Tuesday, March 6, 2012

DailyMarkets.com - Semiconductor Cycle Forecasted Selling In The Nasdaq Weeks Ago

DailyMarkets.com - Semiconductor Cycle Forecasted Selling In The Nasdaq Weeks Ago

Semiconductor Cycle Forecasted Selling In The Nasdaq Weeks Ago

Posted: 06 Mar 2012 01:36 AM PST

We have stated that the Apple Inc (AAPL) was exploding into a buying climax that would attract selling. So far it everything is on queue. The Semiconductor index (SOX) cycle also confirms this action is right on time.

Sometimes the leading index does not have a dominant cycle of any note (ie the NASDAQ index), but the internal working and leading indexes may do so ( ie the SOX). As you can see the SOX cycle as peaked perfectly with prices action.

Related previous posts:
Apple Inc buying … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why I Am Still Bullish (II)

Posted: 06 Mar 2012 12:13 AM PST

I got a fair amount of feedback and pushback on my last post (see Why I am still bullish). Most have pointed to contrarian sentiment indicators, such as the Rydex Bull/Bear ratio, showing that traders are excessively bullish on stocks.

The Do’s and Don’ts of sentiment models
Let’s go back to first principles on sentiment models. The basic assumption behind sentiment models is that if a certain group is in a crowded long position, then there is little or no buying power to push the market up … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: Texas Roadhouse, Inc.

Posted: 05 Mar 2012 11:01 PM PST

Estimates have been rising for Texas Roadhouse, Inc. (NASDAQ:TXRH) after the company delivered solid fourth quarter results, including a 5.6% increase in same-store sales.
It is a Zacks #2 Rank (Buy).
The company also recently announced a 12.5% increase in its dividend. It currently yields 2.2%.
Company Description
Texas Roadhouse operates over 360 restaurants system-wide in 47 states and one foreign country.
It is headquartered in Louisville, Kentucky (no, NOT Texas) and has a market cap of $1.2 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Genuine Parts Co. (GPC)

Posted: 05 Mar 2012 11:00 PM PST

Genuine Parts Co. (NYSE:GPC) saw a 15% increase in profit to $0.86 per share in the fourth quarter of 2011, surpassing the Zacks Consensus Estimate by $0.03. Meanwhile, total sales increased 7% to $3.0 billion, which was in line with the Zacks Consensus Estimate. For full year 2011, the company reported a 19% increase in profit to $565 million or $3.59 per share, beating the Zacks Consensus Estimate by $0.02.
Genuine Parts is a leading distributor of automotive and industrial replacement parts, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: Sunoco, Inc. (SUN)

Posted: 05 Mar 2012 11:00 PM PST

A weak business model, geographically undiversified asset base and operational hindrances compel us to downgrade Sunoco, Inc. (NYSE:SUN) to Underperform from Neutral. Our pessimistic outlook on the stock is fueled by the company’s poorly performing refining and supply segment, which registered a high loss along with lower realized prices and throughputs in the fourth quarter of 2011.
Moreover, with the separation of the coke manufacturing business, Sunoco exhibits a weak business profile and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Generac

Posted: 05 Mar 2012 11:00 PM PST

Generac (GNRC) is a Zacks #1 Rank (Strong Buy) due to its solid history of positive earnings surprises. Its recent pull back makes it attractive to aggressive growth investors.
Company Description
Generac is a manufacturer of backup power generation products serving residential, light commercial and industrial markets. The Company designs, engineers, manufactures, and markets a range of automatic, stationary standby and portable generators. Generac’s power systems range in output from 800 watts … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Plains All American Pipeline MLP

Posted: 05 Mar 2012 11:00 PM PST

Plains All American Pipeline (PAA)
By now, most of you know that oil prices have been on the rise and many oil and gas stocks like Plains All American Pipeline have been gaining some serious momentum in the past month or so.  MLPs have been especially attractive to investors because of their eye-catching yields. 
PAA owns and operates a diversified portfolio of assets that play a key role in the movement of U.S. and Canadian energy supplies.  The company handles over 3 million … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

The Educational Octopus

Posted: 05 Mar 2012 08:39 PM PST

“Every politically controlled educational system will inculcate the doctrine of state supremacy sooner or later. . . . Once that doctrine has been accepted, it becomes an almost superhuman task to break the stranglehold of the political power over the life of the citizen. It has had his body, property and mind in its clutches from infancy. An octopus would sooner release its prey. A tax-supported, compulsory educational system is the complete model of the totalitarian state.” 

~Isabel … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex Trading: Usd/hkd Finally Rallying After Breaking Through This Trend-line

Posted: 05 Mar 2012 07:18 PM PST

usd/hkd finally rallying after breaking through this … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

A Classic Milton Friedman Essay On Health Care

Posted: 05 Mar 2012 06:42 PM PST

From a classic 2001 article by Milton Friedman, “How to Cure Health Care”:

“Two simple observations explain both the high level of spending on medical care and the dissatisfaction with that spending. The first is that most payments to physicians or hospitals or other caregivers for medical care are made not by the patient but by a third party—an insurance company or employer or governmental body. The second is that nobody spends somebody else's money as wisely or as frugally as he spends … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Transitions

Posted: 05 Mar 2012 06:18 PM PST

1. After ten years, Megan McArdle takes a break from blogging to work on another project.  

2. Julian Sanchez offers an online pre-resignation letter from his employer The Cato Institute, effective if and when the Koch brothers take command of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Why I Am Still Bullish

Posted: 05 Mar 2012 12:31 AM PST

As the stock market consolidates and the Dow flirts with the 13K level, there have been some calls for an intermediate term top. I remain bullish over the next few months for the following reasons:

The risk trade bull run remains intact
Positive funds flow are buoying the markets;
Panic levels are still elevated;
“Expert opinion, defined as the better market timers, are bullish;
The Bernanke Put and Draghi Put still lives; and
The China property bubble lives on for another day.

The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
at

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