Below are the top 10 fastest-growing Specialty Finance stocks, based on the
average long-term earnings growth rate estimated by Wall Street analysts. One
Chinese company (CISG) is on the list. Ocwen Financial Corporation (NYSE:OCN) is
the first fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 23.0%. This number is based on the average
estimate of 2 brokerage analysts. CNinsure Inc. (ADR) (NASDAQ:CISG) is the
second fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 20.5%. This number is based on the average estimate
of 3 brokerage analysts. Marlin Business Services Corp. (NASDAQ:MRLN) is the
third fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 14.5%. This number is based on the average estimate
of 2 brokerage analysts. Apollo Commercial Real Est. Finance Inc (NYSE:ARI) is
the fourth fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 12.2%. This number is based on the average
estimate of 2 brokerage analysts. Textainer Group Holdings Limited (NYSE:TGH) is
the fifth fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 12.0%. This number is based on the average
estimate of 4 brokerage analysts. TAL International Group, Inc. (NYSE:TAL) is
the sixth fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 11.8%. This number is based on the average
estimate of 4 brokerage analysts. Brown & Brown, Inc. (NYSE:BRO) is the seventh
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 11.7%. This number is based on the average estimate of
6 brokerage analysts. Willis Group Holdings PLC (NYSE:WSH) is the eighth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 10.9%. This number is based on the average estimate of
7 brokerage analysts. Fortegra Financial Corp (NYSE:FRF) is the ninth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 10.8%. This number is based on the average estimate of
4 brokerage analysts. Marsh & McLennan Companies, Inc. (NYSE:MMC) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 10.7%. This number is based on the average estimate of
5 brokerage analysts.
Thursday, December 22, 2011
Walgreen Not Sweating Loss of Express Scripts Customers to CVS — Should It Be?
Absent a last-minute settlement, it's a good bet executives from Walgreen
(NYSE: WAG ) and Express Scripts (NASDAQ: ESRX ) won't be ringing in the new
year together. However, if the two companies can't get together, look for the
champagne to be flowing freely at the Woonsocket, R.I., headquarters of Walgreen
rival CVS Caremark (NYSE: CVS ). That's because CVS should absorb a huge chunk
of the millions of drug prescription customers Walgreen will lose when its
contract with pharmacy benefits manager, or PBM, Express Scripts expires on the
first day of 2012. In fact, CVS projects it should corral about 23 million
prescriptions that Walgreen has been selling through Express Scripts, according
to Bloomberg . Those additional prescriptions could boost CVS profit by as much
as 11 cents per share in 2012. CVS recently said it might earn $3.15 to $3.25 a
share in 2012, according to Bloomberg . Perhaps not wanting to jinx itself, the
CVS EPS forecast didn't factor in any of Walgreen's potential losses. Given
the prospect of a huge influx of new customers and a recent dividend increase,
Seeking Alpha called CVS an "Investor's Dream," projecting the company's
shares could hit $45 by summer. You have to wonder if they were referring to
summer in the southern hemisphere, considering CVS closed at $40.18 on
Wednesday, up more than 10% since Monday's final bell. Meanwhile, Walgreen
traded below $31 Wednesday morning before recovering to close at $33.37, down
only 13 cents. Investors might have overreacted to the possible loss of
customers resulting from the dustup with Express Scripts. They likely came to
their senses after recognizing Walgreen, based just outside Chicago, is the
biggest pharmacy chain in the country with 8,200 retail outlets. CVS has 7,300
drug stores, about 43% of which are within a mile of a Walgreen. Since the
dispute with Express Scripts erupted in June, Walgreen has been trying to get
most of its customers who have their drug coverage managed by Express Scripts to
switch to another PBM. The company admitted this has been a failure. (Walgreens)
negotiations with health plans and employers had resulted in retaining just 11.4
percent, or about 10 million, of the 90 million prescriptions managed by Express
Scripts that were filled by Walgreen in the fiscal year that ended Aug. 31,
according to The New York Times . While Walgreen prescriptions rose 5% to 819
million in 2011, the company expects a decline of 1% to 3% in 2012 volume. The
loss of Express Scripts customers is expected to have a negative impact of 21
cents a share in fiscal 2012, Walgreen told The New York Times . Analysts have
pegged the company's revenue loss at more than $4 billion. Walgreen hardly
seems to be panicking at the prospect of losing Express Scripts' customers.
But the company's blood pressure could spike considerably should Express
Scripts' proposed $29 billion acquisition of PBM Medco Health Solutions (NYSE:
MHS ) go through. The deal has sparked antitrust concerns, and perhaps after
seeing the government kill the proposed purchase of T-Mobile by AT&T (NYSE: T ),
Walgreen is confident the potential PBM combination will suffer the same fate.
As of this writing, Barry Cohen was long WAG.
(NYSE: WAG ) and Express Scripts (NASDAQ: ESRX ) won't be ringing in the new
year together. However, if the two companies can't get together, look for the
champagne to be flowing freely at the Woonsocket, R.I., headquarters of Walgreen
rival CVS Caremark (NYSE: CVS ). That's because CVS should absorb a huge chunk
of the millions of drug prescription customers Walgreen will lose when its
contract with pharmacy benefits manager, or PBM, Express Scripts expires on the
first day of 2012. In fact, CVS projects it should corral about 23 million
prescriptions that Walgreen has been selling through Express Scripts, according
to Bloomberg . Those additional prescriptions could boost CVS profit by as much
as 11 cents per share in 2012. CVS recently said it might earn $3.15 to $3.25 a
share in 2012, according to Bloomberg . Perhaps not wanting to jinx itself, the
CVS EPS forecast didn't factor in any of Walgreen's potential losses. Given
the prospect of a huge influx of new customers and a recent dividend increase,
Seeking Alpha called CVS an "Investor's Dream," projecting the company's
shares could hit $45 by summer. You have to wonder if they were referring to
summer in the southern hemisphere, considering CVS closed at $40.18 on
Wednesday, up more than 10% since Monday's final bell. Meanwhile, Walgreen
traded below $31 Wednesday morning before recovering to close at $33.37, down
only 13 cents. Investors might have overreacted to the possible loss of
customers resulting from the dustup with Express Scripts. They likely came to
their senses after recognizing Walgreen, based just outside Chicago, is the
biggest pharmacy chain in the country with 8,200 retail outlets. CVS has 7,300
drug stores, about 43% of which are within a mile of a Walgreen. Since the
dispute with Express Scripts erupted in June, Walgreen has been trying to get
most of its customers who have their drug coverage managed by Express Scripts to
switch to another PBM. The company admitted this has been a failure. (Walgreens)
negotiations with health plans and employers had resulted in retaining just 11.4
percent, or about 10 million, of the 90 million prescriptions managed by Express
Scripts that were filled by Walgreen in the fiscal year that ended Aug. 31,
according to The New York Times . While Walgreen prescriptions rose 5% to 819
million in 2011, the company expects a decline of 1% to 3% in 2012 volume. The
loss of Express Scripts customers is expected to have a negative impact of 21
cents a share in fiscal 2012, Walgreen told The New York Times . Analysts have
pegged the company's revenue loss at more than $4 billion. Walgreen hardly
seems to be panicking at the prospect of losing Express Scripts' customers.
But the company's blood pressure could spike considerably should Express
Scripts' proposed $29 billion acquisition of PBM Medco Health Solutions (NYSE:
MHS ) go through. The deal has sparked antitrust concerns, and perhaps after
seeing the government kill the proposed purchase of T-Mobile by AT&T (NYSE: T ),
Walgreen is confident the potential PBM combination will suffer the same fate.
As of this writing, Barry Cohen was long WAG.
Fade the Gold Pop With GLD Options
Tuesday's surprise market rally brought good tidings and cheer to beleaguered
bulls who were in desperate need of a holiday pick-me-up. Unfortunately, the
majority of the rise took place overnight. This means that unless you jumped in
sometime during Monday's bloodbath, you likely missed the move. Along with the
rise in equities, money also found its way into gold as SPDR Gold Trust (NYSE:
GLD ) rose 1.36% on the day. Despite the recent three-day run in GLD, it remains
in a downtrend below its 20-, 50- and 200-day moving averages.
bulls who were in desperate need of a holiday pick-me-up. Unfortunately, the
majority of the rise took place overnight. This means that unless you jumped in
sometime during Monday's bloodbath, you likely missed the move. Along with the
rise in equities, money also found its way into gold as SPDR Gold Trust (NYSE:
GLD ) rose 1.36% on the day. Despite the recent three-day run in GLD, it remains
in a downtrend below its 20-, 50- and 200-day moving averages.
Todays Dow Jones Industrial Average DJIA, Nasdaq, S&P 500; Stock Market Investing News USA today
The up and down week continues for the marketplace. Stock futures were posting
green prior to the opening bell of last session, and trends remained stronger
throughout the whole of the last trading session. The Dow Jones Industrial
Average , as well as the Nasdaq and the S&P 500, finished the last trading
session on the positive side of break-even. Stocks were pushed higher on the
positive data posting via last sessions jobs report. According to the government
stats, the number of Americans completing applications for first time
unemployment benefits fell lower. According to the report, only 364,000
Americans filed for first time unemployment benefits last week. This number was
lower than the previous weeks data by approximately 4,000. The
lower-than-expected filings represent the lowest number of unemployment filings
since 2008. Since the number of Americans filing for first time unemployment
benefits was expected to rise, the lower number was a significant positive
surprise. Again, with trading volume being below average during the holiday
season, any positively skewed report seems to have a greater overall affect on
average. In addition to the positive jobs data, stocks in the U.S. absorbed
positive momentum from the stronger stock outcomes in the eurozone. Primary
indicators there finished their respective sessions green as well. As of end of
day close in the U.S., the Dow Jones Industrial Average finished the session
higher by .51 percent at 12,169.65. The Nasdaq finished the session higher by
.83 percent at 2,599.45. The S&P 500 closed out the last session higher by .83
percent at 1,254. Frank Matto
green prior to the opening bell of last session, and trends remained stronger
throughout the whole of the last trading session. The Dow Jones Industrial
Average , as well as the Nasdaq and the S&P 500, finished the last trading
session on the positive side of break-even. Stocks were pushed higher on the
positive data posting via last sessions jobs report. According to the government
stats, the number of Americans completing applications for first time
unemployment benefits fell lower. According to the report, only 364,000
Americans filed for first time unemployment benefits last week. This number was
lower than the previous weeks data by approximately 4,000. The
lower-than-expected filings represent the lowest number of unemployment filings
since 2008. Since the number of Americans filing for first time unemployment
benefits was expected to rise, the lower number was a significant positive
surprise. Again, with trading volume being below average during the holiday
season, any positively skewed report seems to have a greater overall affect on
average. In addition to the positive jobs data, stocks in the U.S. absorbed
positive momentum from the stronger stock outcomes in the eurozone. Primary
indicators there finished their respective sessions green as well. As of end of
day close in the U.S., the Dow Jones Industrial Average finished the session
higher by .51 percent at 12,169.65. The Nasdaq finished the session higher by
.83 percent at 2,599.45. The S&P 500 closed out the last session higher by .83
percent at 1,254. Frank Matto
Todays Gold price per ounce spot gold price per gram; Silver price per ounce spot silver price per ounce; Gold Silver Today
Although trend-lines for the primary stock indices pushed into the green during
the last trading session, trend-line action for gold and silver contracts was
mostly negative. The dollar gained strength once again last session versus a
handful of other global currencies, including the euro, and this action
pressured gold and silver acquisitions. On a day when trading volume was a
fraction of its average, this was enough to push gold and silver price trends
into negative territory for the day. As of the end of day close, gold and silver
contracts were both in the red. Contract gold for February delivery posted red
by .19 percent at 1610.60 per troy ounce. Silver contract for March delivery
closed out the last session lower by .69 percent at 29.05 per troy ounce. Prior
to opening bell this morning, spot gold and spot silver prices were about
break-even. Spot gold price per gram was posting at 51.88 and spot silver price
per ounce was posting at 29.26. Gold interest was minimal last session as
better-than-expected economic reports posted in the U.S. and reduced overall
interest in the safe haven. This action was even more dramatic due to the lower
trading volume in the marketplace right now. Camillo Zucari
the last trading session, trend-line action for gold and silver contracts was
mostly negative. The dollar gained strength once again last session versus a
handful of other global currencies, including the euro, and this action
pressured gold and silver acquisitions. On a day when trading volume was a
fraction of its average, this was enough to push gold and silver price trends
into negative territory for the day. As of the end of day close, gold and silver
contracts were both in the red. Contract gold for February delivery posted red
by .19 percent at 1610.60 per troy ounce. Silver contract for March delivery
closed out the last session lower by .69 percent at 29.05 per troy ounce. Prior
to opening bell this morning, spot gold and spot silver prices were about
break-even. Spot gold price per gram was posting at 51.88 and spot silver price
per ounce was posting at 29.26. Gold interest was minimal last session as
better-than-expected economic reports posted in the U.S. and reduced overall
interest in the safe haven. This action was even more dramatic due to the lower
trading volume in the marketplace right now. Camillo Zucari
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Top-Performing U.S.-Listed Chinese Stocks (Dec 22, 2011)
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tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Jiayuan.com International Ltd (NASDAQ:DATE) is the best-performing U.S.-listed Chinese stock on Dec. 22. It was up 11.8% on the day. DATE's upside potential is 136.3% based on brokerage analysts' average target price of $15.22. It is trading at 40.0% of its 52-week high of $16.12, and 17.1% above its 52-week low of $5.50. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the second best-performing U.S.-listed Chinese stock on Dec. 22. It was up 9.6% on the day. DANG's upside potential is 110.9% based on brokerage analysts' average target price of $9.83. It is trading at 12.8% of its 52-week high of $36.40, and 13.4% above its 52-week low of $4.11. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the third best-performing U.S.-listed Chinese stock on Dec. 22. It was up 7.8% on the day. LDK's upside potential is -14.5% based on brokerage analysts' average target price of $4.48. It is trading at 35.0% of its 52-week high of $14.97, and 105.5% above its 52-week low of $2.55. Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is the fourth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 7.2% on the day. HMIN's upside potential is 72.7% based on brokerage analysts' average target price of $47.69. It is trading at 61.5% of its 52-week high of $44.86, and 25.0% above its 52-week low of $22.09. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the fifth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 6.0% on the day. VIT's upside potential is 102.0% based on brokerage analysts' average target price of $18.24. It is trading at 23.8% of its 52-week high of $37.99, and 45.9% above its 52-week low of $6.19. Trina Solar Limited (ADR) (NYSE:TSL) is the sixth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.9% on the day. TSL's upside potential is 76.8% based on brokerage analysts' average target price of $13.07. It is trading at 23.8% of its 52-week high of $31.08, and 40.0% above its 52-week low of $5.28. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the seventh best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.8% on the day. ASIA's upside potential is 147.0% based on brokerage analysts' average target price of $17.44. It is trading at 30.8% of its 52-week high of $22.91, and 13.7% above its 52-week low of $6.21. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the eighth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.8% on the day. CTRP's upside potential is 86.0% based on brokerage analysts' average target price of $44.30. It is trading at 47.1% of its 52-week high of $50.57, and 6.7% above its 52-week low of $22.33. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the ninth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.3% on the day. STP's upside potential is 84.7% based on brokerage analysts' average target price of $4.43. It is trading at 22.2% of its 52-week high of $10.83, and 41.2% above its 52-week low of $1.70. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 10th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.0% on the day. FMCN's upside potential is 91.3% based on brokerage analysts' average target price of $40.23. It is trading at 56.0% of its 52-week high of $37.58, and 139.2% above its 52-week low of $8.79. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 11th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 4.9% on the day. SCR's upside potential is 26.8% based on brokerage analysts' average target price of $9.98. It is trading at 57.2% of its 52-week high of $13.75, and 10.5% above its 52-week low of $7.12. Sohu.com Inc. (NASDAQ:SOHU) is the 12th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 4.8% on the day. SOHU's upside potential is 54.0% based on brokerage analysts' average target price of $78.38. It is trading at 46.5% of its 52-week high of $109.37, and 12.1% above its 52-week low of $45.40. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 13th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 4.7% on the day. SVN's upside potential is 108.1% based on brokerage analysts' average target price of $24.03. It is trading at 48.1% of its 52-week high of $24.00, and 5.9% above its 52-week low of $10.91. ReneSola Ltd. (ADR) (NYSE:SOL) is the 14th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 4.1% on the day. SOL's upside potential is 61.6% based on brokerage analysts' average target price of $2.86. It is trading at 13.4% of its 52-week high of $13.25, and 22.1% above its 52-week low of $1.45. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 15th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 4.0% on the day. HTHT's upside potential is 62.4% based on brokerage analysts' average target price of $21.82. It is trading at 54.9% of its 52-week high of $24.47, and 11.9% above its 52-week low of $12.00. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 16th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.8% on the day. JASO's upside potential is 127.8% based on brokerage analysts' average target price of $3.14. It is trading at 16.1% of its 52-week high of $8.57, and 14.0% above its 52-week low of $1.21. Renren Inc (NYSE:RENN) is the 17th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.7% on the day. RENN's upside potential is 124.1% based on brokerage analysts' average target price of $7.62. It is trading at 14.2% of its 52-week high of $24.00, and 5.9% above its 52-week low of $3.21. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the 18th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.6% on the day. ISS's upside potential is 104.0% based on brokerage analysts' average target price of $17.20. It is trading at 37.3% of its 52-week high of $22.63, and 48.9% above its 52-week low of $5.66. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 19th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.4% on the day. EDU's upside potential is 47.7% based on brokerage analysts' average target price of $35.30. It is trading at 68.7% of its 52-week high of $34.77, and 15.9% above its 52-week low of $20.61. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 20th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.2% on the day. JOBS's upside potential is 46.8% based on brokerage analysts' average target price of $64.50. It is trading at 63.0% of its 52-week high of $69.80, and 20.0% above its 52-week low of $36.62.
The Gold Price May Have Bottomed At $1,562.50 and Will Now Rally
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1,608.90 Gold Price Close 16-Dec : 1,595.60 Change : 13.30 or 0.8% Silver Price Close Today : 2900.10 Silver Price Close 16-Dec : 2961.50 Change : -61.40 or -2.1% Gold Silver Ratio Today : 55.477 Gold Silver Ratio 16-Dec : 53.878 Change : 1.60 or 3.0% Silver Gold Ratio : 0.01803 Silver Gold Ratio 16-Dec : 0.01856 Change : -0.00054 or -2.9% Dow in Gold Dollars : $ 156.15 Dow in Gold Dollars 16-Dec : $ 153.66 Change : $ 2.49 or 1.6% Dow in Gold Ounces : 7.554 Dow in Gold Ounces 16-Dec : 7.434 Change : 0.12 or 1.6% Dow in Silver Ounces : 419.07 Dow in Silver Ounces 16-Dec : 400.50 Change : 18.56 or 4.6% Dow Industrial : 12,153.42 Dow Industrial 16-Dec : 11,860.94 Change : 292.48 or 2.5% S&P 500 : 1,252.46 S&P 500 16-Dec : 1,219.26 Change : 33.20 or 2.7% US Dollar Index : 79.944 US Dollar Index 16-Dec : 80.177 Change : -0.233 or -0.3% Platinum Price Close Today : 1,423.50 Platinum Price Close 16-Dec : 1,417.10 Change : 6.40 or 0.5% Palladium Price Close Today : 654.50 Palladium Price Close 16-Dec : 622.30 Change : 32.20 or 5.2% The GOLD PRICE and the SILVER PRICE both lengthened out their correction today. Gold fell another $3 to $1,608.90 and silver fell 19.7c to 2900.1c. I’m not crying because this doesn’t look bad. Markets go up, then they go down. The up part off the Monday lows looked like a market in agreement with itself. Fall from Wednesday peak looked like a market chastened and correcting, but not worried. Today should have marked the limit of the decline. In any event, it’s important for the GOLD PRICE to hold on at the $1,600 level to confirm its intent to rise. Silver’s level is not as critical to the whole metals complex right now, because silver is following and not leading. However, it gladdens my eyes that silver has for two days defended the 2900c level. To confirm gold it needs to hold on there, but that’s not as critical to a bullish picture as what gold does. The resistance-to-beat for gold now becomes $1,616, and for silver 2965c. You’ve witnessed a fairly rare event, a metals low in December. Only about 40% chance of that. Paid subscribers know how negative my outlook on silver and gold was when I published the December Moneychanger on 19 December. I HAVE CHANGED MY OUTLOOK. Here’s is my changed outlook and strategy. It now appears that gold MAY have bottomed at $1,562.50 and silver at 2812c. How will we know? Both metals will rally from here, reaching perhaps $1,675 for the GOLD PRICE and 3200c for the SILVER PRICE . Then they will react, correcting downwards toward but not necessarily all the way to those previous lows. IF they can hold those levels, perhaps not quite reaching those levels, AND then turn up again, THAT is our buy signal. If they cannot hold those levels, then we wait to buy. EITHER WAY, we will be buying soon because the bull market has NOT ended and this correction offers us an opportunity to load up the boat. Recent news out of Europe shows that the ECB will print as much money as necessary to try to float Europe out of its bank solvency crisis. In other words, it will repeat the Fed’s 2008 inflationary paroxysm. The cause remains, the trend continues. Count on it, and ignore the self-appointed gurus who are prematurely announcing gold’s funeral. As we say in the South, they are a “mite previous.” Markets are slowing down before the Christmas holiday. Nobody wants to go home for a long weekend with a big position, so they trim them down and things get quiet. Generally. I’m writing this about 2:00 p.m., and stocks have inched higher. Dow has risen 45.65 (0.38%) to 12,153.42; S&P500 is up 8.74 (0.7%) to 1,252.46. The Great Milestone for the Dow is at 12,200. If it fails there, it’s curtains, because it will be the third time, and on charts, third time isn’t the charm, it’s the calamity. US DOLLAR danceth yet with the 80 level, trading now down 7.8 basis points (0.1%) at 79.944. Appears that yesterday saw the low for the dollar’s correction at 79.20. The uptrend line today stands a tad below that level, so the US dollar remains in its upward trend. Euro lost a tiny 0.04% to 1.3045. It is destined for lesser things, say, 1.200. The yen is looking a bit iffy, stalled right on the bottom of the range as if trying to break down. Now at 127.93c/Y100 (Y78.17/$1). HOUSEKEEPING: I will be out of the office to celebrate Christmas so will not be sending commentaries tomorrow, 23 December, through Monday, 26 December. We will be in the office during the 12 Days of Christmas only for limited hours. Our regular schedule resumes 4 January 2012. Merry Christmas and may God bless and prosper y’all in 2012 and always! Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Gold and Silver Declined while WTI Oil Rose –Recap December 22
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices slightly declined for the second straight day; WTI oil price continued to rally, while Brent oil price moderately declined; natural gas (Henry Hub) spot price changed direction and rose yesterday. Major currencies were traded slightly up against the US dollar including the Euro and the Australian dollar. Here is a summary of the price developments of precious metals and energy commodities for December 22nd: Precious Metals Prices: Gold price slightly slipped on Thursday by 0.19% and reached $1,610.60; Silver price also decreased by 0.69% to reach $29.05. During December, gold price declined by 8%, and silver price by 11.45%.
Stocks Going Ex Dividend the First Week of January 2012
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dow2664 Here is our latest update on the stock trading technique called ‘Buying Dividends’. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend . This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the market capitalization, the ex-dividend date and the yield. Brandywine Realty Trust (BDN) market cap: $1.3B ex div date: 1/3/2012 yield: 6.5% Mack-Cali Realty Corp. (CLI) market cap: $2.4B ex div date: 1/3/2012 yield: 6.8% Toronto-Dominion Bank (TD) market cap: $66.0B ex div date: 1/3/2012 yield: 3.7% Village Super Market, Inc. (VLGEA) market cap: $404.2M ex div date: 1/3/2012 yield: 3.5% CubeSmart (CUBE) market cap: $1.3B ex div date: 1/3/2012 yield: 3.1% Cellcom Israel Ltd. (CEL) market cap: $1.7B ex div date: 1/3/2012 yield: 17.0% Superior Industries International Inc. (SUP) market cap: $447.6M ex div date: 1/4/2012 yield: 3.9% SYSCO Corporation (SYY) market cap: $17.1B ex div date: 1/4/2012 yield: 3.7% Darden Restaurants, Inc. (DRI) market cap: $5.9B ex div date: 1/6/2012 yield: 3.9% General Mills, Inc. (GIS) market cap: $26.0B ex div date: 1/6/2012 yield: 3.0% Verizon Communications Inc. (VZ) market cap: $111.2B ex div date: 1/6/2012 yield: 5.1% WGL Holdings, Inc. (WGL) market cap: $2.3B ex div date: 1/6/2012 yield: 3.6% The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com. Dividend definitions: Declaration date: the day that the company declares that there is going to be an upcoming dividend. Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend. Monthly Dividend Stock List Record date : the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date. Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date. Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique. Disclosure: Author did not own any of the above at the time the article was written. By Stockerblog.com
Top Oversold U.S.-Listed Chinese Stocks (Dec 22, 2011)
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tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Youku.com Inc (ADR) (NYSE:YOKU) is the most oversold U.S.-listed Chinese stock on Dec. 22. It was down 3.2% on the day. YOKU's upside potential is 75.7% based on brokerage analysts' average target price of $29.14. It is trading at 23.7% of its 52-week high of $69.95, and 20.6% above its 52-week low of $13.76. China Real Estate Information Corp (NASDAQ:CRIC) is the second most oversold U.S.-listed Chinese stock on Dec. 22. It was down 2.4% on the day. CRIC's upside potential is 98.8% based on brokerage analysts' average target price of $8.05. It is trading at 41.0% of its 52-week high of $9.89, and 10.1% above its 52-week low of $3.68. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the third most oversold U.S.-listed Chinese stock on Dec. 22. It was down 1.7% on the day. AMBO's upside potential is 15.6% based on brokerage analysts' average target price of $8.00. It is trading at 48.1% of its 52-week high of $14.40, and 51.8% above its 52-week low of $4.56. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is the fourth most oversold U.S.-listed Chinese stock on Dec. 22. It was down 0.7% on the day. HOLI's upside potential is 79.1% based on brokerage analysts' average target price of $13.13. It is trading at 40.4% of its 52-week high of $18.15, and 61.5% above its 52-week low of $4.54.
2011 Survey Results Updated 12/22/2011 @ 6:30 p.m. EST
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tdp2664 Penny Stock Live Please take the time to fill out this survey if you have not already, it’s greatly appreciate and one of my reference points to improve in 2012. *** TAKE SURVEY HERE *** http://www.surveymonkey.com/s/32Z9JNM *** TAKE SURVEY HERE *** Here are the results so far. 1. Did Jason help you make money in 2011? 73.3% Yes 26.7% No 2. Are you happy with 3-5 swing swing alerts per week or would 5-7 be better? 40.0% Yes 3-5 alerts per week is perfect 60.0% No, 3-5 isn’t enough I’d like 5-7 alerts per week 3. What alert price range is your favorite? 33.3% $.25 – $1.00 50% $1.00 – $3.00 6.7% $3.00 – $5.00 50.0% All of the above 4. Regarding the swing trade newsletter, what form of communication works best for you? 20.0% Chat 36.7% Text 33.3% Email 53.3% All of the above 5. Would you be interested in Jason’s chat based day trade newsletter with 3-5 momentum trades per day between $.25 – $10? 76.7% Yes 23.3% No 6. Are you interested in Jason’s free DVDs in 2012? 100% Yes 0.0% No 7. Would you recommend Jason to your family and friends? 93.3% Yes 6.7% No 8. How was Jason’s customer service in 2011? 100.0% Excellent 0.0% Average 0.0% Okay 0.0% Terrible 9. What would you like to see more of? What would you like to see less of? Please provide any additional feedback that would help you as a customer. The video recordings of classes would be a huge help, as sometimes I am unable to attend. I realize compiling all that video can be time consuming, but even just a raw footage of the class would be better than nothing. The last video/powerpoint on shorting that Jason put together was awesome. To new yet to give a good answer, I like that you are aware that there are people out there that are just learning and give advise. I do not know what else to say ‘cept the experience has been outstanding!!! Looking forward to the momo trades. If I could join chat on my iPhone I would be in chat every day. That’s all I have when I am at work. Skype has been good on the iPhone but I am not sure how the new system for alerts will work. I think it’s a flash thing maybe? Many more members. 2 or 3 Chat, text daily updates. I haven’t made any money yet because of the loses, but it’s not Jason’s fault. Also, besides finding the right trades, I have found that timing is everything and even today I learned that if you miss the boat DO NOT chase it. I lost money because I was late on a trade, bought too late, feared it was falling apart and sold to cut my loses. Looking forward to a great 2012, Only working with $2000 right now so I need alot of $500 to a $1000 trades that make 10% to build up my working capitol. I’ve only been a member for a week. So far your service has been great and has made me money. Thanks Jason. Please consider members who works during trading time. Can not access chat or webinar. Customer service is the best. web lessons help pick Mr. Bond brain on how he finds his picks, and what he is thinking about his picks. over all i just sighned up and jumped in with both legs not knowing jason is a on bad week. yes i did loose over 4000 bucks. but i do have 100% trust in him. i’m very happy with the service, i just feel that people(including my-self) need to start taking profit when its on the table, swing ranges dont always hold, so if up over $300, pehaps take it, and move on, or play the swing in 2 or 3 parts, taking profit each section, then re-assesing. the last 4 trades i’ve been up over $300, and let them slip back to zero, alas, no more. on the whole, i’m happy with the trades you get us in, just not all the exits, so i’m taking money when its there. your a great guy, and if you move forward next year, as you have this, it will be fantastic. cheers jason I hate pestering you for your entries. I also hate going back through my emails to look and see what it was. Could you provide your entry also in your portfolio maybe? You seem to always exit well before what you predicted your exit would be. BPAX for example. Can you try and be more realistic? Being at work I’m not always paying attention. It helps me to anticipate an exit knowing that the exit price is approaching. I know you can’t predict accurately 100% of the time though. But it does seem like most of the time you miss the predicted exit. thanx Less chatter about nonsense in the chatrooms. I would like to see more 0.25 to 1.00 entries, my account is small and it is hard to get leverage with the 3-5 dollar trades. I would like more education, being new to trading and an engineer by trade, I like to understand in depth how things work, I am sure alot of this will come with experience, but the faster I can learn the better I feel I will be at preserving my capital and growing it. More ‘shorter’ Swing trades. Overnighters, maybe a week at most, etc. To profit and be encouraged quicker, more often — yet be able to avoid the $25k requirement for Day trading. Making 1 trade per day, 4-5 per week. Pretty damn happy at this point, Like it when you stick to the plan you teach us and not “gunsling”. I would like to see the chat room a little more orderly, than it is at times, with quality alerts given by all who chat. So just a question of tweaking things otherwise happy with the way you are progressing! I’m not sure if you can do this but I have missed two trades that both made good money because I was late getting in. I got the TEXT on my phone that you had bought a stock, why, and what to look for as a stop but by the time I read it and tried to purchase the stock it had already gone up to close to your selling point…so I didn’t buy. Would it be possible (legal) to shoot off a text that you are about to buy something (before you do) so we can have a better shot at getting in at the right entry point? I started with you in November and lost 9.9% of my “play money”. December was better but I have not quite made up for November yet. I’m learning and will probably buy another 3 months of your service to give it a fair shake. Best regards. Tell us the best stock to short sell Discounts to subscribe. Poor college student i am I’m a big fan of learning the technicals. Charts, candles, indicators…today I saw the DIA affect BAC directly – it wasn’t just educational, it was entertaining, and will be useful during my next day of trading. Maybe less time spent reflecting on the charts that were good picks – more time on charts that have the ideal setup for a trade. I would like to see more daytrades I’m not in here very long, but for the time that I’ve been here I really like the service and personal tutoring that you give. The only thing that I miss is a track list based on the alerts that really went out. That’s all. Keep on going like this.
Gold & Silver Prices – Daily Outlook December 23
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DG365FD46564GFH654FU898 Gold and silver prices slightly declined yesterday for the second consecutive day, even though other commodities prices such as crude oil prices inclined and American stock markets moderately rose on Thursday. Currently, gold and silver are traded slightly up. Today, the U.S. new home sales report will be published, the U.S. core durable goods and Canadian GDO by Industry report. Here is a market outlook of precious metals prices for today, December 23rd: Gold and Silver Prices –December Update Gold price slightly declined on Thursday by 0.19% to $1,610.6; silver price also declined by 0.69% to $29.05. The chart below shows the development of gold and silver prices during December (normalized gold and silver prices to November 30th 2011). During December gold price decreased by 8.0% and silver price by 11.5%. The ratio between gold and silver prices slightly rose on Thursday, December 22nd and reached 55.45. During the month the ratio gained 3.9% as gold price has outperformed silver price. U.S. Initial Claims Declined Last Week According to the recent U.S. jobless claims weekly report, initial claims of 4,000 for the week ending on December 17th; to reach 364,000 claims (seasonally adjusted data); the insured unemployment rate also declined
Top-Performing U.S.-Listed Chinese Stocks (Dec 22, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Jiayuan.com
International Ltd (NASDAQ:DATE) is the best-performing U.S.-listed Chinese stock
on Dec. 22. It was up 11.8% on the day. DATEs upside potential is 136.3% based
on brokerage analysts average target price of $15.22. It is trading at 40.0% of
its 52-week high of $16.12, and 17.1% above its 52-week low of $5.50. E Commerce
China Dangdang Inc (ADR) (NYSE:DANG) is the second best-performing U.S.-listed
Chinese stock on Dec. 22. It was up 9.6% on the day. DANGs upside potential is
110.9% based on brokerage analysts average target price of $9.83. It is trading
at 12.8% of its 52-week high of $36.40, and 13.4% above its 52-week low of
$4.11. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the third best-performing
U.S.-listed Chinese stock on Dec. 22. It was up 7.8% on the day. LDKs upside
potential is -14.5% based on brokerage analysts average target price of $4.48.
It is trading at 35.0% of its 52-week high of $14.97, and 105.5% above its
52-week low of $2.55. Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is
the fourth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 7.2%
on the day. HMINs upside potential is 72.7% based on brokerage analysts average
target price of $47.69. It is trading at 61.5% of its 52-week high of $44.86,
and 25.0% above its 52-week low of $22.09. VanceInfo Technologies Inc.(ADR)
(NYSE:VIT) is the fifth best-performing U.S.-listed Chinese stock on Dec. 22. It
was up 6.0% on the day. VITs upside potential is 102.0% based on brokerage
analysts average target price of $18.24. It is trading at 23.8% of its 52-week
high of $37.99, and 45.9% above its 52-week low of $6.19. Trina Solar Limited
(ADR) (NYSE:TSL) is the sixth best-performing U.S.-listed Chinese stock on Dec.
22. It was up 5.9% on the day. TSLs upside potential is 76.8% based on brokerage
analysts average target price of $13.07. It is trading at 23.8% of its 52-week
high of $31.08, and 40.0% above its 52-week low of $5.28. AsiaInfo-Linkage, Inc.
(NASDAQ:ASIA) is the seventh best-performing U.S.-listed Chinese stock on Dec.
22. It was up 5.8% on the day. ASIAs upside potential is 147.0% based on
brokerage analysts average target price of $17.44. It is trading at 30.8% of its
52-week high of $22.91, and 13.7% above its 52-week low of $6.21. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the eighth best-performing
U.S.-listed Chinese stock on Dec. 22. It was up 5.8% on the day. CTRPs upside
potential is 86.0% based on brokerage analysts average target price of $44.30.
It is trading at 47.1% of its 52-week high of $50.57, and 6.7% above its 52-week
low of $22.33. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the ninth
best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.3% on the day.
STPs upside potential is 84.7% based on brokerage analysts average target price
of $4.43. It is trading at 22.2% of its 52-week high of $10.83, and 41.2% above
its 52-week low of $1.70. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the
10th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.0% on the
day. FMCNs upside potential is 91.3% based on brokerage analysts average target
price of $40.23. It is trading at 56.0% of its 52-week high of $37.58, and
139.2% above its 52-week low of $8.79. Simcere Pharmaceutical Group (ADR)
(NYSE:SCR) is the 11th best-performing U.S.-listed Chinese stock on Dec. 22. It
was up 4.9% on the day. SCRs upside potential is 26.8% based on brokerage
analysts average target price of $9.98. It is trading at 57.2% of its 52-week
high of $13.75, and 10.5% above its 52-week low of $7.12. Sohu.com Inc.
(NASDAQ:SOHU) is the 12th best-performing U.S.-listed Chinese stock on Dec. 22.
It was up 4.8% on the day. SOHUs upside potential is 54.0% based on brokerage
analysts average target price of $78.38. It is trading at 46.5% of its 52-week
high of $109.37, and 12.1% above its 52-week low of $45.40. 7 DAYS GROUP
HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 13th best-performing U.S.-listed Chinese
stock on Dec. 22. It was up 4.7% on the day. SVNs upside potential is 108.1%
based on brokerage analysts average target price of $24.03. It is trading at
48.1% of its 52-week high of $24.00, and 5.9% above its 52-week low of $10.91.
ReneSola Ltd. (ADR) (NYSE:SOL) is the 14th best-performing U.S.-listed Chinese
stock on Dec. 22. It was up 4.1% on the day. SOLs upside potential is 61.6%
based on brokerage analysts average target price of $2.86. It is trading at
13.4% of its 52-week high of $13.25, and 22.1% above its 52-week low of $1.45.
China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 15th best-performing
U.S.-listed Chinese stock on Dec. 22. It was up 4.0% on the day. HTHTs upside
potential is 62.4% based on brokerage analysts average target price of $21.82.
It is trading at 54.9% of its 52-week high of $24.47, and 11.9% above its
52-week low of $12.00. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the
16th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.8% on the
day. JASOs upside potential is 127.8% based on brokerage analysts average target
price of $3.14. It is trading at 16.1% of its 52-week high of $8.57, and 14.0%
above its 52-week low of $1.21. Renren Inc (NYSE:RENN) is the 17th
best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.7% on the day.
RENNs upside potential is 124.1% based on brokerage analysts average target
price of $7.62. It is trading at 14.2% of its 52-week high of $24.00, and 5.9%
above its 52-week low of $3.21. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the
18th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.6% on the
day. ISSs upside potential is 104.0% based on brokerage analysts average target
price of $17.20. It is trading at 37.3% of its 52-week high of $22.63, and 48.9%
above its 52-week low of $5.66. New Oriental Education & Tech Grp (ADR)
(NYSE:EDU) is the 19th best-performing U.S.-listed Chinese stock on Dec. 22. It
was up 3.4% on the day. EDUs upside potential is 47.7% based on brokerage
analysts average target price of $35.30. It is trading at 68.7% of its 52-week
high of $34.77, and 15.9% above its 52-week low of $20.61. 51job, Inc. (ADR)
(NASDAQ:JOBS) is the 20th best-performing U.S.-listed Chinese stock on Dec. 22.
It was up 3.2% on the day. JOBSs upside potential is 46.8% based on brokerage
analysts average target price of $64.50. It is trading at 63.0% of its 52-week
high of $69.80, and 20.0% above its 52-week low of $36.62.
International Ltd (NASDAQ:DATE) is the best-performing U.S.-listed Chinese stock
on Dec. 22. It was up 11.8% on the day. DATEs upside potential is 136.3% based
on brokerage analysts average target price of $15.22. It is trading at 40.0% of
its 52-week high of $16.12, and 17.1% above its 52-week low of $5.50. E Commerce
China Dangdang Inc (ADR) (NYSE:DANG) is the second best-performing U.S.-listed
Chinese stock on Dec. 22. It was up 9.6% on the day. DANGs upside potential is
110.9% based on brokerage analysts average target price of $9.83. It is trading
at 12.8% of its 52-week high of $36.40, and 13.4% above its 52-week low of
$4.11. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the third best-performing
U.S.-listed Chinese stock on Dec. 22. It was up 7.8% on the day. LDKs upside
potential is -14.5% based on brokerage analysts average target price of $4.48.
It is trading at 35.0% of its 52-week high of $14.97, and 105.5% above its
52-week low of $2.55. Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is
the fourth best-performing U.S.-listed Chinese stock on Dec. 22. It was up 7.2%
on the day. HMINs upside potential is 72.7% based on brokerage analysts average
target price of $47.69. It is trading at 61.5% of its 52-week high of $44.86,
and 25.0% above its 52-week low of $22.09. VanceInfo Technologies Inc.(ADR)
(NYSE:VIT) is the fifth best-performing U.S.-listed Chinese stock on Dec. 22. It
was up 6.0% on the day. VITs upside potential is 102.0% based on brokerage
analysts average target price of $18.24. It is trading at 23.8% of its 52-week
high of $37.99, and 45.9% above its 52-week low of $6.19. Trina Solar Limited
(ADR) (NYSE:TSL) is the sixth best-performing U.S.-listed Chinese stock on Dec.
22. It was up 5.9% on the day. TSLs upside potential is 76.8% based on brokerage
analysts average target price of $13.07. It is trading at 23.8% of its 52-week
high of $31.08, and 40.0% above its 52-week low of $5.28. AsiaInfo-Linkage, Inc.
(NASDAQ:ASIA) is the seventh best-performing U.S.-listed Chinese stock on Dec.
22. It was up 5.8% on the day. ASIAs upside potential is 147.0% based on
brokerage analysts average target price of $17.44. It is trading at 30.8% of its
52-week high of $22.91, and 13.7% above its 52-week low of $6.21. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the eighth best-performing
U.S.-listed Chinese stock on Dec. 22. It was up 5.8% on the day. CTRPs upside
potential is 86.0% based on brokerage analysts average target price of $44.30.
It is trading at 47.1% of its 52-week high of $50.57, and 6.7% above its 52-week
low of $22.33. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the ninth
best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.3% on the day.
STPs upside potential is 84.7% based on brokerage analysts average target price
of $4.43. It is trading at 22.2% of its 52-week high of $10.83, and 41.2% above
its 52-week low of $1.70. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the
10th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 5.0% on the
day. FMCNs upside potential is 91.3% based on brokerage analysts average target
price of $40.23. It is trading at 56.0% of its 52-week high of $37.58, and
139.2% above its 52-week low of $8.79. Simcere Pharmaceutical Group (ADR)
(NYSE:SCR) is the 11th best-performing U.S.-listed Chinese stock on Dec. 22. It
was up 4.9% on the day. SCRs upside potential is 26.8% based on brokerage
analysts average target price of $9.98. It is trading at 57.2% of its 52-week
high of $13.75, and 10.5% above its 52-week low of $7.12. Sohu.com Inc.
(NASDAQ:SOHU) is the 12th best-performing U.S.-listed Chinese stock on Dec. 22.
It was up 4.8% on the day. SOHUs upside potential is 54.0% based on brokerage
analysts average target price of $78.38. It is trading at 46.5% of its 52-week
high of $109.37, and 12.1% above its 52-week low of $45.40. 7 DAYS GROUP
HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 13th best-performing U.S.-listed Chinese
stock on Dec. 22. It was up 4.7% on the day. SVNs upside potential is 108.1%
based on brokerage analysts average target price of $24.03. It is trading at
48.1% of its 52-week high of $24.00, and 5.9% above its 52-week low of $10.91.
ReneSola Ltd. (ADR) (NYSE:SOL) is the 14th best-performing U.S.-listed Chinese
stock on Dec. 22. It was up 4.1% on the day. SOLs upside potential is 61.6%
based on brokerage analysts average target price of $2.86. It is trading at
13.4% of its 52-week high of $13.25, and 22.1% above its 52-week low of $1.45.
China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 15th best-performing
U.S.-listed Chinese stock on Dec. 22. It was up 4.0% on the day. HTHTs upside
potential is 62.4% based on brokerage analysts average target price of $21.82.
It is trading at 54.9% of its 52-week high of $24.47, and 11.9% above its
52-week low of $12.00. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the
16th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.8% on the
day. JASOs upside potential is 127.8% based on brokerage analysts average target
price of $3.14. It is trading at 16.1% of its 52-week high of $8.57, and 14.0%
above its 52-week low of $1.21. Renren Inc (NYSE:RENN) is the 17th
best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.7% on the day.
RENNs upside potential is 124.1% based on brokerage analysts average target
price of $7.62. It is trading at 14.2% of its 52-week high of $24.00, and 5.9%
above its 52-week low of $3.21. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the
18th best-performing U.S.-listed Chinese stock on Dec. 22. It was up 3.6% on the
day. ISSs upside potential is 104.0% based on brokerage analysts average target
price of $17.20. It is trading at 37.3% of its 52-week high of $22.63, and 48.9%
above its 52-week low of $5.66. New Oriental Education & Tech Grp (ADR)
(NYSE:EDU) is the 19th best-performing U.S.-listed Chinese stock on Dec. 22. It
was up 3.4% on the day. EDUs upside potential is 47.7% based on brokerage
analysts average target price of $35.30. It is trading at 68.7% of its 52-week
high of $34.77, and 15.9% above its 52-week low of $20.61. 51job, Inc. (ADR)
(NASDAQ:JOBS) is the 20th best-performing U.S.-listed Chinese stock on Dec. 22.
It was up 3.2% on the day. JOBSs upside potential is 46.8% based on brokerage
analysts average target price of $64.50. It is trading at 63.0% of its 52-week
high of $69.80, and 20.0% above its 52-week low of $36.62.
6 Retailers on the Ups
Picking retailers during a recession is a difficult proposition, considering
winners have come out of every part of the spectrum discount, luxury, you name
it. At the same time, theres plenty of losers just look at the recent
bankruptcy of Syms (PINK: SYMSQ ) and its Filenes Basement unit, which shows not
even discount retailers are guaranteed a pass during hard times. I watch more
than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
got six various retail stocks to buy. Here they are, in alphabetical order. Each
one of these stocks gets an "A" or "B" according to my research, meaning
it is a "strong buy" or "buy." 99 Cents Only Stores (NYSE: NDN ) is a
"dollar store"-type retail stock. Like many other discount retailers, NDN
has had a successful 2011, up 37%. NDN stock gets a "B" for earnings
momentum and a "B" for the magnitude in which earnings projections have
increased over the past month in my Portfolio Grader tool. For more information,
view my complete analysis of NDN stock . Dollar General (NYSE: DG ) is a
discount retailer with stores in 35 states. DG stock has had a strong
year-to-date return of 33%. DG stock gets a "B" for operating margin growth,
a "B" for earnings growth, a "B" for the magnitude in which earnings
projections have increased during the past month and a "B" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of DG stock . Dollar Tree (NASDAQ: DLTR ) operates discount variety
stores that offer merchandise at the fixed price of $1. Shareholders have been
pleased by the retail stocks return of 46% in the past 12 months. DLTR gets a
"B" for operating margin growth, a "B" for earnings growth, a "B"
for the magnitude in which earnings projections have increased during the past
month and an "A" for return on equity in my Portfolio Grader tool. For more
information, view my complete analysis of DLTR stock . Dillard's (NYSE: DDS )
is a retailer of apparel and home furnishings. For 2011, DDS has posted a gain
of almost 19% compared to smaller gains by the broader markets. DDS stock gets
an "A" for operating margin growth, an "A" for earnings growth, an
"A" for earning momentum, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street, a "B" for the magnitude in which earnings
projections have increased over the past month and an "A" for cash flow in
my Portfolio Grader tool. For more information, view my complete analysis of DDS
stock . Macy's (NYSE: M ) operates retail stores under the names Macy's and
Bloomingdale's. Year-to-date, M stock is up 26% compared to a gain of just 4%
for the Dow Jones. M stock gets an "A" for operating margin growth, an
"A" for earnings growth, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street, a "B" for the magnitude in which earnings
projections have increased during the past month, an "A" for cash flow and
an "A" for return on equity in my Portfolio Grader tool. For more
information, view my complete analysis of M stock . Nordstrom (NYSE: JWN ) is a
retail chain that offers apparel, shoes, cosmetics and accessories for women,
men and children. JWN rounds out the list with a return of almost 17%
year-to-date. JWN gets a "B" for operating margin growth and an "A" for
return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of JWN stock . Get more analysis of these picks and other
publicly traded stocks with Louis Navellier's Portfolio Grader tool, a 100%
free stock rating tool that measures both quantitative buying pressure and eight
fundamental factors.
winners have come out of every part of the spectrum discount, luxury, you name
it. At the same time, theres plenty of losers just look at the recent
bankruptcy of Syms (PINK: SYMSQ ) and its Filenes Basement unit, which shows not
even discount retailers are guaranteed a pass during hard times. I watch more
than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
got six various retail stocks to buy. Here they are, in alphabetical order. Each
one of these stocks gets an "A" or "B" according to my research, meaning
it is a "strong buy" or "buy." 99 Cents Only Stores (NYSE: NDN ) is a
"dollar store"-type retail stock. Like many other discount retailers, NDN
has had a successful 2011, up 37%. NDN stock gets a "B" for earnings
momentum and a "B" for the magnitude in which earnings projections have
increased over the past month in my Portfolio Grader tool. For more information,
view my complete analysis of NDN stock . Dollar General (NYSE: DG ) is a
discount retailer with stores in 35 states. DG stock has had a strong
year-to-date return of 33%. DG stock gets a "B" for operating margin growth,
a "B" for earnings growth, a "B" for the magnitude in which earnings
projections have increased during the past month and a "B" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of DG stock . Dollar Tree (NASDAQ: DLTR ) operates discount variety
stores that offer merchandise at the fixed price of $1. Shareholders have been
pleased by the retail stocks return of 46% in the past 12 months. DLTR gets a
"B" for operating margin growth, a "B" for earnings growth, a "B"
for the magnitude in which earnings projections have increased during the past
month and an "A" for return on equity in my Portfolio Grader tool. For more
information, view my complete analysis of DLTR stock . Dillard's (NYSE: DDS )
is a retailer of apparel and home furnishings. For 2011, DDS has posted a gain
of almost 19% compared to smaller gains by the broader markets. DDS stock gets
an "A" for operating margin growth, an "A" for earnings growth, an
"A" for earning momentum, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street, a "B" for the magnitude in which earnings
projections have increased over the past month and an "A" for cash flow in
my Portfolio Grader tool. For more information, view my complete analysis of DDS
stock . Macy's (NYSE: M ) operates retail stores under the names Macy's and
Bloomingdale's. Year-to-date, M stock is up 26% compared to a gain of just 4%
for the Dow Jones. M stock gets an "A" for operating margin growth, an
"A" for earnings growth, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street, a "B" for the magnitude in which earnings
projections have increased during the past month, an "A" for cash flow and
an "A" for return on equity in my Portfolio Grader tool. For more
information, view my complete analysis of M stock . Nordstrom (NYSE: JWN ) is a
retail chain that offers apparel, shoes, cosmetics and accessories for women,
men and children. JWN rounds out the list with a return of almost 17%
year-to-date. JWN gets a "B" for operating margin growth and an "A" for
return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of JWN stock . Get more analysis of these picks and other
publicly traded stocks with Louis Navellier's Portfolio Grader tool, a 100%
free stock rating tool that measures both quantitative buying pressure and eight
fundamental factors.
Toyota in the Comeback Driver’s Seat for 2012
Toyota (NYSE: TM ) has had a rough few years. First, the financial crisis and
resulting recessions brutalized the automaking industry and prompting Toyota to
post its first-ever loss in 2008. Then, fears of unintended acceleration led to
the recall of some 9 million Toyota vehicles across early 2010. Most recently,
this year, Toyota production was thrown into disarray by the tragic earthquake
and tsunami that affected businesses in Japan. But investors and fans of the
Prius and Camry should take heart Toyota is revved up and ready for a comeback
in 2012. And if you buy what Toyota is selling right now, the Japanese company
will once again return to its perch as the world's No. 1 automaker. Toyota,
like all auto stocks, certainly has room to improve. It has seen revenue crash
from pre-recession levels and TM stock has flopped as a result. Shares are off
more than 50% in five years and are down 18% so far in 2011. But Toyotas woes
have continued while other companies have started to pick up. Reports this week
show Toyotas global vehicle sales for 2011 are projected to finish at 7.9
million vehicles, down about 6% from 2010 numbers. That likely puts it in the
No. 3 spot behind both Germany's Volkswagen (PINK: VLKAY ) and Detroit's
General Motors (NYSE: GM ). Though full-year sales numbers aren't available
yet for either of these automakers, both are expected to top 8 million. The good
news for Toyota investors is that the company has targeted an ambitious sales
total of almost 8.5 million for next year, thanks in part to stability returning
after the disaster in Japan but also because of growth both in America and in
all-important emerging markets like China . General Motors had been at the top
for more than seven decades until Toyota took the crown in 2008. And its recent
return to dominance is bittersweet. GM had to enter bankruptcy and rely on Uncle
Sam for a bailout, and the company remains a shadow of what it was during the
boom times of the early 2000s. Consider that in 2000, the auto industry moved
17.4 million cars. This year, analysts are heralding a "resurgence," but
U.S. auto sales are going to hit only about 13 million. Still, there's
something to be said for having the biggest piece of a smaller pie. And Toyota
is determined to topple GM once more thanks to the power of its Prius hybrids
and a renewed focus on quality and reliability that Toyota became known for
(before recall woes, of course). After all, it wasn't long ago that the Camry
was the gold standard of sedans for many American drivers. Analysts like Mamoru
Katou of Tokai Tokyo Research say that if Toyota can continue to push its
hybrids, revitalize the Camry and tap into emerging markets, "it wont be a
surprise to me if Toyota reaches a new record in global sales." That's not
just crazy talk, either. Toyota is tracking almost $230 billion in sales in the
current fiscal year on par with its 2008 numbers and is estimating $250
billion the following year. Profits aren't even close, since smaller vehicles
and smaller margins are the order of the day, but it's certainly an
encouraging sign. Those are just sales projections, of course. Before investors
run out and buy Toyota stock, let's remember that the real success of these
vehicles is going to be up to the consumers who drive them every day and their
ever-changing tastes. For instance, GM, Nissan (PINK: NSANY ) and upstart Tesla
(NASDAQ: TSLA ) are betting big-time on electric vehicles being the way of the
future even though EV sales are dead in the water now . Hybrids are dominant,
but a transition to electric vehicles might hurt the Prius' appeal. And though
Toyota has posted recent gains in year-over-year sales , making up for lost
ground can't necessarily be seen as true growth. If Toyota takes its eye off
the ball on quality or suffers another recall black eye, those estimates could
just be wishful thinking. 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 . Jeff Reeves holds a position in
Alcoa, but no other publicly traded stocks.
resulting recessions brutalized the automaking industry and prompting Toyota to
post its first-ever loss in 2008. Then, fears of unintended acceleration led to
the recall of some 9 million Toyota vehicles across early 2010. Most recently,
this year, Toyota production was thrown into disarray by the tragic earthquake
and tsunami that affected businesses in Japan. But investors and fans of the
Prius and Camry should take heart Toyota is revved up and ready for a comeback
in 2012. And if you buy what Toyota is selling right now, the Japanese company
will once again return to its perch as the world's No. 1 automaker. Toyota,
like all auto stocks, certainly has room to improve. It has seen revenue crash
from pre-recession levels and TM stock has flopped as a result. Shares are off
more than 50% in five years and are down 18% so far in 2011. But Toyotas woes
have continued while other companies have started to pick up. Reports this week
show Toyotas global vehicle sales for 2011 are projected to finish at 7.9
million vehicles, down about 6% from 2010 numbers. That likely puts it in the
No. 3 spot behind both Germany's Volkswagen (PINK: VLKAY ) and Detroit's
General Motors (NYSE: GM ). Though full-year sales numbers aren't available
yet for either of these automakers, both are expected to top 8 million. The good
news for Toyota investors is that the company has targeted an ambitious sales
total of almost 8.5 million for next year, thanks in part to stability returning
after the disaster in Japan but also because of growth both in America and in
all-important emerging markets like China . General Motors had been at the top
for more than seven decades until Toyota took the crown in 2008. And its recent
return to dominance is bittersweet. GM had to enter bankruptcy and rely on Uncle
Sam for a bailout, and the company remains a shadow of what it was during the
boom times of the early 2000s. Consider that in 2000, the auto industry moved
17.4 million cars. This year, analysts are heralding a "resurgence," but
U.S. auto sales are going to hit only about 13 million. Still, there's
something to be said for having the biggest piece of a smaller pie. And Toyota
is determined to topple GM once more thanks to the power of its Prius hybrids
and a renewed focus on quality and reliability that Toyota became known for
(before recall woes, of course). After all, it wasn't long ago that the Camry
was the gold standard of sedans for many American drivers. Analysts like Mamoru
Katou of Tokai Tokyo Research say that if Toyota can continue to push its
hybrids, revitalize the Camry and tap into emerging markets, "it wont be a
surprise to me if Toyota reaches a new record in global sales." That's not
just crazy talk, either. Toyota is tracking almost $230 billion in sales in the
current fiscal year on par with its 2008 numbers and is estimating $250
billion the following year. Profits aren't even close, since smaller vehicles
and smaller margins are the order of the day, but it's certainly an
encouraging sign. Those are just sales projections, of course. Before investors
run out and buy Toyota stock, let's remember that the real success of these
vehicles is going to be up to the consumers who drive them every day and their
ever-changing tastes. For instance, GM, Nissan (PINK: NSANY ) and upstart Tesla
(NASDAQ: TSLA ) are betting big-time on electric vehicles being the way of the
future even though EV sales are dead in the water now . Hybrids are dominant,
but a transition to electric vehicles might hurt the Prius' appeal. And though
Toyota has posted recent gains in year-over-year sales , making up for lost
ground can't necessarily be seen as true growth. If Toyota takes its eye off
the ball on quality or suffers another recall black eye, those estimates could
just be wishful thinking. 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 . Jeff Reeves holds a position in
Alcoa, but no other publicly traded stocks.
Gold & Silver Prices – Daily Outlook December 23
Gold and silver prices slightly declined yesterday for the second consecutive
day, even though other commodities prices such as crude oil prices inclined and
American stock markets moderately rose on Thursday. Currently, gold and silver
are traded slightly up. Today, the U.S. new home sales report will be published,
the U.S. core durable goods and Canadian GDO by Industry report. Here is a
market outlook of precious metals prices for today, December 23rd: Gold and
Silver Prices –December Update Gold price slightly declined on Thursday by
0.19% to $1,610.6; silver price also declined by 0.69% to $29.05. The chart
below shows the development of gold and silver prices during December
(normalized gold and silver prices to November 30th 2011). During December gold
price decreased by 8.0% and silver price by 11.5%. The ratio between gold and
silver prices slightly rose on Thursday, December 22nd and reached 55.45. During
the month the ratio gained 3.9% as gold price has outperformed silver price.
U.S. Initial Claims Declined Last Week According to the recent U.S. jobless
claims weekly report, initial claims of 4,000 for the week ending on December
17th; to reach 364,000 claims (seasonally adjusted data); the insured
unemployment rate also declined
day, even though other commodities prices such as crude oil prices inclined and
American stock markets moderately rose on Thursday. Currently, gold and silver
are traded slightly up. Today, the U.S. new home sales report will be published,
the U.S. core durable goods and Canadian GDO by Industry report. Here is a
market outlook of precious metals prices for today, December 23rd: Gold and
Silver Prices –December Update Gold price slightly declined on Thursday by
0.19% to $1,610.6; silver price also declined by 0.69% to $29.05. The chart
below shows the development of gold and silver prices during December
(normalized gold and silver prices to November 30th 2011). During December gold
price decreased by 8.0% and silver price by 11.5%. The ratio between gold and
silver prices slightly rose on Thursday, December 22nd and reached 55.45. During
the month the ratio gained 3.9% as gold price has outperformed silver price.
U.S. Initial Claims Declined Last Week According to the recent U.S. jobless
claims weekly report, initial claims of 4,000 for the week ending on December
17th; to reach 364,000 claims (seasonally adjusted data); the insured
unemployment rate also declined
Gold and Silver Declined while WTI Oil Rose –Recap December 22
Gold and silver prices slightly declined for the second straight day; WTI oil
price continued to rally, while Brent oil price moderately declined; natural gas
(Henry Hub) spot price changed direction and rose yesterday. Major currencies
were traded slightly up against the US dollar including the Euro and the
Australian dollar. Here is a summary of the price developments of precious
metals and energy commodities for December 22nd: Precious Metals Prices: Gold
price slightly slipped on Thursday by 0.19% and reached $1,610.60; Silver price
also decreased by 0.69% to reach $29.05. During December, gold price declined by
8%, and silver price by 11.45%.
price continued to rally, while Brent oil price moderately declined; natural gas
(Henry Hub) spot price changed direction and rose yesterday. Major currencies
were traded slightly up against the US dollar including the Euro and the
Australian dollar. Here is a summary of the price developments of precious
metals and energy commodities for December 22nd: Precious Metals Prices: Gold
price slightly slipped on Thursday by 0.19% and reached $1,610.60; Silver price
also decreased by 0.69% to reach $29.05. During December, gold price declined by
8%, and silver price by 11.45%.
Google Alert - gas prices today
| ||
| Battle Lines Drawn Over Natural Gas Exports (DOW, DD, XOM, CHK, LNG) 24/7 Wall St. Natural gas prices in the US rose to more than $4.80/thousand cubic feet (tcf) in June, and have trailed off to under $3.20/tcf today. In late 2005, natural gas spot prices topped $15/tcf and in the summer of 2008, spot prices rose above $13/tcf. ... See all stories on this topic » |
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Top 10 Fastest-Growing Real Estate Stocks: Z, EJ, CRIC, MOVE, SYSW, JLL, LOOP, CBG, KW, FSRV (Dec 22, 2011)
Below are the top 10 fastest-growing Real Estate stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. Three Chinese
companies (EJ, CRIC, SYSW) are on the list. Zillow Inc (NASDAQ:Z) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 54.2%. This number is based on the average estimate of
2 brokerage analysts. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the
second fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 30.7%. This number is based on the average estimate
of 5 brokerage analysts. China Real Estate Information Corp (NASDAQ:CRIC) is the
third fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 25.0%. This number is based on the average estimate
of 3 brokerage analysts. Move Inc. (NASDAQ:MOVE) is the fourth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 23.0%. This number is based on the average estimate of 2 brokerage
analysts. Syswin Inc (ADR) (NYSE:SYSW) is the fifth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
18.7%. This number is based on the average estimate of 3 brokerage analysts.
Jones Lang LaSalle Incorporated (NYSE:JLL) is the sixth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
17.7%. This number is based on the average estimate of 5 brokerage analysts.
LoopNet, Inc. (NASDAQ:LOOP) is the seventh fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 17.4%. This
number is based on the average estimate of 3 brokerage analysts. CBRE Group Inc
(NYSE:CBG) is the eighth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 16.6%. This number is based on
the average estimate of 4 brokerage analysts. Kennedy-Wilson Holdings, Inc.
(NYSE:KW) is the ninth fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 15.0%. This number is based on the
average estimate of 2 brokerage analysts. FirstService Corporation (USA)
(NASDAQ:FSRV) is the 10th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 14.3%. This number is based on
the average estimate of 4 brokerage analysts.
long-term earnings growth rate estimated by Wall Street analysts. Three Chinese
companies (EJ, CRIC, SYSW) are on the list. Zillow Inc (NASDAQ:Z) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 54.2%. This number is based on the average estimate of
2 brokerage analysts. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the
second fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 30.7%. This number is based on the average estimate
of 5 brokerage analysts. China Real Estate Information Corp (NASDAQ:CRIC) is the
third fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 25.0%. This number is based on the average estimate
of 3 brokerage analysts. Move Inc. (NASDAQ:MOVE) is the fourth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 23.0%. This number is based on the average estimate of 2 brokerage
analysts. Syswin Inc (ADR) (NYSE:SYSW) is the fifth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
18.7%. This number is based on the average estimate of 3 brokerage analysts.
Jones Lang LaSalle Incorporated (NYSE:JLL) is the sixth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
17.7%. This number is based on the average estimate of 5 brokerage analysts.
LoopNet, Inc. (NASDAQ:LOOP) is the seventh fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 17.4%. This
number is based on the average estimate of 3 brokerage analysts. CBRE Group Inc
(NYSE:CBG) is the eighth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 16.6%. This number is based on
the average estimate of 4 brokerage analysts. Kennedy-Wilson Holdings, Inc.
(NYSE:KW) is the ninth fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 15.0%. This number is based on the
average estimate of 2 brokerage analysts. FirstService Corporation (USA)
(NASDAQ:FSRV) is the 10th fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 14.3%. This number is based on
the average estimate of 4 brokerage analysts.
4 Trucking Stocks That Will Keep Rolling
The trucking industry accelerated in November, with freight tonnage rising by
0.3% that's a full 6% higher than November 2010 and the largest
year-over-year gain since June, the American Trucking Associations said on
Wednesday. "Tonnage levels continue to point to an economy that is growing,
not sliding into a recession," ATA Chief Economist Bob Costello said. "Over
the last three months, tonnage is up 2.3% and stands at the highest level since
January of this year." Two key factors are behind the tonnage growth: rising
manufacturing output and leaner retail inventories. With an uptick in
manufacturing, the sheer volume of truck freight has been increasing. And as
retailers sell existing inventory, the need to replenish stock has kept trucks
busy. Despite the rebound in its fortunes, the industry faces headwinds going
into 2012. Foremost among them is a new set of federal rules that would limit
the amount of time truck drivers can work. The Federal Motor carrier Safety
Administration (FMCSA) could publish its so-called Hours of Service (HOS)
regulations as early as Thursday. The trucking industry, which says implementing
the rules could cost more than $1 billion, has vowed to sue if the final version
is too restrictive. The HOS regulations aim to reduce crash-related deaths and
injuries by trimming truckers' maximum daily driving time from the current 11
hours to 10 and total on-duty time from the current 14 hours to 13. The industry
maintains that the new rules would result in higher costs for trucking companies
and delayed shipments, and that could trigger a slump in motor carrier freight
loads. Another challenge: hiring enough drivers. With unemployment starting to
ease slightly, the trucking industry will need to hire 135,000 new drivers by
the end of the first quarter 2012, industry sources say. Also, any prolonged
increase in fuel prices or U.S. economic fallout from Europe's ongoing debt
fiasco obviously would have a major impact on the trucking industry. Since most
trucking stocks have bounced back from their battered recession-era levels,
it's a lot harder to find a bargain now than it was earlier this year. Still,
trucking capacity is very tight currently and that gives companies the power to
boost rates and fatten margins. While no longer cheap, truck stocks with strong
fundamentals continue to offer value. Here are four that still have some gas in
the tank for 2012: C.H. Robinson (NASDAQ: CHRW ) is actually more of a
third-party logistics company that provides multimodal freight transport through
its contracts with motor carriers, railroads and others. With a market cap of
$11.2 billion, CHRW has a price-earnings-to-growth (PEG) ratio of 1.7,
indicating that the stock is overvalued (with 1.0 considered fair value). At
$68.23, the stock is trading about 9% above its 52-week low in August, and its
one-year return is –13%. Still, it has a current dividend yield of 1.75%, and
its multi-carrier focus positions it well for rail and intermodal growth
opportunities. J.B. Hunt (NASDAQ: JBHT ) provides full truckload, intermodal and
logistics services in the U.S., Canada and Mexico which is a plus because those
first two markets are forecast to shift into higher gear in 2012. With a market
cap of $5.2 billion, JBHT has a PEG ratio of about 1.2, meaning the stock is
slightly overvalued. At $44.64, JBHT is trading nearly 30% above its 52-week low
in September, and its one-year return is 12%. The stock has a current dividend
yield of 1.2%. Old Dominion Freight Line (NASDAQ: ODFL ) is a family-run,
less-than-truckload (LTL) carrier that operates mostly in the U.S. It provides
regional, inter-regional and national services, as well as logistics, supply
chain management and freight consulting services. With a market cap of $2.3
billion, ODFL has a PEG ratio of 1.3, indicating the stock is slightly
overvalued. At $40.45, the stock is trading nearly 48% above its 52-week low in
October and its one-year return is nearly 28%. Con-Way (NYSE: CNW ), a provider
of less-than-truckload (LTL) and full truckload services, has a market cap of
$1.6 billion and a PEG ratio of 0.62, which means the stock is very undervalued.
At $29, CNW is trading nearly 41% above its 52-week low in October. Although its
one-year return is –18%, the company's fundamentals are strong, and it's
likely to benefit from volume and margin growth in 2012. The stock has a current
dividend yield of 1.4%. As of this writing, Susan J. Aluise did not hold a
position in any of the stocks mentioned here.
0.3% that's a full 6% higher than November 2010 and the largest
year-over-year gain since June, the American Trucking Associations said on
Wednesday. "Tonnage levels continue to point to an economy that is growing,
not sliding into a recession," ATA Chief Economist Bob Costello said. "Over
the last three months, tonnage is up 2.3% and stands at the highest level since
January of this year." Two key factors are behind the tonnage growth: rising
manufacturing output and leaner retail inventories. With an uptick in
manufacturing, the sheer volume of truck freight has been increasing. And as
retailers sell existing inventory, the need to replenish stock has kept trucks
busy. Despite the rebound in its fortunes, the industry faces headwinds going
into 2012. Foremost among them is a new set of federal rules that would limit
the amount of time truck drivers can work. The Federal Motor carrier Safety
Administration (FMCSA) could publish its so-called Hours of Service (HOS)
regulations as early as Thursday. The trucking industry, which says implementing
the rules could cost more than $1 billion, has vowed to sue if the final version
is too restrictive. The HOS regulations aim to reduce crash-related deaths and
injuries by trimming truckers' maximum daily driving time from the current 11
hours to 10 and total on-duty time from the current 14 hours to 13. The industry
maintains that the new rules would result in higher costs for trucking companies
and delayed shipments, and that could trigger a slump in motor carrier freight
loads. Another challenge: hiring enough drivers. With unemployment starting to
ease slightly, the trucking industry will need to hire 135,000 new drivers by
the end of the first quarter 2012, industry sources say. Also, any prolonged
increase in fuel prices or U.S. economic fallout from Europe's ongoing debt
fiasco obviously would have a major impact on the trucking industry. Since most
trucking stocks have bounced back from their battered recession-era levels,
it's a lot harder to find a bargain now than it was earlier this year. Still,
trucking capacity is very tight currently and that gives companies the power to
boost rates and fatten margins. While no longer cheap, truck stocks with strong
fundamentals continue to offer value. Here are four that still have some gas in
the tank for 2012: C.H. Robinson (NASDAQ: CHRW ) is actually more of a
third-party logistics company that provides multimodal freight transport through
its contracts with motor carriers, railroads and others. With a market cap of
$11.2 billion, CHRW has a price-earnings-to-growth (PEG) ratio of 1.7,
indicating that the stock is overvalued (with 1.0 considered fair value). At
$68.23, the stock is trading about 9% above its 52-week low in August, and its
one-year return is –13%. Still, it has a current dividend yield of 1.75%, and
its multi-carrier focus positions it well for rail and intermodal growth
opportunities. J.B. Hunt (NASDAQ: JBHT ) provides full truckload, intermodal and
logistics services in the U.S., Canada and Mexico which is a plus because those
first two markets are forecast to shift into higher gear in 2012. With a market
cap of $5.2 billion, JBHT has a PEG ratio of about 1.2, meaning the stock is
slightly overvalued. At $44.64, JBHT is trading nearly 30% above its 52-week low
in September, and its one-year return is 12%. The stock has a current dividend
yield of 1.2%. Old Dominion Freight Line (NASDAQ: ODFL ) is a family-run,
less-than-truckload (LTL) carrier that operates mostly in the U.S. It provides
regional, inter-regional and national services, as well as logistics, supply
chain management and freight consulting services. With a market cap of $2.3
billion, ODFL has a PEG ratio of 1.3, indicating the stock is slightly
overvalued. At $40.45, the stock is trading nearly 48% above its 52-week low in
October and its one-year return is nearly 28%. Con-Way (NYSE: CNW ), a provider
of less-than-truckload (LTL) and full truckload services, has a market cap of
$1.6 billion and a PEG ratio of 0.62, which means the stock is very undervalued.
At $29, CNW is trading nearly 41% above its 52-week low in October. Although its
one-year return is –18%, the company's fundamentals are strong, and it's
likely to benefit from volume and margin growth in 2012. The stock has a current
dividend yield of 1.4%. As of this writing, Susan J. Aluise did not hold a
position in any of the stocks mentioned here.
A Quick Holiday Message To All Free Subscribers
Good Morning! We nailed another winner yesterday buying BPAX Tuesday for a 21%
move into Wednesday details on how I continue to do this below. Todays watch
lists #1 3 NASDAQ small caps under $2 positioned to move in 2012 #2 5 small
caps under $.50 you should be watching Another 21% victory my only alert this
week. Tuesdays alert becomes one of the top stocks in the market Wednesday up 21
% and my premium subscribers and I were in. Tuesday I alerted BPAX after
scouting it for 5-days. Wednesday BPAX was up over 21% from my alert and my
premium subscribers and I cashed in once again. I told you guys and gals 5-days
ago I would trade BPAX. This illustrates the importance of stalking stocks and
is an excellent reflection of how I work. I dont get them all right but I win
66% of the time with all of my trades. Wednesday BPAX was in the top 5 almost
all day of percent gainers with 300 trades or more. We were in the stock
Tuesday! Here is where I told everyone , free and paid how I would go after it
soon and my timing paid off big for subscribers, many of which locked in a
bigger gain than I since it continued up 10% after I sold. This from Andre who
just signed up this week. Good day Jason, I want to thank you for the reason of
my first successfull investment with BPAX from .42 cents to .50 cents. I am now
looking into 2012 with a confident heart to be do well to the coming
possibilities that you will offer me, and hopefully one day to be able to play
in the bigger leagues like you. Merry Christmas to you and your family. André
This further illustrates why watch lists are exactly that, just watch lists. It
took 5-days before I bought BPAX from that blog post but when I did we saw a 21%
run the next day. If you sign up today theres still time to join us for tonights
small gathering in my private chat before the holiday. Itll be a small group due
to the holiday which will give you some facetime if youd like. The webinar is
from 9 p.m. EST 10 p.m. EST and Ill be sending instructions to my premium
subscribers after the close. Happy Holidays, Jason Bond
move into Wednesday details on how I continue to do this below. Todays watch
lists #1 3 NASDAQ small caps under $2 positioned to move in 2012 #2 5 small
caps under $.50 you should be watching Another 21% victory my only alert this
week. Tuesdays alert becomes one of the top stocks in the market Wednesday up 21
% and my premium subscribers and I were in. Tuesday I alerted BPAX after
scouting it for 5-days. Wednesday BPAX was up over 21% from my alert and my
premium subscribers and I cashed in once again. I told you guys and gals 5-days
ago I would trade BPAX. This illustrates the importance of stalking stocks and
is an excellent reflection of how I work. I dont get them all right but I win
66% of the time with all of my trades. Wednesday BPAX was in the top 5 almost
all day of percent gainers with 300 trades or more. We were in the stock
Tuesday! Here is where I told everyone , free and paid how I would go after it
soon and my timing paid off big for subscribers, many of which locked in a
bigger gain than I since it continued up 10% after I sold. This from Andre who
just signed up this week. Good day Jason, I want to thank you for the reason of
my first successfull investment with BPAX from .42 cents to .50 cents. I am now
looking into 2012 with a confident heart to be do well to the coming
possibilities that you will offer me, and hopefully one day to be able to play
in the bigger leagues like you. Merry Christmas to you and your family. André
This further illustrates why watch lists are exactly that, just watch lists. It
took 5-days before I bought BPAX from that blog post but when I did we saw a 21%
run the next day. If you sign up today theres still time to join us for tonights
small gathering in my private chat before the holiday. Itll be a small group due
to the holiday which will give you some facetime if youd like. The webinar is
from 9 p.m. EST 10 p.m. EST and Ill be sending instructions to my premium
subscribers after the close. Happy Holidays, Jason Bond
3 NASDAQ Small Caps Under $2 Positioned To Move In 2012
With ten days left in December of which only six are open for trading, two of
these stocks PWAV and AONE have been beaten down by big sellers and are
positioned to move back up in 2012. The third stock however, ZLCS, is showing a
powerfully continuation pattern and appears as if it wants to make a move this
week. All of them are possible trades before and after the holiday. Powerwave
Technologies ( NASDAQ:PWAV ) engages in the design, manufacture, marketing, and
sale of wireless solutions for wireless communications networks worldwide. I
like this company in 2012 and think itll draw the attention of institutions
again. Ill be looking to accumulate shares just above the recent low and see
what 2012 brings. A123 Systems ( NASDAQ:AONE ) engages in the design,
development, manufacture, and sale of rechargeable lithium-ion batteries and
battery systems worldwide. Big and I mean big sellers are moving out of this
stock. Hard to say if this is the 2011 bottom but you better believe Im watching
close for technical entry. I think AONE could be a steady climber in January and
Id like to be in near the bottom if possible. Be careful though, there could
still be some big sellers lurking. Zalicus ( NASDAQ:ZLCS ) is a
biopharmaceutical company, engages in the discovery and development of drug
candidates focusing on the treatment of pain and inflammation. Talk about a
continuation pattern, this is a technical masterpiece. Whether it catches or not
is the key but right now it appears ZLCS wants to make a move to $1.54
resistance again. With support at $1.25 the risk seems worth the reward and this
is a trade I might consider today if big bidders show up.
these stocks PWAV and AONE have been beaten down by big sellers and are
positioned to move back up in 2012. The third stock however, ZLCS, is showing a
powerfully continuation pattern and appears as if it wants to make a move this
week. All of them are possible trades before and after the holiday. Powerwave
Technologies ( NASDAQ:PWAV ) engages in the design, manufacture, marketing, and
sale of wireless solutions for wireless communications networks worldwide. I
like this company in 2012 and think itll draw the attention of institutions
again. Ill be looking to accumulate shares just above the recent low and see
what 2012 brings. A123 Systems ( NASDAQ:AONE ) engages in the design,
development, manufacture, and sale of rechargeable lithium-ion batteries and
battery systems worldwide. Big and I mean big sellers are moving out of this
stock. Hard to say if this is the 2011 bottom but you better believe Im watching
close for technical entry. I think AONE could be a steady climber in January and
Id like to be in near the bottom if possible. Be careful though, there could
still be some big sellers lurking. Zalicus ( NASDAQ:ZLCS ) is a
biopharmaceutical company, engages in the discovery and development of drug
candidates focusing on the treatment of pain and inflammation. Talk about a
continuation pattern, this is a technical masterpiece. Whether it catches or not
is the key but right now it appears ZLCS wants to make a move to $1.54
resistance again. With support at $1.25 the risk seems worth the reward and this
is a trade I might consider today if big bidders show up.
$1,600 Gold Price to “Act as a Magnet” Through Year-End
GOLD PRICE NEWS – The gold price dipped $8.07 to $1,608.82 per ounce Thursday
after U.S. weekly jobless claims fell to 364,000, their lowest level since April
2008.
after U.S. weekly jobless claims fell to 364,000, their lowest level since April
2008.
Don’t Be Fooled Into Making a Costly Mistake
Good news from this side of "the pond" sent stocks sharply higher
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
Don’t Be Fooled Into Making a Costly Mistake
Good news from this side of "the pond" sent stocks sharply higher
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
Don’t Be Fooled Into Making a Costly Mistake
Good news from this side of "the pond" sent stocks sharply higher
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
Don’t Be Fooled Into Making a Costly Mistake
Good news from this side of "the pond" sent stocks sharply higher
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
Todays Gold Price price per ounce; Spot gold Price per gram; Silver Price Per Ounce; GoldCorp Harmony Gold MSN Money Stock Quotes
Trend-line tracking for precious metal gold and silver prices has revealed a
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
Buy Intel on a Pullback Below $23
Intel (NASDAQ: INTC ) The world's largest semiconductor chip maker has
traded in a flat band from about $20 to $24 for two years. That may be coming to
an end though, as the introduction of Ultrabooks and Windows 8 provides Intel
with new growth opportunities, according to Credit Suisse analysts. The company
should also benefit from big data/fast data trends. Earnings are estimated at
$2.45 this year and $2.65 in 2012. At under 10 times earnings, the stock is
targeted by analysts at $32-plus. Technically INTC broke from the two-year
consolidation in October with a price objective of $35. But a negative estimate
for Q4 due to supply issues dropped the stock from over $26 to just under $24.
Yesterday's earnings disappointment from Oracle (NASDAQ: ORCL ) may result in
a sell-off in the sector and an opportunity to buy Intel at under $23. Intel has
a dividend yield of 3.5% and a history of dividend increases. Click to Enlarge
traded in a flat band from about $20 to $24 for two years. That may be coming to
an end though, as the introduction of Ultrabooks and Windows 8 provides Intel
with new growth opportunities, according to Credit Suisse analysts. The company
should also benefit from big data/fast data trends. Earnings are estimated at
$2.45 this year and $2.65 in 2012. At under 10 times earnings, the stock is
targeted by analysts at $32-plus. Technically INTC broke from the two-year
consolidation in October with a price objective of $35. But a negative estimate
for Q4 due to supply issues dropped the stock from over $26 to just under $24.
Yesterday's earnings disappointment from Oracle (NASDAQ: ORCL ) may result in
a sell-off in the sector and an opportunity to buy Intel at under $23. Intel has
a dividend yield of 3.5% and a history of dividend increases. Click to Enlarge
Todays Gold Price price per ounce; Spot gold Price per gram; Silver Price Per Ounce; GoldCorp Harmony Gold MSN Money Stock Quotes
Trend-line tracking for precious metal gold and silver prices has revealed a
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
Todays Gold Price price per ounce; Spot gold Price per gram; Silver Price Per Ounce; GoldCorp Harmony Gold MSN Money Stock Quotes
Trend-line tracking for precious metal gold and silver prices has revealed a
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
Don’t Be Fooled Into Making a Costly Mistake
Good news from this side of "the pond" sent stocks sharply higher
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
yesterday. Before the opening it was announced that domestic home building
jumped to the highest level in almost two years, and that, along with a
successful Spanish debt auction, resulted in an explosive opening. Within
minutes, the Dow industrials had gained over 180 points, and that was just the
beginning as shorts rushed to cover. Banks that had been pummeled on Monday
mostly erased those losses with JPMorgan (NYSE: JPM ) up 5.1% and Bank of
America (NYSE: BAC ) rising 3.7%. And telecom stocks were active: AT&T (NYSE: T
) rose after withdrawing its bid to T-Mobile USA, and Sprint Nextel (NYSE: S )
was up 8.3% on the AT&T announcement. At Tuesday's close, the Dow Jones
Industrial Average was up 2.87%, the S&P 500 gained 2.98%, and the Nasdaq rose
3.19%. Volume fell to typical holiday levels with the NYSE trading 946 million
shares and the Nasdaq crossing 532 million. Breadth was positive with advancers
ahead by 7-to-1 on the Big Board and almost 5-to-1 on the Nasdaq. Click to
Enlarge Just when I thought that the Dow industrials and transports had provided
the final bit of evidence that the market was about to break lower, the market
turned sharply higher yesterday. Though humbling, reversals on light volume are
quite common, especially during a holiday period when volume is light and a few
heavy trading firms dominate the exchange floors. Yesterday's turn by the Dow
industrials surprised me with its violent reversal back up through its 50-day
and 200-day moving averages. This was the biggest one-day advance in several
months, and it almost turned the MACD slow line to a buy signal (note the
arching up of its red line). Click to Enlarge However, before we rush to the buy
side, consider that although the Dow Jones Transportation Index closed higher,
it failed to punch through its 200-day moving average. Until it closes above the
red line we are faced with a non-confirmation of the Dow indices. That
non-confirmation may not last long, especially if we get another day up, since
the red line of the MACD turned higher yesterday, failing by a fraction to
spring a buy signal. Click to Enlarge But before we get too carried away by a
one-day holiday trading pop, consider the weekly chart of the S&P 500. The
question: Is this the chart of a bear or bull market? Note the very significant
trendline from 1,220 in 2006 to the breakdown in 2008 at 1,298 and its
connection to the May 2011 high at 1,370. This line defines the major bear
market barrier. Currently the market is trading within a very narrow range of
about 1,125 to 1,275. Day-trading profits can be made on both sides of the
market within this range. (For help making fast profits, check out my colleague
John Jagerson .) But thinking that a one-day short-covering rally (yesterday one
major firm reported that over 30% of its client holdings had been on the short
side) has changed the overall trend could be a costly mistake. Todays Trading
Landscape To see a list of the companies reporting earnings today, click here .
For a list of this weeks economic reports due out, click here .
Todays Gold Price price per ounce; Spot gold Price per gram; Silver Price Per Ounce; GoldCorp Harmony Gold MSN Money Stock Quotes
Trend-line tracking for precious metal gold and silver prices has revealed a
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
negative slope on average over the last several weeks. One month change for both
gold and silver price trend-lines is negative overall and the negative close
values continue to accumulate. Both gold and silver contracts finished the last
session on the negative side of break-even once again. Gold price per ounce for
February delivery closed out the last session lower by .25 percent or negative
4.00 at 1613.60 per troy ounce. Silver contract for March delivery finished off
the last session lower by .97 percent or negative .29 at 29.25 per troy ounce.
Spot gold price per gram and kilo price trend-lines continued to track
negatively during the early portion of today. Spot gold price per gram was
posting red by .11 at 51.77 and spot gold price per kilo was tracking negatively
by 111.24 at 51767.20. GoldCorp and Harmony Gold posted weakened results last
session as well. According to MSN Money Stock Quotes, GG finished the last
session lower at 44.91 and HMY closed lower at 12.01. Gold price and gold stocks
are feeling the pressure in the current market environment. Camillo Zucari
Buy Intel on a Pullback Below $23
Intel (NASDAQ: INTC ) The world's largest semiconductor chip maker has
traded in a flat band from about $20 to $24 for two years. That may be coming to
an end though, as the introduction of Ultrabooks and Windows 8 provides Intel
with new growth opportunities, according to Credit Suisse analysts. The company
should also benefit from big data/fast data trends. Earnings are estimated at
$2.45 this year and $2.65 in 2012. At under 10 times earnings, the stock is
targeted by analysts at $32-plus. Technically INTC broke from the two-year
consolidation in October with a price objective of $35. But a negative estimate
for Q4 due to supply issues dropped the stock from over $26 to just under $24.
Yesterday's earnings disappointment from Oracle (NASDAQ: ORCL ) may result in
a sell-off in the sector and an opportunity to buy Intel at under $23. Intel has
a dividend yield of 3.5% and a history of dividend increases. Click to Enlarge
traded in a flat band from about $20 to $24 for two years. That may be coming to
an end though, as the introduction of Ultrabooks and Windows 8 provides Intel
with new growth opportunities, according to Credit Suisse analysts. The company
should also benefit from big data/fast data trends. Earnings are estimated at
$2.45 this year and $2.65 in 2012. At under 10 times earnings, the stock is
targeted by analysts at $32-plus. Technically INTC broke from the two-year
consolidation in October with a price objective of $35. But a negative estimate
for Q4 due to supply issues dropped the stock from over $26 to just under $24.
Yesterday's earnings disappointment from Oracle (NASDAQ: ORCL ) may result in
a sell-off in the sector and an opportunity to buy Intel at under $23. Intel has
a dividend yield of 3.5% and a history of dividend increases. Click to Enlarge
Gold & Silver Prices – Daily Outlook December 22
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver prices changed direction and moderately declined yesterday, even though other commodities prices such as crude oil prices rose on Wednesday. Currently, gold and silver prices are slightly rising. Today, the U.S. final Q3 GDP will be published, GB’s GDP of third quarter and U.S. Unemployment Claims. Here is a market outlook of precious metals prices for today, December 22nd: Gold and Silver Prices –December Update Gold price slightly slipped on Wednesday by 0.25% to $1,613.6; silver price also declined by 0.97% to $29.25. The chart below shows the downward trend of gold and silver prices during most of December (normalized gold and silver prices to November 30th 2011). During December gold price decreased by 7.8% and silver price by 10.8%. The ratio between gold and silver prices slightly declined on Wednesday, December 21st and reached 55.17. During the month the ratio gained 3.4% as gold price has outperformed silver price. The correlation between gold price and silver price is still high in December as it was in previous months. U.S Existing Home Sales Rose in November The U.S existing homes sales slightly rose in November by 4%; this news coincides with the recent sharp gains in the
IBM No Longer Overpriced – Buy Now
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace IBM (NYSE: IBM ) — "Big Blue" is the bluest of the blue-chip technology stocks. Its global capabilities in information technology, software, computer hardware and related financing make it a household name. It is a company that is in full maturity, so future growth is expected to result from strong trends in emerging markets and improved profitability in its more developed markets.
Top 10 Fastest-Growing Small Cap Stocks: MMYT, DANG, CTCT, P, BYD, ALLT, ZOLL, EZCH, LMNX, AWAY (Dec 21, 2011)
Below are the top 10 fastest-growing Small Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (DANG) is on the list. MakeMyTrip Limited (NASDAQ:MMYT) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 83.0%. This number is based on the average estimate of
4 brokerage analysts. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the
second fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 53.3%. This number is based on the average estimate
of 3 brokerage analysts. Constant Contact, Inc. (NASDAQ:CTCT) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.6%. This number is based on the average estimate of
5 brokerage analysts. Pandora Media Inc (NYSE:P) is the fourth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 40.0%. This number is based on the average estimate of 3 brokerage
analysts. Boyd Gaming Corporation (NYSE:BYD) is the fifth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
38.5%. This number is based on the average estimate of 4 brokerage analysts.
Allot Communications Ltd. (NASDAQ:ALLT) is the sixth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
38.0%. This number is based on the average estimate of 3 brokerage analysts.
ZOLL Medical Corporation (NASDAQ:ZOLL) is the seventh fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
37.1%. This number is based on the average estimate of 7 brokerage analysts.
EZchip Semiconductor Ltd. (NASDAQ:EZCH) is the eighth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
37.0%. This number is based on the average estimate of 3 brokerage analysts.
Luminex Corporation (NASDAQ:LMNX) is the ninth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 36.8%.
This number is based on the average estimate of 5 brokerage analysts. HomeAway,
Inc. (NASDAQ:AWAY) is the 10th fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 36.1%. This number is
based on the average estimate of 4 brokerage analysts.
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (DANG) is on the list. MakeMyTrip Limited (NASDAQ:MMYT) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 83.0%. This number is based on the average estimate of
4 brokerage analysts. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the
second fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 53.3%. This number is based on the average estimate
of 3 brokerage analysts. Constant Contact, Inc. (NASDAQ:CTCT) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.6%. This number is based on the average estimate of
5 brokerage analysts. Pandora Media Inc (NYSE:P) is the fourth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 40.0%. This number is based on the average estimate of 3 brokerage
analysts. Boyd Gaming Corporation (NYSE:BYD) is the fifth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
38.5%. This number is based on the average estimate of 4 brokerage analysts.
Allot Communications Ltd. (NASDAQ:ALLT) is the sixth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
38.0%. This number is based on the average estimate of 3 brokerage analysts.
ZOLL Medical Corporation (NASDAQ:ZOLL) is the seventh fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
37.1%. This number is based on the average estimate of 7 brokerage analysts.
EZchip Semiconductor Ltd. (NASDAQ:EZCH) is the eighth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
37.0%. This number is based on the average estimate of 3 brokerage analysts.
Luminex Corporation (NASDAQ:LMNX) is the ninth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 36.8%.
This number is based on the average estimate of 5 brokerage analysts. HomeAway,
Inc. (NASDAQ:AWAY) is the 10th fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 36.1%. This number is
based on the average estimate of 4 brokerage analysts.
When You Should Decide to Turn Bullish
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace A gradual afternoon advance managed to offset early losses that resulted from a decline in European bourses due to an excessive need for capital. But the afternoon advance was held in check by weakness in the technology sector, which was down 2%. However, even a mixed close was greeted with optimism by traders who pointed out that the slight gain in the Dow industrials, following a huge advance on Monday, puts the blue-chip index in positive territory for the week, month and year. The technology sector dragged down the Nasdaq, but it was the only sector in the S&P 500 to close at a loss. The Dow Jones Industrial Average rose 4 points to 12,108, up 0.03%, the S&P 500 gained 2 points to close at 1,244, up 0.19%, and the Nasdaq fell 26 points to 2,578, off 0.99%. The NYSE traded 823 million shares and the Nasdaq crossed 500 million. Advancers were ahead of decliners on the Big Board by 1.6-to-1, and even on the Nasdaq.
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