Gold and silver prices have both moved higher when viewed from a broad
perspective. The safe haven appeal of gold pushed it higher over the course of
the past year as the economies in the U.S. and the eurozone reveal various signs
of struggle. Gold pushed higher once again last week in response to the news
that the European Central Bank would move to inject money into the International
Monetary Fund. The eurozone countries are moving day by day through the
respective debt crisis. In contrast, the U.S. economy has received some better
than expected news recently. Retail sales during the holiday season have been
better-than-expected so far in the U.S. and future sales are expected to be
positive as well. Confidence in the current U.S. economy is improving and this
positively skewed action deflates the safe have appeal of gold a little for some
investors. As of the end of day close in the U.S., gold and silver price
trend-lines ended in the red. Gold contract for February delivery closed lower
by .96 percent at 1734.50 per troy ounce. Silver contract for March delivery
finished in the red by .96 percent at 32.37 per troy ounce. Spot gold price per
gram was lower by .88 at 55.29 and spot silver price per ounce was red by .53 at
32.10 after last session close. Camillo Zucari
Monday, December 5, 2011
Will Yahoo! Say ‘I Do’ to One of These Suitors?
Yahoo! Inc. (NASDAQ: YHOO ) is no stranger to being in the headlines,
particularly since September when talks of selling the troubled Internet company
started to heat up after the company let go of CEO Carol Bartz. Between
Blackstone (NYSE: BX ), Bain, Silver Lake, Alibaba, Softbank, Microsoft (NASDAQ:
MSFT ) and others, there seems to be a pretty good likelihood for a suitor to
emerge for Yahoo!. While share prices have rallied lately due to the chatter,
they are still trading well-below the $22 level where many anticipate the
bidding will begin. Technically, YHOO did hold the $14.80 level and seems poised
for an upside breakout above the recent highs at $16.70. Valuations remain
reasonable, so I like the risk/reward trade-off of 2 points of downside to the
$14.80 level versus 5 points of upside if a takeover play emerges. Remember,
trading is all about probabilities, not certainties (unless, of course, your
name is Raj Rajaratnam). That said, I think a deal may get done by June 2012,
with a target (takeout) price of $22. Based on YHOOs current market price of
$16.05 and using a target price of $22, a target date of June 1, 2012, and
$1,000 of investment capital,
particularly since September when talks of selling the troubled Internet company
started to heat up after the company let go of CEO Carol Bartz. Between
Blackstone (NYSE: BX ), Bain, Silver Lake, Alibaba, Softbank, Microsoft (NASDAQ:
MSFT ) and others, there seems to be a pretty good likelihood for a suitor to
emerge for Yahoo!. While share prices have rallied lately due to the chatter,
they are still trading well-below the $22 level where many anticipate the
bidding will begin. Technically, YHOO did hold the $14.80 level and seems poised
for an upside breakout above the recent highs at $16.70. Valuations remain
reasonable, so I like the risk/reward trade-off of 2 points of downside to the
$14.80 level versus 5 points of upside if a takeover play emerges. Remember,
trading is all about probabilities, not certainties (unless, of course, your
name is Raj Rajaratnam). That said, I think a deal may get done by June 2012,
with a target (takeout) price of $22. Based on YHOOs current market price of
$16.05 and using a target price of $22, a target date of June 1, 2012, and
$1,000 of investment capital,
Monday Apple Rumors: Apple Shares Its Technology With IBM, Nokia
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tdp2664 InvestorPlace Here are your Apple rumors and AAPL stock news items for Monday: Apple Licensed Technology to IBM, Nokia: The understanding amongst the tech companies of the world competing with Apple (NASDAQ: AAPL ) is that Apple technology is off-limits. If you want to get your hands on the company’s apps, you have to buy them like everyone else, and don’t think for a second that you can develop your own product by licensing Apple’s wares. Not going to happen. Except, it did happen. According to The Verge (via Apple Insider ), Apple actually licensed its touchscreen-based scrolling technology to IBM (NYSE: IBM ) and Nokia (NYSE: NOK ). The patent in question is cited among those Apple claims Samsung (PINK: SSNLF ) has infringed upon with its smartphones and tablets. It was from a filing in Apple’s case against Samsung that the licensing agreements came out. Apparently Apple offered the same licensing agreement to Samsung, which in turn declined the offer. Microsoft Takes on Siri With Kinect: Since debuting the Kinect in 2009, Microsoft (NASDAQ: MSFT ) has been promising that users of its Xbox-based voice- and motion-control device would be able to use it for watching TV. Until now, Kinect owners looking to watch TV on their Xboxes could navigate menus only with their hands, not with voice commands. Starting Tuesday, that finally will change . Microsoft CEO Steve Ballmer demoed the voice controlled TV navigation in September when he discussed the company’s broader plans for TV on the Xbox . Voice control for TV functionality in Kinect likely will be a feather in Microsoft’s cap when Apple releases a Siri voice control-equipped HDTV in 2012. Apple’s Grand Central Store Opens Friday: Just in time for the holidays, Apple is opening its new destination retail outlet in New York City’s most famous transit center. The new Grand Central Terminal Apple Store is opening on Friday, Dec. 9. The store will keep somewhat unusual hours during weekdays, opening at 7 a.m. to cater to early-morning commuters passing through the station. Apple is spending $1.1 million per year to rent the space. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
Weekend share tips : Rolls-Royce, Carillion, Balfour Beatty, Randgold Resources
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gol2664 Negocioenlinea Weekend share tips : Rolls-Royce, Carillion, Balfour Beatty, Randgold Resources ukcitymedia – 1 hour ago The Investors Chronicle Tips of the Week had a 'buy' for William Sinclair at 155p offering long-term value with a decent dividend yield. Buy WorldSpreads at 44p, said Investors Chronicle as it …
Top Oversold U.S.-Listed Chinese Stocks (Dec 05, 2011)
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tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the most oversold U.S.-listed Chinese stock on Dec. 05. It was down 8.6% on the day. SPRD's upside potential is 26.7% based on brokerage analysts' average target price of $30.58. It is trading at 80.5% of its 52-week high of $29.98, and 180.9% above its 52-week low of $8.59. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the second most oversold U.S.-listed Chinese stock on Dec. 05. It was down 4.0% on the day. JASO's upside potential is 87.1% based on brokerage analysts' average target price of $3.14. It is trading at 19.6% of its 52-week high of $8.57, and 20.0% above its 52-week low of $1.40. Renren Inc (NYSE:RENN) is the third most oversold U.S.-listed Chinese stock on Dec. 05. It was down 4.0% on the day. RENN's upside potential is 109.3% based on brokerage analysts' average target price of $7.62. It is trading at 15.2% of its 52-week high of $24.00, and 7.7% above its 52-week low of $3.38. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 3.9% on the day. QIHU's upside potential is 93.4% based on brokerage analysts' average target price of $34.07. It is trading at 48.7% of its 52-week high of $36.21, and 23.2% above its 52-week low of $14.30. SINA Corporation (USA) (NASDAQ:SINA) is the fifth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 3.2% on the day. SINA's upside potential is 58.8% based on brokerage analysts' average target price of $105.37. It is trading at 45.1% of its 52-week high of $147.12, and 18.4% above its 52-week low of $56.05. China Real Estate Information Corp (NASDAQ:CRIC) is the sixth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.9% on the day. CRIC's upside potential is 70.2% based on brokerage analysts' average target price of $8.05. It is trading at 47.8% of its 52-week high of $9.89, and 28.5% above its 52-week low of $3.68. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the seventh most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.9% on the day. EJ's upside potential is 89.2% based on brokerage analysts' average target price of $10.97. It is trading at 35.7% of its 52-week high of $16.25, and 16.0% above its 52-week low of $5.00. Shanda Games Limited(ADR) (NASDAQ:GAME) is the eighth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.8% on the day. GAME's upside potential is 54.7% based on brokerage analysts' average target price of $6.65. It is trading at 55.8% of its 52-week high of $7.70, and 24.3% above its 52-week low of $3.46. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the ninth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.6% on the day. VIT's upside potential is 68.9% based on brokerage analysts' average target price of $18.24. It is trading at 26.3% of its 52-week high of $41.06, and 74.5% above its 52-week low of $6.19. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 10th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.6% on the day. CTRP's upside potential is 71.9% 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. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 11th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.5% on the day. STP's upside potential is 73.8% based on brokerage analysts' average target price of $4.43. It is trading at 23.5% of its 52-week high of $10.83, and 50.0% above its 52-week low of $1.70. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) is the 12th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.1% on the day. CCSC's upside potential is 23.2% based on brokerage analysts' average target price of $12.12. It is trading at 35.3% of its 52-week high of $27.88, and 7.8% above its 52-week low of $9.13. Huaneng Power International, Inc. (ADR) (NYSE:HNP) is the 13th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.0% on the day. HNP's upside potential is 16.6% based on brokerage analysts' average target price of $23.32. It is trading at 83.5% of its 52-week high of $23.94, and 29.4% above its 52-week low of $15.45. CNinsure Inc. (ADR) (NASDAQ:CISG) is the 14th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.0% on the day. CISG's upside potential is 200.3% based on brokerage analysts' average target price of $20.36. It is trading at 32.5% of its 52-week high of $20.88, and 28.4% above its 52-week low of $5.28. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 15th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.5% on the day. AMAP's upside potential is 108.5% based on brokerage analysts' average target price of $22.83. It is trading at 54.2% of its 52-week high of $20.20, and 17.5% above its 52-week low of $9.32. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the 16th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on the day. HSFT's upside potential is 58.5% based on brokerage analysts' average target price of $18.16. It is trading at 33.7% of its 52-week high of $34.00, and 42.9% above its 52-week low of $8.02. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the 17th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on the day. SNDA's upside potential is -1.1% based on brokerage analysts' average target price of $39.66. It is trading at 73.9% of its 52-week high of $54.20, and 40.9% above its 52-week low of $28.44. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 18th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on the day. SCR's upside potential is 34.0% based on brokerage analysts' average target price of $9.98. It is trading at 54.2% of its 52-week high of $13.75, and 4.1% above its 52-week low of $7.16. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 19th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on the day. CYOU's upside potential is 69.5% based on brokerage analysts' average target price of $42.88. It is trading at 48.6% of its 52-week high of $52.00, and 22.1% above its 52-week low of $20.71. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 20th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.3% on the day. WX's upside potential is 58.6% based on brokerage analysts' average target price of $18.54. It is trading at 61.2% of its 52-week high of $19.10, and 6.8% above its 52-week low of $10.95.
The Gold Price Closed 0.9% Lower, Will The Supports Continue to Hold?
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DG365FD46564GFH654FU898 Gold Price Close Today : 1730.70 Change : (16.30) or -0.9% Silver Price Close Today : 3230.6 Change : (31.5) cents or -1.0% Gold Silver Ratio Today : 53.572 Change : 0.018 or 0.0% Silver Gold Ratio Today : 0.01867 Change : -0.000006 or 0.0% Platinum Price Close Today : 1520.70 Change : -27.00 or -1.7% Palladium Price Close Today : 631.85 Change : -10.65 or -1.7% S&P 500 : 1,257.08 Change : 12.80 or 1.0% Dow In GOLD$ : $144.50 Change : $ 2.29 or 1.6% Dow in GOLD oz : 6.990 Change : 0.111 or 1.6% Dow in SILVER oz : 374.48 Change : 6.02 or 1.6% Dow Industrial : 12,097.83 Change : 78.41 or 0.7% US Dollar Index : 78.61 Change : 0.038 or 0.0% The GOLD PRICE and SILVER PRICE took the biggest hit on the European news. Gold dropped $16.30 (0.9%) to $1,730.70 on Comex, while silver dropped 31.5c (1%) to close 3230.6c. All right, I’m going to crawl out on that limb. I think today’s drop in GOLD and SILVER was a mere reaction to the last few days’ highs, and that the bottom boundary of the triangle for silver (3150c) and of the trading channel for gold ($1,690 – $1,700) will hold. Plainly, if they break those supports, they will tank, but I think they will hold. At least, they did today, with silver posting a low at 3185c and gold at 1,717.67 (protecting that $1,720 support). But up or down, I have run my nose slam up against that wall again: what else can I trust but silver and gold? Government promises? The stock market, locked in a bear trend? Banks??! Banks, who’d as soon throw you out of the lifeboat into a swarm of chummed sharks as I would step on a bug? Mercy! I reckon I’ll take my chances with the GOLD and SILVER , and even if they drop 20 or 40%, I’ll still have ‘em where I can rub on ‘em to console myself. Y’all do what seemeth good to you, but I smell a trap, and I’m not going to wait around to make sure I’ve identified the right stench. To my chagrin I have neglected a subject, I just discovered last night. Oh, I knew it was going on, and always suspected that your wonderful government would pull it on y’all’s pension funds and IRAs, etc., but today it has drawn one step fearfully closer. I’m talking about government confiscating pension funds — y’all’s pension funds — to dig out of their debt swamp. Argentina did it a few years ago, Hungary last year, and Ireland is eyeing 24 bn euros in their National Pension Reserve fund right now. US government debt = $15 trillion. US pension fund assets = $16 trillion. Y’all see any similarity there? Anything click in your mind? Add to other precedents Portugal today, which transferred 5.6 bn euros of private pension funds to itself to meet its budget deficit. And somebody explain to me, in the face of all this precedents, how the US government (ever trustworthy) would not do the same? All that time folks have wasted worrying about gold being seized as it was in 1934 have been watching the front door of the house while the burglars were unloading the furniture through the back door. Y’all know I am no alarmist, and I reserve my most lip-curling contempt for all those Internet Chicken Littles who every day see the sky falling. This warning is nothing new with me. The government seized gold in 1934 for the same reason that Willie Sutton robbed banks: that’s where the money was. In 2011 the money isn’t there, it’s in pension assets, IRAs, 401(k)s, pensions, all the rest. For years when people have asked me what they should do with their IRAs, my threshold remark has been, “First, you have to decide if you want to continue in a partnership with the US government. Ownership has two parts, title and control. With your IRA or 401(k), you have title, but they have control. Yes, you will pay a penalty and tax to withdraw it, but how much is control, in your own hands, worth to you?” From long experience I know that not 1 out of 80 will choose to cash out his IRA, so powerful is the APPEARANCE that all the money is yours. ME, I don’t want any part of any partnership with the yankee government. I’ll take my licks AND my money, thank you very much. But I am nothing but a paranoid natural born fool from Tennessee. I will not, however, stand in the middle of the railroad tracks when an express train is barrelling down on me, driven by a maniac. Now y’all can put that IRA into silver and gold, but it is still in an IRA, and a trustee holds it, not you. If you simply MUST keep your IRA, then put it into physical silver or gold. But you ought to consider most earnestly, together with your spouse, which is more important, mere title to the IRA, or control. Sarcophagus of France and Ferkel of Germany met today and after lunch announced a list of recommendations for changes to the euro treaty, namely, automatic sanctions against deficit violating countries, debt limits written into member constitutions, and no more haircuts for creditors (save those holding Greek paper). Look deeply into it: this will established centralized budget oversight in Brussels. This is the nightmare turn, and most of all IT CONTAINS NO SOLUTION TO THE ALREADY UNPAYABLE DEBT. No solution, that is, except inflating it away, but thru the ECB rather than individual nations. Don’t let all those German protestations about not making the ECB lender of last resort. If they are going to pay all that unpayable Himalaya of debt, they can only inflate it away. All other explanations are mere carpeting for the barnyard. The European announcement shaved 79 basis points off the spread between Italian and German debt almost immediately. That indicates that a lot of investors took the bait. I remind you that even if all power is centralized in Brussels, the debt remains still too large to be paid. Investors have been suckered. Dow today gained 78.14 points (0.65%) to close at 12,097.83. Maybe that’s a case of buy the rumor, sell the news. S&P 500 closed up 12.8 (1.03%) at 1,257.08. My upper limit on the Dow is about 12,200. It’s at that wall now. I doubt it will climb it, but if y’all can’t accept that, then keep on trying to draw to that inside strait and keep holding those stocks. US Dollar index today went sideways, up 3.8 basis points, but important thing is that it remained above 78.50. Currency traders weren’t buying good news out of Europe. Euro gained 0.4% to 1.399, while the Yen closed up 0.19% at 128.54c/Y100 (Y77.8/$1). Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Top-Performing U.S.-Listed Chinese Stocks (Dec 05, 2011)
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tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Phoenix New Media Ltd ADR (NYSE:FENG) is the best-performing U.S.-listed Chinese stock on Dec. 05. It was up 12.1% on the day. FENG's upside potential is 49.6% based on brokerage analysts' average target price of $10.67. It is trading at 47.2% of its 52-week high of $15.09, and 69.8% above its 52-week low of $4.20. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the second best-performing U.S.-listed Chinese stock on Dec. 05. It was up 10.3% on the day. ISS's upside potential is 81.8% based on brokerage analysts' average target price of $17.20. It is trading at 41.8% of its 52-week high of $22.63, and 67.1% above its 52-week low of $5.66. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the third best-performing U.S.-listed Chinese stock on Dec. 05. It was up 8.6% on the day. PWRD's upside potential is 101.7% based on brokerage analysts' average target price of $24.00. It is trading at 40.9% of its 52-week high of $29.10, and 32.2% above its 52-week low of $9.00. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fourth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 8.2% on the day. LDK's upside potential is 10.0% based on brokerage analysts' average target price of $4.48. It is trading at 27.2% of its 52-week high of $14.97, and 59.6% above its 52-week low of $2.55. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the fifth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 5.6% on the day. SVN's upside potential is 65.5% based on brokerage analysts' average target price of $24.03. It is trading at 57.1% of its 52-week high of $25.44, and 20.8% above its 52-week low of $12.02. Giant Interactive Group Inc (ADR) (NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 5.4% on the day. GA's upside potential is 71.9% based on brokerage analysts' average target price of $6.98. It is trading at 43.0% of its 52-week high of $9.45, and 34.4% above its 52-week low of $3.02. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the seventh best-performing U.S.-listed Chinese stock on Dec. 05. It was up 5.1% on the day. FMCN's upside potential is 92.0% based on brokerage analysts' average target price of $40.23. It is trading at 55.7% of its 52-week high of $37.58, and 138.3% above its 52-week low of $8.79. Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is the eighth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.5% on the day. HMIN's upside potential is 44.3% based on brokerage analysts' average target price of $47.69. It is trading at 69.3% of its 52-week high of $47.69, and 49.6% above its 52-week low of $22.09. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the ninth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day. DANG's upside potential is 104.4% based on brokerage analysts' average target price of $9.83. It is trading at 13.2% of its 52-week high of $36.40, and 10.3% above its 52-week low of $4.36. CNOOC Limited (ADR) (NYSE:CEO) is the 10th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day. CEO's upside potential is 11.6% based on brokerage analysts' average target price of $221.93. It is trading at 73.1% of its 52-week high of $271.94, and 40.8% above its 52-week low of $141.27. Sohu.com Inc. (NASDAQ:SOHU) is the 11th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day. SOHU's upside potential is 49.0% based on brokerage analysts' average target price of $78.38. It is trading at 48.1% of its 52-week high of $109.37, and 13.5% above its 52-week low of $46.35. Seaspan Corporation (NYSE:SSW) is the 12th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.0% on the day. SSW's upside potential is 66.4% based on brokerage analysts' average target price of $18.00. It is trading at 50.7% of its 52-week high of $21.33, and 6.0% above its 52-week low of $10.21. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 13th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.0% on the day. EDU's upside potential is 37.4% based on brokerage analysts' average target price of $35.30. It is trading at 73.9% of its 52-week high of $34.77, and 24.6% above its 52-week low of $20.61. Youku.com Inc (ADR) (NYSE:YOKU) is the 14th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.6% on the day. YOKU's upside potential is 42.6% based on brokerage analysts' average target price of $29.14. It is trading at 29.2% of its 52-week high of $69.95, and 48.5% above its 52-week low of $13.76. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 15th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.5% on the day. JOBS's upside potential is 39.0% based on brokerage analysts' average target price of $64.50. It is trading at 66.5% of its 52-week high of $69.80, and 26.7% above its 52-week low of $36.62. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 16th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.2% on the day. AMBO's upside potential is 13.4% based on brokerage analysts' average target price of $8.00. It is trading at 49.0% of its 52-week high of $14.40, and 54.6% above its 52-week low of $4.56. Trina Solar Limited (ADR) (NYSE:TSL) is the 17th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.0% on the day. TSL's upside potential is 58.0% based on brokerage analysts' average target price of $13.07. It is trading at 26.6% of its 52-week high of $31.08, and 56.6% above its 52-week low of $5.28. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 18th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 1.9% on the day. HTHT's upside potential is 52.8% based on brokerage analysts' average target price of $21.82. It is trading at 58.4% of its 52-week high of $24.47, and 19.0% above its 52-week low of $12.00. TAL Education Group (ADR) (NYSE:XRS) is the 19th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 1.9% on the day. XRS's upside potential is 52.3% based on brokerage analysts' average target price of $15.43. It is trading at 60.3% of its 52-week high of $16.80, and 20.5% above its 52-week low of $8.41. Mindray Medical International Ltd (ADR) (NYSE:MR) is the 20th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 1.8% on the day. MR's upside potential is 11.9% based on brokerage analysts' average target price of $31.13. It is trading at 89.2% of its 52-week high of $31.21, and 31.0% above its 52-week low of $21.25.
Top Oversold U.S.-Listed Chinese Stocks (Dec 05, 2011)
Below are the latest oversold U.S.-listed Chinese stocks. Spreadtrum
Communications, Inc (ADR) (NASDAQ:SPRD) is the most oversold U.S.-listed Chinese
stock on Dec. 05. It was down 8.6% on the day. SPRDs upside potential is 26.7%
based on brokerage analysts average target price of $30.58. It is trading at
80.5% of its 52-week high of $29.98, and 180.9% above its 52-week low of $8.59.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the second most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 4.0% on the day. JASOs upside
potential is 87.1% based on brokerage analysts average target price of $3.14. It
is trading at 19.6% of its 52-week high of $8.57, and 20.0% above its 52-week
low of $1.40. Renren Inc (NYSE:RENN) is the third most oversold U.S.-listed
Chinese stock on Dec. 05. It was down 4.0% on the day. RENNs upside potential is
109.3% based on brokerage analysts average target price of $7.62. It is trading
at 15.2% of its 52-week high of $24.00, and 7.7% above its 52-week low of $3.38.
Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth most oversold U.S.-listed
Chinese stock on Dec. 05. It was down 3.9% on the day. QIHUs upside potential is
93.4% based on brokerage analysts average target price of $34.07. It is trading
at 48.7% of its 52-week high of $36.21, and 23.2% above its 52-week low of
$14.30. SINA Corporation (USA) (NASDAQ:SINA) is the fifth most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 3.2% on the day. SINAs upside
potential is 58.8% based on brokerage analysts average target price of $105.37.
It is trading at 45.1% of its 52-week high of $147.12, and 18.4% above its
52-week low of $56.05. China Real Estate Information Corp (NASDAQ:CRIC) is the
sixth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.9% on
the day. CRICs upside potential is 70.2% based on brokerage analysts average
target price of $8.05. It is trading at 47.8% of its 52-week high of $9.89, and
28.5% above its 52-week low of $3.68. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) is the seventh most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 1.9% on the day. EJs upside potential is 89.2% based on brokerage
analysts average target price of $10.97. It is trading at 35.7% of its 52-week
high of $16.25, and 16.0% above its 52-week low of $5.00. Shanda Games
Limited(ADR) (NASDAQ:GAME) is the eighth most oversold U.S.-listed Chinese stock
on Dec. 05. It was down 1.8% on the day. GAMEs upside potential is 54.7% based
on brokerage analysts average target price of $6.65. It is trading at 55.8% of
its 52-week high of $7.70, and 24.3% above its 52-week low of $3.46. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the ninth most oversold U.S.-listed Chinese
stock on Dec. 05. It was down 1.6% on the day. VITs upside potential is 68.9%
based on brokerage analysts average target price of $18.24. It is trading at
26.3% of its 52-week high of $41.06, and 74.5% above its 52-week low of $6.19.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 10th most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 1.6% on the day. CTRPs upside
potential is 71.9% 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. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 11th
most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.5% on the day.
STPs upside potential is 73.8% based on brokerage analysts average target price
of $4.43. It is trading at 23.5% of its 52-week high of $10.83, and 50.0% above
its 52-week low of $1.70. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC)
is the 12th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.1%
on the day. CCSCs upside potential is 23.2% based on brokerage analysts average
target price of $12.12. It is trading at 35.3% of its 52-week high of $27.88,
and 7.8% above its 52-week low of $9.13. Huaneng Power International, Inc. (ADR)
(NYSE:HNP) is the 13th most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 1.0% on the day. HNPs upside potential is 16.6% based on brokerage
analysts average target price of $23.32. It is trading at 83.5% of its 52-week
high of $23.94, and 29.4% above its 52-week low of $15.45. CNinsure Inc. (ADR)
(NASDAQ:CISG) is the 14th most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 1.0% on the day. CISGs upside potential is 200.3% based on brokerage
analysts average target price of $20.36. It is trading at 32.5% of its 52-week
high of $20.88, and 28.4% above its 52-week low of $5.28. AutoNavi Holdings Ltd
(ADR) (NASDAQ:AMAP) is the 15th most oversold U.S.-listed Chinese stock on Dec.
05. It was down 0.5% on the day. AMAPs upside potential is 108.5% based on
brokerage analysts average target price of $22.83. It is trading at 54.2% of its
52-week high of $20.20, and 17.5% above its 52-week low of $9.32. HiSoft
Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the 16th most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on the day. HSFTs upside
potential is 58.5% based on brokerage analysts average target price of $18.16.
It is trading at 33.7% of its 52-week high of $34.00, and 42.9% above its
52-week low of $8.02. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is
the 17th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on
the day. SNDAs upside potential is -1.1% based on brokerage analysts average
target price of $39.66. It is trading at 73.9% of its 52-week high of $54.20,
and 40.9% above its 52-week low of $28.44. Simcere Pharmaceutical Group (ADR)
(NYSE:SCR) is the 18th most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 0.4% on the day. SCRs upside potential is 34.0% based on brokerage
analysts average target price of $9.98. It is trading at 54.2% of its 52-week
high of $13.75, and 4.1% above its 52-week low of $7.16. Changyou.com
Limited(ADR) (NASDAQ:CYOU) is the 19th most oversold U.S.-listed Chinese stock
on Dec. 05. It was down 0.4% on the day. CYOUs upside potential is 69.5% based
on brokerage analysts average target price of $42.88. It is trading at 48.6% of
its 52-week high of $52.00, and 22.1% above its 52-week low of $20.71. WuXi
PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 20th most oversold U.S.-listed
Chinese stock on Dec. 05. It was down 0.3% on the day. WXs upside potential is
58.6% based on brokerage analysts average target price of $18.54. It is trading
at 61.2% of its 52-week high of $19.10, and 6.8% above its 52-week low of
$10.95.
Communications, Inc (ADR) (NASDAQ:SPRD) is the most oversold U.S.-listed Chinese
stock on Dec. 05. It was down 8.6% on the day. SPRDs upside potential is 26.7%
based on brokerage analysts average target price of $30.58. It is trading at
80.5% of its 52-week high of $29.98, and 180.9% above its 52-week low of $8.59.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the second most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 4.0% on the day. JASOs upside
potential is 87.1% based on brokerage analysts average target price of $3.14. It
is trading at 19.6% of its 52-week high of $8.57, and 20.0% above its 52-week
low of $1.40. Renren Inc (NYSE:RENN) is the third most oversold U.S.-listed
Chinese stock on Dec. 05. It was down 4.0% on the day. RENNs upside potential is
109.3% based on brokerage analysts average target price of $7.62. It is trading
at 15.2% of its 52-week high of $24.00, and 7.7% above its 52-week low of $3.38.
Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth most oversold U.S.-listed
Chinese stock on Dec. 05. It was down 3.9% on the day. QIHUs upside potential is
93.4% based on brokerage analysts average target price of $34.07. It is trading
at 48.7% of its 52-week high of $36.21, and 23.2% above its 52-week low of
$14.30. SINA Corporation (USA) (NASDAQ:SINA) is the fifth most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 3.2% on the day. SINAs upside
potential is 58.8% based on brokerage analysts average target price of $105.37.
It is trading at 45.1% of its 52-week high of $147.12, and 18.4% above its
52-week low of $56.05. China Real Estate Information Corp (NASDAQ:CRIC) is the
sixth most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.9% on
the day. CRICs upside potential is 70.2% based on brokerage analysts average
target price of $8.05. It is trading at 47.8% of its 52-week high of $9.89, and
28.5% above its 52-week low of $3.68. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) is the seventh most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 1.9% on the day. EJs upside potential is 89.2% based on brokerage
analysts average target price of $10.97. It is trading at 35.7% of its 52-week
high of $16.25, and 16.0% above its 52-week low of $5.00. Shanda Games
Limited(ADR) (NASDAQ:GAME) is the eighth most oversold U.S.-listed Chinese stock
on Dec. 05. It was down 1.8% on the day. GAMEs upside potential is 54.7% based
on brokerage analysts average target price of $6.65. It is trading at 55.8% of
its 52-week high of $7.70, and 24.3% above its 52-week low of $3.46. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the ninth most oversold U.S.-listed Chinese
stock on Dec. 05. It was down 1.6% on the day. VITs upside potential is 68.9%
based on brokerage analysts average target price of $18.24. It is trading at
26.3% of its 52-week high of $41.06, and 74.5% above its 52-week low of $6.19.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 10th most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 1.6% on the day. CTRPs upside
potential is 71.9% 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. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 11th
most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.5% on the day.
STPs upside potential is 73.8% based on brokerage analysts average target price
of $4.43. It is trading at 23.5% of its 52-week high of $10.83, and 50.0% above
its 52-week low of $1.70. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC)
is the 12th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 1.1%
on the day. CCSCs upside potential is 23.2% based on brokerage analysts average
target price of $12.12. It is trading at 35.3% of its 52-week high of $27.88,
and 7.8% above its 52-week low of $9.13. Huaneng Power International, Inc. (ADR)
(NYSE:HNP) is the 13th most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 1.0% on the day. HNPs upside potential is 16.6% based on brokerage
analysts average target price of $23.32. It is trading at 83.5% of its 52-week
high of $23.94, and 29.4% above its 52-week low of $15.45. CNinsure Inc. (ADR)
(NASDAQ:CISG) is the 14th most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 1.0% on the day. CISGs upside potential is 200.3% based on brokerage
analysts average target price of $20.36. It is trading at 32.5% of its 52-week
high of $20.88, and 28.4% above its 52-week low of $5.28. AutoNavi Holdings Ltd
(ADR) (NASDAQ:AMAP) is the 15th most oversold U.S.-listed Chinese stock on Dec.
05. It was down 0.5% on the day. AMAPs upside potential is 108.5% based on
brokerage analysts average target price of $22.83. It is trading at 54.2% of its
52-week high of $20.20, and 17.5% above its 52-week low of $9.32. HiSoft
Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the 16th most oversold
U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on the day. HSFTs upside
potential is 58.5% based on brokerage analysts average target price of $18.16.
It is trading at 33.7% of its 52-week high of $34.00, and 42.9% above its
52-week low of $8.02. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is
the 17th most oversold U.S.-listed Chinese stock on Dec. 05. It was down 0.4% on
the day. SNDAs upside potential is -1.1% based on brokerage analysts average
target price of $39.66. It is trading at 73.9% of its 52-week high of $54.20,
and 40.9% above its 52-week low of $28.44. Simcere Pharmaceutical Group (ADR)
(NYSE:SCR) is the 18th most oversold U.S.-listed Chinese stock on Dec. 05. It
was down 0.4% on the day. SCRs upside potential is 34.0% based on brokerage
analysts average target price of $9.98. It is trading at 54.2% of its 52-week
high of $13.75, and 4.1% above its 52-week low of $7.16. Changyou.com
Limited(ADR) (NASDAQ:CYOU) is the 19th most oversold U.S.-listed Chinese stock
on Dec. 05. It was down 0.4% on the day. CYOUs upside potential is 69.5% based
on brokerage analysts average target price of $42.88. It is trading at 48.6% of
its 52-week high of $52.00, and 22.1% above its 52-week low of $20.71. WuXi
PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 20th most oversold U.S.-listed
Chinese stock on Dec. 05. It was down 0.3% on the day. WXs upside potential is
58.6% based on brokerage analysts average target price of $18.54. It is trading
at 61.2% of its 52-week high of $19.10, and 6.8% above its 52-week low of
$10.95.
Top-Performing U.S.-Listed Chinese Stocks (Dec 05, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Phoenix New
Media Ltd ADR (NYSE:FENG) is the best-performing U.S.-listed Chinese stock on
Dec. 05. It was up 12.1% on the day. FENGs upside potential is 49.6% based on
brokerage analysts average target price of $10.67. It is trading at 47.2% of its
52-week high of $15.09, and 69.8% above its 52-week low of $4.20. iSoftStone
Holdings Ltd (ADR) (NYSE:ISS) is the second best-performing U.S.-listed Chinese
stock on Dec. 05. It was up 10.3% on the day. ISSs upside potential is 81.8%
based on brokerage analysts average target price of $17.20. It is trading at
41.8% of its 52-week high of $22.63, and 67.1% above its 52-week low of $5.66.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the third best-performing
U.S.-listed Chinese stock on Dec. 05. It was up 8.6% on the day. PWRDs upside
potential is 101.7% based on brokerage analysts average target price of $24.00.
It is trading at 40.9% of its 52-week high of $29.10, and 32.2% above its
52-week low of $9.00. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fourth
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 8.2% on the day.
LDKs upside potential is 10.0% based on brokerage analysts average target price
of $4.48. It is trading at 27.2% of its 52-week high of $14.97, and 59.6% above
its 52-week low of $2.55. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the
fifth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 5.6% on
the day. SVNs upside potential is 65.5% based on brokerage analysts average
target price of $24.03. It is trading at 57.1% of its 52-week high of $25.44,
and 20.8% above its 52-week low of $12.02. Giant Interactive Group Inc (ADR)
(NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Dec. 05. It
was up 5.4% on the day. GAs upside potential is 71.9% based on brokerage
analysts average target price of $6.98. It is trading at 43.0% of its 52-week
high of $9.45, and 34.4% above its 52-week low of $3.02. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the seventh best-performing U.S.-listed Chinese
stock on Dec. 05. It was up 5.1% on the day. FMCNs upside potential is 92.0%
based on brokerage analysts average target price of $40.23. It is trading at
55.7% of its 52-week high of $37.58, and 138.3% above its 52-week low of $8.79.
Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is the eighth
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.5% on the day.
HMINs upside potential is 44.3% based on brokerage analysts average target price
of $47.69. It is trading at 69.3% of its 52-week high of $47.69, and 49.6% above
its 52-week low of $22.09. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is
the ninth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2%
on the day. DANGs upside potential is 104.4% based on brokerage analysts average
target price of $9.83. It is trading at 13.2% of its 52-week high of $36.40, and
10.3% above its 52-week low of $4.36. CNOOC Limited (ADR) (NYSE:CEO) is the 10th
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day.
CEOs upside potential is 11.6% based on brokerage analysts average target price
of $221.93. It is trading at 73.1% of its 52-week high of $271.94, and 40.8%
above its 52-week low of $141.27. Sohu.com Inc. (NASDAQ:SOHU) is the 11th
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day.
SOHUs upside potential is 49.0% based on brokerage analysts average target price
of $78.38. It is trading at 48.1% of its 52-week high of $109.37, and 13.5%
above its 52-week low of $46.35. Seaspan Corporation (NYSE:SSW) is the 12th
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.0% on the day.
SSWs upside potential is 66.4% based on brokerage analysts average target price
of $18.00. It is trading at 50.7% of its 52-week high of $21.33, and 6.0% above
its 52-week low of $10.21. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is
the 13th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.0% on
the day. EDUs upside potential is 37.4% based on brokerage analysts average
target price of $35.30. It is trading at 73.9% of its 52-week high of $34.77,
and 24.6% above its 52-week low of $20.61. Youku.com Inc (ADR) (NYSE:YOKU) is
the 14th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.6% on
the day. YOKUs upside potential is 42.6% based on brokerage analysts average
target price of $29.14. It is trading at 29.2% of its 52-week high of $69.95,
and 48.5% above its 52-week low of $13.76. 51job, Inc. (ADR) (NASDAQ:JOBS) is
the 15th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.5% on
the day. JOBSs upside potential is 39.0% based on brokerage analysts average
target price of $64.50. It is trading at 66.5% of its 52-week high of $69.80,
and 26.7% above its 52-week low of $36.62. Ambow Education Holding Ltd (ADR)
(NYSE:AMBO) is the 16th best-performing U.S.-listed Chinese stock on Dec. 05. It
was up 2.2% on the day. AMBOs upside potential is 13.4% based on brokerage
analysts average target price of $8.00. It is trading at 49.0% of its 52-week
high of $14.40, and 54.6% above its 52-week low of $4.56. Trina Solar Limited
(ADR) (NYSE:TSL) is the 17th best-performing U.S.-listed Chinese stock on Dec.
05. It was up 2.0% on the day. TSLs upside potential is 58.0% based on brokerage
analysts average target price of $13.07. It is trading at 26.6% of its 52-week
high of $31.08, and 56.6% above its 52-week low of $5.28. China Lodging Group,
Ltd (ADR) (NASDAQ:HTHT) is the 18th best-performing U.S.-listed Chinese stock on
Dec. 05. It was up 1.9% on the day. HTHTs upside potential is 52.8% based on
brokerage analysts average target price of $21.82. It is trading at 58.4% of its
52-week high of $24.47, and 19.0% above its 52-week low of $12.00. TAL Education
Group (ADR) (NYSE:XRS) is the 19th best-performing U.S.-listed Chinese stock on
Dec. 05. It was up 1.9% on the day. XRSs upside potential is 52.3% based on
brokerage analysts average target price of $15.43. It is trading at 60.3% of its
52-week high of $16.80, and 20.5% above its 52-week low of $8.41. Mindray
Medical International Ltd (ADR) (NYSE:MR) is the 20th best-performing
U.S.-listed Chinese stock on Dec. 05. It was up 1.8% on the day. MRs upside
potential is 11.9% based on brokerage analysts average target price of $31.13.
It is trading at 89.2% of its 52-week high of $31.21, and 31.0% above its
52-week low of $21.25.
Media Ltd ADR (NYSE:FENG) is the best-performing U.S.-listed Chinese stock on
Dec. 05. It was up 12.1% on the day. FENGs upside potential is 49.6% based on
brokerage analysts average target price of $10.67. It is trading at 47.2% of its
52-week high of $15.09, and 69.8% above its 52-week low of $4.20. iSoftStone
Holdings Ltd (ADR) (NYSE:ISS) is the second best-performing U.S.-listed Chinese
stock on Dec. 05. It was up 10.3% on the day. ISSs upside potential is 81.8%
based on brokerage analysts average target price of $17.20. It is trading at
41.8% of its 52-week high of $22.63, and 67.1% above its 52-week low of $5.66.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the third best-performing
U.S.-listed Chinese stock on Dec. 05. It was up 8.6% on the day. PWRDs upside
potential is 101.7% based on brokerage analysts average target price of $24.00.
It is trading at 40.9% of its 52-week high of $29.10, and 32.2% above its
52-week low of $9.00. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fourth
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 8.2% on the day.
LDKs upside potential is 10.0% based on brokerage analysts average target price
of $4.48. It is trading at 27.2% of its 52-week high of $14.97, and 59.6% above
its 52-week low of $2.55. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the
fifth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 5.6% on
the day. SVNs upside potential is 65.5% based on brokerage analysts average
target price of $24.03. It is trading at 57.1% of its 52-week high of $25.44,
and 20.8% above its 52-week low of $12.02. Giant Interactive Group Inc (ADR)
(NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Dec. 05. It
was up 5.4% on the day. GAs upside potential is 71.9% based on brokerage
analysts average target price of $6.98. It is trading at 43.0% of its 52-week
high of $9.45, and 34.4% above its 52-week low of $3.02. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the seventh best-performing U.S.-listed Chinese
stock on Dec. 05. It was up 5.1% on the day. FMCNs upside potential is 92.0%
based on brokerage analysts average target price of $40.23. It is trading at
55.7% of its 52-week high of $37.58, and 138.3% above its 52-week low of $8.79.
Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is the eighth
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.5% on the day.
HMINs upside potential is 44.3% based on brokerage analysts average target price
of $47.69. It is trading at 69.3% of its 52-week high of $47.69, and 49.6% above
its 52-week low of $22.09. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is
the ninth best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2%
on the day. DANGs upside potential is 104.4% based on brokerage analysts average
target price of $9.83. It is trading at 13.2% of its 52-week high of $36.40, and
10.3% above its 52-week low of $4.36. CNOOC Limited (ADR) (NYSE:CEO) is the 10th
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day.
CEOs upside potential is 11.6% based on brokerage analysts average target price
of $221.93. It is trading at 73.1% of its 52-week high of $271.94, and 40.8%
above its 52-week low of $141.27. Sohu.com Inc. (NASDAQ:SOHU) is the 11th
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.2% on the day.
SOHUs upside potential is 49.0% based on brokerage analysts average target price
of $78.38. It is trading at 48.1% of its 52-week high of $109.37, and 13.5%
above its 52-week low of $46.35. Seaspan Corporation (NYSE:SSW) is the 12th
best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.0% on the day.
SSWs upside potential is 66.4% based on brokerage analysts average target price
of $18.00. It is trading at 50.7% of its 52-week high of $21.33, and 6.0% above
its 52-week low of $10.21. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is
the 13th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 3.0% on
the day. EDUs upside potential is 37.4% based on brokerage analysts average
target price of $35.30. It is trading at 73.9% of its 52-week high of $34.77,
and 24.6% above its 52-week low of $20.61. Youku.com Inc (ADR) (NYSE:YOKU) is
the 14th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.6% on
the day. YOKUs upside potential is 42.6% based on brokerage analysts average
target price of $29.14. It is trading at 29.2% of its 52-week high of $69.95,
and 48.5% above its 52-week low of $13.76. 51job, Inc. (ADR) (NASDAQ:JOBS) is
the 15th best-performing U.S.-listed Chinese stock on Dec. 05. It was up 2.5% on
the day. JOBSs upside potential is 39.0% based on brokerage analysts average
target price of $64.50. It is trading at 66.5% of its 52-week high of $69.80,
and 26.7% above its 52-week low of $36.62. Ambow Education Holding Ltd (ADR)
(NYSE:AMBO) is the 16th best-performing U.S.-listed Chinese stock on Dec. 05. It
was up 2.2% on the day. AMBOs upside potential is 13.4% based on brokerage
analysts average target price of $8.00. It is trading at 49.0% of its 52-week
high of $14.40, and 54.6% above its 52-week low of $4.56. Trina Solar Limited
(ADR) (NYSE:TSL) is the 17th best-performing U.S.-listed Chinese stock on Dec.
05. It was up 2.0% on the day. TSLs upside potential is 58.0% based on brokerage
analysts average target price of $13.07. It is trading at 26.6% of its 52-week
high of $31.08, and 56.6% above its 52-week low of $5.28. China Lodging Group,
Ltd (ADR) (NASDAQ:HTHT) is the 18th best-performing U.S.-listed Chinese stock on
Dec. 05. It was up 1.9% on the day. HTHTs upside potential is 52.8% based on
brokerage analysts average target price of $21.82. It is trading at 58.4% of its
52-week high of $24.47, and 19.0% above its 52-week low of $12.00. TAL Education
Group (ADR) (NYSE:XRS) is the 19th best-performing U.S.-listed Chinese stock on
Dec. 05. It was up 1.9% on the day. XRSs upside potential is 52.3% based on
brokerage analysts average target price of $15.43. It is trading at 60.3% of its
52-week high of $16.80, and 20.5% above its 52-week low of $8.41. Mindray
Medical International Ltd (ADR) (NYSE:MR) is the 20th best-performing
U.S.-listed Chinese stock on Dec. 05. It was up 1.8% on the day. MRs upside
potential is 11.9% based on brokerage analysts average target price of $31.13.
It is trading at 89.2% of its 52-week high of $31.21, and 31.0% above its
52-week low of $21.25.
Gold Softens, Miners Up as Merkel, Sarkozy Meet in Paris
Stock markets popped higher at the open Monday morning, but gold was flat to
slightly down as traders and investors took some profits after last weeks strong
rally. Optimism grew that the 27-nation European Union, or at least the
17-member euro zone, would follow the lead of Germany and France and agree to a
new treaty that would include sanctions against members that violate fiscal and
monetary constraints being discussed by German Chancellor Angela Merkel and
French President Nicolas Sarkozy in Paris. Spot gold was slightly down early
Monday, with a bid price of $1,743.70 per ounce and an ask price of 1,744.70 at
10:15 a.m., having traded as high as $1,748.50 and as low as $1,729.10. The
London morning reference price fixing came in at $1,744, $7 per ounce lower than
Fridays reference fix, according to Kitco market data . Spot silver was up
0.67%, bid at $32.86 per ounce with an ask price of $32.96. The morning high as
of time of writing was $33.10 and the low was $32.46. Mondays reference price
was set at $32.48 in the London a.m. Turning to stock exchange trading, gold
trusts were lower, but the iShares Silver Trust (NYSE: SLV ) was moving up. The
SPDR Gold Trust (NYSE: GLD ) was showing losses of some 0.15%. The iShares Gold
Trust (NYSE: IAU ) was down some 0.1%. The iShares Silver Trust was moving
higher, showing gains of about 1.3%. Gold and silver mining ETFs were sharply
higher. The Market Vectors Gold Miners ETF (NYSE: GDX ) was up around 2.1%. The
Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was up about 2.2%. The
Global X Silver Miners ETF (NYSE: SIL ) had gained nearly 2%. Gold mining shares
were moving higher. Agnico-Eagle Mines (NYSE: AEM ) was showing gains of around
1.9%. Barrick Gold Corp. (NYSE: ABX ) was more than 0.8% higher. Goldcorp (NYSE:
GG ) was showing gains of about 1.75%. Newmont Mining Corp. (NYSE: NEM ) was
around 1.1% higher. NovaGold Resources (AMEX: NG ) was up some 2.4%. Silver
mining shares were up sharply. Coeur dAlene Mines Corp. (NYSE: CDE ) was moving
about 2.7% higher. Hecla Mining (NYSE: HL ) was up around 3%. Pan American
Silver Corp. (NASDAQ: PAAS ) was nearly 2.8% higher. Silver Wheaton Corp. (NYSE:
SLW ) was up about 2.2%. Silver Standard Resources Inc. (NASDAQ: SSRI ) was up
nearly 3%. As of this writing, Andrew Burger did not hold a position in any of
the aforementioned stocks.
slightly down as traders and investors took some profits after last weeks strong
rally. Optimism grew that the 27-nation European Union, or at least the
17-member euro zone, would follow the lead of Germany and France and agree to a
new treaty that would include sanctions against members that violate fiscal and
monetary constraints being discussed by German Chancellor Angela Merkel and
French President Nicolas Sarkozy in Paris. Spot gold was slightly down early
Monday, with a bid price of $1,743.70 per ounce and an ask price of 1,744.70 at
10:15 a.m., having traded as high as $1,748.50 and as low as $1,729.10. The
London morning reference price fixing came in at $1,744, $7 per ounce lower than
Fridays reference fix, according to Kitco market data . Spot silver was up
0.67%, bid at $32.86 per ounce with an ask price of $32.96. The morning high as
of time of writing was $33.10 and the low was $32.46. Mondays reference price
was set at $32.48 in the London a.m. Turning to stock exchange trading, gold
trusts were lower, but the iShares Silver Trust (NYSE: SLV ) was moving up. The
SPDR Gold Trust (NYSE: GLD ) was showing losses of some 0.15%. The iShares Gold
Trust (NYSE: IAU ) was down some 0.1%. The iShares Silver Trust was moving
higher, showing gains of about 1.3%. Gold and silver mining ETFs were sharply
higher. The Market Vectors Gold Miners ETF (NYSE: GDX ) was up around 2.1%. The
Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was up about 2.2%. The
Global X Silver Miners ETF (NYSE: SIL ) had gained nearly 2%. Gold mining shares
were moving higher. Agnico-Eagle Mines (NYSE: AEM ) was showing gains of around
1.9%. Barrick Gold Corp. (NYSE: ABX ) was more than 0.8% higher. Goldcorp (NYSE:
GG ) was showing gains of about 1.75%. Newmont Mining Corp. (NYSE: NEM ) was
around 1.1% higher. NovaGold Resources (AMEX: NG ) was up some 2.4%. Silver
mining shares were up sharply. Coeur dAlene Mines Corp. (NYSE: CDE ) was moving
about 2.7% higher. Hecla Mining (NYSE: HL ) was up around 3%. Pan American
Silver Corp. (NASDAQ: PAAS ) was nearly 2.8% higher. Silver Wheaton Corp. (NYSE:
SLW ) was up about 2.2%. Silver Standard Resources Inc. (NASDAQ: SSRI ) was up
nearly 3%. As of this writing, Andrew Burger did not hold a position in any of
the aforementioned stocks.
Best 401(k) Mutual Funds for 2012
As Americans look back at 2011 and look ahead to 2012, many are wondering what
to do about their 401(k) retirement accounts and mutual fund investments. After
a year like this one with lots of short-term fireworks but little overall gains
for the market it seems harder than ever to plot a way to get ahead with your
401(k) mutual funds. Thankfully, you can still find opportunities even in a
choppy stock market. You just have to know where to look. Here are the facts:
Many widely held mutual funds will never do anything other than track the market
because they're tied to an index like the Dow Jones Industrials or S&P 500,
and chalk up returns in kind. On the other hand, active managers often do even
worse than the major indices. A parade of studies and statistics show that the
average returns of mutual fund managers lag about one percentage point behind
the stock market index that most closely resembles their strategy. That means to
get ahead, you either have to pick a better index to follow or a better manager
to run your 401(k) funds. With this in mind, here are the 10 best mutual funds
to consider for 2012, with two picks each across five distinct investment
classes: blue-chip stocks, midsize stocks, small stocks, global investments and
bonds.
to do about their 401(k) retirement accounts and mutual fund investments. After
a year like this one with lots of short-term fireworks but little overall gains
for the market it seems harder than ever to plot a way to get ahead with your
401(k) mutual funds. Thankfully, you can still find opportunities even in a
choppy stock market. You just have to know where to look. Here are the facts:
Many widely held mutual funds will never do anything other than track the market
because they're tied to an index like the Dow Jones Industrials or S&P 500,
and chalk up returns in kind. On the other hand, active managers often do even
worse than the major indices. A parade of studies and statistics show that the
average returns of mutual fund managers lag about one percentage point behind
the stock market index that most closely resembles their strategy. That means to
get ahead, you either have to pick a better index to follow or a better manager
to run your 401(k) funds. With this in mind, here are the 10 best mutual funds
to consider for 2012, with two picks each across five distinct investment
classes: blue-chip stocks, midsize stocks, small stocks, global investments and
bonds.
The Gold Price Closed 0.9% Lower, Will The Supports Continue to Hold?
Gold Price Close Today : 1730.70 Change : (16.30) or -0.9% Silver Price Close
Today : 3230.6 Change : (31.5) cents or -1.0% Gold Silver Ratio Today : 53.572
Change : 0.018 or 0.0% Silver Gold Ratio Today : 0.01867 Change : -0.000006 or
0.0% Platinum Price Close Today : 1520.70 Change : -27.00 or -1.7% Palladium
Price Close Today : 631.85 Change : -10.65 or -1.7% S&P 500 : 1,257.08 Change :
12.80 or 1.0% Dow In GOLD$ : $144.50 Change : $ 2.29 or 1.6% Dow in GOLD oz :
6.990 Change : 0.111 or 1.6% Dow in SILVER oz : 374.48 Change : 6.02 or 1.6% Dow
Industrial : 12,097.83 Change : 78.41 or 0.7% US Dollar Index : 78.61 Change :
0.038 or 0.0% The GOLD PRICE and SILVER PRICE took the biggest hit on the
European news. Gold dropped $16.30 (0.9%) to $1,730.70 on Comex, while silver
dropped 31.5c (1%) to close 3230.6c. All right, I'm going to crawl out on that
limb. I think today's drop in GOLD and SILVER was a mere reaction to the last
few days' highs, and that the bottom boundary of the triangle for silver (3150c)
and of the trading channel for gold ($1,690 - $1,700) will hold. Plainly, if
they break those supports, they will tank, but I think they will hold. At least,
they did today, with silver posting a low at 3185c and gold at 1,717.67
(protecting that $1,720 support). But up or down, I have run my nose slam up
against that wall again: what else can I trust but silver and gold? Government
promises? The stock market, locked in a bear trend? Banks??! Banks, who'd as
soon throw you out of the lifeboat into a swarm of chummed sharks as I would
step on a bug? Mercy! I reckon I'll take my chances with the GOLD and SILVER ,
and even if they drop 20 or 40%, I'll still have 'em where I can rub on 'em to
console myself. Y'all do what seemeth good to you, but I smell a trap, and I'm
not going to wait around to make sure I've identified the right stench. To my
chagrin I have neglected a subject, I just discovered last night. Oh, I knew it
was going on, and always suspected that your wonderful government would pull it
on y'all's pension funds and IRAs, etc., but today it has drawn one step
fearfully closer. I'm talking about government confiscating pension funds --
y'all's pension funds -- to dig out of their debt swamp. Argentina did it a few
years ago, Hungary last year, and Ireland is eyeing 24 bn euros in their
National Pension Reserve fund right now. US government debt = $15 trillion. US
pension fund assets = $16 trillion. Y'all see any similarity there? Anything
click in your mind? Add to other precedents Portugal today, which transferred
5.6 bn euros of private pension funds to itself to meet its budget deficit. And
somebody explain to me, in the face of all this precedents, how the US
government (ever trustworthy) would not do the same? All that time folks have
wasted worrying about gold being seized as it was in 1934 have been watching the
front door of the house while the burglars were unloading the furniture through
the back door. Y'all know I am no alarmist, and I reserve my most lip-curling
contempt for all those Internet Chicken Littles who every day see the sky
falling. This warning is nothing new with me. The government seized gold in 1934
for the same reason that Willie Sutton robbed banks: that's where the money was.
In 2011 the money isn't there, it's in pension assets, IRAs, 401(k)s, pensions,
all the rest. For years when people have asked me what they should do with their
IRAs, my threshold remark has been, "First, you have to decide if you want to
continue in a partnership with the US government. Ownership has two parts, title
and control. With your IRA or 401(k), you have title, but they have control.
Yes, you will pay a penalty and tax to withdraw it, but how much is control, in
your own hands, worth to you?" From long experience I know that not 1 out of 80
will choose to cash out his IRA, so powerful is the APPEARANCE that all the
money is yours. ME, I don't want any part of any partnership with the yankee
government. I'll take my licks AND my money, thank you very much. But I am
nothing but a paranoid natural born fool from Tennessee. I will not, however,
stand in the middle of the railroad tracks when an express train is barrelling
down on me, driven by a maniac. Now y'all can put that IRA into silver and gold,
but it is still in an IRA, and a trustee holds it, not you. If you simply MUST
keep your IRA, then put it into physical silver or gold. But you ought to
consider most earnestly, together with your spouse, which is more important,
mere title to the IRA, or control. Sarcophagus of France and Ferkel of Germany
met today and after lunch announced a list of recommendations for changes to the
euro treaty, namely, automatic sanctions against deficit violating countries,
debt limits written into member constitutions, and no more haircuts for
creditors (save those holding Greek paper). Look deeply into it: this will
established centralized budget oversight in Brussels. This is the nightmare
turn, and most of all IT CONTAINS NO SOLUTION TO THE ALREADY UNPAYABLE DEBT. No
solution, that is, except inflating it away, but thru the ECB rather than
individual nations. Don't let all those German protestations about not making
the ECB lender of last resort. If they are going to pay all that unpayable
Himalaya of debt, they can only inflate it away. All other explanations are mere
carpeting for the barnyard. The European announcement shaved 79 basis points off
the spread between Italian and German debt almost immediately. That indicates
that a lot of investors took the bait. I remind you that even if all power is
centralized in Brussels, the debt remains still too large to be paid. Investors
have been suckered. Dow today gained 78.14 points (0.65%) to close at 12,097.83.
Maybe that's a case of buy the rumor, sell the news. S&P 500 closed up 12.8
(1.03%) at 1,257.08. My upper limit on the Dow is about 12,200. It's at that
wall now. I doubt it will climb it, but if y'all can't accept that, then keep on
trying to draw to that inside strait and keep holding those stocks. US Dollar
index today went sideways, up 3.8 basis points, but important thing is that it
remained above 78.50. Currency traders weren't buying good news out of Europe.
Euro gained 0.4% to 1.399, while the Yen closed up 0.19% at 128.54c/Y100
(Y77.8/$1). 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$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 3230.6 Change : (31.5) cents or -1.0% Gold Silver Ratio Today : 53.572
Change : 0.018 or 0.0% Silver Gold Ratio Today : 0.01867 Change : -0.000006 or
0.0% Platinum Price Close Today : 1520.70 Change : -27.00 or -1.7% Palladium
Price Close Today : 631.85 Change : -10.65 or -1.7% S&P 500 : 1,257.08 Change :
12.80 or 1.0% Dow In GOLD$ : $144.50 Change : $ 2.29 or 1.6% Dow in GOLD oz :
6.990 Change : 0.111 or 1.6% Dow in SILVER oz : 374.48 Change : 6.02 or 1.6% Dow
Industrial : 12,097.83 Change : 78.41 or 0.7% US Dollar Index : 78.61 Change :
0.038 or 0.0% The GOLD PRICE and SILVER PRICE took the biggest hit on the
European news. Gold dropped $16.30 (0.9%) to $1,730.70 on Comex, while silver
dropped 31.5c (1%) to close 3230.6c. All right, I'm going to crawl out on that
limb. I think today's drop in GOLD and SILVER was a mere reaction to the last
few days' highs, and that the bottom boundary of the triangle for silver (3150c)
and of the trading channel for gold ($1,690 - $1,700) will hold. Plainly, if
they break those supports, they will tank, but I think they will hold. At least,
they did today, with silver posting a low at 3185c and gold at 1,717.67
(protecting that $1,720 support). But up or down, I have run my nose slam up
against that wall again: what else can I trust but silver and gold? Government
promises? The stock market, locked in a bear trend? Banks??! Banks, who'd as
soon throw you out of the lifeboat into a swarm of chummed sharks as I would
step on a bug? Mercy! I reckon I'll take my chances with the GOLD and SILVER ,
and even if they drop 20 or 40%, I'll still have 'em where I can rub on 'em to
console myself. Y'all do what seemeth good to you, but I smell a trap, and I'm
not going to wait around to make sure I've identified the right stench. To my
chagrin I have neglected a subject, I just discovered last night. Oh, I knew it
was going on, and always suspected that your wonderful government would pull it
on y'all's pension funds and IRAs, etc., but today it has drawn one step
fearfully closer. I'm talking about government confiscating pension funds --
y'all's pension funds -- to dig out of their debt swamp. Argentina did it a few
years ago, Hungary last year, and Ireland is eyeing 24 bn euros in their
National Pension Reserve fund right now. US government debt = $15 trillion. US
pension fund assets = $16 trillion. Y'all see any similarity there? Anything
click in your mind? Add to other precedents Portugal today, which transferred
5.6 bn euros of private pension funds to itself to meet its budget deficit. And
somebody explain to me, in the face of all this precedents, how the US
government (ever trustworthy) would not do the same? All that time folks have
wasted worrying about gold being seized as it was in 1934 have been watching the
front door of the house while the burglars were unloading the furniture through
the back door. Y'all know I am no alarmist, and I reserve my most lip-curling
contempt for all those Internet Chicken Littles who every day see the sky
falling. This warning is nothing new with me. The government seized gold in 1934
for the same reason that Willie Sutton robbed banks: that's where the money was.
In 2011 the money isn't there, it's in pension assets, IRAs, 401(k)s, pensions,
all the rest. For years when people have asked me what they should do with their
IRAs, my threshold remark has been, "First, you have to decide if you want to
continue in a partnership with the US government. Ownership has two parts, title
and control. With your IRA or 401(k), you have title, but they have control.
Yes, you will pay a penalty and tax to withdraw it, but how much is control, in
your own hands, worth to you?" From long experience I know that not 1 out of 80
will choose to cash out his IRA, so powerful is the APPEARANCE that all the
money is yours. ME, I don't want any part of any partnership with the yankee
government. I'll take my licks AND my money, thank you very much. But I am
nothing but a paranoid natural born fool from Tennessee. I will not, however,
stand in the middle of the railroad tracks when an express train is barrelling
down on me, driven by a maniac. Now y'all can put that IRA into silver and gold,
but it is still in an IRA, and a trustee holds it, not you. If you simply MUST
keep your IRA, then put it into physical silver or gold. But you ought to
consider most earnestly, together with your spouse, which is more important,
mere title to the IRA, or control. Sarcophagus of France and Ferkel of Germany
met today and after lunch announced a list of recommendations for changes to the
euro treaty, namely, automatic sanctions against deficit violating countries,
debt limits written into member constitutions, and no more haircuts for
creditors (save those holding Greek paper). Look deeply into it: this will
established centralized budget oversight in Brussels. This is the nightmare
turn, and most of all IT CONTAINS NO SOLUTION TO THE ALREADY UNPAYABLE DEBT. No
solution, that is, except inflating it away, but thru the ECB rather than
individual nations. Don't let all those German protestations about not making
the ECB lender of last resort. If they are going to pay all that unpayable
Himalaya of debt, they can only inflate it away. All other explanations are mere
carpeting for the barnyard. The European announcement shaved 79 basis points off
the spread between Italian and German debt almost immediately. That indicates
that a lot of investors took the bait. I remind you that even if all power is
centralized in Brussels, the debt remains still too large to be paid. Investors
have been suckered. Dow today gained 78.14 points (0.65%) to close at 12,097.83.
Maybe that's a case of buy the rumor, sell the news. S&P 500 closed up 12.8
(1.03%) at 1,257.08. My upper limit on the Dow is about 12,200. It's at that
wall now. I doubt it will climb it, but if y'all can't accept that, then keep on
trying to draw to that inside strait and keep holding those stocks. US Dollar
index today went sideways, up 3.8 basis points, but important thing is that it
remained above 78.50. Currency traders weren't buying good news out of Europe.
Euro gained 0.4% to 1.399, while the Yen closed up 0.19% at 128.54c/Y100
(Y77.8/$1). 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.
6 Stocks to Sell in December
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Sell Into the Santa Rally U.S. stocks moved up late last month on expectations of a solid European plan that would provide for both stability and growth. But the blast-off could fizzle out since there is considerable political and technical resistance to overcome. The U.S. economy is making slow progress, and recent unemployment numbers are misleading because so many workers have fallen from the workforce.
Precious Metals Turn Sharply Lower amid S&P Ratings Warning
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver futures turned sharply lower Monday afternoon as the U.S. dollar rebounded against the euro currency. COMEX gold futures tumbled as much as $30.20, or 1.7%, to $1,721.10 per ounce while silver dropped from over $33.00 to as low as $32.025 per ounce. The dollar bounced back against the euro after the Financial Times reported that Standard & Poor’s
Investors on Cloud Nine — Monday’s IP Market Recap
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Tech investors had their heads in the cloud Monday on SAP ‘s (NYSE: SAP ) juicy $3.4 billion bid to buy cloud computing company SuccessFactors (NASDAQ: SFSF ). SAP, the world's top enterprise application software company, offered to buy SFSF at about $40 per share, or a 50% premium, to keep itself competitive in an industry that's trending toward cloud-based storage systems. While SAP actually traded down 2% to finish the day at $58.38, the company's announcement — coupled with the recent bid of rival Oracle (NASDAQ: ORCL ) for cloud-based customer relationship management software company RightNow Technologies (NASDAQ: RNOW ) — had the cloud sector buzzing. According to International Business Times , BMO Capital raised its rating on rival Taleo (NASDAQ: TLEO ) to outperform on speculation that it too would be bought out by Oracle, which sent shares up almost 20% to $39.50 by the market's close. The sector's big fish, SalesForce.com (NYSE: CRM ), also enjoyed a relatively modest bump, up 4.5% to $125.01. While cloud computing is expected to be one of the top computing trends of the foreseeable future, the market sector has yet to take off, with the First Trade ISE Cloud Computing Index (NASDAQ: SKYY ) ETF underperforming the Nasdaq by about 1.5 percentage points since the fund's inception in July. SKYY gained about 2% Monday. Another Web-based company enjoying the fruits of optimism Monday was online auctioneer and e-tailer eBay (NASDAQ: EBAY ), which gained almost 4% Monday on a Raymond James & Associates analyst's upgrade of the stock. Ebay, which has been moving away from its traditional auction services and toward retail-style sales, has enjoyed a robust holiday season sparked by a strong Cyber Monday , and recently announced 18% year-over-year growth in its November same-store sales. EBAY shares finished the day at $30.70. Three Up Tenet Healthcare (NYSE: THC ): Up 12.44% (52 cents) to $4.70. Gannett Co. (NYSE: GCI ): Up 10.24% ($1.22) to $13.13. Morgan Stanley (NYSE: MS ): Up 6.77% ($1.05) to $16.57. Three Down Nokia (NYSE: NOK ): Down 4.45% (25 cents) to $5.37. Renren Inc. (NASDAQ: RENN ): Down 3.96% (15 cents) to $3.64. Caribou Coffee (NASDAQ: CBOU ): Down 2.9% (39 cents) to $13.06. As of this writing, Kyle Woodley did not hold a position in any of the aforementioned stocks. Check out our list of previous IP Market Recaps .
Gold and Silver Prices Outlook for December 2011
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices didn’t so much during November after they had sharply inclined during October. Gold price ended the month slightly rising while silver price moderately declined. What were the main factors that may have affected the development of gold and silver prices in November? The anxiety in the financial markets continues to be high revolving the economic progress of the U.S. and the European debt crisis. So what is next for gold and silver prices in December 2011? Let’s examine the metals market for November and provide an outlook for gold and silver prices for December 2011.
Soros Invests $40 Million in Chinese Gold Jeweler
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 George Soros, who famously called gold “the ultimate bubble” several years ago, evidently feels the yellow metal has yet to reach bubble territory. The legendary investor – famous for founding the Quantum Fund in the 1970s and for shorting the British pound in the early 1990s – invested $40 million in the $2.8 billion IPO of Chow Tai Fook Jewellery Group Ltd, according to a report from
Investors on Cloud Nine — Monday’s IP Market Recap
Tech investors had their heads in the cloud Monday on SAP s (NYSE: SAP ) juicy
$3.4 billion bid to buy cloud computing company SuccessFactors (NASDAQ: SFSF ).
SAP, the world's top enterprise application software company, offered to buy
SFSF at about $40 per share, or a 50% premium, to keep itself competitive in an
industry that's trending toward cloud-based storage systems. While SAP
actually traded down 2% to finish the day at $58.38, the company's
announcement coupled with the recent bid of rival Oracle (NASDAQ: ORCL ) for
cloud-based customer relationship management software company RightNow
Technologies (NASDAQ: RNOW ) had the cloud sector buzzing. According to
International Business Times , BMO Capital raised its rating on rival Taleo
(NASDAQ: TLEO ) to outperform on speculation that it too would be bought out by
Oracle, which sent shares up almost 20% to $39.50 by the market's close. The
sector's big fish, SalesForce.com (NYSE: CRM ), also enjoyed a relatively
modest bump, up 4.5% to $125.01. While cloud computing is expected to be one of
the top computing trends of the foreseeable future, the market sector has yet to
take off, with the First Trade ISE Cloud Computing Index (NASDAQ: SKYY ) ETF
underperforming the Nasdaq by about 1.5 percentage points since the fund's
inception in July. SKYY gained about 2% Monday. Another Web-based company
enjoying the fruits of optimism Monday was online auctioneer and e-tailer eBay
(NASDAQ: EBAY ), which gained almost 4% Monday on a Raymond James & Associates
analyst's upgrade of the stock. Ebay, which has been moving away from its
traditional auction services and toward retail-style sales, has enjoyed a robust
holiday season sparked by a strong Cyber Monday , and recently announced 18%
year-over-year growth in its November same-store sales. EBAY shares finished the
day at $30.70. Three Up Tenet Healthcare (NYSE: THC ): Up 12.44% (52 cents) to
$4.70. Gannett Co. (NYSE: GCI ): Up 10.24% ($1.22) to $13.13. Morgan Stanley
(NYSE: MS ): Up 6.77% ($1.05) to $16.57. Three Down Nokia (NYSE: NOK ): Down
4.45% (25 cents) to $5.37. Renren Inc. (NASDAQ: RENN ): Down 3.96% (15 cents) to
$3.64. Caribou Coffee (NASDAQ: CBOU ): Down 2.9% (39 cents) to $13.06. As of
this writing, Kyle Woodley did not hold a position in any of the aforementioned
stocks. Check out our list of previous IP Market Recaps .
$3.4 billion bid to buy cloud computing company SuccessFactors (NASDAQ: SFSF ).
SAP, the world's top enterprise application software company, offered to buy
SFSF at about $40 per share, or a 50% premium, to keep itself competitive in an
industry that's trending toward cloud-based storage systems. While SAP
actually traded down 2% to finish the day at $58.38, the company's
announcement coupled with the recent bid of rival Oracle (NASDAQ: ORCL ) for
cloud-based customer relationship management software company RightNow
Technologies (NASDAQ: RNOW ) had the cloud sector buzzing. According to
International Business Times , BMO Capital raised its rating on rival Taleo
(NASDAQ: TLEO ) to outperform on speculation that it too would be bought out by
Oracle, which sent shares up almost 20% to $39.50 by the market's close. The
sector's big fish, SalesForce.com (NYSE: CRM ), also enjoyed a relatively
modest bump, up 4.5% to $125.01. While cloud computing is expected to be one of
the top computing trends of the foreseeable future, the market sector has yet to
take off, with the First Trade ISE Cloud Computing Index (NASDAQ: SKYY ) ETF
underperforming the Nasdaq by about 1.5 percentage points since the fund's
inception in July. SKYY gained about 2% Monday. Another Web-based company
enjoying the fruits of optimism Monday was online auctioneer and e-tailer eBay
(NASDAQ: EBAY ), which gained almost 4% Monday on a Raymond James & Associates
analyst's upgrade of the stock. Ebay, which has been moving away from its
traditional auction services and toward retail-style sales, has enjoyed a robust
holiday season sparked by a strong Cyber Monday , and recently announced 18%
year-over-year growth in its November same-store sales. EBAY shares finished the
day at $30.70. Three Up Tenet Healthcare (NYSE: THC ): Up 12.44% (52 cents) to
$4.70. Gannett Co. (NYSE: GCI ): Up 10.24% ($1.22) to $13.13. Morgan Stanley
(NYSE: MS ): Up 6.77% ($1.05) to $16.57. Three Down Nokia (NYSE: NOK ): Down
4.45% (25 cents) to $5.37. Renren Inc. (NASDAQ: RENN ): Down 3.96% (15 cents) to
$3.64. Caribou Coffee (NASDAQ: CBOU ): Down 2.9% (39 cents) to $13.06. As of
this writing, Kyle Woodley did not hold a position in any of the aforementioned
stocks. Check out our list of previous IP Market Recaps .
Gold and Silver Prices Outlook for December 2011
Gold and silver prices didnt so much during November after they had sharply
inclined during October. Gold price ended the month slightly rising while silver
price moderately declined. What were the main factors that may have affected the
development of gold and silver prices in November? The anxiety in the financial
markets continues to be high revolving the economic progress of the U.S. and the
European debt crisis. So what is next for gold and silver prices in December
2011? Lets examine the metals market for November and provide an outlook for
gold and silver prices for December 2011.
inclined during October. Gold price ended the month slightly rising while silver
price moderately declined. What were the main factors that may have affected the
development of gold and silver prices in November? The anxiety in the financial
markets continues to be high revolving the economic progress of the U.S. and the
European debt crisis. So what is next for gold and silver prices in December
2011? Lets examine the metals market for November and provide an outlook for
gold and silver prices for December 2011.
Precious Metals Turn Sharply Lower amid S&P Ratings Warning
Gold and silver futures turned sharply lower Monday afternoon as the U.S.
dollar rebounded against the euro currency. COMEX gold futures tumbled as much
as $30.20, or 1.7%, to $1,721.10 per ounce while silver dropped from over $33.00
to as low as $32.025 per ounce. The dollar bounced back against the euro after
the Financial Times reported that Standard & Poors
dollar rebounded against the euro currency. COMEX gold futures tumbled as much
as $30.20, or 1.7%, to $1,721.10 per ounce while silver dropped from over $33.00
to as low as $32.025 per ounce. The dollar bounced back against the euro after
the Financial Times reported that Standard & Poors
Monday Apple Rumors: Apple Shares Its Technology With IBM, Nokia
Here are your Apple rumors and AAPL stock news items for Monday: Apple Licensed
Technology to IBM, Nokia: The understanding amongst the tech companies of the
world competing with Apple (NASDAQ: AAPL ) is that Apple technology is
off-limits. If you want to get your hands on the companys apps, you have to buy
them like everyone else, and dont think for a second that you can develop your
own product by licensing Apples wares. Not going to happen. Except, it did
happen. According to The Verge (via Apple Insider ), Apple actually licensed its
touchscreen-based scrolling technology to IBM (NYSE: IBM ) and Nokia (NYSE: NOK
). The patent in question is cited among those Apple claims Samsung (PINK: SSNLF
) has infringed upon with its smartphones and tablets. It was from a filing in
Apples case against Samsung that the licensing agreements came out. Apparently
Apple offered the same licensing agreement to Samsung, which in turn declined
the offer. Microsoft Takes on Siri With Kinect: Since debuting the Kinect in
2009, Microsoft (NASDAQ: MSFT ) has been promising that users of its Xbox-based
voice- and motion-control device would be able to use it for watching TV. Until
now, Kinect owners looking to watch TV on their Xboxes could navigate menus only
with their hands, not with voice commands. Starting Tuesday, that finally will
change . Microsoft CEO Steve Ballmer demoed the voice controlled TV navigation
in September when he discussed the companys broader plans for TV on the Xbox .
Voice control for TV functionality in Kinect likely will be a feather in
Microsofts cap when Apple releases a Siri voice control-equipped HDTV in 2012.
Apples Grand Central Store Opens Friday: Just in time for the holidays, Apple is
opening its new destination retail outlet in New York Citys most famous transit
center. The new Grand Central Terminal Apple Store is opening on Friday, Dec. 9.
The store will keep somewhat unusual hours during weekdays, opening at 7 a.m. to
cater to early-morning commuters passing through the station. Apple is spending
$1.1 million per year to rent the space. As of this writing, Anthony John
Agnello did not hold a position in any of the aforementioned stocks. Follow him
on Twitter at
Technology to IBM, Nokia: The understanding amongst the tech companies of the
world competing with Apple (NASDAQ: AAPL ) is that Apple technology is
off-limits. If you want to get your hands on the companys apps, you have to buy
them like everyone else, and dont think for a second that you can develop your
own product by licensing Apples wares. Not going to happen. Except, it did
happen. According to The Verge (via Apple Insider ), Apple actually licensed its
touchscreen-based scrolling technology to IBM (NYSE: IBM ) and Nokia (NYSE: NOK
). The patent in question is cited among those Apple claims Samsung (PINK: SSNLF
) has infringed upon with its smartphones and tablets. It was from a filing in
Apples case against Samsung that the licensing agreements came out. Apparently
Apple offered the same licensing agreement to Samsung, which in turn declined
the offer. Microsoft Takes on Siri With Kinect: Since debuting the Kinect in
2009, Microsoft (NASDAQ: MSFT ) has been promising that users of its Xbox-based
voice- and motion-control device would be able to use it for watching TV. Until
now, Kinect owners looking to watch TV on their Xboxes could navigate menus only
with their hands, not with voice commands. Starting Tuesday, that finally will
change . Microsoft CEO Steve Ballmer demoed the voice controlled TV navigation
in September when he discussed the companys broader plans for TV on the Xbox .
Voice control for TV functionality in Kinect likely will be a feather in
Microsofts cap when Apple releases a Siri voice control-equipped HDTV in 2012.
Apples Grand Central Store Opens Friday: Just in time for the holidays, Apple is
opening its new destination retail outlet in New York Citys most famous transit
center. The new Grand Central Terminal Apple Store is opening on Friday, Dec. 9.
The store will keep somewhat unusual hours during weekdays, opening at 7 a.m. to
cater to early-morning commuters passing through the station. Apple is spending
$1.1 million per year to rent the space. As of this writing, Anthony John
Agnello did not hold a position in any of the aforementioned stocks. Follow him
on Twitter at
Soros Invests $40 Million in Chinese Gold Jeweler
George Soros, who famously called gold the ultimate bubble several years ago,
evidently feels the yellow metal has yet to reach bubble territory. The
legendary investor famous for founding the Quantum Fund in the 1970s and for
shorting the British pound in the early 1990s invested $40 million in the $2.8
billion IPO of Chow Tai Fook Jewellery Group Ltd, according to a report from
evidently feels the yellow metal has yet to reach bubble territory. The
legendary investor famous for founding the Quantum Fund in the 1970s and for
shorting the British pound in the early 1990s invested $40 million in the $2.8
billion IPO of Chow Tai Fook Jewellery Group Ltd, according to a report from
Canaco Resources (CAN) expands mineralization at Magambazi gold discovery
DG365FD46564GFH654FU898
See the article here:
Canaco Resources (CAN) expands mineralization at Magambazi gold discovery
H&R Block Shares — 3 Pros, 3 Cons
H&R Block (NYSE: HRB ) usually posts losses until its tax-season quarter, and
in its most recent fiscal second quarter, the company did indeed post a loss
from continuing operations that widened to $123 million from continuing
operations. Wall Street showed some concern about the results as the loss of 41
cents a share missed analysts' expectations. In Fridays trading, H&R Blocks
stock fell by more than 6%. (On Monday, the stock was essentially flat at
$15.20.) But what about the prospects going forward? Might the stock's drop be
an opportunity? Lets take a look: Pros Great Brand. When it comes to tax
preparation, H&R Block is certainly a trusted brand. The company also has an
extensive distribution footprint, with 100,000 trained associates. Keep in mind
that H&R Block recently renewed its partnership with Wal-Mart (NYSE: WMT ),
which will operate 300 offices in its stores. H&R Block also has been investing
in its digital business. Besides its At Home software, the company has also been
getting aggressive with social media, such as with Facebook and Twitter.
Restructuring. With H&R Blocks strong cash flow, the company has expanded into
other businesses over the years. The problem is that they have mostly been a
bust. As a result, the company has been unloading these operations, recently
selling its RSM McGladrey business tax segment for $575 million and closing out
its ExpressTax business. These moves should help provide more focus and energy
on the core consumer tax business, which continues to be fairly attractive.
Buybacks. The company is definitely trying to find ways to boost the stock
price. One approach is to repurchase shares. During the past quarter, the
company bought back 4.3% of the outstanding shares, at an average of $13.61
each. About $1.2 billion remains under the repurchase program. Cons Subprime
mortgages. Perhaps H&R Blocks most costly diversification was its Sand Canyon
division. Because of the real estate meltdown, the business has been the target
of various legal claims regarding its subprime mortgage business, which was
discontinued in late 2007. In the latest quarter, H&R Block set aside an
additional reserve of $20 million to handle the potential liabilities. This
certainly spooked investors. Might there be more charges against earnings?
Competition. H&R Block must contend with thousands of independently owned tax
preparation firms and accountants. But there are also several competitive retail
chains, like Liberty, and the move to the Internet has been significant, as seen
with the growth of Intuits (Nasdaq: INTU ) TurboTax. Economy. With high
unemployment, there has been a growing segment of the population that has not
been required to file returns or that may be looking for low-cost approaches.
Verdict By getting back to its core focus, H&R Block has many opportunities. One
promising area is its Prepaid Emerald MasterCard, which allows people to spend
their refund. This should be a good way to enhance customer loyalty and generate
recurring fees. In addition, the U.S. tax system seems to get more and more
complicated, and this means a high need for assistance of qualified
professionals. Consider that even TurboTax recently introduced live chat with
tax advisers. For the most part, however, H&R Blocks restructuring should allow
for higher margins, especially during the upcoming tax season. The pros outweigh
the cons on the stock. Tom Taulli runs the InvestorPlace blog " IPOPlaybook
," a site dedicated to the hottest news and rumors about initial public
offerings. He is also the author of "All About Short Selling" and "All
About Commodities." Follow him on Twitter at @ttaulli . As of this writing, he
did not own a position in any of the aforementioned stocks.
in its most recent fiscal second quarter, the company did indeed post a loss
from continuing operations that widened to $123 million from continuing
operations. Wall Street showed some concern about the results as the loss of 41
cents a share missed analysts' expectations. In Fridays trading, H&R Blocks
stock fell by more than 6%. (On Monday, the stock was essentially flat at
$15.20.) But what about the prospects going forward? Might the stock's drop be
an opportunity? Lets take a look: Pros Great Brand. When it comes to tax
preparation, H&R Block is certainly a trusted brand. The company also has an
extensive distribution footprint, with 100,000 trained associates. Keep in mind
that H&R Block recently renewed its partnership with Wal-Mart (NYSE: WMT ),
which will operate 300 offices in its stores. H&R Block also has been investing
in its digital business. Besides its At Home software, the company has also been
getting aggressive with social media, such as with Facebook and Twitter.
Restructuring. With H&R Blocks strong cash flow, the company has expanded into
other businesses over the years. The problem is that they have mostly been a
bust. As a result, the company has been unloading these operations, recently
selling its RSM McGladrey business tax segment for $575 million and closing out
its ExpressTax business. These moves should help provide more focus and energy
on the core consumer tax business, which continues to be fairly attractive.
Buybacks. The company is definitely trying to find ways to boost the stock
price. One approach is to repurchase shares. During the past quarter, the
company bought back 4.3% of the outstanding shares, at an average of $13.61
each. About $1.2 billion remains under the repurchase program. Cons Subprime
mortgages. Perhaps H&R Blocks most costly diversification was its Sand Canyon
division. Because of the real estate meltdown, the business has been the target
of various legal claims regarding its subprime mortgage business, which was
discontinued in late 2007. In the latest quarter, H&R Block set aside an
additional reserve of $20 million to handle the potential liabilities. This
certainly spooked investors. Might there be more charges against earnings?
Competition. H&R Block must contend with thousands of independently owned tax
preparation firms and accountants. But there are also several competitive retail
chains, like Liberty, and the move to the Internet has been significant, as seen
with the growth of Intuits (Nasdaq: INTU ) TurboTax. Economy. With high
unemployment, there has been a growing segment of the population that has not
been required to file returns or that may be looking for low-cost approaches.
Verdict By getting back to its core focus, H&R Block has many opportunities. One
promising area is its Prepaid Emerald MasterCard, which allows people to spend
their refund. This should be a good way to enhance customer loyalty and generate
recurring fees. In addition, the U.S. tax system seems to get more and more
complicated, and this means a high need for assistance of qualified
professionals. Consider that even TurboTax recently introduced live chat with
tax advisers. For the most part, however, H&R Blocks restructuring should allow
for higher margins, especially during the upcoming tax season. The pros outweigh
the cons on the stock. Tom Taulli runs the InvestorPlace blog " IPOPlaybook
," a site dedicated to the hottest news and rumors about initial public
offerings. He is also the author of "All About Short Selling" and "All
About Commodities." Follow him on Twitter at @ttaulli . As of this writing, he
did not own 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 Rate News Mid-Day Today
Contract gold finished last session at 1751.30 per troy ounce which was an
increase of approximately 3.8 percent over gold price just one week prior. For
the year, as of the last full day of trading close, gold price was trending
higher by approximately 23 percent. Gold acquisitions received support over the
past week, due in part, to the drop in the value of the dollar. The U.S. dollar
index dropped lower by approximately 1.4 percent over the course of the past
week. The weaker dollar makes precious metal acquisitions cheaper for many
investors utilizing foreign currency. In addition to this support, precious
metal gold price trend was bolstered by the European Central Bank action. Gold
prices responded favorably as the European Central Bank posted plans to inject
money into the International Monetary Fund to support the economies of eurozone
economies. Prior to opening bell this morning, spot gold price per gram and spot
silver price per ounce price trend-lines were both moving negatively. As the
trading session in the U.S. reached the mid-day mark today, spot gold price per
gram was red by .41 at 55.75. Spot silver price per ounce was red by .11 at
32.51. Contract gold for February delivery was lower by .38 percent at 1744.70
per troy ounce according to electronic price post. Silver contract for March
delivery was green by .21 percent at 32.76 per troy ounce according to
electronic price post at mid-day. Camillo Zucari
increase of approximately 3.8 percent over gold price just one week prior. For
the year, as of the last full day of trading close, gold price was trending
higher by approximately 23 percent. Gold acquisitions received support over the
past week, due in part, to the drop in the value of the dollar. The U.S. dollar
index dropped lower by approximately 1.4 percent over the course of the past
week. The weaker dollar makes precious metal acquisitions cheaper for many
investors utilizing foreign currency. In addition to this support, precious
metal gold price trend was bolstered by the European Central Bank action. Gold
prices responded favorably as the European Central Bank posted plans to inject
money into the International Monetary Fund to support the economies of eurozone
economies. Prior to opening bell this morning, spot gold price per gram and spot
silver price per ounce price trend-lines were both moving negatively. As the
trading session in the U.S. reached the mid-day mark today, spot gold price per
gram was red by .41 at 55.75. Spot silver price per ounce was red by .11 at
32.51. Contract gold for February delivery was lower by .38 percent at 1744.70
per troy ounce according to electronic price post. Silver contract for March
delivery was green by .21 percent at 32.76 per troy ounce according to
electronic price post at mid-day. Camillo Zucari
Top 10 Best-Rated Medical Equipment Stocks: KH, ECTE, DCTH, FLDM, MELA, OSUR, SURG, BLTI, ICUI, SIRO (Dec 05, 2011)
Below are the top 10 best-rated Medical Equipment stocks, based on the
percentage of positive ratings by brokerage analysts. One Chinese company (KH)
is on the list. China Kanghui Holdings (ADR) (NYSE:KH) is the first best-rated
stock in this segment of the market. It is rated positively by 100% of the 7
brokerage analysts covering it. Echo Therapeutics Inc (NASDAQ:ECTE) is the
second best-rated stock in this segment of the market. It is rated positively by
100% of the 6 brokerage analysts covering it. Delcath Systems, Inc.
(NASDAQ:DCTH) is the third best-rated stock in this segment of the market. It is
rated positively by 100% of the 5 brokerage analysts covering it. Fluidigm
Corporation (ADR) (NASDAQ:FLDM) is the fourth best-rated stock in this segment
of the market. It is rated positively by 100% of the 5 brokerage analysts
covering it. MELA Sciences, Inc. (NASDAQ:MELA) is the fifth best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. OraSure Technologies, Inc. (NASDAQ:OSUR) is the sixth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 5 brokerage analysts covering it. Synergetics USA Inc. (NASDAQ:SURG) is
the seventh best-rated stock in this segment of the market. It is rated
positively by 100% of the 5 brokerage analysts covering it. Biolase Technology,
Inc. (NASDAQ:BLTI) is the eighth best-rated stock in this segment of the market.
It is rated positively by 100% of the 4 brokerage analysts covering it. ICU
Medical, Incorporated (NASDAQ:ICUI) is the ninth best-rated stock in this
segment of the market. It is rated positively by 100% of the 4 brokerage
analysts covering it. Sirona Dental Systems, Inc. (NASDAQ:SIRO) is the 10th
best-rated stock in this segment of the market. It is rated positively by 94% of
the 16 brokerage analysts covering it.
percentage of positive ratings by brokerage analysts. One Chinese company (KH)
is on the list. China Kanghui Holdings (ADR) (NYSE:KH) is the first best-rated
stock in this segment of the market. It is rated positively by 100% of the 7
brokerage analysts covering it. Echo Therapeutics Inc (NASDAQ:ECTE) is the
second best-rated stock in this segment of the market. It is rated positively by
100% of the 6 brokerage analysts covering it. Delcath Systems, Inc.
(NASDAQ:DCTH) is the third best-rated stock in this segment of the market. It is
rated positively by 100% of the 5 brokerage analysts covering it. Fluidigm
Corporation (ADR) (NASDAQ:FLDM) is the fourth best-rated stock in this segment
of the market. It is rated positively by 100% of the 5 brokerage analysts
covering it. MELA Sciences, Inc. (NASDAQ:MELA) is the fifth best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. OraSure Technologies, Inc. (NASDAQ:OSUR) is the sixth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 5 brokerage analysts covering it. Synergetics USA Inc. (NASDAQ:SURG) is
the seventh best-rated stock in this segment of the market. It is rated
positively by 100% of the 5 brokerage analysts covering it. Biolase Technology,
Inc. (NASDAQ:BLTI) is the eighth best-rated stock in this segment of the market.
It is rated positively by 100% of the 4 brokerage analysts covering it. ICU
Medical, Incorporated (NASDAQ:ICUI) is the ninth best-rated stock in this
segment of the market. It is rated positively by 100% of the 4 brokerage
analysts covering it. Sirona Dental Systems, Inc. (NASDAQ:SIRO) is the 10th
best-rated stock in this segment of the market. It is rated positively by 94% of
the 16 brokerage analysts covering it.
Gold Price Slides as Italian Yields Fall
GOLD PRICE NEWS – The gold price retreated Monday, sliding $8.65 to $1,733.95
per ounce.
per ounce.
Top 10 Mid Cap Stocks with Highest Upside: MTL, ALU, MCP, AGO, TX, QIHU, FMCN, BAK, TRW, FTR (Dec 05, 2011)
Below are the top 10 Mid Cap stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
Two Chinese companies (QIHU, FMCN) are on the list. Mechel OAO (ADR) (NYSE:MTL)
has the 1st highest upside potential in this segment of the market. Its upside
is 140.0%. Its consensus target price is $26.69 based on the average of all
estimates. Alcatel-Lucent (ADR) (NYSE:ALU) has the 2nd highest upside potential
in this segment of the market. Its upside is 120.6%. Its consensus target price
is $3.68 based on the average of all estimates. Molycorp, Inc. (NYSE:MCP) has
the 3rd highest upside potential in this segment of the market. Its upside is
119.6%. Its consensus target price is $71.40 based on the average of all
estimates. Assured Guaranty Ltd. (NYSE:AGO) has the 4th highest upside potential
in this segment of the market. Its upside is 117.8%. Its consensus target price
is $24.50 based on the average of all estimates. Ternium S.A. (ADR) (NYSE:TX)
has the 5th highest upside potential in this segment of the market. Its upside
is 105.3%. Its consensus target price is $35.02 based on the average of all
estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 6th highest upside
potential in this segment of the market. Its upside is 88.6%. Its consensus
target price is $34.57 based on the average of all estimates. Focus Media
Holding Limited (ADR) (NASDAQ:FMCN) has the 7th highest upside potential in this
segment of the market. Its upside is 88.1%. Its consensus target price is $37.49
based on the average of all estimates. Braskem SA (ADR) (NYSE:BAK) has the 8th
highest upside potential in this segment of the market. Its upside is 84.4%. Its
consensus target price is $28.61 based on the average of all estimates. TRW
Automotive Holdings Corp. (NYSE:TRW) has the 9th highest upside potential in
this segment of the market. Its upside is 82.8%. Its consensus target price is
$60.15 based on the average of all estimates. Frontier Communications Corp
(NYSE:FTR) has the 10th highest upside potential in this segment of the market.
Its upside is 82.5%. Its consensus target price is $10.13 based on the average
of all estimates.
difference between current price and Wall Street analysts average target price.
Two Chinese companies (QIHU, FMCN) are on the list. Mechel OAO (ADR) (NYSE:MTL)
has the 1st highest upside potential in this segment of the market. Its upside
is 140.0%. Its consensus target price is $26.69 based on the average of all
estimates. Alcatel-Lucent (ADR) (NYSE:ALU) has the 2nd highest upside potential
in this segment of the market. Its upside is 120.6%. Its consensus target price
is $3.68 based on the average of all estimates. Molycorp, Inc. (NYSE:MCP) has
the 3rd highest upside potential in this segment of the market. Its upside is
119.6%. Its consensus target price is $71.40 based on the average of all
estimates. Assured Guaranty Ltd. (NYSE:AGO) has the 4th highest upside potential
in this segment of the market. Its upside is 117.8%. Its consensus target price
is $24.50 based on the average of all estimates. Ternium S.A. (ADR) (NYSE:TX)
has the 5th highest upside potential in this segment of the market. Its upside
is 105.3%. Its consensus target price is $35.02 based on the average of all
estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 6th highest upside
potential in this segment of the market. Its upside is 88.6%. Its consensus
target price is $34.57 based on the average of all estimates. Focus Media
Holding Limited (ADR) (NASDAQ:FMCN) has the 7th highest upside potential in this
segment of the market. Its upside is 88.1%. Its consensus target price is $37.49
based on the average of all estimates. Braskem SA (ADR) (NYSE:BAK) has the 8th
highest upside potential in this segment of the market. Its upside is 84.4%. Its
consensus target price is $28.61 based on the average of all estimates. TRW
Automotive Holdings Corp. (NYSE:TRW) has the 9th highest upside potential in
this segment of the market. Its upside is 82.8%. Its consensus target price is
$60.15 based on the average of all estimates. Frontier Communications Corp
(NYSE:FTR) has the 10th highest upside potential in this segment of the market.
Its upside is 82.5%. Its consensus target price is $10.13 based on the average
of all estimates.
Canaco Expands Mineralization at Magambazi Gold Discovery
Canaco Resources (CAN.TSXV) announced new assay results from diamond drilling
at the Magambazi gold discovery in Tanzania, Africa.
at the Magambazi gold discovery in Tanzania, Africa.
Colossus Advances Serra Pelada Toward Production
Colossus Minerals (CSI.TSX) provided an update on the development activities at
its 75% owned Serra Pelada Gold-Platinum-Palladium Project.
its 75% owned Serra Pelada Gold-Platinum-Palladium Project.
Gold Stocks (GDX) Climb, Goldcorp Hikes Dividend
GOLD STOCKS NEWS – Gold stocks climbed Monday as the Market Vectors Gold
Miners ETF (GDX) rose $1.08, or 1.9%, to $59.33 per share.
Miners ETF (GDX) rose $1.08, or 1.9%, to $59.33 per share.
Top 10 Best-Rated Media Stocks: BONA, LYV, TWX, RENT, JW.A, NWSA, VIAB, RGC, IMAX, ROVI (Dec 05, 2011)
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tdp2664 China Analyst Below are the top 10 best-rated Media stocks, based on the percentage of positive ratings by brokerage analysts. One Chinese company (BONA) is on the list. Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the first best-rated stock in this segment of the market. It is rated positively by 100% of the 5 brokerage analysts covering it. Live Nation Entertainment, Inc. (NYSE:LYV) is the second best-rated stock in this segment of the market. It is rated positively by 86% of the 7 brokerage analysts covering it. Time Warner Inc. (NYSE:TWX) is the third best-rated stock in this segment of the market. It is rated positively by 79% of the 33 brokerage analysts covering it. Rentrak Corporation (NASDAQ:RENT) is the fourth best-rated stock in this segment of the market. It is rated positively by 75% of the 8 brokerage analysts covering it. John Wiley & Sons Inc (NYSE:JW.A) is the fifth best-rated stock in this segment of the market. It is rated positively by 75% of the 4 brokerage analysts covering it. News Corp (NASDAQ:NWSA) is the sixth best-rated stock in this segment of the market. It is rated positively by 73% of the 26 brokerage analysts covering it. Viacom, Inc. (NASDAQ:VIAB) is the seventh best-rated stock in this segment of the market. It is rated positively by 72% of the 32 brokerage analysts covering it. Regal Entertainment Group (NYSE:RGC) is the eighth best-rated stock in this segment of the market. It is rated positively by 68% of the 19 brokerage analysts covering it. IMAX Corporation (USA) (NYSE:IMAX) is the ninth best-rated stock in this segment of the market. It is rated positively by 67% of the 15 brokerage analysts covering it. Rovi Corporation (NASDAQ:ROVI) is the 10th best-rated stock in this segment of the market. It is rated positively by 67% of the 15 brokerage analysts covering it.
Will Insiders Break Their LinkedIn Connection?
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tdp2664 InvestorPlace So you've bought a stock and made money on it. That's great news! But … what do you do next? In other words, is it time to sell your shares and take the profits … or hold out for more that might or might not come? That is the dilemma facing shareholders of one company. They proved they would sell it once, but will they do it again? That stock is LinkedIn Corp. (NYSE: LNKD ) and history is looking like it's about to repeat itself. That's because it just recently had its locked-up period end, which means investors and current and former employees can start selling their shares. The stock originally IPO'd for $45.
There’s More Than One Way to Profit Off McDonald’s
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tdp2664 InvestorPlace Can you name the top-performing stock in the S&P 500 year-to-date? As of Dec. 2, it was Cabot Oil & Gas (NYSE: COG ) at 132.7%. How about the top-performing restaurant stock in the S&P 500? Chipotle Mexican Grill (NYSE: CMG ), up 51.9% YTD. The former McDonald’s (NYSE: MCD ) spinoff has had a fine year. So too has its former parent, which has gained 28.2%. Normally, when I recommend the sale of one stock and the purchase of another, it’s usually because one company is either much cheaper or much better. In this situation, I’m recommending investors sell McDonald’s and buy stock in its largest franchisee, Arcos Dorados Holdings (NYSE: ARCO ) because the opportunities that exist in Latin America are too great to ignore. However, I wouldn’t hold it against you if you decided to own both. IPO Arcos Dorados went public in April 2011, selling 84.5 million class A shares at $17 each. The company itself sold slightly more than 9.5 million shares for net proceeds of $152.3 million, while existing shareholders sold the remaining 75 million shares. Arcos Dorados is using its share of the proceeds for the opening and re-imaging of its restaurants. It then did a secondary offering at the end of October, with existing shareholders selling an additional 44.5 million shares at $22 each. Since the secondary offering, ARCO stock basically has flatlined but still is up 32.1% through Dec. 2. As the world’s largest McDonald’s franchisee with 1,767 locations in Latin America, its future appears bright. The Business Arcos Dorados has the exclusive right to own, operate and grant franchises of McDonald’s restaurants in 20 countries, including Brazil, Chile, Mexico and Venezuela. Brazil is by far ARCO’s most important country, generating 52% of its overall revenue for the first six months of 2011 and 69% of adjusted EBITDA. Arcos Dorados accounts for 5.1% of McDonald’s global sales and is the largest fast food chain in Latin America. The company itself paid $141 million in royalties to McDonald’s in 2010, and that doesn’t include what the franchisees themselves paid to the Golden Arches. Arcos Dorados CEO Woods Staton, along with a consortium of investors, acquired McDonald’s Latin American operations for $700 million in August 2007. Staton brought McDonald’s restaurants to Argentina more than 20 years ago and since 2004 also was in charge of McDonald’s South American restaurants. At the time of the acquisition, McDonald’s faced the wrath of activist investor Bill Ackman, who was demanding it increase the rate of dividends and share repurchases. The Latin American operations were a casualty of its restructuring. The move worked, as MCD stock has more than doubled since then compared to a 19% loss for the S&P 500. This is a reminder that acquisitions sometimes can be win-win situations.
5 For 5 On Swing Trade Alerts Last Week, Updates For 12/5/2011
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tdp2664 Penny Stock Live We’re green to start and I think it’ll stick today, opposite of Friday. Look for higher lows on the QQQ, DIA and SPY ETF’s. U.S. stock futures pointed to a higher opening for Wall Street on Monday, driven by optimism about progress toward solving Europe's debt crisis after Italy announced additional fiscal measures and as investors awaited U.S. economic data. At 10 a.m. Eastern time, factory orders data for October as well as the Institute for Supply Management's non-manufacturing report for November will be released. As always you can expect 3-5 new swing trade alerts this week by Skype, text and email. We have class scheduled on Tuesday and Thursday at 9 p.m. EST and I’m working on a new project I’ll be announcing later this week (Momentum traders mount up) if you catch my drift haha!!! Anyway here are my thoughts on today’s open swing trades. Hoping to close all of these green this week and go 5/5 on all new swing trades like last week. THQI – I really like this chart, the short interest and my entry. If it turns down I’ll buy 10k shares at $1.55 and stop all below there. If it continues up I might add 10k into strength and look for 10% or around $1.90 to $2 for my profit. LOCM – So far LOCM is playing nice off that $2 support we talked about and this type of price action could lead to a squeeze. Today’s the 8th day of creeping action and if it powers through $2.40′s then I think we’ll see $2.70 to $3 which is where I start to consider taking profit, depending on how strong the move is. HKN – Still holding my range but I’ve yet to see Ledbed push it again. I’m at the mercy of his pump or direct news out of the company because the volume is drying up. Mental stop below $2.60 or so with a goal between $3 and $4 short term. USAT – This has been a boring trade. Like EK last week it’s just drifting lower. Unlike EK though, USAT doesn’t put out fluff news so if we get something this week odds are it’ll move the stock provided it’s good of course. I’ll add if I see any signs we’re turning and look for $1.60 as my exit in the short term. The stock really isn’t giving me a reason to sell so long at it hold $1 so we’ll see how this week goes. If $1 breaks hard then I’ll be forced to give up on this trade.
Top 10 Best-Rated Media Stocks: BONA, LYV, TWX, RENT, JW.A, NWSA, VIAB, RGC, IMAX, ROVI (Dec 05, 2011)
Below are the top 10 best-rated Media stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (BONA) is on the
list. Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Live Nation Entertainment, Inc. (NYSE:LYV) is the second
best-rated stock in this segment of the market. It is rated positively by 86% of
the 7 brokerage analysts covering it. Time Warner Inc. (NYSE:TWX) is the third
best-rated stock in this segment of the market. It is rated positively by 79% of
the 33 brokerage analysts covering it. Rentrak Corporation (NASDAQ:RENT) is the
fourth best-rated stock in this segment of the market. It is rated positively by
75% of the 8 brokerage analysts covering it. John Wiley & Sons Inc (NYSE:JW.A)
is the fifth best-rated stock in this segment of the market. It is rated
positively by 75% of the 4 brokerage analysts covering it. News Corp
(NASDAQ:NWSA) is the sixth best-rated stock in this segment of the market. It is
rated positively by 73% of the 26 brokerage analysts covering it. Viacom, Inc.
(NASDAQ:VIAB) is the seventh best-rated stock in this segment of the market. It
is rated positively by 72% of the 32 brokerage analysts covering it. Regal
Entertainment Group (NYSE:RGC) is the eighth best-rated stock in this segment of
the market. It is rated positively by 68% of the 19 brokerage analysts covering
it. IMAX Corporation (USA) (NYSE:IMAX) is the ninth best-rated stock in this
segment of the market. It is rated positively by 67% of the 15 brokerage
analysts covering it. Rovi Corporation (NASDAQ:ROVI) is the 10th best-rated
stock in this segment of the market. It is rated positively by 67% of the 15
brokerage analysts covering it.
positive ratings by brokerage analysts. One Chinese company (BONA) is on the
list. Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 5 brokerage
analysts covering it. Live Nation Entertainment, Inc. (NYSE:LYV) is the second
best-rated stock in this segment of the market. It is rated positively by 86% of
the 7 brokerage analysts covering it. Time Warner Inc. (NYSE:TWX) is the third
best-rated stock in this segment of the market. It is rated positively by 79% of
the 33 brokerage analysts covering it. Rentrak Corporation (NASDAQ:RENT) is the
fourth best-rated stock in this segment of the market. It is rated positively by
75% of the 8 brokerage analysts covering it. John Wiley & Sons Inc (NYSE:JW.A)
is the fifth best-rated stock in this segment of the market. It is rated
positively by 75% of the 4 brokerage analysts covering it. News Corp
(NASDAQ:NWSA) is the sixth best-rated stock in this segment of the market. It is
rated positively by 73% of the 26 brokerage analysts covering it. Viacom, Inc.
(NASDAQ:VIAB) is the seventh best-rated stock in this segment of the market. It
is rated positively by 72% of the 32 brokerage analysts covering it. Regal
Entertainment Group (NYSE:RGC) is the eighth best-rated stock in this segment of
the market. It is rated positively by 68% of the 19 brokerage analysts covering
it. IMAX Corporation (USA) (NYSE:IMAX) is the ninth best-rated stock in this
segment of the market. It is rated positively by 67% of the 15 brokerage
analysts covering it. Rovi Corporation (NASDAQ:ROVI) is the 10th best-rated
stock in this segment of the market. It is rated positively by 67% of the 15
brokerage analysts covering it.
Top 10 U.S.-Listed Chinese Stocks with Most Analyst Upgrades: JASO, CYOU, MR, SINA, WX, SVN, CTRP, FENG, HOLI, AMCN (Dec 05, 2011)
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tdp2664 China Analyst Below are the top 10 U.S.-listed Chinese stocks with most analyst upgrades in the past four weeks. Sentiment on these stocks is turning more positive. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has the 1st most analyst upgrades in the past four weeks. It was upgraded by 2 brokerage analyst(s) in this period. The stock is rated positively by 2 of the 19 analysts covering it. Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 2nd most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 17 of the 20 analysts covering it. Mindray Medical International Ltd (ADR) (NYSE:MR) has the 3rd most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 16 of the 22 analysts covering it. SINA Corporation (USA) (NASDAQ:SINA) has the 4th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 16 of the 31 analysts covering it. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) has the 5th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 14 of the 14 analysts covering it. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) has the 6th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 13 of the 15 analysts covering it. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) has the 7th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 6 of the 19 analysts covering it. Phoenix New Media Ltd ADR (NYSE:FENG) has the 8th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 5 of the 5 analysts covering it. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) has the 9th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 5 of the 7 analysts covering it. AirMedia Group Inc. (ADR) (NASDAQ:AMCN) has the 10th most analyst upgrades in the past four weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively by 5 of the 7 analysts covering it.
Running With The Bulls; Watch List For Monday December 5, 2011
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tdp2664 Penny Stock Live I'm constantly on the hunt for solid swing trades like LOCM, MITL, AEN, AMWI, UPI, TAT and JOEZ. Normally I try to position before the move like I did with HDY recently at $3.06 before it ran about 30% the following day, however, sometimes swimming with the current is an easy way to grab quick profits too. Swing trading, for those of you who are unaware, is a speculative activity where stocks are repeatedly bought or sold at or near the end of up or down price swings caused by price volatility. A swing trading position is typically held longer than a day, but shorter than trend following trades or buy and hold investment strategies that can be held for months or years. My filter for the stocks on this list is between $.25 and $5 with 300 trades or more the day before. The following stocks could deliver some decent profits moving forward if they continue so here's what I'll be watching for. Local.com Corp. ( NASDAQ:LOCM ) operates as an Internet search advertising company that enables businesses and consumers to find each other and connect locally. I believe Local.com is a prime buyout candidate by either Groupon, Google or Living Social due to their huge traffic and extremely large footprint in the daily deals space. Groupon (NASDAQ:GRPN) has a huge market cap comparatively ($12.09 billion) so it would be very easy for them to buy LOCM ($52.55 million). A quick search of Local.com on Alexa, Compete or Quantcast illustrates the massive traffic I’m referring to, which is exactly what companies like Groupon want and need to be successful in this competitive niche. LOCM has $10.12 million in cash, $8 million in debt, 22.08 million shares outstanding and a book value of $2.38. The reported short interest on LOCM is very high at 10.75 days to cover which is why I have bought and like the stock above $2. I never base trades on buyout speculation but instead try to position technically and fundamentally for solid swings… if I get lucky then so be it. Since starting this service about a year ago I’ve only been able to time one buyout perfectly which was TomoTherapy and wow was that a wonderful morning back on March 7, 2011. Additionally, LOCM is trading well under a big placement from earlier this year meaning big money was willing to support this LOCM at much higher levels. Technically I think LOCM is on its way to $2.70 – $3 or better in the short term after having held support at the $2 range once again. I’ve made some big bucks swing trading LOCM in the past trying to time a buyout, watch this video for proof of how I did it . Redchip recently covered the stock (paid for by LOCM) and I think they did a nice job detailing why I think LOCM will eventually be bought out. I love the Beta on LOCM at 2.27 which is why I come back to this swing trade so often. Mitel Networks Corp. ( NASDAQ:MITL ) provides integrated communications solutions to the small-to-medium sized enterprise market in the United States, Europe, the Middle East, Africa, Canada, Caribbean, Latin America, and the Asia Pacific. Shares jumped big and I mean big Friday after Q2 results showed revenue growth and positive signs of restructuring. MITL has $71.30 million in cash, $310.40 million in debt, 53.60 million shares outstanding and a book value of $.82 per share. Their market cap is $189.21 million. The reported short interest on MITL is high at 9.47 days to cover and no doubt part of the reason the stock gaped up so high Friday morning. This is the same type of action I’m looking for on Local.com and a few of my other swing trades that have high short interest. All you need is good news out of the company and short cover drives up the price very quickly when it’s that high around 10 days to cover. I used this same technique on Hyperdynamics (NYSE:HDY) last week buying at $3.06 before it ran about 30% the following day . Technically I’d look for MITL to hold $3.30, not rocket science, and shake out profit takers while consolidating with new buyers like myself. Once it reloads it appears the high $4′s are a good swing trade target. Adeona Pharmaceuticals, Inc ( AMEX:AEN ) operates as a pharmaceutical company that develops medicines for central nervous systems. AEN has $7.47 million in cash, no debt, 28.13 shares outstanding and a book value of $.30 per share. The reported short interest on AEN is also high at 7.49 days to cover as of the last settlement date on 11/15/2011. Wednesday AEN reported top-line results from its pilot Phase I/II open label, three month safety study of oral high dose zinc therapy in ALS, also known as Lou Gehrig ‘s disease. This chart is clearly in breakout mode and news like this can stick and keep it in play for quite some time. Right now I like it above $1.10 and think it’ll trade just below $2.25 in the short term or the 52-week high. The Relative Strength is a bit toppy here off this move so I’ll look to accumulate a position on the dips. My only concern here is the market cap is outside my $100 million to $300 million range but again, the chart is hard for me to ignore so I’ll definitely make an exception as I do from time to time. Like LOCM, the Beta of 2.27 makes this trade more attractive to me than others. Amwest Imaging Inc. ( OTCBB:AMWI ) is a pump and dump and not deserving of a company description. I’m almost embarrassed to include it amongst some of these quality small caps but honestly, I’m just a swing trader and if I can game a pump and dump for profits you better believe I’ll do it. Profits are profits, doesn’t matter what stock it comes from after the trade clears your account. So anyway, they claim to be a development stage company, focusing on helping companies become efficient through digital conversion and indexing of documentation blah, blah, blah. AMWI’s market cap, for now, is $124.39 million but don’t expect that to hold up forever. Bottom line is their the focus of a pump and dump right now so I have nothing else to add on this company other than if you’re going to trade the momentum you better know what you’re doing. Trades like this are not for beginners because the price action can get very ugly very quickly without warning when pumps dump. If you don’t believe me then read my blog post here on another recent pump and dump Raystream (RAYS) . Anyway, it made the filter but I’m not sure I’ll trade it given all the other options on this list. Uroplasty Inc. ( NASDAQ:UPI ) is a medical device company, engaging in the development, manufacture, and marketing of products for the treatment of voiding dysfunctions. I really like the chart on this one so if the Relative Strength can hold the centerline this time I’ll look to swing it because I think it could pop in the short term. UPI has $14.16 million in cash, no debt, 20.81 million shares outstanding and a book value of $.98 per share. The last reported short interest on 11/15/11 was 23.75 days to cover which is massive and no doubt part of the reason shares bounce from time to time. While I don’t know or care to know a ton about the company, the short interest alone could make for a profitable swing if the company sneaks those shorts like MITL did last week. I’d say a reasonable swing trade range would be between $4.30 and $6 in the short term if and when it can break through the $5 range which will offer up some sellers. UPI’s Beta is 1.43 and the market cap is $94.04 million. Transatlantic Petroleum Ltd. ( AMEX:TAT ) is an integrated international oil and gas company, engaging in the acquisition, exploration, development, and production of oil and natural gas. The market cap on TAT is a little big for me at $501.05 million but I really like the bull flag on the chart so it’s in play. CEO N. Malone Mitchell III bought 110,000 shares, increasing his purchase just in November to 610,093 shares, so that he ended the week with 1.9 million shares. That type of size is what I look for when there is insider buying taking place. A few thousand shares I’d consider fluff but over 600,000 in November is not fluff out of a company this size. Technically this is a clear cut retracement play so I’ll look to position of the 20 Moving Average or even the $1.10 range should it pull back. If it advances from here, which i think it might then $1.70 to $1.80 is my short term swing target. TAT has $22.13 million in cash, $159.13 million in debt, 365.73 million shares outstanding and a book value of $.68 per share. The reported short interest on the stock is relatively small at 1.7 days to cover so don’t expect a short squeeze to assist a swing trade move. The Beta is 1.48, I like them above 2. Joe’s Jeans Inc. ( NASDAQ:JOEZ ) engages in the design, development, and marketing of apparel products worldwide. JOEZ has a market cap of $37.25 million, total cash of $11.64 million, debt of $4.56 million, 64.22 million shares outstanding and a book value of $1.01 per share. The reported short interest on JOEZ is 1 day to cover so they’ll be no help from shorts should it continue up from here. The Beta on JOEZ isn’t desirable either at 1.34 meaning it’s not going to give me the returns I look for as quickly as stocks above 2 like AEN and LOCM. Technically JOEZ looks attractive if it can hold this recent move above $.55 then there’s really no resistance until the $.70 which could mean an easy $.10 per share profit. Other than AMWI, this is my least desirable trade but it did hit my filter and I’ve traded it before so I felt obligated to report on the 7% move Friday. The Relative Strength has not broke the 70 line all year so it’ll be interesting to see if this move sticks, then I might try a swing with a 10-20% goal across several days. I am long LOCM
Profit From These 9 Stocks as They Crash
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tdp2664 InvestorPlace Most of the time, I recommend stocks to buy and hold. I sell when stocks reach what appears to be their full gains potential or, less often, when the company fails to live up to my expectations. Occasionally, I'll also give out lists of stocks to avoid because of their subpar outlook. At this point in the market cycle, though, I see another opportunity shaping up — for aggressive investors only. If you've got the nerves and the financial resources to play the game, I believe there's good money to be made selling individual stocks short. Short sellers borrow stock (from a broker) and sell the shares, hoping to buy them back later at a lower price. The difference, minus commissions and any dividends payable to the owner of the stock, represents the short seller's profit. In a strongly uptrending market, it's tough to find many stocks that seem due for a fall. However, the market climate has changed during the past few months. "Accidents" are proliferating — and some short sellers, at least, are cleaning up. A fresh-perked example: In October, hedge-fund manager David Einhorn disclosed at an investment conference that he was shorting Green Mountain Coffee Roasters (NASDAQ: GMCR ). Not only did Einhorn denounce the stock as overvalued, but he went further and accused management of accounting shenanigans. Naturally, the company's legion of supporters poured cold water on his arguments. But then … uh-oh! On Nov. 10, GMCR came out with disappointing quarterly earnings — and the stock cratered , off 39% in day. Score one for Einhorn. Screening for Losers Where do we find the market's next set of disasters waiting to happen? I ran a screen recently that focused on three criteria to help identify vulnerable stocks. (You want to short the sickly wildebeests in the herd, not the alpha males.) I looked for names that: Already have skidded at least 20% from their 52-week highs — a sign that some investors might know the company has problems. Are operating at a much lower level of profitability (return on equity) than the market average. Are trading at more than 20 times projected earnings for the year ahead (overvalued stock). Interestingly enough, certain industry groups popped up repeatedly in my screen: homebuilders and related suppliers, outdoor advertising firms, a sprinkling of faddish Internet-based businesses, and a bumper crop of Chinese outfits — a hint that the next really big market blow-up might be brewing in Shanghai, rather than Athens or Rome. Stocks to Short Aluminum Corp. of China (NYSE: ACH ) Brookdale Senior Living (NYSE: BKD ) Clear Channel Outdoor (NYSE: CCO ) Gaylord Entertainment (NYSE: GET ) Shutterfly (NASDAQ: SFLY ) Lennar (NYSE: LEN ) Pulte Homes (NYSE: PHM ) Renren (NASDAQ: RENN ) Youku (NASDAQ: YOKU ) What to Do Now When shorting these stocks, always remember to set a stop-loss at a reasonable level above your entry (I recommend 15%). Place your stop order soon after your short is executed, and make the order good till canceled . That way, you'll be taken out of the position automatically if some unexpected development pushes the stock up to your stop-loss. Never short stocks without a stop; you'll expose yourself to theoretically unlimited losses.
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