Gold and silver prices, much like may other commodities prices, continue to
zigzag with no clear direction; yesterday gold and silver prices moderately
declined. Other commodities prices also decreased yesterday: Crude oil prices
including Brent oil and WTI oil prices declined; natural gas spot prices also
sharply decreased on Wednesday. Many currencies including Euro and Australian
dollar sharply depreciated against the US dollar. Here is a summary of the price
movements of precious metals and energy commodities for November 23rd: Precious
Metals Prices: Gold price slightly fell yesterday by 0.21% and reached
$1,698.80; Silver price also declined by 3.23% to reach $31.96. During November,
gold price fell by 1.5%, and silver price decreased by 6.96%.
Wednesday, November 23, 2011
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7 Foreign Telecom Stocks to Hang Up On
Telecom stocks like AT&T (NYSE: T ) and Verizon (NYSE: VZ ) are popular because
of stable business models and rich revenue streams that add up to big dividends.
But don't fool yourself into thinking a tip-top dividend yield makes all
telecom stocks a good investment. Many telecoms that provide service overseas
have been caught up in the euro zone debacle and other local issues that have
sent their shares sharply downward, offsetting any income potential. I watch
more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
pinpointed seven foreign telecom stocks to hang up on. Here they are, in
alphabetical order. Each one of these stocks gets a "D" or "F" according
to my research, meaning it is a "sell" or "strong sell." France Telecom
(NYSE: FTE ) is an international company that focuses on fixed and mobile
communications, data transmission and the Internet and multimedia among other
services. Despite its global reach, FTE stock has foundered this year, down
nearly 24% year-to-date. KT Corp. (NYSE: KT ) is an integrated telecom that
operates in South Korea. Like many other international telecom stocks, KT is
down this year, in this case by 26%. Portugal Telecom SGPS (NYSE: PT ) stock has
dipped 46%, year-to-date, compared to the Dow Jones, which is down less than 1%.
Tele Norte Leste Particiapcoes (NYSE: TNE ) is based in Brazil and offers a wide
range of services, including fixed-line and mobile telecom, data transmission,
pay TV, Internet and call-center services. A drop of 37% year-to-date has left
many TNE shareholders wondering why they made their initial investment.
Telefonica (NYSE: TEF ) is based in Spain and operates in the telecom, media and
contact-center industries. TEF has followed the lead of many other telecom
stocks and is down 20% since the start of 2011. Telecom Argentina (NYSE: TEO )
provides numerous services, including: national fixed-line telecommunications,
international long-distance, data transmission, Internet and mobile phone
service. A stark dip of 27% for TEO has far outpaced the minimal losses by the
broader markets. Telekomunikasi Indonesia (NYSE: TLK ) offers many services, not
limited to fixed wire-line and fixed wireless phone, mobile cellular, data and
Internet and network and interconnection. TLK may have looked like a smart buy
for some, but it has dipped almost 9% year-to-date. Get more analysis of these
picks and other publicly traded stocks with Louis Navellier's Portfolio Grader
tool, a 100% free stock-rating tool that measures both quantitative buying
pressure and eight fundamental factors.
of stable business models and rich revenue streams that add up to big dividends.
But don't fool yourself into thinking a tip-top dividend yield makes all
telecom stocks a good investment. Many telecoms that provide service overseas
have been caught up in the euro zone debacle and other local issues that have
sent their shares sharply downward, offsetting any income potential. I watch
more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
pinpointed seven foreign telecom stocks to hang up on. Here they are, in
alphabetical order. Each one of these stocks gets a "D" or "F" according
to my research, meaning it is a "sell" or "strong sell." France Telecom
(NYSE: FTE ) is an international company that focuses on fixed and mobile
communications, data transmission and the Internet and multimedia among other
services. Despite its global reach, FTE stock has foundered this year, down
nearly 24% year-to-date. KT Corp. (NYSE: KT ) is an integrated telecom that
operates in South Korea. Like many other international telecom stocks, KT is
down this year, in this case by 26%. Portugal Telecom SGPS (NYSE: PT ) stock has
dipped 46%, year-to-date, compared to the Dow Jones, which is down less than 1%.
Tele Norte Leste Particiapcoes (NYSE: TNE ) is based in Brazil and offers a wide
range of services, including fixed-line and mobile telecom, data transmission,
pay TV, Internet and call-center services. A drop of 37% year-to-date has left
many TNE shareholders wondering why they made their initial investment.
Telefonica (NYSE: TEF ) is based in Spain and operates in the telecom, media and
contact-center industries. TEF has followed the lead of many other telecom
stocks and is down 20% since the start of 2011. Telecom Argentina (NYSE: TEO )
provides numerous services, including: national fixed-line telecommunications,
international long-distance, data transmission, Internet and mobile phone
service. A stark dip of 27% for TEO has far outpaced the minimal losses by the
broader markets. Telekomunikasi Indonesia (NYSE: TLK ) offers many services, not
limited to fixed wire-line and fixed wireless phone, mobile cellular, data and
Internet and network and interconnection. TLK may have looked like a smart buy
for some, but it has dipped almost 9% year-to-date. Get more analysis of these
picks and other publicly traded stocks with Louis Navellier's Portfolio Grader
tool, a 100% free stock-rating tool that measures both quantitative buying
pressure and eight fundamental factors.
7 Foreign Telecom Stocks to Hang Up On
Telecom stocks like AT&T (NYSE: T ) and Verizon (NYSE: VZ ) are popular because
of stable business models and rich revenue streams that add up to big dividends.
But don't fool yourself into thinking a tip-top dividend yield makes all
telecom stocks a good investment. Many telecoms that provide service overseas
have been caught up in the euro zone debacle and other local issues that have
sent their shares sharply downward, offsetting any income potential. I watch
more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
pinpointed seven foreign telecom stocks to hang up on. Here they are, in
alphabetical order. Each one of these stocks gets a "D" or "F" according
to my research, meaning it is a "sell" or "strong sell." France Telecom
(NYSE: FTE ) is an international company that focuses on fixed and mobile
communications, data transmission and the Internet and multimedia among other
services. Despite its global reach, FTE stock has foundered this year, down
nearly 24% year-to-date. KT Corp. (NYSE: KT ) is an integrated telecom that
operates in South Korea. Like many other international telecom stocks, KT is
down this year, in this case by 26%. Portugal Telecom SGPS (NYSE: PT ) stock has
dipped 46%, year-to-date, compared to the Dow Jones, which is down less than 1%.
Tele Norte Leste Particiapcoes (NYSE: TNE ) is based in Brazil and offers a wide
range of services, including fixed-line and mobile telecom, data transmission,
pay TV, Internet and call-center services. A drop of 37% year-to-date has left
many TNE shareholders wondering why they made their initial investment.
Telefonica (NYSE: TEF ) is based in Spain and operates in the telecom, media and
contact-center industries. TEF has followed the lead of many other telecom
stocks and is down 20% since the start of 2011. Telecom Argentina (NYSE: TEO )
provides numerous services, including: national fixed-line telecommunications,
international long-distance, data transmission, Internet and mobile phone
service. A stark dip of 27% for TEO has far outpaced the minimal losses by the
broader markets. Telekomunikasi Indonesia (NYSE: TLK ) offers many services, not
limited to fixed wire-line and fixed wireless phone, mobile cellular, data and
Internet and network and interconnection. TLK may have looked like a smart buy
for some, but it has dipped almost 9% year-to-date. Get more analysis of these
picks and other publicly traded stocks with Louis Navellier's Portfolio Grader
tool, a 100% free stock-rating tool that measures both quantitative buying
pressure and eight fundamental factors.
of stable business models and rich revenue streams that add up to big dividends.
But don't fool yourself into thinking a tip-top dividend yield makes all
telecom stocks a good investment. Many telecoms that provide service overseas
have been caught up in the euro zone debacle and other local issues that have
sent their shares sharply downward, offsetting any income potential. I watch
more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
pinpointed seven foreign telecom stocks to hang up on. Here they are, in
alphabetical order. Each one of these stocks gets a "D" or "F" according
to my research, meaning it is a "sell" or "strong sell." France Telecom
(NYSE: FTE ) is an international company that focuses on fixed and mobile
communications, data transmission and the Internet and multimedia among other
services. Despite its global reach, FTE stock has foundered this year, down
nearly 24% year-to-date. KT Corp. (NYSE: KT ) is an integrated telecom that
operates in South Korea. Like many other international telecom stocks, KT is
down this year, in this case by 26%. Portugal Telecom SGPS (NYSE: PT ) stock has
dipped 46%, year-to-date, compared to the Dow Jones, which is down less than 1%.
Tele Norte Leste Particiapcoes (NYSE: TNE ) is based in Brazil and offers a wide
range of services, including fixed-line and mobile telecom, data transmission,
pay TV, Internet and call-center services. A drop of 37% year-to-date has left
many TNE shareholders wondering why they made their initial investment.
Telefonica (NYSE: TEF ) is based in Spain and operates in the telecom, media and
contact-center industries. TEF has followed the lead of many other telecom
stocks and is down 20% since the start of 2011. Telecom Argentina (NYSE: TEO )
provides numerous services, including: national fixed-line telecommunications,
international long-distance, data transmission, Internet and mobile phone
service. A stark dip of 27% for TEO has far outpaced the minimal losses by the
broader markets. Telekomunikasi Indonesia (NYSE: TLK ) offers many services, not
limited to fixed wire-line and fixed wireless phone, mobile cellular, data and
Internet and network and interconnection. TLK may have looked like a smart buy
for some, but it has dipped almost 9% year-to-date. Get more analysis of these
picks and other publicly traded stocks with Louis Navellier's Portfolio Grader
tool, a 100% free stock-rating tool that measures both quantitative buying
pressure and eight fundamental factors.
Top-Performing U.S.-Listed Chinese Stocks (Nov 23, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the best-performing U.S.-listed Chinese stock on Nov. 23. It was up 11.9% on the day. YGE's upside potential is 33.5% based on brokerage analysts' average target price of $5.29. It is trading at 29.1% of its 52-week high of $13.59, and 44.0% above its 52-week low of $2.75. ReneSola Ltd. (ADR) (NYSE:SOL) is the second best-performing U.S.-listed Chinese stock on Nov. 23. It was up 6.9% on the day. SOL's upside potential is 53.8% based on brokerage analysts' average target price of $2.86. It is trading at 14.0% of its 52-week high of $13.25, and 27.4% above its 52-week low of $1.46. Trina Solar Limited (ADR) (NYSE:TSL) is the third best-performing U.S.-listed Chinese stock on Nov. 23. It was up 5.7% on the day. TSL's upside potential is 84.3% based on brokerage analysts' average target price of $13.07. It is trading at 22.8% of its 52-week high of $31.08, and 34.3% above its 52-week low of $5.28. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fourth best-performing U.S.-listed Chinese stock on Nov. 23. It was up 5.3% on the day. LDK's upside potential is 41.7% based on brokerage analysts' average target price of $4.48. It is trading at 21.1% of its 52-week high of $14.97, and 23.9% above its 52-week low of $2.55. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the fifth best-performing U.S.-listed Chinese stock on Nov. 23. It was up 0.6% on the day. JASO's upside potential is 95.3% based on brokerage analysts' average target price of $3.14. It is trading at 18.8% of its 52-week high of $8.57, and 15.0% above its 52-week low of $1.40. Huaneng Power International, Inc. (ADR) (NYSE:HNP) is the sixth best-performing U.S.-listed Chinese stock on Nov. 23. It was up 0.4% on the day. HNP's upside potential is 16.3% based on brokerage analysts' average target price of $23.32. It is trading at 83.8% of its 52-week high of $23.94, and 29.8% above its 52-week low of $15.45. Seaspan Corporation (NYSE:SSW) is the seventh best-performing U.S.-listed Chinese stock on Nov. 23. It was up 0.2% on the day. SSW's upside potential is 62.5% based on brokerage analysts' average target price of $18.00. It is trading at 51.9% of its 52-week high of $21.33, and 8.5% above its 52-week low of $10.21. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the eighth best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.0% on the day. SNDA's upside potential is -1.5% based on brokerage analysts' average target price of $39.66. It is trading at 74.3% of its 52-week high of $54.20, and 41.6% above its 52-week low of $28.44. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the ninth best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.2% on the day. QIHU's upside potential is 113.3% based on brokerage analysts' average target price of $34.07. It is trading at 44.1% of its 52-week high of $36.21, and 11.7% above its 52-week low of $14.30. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 10th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.4% on the day. SVN's upside potential is 93.0% based on brokerage analysts' average target price of $24.03. It is trading at 48.9% of its 52-week high of $25.44, and 3.6% above its 52-week low of $12.02. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 11th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.5% on the day. FMCN's upside potential is 128.4% based on brokerage analysts' average target price of $40.23. It is trading at 46.9% of its 52-week high of $37.58, and 100.3% above its 52-week low of $8.79. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 12th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.7% on the day. SNP's upside potential is 20.0% based on brokerage analysts' average target price of $122.20. It is trading at 91.0% of its 52-week high of $111.92, and 23.4% above its 52-week low of $82.50. Giant Interactive Group Inc (ADR) (NYSE:GA) is the 13th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.0% on the day. GA's upside potential is 79.4% based on brokerage analysts' average target price of $6.98. It is trading at 41.2% of its 52-week high of $9.45, and 28.8% above its 52-week low of $3.02. China Real Estate Information Corp (NASDAQ:CRIC) is the 14th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.0% on the day. CRIC's upside potential is 69.8% based on brokerage analysts' average target price of $8.05. It is trading at 47.9% of its 52-week high of $9.89, and 28.8% above its 52-week low of $3.68. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 15th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.2% on the day. SCR's upside potential is 38.5% based on brokerage analysts' average target price of $9.98. It is trading at 52.4% of its 52-week high of $13.75, and 0.7% above its 52-week low of $7.16. TAL Education Group (ADR) (NYSE:XRS) is the 16th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.3% on the day. XRS's upside potential is 55.3% based on brokerage analysts' average target price of $15.43. It is trading at 57.3% of its 52-week high of $17.35, and 18.2% above its 52-week low of $8.41. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 17th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.4% on the day. NOAH's upside potential is 191.0% based on brokerage analysts' average target price of $19.96. It is trading at 33.3% of its 52-week high of $20.58, and 2.1% above its 52-week low of $6.72. China Kanghui Holdings (ADR) (NYSE:KH) is the 18th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.5% on the day. KH's upside potential is 73.1% based on brokerage analysts' average target price of $24.75. It is trading at 54.0% of its 52-week high of $26.50, and 2.7% above its 52-week low of $13.93. ZHONGPIN INC. (NASDAQ:HOGS) is the 19th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.5% on the day. HOGS's upside potential is 65.8% based on brokerage analysts' average target price of $15.92. It is trading at 45.6% of its 52-week high of $21.07, and 45.5% above its 52-week low of $6.60. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 20th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.6% on the day. AMBO's upside potential is 16.3% based on brokerage analysts' average target price of $8.00. It is trading at 47.8% of its 52-week high of $14.40, and 50.9% above its 52-week low of $4.56.
Ecuadorian mining heats up with $3bn contracts due to be signed
XCSFDHG46767FHJHJF
min2664 Deputy Mining Minister of Ecuador, Federico Auquilla, has recently announced that the country is finalising contracts with Kinross and Ecuacorriente for two large mining projects with a $3bn investment. Read the full story here Canadian gold miner Kinross is planning further development of Ecuador’s largest gold project- Fruta del Norte, while Ecuacorriente, a subsidiary of Canadian multinational Corriente Resources, will be working on the Mirador copper mine. The two planned mining projects would contribute around 5% of Ecuador’s GDP and advance royalty payments would be used to fund social projects nearby the operating mines. Latin American mining continues to pique the interest of Chinese investors keen to secure raw materials, and increased global competition for fewer investable projects may create a push away for traditional investment destinations such as Australia and Canada towards frontier markets such as Brazil, Ecuador and Africa. Major miners, regulators, foreign investors and junior miners with Latin American projects will be discussing regulatory considerations, capital raising opportunities & challenges, resource nationalism and infrastructural improvements in the region at Americas Day, taking place 26 March 2012 at Asia Mining Congress. Visit our website to find out more!
Top Oversold U.S.-Listed Chinese Stocks (Nov 23, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Many of them are likely to rebound in the next trading day. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) is the most oversold U.S.-listed Chinese stock on Nov. 23. It was down 16.7% on the day. CCSC's upside potential is 27.6% based on brokerage analysts' average target price of $12.12. It is trading at 33.5% of its 52-week high of $28.40, and 4.1% above its 52-week low of $9.13. Phoenix New Media Ltd ADR (NYSE:FENG) is the second most oversold U.S.-listed Chinese stock on Nov. 23. It was down 14.8% on the day. FENG's upside potential is 113.0% based on brokerage analysts' average target price of $10.67. It is trading at 33.2% of its 52-week high of $15.09, and 19.3% above its 52-week low of $4.20. Shanda Games Limited(ADR) (NASDAQ:GAME) is the third most oversold U.S.-listed Chinese stock on Nov. 23. It was down 9.0% on the day. GAME's upside potential is 68.0% based on brokerage analysts' average target price of $6.65. It is trading at 51.4% of its 52-week high of $7.70, and 14.5% above its 52-week low of $3.46. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the fourth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 7.2% on the day. STP's upside potential is 82.4% based on brokerage analysts' average target price of $4.43. It is trading at 22.4% of its 52-week high of $10.83, and 42.9% above its 52-week low of $1.70. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the fifth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 6.7% on the day. VIT's upside potential is 96.2% based on brokerage analysts' average target price of $18.24. It is trading at 22.6% of its 52-week high of $41.06, and 50.2% above its 52-week low of $6.19. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the sixth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 6.2% on the day. EJ's upside potential is 90.8% based on brokerage analysts' average target price of $10.97. It is trading at 35.4% of its 52-week high of $16.25, and 15.0% above its 52-week low of $5.00. Renren Inc (NYSE:RENN) is the seventh most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.8% on the day. RENN's upside potential is 103.2% based on brokerage analysts' average target price of $7.62. It is trading at 15.6% of its 52-week high of $24.00, and 4.2% above its 52-week low of $3.60. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the eighth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.4% on the day. ISS's upside potential is 103.6% based on brokerage analysts' average target price of $17.20. It is trading at 37.3% of its 52-week high of $22.63, and 49.3% above its 52-week low of $5.66. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the ninth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.2% on the day. PWRD's upside potential is 160.3% based on brokerage analysts' average target price of $24.00. It is trading at 31.7% of its 52-week high of $29.10, and 2.4% above its 52-week low of $9.00. Jiayuan.com International Ltd (NASDAQ:DATE) is the 10th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.2% on the day. DATE's upside potential is 106.5% based on brokerage analysts' average target price of $15.22. It is trading at 45.7% of its 52-week high of $16.12, and 10.0% above its 52-week low of $6.70. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 11th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.0% on the day. MPEL's upside potential is 82.8% based on brokerage analysts' average target price of $15.37. It is trading at 52.1% of its 52-week high of $16.15, and 51.5% above its 52-week low of $5.55. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 12th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.8% on the day. JOBS's upside potential is 58.9% based on brokerage analysts' average target price of $64.50. It is trading at 58.2% of its 52-week high of $69.80, and 10.9% above its 52-week low of $36.62. Youku.com Inc (ADR) (NYSE:YOKU) is the 13th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.6% on the day. YOKU's upside potential is 98.7% based on brokerage analysts' average target price of $29.14. It is trading at 21.0% of its 52-week high of $69.95, and 6.6% above its 52-week low of $13.76. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the 14th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.4% on the day. ASIA's upside potential is 127.0% based on brokerage analysts' average target price of $17.44. It is trading at 33.5% of its 52-week high of $22.91, and 23.7% above its 52-week low of $6.21. NetEase.com, Inc. (ADR) (NASDAQ:NTES) is the 15th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on the day. NTES's upside potential is 35.6% based on brokerage analysts' average target price of $56.66. It is trading at 76.0% of its 52-week high of $55.00, and 18.7% above its 52-week low of $35.20. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 16th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on the day. CTRP's upside potential is 71.8% based on brokerage analysts' average target price of $44.30. It is trading at 51.0% of its 52-week high of $50.57, and 9.4% above its 52-week low of $23.56. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 17th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on the day. CYOU's upside potential is 101.1% based on brokerage analysts' average target price of $42.88. It is trading at 41.0% of its 52-week high of $52.00, and 0.8% above its 52-week low of $21.16. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 18th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on the day. WX's upside potential is 60.3% based on brokerage analysts' average target price of $18.54. It is trading at 60.5% of its 52-week high of $19.10, and 5.6% above its 52-week low of $10.95. Sohu.com Inc. (NASDAQ:SOHU) is the 19th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.1% on the day. SOHU's upside potential is 62.2% based on brokerage analysts' average target price of $78.38. It is trading at 44.2% of its 52-week high of $109.37, and 4.2% above its 52-week low of $46.35. CNinsure Inc. (ADR) (NASDAQ:CISG) is the 20th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.0% on the day. CISG's upside potential is 250.4% based on brokerage analysts' average target price of $20.36. It is trading at 26.0% of its 52-week high of $22.37, and 10.0% above its 52-week low of $5.28.
Hot Option Plays: XPOUND On Holiday Friday, November 25th
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Hot Option Plays: XPOUND On Holiday Friday, November 25th Daily Markets – 1 hour ago By OptionsXpress on November 23, 2011 | More Posts By OptionsXpress | Author's Website It appears that the only safe trade to the upside has been the Dollar, UUP, and the Bonds, TLT, which are at …
Apple Inc. (NASDAQ:AAPL) Pay Monthly Games Set For Launch
Apple Inc. (NASDAQ:AAPL) has approved Big Fish Games to become the first
company to offer pay monthly titles on iPad. Apple Inc. (NASDAQ:AAPL) Pay
Monthly Games Set For Launch According to reports, Big Fish Games, a
Seattle-based game publisher has won approval from Apple Inc. (NASDAQ:AAPL) to
become the first to offer users access to dozens of titles for $6.99 a month.
Paul Thelen, the founder of Big Fish said, "While game-subscription services
have a mixed record of success, the popularity of the iPad, along with the easy
payment method provided by Apple Inc. (NASDAQ:AAPL)'s App Store, will make the
offering attractive." Apple Inc. (NASDAQ:AAPL) stocks are currently standing
at 376.51. Price History Last Price: 376.51 52 Week Low / High: 306.56 / 426.7
50 Day Moving Average: 395.33 6 Month Price Change %: 10.4% 12 Month Price
Change %: 20.3%
company to offer pay monthly titles on iPad. Apple Inc. (NASDAQ:AAPL) Pay
Monthly Games Set For Launch According to reports, Big Fish Games, a
Seattle-based game publisher has won approval from Apple Inc. (NASDAQ:AAPL) to
become the first to offer users access to dozens of titles for $6.99 a month.
Paul Thelen, the founder of Big Fish said, "While game-subscription services
have a mixed record of success, the popularity of the iPad, along with the easy
payment method provided by Apple Inc. (NASDAQ:AAPL)'s App Store, will make the
offering attractive." Apple Inc. (NASDAQ:AAPL) stocks are currently standing
at 376.51. Price History Last Price: 376.51 52 Week Low / High: 306.56 / 426.7
50 Day Moving Average: 395.33 6 Month Price Change %: 10.4% 12 Month Price
Change %: 20.3%
Ecuadorian mining heats up with $3bn contracts due to be signed
Deputy Mining Minister of Ecuador, Federico Auquilla, has recently announced
that the country is finalising contracts with Kinross and Ecuacorriente for two
large mining projects with a $3bn investment. Read the full story here Canadian
gold miner Kinross is planning further development of Ecuadors largest gold
project- Fruta del Norte, while Ecuacorriente, a subsidiary of Canadian
multinational Corriente Resources, will be working on the Mirador copper mine.
The two planned mining projects would contribute around 5% of Ecuadors GDP and
advance royalty payments would be used to fund social projects nearby the
operating mines. Latin American mining continues to pique the interest of
Chinese investors keen to secure raw materials, and increased global competition
for fewer investable projects may create a push away for traditional investment
destinations such as Australia and Canada towards frontier markets such as
Brazil, Ecuador and Africa. Major miners, regulators, foreign investors and
junior miners with Latin American projects will be discussing regulatory
considerations, capital raising opportunities & challenges, resource nationalism
and infrastructural improvements in the region at Americas Day, taking place 26
March 2012 at Asia Mining Congress. Visit our website to find out more!
that the country is finalising contracts with Kinross and Ecuacorriente for two
large mining projects with a $3bn investment. Read the full story here Canadian
gold miner Kinross is planning further development of Ecuadors largest gold
project- Fruta del Norte, while Ecuacorriente, a subsidiary of Canadian
multinational Corriente Resources, will be working on the Mirador copper mine.
The two planned mining projects would contribute around 5% of Ecuadors GDP and
advance royalty payments would be used to fund social projects nearby the
operating mines. Latin American mining continues to pique the interest of
Chinese investors keen to secure raw materials, and increased global competition
for fewer investable projects may create a push away for traditional investment
destinations such as Australia and Canada towards frontier markets such as
Brazil, Ecuador and Africa. Major miners, regulators, foreign investors and
junior miners with Latin American projects will be discussing regulatory
considerations, capital raising opportunities & challenges, resource nationalism
and infrastructural improvements in the region at Americas Day, taking place 26
March 2012 at Asia Mining Congress. Visit our website to find out more!
Top-Performing U.S.-Listed Chinese Stocks (Nov 23, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the best-performing U.S.-listed
Chinese stock on Nov. 23. It was up 11.9% on the day. YGEs upside potential is
33.5% based on brokerage analysts average target price of $5.29. It is trading
at 29.1% of its 52-week high of $13.59, and 44.0% above its 52-week low of
$2.75. ReneSola Ltd. (ADR) (NYSE:SOL) is the second best-performing U.S.-listed
Chinese stock on Nov. 23. It was up 6.9% on the day. SOLs upside potential is
53.8% based on brokerage analysts average target price of $2.86. It is trading
at 14.0% of its 52-week high of $13.25, and 27.4% above its 52-week low of
$1.46. Trina Solar Limited (ADR) (NYSE:TSL) is the third best-performing
U.S.-listed Chinese stock on Nov. 23. It was up 5.7% on the day. TSLs upside
potential is 84.3% based on brokerage analysts average target price of $13.07.
It is trading at 22.8% of its 52-week high of $31.08, and 34.3% above its
52-week low of $5.28. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fourth
best-performing U.S.-listed Chinese stock on Nov. 23. It was up 5.3% on the day.
LDKs upside potential is 41.7% based on brokerage analysts average target price
of $4.48. It is trading at 21.1% of its 52-week high of $14.97, and 23.9% above
its 52-week low of $2.55. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the
fifth best-performing U.S.-listed Chinese stock on Nov. 23. It was up 0.6% on
the day. JASOs upside potential is 95.3% based on brokerage analysts average
target price of $3.14. It is trading at 18.8% of its 52-week high of $8.57, and
15.0% above its 52-week low of $1.40. Huaneng Power International, Inc. (ADR)
(NYSE:HNP) is the sixth best-performing U.S.-listed Chinese stock on Nov. 23. It
was up 0.4% on the day. HNPs upside potential is 16.3% based on brokerage
analysts average target price of $23.32. It is trading at 83.8% of its 52-week
high of $23.94, and 29.8% above its 52-week low of $15.45. Seaspan Corporation
(NYSE:SSW) is the seventh best-performing U.S.-listed Chinese stock on Nov. 23.
It was up 0.2% on the day. SSWs upside potential is 62.5% based on brokerage
analysts average target price of $18.00. It is trading at 51.9% of its 52-week
high of $21.33, and 8.5% above its 52-week low of $10.21. Shanda Interactive
Entertainment Ltd ADR (NASDAQ:SNDA) is the eighth best-performing U.S.-listed
Chinese stock on Nov. 23. It was down 0.0% on the day. SNDAs upside potential is
-1.5% based on brokerage analysts average target price of $39.66. It is trading
at 74.3% of its 52-week high of $54.20, and 41.6% above its 52-week low of
$28.44. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the ninth best-performing
U.S.-listed Chinese stock on Nov. 23. It was down 0.2% on the day. QIHUs upside
potential is 113.3% based on brokerage analysts average target price of $34.07.
It is trading at 44.1% of its 52-week high of $36.21, and 11.7% above its
52-week low of $14.30. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 10th
best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.4% on the
day. SVNs upside potential is 93.0% based on brokerage analysts average target
price of $24.03. It is trading at 48.9% of its 52-week high of $25.44, and 3.6%
above its 52-week low of $12.02. Focus Media Holding Limited (ADR) (NASDAQ:FMCN)
is the 11th best-performing U.S.-listed Chinese stock on Nov. 23. It was down
0.5% on the day. FMCNs upside potential is 128.4% based on brokerage analysts
average target price of $40.23. It is trading at 46.9% of its 52-week high of
$37.58, and 100.3% above its 52-week low of $8.79. China Petroleum & Chemical
Corp. (ADR) (NYSE:SNP) is the 12th best-performing U.S.-listed Chinese stock on
Nov. 23. It was down 0.7% on the day. SNPs upside potential is 20.0% based on
brokerage analysts average target price of $122.20. It is trading at 91.0% of
its 52-week high of $111.92, and 23.4% above its 52-week low of $82.50. Giant
Interactive Group Inc (ADR) (NYSE:GA) is the 13th best-performing U.S.-listed
Chinese stock on Nov. 23. It was down 1.0% on the day. GAs upside potential is
79.4% based on brokerage analysts average target price of $6.98. It is trading
at 41.2% of its 52-week high of $9.45, and 28.8% above its 52-week low of $3.02.
China Real Estate Information Corp (NASDAQ:CRIC) is the 14th best-performing
U.S.-listed Chinese stock on Nov. 23. It was down 1.0% on the day. CRICs upside
potential is 69.8% based on brokerage analysts average target price of $8.05. It
is trading at 47.9% of its 52-week high of $9.89, and 28.8% above its 52-week
low of $3.68. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 15th
best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.2% on the
day. SCRs upside potential is 38.5% based on brokerage analysts average target
price of $9.98. It is trading at 52.4% of its 52-week high of $13.75, and 0.7%
above its 52-week low of $7.16. TAL Education Group (ADR) (NYSE:XRS) is the 16th
best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.3% on the
day. XRSs upside potential is 55.3% based on brokerage analysts average target
price of $15.43. It is trading at 57.3% of its 52-week high of $17.35, and 18.2%
above its 52-week low of $8.41. Noah Holdings Limited (ADR) (NYSE:NOAH) is the
17th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.4% on
the day. NOAHs upside potential is 191.0% based on brokerage analysts average
target price of $19.96. It is trading at 33.3% of its 52-week high of $20.58,
and 2.1% above its 52-week low of $6.72. China Kanghui Holdings (ADR) (NYSE:KH)
is the 18th best-performing U.S.-listed Chinese stock on Nov. 23. It was down
1.5% on the day. KHs upside potential is 73.1% based on brokerage analysts
average target price of $24.75. It is trading at 54.0% of its 52-week high of
$26.50, and 2.7% above its 52-week low of $13.93. ZHONGPIN INC. (NASDAQ:HOGS) is
the 19th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.5%
on the day. HOGSs upside potential is 65.8% based on brokerage analysts average
target price of $15.92. It is trading at 45.6% of its 52-week high of $21.07,
and 45.5% above its 52-week low of $6.60. Ambow Education Holding Ltd (ADR)
(NYSE:AMBO) is the 20th best-performing U.S.-listed Chinese stock on Nov. 23. It
was down 1.6% on the day. AMBOs upside potential is 16.3% based on brokerage
analysts average target price of $8.00. It is trading at 47.8% of its 52-week
high of $14.40, and 50.9% above its 52-week low of $4.56.
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the best-performing U.S.-listed
Chinese stock on Nov. 23. It was up 11.9% on the day. YGEs upside potential is
33.5% based on brokerage analysts average target price of $5.29. It is trading
at 29.1% of its 52-week high of $13.59, and 44.0% above its 52-week low of
$2.75. ReneSola Ltd. (ADR) (NYSE:SOL) is the second best-performing U.S.-listed
Chinese stock on Nov. 23. It was up 6.9% on the day. SOLs upside potential is
53.8% based on brokerage analysts average target price of $2.86. It is trading
at 14.0% of its 52-week high of $13.25, and 27.4% above its 52-week low of
$1.46. Trina Solar Limited (ADR) (NYSE:TSL) is the third best-performing
U.S.-listed Chinese stock on Nov. 23. It was up 5.7% on the day. TSLs upside
potential is 84.3% based on brokerage analysts average target price of $13.07.
It is trading at 22.8% of its 52-week high of $31.08, and 34.3% above its
52-week low of $5.28. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fourth
best-performing U.S.-listed Chinese stock on Nov. 23. It was up 5.3% on the day.
LDKs upside potential is 41.7% based on brokerage analysts average target price
of $4.48. It is trading at 21.1% of its 52-week high of $14.97, and 23.9% above
its 52-week low of $2.55. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the
fifth best-performing U.S.-listed Chinese stock on Nov. 23. It was up 0.6% on
the day. JASOs upside potential is 95.3% based on brokerage analysts average
target price of $3.14. It is trading at 18.8% of its 52-week high of $8.57, and
15.0% above its 52-week low of $1.40. Huaneng Power International, Inc. (ADR)
(NYSE:HNP) is the sixth best-performing U.S.-listed Chinese stock on Nov. 23. It
was up 0.4% on the day. HNPs upside potential is 16.3% based on brokerage
analysts average target price of $23.32. It is trading at 83.8% of its 52-week
high of $23.94, and 29.8% above its 52-week low of $15.45. Seaspan Corporation
(NYSE:SSW) is the seventh best-performing U.S.-listed Chinese stock on Nov. 23.
It was up 0.2% on the day. SSWs upside potential is 62.5% based on brokerage
analysts average target price of $18.00. It is trading at 51.9% of its 52-week
high of $21.33, and 8.5% above its 52-week low of $10.21. Shanda Interactive
Entertainment Ltd ADR (NASDAQ:SNDA) is the eighth best-performing U.S.-listed
Chinese stock on Nov. 23. It was down 0.0% on the day. SNDAs upside potential is
-1.5% based on brokerage analysts average target price of $39.66. It is trading
at 74.3% of its 52-week high of $54.20, and 41.6% above its 52-week low of
$28.44. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the ninth best-performing
U.S.-listed Chinese stock on Nov. 23. It was down 0.2% on the day. QIHUs upside
potential is 113.3% based on brokerage analysts average target price of $34.07.
It is trading at 44.1% of its 52-week high of $36.21, and 11.7% above its
52-week low of $14.30. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 10th
best-performing U.S.-listed Chinese stock on Nov. 23. It was down 0.4% on the
day. SVNs upside potential is 93.0% based on brokerage analysts average target
price of $24.03. It is trading at 48.9% of its 52-week high of $25.44, and 3.6%
above its 52-week low of $12.02. Focus Media Holding Limited (ADR) (NASDAQ:FMCN)
is the 11th best-performing U.S.-listed Chinese stock on Nov. 23. It was down
0.5% on the day. FMCNs upside potential is 128.4% based on brokerage analysts
average target price of $40.23. It is trading at 46.9% of its 52-week high of
$37.58, and 100.3% above its 52-week low of $8.79. China Petroleum & Chemical
Corp. (ADR) (NYSE:SNP) is the 12th best-performing U.S.-listed Chinese stock on
Nov. 23. It was down 0.7% on the day. SNPs upside potential is 20.0% based on
brokerage analysts average target price of $122.20. It is trading at 91.0% of
its 52-week high of $111.92, and 23.4% above its 52-week low of $82.50. Giant
Interactive Group Inc (ADR) (NYSE:GA) is the 13th best-performing U.S.-listed
Chinese stock on Nov. 23. It was down 1.0% on the day. GAs upside potential is
79.4% based on brokerage analysts average target price of $6.98. It is trading
at 41.2% of its 52-week high of $9.45, and 28.8% above its 52-week low of $3.02.
China Real Estate Information Corp (NASDAQ:CRIC) is the 14th best-performing
U.S.-listed Chinese stock on Nov. 23. It was down 1.0% on the day. CRICs upside
potential is 69.8% based on brokerage analysts average target price of $8.05. It
is trading at 47.9% of its 52-week high of $9.89, and 28.8% above its 52-week
low of $3.68. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 15th
best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.2% on the
day. SCRs upside potential is 38.5% based on brokerage analysts average target
price of $9.98. It is trading at 52.4% of its 52-week high of $13.75, and 0.7%
above its 52-week low of $7.16. TAL Education Group (ADR) (NYSE:XRS) is the 16th
best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.3% on the
day. XRSs upside potential is 55.3% based on brokerage analysts average target
price of $15.43. It is trading at 57.3% of its 52-week high of $17.35, and 18.2%
above its 52-week low of $8.41. Noah Holdings Limited (ADR) (NYSE:NOAH) is the
17th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.4% on
the day. NOAHs upside potential is 191.0% based on brokerage analysts average
target price of $19.96. It is trading at 33.3% of its 52-week high of $20.58,
and 2.1% above its 52-week low of $6.72. China Kanghui Holdings (ADR) (NYSE:KH)
is the 18th best-performing U.S.-listed Chinese stock on Nov. 23. It was down
1.5% on the day. KHs upside potential is 73.1% based on brokerage analysts
average target price of $24.75. It is trading at 54.0% of its 52-week high of
$26.50, and 2.7% above its 52-week low of $13.93. ZHONGPIN INC. (NASDAQ:HOGS) is
the 19th best-performing U.S.-listed Chinese stock on Nov. 23. It was down 1.5%
on the day. HOGSs upside potential is 65.8% based on brokerage analysts average
target price of $15.92. It is trading at 45.6% of its 52-week high of $21.07,
and 45.5% above its 52-week low of $6.60. Ambow Education Holding Ltd (ADR)
(NYSE:AMBO) is the 20th best-performing U.S.-listed Chinese stock on Nov. 23. It
was down 1.6% on the day. AMBOs upside potential is 16.3% based on brokerage
analysts average target price of $8.00. It is trading at 47.8% of its 52-week
high of $14.40, and 50.9% above its 52-week low of $4.56.
4 Holiday Covered Call Trades
Everyone could use a little extra cash around the holidays. Here are some ideas
on how you can get some by using in-the-money covered calls with a holiday
theme. And at the end, well show you how you can get a free iPad or gold coin.
December options expiration is on the 17th, so if you put these trades on today
(Nov. 23) you would be in these positions for 24 days. You could buy these
stocks, write calls against them, and then use the cash to pay for your holiday
expenses. So, in that spirit, lets create a few holiday-themed sectors and add
some candidate companies in each one that people should be attracted to while
shopping and partying. (Note: These are examples; you can add your own symbols
to the lists but the point is to have some diversity via different sectors.)
FOOD Archer-Daniels Midland (NYSE: ADM ) Chipotle Mexican Grill (NYSE: CMG )
Hershey (NYSE: HSY ) Starbucks (NASDAQ: SBUX )
on how you can get some by using in-the-money covered calls with a holiday
theme. And at the end, well show you how you can get a free iPad or gold coin.
December options expiration is on the 17th, so if you put these trades on today
(Nov. 23) you would be in these positions for 24 days. You could buy these
stocks, write calls against them, and then use the cash to pay for your holiday
expenses. So, in that spirit, lets create a few holiday-themed sectors and add
some candidate companies in each one that people should be attracted to while
shopping and partying. (Note: These are examples; you can add your own symbols
to the lists but the point is to have some diversity via different sectors.)
FOOD Archer-Daniels Midland (NYSE: ADM ) Chipotle Mexican Grill (NYSE: CMG )
Hershey (NYSE: HSY ) Starbucks (NASDAQ: SBUX )
Top Oversold U.S.-Listed Chinese Stocks (Nov 23, 2011)
Below are the latest oversold U.S.-listed Chinese stocks. Many of them are
likely to rebound in the next trading day. Country Syl Ckng Restaurant Chain Co
Ltd (NYSE:CCSC) is the most oversold U.S.-listed Chinese stock on Nov. 23. It
was down 16.7% on the day. CCSCs upside potential is 27.6% based on brokerage
analysts average target price of $12.12. It is trading at 33.5% of its 52-week
high of $28.40, and 4.1% above its 52-week low of $9.13. Phoenix New Media Ltd
ADR (NYSE:FENG) is the second most oversold U.S.-listed Chinese stock on Nov.
23. It was down 14.8% on the day. FENGs upside potential is 113.0% based on
brokerage analysts average target price of $10.67. It is trading at 33.2% of its
52-week high of $15.09, and 19.3% above its 52-week low of $4.20. Shanda Games
Limited(ADR) (NASDAQ:GAME) is the third most oversold U.S.-listed Chinese stock
on Nov. 23. It was down 9.0% on the day. GAMEs upside potential is 68.0% based
on brokerage analysts average target price of $6.65. It is trading at 51.4% of
its 52-week high of $7.70, and 14.5% above its 52-week low of $3.46. Suntech
Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the fourth most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 7.2% on the day. STPs upside
potential is 82.4% based on brokerage analysts average target price of $4.43. It
is trading at 22.4% of its 52-week high of $10.83, and 42.9% above its 52-week
low of $1.70. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the fifth most
oversold U.S.-listed Chinese stock on Nov. 23. It was down 6.7% on the day. VITs
upside potential is 96.2% based on brokerage analysts average target price of
$18.24. It is trading at 22.6% of its 52-week high of $41.06, and 50.2% above
its 52-week low of $6.19. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is
the sixth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 6.2%
on the day. EJs upside potential is 90.8% based on brokerage analysts average
target price of $10.97. It is trading at 35.4% of its 52-week high of $16.25,
and 15.0% above its 52-week low of $5.00. Renren Inc (NYSE:RENN) is the seventh
most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.8% on the day.
RENNs upside potential is 103.2% based on brokerage analysts average target
price of $7.62. It is trading at 15.6% of its 52-week high of $24.00, and 4.2%
above its 52-week low of $3.60. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the
eighth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.4% on
the day. ISSs upside potential is 103.6% based on brokerage analysts average
target price of $17.20. It is trading at 37.3% of its 52-week high of $22.63,
and 49.3% above its 52-week low of $5.66. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the ninth most oversold U.S.-listed Chinese stock on Nov. 23.
It was down 5.2% on the day. PWRDs upside potential is 160.3% based on brokerage
analysts average target price of $24.00. It is trading at 31.7% of its 52-week
high of $29.10, and 2.4% above its 52-week low of $9.00. Jiayuan.com
International Ltd (NASDAQ:DATE) is the 10th most oversold U.S.-listed Chinese
stock on Nov. 23. It was down 5.2% on the day. DATEs upside potential is 106.5%
based on brokerage analysts average target price of $15.22. It is trading at
45.7% of its 52-week high of $16.12, and 10.0% above its 52-week low of $6.70.
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 11th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 5.0% on the day. MPELs upside
potential is 82.8% based on brokerage analysts average target price of $15.37.
It is trading at 52.1% of its 52-week high of $16.15, and 51.5% above its
52-week low of $5.55. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 12th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 4.8% on the day. JOBSs upside
potential is 58.9% based on brokerage analysts average target price of $64.50.
It is trading at 58.2% of its 52-week high of $69.80, and 10.9% above its
52-week low of $36.62. Youku.com Inc (ADR) (NYSE:YOKU) is the 13th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 4.6% on the day. YOKUs upside
potential is 98.7% based on brokerage analysts average target price of $29.14.
It is trading at 21.0% of its 52-week high of $69.95, and 6.6% above its 52-week
low of $13.76. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the 14th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 4.4% on the day. ASIAs upside
potential is 127.0% based on brokerage analysts average target price of $17.44.
It is trading at 33.5% of its 52-week high of $22.91, and 23.7% above its
52-week low of $6.21. NetEase.com, Inc. (ADR) (NASDAQ:NTES) is the 15th most
oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on the day.
NTESs upside potential is 35.6% based on brokerage analysts average target price
of $56.66. It is trading at 76.0% of its 52-week high of $55.00, and 18.7% above
its 52-week low of $35.20. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is
the 16th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on
the day. CTRPs upside potential is 71.8% based on brokerage analysts average
target price of $44.30. It is trading at 51.0% of its 52-week high of $50.57,
and 9.4% above its 52-week low of $23.56. Changyou.com Limited(ADR)
(NASDAQ:CYOU) is the 17th most oversold U.S.-listed Chinese stock on Nov. 23. It
was down 4.2% on the day. CYOUs upside potential is 101.1% based on brokerage
analysts average target price of $42.88. It is trading at 41.0% of its 52-week
high of $52.00, and 0.8% above its 52-week low of $21.16. WuXi PharmaTech
(Cayman) Inc. (ADR) (NYSE:WX) is the 18th most oversold U.S.-listed Chinese
stock on Nov. 23. It was down 4.2% on the day. WXs upside potential is 60.3%
based on brokerage analysts average target price of $18.54. It is trading at
60.5% of its 52-week high of $19.10, and 5.6% above its 52-week low of $10.95.
Sohu.com Inc. (NASDAQ:SOHU) is the 19th most oversold U.S.-listed Chinese stock
on Nov. 23. It was down 4.1% on the day. SOHUs upside potential is 62.2% based
on brokerage analysts average target price of $78.38. It is trading at 44.2% of
its 52-week high of $109.37, and 4.2% above its 52-week low of $46.35. CNinsure
Inc. (ADR) (NASDAQ:CISG) is the 20th most oversold U.S.-listed Chinese stock on
Nov. 23. It was down 4.0% on the day. CISGs upside potential is 250.4% based on
brokerage analysts average target price of $20.36. It is trading at 26.0% of its
52-week high of $22.37, and 10.0% above its 52-week low of $5.28.
likely to rebound in the next trading day. Country Syl Ckng Restaurant Chain Co
Ltd (NYSE:CCSC) is the most oversold U.S.-listed Chinese stock on Nov. 23. It
was down 16.7% on the day. CCSCs upside potential is 27.6% based on brokerage
analysts average target price of $12.12. It is trading at 33.5% of its 52-week
high of $28.40, and 4.1% above its 52-week low of $9.13. Phoenix New Media Ltd
ADR (NYSE:FENG) is the second most oversold U.S.-listed Chinese stock on Nov.
23. It was down 14.8% on the day. FENGs upside potential is 113.0% based on
brokerage analysts average target price of $10.67. It is trading at 33.2% of its
52-week high of $15.09, and 19.3% above its 52-week low of $4.20. Shanda Games
Limited(ADR) (NASDAQ:GAME) is the third most oversold U.S.-listed Chinese stock
on Nov. 23. It was down 9.0% on the day. GAMEs upside potential is 68.0% based
on brokerage analysts average target price of $6.65. It is trading at 51.4% of
its 52-week high of $7.70, and 14.5% above its 52-week low of $3.46. Suntech
Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the fourth most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 7.2% on the day. STPs upside
potential is 82.4% based on brokerage analysts average target price of $4.43. It
is trading at 22.4% of its 52-week high of $10.83, and 42.9% above its 52-week
low of $1.70. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the fifth most
oversold U.S.-listed Chinese stock on Nov. 23. It was down 6.7% on the day. VITs
upside potential is 96.2% based on brokerage analysts average target price of
$18.24. It is trading at 22.6% of its 52-week high of $41.06, and 50.2% above
its 52-week low of $6.19. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is
the sixth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 6.2%
on the day. EJs upside potential is 90.8% based on brokerage analysts average
target price of $10.97. It is trading at 35.4% of its 52-week high of $16.25,
and 15.0% above its 52-week low of $5.00. Renren Inc (NYSE:RENN) is the seventh
most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.8% on the day.
RENNs upside potential is 103.2% based on brokerage analysts average target
price of $7.62. It is trading at 15.6% of its 52-week high of $24.00, and 4.2%
above its 52-week low of $3.60. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the
eighth most oversold U.S.-listed Chinese stock on Nov. 23. It was down 5.4% on
the day. ISSs upside potential is 103.6% based on brokerage analysts average
target price of $17.20. It is trading at 37.3% of its 52-week high of $22.63,
and 49.3% above its 52-week low of $5.66. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the ninth most oversold U.S.-listed Chinese stock on Nov. 23.
It was down 5.2% on the day. PWRDs upside potential is 160.3% based on brokerage
analysts average target price of $24.00. It is trading at 31.7% of its 52-week
high of $29.10, and 2.4% above its 52-week low of $9.00. Jiayuan.com
International Ltd (NASDAQ:DATE) is the 10th most oversold U.S.-listed Chinese
stock on Nov. 23. It was down 5.2% on the day. DATEs upside potential is 106.5%
based on brokerage analysts average target price of $15.22. It is trading at
45.7% of its 52-week high of $16.12, and 10.0% above its 52-week low of $6.70.
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 11th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 5.0% on the day. MPELs upside
potential is 82.8% based on brokerage analysts average target price of $15.37.
It is trading at 52.1% of its 52-week high of $16.15, and 51.5% above its
52-week low of $5.55. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 12th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 4.8% on the day. JOBSs upside
potential is 58.9% based on brokerage analysts average target price of $64.50.
It is trading at 58.2% of its 52-week high of $69.80, and 10.9% above its
52-week low of $36.62. Youku.com Inc (ADR) (NYSE:YOKU) is the 13th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 4.6% on the day. YOKUs upside
potential is 98.7% based on brokerage analysts average target price of $29.14.
It is trading at 21.0% of its 52-week high of $69.95, and 6.6% above its 52-week
low of $13.76. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the 14th most oversold
U.S.-listed Chinese stock on Nov. 23. It was down 4.4% on the day. ASIAs upside
potential is 127.0% based on brokerage analysts average target price of $17.44.
It is trading at 33.5% of its 52-week high of $22.91, and 23.7% above its
52-week low of $6.21. NetEase.com, Inc. (ADR) (NASDAQ:NTES) is the 15th most
oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on the day.
NTESs upside potential is 35.6% based on brokerage analysts average target price
of $56.66. It is trading at 76.0% of its 52-week high of $55.00, and 18.7% above
its 52-week low of $35.20. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is
the 16th most oversold U.S.-listed Chinese stock on Nov. 23. It was down 4.2% on
the day. CTRPs upside potential is 71.8% based on brokerage analysts average
target price of $44.30. It is trading at 51.0% of its 52-week high of $50.57,
and 9.4% above its 52-week low of $23.56. Changyou.com Limited(ADR)
(NASDAQ:CYOU) is the 17th most oversold U.S.-listed Chinese stock on Nov. 23. It
was down 4.2% on the day. CYOUs upside potential is 101.1% based on brokerage
analysts average target price of $42.88. It is trading at 41.0% of its 52-week
high of $52.00, and 0.8% above its 52-week low of $21.16. WuXi PharmaTech
(Cayman) Inc. (ADR) (NYSE:WX) is the 18th most oversold U.S.-listed Chinese
stock on Nov. 23. It was down 4.2% on the day. WXs upside potential is 60.3%
based on brokerage analysts average target price of $18.54. It is trading at
60.5% of its 52-week high of $19.10, and 5.6% above its 52-week low of $10.95.
Sohu.com Inc. (NASDAQ:SOHU) is the 19th most oversold U.S.-listed Chinese stock
on Nov. 23. It was down 4.1% on the day. SOHUs upside potential is 62.2% based
on brokerage analysts average target price of $78.38. It is trading at 44.2% of
its 52-week high of $109.37, and 4.2% above its 52-week low of $46.35. CNinsure
Inc. (ADR) (NASDAQ:CISG) is the 20th most oversold U.S.-listed Chinese stock on
Nov. 23. It was down 4.0% on the day. CISGs upside potential is 250.4% based on
brokerage analysts average target price of $20.36. It is trading at 26.0% of its
52-week high of $22.37, and 10.0% above its 52-week low of $5.28.
5 High-Flying Aerospace and Defense Stocks to Buy
Just last week, aerospace giant Boeing (NYSE: BA ) inked two record deals.
First, an $18 billion contract for 777 jets, followed soon after by a $21.7
billion order . It all goes to show that even though government spending may not
be what it once was, the private sector has created strong demand for aerospace
and defense stocks these days. I watch more than 5,000 publicly traded companies
with my Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. This week, Ive zeroed in on five aerospace and defense
stocks to buy. Here they are, in alphabetical order. Each one of these stocks
gets an "A" or "B" according to my research, meaning it is a "strong
buy" or "buy." Goodrich (NYSE: GR ) supplies aerospace components, systems
and services to the general airplane market. GR stock is up 39% year-to-date
compared to the Dow Jones, which is down slightly on the year. HEICO (NYSE: HEI
) is an aerospace, industrial, defense and electronics company whose products
can be found on large commercial aircraft, regional, business and military
aircraft; a large variety of industrial turbines; targeting systems; missiles
and electro-optical devices. HEI stock is flying high up 35% YTD. Lockheed
Martin (NYSE: LMT ) researches, designs, develops, manufactures, integrates and
sustains highly advanced technology systems and products. A modest return of 6%
year-to-date has ensured LMT a spot on this defense stock list. Precision
Castparts Corp. (NYSE: PCP ) manufactures complex metal components and products
that provide investment castings, forgings and fasteners/fastener systems for
aerospace and industrial gas turbine applications. PCP stock has risen nearly
11% YTD. TransDigm Group (NYSE: TDG ) designs, produces and supplies highly
engineered aircraft components to its customers across the globe. Year-to-date,
TDG stock has climbed almost 29%. Get more analysis of these picks and other
publicly traded stocks with Louis Navellier's Portfolio Grader tool, a 100%
free stock-rating tool that measures both quantitative buying pressure and eight
fundamental factors.
First, an $18 billion contract for 777 jets, followed soon after by a $21.7
billion order . It all goes to show that even though government spending may not
be what it once was, the private sector has created strong demand for aerospace
and defense stocks these days. I watch more than 5,000 publicly traded companies
with my Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. This week, Ive zeroed in on five aerospace and defense
stocks to buy. Here they are, in alphabetical order. Each one of these stocks
gets an "A" or "B" according to my research, meaning it is a "strong
buy" or "buy." Goodrich (NYSE: GR ) supplies aerospace components, systems
and services to the general airplane market. GR stock is up 39% year-to-date
compared to the Dow Jones, which is down slightly on the year. HEICO (NYSE: HEI
) is an aerospace, industrial, defense and electronics company whose products
can be found on large commercial aircraft, regional, business and military
aircraft; a large variety of industrial turbines; targeting systems; missiles
and electro-optical devices. HEI stock is flying high up 35% YTD. Lockheed
Martin (NYSE: LMT ) researches, designs, develops, manufactures, integrates and
sustains highly advanced technology systems and products. A modest return of 6%
year-to-date has ensured LMT a spot on this defense stock list. Precision
Castparts Corp. (NYSE: PCP ) manufactures complex metal components and products
that provide investment castings, forgings and fasteners/fastener systems for
aerospace and industrial gas turbine applications. PCP stock has risen nearly
11% YTD. TransDigm Group (NYSE: TDG ) designs, produces and supplies highly
engineered aircraft components to its customers across the globe. Year-to-date,
TDG stock has climbed almost 29%. Get more analysis of these picks and other
publicly traded stocks with Louis Navellier's Portfolio Grader tool, a 100%
free stock-rating tool that measures both quantitative buying pressure and eight
fundamental factors.
Microsoft Corporation (NASDAQ:MSFT) Buys Video Company
Microsoft Corporation (NASDAQ:MSFT) has acquired VideoSurf. Microsoft
Corporation (NASDAQ:MSFT) Buys Video Company Microsoft Corporation (NASDAQ:MSFT)
has announced the acquisition of VideoSurf, the video discovery technology
company. VideoSurf offers a back-end computer vision technology that sees frames
inside videos to make discovering content fast, easy and accurate. Microsoft
Corporation (NASDAQ:MSFT) will integrate this technology across its
entertainment platform to augment the Xbox 360 ecosystem and evolve search and
discovery of entertainment content on Xbox LIVE. Alex Garden, director of Xbox
LIVE for the Interactive Entertainment Business at Microsoft Corporation
(NASDAQ:MSFT), said that, VideoSurfs content analytics technology will enhance
the search and discovery of entertainment content across our platform. This
holiday Microsoft Corporation (NASDAQ:MSFT) will launch voice search across our
entertainment partners on Xbox LIVE. Over time, as we integrate VideoSurfs
technology into our system, Microsoft Corporation (NASDAQ:MSFT) is excited about
the potential to have content tagged in real time to increase the speed and
relevance of the search results". Microsoft Corp. (NASDAQ:MSFT) shares were at
24.79 at the end of the last days trading. Theres been a 4.3% change in the
stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.77 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.77 Zacks Rank: 31 out of 89 in the industry
Corporation (NASDAQ:MSFT) Buys Video Company Microsoft Corporation (NASDAQ:MSFT)
has announced the acquisition of VideoSurf, the video discovery technology
company. VideoSurf offers a back-end computer vision technology that sees frames
inside videos to make discovering content fast, easy and accurate. Microsoft
Corporation (NASDAQ:MSFT) will integrate this technology across its
entertainment platform to augment the Xbox 360 ecosystem and evolve search and
discovery of entertainment content on Xbox LIVE. Alex Garden, director of Xbox
LIVE for the Interactive Entertainment Business at Microsoft Corporation
(NASDAQ:MSFT), said that, VideoSurfs content analytics technology will enhance
the search and discovery of entertainment content across our platform. This
holiday Microsoft Corporation (NASDAQ:MSFT) will launch voice search across our
entertainment partners on Xbox LIVE. Over time, as we integrate VideoSurfs
technology into our system, Microsoft Corporation (NASDAQ:MSFT) is excited about
the potential to have content tagged in real time to increase the speed and
relevance of the search results". Microsoft Corp. (NASDAQ:MSFT) shares were at
24.79 at the end of the last days trading. Theres been a 4.3% change in the
stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.77 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.77 Zacks Rank: 31 out of 89 in the industry
Gold Price Bull Market Continues, Use This Correction To Buy More Gold Cheap
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1695.90 Change : (6.50) or -0.4% Silver Price Close Today : 3188.4 Change : (106.7) cents or -3.2% Gold Silver Ratio Today : 53.190 Change : 1.525 or 3.0% Silver Gold Ratio Today : 0.01880 Change : -0.000555 or -2.9% Platinum Price Close Today : 1552.10 Change : -17.90 or -1.1% Palladium Price Close Today : 587.25 Change : -15.80 or -2.6% S&P 500 : 1,164.41 Change : -23.63 or -2.0% Dow In GOLD$ : $137.51 Change : $ (2.04) or -1.5% Dow in GOLD oz : 6.652 Change : -0.099 or -1.5% Dow in SILVER oz : 353.81 Change : 5.00 or 1.4% Dow Industrial : 11,280.90 Change : -212.82 or -1.9% US Dollar Index : 79.09 Change : 0.822 or 1.1% The GOLD PRICE reached up for that overhead $1,712 resistance but only got to $1,709.88. Low was $1,677.37, while the Comex closed $1,695.90. This tells us little we didn’t already know. It underscores gold’s present weakness, and highlights importance of that $1,675 support. There is more support — how strong I’m not sure) at $1,646.58, the 150 day moving average. Below that lies $1,605 support (last low) and 200 DMA at $1,591. Five day chart clearly shows the SILVER PRICE peaked yesterday at 3303, eased off, then fell steeply in overnight trading. High today was 3262, low at 3127.5c, while Comex closed at 3188.4, down 106.7c. Support now stands at 3125c, but the issue will be settled at 3065c – 3000c. Both 2850 and 2600c are possible targets. The bull market in GOLD and SILVER and the bear market in paper currencies and stocks continues. Debt crisis emphasizes and examples all the problems with maintaining a paper currency, and continue to confirm our suspicion governments can only inflate. Use this correction to buy more silver and gold on the cheap. Germany suffered a “disastrous” bond sale today, puffing up fears that the go-wheel of the European Economy might itself be threatened by the debt crisis. The German debt agency couldn’t sell almost half of a 6 billion euro bond sale — no bids. That pushed Germany’s cost of over-ten-year borrowing above the US for the first time since October. (paraphrased from a Reuters report.) It gets worse. Belgian government’s deal with France to bail out the bank Dexia for $120 billion is unravelling. Fitch Ratings reported that France was bumping up on limits that threaten its AAA credit rating. The Germans won’t budge toward taking on the debts of all Europe, and the banks won’t write off the debt, and the junior Euro countries can’t stop spending without facing revolutions. No statesman appears to cut this Gordian knot, so they keep on dithering at loggerheads, the most surely fatal response in a crisis. To all this fun the euro responded by gapping down 1.38% to 1.3325. It’s nearing the last low at 131.64. When it breaks that, well, imagine one of those gigantic slides at a fun park that somebody has rubbed down with lard, and you’ll get a hint of how fast the euro will drop. The yen dropped 0.53% to 129.22c/Y100 (Y77.39/$1). One must suspect that the yen had official help doing that. US dollar index punched through 78.50 resistance and rose 82.2 basis points (1.06%), surmounting the round number 79 to trade at 79.09. Last high (October) reached 79.84, and that’s the last resistance standing in the dollar’s road. A close above that sets it flying. Of course, Bumbling Ben may decide to intervene before that happens. Funny, although nobody admits it, currency markets are playing out just like they did under the competitive devaluations during the 1930s, and, I suspect, for much the same reasons. I am writing this at 13:16 Central time, before the market closes at 15:00 my time, but there’s not much doubt which way stocks will close today, since they’re already swirling the drain. Dow has fallen 212.82 (1.85%) to 11,280.90, right at my 11,250 target. S&P500 is down 23.63 (2%) at 1,164.41. Good chance Dow will bounce from here, but if it slices through 11,200, say Good-bye! to another thousand points. Y’all have a happy and blessed Thanksgiving, and remember that the FIRST American Thanksgiving was not celebrated in New England in 1621, but farther south at Berkeley Plantation in Virginia on 4 December 1619. Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
COMEX Gold Futures Pare Losses Despite U.S. Dollar Strength
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures came well off their intra-day lows on Wednesday despite continued strength in the U.S. dollar. COMEX gold futures, per the December 2011 contract, fell to as low as $1,680.10 per ounce this morning amid widespread liquidation in the commodities complex.
COMEX Gold Futures Pare Losses Despite U.S. Dollar Strength
Gold futures came well off their intra-day lows on Wednesday despite continued
strength in the U.S. dollar. COMEX gold futures, per the December 2011 contract,
fell to as low as $1,680.10 per ounce this morning amid widespread liquidation
in the commodities complex.
strength in the U.S. dollar. COMEX gold futures, per the December 2011 contract,
fell to as low as $1,680.10 per ounce this morning amid widespread liquidation
in the commodities complex.
Should You Store Stock in QLogic or Brocade?
A basic business day of memos and PowerPoint presentations add up to lots of
data that companies need to store and retrieve across far-flung computer
networks. To keep up, companies need to buy so-called network storage. But does
this growth in demand warrant investor interest in two of the biggest network
storage vendors, Brocade Communications Systems (NASDAQ: BRCD ) and QLogic
(NASDAQ: QLGC )? The network storage industry is big and growing fast. According
to Infonetics Research, in the first quarter of 2011, the so-called Storage Area
Network (SAN) switch-and-adapter market grew 9.8% from the previous year to $755
million. Infonetics cites the tremendous demand for cloud storage in estimating
the market will grow at a 20% annual rate through 2015 and ending that year at
three times its 2011 revenues. And Brocade and QLogic are significant players
there. Brocade claims to have 70% of the SAN
data that companies need to store and retrieve across far-flung computer
networks. To keep up, companies need to buy so-called network storage. But does
this growth in demand warrant investor interest in two of the biggest network
storage vendors, Brocade Communications Systems (NASDAQ: BRCD ) and QLogic
(NASDAQ: QLGC )? The network storage industry is big and growing fast. According
to Infonetics Research, in the first quarter of 2011, the so-called Storage Area
Network (SAN) switch-and-adapter market grew 9.8% from the previous year to $755
million. Infonetics cites the tremendous demand for cloud storage in estimating
the market will grow at a 20% annual rate through 2015 and ending that year at
three times its 2011 revenues. And Brocade and QLogic are significant players
there. Brocade claims to have 70% of the SAN
Gold Price Bull Market Continues, Use This Correction To Buy More Gold Cheap
Gold Price Close Today : 1695.90 Change : (6.50) or -0.4% Silver Price Close
Today : 3188.4 Change : (106.7) cents or -3.2% Gold Silver Ratio Today : 53.190
Change : 1.525 or 3.0% Silver Gold Ratio Today : 0.01880 Change : -0.000555 or
-2.9% Platinum Price Close Today : 1552.10 Change : -17.90 or -1.1% Palladium
Price Close Today : 587.25 Change : -15.80 or -2.6% S&P 500 : 1,164.41 Change :
-23.63 or -2.0% Dow In GOLD$ : $137.51 Change : $ (2.04) or -1.5% Dow in GOLD oz
: 6.652 Change : -0.099 or -1.5% Dow in SILVER oz : 353.81 Change : 5.00 or 1.4%
Dow Industrial : 11,280.90 Change : -212.82 or -1.9% US Dollar Index : 79.09
Change : 0.822 or 1.1% The GOLD PRICE reached up for that overhead $1,712
resistance but only got to $1,709.88. Low was $1,677.37, while the Comex closed
$1,695.90. This tells us little we didn't already know. It underscores gold's
present weakness, and highlights importance of that $1,675 support. There is
more support -- how strong I'm not sure) at $1,646.58, the 150 day moving
average. Below that lies $1,605 support (last low) and 200 DMA at $1,591. Five
day chart clearly shows the SILVER PRICE peaked yesterday at 3303, eased off,
then fell steeply in overnight trading. High today was 3262, low at 3127.5c,
while Comex closed at 3188.4, down 106.7c. Support now stands at 3125c, but the
issue will be settled at 3065c - 3000c. Both 2850 and 2600c are possible
targets. The bull market in GOLD and SILVER and the bear market in paper
currencies and stocks continues. Debt crisis emphasizes and examples all the
problems with maintaining a paper currency, and continue to confirm our
suspicion governments can only inflate. Use this correction to buy more silver
and gold on the cheap. Germany suffered a "disastrous" bond sale today, puffing
up fears that the go-wheel of the European Economy might itself be threatened by
the debt crisis. The German debt agency couldn't sell almost half of a 6 billion
euro bond sale -- no bids. That pushed Germany's cost of over-ten-year borrowing
above the US for the first time since October. (paraphrased from a Reuters
report.) It gets worse. Belgian government's deal with France to bail out the
bank Dexia for $120 billion is unravelling. Fitch Ratings reported that France
was bumping up on limits that threaten its AAA credit rating. The Germans won't
budge toward taking on the debts of all Europe, and the banks won't write off
the debt, and the junior Euro countries can't stop spending without facing
revolutions. No statesman appears to cut this Gordian knot, so they keep on
dithering at loggerheads, the most surely fatal response in a crisis. To all
this fun the euro responded by gapping down 1.38% to 1.3325. It's nearing the
last low at 131.64. When it breaks that, well, imagine one of those gigantic
slides at a fun park that somebody has rubbed down with lard, and you'll get a
hint of how fast the euro will drop. The yen dropped 0.53% to 129.22c/Y100
(Y77.39/$1). One must suspect that the yen had official help doing that. US
dollar index punched through 78.50 resistance and rose 82.2 basis points
(1.06%), surmounting the round number 79 to trade at 79.09. Last high (October)
reached 79.84, and that's the last resistance standing in the dollar's road. A
close above that sets it flying. Of course, Bumbling Ben may decide to intervene
before that happens. Funny, although nobody admits it, currency markets are
playing out just like they did under the competitive devaluations during the
1930s, and, I suspect, for much the same reasons. I am writing this at 13:16
Central time, before the market closes at 15:00 my time, but there's not much
doubt which way stocks will close today, since they're already swirling the
drain. Dow has fallen 212.82 (1.85%) to 11,280.90, right at my 11,250 target.
S&P500 is down 23.63 (2%) at 1,164.41. Good chance Dow will bounce from here,
but if it slices through 11,200, say Good-bye! to another thousand points. Y'all
have a happy and blessed Thanksgiving, and remember that the FIRST American
Thanksgiving was not celebrated in New England in 1621, but farther south at
Berkeley Plantation in Virginia on 4 December 1619. Argentum et aurum comparenda
sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger
The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any
form, including electronically, without our express permission. To avoid
confusion, please remember that the comments above have a very short time
horizon. Always invest with the primary trend. Gold's primary trend is up,
targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver
ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and
worth only one ounce of gold; US$ or US$-denominated assets, primary trend down;
real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be
advised and warned: Do NOT use these commentaries to trade futures contracts. I
don't intend them for that or write them with that short term trading outlook. I
write them for long-term investors in physical metals. Take them as
entertainment, but not as a timing service for futures. NOR do I recommend
investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical
metal and I fear one day one or another may go up in smoke. Unless you can
breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of
traps. NOR do I recommend trading futures options or other leveraged paper gold
and silver products. These are not for the inexperienced. NOR do I recommend
buying gold and silver on margin or with debt. What DO I recommend? Physical
gold and silver coins and bars in your own hands. One final warning: NEVER
insert a 747 Jumbo Jet up your nose.
Today : 3188.4 Change : (106.7) cents or -3.2% Gold Silver Ratio Today : 53.190
Change : 1.525 or 3.0% Silver Gold Ratio Today : 0.01880 Change : -0.000555 or
-2.9% Platinum Price Close Today : 1552.10 Change : -17.90 or -1.1% Palladium
Price Close Today : 587.25 Change : -15.80 or -2.6% S&P 500 : 1,164.41 Change :
-23.63 or -2.0% Dow In GOLD$ : $137.51 Change : $ (2.04) or -1.5% Dow in GOLD oz
: 6.652 Change : -0.099 or -1.5% Dow in SILVER oz : 353.81 Change : 5.00 or 1.4%
Dow Industrial : 11,280.90 Change : -212.82 or -1.9% US Dollar Index : 79.09
Change : 0.822 or 1.1% The GOLD PRICE reached up for that overhead $1,712
resistance but only got to $1,709.88. Low was $1,677.37, while the Comex closed
$1,695.90. This tells us little we didn't already know. It underscores gold's
present weakness, and highlights importance of that $1,675 support. There is
more support -- how strong I'm not sure) at $1,646.58, the 150 day moving
average. Below that lies $1,605 support (last low) and 200 DMA at $1,591. Five
day chart clearly shows the SILVER PRICE peaked yesterday at 3303, eased off,
then fell steeply in overnight trading. High today was 3262, low at 3127.5c,
while Comex closed at 3188.4, down 106.7c. Support now stands at 3125c, but the
issue will be settled at 3065c - 3000c. Both 2850 and 2600c are possible
targets. The bull market in GOLD and SILVER and the bear market in paper
currencies and stocks continues. Debt crisis emphasizes and examples all the
problems with maintaining a paper currency, and continue to confirm our
suspicion governments can only inflate. Use this correction to buy more silver
and gold on the cheap. Germany suffered a "disastrous" bond sale today, puffing
up fears that the go-wheel of the European Economy might itself be threatened by
the debt crisis. The German debt agency couldn't sell almost half of a 6 billion
euro bond sale -- no bids. That pushed Germany's cost of over-ten-year borrowing
above the US for the first time since October. (paraphrased from a Reuters
report.) It gets worse. Belgian government's deal with France to bail out the
bank Dexia for $120 billion is unravelling. Fitch Ratings reported that France
was bumping up on limits that threaten its AAA credit rating. The Germans won't
budge toward taking on the debts of all Europe, and the banks won't write off
the debt, and the junior Euro countries can't stop spending without facing
revolutions. No statesman appears to cut this Gordian knot, so they keep on
dithering at loggerheads, the most surely fatal response in a crisis. To all
this fun the euro responded by gapping down 1.38% to 1.3325. It's nearing the
last low at 131.64. When it breaks that, well, imagine one of those gigantic
slides at a fun park that somebody has rubbed down with lard, and you'll get a
hint of how fast the euro will drop. The yen dropped 0.53% to 129.22c/Y100
(Y77.39/$1). One must suspect that the yen had official help doing that. US
dollar index punched through 78.50 resistance and rose 82.2 basis points
(1.06%), surmounting the round number 79 to trade at 79.09. Last high (October)
reached 79.84, and that's the last resistance standing in the dollar's road. A
close above that sets it flying. Of course, Bumbling Ben may decide to intervene
before that happens. Funny, although nobody admits it, currency markets are
playing out just like they did under the competitive devaluations during the
1930s, and, I suspect, for much the same reasons. I am writing this at 13:16
Central time, before the market closes at 15:00 my time, but there's not much
doubt which way stocks will close today, since they're already swirling the
drain. Dow has fallen 212.82 (1.85%) to 11,280.90, right at my 11,250 target.
S&P500 is down 23.63 (2%) at 1,164.41. Good chance Dow will bounce from here,
but if it slices through 11,200, say Good-bye! to another thousand points. Y'all
have a happy and blessed Thanksgiving, and remember that the FIRST American
Thanksgiving was not celebrated in New England in 1621, but farther south at
Berkeley Plantation in Virginia on 4 December 1619. Argentum et aurum comparenda
sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger
The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any
form, including electronically, without our express permission. To avoid
confusion, please remember that the comments above have a very short time
horizon. Always invest with the primary trend. Gold's primary trend is up,
targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver
ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and
worth only one ounce of gold; US$ or US$-denominated assets, primary trend down;
real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be
advised and warned: Do NOT use these commentaries to trade futures contracts. I
don't intend them for that or write them with that short term trading outlook. I
write them for long-term investors in physical metals. Take them as
entertainment, but not as a timing service for futures. NOR do I recommend
investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical
metal and I fear one day one or another may go up in smoke. Unless you can
breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of
traps. NOR do I recommend trading futures options or other leveraged paper gold
and silver products. These are not for the inexperienced. NOR do I recommend
buying gold and silver on margin or with debt. What DO I recommend? Physical
gold and silver coins and bars in your own hands. One final warning: NEVER
insert a 747 Jumbo Jet up your nose.
5 ‘New Frugal’ Black Friday Stocks
This Friday actually, midnight of Thanksgiving day the nations most
ridiculous shopping event begins, something now called Black Friday, something
that used to be called "leftover turkey day." Analysts desperate to see if
Maria Bartiromo is as smart in person as she is on the air she is smarter,
actually are now popping up on CNBC, making a wide range of predictions about
Black Friday 2011. The consensus is it will be a "decent" spending season
the consumer is going to continue to be tight-fisted, but things have
"loosened up a bit." I love the precision and science of these kinds of
projections, don't you? Here is my one man consensus keep it simple, keep it
contrarian and go where Wall Street won't go. This leads me to something I
call the New Frugal . This is an investment thesis I proposed right after the
crash, as the Great Recession took hold. Although I was mocked then, since I am
writing about it today, as it turns out, I was actually right. In tough times,
which will last for a few more years minimum, consumers dont just pull back in
their aggregate level of spending they pull back and re-think how they spend.
Especially during the holiday spending season that begins, sort of, on Black
Friday. This translates into not just, "how much will I spend?" but into
"I am spending less, and I am going to spend on quality, on brand and on
customer service. I want my money's worth." Consumers have moved from volume
to quality, from 10 presents in shiny paper to one or two presents and maybe a
better Christmas dinner or organic Chanukah latkes. This phenomenon has borne
itself out the past three spending seasons. Don't believe me about the New
Frugal? The marketing of diamonds to the masses "Say it With a Diamond,"
and so on began in the middle of the Depression. The very expensive refrigerator
replaced the inexpensive ice box during the Depression. For example, Apple s
(NASDAQ: AAPL ) sales doubled during our very own Great Recession thanks to the
iPhone, which essentially was the sale of a $300 phone with a two-year contract
during a time when many competitive phones were free with a two-year contract.
This flight to quality is going to accelerate this holiday spending season,
beginning with Black Friday. The following five companies embody this New
Frugal. You will notice that they are selling goods that are supposedly too
expensive to buy during a Great Recession, yet they have, on average, seen their
stock price more than quadruple in the past three years.
ridiculous shopping event begins, something now called Black Friday, something
that used to be called "leftover turkey day." Analysts desperate to see if
Maria Bartiromo is as smart in person as she is on the air she is smarter,
actually are now popping up on CNBC, making a wide range of predictions about
Black Friday 2011. The consensus is it will be a "decent" spending season
the consumer is going to continue to be tight-fisted, but things have
"loosened up a bit." I love the precision and science of these kinds of
projections, don't you? Here is my one man consensus keep it simple, keep it
contrarian and go where Wall Street won't go. This leads me to something I
call the New Frugal . This is an investment thesis I proposed right after the
crash, as the Great Recession took hold. Although I was mocked then, since I am
writing about it today, as it turns out, I was actually right. In tough times,
which will last for a few more years minimum, consumers dont just pull back in
their aggregate level of spending they pull back and re-think how they spend.
Especially during the holiday spending season that begins, sort of, on Black
Friday. This translates into not just, "how much will I spend?" but into
"I am spending less, and I am going to spend on quality, on brand and on
customer service. I want my money's worth." Consumers have moved from volume
to quality, from 10 presents in shiny paper to one or two presents and maybe a
better Christmas dinner or organic Chanukah latkes. This phenomenon has borne
itself out the past three spending seasons. Don't believe me about the New
Frugal? The marketing of diamonds to the masses "Say it With a Diamond,"
and so on began in the middle of the Depression. The very expensive refrigerator
replaced the inexpensive ice box during the Depression. For example, Apple s
(NASDAQ: AAPL ) sales doubled during our very own Great Recession thanks to the
iPhone, which essentially was the sale of a $300 phone with a two-year contract
during a time when many competitive phones were free with a two-year contract.
This flight to quality is going to accelerate this holiday spending season,
beginning with Black Friday. The following five companies embody this New
Frugal. You will notice that they are selling goods that are supposedly too
expensive to buy during a Great Recession, yet they have, on average, seen their
stock price more than quadruple in the past three years.
Gold, Silver Shares Fall, Markets Tumble on Euro Fears
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver shares endured further weakness on Wednesday as escalating euro zone sovereign debt concerns ignited broad-based selling in financial markets. The Philadelphia Gold & Silver Index (XAU) – comprised of the world’s largest precious metals companies – dropped 2.0% to 191.37 in early afternoon trading.
Breakouts Go Bad For Polaris Industries, Randgold Resources
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Breakouts Go Bad For Polaris Industries, Randgold Resources Investor’s Business Daily – 51 minutes ago By IBD STAFF Posted 01:29 PM ET Polaris Industries PII and Randgold Resources (GOLD) have reached 8% declines from their buy points. Although they've tried to rebound, shareholders should be …
Wednesday Apple Rumors — Big Discounts on MacBook Airs for Black Friday
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are your Apple rumors and AAPL stock news items for Wednesday: Apple Releases Black Friday Deals: Following up on Tuesday’s teaser that the company would be offering Black Friday deals via its online store, Apple (NASDAQ: AAPL ) announced Wednesday just what those deals would be. A report at 9 to 5 Mac received details from a “trusted tipster.” On Black Friday, Apple will offer its base-level MacBook Air laptop for $898, a discount of $100. However, discounts on the company’s most desired products, like the iPad tablet, are less impressive, with markdowns of just $21 to $41. TV Makers Rush to Figure Out Apple HDTV: According to Jeffries analyst Peter Misek, news that Apple is entering the TV manufacturing business has the rest of the television industry in a panic. A Wednesday report at All Things Digital quoted Misek discussing the still-rumored device’s impact: “TV manufacturers have begun a scrambling search to identify what iTV will be and do. They hope to avoid the fate other industries and manufacturers who were caught flat-footed by Apple.” Misek also said Sharp is reconfiguring its factory in Sakai specifically to build screens for Apple’s new TV. The line will be ready for production by February, and the TV could be out by mid-2012. Apple Allows Subscription Payments for Games on iPad: Bloomberg reported on Wednesday that Apple made a subtle but significant change to how people can pay for video games on the App Store. Big Fish Games, one of the leading mobile and social game studios, is now able to offer its iPad games for a subscription fee of $6.99 per month rather than through individual sales of game apps. Up until now, Apple’s subscription payments were restricted to apps like digital magazines and newspapers. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
What to Watch for in Agriculture Investing
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace On Wednesday morning, Deere & Co . (NYSE: DE ) reported blowout earnings that beat analyst expectations and came in 46% above year-ago levels. Deere also raised its outlook for 2012, saying it expects strong commodity prices and another robust year for the farming industry. Deere isn't the first farm equipment company to come through with a beat-and-raise in this earnings cycle. During the past month, AGCO (NYSE: AGCO ) and CNH Global (NYSE: CNH ) also surprised to the upside and boosted their outlooks. All three companies offered positive quotes about the sector in their respective calls and press releases: Deere: "Farmers in the world’s major markets are continuing to experience favorable incomes due to strong demand for agricultural commodities." AGCO: "Modest growth is expected in North America as the healthy financial position of row crop farmers and the projection of farm income above historical averages is expected to support strong demand in the professional farming sector." CNH: "We're going to have a very solid 2011 and we expect the farm income to be equivalent in 2012, so, we’re looking forward to continued good year in agriculture." That's the good news for ag-related stocks. Now for the bad news: Fertilizer stocks have been taking it on the chin in recent weeks, on fears that falling crop prices will reduce farmers' ability to invest in potash and other nutrients. Shares of Potash Corp. of Saskatchewan (NYSE: POT ) have nearly round-tripped from their recent rally, falling over $8 from their October 27 high of $50.92. In the $42 range now, POT shares are nearing their 52-week low of $39.54. The story's the same for Intrepid Potash (NYSE: IPI ): On Wednesday morning, it stood just above its 52-week low of $22.47 and well below its 2011 high of $40.22. Mosaic (NYSE: MO ) and Agrium (NYSE: AGU ) have been hit similarly hard during November, while CF Industries (NYSE: CF ) and Terra Nitrogen (NYSE: TNH ) have held up somewhat better. The primary reason for the underperformance of companies like Potash and Intrepid is that their share prices tend to track the price of corn, which has been falling throughout the second half of this year. This has created a disconnect between the stocks of farm equipment companies and the shares of the major fertilizer companies. While it may be dangerous to generalize because the equipment companies have exposure to other industries besides farming, the strong earnings, positive outlooks and favorable comments from the equipment makers indicate that the sell-off in fertilizer names may be overdone. On a longer-term basis, fertilizer stocks have a lot going for them. The three key pillars of the bull case are likely familiar to most investors: a rising global population, higher protein consumption in the world's developing economies (which raises the demand for feed) and the potential for industry consolidation. These points are critical, since they create a longer-term bid — and a strong institutional investor base — for these stocks. Potash Corp., for example, was initiated with a buy rating from Lazard Capital last week on the basis of low potash inventories and its belief that the U.S. Agriculture Department estimates for feed demand are too low. Despite these positive factors, valuations aren't demanding. Most names in the group are trading at or below a market P/E on a forward basis: Potash
Major Processing Design Improvements Boost Recovery of Critical Rare Earths at Pele Mountain's Eco Ridge Mine Project
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Major Processing Design Improvements Boost Recovery of Critical Rare Earths at Pele Mountain's Eco Ridge Mine Project MarketWatch – 1 hour ago TORONTO, ONTARIO, Nov 23, 2011 (MARKETWIRE via COMTEX) — Pele Mountain Resources Inc. /quotes/zigman/244645 CA:GEM +3.23% (otcqx:GOLDF) (“Pele” or the “Company”) today announced that processing …
Apple Inc. (NASDAQ:AAPL) To Open Midnight On Black Friday
Apple Inc. (NASDAQ:AAPL) has decided to open selected stores at midnight on
Black Friday. Apple Inc. (NASDAQ:AAPL) To Open Midnight On Black Friday
According to various reports, the majority of Apple Inc. (NASDAQ:AAPL) Stores in
the US will be opened between 5AM and 9AM to take advantage of early-rising
Black Friday shoppers. About 18 locations will be opened at 4AM including West
Town Mall, Pleasant Lane, University Park Mall, Burlington Mall, Fifth Avenue
Mall and Lehigh Valley Mall. Besides this, five Apple Inc. (NASDAQ:AAPL) Stores
including the Arden Fair, Galleria at Roseville, Vintage Faire Mall and Fashion
Fair outlets in California and the Orland Square store in Illinois will be open
at midnight. Apple Inc. (NASDAQ:AAPL) shares were at 376.51 at the end of the
last days trading. Theres been a 3.5% 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
Black Friday. Apple Inc. (NASDAQ:AAPL) To Open Midnight On Black Friday
According to various reports, the majority of Apple Inc. (NASDAQ:AAPL) Stores in
the US will be opened between 5AM and 9AM to take advantage of early-rising
Black Friday shoppers. About 18 locations will be opened at 4AM including West
Town Mall, Pleasant Lane, University Park Mall, Burlington Mall, Fifth Avenue
Mall and Lehigh Valley Mall. Besides this, five Apple Inc. (NASDAQ:AAPL) Stores
including the Arden Fair, Galleria at Roseville, Vintage Faire Mall and Fashion
Fair outlets in California and the Orland Square store in Illinois will be open
at midnight. Apple Inc. (NASDAQ:AAPL) shares were at 376.51 at the end of the
last days trading. Theres been a 3.5% 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
Google Inc. (NASDAQ:GOOG) Linking Plus With News
Google Inc. (NASDAQ:GOOG) has integrated its social networking site with Google
News. Google Inc. (NASDAQ:GOOG) Linking Plus With News Google Inc. (NASDAQ:GOOG)
is integrating its social networking site Google Plus with its web search tool
Google News. From today, the spotlight section of Google News will include a
selection of articles which people in your contact list +1'd. This will help
signed in users to see articles their friends have been reading or sharing.
Google Inc. (NASDAQ:GOOG) CEO Eric Schmidt wrote in a blog post, "We hope this
change helps you find more great articles to enjoy, and gives more power to your
+1s". Google Inc. (NASDAQ:GOOG) stocks were at 580 at the end of the last days
trading. Theres been a 16.6% change in the stock price over the past 3 months.
Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zacks
Rank: 2 out of 30 in the industry
News. Google Inc. (NASDAQ:GOOG) Linking Plus With News Google Inc. (NASDAQ:GOOG)
is integrating its social networking site Google Plus with its web search tool
Google News. From today, the spotlight section of Google News will include a
selection of articles which people in your contact list +1'd. This will help
signed in users to see articles their friends have been reading or sharing.
Google Inc. (NASDAQ:GOOG) CEO Eric Schmidt wrote in a blog post, "We hope this
change helps you find more great articles to enjoy, and gives more power to your
+1s". Google Inc. (NASDAQ:GOOG) stocks were at 580 at the end of the last days
trading. Theres been a 16.6% change in the stock price over the past 3 months.
Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zacks
Rank: 2 out of 30 in the industry
Breakouts Go Bad For Polaris Industries, Randgold Resources
Breakouts Go Bad For Polaris Industries, Randgold Resources Investor's Business
Daily - 51 minutes ago By IBD STAFF Posted 01:29 PM ET Polaris Industries PII
and Randgold Resources (GOLD) have reached 8% declines from their buy points.
Although theyve tried to rebound, shareholders should be ...
Daily - 51 minutes ago By IBD STAFF Posted 01:29 PM ET Polaris Industries PII
and Randgold Resources (GOLD) have reached 8% declines from their buy points.
Although theyve tried to rebound, shareholders should be ...
Wednesday Apple Rumors — Big Discounts on MacBook Airs for Black Friday
Here are your Apple rumors and AAPL stock news items for Wednesday: Apple
Releases Black Friday Deals: Following up on Tuesdays teaser that the company
would be offering Black Friday deals via its online store, Apple (NASDAQ: AAPL )
announced Wednesday just what those deals would be. A report at 9 to 5 Mac
received details from a trusted tipster. On Black Friday, Apple will offer its
base-level MacBook Air laptop for $898, a discount of $100. However, discounts
on the companys most desired products, like the iPad tablet, are less
impressive, with markdowns of just $21 to $41. TV Makers Rush to Figure Out
Apple HDTV: According to Jeffries analyst Peter Misek, news that Apple is
entering the TV manufacturing business has the rest of the television industry
in a panic. A Wednesday report at All Things Digital quoted Misek discussing the
still-rumored devices impact: TV manufacturers have begun a scrambling search to
identify what iTV will be and do. They hope to avoid the fate other industries
and manufacturers who were caught flat-footed by Apple. Misek also said Sharp is
reconfiguring its factory in Sakai specifically to build screens for Apples new
TV. The line will be ready for production by February, and the TV could be out
by mid-2012. Apple Allows Subscription Payments for Games on iPad: Bloomberg
reported on Wednesday that Apple made a subtle but significant change to how
people can pay for video games on the App Store. Big Fish Games, one of the
leading mobile and social game studios, is now able to offer its iPad games for
a subscription fee of $6.99 per month rather than through individual sales of
game apps. Up until now, Apples subscription payments were restricted to apps
like digital magazines and newspapers. As of this writing, Anthony John Agnello
did not hold a position in any of the aforementioned stocks. Follow him on
Twitter at
Releases Black Friday Deals: Following up on Tuesdays teaser that the company
would be offering Black Friday deals via its online store, Apple (NASDAQ: AAPL )
announced Wednesday just what those deals would be. A report at 9 to 5 Mac
received details from a trusted tipster. On Black Friday, Apple will offer its
base-level MacBook Air laptop for $898, a discount of $100. However, discounts
on the companys most desired products, like the iPad tablet, are less
impressive, with markdowns of just $21 to $41. TV Makers Rush to Figure Out
Apple HDTV: According to Jeffries analyst Peter Misek, news that Apple is
entering the TV manufacturing business has the rest of the television industry
in a panic. A Wednesday report at All Things Digital quoted Misek discussing the
still-rumored devices impact: TV manufacturers have begun a scrambling search to
identify what iTV will be and do. They hope to avoid the fate other industries
and manufacturers who were caught flat-footed by Apple. Misek also said Sharp is
reconfiguring its factory in Sakai specifically to build screens for Apples new
TV. The line will be ready for production by February, and the TV could be out
by mid-2012. Apple Allows Subscription Payments for Games on iPad: Bloomberg
reported on Wednesday that Apple made a subtle but significant change to how
people can pay for video games on the App Store. Big Fish Games, one of the
leading mobile and social game studios, is now able to offer its iPad games for
a subscription fee of $6.99 per month rather than through individual sales of
game apps. Up until now, Apples subscription payments were restricted to apps
like digital magazines and newspapers. As of this writing, Anthony John Agnello
did not hold a position in any of the aforementioned stocks. Follow him on
Twitter at
Gold, Silver Shares Fall, Markets Tumble on Euro Fears
Gold and silver shares endured further weakness on Wednesday as escalating euro
zone sovereign debt concerns ignited broad-based selling in financial markets.
The Philadelphia Gold & Silver Index (XAU) comprised of the worlds largest
precious metals companies dropped 2.0% to 191.37 in early afternoon trading.
zone sovereign debt concerns ignited broad-based selling in financial markets.
The Philadelphia Gold & Silver Index (XAU) comprised of the worlds largest
precious metals companies dropped 2.0% to 191.37 in early afternoon trading.
Get Fired Up for Amazon’s Bargain Stock!
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Amazon (NASDAQ: AMZN ) is bringing the heat to the tablet market. The company is projected to sell 5 million Kindle Fire tablets before the end of the year — impressive considering the device will only have been on sale for a month and a half. However, that number looks more remarkable when you put it in context with the entire tablet market. While Apple (NASDAQ: AAPL ) sold 11 million tablets during this year’s third quarter, all other tablet makers combined sold just 1.2 million devices between January and October — meaning the Kindle Fire might single-handedly have created a competitive tablet market. Still, big time sales or not, Amazon is taking a hit on every Kindle Fire sold. The device sells for $199 but costs $201.70 to build — and that loss doesn’t count any licensing or royalties Amazon pays on the tablet’s technology. Nor does it consider losses taken on the company’s free shipping offers. Amazon might burn a hole in its pockets with the Kindle Fire even if it’s a success. And now's not the time for Amazon to be burning cash, either. In the most recent quarter, AMZN net sales came to $10.88 billion , good for year-over-year growth of 44%. However, various costs including Kindle Fire development and manufacturing — as well as new licensing deals with Disney (NYSE: DIS ) and News Corp. (NASDAQ: NWS ) for streaming video rights — drove net income down. Way down. Net income was down 73% from last year at just $63 million, or 14 cents per share , which missed Wall Street expectations by a dime per share. Guidance for the fourth quarter wasn’t promising either, with a wide income forecast of between $250 million and a loss of $200 million. AMZN shares tanked from a mid-October high above $240 to $195 by month’s end. As of Tuesday — despite a positive Kindle Fire debut week, rumors of a new Amazon smartphone and massive holiday sales projections — Amazon was trading just above $192. That’s still above its 52-week low of $160, but AMZN is heading for its support level of just below $186. All signs say sell and sell now . Before moving those shares, though, it’s important to think about Amazon’s positioning going into 2012. Those millions of Kindle Fires represent more than just strong brand reinforcement, but increased sales for literally all of Amazon’s operations. That device is a handheld portal for Amazon’s core online retail business. Each Kindle Fire comes with a free trial to the Amazon Prime premium subscription service, which, for $79 per year, gives users access to streaming video, an e-book lending library and discount shipping. It’s estimated that Amazon’s total annual revenue grows 1.5% for every 1 million new Amazon Prime subscribers . Assuming the company sells 5 million Kindle Fires and just 20% of those new customers become paying Prime subscribers, that’s a significant bump in revenue. Even though net income projections for the fourth quarter don’t inspire confidence, sales projections should: Amazon expects Q4 sales of between $16.5 billion and $18.7 billion , representing YOY growth between 27% and 44%, respectively. That uptick in revenue should fuel the company’s ambitions for a while to come. Digitimes reported Tuesday that the company already is preparing two new models of Kindle Fire — 8.9-inch and 10.1-inch versions with enhanced capabilities over the current 7-inch model — for release in 2012. Amazon is evolving in a powerful way. It is transforming from a retailer that relies on other company’s products, be they phones or PCs, to reach customers into one that reaches customers directly through its own devices. The Fire is delivering on the promise Amazon’s Kindle business showed when it started in 2007. Amazon already leads online retail and is spending big to place a literal storefront in consumers’ hands under the guise of entertainment. It’s the reverse of what Apple has done with its devices, selling desirable technology first as a gateway to retail. With Kindle Fire on track to sell big in the near and long term, $192 ultimately might turn out to be a bargain for a piece of Amazon. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
Todays Dow Jones Industrial Average DJIA Index DJX DJI, S&P 500, Nasdaq Stock Market Word Economy Investing News Mid-Day Today
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dow2664 The primary indices in the U.S. finished the last week lower. The Dow Jones Industrial Average, Nasdaq, and S&P 500 closed out the week on the negative side of break-even. Investors in the U.S. opened this week hoping to give thanks for more positive news. A weaker than expected GDP report in the U.S., paired with the ongoing concerns related to the debt crisis, kept stocks lower and the primary indices finished in the red opening session and last session this week. This morning, prior to opening bell, stock futures were positioned for the negative open once again. Primary composites in Asia closed lower today. The Nikkei finished red by .40 percent. The Hang Seng closed lower by 2.12 percent and the Shanghai Composite finished red by .73 percent. European markets were moving lower as well. U.S. stocks continue to be affected as the negatively skewed news spills over into the U.S. via the global markets. One noteworthy report stemming from the Asiazone relates to manufacturing. Chinese manufacturing output dropped significantly according to the latest China HSBC PMI reading. Eurozone indices finished red today. Today in the U.S., the primary composites were trending lower at mid-day. The Dow Jones was lower by 1.69 percent at 11,299.98. The Nasdaq was lower by 1.97 percent at 2,471.70 and the S&P 500 was red by 1.84 percent at 1,166.30. Asia and euro-zone worries push sock indices lower today. Frank Matto
Todays Gold Price Per Ounce, Spot Gold Price per gram; Spot Silver price per ounce; Gold Silver Rates News Mid-Day
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dow2664 Gold price per ounce and silver price per ounce closed out with floor prices on the positive side of break-even last session. The safe haven appeal of the two precious metals remained attractive to global investors as the debt crisis continues to play out globally. In addition to the negatively skewed debt crisis developments, the GDP report in the U.S. posted weaker than expected yesterday in the U.S. These actions pushed investors to side with safe havens through the last trading day. Today, gold and silver price trends have fallen back. Prior to opening bell this morning, spot gold price per gram trend-lines and spot silver price per ounce trend-lines moved negatively. Manufacturing is down according to the HSBC PMI report out of China. Weaker manufacturing data stemming from a large consumer of metals means weaker trends for precious metal gold and silver. As the trading session in the U.S. reached the mid-day mark, gold and silver contract rates were dropping lower. Contract gold for December delivery was negative at this point by 1.26 percent at 1681 per troy ounce. Silver contract for December delivery was lower by 4.40 percent at 31.50 per troy ounce. Spot gold per gram was lower by .53 at 54.20 and spot silver per ounce was lower by 1.36 at 31.59 at this point in the session. Camillo Zucari
Gold, Silver Heading South for Thanksgiving
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tdp2664 InvestorPlace Gold and silver were heading sharply lower Wednesday morning, as weaker-than-expected reports on durable goods orders and personal spending — along with what was said to be the worst auction of 10-year German government bonds in recent memory — sent investors and traders running for safer havens. Spot gold was some 0.92% lower around 10:20 a.m. Wednesday, while spot silver was down 3.72%. Spot gold was bid at $1,683.70 per ounce with an ask price of $1,684.70, having traded at a high of $1,696.60 and a low of $1,679.90. The London afternoon reference price fixing was set at $1,681, according to Kitco market data . Spot silver was bid at $31.55 per ounce with an ask price of $31.65. The morning high as of time of writing was $31.95, and the low was $31.36. Monday’s reference price was set at $31.51 in the London a.m. Gold trusts were down and the iShares Silver Trust (NYSE: SLV ) was sharply lower in the run-up to the long Thanksgiving holiday weekend. The SPDR Gold Trust (NYSE: GLD ) was around 0.9% lower. The iShares Gold Trust (NYSE: IAU ) was nearly 1% lower. The iShares Silver Trust was showing losses of more than 3.7%. Gold and silver mining ETFs were heading south as well. The Market Vectors Gold Miners ETF (NYSE: GDX ) was down more than 3%. The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was around 4.75% lower. The Global X Silver Miners ETF (NYSE: SIL ) was more than 4.4% lower. Shares of gold miners were showing large morning losses. Agnico-Eagle Mines (NYSE: AEM ) was some 2.8% lower. Barrick Gold Corp. (NYSE: ABX ) was between 2.75% and 2.9% lower. Goldcorp (NYSE: GG ) was showing losses of around 3.75%. Newmont Mining Corp. (NYSE: NEM ) was more than 2.1% lower. NovaGold Resources (AMEX: NG ) was showing losses of almost 5% after surging higher recently. Silver miners’ shares were getting pummeled. Coeur d’Alene Mines Corp. (NYSE: CDE ) was between 4.5% and 4.8% lower. Hecla Mining (NYSE: HL ) was down around 6.3%. Pan American Silver Corp. (NASDAQ: PAAS ) was some 3% lower. Silver Wheaton Corp. (NYSE: SLW ) was down around 4%. Silver Standard Resources Inc. (NASDAQ: SSRI ) was down some 5.8%. As of this writing, Andrew Burger did not hold a position in any of the aforementioned stocks.
“In the end my survival vehicle will be gold”
The global economy is moving into a survival period in which gold will provide
one of the few areas of protection for investors, according to Richard Russell.
The publisher of Dow Theory Letters the worlds longest-running daily investment
letter and a long-time gold bull, Russell reiterated his bullish case for the
yellow metal and gold-related investments this week. I now think of compounding
in terms of debt and the compounding of that debt load, Russell wrote. Today we
deal in trillions. Example Bill Gates, the richest man in America, has about $6
billion in assets. One trillion equals 1,000 billion. The US national debt is
$15 trillion and counting. But its currently compounding at historically low
interest rates. Meanwhile the Fed and the central banks of the world are
creating new money at prodigious rates, he added. Its only a matter of time
before all this new money sets off inflation, no matter what Chancellor Merkel
is trying to do. I expect this inflation to appear in the next year or two; with
the rise of inflation, comes higher interest rates. Rising interest rates are
death to compounding debt. Russell went on to say that My advice. We are moving
closer and closer to what I call survival period the period where the magic of
compounding turns into what will be the poison of compounding. This isnt a time
for timing. This is a time for action. Reduce your exposure to bonds and all
items that provide fixed interest rates. Similarly, reduce your exposure to
stocks except the gold miners. Look to expand your positions in
inflation-protected assets, especially gold. Those who are holding stocks in the
hopes of the usual rebound are going to be terribly disappointed in the years
ahead. This bear market is going to be unlike anything weve ever seen before. In
the end my survival vehicle will be gold. I say again, timing is hopeless. Gold
will have purchasing power and true wealth as almost everything else is
destroyed by this unprecedented bear market. Lastly, Russell once again spared
few punches in criticizing Americas policymakers.
one of the few areas of protection for investors, according to Richard Russell.
The publisher of Dow Theory Letters the worlds longest-running daily investment
letter and a long-time gold bull, Russell reiterated his bullish case for the
yellow metal and gold-related investments this week. I now think of compounding
in terms of debt and the compounding of that debt load, Russell wrote. Today we
deal in trillions. Example Bill Gates, the richest man in America, has about $6
billion in assets. One trillion equals 1,000 billion. The US national debt is
$15 trillion and counting. But its currently compounding at historically low
interest rates. Meanwhile the Fed and the central banks of the world are
creating new money at prodigious rates, he added. Its only a matter of time
before all this new money sets off inflation, no matter what Chancellor Merkel
is trying to do. I expect this inflation to appear in the next year or two; with
the rise of inflation, comes higher interest rates. Rising interest rates are
death to compounding debt. Russell went on to say that My advice. We are moving
closer and closer to what I call survival period the period where the magic of
compounding turns into what will be the poison of compounding. This isnt a time
for timing. This is a time for action. Reduce your exposure to bonds and all
items that provide fixed interest rates. Similarly, reduce your exposure to
stocks except the gold miners. Look to expand your positions in
inflation-protected assets, especially gold. Those who are holding stocks in the
hopes of the usual rebound are going to be terribly disappointed in the years
ahead. This bear market is going to be unlike anything weve ever seen before. In
the end my survival vehicle will be gold. I say again, timing is hopeless. Gold
will have purchasing power and true wealth as almost everything else is
destroyed by this unprecedented bear market. Lastly, Russell once again spared
few punches in criticizing Americas policymakers.
Family Focus For Microsoft Corporation (NASDAQ:MSFT) Holiday Ads
Microsoft Corporation (NASDAQ:MSFT) Philippines has focused on the family for
its holiday campaign. Family Focus For Microsoft Corporation (NASDAQ:MSFT)
Holiday Ads Microsoft Corporation (NASDAQ:MSFT) Philippines announced its theme
for its holiday campaign, "It's A Great Time To Be A Family". The theme
will be launched along with a showcase of Microsoft Corporation
(NASDAQ:MSFT)'s entire range of retail products including Windows 7, Microsoft
Corporation (NASDAQ:MSFT) Office and Windows Phone 7. Mae Moreno, Windows client
product manager of Microsoft Corporation (NASDAQ:MSFT) Philippines, said that,
"In October, Microsoft Corporation (NASDAQ:MSFT) conducted a survey on MSN
called "Families and Technology 2011," which polled more than 3,700
respondents across seven countries in Asia. According to the survey, Filipinos
keep in touch with their loved ones through technology. The results of the poll
show that the popular notion of technology being a purely negative influence on
family relationships is a misconception. The increasingly globalized nature of
the world economy has no doubt greatly dispersed families far and wide around
the region, but Microsoft Corporation (NASDAQ:MSFT)'s focus is on delivering
technology that makes it easier for families to stay together". Microsoft
Corp. (NASDAQ:MSFT) stocks are currently standing at 24.79. Price History Last
Price: 24.79 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.37 6
Month Price Change %: 3.4% 12 Month Price Change %: -2.7%
its holiday campaign. Family Focus For Microsoft Corporation (NASDAQ:MSFT)
Holiday Ads Microsoft Corporation (NASDAQ:MSFT) Philippines announced its theme
for its holiday campaign, "It's A Great Time To Be A Family". The theme
will be launched along with a showcase of Microsoft Corporation
(NASDAQ:MSFT)'s entire range of retail products including Windows 7, Microsoft
Corporation (NASDAQ:MSFT) Office and Windows Phone 7. Mae Moreno, Windows client
product manager of Microsoft Corporation (NASDAQ:MSFT) Philippines, said that,
"In October, Microsoft Corporation (NASDAQ:MSFT) conducted a survey on MSN
called "Families and Technology 2011," which polled more than 3,700
respondents across seven countries in Asia. According to the survey, Filipinos
keep in touch with their loved ones through technology. The results of the poll
show that the popular notion of technology being a purely negative influence on
family relationships is a misconception. The increasingly globalized nature of
the world economy has no doubt greatly dispersed families far and wide around
the region, but Microsoft Corporation (NASDAQ:MSFT)'s focus is on delivering
technology that makes it easier for families to stay together". Microsoft
Corp. (NASDAQ:MSFT) stocks are currently standing at 24.79. Price History Last
Price: 24.79 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.37 6
Month Price Change %: 3.4% 12 Month Price Change %: -2.7%
Google Inc. (NASDAQ:GOOG) Helping Developers With HTML5
Google Inc. (NASDAQ:GOOG) has rolled out a Flash-to-HTML5 conversion extension.
Google Inc. (NASDAQ:GOOG) Helping Developers With HTML5 Google Inc.
(NASDAQ:GOOG) has introduced a Flash-to-HTML5 conversion tool extension to help
web developers to convert their animations to HTML5 with just a click. The
company also upgraded some of its other tools to help developers with various
animations. Google Inc. (NASDAQ:GOOG) Swiffy team software engineer Esteban de
la Canal said, "To speed up the development process, we've built the Swiffy
Extension for Flash Professional. The extension enables you to convert your
animation to HTML5 with one click (or keyboard shortcut). The extension is
available for both Mac and Windows, and it uses Swiffy as a Web service, so
you'll always get our latest and greatest conversion. Information about the
conversion process is shown within Flash Professional". Google Inc.
(NASDAQ:GOOG) stocks were at 580 at the end of the last days trading. Theres
been a 16.6% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zacks
Rank: 2 out of 30 in the industry
Google Inc. (NASDAQ:GOOG) Helping Developers With HTML5 Google Inc.
(NASDAQ:GOOG) has introduced a Flash-to-HTML5 conversion tool extension to help
web developers to convert their animations to HTML5 with just a click. The
company also upgraded some of its other tools to help developers with various
animations. Google Inc. (NASDAQ:GOOG) Swiffy team software engineer Esteban de
la Canal said, "To speed up the development process, we've built the Swiffy
Extension for Flash Professional. The extension enables you to convert your
animation to HTML5 with one click (or keyboard shortcut). The extension is
available for both Mac and Windows, and it uses Swiffy as a Web service, so
you'll always get our latest and greatest conversion. Information about the
conversion process is shown within Flash Professional". Google Inc.
(NASDAQ:GOOG) stocks were at 580 at the end of the last days trading. Theres
been a 16.6% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zacks
Rank: 2 out of 30 in the industry
U.S GDP Q3 2011 was revised Down to 2.0%
The bureau of economic analysis published yesterday its second estimate of U.S.
GDP 2011 third quarter of 2011: According to the report, the growth rate of the
real U.S GDP 2011 in the third quarter of 2011 was revised down from 2.5% in the
initial estimate to 2.0% growth rate in the current estimate; in the previous
quarter (Q2 2011) the real U0S GDP rose by only 1.3%. The Q3 2011 growth rate is
still the highest growth rate in 2011. On the one hand, this news shows a higher
growth rate than in the two previous quarters, but on the other hand the growth
rate for Q3 2011 was revised down; this revision may have been among the factors
to adversely affect the American stock markets yesterday and could continue to
affect traders to trade down stock along with major commodities such as crude
oil and gold. Currently the American stock markets along with the major
commodities prices such as crude oil prices and gold price are falling: Nymex
(WTI) crude oil price, short term future (December 2011 delivery) is traded
declining by 2.18%, at $95.87 per barrel as of 16:11*. Gold price, short term
futures (December 2011 delivery)
GDP 2011 third quarter of 2011: According to the report, the growth rate of the
real U.S GDP 2011 in the third quarter of 2011 was revised down from 2.5% in the
initial estimate to 2.0% growth rate in the current estimate; in the previous
quarter (Q2 2011) the real U0S GDP rose by only 1.3%. The Q3 2011 growth rate is
still the highest growth rate in 2011. On the one hand, this news shows a higher
growth rate than in the two previous quarters, but on the other hand the growth
rate for Q3 2011 was revised down; this revision may have been among the factors
to adversely affect the American stock markets yesterday and could continue to
affect traders to trade down stock along with major commodities such as crude
oil and gold. Currently the American stock markets along with the major
commodities prices such as crude oil prices and gold price are falling: Nymex
(WTI) crude oil price, short term future (December 2011 delivery) is traded
declining by 2.18%, at $95.87 per barrel as of 16:11*. Gold price, short term
futures (December 2011 delivery)
Get Fired Up for Amazon’s Bargain Stock!
Amazon (NASDAQ: AMZN ) is bringing the heat to the tablet market. The company
is projected to sell 5 million Kindle Fire tablets before the end of the year
impressive considering the device will only have been on sale for a month and a
half. However, that number looks more remarkable when you put it in context with
the entire tablet market. While Apple (NASDAQ: AAPL ) sold 11 million tablets
during this years third quarter, all other tablet makers combined sold just 1.2
million devices between January and October meaning the Kindle Fire might
single-handedly have created a competitive tablet market. Still, big time sales
or not, Amazon is taking a hit on every Kindle Fire sold. The device sells for
$199 but costs $201.70 to build and that loss doesnt count any licensing or
royalties Amazon pays on the tablets technology. Nor does it consider losses
taken on the companys free shipping offers. Amazon might burn a hole in its
pockets with the Kindle Fire even if its a success. And now's not the time for
Amazon to be burning cash, either. In the most recent quarter, AMZN net sales
came to $10.88 billion , good for year-over-year growth of 44%. However, various
costs including Kindle Fire development and manufacturing as well as new
licensing deals with Disney (NYSE: DIS ) and News Corp. (NASDAQ: NWS ) for
streaming video rights drove net income down. Way down. Net income was down 73%
from last year at just $63 million, or 14 cents per share , which missed Wall
Street expectations by a dime per share. Guidance for the fourth quarter wasnt
promising either, with a wide income forecast of between $250 million and a loss
of $200 million. AMZN shares tanked from a mid-October high above $240 to $195
by months end. As of Tuesday despite a positive Kindle Fire debut week, rumors
of a new Amazon smartphone and massive holiday sales projections Amazon was
trading just above $192. Thats still above its 52-week low of $160, but AMZN is
heading for its support level of just below $186. All signs say sell and sell
now . Before moving those shares, though, its important to think about Amazons
positioning going into 2012. Those millions of Kindle Fires represent more than
just strong brand reinforcement, but increased sales for literally all of
Amazons operations. That device is a handheld portal for Amazons core online
retail business. Each Kindle Fire comes with a free trial to the Amazon Prime
premium subscription service, which, for $79 per year, gives users access to
streaming video, an e-book lending library and discount shipping. Its estimated
that Amazons total annual revenue grows 1.5% for every 1 million new Amazon
Prime subscribers . Assuming the company sells 5 million Kindle Fires and just
20% of those new customers become paying Prime subscribers, thats a significant
bump in revenue. Even though net income projections for the fourth quarter dont
inspire confidence, sales projections should: Amazon expects Q4 sales of between
$16.5 billion and $18.7 billion , representing YOY growth between 27% and 44%,
respectively. That uptick in revenue should fuel the companys ambitions for a
while to come. Digitimes reported Tuesday that the company already is preparing
two new models of Kindle Fire 8.9-inch and 10.1-inch versions with enhanced
capabilities over the current 7-inch model for release in 2012. Amazon is
evolving in a powerful way. It is transforming from a retailer that relies on
other companys products, be they phones or PCs, to reach customers into one that
reaches customers directly through its own devices. The Fire is delivering on
the promise Amazons Kindle business showed when it started in 2007. Amazon
already leads online retail and is spending big to place a literal storefront in
consumers hands under the guise of entertainment. Its the reverse of what Apple
has done with its devices, selling desirable technology first as a gateway to
retail. With Kindle Fire on track to sell big in the near and long term, $192
ultimately might turn out to be a bargain for a piece of Amazon. As of this
writing, Anthony John Agnello did not hold a position in any of the
aforementioned stocks. Follow him on Twitter at
is projected to sell 5 million Kindle Fire tablets before the end of the year
impressive considering the device will only have been on sale for a month and a
half. However, that number looks more remarkable when you put it in context with
the entire tablet market. While Apple (NASDAQ: AAPL ) sold 11 million tablets
during this years third quarter, all other tablet makers combined sold just 1.2
million devices between January and October meaning the Kindle Fire might
single-handedly have created a competitive tablet market. Still, big time sales
or not, Amazon is taking a hit on every Kindle Fire sold. The device sells for
$199 but costs $201.70 to build and that loss doesnt count any licensing or
royalties Amazon pays on the tablets technology. Nor does it consider losses
taken on the companys free shipping offers. Amazon might burn a hole in its
pockets with the Kindle Fire even if its a success. And now's not the time for
Amazon to be burning cash, either. In the most recent quarter, AMZN net sales
came to $10.88 billion , good for year-over-year growth of 44%. However, various
costs including Kindle Fire development and manufacturing as well as new
licensing deals with Disney (NYSE: DIS ) and News Corp. (NASDAQ: NWS ) for
streaming video rights drove net income down. Way down. Net income was down 73%
from last year at just $63 million, or 14 cents per share , which missed Wall
Street expectations by a dime per share. Guidance for the fourth quarter wasnt
promising either, with a wide income forecast of between $250 million and a loss
of $200 million. AMZN shares tanked from a mid-October high above $240 to $195
by months end. As of Tuesday despite a positive Kindle Fire debut week, rumors
of a new Amazon smartphone and massive holiday sales projections Amazon was
trading just above $192. Thats still above its 52-week low of $160, but AMZN is
heading for its support level of just below $186. All signs say sell and sell
now . Before moving those shares, though, its important to think about Amazons
positioning going into 2012. Those millions of Kindle Fires represent more than
just strong brand reinforcement, but increased sales for literally all of
Amazons operations. That device is a handheld portal for Amazons core online
retail business. Each Kindle Fire comes with a free trial to the Amazon Prime
premium subscription service, which, for $79 per year, gives users access to
streaming video, an e-book lending library and discount shipping. Its estimated
that Amazons total annual revenue grows 1.5% for every 1 million new Amazon
Prime subscribers . Assuming the company sells 5 million Kindle Fires and just
20% of those new customers become paying Prime subscribers, thats a significant
bump in revenue. Even though net income projections for the fourth quarter dont
inspire confidence, sales projections should: Amazon expects Q4 sales of between
$16.5 billion and $18.7 billion , representing YOY growth between 27% and 44%,
respectively. That uptick in revenue should fuel the companys ambitions for a
while to come. Digitimes reported Tuesday that the company already is preparing
two new models of Kindle Fire 8.9-inch and 10.1-inch versions with enhanced
capabilities over the current 7-inch model for release in 2012. Amazon is
evolving in a powerful way. It is transforming from a retailer that relies on
other companys products, be they phones or PCs, to reach customers into one that
reaches customers directly through its own devices. The Fire is delivering on
the promise Amazons Kindle business showed when it started in 2007. Amazon
already leads online retail and is spending big to place a literal storefront in
consumers hands under the guise of entertainment. Its the reverse of what Apple
has done with its devices, selling desirable technology first as a gateway to
retail. With Kindle Fire on track to sell big in the near and long term, $192
ultimately might turn out to be a bargain for a piece of Amazon. As of this
writing, Anthony John Agnello did not hold a position in any of the
aforementioned stocks. Follow him on Twitter at
Top 10 U.S.-Listed Chinese Stocks with Highest Short Interest: JKS, TSL, FSIN, VIT, LDK, HOGS, CMED, MR, ASIA, TSTC (Nov 23, 2011)
Below are the top 10 U.S.-listed Chinese stocks with the highest short interest
as a percentage of total shares outstanding. Significant Short Covering can
cause these stocks to rise sharply . JinkoSolar Holding Co., Ltd. (NYSE:JKS) has
the 1st highest short interest in this segment of the market. Its short interest
is 26.5% of its total shares outstanding. Its Days to Cover is 7.22, calculated
as current short interest divided by average daily volume. Trina Solar Limited
(ADR) (NYSE:TSL) has the 2nd highest short interest in this segment of the
market. Its short interest is 23.8% of its total shares outstanding. Its Days to
Cover is 4.33, calculated as current short interest divided by average daily
volume. Fushi Copperweld, Inc. (NASDAQ:FSIN) has the 3rd highest short interest
in this segment of the market. Its short interest is 22.1% of its total shares
outstanding. Its Days to Cover is 31.56, calculated as current short interest
divided by average daily volume. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) has
the 4th highest short interest in this segment of the market. Its short interest
is 20.8% of its total shares outstanding. Its Days to Cover is 9.94, calculated
as current short interest divided by average daily volume. LDK Solar Co., Ltd
(ADR) (NYSE:LDK) has the 5th highest short interest in this segment of the
market. Its short interest is 20.2% of its total shares outstanding. Its Days to
Cover is 11.66, calculated as current short interest divided by average daily
volume. ZHONGPIN INC. (NASDAQ:HOGS) has the 6th highest short interest in this
segment of the market. Its short interest is 13.8% of its total shares
outstanding. Its Days to Cover is 13.39, calculated as current short interest
divided by average daily volume. China Medical Technologies, Inc. (ADR)
(NASDAQ:CMED) has the 7th highest short interest in this segment of the market.
Its short interest is 13.6% of its total shares outstanding. Its Days to Cover
is 18.63, calculated as current short interest divided by average daily volume.
Mindray Medical International Ltd (ADR) (NYSE:MR) has the 8th highest short
interest in this segment of the market. Its short interest is 13.6% of its total
shares outstanding. Its Days to Cover is 49.52, calculated as current short
interest divided by average daily volume. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA)
has the 9th highest short interest in this segment of the market. Its short
interest is 13.2% of its total shares outstanding. Its Days to Cover is 12.58,
calculated as current short interest divided by average daily volume. Telestone
Technologies Corporation (NASDAQ:TSTC) has the 10th highest short interest in
this segment of the market. Its short interest is 12.8% of its total shares
outstanding. Its Days to Cover is 11.98, calculated as current short interest
divided by average daily volume.
as a percentage of total shares outstanding. Significant Short Covering can
cause these stocks to rise sharply . JinkoSolar Holding Co., Ltd. (NYSE:JKS) has
the 1st highest short interest in this segment of the market. Its short interest
is 26.5% of its total shares outstanding. Its Days to Cover is 7.22, calculated
as current short interest divided by average daily volume. Trina Solar Limited
(ADR) (NYSE:TSL) has the 2nd highest short interest in this segment of the
market. Its short interest is 23.8% of its total shares outstanding. Its Days to
Cover is 4.33, calculated as current short interest divided by average daily
volume. Fushi Copperweld, Inc. (NASDAQ:FSIN) has the 3rd highest short interest
in this segment of the market. Its short interest is 22.1% of its total shares
outstanding. Its Days to Cover is 31.56, calculated as current short interest
divided by average daily volume. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) has
the 4th highest short interest in this segment of the market. Its short interest
is 20.8% of its total shares outstanding. Its Days to Cover is 9.94, calculated
as current short interest divided by average daily volume. LDK Solar Co., Ltd
(ADR) (NYSE:LDK) has the 5th highest short interest in this segment of the
market. Its short interest is 20.2% of its total shares outstanding. Its Days to
Cover is 11.66, calculated as current short interest divided by average daily
volume. ZHONGPIN INC. (NASDAQ:HOGS) has the 6th highest short interest in this
segment of the market. Its short interest is 13.8% of its total shares
outstanding. Its Days to Cover is 13.39, calculated as current short interest
divided by average daily volume. China Medical Technologies, Inc. (ADR)
(NASDAQ:CMED) has the 7th highest short interest in this segment of the market.
Its short interest is 13.6% of its total shares outstanding. Its Days to Cover
is 18.63, calculated as current short interest divided by average daily volume.
Mindray Medical International Ltd (ADR) (NYSE:MR) has the 8th highest short
interest in this segment of the market. Its short interest is 13.6% of its total
shares outstanding. Its Days to Cover is 49.52, calculated as current short
interest divided by average daily volume. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA)
has the 9th highest short interest in this segment of the market. Its short
interest is 13.2% of its total shares outstanding. Its Days to Cover is 12.58,
calculated as current short interest divided by average daily volume. Telestone
Technologies Corporation (NASDAQ:TSTC) has the 10th highest short interest in
this segment of the market. Its short interest is 12.8% of its total shares
outstanding. Its Days to Cover is 11.98, calculated as current short interest
divided by average daily volume.
Gold, Silver Heading South for Thanksgiving
Gold and silver were heading sharply lower Wednesday morning, as
weaker-than-expected reports on durable goods orders and personal spending
along with what was said to be the worst auction of 10-year German government
bonds in recent memory sent investors and traders running for safer havens.
Spot gold was some 0.92% lower around 10:20 a.m. Wednesday, while spot silver
was down 3.72%. Spot gold was bid at $1,683.70 per ounce with an ask price of
$1,684.70, having traded at a high of $1,696.60 and a low of $1,679.90. The
London afternoon reference price fixing was set at $1,681, according to Kitco
market data . Spot silver was bid at $31.55 per ounce with an ask price of
$31.65. The morning high as of time of writing was $31.95, and the low was
$31.36. Mondays reference price was set at $31.51 in the London a.m. Gold trusts
were down and the iShares Silver Trust (NYSE: SLV ) was sharply lower in the
run-up to the long Thanksgiving holiday weekend. The SPDR Gold Trust (NYSE: GLD
) was around 0.9% lower. The iShares Gold Trust (NYSE: IAU ) was nearly 1%
lower. The iShares Silver Trust was showing losses of more than 3.7%. Gold and
silver mining ETFs were heading south as well. The Market Vectors Gold Miners
ETF (NYSE: GDX ) was down more than 3%. The Market Vectors Junior Gold Miners
ETF (NYSE: GDXJ ) was around 4.75% lower. The Global X Silver Miners ETF (NYSE:
SIL ) was more than 4.4% lower. Shares of gold miners were showing large morning
losses. Agnico-Eagle Mines (NYSE: AEM ) was some 2.8% lower. Barrick Gold Corp.
(NYSE: ABX ) was between 2.75% and 2.9% lower. Goldcorp (NYSE: GG ) was showing
losses of around 3.75%. Newmont Mining Corp. (NYSE: NEM ) was more than 2.1%
lower. NovaGold Resources (AMEX: NG ) was showing losses of almost 5% after
surging higher recently. Silver miners shares were getting pummeled. Coeur
dAlene Mines Corp. (NYSE: CDE ) was between 4.5% and 4.8% lower. Hecla Mining
(NYSE: HL ) was down around 6.3%. Pan American Silver Corp. (NASDAQ: PAAS ) was
some 3% lower. Silver Wheaton Corp. (NYSE: SLW ) was down around 4%. Silver
Standard Resources Inc. (NASDAQ: SSRI ) was down some 5.8%. As of this writing,
Andrew Burger did not hold a position in any of the aforementioned stocks.
weaker-than-expected reports on durable goods orders and personal spending
along with what was said to be the worst auction of 10-year German government
bonds in recent memory sent investors and traders running for safer havens.
Spot gold was some 0.92% lower around 10:20 a.m. Wednesday, while spot silver
was down 3.72%. Spot gold was bid at $1,683.70 per ounce with an ask price of
$1,684.70, having traded at a high of $1,696.60 and a low of $1,679.90. The
London afternoon reference price fixing was set at $1,681, according to Kitco
market data . Spot silver was bid at $31.55 per ounce with an ask price of
$31.65. The morning high as of time of writing was $31.95, and the low was
$31.36. Mondays reference price was set at $31.51 in the London a.m. Gold trusts
were down and the iShares Silver Trust (NYSE: SLV ) was sharply lower in the
run-up to the long Thanksgiving holiday weekend. The SPDR Gold Trust (NYSE: GLD
) was around 0.9% lower. The iShares Gold Trust (NYSE: IAU ) was nearly 1%
lower. The iShares Silver Trust was showing losses of more than 3.7%. Gold and
silver mining ETFs were heading south as well. The Market Vectors Gold Miners
ETF (NYSE: GDX ) was down more than 3%. The Market Vectors Junior Gold Miners
ETF (NYSE: GDXJ ) was around 4.75% lower. The Global X Silver Miners ETF (NYSE:
SIL ) was more than 4.4% lower. Shares of gold miners were showing large morning
losses. Agnico-Eagle Mines (NYSE: AEM ) was some 2.8% lower. Barrick Gold Corp.
(NYSE: ABX ) was between 2.75% and 2.9% lower. Goldcorp (NYSE: GG ) was showing
losses of around 3.75%. Newmont Mining Corp. (NYSE: NEM ) was more than 2.1%
lower. NovaGold Resources (AMEX: NG ) was showing losses of almost 5% after
surging higher recently. Silver miners shares were getting pummeled. Coeur
dAlene Mines Corp. (NYSE: CDE ) was between 4.5% and 4.8% lower. Hecla Mining
(NYSE: HL ) was down around 6.3%. Pan American Silver Corp. (NASDAQ: PAAS ) was
some 3% lower. Silver Wheaton Corp. (NYSE: SLW ) was down around 4%. Silver
Standard Resources Inc. (NASDAQ: SSRI ) was down some 5.8%. As of this writing,
Andrew Burger did not hold a position in any of the aforementioned stocks.
Todays Gold Price Per Ounce, Spot Gold Price per gram; Spot Silver price per ounce; Gold Silver Rates News Mid-Day
Gold price per ounce and silver price per ounce closed out with floor prices on
the positive side of break-even last session. The safe haven appeal of the two
precious metals remained attractive to global investors as the debt crisis
continues to play out globally. In addition to the negatively skewed debt crisis
developments, the GDP report in the U.S. posted weaker than expected yesterday
in the U.S. These actions pushed investors to side with safe havens through the
last trading day. Today, gold and silver price trends have fallen back. Prior to
opening bell this morning, spot gold price per gram trend-lines and spot silver
price per ounce trend-lines moved negatively. Manufacturing is down according to
the HSBC PMI report out of China. Weaker manufacturing data stemming from a
large consumer of metals means weaker trends for precious metal gold and silver.
As the trading session in the U.S. reached the mid-day mark, gold and silver
contract rates were dropping lower. Contract gold for December delivery was
negative at this point by 1.26 percent at 1681 per troy ounce. Silver contract
for December delivery was lower by 4.40 percent at 31.50 per troy ounce. Spot
gold per gram was lower by .53 at 54.20 and spot silver per ounce was lower by
1.36 at 31.59 at this point in the session. Camillo Zucari
the positive side of break-even last session. The safe haven appeal of the two
precious metals remained attractive to global investors as the debt crisis
continues to play out globally. In addition to the negatively skewed debt crisis
developments, the GDP report in the U.S. posted weaker than expected yesterday
in the U.S. These actions pushed investors to side with safe havens through the
last trading day. Today, gold and silver price trends have fallen back. Prior to
opening bell this morning, spot gold price per gram trend-lines and spot silver
price per ounce trend-lines moved negatively. Manufacturing is down according to
the HSBC PMI report out of China. Weaker manufacturing data stemming from a
large consumer of metals means weaker trends for precious metal gold and silver.
As the trading session in the U.S. reached the mid-day mark, gold and silver
contract rates were dropping lower. Contract gold for December delivery was
negative at this point by 1.26 percent at 1681 per troy ounce. Silver contract
for December delivery was lower by 4.40 percent at 31.50 per troy ounce. Spot
gold per gram was lower by .53 at 54.20 and spot silver per ounce was lower by
1.36 at 31.59 at this point in the session. Camillo Zucari
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