| rss2email.ru | На что подписаться? | Управление подпиской |
 Grace ChengFinancial Market News & Opinions http://www.gracecheng.com рекомендовать друзьям >> |
- What Is Your Stock Price Target?
Have you ever looked at an analyst’s price target and wonder where they came up with that number?
I have.
I hate to say it, but I’ve looked at enough price targets to conclude that – well, I shouldn’t be looking at price targets.
I’ve seen some so far out there that I couldn’t imagine how a company could even get near it.
And at other times, so low (and seemingly unattended too) that you’re already well above it, meaning you would have gotten out just as the biggest part of the … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - With Fannie/Freddie Bailout Plan, Treasury Secretary Paulson Is Armed And Dangerous
With the nation's financial infrastructure crumbling before our very eyes, the country's top two economic policymakers made their way to Congress last week for an extraordinary episode of political theater.
Fannie Mae (fnm) and Freddie Mac (fre), the quasi-government entities that form the backbone of America's gargantuan mortgage market, appeared to be cracking. To the somewhat bewildered members of Congress, U.S. Federal Reserve Chairman Ben S. … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Monsanto: Aggressive Growth Buy Alert
Monsanto Co.(mon) has been pleasing its shareholders by producing record sales and executing its share buy-back program. The company’s third-quarter results were awesome, including a big jump in both revenue and earnings. Monsanto has also increased its international exposure through the acquisition of a Guatemalan seed company.
Company Description
Monsanto Co. is a specialty seed producer and residential lawn care … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Week Ahead In US Financial Markets: July 28-August 1 2008
The week of July 28-August 1 will see a fairly significant amount of US macro data. The major releases will be clustered near the end of the week on Thursday and Friday. Thursday will see the publication of the preliminary GDP for Q2, jobless claims, Chicago PMI and the employment cost index for Q2. The week will be capped by the release of the July non-farm payrolls report and the estimate of the ISM of national manufacturing conditions for that same month. Tuesday will see the release of July … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Prepare To Profit From The Trillion Dollar U.S. Budget Deficit
By Martin Hutchinson
The federal budget deficit hasn’t received a lot of press lately, what with all the worries about the U.S. financial system, the home mortgage market, and the rescues that might be necessary to save both. In fact, it’s a bad sign, since the Bush administration and the Democrats in Congress have joint responsibility for keeping the budget deficit under control, so they would both be crowing about it if they were doing a good job.
We already know … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Wrap-Up: Negative Headlines May Have Dampened US Stocks, But Not The US Dollar
Negative headlines relating to the US economy may be dominating these days (worse-than-expected existing home sales; Ford’s (f) $8.7 billion loss for second quarter etc), but still none of them had been able to dislodge the US dollar. This week marks the second week the dollar closed up against major currencies such as the Euro, Swiss franc, Japanese yen, Aussie and Kiwi, and this has been due to traders repricing their expectations of a near-term rate hike … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Market Outlook: Tale Of Two Economic Releases
The upcoming week will be defined by two closely linked US macroeconomic data that will frame the debate about which direction the economy is poised to take during the latter half of 2008. Yet, these two data are likely to paint two very different portraits regarding the condition of the economy. On Thursday the market will observe the preliminary estimate of economic growth during the second quarter of the year, followed by the publication of the July non-farm payrolls the next … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Share Performance Of Carl Icahn's "Targets"
Here is an interesting look at the share performance of companies Activist Investor Carl Icahn has become involved with:
Graphic courtesy of the WSJ
One has to wonder if Carl’s involvement even matters that much and if company’s share performance is more a function of their overall prospects, then his skill at agitating for positive … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Beware Of The Dividend Trap
For years, investors have bemoaned the low dividend yield on stocks. But with the market down roughly 20%, the yield on the S&P 500 Index is up to 2.25%.
That doesn't sound terribly rich, I know, but it is only slightly less than the average money market is paying right now.
In the short term, you may sleep a lot better with a big chunk of money tucked safely away in cash. But in the long run, you may lose sleep. After all, your biggest risk as an investor is not market risk - … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Thursday: Daily Forex Market Commentary
EURO
The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.5625 level and was capped around the $1.5715 level. The common currency came off despite a significant drop in U.S. June existing home sales of 2.6% to 4.86 million annualized units, a ten-year low. Other data released Thursday saw weekly initial jobless claims rise 34,000 to 406,000 while continuing jobless claims were off 9,000 to 3.107 million. … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - What If Al Gore's Plan Comes True?
On July 17 in Washington, D.C., former Vice-President Al Gore gave a speech urging Americans to create a plan to shift America’s energy focus away from fossil fuels to other forms of energy, such as solar, wind and geothermal. He called for America to free itself completely from fossil fuels within 10 years.
In order to implement such a plan, it would mean much more investment in solar and wind technologies and major structural changes such as every American driving an … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Satellite Radio Merger More Likely Than Ever
The Federal Communications Commission's (FCC) five commissioners finally appear close to approving Sirius Satellite Radio's (SIRI) purchase of XM Satellite Radio (XMSR). The two companies have been put through the wringer over the last 17 months as they have lobbied and petitioned their case to merge in order to stay competitive. The negotiations and deliberations became embroiled in Washington D.C. politics—which inevitably takes a lot of time—but it appears as if approval is, at … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - How Will Ford Turn Around After Its $8.7 Billion Loss?
To say that Ford had a bad day quarter is an understatement:
(From the NY Times): “DETROIT — The Ford Motor Company , stunned by abysmal sales of its most profitable vehicles and a sudden shift in consumers' tastes, said Thursday that it lost $8.7 billion in the quarter, its worst ever, and would overhaul its North American plants to focus on small cars.
The company will also take $8 billion in write-downs and will bring six small cars to the United States from Europe as … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Rally Running Out Of Steam
THE FINAL NUMBERS - NARROW RALLY IS CONCERNING NEWS: The Dow finished the session up 29 points or 0.3% at the best level in one month. The S&P 500 added 5 points or 0.4%. The NASDAQ was the big winner, up 1.0% or 22 points.
THE BOTTOMLINE: The short-term rally is beginning to look a bit exhausted and a few days of selling are likely right around the corner. When a rally is not fueled by the majority of sectors in the market, the likelihood of the upside continuing is small. The main … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Could Mexican And Peso ETFs Be Saying Ole Soon?
Currency exchange traded funds (ETFs) could reflect the news that Mexico's peso strengthened the most since 2002.
Investors bet against the gap between the U.S. and Mexican benchmark lending rates widening and signaled attention toward the nation's fixed-income securities.
The peso rose for the third day in a row, increasing 0.9% to 10.0365 per dollar yesterday, from 10.1284, previously. This gain was the biggest among the six most traded currencies in Latin America. Will the … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - What's Your Stock's Price Target?
Have you ever looked at an analyst’s price target and wonder where they came up with that number?
I have.
I hate to say it, but I’ve looked at enough price targets to conclude that – well, I shouldn’t be looking at price targets.
I’ve seen some so far out there that I couldn’t imagine how a company could even get near it.
And at other times, so low (and seemingly unattended too) that you’re already well above it, meaning you would have gotten out just as the biggest part of the … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Pain Within The Banking Sector
A picture is worth a 1,000 words and this picture sums up some of the pain facing the financial industry:
Graphic courtesy of the WSJ
On aggregate the loan loss provisions rose by 1,453%, and the YoY profit swing (towards the red) totals 16.3 billion. While shares of some of these companies have risen on the belief that they’ve … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - How You Can Hedge This Volatile Market
FROM WORST TO FIRST TO WORST
NEWS: The financial stocks led the two-week and today it was those same financials that sent the market lower by over 2%. The Dow finished the day down 283 points or 2.4%. The S&P dropped 29 points or 2.3%. The NASDAQ held up a little better, tumbling 2% or 45 points. The hardest hit was the S&P 400 Mid-Cap Index, which fell 3%. Oil finished up nearly 1% and Gold ended down 50 cents.
THE BOTTOMLINE: … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Gold Nearing Traditional Summer Lows Prior To Rallying Strongly Into Autumn
Gold finished trading in New York yesterday at $922.70, down $25.50 and silver was down 55 cents to $17.38.
Gold has rallied in Asia and in early European trading with bargain hunting buying. Traders and investors with more medium to long term horizons realise that the speed and depth of the sell off is overdone. Especially as none of the fundamental macroeconomic or geopolitical issues have disappeared or even abated. Speculators, both long and short (it is important to … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать - Why A Contentious Election And Legislative Bottlenecks Pack A Profit Punch For Investors
By Keith Fitz-Gerald
For all their talk about change, the ultimate irony in today’s markets is that Washington is so afflicted with legislative gridlock that the “Beltway Boys” couldn’t “change” the channel on their flat-screen televisions.
And yet, as frustrating as legislative gridlock is for many voters (myself included), the data suggests that politicians' inability to act might actually be good for the markets.
The bottom line: Legislative gridlock … [visit site to read more]
Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more great content.
Переслать
| rss2email.ru | отписаться: http://www.rss2email.ru/unsubscribe.asp?c=35890&u=233003&r=887869927 управлять всей подпиской: http://www.rss2email.ru/manage.asp |
No comments:
Post a Comment