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Wednesday, November 30, 2011
Australia’s Credit Beats Out U.S., Europe
their debts and still are reeling from the misbehavior of crooks in high
finance, and meanwhile the former penal colony of Australia is now seen as one
of the most trustworthy places to invest in the world. Australia was upgraded by
Fitch Ratings to the highest possible level AAA a few days ago and now owns
top marks from all three rating firms on top of its existing elite status with
Standard & Poor's and Moody's. Meanwhile, there are rumblings that Fitch
might go the other way on America and downgrade its sovereign debt to AA+ like
S&P did back in August. No knock is looming for U.S. credit, however, since
Fitch has said a downgrade likely wouldnt come until 2013 even if the status quo
continues. What's more, it's not just the European also-rans like Italy and
Greece that are embroiled in debt woes. France also is at risk of losing its
top-tier AAA rating with S&P soon. There was a false alarm in early November
where the ratings agency "mistakenly" downgraded France, but rumors are that
one of the three firms will make that move eventually (and correctly) in the
next few days. What gives? Why is Australia such a safe borrower as more
developed nations continue to feel the burn? The most obvious reason is that
Australia spends much more responsibly than the U.S. and Europe. The country's
net external debt was 53% of GDP in 2010 while Italy currently is struggling
under 120% debt-to-GDP, the U.K. is approaching 80% debt-to-GDP and and many
estimate the U.S. is nearing a 100% ratio. It also helps that the nation has a
vibrant economy thanks to its close proximity to emerging markets in Asia, and
strategic partnerships with China helps a great deal. Australia has been able to
tap into the economic might of Asia and is one of the few major economies that
avoided the technical definition of a recession amid the financial crisis. Just
barely, of course, since its economy grew a mere 0.4% in the first three months
of 2009 but the textbook guidelines for a recession are two consecutive
quarters of GDP contraction, and the tiny gain was enough to avoid the dreaded R
word. The nation also is very rich in natural resources. Australia is a major
exporter of agricultural products like wheat, minerals like gold and energy
commodities such as coal. Mining and agriculture make up more than half of
Australia's exports. While other countries have waxed and waned based on
specific industries housing, technology and the like Australia has benefited
from baseline demand in food and energy that never evaporates, even during a
downturn. How to Invest in Australia There are two Australian ETFs to play the
region. The first is the liquid iShares MSCI Australia Index Fund (NYSE: EWA ),
with more than $2 billion under management. The next is the tiny, volatile Index
IQ Australia Small Cap ETF
GOLD Should Forge Ahead in Next 3 Months
Randgold Resources (NASDAQ:GOLD) — For months, gold bullion has been running
ahead of the mining stocks. But miners forged ahead in Q3 as higher earnings
from increasingly better bullion prices ...
Todays Dow Jones Industrial Average Index DJX DJI, Nasdaq, S&P 500 Stock Market Investing News Today
the stage for the lower open for U.S. stocks, a huge rally during the trading
session pushed the primary indices far into the green during the session. All
three primary indices in the U.S. finished on positive ground. The Dow Jones
Industrial Average closed higher by 4.24 percent at 12,045.68. The Nasdaq
finished higher by 4.17 percent at 2,620.34 and the S&P 500 finished the day
green by 4.33 percent at 1,246.96. It was the largest gain for the Dow since
2009. The significant rally stemmed, in part, from the central banks coming
together to ease global market strains in hopes of boosting the global economy.
A handful of central banks announced last session that they would take steps to
improve economic activity by making it cheaper to borrow U.S. dollars. The
Federal Reserve, as well as central banks of Canada, England, Switzerland, Japan
and the eurozone have announced that they will work in unison to lower prices on
dollar liquidity swaps beginning on December 5th. The swap arrangements, will
continue up to February 1st of 2013. Stocks in Europe and the U.S.A. surged
today on the news. In addition to this positively skewed report, economic news
in the U.S. was better than expected. The ADP report showed that private sector
employment grew by about 206,000 in November. This was well above the expected
125,000 number that most economists were anticipating. The Midwest manufacturing
report, the Chicago Purchasing Managers Index, posted data that expressed
positive expansion. Finally, the Feds Beige Book posted today and portrayed slow
to moderate economic growth for the U.S. based on outlooks from primary banks
across the country. The dollar gained on the euro last session and oil price per
barrel moved up to 100.44 per barrel. Frank Matto
Todays gold price per ounce spot gold price per gram; spot gold price per ounce; Gold Silver Rate News
stock indicators higher last session. The Feds, along with a handful of other
central banks around the globe, announced measures to support the global
economy. Stock indices in the eurozone and the U.S. shot higher after the news
spread. Gold and silver price rates moved higher as well. Both gold and silver
contracts were green at the mid-day mark last session and finished the day
stronger. The dollar gained versus the euro, British pound and Japanese yen. As
of end of day close, both contract gold and contract silver finished on the
positive side of break-even. Gold contract for December delivery was higher by
1.87 percent at 1745.50 per troy ounce. Silver contract for December delivery
was higher by 2.76 percent at 32.73 per troy ounce. After last session close and
prior to todays opening bell, spot gold per gram and spot silver per ounce
trend-line movement continued to push through positive territory. Spot gold
price per gram was higher by 1.10 at 56.19 and spot silver price per ounce was
higher by .81 at 32.66. Camillo Zucari
Harmonica at Carnegie Hall
XCSFDHG46767FHJHJF
dow2664 This video has nothing to do with stocks, bonds or investments, but I thought you would find it of interest, if you have any interest in music at all. See why there is a standing ovation at the end.
Top-Performing U.S.-Listed Chinese Stocks (Nov 30, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the best-performing U.S.-listed Chinese stock on Nov. 30. It was up 18.8% on the day. JASO's upside potential is 71.8% based on brokerage analysts' average target price of $3.14. It is trading at 21.4% of its 52-week high of $8.57, and 30.7% above its 52-week low of $1.40. Phoenix New Media Ltd ADR (NYSE:FENG) is the second best-performing U.S.-listed Chinese stock on Nov. 30. It was up 18.2% on the day. FENG's upside potential is 73.2% based on brokerage analysts' average target price of $10.67. It is trading at 40.8% of its 52-week high of $15.09, and 46.7% above its 52-week low of $4.20. Trina Solar Limited (ADR) (NYSE:TSL) is the third best-performing U.S.-listed Chinese stock on Nov. 30. It was up 15.8% on the day. TSL's upside potential is 63.3% based on brokerage analysts' average target price of $13.07. It is trading at 25.7% of its 52-week high of $31.08, and 51.5% above its 52-week low of $5.28. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the fourth best-performing U.S.-listed Chinese stock on Nov. 30. It was up 15.4% on the day. CYOU's upside potential is 71.7% based on brokerage analysts' average target price of $42.88. It is trading at 48.0% of its 52-week high of $52.00, and 20.6% above its 52-week low of $20.71. TAL Education Group (ADR) (NYSE:XRS) is the fifth best-performing U.S.-listed Chinese stock on Nov. 30. It was up 13.7% on the day. XRS's upside potential is 50.9% based on brokerage analysts' average target price of $15.43. It is trading at 60.3% of its 52-week high of $16.97, and 21.6% above its 52-week low of $8.41. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the sixth best-performing U.S.-listed Chinese stock on Nov. 30. It was up 13.4% on the day. MPEL's upside potential is 55.0% based on brokerage analysts' average target price of $15.37. It is trading at 61.4% of its 52-week high of $16.15, and 78.7% above its 52-week low of $5.55. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-performing U.S.-listed Chinese stock on Nov. 30. It was up 12.2% on the day. YGE's upside potential is 22.4% based on brokerage analysts' average target price of $5.29. It is trading at 31.8% of its 52-week high of $13.59, and 57.1% above its 52-week low of $2.75. Youku.com Inc (ADR) (NYSE:YOKU) is the eighth best-performing U.S.-listed Chinese stock on Nov. 30. It was up 11.2% on the day. YOKU's upside potential is 49.2% based on brokerage analysts' average target price of $29.14. It is trading at 27.9% of its 52-week high of $69.95, and 41.9% above its 52-week low of $13.76. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the ninth best-performing U.S.-listed Chinese stock on Nov. 30. It was up 10.9% on the day. VIT's upside potential is 64.8% based on brokerage analysts' average target price of $18.24. It is trading at 27.0% of its 52-week high of $41.06, and 78.8% above its 52-week low of $6.19. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the 10th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 10.2% on the day. STP's upside potential is 78.7% based on brokerage analysts' average target price of $4.43. It is trading at 22.9% of its 52-week high of $10.83, and 45.9% above its 52-week low of $1.70. 7 DAYS GROUP HOLDINGS LIMITED(ADR) (NYSE:SVN) is the 11th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 8.8% on the day. SVN's upside potential is 73.1% based on brokerage analysts' average target price of $24.03. It is trading at 54.6% of its 52-week high of $25.44, and 15.5% above its 52-week low of $12.02. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the 12th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 8.4% on the day. FMCN's upside potential is 117.2% based on brokerage analysts' average target price of $40.23. It is trading at 49.3% of its 52-week high of $37.58, and 110.7% above its 52-week low of $8.79. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 13th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 8.2% on the day. AMAP's upside potential is 110.4% based on brokerage analysts' average target price of $22.83. It is trading at 53.7% of its 52-week high of $20.20, and 16.4% above its 52-week low of $9.32. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the 14th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 7.6% on the day. EJ's upside potential is 81.1% based on brokerage analysts' average target price of $10.97. It is trading at 37.3% of its 52-week high of $16.25, and 21.2% above its 52-week low of $5.00. CNOOC Limited (ADR) (NYSE:CEO) is the 15th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.6% on the day. CEO's upside potential is 14.8% based on brokerage analysts' average target price of $221.93. It is trading at 71.1% of its 52-week high of $271.94, and 36.8% above its 52-week low of $141.27. ReneSola Ltd. (ADR) (NYSE:SOL) is the 16th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.4% on the day. SOL's upside potential is 43.1% based on brokerage analysts' average target price of $2.86. It is trading at 15.1% of its 52-week high of $13.25, and 37.0% above its 52-week low of $1.46. 21Vianet Group Inc (NASDAQ:VNET) is the 17th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.2% on the day. VNET's upside potential is 81.4% based on brokerage analysts' average target price of $17.89. It is trading at 44.2% of its 52-week high of $22.33, and 18.7% above its 52-week low of $8.31. Mindray Medical International Ltd (ADR) (NYSE:MR) is the 18th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.1% on the day. MR's upside potential is 15.4% based on brokerage analysts' average target price of $31.13. It is trading at 86.4% of its 52-week high of $31.21, and 27.0% above its 52-week low of $21.25. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the 19th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.1% on the day. DANG's upside potential is 108.3% based on brokerage analysts' average target price of $9.83. It is trading at 13.0% of its 52-week high of $36.40, and 8.3% above its 52-week low of $4.36. Spreadtrum Communications, Inc (ADR) (NASDAQ:SPRD) is the 20th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.0% on the day. SPRD's upside potential is 23.6% based on brokerage analysts' average target price of $30.58. It is trading at 82.6% of its 52-week high of $29.98, and 188.1% above its 52-week low of $8.59.
Top-Performing U.S.-Listed Chinese Stocks (Nov 30, 2011)
Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the best-performing U.S.-listed
Chinese stock on Nov. 30. It was up 18.8% on the day. JASOs upside potential is
71.8% based on brokerage analysts average target price of $3.14. It is trading
at 21.4% of its 52-week high of $8.57, and 30.7% above its 52-week low of $1.40.
Phoenix New Media Ltd ADR (NYSE:FENG) is the second best-performing U.S.-listed
Chinese stock on Nov. 30. It was up 18.2% on the day. FENGs upside potential is
73.2% based on brokerage analysts average target price of $10.67. It is trading
at 40.8% of its 52-week high of $15.09, and 46.7% above its 52-week low of
$4.20. Trina Solar Limited (ADR) (NYSE:TSL) is the third best-performing
U.S.-listed Chinese stock on Nov. 30. It was up 15.8% on the day. TSLs upside
potential is 63.3% based on brokerage analysts average target price of $13.07.
It is trading at 25.7% of its 52-week high of $31.08, and 51.5% above its
52-week low of $5.28. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the fourth
best-performing U.S.-listed Chinese stock on Nov. 30. It was up 15.4% on the
day. CYOUs upside potential is 71.7% based on brokerage analysts average target
price of $42.88. It is trading at 48.0% of its 52-week high of $52.00, and 20.6%
above its 52-week low of $20.71. TAL Education Group (ADR) (NYSE:XRS) is the
fifth best-performing U.S.-listed Chinese stock on Nov. 30. It was up 13.7% on
the day. XRSs upside potential is 50.9% based on brokerage analysts average
target price of $15.43. It is trading at 60.3% of its 52-week high of $16.97,
and 21.6% above its 52-week low of $8.41. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) is the sixth best-performing U.S.-listed Chinese stock on Nov. 30.
It was up 13.4% on the day. MPELs upside potential is 55.0% based on brokerage
analysts average target price of $15.37. It is trading at 61.4% of its 52-week
high of $16.15, and 78.7% above its 52-week low of $5.55. Yingli Green Energy
Hold. Co. Ltd. (ADR) (NYSE:YGE) is the seventh best-performing U.S.-listed
Chinese stock on Nov. 30. It was up 12.2% on the day. YGEs upside potential is
22.4% based on brokerage analysts average target price of $5.29. It is trading
at 31.8% of its 52-week high of $13.59, and 57.1% above its 52-week low of
$2.75. Youku.com Inc (ADR) (NYSE:YOKU) is the eighth best-performing U.S.-listed
Chinese stock on Nov. 30. It was up 11.2% on the day. YOKUs upside potential is
49.2% based on brokerage analysts average target price of $29.14. It is trading
at 27.9% of its 52-week high of $69.95, and 41.9% above its 52-week low of
$13.76. VanceInfo Technologies Inc.(ADR) (NYSE:VIT) is the ninth best-performing
U.S.-listed Chinese stock on Nov. 30. It was up 10.9% on the day. VITs upside
potential is 64.8% based on brokerage analysts average target price of $18.24.
It is trading at 27.0% of its 52-week high of $41.06, and 78.8% above its
52-week low of $6.19. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the
10th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 10.2% on
the day. STPs upside potential is 78.7% based on brokerage analysts average
target price of $4.43. It is trading at 22.9% of its 52-week high of $10.83, and
45.9% above its 52-week low of $1.70. 7 DAYS GROUP HOLDINGS LIMITED(ADR)
(NYSE:SVN) is the 11th best-performing U.S.-listed Chinese stock on Nov. 30. It
was up 8.8% on the day. SVNs upside potential is 73.1% based on brokerage
analysts average target price of $24.03. It is trading at 54.6% of its 52-week
high of $25.44, and 15.5% above its 52-week low of $12.02. Focus Media Holding
Limited (ADR) (NASDAQ:FMCN) is the 12th best-performing U.S.-listed Chinese
stock on Nov. 30. It was up 8.4% on the day. FMCNs upside potential is 117.2%
based on brokerage analysts average target price of $40.23. It is trading at
49.3% of its 52-week high of $37.58, and 110.7% above its 52-week low of $8.79.
AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 13th best-performing
U.S.-listed Chinese stock on Nov. 30. It was up 8.2% on the day. AMAPs upside
potential is 110.4% based on brokerage analysts average target price of $22.83.
It is trading at 53.7% of its 52-week high of $20.20, and 16.4% above its
52-week low of $9.32. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is the
14th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 7.6% on the
day. EJs upside potential is 81.1% based on brokerage analysts average target
price of $10.97. It is trading at 37.3% of its 52-week high of $16.25, and 21.2%
above its 52-week low of $5.00. CNOOC Limited (ADR) (NYSE:CEO) is the 15th
best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.6% on the day.
CEOs upside potential is 14.8% based on brokerage analysts average target price
of $221.93. It is trading at 71.1% of its 52-week high of $271.94, and 36.8%
above its 52-week low of $141.27. ReneSola Ltd. (ADR) (NYSE:SOL) is the 16th
best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.4% on the day.
SOLs upside potential is 43.1% based on brokerage analysts average target price
of $2.86. It is trading at 15.1% of its 52-week high of $13.25, and 37.0% above
its 52-week low of $1.46. 21Vianet Group Inc (NASDAQ:VNET) is the 17th
best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.2% on the day.
VNETs upside potential is 81.4% based on brokerage analysts average target price
of $17.89. It is trading at 44.2% of its 52-week high of $22.33, and 18.7% above
its 52-week low of $8.31. Mindray Medical International Ltd (ADR) (NYSE:MR) is
the 18th best-performing U.S.-listed Chinese stock on Nov. 30. It was up 6.1% on
the day. MRs upside potential is 15.4% based on brokerage analysts average
target price of $31.13. It is trading at 86.4% of its 52-week high of $31.21,
and 27.0% above its 52-week low of $21.25. E Commerce China Dangdang Inc (ADR)
(NYSE:DANG) is the 19th best-performing U.S.-listed Chinese stock on Nov. 30. It
was up 6.1% on the day. DANGs upside potential is 108.3% based on brokerage
analysts average target price of $9.83. It is trading at 13.0% of its 52-week
high of $36.40, and 8.3% above its 52-week low of $4.36. Spreadtrum
Communications, Inc (ADR) (NASDAQ:SPRD) is the 20th best-performing U.S.-listed
Chinese stock on Nov. 30. It was up 6.0% on the day. SPRDs upside potential is
23.6% based on brokerage analysts average target price of $30.58. It is trading
at 82.6% of its 52-week high of $29.98, and 188.1% above its 52-week low of
$8.59.