A consortium of India metal corporations are getting ready to tender bids for
copper mines in Afghanistan. Indias largest aluminum producer, National Aluminum
Company (Nalco) and the countrys sole integrated copper producer, Hindustan
Copper Limited (HCL) are reportedly leading the consortium to bid for
development of the Ayank copper reserves in Logar province, 30km south-east of
Kabul. Part of the Ayank reserves had been awarded to The Metallurgical
Corporation of China in 2007, which will commence production in 2014. Another
India consortium Afghan Iron and Steel Consortium (Afisco) tendered a successful
bid last month to invest US$11 billion to develop the 1.8 billion ton Hajigak
iron-ore reserves in Afghanistan. This marked the highest direct foreign
investment in Afghanistan. The government looks set to roll out six more new
mining sites in the first quarter of 2012. These include three copper reserves
in Ayank, two in gold and one in lithium. "We are trying to get all details of
copper deposits in Afghanistan and will surely participate once expressions of
interests are floated. We have the skills in mining copper and Nalco has the
cash," HCL chairperson
Wednesday, December 14, 2011
Google Inc. (NASDAQ:GOOG) Buys Siri Competitor
Google Inc. (NASDAQ:GOOG) has acquired the Alfred app developer Clever Sense.
Google Inc. (NASDAQ:GOOG) Buys Siri Competitor Google Inc. (NASDAQ:GOOG), the
world's largest search engine, has purchased the local mobile recommendation
app maker Clever Sense, perhaps to compete with Apple's Siri. The company
developed Alfred, a mobile app which helps users by recommending restaurants and
other shops based on their dining choices. Google Inc. (NASDAQ:GOOG) said,
"The Clever Sense team is at the forefront of developing a recommendation
engine that connects the online and offline worlds by delivering personal and
sophisticated information to users at the right time, the right place, and
within the right context. By combining their technology and expertise with our
team and products, well be able to provide even more people with intelligent,
personalized recommendations for places to eat, visit, and discover". Google
Inc. (NASDAQ:GOOG) shares are currently standing at 617.31. Price History Last
Price: 617.31 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 587.72
6 Month Price Change %: 23.1% 12 Month Price Change %: 5.2%
Google Inc. (NASDAQ:GOOG) Buys Siri Competitor Google Inc. (NASDAQ:GOOG), the
world's largest search engine, has purchased the local mobile recommendation
app maker Clever Sense, perhaps to compete with Apple's Siri. The company
developed Alfred, a mobile app which helps users by recommending restaurants and
other shops based on their dining choices. Google Inc. (NASDAQ:GOOG) said,
"The Clever Sense team is at the forefront of developing a recommendation
engine that connects the online and offline worlds by delivering personal and
sophisticated information to users at the right time, the right place, and
within the right context. By combining their technology and expertise with our
team and products, well be able to provide even more people with intelligent,
personalized recommendations for places to eat, visit, and discover". Google
Inc. (NASDAQ:GOOG) shares are currently standing at 617.31. Price History Last
Price: 617.31 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 587.72
6 Month Price Change %: 23.1% 12 Month Price Change %: 5.2%
Are Emerging Markets Decoupling from the Developed World?
Our generation has seen and heard its fair share of bunk economic theories.
These are high-sounding theories that often are touted by recognized investors
or higher learning institutions and for that reason, they mostly remain
unchallenged. At the top of the list is economic decoupling between emerging and
developed countries. How have emerging market countries fared this year? Is
there any evidence they are decoupling from the rest of the world? And how can
investors make informed and profitable investment decisions in this particular
category? Read on: Emerging Markets Countries that are in the midst of rapid
business growth and industrialization generally are referred to as "emerging
markets." With a combined population of almost 2.5 billion people, China and
India are among the largest emerging-market countries. The theory behind
economic decoupling is that emerging-market countries can prosper and remain
unaffected by adverse financial conditions elsewhere particularly by the
adverse financial conditions of developed countries such as the U.S. Decoupling
has been heavily promoted during the past several years, especially by academic
types in the mainstream press. While decoupling might sound like a plausible
idea, the performance for emerging-market stocks this year doesnt support that
view. The Vanguard MSCI Emerging Markets ETF (NYSE: VWO ) is down more than 19%
year-to-date compared to lower-to-flat performance by the Schwab U.S. Broad
Market ETF (NYSE: SCHB ) and a 14% loss for developed stocks Vanguard MSCI EAFE
ETF (NYSE: VEA ). What about mega emerging-market countries like Brazil, Russia,
India and China? As a group, BRIC country stocks represented by the SPDR S&P
BRIC 40 (ETF) (NYSE: BIK ) are down almost 19% since the beginning of the year.
The iShares S&P India Nifty 50 Index Fund (NASDAQ: INDY ), Market Vector Russia
ETF Trust (NYSE: RSX ) and iShares MSCI Brazil Index (ETF) (NYSE: EWZ ) are in
bear market territory, down between 20% to 40% in value. Based upon the stock
markets performance, the theory of economic decoupling isnt holding up, and
neither is the argument of a soft landing. Slowing Growth The high-octane growth
from emerging countries that analysts have been preaching is not as high or as
fast as previously thought. Chinas Consumer Price Index (CPI) and Producer Price
Index (PPI) for November were a big disappointment. The year-over-year results
were weaker than projected. CPI was ahead just 4.2% compared to 5.5% in November
2010, and PPI for the same period was 2.7% compared to 5%. Also, declines in
both Chinas CPI and PPI were worse than what economists were projecting. CPI
measures the changes in the price of goods and services bought by consumers,
while PPI measures the changes in the price of goods and services sold by
producers.
These are high-sounding theories that often are touted by recognized investors
or higher learning institutions and for that reason, they mostly remain
unchallenged. At the top of the list is economic decoupling between emerging and
developed countries. How have emerging market countries fared this year? Is
there any evidence they are decoupling from the rest of the world? And how can
investors make informed and profitable investment decisions in this particular
category? Read on: Emerging Markets Countries that are in the midst of rapid
business growth and industrialization generally are referred to as "emerging
markets." With a combined population of almost 2.5 billion people, China and
India are among the largest emerging-market countries. The theory behind
economic decoupling is that emerging-market countries can prosper and remain
unaffected by adverse financial conditions elsewhere particularly by the
adverse financial conditions of developed countries such as the U.S. Decoupling
has been heavily promoted during the past several years, especially by academic
types in the mainstream press. While decoupling might sound like a plausible
idea, the performance for emerging-market stocks this year doesnt support that
view. The Vanguard MSCI Emerging Markets ETF (NYSE: VWO ) is down more than 19%
year-to-date compared to lower-to-flat performance by the Schwab U.S. Broad
Market ETF (NYSE: SCHB ) and a 14% loss for developed stocks Vanguard MSCI EAFE
ETF (NYSE: VEA ). What about mega emerging-market countries like Brazil, Russia,
India and China? As a group, BRIC country stocks represented by the SPDR S&P
BRIC 40 (ETF) (NYSE: BIK ) are down almost 19% since the beginning of the year.
The iShares S&P India Nifty 50 Index Fund (NASDAQ: INDY ), Market Vector Russia
ETF Trust (NYSE: RSX ) and iShares MSCI Brazil Index (ETF) (NYSE: EWZ ) are in
bear market territory, down between 20% to 40% in value. Based upon the stock
markets performance, the theory of economic decoupling isnt holding up, and
neither is the argument of a soft landing. Slowing Growth The high-octane growth
from emerging countries that analysts have been preaching is not as high or as
fast as previously thought. Chinas Consumer Price Index (CPI) and Producer Price
Index (PPI) for November were a big disappointment. The year-over-year results
were weaker than projected. CPI was ahead just 4.2% compared to 5.5% in November
2010, and PPI for the same period was 2.7% compared to 5%. Also, declines in
both Chinas CPI and PPI were worse than what economists were projecting. CPI
measures the changes in the price of goods and services bought by consumers,
while PPI measures the changes in the price of goods and services sold by
producers.
Running With The Bulls; 10 Stocks Under $3 Going Against The Grain
I'm constantly on the hunt for solid swing trades like EONC, AXK, ABAT, CXZ,
AMRI, TSON, EVC, GLCH, AMR and PNCL. Normally I try to position before the move
like I did with HDY recently at $3.06 before it ran about 30% the following day,
however, sometimes swimming with the current is an easy way to grab quick
profits too. Swing trading, for those of you who are unaware, is a speculative
activity where stocks are repeatedly bought or sold at or near the end of up or
down price swings caused by price volatility. A swing trading position is
typically held longer than a day, but shorter than trend following trades or buy
and hold investment strategies that can be held for months or years. Many of the
charts below will be short lived opportunities, however, back-testing on this
filter shows some push forward considerably despite being overbought. My filter
for the stocks on this list is between $.25 and $3 with 300 trades or more the
previous day. The following stocks could deliver some decent profits moving
forward if they continue so here's what I'll be watching for. eOn
Communications Corp. ( NASDAQ:EONC ) provides communication solutions in the
North America, Puerto Rico, and the Virgin Islands. The balance sheet shows
$1.85 million in cash, $3.7 million in debt and a book value of $2.17 on 2.86
million shares outstanding. EONC has a tiny market cap of $5.7 million and is
well below what I look to trade between $100 $300 million. The Beta is what I
would consider normal around 1.33 but that market cap is the primary reason EONC
has these big bursts followed by gradual fades. If you pull up a 52-week chart
youll see this isnt the first time this year EONC has made a big move. Back in
May it went from $1.44 to $2.10 on day 1 and continued to run from $2.16 to a
high of $3.25 on day 2. Just about a month later it went nova again from $1.66
to $2.33 and continued on day 2 from $2.35 to $3.35. In both situations the
stock managed to run for 1 days which is why it made the list. Certainly hard to
say if it will follow that trend but one thing is for certain, if some sizable
bids show up Thursday this thin stock could certainly squeeze aggressive shorts
before fading. Accelr8 Technology Corp. ( AMEX:AXK ) focuses on the research and
development, and commercialization of proprietary surface chemistry formulation
and quantitative bio-analytical measurement instruments. Another small market
cap at $21.10 million with a Beta of 1.38. The balance sheet shows $775.86
thousand in cash, $0 debt and a book value of $.43 on 11.10 million shares
outstanding. This is a stock I happen to like and have written about before . If
it looks like it can hold this run Ill certainly swing it because the 52-week
chart clearly shows the ability to run for days on end. Advanced Battery
Technologies Inc. ( PINK:ABAT ) engages in the design, manufacture, and
marketing of rechargeable polymer lithium-ion batteries. ABAT has a small market
cap at $50.25 million and a Beta of 1.23. The balance sheet shows $74.04 million
in cash, $0 debt
AMRI, TSON, EVC, GLCH, AMR and PNCL. Normally I try to position before the move
like I did with HDY recently at $3.06 before it ran about 30% the following day,
however, sometimes swimming with the current is an easy way to grab quick
profits too. Swing trading, for those of you who are unaware, is a speculative
activity where stocks are repeatedly bought or sold at or near the end of up or
down price swings caused by price volatility. A swing trading position is
typically held longer than a day, but shorter than trend following trades or buy
and hold investment strategies that can be held for months or years. Many of the
charts below will be short lived opportunities, however, back-testing on this
filter shows some push forward considerably despite being overbought. My filter
for the stocks on this list is between $.25 and $3 with 300 trades or more the
previous day. The following stocks could deliver some decent profits moving
forward if they continue so here's what I'll be watching for. eOn
Communications Corp. ( NASDAQ:EONC ) provides communication solutions in the
North America, Puerto Rico, and the Virgin Islands. The balance sheet shows
$1.85 million in cash, $3.7 million in debt and a book value of $2.17 on 2.86
million shares outstanding. EONC has a tiny market cap of $5.7 million and is
well below what I look to trade between $100 $300 million. The Beta is what I
would consider normal around 1.33 but that market cap is the primary reason EONC
has these big bursts followed by gradual fades. If you pull up a 52-week chart
youll see this isnt the first time this year EONC has made a big move. Back in
May it went from $1.44 to $2.10 on day 1 and continued to run from $2.16 to a
high of $3.25 on day 2. Just about a month later it went nova again from $1.66
to $2.33 and continued on day 2 from $2.35 to $3.35. In both situations the
stock managed to run for 1 days which is why it made the list. Certainly hard to
say if it will follow that trend but one thing is for certain, if some sizable
bids show up Thursday this thin stock could certainly squeeze aggressive shorts
before fading. Accelr8 Technology Corp. ( AMEX:AXK ) focuses on the research and
development, and commercialization of proprietary surface chemistry formulation
and quantitative bio-analytical measurement instruments. Another small market
cap at $21.10 million with a Beta of 1.38. The balance sheet shows $775.86
thousand in cash, $0 debt and a book value of $.43 on 11.10 million shares
outstanding. This is a stock I happen to like and have written about before . If
it looks like it can hold this run Ill certainly swing it because the 52-week
chart clearly shows the ability to run for days on end. Advanced Battery
Technologies Inc. ( PINK:ABAT ) engages in the design, manufacture, and
marketing of rechargeable polymer lithium-ion batteries. ABAT has a small market
cap at $50.25 million and a Beta of 1.23. The balance sheet shows $74.04 million
in cash, $0 debt
P&F Bullish Signal Reversal - EQIX, FELE, FONR, GOLD, GOOG
P&F Bullish Signal Reversal - EQIX, FELE, FONR, GOLD, GOOG Retirement Planning
- Nov 28, 2011 by Corrina Zabella on November 28, 2011 Equinix, Inc. (NASDAQ:
EQIX) percentage change fell -0.28%, to close at $95.99 and its overall traded
volume was 152349.00 shares during the last session with the total traded volume
of 709852.00 shares.
- Nov 28, 2011 by Corrina Zabella on November 28, 2011 Equinix, Inc. (NASDAQ:
EQIX) percentage change fell -0.28%, to close at $95.99 and its overall traded
volume was 152349.00 shares during the last session with the total traded volume
of 709852.00 shares.
The Gold Price Took a Beating Today, Down 4.6%, Gold and Silver Remain in a Bull Market
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1584.30 Change : (75.60) or -4.6% Silver Price Close Today : 2888.10 Change : -231.4 cents or -7.4% Gold Silver Ratio Today : 54.856 Change : 1.646 or 3.1% Silver Gold Ratio Today : 0.01823 Change : -0.000564 or -3.0% Platinum Price Close Today : 1420.70 Change : -54.10 or -3.7% Palladium Price Close Today : 618.40 Change : -24.70 or -3.8% S&P 500 : 1,211.82 Change : -13.91 or -1.1% Dow In GOLD$ : $154.27 Change : $ 5.41 or 3.6% Dow in GOLD oz : 7.463 Change : 0.261 or 3.6% Dow in SILVER oz : 409.39 Change : 26.15 or 6.8% Dow Industrial : 11,823.48 Change : -131.46 or -1.1% US Dollar Index : 80.52 Change : 0.282 or 0.4% Today was not a banner day for the GOLD PRICE and SILVER PRICE . Gold lost a massive 4.6%, $75.60, to close Comex at $1,584.30. Silver lost 7.4%, 231.4c, and shuttered Comex at 2888.1c. End of the world? Well, some folks think so, but I’ve been living on the edge of a volcano for years, and I’m not ready to refugee yet. If SILVER does not hold around 2900c, then there’s very little to catch it between here and lateral support at 2615c, just a little bottom at 2843c. More likely is a drop to 2615c, quickly, or a grinding attrition down to 2000c or even 1715c. Making some assumptions about silver’s behaviour from end-September through last Monday gives me a silver target of 2700c — if height of formation equals depth of drop. Where silver will stop I don’t know, but I’ve been whipped like this enough times in the past to know that exactly now, when the screaming enemy is pouring over the parapets and you are running out of ammo is the time you have to get plumb junk-yard dog mean, and make up your mind that you are not going to whine and lose your head. I lived through 2008, when silver dropped from 2067c to 880c, losing more than 100% of the preceding gain, and I saw it come back to 4850c. THE COMEBACK WILL COME BACK AGAIN. It may delay, but watch for it. It will surely come. The GOLD PRICE took a bad beating with a big stick today. High came at $1,641.25, but once it crossed below $1,620, bottom fell out, all the way to $1,558.35. We are getting near my most likely target, $1,535. I will surely close my eyes, bite my lip, and buy there. The sort of heads-and-shoulders-y formation on the GOLD PRICE chart from end-September to early December — if that’s what it is — gives a target of $1,546. Everything I’ve said tonight aims to calm y’all down and fix your eyes on what is really important, the LONG TERM. I know the internet and the media and all the wise and big-shots in the world want to distract you with the last 2 hours and the next 24, but history doesn’t rise and set on one day. GOLD and SILVER remain in a bull market. Count on that. World is full of folks who like to kick a feller when he’s down, and mercy, they’re a-piling on gold and silver. Somebody sent me a quotation from the Great Dennis Gartman (at least, I’m sure he thinks he’s great) about how the bull market in gold was over. Even had 20 year charts to prove it. Ahh, think again. 20 year chart is useless here because it takes in the last half to the last gold bear market and the last half of the stock bull market. In other words, as cycles go it starts at the bottom of a sine wave and runs half way through, instead of showing from bottom to bottom or top to top, a complete cycle. Gartman and the article quoting him made much of gold’s gains against the dollar and stocks, as if that “proved” gold’s bull market has ended. Sigh — yes, stocks have lost 80% against gold, but they will lose another 80% before this ends. Right now about 7.5 oz of gold buys the Dow, down from 44.5 oz at the cycle top in August 1999. But returning to a whole cycle that topped in 1980, we find that the Dow bottomed at one (1) oz) of gold in 1980, 2 oz in 1934, and 1 oz in 1996. Besides, none of the psychological indicators of a bull market top have appeared, like Gartman and every other guru touting that a “new era” has been reached where gold will remain at permanent high prices. Have y’all seen that in the headlines yet? I haven’t. Anyhow, fact is that while gold and silver are making a big correction, after huge rises that went before (2008 – 2011, $705 – $1,927 and 880c to 4850c), their bull market has not yet ended. Neither in price (now 7.6x vs. 1980′s 24x for gold and now 12x vs. 38-2/3x for silver) nor in time (only 10 years so far, vs. 15 – 20 years) have silver and gold fulfilled their bull market promise. Nor have the causes driving gold and silver up changed, unless central banks have announced “No more inflation” and governments have sworn off deficit spending. I haven’t heard that yet. But what do I know? I’m nothing more than a natural born fool from Tennessee, not one of them smarty writers from New York. Them fellows know everything, like John Corzine and Bernie Madoff. Stocks dropped 131.46 points (1.10%) for a Dow close at 11,823.48. Once they broke that 11,950 support, only air loomed beneath. S&P 500 dropped 1.13% (13.91 points) to 1,211.82. Next stop is 11,600, etc., downward. Yesterday the Dow cut through its 200 day moving average (11,942), today it touched its 50 DMA (11,774.54). Momentum clearly points in gravity’s direction. US DOLLAR INDEX rose again today, fueled by deflation fears and “the-world-and-the- euro-are-flying-apart” fears, up 28.2 basis points to 0.36%. This little rise alone accounteth not for the huge drops in stocks and metals, but it doth confirm yesterday’s upside breakout. Y’all better get used to a rising dollar, cause it’s gonna stretch its legs to 81.50, maybe 83.50, maybe even 88.70. Have I kept this, my expectation, a secret? Have I hidden this from y’all, when all them New York fellers were telling y’all the dollar was going to drop? I don’t remember. Y’all forget about the Euro. Broke 1.3200 support yesterday, and 1.3000 today. Closed down 0.38% to 1.2986. Will drop further and further. Look for 1.2000. Japanese yen dropped 0.05% today to 128.18c/Y100 (Y78.02/$). Trading at the bottom of its 5 month range, but stubbornly clinging. 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.
Google Searching for Higher Prices
Amid a market that has taken investors on its own version of Mr. Toad's Wild
Ride, tech giant Google (NASDAQ: GOOG ) has been quietly advancing. Its recent
rise from the October abyss has brought it to a key multi-year resistance level.
The $630 price area has acted as an impenetrable ceiling, halting each and every
attempt from the search behemoth to return to its all-time highs north of $700.
If GOOG is finally able to break out in the coming weeks, higher prices are
likely to follow. Unfortunately, many traders become quickly discouraged by the
expensive price of GOOG stock and conclude they are unable to participate. But
option traders know that spreads provide the ability to structure cheap trades
on stocks that appear out-of-reach for the undercapitalized retail trader.
Consider the following bull-call spread idea, for example. You could buy to open
the GOOG March 640 Call and, at the same time, sell to open the GOOG March 660
Call for around $8 ($28.60 $20.60). The max risk comes out to $800 and will be
incurred if GOOG remains below $640 at March expiration. The max reward is
capped at the distance between strike prices ($660 $640 = $20) minus the net
debit, which comes to $1,200 ($20 $8 = $12). The maximum reward is captured if
GOOG resides above $660 at March expiration. The cost of the trade is equivalent
to purchasing about 1 and 1/3 shares of stock cheap by just about any standard.
By going out to March, traders allow GOOG plenty of time to stage its advance
higher. As is the case with any breakout pattern, traders need to wait for
prices to break through resistance before pulling the trigger. Source :
MachTrader At the time of this writing Tyler Craig had no positions in GOOG.
Ride, tech giant Google (NASDAQ: GOOG ) has been quietly advancing. Its recent
rise from the October abyss has brought it to a key multi-year resistance level.
The $630 price area has acted as an impenetrable ceiling, halting each and every
attempt from the search behemoth to return to its all-time highs north of $700.
If GOOG is finally able to break out in the coming weeks, higher prices are
likely to follow. Unfortunately, many traders become quickly discouraged by the
expensive price of GOOG stock and conclude they are unable to participate. But
option traders know that spreads provide the ability to structure cheap trades
on stocks that appear out-of-reach for the undercapitalized retail trader.
Consider the following bull-call spread idea, for example. You could buy to open
the GOOG March 640 Call and, at the same time, sell to open the GOOG March 660
Call for around $8 ($28.60 $20.60). The max risk comes out to $800 and will be
incurred if GOOG remains below $640 at March expiration. The max reward is
capped at the distance between strike prices ($660 $640 = $20) minus the net
debit, which comes to $1,200 ($20 $8 = $12). The maximum reward is captured if
GOOG resides above $660 at March expiration. The cost of the trade is equivalent
to purchasing about 1 and 1/3 shares of stock cheap by just about any standard.
By going out to March, traders allow GOOG plenty of time to stage its advance
higher. As is the case with any breakout pattern, traders need to wait for
prices to break through resistance before pulling the trigger. Source :
MachTrader At the time of this writing Tyler Craig had no positions in GOOG.
Google Alert - Antiques treasure
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Gold Breaks 200-Day MA, Silver Plummeting
Gold and silver prices were falling hard Wednesday morning following renewed
anxiety over euro zone leaders ability to agree on sufficiently strong treaty
reforms and a debt solution, as well as the results of the last scheduled 2011
meeting of the U.S. Federal Reserve Boards Open Market Committee. Spot gold was
down more than 1.8% at 10:50 a.m., with a bid price of $1,601.10 per ounce and
an ask price of $1,602.10, having traded as high as $1,632.50 and as low as
$1,598. The London afternoon reference price fix came in at $1,603, according to
Kitco market data . The price of gold has now fallen to its 200-day moving
average support level, which BullionVault puts at $1,610 an ounce. The 200-day
MA support held repeatedly during the volatile market downturn during
September-October, one market analyst noted. A breach would signal a reversal in
trend and a bear market in gold. We have the beginnings of a real bear market,
and the death of a bull (in gold), said Dennis Gartman, who advised readers of
his investment newsletter to avoid buying gold back in August. Spot silver was
down a whopping 6.2% Wednesday morning, bid at $28.94 per ounce with an ask
price of $29.04. The morning high as of time of writing was $30.25 and the low
was $28.74. Wednesdays reference price was set at $29.92 in the London a.m. A
weaker euro and stronger U.S. dollar isnt supportive of higher precious metals,
or share prices, it appears, nor was word from the U.S. Federal Reserve
yesterday and Europe today. For better or for worse, the markets were
disappointed that the FOMC shied away from any additional easing of monetary
policy. Italy had to pay a coupon rate of nearly 6.5% to sell all the five-year
bonds it wanted to. Also, German leaders rebuffed another call by euro zone
members for the European Central Bank to intervene decisively to stop the crisis
escalating, according to Reuters . Turning to stock exchange trading, gold and
silver trusts were falling fast and hard. The SPDR Gold Trust (NYSE: GLD ) was
showing losses of more than 2.7%. The iShares Gold Trust (NYSE: IAU ) was down
around 2.9%. The iShares Silver Trust (NYSE: SLV ) was falling sharply, down
between 6% and 6.6%. Gold and silver mining ETFs were following suit. The Market
Vectors Gold Miners ETF (NYSE: GDX ) was down about 4.6%. The Market Vectors
Junior Gold Miners ETF (NYSE: GDXJ ) fell about 5.25%. The Global X Silver
Miners ETF (NYSE: SIL ) was down some 6.2%. Gold mining shares were showing
sharp losses across the board. Agnico-Eagle Mines (NYSE: AEM ) was showing
losses of some 4.5%. Barrick Gold (NYSE: ABX ) was down around 4.5%. Goldcorp
(NYSE: GG ) was showing losses of around 3.5%. Newmont Mining (NYSE: NEM ) was
around 3.25%. NovaGold Resources (AMEX: NG ) was more than 5.8% lower. Silver
mining shares were taking it on the chin as well. Coeur dAlene Mines (NYSE: CDE
) was moving lower, down nearly 5.8%. Hecla Mining (NYSE: HL ) was down more
than 8.5%. Pan American Silver (NASDAQ: PAAS ) was down more than 6.2%. Silver
Wheaton (NYSE: SLW ) was showing losses of 6.6%. Silver Standard Resources
(NASDAQ: SSRI ) was down more than 8%. As of this writing, Andrew Burger did not
own a share in any of the aforementioned stocks. Adrian Ash of BullionVault
contributed to this report.
anxiety over euro zone leaders ability to agree on sufficiently strong treaty
reforms and a debt solution, as well as the results of the last scheduled 2011
meeting of the U.S. Federal Reserve Boards Open Market Committee. Spot gold was
down more than 1.8% at 10:50 a.m., with a bid price of $1,601.10 per ounce and
an ask price of $1,602.10, having traded as high as $1,632.50 and as low as
$1,598. The London afternoon reference price fix came in at $1,603, according to
Kitco market data . The price of gold has now fallen to its 200-day moving
average support level, which BullionVault puts at $1,610 an ounce. The 200-day
MA support held repeatedly during the volatile market downturn during
September-October, one market analyst noted. A breach would signal a reversal in
trend and a bear market in gold. We have the beginnings of a real bear market,
and the death of a bull (in gold), said Dennis Gartman, who advised readers of
his investment newsletter to avoid buying gold back in August. Spot silver was
down a whopping 6.2% Wednesday morning, bid at $28.94 per ounce with an ask
price of $29.04. The morning high as of time of writing was $30.25 and the low
was $28.74. Wednesdays reference price was set at $29.92 in the London a.m. A
weaker euro and stronger U.S. dollar isnt supportive of higher precious metals,
or share prices, it appears, nor was word from the U.S. Federal Reserve
yesterday and Europe today. For better or for worse, the markets were
disappointed that the FOMC shied away from any additional easing of monetary
policy. Italy had to pay a coupon rate of nearly 6.5% to sell all the five-year
bonds it wanted to. Also, German leaders rebuffed another call by euro zone
members for the European Central Bank to intervene decisively to stop the crisis
escalating, according to Reuters . Turning to stock exchange trading, gold and
silver trusts were falling fast and hard. The SPDR Gold Trust (NYSE: GLD ) was
showing losses of more than 2.7%. The iShares Gold Trust (NYSE: IAU ) was down
around 2.9%. The iShares Silver Trust (NYSE: SLV ) was falling sharply, down
between 6% and 6.6%. Gold and silver mining ETFs were following suit. The Market
Vectors Gold Miners ETF (NYSE: GDX ) was down about 4.6%. The Market Vectors
Junior Gold Miners ETF (NYSE: GDXJ ) fell about 5.25%. The Global X Silver
Miners ETF (NYSE: SIL ) was down some 6.2%. Gold mining shares were showing
sharp losses across the board. Agnico-Eagle Mines (NYSE: AEM ) was showing
losses of some 4.5%. Barrick Gold (NYSE: ABX ) was down around 4.5%. Goldcorp
(NYSE: GG ) was showing losses of around 3.5%. Newmont Mining (NYSE: NEM ) was
around 3.25%. NovaGold Resources (AMEX: NG ) was more than 5.8% lower. Silver
mining shares were taking it on the chin as well. Coeur dAlene Mines (NYSE: CDE
) was moving lower, down nearly 5.8%. Hecla Mining (NYSE: HL ) was down more
than 8.5%. Pan American Silver (NASDAQ: PAAS ) was down more than 6.2%. Silver
Wheaton (NYSE: SLW ) was showing losses of 6.6%. Silver Standard Resources
(NASDAQ: SSRI ) was down more than 8%. As of this writing, Andrew Burger did not
own a share in any of the aforementioned stocks. Adrian Ash of BullionVault
contributed to this report.
Wednesday Apple Rumors: More Users Connecting With Apple TV
Here are your Apple rumors and AAPL stock news items for Wednesday: Apple TV
Eating Connected TV Market Share: While television manufactures like Sony (NYSE:
SNE ) scramble to figure out just what the heck Apple (NASDAQ: AAPL ) is going
to foist on the world when it releases the Apple HDTV in 2012, Apple already has
been making a subtle impact on the TV market. The companys self-described hobby
product, the Apple TV set-top box, will account for 32% of the entire connected
television market by the end of the year. This is according to a new report from
Strategy Analytics published Monday detailing the connected television market.
To clarify, the connected TV player market refers to both televisions and
set-top boxes that access the Internet as well as broadcast, cable and satellite
programming, like Google s (NASDAQ: GOOG ) Google TV and Samsung (PINK: SSNLF )
televisions using Yahoo s (NASDAQ: YHOO ) Yahoo TV. Apples numbers are
impressive, but the connected TV market still is infinitesimally small. Just 8%
of U.S. households use a connected TV device. Microsoft Delivers First iPhone
Apps: Microsoft (NASDAQ: MSFT ) is an equal opportunist when it comes to the
mobile market. Why settle for making money on your own devices when you can seed
your apps across the best-selling handhelds in the world? Hence why Microsoft is
releasing a variety of apps associated with the companys Xbox brand on Apples
iOS platform. Among its initial run of apps are the pet game Kinectimals , a
story-based app for its best-selling franchise Halo , and an interface for its
online gaming and social network Xbox Live. Microsoft also released a
cloud-based file management app for the iPhone and iPad called SkyDrive that
will let users transfer files to and from their iOS device via the web. The
question now is when Microsoft finally will release its profitable Office apps
for iOS. The Office segment of Microsoft rakes in $18 billion per year. Apple
Founding Contract Sold at Auction for $1.6 Million: The original 1976 contract
signed by Steve Wozniak, Ronald Wayne and Steve Jobs that formed the Apple
Computer Company was sold at a Sothebys auction on Tuesday. The contract and
other documents sold for a final price of $1,594,500, more than 10 times the
$150,000 price they were expected to sell for. As of this writing, Anthony John
Agnello did not own a position in any of the stocks named here. Follow him on
Twitter at
Eating Connected TV Market Share: While television manufactures like Sony (NYSE:
SNE ) scramble to figure out just what the heck Apple (NASDAQ: AAPL ) is going
to foist on the world when it releases the Apple HDTV in 2012, Apple already has
been making a subtle impact on the TV market. The companys self-described hobby
product, the Apple TV set-top box, will account for 32% of the entire connected
television market by the end of the year. This is according to a new report from
Strategy Analytics published Monday detailing the connected television market.
To clarify, the connected TV player market refers to both televisions and
set-top boxes that access the Internet as well as broadcast, cable and satellite
programming, like Google s (NASDAQ: GOOG ) Google TV and Samsung (PINK: SSNLF )
televisions using Yahoo s (NASDAQ: YHOO ) Yahoo TV. Apples numbers are
impressive, but the connected TV market still is infinitesimally small. Just 8%
of U.S. households use a connected TV device. Microsoft Delivers First iPhone
Apps: Microsoft (NASDAQ: MSFT ) is an equal opportunist when it comes to the
mobile market. Why settle for making money on your own devices when you can seed
your apps across the best-selling handhelds in the world? Hence why Microsoft is
releasing a variety of apps associated with the companys Xbox brand on Apples
iOS platform. Among its initial run of apps are the pet game Kinectimals , a
story-based app for its best-selling franchise Halo , and an interface for its
online gaming and social network Xbox Live. Microsoft also released a
cloud-based file management app for the iPhone and iPad called SkyDrive that
will let users transfer files to and from their iOS device via the web. The
question now is when Microsoft finally will release its profitable Office apps
for iOS. The Office segment of Microsoft rakes in $18 billion per year. Apple
Founding Contract Sold at Auction for $1.6 Million: The original 1976 contract
signed by Steve Wozniak, Ronald Wayne and Steve Jobs that formed the Apple
Computer Company was sold at a Sothebys auction on Tuesday. The contract and
other documents sold for a final price of $1,594,500, more than 10 times the
$150,000 price they were expected to sell for. As of this writing, Anthony John
Agnello did not own a position in any of the stocks named here. Follow him on
Twitter at
The Gold Price Took a Beating Today, Down 4.6%, Gold and Silver Remain in a Bull Market
Gold Price Close Today : 1584.30 Change : (75.60) or -4.6% Silver Price Close
Today : 2888.10 Change : -231.4 cents or -7.4% Gold Silver Ratio Today : 54.856
Change : 1.646 or 3.1% Silver Gold Ratio Today : 0.01823 Change : -0.000564 or
-3.0% Platinum Price Close Today : 1420.70 Change : -54.10 or -3.7% Palladium
Price Close Today : 618.40 Change : -24.70 or -3.8% S&P 500 : 1,211.82 Change :
-13.91 or -1.1% Dow In GOLD$ : $154.27 Change : $ 5.41 or 3.6% Dow in GOLD oz :
7.463 Change : 0.261 or 3.6% Dow in SILVER oz : 409.39 Change : 26.15 or 6.8%
Dow Industrial : 11,823.48 Change : -131.46 or -1.1% US Dollar Index : 80.52
Change : 0.282 or 0.4% Today was not a banner day for the GOLD PRICE and SILVER
PRICE . Gold lost a massive 4.6%, $75.60, to close Comex at $1,584.30. Silver
lost 7.4%, 231.4c, and shuttered Comex at 2888.1c. End of the world? Well, some
folks think so, but I've been living on the edge of a volcano for years, and I'm
not ready to refugee yet. If SILVER does not hold around 2900c, then there's
very little to catch it between here and lateral support at 2615c, just a little
bottom at 2843c. More likely is a drop to 2615c, quickly, or a grinding
attrition down to 2000c or even 1715c. Making some assumptions about silver's
behaviour from end-September through last Monday gives me a silver target of
2700c -- if height of formation equals depth of drop. Where silver will stop I
don't know, but I've been whipped like this enough times in the past to know
that exactly now, when the screaming enemy is pouring over the parapets and you
are running out of ammo is the time you have to get plumb junk-yard dog mean,
and make up your mind that you are not going to whine and lose your head. I
lived through 2008, when silver dropped from 2067c to 880c, losing more than
100% of the preceding gain, and I saw it come back to 4850c. THE COMEBACK WILL
COME BACK AGAIN. It may delay, but watch for it. It will surely come. The GOLD
PRICE took a bad beating with a big stick today. High came at $1,641.25, but
once it crossed below $1,620, bottom fell out, all the way to $1,558.35. We are
getting near my most likely target, $1,535. I will surely close my eyes, bite my
lip, and buy there. The sort of heads-and-shoulders-y formation on the GOLD
PRICE chart from end-September to early December -- if that's what it is --
gives a target of $1,546. Everything I've said tonight aims to calm y'all down
and fix your eyes on what is really important, the LONG TERM. I know the
internet and the media and all the wise and big-shots in the world want to
distract you with the last 2 hours and the next 24, but history doesn't rise and
set on one day. GOLD and SILVER remain in a bull market. Count on that. World is
full of folks who like to kick a feller when he's down, and mercy, they're
a-piling on gold and silver. Somebody sent me a quotation from the Great Dennis
Gartman (at least, I'm sure he thinks he's great) about how the bull market in
gold was over. Even had 20 year charts to prove it. Ahh, think again. 20 year
chart is useless here because it takes in the last half to the last gold bear
market and the last half of the stock bull market. In other words, as cycles go
it starts at the bottom of a sine wave and runs half way through, instead of
showing from bottom to bottom or top to top, a complete cycle. Gartman and the
article quoting him made much of gold's gains against the dollar and stocks, as
if that "proved" gold's bull market has ended. Sigh -- yes, stocks have lost 80%
against gold, but they will lose another 80% before this ends. Right now about
7.5 oz of gold buys the Dow, down from 44.5 oz at the cycle top in August 1999.
But returning to a whole cycle that topped in 1980, we find that the Dow
bottomed at one (1) oz) of gold in 1980, 2 oz in 1934, and 1 oz in 1996.
Besides, none of the psychological indicators of a bull market top have
appeared, like Gartman and every other guru touting that a "new era" has been
reached where gold will remain at permanent high prices. Have y'all seen that in
the headlines yet? I haven't. Anyhow, fact is that while gold and silver are
making a big correction, after huge rises that went before (2008 - 2011, $705 -
$1,927 and 880c to 4850c), their bull market has not yet ended. Neither in price
(now 7.6x vs. 1980's 24x for gold and now 12x vs. 38-2/3x for silver) nor in
time (only 10 years so far, vs. 15 - 20 years) have silver and gold fulfilled
their bull market promise. Nor have the causes driving gold and silver up
changed, unless central banks have announced "No more inflation" and governments
have sworn off deficit spending. I haven't heard that yet. But what do I know?
I'm nothing more than a natural born fool from Tennessee, not one of them smarty
writers from New York. Them fellows know everything, like John Corzine and
Bernie Madoff. Stocks dropped 131.46 points (1.10%) for a Dow close at
11,823.48. Once they broke that 11,950 support, only air loomed beneath. S&P 500
dropped 1.13% (13.91 points) to 1,211.82. Next stop is 11,600, etc., downward.
Yesterday the Dow cut through its 200 day moving average (11,942), today it
touched its 50 DMA (11,774.54). Momentum clearly points in gravity's direction.
US DOLLAR INDEX rose again today, fueled by deflation fears and
"the-world-and-the- euro-are-flying-apart" fears, up 28.2 basis points to 0.36%.
This little rise alone accounteth not for the huge drops in stocks and metals,
but it doth confirm yesterday's upside breakout. Y'all better get used to a
rising dollar, cause it's gonna stretch its legs to 81.50, maybe 83.50, maybe
even 88.70. Have I kept this, my expectation, a secret? Have I hidden this from
y'all, when all them New York fellers were telling y'all the dollar was going to
drop? I don't remember. Y'all forget about the Euro. Broke 1.3200 support
yesterday, and 1.3000 today. Closed down 0.38% to 1.2986. Will drop further and
further. Look for 1.2000. Japanese yen dropped 0.05% today to 128.18c/Y100
(Y78.02/$). Trading at the bottom of its 5 month range, but stubbornly clinging.
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$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 2888.10 Change : -231.4 cents or -7.4% Gold Silver Ratio Today : 54.856
Change : 1.646 or 3.1% Silver Gold Ratio Today : 0.01823 Change : -0.000564 or
-3.0% Platinum Price Close Today : 1420.70 Change : -54.10 or -3.7% Palladium
Price Close Today : 618.40 Change : -24.70 or -3.8% S&P 500 : 1,211.82 Change :
-13.91 or -1.1% Dow In GOLD$ : $154.27 Change : $ 5.41 or 3.6% Dow in GOLD oz :
7.463 Change : 0.261 or 3.6% Dow in SILVER oz : 409.39 Change : 26.15 or 6.8%
Dow Industrial : 11,823.48 Change : -131.46 or -1.1% US Dollar Index : 80.52
Change : 0.282 or 0.4% Today was not a banner day for the GOLD PRICE and SILVER
PRICE . Gold lost a massive 4.6%, $75.60, to close Comex at $1,584.30. Silver
lost 7.4%, 231.4c, and shuttered Comex at 2888.1c. End of the world? Well, some
folks think so, but I've been living on the edge of a volcano for years, and I'm
not ready to refugee yet. If SILVER does not hold around 2900c, then there's
very little to catch it between here and lateral support at 2615c, just a little
bottom at 2843c. More likely is a drop to 2615c, quickly, or a grinding
attrition down to 2000c or even 1715c. Making some assumptions about silver's
behaviour from end-September through last Monday gives me a silver target of
2700c -- if height of formation equals depth of drop. Where silver will stop I
don't know, but I've been whipped like this enough times in the past to know
that exactly now, when the screaming enemy is pouring over the parapets and you
are running out of ammo is the time you have to get plumb junk-yard dog mean,
and make up your mind that you are not going to whine and lose your head. I
lived through 2008, when silver dropped from 2067c to 880c, losing more than
100% of the preceding gain, and I saw it come back to 4850c. THE COMEBACK WILL
COME BACK AGAIN. It may delay, but watch for it. It will surely come. The GOLD
PRICE took a bad beating with a big stick today. High came at $1,641.25, but
once it crossed below $1,620, bottom fell out, all the way to $1,558.35. We are
getting near my most likely target, $1,535. I will surely close my eyes, bite my
lip, and buy there. The sort of heads-and-shoulders-y formation on the GOLD
PRICE chart from end-September to early December -- if that's what it is --
gives a target of $1,546. Everything I've said tonight aims to calm y'all down
and fix your eyes on what is really important, the LONG TERM. I know the
internet and the media and all the wise and big-shots in the world want to
distract you with the last 2 hours and the next 24, but history doesn't rise and
set on one day. GOLD and SILVER remain in a bull market. Count on that. World is
full of folks who like to kick a feller when he's down, and mercy, they're
a-piling on gold and silver. Somebody sent me a quotation from the Great Dennis
Gartman (at least, I'm sure he thinks he's great) about how the bull market in
gold was over. Even had 20 year charts to prove it. Ahh, think again. 20 year
chart is useless here because it takes in the last half to the last gold bear
market and the last half of the stock bull market. In other words, as cycles go
it starts at the bottom of a sine wave and runs half way through, instead of
showing from bottom to bottom or top to top, a complete cycle. Gartman and the
article quoting him made much of gold's gains against the dollar and stocks, as
if that "proved" gold's bull market has ended. Sigh -- yes, stocks have lost 80%
against gold, but they will lose another 80% before this ends. Right now about
7.5 oz of gold buys the Dow, down from 44.5 oz at the cycle top in August 1999.
But returning to a whole cycle that topped in 1980, we find that the Dow
bottomed at one (1) oz) of gold in 1980, 2 oz in 1934, and 1 oz in 1996.
Besides, none of the psychological indicators of a bull market top have
appeared, like Gartman and every other guru touting that a "new era" has been
reached where gold will remain at permanent high prices. Have y'all seen that in
the headlines yet? I haven't. Anyhow, fact is that while gold and silver are
making a big correction, after huge rises that went before (2008 - 2011, $705 -
$1,927 and 880c to 4850c), their bull market has not yet ended. Neither in price
(now 7.6x vs. 1980's 24x for gold and now 12x vs. 38-2/3x for silver) nor in
time (only 10 years so far, vs. 15 - 20 years) have silver and gold fulfilled
their bull market promise. Nor have the causes driving gold and silver up
changed, unless central banks have announced "No more inflation" and governments
have sworn off deficit spending. I haven't heard that yet. But what do I know?
I'm nothing more than a natural born fool from Tennessee, not one of them smarty
writers from New York. Them fellows know everything, like John Corzine and
Bernie Madoff. Stocks dropped 131.46 points (1.10%) for a Dow close at
11,823.48. Once they broke that 11,950 support, only air loomed beneath. S&P 500
dropped 1.13% (13.91 points) to 1,211.82. Next stop is 11,600, etc., downward.
Yesterday the Dow cut through its 200 day moving average (11,942), today it
touched its 50 DMA (11,774.54). Momentum clearly points in gravity's direction.
US DOLLAR INDEX rose again today, fueled by deflation fears and
"the-world-and-the- euro-are-flying-apart" fears, up 28.2 basis points to 0.36%.
This little rise alone accounteth not for the huge drops in stocks and metals,
but it doth confirm yesterday's upside breakout. Y'all better get used to a
rising dollar, cause it's gonna stretch its legs to 81.50, maybe 83.50, maybe
even 88.70. Have I kept this, my expectation, a secret? Have I hidden this from
y'all, when all them New York fellers were telling y'all the dollar was going to
drop? I don't remember. Y'all forget about the Euro. Broke 1.3200 support
yesterday, and 1.3000 today. Closed down 0.38% to 1.2986. Will drop further and
further. Look for 1.2000. Japanese yen dropped 0.05% today to 128.18c/Y100
(Y78.02/$). Trading at the bottom of its 5 month range, but stubbornly clinging.
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.
Volume Spike Detected in Shares of Randgold Resources as They Move Lower on 1.4x Above-Average Volume (GOLD)
Volume Spike Detected in Shares of Randgold Resources as They Move Lower on
1.4x Above-Average Volume (GOLD) Financial News Network Online - 8 hours ago
Randgold Resourcess stock is down 3.6% to $98.85 on heavy trading volume. About
927,000 shares have been traded today, as compared to the 30-day average volume
of 657,000 shares. Spikes in volume ...
1.4x Above-Average Volume (GOLD) Financial News Network Online - 8 hours ago
Randgold Resourcess stock is down 3.6% to $98.85 on heavy trading volume. About
927,000 shares have been traded today, as compared to the 30-day average volume
of 657,000 shares. Spikes in volume ...
Top 10 U.S.-Listed Chinese Stocks with Highest Dividend Yield: SFUN, CTEL, HNP, SSW, EJ, SHI, PTR, GA, CHL, YZC (Dec 14, 2011)
Below are the top 10 U.S.-listed Chinese stocks with highest dividend yields.
SouFun Holdings Limited (ADR) (NYSE:SFUN) has the 1st highest dividend yield in
this segment of the market. Its current dividend yield is 29.83%. Its dividend
payout ratio was N/A for the last 12 months. City Telecom (H.K.) Limited (ADR)
(NASDAQ:CTEL) has the 2nd highest dividend yield in this segment of the market.
Its current dividend yield is 7.23%. Its dividend payout ratio was 73.71% for
the last 12 months. Huaneng Power International, Inc. (ADR) (NYSE:HNP) has the
3rd highest dividend yield in this segment of the market. Its current dividend
yield is 6.27%. Its dividend payout ratio was 110.39% for the last 12 months.
Seaspan Corporation (NYSE:SSW) has the 4th highest dividend yield in this
segment of the market. Its current dividend yield is 6.17%. Its dividend payout
ratio was N/A for the last 12 months. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) has the 5th highest dividend yield in this segment of the market. Its
current dividend yield is 5.68%. Its dividend payout ratio was N/A for the last
12 months. Sinopec Shanghai Petrochemical Co. (ADR) (NYSE:SHI) has the 6th
highest dividend yield in this segment of the market. Its current dividend yield
is 4.65%. Its dividend payout ratio was 26.84% for the last 12 months.
PetroChina Company Limited (ADR) (NYSE:PTR) has the 7th highest dividend yield
in this segment of the market. Its current dividend yield is 4.50%. Its dividend
payout ratio was N/A for the last 12 months. Giant Interactive Group Inc (ADR)
(NYSE:GA) has the 8th highest dividend yield in this segment of the market. Its
current dividend yield is 4.47%. Its dividend payout ratio was N/A for the last
12 months. China Mobile Ltd. (ADR) (NYSE:CHL) has the 9th highest dividend yield
in this segment of the market. Its current dividend yield is 4.26%. Its dividend
payout ratio was 43.06% for the last 12 months. Yanzhou Coal Mining Co. (ADR)
(NYSE:YZC) has the 10th highest dividend yield in this segment of the market.
Its current dividend yield is 4.15%. Its dividend payout ratio was 24.70% for
the last 12 months.
SouFun Holdings Limited (ADR) (NYSE:SFUN) has the 1st highest dividend yield in
this segment of the market. Its current dividend yield is 29.83%. Its dividend
payout ratio was N/A for the last 12 months. City Telecom (H.K.) Limited (ADR)
(NASDAQ:CTEL) has the 2nd highest dividend yield in this segment of the market.
Its current dividend yield is 7.23%. Its dividend payout ratio was 73.71% for
the last 12 months. Huaneng Power International, Inc. (ADR) (NYSE:HNP) has the
3rd highest dividend yield in this segment of the market. Its current dividend
yield is 6.27%. Its dividend payout ratio was 110.39% for the last 12 months.
Seaspan Corporation (NYSE:SSW) has the 4th highest dividend yield in this
segment of the market. Its current dividend yield is 6.17%. Its dividend payout
ratio was N/A for the last 12 months. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) has the 5th highest dividend yield in this segment of the market. Its
current dividend yield is 5.68%. Its dividend payout ratio was N/A for the last
12 months. Sinopec Shanghai Petrochemical Co. (ADR) (NYSE:SHI) has the 6th
highest dividend yield in this segment of the market. Its current dividend yield
is 4.65%. Its dividend payout ratio was 26.84% for the last 12 months.
PetroChina Company Limited (ADR) (NYSE:PTR) has the 7th highest dividend yield
in this segment of the market. Its current dividend yield is 4.50%. Its dividend
payout ratio was N/A for the last 12 months. Giant Interactive Group Inc (ADR)
(NYSE:GA) has the 8th highest dividend yield in this segment of the market. Its
current dividend yield is 4.47%. Its dividend payout ratio was N/A for the last
12 months. China Mobile Ltd. (ADR) (NYSE:CHL) has the 9th highest dividend yield
in this segment of the market. Its current dividend yield is 4.26%. Its dividend
payout ratio was 43.06% for the last 12 months. Yanzhou Coal Mining Co. (ADR)
(NYSE:YZC) has the 10th highest dividend yield in this segment of the market.
Its current dividend yield is 4.15%. Its dividend payout ratio was 24.70% for
the last 12 months.
Bank of America Corporation (NYSE:BAC) Gets New Data Officer
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tdp2664 E money daily Bank of America Corporation (NYSE:BAC) has appointed John Bottega as Chief Data Officer. Bank of America Corporation (NYSE:BAC) Gets New Data Officer Bank of America Corporation (NYSE:BAC) has named John Bottega as chief data officer. Bottega will be responsible for the bank’s data management strategy, policy and governance. Marc Gordon, Enterprise Chief Information Officer, Bank of America Corporation (NYSE:BAC), said that, “John is a proven leader with an extensive background in data management and data quality. Adding John to our team demonstrates the Bank of America Corporation (NYSE:BAC)’s continued focus and commitment in these critical areas”. Bank of America Corp. (NYSE:BAC) stocks were at 5.27 at the end of the last day’s trading. There’s been a -24.0% change in the stock price over the past 3 months. Bank of America Corp. (NYSE:BAC) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.25 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.33 Zack’s Rank: 6 out of 15 in the industry
Gold Futures Plummet to Lowest Close Since July
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DG365FD46564GFH654FU898 Gold futures plunged Wednesday, with the COMEX February 2012 contract settling down by $76.20, or 4.6%, at $1,586.90 per ounce.
Dreary Day for Gold, Oil — Wednesday’s IP Market Recap
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tdp2664 InvestorPlace The European hangover continued into Wednesday, with fears about decreased government spending across the euro zone taking its toll on commodities. Oil futures were down about $5 per barrel, and gold prices fell below $1,600, breaking its 200-day moving average for the first time in almost two years — taking down numerous funds and stocks as a result. Across the oil world, powerhouses like Chevron (NYSE: CVX ) and Hess (NYSE: HES ) were sustaining losses, to the tune of 3% and 4%, respectively. The drop also was reflected across oil-based funds, such as the iPath S&P GSCI Crude Oil Total Return (NYSE: OIL , -5.23%), the PowerShares DB Oil Fund ETF (NYSE: DBO , -4.83%) and the United States Brent Oil Fund (NYSE: BNO , -4.39%). Much that was gold didn't glitter, either, with the SPDR Gold Trust (NYSE: GLD ) down around 3.5% and the iShares Gold Trust (NYSE: IAU ) down almost 4%. Miners were especially burned, with Yamana Gold (NYSE: AUY ) down almost 6% and NovaGold (AMEX: NG ) shedding 5.6%. Silver suffered, too, with the iShares Silver Trust (NYSE: SLV ) down about 6%, but those betting against the metal today through the ProShares UltraShort Silver ETF (NYSE: ZSL ) had one of the biggest upside surprises of the day, gaining almost 12% on their investments. The solar sector wasn't faring much better Wednesday after First Solar (NASDAQ: FSLR ) reduced fiscal year forecasts for the third time this year and saw shares shredded by more than 21%. A number of factors have weighed on solar stocks for some time, but First Solar's news was a strong catalyst that bombed companies like SunPower (NASDAQ: SPWR , -16%) and Suntech Power (NYSE: STP , -4.17%). Three Up Vertex Pharmaceuticals (NASDAQ: VRTX ): Up 6.56% ($1.88) to $30.54. Avon Products (NYSE: AVP ): Up 5.08% (82 cents) to $16.96. ( Read more about Avon ousting its CEO and whether AVP is a safe stock here. ) Delta Air Lines (NYSE: DAL ): Up 2% (16 cents) to $8.15. Three Down Sprint Nextel (NYSE: S ): Down 5.02% (12 cents) to $2.27. Charles Schwab (NYSE: SCHW ): Down 4.86% (56 cents) to $10.97. Sears Holdings (NASDAQ: SHLD ): Down 4.73% ($2.54) to $51.17. 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 .
Apple Inc. (NASDAQ:AAPL) Expanding iTunes Store
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tdp2664 E money daily Apple Inc. (NASDAQ:AAPL) has launched its iTunes store in Brazil and 15 other Latin American countries. Apple Inc. (NASDAQ:AAPL) Expanding iTunes Store According to an announcement made by Apple Inc. (NASDAQ:AAPL), it has introduced its iTunes store in Brazil and 15 other Latin American countries, making available for sale more than 20 million songs. Apple Inc. (NASDAQ:AAPL) said in a statement, "The new iTunes store also offers over a thousand movies to rent or purchase from major studios such as 20th Century Fox, Paramount Pictures, Sony Pictures Home Entertainment, Universal Pictures, The Walt Disney Studios and Warner Bros. Pictures." Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 379.87. Price History Last Price: 379.87 52 Week Low / High: 310.5 / 426.7 50 Day Moving Average: 391.28 6 Month Price Change %: 17.0% 12 Month Price Change %: 20.9%
Microsoft Corporation (NASDAQ:MSFT) Founder Wants To Build Spaceship
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tdp2664 E money daily A Microsoft Corporation (NASDAQ:MSFT) co-founder has announced his plan to build a spaceship. Microsoft Corporation (NASDAQ:MSFT) Founder Wants To Build Spaceship According to a report Microsoft Corporation (NASDAQ:MSFT) co-founder Paul Allen is planning to build a spaceship. The spaceship is expected to replace the Space Shuttle and put paying passengers into orbit this decade. Allen said that, “I have long dreamed about taking the next big step in private space flight to offer a flexible, orbital space delivery system”. I hope to launch unmanned rockets from a massive flying carrier plane to put government and commercial satellites into space and eventually evolve to human space missions". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.63 at the end of the last day’s trading. There’s been a -1.1% change 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: 1.75 Zack’s Rank: 27 out of 89 in the industry
ADR Report: Shares Mostly Higher Amid Strong US Consumer Data
ADR Report: Shares Mostly Higher Amid Strong US Consumer Data Wall Street
Journal (India) - Nov 29, 2011 By Matt Jarzemsky Of DOW JONES NEWSWIRES NEW YORK
(Dow Jones)--International companies trading in New York closed mostly higher
Tuesday, in line with the broader market, following stronger-than-expected US
consumer-confidence data and a well-received ...
Journal (India) - Nov 29, 2011 By Matt Jarzemsky Of DOW JONES NEWSWIRES NEW YORK
(Dow Jones)--International companies trading in New York closed mostly higher
Tuesday, in line with the broader market, following stronger-than-expected US
consumer-confidence data and a well-received ...
Microsoft Corporation (NASDAQ:MSFT) Founder Wants To Build Spaceship
A Microsoft Corporation (NASDAQ:MSFT) co-founder has announced his plan to
build a spaceship. Microsoft Corporation (NASDAQ:MSFT) Founder Wants To Build
Spaceship According to a report Microsoft Corporation (NASDAQ:MSFT) co-founder
Paul Allen is planning to build a spaceship. The spaceship is expected to
replace the Space Shuttle and put paying passengers into orbit this decade.
Allen said that, I have long dreamed about taking the next big step in private
space flight to offer a flexible, orbital space delivery system. I hope to
launch unmanned rockets from a massive flying carrier plane to put government
and commercial satellites into space and eventually evolve to human space
missions". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.63 at the end of
the last days trading. Theres been a -1.1% change 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: 1.75 Zacks Rank: 27 out of 89 in the industry
build a spaceship. Microsoft Corporation (NASDAQ:MSFT) Founder Wants To Build
Spaceship According to a report Microsoft Corporation (NASDAQ:MSFT) co-founder
Paul Allen is planning to build a spaceship. The spaceship is expected to
replace the Space Shuttle and put paying passengers into orbit this decade.
Allen said that, I have long dreamed about taking the next big step in private
space flight to offer a flexible, orbital space delivery system. I hope to
launch unmanned rockets from a massive flying carrier plane to put government
and commercial satellites into space and eventually evolve to human space
missions". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.63 at the end of
the last days trading. Theres been a -1.1% change 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: 1.75 Zacks Rank: 27 out of 89 in the industry
Dreary Day for Gold, Oil — Wednesday’s IP Market Recap
The European hangover continued into Wednesday, with fears about decreased
government spending across the euro zone taking its toll on commodities. Oil
futures were down about $5 per barrel, and gold prices fell below $1,600,
breaking its 200-day moving average for the first time in almost two years
taking down numerous funds and stocks as a result. Across the oil world,
powerhouses like Chevron (NYSE: CVX ) and Hess (NYSE: HES ) were sustaining
losses, to the tune of 3% and 4%, respectively. The drop also was reflected
across oil-based funds, such as the iPath S&P GSCI Crude Oil Total Return (NYSE:
OIL , -5.23%), the PowerShares DB Oil Fund ETF (NYSE: DBO , -4.83%) and the
United States Brent Oil Fund (NYSE: BNO , -4.39%). Much that was gold didn't
glitter, either, with the SPDR Gold Trust (NYSE: GLD ) down around 3.5% and the
iShares Gold Trust (NYSE: IAU ) down almost 4%. Miners were especially burned,
with Yamana Gold (NYSE: AUY ) down almost 6% and NovaGold (AMEX: NG ) shedding
5.6%. Silver suffered, too, with the iShares Silver Trust (NYSE: SLV ) down
about 6%, but those betting against the metal today through the ProShares
UltraShort Silver ETF (NYSE: ZSL ) had one of the biggest upside surprises of
the day, gaining almost 12% on their investments. The solar sector wasn't
faring much better Wednesday after First Solar (NASDAQ: FSLR ) reduced fiscal
year forecasts for the third time this year and saw shares shredded by more than
21%. A number of factors have weighed on solar stocks for some time, but First
Solar's news was a strong catalyst that bombed companies like SunPower
(NASDAQ: SPWR , -16%) and Suntech Power (NYSE: STP , -4.17%). Three Up Vertex
Pharmaceuticals (NASDAQ: VRTX ): Up 6.56% ($1.88) to $30.54. Avon Products
(NYSE: AVP ): Up 5.08% (82 cents) to $16.96. ( Read more about Avon ousting its
CEO and whether AVP is a safe stock here. ) Delta Air Lines (NYSE: DAL ): Up 2%
(16 cents) to $8.15. Three Down Sprint Nextel (NYSE: S ): Down 5.02% (12 cents)
to $2.27. Charles Schwab (NYSE: SCHW ): Down 4.86% (56 cents) to $10.97. Sears
Holdings (NASDAQ: SHLD ): Down 4.73% ($2.54) to $51.17. 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 .
government spending across the euro zone taking its toll on commodities. Oil
futures were down about $5 per barrel, and gold prices fell below $1,600,
breaking its 200-day moving average for the first time in almost two years
taking down numerous funds and stocks as a result. Across the oil world,
powerhouses like Chevron (NYSE: CVX ) and Hess (NYSE: HES ) were sustaining
losses, to the tune of 3% and 4%, respectively. The drop also was reflected
across oil-based funds, such as the iPath S&P GSCI Crude Oil Total Return (NYSE:
OIL , -5.23%), the PowerShares DB Oil Fund ETF (NYSE: DBO , -4.83%) and the
United States Brent Oil Fund (NYSE: BNO , -4.39%). Much that was gold didn't
glitter, either, with the SPDR Gold Trust (NYSE: GLD ) down around 3.5% and the
iShares Gold Trust (NYSE: IAU ) down almost 4%. Miners were especially burned,
with Yamana Gold (NYSE: AUY ) down almost 6% and NovaGold (AMEX: NG ) shedding
5.6%. Silver suffered, too, with the iShares Silver Trust (NYSE: SLV ) down
about 6%, but those betting against the metal today through the ProShares
UltraShort Silver ETF (NYSE: ZSL ) had one of the biggest upside surprises of
the day, gaining almost 12% on their investments. The solar sector wasn't
faring much better Wednesday after First Solar (NASDAQ: FSLR ) reduced fiscal
year forecasts for the third time this year and saw shares shredded by more than
21%. A number of factors have weighed on solar stocks for some time, but First
Solar's news was a strong catalyst that bombed companies like SunPower
(NASDAQ: SPWR , -16%) and Suntech Power (NYSE: STP , -4.17%). Three Up Vertex
Pharmaceuticals (NASDAQ: VRTX ): Up 6.56% ($1.88) to $30.54. Avon Products
(NYSE: AVP ): Up 5.08% (82 cents) to $16.96. ( Read more about Avon ousting its
CEO and whether AVP is a safe stock here. ) Delta Air Lines (NYSE: DAL ): Up 2%
(16 cents) to $8.15. Three Down Sprint Nextel (NYSE: S ): Down 5.02% (12 cents)
to $2.27. Charles Schwab (NYSE: SCHW ): Down 4.86% (56 cents) to $10.97. Sears
Holdings (NASDAQ: SHLD ): Down 4.73% ($2.54) to $51.17. 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 10 Best-Rated Semiconductor Stocks: SIMO, TTMI, SIMG, INVE, MX, PSEM, RTEC, ATML, SPRD, COHR (Dec 14, 2011)
Below are the top 10 best-rated Semiconductor stocks, based on the percentage
of positive ratings by brokerage analysts. One Chinese company (SPRD) is on the
list. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) is the first
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it. TTM Technologies, Inc. (NASDAQ:TTMI) is
the second best-rated stock in this segment of the market. It is rated
positively by 100% of the 6 brokerage analysts covering it. Silicon Image, Inc.
(NASDAQ:SIMG) is the third best-rated stock in this segment of the market. It is
rated positively by 100% of the 5 brokerage analysts covering it. Identive
Group, Inc. (NASDAQ:INVE) is the fourth best-rated stock in this segment of the
market. It is rated positively by 100% of the 4 brokerage analysts covering it.
Magnachip Semiconductor LLC (NYSE:MX) 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. Pericom Semiconductor (NASDAQ:PSEM) 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. Rudolph Technologies, Inc.
(NASDAQ:RTEC) 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. Atmel
Corporation (NASDAQ:ATML) is the eighth best-rated stock in this segment of the
market. It is rated positively by 94% of the 16 brokerage analysts covering it.
Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the ninth best-rated stock
in this segment of the market. It is rated positively by 93% of the 14 brokerage
analysts covering it. Coherent, Inc. (NASDAQ:COHR) is the 10th best-rated stock
in this segment of the market. It is rated positively by 86% of the 7 brokerage
analysts covering it.
of positive ratings by brokerage analysts. One Chinese company (SPRD) is on the
list. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) is the first
best-rated stock in this segment of the market. It is rated positively by 100%
of the 6 brokerage analysts covering it. TTM Technologies, Inc. (NASDAQ:TTMI) is
the second best-rated stock in this segment of the market. It is rated
positively by 100% of the 6 brokerage analysts covering it. Silicon Image, Inc.
(NASDAQ:SIMG) is the third best-rated stock in this segment of the market. It is
rated positively by 100% of the 5 brokerage analysts covering it. Identive
Group, Inc. (NASDAQ:INVE) is the fourth best-rated stock in this segment of the
market. It is rated positively by 100% of the 4 brokerage analysts covering it.
Magnachip Semiconductor LLC (NYSE:MX) 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. Pericom Semiconductor (NASDAQ:PSEM) 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. Rudolph Technologies, Inc.
(NASDAQ:RTEC) 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. Atmel
Corporation (NASDAQ:ATML) is the eighth best-rated stock in this segment of the
market. It is rated positively by 94% of the 16 brokerage analysts covering it.
Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the ninth best-rated stock
in this segment of the market. It is rated positively by 93% of the 14 brokerage
analysts covering it. Coherent, Inc. (NASDAQ:COHR) is the 10th best-rated stock
in this segment of the market. It is rated positively by 86% of the 7 brokerage
analysts covering it.
9 Mining Stocks to Keep Buried
Add the possibility of deflation to renewed European debt jitters, and you've
got yourself a case for a decline in basic materials and precious metals. But
don't just take the latest news as an example. The majority of stocks that
rely on the mining of basic materials have been on a downward tear ever since
the August lows. I watch more than 5,000 publicly traded companies with my
Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. And this week, Ive got nine mining stocks to keep buried.
Here they are, in alphabetical order. Each one of these stocks gets a "D" or
"F" according to my research, meaning it is a "sell" or "strong
sell." Alcoa (NYSE: AA ) is engaged with the mining, refining, smelting,
fabricating and recycling of aluminum products. A drop of 42% for AA stock in
the past 12 months has shareholders questioning what they initially saw in the
stock. AA gets an "F" for earnings momentum, an "F" for the company's
ability to exceed consensus earnings estimates on Wall Street and an "F" for
the magnitude in which earnings projections have increased over the past months
in my Portfolio grader tool. For more information, view my complete analysis of
AA stock . ArcelorMittal (NYSE: MT ) shipped more than 85 million tons of steel
in 2010. Despite such high volume, MT stock is down a discouraging 56%
year-to-date. MT stock gets a "D" for operating margin growth, an "F"
for the company's ability to exceed consensus earnings estimates on Wall
Street, an "F" for the magnitude in which earnings projections have
increased over the past month, a "D" for cash flow and a "D" for return
on equity in my Portfolio Grader tool. For more information, view my complete
analysis of MT stock . Freeport-McMoRan Copper & Gold (NYSE: FCX ) is known for
copper, gold and molybdenum mining. Since the start of 2011, FCX stock is down
38%, compared to a gain of 2% for the Dow Jones in the same period. FCX gets a
"D" for sales growth, a "D" for earnings growth, a "D" for earnings
momentum and an "F" for the magnitude in which earnings projections have
increased during the past month in my Portfolio Grader tool. For more
information, view my complete analysis of FCX stock . Gerdau (NYSE: GGB ) is a
producer of long-rolled steel that has watched its stock value decrease nearly
48% since the start of 2011. GGB gets a "D" for operating margin growth, a
"D" for earnings growth, a "D" for the magnitude in which earnings
projections have increased over the past month and a "D" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of GGB stock .
got yourself a case for a decline in basic materials and precious metals. But
don't just take the latest news as an example. The majority of stocks that
rely on the mining of basic materials have been on a downward tear ever since
the August lows. I watch more than 5,000 publicly traded companies with my
Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. And this week, Ive got nine mining stocks to keep buried.
Here they are, in alphabetical order. Each one of these stocks gets a "D" or
"F" according to my research, meaning it is a "sell" or "strong
sell." Alcoa (NYSE: AA ) is engaged with the mining, refining, smelting,
fabricating and recycling of aluminum products. A drop of 42% for AA stock in
the past 12 months has shareholders questioning what they initially saw in the
stock. AA gets an "F" for earnings momentum, an "F" for the company's
ability to exceed consensus earnings estimates on Wall Street and an "F" for
the magnitude in which earnings projections have increased over the past months
in my Portfolio grader tool. For more information, view my complete analysis of
AA stock . ArcelorMittal (NYSE: MT ) shipped more than 85 million tons of steel
in 2010. Despite such high volume, MT stock is down a discouraging 56%
year-to-date. MT stock gets a "D" for operating margin growth, an "F"
for the company's ability to exceed consensus earnings estimates on Wall
Street, an "F" for the magnitude in which earnings projections have
increased over the past month, a "D" for cash flow and a "D" for return
on equity in my Portfolio Grader tool. For more information, view my complete
analysis of MT stock . Freeport-McMoRan Copper & Gold (NYSE: FCX ) is known for
copper, gold and molybdenum mining. Since the start of 2011, FCX stock is down
38%, compared to a gain of 2% for the Dow Jones in the same period. FCX gets a
"D" for sales growth, a "D" for earnings growth, a "D" for earnings
momentum and an "F" for the magnitude in which earnings projections have
increased during the past month in my Portfolio Grader tool. For more
information, view my complete analysis of FCX stock . Gerdau (NYSE: GGB ) is a
producer of long-rolled steel that has watched its stock value decrease nearly
48% since the start of 2011. GGB gets a "D" for operating margin growth, a
"D" for earnings growth, a "D" for the magnitude in which earnings
projections have increased over the past month and a "D" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of GGB stock .
Gold Futures Plummet to Lowest Close Since July
Gold futures plunged Wednesday, with the COMEX February 2012 contract settling
down by $76.20, or 4.6%, at $1,586.90 per ounce.
down by $76.20, or 4.6%, at $1,586.90 per ounce.
Avon Surges on CEO Change — But AVP Stock Still Shaky
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tdp2664 InvestorPlace There aren't a lot of female CEOs in the United States — in the Fortune 500 list for 2011, just 12 women were at the helm of America's biggest companies, down from 15 the previous year. One of the most prominent executives on that list was Avon Products (NYSE: AVP ) CEO Andrea Jung, who had led the company since 1999. She also is no stranger to corporate boardrooms — Jung was at Apple (NASDAQ: AAPL ) as the iPad was unveiled and has been a member of the Apple board of directors since 2008. She also has served on the board of directors for General Electric (NYSE: GE ) since 1998. But that pedigree hasn't shielded Jung from criticism as Avon has melted down recently. Revenue has gone nowhere for three years, the company has missed earnings estimates in three of the past four quarters and shares of AVP stock have lost almost half their value so far in 2011. Throw in a federal investigation into whether Avon broke bribery laws, and you can understand why Jung is in the hot seat. For all these reasons and more, it was announced that Jung will become executive chairman on the first of the year and that the board of Avon will be looking for her replacement as CEO. It's ironic that Jung has put money in the pockets of "Avon Ladies" all around the world by signing on commission-based representatives from America to South Africa to Korea, but has struggled to make profits for investors. So what's next for Avon stock now that Jung is moving out of the picture? Well, Wall Street seems to like the move. Avon stock leaped on the news today, up around 7% Wednesday despite a down day for the market. And even after this surge, Avon's 23-cent quarterly dividend still represents a yield of more than 5% — significantly above peers like Estee Lauder (NYSE: EL ) with a 1% yield and Revlon (NYSE: REV ), which offers no dividends. The 5% dividend is more attractive than even the payouts of diversified consumer products giants like Procter & Gamble (NYSE: PG ) and Colgate-Palmolive (NYSE: CL ). But obviously that 5% dividend still would leave you severely in the red so far this year — and without an end in sight to investigations by the SEC, things could remain dicey for Avon. An internal probe at Avon uncovered millions of dollars of questionable payments to officials in China, Brazil, Mexico, Argentina, India and Japan — prompting external review from the SEC under the Foreign Corrupt Practices Act, even after Avon already fired four executives because of the findings. U.S. regulators also subpoenaed Avon over contact with financial analysts in a separate investigation this year. The removal of Jung might cheer investors who were disappointed with the downward spiral of the company — but it's only half the battle. The real test will be fixing the corporate culture of Avon to win back Wall Street's trust, boosting stagnant sales and beating back the SEC investigations that loom over the company. No easy tasks for any executive. Maybe Jung is breathing a sigh of relief now that these issues are going to be someone else's problem. Jeff Reeves is the editor of InvestorPlace.com. Write him at editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As of this writing, he did not own a position in any of the aforementioned stocks.
Will GLUU Run Into Zynga? Not If The Market Doesn’t Turn
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tdp2664 Penny Stock Live To watch in HD, first expand the video and then select 1080p in your settings just below the chart.
Groupon’s Analysts Not Too Thrilled
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tdp2664 InvestorPlace The "quiet period" is a requirement that a company's insiders and underwriters are not allowed to make comments about its IPO. It's a bit archaic, but traders like to follow it. Why? When the quiet period ends 40 days after the IPO, the underwriters' analysts can start putting recommendations on the stock. As should be no surprise, they usually are upbeat. After all, the underwriters probably want to get some follow-on business, such as secondaries and acquisitions. In the case of Groupon, the quiet period expired today, and the stock surged 9% Tuesday in anticipation of bullish comments. They never came. Interestingly enough, various analysts were lukewarm, such as RBC Capital, Credit Suisse (NYSE: CS ), Deutsche Bank (NYSE: DB ), Citigroup (NYSE: C ) and Morgan Stanley (NYSE: MS ). The ratings “range” from neutral to sector perform to hold. Even for the bullish analysts, the top price targets were only $29. Consider that Groupon currently is trading at $22. So what's bugging analysts? A general theme is valuation. The fact is Groupon's market cap fully factors in much of the growth expectations. The stock also has plenty of risk. Groupon has tough one-for-one competitors like LivingSocial (the company is in the process of raising $400 million ). But Google (NASDAQ: GOOG ) also poses a big threat. Just yesterday, the company purchased Clever Sense, which developed Alfred — a mobile app for restaurant recommendations. Groupon also been decelerating its marketing expenditures, which should help improve short-term profitability but could be a drag on the revenue ramp. Investors should be cautious going forward with Groupon. If a company's underwriters get skittish, it could mean a rough time for the stock. Tom Taulli runs the InvestorPlace blog " IPOPlaybook ," a site dedicated to the hottest news and rumors about initial public offerings. He is also the author of "All About Short Selling" and "All About Commodities." Follow him on Twitter at @ttaulli . As of this writing, he did not own a position in any of the aforementioned stocks.
Microsoft Corporation (NASDAQ:MSFT) Plans Educational Event
XCSFDHG46767FHJHJF
tdp2664 E money daily Microsoft Corporation (NASDAQ:MSFT) has teamed up with the Kuwait Education Ministry to host 'DigiGirlz Day’. Microsoft Corporation (NASDAQ:MSFT) Plans Educational Event Reports say that Microsoft Corporation (NASDAQ:MSFT) Kuwait, in collaboration with the Ministry of Education, hosted its 'Microsoft Corporation (NASDAQ:MSFT) DigiGirlz Day' at the 'How Do I Plan My Future Exhibition'. The DigiGirlz event is a part of the partners in learning agreement signed between Microsoft Corporation (NASDAQ:MSFT) and the Ministry of Education. The event aims to increase the engagement of female students in technology within an educational framework. Ehab Mostafa, country manager, Microsoft Corporation (NASDAQ:MSFT) Kuwait, said that, "Microsoft Corporation (NASDAQ:MSFT) is committed to partnering with universities and schools to increase the representation of women in IT-related majors by changing the image of technology and creating opportunities attractive to female students. DigiGirlz is an effort to show high-school girl students what the technology industry is all about, what careers are available and to let them see how exciting it is to create something that can truly and positively impact a large number of people". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.63 at the end of the last day’s trading. There’s been a -1.1% 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: 1.75 Zack’s Rank: 27 out of 89 in the industry
How the European Debt Crisis Affects Gold Price?
The rising concerns in regards to the faith of the European Union continues to
grow; the recent agreement struck in the EU Summit in Brussels has failed to
ease the speculation around the instability of the European Union. There are
mixed signals in regards to the effect of the European Debt Crisis on gold
price: Some speculate that the EU crisis pushes gold price down and other think
the opposite, so which is it? Many explain the connection between the EU debt
crisis and changes in gold price via risk level in the markets: as the risk
aversion in the markets rises (which could be stem, in part, from the debt
crisis in Greece/ Ireland/ Portugal/ Italy and so forth), traders lean towards
safe haven investments including gold and silver. But in recent months there
have been a paradigm shift and I suspect that precious metals prices follow the
direction of the Euro. The chart below shows the development of the Euro/USD and
gold price during 2011 (until November): The chart shows that gold price rose
during most of 2011 until August when it started to fluctuate and sharply
declined. Most of these falls, mainly in August and September were
grow; the recent agreement struck in the EU Summit in Brussels has failed to
ease the speculation around the instability of the European Union. There are
mixed signals in regards to the effect of the European Debt Crisis on gold
price: Some speculate that the EU crisis pushes gold price down and other think
the opposite, so which is it? Many explain the connection between the EU debt
crisis and changes in gold price via risk level in the markets: as the risk
aversion in the markets rises (which could be stem, in part, from the debt
crisis in Greece/ Ireland/ Portugal/ Italy and so forth), traders lean towards
safe haven investments including gold and silver. But in recent months there
have been a paradigm shift and I suspect that precious metals prices follow the
direction of the Euro. The chart below shows the development of the Euro/USD and
gold price during 2011 (until November): The chart shows that gold price rose
during most of 2011 until August when it started to fluctuate and sharply
declined. Most of these falls, mainly in August and September were
Microsoft Corporation (NASDAQ:MSFT) Plans Educational Event
Microsoft Corporation (NASDAQ:MSFT) has teamed up with the Kuwait Education
Ministry to host 'DigiGirlz Day. Microsoft Corporation (NASDAQ:MSFT) Plans
Educational Event Reports say that Microsoft Corporation (NASDAQ:MSFT) Kuwait,
in collaboration with the Ministry of Education, hosted its 'Microsoft
Corporation (NASDAQ:MSFT) DigiGirlz Day' at the 'How Do I Plan My Future
Exhibition'. The DigiGirlz event is a part of the partners in learning
agreement signed between Microsoft Corporation (NASDAQ:MSFT) and the Ministry of
Education. The event aims to increase the engagement of female students in
technology within an educational framework. Ehab Mostafa, country manager,
Microsoft Corporation (NASDAQ:MSFT) Kuwait, said that, "Microsoft Corporation
(NASDAQ:MSFT) is committed to partnering with universities and schools to
increase the representation of women in IT-related majors by changing the image
of technology and creating opportunities attractive to female students.
DigiGirlz is an effort to show high-school girl students what the technology
industry is all about, what careers are available and to let them see how
exciting it is to create something that can truly and positively impact a large
number of people". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.63 at the
end of the last days trading. Theres been a -1.1% 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: 1.75 Zacks Rank: 27 out of 89 in the industry
Ministry to host 'DigiGirlz Day. Microsoft Corporation (NASDAQ:MSFT) Plans
Educational Event Reports say that Microsoft Corporation (NASDAQ:MSFT) Kuwait,
in collaboration with the Ministry of Education, hosted its 'Microsoft
Corporation (NASDAQ:MSFT) DigiGirlz Day' at the 'How Do I Plan My Future
Exhibition'. The DigiGirlz event is a part of the partners in learning
agreement signed between Microsoft Corporation (NASDAQ:MSFT) and the Ministry of
Education. The event aims to increase the engagement of female students in
technology within an educational framework. Ehab Mostafa, country manager,
Microsoft Corporation (NASDAQ:MSFT) Kuwait, said that, "Microsoft Corporation
(NASDAQ:MSFT) is committed to partnering with universities and schools to
increase the representation of women in IT-related majors by changing the image
of technology and creating opportunities attractive to female students.
DigiGirlz is an effort to show high-school girl students what the technology
industry is all about, what careers are available and to let them see how
exciting it is to create something that can truly and positively impact a large
number of people". Microsoft Corp. (NASDAQ:MSFT) stocks were at 25.63 at the
end of the last days trading. Theres been a -1.1% 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: 1.75 Zacks Rank: 27 out of 89 in the industry
Groupon’s Analysts Not Too Thrilled
The "quiet period" is a requirement that a company's insiders and
underwriters are not allowed to make comments about its IPO. It's a bit
archaic, but traders like to follow it. Why? When the quiet period ends 40 days
after the IPO, the underwriters' analysts can start putting recommendations on
the stock. As should be no surprise, they usually are upbeat. After all, the
underwriters probably want to get some follow-on business, such as secondaries
and acquisitions. In the case of Groupon, the quiet period expired today, and
the stock surged 9% Tuesday in anticipation of bullish comments. They never
came. Interestingly enough, various analysts were lukewarm, such as RBC Capital,
Credit Suisse (NYSE: CS ), Deutsche Bank (NYSE: DB ), Citigroup (NYSE: C ) and
Morgan Stanley (NYSE: MS ). The ratings range from neutral to sector perform to
hold. Even for the bullish analysts, the top price targets were only $29.
Consider that Groupon currently is trading at $22. So what's bugging analysts?
A general theme is valuation. The fact is Groupon's market cap fully factors
in much of the growth expectations. The stock also has plenty of risk. Groupon
has tough one-for-one competitors like LivingSocial (the company is in the
process of raising $400 million ). But Google (NASDAQ: GOOG ) also poses a big
threat. Just yesterday, the company purchased Clever Sense, which developed
Alfred a mobile app for restaurant recommendations. Groupon also been
decelerating its marketing expenditures, which should help improve short-term
profitability but could be a drag on the revenue ramp. Investors should be
cautious going forward with Groupon. If a company's underwriters get skittish,
it could mean a rough time for the stock. Tom Taulli runs the InvestorPlace blog
" IPOPlaybook ," a site dedicated to the hottest news and rumors about
initial public offerings. He is also the author of "All About Short Selling"
and "All About Commodities." Follow him on Twitter at @ttaulli . As of this
writing, he did not own a position in any of the aforementioned stocks.
underwriters are not allowed to make comments about its IPO. It's a bit
archaic, but traders like to follow it. Why? When the quiet period ends 40 days
after the IPO, the underwriters' analysts can start putting recommendations on
the stock. As should be no surprise, they usually are upbeat. After all, the
underwriters probably want to get some follow-on business, such as secondaries
and acquisitions. In the case of Groupon, the quiet period expired today, and
the stock surged 9% Tuesday in anticipation of bullish comments. They never
came. Interestingly enough, various analysts were lukewarm, such as RBC Capital,
Credit Suisse (NYSE: CS ), Deutsche Bank (NYSE: DB ), Citigroup (NYSE: C ) and
Morgan Stanley (NYSE: MS ). The ratings range from neutral to sector perform to
hold. Even for the bullish analysts, the top price targets were only $29.
Consider that Groupon currently is trading at $22. So what's bugging analysts?
A general theme is valuation. The fact is Groupon's market cap fully factors
in much of the growth expectations. The stock also has plenty of risk. Groupon
has tough one-for-one competitors like LivingSocial (the company is in the
process of raising $400 million ). But Google (NASDAQ: GOOG ) also poses a big
threat. Just yesterday, the company purchased Clever Sense, which developed
Alfred a mobile app for restaurant recommendations. Groupon also been
decelerating its marketing expenditures, which should help improve short-term
profitability but could be a drag on the revenue ramp. Investors should be
cautious going forward with Groupon. If a company's underwriters get skittish,
it could mean a rough time for the stock. Tom Taulli runs the InvestorPlace blog
" IPOPlaybook ," a site dedicated to the hottest news and rumors about
initial public offerings. He is also the author of "All About Short Selling"
and "All About Commodities." Follow him on Twitter at @ttaulli . As of this
writing, he did not own a position in any of the aforementioned stocks.
Avon Surges on CEO Change — But AVP Stock Still Shaky
There aren't a lot of female CEOs in the United States in the Fortune 500
list for 2011, just 12 women were at the helm of America's biggest companies,
down from 15 the previous year. One of the most prominent executives on that
list was Avon Products (NYSE: AVP ) CEO Andrea Jung, who had led the company
since 1999. She also is no stranger to corporate boardrooms Jung was at Apple
(NASDAQ: AAPL ) as the iPad was unveiled and has been a member of the Apple
board of directors since 2008. She also has served on the board of directors for
General Electric (NYSE: GE ) since 1998. But that pedigree hasn't shielded
Jung from criticism as Avon has melted down recently. Revenue has gone nowhere
for three years, the company has missed earnings estimates in three of the past
four quarters and shares of AVP stock have lost almost half their value so far
in 2011. Throw in a federal investigation into whether Avon broke bribery laws,
and you can understand why Jung is in the hot seat. For all these reasons and
more, it was announced that Jung will become executive chairman on the first of
the year and that the board of Avon will be looking for her replacement as CEO.
It's ironic that Jung has put money in the pockets of "Avon Ladies" all
around the world by signing on commission-based representatives from America to
South Africa to Korea, but has struggled to make profits for investors. So
what's next for Avon stock now that Jung is moving out of the picture? Well,
Wall Street seems to like the move. Avon stock leaped on the news today, up
around 7% Wednesday despite a down day for the market. And even after this
surge, Avon's 23-cent quarterly dividend still represents a yield of more than
5% significantly above peers like Estee Lauder (NYSE: EL ) with a 1% yield and
Revlon (NYSE: REV ), which offers no dividends. The 5% dividend is more
attractive than even the payouts of diversified consumer products giants like
Procter & Gamble (NYSE: PG ) and Colgate-Palmolive (NYSE: CL ). But obviously
that 5% dividend still would leave you severely in the red so far this year and
without an end in sight to investigations by the SEC, things could remain dicey
for Avon. An internal probe at Avon uncovered millions of dollars of
questionable payments to officials in China, Brazil, Mexico, Argentina, India
and Japan prompting external review from the SEC under the Foreign Corrupt
Practices Act, even after Avon already fired four executives because of the
findings. U.S. regulators also subpoenaed Avon over contact with financial
analysts in a separate investigation this year. The removal of Jung might cheer
investors who were disappointed with the downward spiral of the company but
it's only half the battle. The real test will be fixing the corporate culture
of Avon to win back Wall Street's trust, boosting stagnant sales and beating
back the SEC investigations that loom over the company. No easy tasks for any
executive. Maybe Jung is breathing a sigh of relief now that these issues are
going to be someone else's problem. Jeff Reeves is the editor of
InvestorPlace.com. Write him at editor@investorplace.com , follow him on Twitter
via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As of this
writing, he did not own a position in any of the aforementioned stocks.
list for 2011, just 12 women were at the helm of America's biggest companies,
down from 15 the previous year. One of the most prominent executives on that
list was Avon Products (NYSE: AVP ) CEO Andrea Jung, who had led the company
since 1999. She also is no stranger to corporate boardrooms Jung was at Apple
(NASDAQ: AAPL ) as the iPad was unveiled and has been a member of the Apple
board of directors since 2008. She also has served on the board of directors for
General Electric (NYSE: GE ) since 1998. But that pedigree hasn't shielded
Jung from criticism as Avon has melted down recently. Revenue has gone nowhere
for three years, the company has missed earnings estimates in three of the past
four quarters and shares of AVP stock have lost almost half their value so far
in 2011. Throw in a federal investigation into whether Avon broke bribery laws,
and you can understand why Jung is in the hot seat. For all these reasons and
more, it was announced that Jung will become executive chairman on the first of
the year and that the board of Avon will be looking for her replacement as CEO.
It's ironic that Jung has put money in the pockets of "Avon Ladies" all
around the world by signing on commission-based representatives from America to
South Africa to Korea, but has struggled to make profits for investors. So
what's next for Avon stock now that Jung is moving out of the picture? Well,
Wall Street seems to like the move. Avon stock leaped on the news today, up
around 7% Wednesday despite a down day for the market. And even after this
surge, Avon's 23-cent quarterly dividend still represents a yield of more than
5% significantly above peers like Estee Lauder (NYSE: EL ) with a 1% yield and
Revlon (NYSE: REV ), which offers no dividends. The 5% dividend is more
attractive than even the payouts of diversified consumer products giants like
Procter & Gamble (NYSE: PG ) and Colgate-Palmolive (NYSE: CL ). But obviously
that 5% dividend still would leave you severely in the red so far this year and
without an end in sight to investigations by the SEC, things could remain dicey
for Avon. An internal probe at Avon uncovered millions of dollars of
questionable payments to officials in China, Brazil, Mexico, Argentina, India
and Japan prompting external review from the SEC under the Foreign Corrupt
Practices Act, even after Avon already fired four executives because of the
findings. U.S. regulators also subpoenaed Avon over contact with financial
analysts in a separate investigation this year. The removal of Jung might cheer
investors who were disappointed with the downward spiral of the company but
it's only half the battle. The real test will be fixing the corporate culture
of Avon to win back Wall Street's trust, boosting stagnant sales and beating
back the SEC investigations that loom over the company. No easy tasks for any
executive. Maybe Jung is breathing a sigh of relief now that these issues are
going to be someone else's problem. Jeff Reeves is the editor of
InvestorPlace.com. Write him at editor@investorplace.com , follow him on Twitter
via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As of this
writing, he did not own a position in any of the aforementioned stocks.
Apple Inc. (NASDAQ:AAPL) Expanding iTunes Store
Apple Inc. (NASDAQ:AAPL) has launched its iTunes store in Brazil and 15 other
Latin American countries. Apple Inc. (NASDAQ:AAPL) Expanding iTunes Store
According to an announcement made by Apple Inc. (NASDAQ:AAPL), it has introduced
its iTunes store in Brazil and 15 other Latin American countries, making
available for sale more than 20 million songs. Apple Inc. (NASDAQ:AAPL) said in
a statement, "The new iTunes store also offers over a thousand movies to rent
or purchase from major studios such as 20th Century Fox, Paramount Pictures,
Sony Pictures Home Entertainment, Universal Pictures, The Walt Disney Studios
and Warner Bros. Pictures." Apple Inc. (NASDAQ:AAPL) stocks are currently
standing at 379.87. Price History Last Price: 379.87 52 Week Low / High: 310.5 /
426.7 50 Day Moving Average: 391.28 6 Month Price Change %: 17.0% 12 Month Price
Change %: 20.9%
Latin American countries. Apple Inc. (NASDAQ:AAPL) Expanding iTunes Store
According to an announcement made by Apple Inc. (NASDAQ:AAPL), it has introduced
its iTunes store in Brazil and 15 other Latin American countries, making
available for sale more than 20 million songs. Apple Inc. (NASDAQ:AAPL) said in
a statement, "The new iTunes store also offers over a thousand movies to rent
or purchase from major studios such as 20th Century Fox, Paramount Pictures,
Sony Pictures Home Entertainment, Universal Pictures, The Walt Disney Studios
and Warner Bros. Pictures." Apple Inc. (NASDAQ:AAPL) stocks are currently
standing at 379.87. Price History Last Price: 379.87 52 Week Low / High: 310.5 /
426.7 50 Day Moving Average: 391.28 6 Month Price Change %: 17.0% 12 Month Price
Change %: 20.9%
Top 10 Best-Rated Personal Services Stocks: NUS, SUMR, XRS, STEI, HI, SCI, HLF, ONE, December 14, 2011, AMBO (Dec 14, 2011)
Below are the top 10 best-rated Personal Services stocks, based on the
percentage of positive ratings by brokerage analysts. Three Chinese companies
(XRS, DATE, AMBO) are on the list. Nu Skin Enterprises, Inc. (NYSE:NUS) 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. Summer Infant, Inc. (NASDAQ:SUMR)
is the second best-rated stock in this segment of the market. It is rated
positively by 100% of the 9 brokerage analysts covering it. TAL Education Group
(ADR) (NYSE:XRS) is the third best-rated stock in this segment of the market. It
is rated positively by 100% of the 6 brokerage analysts covering it. Stewart
Enterprises, Inc. (NASDAQ:STEI) 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. Hillenbrand, Inc. (NYSE:HI) 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. Service Corporation International (NYSE:SCI) 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. Herbalife Ltd. (NYSE:HLF) is the
seventh best-rated stock in this segment of the market. It is rated positively
by 91% of the 11 brokerage analysts covering it. Higher One Holdings, Inc
(NYSE:ONE) is the eighth best-rated stock in this segment of the market. It is
rated positively by 90% of the 10 brokerage analysts covering it. Jiayuan.com
International Ltd (NASDAQ:DATE) is the ninth best-rated stock in this segment of
the market. It is rated positively by 83% of the 6 brokerage analysts covering
it. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 10th best-rated stock
in this segment of the market. It is rated positively by 80% of the 5 brokerage
analysts covering it.
percentage of positive ratings by brokerage analysts. Three Chinese companies
(XRS, DATE, AMBO) are on the list. Nu Skin Enterprises, Inc. (NYSE:NUS) 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. Summer Infant, Inc. (NASDAQ:SUMR)
is the second best-rated stock in this segment of the market. It is rated
positively by 100% of the 9 brokerage analysts covering it. TAL Education Group
(ADR) (NYSE:XRS) is the third best-rated stock in this segment of the market. It
is rated positively by 100% of the 6 brokerage analysts covering it. Stewart
Enterprises, Inc. (NASDAQ:STEI) 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. Hillenbrand, Inc. (NYSE:HI) 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. Service Corporation International (NYSE:SCI) 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. Herbalife Ltd. (NYSE:HLF) is the
seventh best-rated stock in this segment of the market. It is rated positively
by 91% of the 11 brokerage analysts covering it. Higher One Holdings, Inc
(NYSE:ONE) is the eighth best-rated stock in this segment of the market. It is
rated positively by 90% of the 10 brokerage analysts covering it. Jiayuan.com
International Ltd (NASDAQ:DATE) is the ninth best-rated stock in this segment of
the market. It is rated positively by 83% of the 6 brokerage analysts covering
it. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 10th best-rated stock
in this segment of the market. It is rated positively by 80% of the 5 brokerage
analysts covering it.
Price Advances: SAN, GOLD, NFLX
Price Advances: SAN, GOLD, NFLX Rapid News Network - Dec 7, 2011 Banco
Santander-Chile (ADR)(Public, NYSE:SAN). Last Market Price: $69.74, Change
+3.16, % Change (4.75%). Shares trade in the range of $68.80 - $71.94 dollars.
Santander-Chile (ADR)(Public, NYSE:SAN). Last Market Price: $69.74, Change
+3.16, % Change (4.75%). Shares trade in the range of $68.80 - $71.94 dollars.
Price Declines: BIDU, DECK, AMZN, GOLD, EOG
Price Declines: BIDU, DECK, AMZN, GOLD, EOG Rapid News Network - Dec 12, 2011
Baidu.com, Inc. (ADR)(Public, NASDAQ:BIDU). Last Market Price: $125.97, Change
-4.55, % Change (-3.49%). Shares trade in the range of $125.25 - $128.80
dollars.
Baidu.com, Inc. (ADR)(Public, NASDAQ:BIDU). Last Market Price: $125.97, Change
-4.55, % Change (-3.49%). Shares trade in the range of $125.25 - $128.80
dollars.
Firms with Material Gains (SPP) (SMG) (GOLD) (IAG) (PPO)
Firms with Material Gains (SPP) (SMG) (GOLD) (IAG) (PPO) The Markets Are Open
(blog) - Dec 7, 2011 Shares of Sappi Limited (ADR) (SPP) moved up 1.35% to $3.0
in the trading session today. In the last 12 months, Sappi Limited (ADR) has
seen a high of $5.53 and a low of $2.6 per share.
(blog) - Dec 7, 2011 Shares of Sappi Limited (ADR) (SPP) moved up 1.35% to $3.0
in the trading session today. In the last 12 months, Sappi Limited (ADR) has
seen a high of $5.53 and a low of $2.6 per share.
Why Diamond Foods’ Stock Has Gone Nuts
Follow the bouncing walnut, investors. Diamond Foods (NASDAQ: DMND ) stock has
taken us for a crazy ride for months, ever since the scandal surrounding its
accounting practices broke in The Wall Street Journal on Sept. 27. A few days
after the report, Diamonds stock dropped 10%. A month passed without ado, then
on Nov. 1, Diamond announced a massive deal to buy Pringles from Procter &
Gamble (NYSE: PG ) was delayed until the first half of 2012 because of an
investigation by its audit committee about crop payments to walnut growers.
Diamond sunk 20% the next day. Ever since then, Diamond has become a trader
magnet, with DMND stock seeing 10 different days of 2 million-plus volume, and
the past three days have seen a 50% gain and a 25% plunge. Where this ends is
anyones guess, but to look forward, we first have to take a glimpse back. From
Nuts to Snacks Before its announcement in April that Diamond Foods was acquiring
Pringles for $2.4 billion, few people had heard of the walnut grower. Until its
IPO in 2005, Diamond Foods was a cooperative owned by northern California walnut
growers with a history dating back to 1912. But the catalyst for change was
current CEO Michael Mendes, who took the reins in 1997. In 2004, Mendes put the
company into the snack market by introducing Emerald nuts. In September 2008,
DMND acquired General Mills (NYSE: GIS ) popcorn business for $190 million.
Eighteen months later, it acquired premium potato chip manufacturer Kettle Foods
for $615 million, putting Diamond squarely in the snack aisle of most grocery
stores and in direct competition with PepsiCo s (NYSE: PEP ) Frito Lay
subsidiary. In just a few years, Diamond had gone from sleepy walnut cooperative
to a player in the snack food business with estimated revenues of more than $2.4
billion. This breakneck business pace pushed its stock from a longtime range of
$15-$20 all the way to $96 in September of this year. Thus its difficult to
believe the timing of $50 million in payments to walnut growers could so
drastically alter the valuation of its stock. The New Deal Walnut growers voted
on July 1, 2005, to approve the conversion from co-op to public company. As part
of the conversion, growers received a combination of $17.3 million in cash and
8.1 million shares in the new company. The IPO states: After the conversion,
former Diamond Growers members will be able to choose to be both an owner of our
business and a supplier of walnuts, solely an owner of our business, solely a
supplier of walnuts, or neither an owner nor a supplier. Growers that chose to
continue supplying the company with walnuts signed Walnut Purchase Agreements of
three-, five- or 10-year periods. Under the terms of the agreement they would
deliver their harvest between September and November each year. Diamond then
pays growers over the subsequent 15 months based on the price set by the company
on March 31 of the following year, taking into account a number of factors
including market conditions, quality of product, etc. Vitally important is that
the first two payments that growers receive are an estimate of the March 31
final price and therefore open to adjustment, which appears to be part of the
focus in this accounting investigation. Its a little like your hydro bill in
that some months are simply estimates while others are actual readings of your
meter. Suffice it to say it would be easy for both the company and growers to
get a little confused. What Does All This Mean? It is going to take a long time
to unravel this mess. Diamond said Monday its fiscal first-quarter results would
be delayed slightly because the audit committee wouldnt wrap up its
investigation until mid-February, with the news sending DMND shares down 25%.
This came just one trading day after Fridays 50% jump that came after a KeyBanc
analyst said the investigation would wrap up quickly and the Pringles deal would
continue.
taken us for a crazy ride for months, ever since the scandal surrounding its
accounting practices broke in The Wall Street Journal on Sept. 27. A few days
after the report, Diamonds stock dropped 10%. A month passed without ado, then
on Nov. 1, Diamond announced a massive deal to buy Pringles from Procter &
Gamble (NYSE: PG ) was delayed until the first half of 2012 because of an
investigation by its audit committee about crop payments to walnut growers.
Diamond sunk 20% the next day. Ever since then, Diamond has become a trader
magnet, with DMND stock seeing 10 different days of 2 million-plus volume, and
the past three days have seen a 50% gain and a 25% plunge. Where this ends is
anyones guess, but to look forward, we first have to take a glimpse back. From
Nuts to Snacks Before its announcement in April that Diamond Foods was acquiring
Pringles for $2.4 billion, few people had heard of the walnut grower. Until its
IPO in 2005, Diamond Foods was a cooperative owned by northern California walnut
growers with a history dating back to 1912. But the catalyst for change was
current CEO Michael Mendes, who took the reins in 1997. In 2004, Mendes put the
company into the snack market by introducing Emerald nuts. In September 2008,
DMND acquired General Mills (NYSE: GIS ) popcorn business for $190 million.
Eighteen months later, it acquired premium potato chip manufacturer Kettle Foods
for $615 million, putting Diamond squarely in the snack aisle of most grocery
stores and in direct competition with PepsiCo s (NYSE: PEP ) Frito Lay
subsidiary. In just a few years, Diamond had gone from sleepy walnut cooperative
to a player in the snack food business with estimated revenues of more than $2.4
billion. This breakneck business pace pushed its stock from a longtime range of
$15-$20 all the way to $96 in September of this year. Thus its difficult to
believe the timing of $50 million in payments to walnut growers could so
drastically alter the valuation of its stock. The New Deal Walnut growers voted
on July 1, 2005, to approve the conversion from co-op to public company. As part
of the conversion, growers received a combination of $17.3 million in cash and
8.1 million shares in the new company. The IPO states: After the conversion,
former Diamond Growers members will be able to choose to be both an owner of our
business and a supplier of walnuts, solely an owner of our business, solely a
supplier of walnuts, or neither an owner nor a supplier. Growers that chose to
continue supplying the company with walnuts signed Walnut Purchase Agreements of
three-, five- or 10-year periods. Under the terms of the agreement they would
deliver their harvest between September and November each year. Diamond then
pays growers over the subsequent 15 months based on the price set by the company
on March 31 of the following year, taking into account a number of factors
including market conditions, quality of product, etc. Vitally important is that
the first two payments that growers receive are an estimate of the March 31
final price and therefore open to adjustment, which appears to be part of the
focus in this accounting investigation. Its a little like your hydro bill in
that some months are simply estimates while others are actual readings of your
meter. Suffice it to say it would be easy for both the company and growers to
get a little confused. What Does All This Mean? It is going to take a long time
to unravel this mess. Diamond said Monday its fiscal first-quarter results would
be delayed slightly because the audit committee wouldnt wrap up its
investigation until mid-February, with the news sending DMND shares down 25%.
This came just one trading day after Fridays 50% jump that came after a KeyBanc
analyst said the investigation would wrap up quickly and the Pringles deal would
continue.
Sun Might Be Setting on Solar Stocks
First Solar (NASDAQ: FSLR ) is taking a beating today, its stock off almost 20%
thanks to a lowered outlook for 2012, delays in its projects and expensive
reorganization plans. That makes First Solar off an ugly 74% so far in 2011 and
almost 90% from its 2008 peak. First Solar isn't alone, either. Many solar
companies are getting hit hard this year and are running the risk of going dark
permanently. Solar-panel manufacturers face growing questions of viability for a
host of reasons, including: Weak solar demand: Oil prices have once again ticked
up to $100 per barrel, but it remains a very expensive task to install solar
panels. Energy prices just aren't high enough to make the switch worthwhile in
the short term besides, many consumers don't have the extra money, and many
businesses are more concerned with preserving capital and staying defensive than
winning points for reducing carbon emissions. European nations were some of the
biggest buyers of solar panels thanks to rich subsidies and government projects,
but obviously debt concerns have squashed that spending. Rock-bottom solar
prices: The irony is that solar panels are more affordable than ever before
thanks to low-cost producers in China who have not just moved prices lower, but
have saturated the market with too much supply. The result is fire-sale prices
on solar panels just to deal with the abundance of inventories. The Solyndra
debacle: The bankrupt company that received more than $500 million in funding
from the federal government might be a political football in an election year,
but it also is a warning bell for the entire solar industry. More oversight and
the elimination of subsidies could squeeze the struggling industry even more.
All this has added up to an ugly outlook from First Solar, the largest U.S.
solar cell company and one of the top manufacturers in the world. Earlier in
2011, FSLR reduced its revenue guidance to $3.6 billion to $3.7 billion for this
fiscal year. In October, it cut its outlook again to $3 billion to $3.3 billion
in total sales on the year. And today, sales projections were lowered yet again
to $2.8 billion to $2.9 billion for the fiscal year. That's not a good sign.
The challenges at First Solar are shared industry-wide as sales dry up and
profits evaporate. Just look at the flop of other solar stocks in both the U.S.
and China, and you'll see that FSLR is not alone in its troubles. The
Guggenheim Solar (NYSE: TAN ) exchange-traded fund
thanks to a lowered outlook for 2012, delays in its projects and expensive
reorganization plans. That makes First Solar off an ugly 74% so far in 2011 and
almost 90% from its 2008 peak. First Solar isn't alone, either. Many solar
companies are getting hit hard this year and are running the risk of going dark
permanently. Solar-panel manufacturers face growing questions of viability for a
host of reasons, including: Weak solar demand: Oil prices have once again ticked
up to $100 per barrel, but it remains a very expensive task to install solar
panels. Energy prices just aren't high enough to make the switch worthwhile in
the short term besides, many consumers don't have the extra money, and many
businesses are more concerned with preserving capital and staying defensive than
winning points for reducing carbon emissions. European nations were some of the
biggest buyers of solar panels thanks to rich subsidies and government projects,
but obviously debt concerns have squashed that spending. Rock-bottom solar
prices: The irony is that solar panels are more affordable than ever before
thanks to low-cost producers in China who have not just moved prices lower, but
have saturated the market with too much supply. The result is fire-sale prices
on solar panels just to deal with the abundance of inventories. The Solyndra
debacle: The bankrupt company that received more than $500 million in funding
from the federal government might be a political football in an election year,
but it also is a warning bell for the entire solar industry. More oversight and
the elimination of subsidies could squeeze the struggling industry even more.
All this has added up to an ugly outlook from First Solar, the largest U.S.
solar cell company and one of the top manufacturers in the world. Earlier in
2011, FSLR reduced its revenue guidance to $3.6 billion to $3.7 billion for this
fiscal year. In October, it cut its outlook again to $3 billion to $3.3 billion
in total sales on the year. And today, sales projections were lowered yet again
to $2.8 billion to $2.9 billion for the fiscal year. That's not a good sign.
The challenges at First Solar are shared industry-wide as sales dry up and
profits evaporate. Just look at the flop of other solar stocks in both the U.S.
and China, and you'll see that FSLR is not alone in its troubles. The
Guggenheim Solar (NYSE: TAN ) exchange-traded fund
Top 10 NASDAQ Stocks with Highest Return on Assets: MNTA, JAZZ, PDLI, SSRI, CRUS, CPSI, CRWN, BIDU, CPTS, ASPS (Dec 14, 2011)
Below are the top 10 stocks in the NASDAQ Composite index with highest Return
on Assets ratio (ROA) for the last 12 months. ROA shows a companys efficiency in
making profits from its assets. It is equal to net profits divided by total
assets. One Chinese company (BIDU) is on the list. Momenta Pharmaceuticals, Inc.
(NASDAQ:MNTA) has the 1st highest Return on Assets in this segment of the
market. Its ROA was 79.80% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.14 for the same period. Jazz Pharmaceuticals,
Inc. (NASDAQ:JAZZ) has the 2nd highest Return on Assets in this segment of the
market. Its ROA was 70.91% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.53 for the same period. PDL BioPharma Inc.
(NASDAQ:PDLI) has the 3rd highest Return on Assets in this segment of the
market. Its ROA was 51.51% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.38 for the same period. Silver Standard
Resources Inc. (USA) (NASDAQ:SSRI) has the 4th highest Return on Assets in this
segment of the market. Its ROA was 43.70% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.17 for the same period. Cirrus
Logic, Inc. (NASDAQ:CRUS) has the 5th highest Return on Assets in this segment
of the market. Its ROA was 43.01% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 0.93 for the same period. Computer
Programs & Systems, Inc. (NASDAQ:CPSI) has the 6th highest Return on Assets in
this segment of the market. Its ROA was 39.13% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 2.63 for the same period. Crown
Media Holdings, Inc (NASDAQ:CRWN) has the 7th highest Return on Assets in this
segment of the market. Its ROA was 39.00% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.39 for the same period.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the 8th highest Return on Assets in this
segment of the market. Its ROA was 38.10% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.83 for the same period.
Conceptus, Inc. (NASDAQ:CPTS) has the 9th highest Return on Assets in this
segment of the market. Its ROA was 37.20% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.62 for the same period.
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has the 10th highest Return on
Assets in this segment of the market. Its ROA was 34.87% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 1.93 for the same
period.
on Assets ratio (ROA) for the last 12 months. ROA shows a companys efficiency in
making profits from its assets. It is equal to net profits divided by total
assets. One Chinese company (BIDU) is on the list. Momenta Pharmaceuticals, Inc.
(NASDAQ:MNTA) has the 1st highest Return on Assets in this segment of the
market. Its ROA was 79.80% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.14 for the same period. Jazz Pharmaceuticals,
Inc. (NASDAQ:JAZZ) has the 2nd highest Return on Assets in this segment of the
market. Its ROA was 70.91% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.53 for the same period. PDL BioPharma Inc.
(NASDAQ:PDLI) has the 3rd highest Return on Assets in this segment of the
market. Its ROA was 51.51% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.38 for the same period. Silver Standard
Resources Inc. (USA) (NASDAQ:SSRI) has the 4th highest Return on Assets in this
segment of the market. Its ROA was 43.70% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.17 for the same period. Cirrus
Logic, Inc. (NASDAQ:CRUS) has the 5th highest Return on Assets in this segment
of the market. Its ROA was 43.01% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 0.93 for the same period. Computer
Programs & Systems, Inc. (NASDAQ:CPSI) has the 6th highest Return on Assets in
this segment of the market. Its ROA was 39.13% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 2.63 for the same period. Crown
Media Holdings, Inc (NASDAQ:CRWN) has the 7th highest Return on Assets in this
segment of the market. Its ROA was 39.00% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.39 for the same period.
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) has the 8th highest Return on Assets in this
segment of the market. Its ROA was 38.10% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.83 for the same period.
Conceptus, Inc. (NASDAQ:CPTS) has the 9th highest Return on Assets in this
segment of the market. Its ROA was 37.20% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.62 for the same period.
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) has the 10th highest Return on
Assets in this segment of the market. Its ROA was 34.87% for the last 12 months.
Its Asset Turnover ratio (revenue divided by assets) was 1.93 for the same
period.
Gold, Silver Shares Sink, XAU Down 18.7% in 2011
Gold and silver shares came under heavy selling pressure yet again on Wednesday
as the Philadelphia Gold & Silver Index (XAU) fell as much as 4.2% to 179.93 in
morning trading. In doing so, the XAU reached its lowest level since October
20th of this year and dropped to within 5.0% of 171.27 its 52-week low, reached
on October 4, 2011. However, in mid-day trading the XAU a basket of many of the
worlds largest gold and silver companies pared its losses and was lower by 1.9%
at 184.17.
as the Philadelphia Gold & Silver Index (XAU) fell as much as 4.2% to 179.93 in
morning trading. In doing so, the XAU reached its lowest level since October
20th of this year and dropped to within 5.0% of 171.27 its 52-week low, reached
on October 4, 2011. However, in mid-day trading the XAU a basket of many of the
worlds largest gold and silver companies pared its losses and was lower by 1.9%
at 184.17.
“Strong wall of worry” forming in the gold market
With gold futures tumbling to fresh multi-month lows on Wednesday, price is not
the only aspect of the yellow metal that has come under significant pressure in
recent weeks.
the only aspect of the yellow metal that has come under significant pressure in
recent weeks.
Nasdaq 100 Re-Rank Review
Nasdaq 100 Re-Rank Review Seeking Alpha - 1 hour ago On December 9, 2011, the
Nasdaq OMX Group announced the names of the companies that would be added and
dropped from the Nasdaq 100 Index. This year there were five companies added and
dropped ...
Nasdaq OMX Group announced the names of the companies that would be added and
dropped from the Nasdaq 100 Index. This year there were five companies added and
dropped ...
Todays Dow Jones Industrial Average DJIA Index; Stock Market Investing News Nasdaq Index, S&P 500 Index; Economy Today Mid-Day
The primary indices are posting a negative pattern this week. The DJIA, as well
as the Nasdaq and the S&P 500, finished the second trading session of the week
on the negative side of break-even. Trending pushed lower on continued pressure
stemming from the eurozone, paired with the less than stellar outlook painted by
the Federal Reserve last session. The Federal Reserve reported that the short
term economic outlook is weaker as a result of the strained global marketplace.
This morning, prior to opening bell, stock futures for the primary indices in
the U.S. were mixed. The Dow Jones Industrial Average futures were posting green
at this point. Primary market indicators in Asia closed out red. The Nikkei,
Hang Seng, and Shanghai Composite finished their respective session in negative
territory. European markets were lower across the board as well. The negative
global pressure continues today. As the trading session reached the mid-day mark
in the U.S., the primary indices were posting in negative territory across the
board. The Dow Jones Industrial Average was posting lower by .95 percent at
11,841.11. The Nasdaq was posting lower by 1.68 percent at 2,535.86 and the S&P
500 was posting lower by 1.01 percent at 1,213.39. Stock indices continued to
drop lower today as investors are unable to shake the anxieties relevant to the
eurzone debt crisis. The dollar strengthened today as the euro continued to fall
back. Home based economic news in the U.S. was skewed slightly positive. The
Mortgage Bankers Association reported that mortgage applications for the week
ended December 10 increased by 4.1 percent. Frank Matto
as the Nasdaq and the S&P 500, finished the second trading session of the week
on the negative side of break-even. Trending pushed lower on continued pressure
stemming from the eurozone, paired with the less than stellar outlook painted by
the Federal Reserve last session. The Federal Reserve reported that the short
term economic outlook is weaker as a result of the strained global marketplace.
This morning, prior to opening bell, stock futures for the primary indices in
the U.S. were mixed. The Dow Jones Industrial Average futures were posting green
at this point. Primary market indicators in Asia closed out red. The Nikkei,
Hang Seng, and Shanghai Composite finished their respective session in negative
territory. European markets were lower across the board as well. The negative
global pressure continues today. As the trading session reached the mid-day mark
in the U.S., the primary indices were posting in negative territory across the
board. The Dow Jones Industrial Average was posting lower by .95 percent at
11,841.11. The Nasdaq was posting lower by 1.68 percent at 2,535.86 and the S&P
500 was posting lower by 1.01 percent at 1,213.39. Stock indices continued to
drop lower today as investors are unable to shake the anxieties relevant to the
eurzone debt crisis. The dollar strengthened today as the euro continued to fall
back. Home based economic news in the U.S. was skewed slightly positive. The
Mortgage Bankers Association reported that mortgage applications for the week
ended December 10 increased by 4.1 percent. Frank Matto
Todays gold price per ounce spot gold price per gram; Spot silver price per ounce Mid-Day Current Price Update
Precious metal gold contract finished the last session with a floor price on
the negative side of break-even for the day. Contract silver closed out the last
session in the green according to end of day floor price. After last session
close and prior to todays opening bell, spot gold prices and spot silver prices
were moving through negative territory. Both gold and silver contract price
trends are running negative according to one month change analysis. Although
recent trending has been negatively sloped, the one year change analysis for
both precious metal gold and precious metal silver is positive. At this current
time, gold price is positive overall for the year by approximately 17.5 percent.
As todays trading session reached the mid-day mark, contract gold and contract
silver prices were following the primary stock indices lower. Contract silver
for March delivery was lower by 7.76 percent at an electronic price of 28.84 per
troy ounce. Gold contract for February delivery was lower by 5 percent at 1580
per troy ounce per electronic price at the mid-day point. Spot gold and spot
silver price trends were lower as well. Spot gold price per gram was red by 2.53
at 50.94 and spot silver price per ounce was pushing lower by 2.09 at 29.17 as
of the mid-day mark. Camillo Zucari
the negative side of break-even for the day. Contract silver closed out the last
session in the green according to end of day floor price. After last session
close and prior to todays opening bell, spot gold prices and spot silver prices
were moving through negative territory. Both gold and silver contract price
trends are running negative according to one month change analysis. Although
recent trending has been negatively sloped, the one year change analysis for
both precious metal gold and precious metal silver is positive. At this current
time, gold price is positive overall for the year by approximately 17.5 percent.
As todays trading session reached the mid-day mark, contract gold and contract
silver prices were following the primary stock indices lower. Contract silver
for March delivery was lower by 7.76 percent at an electronic price of 28.84 per
troy ounce. Gold contract for February delivery was lower by 5 percent at 1580
per troy ounce per electronic price at the mid-day point. Spot gold and spot
silver price trends were lower as well. Spot gold price per gram was red by 2.53
at 50.94 and spot silver price per ounce was pushing lower by 2.09 at 29.17 as
of the mid-day mark. Camillo Zucari
Mining – Gold Updates: GOLD, NXG, FNV, NEM, VGZ
Mining – Gold Updates: GOLD, NXG, FNV, NEM, VGZ Rapid News Network - 2 hours
ago Randgold Resources Ltd. (ADR)(Public, NASDAQ:GOLD). Last Market Price:
$98.48, Change -4.05, % Change (-3.95%). Shares trade in the range of $98.14 –
$100.92 dollars. It has a market ...
ago Randgold Resources Ltd. (ADR)(Public, NASDAQ:GOLD). Last Market Price:
$98.48, Change -4.05, % Change (-3.95%). Shares trade in the range of $98.14 –
$100.92 dollars. It has a market ...
Stock Investors Sell Off Shares of Randgold Resources, Down 3.8%
Stock Investors Sell Off Shares of Randgold Resources, Down 3.8% Financial News
Network Online - 1 hour ago Randgold Resources (NASDAQ:GOLD) is one of todays
biggest movers, down 3.8% to $98.62. The S&P is trading lower by 0.7% to 1,216
and the Dow is trading 0.7% lower to 11,876. Randgold Resources ...
Network Online - 1 hour ago Randgold Resources (NASDAQ:GOLD) is one of todays
biggest movers, down 3.8% to $98.62. The S&P is trading lower by 0.7% to 1,216
and the Dow is trading 0.7% lower to 11,876. Randgold Resources ...
Todays Gold price per ounce; Spot gold price per gram; Silver price per ounce; Spot silver price per ounce Current
XCSFDHG46767FHJHJF
dow2664 The market experienced broad based sell-offs to open the trading week. Gold and silver prices dropped lower, along with the primary stock indices that day. Gold futures posted noteworthy losses. The U.S. dollar gained strength versus a basket of other currencies to open the week and this action pressured precious metal gold and silver acquisitions. The euro weakened as investors began to question details, or lack thereof, of the plan the was announced by European leaders last week. European leaders emerged from the eurozone summit last Friday and announced that they would bond together to take corrective measures to ameliorate the problems that have been plaguing the economy. Little, by way of comprehensive detail, has surfaced and investor confidence has diminished. The euro weakened as a result. Contract gold price and contract silver price finished the last trading session mixed. Contract gold for February delivery finished the last session red by .31 percent and posted a floor price at 1663.10 per troy ounce. Silver contract for March delivery finished the session green by .83 percent and posted a floor price at 31.26 per troy ounce. Spot gold and spot silver prices were moving negatively after last session close . Spot gold price per gram was red by 1.08 at 52.55 and spot silver price per ounce was red by .09 at 30.91. Camillo Zucari
Silver and Oil Rallied From Monday’s fall –Recap December 13
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Following the recent FOMC meeting in which there was no news of another stimulus plan many currencies sharply declined against the US dollar; major commodities were traded with mixed trends: Gold price slightly declined while silver price moderately rose; crude oil prices bounced back and sharply rose; natural gas spot prices (Henry Hub) slightly slipped. Major currencies such as Euro and CAD depreciated again against the US dollar. Here is a summary of the price developments of precious metals and energy commodities for December 13th: Precious Metals Prices: Gold price slightly declined on Tuesday by 0.31% and reached $1,663.40; Silver price on the other hand sharply rose by 0.83% to reach $31.26. During December, gold price declined by 5.0%, and silver price by 4.71%.
Chemical Company May be Headed for a Meltdown
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Sasol Ltd. (NYSE: SSL ) – This chemical and integrated energy company mines coal inSouth Africa and natural gas in other African nations andCanada. The company also has assets inIran, and there is a risk that sanctions may be imposed on the company by theUnited States and the U.N.
Is This a Bear Trap or a Wounded Bull?
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Two key headlines had an impact on U.S. stocks yesterday. First, the Fed, after identifying Europe's problems as a major risk to the U.S. economy, took no immediate actions. Second, retail sales data grew less than expected in November despite a recent jump in consumer confidence. And so even though we were focused on the Fed's report, it turned out that Europe became a greater concern to Fed members. They even cautioned that a "return to more-sluggish growth is likely, particularly with a recession brewing in Europe." Many expected Chairman Bernanke to announce a new type of QE3, but when that didn't occur the markets went into a nose dive. The Dow Jones Industrial Average fell 0.55%, the S&P 500 lost 0.87%, and the Nasdaq was down 1.26%. Volume was again low with the NYSE trading 926 million shares, and the Nasdaq crossing 487 million shares. Breadth was negative on both exchanges. Decliners on the NYSE outnumbered advancers by 1.5-to-1, and on the Nasdaq, decliners were ahead by over 3-to-1. Click to Enlarge The Nasdaq, the index that has consistently been the market leader, both up and down, broke the support line at its 50-day moving average and fell from a two-week trading range. It also sliced through the psychologically important line at 2,600 and received a sell signal from the stochastic. The last time that the Nasdaq violated these support lines was in November when it plunged to 2,450. Now that mark provides the support point for the bottom of a triangle with resistance at around 2,650 and support at 2,485. Thus, 2,485 to 2,500 is the next target following yesterday's serious breakdown. Click to Enlarge The PowerShares US Dollar Index Bullish Fund (NYSE: UUP ) has been in our focus for months as a primary indicator of near-term moves. Yesterday's break through a triple-top on a positive buildup in volume is a negative indicator forU.S. stocks. The only remaining barrier is October's high at $22.62.
Silver and Oil Rallied From Monday’s fall –Recap December 13
Following the recent FOMC meeting in which there was no news of another stimulus
plan many currencies sharply declined against the US dollar; major commodities
were traded with mixed trends: Gold price slightly declined while silver price
moderately rose; crude oil prices bounced back and sharply rose; natural gas
spot prices (Henry Hub) slightly slipped. Major currencies such as Euro and CAD
depreciated again against the US dollar. Here is a summary of the price
developments of precious metals and energy commodities for December 13th:
Precious Metals Prices: Gold price slightly declined on Tuesday by 0.31% and
reached $1,663.40; Silver price on the other hand sharply rose by 0.83% to reach
$31.26. During December, gold price declined by 5.0%, and silver price by
4.71%.
plan many currencies sharply declined against the US dollar; major commodities
were traded with mixed trends: Gold price slightly declined while silver price
moderately rose; crude oil prices bounced back and sharply rose; natural gas
spot prices (Henry Hub) slightly slipped. Major currencies such as Euro and CAD
depreciated again against the US dollar. Here is a summary of the price
developments of precious metals and energy commodities for December 13th:
Precious Metals Prices: Gold price slightly declined on Tuesday by 0.31% and
reached $1,663.40; Silver price on the other hand sharply rose by 0.83% to reach
$31.26. During December, gold price declined by 5.0%, and silver price by
4.71%.
Top 10 Rebounding Micro Cap Stocks: ECGI, CARV, PPMIQ, HEARQ, TSTF, ACHC, CAGC, PEIX, ZANE, COOL (Dec 13, 2011)
Below are the top 10 rebounding Micro Cap stocks, ranked based on % change from
52-week lows. One Chinese company (CAGC) is on the list. Envoy Capital Group
Inc. (NASDAQ:ECGI) is the 1st best rebounding stock in this segment of the
market. It has risen 1968% from its 52-week low. It is now trading at 87% of its
52-week high. Carver Bancorp, Inc. (NASDAQ:CARV) is the 2nd best rebounding
stock in this segment of the market. It has risen 1034% from its 52-week low. It
is now trading at 27% of its 52-week high. The PMI Group, Inc. (NYSE:PPMIQ) is
the 3rd best rebounding stock in this segment of the market. It has risen 991%
from its 52-week low. It is now trading at 1% of its 52-week high. HearUSA, Inc.
(AMEX:HEARQ) is the 4th best rebounding stock in this segment of the market. It
has risen 521% from its 52-week low. It is now trading at 83% of its 52-week
high. TeamStaff, Inc. (NASDAQ:TSTF) is the 5th best rebounding stock in this
segment of the market. It has risen 497% from its 52-week low. It is now trading
at 66% of its 52-week high. Acadia Healthcare Co Inc (AMEX:ACHC) is the 6th best
rebounding stock in this segment of the market. It has risen 491% from its
52-week low. It is now trading at 81% of its 52-week high. China Agritech Inc.
(NASDAQ:CAGC) is the 7th best rebounding stock in this segment of the market. It
has risen 456% from its 52-week low. It is now trading at 20% of its 52-week
high. Pacific Ethanol Inc (NASDAQ:PEIX) is the 8th best rebounding stock in this
segment of the market. It has risen 384% from its 52-week low. It is now trading
at 15% of its 52-week high. Zanett, Inc. (NASDAQ:ZANE) is the 9th best
rebounding stock in this segment of the market. It has risen 367% from its
52-week low. It is now trading at 16% of its 52-week high. Majesco Entertainment
Co. (NASDAQ:COOL) is the 10th best rebounding stock in this segment of the
market. It has risen 355% from its 52-week low. It is now trading at 65% of its
52-week high.
52-week lows. One Chinese company (CAGC) is on the list. Envoy Capital Group
Inc. (NASDAQ:ECGI) is the 1st best rebounding stock in this segment of the
market. It has risen 1968% from its 52-week low. It is now trading at 87% of its
52-week high. Carver Bancorp, Inc. (NASDAQ:CARV) is the 2nd best rebounding
stock in this segment of the market. It has risen 1034% from its 52-week low. It
is now trading at 27% of its 52-week high. The PMI Group, Inc. (NYSE:PPMIQ) is
the 3rd best rebounding stock in this segment of the market. It has risen 991%
from its 52-week low. It is now trading at 1% of its 52-week high. HearUSA, Inc.
(AMEX:HEARQ) is the 4th best rebounding stock in this segment of the market. It
has risen 521% from its 52-week low. It is now trading at 83% of its 52-week
high. TeamStaff, Inc. (NASDAQ:TSTF) is the 5th best rebounding stock in this
segment of the market. It has risen 497% from its 52-week low. It is now trading
at 66% of its 52-week high. Acadia Healthcare Co Inc (AMEX:ACHC) is the 6th best
rebounding stock in this segment of the market. It has risen 491% from its
52-week low. It is now trading at 81% of its 52-week high. China Agritech Inc.
(NASDAQ:CAGC) is the 7th best rebounding stock in this segment of the market. It
has risen 456% from its 52-week low. It is now trading at 20% of its 52-week
high. Pacific Ethanol Inc (NASDAQ:PEIX) is the 8th best rebounding stock in this
segment of the market. It has risen 384% from its 52-week low. It is now trading
at 15% of its 52-week high. Zanett, Inc. (NASDAQ:ZANE) is the 9th best
rebounding stock in this segment of the market. It has risen 367% from its
52-week low. It is now trading at 16% of its 52-week high. Majesco Entertainment
Co. (NASDAQ:COOL) is the 10th best rebounding stock in this segment of the
market. It has risen 355% from its 52-week low. It is now trading at 65% of its
52-week high.
Todays Gold price per ounce; Spot gold price per gram; Silver price per ounce; Spot silver price per ounce Current
The market experienced broad based sell-offs to open the trading week. Gold and
silver prices dropped lower, along with the primary stock indices that day. Gold
futures posted noteworthy losses. The U.S. dollar gained strength versus a
basket of other currencies to open the week and this action pressured precious
metal gold and silver acquisitions. The euro weakened as investors began to
question details, or lack thereof, of the plan the was announced by European
leaders last week. European leaders emerged from the eurozone summit last Friday
and announced that they would bond together to take corrective measures to
ameliorate the problems that have been plaguing the economy. Little, by way of
comprehensive detail, has surfaced and investor confidence has diminished. The
euro weakened as a result. Contract gold price and contract silver price
finished the last trading session mixed. Contract gold for February delivery
finished the last session red by .31 percent and posted a floor price at 1663.10
per troy ounce. Silver contract for March delivery finished the session green by
.83 percent and posted a floor price at 31.26 per troy ounce. Spot gold and spot
silver prices were moving negatively after last session close . Spot gold price
per gram was red by 1.08 at 52.55 and spot silver price per ounce was red by .09
at 30.91. Camillo Zucari
silver prices dropped lower, along with the primary stock indices that day. Gold
futures posted noteworthy losses. The U.S. dollar gained strength versus a
basket of other currencies to open the week and this action pressured precious
metal gold and silver acquisitions. The euro weakened as investors began to
question details, or lack thereof, of the plan the was announced by European
leaders last week. European leaders emerged from the eurozone summit last Friday
and announced that they would bond together to take corrective measures to
ameliorate the problems that have been plaguing the economy. Little, by way of
comprehensive detail, has surfaced and investor confidence has diminished. The
euro weakened as a result. Contract gold price and contract silver price
finished the last trading session mixed. Contract gold for February delivery
finished the last session red by .31 percent and posted a floor price at 1663.10
per troy ounce. Silver contract for March delivery finished the session green by
.83 percent and posted a floor price at 31.26 per troy ounce. Spot gold and spot
silver prices were moving negatively after last session close . Spot gold price
per gram was red by 1.08 at 52.55 and spot silver price per ounce was red by .09
at 30.91. Camillo Zucari
Is This a Bear Trap or a Wounded Bull?
Two key headlines had an impact on U.S. stocks yesterday. First, the Fed, after
identifying Europe's problems as a major risk to the U.S. economy, took no
immediate actions. Second, retail sales data grew less than expected in November
despite a recent jump in consumer confidence. And so even though we were focused
on the Fed's report, it turned out that Europe became a greater concern to Fed
members. They even cautioned that a "return to more-sluggish growth is likely,
particularly with a recession brewing in Europe." Many expected Chairman
Bernanke to announce a new type of QE3, but when that didn't occur the markets
went into a nose dive. The Dow Jones Industrial Average fell 0.55%, the S&P 500
lost 0.87%, and the Nasdaq was down 1.26%. Volume was again low with the NYSE
trading 926 million shares, and the Nasdaq crossing 487 million shares. Breadth
was negative on both exchanges. Decliners on the NYSE outnumbered advancers by
1.5-to-1, and on the Nasdaq, decliners were ahead by over 3-to-1. Click to
Enlarge The Nasdaq, the index that has consistently been the market leader, both
up and down, broke the support line at its 50-day moving average and fell from a
two-week trading range. It also sliced through the psychologically important
line at 2,600 and received a sell signal from the stochastic. The last time that
the Nasdaq violated these support lines was in November when it plunged to
2,450. Now that mark provides the support point for the bottom of a triangle
with resistance at around 2,650 and support at 2,485. Thus, 2,485 to 2,500 is
the next target following yesterday's serious breakdown. Click to Enlarge The
PowerShares US Dollar Index Bullish Fund (NYSE: UUP ) has been in our focus for
months as a primary indicator of near-term moves. Yesterday's break through a
triple-top on a positive buildup in volume is a negative indicator forU.S.
stocks. The only remaining barrier is October's high at $22.62.
identifying Europe's problems as a major risk to the U.S. economy, took no
immediate actions. Second, retail sales data grew less than expected in November
despite a recent jump in consumer confidence. And so even though we were focused
on the Fed's report, it turned out that Europe became a greater concern to Fed
members. They even cautioned that a "return to more-sluggish growth is likely,
particularly with a recession brewing in Europe." Many expected Chairman
Bernanke to announce a new type of QE3, but when that didn't occur the markets
went into a nose dive. The Dow Jones Industrial Average fell 0.55%, the S&P 500
lost 0.87%, and the Nasdaq was down 1.26%. Volume was again low with the NYSE
trading 926 million shares, and the Nasdaq crossing 487 million shares. Breadth
was negative on both exchanges. Decliners on the NYSE outnumbered advancers by
1.5-to-1, and on the Nasdaq, decliners were ahead by over 3-to-1. Click to
Enlarge The Nasdaq, the index that has consistently been the market leader, both
up and down, broke the support line at its 50-day moving average and fell from a
two-week trading range. It also sliced through the psychologically important
line at 2,600 and received a sell signal from the stochastic. The last time that
the Nasdaq violated these support lines was in November when it plunged to
2,450. Now that mark provides the support point for the bottom of a triangle
with resistance at around 2,650 and support at 2,485. Thus, 2,485 to 2,500 is
the next target following yesterday's serious breakdown. Click to Enlarge The
PowerShares US Dollar Index Bullish Fund (NYSE: UUP ) has been in our focus for
months as a primary indicator of near-term moves. Yesterday's break through a
triple-top on a positive buildup in volume is a negative indicator forU.S.
stocks. The only remaining barrier is October's high at $22.62.
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