama administration's $787 billion stimulus plan in 2009 probably prevented the second Great Depression. The time is right for stimulus. "Stimulus is not an economic policy for all seasons. But conditions now, unfortunately, are perfect." Sullivan wrote. "Inflation is low. Unemployment is high. Confidence is shot. Interest rates have hit rock bottom, and still business and consumers are not spending." The problem is figuring out how much stimulus is enough. As Ezra Klein noted in her Washington Post blog several months ago, a “back of the envelope” calculation shows that for every $100 billion in stimulus spending, 1 million jobs are created for one year. Theoretically, it would shave about one-half a percentage point off the unemployment rate, which is stuck above 9%. There were about 14 million unemployed people in the United States as of October. Though pouring about $14 trillion into the economy theoretically would put these people all back to work, that is neither feasible nor wise. For one thing, the government wouldn't be able to spend that amount of money — nearly five times the $3.729 trillion the federal government is slated to spend in the current fiscal year. Moreover, inflation would skyrocket and it would cause the deficit to soar. The economy, however, easily could handle a spending jolt about the same size of the 2009 plan without breaking too much of an economic sweat (though it certainly would cause a political one). Even modest stimulus measures such as Obama's recent $300 billion plan have been rejected outright. Meanwhile, the economy continues to lumber along so slowly that many don't believe a recovery is occurring. And who can blame them? In September, employers created 103,000 non-farm jobs . Though that seems impressive, it really isn't given that about 45,000 of those jobs were generated because the Verizon (NYSE: VZ ) strike ended. "We need to get the economy up off the floor," said Chad Stone, chief economist at the think tank Center on Budget and Policy Priorities, in an interview. That's easier said than done. As of this writing, Jonathan Berr did not own a position in any of the aforementioned stocks. Follow him on Twitter at @jdberr.
Microsoft Corporation (NASDAQ:MSFT) Integrating Downloadable Docs
The availability of Zetadocs Express for Microsoft Dynamics NAV has been
announced. Microsoft Corporation (NASDAQ:MSFT) Integrating Downloadable Docs The
availability of Zetadocs Express for Microsoft Corporation (NASDAQ:MSFT)
Dynamics NAV has been announced by Microsoft Corporation (NASDAQ:MSFT) and
Equisys. Zetadocs Express is a new downloadable document management module that
integrates Microsoft Corporation (NASDAQ:MSFT) Dynamics NAV 2009 R2 with
Microsoft Corporation (NASDAQ:MSFT) Office 365 providing NAV users on a
Business Ready Enhancement Plan with key document management capabilities at no
additional license cost. Jannik Bausager, Director, Microsoft Dynamics NAV
Global Product Management, said that, Were thrilled to introduce Zetadocs
Express for Microsoft Corporation (NASDAQ:MSFT) Dynamics NAV enabling customers
using the RoleTailored user experience and on a Business Ready Enhancement Plan
to access a number of key benefits. For example, users can now email commonly
used reports such as sales invoices directly through the RoleTailored user
interface, and the integration with Microsoft SharePoint Online means that
documents related to Microsoft Corporation (NASDAQ:MSFT) Dynamics NAV can be
made available across an organization quickly and simply". Microsoft Corp.
(NASDAQ:MSFT) stocks were at 26.63 at the end of the last days trading. Theres
been a -1.5% movement in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.73 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.8 Zacks Rank:
23 out of 90 in the industry
announced. Microsoft Corporation (NASDAQ:MSFT) Integrating Downloadable Docs The
availability of Zetadocs Express for Microsoft Corporation (NASDAQ:MSFT)
Dynamics NAV has been announced by Microsoft Corporation (NASDAQ:MSFT) and
Equisys. Zetadocs Express is a new downloadable document management module that
integrates Microsoft Corporation (NASDAQ:MSFT) Dynamics NAV 2009 R2 with
Microsoft Corporation (NASDAQ:MSFT) Office 365 providing NAV users on a
Business Ready Enhancement Plan with key document management capabilities at no
additional license cost. Jannik Bausager, Director, Microsoft Dynamics NAV
Global Product Management, said that, Were thrilled to introduce Zetadocs
Express for Microsoft Corporation (NASDAQ:MSFT) Dynamics NAV enabling customers
using the RoleTailored user experience and on a Business Ready Enhancement Plan
to access a number of key benefits. For example, users can now email commonly
used reports such as sales invoices directly through the RoleTailored user
interface, and the integration with Microsoft SharePoint Online means that
documents related to Microsoft Corporation (NASDAQ:MSFT) Dynamics NAV can be
made available across an organization quickly and simply". Microsoft Corp.
(NASDAQ:MSFT) stocks were at 26.63 at the end of the last days trading. Theres
been a -1.5% movement in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.73 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.8 Zacks Rank:
23 out of 90 in the industry
Top 10 Most Widely Followed Small Cap Stocks: STP, SPWRA, TSL, ARO, LEAP, FHN, CAVM, CAKE, YGE, SNV (Nov 01, 2011)
Below are the top 10 most widely followed Small Cap stocks, based on the number
of brokerage analysts following them. Three Chinese companies (STP, TSL, YGE)
are on the list. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 1st
most widely followed stock in this segment of the market. It is covered by 39
analysts. It currently receives positive investment ratings from 6 brokerage
analysts. SunPower Corporation (NASDAQ:SPWRA) is the 2nd most widely followed
stock in this segment of the market. It is covered by 35 analysts. It currently
receives positive investment ratings from 4 brokerage analysts. Trina Solar
Limited (ADR) (NYSE:TSL) is the 3rd most widely followed stock in this segment
of the market. It is covered by 34 analysts. It currently receives positive
investment ratings from 22 brokerage analysts. Aeropostale, Inc. (NYSE:ARO) is
the 4th most widely followed stock in this segment of the market. It is covered
by 33 analysts. It currently receives positive investment ratings from 6
brokerage analysts. Leap Wireless International, Inc. (NASDAQ:LEAP) is the 5th
most widely followed stock in this segment of the market. It is covered by 31
analysts. It currently receives positive investment ratings from 9 brokerage
analysts. First Horizon National Corporation (NYSE:FHN) is the 6th most widely
followed stock in this segment of the market. It is covered by 30 analysts. It
currently receives positive investment ratings from 15 brokerage analysts.
Cavium Inc (NASDAQ:CAVM) is the 7th most widely followed stock in this segment
of the market. It is covered by 29 analysts. It currently receives positive
investment ratings from 15 brokerage analysts. The Cheesecake Factory
Incorporated (NASDAQ:CAKE) is the 8th most widely followed stock in this segment
of the market. It is covered by 29 analysts. It currently receives positive
investment ratings from 10 brokerage analysts. Yingli Green Energy Hold. Co.
Ltd. (ADR) (NYSE:YGE) is the 9th most widely followed stock in this segment of
the market. It is covered by 28 analysts. It currently receives positive
investment ratings from 8 brokerage analysts. Synovus Financial Corp. (NYSE:SNV)
is the 10th most widely followed stock in this segment of the market. It is
covered by 28 analysts. It currently receives positive investment ratings from 6
brokerage analysts.
of brokerage analysts following them. Three Chinese companies (STP, TSL, YGE)
are on the list. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 1st
most widely followed stock in this segment of the market. It is covered by 39
analysts. It currently receives positive investment ratings from 6 brokerage
analysts. SunPower Corporation (NASDAQ:SPWRA) is the 2nd most widely followed
stock in this segment of the market. It is covered by 35 analysts. It currently
receives positive investment ratings from 4 brokerage analysts. Trina Solar
Limited (ADR) (NYSE:TSL) is the 3rd most widely followed stock in this segment
of the market. It is covered by 34 analysts. It currently receives positive
investment ratings from 22 brokerage analysts. Aeropostale, Inc. (NYSE:ARO) is
the 4th most widely followed stock in this segment of the market. It is covered
by 33 analysts. It currently receives positive investment ratings from 6
brokerage analysts. Leap Wireless International, Inc. (NASDAQ:LEAP) is the 5th
most widely followed stock in this segment of the market. It is covered by 31
analysts. It currently receives positive investment ratings from 9 brokerage
analysts. First Horizon National Corporation (NYSE:FHN) is the 6th most widely
followed stock in this segment of the market. It is covered by 30 analysts. It
currently receives positive investment ratings from 15 brokerage analysts.
Cavium Inc (NASDAQ:CAVM) is the 7th most widely followed stock in this segment
of the market. It is covered by 29 analysts. It currently receives positive
investment ratings from 15 brokerage analysts. The Cheesecake Factory
Incorporated (NASDAQ:CAKE) is the 8th most widely followed stock in this segment
of the market. It is covered by 29 analysts. It currently receives positive
investment ratings from 10 brokerage analysts. Yingli Green Energy Hold. Co.
Ltd. (ADR) (NYSE:YGE) is the 9th most widely followed stock in this segment of
the market. It is covered by 28 analysts. It currently receives positive
investment ratings from 8 brokerage analysts. Synovus Financial Corp. (NYSE:SNV)
is the 10th most widely followed stock in this segment of the market. It is
covered by 28 analysts. It currently receives positive investment ratings from 6
brokerage analysts.
Possible Bullish Engulfing Pattern Detected for Royal Gold (NASDAQ:RGLD)
Possible Bullish Engulfing Pattern Detected for Royal Gold (NASDAQ:RGLD)
Financial News Network Online - 31 minutes ago Analysts have spotted a possible
bullish engulfing pattern in Royal Gold (NASDAQ:RGLD) based on the price action
in the companys shares. Thus far today, Royal Gold has traded 592,000 shares, vs
...
Financial News Network Online - 31 minutes ago Analysts have spotted a possible
bullish engulfing pattern in Royal Gold (NASDAQ:RGLD) based on the price action
in the companys shares. Thus far today, Royal Gold has traded 592,000 shares, vs
...
U.S. PMI Manufacturing Index Slightly Slipped to 50.8%
Today the U.S. Manufacturing ISM report was published and the U.S. Manufacturing
PMI reached 50.8% during October. The U.S. Manufacturing PMI, which is an index
that shows the economic activity in the U.S. manufacturing sector, grew for the
27th consecutive month; the growth rate declined from 51.6% in September to
50.8% in October i.e. a 0.8 percent points decrease. This means that the U.S.
manufacturing sector is still growing but at a slightly slower pace in October
compared to September. Among the factors that were examined in this survey: one
of the sharpest decrease was in customers inventories from 49.0% to 43.5% a
decrease of 5.5 percent point; exports also fell by 3.5 percent points to 50%
still in a growing rate; on the other hand, among the factors that expanded were
new orders – a rise of 2.8 percent point to 52.4% and backlog of orders – an
increase of 6.0 percent point to 47.5. According to Roache et. al (2008) it was
suggested that the PMI Manufacturing ISM report has a negative correlation with
gold and silver prices, without controlling the US dollar effect. Currently, it
seems that this news doesnt have much of an effect
PMI reached 50.8% during October. The U.S. Manufacturing PMI, which is an index
that shows the economic activity in the U.S. manufacturing sector, grew for the
27th consecutive month; the growth rate declined from 51.6% in September to
50.8% in October i.e. a 0.8 percent points decrease. This means that the U.S.
manufacturing sector is still growing but at a slightly slower pace in October
compared to September. Among the factors that were examined in this survey: one
of the sharpest decrease was in customers inventories from 49.0% to 43.5% a
decrease of 5.5 percent point; exports also fell by 3.5 percent points to 50%
still in a growing rate; on the other hand, among the factors that expanded were
new orders – a rise of 2.8 percent point to 52.4% and backlog of orders – an
increase of 6.0 percent point to 47.5. According to Roache et. al (2008) it was
suggested that the PMI Manufacturing ISM report has a negative correlation with
gold and silver prices, without controlling the US dollar effect. Currently, it
seems that this news doesnt have much of an effect
Google TV and YouTube — Google’s 1-2 Combo to Take on Television
This is how an industry changes: An old technology butts up against a new
technology, and the businesses controlling both distrust one another until the
dividing lines between the technologies blur and ultimately disappear. Here at
the end of 2011, its television thats going through this metamorphosis. Cable
companies are becoming streaming video companies , broadcast content is becoming
web content, and computer technology companies are becoming television
manufacturers . Google (NASDAQ: GOOG ) made strides to ease this process along
in late 2010 with its ill-fated Google TV project. It failed miserably, but now
Google is refreshing the project. Google TVs rebirth might do more than just
secure Googles place in the television business, though Google TV might be the
key to finally making YouTube the profit driver it hoped for when Google
purchased it five years ago. Google TV is a platform, used in Sony (NYSE: SNE )
televisions and Logitech (NASDAQ: LOGI ) set-top boxes, that lets users search
for television shows. Results come from the web, broadcast and the users cable
service in equal measure. Google TV was, at release, a complete failure, savaged
by critics, ignored by consumers and bombed by content providers like News Corp.
(NASDAQ: NWS ), who blocked the platform from accessing its web-based content.
The new Google TV update, announced by Google on Friday , looks to remedy many
of the basic problems that plagued it in 2010. Improvements include a
streamlined user interface that doesnt obscure shows or movies, as well as a
superior search feature that pulls results from services like Netflix (NASDAQ:
NFLX ), Amazon (NASDAQ: AMZN ) and Time Warner s (NYSE: TWX ) HBO Go. The new
Google TV also supports the Android App Market a feature that should enthuse
the huge population of Android-powered smartphone users that would like to enjoy
the same entertainment at home. The most significant feature of the update,
however, is the changes it brings to YouTube. YouTube content is emphasized in
Google TVs revamped search tools, but the YouTube app itself has been rebuilt
for viewing on HD television sets. As Venture Beat s Devindra Hardawar wrote on
Sunday, Google is going to closely tie its new, original YouTube content to
Google TV content it has invested some $100 million into.
technology, and the businesses controlling both distrust one another until the
dividing lines between the technologies blur and ultimately disappear. Here at
the end of 2011, its television thats going through this metamorphosis. Cable
companies are becoming streaming video companies , broadcast content is becoming
web content, and computer technology companies are becoming television
manufacturers . Google (NASDAQ: GOOG ) made strides to ease this process along
in late 2010 with its ill-fated Google TV project. It failed miserably, but now
Google is refreshing the project. Google TVs rebirth might do more than just
secure Googles place in the television business, though Google TV might be the
key to finally making YouTube the profit driver it hoped for when Google
purchased it five years ago. Google TV is a platform, used in Sony (NYSE: SNE )
televisions and Logitech (NASDAQ: LOGI ) set-top boxes, that lets users search
for television shows. Results come from the web, broadcast and the users cable
service in equal measure. Google TV was, at release, a complete failure, savaged
by critics, ignored by consumers and bombed by content providers like News Corp.
(NASDAQ: NWS ), who blocked the platform from accessing its web-based content.
The new Google TV update, announced by Google on Friday , looks to remedy many
of the basic problems that plagued it in 2010. Improvements include a
streamlined user interface that doesnt obscure shows or movies, as well as a
superior search feature that pulls results from services like Netflix (NASDAQ:
NFLX ), Amazon (NASDAQ: AMZN ) and Time Warner s (NYSE: TWX ) HBO Go. The new
Google TV also supports the Android App Market a feature that should enthuse
the huge population of Android-powered smartphone users that would like to enjoy
the same entertainment at home. The most significant feature of the update,
however, is the changes it brings to YouTube. YouTube content is emphasized in
Google TVs revamped search tools, but the YouTube app itself has been rebuilt
for viewing on HD television sets. As Venture Beat s Devindra Hardawar wrote on
Sunday, Google is going to closely tie its new, original YouTube content to
Google TV content it has invested some $100 million into.
Top 10 Solar Stocks with Highest Return on Equity: GTAT, DQ, JKS, SOL, TSL, LDK, JASO, YGE, FSLR, CSIQ (Nov 01, 2011)
Below are the top 10 Solar stocks with highest Return on Equity (ROE) ratio for
the last 12 months. ROE shows a companys efficiency in making profits from
shareholders equity. It is equal to net profits divided by shareholders equity.
Eight Chinese companies (DQ, JKS, SOL, TSL, LDK, JASO, YGE, CSIQ) are on the
list. CLICK HERE for Solar Stocks Comparison Table GT Advanced Technologies Inc
(NASDAQ:GTAT) has the 1st highest Return on Equity in this segment of the
market. Its ROE was 91.54% for the last 12 months. Its net profit margin was
21.14% for the same period. Daqo New Energy Corp. (NYSE:DQ) has the 2nd highest
Return on Equity in this segment of the market. Its ROE was 54.90% for the last
12 months. Its net profit margin was 37.18% for the same period. JinkoSolar
Holding Co., Ltd. (NYSE:JKS) has the 3rd highest Return on Equity in this
segment of the market. Its ROE was 49.72% for the last 12 months. Its net profit
margin was 15.76% for the same period. ReneSola Ltd. (ADR) (NYSE:SOL) has the
4th highest Return on Equity in this segment of the market. Its ROE was 30.88%
for the last 12 months. Its net profit margin was 12.29% for the same period.
Trina Solar Limited (ADR) (NYSE:TSL) has the 5th highest Return on Equity in
this segment of the market. Its ROE was 26.38% for the last 12 months. Its net
profit margin was 12.61% for the same period. LDK Solar Co., Ltd (ADR)
(NYSE:LDK) has the 6th highest Return on Equity in this segment of the market.
Its ROE was 25.30% for the last 12 months. Its net profit margin was 10.39% for
the same period. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has the 7th
highest Return on Equity in this segment of the market. Its ROE was 25.12% for
the last 12 months. Its net profit margin was 11.22% for the same period. Yingli
Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has the 8th highest Return on
Equity in this segment of the market. Its ROE was 21.21% for the last 12 months.
Its net profit margin was 13.15% for the same period. First Solar, Inc.
(NASDAQ:FSLR) has the 9th highest Return on Equity in this segment of the
market. Its ROE was 14.45% for the last 12 months. Its net profit margin was
19.50% for the same period. Canadian Solar Inc. (NASDAQ:CSIQ) has the 10th
highest Return on Equity in this segment of the market. Its ROE was 11.36% for
the last 12 months. Its net profit margin was 3.37% for the same period. CLICK
HERE for Solar Stocks Comparison Table
the last 12 months. ROE shows a companys efficiency in making profits from
shareholders equity. It is equal to net profits divided by shareholders equity.
Eight Chinese companies (DQ, JKS, SOL, TSL, LDK, JASO, YGE, CSIQ) are on the
list. CLICK HERE for Solar Stocks Comparison Table GT Advanced Technologies Inc
(NASDAQ:GTAT) has the 1st highest Return on Equity in this segment of the
market. Its ROE was 91.54% for the last 12 months. Its net profit margin was
21.14% for the same period. Daqo New Energy Corp. (NYSE:DQ) has the 2nd highest
Return on Equity in this segment of the market. Its ROE was 54.90% for the last
12 months. Its net profit margin was 37.18% for the same period. JinkoSolar
Holding Co., Ltd. (NYSE:JKS) has the 3rd highest Return on Equity in this
segment of the market. Its ROE was 49.72% for the last 12 months. Its net profit
margin was 15.76% for the same period. ReneSola Ltd. (ADR) (NYSE:SOL) has the
4th highest Return on Equity in this segment of the market. Its ROE was 30.88%
for the last 12 months. Its net profit margin was 12.29% for the same period.
Trina Solar Limited (ADR) (NYSE:TSL) has the 5th highest Return on Equity in
this segment of the market. Its ROE was 26.38% for the last 12 months. Its net
profit margin was 12.61% for the same period. LDK Solar Co., Ltd (ADR)
(NYSE:LDK) has the 6th highest Return on Equity in this segment of the market.
Its ROE was 25.30% for the last 12 months. Its net profit margin was 10.39% for
the same period. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has the 7th
highest Return on Equity in this segment of the market. Its ROE was 25.12% for
the last 12 months. Its net profit margin was 11.22% for the same period. Yingli
Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has the 8th highest Return on
Equity in this segment of the market. Its ROE was 21.21% for the last 12 months.
Its net profit margin was 13.15% for the same period. First Solar, Inc.
(NASDAQ:FSLR) has the 9th highest Return on Equity in this segment of the
market. Its ROE was 14.45% for the last 12 months. Its net profit margin was
19.50% for the same period. Canadian Solar Inc. (NASDAQ:CSIQ) has the 10th
highest Return on Equity in this segment of the market. Its ROE was 11.36% for
the last 12 months. Its net profit margin was 3.37% for the same period. CLICK
HERE for Solar Stocks Comparison Table
Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq Index, S&P 500 Index; World Economic Investing Trends Mid-Day News Today
When viewing October from a broad perspective, it was a very positive month.
October was a treat for stocks overall, but the last day of the month was more
of a trick. The primary stock indices dropped significantly lower Monday. The
DJIA closed down 276 points while the S&P 500 finished off lower by 32 points
and the Nasdaq closed out lower by 53 points. So far for the year, the primary
indices in the U.S. are mixed. The Dow Jones and the Nasdaq are still in the
black while the S&P 500 fell back into the red for 2011. The negative momentum
that built during the last trading session in October has carried over to affect
indices during this days session. Prior to opening bell this morning, the
futures for the primary indices in the U.S. were red across the board. Primary
global indices at this point were posting mostly red as well. European shares
were posting sharply lower and this negative action is spilling over into the
U.S. session today. It seems that the European financial crisis might be harder
to solve than originally thought. Last week when European leaders met and agreed
upon an austerity plan, investors did not suspect that the plan might be
contingent on an additional vote. Worries over the Greek financial crisis are
gaining strength once again and this worry will negatively affect stock trends
now, and as this week progresses. The primary indices in the eurozone closed out
red across the board. As the trading session in the U.S. reached the mid-day
point, the primary indices were also in the red. The DJIA was lower by 2.65
percent at 11,638.66. The Nasdaq was lower as well by 3.12 percent at 2,600 and
the S&P 500 was lower at this point by 2.92 percent at 1,216.74. Investors
remain on edge over the surprise Greek referendum. Frank Matto
October was a treat for stocks overall, but the last day of the month was more
of a trick. The primary stock indices dropped significantly lower Monday. The
DJIA closed down 276 points while the S&P 500 finished off lower by 32 points
and the Nasdaq closed out lower by 53 points. So far for the year, the primary
indices in the U.S. are mixed. The Dow Jones and the Nasdaq are still in the
black while the S&P 500 fell back into the red for 2011. The negative momentum
that built during the last trading session in October has carried over to affect
indices during this days session. Prior to opening bell this morning, the
futures for the primary indices in the U.S. were red across the board. Primary
global indices at this point were posting mostly red as well. European shares
were posting sharply lower and this negative action is spilling over into the
U.S. session today. It seems that the European financial crisis might be harder
to solve than originally thought. Last week when European leaders met and agreed
upon an austerity plan, investors did not suspect that the plan might be
contingent on an additional vote. Worries over the Greek financial crisis are
gaining strength once again and this worry will negatively affect stock trends
now, and as this week progresses. The primary indices in the eurozone closed out
red across the board. As the trading session in the U.S. reached the mid-day
point, the primary indices were also in the red. The DJIA was lower by 2.65
percent at 11,638.66. The Nasdaq was lower as well by 3.12 percent at 2,600 and
the S&P 500 was lower at this point by 2.92 percent at 1,216.74. Investors
remain on edge over the surprise Greek referendum. Frank Matto
Todays Gold price per ounce Spot gold price per gram News; Spot Silver price per ounce Mid-Day Today
Gold and silver price per ounce rates closed below break-even to end the last
trading session in October. The session, was negative across the board as the
primary indices in the U.S. all closed out on the negative side of break-even.
Japan made moves to devalue the yen and this pushed the dollar higher. The
dollar gained strength versus a handful of global currencies and this made
precious metal gold and silver more expensive for the majority. Gold and silver
price per ounce rates dropped lower to end the month as a result. Today, global
worries are growing again relevant to the Greek austerity plan. It turns out
that the plan might be more difficult to implement due to Papandreous
announcement that the austerity plan should be subject to another vote. As a
result, the financial crisis in the area is looming darker again and global
indicators are being pressures. The safe haven appeal of gold and silver could
attract attention in this climate. As the trading session reached the mid-day
mark, the primary indices in the U.S. were posting lower across the board.
Contract gold for December delivery was still lower at the mid-day mark by 1.22
percent at 1704.20 per troy ounce. Contract Silver for December delivery was
lower by 3.32 percent at 33.22 per troy ounce according to electronic pricing at
mid-day. Spot gold and spot silver prices were pushing through the negative side
of break-even at this point as well. Spot gold per gram was lower by .82 at
54.65 and spot silver per ounce was lower by 1.60 at 32.75. Camillo Zucari
trading session in October. The session, was negative across the board as the
primary indices in the U.S. all closed out on the negative side of break-even.
Japan made moves to devalue the yen and this pushed the dollar higher. The
dollar gained strength versus a handful of global currencies and this made
precious metal gold and silver more expensive for the majority. Gold and silver
price per ounce rates dropped lower to end the month as a result. Today, global
worries are growing again relevant to the Greek austerity plan. It turns out
that the plan might be more difficult to implement due to Papandreous
announcement that the austerity plan should be subject to another vote. As a
result, the financial crisis in the area is looming darker again and global
indicators are being pressures. The safe haven appeal of gold and silver could
attract attention in this climate. As the trading session reached the mid-day
mark, the primary indices in the U.S. were posting lower across the board.
Contract gold for December delivery was still lower at the mid-day mark by 1.22
percent at 1704.20 per troy ounce. Contract Silver for December delivery was
lower by 3.32 percent at 33.22 per troy ounce according to electronic pricing at
mid-day. Spot gold and spot silver prices were pushing through the negative side
of break-even at this point as well. Spot gold per gram was lower by .82 at
54.65 and spot silver per ounce was lower by 1.60 at 32.75. Camillo Zucari
Gold Price Tumbles Through $1,700 on Fears of Greek Default
GOLD PRICE NEWS – The gold price broke down through $1,700 per ounce Tuesday
morning as global financial markets convulsed on fresh worries out of Europe.
morning as global financial markets convulsed on fresh worries out of Europe.
Microsoft Corporation (NASDAQ:MSFT) Launches Qatar Initiative
Microsoft Corporation (NASDAQ:MSFT) has launched its Anytime, Anywhere learning
Initiative in Qatar. Microsoft Corporation (NASDAQ:MSFT) Launches Qatar
Initiative Microsoft Corporation (NASDAQ:MSFT) announced that it has launched a
learning initiative in Qatar to provide access to technology for every
individual in the country anytime, anywhere. The Anytime Anywhere learning
initiative provides communication and collaboration platforms needed to nurture
lifelong learning and provides affordable learning devices to education end
users with the right resources, content, training and tools needed to transform
education and better engage students in the learning process. This initiative
will implement cloud services, software, training, support, distribution, and
critical partnerships to help enable a successful partnership outcome. According
to Naim Yazbeck, Country Manager, Microsoft Corporation (NASDAQ:MSFT) Qatar,
said that, The right technology combined with specific policies and inclusive
programs can have a significant impact on improving access to quality education.
For all citizens, access to this digital society delivers tangible economic,
employment, and social opportunities. Digital inclusion transforms the education
system and in turn, the total economy to a more dynamic state. This is where
Microsoft Corporation (NASDAQ:MSFT)s expertise with various partnerships around
the globe can be leveraged to benefit the citizens of Qatar through this
initiative". Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at
26.63. Price History Last Price: 26.63 52 Week Low / High: 23.65 / 29.46 50 Day
Moving Average: 26.11 6 Month Price Change %: 4.1% 12 Month Price Change %: 2.7%
Initiative in Qatar. Microsoft Corporation (NASDAQ:MSFT) Launches Qatar
Initiative Microsoft Corporation (NASDAQ:MSFT) announced that it has launched a
learning initiative in Qatar to provide access to technology for every
individual in the country anytime, anywhere. The Anytime Anywhere learning
initiative provides communication and collaboration platforms needed to nurture
lifelong learning and provides affordable learning devices to education end
users with the right resources, content, training and tools needed to transform
education and better engage students in the learning process. This initiative
will implement cloud services, software, training, support, distribution, and
critical partnerships to help enable a successful partnership outcome. According
to Naim Yazbeck, Country Manager, Microsoft Corporation (NASDAQ:MSFT) Qatar,
said that, The right technology combined with specific policies and inclusive
programs can have a significant impact on improving access to quality education.
For all citizens, access to this digital society delivers tangible economic,
employment, and social opportunities. Digital inclusion transforms the education
system and in turn, the total economy to a more dynamic state. This is where
Microsoft Corporation (NASDAQ:MSFT)s expertise with various partnerships around
the globe can be leveraged to benefit the citizens of Qatar through this
initiative". Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at
26.63. Price History Last Price: 26.63 52 Week Low / High: 23.65 / 29.46 50 Day
Moving Average: 26.11 6 Month Price Change %: 4.1% 12 Month Price Change %: 2.7%
Gold Stocks (GDX) Tumble, Platinum Stocks Set to Rise?
GOLD STOCKS NEWS – Gold stocks tumbled Tuesday as the Market Vectors Gold
Miners ETF (GDX) fell $1.73, or 2.9%, to $57.10 per share in morning trading.
Miners ETF (GDX) fell $1.73, or 2.9%, to $57.10 per share in morning trading.
Aurizon Launches Second Phase Program in Malartic Gold Camp
Aurizon Mines (ARZ.TSX, AMEX: AZK) announced the start of a C$5 million, second
phase program on the Marban Block property, located in the Malartic gold camp of
the Abitibi region of Quebec.
phase program on the Marban Block property, located in the Malartic gold camp of
the Abitibi region of Quebec.
3 Harsh Lessons We Learned From the MF Global Bankruptcy
MF Global Holdings (NYSE: MF ) is not long for this world. The financial
companys shares were frozen from trading Monday on news that big losses on risky
debt investments had sunk the investment bank and forced it into Chapter 11
bankruptcy protection. Despite a $3 billion IPO, despite a storied pedigree with
U.K. hedge fund manager Man Group plc, and despite the politically connected
former Goldman Sachs (NYSE: GS ) exec at the helm, the financial firm just
couldn't cut it. But the real lesson of MF Global is we have so many lessons
left to learn when it comes to the risk in the financial sector these days. Even
after the worst banking crisis since the Great Depression and the stark reality
of risk taking, MF Global couldn't control itself. And even after the "smart
money" got burned with a roughly 40% market decline in 2008 and a choppy
market to start 2011, MF Global leaves some of the biggest investment names on
Wall Street to clean up its mess. According to columnist David Weidner's tally
, as of Oct. 30, Fidelity Investments parent FMR Corp. owned more than 8% of MF,
with other insurance, pension and financial firms making up a big chunk of the
rest of the company. MF Global is not just a story about yet another financial
firm that can't cut it. This justifiably can be called one of the most
difficult times on Wall Street in many of our lifetimes. A host of political and
macroeconomic issues compete for investor attention, while at the same time
triple-digit moves in the Dow based wholly on sentiment seem to be the order of
the day. No, the real story of this defunct financial stock is that there are so
many more lessons that investors, regulators and bank CEOs must learn. Here are
a few pointers some obvious, and some not:
companys shares were frozen from trading Monday on news that big losses on risky
debt investments had sunk the investment bank and forced it into Chapter 11
bankruptcy protection. Despite a $3 billion IPO, despite a storied pedigree with
U.K. hedge fund manager Man Group plc, and despite the politically connected
former Goldman Sachs (NYSE: GS ) exec at the helm, the financial firm just
couldn't cut it. But the real lesson of MF Global is we have so many lessons
left to learn when it comes to the risk in the financial sector these days. Even
after the worst banking crisis since the Great Depression and the stark reality
of risk taking, MF Global couldn't control itself. And even after the "smart
money" got burned with a roughly 40% market decline in 2008 and a choppy
market to start 2011, MF Global leaves some of the biggest investment names on
Wall Street to clean up its mess. According to columnist David Weidner's tally
, as of Oct. 30, Fidelity Investments parent FMR Corp. owned more than 8% of MF,
with other insurance, pension and financial firms making up a big chunk of the
rest of the company. MF Global is not just a story about yet another financial
firm that can't cut it. This justifiably can be called one of the most
difficult times on Wall Street in many of our lifetimes. A host of political and
macroeconomic issues compete for investor attention, while at the same time
triple-digit moves in the Dow based wholly on sentiment seem to be the order of
the day. No, the real story of this defunct financial stock is that there are so
many more lessons that investors, regulators and bank CEOs must learn. Here are
a few pointers some obvious, and some not:
Gold Surges Off the Morning Lows (AMEX:GDX) (AMEX:GLD) (NYSE:NEM) (NYSE:AUY) (NASDAQ:GOLD)
Gold Surges Off the Morning Lows (AMEX:GDX) (AMEX:GLD) (NYSE:NEM) (NYSE:AUY)
(NASDAQ:GOLD) Inthemoneystocks.com - 9 minutes ago Gold has just skyrocketed
higher from the start of the trading day. When gold rallies it is signaling that
inflation is coming into the market place. Traders can easily see the bounce in
all of ...
(NASDAQ:GOLD) Inthemoneystocks.com - 9 minutes ago Gold has just skyrocketed
higher from the start of the trading day. When gold rallies it is signaling that
inflation is coming into the market place. Traders can easily see the bounce in
all of ...
Google Inc. (NASDAQ:GOOG) Sets Europe Galaxy Nexus Launch Date
Google Inc. (NASDAQ:GOOG) is set to launch the Galaxy Nexus on Nov. 17 in
Europe. Google Inc. (NASDAQ:GOOG) Sets Europe Galaxy Nexus Launch Date Google
Inc. (NASDAQ:GOOG) will launch its latest Android smartphone Galaxy Nexus on
November 17 in Europe. This flagship device is the first smart phone to run the
newly launched Android 4.0 Ice Cream Sandwich operating system. The company will
launch the phone in America and other parts of the world later this month.
Google Inc. (NASDAQ:GOOG) unveiled the Galaxy Nexus on Oct. 17 in Hong Kong. The
latest smartphone has a 4.6" screen and it will cost $549. Google Inc.
(NASDAQ:GOOG) company shares are currently standing at 592.64. Price History
Last Price: 592.64 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average:
541.57 6 Month Price Change %: 10.3% 12 Month Price Change %: -3.0%
Europe. Google Inc. (NASDAQ:GOOG) Sets Europe Galaxy Nexus Launch Date Google
Inc. (NASDAQ:GOOG) will launch its latest Android smartphone Galaxy Nexus on
November 17 in Europe. This flagship device is the first smart phone to run the
newly launched Android 4.0 Ice Cream Sandwich operating system. The company will
launch the phone in America and other parts of the world later this month.
Google Inc. (NASDAQ:GOOG) unveiled the Galaxy Nexus on Oct. 17 in Hong Kong. The
latest smartphone has a 4.6" screen and it will cost $549. Google Inc.
(NASDAQ:GOOG) company shares are currently standing at 592.64. Price History
Last Price: 592.64 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average:
541.57 6 Month Price Change %: 10.3% 12 Month Price Change %: -3.0%
Gold & Silver Prices – Daily Outlook November 1
Gold and silver prices sharply fell on the last day of October after they had
risen during recent weeks. Today the FOMC meeting will commence; the statement
of the FOMC decisions followed by Bernankes press conference will be held
tomorrow. Currently gold and silver prices are traded down. Today, the U.S.
Manufacturing PMI report will be published and Great Britains GDP growth rate
report for Q3 2011. Here is a market outlook of precious metals prices for
today, November 1st: Gold and Silver Prices – October Update Gold price
sharply fell on Monday by 1.26% to $1,725.2; silver price also declined by 2.65%
to $34.35. The chart below shows the changes in gold and silver prices during
October (normalized gold and silver prices (September 30th 2011=100)). During
October, gold price increased by 6.3% and silver prices by 14.2%. The ratio
between gold and silver prices rose on Monday, October 31st to 50.22. During
October, silver price inclined by a slightly larger rate than gold price as the
ratio slipped by 6.9%. On Todays Agenda: U.S. ISM Manufacturing PMI: This report
will present the change in manufacturing sector on a national level during
October. In September the index grew
risen during recent weeks. Today the FOMC meeting will commence; the statement
of the FOMC decisions followed by Bernankes press conference will be held
tomorrow. Currently gold and silver prices are traded down. Today, the U.S.
Manufacturing PMI report will be published and Great Britains GDP growth rate
report for Q3 2011. Here is a market outlook of precious metals prices for
today, November 1st: Gold and Silver Prices – October Update Gold price
sharply fell on Monday by 1.26% to $1,725.2; silver price also declined by 2.65%
to $34.35. The chart below shows the changes in gold and silver prices during
October (normalized gold and silver prices (September 30th 2011=100)). During
October, gold price increased by 6.3% and silver prices by 14.2%. The ratio
between gold and silver prices rose on Monday, October 31st to 50.22. During
October, silver price inclined by a slightly larger rate than gold price as the
ratio slipped by 6.9%. On Todays Agenda: U.S. ISM Manufacturing PMI: This report
will present the change in manufacturing sector on a national level during
October. In September the index grew
Todays Gold Price per ounce rates; Spot gold price per gram; Silver price per ounce Spot silver prices; Gold Silver news
October was a positive month overall for precious metal gold and silver price
per ounce trends, but the month closed out with pressure being applied to gold
and silver price trends. The Japanese government moved to devalue the yen and
this resulted in the dollar gaining strength versus a handful of other global
currencies. This action pressured safe haven gold and silver acquisitions and
the two precious metals ultimately closed out below break-even for the last
trading session in October. Gold for December delivery was lower by 1.26 percent
at 1,725.20 per troy ounce. Silver for December delivery was lower by 2.65
percent at 34.35 per troy ounce. During the interval between last session close
but prior to todays opening bell, spot gold price per gram and spot silver price
per ounce were moving below break-even. Spot gold price per gram was lower at
this point by .83 at 55.34. Spot silver price per ounce was lower by .99 at
34.30 at this same point. Overall for the month of October, gold finished higher
by approximately 6.3 percent. Silver finished off the month of October higher by
approximately 14 percent. For the YTD change gold and silver have made solid
gains. Golds YTD change is positive by about 28 percent and silvers YTD change
is positive by about 40 percent. Camillo Zucari
per ounce trends, but the month closed out with pressure being applied to gold
and silver price trends. The Japanese government moved to devalue the yen and
this resulted in the dollar gaining strength versus a handful of other global
currencies. This action pressured safe haven gold and silver acquisitions and
the two precious metals ultimately closed out below break-even for the last
trading session in October. Gold for December delivery was lower by 1.26 percent
at 1,725.20 per troy ounce. Silver for December delivery was lower by 2.65
percent at 34.35 per troy ounce. During the interval between last session close
but prior to todays opening bell, spot gold price per gram and spot silver price
per ounce were moving below break-even. Spot gold price per gram was lower at
this point by .83 at 55.34. Spot silver price per ounce was lower by .99 at
34.30 at this same point. Overall for the month of October, gold finished higher
by approximately 6.3 percent. Silver finished off the month of October higher by
approximately 14 percent. For the YTD change gold and silver have made solid
gains. Golds YTD change is positive by about 28 percent and silvers YTD change
is positive by about 40 percent. Camillo Zucari
October Ended with Sharp Falls for Gold and Silver –Recap October 31
The month of October ended with sharp falls for gold and silver prices; crude
oil prices also slipped. On the other hand natural gas prices ended the month
with light gains. Here is a summary of the price movements of precious metals
and energy commodities for October 31st: Precious Metals prices: Gold price
sharply declined yesterday by 1.26% and reached $1,725.2; Silver price also fell
by 2.65% to reach $34.35. During October, gold price rose by 6.3% and silver
price increased by 14.2%.
oil prices also slipped. On the other hand natural gas prices ended the month
with light gains. Here is a summary of the price movements of precious metals
and energy commodities for October 31st: Precious Metals prices: Gold price
sharply declined yesterday by 1.26% and reached $1,725.2; Silver price also fell
by 2.65% to reach $34.35. During October, gold price rose by 6.3% and silver
price increased by 14.2%.
Buy Retail Stocks Before The Holiday Boom
Retailers have had it rough. AJ Wright, Blockbuster, Borders Group and Harry &
David have all either gone bankrupt or needed bankruptcy protection in the last
year or so. These are high-profile companies, so it doesn't surprise me that
investors have been nervous about retail stocks. Despite this, there are real
opportunities to make money in this sector. As we approach the biggest time of
the year for retailers, it's time for us to take a detailed look at where the
opportunities are so that we'll know what to expect this holiday shopping
season. Black Friday is a day celebrated by retailers because it is the day when
retailers make the bulk of their sales and actually turn a profit (or go into
the black) for the year. Billions of dollars are spent by gift-giving and
bargain-hunting shoppers, and it has become a televised annual tradition for
Americans. Last year's sales numbers were up 0.3% compared with 2009, and this
year's sales are estimated to rise another 2.8%. When you're talking about
$45 billion in sales, a 2.8% increase is no small amount and these numbers are
conservative estimates. What most investors don't realize is that retail sales
have actually risen 15 straight months. The Commerce Department reported that
September retail sales rose 1.1%, which represents the largest monthly increase
in seven months. Economists were expecting a 0.8% increase in retail sales, so
this was a very pleasant surprise, as was the fact that August retail sales were
revised higher to a 0.3% increase up from previously being reported as
unchanged. When we get into some of the specifics of the report, we see that
September vehicle sales rose 3.6%, sales at restaurants and bars rose 1.2%, and
gas station sales rose 1.2%. Three months of positive same-store sales from
Walmart (NYSE: WMT ) aren't hurting the market either. So consumers appear to
be buying big-ticket items like new cars, continue to shop at discount stores
like Walmart and are dining out more. I fully expect consumers to show up in
force this holiday season as well. This is great news for specialty retailers
like Apple Inc. (NASDAQ: AAPL ), Limited Brands Inc. (NYSE: LTD ), Lululemon
Athletica Inc. (NASDAQ: LULU ) and Ross Stores Inc. (NASDAQ: ROST ). It's also
good news for companies that make the components to popular gifts like ARM
Holdings (NASDAQ: ARMH ) who makes the energy-efficient chips that go in the
iPhone, iPad and just about every other phone or tablet on the market. Discount
retail stores Costco Wholesale Inc. (NASDAQ: COST ) and Dollar Tree Inc.
(NASDAQ: DLTR ), the envy of the discount stores industry, will also benefit
from the holidays due to same-store sales growth. Lastly, since consumers
represent approximately 70% of U.S. economic growth, a strong retail season is
going to have a positive impact on Gross Domestic Product (GDP). An uptick in
GDP would infuse the stock market with renewed confidence, putting fears of a
double-dip recession where they belong to rest. This is a win-win for the
market and for investors so make sure you take advantage of this opportunity to
pick up retail industry shares ahead of the holiday boon.
David have all either gone bankrupt or needed bankruptcy protection in the last
year or so. These are high-profile companies, so it doesn't surprise me that
investors have been nervous about retail stocks. Despite this, there are real
opportunities to make money in this sector. As we approach the biggest time of
the year for retailers, it's time for us to take a detailed look at where the
opportunities are so that we'll know what to expect this holiday shopping
season. Black Friday is a day celebrated by retailers because it is the day when
retailers make the bulk of their sales and actually turn a profit (or go into
the black) for the year. Billions of dollars are spent by gift-giving and
bargain-hunting shoppers, and it has become a televised annual tradition for
Americans. Last year's sales numbers were up 0.3% compared with 2009, and this
year's sales are estimated to rise another 2.8%. When you're talking about
$45 billion in sales, a 2.8% increase is no small amount and these numbers are
conservative estimates. What most investors don't realize is that retail sales
have actually risen 15 straight months. The Commerce Department reported that
September retail sales rose 1.1%, which represents the largest monthly increase
in seven months. Economists were expecting a 0.8% increase in retail sales, so
this was a very pleasant surprise, as was the fact that August retail sales were
revised higher to a 0.3% increase up from previously being reported as
unchanged. When we get into some of the specifics of the report, we see that
September vehicle sales rose 3.6%, sales at restaurants and bars rose 1.2%, and
gas station sales rose 1.2%. Three months of positive same-store sales from
Walmart (NYSE: WMT ) aren't hurting the market either. So consumers appear to
be buying big-ticket items like new cars, continue to shop at discount stores
like Walmart and are dining out more. I fully expect consumers to show up in
force this holiday season as well. This is great news for specialty retailers
like Apple Inc. (NASDAQ: AAPL ), Limited Brands Inc. (NYSE: LTD ), Lululemon
Athletica Inc. (NASDAQ: LULU ) and Ross Stores Inc. (NASDAQ: ROST ). It's also
good news for companies that make the components to popular gifts like ARM
Holdings (NASDAQ: ARMH ) who makes the energy-efficient chips that go in the
iPhone, iPad and just about every other phone or tablet on the market. Discount
retail stores Costco Wholesale Inc. (NASDAQ: COST ) and Dollar Tree Inc.
(NASDAQ: DLTR ), the envy of the discount stores industry, will also benefit
from the holidays due to same-store sales growth. Lastly, since consumers
represent approximately 70% of U.S. economic growth, a strong retail season is
going to have a positive impact on Gross Domestic Product (GDP). An uptick in
GDP would infuse the stock market with renewed confidence, putting fears of a
double-dip recession where they belong to rest. This is a win-win for the
market and for investors so make sure you take advantage of this opportunity to
pick up retail industry shares ahead of the holiday boon.
Appointment of independent non-executive director
Appointment of independent non-executive director MarketWatch - 1 hour ago
JERSEY, CHANNEL ISLANDS, Nov 01, 2011 (MARKETWIRE via COMTEX) -- RANDGOLD
RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE
Trading Symbol: RRS Nasdaq Trading Symbol ...
JERSEY, CHANNEL ISLANDS, Nov 01, 2011 (MARKETWIRE via COMTEX) -- RANDGOLD
RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE
Trading Symbol: RRS Nasdaq Trading Symbol ...
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