Gold and silver price market review today: Gold and silver ended the trading
session in the green. Investors were worried that the better than expected U.S.
economic data this week would push the price of the safe havens lower as the
week culminated. According to floor and electronic price analysis as of last
session close, gold and silver price trend-line movement last session was
positive. Both gold and silver contracts closed out the final session of the
week on the positive side of break-even. Gold price per ounce and Silver price
per ounce Close Review: Gold contract for February delivery finished higher last
session by .57 percent and posted a floor price of 1664 per troy ounce.
Electronic price close for gold contract was higher by .18 percent at 1667 per
troy ounce. Silver contract for March delivery closed the last session higher by
3.82 percent at 31.68 per troy ounce. Electronic price close for Silver contract
was green by 1.58 percent at 32.18 per troy ounce. Spot Silver price per ounce
and spot gold price per gram: After last session close, spot gold and spot
silver price trend-lines moved positively. Spot gold price per gram was posting
higher by .37 at 53.56 and spot silver price per ounce was posting higher by
1.62 at 32.13. Camillo Zucari
Friday, January 20, 2012
Zynga Gets Serious About Mobile Games
Zynga (NASDAQ: ZNGA ), the largest developer of games for Facebook, has had a
rough ride since its IPO last December, something it hopes the acquisition of
four mobile video game companies will help address. The purchases, which took
place from August through December 2011, were confirmed on Jan. 18 by Zynga's
chief mobile officer, David Ko. Zynga now owns San Francisco-based Page 44
Studios and HipLogic, New York-based Astro Ape Studios and Game Doctors , a
German company. Fans of Facebook have been playing wildly popular Zynga games
such as FarmVille , Words with Friends and Mafia Wars since 2007, and the
companys games consistently attract more players than those of any other
developer for the platform. Facebook analytics firm AppData reports that Zynga
applications draw an average of almost 222.5 million users per month, crushing
the next-largest developer at under 68 million monthly users. However, despite
having 66 games in release for Facebook, Zynga has been less successful in
translating casual games played on social media sites to paid apps for mobile
devices. Many of its most popular titles have been ported to mobile gaming
platforms but theyre free, relying for revenue on in-app purchases of Zynga
virtual currency and game credits. Three of the four companies Zynga picked up
have developed successful game apps sold through Apple s (NASDAQ: AAPL ) App
Store and the Android Market, including hit premium titles such as the
award-winning World of Goo , which has sold over a million copies, and Game
Doctors' ZombieSmash
rough ride since its IPO last December, something it hopes the acquisition of
four mobile video game companies will help address. The purchases, which took
place from August through December 2011, were confirmed on Jan. 18 by Zynga's
chief mobile officer, David Ko. Zynga now owns San Francisco-based Page 44
Studios and HipLogic, New York-based Astro Ape Studios and Game Doctors , a
German company. Fans of Facebook have been playing wildly popular Zynga games
such as FarmVille , Words with Friends and Mafia Wars since 2007, and the
companys games consistently attract more players than those of any other
developer for the platform. Facebook analytics firm AppData reports that Zynga
applications draw an average of almost 222.5 million users per month, crushing
the next-largest developer at under 68 million monthly users. However, despite
having 66 games in release for Facebook, Zynga has been less successful in
translating casual games played on social media sites to paid apps for mobile
devices. Many of its most popular titles have been ported to mobile gaming
platforms but theyre free, relying for revenue on in-app purchases of Zynga
virtual currency and game credits. Three of the four companies Zynga picked up
have developed successful game apps sold through Apple s (NASDAQ: AAPL ) App
Store and the Android Market, including hit premium titles such as the
award-winning World of Goo , which has sold over a million copies, and Game
Doctors' ZombieSmash
Top 10 Retail Stocks with Highest Upside: SPCHA, LAS, GAIA, CBK, ZLC, GOLF, VVTV, FLWS, MCOX, CMRG (Jan 20, 2012)
Below are the top 10 Retail stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
Two Chinese companies (LAS, MCOX) are on the list. Sport Chalet, Inc.
(NASDAQ:SPCHA) has the 1st highest upside potential in this segment of the
market. Its upside is 242.9%. Its consensus target price is $6.00 based on the
average of all estimates. Lentuo International Inc (ADR) (NYSE:LAS) has the 2nd
highest upside potential in this segment of the market. Its upside is 201.5%.
Its consensus target price is $8.89 based on the average of all estimates.
Gaiam, Inc. (NASDAQ:GAIA) has the 3rd highest upside potential in this segment
of the market. Its upside is 142.0%. Its consensus target price is $8.69 based
on the average of all estimates. Christopher & Banks Corporation (NYSE:CBK) has
the 4th highest upside potential in this segment of the market. Its upside is
138.1%. Its consensus target price is $4.83 based on the average of all
estimates. Zale Corporation (NYSE:ZLC) has the 5th highest upside potential in
this segment of the market. Its upside is 131.2%. Its consensus target price is
$6.75 based on the average of all estimates. Golfsmith International Holdings,
Inc. (NASDAQ:GOLF) has the 6th highest upside potential in this segment of the
market. Its upside is 120.6%. Its consensus target price is $7.50 based on the
average of all estimates. ValueVision Media, Inc. (NASDAQ:VVTV) has the 7th
highest upside potential in this segment of the market. Its upside is 108.3%.
Its consensus target price is $3.33 based on the average of all estimates.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has the 8th highest upside potential in
this segment of the market. Its upside is 91.6%. Its consensus target price is
$5.00 based on the average of all estimates. Mecox Lane Limited ADR
(NASDAQ:MCOX) has the 9th highest upside potential in this segment of the
market. Its upside is 88.2%. Its consensus target price is $2.33 based on the
average of all estimates. Casual Male Retail Group, Inc. (NASDAQ:CMRG) has the
10th highest upside potential in this segment of the market. Its upside is
80.2%. Its consensus target price is $6.00 based on the average of all
estimates.
difference between current price and Wall Street analysts average target price.
Two Chinese companies (LAS, MCOX) are on the list. Sport Chalet, Inc.
(NASDAQ:SPCHA) has the 1st highest upside potential in this segment of the
market. Its upside is 242.9%. Its consensus target price is $6.00 based on the
average of all estimates. Lentuo International Inc (ADR) (NYSE:LAS) has the 2nd
highest upside potential in this segment of the market. Its upside is 201.5%.
Its consensus target price is $8.89 based on the average of all estimates.
Gaiam, Inc. (NASDAQ:GAIA) has the 3rd highest upside potential in this segment
of the market. Its upside is 142.0%. Its consensus target price is $8.69 based
on the average of all estimates. Christopher & Banks Corporation (NYSE:CBK) has
the 4th highest upside potential in this segment of the market. Its upside is
138.1%. Its consensus target price is $4.83 based on the average of all
estimates. Zale Corporation (NYSE:ZLC) has the 5th highest upside potential in
this segment of the market. Its upside is 131.2%. Its consensus target price is
$6.75 based on the average of all estimates. Golfsmith International Holdings,
Inc. (NASDAQ:GOLF) has the 6th highest upside potential in this segment of the
market. Its upside is 120.6%. Its consensus target price is $7.50 based on the
average of all estimates. ValueVision Media, Inc. (NASDAQ:VVTV) has the 7th
highest upside potential in this segment of the market. Its upside is 108.3%.
Its consensus target price is $3.33 based on the average of all estimates.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has the 8th highest upside potential in
this segment of the market. Its upside is 91.6%. Its consensus target price is
$5.00 based on the average of all estimates. Mecox Lane Limited ADR
(NASDAQ:MCOX) has the 9th highest upside potential in this segment of the
market. Its upside is 88.2%. Its consensus target price is $2.33 based on the
average of all estimates. Casual Male Retail Group, Inc. (NASDAQ:CMRG) has the
10th highest upside potential in this segment of the market. Its upside is
80.2%. Its consensus target price is $6.00 based on the average of all
estimates.
SuperValu’s Earnings Message: Stay Away from Grocers!
I have never been big on grocery stocks. They carry way too much debt, they
have thin margins, and they are under increasing attacks from competitors .
SuperValu s (NYSE: SVU ) recent earnings report demonstrates all the reasons why
grocery stocks are losers. The question you should ask is, Then should I buy the
competitors? The answer lies in the comparisons I'm about to make. Depending
on what part of the country you live in, SuperValu operates under the Acme,
Albertsons, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Shaw's,
Shop 'n Save, Shoppers Food & Pharmacy or Star Market banners. During the past
four years, the company has lost more than $2.5 billion. Whereas FY 2008 brought
in $44.5 billion in revenue, FY 2011 looks closer to $36 billion. Because the
company is losing money at the operations level, that means the half-billion
dollars in annual debt service is just barely covered by its cash flow after
backing out depreciation. With only a couple hundred million of cash on hand, it
cant afford to make any mistakes. People point to the generous 5% yield, but I
dont believe that is sustainable. Earnings will be flat for 2012 with only 6%
annualized growth expected for the long term. Now, compare that to whats going
on with two important competitors. The first is a company I love Whole Foods
Market (NASDAQ: WFM ). The Buy Organic propaganda machine has so effectively
taken hold of the American imagination that it has propelled Whole Foods into
the stratosphere, and its now the big brand name of that sector. While regular
grocers struggle to make money at all, Whole Foods has operating margins twice
the size, and net margins almost three times larger. While the grocers carry
billions of dollars in debt, Whole Foods has only $17 million of it, and over
$840 million in cash. Why? Because grocers are trying to be all things to all
people. Whole Foods has chosen to own a niche, where it can be most things to
most people while also relying on a massive marketing machine that is obviously
far more effective. In other words, why buy the horse and buggy of a standard
grocer when you can buy the race car that is Whole Foods? This brings us to yet
another problem for the grocers the dollar stores . Hoo, boy! It took a long
time, but those companies finally realized that the way to consumers hearts was
to offer them more food and beverage choices, particularly in a bad economy.
This new focus has propelled the dollar chains across the board. Ninety-Nine
Cent Stores just got bought out by a private investment consortium. Hedge fund
genius Bill Ackman has purchased a massive stake in Family Dollar (NYSE: FDO ),
and my personal favorite, Dollar Tree (NASDAQ: DLTR ), is at an all-time high.
And this is all coming at traditional grocers expense and that includes
SuperValu. If you dont believe me, just look again at SVUs earnings report and
try not to gag. As of this writing, Lawrence Meyers did not hold a position in
any of the aforementioned stocks.
have thin margins, and they are under increasing attacks from competitors .
SuperValu s (NYSE: SVU ) recent earnings report demonstrates all the reasons why
grocery stocks are losers. The question you should ask is, Then should I buy the
competitors? The answer lies in the comparisons I'm about to make. Depending
on what part of the country you live in, SuperValu operates under the Acme,
Albertsons, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Shaw's,
Shop 'n Save, Shoppers Food & Pharmacy or Star Market banners. During the past
four years, the company has lost more than $2.5 billion. Whereas FY 2008 brought
in $44.5 billion in revenue, FY 2011 looks closer to $36 billion. Because the
company is losing money at the operations level, that means the half-billion
dollars in annual debt service is just barely covered by its cash flow after
backing out depreciation. With only a couple hundred million of cash on hand, it
cant afford to make any mistakes. People point to the generous 5% yield, but I
dont believe that is sustainable. Earnings will be flat for 2012 with only 6%
annualized growth expected for the long term. Now, compare that to whats going
on with two important competitors. The first is a company I love Whole Foods
Market (NASDAQ: WFM ). The Buy Organic propaganda machine has so effectively
taken hold of the American imagination that it has propelled Whole Foods into
the stratosphere, and its now the big brand name of that sector. While regular
grocers struggle to make money at all, Whole Foods has operating margins twice
the size, and net margins almost three times larger. While the grocers carry
billions of dollars in debt, Whole Foods has only $17 million of it, and over
$840 million in cash. Why? Because grocers are trying to be all things to all
people. Whole Foods has chosen to own a niche, where it can be most things to
most people while also relying on a massive marketing machine that is obviously
far more effective. In other words, why buy the horse and buggy of a standard
grocer when you can buy the race car that is Whole Foods? This brings us to yet
another problem for the grocers the dollar stores . Hoo, boy! It took a long
time, but those companies finally realized that the way to consumers hearts was
to offer them more food and beverage choices, particularly in a bad economy.
This new focus has propelled the dollar chains across the board. Ninety-Nine
Cent Stores just got bought out by a private investment consortium. Hedge fund
genius Bill Ackman has purchased a massive stake in Family Dollar (NYSE: FDO ),
and my personal favorite, Dollar Tree (NASDAQ: DLTR ), is at an all-time high.
And this is all coming at traditional grocers expense and that includes
SuperValu. If you dont believe me, just look again at SVUs earnings report and
try not to gag. As of this writing, Lawrence Meyers did not hold a position in
any of the aforementioned stocks.
Iran’s War on Barbie Dolls
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace What about Ken? CNBC.com reports that Iranian police have been confiscating Mattel ‘s (NASDAQ: MAT ) Barbie dolls from toy stores in Tehran — and shutting the stores down — as part of a recent Islamist crackdown on Western cultural influences. Barbie dolls have been banned in Iran since the mid-1990s, but interest in them — along with all things Western — doesn’t seem to have dampened in the years since, especially among young people. Meanwhile, Iran’s official state TV airs several Western and Hollywood films every week. More on this story at CNBC.com .
Morgan Stanley & BAC: I Still Say “Stay Away”
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace At first blush, it looked as if Morgan Stanley (NYSE: MS ) and Bank of America (NYSE: BAC ), two stocks I called “Duds” on Wednesday , had proved me wrong. Both stocks were up more than 4% on their earnings announcements yesterday morning, and some analysts predicted that their operating results are good news for the entire financial sector. Not so fast, I say. Bank of America is the big story — way up thanks to surprising profits of nearly $1.6 billion. That is a surprise when you consider that a year ago, BAC’s quarterly loss was roughly that amount. But look behind the numbers, and the story becomes less upbeat. For starters, there’s trouble at the heart of BAC’s business. While some costs were cut and credit reserves for bad loans declined, the investment bank unit’s numbers were u-g-l-y. Trading plunged 73% from the prior year, and investment banking fees fell 34%. Making up for these shortfalls were big asset sales — the kind of one-time events that may make this quarter look good but can’t be repeated. Among these one-time items were a $2.9 billion gain from the sale of China Construction Bank shares, a $1.2 billion gain from a massive exchange of debt and a smaller gain from the sale of some Canadian credit-card operations. To see what’s really going on at a company like BAC, I look at metrics that aren’t obscured by big one-time events. On my scorecard, Bank of America gets a failing grade on Sales Growth, Return on Equity and Cash Flow. Plus, the last few weeks of buying pressure on the stock isn’t anything to write home about, so it’s very unlikely that today’s move will be sustainable. My analysis says that the rot runs deep at Bank of America and needs a lot more time to be worked out. Steer clear. Now let’s look at Morgan Stanley. Despite yesterday’s pop in the shares, the picture here is also not good. Revenue is down 26%, institutional-securities division revenues are down 42%, and profits…well, there were no profits. MS lost $227 million for the quarter. Now, a big chunk of this loss was related to settling a long-running legal clash over bond insurer MBIA. And the loss is smaller than what analysts were expecting. Still, the signs of weakness in Morgan’s core operations are clear and cannot be ignored. My stock-grading system gives Morgan a “D” on the critical factor of Return on Equity. More importantly, MS gets an “F” on my quantitative metric. One quarter of results that are not as bad as we thought doesn’t outweigh those facts, so I won’t be buying any MS shares anytime soon, and neither should you.
The Gold Price Utterly Blasted my Expectations Today, Closing Up 2 Percent for the Week at $1,663.70
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1,663.70 Gold Price Close 13-Jan : 1,630.60 Change : 33.10 or 2.0% Silver Price Close Today : 3164.7 Silver Price Close 13-Jan : 2949.3 Change : 215.40 or 7.3% Gold Silver Ratio Today : 52.571 Gold Silver Ratio 13-Jan : 55.288 Change : -2.72 or -4.9% Silver Gold Ratio : 0.01902 Silver Gold Ratio 13-Jan : 0.01809 Change : 0.00093 or 5.2% Dow in Gold Dollars : $ 158.05 Dow in Gold Dollars 13-Jan : $ 157.48 Change : $ 0.57 or 0.4% Dow in Gold Ounces : 7.646 Dow in Gold Ounces 13-Jan : 7.618 Change : 0.03 or 0.4% Dow in Silver Ounces : 401.95 Dow in Silver Ounces 13-Jan : 421.19 Change : -19.24 or -4.6% Dow Industrial : 12,720.48 Dow Industrial 13-Jan : 12,422.21 Change : 298.27 or 2.4% S&P 500 : 1,315.38 S&P 500 13-Jan : 1,289.10 Change : 26.28 or 2.0% US Dollar Index : 80.155 US Dollar Index 13-Jan : 81.531 Change : -1.376 or -1.7% Platinum Price Close Today : 1,530.50 Platinum Price Close 13-Jan : 1,485.80 Change : 44.70 or 3.0% Palladium Price Close Today : 673.85 Palladium Price Close 13-Jan : 636.70 Change : 37.15 or 5.8% The GOLD PRICE and SILVER PRICE utterly blasted my expectations today, and crushed underfoot any suspicion of a key reversal from yesterday. Yet here, too, lurk two different stories, subtle, but not quite agreeing. Let’s take the SILVER PRICE first. It vaulted 116.5c (3.8%) today to close Comex at 3164.7c. It brushed that 3060c resistance aside like the Terminator flinging cops right and left, and climbed straight up. Never sank lower than 3029c today, and at its apogee reached 3191c. Notice, too, that it closed near the top of that range. Internally more was going on than just that. SILVER jumped over the hurdle of its 50 DMA (3103c) and o’erleapt and internal resistance line. Let’s just say silver’s shirt is full of starch. Gives me a headache to think about it, looking at the weekly chart: have I missed the low in silver? Wait, wait, there’s also such a thing as a false breakout, and toward the end of metals’ rallies silver always tends to outrun gold. Either way, Silver’s next stubborn resistance hangs in the sky overhead at 3400c. It could make that leap next week. However, if Monday comes a cropper and silver loses 200c or so, you’ll know it was a false breakout. Otherwise, buy it at the market. But listen as the GOLD PRICE speaks out of both sides of its mouth. It closed today up $9.60, higher than yesterday, at $1,663.7, new high close for the move, but did not today post a new intraday high. High reached only $1,666. Why didn’t gold punch through $1,670 when silver was so manic? I don’t know. Maybe it means nothing, maybe it only means that resistance there is very strong and gold will play catch-up next week, maybe the NGM take offense and react when gold reaches $1,670. But look here: if gold pierces that $1,680 next week, and then works through $1,705, stop waiting and buy. The bottom has passed, a new rally has started. Dear friends, listen and ponder: the GOLD and SILVER bull market is yet young. The public has not yet climbed aboard, and only a few investment professionals. What we have seen so far is pasty, bland cottage cheese compared to what is coming. Don’t be caught standing around trying to make your mind up, only to watch silver and gold run away. Within the markets are planted automatic circuit breakers, set to explode Humility Bombs whenever you begin to believe that you have things figured out. I stepped on those mines today. What a week! SILVER gained — look! — 7.3%, while GOLD moved up only 2%. Dow gained more than gold, 2.4%, platinum augmented 3% (a word for you engineers out there), and palladium added 5.8%. Dollar index dropped 1.7%, and probably broke its rally’s back. I love kids, but mine were always easy to catch whenever they were doing something wrong. If I got one alone and asked him what he had been doing, he said one thing. When another said something else, I knew I wasn’t getting the story whole. It’s the same way with markets. When markets that SHOULD confirm don’t, some monkey business is afoot behind the scenes. So today I ask myself, how could the Dow rise 96.5 points (0.76%) while the broader S&P500 rose only 0.88 (0.07%)? And when the Dow rose 3/4%, why did the Nasdaq and Nasdaq-100 DROP? Somebody’s story doesn’t match here, and when that happens with markets, the larceny of Nice Government Men pops instantly to mind. I don’t want to become one of those imagination-challenged boors who blames everything on government intervention, but that doesn’t mean they don’t intervene. And we KNOW they have a special group, the President’s Working Group on Markets, set up in the Reagan reign to manipulate the stock market. I suspect they treat the Dow, the most widely watched stock index, as a kind of Potemkin village for the economy, a number they try to keep perky so we mushrooms will feel good and not panic. Anyhow, the Dow (if not the S&P500 or Nasdaq), has penetrated overhead resistance. If the move is real, then stocks ought to advance smartly, not dragging feet. We’ll see. None of this, lest you conclude otherwise, changes my long term view of stocks, which are locked in a bear market (primary downtrend). If it’s a rally, this, too, shall pass, and more diving shall follow. Dow today ended at 12,720.48, up 96.50 or 0.76%. S&P 500 closed 1,315.38, up 0.88 (0.07%). I bet y’all wonder why I waste good electrons talking about the scrofulous US dollar index and scabby euro and scurvy yen. Easy: they are the chief competitors to silver and gold. Their course offers guidance where the metals are headed, and chronicles the metals’ ongoing war of annihilation against all the phony fiat currencies in the world. Dollar ended the day down only 6.1 basis points (0.08%) at 80.155, thus capping a week of disaster. Dollar index smashed through its uptrend line today. That does not guarantee twill proceed lower, as it did the same for several days early this month and again in December, but whenever a market breaks a trend line or resistance, the presumption states it will continue in that direction. Anyway, think about the backdrop. The world’s states are engaged in a very polite war of competitive devaluation, trying to build their own economies at their neighbor’s expense. Everyone smiles and bows and says they’re working together, but back in the office they are figuring out how to lower their currency’s value. Truth is, neither the Bernancubus nor the White House Toad want an appreciating dollar. Worse, they’ve had a fight on their hands as scared money poured out of the euro all summer, headed for refuge in US treasuries and driving up the dollar. For what technical analysis is worth under these manipulated circumstances, today the dollar index fell through both its uptrend line AND the 20 day moving average (80.51). That targets a fall at least to the 50 DMA (79.39), although some support lingers around 79.70 – 79.85. Euro today closed lower as traders took profits out of their week, 1.2931, down 0.23%. Yen changed nothing, up 0.11% at 129.83c/Y100 (Y77.03/US$1). Also, I have learned that altogether y’all know almost everything in the world, so I have a question. Anybody know where I can find a slightly used 10 – 20 kilowatt PROPANE generator, a good brand like Kohler? Drop me an email if you do, please. Again I must confess, I just don’t get it. I heard a lady from South Carolina on National Proletarian Radio (voice of Socialism Worldwide). They are voting in the meaningless Republican primary for president this weekend, you know, the one with the Invisible Candidate (R*n P**l). This lady lives in a county with 12% unemployed, and she said they needed to elect somebody who could help them. I gasped for air. Doesn’t she understand that the government is the REASON we suffer economic turmoil and instability? Rotten money? With all due respect, when did anybody from any government ever help anybody? Of the three greatest lies in the world, the first on the list is, “Hi! I’m from the government, and I’m here to help you.” All government money comes with a sock in the jaw. All government help comes with ropes, chains, and shackles. I don’t get it. Why can I see this, and somebody from South Carolina (of all places!) not see it? When are folks going to wake up grasp that the government cavalry is NOT coming, and you don’t want ‘em to? If anybody is going to help us, it will have to be US, and we have to start by re-building our own local economies, working to restore our neighbor’s prosperity as well as our own, building on a sound foundation of clean local food grown by local people. That’s just for starters. I just don’t get it. We’re standing on acres of diamonds, and people still want to call in the government to screw everything up even more than they already have. Y’all enjoy your weekend! Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012, 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.
Study: Gen Y Drivers Steer Toward Hybrids
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Kids today, they've lost respect for a staple of American transportation: the gasoline-powered automobile. About 60% of Millennials – 20-somethings otherwise known as Gen Y – say they'd rather drive a hybrid gas-electric car than a traditional gas vehicle, according to Deloitte, which surveyed 1,500 Millennials, Gen X, and baby boomer car buyers. The survey, USA Today noted , also included 250 Millennials in China and 300 in Western Europe. We'll see how this actually plays out in the market, of course, but automakers likely will be encouraged by the findings, since most car companies have been trying to generate interest in their lineups of fuel-efficient cars. Toyota (NYSE: TM ) has a number of hybrids, including the Prius; Nissan (PINK: NSANY ) has the Altima; Ford (NYSE: F ) the Escape and the C-Max; GM (NYSE: GM ) a number of hybrid trucks and SUVs; and Honda (NYSE: HMC ) its Civic and Insight hybrids. The list goes on. All-electric vehicles, by the way, fared less well in the survey, attracting favorable responses from only 2% of those surveyed.
Top-Performing U.S.-Listed Chinese Stocks (Jan 20, 2012)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the best-performing U.S.-listed Chinese stock on Jan. 20. It was up 18.8% on the day. ASIA's upside potential is 43.7% based on brokerage analysts' average target price of $16.93. It is trading at 51.4% of its 52-week high of $22.91, and 89.7% above its 52-week low of $6.21. Noah Holdings Limited (ADR) (NYSE:NOAH) is the second best-performing U.S.-listed Chinese stock on Jan. 20. It was up 11.8% on the day. NOAH's upside potential is 205.4% based on brokerage analysts' average target price of $19.92. It is trading at 35.1% of its 52-week high of $18.58, and 13.8% above its 52-week low of $5.73. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the third best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.6% on the day. TUDO's upside potential is 82.7% based on brokerage analysts' average target price of $23.57. It is trading at 46.2% of its 52-week high of $27.91, and 35.8% above its 52-week low of $9.50. NetEase.com Inc (ADR) (NASDAQ:NTES) is the fourth best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.4% on the day. NTES's upside potential is 20.7% based on brokerage analysts' average target price of $58.16. It is trading at 87.6% of its 52-week high of $55.00, and 34.8% above its 52-week low of $35.74. China Kanghui Holdings (ADR) (NYSE:KH) is the fifth best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.1% on the day. KH's upside potential is 43.4% based on brokerage analysts' average target price of $23.65. It is trading at 62.3% of its 52-week high of $26.50, and 27.7% above its 52-week low of $12.92. SINA Corporation (USA) (NASDAQ:SINA) is the sixth best-performing U.S.-listed Chinese stock on Jan. 20. It was up 4.8% on the day. SINA's upside potential is 55.6% based on brokerage analysts' average target price of $101.09. It is trading at 44.2% of its 52-week high of $147.12, and 38.6% above its 52-week low of $46.86. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the seventh best-performing U.S.-listed Chinese stock on Jan. 20. It was up 4.1% on the day. DANG's upside potential is 4.9% based on brokerage analysts' average target price of $7.91. It is trading at 23.9% of its 52-week high of $31.58, and 83.5% above its 52-week low of $4.11. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the eighth best-performing U.S.-listed Chinese stock on Jan. 20. It was up 3.6% on the day. SPRD's upside potential is 73.2% based on brokerage analysts' average target price of $28.88. It is trading at 55.6% of its 52-week high of $29.98, and 94.1% above its 52-week low of $8.59. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the ninth best-performing U.S.-listed Chinese stock on Jan. 20. It was up 3.2% on the day. QIHU's upside potential is 91.8% based on brokerage analysts' average target price of $33.57. It is trading at 48.3% of its 52-week high of $36.21, and 27.6% above its 52-week low of $13.71. Rda Microelectronics Inc (ADR) (NASDAQ:RDA) is the 10th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.8% on the day. RDA's upside potential is 42.9% based on brokerage analysts' average target price of $15.67. It is trading at 71.0% of its 52-week high of $15.43, and 55.2% above its 52-week low of $7.06. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 11th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.4% on the day. CTRP's upside potential is 38.0% based on brokerage analysts' average target price of $38.04. It is trading at 54.5% of its 52-week high of $50.57, and 25.2% above its 52-week low of $22.02. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the 12th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.2% on the day. CYOU's upside potential is 75.4% based on brokerage analysts' average target price of $41.65. It is trading at 45.7% of its 52-week high of $52.00, and 14.6% above its 52-week low of $20.71. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the 13th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.0% on the day. HSFT's upside potential is 52.8% based on brokerage analysts' average target price of $17.31. It is trading at 33.3% of its 52-week high of $34.00, and 41.3% above its 52-week low of $8.02. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 14th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.8% on the day. JOBS's upside potential is 43.3% based on brokerage analysts' average target price of $64.50. It is trading at 64.5% of its 52-week high of $69.80, and 22.9% above its 52-week low of $36.62. Giant Interactive Group Inc (ADR) (NYSE:GA) is the 15th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.8% on the day. GA's upside potential is 65.5% based on brokerage analysts' average target price of $6.62. It is trading at 42.3% of its 52-week high of $9.45, and 32.5% above its 52-week low of $3.02. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 16th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.7% on the day. EDU's upside potential is 51.2% based on brokerage analysts' average target price of $35.19. It is trading at 66.9% of its 52-week high of $34.77, and 12.9% above its 52-week low of $20.61. Renren Inc (NYSE:RENN) is the 17th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.7% on the day. RENN's upside potential is 63.6% based on brokerage analysts' average target price of $7.02. It is trading at 17.9% of its 52-week high of $24.00, and 33.6% above its 52-week low of $3.21. Semiconductor Manufacturing Int'l (ADR) (NYSE:SMI) is the 18th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.6% on the day. SMI's upside potential is -1.1% based on brokerage analysts' average target price of $2.49. It is trading at 43.6% of its 52-week high of $5.78, and 18.9% above its 52-week low of $2.12. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 19th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.4% on the day. AMBO's upside potential is 46.4% based on brokerage analysts' average target price of $10.47. It is trading at 59.8% of its 52-week high of $11.96, and 56.8% above its 52-week low of $4.56. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 20th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.3% on the day. WX's upside potential is 36.7% based on brokerage analysts' average target price of $18.03. It is trading at 69.1% of its 52-week high of $19.10, and 23.8% above its 52-week low of $10.65.
Expect Techs to Pause, Then Push Ahead
Click to Enlarge Technology stocks as measured by the Select Sector Technology
SPDR (NYSE: XLK ) are at a major resistance point and flirting with a breakout
above a five-year resistance line. The XLK exchange-traded fund has rallied
almost 100% off the early 2009 bottom and 8.2% since the Dec. 20 lows. That now
brings the XLK right to the top of the multi-year downtrend resistance and 2011
resistance line, currently at $26.70. Click to Enlarge Given how far stocks have
rallied during the past month, it is likely equities will take a little breather
here before ultimately heading somewhat higher and leading to a truer breakout
in the XLK. Last nights earnings announcements out of Microsoft (NASDAQ: MSFT ),
Intel (NASDAQ: INTC ), Google (NASDAQ: GOOG ) and others have the technology
sector trading mixed today and stalling somewhat. Should the broader market
along with technology enjoy a little breather in coming days/weeks, we would be
wise to watch the price action closely. A healthy correction should then
eventually lead to a breakout in the XLK a major tell worth taking note of for
large-cap technology stocks.
SPDR (NYSE: XLK ) are at a major resistance point and flirting with a breakout
above a five-year resistance line. The XLK exchange-traded fund has rallied
almost 100% off the early 2009 bottom and 8.2% since the Dec. 20 lows. That now
brings the XLK right to the top of the multi-year downtrend resistance and 2011
resistance line, currently at $26.70. Click to Enlarge Given how far stocks have
rallied during the past month, it is likely equities will take a little breather
here before ultimately heading somewhat higher and leading to a truer breakout
in the XLK. Last nights earnings announcements out of Microsoft (NASDAQ: MSFT ),
Intel (NASDAQ: INTC ), Google (NASDAQ: GOOG ) and others have the technology
sector trading mixed today and stalling somewhat. Should the broader market
along with technology enjoy a little breather in coming days/weeks, we would be
wise to watch the price action closely. A healthy correction should then
eventually lead to a breakout in the XLK a major tell worth taking note of for
large-cap technology stocks.
Top 10 Leisure Products Stocks with Highest Upside: THQI, COOL, GLUU, KID, DRJ, CYOU, SFLY, EA, ELY, JAKK (Jan 20, 2012)
Below are the top 10 Leisure Products stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. One Chinese company (CYOU) is on the list. THQ Inc. (NASDAQ:THQI)
has the 1st highest upside potential in this segment of the market. Its upside
is 242.1%. Its consensus target price is $2.36 based on the average of all
estimates. Majesco Entertainment Co. (NASDAQ:COOL) has the 2nd highest upside
potential in this segment of the market. Its upside is 116.9%. Its consensus
target price is $4.75 based on the average of all estimates. Glu Mobile Inc.
(NASDAQ:GLUU) has the 3rd highest upside potential in this segment of the
market. Its upside is 106.2%. Its consensus target price is $6.00 based on the
average of all estimates. Kid Brands Inc (NYSE:KID) has the 4th highest upside
potential in this segment of the market. Its upside is 105.9%. Its consensus
target price is $7.00 based on the average of all estimates. Dreams, Inc.
(AMEX:DRJ) has the 5th highest upside potential in this segment of the market.
Its upside is 79.7%. Its consensus target price is $4.19 based on the average of
all estimates. Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 6th highest
upside potential in this segment of the market. Its upside is 79.2%. Its
consensus target price is $41.65 based on the average of all estimates.
Shutterfly, Inc. (NASDAQ:SFLY) has the 7th highest upside potential in this
segment of the market. Its upside is 59.2%. Its consensus target price is $38.60
based on the average of all estimates. Electronic Arts Inc. (NASDAQ:EA) has the
8th highest upside potential in this segment of the market. Its upside is 45.1%.
Its consensus target price is $25.45 based on the average of all estimates.
Callaway Golf Company (NYSE:ELY) has the 9th highest upside potential in this
segment of the market. Its upside is 39.3%. Its consensus target price is $8.50
based on the average of all estimates. JAKKS Pacific, Inc. (NASDAQ:JAKK) has the
10th highest upside potential in this segment of the market. Its upside is
38.2%. Its consensus target price is $18.50 based on the average of all
estimates.
based on the difference between current price and Wall Street analysts average
target price. One Chinese company (CYOU) is on the list. THQ Inc. (NASDAQ:THQI)
has the 1st highest upside potential in this segment of the market. Its upside
is 242.1%. Its consensus target price is $2.36 based on the average of all
estimates. Majesco Entertainment Co. (NASDAQ:COOL) has the 2nd highest upside
potential in this segment of the market. Its upside is 116.9%. Its consensus
target price is $4.75 based on the average of all estimates. Glu Mobile Inc.
(NASDAQ:GLUU) has the 3rd highest upside potential in this segment of the
market. Its upside is 106.2%. Its consensus target price is $6.00 based on the
average of all estimates. Kid Brands Inc (NYSE:KID) has the 4th highest upside
potential in this segment of the market. Its upside is 105.9%. Its consensus
target price is $7.00 based on the average of all estimates. Dreams, Inc.
(AMEX:DRJ) has the 5th highest upside potential in this segment of the market.
Its upside is 79.7%. Its consensus target price is $4.19 based on the average of
all estimates. Changyou.com Limited(ADR) (NASDAQ:CYOU) has the 6th highest
upside potential in this segment of the market. Its upside is 79.2%. Its
consensus target price is $41.65 based on the average of all estimates.
Shutterfly, Inc. (NASDAQ:SFLY) has the 7th highest upside potential in this
segment of the market. Its upside is 59.2%. Its consensus target price is $38.60
based on the average of all estimates. Electronic Arts Inc. (NASDAQ:EA) has the
8th highest upside potential in this segment of the market. Its upside is 45.1%.
Its consensus target price is $25.45 based on the average of all estimates.
Callaway Golf Company (NYSE:ELY) has the 9th highest upside potential in this
segment of the market. Its upside is 39.3%. Its consensus target price is $8.50
based on the average of all estimates. JAKKS Pacific, Inc. (NASDAQ:JAKK) has the
10th highest upside potential in this segment of the market. Its upside is
38.2%. Its consensus target price is $18.50 based on the average of all
estimates.
Iran’s War on Barbie Dolls
What about Ken? CNBC.com reports that Iranian police have been confiscating
Mattel s (NASDAQ: MAT ) Barbie dolls from toy stores in Tehran and shutting the
stores down as part of a recent Islamist crackdown on Western cultural
influences. Barbie dolls have been banned in Iran since the mid-1990s, but
interest in them along with all things Western doesnt seem to have dampened in
the years since, especially among young people. Meanwhile, Irans official state
TV airs several Western and Hollywood films every week. More on this story at
CNBC.com .
Mattel s (NASDAQ: MAT ) Barbie dolls from toy stores in Tehran and shutting the
stores down as part of a recent Islamist crackdown on Western cultural
influences. Barbie dolls have been banned in Iran since the mid-1990s, but
interest in them along with all things Western doesnt seem to have dampened in
the years since, especially among young people. Meanwhile, Irans official state
TV airs several Western and Hollywood films every week. More on this story at
CNBC.com .
The Gold Price Utterly Blasted my Expectations Today, Closing Up 2 Percent for the Week at $1,663.70
Gold Price Close Today : 1,663.70 Gold Price Close 13-Jan : 1,630.60 Change :
33.10 or 2.0% Silver Price Close Today : 3164.7 Silver Price Close 13-Jan :
2949.3 Change : 215.40 or 7.3% Gold Silver Ratio Today : 52.571 Gold Silver
Ratio 13-Jan : 55.288 Change : -2.72 or -4.9% Silver Gold Ratio : 0.01902 Silver
Gold Ratio 13-Jan : 0.01809 Change : 0.00093 or 5.2% Dow in Gold Dollars : $
158.05 Dow in Gold Dollars 13-Jan : $ 157.48 Change : $ 0.57 or 0.4% Dow in Gold
Ounces : 7.646 Dow in Gold Ounces 13-Jan : 7.618 Change : 0.03 or 0.4% Dow in
Silver Ounces : 401.95 Dow in Silver Ounces 13-Jan : 421.19 Change : -19.24 or
-4.6% Dow Industrial : 12,720.48 Dow Industrial 13-Jan : 12,422.21 Change :
298.27 or 2.4% S&P 500 : 1,315.38 S&P 500 13-Jan : 1,289.10 Change : 26.28 or
2.0% US Dollar Index : 80.155 US Dollar Index 13-Jan : 81.531 Change : -1.376 or
-1.7% Platinum Price Close Today : 1,530.50 Platinum Price Close 13-Jan :
1,485.80 Change : 44.70 or 3.0% Palladium Price Close Today : 673.85 Palladium
Price Close 13-Jan : 636.70 Change : 37.15 or 5.8% The GOLD PRICE and SILVER
PRICE utterly blasted my expectations today, and crushed underfoot any suspicion
of a key reversal from yesterday. Yet here, too, lurk two different stories,
subtle, but not quite agreeing. Let's take the SILVER PRICE first. It vaulted
116.5c (3.8%) today to close Comex at 3164.7c. It brushed that 3060c resistance
aside like the Terminator flinging cops right and left, and climbed straight up.
Never sank lower than 3029c today, and at its apogee reached 3191c. Notice, too,
that it closed near the top of that range. Internally more was going on than
just that. SILVER jumped over the hurdle of its 50 DMA (3103c) and o'erleapt and
internal resistance line. Let's just say silver's shirt is full of starch. Gives
me a headache to think about it, looking at the weekly chart: have I missed the
low in silver? Wait, wait, there's also such a thing as a false breakout, and
toward the end of metals' rallies silver always tends to outrun gold. Either
way, Silver's next stubborn resistance hangs in the sky overhead at 3400c. It
could make that leap next week. However, if Monday comes a cropper and silver
loses 200c or so, you'll know it was a false breakout. Otherwise, buy it at the
market. But listen as the GOLD PRICE speaks out of both sides of its mouth. It
closed today up $9.60, higher than yesterday, at $1,663.7, new high close for
the move, but did not today post a new intraday high. High reached only $1,666.
Why didn't gold punch through $1,670 when silver was so manic? I don't know.
Maybe it means nothing, maybe it only means that resistance there is very strong
and gold will play catch-up next week, maybe the NGM take offense and react when
gold reaches $1,670. But look here: if gold pierces that $1,680 next week, and
then works through $1,705, stop waiting and buy. The bottom has passed, a new
rally has started. Dear friends, listen and ponder: the GOLD and SILVER bull
market is yet young. The public has not yet climbed aboard, and only a few
investment professionals. What we have seen so far is pasty, bland cottage
cheese compared to what is coming. Don't be caught standing around trying to
make your mind up, only to watch silver and gold run away. Within the markets
are planted automatic circuit breakers, set to explode Humility Bombs whenever
you begin to believe that you have things figured out. I stepped on those mines
today. What a week! SILVER gained -- look! --- 7.3%, while GOLD moved up only
2%. Dow gained more than gold, 2.4%, platinum augmented 3% (a word for you
engineers out there), and palladium added 5.8%. Dollar index dropped 1.7%, and
probably broke its rally's back. I love kids, but mine were always easy to catch
whenever they were doing something wrong. If I got one alone and asked him what
he had been doing, he said one thing. When another said something else, I knew I
wasn't getting the story whole. It's the same way with markets. When markets
that SHOULD confirm don't, some monkey business is afoot behind the scenes. So
today I ask myself, how could the Dow rise 96.5 points (0.76%) while the broader
S&P500 rose only 0.88 (0.07%)? And when the Dow rose 3/4%, why did the Nasdaq
and Nasdaq-100 DROP? Somebody's story doesn't match here, and when that happens
with markets, the larceny of Nice Government Men pops instantly to mind. I don't
want to become one of those imagination-challenged boors who blames everything
on government intervention, but that doesn't mean they don't intervene. And we
KNOW they have a special group, the President's Working Group on Markets, set up
in the Reagan reign to manipulate the stock market. I suspect they treat the
Dow, the most widely watched stock index, as a kind of Potemkin village for the
economy, a number they try to keep perky so we mushrooms will feel good and not
panic. Anyhow, the Dow (if not the S&P500 or Nasdaq), has penetrated overhead
resistance. If the move is real, then stocks ought to advance smartly, not
dragging feet. We'll see. None of this, lest you conclude otherwise, changes my
long term view of stocks, which are locked in a bear market (primary downtrend).
If it's a rally, this, too, shall pass, and more diving shall follow. Dow today
ended at 12,720.48, up 96.50 or 0.76%. S&P 500 closed 1,315.38, up 0.88 (0.07%).
I bet y'all wonder why I waste good electrons talking about the scrofulous US
dollar index and scabby euro and scurvy yen. Easy: they are the chief
competitors to silver and gold. Their course offers guidance where the metals
are headed, and chronicles the metals' ongoing war of annihilation against all
the phony fiat currencies in the world. Dollar ended the day down only 6.1 basis
points (0.08%) at 80.155, thus capping a week of disaster. Dollar index smashed
through its uptrend line today. That does not guarantee twill proceed lower, as
it did the same for several days early this month and again in December, but
whenever a market breaks a trend line or resistance, the presumption states it
will continue in that direction. Anyway, think about the backdrop. The world's
states are engaged in a very polite war of competitive devaluation, trying to
build their own economies at their neighbor's expense. Everyone smiles and bows
and says they're working together, but back in the office they are figuring out
how to lower their currency's value. Truth is, neither the Bernancubus nor the
White House Toad want an appreciating dollar. Worse, they've had a fight on
their hands as scared money poured out of the euro all summer, headed for refuge
in US treasuries and driving up the dollar. For what technical analysis is worth
under these manipulated circumstances, today the dollar index fell through both
its uptrend line AND the 20 day moving average (80.51). That targets a fall at
least to the 50 DMA (79.39), although some support lingers around 79.70 - 79.85.
Euro today closed lower as traders took profits out of their week, 1.2931, down
0.23%. Yen changed nothing, up 0.11% at 129.83c/Y100 (Y77.03/US$1). Also, I have
learned that altogether y'all know almost everything in the world, so I have a
question. Anybody know where I can find a slightly used 10 - 20 kilowatt PROPANE
generator, a good brand like Kohler? Drop me an email if you do, please. Again I
must confess, I just don't get it. I heard a lady from South Carolina on
National Proletarian Radio (voice of Socialism Worldwide). They are voting in
the meaningless Republican primary for president this weekend, you know, the one
with the Invisible Candidate (R*n P**l). This lady lives in a county with 12%
unemployed, and she said they needed to elect somebody who could help them. I
gasped for air. Doesn't she understand that the government is the REASON we
suffer economic turmoil and instability? Rotten money? With all due respect,
when did anybody from any government ever help anybody? Of the three greatest
lies in the world, the first on the list is, "Hi! I'm from the government, and
I'm here to help you." All government money comes with a sock in the jaw. All
government help comes with ropes, chains, and shackles. I don't get it. Why can
I see this, and somebody from South Carolina (of all places!) not see it? When
are folks going to wake up grasp that the government cavalry is NOT coming, and
you don't want 'em to? If anybody is going to help us, it will have to be US,
and we have to start by re-building our own local economies, working to restore
our neighbor's prosperity as well as our own, building on a sound foundation of
clean local food grown by local people. That's just for starters. I just don't
get it. We're standing on acres of diamonds, and people still want to call in
the government to screw everything up even more than they already have. Y'all
enjoy your weekend! Argentum et aurum comparenda sunt -- -- Gold and silver must
be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012,
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.
33.10 or 2.0% Silver Price Close Today : 3164.7 Silver Price Close 13-Jan :
2949.3 Change : 215.40 or 7.3% Gold Silver Ratio Today : 52.571 Gold Silver
Ratio 13-Jan : 55.288 Change : -2.72 or -4.9% Silver Gold Ratio : 0.01902 Silver
Gold Ratio 13-Jan : 0.01809 Change : 0.00093 or 5.2% Dow in Gold Dollars : $
158.05 Dow in Gold Dollars 13-Jan : $ 157.48 Change : $ 0.57 or 0.4% Dow in Gold
Ounces : 7.646 Dow in Gold Ounces 13-Jan : 7.618 Change : 0.03 or 0.4% Dow in
Silver Ounces : 401.95 Dow in Silver Ounces 13-Jan : 421.19 Change : -19.24 or
-4.6% Dow Industrial : 12,720.48 Dow Industrial 13-Jan : 12,422.21 Change :
298.27 or 2.4% S&P 500 : 1,315.38 S&P 500 13-Jan : 1,289.10 Change : 26.28 or
2.0% US Dollar Index : 80.155 US Dollar Index 13-Jan : 81.531 Change : -1.376 or
-1.7% Platinum Price Close Today : 1,530.50 Platinum Price Close 13-Jan :
1,485.80 Change : 44.70 or 3.0% Palladium Price Close Today : 673.85 Palladium
Price Close 13-Jan : 636.70 Change : 37.15 or 5.8% The GOLD PRICE and SILVER
PRICE utterly blasted my expectations today, and crushed underfoot any suspicion
of a key reversal from yesterday. Yet here, too, lurk two different stories,
subtle, but not quite agreeing. Let's take the SILVER PRICE first. It vaulted
116.5c (3.8%) today to close Comex at 3164.7c. It brushed that 3060c resistance
aside like the Terminator flinging cops right and left, and climbed straight up.
Never sank lower than 3029c today, and at its apogee reached 3191c. Notice, too,
that it closed near the top of that range. Internally more was going on than
just that. SILVER jumped over the hurdle of its 50 DMA (3103c) and o'erleapt and
internal resistance line. Let's just say silver's shirt is full of starch. Gives
me a headache to think about it, looking at the weekly chart: have I missed the
low in silver? Wait, wait, there's also such a thing as a false breakout, and
toward the end of metals' rallies silver always tends to outrun gold. Either
way, Silver's next stubborn resistance hangs in the sky overhead at 3400c. It
could make that leap next week. However, if Monday comes a cropper and silver
loses 200c or so, you'll know it was a false breakout. Otherwise, buy it at the
market. But listen as the GOLD PRICE speaks out of both sides of its mouth. It
closed today up $9.60, higher than yesterday, at $1,663.7, new high close for
the move, but did not today post a new intraday high. High reached only $1,666.
Why didn't gold punch through $1,670 when silver was so manic? I don't know.
Maybe it means nothing, maybe it only means that resistance there is very strong
and gold will play catch-up next week, maybe the NGM take offense and react when
gold reaches $1,670. But look here: if gold pierces that $1,680 next week, and
then works through $1,705, stop waiting and buy. The bottom has passed, a new
rally has started. Dear friends, listen and ponder: the GOLD and SILVER bull
market is yet young. The public has not yet climbed aboard, and only a few
investment professionals. What we have seen so far is pasty, bland cottage
cheese compared to what is coming. Don't be caught standing around trying to
make your mind up, only to watch silver and gold run away. Within the markets
are planted automatic circuit breakers, set to explode Humility Bombs whenever
you begin to believe that you have things figured out. I stepped on those mines
today. What a week! SILVER gained -- look! --- 7.3%, while GOLD moved up only
2%. Dow gained more than gold, 2.4%, platinum augmented 3% (a word for you
engineers out there), and palladium added 5.8%. Dollar index dropped 1.7%, and
probably broke its rally's back. I love kids, but mine were always easy to catch
whenever they were doing something wrong. If I got one alone and asked him what
he had been doing, he said one thing. When another said something else, I knew I
wasn't getting the story whole. It's the same way with markets. When markets
that SHOULD confirm don't, some monkey business is afoot behind the scenes. So
today I ask myself, how could the Dow rise 96.5 points (0.76%) while the broader
S&P500 rose only 0.88 (0.07%)? And when the Dow rose 3/4%, why did the Nasdaq
and Nasdaq-100 DROP? Somebody's story doesn't match here, and when that happens
with markets, the larceny of Nice Government Men pops instantly to mind. I don't
want to become one of those imagination-challenged boors who blames everything
on government intervention, but that doesn't mean they don't intervene. And we
KNOW they have a special group, the President's Working Group on Markets, set up
in the Reagan reign to manipulate the stock market. I suspect they treat the
Dow, the most widely watched stock index, as a kind of Potemkin village for the
economy, a number they try to keep perky so we mushrooms will feel good and not
panic. Anyhow, the Dow (if not the S&P500 or Nasdaq), has penetrated overhead
resistance. If the move is real, then stocks ought to advance smartly, not
dragging feet. We'll see. None of this, lest you conclude otherwise, changes my
long term view of stocks, which are locked in a bear market (primary downtrend).
If it's a rally, this, too, shall pass, and more diving shall follow. Dow today
ended at 12,720.48, up 96.50 or 0.76%. S&P 500 closed 1,315.38, up 0.88 (0.07%).
I bet y'all wonder why I waste good electrons talking about the scrofulous US
dollar index and scabby euro and scurvy yen. Easy: they are the chief
competitors to silver and gold. Their course offers guidance where the metals
are headed, and chronicles the metals' ongoing war of annihilation against all
the phony fiat currencies in the world. Dollar ended the day down only 6.1 basis
points (0.08%) at 80.155, thus capping a week of disaster. Dollar index smashed
through its uptrend line today. That does not guarantee twill proceed lower, as
it did the same for several days early this month and again in December, but
whenever a market breaks a trend line or resistance, the presumption states it
will continue in that direction. Anyway, think about the backdrop. The world's
states are engaged in a very polite war of competitive devaluation, trying to
build their own economies at their neighbor's expense. Everyone smiles and bows
and says they're working together, but back in the office they are figuring out
how to lower their currency's value. Truth is, neither the Bernancubus nor the
White House Toad want an appreciating dollar. Worse, they've had a fight on
their hands as scared money poured out of the euro all summer, headed for refuge
in US treasuries and driving up the dollar. For what technical analysis is worth
under these manipulated circumstances, today the dollar index fell through both
its uptrend line AND the 20 day moving average (80.51). That targets a fall at
least to the 50 DMA (79.39), although some support lingers around 79.70 - 79.85.
Euro today closed lower as traders took profits out of their week, 1.2931, down
0.23%. Yen changed nothing, up 0.11% at 129.83c/Y100 (Y77.03/US$1). Also, I have
learned that altogether y'all know almost everything in the world, so I have a
question. Anybody know where I can find a slightly used 10 - 20 kilowatt PROPANE
generator, a good brand like Kohler? Drop me an email if you do, please. Again I
must confess, I just don't get it. I heard a lady from South Carolina on
National Proletarian Radio (voice of Socialism Worldwide). They are voting in
the meaningless Republican primary for president this weekend, you know, the one
with the Invisible Candidate (R*n P**l). This lady lives in a county with 12%
unemployed, and she said they needed to elect somebody who could help them. I
gasped for air. Doesn't she understand that the government is the REASON we
suffer economic turmoil and instability? Rotten money? With all due respect,
when did anybody from any government ever help anybody? Of the three greatest
lies in the world, the first on the list is, "Hi! I'm from the government, and
I'm here to help you." All government money comes with a sock in the jaw. All
government help comes with ropes, chains, and shackles. I don't get it. Why can
I see this, and somebody from South Carolina (of all places!) not see it? When
are folks going to wake up grasp that the government cavalry is NOT coming, and
you don't want 'em to? If anybody is going to help us, it will have to be US,
and we have to start by re-building our own local economies, working to restore
our neighbor's prosperity as well as our own, building on a sound foundation of
clean local food grown by local people. That's just for starters. I just don't
get it. We're standing on acres of diamonds, and people still want to call in
the government to screw everything up even more than they already have. Y'all
enjoy your weekend! Argentum et aurum comparenda sunt -- -- Gold and silver must
be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012,
The Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Top-Performing U.S.-Listed Chinese Stocks (Jan 20, 2012)
Below are the latest top-performing U.S.-listed Chinese stocks.
AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the best-performing U.S.-listed Chinese
stock on Jan. 20. It was up 18.8% on the day. ASIAs upside potential is 43.7%
based on brokerage analysts average target price of $16.93. It is trading at
51.4% of its 52-week high of $22.91, and 89.7% above its 52-week low of $6.21.
Noah Holdings Limited (ADR) (NYSE:NOAH) is the second best-performing
U.S.-listed Chinese stock on Jan. 20. It was up 11.8% on the day. NOAHs upside
potential is 205.4% based on brokerage analysts average target price of $19.92.
It is trading at 35.1% of its 52-week high of $18.58, and 13.8% above its
52-week low of $5.73. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the third
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.6% on the day.
TUDOs upside potential is 82.7% based on brokerage analysts average target price
of $23.57. It is trading at 46.2% of its 52-week high of $27.91, and 35.8% above
its 52-week low of $9.50. NetEase.com Inc (ADR) (NASDAQ:NTES) is the fourth
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.4% on the day.
NTESs upside potential is 20.7% based on brokerage analysts average target price
of $58.16. It is trading at 87.6% of its 52-week high of $55.00, and 34.8% above
its 52-week low of $35.74. China Kanghui Holdings (ADR) (NYSE:KH) is the fifth
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.1% on the day.
KHs upside potential is 43.4% based on brokerage analysts average target price
of $23.65. It is trading at 62.3% of its 52-week high of $26.50, and 27.7% above
its 52-week low of $12.92. SINA Corporation (USA) (NASDAQ:SINA) is the sixth
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 4.8% on the day.
SINAs upside potential is 55.6% based on brokerage analysts average target price
of $101.09. It is trading at 44.2% of its 52-week high of $147.12, and 38.6%
above its 52-week low of $46.86. E Commerce China Dangdang Inc (ADR) (NYSE:DANG)
is the seventh best-performing U.S.-listed Chinese stock on Jan. 20. It was up
4.1% on the day. DANGs upside potential is 4.9% based on brokerage analysts
average target price of $7.91. It is trading at 23.9% of its 52-week high of
$31.58, and 83.5% above its 52-week low of $4.11. Spreadtrum Communications, Inc
(ADR) (NASDAQ:SPRD) is the eighth best-performing U.S.-listed Chinese stock on
Jan. 20. It was up 3.6% on the day. SPRDs upside potential is 73.2% based on
brokerage analysts average target price of $28.88. It is trading at 55.6% of its
52-week high of $29.98, and 94.1% above its 52-week low of $8.59. Qihoo 360
Technology Co Ltd (NYSE:QIHU) is the ninth best-performing U.S.-listed Chinese
stock on Jan. 20. It was up 3.2% on the day. QIHUs upside potential is 91.8%
based on brokerage analysts average target price of $33.57. It is trading at
48.3% of its 52-week high of $36.21, and 27.6% above its 52-week low of $13.71.
Rda Microelectronics Inc (ADR) (NASDAQ:RDA) is the 10th best-performing
U.S.-listed Chinese stock on Jan. 20. It was up 2.8% on the day. RDAs upside
potential is 42.9% based on brokerage analysts average target price of $15.67.
It is trading at 71.0% of its 52-week high of $15.43, and 55.2% above its
52-week low of $7.06. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the
11th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.4% on the
day. CTRPs upside potential is 38.0% based on brokerage analysts average target
price of $38.04. It is trading at 54.5% of its 52-week high of $50.57, and 25.2%
above its 52-week low of $22.02. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the
12th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.2% on the
day. CYOUs upside potential is 75.4% based on brokerage analysts average target
price of $41.65. It is trading at 45.7% of its 52-week high of $52.00, and 14.6%
above its 52-week low of $20.71. HiSoft Technology Internatnl Ltd (ADR)
(NASDAQ:HSFT) is the 13th best-performing U.S.-listed Chinese stock on Jan. 20.
It was up 2.0% on the day. HSFTs upside potential is 52.8% based on brokerage
analysts average target price of $17.31. It is trading at 33.3% of its 52-week
high of $34.00, and 41.3% above its 52-week low of $8.02. 51job, Inc. (ADR)
(NASDAQ:JOBS) is the 14th best-performing U.S.-listed Chinese stock on Jan. 20.
It was up 1.8% on the day. JOBSs upside potential is 43.3% based on brokerage
analysts average target price of $64.50. It is trading at 64.5% of its 52-week
high of $69.80, and 22.9% above its 52-week low of $36.62. Giant Interactive
Group Inc (ADR) (NYSE:GA) is the 15th best-performing U.S.-listed Chinese stock
on Jan. 20. It was up 1.8% on the day. GAs upside potential is 65.5% based on
brokerage analysts average target price of $6.62. It is trading at 42.3% of its
52-week high of $9.45, and 32.5% above its 52-week low of $3.02. New Oriental
Education & Tech Grp (ADR) (NYSE:EDU) is the 16th best-performing U.S.-listed
Chinese stock on Jan. 20. It was up 1.7% on the day. EDUs upside potential is
51.2% based on brokerage analysts average target price of $35.19. It is trading
at 66.9% of its 52-week high of $34.77, and 12.9% above its 52-week low of
$20.61. Renren Inc (NYSE:RENN) is the 17th best-performing U.S.-listed Chinese
stock on Jan. 20. It was up 1.7% on the day. RENNs upside potential is 63.6%
based on brokerage analysts average target price of $7.02. It is trading at
17.9% of its 52-week high of $24.00, and 33.6% above its 52-week low of $3.21.
Semiconductor Manufacturing Intl (ADR) (NYSE:SMI) is the 18th best-performing
U.S.-listed Chinese stock on Jan. 20. It was up 1.6% on the day. SMIs upside
potential is -1.1% based on brokerage analysts average target price of $2.49. It
is trading at 43.6% of its 52-week high of $5.78, and 18.9% above its 52-week
low of $2.12. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 19th
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.4% on the day.
AMBOs upside potential is 46.4% based on brokerage analysts average target price
of $10.47. It is trading at 59.8% of its 52-week high of $11.96, and 56.8% above
its 52-week low of $4.56. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the
20th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.3% on the
day. WXs upside potential is 36.7% based on brokerage analysts average target
price of $18.03. It is trading at 69.1% of its 52-week high of $19.10, and 23.8%
above its 52-week low of $10.65.
AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the best-performing U.S.-listed Chinese
stock on Jan. 20. It was up 18.8% on the day. ASIAs upside potential is 43.7%
based on brokerage analysts average target price of $16.93. It is trading at
51.4% of its 52-week high of $22.91, and 89.7% above its 52-week low of $6.21.
Noah Holdings Limited (ADR) (NYSE:NOAH) is the second best-performing
U.S.-listed Chinese stock on Jan. 20. It was up 11.8% on the day. NOAHs upside
potential is 205.4% based on brokerage analysts average target price of $19.92.
It is trading at 35.1% of its 52-week high of $18.58, and 13.8% above its
52-week low of $5.73. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the third
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.6% on the day.
TUDOs upside potential is 82.7% based on brokerage analysts average target price
of $23.57. It is trading at 46.2% of its 52-week high of $27.91, and 35.8% above
its 52-week low of $9.50. NetEase.com Inc (ADR) (NASDAQ:NTES) is the fourth
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.4% on the day.
NTESs upside potential is 20.7% based on brokerage analysts average target price
of $58.16. It is trading at 87.6% of its 52-week high of $55.00, and 34.8% above
its 52-week low of $35.74. China Kanghui Holdings (ADR) (NYSE:KH) is the fifth
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 5.1% on the day.
KHs upside potential is 43.4% based on brokerage analysts average target price
of $23.65. It is trading at 62.3% of its 52-week high of $26.50, and 27.7% above
its 52-week low of $12.92. SINA Corporation (USA) (NASDAQ:SINA) is the sixth
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 4.8% on the day.
SINAs upside potential is 55.6% based on brokerage analysts average target price
of $101.09. It is trading at 44.2% of its 52-week high of $147.12, and 38.6%
above its 52-week low of $46.86. E Commerce China Dangdang Inc (ADR) (NYSE:DANG)
is the seventh best-performing U.S.-listed Chinese stock on Jan. 20. It was up
4.1% on the day. DANGs upside potential is 4.9% based on brokerage analysts
average target price of $7.91. It is trading at 23.9% of its 52-week high of
$31.58, and 83.5% above its 52-week low of $4.11. Spreadtrum Communications, Inc
(ADR) (NASDAQ:SPRD) is the eighth best-performing U.S.-listed Chinese stock on
Jan. 20. It was up 3.6% on the day. SPRDs upside potential is 73.2% based on
brokerage analysts average target price of $28.88. It is trading at 55.6% of its
52-week high of $29.98, and 94.1% above its 52-week low of $8.59. Qihoo 360
Technology Co Ltd (NYSE:QIHU) is the ninth best-performing U.S.-listed Chinese
stock on Jan. 20. It was up 3.2% on the day. QIHUs upside potential is 91.8%
based on brokerage analysts average target price of $33.57. It is trading at
48.3% of its 52-week high of $36.21, and 27.6% above its 52-week low of $13.71.
Rda Microelectronics Inc (ADR) (NASDAQ:RDA) is the 10th best-performing
U.S.-listed Chinese stock on Jan. 20. It was up 2.8% on the day. RDAs upside
potential is 42.9% based on brokerage analysts average target price of $15.67.
It is trading at 71.0% of its 52-week high of $15.43, and 55.2% above its
52-week low of $7.06. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the
11th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.4% on the
day. CTRPs upside potential is 38.0% based on brokerage analysts average target
price of $38.04. It is trading at 54.5% of its 52-week high of $50.57, and 25.2%
above its 52-week low of $22.02. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the
12th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 2.2% on the
day. CYOUs upside potential is 75.4% based on brokerage analysts average target
price of $41.65. It is trading at 45.7% of its 52-week high of $52.00, and 14.6%
above its 52-week low of $20.71. HiSoft Technology Internatnl Ltd (ADR)
(NASDAQ:HSFT) is the 13th best-performing U.S.-listed Chinese stock on Jan. 20.
It was up 2.0% on the day. HSFTs upside potential is 52.8% based on brokerage
analysts average target price of $17.31. It is trading at 33.3% of its 52-week
high of $34.00, and 41.3% above its 52-week low of $8.02. 51job, Inc. (ADR)
(NASDAQ:JOBS) is the 14th best-performing U.S.-listed Chinese stock on Jan. 20.
It was up 1.8% on the day. JOBSs upside potential is 43.3% based on brokerage
analysts average target price of $64.50. It is trading at 64.5% of its 52-week
high of $69.80, and 22.9% above its 52-week low of $36.62. Giant Interactive
Group Inc (ADR) (NYSE:GA) is the 15th best-performing U.S.-listed Chinese stock
on Jan. 20. It was up 1.8% on the day. GAs upside potential is 65.5% based on
brokerage analysts average target price of $6.62. It is trading at 42.3% of its
52-week high of $9.45, and 32.5% above its 52-week low of $3.02. New Oriental
Education & Tech Grp (ADR) (NYSE:EDU) is the 16th best-performing U.S.-listed
Chinese stock on Jan. 20. It was up 1.7% on the day. EDUs upside potential is
51.2% based on brokerage analysts average target price of $35.19. It is trading
at 66.9% of its 52-week high of $34.77, and 12.9% above its 52-week low of
$20.61. Renren Inc (NYSE:RENN) is the 17th best-performing U.S.-listed Chinese
stock on Jan. 20. It was up 1.7% on the day. RENNs upside potential is 63.6%
based on brokerage analysts average target price of $7.02. It is trading at
17.9% of its 52-week high of $24.00, and 33.6% above its 52-week low of $3.21.
Semiconductor Manufacturing Intl (ADR) (NYSE:SMI) is the 18th best-performing
U.S.-listed Chinese stock on Jan. 20. It was up 1.6% on the day. SMIs upside
potential is -1.1% based on brokerage analysts average target price of $2.49. It
is trading at 43.6% of its 52-week high of $5.78, and 18.9% above its 52-week
low of $2.12. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 19th
best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.4% on the day.
AMBOs upside potential is 46.4% based on brokerage analysts average target price
of $10.47. It is trading at 59.8% of its 52-week high of $11.96, and 56.8% above
its 52-week low of $4.56. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the
20th best-performing U.S.-listed Chinese stock on Jan. 20. It was up 1.3% on the
day. WXs upside potential is 36.7% based on brokerage analysts average target
price of $18.03. It is trading at 69.1% of its 52-week high of $19.10, and 23.8%
above its 52-week low of $10.65.
Tech Giants (Mostly) Shine With Earnings
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace In late December, Oracle (NASDAQ: ORCL ) did something it rarely does: It missed on its quarterly earnings . And the stock plunged 13% on the news. So was this a sign that tech spending was slowing down? Or was it an issue specific to Oracle, such as with its hardware business? Well, based on the batch of earnings reports Thursday, it looks like tech still is showing strength. Here's a run-down: Microsoft (NASDAQ: MSFT ): The company saw a nice boost from its infrastructure software business — especially with servers — as well as the Xbox segment (the Christmas season was particularly strong). As business spending picks up, Microsoft is benefiting from its broad suite of products. They include offerings like Exchange, SharePoint, Lync, Windows Server and Dynamics CRM. Yet there were some troublesome results from the Windows franchise. In the quarter, revenues fell by 6%. While the business still generates substantial cash flows, the long-term prospects look bleak — especially as it has lagged in areas like tablets and smartphones. IBM (NYSE: IBM ): Even though IBM is 100 years old, it still knows how to keep up the momentum. In the latest quarter, revenues increased by 4% and profits came to $5.5 billion, or $4.62 per share. Key to IBM's success is the software business, which was up 9%. The company has been aggressive with its acquisitions over the years. And going into 2012, it would not be surprising if it moves more into the cloud space. But IBM always is about the long haul. To this end, the company believes it will achieve its 2015 goal of achieving $20 per share in earnings. Intel (NASDAQ: INTC) : The company looks poised for a strong 2012, with key drivers being ultrabooks, smartphone chips and infrastructure systems (especially for datacenters). In fact, Intel is likely to remain a big beneficiary of cloud computing, which requires lots of processing power. For the prior year, Intel posted an impress 24% increase in sales to $54 billion. Keep in mind that the company has invested heavily in research & development, which has resulted an impressive offering of innovative technologies. Google (NASDAQ: GOOG ): Among Big Tech, the company certainly had the worst report — a rare miss — and the stock was off more than 8% in Friday trading. While the consensus was for $8.41 billion in revenues and $10.49 per share in earnings, the company instead posted $8.13 billion and $9.50 per share, respectively. Kevin Kelleher has an excellent take on this . He points out that a troubling development was Google's 8% drop in its cost-per-click rates. Unfortunately, the company was vague about the rationale, saying there have been some changes in ad formats and search algorithms. Yet investors are wondering: Is Facebook making big-time inroads in Google's business? With the company expected to go public soon , there is lots of motivation to increase monetization — which probably means taking business away from Google. Tom Taulli runs the InvestorPlace blog IPOPlaybook , a site dedicated to the hottest news and rumors about initial public offerings. He also is the author of "All About Short Selling" and "All About Commodities." Follow him on Twitter at @ttaulli . As of this writing, he did not own a position in any of the aforementioned securities.
Top Oversold U.S.-Listed Chinese Stocks (Jan 20, 2012)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the most oversold U.S.-listed Chinese stock on Jan. 20. It was down 5.7% on the day. FMCN's upside potential is 85.4% based on brokerage analysts' average target price of $37.12. It is trading at 53.3% of its 52-week high of $37.58, and 127.8% above its 52-week low of $8.79. CNinsure Inc. (ADR) (NASDAQ:CISG) is the second most oversold U.S.-listed Chinese stock on Jan. 20. It was down 3.0% on the day. CISG's upside potential is 195.6% based on brokerage analysts' average target price of $25.04. It is trading at 42.5% of its 52-week high of $19.93, and 60.4% above its 52-week low of $5.28. ReneSola Ltd. (ADR) (NYSE:SOL) is the third most oversold U.S.-listed Chinese stock on Jan. 20. It was down 3.0% on the day. SOL's upside potential is 7.0% based on brokerage analysts' average target price of $2.44. It is trading at 17.2% of its 52-week high of $13.25, and 57.2% above its 52-week low of $1.45. Seaspan Corporation (NYSE:SSW) is the fourth most oversold U.S.-listed Chinese stock on Jan. 20. It was down 2.8% on the day. SSW's upside potential is 13.6% based on brokerage analysts' average target price of $17.56. It is trading at 72.4% of its 52-week high of $21.33, and 51.3% above its 52-week low of $10.21. NetQin Mobile Inc (ADR) (NYSE:NQ) is the fifth most oversold U.S.-listed Chinese stock on Jan. 20. It was down 2.4% on the day. NQ's upside potential is 53.0% based on brokerage analysts' average target price of $11.00. It is trading at 60.4% of its 52-week high of $11.90, and 107.8% above its 52-week low of $3.46. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the sixth most oversold U.S.-listed Chinese stock on Jan. 20. It was down 2.2% on the day. JASO's upside potential is 55.5% based on brokerage analysts' average target price of $2.74. It is trading at 20.5% of its 52-week high of $8.57, and 45.5% above its 52-week low of $1.21. Trina Solar Limited (ADR) (NYSE:TSL) is the seventh most oversold U.S.-listed Chinese stock on Jan. 20. It was down 2.2% on the day. TSL's upside potential is 34.8% based on brokerage analysts' average target price of $10.92. It is trading at 26.1% of its 52-week high of $31.08, and 53.4% above its 52-week low of $5.28. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the eighth most oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.5% on the day. PWRD's upside potential is 79.8% based on brokerage analysts' average target price of $19.30. It is trading at 36.9% of its 52-week high of $29.10, and 27.1% above its 52-week low of $8.44. TAL Education Group (ADR) (NYSE:XRS) is the ninth most oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day. XRS's upside potential is 36.3% based on brokerage analysts' average target price of $14.50. It is trading at 66.1% of its 52-week high of $16.10, and 26.5% above its 52-week low of $8.41. 21Vianet Group Inc (NASDAQ:VNET) is the 10th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day. VNET's upside potential is 70.9% based on brokerage analysts' average target price of $17.52. It is trading at 45.9% of its 52-week high of $22.33, and 23.3% above its 52-week low of $8.31. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the 11th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day. ISS's upside potential is 64.5% based on brokerage analysts' average target price of $15.50. It is trading at 41.6% of its 52-week high of $22.63, and 66.4% above its 52-week low of $5.66. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 12th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.9% on the day. HTHT's upside potential is 48.8% based on brokerage analysts' average target price of $20.96. It is trading at 62.6% of its 52-week high of $22.50, and 17.3% above its 52-week low of $12.00. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the 13th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.7% on the day. FSIN's upside potential is 18.3% based on brokerage analysts' average target price of $9.67. It is trading at 80.3% of its 52-week high of $10.18, and 101.2% above its 52-week low of $4.06. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 14th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.7% on the day. BIDU's upside potential is 45.3% based on brokerage analysts' average target price of $178.45. It is trading at 74.0% of its 52-week high of $165.96, and 21.6% above its 52-week low of $100.95. CNOOC Limited (ADR) (NYSE:CEO) is the 15th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.6% on the day. CEO's upside potential is 21.7% based on brokerage analysts' average target price of $243.00. It is trading at 73.4% of its 52-week high of $271.94, and 41.3% above its 52-week low of $141.27. Mindray Medical International Ltd (ADR) (NYSE:MR) is the 16th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.5% on the day. MR's upside potential is 8.0% based on brokerage analysts' average target price of $32.05. It is trading at 95.1% of its 52-week high of $31.21, and 39.7% above its 52-week low of $21.25. Shanda Games Limited(ADR) (NASDAQ:GAME) is the 17th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. GAME's upside potential is 25.9% based on brokerage analysts' average target price of $5.95. It is trading at 61.4% of its 52-week high of $7.70, and 36.7% above its 52-week low of $3.46. PetroChina Company Limited (ADR) (NYSE:PTR) is the 18th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. PTR's upside potential is 8.5% based on brokerage analysts' average target price of $158.00. It is trading at 91.7% of its 52-week high of $158.83, and 30.8% above its 52-week low of $111.29. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 19th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. SNP's upside potential is 9.4% based on brokerage analysts' average target price of $128.33. It is trading at 98.4% of its 52-week high of $119.19, and 42.2% above its 52-week low of $82.50. Sohu.com Inc. (NASDAQ:SOHU) is the 20th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. SOHU's upside potential is 28.1% based on brokerage analysts' average target price of $76.08. It is trading at 54.3% of its 52-week high of $109.37, and 30.8% above its 52-week low of $45.40.
Pluses and Minuses in Apple’s iBooks 2 Textbook Equation
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Apple ‘s (NASDAQ: AAPL ) announcement this week of the iBooks 2, iBooks Author, and iTunes U apps may not have garnered the sort of consumer mania that typically comes with the announcement of a new iPhone, but make no mistake: It was a big deal. Research group BookStats and the Association of American Publishers won’t release 2011 sales figures until later in 2012, but studies released last fall reiterated the earning potential of the market. Higher-education textbook sales grew 23% over the past three years, totaling $4.5 billion last year. Is Apple about to add yet another multibillion-dollar revenue stream to its stable? “I can’t say I’m worried,” says at least one publisher in the field. A study conducted last year by social-learning platform Xplana projected that digital textbook sales would total $1.5 billion by 2015. That was, of course, before Apple decided with Pearson (NYSE: PSO ), McGraw-Hill (NYSE: MHP ), and other publishing heavyweights to take on the market. iBooks 2, released on Thursday, already supports eight interactive iPad textbooks sold through Apple’s iBookstore. Instructors using the iPad in class also have access to iTunes U, a course management app that can be used for structuring classes and assignments. Both are complimented by iBooks Author, an app for corporate, independent, and individual publishers alike, easing the process of creating e-books for Apple’s platforms. Based on Apple’s past success with media initiatives like iTunes, it’s not unreasonable to think that Xplana’s $1.5 billion estimate is low-balling it. Textbook production: not rocket science, but pretty close Will iBooks Author self-published textbooks cut into higher-education sales? A production editor with a prominent independent publisher serving the higher-education market expressed skepticism to InvestorPlace that that would be the case. “Unlike trade, textbooks tend to be insulated from self-publishing due to the sheer number of eyes and minds required to craft an informative, visually attractive book in any field," this editor says. "There’s nothing to stop motivated professors or graduate students from collaborating on a self-published textbook, but if professors and graduate students had the time and motivation required to do so, we wouldn’t be in business in the first place.” The iPad’s infiltration of the classroom does represent a potent opportunity for larger publishers, says the production editor, adding: “In the past decade, the book itself has become less
Gold Posts 2.0% Weekly Gain, Silver Surges 7.3%
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold and silver futures climbed Friday amid a broad-based rally in precious metals and a tepid move in the U.S. dollar. COMEX gold futures – per the February contract – settled higher by $9.50, or 0.6%, at $1,664.00 per ounce despite earlier sliding to $1,645.20 per ounce.
Friday Apple Rumors: Amazon Trims Kindle Fire Production in Advance of iPad 3 Launch
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are today's Apple rumors and AAPL stock items. Amazon Braces Kindle Fire for iPad 3 Impact: Amazon (NASDAQ: AMZN ) will halve orders for its Kindle Fire tablet during the first quarter of 2012. The online retailer will, according to a Friday report at Apple Insider , cut production to 3 million tablets due to lower, post-holiday demand and the impending release of Apple’s third-generation iPad. Apple is expected to announce and release the iPad 3 during the first quarter. Rumors suggest that Apple will also continue to produce the current iPad 2 model and reposition it as a low-cost alternative to the high-end iPad 3. This means that Apple and Amazon will potentially be competing on equal price footing by the end of spring. Amazon, meanwhile, is rumored to be preparing multiple new Kindle Fire models, including a high-end model that will more directly compete with the iPad in terms of functionality. Apple Market Cap Crests $400 Billion: Apple ended the week on an exciting note. After announcing its new textbook-centric initiative with the iBooks 2, iBooks Author, and iTunes U apps, the company’s market cap passed $400 billion for the first time, bringing it ever closer to becoming the most valuable company in the world. Right now Exxon Mobil (NYSE: XOM ) continues to claim that title with a market cap of $417 billion. As of this writing, Apple’s market cap has dipped back down, to just above $395 billion. China Telecom Finally Gets iPhone: Rumors that its competitors will support the iPhone have swirled for years now, but China Unicom (NYSE: CHU ) remains the sole official carrier of Apple’s device in China. A Friday report in the Wall Street Journal , however, said that China Telecom (NYSE: CHA ) may finally get its shot at the market. Apple was granted a license for an iPhone model compatible with China Telecom’s network . Apple and China Telecom have yet to confirm that the iPhone will branch out in China. Given Apple’s lust for expansion in the region, though, this new certification seems a sure sign that the iPhone will no longer be a one-telecom phone in China. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
Pluses and Minuses in Apple’s iBooks 2 Textbook Equation
Apple s (NASDAQ: AAPL ) announcement this week of the iBooks 2, iBooks Author,
and iTunes U apps may not have garnered the sort of consumer mania that
typically comes with the announcement of a new iPhone, but make no mistake: It
was a big deal. Research group BookStats and the Association of American
Publishers wont release 2011 sales figures until later in 2012, but studies
released last fall reiterated the earning potential of the market.
Higher-education textbook sales grew 23% over the past three years, totaling
$4.5 billion last year. Is Apple about to add yet another multibillion-dollar
revenue stream to its stable? I cant say Im worried, says at least one publisher
in the field. A study conducted last year by social-learning platform Xplana
projected that digital textbook sales would total $1.5 billion by 2015. That
was, of course, before Apple decided with Pearson (NYSE: PSO ), McGraw-Hill
(NYSE: MHP ), and other publishing heavyweights to take on the market. iBooks 2,
released on Thursday, already supports eight interactive iPad textbooks sold
through Apples iBookstore. Instructors using the iPad in class also have access
to iTunes U, a course management app that can be used for structuring classes
and assignments. Both are complimented by iBooks Author, an app for corporate,
independent, and individual publishers alike, easing the process of creating
e-books for Apples platforms. Based on Apples past success with media
initiatives like iTunes, its not unreasonable to think that Xplanas $1.5 billion
estimate is low-balling it. Textbook production: not rocket science, but pretty
close Will iBooks Author self-published textbooks cut into higher-education
sales? A production editor with a prominent independent publisher serving the
higher-education market expressed skepticism to InvestorPlace that that would be
the case. Unlike trade, textbooks tend to be insulated from self-publishing due
to the sheer number of eyes and minds required to craft an informative, visually
attractive book in any field," this editor says. "Theres nothing to stop
motivated professors or graduate students from collaborating on a self-published
textbook, but if professors and graduate students had the time and motivation
required to do so, we wouldnt be in business in the first place. The iPads
infiltration of the classroom does represent a potent opportunity for larger
publishers, says the production editor, adding: In the past decade, the book
itself has become less
and iTunes U apps may not have garnered the sort of consumer mania that
typically comes with the announcement of a new iPhone, but make no mistake: It
was a big deal. Research group BookStats and the Association of American
Publishers wont release 2011 sales figures until later in 2012, but studies
released last fall reiterated the earning potential of the market.
Higher-education textbook sales grew 23% over the past three years, totaling
$4.5 billion last year. Is Apple about to add yet another multibillion-dollar
revenue stream to its stable? I cant say Im worried, says at least one publisher
in the field. A study conducted last year by social-learning platform Xplana
projected that digital textbook sales would total $1.5 billion by 2015. That
was, of course, before Apple decided with Pearson (NYSE: PSO ), McGraw-Hill
(NYSE: MHP ), and other publishing heavyweights to take on the market. iBooks 2,
released on Thursday, already supports eight interactive iPad textbooks sold
through Apples iBookstore. Instructors using the iPad in class also have access
to iTunes U, a course management app that can be used for structuring classes
and assignments. Both are complimented by iBooks Author, an app for corporate,
independent, and individual publishers alike, easing the process of creating
e-books for Apples platforms. Based on Apples past success with media
initiatives like iTunes, its not unreasonable to think that Xplanas $1.5 billion
estimate is low-balling it. Textbook production: not rocket science, but pretty
close Will iBooks Author self-published textbooks cut into higher-education
sales? A production editor with a prominent independent publisher serving the
higher-education market expressed skepticism to InvestorPlace that that would be
the case. Unlike trade, textbooks tend to be insulated from self-publishing due
to the sheer number of eyes and minds required to craft an informative, visually
attractive book in any field," this editor says. "Theres nothing to stop
motivated professors or graduate students from collaborating on a self-published
textbook, but if professors and graduate students had the time and motivation
required to do so, we wouldnt be in business in the first place. The iPads
infiltration of the classroom does represent a potent opportunity for larger
publishers, says the production editor, adding: In the past decade, the book
itself has become less
Gold Posts 2.0% Weekly Gain, Silver Surges 7.3%
Gold and silver futures climbed Friday amid a broad-based rally in precious
metals and a tepid move in the U.S. dollar. COMEX gold futures per the February
contract settled higher by $9.50, or 0.6%, at $1,664.00 per ounce despite
earlier sliding to $1,645.20 per ounce.
metals and a tepid move in the U.S. dollar. COMEX gold futures per the February
contract settled higher by $9.50, or 0.6%, at $1,664.00 per ounce despite
earlier sliding to $1,645.20 per ounce.
Top Oversold U.S.-Listed Chinese Stocks (Jan 20, 2012)
Below are the latest oversold U.S.-listed Chinese stocks. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 5.7% on the day. FMCNs upside potential is 85.4% based on
brokerage analysts average target price of $37.12. It is trading at 53.3% of its
52-week high of $37.58, and 127.8% above its 52-week low of $8.79. CNinsure Inc.
(ADR) (NASDAQ:CISG) is the second most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 3.0% on the day. CISGs upside potential is 195.6% based on
brokerage analysts average target price of $25.04. It is trading at 42.5% of its
52-week high of $19.93, and 60.4% above its 52-week low of $5.28. ReneSola Ltd.
(ADR) (NYSE:SOL) is the third most oversold U.S.-listed Chinese stock on Jan.
20. It was down 3.0% on the day. SOLs upside potential is 7.0% based on
brokerage analysts average target price of $2.44. It is trading at 17.2% of its
52-week high of $13.25, and 57.2% above its 52-week low of $1.45. Seaspan
Corporation (NYSE:SSW) is the fourth most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 2.8% on the day. SSWs upside potential is 13.6% based on
brokerage analysts average target price of $17.56. It is trading at 72.4% of its
52-week high of $21.33, and 51.3% above its 52-week low of $10.21. NetQin Mobile
Inc (ADR) (NYSE:NQ) is the fifth most oversold U.S.-listed Chinese stock on Jan.
20. It was down 2.4% on the day. NQs upside potential is 53.0% based on
brokerage analysts average target price of $11.00. It is trading at 60.4% of its
52-week high of $11.90, and 107.8% above its 52-week low of $3.46. JA Solar
Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the sixth most oversold U.S.-listed
Chinese stock on Jan. 20. It was down 2.2% on the day. JASOs upside potential is
55.5% based on brokerage analysts average target price of $2.74. It is trading
at 20.5% of its 52-week high of $8.57, and 45.5% above its 52-week low of $1.21.
Trina Solar Limited (ADR) (NYSE:TSL) is the seventh most oversold U.S.-listed
Chinese stock on Jan. 20. It was down 2.2% on the day. TSLs upside potential is
34.8% based on brokerage analysts average target price of $10.92. It is trading
at 26.1% of its 52-week high of $31.08, and 53.4% above its 52-week low of
$5.28. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the eighth most oversold
U.S.-listed Chinese stock on Jan. 20. It was down 1.5% on the day. PWRDs upside
potential is 79.8% based on brokerage analysts average target price of $19.30.
It is trading at 36.9% of its 52-week high of $29.10, and 27.1% above its
52-week low of $8.44. TAL Education Group (ADR) (NYSE:XRS) is the ninth most
oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day. XRSs
upside potential is 36.3% based on brokerage analysts average target price of
$14.50. It is trading at 66.1% of its 52-week high of $16.10, and 26.5% above
its 52-week low of $8.41. 21Vianet Group Inc (NASDAQ:VNET) is the 10th most
oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day.
VNETs upside potential is 70.9% based on brokerage analysts average target price
of $17.52. It is trading at 45.9% of its 52-week high of $22.33, and 23.3% above
its 52-week low of $8.31. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the 11th
most oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day.
ISSs upside potential is 64.5% based on brokerage analysts average target price
of $15.50. It is trading at 41.6% of its 52-week high of $22.63, and 66.4% above
its 52-week low of $5.66. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the
12th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.9% on the
day. HTHTs upside potential is 48.8% based on brokerage analysts average target
price of $20.96. It is trading at 62.6% of its 52-week high of $22.50, and 17.3%
above its 52-week low of $12.00. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the
13th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.7% on the
day. FSINs upside potential is 18.3% based on brokerage analysts average target
price of $9.67. It is trading at 80.3% of its 52-week high of $10.18, and 101.2%
above its 52-week low of $4.06. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 14th
most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.7% on the day.
BIDUs upside potential is 45.3% based on brokerage analysts average target price
of $178.45. It is trading at 74.0% of its 52-week high of $165.96, and 21.6%
above its 52-week low of $100.95. CNOOC Limited (ADR) (NYSE:CEO) is the 15th
most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.6% on the day.
CEOs upside potential is 21.7% based on brokerage analysts average target price
of $243.00. It is trading at 73.4% of its 52-week high of $271.94, and 41.3%
above its 52-week low of $141.27. Mindray Medical International Ltd (ADR)
(NYSE:MR) is the 16th most oversold U.S.-listed Chinese stock on Jan. 20. It was
down 0.5% on the day. MRs upside potential is 8.0% based on brokerage analysts
average target price of $32.05. It is trading at 95.1% of its 52-week high of
$31.21, and 39.7% above its 52-week low of $21.25. Shanda Games Limited(ADR)
(NASDAQ:GAME) is the 17th most oversold U.S.-listed Chinese stock on Jan. 20. It
was down 0.4% on the day. GAMEs upside potential is 25.9% based on brokerage
analysts average target price of $5.95. It is trading at 61.4% of its 52-week
high of $7.70, and 36.7% above its 52-week low of $3.46. PetroChina Company
Limited (ADR) (NYSE:PTR) is the 18th most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 0.4% on the day. PTRs upside potential is 8.5% based on
brokerage analysts average target price of $158.00. It is trading at 91.7% of
its 52-week high of $158.83, and 30.8% above its 52-week low of $111.29. China
Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 19th most oversold
U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. SNPs upside
potential is 9.4% based on brokerage analysts average target price of $128.33.
It is trading at 98.4% of its 52-week high of $119.19, and 42.2% above its
52-week low of $82.50. Sohu.com Inc. (NASDAQ:SOHU) is the 20th most oversold
U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. SOHUs upside
potential is 28.1% based on brokerage analysts average target price of $76.08.
It is trading at 54.3% of its 52-week high of $109.37, and 30.8% above its
52-week low of $45.40.
Limited (ADR) (NASDAQ:FMCN) is the most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 5.7% on the day. FMCNs upside potential is 85.4% based on
brokerage analysts average target price of $37.12. It is trading at 53.3% of its
52-week high of $37.58, and 127.8% above its 52-week low of $8.79. CNinsure Inc.
(ADR) (NASDAQ:CISG) is the second most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 3.0% on the day. CISGs upside potential is 195.6% based on
brokerage analysts average target price of $25.04. It is trading at 42.5% of its
52-week high of $19.93, and 60.4% above its 52-week low of $5.28. ReneSola Ltd.
(ADR) (NYSE:SOL) is the third most oversold U.S.-listed Chinese stock on Jan.
20. It was down 3.0% on the day. SOLs upside potential is 7.0% based on
brokerage analysts average target price of $2.44. It is trading at 17.2% of its
52-week high of $13.25, and 57.2% above its 52-week low of $1.45. Seaspan
Corporation (NYSE:SSW) is the fourth most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 2.8% on the day. SSWs upside potential is 13.6% based on
brokerage analysts average target price of $17.56. It is trading at 72.4% of its
52-week high of $21.33, and 51.3% above its 52-week low of $10.21. NetQin Mobile
Inc (ADR) (NYSE:NQ) is the fifth most oversold U.S.-listed Chinese stock on Jan.
20. It was down 2.4% on the day. NQs upside potential is 53.0% based on
brokerage analysts average target price of $11.00. It is trading at 60.4% of its
52-week high of $11.90, and 107.8% above its 52-week low of $3.46. JA Solar
Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the sixth most oversold U.S.-listed
Chinese stock on Jan. 20. It was down 2.2% on the day. JASOs upside potential is
55.5% based on brokerage analysts average target price of $2.74. It is trading
at 20.5% of its 52-week high of $8.57, and 45.5% above its 52-week low of $1.21.
Trina Solar Limited (ADR) (NYSE:TSL) is the seventh most oversold U.S.-listed
Chinese stock on Jan. 20. It was down 2.2% on the day. TSLs upside potential is
34.8% based on brokerage analysts average target price of $10.92. It is trading
at 26.1% of its 52-week high of $31.08, and 53.4% above its 52-week low of
$5.28. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the eighth most oversold
U.S.-listed Chinese stock on Jan. 20. It was down 1.5% on the day. PWRDs upside
potential is 79.8% based on brokerage analysts average target price of $19.30.
It is trading at 36.9% of its 52-week high of $29.10, and 27.1% above its
52-week low of $8.44. TAL Education Group (ADR) (NYSE:XRS) is the ninth most
oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day. XRSs
upside potential is 36.3% based on brokerage analysts average target price of
$14.50. It is trading at 66.1% of its 52-week high of $16.10, and 26.5% above
its 52-week low of $8.41. 21Vianet Group Inc (NASDAQ:VNET) is the 10th most
oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day.
VNETs upside potential is 70.9% based on brokerage analysts average target price
of $17.52. It is trading at 45.9% of its 52-week high of $22.33, and 23.3% above
its 52-week low of $8.31. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the 11th
most oversold U.S.-listed Chinese stock on Jan. 20. It was down 1.2% on the day.
ISSs upside potential is 64.5% based on brokerage analysts average target price
of $15.50. It is trading at 41.6% of its 52-week high of $22.63, and 66.4% above
its 52-week low of $5.66. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the
12th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.9% on the
day. HTHTs upside potential is 48.8% based on brokerage analysts average target
price of $20.96. It is trading at 62.6% of its 52-week high of $22.50, and 17.3%
above its 52-week low of $12.00. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the
13th most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.7% on the
day. FSINs upside potential is 18.3% based on brokerage analysts average target
price of $9.67. It is trading at 80.3% of its 52-week high of $10.18, and 101.2%
above its 52-week low of $4.06. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 14th
most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.7% on the day.
BIDUs upside potential is 45.3% based on brokerage analysts average target price
of $178.45. It is trading at 74.0% of its 52-week high of $165.96, and 21.6%
above its 52-week low of $100.95. CNOOC Limited (ADR) (NYSE:CEO) is the 15th
most oversold U.S.-listed Chinese stock on Jan. 20. It was down 0.6% on the day.
CEOs upside potential is 21.7% based on brokerage analysts average target price
of $243.00. It is trading at 73.4% of its 52-week high of $271.94, and 41.3%
above its 52-week low of $141.27. Mindray Medical International Ltd (ADR)
(NYSE:MR) is the 16th most oversold U.S.-listed Chinese stock on Jan. 20. It was
down 0.5% on the day. MRs upside potential is 8.0% based on brokerage analysts
average target price of $32.05. It is trading at 95.1% of its 52-week high of
$31.21, and 39.7% above its 52-week low of $21.25. Shanda Games Limited(ADR)
(NASDAQ:GAME) is the 17th most oversold U.S.-listed Chinese stock on Jan. 20. It
was down 0.4% on the day. GAMEs upside potential is 25.9% based on brokerage
analysts average target price of $5.95. It is trading at 61.4% of its 52-week
high of $7.70, and 36.7% above its 52-week low of $3.46. PetroChina Company
Limited (ADR) (NYSE:PTR) is the 18th most oversold U.S.-listed Chinese stock on
Jan. 20. It was down 0.4% on the day. PTRs upside potential is 8.5% based on
brokerage analysts average target price of $158.00. It is trading at 91.7% of
its 52-week high of $158.83, and 30.8% above its 52-week low of $111.29. China
Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 19th most oversold
U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. SNPs upside
potential is 9.4% based on brokerage analysts average target price of $128.33.
It is trading at 98.4% of its 52-week high of $119.19, and 42.2% above its
52-week low of $82.50. Sohu.com Inc. (NASDAQ:SOHU) is the 20th most oversold
U.S.-listed Chinese stock on Jan. 20. It was down 0.4% on the day. SOHUs upside
potential is 28.1% based on brokerage analysts average target price of $76.08.
It is trading at 54.3% of its 52-week high of $109.37, and 30.8% above its
52-week low of $45.40.
Google Alert - antiques coin
| ||
| Opening Bid $1- Jewelry, Gold Coins, Art - Saturday, Jan. 21, 7:30 ... DigitalJournal.com The auction will feature Gold Coins, High End Jewelry, Antiques, Rolex Watches, Art, Cars, Boat, Sports Memorabilia, Hollywood Memorabilia and Collectibles. |
Tip: Use a minus sign (-) in front of terms in your query that you want to exclude. Learn more.
Delete this alert.
Create another alert.
Manage your alerts.
Tech Giants (Mostly) Shine With Earnings
In late December, Oracle (NASDAQ: ORCL ) did something it rarely does: It
missed on its quarterly earnings . And the stock plunged 13% on the news. So was
this a sign that tech spending was slowing down? Or was it an issue specific to
Oracle, such as with its hardware business? Well, based on the batch of earnings
reports Thursday, it looks like tech still is showing strength. Here's a
run-down: Microsoft (NASDAQ: MSFT ): The company saw a nice boost from its
infrastructure software business especially with servers as well as the Xbox
segment (the Christmas season was particularly strong). As business spending
picks up, Microsoft is benefiting from its broad suite of products. They include
offerings like Exchange, SharePoint, Lync, Windows Server and Dynamics CRM. Yet
there were some troublesome results from the Windows franchise. In the quarter,
revenues fell by 6%. While the business still generates substantial cash flows,
the long-term prospects look bleak especially as it has lagged in areas like
tablets and smartphones. IBM (NYSE: IBM ): Even though IBM is 100 years old, it
still knows how to keep up the momentum. In the latest quarter, revenues
increased by 4% and profits came to $5.5 billion, or $4.62 per share. Key to
IBM's success is the software business, which was up 9%. The company has been
aggressive with its acquisitions over the years. And going into 2012, it would
not be surprising if it moves more into the cloud space. But IBM always is about
the long haul. To this end, the company believes it will achieve its 2015 goal
of achieving $20 per share in earnings. Intel (NASDAQ: INTC) : The company looks
poised for a strong 2012, with key drivers being ultrabooks, smartphone chips
and infrastructure systems (especially for datacenters). In fact, Intel is
likely to remain a big beneficiary of cloud computing, which requires lots of
processing power. For the prior year, Intel posted an impress 24% increase in
sales to $54 billion. Keep in mind that the company has invested heavily in
research & development, which has resulted an impressive offering of innovative
technologies. Google (NASDAQ: GOOG ): Among Big Tech, the company certainly had
the worst report a rare miss and the stock was off more than 8% in Friday
trading. While the consensus was for $8.41 billion in revenues and $10.49 per
share in earnings, the company instead posted $8.13 billion and $9.50 per share,
respectively. Kevin Kelleher has an excellent take on this . He points out that
a troubling development was Google's 8% drop in its cost-per-click rates.
Unfortunately, the company was vague about the rationale, saying there have been
some changes in ad formats and search algorithms. Yet investors are wondering:
Is Facebook making big-time inroads in Google's business? With the company
expected to go public soon , there is lots of motivation to increase
monetization which probably means taking business away from Google. Tom Taulli
runs the InvestorPlace blog IPOPlaybook , a site dedicated to the hottest news
and rumors about initial public offerings. He also is the author of "All About
Short Selling" and "All About Commodities." Follow him on Twitter at
@ttaulli . As of this writing, he did not own a position in any of the
aforementioned securities.
missed on its quarterly earnings . And the stock plunged 13% on the news. So was
this a sign that tech spending was slowing down? Or was it an issue specific to
Oracle, such as with its hardware business? Well, based on the batch of earnings
reports Thursday, it looks like tech still is showing strength. Here's a
run-down: Microsoft (NASDAQ: MSFT ): The company saw a nice boost from its
infrastructure software business especially with servers as well as the Xbox
segment (the Christmas season was particularly strong). As business spending
picks up, Microsoft is benefiting from its broad suite of products. They include
offerings like Exchange, SharePoint, Lync, Windows Server and Dynamics CRM. Yet
there were some troublesome results from the Windows franchise. In the quarter,
revenues fell by 6%. While the business still generates substantial cash flows,
the long-term prospects look bleak especially as it has lagged in areas like
tablets and smartphones. IBM (NYSE: IBM ): Even though IBM is 100 years old, it
still knows how to keep up the momentum. In the latest quarter, revenues
increased by 4% and profits came to $5.5 billion, or $4.62 per share. Key to
IBM's success is the software business, which was up 9%. The company has been
aggressive with its acquisitions over the years. And going into 2012, it would
not be surprising if it moves more into the cloud space. But IBM always is about
the long haul. To this end, the company believes it will achieve its 2015 goal
of achieving $20 per share in earnings. Intel (NASDAQ: INTC) : The company looks
poised for a strong 2012, with key drivers being ultrabooks, smartphone chips
and infrastructure systems (especially for datacenters). In fact, Intel is
likely to remain a big beneficiary of cloud computing, which requires lots of
processing power. For the prior year, Intel posted an impress 24% increase in
sales to $54 billion. Keep in mind that the company has invested heavily in
research & development, which has resulted an impressive offering of innovative
technologies. Google (NASDAQ: GOOG ): Among Big Tech, the company certainly had
the worst report a rare miss and the stock was off more than 8% in Friday
trading. While the consensus was for $8.41 billion in revenues and $10.49 per
share in earnings, the company instead posted $8.13 billion and $9.50 per share,
respectively. Kevin Kelleher has an excellent take on this . He points out that
a troubling development was Google's 8% drop in its cost-per-click rates.
Unfortunately, the company was vague about the rationale, saying there have been
some changes in ad formats and search algorithms. Yet investors are wondering:
Is Facebook making big-time inroads in Google's business? With the company
expected to go public soon , there is lots of motivation to increase
monetization which probably means taking business away from Google. Tom Taulli
runs the InvestorPlace blog IPOPlaybook , a site dedicated to the hottest news
and rumors about initial public offerings. He also is the author of "All About
Short Selling" and "All About Commodities." Follow him on Twitter at
@ttaulli . As of this writing, he did not own a position in any of the
aforementioned securities.
Apple Inc. (NASDAQ:AAPL) Planning To Open Stores
Apple Inc. (NASDAQ:AAPL) has decided to open its own stores in India. Apple
Inc. (NASDAQ:AAPL) Planning To Open Stores According to a department of
industrial policy and promotion (DIPP) official, the US based smartphone maker
giant Apple Inc. (NASDAQ:AAPL) may open its own shops in India soon. Apple Inc.
(NASDAQ:AAPL) has made this move following the Indian government's decision to
allow full ownership of single-brand retail stores by foreign companies.
However, Apple Inc. (NASDAQ:AAPL) has not officially commented on the report
yet. Apple Inc. (NASDAQ:AAPL) stocks were at 427.75 at the end of the last days
trading. Theres been a 7.7% change in the stock price over the past 3 months.
Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.16 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.21 Zacks
Rank: 2 out of 2 in the industry
Inc. (NASDAQ:AAPL) Planning To Open Stores According to a department of
industrial policy and promotion (DIPP) official, the US based smartphone maker
giant Apple Inc. (NASDAQ:AAPL) may open its own shops in India soon. Apple Inc.
(NASDAQ:AAPL) has made this move following the Indian government's decision to
allow full ownership of single-brand retail stores by foreign companies.
However, Apple Inc. (NASDAQ:AAPL) has not officially commented on the report
yet. Apple Inc. (NASDAQ:AAPL) stocks were at 427.75 at the end of the last days
trading. Theres been a 7.7% change in the stock price over the past 3 months.
Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.16 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.21 Zacks
Rank: 2 out of 2 in the industry
Top 10 Personal Services Stocks with Highest Upside: ATAI, DL, AM, January 20, 2012, NED, DVOX, CAST, FACE, SUMR, TUC (Jan 20, 2012)
Below are the top 10 Personal Services stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. Five Chinese companies (ATAI, DL, DATE, NED, CAST) are on the
list. ATA Inc.(ADR) (NASDAQ:ATAI) has the 1st highest upside potential in this
segment of the market. Its upside is 162.3%. Its consensus target price is
$16.50 based on the average of all estimates. China Distance Education Hldgs Ltd
(ADR) (NYSE:DL) has the 2nd highest upside potential in this segment of the
market. Its upside is 162.2%. Its consensus target price is $5.90 based on the
average of all estimates. American Greetings Corporation (NYSE:AM) has the 3rd
highest upside potential in this segment of the market. Its upside is 112.6%.
Its consensus target price is $30.00 based on the average of all estimates.
Jiayuan.com International Ltd (NASDAQ:DATE) has the 4th highest upside potential
in this segment of the market. Its upside is 101.0%. Its consensus target price
is $13.27 based on the average of all estimates. Noah Education Holdings Ltd.
(ADR) (NYSE:NED) has the 5th highest upside potential in this segment of the
market. Its upside is 75.9%. Its consensus target price is $3.50 based on the
average of all estimates. DynaVox, Inc. (NASDAQ:DVOX) has the 6th highest upside
potential in this segment of the market. Its upside is 75.0%. Its consensus
target price is $6.33 based on the average of all estimates. Chinacast Education
Corporation (NASDAQ:CAST) has the 7th highest upside potential in this segment
of the market. Its upside is 64.0%. Its consensus target price is $10.25 based
on the average of all estimates. Physicians Formula Holdings, Inc. (NASDAQ:FACE)
has the 8th highest upside potential in this segment of the market. Its upside
is 61.7%. Its consensus target price is $4.85 based on the average of all
estimates. Summer Infant, Inc. (NASDAQ:SUMR) has the 9th highest upside
potential in this segment of the market. Its upside is 57.5%. Its consensus
target price is $8.46 based on the average of all estimates. Mac-Gray
Corporation (NYSE:TUC) has the 10th highest upside potential in this segment of
the market. Its upside is 52.3%. Its consensus target price is $20.00 based on
the average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. Five Chinese companies (ATAI, DL, DATE, NED, CAST) are on the
list. ATA Inc.(ADR) (NASDAQ:ATAI) has the 1st highest upside potential in this
segment of the market. Its upside is 162.3%. Its consensus target price is
$16.50 based on the average of all estimates. China Distance Education Hldgs Ltd
(ADR) (NYSE:DL) has the 2nd highest upside potential in this segment of the
market. Its upside is 162.2%. Its consensus target price is $5.90 based on the
average of all estimates. American Greetings Corporation (NYSE:AM) has the 3rd
highest upside potential in this segment of the market. Its upside is 112.6%.
Its consensus target price is $30.00 based on the average of all estimates.
Jiayuan.com International Ltd (NASDAQ:DATE) has the 4th highest upside potential
in this segment of the market. Its upside is 101.0%. Its consensus target price
is $13.27 based on the average of all estimates. Noah Education Holdings Ltd.
(ADR) (NYSE:NED) has the 5th highest upside potential in this segment of the
market. Its upside is 75.9%. Its consensus target price is $3.50 based on the
average of all estimates. DynaVox, Inc. (NASDAQ:DVOX) has the 6th highest upside
potential in this segment of the market. Its upside is 75.0%. Its consensus
target price is $6.33 based on the average of all estimates. Chinacast Education
Corporation (NASDAQ:CAST) has the 7th highest upside potential in this segment
of the market. Its upside is 64.0%. Its consensus target price is $10.25 based
on the average of all estimates. Physicians Formula Holdings, Inc. (NASDAQ:FACE)
has the 8th highest upside potential in this segment of the market. Its upside
is 61.7%. Its consensus target price is $4.85 based on the average of all
estimates. Summer Infant, Inc. (NASDAQ:SUMR) has the 9th highest upside
potential in this segment of the market. Its upside is 57.5%. Its consensus
target price is $8.46 based on the average of all estimates. Mac-Gray
Corporation (NYSE:TUC) has the 10th highest upside potential in this segment of
the market. Its upside is 52.3%. Its consensus target price is $20.00 based on
the average of all estimates.
Friday Apple Rumors: Amazon Trims Kindle Fire Production in Advance of iPad 3 Launch
Here are today's Apple rumors and AAPL stock items. Amazon Braces Kindle Fire
for iPad 3 Impact: Amazon (NASDAQ: AMZN ) will halve orders for its Kindle Fire
tablet during the first quarter of 2012. The online retailer will, according to
a Friday report at Apple Insider , cut production to 3 million tablets due to
lower, post-holiday demand and the impending release of Apples third-generation
iPad. Apple is expected to announce and release the iPad 3 during the first
quarter. Rumors suggest that Apple will also continue to produce the current
iPad 2 model and reposition it as a low-cost alternative to the high-end iPad 3.
This means that Apple and Amazon will potentially be competing on equal price
footing by the end of spring. Amazon, meanwhile, is rumored to be preparing
multiple new Kindle Fire models, including a high-end model that will more
directly compete with the iPad in terms of functionality. Apple Market Cap
Crests $400 Billion: Apple ended the week on an exciting note. After announcing
its new textbook-centric initiative with the iBooks 2, iBooks Author, and iTunes
U apps, the companys market cap passed $400 billion for the first time, bringing
it ever closer to becoming the most valuable company in the world. Right now
Exxon Mobil (NYSE: XOM ) continues to claim that title with a market cap of $417
billion. As of this writing, Apples market cap has dipped back down, to just
above $395 billion. China Telecom Finally Gets iPhone: Rumors that its
competitors will support the iPhone have swirled for years now, but China Unicom
(NYSE: CHU ) remains the sole official carrier of Apples device in China. A
Friday report in the Wall Street Journal , however, said that China Telecom
(NYSE: CHA ) may finally get its shot at the market. Apple was granted a license
for an iPhone model compatible with China Telecoms network . Apple and China
Telecom have yet to confirm that the iPhone will branch out in China. Given
Apples lust for expansion in the region, though, this new certification seems a
sure sign that the iPhone will no longer be a one-telecom phone in China. As of
this writing, Anthony John Agnello did not hold a position in any of the
aforementioned stocks. Follow him on Twitter at
for iPad 3 Impact: Amazon (NASDAQ: AMZN ) will halve orders for its Kindle Fire
tablet during the first quarter of 2012. The online retailer will, according to
a Friday report at Apple Insider , cut production to 3 million tablets due to
lower, post-holiday demand and the impending release of Apples third-generation
iPad. Apple is expected to announce and release the iPad 3 during the first
quarter. Rumors suggest that Apple will also continue to produce the current
iPad 2 model and reposition it as a low-cost alternative to the high-end iPad 3.
This means that Apple and Amazon will potentially be competing on equal price
footing by the end of spring. Amazon, meanwhile, is rumored to be preparing
multiple new Kindle Fire models, including a high-end model that will more
directly compete with the iPad in terms of functionality. Apple Market Cap
Crests $400 Billion: Apple ended the week on an exciting note. After announcing
its new textbook-centric initiative with the iBooks 2, iBooks Author, and iTunes
U apps, the companys market cap passed $400 billion for the first time, bringing
it ever closer to becoming the most valuable company in the world. Right now
Exxon Mobil (NYSE: XOM ) continues to claim that title with a market cap of $417
billion. As of this writing, Apples market cap has dipped back down, to just
above $395 billion. China Telecom Finally Gets iPhone: Rumors that its
competitors will support the iPhone have swirled for years now, but China Unicom
(NYSE: CHU ) remains the sole official carrier of Apples device in China. A
Friday report in the Wall Street Journal , however, said that China Telecom
(NYSE: CHA ) may finally get its shot at the market. Apple was granted a license
for an iPhone model compatible with China Telecoms network . Apple and China
Telecom have yet to confirm that the iPhone will branch out in China. Given
Apples lust for expansion in the region, though, this new certification seems a
sure sign that the iPhone will no longer be a one-telecom phone in China. As of
this writing, Anthony John Agnello did not hold a position in any of the
aforementioned stocks. Follow him on Twitter at
Todays Gold price per ounce spot gold price per gram; Silver price per ounce; Price of Gold Silver Mid-Day Updates
Gold Price Silver Price Trend-line News Today Mid-Day Marks: The dollar gained
strength once again during the last trading session and the euro weakened. As is
often the case, this action paired with losses observed with precious metal gold
rates initially. Price trend-line movement for both gold and silver recovered
though, as of the mid-day mark, as the safe haven appeal of precious metals took
hold once again. Investors sought out the safe haven reassurance of precious
metal positioning as fears pertaining to the ongoing debt crisis re-emerged. At
the midday mark, precious metal gold and silver contracts were posting positive
floor prices. Gold price per ounce and Silver price per ounce rates Mid-Day:
Contract gold for February delivery was posting higher by .21 percent at 1658
per troy ounce according to mid-day floor price values. Contract Silver for
March delivery was posting higher at 30.51 per troy ounce according to mid-day
floor price values. Spot gold price per gram and spot silver price per ounce:
Halfway through the trading session today, spot gold price per gram and spot
silver price per ounce trends were positive. Spot gold price per gram was higher
by .32 at 53.51. Spot silver per ounce was green by 1.0 at 31.50 at the mid-day
mark. Camillo Zucari
strength once again during the last trading session and the euro weakened. As is
often the case, this action paired with losses observed with precious metal gold
rates initially. Price trend-line movement for both gold and silver recovered
though, as of the mid-day mark, as the safe haven appeal of precious metals took
hold once again. Investors sought out the safe haven reassurance of precious
metal positioning as fears pertaining to the ongoing debt crisis re-emerged. At
the midday mark, precious metal gold and silver contracts were posting positive
floor prices. Gold price per ounce and Silver price per ounce rates Mid-Day:
Contract gold for February delivery was posting higher by .21 percent at 1658
per troy ounce according to mid-day floor price values. Contract Silver for
March delivery was posting higher at 30.51 per troy ounce according to mid-day
floor price values. Spot gold price per gram and spot silver price per ounce:
Halfway through the trading session today, spot gold price per gram and spot
silver price per ounce trends were positive. Spot gold price per gram was higher
by .32 at 53.51. Spot silver per ounce was green by 1.0 at 31.50 at the mid-day
mark. Camillo Zucari
Mixed Market News Explained
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Up and up and up. Where does it stop? Stocks kept climbing again yesterday, with the Dow tacking on another 45 points to post a fresh six-month high. I’m not one to complain when my brokerage balances are going up. Still, I have to wonder how much longer this Yellow Submarine party can continue. Yesterday, before the opening bell, the Commerce Department reported housing starts for December fell 4.1%, capping the worst year ever for construction of single-family homes. The December count came in well below what economists had projected. Yet the SPDR S&P Homebuilders (NYSE: XHB ) ETF, which tracks the homebuilder stocks in the S&P, touched a new 52-week high yesterday, up 56% from its October low. UBS (NYSE: UBS ) downgraded the homebuilder stocks yesterday, following on the heels of Goldman Sachs (NYSE: GS ) last week, but the stocks rose anyway . Go figure. At least we can say that three of my tech companies reported honest-to-goodness healthy earnings after the close: IBM (NYSE: IBM ), Microsoft (NASDAQ: MSFT ) and Intel (NASDAQ: INTC ). If you own any of this trio, you should be very happy. Hold onto them, but don’t add to your stake just now — they’re all well above my buy limits. Gold mining shares, on the other hand, are looking more and more tempting. It’s now pretty obvious that the Midas metal formed a significant bottom around $1,523 an ounce during late December. However, mining stocks have lagged the subsequent rally. Relative to bullion, in fact, the widely followed Gold Bugs Index of gold shares sank yesterday to its lowest level since March 2009. Yes, I’m aware that mining poses certain risks that bullion doesn’t: Bad weather, equipment failure, surging energy costs, lower-than-expected ore grades, labor unrest, government interference via taxes and regulations, etc. But a rising bullion price covers a multitude of these sins. At 8 times estimated 2012 earnings, a business like Barrick Gold (NYSE: ABX ) would be cheap even if it were a stodgy, rusty industrial outfit. Which, of course, it isn’t! So, you don’t have to be a gold bug to like Barrick. All you need is an old-fashioned nose for value. Buy ABX at $48 or less. From here, I’m projecting a total return (dividends plus capital appreciation) of 30% or more in the next 12 months.
Gold Price Rebounds, $1 Trillion in QE3 Looming?
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD PRICE NEWS – The gold price rebounded from earlier losses Friday morning to trade back near unchanged at $1,658 per ounce.
Analyst Actions on Chinese Stocks: AMAP, CHA, CHL, CHOP, HMIN, HTHT, LAS, SINA … (Jan 20, 2012)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest
Macquarie Updates “Top Picks” in Gold Sector
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 “We remain bullish on precious metals. The recent weakness caused by evaporating liquidity and a stronger U.S. dollar is unlikely to persist, with gold likely to benefit from a return of investor appetite for something other than U.S. dollar cash equivalents, given risks still remain elevated.” The above commentary is from a recent report by Macquarie Capital Markets, which updated its “Top Picks” in the gold stocks sector.
Vodafone Receives $4.4B Bill, Doesn’t Pay Squat
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace British mobile telecommunications company Vodafone (NASDAQ: VOD ) was let off the hook for a massive, $4.4 billion bill issued by Mumbai’s high court. This move, made by India’s Supreme Court, absolved Vodafone of a $4.4 billion bill in penalties and back taxes and will hopefully remove many uncertainties foreign companies may have with investing in India in the future. The dispute began in May 2007 when Vodafone International Holdings BV — Vodafone’s Dutch subsidiary — gained a 67% stake in a Cayman Islands company called CGP Investments Ltd. This company held the Indian telecom assets of Hutchison Telecommunications — another 2007 acquisition. With this in mind, Mumbai’s high court decided the indirect transfer of Indian assets during the deal, which accrue revenue in India, made Vodafone liable for taxation. However, Vodafone vehemently argued that because the deal took place between two foreign entities, no tax should be owed to India. As it turned out, India’s Supreme court agreed with Vodafone’s argument, thus providing much relief to at least six other companies facing similar litigation:
Macquarie Updates “Top Picks” in Gold Sector
We remain bullish on precious metals. The recent weakness caused by evaporating
liquidity and a stronger U.S. dollar is unlikely to persist, with gold likely to
benefit from a return of investor appetite for something other than U.S. dollar
cash equivalents, given risks still remain elevated. The above commentary is
from a recent report by Macquarie Capital Markets, which updated its Top Picks
in the gold stocks sector.
liquidity and a stronger U.S. dollar is unlikely to persist, with gold likely to
benefit from a return of investor appetite for something other than U.S. dollar
cash equivalents, given risks still remain elevated. The above commentary is
from a recent report by Macquarie Capital Markets, which updated its Top Picks
in the gold stocks sector.
Gold Price Rebounds, $1 Trillion in QE3 Looming?
GOLD PRICE NEWS – The gold price rebounded from earlier losses Friday morning
to trade back near unchanged at $1,658 per ounce.
to trade back near unchanged at $1,658 per ounce.
Macquarie Updates “Top Picks” in Gold Sector
We remain bullish on precious metals. The recent weakness caused by evaporating
liquidity and a stronger U.S. dollar is unlikely to persist, with gold likely to
benefit from a return of investor appetite for something other than U.S. dollar
cash equivalents, given risks still remain elevated. The above commentary is
from a recent report by Macquarie Capital Markets, which updated its Top Picks
in the gold stocks sector.
liquidity and a stronger U.S. dollar is unlikely to persist, with gold likely to
benefit from a return of investor appetite for something other than U.S. dollar
cash equivalents, given risks still remain elevated. The above commentary is
from a recent report by Macquarie Capital Markets, which updated its Top Picks
in the gold stocks sector.
Gold Price Rebounds, $1 Trillion in QE3 Looming?
GOLD PRICE NEWS – The gold price rebounded from earlier losses Friday morning
to trade back near unchanged at $1,658 per ounce.
to trade back near unchanged at $1,658 per ounce.
Mixed Market News Explained
Up and up and up. Where does it stop? Stocks kept climbing again yesterday,
with the Dow tacking on another 45 points to post a fresh six-month high. Im not
one to complain when my brokerage balances are going up. Still, I have to wonder
how much longer this Yellow Submarine party can continue. Yesterday, before the
opening bell, the Commerce Department reported housing starts for December fell
4.1%, capping the worst year ever for construction of single-family homes. The
December count came in well below what economists had projected. Yet the SPDR
S&P Homebuilders (NYSE: XHB ) ETF, which tracks the homebuilder stocks in the
S&P, touched a new 52-week high yesterday, up 56% from its October low. UBS
(NYSE: UBS ) downgraded the homebuilder stocks yesterday, following on the heels
of Goldman Sachs (NYSE: GS ) last week, but the stocks rose anyway . Go figure.
At least we can say that three of my tech companies reported honest-to-goodness
healthy earnings after the close: IBM (NYSE: IBM ), Microsoft (NASDAQ: MSFT )
and Intel (NASDAQ: INTC ). If you own any of this trio, you should be very
happy. Hold onto them, but dont add to your stake just now theyre all well
above my buy limits. Gold mining shares, on the other hand, are looking more and
more tempting. Its now pretty obvious that the Midas metal formed a significant
bottom around $1,523 an ounce during late December. However, mining stocks have
lagged the subsequent rally. Relative to bullion, in fact, the widely followed
Gold Bugs Index of gold shares sank yesterday to its lowest level since March
2009. Yes, Im aware that mining poses certain risks that bullion doesnt: Bad
weather, equipment failure, surging energy costs, lower-than-expected ore
grades, labor unrest, government interference via taxes and regulations, etc.
But a rising bullion price covers a multitude of these sins. At 8 times
estimated 2012 earnings, a business like Barrick Gold (NYSE: ABX ) would be
cheap even if it were a stodgy, rusty industrial outfit. Which, of course, it
isnt! So, you dont have to be a gold bug to like Barrick. All you need is an
old-fashioned nose for value. Buy ABX at $48 or less. From here, Im projecting a
total return (dividends plus capital appreciation) of 30% or more in the next 12
months.
with the Dow tacking on another 45 points to post a fresh six-month high. Im not
one to complain when my brokerage balances are going up. Still, I have to wonder
how much longer this Yellow Submarine party can continue. Yesterday, before the
opening bell, the Commerce Department reported housing starts for December fell
4.1%, capping the worst year ever for construction of single-family homes. The
December count came in well below what economists had projected. Yet the SPDR
S&P Homebuilders (NYSE: XHB ) ETF, which tracks the homebuilder stocks in the
S&P, touched a new 52-week high yesterday, up 56% from its October low. UBS
(NYSE: UBS ) downgraded the homebuilder stocks yesterday, following on the heels
of Goldman Sachs (NYSE: GS ) last week, but the stocks rose anyway . Go figure.
At least we can say that three of my tech companies reported honest-to-goodness
healthy earnings after the close: IBM (NYSE: IBM ), Microsoft (NASDAQ: MSFT )
and Intel (NASDAQ: INTC ). If you own any of this trio, you should be very
happy. Hold onto them, but dont add to your stake just now theyre all well
above my buy limits. Gold mining shares, on the other hand, are looking more and
more tempting. Its now pretty obvious that the Midas metal formed a significant
bottom around $1,523 an ounce during late December. However, mining stocks have
lagged the subsequent rally. Relative to bullion, in fact, the widely followed
Gold Bugs Index of gold shares sank yesterday to its lowest level since March
2009. Yes, Im aware that mining poses certain risks that bullion doesnt: Bad
weather, equipment failure, surging energy costs, lower-than-expected ore
grades, labor unrest, government interference via taxes and regulations, etc.
But a rising bullion price covers a multitude of these sins. At 8 times
estimated 2012 earnings, a business like Barrick Gold (NYSE: ABX ) would be
cheap even if it were a stodgy, rusty industrial outfit. Which, of course, it
isnt! So, you dont have to be a gold bug to like Barrick. All you need is an
old-fashioned nose for value. Buy ABX at $48 or less. From here, Im projecting a
total return (dividends plus capital appreciation) of 30% or more in the next 12
months.
Vodafone Receives $4.4B Bill, Doesn’t Pay Squat
British mobile telecommunications company Vodafone (NASDAQ: VOD ) was let off
the hook for a massive, $4.4 billion bill issued by Mumbais high court. This
move, made by Indias Supreme Court, absolved Vodafone of a $4.4 billion bill in
penalties and back taxes and will hopefully remove many uncertainties foreign
companies may have with investing in India in the future. The dispute began in
May 2007 when Vodafone International Holdings BV Vodafones Dutch subsidiary
gained a 67% stake in a Cayman Islands company called CGP Investments Ltd. This
company held the Indian telecom assets of Hutchison Telecommunications another
2007 acquisition. With this in mind, Mumbais high court decided the indirect
transfer of Indian assets during the deal, which accrue revenue in India, made
Vodafone liable for taxation. However, Vodafone vehemently argued that because
the deal took place between two foreign entities, no tax should be owed to
India. As it turned out, Indias Supreme court agreed with Vodafones argument,
thus providing much relief to at least six other companies facing similar
litigation:
the hook for a massive, $4.4 billion bill issued by Mumbais high court. This
move, made by Indias Supreme Court, absolved Vodafone of a $4.4 billion bill in
penalties and back taxes and will hopefully remove many uncertainties foreign
companies may have with investing in India in the future. The dispute began in
May 2007 when Vodafone International Holdings BV Vodafones Dutch subsidiary
gained a 67% stake in a Cayman Islands company called CGP Investments Ltd. This
company held the Indian telecom assets of Hutchison Telecommunications another
2007 acquisition. With this in mind, Mumbais high court decided the indirect
transfer of Indian assets during the deal, which accrue revenue in India, made
Vodafone liable for taxation. However, Vodafone vehemently argued that because
the deal took place between two foreign entities, no tax should be owed to
India. As it turned out, Indias Supreme court agreed with Vodafones argument,
thus providing much relief to at least six other companies facing similar
litigation:
Subscribe to:
Posts (Atom)
LinkWithin
