Tuesday, May 22, 2012

DailyMarkets.com - Gann Angles Picking Trend Reversals

DailyMarkets.com - Gann Angles Picking Trend Reversals

Gann Angles Picking Trend Reversals

Posted: 22 May 2012 01:05 AM PDT

Since March 2009 the 1×2 Gann Angle has been very important. It kinda makes you wonder if the worlds hedge funds and other large traders have been using them all along.

Some facts about Gann Angles
1) They only need one point to draw. Not two like trendlines.
2) They dont move or need to be adjusted when price wiggles. Price is either above or below thats it.
3) They measure price movement relative to time. 1×2 is one unit of time to two units of price.
4) They are a great addition to other … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Growth & Income Stock: AMCOL International Corporation

Posted: 21 May 2012 11:18 PM PDT

Estimates have been rising for AMCOL International Corporation (NYSE:ACO) after the company delivered a strong first quarter earnings beat on April 27.
It is a Zacks #2 Rank (Buy).
Based on current consensus estimates, analysts project 14% EPS growth this year and 12% growth next year. On top of this, the company pays a dividend that yields a solid 2.5%.
And valuation is attractive too, with shares trading at a discount to their historical median on both a price/earnings and price/book value … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bear Of The Day: ArcelorMittal (MT)

Posted: 21 May 2012 11:18 PM PDT

We are maintaining our Underperform recommendation on ArcelorMittal (NYSE:MT) following our assessment of its first-quarter 2012 results. Earnings missed the Zacks Consensus Estimate while revenues beat the forecast.
The company’s net debt climbed by roughly $1.1 billion in the quarter. ArcelorMittal also reduced its growth outlook for steel and announced a few divestments including the sale of its steel foundation distribution business to Nucor Corporation. These divestments are a part of the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Bull Of The Day: Pool Corporation (POOL)

Posted: 21 May 2012 11:17 PM PDT

Pool Corporation’s (NASDAQ:POOL) first-quarter 2012 earnings outperformed the Zacks Consensus Estimate. The company is a recognized leader in the industry. The potential for market growth is significant and cost-containment initiatives augur well for the business.
Pool’s results reflect continued growth in its once-struggling green business. Amid a tough business environment in terms of weak growth in new pool constructions and faltering consumer confidence, Pool’s revenue has been marching ahead … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Momentum Stock: Ellington Financial LLC

Posted: 21 May 2012 11:17 PM PDT

Shares of Ellington Financial LLC (EFC) have been trending higher and have gained almost 23% since the beginning of the year. This mortgage investment company, which became a Zacks #1 Rank (Strong Buy) on May 12, is near its 52-week high.
On May 7, Ellington Financial reported first quarter 2012 net income of $32.1 million, compared with the last year's income of $11.1 million. Net investment income of 65 cents per share was up 3% from 63 cents recorded in the prior-year quarter. However, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Aggressive Growth Stock: Teradata Corp

Posted: 21 May 2012 11:17 PM PDT

Teradata (TDC) has posted four straight positive earnings surprises and is now a Zacks #1 Rank (Strong Buy).
Company Description
Teradata Corporation provides analytic data solutions worldwide. The company offers various data warehousing solutions is comprised of software, hardware and related business consulting and support services. Further, the company provides consulting services, such as data warehousing business impact modeling, design, architecture, installation, implementation, and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

FutureFuel Reports First Quarter Results. Chemicals Gross Margin Holds Steady Despite Decline In Revenue.

Posted: 21 May 2012 09:37 PM PDT

FutureFuel reports first quarter results. Chemicals gross margin holds steady despite decline in revenue.
Ian Gilson, CFA

FutureFuel Corp. (FF) reported its first quarter 2012 results on May 9, 2012. Revenue was ahead of our forecast due to an increase in regular diesel fuel sold that moved biodiesel sales ahead of our estimate. Chemical revenue was close to our estimate.

Pretax income was $12.0 million (Our estimate was $12.5 million) and adjusted EBITDA was $16.6 million as compared to $4.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Pacific Ethanol Reports First Quarter Results. Demand Is Picking Upon A Seasonal Basis

Posted: 21 May 2012 09:17 PM PDT

Pacific Ethanol reports first quarter results. Demand is picking upon a seasonal basis
Ian Gilson, CFA

Pacific Ethanol (PEIX) reported its first quarter earnings on May 10, 2012. Due to the seasonal decline in volumes of gasoline sold in California, excess inventory of ethanol statewide and some ethanol pulled into 4Q11 to take advantage of the tax credit, the price of ethanol declined significantly in the start of 2012.. However, the cost of corn, the major raw material, did not decline as … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Losing The Buzz

Posted: 21 May 2012 06:26 PM PDT

Despite the sharp sell-off in share prices we’ve seen over the past five weeks (notwithstanding today’s bout of irrational exuberance), the divergence between equity and credit markets remains remarkably wide.

But my guess is, just as we saw back in 2011 — and, in fact, many, many times before that — we should see the gap continue to narrow as the hopium buzz wears off and equity traders finally become cognizant of the reality their fixed-income counterparts have already cottoned on … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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