Another good day for the markets kept trading strategy targets and stops rolling higher. If you are interested in any of these a href=”http://www.zignals.com/main/trading_strategies/market_trading_strategies.aspx”trading strategies/a they can be found in the a href=”http://www.zignals.com/main/trading_strategies/market_trading_strategies.aspx”trading strategy MarketPlace/a. You can also build your own trading strategy using our a href=”http://www.zignals.com/main/trading_system/trading_system.aspx”trading system/a builder.br /br /bBSE Zignals/b br /br /New Long Target and Stop for GACM (Mumbai) at INR115.9 (EoD): Target INR129.6, Stop INR106.0 on 10 Mar 10br /New Long Target and Stop for ACC (Mumbai) at INR1010.8 (EoD): Target INR1118.7, Stop INR915.3 on 10 Mar 10br /br /bDeveloping a Strategy /bbr /br /Long Exit at Profit Target for C (NYSE) at $3.96 (EoD) on 10 Mar 10br /br /bFrankfurt High Winners /bbr /br /Long Confirmation Entry for WIN (Frankfurt) at €49.80 (EoD) on 10 Mar 10br /New Long Target and Stop for DEZ (Frankfurt) at €4.19 (EoD): Target €4.51, Stop €4.08 on 10 Mar 10br /New Long Target and Stop for RHM (Frankfurt) at €51.25 (EoD): Target €56.65, Stop €48.93 on 10 Mar 10br /New Long Target and Stop for PRAF (Frankfurt) at €6.61 (EoD): Target €7.43, Stop €6.41 on 10 Mar 10br /br /span class=”fullpost”bIndia Oak/b br /br /Short Confirmation Entry for CAIRN (Mumbai) at INR269.1 (EoD) on 10 Mar 10br /br /bIndian High Winners /bbr /br /Long Exit at Trailing Stop for ZEE (Mumbai) at INR267.4 (EoD) on 10 Mar 10br /br /bIndian Strength/b br /br /Long Unacted Entry for NTML (Mumbai) at INR367.7 (EoD): Entry signal given, but exited position on same stock too recently (14) days ago. on 10 Mar 10br /Long Entry for HALC (Mumbai) at INR161.3 (EoD) on 10 Mar 10br /br…

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Zignals Trading Strategies That Work; March 11th.

The market has been grasping at straws with little data to use as fodder, especially in the North American trading sessions. Risk-on, risk-off has been moving on hearsay. China may decouple the Yuan from the …

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Greek’s woes passé?

The world’s largest computer maker Hewlett-Packard Company ( HPQ ) recently came out with a revised version of its first quarter 2010 earnings, whereby the company lowered its net profit by $73.0 million, providing for litigation expenses to be paid by its subsidiary, Electronic Data Systems (EDS).   In February 2010, HP reported first quarter net income of $2.32 billion, or 96 cents a share, which is now revised downwards at $2.25 billion, or 93 cents a share. HP has used these 3 cents to increase the reserve in connection with the litigation expenses expected to be incurred by EDS. Excluding these adjustments income was revised to $2.59 billion, or $1.07 a share, a reduction from the previously reported non-GAAP earnings of $2.67 billion, or $1.10.   Hewlett-Packard, in its media statement declared that this fund is required by the company’s subsidiary Electronic Data Systems, which is liable to pay $112.0 million to the British Sky Broadcasting Group PLC of U.K. British Sky Broadcasting filed this suit against EDS in 2004 over a dispute related to a customer management contract. HP has already made a payment of $320 million in relation to the case. Although this is a slightly negative development for the computing major, the company did not provide any revised guidance for the second quarter, and has kept the previous revenue guidance intact at $29.4 billion to $29.7 billion; with a GAAP diluted EPS of $0.89 to $0.91 and non-GAAP diluted EPS of $1.03 to $1.05.  The Zacks Consensus Estimate for the upcoming quarter is $1.05, exactly same as the most accurate consensus estimate, leaving no room for an upside movement. Although the company has provided an average earnings surprise of 1.92% over the last four quarters, this litigation could put some pressure on the EPS, if continued for a long period. ( We are reissuing this article to correct a mistake.  The original article, issued yesterday, should no longer be relied upon .)     Read the full analyst report on “HPQ” Zacks Investment Research

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H-P Recasts First Quarter Numbers (Revised) – Analyst Blog

Toyota Motor ( TM ) has revealed that it may halt new car launches this year if it is unable to be fully satisfied with correcting the accelerator problem that forced a mass recall of its vehicles. The cars that might be shelved include RAV4 2010, Auris 2010 and the Auris Hybrid. However, the Japanese automaker is hopeful about regaining sales in North America in March after a sharp decline last month when the automaker suspended sales of 8 recalled models. In January, Toyota suspended the sale of 8 models to correct sticking accelerator pedals. The models affected in the sales suspension were RAV4 crossover (2009–2010), Corolla (2009-2010), Matrix (2009–2010), Avalon (2005–2010), Camry (2007–2010), Highlander (2010), Tundra (2007–2010) and Sequoia (2008–2010). So far, Toyota has recalled 8.5 million vehicles. In February, the automaker’s sales fell 9% to 100,027 vehicles. According to Autodata Corp., the automaker’s U.S. market share fell to 12.8%, the lowest since July 2005. The latest string of recalls has no doubt hurt the reputation of the automaker. The company has been slapped with dozens of lawsuits due to the recall. The value of claims under the lawsuits is estimated to reach about $4 billion, reflecting an average loss of $600 per vehicle. Kelley Blue Book — the largest automotive vehicle valuation company in the U.S. — which considered Toyota the best brand as per the resale value two months ago, has stated that its resale value is now worth $200 to $500 less per recalled model (a decline of 1%–3%). Auto research website Edmunds.com estimated resale or trade-in values to fall up to

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Toyota May Suspend Launches – Analyst Blog

ProLogis ( PLD ), a leading global provider of distribution facilities, recently launched a cash tender offer to buy back notes with outstanding principal totaling over $540 million. The offer includes 5.5% notes due Apr 2012 and 5.5% notes due Mar 2013, with approximately $281 million and $262 million in outstanding principal, respectively. In addition to the accrued and unpaid interests, the consideration payable for the 2012 Notes is $1,062.50 per $1,000 principal amount, while that payable for the 2013 Notes is $1,065.00 per $1,000 principal amount. With the tender offer, ProLogis has deleveraged its balance sheet to a large extent.  Year to date, ProLogis has repurchased $165 million of convertible senior notes for total consideration of $152 million. During the same period, ProLogis has issued about 2.2 million common shares at an average price of $12.76 each, generating net proceeds of approximately $28 million. ProLogis owns and manages interests in over 2,500 distribution facilities spanning 475 million square feet (including properties under development) of space. In response to the economic realities of constrained credit and rapidly deteriorating industrial real estate fundamentals, ProLogis has stopped all new development starts and early-stage developments. The company is currently concentrating on increasing its liquidity and de-leveraging its balance sheet. Read the full analyst report on “PLD” Zacks Investment Research

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ProLogis to Buy Back Notes – Analyst Blog

Honeywell International Inc. ( HON ) announced that it has bagged a global five-year agreement to be a Main Automation Contractor (MAC) for Royal Dutch Shell ( RDS-A ). The Global Framework Agreement is part of Shell’s long-term MAC strategy to maximize production while lowering total operating costs by equipping its worldwide facilities with integrated process automation technologies.   As a MAC, Honeywell will design automation and safety systems that will help Shell meet its customers’ energy demands in economically and environmentally acceptable ways.   For more than thirty years, Honeywell has served as a MAC on scores of Shell projects. Currently, the company is working on three of Shell’s largest projects: its new gas to liquids project (GTL) plant in Qatar, the Athabasca Oil Sands Project (AOSP) designed to help Shell dramatically increase production in Western Canada’s oil sands, and the expansion of its Port Arthur Refinery in Texas.   Designing a new facility with an integrated system allows manufacturers to more accurately plan the integration of new technology in the future. This saves money in the long term by providing systems that can be utilized as part of a bigger technological arrangement.   Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. The company’s Automation and Control Solutions segment offers environmental and combustion controls; sensing controls; security and life safety products and services; scanning and mobility devices; process automation products and solutions; and building solutions and services for homes, buildings and industrial facilities.   The company is a global leader in refrigerants, aerosols and foam-insulation blowing agents used to replace ozone-depleting chlorofluorocarbons and hydro chlorofluorocarbons. These same products also improve the energy efficiency of homes, appliances and commercial refrigeration systems.   Honeywell’s attractive collection of businesses has the potential to earn consistent above-average returns. The company’s focus on working capital management, free cash flow generation and balance sheet strength remain positive attributes in the current weak environment. Its major competitors include Goodrich Corporation ( GR ) and Johnson Controls Inc. ( JCI ).   We currently have a Neutral recommendation on HON. Read the full analyst report on “HON” Read the full analyst report on “RDS-A” Read the full analyst report on “GR” Read the full analyst report on “JCI” Zacks Investment Research

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Honeywell Wins Shell Contract – Analyst Blog

Ardour Capital is out this morning upgrading both Yingli Green Energy (YGE) and Comverge (COMV) following recent earnings reports.  They upgraded Yingli (YGE) from Reduce to Buy.  Hat tip to Street Insider for the analyst …

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Ardour Capital Upgrades Yingli (YGE) Comverge (COMV)

_________________________________________ FREE Daily Stock Alerts From DrStockPick.com _________________________________________ DrStockPick.com Watch List! My Picks for Tuesday March 09, 2010 are: ************************************************************** MBST, Mobile Star Corp., MBST.OB MBST Today’s Activity: Last Trade: $0.05 ($0.01 or 25% UP) Volume 164,900 MBST has developed a coin-operated, free-standing karaoke machine. The vending machine provides a unique personal karaoke experience, and is designed by recording studio professionals. MBST’s

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MBST, IDOI, DrStockPick.com Watch List! for Tuesday March 09, 2010, IDO Security, Inc. and Mobile Star Corp.

PennyOmega.com Hot Stock News & Alerts! ________________________________________ FREE Daily Stock Alerts From PennyOmega.com ________________________________________ PennyOmega.com Watch List! Our Picks at PennyOmega.com for Tuesday March 09, 2010 are: ************************************************************** MBST, Mobile Star Corp., MBST.OB MBST Today’s Activity: Last Trade: $0.05 ($0.01 or 25% UP) Volume 164,900 MBST has developed a coin-operated, free-standing karaoke machine. The vending machine provides a unique personal karaoke experience, and

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MBST, IDOI, PennyOmega.com Watch List! for Tuesday March 09, 2010, Mobile Star Corp. and IDO Security, Inc.

Dr Stock Pick HOT News & Alerts! _________________________________________ FREE Daily Stock Alerts From DrStockPick.com _________________________________________ Monday March 08, 2010 DrStockPick.com Stock Report! ************************************************************** MBST, Mobile Star Corp., MBST.OB MBST has developed a coin-operated, free-standing karaoke machine. The vending machine provides a unique personal karaoke experience, and is designed by recording studio professionals. MBST’s Mobile Star is easy-to-use and extremely affordable, allowing any individual

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MBST, – DrStockPick.com Stock Alert! on Mobile Star Corp.

Sears Holding Corporation ( SHLD ), the fourth largest broadline retailer in the U.S., recently opened a new namesake outlet in Dublin, Ohio. The store will feature well-known global brands in appliances, tools, fitness equipment, TVs, mattress sets, and lawn & garden at 20%−60% discount to the retail price. It will also showcase Lands’ End apparel at 60%−80% off the retail price.   The merchandise offered in the outlet usually bears some irregularities that prevent the items from being sold as new. Consequently, branded appliances are available at fire-sale prices. The outlet receives new shipments of merchandise throughout the week and prices are continually marked down to encourage customer footfall.   The strategic move to offer discounted items at Sears’ outlets augurs well for the company as its top line has been adversely affected by continuing macroeconomic headwinds, which has compelled customers to slash discretionary spending and postpone plans for big-ticket items. Furthermore, sluggish conditions in the automotive industry coupled with a rapid deterioration in the home improvement industry have also negatively impacted the company’s top-line performance.   Sears offers home appliances, tools, lawn and garden equipment, electronic devices, apparel, automotive repair and maintenance products through a countrywide network

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Sears Opens Outlet in Ohio – Analyst Blog

This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Steven Sears (Barron’s): Controverting complacency, March 8, 2010. It is now quite …

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Prieur’s readings (March 8, 2010)