Gold posts
FeedPosted Mar 30th 2011 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Dell (DELL), Gannett Co (GCI), Lennar Corp'A' (LEN), Kohl's Corp (KSS), Analyst Initiations
Analyst Upgrades
- Philip Morris (PM) to conviction buy from buy at Goldman.
- Peet's Coffee (PEET) to neutral from sell at Janney Capital.
- Cephalon (CEPH) to equal weight from underweight at Morgan Stanley.
- StoneMor Partners (STON) to outperform from neutral at RW Baird.
- Tibco (TIBX) to buy from underperform at BofA/Merrill.
- Apollo Group (APOL) to outperform from market perform at BMO Capital.
Continue reading Analyst Calls: APOL, CEPH, DELL, GCI, GOLD, KSS, LEN, PEET, PM ...
Posted Mar 17th 2011 6:00PM by Connie Madon (RSS feed)
Filed under: Major Movement, International Markets, Market Matters, Commodities, Oil, Headline News, Agriculture, DJIA

In many parts of Japan, food products jumped. In some areas residents were told not to leave their homes. That alone is enough to create a fearful and hoarding mentality. Traders on the U.S. commodity exchanges didn't take long to work out how to play this. Pretty much across the board, prices rose.
Here are a few late prices:
- WTI crude was up $3.67 per barrel to $101.67. Brent crude rose $2.10 per barrel to $110.62.
- In the grain market, June wheat futures rose 48-2 cents per bushel to $7.10 per bushel.
- Corn futures were up the 30 cent limit to $6.46 per bushel.
Continue reading Crisis in Japan Creates More Demand for Commodities
Posted Mar 9th 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Earnings Reports, Nokia Corp. (NOK), Oil

U.S. stock futures are slightly higher Wednesday morning after Tuesday's rally. Oil futures dropped to $104.82 a barrel. Futures on the
Dow Jones Industrial Average climbed 27 points to 12,226.00 and futures on the S&P 500 stock index gained 2.40 points to 1,322.50. Nasdaq 100 futures rose 1 point to 2,334.75.
U.S. stocks closed higher, with the blue-chip Dow index surging 1.03% to close at $12,214.38 on Tuesday.
Data on wholesale inventories for January will be released at 10 a.m.
ET.
Shares of Nokia (
NOK) gained about 1.3% in pre-market trading after analysts at Bernstein upgraded the mobile-phone giant from underperform to market perform late Tuesday.
Diamond Foods (
DMND) reported its Q2
earnings at $19.7 million, or 87 cents per share, up from $8.8 million, or 52 cents per share in the year-ago quarter. Excluding one-time items, Diamond's earnings came in at 91 cents per share. The company's revenue increased 40% to $257.6 million. However, analysts had been expecting adjusted earnings of 89 cents per share on revenue of $265.1 million. Diamond lifted its full-year earnings guidance to $2.45 to $2.51 per share, excluding on-time items, from $2.43 to $2.49 per share. However, analysts were projecting full-year earnings of $2.51 per share.
Navistar International (
NAV) reported its Q1 EPS, ex-items, at 16 cents, versus the consensus of 23 cents. NAV reported its Q1 revenue at $2.74 billion, versus the consensus of $2.9 billion.
Continue reading U.S. Stock Futures Up Slightly After Yesterday's Rally
Posted Mar 1st 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, International Markets, Earnings Reports, AutoZone Inc (AZO), Commodities, Oil

U.S. stock futures are higher Tuesday morning as investors await economic data. Futures for the Dow Jones Industrial Average surged 49 points to 12,263.00, while those for the S&P 500 index gained 6.10 points to 1,332.20. Futures for the Nasdaq 100 index climbed 14.25 points to 2,365.00.
The U.S. stock market closed higher on Monday, driven by an upbeat personal income report. The Dow Industrials gained 0.79% and the S&P 500 rose 0.56%.
U.S. ISM manufacturing data for February and construction spending data for January will be released at 10 a.m. ET. Auto sales data for February will also be released on Tuesday.
Continue reading U.S. Stock Futures Up as Investors Await Manufacturing, Construction Data
Posted Feb 26th 2011 10:30AM by Ted Allrich (RSS feed)
Filed under: Comfort Zone Investing

In the 1630's, it was tulips. More specifically, it was Semper Augustus, a tulip of extraordinary beauty; deep, deep blue with a band of white and touches of crimson flares. In its day, it was the must have thing. There was one man who owned the dozen flowers known to exist. He was offered the equivalent of one year's annual income from a wealthy merchant for one bulb. He turned it down.
Tulip prices increased throughout the decade as more speculators got into the game. In 1633, a farmhouse was traded for three rare bulbs. By 1636 any tulip could be sold for extraordinary sums. Futures markets started. Trades were made in fields or taverns, between farmers and merchants. Some bulbs were bought and sold 10 times in a day. One father left his seven children an inheritance of 70 tulips. One sold for the all-time record price of 5,200 guilders.
Then, one day in 1637 everyone decided to stop playing. No buyers showed up at the local tulip auction in Haarlem. Within days, panic started, then spread. Tulips that sold for 5,000 guilders soon went for less than 50. (Source:
Tulipomania by Mike Dash)
Continue reading Comfort Zone Investing: Bubbles Always Burst
Posted Feb 24th 2011 3:30PM by Tom Taulli (RSS feed)
Filed under: Newmont Mining (NEM)
While gold may be in a new bull move, the shares of Newmont Mining (NEM) have been slipping lately. In Thursday morning trading, the stock price was off 2.24% even though the company posted a solid earnings report.
Profits came to $812 million, or $1.61 per share, up from $558 million, or $1.13 per share in the same period a year ago. During this period, revenues increased slightly from $2.52 billion to $2.55 billion.
Continue reading Newmont Falls Despite Earnings Beat
Posted Feb 22nd 2011 10:00AM by Connie Madon (RSS feed)
Filed under: International Markets, Middle East, Commodities, Oil, Headline News
Oil is the life blood of the world economy. The turmoil in Libya and throughout the Middle East is threatening the stability of the entire world. "Oil prices were in the danger zone and could rise further, if turmoil continued in the Middle East," Fatih Birol of the International Energy Agency said, according to Reuters. "Oil prices are a serious risk for the global economic recovery."
As of 8:30 EDT, Brent crude is trading at $106.66 per barrel, up 92 cents. West Texas Intermediate crude jumped $6.29 per barrel to $96.00. Keep in mind that while U.S. markets were closed Monday, oil traded higher across other world markets.
Continue reading Brent, U.S. Crude at 2.5-Year Highs on Mideast Turmoil
Posted Feb 22nd 2011 9:00AM by Paul Foster (RSS feed)
Filed under: Options
SPDR Gold Trust (GLD) closed at $135.41. Middle East violence has resulted in gold rising above $1,407 an ounce. GLD overall option implied volatility of 17 is below its 26-week average of 20, according to Track Data, suggesting decreasing price movement.
Financial Select Sector (XLF) overall volatility at 22; 26-week average is 24.
ISE Sentiment Index-ISEE closed at 114; 10-day moving average is 132.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Feb 21st 2011 10:00AM by Steven Halpern (RSS feed)
Filed under: International Markets, Newsletters, ETF Investing, Commodities, Stocks to Buy
"Gold rises with inflation and in times of crisis, like we have today; and, as a result, many countries are buying gold," says Mary Anne and Pamela Aden.
The long-standing resource sector expert and co-editors of The Aden Forecast explain, "They know it's the ultimate currency and gold is again taking its place in the global monetary system, as it has for thousands of years.
"The actions of the world's central banks tell the story. At the very least, this is going to keep upward pressure on gold in the years ahead.
Continue reading The Aden Sisters on Gold: 'Stay with the Mega-Trend'
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