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Unemployment Impacting Retail Sales 07-14-2010
Wednesday, July 14, 2010 - 2:03pm | 724Cusick’s Corner Intel was impressive but was not enough overnight to hold up the market. This could be in part to the due to the low Retail Sales data that is potentially showing the pressure of continued high unemployment and the fact that there are a lot of unemployed who are losing benefits....
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Monsanto (MON) Finally Shows Signs of Life
Wednesday, July 14, 2010 - 10:28am | 514One of the country's least loved companies - Monsanto (MON) has suffered through a horrific 2010, missing all rallies as it was sold off relentlessly. In fact, today's movement is the first time the stock has been over the 50 day exponential moving average since January. Most of the year it has...
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J.P. Morgan Lowers Price Target on Mosaic Co. (MOS)
Tuesday, July 13, 2010 - 8:21am | 496J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on The Mosaic Company (NYSE: MOS); it also lowered its price target from $60.00 to $45.00. The JPM analysts highlighted some key legal issues for the company, saying, “On July 1, 2010 the U.S. District...
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“Stop Trading!” Jim Favors YUM and SMG
Tuesday, July 13, 2010 - 4:16am | 251In his “Stop Trading!” segment on CNBC, Jim Cramer mentioned that Alcoa (NYSE: AA) reminds him of “the housing numbers and is a buzz kill on the start of earnings season.” He feels that the company is managed poorly and traders should dump the stock. Jim said he is looking for a loss from AA. "...
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Late Market Update (MSFT, SNE, DELL, HPQ, APA, MOS)
Monday, July 12, 2010 - 2:36pm | 247Shares of Microsoft (NASDAQ: MSFT) are on the move after CEO Steve Ballmer publicized that several companies such as Sony (NYSE: SNE), Acer, Dell (NASDAQ: DELL), Toshiba (OTC: TOSBF) and Samsung are developing tablet-style devices that will run on Windows 7. Ballmer also confirmed that eBay (NASDAQ...
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Top Performing Industries For July 9 (CDE, MON, EGO, BBW)
Friday, July 9, 2010 - 10:21am | 215At 10:53 am, the Dow gained 0.22% to 10,160.94, the broader Standard & Poor's 500 index moved up 0.24% to 1,072.81 and the NASDAQ composite index rose 0.39% to 2,183.98. The industries that are driving the market today are: Silver: This industry jumped 3.03% by 10:53 am. The top stock within...
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Top 4 Stocks In The Agricultural Chemicals Industry With The Highest Gross Margin (CGA, YONG, MON, SYT)
Friday, July 9, 2010 - 5:46am | 149Below are the top agricultural chemicals stocks on the NYSE and the NASDAQ in terms of gross margin. The trailing-twelve-month gross margin at China Green Agriculture Inc (NYSE: CGA) is 60.85%. CGA’s PEG ratio is 0.77. The trailing-twelve-month gross margin at Yongye International Inc (NASDAQ: YONG...
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Fast Money Picks For July 9th (MON, V, JPM, GNW)
Thursday, July 8, 2010 - 5:44pm | 162On CNBC's Fast Money, Joe Terranova said that he loves the reversal in Monsanto Company (NYSE: MON). He believes that this stock is going above $50. Monsanto Company (MON) gained 0.82% today, and closed at $47.72. Guy Adami and Karen Finerman reiterated their picks from Wednesday's show. Guy Adami...
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Monsanto And BASF Expand Their Biotechnology Collaboration
Thursday, July 8, 2010 - 1:35pm | 176Analysts at Jefferies & Co maintain their "hold" rating on Monsanto (NYSE: MON). The target price for MON is set to $52. Monsanto and BASF announced yesterday the companies would expand their biotechnology research collaboration to include wheat. According to Jefferies & Co, “Initial...
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Fast Money Picks For July 8th (POT, V, JPM, HES)
Wednesday, July 7, 2010 - 5:58pm | 140On CNBC's Fast Money, Tim Seymour said that it is time to buy Potash Corp./Saskatchewan (USA) (NYSE: POT). Potash (POT) gained 2.62% on Wednesday. Guy Adami likes Visa (NYSE: V), and Karen Finerman thinks that JPMorgan Chase & Co. (NYSE: JPM) is a buy. Visa (V) gained 3.53% today, while...
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I Love This Game 07-07-2010
Wednesday, July 7, 2010 - 5:23pm | 714Cusick’s Corner The market held its ground, something the shorts have conceded at this stage. The day ended with the SPX breaking its second point of resistance 1053. For this to have strength, any pullback here needs to garner more support and get more of the sideline money involved to strengthen...
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Bid Lacks Conviction 07-07-2010
Wednesday, July 7, 2010 - 1:45pm | 749Cusick’s Corner This is a nice move to the upside that looks to be shaking out some of the shorts going into the Midday -- typical as far as moves go in a bearish trending market. Traders are hard pressed to position on the long side because the bid does not have the conviction that is necessary...
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SYT Setting Up As An Ideal Short
Tuesday, July 6, 2010 - 2:20pm | 182Syngenta (SYT) has multi-year support levels at the neckline of the head & shoulders pattern, making it a very intriguing setup to the short-side, should price break below it here in the near future. A break of the neckline could see price drop to $35 and as much as $30 before finally...
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7 day losing streak for the Dow but not every stock is plunging - value stock in the Ag sector is breaking out
Sunday, July 4, 2010 - 10:33pm | 1427After running Saturday morning's Alert HQ process I checked my "Reasonable Value" screen against the day's Trend Busters and Trend Leaders. For those of you who have not see one of my previous "Reasonable Value" posts, here are the criteria for the screen: PE between 0 and 20 PEG between 0 and...
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Jefferies Lowers Price Target on Monsanto (MON)
Thursday, July 1, 2010 - 8:15am | 208Jefferies and Co. is out with a research report this morning, where it reiterated its Hold rating on shares of Monsanto (NYSE: MON); it has a $52.00 price target on the stock, down from $56.00. The Jefferies analysts said, “Monsanto announced Q3 EPS of $0.81, $0.01 above consensus. Monsanto...