Spot silver price kilo ounce, Spot gold price per gram, kilo; Contract gold June contract silver july price per ounce rates today

Commodities moved forward during the last half of yesterdays trading session.
After session close, spot gold was trending in the green. At this same point,
spot silver was still trending red. Both precious metals moved to recover but
only contract gold officially finished off the last trading session in the U.S.
with a positive price per ounce rate. The stock market recovered during the
second half of the trading session yesterday and ultimately, the major index
composites in the United States went green to close. The dollar took some
positive strides versus the euro but June contract gold still finished ahead.
Some of the precious metals on the Metals tracking board finished with a
negative floor price however. June contract gold closed green by 5.40 at 1506.80
per troy ounce. July contract silver finished the day red by .718 at 34.80. July
contract platinum went red by 6.80 at 1771 and July copper finished with a floor
price higher by .057 at 3.97 per pound. Later, during the interval between
yesterdays session close and todays opening bell, spot gold and spot silver
continued to trend in divergent directions. Gold is up. Silver is down. Spot
silver per kilo was red by 30.22 at 1111.42 and spot silver per ounce was red by
.94 at 34.57. Spot gold per kilo was green by 56.91 at 48318 and spot gold per
gram was green by .06 at 48.32. Author: Camillo Zucari

Spot silver price kilo ounce, Spot gold price per gram, kilo; Contract gold June contract silver july price per ounce rates today

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Commodities moved forward during the last half of yesterday’s trading session. After session close, spot gold was trending in the green. At this same point, spot silver was still trending red. Both precious metals moved to recover but only contract gold officially finished off the last trading session in the U.S. with a positive price per ounce rate. The stock market recovered during the second half of the trading session yesterday and ultimately, the major index composites in the United States went green to close. The dollar took some positive strides versus the euro but June contract gold still finished ahead. Some of the precious metals on the Metals tracking board finished with a negative floor price however. June contract gold closed green by 5.40 at 1506.80 per troy ounce. July contract silver finished the day red by .718 at 34.80. July contract platinum went red by 6.80 at 1771 and July copper finished with a floor price higher by .057 at 3.97 per pound. Later, during the interval between yesterday’s session close and today’s opening bell, spot gold and spot silver continued to trend in divergent directions. Gold is up. Silver is down. Spot silver per kilo was red by 30.22 at 1111.42 and spot silver per ounce was red by .94 at 34.57. Spot gold per kilo was green by 56.91 at 48318 and spot gold per gram was green by .06 at 48.32. Author: Camillo Zucari

Thursday’s Stocks to Watch: Cisco, Symantec

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InvestorPlace
Here are a few stocks to keep on your radar: Shares of Cisco (NASDAQ: CSCO ) slipped more than 6% after the company beat analysts’ fiscal third-quarter earnings estimates late Wednesday but said fourth-quarter revenue and profit would come in below current expectations. Symantec (NASDAQ: SYMC ) rose 4% after the company beat fiscal fourth-quarter profit and revenue estimates and forecast first-quarter profit would meet Wall Street’s expectations. Shares of AT&T (NYSE: T ) were up 0.1% after the company spent Wednesday on Capitol Hill defending its planned acquisition of T-Mobile. A note by Stifel Nicolaus on Thursday said the firm expects the merger to be approved, although it’s a closer call than some believe. Kosmos Energy (NYSE: KOS ) fell 1% to $18.05 in early Thursday trading, a day after the company priced its initial public offering at $18 a share. Kohl’s (NYSE: KSS ) added 1.2% after the retailer met Wall Street’s first-quarter earnings and revenue estimates.

Silver Volatility Spike is Time to Strike

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InvestorPlace
So here’s a graph of iShares Silver Trust (NYSE: SLV ) volatility over the past three months. In yellow we have 30-day Implied Volatility, more or less the “VIX” for SLV. In blue we see 20-day Historical Volatility, the pace at which SLV has fluctuated over the past 20 trading days. Now if you just looked at options, you would have noticed quite the spike. I mean IV literally doubled from mid-April to early May. And of course, when volatility doubles in a few weeks, options trading investors want to find a way to sell it. Especially in a non-stock. I mean, no one’s taking over SLV, right? But of course, it is just never that simple. Option volatility is only high or low relative to the realized volatility in the underlying. When we buy an option, say with 30 days duration, we must estimate the realized volatility going forward, since we don’t actually know the answer. But we can look backwards. And in SLV, the pop in realized volatility dwarfs the doubling in implied volatility. As you can see on the graph, it actually quadrupled, from the low 20′s to over 80. And even that understates it. Here’s the “noisier” 10-day HV. Yes, 10-day HV jumped over 100% this week. Using the “Rule of 16″, that suggests SLV moves about 6.5% per day lately, which I am sure won’t come as news to those of you that have been watching this animal fly around in the last month. What I really want to point out is that you should only refer to options as high or low relative to the volatility in the underlying. And trade accordingly. SLV options at 60 volatility represent no bargain long term, but in the here and now they severely underprice the actual volatility in SLV. This too shall pass, but not overnight. Follow Adam Warner on Twitter @agwarner .

Dow Jones Industrial Average Close Today’s Stock Market Open Analysis; Nasdaq, S&P 500 notes; Investment News; Today’s Stock Market Note Schedule

Stock market index composites dropped off just after open yesterday morning and
then slowly gained to make up for those losses during the rest of the trading
session. The Dow Jones Industrial Average moved higher by 66 points to finished
green. The Nasdaq composites pushed higher by 18 points to close the session
green and the S&P 500 finished in positive territory as well by moving 7 points
higher on the day. Stocks began their primary surge yesterday around mid-day
once commodities like oil price per barrel rebounded and the dollar advanced on
the euro. Investors hope to close out the last trading session of the week by
carrying the positive momentum from yesterdays close through todays market
close. On the schedule for today, the University of Michigan will post data via
its preliminary consumer sentiment survey. The data from this survey is expected
to reveal the worries that consumers have regarding the price of gas and
inflationary potentials, although the recent news regarding Bin Laden's death
may help the reading stay steady. If the report skews negative, look for safe
haven gold to build on the gains it built yesterday. The April consumer price
index report will post as well via the Labor Department. All eyes will be on the
stock market trends today in hopes of observing a strong close to the week. The
Dow Jones Industrial Average will garner increased attention this day. Author:
Frank Matto

Watch List For Friday May 13, 2011

tdp2664Penny Stock Live
Added charts that will update, please comment below if you like or dislike this addition. TSEM manufactures semiconductors. Analysts recommend it as a buy and data from Bloomberg has analysts forecasting the stock gaining about 89% to $2.4 in the next 12 months. With Q1 earnings on May 17, 2011 this may be a run up candidate. It’s estimated that they’ll record net income of $29.75m, or 11 cents per share as opposed to a loss of $36.2m, or 18 cents per share, in the year-ago period. Trading goal would be 10% between $1.27 and $1.45. LQMT was up another 8% today on $49,922 in volume or 99,236 shares. It now appears the that sellers have left the stock but I expect them to emerge again when the dip buyers from $.52-$.54 come into play from the recent price action shelf. My starter position would be $5,000 or about 1/10 today’s volume so it’s still simply too thin for entry. If this is the start of a move though, I’ll look to trade it between $.52 and $.70 depending on why it’s moving. At 1:59pm EST today VRML dropped massive news and the stock went supernova closing after hours at $6.37. This is why I watch the streaming news on EquityFeed all day long because this happens quite a bit and if you’re quick to act you can lock in big winners. It’s hard to catch them all though because there’s so much news that hits the market daily… but that’s my job. I’ve added it because there is a real possibility that VRML is trading in the $8 to $9 range tomorrow which means a dollar per share opportunity. PSUN still has my attention after moving up from $3 but I’m not a buyer here. I’m waiting for a strong break of $4 which should trigger a $.50 cent move to $4.50. Earnings are expected on May 24th so there is still plenty of time to catch another phase of run up. JAMN might not be done yet believe it or not. The one minute chart tells a completely different story than the chart you see below. It closed just below key resistance, a break of which at $5.50 could trigger another solid move up the chart. This isn’t a stock you buy and check back on though, it requires constant supervision just like a new born baby. If you don’t believe me, pull up a 1 minute chart from Thursday and look at the time from from 11:35am EST to 12:05am EST and you’ll see what I mean.

Can MicroStrategy Shares Stay on a Tear?

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InvestorPlace
Back in January, I suggested that investors consider taking a bite out of MicroStrategy (NASDAQ: MSTR ), an analytical software company. Since then, the stock has risen about 53%. But MicroStrategy’s first-quarter earnings, announced last week, were disappointing. Is it time to get out of the stock or get in? Last September, I wrote that big technology companies, such as IBM (NYSE: IBM ) were flush with cash that they intended to use for acquisitions . IBM, in particular, is very interested in analytical software, a topic about which I posted in April, and the company expects to generate $16 billion in revenue from selling analytical software by 2015 . One way for IBM to achieve that goal is to acquire analytical software companies — such as MicroStrategy. Of course, MicroStrategy might not be acquired, so it’s important to consider how the company is performing on its own. And on the basis of its first-quarter earnings, investors might have reason to pause. Although its revenue was up 31% , its earnings per share of 10 cents a share badly missed the Thomson Reuters consensus estimate of 39 cents a share. The numbers suggest that MicroStrategy’s expenses might be getting out of control. After all, its net income of $1.1 million was 84% below last year’s level on a 37% increase in operating expenses to $87.8 million. Moreover, its cost of revenue is up as well — most notably a 58% spike in support costs to $28.5 million. When MicroStrategy announced earnings, its stock sold off, but it’s up 4.6% since then. Does this mean it has further to run? To make that decision, you might consider using the price-to-earnings-to-growth (PEG) ratio that compares a stock's market valuation to its forecasted earnings growth. By that measure, if a stock trades at a PEG of 1.0 or lower, it is reasonably priced. Higher than that, and it looks overvalued. Based on a PEG of 1.06 — it trades at a P/E of 41.8 and its earnings are expected to rise 39.5% to $4.44 in 2012 — I’d say the stock is reasonably valued. The bad news is that its first-quarter earnings miss was huge and its expenses appear to be growing too fast. The good news is that its cash balance grew 17% to $203 million in the first quarter despite the profit plunge. If IBM bought MicroStrategy, it would get an analytical software company with $483 million in sales and a long list of blue chip clients. For that, IBM would need to pay a premium over MicroStrategy’s $1.46 billion market capitalization — a price IBM could afford to pay. Investing in MicroStrategy is not without risks, but I think its upside outweighs them. Peter Cohan has no financial interest in the securities mentioned.