BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Talk about a low interest rate: U.S. Treasury borrows $44 billion for less than 1%]]>http://www.bloggingstocks.com/2009/11/25/talk-about-a-low-interest-rate-u-s-treasury-borrows-44-billio/http://www.bloggingstocks.com/2009/11/25/talk-about-a-low-interest-rate-u-s-treasury-borrows-44-billio/http://www.bloggingstocks.com/2009/11/25/talk-about-a-low-interest-rate-u-s-treasury-borrows-44-billio/#commentsFiled under: , ,

With more than $23 trillion pumped into the financial system via monetary and fiscal policy in the last 12 months, there's good reason to fear a rise in inflation, particularly if the U.S. Federal Reserve's quantitative easing is not withdrawn in time.

Further, rising inflation accompanied by competition for capital from abroad would invariably lead to rising interest rates in the United States, but so far, higher interest rates have not manifested themselves. One example: The U.S. Treasury this week sold $44 billion in two-year notes for 0.802%, Bloomberg News reported. In other words it borrowed $44 billion for less than 1% -- an astoundingly low rate.

Continue reading Talk about a low interest rate: U.S. Treasury borrows $44 billion for less than 1%

Talk about a low interest rate: U.S. Treasury borrows $44 billion for less than 1% originally appeared on BloggingStocks on Wed, 25 Nov 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>debtfederal reserveFederalReserveus treasuriesUsTreasuriesWed, 25 Nov 2009 18:00:00 EST<![CDATA[Ciena: Recent dip suggests year-end profit-taking]]>http://www.bloggingstocks.com/2009/11/25/ciena-recent-dip-suggests-year-end-profit-taking/http://www.bloggingstocks.com/2009/11/25/ciena-recent-dip-suggests-year-end-profit-taking/http://www.bloggingstocks.com/2009/11/25/ciena-recent-dip-suggests-year-end-profit-taking/#commentsFiled under: ,

Ciena Corp.'s (CIEN) stock has underperformed since the May 19, 2009 Buy recommendation at $11.27, but I'm sticking with the shares. Here's why:

Much of the selling in broadband/bandwith play CIEN's shares has occurred ahead of its December 10 Q4 earnings report, and given that CIEN is likely to post year-over-year improving results despite a loss for the quarter, the selling suggests that some short-term institutional investors (IIs) are taking profits 'ahead of the quarter, ahead of the pack.' Keep in mind that Ciena traded at/near $5 earlier this year.

Continue reading Ciena: Recent dip suggests year-end profit-taking

Ciena: Recent dip suggests year-end profit-taking originally appeared on BloggingStocks on Wed, 25 Nov 2009 15:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Wed, 25 Nov 2009 15:10:00 EST<![CDATA[eBay: Pull-back is buy opportunity]]>http://www.bloggingstocks.com/2009/11/25/ebay-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/25/ebay-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/25/ebay-pull-back-is-buy-opportunity/#commentsFiled under: ,

Look for eBay (EBAY) to more than hold its own this holiday season, which is one major reason I'm reiterating my buy rating for the company, first recommended on May 14, 2009, at a price of $16.84. If you bought EBAY in May, you're up about 40%.

Earlier this year, eBay sold a 70% stake in Skype for about $2.75 billion, enabling the company to focus on core operations at eBay and at PayPal.

Continue reading eBay: Pull-back is buy opportunity

eBay: Pull-back is buy opportunity originally appeared on BloggingStocks on Wed, 25 Nov 2009 13:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>eBayPayPalSkypeWed, 25 Nov 2009 13:50:00 EST<![CDATA[Nuclear power is on the comeback trail]]>http://www.bloggingstocks.com/2009/11/24/nuclear-power-is-on-the-comeback-trail/http://www.bloggingstocks.com/2009/11/24/nuclear-power-is-on-the-comeback-trail/http://www.bloggingstocks.com/2009/11/24/nuclear-power-is-on-the-comeback-trail/#commentsFiled under:

Nuclear power is coming back into style, and perhaps just in time for the climate, and for the United States.

Environmental groups, previously opposed to nuclear power, are starting to support the technology, as it represents the lesser of two evils compared to coal-fired electric power generation plants, The Washington Post reported Wednesday. And the choice is obvious enough: faced with either processing nuclear waste or seeing the atmosphere heat up to irreversible levels, via coal-producing climate change, nuclear technology wins.



Continue reading Nuclear power is on the comeback trail

Nuclear power is on the comeback trail originally appeared on BloggingStocks on Tue, 24 Nov 2009 18:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>climate changeClimateChangecoalfeaturednuclearnuclear powerNuclearPowerTue, 24 Nov 2009 18:30:00 EST<![CDATA[O'Reilly Automotive: A used car maintenance play]]>http://www.bloggingstocks.com/2009/11/24/oreilly-automtotive-a-used-car-maintenance-play/http://www.bloggingstocks.com/2009/11/24/oreilly-automtotive-a-used-car-maintenance-play/http://www.bloggingstocks.com/2009/11/24/oreilly-automtotive-a-used-car-maintenance-play/#commentsFiled under:

The used car trend in the United States isn't ending anytime soon, which is why I'm reiterating my buy rating for auto parts giant O'Reilly Automotive Inc. (ORLY), first recommended on May 18, 2009 at a price of $37.02.

One argument holds that frugal consumers in U.S. will delay getting maintenance done on their used vehicles, due to tight budgets. But that delay can only occur for so long: critical maintenance must be performed, eventually. Further, the U.S. auto fleet's increasing age provides another tailwind for ORLY's sales. The First Call FY2009/FY2010 EPS estimates for ORLY are $2.24 to $2.59.

Continue reading O'Reilly Automotive: A used car maintenance play

O'Reilly Automotive: A used car maintenance play originally appeared on BloggingStocks on Tue, 24 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>automotivecar repairCarRepairoreilly automotiveOreillyAutomotiveTue, 24 Nov 2009 17:00:00 EST<![CDATA[Freeport McMoRan: Back up the truck]]>http://www.bloggingstocks.com/2009/11/24/freeport-mcmoran-back-up-the-truck/http://www.bloggingstocks.com/2009/11/24/freeport-mcmoran-back-up-the-truck/http://www.bloggingstocks.com/2009/11/24/freeport-mcmoran-back-up-the-truck/#commentsEverything's coming up roses with Freeport McMoRan (FCX), to cite a famous song by the late, great Ethel Merman, which is why I'm reiterating my buy rating for the company, first recommended on March 23, 2009 at a price of $41.88.

If you bought FCX in March, you're up an astounding 103%; but if you missed the entry point, don't fret - there's more ahead.

Continue reading Freeport McMoRan: Back up the truck

Freeport McMoRan: Back up the truck originally appeared on BloggingStocks on Tue, 24 Nov 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Tue, 24 Nov 2009 15:20:00 EST<![CDATA[With Lowe's, $20 could be the low stock price for 2010]]>http://www.bloggingstocks.com/2009/11/24/with-lowes-20-could-be-the-low-stock-price-for-2010/http://www.bloggingstocks.com/2009/11/24/with-lowes-20-could-be-the-low-stock-price-for-2010/http://www.bloggingstocks.com/2009/11/24/with-lowes-20-could-be-the-low-stock-price-for-2010/#commentsFiled under: ,

Lowe's (LOW) stock has meandered since the September 16, 2009 Buy rating at $21.60 per share, but I'm nevertheless reiterating my buy rating. Here's why:

Lowe's has now posted three straight less-worse-than-expected quarterly earning performances, and the view from here argues that both home improvement revenue, and more broadly, U.S. home sales (new and existing) have bottomed, providing an adequate tailwind for the stock. Further, any higher-than-expected store traffic in 2010 will be a bonus. The First Call FY2009/FY2010 EPS estimates for LOW are $1.22 to $1.35.

Continue reading With Lowe's, $20 could be the low stock price for 2010

With Lowe's, $20 could be the low stock price for 2010 originally appeared on BloggingStocks on Tue, 24 Nov 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>lowTue, 24 Nov 2009 14:30:00 EST<![CDATA[Anadarko: Well-positioned for the oil/natural gas boom]]>http://www.bloggingstocks.com/2009/11/24/anadarko-well-positioned-for-the-oil-natural-gas-boom/http://www.bloggingstocks.com/2009/11/24/anadarko-well-positioned-for-the-oil-natural-gas-boom/http://www.bloggingstocks.com/2009/11/24/anadarko-well-positioned-for-the-oil-natural-gas-boom/#commentsFiled under: ,

So much for oil plummeting to $30 per barrel on a supply glut. The price of oil, the world's most vital commodity, is currently largely divorced from supply/demand fundamentals, and that's one reason I'm reiterating my buy rating for oil/natural gas company Anadarko Petroleum Corp. (APC), first recommended on May 14, 2009. at a price of $43.55. If you bought APC in May, you're up about 45%.

Look for APC to post a 2% to 4% production increase in FY2009, followed by a 4% to 5% rise in FY2010. Further, institutional investors are looking past this year's likely bottom-line loss, and toward better quarters in FY2010 -- which is a major reason Anadarko's stock is up substantially since May.

Continue reading Anadarko: Well-positioned for the oil/natural gas boom

Anadarko: Well-positioned for the oil/natural gas boom originally appeared on BloggingStocks on Tue, 24 Nov 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AnadarkoAPCoil pricesoil stocksOilPricesOilStocksTue, 24 Nov 2009 11:30:00 EST<![CDATA[TJX: Back up the truck]]>http://www.bloggingstocks.com/2009/11/23/tjx-back-up-the-truck/http://www.bloggingstocks.com/2009/11/23/tjx-back-up-the-truck/http://www.bloggingstocks.com/2009/11/23/tjx-back-up-the-truck/#commentsFiled under:

If you haven't already and you can tolerate moderate risk, now's the time to purchase shares of The TJX Companies (TJX) and I'm reiterating my buy rating, first recommended on June 22, 2009 at a price of $21.48. If you bought TJX in June, you're up about an impressive 80%.

Off-price family apparel and home fashion retailer TJX (operator of the T.J. Maxx, Marshalls and HomeGoods chains) is in the discount retail sweet spot: it's poised to gain market share in the era of the 'frugal consumer.'

Continue reading TJX: Back up the truck

TJX: Back up the truck originally appeared on BloggingStocks on Mon, 23 Nov 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>appareltj maxxTjMaxxMon, 23 Nov 2009 17:30:00 EST<![CDATA[Is dollar destined to dive in 2010?]]>http://www.bloggingstocks.com/2009/11/23/is-dollar-destined-to-dive-in-2010/http://www.bloggingstocks.com/2009/11/23/is-dollar-destined-to-dive-in-2010/http://www.bloggingstocks.com/2009/11/23/is-dollar-destined-to-dive-in-2010/#commentsFiled under: , ,

Is a continued weakening in the dollar in the first half of 2010 a fait accompli? Not so fast.

The median prediction in Bloomberg's survey of as many as 43 strategists shows the dollar gaining against the euro, British pound, yen, Swiss franc, and Swedish krona by September 30, 2010, Bloomberg News reported Monday.

Continue reading Is dollar destined to dive in 2010?

Is dollar destined to dive in 2010? originally appeared on BloggingStocks on Mon, 23 Nov 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>currencydollar strengthDollarStrengthMon, 23 Nov 2009 16:20:00 EST<![CDATA[Entergy: Pull-back is buy opportunity]]>http://www.bloggingstocks.com/2009/11/23/entergy-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/23/entergy-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/23/entergy-pull-back-is-buy-opportunity/#commentsFiled under:

Unlike France, the United States did not build nearly enough nuclear power plants in the last two decades of the 20th century to accommodate its power needs, and it will spend the next two decades playing catch-up, which is why I'm reiterating my buy rating for Entergy Corp. (ETR), first recommended on May 12, 2009, at a price of $74.31.

Entergy, the second largest nuclear power generator in the U.S. (30,000 megawatts) will be a part of that mix, with its regulated utilities likely to register average earnings per share growth of 5% to 7% over the next three years. Meanwhile, the planned spin-off of its non-utility-regulated nuclear business, called Enexus, holds the promise of even stronger revenue and earnings growth. The First Call FY2009/FY2010 EPS estimates for ETR are $6.37 to $6.70.

Continue reading Entergy: Pull-back is buy opportunity

Entergy: Pull-back is buy opportunity originally appeared on BloggingStocks on Mon, 23 Nov 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>energy stocksEnergyStocksETRnuclear energyNuclearEnergyMon, 23 Nov 2009 15:40:00 EST<![CDATA[Nike is in an uptrend]]>http://www.bloggingstocks.com/2009/11/23/nike-is-in-an-uptrend/http://www.bloggingstocks.com/2009/11/23/nike-is-in-an-uptrend/http://www.bloggingstocks.com/2009/11/23/nike-is-in-an-uptrend/#commentsFiled under: ,

After meandering for most of the summer, Nike Inc.'s (NKE) stock has accelerated above its 50-day moving average, and that's one reason I'm Reiterating my Buy rating for the company's shares, first recommended on May 12, 2009 at a price of $50.98. If you bought NKE in May, you're up about 27%.

Look for Nike to record a roughly 7-9% earnings gain in 2010, aided by emerging market sales gains. What's more, the major source of institutional investors's (IIs') concern this summer - U.S. sales - appears to be fading: 2010 U.S. sales will likely drop 2-3%, due to the continued 'frugal consumer' trend - a down year but certainly not a disaster, for NKE, which does about 60% of its business outside the U.S. The First Call FY2010/FY2011 EPS estimates for NKE are $3.65 to $4.01.

Continue reading Nike is in an uptrend

Nike is in an uptrend originally appeared on BloggingStocks on Mon, 23 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>nkeMon, 23 Nov 2009 13:40:00 EST<![CDATA[Dominion Resources: Back up the truck]]>http://www.bloggingstocks.com/2009/11/22/dominion-resources-back-up-the-truck/http://www.bloggingstocks.com/2009/11/22/dominion-resources-back-up-the-truck/http://www.bloggingstocks.com/2009/11/22/dominion-resources-back-up-the-truck/#commentsFiled under:

Rare is the day you should sell an electric power generation play, which is why I'm reiterating my buy rating for Dominion Resources (D), first recommended on May 8, 2009, at a price of $31.87. If you bought Dominion in May, you're up about 16%.

Dominion, a fully integrated natural gas and electric holding company, is on-track to register 2% to 4% revenue growth on higher utility revenue in F2009, but also aided by the completion of the Cove Point liquid natural gas facility. Debt reduction, as well as planned expansion of wind generation and other power projects, adds to the positive story. Dominion's annual dividend is $1.75.

Continue reading Dominion Resources: Back up the truck

Dominion Resources: Back up the truck originally appeared on BloggingStocks on Sun, 22 Nov 2009 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Dominion ResourcesSun, 22 Nov 2009 13:40:00 EST<![CDATA[TransCanada: Pull-back is buy opportunity]]>http://www.bloggingstocks.com/2009/11/21/transcanada-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/21/transcanada-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/21/transcanada-pull-back-is-buy-opportunity/#commentsFiled under:

TransCanada Corp.'s (TRP) shares, first recommended on May 11, 2009, at a price of $26.56, have pulled back, and the dip represents a buy opportunity, which is why I'm reiterating my buy rating for the stock.

TransCanada is natural gas play with promise: it's a natural gas transmission and storage company that also owns oil assets and electric power generation assets (including 19 wholly-owned power plants). A solid $1.45 annual dividend adds to the positive story.

Continue reading TransCanada: Pull-back is buy opportunity

TransCanada: Pull-back is buy opportunity originally appeared on BloggingStocks on Sat, 21 Nov 2009 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>TransCanadaTRPSat, 21 Nov 2009 11:40:00 EST<![CDATA[ECB Trichet's comments show central banks' delicate balancing act]]>http://www.bloggingstocks.com/2009/11/20/ecb-trichets-comments-show-central-banks-delicate-balancing-ac/http://www.bloggingstocks.com/2009/11/20/ecb-trichets-comments-show-central-banks-delicate-balancing-ac/http://www.bloggingstocks.com/2009/11/20/ecb-trichets-comments-show-central-banks-delicate-balancing-ac/#commentsFiled under: , , ,

European Central Bank President Jean-Claude Trichet jolted the markets Friday with the announcement that the ECB will gradually withdraw the emergency cash injections it has added to the financial system, in order to prevent an acceleration in inflation.

"Not all our liquidity measures will be needed to the same extent as in the past," Trichet said at a conference in Frankfurt Friday, Bloomberg News reported. "Any non-standard measure whose continuation would pose a threat to the achievement of price stability must be undone promptly and unequivocally."

Continue reading ECB Trichet's comments show central banks' delicate balancing act

ECB Trichet's comments show central banks' delicate balancing act originally appeared on BloggingStocks on Fri, 20 Nov 2009 17:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>europeeuropean central bankEuropeanCentralBankfrankfurtinflationjean-claude trichetJean-claudeTrichetFri, 20 Nov 2009 17:40:00 EST<![CDATA[Look for ADP to rise with payrolls]]>http://www.bloggingstocks.com/2009/11/20/look-for-adp-to-rise-with-payrolls/http://www.bloggingstocks.com/2009/11/20/look-for-adp-to-rise-with-payrolls/http://www.bloggingstocks.com/2009/11/20/look-for-adp-to-rise-with-payrolls/#commentsFiled under:

If, in fact, jobless claims have peaked, that's good news for payroll services specialist Automatic Data Processing (ADP), and that's one reason I'm reiterating my buy rating for the company's shares, first recommended on June 22, 2009 at a price of $36.84. If you bought ADP in June, you're up about 20%.

Despite the worst recession in more than 25 years - one that has devastated payrolls - ADP has held its own, with its stock price this year recovering about one-half its loss following the drop from its peak in 2007.

Continue reading Look for ADP to rise with payrolls

Look for ADP to rise with payrolls originally appeared on BloggingStocks on Fri, 20 Nov 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Fri, 20 Nov 2009 15:40:00 EST<![CDATA[Tyson Foods: Meandering into the new year]]>http://www.bloggingstocks.com/2009/11/20/tyson-foods-meandering-into-the-new-year/http://www.bloggingstocks.com/2009/11/20/tyson-foods-meandering-into-the-new-year/http://www.bloggingstocks.com/2009/11/20/tyson-foods-meandering-into-the-new-year/#commentsFiled under: ,

Tyson Foods' (TSN) stock has meandered since first recommended on May 11, 2009 at a price of $12.35, but I'm sticking with the stock. Here's why:

First, Tyson has the product diversity to adjust to increasingly demanding, educated U.S. consumers, who may, for example, favor chicken over pork one month, then do an end-run and return to red meat when steak prices drop.

Continue reading Tyson Foods: Meandering into the new year

Tyson Foods: Meandering into the new year originally appeared on BloggingStocks on Fri, 20 Nov 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>tsnTysonFri, 20 Nov 2009 15:20:00 EST<![CDATA[Under the radar: Rising demand for Mexico-built auto engines is another recovery sign]]>http://www.bloggingstocks.com/2009/11/19/under-the-radar-rising-demand-for-mexico-built-auto-engines-is/http://www.bloggingstocks.com/2009/11/19/under-the-radar-rising-demand-for-mexico-built-auto-engines-is/http://www.bloggingstocks.com/2009/11/19/under-the-radar-rising-demand-for-mexico-built-auto-engines-is/#commentsUnder the radar: Some trends are obvious enough and visible to all investors. Others are more-subtle, but are just as potent, and these often slip 'under the radar.'

Case in point: Demand for Mexico-built vehicle engines is rising, helping to pull Mexico's economy out of it's recession, Bloomberg News reported.

The significance for investors? The increased demand for engines made south-of-the-border is being driven by a rebound in U.S. auto sales. Again, the increased sales trend is nothing to write home about -- U.S. automaker new vehicle sales rose in October and are expected to rise in November, as well, according to data compiled by Edmunds.com, Dow Jones reported, but the important dimension is the trend's direction.

Continue reading Under the radar: Rising demand for Mexico-built auto engines is another recovery sign

Under the radar: Rising demand for Mexico-built auto engines is another recovery sign originally appeared on BloggingStocks on Thu, 19 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Thu, 19 Nov 2009 17:00:00 EST<![CDATA[United States on verge of historic Senate debate on health care]]>http://www.bloggingstocks.com/2009/11/19/united-states-on-verge-of-historic-senate-debate-on-health-care/http://www.bloggingstocks.com/2009/11/19/united-states-on-verge-of-historic-senate-debate-on-health-care/http://www.bloggingstocks.com/2009/11/19/united-states-on-verge-of-historic-senate-debate-on-health-care/#commentsFiled under:

Any experienced investor knows that these are not normal times. But they could become truly historic times, if the United States is able to pass universal health care legislation in the the weeks ahead.

Sen. Majority Leader Harry Reid, D-Nevada, has crafted a health care bill that would cut the U.S. budget deficit by about $130 billion over 10 years, while extending coverage to up to 94% of Americans, The Associated Press reported Thursday. The bill's estimate cost is $848 billion.

Continue reading United States on verge of historic Senate debate on health care

United States on verge of historic Senate debate on health care originally appeared on BloggingStocks on Thu, 19 Nov 2009 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Harry ReidHarryReidhealth carehealthcareinthenewsUS SenateUsSenateThu, 19 Nov 2009 16:30:00 EST<![CDATA[Goodyear Tire is undervalued]]>http://www.bloggingstocks.com/2009/11/19/goodyear-tire-is-undervalued/http://www.bloggingstocks.com/2009/11/19/goodyear-tire-is-undervalued/http://www.bloggingstocks.com/2009/11/19/goodyear-tire-is-undervalued/#commentsGoodyear Tire & Rubber Co.'s (GT) stock has meandered of late, but I'm nevertheless reiterating my buy rating for the company, first recommended on May 5, 2009 at a price of $13.30. Here's why.

Institutional investors sold GT after the company reported a 15% reduction in Q3 revenue, and the view from here argues the selling was overdone. Goodyear will benefit from tire demand growth in 2010.

Continue reading Goodyear Tire is undervalued

Goodyear Tire is undervalued originally appeared on BloggingStocks on Thu, 19 Nov 2009 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Thu, 19 Nov 2009 15:30:00 EST