Saturday, February 4, 2012

Todays Dow Jones Industrial Average DJIA index; Nasdaq Index; S&P 500 Index; Stock Market Investing Finance News Today

Stock Market Economic News Today: The DJIA , as well as the Nasdaq and the S&P
500 , tracked positively during the opening month of 2012. Investors were hoping
to observe the positive trends for the Dow Jones and other indices continue into
February, but the first couple days of February trading culminated in mixed
outcomes. The eurozone debt crisis continued to weigh index trends down, and
home based mixed economic reports kept investors uncertain. The positive
momentum of Januarys stock trends appeared to be dissipating. But then the much
awaited jobs data posted last session and provided news that would lift indices
and investors confidence. Government data revealed that the national
unemployment rate dropped to 8.3 percent which was far better than most analysts
were anticipating. The rate drop marked one of the lowest since 2009. The news
sparked a broad based rally throughout the U.S. marketplace. The Dow Jones
Industrial Average touched its highest mark since 2008. The primary indices in
the U.S. surged into the green across the board. According the data posting via
the Labor Department, the U.S. economy added 243,000 jobs in January. This mark
was almost double what many economists were predicting and approximately 850,000
better than the previous month. In addition to this positively skewed data, the
Institute for Supply Management reported that its non-manufacturing index rose
higher to 56.8 which equaled one of its best readings on the year. Most
economists perceive any ISM index mark over 50 as a positive reading. Fridays
data was a very positive way to end a week that needed data to tip the scales.
This news definitely skewed the scale positive. Todays Dow Jones Industrial
Average, Nasdaq, S&P 500 Index Marks: When the closing bell finally rang, the
Dow was posting at a four year high and the Nasdaq finished at an eleven year
high. The Dow Jones Industrial Average closed out the day higher by 1.23 percent
at 12,862.23. The Nasdaq finished the day higher by 1.61 percent at 2,905.66.
The S&P 500 finished the day higher by 1.46 percent at 1,344.90. The much
stronger than expected jobs report helped lift indices to relative highs. Frank
Matto

Todays Gold Price Per Ounce Spot Gold Price per Gram; Spot Silver price per ounce; Price of Gold Silver Today

Gold Silver Precious Metal Market News Today: Gold Price per ounce and Silver
price per ounce trends slid lower during the final trading session of this week.
The safe haven appeal of precious metals diminished as the glare of the positive
jobs report in the U.S. diverted investors attention. Both precious metals were
tracking negatively at the halfway point in the last trading session and the
negative trends continued to the end of day close. Ultimately, gold and silver
contracts finished on the negative side of break-even for the day. Economic News
Affects Gold and Silver Price Outcomes: The Dow Jones Industrial Average, as
well as the Nasdaq and S&P 500 indices, spiked to marks not seen in years to end
the last trading session. The Labor Department reported that the U.S. economy
added 243,000 jobs in January and the national unemployment rate fell lower to
8.3 percent. The national unemployment rate fell to a mark not seen since 2009.
The dollar rose against a handful of other currencies. All of the above
pressured precious metal gold and silver positioning. Gold Price per ounce
Silver Price per ounce Close Review: Gold contract for April delivery finished
the last trading session red by 1.08 percent at 1740.30 per troy ounce. Silver
contract for March delivery finished the last trading session red by 1.25
percent at 33.75 per troy ounce. Spot gold price per gram and spot silver price
per ounce: Spot gold and spot silver price trends were tracking negatively after
last session close. Spot gold price per gram was red by 1.07 at 55.41 and spot
silver price per ounce was red by .56 at 33.62. Camillo Zucari

Top-Performing U.S.-Listed Chinese Stocks (Feb 03, 2012)

XCSFDHG46767FHJHJF

tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Tudou Hldg Ltd (ADR) (NASDAQ:TUDO) is the best-performing U.S.-listed Chinese stock on Feb. 3. It was up 16.0% on the day. TUDO's upside potential is 45.0% based on brokerage analysts' average target price of $23.57. It is trading at 58.2% of its 52-week high of $27.91, and 71.1% above its 52-week low of $9.50. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the second best-performing U.S.-listed Chinese stock on Feb. 3. It was up 9.6% on the day. SPRD's upside potential is 58.5% based on brokerage analysts' average target price of $28.88. It is trading at 60.8% of its 52-week high of $29.98, and 112.1% above its 52-week low of $8.59. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the third best-performing U.S.-listed Chinese stock on Feb. 3. It was up 9.4% on the day. SVN's upside potential is 45.8% based on brokerage analysts' average target price of $23.69. It is trading at 69.8% of its 52-week high of $23.29, and 49.4% above its 52-week low of $10.88. Shanda Games Limited(ADR) (NASDAQ:GAME) is the fourth best-performing U.S.-listed Chinese stock on Feb. 3. It was up 8.3% on the day. GAME's upside potential is 51.5% based on brokerage analysts' average target price of $5.95. It is trading at 51.0% of its 52-week high of $7.70, and 13.6% above its 52-week low of $3.46. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the fifth best-performing U.S.-listed Chinese stock on Feb. 3. It was up 6.2% on the day. WX's upside potential is 21.7% based on brokerage analysts' average target price of $18.03. It is trading at 77.5% of its 52-week high of $19.10, and 39.1% above its 52-week low of $10.65. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the sixth best-performing U.S.-listed Chinese stock on Feb. 3. It was up 6.1% on the day. PWRD's upside potential is 58.2% based on brokerage analysts' average target price of $19.30. It is trading at 41.9% of its 52-week high of $29.10, and 44.5% above its 52-week low of $8.44. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the seventh best-performing U.S.-listed Chinese stock on Feb. 3. It was up 5.3% on the day. CYOU's upside potential is 43.2% based on brokerage analysts' average target price of $41.65. It is trading at 55.9% of its 52-week high of $52.00, and 40.5% above its 52-week low of $20.71. Rda Microelectronics Inc (ADR) (NASDAQ:RDA) is the eighth best-performing U.S.-listed Chinese stock on Feb. 3. It was up 4.9% on the day. RDA's upside potential is 17.6% based on brokerage analysts' average target price of $15.67. It is trading at 86.3% of its 52-week high of $15.43, and 88.7% above its 52-week low of $7.06. 21Vianet Group Inc (NASDAQ:VNET) is the ninth best-performing U.S.-listed Chinese stock on Feb. 3. It was up 4.8% on the day. VNET's upside potential is 44.7% based on brokerage analysts' average target price of $17.52. It is trading at 54.2% of its 52-week high of $22.33, and 45.7% above its 52-week low of $8.31. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the 10th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 4.6% on the day. LDK's upside potential is -41.2% based on brokerage analysts' average target price of $3.33. It is trading at 37.8% of its 52-week high of $14.97, and 122.0% above its 52-week low of $2.55. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 11th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 4.6% on the day. FMCN's upside potential is 53.7% based on brokerage analysts' average target price of $37.12. It is trading at 64.3% of its 52-week high of $37.58, and 174.7% above its 52-week low of $8.79. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 12th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 4.5% on the day. NOAH's upside potential is 188.2% based on brokerage analysts' average target price of $19.92. It is trading at 37.5% of its 52-week high of $18.45, and 20.6% above its 52-week low of $5.73. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the 13th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 3.5% on the day. HTHT's upside potential is 34.8% based on brokerage analysts' average target price of $20.96. It is trading at 69.1% of its 52-week high of $22.50, and 29.6% above its 52-week low of $12.00. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the 14th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 3.5% on the day. ISS's upside potential is 44.5% based on brokerage analysts' average target price of $15.50. It is trading at 47.4% of its 52-week high of $22.63, and 89.6% above its 52-week low of $5.66. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 15th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 3.4% on the day. EDU's upside potential is 36.1% based on brokerage analysts' average target price of $35.19. It is trading at 74.4% of its 52-week high of $34.77, and 25.5% above its 52-week low of $20.61. ZHONGPIN INC. (NASDAQ:HOGS) is the 16th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 3.4% on the day. HOGS's upside potential is 30.1% based on brokerage analysts' average target price of $15.32. It is trading at 61.2% of its 52-week high of $19.25, and 78.5% above its 52-week low of $6.60. China Kanghui Holdings (ADR) (NYSE:KH) is the 17th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 2.9% on the day. KH's upside potential is 31.4% based on brokerage analysts' average target price of $23.65. It is trading at 67.9% of its 52-week high of $26.50, and 39.3% above its 52-week low of $12.92. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the 18th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 2.9% on the day. BIDU's upside potential is 32.6% based on brokerage analysts' average target price of $178.45. It is trading at 81.1% of its 52-week high of $165.96, and 33.3% above its 52-week low of $100.95. Trina Solar Limited (ADR) (NYSE:TSL) is the 19th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 2.8% on the day. TSL's upside potential is 33.6% based on brokerage analysts' average target price of $10.92. It is trading at 26.3% of its 52-week high of $31.08, and 54.7% above its 52-week low of $5.28. Sohu.com Inc. (NASDAQ:SOHU) is the 20th best-performing U.S.-listed Chinese stock on Feb. 3. It was up 2.7% on the day. SOHU's upside potential is 20.7% based on brokerage analysts' average target price of $76.08. It is trading at 57.6% of its 52-week high of $109.37, and 38.9% above its 52-week low of $45.40.



The Gold Price Broke Today After Rising all Week, Will it Wake Up on Monday?

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Gold Price Close Today : 1,737.90 Gold Price Close 27-Jan : 1,732.20 Change : 5.70 or 0.3% Silver Price Close Today : 3372.50 Silver Price Close 27-Jan : 3374.70 Change : -2.20 cents or -0.1% Gold Silver Ratio Today : 51.532 Gold Silver Ratio 27-Jan : 51.329 Change : 0.20 or 0.4% Silver Gold Ratio : 0.01941 Silver Gold Ratio 27-Jan : 0.01948 Change : -0.00008 or -0.4% Dow in Gold Dollars : $ 152.99 Dow in Gold Dollars 27-Jan : $ 151.32 Change : $ 1.67 or 1.1% Dow in Gold Ounces : 7.401 Dow in Gold Ounces 27-Jan : 7.320 Change : 0.08 or 1.1% Dow in Silver Ounces : 381.39 Dow in Silver Ounces 27-Jan : 375.74 Change : 5.64 or 1.5% Dow Industrial : 12,862.23 Dow Industrial 27-Jan : 12,680.14 Change : 182.09 or 1.4% S&P 500 : 1,344.90 S&P 500 27-Jan : 1,318.01 Change : 26.89 or 2.0% US Dollar Index : 78.959 US Dollar Index 27-Jan : 78.883 Change : 0.076 or 0.1% Platinum Price Close Today : 1,621.50 Platinum Price Close 27-Jan : 1,621.80 Change : -0.30 or 0.0% Palladium Price Close Today : 705.90 Palladium Price Close 27-Jan : 688.50 Change : 17.40 or 2.5% Appears that the SILVER and GOLD PRICE broke today, or at the very least, must back off for a running start at $1,750 and 3400c. The GOLD PRICE lost $18.90 to close Comex at $1,737.90, and in the aftermarket lost another $10 to $1,726.10. Silver lost 42.6c, closing at 3372.5c, but dropped nearly another 25c in the aftermarket, falling to 3349c. “Twas a big tumble for both. Let’s look closer. GOLD PRICE wiped out all its gains since Monday down at $1,725 support/resistance. After rising all week, that’s not terribly surprising, but come Monday gold had better wake up and dig its claws into the bark, or it might fall out of the tree. Support stretches out its limbs at $1,725 and $1,705. Breaking those takes gold down to $1,680. Up above, the GOLD PRICE high close has been $1,756.80 (yesterday), but it hasn’t been able to breach $1,760. Therefore, watch that level on the upside. Today’s break probably wasn’t enough to correct the move up from $1,523.90, but a drop to $1705 might be. More likely target is $1,675. That would also mark a kiss-back to the downtrend line. SILVER PRICE looks like gold, but the range is 3440c and 3290c. Always bear in mind that silver is much more volatile than gold, both upside and downside. First, if silver’s rally has not been stymied at the 300 day moving average (3448c) for a goodly correction, then it can’t fall below 3300c. Next, a routine and shallow correction would sweep silver to 3250c – 3200c. If things get pricklier, then 3100c. Lowest target expected would be 2950c. Of course, we have to patiently wait to see how the correction unfolds. Meanwhile, another buying opportunity is coming y’all’s way. Stop your ears now against all the Wall Street Sirens who will be shrieking the silver and gold bull market has died. By now you understand that those folks don’t know no more than somebody who works as a spokesman for a government numbers office. One glance at the chart tells you that silver and gold and platinum and palladium all trod water this week. On the other hand, stocks rose this week, mostly today. US dollar index flatlined, and today silver and gold broke. Lo and Behold! The Dow exceeded 12,850 today, and fact of the business is, nearly reached the May intraday high (12,876). Dow today gained a respectable 156.82 points (1.23%) to close at 12,862.23, nearly on the 12,869.95 high. S&P500 was even happier, rising 19.36 points (1.46%) to 1,344.90. What has everybody clambering all over each other to buy stocks? Well, if you can believe it, government numbers. Personally, I don’t put nearly as much stock in government numbers as I do in astrology, and I couldn’t even tell you what my birth sign is — the Possum, or the Turkey Buzzard, maybe. Yet in this age of Reason, High Technology, and Right Big Government Lies, people still suck up those government numbers like they were single malt scotch at a free bar. All this big news was that the government’s unemployment rate dropped to 8.3%, nearly the low for the last three years. (On another note, if you believe unemployment is 8.3%, call me about some wooden Krugerrands I can sell you really cheap.) Truth is, market was looking for some excuse to rise, that was the news today, so it took the bait. Oh, and by the way, did I tell y’all that a Greek Debt Deal Is Near? Y’all might wonder why I am so negative on stocks. Because they are in a primary down trend (bear market), and if I don’t do much more than keep you out of stocks, five years from now you’ll still think I was the brightest bulb in the box. Hide and watch., That US Dollar Index this week played Bait and Switch. Looked like it would break through 79.50 and fall off the face of the earth, but it stopped and rallied and even ended the week 7.6 basis points higher than last Friday. Today the dollar index lost a tee-tiny 3.2 basis points (0.04%), leaving me wondering why the currency market has gone so quiet all of a sudden. It ended at 78.959, but climbed as high as 79.357. This currency thing isn’t clear. Dollar may rally still and euro may sink to its intrinsic value — zero — before the dollar does. The 1.3200 level seems to have blocked the euro this week. Closed 1.3155 today, up 0.06%. Also bumping up against its critical 62 day moving average, and can’t punch through. Brace yourself for another stumble for the euro., Reason hath fled the yen market. Closed today down 0.50% at 130.56c/Y100 (76.59/US$1), giving back a third of its spectacular gains since 24 January. It gaps down, then bounces right back, gaps up, then waterfalls down. Why does that picture make me thing of Nice Government Men in their cubicles phoning their partners in manipulation on the market floor? Well, I know election year has come because so many pious confessions are spontaneously erupting from politicians’ lips. Yesterday it was Bernard O’Bama shaking out his Christianity before the National Prayer Breakfast, and even Newt Gingrich is claiming to have got religion. You may think I am harsh to say these things, but I say it’s as sorry as gully dirt for politicians to trade on their faith. I never have thought much of them “talkin’” Christians, only the “walkin’” ones. They never need to tell you what they believe, because you already know from watching ‘em. All the This Day In History websites say that the 16th (income tax) amendment was ratified 3 February 1913, but that’s a lie. Secretary of State Philander Knox fraudulently and knowingly certified it when it had never passed. The irregularities in the supposed state ratifications are too numerous to list, but you can read all about it in “The Law That Never Was” by Bill Benson and Red Beckman. Of course, if you don’t pay the income tax, the government will try to jail or kill you. Speaking of the IRS, tax time is fast approaching. My friend, Dan Pilla, Jr., at www.taxhelponline.com has over 25 years experience fighting with the IRS for taxpayers’ rights. If you have bad tax problems, Dan’s the man to call. One of the 11 books he has written is “How to Get Tax Amnesty.” Check him out. I receive no remuneration whatever for recommending Dan. Y’all enjoy your weekend! Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.



Gold & Silver Prices | Weekly Recap 30 January – 3 February

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Gold and silver prices didn’t do much during last week as they have started off with slight gains that were lost by the end of it. I suspect the recent non-farm payroll report, which showed a rise of 243,000 in employment, may have been among the factors to pull down precious metals prices on Friday. This report may have cooled down the speculative mode the metals market has been during January especially following the recent FOMC decision to keep rates low until 2014.



Gold & Silver Prices | Weekly Recap 30 January – 3 February

Gold and silver prices didnt do much during last week as they have started off
with slight gains that were lost by the end of it. I suspect the recent non-farm
payroll report, which showed a rise of 243,000 in employment, may have been
among the factors to pull down precious metals prices on Friday. This report may
have cooled down the speculative mode the metals market has been during January
especially following the recent FOMC decision to keep rates low until 2014.

LinkWithin

Related Posts Plugin for WordPress, Blogger...