Following last month's post-earnings beatdown, Amazon (NASDAQ: AMZN ) has
powered its way higher as buyers have stepped in to scoop up what is looking
like a bargain. In the short term, AMZN has been basing sideways at the key
resistance level of $219. Once AMZN musters the strength to break above this
level, it should continue its run higher to fill its earnings gap. The higher
price tag on AMZN shares spills over into the options arena. The expensive price
of most option contracts available could serve as a deterrent to many would-be
option buyers. However, don't let the price stop you from investing in what
could be a potentially profitable trade. Fortunately, option spreads offer you a
much-cheaper way to place a bet while still being exposed to an expected move in
the underlying stock. While there are numerous spreads to choose from, the
simple bull-call spread may be appropriate in this situation. Looking for
bullish exposure in this online retailer? Consider the purchase of an AMZN
December 220-230 call spread that you can currently enter for $4. Buying this
spread consists of "buying to open" the Dec 220 Call (which would cost
approximately $9.50, at current prices). At the same time, you'd also be
"selling to open" the Dec 230 Call (which would give you a credit of about
$5.50 at current levels). The max risk is limited to the initial debit paid
($950 $550 = $400), and the max reward is limited to the distance between the
strikes ($230 $220 = $10) minus the debit, or $600. Source : MachTrader At the
time of this writing Tyler Craig had no positions on AMZN.
Tuesday, November 8, 2011
Todays Gold Price Per Ounce Rates Spot Gold Price Per Gram; Spot Silver Price per ounce; Gold Silver Price News Today
Gold price per ounce rate continued to track higher during the last trading
session. Gold price closed above the break-even mark once again as investors
remained interested in the safe haven appeal of the precious yellow metal. The
primary index composites in the U.S. struggled during the initial half of the
trading session as investor worries, relevant to eurozone debt resolution
developments, festered. A vote passed in Italy yesterday which will help support
the region financially, but over half of the countrys lawmakers unavailable for
the vote. Now many wonder if the government will remain stable in the area. The
uncertainty tied to the eurozone developments continues to plague investors and
pressure market indices. December contract gold finished off the last session
higher by .45 percent, positive 8.10, to close out at 1799.20 per troy ounce.
Silver contract for December delivery finished the last session higher by .93
percent, positive .325, to close out at 35.15 per troy ounce. After session
close but prior to open trading today, spot gold and spot silver trends moved
positively. Spot gold price per gram was higher by .03 at 57.62 and spot silver
price per ounce was higher by .28 at 35.10.
session. Gold price closed above the break-even mark once again as investors
remained interested in the safe haven appeal of the precious yellow metal. The
primary index composites in the U.S. struggled during the initial half of the
trading session as investor worries, relevant to eurozone debt resolution
developments, festered. A vote passed in Italy yesterday which will help support
the region financially, but over half of the countrys lawmakers unavailable for
the vote. Now many wonder if the government will remain stable in the area. The
uncertainty tied to the eurozone developments continues to plague investors and
pressure market indices. December contract gold finished off the last session
higher by .45 percent, positive 8.10, to close out at 1799.20 per troy ounce.
Silver contract for December delivery finished the last session higher by .93
percent, positive .325, to close out at 35.15 per troy ounce. After session
close but prior to open trading today, spot gold and spot silver trends moved
positively. Spot gold price per gram was higher by .03 at 57.62 and spot silver
price per ounce was higher by .28 at 35.10.
Monopoly Sends McDonald’s Directly to Profits
Anyone with an office desk drawer full of old "Baltic Avenue" and other
game pieces can attest to the lure of McDonald's (NYSE: MCD ) perennial
Monopoly campaign. For almost a quarter of a century, consumers have been
guzzling down large fountain drinks and swallowing Big Macs trying to match
"Boardwalk" with one of their 12 "Park Place" pieces. Even though the
vast majority fail to score the $1 million prize, theyre content to win a few
free small fries. Apparently, the craze surrounding Uncle Pennybags hasn't
died down. The world's largest fast-food chain Tuesday cited the popularity of
its Monopoly game in America, as well as success overseas, for a 5.5% same-store
sales increase in October. Revenues rose 6.1% in the Asia and Pacific region,
5.2% in the U.S. and 4.8% in Europe for the month. That could be another booster
for the stock, which is up 21% over the past six months. The game's tractor
beam on consumers works twofold: It brings in those who otherwise might have
eaten at another burger slinger, and it brings them back again and again. While
many of the game's prizes can be won on single-shot instant-win tickets, the
big-ticket items including vacations, cars and varying cash awards can be won
only by collecting a complete set of colored properties or railroads. In any
three-property section, two tickets can be found en masse, compelling consumers
to repeatedly return in search of the McMuffin that can change their lives. But
while the giant continues to reap gold from reawakening its decades-old partner
year after year, it's been McDonald's willingness to stick its toe into
newer waters that has kept the revenues rolling in. In the past half-year alone,
McDonald's has unveiled several new initiatives to help both the bottom and
top lines alike, with many hitting the mark. This summer, McDonald's unveiled
its frozen strawberry lemonade , which was branded under the already-successful
McCafe line, which consists of lattes and other specialty coffee drinks. The
company saw a 6.9% jump in sales for June, with much help from the summer treat.
The McCafe line itself has been a boon to McDonald's. The fluffy coffee
drinks, in addition to biting the ankles of popular barista Starbucks (NASDAQ:
SBUX ), account for 20% of company sales and contribute about 80% of their price
to profit; McDonalds bread-and-butter hamburgers contribute about 60%. Among
other initiatives: McDonald's has rolled out (and will continue to tinker
with) healthier Happy Meals, returned the cult hit McRib and expanded it to a
national rollout, unveiled touchscreen-powered self-checkout at European stores
and currently is testing its own in-store TV channel , which would show local
content and more importantly more advertising. In addition to McDonald's
willingness to evolve, there's still plenty of upside to the annual rite of
Monopoly passage and other short promotions, such as the St. Patrick's Day
Shamrock Shake as evidenced by Tuesday's report. These games and products at
best fill the company's coffers, or at the very least excite consumers enough
to get them into stores, where they can buy more high-margin goods. And as
McDonald's has proven, it can provide plenty of those. Kyle Woodley is the
Assistant Editor of InvestorPlace.com . As of this writing, he did not own a
share in any of the aforementioned stocks.
game pieces can attest to the lure of McDonald's (NYSE: MCD ) perennial
Monopoly campaign. For almost a quarter of a century, consumers have been
guzzling down large fountain drinks and swallowing Big Macs trying to match
"Boardwalk" with one of their 12 "Park Place" pieces. Even though the
vast majority fail to score the $1 million prize, theyre content to win a few
free small fries. Apparently, the craze surrounding Uncle Pennybags hasn't
died down. The world's largest fast-food chain Tuesday cited the popularity of
its Monopoly game in America, as well as success overseas, for a 5.5% same-store
sales increase in October. Revenues rose 6.1% in the Asia and Pacific region,
5.2% in the U.S. and 4.8% in Europe for the month. That could be another booster
for the stock, which is up 21% over the past six months. The game's tractor
beam on consumers works twofold: It brings in those who otherwise might have
eaten at another burger slinger, and it brings them back again and again. While
many of the game's prizes can be won on single-shot instant-win tickets, the
big-ticket items including vacations, cars and varying cash awards can be won
only by collecting a complete set of colored properties or railroads. In any
three-property section, two tickets can be found en masse, compelling consumers
to repeatedly return in search of the McMuffin that can change their lives. But
while the giant continues to reap gold from reawakening its decades-old partner
year after year, it's been McDonald's willingness to stick its toe into
newer waters that has kept the revenues rolling in. In the past half-year alone,
McDonald's has unveiled several new initiatives to help both the bottom and
top lines alike, with many hitting the mark. This summer, McDonald's unveiled
its frozen strawberry lemonade , which was branded under the already-successful
McCafe line, which consists of lattes and other specialty coffee drinks. The
company saw a 6.9% jump in sales for June, with much help from the summer treat.
The McCafe line itself has been a boon to McDonald's. The fluffy coffee
drinks, in addition to biting the ankles of popular barista Starbucks (NASDAQ:
SBUX ), account for 20% of company sales and contribute about 80% of their price
to profit; McDonalds bread-and-butter hamburgers contribute about 60%. Among
other initiatives: McDonald's has rolled out (and will continue to tinker
with) healthier Happy Meals, returned the cult hit McRib and expanded it to a
national rollout, unveiled touchscreen-powered self-checkout at European stores
and currently is testing its own in-store TV channel , which would show local
content and more importantly more advertising. In addition to McDonald's
willingness to evolve, there's still plenty of upside to the annual rite of
Monopoly passage and other short promotions, such as the St. Patrick's Day
Shamrock Shake as evidenced by Tuesday's report. These games and products at
best fill the company's coffers, or at the very least excite consumers enough
to get them into stores, where they can buy more high-margin goods. And as
McDonald's has proven, it can provide plenty of those. Kyle Woodley is the
Assistant Editor of InvestorPlace.com . As of this writing, he did not own a
share in any of the aforementioned stocks.
Not Holding Gold Yet? Hurry Up!
If you havent held any gold in your portfolio and have been beating your head
against the wall as the precious metal has risen 133% since early 2008 and
tripled since early 2006 it may not be too late to jump in. Even as gold in
recent days has quietly risen closer to the $1,800 -an-ounce mark again, there
are several overarching and compelling reasons to allocate some of your
investment dollars to the yellow metal. Inflation had been almost nonexistent
since late 2008, and the U.S. even experienced deflation in 2009. In the 28
months between November 2008 and January 2011, inflation popped over 2% only six
times. Since January, however, inflation has jumped from 1.63% annually to
3.87%. Inflation results from creating too much money, and ever since the
present Administration got into power, more money has been printed than any
other time in U.S. history. It takes some time to see the results, and now
theyre showing up. Producer and food prices have also been rising. You may not
have noticed it, however, because food companies don't always raise their
prices they just shrink their container sizes. Gold is an actual physical
asset, just like real estate. It has intrinsic value. Some say its an inflation
hedge, but over the long haul, that isnt always true. I view it as a crisis
hedge and I see us in a major crisis regarding the devaluation of the dollar
and significant inflation. The more the dollar weakens, the more of those
dollars it takes to buy things. Theres also no end in sight to outrageous levels
of government spending thats been going on for years. Again, this is being done
with money printed out of thin air, making those dollars worth less and less.
Devaluing the dollar creates another effect: Central banks around the world are
less eager to hold dollars. Since the dollar had always been the worlds premier
currency, the only asset beyond that is physical gold. That creates demand, and
the more demand, the higher the price of gold. There are a few other reasons to
own gold. Its the most liquid of the precious metals, so its easy to buy and
sell. Its safe from political instability, at home or abroad. And all of these
things are going to be factors for a very long time. So, what are the best ways
to own gold? You can buy it via various stock investments. Numerous ETFs are
available, of which the most popular is SPDR Gold Shares (NYSE: GLD ), which
actually holds baskets of physical gold. Beware, however, that gold is
considered a collectible and is taxed differently than a stock investment, and
that difference does apply to this ETF. Another increasingly popular way is to
own the metal yourself. Yes, you can do that, and it isnt as difficult as it
used to be. Youve probably heard all the radio commercials about buying gold
bullion or coins. That actually works. In fact, DGSE Companies (NASDAQ: DGSE )
recently completed the acquisition of Southern Bullion Trading Co. a subsidiary
of gold refiner and market-maker extraordinare NTR Metals. DGSE has a few
Bullion Express stores open around the country, with dozens more set to open in
the very near future. Theyre aiming to become the brand name in physical gold
trading. Find a store, and buy your gold. As with all investments, you dont want
to go hog wild and buy gold to the exclusion of other investments. However, gold
certainly has a place in a diversified portfolio. Lawrence Meyers owns shares of
SPDR Gold Shares.
against the wall as the precious metal has risen 133% since early 2008 and
tripled since early 2006 it may not be too late to jump in. Even as gold in
recent days has quietly risen closer to the $1,800 -an-ounce mark again, there
are several overarching and compelling reasons to allocate some of your
investment dollars to the yellow metal. Inflation had been almost nonexistent
since late 2008, and the U.S. even experienced deflation in 2009. In the 28
months between November 2008 and January 2011, inflation popped over 2% only six
times. Since January, however, inflation has jumped from 1.63% annually to
3.87%. Inflation results from creating too much money, and ever since the
present Administration got into power, more money has been printed than any
other time in U.S. history. It takes some time to see the results, and now
theyre showing up. Producer and food prices have also been rising. You may not
have noticed it, however, because food companies don't always raise their
prices they just shrink their container sizes. Gold is an actual physical
asset, just like real estate. It has intrinsic value. Some say its an inflation
hedge, but over the long haul, that isnt always true. I view it as a crisis
hedge and I see us in a major crisis regarding the devaluation of the dollar
and significant inflation. The more the dollar weakens, the more of those
dollars it takes to buy things. Theres also no end in sight to outrageous levels
of government spending thats been going on for years. Again, this is being done
with money printed out of thin air, making those dollars worth less and less.
Devaluing the dollar creates another effect: Central banks around the world are
less eager to hold dollars. Since the dollar had always been the worlds premier
currency, the only asset beyond that is physical gold. That creates demand, and
the more demand, the higher the price of gold. There are a few other reasons to
own gold. Its the most liquid of the precious metals, so its easy to buy and
sell. Its safe from political instability, at home or abroad. And all of these
things are going to be factors for a very long time. So, what are the best ways
to own gold? You can buy it via various stock investments. Numerous ETFs are
available, of which the most popular is SPDR Gold Shares (NYSE: GLD ), which
actually holds baskets of physical gold. Beware, however, that gold is
considered a collectible and is taxed differently than a stock investment, and
that difference does apply to this ETF. Another increasingly popular way is to
own the metal yourself. Yes, you can do that, and it isnt as difficult as it
used to be. Youve probably heard all the radio commercials about buying gold
bullion or coins. That actually works. In fact, DGSE Companies (NASDAQ: DGSE )
recently completed the acquisition of Southern Bullion Trading Co. a subsidiary
of gold refiner and market-maker extraordinare NTR Metals. DGSE has a few
Bullion Express stores open around the country, with dozens more set to open in
the very near future. Theyre aiming to become the brand name in physical gold
trading. Find a store, and buy your gold. As with all investments, you dont want
to go hog wild and buy gold to the exclusion of other investments. However, gold
certainly has a place in a diversified portfolio. Lawrence Meyers owns shares of
SPDR Gold Shares.
Gold, Silver Holding Steady Tuesday
Gold was holding firm above $1,790 per ounce and silver was straddling $35 in
Tuesday morning trading. Market participants continue to focus on developments
in the euro zone, where Italian Prime Minister Silvio Berlusconis latest
austerity budget is up for a vote in the Italian Parliament. The results may be
viewed as a vote of confidence or lack thereof for Berlusconis government.
Spot gold was down some 0.2% mid-morning Tuesday, though up from its previous
days close, having hit a high of $1,798.30 per ounce and a low of $1784.70 as of
10 a.m. Spot gold was bid at $1,791.80 with an ask price of $1,792.80. The
evening reference price was fixed at $1,795 an ounce, according to Kitco market
data . Spot silver was just about flat, trading at $34.99 Bid, $35.09 Ask. The
morning high as of time of writing was $35.24 per ounce, and the low was $34.59.
Thursdays reference price was set at $34.64 in the London a.m. Gold and silver
trusts were moving slightly lower Tuesday morning. The SPDR Gold Trust (NYSE:
GLD ) was some 0.4% lower. The iShares Gold Trust (NYSE: IAU ) was around 0.35%
lower. The iShares Silver Trust (NYSE: SLV ) was down about 0.35%. Gold mining
trusts were down, but the Global X Silver Miners ETF (NYSE: SIL ) was slightly
up. The Market Vectors Gold Miners ETF (NYSE: GDX ) was nearly 0.6% lower. The
Market Vector Junior Gold Miners ETF (NYSE: GDXJ ) was down nearly 0.2%. The
Global X Silver Miners ETF was nearly 0.3% higher. Shares of gold miners were
showing losses Tuesday. Agnico-Eagle Mines (USA) (NYSE: AEM ) was some 1.1%
lower. Barrick Gold Corp. (NYSE: ABX ) was around 0.5% lower. Goldcorp (NYSE: GG
) was down some 0.9%. Newmont Mining Corp. (NYSE: NEM ) was down around 0.5%.
NovaGold Resources (USA) (AMEX: NG ) was about 0.7% lower. Silver miners shares
were mixed, with Silver Wheaton Corp. (NYSE: SLW ) and Silver Standard Resources
Inc. (NASDAQ: SSRI ) showing losses. Coeur DAlene Mines Corp. (NYSE: CDE ) was
nearly 0.8% higher. Hecla Mining (NYSE: HL ) was up nearly 3%. Pan American
Silver Corp. (USA) (NASDAQ: PAAS ) was around 0.3% higher. Silver Wheaton was
about 0.25% lower. Silver Standard Resources was around 0.45% lower. As of this
writing, Andrew Burger did not own a position in any of the aforementioned
stocks.
Tuesday morning trading. Market participants continue to focus on developments
in the euro zone, where Italian Prime Minister Silvio Berlusconis latest
austerity budget is up for a vote in the Italian Parliament. The results may be
viewed as a vote of confidence or lack thereof for Berlusconis government.
Spot gold was down some 0.2% mid-morning Tuesday, though up from its previous
days close, having hit a high of $1,798.30 per ounce and a low of $1784.70 as of
10 a.m. Spot gold was bid at $1,791.80 with an ask price of $1,792.80. The
evening reference price was fixed at $1,795 an ounce, according to Kitco market
data . Spot silver was just about flat, trading at $34.99 Bid, $35.09 Ask. The
morning high as of time of writing was $35.24 per ounce, and the low was $34.59.
Thursdays reference price was set at $34.64 in the London a.m. Gold and silver
trusts were moving slightly lower Tuesday morning. The SPDR Gold Trust (NYSE:
GLD ) was some 0.4% lower. The iShares Gold Trust (NYSE: IAU ) was around 0.35%
lower. The iShares Silver Trust (NYSE: SLV ) was down about 0.35%. Gold mining
trusts were down, but the Global X Silver Miners ETF (NYSE: SIL ) was slightly
up. The Market Vectors Gold Miners ETF (NYSE: GDX ) was nearly 0.6% lower. The
Market Vector Junior Gold Miners ETF (NYSE: GDXJ ) was down nearly 0.2%. The
Global X Silver Miners ETF was nearly 0.3% higher. Shares of gold miners were
showing losses Tuesday. Agnico-Eagle Mines (USA) (NYSE: AEM ) was some 1.1%
lower. Barrick Gold Corp. (NYSE: ABX ) was around 0.5% lower. Goldcorp (NYSE: GG
) was down some 0.9%. Newmont Mining Corp. (NYSE: NEM ) was down around 0.5%.
NovaGold Resources (USA) (AMEX: NG ) was about 0.7% lower. Silver miners shares
were mixed, with Silver Wheaton Corp. (NYSE: SLW ) and Silver Standard Resources
Inc. (NASDAQ: SSRI ) showing losses. Coeur DAlene Mines Corp. (NYSE: CDE ) was
nearly 0.8% higher. Hecla Mining (NYSE: HL ) was up nearly 3%. Pan American
Silver Corp. (USA) (NASDAQ: PAAS ) was around 0.3% higher. Silver Wheaton was
about 0.25% lower. Silver Standard Resources was around 0.45% lower. As of this
writing, Andrew Burger did not own a position in any of the aforementioned
stocks.
The Gold Price Closed Today at 1,798.40 Up 0.5%
Gold Price Close Today : 1,798.40 Change : 8.10 or 0.5% Silver Price Close
Today : 3513.00 Change : 33 or 0.9% Platinum Price Close Today : 1,670.60 Change
: 15.10 or 0.9% Palladium Price Close Today : 677.15 Change : 15.35 or 2.3% Gold
Silver Ratio Today : 51.19 Change : -0.24 or 1.00% Dow Industrial : 12,068.39
Change : 85.15 or 0.7% US Dollar Index : 76.94 Change : 0.03 or 0.0% Franklin
Sanders has not published any commentary today, he will be away until 9th
November. Argentum et aurum comparenda sunt -- -- Gold and silver must be
bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 3513.00 Change : 33 or 0.9% Platinum Price Close Today : 1,670.60 Change
: 15.10 or 0.9% Palladium Price Close Today : 677.15 Change : 15.35 or 2.3% Gold
Silver Ratio Today : 51.19 Change : -0.24 or 1.00% Dow Industrial : 12,068.39
Change : 85.15 or 0.7% US Dollar Index : 76.94 Change : 0.03 or 0.0% Franklin
Sanders has not published any commentary today, he will be away until 9th
November. Argentum et aurum comparenda sunt -- -- Gold and silver must be
bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Banks Jump on Italy PM’s Departure — Tuesday’s IP Market Recap
The markets clung tightly to Italy's political situation on Tuesday, and when
Italian Prime Minister Silvio Berlusconi announced he would resign following the
approval of a new budget law, stocks took off. The Dow Jones Industrial average
jumped almost 150 points in the afternoon and finished the day up about 100. It
brought a slew of financials skyward with it. Wells Fargo (NYSE: WFC ) jumped
more than 4% to finish Tuesday at $26.53, with Deutsche Bank (NYSE: DB ,
$40.55), Citigroup (NYSE: C , $31.42) and Goldman Sachs (NYSE: GS , $108.58)
each climbing about 3%. The KBW Bank Index (BKX) of 24 major financial
institutions finished the day about 2.5% higher. While Italy still faces massive
budgetary problems, Berlusconi's departure opens up the possibility of a new
government that could make the large-scale changes necessary to further shore up
the country's fiscal mess. Also headed upward were the two big U.S.
automakers, with General Motors (NYSE: GM ) gaining 4.3% to $25.04, and Ford
(NYSE: F ) jumping 3.48% to $11.61. Vertex Pharmaceuticals (NASDAQ: VRTX ) had
the bottom drop out for the second straight day, shedding more than 8% to end
Tuesday at $30.45 a day after it shed more than 9% on positive news from
competing hepatitis C drugmakers. However, those rivals Pharmasset (NASDAQ:
VRUS ) and Inhibitex (NASDAQ: INHX ) didn't fare as well today, with VRUS
shares sliding about 4% to $69.07, and INHX shares staying about flat at $9.65.
Three Up McCormick & Schmick (NASDAQ: MSSR ): Up 27.47% ($1.86) to $8.63.
Priceline (NASDAQ: PCLN ): Up 8.61% ($43.85) to $552.85. Baker Hughes (NYSE: BHI
): Up 4.54% ($2.58) to $59.38. Three Down Weight Watchers (NYSE: WTW ): Down
3.53% ($2.63) to $71.84. United Continental (NYSE: UAL ): Down 2.88% (54 cents)
to $18.20. Sony (NYSE: SNE ): Down 2.83% (51 cents) to $17.48. 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 .
Italian Prime Minister Silvio Berlusconi announced he would resign following the
approval of a new budget law, stocks took off. The Dow Jones Industrial average
jumped almost 150 points in the afternoon and finished the day up about 100. It
brought a slew of financials skyward with it. Wells Fargo (NYSE: WFC ) jumped
more than 4% to finish Tuesday at $26.53, with Deutsche Bank (NYSE: DB ,
$40.55), Citigroup (NYSE: C , $31.42) and Goldman Sachs (NYSE: GS , $108.58)
each climbing about 3%. The KBW Bank Index (BKX) of 24 major financial
institutions finished the day about 2.5% higher. While Italy still faces massive
budgetary problems, Berlusconi's departure opens up the possibility of a new
government that could make the large-scale changes necessary to further shore up
the country's fiscal mess. Also headed upward were the two big U.S.
automakers, with General Motors (NYSE: GM ) gaining 4.3% to $25.04, and Ford
(NYSE: F ) jumping 3.48% to $11.61. Vertex Pharmaceuticals (NASDAQ: VRTX ) had
the bottom drop out for the second straight day, shedding more than 8% to end
Tuesday at $30.45 a day after it shed more than 9% on positive news from
competing hepatitis C drugmakers. However, those rivals Pharmasset (NASDAQ:
VRUS ) and Inhibitex (NASDAQ: INHX ) didn't fare as well today, with VRUS
shares sliding about 4% to $69.07, and INHX shares staying about flat at $9.65.
Three Up McCormick & Schmick (NASDAQ: MSSR ): Up 27.47% ($1.86) to $8.63.
Priceline (NASDAQ: PCLN ): Up 8.61% ($43.85) to $552.85. Baker Hughes (NYSE: BHI
): Up 4.54% ($2.58) to $59.38. Three Down Weight Watchers (NYSE: WTW ): Down
3.53% ($2.63) to $71.84. United Continental (NYSE: UAL ): Down 2.88% (54 cents)
to $18.20. Sony (NYSE: SNE ): Down 2.83% (51 cents) to $17.48. 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 Inc. (NASDAQ:GOOG) Launches Google+ Pages
Google Inc. (NASDAQ:GOOG) has rolled out Google+ Pages for businesses. Google
Inc. (NASDAQ:GOOG) Launches Google+ Pages The California based search company
Google Inc. (NASDAQ:GOOG) finally opened its doors to businesses to create web
pages to promote their businesses by rolling out Google+ Pages in its popular
social networking site. Though the site is not open to all yet, the company said
that everyone will soon be able to join. Google Inc. (NASDAQ:GOOG)'s senior
vice president of engineering Vic Gundotra said, "For you and me, this means
we can now hang out live with the local bike shop, or discuss our wardrobe with
a favorite clothing line, or follow a band on tour. Google+ Pages give life to
everything we find in the real world. And by adding them to circles, we can
create lasting bonds with the pages (and people) that matter most". Google
Inc. (NASDAQ:GOOG) stocks were at 608.33 at the end of the last days trading.
Theres been a 3.0% change 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: 4 out of 31 in the industry
Inc. (NASDAQ:GOOG) Launches Google+ Pages The California based search company
Google Inc. (NASDAQ:GOOG) finally opened its doors to businesses to create web
pages to promote their businesses by rolling out Google+ Pages in its popular
social networking site. Though the site is not open to all yet, the company said
that everyone will soon be able to join. Google Inc. (NASDAQ:GOOG)'s senior
vice president of engineering Vic Gundotra said, "For you and me, this means
we can now hang out live with the local bike shop, or discuss our wardrobe with
a favorite clothing line, or follow a band on tour. Google+ Pages give life to
everything we find in the real world. And by adding them to circles, we can
create lasting bonds with the pages (and people) that matter most". Google
Inc. (NASDAQ:GOOG) stocks were at 608.33 at the end of the last days trading.
Theres been a 3.0% change 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: 4 out of 31 in the industry
Premier Gold Hits Highest Grades Yet at Saddle
Premier Gold Mines (PG.TSX) announced that recent drilling at the Companys
100%-owned Saddle Project has returned the best intercept drilled to date.
100%-owned Saddle Project has returned the best intercept drilled to date.
Trend in gold “is clear and the bears are on the defensive”
Gold futures briefly surpassed $1,800 per ounce Tuesday afternoon before
turning sharply lower amid reports that Italian Prime Minister Silvio Berlusconi
will resign from office. The yellow metal hit $1,804.40 at approximately 12:58pm
ET, but subsequently tumbled to as low as $1,778.20 before rebounding slightly
to $1,785.00 per ounce. Commenting on the outlook for gold, long-time
commodities investor Dennis Gartman wrote in his daily Gartman Letter that
turning sharply lower amid reports that Italian Prime Minister Silvio Berlusconi
will resign from office. The yellow metal hit $1,804.40 at approximately 12:58pm
ET, but subsequently tumbled to as low as $1,778.20 before rebounding slightly
to $1,785.00 per ounce. Commenting on the outlook for gold, long-time
commodities investor Dennis Gartman wrote in his daily Gartman Letter that
Hepatitis C Drug Progress Puts Several Companies on Acquisition Watch
Feasting their eyes on the multibillion-dollar market for treating hepatitis C,
members of Big Pharma are closely watching developments at the American
Association for the Study of Liver Disease annual meeting, which started
Saturday. The large drugmakers might be thinking about following in the
footsteps of Swiss giant Roche (PINK: RHHBY ), which last month agreed to buy
Anadys Pharmaceuticals (NASDAQ: ANDS ), a developer of medicines for the
treatment of hepatitis C, for $230 million in cash. Potential targets abound.
Two of the most prominent are hepatitis C drug developers Pharmasset (NASDAQ:
VRUS ) and Inhibitex (NASDAQ: INHX ). Shares of both companies climbed Monday
after they reported positive clinical trial data for their medicines. The news
from these companies dampened investor enthusiasm for Vertex (NASDAQ: VRTX ),
whose Incivek treatment has taken the market by storm since its approval in May.
Incivek was supposed to be challenged by the Merck (NYSE: MRK ) hepatitis C drug
Victrelis, which was approved about the same time. But that battle has proved to
be no contest, with the Vertex drug widely outselling Victrelis. In the third
quarter alone, sales of Incivek totaled $420 million. However, study results
reported by Pharmasset and Inhibitex have raised some doubt among investors
about the long-term viability of Vertex's Incivek. That's reflected in the
nearly 17% decline in VRTX shares since its Friday close. Emerging competitive
data suggest a potentially very limited role for Incivek in future regimens,
said RBC Capital Markets analyst Jason Kantor, according to an Associated Press
article . Kantor said Incivek is selling well, but newer drugs continue to look
stronger as more data is reported. Eventually, he predicted, combinations of
Pharmassets treatment and other new drugs will command the field. He downgraded
shares of Vertex to sector perform from outperform and cut his price target for
the stock to $48 from $59. Although the recently approved drugs for the disease
marked the first breakthroughs for hepatitis C treatments in approximately 20
years, a number of other companies are researching others that have better cure
rates and reduced side effects. The goal for the next round of drugs to treat
hepatitis C is to produce a therapy that can be taken without the injected older
treatment interferon, which has serious side effects. Incivek is approved for
sale in the U.S. as a course of treatment to be taken with interferon.
Pharmasset is working toward the first all-oral treatment for hepatitis C, which
most definitely would hurt Incivek's sales if approved. Given the favorable
data from its study, the company could ask the FDA to approve the drug as early
as the second half of 2013. The Pharmasset drug appears to be about a
year-and-a-half ahead of the Inhibitex treatment, but the latter could become a
player if its early safety and efficacy data holds up. JMP Securities analyst
Liisa Bayko sent a note to clients saying she expects more hepatitis drug
developers to be acquired , according to Seeking Alpha . We anticipate more deal
making in the hepatitis C virus space in 2012 as companies accrue longer-term
safety data on the earlier stage assets in the pipeline, she wrote. Other
hepatitis C acquisition targets to keep an eye on are Achillion (NASDAQ: ACHN )
and Idenix (NASDAQ: IDIX ). As of this writing, Barry Cohen was long MRK.
members of Big Pharma are closely watching developments at the American
Association for the Study of Liver Disease annual meeting, which started
Saturday. The large drugmakers might be thinking about following in the
footsteps of Swiss giant Roche (PINK: RHHBY ), which last month agreed to buy
Anadys Pharmaceuticals (NASDAQ: ANDS ), a developer of medicines for the
treatment of hepatitis C, for $230 million in cash. Potential targets abound.
Two of the most prominent are hepatitis C drug developers Pharmasset (NASDAQ:
VRUS ) and Inhibitex (NASDAQ: INHX ). Shares of both companies climbed Monday
after they reported positive clinical trial data for their medicines. The news
from these companies dampened investor enthusiasm for Vertex (NASDAQ: VRTX ),
whose Incivek treatment has taken the market by storm since its approval in May.
Incivek was supposed to be challenged by the Merck (NYSE: MRK ) hepatitis C drug
Victrelis, which was approved about the same time. But that battle has proved to
be no contest, with the Vertex drug widely outselling Victrelis. In the third
quarter alone, sales of Incivek totaled $420 million. However, study results
reported by Pharmasset and Inhibitex have raised some doubt among investors
about the long-term viability of Vertex's Incivek. That's reflected in the
nearly 17% decline in VRTX shares since its Friday close. Emerging competitive
data suggest a potentially very limited role for Incivek in future regimens,
said RBC Capital Markets analyst Jason Kantor, according to an Associated Press
article . Kantor said Incivek is selling well, but newer drugs continue to look
stronger as more data is reported. Eventually, he predicted, combinations of
Pharmassets treatment and other new drugs will command the field. He downgraded
shares of Vertex to sector perform from outperform and cut his price target for
the stock to $48 from $59. Although the recently approved drugs for the disease
marked the first breakthroughs for hepatitis C treatments in approximately 20
years, a number of other companies are researching others that have better cure
rates and reduced side effects. The goal for the next round of drugs to treat
hepatitis C is to produce a therapy that can be taken without the injected older
treatment interferon, which has serious side effects. Incivek is approved for
sale in the U.S. as a course of treatment to be taken with interferon.
Pharmasset is working toward the first all-oral treatment for hepatitis C, which
most definitely would hurt Incivek's sales if approved. Given the favorable
data from its study, the company could ask the FDA to approve the drug as early
as the second half of 2013. The Pharmasset drug appears to be about a
year-and-a-half ahead of the Inhibitex treatment, but the latter could become a
player if its early safety and efficacy data holds up. JMP Securities analyst
Liisa Bayko sent a note to clients saying she expects more hepatitis drug
developers to be acquired , according to Seeking Alpha . We anticipate more deal
making in the hepatitis C virus space in 2012 as companies accrue longer-term
safety data on the earlier stage assets in the pipeline, she wrote. Other
hepatitis C acquisition targets to keep an eye on are Achillion (NASDAQ: ACHN )
and Idenix (NASDAQ: IDIX ). As of this writing, Barry Cohen was long MRK.
Top 10 Micro Cap Stocks with Highest Upside: MEG, YRCW, NBS, ANO, SNSS, CIS, AVII, PATH, BIOD, XOMA (Nov 08, 2011)
Below are the top 10 Micro Cap stocks with highest upside potential, based on
the difference between current price and Wall Street analysts average target
price. One Chinese company (CIS) is on the list. Media General, Inc. (NYSE:MEG)
has the 1st highest upside potential in this segment of the market. Its upside
is 1471.4%. Its consensus target price is $55.00 based on the average of all
estimates. YRC Worldwide Inc. (NASDAQ:YRCW) has the 2nd highest upside potential
in this segment of the market. Its upside is 1424.4%. Its consensus target price
is $0.69 based on the average of all estimates. Neostem Inc. (AMEX:NBS) has the
3rd highest upside potential in this segment of the market. Its upside is
446.4%. Its consensus target price is $3.56 based on the average of all
estimates. Anooraq Resources Corporation (USA) (AMEX:ANO) has the 4th highest
upside potential in this segment of the market. Its upside is 433.9%. Its
consensus target price is $2.99 based on the average of all estimates. Sunesis
Pharmaceuticals, Inc. (NASDAQ:SNSS) has the 5th highest upside potential in this
segment of the market. Its upside is 423.3%. Its consensus target price is $6.75
based on the average of all estimates. Camelot Information Systems Inc (ADR)
(NYSE:CIS) has the 6th highest upside potential in this segment of the market.
Its upside is 330.8%. Its consensus target price is $12.45 based on the average
of all estimates. AVI BioPharma, Inc. (NASDAQ:AVII) has the 7th highest upside
potential in this segment of the market. Its upside is 316.7%. Its consensus
target price is $3.67 based on the average of all estimates. NuPathe Inc
(NASDAQ:PATH) has the 8th highest upside potential in this segment of the
market. Its upside is 303.3%. Its consensus target price is $12.58 based on the
average of all estimates. Biodel Inc (NASDAQ:BIOD) has the 9th highest upside
potential in this segment of the market. Its upside is 300.1%. Its consensus
target price is $3.00 based on the average of all estimates. XOMA Limited
(NASDAQ:XOMA) has the 10th highest upside potential in this segment of the
market. Its upside is 287.9%. Its consensus target price is $6.40 based on the
average of all estimates.
the difference between current price and Wall Street analysts average target
price. One Chinese company (CIS) is on the list. Media General, Inc. (NYSE:MEG)
has the 1st highest upside potential in this segment of the market. Its upside
is 1471.4%. Its consensus target price is $55.00 based on the average of all
estimates. YRC Worldwide Inc. (NASDAQ:YRCW) has the 2nd highest upside potential
in this segment of the market. Its upside is 1424.4%. Its consensus target price
is $0.69 based on the average of all estimates. Neostem Inc. (AMEX:NBS) has the
3rd highest upside potential in this segment of the market. Its upside is
446.4%. Its consensus target price is $3.56 based on the average of all
estimates. Anooraq Resources Corporation (USA) (AMEX:ANO) has the 4th highest
upside potential in this segment of the market. Its upside is 433.9%. Its
consensus target price is $2.99 based on the average of all estimates. Sunesis
Pharmaceuticals, Inc. (NASDAQ:SNSS) has the 5th highest upside potential in this
segment of the market. Its upside is 423.3%. Its consensus target price is $6.75
based on the average of all estimates. Camelot Information Systems Inc (ADR)
(NYSE:CIS) has the 6th highest upside potential in this segment of the market.
Its upside is 330.8%. Its consensus target price is $12.45 based on the average
of all estimates. AVI BioPharma, Inc. (NASDAQ:AVII) has the 7th highest upside
potential in this segment of the market. Its upside is 316.7%. Its consensus
target price is $3.67 based on the average of all estimates. NuPathe Inc
(NASDAQ:PATH) has the 8th highest upside potential in this segment of the
market. Its upside is 303.3%. Its consensus target price is $12.58 based on the
average of all estimates. Biodel Inc (NASDAQ:BIOD) has the 9th highest upside
potential in this segment of the market. Its upside is 300.1%. Its consensus
target price is $3.00 based on the average of all estimates. XOMA Limited
(NASDAQ:XOMA) has the 10th highest upside potential in this segment of the
market. Its upside is 287.9%. Its consensus target price is $6.40 based on the
average of all estimates.
Miners Say Gold Going Higher
Miners Say Gold Going Higher Zacks.com - 26 minutes ago Think gold is another
asset bubble waiting to pop? The strength of the mining stocks is telling a
different story based on a mix of near-term and secular trends. The big picture
story we know: in ...
asset bubble waiting to pop? The strength of the mining stocks is telling a
different story based on a mix of near-term and secular trends. The big picture
story we know: in ...
Barnes & Noble Going Toe-to-Toe With Amazon in Tablet Fight
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Barnes & Noble ‘s (NYSE: BKS ) chorus of “Anything Amazon can do, I can do better!” got a little louder this week when the book retailer announced the latest version of its Nook portable e-reader. The new Nook isn’t just an e-reader, though. It is, unsurprisingly, an affordable tablet priced at $250. That’s just slightly more expensive than Amazon’s recently announced Kindle Fire tablet, which is expected to go on sale sometime this month at $199. Price is the first of many things in which Barnes & Noble’s device is similar but just a little bit bigger. Just like Amazon ‘s ( NASDAQ : AMZN ) device, the Nook Tablet has a 7-inch screen and WiFi connectivity, but Barnes & Noble’s device is a bit beefier when it comes to computing speed and memory. The Nook has a 1.2GHz processor and 16GB of flash memory that can be expanded to 32GB, while the Kindle Fire has a 1GHz processor and just 8GB of memory. Amazon’s device is connected to that company’s free cloud storage service, so the low storage is offset. On the content side, Barnes & Noble has partnered with a number of other companies to match Amazon’s numerous company-run services. The Kindle Fire has streaming video through the $79 per year Amazon Prime service , but the Nook supports both Netflix ( NASDAQ : NFLX ) and Hulu. Amazon currently controls 12% of the digital music market through MP3 sales and its Cloud Player service. But Barnes & Noble teamed up with Pandora (NYSE: P ) to provide streaming Internet radio on the Nook Tablet. Barnes & Noble seemingly covered every single base to make itself a competitive alternative. It even signed a deal with Disney (NYSE: DIS ) to bring Marvel Comics to the platform — a backhand slap aimed at both Amazon and Time Warner ‘s (NYSE: TWX ) DC Comics, which partnered up on Kindle . Amazon is banking on its brand and its reach as a content provider to get the Kindle Fire in people’s hands. Barnes & Noble is relying on services with established audiences — Netflix’s roughly 21.5 million subscribers , Pandora’s 80 million users — to woo the masses. Content- and technology-wise, the two truly are on equal footing. Here’s what Amazon has that Barnes & Noble doesn’t, though: Towering brand loyalty. Consumers love Amazon. According to brand research group Brand Keys, consumers love Amazon more than any other brand — including Apple ( NASDAQ : AAPL ) and Facebook. On Brand Keys’ Loyalty Leaders list, Amazon placed twice in the top 10, with the Kindle brand coming in at No. 8. Barnes & Noble itself didn’t place, but the Nook shows up at No. 52. In terms of sheer brand awareness, the Nook Tablet has a tremendous uphill battle compared to the Kindle Fire. So Amazon has the advantage at release, but Barnes & Noble already has made itself a comfortable bed playing second fiddle to Amazon. The company’s Nook business and its online retail operations pulled in a collective $1.42 billion in the second quarter . Nook revenue grew 140% year-on-year, and BN.com revenue grew 37%. With a lock on the physical retail space for books, maybe it’s enough to stay steady in second. Of course, this all assumes that consumers buy into the Kindle Fire or Nook Tablet at all. Amazon recently beefed up production of the Kindle Fire due to greater-than-expected pre-order demand . (Amazon CEO Jeff Bezos said the company is building “millions more than we’d already planned.”) To date, though, consumers have shown that while they’re willing to buy both e-readers and tablets, they’re typically going to opt for Apple’s iPad when it comes to the tablet. If Amazon takes second place in the tablet world, the question will be whether Barnes & Noble can be profitable in third. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Top 10 Mid Cap Stocks with Highest Upside: MTL, ALU, AGO, QIHU, UAL, FTR, MCP, HTZ, DAL, NIHD (Nov 08, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 Mid Cap stocks with highest upside potential, based on the difference between current price and Wall Street analysts' average target price. One Chinese company (QIHU) is on the list. Mechel OAO (ADR) (NYSE:MTL) has the 1st highest upside potential in this segment of the market. Its upside is 116.9%. Its consensus target price is $29.15 based on the average of all estimates. Alcatel-Lucent (ADR) (NYSE:ALU) has the 2nd highest upside potential in this segment of the market. Its upside is 115.4%. Its consensus target price is $4.57 based on the average of all estimates. Assured Guaranty Ltd. (NYSE:AGO) has the 3rd highest upside potential in this segment of the market. Its upside is 98.9%. Its consensus target price is $24.50 based on the average of all estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 4th highest upside potential in this segment of the market. Its upside is 88.6%. Its consensus target price is $34.07 based on the average of all estimates. United Continental Holdings, Inc. (NYSE:UAL) has the 5th highest upside potential in this segment of the market. Its upside is 76.1%. Its consensus target price is $33.00 based on the average of all estimates. Frontier Communications Corp (NYSE:FTR) has the 6th highest upside potential in this segment of the market. Its upside is 75.9%. Its consensus target price is $10.27 based on the average of all estimates. Molycorp, Inc. (NYSE:MCP) has the 7th highest upside potential in this segment of the market. Its upside is 75.9%. Its consensus target price is $73.20 based on the average of all estimates. Hertz Global Holdings, Inc. (NYSE:HTZ) has the 8th highest upside potential in this segment of the market. Its upside is 75.3%. Its consensus target price is $20.60 based on the average of all estimates. Delta Air Lines, Inc. (NYSE:DAL) has the 9th highest upside potential in this segment of the market. Its upside is 70.8%. Its consensus target price is $14.19 based on the average of all estimates. NII Holdings, Inc. (NASDAQ:NIHD) has the 10th highest upside potential in this segment of the market. Its upside is 70.5%. Its consensus target price is $40.18 based on the average of all estimates.
Basic Materials Sector Stock Downgrades to Watch
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Basic Materials Sector Stock Downgrades to Watch Wall St. Cheat Sheet – 6 minutes ago By Wall St. Cheat Sheet Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Basic Materials sector for the week ending November 4th, 2011 …
Euro Rebounds, Gold Retreats as Berlusconi Resigns
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 The euro currency rebounded and gold futures headed lower after Italian President Giorgio Napolitano announced that Prime Minister Silvio Berlusconi will step down after the nation’s Parliament approves a new austerity bill. Berlusconi's resignation followed Parliament after he was unable to shore up an essential majority in Parliament, leading to calls for his removal from office. The euro spiked from near 1.378 toward 1.385 against the U.S. dollar following the news, while COMEX gold futures slid from an intra-day high of $1,804.40 to near $1,790 per ounce. U.S. equity markets rebounded as well, with the S&P 500 Index higher by 0.5% at 1,267.95 in afternoon trading. While financial markets showed a positive initial reaction to the news, Fil Zucchi of Minyanville.com warned that investors should “be careful what they wish for.” “If Berlusconi resigns, the consensus seems to be that a ‘technical government’ can step in, implement the reforms required by the European Union, and reverse the growing credit crunch affecting Italian bonds,” Zucchi noted .
Pay-TV Stocks: 3 Winners, 3 Losers
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Television viewers now spend an additional four-and-a-half-hours on the Internet and 59% surf the Internet and watch TV at the same time.
Top 10 Mid Cap Stocks with Highest Upside: MTL, ALU, AGO, QIHU, UAL, FTR, MCP, HTZ, DAL, NIHD (Nov 08, 2011)
Below are the top 10 Mid Cap stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
One Chinese company (QIHU) is on the list. Mechel OAO (ADR) (NYSE:MTL) has the
1st highest upside potential in this segment of the market. Its upside is
116.9%. Its consensus target price is $29.15 based on the average of all
estimates. Alcatel-Lucent (ADR) (NYSE:ALU) has the 2nd highest upside potential
in this segment of the market. Its upside is 115.4%. Its consensus target price
is $4.57 based on the average of all estimates. Assured Guaranty Ltd. (NYSE:AGO)
has the 3rd highest upside potential in this segment of the market. Its upside
is 98.9%. Its consensus target price is $24.50 based on the average of all
estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 4th highest upside
potential in this segment of the market. Its upside is 88.6%. Its consensus
target price is $34.07 based on the average of all estimates. United Continental
Holdings, Inc. (NYSE:UAL) has the 5th highest upside potential in this segment
of the market. Its upside is 76.1%. Its consensus target price is $33.00 based
on the average of all estimates. Frontier Communications Corp (NYSE:FTR) has the
6th highest upside potential in this segment of the market. Its upside is 75.9%.
Its consensus target price is $10.27 based on the average of all estimates.
Molycorp, Inc. (NYSE:MCP) has the 7th highest upside potential in this segment
of the market. Its upside is 75.9%. Its consensus target price is $73.20 based
on the average of all estimates. Hertz Global Holdings, Inc. (NYSE:HTZ) has the
8th highest upside potential in this segment of the market. Its upside is 75.3%.
Its consensus target price is $20.60 based on the average of all estimates.
Delta Air Lines, Inc. (NYSE:DAL) has the 9th highest upside potential in this
segment of the market. Its upside is 70.8%. Its consensus target price is $14.19
based on the average of all estimates. NII Holdings, Inc. (NASDAQ:NIHD) has the
10th highest upside potential in this segment of the market. Its upside is
70.5%. Its consensus target price is $40.18 based on the average of all
estimates.
difference between current price and Wall Street analysts average target price.
One Chinese company (QIHU) is on the list. Mechel OAO (ADR) (NYSE:MTL) has the
1st highest upside potential in this segment of the market. Its upside is
116.9%. Its consensus target price is $29.15 based on the average of all
estimates. Alcatel-Lucent (ADR) (NYSE:ALU) has the 2nd highest upside potential
in this segment of the market. Its upside is 115.4%. Its consensus target price
is $4.57 based on the average of all estimates. Assured Guaranty Ltd. (NYSE:AGO)
has the 3rd highest upside potential in this segment of the market. Its upside
is 98.9%. Its consensus target price is $24.50 based on the average of all
estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 4th highest upside
potential in this segment of the market. Its upside is 88.6%. Its consensus
target price is $34.07 based on the average of all estimates. United Continental
Holdings, Inc. (NYSE:UAL) has the 5th highest upside potential in this segment
of the market. Its upside is 76.1%. Its consensus target price is $33.00 based
on the average of all estimates. Frontier Communications Corp (NYSE:FTR) has the
6th highest upside potential in this segment of the market. Its upside is 75.9%.
Its consensus target price is $10.27 based on the average of all estimates.
Molycorp, Inc. (NYSE:MCP) has the 7th highest upside potential in this segment
of the market. Its upside is 75.9%. Its consensus target price is $73.20 based
on the average of all estimates. Hertz Global Holdings, Inc. (NYSE:HTZ) has the
8th highest upside potential in this segment of the market. Its upside is 75.3%.
Its consensus target price is $20.60 based on the average of all estimates.
Delta Air Lines, Inc. (NYSE:DAL) has the 9th highest upside potential in this
segment of the market. Its upside is 70.8%. Its consensus target price is $14.19
based on the average of all estimates. NII Holdings, Inc. (NASDAQ:NIHD) has the
10th highest upside potential in this segment of the market. Its upside is
70.5%. Its consensus target price is $40.18 based on the average of all
estimates.
Microsoft Corporation (NASDAQ:MSFT) Windows Phone Released
Microsoft Corporation (NASDAQ:MSFT)'s new Windows Phones has hit store
shelves. Microsoft Corporation (NASDAQ:MSFT) Windows Phone Released Microsoft
Corporation (NASDAQ:MSFT) Windows Phone 7.5 has reached stores. Starting at just
$49.99, Windows Phone 7.5 came out with a selection of sleek and stylish
smartphones from HTC Corp. and Samsung. Andy Lees, president of the Windows
Phone Division at Microsoft Corporation (NASDAQ:MSFT), said that, Windows Phone
will help change the way people look at smartphones. Other phones have you wade
through a sea of apps, while Microsoft Corporation (NASDAQ:MSFT) bubble up all
the things that are important centered around the people that matter to you
most". Microsoft Corp. (NASDAQ:MSFT) stocks were at 26.8 at the end of the
last days trading. Theres been a 2.2% change 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: 29 out of 92 in the industry
shelves. Microsoft Corporation (NASDAQ:MSFT) Windows Phone Released Microsoft
Corporation (NASDAQ:MSFT) Windows Phone 7.5 has reached stores. Starting at just
$49.99, Windows Phone 7.5 came out with a selection of sleek and stylish
smartphones from HTC Corp. and Samsung. Andy Lees, president of the Windows
Phone Division at Microsoft Corporation (NASDAQ:MSFT), said that, Windows Phone
will help change the way people look at smartphones. Other phones have you wade
through a sea of apps, while Microsoft Corporation (NASDAQ:MSFT) bubble up all
the things that are important centered around the people that matter to you
most". Microsoft Corp. (NASDAQ:MSFT) stocks were at 26.8 at the end of the
last days trading. Theres been a 2.2% change 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: 29 out of 92 in the industry
Barnes & Noble Going Toe-to-Toe With Amazon in Tablet Fight
Barnes & Noble s (NYSE: BKS ) chorus of Anything Amazon can do, I can do
better! got a little louder this week when the book retailer announced the
latest version of its Nook portable e-reader. The new Nook isnt just an
e-reader, though. It is, unsurprisingly, an affordable tablet priced at $250.
Thats just slightly more expensive than Amazons recently announced Kindle Fire
tablet, which is expected to go on sale sometime this month at $199. Price is
the first of many things in which Barnes & Nobles device is similar but just a
little bit bigger. Just like Amazon s (NASDAQ: AMZN ) device, the Nook Tablet
has a 7-inch screen and WiFi connectivity, but Barnes & Nobles device is a bit
beefier when it comes to computing speed and memory. The Nook has a 1.2GHz
processor and 16GB of flash memory that can be expanded to 32GB, while the
Kindle Fire has a 1GHz processor and just 8GB of memory. Amazons device is
connected to that companys free cloud storage service, so the low storage is
offset. On the content side, Barnes & Noble has partnered with a number of other
companies to match Amazons numerous company-run services. The Kindle Fire has
streaming video through the $79 per year Amazon Prime service , but the Nook
supports both Netflix (NASDAQ: NFLX ) and Hulu. Amazon currently controls 12% of
the digital music market through MP3 sales and its Cloud Player service. But
Barnes & Noble teamed up with Pandora (NYSE: P ) to provide streaming Internet
radio on the Nook Tablet. Barnes & Noble seemingly covered every single base to
make itself a competitive alternative. It even signed a deal with Disney (NYSE:
DIS ) to bring Marvel Comics to the platform a backhand slap aimed at both
Amazon and Time Warner s (NYSE: TWX ) DC Comics, which partnered up on Kindle .
Amazon is banking on its brand and its reach as a content provider to get the
Kindle Fire in peoples hands. Barnes & Noble is relying on services with
established audiences Netflixs roughly 21.5 million subscribers , Pandoras 80
million users to woo the masses. Content- and technology-wise, the two truly
are on equal footing. Heres what Amazon has that Barnes & Noble doesnt, though:
Towering brand loyalty. Consumers love Amazon. According to brand research group
Brand Keys, consumers love Amazon more than any other brand including Apple
(NASDAQ: AAPL ) and Facebook. On Brand Keys Loyalty Leaders list, Amazon placed
twice in the top 10, with the Kindle brand coming in at No. 8. Barnes & Noble
itself didnt place, but the Nook shows up at No. 52. In terms of sheer brand
awareness, the Nook Tablet has a tremendous uphill battle compared to the Kindle
Fire. So Amazon has the advantage at release, but Barnes & Noble already has
made itself a comfortable bed playing second fiddle to Amazon. The companys Nook
business and its online retail operations pulled in a collective $1.42 billion
in the second quarter . Nook revenue grew 140% year-on-year, and BN.com revenue
grew 37%. With a lock on the physical retail space for books, maybe its enough
to stay steady in second. Of course, this all assumes that consumers buy into
the Kindle Fire or Nook Tablet at all. Amazon recently beefed up production of
the Kindle Fire due to greater-than-expected pre-order demand . (Amazon CEO Jeff
Bezos said the company is building millions more than wed already planned.) To
date, though, consumers have shown that while theyre willing to buy both
e-readers and tablets, theyre typically going to opt for Apples iPad when it
comes to the tablet. If Amazon takes second place in the tablet world, the
question will be whether Barnes & Noble can be profitable in third. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
better! got a little louder this week when the book retailer announced the
latest version of its Nook portable e-reader. The new Nook isnt just an
e-reader, though. It is, unsurprisingly, an affordable tablet priced at $250.
Thats just slightly more expensive than Amazons recently announced Kindle Fire
tablet, which is expected to go on sale sometime this month at $199. Price is
the first of many things in which Barnes & Nobles device is similar but just a
little bit bigger. Just like Amazon s (NASDAQ: AMZN ) device, the Nook Tablet
has a 7-inch screen and WiFi connectivity, but Barnes & Nobles device is a bit
beefier when it comes to computing speed and memory. The Nook has a 1.2GHz
processor and 16GB of flash memory that can be expanded to 32GB, while the
Kindle Fire has a 1GHz processor and just 8GB of memory. Amazons device is
connected to that companys free cloud storage service, so the low storage is
offset. On the content side, Barnes & Noble has partnered with a number of other
companies to match Amazons numerous company-run services. The Kindle Fire has
streaming video through the $79 per year Amazon Prime service , but the Nook
supports both Netflix (NASDAQ: NFLX ) and Hulu. Amazon currently controls 12% of
the digital music market through MP3 sales and its Cloud Player service. But
Barnes & Noble teamed up with Pandora (NYSE: P ) to provide streaming Internet
radio on the Nook Tablet. Barnes & Noble seemingly covered every single base to
make itself a competitive alternative. It even signed a deal with Disney (NYSE:
DIS ) to bring Marvel Comics to the platform a backhand slap aimed at both
Amazon and Time Warner s (NYSE: TWX ) DC Comics, which partnered up on Kindle .
Amazon is banking on its brand and its reach as a content provider to get the
Kindle Fire in peoples hands. Barnes & Noble is relying on services with
established audiences Netflixs roughly 21.5 million subscribers , Pandoras 80
million users to woo the masses. Content- and technology-wise, the two truly
are on equal footing. Heres what Amazon has that Barnes & Noble doesnt, though:
Towering brand loyalty. Consumers love Amazon. According to brand research group
Brand Keys, consumers love Amazon more than any other brand including Apple
(NASDAQ: AAPL ) and Facebook. On Brand Keys Loyalty Leaders list, Amazon placed
twice in the top 10, with the Kindle brand coming in at No. 8. Barnes & Noble
itself didnt place, but the Nook shows up at No. 52. In terms of sheer brand
awareness, the Nook Tablet has a tremendous uphill battle compared to the Kindle
Fire. So Amazon has the advantage at release, but Barnes & Noble already has
made itself a comfortable bed playing second fiddle to Amazon. The companys Nook
business and its online retail operations pulled in a collective $1.42 billion
in the second quarter . Nook revenue grew 140% year-on-year, and BN.com revenue
grew 37%. With a lock on the physical retail space for books, maybe its enough
to stay steady in second. Of course, this all assumes that consumers buy into
the Kindle Fire or Nook Tablet at all. Amazon recently beefed up production of
the Kindle Fire due to greater-than-expected pre-order demand . (Amazon CEO Jeff
Bezos said the company is building millions more than wed already planned.) To
date, though, consumers have shown that while theyre willing to buy both
e-readers and tablets, theyre typically going to opt for Apples iPad when it
comes to the tablet. If Amazon takes second place in the tablet world, the
question will be whether Barnes & Noble can be profitable in third. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
Euro Rebounds, Gold Retreats as Berlusconi Resigns
The euro currency rebounded and gold futures headed lower after Italian
President Giorgio Napolitano announced that Prime Minister Silvio Berlusconi
will step down after the nations Parliament approves a new austerity bill.
Berlusconi's resignation followed Parliament after he was unable to shore up
an essential majority in Parliament, leading to calls for his removal from
office. The euro spiked from near 1.378 toward 1.385 against the U.S. dollar
following the news, while COMEX gold futures slid from an intra-day high of
$1,804.40 to near $1,790 per ounce. U.S. equity markets rebounded as well, with
the S&P 500 Index higher by 0.5% at 1,267.95 in afternoon trading. While
financial markets showed a positive initial reaction to the news, Fil Zucchi of
Minyanville.com warned that investors should be careful what they wish for. If
Berlusconi resigns, the consensus seems to be that a technical government can
step in, implement the reforms required by the European Union, and reverse the
growing credit crunch affecting Italian bonds, Zucchi noted .
President Giorgio Napolitano announced that Prime Minister Silvio Berlusconi
will step down after the nations Parliament approves a new austerity bill.
Berlusconi's resignation followed Parliament after he was unable to shore up
an essential majority in Parliament, leading to calls for his removal from
office. The euro spiked from near 1.378 toward 1.385 against the U.S. dollar
following the news, while COMEX gold futures slid from an intra-day high of
$1,804.40 to near $1,790 per ounce. U.S. equity markets rebounded as well, with
the S&P 500 Index higher by 0.5% at 1,267.95 in afternoon trading. While
financial markets showed a positive initial reaction to the news, Fil Zucchi of
Minyanville.com warned that investors should be careful what they wish for. If
Berlusconi resigns, the consensus seems to be that a technical government can
step in, implement the reforms required by the European Union, and reverse the
growing credit crunch affecting Italian bonds, Zucchi noted .
Rangold Resources looks after its own
Rangold Resources looks after its own Africa Intelligence - 1 hour ago Randgold
Resources ranks as one of the most successful African gold producers at the
moment, having already built four mines on the continent. But Mark Bristows
group is also offering a lot of ...
Resources ranks as one of the most successful African gold producers at the
moment, having already built four mines on the continent. But Mark Bristows
group is also offering a lot of ...
Warren Buffett Invested $23.9 Billion for the Latest Quarter
XCSFDHG46767FHJHJF
dow2664 Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK-A) (BRK-B) and the third richest man in the world, at least this week, invested $23.9 billion during the third quarter. Apparently, Buffett is now very bullish as this is the most he has spent in a quarter in the last 15 years . According to the Berkshire’s latest report, stocks identified as "commercial, industrial and other" increased by a substantial 62 percent for the latest quarter. There is no denying that Warren Buffett is an outstanding investor, and he knows what he is doing. Much has been written about Buffett , which gives advice about how to invest by following in his footsteps. But one of the easiest and best ways to invest like Buffett is by buying what he is buying. Over a dozen of the Warren Buffett Berkshire Hathaway stocks pay dividend yields in excess of 2%, according to WallStreetNewsNetwork.com. Buffett has a fairly diversified portfolio. He owns large oil companies, ConocoPhillips (COP) yielding 3.5% and Exxon Mobil Corp. (XOM) which pays a yield of 2.1%. He also owns food and beverage companies, including Kraft Foods Inc (KFT) paying 3.8% and Coca Cola Co (KO) which pays 2.7%. Buffett is also bullish on financial stocks, considering the number of companies he owns, such as M&T Bank Corp (MTB) yielding 3.1%, American Express Co (AXP) 1.6%, Bank of New York Mellon (BK) 1.2%, US Bancorp (USB) 0.7%, and Wells Fargo & Co (WFC) 0.6%. The health care related stocks owned by Buffett include GlaxoSmithKline Plc (GSK) which yields 6.4%, Johnson & Johnson (JNJ) 3.6%, and Sanofi Aventis (SNY) 3.2%. You can access a free list of two dozen of the stocks owned by Warren Buffett at WallStreetNewsNetwork.com, which shows the PE ratio, the forward PE, the EG, and the yield. Disclosure: Author didn’t own any of the above at the time the article was written. By Stockerblog.com
The One Thing Missing From This Rally
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace To those focusing on technical analysis, yesterday afternoon's 180-point rally following a weak morning made little sense. But the focus is onEurope, and rumors of new unnamed capital sources for an investment fund designed to buy sovereign bonds were enough to bring out the momentum players who drove the U.S. dollar down and stocks up.
Gold and Silver Prices Started the Week Rising –Recap November 7
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Following the modest fall for gold and silver prices on Friday, they have started the week with sharp gains; crude oil prices continued their upward trend and moderately inclined yesterday as well. Natural gas prices on the other hand sharply fell. Here is a summary of the price movements of precious metals and energy commodities for November 7th: Precious Metals Prices: Gold price sharply inclined yesterday by 1.99% and reached $1,791.10; Silver price also increased by 2.18% to reach $34.83. During November, gold price rose by 3.8% but silver price increased by 1.8%.
Gold and Silver Prices Started the Week Rising –Recap November 7
Following the modest fall for gold and silver prices on Friday, they have
started the week with sharp gains; crude oil prices continued their upward trend
and moderately inclined yesterday as well. Natural gas prices on the other hand
sharply fell. Here is a summary of the price movements of precious metals and
energy commodities for November 7th: Precious Metals Prices: Gold price sharply
inclined yesterday by 1.99% and reached $1,791.10; Silver price also increased
by 2.18% to reach $34.83. During November, gold price rose by 3.8% but silver
price increased by 1.8%.
started the week with sharp gains; crude oil prices continued their upward trend
and moderately inclined yesterday as well. Natural gas prices on the other hand
sharply fell. Here is a summary of the price movements of precious metals and
energy commodities for November 7th: Precious Metals Prices: Gold price sharply
inclined yesterday by 1.99% and reached $1,791.10; Silver price also increased
by 2.18% to reach $34.83. During November, gold price rose by 3.8% but silver
price increased by 1.8%.
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