Stock Blogs
Inflation, Deflation and Stock Performance
Filed under: Major Movement, Forecasts, Newsletters, S and P 500, DJIA, Recession
"While traditionally many investors worry about the potential effects of runaway inflation on stock prices, lately others worry more about the potential effects of deflation, a falling price level," observes Mark Salzinger.
"There's certainly plenty of common sense behind worries that either deflation or significant inflation would be bad for equity prices, but does the history of stock prices agree?" asks the editor of No-Load Fund Investor.
"We believe that for the next year or two, likely low demand for loans and considerable slack in employment and capacity utilization greatly limit the possibility of rapidly increasing inflation. The odds of deflation are higher, but still not high.
Continue reading Inflation, Deflation and Stock Performance
Inflation, Deflation and Stock Performance originally appeared on BloggingStocks on Sat, 04 Sep 2010 12:40:00 EST. Please see our terms for use of feeds.
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Krispy Kreme: Time to Take a Chance?
Filed under: Earnings Reports, Krispy Kreme Doughnuts (KKD)
So I haven't been fully behind the Krispy Kreme Doughnuts (KKD) thesis. Sorry, it's just the way I am; I haven't been able to gather the amount of courage that is necessary to allow me to buy this low-priced equity.
Yet the stock is firmly above its 52-week low of $2.56. It rose 4.7% on Friday, settling out at a quote of $4.46. That price may be well below the 52-week high of $5.15, but it doesn't matter to the speculators who bought ahead of the second-quarter earnings report that was posted after the bell this past Thursday. They made money.
Continue reading Krispy Kreme: Time to Take a Chance?
Krispy Kreme: Time to Take a Chance? originally appeared on BloggingStocks on Sat, 04 Sep 2010 11:40:00 EST. Please see our terms for use of feeds.
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Comfort Zone Investing: M&A: Good News ... or Bad?
Filed under: Dell (DELL), Hewlett-Packard (HPQ), Intel (INTC), Deere and Co (DE), Comfort Zone Investing
M & A. That's mergers and acquisitions. They're all over the financial pages. Intel (INTC) is buying Infineon's wireless division for $1.4 billion so the chip manufacturer can diversify beyond computers. HP (HPQ) or Dell (DELL) will end up with 3PAR, a cloud-computing company, at a cost of $2 billion or more. Carl Icahn, the billionaire financier, is making a hostile tender bid for Lions Gate (LGF), the film and television producer. 3M (MMM) is buying Attenti Holdings, an Israeli maker of remote monitoring technology used to track people, for $230 million. Exelon (EXC) is picking up a division of Deere (DE), a renewable energy unit, for about $900 million so it can enter the wind-power segment. Sanofi-Aventis (SNYNF) is trying to buy Genzyme (GENZ) but the board won't accept the bid of $18.5 billion. The board is open to better numbers. There are many more.
Is all this good for investors? Or is there some bad in there?
Continue reading Comfort Zone Investing: M&A: Good News ... or Bad?
Comfort Zone Investing: M&A: Good News ... or Bad? originally appeared on BloggingStocks on Sat, 04 Sep 2010 10:30:00 EST. Please see our terms for use of feeds.
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China Warns of Currency Depreciation
Filed under: China, Market Matters, Currency
China's currency reserves are estimated at $2.45 trillion dollars. While hard data is a state secret, some information was obtained from the China Security Journal and reported by Reuters.
Roughly 65% of China's currency reserves are in U.S. dollars, 26% in euros, 5% in pounds and 3% in yen. With such a huge sum outstanding, Chinese officials are afraid of depreciation. Hu Xiaolian, vice governor of the Peoples Bank of China, writing in China Finance said: "Once a currency's value becomes unstable, there will be quite large depreciation risks for assets."
Continue reading China Warns of Currency Depreciation
China Warns of Currency Depreciation originally appeared on BloggingStocks on Sat, 04 Sep 2010 09:40:00 EST. Please see our terms for use of feeds.
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Del Monte Falls Despite Market Rally
Filed under: Earnings Reports, ConAgra Foods (CAG), Kraft Foods'A' (KFT)
Del Monte Food Company's (DLM) stock wasn't one you wanted to be in today. Especially at a time when the bulls are in charge. The company, whose colleagues include ConAgra Foods, Inc. (CAG) and Kraft Foods Inc. (KFT), was down 2.1% to $12.56 about thirty minutes before the close of the session.
First-quarter data was reported by the business this morning. The market obviously wasn't too pleased. According to an article over at TheStreet.com, profit from continuing operations was 29 cents per share. This figure was two pennies above the estimate generated by the analysts. No matter what the traders are doing to the stock, at least shareholders can be happy about that aspect of the period.
Continue reading Del Monte Falls Despite Market Rally
Del Monte Falls Despite Market Rally originally appeared on BloggingStocks on Fri, 03 Sep 2010 18:30:00 EST. Please see our terms for use of feeds.
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Cogent Calls and CB Richard Ellis Puts Heating Up
Filed under: Stocks to Buy, Stocks to Sell
Option traders appear to be setting up for a bullish move on Cogent Inc. (COGT). Traders plowed into 1,571 new call option contracts -- 3.27 times the average volume -- on the stock on Friday. And we know that traders were eager to get into this trade because 99% of the trades came in on the ask price.
Recently, 3M Company (MMM) announced that it was going to acquire Cogent for $10.50 per share. The stock closed Friday at $11.01, up 19.53% during the past month.
Continue reading Cogent Calls and CB Richard Ellis Puts Heating Up
Cogent Calls and CB Richard Ellis Puts Heating Up originally appeared on BloggingStocks on Fri, 03 Sep 2010 18:00:00 EST. Please see our terms for use of feeds.
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Options Update: Petroleo Brasiliero and Expedia Rise
Filed under: Expedia Inc (EXPE), Petroleo Brasileiro (PBR)
Petroleo Brasiliero (PBR) closed up $1.49 to $37.48. PBR aims to raise $64 billion to fund PBR's plans to develop offshore oil fields. Crude oil futures are recently down 1.41% to $73.96 a barrel according to Bloomberg. PBR call option volume of 31K contracts compared to put volume of 33K contracts. September put option implied volatility is at 30, October is at 36, January is at 40 versus its 26-week average of 35, according to Track Data, suggesting larger price movement. Expedia, Inc. (EXPE) closed at $25.43. EXPE shares have recently rallied; likely due to the news Google, Inc. (GOOG) proposed acquisition of ITA may face a lengthy review process by the U.S. Department of Justice. October put option implied volatility is at 41, January is at 45: versus its 26-week average of 40 according to Track Data, suggesting larger January price movement.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.
Options Update: Petroleo Brasiliero and Expedia Rise originally appeared on BloggingStocks on Fri, 03 Sep 2010 17:30:00 EST. Please see our terms for use of feeds.
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A Moderate Gas Price for Labor Day: Enjoy It While It Lasts
It's been a trying summer for many Americans, with a job market that's underperforming, and a listless Dow that's exhibited sideways action for three months, but there has been one encouraging trend of late: gasoline prices.
Although at an average U.S. price of $2.70 per gallon for regular unleaded and about 4% higher than last Labor Day, 'the trend has been the motorist's friend,' as they say on Wall Street, with prices moving lower, with a few hiccups, essentially since spring. In early May, the average price for unleaded regular hit $2.78 per gallon.
Continue reading A Moderate Gas Price for Labor Day: Enjoy It While It Lasts
A Moderate Gas Price for Labor Day: Enjoy It While It Lasts originally appeared on BloggingStocks on Fri, 03 Sep 2010 17:00:00 EST. Please see our terms for use of feeds.
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Coinstar Could Be a Short Candidate
Filed under: Stock Picks
Bearish traders should be using the recent strength in the equity markets to identify short opportunities. The S&P 500 is currently trading above 1,100 and has rallied very sharply off of the 1,040-1,050 level in just a matter of days.
This surge in equities appears to be driven by a combination of short covering and better than expected economic numbers. Rather than getting bullish here, however, it may be time to put out some tactical shorts. Traders that have been buying the highs and selling the lows in anticipation of a breakout of the current trading range have been consistently burned.
Continue reading Coinstar Could Be a Short Candidate
Coinstar Could Be a Short Candidate originally appeared on BloggingStocks on Fri, 03 Sep 2010 16:30:00 EST. Please see our terms for use of feeds.
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Closing Bell: Unemployment Pink-Slips the Bears (BRCD, CPB, ZQK, TTWO, PBR, ULTA)
Filed under: Campbell Soup (CPB), Petroleo Brasileiro (PBR), Take-Two Interactive (TTWO)
Unemployment and non-Farm payrolls managed to keep the bears in hibernation this Friday, although that post-release gain and cheer was a bit more muted through most of the trading day. The fact that most trading desks were light and that a hurricane was off the east coast and most investors were either not in at all or gone by 11 AM made for a quiet rest of the day. Here were the unofficial closing bell levels:
Dow Jones 10,447.86 +127.76 (1.24%)
S&P 500 1,104.44 +14.34 (1.32%)
Nasdaq 2,233.75 +33.74 (1.53%)
Top Analyst Calls
Continue reading Closing Bell: Unemployment Pink-Slips the Bears (BRCD, CPB, ZQK, TTWO, PBR, ULTA)
Closing Bell: Unemployment Pink-Slips the Bears (BRCD, CPB, ZQK, TTWO, PBR, ULTA) originally appeared on BloggingStocks on Fri, 03 Sep 2010 16:00:00 EST. Please see our terms for use of feeds.
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U.S. Lost Fewer Jobs Than Expected in August
Filed under: Employees, Economic Data
The U.S. lost fewer jobs than expected in August. Here are the key stats, as reported in the New York Times:
- The economy lost another 54,000 jobs last month.
- Private companies added 67,000 jobs.
- The unemployment rate rose to 9.6% from 9.5%.
- The government lost 121,000 jobs in August.
- State and local governments cut 10,000 jobs and another 114,000 temporary census positions.
Continue reading U.S. Lost Fewer Jobs Than Expected in August
U.S. Lost Fewer Jobs Than Expected in August originally appeared on BloggingStocks on Fri, 03 Sep 2010 15:30:00 EST. Please see our terms for use of feeds.
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Cree (CREE): LEDs for the 'Green Revolution'
Filed under: Newsletters, Commodities, Oil, Stocks to Buy, Green Stocks
"Cree (CREE) is a leading provider of light-emitting diodes (LED) and related technology; in my view, the company is in an excellent position to benefit from the "Green Revolution" taking place in the lighting industry," says Geoffrey Seiler.The editor of BullMarket.com explains, "Operationally, the Durham, North Carolina-based company delivered solid results for the quarter ended June 27th, which was its fiscal fourth quarter of 2010.
"The company announced last night that it earned $52.8 million, or 48 cents per share, up from $9.7 million, or 18 cents per share, in the year-ago period.
Continue reading Cree (CREE): LEDs for the 'Green Revolution'
Cree (CREE): LEDs for the 'Green Revolution' originally appeared on BloggingStocks on Fri, 03 Sep 2010 15:30:00 EST. Please see our terms for use of feeds.
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Is the Selling Over with Lowe's?
Filed under: Stocks to Buy, Loews Corporation (L)
Hopefully, the selling is over with home improvement giant Lowe's (LOW), first discussed here on September 16, 2009 at a price of $21.60.The stock has misbehaved this summer, falling more than 30% and coming too close for comfort to the $14.50 sell/stop loss.
Still, the calculation is to stick with LOW, given a likely 3-5% revenue increase in FY2011. An aging stock of U.S. homes, and pent-up demand, add to the favorable, longer-term story.
Continue reading Is the Selling Over with Lowe's?
Is the Selling Over with Lowe's? originally appeared on BloggingStocks on Fri, 03 Sep 2010 14:30:00 EST. Please see our terms for use of feeds.
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In This Economy, It's Prudent to Consider Entergy
Filed under: Stocks to Buy
Utility and nuclear power generator Entergy Corp (ETR), which I first wrote about on May 12, 2009 at a price of $74.31, is still worth a look, if you missed the earlier entry point. Here's why:Although, Entergy canceled the spin-off of its non-nuclear assets, earnings should increase 2-3% in 2010, excluding one-time charges.
Also, because the United States did not build nearly enough nuclear power plants in the last two decades of the 20th century to accommodate its power needs, it will spend the next two decades playing catch-up.
Continue reading In This Economy, It's Prudent to Consider Entergy
In This Economy, It's Prudent to Consider Entergy originally appeared on BloggingStocks on Fri, 03 Sep 2010 14:00:00 EST. Please see our terms for use of feeds.
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Samsung's Galaxy Takes a Shot at the iPad
Filed under: Products and Services, Launches, Google (GOOG), Apple Inc (AAPL)
Get ready for a flood of tablets to hit the market as tech companies try to benefit from the glow of Apple's (AAPL) iPad. And one of the first entrants is Samsung Electronics. This week, the company launched its Galaxy Tab.
And yes, the device runs on Google's (GOOG) mobile operating system, Android (version 2.2). The screen comes to 7-inches and you can access the Net via a cell phone connection (and you can make calls as well). There is also storage capacity of 16GB. Interestingly enough, the Galaxy has a front and rear camera, something the iPad does not have.
Continue reading Samsung's Galaxy Takes a Shot at the iPad
Samsung's Galaxy Takes a Shot at the iPad originally appeared on BloggingStocks on Fri, 03 Sep 2010 13:30:00 EST. Please see our terms for use of feeds.
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Cambell Soup Drops on Weak Q4 Revenue
Filed under: Major Movement, Earnings Reports, Bad News, Campbell Soup (CPB), Options, Technical Analysis
Campbell Soup Co (CPB - option chain) stock is trading lower today after the company reported Q4 2010 earnings this morning, posting a profit of $113 million, or 33 cents per share, on revenue of $1.52 billion. While this beat the estimated EPS of 30 cents per share, the stock is down a chunk this morningbecause the expected revenue was $1.60 billion. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on CPB.
This morning, CPB opened at $36.03. So far today the stock has hit a high of $36.66 and a low of $35.82. As of 11:55, CPB is trading at $36.02, down $1.30 (-3.5%). The chart for CPB looks bearish and S&P gives CPB a negative 2 STARS (out of 5) sell ranking.
Continue reading Cambell Soup Drops on Weak Q4 Revenue
Cambell Soup Drops on Weak Q4 Revenue originally appeared on BloggingStocks on Fri, 03 Sep 2010 13:00:00 EST. Please see our terms for use of feeds.
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Clorox (CLX): More Than Bleach
Filed under: Newsletters, Clorox Co (CLX), Stocks to Buy
"What's the link between Kingsford charcoal, Hidden Valley salad dressing, Brita water filtration systems, Glad garbage bags and Burt's Bees personal care products?" asks Dr. Mevlin Pasternak. ""Surprisingly, these diverse products are all brands of Clorox (CLX), which is thought of by many people as just 'the bleach company,'" says the editor of Double-Digit Trading.
"A leading manufacturer of cleaning products and consumer stapes, Clorox sells some of the most recognized and often trusted household names. In fact, consumers rank nearly all of Clorox's products as top brands.
Continue reading Clorox (CLX): More Than Bleach
Clorox (CLX): More Than Bleach originally appeared on BloggingStocks on Fri, 03 Sep 2010 12:30:00 EST. Please see our terms for use of feeds.
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Analyst Calls: AEO, BKC, BKE, GRA, KSP, MFE, PSS, TTWO, VPRT ...
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Burger King Hldgs (BKC), Analyst Initiations, American Eagle Outfitters (AEO), Take-Two Interactive (TTWO)
Analyst Upgrades
- Hudson Square upgraded Take-Two (TTWO) to buy from hold, citing the better-than-expected Q3 report and increased guidance.
- Keybanc upgraded The Buckle (BKE) to hold from underweight given the potential for a special dividend in the near term.
- Stifel Nicolaus upgraded K-Sea Transportation (KSP) to hold from sell, citing KA First Reserve's $100M equity investment.
- Gold Fields (GFI) was upgraded to overweight from equal weight at Morgan Stanley.
- James Hardie NV (JHX) was upgraded to neutral from reduce at Nomura.
Continue reading Analyst Calls: AEO, BKC, BKE, GRA, KSP, MFE, PSS, TTWO, VPRT ...
Analyst Calls: AEO, BKC, BKE, GRA, KSP, MFE, PSS, TTWO, VPRT ... originally appeared on BloggingStocks on Fri, 03 Sep 2010 12:00:00 EST. Please see our terms for use of feeds.
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