Tuesday, March 20, 2012

DailyMarkets.com - A Market Top Is A Process And Not An Event, In Most Cases

DailyMarkets.com - A Market Top Is A Process And Not An Event, In Most Cases

A Market Top Is A Process And Not An Event, In Most Cases

Posted: 20 Mar 2012 03:42 AM PDT

In most cases, and I mean 98% of the time a market that results in a trend change of 10% of more is a process and not an event. That means there are weeks of distribution and not a one or two day plunge that ends the trend (I refer to stocks and not commodities).

Barry Ritholtz reminds us of this process in a recent blog post:Predicting Market Tops vs Observing Conditions

Extract..Barry Says..

Broad indices are up over 100% since the March 2009 lows; economic indicators are mixed, with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Commodities Sink On China Slowdown Fears, Bernanke May Offer Lifeline

Posted: 20 Mar 2012 01:55 AM PDT

Talking Points

Crude Oil, Copper Aim Lower as China Slowdown Fears Dent Sentiment
Gold and Silver to Rise if Bernanke Comments Reboot QE3 Expectations

Commodity prices are broadly under pressure in early trade European trade as risk appetite comes under pressure following overnight news that China raised fuel prices, tacking on 7 percent to the price of gasoline and 7.8 percent to that of diesel. The move stoked fears that higher energy costs will further slow the world's second-largest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Guess? Inc. (GES)

Posted: 19 Mar 2012 11:00 PM PDT

Guess? Inc.’s (NYSE:GES) fourth quarter and fiscal 2012 earnings missed year-ago earnings by 5.4% and 1.9%, respectively. Severe austerity measures taken by the European government to combat the debt crisis in the region resulted in reduced spending by consumers there.
Though this was offset by the slight increase in per capita income of the North American region, operating margin shrank, owing to higher SG&A as well as promotional activities. Same-store sales also declined in the quarter. In … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Rockwell Collins, Inc.

Posted: 19 Mar 2012 11:00 PM PDT

Rockwell Collins, Inc. (NYSE:COL) offers investors solid growth and income at a very reasonable price.
Based on current consensus estimates, analysts project double-digit EPS growth over the next two years. On top of this, the company pays a dividend that yields a solid 1.6%.
And estimates have been rising after the company delivered better than expected fourth quarter results, sending the stock to a Zacks #2 Rank (Buy).
Company Description
Rockwell Collins provides communications and aviation … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Dorman Products

Posted: 19 Mar 2012 11:00 PM PDT

Dorman Products (DORM) is a Zacks #1 Rank (Strong Buy) after posting positive earnings surprises and accelerating earnings momentum.
Company Description
Dorman Products, Inc. supplies automotive replacement parts, fasteners, and service line products primarily for the automotive aftermarket. The company, formerly known as R&B, Inc., was founded in 1978 and is headquartered in Colmar, Pennsylvania.
DORM Exhibits Earnings Momentum
DORM has had back to back positive earnings surprises. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Hilltop Holdings, Inc. (HTH)

Posted: 19 Mar 2012 11:00 PM PDT

We are upgrading our recommendation on Hilltop Holdings, Inc. (NYSE:HTH) to Outperform based on its fourth quarter earnings that modestly surpassed the Zacks Consensus Estimate, based on a higher-than-expected top line that benefited from improved premiums, investment income and net realized gain coupled with lower-than-expected expenses.
Hilltop’s capital position remains sound along with a risk-free balance sheet that lays scope for efficient capital deployment. This is also evident from the new … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Ascena

Posted: 19 Mar 2012 11:00 PM PDT

Ascena Retail (ASNA) is a Zacks #1 Rank (Strong Buy) after posting five upside surprises in the last six quarters and getting higher estimates for 2012.
Company Description
Ascena Retail Group, Inc. operates as a specialty retailer of apparel for women and tween girls in the United States, Puerto Rico, and Canada. The company operates its stores under the Dressbarn, Maurices, and Justice brand names. Ascena Retail Group operated approximately 2,500 stores.
ASNA Tops Expectations in Five of Last … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Another Reason To Buy Apple?

Posted: 19 Mar 2012 06:51 PM PDT

Only joking, of course. But then again, it seems that all news is good news when it comes to the stock market — right?
(Hat tip to Business … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Walmart Adds 125 New Jobs Every Day In March

Posted: 19 Mar 2012 06:34 PM PDT

In just the first 19 days of March, Walmart has announed new 13 stores openings or expansions, which will bring 2,380 new jobs to those retail locations all across the country from Reno to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

What Republicans Argue When They Have Nothing Left To Say

Posted: 19 Mar 2012 06:01 PM PDT

Republicans are desperate. They can't attack Obama on jobs because the jobs picture is improving.
Their attack on the Administration's rule requiring insurers to cover contraception has backfired, raising hackles even among many Republican women.
Their attack on Obama for raising gas prices has elicited scorn from economists of all persuasions who know oil prices are set in global markets and that demand in the United States has actually fallen.
Their presidential ambitions are being … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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