Stocks opened higher on Monday, but within 30 minutes, the top of the day had
been reached. By noon, a round of heavy selling had driven the Dow Jones
Industrial Average down 100 points to its low of the day.
Monday, January 23, 2012
Major Commodities Started the Week Rising–Recap January 23
Major commodities prices started off the week with sharp gains especially for
the energy commodities including crude oil prices and natural gas prices. The
Euro and other currencies including Canadian dollar rallied from Fridays falls
and appreciated against the U.S. dollar on Monday. Here is a summary of the
price developments of precious metals and energy commodities for January 23rd,
2012: Precious Metals Prices: Gold price increased on Monday by 0.86% to
$1,678.3; Silver price also rose by 1.88% to reach $32.27. During January, gold
increased by 7.1%, and silver by 15.6%.
the energy commodities including crude oil prices and natural gas prices. The
Euro and other currencies including Canadian dollar rallied from Fridays falls
and appreciated against the U.S. dollar on Monday. Here is a summary of the
price developments of precious metals and energy commodities for January 23rd,
2012: Precious Metals Prices: Gold price increased on Monday by 0.86% to
$1,678.3; Silver price also rose by 1.88% to reach $32.27. During January, gold
increased by 7.1%, and silver by 15.6%.
Todays Gold Price per ounce Spot gold price per gram; Silver price per ounce; Gold Silver News Today
Gold Price Silver Price Precious Metal Market News: Little economic news was
scheduled to post in the U.S. to open the trading week and so investors turned
attention towards the eurozone debt crisis. Anxieties increased during the
opening session as attention was paid to the ongoing debt talks in Greece.
Ultimately, the gravity of the talks weighed on the minds of investors and
pulled on the primary indices during the opening session. Uncertainty regarding
the debt resolution action plans helped to push safe haven interest higher. The
dollar also lost ground to the euro during the last session which helped to push
precious metal gold acquisitions higher. Both precious metal gold contract and
precious metal silver contract price trend-lines moved positively over the
course of the last session. Gold Price per ounce Silver Price per ounce Close
Value: February contract gold closed the last trading session higher overall by
.86 percent. Closing floor price for gold posted at 1678.30 per troy ounce.
March contract silver finished the last session higher by 1.88 percent and
posted a closing floor price of 32.27 per troy ounce. Spot gold price per gram
and Spot silver price per ounce: After last session close and prior to opening
bell today, spot gold per gram price trend-line and spot silver per ounce price
trend-line moved positively. Spot gold price per gram was higher by .26 at 53.76
and spot silver price per ounce was green by .60 at 32.28. Camillo Zucari
scheduled to post in the U.S. to open the trading week and so investors turned
attention towards the eurozone debt crisis. Anxieties increased during the
opening session as attention was paid to the ongoing debt talks in Greece.
Ultimately, the gravity of the talks weighed on the minds of investors and
pulled on the primary indices during the opening session. Uncertainty regarding
the debt resolution action plans helped to push safe haven interest higher. The
dollar also lost ground to the euro during the last session which helped to push
precious metal gold acquisitions higher. Both precious metal gold contract and
precious metal silver contract price trend-lines moved positively over the
course of the last session. Gold Price per ounce Silver Price per ounce Close
Value: February contract gold closed the last trading session higher overall by
.86 percent. Closing floor price for gold posted at 1678.30 per troy ounce.
March contract silver finished the last session higher by 1.88 percent and
posted a closing floor price of 32.27 per troy ounce. Spot gold price per gram
and Spot silver price per ounce: After last session close and prior to opening
bell today, spot gold per gram price trend-line and spot silver per ounce price
trend-line moved positively. Spot gold price per gram was higher by .26 at 53.76
and spot silver price per ounce was green by .60 at 32.28. Camillo Zucari
6 Companies With The Strangest Perks
Last week, we told you about FORTUNE's 100 Best Companies to Work For . This
week, its all about the perks. Sure, a nice salary will put food on the table
and a roof over your head, but perks like a company-issued iPad or frequent
flier miles will make the weekdays that much more enjoyable. While these
particular perks arent what most people are expecting and may be considered odd
or unusual by most companies standards, they sure beat complimentary coffee.
Now, if youll excuse me, Ill be foraging for lunch in the company garden. Google
(NASDAQ: GOOG ) Perk: In-house beautician with discounted brow shaping. NetApp
(NASDAQ: NTAP ) Perk: On-campus, $4 million fitness complex. Zappos.com Perk:
Mini-parade for the employee of the month. Alston & Bird Perk: On-site,
subsidized Spanish classes. Southern Ohio Medical Center Perk: Eating lunch
grown from the company garden. Pricewaterhouse Coopers Perk: Option for all
employees to take off five years for dependent care reasons, with a good-faith
return guarantee. Visit CNN Money for the full list . Andrew Lander
@andrewlander
week, its all about the perks. Sure, a nice salary will put food on the table
and a roof over your head, but perks like a company-issued iPad or frequent
flier miles will make the weekdays that much more enjoyable. While these
particular perks arent what most people are expecting and may be considered odd
or unusual by most companies standards, they sure beat complimentary coffee.
Now, if youll excuse me, Ill be foraging for lunch in the company garden. Google
(NASDAQ: GOOG ) Perk: In-house beautician with discounted brow shaping. NetApp
(NASDAQ: NTAP ) Perk: On-campus, $4 million fitness complex. Zappos.com Perk:
Mini-parade for the employee of the month. Alston & Bird Perk: On-site,
subsidized Spanish classes. Southern Ohio Medical Center Perk: Eating lunch
grown from the company garden. Pricewaterhouse Coopers Perk: Option for all
employees to take off five years for dependent care reasons, with a good-faith
return guarantee. Visit CNN Money for the full list . Andrew Lander
@andrewlander
Top 10 NASDAQ-100 Stocks with Highest Upside: NIHD, GMCR, BIDU, EA, WCRX, CTRP, EXPE, VRTX, BMC, ATVI (Jan 23, 2012)
Below are the top 10 stocks in the NASDAQ-100 index
Top-Performing U.S.-Listed Chinese Stocks (Jan 23, 2012)
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tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Noah Holdings Limited (ADR) (NYSE:NOAH) is the best-performing U.S.-listed Chinese stock on Jan. 23. It was up 5.1% on the day. NOAH's upside potential is 190.7% based on brokerage analysts' average target price of $19.92. It is trading at 37.1% of its 52-week high of $18.45, and 19.5% above its 52-week low of $5.73. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is the second best-performing U.S.-listed Chinese stock on Jan. 23. It was up 5.0% on the day. HOLI's upside potential is 33.1% based on brokerage analysts' average target price of $13.60. It is trading at 56.3% of its 52-week high of $18.15, and 125.1% above its 52-week low of $4.54. Shanda Games Limited(ADR) (NASDAQ:GAME) is the third best-performing U.S.-listed Chinese stock on Jan. 23. It was up 3.5% on the day. GAME's upside potential is 55.1% based on brokerage analysts' average target price of $5.95. It is trading at 49.9% of its 52-week high of $7.70, and 11.0% above its 52-week low of $3.46. Phoenix New Media Ltd ADR (NYSE:FENG) is the fourth best-performing U.S.-listed Chinese stock on Jan. 23. It was up 2.7% on the day. FENG's upside potential is 67.4% based on brokerage analysts' average target price of $10.88. It is trading at 43.1% of its 52-week high of $15.09, and 54.8% above its 52-week low of $4.20. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the fifth best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.5% on the day. TUDO's upside potential is 78.7% based on brokerage analysts' average target price of $23.57. It is trading at 47.3% of its 52-week high of $27.91, and 38.8% above its 52-week low of $9.50. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT) is the sixth best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.4% on the day. HSFT's upside potential is 50.7% based on brokerage analysts' average target price of $17.31. It is trading at 33.8% of its 52-week high of $34.00, and 43.3% above its 52-week low of $8.02. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the seventh best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.4% on the day. WX's upside potential is 34.9% based on brokerage analysts' average target price of $18.03. It is trading at 70.0% of its 52-week high of $19.10, and 25.5% above its 52-week low of $10.65. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the eighth best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. MPEL's upside potential is 23.4% based on brokerage analysts' average target price of $13.97. It is trading at 70.1% of its 52-week high of $16.15, and 75.2% above its 52-week low of $6.46. PetroChina Company Limited (ADR) (NYSE:PTR) is the ninth best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. PTR's upside potential is 7.2% based on brokerage analysts' average target price of $158.00. It is trading at 92.8% of its 52-week high of $158.83, and 32.4% above its 52-week low of $111.29. Sohu.com Inc. (NASDAQ:SOHU) is the 10th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. SOHU's upside potential is 26.5% based on brokerage analysts' average target price of $76.08. It is trading at 55.0% of its 52-week high of $109.37, and 32.4% above its 52-week low of $45.40. Seaspan Corporation (NYSE:SSW) is the 11th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. SSW's upside potential is 12.3% based on brokerage analysts' average target price of $17.56. It is trading at 73.3% of its 52-week high of $21.33, and 53.1% above its 52-week low of $10.21. 21Vianet Group Inc (NASDAQ:VNET) is the 12th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. VNET's upside potential is 69.0% based on brokerage analysts' average target price of $17.52. It is trading at 46.4% of its 52-week high of $22.33, and 24.8% above its 52-week low of $8.31. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the 13th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.0% on the day. FSIN's upside potential is 17.3% based on brokerage analysts' average target price of $9.67. It is trading at 80.9% of its 52-week high of $10.18, and 103.0% above its 52-week low of $4.06. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 14th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.9% on the day. BIDU's upside potential is 44.1% based on brokerage analysts' average target price of $178.45. It is trading at 74.6% of its 52-week high of $165.96, and 22.7% above its 52-week low of $100.95. CNOOC Limited (ADR) (NYSE:CEO) is the 15th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.8% on the day. CEO's upside potential is 20.8% based on brokerage analysts' average target price of $243.00. It is trading at 73.9% of its 52-week high of $271.94, and 42.3% above its 52-week low of $141.27. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the 16th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.7% on the day. QIHU's upside potential is 90.5% based on brokerage analysts' average target price of $33.57. It is trading at 48.7% of its 52-week high of $36.21, and 28.5% above its 52-week low of $13.71. Ambow Education Holding Ltd (ADR) (NYSE:AMBO) is the 17th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.6% on the day. AMBO's upside potential is 45.6% based on brokerage analysts' average target price of $10.47. It is trading at 61.0% of its 52-week high of $11.79, and 57.7% above its 52-week low of $4.56. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the 18th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.6% on the day. PWRD's upside potential is 78.8% based on brokerage analysts' average target price of $19.30. It is trading at 37.1% of its 52-week high of $29.10, and 27.8% above its 52-week low of $8.44. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 19th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.5% on the day. CTRP's upside potential is 37.3% based on brokerage analysts' average target price of $38.04. It is trading at 54.8% of its 52-week high of $50.57, and 25.8% above its 52-week low of $22.02. NetEase.com Inc (ADR) (NASDAQ:NTES) is the 20th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.5% on the day. NTES's upside potential is 20.0% based on brokerage analysts' average target price of $58.16. It is trading at 88.1% of its 52-week high of $55.00, and 35.6% above its 52-week low of $35.74.
Energy Stocks Get a Jolt — Monday’s IP Market Recap
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tdp2664 InvestorPlace The energy sector lit up Monday after an announcement from Chesapeake Energy (NYSE: CHK ) regarding its natural gas production. Chesapeake, one of the world's top natural gas producers and responsible for 9% of the nation's natural gas, said it will cut back its production by 8% and heavily reduce its drilling expenditures. Natural gas prices spiked by more than 8%, and CHK — as well as other natural gas producers and even coal companies — headed higher. Southwestern Energy (NYSE: SWN ) stock jumped 10.3%, Range Resources (NYSE: CCR ) gained 9.2%, Forest Oil (NYSE: FST ) was up 8.8% and CHK shares finished up 6.4%. Meanwhile, coal producers like Patriot Coal (NYSE: PCX , +7.6%) and Alpha Natural Resources (NYSE: ANR , +4.3%) also made significant gains. Unable to find any energy of its own was Research In Motion (NASDAQ: RIMM ), which finished down 8.5% Monday as co-CEOs Jim Balsillie and Mike Lazaridis stepped down , with Thorsten Heins taking the reins. Likely fueling the negativity was Heins' too-optimistic view of the company — upon his promotion, among other things, he said drastic change wasn't needed at RIM . Not what many investors want to hear following 2011's bloodbath. Three Up Zagg Inc. (NASDAQ: ZAGG ): Up 5.5% (47 cents) to $9.03. Kinross Gold (NYSE: KGC ): Up 4.5% (46 cents) to $10.67. Youku.com (NASDAQ: YOKU ): Up 3.8% (79 cents) to $21.76. Three Down Pan American Silver (NASDAQ: PAAS ): Down 9.8% ($2.43) to $22.29. ( Read more about PAAS here. ) Netflix (NASDAQ: NFLX ): Down 6.3% ($6.28) to $93.96. Green Mountain Coffee Roasters (NASDAQ: GMCR ): Down 4.8% ($2.45) to $48.45. Kyle Woodley is the assistant editor of InvestorPlace.com. As of this writing, he did not hold a position in any of the aforementioned securities. Check out recaps from previous trading days here .
3 Tech Giants, 3 New CEOs, One Future
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tdp2664 InvestorPlace Twelve years ago, Yahoo (NASDAQ: YHOO ) was the face of dot-com success, a company that represented the profitability and potential of Internet-powered brands. Six years ago, Research In Motion (NASDAQ: RIMM ) was the face of the smartphone business, a company whose handheld devices and software were booming as enterprises and shaping the market for consumers who wanted to carry the Web with them in their pockets. Today, Hewlett-Packard (NYSE: HPQ ), though it remains the No. 1 PC maker in the world, has seen its once-booming PC business crumble in tiny increments, eaten away by swiftly changing trends. All three companies made their fortunes on technology that has been more effectively and profitably redefined by their competitors. All three have uncertain futures. All three have brand new CEOs. 2012 is a make-or-break year for these humbled tech giants and their new chief executives. Will they make InvestorPlace’s Dow Leaderboard or go down with their respective ships? Here’s a look at the challenging road ahead. Research In Motion’s
Top Oversold U.S.-Listed Chinese Stocks (Jan 23, 2012)
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tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. ReneSola Ltd. (ADR) (NYSE:SOL) is the most oversold U.S.-listed Chinese stock on Jan. 23. It was down 7.5% on the day. SOL's upside potential is 15.6% based on brokerage analysts' average target price of $2.44. It is trading at 15.9% of its 52-week high of $13.25, and 45.5% above its 52-week low of $1.45. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the second most oversold U.S.-listed Chinese stock on Jan. 23. It was down 5.2% on the day. LDK's upside potential is -29.8% based on brokerage analysts' average target price of $3.33. It is trading at 31.7% of its 52-week high of $14.97, and 85.9% above its 52-week low of $2.55. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the third most oversold U.S.-listed Chinese stock on Jan. 23. It was down 5.2% on the day. DANG's upside potential is 10.6% based on brokerage analysts' average target price of $7.91. It is trading at 22.6% of its 52-week high of $31.58, and 74.0% above its 52-week low of $4.11. NetQin Mobile Inc (ADR) (NYSE:NQ) is the fourth most oversold U.S.-listed Chinese stock on Jan. 23. It was down 4.6% on the day. NQ's upside potential is 60.6% based on brokerage analysts' average target price of $11.00. It is trading at 57.6% of its 52-week high of $11.90, and 98.0% above its 52-week low of $3.46. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the fifth most oversold U.S.-listed Chinese stock on Jan. 23. It was down 4.2% on the day. FMCN's upside potential is 93.4% based on brokerage analysts' average target price of $37.12. It is trading at 51.1% of its 52-week high of $37.58, and 118.3% above its 52-week low of $8.79. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the sixth most oversold U.S.-listed Chinese stock on Jan. 23. It was down 4.1% on the day. SPRD's upside potential is 80.6% based on brokerage analysts' average target price of $28.88. It is trading at 53.3% of its 52-week high of $29.98, and 86.1% above its 52-week low of $8.59. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the seventh most oversold U.S.-listed Chinese stock on Jan. 23. It was down 3.4% on the day. VIT's upside potential is 28.6% based on brokerage analysts' average target price of $16.66. It is trading at 35.4% of its 52-week high of $36.56, and 109.2% above its 52-week low of $6.19. ZHONGPIN INC. (NASDAQ:HOGS) is the eighth most oversold U.S.-listed Chinese stock on Jan. 23. It was down 3.4% on the day. HOGS's upside potential is 29.4% based on brokerage analysts' average target price of $15.32. It is trading at 60.7% of its 52-week high of $19.50, and 79.4% above its 52-week low of $6.60. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the ninth most oversold U.S.-listed Chinese stock on Jan. 23. It was down 3.1% on the day. EDU's upside potential is 56.1% based on brokerage analysts' average target price of $35.19. It is trading at 64.8% of its 52-week high of $34.77, and 9.4% above its 52-week low of $20.61. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 10th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.5% on the day. AMAP's upside potential is 89.3% based on brokerage analysts' average target price of $20.46. It is trading at 53.5% of its 52-week high of $20.20, and 21.9% above its 52-week low of $8.87. Trina Solar Limited (ADR) (NYSE:TSL) is the 11th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.4% on the day. TSL's upside potential is 38.0% based on brokerage analysts' average target price of $10.92. It is trading at 25.5% of its 52-week high of $31.08, and 49.8% above its 52-week low of $5.28. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 12th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.3% on the day. JASO's upside potential is 59.1% based on brokerage analysts' average target price of $2.74. It is trading at 20.1% of its 52-week high of $8.57, and 42.1% above its 52-week low of $1.21. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 13th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.2% on the day. STP's upside potential is 5.3% based on brokerage analysts' average target price of $3.34. It is trading at 29.3% of its 52-week high of $10.83, and 86.5% above its 52-week low of $1.70. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 14th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.0% on the day. JOBS's upside potential is 46.1% based on brokerage analysts' average target price of $64.50. It is trading at 63.3% of its 52-week high of $69.80, and 20.6% above its 52-week low of $36.62. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 15th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.9% on the day. SCR's upside potential is 2.7% based on brokerage analysts' average target price of $9.06. It is trading at 64.3% of its 52-week high of $13.72, and 23.9% above its 52-week low of $7.12. Semiconductor Manufacturing Int'l (ADR) (NYSE:SMI) is the 16th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.6% on the day. SMI's upside potential is 0.5% based on brokerage analysts' average target price of $2.49. It is trading at 42.9% of its 52-week high of $5.78, and 17.0% above its 52-week low of $2.12. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the 17th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.5% on the day. EJ's upside potential is 26.1% based on brokerage analysts' average target price of $7.65. It is trading at 37.4% of its 52-week high of $16.25, and 51.0% above its 52-week low of $4.02. Rda Microelectronics Inc (ADR) (NASDAQ:RDA) is the 18th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.3% on the day. RDA's upside potential is 44.8% based on brokerage analysts' average target price of $15.67. It is trading at 70.1% of its 52-week high of $15.43, and 53.3% above its 52-week low of $7.06. SINA Corporation (USA) (NASDAQ:SINA) is the 19th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 0.9% on the day. SINA's upside potential is 56.9% based on brokerage analysts' average target price of $101.09. It is trading at 43.8% of its 52-week high of $147.12, and 37.5% above its 52-week low of $46.86. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 20th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 0.4% on the day. HTHT's upside potential is 49.5% based on brokerage analysts' average target price of $20.96. It is trading at 62.3% of its 52-week high of $22.50, and 16.8% above its 52-week low of $12.00.
The Gold Price Reached my $1,680 Target and Should Now Rally to $1,705
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DG365FD46564GFH654FU898 Gold Price Close Today : 1678.00 Change : 14.30 or 0.9% Silver Price Close Today : 3223.30 Change : 58.60 cents or 1.9% Gold Silver Ratio Today : 52.058 Change : -0.512 or -1.0% Silver Gold Ratio Today : 0.01921 Change : 0.000187 or 1.0% Platinum Price Close Today : 1563.70 Change : 33.20 or 2.2% Palladium Price Close Today : 686.05 Change : 12.20 or 1.8% S&P 500 : 1,316.00 Change : 0.62 or 0.0% Dow In GOLD$ : $156.56 Change : $ (1.47) or -0.9% Dow in GOLD oz : 7.574 Change : -0.071 or -0.9% Dow in SILVER oz : 394.28 Change : -7.67 or -1.9% Dow Industrial : 12,708.82 Change : -11.66 or -0.1% US Dollar Index : 79.70 Change : -0.671 or -0.8% Today the GOLD PRICE climbed $14.30 to $1,678.00. The SILVER PRICE tagged right along and ran out front with a 58.6c rise to 3223.3c. GOLD PRICE has now reached my $1,680 target area — high today hit $1,681.25. Gold’s present zeal argues that it will rally to $1,705 at least before pausing. Worth noting is that gold’s crucial 150 day moving average stands at $1,681.19 today. As a footnote, the GOLD PRICE also rose above its 50 DMA (1,669.54). Remember that during this bull market gold has only rarely traded below that 150 DMA, and never for a very long time. If it climbs over soon, it may not touch that 150 DMA for a long time to come. The SILVER PRICE has punched through a resistance line within its trading channel, with one clear goal in mind: reach 3400c. Look for it soon. SILVER ‘s 300 DMA, which has been as important to silver as the 150 DMA has been to gold, stands at 3428c today. About the same place stands resistance from last fall’s trading. Silver has the bit in its teeth and is running away, above its 20 and 50 DMAs and raging. Keep in mind if you are pondering buying silver or gold that you are not buying for a one or even two or five dollar gain, but a TRIPLE or quadruple. Even a five dollar gain here will look very small in hindsight. Longer you wait to buy, more they will cost. A joke on the streets of Moscow these days: “Everything the Communists told us about communism was a complete and utter lie. Unfortunately, everything the Communists told us about capitalism turned out to be true.” Markets have made their intentions considerably clearer today. Dollar’s rolling into the gutter again, stocks are indecisive and faltering, gold and silver are shaking off their worries and marching higher. Let’s start with the US Dollar Index. Dealing with all these fiat currencies for me is like having to listen to a long lecture on tapeworms and other internal parasites. Thus I want to get it behind me as quickly as possible. What the dollar is losing, the euro is gaining as the frenzied rats, uncertain which ship will sink first, swim from one ship to the other. Here’s the answer to their quandary: BOTH are sinking. Dollar index today lost 67.1 basis points, a meaty 0.86%, to grab a branch at 79.704. Falling through the trap door at 80 sends the dollar much lower, and a fall through 79.50 (probably tomorrow) will only tie anvils to the dollar’s feet. Dollar’s rally is over for a while. Broke clean through the uptrend line, closed below the 20 day moving average (80.53), and has only barely avoided breaking the 50 DMA (79.45). None of this promises anything other than lower prices for the dollar. It has fallen off the kerb into the gutter. Euro meanwhile has a full load on and has posted two gaps up in the last 3 trading days — breakaway gap, headed for 132+ resistance. Not clear yet how substantial this rally is, or how long it might last. May constitute no more than a rally before one last spike down, but looks good from here. Momentum points skyward as euro has passed its 20 DMA (1.2889) and is drawing a bead on its 50 DMA (1.3163). Euro closed today up 0.77% at 1.3031. Yen did little today, up 0.08% at 129.93c/Y100 (Y76.96/US$1). Above the 20 DMA (129.62) but looking awfully tame. STOCKS today looked lost and bewildered, some indices up, some down. Confusion promises nothing good as stocks run out of enthusiasm and steam. Dow fell 11.66 (0.09%) to 12,708.82. Broader S&P500 rose 0.62 (get out the magnifying glass) or 0.05% to 1,316.00. Dow acting allergic to 12,750. Last high close came 2 May 2011 at 12,810. That is now doing the same thing to the Dow that Kryptonite does to Superman. S&P500 is also struggling at analogous downtrend line from 29 April 2011 close at 1,363.60. Don’t expect either index to reach those last high levels. This will bring great pain to many, and I take no pleasure in reporting it. Stocks are in a primary down trend, and have much, much further to fall in the years before that bear market ends. 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.
Google Alert - gas prices today
| ||
| HOVENSA raises price for regular and premium gas Virgin Islands Daily News CROIX - Wholesale gasoline prices in the territory continued to creep upward this week, as HOVENSA today raised its rack rates for regular and premium gasoline for the fourth week in a row, although the price for diesel fuel inched downward. See all stories on this topic » | ||
| Halliburton Quarterly Profit Margin Drops in North America San Francisco Chronicle The company expects another 1 percentage point decline in the regional margin this quarter as it moves eight hydraulic fracturing crews from gas basins to oil plays, Chief Financial Officer Mark McCollum told analysts today on a conference call. "Cost ... See all stories on this topic » | ||
| Canadian Stocks Rise as Energy Producers Rally With Fuel Prices BusinessWeek The S&P/TSX Composite Index increased 124.60 points, or 1 percent, to 12521.70 at 4 pm Toronto time, the highest level since Sept. 8. "Natural gas did a 360 today," Irwin Michael, a money manager at ABC Funds in Toronto, said in a telephone interview. See all stories on this topic » |
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The Gold Price Reached my $1,680 Target and Should Now Rally to $1,705
Gold Price Close Today : 1678.00 Change : 14.30 or 0.9% Silver Price Close
Today : 3223.30 Change : 58.60 cents or 1.9% Gold Silver Ratio Today : 52.058
Change : -0.512 or -1.0% Silver Gold Ratio Today : 0.01921 Change : 0.000187 or
1.0% Platinum Price Close Today : 1563.70 Change : 33.20 or 2.2% Palladium Price
Close Today : 686.05 Change : 12.20 or 1.8% S&P 500 : 1,316.00 Change : 0.62 or
0.0% Dow In GOLD$ : $156.56 Change : $ (1.47) or -0.9% Dow in GOLD oz : 7.574
Change : -0.071 or -0.9% Dow in SILVER oz : 394.28 Change : -7.67 or -1.9% Dow
Industrial : 12,708.82 Change : -11.66 or -0.1% US Dollar Index : 79.70 Change :
-0.671 or -0.8% Today the GOLD PRICE climbed $14.30 to $1,678.00. The SILVER
PRICE tagged right along and ran out front with a 58.6c rise to 3223.3c. GOLD
PRICE has now reached my $1,680 target area -- high today hit $1,681.25. Gold's
present zeal argues that it will rally to $1,705 at least before pausing. Worth
noting is that gold's crucial 150 day moving average stands at $1,681.19 today.
As a footnote, the GOLD PRICE also rose above its 50 DMA (1,669.54). Remember
that during this bull market gold has only rarely traded below that 150 DMA, and
never for a very long time. If it climbs over soon, it may not touch that 150
DMA for a long time to come. The SILVER PRICE has punched through a resistance
line within its trading channel, with one clear goal in mind: reach 3400c. Look
for it soon. SILVER 's 300 DMA, which has been as important to silver as the 150
DMA has been to gold, stands at 3428c today. About the same place stands
resistance from last fall's trading. Silver has the bit in its teeth and is
running away, above its 20 and 50 DMAs and raging. Keep in mind if you are
pondering buying silver or gold that you are not buying for a one or even two or
five dollar gain, but a TRIPLE or quadruple. Even a five dollar gain here will
look very small in hindsight. Longer you wait to buy, more they will cost. A
joke on the streets of Moscow these days: "Everything the Communists told us
about communism was a complete and utter lie. Unfortunately, everything the
Communists told us about capitalism turned out to be true." Markets have made
their intentions considerably clearer today. Dollar's rolling into the gutter
again, stocks are indecisive and faltering, gold and silver are shaking off
their worries and marching higher. Let's start with the US Dollar Index. Dealing
with all these fiat currencies for me is like having to listen to a long lecture
on tapeworms and other internal parasites. Thus I want to get it behind me as
quickly as possible. What the dollar is losing, the euro is gaining as the
frenzied rats, uncertain which ship will sink first, swim from one ship to the
other. Here's the answer to their quandary: BOTH are sinking. Dollar index today
lost 67.1 basis points, a meaty 0.86%, to grab a branch at 79.704. Falling
through the trap door at 80 sends the dollar much lower, and a fall through
79.50 (probably tomorrow) will only tie anvils to the dollar's feet. Dollar's
rally is over for a while. Broke clean through the uptrend line, closed below
the 20 day moving average (80.53), and has only barely avoided breaking the 50
DMA (79.45). None of this promises anything other than lower prices for the
dollar. It has fallen off the kerb into the gutter. Euro meanwhile has a full
load on and has posted two gaps up in the last 3 trading days -- breakaway gap,
headed for 132+ resistance. Not clear yet how substantial this rally is, or how
long it might last. May constitute no more than a rally before one last spike
down, but looks good from here. Momentum points skyward as euro has passed its
20 DMA (1.2889) and is drawing a bead on its 50 DMA (1.3163). Euro closed today
up 0.77% at 1.3031. Yen did little today, up 0.08% at 129.93c/Y100
(Y76.96/US$1). Above the 20 DMA (129.62) but looking awfully tame. STOCKS today
looked lost and bewildered, some indices up, some down. Confusion promises
nothing good as stocks run out of enthusiasm and steam. Dow fell 11.66 (0.09%)
to 12,708.82. Broader S&P500 rose 0.62 (get out the magnifying glass) or 0.05%
to 1,316.00. Dow acting allergic to 12,750. Last high close came 2 May 2011 at
12,810. That is now doing the same thing to the Dow that Kryptonite does to
Superman. S&P500 is also struggling at analogous downtrend line from 29 April
2011 close at 1,363.60. Don't expect either index to reach those last high
levels. This will bring great pain to many, and I take no pleasure in reporting
it. Stocks are in a primary down trend, and have much, much further to fall in
the years before that bear market ends. 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$-denominated assets, primary trend down;
real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be
advised and warned: Do NOT use these commentaries to trade futures contracts. I
don't intend them for that or write them with that short term trading outlook. I
write them for long-term investors in physical metals. Take them as
entertainment, but not as a timing service for futures. NOR do I recommend
investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical
metal and I fear one day one or another may go up in smoke. Unless you can
breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of
traps. NOR do I recommend trading futures options or other leveraged paper gold
and silver products. These are not for the inexperienced. NOR do I recommend
buying gold and silver on margin or with debt. What DO I recommend? Physical
gold and silver coins and bars in your own hands. One final warning: NEVER
insert a 747 Jumbo Jet up your nose.
Today : 3223.30 Change : 58.60 cents or 1.9% Gold Silver Ratio Today : 52.058
Change : -0.512 or -1.0% Silver Gold Ratio Today : 0.01921 Change : 0.000187 or
1.0% Platinum Price Close Today : 1563.70 Change : 33.20 or 2.2% Palladium Price
Close Today : 686.05 Change : 12.20 or 1.8% S&P 500 : 1,316.00 Change : 0.62 or
0.0% Dow In GOLD$ : $156.56 Change : $ (1.47) or -0.9% Dow in GOLD oz : 7.574
Change : -0.071 or -0.9% Dow in SILVER oz : 394.28 Change : -7.67 or -1.9% Dow
Industrial : 12,708.82 Change : -11.66 or -0.1% US Dollar Index : 79.70 Change :
-0.671 or -0.8% Today the GOLD PRICE climbed $14.30 to $1,678.00. The SILVER
PRICE tagged right along and ran out front with a 58.6c rise to 3223.3c. GOLD
PRICE has now reached my $1,680 target area -- high today hit $1,681.25. Gold's
present zeal argues that it will rally to $1,705 at least before pausing. Worth
noting is that gold's crucial 150 day moving average stands at $1,681.19 today.
As a footnote, the GOLD PRICE also rose above its 50 DMA (1,669.54). Remember
that during this bull market gold has only rarely traded below that 150 DMA, and
never for a very long time. If it climbs over soon, it may not touch that 150
DMA for a long time to come. The SILVER PRICE has punched through a resistance
line within its trading channel, with one clear goal in mind: reach 3400c. Look
for it soon. SILVER 's 300 DMA, which has been as important to silver as the 150
DMA has been to gold, stands at 3428c today. About the same place stands
resistance from last fall's trading. Silver has the bit in its teeth and is
running away, above its 20 and 50 DMAs and raging. Keep in mind if you are
pondering buying silver or gold that you are not buying for a one or even two or
five dollar gain, but a TRIPLE or quadruple. Even a five dollar gain here will
look very small in hindsight. Longer you wait to buy, more they will cost. A
joke on the streets of Moscow these days: "Everything the Communists told us
about communism was a complete and utter lie. Unfortunately, everything the
Communists told us about capitalism turned out to be true." Markets have made
their intentions considerably clearer today. Dollar's rolling into the gutter
again, stocks are indecisive and faltering, gold and silver are shaking off
their worries and marching higher. Let's start with the US Dollar Index. Dealing
with all these fiat currencies for me is like having to listen to a long lecture
on tapeworms and other internal parasites. Thus I want to get it behind me as
quickly as possible. What the dollar is losing, the euro is gaining as the
frenzied rats, uncertain which ship will sink first, swim from one ship to the
other. Here's the answer to their quandary: BOTH are sinking. Dollar index today
lost 67.1 basis points, a meaty 0.86%, to grab a branch at 79.704. Falling
through the trap door at 80 sends the dollar much lower, and a fall through
79.50 (probably tomorrow) will only tie anvils to the dollar's feet. Dollar's
rally is over for a while. Broke clean through the uptrend line, closed below
the 20 day moving average (80.53), and has only barely avoided breaking the 50
DMA (79.45). None of this promises anything other than lower prices for the
dollar. It has fallen off the kerb into the gutter. Euro meanwhile has a full
load on and has posted two gaps up in the last 3 trading days -- breakaway gap,
headed for 132+ resistance. Not clear yet how substantial this rally is, or how
long it might last. May constitute no more than a rally before one last spike
down, but looks good from here. Momentum points skyward as euro has passed its
20 DMA (1.2889) and is drawing a bead on its 50 DMA (1.3163). Euro closed today
up 0.77% at 1.3031. Yen did little today, up 0.08% at 129.93c/Y100
(Y76.96/US$1). Above the 20 DMA (129.62) but looking awfully tame. STOCKS today
looked lost and bewildered, some indices up, some down. Confusion promises
nothing good as stocks run out of enthusiasm and steam. Dow fell 11.66 (0.09%)
to 12,708.82. Broader S&P500 rose 0.62 (get out the magnifying glass) or 0.05%
to 1,316.00. Dow acting allergic to 12,750. Last high close came 2 May 2011 at
12,810. That is now doing the same thing to the Dow that Kryptonite does to
Superman. S&P500 is also struggling at analogous downtrend line from 29 April
2011 close at 1,363.60. Don't expect either index to reach those last high
levels. This will bring great pain to many, and I take no pleasure in reporting
it. Stocks are in a primary down trend, and have much, much further to fall in
the years before that bear market ends. 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.
How Disruptive Could Raspberry Pi Be?
The PC market is an extremely competitive one, and when it comes to entry-level
computers, margins are thin and manufacturers fight for both media exposure and
consumer dollars. Apple (NSADAQ: AAPL ) may get lavish attention from news
outlets worldwide for its latest laptops, and electronics stores will be happy
to sell you a new Ultrabook from Samsung (PINK: SSNLF ) or Toshiba (PINK: TOSBF
), but when was the last time you heard anyone get excited about a dirt-cheap
computer? You can buy a desktop PC from Dell (NASDAQ: DELL ) for under $300, but
people hardly rave about a machine of this caliber. So why all the noise about
the Raspberry Pi? In case you havent heard, the Raspberry Pi is a computer that
brings the concept of compact and cheap to ridiculous levels. Measuring 3.3 by 2
inches, and only one-sixth of an inch thick, this minimalist PC is intended to
make basic-level computing affordable for the masses, although even the stripped
down version is equipped with a variety of video outputs, including HDMI for
connection to a high-definition TV. The upgraded B model also includes Ethernet,
and both versions can take portability to extremes by optionally running off of
four AA batteries. While neither of these mini PCs is capable of running feature
rich operating systems like the latest versions of Windows, they do fine with
Linux. The kicker is the price: $25 for the base A model and $35 for the B with
ethernet networking and 256MB of RAM. The first question that many people ask
is: Are these for real, or is this one of those deals where a cheap computer
concept ends up being unfeasible when real-world production costs are factored
in? The answer is that they are very much for real. The beta units have already
sold on eBay (NASDAQ: EBAY ) auctions and the shipping versions are currently in
production. The company plans to launch worldwide in a matter of weeks. What
those who invest in technology companies should be wondering is just how
disruptive these micro PCs might be. Although Raspberry Pi is produced by a
UK-based charitable foundation (the Raspberry Pi Foundation) with the stated
goal of making PCs available to school age children worldwide, the arrival of
fully featured computing device of this size and at this price point has the
potential to shake up many industries – well beyond anything envisioned when
the One Laptop per Child project launched several years ago. For example, the
most recent demonstration video posted by the foundation showed one of the PCs
being used to stream video from an iPad to a TV. An Apple TV streaming box will
do the same thing, mind you, but that Apple TV retails for $99, does nothing
else besides stream video and is estimated to cost Apple $64 to manufacture. And
where the Apple TV is limited to 720p-resolution playback, the pocket-sized
computer is capable of outputting Blu-Ray quality video. A Raspberry Pi has also
been demoed running Quake III, a decidedly dated video game, but one that still
sells in a version for the Xbox 360, a videogame console that retails for $200.
The foundation reports it has already received inquiries from hospitals,
museums, parents of disabled children, robotic enthusiasts, and representatives
from developing countries. A micro PC like the Raspberry Pi could conceivably be
used in a wide range of applications if it were licensed. Among them:
Ultra-cheap tablet PCs Onboard automotive systems TV sets (advanced functions
such as built-in video gaming or web browsing) Smart appliances Home or
industrial automation Even if it simply sticks to providing affordable, capable
PCs to developing markets, Raspberry Pi has the potential to put a serious crimp
on the plans of manufacturers who saw the potential to sell cheap machines there
themselves. There may be billions of people who lack their own PC, but you can
bet they wont care if a computer is capable of running the latest Microsoft
(NASDAQ: MSFT ) operating system or playing the latest and greatest video game
— not if they can pick one up for $25.
computers, margins are thin and manufacturers fight for both media exposure and
consumer dollars. Apple (NSADAQ: AAPL ) may get lavish attention from news
outlets worldwide for its latest laptops, and electronics stores will be happy
to sell you a new Ultrabook from Samsung (PINK: SSNLF ) or Toshiba (PINK: TOSBF
), but when was the last time you heard anyone get excited about a dirt-cheap
computer? You can buy a desktop PC from Dell (NASDAQ: DELL ) for under $300, but
people hardly rave about a machine of this caliber. So why all the noise about
the Raspberry Pi? In case you havent heard, the Raspberry Pi is a computer that
brings the concept of compact and cheap to ridiculous levels. Measuring 3.3 by 2
inches, and only one-sixth of an inch thick, this minimalist PC is intended to
make basic-level computing affordable for the masses, although even the stripped
down version is equipped with a variety of video outputs, including HDMI for
connection to a high-definition TV. The upgraded B model also includes Ethernet,
and both versions can take portability to extremes by optionally running off of
four AA batteries. While neither of these mini PCs is capable of running feature
rich operating systems like the latest versions of Windows, they do fine with
Linux. The kicker is the price: $25 for the base A model and $35 for the B with
ethernet networking and 256MB of RAM. The first question that many people ask
is: Are these for real, or is this one of those deals where a cheap computer
concept ends up being unfeasible when real-world production costs are factored
in? The answer is that they are very much for real. The beta units have already
sold on eBay (NASDAQ: EBAY ) auctions and the shipping versions are currently in
production. The company plans to launch worldwide in a matter of weeks. What
those who invest in technology companies should be wondering is just how
disruptive these micro PCs might be. Although Raspberry Pi is produced by a
UK-based charitable foundation (the Raspberry Pi Foundation) with the stated
goal of making PCs available to school age children worldwide, the arrival of
fully featured computing device of this size and at this price point has the
potential to shake up many industries – well beyond anything envisioned when
the One Laptop per Child project launched several years ago. For example, the
most recent demonstration video posted by the foundation showed one of the PCs
being used to stream video from an iPad to a TV. An Apple TV streaming box will
do the same thing, mind you, but that Apple TV retails for $99, does nothing
else besides stream video and is estimated to cost Apple $64 to manufacture. And
where the Apple TV is limited to 720p-resolution playback, the pocket-sized
computer is capable of outputting Blu-Ray quality video. A Raspberry Pi has also
been demoed running Quake III, a decidedly dated video game, but one that still
sells in a version for the Xbox 360, a videogame console that retails for $200.
The foundation reports it has already received inquiries from hospitals,
museums, parents of disabled children, robotic enthusiasts, and representatives
from developing countries. A micro PC like the Raspberry Pi could conceivably be
used in a wide range of applications if it were licensed. Among them:
Ultra-cheap tablet PCs Onboard automotive systems TV sets (advanced functions
such as built-in video gaming or web browsing) Smart appliances Home or
industrial automation Even if it simply sticks to providing affordable, capable
PCs to developing markets, Raspberry Pi has the potential to put a serious crimp
on the plans of manufacturers who saw the potential to sell cheap machines there
themselves. There may be billions of people who lack their own PC, but you can
bet they wont care if a computer is capable of running the latest Microsoft
(NASDAQ: MSFT ) operating system or playing the latest and greatest video game
— not if they can pick one up for $25.
Top-Performing U.S.-Listed Chinese Stocks (Jan 23, 2012)
Below are the latest top-performing U.S.-listed Chinese stocks. Noah Holdings
Limited (ADR) (NYSE:NOAH) is the best-performing U.S.-listed Chinese stock on
Jan. 23. It was up 5.1% on the day. NOAHs upside potential is 190.7% based on
brokerage analysts average target price of $19.92. It is trading at 37.1% of its
52-week high of $18.45, and 19.5% above its 52-week low of $5.73. Hollysys
Automation Technologies Ltd (NASDAQ:HOLI) is the second best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 5.0% on the day. HOLIs upside
potential is 33.1% based on brokerage analysts average target price of $13.60.
It is trading at 56.3% of its 52-week high of $18.15, and 125.1% above its
52-week low of $4.54. Shanda Games Limited(ADR) (NASDAQ:GAME) is the third
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 3.5% on the day.
GAMEs upside potential is 55.1% based on brokerage analysts average target price
of $5.95. It is trading at 49.9% of its 52-week high of $7.70, and 11.0% above
its 52-week low of $3.46. Phoenix New Media Ltd ADR (NYSE:FENG) is the fourth
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 2.7% on the day.
FENGs upside potential is 67.4% based on brokerage analysts average target price
of $10.88. It is trading at 43.1% of its 52-week high of $15.09, and 54.8% above
its 52-week low of $4.20. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the fifth
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.5% on the day.
TUDOs upside potential is 78.7% based on brokerage analysts average target price
of $23.57. It is trading at 47.3% of its 52-week high of $27.91, and 38.8% above
its 52-week low of $9.50. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT)
is the sixth best-performing U.S.-listed Chinese stock on Jan. 23. It was up
1.4% on the day. HSFTs upside potential is 50.7% based on brokerage analysts
average target price of $17.31. It is trading at 33.8% of its 52-week high of
$34.00, and 43.3% above its 52-week low of $8.02. WuXi PharmaTech (Cayman) Inc.
(ADR) (NYSE:WX) is the seventh best-performing U.S.-listed Chinese stock on Jan.
23. It was up 1.4% on the day. WXs upside potential is 34.9% based on brokerage
analysts average target price of $18.03. It is trading at 70.0% of its 52-week
high of $19.10, and 25.5% above its 52-week low of $10.65. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the eighth best-performing U.S.-listed
Chinese stock on Jan. 23. It was up 1.2% on the day. MPELs upside potential is
23.4% based on brokerage analysts average target price of $13.97. It is trading
at 70.1% of its 52-week high of $16.15, and 75.2% above its 52-week low of
$6.46. PetroChina Company Limited (ADR) (NYSE:PTR) is the ninth best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. PTRs upside
potential is 7.2% based on brokerage analysts average target price of $158.00.
It is trading at 92.8% of its 52-week high of $158.83, and 32.4% above its
52-week low of $111.29. Sohu.com Inc. (NASDAQ:SOHU) is the 10th best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. SOHUs upside
potential is 26.5% based on brokerage analysts average target price of $76.08.
It is trading at 55.0% of its 52-week high of $109.37, and 32.4% above its
52-week low of $45.40. Seaspan Corporation (NYSE:SSW) is the 11th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day.
SSWs upside potential is 12.3% based on brokerage analysts average target price
of $17.56. It is trading at 73.3% of its 52-week high of $21.33, and 53.1% above
its 52-week low of $10.21. 21Vianet Group Inc (NASDAQ:VNET) is the 12th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day.
VNETs upside potential is 69.0% based on brokerage analysts average target price
of $17.52. It is trading at 46.4% of its 52-week high of $22.33, and 24.8% above
its 52-week low of $8.31. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the 13th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.0% on the day.
FSINs upside potential is 17.3% based on brokerage analysts average target price
of $9.67. It is trading at 80.9% of its 52-week high of $10.18, and 103.0% above
its 52-week low of $4.06. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 14th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.9% on the day.
BIDUs upside potential is 44.1% based on brokerage analysts average target price
of $178.45. It is trading at 74.6% of its 52-week high of $165.96, and 22.7%
above its 52-week low of $100.95. CNOOC Limited (ADR) (NYSE:CEO) is the 15th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.8% on the day.
CEOs upside potential is 20.8% based on brokerage analysts average target price
of $243.00. It is trading at 73.9% of its 52-week high of $271.94, and 42.3%
above its 52-week low of $141.27. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the
16th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.7% on the
day. QIHUs upside potential is 90.5% based on brokerage analysts average target
price of $33.57. It is trading at 48.7% of its 52-week high of $36.21, and 28.5%
above its 52-week low of $13.71. Ambow Education Holding Ltd (ADR) (NYSE:AMBO)
is the 17th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.6%
on the day. AMBOs upside potential is 45.6% based on brokerage analysts average
target price of $10.47. It is trading at 61.0% of its 52-week high of $11.79,
and 57.7% above its 52-week low of $4.56. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the 18th best-performing U.S.-listed Chinese stock on Jan. 23.
It was up 0.6% on the day. PWRDs upside potential is 78.8% based on brokerage
analysts average target price of $19.30. It is trading at 37.1% of its 52-week
high of $29.10, and 27.8% above its 52-week low of $8.44. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the 19th best-performing U.S.-listed
Chinese stock on Jan. 23. It was up 0.5% on the day. CTRPs upside potential is
37.3% based on brokerage analysts average target price of $38.04. It is trading
at 54.8% of its 52-week high of $50.57, and 25.8% above its 52-week low of
$22.02. NetEase.com Inc (ADR) (NASDAQ:NTES) is the 20th best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 0.5% on the day. NTESs upside
potential is 20.0% based on brokerage analysts average target price of $58.16.
It is trading at 88.1% of its 52-week high of $55.00, and 35.6% above its
52-week low of $35.74.
Limited (ADR) (NYSE:NOAH) is the best-performing U.S.-listed Chinese stock on
Jan. 23. It was up 5.1% on the day. NOAHs upside potential is 190.7% based on
brokerage analysts average target price of $19.92. It is trading at 37.1% of its
52-week high of $18.45, and 19.5% above its 52-week low of $5.73. Hollysys
Automation Technologies Ltd (NASDAQ:HOLI) is the second best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 5.0% on the day. HOLIs upside
potential is 33.1% based on brokerage analysts average target price of $13.60.
It is trading at 56.3% of its 52-week high of $18.15, and 125.1% above its
52-week low of $4.54. Shanda Games Limited(ADR) (NASDAQ:GAME) is the third
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 3.5% on the day.
GAMEs upside potential is 55.1% based on brokerage analysts average target price
of $5.95. It is trading at 49.9% of its 52-week high of $7.70, and 11.0% above
its 52-week low of $3.46. Phoenix New Media Ltd ADR (NYSE:FENG) is the fourth
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 2.7% on the day.
FENGs upside potential is 67.4% based on brokerage analysts average target price
of $10.88. It is trading at 43.1% of its 52-week high of $15.09, and 54.8% above
its 52-week low of $4.20. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the fifth
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.5% on the day.
TUDOs upside potential is 78.7% based on brokerage analysts average target price
of $23.57. It is trading at 47.3% of its 52-week high of $27.91, and 38.8% above
its 52-week low of $9.50. HiSoft Technology Internatnl Ltd (ADR) (NASDAQ:HSFT)
is the sixth best-performing U.S.-listed Chinese stock on Jan. 23. It was up
1.4% on the day. HSFTs upside potential is 50.7% based on brokerage analysts
average target price of $17.31. It is trading at 33.8% of its 52-week high of
$34.00, and 43.3% above its 52-week low of $8.02. WuXi PharmaTech (Cayman) Inc.
(ADR) (NYSE:WX) is the seventh best-performing U.S.-listed Chinese stock on Jan.
23. It was up 1.4% on the day. WXs upside potential is 34.9% based on brokerage
analysts average target price of $18.03. It is trading at 70.0% of its 52-week
high of $19.10, and 25.5% above its 52-week low of $10.65. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the eighth best-performing U.S.-listed
Chinese stock on Jan. 23. It was up 1.2% on the day. MPELs upside potential is
23.4% based on brokerage analysts average target price of $13.97. It is trading
at 70.1% of its 52-week high of $16.15, and 75.2% above its 52-week low of
$6.46. PetroChina Company Limited (ADR) (NYSE:PTR) is the ninth best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. PTRs upside
potential is 7.2% based on brokerage analysts average target price of $158.00.
It is trading at 92.8% of its 52-week high of $158.83, and 32.4% above its
52-week low of $111.29. Sohu.com Inc. (NASDAQ:SOHU) is the 10th best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day. SOHUs upside
potential is 26.5% based on brokerage analysts average target price of $76.08.
It is trading at 55.0% of its 52-week high of $109.37, and 32.4% above its
52-week low of $45.40. Seaspan Corporation (NYSE:SSW) is the 11th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day.
SSWs upside potential is 12.3% based on brokerage analysts average target price
of $17.56. It is trading at 73.3% of its 52-week high of $21.33, and 53.1% above
its 52-week low of $10.21. 21Vianet Group Inc (NASDAQ:VNET) is the 12th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.2% on the day.
VNETs upside potential is 69.0% based on brokerage analysts average target price
of $17.52. It is trading at 46.4% of its 52-week high of $22.33, and 24.8% above
its 52-week low of $8.31. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the 13th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 1.0% on the day.
FSINs upside potential is 17.3% based on brokerage analysts average target price
of $9.67. It is trading at 80.9% of its 52-week high of $10.18, and 103.0% above
its 52-week low of $4.06. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 14th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.9% on the day.
BIDUs upside potential is 44.1% based on brokerage analysts average target price
of $178.45. It is trading at 74.6% of its 52-week high of $165.96, and 22.7%
above its 52-week low of $100.95. CNOOC Limited (ADR) (NYSE:CEO) is the 15th
best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.8% on the day.
CEOs upside potential is 20.8% based on brokerage analysts average target price
of $243.00. It is trading at 73.9% of its 52-week high of $271.94, and 42.3%
above its 52-week low of $141.27. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the
16th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.7% on the
day. QIHUs upside potential is 90.5% based on brokerage analysts average target
price of $33.57. It is trading at 48.7% of its 52-week high of $36.21, and 28.5%
above its 52-week low of $13.71. Ambow Education Holding Ltd (ADR) (NYSE:AMBO)
is the 17th best-performing U.S.-listed Chinese stock on Jan. 23. It was up 0.6%
on the day. AMBOs upside potential is 45.6% based on brokerage analysts average
target price of $10.47. It is trading at 61.0% of its 52-week high of $11.79,
and 57.7% above its 52-week low of $4.56. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the 18th best-performing U.S.-listed Chinese stock on Jan. 23.
It was up 0.6% on the day. PWRDs upside potential is 78.8% based on brokerage
analysts average target price of $19.30. It is trading at 37.1% of its 52-week
high of $29.10, and 27.8% above its 52-week low of $8.44. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the 19th best-performing U.S.-listed
Chinese stock on Jan. 23. It was up 0.5% on the day. CTRPs upside potential is
37.3% based on brokerage analysts average target price of $38.04. It is trading
at 54.8% of its 52-week high of $50.57, and 25.8% above its 52-week low of
$22.02. NetEase.com Inc (ADR) (NASDAQ:NTES) is the 20th best-performing
U.S.-listed Chinese stock on Jan. 23. It was up 0.5% on the day. NTESs upside
potential is 20.0% based on brokerage analysts average target price of $58.16.
It is trading at 88.1% of its 52-week high of $55.00, and 35.6% above its
52-week low of $35.74.
RIM’s Heins Quickly Lodges Foot in Mouth
If a company loses more than 70% of its value in less than a year, Wall Street
usually cheers when a new CEO comes on board. But in the case of Research In
Motion (NASDAQ: RIMM ), things have not gone according to the playbook. The
stock was down more than 6% Monday after RIM announced new leadership. Then
again, the new CEO Thorsten Heins seems to be a lackey of the former co-CEOs,
Jim Balsillie and Mike Lazaridis. Despite the fact that RIM is getting crushed
by Apple (NASDAQ: AAPL ) and Google (NASDAQ: GOOG ),
usually cheers when a new CEO comes on board. But in the case of Research In
Motion (NASDAQ: RIMM ), things have not gone according to the playbook. The
stock was down more than 6% Monday after RIM announced new leadership. Then
again, the new CEO Thorsten Heins seems to be a lackey of the former co-CEOs,
Jim Balsillie and Mike Lazaridis. Despite the fact that RIM is getting crushed
by Apple (NASDAQ: AAPL ) and Google (NASDAQ: GOOG ),
Gold Futures Hit 6-Week High, Silver Jumps 1.9%
Gold futures moved higher on Monday amid weakness in the U.S. dollar, with the
COMEX February futures contract finishing up by $14.30, or 0.9%, at $1,678.30
per ounce.
COMEX February futures contract finishing up by $14.30, or 0.9%, at $1,678.30
per ounce.
Google Inc. (NASDAQ:GOOG) Social Network Hits 90m
Google Inc. (NASDAQ:GOOG) now has 90 million users of its social networking
site, Google+. Google Inc. (NASDAQ:GOOG) Social Network Hits 90m Google Inc.
(NASDAQ:GOOG), the search giant, announced that its social networking site
Google+ now has 90 million users worldwide. The company said that 60 percent of
them use the service daily while 80 percent of them engaged in Google+ weekly.
Google Inc. (NASDAQ:GOOG) said in a statement, "We hadnt changed our Google
Accounts sign-up flow in more than seven years so it was due for a refresh. Were
working to develop a consistent sign-up flow across our different products as
part of our efforts to create an intuitive, beautifully simple, Google-wide user
experience. Making it quick and easy to create a Google Account and a Google
profile enables new users to take advantage of everything Google can offer".
Google Inc. (NASDAQ:GOOG) shares were at 585.99 at the end of the last days
trading. Theres been a -0.8% change in the stock price over the past 3 months.
Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.19 Zacks
Rank: 9 out of 29 in the industry
site, Google+. Google Inc. (NASDAQ:GOOG) Social Network Hits 90m Google Inc.
(NASDAQ:GOOG), the search giant, announced that its social networking site
Google+ now has 90 million users worldwide. The company said that 60 percent of
them use the service daily while 80 percent of them engaged in Google+ weekly.
Google Inc. (NASDAQ:GOOG) said in a statement, "We hadnt changed our Google
Accounts sign-up flow in more than seven years so it was due for a refresh. Were
working to develop a consistent sign-up flow across our different products as
part of our efforts to create an intuitive, beautifully simple, Google-wide user
experience. Making it quick and easy to create a Google Account and a Google
profile enables new users to take advantage of everything Google can offer".
Google Inc. (NASDAQ:GOOG) shares were at 585.99 at the end of the last days
trading. Theres been a -0.8% change in the stock price over the past 3 months.
Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.19 Zacks
Rank: 9 out of 29 in the industry
3 Tech Giants, 3 New CEOs, One Future
Twelve years ago, Yahoo (NASDAQ: YHOO ) was the face of dot-com success, a
company that represented the profitability and potential of Internet-powered
brands. Six years ago, Research In Motion (NASDAQ: RIMM ) was the face of the
smartphone business, a company whose handheld devices and software were booming
as enterprises and shaping the market for consumers who wanted to carry the Web
with them in their pockets. Today, Hewlett-Packard (NYSE: HPQ ), though it
remains the No. 1 PC maker in the world, has seen its once-booming PC business
crumble in tiny increments, eaten away by swiftly changing trends. All three
companies made their fortunes on technology that has been more effectively and
profitably redefined by their competitors. All three have uncertain futures. All
three have brand new CEOs. 2012 is a make-or-break year for these humbled tech
giants and their new chief executives. Will they make InvestorPlaces Dow
Leaderboard or go down with their respective ships? Heres a look at the
challenging road ahead. Research In Motions
company that represented the profitability and potential of Internet-powered
brands. Six years ago, Research In Motion (NASDAQ: RIMM ) was the face of the
smartphone business, a company whose handheld devices and software were booming
as enterprises and shaping the market for consumers who wanted to carry the Web
with them in their pockets. Today, Hewlett-Packard (NYSE: HPQ ), though it
remains the No. 1 PC maker in the world, has seen its once-booming PC business
crumble in tiny increments, eaten away by swiftly changing trends. All three
companies made their fortunes on technology that has been more effectively and
profitably redefined by their competitors. All three have uncertain futures. All
three have brand new CEOs. 2012 is a make-or-break year for these humbled tech
giants and their new chief executives. Will they make InvestorPlaces Dow
Leaderboard or go down with their respective ships? Heres a look at the
challenging road ahead. Research In Motions
Top Oversold U.S.-Listed Chinese Stocks (Jan 23, 2012)
Below are the latest oversold U.S.-listed Chinese stocks. ReneSola Ltd. (ADR)
(NYSE:SOL) is the most oversold U.S.-listed Chinese stock on Jan. 23. It was
down 7.5% on the day. SOLs upside potential is 15.6% based on brokerage analysts
average target price of $2.44. It is trading at 15.9% of its 52-week high of
$13.25, and 45.5% above its 52-week low of $1.45. LDK Solar Co., Ltd (ADR)
(NYSE:LDK) is the second most oversold U.S.-listed Chinese stock on Jan. 23. It
was down 5.2% on the day. LDKs upside potential is -29.8% based on brokerage
analysts average target price of $3.33. It is trading at 31.7% of its 52-week
high of $14.97, and 85.9% above its 52-week low of $2.55. E Commerce China
Dangdang Inc (ADR) (NYSE:DANG) is the third most oversold U.S.-listed Chinese
stock on Jan. 23. It was down 5.2% on the day. DANGs upside potential is 10.6%
based on brokerage analysts average target price of $7.91. It is trading at
22.6% of its 52-week high of $31.58, and 74.0% above its 52-week low of $4.11.
NetQin Mobile Inc (ADR) (NYSE:NQ) is the fourth most oversold U.S.-listed
Chinese stock on Jan. 23. It was down 4.6% on the day. NQs upside potential is
60.6% based on brokerage analysts average target price of $11.00. It is trading
at 57.6% of its 52-week high of $11.90, and 98.0% above its 52-week low of
$3.46. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the fifth most
oversold U.S.-listed Chinese stock on Jan. 23. It was down 4.2% on the day.
FMCNs upside potential is 93.4% based on brokerage analysts average target price
of $37.12. It is trading at 51.1% of its 52-week high of $37.58, and 118.3%
above its 52-week low of $8.79. Spreadtrum Communications, Inc (ADR)
(NASDAQ:SPRD) is the sixth most oversold U.S.-listed Chinese stock on Jan. 23.
It was down 4.1% on the day. SPRDs upside potential is 80.6% based on brokerage
analysts average target price of $28.88. It is trading at 53.3% of its 52-week
high of $29.98, and 86.1% above its 52-week low of $8.59. VanceInfo Technologies
Inc.(ADR) (NYSE:VIT) is the seventh most oversold U.S.-listed Chinese stock on
Jan. 23. It was down 3.4% on the day. VITs upside potential is 28.6% based on
brokerage analysts average target price of $16.66. It is trading at 35.4% of its
52-week high of $36.56, and 109.2% above its 52-week low of $6.19. ZHONGPIN INC.
(NASDAQ:HOGS) is the eighth most oversold U.S.-listed Chinese stock on Jan. 23.
It was down 3.4% on the day. HOGSs upside potential is 29.4% based on brokerage
analysts average target price of $15.32. It is trading at 60.7% of its 52-week
high of $19.50, and 79.4% above its 52-week low of $6.60. New Oriental Education
& Tech Grp (ADR) (NYSE:EDU) is the ninth most oversold U.S.-listed Chinese stock
on Jan. 23. It was down 3.1% on the day. EDUs upside potential is 56.1% based on
brokerage analysts average target price of $35.19. It is trading at 64.8% of its
52-week high of $34.77, and 9.4% above its 52-week low of $20.61. AutoNavi
Holdings Ltd (ADR) (NASDAQ:AMAP) is the 10th most oversold U.S.-listed Chinese
stock on Jan. 23. It was down 2.5% on the day. AMAPs upside potential is 89.3%
based on brokerage analysts average target price of $20.46. It is trading at
53.5% of its 52-week high of $20.20, and 21.9% above its 52-week low of $8.87.
Trina Solar Limited (ADR) (NYSE:TSL) is the 11th most oversold U.S.-listed
Chinese stock on Jan. 23. It was down 2.4% on the day. TSLs upside potential is
38.0% based on brokerage analysts average target price of $10.92. It is trading
at 25.5% of its 52-week high of $31.08, and 49.8% above its 52-week low of
$5.28. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 12th most oversold
U.S.-listed Chinese stock on Jan. 23. It was down 2.3% on the day. JASOs upside
potential is 59.1% based on brokerage analysts average target price of $2.74. It
is trading at 20.1% of its 52-week high of $8.57, and 42.1% above its 52-week
low of $1.21. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 13th most
oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.2% on the day. STPs
upside potential is 5.3% based on brokerage analysts average target price of
$3.34. It is trading at 29.3% of its 52-week high of $10.83, and 86.5% above its
52-week low of $1.70. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 14th most oversold
U.S.-listed Chinese stock on Jan. 23. It was down 2.0% on the day. JOBSs upside
potential is 46.1% based on brokerage analysts average target price of $64.50.
It is trading at 63.3% of its 52-week high of $69.80, and 20.6% above its
52-week low of $36.62. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 15th
most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.9% on the day.
SCRs upside potential is 2.7% based on brokerage analysts average target price
of $9.06. It is trading at 64.3% of its 52-week high of $13.72, and 23.9% above
its 52-week low of $7.12. Semiconductor Manufacturing Intl (ADR) (NYSE:SMI) is
the 16th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.6% on
the day. SMIs upside potential is 0.5% based on brokerage analysts average
target price of $2.49. It is trading at 42.9% of its 52-week high of $5.78, and
17.0% above its 52-week low of $2.12. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) is the 17th most oversold U.S.-listed Chinese stock on Jan. 23. It was
down 1.5% on the day. EJs upside potential is 26.1% based on brokerage analysts
average target price of $7.65. It is trading at 37.4% of its 52-week high of
$16.25, and 51.0% above its 52-week low of $4.02. Rda Microelectronics Inc (ADR)
(NASDAQ:RDA) is the 18th most oversold U.S.-listed Chinese stock on Jan. 23. It
was down 1.3% on the day. RDAs upside potential is 44.8% based on brokerage
analysts average target price of $15.67. It is trading at 70.1% of its 52-week
high of $15.43, and 53.3% above its 52-week low of $7.06. SINA Corporation (USA)
(NASDAQ:SINA) is the 19th most oversold U.S.-listed Chinese stock on Jan. 23. It
was down 0.9% on the day. SINAs upside potential is 56.9% based on brokerage
analysts average target price of $101.09. It is trading at 43.8% of its 52-week
high of $147.12, and 37.5% above its 52-week low of $46.86. China Lodging Group,
Ltd (ADR) (NASDAQ:HTHT) is the 20th most oversold U.S.-listed Chinese stock on
Jan. 23. It was down 0.4% on the day. HTHTs upside potential is 49.5% based on
brokerage analysts average target price of $20.96. It is trading at 62.3% of its
52-week high of $22.50, and 16.8% above its 52-week low of $12.00.
(NYSE:SOL) is the most oversold U.S.-listed Chinese stock on Jan. 23. It was
down 7.5% on the day. SOLs upside potential is 15.6% based on brokerage analysts
average target price of $2.44. It is trading at 15.9% of its 52-week high of
$13.25, and 45.5% above its 52-week low of $1.45. LDK Solar Co., Ltd (ADR)
(NYSE:LDK) is the second most oversold U.S.-listed Chinese stock on Jan. 23. It
was down 5.2% on the day. LDKs upside potential is -29.8% based on brokerage
analysts average target price of $3.33. It is trading at 31.7% of its 52-week
high of $14.97, and 85.9% above its 52-week low of $2.55. E Commerce China
Dangdang Inc (ADR) (NYSE:DANG) is the third most oversold U.S.-listed Chinese
stock on Jan. 23. It was down 5.2% on the day. DANGs upside potential is 10.6%
based on brokerage analysts average target price of $7.91. It is trading at
22.6% of its 52-week high of $31.58, and 74.0% above its 52-week low of $4.11.
NetQin Mobile Inc (ADR) (NYSE:NQ) is the fourth most oversold U.S.-listed
Chinese stock on Jan. 23. It was down 4.6% on the day. NQs upside potential is
60.6% based on brokerage analysts average target price of $11.00. It is trading
at 57.6% of its 52-week high of $11.90, and 98.0% above its 52-week low of
$3.46. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the fifth most
oversold U.S.-listed Chinese stock on Jan. 23. It was down 4.2% on the day.
FMCNs upside potential is 93.4% based on brokerage analysts average target price
of $37.12. It is trading at 51.1% of its 52-week high of $37.58, and 118.3%
above its 52-week low of $8.79. Spreadtrum Communications, Inc (ADR)
(NASDAQ:SPRD) is the sixth most oversold U.S.-listed Chinese stock on Jan. 23.
It was down 4.1% on the day. SPRDs upside potential is 80.6% based on brokerage
analysts average target price of $28.88. It is trading at 53.3% of its 52-week
high of $29.98, and 86.1% above its 52-week low of $8.59. VanceInfo Technologies
Inc.(ADR) (NYSE:VIT) is the seventh most oversold U.S.-listed Chinese stock on
Jan. 23. It was down 3.4% on the day. VITs upside potential is 28.6% based on
brokerage analysts average target price of $16.66. It is trading at 35.4% of its
52-week high of $36.56, and 109.2% above its 52-week low of $6.19. ZHONGPIN INC.
(NASDAQ:HOGS) is the eighth most oversold U.S.-listed Chinese stock on Jan. 23.
It was down 3.4% on the day. HOGSs upside potential is 29.4% based on brokerage
analysts average target price of $15.32. It is trading at 60.7% of its 52-week
high of $19.50, and 79.4% above its 52-week low of $6.60. New Oriental Education
& Tech Grp (ADR) (NYSE:EDU) is the ninth most oversold U.S.-listed Chinese stock
on Jan. 23. It was down 3.1% on the day. EDUs upside potential is 56.1% based on
brokerage analysts average target price of $35.19. It is trading at 64.8% of its
52-week high of $34.77, and 9.4% above its 52-week low of $20.61. AutoNavi
Holdings Ltd (ADR) (NASDAQ:AMAP) is the 10th most oversold U.S.-listed Chinese
stock on Jan. 23. It was down 2.5% on the day. AMAPs upside potential is 89.3%
based on brokerage analysts average target price of $20.46. It is trading at
53.5% of its 52-week high of $20.20, and 21.9% above its 52-week low of $8.87.
Trina Solar Limited (ADR) (NYSE:TSL) is the 11th most oversold U.S.-listed
Chinese stock on Jan. 23. It was down 2.4% on the day. TSLs upside potential is
38.0% based on brokerage analysts average target price of $10.92. It is trading
at 25.5% of its 52-week high of $31.08, and 49.8% above its 52-week low of
$5.28. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 12th most oversold
U.S.-listed Chinese stock on Jan. 23. It was down 2.3% on the day. JASOs upside
potential is 59.1% based on brokerage analysts average target price of $2.74. It
is trading at 20.1% of its 52-week high of $8.57, and 42.1% above its 52-week
low of $1.21. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 13th most
oversold U.S.-listed Chinese stock on Jan. 23. It was down 2.2% on the day. STPs
upside potential is 5.3% based on brokerage analysts average target price of
$3.34. It is trading at 29.3% of its 52-week high of $10.83, and 86.5% above its
52-week low of $1.70. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 14th most oversold
U.S.-listed Chinese stock on Jan. 23. It was down 2.0% on the day. JOBSs upside
potential is 46.1% based on brokerage analysts average target price of $64.50.
It is trading at 63.3% of its 52-week high of $69.80, and 20.6% above its
52-week low of $36.62. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the 15th
most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.9% on the day.
SCRs upside potential is 2.7% based on brokerage analysts average target price
of $9.06. It is trading at 64.3% of its 52-week high of $13.72, and 23.9% above
its 52-week low of $7.12. Semiconductor Manufacturing Intl (ADR) (NYSE:SMI) is
the 16th most oversold U.S.-listed Chinese stock on Jan. 23. It was down 1.6% on
the day. SMIs upside potential is 0.5% based on brokerage analysts average
target price of $2.49. It is trading at 42.9% of its 52-week high of $5.78, and
17.0% above its 52-week low of $2.12. E-House (China) Holdings Limited (ADR)
(NYSE:EJ) is the 17th most oversold U.S.-listed Chinese stock on Jan. 23. It was
down 1.5% on the day. EJs upside potential is 26.1% based on brokerage analysts
average target price of $7.65. It is trading at 37.4% of its 52-week high of
$16.25, and 51.0% above its 52-week low of $4.02. Rda Microelectronics Inc (ADR)
(NASDAQ:RDA) is the 18th most oversold U.S.-listed Chinese stock on Jan. 23. It
was down 1.3% on the day. RDAs upside potential is 44.8% based on brokerage
analysts average target price of $15.67. It is trading at 70.1% of its 52-week
high of $15.43, and 53.3% above its 52-week low of $7.06. SINA Corporation (USA)
(NASDAQ:SINA) is the 19th most oversold U.S.-listed Chinese stock on Jan. 23. It
was down 0.9% on the day. SINAs upside potential is 56.9% based on brokerage
analysts average target price of $101.09. It is trading at 43.8% of its 52-week
high of $147.12, and 37.5% above its 52-week low of $46.86. China Lodging Group,
Ltd (ADR) (NASDAQ:HTHT) is the 20th most oversold U.S.-listed Chinese stock on
Jan. 23. It was down 0.4% on the day. HTHTs upside potential is 49.5% based on
brokerage analysts average target price of $20.96. It is trading at 62.3% of its
52-week high of $22.50, and 16.8% above its 52-week low of $12.00.
Energy Stocks Get a Jolt — Monday’s IP Market Recap
The energy sector lit up Monday after an announcement from Chesapeake Energy
(NYSE: CHK ) regarding its natural gas production. Chesapeake, one of the
world's top natural gas producers and responsible for 9% of the nation's
natural gas, said it will cut back its production by 8% and heavily reduce its
drilling expenditures. Natural gas prices spiked by more than 8%, and CHK as
well as other natural gas producers and even coal companies headed higher.
Southwestern Energy (NYSE: SWN ) stock jumped 10.3%, Range Resources (NYSE: CCR
) gained 9.2%, Forest Oil (NYSE: FST ) was up 8.8% and CHK shares finished up
6.4%. Meanwhile, coal producers like Patriot Coal (NYSE: PCX , +7.6%) and Alpha
Natural Resources (NYSE: ANR , +4.3%) also made significant gains. Unable to
find any energy of its own was Research In Motion (NASDAQ: RIMM ), which
finished down 8.5% Monday as co-CEOs Jim Balsillie and Mike Lazaridis stepped
down , with Thorsten Heins taking the reins. Likely fueling the negativity was
Heins' too-optimistic view of the company upon his promotion, among other
things, he said drastic change wasn't needed at RIM . Not what many investors
want to hear following 2011's bloodbath. Three Up Zagg Inc. (NASDAQ: ZAGG ):
Up 5.5% (47 cents) to $9.03. Kinross Gold (NYSE: KGC ): Up 4.5% (46 cents) to
$10.67. Youku.com (NASDAQ: YOKU ): Up 3.8% (79 cents) to $21.76. Three Down Pan
American Silver (NASDAQ: PAAS ): Down 9.8% ($2.43) to $22.29. ( Read more about
PAAS here. ) Netflix (NASDAQ: NFLX ): Down 6.3% ($6.28) to $93.96. Green
Mountain Coffee Roasters (NASDAQ: GMCR ): Down 4.8% ($2.45) to $48.45. Kyle
Woodley is the assistant editor of InvestorPlace.com. As of this writing, he did
not hold a position in any of the aforementioned securities. Check out recaps
from previous trading days here .
(NYSE: CHK ) regarding its natural gas production. Chesapeake, one of the
world's top natural gas producers and responsible for 9% of the nation's
natural gas, said it will cut back its production by 8% and heavily reduce its
drilling expenditures. Natural gas prices spiked by more than 8%, and CHK as
well as other natural gas producers and even coal companies headed higher.
Southwestern Energy (NYSE: SWN ) stock jumped 10.3%, Range Resources (NYSE: CCR
) gained 9.2%, Forest Oil (NYSE: FST ) was up 8.8% and CHK shares finished up
6.4%. Meanwhile, coal producers like Patriot Coal (NYSE: PCX , +7.6%) and Alpha
Natural Resources (NYSE: ANR , +4.3%) also made significant gains. Unable to
find any energy of its own was Research In Motion (NASDAQ: RIMM ), which
finished down 8.5% Monday as co-CEOs Jim Balsillie and Mike Lazaridis stepped
down , with Thorsten Heins taking the reins. Likely fueling the negativity was
Heins' too-optimistic view of the company upon his promotion, among other
things, he said drastic change wasn't needed at RIM . Not what many investors
want to hear following 2011's bloodbath. Three Up Zagg Inc. (NASDAQ: ZAGG ):
Up 5.5% (47 cents) to $9.03. Kinross Gold (NYSE: KGC ): Up 4.5% (46 cents) to
$10.67. Youku.com (NASDAQ: YOKU ): Up 3.8% (79 cents) to $21.76. Three Down Pan
American Silver (NASDAQ: PAAS ): Down 9.8% ($2.43) to $22.29. ( Read more about
PAAS here. ) Netflix (NASDAQ: NFLX ): Down 6.3% ($6.28) to $93.96. Green
Mountain Coffee Roasters (NASDAQ: GMCR ): Down 4.8% ($2.45) to $48.45. Kyle
Woodley is the assistant editor of InvestorPlace.com. As of this writing, he did
not hold a position in any of the aforementioned securities. Check out recaps
from previous trading days here .
6 Things That Will Cost Less in 2012
Its nice to be reminded that not everything you want is destined to go up, up,
up in price. CNNMoney.com has a nifty roundup of several drool-worthy purchases
that are likely to go down in price this year: 1. High-end wines. According to
senior wine seller Michael Glasby at Premier Cru in California, prices on
Bourdeaux vintages could fall by half, with even better deals on Burgundies and
other varieties from South Africa, South America and Australia. 2. Ultrabook
computers. NPD analyst Stephen Baker expects a 50% price cut on these
ultra-fast, ultra-thin computers, which have no hard disk or DVD drive. Some
could go for as little as $500. 3. Homes. Depending on where you live, home
prices may still have further to fall especially in areas hardest hit by
foreclosures. Areas with strong demand, though, such as Washington, D.C, and San
Francisco, are seeing increases. 4. Tablet computers. Last years $199 Kindle
Fire (Amazon , NASDAQ: AMZN ) set off a rush to offer cheaper tablets. That
trend should come to fruition this year. 5. Car rentals. A glut of cars and
fierce competition is already resulting in great deals for travelers, available
on both car-rental websites like Dollar (NYSE: DTG ), Budget, and Hertz (NYSE:
HTZ ) and discount travel sites such as Expedia (NASDAQ: EXPE ). 6. HDTVs. The
debut of more reasonably priced 60- to 70-inch high-definition TVs at this years
Consumer Electronics Show in Las Vegas will surely push down prices on 40- to
50-inch models. Read more at CNNMoney.com .
up in price. CNNMoney.com has a nifty roundup of several drool-worthy purchases
that are likely to go down in price this year: 1. High-end wines. According to
senior wine seller Michael Glasby at Premier Cru in California, prices on
Bourdeaux vintages could fall by half, with even better deals on Burgundies and
other varieties from South Africa, South America and Australia. 2. Ultrabook
computers. NPD analyst Stephen Baker expects a 50% price cut on these
ultra-fast, ultra-thin computers, which have no hard disk or DVD drive. Some
could go for as little as $500. 3. Homes. Depending on where you live, home
prices may still have further to fall especially in areas hardest hit by
foreclosures. Areas with strong demand, though, such as Washington, D.C, and San
Francisco, are seeing increases. 4. Tablet computers. Last years $199 Kindle
Fire (Amazon , NASDAQ: AMZN ) set off a rush to offer cheaper tablets. That
trend should come to fruition this year. 5. Car rentals. A glut of cars and
fierce competition is already resulting in great deals for travelers, available
on both car-rental websites like Dollar (NYSE: DTG ), Budget, and Hertz (NYSE:
HTZ ) and discount travel sites such as Expedia (NASDAQ: EXPE ). 6. HDTVs. The
debut of more reasonably priced 60- to 70-inch high-definition TVs at this years
Consumer Electronics Show in Las Vegas will surely push down prices on 40- to
50-inch models. Read more at CNNMoney.com .
6 Things That Will Cost Less in 2012
Its nice to be reminded that not everything you want is destined to go up, up,
up in price. CNNMoney.com has a nifty roundup of several drool-worthy purchases
that are likely to go down in price this year: 1. High-end wines. According to
senior wine seller Michael Glasby at Premier Cru in California, prices on
Bourdeaux vintages could fall by half, with even better deals on Burgundies and
other varieties from South Africa, South America and Australia. 2. Ultrabook
computers. NPD analyst Stephen Baker expects a 50% price cut on these
ultra-fast, ultra-thin computers, which have no hard disk or DVD drive. Some
could go for as little as $500. 3. Homes. Depending on where you live, home
prices may still have further to fall especially in areas hardest hit by
foreclosures. Areas with strong demand, though, such as Washington, D.C, and San
Francisco, are seeing increases. 4. Tablet computers. Last years $199 Kindle
Fire (Amazon , NASDAQ: AMZN ) set off a rush to offer cheaper tablets. That
trend should come to fruition this year. 5. Car rentals. A glut of cars and
fierce competition is already resulting in great deals for travelers, available
on both car-rental websites like Dollar (NYSE: DTG ), Budget, and Hertz (NYSE:
HTZ ) and discount travel sites such as Expedia (NASDAQ: EXPE ). 6. HDTVs. The
debut of more reasonably priced 60- to 70-inch high-definition TVs at this years
Consumer Electronics Show in Las Vegas will surely push down prices on 40- to
50-inch models. Read more at CNNMoney.com .
up in price. CNNMoney.com has a nifty roundup of several drool-worthy purchases
that are likely to go down in price this year: 1. High-end wines. According to
senior wine seller Michael Glasby at Premier Cru in California, prices on
Bourdeaux vintages could fall by half, with even better deals on Burgundies and
other varieties from South Africa, South America and Australia. 2. Ultrabook
computers. NPD analyst Stephen Baker expects a 50% price cut on these
ultra-fast, ultra-thin computers, which have no hard disk or DVD drive. Some
could go for as little as $500. 3. Homes. Depending on where you live, home
prices may still have further to fall especially in areas hardest hit by
foreclosures. Areas with strong demand, though, such as Washington, D.C, and San
Francisco, are seeing increases. 4. Tablet computers. Last years $199 Kindle
Fire (Amazon , NASDAQ: AMZN ) set off a rush to offer cheaper tablets. That
trend should come to fruition this year. 5. Car rentals. A glut of cars and
fierce competition is already resulting in great deals for travelers, available
on both car-rental websites like Dollar (NYSE: DTG ), Budget, and Hertz (NYSE:
HTZ ) and discount travel sites such as Expedia (NASDAQ: EXPE ). 6. HDTVs. The
debut of more reasonably priced 60- to 70-inch high-definition TVs at this years
Consumer Electronics Show in Las Vegas will surely push down prices on 40- to
50-inch models. Read more at CNNMoney.com .
Global Growth Lifts Exchanges Worldwide
The S&P 500 Index is on pace for its strongest January in 15 years, while
European and Asian stock markets are doing even better. Last week, the Dow Jones
Europe stock index rose 2.71% led by Greece, at 12% (for now) while DJ's
Asia/Pacific index rose 3.12%, led by Hong Kong (4.5%). These foreign stock
markets are reflecting strong economic growth in Asia and some
better-than-expected bond auctions in Europe. On Thursday, $8.5 billion in
10-year Spanish bonds had a very successful auction. With a healthy bid-to-cover
ratio of 2.17, robust demand delivered lower yields. Another piece of good news
in Europe is that Germany's ZEW indicator of economic sentiment rose by 32.2
points on Tuesday, reaching its highest level in seven months. Clearly, the mood
of many Europeans is picking up. On Tuesday, China's National Bureau of
Statistics announced that Chinese GDP grew at an 8.9% annual pace in the fourth
quarter. Even though this was China's slowest GDP growth rate since mid-2009,
it beat economists' consensus estimates of 8.6% and was just a minor drop from
the 9.5% annual GDP growth pace in the third quarter. Now that China's
Purchasing Managers Index (PMI) is back above 50 and its industrial production
is up 12.8% (annual rate) in December (versus 12.4% in November), perhaps the
fourth quarter represented the trough for China's economic "slowdown." So
with economic growth looking up in the U.S., China and Germany the world's
top economies global stock markets scored big last week. The biggest
international wildcard continues to be Iran. European leaders will vote this
week on economic sanctions and an impending oil embargo. Interestingly, Greece
(which imports significant amounts of Iranian oil) asked the European Union to
make last-minute concessions regarding the impending EU embargo on Iranian oil.
Apparently, Greece imports Iranian oil under highly favorable terms that are
hard to match elsewhere. This means the EU oil embargo could be delayed.
European and Asian stock markets are doing even better. Last week, the Dow Jones
Europe stock index rose 2.71% led by Greece, at 12% (for now) while DJ's
Asia/Pacific index rose 3.12%, led by Hong Kong (4.5%). These foreign stock
markets are reflecting strong economic growth in Asia and some
better-than-expected bond auctions in Europe. On Thursday, $8.5 billion in
10-year Spanish bonds had a very successful auction. With a healthy bid-to-cover
ratio of 2.17, robust demand delivered lower yields. Another piece of good news
in Europe is that Germany's ZEW indicator of economic sentiment rose by 32.2
points on Tuesday, reaching its highest level in seven months. Clearly, the mood
of many Europeans is picking up. On Tuesday, China's National Bureau of
Statistics announced that Chinese GDP grew at an 8.9% annual pace in the fourth
quarter. Even though this was China's slowest GDP growth rate since mid-2009,
it beat economists' consensus estimates of 8.6% and was just a minor drop from
the 9.5% annual GDP growth pace in the third quarter. Now that China's
Purchasing Managers Index (PMI) is back above 50 and its industrial production
is up 12.8% (annual rate) in December (versus 12.4% in November), perhaps the
fourth quarter represented the trough for China's economic "slowdown." So
with economic growth looking up in the U.S., China and Germany the world's
top economies global stock markets scored big last week. The biggest
international wildcard continues to be Iran. European leaders will vote this
week on economic sanctions and an impending oil embargo. Interestingly, Greece
(which imports significant amounts of Iranian oil) asked the European Union to
make last-minute concessions regarding the impending EU embargo on Iranian oil.
Apparently, Greece imports Iranian oil under highly favorable terms that are
hard to match elsewhere. This means the EU oil embargo could be delayed.
Top 10 Best-Rated Small Cap Stocks: WX, SHOR, AZPN, CRIS, OPTR, SREV, AMRN, AXAS, KNOL, LOGM (Jan 23, 2012)
Below are the top 10 best-rated Small Cap stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (WX) is on the list.
WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 14 brokerage
analysts covering it. ShoreTel, Inc. (NASDAQ:SHOR) is the second best-rated
stock in this segment of the market. It is rated positively by 100% of the 11
brokerage analysts covering it. Aspen Technology, Inc. (NASDAQ:AZPN) is the
third best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Curis, Inc. (NASDAQ:CRIS) is the
fourth best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Optimer Pharmaceuticals, Inc.
(NASDAQ:OPTR) is the fifth best-rated stock in this segment of the market. It is
rated positively by 100% of the 10 brokerage analysts covering it. Servicesource
International Inc (NASDAQ:SREV) is the sixth best-rated stock in this segment of
the market. It is rated positively by 100% of the 10 brokerage analysts covering
it. Amarin Corporation plc (ADR) (NASDAQ:AMRN) is the seventh best-rated stock
in this segment of the market. It is rated positively by 100% of the 9 brokerage
analysts covering it. Abraxas Petroleum Corp. (NASDAQ:AXAS) is the eighth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 9 brokerage analysts covering it. Knology, Inc. (NASDAQ:KNOL) is the
ninth best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it. LogMeIn Inc (NASDAQ:LOGM) is the
10th best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it.
positive ratings by brokerage analysts. One Chinese company (WX) is on the list.
WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 14 brokerage
analysts covering it. ShoreTel, Inc. (NASDAQ:SHOR) is the second best-rated
stock in this segment of the market. It is rated positively by 100% of the 11
brokerage analysts covering it. Aspen Technology, Inc. (NASDAQ:AZPN) is the
third best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Curis, Inc. (NASDAQ:CRIS) is the
fourth best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Optimer Pharmaceuticals, Inc.
(NASDAQ:OPTR) is the fifth best-rated stock in this segment of the market. It is
rated positively by 100% of the 10 brokerage analysts covering it. Servicesource
International Inc (NASDAQ:SREV) is the sixth best-rated stock in this segment of
the market. It is rated positively by 100% of the 10 brokerage analysts covering
it. Amarin Corporation plc (ADR) (NASDAQ:AMRN) is the seventh best-rated stock
in this segment of the market. It is rated positively by 100% of the 9 brokerage
analysts covering it. Abraxas Petroleum Corp. (NASDAQ:AXAS) is the eighth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 9 brokerage analysts covering it. Knology, Inc. (NASDAQ:KNOL) is the
ninth best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it. LogMeIn Inc (NASDAQ:LOGM) is the
10th best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it.
Top 10 Best-Rated Small Cap Stocks: WX, SHOR, AZPN, CRIS, OPTR, SREV, AMRN, AXAS, KNOL, LOGM (Jan 23, 2012)
Below are the top 10 best-rated Small Cap stocks, based on the percentage of
positive ratings by brokerage analysts. One Chinese company (WX) is on the list.
WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 14 brokerage
analysts covering it. ShoreTel, Inc. (NASDAQ:SHOR) is the second best-rated
stock in this segment of the market. It is rated positively by 100% of the 11
brokerage analysts covering it. Aspen Technology, Inc. (NASDAQ:AZPN) is the
third best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Curis, Inc. (NASDAQ:CRIS) is the
fourth best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Optimer Pharmaceuticals, Inc.
(NASDAQ:OPTR) is the fifth best-rated stock in this segment of the market. It is
rated positively by 100% of the 10 brokerage analysts covering it. Servicesource
International Inc (NASDAQ:SREV) is the sixth best-rated stock in this segment of
the market. It is rated positively by 100% of the 10 brokerage analysts covering
it. Amarin Corporation plc (ADR) (NASDAQ:AMRN) is the seventh best-rated stock
in this segment of the market. It is rated positively by 100% of the 9 brokerage
analysts covering it. Abraxas Petroleum Corp. (NASDAQ:AXAS) is the eighth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 9 brokerage analysts covering it. Knology, Inc. (NASDAQ:KNOL) is the
ninth best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it. LogMeIn Inc (NASDAQ:LOGM) is the
10th best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it.
positive ratings by brokerage analysts. One Chinese company (WX) is on the list.
WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the first best-rated stock in
this segment of the market. It is rated positively by 100% of the 14 brokerage
analysts covering it. ShoreTel, Inc. (NASDAQ:SHOR) is the second best-rated
stock in this segment of the market. It is rated positively by 100% of the 11
brokerage analysts covering it. Aspen Technology, Inc. (NASDAQ:AZPN) is the
third best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Curis, Inc. (NASDAQ:CRIS) is the
fourth best-rated stock in this segment of the market. It is rated positively by
100% of the 10 brokerage analysts covering it. Optimer Pharmaceuticals, Inc.
(NASDAQ:OPTR) is the fifth best-rated stock in this segment of the market. It is
rated positively by 100% of the 10 brokerage analysts covering it. Servicesource
International Inc (NASDAQ:SREV) is the sixth best-rated stock in this segment of
the market. It is rated positively by 100% of the 10 brokerage analysts covering
it. Amarin Corporation plc (ADR) (NASDAQ:AMRN) is the seventh best-rated stock
in this segment of the market. It is rated positively by 100% of the 9 brokerage
analysts covering it. Abraxas Petroleum Corp. (NASDAQ:AXAS) is the eighth
best-rated stock in this segment of the market. It is rated positively by 100%
of the 9 brokerage analysts covering it. Knology, Inc. (NASDAQ:KNOL) is the
ninth best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it. LogMeIn Inc (NASDAQ:LOGM) is the
10th best-rated stock in this segment of the market. It is rated positively by
100% of the 9 brokerage analysts covering it.
Global Growth Lifts Exchanges Worldwide
The S&P 500 Index is on pace for its strongest January in 15 years, while
European and Asian stock markets are doing even better. Last week, the Dow Jones
Europe stock index rose 2.71% led by Greece, at 12% (for now) while DJ's
Asia/Pacific index rose 3.12%, led by Hong Kong (4.5%). These foreign stock
markets are reflecting strong economic growth in Asia and some
better-than-expected bond auctions in Europe. On Thursday, $8.5 billion in
10-year Spanish bonds had a very successful auction. With a healthy bid-to-cover
ratio of 2.17, robust demand delivered lower yields. Another piece of good news
in Europe is that Germany's ZEW indicator of economic sentiment rose by 32.2
points on Tuesday, reaching its highest level in seven months. Clearly, the mood
of many Europeans is picking up. On Tuesday, China's National Bureau of
Statistics announced that Chinese GDP grew at an 8.9% annual pace in the fourth
quarter. Even though this was China's slowest GDP growth rate since mid-2009,
it beat economists' consensus estimates of 8.6% and was just a minor drop from
the 9.5% annual GDP growth pace in the third quarter. Now that China's
Purchasing Managers Index (PMI) is back above 50 and its industrial production
is up 12.8% (annual rate) in December (versus 12.4% in November), perhaps the
fourth quarter represented the trough for China's economic "slowdown." So
with economic growth looking up in the U.S., China and Germany the world's
top economies global stock markets scored big last week. The biggest
international wildcard continues to be Iran. European leaders will vote this
week on economic sanctions and an impending oil embargo. Interestingly, Greece
(which imports significant amounts of Iranian oil) asked the European Union to
make last-minute concessions regarding the impending EU embargo on Iranian oil.
Apparently, Greece imports Iranian oil under highly favorable terms that are
hard to match elsewhere. This means the EU oil embargo could be delayed.
European and Asian stock markets are doing even better. Last week, the Dow Jones
Europe stock index rose 2.71% led by Greece, at 12% (for now) while DJ's
Asia/Pacific index rose 3.12%, led by Hong Kong (4.5%). These foreign stock
markets are reflecting strong economic growth in Asia and some
better-than-expected bond auctions in Europe. On Thursday, $8.5 billion in
10-year Spanish bonds had a very successful auction. With a healthy bid-to-cover
ratio of 2.17, robust demand delivered lower yields. Another piece of good news
in Europe is that Germany's ZEW indicator of economic sentiment rose by 32.2
points on Tuesday, reaching its highest level in seven months. Clearly, the mood
of many Europeans is picking up. On Tuesday, China's National Bureau of
Statistics announced that Chinese GDP grew at an 8.9% annual pace in the fourth
quarter. Even though this was China's slowest GDP growth rate since mid-2009,
it beat economists' consensus estimates of 8.6% and was just a minor drop from
the 9.5% annual GDP growth pace in the third quarter. Now that China's
Purchasing Managers Index (PMI) is back above 50 and its industrial production
is up 12.8% (annual rate) in December (versus 12.4% in November), perhaps the
fourth quarter represented the trough for China's economic "slowdown." So
with economic growth looking up in the U.S., China and Germany the world's
top economies global stock markets scored big last week. The biggest
international wildcard continues to be Iran. European leaders will vote this
week on economic sanctions and an impending oil embargo. Interestingly, Greece
(which imports significant amounts of Iranian oil) asked the European Union to
make last-minute concessions regarding the impending EU embargo on Iranian oil.
Apparently, Greece imports Iranian oil under highly favorable terms that are
hard to match elsewhere. This means the EU oil embargo could be delayed.
Microsoft Corporation (NASDAQ:MSFT) Gives Info On Windows 8 Broadband Features
XCSFDHG46767FHJHJF
tdp2664 E money daily Microsoft Corporation (NASDAQ:MSFT) has provided details on mobile broadband improvements in Windows 8. Microsoft Corporation (NASDAQ:MSFT) Gives Info On Windows 8 Broadband Features Microsoft Corporation (NASDAQ:MSFT) has given details on a variety of ways in which the upcoming Windows 8 operating system will help users to manage their connections to Wi-Fi and mobile broadband networks. Windows 8 features a common mobile-broadband class driver that works with devices from a variety of mobile operators and vendors, eliminating the need for users to install device driver software. Another enhancement in Windows 8 is that it provides native management within a single console of mobile broadband device functions. Billy Anders, a Microsoft Corporation (NASDAQ:MSFT) group program manager, said that, “Microsoft Corporation (NASDAQ:MSFT) looked at the fundamentals of wireless connectivity and re-engineered Windows 8 for a mobile and wireless future, going beyond incremental improvements. We knew that if we were to give you true mobility, that Wi-Fi alone would not be enough. Therefore, for Windows 8, we fully developed and integrated mobile broadband (MB) as a first-class connectivity experience within Windows — right alongside Wi-Fi. Prior to Windows 8, you needed these applications to compensate for functionality not provided natively in Windows. This additional software confused and frustrated users by conflicting with the Windows connection manager, showing different networks, network status, and a separate user interface. Windows 8 eliminates this confusion by providing simple, intuitive, and fully integrated radio and connection management”. Microsoft Corp. (NASDAQ:MSFT) stocks were at 29.71 at the end of the last day’s trading. There’s been a 9.4% movement in the stock price over the past 3 months. Microsoft Corp. (NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.82 Zack’s Rank: 10 out of 92 in the industry
Monday Apple Rumors: A Big Weekend for Interactive Textbooks
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Here are today's Apple rumors and AAPL stock items. Apple iBooks Doles Out 350,000 Textbooks in 3 Days: Early interest in the next interactive textbooks available on the iPad through Apple’s iBookstore surged during their first weekend of availability, according to an article published on Monday by All Things Digital . Global Equities Research reported on Monday morning that 350,000 textbooks were downloaded between Friday and Sunday. This is good news for Apple publishing partners like McGraw-Hill (NYSE: MHP ) and Pearson (NYSE: PLC ) as well as for Apple, but it’s unclear if those sales will stay steady once press coverage of the reborn iBooks app has died down. Apple’s other major publishing release, the e-book publishing app iBooks Author, was downloaded 90,000 times over the same period. Tablet Ownership Doubled over Holidays: If analyst predictions of record iPhone sales aren’t enough to get shareholders salivating ahead of Apple’s quarterly earnings call on Tuesday, a new study released from Pew Research should also rev some engines. The research group found that tablet ownership in American households nearly doubled between December and January, growing from 11% to 19% in one fell swoop. Pew’s data includes all tablets, from the iPad to Amazon ‘s (NASDAQ: AMZN ) Kindle Fire and Barnes & Noble ‘s (NYSE: BKS ) Nook. iPhone 4S Wins Customers from Competitors: Consumer Intelligence Research Partners released a report on Monday (via Apple Insider ) looking at the background of iPhone 4S buyers. The firm found that 36% of consumers who bought the iPhone 4S following the device’s release in October had jumped from using competing platforms, including Research In Motion ‘s (NASDAQ: RIMM ) BlackBerry phones, Google ‘s (NASDAQ: GOOG ) Android devices, and even Hewlett-Packard ‘s (NYSE: HPQ ) Palm phones. The report also found that 21% of iPhone 4S buyers purchase the 64GB model, the most expensive available. That’s a higher-than-expected percentage of consumers compared to previous studies, like one conducted by Piper Jaffray that found just 19% of consumers opt for the largest model. As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at
Pan American (PAAS), Minefinders (MFN) Agree to C$1.5B Deal
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 While merger and acquisition (M&A) activity has picked up of late in the gold sector, this morning’s multi-billion dollar deal involved two of the most widely-held silver companies in the precious metals space. Pan American Silver (PAAS) and Minefinders (MFL.TSX, AMEX: MFN) announced that they entered into a definitive agreement whereby Pan American will acquire Minefinders for C$15.60 per share, or approximately for C$1.5 billion. The offer price represents a 36% premium to last Friday’s closing price for MFL.TSX of C$11.50 per share. Shares of MFL.TSX surged as much as 27.7% to C$14.86 this morning and remained higher by 25.5% at C$14.43 in mid-day trading.
Gold, Silver Start the Week Climbing
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Gold and silver were moving higher Monday to start the week’s trading, as market attention is focused across the Atlantic, where eurozone finance ministers are expected to decide on a government debt resolution package offered by private sector bondholders . In other European news, the EU parliament voted to implement an embargo on Iranian oil imports that’s set to go into effect July 1. U.S. earnings season is in full swing — Dow Jones Transportation Index component CSX Corp. (NYSE: CSX ) reports earnings after the bell today — but the U.S. economic data calendar is light until Thursday, when the Labor Department reports on weekly initial claims for unemployment insurance. Spot gold was showing a gain of just over 0.5% this morning, bid at $1,675.50 per ounce with an ask price of $1,676.50. Spot gold traded as high as $1,679.50 and as low as $1,665.60. The London afternoon reference price fix came in at $1,675.50, $22.50 per ounce higher than Friday’s reference price, according to Kitco market data . Spot silver was up 0.84%, bid at $32.47 per ounce with an ask price of $32.57. The morning high as of time of writing was $32.71 and the low was $31.84. Friday’s reference price was set at $32.45 in the London a.m., $2.09 per ounce higher than Friday’s price fix. Shares of Vancouver’s Pan American Silver (NASDAQ: PAAS ) were getting hammered as management announced it’s acquiring Vancouver’s Minefinders for total compensation of $15.60 per share based on their Jan. 20 closing price, with a total transaction valued around $1.5 billion. Silver production for the combined company is expected to increase from some 26 million ounces currently to more than 50 million ounces by 2015. Gold bullion prices hit a six-week high of $1,677 an ounce in London morning trading Monday, according to BullionVault’s London Gold Market report. “Near-term technical have turned more bullish (for gold),” according to the latest technical analysis from Scotia Mocatta, though the precious metals dealer sees “psychological resistance looming at $1,700.” Gold and silver trusts were showing gains Monday morning. The SPDR Gold Trust (NYSE: GLD ) was moving higher, up over 0.5%. The iShares Gold Trust (NYSE: IAU ) was showing gains of nearly 0.7%. The iShares Silver Trust (NYSE: SLV ) was up about 1%. Gold and silver mining ETFs were showing strong gains. The Market Vectors Gold Miners ETF (NYSE: GDX ) was showing gains of more than 1.2%. The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was up nearly 2.3%. The Global X Silver Miners ETF (NYSE: SIL ) was up around 2%. Gold mining shares were showing healthy gains, with Kinross Gold (NYSE: KGC ) and Yamana Gold (NYSE: AUY ) leading the way. Agnico-Eagle Mines (NYSE: AEM ) was showing gains of about 1.1%. Barrick Gold (NYSE: ABX ) was up 1.4%. Eldorado Gold (NYSE: EGO ) was up less than 0.1%. Goldcorp (NYSE: GG ) was up around 0.4%. Kinross Gold was up more than 3.5%. Newmont Mining (NYSE: NEM ) was trading flat. NovaGold Resources (AMEX: NG ) was up nearly 1.2%. Yamana Gold was trading sharply higher, up almost 3.7%. Silver mining shares were showing strong gains for the most part. Silver Standard Resource s’ (NASDAQ: SSRI ) shares were sharply higher, though the company has issued no news releases. PAAS shares were plummeting. Coeur d’Alene Mines (NYSE: CDE ) was moving higher, up more than 1.9%. Hecla Mining (NYSE: HL ) was up around 0.2%. Pan American Silver was down around 8%. Silver Wheaton (NYSE: SLW ) was showing gains of more than 3.2%. Silver Standard Resources was up about 4%. As of this writing, Andrew Burger did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.
Crocodile Gold Agrees to Revised Offer with Luxor Group
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Crocodile Gold (CRK.TSX) reached an agreement with Armant, LLC – an affiliate of investment funds managed by Luxor Capital Group, LP– to amend its previously announced offer to acquire up to 215,386,435 common shares of CRK.TSX by raising the purchase price to C$0.62 from C$0.56 per share. Crocodile Gold also announced full-year 2011 gold production of 68,019 ounces, within the Company's guidance of 66,000-69,000.
Crocodile Gold Agrees to Revised Offer with Luxor Group
Crocodile Gold (CRK.TSX) reached an agreement with Armant, LLC – an affiliate
of investment funds managed by Luxor Capital Group, LP– to amend its
previously announced offer to acquire up to 215,386,435 common shares of CRK.TSX
by raising the purchase price to C$0.62 from C$0.56 per share. Crocodile Gold
also announced full-year 2011 gold production of 68,019 ounces, within the
Company's guidance of 66,000-69,000.
of investment funds managed by Luxor Capital Group, LP– to amend its
previously announced offer to acquire up to 215,386,435 common shares of CRK.TSX
by raising the purchase price to C$0.62 from C$0.56 per share. Crocodile Gold
also announced full-year 2011 gold production of 68,019 ounces, within the
Company's guidance of 66,000-69,000.
Crocodile Gold (CRK) agrees to revised offer with Luxor Group
DG365FD46564GFH654FU898
Read the original:
Crocodile Gold (CRK) agrees to revised offer with Luxor Group
Microsoft Corporation (NASDAQ:MSFT) Refocusing Marketing For Bing
Microsoft Corporation (NASDAQ:MSFT) has rebranded its search engine with the
tagline Bing Is for Doing. Microsoft Corporation (NASDAQ:MSFT) Refocusing
Marketing For Bing Reports say that Microsoft Corporation (NASDAQ:MSFT) is
launching "Bing is for Doing", a new tagline for its search engine, after a
big-budget ad spot during the NFC championship game. Microsoft Corporation
(NASDAQ:MSFT) has enlisted several winter sports athletes doing amazing things
as part of this ad campaign in order to inspire people to use Bing. The ads will
start showing up when Bing presents the story of Kevin Pearce, an American
snowboarder, whose tragic accident crushed his Olympic hopes. Microsoft Corp.
(NASDAQ:MSFT) company shares are currently standing at 29.71. Price History Last
Price: 29.71 52 Week Low / High: 23.65 / 29.74 50 Day Moving Average: 26.29 6
Month Price Change %: 7.9% 12 Month Price Change %: 4.8%
tagline Bing Is for Doing. Microsoft Corporation (NASDAQ:MSFT) Refocusing
Marketing For Bing Reports say that Microsoft Corporation (NASDAQ:MSFT) is
launching "Bing is for Doing", a new tagline for its search engine, after a
big-budget ad spot during the NFC championship game. Microsoft Corporation
(NASDAQ:MSFT) has enlisted several winter sports athletes doing amazing things
as part of this ad campaign in order to inspire people to use Bing. The ads will
start showing up when Bing presents the story of Kevin Pearce, an American
snowboarder, whose tragic accident crushed his Olympic hopes. Microsoft Corp.
(NASDAQ:MSFT) company shares are currently standing at 29.71. Price History Last
Price: 29.71 52 Week Low / High: 23.65 / 29.74 50 Day Moving Average: 26.29 6
Month Price Change %: 7.9% 12 Month Price Change %: 4.8%
Monday Apple Rumors: A Big Weekend for Interactive Textbooks
Here are today's Apple rumors and AAPL stock items. Apple iBooks Doles Out
350,000 Textbooks in 3 Days: Early interest in the next interactive textbooks
available on the iPad through Apples iBookstore surged during their first
weekend of availability, according to an article published on Monday by All
Things Digital . Global Equities Research reported on Monday morning that
350,000 textbooks were downloaded between Friday and Sunday. This is good news
for Apple publishing partners like McGraw-Hill (NYSE: MHP ) and Pearson (NYSE:
PLC ) as well as for Apple, but its unclear if those sales will stay steady once
press coverage of the reborn iBooks app has died down. Apples other major
publishing release, the e-book publishing app iBooks Author, was downloaded
90,000 times over the same period. Tablet Ownership Doubled over Holidays: If
analyst predictions of record iPhone sales arent enough to get shareholders
salivating ahead of Apples quarterly earnings call on Tuesday, a new study
released from Pew Research should also rev some engines. The research group
found that tablet ownership in American households nearly doubled between
December and January, growing from 11% to 19% in one fell swoop. Pews data
includes all tablets, from the iPad to Amazon s (NASDAQ: AMZN ) Kindle Fire and
Barnes & Noble s (NYSE: BKS ) Nook. iPhone 4S Wins Customers from Competitors:
Consumer Intelligence Research Partners released a report on Monday (via Apple
Insider ) looking at the background of iPhone 4S buyers. The firm found that 36%
of consumers who bought the iPhone 4S following the devices release in October
had jumped from using competing platforms, including Research In Motion s
(NASDAQ: RIMM ) BlackBerry phones, Google s (NASDAQ: GOOG ) Android devices, and
even Hewlett-Packard s (NYSE: HPQ ) Palm phones. The report also found that 21%
of iPhone 4S buyers purchase the 64GB model, the most expensive available. Thats
a higher-than-expected percentage of consumers compared to previous studies,
like one conducted by Piper Jaffray that found just 19% of consumers opt for the
largest model. As of this writing, Anthony John Agnello did not hold a position
in any of the aforementioned stocks. Follow him on Twitter at
350,000 Textbooks in 3 Days: Early interest in the next interactive textbooks
available on the iPad through Apples iBookstore surged during their first
weekend of availability, according to an article published on Monday by All
Things Digital . Global Equities Research reported on Monday morning that
350,000 textbooks were downloaded between Friday and Sunday. This is good news
for Apple publishing partners like McGraw-Hill (NYSE: MHP ) and Pearson (NYSE:
PLC ) as well as for Apple, but its unclear if those sales will stay steady once
press coverage of the reborn iBooks app has died down. Apples other major
publishing release, the e-book publishing app iBooks Author, was downloaded
90,000 times over the same period. Tablet Ownership Doubled over Holidays: If
analyst predictions of record iPhone sales arent enough to get shareholders
salivating ahead of Apples quarterly earnings call on Tuesday, a new study
released from Pew Research should also rev some engines. The research group
found that tablet ownership in American households nearly doubled between
December and January, growing from 11% to 19% in one fell swoop. Pews data
includes all tablets, from the iPad to Amazon s (NASDAQ: AMZN ) Kindle Fire and
Barnes & Noble s (NYSE: BKS ) Nook. iPhone 4S Wins Customers from Competitors:
Consumer Intelligence Research Partners released a report on Monday (via Apple
Insider ) looking at the background of iPhone 4S buyers. The firm found that 36%
of consumers who bought the iPhone 4S following the devices release in October
had jumped from using competing platforms, including Research In Motion s
(NASDAQ: RIMM ) BlackBerry phones, Google s (NASDAQ: GOOG ) Android devices, and
even Hewlett-Packard s (NYSE: HPQ ) Palm phones. The report also found that 21%
of iPhone 4S buyers purchase the 64GB model, the most expensive available. Thats
a higher-than-expected percentage of consumers compared to previous studies,
like one conducted by Piper Jaffray that found just 19% of consumers opt for the
largest model. As of this writing, Anthony John Agnello did not hold a position
in any of the aforementioned stocks. Follow him on Twitter at
Top 10 Rebounding Solar Stocks: ENER, DSTI, WEST, ASTI, HSOL, LDK, STP, SPIR, DQ, CSUN (Jan 23, 2012)
Below are the top 10 rebounding Solar stocks, ranked based on % change from
52-week lows. Five Chinese companies (HSOL, LDK, STP, DQ, CSUN) are on the list.
CLICK HERE for Solar Stocks Comparison Table Energy Conversion Devices, Inc.
(NASDAQ:ENER) is the 1st best rebounding stock in this segment of the market. It
has risen 412% from its 52-week low. It is now trading at 22% of its 52-week
high. DayStar Technologies Inc. (NASDAQ:DSTI) is the 2nd best rebounding stock
in this segment of the market. It has risen 192% from its 52-week low. It is now
trading at 23% of its 52-week high. Westinghouse Solar Inc (NASDAQ:WEST) is the
3rd best rebounding stock in this segment of the market. It has risen 186% from
its 52-week low. It is now trading at 27% of its 52-week high. Ascent Solar
Technologies, Inc. (NASDAQ:ASTI) is the 4th best rebounding stock in this
segment of the market. It has risen 121% from its 52-week low. It is now trading
at 21% of its 52-week high. Hanwha Solarone Co Ltd (NASDAQ:HSOL) is the 5th best
rebounding stock in this segment of the market. It has risen 96% from its
52-week low. It is now trading at 18% of its 52-week high. LDK Solar Co., Ltd
(ADR) (NYSE:LDK) is the 6th best rebounding stock in this segment of the market.
It has risen 96% from its 52-week low. It is now trading at 33% of its 52-week
high. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 7th best
rebounding stock in this segment of the market. It has risen 91% from its
52-week low. It is now trading at 30% of its 52-week high. Spire Corporation
(NASDAQ:SPIR) is the 8th best rebounding stock in this segment of the market. It
has risen 83% from its 52-week low. It is now trading at 16% of its 52-week
high. Daqo New Energy Corp. (NYSE:DQ) is the 9th best rebounding stock in this
segment of the market. It has risen 70% from its 52-week low. It is now trading
at 16% of its 52-week high. China Sunergy Co Ltd (NASDAQ:CSUN) is the 10th best
rebounding stock in this segment of the market. It has risen 70% from its
52-week low. It is now trading at 12% of its 52-week high. CLICK HERE for Solar
Stocks Comparison Table
52-week lows. Five Chinese companies (HSOL, LDK, STP, DQ, CSUN) are on the list.
CLICK HERE for Solar Stocks Comparison Table Energy Conversion Devices, Inc.
(NASDAQ:ENER) is the 1st best rebounding stock in this segment of the market. It
has risen 412% from its 52-week low. It is now trading at 22% of its 52-week
high. DayStar Technologies Inc. (NASDAQ:DSTI) is the 2nd best rebounding stock
in this segment of the market. It has risen 192% from its 52-week low. It is now
trading at 23% of its 52-week high. Westinghouse Solar Inc (NASDAQ:WEST) is the
3rd best rebounding stock in this segment of the market. It has risen 186% from
its 52-week low. It is now trading at 27% of its 52-week high. Ascent Solar
Technologies, Inc. (NASDAQ:ASTI) is the 4th best rebounding stock in this
segment of the market. It has risen 121% from its 52-week low. It is now trading
at 21% of its 52-week high. Hanwha Solarone Co Ltd (NASDAQ:HSOL) is the 5th best
rebounding stock in this segment of the market. It has risen 96% from its
52-week low. It is now trading at 18% of its 52-week high. LDK Solar Co., Ltd
(ADR) (NYSE:LDK) is the 6th best rebounding stock in this segment of the market.
It has risen 96% from its 52-week low. It is now trading at 33% of its 52-week
high. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 7th best
rebounding stock in this segment of the market. It has risen 91% from its
52-week low. It is now trading at 30% of its 52-week high. Spire Corporation
(NASDAQ:SPIR) is the 8th best rebounding stock in this segment of the market. It
has risen 83% from its 52-week low. It is now trading at 16% of its 52-week
high. Daqo New Energy Corp. (NYSE:DQ) is the 9th best rebounding stock in this
segment of the market. It has risen 70% from its 52-week low. It is now trading
at 16% of its 52-week high. China Sunergy Co Ltd (NASDAQ:CSUN) is the 10th best
rebounding stock in this segment of the market. It has risen 70% from its
52-week low. It is now trading at 12% of its 52-week high. CLICK HERE for Solar
Stocks Comparison Table
Gold, Silver Start the Week Climbing
Gold and silver were moving higher Monday to start the weeks trading, as market
attention is focused across the Atlantic, where eurozone finance ministers are
expected to decide on a government debt resolution package offered by private
sector bondholders . In other European news, the EU parliament voted to
implement an embargo on Iranian oil imports thats set to go into effect July 1.
U.S. earnings season is in full swing Dow Jones Transportation Index component
CSX Corp. (NYSE: CSX ) reports earnings after the bell today but the U.S.
economic data calendar is light until Thursday, when the Labor Department
reports on weekly initial claims for unemployment insurance. Spot gold was
showing a gain of just over 0.5% this morning, bid at $1,675.50 per ounce with
an ask price of $1,676.50. Spot gold traded as high as $1,679.50 and as low as
$1,665.60. The London afternoon reference price fix came in at $1,675.50, $22.50
per ounce higher than Fridays reference price, according to Kitco market data .
Spot silver was up 0.84%, bid at $32.47 per ounce with an ask price of $32.57.
The morning high as of time of writing was $32.71 and the low was $31.84.
Fridays reference price was set at $32.45 in the London a.m., $2.09 per ounce
higher than Fridays price fix. Shares of Vancouvers Pan American Silver (NASDAQ:
PAAS ) were getting hammered as management announced its acquiring Vancouvers
Minefinders for total compensation of $15.60 per share based on their Jan. 20
closing price, with a total transaction valued around $1.5 billion. Silver
production for the combined company is expected to increase from some 26 million
ounces currently to more than 50 million ounces by 2015. Gold bullion prices hit
a six-week high of $1,677 an ounce in London morning trading Monday, according
to BullionVaults London Gold Market report. Near-term technical have turned more
bullish (for gold), according to the latest technical analysis from Scotia
Mocatta, though the precious metals dealer sees psychological resistance looming
at $1,700. Gold and silver trusts were showing gains Monday morning. The SPDR
Gold Trust (NYSE: GLD ) was moving higher, up over 0.5%. The iShares Gold Trust
(NYSE: IAU ) was showing gains of nearly 0.7%. The iShares Silver Trust (NYSE:
SLV ) was up about 1%. Gold and silver mining ETFs were showing strong gains.
The Market Vectors Gold Miners ETF (NYSE: GDX ) was showing gains of more than
1.2%. The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was up nearly
2.3%. The Global X Silver Miners ETF (NYSE: SIL ) was up around 2%. Gold mining
shares were showing healthy gains, with Kinross Gold (NYSE: KGC ) and Yamana
Gold (NYSE: AUY ) leading the way. Agnico-Eagle Mines (NYSE: AEM ) was showing
gains of about 1.1%. Barrick Gold (NYSE: ABX ) was up 1.4%. Eldorado Gold (NYSE:
EGO ) was up less than 0.1%. Goldcorp (NYSE: GG ) was up around 0.4%. Kinross
Gold was up more than 3.5%. Newmont Mining (NYSE: NEM ) was trading flat.
NovaGold Resources (AMEX: NG ) was up nearly 1.2%. Yamana Gold was trading
sharply higher, up almost 3.7%. Silver mining shares were showing strong gains
for the most part. Silver Standard Resource s (NASDAQ: SSRI ) shares were
sharply higher, though the company has issued no news releases. PAAS shares were
plummeting. Coeur dAlene Mines (NYSE: CDE ) was moving higher, up more than
1.9%. Hecla Mining (NYSE: HL ) was up around 0.2%. Pan American Silver was down
around 8%. Silver Wheaton (NYSE: SLW ) was showing gains of more than 3.2%.
Silver Standard Resources was up about 4%. As of this writing, Andrew Burger did
not hold a position in any of the aforementioned securities. Adrian Ash of
BullionVault contributed to this report.
attention is focused across the Atlantic, where eurozone finance ministers are
expected to decide on a government debt resolution package offered by private
sector bondholders . In other European news, the EU parliament voted to
implement an embargo on Iranian oil imports thats set to go into effect July 1.
U.S. earnings season is in full swing Dow Jones Transportation Index component
CSX Corp. (NYSE: CSX ) reports earnings after the bell today but the U.S.
economic data calendar is light until Thursday, when the Labor Department
reports on weekly initial claims for unemployment insurance. Spot gold was
showing a gain of just over 0.5% this morning, bid at $1,675.50 per ounce with
an ask price of $1,676.50. Spot gold traded as high as $1,679.50 and as low as
$1,665.60. The London afternoon reference price fix came in at $1,675.50, $22.50
per ounce higher than Fridays reference price, according to Kitco market data .
Spot silver was up 0.84%, bid at $32.47 per ounce with an ask price of $32.57.
The morning high as of time of writing was $32.71 and the low was $31.84.
Fridays reference price was set at $32.45 in the London a.m., $2.09 per ounce
higher than Fridays price fix. Shares of Vancouvers Pan American Silver (NASDAQ:
PAAS ) were getting hammered as management announced its acquiring Vancouvers
Minefinders for total compensation of $15.60 per share based on their Jan. 20
closing price, with a total transaction valued around $1.5 billion. Silver
production for the combined company is expected to increase from some 26 million
ounces currently to more than 50 million ounces by 2015. Gold bullion prices hit
a six-week high of $1,677 an ounce in London morning trading Monday, according
to BullionVaults London Gold Market report. Near-term technical have turned more
bullish (for gold), according to the latest technical analysis from Scotia
Mocatta, though the precious metals dealer sees psychological resistance looming
at $1,700. Gold and silver trusts were showing gains Monday morning. The SPDR
Gold Trust (NYSE: GLD ) was moving higher, up over 0.5%. The iShares Gold Trust
(NYSE: IAU ) was showing gains of nearly 0.7%. The iShares Silver Trust (NYSE:
SLV ) was up about 1%. Gold and silver mining ETFs were showing strong gains.
The Market Vectors Gold Miners ETF (NYSE: GDX ) was showing gains of more than
1.2%. The Market Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was up nearly
2.3%. The Global X Silver Miners ETF (NYSE: SIL ) was up around 2%. Gold mining
shares were showing healthy gains, with Kinross Gold (NYSE: KGC ) and Yamana
Gold (NYSE: AUY ) leading the way. Agnico-Eagle Mines (NYSE: AEM ) was showing
gains of about 1.1%. Barrick Gold (NYSE: ABX ) was up 1.4%. Eldorado Gold (NYSE:
EGO ) was up less than 0.1%. Goldcorp (NYSE: GG ) was up around 0.4%. Kinross
Gold was up more than 3.5%. Newmont Mining (NYSE: NEM ) was trading flat.
NovaGold Resources (AMEX: NG ) was up nearly 1.2%. Yamana Gold was trading
sharply higher, up almost 3.7%. Silver mining shares were showing strong gains
for the most part. Silver Standard Resource s (NASDAQ: SSRI ) shares were
sharply higher, though the company has issued no news releases. PAAS shares were
plummeting. Coeur dAlene Mines (NYSE: CDE ) was moving higher, up more than
1.9%. Hecla Mining (NYSE: HL ) was up around 0.2%. Pan American Silver was down
around 8%. Silver Wheaton (NYSE: SLW ) was showing gains of more than 3.2%.
Silver Standard Resources was up about 4%. As of this writing, Andrew Burger did
not hold a position in any of the aforementioned securities. Adrian Ash of
BullionVault contributed to this report.
Pan American (PAAS), Minefinders (MFN) Agree to C$1.5B Deal
While merger and acquisition (M&A) activity has picked up of late in the gold
sector, this mornings multi-billion dollar deal involved two of the most
widely-held silver companies in the precious metals space. Pan American Silver
(PAAS) and Minefinders (MFL.TSX, AMEX: MFN) announced that they entered into a
definitive agreement whereby Pan American will acquire Minefinders for C$15.60
per share, or approximately for C$1.5 billion. The offer price represents a 36%
premium to last Fridays closing price for MFL.TSX of C$11.50 per share. Shares
of MFL.TSX surged as much as 27.7% to C$14.86 this morning and remained higher
by 25.5% at C$14.43 in mid-day trading.
sector, this mornings multi-billion dollar deal involved two of the most
widely-held silver companies in the precious metals space. Pan American Silver
(PAAS) and Minefinders (MFL.TSX, AMEX: MFN) announced that they entered into a
definitive agreement whereby Pan American will acquire Minefinders for C$15.60
per share, or approximately for C$1.5 billion. The offer price represents a 36%
premium to last Fridays closing price for MFL.TSX of C$11.50 per share. Shares
of MFL.TSX surged as much as 27.7% to C$14.86 this morning and remained higher
by 25.5% at C$14.43 in mid-day trading.
Gold Price Climbs as Europe Looks to Boost Firepower
GOLD PRICE NEWS – The gold price climbed $4.00 to $1,671 per ounce Monday
morning against the backdrop of a weaker U.S. dollar.
morning against the backdrop of a weaker U.S. dollar.
Top 10 U.S.-Listed Chinese Stocks with Highest Upside: NOAH, CISG, MY, QIHU, FMCN, TUDO, PWRD, SVN, CYOU, AMAP (Jan 23, 2012)
Below are the top 10 U.S.-listed Chinese stocks with highest upside potential,
based on the difference between current price and Wall Street analysts average
target price. Noah Holdings Limited (ADR) (NYSE:NOAH) has the 1st highest upside
potential in this segment of the market. Its upside is 205.4%. Its consensus
target price is $19.92 based on the average of all estimates. CNinsure Inc.
(ADR) (NASDAQ:CISG) has the 2nd highest upside potential in this segment of the
market. Its upside is 196.3%. Its consensus target price is $25.04 based on the
average of all estimates. China Ming Yang Wind Power Group Ltd (NYSE:MY) has the
3rd highest upside potential in this segment of the market. Its upside is
114.7%. Its consensus target price is $6.23 based on the average of all
estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 4th highest upside
potential in this segment of the market. Its upside is 91.8%. Its consensus
target price is $33.57 based on the average of all estimates. Focus Media
Holding Limited (ADR) (NASDAQ:FMCN) has the 5th highest upside potential in this
segment of the market. Its upside is 85.4%. Its consensus target price is $37.12
based on the average of all estimates. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) has
the 6th highest upside potential in this segment of the market. Its upside is
81.3%. Its consensus target price is $23.57 based on the average of all
estimates. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 7th highest
upside potential in this segment of the market. Its upside is 79.8%. Its
consensus target price is $19.30 based on the average of all estimates. 7 DAYS
GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) has the 8th highest upside potential in
this segment of the market. Its upside is 77.3%. Its consensus target price is
$23.15 based on the average of all estimates. Changyou.com Limited(ADR)
(NASDAQ:CYOU) has the 9th highest upside potential in this segment of the
market. Its upside is 75.7%. Its consensus target price is $41.65 based on the
average of all estimates. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) has the 10th
highest upside potential in this segment of the market. Its upside is 75.5%. Its
consensus target price is $19.46 based on the average of all estimates.
based on the difference between current price and Wall Street analysts average
target price. Noah Holdings Limited (ADR) (NYSE:NOAH) has the 1st highest upside
potential in this segment of the market. Its upside is 205.4%. Its consensus
target price is $19.92 based on the average of all estimates. CNinsure Inc.
(ADR) (NASDAQ:CISG) has the 2nd highest upside potential in this segment of the
market. Its upside is 196.3%. Its consensus target price is $25.04 based on the
average of all estimates. China Ming Yang Wind Power Group Ltd (NYSE:MY) has the
3rd highest upside potential in this segment of the market. Its upside is
114.7%. Its consensus target price is $6.23 based on the average of all
estimates. Qihoo 360 Technology Co Ltd (NYSE:QIHU) has the 4th highest upside
potential in this segment of the market. Its upside is 91.8%. Its consensus
target price is $33.57 based on the average of all estimates. Focus Media
Holding Limited (ADR) (NASDAQ:FMCN) has the 5th highest upside potential in this
segment of the market. Its upside is 85.4%. Its consensus target price is $37.12
based on the average of all estimates. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) has
the 6th highest upside potential in this segment of the market. Its upside is
81.3%. Its consensus target price is $23.57 based on the average of all
estimates. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) has the 7th highest
upside potential in this segment of the market. Its upside is 79.8%. Its
consensus target price is $19.30 based on the average of all estimates. 7 DAYS
GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) has the 8th highest upside potential in
this segment of the market. Its upside is 77.3%. Its consensus target price is
$23.15 based on the average of all estimates. Changyou.com Limited(ADR)
(NASDAQ:CYOU) has the 9th highest upside potential in this segment of the
market. Its upside is 75.7%. Its consensus target price is $41.65 based on the
average of all estimates. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) has the 10th
highest upside potential in this segment of the market. Its upside is 75.5%. Its
consensus target price is $19.46 based on the average of all estimates.
Google Inc. (NASDAQ:GOOG) Opens Hotel Search Tool
Google Inc. (NASDAQ:GOOG) has rolled out a Hotel Finder app to help travellers.
Google Inc. (NASDAQ:GOOG) Opens Hotel Search Tool Google Inc. (NASDAQ:GOOG) has
launched new software to help travellers to find hotels close to their
attractions. The new Hotel Finder tool allows travellers to search for hotels
near tourist sights and attractions. As it can filter hotels by travel time,
price, ratings and reviews, it is unique and useful. Google Inc. (NASDAQ:GOOG)
said that travellers can find hotels based on a 20-minute default distance when
searching from tourist attractions. The company said that transit time search is
available only in places where the company is partnered with local transit
agencies. Google Inc. (NASDAQ:GOOG) shares were at 585.99 at the end of the last
days trading. Theres been a -0.8% change in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.19 Zacks
Rank: 9 out of 29 in the industry
Google Inc. (NASDAQ:GOOG) Opens Hotel Search Tool Google Inc. (NASDAQ:GOOG) has
launched new software to help travellers to find hotels close to their
attractions. The new Hotel Finder tool allows travellers to search for hotels
near tourist sights and attractions. As it can filter hotels by travel time,
price, ratings and reviews, it is unique and useful. Google Inc. (NASDAQ:GOOG)
said that travellers can find hotels based on a 20-minute default distance when
searching from tourist attractions. The company said that transit time search is
available only in places where the company is partnered with local transit
agencies. Google Inc. (NASDAQ:GOOG) shares were at 585.99 at the end of the last
days trading. Theres been a -0.8% change in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.23 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.19 Zacks
Rank: 9 out of 29 in the industry
An Option Trade to Play the Yin and ‘Yang’ of Yahoo!
After a six-month hiatus, the Chicago Board Options Exchange's Volatility
Index (CBOE: VIX ) has dipped its toe back into the teens. The last time the VIX
had a reading below 20 was on July 26, 2011. Volatility expectations in general
have declined by 34% in just over a month as the S&P 500 is a full 13% higher
from the November 2011 lows. Breaking through the 1,300 level serves as a
psychological boost for the market as well. Given the most recent run-up in the
market, we would not be surprised to see a bit of a pullback and for the VIX to
gyrate around 20, which coincides with the index's historical median. What the
VIX is Telling Us Right Now Over the past week, Stutland Volatility Group has
noticed several option plays (some offensive, some defensive) that could shed
some light on the markets going forward. Last Friday, there was a very large put
butterfly purchased in the VIX. (That's when you sell two at-the-money puts,
while you also buy one in-the-money put and buy one out-of-the-money put. It's
a strategy for when you're bearish on volatility but otherwise neutral about
market direction.) The initiator purchased 40,000 June 16/20/24 put butterflies
for a $1 debit. This would appear to be an offensive options play with the
expectation that the VIX is going to continue to trade at or around the 20 level
as we move into the summer. If the VIX were to settle at 20 at June expiration,
the spread would be worth $4. Last week we saw several large buyers of VIX
options, particularly of the Feb 30 and 35 calls. On first inspection, some
might interpret this as bearish … and it very well could be. However, these
calls are significantly out-of-the-money and February is the front month;
therefore, they only have 3-1/2 weeks to payoff. We view this as more of a
"tail-risk" strategy. These trades may be initiated to cover existing or
newly implemented long exposure to the market. The initiators view could be that
these calls are relatively cheap volatility exposure, thus worth the cost of
owning them versus a long portfolio exposure to the market. Another interesting
trade initiated in the VIX this week was the purchase of March 22 Puts and April
28 Calls 67,000 times. Yes, they bought 67,000 March/April strangles for a price
of $4.85. (Buying an out-of-the-money call and put with different expiration
months sets up a wide berth of price and time where the trade can finish
profitably.) The initiator apparently is expecting a major move in the VIX or at
least a major volatility pop in the VIX options. Strategic Options Play: YHOO
Buy-Write Yoo-hoo, Yahoo! Yahoo! Inc. (NASDAQ: YHOO ) is due to report earnings
tomorrow Tuesday, Jan. 24. This stock has often been viewed as one of the crown
jewels of the Internet, yet it has languished for the better part of the last
decade while other Internet portals have seen tremendous growth in valuations.
Many feel YHOO focused too much on content, which has caused them fall behind
technologically. Internal strife has also produced a drag on the performance of
the company. There has been a great deal of tension between co-founder Jerry
Yang, the board and past CEOs. Earnings estimates have been lowered to $0.24
from $0.26 a year ago. Analysts also expect year-over-year revenue to decline to
$1.20 billion this quarter, from $1.53 billion. Yahoo! is a consensus "Hold"
by most analysts. However, last week there was a major shift in the management
structure at YHOO, as Yang resigned from all positions within the company. After
a lengthy "strategic review," the board appointed Scott Thompson as CEO.
This would indicate that Yahoo! will look to keep the company intact and move to
use its strategic position to search for new methods of monetizing the
exceptional traffic flow that it currently enjoys. Technically, the stock
appears well-positioned for further gains. The 50-day moving average (15.65) has
crossed over the 200-day moving average (15.26). This indicates an increase in
short-term momentum. Add to this a "flag" formation from the October spike
(the flag pole) and the subsequent sideways motion (flag formation). This
pattern offers very strong upside support should YHOO breakout. A breach of
$16.50 would signal further upside, possibly to the May highs of $18.50. Given
change in fundamental and the technical support, Stutland Volatility Group might
look to Buy/Write this stock. For example, you could buy 100 shares of YHOO
stock for $16.10 and sell one YHOO April 18 Call for $0.45. This trade would
lower the breakeven on the stock purchase to $15.65. Should YHOO break out to
the upside and close above $18 on April 21, 2012, expiration, the maximum profit
is $2.35, or a 14.6% realized return. Here are the trade details. STOCK/INDEX:
YHOO STOCK PRICE: $16.10 OPTION PLAY: Buy-write BUY / STOCK: 100 Shares $16.10
SELL / MONTH / STRIKE / PRICE: 1 April-2012 18 Call @ 45 cents NET ENTRY: (45
cents x 100) = $45 credit MAX GAIN: $2.35 (or 14.6% equivalent to STX) at or
above $18 on April 21, 2012 expiration BREAKEVEN $15.65
Index (CBOE: VIX ) has dipped its toe back into the teens. The last time the VIX
had a reading below 20 was on July 26, 2011. Volatility expectations in general
have declined by 34% in just over a month as the S&P 500 is a full 13% higher
from the November 2011 lows. Breaking through the 1,300 level serves as a
psychological boost for the market as well. Given the most recent run-up in the
market, we would not be surprised to see a bit of a pullback and for the VIX to
gyrate around 20, which coincides with the index's historical median. What the
VIX is Telling Us Right Now Over the past week, Stutland Volatility Group has
noticed several option plays (some offensive, some defensive) that could shed
some light on the markets going forward. Last Friday, there was a very large put
butterfly purchased in the VIX. (That's when you sell two at-the-money puts,
while you also buy one in-the-money put and buy one out-of-the-money put. It's
a strategy for when you're bearish on volatility but otherwise neutral about
market direction.) The initiator purchased 40,000 June 16/20/24 put butterflies
for a $1 debit. This would appear to be an offensive options play with the
expectation that the VIX is going to continue to trade at or around the 20 level
as we move into the summer. If the VIX were to settle at 20 at June expiration,
the spread would be worth $4. Last week we saw several large buyers of VIX
options, particularly of the Feb 30 and 35 calls. On first inspection, some
might interpret this as bearish … and it very well could be. However, these
calls are significantly out-of-the-money and February is the front month;
therefore, they only have 3-1/2 weeks to payoff. We view this as more of a
"tail-risk" strategy. These trades may be initiated to cover existing or
newly implemented long exposure to the market. The initiators view could be that
these calls are relatively cheap volatility exposure, thus worth the cost of
owning them versus a long portfolio exposure to the market. Another interesting
trade initiated in the VIX this week was the purchase of March 22 Puts and April
28 Calls 67,000 times. Yes, they bought 67,000 March/April strangles for a price
of $4.85. (Buying an out-of-the-money call and put with different expiration
months sets up a wide berth of price and time where the trade can finish
profitably.) The initiator apparently is expecting a major move in the VIX or at
least a major volatility pop in the VIX options. Strategic Options Play: YHOO
Buy-Write Yoo-hoo, Yahoo! Yahoo! Inc. (NASDAQ: YHOO ) is due to report earnings
tomorrow Tuesday, Jan. 24. This stock has often been viewed as one of the crown
jewels of the Internet, yet it has languished for the better part of the last
decade while other Internet portals have seen tremendous growth in valuations.
Many feel YHOO focused too much on content, which has caused them fall behind
technologically. Internal strife has also produced a drag on the performance of
the company. There has been a great deal of tension between co-founder Jerry
Yang, the board and past CEOs. Earnings estimates have been lowered to $0.24
from $0.26 a year ago. Analysts also expect year-over-year revenue to decline to
$1.20 billion this quarter, from $1.53 billion. Yahoo! is a consensus "Hold"
by most analysts. However, last week there was a major shift in the management
structure at YHOO, as Yang resigned from all positions within the company. After
a lengthy "strategic review," the board appointed Scott Thompson as CEO.
This would indicate that Yahoo! will look to keep the company intact and move to
use its strategic position to search for new methods of monetizing the
exceptional traffic flow that it currently enjoys. Technically, the stock
appears well-positioned for further gains. The 50-day moving average (15.65) has
crossed over the 200-day moving average (15.26). This indicates an increase in
short-term momentum. Add to this a "flag" formation from the October spike
(the flag pole) and the subsequent sideways motion (flag formation). This
pattern offers very strong upside support should YHOO breakout. A breach of
$16.50 would signal further upside, possibly to the May highs of $18.50. Given
change in fundamental and the technical support, Stutland Volatility Group might
look to Buy/Write this stock. For example, you could buy 100 shares of YHOO
stock for $16.10 and sell one YHOO April 18 Call for $0.45. This trade would
lower the breakeven on the stock purchase to $15.65. Should YHOO break out to
the upside and close above $18 on April 21, 2012, expiration, the maximum profit
is $2.35, or a 14.6% realized return. Here are the trade details. STOCK/INDEX:
YHOO STOCK PRICE: $16.10 OPTION PLAY: Buy-write BUY / STOCK: 100 Shares $16.10
SELL / MONTH / STRIKE / PRICE: 1 April-2012 18 Call @ 45 cents NET ENTRY: (45
cents x 100) = $45 credit MAX GAIN: $2.35 (or 14.6% equivalent to STX) at or
above $18 on April 21, 2012 expiration BREAKEVEN $15.65
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