Thursday, January 12, 2012

ZOLL- Update

Stop should be on this here around $65 so just a $1-$1.50 risk on this. Think we can get to the $70-71 area where i would be taking profits.

Tuesday, January 10, 2012

Good Sign

The futures are going gapping up showing we heading for a positive open. One of the things I look at in the first week is volume and price movement especially in the leaders from the previous year. Stocks likes APPLE have been strongly moving upwards and this notes a strong underlining market if we do get positive news. this morning futures are moving on the positive news from Alcoa and more than likely I would not expect us to sell off this gap up. Yes it is an hour before the open but this is a trend and we must respect it. If we do it would be a buying opportunity more than a chance to sell. We will see soon enough. I have some stocks on radar to go long such as CLR (74.30) AND ZOLL (66.20). The year has just begun and a lot of opportunity will be on the horizon.

Friday, January 6, 2012

RHT

Red hat looks like a short here @ 42.80. i would use $45 as a stop

Wednesday, January 4, 2012

Waiting

I like to always wait the first 5 days of the year for the cash to settle in at the beginning of the year. I think we will break out here soon, either we goto 1330 area or 1242. If I know which way I would express it but as of now I am not getting any signals but we are awaiting a break out.

Tuesday, January 3, 2012

$5 a gallon predicted by analyst- Hmmm

BALTIMORE (WJZ) — Five dollars a gallon for gas? Analysts say it could happen this year. Monique Griego has more on why gas prices could soon explode. Just this weekend, the president signed new sanctions against the country of Iran. Now, Iran is firing back with a threat that could send gas prices higher than ever. Prices at the pump already have drivers in pain. “I can barely afford it now,” said one driver. “Three dollars a gallon…I mean, five dollars gets you what, a gallon and a half?” said another. But if Iran follows through on a threat to shut down one of the world’s most important oil routes, analysts say prices here could skyrocket by summer. “If it gets to $5, that would be hurting the pockets very bad,” said Paul Rozanski, Severna Park. Threats of five dollars a gallon has Rozanski reconsidering his ride. “I just like the SUV because of the wintertime, but definitely in the summertime, get another car. Get a Prius or something,” he said. In just the past week, gas prices have gone up nearly seven cents and there is no sign of them coming down any time soon. According to AAA, the average for a gallon of regular is $3.25, compared to $3.07 this time last year. “Iran’s saber-rattling. I think that could have an impact,” said Pete Horrigan. Horrigan, who’s with the Mid-Atlantic Petroleum Distributors’ Association, says he won’t go as far as five dollars a gallon, but does expect prices to go up. “We certainly have enough issues going on in the world and in this country that it could certainly be higher,” he said. “We’ve been fortunate in this country because in European countries, they’ve been paying a lot more than that for a long time.” Many drivers are now hoping that good fortune holds out. The U.S. penalties against Iran don’t take effect for six months and even then, the president can waive them for national security reasons. The European Union is also considering new oil sanctions against Iran.

Saturday, December 31, 2011

Another Year

NEW YORK (AP) -- The stock market ended a tumultuous year right where it started. In the final tally, despite big climbs and falls, unexpected blows and surprising triumphs, all the hullabaloo proved for naught. On Friday, the Standard & Poor's 500 index closed at 1,257.60. That's exactly 0.04 point below where it started the year. "If you fell asleep January 1 and woke up today, you'd think nothing had happened," says Jack Ablin, chief investment officer of Harris Private Bank. "But it's been up and down all year. It's been crazy." It was a year when U.S. companies were supposed to run out of ways to make big profits. But they didn't, and in fact generated more than ever. It was a year when the U.S. lost its prized triple-A credit rating, which should have spooked buyers of its bonds. Instead investors bought more of them and made Treasurys one of the best bets of 2011. It was a year when stocks caught fire, then collapsed to near bear-market lows. Among stocks, there were some surprising winners. Scaredy-cat investors who bought the most conservative and dullest of stocks — utilities — gained 15 percent this year, the biggest price rise of the ten industry sectors in the S&P 500. Other winning groups were consumer staples, up 11 percent, and health care companies, 10 percent. Other market curiosities: — Bad year, great quarter. Despite disappointing returns in 2011, the last three months of the year were impressive, which could bode well for the new year. The S&P 500 rose 11 percent. The Dow Jones industrial average, comprising 30 big stocks, climbed 1,344 points, or 12 percent. That was the largest quarterly point gain in its history. The Dow closed up 5.5 percent for the year. — Best of the bad. U.S. stocks delivered little this year, but other markets did even worse, including ones in fast-growing economies. Brazil's Bovespa index fell 18 percent in 2011. Hong Kong's Hang Seng dropped 20 percent. In Europe, many of the biggest markets ended down in 2011. Britain's FTSE 100 lost 5.6 percent, Germany's DAX 14.7 percent. — Buy American is back. A broad index of the Treasury market gained 9.6 percent, despite the fact that the U.S. government is now slightly less likely to repay its debt, at least according to Standard & Poor's. In August, the rating agency stripped the U.S. of its triple-A rating, citing mounting U.S. debt and political squabbling over what to do about it. For stock investors, 2011 wasn't supposed to end this way. At the start of the year, the Great Recession was officially 1½ years behind us and the recovery was finally gaining momentum. The economy added an average of more than 200,000 jobs a month in February, March and April. And U.S. companies kept reporting big jumps in profits, defying naysayers. The stock market roared in approval. On April 29, the S&P closed at 1,363, double its recessionary low of March 2009. Then manufacturing slowed, companies stopped hiring and consumer confidence plummeted, taking with it those hopes of big stock gains for the year. Adding to the misery, Japan was rocked by an earthquake and tsunami. That shut down factories run by crucial parts suppliers to U.S. firms, in particular auto makers. Gridlock in Washington didn't help. After much squabbling, politicians eventually decided to raise the cap on how much the federal government can borrow in early August. But the heated debate took its toll. The Dow Jones industrial average swung more than 400 points four days in a row — down and up and down and up. Overhanging it all was fear that the debt crisis in Greece had spread to Italy and Spain, countries too large for other European nations to bail out. Talk of another blockbuster year for stocks turned to dark musings about the possibility of another U.S. recession. And so stocks kept falling. On Oct. 3, stocks had dropped 19 percent from their April high. That was just one point short of an official bear market. Since then, U.S. housing starts have increased, factories are producing more, unemployment claims fell and U.S. economic growth rose. And companies are still generating impressive profits. Those in the S&P 500 have increased profits by double-digits percentages for nine quarters in a row. The good news pushed stocks up in the closing months of the year. The biggest winner in the Dow was McDonald's Corp, up 31 percent for the year. Bank of America Corp. was the worst performing stock, down 58 percent. Including dividends, the S&P 500 returned 2.11 percent for 2011. That means investors lost money after inflation, which was running at 3.4 percent in the 12 months ending in November. At least they're getting more than investors in the benchmark 10-year Treasury note, which currently pays a yield of just 1.88 percent. The outlook for stocks in the new year is either great or grim, depending on your focus. Italy has to repay holders of $172 billion worth of it national bonds in the first three months of 2012. It will do so by selling new bonds. The question is how much interest they will demand to be paid to compensate for the risk they're taking on. If they demand too much, fear could spread that the country will default. That could sink stocks. After Italy was forced to pay unexpectedly high rates in a bond auction earlier this month, stocks fell hard around the world. There are also questions about whether China's economy is slowing too much and whether the U.S. politicians will agree to raise the debt ceiling again in 2012 or extend Bush-era tax cuts. On the bright side, stocks seem to be well-priced. The S&P 500 is trading at 12 times its expected earnings per share for 2012 versus a more typical 15 times. In other words, they appear cheaper now. Partly based on that many strategists, stock analysts and economists expect the index to end next year at 1,400 or more, up 10 percent or so. The Standard & Poor's 500 index rose 5.42 points, or 0.4 percent on Friday. The Dow Jones industrial average lost 69.48 points, or 0.6 percent, to 12,217.60. The Nasdaq composite index fell 8.59 points, or 0.3 percent, to 2,605.15 The Nasdaq is down 1.8 percent for the year. Trading has been quiet this week with many investors away on vacation. Volume on the New York Stock Exchange has been about half of its daily average. Markets will be closed Monday in observance of New Year's Day.

Friday, December 30, 2011

Another Year another NOTHING

S&P range in 2011 was +9% to -14% and we closing the year flat at 0%. Nothing happening. I have been under the weather due to the weather always a bad time for me with my sinuses. Next week after the three day holidays it will be interesting to see how they will try and put a positive spin for the 2012. You will no doubt here that where ever the first five trading days go so will the year, oh really! they got it wrong this year but they will use it again and again no matter what. Commodities look like they are in sell mode still. Nailed that Silver short a couple weeks ago but anything stock wise just looks like a yo-yo to me - Happy New Year!