The GDP rose at a 3.2% annual pace in the Q1,Economists forecast GDP would rise 3.4%.
A drop in consumer sentiment contributed to the selling.
Despite the gains the past two days, investors are still keeping an eye on the European debt problems.
An aid package for Greece could come over the weekend.
Federal prosecutors are looking into whether to pursue a criminal case against Goldman, according to published reports.Goldman shares fell $12.26, to $147.94.
Friday, April 30, 2010
Make a Guess !
Warren Buffett and Bill Gates Are Pouring Over $1.5 BILLION into Which of These Two Stocks?
Hint: 92.1% of all respondents answer this question WRONG!
A.) Microsoft (MSFT) and Berkshire Hathaway (BRKa)
B.) Apple (AAPL) and Google (GOOG)
C.) Berkshire Hathaway (BRKa) and Apple (AAPL)
D.) Republic Services (RSG) and Waste Management (WM)
E.). Google (GOOG) and Microsoft (MSFT)
Would you like to know the answer ?
The Correct Answer is: Republic Services(RSG) and Waste Management(WM)
Hint: 92.1% of all respondents answer this question WRONG!
A.) Microsoft (MSFT) and Berkshire Hathaway (BRKa)
B.) Apple (AAPL) and Google (GOOG)
C.) Berkshire Hathaway (BRKa) and Apple (AAPL)
D.) Republic Services (RSG) and Waste Management (WM)
E.). Google (GOOG) and Microsoft (MSFT)
Would you like to know the answer ?
The Correct Answer is: Republic Services(RSG) and Waste Management(WM)
Thursday, April 29, 2010
Daily Range Projections
Research has shown that tomorrow’s price range is influenced by the relationship between the current day’s price close versus the current day’s price open. There are three possible relationships between the close today and the open today.
1. The close today is less than the open today;
2. The close today is greater than the open today;
3. The close to day is equal to the open today;
If relationship 1 exist, use the following formula to project the range for the following day:
(High today + Low today + Close today + Low today)/2 = X
Tomorrow’s projected high = X – Today’s low
Tomorrow’s projected Low = X – Today’s high
If relationship 2 exists, revise the formula as follows:
(High today + Low today + Close today + High today)/2 = X
Tomorrow’s projected high = X – Today’s low
Tomorrow’s projected low = X – Today’s high
If relationship 3 occurs, make the following adjustments:
(High today + Low today + Close today + Close today)/2 = X
Tomorrow’s projected high = X – Today’s low
Tomorrow’s projected low = X – Today’s high
If price opens within the projected price range and you are a day trader, anticipate resistance above the projected high and expect support at the projected low. More
Importantly should price open outside the projected range – above the projected high or below the projected low – the supply – demand balance had shifted significantly enough
To imply that the short-term price trend will continue in the direction of the opening breakout. Two options exist for the short –term trader if such a breakout occurs:
1. Ignore the projected ranges for the day;
2. Adjust the value for the projected low to just below the projected high in the case of an upside breakout; conversely, revise the value for the projected high to just above the projected low in the case of a downside breakout.
Note: I got it from a book named "The New Science of Technical Analysis". No Guarantee that this performance will continue.
1. The close today is less than the open today;
2. The close today is greater than the open today;
3. The close to day is equal to the open today;
If relationship 1 exist, use the following formula to project the range for the following day:
(High today + Low today + Close today + Low today)/2 = X
Tomorrow’s projected high = X – Today’s low
Tomorrow’s projected Low = X – Today’s high
If relationship 2 exists, revise the formula as follows:
(High today + Low today + Close today + High today)/2 = X
Tomorrow’s projected high = X – Today’s low
Tomorrow’s projected low = X – Today’s high
If relationship 3 occurs, make the following adjustments:
(High today + Low today + Close today + Close today)/2 = X
Tomorrow’s projected high = X – Today’s low
Tomorrow’s projected low = X – Today’s high
If price opens within the projected price range and you are a day trader, anticipate resistance above the projected high and expect support at the projected low. More
Importantly should price open outside the projected range – above the projected high or below the projected low – the supply – demand balance had shifted significantly enough
To imply that the short-term price trend will continue in the direction of the opening breakout. Two options exist for the short –term trader if such a breakout occurs:
1. Ignore the projected ranges for the day;
2. Adjust the value for the projected low to just below the projected high in the case of an upside breakout; conversely, revise the value for the projected high to just above the projected low in the case of a downside breakout.
Note: I got it from a book named "The New Science of Technical Analysis". No Guarantee that this performance will continue.
Market Focus 4/29/2010
Stock Market Closing Prices – 4/29/10
Dow ( DJIA ) Close - 11167.32 +122.05
Nasdaq Stock Close – 2511.92 +40.19
S&P 500 Close – 1206.78 +15.42
Commodities Closing Prices – 4/29/10
Gold Close - 1170.00 +1.60
Oil Close – 85.46 +0.29
Natural Gas – 4.01
The Dow rose 122 points, Stocks surged higher after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy.
Gains were broad based, with 27 of the 30 Dow components ending higher. Financial and tech sector led the market.
Tomorrow, Labor Department will releases GDP data for Q1.
Stock Market April 30, 2010
Chevron is set to release quarterly results. Before market open.
Allergan is scheduled to post quarterly results. Before market open.
Berkshire Hathaway is expected to release quarterly results.
Dow ( DJIA ) Close - 11167.32 +122.05
Nasdaq Stock Close – 2511.92 +40.19
S&P 500 Close – 1206.78 +15.42
Commodities Closing Prices – 4/29/10
Gold Close - 1170.00 +1.60
Oil Close – 85.46 +0.29
Natural Gas – 4.01
The Dow rose 122 points, Stocks surged higher after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy.
Gains were broad based, with 27 of the 30 Dow components ending higher. Financial and tech sector led the market.
Tomorrow, Labor Department will releases GDP data for Q1.
Stock Market April 30, 2010
Chevron is set to release quarterly results. Before market open.
Allergan is scheduled to post quarterly results. Before market open.
Berkshire Hathaway is expected to release quarterly results.
Stocks rise on Greece bailout talks,drop in jobless claims
Stocks rise on Greece bailout talks,drop in jobless claims
Stocks were rallying today on hopes of an economic recovery and relief that Greece will likely get a bailout in coming days.
Exxon Mobil posts a profit but misses expectations. Procter & Gamble reported a better-than-expect results.
Stocks were rallying today on hopes of an economic recovery and relief that Greece will likely get a bailout in coming days.
Exxon Mobil posts a profit but misses expectations. Procter & Gamble reported a better-than-expect results.
Wednesday, April 28, 2010
The Best ETFs to Buy Now
LINK ARTICLE
ETF #1 - ING Risk Managed Natural Resources Fund (IRR)
ETF #2 - SPDR Utilities (XLU)
ETF #3 - iShares MSCI Brazil (EWZ)
ETF #4 – iShares iBoxx Investment Grade Corporate Bond Fund (LQD)
ETF #5 - SPDR Gold Trust (GLD)
ETF #6 - iShares DJ US Insurance Index Fund (IAK)
ETF #1 - ING Risk Managed Natural Resources Fund (IRR)
ETF #2 - SPDR Utilities (XLU)
ETF #3 - iShares MSCI Brazil (EWZ)
ETF #4 – iShares iBoxx Investment Grade Corporate Bond Fund (LQD)
ETF #5 - SPDR Gold Trust (GLD)
ETF #6 - iShares DJ US Insurance Index Fund (IAK)
Top 10 High Yield Dividend Stocks in the Dow
LINK
Dow Dividend Stock #1 – AT&T (T)
Market Cap: $154.9 billion
Annual Dividend: $1.68
Dividend Yield: 6.4%
Dow Dividend Stock #2 – Verizon (VZ)
Market Cap: $83.8 billion
Annual Dividend: $1.90
Dividend Yield: 6.3%
Dupont (DD)
Market Cap: $35.5 billion
Annual Dividend: $1.64
Dividend Yield: 4.2%
Dow Dividend Stock #4 - Pfizer (PFE)
Market Cap: $137.1 billion
Annual Dividend: $0.72
Dividend Yield: 4.2%
Dow Dividend Stock #5 – Merck (MRK)
Market Cap: $112.3 billion
Annual Dividend: $1.52
Dividend Yield: 4.1%
Dow Dividend Stock #6 – Kraft Foods (KFT)
Market Cap: $46.0 billion
Annual Dividend: $1.16
Dividend Yield: 3.8%
Dow Dividend Stock #7 - Chevron (CVX)
Market Cap: $163.9 billion
Annual Dividend: $2.72
Dividend Yield: 3.4%
Dow Dividend Stock #8 – McDonald's (MCD)
Market Cap: $74.4 billion
Annual Dividend: $2.20
Dividend Yield: 3.2%
Dow Dividend Stock #9 – Coca Cola (KO)
Market Cap: $125.1 billion
Annual Dividend: $1.76
Dividend Yield: 3.2%
Dow Dividend Stock #10 – Johnson and Johnson (JNJ)
Market Cap: $180.3 billion
Annual Dividend: $1.96
Dividend Yield: 3.0%
Dow Dividend Stock #1 – AT&T (T)
Market Cap: $154.9 billion
Annual Dividend: $1.68
Dividend Yield: 6.4%
Dow Dividend Stock #2 – Verizon (VZ)
Market Cap: $83.8 billion
Annual Dividend: $1.90
Dividend Yield: 6.3%
Dupont (DD)
Market Cap: $35.5 billion
Annual Dividend: $1.64
Dividend Yield: 4.2%
Dow Dividend Stock #4 - Pfizer (PFE)
Market Cap: $137.1 billion
Annual Dividend: $0.72
Dividend Yield: 4.2%
Dow Dividend Stock #5 – Merck (MRK)
Market Cap: $112.3 billion
Annual Dividend: $1.52
Dividend Yield: 4.1%
Dow Dividend Stock #6 – Kraft Foods (KFT)
Market Cap: $46.0 billion
Annual Dividend: $1.16
Dividend Yield: 3.8%
Dow Dividend Stock #7 - Chevron (CVX)
Market Cap: $163.9 billion
Annual Dividend: $2.72
Dividend Yield: 3.4%
Dow Dividend Stock #8 – McDonald's (MCD)
Market Cap: $74.4 billion
Annual Dividend: $2.20
Dividend Yield: 3.2%
Dow Dividend Stock #9 – Coca Cola (KO)
Market Cap: $125.1 billion
Annual Dividend: $1.76
Dividend Yield: 3.2%
Dow Dividend Stock #10 – Johnson and Johnson (JNJ)
Market Cap: $180.3 billion
Annual Dividend: $1.96
Dividend Yield: 3.0%
Market Focus 4/28/2010
Stock Market Closing Prices – 4/28/10
Dow ( DJIA ) Close - 11045.27 +53.28
Nasdaq Stock Close – 2471.73 +0.26
S&P 500 Close – 1191.36 +7.65
Commodities Closing Prices – 4/28/10
Gold Close - 1171.30 +0.00
Oil Close – 83.27 +0.05
Natural Gas – 4.29
Stocks finished modestly higher after the Federal Reserve decided today to hold its key rates near zero for an extended period of time.
The Fed said that, even with an economic recovery in progress, it's not the right time to raise interest rates. Lack of job growth and a weak housing market continue to be major problems.
The Senate officially kicked off debate of Wall Street reform on Wednesday evening.
Financial stocks led the market higher this afternoon, with Goldman Sachs (GS) up 2.6%
to $157.01. JPMorgan Chase (JPM) up 2.5% to $43.46.
After the close of trading, Hewlett-Packard (HPQ) announced a deal to buy troubled smart-phone maker Palm (PALM) for $5.7 a share, or $1.2 billion.
Gold and oil both rose.
Futures trading suggests that stocks will open higher on Thursday.
Stock Market April 29, 2010
Labor Department releases initial weekly jobless claims data. 8:30 a.m.
Exxon Mobil is set to release quarterly results. Before market open.
Procter & Gamble is scheduled to post quarterly results. Before market open.
ConocoPhillips is scheduled to release quarterly results. Before market open.
Dow ( DJIA ) Close - 11045.27 +53.28
Nasdaq Stock Close – 2471.73 +0.26
S&P 500 Close – 1191.36 +7.65
Commodities Closing Prices – 4/28/10
Gold Close - 1171.30 +0.00
Oil Close – 83.27 +0.05
Natural Gas – 4.29
Stocks finished modestly higher after the Federal Reserve decided today to hold its key rates near zero for an extended period of time.
The Fed said that, even with an economic recovery in progress, it's not the right time to raise interest rates. Lack of job growth and a weak housing market continue to be major problems.
The Senate officially kicked off debate of Wall Street reform on Wednesday evening.
Financial stocks led the market higher this afternoon, with Goldman Sachs (GS) up 2.6%
to $157.01. JPMorgan Chase (JPM) up 2.5% to $43.46.
After the close of trading, Hewlett-Packard (HPQ) announced a deal to buy troubled smart-phone maker Palm (PALM) for $5.7 a share, or $1.2 billion.
Gold and oil both rose.
Futures trading suggests that stocks will open higher on Thursday.
Stock Market April 29, 2010
Labor Department releases initial weekly jobless claims data. 8:30 a.m.
Exxon Mobil is set to release quarterly results. Before market open.
Procter & Gamble is scheduled to post quarterly results. Before market open.
ConocoPhillips is scheduled to release quarterly results. Before market open.
Stocks rise as Euro leaders try to calm debt fears
Stocks rose early Wednesday after European leaders tried to reassure investors that Greece would receive bailout money to help it with its debt problems.
Dow Chemical and Comcast report better-than-expected results this morning.
Investors will also pay close attention to the Fed's interest rate-setting committee meeting that ends later in the day. The Fed is expected to hold a key interest rate at historic lows.
Dow Chemical and Comcast report better-than-expected results this morning.
Investors will also pay close attention to the Fed's interest rate-setting committee meeting that ends later in the day. The Fed is expected to hold a key interest rate at historic lows.
Tuesday, April 27, 2010
Gold Miners ETF
Market Vectors Gold Miners ETF (GDX)
Market Vectors Junior Gold Miners ETF (GDXJ)
(GDX is large-cap, and GDXJ is small-cap)
An ETF to Play the Gold Miners
Market Vectors Junior Gold Miners ETF (GDXJ)
(GDX is large-cap, and GDXJ is small-cap)
An ETF to Play the Gold Miners
IBM increases its dividend 18%
IBM had some decent news for investors:Big Blue increased its dividend by 18.2% to 65 cents a share.
The company also said its board authorized the company to spend another $8 billion on share repurchases, on top of $2 billion remaining from its previous authorization. Last year the company spent about $7.5 billion buying back its own stock.
LINK
The company also said its board authorized the company to spend another $8 billion on share repurchases, on top of $2 billion remaining from its previous authorization. Last year the company spent about $7.5 billion buying back its own stock.
LINK
Market Focus 4/27/2010
Stock Market Closing Prices – 4/27/10
Dow ( DJIA ) Close - 10991.99 -213.04
Nasdaq Stock Close – 2471.47 -51.48
S&P 500 Close – 1183.71 -28.34
Commodities Closing Prices – 4/27/10
Gold Close - 1165.50 +3.80
Oil Close – 82.28 -0.16
Natural Gas – 4.23
Stocks pull back as investors worried about debt problems in Greece and Portugal.The Dow fell 213 points closed below 11000 critical level.
Goldman Sachs CEO Lloyd Blankfein and other top executives testified in the Capitol Hill. The SEC has charged Goldman with civil fraud, accusing it of misleading investors about investments tied to subprime mortgages.
A disappointing report on home prices also weighed on sentiment today, despite strong quarterly results from Ford (F), 3M and DuPont (DD) and a report on consumer confidence that showed the highest reading since September 2008.
Futures trading suggests stocks may open lower on Wednesday as uncertainty over the European situation continues to roil markets.
Stock Market April 28, 2010
FOMC announces decision on interest-rate policy. 2:15 p.m.
Dow Chemical is set to release quarterly results. Before market open.
Sprint Nextel is scheduled to post quarterly results. Before market open.
AOL is set to release quarterly results. Before market open.
Dow ( DJIA ) Close - 10991.99 -213.04
Nasdaq Stock Close – 2471.47 -51.48
S&P 500 Close – 1183.71 -28.34
Commodities Closing Prices – 4/27/10
Gold Close - 1165.50 +3.80
Oil Close – 82.28 -0.16
Natural Gas – 4.23
Stocks pull back as investors worried about debt problems in Greece and Portugal.The Dow fell 213 points closed below 11000 critical level.
Goldman Sachs CEO Lloyd Blankfein and other top executives testified in the Capitol Hill. The SEC has charged Goldman with civil fraud, accusing it of misleading investors about investments tied to subprime mortgages.
A disappointing report on home prices also weighed on sentiment today, despite strong quarterly results from Ford (F), 3M and DuPont (DD) and a report on consumer confidence that showed the highest reading since September 2008.
Futures trading suggests stocks may open lower on Wednesday as uncertainty over the European situation continues to roil markets.
Stock Market April 28, 2010
FOMC announces decision on interest-rate policy. 2:15 p.m.
Dow Chemical is set to release quarterly results. Before market open.
Sprint Nextel is scheduled to post quarterly results. Before market open.
AOL is set to release quarterly results. Before market open.
Stocks Drop as Greece Concern Offsets Consumer Data
Stock fell this morning,as investors cheered better-then-expected results from Ford,3M,and DuPond but worried about Greece debt troubles would spread to other European countries ,although a report on consumer confidence showed the highest level since September 2008.
Most Asian markets fell on concerns that Chinese regulators will try to slow the country's supercharged economic growth. The government has been trying to slow the country's real estate market in hopes of avoiding a speculative bubble.
Investors are also uneasy about debate in Congress on an overhaul of financial regulations. However, it's unclear when a Senate floor debate on the legislation will begin.
Meanwhile Goldman Sachs CEO Lloyd Blankfein and other top executives from the bank will be testifying on Capitol Hill Tuesday about the company's dealings in mortgage-backed securities during the credit crisis.
A disappointing report on housing showed more troubles in that market. The Standard & Poor's/Case-Shiller 20-city home price index showed its first annual growth rate in three years, but 11 of the 20 cities used in the index still showed a drop in prices.
(Source: Bloomberg,CNN, MSNBC...)
Most Asian markets fell on concerns that Chinese regulators will try to slow the country's supercharged economic growth. The government has been trying to slow the country's real estate market in hopes of avoiding a speculative bubble.
Investors are also uneasy about debate in Congress on an overhaul of financial regulations. However, it's unclear when a Senate floor debate on the legislation will begin.
Meanwhile Goldman Sachs CEO Lloyd Blankfein and other top executives from the bank will be testifying on Capitol Hill Tuesday about the company's dealings in mortgage-backed securities during the credit crisis.
A disappointing report on housing showed more troubles in that market. The Standard & Poor's/Case-Shiller 20-city home price index showed its first annual growth rate in three years, but 11 of the 20 cities used in the index still showed a drop in prices.
(Source: Bloomberg,CNN, MSNBC...)
Monday, April 26, 2010
20 top-performing stocks
LINK
1. TRW Automotive Holdings (TRW)
2. Tenneco (TEN)
3. Dillard's (DDS)
4. Tenet Healthcare (THC)
5. Unisys (UIS)
6. Advanced Micro Devices (AMD)
7. Ford Motor (F)
8. Oshkosh (OSK)
9. Health Management Associates (HMA)
10. Genworth Financial (GNW)
11. Micron Technology (MU)
12. Sanmina-SCI (SANM)
13. Western Digital (WDC)
14. Ashland (ASH)
15. Huntsman (HUN)
16. Virgin Media (VMED)
17. Freeport-McMoRan Copper & Gold (FCX)
18. CB Richard Ellis Group (CBG)
19. CarMax (KMX)
20. Whole Foods Market (WFMI)
1. TRW Automotive Holdings (TRW)
2. Tenneco (TEN)
3. Dillard's (DDS)
4. Tenet Healthcare (THC)
5. Unisys (UIS)
6. Advanced Micro Devices (AMD)
7. Ford Motor (F)
8. Oshkosh (OSK)
9. Health Management Associates (HMA)
10. Genworth Financial (GNW)
11. Micron Technology (MU)
12. Sanmina-SCI (SANM)
13. Western Digital (WDC)
14. Ashland (ASH)
15. Huntsman (HUN)
16. Virgin Media (VMED)
17. Freeport-McMoRan Copper & Gold (FCX)
18. CB Richard Ellis Group (CBG)
19. CarMax (KMX)
20. Whole Foods Market (WFMI)
Market Focus 4/26/2010
Stock Market Closing Prices – 4/26/10
Dow ( DJIA ) Close - 11205.03 +0.75
Nasdaq Stock Close – 2522.95 -7.20
S&P 500 Close – 1212.05 -5.23
Commodities Closing Prices – 4/26/10
Gold Close - 1153.50 +0.00
Oil Close – 84.07 -0.13
Natural Gas – 4.25
Stocks ended up 0.75 points Monday as a strong earning report from Caterpillar, Whirlpool and Texas Instruments.
The weakest sector in the market was financial stocks, which were generally lower as debate over financial reform raged in Congress. Goldman Sachs was down 3.14 to $152.03.
Citigroup (C ) shares fell 5.1% to $4.61 after the Treasury Department said today that it will start selling its 7.7 billion shares of the banking giant "in an orderly fashion."
Tuesday will be a big day.
There are earnings reports due from Honda Motor (HMC), Ford Motor (F), 3M (MMM), DuPont (DD), BP (BP) and United Parcel Service (UPS).
There's Goldman Sachs (GS) CEO Lloyd Blankfein's appearance before the Senate Subcommittee on Investigations.
Futures trading suggests stocks will open down slightly.
Stock Market April 27, 2010
Consumer Confidence - 10am EST
Top Goldman Sachs executives testify on Capitol Hill. 10 a.m.
FOMC hold a two-day meeting beginning Tuesday.
Dow ( DJIA ) Close - 11205.03 +0.75
Nasdaq Stock Close – 2522.95 -7.20
S&P 500 Close – 1212.05 -5.23
Commodities Closing Prices – 4/26/10
Gold Close - 1153.50 +0.00
Oil Close – 84.07 -0.13
Natural Gas – 4.25
Stocks ended up 0.75 points Monday as a strong earning report from Caterpillar, Whirlpool and Texas Instruments.
The weakest sector in the market was financial stocks, which were generally lower as debate over financial reform raged in Congress. Goldman Sachs was down 3.14 to $152.03.
Citigroup (C ) shares fell 5.1% to $4.61 after the Treasury Department said today that it will start selling its 7.7 billion shares of the banking giant "in an orderly fashion."
Tuesday will be a big day.
There are earnings reports due from Honda Motor (HMC), Ford Motor (F), 3M (MMM), DuPont (DD), BP (BP) and United Parcel Service (UPS).
There's Goldman Sachs (GS) CEO Lloyd Blankfein's appearance before the Senate Subcommittee on Investigations.
Futures trading suggests stocks will open down slightly.
Stock Market April 27, 2010
Consumer Confidence - 10am EST
Top Goldman Sachs executives testify on Capitol Hill. 10 a.m.
FOMC hold a two-day meeting beginning Tuesday.
Treasury to sell 1.5 billion Citi shares
The federal government took its first step towards unloading its remaining stake in Citigroup, unveiling plans Monday to sell up to 1.5 billion shares in the banking giant.
The U.S. government currently owns approximately 7.7 billion shares, or about a 27% stake in the New York City-based bank. A sale of the 1.5 billion shares would cut the government's holdings to just under 22%.
“Treasury will begin selling its common shares in the market in an orderly fashion under a pre-arranged written trading plan.”
The sale of the 1.5 billion shares would likely generate a return for American taxpayers, based on where Citi stock has been trading recently.
link
The U.S. government currently owns approximately 7.7 billion shares, or about a 27% stake in the New York City-based bank. A sale of the 1.5 billion shares would cut the government's holdings to just under 22%.
“Treasury will begin selling its common shares in the market in an orderly fashion under a pre-arranged written trading plan.”
The sale of the 1.5 billion shares would likely generate a return for American taxpayers, based on where Citi stock has been trading recently.
link
Sunday, April 25, 2010
Next Week Economic News
The Federal Reserve's rate-making body, the Federal Open Market Committee, will hold a two-day meeting to decide interest-rate policy for the next few months. The decision will come Wednesday afternoon.
The S&P/Case-Shiller Index, due Tuesday. This measures home-price changes in 20 major markets. It's likely to show more signs that the housing market has bottomed. But not much more.
The final University of Michigan Consumer Sentiment Index for April, due Friday, is expected to hit 71. That would be up from 69.6 in an earlier estimate.
First-quarter gross domestic product, due Friday. Sounds boring, but GDP is how we measure the economy. And this report is likely to end the argument over whether the recovery is real.
About Earnings,
Monday: While Big Oil is the focus of the week, the big report Monday will come from Dow component Caterpillar (CAT). Caterpillar has been boosting guidance, citing the emerging global recovery.
Tuesday: Dow components 3M (MMM) and DuPont (DD) are due in the morning, with Broadcom (BRCM), which makes communications chips, after the close.
Wednesday: Honda reports early in the day. Royal Dutch Shell and Cabot Oil & Gas (COG) are among the energy companies reporting. Outside of energy are several media reports: Comcast (CMCSA) , Meredith (MDP) (publisher of Better Homes & Gardens) and Martha Stewart Living Omnimedia (MSO).
Thursday: This is a huge day with more than 550 companies reporting.
Exxon Mobil reports before the open.Energy companies also reporting include Apache (APA), ConocoPhillips, independent refiner Tesoro (TSO), Occidental Petroleum (OXY), Newpark Resources (NR) and Noble Energy (NBL).
Friday: Chevron, the second-largest U.S.-based oil company, reports before the open. The earnings estimate is $1.93 a share, up 168% from a year. Revenue is expected to jump 47% to $53.3 billion. James River Coal (JRCC) reports as well.
Also reporting will be two big consumer stocks: homebuilder D.R. Horton (DHI) and Newell Rubbermaid (NWL).
The S&P/Case-Shiller Index, due Tuesday. This measures home-price changes in 20 major markets. It's likely to show more signs that the housing market has bottomed. But not much more.
The final University of Michigan Consumer Sentiment Index for April, due Friday, is expected to hit 71. That would be up from 69.6 in an earlier estimate.
First-quarter gross domestic product, due Friday. Sounds boring, but GDP is how we measure the economy. And this report is likely to end the argument over whether the recovery is real.
About Earnings,
Monday: While Big Oil is the focus of the week, the big report Monday will come from Dow component Caterpillar (CAT). Caterpillar has been boosting guidance, citing the emerging global recovery.
Tuesday: Dow components 3M (MMM) and DuPont (DD) are due in the morning, with Broadcom (BRCM), which makes communications chips, after the close.
Wednesday: Honda reports early in the day. Royal Dutch Shell and Cabot Oil & Gas (COG) are among the energy companies reporting. Outside of energy are several media reports: Comcast (CMCSA) , Meredith (MDP) (publisher of Better Homes & Gardens) and Martha Stewart Living Omnimedia (MSO).
Thursday: This is a huge day with more than 550 companies reporting.
Exxon Mobil reports before the open.Energy companies also reporting include Apache (APA), ConocoPhillips, independent refiner Tesoro (TSO), Occidental Petroleum (OXY), Newpark Resources (NR) and Noble Energy (NBL).
Friday: Chevron, the second-largest U.S.-based oil company, reports before the open. The earnings estimate is $1.93 a share, up 168% from a year. Revenue is expected to jump 47% to $53.3 billion. James River Coal (JRCC) reports as well.
Also reporting will be two big consumer stocks: homebuilder D.R. Horton (DHI) and Newell Rubbermaid (NWL).
Saturday, April 24, 2010
5 stocks seeing insider buying
It's not always true, of course, but it's worth noting. To that end, here are five stocks seeing insider buying right now:
Specifically, Simon Property Group (SPG), Enterprise Products (EPD), CVS Caremark (CVS), DirecTV (DTV) and Dr. Pepper Snapple Group (DPS), have all seen high levels of insider buying lately.
Link In Here,
5 stocks seeing insider buying
Specifically, Simon Property Group (SPG), Enterprise Products (EPD), CVS Caremark (CVS), DirecTV (DTV) and Dr. Pepper Snapple Group (DPS), have all seen high levels of insider buying lately.
Link In Here,
5 stocks seeing insider buying
Next Week: FOMC Takes Center Stage
The Federal Open Market Committee takes center stage in the upcoming week with a two-day monetary policy meeting beginning Tuesday.
Link Article:
Up & Coming: FOMC and GDP Loom Large
Link Article:
Up & Coming: FOMC and GDP Loom Large
Homebuilder stocks on fire
Shares of major U.S. homebuilders rallied Friday.
Hovnanian Enterprises (HOV) led the charge, with shares of the New Jersey-based builder up 10% at midday. Pulte Group (PHM, Fortune 500) and Lennar Corp. (LEN) both gained over 5%, while KB home (KBH) and D.R. Horton (DHI, Fortune 500) both rose about 3%.
But the outlook for the housing sector is mixed, Larson said. Investors will pay close attention to new and existing home sales data going forward to see if the current levels can be sustained, he added.
Click Link For Article,
Homebuilder stocks on fire
Hovnanian Enterprises (HOV) led the charge, with shares of the New Jersey-based builder up 10% at midday. Pulte Group (PHM, Fortune 500) and Lennar Corp. (LEN) both gained over 5%, while KB home (KBH) and D.R. Horton (DHI, Fortune 500) both rose about 3%.
But the outlook for the housing sector is mixed, Larson said. Investors will pay close attention to new and existing home sales data going forward to see if the current levels can be sustained, he added.
Click Link For Article,
Homebuilder stocks on fire
Friday, April 23, 2010
10 stocks to watch in the next week
Link Article : 10 stocks to watch in the next week
| Company | Sector | Friday's close | YTD change | Scouter score |
|---|---|---|---|---|
Telecommunications | $5.28 | 25.0% | 9 | |
Real estate investments | $13.47 | -1.6% | 8 | |
Student loans | $13.34 | 18.4% | 8 | |
Telecommunications | $51.57 | 9.8% | 10 | |
Semiconductors | $22.18 | 6.9% | 10 | |
Media | $16.12 | 17.6% | 10 | |
Railroads | $77.10 | 20.6% | 10 | |
Storage, chips | $6.56 | 9.1% | 9 | |
Fast-food restaurants | $71.15 | 13.9% | 9 | |
Data storage | $20.77 | 14.2% | 9 |
Market Focus 4/23/2010
Stock Market Closing Prices – 4/23/10
Dow ( DJIA ) Close - 11204.28 +69.99
Nasdaq Stock Close – 2530.15 +11.08
S&P 500 Close – 1217.28 +8.61
Commodities Closing Prices – 4/23/10
Gold Close - 1153.10 +10.80
Oil Close – 85.12 +1.39
Natural Gas – 4.26
The Dow closed at 11204.28, stocks climbed again after a strong report on new home sales offset mixed news from earning reports.
Some experts said the market need a pull-back, some investors expecting a pullback in stocks, you are going to have to wait
Oil rose after the housing report, pushing shares of energy and materials stocks higher throughout the day.
Demand for oil and other fuels is strong. Better, profits are strong and likely to stay that way. Crude closed at $85.12 a barrel on Friday, up 7.3% on the year.
Dow ( DJIA ) Close - 11204.28 +69.99
Nasdaq Stock Close – 2530.15 +11.08
S&P 500 Close – 1217.28 +8.61
Commodities Closing Prices – 4/23/10
Gold Close - 1153.10 +10.80
Oil Close – 85.12 +1.39
Natural Gas – 4.26
The Dow closed at 11204.28, stocks climbed again after a strong report on new home sales offset mixed news from earning reports.
Some experts said the market need a pull-back, some investors expecting a pullback in stocks, you are going to have to wait
Oil rose after the housing report, pushing shares of energy and materials stocks higher throughout the day.
Demand for oil and other fuels is strong. Better, profits are strong and likely to stay that way. Crude closed at $85.12 a barrel on Friday, up 7.3% on the year.
The Sales of New Homes Jumped 27% In March
The Commerce Department says Friday that sales of new homes jumped 27 percent in March as buyers takes advantage of tax credit.
Stocks have been mixed in the morning as investors investors tried to balance easing concerns about Greece's debt problems with some mixed earnings reports.
Stocks have been mixed in the morning as investors investors tried to balance easing concerns about Greece's debt problems with some mixed earnings reports.
Thursday, April 22, 2010
Buffett Has "Great Confidence" In Goldman Sachs
Warren Buffett who injectsed $5 billion into Goldman Sachs in 2008, remains
comfortable with his investment after regulators sued the bank for fraud, said
Murphy . ( souce: Bloomberg )
comfortable with his investment after regulators sued the bank for fraud, said
Murphy . ( souce: Bloomberg )
5 Sites to Find Green Coupons
A growing number of sites where consumers can find coupons for green goods, range from CouponSherpa.com, which offers print-at-home organic and natural grocery coupons, to retailers like as Kroger and Safeway.
Check it Out,
Click Here : 5 Sites to Find Green Coupons
Check it Out,
Click Here : 5 Sites to Find Green Coupons
Market Focus 4/22/2010
Stock Market Closing Prices – 4/22/10
Dow ( DJIA ) Close - 11134.29 +9.37
Nasdaq Stock Close – 2519.07 +14.46
S&P 500 Close – 1208.67 +2.74
Commodities Closing Prices – 4/22/10
Gold Close - 1139.10 -3.20
Oil Close – 83.65 -0.05
Natural Gas – 4.12
The stock market down in the morning on Greek debt fears , recovered and closed modestly higher after President Barack Obama's speech on financial reform contained no unpleasant surprises. Prices also got a boost from a jump in sales of existing homes last month.
Stronger corporate earnings have brought an important signal that the economy is recovering. But not all the numbers have been as strong as investors would like.
Amazon predicted second- quarter earnings that missed analysts’ estimates, signaling the online retailer’s profitability may come under pressure as consumers’ tastes shift to digital books and movies. Amazon shares were off 5.9% to $141.69 after hours.
Microsoft reported third-quarter revenue that missed analysts’ most optimistic predictions, Microsoft was down 3.1% to $30.42 after hours.
While Microsoft and Amazon.com shares were struggling, shares of American Express and Capital One were higher on better-than-expected earnings.
American Express, which closed up 1.7% to $46.77 in regular trading, rose an additional 1.5% after hours to $47.50.
Meanwhile, Capital One shares were up 5.6% after hours to $48.10 after rising 1.8% in regular trading to $45.55.
Stock Market April 23, 2010
U.S. durable goods orders for March. 8:30 a.m.
U.S. new home sales for March. 10 a.m.
Honeywell scheduled to report quarterly results. Before market open.
Schlumberger to report quarterly results. Before market open.
Dow ( DJIA ) Close - 11134.29 +9.37
Nasdaq Stock Close – 2519.07 +14.46
S&P 500 Close – 1208.67 +2.74
Commodities Closing Prices – 4/22/10
Gold Close - 1139.10 -3.20
Oil Close – 83.65 -0.05
Natural Gas – 4.12
The stock market down in the morning on Greek debt fears , recovered and closed modestly higher after President Barack Obama's speech on financial reform contained no unpleasant surprises. Prices also got a boost from a jump in sales of existing homes last month.
Stronger corporate earnings have brought an important signal that the economy is recovering. But not all the numbers have been as strong as investors would like.
Amazon predicted second- quarter earnings that missed analysts’ estimates, signaling the online retailer’s profitability may come under pressure as consumers’ tastes shift to digital books and movies. Amazon shares were off 5.9% to $141.69 after hours.
Microsoft reported third-quarter revenue that missed analysts’ most optimistic predictions, Microsoft was down 3.1% to $30.42 after hours.
While Microsoft and Amazon.com shares were struggling, shares of American Express and Capital One were higher on better-than-expected earnings.
American Express, which closed up 1.7% to $46.77 in regular trading, rose an additional 1.5% after hours to $47.50.
Meanwhile, Capital One shares were up 5.6% after hours to $48.10 after rising 1.8% in regular trading to $45.55.
Stock Market April 23, 2010
U.S. durable goods orders for March. 8:30 a.m.
U.S. new home sales for March. 10 a.m.
Honeywell scheduled to report quarterly results. Before market open.
Schlumberger to report quarterly results. Before market open.
Stocks fall on latest concerns about Greek debt
Fears that Greece's fiscal problems are even worse than expected sent global markets lower .
Earnings reports also brought concerns about the economy. Shares of eBay(EBAY) tumbled 8 percent after the online auction house's profit forecast fell short of what analysts had been expecting.
Profits at mobile phone maker Nokia Corp. missed analysts' forecasts. The stock lost about 14 percent. Dow component Verizon (VZ) reported better-than-expected earnings but the stock lost about 2 percent after the company brought in fewer new customers than predicted.
The National Association of Realtors said existing home sales rose to a 5.35 million unit annual rate in March from a 5.01 million unit rate in February.
Earnings reports also brought concerns about the economy. Shares of eBay(EBAY) tumbled 8 percent after the online auction house's profit forecast fell short of what analysts had been expecting.
Profits at mobile phone maker Nokia Corp. missed analysts' forecasts. The stock lost about 14 percent. Dow component Verizon (VZ) reported better-than-expected earnings but the stock lost about 2 percent after the company brought in fewer new customers than predicted.
The National Association of Realtors said existing home sales rose to a 5.35 million unit annual rate in March from a 5.01 million unit rate in February.
Wednesday, April 21, 2010
5 Smart Books: Age of Uncertainty
5 Smart Books: Age of Uncertainty
Shell Games
Rogues, Smugglers and the Hunt for Nature's Bounty
By Craig Welch
HarperCollins, $25.99
Reviewed by: Kelli B. Grant
Get a Life, Not a Job
Do What You Love and Let Your Talents Work for You
By Paula Caligiuri
FT Press; $19.99
Reviewed by: Robert J. Hughes
Infamous
By Ace Atkins
G.P. Putnam & Sons; $25.96
Reviewed by Will Swarts
212
By Alafair Burke
Harper; $24.99
Reviewed by Joan R. Magee
A Murderous Procession
By Ariana Franklin
Putnam; $25.95
Reviewed by Robert J. Hughes
Shell Games
Rogues, Smugglers and the Hunt for Nature's Bounty
By Craig Welch
HarperCollins, $25.99
Reviewed by: Kelli B. Grant
Get a Life, Not a Job
Do What You Love and Let Your Talents Work for You
By Paula Caligiuri
FT Press; $19.99
Reviewed by: Robert J. Hughes
Infamous
By Ace Atkins
G.P. Putnam & Sons; $25.96
Reviewed by Will Swarts
212
By Alafair Burke
Harper; $24.99
Reviewed by Joan R. Magee
A Murderous Procession
By Ariana Franklin
Putnam; $25.95
Reviewed by Robert J. Hughes
Market Focus 4/21/2010
Stock Market Closing Prices – 4/21/10
Dow ( DJIA ) Close - 11124.92 +7.86
Nasdaq Stock Close – 2504.61 +4.30
S&P 500 Close 1205.93 -1.24
Commodities Closing Prices – 4/21/10
Gold Close - 1148.20 +0.00
Oil Close – 83.36 -0.32
Natural Gas – 3.97
The stock market ended flat Wednesday after the glow of strong results at Apple Inc. and a few other companies faded.
Health care stocks lagged on concerns that new health care laws will hurt the industry's profits.
Financial stocks also fell after traders speculated on the fallout from a potential overhaul of government regulations.
The Dow rose about 8 points , the good news on earnings wasn't enough to give the market much of a lift.
Starbucks’ profit beat Wall Street’s expectation. After the close, its shares rose 2.6% to $26.05 from a regular close of $25.39.
EBAY shares were off 8% after hours to $24.19 after forecasting results for the rest of the year that fell short of Wall Street expectations.
Stock Market April 22, 2010
Initial Jobless Claims - 8:30am EST
U.S. existing home sales for March. 10 a.m.
President Obama promotes financial-industry regulations.
PepsiCo to report quarterly results. Before market open.
Amazon.com AMZN -- 4/22 4pm. After market close.
Microsoft MSFT -- 4/22 4pm. After market close.
Dow ( DJIA ) Close - 11124.92 +7.86
Nasdaq Stock Close – 2504.61 +4.30
S&P 500 Close 1205.93 -1.24
Commodities Closing Prices – 4/21/10
Gold Close - 1148.20 +0.00
Oil Close – 83.36 -0.32
Natural Gas – 3.97
The stock market ended flat Wednesday after the glow of strong results at Apple Inc. and a few other companies faded.
Health care stocks lagged on concerns that new health care laws will hurt the industry's profits.
Financial stocks also fell after traders speculated on the fallout from a potential overhaul of government regulations.
The Dow rose about 8 points , the good news on earnings wasn't enough to give the market much of a lift.
Starbucks’ profit beat Wall Street’s expectation. After the close, its shares rose 2.6% to $26.05 from a regular close of $25.39.
EBAY shares were off 8% after hours to $24.19 after forecasting results for the rest of the year that fell short of Wall Street expectations.
Stock Market April 22, 2010
Initial Jobless Claims - 8:30am EST
U.S. existing home sales for March. 10 a.m.
President Obama promotes financial-industry regulations.
PepsiCo to report quarterly results. Before market open.
Amazon.com AMZN -- 4/22 4pm. After market close.
Microsoft MSFT -- 4/22 4pm. After market close.
Stocks seesaw on mixed earnings
Morgan Stanley Profit Beats Wall Street's Estimates on Higher Trading Revenue.
Well Fargo profit beat Wall Street expectations.
AT&T saw its profitability fall 21% this quarter as the company took a $1 billion charge related to the recently-signed healthcare legislation, however the company's overall business remained solid.
Boeing whose profit and revenue dropped amid fewer airplane deliveries.
Well Fargo profit beat Wall Street expectations.
AT&T saw its profitability fall 21% this quarter as the company took a $1 billion charge related to the recently-signed healthcare legislation, however the company's overall business remained solid.
Boeing whose profit and revenue dropped amid fewer airplane deliveries.
Tuesday, April 20, 2010
Casey James Heaven American Idol
Just Watch Casey James Performance on American Idol~But Can't find the Title~
Market Focus 4/20/2010
Stock Market Closing Prices – 4/20/10
Dow ( DJIA ) Close - 11117.06 +25.01
Nasdaq Stock Close – 2500.31 +20.20
S&P 500 Close – 1207.17 +9.65
Commodities Closing Prices – 4/20/10
Gold Close - 1138.60 +0.00
Oil Close – 83.45 +0.00
Natural Gas – 3.97
Dow rose 25.01 points Tuesday after better than expected quarterly report from Goldman Sachs (GS) , IBM and Johnson and Johnson ( JNJ ).
Beverage giant Coca-Coca (KO) lost ground as its revenue missed estimates.
Beyond those reports, the energy sector that played a key role in lifting stocks Tuesday, Crude oil rose $2 to $83.45 per barrel.
After the closing bell, Apple Inc. said its first-quarter profit jumped 90 percent after it sold more of its iPhone smart phones. Shares of Apple rose $14.52, or 5.9 percent, to $259.12 in after-hours trading. It slid $2.48, or 1 percent, to $244.59 in regular trading.
Futures contracts for the technology-heavy Nasdaq 100 index rose 0.6 percent following Apple's report.
Stock Market April 21, 2010
AT&T (T) will report quarterly result , Before the open.
McDonald's (MCD) will release quarterly report, Before the open.
Wells Fargo (WFO) will release quarterly report, Before the open.
Morgan Stanley is slated to release quarterly results. Before market open.
eBay (EBAY)will release quarterly report, After the close.
Starbucks will release quarterly results. After market close.
Dow ( DJIA ) Close - 11117.06 +25.01
Nasdaq Stock Close – 2500.31 +20.20
S&P 500 Close – 1207.17 +9.65
Commodities Closing Prices – 4/20/10
Gold Close - 1138.60 +0.00
Oil Close – 83.45 +0.00
Natural Gas – 3.97
Dow rose 25.01 points Tuesday after better than expected quarterly report from Goldman Sachs (GS) , IBM and Johnson and Johnson ( JNJ ).
Beverage giant Coca-Coca (KO) lost ground as its revenue missed estimates.
Beyond those reports, the energy sector that played a key role in lifting stocks Tuesday, Crude oil rose $2 to $83.45 per barrel.
After the closing bell, Apple Inc. said its first-quarter profit jumped 90 percent after it sold more of its iPhone smart phones. Shares of Apple rose $14.52, or 5.9 percent, to $259.12 in after-hours trading. It slid $2.48, or 1 percent, to $244.59 in regular trading.
Futures contracts for the technology-heavy Nasdaq 100 index rose 0.6 percent following Apple's report.
Stock Market April 21, 2010
AT&T (T) will report quarterly result , Before the open.
McDonald's (MCD) will release quarterly report, Before the open.
Wells Fargo (WFO) will release quarterly report, Before the open.
Morgan Stanley is slated to release quarterly results. Before market open.
eBay (EBAY)will release quarterly report, After the close.
Starbucks will release quarterly results. After market close.
5 solid growth stocks (Jubak's pick)
Click Here: 5 solid growth stocks priced right
China Life Insurance (LFC)
Intel (INTC)
Asml (ASML)
Paccar (PCAR), Cummins (CMI), Donaldson (DCI)
Stanley Black & Decker (SWK)
China Life Insurance (LFC)
Intel (INTC)
Asml (ASML)
Paccar (PCAR), Cummins (CMI), Donaldson (DCI)
Stanley Black & Decker (SWK)
Profit almost doubles at Goldman Sachs
Goldman Sachs reported net income almost doubled in the first quarter and said it didn't mislead investors.The Stock fell despite the results, down $2.44,
to $160.88.
to $160.88.
Monday, April 19, 2010
10 most popular franchises
Do you dream of being a franchise owner?
Click Here: 10 most popular franchises
1. Subway
2. Quiznos
3. The UPS Store
4. Cold Stone Creamery
5. Dairy Queen
6. Dunkin Donuts
7. Super 8 Motel
8. Days Inn
9. Curves for Women
10. Matco Tools
Click Here: 10 most popular franchises
1. Subway
2. Quiznos
3. The UPS Store
4. Cold Stone Creamery
5. Dairy Queen
6. Dunkin Donuts
7. Super 8 Motel
8. Days Inn
9. Curves for Women
10. Matco Tools
Market Focus 4/19/2010
Stock Market Closing Prices – 4/19/10
Dow ( DJIA ) Close -- 11092.05 +73.39
Nasdaq Stock Market Close -- 2480.11 -1.15
S&P 500 Close -- 1197.52 +5.39
Commodities Closing Prices – 4/19/10
Gold Close -- 1137.80 +2.60
Oil Close -- 82.14 +0.69
Natural Gas -- 3.96
Dow rises 73 points Monday after concerns eased about the government's case against Goldman Sachs. A rebound in Goldman helped lift financial shares.
Citigroup wows Wall Street, the stock (C) jumped 7% to $4.88 as it reports its best quarter since 2007.
But IBM results don't impress. After the close, stock (IBM) was lower despite reporting earnings and revenue that beat Street estimates.
Crude oil fell $1.79 to $81.45 per barrel due to Goldman Sachs news as well as the Iceland Volcano.
Stock Market April 20, 2010
Coca-Cola is set to report quarterly results. Before market open.
Goldman Sachs GS -- 4/20 8am. Before market open.
Apple AAPL -- 4/20 4pm. After market close.
Yahoo YHOO -- 4/20 4pm. After market close.
Dow ( DJIA ) Close -- 11092.05 +73.39
Nasdaq Stock Market Close -- 2480.11 -1.15
S&P 500 Close -- 1197.52 +5.39
Commodities Closing Prices – 4/19/10
Gold Close -- 1137.80 +2.60
Oil Close -- 82.14 +0.69
Natural Gas -- 3.96
Dow rises 73 points Monday after concerns eased about the government's case against Goldman Sachs. A rebound in Goldman helped lift financial shares.
Citigroup wows Wall Street, the stock (C) jumped 7% to $4.88 as it reports its best quarter since 2007.
But IBM results don't impress. After the close, stock (IBM) was lower despite reporting earnings and revenue that beat Street estimates.
Crude oil fell $1.79 to $81.45 per barrel due to Goldman Sachs news as well as the Iceland Volcano.
Stock Market April 20, 2010
Coca-Cola is set to report quarterly results. Before market open.
Goldman Sachs GS -- 4/20 8am. Before market open.
Apple AAPL -- 4/20 4pm. After market close.
Yahoo YHOO -- 4/20 4pm. After market close.
Citigroup wows Wall Street
Citigroup said profit more than doubled as the global economic rebound trimmed costs for bad loans, trading revenue better then analysts’ estimates and the value of subprime mortgage bonds increased.
Citi earned 15 cents per share, topping expectations of a break-even quarter. Revenue rose nearly 4% to 25.4 billion, also surpassed Wall Street's estimate of $20.8 billion.
Citi earned 15 cents per share, topping expectations of a break-even quarter. Revenue rose nearly 4% to 25.4 billion, also surpassed Wall Street's estimate of $20.8 billion.
Sunday, April 18, 2010
Wise Old Sayings
Wealth is not his that has it, but his that enjoys it. - Ben Franklin (1706-1790)
We fear what we don't understand. - Aesop (c.620-560 BC)
We learn little from victory, much from defeat. - Japanese (on success and failure)
When one door shuts, another opens. – unknown
Wisdom is to live in the present, plan for the future and profit from the past. – unknown
Without kindness there can be no true joy. - Thomas Carlyle (1795-1881)
Wonder is the beginning of wisdom, - Greek Proverb
Worry often gives a small thing a big shadow. - Swedish (on courage and fear)
Worrying never changed anything. - unknown
We fear what we don't understand. - Aesop (c.620-560 BC)
We learn little from victory, much from defeat. - Japanese (on success and failure)
When one door shuts, another opens. – unknown
Wisdom is to live in the present, plan for the future and profit from the past. – unknown
Without kindness there can be no true joy. - Thomas Carlyle (1795-1881)
Wonder is the beginning of wisdom, - Greek Proverb
Worry often gives a small thing a big shadow. - Swedish (on courage and fear)
Worrying never changed anything. - unknown
Next Week Economic News
Monday: The March index of leading economic indicators (LEI) is due after the start of trading Monday. LEI is expected to have risen 1% after rising 0.1% in the previous month, according to a consensus of economists surveyed by Briefing.com.
Federal Reserve Chairman Ben Bernanke and Fed Governor Elizabeth Duke are both due to speak Monday.
Tuesday: There are no economic reports scheduled for Tuesday.
Wednesday: The government's weekly crude oil inventories report is due in the morning.
Thursday: The Department of Labor is expected to report that the number of Americans filing new claims for unemployment fell to 455,000 last week from 484,000 in the previous week. Continuing claims, a measure of Americans who have been receiving benefits for a week or more, is expected to have fallen to 4,600,000 from 4,639,000 in the previous week.
The National Association of Realtors is expected to report that existing home sales rose to a 5.3 million unit annualized rate from a 5.02 million unit rate in February, according to economists' forecasts.
The FHFA Home Price index for February is expected to have fallen 0.2% after falling 0.6% in January.
The Producer Price Index (PPI) for March is expected to have risen 0.5% after falling 0.6% in February. The so-called core PPI is expected to have risen 0.1% after rising 0.1% in February.
Friday: March durable goods orders are due before the open from the Commerce Department. Orders are expected to have risen 0.2% after rising 0.9% in February. Goods excluding autos are expected to have risen 0.6% after rising 1.4% in February.
The government's new home sales report is due out after the start of trading. Sales are expected to have risen to a 325,000 unit annual rate in March from a 308,000 unit annualized rate in February. February's level was the lowest on record since the government began keeping tallies in 1963 and the fourth straight month of declines.
Federal Reserve Governor Donald Kohn is due to speak Friday.
Federal Reserve Chairman Ben Bernanke and Fed Governor Elizabeth Duke are both due to speak Monday.
Tuesday: There are no economic reports scheduled for Tuesday.
Wednesday: The government's weekly crude oil inventories report is due in the morning.
Thursday: The Department of Labor is expected to report that the number of Americans filing new claims for unemployment fell to 455,000 last week from 484,000 in the previous week. Continuing claims, a measure of Americans who have been receiving benefits for a week or more, is expected to have fallen to 4,600,000 from 4,639,000 in the previous week.
The National Association of Realtors is expected to report that existing home sales rose to a 5.3 million unit annualized rate from a 5.02 million unit rate in February, according to economists' forecasts.
The FHFA Home Price index for February is expected to have fallen 0.2% after falling 0.6% in January.
The Producer Price Index (PPI) for March is expected to have risen 0.5% after falling 0.6% in February. The so-called core PPI is expected to have risen 0.1% after rising 0.1% in February.
Friday: March durable goods orders are due before the open from the Commerce Department. Orders are expected to have risen 0.2% after rising 0.9% in February. Goods excluding autos are expected to have risen 0.6% after rising 1.4% in February.
The government's new home sales report is due out after the start of trading. Sales are expected to have risen to a 325,000 unit annual rate in March from a 308,000 unit annualized rate in February. February's level was the lowest on record since the government began keeping tallies in 1963 and the fourth straight month of declines.
Federal Reserve Governor Donald Kohn is due to speak Friday.
Next Week Quarterly Results
Citigroup (C), IBM, Coach (COH) ,Coca-Cola (KO), Johnson & Johnson (JNJ),
Goldman Sachs (GS), TD Ameritrade (AMTD), UnitedHealth (UNH),
US Bancorp (USB), Apple (AAPL), Juniper Networks (JNPR), Yahoo (YHOO),
AT&T (T), Boeing (BA), EMC, McDonald’s (MCD), Morgan Stanley (MS),
Wells Fargo (WFC), Amgen (AMGN), eBay (EBAY) …
Goldman Sachs (GS), TD Ameritrade (AMTD), UnitedHealth (UNH),
US Bancorp (USB), Apple (AAPL), Juniper Networks (JNPR), Yahoo (YHOO),
AT&T (T), Boeing (BA), EMC, McDonald’s (MCD), Morgan Stanley (MS),
Wells Fargo (WFC), Amgen (AMGN), eBay (EBAY) …
Saturday, April 17, 2010
Iceland Volcano eruption grounds 70% of European flights
Air travelers in Europe face delays and cancelations at least into Saturday because of the huge plume cloud from a volcano in Iceland.
20 most profitable companies
20 most profitable companies
1. Exxon Mobil (XOM)
2. Microsoft (MSFT)
3. Wal-Mart Stores (WMT)
4. Procter & Gamble (PG)
5. International Business Machines (IBM)
6. Goldman Sachs Group (GS)
7. Merck (MRK)
8. AT&T (T)
9. Wells Fargo (WFC)
10. Johnson & Johnson (JNJ)
11. J.P. Morgan Chase & Co. (JPM)
12. General Electric (GE)
13. Bristol-Myers Squibb (BMY)
14. Chevron (CVX)
15. Pfizer (PFE)
16. Berkshire Hathaway (BRK-A)
17. Hewlett-Packard (HPQ)
18. Coca-Cola (KO)
19. Google (GOOG)
20. Liberty Media (LSTZB)
1. Exxon Mobil (XOM)
2. Microsoft (MSFT)
3. Wal-Mart Stores (WMT)
4. Procter & Gamble (PG)
5. International Business Machines (IBM)
6. Goldman Sachs Group (GS)
7. Merck (MRK)
8. AT&T (T)
9. Wells Fargo (WFC)
10. Johnson & Johnson (JNJ)
11. J.P. Morgan Chase & Co. (JPM)
12. General Electric (GE)
13. Bristol-Myers Squibb (BMY)
14. Chevron (CVX)
15. Pfizer (PFE)
16. Berkshire Hathaway (BRK-A)
17. Hewlett-Packard (HPQ)
18. Coca-Cola (KO)
19. Google (GOOG)
20. Liberty Media (LSTZB)
Friday, April 16, 2010
Market Focus 4/16/2010
Stock Market Closing Prices – 4/16/10
Dow Jones Industrial Average ( DJIA ) Close – 11018.66 -125.91
Nasdaq Stock Market Close – 2481.26 -34.43
S&P 500 Close – 1192.13 -19.54
Commodities Closing Prices – 4/16/10
Gold Close - 1136.30 -23.20
Oil Close – 83.24 -2.68
Natural Gas – 4.05
The Dow lost about 125 points, financial shares led the stock market sharply lower Friday after the SEC filed civil fraud charges against Goldman Sachs over its dealings in subprime mortgages. Goldman Sachs (GS) was sued by U.S. regulators for fraud tied to collateralized debt obligations that contributed to the worst financial crisis since the Great Depression.
GE and Bank of America reported healthy results, but their stocks still fell. GE's revenue came up short of expectations, while Bank of America said loan losses remain high.
Google profit fell short of some analysts’ estimates, Google drops nearly 8%.
Dow Jones Industrial Average ( DJIA ) Close – 11018.66 -125.91
Nasdaq Stock Market Close – 2481.26 -34.43
S&P 500 Close – 1192.13 -19.54
Commodities Closing Prices – 4/16/10
Gold Close - 1136.30 -23.20
Oil Close – 83.24 -2.68
Natural Gas – 4.05
The Dow lost about 125 points, financial shares led the stock market sharply lower Friday after the SEC filed civil fraud charges against Goldman Sachs over its dealings in subprime mortgages. Goldman Sachs (GS) was sued by U.S. regulators for fraud tied to collateralized debt obligations that contributed to the worst financial crisis since the Great Depression.
GE and Bank of America reported healthy results, but their stocks still fell. GE's revenue came up short of expectations, while Bank of America said loan losses remain high.
Google profit fell short of some analysts’ estimates, Google drops nearly 8%.
Stocks were struggling in early morning trading
Bank of American beats the street. GE 's profit falls 18% as revenne at energy,technology business declines.
Michigan Consumer Sentiment Index came in below economists' expectations.
Housing starts rise to the highest level in 17 months as builders gain confidence,the Commerce Department reported this morning.
Michigan Consumer Sentiment Index came in below economists' expectations.
Housing starts rise to the highest level in 17 months as builders gain confidence,the Commerce Department reported this morning.
Thursday, April 15, 2010
Charles Schwab Profit Falls 45%
Charles Schwab profit falls 45%,as low interest rates and a trading-revenue decline of nearly one-fifth weighed on results .
Schwab, meeting its own forecast, waived $125 million in fees on its money market funds, cutting into its asset management & administration fees, which dropped by 16% from a year ago. With continued low rates, Schwab has waived those fees so that clients' returns don't turn negative.
Schwab, meeting its own forecast, waived $125 million in fees on its money market funds, cutting into its asset management & administration fees, which dropped by 16% from a year ago. With continued low rates, Schwab has waived those fees so that clients' returns don't turn negative.
Warren Buffett's wise advice for new investors
Stay liquid. "We will never become dependent on the kindness of strangers," he wrote. "We will always arrange our affairs so that any requirements for cash we may conceivably have will be dwarfed by our own liquidity. Moreover, that liquidity will be constantly refreshed by a gusher of earnings from our many and diverse businesses."
Buy when everyone else is selling. "We've put a lot of money to work during the chaos of the last two years. It's been an ideal period for investors: A climate of fear is their best friend. . . . Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble."
Don't buy when everyone else is buying. "Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance," Buffett wrote. The obvious corollary is to be patient. You can only buy when everyone else is selling if you have held your fire when everyone was buying.
Value, value, value. "In the end, what counts in investing is what you pay for a business -- through the purchase of a small piece of it in the stock market -- and what that business earns in the succeeding decade or two."
Understand what you own. "Investors who buy and sell based upon media or analyst commentary are not for us," Buffett wrote.
"We want partners who join us at Berkshire because they wish to make a long-term investment in a business they themselves understand and because it's one that follows policies with which they concur."
Defense beats offense. "Though we have lagged the S&P in some years that were positive for the market, we have consistently done better than the S&P in the 11 years during which it delivered negative results. In other words, our defense has been better than our offense, and that's likely to continue."
All timely wise advice from Mr.Buffett for turbulent times.
Buy when everyone else is selling. "We've put a lot of money to work during the chaos of the last two years. It's been an ideal period for investors: A climate of fear is their best friend. . . . Big opportunities come infrequently. When it's raining gold, reach for a bucket, not a thimble."
Don't buy when everyone else is buying. "Those who invest only when commentators are upbeat end up paying a heavy price for meaningless reassurance," Buffett wrote. The obvious corollary is to be patient. You can only buy when everyone else is selling if you have held your fire when everyone was buying.
Value, value, value. "In the end, what counts in investing is what you pay for a business -- through the purchase of a small piece of it in the stock market -- and what that business earns in the succeeding decade or two."
Understand what you own. "Investors who buy and sell based upon media or analyst commentary are not for us," Buffett wrote.
"We want partners who join us at Berkshire because they wish to make a long-term investment in a business they themselves understand and because it's one that follows policies with which they concur."
Defense beats offense. "Though we have lagged the S&P in some years that were positive for the market, we have consistently done better than the S&P in the 11 years during which it delivered negative results. In other words, our defense has been better than our offense, and that's likely to continue."
All timely wise advice from Mr.Buffett for turbulent times.
Market Focus 4/15/2010
Dow Jones Industrial Average ( DJIA ) Close – 11144.57 +21.46
Nasdaq Stock Market Close – 2515.69 +10.83
S&P 500 Close – 1211.67 +1.02
Commodities Closing Prices – 4/15/10
Gold Close -- 1155.50 -4.20
Oil Close -- 84.85 -0.66
Natural Gas -- 4.01
Stocks up on mixed economic reports today, market gains are modest as weekly jobless claims rise.
UPS pre-announced its first-quarter results, and it was a rosy disclosure ,boosts earnings forecast that raised hopes that the economy is strengthening .
Google reported after the closing bell that its first-quarter profit rose 37 percent but the stock fell 5 percent in electronic trading on concerns the company wasn't holding down costs.
Stock Market 4/16/10
Housing Starts - March 2010 - 8:30am EST
U.S. consumer sentiment data for April released by the University of Michigan. 10 a.m.EST
Bank of America ( BAC ) - 4/16 8am , Before market open
General Electric (GE) - 4/16 8am, Before market open
Nasdaq Stock Market Close – 2515.69 +10.83
S&P 500 Close – 1211.67 +1.02
Commodities Closing Prices – 4/15/10
Gold Close -- 1155.50 -4.20
Oil Close -- 84.85 -0.66
Natural Gas -- 4.01
Stocks up on mixed economic reports today, market gains are modest as weekly jobless claims rise.
UPS pre-announced its first-quarter results, and it was a rosy disclosure ,boosts earnings forecast that raised hopes that the economy is strengthening .
Google reported after the closing bell that its first-quarter profit rose 37 percent but the stock fell 5 percent in electronic trading on concerns the company wasn't holding down costs.
Stock Market 4/16/10
Housing Starts - March 2010 - 8:30am EST
U.S. consumer sentiment data for April released by the University of Michigan. 10 a.m.EST
Bank of America ( BAC ) - 4/16 8am , Before market open
General Electric (GE) - 4/16 8am, Before market open
Goolge report quarterly results
Google's first quarter profit rises 38% that fell short of some analysts’ estimates. The shares fell in late trading.
Wednesday, April 14, 2010
Old Wall Street Sayings
"A stock and a company are not always the same thing."
"Money follows earnings."
"The market indices have correctly predicted nine of the last four recessions."
"After a sharp fall money returns to its rightful owners."
"In the stock market, as in warfare, it is well to keep in mind the difference between strategy and tactics."
"If you are going to panic, panic early."
"The first loss is the best."
"Nothing has a straight line up or down."
"When you rob a whorehouse, take the piano player,too, because no one is entirely innocent."
"Never meet a margin call."
"Sell down to the sleeping point."
"A bullish market is born amid pessimism,grows up under skepticism, matures with optimism and dies with euphoria."
"In times of crisis, always blame the one who isn't in the room."
"If somethings worth doing, it's worth doing for money."
"Have the best hand, the best drew, or get out."
"Don't get mad, get even."
"Buy when there is blood on the street."
"Don't fight the tape."
"When volatility turns higher, it usually does do on the downside."
"Inevitably, compression gives way to dispersion."
"Trends test the line successfully, but eventually they breakthrough."
"The market is always with us."
"Money follows earnings."
"The market indices have correctly predicted nine of the last four recessions."
"After a sharp fall money returns to its rightful owners."
"In the stock market, as in warfare, it is well to keep in mind the difference between strategy and tactics."
"If you are going to panic, panic early."
"The first loss is the best."
"Nothing has a straight line up or down."
"When you rob a whorehouse, take the piano player,too, because no one is entirely innocent."
"Never meet a margin call."
"Sell down to the sleeping point."
"A bullish market is born amid pessimism,grows up under skepticism, matures with optimism and dies with euphoria."
"In times of crisis, always blame the one who isn't in the room."
"If somethings worth doing, it's worth doing for money."
"Have the best hand, the best drew, or get out."
"Don't get mad, get even."
"Buy when there is blood on the street."
"Don't fight the tape."
"When volatility turns higher, it usually does do on the downside."
"Inevitably, compression gives way to dispersion."
"Trends test the line successfully, but eventually they breakthrough."
"The market is always with us."
Market Focus 4/14/10
Stock Market Closing Prices – 4/14/10
Dow Jones Industrial Average ( DJIA ) Close – 11123.11 +103.69
Nasdaq Stock Market Close – 2504.86 +38.87
S&P 500 Close – 1210.65 +13.35
Commodities Closing Prices – 4/14/10
Gold Close - 1159.00 +0.00
Oil Close – 86.10 +0.26
Natural Gas – 4.20
Stocks finish at their best levels since 2008, powered by JPMorgan Chase and Intel beating earning expectations.
The government offered investors more signs the economy is improving. Retail sales rose 1.6 percent in March, the third consecutive month of growth..
The Consumer Price Index, a measure of inflation at the retail level, rose 0.1 percent in March. The Fed has said that inflation isn't a problem. Chairman Bernanke sees a moderate recovery but weak housing and labor markets.
Stock Market 4/15/10
Initial Jobless Claims - Last Week - 8:30am EST
Google report quarterly result.
Dow Jones Industrial Average ( DJIA ) Close – 11123.11 +103.69
Nasdaq Stock Market Close – 2504.86 +38.87
S&P 500 Close – 1210.65 +13.35
Commodities Closing Prices – 4/14/10
Gold Close - 1159.00 +0.00
Oil Close – 86.10 +0.26
Natural Gas – 4.20
Stocks finish at their best levels since 2008, powered by JPMorgan Chase and Intel beating earning expectations.
The government offered investors more signs the economy is improving. Retail sales rose 1.6 percent in March, the third consecutive month of growth..
The Consumer Price Index, a measure of inflation at the retail level, rose 0.1 percent in March. The Fed has said that inflation isn't a problem. Chairman Bernanke sees a moderate recovery but weak housing and labor markets.
Stock Market 4/15/10
Initial Jobless Claims - Last Week - 8:30am EST
Google report quarterly result.
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