Friday, May 13, 2011

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

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dow2664 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 yesterday’s close through today’s 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



Tesco PLC (LON:TSCO) Makes Shellfish Deal

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tdp2664 E money daily Tesco PLC (LON:TSCO) has entered into a lucrative agreement with Kush Shellfish company. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full TSCO chart at Wikinvest Tesco PLC (LON:TSCO) Makes Shellfish Deal Under the terms of the deal, West Cork based Kush Shellfish will supply excellent quality Irish shellfish to fourteen selected Tesco PLC (LON:TSCO) stores throughout Ireland. Mr John Harrington, managing director of Kush Shellfish said, "The new sales agreement with Tesco PLC (LON:TSCO) is a direct result of the growing consumer demand for premium quality Irish shellfish. Within the domestic market, we are seeing a phenomenal increase in demand for excellent quality Irish shellfish. In fact, over the past three years, there's been a huge revival of interest." Tesco PLC (LON:TSCO) company shares stood at 420.05 at the end of the last trading session. Price History Last Price: 420.05 52 Week Range: 280.40- 446.00 Last Vol: 22917572 3 Month Vol: 528467000



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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dow2664 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



Watch List For Friday May 13, 2011

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tdp2664 Penny 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.



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

dow2664

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.



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