Believe it or not, the end of the year is sneaking up on us. There are less
than two months until we ring in 2012, and now is the perfect time to reassess
your portfolios and prepare for the year ahead. The fourth quarter is a pivotal
time for investors as it is seasonally the best time of year for stocks and
brings the biggest gains. This is why you must be sure that your investments are
in the best condition they can be. The best way to do that is by being certain
that your portfolio contains top-rated and performing stocks. Here are three
well-known stocks that you might not realize you should stay away from. No More
Love for Netflix In just a few short years, Netflix (NASDAQ: NFLX ) has become a
powerhouse in the movie industry. The company revolutionized the way people
watched movies. First, the movie-service offered a low-fee monthly subscription
service that allowed subscribers to create their own list of must-see movies and
have titles delivered straight to their door. The service saved people from the
hassle of having to go out and rent movies and, better yet, eliminated late fees
by allowing subscribers to keep a movie as long as they wanted and by providing
a return envelope. Then, the company went virtual by adding an online movie
library. In addition, subscribers could just turn on their computer and stream
thousands of titles online instantly. Things were all well and good for the
company and stock until Netflix began raising monthly rates and subscribers
started to leave. Recently, although NFLX earnings jumped 63% in the third
quarter, a loss of 800,000 subscribers and a weak company outlook for the
fourth-quarter sent investors running. In the hours following Netflixs report,
the stock plunged 27%, falling below the $100 mark for the first time in over a
year. In the two weeks since reporting earnings, NFLX has struggled to regain a
positive footing. With the analyst community predicting a 31% drop in earnings
for the company in the fourth quarter, now is definitely the time to get out of
NFLX, if you havent already. Now lets take a look at an electronics company
thats in hot water.
Thursday, November 10, 2011
Todays Dow Jones Industrial Average Index DJX DJIA; Nasdaq index, S&P 500 Index; Stock Market Investing News Today
U.S. stocks began the last trading session strong but trends were trailing off
as the last session approached close. Investors continued to hold onto worries
relating to the intensifying debt crisis ongoing in the eurozone. Italys 10-year
bond yields shot higher this past week which many perceived as a sign of
potential debt bailout need. Last session, similar signs were observed in
France. The yields notched higher, but still not near the 7 percent mark which
investors view as a negative sign. The eurozone is ripe with bailout talk but
leaders do not all agree on the best way to resolve issues. The uncertainty
regarding future steps is causing turmoil in the current marketplace and stock
indices continue to experience pressure. Stock indicators in Asia finished the
last session lower. The primary indices in Europe were lower as well. As the
session finalized in the U.S., the primary index composites were able to finish
on a positive note. The Dow Jones Industrial Average was higher by .96 percent
at 11,893.79. The Nasdaq was higher by .13 percent and closed at 2,625.15. The
S&P 500 was higher by .86 percent and closed at 1,239.0. Stocks rebounded to
close the last session as positive economic data in the U.S. helped boost
activity. The Labor Department in the U.S. reported that jobless claims dropped
by 10,000 to 390,000. This figure was better than what most economists were
anticipating. In addition to this positively skewed data, the U.S. trade deficit
narrowed in September. This was also better than expected. Frank Matto
as the last session approached close. Investors continued to hold onto worries
relating to the intensifying debt crisis ongoing in the eurozone. Italys 10-year
bond yields shot higher this past week which many perceived as a sign of
potential debt bailout need. Last session, similar signs were observed in
France. The yields notched higher, but still not near the 7 percent mark which
investors view as a negative sign. The eurozone is ripe with bailout talk but
leaders do not all agree on the best way to resolve issues. The uncertainty
regarding future steps is causing turmoil in the current marketplace and stock
indices continue to experience pressure. Stock indicators in Asia finished the
last session lower. The primary indices in Europe were lower as well. As the
session finalized in the U.S., the primary index composites were able to finish
on a positive note. The Dow Jones Industrial Average was higher by .96 percent
at 11,893.79. The Nasdaq was higher by .13 percent and closed at 2,625.15. The
S&P 500 was higher by .86 percent and closed at 1,239.0. Stocks rebounded to
close the last session as positive economic data in the U.S. helped boost
activity. The Labor Department in the U.S. reported that jobless claims dropped
by 10,000 to 390,000. This figure was better than what most economists were
anticipating. In addition to this positively skewed data, the U.S. trade deficit
narrowed in September. This was also better than expected. Frank Matto
Pink Sheet, OTC and Microcap Stocks: Are They Really Worth It?
International stocks or microcap investments without a home on major U.S. stock
exchanges typically are called "pink sheet" stocks or "over the counter"
investments. The terms are from a bygone era on Wall Street when the physical
elements of investing and the trading floor were much more prominent than in
today's digital age. Pink sheet stocks got their name because their quotes
actually were printed on pink paper, and OTC stocks were referred to as such
because of a decentralized trading network with no physical stock exchange or
meeting place for the deal just a middleman with a counter and a telephone
making the deals. So what's the big deal now that it's the 21st century? Why
should you care whether a stock is faithfully represented on the floor of the
New York Stock Exchange or not? The Upside of Pink Sheets and OTC Stocks The
truth is that many pink sheet stocks indeed trade just like regular investments,
with some OTC picks actually dwarfing conventional NYSE or Nasdaq stocks. Take
food products giant Nestle (PINK: NSRGY ), one of the biggest consumer brands in
the world that trades as a pink sheet, or car-maker Nissan (PINK: NSANY ). These
companies are listed as pink sheets because they primarily are listed on a
foreign exchange the SIX Swiss Exchange for Nestle and Tokyo Stock Exchange in
the case of Nissan and the companies didn't feel like listing officially with
a U.S. exchange in addition to their countries of origin. Clearly Nestle and
Nissan are established companies you can bank on and have faith in just like
domestic blue chips. What's more, pink sheet stocks also can pay you dividends
just like any other company. Sometimes there is a small exchange fee for foreign
companies cutting dividend checks in a different currency, but this also often
is true for NYSE-listed companies known as American Depositary Receipts
companies like Britain's BP (NYSE: BP ) or Finland's Nokia (NYSE: NOK ), for
example. Simply put: OTC or pink sheet stocks have their dividends treated the
same way as any other stock. The Downside of Pink Sheets and OTC Stocks Pink
sheet and OTC investments have plenty of potential. However, they also have
decided risks. Almost all OTC stocks, domestic or foreign,
exchanges typically are called "pink sheet" stocks or "over the counter"
investments. The terms are from a bygone era on Wall Street when the physical
elements of investing and the trading floor were much more prominent than in
today's digital age. Pink sheet stocks got their name because their quotes
actually were printed on pink paper, and OTC stocks were referred to as such
because of a decentralized trading network with no physical stock exchange or
meeting place for the deal just a middleman with a counter and a telephone
making the deals. So what's the big deal now that it's the 21st century? Why
should you care whether a stock is faithfully represented on the floor of the
New York Stock Exchange or not? The Upside of Pink Sheets and OTC Stocks The
truth is that many pink sheet stocks indeed trade just like regular investments,
with some OTC picks actually dwarfing conventional NYSE or Nasdaq stocks. Take
food products giant Nestle (PINK: NSRGY ), one of the biggest consumer brands in
the world that trades as a pink sheet, or car-maker Nissan (PINK: NSANY ). These
companies are listed as pink sheets because they primarily are listed on a
foreign exchange the SIX Swiss Exchange for Nestle and Tokyo Stock Exchange in
the case of Nissan and the companies didn't feel like listing officially with
a U.S. exchange in addition to their countries of origin. Clearly Nestle and
Nissan are established companies you can bank on and have faith in just like
domestic blue chips. What's more, pink sheet stocks also can pay you dividends
just like any other company. Sometimes there is a small exchange fee for foreign
companies cutting dividend checks in a different currency, but this also often
is true for NYSE-listed companies known as American Depositary Receipts
companies like Britain's BP (NYSE: BP ) or Finland's Nokia (NYSE: NOK ), for
example. Simply put: OTC or pink sheet stocks have their dividends treated the
same way as any other stock. The Downside of Pink Sheets and OTC Stocks Pink
sheet and OTC investments have plenty of potential. However, they also have
decided risks. Almost all OTC stocks, domestic or foreign,
Sorry Mitt, Europe Is Our Problem Too
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tdp2664 InvestorPlace When pressed at last night's GOP presidential debate, Mitt Romney argued that the U.S. has enough problems and should let Europe sink or swim on its own. Unfortunately, Uncle Sam can't afford to do any such thing. Like it or not, the U.S. is not an island unto itself.
Green Mountain Tanks — Thursday’s IP Market Recap
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tdp2664 InvestorPlace Green Mountain Coffee Roasters ' (NASDAQ: GMCR ) feel-good story of the year already was hanging on a shaky precipice after a rocky October. Thursday's earnings report was the long-awaited shove. The Vermont-based purveyor of the Keurig single-serving K-Cups watched its stock free-fall 40% Thursday on a relatively strong earnings report that barely missed Wall Street expectations. Green Mountain reported revenue growth of 91% to $711.9 million and earnings per share of 47 cents for the fourth quarter. But those figures lagged Wall Street expectations of $760 million and 48 cents per share, respectively. The figures were far from the norm for GMCR, marking the company's first sales miss in two years. Further exacerbating the stock's descent were short sellers encouraged by hedge fund manager David Einhorn's October recommendation against Green Mountain because of accounting irregularities that prompted an SEC investigation. As of Oct. 31, the short interest on GMCR was 16%. However, Green Mountain CEO Lawrence Blanford did not attribute the sales miss to accounting issues in the report , instead saying, “a number of factors including changes in wholesale customer ordering patterns in our grocery and club channels despite steady consumer point-of-sale demand in those channels.” As recently as mid-September, Green Mountain was one of the year's best financial stories. Shares of GMCR quadrupled in value since January, reaching a high of $111, and Green Mountain had made partnerships with Starbucks (NASDAQ: SBUX ) and Dunkin' Brands (NASDAQ: DNKN ) to make those companies' coffees available in its popular K-Cups. However, by late September, Green Mountain joined a group of companies including OpenTable (NASDAQ: OPEN ) and more recently Netflix (NASDAQ: NFLX ) that have watched their stock price fall from triple digits into double digits this year. Green Mountain shares had slowly declined to the high $60s in recent days, but apparently still had farther to fall — by the end of Thursday's selloff, GMCR was sitting at $40.89. Also Thursday, casino company Melco Crown Entertainment (NASDAQ: MPEL ) reported strong earnings but watched its stock — and the rest of the gaming sector — take a dive. Melco Crown reported a record $113 million in earnings for the third quarter, good for EPS of 21 cents versus analysts' expectations of 16 cents. MPEL fell 12% to $9.60, and dropping with it were Las Vegas Sands (NYSE: LVS , -3.67%, $44.56) and Wynn Resorts (NASDAQ: WYNN , -3.5%, $119.57). Three Up Viacom (NYSE: VIA.B ): Up 8.21% ($3.31) to $43.61. Cabot Oil & Gas (NYSE: COG ): Up 7.73% ($6.21) to $86.55. Cisco (NASDAQ: CSCO ): Up 5.68% ($1) to $18.61. Three Down Take-Two Interactive (NASDAQ: TTWO ): Down 6.73% ($1.04) to $14.41. Delta Air Lines (NYSE: DAL ): Down 4.75% (38 cents) to $7.62. Edwards Lifesciences (NYSE: EW ): Down 3.74% ($2.68) to $69.02. 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 .
The Gold Price "Must Hold" Support Is Now $1,740
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1758.90 Change : (32.00) or -1.8% Silver Price Close Today : 3409.5 Change : (25.3) cents or -0.7% Gold Silver Ratio Today : 51.588 Change : -0.552 or -1.1% Silver Gold Ratio Today : 0.01938 Change : 0.000205 or 1.1% Platinum Price Close Today : 1618.50 Change : -9.90 or -0.6% Palladium Price Close Today : 649.40 Change : 4.40 or 0.7% S&P 500 : 1,239.70 Change : 10.60 or 0.9% Dow In GOLD$ : $139.79 Change : $ 3.81 or 2.8% Dow in GOLD oz : 6.762 Change : 0.184 or 2.8% Dow in SILVER oz : 348.84 Change : 5.85 or 1.7% Dow Industrial : 11,893.86 Change : 112.69 or 1.0% US Dollar Index : 77.60 Change : -0.326 or -0.4% The GOLD PRICE lost $32 by time Comex closed it at $1,758.90 today, but it held on to that $1,750 after a low at $1,736.30. Good, but I reckon it will drop again tomorrow. Course, only a fool would say anything about gold right now, with all the world’s NGM working to keep it down and a world wide financial blow up driving it up. Never mind, after all the smoke clears, the GOLD PRICE will still be headed higher. $1,740 has now become the “must-hold” support. The SILVER PRICE lost only 25.3c today to close Comex at 3409.5. Low came at 3322c, high at 3430c. GOLD SILVER RATIO actually fell today (silver was stronger than gold) to 51.588 from 52.140. The SILVER PRICE has now worked itself into a position where it must hold about 3325, because there stands the 20 dma (3333c) and the rising trend line. Break that and it must fall a stout ways, maybe to 3000c. On the other hand (to sound like an economist) if silver can hold that line, the whole picture changes, and everything begins to look up. Today’s tale is quickly told. Same indecision holds sway in gold, stocks going nowhere (but dramatically), fiat currencies all sick, but the euro is sickest with the yen next. I’ve been thinking about “innovation.” I know that if you make automobiles, you’ve got to change the thing every year or people will stop buying it, no matter that it’s all just a moveable sledge that takes you from one place to another and all that changing merely makes it more expensive and less reliable. Been thinking about “innovation” — better word is “novelty” — because I realize that I spend most of my time sending the same message, albeit in different words. There’s a reason for that: It’s right. When it stops being right, I’ll say something else. Till then, if y’all get bored with my saying pretty much the same thing, well, go listen to CNN or NPR or anybody on Wall Street who is always chasing novelty. To pick your pocket And let me know when they finally get it right. After all, I ain’t nothing but a natural born durn’d fool from Tennessee. US dollar index closed down 32.6 basis points (0.42%) to 77.60 but that don’t mean spit in the wind. Clearly it has broken out through 77.4 resistance and will move higher. Clearly the euro (closed 1.3604, up 0.44%) has a future at vastly lower price, around 120, and just as clearly the Japanese Nice Government Men are fighting like hyenas to keep the yen from appreciating as money tsunamis out of the euro looking for a refuge. Europe continues to dither. Rumors now about breaking the euro up into tiers of countries. Germany is the go-wheel in everything, with most to lose if the euro become the defuncto. After all, the EU and the euro has brought Germany what 300 years of war could not. Beginning to look like a “managed crisis”, although I am certainly not making Germany the Bad Boy in all this. The managers are cosmopolites, louyal to no nation and no interest but their own. Dow rose 112.92 points or 0.96% to 11,893.86 but remains beneath its 200 dma (11,975). S&P rose 10.6 (0.86%) to 1,239.70. Stocks: better’n burning up $1,000 bills with a match! 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.
U.S. Federal Deficit Inclined by $98 Billion in October
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 The Federal Budget deficit rose again last month by a higher pace than in September: according to the last publication of the Monthly Treasury Statement, the U.S government deficit rose in October 2011 by $98.4 billion; this is an increase of $36.9 billion from the $61.546 billion deficit recorded in September 2011; on the other hand, the U.S government deficit during October 2011 was lower than the deficit in October 2010 of $140.432 billion. The deficit in the fiscal year of 2011 was $1,295 billion, which was slightly higher than the deficit recorded during the fiscal year of 2010. During October, which is part of the 2012 fiscal year, there was a sharp decrease in revenues of 32% compared with September 2011, but the outlays also declined on a month to month scale from $301.7 billion in September to $261.5 billion in October – a 13% decrease. Resulting in an increase in the deficit growth rate in October compared with September. At the current rate, the Federal budget’s deficit in fiscal year of 2011 represents nearly 9% of US’s GDP in 2011. Current gold price, short term futures (December 2011 delivery) is traded at $1,763.4 per t oz. a $28.2
"Strong Buy" Rated U.S.-Listed Chinese Stocks (Nov 10, 2011)
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tdp2664 China Analyst Below are the U.S.-listed Chinese stocks with a “Strong Buy” average rating by Wall Street analysts. Each analyst rating is assigned a number ranging from 1 to 5, with 1 being the highest rating (Strong Buy) and 5 being the lowest rating (Strong Sell). Then the average is calculated to represent the overall rating of a stock. RANKING | STOCK | AVERAGE RATING VALUE | AVERAGE RATING 1 HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) 1.33 Strong Buy 2 China Kanghui Holdings (ADR) (NYSE:KH) 1.33 Strong Buy 3 Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) 1.33 Strong Buy 4 Qihoo 360 Technology Co Ltd (NYSE:QIHU) 1.38 Strong Buy 5 Bona Film Group Ltd (ADR) (NASDAQ:BONA) 1.40 Strong Buy 6 ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) 1.40 Strong Buy 7 Jiayuan.com International Ltd (NASDAQ:DATE) 1.40 Strong Buy 8 WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) 1.43 Strong Buy 9 TAL Education Group (ADR) (NYSE:XRS) 1.50 Strong Buy 10 Phoenix New Media Ltd ADR (NYSE:FENG) 1.60 Strong Buy 11 iSoftStone Holdings Ltd (ADR) (NYSE:ISS) 1.60 Strong Buy 12 ShangPharma Corp (ADR) (NYSE:SHP) 1.60 Strong Buy 13 AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) 1.63 Strong Buy 14 VanceInfo Technologies Inc.(ADR) (NYSE:VIT) 1.64 Strong Buy 15 China Real Estate Information Corp (NASDAQ:CRIC) 1.67 Strong Buy 16 Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) 1.67 Strong Buy 17 3SBio Inc. (ADR) (NASDAQ:SSRX) 1.67 Strong Buy 18 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) 1.67 Strong Buy 19 Baidu.com, Inc. (ADR) (NASDAQ:BIDU) 1.71 Strong Buy 20 Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) 1.73 Strong Buy 21 Focus Media Holding Limited (ADR) (NASDAQ:FMCN) 1.75 Strong Buy 22 NetEase.com, Inc. (ADR) (NASDAQ:NTES) 1.79 Strong Buy 23 Noah Holdings Limited (ADR) (NYSE:NOAH) 1.80 Strong Buy
4 Reasons Why You Should Bet on Cisco
Just a few months ago, declining sales, earnings and margins caused many
analysts and investors to lose faith in networking giant Cisco (NASDAQ: CSCO ).
Wednesday's stronger fiscal first-quarter earnings should win back some of
that confidence. Cisco sales rose by nearly 5% in the first quarter to $11.3
billion with most of that gain coming in the month of October. Not counting
restructuring-related costs, the company's earnings totaled $2.3 billion (43
cents per share), down from $2.4 billion (42 cents) for same quarter last year.
Despite the year-over-year slip in profit, CSCO still beat Wall Street earnings
estimates of 39 cents per share on $11 billion in revenue. The company's
second-quarter outlook also was higher than expected, with CSCO forecasting
earnings per share of 42 to 44 cents analysts had estimated an EPS of 42 cents.
Cisco's revenue estimate of $11.1 billion to $11.3 billion is in the same
range as most analysts predicted. Those solid earnings suggest the much-needed
course correction the company made earlier this year is starting to yield
results. When Cisco announced its second-quarter earnings slip nine months ago,
many investors complained that the networking innovator had lost a step and now
was struggling to keep pace with the next generation of Internet growth. The
company apparently got the message and dove at once into an extreme makeover.
Here are four reasons investors should believe in Ciscos comeback: Five
Foundational Principles CEO John Chambers, who started the effort to refocus the
company and save $1 billion, is committed to five foundational principles he
feels are essential to the company's success: Growing its core switching,
routing and services business. Addressing collaboration, where quarterly revenue
grew 12%. Continuing to grow the high-potential data center market. Helping
telecom and other service providers better meet video demand. Focusing on
architectures for business transformation. Unified Computing Focus One of
Cisco's biggest market opportunities is its new converged data center
platform, dubbed Unified Computing System. UCS is designed to make it easier and
quicker for customers to bring up new services and applications in physical
server, virtualized data center or cloud computing environments. Orders for the
system grew by a whopping 122% in the first quarter; revenue was up 116%. Leaner
and Meaner As part of its extreme makeover, Cisco jettisoned 12,900 employees
and shuttered 10 businesses including its $590-million Flip consumer video
camera line, which had turned out to be a flop. It also sold off a manufacturing
plant in Mexico and boosted investment in other mission-critical areas. Those
changes cost the company $772 million in the fourth quarter. Solid Fundamentals
With a market cap of $94.8 billion, CSCO has a price/earnings-to-growth ratio of
1, meaning that the stock is fairly valued. With total debt of $39.8 billion and
total assets of $87 billion, Cisco pays a current dividend yield of about 1%.
The company's exposure to Europe as well as its debt-to-equity ratio of 35
raise an eyebrow, so continue to keep one eye on CSCO's financials and the
other on how the euro zone fiasco plays out. The stock dropped with the rest of
the market on Wednesday by nearly 4%. But at $17.61, the stock still is trading
more than 32% above its 52-week low of $13.30 in August. As of this writing,
Susan J. Aluise did not hold a position in any of the aforementioned stocks.
analysts and investors to lose faith in networking giant Cisco (NASDAQ: CSCO ).
Wednesday's stronger fiscal first-quarter earnings should win back some of
that confidence. Cisco sales rose by nearly 5% in the first quarter to $11.3
billion with most of that gain coming in the month of October. Not counting
restructuring-related costs, the company's earnings totaled $2.3 billion (43
cents per share), down from $2.4 billion (42 cents) for same quarter last year.
Despite the year-over-year slip in profit, CSCO still beat Wall Street earnings
estimates of 39 cents per share on $11 billion in revenue. The company's
second-quarter outlook also was higher than expected, with CSCO forecasting
earnings per share of 42 to 44 cents analysts had estimated an EPS of 42 cents.
Cisco's revenue estimate of $11.1 billion to $11.3 billion is in the same
range as most analysts predicted. Those solid earnings suggest the much-needed
course correction the company made earlier this year is starting to yield
results. When Cisco announced its second-quarter earnings slip nine months ago,
many investors complained that the networking innovator had lost a step and now
was struggling to keep pace with the next generation of Internet growth. The
company apparently got the message and dove at once into an extreme makeover.
Here are four reasons investors should believe in Ciscos comeback: Five
Foundational Principles CEO John Chambers, who started the effort to refocus the
company and save $1 billion, is committed to five foundational principles he
feels are essential to the company's success: Growing its core switching,
routing and services business. Addressing collaboration, where quarterly revenue
grew 12%. Continuing to grow the high-potential data center market. Helping
telecom and other service providers better meet video demand. Focusing on
architectures for business transformation. Unified Computing Focus One of
Cisco's biggest market opportunities is its new converged data center
platform, dubbed Unified Computing System. UCS is designed to make it easier and
quicker for customers to bring up new services and applications in physical
server, virtualized data center or cloud computing environments. Orders for the
system grew by a whopping 122% in the first quarter; revenue was up 116%. Leaner
and Meaner As part of its extreme makeover, Cisco jettisoned 12,900 employees
and shuttered 10 businesses including its $590-million Flip consumer video
camera line, which had turned out to be a flop. It also sold off a manufacturing
plant in Mexico and boosted investment in other mission-critical areas. Those
changes cost the company $772 million in the fourth quarter. Solid Fundamentals
With a market cap of $94.8 billion, CSCO has a price/earnings-to-growth ratio of
1, meaning that the stock is fairly valued. With total debt of $39.8 billion and
total assets of $87 billion, Cisco pays a current dividend yield of about 1%.
The company's exposure to Europe as well as its debt-to-equity ratio of 35
raise an eyebrow, so continue to keep one eye on CSCO's financials and the
other on how the euro zone fiasco plays out. The stock dropped with the rest of
the market on Wednesday by nearly 4%. But at $17.61, the stock still is trading
more than 32% above its 52-week low of $13.30 in August. As of this writing,
Susan J. Aluise did not hold a position in any of the aforementioned stocks.
The Gold Price "Must Hold" Support Is Now $1,740
Gold Price Close Today : 1758.90 Change : (32.00) or -1.8% Silver Price Close
Today : 3409.5 Change : (25.3) cents or -0.7% Gold Silver Ratio Today : 51.588
Change : -0.552 or -1.1% Silver Gold Ratio Today : 0.01938 Change : 0.000205 or
1.1% Platinum Price Close Today : 1618.50 Change : -9.90 or -0.6% Palladium
Price Close Today : 649.40 Change : 4.40 or 0.7% S&P 500 : 1,239.70 Change :
10.60 or 0.9% Dow In GOLD$ : $139.79 Change : $ 3.81 or 2.8% Dow in GOLD oz :
6.762 Change : 0.184 or 2.8% Dow in SILVER oz : 348.84 Change : 5.85 or 1.7% Dow
Industrial : 11,893.86 Change : 112.69 or 1.0% US Dollar Index : 77.60 Change :
-0.326 or -0.4% The GOLD PRICE lost $32 by time Comex closed it at $1,758.90
today, but it held on to that $1,750 after a low at $1,736.30. Good, but I
reckon it will drop again tomorrow. Course, only a fool would say anything about
gold right now, with all the world's NGM working to keep it down and a world
wide financial blow up driving it up. Never mind, after all the smoke clears,
the GOLD PRICE will still be headed higher. $1,740 has now become the
"must-hold" support. The SILVER PRICE lost only 25.3c today to close Comex at
3409.5. Low came at 3322c, high at 3430c. GOLD SILVER RATIO actually fell today
(silver was stronger than gold) to 51.588 from 52.140. The SILVER PRICE has now
worked itself into a position where it must hold about 3325, because there
stands the 20 dma (3333c) and the rising trend line. Break that and it must fall
a stout ways, maybe to 3000c. On the other hand (to sound like an economist) if
silver can hold that line, the whole picture changes, and everything begins to
look up. Today's tale is quickly told. Same indecision holds sway in gold,
stocks going nowhere (but dramatically), fiat currencies all sick, but the euro
is sickest with the yen next. I've been thinking about "innovation." I know that
if you make automobiles, you've got to change the thing every year or people
will stop buying it, no matter that it's all just a moveable sledge that takes
you from one place to another and all that changing merely makes it more
expensive and less reliable. Been thinking about "innovation" -- better word is
"novelty" -- because I realize that I spend most of my time sending the same
message, albeit in different words. There's a reason for that: It's right. When
it stops being right, I'll say something else. Till then, if y'all get bored
with my saying pretty much the same thing, well, go listen to CNN or NPR or
anybody on Wall Street who is always chasing novelty. To pick your pocket And
let me know when they finally get it right. After all, I ain't nothing but a
natural born durn'd fool from Tennessee. US dollar index closed down 32.6 basis
points (0.42%) to 77.60 but that don't mean spit in the wind. Clearly it has
broken out through 77.4 resistance and will move higher. Clearly the euro
(closed 1.3604, up 0.44%) has a future at vastly lower price, around 120, and
just as clearly the Japanese Nice Government Men are fighting like hyenas to
keep the yen from appreciating as money tsunamis out of the euro looking for a
refuge. Europe continues to dither. Rumors now about breaking the euro up into
tiers of countries. Germany is the go-wheel in everything, with most to lose if
the euro become the defuncto. After all, the EU and the euro has brought Germany
what 300 years of war could not. Beginning to look like a "managed crisis",
although I am certainly not making Germany the Bad Boy in all this. The managers
are cosmopolites, louyal to no nation and no interest but their own. Dow rose
112.92 points or 0.96% to 11,893.86 but remains beneath its 200 dma (11,975).
S&P rose 10.6 (0.86%) to 1,239.70. Stocks: better'n burning up $1,000 bills with
a match! 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$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 3409.5 Change : (25.3) cents or -0.7% Gold Silver Ratio Today : 51.588
Change : -0.552 or -1.1% Silver Gold Ratio Today : 0.01938 Change : 0.000205 or
1.1% Platinum Price Close Today : 1618.50 Change : -9.90 or -0.6% Palladium
Price Close Today : 649.40 Change : 4.40 or 0.7% S&P 500 : 1,239.70 Change :
10.60 or 0.9% Dow In GOLD$ : $139.79 Change : $ 3.81 or 2.8% Dow in GOLD oz :
6.762 Change : 0.184 or 2.8% Dow in SILVER oz : 348.84 Change : 5.85 or 1.7% Dow
Industrial : 11,893.86 Change : 112.69 or 1.0% US Dollar Index : 77.60 Change :
-0.326 or -0.4% The GOLD PRICE lost $32 by time Comex closed it at $1,758.90
today, but it held on to that $1,750 after a low at $1,736.30. Good, but I
reckon it will drop again tomorrow. Course, only a fool would say anything about
gold right now, with all the world's NGM working to keep it down and a world
wide financial blow up driving it up. Never mind, after all the smoke clears,
the GOLD PRICE will still be headed higher. $1,740 has now become the
"must-hold" support. The SILVER PRICE lost only 25.3c today to close Comex at
3409.5. Low came at 3322c, high at 3430c. GOLD SILVER RATIO actually fell today
(silver was stronger than gold) to 51.588 from 52.140. The SILVER PRICE has now
worked itself into a position where it must hold about 3325, because there
stands the 20 dma (3333c) and the rising trend line. Break that and it must fall
a stout ways, maybe to 3000c. On the other hand (to sound like an economist) if
silver can hold that line, the whole picture changes, and everything begins to
look up. Today's tale is quickly told. Same indecision holds sway in gold,
stocks going nowhere (but dramatically), fiat currencies all sick, but the euro
is sickest with the yen next. I've been thinking about "innovation." I know that
if you make automobiles, you've got to change the thing every year or people
will stop buying it, no matter that it's all just a moveable sledge that takes
you from one place to another and all that changing merely makes it more
expensive and less reliable. Been thinking about "innovation" -- better word is
"novelty" -- because I realize that I spend most of my time sending the same
message, albeit in different words. There's a reason for that: It's right. When
it stops being right, I'll say something else. Till then, if y'all get bored
with my saying pretty much the same thing, well, go listen to CNN or NPR or
anybody on Wall Street who is always chasing novelty. To pick your pocket And
let me know when they finally get it right. After all, I ain't nothing but a
natural born durn'd fool from Tennessee. US dollar index closed down 32.6 basis
points (0.42%) to 77.60 but that don't mean spit in the wind. Clearly it has
broken out through 77.4 resistance and will move higher. Clearly the euro
(closed 1.3604, up 0.44%) has a future at vastly lower price, around 120, and
just as clearly the Japanese Nice Government Men are fighting like hyenas to
keep the yen from appreciating as money tsunamis out of the euro looking for a
refuge. Europe continues to dither. Rumors now about breaking the euro up into
tiers of countries. Germany is the go-wheel in everything, with most to lose if
the euro become the defuncto. After all, the EU and the euro has brought Germany
what 300 years of war could not. Beginning to look like a "managed crisis",
although I am certainly not making Germany the Bad Boy in all this. The managers
are cosmopolites, louyal to no nation and no interest but their own. Dow rose
112.92 points or 0.96% to 11,893.86 but remains beneath its 200 dma (11,975).
S&P rose 10.6 (0.86%) to 1,239.70. Stocks: better'n burning up $1,000 bills with
a match! 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.
Apple Inc. Boss (NASDAQ:AAPL) Gets Country Award
Apple Inc. (NASDAQ:AAPL) co-founder Steve Wozniak has been recognized by the
Republic of Armenia. Apple Inc. Boss (NASDAQ:AAPL) Gets Country Award In
recognition of his outstanding contribution to humanity, Apple Inc.
(NASDAQ:AAPL) co-founder Steve Wozniak will receive the Global Award of the
President of the Republic of Armenia for Outstanding Contribution to Humanity
through IT 2011. Apple Inc. (NASDAQ:AAPL) was created by Steve Jobs and Stephen
Wozniak on April 1, 1976. On top of this, he will also meet Government
officials, IT business community representatives, leading university management
teams, students, professors and scientists during his visit to Armenia to
receive the award. Apple Inc. (NASDAQ:AAPL) company shares are currently
standing at 395.28. Price History Last Price: 395.28 52 Week Low / High: 297.76
/ 426.7 50 Day Moving Average: 395.24 6 Month Price Change %: 16.3% 12 Month
Price Change %: 27.5%
Republic of Armenia. Apple Inc. Boss (NASDAQ:AAPL) Gets Country Award In
recognition of his outstanding contribution to humanity, Apple Inc.
(NASDAQ:AAPL) co-founder Steve Wozniak will receive the Global Award of the
President of the Republic of Armenia for Outstanding Contribution to Humanity
through IT 2011. Apple Inc. (NASDAQ:AAPL) was created by Steve Jobs and Stephen
Wozniak on April 1, 1976. On top of this, he will also meet Government
officials, IT business community representatives, leading university management
teams, students, professors and scientists during his visit to Armenia to
receive the award. Apple Inc. (NASDAQ:AAPL) company shares are currently
standing at 395.28. Price History Last Price: 395.28 52 Week Low / High: 297.76
/ 426.7 50 Day Moving Average: 395.24 6 Month Price Change %: 16.3% 12 Month
Price Change %: 27.5%
Green Mountain Tanks — Thursday’s IP Market Recap
Green Mountain Coffee Roasters ' (NASDAQ: GMCR ) feel-good story of the year
already was hanging on a shaky precipice after a rocky October. Thursday's
earnings report was the long-awaited shove. The Vermont-based purveyor of the
Keurig single-serving K-Cups watched its stock free-fall 40% Thursday on a
relatively strong earnings report that barely missed Wall Street expectations.
Green Mountain reported revenue growth of 91% to $711.9 million and earnings per
share of 47 cents for the fourth quarter. But those figures lagged Wall Street
expectations of $760 million and 48 cents per share, respectively. The figures
were far from the norm for GMCR, marking the company's first sales miss in two
years. Further exacerbating the stock's descent were short sellers encouraged
by hedge fund manager David Einhorn's October recommendation against Green
Mountain because of accounting irregularities that prompted an SEC
investigation. As of Oct. 31, the short interest on GMCR was 16%. However, Green
Mountain CEO Lawrence Blanford did not attribute the sales miss to accounting
issues in the report , instead saying, a number of factors including changes in
wholesale customer ordering patterns in our grocery and club channels despite
steady consumer point-of-sale demand in those channels. As recently as
mid-September, Green Mountain was one of the year's best financial stories.
Shares of GMCR quadrupled in value since January, reaching a high of $111, and
Green Mountain had made partnerships with Starbucks (NASDAQ: SBUX ) and
Dunkin' Brands (NASDAQ: DNKN ) to make those companies' coffees available in
its popular K-Cups. However, by late September, Green Mountain joined a group of
companies including OpenTable (NASDAQ: OPEN ) and more recently Netflix (NASDAQ:
NFLX ) that have watched their stock price fall from triple digits into double
digits this year. Green Mountain shares had slowly declined to the high $60s in
recent days, but apparently still had farther to fall by the end of
Thursday's selloff, GMCR was sitting at $40.89. Also Thursday, casino company
Melco Crown Entertainment (NASDAQ: MPEL ) reported strong earnings but watched
its stock and the rest of the gaming sector take a dive. Melco Crown reported
a record $113 million in earnings for the third quarter, good for EPS of 21
cents versus analysts' expectations of 16 cents. MPEL fell 12% to $9.60, and
dropping with it were Las Vegas Sands (NYSE: LVS , -3.67%, $44.56) and Wynn
Resorts (NASDAQ: WYNN , -3.5%, $119.57). Three Up Viacom (NYSE: VIA.B ): Up
8.21% ($3.31) to $43.61. Cabot Oil & Gas (NYSE: COG ): Up 7.73% ($6.21) to
$86.55. Cisco (NASDAQ: CSCO ): Up 5.68% ($1) to $18.61. Three Down Take-Two
Interactive (NASDAQ: TTWO ): Down 6.73% ($1.04) to $14.41. Delta Air Lines
(NYSE: DAL ): Down 4.75% (38 cents) to $7.62. Edwards Lifesciences (NYSE: EW ):
Down 3.74% ($2.68) to $69.02. 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 .
already was hanging on a shaky precipice after a rocky October. Thursday's
earnings report was the long-awaited shove. The Vermont-based purveyor of the
Keurig single-serving K-Cups watched its stock free-fall 40% Thursday on a
relatively strong earnings report that barely missed Wall Street expectations.
Green Mountain reported revenue growth of 91% to $711.9 million and earnings per
share of 47 cents for the fourth quarter. But those figures lagged Wall Street
expectations of $760 million and 48 cents per share, respectively. The figures
were far from the norm for GMCR, marking the company's first sales miss in two
years. Further exacerbating the stock's descent were short sellers encouraged
by hedge fund manager David Einhorn's October recommendation against Green
Mountain because of accounting irregularities that prompted an SEC
investigation. As of Oct. 31, the short interest on GMCR was 16%. However, Green
Mountain CEO Lawrence Blanford did not attribute the sales miss to accounting
issues in the report , instead saying, a number of factors including changes in
wholesale customer ordering patterns in our grocery and club channels despite
steady consumer point-of-sale demand in those channels. As recently as
mid-September, Green Mountain was one of the year's best financial stories.
Shares of GMCR quadrupled in value since January, reaching a high of $111, and
Green Mountain had made partnerships with Starbucks (NASDAQ: SBUX ) and
Dunkin' Brands (NASDAQ: DNKN ) to make those companies' coffees available in
its popular K-Cups. However, by late September, Green Mountain joined a group of
companies including OpenTable (NASDAQ: OPEN ) and more recently Netflix (NASDAQ:
NFLX ) that have watched their stock price fall from triple digits into double
digits this year. Green Mountain shares had slowly declined to the high $60s in
recent days, but apparently still had farther to fall by the end of
Thursday's selloff, GMCR was sitting at $40.89. Also Thursday, casino company
Melco Crown Entertainment (NASDAQ: MPEL ) reported strong earnings but watched
its stock and the rest of the gaming sector take a dive. Melco Crown reported
a record $113 million in earnings for the third quarter, good for EPS of 21
cents versus analysts' expectations of 16 cents. MPEL fell 12% to $9.60, and
dropping with it were Las Vegas Sands (NYSE: LVS , -3.67%, $44.56) and Wynn
Resorts (NASDAQ: WYNN , -3.5%, $119.57). Three Up Viacom (NYSE: VIA.B ): Up
8.21% ($3.31) to $43.61. Cabot Oil & Gas (NYSE: COG ): Up 7.73% ($6.21) to
$86.55. Cisco (NASDAQ: CSCO ): Up 5.68% ($1) to $18.61. Three Down Take-Two
Interactive (NASDAQ: TTWO ): Down 6.73% ($1.04) to $14.41. Delta Air Lines
(NYSE: DAL ): Down 4.75% (38 cents) to $7.62. Edwards Lifesciences (NYSE: EW ):
Down 3.74% ($2.68) to $69.02. 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 .
Thursday Apple Rumors — iPhone 4S Biting Into T-Mobile
Here are your Apple rumors and AAPL stock news items for Thursday: T-Mobile
Stung by iPhone 4S Sales: Philipp Humm, CEO of T-Mobile USA, spent a little time
talking Apple (NASDAQ: AAPL ) during his companys quarterly earnings report
Thursday. The fourth-place telecom lost 186,000 contract customers during this
past quarter churn that Humm said was only going to continue during the fourth
quarter of the year because of the iPhone 4S. T-Mobile is the only one of the
top U.S. telecoms that doesnt offer the iPhone. In the past, T-Mobile has
claimed that it has 1 million iPhone users on its network. These users buy
unlocked phones directly from Apple, then activate them with T-Mobile. Apple is
set to start selling an unlocked iPhone 4S in November , so at least T-Mobile
can expect a few iPhone 4S users on its network in the near future. Intel
Ultrabook Flounders Against MacBook Air: Intel (NASDAQ: INTC ) was banking on
its streamlined Ultrabook design to win back some of the laptop PC market that
Apple has gobbled up in the past year thanks to the popularity of the MacBook
Air . No such luck at least according to a Thursday report at Digitimes (via
Apple Insider ). Manufacturers Acer and Asustek, two of the top five PC makers,
were expected to order between 250,000 and 300,000 Ultrabooks by the end of the
year, but because of poor sales, those orders are now expected to be cut by
100,000 to 120,000. Demand isnt expected to pick up until Microsoft (NASDAQ:
MSFT ) releases its Windows 8 operation system in the fall of 2012. Steve Jobs
Nominated to be Time s Person of the Year: Steve Jobs might be the first person
to be posthumously awarded Time magazines Person of the Year award. News anchor
Brian Williams nominated the former CEO and technologist in a speech on
Wednesday, highlighting Jobs influence on modern life as deserving of the award.
Facebook creator and CEO Mark Zuckerberg was given the award in 2010. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
Stung by iPhone 4S Sales: Philipp Humm, CEO of T-Mobile USA, spent a little time
talking Apple (NASDAQ: AAPL ) during his companys quarterly earnings report
Thursday. The fourth-place telecom lost 186,000 contract customers during this
past quarter churn that Humm said was only going to continue during the fourth
quarter of the year because of the iPhone 4S. T-Mobile is the only one of the
top U.S. telecoms that doesnt offer the iPhone. In the past, T-Mobile has
claimed that it has 1 million iPhone users on its network. These users buy
unlocked phones directly from Apple, then activate them with T-Mobile. Apple is
set to start selling an unlocked iPhone 4S in November , so at least T-Mobile
can expect a few iPhone 4S users on its network in the near future. Intel
Ultrabook Flounders Against MacBook Air: Intel (NASDAQ: INTC ) was banking on
its streamlined Ultrabook design to win back some of the laptop PC market that
Apple has gobbled up in the past year thanks to the popularity of the MacBook
Air . No such luck at least according to a Thursday report at Digitimes (via
Apple Insider ). Manufacturers Acer and Asustek, two of the top five PC makers,
were expected to order between 250,000 and 300,000 Ultrabooks by the end of the
year, but because of poor sales, those orders are now expected to be cut by
100,000 to 120,000. Demand isnt expected to pick up until Microsoft (NASDAQ:
MSFT ) releases its Windows 8 operation system in the fall of 2012. Steve Jobs
Nominated to be Time s Person of the Year: Steve Jobs might be the first person
to be posthumously awarded Time magazines Person of the Year award. News anchor
Brian Williams nominated the former CEO and technologist in a speech on
Wednesday, highlighting Jobs influence on modern life as deserving of the award.
Facebook creator and CEO Mark Zuckerberg was given the award in 2010. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
"Strong Buy" Rated U.S.-Listed Chinese Stocks (Nov 10, 2011)
Below are the U.S.-listed Chinese stocks with a "Strong Buy" average rating by
Wall Street analysts. Each analyst rating is assigned a number ranging from 1 to
5, with 1 being the highest rating (Strong Buy) and 5 being the lowest rating
(Strong Sell). Then the average is calculated to represent the overall rating of
a stock. RANKING | STOCK | AVERAGE RATING VALUE | AVERAGE RATING 1 HiSoft
Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) 1.33 Strong Buy 2 China Kanghui
Holdings (ADR) (NYSE:KH) 1.33 Strong Buy 3 Spreadtrum Communications, Inc (ADR)
(NASDAQ:SPRD) 1.33 Strong Buy 4 Qihoo 360 Technology Co Ltd (NYSE:QIHU) 1.38
Strong Buy 5 Bona Film Group Ltd (ADR) (NASDAQ:BONA) 1.40 Strong Buy 6
ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) 1.40 Strong Buy 7
Jiayuan.com International Ltd (NASDAQ:DATE) 1.40 Strong Buy 8 WuXi PharmaTech
(Cayman) Inc. (ADR) (NYSE:WX) 1.43 Strong Buy 9 TAL Education Group (ADR)
(NYSE:XRS) 1.50 Strong Buy 10 Phoenix New Media Ltd ADR (NYSE:FENG) 1.60 Strong
Buy 11 iSoftStone Holdings Ltd (ADR) (NYSE:ISS) 1.60 Strong Buy 12 ShangPharma
Corp (ADR) (NYSE:SHP) 1.60 Strong Buy 13 AutoNavi Holdings Ltd (ADR)
(NASDAQ:AMAP) 1.63 Strong Buy 14 VanceInfo Technologies Inc.(ADR) (NYSE:VIT)
1.64 Strong Buy 15 China Real Estate Information Corp (NASDAQ:CRIC) 1.67 Strong
Buy 16 Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) 1.67 Strong Buy 17
3SBio Inc. (ADR) (NASDAQ:SSRX) 1.67 Strong Buy 18 7 DAYS GROUP HOLDINGS
LIMITED(ADR) (NYSE:SVN) 1.67 Strong Buy 19 Baidu.com, Inc. (ADR) (NASDAQ:BIDU)
1.71 Strong Buy 20 Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) 1.73 Strong
Buy 21 Focus Media Holding Limited (ADR) (NASDAQ:FMCN) 1.75 Strong Buy 22
NetEase.com, Inc. (ADR) (NASDAQ:NTES) 1.79 Strong Buy 23 Noah Holdings Limited
(ADR) (NYSE:NOAH) 1.80 Strong Buy
Wall Street analysts. Each analyst rating is assigned a number ranging from 1 to
5, with 1 being the highest rating (Strong Buy) and 5 being the lowest rating
(Strong Sell). Then the average is calculated to represent the overall rating of
a stock. RANKING | STOCK | AVERAGE RATING VALUE | AVERAGE RATING 1 HiSoft
Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) 1.33 Strong Buy 2 China Kanghui
Holdings (ADR) (NYSE:KH) 1.33 Strong Buy 3 Spreadtrum Communications, Inc (ADR)
(NASDAQ:SPRD) 1.33 Strong Buy 4 Qihoo 360 Technology Co Ltd (NYSE:QIHU) 1.38
Strong Buy 5 Bona Film Group Ltd (ADR) (NASDAQ:BONA) 1.40 Strong Buy 6
ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) 1.40 Strong Buy 7
Jiayuan.com International Ltd (NASDAQ:DATE) 1.40 Strong Buy 8 WuXi PharmaTech
(Cayman) Inc. (ADR) (NYSE:WX) 1.43 Strong Buy 9 TAL Education Group (ADR)
(NYSE:XRS) 1.50 Strong Buy 10 Phoenix New Media Ltd ADR (NYSE:FENG) 1.60 Strong
Buy 11 iSoftStone Holdings Ltd (ADR) (NYSE:ISS) 1.60 Strong Buy 12 ShangPharma
Corp (ADR) (NYSE:SHP) 1.60 Strong Buy 13 AutoNavi Holdings Ltd (ADR)
(NASDAQ:AMAP) 1.63 Strong Buy 14 VanceInfo Technologies Inc.(ADR) (NYSE:VIT)
1.64 Strong Buy 15 China Real Estate Information Corp (NASDAQ:CRIC) 1.67 Strong
Buy 16 Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) 1.67 Strong Buy 17
3SBio Inc. (ADR) (NASDAQ:SSRX) 1.67 Strong Buy 18 7 DAYS GROUP HOLDINGS
LIMITED(ADR) (NYSE:SVN) 1.67 Strong Buy 19 Baidu.com, Inc. (ADR) (NASDAQ:BIDU)
1.71 Strong Buy 20 Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) 1.73 Strong
Buy 21 Focus Media Holding Limited (ADR) (NASDAQ:FMCN) 1.75 Strong Buy 22
NetEase.com, Inc. (ADR) (NASDAQ:NTES) 1.79 Strong Buy 23 Noah Holdings Limited
(ADR) (NYSE:NOAH) 1.80 Strong Buy
U.S. Federal Deficit Inclined by $98 Billion in October
The Federal Budget deficit rose again last month by a higher pace than in
September: according to the last publication of the Monthly Treasury Statement,
the U.S government deficit rose in October 2011 by $98.4 billion; this is an
increase of $36.9 billion from the $61.546 billion deficit recorded in September
2011; on the other hand, the U.S government deficit during October 2011 was
lower than the deficit in October 2010 of $140.432 billion. The deficit in the
fiscal year of 2011 was $1,295 billion, which was slightly higher than the
deficit recorded during the fiscal year of 2010. During October, which is part
of the 2012 fiscal year, there was a sharp decrease in revenues of 32% compared
with September 2011, but the outlays also declined on a month to month scale
from $301.7 billion in September to $261.5 billion in October – a 13%
decrease. Resulting in an increase in the deficit growth rate in October
compared with September. At the current rate, the Federal budgets deficit in
fiscal year of 2011 represents nearly 9% of USs GDP in 2011. Current gold price,
short term futures (December 2011 delivery) is traded at $1,763.4 per t oz. a
$28.2
September: according to the last publication of the Monthly Treasury Statement,
the U.S government deficit rose in October 2011 by $98.4 billion; this is an
increase of $36.9 billion from the $61.546 billion deficit recorded in September
2011; on the other hand, the U.S government deficit during October 2011 was
lower than the deficit in October 2010 of $140.432 billion. The deficit in the
fiscal year of 2011 was $1,295 billion, which was slightly higher than the
deficit recorded during the fiscal year of 2010. During October, which is part
of the 2012 fiscal year, there was a sharp decrease in revenues of 32% compared
with September 2011, but the outlays also declined on a month to month scale
from $301.7 billion in September to $261.5 billion in October – a 13%
decrease. Resulting in an increase in the deficit growth rate in October
compared with September. At the current rate, the Federal budgets deficit in
fiscal year of 2011 represents nearly 9% of USs GDP in 2011. Current gold price,
short term futures (December 2011 delivery) is traded at $1,763.4 per t oz. a
$28.2
The Silver and Gold Price Remain in a Bull Market, and Will Until Some Monetary Crisis Finally Brings Down The Fiat Money & Banking System
Gold Price Close Today : 1,635.10 Gold Price Close 14-Oct : 1,681.80 Change :
-46.70 or -2.8% Silver Price Close Today : 3117.3 Silver Price Close 14-Oct :
3214 Change : -96.70 or -3.0% Gold Silver Ratio Today : 52.452 Gold Silver Ratio
14-Oct : 52.327 Change : 0.13 or 0.2% Silver Gold Ratio : 0.01906 Silver Gold
Ratio 14-Oct : 0.01911 Change : -0.00005 or -0.2% Dow in Gold Dollars : $ 149.29
Dow in Gold Dollars 14-Oct : $ 143.13 Change : $ 6.17 or 4.3% Dow in Gold Ounces
: 7.222 Dow in Gold Ounces 14-Oct : 6.924 Change : 0.30 or 4.3% Dow in Silver
Ounces : 378.81 Dow in Silver Ounces 14-Oct : 362.31 Change : 16.51 or 4.6% Dow
Industrial : 11,808.79 Dow Industrial 14-Oct : 11,644.49 Change : 164.30 or 1.4%
S&P 500 : 1,238.25 S&P 500 14-Oct : 1,224.58 Change : 13.67 or 1.1% US Dollar
Index : 76.291 US Dollar Index 14-Oct : 76.607 Change : -0.316 or -0.4% Platinum
Price Close Today : 1,516.00 Platinum Price Close 14-Oct : 1,555.00 Change :
-39.00 or -2.5% Palladium Price Close Today : 617.00 Palladium Price Close
14-Oct : 626.00 Change : -9.00 or -1.4% The GOLD PRICE yesterday rose late in
the aftermarket to about $1,622. Time the US market opened today it was already
at $1,635, and reached $1,648. Rest of the day $1,635 served as a floor. Comex
closed at $1,635.10, up $23.20 (1.4%). Aftermarket is trading $1,640.95. Looks
like the GOLD PRICE has turned up for next week, maybe longer. Whether 'twill
last is another question. On Comex the SILVER PRICE rose 3% (90.7c) to 3117.3c,
and advanced all day. Like GOLD , SILVER has made a short of upside down head
and shoulder -- maybe. If it is, it points to a rise to 3450c or so, but all
this hasn't completely unfolded yet. The SILVER PRICE couldn't penetrate 3150c
(there fell today's high), and if this excitement is anything more than a Friday
drunk, it must clear that Monday and keep on marching. Expect higher silver
prices this week. SILVER and GOLD remain in a bull market, and will until some
monetary crisis finally brings down the fiat money and banking system. Don't
listen to anybody who says otherwise, because they don't know 'Sic 'em!" from
"Come here!" Strange week, mostly held in suspension by Eurocrats' indecision
about their bank solvency crisis. Oddly -- or maybe, not so oddly, all things
considered in this world of confusion and illusion -- stock investors today
appeared to believe that something will come out of this weekend's Euro-summit,
although they are going into it with no plan and planning only to meet again
soon to plan a plan. Don't sound like a plan to me, but I'm only a natural born
fool from Tennessee, not a high-flying Eurocrat like Sarcophagus or Ferkel. For
the week, metals all lost ground while stocks gained - barely. Stocks gained
enough today to close in positive territory for the year (31 Dec 2010 closed
11,573. Once that happened, the buying panic spread like a bar fight and for the
Dow gobbled up 267.01 points (up 2.31%) to close 11,808.79. S&P500 lagged not
far behind, up 1.88% (22.86) to 1,238.25. So the Dow cleared that 11,650 hurdle
that had been stymying its progress. Dow will now most likely touch its 200 day
moving average (DMA) (now 11,965). It could rally all the way to 12,300 WITHOUT
changing the doom hanging over its head, only altering it from a jaws of death
broadening top to a diamond top. Mercy, the Dow may rally into the end of the
year, but that is no reason to buy it. Rather, that's a last chance to sell for
those poor victims who still own stocks. Did I mention that it's ridiculous to
look at the European bank solvency crisis and conclude the Eurocrats will cure
it this weekend? It's ridiculous. STOCKS -- they are they Tyrannosaurus Rex of
Investment Predators. US DOLLAR INDEX was cold-cocked and fell below 77, down
68.3 basis points or 0.88%. That fractured the 76.60 support, and opens the road
for the dollar index to visit its 200 DMA, now 75.87. Long as the dollar does
not dramatically rupture that line, it will remain in rally mode. Euro today
closed 1.3896, up 0.87%. Euro still hasn't broken up through resistance at that
lower boundary line of the channel it was defenestrated out of in September.
Today closed right on the 50 DMA 1.3889. Will rise higher. Somebody goosed the
Yen sure enough today. It's 131.88 high was a new all time high, but it closed
at 131.05c/Y100 (Y76.30/$1), plumb at the top of its trading channel. Yen wants
to climb, but can't imagine the Nice Japanese Government Men letting it, since a
higher yen would wound their exports so badly. Without exports, Japan is pretty
much 280 million people looking for a job and waiting to starve. Get ready for a
180 degree turn on gold, at least in the short-term. I looked at the chart this
morning and LO! There's a large left shoulder (Tuesday), a head (Thursday), and
the beginning of a shoulder above $1,635. It measures out a 50 point rise from
$1,665, to $1,715, if I have identified it correctly. After that rise I expect
more downside, but if gold can pierce $1,800 and hold its ground, then the tide
has turned. Now I know y'all mean well sending me those news articles about the
TSA setting up roadblocks in Tennessee to search people in cars and in bus
stations, but let me tell y'all something, and y'all write this down in your
book. Until SOMEBODY says "NO!" they will keep on doing this stuff, and so far,
none of y'all will say no. You'll let 'em search your car without a warrant
because you want to finish your trip on time or your kids are with you or your
wife has supper on the stove at home. Until y'all plant your feet square on the
ground, get out of your car and lock it and refuse to have it searched for lack
of due cause, and go to jail for a day or a week or a month and risk them
beating you up if you have to because that's the only way you can enforce your
rights, the TSA and the government will continue to ignore and steal your
ancient rights, rights older than Magna Carta. Ask any lawyer: without a
Belligerent Claimant in Person, no rights exist. You have no rights you are not
willing to enforce YOURself. No such thing as a Milquetoast Claimant In Person,
begging government agents to please act nice and observe his rights. Hell will
freeze over with ice six inches thick and icicles before that happens. Did the
British leave the colonies because the Americans asked 'em real nice? Somebody
has to say "NO!" Till you're ready to do that, might as well get used to wearing
that steel collar round your neck and pulling out your papers fast and
respectful-like. On 21 October 1922 Benito Mussolini took control of the Italian
government and installed fascism in Italy. Why? Because not enough people said
"NO!" One hundred one years ago today, 21 October 1910, my father was born in
Michie, Tennessee. He never met a stranger. Y'all enjoy your weekend! 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.
-46.70 or -2.8% Silver Price Close Today : 3117.3 Silver Price Close 14-Oct :
3214 Change : -96.70 or -3.0% Gold Silver Ratio Today : 52.452 Gold Silver Ratio
14-Oct : 52.327 Change : 0.13 or 0.2% Silver Gold Ratio : 0.01906 Silver Gold
Ratio 14-Oct : 0.01911 Change : -0.00005 or -0.2% Dow in Gold Dollars : $ 149.29
Dow in Gold Dollars 14-Oct : $ 143.13 Change : $ 6.17 or 4.3% Dow in Gold Ounces
: 7.222 Dow in Gold Ounces 14-Oct : 6.924 Change : 0.30 or 4.3% Dow in Silver
Ounces : 378.81 Dow in Silver Ounces 14-Oct : 362.31 Change : 16.51 or 4.6% Dow
Industrial : 11,808.79 Dow Industrial 14-Oct : 11,644.49 Change : 164.30 or 1.4%
S&P 500 : 1,238.25 S&P 500 14-Oct : 1,224.58 Change : 13.67 or 1.1% US Dollar
Index : 76.291 US Dollar Index 14-Oct : 76.607 Change : -0.316 or -0.4% Platinum
Price Close Today : 1,516.00 Platinum Price Close 14-Oct : 1,555.00 Change :
-39.00 or -2.5% Palladium Price Close Today : 617.00 Palladium Price Close
14-Oct : 626.00 Change : -9.00 or -1.4% The GOLD PRICE yesterday rose late in
the aftermarket to about $1,622. Time the US market opened today it was already
at $1,635, and reached $1,648. Rest of the day $1,635 served as a floor. Comex
closed at $1,635.10, up $23.20 (1.4%). Aftermarket is trading $1,640.95. Looks
like the GOLD PRICE has turned up for next week, maybe longer. Whether 'twill
last is another question. On Comex the SILVER PRICE rose 3% (90.7c) to 3117.3c,
and advanced all day. Like GOLD , SILVER has made a short of upside down head
and shoulder -- maybe. If it is, it points to a rise to 3450c or so, but all
this hasn't completely unfolded yet. The SILVER PRICE couldn't penetrate 3150c
(there fell today's high), and if this excitement is anything more than a Friday
drunk, it must clear that Monday and keep on marching. Expect higher silver
prices this week. SILVER and GOLD remain in a bull market, and will until some
monetary crisis finally brings down the fiat money and banking system. Don't
listen to anybody who says otherwise, because they don't know 'Sic 'em!" from
"Come here!" Strange week, mostly held in suspension by Eurocrats' indecision
about their bank solvency crisis. Oddly -- or maybe, not so oddly, all things
considered in this world of confusion and illusion -- stock investors today
appeared to believe that something will come out of this weekend's Euro-summit,
although they are going into it with no plan and planning only to meet again
soon to plan a plan. Don't sound like a plan to me, but I'm only a natural born
fool from Tennessee, not a high-flying Eurocrat like Sarcophagus or Ferkel. For
the week, metals all lost ground while stocks gained - barely. Stocks gained
enough today to close in positive territory for the year (31 Dec 2010 closed
11,573. Once that happened, the buying panic spread like a bar fight and for the
Dow gobbled up 267.01 points (up 2.31%) to close 11,808.79. S&P500 lagged not
far behind, up 1.88% (22.86) to 1,238.25. So the Dow cleared that 11,650 hurdle
that had been stymying its progress. Dow will now most likely touch its 200 day
moving average (DMA) (now 11,965). It could rally all the way to 12,300 WITHOUT
changing the doom hanging over its head, only altering it from a jaws of death
broadening top to a diamond top. Mercy, the Dow may rally into the end of the
year, but that is no reason to buy it. Rather, that's a last chance to sell for
those poor victims who still own stocks. Did I mention that it's ridiculous to
look at the European bank solvency crisis and conclude the Eurocrats will cure
it this weekend? It's ridiculous. STOCKS -- they are they Tyrannosaurus Rex of
Investment Predators. US DOLLAR INDEX was cold-cocked and fell below 77, down
68.3 basis points or 0.88%. That fractured the 76.60 support, and opens the road
for the dollar index to visit its 200 DMA, now 75.87. Long as the dollar does
not dramatically rupture that line, it will remain in rally mode. Euro today
closed 1.3896, up 0.87%. Euro still hasn't broken up through resistance at that
lower boundary line of the channel it was defenestrated out of in September.
Today closed right on the 50 DMA 1.3889. Will rise higher. Somebody goosed the
Yen sure enough today. It's 131.88 high was a new all time high, but it closed
at 131.05c/Y100 (Y76.30/$1), plumb at the top of its trading channel. Yen wants
to climb, but can't imagine the Nice Japanese Government Men letting it, since a
higher yen would wound their exports so badly. Without exports, Japan is pretty
much 280 million people looking for a job and waiting to starve. Get ready for a
180 degree turn on gold, at least in the short-term. I looked at the chart this
morning and LO! There's a large left shoulder (Tuesday), a head (Thursday), and
the beginning of a shoulder above $1,635. It measures out a 50 point rise from
$1,665, to $1,715, if I have identified it correctly. After that rise I expect
more downside, but if gold can pierce $1,800 and hold its ground, then the tide
has turned. Now I know y'all mean well sending me those news articles about the
TSA setting up roadblocks in Tennessee to search people in cars and in bus
stations, but let me tell y'all something, and y'all write this down in your
book. Until SOMEBODY says "NO!" they will keep on doing this stuff, and so far,
none of y'all will say no. You'll let 'em search your car without a warrant
because you want to finish your trip on time or your kids are with you or your
wife has supper on the stove at home. Until y'all plant your feet square on the
ground, get out of your car and lock it and refuse to have it searched for lack
of due cause, and go to jail for a day or a week or a month and risk them
beating you up if you have to because that's the only way you can enforce your
rights, the TSA and the government will continue to ignore and steal your
ancient rights, rights older than Magna Carta. Ask any lawyer: without a
Belligerent Claimant in Person, no rights exist. You have no rights you are not
willing to enforce YOURself. No such thing as a Milquetoast Claimant In Person,
begging government agents to please act nice and observe his rights. Hell will
freeze over with ice six inches thick and icicles before that happens. Did the
British leave the colonies because the Americans asked 'em real nice? Somebody
has to say "NO!" Till you're ready to do that, might as well get used to wearing
that steel collar round your neck and pulling out your papers fast and
respectful-like. On 21 October 1922 Benito Mussolini took control of the Italian
government and installed fascism in Italy. Why? Because not enough people said
"NO!" One hundred one years ago today, 21 October 1910, my father was born in
Michie, Tennessee. He never met a stranger. Y'all enjoy your weekend! 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.
Top 10 Most Profitable U.S.-Listed Chinese Stocks: GA, CYOU, BIDU, NTES, KH, NOAH, CTRP, PWRD, AMAP, SFUN (Nov 10, 2011)
Below are the top 10 most profitable U.S.-listed Chinese stocks for the last 12
months. Giant Interactive Group Inc (ADR) (NYSE:GA) is the 1st most profitable
stock in this segment of the market. Its net profit margin was 52.23% for the
last 12 months. Its operating profit margin was 55.76% for the same period.
Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 2nd 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. Baidu.com, Inc.
(ADR) (NASDAQ:BIDU) is the 3rd 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 4th 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. China Kanghui Holdings (ADR) (NYSE:KH) is
the 5th most profitable stock in this segment of the market. Its net profit
margin was 36.33% for the last 12 months. Its operating profit margin was 43.09%
for the same period. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 6th most
profitable stock in this segment of the market. Its net profit margin was 35.30%
for the last 12 months. Its operating profit margin was 44.05% for the same
period. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 7th most
profitable stock in this segment of the market. Its net profit margin was 33.49%
for the last 12 months. Its operating profit margin was 35.39% for the same
period. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the 8th most profitable
stock in this segment of the market. Its net profit margin was 32.85% for the
last 12 months. Its operating profit margin was 34.33% for the same period.
AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 9th most profitable stock in
this segment of the market. Its net profit margin was 32.09% for the last 12
months. Its operating profit margin was 31.67% for the same period. SouFun
Holdings Limited (ADR) (NYSE:SFUN) is the 10th most profitable stock in this
segment of the market. Its net profit margin was 31.16% for the last 12 months.
Its operating profit margin was 39.33% for the same period.
months. Giant Interactive Group Inc (ADR) (NYSE:GA) is the 1st most profitable
stock in this segment of the market. Its net profit margin was 52.23% for the
last 12 months. Its operating profit margin was 55.76% for the same period.
Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 2nd 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. Baidu.com, Inc.
(ADR) (NASDAQ:BIDU) is the 3rd 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 4th 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. China Kanghui Holdings (ADR) (NYSE:KH) is
the 5th most profitable stock in this segment of the market. Its net profit
margin was 36.33% for the last 12 months. Its operating profit margin was 43.09%
for the same period. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 6th most
profitable stock in this segment of the market. Its net profit margin was 35.30%
for the last 12 months. Its operating profit margin was 44.05% for the same
period. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 7th most
profitable stock in this segment of the market. Its net profit margin was 33.49%
for the last 12 months. Its operating profit margin was 35.39% for the same
period. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the 8th most profitable
stock in this segment of the market. Its net profit margin was 32.85% for the
last 12 months. Its operating profit margin was 34.33% for the same period.
AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 9th most profitable stock in
this segment of the market. Its net profit margin was 32.09% for the last 12
months. Its operating profit margin was 31.67% for the same period. SouFun
Holdings Limited (ADR) (NYSE:SFUN) is the 10th most profitable stock in this
segment of the market. Its net profit margin was 31.16% for the last 12 months.
Its operating profit margin was 39.33% for the same period.
Google Inc. (NASDAQ:GOOG) Will Fight For Android Firms
Google Inc. (NASDAQ:GOOG) has promised to support its partner Android firms in
lawsuits. Google Inc. (NASDAQ:GOOG) Will Fight For Android Firms Google Inc.
(NASDAQ:GOOG) CEO Eric Schmidt has promised to support its Android partner firms
that are involved in lawsuits. The company is trying to strengthen its Android
partnerships in the wake of disputes with Apple over Android patents. Schmidt
said, "We tell our partners, including the ones here in Taiwan, we will
support them. For example we have been supporting HTC in its dispute with Apple
because we think that the Apple thing is not correct. The support takes the form
of information sharing, industry expertise and access to Google Inc.
(NASDAQ:GOOG)'s patents for licensing and legal purposes". Google Inc.
(NASDAQ:GOOG) shares were at 600.95 at the end of the last days trading. Theres
been a 6.8% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zacks
Rank: 3 out of 31 in the industry
lawsuits. Google Inc. (NASDAQ:GOOG) Will Fight For Android Firms Google Inc.
(NASDAQ:GOOG) CEO Eric Schmidt has promised to support its Android partner firms
that are involved in lawsuits. The company is trying to strengthen its Android
partnerships in the wake of disputes with Apple over Android patents. Schmidt
said, "We tell our partners, including the ones here in Taiwan, we will
support them. For example we have been supporting HTC in its dispute with Apple
because we think that the Apple thing is not correct. The support takes the form
of information sharing, industry expertise and access to Google Inc.
(NASDAQ:GOOG)'s patents for licensing and legal purposes". Google Inc.
(NASDAQ:GOOG) shares were at 600.95 at the end of the last days trading. Theres
been a 6.8% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zacks
Rank: 3 out of 31 in the industry
Klondex Reports “Excellent Productivity and Solid Assays” at Fire Creek
Klondex Mines (KDX.TSX) announced that its active 2011 surface drilling program
continues to find new gold veins and to expand the scope of the resource at its
Fire Creek property in North Central Nevada. The emerging gold Company has
completed 16,947 feet of core and 18,040 feet of reverse circulation drilling
thus far at Fire Creek.
continues to find new gold veins and to expand the scope of the resource at its
Fire Creek property in North Central Nevada. The emerging gold Company has
completed 16,947 feet of core and 18,040 feet of reverse circulation drilling
thus far at Fire Creek.
Aurizon Posts Record Quarterly Revenue, Cash Flow
Aurizon Mines (ARZ.TSX, AMEX: AZK) announced operating and financial results
from the third quarter of 2011.
from the third quarter of 2011.
Todays Dow Jones Industrial Average Index DJX DJIA Nasdaq S&P 500 Stock Market Investing News USA World Economy Today Mid-Day
The primary stock index futures were on the mend prior to opening bell today in
the U.S. Futures were green across the board for the DJIA, Nasdaq, and S&P 500
and stocks were positioned for the higher open in the U.S. this morning. The
primary market indicators in the Asia zone closed below break even today.
Primary indicators in Europe finished their session today mixed. The CAC 40 was
red as was the FTSE 100. The DAX in Germany finished the day in the green.
Indices are currently dealing with the negative pressure stemming from the debt
resolution crisis ongoing in the eurozone. Italy has been the recent point of
interest and leaders are scrambling to neutralize the negative ramifications of
the recent days. A sharp sell off was observed last session in the U.S. as
investors attempted to process the ramifications of Italys 10-year bond yield
pushing above the the 7 percent mark. Investors see this data as an indication
of crisis intensification. The perception that Italy, one of the largest
economys in Europe, would need to be bailed out increased along with the yield
on the 10-year bond. This action continues to pressure indices on a global
scale. As the trading session reached the mid-day mark today in the U.S., the
primary index composites were still trending on positive ground. The Dow Jones
was higher by 1.03 percent at 11,902. The Nasdaq was higher by .30 percent at
2,629.61. The S&P 500 was green at this point in the day by .85 percent at
1,239.70. Investors remain cautious though and trends are trailing. Frank Matto
the U.S. Futures were green across the board for the DJIA, Nasdaq, and S&P 500
and stocks were positioned for the higher open in the U.S. this morning. The
primary market indicators in the Asia zone closed below break even today.
Primary indicators in Europe finished their session today mixed. The CAC 40 was
red as was the FTSE 100. The DAX in Germany finished the day in the green.
Indices are currently dealing with the negative pressure stemming from the debt
resolution crisis ongoing in the eurozone. Italy has been the recent point of
interest and leaders are scrambling to neutralize the negative ramifications of
the recent days. A sharp sell off was observed last session in the U.S. as
investors attempted to process the ramifications of Italys 10-year bond yield
pushing above the the 7 percent mark. Investors see this data as an indication
of crisis intensification. The perception that Italy, one of the largest
economys in Europe, would need to be bailed out increased along with the yield
on the 10-year bond. This action continues to pressure indices on a global
scale. As the trading session reached the mid-day mark today in the U.S., the
primary index composites were still trending on positive ground. The Dow Jones
was higher by 1.03 percent at 11,902. The Nasdaq was higher by .30 percent at
2,629.61. The S&P 500 was green at this point in the day by .85 percent at
1,239.70. Investors remain cautious though and trends are trailing. Frank Matto
Broadcom Is Bringing Your Fridge Online
Chipmaker Broadcom (NASDAQ: BRCM ) makes technology for everything. Making a
new GPS device? Broadcoms got your chip. Setting up a new wireless network?
Marketing a line of set-top boxes for cable TV? Near-field communications
technology ? Broadcom. But now the company is in the business of bringing other
technology online for a set of electronics you might not expect appliances. So,
do you need to get your dishwasher online to send you an email when the dishes
are done? Broadcom apparently is the answer again. A Thursday report at GigaOM
detailed Broadcoms latest product a new Wi-Fi module named Wireless Internet
Connectivity for Embedded Devices, or WICED. The WICED module includes a
processor, Wi-Fi radio, software stack and a connectivity application processing
interface. In laymans terms: WICED brings electronics online using a Wi-Fi
connection. The things Broadcom is making WICED for, however, are not the types
of devices that typically leverage Wi-Fi for getting online. Instead of
smartphones, PCs or tablets, WICED is for use in everything from refrigerators
to thermostats. WICED is just one more technology sold in the growing business
of bringing everything in your house online. The Consumer Electronics Show in
January of 2011 was dominated with connected products from companies like
General Electric (NYSE: GE ) and Sony (NYSE: SNE ). Even AT&T (NYSE: T ) debuted
a subscription service for Internet-connected medicine bottle caps pay $15 per
month, and the electronic cap will send you a text message reminding you to take
your prescription. Broadcoms WICED module is unusual, however, because it uses
Wi-Fi for connecting to the Internet. Many companies opt to use ZigBee, a
different type of wireless technology used for networking basic tools like
digital thermostats and light switches. Companies like Texas Instruments (NYSE:
TXN ) and Samsung (PINK: SSNLF ) make the ZigBee chips that Broadcoms WICED will
compete with. ZigBee in turn competes with Z-Wave technology, which also is used
for networking household items. What will make Broadcoms technology appealing
for manufacturers like GE trading in consumer goods is the preponderance of
consumers already using Wi-Fi networks in their homes for PCs, phones and home
entertainment. If someone wants a stove that can check his Gmail account,
bringing that stove online using a wireless router should be simple. Should
Broadcom be on investors radar? BRCM shares have lost about 20% of their value
year-to-date but have slowly climbed about 5% in the past three months. The
company also yields a small quarterly dividend of 1%, which it began paying out
in 2010. It isnt exactly the brightest star in the sky, but if Broadcom can make
Wi-Fi connectivity a central feature in the growing trend of connected home
goods, that should only help fuel the companys steady growth. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
new GPS device? Broadcoms got your chip. Setting up a new wireless network?
Marketing a line of set-top boxes for cable TV? Near-field communications
technology ? Broadcom. But now the company is in the business of bringing other
technology online for a set of electronics you might not expect appliances. So,
do you need to get your dishwasher online to send you an email when the dishes
are done? Broadcom apparently is the answer again. A Thursday report at GigaOM
detailed Broadcoms latest product a new Wi-Fi module named Wireless Internet
Connectivity for Embedded Devices, or WICED. The WICED module includes a
processor, Wi-Fi radio, software stack and a connectivity application processing
interface. In laymans terms: WICED brings electronics online using a Wi-Fi
connection. The things Broadcom is making WICED for, however, are not the types
of devices that typically leverage Wi-Fi for getting online. Instead of
smartphones, PCs or tablets, WICED is for use in everything from refrigerators
to thermostats. WICED is just one more technology sold in the growing business
of bringing everything in your house online. The Consumer Electronics Show in
January of 2011 was dominated with connected products from companies like
General Electric (NYSE: GE ) and Sony (NYSE: SNE ). Even AT&T (NYSE: T ) debuted
a subscription service for Internet-connected medicine bottle caps pay $15 per
month, and the electronic cap will send you a text message reminding you to take
your prescription. Broadcoms WICED module is unusual, however, because it uses
Wi-Fi for connecting to the Internet. Many companies opt to use ZigBee, a
different type of wireless technology used for networking basic tools like
digital thermostats and light switches. Companies like Texas Instruments (NYSE:
TXN ) and Samsung (PINK: SSNLF ) make the ZigBee chips that Broadcoms WICED will
compete with. ZigBee in turn competes with Z-Wave technology, which also is used
for networking household items. What will make Broadcoms technology appealing
for manufacturers like GE trading in consumer goods is the preponderance of
consumers already using Wi-Fi networks in their homes for PCs, phones and home
entertainment. If someone wants a stove that can check his Gmail account,
bringing that stove online using a wireless router should be simple. Should
Broadcom be on investors radar? BRCM shares have lost about 20% of their value
year-to-date but have slowly climbed about 5% in the past three months. The
company also yields a small quarterly dividend of 1%, which it began paying out
in 2010. It isnt exactly the brightest star in the sky, but if Broadcom can make
Wi-Fi connectivity a central feature in the growing trend of connected home
goods, that should only help fuel the companys steady growth. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at
Is Sony a Bargain in the Rough?
Any time a big-name company has its stock cut in half in just a few months,
it's worth sniffing around to see if there's a bargain amid the rubble. In
the case of Sony (NYSE: SNE ), however, there's no such value to be found. The
Sony story is ugly, and there appears to be little in the way of a silver lining
even with the stock at $17.20 compared with its February high near $37 and its
post-bubble high near $60 in 2007. The gradual implosion of a former market
leader stems from a lack of innovation to keep its brand relevant in an
Apple-dominated world. It was only a few years ago that Sony was a dominant
company within the consumer electronics space. Now, it is mainly a seller of
commoditized hardware not where you want to be in a soft global economy. The
strength of the yen one of the challenges Sony cited in its recent earnings
report certainly hasn't helped. The Japanese currency has surged in the
safe-haven trade of the past six months, weighing heavily not just on Sony, but
on all of the nation's exporters. A bull case for Sony here is that the yen is
tied to a weak economy with low interest rates, so it's only a matter of time
before the safe-haven trade unwinds, the yen softens and exporters begin to
recover. This might prove to be the case, but Sony's problems run deeper than
just unfavorable currency translation. This year will mark the fourth
consecutive annual loss for the company, which is seeing its businesses eroded
on the high end by Apple (NASDAQ: AAPL ) and on the low end by Samsung (PINK:
SSNLF ) and others. Sony is losing market share in phones and is unlikely to see
success in tablets, its music division is under pressure, and even its TVs
which have long commanded a premium price have turned into a money-losing
business. It's debatable how long consumers will be willing to pay this
premium at a time in which both Samsung and LG are gaining brand cachet and
Apple TV is looming on the horizon. Finally, sales of Sony's handheld devices
continue to be hurt by the rising competition from smartphones. In short, there
appears to be nothing to get consumers or investors excited about Sony again.
Sony is in a difficult position here. It can increase spending to help right the
ship, but this will lead to even more pressure on earnings. Alternatively, it
could go into survival mode and milk its current businesses indefinitely.
Neither course of action is the recipe for a meaningful recovery in its stock
price. For all of this, SNE shares aren't particularly cheap. The stock trades
at about 15 times forward estimates, but it's difficult to have faith in these
estimates when the company has whiffed on earnings three quarters in a row.
Also, estimates have been plunging all year, and it seems unlikely that trend
will reverse anytime soon. With estimates headed south, two things can happen:
Either the forward P/E expands or the stock price remains under pressure. The
latter scenario appears to be the most probable. Click to Enlarge Even for those
seeking a quick trade, Sony offers little to entice would-be buyers. The stock
has managed only two modest rallies this year; otherwise, its chart is making
the 45-degree downward slope that signals the need for a multi-month base to be
put in before there is any significant upside. The bottom line: For now, Sony
looks more like a value trap than a turnaround story. With a punk economy and no
catalyst to spark a longer-term recovery in its shares, look for opportunities
elsewhere rather than being tempted by Sony's falling stock price.
it's worth sniffing around to see if there's a bargain amid the rubble. In
the case of Sony (NYSE: SNE ), however, there's no such value to be found. The
Sony story is ugly, and there appears to be little in the way of a silver lining
even with the stock at $17.20 compared with its February high near $37 and its
post-bubble high near $60 in 2007. The gradual implosion of a former market
leader stems from a lack of innovation to keep its brand relevant in an
Apple-dominated world. It was only a few years ago that Sony was a dominant
company within the consumer electronics space. Now, it is mainly a seller of
commoditized hardware not where you want to be in a soft global economy. The
strength of the yen one of the challenges Sony cited in its recent earnings
report certainly hasn't helped. The Japanese currency has surged in the
safe-haven trade of the past six months, weighing heavily not just on Sony, but
on all of the nation's exporters. A bull case for Sony here is that the yen is
tied to a weak economy with low interest rates, so it's only a matter of time
before the safe-haven trade unwinds, the yen softens and exporters begin to
recover. This might prove to be the case, but Sony's problems run deeper than
just unfavorable currency translation. This year will mark the fourth
consecutive annual loss for the company, which is seeing its businesses eroded
on the high end by Apple (NASDAQ: AAPL ) and on the low end by Samsung (PINK:
SSNLF ) and others. Sony is losing market share in phones and is unlikely to see
success in tablets, its music division is under pressure, and even its TVs
which have long commanded a premium price have turned into a money-losing
business. It's debatable how long consumers will be willing to pay this
premium at a time in which both Samsung and LG are gaining brand cachet and
Apple TV is looming on the horizon. Finally, sales of Sony's handheld devices
continue to be hurt by the rising competition from smartphones. In short, there
appears to be nothing to get consumers or investors excited about Sony again.
Sony is in a difficult position here. It can increase spending to help right the
ship, but this will lead to even more pressure on earnings. Alternatively, it
could go into survival mode and milk its current businesses indefinitely.
Neither course of action is the recipe for a meaningful recovery in its stock
price. For all of this, SNE shares aren't particularly cheap. The stock trades
at about 15 times forward estimates, but it's difficult to have faith in these
estimates when the company has whiffed on earnings three quarters in a row.
Also, estimates have been plunging all year, and it seems unlikely that trend
will reverse anytime soon. With estimates headed south, two things can happen:
Either the forward P/E expands or the stock price remains under pressure. The
latter scenario appears to be the most probable. Click to Enlarge Even for those
seeking a quick trade, Sony offers little to entice would-be buyers. The stock
has managed only two modest rallies this year; otherwise, its chart is making
the 45-degree downward slope that signals the need for a multi-month base to be
put in before there is any significant upside. The bottom line: For now, Sony
looks more like a value trap than a turnaround story. With a punk economy and no
catalyst to spark a longer-term recovery in its shares, look for opportunities
elsewhere rather than being tempted by Sony's falling stock price.
Microsoft Corporation (NASDAQ:MSFT) Makes Mobile Enterprise Deal
Microsoft Corporation (NASDAQ:MSFT) has made a strategic relationship with
Avanade to deploy mobile enterprise solutions for Windows phone. Microsoft
Corporation (NASDAQ:MSFT) Makes Mobile Enterprise Deal Microsoft Corporation
(NASDAQ:MSFT) has announced a strategic relationship with Avanade, a global
business technology solutions and managed services provider, to develop and
deploy enterprise solutions and services for Windows(R) Phone. Under the deal,
the companies will develop business applications and solutions to enhance
business productivity and drive adoption of the Windows Phone platform. Avanade
will create new Windows Phone Centers of Excellence in United States, Europe,
China and India to develop new mobile applications. Paul Bryan, senior director,
Windows Phone Division at Microsoft Corporation (NASDAQ:MSFT), said that,
Businesses are requesting a new wave of mobile solutions to meet the increasing
expectations of both employees and consumers. Our collaboration with Avanade and
Accenture will address these needs. Through the Centers of Excellence, Avanade
and Accenture developers will help accelerate the delivery of creative and
unique solutions across the globe for the Windows Phone ecosystem". Microsoft
Corp. (NASDAQ:MSFT) shares were at 26.2 at the end of the last days trading.
Theres been a 6.2% 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:
31 out of 92 in the industry
Avanade to deploy mobile enterprise solutions for Windows phone. Microsoft
Corporation (NASDAQ:MSFT) Makes Mobile Enterprise Deal Microsoft Corporation
(NASDAQ:MSFT) has announced a strategic relationship with Avanade, a global
business technology solutions and managed services provider, to develop and
deploy enterprise solutions and services for Windows(R) Phone. Under the deal,
the companies will develop business applications and solutions to enhance
business productivity and drive adoption of the Windows Phone platform. Avanade
will create new Windows Phone Centers of Excellence in United States, Europe,
China and India to develop new mobile applications. Paul Bryan, senior director,
Windows Phone Division at Microsoft Corporation (NASDAQ:MSFT), said that,
Businesses are requesting a new wave of mobile solutions to meet the increasing
expectations of both employees and consumers. Our collaboration with Avanade and
Accenture will address these needs. Through the Centers of Excellence, Avanade
and Accenture developers will help accelerate the delivery of creative and
unique solutions across the globe for the Windows Phone ecosystem". Microsoft
Corp. (NASDAQ:MSFT) shares were at 26.2 at the end of the last days trading.
Theres been a 6.2% 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:
31 out of 92 in the industry
Crocodile Gold Reports High Grade Results at Cosmo
Crocodile Gold (CRK.TSX) announced that delineation drilling at its Cosmo
Underground Mine in the Northern Territory of Australia has identified
additional higher grade intersections into the 100 Lode located in the hanging
wall of the Cosmo East Zone. The Company noted that these results have lead to
the identification of a core of higher grade material that is expected to
improve the near term mine plan. Drill results have also provided a new
understanding of the geological controls in this style of mineralization.
Highlights: * 8 meters (m) of 15.69 grams per tonne (g/t) of gold (Au) in hole
CE102516 * 6 m of 11.40 g/t Au in hole CE102513 * 3 m of 13.29 g/t Au in hole
CE102510 David Keough, Chief Operating Officer of Crocodile Gold : To date, the
delineation program has been successful at confirming grades at Cosmo and, in
this case, revealed a higher grade core that was not previously known to us. The
identification of this zone will play a major role in the success of the Cosmo
underground mine plan." Craig Pridmore, Chief Geologist: The recognition of
the importance of these cross faults and the orientation of the carbonaceous
contacts on the control of the higher grade mineralization at Cosmo will be
tested in other geological domains of the ore body. In addition, ongoing
delineation drilling is continuing to test this newly defined higher grade core
at depth.
Underground Mine in the Northern Territory of Australia has identified
additional higher grade intersections into the 100 Lode located in the hanging
wall of the Cosmo East Zone. The Company noted that these results have lead to
the identification of a core of higher grade material that is expected to
improve the near term mine plan. Drill results have also provided a new
understanding of the geological controls in this style of mineralization.
Highlights: * 8 meters (m) of 15.69 grams per tonne (g/t) of gold (Au) in hole
CE102516 * 6 m of 11.40 g/t Au in hole CE102513 * 3 m of 13.29 g/t Au in hole
CE102510 David Keough, Chief Operating Officer of Crocodile Gold : To date, the
delineation program has been successful at confirming grades at Cosmo and, in
this case, revealed a higher grade core that was not previously known to us. The
identification of this zone will play a major role in the success of the Cosmo
underground mine plan." Craig Pridmore, Chief Geologist: The recognition of
the importance of these cross faults and the orientation of the carbonaceous
contacts on the control of the higher grade mineralization at Cosmo will be
tested in other geological domains of the ore body. In addition, ongoing
delineation drilling is continuing to test this newly defined higher grade core
at depth.
Claude Resources’ Adjusted Net Profit Rises 14%
Claude Resources (CRJ.TSX, AMEX: CGR) announced financial and operating results
from the third quarter of 2011.
from the third quarter of 2011.
Fortuna Silver Delivers “Best Quarter Yet”
Fortuna Silver Mines (FVI.TSX, NYSE: FSM) announced financial and operating
results for the third quarter of 2011.
results for the third quarter of 2011.
4 Reasons Tanker Stocks Are Hitting a Reef
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tdp2664 InvestorPlace "Admire a small ship, but put your freight in a large one," the Greek poet Hesiod wrote. "For the greater the lading, the greater will be your piled gain — if only the winds will keep back their harmful gales." Shipping companies have followed that sage advice in recent years, investing heavily in — and profiting from — the largest oil tankers. Now they're being buffeted by those harmful gales. In a perfect storm of too many ships, a collapse in charter rates and looming global economic clouds, tanker stocks are foundering. The Baltic Dirty Tanker Index , which measures charter rates on international oil routes, has sunk from 1,055 to 762 over the past eight months. And while that's better than the index 's low point of 657 back in January, bunker (or ship) fuel prices for Very Large Crude Carriers (VLCCs) have increased by one-third. With daily charter rates that low and substantially higher fuel prices, many shippers are losing up to $1,800 a day after they pay bunker fuel and other costs. As evidence of tough times in the shipping sector, Danish shipping company A.P. Moller-Maersk, on Wednesday reported a 79% drop in net earnings, attributing its $297 million quarterly loss to turmoil in its container shipping and tanker units. While tanker stocks are showing minor improvement since the sector's low-water mark in October, there are solid reasons why tanker stocks are hitting a reef right now. Here are four: Sinking Charter Rates. The drop in daily charter rates has hit tanker stocks hard.
GlaxoSmithKline plc (LON:GSK) Announces Recycling Scheme
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tdp2664 E money daily GlaxoSmithKline plc (LON:GSK) has enhanced an asthma inhaler recycling scheme in 200 Co-op pharmacies. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full GSK chart at Wikinvest GlaxoSmithKline plc (LON:GSK) Announces Recycling Scheme GlaxoSmithKline plc (LON:GSK) announced that it has launched its respiratory inhaler recycling scheme to community pharmacies across the country. The asthma inhaler recycling scheme is GlaxoSmithKline plc (LON:GSK)'s joint venture with TerraCycle UK and it is a part of the company's steps to meet its target of having zero waste to landfill by 2020. Nick Lowen, GlaxoSmithKline plc (LON:GSK)’s commercial operations director, said that, “As a company GlaxoSmithKline plc (LON:GSK) wants to champion and lead sustainability standards for the pharmaceutical industry. GlaxoSmithKline plc (LON:GSK) is committed to finding innovative ways to increase our use of renewable materials and create less waste.” GlaxoSmithKline plc (LON:GSK) company shares stood at 1376.5 at the end of the last trading session. Price History Last Price: 1376.5 52 Week Range: 750.00- 1,414.50 Last Vol: 2375269 3 Month Vol: 9195460
Stay Safe in a Volatile Market
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tdp2664 InvestorPlace Just when you thought it was safe to jump in the volatility water, bam — more bad euro zone news hits the tape. The Volatility Index (CBOE: VIX ) spent a rare day (for fall 2011) below 30 on Tuesday. But thanks to Wednesday’s huge sell-off, it now sits closer to overbought than anything else. What’s overbought, you say? Well, I define that as 20% above its 10-day simple moving average (SMA) and/or at the upper Bollinger Band on the standard 20-day, 2 Standard Deviation look. And VIX pretty much hit both Tuesday. That’s on account of VIX itself flying over 30% higher, something you don’t see too often. At least, you didn’t see it too often until this year, as pretty much all rules are made to be broken. So what’s it all mean? Well, the VIX is intended as a mean-reversion indicator. In other words, when it stretches too far above or below something we might define as a mean, we expect to see it snap back. In theory, this says you should fade moves that stretch too far. Because the VIX moves in opposition to the market, that says we want to go long when VIX gets overbought. But if you do, tread very carefully. In 2011, an overbought VIX has gotten extremely – well — overbought. I use 20% above the SMA as a cut-off, mainly because it doesn’t happen that often. (The VIX would typically only stretch like that a few times per year.) And now in 2011, that theory itself has become stretched. The VIX surged a record 71% above its 10-day SMA in August, so getting long the market when it crossed the 20% threshold proved disastrous. We have a pretty obvious reasons for this constant surge in volatility. The correlation in the market has exploded this year. I cringe every time I hear someone on TV say “Risk On, Risk Off,” but that’s essentially the easiest way to describe it. Everything moves as one big trade. Market volatility, proxied by the VIX, depends on two factors: the volatility of the stocks themselves that comprise the index , and the degree to which they correlate. The higher the volatility of the components, the higher the index volatility. And the greater they correlate, also, the higher the index volatility. And right here, right now, it’s the extreme correlation that is putting a bid into market volatility. If you’re trading, it probably doesn’t pay to stock-pick. With stocks moving in unison, better to just trade indices and index Exchange-Traded Funds (and, of course, their options).
It’s Payday! Updates For November 10, 2011
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tdp2664 Penny Stock Live Nice to see U.S. futures shrug off the Italian bond issue, at least for now. Asia was hit hard overnight down considerably following our market but Europe has stabilized and it appears we’re getting some momentum off of that. Green Mountain Coffee Roasters (GMCR) took a huge hit after its earnings report which is yet another example of why I don’t hold through earnings – I’ll have my eyes on CBOU and JVA today as possible future shorts. On the economic front, data on weekly jobless claims and October import prices will be released at 8:30 a.m. Eastern time. Also on Thursday morning, Charles Evans, president of the Federal Reserve Bank of Chicago, will deliver opening remarks at the International Banking Conference in Chicago. In London, the Bank of England is expected to leave monetary policy unchanged on Thursday, a little more than a month after it boosted its quantitative-easing program in an effort to stave off a recession. Updates on our swing trades. RENN for whatever reason has not walked up prior to earnings, oh well. You win some and you lose some, if this game was easy then we’d all be rich drinking gourmet cocktails on the beaches of Hawaii, maybe one day but not yet. My goal on RENN today would be a slight profit above entry or better. It held up pretty good considering the market was down 400 points Wednesday meaning I think I did a good job of picking entry, unfortunately we’ve yet to see the walk up here. Probably not going to hold into the earnings report, I’d rather take a small loss than risk it but we’ll see as the day goes on. COOL continues to hold the range I’m looking for which is why i didn’t cash on the $2,000 profit I had on it. Up $1,100 right now after yesterday’s pullback I’d like to see this one just under $4 as the Zumba II news starts to hit Wall Street headlines. I am considering locking in my profit and buying it back if I see another red market opportunity. Zumba II is set to launch next week and if you’re new, Zumba was COOL’s best seller and expect the sequel to sell better. We’ll probably play this one a number of times before their next earnings report. ABAT, you know the game here, nothing new to report. I’ll buy more at $.92 if it dips and play it into next Monday afternoon before they report earnings. I hardly ever hold through earnings so please don’t bother asking because my answer will always be, if you want to gamble go ahead and hold. Ideally I’d like to get $1.15 to $1.20 or better before earnings. I don’t think Tuesday’s volume was a mistake and feel pretty good about this trade. Finally, we should start to see if my QPSA options bet will work or not. Still no news on the merger vote from last night so worst case I’m out $2,400 from the $5,000 plus I made on the 60% trade alert recently. If the deal goes through my hope is the stock will gap up above the $5 resistance. Options are new to me and not a part of my service, but I did share this bet with you so you could learn if my judgement on the myYearbook deal sending it above $5 was accurate.
HSBC Holdings plc (LON:HSBA) Sees Profits Sink
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tdp2664 E money daily HSBC Holdings plc (LON:HSBA) has posted a 36% decrease in its third quarter profits. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full HSBA chart at Wikinvest HSBC Holdings plc (LON:HSBA) Sees Profits Sink The euro zone debt crisis has affected HSBC Holdings plc (LON:HSBA) so badly that it reported a 36 percent drop in its third quarter profits. The bank was also affected by bad debt in US as homeowners stopped making mortgage payments. The bank also said if regulators insist on charging $2.5 billion a year, the bank may consider moving its headquarters from Britain to Hong Kong. HSBC Holdings plc (LON:HSBA) CEO Stuart Gulliver said, "The outlook for the global economy is very challenging as problems in developed markets begin to affect growth rates around the world". HSBC Holdings plc (LON:HSBA) shares stood at 496.8 at the end of the last trading session. Price History Last Price: 496.8 52 Week Range: 466.45- 739.63 Last Vol: 16023631 3 Month Vol: 27452000
Gold & Silver Prices – Daily Outlook November 10
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DG365FD46564GFH654FU898 Gold and silver prices changed direction and the concerns of the European debt crisis including the news from Italy and Greece (see below) may have caused the
Ulta Salon an Easy Way to Beautify Your Portfolio
Ulta Salon Cosmetics and Salon Inc. (NASDAQ: ULTA ) looks like it might be a
beautiful choice for an options trade this week. ULTA provides hair care
products and accessories, cosmetics and salon services. It operates and
franchises upward of 400 stores in 42 states. The company has solid
fundamentals, and shares are up almost 100% for the year. ULTA has been trading
in a range between about $66 and $74 for the better part of two months. The
stock just recently hit its 52-week high at just above $75.50. The stock might
pull in a bit before it finally gets through, and holds, the $74 area before it
continues higher. This makes ULTA an excellent candidate to own and to, at the
same time, generate income by selling calls against it (i.e., the covered call
strategy or a buy-write). If you buy the shares at market (currently trading at
$72.40) and then sell the $75-strike calls against them, these options will
still give this stock some room to go higher while you pocket income in the
meantime. Because there are fewer than two weeks to go until November
expiration, calls with a December expiration date will give this covered call a
greater option premium and more time for the stock to hopefully go higher. Plus,
you'll be situated in the trade for ULTA's Dec. 5 earnings announcement, and
you may be able to cash out long before expiration. Making the ULTA Covered Call
Trade Example : Buy 100 shares of ULTA @ $72.40 and sell the Dec 75 Call @ $4.50
Cost of the stock : 100 X $72.40 = $7,240 debit Premium received : 100 X $4.50 =
$450 credit Maximum profit : $710 that's $260 ($75 strike – $72.40 share
price X 100) from the stock and $450 from the premium received if ULTA finishes
at or above $75 @ December expiration Breakeven : If ULTA finishes at $67.90
($72.40 stock price – $4.50 premium received) @ December expiration Maximum
loss : $6,790, which occurs in the unlikely event that ULTA goes to $0 @
December expiration Managing the ULTA Covered Call Trade The main objective for
a covered call strategy is for the stock to just rise up to the sold call's
strike price which in this case is $75 at expiration. The stock moves up the
maximum amount without being called away and the sold call expires worthless,
but the trade can be closed out anytime before expiration for profit or loss. If
the stock drops in price more than was anticipated for whatever reason, it might
make sense to closeout the entire trade (stock and short call) to avoid further
losses.
beautiful choice for an options trade this week. ULTA provides hair care
products and accessories, cosmetics and salon services. It operates and
franchises upward of 400 stores in 42 states. The company has solid
fundamentals, and shares are up almost 100% for the year. ULTA has been trading
in a range between about $66 and $74 for the better part of two months. The
stock just recently hit its 52-week high at just above $75.50. The stock might
pull in a bit before it finally gets through, and holds, the $74 area before it
continues higher. This makes ULTA an excellent candidate to own and to, at the
same time, generate income by selling calls against it (i.e., the covered call
strategy or a buy-write). If you buy the shares at market (currently trading at
$72.40) and then sell the $75-strike calls against them, these options will
still give this stock some room to go higher while you pocket income in the
meantime. Because there are fewer than two weeks to go until November
expiration, calls with a December expiration date will give this covered call a
greater option premium and more time for the stock to hopefully go higher. Plus,
you'll be situated in the trade for ULTA's Dec. 5 earnings announcement, and
you may be able to cash out long before expiration. Making the ULTA Covered Call
Trade Example : Buy 100 shares of ULTA @ $72.40 and sell the Dec 75 Call @ $4.50
Cost of the stock : 100 X $72.40 = $7,240 debit Premium received : 100 X $4.50 =
$450 credit Maximum profit : $710 that's $260 ($75 strike – $72.40 share
price X 100) from the stock and $450 from the premium received if ULTA finishes
at or above $75 @ December expiration Breakeven : If ULTA finishes at $67.90
($72.40 stock price – $4.50 premium received) @ December expiration Maximum
loss : $6,790, which occurs in the unlikely event that ULTA goes to $0 @
December expiration Managing the ULTA Covered Call Trade The main objective for
a covered call strategy is for the stock to just rise up to the sold call's
strike price which in this case is $75 at expiration. The stock moves up the
maximum amount without being called away and the sold call expires worthless,
but the trade can be closed out anytime before expiration for profit or loss. If
the stock drops in price more than was anticipated for whatever reason, it might
make sense to closeout the entire trade (stock and short call) to avoid further
losses.
Gold & Silver Prices – Daily Outlook November 10
Gold and silver prices changed direction and the concerns of the European debt
crisis including the news from Italy and Greece (see below) may have caused the
crisis including the news from Italy and Greece (see below) may have caused the
Todays Gold Price Per Ounce Spot gold price per gram Rates; Spot Silver price per ounce; Gold Silver Today
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dow2664 Contract gold and silver experienced a moderate increase after news spread that Italian Prime Minister, Silvio Berlusconi, would step aside. Precious metal gold and silver price per ounce rates drifted back though shortly after this announcement. Trends for the two precious metals have been observed in negative territory since. The dollar was on the rise last session which made precious metal gold and silver more expensive. Gold and silver contract were negative at the mid-day mark and as of last session close, both precious metals had finished on the negative side of break-even. Contract gold for December delivery closed out the day lower by .42 percent or negative 7.60 to close at 1791.60 per troy ounce. Contract silver for December delivery finished lower by 2.25 percent or negative .792 at 34.36 per troy ounce. After last session close but prior to today’s open, spot gold and spot silver prices continued to move in negative territory. Spot gold price per gram was lower at this point by 1.09 at 56.52. Spot silver price per ounce was lower by .61 at 33.76. The Gold sector turned lower alongside the DJIA ’s 400 point loss. Camillo Zucari
One Stock That Survived the Market Crash
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tdp2664 InvestorPlace Yahoo ( NASDAQ : YHOO ) – This large-cap information technology giant had been trading within a bear channel since May. But at August's low, prices turned sharply higher, which led to a break through a double-top in October, following a quick correction that drew unusually high volume. On a day like yesterday, when the market suffered a crushing blow, YHOO fell by just a nickel. Rumors persist of a takeover by a larger company continue reported in the press. The chart breakout yields a trading target of $20. Click to Enlarge
The Bulls’ Only Hope
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tdp2664 InvestorPlace Stocks sold off yesterday as Italy's bonds broke above 7%, a level at which economists say the country cannot sustain its debt service. The euro fell 2.1%, its biggest drop in six months, while the U.S. dollar and U.S. Treasurys rallied. At the close, the Dow Jones Industrial Average fell 389 points (3.2%), the S&P 500 was off 47 points (3.67%), and the Nasdaq fell 106 points (3.88%). Volume on the NYSE increased to 1.1 billion shares and 599 million shares traded on the Nasdaq . Decliners outnumbered advancers on the Big Board by more than 9-to-1 and 7-to-1 on the Nasdaq . Click to Enlarge All 10 S&P sectors were down yesterday as the index turned down from its 200-day moving average. The index experienced its worst loss since mid-August, driving it through its near-term support at the 20-day moving average and the former neckline at 1,260.
Major Commodities Changed Direction and Fell –Recap November 9
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DG365FD46564GFH654FU898 Major commodities prices shifted direction and after they had risen on Tuesday, they declined on Wednesday: gold and silver prices declined by a moderate rate, crude oil prices also moderately declined. Natural gas spot prices on the other hand kept on rising. Here is a summary of the price movements of precious metals and energy commodities for November 9th: Precious Metals Prices: Gold price declined yesterday by 0.42% and reached $1,791.60; Silver price also fell by 2.25% to reach $34.36. During November, gold price rose by 3.8% and silver price increased by 0.02%.
Think Greener Pastures for the Bull Are Ahead? Think Again
Stocks opened higher yesterday but faded early, and by late morning the Dow
Jones Industrial Average had fallen 120 points from its high. But stocks turned
quickly following the resignation of the Italian Prime Minister Silvio
Berlusconi. By the close, the Dow had a triple-digit gain on the hope that
Berlusconi's departure will usher in a new period of economic reform inItaly.
For the day, the Dow gained 0.84%, the S&P 500 rose 1.27%, and the Nasdaq was up
1.2%. Volume remained light with just 879 million shares trading on the NYSE and
489 million shares on the Nasdaq. Advancers exceeded decliners by about 3-to-1
on both exchanges. Click to Enlarge Click to Enlarge Yesterday afternoon's
rally popped the S&P 500 to 1,276 from its tight trading range of 1,235 to
1,273, the bounds of its 20-day and 200-day moving averages. The surge, created
by a relaxation of anxiety overItaly's financial crisis, triggered a near-term
buy signal from the stochastic, which supports the bulls for a run at the
significant resistance above the bearish resistance line at 1,285. Click to
Enlarge And so, with the focus onEurope, momentum players have again jumped on a
thread of positive news and the indices have, for the second time, run into the
heart of the major resistance zone that began forming in January. The first
attempt at this zone was made in October at 12,303, but heavy selling reversed
the drive and the index fell below its 200-day moving average where it found
support at its 20-day moving average (green line). In order for the bulls to
succeed, they must attack the July to October trendline and close above the
October high at Dow 12,303. Then they must overcome the heart of resistance,
which spans 12,303 to 12,675 a tall order for a stock market that consistently
records lower volume on advances than on declines. The rally from the October
low to the October high was about 19%, and as pointed out earlier, it is not
unusual for a bear market rally to exceed 20% before reversing and crashing to
new lows. Note the following from prior Daily Market Outlooks: Oct. 7: "But it
(S&P 500) could continue north to the neckline at 1,260, and that would be more
than 17% above Tuesday's [Oct. 4] low." Oct. 17: "Bear market rallies are
notorious for short-covering surges that often run 20% or more from a new
low." Oct. 24: "Seasoned investors have experienced similar bear market
rallies many times, and our readers were warned that an exuberant bear market
rally could run to the neckline break at S&P 1,260 and perhaps even to the
200-day average now at 1,275. Buyers must now confront the broad band of
resistance that looks like an NFL Red Zone." Click to Enlarge By backing off
from the focus on October, readers will see the enormous overhead confronting
those who believe that we are about to enter the greener pastures of the bull.
We've traded both the bullish and bearish side of this market for short-term
gains. (And my colleague, Joe Burns, has had enormous success doing just that .)
But losing sight of the fact that the bear is still in charge of the longer term
could be a serious and costly mistake. Todays Trading Landscape To see a list of
the companies reporting earnings today, click here . For a list of this weeks
economic reports due out, click here .
Jones Industrial Average had fallen 120 points from its high. But stocks turned
quickly following the resignation of the Italian Prime Minister Silvio
Berlusconi. By the close, the Dow had a triple-digit gain on the hope that
Berlusconi's departure will usher in a new period of economic reform inItaly.
For the day, the Dow gained 0.84%, the S&P 500 rose 1.27%, and the Nasdaq was up
1.2%. Volume remained light with just 879 million shares trading on the NYSE and
489 million shares on the Nasdaq. Advancers exceeded decliners by about 3-to-1
on both exchanges. Click to Enlarge Click to Enlarge Yesterday afternoon's
rally popped the S&P 500 to 1,276 from its tight trading range of 1,235 to
1,273, the bounds of its 20-day and 200-day moving averages. The surge, created
by a relaxation of anxiety overItaly's financial crisis, triggered a near-term
buy signal from the stochastic, which supports the bulls for a run at the
significant resistance above the bearish resistance line at 1,285. Click to
Enlarge And so, with the focus onEurope, momentum players have again jumped on a
thread of positive news and the indices have, for the second time, run into the
heart of the major resistance zone that began forming in January. The first
attempt at this zone was made in October at 12,303, but heavy selling reversed
the drive and the index fell below its 200-day moving average where it found
support at its 20-day moving average (green line). In order for the bulls to
succeed, they must attack the July to October trendline and close above the
October high at Dow 12,303. Then they must overcome the heart of resistance,
which spans 12,303 to 12,675 a tall order for a stock market that consistently
records lower volume on advances than on declines. The rally from the October
low to the October high was about 19%, and as pointed out earlier, it is not
unusual for a bear market rally to exceed 20% before reversing and crashing to
new lows. Note the following from prior Daily Market Outlooks: Oct. 7: "But it
(S&P 500) could continue north to the neckline at 1,260, and that would be more
than 17% above Tuesday's [Oct. 4] low." Oct. 17: "Bear market rallies are
notorious for short-covering surges that often run 20% or more from a new
low." Oct. 24: "Seasoned investors have experienced similar bear market
rallies many times, and our readers were warned that an exuberant bear market
rally could run to the neckline break at S&P 1,260 and perhaps even to the
200-day average now at 1,275. Buyers must now confront the broad band of
resistance that looks like an NFL Red Zone." Click to Enlarge By backing off
from the focus on October, readers will see the enormous overhead confronting
those who believe that we are about to enter the greener pastures of the bull.
We've traded both the bullish and bearish side of this market for short-term
gains. (And my colleague, Joe Burns, has had enormous success doing just that .)
But losing sight of the fact that the bear is still in charge of the longer term
could be a serious and costly mistake. Todays Trading Landscape To see a list of
the companies reporting earnings today, click here . For a list of this weeks
economic reports due out, click here .
The Bulls’ Only Hope
Stocks sold off yesterday as Italy's bonds broke above 7%, a level at which
economists say the country cannot sustain its debt service. The euro fell 2.1%,
its biggest drop in six months, while the U.S. dollar and U.S. Treasurys
rallied. At the close, the Dow Jones Industrial Average fell 389 points (3.2%),
the S&P 500 was off 47 points (3.67%), and the Nasdaq fell 106 points (3.88%).
Volume on the NYSE increased to 1.1 billion shares and 599 million shares traded
on the Nasdaq. Decliners outnumbered advancers on the Big Board by more than
9-to-1 and 7-to-1 on the Nasdaq. Click to Enlarge All 10 S&P sectors were down
yesterday as the index turned down from its 200-day moving average. The index
experienced its worst loss since mid-August, driving it through its near-term
support at the 20-day moving average and the former neckline at 1,260.
economists say the country cannot sustain its debt service. The euro fell 2.1%,
its biggest drop in six months, while the U.S. dollar and U.S. Treasurys
rallied. At the close, the Dow Jones Industrial Average fell 389 points (3.2%),
the S&P 500 was off 47 points (3.67%), and the Nasdaq fell 106 points (3.88%).
Volume on the NYSE increased to 1.1 billion shares and 599 million shares traded
on the Nasdaq. Decliners outnumbered advancers on the Big Board by more than
9-to-1 and 7-to-1 on the Nasdaq. Click to Enlarge All 10 S&P sectors were down
yesterday as the index turned down from its 200-day moving average. The index
experienced its worst loss since mid-August, driving it through its near-term
support at the 20-day moving average and the former neckline at 1,260.
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