Precious Metals Should Reign King After Short Correction

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InvestorPlace
A major index that is considered to be a leading indicator by both economists and technical analysts tells us that the broad market is going higher. This indicator, the Dow Jones Transportation Index, is fundamentally important because an increase in the transportation of goods by air, sea and land tells us that the economy is improving. And its accuracy as a technical indicator is enhanced when its companion, the Dow Jones Industrial Average, confirms the direction. It is important to study the transports versus other indices to detect possible divergences since a failure of one to confirm the other can lead to malaise or even collapse. Note that on April 1, it appeared that the transportation average jumped to a new closing high while the Dow industrials failed to do the same. This divergence between the two important indices was a danger signal. It wasn’t until April 21 that the industrials followed through and confirmed that the bull market was intact. This confirmation of the major uptrend means that our late December forecast of new highs this year in each of the major indices is on pace. The Dow is targeted at 12,800, the S&P 500 at 1,400, and the Nasdaq’s at 3,700. Another divergence, of sorts, has occurred between the price of gold and the price of silver. Both are in strong uptrends, but the iShares Silver Trust (NYSE: SLV ) ran to over 75% above its 200-day moving average — a huge overvaluation — before encountering profit-taking. It has already fallen 16% from its high of just four days ago. A “normal” correction could result in a decline to below its 50-day moving average now at $37.76. A 50% correction of the move from its Jan. 25 low of $26.03 to the high of $48.35 would land it at around $37.20 where it could again be accumulated. (For more on SLV, see the Trade of the Day .) Precious metals move opposite to the U.S. dollar, which had a slight rally yesterday. But the dollar’s trend is sharply lower and Michael Murphy, of New World Investor , who has been accurate in his dollar/precious metals studies, said yesterday that the dollar could rally for several days and then fall sharply to around its lows made in 2008. If this happens, he expects to see another sharp rally in precious metals. Today’s Trading Landscape To see a list of the companies reporting earnings today, click here . For a list of this week’s economic reports due out, click here . If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net . View Survey

Precious Metals Should Reign King After Short Correction

A major index that is considered to be a leading indicator by both economists
and technical analysts tells us that the broad market is going higher. This
indicator, the Dow Jones Transportation Index, is fundamentally important
because an increase in the transportation of goods by air, sea and land tells us
that the economy is improving. And its accuracy as a technical indicator is
enhanced when its companion, the Dow Jones Industrial Average, confirms the
direction. It is important to study the transports versus other indices to
detect possible divergences since a failure of one to confirm the other can lead
to malaise or even collapse. Note that on April 1, it appeared that the
transportation average jumped to a new closing high while the Dow industrials
failed to do the same. This divergence between the two important indices was a
danger signal. It wasnt until April 21 that the industrials followed through and
confirmed that the bull market was intact. This confirmation of the major
uptrend means that our late December forecast of new highs this year in each of
the major indices is on pace. The Dow is targeted at 12,800, the S&P 500 at
1,400, and the Nasdaqs at 3,700. Another divergence, of sorts, has occurred
between the price of gold and the price of silver. Both are in strong uptrends,
but the iShares Silver Trust (NYSE: SLV ) ran to over 75% above its 200-day
moving average a huge overvaluation before encountering profit-taking. It has
already fallen 16% from its high of just four days ago. A normal correction
could result in a decline to below its 50-day moving average now at $37.76. A
50% correction of the move from its Jan. 25 low of $26.03 to the high of $48.35
would land it at around $37.20 where it could again be accumulated. (For more on
SLV, see the Trade of the Day .) Precious metals move opposite to the U.S.
dollar, which had a slight rally yesterday. But the dollars trend is sharply
lower and Michael Murphy, of New World Investor , who has been accurate in his
dollar/precious metals studies, said yesterday that the dollar could rally for
several days and then fall sharply to around its lows made in 2008. If this
happens, he expects to see another sharp rally in precious metals. Todays
Trading Landscape To see a list of the companies reporting earnings today, click
here . For a list of this weeks economic reports due out, click here . If you
have questions or comments for Sam Collins, please e-mail him at samailc@cox.net
. View Survey

Top 10 Focus Stocks of The Day: PTRY, TSU, OFIX, VISN, ITIC, HOLI, FLR, KEP, MHK, GEOI (May 08, 2011)

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Epic Stock Picks
Below are today's top 10 focus stocks. These momentum stocks are attracting a lot of interest from traders. Two Chinese companies (VISN, HOLI) are on the list. The Pantry, Inc. (NASDAQ:PTRY) is today's 1st best focus stock. Its daily price change was 8.7% in the previous trading day. Its upside potential is 27% based on brokerage analysts' average target price of $21 on the stock. It is rated positively by 57% of the 7 analyst(s) covering it. Its long-term annual earnings growth is 15% based on analysts' average estimate. TIM Participacoes SA (ADR) (NYSE:TSU) is today's 2nd best focus stock. Its daily price change was 8.6% in the previous trading day. Its upside potential is -9% based on brokerage analysts' average target price of $43 on the stock. It is rated positively by 64% of the 14 analyst(s) covering it. Its long-term annual earnings growth is 30% based on analysts' average estimate. Orthofix International NV (NASDAQ:OFIX) is today's 3rd best focus stock. Its daily price change was 8.5% in the previous trading day. Its upside potential is 10% based on brokerage analysts' average target price of $40 on the stock. It is rated positively by 88% of the 8 analyst(s) covering it. Its long-term annual earnings growth is 19% based on analysts' average estimate. VisionChina Media Inc (ADR) (NASDAQ:VISN) is today's 4th best focus stock. Its daily price change was 8.4% in the previous trading day. Its upside potential is 7% based on brokerage analysts' average target price of $5 on the stock. It is rated positively by 25% of the 8 analyst(s) covering it. Its long-term annual earnings growth is 20% based on analysts' average estimate. Investors Title Company (NASDAQ:ITIC) is today's 5th best focus stock. Its daily price change was 8.2% in the previous trading day. Its upside potential is -3% based on brokerage analysts' average target price of $38 on the stock. It is rated positively by 0% of the 1 analyst(s) covering it. Its long-term annual earnings growth is 4% based on analysts' average estimate. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is today's 6th best focus stock. Its daily price change was 7.9% in the previous trading day. Its upside potential is 35% based on brokerage analysts' average target price of $15 on the stock. It is rated positively by 63% of the 8 analyst(s) covering it. Its long-term annual earnings growth is 18% based on analysts' average estimate. Fluor Corporation (NEW) (NYSE:FLR) is today's 7th best focus stock. Its daily price change was 7.9% in the previous trading day. Its upside potential is 12% based on brokerage analysts' average target price of $79 on the stock. It is rated positively by 58% of the 26 analyst(s) covering it. Its long-term annual earnings growth is 10% based on analysts' average estimate. Korea Electric Power Corporation (ADR) (NYSE:KEP) is today's 8th best focus stock. Its daily price change was 6.9% in the previous trading day. Its upside potential is 9% based on brokerage analysts' average target price of $15 on the stock. It is rated positively by 100% of the 1 analyst(s) covering it. Its long-term annual earnings growth is 100% based on analysts' average estimate. Mohawk Industries, Inc. (NYSE:MHK) is today's 9th best focus stock. Its daily price change was 6.8% in the previous trading day. Its upside potential is -3% based on brokerage analysts' average target price of $65 on the stock. It is rated positively by 33% of the 15 analyst(s) covering it. Its long-term annual earnings growth is 17% based on analysts' average estimate. GeoResources, Inc. (NASDAQ:GEOI) is today's 10th best focus stock. Its daily price change was 6.7% in the previous trading day. Its upside potential is 33% based on brokerage analysts' average target price of $34 on the stock. It is rated positively by 80% of the 10 analyst(s) covering it. Its long-term annual earnings growth is 15% based on analysts' average estimate.

Top 10 Most Profitable Advertising Stocks: CCME, CNYD, NCMI, FMCN, VCLK, CHRM, DGIT, CMM, ARB, CDM (May 08, 2011)

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Epic Stock Picks
Below are the top 10 most profitable Advertising stocks for the last 12 months, UPDATED TODAY before 4:30 AM ET. Six Chinese companies (CCME, CNYD, FMCN, CHRM, CMM, CDM) are on the list. China MediaExpress Holdings Inc (NASDAQ:CCME) is the 1st most profitable stock in this segment of the market. Its net profit margin was 49.26% for the last 12 months. Its operating profit margin was 65.94% for the same period. China Yida Holding, Co. (NASDAQ:CNYD) is the 2nd most profitable stock in this segment of the market. Its net profit margin was 48.59% for the last 12 months. Its operating profit margin was 65.00% for the same period. National CineMedia, Inc. (NASDAQ:NCMI) is the 3rd most profitable stock in this segment of the market. Its net profit margin was 24.68% for the last 12 months. Its operating profit margin was 43.32% for the same period. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 4th most profitable stock in this segment of the market. Its net profit margin was 19.97% for the last 12 months. Its operating profit margin was 23.15% for the same period. ValueClick, Inc. (NASDAQ:VCLK) is the 5th most profitable stock in this segment of the market. Its net profit margin was 19.07% for the last 12 months. Its operating profit margin was 22.15% for the same period. Charm Communications Inc (ADR) (NASDAQ:CHRM) is the 6th most profitable stock in this segment of the market. Its net profit margin was 18.73% for the last 12 months. Its operating profit margin was 19.09% for the same period. DG FastChannel Inc. (NASDAQ:DGIT) is the 7th most profitable stock in this segment of the market. Its net profit margin was 16.79% for the last 12 months. Its operating profit margin was 30.55% for the same period. China Mass Media Intl Adv Corp. (ADR) (NYSE:CMM) is the 8th most profitable stock in this segment of the market. Its net profit margin was 16.39% for the last 12 months. Its operating profit margin was 25.85% for the same period. Arbitron Inc. (NYSE:ARB) is the 9th most profitable stock in this segment of the market. Its net profit margin was 11.73% for the last 12 months. Its operating profit margin was 17.37% for the same period. China Century Dragon Media, Inc. (NYSE:CDM) is the 10th most profitable stock in this segment of the market. Its net profit margin was 10.18% for the last 12 months. Its operating profit margin was 14.18% for the same period.

Mine SLV Below 50-day Moving Average

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InvestorPlace
iShares Silver Trust (NYSE: SLV ) — This exchange-traded fund (ETF) reflects the price of silver owned by the trust, less the trust’s expenses and liabilities. It is intended to constitute a simple and cost-effective means of owning physical silver bullion. SLV ran to over 75% above its 200-day moving average — a huge overvaluation — before encountering profit-taking. It has already fallen 16% from its high of just four days ago. A “normal” correction could result in a decline to below its 50-day moving average now at $37.76. A 50% correction of the move from its Jan. 25 low of $26.03 to the high of $48.35 would land it at around $37.20 where it could again be accumulated. Buyers should enter positions in SLV below its 50-day moving average by carefully averaging into positions with partial purchases on declining prices. Stop-loss orders are suggested at 15% under the average price of purchases. Silver is projected to exceed $50 an ounce before the end of 2011. If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net . View Survey

Top 10 Most Profitable Advertising Stocks: CCME, CNYD, NCMI, FMCN, VCLK, CHRM, DGIT, CMM, ARB, CDM (May 08, 2011)

Below are the top 10 most profitable Advertising stocks for the last 12
months, UPDATED TODAY before 4:30 AM ET. Six Chinese companies (CCME, CNYD,
FMCN, CHRM, CMM, CDM) are on the list. China MediaExpress Holdings Inc
(NASDAQ:CCME) is the 1st most profitable stock in this segment of the market.
Its net profit margin was 49.26% for the last 12 months. Its operating profit
margin was 65.94% for the same period. China Yida Holding, Co. (NASDAQ:CNYD) is
the 2nd most profitable stock in this segment of the market. Its net profit
margin was 48.59% for the last 12 months. Its operating profit margin was 65.00%
for the same period. National CineMedia, Inc. (NASDAQ:NCMI) is the 3rd most
profitable stock in this segment of the market. Its net profit margin was 24.68%
for the last 12 months. Its operating profit margin was 43.32% for the same
period. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 4th most
profitable stock in this segment of the market. Its net profit margin was 19.97%
for the last 12 months. Its operating profit margin was 23.15% for the same
period. ValueClick, Inc. (NASDAQ:VCLK) is the 5th most profitable stock in this
segment of the market. Its net profit margin was 19.07% for the last 12 months.
Its operating profit margin was 22.15% for the same period. Charm Communications
Inc (ADR) (NASDAQ:CHRM) is the 6th most profitable stock in this segment of the
market. Its net profit margin was 18.73% for the last 12 months. Its operating
profit margin was 19.09% for the same period. DG FastChannel Inc. (NASDAQ:DGIT)
is the 7th most profitable stock in this segment of the market. Its net profit
margin was 16.79% for the last 12 months. Its operating profit margin was 30.55%
for the same period. China Mass Media Intl Adv Corp. (ADR) (NYSE:CMM) is the 8th
most profitable stock in this segment of the market. Its net profit margin was
16.39% for the last 12 months. Its operating profit margin was 25.85% for the
same period. Arbitron Inc. (NYSE:ARB) is the 9th most profitable stock in this
segment of the market. Its net profit margin was 11.73% for the last 12 months.
Its operating profit margin was 17.37% for the same period. China Century Dragon
Media, Inc. (NYSE:CDM) is the 10th most profitable stock in this segment of the
market. Its net profit margin was 10.18% for the last 12 months. Its operating
profit margin was 14.18% for the same period.

Top 10 Focus Stocks of The Day: PTRY, TSU, OFIX, VISN, ITIC, HOLI, FLR, KEP, MHK, GEOI (May 08, 2011)

Below are todays top 10 focus stocks. These momentum stocks are attracting a
lot of interest from traders. Two Chinese companies (VISN, HOLI) are on the
list. The Pantry, Inc. (NASDAQ:PTRY) is todays 1st best focus stock. Its daily
price change was 8.7% in the previous trading day. Its upside potential is 27%
based on brokerage analysts average target price of $21 on the stock. It is
rated positively by 57% of the 7 analyst(s) covering it. Its long-term annual
earnings growth is 15% based on analysts average estimate. TIM Participacoes SA
(ADR) (NYSE:TSU) is todays 2nd best focus stock. Its daily price change was 8.6%
in the previous trading day. Its upside potential is -9% based on brokerage
analysts average target price of $43 on the stock. It is rated positively by 64%
of the 14 analyst(s) covering it. Its long-term annual earnings growth is 30%
based on analysts average estimate. Orthofix International NV (NASDAQ:OFIX) is
todays 3rd best focus stock. Its daily price change was 8.5% in the previous
trading day. Its upside potential is 10% based on brokerage analysts average
target price of $40 on the stock. It is rated positively by 88% of the 8
analyst(s) covering it. Its long-term annual earnings growth is 19% based on
analysts average estimate. VisionChina Media Inc (ADR) (NASDAQ:VISN) is todays
4th best focus stock. Its daily price change was 8.4% in the previous trading
day. Its upside potential is 7% based on brokerage analysts average target price
of $5 on the stock. It is rated positively by 25% of the 8 analyst(s) covering
it. Its long-term annual earnings growth is 20% based on analysts average
estimate. Investors Title Company (NASDAQ:ITIC) is todays 5th best focus stock.
Its daily price change was 8.2% in the previous trading day. Its upside
potential is -3% based on brokerage analysts average target price of $38 on the
stock. It is rated positively by 0% of the 1 analyst(s) covering it. Its
long-term annual earnings growth is 4% based on analysts average estimate.
Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is todays 6th best focus
stock. Its daily price change was 7.9% in the previous trading day. Its upside
potential is 35% based on brokerage analysts average target price of $15 on the
stock. It is rated positively by 63% of the 8 analyst(s) covering it. Its
long-term annual earnings growth is 18% based on analysts average estimate.
Fluor Corporation (NEW) (NYSE:FLR) is todays 7th best focus stock. Its daily
price change was 7.9% in the previous trading day. Its upside potential is 12%
based on brokerage analysts average target price of $79 on the stock. It is
rated positively by 58% of the 26 analyst(s) covering it. Its long-term annual
earnings growth is 10% based on analysts average estimate. Korea Electric Power
Corporation (ADR) (NYSE:KEP) is todays 8th best focus stock. Its daily price
change was 6.9% in the previous trading day. Its upside potential is 9% based on
brokerage analysts average target price of $15 on the stock. It is rated
positively by 100% of the 1 analyst(s) covering it. Its long-term annual
earnings growth is 100% based on analysts average estimate. Mohawk Industries,
Inc. (NYSE:MHK) is todays 9th best focus stock. Its daily price change was 6.8%
in the previous trading day. Its upside potential is -3% based on brokerage
analysts average target price of $65 on the stock. It is rated positively by 33%
of the 15 analyst(s) covering it. Its long-term annual earnings growth is 17%
based on analysts average estimate. GeoResources, Inc. (NASDAQ:GEOI) is todays
10th best focus stock. Its daily price change was 6.7% in the previous trading
day. Its upside potential is 33% based on brokerage analysts average target
price of $34 on the stock. It is rated positively by 80% of the 10 analyst(s)
covering it. Its long-term annual earnings growth is 15% based on analysts
average estimate.