Daily Markets - Lessons On Trade And Manufacturing From Chile
Daily Markets - Lessons On Trade And Manufacturing From Chile |
| Lessons On Trade And Manufacturing From Chile Posted: 29 Aug 2010 06:33 AM PDT 1. WEST CHESTER, PA — “With the world captivated by the plight of 33 Chilean miners trapped in a mine more than 2,300 feet below the surface, a local manufacturer of drill rigs is involved in the rescue effort. Schramm Inc. is a major manufacturer of drill rigs and the manufacturer of the particular rig — the T685 — that reached the trapped miners a few days ago. There are 40-plus Schramm drill rigs in Chile right now, said Edward Breiner, president and CEO of Schramm, in an … [visit site to read more]
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| Stock Picks For Monday 30 August: Apple, Motorola, Ciena, Generex Biotechnology Posted: 29 Aug 2010 06:26 AM PDT ( click to enlarge ) From a technical standpoint this is still a good time to buy Apple (NASDAQ:AAPL) in short-term as %K line has just crossed on top over %D line. Nevertheless the short term trend is still weak as the stock has been trading below 50 day and 20 day MA with 50 day MA now going downward showing bearish signal. Immediate resistance is at 242.61 (yesterday’s high). A break above that area could trigger further upside recovery testing 252.18. Watch AAPL on Monday. ( … [visit site to read more]
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