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[Closing Bell: Red for the Day and Red for the Year (AIG, FIG, TRV, CREE, APA, AVGO)]]>http://www.bloggingstocks.com/2010/08/11/closing-bell-red-for-day-red-for-year-aig-fig-trv-cree-ap/http://www.bloggingstocks.com/2010/08/11/closing-bell-red-for-day-red-for-year-aig-fig-trv-cree-ap/http://www.bloggingstocks.com/2010/08/11/closing-bell-red-for-day-red-for-year-aig-fig-trv-cree-ap/#commentsFiled under: ,

You could blame trade deficit, or the government deficit, which both came out today, either way, this was one of those miserable days spawned overseas with weakness in China and on the heels of a lower economic guidance from the FOMC. Triple-digit DJIA losses never saw any bargain buyers come into the mix. Today's drop in the DJIA also took the index back into the red for the year as the December 31 closing date was at $10,428.05.

Here were the unofficial closing bell levels:

DJIA
S&P500
NASDAQ

Top Analyst Calls

Continue reading Closing Bell: Red for the Day and Red for the Year (AIG, FIG, TRV, CREE, APA, AVGO)

Closing Bell: Red for the Day and Red for the Year (AIG, FIG, TRV, CREE, APA, AVGO) originally appeared on BloggingStocks on Wed, 11 Aug 2010 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGamerican general financeAPAAVGOCREEFortress Investment GroupTRVWed, 11 Aug 2010 16:20:00 EST<![CDATA[Apache Purchasing Some of BP's Assets]]>http://www.bloggingstocks.com/2010/07/21/apache-purchasing-some-of-bps-assets/http://www.bloggingstocks.com/2010/07/21/apache-purchasing-some-of-bps-assets/http://www.bloggingstocks.com/2010/07/21/apache-purchasing-some-of-bps-assets/#commentsFiled under: ,

BP (BP) announced Tuesday that it completed a sale of assets to Apache (APA). The assets sold were in North America and Egypt and carried a price tag of $7 billion. Previous reports indicated Prudhoe Bay was up for sale, but it turned out not to be the case.

According to APA, which has a knack for purchasing older oil wells and squeezing some more money from them, this purchase was a "rare opportunity to acquire legacy positions from a major oil company." The company's CEO, Steven Farris, noted that the company "seldom have an opportunity like this in one o our core areas let along three," adding that Apache will add value to the assets "for decades to come."

Continue reading Apache Purchasing Some of BP's Assets

Apache Purchasing Some of BP's Assets originally appeared on BloggingStocks on Wed, 21 Jul 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaApacheBPinthenewsoiloil assetspurchasesTony HaywardWed, 21 Jul 2010 11:30:00 EST<![CDATA[Energy Favorites: Apache, Schlumberger and others]]>http://www.bloggingstocks.com/2010/07/14/energy-favorites-apache-schlumberger-erf-slb-kmp/http://www.bloggingstocks.com/2010/07/14/energy-favorites-apache-schlumberger-erf-slb-kmp/http://www.bloggingstocks.com/2010/07/14/energy-favorites-apache-schlumberger-erf-slb-kmp/#commentsFiled under: , ,

"There will be short term anomalies in oil prices; but long term, the world's appetite will increase as supply decreases," says resources expert Curtis Hesler.

The editor of The Professional Timing Service explains, "There is an acceleration phase coming in these markets that will be suddenly set off by a surprise incident. The time to invest for that eventuality is during market weakness when fear is the ruling emotion.

"My favorite major is Apache Corp. (APA). The stock is trading under our downside buy price of $95, and there should be some support at $80. If you are going to own a major oil producer, Apache is the one.

Continue reading Energy Favorites: Apache, Schlumberger and others

Energy Favorites: Apache, Schlumberger and others originally appeared on BloggingStocks on Wed, 14 Jul 2010 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapachebgrblackrock Energy and Resources Trustenergy stocksenerpluserffeaturedresource stocksschlumbergerthestockadvisors.comWed, 14 Jul 2010 10:30:00 EST<![CDATA[BP Shares Climb on Reports of Asset Sale; Oil Spill Costs Climb Too]]>http://www.bloggingstocks.com/2010/07/12/bp-shares-climb-on-reports-of-asset-sale-oil-spill-costs-climb/http://www.bloggingstocks.com/2010/07/12/bp-shares-climb-on-reports-of-asset-sale-oil-spill-costs-climb/http://www.bloggingstocks.com/2010/07/12/bp-shares-climb-on-reports-of-asset-sale-oil-spill-costs-climb/#commentsFiled under: , ,

BP (BP) shares opened up over 4%. The Wall Street Journal reported the oil giant is in talks with U.S. oil and gas company Apache (APA) and other companies over potential asset sales. The talks are part of the steps BP is taking as it is considering how to pay for the massive oil spill in the Gulf of Mexico.

The Sunday Times earlier reported that BP is in talks to sell up to $12 billion of assets to Apache. The WSJ said on Sunday a deal with Apache could be up to $10 billion and could include stakes in BP's Alaskan oil fields. The Times also mentioned that the Obama administration told Exxon Mobil (XOM) it wouldn't interfere with a bid.

Continue reading BP Shares Climb on Reports of Asset Sale; Oil Spill Costs Climb Too

BP Shares Climb on Reports of Asset Sale; Oil Spill Costs Climb Too originally appeared on BloggingStocks on Mon, 12 Jul 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapachebpdeepwater horizonExxonfeaturedinthenewsoil spilloil spill cleanup costsXOMMon, 12 Jul 2010 10:00:00 EST<![CDATA[Analyst Calls: ABT, AON, APA, BX, CSIQ, FSLR, GRMN, GXDX, PCLN, RIG, XOM ...]]>http://www.bloggingstocks.com/2010/05/24/analyst-calls-abt-aon-apa-bx-fslr-grmn-pcln-rig-xom/http://www.bloggingstocks.com/2010/05/24/analyst-calls-abt-aon-apa-bx-fslr-grmn-pcln-rig-xom/http://www.bloggingstocks.com/2010/05/24/analyst-calls-abt-aon-apa-bx-fslr-grmn-pcln-rig-xom/#commentsFiled under: , ,

Analyst Upgrades

  • FBR Capital upgraded Transocean (RIG) to outperform from market perform as it believes congressional hearings and reports indicate the company's blowout preventer at the Deepwater Horizon likely worked properly. The firm has an $87 price target for shares.
  • Auriga upgraded First Solar (FSLR) to buy from hold as it believes the recent sell-off in shares as created an attractive entry point. Despite upgrading, the firm lowered its target for shares to $138 from $147.
  • Soleil upgraded Priceline.com (PCLN) to buy from hold, citing a favorable risk-reward profile. Despite the upgrade, the firm lowered its target for shares to $230 from $250.
  • Blackrock (BLK) was upgraded to conviction buy from buy at Goldman.
  • Abbott (ABT) was upgraded to hold from sell at Citigroup.
  • Exxon Mobil (XOM) was upgraded to outperform from sector perform at RBC Capital.

Continue reading Analyst Calls: ABT, AON, APA, BX, CSIQ, FSLR, GRMN, GXDX, PCLN, RIG, XOM ...

Analyst Calls: ABT, AON, APA, BX, CSIQ, FSLR, GRMN, GXDX, PCLN, RIG, XOM ... originally appeared on BloggingStocks on Mon, 24 May 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ABTACFNAMBanalyst upgradesAONAPABlackrockBlackstoneBLKBXCNWCREECSIQdowngradesFSLRGarminGRMNGXDXinitiationsinthenewsPCLNRCRCRIGVMEDXOMMon, 24 May 2010 11:30:00 EST<![CDATA[Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ...]]>http://www.bloggingstocks.com/2010/04/20/analyst-calls-mgm-pot-tivo-zion/http://www.bloggingstocks.com/2010/04/20/analyst-calls-mgm-pot-tivo-zion/http://www.bloggingstocks.com/2010/04/20/analyst-calls-mgm-pot-tivo-zion/#commentsFiled under: , , , ,

Analyst Upgrades

  • Soleil upgraded Potash (POT) to hold from sell due to valuation. The firm maintains a $100 price target for shares.
  • FBR Capital upgraded Arkansas Best (ABFS) to market perform from underperform after the company reached a tentative agreement with the Teamsters to amend its existing contract to include a 15% wage concession. The firm has a $34 price target for shares.
  • Keefe Bruyette upgraded Zions Bancorp (ZION) to market perform from underperform following the company's Q1 results and raised its target for shares to $25 from $17.
  • Apache (APA) was upgraded to outperform from neutral at Macquarie.
  • MGM Mirage (MGM) wasupgraded to conviction buy from buy at Goldman.
  • Monster Worldwide (MWW) was upgraded to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ...

Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ... originally appeared on BloggingStocks on Tue, 20 Apr 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADTNanalyst upgradesAPAApacheCNQRCoinstarCSTRDLLRdowngradesESLHRinitiationsinthenewsMEMGMMonsterMWWPOTPotashSAISAICSCCOTIVOULZIONTue, 20 Apr 2010 11:00:00 EST<![CDATA[Mariner Energy Acquisition Could Help Apache Break Out]]>http://www.bloggingstocks.com/2010/04/19/mariner-energy-acquisition-could-help-apache-break-out/http://www.bloggingstocks.com/2010/04/19/mariner-energy-acquisition-could-help-apache-break-out/http://www.bloggingstocks.com/2010/04/19/mariner-energy-acquisition-could-help-apache-break-out/#commentsFiled under:

Apache Corporation (APA) announced last week that it plans to acquire Mariner Energy Inc. (ME) in a $4 billion transaction. Typically when we see one company announce that it is going to acquire another company, the stock price of the company doing the acquiring goes down in the short term. But in the long term, this acquisition may help Apache's stock price break out.

Apache has been stuck in a consolidation range for a few months now. The stock price keeps bouncing back and forth between a slightly down-trending resistance level and an up-trending support level.

Continue reading Mariner Energy Acquisition Could Help Apache Break Out

Mariner Energy Acquisition Could Help Apache Break Out originally appeared on BloggingStocks on Mon, 19 Apr 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaexplorationinthenewsmariner energymenatural gasMon, 19 Apr 2010 18:00:00 EST<![CDATA[Before the Bell: Futures Lower Ahead of Economic Data]]>http://www.bloggingstocks.com/2010/04/15/before-the-bell-futures-lower-ahead-of-economic-data/http://www.bloggingstocks.com/2010/04/15/before-the-bell-futures-lower-ahead-of-economic-data/http://www.bloggingstocks.com/2010/04/15/before-the-bell-futures-lower-ahead-of-economic-data/#commentsFiled under: , , , , , , , , ,

U.S. stock futures edged lower Thursday morning following Wednesday's rally as investors awaited economic data on employment and manufacturing. Even with UPS's (UPS) surprisingly strong results and outlook, and China's strong economic growth, investors decided it prudent to take a step back following five straight days of gains.

If Wednesday's rally was fueled by strong results from Intel (INTC) and JPMorgan Chase (JPM), Thursday is all about economic data. Already, RealtyTrac reported a record number of U.S. homes foreclosed in the first three months of this year. Foreclosures jumped 35% in the first quarter from a year ago. In addition, households facing foreclosure grew 16% in the same period. This, the report says, is a sign banks are starting to wade through the backlog of troubled home loans at a faster pace.

Continue reading Before the Bell: Futures Lower Ahead of Economic Data

Before the Bell: Futures Lower Ahead of Economic Data originally appeared on BloggingStocks on Thu, 15 Apr 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apameThu, 15 Apr 2010 08:30:00 EST<![CDATA[Analyst Calls: ADSK, UA, NVO, VIA, CRM, APA, STD ...]]>http://www.bloggingstocks.com/2010/02/24/analyst-calls-adsk-ua-nvo-via-crm-apa-std/http://www.bloggingstocks.com/2010/02/24/analyst-calls-adsk-ua-nvo-via-crm-apa-std/http://www.bloggingstocks.com/2010/02/24/analyst-calls-adsk-ua-nvo-via-crm-apa-std/#commentsFiled under: , , , , , ,

Analyst Upgrades

  • RBC Capital upgraded FMC Technologies (FMC) to outperform from sector perform. The firm upgraded shares based on expectations that subsea order flow and backlog will be significantly higher than previous forecasts. The firm has a $70 target on shares.
  • Citigroup upgraded ONEOK Partners LP (OKS) to buy from hold due to valuation and maintains a $65 price target on the stock.
  • Needham upgraded Autodesk (ADSK) to buy from hold following the Q4 report and guidance. The firm has a $31 target on the stock.
  • Morgan Stanley upgraded Under Armour (UA) to equal weight from underweight, citing valuation. The firm raised its target to $27 from $23.
  • EOG Resources (EOG) was upgraded to buy from neutral at Goldman.
  • FPL Group (FPL) was upgraded to outperform from neutral at Credit Suisse.
  • Novo Nordisk (NVO) was upgraded to buy from hold at Jefferies.

Continue reading Analyst Calls: ADSK, UA, NVO, VIA, CRM, APA, STD ...

Analyst Calls: ADSK, UA, NVO, VIA, CRM, APA, STD ... originally appeared on BloggingStocks on Wed, 24 Feb 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adskanalyst upgradesapaaxabpodowngradesfmcfplinitiationsinthenewskndnblnvooksrecnstectexWed, 24 Feb 2010 11:30:00 EST<![CDATA[Analyst Upgrades, Downgrades and Initiations: APA, BKC, CAT, NFLX, KFT, QCOM, ROK ...]]>http://www.bloggingstocks.com/2010/01/28/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2010/01/28/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2010/01/28/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , ,

Analyst Upgrades

  • Jefferies upgraded Netflix (NFLX) to buy from hold and has a $65 target, citing stronger than expected momentum following the Q4 report and guidance. Merriman upgraded Netflix to buy from neutral following the company's better-than-expected Q4 results as it sees upside in shares to the $66 to $75 range. Shares were also upgraded to buy from underperform at BofA/Merrill.
  • Citigroup upgraded Rockwell Automation (ROK) to hold from sell following the company's better-than-expected Q1 results and raised FY10 guidance. Citi raised its target on shares to $52 from $35.
  • Deutsche Bank upgraded Textainer (TGH) to buy from hold to reflect improved container fundamentals and potential fleet growth. The firm keeps a $19 price target on shares.
  • STMicroelectronics (STM) was upgraded to neutral from underweight at Piper Jaffray.
  • Caterpillar (CAT) was upgraded to neutral from sell at UBS.
  • Apache (APA) was upgraded to outperform from market perform at Wells Fargo.

Continue reading Analyst Upgrades, Downgrades and Initiations: APA, BKC, CAT, NFLX, KFT, QCOM, ROK ...

Analyst Upgrades, Downgrades and Initiations: APA, BKC, CAT, NFLX, KFT, QCOM, ROK ... originally appeared on BloggingStocks on Thu, 28 Jan 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesAPABKCCATdowngradesDPSELYEWBCinitiationsinthenewsKEXKFTKraft FoodsNFLXPWERQCOMQualcommRDEAROKSIGASTMSXLTAYCTGHThu, 28 Jan 2010 12:00:00 EST<![CDATA[Cramer on BloggingStocks: Remember the pattern of oil rallies]]>http://www.bloggingstocks.com/2009/12/16/cramer-on-bloggingstocks-remember-the-pattern-of-oil-rallies/http://www.bloggingstocks.com/2009/12/16/cramer-on-bloggingstocks-remember-the-pattern-of-oil-rallies/http://www.bloggingstocks.com/2009/12/16/cramer-on-bloggingstocks-remember-the-pattern-of-oil-rallies/#commentsFiled under: , , , , , , ,

TheStreet.com's Jim Cramer says the stocks like to move higher along well-worn paths.

With the usual suspects rallying -- gold and oil -- it's important to remember how the oil rallies have unfolded in the past. You have to be able to recall the oil pecking order of the petroleum complex ramp.

First to move in the drilling complex is Transocean (RIG) (Cramer's Take), the wildest trader in the group. Then it is National Oilwell Varco (NOV) (Cramer's Take). Forget that both of these are the least affected by the day-to-day price of oil. The market's real stupid on these oil moves, and that's what happens. On the oil side it is Occidental (OXY) (Cramer's Take), which at least is closely correlated and can have a big move throughout the day.

Continue reading Cramer on BloggingStocks: Remember the pattern of oil rallies

Cramer on BloggingStocks: Remember the pattern of oil rallies originally appeared on BloggingStocks on Wed, 16 Dec 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplapaapcfeaturedgoogintcjim cramerJimCramermsftnovoihoxyrigswnWed, 16 Dec 2009 09:30:00 EST<![CDATA[Cramer on BloggingStocks: Obama's pro-coal stance makes Copenhagen a charade ]]>http://www.bloggingstocks.com/2009/12/07/cramer-on-bloggingstocks-obamas-pro-coal-stance-makes-copenhag/http://www.bloggingstocks.com/2009/12/07/cramer-on-bloggingstocks-obamas-pro-coal-stance-makes-copenhag/http://www.bloggingstocks.com/2009/12/07/cramer-on-bloggingstocks-obamas-pro-coal-stance-makes-copenhag/#commentsFiled under: , , , , , , , ,

TheStreet.com's Jim Cramer says the biggest companies can lobby their way to huge profits.

Anyone serious about climate change knows that coal is the worst enemy of the environment. We can have all of the electric cars we want, if they are hooked into a coal-based utility system then the gains are irrelevant. We can also be sure that while all sorts of companies, like the General Electrics (GE) (Cramer's Take) and Cokes (KO) (Cramer's Take) and Nikes (NKE) (Cramer's Take) and Nestles, support climate control, they are not equal to one Southern Company (SO) (Cramer's Take), which is an important coal-burning company and a huge lobbyist for the coal industry.

Our nation has a two-pronged climate philosophy: pushes on conservation and on renewables. Neither is enough to get us through the next 10 years; we can't produce enough renewable energy at a cheap price and we can't caulk our way out of the jam.

Continue reading Cramer on BloggingStocks: Obama's pro-coal stance makes Copenhagen a charade

Cramer on BloggingStocks: Obama's pro-coal stance makes Copenhagen a charade originally appeared on BloggingStocks on Mon, 07 Dec 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapcchkclimate changeClimateChangecoalcopenhagendvnenergyenvironmenteqtfeaturedgejim cramerJimCramerkonkeobamarrcsoxtoMon, 07 Dec 2009 10:00:00 EST<![CDATA[Cramer on BloggingStocks: Recognize the ludicrous pattern]]>http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says if the market made sense, you could buy retail and restaurants off the lower oil price.

Here's the pattern: We get shelled by oil. It drops to $76 or $77, all energy goes down, and it takes everything else with it. Some of tech has been spared lately because of 3Com (COMS) (Cramer's Take).

Then, in the following couple of days, oil stabilizes (but not after it hurts the oils again), rallies, and everything goes with it.

That's what's been occurring. I don't know why it's any different. In this moment in time, it's often best to buy the most hammered natural gas stocks because they come back fast. The best value is Devon (DVN) (Cramer's Take), but it simply isn't down enough. Apache (APA) (Cramer's Take) would make sense below $60, which is still a ways from here.

Continue reading Cramer on BloggingStocks: Recognize the ludicrous pattern

Cramer on BloggingStocks: Recognize the ludicrous pattern originally appeared on BloggingStocks on Fri, 13 Nov 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3ComAPAApacheBPCOMSDevonDVNfeaturedJim CrameroilWeatherfordWFTFri, 13 Nov 2009 10:40:00 EST<![CDATA[Technical trade #1: Apache Corp. (APA)]]>http://www.bloggingstocks.com/2009/10/10/technical-trade-1-apache-corp-apa/http://www.bloggingstocks.com/2009/10/10/technical-trade-1-apache-corp-apa/http://www.bloggingstocks.com/2009/10/10/technical-trade-1-apache-corp-apa/#commentsFiled under: ,

apache technical analysisThe U.S. dollar continues to show weakness, and oil will likely continue to be a good hedge against its further deterioration.

Apache Corp. (NYSE: APA), which is a large oil and natural gas exploration and production company, should continue to benefit from the dollar's fall.

APA fell from almost $150 in May 2008, to $51 in March. Energy prices improved, and so did this stock as it built a base on a double cup-and-handle formation.

Continue reading Technical trade #1: Apache Corp. (APA)

Technical trade #1: Apache Corp. (APA) originally appeared on BloggingStocks on Sat, 10 Oct 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapachesam collinsstocks to buytechnical analysistechnical tradesSat, 10 Oct 2009 11:00:00 EST<![CDATA[Six technical trades targeted for big profits]]>http://www.bloggingstocks.com/2009/10/10/six-technical-trades-targeted-for-big-profits/http://www.bloggingstocks.com/2009/10/10/six-technical-trades-targeted-for-big-profits/http://www.bloggingstocks.com/2009/10/10/six-technical-trades-targeted-for-big-profits/#commentsFiled under: , , ,

technical tradesWhen selecting which stocks to buy, ratings from agencies like Standard & Poor's can be useful in creating a balanced portfolio.

But did you know technical analysis is the most accurate way to predict where a stock -- or the market for that matter -- is going?

Technical analysis is more of an art than a science, but when used correctly it can boost your profits to new heights. I took a look at stocks that S&P has a four- or five-star rating on and analyzed their charts to come up with six great technical trades for you.

Continue reading Six technical trades targeted for big profits

Six technical trades targeted for big profits originally appeared on BloggingStocks on Sat, 10 Oct 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapacheattavnetavtbacbank of americadltrdollar treefeaturedsam collinsspdr homebuilders etfstocks to buytechnical analysistechnical tradesxhbSat, 10 Oct 2009 09:00:00 EST<![CDATA[Cramer on BloggingStocks: You can't afford to be certain ]]>http://www.bloggingstocks.com/2009/07/31/cramer-on-bloggingstocks-you-cant-afford-to-be-certain/http://www.bloggingstocks.com/2009/07/31/cramer-on-bloggingstocks-you-cant-afford-to-be-certain/http://www.bloggingstocks.com/2009/07/31/cramer-on-bloggingstocks-you-cant-afford-to-be-certain/#commentsFiled under: , , , , , , , , , , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says if you wait for market conditions to reach perfection, you'll be waiting a long time.

You know what? I am going to wait until I am sure housing has turned before I buy the homebuilders like Lennar (NYSE: LEN) (Cramer's Take) and Pulte (NYSE: PHM) (Cramer's Take). I am going to wait until the foreclosures peak before I buy Bank of America (NYSE: BAC) (Cramer's Take) and Wells Fargo (NYSE: WFC) (Cramer's Take).

I am going to wait until unemployment goes down before I buy 3M (NYSE: MMM) (Cramer's Take) and Disney (NYSE: DIS) (Cramer's Take) and IBM (NYSE: IBM) (Cramer's Take) and Caterpillar (NYSE: CAT) (Cramer's Take).

Continue reading Cramer on BloggingStocks: You can't afford to be certain

Cramer on BloggingStocks: You can't afford to be certain originally appeared on BloggingStocks on Fri, 31 Jul 2009 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplapaapcbacbbbybbyccatdisdvnesrxffdxfeaturedhighpqibmjim cramerjnjjpmlenlncmhsmmmnscphmrigslbtunpupsvzwfcFri, 31 Jul 2009 10:00:00 EST<![CDATA[Apache (APA) keeps moving higher]]>http://www.bloggingstocks.com/2009/03/16/apache-apa-keeps-moving-higher/http://www.bloggingstocks.com/2009/03/16/apache-apa-keeps-moving-higher/http://www.bloggingstocks.com/2009/03/16/apache-apa-keeps-moving-higher/#commentsFiled under: ,

This post was written by Minyanville contributor Steve Smith.

Someone seems to think shares of Apache (NYSE: APA) could go on the bullish war path. Even after the stock moved up some 18%, from $52 to$61 last week, investors are still after the energy producer.

This morning saw a big slug of the April $70 calls purchased. The notable transaction was 2,000 contracts trading at $1.15 which was the offer price at that point. The stock has continued higher and those calls are now fetching $1.55 a contract.

Continue reading Apache (APA) keeps moving higher

Apache (APA) keeps moving higher originally appeared on BloggingStocks on Mon, 16 Mar 2009 14:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>apabhichkminyanvilleMon, 16 Mar 2009 14:45:00 EST<![CDATA[The week in preview: A glimmer at the end of the tunnel?]]>http://www.bloggingstocks.com/2009/02/15/the-week-in-preview-a-glimmer-at-the-end-of-the-tunnel/http://www.bloggingstocks.com/2009/02/15/the-week-in-preview-a-glimmer-at-the-end-of-the-tunnel/http://www.bloggingstocks.com/2009/02/15/the-week-in-preview-a-glimmer-at-the-end-of-the-tunnel/#commentsFiled under: , , ,

Among all the negative economic data that came out last week was a positive surprise: retail sales were higher in January. A fluke or a glimmer at the end of the tunnel? That may depend on whether we see any positive surprises arising from items on this week's economic calendar:

Continue reading The week in preview: A glimmer at the end of the tunnel?

The week in preview: A glimmer at the end of the tunnel? originally appeared on BloggingStocks on Sun, 15 Feb 2009 12:30:00 EST. Please see our terms for use of feeds.

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While other earnings may have disappointed last week, the news was good for oil giant ConocoPhilips (NYSE: COP). In what some took as a good sign for big oil, the Houston-based company reported that third quarter net income surged 41% year over year to $3.39 per share, and that revenue also surged 52% to $70 billion. We'll see whether the good news extends to other petroleum giants scheduled to report quarterly results this week.

Analysts surveyed by Thomson Financial are looking for BP (NYSE: BP) profits to have grown 43.2% in the most recent quarter to $2.34 per share on revenue of $109.7 billion, and Chevron Corp. (NYSE: CVX) to post earnings up 39.4% to $3.25 per share on revenue of $86.8 billion. Marathon Oil Corp. (NYSE: MRO), ExxonMobil Corp. (NYSE: XOM), and Royal Dutch Shell (NYSE: RDS.A) likewise are expected to report higher net income of $2.33 per share (sales of $23.4 billion), $2.40 per share (sales of $131.4 billion), and $2.65 per share, respectively. Even Valero Energy Corp. (NYSE: VLO) is expected to post earnings slightly higher to $1.46 per share (sales of $36.4 billion), despite the effects of Hurricane Ike. Among these companies, only BP and Valero beat earnings expectations in the previous quarter. Not surprisingly, analysts on average recommend buying all except Valero, and shares of all of these companies have recently hit 52-week lows.

Continue reading The week in preview: Focus on oil and energy

The week in preview: Focus on oil and energy originally appeared on BloggingStocks on Sun, 26 Oct 2008 12:30:00 EST. Please see our terms for use of feeds.

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By Michael Vodicka, Zack's Investment Research.

In spite of the recent selloff in the energy sector, most of these stocks are still trading with big gains on the year. This stands in sharp contrast to stocks from the financial sector, which have suffered steep losses as big banks have been forced to liquidate assets and raise capital to support their balance sheets.

Because these two groups of stocks have functioned as polar opposites during this stretch, it has provoked many conversations about which is currently the more attractive investment destination; high-flying energy stocks or beaten down financial stocks.

Its All About Earnings

When you take a look at the earnings picture, this argument becomes very one-sided.

Crude prices have recently dipped lower, but they are still very high when compared to historical norms, and this will translate into big earnings for energy companies. We can see this dynamic expressed through analyst estimates.

Encore Acquisition Co. (NYSE: EAC) shares are still trading up sharply on the year in spite of the stocks recent sell off, but estimates have risen in tandem with the stock price, with the current-year estimate advancing to $5.07 per share per share from $3.63 per share 90 days ago. This kind of earnings power provides plenty of fundamental strength for more share appreciation.

Continue reading Energy stocks vs. financial stocks

Energy stocks vs. financial stocks originally appeared on BloggingStocks on Tue, 19 Aug 2008 16:47:00 EST. Please see our terms for use of feeds.

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