China’s GDP 3Q11 Growth rate Dropped to 9.1%

The GDP of China rose in the third quarter by 2.3% (Q-2-Q), which is nearly 9.1%
in annual terms. This is a drop in the growth rate from the previous quarter as
the GDP grew by 9.7% and 9.5% in the first and second quarters (in annul terms),
respectively. This growth rate in Q3 2011 was less than expected according to
Bloomberg. These figures indicate that the Chinese economic progress slowed down
from the beginning of the year, but is still robust despite the restrictions
that the People Bank of China imposed on the commercial banks by raises the
reserve requirement ratios during the year in order to curb the number of loans
given and by doing so to reduce the inflation pressures. This news might be
among the reasons to pull down not only major commodities prices including gold,
silver and crude oil prices, but also the stock markets. Current gold price,
short term futures (November 2011 delivery) is traded at $1,663.6 per t oz. a
$13 decrease or 0.78%, as of 09:30*. Current Nymex crude oil price, short term
futures (November 2011 delivery) is traded down by 0.76% to $85.72 per barrel as
of 09:34*. Euros to US

Gold and Silver Started the Week Falling –Daily Recap October 17

Gold and silver price changed direction again and slightly declined on the first
day of the week; crude oil prices also started the week slipping; natural gas
spot prices on the other hand sharply inclined. Here is a summary of the price
movements of precious metals and energy commodities for October 17th: Precious
Metals prices: Gold price shed 0.38% off its value and reached $1,676; Silver
price, also declined by 1.09% to reach $31.82. During October, gold price
inclined by 3.3% and silver price increased by 5.8%.

Todays DJIA DOW JONES INDUSTRIAL INDEX DJX DJI, Yahoo Finance IBM Stock Quote; Nasdaq, S&P 500 News; IBM Stock Quote Earnings

Stock Indices dropped lower in the U.S. during the last trading session as
investors continued to deal with the uncertainty of the debt bailout dilemma in
Europe. Global indicators were posting in the red in the eurozone yesterday and
this negative action spilled over to apply negative weight to the U.S. indices.
Ultimately the U.S. indices closed out the trading session in the red. End of
day close for the primary index composites finished red across the board. The
Dow Jones Industrial Average finished the day lower by 2.13 percent at 11,397.
The Nasdaq closed out lower by 1.98 percent at 2,614.92. The S&P 500 finished
the session lower by 1.94 percent at 1,200.86. The dollar rose versus the euro
and the British pound. Gold contract lost 6.40 and oil per barrel dropped lower
by 42 cents. The headlining economic news posting in the U.S. last session
pertained to the Empire State Manufacturing Index. This index posted weaker than
most economists had been anticipating. Specifically, the ESM Index posted a
negative 8.5 in October. This value was much weaker than anticipated and equals
the fifth straight month that the index was on the negative side of break-even.
Headlining earnings data last session pertained to IBM. According to the IBM
report, third quarter earnings were up 7 percent. IBM reported a profit of $3.8
billion. Prior to the report, IBM shares finished down last session. According
to Yahoo Finance, IBM closed in the red last session by 3.94 percent at 186.59.
After hours action remained red for IBM shares. Frank Matto

Todays Gold Price Per Ounce Rate Spot GOld PRice per gram; Spot silver per ounce price rate News Today

Gold Price Per Ounce rates and Silver price per ounce rates were trending in
opposite directions in the initial half of the last trading session. Spot gold
price per gram and spot silver price per ounce trends were both moving on the
negative side of break-even. As end of day close numbers finalized for the U.S.
trading session, the primary index composites remained in the red. The DJIA was
lower by 2.13 percent at 11,397. The Dollar gained strength versus the euro and
the British pound. Precious metal gold and silver closed out the day on the
negative side of break-even. Contract gold for December delivery finished the
last trading session red by .38 percent or negative 6.40 to close out at 1676.60
per troy ounce. Silver contract for December delivery closed out lower by 1.09
percent or negative .352 to close out at 31.82 per troy ounce. During the
interval between last session close and todays session open, spot gold per gram
trends and spot silver per ounce trends continued to move in the red. Spot gold
price per gram was lower by .24 at 53.87 and spot silver price per ounce trends
were lower by .30 at 31.87. Camillo Zucari

Crocs Earnings Take Big Bite Out of Stock

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tdp2664 InvestorPlace Crocs, Inc. ( NASDAQ : CROX ), the cult stock behind the cult footwear hit of the same name, is the quintessential fad investment. The stock raced up 400% after its IPO before flaming out spectacularly, going from a peak of around $70 to bottom out at $1 per share. Investors should have known better after that ugly performance — and anyone who saw the ugly footwear should have understood the ride couldn't last forever. But after a huge restructuring and rebranding effort, some on Wall Street were again duped into thinking Crocs had hits its stride once more. CROX stock recently regained the $30 mark on this enthusiasm. But just like everything else in the fashion industry, things changed fast for Crocs. An ugly profit report Monday has prompted panic on Wall Street — and shares of CROX stock are set to open Tuesday down as much as 35%. The story of Crocs is a crazy one. CROX stock went public in February 2006 at $30 per share and surged immediately. Crocs split 2-for-1 soon after, then raced up five times over to about $70 per share by October 2007. It was one of those stocks growth guys and momentum investors adored, with revenue and profits both tripling from fiscal 2005 to fiscal 2006. Of course, it was all a fad. After all, how many brightly colored plastic shoes can one own — unless you're a rodeo clown? Overexpansion, slumping sales and a massive inventory of unsold shoes resulted in Crocs firing a third of its employees by the beginning of 2009. The company also made a push into emerging markets and a rebranding to include loafers, boots and other “real” footwear. The company returned to profitability last year and has notched an impressive six straight quarterly profits and eight straight quarters of improving year-over-year EPS numbers. Revenue is set to top $1 billion this year if estimates hold true, meaning Crocs could turn out better numbers even than it did in fiscal 2007 before the crash. You can understand why investors were willing to jump back in, and why CROX soared 50% this year while the market struggled to break even. Unfortunately, after Monday's ugly earnings report, those rosy estimates are looking less than certain for CROX. The Crocs earnings report after the bell indicated soft sales, lower revenue forecasts and general confirmation that the company could once again be overbought. The million-dollar question for traders is whether the selloff today will be as severe as (or more severe than) it should be. Some analysts contend Crocs has succeeded in diversifying its offerings and has staying power, particularly in Asia, and its spring line could take the company to the next level in 2012. Others say weak sales at kiosks and outlets, along with broader consumer spending woes in Europe and the U.S., are proof the stock will continue to stumble. Unfortunately, it might not matter whether the footwear company truly is on the mend. Because for many investors, Crocs already has bit them one too many times. Jeff Reeves is the editor of InvestorPlace.com. Write him at editor@investorplace.com , follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As of this writing, he did not own a position in any of the aforementioned stocks.

DAX INDEX European Market News; European Stocks in the RED; COMMERZE BANK CLOSE RED; Deutsche Bank AG Closes Red NYSE

XCSFDHG46767FHJHJF

dow2664 The primary index composites in the U.S. notched lower during the opening trading session of the week as investors are feeling increasingly uncertain about the debt resolution process ongoing in the eurozone. European finance leaders have pledged to take action and precautions to stabilize major banks and ensure financial stability in the area. Investors weren’t so sure during the opening trading session. Trends have been positive for days now, but the positive action ended last session. The Dow Jones ended the last session negative by 2.1 percent. The Nasdaq closed out lower by 2 percent and the S&P 500 finished the last session lower by 1.9 percent. The negative action observed in the U.S. spilled over from the negative European market session. The FTSE in the UK closed red by .54 percent. The CAC in France closed red by 1.61 percent. The DAX in Germany finished lower by 1.81 percent at 5,859.43. The majority of the companies that make up the DAX closed last session in the red. A noteworthy loser on the day was COMMERZBANK AG. COMMERZBANK finished the last session lower by almost 65 percent to close out red at 1.58. DB on the NYSE finished red by 5.81 percent last session and closed at 36.02. After hours trends were in the green prior to opening bell today. Frank Matto

10 Best Stocks for the Next Decade

A decade might as well be an eternity for the equity markets, but that
shouldn't stop investors from trying to identify the 10 best stocks to hold
onto for the long haul. Of course, there are countless variables that can
influence a stock, a sector, and the economy at large over such an extended
period, and that makes trying to identify the 10 best stocks from the thousands
that trade each day a daunting task. Still, it pays to take the cover off the
crystal ball from time to time and try to prognosticate as to which companies
will give investors the best chance of a long-term profit. Investors should
start with the famous Shakespearean line, "What's past is prologue,"
meaning the companies that performed well over the past decade are ones to watch
in the next decade. Of course, past performance is no guarantee of future
results, and those that made the 10 best stocks list last decade might not come
close to making the list for the coming decade. Equally important is identifying
a company's ability to adapt to changing market conditions. The mark of any
"best stock" is a company's acumen when it comes to creating new products
and/or keeping revenue and profit streaming in regardless of economic
conditions. That's what the following stocks, listed in alphabetical order
below, have done over the past several decades, and that's what each should
continue doing over the next decade. Best Stock Amazon.com The company that
essentially started the online retail revolution, Amazon.com (NASDAQ: AMZN ), is
a true American success story. Founder, Chairman and CEO Jeff Bezos is a bona
fide business genius, and his vision has almost singlehandedly changed the way
we buy everything from books to clothing. The stock was one of the darlings of
the 1990s, and again in the 2000s. As we keep buying more and more products
online over the next decade, look for AMZN shares to continue to deliver stellar
returns. Best Stock Apple The iconic personal technology firm, co-founded by
the inimitable Steve Jobs, has been one of the greatest stories in corporate
history. Apple's (NASDAQ: AAPL ) products have changed the way we live our
lives, from computing with the Mac and the iPad, to communicating via the
iPhone, to listening to music with our iPods and buying music via iTunes, the
Apple revolution has had a profound effect on society. Steve Jobs may be gone,
but his spirit lives on in Apple products. See also: The Worst Stocks to Own Now
Best Stocks AT&T Talk about an iconic company that's been around for decades,
AT&T (NYSE: T ) is a stalwart with a storied corporate history that continues
providing telecom services to new generation of customers around the world. The
latest high-profit area for AT&T is cellular phone service, but who knows where
the possible revenue streams will come from over the next 10 years. One thing
for sure is that wherever there's money to be made in telecom services, AT&T
has the fiscal might and management acumen to adapt and overcome to virtually
any challenge the future may pose. Best Stock Caterpillar A growing global
economy requires equally huge construction projects to reshape the landscape for
human use. Those projects involve big, heavy-duty construction equipment of the
type made by Caterpillar (NYSE: CAT ). The iconic brand can be found in nearly
every corner of the globe, and with big infrastructure projects in emerging
markets such as China, India, Brazil and Russia over the next decade, you can
bet that Caterpillar will have a serious revenue pipeline coming in to support
its shares. Best Stock Coca-Cola No brand is more ubiquitous around the world
than Coca-Cola (NYSE: KO ). The beverage giant can be found even in the far
reaches of the third world, and as third-world nations become second-world
nations, and as second-world nations grow their way into first-world status, we
are liable to see the already mammoth Coca-Cola brand become exponentially
bigger. KO shares have been huge winners over the past decade; however, the fizz
is by no means over. Best Stock Exxon Mobil Oil is the lifeblood of the global
beast, and providing that oil to a thirsty world is Exxon Mobil (NYSE: XOM ).
This is one of the most profitable companies in history, and that's because
Exxon has managed to keep the cost of finding, extracting and refining oil into
usable petroleum products well below the price at which it can sell those
products. Global demand from burgeoning emerging markets will be the key to
Exxon Mobil's growth over the next 10 years.