DailyMarkets.com - Value Investors Don’t Buy Gold
DailyMarkets.com - Value Investors Don’t Buy Gold |
- Value Investors Don’t Buy Gold
- Guest Post: Set The Bar High
- Another Year, Another Recall For Toyota
- Lowe’s To Cut Jobs
- The Day Ahead: Earnings, Euro-zone Consumer Confidence, US Jobless Claims, Durable Goods, Pending Home Sales
- Trade Ideas For Thursday, January 27
- CA Performs Well
- TiVo Inks Charter Deal
- Ball Corp. Realigns Production
- Hess Fails To Meet Our Expectation
- Legg Mason Outshines Estimate
- Norfolk Misses, Outlook Bright
- Plum Creek Earnings Preview
- Tuesday Buys: CDY @ $1.80 And DNN @ $3.31
- Quick Daily Glance At Flag And Support Levels In Netflix NFLX
- Toyota Recalls For Fuel Leaks
- Earnings Preview: Vistaprint
- Amdocs Misses, Outlook Strong
- Allegheny Misses 4Q Consensus
- Costco Balances Risk-Reward
- UTX Beats Estimates
- Financial Groundhog Day
- Closing Bell Market Monitor: COP, BA, LOW, XRX
- Forex – EUR/USD Up At The End Of U.S. Session
- Forex – USD/JPY Down Toward The End Of U.S. Session
- St. Jude Beats On All Fronts
- Decent 4Q For Juniper Networks
- NCR-Chase ATM Deal
- ADP Beats, Raises Guidance
- Forex – EUR/USD Up Toward The End Of U.S. Session
- Valero Beats Zacks Estimates
- U.S. Markets Close Higher; Dow Jones Up 0.07%
- What If There Were An Indicator?
- Forex – GBP/USD Up During The U.S. Session
- Occidental Beats
- Fed Stays The Course, Of Course
- 01/26 FX Options Report
- TED: Understanding The Rise Of China
- Forex – USD/CAD Down During The U.S. Session
- Massive Delta Neutral Position Signals Bearishness At Jacobs Engineering Group
- Euro Rallies On Recovery Optimism
- FOMC Comes And Goes – No Changes, No Surprises – Will This Weaken USD?
- Mythbusting Gold’s Volatility
Value Investors Don’t Buy Gold Posted: 26 Jan 2011 05:45 PM PST Have you bought gold for your portfolio or at least considered doing so? If yes, you are in good company as some of the best investors in the world (who stayed away from gold all their investment careers) have bought some. But if value investors are known for their appetite of high-yielding investments and their desire to "buy a dollar at fifty cents", is gold an asset that fits into this universe? In this short article I would like to offer you a framework of how to think … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 04:35 PM PST By Vitaliy N. Katsenelson, CFA The world today is riddled with unique economic, political, and demographic risks. Finding attractively priced assets that will perform well in spite of these challenges is excruciatingly difficult. For investors, though, one segment of the market – the highest-quality stocks – still offers attractive risk-adjusted returns. First, it's important to understand the risks that make most other asset classes perilous in the current environment. Where to begin? … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Another Year, Another Recall For Toyota Posted: 26 Jan 2011 04:30 PM PST 01/26/11 On Wednesday, the Toyota Motor Co. announced the recall of an additional 1.7 million cars worldwide on a fuel leak … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 04:05 PM PST According to Bloomberg, Lowe's Companies Inc. (NYSE:LOW), the second largest home improvement retailer, plans to slash approximately 1,700 middle managerial posts countrywide. But the company's future savings from this operation are still unclear. |
Posted: 26 Jan 2011 04:05 PM PST 01/27/11 The stories, data, and stocks that may have the greatest impact during the next trading … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Trade Ideas For Thursday, January 27 Posted: 26 Jan 2011 03:45 PM PST ( click to enlarge ) There has been a persistent decline in Advanced Micro Devices, Inc. (NYSE:AMD) shares since the start of this month tempered with short-lived and unconvincing rallies. From the technical chart the short-term trend is still weak as the stock is still below its 50 and 200-day moving average. The stock needs to close above $7.71 in order to alleviate the negative near term view. If the stock fails to move above this level, it can decline to $7 area. ( click to enlarge … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 03:35 PM PST CA Inc. (CA) reported third quarter 2011 EPS of 46 cents, in line with the Zacks Consensus Estimate of 46 cents. |
Posted: 26 Jan 2011 03:35 PM PST A leading provider of advanced television services and personal video recorders (PVRs), TiVo Inc. (NASDAQ:TIVO) announced a multiyear agreement with Charter Communications (NASDAQ:CHTR) to deliver IP-enabled video platform. Terms of the deal were not divulged. |
Ball Corp. Realigns Production Posted: 26 Jan 2011 03:35 PM PST Ball Corporation (NYSE:BLL) announced several actions to better realign its manufacturing footprint in North America in order to meet changing customer demand. The company plans to decrease its overall installed beverage can capacity by closing its Torrance, California plant and estimates a related after-tax charge of $12.4 million to be recorded in |
Hess Fails To Meet Our Expectation Posted: 26 Jan 2011 03:05 PM PST Integrated oil company Hess Corp. (NYSE:HES) reported disappointing fourth-quarter results hurt by weak performance at its refining business. |
Posted: 26 Jan 2011 03:05 PM PST Legg Mason Inc.'s (NYSE:LM) third-quarter 2011 earnings of 73 cents per share significantly outpaced the Zacks Consensus Estimate of 43 cents. Reported quarter results included 10 cents per share in transition-related costs and 4 cents per share of costs related to a closed-end fund launch. |
Norfolk Misses, Outlook Bright Posted: 26 Jan 2011 03:05 PM PST After the closing bell on January 25, Norfolk Southern Corp. (NYSE:NSC), the leading U.S. railroad company, reported its fourth quarter of 2010 financial results. Although overall results missed the Zacks Consensus Estimates, Norfolk provided a bright 2011 financial outlook and also raised its dividend rate significantly. As a result, in after-market trade on NYSE, share price of Norfolk was up 39 cents (0.62%) to $63.31. |
Posted: 26 Jan 2011 03:05 PM PST Plum Creek Timber Co. Inc. (NYSE:PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., is scheduled to announce its fourth quarter and full year 2010 results after the market closes on January 31, 2011. The Zacks Consensus Estimate for the fourth quarter is 44 cents, representing a significant year-over-year increase of 132.7%. The Zacks Consensus Estimate for 2010 is $1.32, down 4.5% on a year-over-year basis. |
Tuesday Buys: CDY @ $1.80 And DNN @ $3.31 Posted: 26 Jan 2011 03:03 PM PST Yesterday I bought a couple of stocks to further test drive the new strategy I have been working on for a couple weeks now. The first purchase was of Cadero Resource Corp (CDY) at $1.80. My other purchase was of Denison Mines Corp (DNN) at $3.31. It appears that buying almost any miner yesterday was a good idea going into the kind of market we had today after Ben’s signal that he is going to print, print, print. So it was “too easy” to succeed today. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Quick Daily Glance At Flag And Support Levels In Netflix NFLX Posted: 26 Jan 2011 03:01 PM PST With NetFlix announcing better than expected earnings after the bell Wednesday, I thought it was a good time to take a quick look at the recent history and current structure (reference levels) as seen on the daily chart for clues about what to expect next. Netflix is another one of those 'amazing' or 'high-flying' stocks that I've heard recently compared to Crox (CROX) and of course Apple (AAPL) as being … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 02:35 PM PST Toyota Motor Corp. (NYSE:TM) has announced that it will recall about 1.7 million cars worldwide in order to fix their defective fuel pipes and high-pressure fuel pumps, which are causing fuel leaks. The automaker has received 75 complaints in North America and more than 140 in Japan related to the problem. |
Posted: 26 Jan 2011 02:35 PM PST Vistaprint N.V. (NASDAQ:VPRT), one of the leading online providers of professional marketing products and services to micro businesses, is slated to release its second quarter 2011 results on January 27, after the market closes. The current Zacks Consensus Estimate for the second quarter is 65 cents per share, representing an annualized growth of 9.98%. The Zacks Consensus sales estimate is $224.0 million. |
Posted: 26 Jan 2011 02:06 PM PST Yesterday, after market close, Amdocs Limited (NYSE:DOX) declared financial results for the first quarter of fiscal 2011 that were slightly below our expectations. However, Amdocs has given a solid financial outlook for the ensuing second quarter attributable to healthy demand trend. |
Posted: 26 Jan 2011 02:06 PM PST Allegheny Technologies Inc. (ATI) earned $15.1 million, or 15 cents per share, in the fourth quarter of 2010, missing the Zacks Consensus Estimate of 30 cents and falling significantly short from last year’s $37.8 million, or 36 cents per share. Fourth-quarter results were impacted by a $19.5 million LIFO inventory valuation reserve charge and $20.4 million in start-up and idle facility costs, which reduced earnings by 26 cents per share. |
Posted: 26 Jan 2011 02:06 PM PST Costco Wholesale Corporation (NASDAQ:COST) continues to be a dominant retail wholesaler based on its breadth and quality of merchandise offered. The company's strategy to sell products at heavily discounted prices has helped it to remain on a positive growth track despite recent economic downturn as cash-strapped customers continue to see it as a viable option for low-cost necessities. |
Posted: 26 Jan 2011 02:06 PM PST United Technologies Corp. (NYSE:UTX) reported fourth-quarter earnings per share from continuing operations of $1.31, above the Zacks Consensus Estimate of $1.29. The year-over-year increase in the company's earnings, along with improved margin, was led by the sustained cost reduction efforts of the company. |
Posted: 26 Jan 2011 02:03 PM PST In the 1993 comedy, Groundhog Day, actor Bill Murray plays Phil Connors, an egocentric Pittsburgh TV weatherman who, during a hated assignment covering the annual Groundhog Day event in Punxsutawney, finds himself repeating the same day over and over again. |
Closing Bell Market Monitor: COP, BA, LOW, XRX Posted: 26 Jan 2011 02:00 PM PST 01/26/11 In-depth coverage of daily money market movements containing technical analysis and detailed forecasts into particular currency pairs; reported directly from the floor of the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – EUR/USD Up At The End Of U.S. Session Posted: 26 Jan 2011 01:53 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3712, up 0.22% at time of writing. The pair was likely to find support at 1.3449, Friday's low, and resistance at 1.3721, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.48% to hit 0.8608 and EUR/JPY rising 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Down Toward The End Of U.S. Session Posted: 26 Jan 2011 01:38 PM PST Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Wednesday. USD/JPY was trading at 82.20, down 0.07% at time of writing. The pair was likely to find support at 81.98, Tuesday's low, and resistance at 83.09, Friday's high. Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.20% to hit 1.3709 and GBP/USD rising 0.68% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 01:37 PM PST Medical devices major St. Jude Medical (STJ) posted adjusted earnings per share of 75 cents for the fourth quarter and $3.01 for fiscal 2010, exceeding the Zacks Consensus Estimates of 74 cents and $2.99, respectively, and surpassing the year-ago earnings of 64 cents and $2.43, respectively. This represents the sixth consecutive quarter of outperformance. |
Decent 4Q For Juniper Networks Posted: 26 Jan 2011 01:37 PM PST Juniper Networks Inc. (NASDAQ:JNPR) posted fourth quarter 2010 adjusted earnings per share of 42 cents, which surpassed the Zacks Consensus Estimate of 31 cents. |
Posted: 26 Jan 2011 01:37 PM PST Technology and solutions provider NCR Corp. (NYSE:NCR) kick-started the year with a big move. Yesterday, Chase, the U.S. consumer and commercial banking business of J.P. Morgan Chase & Co. (NYSE:JPM), announced that it would deploy more ATMs incorporating NCR Corp.'s latest Scalable Deposit Module (SDM) technology. |
Posted: 26 Jan 2011 01:36 PM PST Automatic Data Processing Inc.(NYSE:ADP) reported second quarter 2011 earnings per share of 62 cents, beating the Zacks Consensus Estimate by a penny. Second quarter earnings was primarily driven by strong top-line growth partially offset by higher expenses. |
Forex – EUR/USD Up Toward The End Of U.S. Session Posted: 26 Jan 2011 01:23 PM PST Forex Pros – The Euro was higher against the U.S. Dollar on Wednesday. EUR/USD was trading at 1.3701, up 0.14% at time of writing. The pair was likely to find support at 1.3449, Friday's low, and resistance at 1.3721, today's high. Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.40% to hit 0.8615 and EUR/JPY rising 0.14% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 01:08 PM PST Valero Energy Corporation (NYSE:VLO) posted fourth quarter earnings from continuing operations of 40 cents per share (excluding non-recurring items), well above the Zacks Consensus Estimate of 35 cents. It also reversed last year’s loss from continuing operations of 23 cents. |
U.S. Markets Close Higher; Dow Jones Up 0.07% Posted: 26 Jan 2011 01:08 PM PST Forex Pros – U.S. stocks were up after the closing bell on Wednesday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.07%, the S&P 500 index gained 0.42%, while the Nasdaq 100 index climbed 0.44%. Meanwhile, across the Atlantic, European stock markets closed higher. France's CAC 40 was up 0.73%; Germany's DAX gained 0.97%; Britain's FTSE 100 climbed 1.01%; and the EURO STOXX 50 rose … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
What If There Were An Indicator? Posted: 26 Jan 2011 01:07 PM PST Since Jack Kennedy asked “not what the country could do for you," the stock market has been up in 35 years (measured starting on Inauguration day or the first day of trading after the 20th of January and going through to the next 1/20) and down in 15. In other words, there is a 30% chance of a down year. It has been up by double-digit percentages in 24 years, so the probability of a good year (a positive double digit return) is 48%. What would you say if there was an indicator that would … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Up During The U.S. Session Posted: 26 Jan 2011 12:43 PM PST Forex Pros – The British Pound was higher against the U.S. Dollar on Wednesday. GBP/USD was trading at 1.5897, up 0.51% at time of writing. The pair was likely to find support at 1.5752, Tuesday's low, and resistance at 1.6018, Tuesday's high. Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.41% to hit 0.8614 and GBP/JPY rising 0.54% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 12:35 PM PST Occidental Petroleum Corp. (NYSE:OXY) announced fourth quarter 2010 operating earnings that grew 17% to $1.58 per share, versus $1.35 in the year-ago quarter. The result surpassed the Zacks Consensus Estimate of $1.53 by 5 cents. |
Fed Stays The Course, Of Course Posted: 26 Jan 2011 12:35 PM PST Today the Federal Reserve finished its first meeting of the year, and as was almost universally expected, they kept the Federal Funds Rate at a range between 0 and 0.25%. Below I present the current policy statement and the policy statement from the December 14th meeting on a paragraph by paragraph basis. I also provide my interpretation/translation. “Information received since the Federal Open Market Committee met in December confirms that the economic recovery is continuing, though at a rate … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 26 Jan 2011 12:22 PM PST The USD pared earlier weakness vs. the EUR, JPY. US equity averages turned higher, after new home sales soared by … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
TED: Understanding The Rise Of China Posted: 26 Jan 2011 12:09 PM PST Speaking at a TED Salon in London, economist Martin Jacques asks: How do we in the West make sense of China and its phenomenal rise? The author of “When China Rules the World,” he examines why the West often puzzles over the growing power of the Chinese economy, and offers three building blocks for understanding what China is and will … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/CAD Down During The U.S. Session Posted: 26 Jan 2011 12:03 PM PST Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Wednesday. USD/CAD was trading at 0.9956, down 0.13% at time of writing. The pair was likely to find support at 0.9909, Friday's low, and resistance at 1.0005, Tuesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.03% to hit 1.3678 and GBP/USD rising 0.40% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Massive Delta Neutral Position Signals Bearishness At Jacobs Engineering Group Posted: 26 Jan 2011 11:38 AM PST Massive delta neutral position signals bearishness at Jacobs Engineering Group |
Euro Rallies On Recovery Optimism Posted: 26 Jan 2011 11:00 AM PST 01/26/11 The euro currency has rallied this session on growing speculation the EU has enacted measures to weather its debt … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
FOMC Comes And Goes – No Changes, No Surprises – Will This Weaken USD? Posted: 26 Jan 2011 10:08 AM PST Earlier today we wrote about what we can expect from the FOMC and what economic data the Fed was looking at. |
Posted: 25 Jan 2011 10:00 PM PST Gold is a volatile asset class. This is why we tell investors to put no more than 5-10 percent of their portfolio in gold, and split that among the bullion itself and those companies tasked with exploring for and producing gold. As you can see, gold was the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
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