Friday, December 17, 2010

DailyMarkets.com - 25 Ominous Signs For The U.S. Economy

DailyMarkets.com - 25 Ominous Signs For The U.S. Economy


25 Ominous Signs For The U.S. Economy

Posted: 17 Dec 2010 03:35 AM PST

The financial collapse that so many of us have been anticipating is seemingly closer then ever.  Over the past several weeks, there have been a host of ominous signs for the U.S. economy.  Yields on U.S. Treasuries have moved up rapidly and Moody’s (NYSE:MCO) is publicly warning that it may have to cut the rating on U.S. government debt soon.  Mortgage rates are also moving up aggressively.  The euro and the U.S. dollar both look incredibly shaky.  Jobs continue to be shipped out of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Stocks To Watch On Friday: Research In Motion, Oracle, Visa, MasterCard, Ford, RBS, Deutsche Bank, Sanofi-Aventis, GlaxoSmithKline, Total

Posted: 17 Dec 2010 02:12 AM PST

UK Banks – Nick Clegg warned Britain's banks last night that the coalition Government will take tough measures if large bonuses continue to be paid out without any increases in lending. (Times)

UK

GlaxoSmithKline (NYSE:GSK) – Co. could shed its consumer products unit next year. (Daily Mail)

RBS (NYSE:RBS) – Co. sells GBP 3.9bln of non-core project finance assets. (Sources)

Aggreko – Co. says Q4 better than anticipated, and sees 2010 pretax up 25% at about GBP 305mln. … [visit site to read more] or compare Best Credit Cards and Best CD Rates


The US Dollar Threads A Needle

Posted: 17 Dec 2010 01:50 AM PST

Pre-holiday cheer is certainly evident in the financial markets. The overwhelming consensus is that the Congressional agreement to not raise taxes while extending hundreds of billions in new stimulus will finally allow the recovery to take hold. The good feelings are underscored by less-than-awful employment reports and modest slowdowns in foreclosures. Another point of optimism is the continued buoyancy of the US dollar, which has weakened over the past few months, but has not … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Aggressive Growth Stock: Tempur-Pedic

Posted: 16 Dec 2010 11:05 PM PST

Tempur-Pedic (NYSE:TPX) analysts have raised their earnings estimates to the highest level in over 5 years. Much of that came on the latest earnings surprise.
Net income is expected to nearly double for this Zacks #1 Rank (Strong Buy), but how are the valuations?
Company Description
Tempur-Pedic makes unique mattresses and pillows out of the company’s proprietary pressure-relieving material. You might remember the commercials with a woman jumping on the bed without spilling a glass of red … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Growth & Income Stock: Tiffany & Co.

Posted: 16 Dec 2010 11:05 PM PST

Tiffany & Co. (NYSE:TIF) is seeing strong momentum heading into the all-important holiday shopping season. The company recently reported excellent third quarter results as same-store sales jumped 7%.
This marked the company’s third consecutive positive earnings surprise, prompting management to raise guidance for the remainder of the year. It looks as though the high-end consumer is spending again.
Third Quarter Results
Tiffany & Co. reported its results for the third quarter of 2010 on … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bear Of The Day: Vulcan Materials Co. (VMC)

Posted: 16 Dec 2010 11:05 PM PST

Despite being the largest producer of construction aggregates and a leading producer of other construction materials, Vulcan Materials (NYSE:VMC) faces intense competition and a challenging environment.
The nearly stalled construction business has yet to show positive signs of recovery, jeopardizing the prospects of the building materials and other related products markets. In the most recent quarter, Vulcan failed to live up to the Zacks Consensus Estimate of $0.19 per share by posting a profit … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Bull Of The Day: Manpower, Inc. (MAN)

Posted: 16 Dec 2010 11:05 PM PST

Manpower Inc.’s (NYSE:MAN) third-quarter 2010 earnings beats the Zacks Consensus Estimate on the heels of revenue growth across all major markets due to increase in demand for temporary labor globally. The company registered revenue growth of 18.7% during the quarter.
Riding on the back of robust results, management now expects fourth-quarter 2010 earnings in the range of $0.54 to $0.62 per share. We believe that Manpower’s brand value, comprehensive range of services and a strong global network … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Momentum Stock: Lululemon Athletica, Inc.

Posted: 16 Dec 2010 11:05 PM PST

Lululemon Athletica, Inc. (NASDAQ:LULU) recently surged to a new all-time high at $73.48 after reporting another awesome quarter that included a 44% earnings surprise. With the company locked into an aggressive growth cycle that continues to crush estimates, this Zacks #1 rank stock offers a serious workout for the momentum investors of the world.
Company Description
Lululemon Athletica, Inc. designs, manufactures and sells athletic apparel for men and woman in the United States, Australia and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Crude Oil Falls As WTI Spreads Widen, Gold Falls Amid Profit-Taking

Posted: 16 Dec 2010 09:11 PM PST

Commodities – Energy
Crude Oil Falls as WTI Spreads Widen
Crude Oil (WTI) – $88.25 // $0.55 // 0.63%
Commentary: Crude oil fell almost $1 to $87.70 despite a day of gains in U.S. equity markets that sent the S&P 500 stock index to a new two-year closing high. Prices remain in a narrow consolidation range between $87 and $90 as recent gains are digested. We aren't anticipating any major pullbacks barring some exogenous downside shock as bullish fundamentals should provide support. While … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Short Squeeze Stock Candidates To Watch On Friday

Posted: 16 Dec 2010 09:10 PM PST

Here are some charts that are setting up nicely. All these are highly shorted stocks with over 20% of the float short, making them prime short squeeze candidates if they manage to cross critical levels. One should always honor stops, but even if you are undisciplined, you must honor your stops while playing highly shorted stocks. They are probably highly shorted for some good reason, but as a short term trader I couldn’t care less about what those reasons might be.
Istar Financial … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Transportation ETF Likely To Keep Rolling

Posted: 16 Dec 2010 08:17 PM PST

Transportation giant FedEx Corp. (NYSE:FDX) recently raised its full-year forecasts despite a drop in profits and an increase in revenues in the second quarter, providing positive price support to the iShares Dow Jones Transportation ETF (IYT).
The Memphis-based company reported strong gains in package shipping internationally and raised its expectations for domestic shipments on expected US GDP growth and positive macroeconomic trends.  The increased revenue that the company witnessed was … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Picked Clean

Posted: 16 Dec 2010 07:10 PM PST

Partisan hacks, ivory tower economists, and sound-bite-seeking journalists like to say that a small number of bad apples is responsible for our current woes. But as I’ve long maintained, there is plenty of blame to go around. The problems in the mortgage market, for example, were as much a fault of greedy and naive homeowners as they were of grasping and corrupt lenders (among many others).
That said, one group which seems to have been given a bit of a free pass lately is comprised of those … [visit site to read more] or compare Best Credit Cards and Best CD Rates


No comments:

Post a Comment