The primary indices in the U.S. experienced a rebound during the latter half of
the last trading session. The primary index composites initially followed the
primary eurozone indicators lower during the initial half of the last trading
session, but then a batch of better than expected economic reports helped to
push the primary indices in the U.S. to the positive side of breakeven. The
positively skewed economic news that posted during the last trading session was
enough to increase investor optimism and decrease focus on the turmoil and chaos
ongoing in the eurozone. The Dow Jones Industrial Average closed out the last
trading session positive by .14 percent at 12,096.16. The Nasdaq closed higher
by 1.09 percent at 2,686.20 and the S&P 500 finished green by .48 percent at
1,257.81. The positive outcome across the board for the primary indices in the
U.S. was due, in part, to the positive batch of economic reports that posted
yesterday. One noteworthy report last session was the Empire State manufacturing
report. Manufacturing in New York is positive, more positive than most expected.
The Empire State index notched higher to .6 from negative 8.5 last month. In
addition to this positively skewed report, the retail sales data posted and
revealed that retail sales rose .5 percent in October. This presentation was
better than expected and a positive sign for the U.S. economy. Investors will
observe closely today to see if the European crisis takes over and defines index
trends once again today. Frank Matto
Tuesday, November 15, 2011
Top-Performing U.S.-Listed Chinese Stocks (Nov 15, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the best-performing stock in this group. It
was up 16.8% on Nov. 15. VITs upside potential is 76.1% based on brokerage
analysts average target price of $18.24. It is trading at 25.2% of its 52-week
high of $41.06, and 67.4% above its 52-week low of $6.19. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the second best-performing stock in this group.
It was up 10.8% on Nov. 15. FMCNs upside potential is 52.5% based on brokerage
analysts average target price of $40.23. It is trading at 70.2% of its 52-week
high of $37.58, and 67.4% above its 52-week low of $15.76. 21Vianet Group Inc
(NASDAQ:VNET) is the third best-performing stock in this group. It was up 7.9%
on Nov. 15. VNETs upside potential is 78.9% based on brokerage analysts average
target price of $17.89. It is trading at 44.8% of its 52-week high of $22.33,
and 20.3% above its 52-week low of $8.31. Hollysys Automation Technologies Ltd
(NASDAQ:HOLI) is the fourth best-performing stock in this group. It was up 5.5%
on Nov. 15. HOLIs upside potential is 46.5% based on brokerage analysts average
target price of $13.13. It is trading at 49.4% of its 52-week high of $18.15,
and 97.4% above its 52-week low of $4.54. HiSoft Technology Internatnl Ltd (ADR)
(NASDAQ:HSFT) is the fifth best-performing stock in this group. It was up 4.5%
on Nov. 15. HSFTs upside potential is 46.5% based on brokerage analysts average
target price of $18.16. It is trading at 36.5% of its 52-week high of $34.00,
and 54.6% above its 52-week low of $8.02. Qihoo 360 Technology Co Ltd
(NYSE:QIHU) is the sixth best-performing stock in this group. It was up 4.5% on
Nov. 15. QIHUs upside potential is 67.5% based on brokerage analysts average
target price of $34.07. It is trading at 56.2% of its 52-week high of $36.21,
and 42.2% above its 52-week low of $14.30. Huaneng Power International, Inc.
(ADR) (NYSE:HNP) is the seventh best-performing stock in this group. It was up
4.3% on Nov. 15. HNPs upside potential is 9.7% based on brokerage analysts
average target price of $23.32. It is trading at 88.8% of its 52-week high of
$23.94, and 37.5% above its 52-week low of $15.45. iSoftStone Holdings Ltd (ADR)
(NYSE:ISS) is the eighth best-performing stock in this group. It was up 3.9% on
Nov. 15. ISSs upside potential is 62.1% based on brokerage analysts average
target price of $17.20. It is trading at 46.9% of its 52-week high of $22.63,
and 87.5% above its 52-week low of $5.66. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the ninth best-performing stock in this group. It was up 3.7%
on Nov. 15. PWRDs upside potential is 87.2% based on brokerage analysts average
target price of $24.00. It is trading at 40.7% of its 52-week high of $31.52,
and 19.8% above its 52-week low of $10.70. E-House (China) Holdings Limited
(ADR) (NYSE:EJ) is the 10th best-performing stock in this group. It was up 3.3%
on Nov. 15. EJs upside potential is 60.4% based on brokerage analysts average
target price of $10.97. It is trading at 40.9% of its 52-week high of $16.71,
and 36.8% above its 52-week low of $5.00. Shanda Games Limited(ADR)
(NASDAQ:GAME) is the 11th best-performing stock in this group. It was up 3.0% on
Nov. 15. GAMEs upside potential is 40.4% based on brokerage analysts average
target price of $6.65. It is trading at 61.6% of its 52-week high of $7.70, and
37.0% above its 52-week low of $3.46. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is
the 12nd best-performing stock in this group. It was up 2.7% on Nov. 15. ASIAs
upside potential is 100.9% based on brokerage analysts average target price of
$17.44. It is trading at 37.9% of its 52-week high of $22.91, and 39.8% above
its 52-week low of $6.21. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is
the 13th best-performing stock in this group. It was up 2.7% on Nov. 15. SPRDs
upside potential is 4.4% based on brokerage analysts average target price of
$30.58. It is trading at 98.6% of its 52-week high of $29.70, and 241.0% above
its 52-week low of $8.59. Youku.com Inc (ADR) (NYSE:YOKU) is the 14th
best-performing stock in this group. It was up 2.6% on Nov. 15. YOKUs upside
potential is 43.6% based on brokerage analysts average target price of $29.14.
It is trading at 29.0% of its 52-week high of $69.95, and 47.5% above its
52-week low of $13.76. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is
the 15th best-performing stock in this group. It was up 2.0% on Nov. 15. YGEs
upside potential is 49.4% based on brokerage analysts average target price of
$5.29. It is trading at 26.0% of its 52-week high of $13.59, and 28.7% above its
52-week low of $2.75. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 16th
best-performing stock in this group. It was up 1.3% on Nov. 15. BIDUs upside
potential is 30.6% based on brokerage analysts average target price of $183.86.
It is trading at 84.8% of its 52-week high of $165.96, and 49.2% above its
52-week low of $94.33. CNOOC Limited (ADR) (NYSE:CEO) is the 17th
best-performing stock in this group. It was up 1.3% on Nov. 15. CEOs upside
potential is 10.2% based on brokerage analysts average target price of $221.93.
It is trading at 74.1% of its 52-week high of $271.94, and 42.6% above its
52-week low of $141.27. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 18th
best-performing stock in this group. It was up 1.3% on Nov. 15. JOBSs upside
potential is 52.2% based on brokerage analysts average target price of $64.50.
It is trading at 60.7% of its 52-week high of $69.80, and 15.7% above its
52-week low of $36.62. ZHONGPIN INC. (NASDAQ:HOGS) is the 19th best-performing
stock in this group. It was up 1.2% on Nov. 15. HOGSs upside potential is 74.9%
based on brokerage analysts average target price of $15.92. It is trading at
41.2% of its 52-week high of $22.07, and 37.9% above its 52-week low of $6.60.
Phoenix New Media Ltd ADR (NYSE:FENG) is the 20th best-performing stock in this
group. It was up 1.2% on Nov. 15. FENGs upside potential is 108.4% based on
brokerage analysts average target price of $10.67. It is trading at 33.9% of its
52-week high of $15.09, and 21.9% above its 52-week low of $4.20.
Technologies Inc.(ADR) (NYSE:VIT) is the best-performing stock in this group. It
was up 16.8% on Nov. 15. VITs upside potential is 76.1% based on brokerage
analysts average target price of $18.24. It is trading at 25.2% of its 52-week
high of $41.06, and 67.4% above its 52-week low of $6.19. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the second best-performing stock in this group.
It was up 10.8% on Nov. 15. FMCNs upside potential is 52.5% based on brokerage
analysts average target price of $40.23. It is trading at 70.2% of its 52-week
high of $37.58, and 67.4% above its 52-week low of $15.76. 21Vianet Group Inc
(NASDAQ:VNET) is the third best-performing stock in this group. It was up 7.9%
on Nov. 15. VNETs upside potential is 78.9% based on brokerage analysts average
target price of $17.89. It is trading at 44.8% of its 52-week high of $22.33,
and 20.3% above its 52-week low of $8.31. Hollysys Automation Technologies Ltd
(NASDAQ:HOLI) is the fourth best-performing stock in this group. It was up 5.5%
on Nov. 15. HOLIs upside potential is 46.5% based on brokerage analysts average
target price of $13.13. It is trading at 49.4% of its 52-week high of $18.15,
and 97.4% above its 52-week low of $4.54. HiSoft Technology Internatnl Ltd (ADR)
(NASDAQ:HSFT) is the fifth best-performing stock in this group. It was up 4.5%
on Nov. 15. HSFTs upside potential is 46.5% based on brokerage analysts average
target price of $18.16. It is trading at 36.5% of its 52-week high of $34.00,
and 54.6% above its 52-week low of $8.02. Qihoo 360 Technology Co Ltd
(NYSE:QIHU) is the sixth best-performing stock in this group. It was up 4.5% on
Nov. 15. QIHUs upside potential is 67.5% based on brokerage analysts average
target price of $34.07. It is trading at 56.2% of its 52-week high of $36.21,
and 42.2% above its 52-week low of $14.30. Huaneng Power International, Inc.
(ADR) (NYSE:HNP) is the seventh best-performing stock in this group. It was up
4.3% on Nov. 15. HNPs upside potential is 9.7% based on brokerage analysts
average target price of $23.32. It is trading at 88.8% of its 52-week high of
$23.94, and 37.5% above its 52-week low of $15.45. iSoftStone Holdings Ltd (ADR)
(NYSE:ISS) is the eighth best-performing stock in this group. It was up 3.9% on
Nov. 15. ISSs upside potential is 62.1% based on brokerage analysts average
target price of $17.20. It is trading at 46.9% of its 52-week high of $22.63,
and 87.5% above its 52-week low of $5.66. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the ninth best-performing stock in this group. It was up 3.7%
on Nov. 15. PWRDs upside potential is 87.2% based on brokerage analysts average
target price of $24.00. It is trading at 40.7% of its 52-week high of $31.52,
and 19.8% above its 52-week low of $10.70. E-House (China) Holdings Limited
(ADR) (NYSE:EJ) is the 10th best-performing stock in this group. It was up 3.3%
on Nov. 15. EJs upside potential is 60.4% based on brokerage analysts average
target price of $10.97. It is trading at 40.9% of its 52-week high of $16.71,
and 36.8% above its 52-week low of $5.00. Shanda Games Limited(ADR)
(NASDAQ:GAME) is the 11th best-performing stock in this group. It was up 3.0% on
Nov. 15. GAMEs upside potential is 40.4% based on brokerage analysts average
target price of $6.65. It is trading at 61.6% of its 52-week high of $7.70, and
37.0% above its 52-week low of $3.46. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is
the 12nd best-performing stock in this group. It was up 2.7% on Nov. 15. ASIAs
upside potential is 100.9% based on brokerage analysts average target price of
$17.44. It is trading at 37.9% of its 52-week high of $22.91, and 39.8% above
its 52-week low of $6.21. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is
the 13th best-performing stock in this group. It was up 2.7% on Nov. 15. SPRDs
upside potential is 4.4% based on brokerage analysts average target price of
$30.58. It is trading at 98.6% of its 52-week high of $29.70, and 241.0% above
its 52-week low of $8.59. Youku.com Inc (ADR) (NYSE:YOKU) is the 14th
best-performing stock in this group. It was up 2.6% on Nov. 15. YOKUs upside
potential is 43.6% based on brokerage analysts average target price of $29.14.
It is trading at 29.0% of its 52-week high of $69.95, and 47.5% above its
52-week low of $13.76. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is
the 15th best-performing stock in this group. It was up 2.0% on Nov. 15. YGEs
upside potential is 49.4% based on brokerage analysts average target price of
$5.29. It is trading at 26.0% of its 52-week high of $13.59, and 28.7% above its
52-week low of $2.75. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 16th
best-performing stock in this group. It was up 1.3% on Nov. 15. BIDUs upside
potential is 30.6% based on brokerage analysts average target price of $183.86.
It is trading at 84.8% of its 52-week high of $165.96, and 49.2% above its
52-week low of $94.33. CNOOC Limited (ADR) (NYSE:CEO) is the 17th
best-performing stock in this group. It was up 1.3% on Nov. 15. CEOs upside
potential is 10.2% based on brokerage analysts average target price of $221.93.
It is trading at 74.1% of its 52-week high of $271.94, and 42.6% above its
52-week low of $141.27. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 18th
best-performing stock in this group. It was up 1.3% on Nov. 15. JOBSs upside
potential is 52.2% based on brokerage analysts average target price of $64.50.
It is trading at 60.7% of its 52-week high of $69.80, and 15.7% above its
52-week low of $36.62. ZHONGPIN INC. (NASDAQ:HOGS) is the 19th best-performing
stock in this group. It was up 1.2% on Nov. 15. HOGSs upside potential is 74.9%
based on brokerage analysts average target price of $15.92. It is trading at
41.2% of its 52-week high of $22.07, and 37.9% above its 52-week low of $6.60.
Phoenix New Media Ltd ADR (NYSE:FENG) is the 20th best-performing stock in this
group. It was up 1.2% on Nov. 15. FENGs upside potential is 108.4% based on
brokerage analysts average target price of $10.67. It is trading at 33.9% of its
52-week high of $15.09, and 21.9% above its 52-week low of $4.20.
Buy These 2 Chips on Dips!
"Chips and dips" aren't just for Super Bowl parties anymore. In the
markets, they go equally well together, and best of all, you don't regret
overdoing it the next day! Buying chipmakers' call options when their prices
dip means you'll be positioned to potentially double your money when they run
higher. And today, I have two call option trades for you that are designed to do
exactly that. Qualcomm (NASDAQ: QCOM ) – which designs, manufactures and
markets digital wireless telecom products and services based on its code
division multiple access (CDMA) technology and other technologies – is ready
to explode and break out of this weekly bullish ascending triangle. Technical
analysts pay close attention to how long the triangle takes to reach its apex.
The general rule is that prices should break out – that is, clearly penetrate
one of the trendlines somewhere between three-quarters and two-thirds of the
horizontal width of the formation. The breakout, in other words, should occur
well before the pattern reaches the apex of the triangle. This is great news for
a stock like QCOM that is on the cusp of breaking out to new decade highs! The
trade here would be to buy the QCOM Jan 60 Call options on any dip under $1.50 ,
with a price target of $3. Another chip to buy on a dip is ARM Holdings (NASDAQ:
ARMH ) which designs microprocessors, physical intellectual property and
related technology and software, and licenses/sells development tools to
electronics companies – is ready to explode and break out of the 2011 bullish
rectangle, which is also known as an "upside breakout pattern." An upside
breakout occurs when the price of a stock breaks out through the top of a
trading range. This indicates that prices will rise explosively over a period of
days or weeks as an almost vertical uptrend appears. The narrowness of the
trading range can also be used to gauge the breakout. To determine the
narrowness of the trading range, compare the upper boundary with the lower
boundary of the trading range. If the trading range has a small difference
between the upper and lower boundary (making it narrow) then the breakout is
considered stronger and more reliable. The trade here would be to buy the ARMH
Jan 30 Call options on any dip under $2 , with a target price of $4.
markets, they go equally well together, and best of all, you don't regret
overdoing it the next day! Buying chipmakers' call options when their prices
dip means you'll be positioned to potentially double your money when they run
higher. And today, I have two call option trades for you that are designed to do
exactly that. Qualcomm (NASDAQ: QCOM ) – which designs, manufactures and
markets digital wireless telecom products and services based on its code
division multiple access (CDMA) technology and other technologies – is ready
to explode and break out of this weekly bullish ascending triangle. Technical
analysts pay close attention to how long the triangle takes to reach its apex.
The general rule is that prices should break out – that is, clearly penetrate
one of the trendlines somewhere between three-quarters and two-thirds of the
horizontal width of the formation. The breakout, in other words, should occur
well before the pattern reaches the apex of the triangle. This is great news for
a stock like QCOM that is on the cusp of breaking out to new decade highs! The
trade here would be to buy the QCOM Jan 60 Call options on any dip under $1.50 ,
with a price target of $3. Another chip to buy on a dip is ARM Holdings (NASDAQ:
ARMH ) which designs microprocessors, physical intellectual property and
related technology and software, and licenses/sells development tools to
electronics companies – is ready to explode and break out of the 2011 bullish
rectangle, which is also known as an "upside breakout pattern." An upside
breakout occurs when the price of a stock breaks out through the top of a
trading range. This indicates that prices will rise explosively over a period of
days or weeks as an almost vertical uptrend appears. The narrowness of the
trading range can also be used to gauge the breakout. To determine the
narrowness of the trading range, compare the upper boundary with the lower
boundary of the trading range. If the trading range has a small difference
between the upper and lower boundary (making it narrow) then the breakout is
considered stronger and more reliable. The trade here would be to buy the ARMH
Jan 30 Call options on any dip under $2 , with a target price of $4.
Wal-Mart Earnings Disappoint — Again
If recent sales numbers are any indication, Wal-Mart (NYSE: WMT ) could be
getting a lump of coal in its stocking this holiday shopping season. Earnings
for the third quarter reported Tuesday continued the recent downward spiral for
the big-box retailer. Costs ate up sales gains at Wal-Mart, profits shrank and
the big-box giants full-year forecast was slightly lower than analysts expected.
It's just the latest in a disappointing stretch of quarterly reports that show
other discounters are thriving and the king of retail has fallen on hard times
and that a much-needed turnaround might be unlikely amid the crucial holiday
shopping period. The worlds largest retailer has struggled with same-store sales
weakness in the U.S. It's counterintuitive, since persistently high
unemployment would appear to work in the favor of discounters like Wal-Mart. But
the fact is, smaller bargain shops like Dollar General (NYSE: DG ) and Dollar
Tree (NASDAQ: DLTR ) have been eating Wal-Mart's lunch. Dollar Tree has seen
12 straight quarters of year-over-year profit growth, and Dollar General has
seen 10 in a row. Meanwhile, Wal-Mart has struggled just to stay stable.
Same-store sales had slumped for nine consecutive quarters before the latest
earnings report snapped that slide. And unfortunately, even though WMT sales and
revenue have improved this past quarter, there was little impact on the bottom
line. Margins slipped and the cost of sales rose 8.9% meaning stronger Wal-Mart
sales didn't translate into profits this time around. Hence a profit of just
$3.34 billion, down from $3.44 billion a year earlier. Shares of Wal-Mart opened
about 2% lower this morning. But if you look at the broader downward trend of
the stock, investors should be wary of seeing WMT as a bargain after this
selloff. Shares had popped to a new 52-week high before earnings, but the
disappointing numbers indicate there might have been some irrational enthusiasm.
What's more, even after this "pop," shares were only up 7% in the last
year beating the market by a tad, but hardly impressive. It seems a risky
proposition to depend on a brisk holiday showing from Wal-Mart in the fourth
quarter after these earnings, so perhaps it is best to steer clear of this
retailer for now. Jeff Reeves is the editor of InvestorPlace.com. Write him at
editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a
fan of InvestorPlace on Facebook . As of this writing, he did not own a position
in any of the aforementioned stocks.
getting a lump of coal in its stocking this holiday shopping season. Earnings
for the third quarter reported Tuesday continued the recent downward spiral for
the big-box retailer. Costs ate up sales gains at Wal-Mart, profits shrank and
the big-box giants full-year forecast was slightly lower than analysts expected.
It's just the latest in a disappointing stretch of quarterly reports that show
other discounters are thriving and the king of retail has fallen on hard times
and that a much-needed turnaround might be unlikely amid the crucial holiday
shopping period. The worlds largest retailer has struggled with same-store sales
weakness in the U.S. It's counterintuitive, since persistently high
unemployment would appear to work in the favor of discounters like Wal-Mart. But
the fact is, smaller bargain shops like Dollar General (NYSE: DG ) and Dollar
Tree (NASDAQ: DLTR ) have been eating Wal-Mart's lunch. Dollar Tree has seen
12 straight quarters of year-over-year profit growth, and Dollar General has
seen 10 in a row. Meanwhile, Wal-Mart has struggled just to stay stable.
Same-store sales had slumped for nine consecutive quarters before the latest
earnings report snapped that slide. And unfortunately, even though WMT sales and
revenue have improved this past quarter, there was little impact on the bottom
line. Margins slipped and the cost of sales rose 8.9% meaning stronger Wal-Mart
sales didn't translate into profits this time around. Hence a profit of just
$3.34 billion, down from $3.44 billion a year earlier. Shares of Wal-Mart opened
about 2% lower this morning. But if you look at the broader downward trend of
the stock, investors should be wary of seeing WMT as a bargain after this
selloff. Shares had popped to a new 52-week high before earnings, but the
disappointing numbers indicate there might have been some irrational enthusiasm.
What's more, even after this "pop," shares were only up 7% in the last
year beating the market by a tad, but hardly impressive. It seems a risky
proposition to depend on a brisk holiday showing from Wal-Mart in the fourth
quarter after these earnings, so perhaps it is best to steer clear of this
retailer for now. Jeff Reeves is the editor of InvestorPlace.com. Write him at
editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a
fan of InvestorPlace on Facebook . As of this writing, he did not own a position
in any of the aforementioned stocks.
Gold, Silver Higher Amid Positive October Retail, PPI Reports
Gold and silver were moving higher in morning trading Tuesday, as the Commerce
Department reported higher-than-expected U.S. retail sales and the Labor
Department reported an October Produce Price Index that was much lower than
expected. Eurostat reported that the 27-nation European Union economy grew a
slight 0.2% in this years third quarter, driven by growth in France and Germany.
The U.S. PPI registered its largest drop in 20 months in October, falling 0.3%,
according to the Labor Departments report, while October retail sales rose 0.5%
, according to the Commerce Department. Spot gold was about 0.25% higher around
10 a.m. Tuesday, while spot silver was up nearly 1.6%. Spot gold was bid at
$1,785 per ounce with an ask price of $1,786 as of 10 a.m., having traded as
high as $1,787.90 and as low as $1,768.60. The London morning reference price
was set at $1,765, according to Kitco market data . Spot silver was bid at
$34.78 per ounce with an ask price of $34.88. The morning high as of time of
writing was $34.94, and the low was $34.14. Mondays reference price was set at
$34.02 in the London a.m. Gold and silver trusts were moving higher early
Tuesday. The SPDR Gold Trust (NYSE: GLD ) was about 0.2% higher. The iShares
Gold Trust (NYSE: IAU ) also was around 0.2% higher. The iShares Silver Trust
(NYSE: SLV ) was up around 1.15%. Gold and silver mining ETFs were showing small
losses. The Market Vectors Gold Miners ETF (NYSE: GDX ) was trading flat. The
Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was nearly 0.7% lower. The
Global X Silver Miners ETF (NYSE: SIL ) was around 0.8% lower. Shares of gold
and silver miners were moving lower. Agnico-Eagle Mines (NYSE: AEM ) was some
0.7% higher. Barrick Gold Corp. (NYSE: ABX ) was showing losses of about 0.1%.
Goldcorp (NYSE: GG ) was down between 0.7% and 1%. Newmont Mining Corp. (NYSE:
NEM ) was showing losses of between 0.5% and 0.6%. NovaGold Resources (AMEX: NG
) was down around 0.9%. Silver miners shares were showing losses as well. Coeur
dAlene Mines Corp. (NYSE: CDE ) was around 1% lower. Hecla Mining (NYSE: HL )
was down around 0.9%. Pan American Silver Corp. (NASDAQ: PAAS ) was between 0.5%
and 0.8% lower. Silver Wheaton Corp. (NYSE: SLW ) was about 0.6% lower. Silver
Standard Resources Inc. (NASDAQ: SSRI ) was down around 1.65%. As of this
writing, Andrew Burger did not own a position in any of the aforementioned
stocks.
Department reported higher-than-expected U.S. retail sales and the Labor
Department reported an October Produce Price Index that was much lower than
expected. Eurostat reported that the 27-nation European Union economy grew a
slight 0.2% in this years third quarter, driven by growth in France and Germany.
The U.S. PPI registered its largest drop in 20 months in October, falling 0.3%,
according to the Labor Departments report, while October retail sales rose 0.5%
, according to the Commerce Department. Spot gold was about 0.25% higher around
10 a.m. Tuesday, while spot silver was up nearly 1.6%. Spot gold was bid at
$1,785 per ounce with an ask price of $1,786 as of 10 a.m., having traded as
high as $1,787.90 and as low as $1,768.60. The London morning reference price
was set at $1,765, according to Kitco market data . Spot silver was bid at
$34.78 per ounce with an ask price of $34.88. The morning high as of time of
writing was $34.94, and the low was $34.14. Mondays reference price was set at
$34.02 in the London a.m. Gold and silver trusts were moving higher early
Tuesday. The SPDR Gold Trust (NYSE: GLD ) was about 0.2% higher. The iShares
Gold Trust (NYSE: IAU ) also was around 0.2% higher. The iShares Silver Trust
(NYSE: SLV ) was up around 1.15%. Gold and silver mining ETFs were showing small
losses. The Market Vectors Gold Miners ETF (NYSE: GDX ) was trading flat. The
Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was nearly 0.7% lower. The
Global X Silver Miners ETF (NYSE: SIL ) was around 0.8% lower. Shares of gold
and silver miners were moving lower. Agnico-Eagle Mines (NYSE: AEM ) was some
0.7% higher. Barrick Gold Corp. (NYSE: ABX ) was showing losses of about 0.1%.
Goldcorp (NYSE: GG ) was down between 0.7% and 1%. Newmont Mining Corp. (NYSE:
NEM ) was showing losses of between 0.5% and 0.6%. NovaGold Resources (AMEX: NG
) was down around 0.9%. Silver miners shares were showing losses as well. Coeur
dAlene Mines Corp. (NYSE: CDE ) was around 1% lower. Hecla Mining (NYSE: HL )
was down around 0.9%. Pan American Silver Corp. (NASDAQ: PAAS ) was between 0.5%
and 0.8% lower. Silver Wheaton Corp. (NYSE: SLW ) was about 0.6% lower. Silver
Standard Resources Inc. (NASDAQ: SSRI ) was down around 1.65%. As of this
writing, Andrew Burger did not own a position in any of the aforementioned
stocks.
Did the GOP Presidential Debate Help Investors Decide?
CNBC is unquestionably the premier business and investing television network,
so it would make sense that CNBC would host a debate between Republicans vying
for their party's nomination. It also would make sense if that debate was
focused on business and the economy and aimed at addressing the concerns of
individual investors. But how much did investors learn about how each Republican
would approach the titanic tasks of spurring economic growth, creating jobs and
bringing stability back into the financial markets? We learned a lot about the
candidates' big-picture approach, but little about how each candidate would
actually attempt to solve these problems. Now in fairness, the debate format
isn't conducive to a detailed policy analysis, so we shouldn't have expected
a lot on that front. Still, what we, as investors, wanted to hear was some
specifics on how each candidate would address the major economic concerns of the
day. Here are some of the comments that stuck out in my mind as being
representative of the evening's repartee: What Say You? The leadoff question
by moderator Maria Bartiromo, which was directed toward businessman Herman Cain,
was nearly word for word the question I wrote for my Traders Reserve colleague
John Hutchinson, who was right there among the phalanx of journalists asking
tough questions of the candidates in the pre-debate press sessions. Bartiromo
asked, "Once again, we were all impacted by the news that the Dow Jones
Industrial Average dropped 400 points today. The reason: Italy is on the brink
of financial disaster. It is the world's seventh largest economy. As
president, what will you do to make sure that their problems do not take down
the U.S. financial system?" Cain responded with what became the overriding
themes of the night for nearly all of the candidates, and that was by saying
that the keys to nearly all of our economic ills was to grow the U.S. economy
and to reform our monetary policy. Cain said that we aren't going to grow the
economy until we "put some fuel in the engine that drives economic growth,
which is the business sector." He then said that we "must assure that our
currency is sound. Just like a dollar must be a dollar when we wake up in the
morning, just like 60 minutes is in an hour, a dollar must be a dollar." Cain
added that if we shore up our own fiscal house, we will be in much better
position to survive the economic downpour caused by Europe's woes. The
follow-up question from CNBC firebrand Jim Cramer focused on Italy's status as
too big to fail, and he wanted to know if the candidates were prepared to put
the global banking system at risk by essentially staying out of any European
bailout. Not surprisingly, the most philosophically consistent candidate on the
stage, Rep. Ron Paul of Texas, said he favored the liquidation of European debt
and a laissez-faire approach that would stop the bailout-to-bubble economic
cycles perpetuated by governmental meddling in the economy and markets. That
theme was picked up by Massachusetts Gov. Mitt Romney, who said, "My view is
no, no, no. We do not need to step in to bail out banks either in Europe or
banks here in the U.S. that may have Italian debt." The anti-bailout theme
continued to ring out from the rest of the candidates throughout the night. Even
the most populist candidate, former Utah Gov. John Huntsman, came in against the
bailouts, saying. "So long as we have banks too big to fail, we are setting
ourselves up for long-term disaster and failure."
so it would make sense that CNBC would host a debate between Republicans vying
for their party's nomination. It also would make sense if that debate was
focused on business and the economy and aimed at addressing the concerns of
individual investors. But how much did investors learn about how each Republican
would approach the titanic tasks of spurring economic growth, creating jobs and
bringing stability back into the financial markets? We learned a lot about the
candidates' big-picture approach, but little about how each candidate would
actually attempt to solve these problems. Now in fairness, the debate format
isn't conducive to a detailed policy analysis, so we shouldn't have expected
a lot on that front. Still, what we, as investors, wanted to hear was some
specifics on how each candidate would address the major economic concerns of the
day. Here are some of the comments that stuck out in my mind as being
representative of the evening's repartee: What Say You? The leadoff question
by moderator Maria Bartiromo, which was directed toward businessman Herman Cain,
was nearly word for word the question I wrote for my Traders Reserve colleague
John Hutchinson, who was right there among the phalanx of journalists asking
tough questions of the candidates in the pre-debate press sessions. Bartiromo
asked, "Once again, we were all impacted by the news that the Dow Jones
Industrial Average dropped 400 points today. The reason: Italy is on the brink
of financial disaster. It is the world's seventh largest economy. As
president, what will you do to make sure that their problems do not take down
the U.S. financial system?" Cain responded with what became the overriding
themes of the night for nearly all of the candidates, and that was by saying
that the keys to nearly all of our economic ills was to grow the U.S. economy
and to reform our monetary policy. Cain said that we aren't going to grow the
economy until we "put some fuel in the engine that drives economic growth,
which is the business sector." He then said that we "must assure that our
currency is sound. Just like a dollar must be a dollar when we wake up in the
morning, just like 60 minutes is in an hour, a dollar must be a dollar." Cain
added that if we shore up our own fiscal house, we will be in much better
position to survive the economic downpour caused by Europe's woes. The
follow-up question from CNBC firebrand Jim Cramer focused on Italy's status as
too big to fail, and he wanted to know if the candidates were prepared to put
the global banking system at risk by essentially staying out of any European
bailout. Not surprisingly, the most philosophically consistent candidate on the
stage, Rep. Ron Paul of Texas, said he favored the liquidation of European debt
and a laissez-faire approach that would stop the bailout-to-bubble economic
cycles perpetuated by governmental meddling in the economy and markets. That
theme was picked up by Massachusetts Gov. Mitt Romney, who said, "My view is
no, no, no. We do not need to step in to bail out banks either in Europe or
banks here in the U.S. that may have Italian debt." The anti-bailout theme
continued to ring out from the rest of the candidates throughout the night. Even
the most populist candidate, former Utah Gov. John Huntsman, came in against the
bailouts, saying. "So long as we have banks too big to fail, we are setting
ourselves up for long-term disaster and failure."
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If Gold Price Closes Over $1,800 Two Days Running, Don’t Wait Buy Fistfuls
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1781.70 Change : 3.90 or 0.2% Silver Price Close Today : 3444.8 Change : 43.5 cents or 1.3% Gold Silver Ratio Today : 51.721 Change : -0.547 or -1.0% Silver Gold Ratio Today : 0.01933 Change : 0.000202 or 1.1% Platinum Price Close Today : 1639.70 Change : -4.70 or -0.3% Palladium Price Close Today : 665.25 Change : 0.35 or 0.1% S&P 500 : 1,257.81 Change : 6.03 or 0.5% Dow In GOLD$ : $140.34 Change : $ (0.09) or -0.1% Dow in GOLD oz : 6.789 Change : -0.005 or -0.1% Dow in SILVER oz : 351.14 Change : -3.99 or -1.1% Dow Industrial : 12,096.16 Change : 17.18 or 0.1% US Dollar Index : 77,843.00 Change : -0.279 or 0.0% The GOLD PRICE revealed almost nothing today, although it did rise $3.90 to close Comex at $1,781.70. Range was $1,785.38 to $1,7650.28, so I reckon that close qualifies as a successful defense of $1,775 support. The issue remains in doubt, and will only be clarified by (1) gold closing above $1,800 for two days, or (2) gold dropping below $1,775 – $1,750. With every fiat currency in the world on the run, why would I question buying gold, and never mind the little downside risk? I don’t know. Maybe I’m letting the best become the enemy of the good. This much is sure: if the GOLD PRICE closes over $1,800 two days running, stop waiting and buy fistfuls. The SILVER PRICE kept her cards close to her chest today. High came at 3479, low at 3370c. Comex silver gained 43.5c to end at 3444.8c. This keeps the SILVER PRICE within the uptrend line, barely, and above the 3369c 20 dma. Whoa! But look up there at 3442c and 3670! That’s the 50 dma and 200 dma. Silver speaks with forkéd tongue, and I’m not sure which fork to listen to. Once again, we are left looking at a range, waiting for a breakout up or down. Below silver must hold 3380c, above it must clear 3480c. Till then, we are simply waiting. For those who missed the correction, I repeat here that yesterday’s commentary omitted one critical element. It should have read, “If back earlier this year you swapped out of silver into gold AT ANY REALIZED GOLD/ SILVER RATIO OF 38:1 OR LOWER . . .” If your realized ratio was higher than 38:1, you can check with us about swapping now, but your realized gain in ounces would be less. This recommendation hath but one purpose and cause: taking money off the table. Anytime you can realize a 37% profit, you ought to do it. I apologize for the confusion. Most of the time I run around here like a cat with his tail on fire, so I’m doing good not to make more mistakes. I wonder why platinum and palladium both are stalled in their uptrends. ‘Tain’t comforting. Markets offered no concrete resolution today, just hovering around tops of recent ranges. I keep wondering (unsophisticated, natural born durn’d fool that I am) whether anybody has noticed that the European bank solvency crisis still has not been fixed, not even by installing these latest two bank-owned fixer shills in Italy and Greece. Should that crisis come unglued, it will take the EU and the euro with it. I’m not predicting, just counting the possible costs. STOCKS dithered, sinking as low as 11,993 by noon, then rising above unchanged to close at a measly 17.18 (0.48%) gain, 12,096.16. S&P500 showed a little more spunk, up 6.03 or 1.62%, but spunk without muscle is just feckless braggadocio. Dow is building (end-October till now) an even-side triangle which gives little clue which way it will resolve. Course, I could be reading it wrong and that could be a kiss-o’-death rising wedge I see. Either way, the upside hope is both limited and quixotic, and the downside expectation as sure as misplacing your car keys when you’re in a dead rush. I reckon most everybody is as prejudiced against the sorry US dollar as I am, so none of us expect anything. That’s just a perfect set-up for a bad surprise, and one reason I’ve kept on saying a dollar rally is likely, fundamentals notwithstanding. Today the dollar rose 27.9 basis points (0.36%) to 77.843, building on yesterday’s surge and shoving the dollar to the top of its five-day range. A push through 78.20 will send the bears loping for their dens. Dollar would have to close below 76.50 to dash my hopes of a rally. Don’t misunderstand. I’m not looking for a rally because the dollar is strong or well-managed. It’s not. It’s sorry as gully dirt, but right now its not AS sorry as the euro, and the crisis there is sending the tired, the scared, and the terrorized fleeing into the buck. Yeah, buddy, that euro really shone today. Dropped 0.75% to 1.3532. Gapped down, in fact, never a good sign. If y’all are planning a European vacation, wait a while to buy your euros. You’ll probably be able to buy ‘em under 1.2000. The yen continues to climb into the gap it left behind when the Nice Government Men whacked it at end-October. Today it surmounted its 20 dma (129.60) to close at 129.74. That’s about where it closed yesterday, but the 20 dma is dropping. Will climb till the NGM hit it again. Predictably enough in our world of illusion, the yen is intrinsically even sorrier than the US dollar, as worthless as a three-legged mule, but all the deluded view it as a safe haven. Looking at the yen makes me remember that at least on gully dirt you can grow kudzu. 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.
How Investors Should Approach Physical Gold
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace "Money will always flow toward opportunity," Warren Buffett has said — and that as much as anything explains why the price of gold has jumped and slumped this year. Investors, who hedged against fallout from Europe's default threats in 2010, engaged in profit-taking early this year. Since then, the market has swung wildly from rally to selloff — and back to rally. Since Jan. 1, gold is up about 30%, but it has been a bumpy ride. Over the past 60 days alone, the yellow metal has swung from a high of nearly $1,900 to a low of about $1,600 and back up to $1,780 — with several peaks and valleys in between. While short-term gold speculators cashed in on the volatility play, 2011 has been more of a dizzying ride than an opportunity for income investors. Despite the volatility — or perhaps because of it — having a little gold in some form makes sense for a well-diversified portfolio. But what form makes sense? Gold bugs have long touted the virtues of investing in physical gold over gold stocks or funds: intrinsic value, inflation protection and the confidence of being able to hold that tangible asset in your hand. But those who prefer gold-focused equities or exchange-traded funds cite the problems with physical gold, which include storage, transport and security. Since you can't slice a gold bar into small pieces, investors also need to ante up big when investing in physical gold. Gold exchange-traded funds also have tax advantages over holding physical gold. Maybe that's why Buffett is down on the idea of investing in physical gold , as he pointed out in his famous "gold fondling" interview with CNBC back in March. The "Oracle of Omaha" differentiates between assets like stocks or farms, which produce something, and commodities like gold, which don't. "Gold is a way of going along on fear, and it’s been a pretty good way of going along on fear from time to time," Buffett said. "But you really have to hope people become more afraid in the year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money." Buffett illustrated the speculative nature of buying physical gold bullion or coins in this way: If you melted down all the gold in the world, you'd have a cube 67 feet high and worth (at March market prices) about $7 trillion. That amounts to about a third of the value of all the stocks in the U.S. Given the choice of owning a third of the stocks and that cube of gold, Buffett would choose the stocks in a heartbeat, because all the gold can do is "stand here and look pretty.” No doubt about it, Buffett is putting his money where his mouth is. As InvestorPlace Editor Jeff Reeves pointed out this week , he's just sunk $10.7 billion into IBM (NYSE: IBM ) shares alone as part of a $24 billion stock spending spree. But Buffett's derision hasn't tempered the physical gold bulls' enthusiasm. At Monday's City of Gold conference in Dubai, Standard Bank's Walter de Wet predicted that physical gold would outsell gold ETFs by 500% this year . With so many conflicting opinions, is now the time to add physical gold to your portfolio? For most investors, the answer probably is no. Unless you have nerves of steel and understand the nuances of short positions, gold-backed ETFs might be a better play for value investors now. Consider funds like SPDR Gold Shares (NYSE: GLD ) and iShares Gold Trust (NYSE: IAU ), both of which are backed by physical gold on deposit. Because the funds trade over the exchange just like stocks, they're easier to buy and sell. The up-front investment is far lower than with physical gold and they give investors liquid exposure to the sector. Gold mining stocks like Barrick Gold (NYSE: ABX ), Goldcorp (NYSE: GG ) or Newmont Mining (NYSE: NEM ) are another way to play gold, although they’re not the same thing as shares in a gold-backed fund. Market Vectors Gold Mining ETF (NYSE: GDX ) is an easy way to gain exposure to multiple companies in the sector. As of this writing, Susan J. Aluise did not hold a position in any of the aforementioned stocks.
Tuesday Apple Rumors — Apple Dividend Under Cook?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are your Apple rumors and AAPL stock news items for Tuesday: Apple Dividend Could Bring in $4 Billion in New Investment: Apple has caught no small amount of flack over the years for not paying a dividend, but now that Tim Cook is steering the good ship out of Cupertino, Calif., that policy might change. International Strategy & Investment Group analyst Brian Marshall believes the company will begin paying out a dividend in 2012 as part of a wider plan to maximize the efficiency of the company’s capital structure. An Apple Insider report said the analyst’s thinks Apple can “easily” pay a dividend of around $2.40 per quarter , or a roughly 2.5% yield on current AAPL stock prices. That would tie up some of Apple’s free cash flow by as much as 25%, but Marshall also believes yielding such a dividend could bring in $4 billion in new investments. With more than $76 billion in cash stockpiled, Wall Street has been calling for Apple to begin paying out a dividend or initiate an AAPL stock buyback for months. As of now, though, with the Apple machine generating consistent and impressive growth, investors shouldn’t count on broad changes to the company’s business operations. Android Still On Top, Apple Still Making More Money in Smartphones: Research company Gartner released its report Tuesday on the global smartphone market for the third quarter of 2011. According to a report at Mac Rumors detailing the firm’s findings, Apple’s share of the market shrank, but it’s still running off with the greatest profits. By platform and not manufacturer, Google ‘s (NASDAQ: GOOG ) Android led the market with 52.5% of phones sold over the third quarter running that operating system. Nokia ‘s (NYSE: NOK ) Symbian came in second with 16.9%, down from 36.3% during the same period in 2010. Apple took a 15% share, down from 16.6% in 2010. As a study from the Oppenheimer firm found, though, Apple’s iPhone accounts for 65% of total smartphone profits . Netflix Making New iPad App: Sure, users and investors still are angry at Netflix (NASDAQ: NFLX ). The company is at least making amends with iPad users, though. A Tuesday report at 9 to 5 Mac quoting a Netflix blog post said that the streaming video company will deliver a new version of its app for Apple’s tablet with a “much more immersive” design sometime in the next few weeks. Part of the impetus for the redesign is to cater to new tablet users not just on the iPad, but on Amazon ‘s (NASDAQ: AMZN ) Kindle Fire and Barnes & Noble ‘s (NYSE: BKS ) new Nook Tablet. As of this writing, Anthony John Agnello did not own a position in any of the aforementioned stocks. Follow him on Twitter at
Why Italy and Greece Aren’t Harbingers for America
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Two European leaders have finally "fallen on their swords" in surrender to financial realities, making way for some new, serious-minded reformist leaders. First, Greek Prime Minister George Papandreou agreed to step down, in conjunction with a new coalition government headed by Lucas Papademos, a former vice president of the European Central Bank (ECB) and an MIT-trained economist. Then, Italy's Prime Minister Silvio Berlusconi resigned on Saturday. On Sunday, Italy's President Giorgio Napolitano appointed economist Mario Monti as Italy's prime minister. It's now up to the Italian Parliament to act. As a result of this high-level game of "chicken," the yield on Italian bonds soared past 7% last Wednesday, before retreating later in the week. But it climbed back above that alarming benchmark on Tuesday.
How Investors Should Approach Physical Gold
"Money will always flow toward opportunity," Warren Buffett has said and
that as much as anything explains why the price of gold has jumped and slumped
this year. Investors, who hedged against fallout from Europe's default threats
in 2010, engaged in profit-taking early this year. Since then, the market has
swung wildly from rally to selloff and back to rally. Since Jan. 1, gold is up
about 30%, but it has been a bumpy ride. Over the past 60 days alone, the yellow
metal has swung from a high of nearly $1,900 to a low of about $1,600 and back
up to $1,780 with several peaks and valleys in between. While short-term gold
speculators cashed in on the volatility play, 2011 has been more of a dizzying
ride than an opportunity for income investors. Despite the volatility or
perhaps because of it having a little gold in some form makes sense for a
well-diversified portfolio. But what form makes sense? Gold bugs have long
touted the virtues of investing in physical gold over gold stocks or funds:
intrinsic value, inflation protection and the confidence of being able to hold
that tangible asset in your hand. But those who prefer gold-focused equities or
exchange-traded funds cite the problems with physical gold, which include
storage, transport and security. Since you can't slice a gold bar into small
pieces, investors also need to ante up big when investing in physical gold. Gold
exchange-traded funds also have tax advantages over holding physical gold. Maybe
that's why Buffett is down on the idea of investing in physical gold , as he
pointed out in his famous "gold fondling" interview with CNBC back in March.
The "Oracle of Omaha" differentiates between assets like stocks or farms,
which produce something, and commodities like gold, which don't. "Gold is a
way of going along on fear, and its been a pretty good way of going along on
fear from time to time," Buffett said. "But you really have to hope people
become more afraid in the year or two years than they are now. And if they
become more afraid you make money, if they become less afraid you lose money."
Buffett illustrated the speculative nature of buying physical gold bullion or
coins in this way: If you melted down all the gold in the world, you'd have a
cube 67 feet high and worth (at March market prices) about $7 trillion. That
amounts to about a third of the value of all the stocks in the U.S. Given the
choice of owning a third of the stocks and that cube of gold, Buffett would
choose the stocks in a heartbeat, because all the gold can do is "stand here
and look pretty. No doubt about it, Buffett is putting his money where his mouth
is. As InvestorPlace Editor Jeff Reeves pointed out this week , he's just sunk
$10.7 billion into IBM (NYSE: IBM ) shares alone as part of a $24 billion stock
spending spree. But Buffett's derision hasn't tempered the physical gold
bulls' enthusiasm. At Monday's City of Gold conference in Dubai, Standard
Bank's Walter de Wet predicted that physical gold would outsell gold ETFs by
500% this year . With so many conflicting opinions, is now the time to add
physical gold to your portfolio? For most investors, the answer probably is no.
Unless you have nerves of steel and understand the nuances of short positions,
gold-backed ETFs might be a better play for value investors now. Consider funds
like SPDR Gold Shares (NYSE: GLD ) and iShares Gold Trust (NYSE: IAU ), both of
which are backed by physical gold on deposit. Because the funds trade over the
exchange just like stocks, they're easier to buy and sell. The up-front
investment is far lower than with physical gold and they give investors liquid
exposure to the sector. Gold mining stocks like Barrick Gold (NYSE: ABX ),
Goldcorp (NYSE: GG ) or Newmont Mining (NYSE: NEM ) are another way to play
gold, although theyre not the same thing as shares in a gold-backed fund. Market
Vectors Gold Mining ETF (NYSE: GDX ) is an easy way to gain exposure to multiple
companies in the sector. As of this writing, Susan J. Aluise did not hold a
position in any of the aforementioned stocks.
that as much as anything explains why the price of gold has jumped and slumped
this year. Investors, who hedged against fallout from Europe's default threats
in 2010, engaged in profit-taking early this year. Since then, the market has
swung wildly from rally to selloff and back to rally. Since Jan. 1, gold is up
about 30%, but it has been a bumpy ride. Over the past 60 days alone, the yellow
metal has swung from a high of nearly $1,900 to a low of about $1,600 and back
up to $1,780 with several peaks and valleys in between. While short-term gold
speculators cashed in on the volatility play, 2011 has been more of a dizzying
ride than an opportunity for income investors. Despite the volatility or
perhaps because of it having a little gold in some form makes sense for a
well-diversified portfolio. But what form makes sense? Gold bugs have long
touted the virtues of investing in physical gold over gold stocks or funds:
intrinsic value, inflation protection and the confidence of being able to hold
that tangible asset in your hand. But those who prefer gold-focused equities or
exchange-traded funds cite the problems with physical gold, which include
storage, transport and security. Since you can't slice a gold bar into small
pieces, investors also need to ante up big when investing in physical gold. Gold
exchange-traded funds also have tax advantages over holding physical gold. Maybe
that's why Buffett is down on the idea of investing in physical gold , as he
pointed out in his famous "gold fondling" interview with CNBC back in March.
The "Oracle of Omaha" differentiates between assets like stocks or farms,
which produce something, and commodities like gold, which don't. "Gold is a
way of going along on fear, and its been a pretty good way of going along on
fear from time to time," Buffett said. "But you really have to hope people
become more afraid in the year or two years than they are now. And if they
become more afraid you make money, if they become less afraid you lose money."
Buffett illustrated the speculative nature of buying physical gold bullion or
coins in this way: If you melted down all the gold in the world, you'd have a
cube 67 feet high and worth (at March market prices) about $7 trillion. That
amounts to about a third of the value of all the stocks in the U.S. Given the
choice of owning a third of the stocks and that cube of gold, Buffett would
choose the stocks in a heartbeat, because all the gold can do is "stand here
and look pretty. No doubt about it, Buffett is putting his money where his mouth
is. As InvestorPlace Editor Jeff Reeves pointed out this week , he's just sunk
$10.7 billion into IBM (NYSE: IBM ) shares alone as part of a $24 billion stock
spending spree. But Buffett's derision hasn't tempered the physical gold
bulls' enthusiasm. At Monday's City of Gold conference in Dubai, Standard
Bank's Walter de Wet predicted that physical gold would outsell gold ETFs by
500% this year . With so many conflicting opinions, is now the time to add
physical gold to your portfolio? For most investors, the answer probably is no.
Unless you have nerves of steel and understand the nuances of short positions,
gold-backed ETFs might be a better play for value investors now. Consider funds
like SPDR Gold Shares (NYSE: GLD ) and iShares Gold Trust (NYSE: IAU ), both of
which are backed by physical gold on deposit. Because the funds trade over the
exchange just like stocks, they're easier to buy and sell. The up-front
investment is far lower than with physical gold and they give investors liquid
exposure to the sector. Gold mining stocks like Barrick Gold (NYSE: ABX ),
Goldcorp (NYSE: GG ) or Newmont Mining (NYSE: NEM ) are another way to play
gold, although theyre not the same thing as shares in a gold-backed fund. Market
Vectors Gold Mining ETF (NYSE: GDX ) is an easy way to gain exposure to multiple
companies in the sector. As of this writing, Susan J. Aluise did not hold a
position in any of the aforementioned stocks.
Microsoft Corporation (NASDAQ:MSFT) Providing IT Skills
Microsoft Corporation (NASDAQ:MSFT) IT Academy is working with students to
provide critical technology skills. Microsoft Corporation (NASDAQ:MSFT)
Providing IT Skills The Microsoft Corporation (NASDAQ:MSFT) IT Academy is
providing a complete IT education solution to change the lives of young
students. The IT program enables students to gain the skills they need to be
successful in college and their careers. The program helps drive employability,
digital literacy and 21st-century workforce development for students. Under the
program educational institutions get equipped with the structure for a program
that has the instant recognition and credibility of the Microsoft Corporation
(NASDAQ:MSFT) brand, with the program bringing together students, educators and
communities, offering IT training and certification on the latest Microsoft
Corporation (NASDAQ:MSFT) technologies. Microsoft Corp. (NASDAQ:MSFT) shares
were at 26.76 at the end of the last days trading. Theres been a 7.2% 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 89 in the industry
provide critical technology skills. Microsoft Corporation (NASDAQ:MSFT)
Providing IT Skills The Microsoft Corporation (NASDAQ:MSFT) IT Academy is
providing a complete IT education solution to change the lives of young
students. The IT program enables students to gain the skills they need to be
successful in college and their careers. The program helps drive employability,
digital literacy and 21st-century workforce development for students. Under the
program educational institutions get equipped with the structure for a program
that has the instant recognition and credibility of the Microsoft Corporation
(NASDAQ:MSFT) brand, with the program bringing together students, educators and
communities, offering IT training and certification on the latest Microsoft
Corporation (NASDAQ:MSFT) technologies. Microsoft Corp. (NASDAQ:MSFT) shares
were at 26.76 at the end of the last days trading. Theres been a 7.2% 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 89 in the industry
If Gold Price Closes Over $1,800 Two Days Running, Don't Wait Buy Fistfuls
Gold Price Close Today : 1781.70 Change : 3.90 or 0.2% Silver Price Close Today
: 3444.8 Change : 43.5 cents or 1.3% Gold Silver Ratio Today : 51.721 Change :
-0.547 or -1.0% Silver Gold Ratio Today : 0.01933 Change : 0.000202 or 1.1%
Platinum Price Close Today : 1639.70 Change : -4.70 or -0.3% Palladium Price
Close Today : 665.25 Change : 0.35 or 0.1% S&P 500 : 1,257.81 Change : 6.03 or
0.5% Dow In GOLD$ : $140.34 Change : $ (0.09) or -0.1% Dow in GOLD oz : 6.789
Change : -0.005 or -0.1% Dow in SILVER oz : 351.14 Change : -3.99 or -1.1% Dow
Industrial : 12,096.16 Change : 17.18 or 0.1% US Dollar Index : 77,843.00 Change
: -0.279 or 0.0% The GOLD PRICE revealed almost nothing today, although it did
rise $3.90 to close Comex at $1,781.70. Range was $1,785.38 to $1,7650.28, so I
reckon that close qualifies as a successful defense of $1,775 support. The issue
remains in doubt, and will only be clarified by (1) gold closing above $1,800
for two days, or (2) gold dropping below $1,775 - $1,750. With every fiat
currency in the world on the run, why would I question buying gold, and never
mind the little downside risk? I don't know. Maybe I'm letting the best become
the enemy of the good. This much is sure: if the GOLD PRICE closes over $1,800
two days running, stop waiting and buy fistfuls. The SILVER PRICE kept her cards
close to her chest today. High came at 3479, low at 3370c. Comex silver gained
43.5c to end at 3444.8c. This keeps the SILVER PRICE within the uptrend line,
barely, and above the 3369c 20 dma. Whoa! But look up there at 3442c and 3670!
That's the 50 dma and 200 dma. Silver speaks with forkéd tongue, and I'm not
sure which fork to listen to. Once again, we are left looking at a range,
waiting for a breakout up or down. Below silver must hold 3380c, above it must
clear 3480c. Till then, we are simply waiting. For those who missed the
correction, I repeat here that yesterday's commentary omitted one critical
element. It should have read, "If back earlier this year you swapped out of
silver into gold AT ANY REALIZED GOLD/ SILVER RATIO OF 38:1 OR LOWER . . ." If
your realized ratio was higher than 38:1, you can check with us about swapping
now, but your realized gain in ounces would be less. This recommendation hath
but one purpose and cause: taking money off the table. Anytime you can realize a
37% profit, you ought to do it. I apologize for the confusion. Most of the time
I run around here like a cat with his tail on fire, so I'm doing good not to
make more mistakes. I wonder why platinum and palladium both are stalled in
their uptrends. 'Tain't comforting. Markets offered no concrete resolution
today, just hovering around tops of recent ranges. I keep wondering
(unsophisticated, natural born durn'd fool that I am) whether anybody has
noticed that the European bank solvency crisis still has not been fixed, not
even by installing these latest two bank-owned fixer shills in Italy and Greece.
Should that crisis come unglued, it will take the EU and the euro with it. I'm
not predicting, just counting the possible costs. STOCKS dithered, sinking as
low as 11,993 by noon, then rising above unchanged to close at a measly 17.18
(0.48%) gain, 12,096.16. S&P500 showed a little more spunk, up 6.03 or 1.62%,
but spunk without muscle is just feckless braggadocio. Dow is building
(end-October till now) an even-side triangle which gives little clue which way
it will resolve. Course, I could be reading it wrong and that could be a
kiss-o'-death rising wedge I see. Either way, the upside hope is both limited
and quixotic, and the downside expectation as sure as misplacing your car keys
when you're in a dead rush. I reckon most everybody is as prejudiced against the
sorry US dollar as I am, so none of us expect anything. That's just a perfect
set-up for a bad surprise, and one reason I've kept on saying a dollar rally is
likely, fundamentals notwithstanding. Today the dollar rose 27.9 basis points
(0.36%) to 77.843, building on yesterday's surge and shoving the dollar to the
top of its five-day range. A push through 78.20 will send the bears loping for
their dens. Dollar would have to close below 76.50 to dash my hopes of a rally.
Don't misunderstand. I'm not looking for a rally because the dollar is strong or
well-managed. It's not. It's sorry as gully dirt, but right now its not AS sorry
as the euro, and the crisis there is sending the tired, the scared, and the
terrorized fleeing into the buck. Yeah, buddy, that euro really shone today.
Dropped 0.75% to 1.3532. Gapped down, in fact, never a good sign. If y'all are
planning a European vacation, wait a while to buy your euros. You'll probably be
able to buy 'em under 1.2000. The yen continues to climb into the gap it left
behind when the Nice Government Men whacked it at end-October. Today it
surmounted its 20 dma (129.60) to close at 129.74. That's about where it closed
yesterday, but the 20 dma is dropping. Will climb till the NGM hit it again.
Predictably enough in our world of illusion, the yen is intrinsically even
sorrier than the US dollar, as worthless as a three-legged mule, but all the
deluded view it as a safe haven. Looking at the yen makes me remember that at
least on gully dirt you can grow kudzu. 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$-denominated assets, primary trend down;
real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be
advised and warned: Do NOT use these commentaries to trade futures contracts. I
don't intend them for that or write them with that short term trading outlook. I
write them for long-term investors in physical metals. Take them as
entertainment, but not as a timing service for futures. NOR do I recommend
investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical
metal and I fear one day one or another may go up in smoke. Unless you can
breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of
traps. NOR do I recommend trading futures options or other leveraged paper gold
and silver products. These are not for the inexperienced. NOR do I recommend
buying gold and silver on margin or with debt. What DO I recommend? Physical
gold and silver coins and bars in your own hands.
: 3444.8 Change : 43.5 cents or 1.3% Gold Silver Ratio Today : 51.721 Change :
-0.547 or -1.0% Silver Gold Ratio Today : 0.01933 Change : 0.000202 or 1.1%
Platinum Price Close Today : 1639.70 Change : -4.70 or -0.3% Palladium Price
Close Today : 665.25 Change : 0.35 or 0.1% S&P 500 : 1,257.81 Change : 6.03 or
0.5% Dow In GOLD$ : $140.34 Change : $ (0.09) or -0.1% Dow in GOLD oz : 6.789
Change : -0.005 or -0.1% Dow in SILVER oz : 351.14 Change : -3.99 or -1.1% Dow
Industrial : 12,096.16 Change : 17.18 or 0.1% US Dollar Index : 77,843.00 Change
: -0.279 or 0.0% The GOLD PRICE revealed almost nothing today, although it did
rise $3.90 to close Comex at $1,781.70. Range was $1,785.38 to $1,7650.28, so I
reckon that close qualifies as a successful defense of $1,775 support. The issue
remains in doubt, and will only be clarified by (1) gold closing above $1,800
for two days, or (2) gold dropping below $1,775 - $1,750. With every fiat
currency in the world on the run, why would I question buying gold, and never
mind the little downside risk? I don't know. Maybe I'm letting the best become
the enemy of the good. This much is sure: if the GOLD PRICE closes over $1,800
two days running, stop waiting and buy fistfuls. The SILVER PRICE kept her cards
close to her chest today. High came at 3479, low at 3370c. Comex silver gained
43.5c to end at 3444.8c. This keeps the SILVER PRICE within the uptrend line,
barely, and above the 3369c 20 dma. Whoa! But look up there at 3442c and 3670!
That's the 50 dma and 200 dma. Silver speaks with forkéd tongue, and I'm not
sure which fork to listen to. Once again, we are left looking at a range,
waiting for a breakout up or down. Below silver must hold 3380c, above it must
clear 3480c. Till then, we are simply waiting. For those who missed the
correction, I repeat here that yesterday's commentary omitted one critical
element. It should have read, "If back earlier this year you swapped out of
silver into gold AT ANY REALIZED GOLD/ SILVER RATIO OF 38:1 OR LOWER . . ." If
your realized ratio was higher than 38:1, you can check with us about swapping
now, but your realized gain in ounces would be less. This recommendation hath
but one purpose and cause: taking money off the table. Anytime you can realize a
37% profit, you ought to do it. I apologize for the confusion. Most of the time
I run around here like a cat with his tail on fire, so I'm doing good not to
make more mistakes. I wonder why platinum and palladium both are stalled in
their uptrends. 'Tain't comforting. Markets offered no concrete resolution
today, just hovering around tops of recent ranges. I keep wondering
(unsophisticated, natural born durn'd fool that I am) whether anybody has
noticed that the European bank solvency crisis still has not been fixed, not
even by installing these latest two bank-owned fixer shills in Italy and Greece.
Should that crisis come unglued, it will take the EU and the euro with it. I'm
not predicting, just counting the possible costs. STOCKS dithered, sinking as
low as 11,993 by noon, then rising above unchanged to close at a measly 17.18
(0.48%) gain, 12,096.16. S&P500 showed a little more spunk, up 6.03 or 1.62%,
but spunk without muscle is just feckless braggadocio. Dow is building
(end-October till now) an even-side triangle which gives little clue which way
it will resolve. Course, I could be reading it wrong and that could be a
kiss-o'-death rising wedge I see. Either way, the upside hope is both limited
and quixotic, and the downside expectation as sure as misplacing your car keys
when you're in a dead rush. I reckon most everybody is as prejudiced against the
sorry US dollar as I am, so none of us expect anything. That's just a perfect
set-up for a bad surprise, and one reason I've kept on saying a dollar rally is
likely, fundamentals notwithstanding. Today the dollar rose 27.9 basis points
(0.36%) to 77.843, building on yesterday's surge and shoving the dollar to the
top of its five-day range. A push through 78.20 will send the bears loping for
their dens. Dollar would have to close below 76.50 to dash my hopes of a rally.
Don't misunderstand. I'm not looking for a rally because the dollar is strong or
well-managed. It's not. It's sorry as gully dirt, but right now its not AS sorry
as the euro, and the crisis there is sending the tired, the scared, and the
terrorized fleeing into the buck. Yeah, buddy, that euro really shone today.
Dropped 0.75% to 1.3532. Gapped down, in fact, never a good sign. If y'all are
planning a European vacation, wait a while to buy your euros. You'll probably be
able to buy 'em under 1.2000. The yen continues to climb into the gap it left
behind when the Nice Government Men whacked it at end-October. Today it
surmounted its 20 dma (129.60) to close at 129.74. That's about where it closed
yesterday, but the 20 dma is dropping. Will climb till the NGM hit it again.
Predictably enough in our world of illusion, the yen is intrinsically even
sorrier than the US dollar, as worthless as a three-legged mule, but all the
deluded view it as a safe haven. Looking at the yen makes me remember that at
least on gully dirt you can grow kudzu. 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.
Gold Futures Steady, Silver Climbs 1.3%
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures held steady near $1,780 this afternoon despite modest strength in the U.S. dollar against a basket of foreign currencies. COMEX gold for December 2011 delivery – the most actively-traded contract – settled higher by $3.80, or 0.2%, at $1,782.20 per ounce.
Get in Position for the Next Mega-Bull Market
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace If you feel disappointed or even angry about the way your investments have performed in the past decade, welcome to the club. Millions of investors are upset at the poor returns that stocks, in particular, have delivered since 2000. The popping of the Internet bubble, followed by the real estate and credit collapse, has left deep scars on many portfolios. In recent weeks, the panic over Europe's sovereign-debt problems has again torn open old wounds. I'm not here to sugarcoat the challenges ahead. However, I encourage you to keep investing, prudently and conservatively — because, in due time, another mega-bull market like that of 1982 through 2000 will take hold, sweeping stock prices much higher. You'll want to be in the game, not on the sidelines, when the ref's whistle sounds for the kickoff. What will trigger the next mega-bull? We can already see a number of pieces falling into place: U.S. businesses have dramatically streamlined operations in the past couple of years, setting the stage for an extended run of good profitability. Consumers have paid down tons of debt, although some work remains to be done here. Banks have made significant progress in rebuilding their depleted capital. Sooner or later, a growing population will draw down the excess inventory of housing. If the Chinese, under pressure from the rest of the world, continue to let their currency drift upward, America's battered manufacturing sector might even enjoy something of a renaissance. The only major player that hasn't begun to clean up its financial act is, of course, the federal government. During the next two or three congressional election cycles, we're likely to witness a pitched battle over government spending. Once the entitlements issue is settled, the nation will have removed the last barrier to a new era of growth and prosperity. Here's my forecast: Assuming average earnings growth and average P/E ratios, with four recessions of average to greater-than-average severity along the way, I figure that the S&P 500 index could trade at 3,919 by 2030. That's the equivalent of more than 37,000 on the Dow Jones Industrial Average! More Rivers to Cross As hopeful as those prospects may seem, we've got a few more rivers to cross before we arrive in the Promised Land. Most immediately, 2012 will bring several complicating developments: Europe is likely to slip into recession as a result of the ongoing sovereign-debt crisis. China's growth engine is downshifting. Our own tortoise-slow growth leaves us vulnerable to an external shock. America is headed into a presidential campaign with none of the leading candidates committed to a serious program of fiscal reform. The next wave of sovereign-debt panic may well land on our shores. In 2012, a record 3.6 million Americans will turn 65, the traditional retirement age. On balance, these people will be sellers of stock, putting downward pressure on share prices.
Some Leaders Flirt With New Highs, But Volume Is Tame
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Some Leaders Flirt With New Highs, But Volume Is Tame Investor’s Business Daily – 2 hours ago By VINCENT MAO, INVESTOR'S BUSINESS DAILY Posted 03:14 PM ET UPDATE ON TUESDAY, NOV. 15: A few Top 10 stocks were flirting with new highs, but volume was unimpressive in each case. While a new …
Time to Move Into Multifamily Housing Investments
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace If real estate investing is anathema to you, that’s understandable. Enormous problems in residential housing — including declining values, weak sales, high inventories and legal problems with foreclosures — have turned many people off to buying a home. But perhaps the best-kept investment secret of the past 18 months is that multifamily dwellings, and the exchange-traded funds (ETFs) and individual real estate investment trusts (REITs) that invest in them, are quietly making a terrific comeback after several years of lackluster performance. Demand for rentals is growing so strongly that Realtor.com , the largest real estate website, now includes apartment listings on its site for the very first time. According to the Census Bureau, demand for rentals remained high in the second quarter of 2011, while homeownership rates declined slightly 65%. The national apartment vacancy rate dropped to 9.2%, a one-year decline of 1.4%. Demand for rentals will likely continue to rise, due to several key factors: 1)
Wal-Mart Wanes, RIM Romps — Tuesday’s IP Market Recap
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace The retail earnings train of sub-mediocrity — led off Monday by the misleading beats of J.C. Penney (NYSE: JCP ) and Lowe's (NYSE: LOW ) — continued Tuesday with the lackluster report of big-box giant Wal-Mart (NYSE: WMT ). The headline news was Wal-Mart breaking a two-year-plus streak of declining U.S. same-store sales, posting 1.3% gain in the measure — more than analysts' expectations of 0.3%. The company also reported a 5.7% increase in its Sam's Club store sales, besting estimates of 4.9%. However, Wal-Mart's actual earnings were a mixed lot. The company watched its profit margins fall across Wal-Mart and Sam's Club stores, as well as its international division. It reported a profit of $3.34 billion, compared to $3.44 billion in the third quarter of 2010. Wal-Mart's 97 cents per share were two cents better than last year but fell a penny short of Wall Street expectations. Moreover, the company released disappointing guidance, with a $1.42-$1.48 range for the fourth quarter against analysts' expectations of $1.45 per share, and full-year outlook of $4.45 to $4.51, slightly less than the estimated $4.50. WMT shares finished the day down about 2.4% at $57.46. Going against the grain of its usual sob song was Research In Motion (NASDAQ: RIMM ), which saw its shares gain about 5% on Tuesday as it launched a pair of new phones for its BlackBerry 7, the latest version of its current operating system. The BlackBerry Bold 9790 uses a touchscreen system but also features a keyboard, while the Curve 9380 is the first Curve model to rely solely on a touchscreen, and both will feature 5-megapixel cameras. The pair of phones will continue to use the BlackBerry legacy operating system — a fact that might hinder sales, considering the company has announced it will be switching to a new operating system (BBX) next year. Nonetheless, the new phones are expected to carry RIM through the holiday season and provided at least a one-day burst, with RIMM shares finishing Tuesday up at $19.13. Three Up Green Mountain Coffee Roasters (NASDAQ: GMCR ): Up 12.98% ($5.47) to $47.61. Red Hat (NYSE: RHT ): Up 5.02% ($2.52) to $52.72. Cliffs Natural Resources (NYSE: CLF ): Up 4.79% ($3.36) to $73.45. Three Down Dish Network (NASDAQ: DISH ): Down 5.36% ($1.37) to $24.19. Western Digital (NYSE: WDC ): Down 4.9% ($1.29) to $25.05. LinkedIn (NYSE: LNKD ): Down 4.62% ($3.63) to $74.86. As of this writing, Kyle Woodley did not own a position in any of the aforementioned stocks. Check out our list of previous IP Market Recaps .
Todays Dow Jones Industrial Average Index DJX DJI, Nasdaq Index, S&P 500 Stock Market Investing News Approaching Close
XCSFDHG46767FHJHJF
dow2664 The primary indices in the U.S. struggled through the majority of the trading session today. The Dow Jones Industrial Average, as well as the Nasdaq and the S&P 500, spent the majority of the session pushing through negative territory. Negative pressure stemming from developments in the eurozone kept investors’ worries high and stock index trends lower. As of the mid-way point in the U.S. session indices were still red, but then the rebound initiated for the primary composites. Just prior to close for the trading day today, the primary indices were posting green across the board. Economic data posted this day which ultimately lifted investor morale and helped the primary indices slope positively. According to government data, retail sale figures were better than expected at positive .5 percent for October. This was better than the .4 percent increase that most economists were expecting. In addition to this positively skewed report, the Empire state manufacturing index came in positive for the first time in over four months. The index posted a reading of .6 which was far better than the negative 8.5 that posted last reading. As the session approached close today, the Dow Jones Industrial Average was higher by .62 percent at 12,153.49. The Nasdaq was higher by 1.36 percent at 2,693.34 and the S&P 500 was higher by .89 percent at 1,262.91. Frank Matto
Todays Dow Jones Industrial Average Index DJX DJI, Nasdaq Index, S&P 500 Stock Market Investing News Approaching Close
The primary indices in the U.S. struggled through the majority of the trading
session today. The Dow Jones Industrial Average, as well as the Nasdaq and the
S&P 500, spent the majority of the session pushing through negative territory.
Negative pressure stemming from developments in the eurozone kept investors
worries high and stock index trends lower. As of the mid-way point in the U.S.
session indices were still red, but then the rebound initiated for the primary
composites. Just prior to close for the trading day today, the primary indices
were posting green across the board. Economic data posted this day which
ultimately lifted investor morale and helped the primary indices slope
positively. According to government data, retail sale figures were better than
expected at positive .5 percent for October. This was better than the .4 percent
increase that most economists were expecting. In addition to this positively
skewed report, the Empire state manufacturing index came in positive for the
first time in over four months. The index posted a reading of .6 which was far
better than the negative 8.5 that posted last reading. As the session approached
close today, the Dow Jones Industrial Average was higher by .62 percent at
12,153.49. The Nasdaq was higher by 1.36 percent at 2,693.34 and the S&P 500 was
higher by .89 percent at 1,262.91. Frank Matto
session today. The Dow Jones Industrial Average, as well as the Nasdaq and the
S&P 500, spent the majority of the session pushing through negative territory.
Negative pressure stemming from developments in the eurozone kept investors
worries high and stock index trends lower. As of the mid-way point in the U.S.
session indices were still red, but then the rebound initiated for the primary
composites. Just prior to close for the trading day today, the primary indices
were posting green across the board. Economic data posted this day which
ultimately lifted investor morale and helped the primary indices slope
positively. According to government data, retail sale figures were better than
expected at positive .5 percent for October. This was better than the .4 percent
increase that most economists were expecting. In addition to this positively
skewed report, the Empire state manufacturing index came in positive for the
first time in over four months. The index posted a reading of .6 which was far
better than the negative 8.5 that posted last reading. As the session approached
close today, the Dow Jones Industrial Average was higher by .62 percent at
12,153.49. The Nasdaq was higher by 1.36 percent at 2,693.34 and the S&P 500 was
higher by .89 percent at 1,262.91. Frank Matto
Tuesday Apple Rumors — Apple Dividend Under Cook?
Here are your Apple rumors and AAPL stock news items for Tuesday: Apple
Dividend Could Bring in $4 Billion in New Investment: Apple has caught no small
amount of flack over the years for not paying a dividend, but now that Tim Cook
is steering the good ship out of Cupertino, Calif., that policy might change.
International Strategy & Investment Group analyst Brian Marshall believes the
company will begin paying out a dividend in 2012 as part of a wider plan to
maximize the efficiency of the companys capital structure. An Apple Insider
report said the analysts thinks Apple can easily pay a dividend of around $2.40
per quarter , or a roughly 2.5% yield on current AAPL stock prices. That would
tie up some of Apples free cash flow by as much as 25%, but Marshall also
believes yielding such a dividend could bring in $4 billion in new investments.
With more than $76 billion in cash stockpiled, Wall Street has been calling for
Apple to begin paying out a dividend or initiate an AAPL stock buyback for
months. As of now, though, with the Apple machine generating consistent and
impressive growth, investors shouldnt count on broad changes to the companys
business operations. Android Still On Top, Apple Still Making More Money in
Smartphones: Research company Gartner released its report Tuesday on the global
smartphone market for the third quarter of 2011. According to a report at Mac
Rumors detailing the firms findings, Apples share of the market shrank, but its
still running off with the greatest profits. By platform and not manufacturer,
Google s (NASDAQ: GOOG ) Android led the market with 52.5% of phones sold over
the third quarter running that operating system. Nokia s (NYSE: NOK ) Symbian
came in second with 16.9%, down from 36.3% during the same period in 2010. Apple
took a 15% share, down from 16.6% in 2010. As a study from the Oppenheimer firm
found, though, Apples iPhone accounts for 65% of total smartphone profits .
Netflix Making New iPad App: Sure, users and investors still are angry at
Netflix (NASDAQ: NFLX ). The company is at least making amends with iPad users,
though. A Tuesday report at 9 to 5 Mac quoting a Netflix blog post said that the
streaming video company will deliver a new version of its app for Apples tablet
with a much more immersive design sometime in the next few weeks. Part of the
impetus for the redesign is to cater to new tablet users not just on the iPad,
but on Amazon s (NASDAQ: AMZN ) Kindle Fire and Barnes & Noble s (NYSE: BKS )
new Nook Tablet. As of this writing, Anthony John Agnello did not own a position
in any of the aforementioned stocks. Follow him on Twitter at
Dividend Could Bring in $4 Billion in New Investment: Apple has caught no small
amount of flack over the years for not paying a dividend, but now that Tim Cook
is steering the good ship out of Cupertino, Calif., that policy might change.
International Strategy & Investment Group analyst Brian Marshall believes the
company will begin paying out a dividend in 2012 as part of a wider plan to
maximize the efficiency of the companys capital structure. An Apple Insider
report said the analysts thinks Apple can easily pay a dividend of around $2.40
per quarter , or a roughly 2.5% yield on current AAPL stock prices. That would
tie up some of Apples free cash flow by as much as 25%, but Marshall also
believes yielding such a dividend could bring in $4 billion in new investments.
With more than $76 billion in cash stockpiled, Wall Street has been calling for
Apple to begin paying out a dividend or initiate an AAPL stock buyback for
months. As of now, though, with the Apple machine generating consistent and
impressive growth, investors shouldnt count on broad changes to the companys
business operations. Android Still On Top, Apple Still Making More Money in
Smartphones: Research company Gartner released its report Tuesday on the global
smartphone market for the third quarter of 2011. According to a report at Mac
Rumors detailing the firms findings, Apples share of the market shrank, but its
still running off with the greatest profits. By platform and not manufacturer,
Google s (NASDAQ: GOOG ) Android led the market with 52.5% of phones sold over
the third quarter running that operating system. Nokia s (NYSE: NOK ) Symbian
came in second with 16.9%, down from 36.3% during the same period in 2010. Apple
took a 15% share, down from 16.6% in 2010. As a study from the Oppenheimer firm
found, though, Apples iPhone accounts for 65% of total smartphone profits .
Netflix Making New iPad App: Sure, users and investors still are angry at
Netflix (NASDAQ: NFLX ). The company is at least making amends with iPad users,
though. A Tuesday report at 9 to 5 Mac quoting a Netflix blog post said that the
streaming video company will deliver a new version of its app for Apples tablet
with a much more immersive design sometime in the next few weeks. Part of the
impetus for the redesign is to cater to new tablet users not just on the iPad,
but on Amazon s (NASDAQ: AMZN ) Kindle Fire and Barnes & Noble s (NYSE: BKS )
new Nook Tablet. As of this writing, Anthony John Agnello did not own a position
in any of the aforementioned stocks. Follow him on Twitter at
Wal-Mart Wanes, RIM Romps — Tuesday’s IP Market Recap
The retail earnings train of sub-mediocrity led off Monday by the misleading
beats of J.C. Penney (NYSE: JCP ) and Lowe's (NYSE: LOW ) continued Tuesday
with the lackluster report of big-box giant Wal-Mart (NYSE: WMT ). The headline
news was Wal-Mart breaking a two-year-plus streak of declining U.S. same-store
sales, posting 1.3% gain in the measure more than analysts' expectations of
0.3%. The company also reported a 5.7% increase in its Sam's Club store sales,
besting estimates of 4.9%. However, Wal-Mart's actual earnings were a mixed
lot. The company watched its profit margins fall across Wal-Mart and Sam's
Club stores, as well as its international division. It reported a profit of
$3.34 billion, compared to $3.44 billion in the third quarter of 2010.
Wal-Mart's 97 cents per share were two cents better than last year but fell a
penny short of Wall Street expectations. Moreover, the company released
disappointing guidance, with a $1.42-$1.48 range for the fourth quarter against
analysts' expectations of $1.45 per share, and full-year outlook of $4.45 to
$4.51, slightly less than the estimated $4.50. WMT shares finished the day down
about 2.4% at $57.46. Going against the grain of its usual sob song was Research
In Motion (NASDAQ: RIMM ), which saw its shares gain about 5% on Tuesday as it
launched a pair of new phones for its BlackBerry 7, the latest version of its
current operating system. The BlackBerry Bold 9790 uses a touchscreen system but
also features a keyboard, while the Curve 9380 is the first Curve model to rely
solely on a touchscreen, and both will feature 5-megapixel cameras. The pair of
phones will continue to use the BlackBerry legacy operating system a fact that
might hinder sales, considering the company has announced it will be switching
to a new operating system (BBX) next year. Nonetheless, the new phones are
expected to carry RIM through the holiday season and provided at least a one-day
burst, with RIMM shares finishing Tuesday up at $19.13. Three Up Green Mountain
Coffee Roasters (NASDAQ: GMCR ): Up 12.98% ($5.47) to $47.61. Red Hat (NYSE: RHT
): Up 5.02% ($2.52) to $52.72. Cliffs Natural Resources (NYSE: CLF ): Up 4.79%
($3.36) to $73.45. Three Down Dish Network (NASDAQ: DISH ): Down 5.36% ($1.37)
to $24.19. Western Digital (NYSE: WDC ): Down 4.9% ($1.29) to $25.05. LinkedIn
(NYSE: LNKD ): Down 4.62% ($3.63) to $74.86. As of this writing, Kyle Woodley
did not own a position in any of the aforementioned stocks. Check out our list
of previous IP Market Recaps .
beats of J.C. Penney (NYSE: JCP ) and Lowe's (NYSE: LOW ) continued Tuesday
with the lackluster report of big-box giant Wal-Mart (NYSE: WMT ). The headline
news was Wal-Mart breaking a two-year-plus streak of declining U.S. same-store
sales, posting 1.3% gain in the measure more than analysts' expectations of
0.3%. The company also reported a 5.7% increase in its Sam's Club store sales,
besting estimates of 4.9%. However, Wal-Mart's actual earnings were a mixed
lot. The company watched its profit margins fall across Wal-Mart and Sam's
Club stores, as well as its international division. It reported a profit of
$3.34 billion, compared to $3.44 billion in the third quarter of 2010.
Wal-Mart's 97 cents per share were two cents better than last year but fell a
penny short of Wall Street expectations. Moreover, the company released
disappointing guidance, with a $1.42-$1.48 range for the fourth quarter against
analysts' expectations of $1.45 per share, and full-year outlook of $4.45 to
$4.51, slightly less than the estimated $4.50. WMT shares finished the day down
about 2.4% at $57.46. Going against the grain of its usual sob song was Research
In Motion (NASDAQ: RIMM ), which saw its shares gain about 5% on Tuesday as it
launched a pair of new phones for its BlackBerry 7, the latest version of its
current operating system. The BlackBerry Bold 9790 uses a touchscreen system but
also features a keyboard, while the Curve 9380 is the first Curve model to rely
solely on a touchscreen, and both will feature 5-megapixel cameras. The pair of
phones will continue to use the BlackBerry legacy operating system a fact that
might hinder sales, considering the company has announced it will be switching
to a new operating system (BBX) next year. Nonetheless, the new phones are
expected to carry RIM through the holiday season and provided at least a one-day
burst, with RIMM shares finishing Tuesday up at $19.13. Three Up Green Mountain
Coffee Roasters (NASDAQ: GMCR ): Up 12.98% ($5.47) to $47.61. Red Hat (NYSE: RHT
): Up 5.02% ($2.52) to $52.72. Cliffs Natural Resources (NYSE: CLF ): Up 4.79%
($3.36) to $73.45. Three Down Dish Network (NASDAQ: DISH ): Down 5.36% ($1.37)
to $24.19. Western Digital (NYSE: WDC ): Down 4.9% ($1.29) to $25.05. LinkedIn
(NYSE: LNKD ): Down 4.62% ($3.63) to $74.86. As of this writing, Kyle Woodley
did not own a position in any of the aforementioned stocks. Check out our list
of previous IP Market Recaps .
Claude Resources’ (CGR) hits high-grade gold at Santoy Gap
DG365FD46564GFH654FU898
Read More:
Claude Resources' (CGR) hits high-grade gold at Santoy Gap
Get in Position for the Next Mega-Bull Market
If you feel disappointed or even angry about the way your investments have
performed in the past decade, welcome to the club. Millions of investors are
upset at the poor returns that stocks, in particular, have delivered since 2000.
The popping of the Internet bubble, followed by the real estate and credit
collapse, has left deep scars on many portfolios. In recent weeks, the panic
over Europe's sovereign-debt problems has again torn open old wounds. I'm
not here to sugarcoat the challenges ahead. However, I encourage you to keep
investing, prudently and conservatively because, in due time, another mega-bull
market like that of 1982 through 2000 will take hold, sweeping stock prices much
higher. You'll want to be in the game, not on the sidelines, when the ref's
whistle sounds for the kickoff. What will trigger the next mega-bull? We can
already see a number of pieces falling into place: U.S. businesses have
dramatically streamlined operations in the past couple of years, setting the
stage for an extended run of good profitability. Consumers have paid down tons
of debt, although some work remains to be done here. Banks have made significant
progress in rebuilding their depleted capital. Sooner or later, a growing
population will draw down the excess inventory of housing. If the Chinese, under
pressure from the rest of the world, continue to let their currency drift
upward, America's battered manufacturing sector might even enjoy something of
a renaissance. The only major player that hasn't begun to clean up its
financial act is, of course, the federal government. During the next two or
three congressional election cycles, we're likely to witness a pitched battle
over government spending. Once the entitlements issue is settled, the nation
will have removed the last barrier to a new era of growth and prosperity.
Here's my forecast: Assuming average earnings growth and average P/E ratios,
with four recessions of average to greater-than-average severity along the way,
I figure that the S&P 500 index could trade at 3,919 by 2030. That's the
equivalent of more than 37,000 on the Dow Jones Industrial Average! More Rivers
to Cross As hopeful as those prospects may seem, we've got a few more rivers
to cross before we arrive in the Promised Land. Most immediately, 2012 will
bring several complicating developments: Europe is likely to slip into recession
as a result of the ongoing sovereign-debt crisis. China's growth engine is
downshifting. Our own tortoise-slow growth leaves us vulnerable to an external
shock. America is headed into a presidential campaign with none of the leading
candidates committed to a serious program of fiscal reform. The next wave of
sovereign-debt panic may well land on our shores. In 2012, a record 3.6 million
Americans will turn 65, the traditional retirement age. On balance, these people
will be sellers of stock, putting downward pressure on share prices.
performed in the past decade, welcome to the club. Millions of investors are
upset at the poor returns that stocks, in particular, have delivered since 2000.
The popping of the Internet bubble, followed by the real estate and credit
collapse, has left deep scars on many portfolios. In recent weeks, the panic
over Europe's sovereign-debt problems has again torn open old wounds. I'm
not here to sugarcoat the challenges ahead. However, I encourage you to keep
investing, prudently and conservatively because, in due time, another mega-bull
market like that of 1982 through 2000 will take hold, sweeping stock prices much
higher. You'll want to be in the game, not on the sidelines, when the ref's
whistle sounds for the kickoff. What will trigger the next mega-bull? We can
already see a number of pieces falling into place: U.S. businesses have
dramatically streamlined operations in the past couple of years, setting the
stage for an extended run of good profitability. Consumers have paid down tons
of debt, although some work remains to be done here. Banks have made significant
progress in rebuilding their depleted capital. Sooner or later, a growing
population will draw down the excess inventory of housing. If the Chinese, under
pressure from the rest of the world, continue to let their currency drift
upward, America's battered manufacturing sector might even enjoy something of
a renaissance. The only major player that hasn't begun to clean up its
financial act is, of course, the federal government. During the next two or
three congressional election cycles, we're likely to witness a pitched battle
over government spending. Once the entitlements issue is settled, the nation
will have removed the last barrier to a new era of growth and prosperity.
Here's my forecast: Assuming average earnings growth and average P/E ratios,
with four recessions of average to greater-than-average severity along the way,
I figure that the S&P 500 index could trade at 3,919 by 2030. That's the
equivalent of more than 37,000 on the Dow Jones Industrial Average! More Rivers
to Cross As hopeful as those prospects may seem, we've got a few more rivers
to cross before we arrive in the Promised Land. Most immediately, 2012 will
bring several complicating developments: Europe is likely to slip into recession
as a result of the ongoing sovereign-debt crisis. China's growth engine is
downshifting. Our own tortoise-slow growth leaves us vulnerable to an external
shock. America is headed into a presidential campaign with none of the leading
candidates committed to a serious program of fiscal reform. The next wave of
sovereign-debt panic may well land on our shores. In 2012, a record 3.6 million
Americans will turn 65, the traditional retirement age. On balance, these people
will be sellers of stock, putting downward pressure on share prices.
Gold Futures Steady, Silver Climbs 1.3%
Gold futures held steady near $1,780 this afternoon despite modest strength in
the U.S. dollar against a basket of foreign currencies. COMEX gold for December
2011 delivery the most actively-traded contract settled higher by $3.80, or
0.2%, at $1,782.20 per ounce.
the U.S. dollar against a basket of foreign currencies. COMEX gold for December
2011 delivery the most actively-traded contract settled higher by $3.80, or
0.2%, at $1,782.20 per ounce.
Shine a Light on Congressional Stock Traders
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace According to a recent Gallup poll, Americans’ approval rating for Congress is at a mere 13%. It's the lowest ever (George Washington must be rolling in his grave). Then again, citizens have plenty to be mad about. And now we have some more red meat: A recent episode of 60 Minutes makes Congress look like a shifty hedge fund, with its members trafficking in insider information. Needless to say, it has ignited a firestorm. For example, in September 2008, then-Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke gave a horrific presentation to a variety of members of Congress. What happened next? They started to dump their investments. One such example is detailed in a new book that hit the stores today: Throw Them All Out by Peter Schweizer, a fellow at the conservative Hoover Institution. Schweizer says Representative Spencer Bachus (R-Ala.) purchased options on the ProShares UltraShort S&P500 (NYSE: SDS ), in which he quickly doubled his money. He then went on to short GE (NYSE: GE ). How about that for his faith and patriotism for America? In light of these revelations, it should be no surprise that the reflex reaction many are calling for is to completely ban trading among members of Congress. Why give them any temptation? Don't they make enough money already? Well, trading by elected officials can certainly be problematic in many cases. But this doesn’t necessarily mean all of their trading should be banned. After all, the federal securities laws allow CEOs to trade in their own stocks –
Google Inc. (NASDAQ:GOOG) Reveals Some Search Secrets
XCSFDHG46767FHJHJF
tdp2664 E money daily Google Inc. (NASDAQ:GOOG) has published some details about its secret process for ranking websites. Google Inc. (NASDAQ:GOOG) Reveals Some Search Secrets For the first time, Google Inc. (NASDAQ:GOOG) on Monday offered a rare glimpse at its secret process of ranking internet websites to make its users know how the company ranks websites. The company published 10 recent changes that it has made to its search algorithm, including how it treats web searches and a refinement around the way it displays results. This move came as the FTC is investigating allegations that Google Inc. (NASDAQ:GOOG) is favoring its own business in search results by violating antitrust laws. Google Inc. (NASDAQ:GOOG) shares were at 613 at the end of the last day’s trading. There’s been a 7.9% movement in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.28 Zack’s Rank: 3 out of 30 in the industry
Apple Inc. (NASDAQ:AAPL) To Release Ultrabook Killer?
XCSFDHG46767FHJHJF
tdp2664 E money daily Apple Inc. (NASDAQ:AAPL) is set to introduce a new 15-inch ultra-thin notebook in 2012. Apple Inc. (NASDAQ:AAPL) To Release Ultrabook Killer? According to reports, the US based technology giant Apple Inc. (NASDAQ:AAPL) is planning to introduce a new 15-inch MacBook in March 2012. DigiTimes report says that, "Upstream suppliers are said to have begun shipping the components this month, though it remains unclear whether the final version of the 15-inch laptop will be marketed as a MacBook Air or a MacBook Pro. Based on the timing of the order, Apple Inc. (NASDAQ:AAPL) will begin the mass shipments of the device in March of next year." The likely decision comes in the wake of competitors readying a media-blitz surrounding the release of new ‘Ultrabook’ PCs around the world. Apple Inc. (NASDAQ:AAPL) stocks were at 379.26 at the end of the last day’s trading. There’s been a 2.0% change in the stock price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zack’s Rank: 1 out of 2 in the industry
Who’s Making Money on the Ever-Growing App Market?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace We used to call them programs. Designers called them applications. Now they’re apps, and they are everywhere. The modern American consumer is bombarded from all angles with apps, from old media standbys like newspapers hocking smartphone editions, to modern gadgets like the iPad whose greatest business success is driving app sales themselves. The mobile app market is growing fast enough to reflect that cultural saturation. Research firm Canalys expects the mobile app market to generate $7.3 billion by the end of 2011 . The market will nearly double by the end of 2012, growing to $14.1 billion. By 2015, mobile apps will be a $36.7 billion business. But just who is making that money? Right now, the answer is complicated — where consumers are buying their apps, how much they’re spending, and where app developers are pooling their resources is changing rapidly. According to a report at All Things Digital , Apple (NASDAQ: AAPL ) and Google ‘s (NASDAQ: GOOG ) platforms are the Nos. 1 and 2 choices for app developers. Where Research in Motion ‘s (NASDAQ: RIMM ) BlackBerry operating system used to be a close third in terms of developer interest, Microsoft (NASDAQ: MSFT ) Windows has overtaken it. Thanks to enthusiasm for Microsoft’s partnership with Nokia (NYSE: NOK ), 38% of app developers are interested in developing for Windows Phone 7 while just 21% are now interested in developing for BlackBerry. App developer interest is just one piece of a much larger story, though. Actual app users aren’t in lockstep with makers. Apple might lead app maker interest, but iPhone users download fewer apps than consumers on competing devices. As of September, the average user on Nokia’s Ovi downloaded 160% more apps than the average iPhone user. The average Microsoft user downloaded 80% more, and BlackBerry users 43% more. (The average Google Android user actually downloaded 5% fewer apps than iPhone users.) Which brings us right back to the $7.3 billion-dollar question: Who’s making the most money? Apple’s app store generated $1.8 billion in revenue last year, according to IHS Screen Digest. The average iOS app maker, meanwhile, only receives about $8,500 from Apple per year. Google Android’s App Market pulled in $102 million total last year, and those apps have generated just $2,500 per app for developers on average. BlackBerry Apps generated about $165 million, and Ovi apps about $105 million. 2011 should end with a very different landscape, though. Apple’s recently filed 10-K reported $6.3 billion in sales from its iTunes segment, which includes all App Store sales. RIM claimed in October that its BlackBerry App World still is more profitable than Google’s Android Market . With app makers jumping ship from RIM to Windows, though, it’s difficult to say how long RIM will be able to keep boasting about its profitability. This is all to say nothing of the growing tablet market as well. App developers previously captivated by Apple’s iPad are now finally turning towards Android platforms , with 56% of developers expressing interest in developing for Samsung’s Galaxy Tab devices and 49% looking to make apps for Amazon ‘s (NASDAQ: AMZN ) new Kindle Fire tablet. Who’s making the money? The simplest answer right now is the platform holders, Apple, Google and the others — but not the developers. But where those scantily paid developers go, though, could alter who’s eating the biggest slice of the ever-growing app market pie. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Gold Price Holds Firm as Italian Yields Spike to 7%
GOLD PRICE NEWS – The gold price continued to consolidate under the $1,800
per ounce level Tuesday amid the turmoil in Europe.
per ounce level Tuesday amid the turmoil in Europe.
Spanish Mountain Gold (SPA) delivers updated resource estimate
DG365FD46564GFH654FU898
More:
Spanish Mountain Gold (SPA) delivers updated resource estimate
Todays Dow Jones Industrial Average Index DJX DJI; Stock Market Investing News Mid-Day Today; Nasdaq Index, S&P 500 Index USA News
The primary index composites finished red across the board to open this trading
week as they were negatively influenced by the volatile trends spilling over
from the eurozone marketplace. Greece and Italy are making headlines as they try
to patch things up and avoid government collapse and financial turmoil, but the
inconsistencies and uncertainty connected with the process is causing investors
to remain worried. Investors are beginning to wonder if the changes that take
place now be enough to pull the economies from the brink of ruin. The worry
continues to apply negative pressure to the primary stock market indices and as
a result, stock action has been weaker. This morning, prior to opening bell, the
primary index futures were posting red across the board. Futures for the Dow
Jones Industrial Average, Nasdaq, as well as the S&P 500 futures, were negative
and stocks were positioned once again for the lower open today. Markets in the
eurozone were sharply lower today and this weight affected index trend-line
movement in the U.S. As the trading session approached the mid-day mark, the
primary stock composites in the U.S. were still red across the board. The DJIA
was lower by .11 percent at 12,065.25. The Nasdaq was lower by .10 percent at
2,654.76. The S&P 500 was red by .12 percent at 1,250.31 at this point in the
session. Frank Matto
week as they were negatively influenced by the volatile trends spilling over
from the eurozone marketplace. Greece and Italy are making headlines as they try
to patch things up and avoid government collapse and financial turmoil, but the
inconsistencies and uncertainty connected with the process is causing investors
to remain worried. Investors are beginning to wonder if the changes that take
place now be enough to pull the economies from the brink of ruin. The worry
continues to apply negative pressure to the primary stock market indices and as
a result, stock action has been weaker. This morning, prior to opening bell, the
primary index futures were posting red across the board. Futures for the Dow
Jones Industrial Average, Nasdaq, as well as the S&P 500 futures, were negative
and stocks were positioned once again for the lower open today. Markets in the
eurozone were sharply lower today and this weight affected index trend-line
movement in the U.S. As the trading session approached the mid-day mark, the
primary stock composites in the U.S. were still red across the board. The DJIA
was lower by .11 percent at 12,065.25. The Nasdaq was lower by .10 percent at
2,654.76. The S&P 500 was red by .12 percent at 1,250.31 at this point in the
session. Frank Matto
Top 10 U.S.-Listed Chinese Stocks with Highest Upside: CHC, CIS, MY, XNY, CCIH, NOAH, CMED, CISG, VISN, CAAS (Nov 15, 2011)
Below are the top 10 U.S.-listed Chinese stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. China Hydroelectric Corporation (USD) (NYSE:CHC) has the 1st
highest upside potential in this segment of the market. Its upside is 488.2%.
Its consensus target price is $9.00 based on the average of all estimates.
Camelot Information Systems Inc (ADR) (NYSE:CIS) has the 2nd highest upside
potential in this segment of the market. Its upside is 285.4%. Its consensus
target price is $10.18 based on the average of all estimates. China Ming Yang
Wind Power Group Ltd (NYSE:MY) has the 3rd highest upside potential in this
segment of the market. Its upside is 236.7%. Its consensus target price is $7.48
based on the average of all estimates. China Xiniya Fashion Ltd (ADR) (NYSE:XNY)
has the 4th highest upside potential in this segment of the market. Its upside
is 229.5%. Its consensus target price is $5.67 based on the average of all
estimates. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) has the 5th
highest upside potential in this segment of the market. Its upside is 187.6%.
Its consensus target price is $14.58 based on the average of all estimates. Noah
Holdings Limited (ADR) (NYSE:NOAH) has the 6th highest upside potential in this
segment of the market. Its upside is 177.7%. Its consensus target price is
$19.97 based on the average of all estimates. China Medical Technologies, Inc.
(ADR) (NASDAQ:CMED) has the 7th highest upside potential in this segment of the
market. Its upside is 168.8%. Its consensus target price is $11.67 based on the
average of all estimates. CNinsure Inc. (ADR) (NASDAQ:CISG) has the 8th highest
upside potential in this segment of the market. Its upside is 165.8%. Its
consensus target price is $20.36 based on the average of all estimates.
VisionChina Media Inc (ADR) (NASDAQ:VISN) has the 9th highest upside potential
in this segment of the market. Its upside is 159.6%. Its consensus target price
is $3.84 based on the average of all estimates. China Automotive Systems, Inc.
(NASDAQ:CAAS) has the 10th highest upside potential in this segment of the
market. Its upside is 154.3%. Its consensus target price is $11.75 based on the
average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. China Hydroelectric Corporation (USD) (NYSE:CHC) has the 1st
highest upside potential in this segment of the market. Its upside is 488.2%.
Its consensus target price is $9.00 based on the average of all estimates.
Camelot Information Systems Inc (ADR) (NYSE:CIS) has the 2nd highest upside
potential in this segment of the market. Its upside is 285.4%. Its consensus
target price is $10.18 based on the average of all estimates. China Ming Yang
Wind Power Group Ltd (NYSE:MY) has the 3rd highest upside potential in this
segment of the market. Its upside is 236.7%. Its consensus target price is $7.48
based on the average of all estimates. China Xiniya Fashion Ltd (ADR) (NYSE:XNY)
has the 4th highest upside potential in this segment of the market. Its upside
is 229.5%. Its consensus target price is $5.67 based on the average of all
estimates. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) has the 5th
highest upside potential in this segment of the market. Its upside is 187.6%.
Its consensus target price is $14.58 based on the average of all estimates. Noah
Holdings Limited (ADR) (NYSE:NOAH) has the 6th highest upside potential in this
segment of the market. Its upside is 177.7%. Its consensus target price is
$19.97 based on the average of all estimates. China Medical Technologies, Inc.
(ADR) (NASDAQ:CMED) has the 7th highest upside potential in this segment of the
market. Its upside is 168.8%. Its consensus target price is $11.67 based on the
average of all estimates. CNinsure Inc. (ADR) (NASDAQ:CISG) has the 8th highest
upside potential in this segment of the market. Its upside is 165.8%. Its
consensus target price is $20.36 based on the average of all estimates.
VisionChina Media Inc (ADR) (NASDAQ:VISN) has the 9th highest upside potential
in this segment of the market. Its upside is 159.6%. Its consensus target price
is $3.84 based on the average of all estimates. China Automotive Systems, Inc.
(NASDAQ:CAAS) has the 10th highest upside potential in this segment of the
market. Its upside is 154.3%. Its consensus target price is $11.75 based on the
average of all estimates.
Google Inc. (NASDAQ:GOOG) Reveals Some Search Secrets
Google Inc. (NASDAQ:GOOG) has published some details about its secret process
for ranking websites. Google Inc. (NASDAQ:GOOG) Reveals Some Search Secrets For
the first time, Google Inc. (NASDAQ:GOOG) on Monday offered a rare glimpse at
its secret process of ranking internet websites to make its users know how the
company ranks websites. The company published 10 recent changes that it has made
to its search algorithm, including how it treats web searches and a refinement
around the way it displays results. This move came as the FTC is investigating
allegations that Google Inc. (NASDAQ:GOOG) is favoring its own business in
search results by violating antitrust laws. Google Inc. (NASDAQ:GOOG) shares
were at 613 at the end of the last days trading. Theres been a 7.9% movement in
the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.18 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.28 Zacks Rank: 3 out of 30 in the industry
for ranking websites. Google Inc. (NASDAQ:GOOG) Reveals Some Search Secrets For
the first time, Google Inc. (NASDAQ:GOOG) on Monday offered a rare glimpse at
its secret process of ranking internet websites to make its users know how the
company ranks websites. The company published 10 recent changes that it has made
to its search algorithm, including how it treats web searches and a refinement
around the way it displays results. This move came as the FTC is investigating
allegations that Google Inc. (NASDAQ:GOOG) is favoring its own business in
search results by violating antitrust laws. Google Inc. (NASDAQ:GOOG) shares
were at 613 at the end of the last days trading. Theres been a 7.9% movement in
the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.18 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.28 Zacks Rank: 3 out of 30 in the industry
U.S PPI Slightly Declined in October – November Report
The producer price index was published today. It showed a moderate decrease in
the PPI for finished goods in October compared to September – a decrease of
0.3%. This report also serves as an indicator for the upcoming U.S core CPI to
be published tomorrow, November 16th. The energy index is one of the prime
factors that declined during October by 1.4%, while the food index slightly
inclined by 0.1%. On an annual scale, the PPI inclined by 5.9% during the past
12 months. The Producer Price index excluding food and energy remained unchanged
during October. This PPI ex food and energy is estimated to have a lagged
negative linear correlation with gold price; i.e. as the PPI falls, gold price
tends to rise the following day. Furthermore, the PPI excluding food and energy
has a positive linear correlation with silver price. These relations are mainly
directed via the U.S dollar changes.
the PPI for finished goods in October compared to September – a decrease of
0.3%. This report also serves as an indicator for the upcoming U.S core CPI to
be published tomorrow, November 16th. The energy index is one of the prime
factors that declined during October by 1.4%, while the food index slightly
inclined by 0.1%. On an annual scale, the PPI inclined by 5.9% during the past
12 months. The Producer Price index excluding food and energy remained unchanged
during October. This PPI ex food and energy is estimated to have a lagged
negative linear correlation with gold price; i.e. as the PPI falls, gold price
tends to rise the following day. Furthermore, the PPI excluding food and energy
has a positive linear correlation with silver price. These relations are mainly
directed via the U.S dollar changes.
Apple Inc. (NASDAQ:AAPL) To Release Ultrabook Killer?
Apple Inc. (NASDAQ:AAPL) is set to introduce a new 15-inch ultra-thin notebook
in 2012. Apple Inc. (NASDAQ:AAPL) To Release Ultrabook Killer? According to
reports, the US based technology giant Apple Inc. (NASDAQ:AAPL) is planning to
introduce a new 15-inch MacBook in March 2012. DigiTimes report says that,
"Upstream suppliers are said to have begun shipping the components this month,
though it remains unclear whether the final version of the 15-inch laptop will
be marketed as a MacBook Air or a MacBook Pro. Based on the timing of the order,
Apple Inc. (NASDAQ:AAPL) will begin the mass shipments of the device in March of
next year." The likely decision comes in the wake of competitors readying a
media-blitz surrounding the release of new Ultrabook PCs around the world. Apple
Inc. (NASDAQ:AAPL) stocks were at 379.26 at the end of the last days trading.
Theres been a 2.0% change in the stock price over the past 3 months. Apple Inc.
(NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry
in 2012. Apple Inc. (NASDAQ:AAPL) To Release Ultrabook Killer? According to
reports, the US based technology giant Apple Inc. (NASDAQ:AAPL) is planning to
introduce a new 15-inch MacBook in March 2012. DigiTimes report says that,
"Upstream suppliers are said to have begun shipping the components this month,
though it remains unclear whether the final version of the 15-inch laptop will
be marketed as a MacBook Air or a MacBook Pro. Based on the timing of the order,
Apple Inc. (NASDAQ:AAPL) will begin the mass shipments of the device in March of
next year." The likely decision comes in the wake of competitors readying a
media-blitz surrounding the release of new Ultrabook PCs around the world. Apple
Inc. (NASDAQ:AAPL) stocks were at 379.26 at the end of the last days trading.
Theres been a 2.0% change in the stock price over the past 3 months. Apple Inc.
(NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.22 Zacks
Rank: 1 out of 2 in the industry
Todays Gold Price Per Ounce Spot Gold Price Per Gram Rates; Spot Silver Price Per Ounce; Current Gold Silver Investment News
Gold and silver contract price per ounce rates closed out the opening trading
session of the week on the negative side of break-even. Gold and silver prices
dropped lower as the inconsistency and uncertainty in the eurozone weakened the
euro. As a result, the dollar gained strength versus the euro and this applied
negative pressure to investor acquisition of gold and silver. Since many
investors purchase precious metal gold as a way to build investment stability
versus the weak dollar, gold investments sloped negatively due to the current
currency relationships. To open the trading week, gold finished the day lower by
9.70 to close out at 1778.40 per troy ounce. Silver contract for December
delivery finished red as well by .66 to close out at 34.02 per troy ounce. Prior
to opening bell this morning, stock futures were red in the U.S. and spot gold
and spot silver price trend-line presentations continued to move in negative
territory. As the trading session reached the mid-day mark in the U.S., the
primary indices were still red and precious metal gold and silver contracts were
presenting more positively. Gold contract for December delivery was green by .28
percent at 1783.40 per troy ounce according to electronic pricing approaching
mid-day. Silver contract for December delivery was better by 1.66 percent at
34.59 per troy ounce according to electronic pricing at this point. Spot gold
price per gram was green at this point by .07 at 57.25 and spot silver price per
ounce was green by .44 at 34.47. Camillo Zucari
session of the week on the negative side of break-even. Gold and silver prices
dropped lower as the inconsistency and uncertainty in the eurozone weakened the
euro. As a result, the dollar gained strength versus the euro and this applied
negative pressure to investor acquisition of gold and silver. Since many
investors purchase precious metal gold as a way to build investment stability
versus the weak dollar, gold investments sloped negatively due to the current
currency relationships. To open the trading week, gold finished the day lower by
9.70 to close out at 1778.40 per troy ounce. Silver contract for December
delivery finished red as well by .66 to close out at 34.02 per troy ounce. Prior
to opening bell this morning, stock futures were red in the U.S. and spot gold
and spot silver price trend-line presentations continued to move in negative
territory. As the trading session reached the mid-day mark in the U.S., the
primary indices were still red and precious metal gold and silver contracts were
presenting more positively. Gold contract for December delivery was green by .28
percent at 1783.40 per troy ounce according to electronic pricing approaching
mid-day. Silver contract for December delivery was better by 1.66 percent at
34.59 per troy ounce according to electronic pricing at this point. Spot gold
price per gram was green at this point by .07 at 57.25 and spot silver price per
ounce was green by .44 at 34.47. Camillo Zucari
Who’s Making Money on the Ever-Growing App Market?
We used to call them programs. Designers called them applications. Now theyre
apps, and they are everywhere. The modern American consumer is bombarded from
all angles with apps, from old media standbys like newspapers hocking smartphone
editions, to modern gadgets like the iPad whose greatest business success is
driving app sales themselves. The mobile app market is growing fast enough to
reflect that cultural saturation. Research firm Canalys expects the mobile app
market to generate $7.3 billion by the end of 2011 . The market will nearly
double by the end of 2012, growing to $14.1 billion. By 2015, mobile apps will
be a $36.7 billion business. But just who is making that money? Right now, the
answer is complicated where consumers are buying their apps, how much theyre
spending, and where app developers are pooling their resources is changing
rapidly. According to a report at All Things Digital , Apple (NASDAQ: AAPL ) and
Google s (NASDAQ: GOOG ) platforms are the Nos. 1 and 2 choices for app
developers. Where Research in Motion s (NASDAQ: RIMM ) BlackBerry operating
system used to be a close third in terms of developer interest, Microsoft
(NASDAQ: MSFT ) Windows has overtaken it. Thanks to enthusiasm for Microsofts
partnership with Nokia (NYSE: NOK ), 38% of app developers are interested in
developing for Windows Phone 7 while just 21% are now interested in developing
for BlackBerry. App developer interest is just one piece of a much larger story,
though. Actual app users arent in lockstep with makers. Apple might lead app
maker interest, but iPhone users download fewer apps than consumers on competing
devices. As of September, the average user on Nokias Ovi downloaded 160% more
apps than the average iPhone user. The average Microsoft user downloaded 80%
more, and BlackBerry users 43% more. (The average Google Android user actually
downloaded 5% fewer apps than iPhone users.) Which brings us right back to the
$7.3 billion-dollar question: Whos making the most money? Apples app store
generated $1.8 billion in revenue last year, according to IHS Screen Digest. The
average iOS app maker, meanwhile, only receives about $8,500 from Apple per
year. Google Androids App Market pulled in $102 million total last year, and
those apps have generated just $2,500 per app for developers on average.
BlackBerry Apps generated about $165 million, and Ovi apps about $105 million.
2011 should end with a very different landscape, though. Apples recently filed
10-K reported $6.3 billion in sales from its iTunes segment, which includes all
App Store sales. RIM claimed in October that its BlackBerry App World still is
more profitable than Googles Android Market . With app makers jumping ship from
RIM to Windows, though, its difficult to say how long RIM will be able to keep
boasting about its profitability. This is all to say nothing of the growing
tablet market as well. App developers previously captivated by Apples iPad are
now finally turning towards Android platforms , with 56% of developers
expressing interest in developing for Samsungs Galaxy Tab devices and 49%
looking to make apps for Amazon s (NASDAQ: AMZN ) new Kindle Fire tablet. Whos
making the money? The simplest answer right now is the platform holders, Apple,
Google and the others but not the developers. But where those scantily paid
developers go, though, could alter whos eating the biggest slice of the
ever-growing app market pie. As of this writing, Anthony John Agnello did not
own a position in any of the stocks named here. Follow him on Twitter at
apps, and they are everywhere. The modern American consumer is bombarded from
all angles with apps, from old media standbys like newspapers hocking smartphone
editions, to modern gadgets like the iPad whose greatest business success is
driving app sales themselves. The mobile app market is growing fast enough to
reflect that cultural saturation. Research firm Canalys expects the mobile app
market to generate $7.3 billion by the end of 2011 . The market will nearly
double by the end of 2012, growing to $14.1 billion. By 2015, mobile apps will
be a $36.7 billion business. But just who is making that money? Right now, the
answer is complicated where consumers are buying their apps, how much theyre
spending, and where app developers are pooling their resources is changing
rapidly. According to a report at All Things Digital , Apple (NASDAQ: AAPL ) and
Google s (NASDAQ: GOOG ) platforms are the Nos. 1 and 2 choices for app
developers. Where Research in Motion s (NASDAQ: RIMM ) BlackBerry operating
system used to be a close third in terms of developer interest, Microsoft
(NASDAQ: MSFT ) Windows has overtaken it. Thanks to enthusiasm for Microsofts
partnership with Nokia (NYSE: NOK ), 38% of app developers are interested in
developing for Windows Phone 7 while just 21% are now interested in developing
for BlackBerry. App developer interest is just one piece of a much larger story,
though. Actual app users arent in lockstep with makers. Apple might lead app
maker interest, but iPhone users download fewer apps than consumers on competing
devices. As of September, the average user on Nokias Ovi downloaded 160% more
apps than the average iPhone user. The average Microsoft user downloaded 80%
more, and BlackBerry users 43% more. (The average Google Android user actually
downloaded 5% fewer apps than iPhone users.) Which brings us right back to the
$7.3 billion-dollar question: Whos making the most money? Apples app store
generated $1.8 billion in revenue last year, according to IHS Screen Digest. The
average iOS app maker, meanwhile, only receives about $8,500 from Apple per
year. Google Androids App Market pulled in $102 million total last year, and
those apps have generated just $2,500 per app for developers on average.
BlackBerry Apps generated about $165 million, and Ovi apps about $105 million.
2011 should end with a very different landscape, though. Apples recently filed
10-K reported $6.3 billion in sales from its iTunes segment, which includes all
App Store sales. RIM claimed in October that its BlackBerry App World still is
more profitable than Googles Android Market . With app makers jumping ship from
RIM to Windows, though, its difficult to say how long RIM will be able to keep
boasting about its profitability. This is all to say nothing of the growing
tablet market as well. App developers previously captivated by Apples iPad are
now finally turning towards Android platforms , with 56% of developers
expressing interest in developing for Samsungs Galaxy Tab devices and 49%
looking to make apps for Amazon s (NASDAQ: AMZN ) new Kindle Fire tablet. Whos
making the money? The simplest answer right now is the platform holders, Apple,
Google and the others but not the developers. But where those scantily paid
developers go, though, could alter whos eating the biggest slice of the
ever-growing app market pie. As of this writing, Anthony John Agnello did not
own a position in any of the stocks named here. Follow him on Twitter at
Gold Stocks (GDX) Mixed, M&A Activity to Heat Up?
GOLD STOCKS NEWS – Gold stocks were mixed Tuesday morning as the Market
Vectors Gold Miners ETF (GDX) inched lower by $0.19, or 0.3%, to $60.98 per
share.
Vectors Gold Miners ETF (GDX) inched lower by $0.19, or 0.3%, to $60.98 per
share.
Spanish Mountain Gold Delivers Updated Resource Estimate
Spanish Mountain Gold (SPA.TSXV) announced an updated National Instrument
43-101 compliant resource estimate for its wholly owned Spanish Mountain Gold
Project in central British Columbia, Canada.
43-101 compliant resource estimate for its wholly owned Spanish Mountain Gold
Project in central British Columbia, Canada.
Microsoft Corporation (NASDAQ:MSFT) Creates Halo Homage
Microsoft has created a living monument to its shooting franchise Halo.
Microsoft Corporation (NASDAQ:MSFT) Creates Halo Homage Microsoft Corporation
(NASDAQ:MSFT) and studio 343 Industries have launched a new website called
'the Halo Living Monument' as a tribute to the Xboxs signature franchise.
The new website allows players to honor lead character Master Chief and the
stellar first-person shooter. Users can upload images featuring their favorite
moments from Halo, and each picture will blend together to form an interactive,
3-D mosaic of Master Chief. Microsoft Corp. (NASDAQ:MSFT) company shares are
currently standing at 26.76. Price History Last Price: 26.76 52 Week Low / High:
23.65 / 29.46 50 Day Moving Average: 26.36 6 Month Price Change %: 7.5% 12 Month
Price Change %: 0.9%
Microsoft Corporation (NASDAQ:MSFT) Creates Halo Homage Microsoft Corporation
(NASDAQ:MSFT) and studio 343 Industries have launched a new website called
'the Halo Living Monument' as a tribute to the Xboxs signature franchise.
The new website allows players to honor lead character Master Chief and the
stellar first-person shooter. Users can upload images featuring their favorite
moments from Halo, and each picture will blend together to form an interactive,
3-D mosaic of Master Chief. Microsoft Corp. (NASDAQ:MSFT) company shares are
currently standing at 26.76. Price History Last Price: 26.76 52 Week Low / High:
23.65 / 29.46 50 Day Moving Average: 26.36 6 Month Price Change %: 7.5% 12 Month
Price Change %: 0.9%
Claude Hits High-Grade Gold at Santoy Gap
Claude Resources (CRJ.TSX, AMEX: CGR) announced an update from its on-going
drill program at the Santoy Gap within the Companys 100%-owned, 14,400 hectare
Seabee Project in Saskatchewan, Canada.
drill program at the Santoy Gap within the Companys 100%-owned, 14,400 hectare
Seabee Project in Saskatchewan, Canada.
Google Inc. (NASDAQ:GOOG) Unveils Massive Analytics
Google Inc. (NASDAQ:GOOG) has released BigQuery cloud data analytics service.
Google Inc. (NASDAQ:GOOG) Unveils Massive Analytics Google Inc. (NASDAQ:GOOG)
has made improvements to its massive analytics service BigQuery cloud data
analytic engine and released it to the market after a years beta trail. The
service offers analysis of massively large uncompressed data up to 70TB, without
the need to invest in dedicated data center resources. Google Inc.
(NASDAQ:GOOG)'s vice president of applications Dave Girouard said, "This is
one of those things you would have to have spent incredible amounts of money to
get in the past. That's one of the benefits of cloud – an infrastructure
that would have cost you $5m a few years ago can now be had for less than half a
million". Google Inc. (NASDAQ:GOOG) company shares are currently standing at
613. Price History Last Price: 613 52 Week Low / High: 473.02 / 642.96 50 Day
Moving Average: 556.44 6 Month Price Change %: 14.9% 12 Month Price Change %:
-1.4%
Google Inc. (NASDAQ:GOOG) Unveils Massive Analytics Google Inc. (NASDAQ:GOOG)
has made improvements to its massive analytics service BigQuery cloud data
analytic engine and released it to the market after a years beta trail. The
service offers analysis of massively large uncompressed data up to 70TB, without
the need to invest in dedicated data center resources. Google Inc.
(NASDAQ:GOOG)'s vice president of applications Dave Girouard said, "This is
one of those things you would have to have spent incredible amounts of money to
get in the past. That's one of the benefits of cloud – an infrastructure
that would have cost you $5m a few years ago can now be had for less than half a
million". Google Inc. (NASDAQ:GOOG) company shares are currently standing at
613. Price History Last Price: 613 52 Week Low / High: 473.02 / 642.96 50 Day
Moving Average: 556.44 6 Month Price Change %: 14.9% 12 Month Price Change %:
-1.4%
Klondex Raises Capital to Fund Fire Creek Gold Project
Klondex Mines (KDX.TSX) announced an equity financing consisting of one common
share and one-half of one common share purchase warrant.
share and one-half of one common share purchase warrant.
Top 10 NASDAQ-100 Stocks with Highest Upside: GMCR, VRTX, NIHD, MU, RIMM, WCRX, CTRP, FSLR, SIRI, TEVA (Nov 15, 2011)
Below are the top 10 stocks in the NASDAQ-100 index
This Is No Time to Bet on DineEquity
What better time to refocus on risk than in the wake of an enormous six-week
rally? The market has come a long way since early October, sparking huge moves
in countless stocks that were on the ropes not so long ago. Investors might be
feeling better as a result, but that doesn't mean it's safe to take your eye
off the ball. Europe remains an accident waiting to happen, leaving open the
possibility of a meaningful slowdown in growth in the year ahead. If the
recession scenario does in fact play out, companies that have little financial
wiggle room are likely to see their stocks obliterated. As a result, this is no
time to take a chance on stocks of companies with excessive levels of debt.
DineEquity (NYSE: DIN ) is a prime example of a stock that could be vulnerable
to a sudden downturn in growth. It seems un-American to pan the stock of a
company that brought us the Rooty Tooty Fresh N'Fruity, but the owner of the
IHOP and Applebee's chains is in a tenuous position. The company has a massive
debt load of $1.5 billion due to its leveraged buyout of Applebee's in 2007,
which dwarfs its annual free cash flow of $177 million. The company has been
actively reducing debt by moving to a franchise model, but more than 95% of its
restaurants are now franchised indicating that this strategy is nearing its
limit. Click to Enlarge Notably, DineEquity has the 20th-highest debt-to-equity
ratio (14.8) of all publicly traded U.S. stocks, according to ycharts.com, and
it is seventh among those with market caps of over $500 million. It also is the
highest in the restaurant sector, ahead of Sonic (NASDAQ: SONC ) at 10.3 and
Morton's Restaurant Group (NYSE: MRT ) at 4.8. DIN shares are down 11%
year-to-date, while Sonic is off 28% and Morton's has fallen 22%. Sales at
Applebee's and IHOP fell 0.3% and 1.5%, respectively, during the third
quarter, and the company lowered its forecasts for 2012. Because of its focus on
the low-end market, both chains are primed for further weakness if the economic
backdrop worsens in the months ahead. With food costs rising and a large debt
load to maintain, DineEquity can ill afford slower top-line growth. During the
last recession, the stock fell from a peak near $70 to a low in the mid-single
digits indicating the potential danger of owning this stock when economic
growth is weak. DineEquity shares might look tempting now that they're off
over 25% from their high for the year, but with so many stocks to choose from in
the casual dining sector, there's no reason to shoulder the risks that come
with owning this name. Naturally, there also is the distinct possibility that
Europe will manage to contain its problems and we will ease into an environment
of slow, steady global growth. In that scenario, DineEquity and other heavily
indebted, higher-risk stocks likely would provide investors with robust returns
in 2012. In addition, DIN has a high short interest (14.2% of shares outstanding
on Oct. 31), providing some added fuel if there's better-than-expected news.
But why take the chance? At a time when the "tail risk" is substantial,
there's no sense rolling the dice on a stock with above-average downside
potential. As of this writing, Daniel Putnam did not own a position in any of
the aforementioned stocks.
rally? The market has come a long way since early October, sparking huge moves
in countless stocks that were on the ropes not so long ago. Investors might be
feeling better as a result, but that doesn't mean it's safe to take your eye
off the ball. Europe remains an accident waiting to happen, leaving open the
possibility of a meaningful slowdown in growth in the year ahead. If the
recession scenario does in fact play out, companies that have little financial
wiggle room are likely to see their stocks obliterated. As a result, this is no
time to take a chance on stocks of companies with excessive levels of debt.
DineEquity (NYSE: DIN ) is a prime example of a stock that could be vulnerable
to a sudden downturn in growth. It seems un-American to pan the stock of a
company that brought us the Rooty Tooty Fresh N'Fruity, but the owner of the
IHOP and Applebee's chains is in a tenuous position. The company has a massive
debt load of $1.5 billion due to its leveraged buyout of Applebee's in 2007,
which dwarfs its annual free cash flow of $177 million. The company has been
actively reducing debt by moving to a franchise model, but more than 95% of its
restaurants are now franchised indicating that this strategy is nearing its
limit. Click to Enlarge Notably, DineEquity has the 20th-highest debt-to-equity
ratio (14.8) of all publicly traded U.S. stocks, according to ycharts.com, and
it is seventh among those with market caps of over $500 million. It also is the
highest in the restaurant sector, ahead of Sonic (NASDAQ: SONC ) at 10.3 and
Morton's Restaurant Group (NYSE: MRT ) at 4.8. DIN shares are down 11%
year-to-date, while Sonic is off 28% and Morton's has fallen 22%. Sales at
Applebee's and IHOP fell 0.3% and 1.5%, respectively, during the third
quarter, and the company lowered its forecasts for 2012. Because of its focus on
the low-end market, both chains are primed for further weakness if the economic
backdrop worsens in the months ahead. With food costs rising and a large debt
load to maintain, DineEquity can ill afford slower top-line growth. During the
last recession, the stock fell from a peak near $70 to a low in the mid-single
digits indicating the potential danger of owning this stock when economic
growth is weak. DineEquity shares might look tempting now that they're off
over 25% from their high for the year, but with so many stocks to choose from in
the casual dining sector, there's no reason to shoulder the risks that come
with owning this name. Naturally, there also is the distinct possibility that
Europe will manage to contain its problems and we will ease into an environment
of slow, steady global growth. In that scenario, DineEquity and other heavily
indebted, higher-risk stocks likely would provide investors with robust returns
in 2012. In addition, DIN has a high short interest (14.2% of shares outstanding
on Oct. 31), providing some added fuel if there's better-than-expected news.
But why take the chance? At a time when the "tail risk" is substantial,
there's no sense rolling the dice on a stock with above-average downside
potential. As of this writing, Daniel Putnam did not own a position in any of
the aforementioned stocks.
Gold & Silver Prices – Daily Outlook November 15
Gold and silver prices changed direction and slightly slipped on the first day
of the week. There are many news items on the agenda today including Great
Britain CPI, Euro Area GDP for the third quarter, U.S. Retail Sales, U.S.
Producer Price Index and Bank of Japan Rate Decision. Currently gold and silver
prices are traded slightly down. Here is a market outlook of precious metals
prices for today, November 15th: Gold and Silver Prices – November Update Gold
price slightly declined on Monday by 0.54% to $1,778.4; silver price also
declined by 1.90% to $34.02. The chart below presents the development of gold
and silver prices in recent month (normalized gold and silver prices to October
31st 2011). During November, gold price increased by 3.1%, while silver price
slightly slipped by 1.0%. The ratio between gold and silver prices slightly rose
on Monday, November 14th to 52.27. During November, gold price rose by a higher
rate than silver price so that the ratio rose by 4.1%. Goldman Lowers Forecast
on Commodities Prices According to Bloomberg, Goldman Sachs reduced its one year
projections on major commodities prices; Goldmans current prediction for silver
price is $32.2 within a year
of the week. There are many news items on the agenda today including Great
Britain CPI, Euro Area GDP for the third quarter, U.S. Retail Sales, U.S.
Producer Price Index and Bank of Japan Rate Decision. Currently gold and silver
prices are traded slightly down. Here is a market outlook of precious metals
prices for today, November 15th: Gold and Silver Prices – November Update Gold
price slightly declined on Monday by 0.54% to $1,778.4; silver price also
declined by 1.90% to $34.02. The chart below presents the development of gold
and silver prices in recent month (normalized gold and silver prices to October
31st 2011). During November, gold price increased by 3.1%, while silver price
slightly slipped by 1.0%. The ratio between gold and silver prices slightly rose
on Monday, November 14th to 52.27. During November, gold price rose by a higher
rate than silver price so that the ratio rose by 4.1%. Goldman Lowers Forecast
on Commodities Prices According to Bloomberg, Goldman Sachs reduced its one year
projections on major commodities prices; Goldmans current prediction for silver
price is $32.2 within a year
Gold and Silver Prices Started the Week Falling –Recap November 14
Major commodities prices changed direction and started the week with moderate
falls; many currencies including Euro, CAD and AUD depreciated against the US
dollar; gold and silver prices moderately declined; crude oil prices also
changed direction and slipped; natural gas prices continue their free fall and
sharply declined again. Here is a summary of the price movements of precious
metals and energy commodities for November 14th: Precious Metals Prices: Gold
price moderately declined yesterday by 0.54% and reached $1,778.40; Silver price
also declined by 1.90% to reach $34.02. During November, gold price rose by
3.1%, while silver price moderately decreased by 0.96%.
falls; many currencies including Euro, CAD and AUD depreciated against the US
dollar; gold and silver prices moderately declined; crude oil prices also
changed direction and slipped; natural gas prices continue their free fall and
sharply declined again. Here is a summary of the price movements of precious
metals and energy commodities for November 14th: Precious Metals Prices: Gold
price moderately declined yesterday by 0.54% and reached $1,778.40; Silver price
also declined by 1.90% to reach $34.02. During November, gold price rose by
3.1%, while silver price moderately decreased by 0.96%.
Stocks Could Go Higher, But Don’t Bet on It
Yesterday, investors' focus shifted again to Europe, and especially to Italy
where a new government took over during the weekend. But the bond markets
weren't kind to the new government, and its 10-year bond rose to over 7% a
level of debt service that the country cannot sustain. As a result, Europe's
major bourses sold off by 1%, andU.S. markets followed with a loss of 0.61% on
the Dow Jones Industrial Average, 0.91% on the S&P 500, and 0.8% on the Nasdaq.
Volume was light with just 709 million shares trading on the NYSE and 375
million on the Nasdaq. Decliners outnumbered advancers on both exchanges by over
3-to-1. Click to Enlarge At first glance it looks like the technical pattern of
the Dow has not changed much in the last week. The index is still range-bound
between 11,650 and 12,200. But two changes are worth noting: 1. The index has
been able to maintain a level above the 200-day moving average while still
failing to establish a clear near-term direction.
where a new government took over during the weekend. But the bond markets
weren't kind to the new government, and its 10-year bond rose to over 7% a
level of debt service that the country cannot sustain. As a result, Europe's
major bourses sold off by 1%, andU.S. markets followed with a loss of 0.61% on
the Dow Jones Industrial Average, 0.91% on the S&P 500, and 0.8% on the Nasdaq.
Volume was light with just 709 million shares trading on the NYSE and 375
million on the Nasdaq. Decliners outnumbered advancers on both exchanges by over
3-to-1. Click to Enlarge At first glance it looks like the technical pattern of
the Dow has not changed much in the last week. The index is still range-bound
between 11,650 and 12,200. But two changes are worth noting: 1. The index has
been able to maintain a level above the 200-day moving average while still
failing to establish a clear near-term direction.
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