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Everyone Into The Bunker!
Friday, August 20, 2010 - 7:15am | 1151The title for this post comes from a couple of articles from the other day. One was from The Housing Time Bomb blog (great name) and the other from The Business Insider. First from Housing Time Bomb, Jeff (the blogger in question) asks the very reasonable question that if someone like Stanley...
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Corn Products Enters Oversold Territory - Tale of the Tape
Friday, August 13, 2010 - 12:07pm | 114Corn Products International Inc.’s (CPO) share price has entered into oversold territory with a stochastic value of 13.76. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2010 increased 19 cents over the past month to $2.72 per share. Corn Products is a Zacks #1...
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Darling International Slumps After Earnings Miss (DAR)
Friday, August 13, 2010 - 11:07am | 104Small-cap Darling International (NYSE: DAR) is lower today after reporting earnings that fell short of Wall Street expectations. During the second quarter Darling earned $0.14 per share, $0.02 lower than the $0.16 consensus estimate. Revenues, however, topped estimates coming in at $166.2 million...
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CZZ's Net Falls, Revenue Impressive - Analyst Blog
Friday, August 13, 2010 - 8:13am | 818Cosan Limited (CZZ) reported quite disappointing net results for the first quarter of 2011. The company reported a net loss of US$11.9 million in the first quarter compared with a net income of US$122.6 million in the comparable quarter of 2010. The fall in net income primarily reflects higher...
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Rumo Receives BNDES Finance - Analyst Blog
Wednesday, August 11, 2010 - 7:46am | 608Brazil-based Cosan Ltd’s (CZZ) indirect subsidiary Rumo Logística S.A. (Rumo) through its subsidiary Cosan Operadora Portuária S.A. secured financing of approximately R$614 million from the Brazilian Development Bank (BNDES). The financial assistance has a term period of up to 12 years and costs a...
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Scott Nations Recommends An Option Strategy In Archer Daniels Midland Company (ADM)
Tuesday, August 10, 2010 - 6:41pm | 115Scott Nations said on CNBC's Fast Money that investors should consider a protection in Archer Daniels Midland Company (NYSE: ADM). He thinks that the best way to do that is by buying the December 28 put for $1.15. He used a strike of $28, because he thinks that a big move lower could be possible if...
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Does Fed Have Anything Left to Stimulate Economy? 08-09-2010
Monday, August 9, 2010 - 5:44pm | 768Cusick’s Corner With volume on the light side and no economic data released Monday, the major market indices sat around key resistance levels. Today’s option activity was focused on spread strategies, multi-legged positions that allow traders to position with defined risk and reward. Much of the...
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Top Narrow Based Indexes For August 5 (CHSI, ATML, GRO)
Friday, August 6, 2010 - 12:47pm | 201By 12:40 pm, the Dow Jones Industrial Average was down 39.39 points, or 0.37%, to 10,641.04, while the broader Standard & Poor's 500 index had lost 4.75 points, or 0.42%. The NASDAQ composite index fell 13.11 points, or 0.57%. Some of the narrow based indexes supporting the markets are...
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Market Roundup (BG, ADM, VZ, GOOG, BA)
Thursday, August 5, 2010 - 2:23pm | 259According to Marshall Auerback, a renowned market analyst and commentator, the real reason why banks are not lending is the absence of creditworthy borrowers. However, policymakers persist to fight the Depression by focusing on deficit reduction, instead of working more on job creation. US grain...
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Market Technically Signaled a Potential Turn 08-05-2010
Thursday, August 5, 2010 - 1:58pm | 904Cusick’s Corner The market, while down, has still been able to hold its ground into the Midday. We continue to see minor new highs intra-day, only to have the market grind back to basically breakeven. While the trend to the upside is still intact, there needs to be some tighter risk management to...
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Russia Bans Wheat Exports for Remainder of 2010
Thursday, August 5, 2010 - 1:48pm | 875It's starting to smell a lot like late 07, early 08. The agriculture stocks are moving in part of the continued parabolic move in wheat. Not 3 weeks ago when I first highlighted it this index was at 20ish [July 16, 2010: Get Your Wheat On], Tuesday it had run to $24 [Aug 3, 2010: Wheat Continues...
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Bullish MACD for Corn Products - Tale of the Tape
Thursday, August 5, 2010 - 1:11pm | 112Corn Products International, Inc.’s (CPO) MACD indicator has entered into bullish territory with a reading of 0.012. The Zacks #1 Rank (“Strong Buy”) stock rose slightly to $33.77 in morning trade. The Zacks Consensus Estimate for the year ending December 2010 has increased 19 cents over the past...
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Don't Have A Cow Man, Buy Some MOO (MOO)
Thursday, August 5, 2010 - 12:53pm | 208Shares of Market Vectors Agribusiness ETF (NYSE: MOO) have been on fire with the the rest of the agriculture sector running hot lately and barring any setbacks, I like MOO on a pullback. This commodity ETF is 100% invested in stocks like Archer Daniels Midland (NYSE: ADM), Potash (NYSE: POT) and...
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Top Narrow Based Indexes For August 5 (CHSI, ATML, GRO)
Thursday, August 5, 2010 - 12:37pm | 205By 12:40 pm, the Dow Jones Industrial Average was down 39.39 points, or 0.37%, to 10,641.04, while the broader Standard & Poor's 500 index had lost 4.75 points, or 0.42%. The NASDAQ composite index fell 13.11 points, or 0.57%. Some of the narrow based indexes supporting the markets are Pharmacy...
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Top Performing Industries For August 5 (TMRK, GRO, MON, IPI)
Thursday, August 5, 2010 - 11:19am | 211At 11:32 am, the Dow lost 0.31% to 10,646.90, the broader Standard & Poor's 500 index moved down 0.42% to 1,122.56 and the NASDAQ composite index fell 0.62% to 2,289.20. The industries that are driving the market today are: Telecom Services-Foreign: This industry jumped 3.97% by 11:32 am. The...