Call it a curse. Many of the past winners of American Bankers annual banker of
the year award have soon after befallen some sort of career setback. Ken
Thompson, former CEO of Wachovia, won the award in 2005. Less than three years
later, his firm was sold to Wells Fargo (NYSE: WFC ) in an FDIC-run auction,
barely avoiding collapse. This years recipient is Robert Wilmers, CEO of M&T
Bank (NYSE: MTB ). Despite record earnings, I recommend investors steer clear of
the bankers curse and instead buy regional rival First Niagara Financial Group
(NASDAQ: FNFG ). M&T Bank is one of Berkshire Hathaway s (NYSE: BRK.B , BRK.A )
15 biggest holdings as of the end of November. Warren Buffett owns 5.2 million
shares of the Buffalo bank, considered by many to be one of the best operators
in financial services. M&Ts annual return since 1980 is 19.3%, the best
performance among the top 100 banks in America. With that kind of pedigree, its
hard to bet against it. However, with First Niagaras stock down 33% year-to-date
combined with the fact it actually has outperformed M&T Bank over the past
decade now is a great opportunity to take advantage of the short-term growing
pains facing First Niagara. They wont last forever. In July, First Niagara
announced it was buying 195 branches in New York and Connecticut from HSBC
Holdings (NYSE: HBC ) for $1 billion. As part of the deal, First Niagara will
have to sell approximately 40 branches to meet antitrust regulations. The 155
branches it will keep come with $11 billion in deposits. The merged branch
network will number 440 locations, $18 billion in loans, $30 billion in deposits
and $38 billion in assets. Depending on how many of the 40 branches divested are
in the Buffalo area, First Niagara could end up with more branches in western
New York than M&T Bank. The decision to grow by acquisition has come at a cost
to its business. To finance the deal, First Niagara has had to issue additional
stock and debt that has reduced its tangible book value by 30%. To build its
capital back up, FNFG has cut its quarterly dividend in half to eight cents per
share. While the shares were priced at $8.50, the lowest level since 2002, it
was an encouraging sign that underwriters exercised their overallotment of 3.97
million shares. By exercising the overallotment, it puts an artificial floor
price on its stock while still providing investors with a reasonable yield of
3.8%. Once it has had the opportunity to digest the HSBC branches, Sterne Agee
analyst Matthew Kelly believes First Niagara will be a solid growth play and one
of the better performing banks. In the past two years, First Niagara has made
four acquisitions totaling $2.8 billion. Before all of this M&A action, First
Niagara had just $6.1 billion in deposits. Theyve grown five-fold since July
2008. Its only natural with this much consolidation that First Niagara will
suffer from a little indigestion. Not to worry. By the end of 2014, FNFGs
tangible book value per share should be $8.19, 56% higher than today. Management
suggests the 2012 earnings estimate of $1.09 is 6% to 7% too high. Therefore,
First Niagaras stock currently is trading at 8.5 times forward earnings. Thats
lower than at any time in the past decade, and because First Niagara has cut the
dividend in half, its payout ratio in 2012 will be just 31% and more than
manageable. Bottom Line M&T Bank might have the current banker of the year, but
First Niagara is the better opportunity in 2012. As of this writing, Will
Ashworth did not own a position in any of the aforementioned stocks.
Tuesday, December 13, 2011
Top 10 Rebounding Mid Cap Stocks: QCOR, GLNG, VHI, KOG, FMCN, DPZ, ULTA, COG, PSMT, HS (Dec 13, 2011)
Below are the top 10 rebounding Mid Cap stocks, ranked based on % change from
52-week lows. One Chinese company (FMCN) is on the list. Questcor
Pharmaceuticals, Inc. (NASDAQ:QCOR) is the 1st best rebounding stock in this
segment of the market. It has risen 262% from its 52-week low. It is now trading
at 96% of its 52-week high. Golar LNG Limited (USA) (NASDAQ:GLNG) is the 2nd
best rebounding stock in this segment of the market. It has risen 209% from its
52-week low. It is now trading at 96% of its 52-week high. Valhi, Inc.
(NYSE:VHI) is the 3rd best rebounding stock in this segment of the market. It
has risen 200% from its 52-week low. It is now trading at 88% of its 52-week
high. Kodiak Oil & Gas Corp. (AMEX:KOG) is the 4th best rebounding stock in this
segment of the market. It has risen 147% from its 52-week low. It is now trading
at 96% of its 52-week high. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is
the 5th best rebounding stock in this segment of the market. It has risen 145%
from its 52-week low. It is now trading at 57% of its 52-week high. Dominos
Pizza, Inc. (NYSE:DPZ) is the 6th best rebounding stock in this segment of the
market. It has risen 135% from its 52-week low. It is now trading at 100% of its
52-week high. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) is the 7th
best rebounding stock in this segment of the market. It has risen 127% from its
52-week low. It is now trading at 96% of its 52-week high. Cabot Oil & Gas
Corporation (NYSE:COG) is the 8th best rebounding stock in this segment of the
market. It has risen 120% from its 52-week low. It is now trading at 86% of its
52-week high. PriceSmart, Inc. (NASDAQ:PSMT) is the 9th best rebounding stock in
this segment of the market. It has risen 115% from its 52-week low. It is now
trading at 85% of its 52-week high. HealthSpring, Inc (NYSE:HS) is the 10th best
rebounding stock in this segment of the market. It has risen 111% from its
52-week low. It is now trading at 99% of its 52-week high.
52-week lows. One Chinese company (FMCN) is on the list. Questcor
Pharmaceuticals, Inc. (NASDAQ:QCOR) is the 1st best rebounding stock in this
segment of the market. It has risen 262% from its 52-week low. It is now trading
at 96% of its 52-week high. Golar LNG Limited (USA) (NASDAQ:GLNG) is the 2nd
best rebounding stock in this segment of the market. It has risen 209% from its
52-week low. It is now trading at 96% of its 52-week high. Valhi, Inc.
(NYSE:VHI) is the 3rd best rebounding stock in this segment of the market. It
has risen 200% from its 52-week low. It is now trading at 88% of its 52-week
high. Kodiak Oil & Gas Corp. (AMEX:KOG) is the 4th best rebounding stock in this
segment of the market. It has risen 147% from its 52-week low. It is now trading
at 96% of its 52-week high. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is
the 5th best rebounding stock in this segment of the market. It has risen 145%
from its 52-week low. It is now trading at 57% of its 52-week high. Dominos
Pizza, Inc. (NYSE:DPZ) is the 6th best rebounding stock in this segment of the
market. It has risen 135% from its 52-week low. It is now trading at 100% of its
52-week high. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) is the 7th
best rebounding stock in this segment of the market. It has risen 127% from its
52-week low. It is now trading at 96% of its 52-week high. Cabot Oil & Gas
Corporation (NYSE:COG) is the 8th best rebounding stock in this segment of the
market. It has risen 120% from its 52-week low. It is now trading at 86% of its
52-week high. PriceSmart, Inc. (NASDAQ:PSMT) is the 9th best rebounding stock in
this segment of the market. It has risen 115% from its 52-week low. It is now
trading at 85% of its 52-week high. HealthSpring, Inc (NYSE:HS) is the 10th best
rebounding stock in this segment of the market. It has risen 111% from its
52-week low. It is now trading at 99% of its 52-week high.
Todays Dow Jones Industrial Average DJIA index DJX DJI; Nasdaq, S&P 500 Stock Market Current Investing News Today
This trading week opened with a broad based sell off as the market made
corrections for a rally that closed out last weeks sessions. The DJIA , as well
as the S&P 500 and Nasdaq, dropped into negative territory to open the week. The
negative trends were a result of broad based sell-offs that day. European
leaders stated publicly last week that they would unite to correct problems that
have been plaguing the eurozone economy, but details of the action plan were not
forthcoming. The indices were pressured lower on opening day as a result. The
Negative momentum that built on opening session carried through to last session
to pull the primary indices lower once again. Last session, stock futures for
the primary indices in the U.S. were green and stocks positioned for the
stronger open. The positive trending did not last long however. As the trading
session close out in the U.S., the primary indices closed red across the board.
The Dow Jones Industrial Average closed the last session red by .55 percent at
11,954.94. The Nasdaq index closed red by 1.26 percent at 2,579.27. The S&P 500
finished the session red by .87 percent at 1,225.73. In addition to the negative
pressure stemming from the eurozone, stocks felt increased pressure as a result
of the negatively skewed report posting via the Federal Reserve. Investors
expected that the Feds would leave interest rates unchanged, which they did, but
the Feds also added added that the economic outlook right now is strained due to
the problems that continue to plague the global marketplace. A majority of
global indices in Asia and the eurozone finished the last session in the red as
well. The euro struggled once again and the dollar gained strength versus the
British pound and the Japanese yen. Oil price per barrel closed higher at 100.14
per barrel and gold futures dropped to 1663.10 per troy ounce. Frank Matto
corrections for a rally that closed out last weeks sessions. The DJIA , as well
as the S&P 500 and Nasdaq, dropped into negative territory to open the week. The
negative trends were a result of broad based sell-offs that day. European
leaders stated publicly last week that they would unite to correct problems that
have been plaguing the eurozone economy, but details of the action plan were not
forthcoming. The indices were pressured lower on opening day as a result. The
Negative momentum that built on opening session carried through to last session
to pull the primary indices lower once again. Last session, stock futures for
the primary indices in the U.S. were green and stocks positioned for the
stronger open. The positive trending did not last long however. As the trading
session close out in the U.S., the primary indices closed red across the board.
The Dow Jones Industrial Average closed the last session red by .55 percent at
11,954.94. The Nasdaq index closed red by 1.26 percent at 2,579.27. The S&P 500
finished the session red by .87 percent at 1,225.73. In addition to the negative
pressure stemming from the eurozone, stocks felt increased pressure as a result
of the negatively skewed report posting via the Federal Reserve. Investors
expected that the Feds would leave interest rates unchanged, which they did, but
the Feds also added added that the economic outlook right now is strained due to
the problems that continue to plague the global marketplace. A majority of
global indices in Asia and the eurozone finished the last session in the red as
well. The euro struggled once again and the dollar gained strength versus the
British pound and the Japanese yen. Oil price per barrel closed higher at 100.14
per barrel and gold futures dropped to 1663.10 per troy ounce. Frank Matto
Mongolia to Spur Growth in Centerra Gold #Mongolia, #centerragold
XCSFDHG46767FHJHJF
min2664 A major gold deposit discovery in Mongolia is set to further grow Centerra Gold’s profits. The company posted a profit of US$71.1 million in the third quarter, more than double its earnings from the same period last year. Steve Lang, President and CEO said that initial resource estimate should be released by end of this year. ""We've proven up just a very narrow corner of the deposit – we're very pleased with what we see. Obviously the investors like what they're seeing on the drill results as well… We're just in the early stages of finding out just how large this district will be," he added. Centerra Gold has a 100% stake in its Altan Tsagaan Ovoo (ATO) property in northeast Mongolia, which was acquired in May 2010. It is a large land position covering 77,000 hectares with multiple long intercepts of high-grade gold, silver and base metal mineralization. Come hear it all from Mr Ian Atkinson, Centerra Gold, who will be presenting at the Asia Mining Congress 2012. Download programme brochure here. Network and connect with our speakers, sponsors and delegates from mining and financing companies. Join Mining Nuggets on Facebook now.
#Asia’s love affair with #gold and other #precious metals
Though gold prices have tumbled recently due to the Eurozone crisis, top
performing commodity fund managers remain bullish on gold as there is a lack of
alternative havens for investors in a slowing global economy. They told Reuters
that the current weakness in gold is temporary and will end soon, along with the
slump in commodity prices. However, this may only be true for physical gold,
related products and futures as there is still a big gap between the performance
of these derivatives as compared to gold mining stocks, where miners are unable
to decouple from overall equity markets. Hear more about their views at Reuters
. Gold is a contentious commodity, with many investors and fund managers seeing
it less like a commodity and more like currency. Certain unique features
definitely differentiate gold from other commodities, such as it being held in
international central banks as an asset and that it is not as affected by supply
and demand dynamics as only a small part of golds yearly supply is consumed by
the luxury goods industry. Nonetheless, gold remains highly sought after
especially by Asian investors due to both cultural reasons and the belief that
gold is immune to inflation. Learn more about the 2012/2013 investment outlook
for precious metals such as gold, platinum and silver from a panel of
distinguished speakers such as Peregrine Cust, CIO, Prana Capital; Arno Pilz,
Head of Metals Trading, Duet Commodities Fund; Peter Schwendner, Partner,
Fortinbras Asset Management; Shayne McGuire, Head of Global Research and
Portfolio Manager, GBI Precious Metals Fund, Teachers Retirement System of
Texas; and Frank Holmes, CEO and CIO, US Global Investors at Commodities Week
Asia 2012 .
performing commodity fund managers remain bullish on gold as there is a lack of
alternative havens for investors in a slowing global economy. They told Reuters
that the current weakness in gold is temporary and will end soon, along with the
slump in commodity prices. However, this may only be true for physical gold,
related products and futures as there is still a big gap between the performance
of these derivatives as compared to gold mining stocks, where miners are unable
to decouple from overall equity markets. Hear more about their views at Reuters
. Gold is a contentious commodity, with many investors and fund managers seeing
it less like a commodity and more like currency. Certain unique features
definitely differentiate gold from other commodities, such as it being held in
international central banks as an asset and that it is not as affected by supply
and demand dynamics as only a small part of golds yearly supply is consumed by
the luxury goods industry. Nonetheless, gold remains highly sought after
especially by Asian investors due to both cultural reasons and the belief that
gold is immune to inflation. Learn more about the 2012/2013 investment outlook
for precious metals such as gold, platinum and silver from a panel of
distinguished speakers such as Peregrine Cust, CIO, Prana Capital; Arno Pilz,
Head of Metals Trading, Duet Commodities Fund; Peter Schwendner, Partner,
Fortinbras Asset Management; Shayne McGuire, Head of Global Research and
Portfolio Manager, GBI Precious Metals Fund, Teachers Retirement System of
Texas; and Frank Holmes, CEO and CIO, US Global Investors at Commodities Week
Asia 2012 .
Can Meg Whitman’s ‘Buzz’ Buy Time to Revive Hewlett-Packard?
She had him at the Depression glass. When Hewlett-Packard (NYSE: HPQ ) CEO Meg
Whitman reminisces about her early days at the helm of eBay (NASDAQ: EBAY ), she
fondly relates a call she got from then-SEC Chairman Arthur Levitt shortly after
the blockbuster auction site went public in the fall of 1998. Back then, EBAY
stock was so volatile that it could be up 80 points and down 50 points in the
same day. Then Whitman got a call from Levitt and when the SEC called a CEO in
the middle of the dot-com boom, it usually signaled concerns that manipulation
was causing the stock's volatility. But Levitt didn't talk about eBay's
volatility. After a few pleasantries, he came to the point: As a buyer and
seller of Depression glass on eBay, member feedback had just earned him a yellow
star, he said, "And I thought you would just like to know. Whitman's
13-year-old story illustrates one of the few enduring truths in the age of
Internet, Facebook and Twitter: The buzz is as important to building brands and
businesses as a company's foundational technologies. And as a successful tech
CEO who ran and lost an expensive race for governor of California last year,
Whitman brings a lot of buzz to HPQ. For starters, Whitman's decision to
release for free the WebOS code it acquired with its $1.2 billion purchase of
Palm is crazy like a fox. The operating system basically was wasted on HP's
TouchPad, the company's dark horse entry into the tablet race, the last of
which were liquidated on eBay over the weekend. With her open source strategy,
Whitman has the opportunity to open up a development platform potentially as
feature-rich as Oracle 's (NASDAQ: ORCL ) Java, drive revenue to HP's
Download Store, and potentially create a collaboration opportunity with Windows
Phone. Hewlett-Packard already is talking to Microsoft (NASDAQ: MSFT ). Last
week, both companies announced a four-year deal that will use HP's cloud
infrastructure to deliver Microsoft's communications and collaboration
applications to business and government customers. Both companies hope the deal
will help jump-start cloud computing with customers who still have major
concerns about platforms and applications that they don't control in
traditional servers and data centers. Wall Street already has begun to receive
these initiatives favorably. Since Whitman came aboard Sept. 22, HPQ shares have
risen more than 20% from below $23 to around $28. Conversely, when former SAP
AG (NYSE: SAP ) chief Léo Apotheker was in charge of HPQ from November 2010 to
September of this year, the stock fell 46%. But good news is fleeting, and
Whitman is going to have to keep up her buzz and business strategy if she wants
a long-term home at HP. Whitman is HP's fifth CEO in six years that's the
same number of leaders the company had in the prior 93 years. OK, two of them
were interim, but an HP board that's pining for the next William Hewlett and
David Packard has been decidedly impatient with all the men and women that
recently have tried to move the company into the 21st century. Former AT&T
(NYSE: T ) and Lucent exec Carly Fiorina prevailed over HP's enterprise
business chief Ann Livermore in 1999 to land the top job. But a contentious
marriage with Compaq helped sour the board on Fiorina, which in 2005 ousted her
in an ugly scene that played out in the financial press. CFO Robert Wayman
stepped in for 45 days until the board hired NCR's Mark Hurd. The
hard-charging, cost-cutting Hurd delivered for shareholders five years of
growing revenues and stock appreciation to the tune of 130%. But Hurd resigned
in 2010 after the consultant he hired reality TV maven Jodie Fisher accused
him of sexual harassment. Hewlett-Packard CFO Cathy Lesjak stepped in for two
months until Apotheker whom most HP board members had never met took over in
November 2010. But software-focused Apotheker's bare-bones strategy for HP's
future, which centered on selling 100 million devices running WebOS a plan that
didn't account for the huge head start of Apple (NASDAQ: AAPL ), Nokia (NYSE:
NOK ) and others sealed his fate in only 10 months. That much recent turnover
at the top and a board whose interpersonal dynamics have compared to The Young
and The Restless clearly illustrate that HP's biggest challenges are not
limited to its products and markets. And that makes Whitman's job a lot
harder. As of this writing, Susan J. Aluise did not hold a position in any of
the aforementioned stocks.
Whitman reminisces about her early days at the helm of eBay (NASDAQ: EBAY ), she
fondly relates a call she got from then-SEC Chairman Arthur Levitt shortly after
the blockbuster auction site went public in the fall of 1998. Back then, EBAY
stock was so volatile that it could be up 80 points and down 50 points in the
same day. Then Whitman got a call from Levitt and when the SEC called a CEO in
the middle of the dot-com boom, it usually signaled concerns that manipulation
was causing the stock's volatility. But Levitt didn't talk about eBay's
volatility. After a few pleasantries, he came to the point: As a buyer and
seller of Depression glass on eBay, member feedback had just earned him a yellow
star, he said, "And I thought you would just like to know. Whitman's
13-year-old story illustrates one of the few enduring truths in the age of
Internet, Facebook and Twitter: The buzz is as important to building brands and
businesses as a company's foundational technologies. And as a successful tech
CEO who ran and lost an expensive race for governor of California last year,
Whitman brings a lot of buzz to HPQ. For starters, Whitman's decision to
release for free the WebOS code it acquired with its $1.2 billion purchase of
Palm is crazy like a fox. The operating system basically was wasted on HP's
TouchPad, the company's dark horse entry into the tablet race, the last of
which were liquidated on eBay over the weekend. With her open source strategy,
Whitman has the opportunity to open up a development platform potentially as
feature-rich as Oracle 's (NASDAQ: ORCL ) Java, drive revenue to HP's
Download Store, and potentially create a collaboration opportunity with Windows
Phone. Hewlett-Packard already is talking to Microsoft (NASDAQ: MSFT ). Last
week, both companies announced a four-year deal that will use HP's cloud
infrastructure to deliver Microsoft's communications and collaboration
applications to business and government customers. Both companies hope the deal
will help jump-start cloud computing with customers who still have major
concerns about platforms and applications that they don't control in
traditional servers and data centers. Wall Street already has begun to receive
these initiatives favorably. Since Whitman came aboard Sept. 22, HPQ shares have
risen more than 20% from below $23 to around $28. Conversely, when former SAP
AG (NYSE: SAP ) chief Léo Apotheker was in charge of HPQ from November 2010 to
September of this year, the stock fell 46%. But good news is fleeting, and
Whitman is going to have to keep up her buzz and business strategy if she wants
a long-term home at HP. Whitman is HP's fifth CEO in six years that's the
same number of leaders the company had in the prior 93 years. OK, two of them
were interim, but an HP board that's pining for the next William Hewlett and
David Packard has been decidedly impatient with all the men and women that
recently have tried to move the company into the 21st century. Former AT&T
(NYSE: T ) and Lucent exec Carly Fiorina prevailed over HP's enterprise
business chief Ann Livermore in 1999 to land the top job. But a contentious
marriage with Compaq helped sour the board on Fiorina, which in 2005 ousted her
in an ugly scene that played out in the financial press. CFO Robert Wayman
stepped in for 45 days until the board hired NCR's Mark Hurd. The
hard-charging, cost-cutting Hurd delivered for shareholders five years of
growing revenues and stock appreciation to the tune of 130%. But Hurd resigned
in 2010 after the consultant he hired reality TV maven Jodie Fisher accused
him of sexual harassment. Hewlett-Packard CFO Cathy Lesjak stepped in for two
months until Apotheker whom most HP board members had never met took over in
November 2010. But software-focused Apotheker's bare-bones strategy for HP's
future, which centered on selling 100 million devices running WebOS a plan that
didn't account for the huge head start of Apple (NASDAQ: AAPL ), Nokia (NYSE:
NOK ) and others sealed his fate in only 10 months. That much recent turnover
at the top and a board whose interpersonal dynamics have compared to The Young
and The Restless clearly illustrate that HP's biggest challenges are not
limited to its products and markets. And that makes Whitman's job a lot
harder. As of this writing, Susan J. Aluise did not hold a position in any of
the aforementioned stocks.
Mongolia to Spur Growth in Centerra Gold #Mongolia, #centerragold
A major gold deposit discovery in Mongolia is set to further grow Centerra
Golds profits. The company posted a profit of US$71.1 million in the third
quarter, more than double its earnings from the same period last year. Steve
Lang, President and CEO said that initial resource estimate should be released
by end of this year. ""We've proven up just a very narrow corner of the
deposit – we're very pleased with what we see. Obviously the investors like
what they're seeing on the drill results as well… We're just in the early
stages of finding out just how large this district will be," he added.
Centerra Gold has a 100% stake in its Altan Tsagaan Ovoo (ATO) property in
northeast Mongolia, which was acquired in May 2010. It is a large land position
covering 77,000 hectares with multiple long intercepts of high-grade gold,
silver and base metal mineralization. Come hear it all from Mr Ian Atkinson,
Centerra Gold, who will be presenting at the Asia Mining Congress 2012. Download
programme brochure here. Network and connect with our speakers, sponsors and
delegates from mining and financing companies. Join Mining Nuggets on Facebook
now.
Golds profits. The company posted a profit of US$71.1 million in the third
quarter, more than double its earnings from the same period last year. Steve
Lang, President and CEO said that initial resource estimate should be released
by end of this year. ""We've proven up just a very narrow corner of the
deposit – we're very pleased with what we see. Obviously the investors like
what they're seeing on the drill results as well… We're just in the early
stages of finding out just how large this district will be," he added.
Centerra Gold has a 100% stake in its Altan Tsagaan Ovoo (ATO) property in
northeast Mongolia, which was acquired in May 2010. It is a large land position
covering 77,000 hectares with multiple long intercepts of high-grade gold,
silver and base metal mineralization. Come hear it all from Mr Ian Atkinson,
Centerra Gold, who will be presenting at the Asia Mining Congress 2012. Download
programme brochure here. Network and connect with our speakers, sponsors and
delegates from mining and financing companies. Join Mining Nuggets on Facebook
now.
Top 10 Best-Rated Oil/Gas Production Stocks: AXAS, EVEP, MWE, INT, HUSA, IOC, NGL, RAM, SNP, KOG (Dec 13, 2011)
Below are the top 10 best-rated Oil/Gas Production stocks, based on the
percentage of positive ratings by brokerage analysts. One Chinese company (SNP)
is on the list. Abraxas Petroleum Corp. (NASDAQ:AXAS) is the first best-rated
stock in this segment of the market. It is rated positively by 100% of the 9
brokerage analysts covering it. EV Energy Partners, L.P. (NASDAQ:EVEP) is the
second best-rated stock in this segment of the market. It is rated positively by
100% of the 8 brokerage analysts covering it. MarkWest Energy Partners, L.P.
(NYSE:MWE) is the third best-rated stock in this segment of the market. It is
rated positively by 100% of the 7 brokerage analysts covering it. World Fuel
Services Corporation (NYSE:INT) 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. Houston American Energy Corporation (NYSE:HUSA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. InterOil Corporation (USA) (NYSE:IOC)
is the sixth best-rated stock in this segment of the market. It is rated
positively by 100% of the 4 brokerage analysts covering it. NGL Energy Partners
LP (NYSE:NGL) is the seventh best-rated stock in this segment of the market. It
is rated positively by 100% of the 4 brokerage analysts covering it. RAM Energy
Resources, Inc. (NASDAQ:RAM) 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. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) 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. Kodiak Oil & Gas Corp. (AMEX:KOG) is the 10th
best-rated stock in this segment of the market. It is rated positively by 95% of
the 20 brokerage analysts covering it.
percentage of positive ratings by brokerage analysts. One Chinese company (SNP)
is on the list. Abraxas Petroleum Corp. (NASDAQ:AXAS) is the first best-rated
stock in this segment of the market. It is rated positively by 100% of the 9
brokerage analysts covering it. EV Energy Partners, L.P. (NASDAQ:EVEP) is the
second best-rated stock in this segment of the market. It is rated positively by
100% of the 8 brokerage analysts covering it. MarkWest Energy Partners, L.P.
(NYSE:MWE) is the third best-rated stock in this segment of the market. It is
rated positively by 100% of the 7 brokerage analysts covering it. World Fuel
Services Corporation (NYSE:INT) 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. Houston American Energy Corporation (NYSE:HUSA) is the fifth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 4 brokerage analysts covering it. InterOil Corporation (USA) (NYSE:IOC)
is the sixth best-rated stock in this segment of the market. It is rated
positively by 100% of the 4 brokerage analysts covering it. NGL Energy Partners
LP (NYSE:NGL) is the seventh best-rated stock in this segment of the market. It
is rated positively by 100% of the 4 brokerage analysts covering it. RAM Energy
Resources, Inc. (NASDAQ:RAM) 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. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) 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. Kodiak Oil & Gas Corp. (AMEX:KOG) is the 10th
best-rated stock in this segment of the market. It is rated positively by 95% of
the 20 brokerage analysts covering it.
Gold Price Closed at $1,727.90, I’m Waiting a Day or Two to Take Advantage of Lower Prices
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DG365FD46564GFH654FU898 Gold Price Close Today : 1727.90 Change : (2.80) or -0.2% Silver Price Close Today : 3119.50 Change : 26.00 cents or 0.8% Gold Silver Ratio Today : 55.390 Change : -0.556 or -1.0% Silver Gold Ratio Today : 0.01805 Change : 0.000179 or 1.0% Platinum Price Close Today : 1474.80 Change : 0.00 or 0.0% Palladium Price Close Today : 643.10 Change : -16.80 or -2.5% S&P 500 : 1,225.73 Change : -10.74 or -0.9% Dow In GOLD$ : $143.02 Change : $ (0.57) or -0.4% Dow in GOLD oz : 6.919 Change : -0.028 or -0.4% Dow in SILVER oz : 383.23 Change : -5.43 or -1.4% Dow Industrial : 11,954.94 Change : -68.45 or -0.6% US Dollar Index : 80.27 Change : 0.733 or 0.9% The GOLD PRICE and SILVER PRICE blew hot and cold out of both sides of their mouths today, and then the Dufuss-effect took hold. GOLD dropped $4.30 to close Comex at $1,659.90. SILVER rose — probably on short-covering — 26c to 3119.5c. Ahh, but post-Dufusses they broke down. Silver lost 45c to 3074.5c and the GOLD PRICE gave up another $28.40 in the aftermarket to $1,631.50. Gold has now sliced through its 150 DMA ($1,665) and set its sights on the 200 DMA (now $1,614). Support at $1,600 might catch gold and stop it, but the deflation scare could also drive it further. If it can’t hold at $1,600 then $1,535 becomes likely. I have the same problem y’all do. If I shoot all my cash ammunition here, I won’t have anything left to take advantage of lower prices. I feel safer watching it a day or two. The SILVER PRICE ‘s next support down below lies around 3050c. Low today was 3038.7. Last low (November) was 3065. Look the worst square in the eye: silver could easily drop to 2615. Below that lies not much to stop its fall before it reaches 2000c. Yet there is also reason to suspect silver might catch a hand hold at 2900c. We just have to be patient here and let the market tell us what it intends. Right now it’s keeping its cards too close to its breast to divine its ultimate intentions. Then there are those surprise parties to consider. You never know when or what governments will do next. I’ve been talking to metals dealers about the MF Global debacle, because many of them are hedgers and had accounts with MFG. My guess is they’ll be a lot less likely in the future to leave money with any broker. Then, too, if they can’t hedge, they must sell what they buy instead of holding it hedged. That can put downward pressure on prices, but more likely it could widen out the spread between buy and sell. We are seeing come to pass what I have long anticipated. Paper markets are unraveling. Now the very structure of the market itself must be questioned. In the bull market that peaked in 1980, paper (futures) prices drove silver and gold market. This time around, I think it will be more important to have actual physical possession, and that will means the physical price would be driving the market as the “real price”, not the futures. We already saw that happen in the 2008 panic, when paper silver prices were 33% or more below physicals prices (physical silver carried a 50% premium over the paper price). Now, if some big entity that claims to have beaucoup silver stored suddenly goes belly up like John Corzine sent MFG belly up, well, who’ll want “stored” silver then? If yesterday saw another Euro-bobble, today saw another Fed-bobble. The dufusses in charge, who are apparently kept incommunicado in the basement of the Fed Building, announced that things were “jes’ fine!” and they didn’t need to turn a peg for the economy. Now while I will vehemently defend the proposition that they are correct in not doing a blessed thing, and would be even correcter if they shut down the whole operation forever and went fishing, inaction was NOT what markets wanted to hear. Is concluding that markets dropped because of the Fed’s announcement the post hoc ergo propter hoc logical error? Are y’all kidding me? Markets have been trained to believe that their salvation comes only from the Fed, and if the Fed won’t act, then who will save them? Sure won’t be me, any more than it will be the Fed, in point of fact. But enough of this fun. I can always count on some official lamebrain somewhere in the world to furnish more fodder for my ridicule machine than I can possibly process in a single commentary. Can’t help it, they make themselves ridiculous. Let’s look at stocks first. In a word, they’re sunk. Sinking below 12,000 today broke the back of more investors’ morale. Tomorrow the Dow will break that 11,950, and its 200 day moving average (11,943) and tomorrow or the next day will slam to 11,600, then 11,400, then 11,200, and below that, 10,400. Ohh, it hurts to think about it. Dow today dropped 68.45 (0.55%) to close at 11,954.94. S&P 500 trotted right along beside it dropping 10.74 (0.87%) to 1,225.73. The Fed has created an addict. Together with the yankee government, it has created a market that is as addicted to inflation, Quantitative Easing, and all the other nicey-nice names for printing money as a meth-head is to meth. You tell a meth-head you aren’t giving him any meth and to put down that two liter soft-drink bottle and stop shaking it, and he won’t thank you. A nation, no, a world of meth-heads. That’s what central banks have created. Y’all don’t even want to think about currencies today. Dollar burst through that 79.80 resistance left by the last two tops and jumped 73.3 basis points, a perfervid 0.94%, to 80.267. And that leap took place? Right, about the time the Dufusses opened their mouths. Dollar’s moving higher. Dollar now targets the late 2010 low at 81.44, no stretch at all from here. Above that is 83.50, and then 88.71. At that level the entire universe will be writhing, screaming, and begging for a lower dollar. Y’all know what this is? Not only financial panic out of Europe, THIS IS THE DEFLATION SCARE. Now the gurus will gurate, the mavens will mavinate, and the pundits will pander, all about how deflation is here and it’s the bogeyman who will eat you up! Looking at the institutions built over the last 80 years with no purpose save to inflate, there’s about as much chance of deflation as there is of my winning the Miss America swimsuit competition in my red long johns. But you will hear the media bloviate about it, and at last the Fed and its cronies will ride their printing presses to the rescue. I’m sorry. They’re lamebrains are so active today that I feel like a dung beetle at a bull sale. There’s just so much material, I don’t know where to start or stop. The Euro broke down significantly, shattering that 1.3200 support and closed down a jumbo 1.13% at 1.3034. Now in sight is 1.2500. Thanks, Dufusses. Japanese yen closed down, too, a tee-tiny 0.06% to 128.25c/Y100 (Y77.97/$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 Oversold U.S.-Listed Chinese Stocks (Dec 13, 2011)
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tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the most oversold U.S.-listed Chinese stock on Dec. 13. It was down 9.4% on the day. STP's upside potential is 84.7% based on brokerage analysts' average target price of $4.43. It is trading at 22.2% of its 52-week high of $10.83, and 41.2% above its 52-week low of $1.70. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the second most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.5% on the day. SVN's upside potential is 96.8% based on brokerage analysts' average target price of $24.03. It is trading at 49.8% of its 52-week high of $24.52, and 1.6% above its 52-week low of $12.02. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the third most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.3% on the day. YGE's upside potential is 36.3% based on brokerage analysts' average target price of $5.29. It is trading at 28.6% of its 52-week high of $13.59, and 41.1% above its 52-week low of $2.75. Trina Solar Limited (ADR) (NYSE:TSL) is the fourth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.1% on the day. TSL's upside potential is 83.3% based on brokerage analysts' average target price of $13.07. It is trading at 22.9% of its 52-week high of $31.08, and 35.0% above its 52-week low of $5.28. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the fifth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 6.2% on the day. SPRD's upside potential is 47.5% based on brokerage analysts' average target price of $30.58. It is trading at 69.2% of its 52-week high of $29.98, and 141.4% above its 52-week low of $8.59. ReneSola Ltd. (ADR) (NYSE:SOL) is the sixth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 6.1% on the day. SOL's upside potential is 84.6% based on brokerage analysts' average target price of $2.86. It is trading at 11.7% of its 52-week high of $13.25, and 6.2% above its 52-week low of $1.46. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the seventh most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.5% on the day. DANG's upside potential is 110.9% based on brokerage analysts' average target price of $9.83. It is trading at 12.8% of its 52-week high of $36.40, and 6.9% above its 52-week low of $4.36. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the eighth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.3% on the day. JASO's upside potential is 119.9% based on brokerage analysts' average target price of $3.14. It is trading at 16.7% of its 52-week high of $8.57, and 2.1% above its 52-week low of $1.40. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the ninth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.2% on the day. ASIA's upside potential is 117.7% based on brokerage analysts' average target price of $17.44. It is trading at 35.0% of its 52-week high of $22.91, and 29.0% above its 52-week low of $6.21. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 10th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.1% on the day. FMCN's upside potential is 97.2% based on brokerage analysts' average target price of $40.23. It is trading at 54.3% of its 52-week high of $37.58, and 132.1% above its 52-week low of $8.79. Sohu.com Inc. (NASDAQ:SOHU) is the 11th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.0% on the day. SOHU's upside potential is 64.3% based on brokerage analysts' average target price of $78.38. It is trading at 43.6% of its 52-week high of $109.37, and 2.9% above its 52-week low of $46.35. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the 12th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.0% on the day. EJ's upside potential is 149.4% based on brokerage analysts' average target price of $10.97. It is trading at 27.1% of its 52-week high of $16.25, and 1.1% above its 52-week low of $4.35. Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is the 13th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 4.9% on the day. HMIN's upside potential is 68.3% based on brokerage analysts' average target price of $47.69. It is trading at 63.2% of its 52-week high of $44.86, and 28.2% above its 52-week low of $22.09. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the 14th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 4.3% on the day. VIT's upside potential is 83.3% based on brokerage analysts' average target price of $18.24. It is trading at 26.2% of its 52-week high of $37.99, and 60.7% above its 52-week low of $6.19. China Kanghui Holdings (ADR) (NYSE:KH) is the 15th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 4.3% on the day. KH's upside potential is 82.9% based on brokerage analysts' average target price of $24.75. It is trading at 51.1% of its 52-week high of $26.50, and 0.0% above its 52-week low of $13.53. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 16th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 4.2% on the day. BIDU's upside potential is 50.4% based on brokerage analysts' average target price of $183.86. It is trading at 73.6% of its 52-week high of $165.96, and 29.6% above its 52-week low of $94.33. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 17th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.8% on the day. EDU's upside potential is 54.3% based on brokerage analysts' average target price of $35.30. It is trading at 65.8% of its 52-week high of $34.77, and 11.0% above its 52-week low of $20.61. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the 18th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.3% on the day. PWRD's upside potential is 129.0% based on brokerage analysts' average target price of $24.00. It is trading at 36.0% of its 52-week high of $29.10, and 16.4% above its 52-week low of $9.00. China Real Estate Information Corp (NASDAQ:CRIC) is the 19th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.0% on the day. CRIC's upside potential is 107.5% based on brokerage analysts' average target price of $8.05. It is trading at 39.2% of its 52-week high of $9.89, and 5.4% above its 52-week low of $3.68. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 20th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.0% on the day. MPEL's upside potential is 76.1% based on brokerage analysts' average target price of $15.37. It is trading at 54.1% of its 52-week high of $16.15, and 57.3% above its 52-week low of $5.55.
Top Oversold U.S.-Listed Chinese Stocks (Dec 13, 2011)
Below are the latest oversold U.S.-listed Chinese stocks. Suntech Power
Holdings Co., Ltd. (ADR) (NYSE:STP) is the most oversold U.S.-listed Chinese
stock on Dec. 13. It was down 9.4% on the day. STPs upside potential is 84.7%
based on brokerage analysts average target price of $4.43. It is trading at
22.2% of its 52-week high of $10.83, and 41.2% above its 52-week low of $1.70. 7
DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the second most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 8.5% on the day. SVNs upside
potential is 96.8% based on brokerage analysts average target price of $24.03.
It is trading at 49.8% of its 52-week high of $24.52, and 1.6% above its 52-week
low of $12.02. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the third
most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.3% on the day.
YGEs upside potential is 36.3% based on brokerage analysts average target price
of $5.29. It is trading at 28.6% of its 52-week high of $13.59, and 41.1% above
its 52-week low of $2.75. Trina Solar Limited (ADR) (NYSE:TSL) is the fourth
most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.1% on the day.
TSLs upside potential is 83.3% based on brokerage analysts average target price
of $13.07. It is trading at 22.9% of its 52-week high of $31.08, and 35.0% above
its 52-week low of $5.28. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is
the fifth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 6.2%
on the day. SPRDs upside potential is 47.5% based on brokerage analysts average
target price of $30.58. It is trading at 69.2% of its 52-week high of $29.98,
and 141.4% above its 52-week low of $8.59. ReneSola Ltd. (ADR) (NYSE:SOL) is the
sixth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 6.1% on
the day. SOLs upside potential is 84.6% based on brokerage analysts average
target price of $2.86. It is trading at 11.7% of its 52-week high of $13.25, and
6.2% above its 52-week low of $1.46. E Commerce China Dangdang Inc (ADR)
(NYSE:DANG) is the seventh most oversold U.S.-listed Chinese stock on Dec. 13.
It was down 5.5% on the day. DANGs upside potential is 110.9% based on brokerage
analysts average target price of $9.83. It is trading at 12.8% of its 52-week
high of $36.40, and 6.9% above its 52-week low of $4.36. JA Solar Holdings Co.,
Ltd. (ADR) (NASDAQ:JASO) is the eighth most oversold U.S.-listed Chinese stock
on Dec. 13. It was down 5.3% on the day. JASOs upside potential is 119.9% based
on brokerage analysts average target price of $3.14. It is trading at 16.7% of
its 52-week high of $8.57, and 2.1% above its 52-week low of $1.40.
AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the ninth most oversold U.S.-listed
Chinese stock on Dec. 13. It was down 5.2% on the day. ASIAs upside potential is
117.7% based on brokerage analysts average target price of $17.44. It is trading
at 35.0% of its 52-week high of $22.91, and 29.0% above its 52-week low of
$6.21. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 10th most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 5.1% on the day. FMCNs upside
potential is 97.2% based on brokerage analysts average target price of $40.23.
It is trading at 54.3% of its 52-week high of $37.58, and 132.1% above its
52-week low of $8.79. Sohu.com Inc. (NASDAQ:SOHU) is the 11th most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 5.0% on the day. SOHUs upside
potential is 64.3% based on brokerage analysts average target price of $78.38.
It is trading at 43.6% of its 52-week high of $109.37, and 2.9% above its
52-week low of $46.35. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the
12th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.0% on the
day. EJs upside potential is 149.4% based on brokerage analysts average target
price of $10.97. It is trading at 27.1% of its 52-week high of $16.25, and 1.1%
above its 52-week low of $4.35. Home Inns & Hotels Management Inc. (ADR)
(NASDAQ:HMIN) is the 13th most oversold U.S.-listed Chinese stock on Dec. 13. It
was down 4.9% on the day. HMINs upside potential is 68.3% based on brokerage
analysts average target price of $47.69. It is trading at 63.2% of its 52-week
high of $44.86, and 28.2% above its 52-week low of $22.09. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the 14th most oversold U.S.-listed Chinese
stock on Dec. 13. It was down 4.3% on the day. VITs upside potential is 83.3%
based on brokerage analysts average target price of $18.24. It is trading at
26.2% of its 52-week high of $37.99, and 60.7% above its 52-week low of $6.19.
China Kanghui Holdings (ADR) (NYSE:KH) is the 15th most oversold U.S.-listed
Chinese stock on Dec. 13. It was down 4.3% on the day. KHs upside potential is
82.9% based on brokerage analysts average target price of $24.75. It is trading
at 51.1% of its 52-week high of $26.50, and 0.0% above its 52-week low of
$13.53. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 16th most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 4.2% on the day. BIDUs upside
potential is 50.4% based on brokerage analysts average target price of $183.86.
It is trading at 73.6% of its 52-week high of $165.96, and 29.6% above its
52-week low of $94.33. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the
17th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.8% on the
day. EDUs upside potential is 54.3% based on brokerage analysts average target
price of $35.30. It is trading at 65.8% of its 52-week high of $34.77, and 11.0%
above its 52-week low of $20.61. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is
the 18th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.3% on
the day. PWRDs upside potential is 129.0% based on brokerage analysts average
target price of $24.00. It is trading at 36.0% of its 52-week high of $29.10,
and 16.4% above its 52-week low of $9.00. China Real Estate Information Corp
(NASDAQ:CRIC) is the 19th most oversold U.S.-listed Chinese stock on Dec. 13. It
was down 3.0% on the day. CRICs upside potential is 107.5% based on brokerage
analysts average target price of $8.05. It is trading at 39.2% of its 52-week
high of $9.89, and 5.4% above its 52-week low of $3.68. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 20th most oversold U.S.-listed
Chinese stock on Dec. 13. It was down 3.0% on the day. MPELs upside potential is
76.1% based on brokerage analysts average target price of $15.37. It is trading
at 54.1% of its 52-week high of $16.15, and 57.3% above its 52-week low of
$5.55.
Holdings Co., Ltd. (ADR) (NYSE:STP) is the most oversold U.S.-listed Chinese
stock on Dec. 13. It was down 9.4% on the day. STPs upside potential is 84.7%
based on brokerage analysts average target price of $4.43. It is trading at
22.2% of its 52-week high of $10.83, and 41.2% above its 52-week low of $1.70. 7
DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the second most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 8.5% on the day. SVNs upside
potential is 96.8% based on brokerage analysts average target price of $24.03.
It is trading at 49.8% of its 52-week high of $24.52, and 1.6% above its 52-week
low of $12.02. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the third
most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.3% on the day.
YGEs upside potential is 36.3% based on brokerage analysts average target price
of $5.29. It is trading at 28.6% of its 52-week high of $13.59, and 41.1% above
its 52-week low of $2.75. Trina Solar Limited (ADR) (NYSE:TSL) is the fourth
most oversold U.S.-listed Chinese stock on Dec. 13. It was down 8.1% on the day.
TSLs upside potential is 83.3% based on brokerage analysts average target price
of $13.07. It is trading at 22.9% of its 52-week high of $31.08, and 35.0% above
its 52-week low of $5.28. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is
the fifth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 6.2%
on the day. SPRDs upside potential is 47.5% based on brokerage analysts average
target price of $30.58. It is trading at 69.2% of its 52-week high of $29.98,
and 141.4% above its 52-week low of $8.59. ReneSola Ltd. (ADR) (NYSE:SOL) is the
sixth most oversold U.S.-listed Chinese stock on Dec. 13. It was down 6.1% on
the day. SOLs upside potential is 84.6% based on brokerage analysts average
target price of $2.86. It is trading at 11.7% of its 52-week high of $13.25, and
6.2% above its 52-week low of $1.46. E Commerce China Dangdang Inc (ADR)
(NYSE:DANG) is the seventh most oversold U.S.-listed Chinese stock on Dec. 13.
It was down 5.5% on the day. DANGs upside potential is 110.9% based on brokerage
analysts average target price of $9.83. It is trading at 12.8% of its 52-week
high of $36.40, and 6.9% above its 52-week low of $4.36. JA Solar Holdings Co.,
Ltd. (ADR) (NASDAQ:JASO) is the eighth most oversold U.S.-listed Chinese stock
on Dec. 13. It was down 5.3% on the day. JASOs upside potential is 119.9% based
on brokerage analysts average target price of $3.14. It is trading at 16.7% of
its 52-week high of $8.57, and 2.1% above its 52-week low of $1.40.
AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the ninth most oversold U.S.-listed
Chinese stock on Dec. 13. It was down 5.2% on the day. ASIAs upside potential is
117.7% based on brokerage analysts average target price of $17.44. It is trading
at 35.0% of its 52-week high of $22.91, and 29.0% above its 52-week low of
$6.21. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 10th most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 5.1% on the day. FMCNs upside
potential is 97.2% based on brokerage analysts average target price of $40.23.
It is trading at 54.3% of its 52-week high of $37.58, and 132.1% above its
52-week low of $8.79. Sohu.com Inc. (NASDAQ:SOHU) is the 11th most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 5.0% on the day. SOHUs upside
potential is 64.3% based on brokerage analysts average target price of $78.38.
It is trading at 43.6% of its 52-week high of $109.37, and 2.9% above its
52-week low of $46.35. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the
12th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 5.0% on the
day. EJs upside potential is 149.4% based on brokerage analysts average target
price of $10.97. It is trading at 27.1% of its 52-week high of $16.25, and 1.1%
above its 52-week low of $4.35. Home Inns & Hotels Management Inc. (ADR)
(NASDAQ:HMIN) is the 13th most oversold U.S.-listed Chinese stock on Dec. 13. It
was down 4.9% on the day. HMINs upside potential is 68.3% based on brokerage
analysts average target price of $47.69. It is trading at 63.2% of its 52-week
high of $44.86, and 28.2% above its 52-week low of $22.09. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the 14th most oversold U.S.-listed Chinese
stock on Dec. 13. It was down 4.3% on the day. VITs upside potential is 83.3%
based on brokerage analysts average target price of $18.24. It is trading at
26.2% of its 52-week high of $37.99, and 60.7% above its 52-week low of $6.19.
China Kanghui Holdings (ADR) (NYSE:KH) is the 15th most oversold U.S.-listed
Chinese stock on Dec. 13. It was down 4.3% on the day. KHs upside potential is
82.9% based on brokerage analysts average target price of $24.75. It is trading
at 51.1% of its 52-week high of $26.50, and 0.0% above its 52-week low of
$13.53. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 16th most oversold
U.S.-listed Chinese stock on Dec. 13. It was down 4.2% on the day. BIDUs upside
potential is 50.4% based on brokerage analysts average target price of $183.86.
It is trading at 73.6% of its 52-week high of $165.96, and 29.6% above its
52-week low of $94.33. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the
17th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.8% on the
day. EDUs upside potential is 54.3% based on brokerage analysts average target
price of $35.30. It is trading at 65.8% of its 52-week high of $34.77, and 11.0%
above its 52-week low of $20.61. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is
the 18th most oversold U.S.-listed Chinese stock on Dec. 13. It was down 3.3% on
the day. PWRDs upside potential is 129.0% based on brokerage analysts average
target price of $24.00. It is trading at 36.0% of its 52-week high of $29.10,
and 16.4% above its 52-week low of $9.00. China Real Estate Information Corp
(NASDAQ:CRIC) is the 19th most oversold U.S.-listed Chinese stock on Dec. 13. It
was down 3.0% on the day. CRICs upside potential is 107.5% based on brokerage
analysts average target price of $8.05. It is trading at 39.2% of its 52-week
high of $9.89, and 5.4% above its 52-week low of $3.68. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 20th most oversold U.S.-listed
Chinese stock on Dec. 13. It was down 3.0% on the day. MPELs upside potential is
76.1% based on brokerage analysts average target price of $15.37. It is trading
at 54.1% of its 52-week high of $16.15, and 57.3% above its 52-week low of
$5.55.
Verizon Buying Netflix Wouldn’t Be So Crazy
Takeover rumors are giving Netflix (NASDAQ: NFLX ) shares a sudden lift this
week. The stock was up 2.5% on Tuesday morning (then faded by midday) after
leaping more than 8% on Tuesday. Whos buying? Verizon (NYSE: VZ ), if you
believe the so-far sketchy reports that are floating around. And as far-fetched
as it might sound, it would actually be a sensible deal. Heres what we know at
this point. A Dec. 6 Reuters
week. The stock was up 2.5% on Tuesday morning (then faded by midday) after
leaping more than 8% on Tuesday. Whos buying? Verizon (NYSE: VZ ), if you
believe the so-far sketchy reports that are floating around. And as far-fetched
as it might sound, it would actually be a sensible deal. Heres what we know at
this point. A Dec. 6 Reuters
Gold Price Closed at $1,727.90, I'm Waiting a Day or Two to Take Advantage of Lower Prices
Gold Price Close Today : 1727.90 Change : (2.80) or -0.2% Silver Price Close
Today : 3119.50 Change : 26.00 cents or 0.8% Gold Silver Ratio Today : 55.390
Change : -0.556 or -1.0% Silver Gold Ratio Today : 0.01805 Change : 0.000179 or
1.0% Platinum Price Close Today : 1474.80 Change : 0.00 or 0.0% Palladium Price
Close Today : 643.10 Change : -16.80 or -2.5% S&P 500 : 1,225.73 Change : -10.74
or -0.9% Dow In GOLD$ : $143.02 Change : $ (0.57) or -0.4% Dow in GOLD oz :
6.919 Change : -0.028 or -0.4% Dow in SILVER oz : 383.23 Change : -5.43 or -1.4%
Dow Industrial : 11,954.94 Change : -68.45 or -0.6% US Dollar Index : 80.27
Change : 0.733 or 0.9% The GOLD PRICE and SILVER PRICE blew hot and cold out of
both sides of their mouths today, and then the Dufuss-effect took hold. GOLD
dropped $4.30 to close Comex at $1,659.90. SILVER rose -- probably on
short-covering -- 26c to 3119.5c. Ahh, but post-Dufusses they broke down. Silver
lost 45c to 3074.5c and the GOLD PRICE gave up another $28.40 in the aftermarket
to $1,631.50. Gold has now sliced through its 150 DMA ($1,665) and set its
sights on the 200 DMA (now $1,614). Support at $1,600 might catch gold and stop
it, but the deflation scare could also drive it further. If it can't hold at
$1,600 then $1,535 becomes likely. I have the same problem y'all do. If I shoot
all my cash ammunition here, I won't have anything left to take advantage of
lower prices. I feel safer watching it a day or two. The SILVER PRICE 's next
support down below lies around 3050c. Low today was 3038.7. Last low (November)
was 3065. Look the worst square in the eye: silver could easily drop to 2615.
Below that lies not much to stop its fall before it reaches 2000c. Yet there is
also reason to suspect silver might catch a hand hold at 2900c. We just have to
be patient here and let the market tell us what it intends. Right now it's
keeping its cards too close to its breast to divine its ultimate intentions.
Then there are those surprise parties to consider. You never know when or what
governments will do next. I've been talking to metals dealers about the MF
Global debacle, because many of them are hedgers and had accounts with MFG. My
guess is they'll be a lot less likely in the future to leave money with any
broker. Then, too, if they can't hedge, they must sell what they buy instead of
holding it hedged. That can put downward pressure on prices, but more likely it
could widen out the spread between buy and sell. We are seeing come to pass what
I have long anticipated. Paper markets are unraveling. Now the very structure of
the market itself must be questioned. In the bull market that peaked in 1980,
paper (futures) prices drove silver and gold market. This time around, I think
it will be more important to have actual physical possession, and that will
means the physical price would be driving the market as the "real price", not
the futures. We already saw that happen in the 2008 panic, when paper silver
prices were 33% or more below physicals prices (physical silver carried a 50%
premium over the paper price). Now, if some big entity that claims to have
beaucoup silver stored suddenly goes belly up like John Corzine sent MFG belly
up, well, who'll want "stored" silver then? If yesterday saw another
Euro-bobble, today saw another Fed-bobble. The dufusses in charge, who are
apparently kept incommunicado in the basement of the Fed Building, announced
that things were "jes' fine!" and they didn't need to turn a peg for the
economy. Now while I will vehemently defend the proposition that they are
correct in not doing a blessed thing, and would be even correcter if they shut
down the whole operation forever and went fishing, inaction was NOT what markets
wanted to hear. Is concluding that markets dropped because of the Fed's
announcement the post hoc ergo propter hoc logical error? Are y'all kidding me?
Markets have been trained to believe that their salvation comes only from the
Fed, and if the Fed won't act, then who will save them? Sure won't be me, any
more than it will be the Fed, in point of fact. But enough of this fun. I can
always count on some official lamebrain somewhere in the world to furnish more
fodder for my ridicule machine than I can possibly process in a single
commentary. Can't help it, they make themselves ridiculous. Let's look at stocks
first. In a word, they're sunk. Sinking below 12,000 today broke the back of
more investors' morale. Tomorrow the Dow will break that 11,950, and its 200 day
moving average (11,943) and tomorrow or the next day will slam to 11,600, then
11,400, then 11,200, and below that, 10,400. Ohh, it hurts to think about it.
Dow today dropped 68.45 (0.55%) to close at 11,954.94. S&P 500 trotted right
along beside it dropping 10.74 (0.87%) to 1,225.73. The Fed has created an
addict. Together with the yankee government, it has created a market that is as
addicted to inflation, Quantitative Easing, and all the other nicey-nice names
for printing money as a meth-head is to meth. You tell a meth-head you aren't
giving him any meth and to put down that two liter soft-drink bottle and stop
shaking it, and he won't thank you. A nation, no, a world of meth-heads. That's
what central banks have created. Y'all don't even want to think about currencies
today. Dollar burst through that 79.80 resistance left by the last two tops and
jumped 73.3 basis points, a perfervid 0.94%, to 80.267. And that leap took
place? Right, about the time the Dufusses opened their mouths. Dollar's moving
higher. Dollar now targets the late 2010 low at 81.44, no stretch at all from
here. Above that is 83.50, and then 88.71. At that level the entire universe
will be writhing, screaming, and begging for a lower dollar. Y'all know what
this is? Not only financial panic out of Europe, THIS IS THE DEFLATION SCARE.
Now the gurus will gurate, the mavens will mavinate, and the pundits will
pander, all about how deflation is here and it's the bogeyman who will eat you
up! Looking at the institutions built over the last 80 years with no purpose
save to inflate, there's about as much chance of deflation as there is of my
winning the Miss America swimsuit competition in my red long johns. But you will
hear the media bloviate about it, and at last the Fed and its cronies will ride
their printing presses to the rescue. I'm sorry. They're lamebrains are so
active today that I feel like a dung beetle at a bull sale. There's just so much
material, I don't know where to start or stop. The Euro broke down
significantly, shattering that 1.3200 support and closed down a jumbo 1.13% at
1.3034. Now in sight is 1.2500. Thanks, Dufusses. Japanese yen closed down, too,
a tee-tiny 0.06% to 128.25c/Y100 (Y77.97/$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$-denominated assets, primary trend down;
real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be
advised and warned: Do NOT use these commentaries to trade futures contracts. I
don't intend them for that or write them with that short term trading outlook. I
write them for long-term investors in physical metals. Take them as
entertainment, but not as a timing service for futures. NOR do I recommend
investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical
metal and I fear one day one or another may go up in smoke. Unless you can
breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of
traps. NOR do I recommend trading futures options or other leveraged paper gold
and silver products. These are not for the inexperienced. NOR do I recommend
buying gold and silver on margin or with debt. What DO I recommend? Physical
gold and silver coins and bars in your own hands. One final warning: NEVER
insert a 747 Jumbo Jet up your nose.
Today : 3119.50 Change : 26.00 cents or 0.8% Gold Silver Ratio Today : 55.390
Change : -0.556 or -1.0% Silver Gold Ratio Today : 0.01805 Change : 0.000179 or
1.0% Platinum Price Close Today : 1474.80 Change : 0.00 or 0.0% Palladium Price
Close Today : 643.10 Change : -16.80 or -2.5% S&P 500 : 1,225.73 Change : -10.74
or -0.9% Dow In GOLD$ : $143.02 Change : $ (0.57) or -0.4% Dow in GOLD oz :
6.919 Change : -0.028 or -0.4% Dow in SILVER oz : 383.23 Change : -5.43 or -1.4%
Dow Industrial : 11,954.94 Change : -68.45 or -0.6% US Dollar Index : 80.27
Change : 0.733 or 0.9% The GOLD PRICE and SILVER PRICE blew hot and cold out of
both sides of their mouths today, and then the Dufuss-effect took hold. GOLD
dropped $4.30 to close Comex at $1,659.90. SILVER rose -- probably on
short-covering -- 26c to 3119.5c. Ahh, but post-Dufusses they broke down. Silver
lost 45c to 3074.5c and the GOLD PRICE gave up another $28.40 in the aftermarket
to $1,631.50. Gold has now sliced through its 150 DMA ($1,665) and set its
sights on the 200 DMA (now $1,614). Support at $1,600 might catch gold and stop
it, but the deflation scare could also drive it further. If it can't hold at
$1,600 then $1,535 becomes likely. I have the same problem y'all do. If I shoot
all my cash ammunition here, I won't have anything left to take advantage of
lower prices. I feel safer watching it a day or two. The SILVER PRICE 's next
support down below lies around 3050c. Low today was 3038.7. Last low (November)
was 3065. Look the worst square in the eye: silver could easily drop to 2615.
Below that lies not much to stop its fall before it reaches 2000c. Yet there is
also reason to suspect silver might catch a hand hold at 2900c. We just have to
be patient here and let the market tell us what it intends. Right now it's
keeping its cards too close to its breast to divine its ultimate intentions.
Then there are those surprise parties to consider. You never know when or what
governments will do next. I've been talking to metals dealers about the MF
Global debacle, because many of them are hedgers and had accounts with MFG. My
guess is they'll be a lot less likely in the future to leave money with any
broker. Then, too, if they can't hedge, they must sell what they buy instead of
holding it hedged. That can put downward pressure on prices, but more likely it
could widen out the spread between buy and sell. We are seeing come to pass what
I have long anticipated. Paper markets are unraveling. Now the very structure of
the market itself must be questioned. In the bull market that peaked in 1980,
paper (futures) prices drove silver and gold market. This time around, I think
it will be more important to have actual physical possession, and that will
means the physical price would be driving the market as the "real price", not
the futures. We already saw that happen in the 2008 panic, when paper silver
prices were 33% or more below physicals prices (physical silver carried a 50%
premium over the paper price). Now, if some big entity that claims to have
beaucoup silver stored suddenly goes belly up like John Corzine sent MFG belly
up, well, who'll want "stored" silver then? If yesterday saw another
Euro-bobble, today saw another Fed-bobble. The dufusses in charge, who are
apparently kept incommunicado in the basement of the Fed Building, announced
that things were "jes' fine!" and they didn't need to turn a peg for the
economy. Now while I will vehemently defend the proposition that they are
correct in not doing a blessed thing, and would be even correcter if they shut
down the whole operation forever and went fishing, inaction was NOT what markets
wanted to hear. Is concluding that markets dropped because of the Fed's
announcement the post hoc ergo propter hoc logical error? Are y'all kidding me?
Markets have been trained to believe that their salvation comes only from the
Fed, and if the Fed won't act, then who will save them? Sure won't be me, any
more than it will be the Fed, in point of fact. But enough of this fun. I can
always count on some official lamebrain somewhere in the world to furnish more
fodder for my ridicule machine than I can possibly process in a single
commentary. Can't help it, they make themselves ridiculous. Let's look at stocks
first. In a word, they're sunk. Sinking below 12,000 today broke the back of
more investors' morale. Tomorrow the Dow will break that 11,950, and its 200 day
moving average (11,943) and tomorrow or the next day will slam to 11,600, then
11,400, then 11,200, and below that, 10,400. Ohh, it hurts to think about it.
Dow today dropped 68.45 (0.55%) to close at 11,954.94. S&P 500 trotted right
along beside it dropping 10.74 (0.87%) to 1,225.73. The Fed has created an
addict. Together with the yankee government, it has created a market that is as
addicted to inflation, Quantitative Easing, and all the other nicey-nice names
for printing money as a meth-head is to meth. You tell a meth-head you aren't
giving him any meth and to put down that two liter soft-drink bottle and stop
shaking it, and he won't thank you. A nation, no, a world of meth-heads. That's
what central banks have created. Y'all don't even want to think about currencies
today. Dollar burst through that 79.80 resistance left by the last two tops and
jumped 73.3 basis points, a perfervid 0.94%, to 80.267. And that leap took
place? Right, about the time the Dufusses opened their mouths. Dollar's moving
higher. Dollar now targets the late 2010 low at 81.44, no stretch at all from
here. Above that is 83.50, and then 88.71. At that level the entire universe
will be writhing, screaming, and begging for a lower dollar. Y'all know what
this is? Not only financial panic out of Europe, THIS IS THE DEFLATION SCARE.
Now the gurus will gurate, the mavens will mavinate, and the pundits will
pander, all about how deflation is here and it's the bogeyman who will eat you
up! Looking at the institutions built over the last 80 years with no purpose
save to inflate, there's about as much chance of deflation as there is of my
winning the Miss America swimsuit competition in my red long johns. But you will
hear the media bloviate about it, and at last the Fed and its cronies will ride
their printing presses to the rescue. I'm sorry. They're lamebrains are so
active today that I feel like a dung beetle at a bull sale. There's just so much
material, I don't know where to start or stop. The Euro broke down
significantly, shattering that 1.3200 support and closed down a jumbo 1.13% at
1.3034. Now in sight is 1.2500. Thanks, Dufusses. Japanese yen closed down, too,
a tee-tiny 0.06% to 128.25c/Y100 (Y77.97/$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.
Gold, Silver Sink after Fed Meeting
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Precious metals headed to fresh 7-week lows after the Federal Reserve announced no changes in monetary policy at its latest Federal Open Market Committee (FOMC) meeting. Gold futures, per the February 2012 contract, tumbled $31.00, or 1.9%, to $1,637.20 per ounce this afternoon.
Top-Performing U.S.-Listed Chinese Stocks (Dec 13, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Seaspan Corporation (NYSE:SSW) is the best-performing U.S.-listed Chinese stock on Dec. 13. It was up 16.4% on the day. SSW's upside potential is 48.0% based on brokerage analysts' average target price of $18.00. It is trading at 57.0% of its 52-week high of $21.33, and 19.1% above its 52-week low of $10.21. CNinsure Inc. (ADR) (NASDAQ:CISG) is the second best-performing U.S.-listed Chinese stock on Dec. 13. It was up 3.7% on the day. CISG's upside potential is 193.8% based on brokerage analysts' average target price of $20.36. It is trading at 33.2% of its 52-week high of $20.88, and 31.2% above its 52-week low of $5.28. Phoenix New Media Ltd ADR (NYSE:FENG) is the third best-performing U.S.-listed Chinese stock on Dec. 13. It was up 3.1% on the day. FENG's upside potential is 78.1% based on brokerage analysts' average target price of $10.67. It is trading at 39.7% of its 52-week high of $15.09, and 42.6% above its 52-week low of $4.20. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the fourth best-performing U.S.-listed Chinese stock on Dec. 13. It was up 1.6% on the day. HTHT's upside potential is 59.1% based on brokerage analysts' average target price of $21.82. It is trading at 56.0% of its 52-week high of $24.47, and 14.3% above its 52-week low of $12.00. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the fifth best-performing U.S.-listed Chinese stock on Dec. 13. It was up 1.6% on the day. CTRP's upside potential is 87.6% based on brokerage analysts' average target price of $44.30. It is trading at 46.7% of its 52-week high of $50.57, and 3.4% above its 52-week low of $22.84. Giant Interactive Group Inc (ADR) (NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Dec. 13. It was up 1.5% on the day. GA's upside potential is 73.2% based on brokerage analysts' average target price of $6.98. It is trading at 42.6% of its 52-week high of $9.45, and 33.4% above its 52-week low of $3.02. Huaneng Power International, Inc. (ADR) (NYSE:HNP) is the seventh best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.9% on the day. HNP's upside potential is 19.8% based on brokerage analysts' average target price of $23.32. It is trading at 81.3% of its 52-week high of $23.94, and 26.0% above its 52-week low of $15.45. Shanda Games Limited(ADR) (NASDAQ:GAME) is the eighth best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.9% on the day. GAME's upside potential is 52.3% based on brokerage analysts' average target price of $6.65. It is trading at 56.8% of its 52-week high of $7.70, and 26.3% above its 52-week low of $3.46. 21Vianet Group Inc (NASDAQ:VNET) is the ninth best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.6% on the day. VNET's upside potential is 99.0% based on brokerage analysts' average target price of $17.89. It is trading at 40.3% of its 52-week high of $22.33, and 8.2% above its 52-week low of $8.31. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the 10th best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.5% on the day. ISS's upside potential is 103.3% based on brokerage analysts' average target price of $17.20. It is trading at 37.4% of its 52-week high of $22.63, and 49.5% above its 52-week low of $5.66. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 11th best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.1% on the day. SCR's upside potential is 35.8% based on brokerage analysts' average target price of $9.98. It is trading at 53.5% of its 52-week high of $13.75, and 3.1% above its 52-week low of $7.13. China Mobile Ltd. (ADR) (NYSE:CHL) is the 12th best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.0% on the day. CHL's upside potential is 4.2% based on brokerage analysts' average target price of $49.97. It is trading at 92.2% of its 52-week high of $51.98, and 10.2% above its 52-week low of $43.51. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the 13th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.2% on the day. SNDA's upside potential is -0.8% based on brokerage analysts' average target price of $39.66. It is trading at 73.7% of its 52-week high of $54.20, and 40.5% above its 52-week low of $28.44. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 14th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.4% on the day. SNP's upside potential is 20.6% based on brokerage analysts' average target price of $122.20. It is trading at 90.6% of its 52-week high of $111.92, and 22.9% above its 52-week low of $82.50. CNOOC Limited (ADR) (NYSE:CEO) is the 15th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.7% on the day. CEO's upside potential is 19.7% based on brokerage analysts' average target price of $221.93. It is trading at 68.2% of its 52-week high of $271.94, and 31.2% above its 52-week low of $141.27. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 16th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.8% on the day. NOAH's upside potential is 165.5% based on brokerage analysts' average target price of $19.96. It is trading at 36.5% of its 52-week high of $20.58, and 14.6% above its 52-week low of $6.56. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 17th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.9% on the day. JOBS's upside potential is 46.4% based on brokerage analysts' average target price of $64.50. It is trading at 63.1% of its 52-week high of $69.80, and 20.3% above its 52-week low of $36.62. Jiayuan.com International Ltd (NASDAQ:DATE) is the 18th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.9% on the day. DATE's upside potential is 131.6% based on brokerage analysts' average target price of $15.22. It is trading at 40.8% of its 52-week high of $16.12, and 0.3% above its 52-week low of $6.55. PetroChina Company Limited (ADR) (NYSE:PTR) is the 19th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 1.1% on the day. PTR's upside potential is 26.6% based on brokerage analysts' average target price of $150.67. It is trading at 74.9% of its 52-week high of $158.83, and 7.0% above its 52-week low of $111.29. Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) is the 20th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 1.2% on the day. CCSC's upside potential is 47.0% based on brokerage analysts' average target price of $12.12. It is trading at 29.6% of its 52-week high of $27.88, and 2.1% above its 52-week low of $8.08.
Retail Stocks Follow Best Buy’s Lead — Tuesday’s IP Market Recap
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace A rough Tuesday for Best Buy (NYSE: BBY ) had the rest of the retail sector moaning and groaning right alongside on a generally lackluster day for the broader markets. The electronics retailer sank about 15% Tuesday to $23.73 after lousy third-quarter earnings that saw higher revenues but a 13% drop in profits, suggesting that Best Buy was far too generous with its deals this holiday season, dampening its margins. BBY also gave a gloomy forecast for 2012, saying same-store sales would be flat — at best. Best Buy's announcement made a poor pairing with the other retail news du jour — that overall sales were up just 0.2% in November, far less than expected — and had retail stocks running in retreat. The SPDR S&P Retail ETF (NYSE: XRT ) dropped almost 3% Tuesday, and numerous retailers like RadioShack (NYSE: RSH , -7.18%), Sears Holdings (NASDAQ: SHLD , -5.12%) and Macy's (NYSE: M , -4.98%) got burned. Even online e-tailing giant Amazon (NASDAQ: AMZN ) got in on the act, dropping 4.75% to $180.51. The rest of the market was brought down near day's end by governmental non-news, with the Federal Reserve saying it would keep interest rates steady through mid-2013 and offering no other economic help for now. The Dow Jones had climbed more than 100 points throughout the day but finished in the red by more than 60 points, brought down by big names like Alcoa (NYSE: AA , -3.32%), Caterpillar (NYSE: CAT , -2.42%) and Bank of America (NYSE: BAC , -2.39%). Three Up Pandora (NYSE: P ): Up 6.45% (64 cents) to $10.57. ( Read more about Pandora here. ) Urban Outfitters (NASDAQ: URBN ): Up 5.33% ($1.41) to $27.87. Groupon (NASDAQ: GRPN ): Up 4.81% ($1.07) to $23.32. Three Down Green Mountain Coffee Roasters (NASDAQ: GMCR ): Down 12.48% ($6.54) to $49.95. Endocyte (NASDAQ: ECYT ): Down 10.97% ($6.72) to $3.57. Morgan Stanley (NYSE: MS ): Down 8% (21 cents) to $15.17. 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 .
Top Mining Picks Of Gold-Focused Van Eck Fund
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea Top Mining Picks Of Gold-Focused Van Eck Fund Seeking Alpha – 7 minutes ago New York-based Van Eck Associates is an investment firm with $35 billion in assets under management in mutual funds, hedge funds and ETFs that is focused on investments in the basic materials …
Taiwan: Almost Ready for Prime Time!
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace When I was growing up, the "Made in Taiwan" stamp was a reason for derision, as it denoted inferior quality goods. But those initial exports — which began stepping up in the 1960s — set the stage for the Taiwan of today: a growing economy, fueled by advancements in technology. While China garners most of the attention of investors trying to cash in on Asia’s tremendous growth of the past few decades, investors would be amiss not to recognize the growing importance of Taiwan on the world stage. As I've pointed out in a recent article , in 2010, Taiwan was the fourth-fastest-growing economy in the world, with a GDP improvement of 10.8%. The slow global recovery took a bite out of that expansion this year, but Taiwan's GDP growth still is estimated to come in at about 4.5%, followed by a 4.2% increase next year. From a largely agrarian economy, Taiwan's electronics and tech products now lead the country's exports and are forecast to rise by 3% to 5% next year. Taiwan supplies the majority of contract computer chip manufacturing (foundry services) to the world and also is one of the leading manufacturers of LCD panels. Taiwan also is one of the top manufacturers of DRAM computer memory, networking equipment and consumer electronics. China is the biggest buyer and supplier to Taiwan, accounting for 28% and 13.2% of its exports and imports, respectively. But the U.S. accounts for 11.4% of Taiwan's exports and is its third-largest trading partner, scooping up as many electronics and consumer goods that our money can buy. An additional boon to Taiwan's economy is from the growing significance of its foreign direct investment (FDI). In 2010, Taiwan was tied for No. 29 in global accumulated FDI, with about $111 billion currently in-country. In just 10 years — since its accession to the World Trade Organization — the country has more than doubled the $44.8 billion it received during the almost 50-year period from 1952 to 2000! The entry to the WTO has been the biggest boost to FDI, but the Taiwanese government also treats foreign firms very well, including offering mostly unrestricted trade-related capital flows, abolishing the 50% foreign ownership limit in 2001 (for most industries), and lifting the amount of portfolio investment in the majority of companies listed on the Taiwan Stock Exchange. The government also offers investment incentives for monies put to work in several areas, including energy conservation and emerging or strategic industries. Another huge impact on Taiwan's growth was the 2010 Economic Cooperation Framework Agreement the country inked with China to cut tariffs to expand trade between the two nations. It’s working well, with China bringing in about $130 million to Taiwan last year. And Taiwan now is going to allow Chinese investors to buy up to 10% in Taiwanese tech companies and up to 50% in new tech-sector joint ventures — sure to spur even more expansion. Consequently, foreign investment in Taiwan is booming. Through August of this year, FDI rose 13.04%, or $2.95 billion, over 2010. Most of that FDI is in the electronics and electrical industries, but funds also are being directed toward the banking and insurance services, chemicals, trade and basic metals. About 400 foreign companies operate in Taiwan, and about 100 have set up a regional headquarters in the country — a number that is expected to rise to 300 by 2015, according to a recent government report. Those companies include Applied Materials (NASDAQ: AMAT ), the world’s largest producer of chipmaking equipment in the U.S., and ASML Holding N.V. (NASDAQ: ASML ), Europe’s biggest semiconductor-equipment maker.
Google Inc. (NASDAQ:GOOG) Finds Malware In Android Market
Google Inc. (NASDAQ:GOOG) has removed malware-infected apps from its Android
Market. Google Inc. (NASDAQ:GOOG) Finds Malware In Android Market The online
giant Google Inc. (NASDAQ:GOOG) has removed 22 apps from its Android Market due
to an attack of RuFraude, a malware that charges users for text messages. The
malware is targeted towards users from Eastern Europe and central Asian
countries. The first app was a horoscope based app, and when it was removed from
the market, new apps including Android phone wallpapers appeared. New versions
include fake versions of "Angry Birds" and other popular games. A Google
Inc. (NASDAQ:GOOG) spokesman said, "Its not possible for a user to install the
app without approving this permission to allow the app to send premium SMS
messages". Google Inc. (NASDAQ:GOOG) company shares are currently standing at
625.39. Price History Last Price: 625.39 52 Week Low / High: 473.02 / 642.96 50
Day Moving Average: 582.91 6 Month Price Change %: 23.1% 12 Month Price Change
%: 6.1%
Market. Google Inc. (NASDAQ:GOOG) Finds Malware In Android Market The online
giant Google Inc. (NASDAQ:GOOG) has removed 22 apps from its Android Market due
to an attack of RuFraude, a malware that charges users for text messages. The
malware is targeted towards users from Eastern Europe and central Asian
countries. The first app was a horoscope based app, and when it was removed from
the market, new apps including Android phone wallpapers appeared. New versions
include fake versions of "Angry Birds" and other popular games. A Google
Inc. (NASDAQ:GOOG) spokesman said, "Its not possible for a user to install the
app without approving this permission to allow the app to send premium SMS
messages". Google Inc. (NASDAQ:GOOG) company shares are currently standing at
625.39. Price History Last Price: 625.39 52 Week Low / High: 473.02 / 642.96 50
Day Moving Average: 582.91 6 Month Price Change %: 23.1% 12 Month Price Change
%: 6.1%
Gold, Silver Sink after Fed Meeting
Precious metals headed to fresh 7-week lows after the Federal Reserve announced
no changes in monetary policy at its latest Federal Open Market Committee (FOMC)
meeting. Gold futures, per the February 2012 contract, tumbled $31.00, or 1.9%,
to $1,637.20 per ounce this afternoon.
no changes in monetary policy at its latest Federal Open Market Committee (FOMC)
meeting. Gold futures, per the February 2012 contract, tumbled $31.00, or 1.9%,
to $1,637.20 per ounce this afternoon.
Retail Stocks Follow Best Buy’s Lead — Tuesday’s IP Market Recap
A rough Tuesday for Best Buy (NYSE: BBY ) had the rest of the retail sector
moaning and groaning right alongside on a generally lackluster day for the
broader markets. The electronics retailer sank about 15% Tuesday to $23.73 after
lousy third-quarter earnings that saw higher revenues but a 13% drop in profits,
suggesting that Best Buy was far too generous with its deals this holiday
season, dampening its margins. BBY also gave a gloomy forecast for 2012, saying
same-store sales would be flat at best. Best Buy's announcement made a poor
pairing with the other retail news du jour that overall sales were up just 0.2%
in November, far less than expected and had retail stocks running in retreat.
The SPDR S&P Retail ETF (NYSE: XRT ) dropped almost 3% Tuesday, and numerous
retailers like RadioShack (NYSE: RSH , -7.18%), Sears Holdings (NASDAQ: SHLD ,
-5.12%) and Macy's (NYSE: M , -4.98%) got burned. Even online e-tailing giant
Amazon (NASDAQ: AMZN ) got in on the act, dropping 4.75% to $180.51. The rest of
the market was brought down near day's end by governmental non-news, with the
Federal Reserve saying it would keep interest rates steady through mid-2013 and
offering no other economic help for now. The Dow Jones had climbed more than 100
points throughout the day but finished in the red by more than 60 points,
brought down by big names like Alcoa (NYSE: AA , -3.32%), Caterpillar (NYSE: CAT
, -2.42%) and Bank of America (NYSE: BAC , -2.39%). Three Up Pandora (NYSE: P ):
Up 6.45% (64 cents) to $10.57. ( Read more about Pandora here. ) Urban
Outfitters (NASDAQ: URBN ): Up 5.33% ($1.41) to $27.87. Groupon (NASDAQ: GRPN ):
Up 4.81% ($1.07) to $23.32. Three Down Green Mountain Coffee Roasters (NASDAQ:
GMCR ): Down 12.48% ($6.54) to $49.95. Endocyte (NASDAQ: ECYT ): Down 10.97%
($6.72) to $3.57. Morgan Stanley (NYSE: MS ): Down 8% (21 cents) to $15.17. 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 .
moaning and groaning right alongside on a generally lackluster day for the
broader markets. The electronics retailer sank about 15% Tuesday to $23.73 after
lousy third-quarter earnings that saw higher revenues but a 13% drop in profits,
suggesting that Best Buy was far too generous with its deals this holiday
season, dampening its margins. BBY also gave a gloomy forecast for 2012, saying
same-store sales would be flat at best. Best Buy's announcement made a poor
pairing with the other retail news du jour that overall sales were up just 0.2%
in November, far less than expected and had retail stocks running in retreat.
The SPDR S&P Retail ETF (NYSE: XRT ) dropped almost 3% Tuesday, and numerous
retailers like RadioShack (NYSE: RSH , -7.18%), Sears Holdings (NASDAQ: SHLD ,
-5.12%) and Macy's (NYSE: M , -4.98%) got burned. Even online e-tailing giant
Amazon (NASDAQ: AMZN ) got in on the act, dropping 4.75% to $180.51. The rest of
the market was brought down near day's end by governmental non-news, with the
Federal Reserve saying it would keep interest rates steady through mid-2013 and
offering no other economic help for now. The Dow Jones had climbed more than 100
points throughout the day but finished in the red by more than 60 points,
brought down by big names like Alcoa (NYSE: AA , -3.32%), Caterpillar (NYSE: CAT
, -2.42%) and Bank of America (NYSE: BAC , -2.39%). Three Up Pandora (NYSE: P ):
Up 6.45% (64 cents) to $10.57. ( Read more about Pandora here. ) Urban
Outfitters (NASDAQ: URBN ): Up 5.33% ($1.41) to $27.87. Groupon (NASDAQ: GRPN ):
Up 4.81% ($1.07) to $23.32. Three Down Green Mountain Coffee Roasters (NASDAQ:
GMCR ): Down 12.48% ($6.54) to $49.95. Endocyte (NASDAQ: ECYT ): Down 10.97%
($6.72) to $3.57. Morgan Stanley (NYSE: MS ): Down 8% (21 cents) to $15.17. 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 .
Top-Performing U.S.-Listed Chinese Stocks (Dec 13, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Seaspan
Corporation (NYSE:SSW) is the best-performing U.S.-listed Chinese stock on Dec.
13. It was up 16.4% on the day. SSWs upside potential is 48.0% based on
brokerage analysts average target price of $18.00. It is trading at 57.0% of its
52-week high of $21.33, and 19.1% above its 52-week low of $10.21. CNinsure Inc.
(ADR) (NASDAQ:CISG) is the second best-performing U.S.-listed Chinese stock on
Dec. 13. It was up 3.7% on the day. CISGs upside potential is 193.8% based on
brokerage analysts average target price of $20.36. It is trading at 33.2% of its
52-week high of $20.88, and 31.2% above its 52-week low of $5.28. Phoenix New
Media Ltd ADR (NYSE:FENG) is the third best-performing U.S.-listed Chinese stock
on Dec. 13. It was up 3.1% on the day. FENGs upside potential is 78.1% based on
brokerage analysts average target price of $10.67. It is trading at 39.7% of its
52-week high of $15.09, and 42.6% above its 52-week low of $4.20. China Lodging
Group, Ltd (ADR) (NASDAQ:HTHT) is the fourth best-performing U.S.-listed Chinese
stock on Dec. 13. It was up 1.6% on the day. HTHTs upside potential is 59.1%
based on brokerage analysts average target price of $21.82. It is trading at
56.0% of its 52-week high of $24.47, and 14.3% above its 52-week low of $12.00.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the fifth best-performing
U.S.-listed Chinese stock on Dec. 13. It was up 1.6% on the day. CTRPs upside
potential is 87.6% based on brokerage analysts average target price of $44.30.
It is trading at 46.7% of its 52-week high of $50.57, and 3.4% above its 52-week
low of $22.84. Giant Interactive Group Inc (ADR) (NYSE:GA) is the sixth
best-performing U.S.-listed Chinese stock on Dec. 13. It was up 1.5% on the day.
GAs upside potential is 73.2% based on brokerage analysts average target price
of $6.98. It is trading at 42.6% of its 52-week high of $9.45, and 33.4% above
its 52-week low of $3.02. Huaneng Power International, Inc. (ADR) (NYSE:HNP) is
the seventh best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.9%
on the day. HNPs upside potential is 19.8% based on brokerage analysts average
target price of $23.32. It is trading at 81.3% of its 52-week high of $23.94,
and 26.0% above its 52-week low of $15.45. Shanda Games Limited(ADR)
(NASDAQ:GAME) is the eighth best-performing U.S.-listed Chinese stock on Dec.
13. It was up 0.9% on the day. GAMEs upside potential is 52.3% based on
brokerage analysts average target price of $6.65. It is trading at 56.8% of its
52-week high of $7.70, and 26.3% above its 52-week low of $3.46. 21Vianet Group
Inc (NASDAQ:VNET) is the ninth best-performing U.S.-listed Chinese stock on Dec.
13. It was up 0.6% on the day. VNETs upside potential is 99.0% based on
brokerage analysts average target price of $17.89. It is trading at 40.3% of its
52-week high of $22.33, and 8.2% above its 52-week low of $8.31. iSoftStone
Holdings Ltd (ADR) (NYSE:ISS) is the 10th best-performing U.S.-listed Chinese
stock on Dec. 13. It was up 0.5% on the day. ISSs upside potential is 103.3%
based on brokerage analysts average target price of $17.20. It is trading at
37.4% of its 52-week high of $22.63, and 49.5% above its 52-week low of $5.66.
Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 11th best-performing
U.S.-listed Chinese stock on Dec. 13. It was up 0.1% on the day. SCRs upside
potential is 35.8% based on brokerage analysts average target price of $9.98. It
is trading at 53.5% of its 52-week high of $13.75, and 3.1% above its 52-week
low of $7.13. China Mobile Ltd. (ADR) (NYSE:CHL) is the 12th best-performing
U.S.-listed Chinese stock on Dec. 13. It was up 0.0% on the day. CHLs upside
potential is 4.2% based on brokerage analysts average target price of $49.97. It
is trading at 92.2% of its 52-week high of $51.98, and 10.2% above its 52-week
low of $43.51. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the
13th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.2% on
the day. SNDAs upside potential is -0.8% based on brokerage analysts average
target price of $39.66. It is trading at 73.7% of its 52-week high of $54.20,
and 40.5% above its 52-week low of $28.44. China Petroleum & Chemical Corp.
(ADR) (NYSE:SNP) is the 14th best-performing U.S.-listed Chinese stock on Dec.
13. It was down 0.4% on the day. SNPs upside potential is 20.6% based on
brokerage analysts average target price of $122.20. It is trading at 90.6% of
its 52-week high of $111.92, and 22.9% above its 52-week low of $82.50. CNOOC
Limited (ADR) (NYSE:CEO) is the 15th best-performing U.S.-listed Chinese stock
on Dec. 13. It was down 0.7% on the day. CEOs upside potential is 19.7% based on
brokerage analysts average target price of $221.93. It is trading at 68.2% of
its 52-week high of $271.94, and 31.2% above its 52-week low of $141.27. Noah
Holdings Limited (ADR) (NYSE:NOAH) is the 16th best-performing U.S.-listed
Chinese stock on Dec. 13. It was down 0.8% on the day. NOAHs upside potential is
165.5% based on brokerage analysts average target price of $19.96. It is trading
at 36.5% of its 52-week high of $20.58, and 14.6% above its 52-week low of
$6.56. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 17th best-performing U.S.-listed
Chinese stock on Dec. 13. It was down 0.9% on the day. JOBSs upside potential is
46.4% based on brokerage analysts average target price of $64.50. It is trading
at 63.1% of its 52-week high of $69.80, and 20.3% above its 52-week low of
$36.62. Jiayuan.com International Ltd (NASDAQ:DATE) is the 18th best-performing
U.S.-listed Chinese stock on Dec. 13. It was down 0.9% on the day. DATEs upside
potential is 131.6% based on brokerage analysts average target price of $15.22.
It is trading at 40.8% of its 52-week high of $16.12, and 0.3% above its 52-week
low of $6.55. PetroChina Company Limited (ADR) (NYSE:PTR) is the 19th
best-performing U.S.-listed Chinese stock on Dec. 13. It was down 1.1% on the
day. PTRs upside potential is 26.6% based on brokerage analysts average target
price of $150.67. It is trading at 74.9% of its 52-week high of $158.83, and
7.0% above its 52-week low of $111.29. Country Syl Ckng Restaurant Chain Co Ltd
(NYSE:CCSC) is the 20th best-performing U.S.-listed Chinese stock on Dec. 13. It
was down 1.2% on the day. CCSCs upside potential is 47.0% based on brokerage
analysts average target price of $12.12. It is trading at 29.6% of its 52-week
high of $27.88, and 2.1% above its 52-week low of $8.08.
Corporation (NYSE:SSW) is the best-performing U.S.-listed Chinese stock on Dec.
13. It was up 16.4% on the day. SSWs upside potential is 48.0% based on
brokerage analysts average target price of $18.00. It is trading at 57.0% of its
52-week high of $21.33, and 19.1% above its 52-week low of $10.21. CNinsure Inc.
(ADR) (NASDAQ:CISG) is the second best-performing U.S.-listed Chinese stock on
Dec. 13. It was up 3.7% on the day. CISGs upside potential is 193.8% based on
brokerage analysts average target price of $20.36. It is trading at 33.2% of its
52-week high of $20.88, and 31.2% above its 52-week low of $5.28. Phoenix New
Media Ltd ADR (NYSE:FENG) is the third best-performing U.S.-listed Chinese stock
on Dec. 13. It was up 3.1% on the day. FENGs upside potential is 78.1% based on
brokerage analysts average target price of $10.67. It is trading at 39.7% of its
52-week high of $15.09, and 42.6% above its 52-week low of $4.20. China Lodging
Group, Ltd (ADR) (NASDAQ:HTHT) is the fourth best-performing U.S.-listed Chinese
stock on Dec. 13. It was up 1.6% on the day. HTHTs upside potential is 59.1%
based on brokerage analysts average target price of $21.82. It is trading at
56.0% of its 52-week high of $24.47, and 14.3% above its 52-week low of $12.00.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the fifth best-performing
U.S.-listed Chinese stock on Dec. 13. It was up 1.6% on the day. CTRPs upside
potential is 87.6% based on brokerage analysts average target price of $44.30.
It is trading at 46.7% of its 52-week high of $50.57, and 3.4% above its 52-week
low of $22.84. Giant Interactive Group Inc (ADR) (NYSE:GA) is the sixth
best-performing U.S.-listed Chinese stock on Dec. 13. It was up 1.5% on the day.
GAs upside potential is 73.2% based on brokerage analysts average target price
of $6.98. It is trading at 42.6% of its 52-week high of $9.45, and 33.4% above
its 52-week low of $3.02. Huaneng Power International, Inc. (ADR) (NYSE:HNP) is
the seventh best-performing U.S.-listed Chinese stock on Dec. 13. It was up 0.9%
on the day. HNPs upside potential is 19.8% based on brokerage analysts average
target price of $23.32. It is trading at 81.3% of its 52-week high of $23.94,
and 26.0% above its 52-week low of $15.45. Shanda Games Limited(ADR)
(NASDAQ:GAME) is the eighth best-performing U.S.-listed Chinese stock on Dec.
13. It was up 0.9% on the day. GAMEs upside potential is 52.3% based on
brokerage analysts average target price of $6.65. It is trading at 56.8% of its
52-week high of $7.70, and 26.3% above its 52-week low of $3.46. 21Vianet Group
Inc (NASDAQ:VNET) is the ninth best-performing U.S.-listed Chinese stock on Dec.
13. It was up 0.6% on the day. VNETs upside potential is 99.0% based on
brokerage analysts average target price of $17.89. It is trading at 40.3% of its
52-week high of $22.33, and 8.2% above its 52-week low of $8.31. iSoftStone
Holdings Ltd (ADR) (NYSE:ISS) is the 10th best-performing U.S.-listed Chinese
stock on Dec. 13. It was up 0.5% on the day. ISSs upside potential is 103.3%
based on brokerage analysts average target price of $17.20. It is trading at
37.4% of its 52-week high of $22.63, and 49.5% above its 52-week low of $5.66.
Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 11th best-performing
U.S.-listed Chinese stock on Dec. 13. It was up 0.1% on the day. SCRs upside
potential is 35.8% based on brokerage analysts average target price of $9.98. It
is trading at 53.5% of its 52-week high of $13.75, and 3.1% above its 52-week
low of $7.13. China Mobile Ltd. (ADR) (NYSE:CHL) is the 12th best-performing
U.S.-listed Chinese stock on Dec. 13. It was up 0.0% on the day. CHLs upside
potential is 4.2% based on brokerage analysts average target price of $49.97. It
is trading at 92.2% of its 52-week high of $51.98, and 10.2% above its 52-week
low of $43.51. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the
13th best-performing U.S.-listed Chinese stock on Dec. 13. It was down 0.2% on
the day. SNDAs upside potential is -0.8% based on brokerage analysts average
target price of $39.66. It is trading at 73.7% of its 52-week high of $54.20,
and 40.5% above its 52-week low of $28.44. China Petroleum & Chemical Corp.
(ADR) (NYSE:SNP) is the 14th best-performing U.S.-listed Chinese stock on Dec.
13. It was down 0.4% on the day. SNPs upside potential is 20.6% based on
brokerage analysts average target price of $122.20. It is trading at 90.6% of
its 52-week high of $111.92, and 22.9% above its 52-week low of $82.50. CNOOC
Limited (ADR) (NYSE:CEO) is the 15th best-performing U.S.-listed Chinese stock
on Dec. 13. It was down 0.7% on the day. CEOs upside potential is 19.7% based on
brokerage analysts average target price of $221.93. It is trading at 68.2% of
its 52-week high of $271.94, and 31.2% above its 52-week low of $141.27. Noah
Holdings Limited (ADR) (NYSE:NOAH) is the 16th best-performing U.S.-listed
Chinese stock on Dec. 13. It was down 0.8% on the day. NOAHs upside potential is
165.5% based on brokerage analysts average target price of $19.96. It is trading
at 36.5% of its 52-week high of $20.58, and 14.6% above its 52-week low of
$6.56. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 17th best-performing U.S.-listed
Chinese stock on Dec. 13. It was down 0.9% on the day. JOBSs upside potential is
46.4% based on brokerage analysts average target price of $64.50. It is trading
at 63.1% of its 52-week high of $69.80, and 20.3% above its 52-week low of
$36.62. Jiayuan.com International Ltd (NASDAQ:DATE) is the 18th best-performing
U.S.-listed Chinese stock on Dec. 13. It was down 0.9% on the day. DATEs upside
potential is 131.6% based on brokerage analysts average target price of $15.22.
It is trading at 40.8% of its 52-week high of $16.12, and 0.3% above its 52-week
low of $6.55. PetroChina Company Limited (ADR) (NYSE:PTR) is the 19th
best-performing U.S.-listed Chinese stock on Dec. 13. It was down 1.1% on the
day. PTRs upside potential is 26.6% based on brokerage analysts average target
price of $150.67. It is trading at 74.9% of its 52-week high of $158.83, and
7.0% above its 52-week low of $111.29. Country Syl Ckng Restaurant Chain Co Ltd
(NYSE:CCSC) is the 20th best-performing U.S.-listed Chinese stock on Dec. 13. It
was down 1.2% on the day. CCSCs upside potential is 47.0% based on brokerage
analysts average target price of $12.12. It is trading at 29.6% of its 52-week
high of $27.88, and 2.1% above its 52-week low of $8.08.
Big Changes For Microsoft Corporation (NASDAQ:MSFT) Windows Phone
Microsoft Corporation (NASDAQ:MSFT) has appointed a new head of its Windows
Phone business. Big Changes For Microsoft Corporation (NASDAQ:MSFT) Windows
Phone It has been reported that Microsoft Corporation (NASDAQ:MSFT) has promoted
Andy Lees as the new head for its mobile phone software group. Andrew Lees was
appointed to the new post overseeing the development of the Windows Phone
software and Windows 8, software that the company expects to release in 2012.
Steve Ballmer, Microsoft Corporation (NASDAQ:MSFT) Chief Executive, said that, I
have asked Andy Lees to move to a new role working for me on a time-critical
opportunity focused on driving maximum impact in 2012 with Windows Phone and
Windows 8. Microsoft Corporation (NASDAQ:MSFT) has tremendous potential with
Windows Phone and Windows 8, and this move sets us up to really deliver against
that potential. In the three years Andy has been leading the phone group,
we've come a long way. Microsoft Corporation (NASDAQ:MSFT) resets our
strategy, built a strong team that delivered [Windows Phone 7] and [the Mango
update] and created critical new partnerships and ecosystem around Windows
Phone. That is a ton of progress in a brief period of time, and I'm excited
for Terry and team to keep driving forward and for Andy to dig into a new
challenge". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.51 at the end of
the last days trading. Theres been a -0.2% movement in the stock price over the
past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion:
Moderate Buy Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months
Ago: 1.74 Zacks Rank: 27 out of 88 in the industry
Phone business. Big Changes For Microsoft Corporation (NASDAQ:MSFT) Windows
Phone It has been reported that Microsoft Corporation (NASDAQ:MSFT) has promoted
Andy Lees as the new head for its mobile phone software group. Andrew Lees was
appointed to the new post overseeing the development of the Windows Phone
software and Windows 8, software that the company expects to release in 2012.
Steve Ballmer, Microsoft Corporation (NASDAQ:MSFT) Chief Executive, said that, I
have asked Andy Lees to move to a new role working for me on a time-critical
opportunity focused on driving maximum impact in 2012 with Windows Phone and
Windows 8. Microsoft Corporation (NASDAQ:MSFT) has tremendous potential with
Windows Phone and Windows 8, and this move sets us up to really deliver against
that potential. In the three years Andy has been leading the phone group,
we've come a long way. Microsoft Corporation (NASDAQ:MSFT) resets our
strategy, built a strong team that delivered [Windows Phone 7] and [the Mango
update] and created critical new partnerships and ecosystem around Windows
Phone. That is a ton of progress in a brief period of time, and I'm excited
for Terry and team to keep driving forward and for Andy to dig into a new
challenge". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.51 at the end of
the last days trading. Theres been a -0.2% movement in the stock price over the
past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion:
Moderate Buy Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months
Ago: 1.74 Zacks Rank: 27 out of 88 in the industry
Taiwan: Almost Ready for Prime Time!
When I was growing up, the "Made in Taiwan" stamp was a reason for
derision, as it denoted inferior quality goods. But those initial exports which
began stepping up in the 1960s set the stage for the Taiwan of today: a growing
economy, fueled by advancements in technology. While China garners most of the
attention of investors trying to cash in on Asias tremendous growth of the past
few decades, investors would be amiss not to recognize the growing importance of
Taiwan on the world stage. As I've pointed out in a recent article , in 2010,
Taiwan was the fourth-fastest-growing economy in the world, with a GDP
improvement of 10.8%. The slow global recovery took a bite out of that expansion
this year, but Taiwan's GDP growth still is estimated to come in at about
4.5%, followed by a 4.2% increase next year. From a largely agrarian economy,
Taiwan's electronics and tech products now lead the country's exports and
are forecast to rise by 3% to 5% next year. Taiwan supplies the majority of
contract computer chip manufacturing (foundry services) to the world and also is
one of the leading manufacturers of LCD panels. Taiwan also is one of the top
manufacturers of DRAM computer memory, networking equipment and consumer
electronics. China is the biggest buyer and supplier to Taiwan, accounting for
28% and 13.2% of its exports and imports, respectively. But the U.S. accounts
for 11.4% of Taiwan's exports and is its third-largest trading partner,
scooping up as many electronics and consumer goods that our money can buy. An
additional boon to Taiwan's economy is from the growing significance of its
foreign direct investment (FDI). In 2010, Taiwan was tied for No. 29 in global
accumulated FDI, with about $111 billion currently in-country. In just 10 years
since its accession to the World Trade Organization the country has more than
doubled the $44.8 billion it received during the almost 50-year period from 1952
to 2000! The entry to the WTO has been the biggest boost to FDI, but the
Taiwanese government also treats foreign firms very well, including offering
mostly unrestricted trade-related capital flows, abolishing the 50% foreign
ownership limit in 2001 (for most industries), and lifting the amount of
portfolio investment in the majority of companies listed on the Taiwan Stock
Exchange. The government also offers investment incentives for monies put to
work in several areas, including energy conservation and emerging or strategic
industries. Another huge impact on Taiwan's growth was the 2010 Economic
Cooperation Framework Agreement the country inked with China to cut tariffs to
expand trade between the two nations. Its working well, with China bringing in
about $130 million to Taiwan last year. And Taiwan now is going to allow Chinese
investors to buy up to 10% in Taiwanese tech companies and up to 50% in new
tech-sector joint ventures sure to spur even more expansion. Consequently,
foreign investment in Taiwan is booming. Through August of this year, FDI rose
13.04%, or $2.95 billion, over 2010. Most of that FDI is in the electronics and
electrical industries, but funds also are being directed toward the banking and
insurance services, chemicals, trade and basic metals. About 400 foreign
companies operate in Taiwan, and about 100 have set up a regional headquarters
in the country a number that is expected to rise to 300 by 2015, according to a
recent government report. Those companies include Applied Materials (NASDAQ:
AMAT ), the worlds largest producer of chipmaking equipment in the U.S., and
ASML Holding N.V. (NASDAQ: ASML ), Europes biggest semiconductor-equipment
maker.
derision, as it denoted inferior quality goods. But those initial exports which
began stepping up in the 1960s set the stage for the Taiwan of today: a growing
economy, fueled by advancements in technology. While China garners most of the
attention of investors trying to cash in on Asias tremendous growth of the past
few decades, investors would be amiss not to recognize the growing importance of
Taiwan on the world stage. As I've pointed out in a recent article , in 2010,
Taiwan was the fourth-fastest-growing economy in the world, with a GDP
improvement of 10.8%. The slow global recovery took a bite out of that expansion
this year, but Taiwan's GDP growth still is estimated to come in at about
4.5%, followed by a 4.2% increase next year. From a largely agrarian economy,
Taiwan's electronics and tech products now lead the country's exports and
are forecast to rise by 3% to 5% next year. Taiwan supplies the majority of
contract computer chip manufacturing (foundry services) to the world and also is
one of the leading manufacturers of LCD panels. Taiwan also is one of the top
manufacturers of DRAM computer memory, networking equipment and consumer
electronics. China is the biggest buyer and supplier to Taiwan, accounting for
28% and 13.2% of its exports and imports, respectively. But the U.S. accounts
for 11.4% of Taiwan's exports and is its third-largest trading partner,
scooping up as many electronics and consumer goods that our money can buy. An
additional boon to Taiwan's economy is from the growing significance of its
foreign direct investment (FDI). In 2010, Taiwan was tied for No. 29 in global
accumulated FDI, with about $111 billion currently in-country. In just 10 years
since its accession to the World Trade Organization the country has more than
doubled the $44.8 billion it received during the almost 50-year period from 1952
to 2000! The entry to the WTO has been the biggest boost to FDI, but the
Taiwanese government also treats foreign firms very well, including offering
mostly unrestricted trade-related capital flows, abolishing the 50% foreign
ownership limit in 2001 (for most industries), and lifting the amount of
portfolio investment in the majority of companies listed on the Taiwan Stock
Exchange. The government also offers investment incentives for monies put to
work in several areas, including energy conservation and emerging or strategic
industries. Another huge impact on Taiwan's growth was the 2010 Economic
Cooperation Framework Agreement the country inked with China to cut tariffs to
expand trade between the two nations. Its working well, with China bringing in
about $130 million to Taiwan last year. And Taiwan now is going to allow Chinese
investors to buy up to 10% in Taiwanese tech companies and up to 50% in new
tech-sector joint ventures sure to spur even more expansion. Consequently,
foreign investment in Taiwan is booming. Through August of this year, FDI rose
13.04%, or $2.95 billion, over 2010. Most of that FDI is in the electronics and
electrical industries, but funds also are being directed toward the banking and
insurance services, chemicals, trade and basic metals. About 400 foreign
companies operate in Taiwan, and about 100 have set up a regional headquarters
in the country a number that is expected to rise to 300 by 2015, according to a
recent government report. Those companies include Applied Materials (NASDAQ:
AMAT ), the worlds largest producer of chipmaking equipment in the U.S., and
ASML Holding N.V. (NASDAQ: ASML ), Europes biggest semiconductor-equipment
maker.
No QE3 for Now Gold and Silver Declining –FOMC Meeting
As I have expected, in the last Federal Open Market Committee meeting, which was
held today, December 13th, there were no surprises and Committee decided to
maintain its current monetary policy and didnt introduce a new stimulus plan
such as quantitative easing plan three. The FOMC stated in its statement that
the US is starting to show some economic progress as the labor market is
starting to show some signs of recovery even though the unemployment is still
high. The Committee still sees the U.S. economy growing at a slow pace (in the
third quarter the U.S. GDP grew by 2% (Q-o-Q)) in the quarters to come. The FOMC
issued a press release stating that the Fed will continue its long term
securities purchase plan and maintain the low interest rates of 0 to 0.25% at
least until mid-2013. Therefore the FOMC didnt come up with a new stimulus plan
despite the markets expectations of QE3. As a result, the precious metals prices
resumed their downward trend as gold and silver are traded sharply down along
with the Euro against the USD. Euros to US dollar exchange rate is currently
traded up at 1.3016 a
held today, December 13th, there were no surprises and Committee decided to
maintain its current monetary policy and didnt introduce a new stimulus plan
such as quantitative easing plan three. The FOMC stated in its statement that
the US is starting to show some economic progress as the labor market is
starting to show some signs of recovery even though the unemployment is still
high. The Committee still sees the U.S. economy growing at a slow pace (in the
third quarter the U.S. GDP grew by 2% (Q-o-Q)) in the quarters to come. The FOMC
issued a press release stating that the Fed will continue its long term
securities purchase plan and maintain the low interest rates of 0 to 0.25% at
least until mid-2013. Therefore the FOMC didnt come up with a new stimulus plan
despite the markets expectations of QE3. As a result, the precious metals prices
resumed their downward trend as gold and silver are traded sharply down along
with the Euro against the USD. Euros to US dollar exchange rate is currently
traded up at 1.3016 a
Top Mining Picks Of Gold-Focused Van Eck Fund
Top Mining Picks Of Gold-Focused Van Eck Fund Seeking Alpha - 7 minutes ago New
York-based Van Eck Associates is an investment firm with $35 billion in assets
under management in mutual funds, hedge funds and ETFs that is focused on
investments in the basic materials ...
York-based Van Eck Associates is an investment firm with $35 billion in assets
under management in mutual funds, hedge funds and ETFs that is focused on
investments in the basic materials ...
Spotify Turns Up Pressure On Pandora’s Prospects
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Since going public in June, Pandora Media (NYSE: P ) has been a nightmare for shareholders.
Top 10 Best-Rated Solar Stocks: RSOL, GTAT, FSLR, TSL, DQ, WFR, YGE, SOL, SPWR, STP (Dec 13, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 best-rated Solar stocks, based on the percentage of positive ratings by brokerage analysts. Six Chinese companies (TSL, DQ, YGE, SOL, STP) are on the list. CLICK HERE for Solar Stocks Comparison Table Real Goods Solar, Inc. (NASDAQ:RSOL) is the first best-rated stock in this segment of the market. It is rated positively by 100% of the 4 brokerage analysts covering it. GT Advanced Technologies Inc (NASDAQ:GTAT) is the second best-rated stock in this segment of the market. It is rated positively by 63% of the 16 brokerage analysts covering it. First Solar, Inc. (NASDAQ:FSLR) is the third best-rated stock in this segment of the market. It is rated positively by 42% of the 45 brokerage analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) is the fourth best-rated stock in this segment of the market. It is rated positively by 41% of the 37 brokerage analysts covering it. Daqo New Energy Corp. (NYSE:DQ) is the fifth best-rated stock in this segment of the market. It is rated positively by 40% of the 5 brokerage analysts covering it. MEMC Electronic Materials, Inc. (NYSE:WFR) is the sixth best-rated stock in this segment of the market. It is rated positively by 35% of the 26 brokerage analysts covering it. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-rated stock in this segment of the market. It is rated positively by 26% of the 31 brokerage analysts covering it. ReneSola Ltd. (ADR) (NYSE:SOL) is the eighth best-rated stock in this segment of the market. It is rated positively by 17% of the 12 brokerage analysts covering it. SunPower Corporation (NASDAQ:SPWR) is the ninth best-rated stock in this segment of the market. It is rated positively by 15% of the 33 brokerage analysts covering it. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 10th best-rated stock in this segment of the market. It is rated positively by 12% of the 42 brokerage analysts covering it. CLICK HERE for Solar Stocks Comparison Table
Top 10 Best-Rated Real Estate Stocks: BAM, CBG, WD, AEC, TRNO, EXL, HPP, JLL, CRIC, FCE.A (Dec 13, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the top 10 best-rated Real Estate stocks, based on the percentage of positive ratings by brokerage analysts. One Chinese company (CRIC) is on the list. Brookfield Asset Management Inc. (USA) (NYSE:BAM) is the first best-rated stock in this segment of the market. It is rated positively by 90% of the 10 brokerage analysts covering it. CBRE Group Inc (NYSE:CBG) 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. Walker & Dunlop, Inc. (NYSE:WD) is the third best-rated stock in this segment of the market. It is rated positively by 80% of the 5 brokerage analysts covering it. Associated Estates Realty Corporation (NYSE:AEC) is the fourth best-rated stock in this segment of the market. It is rated positively by 78% of the 9 brokerage analysts covering it. Terreno Realty Corporation (NYSE:TRNO) 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. Excel Trust, Inc. (NYSE:EXL) is the sixth best-rated stock in this segment of the market. It is rated positively by 67% of the 6 brokerage analysts covering it. Hudson Pacific Properties Inc (NYSE:HPP) is the seventh best-rated stock in this segment of the market. It is rated positively by 67% of the 6 brokerage analysts covering it. Jones Lang LaSalle Incorporated (NYSE:JLL) is the eighth best-rated stock in this segment of the market. It is rated positively by 63% of the 8 brokerage analysts covering it. China Real Estate Information Corp (NASDAQ:CRIC) is the ninth best-rated stock in this segment of the market. It is rated positively by 60% of the 5 brokerage analysts covering it. Forest City Enterprises, Inc. (NYSE:FCE.A) is the 10th best-rated stock in this segment of the market. It is rated positively by 60% of the 5 brokerage analysts covering it.
Tuesday Apple Rumors: Apple Gunning for Anobit Acquisition
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are your Apple rumors and AAPL news items for Tuesday: Apple to Buy Flash Memory Company: A Tuesday story originating at The Calcalist (via Reuters ) said Apple (NASDAQ: AAPL ) is negotiating a $400 million to $500 million acquisition of Israeli flash memory technology company Anobit . Anobit’s claim to fame is a chip that enhances flash drive performance, which is used in the iPhone, iPad and Macbook Air. Among Anobit’s core clients is Samsung (PINK: SSNLF ), a company with a contentious relationship with Apple. Apple is both a client and competitor of Samsung. A purchase of Anobit is logical for Apple considering the ever-increasing importance of flash memory storage technology to Apple’s products. The Cupertino, Calif.-based company accounts for more than half of all flash memory purchases in the world . CarrierIQ Claims “Bug” Caused Text Message Collection in Privacy Fiasco: Mobile phone software maker CarrierIQ still is trying to recover from its recent lambasting over privacy issues. A Tuesday 9 to 5 Mac report said the company now claims text messages recorded by the company’s software were recorded because of a “bug,” and that the data never was decoded or used by the company. This contradicts a previous statement by Andrew Coward, CarrierIQ vice president of marketing, saying the company’s software “does not record, store, or transmit that contents of SMS (text) messages.” Apple rushed to defend itself on Dec. 2 after it came out the company was using CarrierIQ technology in the iPhone . CarrierIQ’s data-collecting software has been used predominantly by telecoms to track user information, including personal information, text messages and keystrokes — but for the purpose of diagnosing technical problems. iTunes Business Flying South for the Winter: Years after its initial opening, iTunes remains growing business for Apple. According to a Tuesday press release issued by the company, iTunes is opening for business in 16 countries throughout Central and South America . Brazil is the first of those countries to get the store, but it will be joined by other nations in the coming weeks. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
Top 10 Best-Rated Solar Stocks: RSOL, GTAT, FSLR, TSL, DQ, WFR, YGE, SOL, SPWR, STP (Dec 13, 2011)
Below are the top 10 best-rated Solar stocks, based on the percentage of
positive ratings by brokerage analysts. Six Chinese companies (TSL, DQ, YGE,
SOL, STP) are on the list. CLICK HERE for Solar Stocks Comparison Table Real
Goods Solar, Inc. (NASDAQ:RSOL) is the first best-rated stock in this segment of
the market. It is rated positively by 100% of the 4 brokerage analysts covering
it. GT Advanced Technologies Inc (NASDAQ:GTAT) is the second best-rated stock in
this segment of the market. It is rated positively by 63% of the 16 brokerage
analysts covering it. First Solar, Inc. (NASDAQ:FSLR) is the third best-rated
stock in this segment of the market. It is rated positively by 42% of the 45
brokerage analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) is the
fourth best-rated stock in this segment of the market. It is rated positively by
41% of the 37 brokerage analysts covering it. Daqo New Energy Corp. (NYSE:DQ) is
the fifth best-rated stock in this segment of the market. It is rated positively
by 40% of the 5 brokerage analysts covering it. MEMC Electronic Materials, Inc.
(NYSE:WFR) is the sixth best-rated stock in this segment of the market. It is
rated positively by 35% of the 26 brokerage analysts covering it. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-rated stock in this
segment of the market. It is rated positively by 26% of the 31 brokerage
analysts covering it. ReneSola Ltd. (ADR) (NYSE:SOL) is the eighth best-rated
stock in this segment of the market. It is rated positively by 17% of the 12
brokerage analysts covering it. SunPower Corporation (NASDAQ:SPWR) is the ninth
best-rated stock in this segment of the market. It is rated positively by 15% of
the 33 brokerage analysts covering it. Suntech Power Holdings Co., Ltd. (ADR)
(NYSE:STP) is the 10th best-rated stock in this segment of the market. It is
rated positively by 12% of the 42 brokerage analysts covering it. CLICK HERE for
Solar Stocks Comparison Table
positive ratings by brokerage analysts. Six Chinese companies (TSL, DQ, YGE,
SOL, STP) are on the list. CLICK HERE for Solar Stocks Comparison Table Real
Goods Solar, Inc. (NASDAQ:RSOL) is the first best-rated stock in this segment of
the market. It is rated positively by 100% of the 4 brokerage analysts covering
it. GT Advanced Technologies Inc (NASDAQ:GTAT) is the second best-rated stock in
this segment of the market. It is rated positively by 63% of the 16 brokerage
analysts covering it. First Solar, Inc. (NASDAQ:FSLR) is the third best-rated
stock in this segment of the market. It is rated positively by 42% of the 45
brokerage analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) is the
fourth best-rated stock in this segment of the market. It is rated positively by
41% of the 37 brokerage analysts covering it. Daqo New Energy Corp. (NYSE:DQ) is
the fifth best-rated stock in this segment of the market. It is rated positively
by 40% of the 5 brokerage analysts covering it. MEMC Electronic Materials, Inc.
(NYSE:WFR) is the sixth best-rated stock in this segment of the market. It is
rated positively by 35% of the 26 brokerage analysts covering it. Yingli Green
Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-rated stock in this
segment of the market. It is rated positively by 26% of the 31 brokerage
analysts covering it. ReneSola Ltd. (ADR) (NYSE:SOL) is the eighth best-rated
stock in this segment of the market. It is rated positively by 17% of the 12
brokerage analysts covering it. SunPower Corporation (NASDAQ:SPWR) is the ninth
best-rated stock in this segment of the market. It is rated positively by 15% of
the 33 brokerage analysts covering it. Suntech Power Holdings Co., Ltd. (ADR)
(NYSE:STP) is the 10th best-rated stock in this segment of the market. It is
rated positively by 12% of the 42 brokerage analysts covering it. CLICK HERE for
Solar Stocks Comparison Table
Tuesday Apple Rumors: Apple Gunning for Anobit Acquisition
Here are your Apple rumors and AAPL news items for Tuesday: Apple to Buy Flash
Memory Company: A Tuesday story originating at The Calcalist (via Reuters ) said
Apple (NASDAQ: AAPL ) is negotiating a $400 million to $500 million acquisition
of Israeli flash memory technology company Anobit . Anobits claim to fame is a
chip that enhances flash drive performance, which is used in the iPhone, iPad
and Macbook Air. Among Anobits core clients is Samsung (PINK: SSNLF ), a company
with a contentious relationship with Apple. Apple is both a client and
competitor of Samsung. A purchase of Anobit is logical for Apple considering the
ever-increasing importance of flash memory storage technology to Apples
products. The Cupertino, Calif.-based company accounts for more than half of all
flash memory purchases in the world . CarrierIQ Claims Bug Caused Text Message
Collection in Privacy Fiasco: Mobile phone software maker CarrierIQ still is
trying to recover from its recent lambasting over privacy issues. A Tuesday 9 to
5 Mac report said the company now claims text messages recorded by the companys
software were recorded because of a bug, and that the data never was decoded or
used by the company. This contradicts a previous statement by Andrew Coward,
CarrierIQ vice president of marketing, saying the companys software does not
record, store, or transmit that contents of SMS (text) messages. Apple rushed to
defend itself on Dec. 2 after it came out the company was using CarrierIQ
technology in the iPhone . CarrierIQs data-collecting software has been used
predominantly by telecoms to track user information, including personal
information, text messages and keystrokes but for the purpose of diagnosing
technical problems. iTunes Business Flying South for the Winter: Years after its
initial opening, iTunes remains growing business for Apple. According to a
Tuesday press release issued by the company, iTunes is opening for business in
16 countries throughout Central and South America . Brazil is the first of those
countries to get the store, but it will be joined by other nations in the coming
weeks. As of this writing, Anthony John Agnello did not hold a position in any
of the aforementioned stocks. Follow him on Twitter at
Memory Company: A Tuesday story originating at The Calcalist (via Reuters ) said
Apple (NASDAQ: AAPL ) is negotiating a $400 million to $500 million acquisition
of Israeli flash memory technology company Anobit . Anobits claim to fame is a
chip that enhances flash drive performance, which is used in the iPhone, iPad
and Macbook Air. Among Anobits core clients is Samsung (PINK: SSNLF ), a company
with a contentious relationship with Apple. Apple is both a client and
competitor of Samsung. A purchase of Anobit is logical for Apple considering the
ever-increasing importance of flash memory storage technology to Apples
products. The Cupertino, Calif.-based company accounts for more than half of all
flash memory purchases in the world . CarrierIQ Claims Bug Caused Text Message
Collection in Privacy Fiasco: Mobile phone software maker CarrierIQ still is
trying to recover from its recent lambasting over privacy issues. A Tuesday 9 to
5 Mac report said the company now claims text messages recorded by the companys
software were recorded because of a bug, and that the data never was decoded or
used by the company. This contradicts a previous statement by Andrew Coward,
CarrierIQ vice president of marketing, saying the companys software does not
record, store, or transmit that contents of SMS (text) messages. Apple rushed to
defend itself on Dec. 2 after it came out the company was using CarrierIQ
technology in the iPhone . CarrierIQs data-collecting software has been used
predominantly by telecoms to track user information, including personal
information, text messages and keystrokes but for the purpose of diagnosing
technical problems. iTunes Business Flying South for the Winter: Years after its
initial opening, iTunes remains growing business for Apple. According to a
Tuesday press release issued by the company, iTunes is opening for business in
16 countries throughout Central and South America . Brazil is the first of those
countries to get the store, but it will be joined by other nations in the coming
weeks. As of this writing, Anthony John Agnello did not hold a position in any
of the aforementioned stocks. Follow him on Twitter at
Todays Gold price per ounce, Spot gold price per gram; Spot Silver price per ounce; Gold Prices Silver Prices Mid-Day Current
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dow2664 Gold price per ounce trending and silver price per ounce trending followed the primary indices in the marketplace lower last session. A broad based sell-off ensued one trading session after a short-term rally was sparked by positively interpreted news out of the eurozone. Early last Friday, European leaders emerged from the eurozone summit and announced that leaders would collaborate on a plan to correct the eurozone debt crisis and stimulate the eurozone economy. The plan is scheduled to be implemented in March and investors felt an initial rush of increased optimism over the deal. Last session, the optimism faded and broad based sell-offs ensued. Investor confidence faded as they questioned the lack of plan details and regained perspective on the enormity of the task. The eurozone debt crisis will be no easy fix. Both contract gold and contract silver prices closed last session on the negative side of break-even. Prior to opening bell this morning, spot gold and spot silver price trends were mixed. Spot gold price per gram was tracking negatively and spot silver price per ounce was tracking positively. As the trading session reached the mid-day mark in the U.S., contract gold and silver prices were mixed. Electronic price for contract gold was red by .14 percent at 1,665.90 per troy ounce. Electronic price for silver was green by .91 percent at 31.28 per troy ounce. Spot gold price per gram was higher by .37 at 53.26 and spot silver price per ounce was green by .09 at 31.10 at the mid-day mark today. Camillo Zucari
Todays Dow Jones Industrial Average DJIA Index, Nasdaq Index, S&P 500 Index Stock Market USA Investing News Mid-Day Today
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dow2664 The primary indices in the U.S. struggled through the opening trading session this week. The DJIA , along with the Nasdaq and the S&P 500, closed last session on the negative side of break-even. Stock sell-offs were broadly based last session as the marketplace made corrections from the previous rally. Last week, European leaders emerged from the eurozone summit and announced that a plan had been reached to correct the debt crisis that has been plaguing the eurozone economy for so long. This plan is expected to be implemented by the month of March 2012. Investors were pumped with optimism upon hearing this news and stock indices pushed higher. After the initial rally though, investors began to contemplate the details of the pan, or lack thereof, and optimism faded. The debt crisis in the eurozone will be no quick fix and the diminished optimism experienced last session reflects this fact. Prior to opening bell this morning, European markets were higher and the stock futures for the primary indices in the U.S. were posting green across the board. As the session reached the mid-day mark, the Dow Jones Industrial Average was posting higher by .49 percent at 12,080.01. The Nasdaq was in the red by .05 percent at 2,611.03. The S&P 500 posted green by .26 percent at 1,239.67 as of the mid-day mark. Frank Matto
Gold, Silver, Miners Continue to Fall Tuesday
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tdp2664 InvestorPlace Gold, silver and mining stocks continued to fall Tuesday morning as the Commerce Department reported a 0.2% monthly and 6.7% year-over-year rise in November retail sales . Though less than forecast, November’s was the sixth consecutive monthly increase, and October’s monthly gain was revised upward to 0.6%. U.S. business inventories rose 0.8% in October, the largest gain in five months , which is another encouraging sign for 4Q GDP. Spot gold was down nearly 0.3% at 10:50 a.m., with a bid price of $1,660.60 per ounce and an ask price of $1,661.60, having traded as high as $1,679.30 and as low as $1,658.60. The London afternoon reference price fix came in at $1,682.50, according to Kitco market data . A Commerzbank analyst said continued strength in the U.S. dollar is one factor underlying gold’s weakness, according to a BullionVault market report. The next critical support level for gold is around $1,650 an ounce, according to a market note issued by Swiss gold bullion refiner MKS. Spot silver was down just more than 0.1%, bid at $31.25 with an ask price of $31.35. The morning high as of time of writing was $32.11 per ounce, and the low was $31.10. Monday’s reference price was set at $31.34 in the London a.m. In Europe, the European Financial Stability Fund successfully completed its first auction of 91-day bills, selling the maximum amount, 1.97 billion euros ($2.6 billion). The proceeds will be used to finance rescue loans to cash-strapped euro zone governments. U.S. market participants are awaiting word from the Federal Reserve following its last scheduled meeting of 2011. Monetary policy analysts expect that at 2:30 p.m., the Fed will revise its policy of maintaining interest rates at near zero, as the need for another round of quantitative easing has been diminishing. There was strong demand for new three-year Treasury notes at auction yesterday, and the Treasury is auctioning $21 billion in 10-year notes today. Turning to stock exchange trading, gold and silver trusts continued to move lower. The SPDR Gold Trust (NYSE: GLD ) was showing losses of about 0.6%. The iShares Gold Trust (NYSE: IAU ) was down around 0.7%. The iShares Silver Trust (NYSE: SLV ) was moving lower by about 0.8% Gold and silver mining ETFs were moving lower as well. The Market Vectors Gold Miners ETF (NYSE: GDX ) was moving lower, down around 1.2%. The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was down some 1.5%. The Global X Silver Miners ETF (NYSE: SIL ) was down nearly 0.2%. Gold mining shares also were showing losses. Agnico-Eagle Mines (NYSE: AEM ) was showing losses of nearly 1%. Barrick Gold (NYSE: ABX ) was down about 1%. Goldcorp (NYSE: GG ) was showing losses of more than 1.4%. Newmont Mining (NYSE: NEM ) was around 1.1% lower. NovaGold Resources (AMEX: NG ) was more than 3% lower. Silver mining shares continued to fall, though Pan American Silver ‘s (NASDAQ: PAAS ) shares were standing out by showing sharp gains. No news has been issued by the company. Coeur d’Alene Mines (NYSE: CDE ) was moving lower, down some 1.4%. Hecla Mining (NYSE: HL ) was down more than 0.6%. Pan American Silver was up about 1.85%. Silver Wheaton (NYSE: SLW ) was showing losses of 1.5%. Silver Standard Resources (NASDAQ: SSRI ) was down around 0.75%. As of this writing, Andrew Burger did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.
5 Top European Stocks to Buy Now
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tdp2664 InvestorPlace The European sovereign debt crisis is over. Italy and Spain have been stabilized, and all major players — including German Chancellor Angela Merkel and European Central Bank President Mario Draghi — know what needs to be done. We can all breathe a sigh of relief. And if you believe that, to borrow a line from country singer George Strait, I've got some oceanfront property in Arizona I'd like to sell you. The crisis is not over. It will be months or even years before this long saga finally plays out. The good news is that the ECB's offer of virtually unlimited credit to banks means the risk of a 2008 Lehman Brothers-like meltdown has receded. But the bad news is that it often takes years to recover from the hangover of a debt crisis. For Latin America — a promising emerging region — the 1980s were a "lost decade" as Brazil, Argentina, Mexico and others struggled to pay back the gargantuan debts they accumulated in the 1970s. Have you ever noticed that Rio de Janeiro's skyline looks like it was frozen in the 1970s? There’s a reason. Most of Brazil's infrastructure was built during the credit bubble of that decade, and after the bust, the country was locked out of the international credit markets for most of the 1980s and 1990s. And Japan? It seems like an eternity ago, but Japan once was the envy of the Western world. However, in the wake of its credit bubble and bust, Japan is entering its third lost decade with no end in sight. Suffice it to say, Europe has a hard road in front of it. But for investors, the crisis has created some phenomenal opportunities. You see, because of the relatively small size of the domestic markets (and in some cases the historical ties of colonialism), European companies always have had a global emphasis. Think about Heineken (PINK: HINKY ), whose beer many readers no doubt have in their refrigerators. If Heineken depended solely on its native Dutch population of 16 million people, it certainly couldn't produce $16 billion in annual revenues. Many of Europe's finest companies are "European" only in the sense that their headquarters are located in Europe. Today, I'm going to share with you my five favorite European stocks. Because of the sense of fear pervading the European markets, all trade at valuations we might never see again in our lifetimes. German engineering juggernaut Siemens AG (NYSE: SI ) is one of the world's premier producers of industrial and power generation machinery and equipment. The company makes everything from high-speed trains to medical equipment to wind turbines — with German precision. Siemens did 74 billion euro in revenues in fiscal 2011 and has a healthy order backlog of 96 billion euros. And most importantly, a majority of Siemens revenues comes from outside crisis-plagued Europe, nearly a third comes from emerging markets, and roughly 12% comes from China and India alone.
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