BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Prechter Forecasts Dow 1,000]]>http://www.bloggingstocks.com/2010/07/07/prechter-forecasts-dow-1-000/http://www.bloggingstocks.com/2010/07/07/prechter-forecasts-dow-1-000/http://www.bloggingstocks.com/2010/07/07/prechter-forecasts-dow-1-000/#commentsFiled under: , , ,

Robert Prechter is best known for his use of the Elliott Wave theory. He rose to prominence in the 80s, especially after he advised clients to exit ahead of the 1987 crash. Today, Prechter foresees the U.S. economy sinking into a deflationary depression with stocks plunging. The Dow Jones Industrial Average may sink to between 1,000 and 3,000.

Prechter uses the Elliott Wave principle to plot market movement in waves. In a traditional bull market Prechter projects a five wave primary bull pattern. In a primary bear market he uses three waves down (ABC). According to his theory, the first leg down was from Dow 14,000 to 6,400 (A). The next wave up was from Dow 6,400 to 11,000 (B). He feels that we are now in wave (C) down. This is the most powerful and vicious wave.

Continue reading Prechter Forecasts Dow 1,000

Prechter Forecasts Dow 1,000 originally appeared on BloggingStocks on Wed, 07 Jul 2010 11:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>djiadow 1000dow jonesfeaturedinthenewsprechterWed, 07 Jul 2010 11:00:00 EST<![CDATA[Early Financial Fireworks Hit the Markets; Will the U.S. Emerge the Leader in the Second Half of Year?]]>http://www.bloggingstocks.com/2010/07/02/early-financial-fireworks-hit-the-markets-will-the-u-s-emerge/http://www.bloggingstocks.com/2010/07/02/early-financial-fireworks-hit-the-markets-will-the-u-s-emerge/http://www.bloggingstocks.com/2010/07/02/early-financial-fireworks-hit-the-markets-will-the-u-s-emerge/#commentsFiled under: , , , , , , , , , , , , , , , , , , , ,

With all the mixed signals driving uncertainty and worry lately, the consensus has been a foggy windshield with no clear direction. We can't even tell if one of the largest bear market rallies in history is fizzling or pausing.

On Wall Street, uncertainty is certainly a buzz killer for the irrationally exuberant. If you need a towel to wipe away the fog, take a look at Your Cheat Sheet to the Psychology of Market Cycles.

While contemplating where we're headed, let's take a look at some data points that indicate the US has the potential to lead the world out of this recession ...


Continue reading Early Financial Fireworks Hit the Markets; Will the U.S. Emerge the Leader in the Second Half of Year?

Early Financial Fireworks Hit the Markets; Will the U.S. Emerge the Leader in the Second Half of Year? originally appeared on BloggingStocks on Fri, 02 Jul 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>4th of julyADBEAmerican flagazobbyBest BuyChiptolecmgCVSDiseasedltrDowdow joneselectric carsfundmentalsgenzgoogGooglehoffman brothersKRLarnocFri, 02 Jul 2010 15:00:00 EST<![CDATA[Dow Jones Jumps 400 Points, Now What?]]>http://www.bloggingstocks.com/2010/05/10/dow-jones-jumps-400-points/http://www.bloggingstocks.com/2010/05/10/dow-jones-jumps-400-points/http://www.bloggingstocks.com/2010/05/10/dow-jones-jumps-400-points/#commentsFiled under: ,

So, Europe has stepped to the plate and agreed to a almost $1 trillion rescue plan to help avert a debt crisis, with the U.S. Federal Reserve pledging to do its part for overseas loans. The move has been cheered on the Street, as the major indices are significantly higher, the Dow Jones leading the way with a more than 400-point gain. This gain makes up a good portion of last week's plunge, which was driven by fears that Greece's debt problems would eventually spread to all of Europe. The fear was that such a scenario would put the future of the euro and the economies of the 16 countries using the currency in economic peril.

Continue reading Dow Jones Jumps 400 Points, Now What?

Dow Jones Jumps 400 Points, Now What? originally appeared on BloggingStocks on Mon, 10 May 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DJIAdow jonesdow jones industrialdow jones industrial averageeuroglobal economyinthenewsMon, 10 May 2010 12:30:00 EST<![CDATA[Dow Jones Falls Below 11,000]]>http://www.bloggingstocks.com/2010/05/04/dow-jones-falls-below-11-000/http://www.bloggingstocks.com/2010/05/04/dow-jones-falls-below-11-000/http://www.bloggingstocks.com/2010/05/04/dow-jones-falls-below-11-000/#commentsFiled under: ,

As soon as the opening bell sounded this morning, the Dow Jones Industrial Average (DJIA) plummeted more than 150 points - effectively ruining yesterday's 143-point gain. In fact, as I write this blog, the Dow fell past a 200-point loss.

Why the drop? Blame it on Greece, as the euro fell against the dollar thanks to worries that the Greek government will not be able to meet the rather stringent guidelines of its aid package. Moreover, the German government is set to provide most of the EU's support, and there is no guarantee that the electorate will back Chancellor Angela Merkel. Add this to the fact that German retail sales dropped more than 2% in March, and we have a full-blown European panic hitting Wall Street.

Continue reading Dow Jones Falls Below 11,000

Dow Jones Falls Below 11,000 originally appeared on BloggingStocks on Tue, 04 May 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Angela MerkelDJIADowDow JonesDow Jones Industrial AverageGermanyGreeceTechnical AnalysisTue, 04 May 2010 12:30:00 EST<![CDATA[3M Company Enjoys a Solid Day]]>http://www.bloggingstocks.com/2010/03/30/3m-company-enjoys-a-solid-day/http://www.bloggingstocks.com/2010/03/30/3m-company-enjoys-a-solid-day/http://www.bloggingstocks.com/2010/03/30/3m-company-enjoys-a-solid-day/#commentsFiled under:

3M Company (MMM) benefited from a comment from brokerage Morgan Stanley. The brokerage house believes that 3M will rally after an optimistic forecast from Danaher (DHR), which operates in many of the same markets as 3M. The broker believes that the stock will enjoy a nice 30-day run thanks to DHR's forecast.

The thing is, if the stock continues the performance it started in early 2009 -- we shouldn't need a brokerage to tell us that the stock will do well during the next 30 days. Shares of 3M have advanced along the double-barreled support of its 10- and 20-month trendlines. The last time the equity finished a week below both of these trendlines was more than a year ago.

Continue reading 3M Company Enjoys a Solid Day

3M Company Enjoys a Solid Day originally appeared on BloggingStocks on Tue, 30 Mar 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3M Companyanalyst commentBlue Chip StocksDanaherDHRDJIADow JonesDow Jones Industrial AverageinthenewsMMMMorgan StanleyTue, 30 Mar 2010 16:40:00 EST<![CDATA[Boeing Upgraded to Outperform]]>http://www.bloggingstocks.com/2010/03/24/boeing-upgraded-to-outperform/http://www.bloggingstocks.com/2010/03/24/boeing-upgraded-to-outperform/http://www.bloggingstocks.com/2010/03/24/boeing-upgraded-to-outperform/#commentsFiled under: ,

Macquarie Securities upgraded Dow component Boeing (BA) to outperform from neutral Wednesday morning. The brokerage based its decision based on the fact that the aerospace company decided to increase production rates for some aircraft as airline traffic improves.

Macquarie cited BA's decision to up the rate on the 777 while keeping the pace on the 737 the reason for the upgrade. The brokerage house believes that these decisions will lead to a "9% increase in aircraft deliveries next year." Macquarie added that it appears that 787 flight testing "remains on track" and that it seems as if the company will land a tanker contract with the Air Force.

Continue reading Boeing Upgraded to Outperform

Boeing Upgraded to Outperform originally appeared on BloggingStocks on Wed, 24 Mar 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>737777Air ForceaircraftBABoeingDow JonesfeaturedinthenewsWed, 24 Mar 2010 10:00:00 EST<![CDATA[Dow Sinks Below 10,000]]>http://www.bloggingstocks.com/2010/02/09/dow-sinks-below-10-000/http://www.bloggingstocks.com/2010/02/09/dow-sinks-below-10-000/http://www.bloggingstocks.com/2010/02/09/dow-sinks-below-10-000/#commentsFiled under: , ,

The Dow Jones Industrial Average sank below 10,000 Monday, closing at 9,908.39. So what? In market analysis, round numbers like 10,000 often trigger a change in market sentiment.

For example, when the Dow first pushed through 10,000 on the upside in 1999, investors and traders took this as a sign of strength. Conversely, when it crashed through 10,000 on its way down to 6,400, panic gripped Wall Street. Then, in 2009, we had a bounce back through 10,000 on the upside in November. Again, investors and traders saw this as a sign of strength.

Continue reading Dow Sinks Below 10,000

Dow Sinks Below 10,000 originally appeared on BloggingStocks on Tue, 09 Feb 2010 07:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>000DJIA 10Dow Jonesinthenewssovereign debtSovereignDebtTue, 09 Feb 2010 07:30:00 EST<![CDATA[Good Year, Bad Decade for Europe]]>http://www.bloggingstocks.com/2010/01/03/good-year-bad-decade-for-europe/http://www.bloggingstocks.com/2010/01/03/good-year-bad-decade-for-europe/http://www.bloggingstocks.com/2010/01/03/good-year-bad-decade-for-europe/#commentsFiled under: , , , ,

Europe is hot, if you don't look too far over your shoulder. The Dow Jones Stoxx 600 Index played well through the stock market recovery of 2009, ticking up 28% (60% from its March 2009 low). This was the index's best annual performance in a decade.

Basic resources and banks gained 100% and 46%, respectively, this year, after having turned in dismal performances the year before. China helped, as well, with its elevated economic growth forecast good for another 0.5% gain during the shortened week of Christmas.

Continue reading Good Year, Bad Decade for Europe

Good Year, Bad Decade for Europe originally appeared on BloggingStocks on Sun, 03 Jan 2010 16:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CAC 40citigroupdaxDow JonesDow Jones STOXX Indexequity marketeuropeftseFTSE 100Goldman SachsGSHong KongIcelandimfInternational Monetary Fundinthenewsnorwayportugalsingaporespainstock marketstock marketsstoxxStructured FinanceswedenSun, 03 Jan 2010 16:50:00 EST<![CDATA[Serious Money: Is gold an investment?]]>http://www.bloggingstocks.com/2009/12/11/serious-money-is-gold-an-investment/http://www.bloggingstocks.com/2009/12/11/serious-money-is-gold-an-investment/http://www.bloggingstocks.com/2009/12/11/serious-money-is-gold-an-investment/#commentsFiled under: , , , , , , ,

The amount of nonsense I come across misleading readers, or simply providing bad advice, makes me cringe. Sometimes our own site presents such information like discussing penny stocks and technical analysis.

In general, I distinguish bad advice, misleading or misguided information from that regarding a stock idea that simply did not pan out, of which I have been guilty too -- all of us have hits and misses. However, a post I read on Seeking Alpha promoting gold, with suggestions of doom by tailoring the data to fit the theory. The author supported his point by back-testing only ten years to a known low water mark.

Continue reading Serious Money: Is gold an investment?

Serious Money: Is gold an investment? originally appeared on BloggingStocks on Fri, 11 Dec 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DJIA vs goldDjiaVsGolddow jonesdow jones industrialDowJonesDowJonesIndustrialfeaturedgoldinflationinflation hedgesinflationfearsInflationHedgesSeeking AlphaSeekingAlphaserious moneySeriousMoneysheldon liberSheldonLiberweak dollarWeakDollarFri, 11 Dec 2009 18:00:00 EST<![CDATA[New Facebook share structure hints at IPO]]>http://www.bloggingstocks.com/2009/11/25/new-facebook-share-structure-hints-at-ipo/http://www.bloggingstocks.com/2009/11/25/new-facebook-share-structure-hints-at-ipo/http://www.bloggingstocks.com/2009/11/25/new-facebook-share-structure-hints-at-ipo/#commentsFiled under: , , ,

Facebook is implementing a new stock structure to make sure the founders retain control, immediately causing rumors about an impending initial public offering. Why would Facebook need Class A and Class B shares otherwise? Under the new structure, which is similar to Google's (GOOG), Mark Zuckerberg and other early entrants wouldn't have to worry about yielding the floor to outsiders when if the company goes public.

The stock structure was adopted to ensure that existing shareholders keep control on voting issues, according to Facebook statement. No details were given as to who the winners are in this arrangement, but a Wall Street Journal report says that, according to its sources, all current shareholders would be converted to Class B shares, which carry 10 times the voting rights of Class A shares.

Continue reading New Facebook share structure hints at IPO

New Facebook share structure hints at IPO originally appeared on BloggingStocks on Wed, 25 Nov 2009 08:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bancroftDow JonesDowJonesfacebookfeaturedgooggoogleipoMark ZuckerbergMarkZuckerbergnew york times co.news corpNewsCorpNewYorkTimesCo.NWSnytplaplayboysocial mediaSocialMediawall street journalWallStreetJournalWed, 25 Nov 2009 08:30:00 EST<![CDATA[Hyatt and Ancestry.com IPOs: Beginners' luck?]]>http://www.bloggingstocks.com/2009/11/06/hyatt-and-ancestry-com-ipos-beginners-luck/http://www.bloggingstocks.com/2009/11/06/hyatt-and-ancestry-com-ipos-beginners-luck/http://www.bloggingstocks.com/2009/11/06/hyatt-and-ancestry-com-ipos-beginners-luck/#commentsFiled under: , , ,

The IPO market has been pretty slow for the past two years due to the effects of a subprime mortgage crisis that turned into a credit crisis that turned into a worldwide financial crisis and recession. Nonetheless, two companies made their debuts Thursday -- one on the NYSE (NYSE: NYX), the other on the NASDAQ -- and they nailed it. Hyatt Hotels (NYSE: H) gave its investors a 12% gain on its first Big Board trading day, and Ancestry.com (NASDAQ: ACOM) switched those digits, jumping 21% in its first day of trading.

Hyatt Hotels overcame two major concerns. The worldwide travel market slump has been tough on hotel companies, and Hyatt has been subject to the same forces as everyone else. Also, investors may have been worried about infighting among the founder's heirs (the Pritzker family), but the double-digit price increase suggests that investors don't foresee Bancroft-style squabbles screwing investors -- or, if you don't like Dow Jones, now a part of News Corp (NASDAQ: NWS), Playboy (NYSE: PLA) makes the same point.

Continue reading Hyatt and Ancestry.com IPOs: Beginners' luck?

Hyatt and Ancestry.com IPOs: Beginners' luck? originally appeared on BloggingStocks on Fri, 06 Nov 2009 09:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>acomaeiancestry.combancroftdow jonesDowJoneshhyattinitial public offeringInitialPublicOfferinginthenewsiponews corpNewsCorpnwsnysenyse euronextNyseEuronextnyxplaplayboypritzkerFri, 06 Nov 2009 09:40:00 EST<![CDATA[Market ends the day lower, but up for the month]]>http://www.bloggingstocks.com/2009/09/30/market-ends-the-day-lower-but-up-for-the-month/http://www.bloggingstocks.com/2009/09/30/market-ends-the-day-lower-but-up-for-the-month/http://www.bloggingstocks.com/2009/09/30/market-ends-the-day-lower-but-up-for-the-month/#commentsFiled under: , , , , , , , ,

stocks post gains in septemberThe market was able to stage a late day rally which erased some of its earlier losses, but still ended the day in the red, with all 3 major indexes closing down on the day.

September is typically not a good month for the market, but even with today's losses this September was positive, as more and more investors have started to believe the economy is coming out of its recession.

Continue reading Market ends the day lower, but up for the month

Market ends the day lower, but up for the month originally appeared on BloggingStocks on Wed, 30 Sep 2009 18:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DJIADow JonesDowJonesGDPNasdaqreboundSPstock marketStockMarketstocksthird quarterThirdQuarterWed, 30 Sep 2009 18:20:00 EST<![CDATA[iPhone app makes stock market rally disappointing]]>http://www.bloggingstocks.com/2009/09/23/iphone-app-makes-stock-market-rally-disappointing/http://www.bloggingstocks.com/2009/09/23/iphone-app-makes-stock-market-rally-disappointing/http://www.bloggingstocks.com/2009/09/23/iphone-app-makes-stock-market-rally-disappointing/#commentsFiled under: , ,

A new stock ticker tool for the Apple (NASDAQ: AAPL) iPhone may not have you hoping for a plunge, but at least it takes the sting out a little bit. This new application pairs strippers with tickers, and as the numbers tick down, items of clothing find their way to the floor. There's a different girl for each of the major indices, providing a bit of spice to international financial markets. So, whether you follow the DAX or the Dow, you won't be the only person losing his shirt when the market tanks.

Doubtless, some have no interest in watching svelte stripping women illustrate their loss of fortune. For this crowd, male strippers are available. Whether you lean toward boys or girls, whatever your sex and orientation, sometimes a helpful hottie is exactly what you need to soothe your spirit.

Continue reading iPhone app makes stock market rally disappointing

iPhone app makes stock market rally disappointing originally appeared on BloggingStocks on Wed, 23 Sep 2009 15:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>aaplappledaxdowdow jonesiphoneiphone applicationsiphone appsricks cabaretstrippersWed, 23 Sep 2009 15:00:00 EST<![CDATA[The DJIA just wouldn't be the same if it wasn't the DJIA]]>http://www.bloggingstocks.com/2009/09/19/the-djia-just-wouldn-t-be-the-same-if-it-wasn-t-the-djia/http://www.bloggingstocks.com/2009/09/19/the-djia-just-wouldn-t-be-the-same-if-it-wasn-t-the-djia/http://www.bloggingstocks.com/2009/09/19/the-djia-just-wouldn-t-be-the-same-if-it-wasn-t-the-djia/#commentsFiled under: , ,

This is the era of "naming rights" and specialized promotions, such as "XYZ Company is the sponsor of tonight's weather forecast," but a name change for the Dow Jones Industrial Average? Please.

The DJIA's name could change if parent News Corp. (NYSE: NWS) follows through and sells its stock-index business, Bloomberg News reported. Goldman Sachs (NYSE: GS) has been hired to evaluate potential deals.

Continue reading The DJIA just wouldn't be the same if it wasn't the DJIA

The DJIA just wouldn't be the same if it wasn't the DJIA originally appeared on BloggingStocks on Sat, 19 Sep 2009 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Charles DowDJIADow JonesGoldman SachsGSinthenewsNews Corp.NWSSat, 19 Sep 2009 11:40:00 EST<![CDATA[U.S. Federal Reserve says that Americans are $2 trillion dollars richer!]]>http://www.bloggingstocks.com/2009/09/18/us-federal-reserve-says-that-americans-are-2-trillion-dollars-r/http://www.bloggingstocks.com/2009/09/18/us-federal-reserve-says-that-americans-are-2-trillion-dollars-r/http://www.bloggingstocks.com/2009/09/18/us-federal-reserve-says-that-americans-are-2-trillion-dollars-r/#commentsFiled under: , , , , ,

The Federal Reserve said that Americans are $2 trillion dollars richer in the second quarter. Where did all this money come from?

You guessed it, the stock market. The value of U.S. stock holdings rose 21.6%

Other factors came into play. Home prices were up 1.8% and that added to your wealth. Americans are also paying off their debt. Household debt shrank by 1.7% in the second quarter.

Continue reading U.S. Federal Reserve says that Americans are $2 trillion dollars richer!

U.S. Federal Reserve says that Americans are $2 trillion dollars richer! originally appeared on BloggingStocks on Fri, 18 Sep 2009 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>dow jonesinthenewsmain streetstock marketFri, 18 Sep 2009 17:00:00 EST<![CDATA[Mixed economic signs push oil prices lower]]>http://www.bloggingstocks.com/2009/06/17/mixed-economic-signs-push-oil-prices-lower/http://www.bloggingstocks.com/2009/06/17/mixed-economic-signs-push-oil-prices-lower/http://www.bloggingstocks.com/2009/06/17/mixed-economic-signs-push-oil-prices-lower/#commentsFiled under: , ,

Oil prices have dropped a bit this morning, challenging support at the $70 level, due mainly to what some call "mixed signals" about the U.S. economy. The black gold has backed off as data pointed to the fact that the U.S. economy is still weak, even if it is emerging from the recession.

On Tuesday, the Federal Reserve announced that industrial production dropped more than expected during May, which has triggered the new weakness in the oil patch. Crude prices have also felt the sting of the market's early week weakness as the Dow Jones Industrial Average has backed off from its recent rally. In addition, the dollar has played an important part in crude prices. A weak dollar leads to higher oil prices as commodities are considered a safe-haven investment against a weak dollar.

Continue reading Mixed economic signs push oil prices lower

Mixed economic signs push oil prices lower originally appeared on BloggingStocks on Wed, 17 Jun 2009 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>crude oilCrudeOilDow JonesDowJoneseconomic crisisEconomicCrisisinthenewsoil inventoriesoil pricesOilInventoriesOilPricesWed, 17 Jun 2009 10:30:00 EST<![CDATA[Citigroup suspends severance pay, battles technical resistance]]>http://www.bloggingstocks.com/2009/06/02/citigroup-suspends-severance-pay-battles-technical-resistance/http://www.bloggingstocks.com/2009/06/02/citigroup-suspends-severance-pay-battles-technical-resistance/http://www.bloggingstocks.com/2009/06/02/citigroup-suspends-severance-pay-battles-technical-resistance/#commentsFiled under: , , ,

Downtrodden Citigroup Inc. (NYSE: C), which received its walking papers from Dow Jones on Monday, has informed five of its former executives that they'll no longer be receiving severance payouts. According to a report today in The Wall Street Journal [subscription required], recently departed executives Kevin Kessinger and Michael Klein will be among those affected by the decision.

Already, Citi has doled out approximately half of the $100 million it pledged to these former execs. The U.S. Treasury hasn't demanded that the severance payments be halted, but sources close to the bailed-out bank say that Citi's top brass "[want] to avoid even the possibility of a public backlash over the money."

Even though it would seem that Citi is finally getting a handle on the concept of money management -- or public relations, at the very least -- investors are hardly cheering. The stock has given up more than 3% today, extending its year-to-date drop of 45%. In fact, the shares are currently in position to finish the session below their 10-day and 20-day moving averages, which would mark the first breach of this double-barreled support since May 1.

Continue reading Citigroup suspends severance pay, battles technical resistance

Citigroup suspends severance pay, battles technical resistance originally appeared on BloggingStocks on Tue, 02 Jun 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CCitigroupDow JonesDowJonesinthenewsKevin KessingerKevinKessingerMichael KleinMichaelKleinoptionsseverance paySeverancePaytechnical analysisTechnicalAnalysisTue, 02 Jun 2009 11:00:00 EST<![CDATA[Caterpillar shares dig lower after its earnings report]]>http://www.bloggingstocks.com/2009/04/21/caterpillar-shares-dig-lower-after-its-earnings-report/http://www.bloggingstocks.com/2009/04/21/caterpillar-shares-dig-lower-after-its-earnings-report/http://www.bloggingstocks.com/2009/04/21/caterpillar-shares-dig-lower-after-its-earnings-report/#commentsFiled under: ,

Dow component Caterpillar (NYSE: CAT) appears to be in for a rough day after reporting a first-quarter loss of 19 cents per share. This was the first quarterly loss for the earth mover since 1992. Moreover, a year ago, CAT earned $1.45 per share in the first quarter.

Excluding charges stemming from CAT's workforce reduction, the quarterly earnings would have totaled 39 cents per share -- far better than expectations. Quarterly sales dropped 22% to $9.22 billion, again topping the consensus estimate for $8.33 billion.

Continue reading Caterpillar shares dig lower after its earnings report

Caterpillar shares dig lower after its earnings report originally appeared on BloggingStocks on Tue, 21 Apr 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>catcaterpillardow jonesdow jones industrialDowJonesDowJonesIndustrialearningsearnings disappointmentearnings forecastEarningsDisappointmentEarningsForecastinthenewslowered forecastLoweredForecastTue, 21 Apr 2009 10:20:00 EST<![CDATA[The life and times of the original Dow Dozen]]>http://www.bloggingstocks.com/2009/03/05/the-life-and-times-of-the-original-dow-dozen/http://www.bloggingstocks.com/2009/03/05/the-life-and-times-of-the-original-dow-dozen/http://www.bloggingstocks.com/2009/03/05/the-life-and-times-of-the-original-dow-dozen/#commentsFiled under: , ,

Earlier this week, something a bit odd happened. With beleaguered General Electric shares (NYSE: GE) retreating sharply, the company's market cap has declined. As of Thursday morning, it's at $70.7 billion, placing it, for example, below Apple Inc. (NASDAQ: AAPL), with a market cap of $81.19 billion. That's right ... the venerable conglomerate, maker of aircraft engines, locomotives, and a host of other products, has been outsized by a personal computer company.

While this development may just be a blip on the radar of a very tumultuous time in the stock market, it signals a changing tide that began decades ago. GE is the last member standing of the original 12 members of the Dow. Founded in 1896, the average represented 12 of the most significant American companies. Here's what has happened to the rest of them:

Continue reading The life and times of the original Dow Dozen

The life and times of the original Dow Dozen originally appeared on BloggingStocks on Thu, 05 Mar 2009 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>appledow jonesdow jones industrial averageDowJonesDowJonesIndustrialAveragegeneral electricGeneralElectricThu, 05 Mar 2009 11:40:00 EST<![CDATA[Sell your marginal stocks and upgrade with DIA - an ETF betting on America]]>http://www.bloggingstocks.com/2008/12/18/sell-your-marginal-stocks-and-upgrade-with-dia-an-etf-betting/http://www.bloggingstocks.com/2008/12/18/sell-your-marginal-stocks-and-upgrade-with-dia-an-etf-betting/http://www.bloggingstocks.com/2008/12/18/sell-your-marginal-stocks-and-upgrade-with-dia-an-etf-betting/#commentsFiled under: , ,

It's never been a good idea to bet against America. And nothing is better than America's diamonds, so you can't help but love the companies that comprise DIAMONDS Trust, Series 1 (NYSE: DIA) exchange-traded fund (ETF). DIA is one of the first ETFs ever created and indexes the Dow Jones Industrial Average. These are the best companies in America -- good, solid producers.

Valuations have been crushed across the board in 2008, and many money managers that I know who have owned more speculative small cap companies, are looking at the stocks in the Dow Jones that are trading at historically low multiples and "trading up" in the quality of their companies. Do you have $10,000 in a few marginal small cap companies? Sell them all and buy DIA -- you might get a safer ride if the market continues to fall, while preserving nearly all of the upside.

During the last 12 months, DIA has paid about $3 of dividends. Based upon an $87 price, this is about a 3.4% yield and you still have all the upside -- remember a few months ago the Dow was at $135.

Examples of the well-known and respected companies in DIA include 3M Company (NYSE: MMM), Boeing Company (NYSE: BA), Johnson & Johnson (NYSE: JNJ), McDonald's Corp. (NYSE: MCD), and Wal-Mart Stores, Inc. (NYSE: WMT) among many other famous brands. These brands are consistent performers and even in times of economic crisis, will probably still draw huge numbers of customers to their products.

Why pay a large cap money manager to stock pick among the Dow Jones? DIA only charges 0.14% to own all the companies through this ETF whereas a traditional money manager would charge you much 1% - 2% to invest in the same companies, thus taking most of your dividend away in fees.

Continue reading Sell your marginal stocks and upgrade with DIA - an ETF betting on America

Sell your marginal stocks and upgrade with DIA - an ETF betting on America originally appeared on BloggingStocks on Thu, 18 Dec 2008 17:00:00 EST. Please see our terms for use of feeds.

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