Monday, March 12, 2012

DailyMarkets.com - Stocktouch Issued A Buy Rating From SmartStops.net

DailyMarkets.com - Stocktouch Issued A Buy Rating From SmartStops.net


Stocktouch Issued A Buy Rating From SmartStops.net

Posted: 12 Mar 2012 05:18 PM PDT

Stocktouch is an amazing app designed for both the iPhone and iPad by Visible Market Inc. According to Visible Market, the app concept was developed from a need to bring clarity to financial information, "we found the way financial information is typically presented to be confusing: we felt we could do something more immersive than index summaries and line charts." I think they got it right.
I tried it out on my iPhone and it was just like having the market at my fingertips. Stocktouch … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Why We Need A Surtax On The Super Wealthy

Posted: 12 Mar 2012 04:51 PM PDT

Let Santorum and Romney duke it out for who will cut taxes on the wealthy the most and shred the public services everyone else depends on.
The rest of us ought to be having a serious discussion about a wealth tax. Because if you really want to know what's happening to the American economy you need to look at household wealth — not just incomes.
A few days ago the Fed reported that household wealth increased from October through December. That's the first gain in three quarters.
Good news? … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Internet Names Grow At VeriSign

Posted: 12 Mar 2012 04:05 PM PDT

According to the latest Domain Name Industry Brief published by VeriSign Inc. (NASDAQ:VRSN), approximately six million names were added to the Internet in the fourth quarter of 2011 bringing the total number of registered domain names to nearly 225 million on a worldwide basis.
VeriSign Inc. provides essential Internet infrastructure services to companies, service providers and website owners. The company offers a broad platform of products and services that enables Internet users, website … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


China’s Trade Deficit Accelerates Slowdown Fears

Posted: 12 Mar 2012 03:58 PM PDT

03/12/12 China posted its first trade deficit in decades, sparking expectations of a policy response from the nation’s central … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


US In Tune With World BSE Standards

Posted: 12 Mar 2012 03:55 PM PDT

The American health watchdog – U.S. Department of Agriculture (USDA) – has decided to follow the same guidelines for mad cow diseases as that used internationally for importing beef.
This initiation was triggered following a letter from the US senators urging to frame a rule related to Bovine Spongiform Encephalopathy (BSE), commonly known as "Mad Cow Disease."
The compliance of the mad cow disease standards with the international standards are expected to increase exports of beef from … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Preview: Raven Industries

Posted: 12 Mar 2012 03:50 PM PDT

Raven industries, Inc. (RAVN) is scheduled to report its fourth quarter and year end 2011 financial results before the market opens on March 13, 2012. The current Zacks Consensus Estimate for the quarter is pegged at 48 cents per share, representing an estimated year-over-year increase of about 17.1%. Revenue, as per the Zacks Consensus Estimate stands at $78 million.
Third Quarter Synopsis
Raven's third quarter earnings per share came in at 63 cents, in line with the Zacks Consensus … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


T. Rowe Price CEO Gets Pay Hike

Posted: 12 Mar 2012 03:35 PM PDT

T. Rowe Price Group Inc.'s (NASDAQ:TROW) Chief Executive Officer (CEO), James A.C. Kennedy, got a 10% hike in his total compensation package. His salary had been increased to $7.8 million in 2011 from $7.1 million, according to a Securities and Exchange Commission filing last week.
In addition to this, T. Rowe Price's chairman and chief investment officer, Brian C. Rogers, got a pay hike in 2011. Rogers' compensation package surged 12% to $7.7 million in 2011 from $6.8 million in 2010.
The pay … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Host Hotels Hikes Dividend

Posted: 12 Mar 2012 03:35 PM PDT

Host Hotels & Resorts, Inc. (NYSE:HST), the largest lodging real estate investment trust (REIT), has recently increased its dividend payout by 20% to a quarterly payment of 6 cents per share or 24 cents on an annualized basis. The first quarter 2012 dividend is payable in cash on April 16, 2012 to shareholders of record as on March 30, 2012.
The current dividend hike is the fifth consecutive quarterly dividend increase for the company. A steady dividend payout facilitates the long-term … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Fear Has Vanished From The Market

Posted: 12 Mar 2012 03:25 PM PDT

The CBOE Volatility Index (VIX) closed today at 15.64, a drop of 8.6% from yesterday’s close at 17.11, and the lowest closing value since May 31 of last year.  See WSJ article “Fear Has Vanished from the Stock Market.” … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Maintenance Day

Posted: 12 Mar 2012 03:22 PM PDT

Cusick’s Corner 03-12-2012
This is a maintenance day, not much happening. We do have expiration this week along with the FOMC and Retail Sales data, so one could say that many market participants are waiting for this information to come out tomorrow and then there could be some repositioning going into the week’s end. Here’s what concerns me — the Mid Caps, MDY, and Small Caps, IWM, are stuck at resistance and just grinding; Utilities, XLU, popped through overhead resistance; and finally the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Is The Chinese Consumer A Risky Bet For U.S. Investors And Corporations?

Posted: 12 Mar 2012 03:22 PM PDT

Targeting the Chinese consumer is considered to be a low-risk market bet by many corporations. Wal-Mart (NYSE:WMT) is one corporation that has been forging into the Chinese marketplace since 1996 and recently showed their continued commitment to investing in China with the announcement of their intent to buy 51% of Yihaodian for an online retail presence. With a population of 1.3 billion people, China is expected to emerge as the largest consumer market in the world by 2020 with half the Chinese … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Natural Gas Supplies Remain Bloated

Posted: 12 Mar 2012 03:20 PM PDT

The U.S. Energy Department’s weekly inventory release showed a lower-than-expected drop in natural gas supplies, as warmer-than-normal temperatures across the country have restricted the commodity's requirement for power burn. In fact, gas stocks – currently some 45% above benchmark levels – are at their highest point for this time of the year, reflecting low demand amid robust onshore output.
The Weekly Natural Gas Storage Report – brought out by the Energy Information Administration … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


China Sees Strong Auto Sales

Posted: 12 Mar 2012 03:20 PM PDT

China saw an impressive 24.5% rise in auto sales to 1.57 million units in February this year due to strong passenger vehicle sales and February last year being a low comparing base on the back of Chinese holiday.
According to the China Association of Automobile Manufacturers (CAAM), passenger vehicle sales surged 26.5% to 1.21 million units thanks to the rising disposable income and growing demand from lower tier cities.
General Motors Co. (NYSE:GM) and Ford Motor Co. (NYSE:F), who heavily rely on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


FOMC, US Retail Sales In Focus

Posted: 12 Mar 2012 03:20 PM PDT

03/12/12 The FOMC rate announcement and the latest US retail sales report will be closely watched. Focus will be on the tone of the FOMC statement, for clues on the central bank’s next … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Stocks Watchlist For Tuesday, March 13

Posted: 12 Mar 2012 03:09 PM PDT

( click to enlarge )

Under Armour Inc (NYSE:UA) had a strong move today, as the stock set new 52-week highs.  The stock hit a high of 95.82, which is resistance for the follow through move. The technical chart shows the stock is in a bull market rally as MACD is on top of signal line and moving upwards. In addition, the medium term trend is also bullish as the stock is above 50-day and 200-day moving averages with both moving averages going up.

( click to enlarge )

Elan Corporation, plc … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


American Capital To Offer Shares

Posted: 12 Mar 2012 03:05 PM PDT

American Capital Agency Corp. (NASDAQ:AGNC) recently announced that it has issued a public offering of 62 million shares for estimated proceeds of approximately $1.8 billion. To cover any over-allotments, American Capital also plans to offer a 30-day option to the underwriters of the offering for purchasing an additional 9,150,000 shares.
The net proceeds from this offering will be utilized for the acquisition of additional agency securities keeping in mind the prevailing market conditions and for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Earnings Scorecard: ITT Corporation

Posted: 12 Mar 2012 02:50 PM PDT

ITT Corporation (NYSE:ITT) reported fairly good results for the fourth quarter and fiscal 2011. The company achieved top-line growth of 10% year over year in the fourth quarter 2011. The company's sales increased across all of its four business segments.
Fourth Quarter Highlights
Total revenue in the quarter increased 10% to $518 million compared to $470 million in the prior-year period.
For fiscal 2011, the company reported revenues of $2.1 billion which was 11% above the prior year with an … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Citi To Branch Out In China

Posted: 12 Mar 2012 02:50 PM PDT

Citigroup Inc. (NYSE:C) is planning to boost up its presence in the mainland China market, according to a report in The Financial Times. The company plans to more than double its bank branches in China to 100 from 47 currently in the next two to three years.
Notably, the company has recently won approval for launching its own card business in the country. Citi’s Chinese subsidiary Citibank (China) Co. Ltd. received approval from the China Banking Regulatory Commission to launch its own credit card … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


CBS Positive On Political Ads

Posted: 12 Mar 2012 02:30 PM PDT

According to Bloomberg, CBS Corporation's (NYSE:CBS) Chief Executive Officer Les Moonves expects strong political TV advertising revenues in the current fiscal year, which in turn, is anticipated to enhance the company's profitability.
Speaking at the University of California, Les stated that the company expects the profits to rise by $180 million primarily due to political ads, surpassing the profits of the last presidential election year.
CBS remains well positioned to drive revenue in the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Bullish On Cabela’s

Posted: 12 Mar 2012 02:30 PM PDT

We reiterate our long-term Outperform recommendation on Cabela’s Inc. (NYSE:CAB), one of the leading specialty retailers and direct marketers of hunting, fishing, camping, and related outdoor merchandise, with a price target of $38.00.
The Company Counts Upon
Cabela's next-generation store format, multi-channel strategy and seasonal product assortments enable it to focus on increasing stores' productivity and sales per square foot while lowering its labor costs.
Cabela's multi-channel model … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Celgene Cut To Neutral

Posted: 12 Mar 2012 02:15 PM PDT

We recently downgraded Celgene Corporation (NASDAQ:CELG) to Neutral from Outperform with a target price of $78.00.
In late January 2012, Celgene reported lower-than-expected earnings and revenues in the final quarter of 2011. Higher-than-expected expenses were primarily responsible for the earnings miss in the quarter. We expect operating expenses to increase further since the company is investing heavily in its pipeline.
Even though pleased with the overall oncology portfolio at Celgene, we remain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


LaSalle Boosts Washington Portfolio

Posted: 12 Mar 2012 02:00 PM PDT

LaSalle Hotel Properties (NYSE:LHO) recently announced the acquisition of Hotel Palomar in Washington D.C. for $143.8 million in an off-market deal. The company funded the acquisition through a combination of borrowings under an unsecured credit agreement and proceeds generated from a recent share offering that raised $46.6 million.
Hotel Palomar comprises 335 guest rooms and is located close to the Dupont Circle in Washington. The hotel is ideally located in close proximity to a number of  … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Chicago Bank Fails, Tally Hits 13

Posted: 12 Mar 2012 01:50 PM PDT

Last Friday, the Illinois Department of Financial and Professional Regulation shuttered Chicago-based New City Bank, taking the number of failed U.S. banks thus far in 2012 to 13. This follows 92 bank failures in 2011, 157 in 2010, 140 in 2009 and 25 in 2008.
While the financials of a few large banks continue to stabilize on the back of an economic recovery, the industry is still on shaky ground. The sector presents a picture similar to that of 2011, with nagging issues like depressed home … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


DISH Network Still Neutral

Posted: 12 Mar 2012 01:35 PM PDT

DISH Network Corp. (NASDAQ:DISH) reported solid financial results for the fourth quarter of 2011, significantly outpacing the Zacks Consensus Estimates. Most importantly, the company generated net subscriber additions in the last quarter, reversing the trend of the prior two successive quarters.
This solid performance was primarily attributable to the new movies streaming services that DISH Network has started after its acquisition of Blockbuster movie chain. The company is continuously doing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Wall Street Ends Mixed

Posted: 12 Mar 2012 08:30 AM PDT

03/12/12 The Dow slightly rose for the fourth consecutive session in listless trading, even as trade data from China raised concern about growth in the world’s second-largest … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Mechel Halts Otel Rseu Production

Posted: 12 Mar 2012 01:20 PM PDT

Mechel OAO (NYSE:MTL) announced that it has temporarily halted the smelting production at Otelu Rosu, Romania due to a contingency situation. Operation at one of the electric furnaces of the plant was stopped due to technical reasons.
Due to some malfunction in the process, the furnace and auxiliary communications got damaged resulting in stoppage of work. The company's experts are looking into the matter to find out some solution for diminishing the effects of malfunction.
Last month, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Oil Price Increases In Dollars, Swiss Franc And Yen

Posted: 12 Mar 2012 01:19 PM PDT

West Texas Intermediate

Brent Europe

The top chart above shows the percentage changes in the price of oil (WTI) since January 2010, measured in U.S. dollars (30.7% through February), Swiss francs (15.2%) and Japanese yen (12.6%).  Isn’t this evidence that at least part of the increase in the dollar price of oil is due to the deprecation of the U.S. currency?  When priced in Swiss francs, oil prices have only increased by half of the dollar price increase, and when priced in yen, oil … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Brew Starbucks Coffee At Home

Posted: 12 Mar 2012 01:06 PM PDT

Coffee giant Starbucks Corporation (NASDAQ:SBUX) recently announced plans to launch the Verismo system, a premium machine which will allow customers to prepare Starbucks-quality espresso and coffee drinks at home, a cup at a time.
The Verismo single cup coffee machine will be available by fall 2012 and is a major step by the company to take a share of the premium single-cup segment, which is the fastest growing market in the coffee industry. The premium single cup segment grew more than 135% over … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Are Gold, Silver, Rare Earths And Uranium Safe Havens As Banks Buy U.S. Debt At Record Pace?

Posted: 12 Mar 2012 01:03 PM PDT

Far be it for Gold Stock Trades to indulge in hubris, nevertheless with all humility we not only saw this risk on rally forming in early October but reiterated on many occasions "be not dismayed by recent declines."  "Commodities are not in a bubble."  "Patience and Fortitude."
Recent action exemplifies the importance of not being trigger happy when it involves the commodity arena especially precious metals, uranium and rare earths.  Volatility can daunt even the most … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Raytheon Gets Air Traffic Contract

Posted: 12 Mar 2012 12:55 PM PDT

Raytheon Company (NYSE:RTN) has been chosen to provide engineering, technical and depot services in support of 15 Air Traffic, Navigation, Integration, and Coordination Systems (ATNAVICS) for the Naval Air Systems Command (NAVAIR) and U.S. Marine Corps.
Raytheon’s ATNAVICS is a mobile system that provides air traffic services for the rapid deployment of troops and equipment to remote locations where no operational airport control and landing system exists.
Raytheon will provide engineering … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Illumina Unveils TruSeq Amplicon

Posted: 12 Mar 2012 12:55 PM PDT

Illumina (NASDAQ:ILMN) unveiled TruSeq Amplicon last week, which is a cancer panel to aid researchers to sequence cancer loci. This is significant since this makes sequencing possible even in difficult samples such as formalin-fixed, paraffin embedded ("FFPE") tumor samples. The San Diego-based company is taking orders for the device, shipment of which will begin next month.
Dr. Andrew Fellowes of the Department of Pathology at the Peter MacCallum Cancer Centre in Melbourne, Australia believes … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Northrop Remains Neutral

Posted: 12 Mar 2012 12:40 PM PDT

Northrop Grumman Corporation (NYSE:NOC) posted mixed results for the December quarter surpassing the Zacks Consensus Estimate on the bottom line but missing the consensus at the top. Looking forward, the company offers a strong program portfolio positioned to take advantage of focus areas in the defense space, an improving balance sheet and an ongoing share repurchase program. Our bullish outlook for the company is supported by favorable projected revenue, diversified revenue and earnings streams, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Look At Volatility

Posted: 12 Mar 2012 12:22 PM PDT

Cusick’s Corner 03-09-2012
Nice grind into the close but nothing really materialized, except the fact that front month volatility, VIX, is running at a level about 3-5 points below the back months, and June VIX futures (VXM12 on the optionsXpress site) are at 25.53. This is concerning because this market seems to be a lot more complacent than the volatility that is being reflected in the back months. This means one of two things, that the back month volatility is too expensive and could … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Hot Option Plays: Watch Retail And The Fed

Posted: 12 Mar 2012 12:22 PM PDT

Cusick’s Corner
This is a choppy market with wider ranges and not much of an appetite coming from either the shorts or the longs. So with this choppy nature and with no real tells, i.e. bond yields/offensive sectors moving etc, I will be monitoring the data this week as well as statements out of the Fed. The data points I will be focusing on will be Retail Sales tomorrow and after goods jobs data last week, there could be further strength in this sector. The wrinkle will be if car sales are way … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex Trading: USDJPY Continues The NY Consolidation.

Posted: 12 Mar 2012 12:22 PM PDT

The USDJPY is moving sideways for most of the day after falling in the firest few hours of trading. The price has developed a floor at the 82.11 area where four separate lows are in the area.  The last 7 hours of trading have a high of 92.29. The 18 pips is narrow and traders will likely be using the two extremes as potential break out levels.
Looking at the daily chart, the price has a lower high from Friday.  The high on Friday extended to 82.52. This was the highest level since … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Cola Giants In Carcinogenic Row

Posted: 12 Mar 2012 12:20 PM PDT

Cola giants PepsiCo Inc (NYSE:PEP) and Coca-Cola Co (NYSE:KO) recently announced that they will update the manufacturing process of the caramel color used in all their products. The added caramel coloring is said to be associated with cancer.
Both Coca-Cola and PepsiCo use caramel coloring to give their respective colas a distinctive brown color. The Center for Science in the Public Interest (CSPI) recently released studies which showed that the caramel coloring contains large amounts of a chemical, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Stock Trading On Tuesday, March 13, 2012

Posted: 12 Mar 2012 05:07 AM PDT

By ForexMansion.com

The Trend Trader for the Dow 30 Stocks
For Trading On Tuesday, March 13, 2012

In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AA – Alcoa Inc
9.87
+ 0.61
9.82
9.81

Bullish

AXP – American Express Company
52.77
− 0.81
52.95
52.74

Neutral

BA – Boeing Co
73.60
+ 0.42
73.81
73.52

Neutral

BAC – Bank of America Corporation
7.99
− 0.75
8.04
7.97

Neutral

CAT – Caterpillar Inc
108.94
− … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For ETF Trading On Tuesday, March 13, 2012

Posted: 12 Mar 2012 05:07 AM PDT

By ForexMansion.com

The Trend Trader for ETFs
For Trading On Tuesday, March 13, 2012

The top 40 ETFs by net assets
In alphabetical order by symbol

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AGG – iShares Lehman Aggregate Bd Fd
110.29
+ 0.09
110.27
110.31

Neutral

BND – Vanguard Total Bond Market ETF
83.58
+ 0.07
83.58
83.58

Bearish

DBC – DB Commodity Index Tracking Fd
29.27
− 0.14
29.23
29.16

Bullish

DIA – SPDR DJ Industrial Average … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Forex Trading On Tuesday, March 13, 2012

Posted: 12 Mar 2012 05:07 AM PDT

By ForexMansion.com

The Trend Trader for Forex
For Trading On Tuesday, March 13, 2012

THE BIG SIX

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

AUDUSD – Aust Dollar / US Dollar
1.0516
− 0.55
1.0578
1.0609

Bearish

EURUSD – Euro / US Dollar
1.3155
+ 0.24
1.3177
1.3170

Bearish

GBPUSD – British Pound / US Dollar
1.5640
− 0.18
1.5721
1.5737

Bearish

USDCAD – US Dollar / Canadian Dollar
0.9923
+ 0.13
0.9918
0.9937

Neutral

USDCHF – US Dollar / … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


The Trend Trader For Futures Trading On Tuesday, March 13, 2012

Posted: 12 Mar 2012 05:07 AM PDT

By ForexMansion.com

The Trend Trader for Futures
For Trading On Tuesday, March 13, 2012

INDICES

Close
%
Change

3×1

7×5
Minor
Trend
Major
Trend
Trend Reading

S&P 500 – Jun ESM2
1366.75
0.00
1361.64
1356.08

Bullish

Dow Jones – Jun YMM2
12897
+ 0.26
12850
12807

Bullish

Nasdaq – Jun NQM2
2647.00
+ 0.12
2635.08
2620.33

Bullish

Russell – Jun TFM2
811.60
− 0.34
806.42
804.07

Bullish

INTEREST RATES

US T-Bond – Jun ZBM2
140-17
+ … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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