Tag: featured

Silver Near a 31-Year High

Silver Near a 31-Year High

Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Cotton Closes Above $2 per Pound as Market Remains in Chaos

Filed in commodities, New Gold, o, South African Gold, Spot Gold by on February 18, 2011 0 Comments
Cotton Closes Above $2 per Pound as Market Remains in Chaos

Filed under: Major Movement , Industry , Market Matters , Commodities , Agriculture The cotton market is in a state of chaos. On Friday, March cotton on the ICE exchange closed at $2.1102 per pound, up the 7 cent daily limit, the Financial Times reported. The market opened limit up at $2.1102. That means that you cannot buy cotton even if you wanted to. The market is frozen. Commodities are much different from stocks. Commodities are a zero sum game. Contracts usually last for three months. At the end of the three months, the longs take delivery from the shorts who deliver their cotton, and zero contracts are left. Continue reading Cotton Closes Above $2 per Pound as Market Remains in Chaos Cotton Closes Above $2 per Pound as Market Remains in Chaos originally appeared on BloggingStocks on Fri, 18 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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FedEx (FDX): Still Set to Deliver?

Filed in Bank Gold, EPS, euro, Guidance, o, ubs by on February 16, 2011 0 Comments
FedEx (FDX): Still Set to Deliver?

Filed under: Newsletters , FedEx Corp (FDX) , Stocks to Buy “It’s not too often that a company lowers its guidance and the stock rises, but such is the case with FedEx ( FDX ),” says Geoffrey Seiler . The editor of BullMarket .com explains, “The company cut its fiscal Q3 guidance; but given the terrible weather, which impacted a number of airports across the U.S. and Europe, and higher fuel costs, it was largely expected. “The package delivery firm now expects to produce adjusted EPS of 70-90 cents, down from prior guidance of 95 cents to $1.15. Analysts were expecting EPS of $1.04 for the quarter. Continue reading FedEx (FDX): Still Set to Deliver? FedEx (FDX): Still Set to Deliver? originally appeared on BloggingStocks on Wed, 16 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Tech Expert Eyes QuickLogic (QUIK)

Filed in Bank Gold, Guidance, Lear, o, revenue, shares, ubs by on February 15, 2011 0 Comments
Tech Expert Eyes QuickLogic (QUIK)

Filed under: Newsletters , Stocks to Buy “QuickLogic ( QUIK ) recently reported fourth quarter revenue slightly below its revised guidance, and forecast that Q1 new product revenue would be down roughly $100K,” notes tech sector specialist Paul McWilliams . In his Next Inning newsletter, he explains, “Both are clearly disappointing pieces of news. However, as I see it, the disappointment ends there, and I continue to own these shares. “The semiconductor company makes products that enable customers to add new features, extend battery life and enhance images on mobile and consumer products. Continue reading Tech Expert Eyes QuickLogic (QUIK) Tech Expert Eyes QuickLogic (QUIK) originally appeared on BloggingStocks on Tue, 15 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Card Readers to Generate $11 Billion in Sales

Filed in Apple, AT T, E Reader, o, South African Gold, Spot Gold by on February 14, 2011 0 Comments
Card Readers to Generate $11 Billion in Sales

Filed under: Intuit Inc (INTU) , VeriFone Holdings (PAY) , Smartphones , Technology New technology spawns still more technology. Such is the case with smart phones. Entrepreneurs have found a way to facilitate buying with your smart phone. Companies like Intuit ( INTU ) and VeriFone ( PAY ) have created a card reader that can be inserted into your iPhone ( AAPL ) or other smart phone. Then you can swipe a credit card through the reader and use it to make online purchases. The potential of this new technology is enormous. Analysts estimate that the industry will grow to $11 billion this year. Continue reading Card Readers to Generate $11 Billion in Sales Card Readers to Generate $11 Billion in Sales originally appeared on BloggingStocks on Mon, 14 Feb 2011 09:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Commodity ‘Boom’ Boosts Rio Tinto (RIO)

Commodity ‘Boom’ Boosts Rio Tinto (RIO)

Filed under: International Markets , Newsletters , Rio Tinto plc ADS (RTP) , Commodities , Stocks to Sell “London-based Rio Tinto ( RIO ) is one of the largest and most diversified mining companies in the world; ith the potential to reward shareholders with increased dividends and share buybacks, Rio is a buy for investors seeking exposure to booming commodity markets,” says Paul Tracy . The editor of High Yield International explains, “Rio’s operations are located in Australia, North and South America, South Africa, Europe and Indonesia. Its strategy is to concentrate on the development of large, high quality mineral deposits and become a low-cost producer for each commodity. Continue reading Commodity ‘Boom’ Boosts Rio Tinto (RIO) Commodity ‘Boom’ Boosts Rio Tinto (RIO) originally appeared on BloggingStocks on Fri, 11 Feb 2011 10:45:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Coca-Cola’s Earnings Surge

Filed in acquisitions, Coca Cola, earnings, EPS, New Gold, o, revenue, Spot Gold by on February 10, 2011 0 Comments
Coca-Cola’s Earnings Surge

Filed under: Earnings Reports , Coca-Cola (KO) , PepsiCo (PEP) Last year, Coca-Cola ( KO ) acquired Coca-Cola Enterprises’ North American bottling operations. In addition, volume in North America rose 3%, excluding acquisitions and the currency impacts. These two factors gave the company an outstanding quarter. The company has taken market share from its rival PepsiCo ( PEP ). Coca-Cola reported Wednesday earnings of $5.77 billion, or $2.46 a share, up from $1.54, or 66 cents per share, a year ago, according to The Wall Street Journal . Excluding benefits from bottling acquisition, earnings were 72 cents a share. Revenues increased 40% to $10.5 billion, and were up 45% excluding currency impacts. Gross margins fell to 59.2% from 64.7%. Continue reading Coca-Cola’s Earnings Surge Coca-Cola’s Earnings Surge originally appeared on BloggingStocks on Thu, 10 Feb 2011 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Four Plays on 3-D: IMAX, RLD, DLB, TDSC

Filed in Bank Gold, o by on February 9, 2011 0 Comments
Four Plays on 3-D: IMAX, RLD, DLB, TDSC

Filed under: Newsletters , Stocks to Buy “In only a few years, 3-D will have a third of the TV market and a sizable chunk of the box office. I have no doubt that this will be one of the ‘Next Big Things’,” suggests Andy Obermueller . The editor of Game-Changing Stocks explains, “Here, I review the overall market as well as the four best stock plays in the sector. I see each of these stocks as having serious growth potential as 3-D technology takes off. “3-D functionality is becoming increasingly available on many high-end TVs. Last year was the first year that 3-D TVs were available; manufacturers sold 3.2 million 3-D sets vs. 247 million HDTVs. Continue reading Four Plays on 3-D: IMAX, RLD, DLB, TDSC Four Plays on 3-D: IMAX, RLD, DLB, TDSC originally appeared on BloggingStocks on Wed, 09 Feb 2011 10:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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NetEase (NTES): China’s Expanding Internet

Filed in Bank Gold, o, revenue, shares, Yahoo by on February 8, 2011 0 Comments
NetEase (NTES): China’s Expanding Internet

Filed under: International Markets , China , Newsletters , Stocks to Buy “NetEase ( NTES ) fits right into the theme of rapidly expanding Internet revenues and profits in China,” says Jim Trippon . The editor of the China Stock Digest explains, “At least 450 million Chinese are now online. Online gaming has 265 million users and is expected to gross over $4 billion over the past year. “This company has a wide offering of products, even though it is mostly known to western investors as a gaming platform. In fact, NetEase falls into all of the major categories of web revenue generation with significant ad sales, a home page service similar to Yahoo, email, search and a new online B2C (business to consumer) shopping presence. Continue reading NetEase (NTES): China’s Expanding Internet NetEase (NTES): China’s Expanding Internet originally appeared on BloggingStocks on Tue, 08 Feb 2011 13:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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LDK Solar (LDK): ‘One Stop Shop’

Filed in Bank Gold, commodities, o by on February 7, 2011 0 Comments
LDK Solar (LDK): ‘One Stop Shop’

Filed under: International Markets , Newsletters , Commodities , Oil , Stocks to Buy , Green Stocks “The trick within the solar sector is to home in on the stock within the group that has the best shot at putting on a great show,” says Paul Goodwin . The editor of Cabot China & Emerging Markets Report explains, “And we think that stock is LDK Solar ( LDK ), a company that is displaying and forecasting some of the most dynamic growth of any company we follow — solar or not. “LDK Solar got its start in 2005 and came public during the glory days of 2007-the stock nearly tripled from its IPO in June to its top that fall. The company’s claim to fame was its polysilicon and ingots, two of the base supplies needed to make most solar cells and modules. Continue reading LDK Solar (LDK): ‘One Stop Shop’ LDK Solar (LDK): ‘One Stop Shop’ originally appeared on BloggingStocks on Mon, 07 Feb 2011 13:10:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Why Economists Are Not Popular

Filed in BP, deflation, Ford, o, silver, US Dollar by on February 7, 2011 0 Comments

One of the many reasons why economists are unpopular is that they keep reminding people that things have costs, that there is no free lunch. People already know that — but they like to forget it when there is something they have their hearts set on. Economists don’t have to say anything when people are buying things at a shopping mall or at an automobile dealership. The price tags convey the situation in unmistakable terms. It is when people are voting for nice-sounding things which politicians have dreamed up that economists are likely to point out that the costs ignored by politicians are going to have to be paid, one way or another — and that you have to weigh those costs against whatever benefits you expect. Who wants to put on green eye shades and start adding up the numbers when someone grandly proclaims, “access to health care for all” or “clean air” or “saving the environment”? Economists are strictly party-poopers at times like these. They are often gate crashers too, since usually nobody asked them how much these things would cost or even thought about these issues in such terms. Some of the more persistent or insensitive economists may even raise questions about the goals themselves. How much health care at the taxpayers’ expense? In Britain, a 12-year-old-girl was given breast implants. That much health care? Meanwhile, Britain’s skyrocketing medical costs of taking care of things that people would never have spent their own money to take care of forced cutbacks and delays in more urgently needed medical treatments. One woman’s cancer operation was postponed so many times by the British health service that, by the time the system could take her, the disease was now too far gone for medical help — and she died. Economists could have told anyone in advance that making things “free” causes excessive use by some, leaving less for others with more urgent needs that have to remain unsatisfied. Rent control, for example, has led to more housing being occupied by some, who would not have paid the …

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Blinder Understates Cost of Carbon Tax

Filed in AMAG, BP, deflation, economy, job creation, lead, Lear, New Gold, o, Spot Gold by on February 4, 2011 0 Comments

In a recent article in the Wall Street Journal , Alan Blinder listed numerous alleged benefits of a phased-in carbon tax. Out of his entire column, he devoted a single sentence to the possible downside of his plan when he wrote, “No one likes to pay higher taxes.” A more balanced assessment shows that a carbon tax presents very real dangers, even if we rely on the same economic analysis that so enthralled Blinder. Spurring Innovation through Higher Taxes? Here’s Blinder explaining the economic benefits of a carbon tax that starts out low, but will eventually become quite steep: “Once America’s entrepreneurs and corporate executives see lucrative opportunities from carbon-saving devices and technologies, they will start investing right away — and in ways that make the most economic sense. I don’t know whether all this innovation will lead to 80% of our electricity being generated by clean energy sources in 2035, which is the president’s goal. But I can hardly wait to witness the outpouring of ideas it would unleash. The next Steve Jobs, Bill Gates and Mark Zuckerberg are waiting in the wings to make themselves rich by helping the environment.” We should also be clear that Blinder’s argument for job creation does not rely on the “negative externalities” of carbon emissions. Earlier in the piece, he made a list of the “few nice side effects” that would result from a carbon tax: “reducing our trade deficit, making our economy more efficient, ameliorating global warming …” Because he puts global warming at third in the list, we see that there is nothing peculiar to greenhouse gases behind his main argument for job creation. No, Blinder is making the simple observation that if the government imposes artificial costs on the…

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