Tag: auto

Tenneco (NYSE:TEN), Dana Holding (NYSE:DAN), Lear (NYSE:LEA), ArvinMeritor (NYSE:ARM) Among Barclays’ Auto Favorites,

Even after a strong 2010 Barclays (NYSE:BCS) says they believe the auto sector could have more room to grow, including their favorites Tenneco (NYSE:TEN), Dana Holding (NYSE:DAN), Lear (NYSE:LEA) and ArvinMeritor (NYSE:ARM), as well as Ford (NYSE:F) and GM (NYSE:GM). Barclays said, “Even after strong 4Q10 and YTD 2011 performance auto stocks may have room for further strength. Based on our

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Market Wrap-Up for Dec.28 (GM, MCP, REE, more)

Filed in commodities, dividend, economy, General Motors, Gold, Gold Investing, lead, o, silver by on December 28, 2010 0 Comments

As I mentioned yesterday, we are seeing lots of trading activity in stocks that have a bit of a speculative tone to them this last week of the year. Why are we noticing it more? Because there are many retail investors home the last week of the year (vacation time for many) and starving for action. The rare earth stocks had a crazy day of trading (MCP, REE) on news China is trimming exports of rare earth supplies. The stocks rallied big early on, but word of production delays made both names tumble off the intraday lows. You have to remember that these companies have yet to make a profit and are highly volatile trading instruments. As for other news on commodities, gold, oil, and silver are moving higher as well. I worry about the effects ramping commodity prices will have on corporate profits as the economy tries to stabilize further into 2011. Companies are not hiring now while things are going well, so what will happen if commodity costs eat into margins. The bounce-back in the jobs market is still a concern for me, because at some point, the ability for the market to ignore this key fact will certainly be tested. Everyone is clamoring for housing prices to bounce, but data out this morning paints a continued ugly picture. The S&P/Case-Shiller index of property values fell 0.8 percent from October 2009, the biggest year-over-year decline since December 2009, the group said today in New York. Economists had only expected a 0.2 percent drop. I still see homes as mostly vehicles for people that are looking for a place they want to live. The old-fashioned way and most reliable way to make money in real estate is to buy income-producing properties where the numbers work and you are actually making money each month (rents cover all the expenses and you can put some money in your pocket). Wall Street analysts all put in a good word for General Motors ( GM ) today as many initiated positive ratings following the auto manufacturer’s recent IPO. December has been a solid month for the market with very few down days. As a matter of fact, the S&P has closed higher 16 of the 19 trading sessions this month. Volume has not been as strong as previous months, so take that as a bit of caution as the new year gets set to roll in. A pullback in January would certainly be welcome for some of our higher-yielding recommendations. It would be great for investors to get into high quality dividend names at even better entry points. The key to building long

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Market Wrap-Up for Nov.17 (TGT, COH, QCOM, MA, more)

Filed in Debt, dividend, earnings, Gold Investing, lead, o, revenue, shares by on November 17, 2010 0 Comments

Everywhere you turn, there is non-stop buzz for tomorrow’s General Motors IPO. You would think the future of our markets were riding on a successful first day for the auto manufacturer. It’s amazing how quickly the sentiment can change for a company that no one wanted to touch the last couple of years. It is typical of the media going bonkers over this type of story. After all, how often do you see the infatuation in the media regarding valuations being paid for start-ups these days that have not made a profit, and in many cases, not even produced any revenues? For GM workers, I hope any stock success can stabilize the company’s recent need to lay off scores of employees. As for us, we will look to see if any dividend information begins to come over the wires in due time. Once the GM story passes, the next big deal will focus on next week and retailers. Again, the media will be out in force, covering the malls as if the economic turnaround will be decided strictly on the lines at stores on Black Friday (the day after Thanksgiving). We continue to look at the longer-term picture and push the idea of saving more and investing more. If the job market can pick back up, we will be even pushing the idea of working more (second jobs too!), as many people attempt to play catch-up with their retirement nest egg. In the past 12 months, total consumer debt has fallen 2.9% to $2.412 trillion from $2.484 trillion in September 2009. Debt is still a big concern for many, but at least the levels are dropping and headed in the right direction. Looking at today’

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The Only Good Vote Is a Non-Vote

Filed in deflation, New Gold, Spot Gold, US Dollar by on November 3, 2010 0 Comments

A reminder to all those trigger-happy voters out there: Remember, a vote of no confidence is still a vote and, for true freedom lovers, perhaps the most important one of all. To this editor’s mind, the only way to avoid being complicit in the crimes the victorious party will inevitably commit is to wash your hands of the whole affair. Vote with your feet, in other words…by walking away from the ballot box and tending instead, as Voltaire might say, to your own garden. That way the next time the Republocrats decide to dip into your kiddies’ savings account to prop up this or that corrupt financial institution or to start a greasy war to “win hearts and minds” in some far off land, at least you’ll know they didn’t do it with your implicit backing. As Doug Casey pointed out recently, “I think it’s like they said during the war with Viet Nam: suppose they had a war, and nobody came? I also like to say: suppose they levied a tax, and nobody paid? And at this time of year: suppose they gave an election, and nobody voted? “The only way to truly de-legitimize unethical rulers,” the International Man went on to say, “is by not voting. When tin-plated dictators around the world have their rigged elections, and people stay home in droves, even today’s ‘we love governments of all sorts’ international community won’t recognize the results of the election.” Those looking to affect real change in the system, therefore, might wish to start by refusing to support the existing one. Just a thought… But by wading into politics we’ve digressed from our non-stated mandate; strayed from our usual beat. Wait! No we haven’t! More and more these days do the spheres of politics and economics overlap. Both can and do seriously impact your money. And that’s what these pages are about: your money and, at least of equal importance, your money as a means to achieve your personal freedom. Welfare/warfare states aren’t cheap to run…There are bombs to make, bases to build and banks to bail out. Then think of all the people the government pays not to work…the 42 million mouths- worth of food stamps…the money to bribe people to trade in their old cars for new ones…and, of course, the cash to hand directly to the auto companies themselves! This is by no means an exhaustive list, of course. A “good” politician is never short of something to sell. A new scheme, scam or the like. Let this racket run long enough and pretty soon plasma television ownership becomes a “basic human right” and the overreaching arm of the state takes

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Paul’s Tips on Car GAP Insurance

Filed in ceo, dividend, Gold Investment by on September 7, 2010 0 Comments

We don’t hear much about gap insurance, but it is a common expense for people that finance a car. Gap insurance covers the gap, or difference, between your car’s actual value and what you still owe on it, in the event it is stolen or totaled in an accident. Most lease contracts already include GAP coverage, but check to be sure it’s in the lease agreement. If you are considering purchasing gap insurance from the dealer, you may want to consider checking with your existing auto insurance policy to see if you are already covered. If not, you still may actually get a better deal from your auto insurance carrier anyway. Dealers will usually offer car gap insurance at the time of your purchase, often rolling it into your monthly car payment. However, the cost is almost always higher than if you obtained the coverage on your own. Also, be sure to understand what’s covered and excluded in your policy. I personally hate the process of going to the dealer to buy a car, but I know many enjoy the endless time spent going gaga over the different styles and options available these days. If only people gave their finances this sort of attention, then they wouldn’t be worrying about they’re going to afford the monthly payments after bringing that new car home. Paul Rubillo is the founder and CEO of Dividend.com. Be sure to visit our complete recommended list of the Best Dividend

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Car Accident Checklist to Avoid Financial Pains Later

Filed in ceo, dividend, Gold Investing by on September 1, 2010 0 Comments

It’s an unfortunate thing to think about, but more often not, people are not in any stable state of mind immediately following a car accident. Everyone should keep a list of what to do if you are unfortunately involved in any sort of car accident. Here are the key things you will need to get to avoid any complications with your insurance company. – Keep your auto insurance information in the glove compartment, including a pre-printed form or plain piece of paper allowing you to provide the particulars of any accident. – It is important to limit your discussion of the accident and not to admit any fault or liability. You should talk about the accident with the police and your insurance agent only. – Wait for the police to come and be sure you have the name of the officer(s) and that they have your version of what happened. – Exchange names, addresses, driver’s license and insurance information with the driver of the other car. – Call your agent or insurance company’s 800-number immediately, even at the scene with the police if possible. Sometimes the police officer can give your insurance company more accurate information rather than information you may not be recording properly because you are upset by the accident. – Take pictures of all vehicles involved (today’s version of cell phones are equipped with built-in cameras fortunately). – Review your policy to make sure you’re getting everything you’ve paid for. If you don’t understand any part of your policy or claim, call your insurance company for a thorough explanation. You may be entitled to a loaner car if your car is undriveable. – Insurance companies often try to give you estimates of losses that are lower than your actual losses. Don’t accept their estimates without getting some estimates of your own. Keep this list of things to do handy and make sure all the drivers in your family understand them clearly. Auto accidents take a tremendous toll on everyone emotionally and of course financially. Limit the mistakes you may make so that you won’t get hit too hard in the pocket afterwords. Paul Rubillo is the founder and CEO of Dividend.com. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Renters Insurance is Not an Expensive Proposition

Filed in ceo, dividend, Gold Investment by on August 30, 2010 0 Comments

If you are a young couple that is ready to take on the responsibility of paying your own way, renting a place is most likely the logical option to consider. Insurance companies cover the structure for the owner, but should a disaster occur, the goods inside are not covered. This is why it makes sense to inquire about renters insurance. You can first talk to your auto insurance company to see if they offer it, possibly netting you a multiple-insurance coverage discount. Depending on your living space and possessions, basic policies usually cover anywhere from $10K and up, and could run in the $15-$25 a month price cost area. The location of your apartment can also affect the cost of renters insurance. Some policies charge more because of the possibility of flood damage, or even earthquakes. Also, if you have expensive jewelry, you may need to add a special rider to your paperwork. Be sure find out if having pets causes any sort of changes in what the policy will protect you from (lawsuits, for example, if your dog bites someone). Also inquire about any discounts you can receive if you have an alarm system or other security measures. No one ever wants to have to use insurance, but it certainly offers valuable protection against the occasional mishap. A small ongoing investment in an insurance policy can save a ton of money in the long run. Paul Rubillo is the founder and CEO of Dividend.com. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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What’s the Fed to Do?

There’s no recovery… There’d have to be improvement in our economic foundation to justify that… and there’s not. I don’t care what that Fed fool, Bernanke says. Hell, Christina Romer, chairwoman of the White House Council of Economic Advisers, even knew that. And she was smart enough to quit before that brutal unemployment report was issued… well aware that her February 2009 report, “The Job Impact of the American Recovery and Reinvestment Act” was nothing more than a disastrous pipe dream. Remember – It was that very report that got Americans believing that an $862 billion stimulus bill would help unemployment level out below eight percent last year and hit seven percent… around now. But that stimulus was nothing more than a waste of money that has created no jobs, economic growth, or really… much of anything, but drain Americans of much-needed cash to stay afloat. Tack on the expiring Bush tax cuts and it’s easy to see why corporate America and its consumers are hoarding the very cash that could fuel economic expansion. Truth is, our economy is not recovery. It never was. Unemployment – closer to 20% than 10% is worsening. Confidence in our Congress has plummeted. And confidence in our own President is waning over excessive government spending. What’s the Fed to do? The Fed’s options are a bit limited because of a zero interest rate policy. While these rates can’t go any lower, the Fed could always hint at a short-term rate near zero longer than an extended period comment it’s used since 2009. They could hint at resuming purchases of Treasury debt or mortgage-backed bonds… as a start. But they could also just do nothing, leaving the ammunition for when things get really bad. Remember – it was only a week ago that Bernanke said he expected the “recovery to continue, and indicated it may gather steam over time as consumer spending growth is likely to pick up in coming quarters, helped by gains in income and better access to credit,” according to the Wall Street Journal. And it was only a month ago that he said the Fed is “not prepared to take any specific steps in the near term particularly since we’re still also evaluating the recovery and the strength of the recovery.&rdquo…

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Obama’s Ex-Auto Czar Says GM May Have Stretched Truth About Loan Repayment

Filed in economy, gld, Gold, Gold Spot Market by on May 12, 2010 0 Comments

President Obama’s former auto czar has nothing but praise for General Motors’ new chief executive, Ed Whitacre, but he acknowledged this week that the auto giant may have “slightly elasticized the reality of things” by airing an ad claiming it had repaid its government loans “in full.” WRH permalink

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Chinese Clean Energy Stocks

Filed in euro, Gold, GOld juniors, shares by on April 14, 2010 0 Comments
Chinese Clean Energy Stocks

Editor’s Note: For months now, several of our editors have covered these pages with the resounding theme that we are being beaten in the energy game by China. China has consistently been investing more federal dollars into renewable energy and cleantech advancements. Chinese battery, solar, wind, and auto production are all out-pacing domestic growth and innovation. Now, we could sit around and lament the fact that the Middle Kingdom is out front by a growing margin in the energy race. We could pinpoint American pitfalls and compare policy goals for future energy efficiency across the board… Or, we could wise up and pay attention to the money that will be on the table as a direct result of China’s progress in the sector. Editor Nick Hodge has covered China’s cleantech market extensively. The article I want to share with readers today sums up China’s domination of a cash-rich cleantech trifecta, and points out that those who know about it first— and take action based on this knowledge — will profit handsomely. Profitably yours, Brian Hicks —————————— Made in China: The Cash-Rich Cleantech Trifecta by Nick Hodge The next China-fueled cleantech cash machine is being built right now. And those who know about it first — and act on it— will walk away with fortunes. I know this because it’s already happened twice before… Advertisement T he “New” War That Could Rocket Oil Past $220 Before 2011 This shocking conflict is eight times bigger than the wars in Iraq or Afghanistan. It’s also lethal enough to at least DOUBLE the price of gas and oil before 2011 … Bunker down against soaring energy costs with the ONE “safe haven” financial plan that could pay you gains up to 668%. Read the full report . http://agorafinancial.com/reports/OST/NewWar/OST_NewWar2010AR.php?code=LOSTL400 The Chinese Solar Cash Machine The modern solar industry was cradled in Germany. It was the first country to offer robust incentives for solar installations, and now boasts the largest solar market in the world. (See, solar can thrive anywhere.) And while that world-leading market was developing, German solar companies were on top of the world… In early 2006, as the solar market really got underway, German companies like Q-Cells (XETRA: QCE) and SolarWorld (XETRA: SWV) doubled shareholders’ money inside of two months. Take a look: But the Chinese are great at reverse engineering, and when they saw how much money was being made— and how they could use solar in their own country— they quickly took action. In less than a year, multiple Chinese companies entered the market. Aided by cheap labor and relaxed government regulation, these companies were quickly able to steal market share from the Germans. And while a few German companies had doubled investors’ money in early 2006… by the end of 2007, there were several Chinese solar firms that had tripled in value or better: Those companies would go on to supply not only Germany, but also the rest of Europe, China, and even the United States. Of course, we were advising premium Green Chip members of this situation as it unfolded, and many walked away with triple-digit gains in hand. But…

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Ford Motor Co. (NYSE: F): Well Positioned For Next Boom

Filed in Debt, Gold Prices, silver by on March 20, 2010 0 Comments

The rally in Ford (NYSE: F) shares shows no signs of slowing down. Shares of the company have climbed over 20% over the past one month and are up about 535% year-over-year. The auto maker is …

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Crawling forward

Filed in Gold, Gold Prices by on March 2, 2010 0 Comments
Crawling forward

Another month of weakly improving auto sales. Data source: Wardsauto.com February marked the third month in a row that U.S. light vehicle sales exceeded their levels from the year before. But a year ago things were awful, and the improvements have yet to gain much steam. On a seasonally adjusted basis, we’re not making any progress from December. Source: Calculated Risk These overall trends hide big differences across individual firms, with the Wall Street Journal reporting that February sales for Ford were up 43% over the previous year, while those for Toyota were down 8.7%. Perhaps the woes of Toyota were a factor depressing the February total, and perhaps weather also played a role. Whatever the explanation, auto sales so far this year remain 40% below the average seen for January and February over 2005 to 2008.

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