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Tuesday, February 14, 2012
Gold Price Rebounds, U.S. Retail Sales Disappoint
morning trading on Tuesday, rising $3.61 to $1,727.51 per ounce.
Todays gold price per ounce spot gold price per gram; spot silver price per ounce trends; gold rate silver rates Today
during the opening trading session of the week. Positive momentum built as a
result of the Greek Parliament approval of much needed austerity measures for
Greece. The debt due date in March is approaching and austerity approval is a
key step in securing the bailout funds needed. Stock indicators rose higher on
the news as did precious metal gold and silver prices. The dollar lost ground to
the euro and British pound last session and this action helped support gold and
silver price trends. The positive trending did not hold throughout the session
for both metals however as gold and silver rates closed out on opposite sides of
break-even. Contract gold price and contract silver price close review today:
After closing in negative territory on the last session of the previous week,
gold and silver finished the opening trading session of this week mixed. Gold
contract for April delivery finished the last session just red by .02 percent at
1724.90 per troy ounce. Silver contract finished the last session higher overall
by .35 percent at 33.72 per troy ounce. Spot gold price per gram and spot silver
price per ounce trending news: Spot gold and spot silver price trends were
moving in divergent directions just after last session close and prior to todays
opening bell, price trend-lines were both moving negatively. Spot gold was red
at 55.23 per gram and spot silver was red at 33.53 per ounce. Camillo Zucari
Todays DJIA Dow Jones Industrial Average DJI Index, S&P 500 Index, Nasdaq Index; Stock Market Investing News Today
composites in the U.S. opened the week green as news spread of the austerity
measure approval in Greece. The Greek Parliament agreed to terms on austerity
measures over the weekend. This action was a key step in securing the bailout
funding Greece needs to avoid default on its debt. The deadline looms in March
and the Parliaments approval puts the Greek government one step closer to
financial stabilization. The news was a confidence booster for global investors
and stock indices shot higher as a result. The DJIA, as well as the Nasdaq and
the S&P 500, maintained positive trending during the opening session this week
and finished in the green. Dow Jones Industrial Average, Nasdaq, S&P 500 Index
Close Review Today: All three primary U.S. stock index composites finished the
opening session of the week positively. The Dow Jones Industrial Average closed
the day higher by .57 percent, positive 72.8, at 12,874.04. The Nasdaq finished
the last session higher by .95 percent, positive 27.51, at 2,931.39. The S&P 500
finished the last trading session higher by .68 percent, positive by 9.13, at
1,351.77. Early on Valentines day morning in the U.S., futures for the primary
index composites were posting green. The DJIA was green by .15 percent. The
Nasdaq futures were posting higher by .28 percent and the S7P 500 futures were
positive by .12 percent. Stocks were set to open the day in stronger position.
Frank Matto
Crude Oil Prices Started the Week Rising–Recap February 13
oil prices rose. Gold and silver prices didnt move much yesterday; natural gas
prices sharply decreased. The Euro slightly depreciated against the USD; other
major currencies (AUD and CAD) moderately appreciated against the U.S dollar.
Here is a summary of the developments of precious metals and energy commodities
for February 13th, 2012: Precious Metals: Gold price very moderately declined on
Monday by 0.02% to $1,724.9; Silver price increased by 0.35% and reached $33.72.
During February, gold declined by 0.9% while silver rose by 1.38%.
Monday, February 13, 2012
Top Oversold U.S.-Listed Chinese Stocks (Feb 13, 2012)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest oversold U.S.-listed Chinese stocks. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the most oversold U.S.-listed Chinese stock on Feb. 13. It was down 7.0% on the day. STP's upside potential is -10.6% based on brokerage analysts' average target price of $3.35. It is trading at 34.6% of its 52-week high of $10.83, and 120.6% above its 52-week low of $1.70. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the second most oversold U.S.-listed Chinese stock on Feb. 13. It was down 3.3% on the day. QIHU's upside potential is 102.9% based on brokerage analysts' average target price of $32.88. It is trading at 44.7% of its 52-week high of $36.21, and 18.2% above its 52-week low of $13.71. Rda Microelectronics Inc (ADR) (NASDAQ:RDA) is the third most oversold U.S.-listed Chinese stock on Feb. 13. It was down 2.9% on the day. RDA's upside potential is 17.7% based on brokerage analysts' average target price of $15.83. It is trading at 87.2% of its 52-week high of $15.43, and 90.5% above its 52-week low of $7.06. 21Vianet Group Inc (NASDAQ:VNET) is the fourth most oversold U.S.-listed Chinese stock on Feb. 13. It was down 1.1% on the day. VNET's upside potential is 48.3% based on brokerage analysts' average target price of $17.57. It is trading at 53.1% of its 52-week high of $22.33, and 42.6% above its 52-week low of $8.31. China Lodging Group, Ltd (ADR) (NASDAQ:HTHT) is the fifth most oversold U.S.-listed Chinese stock on Feb. 13. It was down 1.0% on the day. HTHT's upside potential is 48.5% based on brokerage analysts' average target price of $20.69. It is trading at 61.9% of its 52-week high of $22.50, and 16.1% above its 52-week low of $12.00. Home Inns & Hotels Management Inc. (ADR) (NASDAQ:HMIN) is the sixth most oversold U.S.-listed Chinese stock on Feb. 13. It was down 1.0% on the day. HMIN's upside potential is 47.8% based on brokerage analysts' average target price of $45.48. It is trading at 68.6% of its 52-week high of $44.86, and 39.2% above its 52-week low of $22.09. Fushi Copperweld, Inc. (NASDAQ:FSIN) is the seventh most oversold U.S.-listed Chinese stock on Feb. 13. It was down 0.9% on the day. FSIN's upside potential is 20.7% based on brokerage analysts' average target price of $9.67. It is trading at 78.7% of its 52-week high of $10.18, and 97.3% above its 52-week low of $4.06. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the eighth most oversold U.S.-listed Chinese stock on Feb. 13. It was down 0.8% on the day. CTRP's upside potential is 50.7% based on brokerage analysts' average target price of $37.25. It is trading at 48.9% of its 52-week high of $50.57, and 12.3% above its 52-week low of $22.02. Simcere Pharmaceutical Group (ADR) (NYSE:SCR) is the ninth most oversold U.S.-listed Chinese stock on Feb. 13. It was down 0.8% on the day. SCR's upside potential is -2.2% based on brokerage analysts' average target price of $9.06. It is trading at 67.5% of its 52-week high of $13.72, and 30.1% above its 52-week low of $7.12. NetEase.com Inc (ADR) (NASDAQ:NTES) is the 10th most oversold U.S.-listed Chinese stock on Feb. 13. It was down 0.6% on the day. NTES's upside potential is 20.6% based on brokerage analysts' average target price of $58.05. It is trading at 87.5% of its 52-week high of $55.00, and 34.7% above its 52-week low of $35.74.
Top-Performing U.S.-Listed Chinese Stocks (Feb 13, 2012)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. SINA Corporation (USA) (NASDAQ:SINA) is the best-performing U.S.-listed Chinese stock on Feb. 13. It was up 7.8% on the day. SINA's upside potential is 39.7% based on brokerage analysts' average target price of $98.09. It is trading at 47.7% of its 52-week high of $147.12, and 49.8% above its 52-week low of $46.86. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the second best-performing U.S.-listed Chinese stock on Feb. 13. It was up 7.7% on the day. DANG's upside potential is 8.1% based on brokerage analysts' average target price of $8.01. It is trading at 26.2% of its 52-week high of $28.29, and 80.3% above its 52-week low of $4.11. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the third best-performing U.S.-listed Chinese stock on Feb. 13. It was up 6.2% on the day. ISS's upside potential is 47.5% based on brokerage analysts' average target price of $15.36. It is trading at 46.0% of its 52-week high of $22.63, and 83.9% above its 52-week low of $5.66. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the fourth best-performing U.S.-listed Chinese stock on Feb. 13. It was up 4.3% on the day. MPEL's upside potential is 24.9% based on brokerage analysts' average target price of $15.03. It is trading at 74.5% of its 52-week high of $16.15, and 86.2% above its 52-week low of $6.46. Renren Inc (NYSE:RENN) is the fifth best-performing U.S.-listed Chinese stock on Feb. 13. It was up 3.5% on the day. RENN's upside potential is 21.3% based on brokerage analysts' average target price of $6.53. It is trading at 22.4% of its 52-week high of $24.00, and 67.6% above its 52-week low of $3.21. Shanda Games Limited(ADR) (NASDAQ:GAME) is the sixth best-performing U.S.-listed Chinese stock on Feb. 13. It was up 3.2% on the day. GAME's upside potential is 44.3% based on brokerage analysts' average target price of $5.67. 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. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the seventh best-performing U.S.-listed Chinese stock on Feb. 13. It was up 2.6% on the day. PWRD's upside potential is 55.9% based on brokerage analysts' average target price of $18.76. It is trading at 41.3% of its 52-week high of $29.10, and 42.5% above its 52-week low of $8.44. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the eighth best-performing U.S.-listed Chinese stock on Feb. 13. It was up 2.6% on the day. SPRD's upside potential is 65.5% based on brokerage analysts' average target price of $27.88. It is trading at 56.2% of its 52-week high of $29.98, and 96.2% above its 52-week low of $8.59. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the ninth best-performing U.S.-listed Chinese stock on Feb. 13. It was up 2.5% on the day. BIDU's upside potential is 26.8% based on brokerage analysts' average target price of $177.54. It is trading at 84.4% of its 52-week high of $165.96, and 38.7% above its 52-week low of $100.95. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 10th best-performing U.S.-listed Chinese stock on Feb. 13. It was up 2.4% on the day. NOAH's upside potential is 197.2% based on brokerage analysts' average target price of $19.92. It is trading at 36.3% of its 52-week high of $18.45, and 16.9% above its 52-week low of $5.73.