Daily Markets - Stock Up On Gold Miners

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• Stock Up On Gold Miners
• Wealthtrack: Bruce Berkowitz – Emphasis On Financial Stocks
• Rosenberg – What Is A Depression, Anyway?
• With Stock Prices And Bond Yields Falling, Where Do You Find Returns?
• The Week Ahead
• Laugh Out Load: Is This An Economic Recovery?
• Making New Bullets For Policymakers
• Crude Oil Flat Ahead Of Plethora Of Data, Gold Slow But Steady
• Forex Trading: NFP Week Gives Prospects For Trend Reversals In Forex Market
• Bull Of The Day: PACCAR, Inc. (PCAR)
• Growth & Income Stock: Gardner Denver, Inc.
• Bear Of The Day: Valmont Industries, Inc. (VMI)
• Aggressive Growth Stock: Quaker Chemical
• Momentum Stock: Green Mountain Coffee Roasters
• Boom Of The “Gas Age” Set To Precipitate A Collapse In Gas And Petroleum Prices
• Boeing Postpones Delivery Of Dreamliner For The Sixth Time
• Forex Trading: USD/JPY Better Bid
• Singapore Stock Market Update For Monday 30 August
• This Stock Is Set To Rise As Apple’s Sales Increase
• Interesting Viewing

Stock Up On Gold Miners Posted: 30 Aug 2010 03:07 AM PDT Ever since I started my investment career as a mining analyst in 1984, I have taken a keen interest in gold stocks. In particular, I always keep a close eye on the relative strength of the miners versus the metal as stocks often lead bullion. The chart below has been constructed by dividing the MarketVectors Gold Miners ETF (GDX) by the streetTRACKS Gold Trust (GLD). A rising trendline indicates outperformance by gold stocks against bullion, whereas a declining line shows the metal having … [visit site to read more]

Wealthtrack: Bruce Berkowitz – Emphasis On Financial Stocks Posted: 30 Aug 2010 03:03 AM PDT On this week's WealthTrack, Consuelo Mack interviews Bruce Berkowitz, portfolio manager of the Fairholme Fund. Morningstar named him Domestic Stock Fund Manager of the Year in 2009 and its first Domestic Equity Fund Manager of the Decade. Note: The transcript of this interview is not available yet, but will be posted here as soon as it … [visit site to read more]

Rosenberg – What Is A Depression, Anyway? Posted: 30 Aug 2010 03:01 AM PDT The comments below come courtesy of Dave Rosenberg, Chief Economist and Strategist of Gluskin Sheff & Associates. "A depression is a very long recession. Like the one that lasted from Q4 1929 to Q1 1933 that contained no fewer than six positive GDP quarters and even a 50% rally in the equity market in 1930! "You know you're in a depression when interest rates go to zero and there is no revival in credit-sensitive spending. Or when home sales go down to record lows despite record-low … [visit site to read more]

With Stock Prices And Bond Yields Falling, Where Do You Find Returns? Posted: 30 Aug 2010 03:01 AM PDT With bond yields and stock markets in the world’s major developed economies petering away, more people are asking: Where can we find investment returns? Wall Street’s answer: Emerging markets. The long-term growth prospects in emerging markets are certainly attractive. But with the propensity for another round of global economic crisis and the intertwining of economies, the risk associated with those investments is quite high. The economic outlook for major economies has … [visit site to read more]

The Week Ahead Posted: 30 Aug 2010 02:59 AM PDT The video clips below provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead. US: Consumer snapshots Summer ends with economic reports focusing on consumer confidence, spending and sentiment; payrolls and unemployment; and monthly auto sales. Apple is expected to introduce new iPods. Europe: ECB interest-rate decision Carrefour, Vivendi and Pernod Ricard report results. The European Central Bank unveils its … [visit site to read more]

Laugh Out Load: Is This An Economic Recovery? Posted: 30 Aug 2010 02:58 AM PDT … [visit site to read more]

Making New Bullets For Policymakers Posted: 30 Aug 2010 12:08 AM PDT Ben Bernanke's much awaited Jackson Hole speech implicitly showed the constraints that he operates under. In his speech, he outlined the tools available to the Federal Reserve: I will focus here on three that have been part of recent staff analyses and discussion at FOMC meetings: (1) conducting additional purchases of longer-term securities, (2) modifying the Committee’s communication, and (3) reducing the interest paid on excess reserves. I will also comment on a fourth strategy, proposed … [visit site to read more]

Crude Oil Flat Ahead Of Plethora Of Data, Gold Slow But Steady Posted: 29 Aug 2010 11:51 PM PDT Commodities – Energy Crude Oil Flat Ahead of Plethora of Data Crude Oil (WTI) - $75.17 // $0.00 // 0.00% Commentary: Crude oil will attempt to build upon last week's three-day rally that saw the commodity bounce from a low of $70.76 to $75.59. But, as much of that rally can be attributed to oversold conditions, it will be difficult to repeat such performance, especially given that the U.S. economic outlook remains extremely challenging in the near-term. While Fed Chairman Ben Bernanke's … [visit site to read more]

Forex Trading: NFP Week Gives Prospects For Trend Reversals In Forex Market Posted: 29 Aug 2010 11:21 PM PDT NFP Week Gives Prospects for Trend Reversals in Forex Market This week may provide the decision point for the USD. With Non-Farm Payrolls due this Friday, the uncertainty surrounding the American recovery will undoubtedly be made clearer. Today’s report on US personal spending at 12:30 GMT may provide a glimpse into other growth prospects before this week’s more important data releases get published. Economic News USD - USD’s Rise Slowing Prior to NFP Week The rising value of the US dollar … [visit site to read more]

Bull Of The Day: PACCAR, Inc. (PCAR) Posted: 29 Aug 2010 11:05 PM PDT We have upgraded our rating from Neutral to Outperform on PACCAR (NASDAQ:PCAR), a designer and manufacturer of premium light, medium and heavy duty trucks. PACCAR maintains a robust market share, bolstered by strong growth in Mexico and Australia. In addition, its core business in Europe is improving. The company’s profit improved significantly in the second quarter of 2010, based on strong truck sales in North America as well as a rise in Financial Services profits. Furthermore, its cash flow … [visit site to read more]

Growth & Income Stock: Gardner Denver, Inc. Posted: 29 Aug 2010 11:05 PM PDT Gardner Denver, Inc. (NYSE:GDI) is seeing what you’d expect in a global recovery: increased demand. The company is expected to grow earnings by an average of 20% over the next 5 years. Gardner Denver manufactures reciprocating, rotary and vane compressors, liquid ring pumps and blowers for various industrial and transportation applications, pumps used in the petroleum and industrial market segments, and other fluid transfer equipment serving chemical, petroleum, and food industries. Gardner Denver … [visit site to read more]

Bear Of The Day: Valmont Industries, Inc. (VMI) Posted: 29 Aug 2010 11:05 PM PDT We are downgrading Valmont Industries (NYSE:VMI) to Underperform from Neutral and are also reducing our target price to $63.00 from $91.00 due to the company’s muted second quarter 2010 profitability and poor topline growth. Valmont fell short of the Zacks Consensus Estimate by 39 cents. Results were hurt by a subdued performance in the Utility Support Structures and Engineered Support Structures segments, caused by a weak commercial and residential construction market. Soft demand for wireless … [visit site to read more]

Aggressive Growth Stock: Quaker Chemical Posted: 29 Aug 2010 11:05 PM PDT Quaker Chemical (NYSE:KWR) has been hot since being featured as a Zacks Rank Buy in early June. Company Description Quaker Chemical is a chemical company providing services and chemicals for the steel, auto, mining and various other industries. The Philadelphia-based company has over 1,200 employees and a market cap of about $250 million. Another Big Surprise On Jul 28 Quaker Chemical reported second-quarter results, showing a 33% increase in net sales, to $136 million. Earnings per share came in … [visit site to read more]

Momentum Stock: Green Mountain Coffee Roasters Posted: 29 Aug 2010 11:05 PM PDT Green Mountain Coffee Roasters (NASDAQ:GMCR) recently hit a new all-time high of $33.98 on the explosive growth of its home-brewing packets and products. The company has either matched or beaten the Zacks Consensus Estimate in each of the last four quarters. The recent up draft we have seen in shares of GMCR came on the heels of better than expected Q2 results from late July that included a 5.5% earnings surprise. Third-Quarter Results Revenue for the period was up 64% from last year to $190.5 … [visit site to read more]

Boom Of The “Gas Age” Set To Precipitate A Collapse In Gas And Petroleum Prices Posted: 29 Aug 2010 10:01 PM PDT Major new energy issues are about to transform still further the strategic balance of the Horn of Africa and the Red Sea, with foreseeable consequences for the global energy market over the coming decade. Soon-to-be-evident new wealth in the Red Sea/Horn of Africa region will transform the intensity of conflict there, which in turn will affect not only the region, but the world’s most important trading route: the Red Sea/Suez sea line of communication (SLOC). Much of the anticipated … [visit site to read more]

Boeing Postpones Delivery Of Dreamliner For The Sixth Time Posted: 29 Aug 2010 08:01 PM PDT In what seems like a never ending saga, The Boeing Co. (NYSE:BA) postponed delivery of its 787 Dreamliner for the sixth time, promising now to finally hand over the first plane to customers in the middle of the first quarter of 2011. The latest delay came after Rolls-Royce Group PLC told the world’s largest aircraft maker it would be unable to supply an engine needed to complete flight testing, Boeing said in a statement Friday. Rolls said the delay wasn’t related to a 787 engine blowout … [visit site to read more]

Forex Trading: USD/JPY Better Bid Posted: 29 Aug 2010 07:31 PM PDT The Yen has weakened to open the trading week as the Chief Cabinet Secretary Sengoku is indicating that Finance Minister Kan and the BOJ's Shirakawa will meet this afternoon to discuss the state of the economy, after which Kan will decide on a stimulus outline. It seems the market is interpreting this as additional easing is in the pipline, particularly with the strong performance of the Yen recently making things more difficult in Japan. On a 4-hr chart it seems the USD/JPY pair has broken … [visit site to read more]

Singapore Stock Market Update For Monday 30 August Posted: 29 Aug 2010 07:31 PM PDT Morning Highlights Singapore market opens higher after Wall Street closed up on Friday on Federal Reserve’s comments that it was ready to take further steps to support the US economic recovery. Last week, market has been seen consolidating between 2900-2950. We are expecting further consolidation from this point, after which, market will eventually gain momentum on the upside. Nonetheless, please do be mindful of the support at 2900. Till then, our market sentiment remains neutral. Starhub … [visit site to read more]

This Stock Is Set To Rise As Apple’s Sales Increase Posted: 29 Aug 2010 07:01 PM PDT It’s that time of year again as Apple Inc. (NASDAQ:AAPL) prepares to showcase its new iPod models before the end-of-the-year spending spree. The company announced yesterday that it would show off a new iPod Touch with dual cameras before the holiday season. But everyone knows about Apple. And I’m sure most Wall Street firms even own shares of the company. I’m not too interested in Apple’s sales - but I am interested in the effect of Apple’s sales on the performance of a small company I’ve … [visit site to read more]

Interesting Viewing Posted: 29 Aug 2010 06:54 PM PDT A documentary on the financial crisis which premiered in May, Overdose: The Next Financial Crisis, is now posted on YouTube. Based on Swedish writer Johan Norberg's book Financial Fiasco, the film features insights from Peter Schiff, Gerald Celente, and others on the various factors that helped bring about the Great Unraveling, including the Federal Reserve’s disastrous monetary policies, as well as the mistakes that are still being made. Although the material is probably old hat for … [visit site to read more]

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