Feb
20
Post Mortem: Suntech Power Holdings (STP)
Pete @ 2:27 PM | | Leave a Comment
Suntech Power Holdings Co (NYSE:STP) is one of today’s losers after the company said “it expects first-quarter revenue to miss analysts’ estimates, partly due to seasonal slowness.”
Let’s take a closer look at recent price action, identify and walk through the key phases of the Sentiment Cycle to see if investors could have avoided this downside action.
We applied InVivo.Stops for TradeStation 8.x to the daily chart along with the widely-watched 50-day and 200-day moving averages. The InVivo.RMI paintbar study quickly identifies the transition from outperformance (green) to neutral (yellow) to present underperformance (red) relative to the market since mid-January 2008.
1. Enthusiasm
At this point, we detect a subtle change in psychology, a shift from the fear of loss to the fear of missing out, and the appetite for risk becomes evident. Investors buy on faith, bolstered by analyst and media reports projecting the trend to continue. As price rises to new highs, they all scream, “It’s a breakout!” They are supremely confident that the best is yet to come.
- Solar Industry Taking Off 10-12-07
After years of lurking in the shadows, the solar industry is taking off this year. Edward Guinness, Guinness Atkinson Alternative Energy Fund portfolio manager, and Sanjay Shrestha, Lazard Capital Markets analyst, share their insight. - Solar Powers Your Portfolio 10-23-07
It’s time to buy solar energy stocks, according to Vishal Shah, Lehman Brothers analyst. He shares his top picks with CNBC’s Erin Burnett. - Solar Stocks Surging 12-12-07
Solar stocks are providing a ray of sunshine amid this market roller coaster ride, and Brion Tanous, of Merriman Curhan Ford & Co, discusses whether there’s still money to be made in the sector. - ‘Green’ Investors Cast Wider Net,Target Energy-Efficiency Plays 12-12-07
Now is a good time to widen thinking on “green” or environmentally friendly investing, fund managers say. - Suntech Chairman and CEO Dr. Zhengrong Shi Named China’s 2007 Green Person of the Year 12-18-07
Suntech Power Holdings Co., Ltd. (NYSE: STP) one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, today announced that Dr. Zhengrong Shi, Suntech’s Chairman and CEO, has been named one of China’s Green Persons of the Year for his outstanding contribution to environmental protection initiatives and environmental awareness within China. - The Solar Trade 1-25-08
Investment opportunities in solar power, with Sanjay Shrestha, of Lazard, and Kenneth Green, of the American Enterprise Institute - Wall Street firms still have a rating of 1.83 on STP which Reuters equates to an “Outperform”. [Note:11 out of 24 analysts had BUY rating on STP. Enthusiastic?]
2. Disbelief
The market fails to go higher, and indeed many of the early leaders have broken down under the 50-day moving average, giving technicians the Subtle Warning. This marks the beginning of the ‘something is not right’ gut feeling, but in the absence of bad news, investors hold on to hope. Not only are they heavily invested in the market, they are psychologically invested in being right and they ignore anything that does not go with their worldview. Indeed, they even wonder aloud why their beloved stocks cannot go up amidst good news, higher earnings guidance and analyst upgrades.
- Solar analysts ponder whether selloff is overblown 1-23-08
Shares of solar energy companies have lost nearly half their value this year on investor concerns that a U.S. recession and falling oil prices will hamper demand for renewable energy sources. Fears that greater supplies of solar cells and panels will drive down prices — and the sector’s lofty margins — have also weighed on the stocks. The aggressive sell-off of one of last year’s hottest sectors has analysts asking whether it has finally hit bottom. - Suntech Power Banc of America Sec upgrades Neutral to Buy. 1-23-08
BofA upgraded STP to Buy from Neutral with a $75 tgt based on valuation. The firm says after a 31.5% decline YTD (vs. –11% for the SPX) amid concerns regarding the implications of higher module supply on module prices and margins. Following the pullback in the stock, they find STP attractive due to the co’s dominant market position on several fronts, including silicon procurement and commitment to scale (2 GW by 2010). The firm says these factors will enable STP to not just withstand, but even thrive in an environment of lower module prices.
3. Overt Warning To Panic
The area of sustained directional trending price action to the downside takes place is between the Overt Warning and Panic phases. There will be some sort of catalyst. Perhaps it is an earnings warning or some point of economic data that leads the crowd to finally clue in that the nagging negative price action they have been watching is the beginning of something big and bad.
The 200-day moving average is broken, and CNBC alerts investors. Everyone knows that the ship is sinking. Those who bought in the churning top realize they are holding the bag and stop buying the dips. Smart money shorts each failing bounce. Stop losses are hit, and margin calls force liquidation. Supply simply overwhelms demand and price action becomes a one-way street.
- Suntech Power Holdings “overweight,” target price reduced 2-19-08
Analyst Vishal Shah of Lehman Brothers maintains his “overweight” rating on Suntech Power Holdings Co Ltd (STP), while reducing his estimates for the company. The target price has been reduced from $100 to $75. - Out of the Gate: Suntech Shares Plunge 2-20-08
Shares of Suntech Power Holdings Co. dropped Wednesday after the solar cell maker forecast first-quarter sales below Wall Street expectations. Suntech said the first-quarter shortfall is due to the Chinese New Year holidays and bad weather in its home country. But analysts said the company is struggling to deal with high prices for polysilicon, a key material used in the making of solar cells.
While it is educational to do the post mortem for casual readers, the money is in identifying the phase changes as they happen.
Our work showed “hot money” rushing into the alternative energy sector during mid-December 2007 and warned All Access Pass clients that it was too risky to enter blindly on the long side.
Our ETF ranking process uncovered momentum traders pouring into PowerShares WilderHill Clean Energy (NYSE:PBW) and Market Vectors Global Alternative Energy (NYSE:GEX).
While everyone was saying it was a good time to enter at any price, we told clients that we had seen this show before. We wrote a timely post about weakness in other solar companies such as CY and SPWR.
Food for thought: this can never happen to perhaps Coal/Agribusiness/Gold sectors or can it? Time will tell, and as Mullainathan & Thaler wrote in their classic paper: “. . . it may often pay “smart money” to follow “dumb money” rather than to lean against it.”
Feb
20
Scan Expert BETA for eSignal
Teresa Lo @ 11:07 AM | | Leave a Comment
Chris Kryza of Divergence Software has released the public BETA version of ScanExpert for eSignal:
To participate in the Beta program you must have an active eSignal account and a willingness to work with ScanExpert with little supervision or assistance. We need folks to review the documentation, push all of the buttons, experiment with all of the features, and fully document any errors or inconsistencies along the way. In return you will have full access to all of the ScanExpert features for the duration of the Beta period.
The program has a very small footprint and won’t lock up the machine as it scans hundreds of symbols. I use it at the office to monitor Canadian stocks.
Feb
19
Stocks to Watch for Wednesday
Pete @ 5:12 PM | | Leave a Comment
Crude oil at $100 dominated the news today as speculation in the energy complex and precious metals went to fever pitch. Fanning the flames was the Chinese inflation spiral: up 7.1%, with food up 18.2%.
Meanwhile, the yield on 10-year Treasuries continued to tick up, and along with that, the Dollar.
In international developments, Cuba’s Castro finally threw in the towel while Pakistani President Musharraf looks to be on the way out. One story that deserved much more coverage is the potential domino effect following the independence of Kosovo.
And the Winners Are…
The stock scan conducted after the close on Tuesday found 34 winners and 57 losers.
The winners are listed in alphabetical order below. Click on the column headers to sort the list. Our scan criteria incorporates price movement, range and liquidity (500,000 shares on the day, 20-day average of 1.5 million).
Get your All Access Pass to our research and find out which ones to buy, sell or hold.
| Ticker | Close | Change | Sell | Buy | ToSignal |
|---|---|---|---|---|---|
| AA | 36.2 | 1.34% | 30.58 | -15.54 | |
| AMKR | 11.29 | 0.36% | 9.55 | -15.45 | |
| ATI | 85.34 | 3.49% | 71.23 | -16.54 | |
| BRCD | 7.82 | 1.96% | 6.63 | -15.24 | |
| CE | 40.91 | 1.14% | 36.34 | -11.17 | |
| CHK | 43.65 | 1.39% | 39 | -10.65 | |
| CLF | 122.26 | 4.00% | 98.4 | -19.52 | |
| CMCSA | 20.47 | 1.96% | 18.7 | -8.66 | |
| CMCSK | 20.23 | 1.82% | 18.52 | -8.47 | |
| CVC | 27.62 | -0.61% | 24.46 | -11.43 | |
| DBA | 40.07 | 2.27% | 37.17 | -7.23 | |
| DVN | 96.2 | 3.22% | 84.63 | -12.03 | |
| DYN | 8.07 | 2.29% | 7.01 | -13.13 | |
| FRO | 47.56 | 2.75% | 40.42 | -15.01 | |
| HERO | 26.13 | 3.04% | 22.4 | -14.27 | |
| HPC | 18.38 | 0.00% | 15.99 | -13.01 | |
| ILMN | 73.32 | 1.90% | 65.51 | -10.65 | |
| KWK | 34.09 | 4.57% | 28.97 | -15.01 | |
| MDT | 49.15 | 0.06% | 45.91 | -6.59 | |
| NYT | 19.8 | 8.29% | 16.39 | -17.24 | |
| PAL | 8.05 | 17.60% | 5.31 | -33.98 | |
| PBR | 117.66 | 3.23% | 101.25 | -13.94 | |
| PTEN | 23.57 | 4.83% | 20.38 | -13.55 | |
| PWE | 28.4 | 0.64% | 25.86 | -8.94 | |
| SID | 38.27 | 8.41% | 30.45 | -20.44 | |
| STO | 29.65 | 2.81% | 26.56 | -10.43 | |
| STX | 23.29 | 2.69% | 20.44 | -12.24 | |
| TASR | 11.99 | 0.50% | 10.04 | -16.29 | |
| TEVA | 47.79 | 1.62% | 43.92 | -8.09 | |
| USO | 78.81 | 3.79% | 72.53 | -7.97 | |
| VRSN | 36.38 | 1.81% | 32.68 | -10.18 | |
| WIN | 11.98 | -0.40% | 10.8 | -9.83 | |
| XTO | 57.72 | 3.85% | 50.11 | -13.18 |
Media Digest
- Al-Thani Says Qatar May Spend $15 Billion on Bank Stocks
Sheikh Hamad bin Jasim bin Jaber al-Thani, prime minister of Qatar and chief executive officer of the Qatar Investment Authority, spoke yesterday with Bloomberg’s Janine Zacharia in Doha about plans to invest up to $15 billion in European and U.S. bank stocks. Persian Gulf sovereign wealth funds, whose coffers are swelling with near-record oil prices, have been snapping up stakes in banks with balance sheets battered by U.S. subprime mortgage losses. - Mixed Feelings Towards Kosovo
Although Kosovo officially declared independence Sunday, Serbia said it will not recognize the pronouncement, particularly since there is no UN backing for it. Katinka Barysch, director of the Centre for European Reform gives a global perspective. - Diamond Sees Barclays Growing in U.S. Amid Banking Slump
Robert Diamond, president of Barclays Plc, talks with Bloomberg’s Rishaad Salamat from London about full-year earnings reported today, the bank’s exposure to so-called monoline insurers and its strategy to expand in the U.S. and emerging markets in 2008. The U.K.’s third-biggest bank said second-half profit fell 21 percent to 1.78 billion pounds ($3.48 billion) on asset writedowns and a slump in revenue from fixed-income trading. - China Inflation Hits 11-YR High
With the Chinese consumer price inflation at an 11-year high, Alpesh Patel from Praefinium Group and Puru Saxena from Puru Saxena Limited, discuss whether it is set to rise further. - The comandante retires—sort of
FEW Cubans could quite bring themselves to believe that the day would ever come when Fidel Castro was no longer in charge. But after almost half a century in which he imposed communism on his island and defied a unilateral American embargo, on Tuesday February 19th he announced that he would retire as Cuba’s president and as its “commander-in-chief” later this month. When the country’s new Council of State, its ruling body, is unveiled on February 24th, it is probable that it will be headed by Raúl Castro, Fidel’s younger brother. - Grabbing the bank
IT SHOULD have happened months ago, but the decision, when it came at last, was a humiliating one for what was once one of Britain’s highest-flying banks. On Sunday February 17th Alistair Darling, the chancellor of the exchequer (Britain’s finance minister), announced that Northern Rock would be taken into “temporary public ownership” in the first state takeover of a failed British bank in more than a decade. It is the biggest nationalisation of a British company since the 1970s, but the writing had long been on the wall. - If It Feels Like a Recession …
A slumping housing market, sluggish retail sales, sagging consumer confidence suggest the economy could be heading into a recession. While it may already feel like a recession to millions of Americans, by the time we know for sure, the recession may already be over.
Feb
19
Mad Money Watch for Wednesday
Teresa Lo @ 4:30 PM | | Leave a Comment
The Booyah list is comprised of featured and game plan stocks mentioned by Jim Cramer on Mad Money. The stocks are listed in alphabetical order below. Click on the headers to sort by column.
Want more ideas? Get your All Access Pass to our research.
| Ticker | Close | Change | Sell | Buy | ToSignal |
|---|---|---|---|---|---|
| AAPL | 122.18 | -1.07% | 140.58 | 15.06 | |
| ADCT | 13.58 | -0.66% | 13.08 | -3.68 | |
| AGN | 63.82 | -0.11% | 69.33 | 8.64 | |
| AMX | 60.37 | -0.68% | 55.13 | -8.68 | |
| BDK | 67.95 | 0.10% | 66.61 | -1.97 | |
| BMRN | 40.12 | 0.25% | 35.78 | -10.82 | |
| BMY | 23.16 | 0.13% | 24.1 | 4.04 | |
| BSC | 80.02 | -3.35% | 78.38 | -2.05 | |
| CHTT | 76.88 | -2.05% | 69.81 | -9.2 | |
| CRM | 51.47 | -1.04% | 47.97 | -6.8 | |
| CSCO | 22.88 | -0.13% | 25.16 | 9.98 | |
| CVD | 82.24 | 0.43% | 86.37 | 5.03 | |
| DD | 46.22 | 1.60% | 44.41 | -3.91 | |
| DIS | 32.19 | -0.92% | 29.38 | -8.72 | |
| DOW | 39.18 | 1.45% | 36.51 | -6.82 | |
| DRI | 30.51 | 0.37% | 26.7 | -12.49 | |
| EMC | 15.31 | -3.46% | 16.73 | 9.29 | |
| ENOC | 31.43 | 0.40% | 36.09 | 14.83 | |
| EPIQ | 12.54 | 1.36% | 13.93 | 11.12 | |
| FMC | 55.56 | 0.45% | 50.15 | -9.74 | |
| FTI | 52.49 | 3.02% | 44.65 | -14.93 | |
| GFA | 34.63 | 4.94% | 30.58 | -11.71 | |
| GS | 173.8 | -2.58% | 197.18 | 13.45 | |
| GU | 11.39 | -0.96% | 8.27 | -27.35 | |
| HAL | 36.33 | 1.37% | 32.3 | -11.11 | |
| IBM | 105 | 0.13% | 99.92 | -4.84 | |
| IDXX | 56.75 | 1.65% | 58.23 | 2.6 | |
| IGT | 46.54 | 0.48% | 41.81 | -10.17 | |
| ISRG | 290.5 | -2.10% | 247.09 | -14.94 | |
| JCP | 46.39 | 0.43% | 41.33 | -10.92 | |
| KKD | 2.9 | 1.75% | 2.36 | -18.6 | |
| LM | 68.18 | -1.30% | 75.04 | 10.07 | |
| LVLT | 2.43 | -2.02% | 2.96 | 22.01 | |
| MO | 72.93 | 0.61% | 70.83 | -2.88 | |
| MSFT | 28.17 | -0.11% | 30.49 | 8.24 | |
| NOK | 36.07 | 0.19% | 33.32 | -7.64 | |
| NYX | 66.73 | -3.61% | 74.91 | 12.25 | |
| PBR | 117.66 | 3.23% | 101.25 | -13.94 | |
| PEP | 71.14 | -0.82% | 67.23 | -5.5 | |
| QDEL | 17.99 | 12.65% | 14.84 | -17.5 | |
| RAD | 2.53 | 0.00% | 2.37 | -6.19 | |
| RIO | 33.5 | 4.59% | 27.39 | -18.25 | |
| RL | 64.78 | -1.73% | 58.75 | -9.32 | |
| RVBD | 21.82 | -2.64% | 18.98 | -13.01 | |
| S | 9.23 | -3.55% | 11.06 | 19.85 | |
| SBUX | 18.1 | 0.32% | 20.53 | 13.42 | |
| SIRI | 3.1 | -4.02% | 2.85 | -8.08 | |
| SLM | 22.05 | 0.64% | 17.28 | -21.64 | |
| SXE | 25.08 | 4.22% | 27.43 | 9.36 | |
| T | 35.89 | -5.23% | 34.18 | -4.76 | |
| T | 35.89 | -5.23% | 34.18 | -4.76 | |
| TEX | 61.17 | 1.43% | 49.28 | -19.44 | |
| TJX | 29.73 | -1.03% | 29.15 | -1.96 | |
| UPL | 78.59 | 3.86% | 68.91 | -12.32 | |
| VZ | 35.34 | -6.56% | 39.19 | 10.89 | |
| WG | 35.7 | 3.48% | 30.91 | -13.41 | |
| WIND | 7.89 | -1.87% | 8.98 | 13.79 | |
| XOM | 87.01 | 2.66% | 79.72 | -8.38 |
Feb
19
Gold and the Return to “Sound Money”
Teresa Lo @ 3:21 PM | | Leave a Comment
The desire for economic stability has made many people nostalgic for a return to simpler times. No one has done a better job of dumbing it down for the masses than Ron Paul.
His message is simple: abolish the Federal Reserve (love the support from the Mises “Institute”) and return to sound money.
But nothing is ever simple. The devil is always in the details, so if you’ve hungered for real and substantial analysis, check out the research papers by Matthias Morys. His work was featured at the Austrian National Bank Workshop 13: The Experience of Exchange Rate Regimes in Southeastern Europe in a Historical and Comparative Perspective.
- The Emergence of the Classical Gold Standard
This paper asks why the Classical Gold Standard (1870s - 1914) emerged: Why did the vast majority of countries tie their currencies to gold in the late 19th century, while there was only one country – the UK – on gold in 1850? The literature distinguishes a number of theories to explain why gold won over bimetallism and silver. We will show the pitfalls of these theories (macroeconomic theory, ideological theory, political economy of choice between gold and silver) and show that neither the early English lead in following gold nor the German shift to gold in 1873 was as decisive as conventional accounts have it. Similarly, we argue that the silver supply shock materializing in the early 1870s was only the nail in the coffin of silver and bimetallic standards. Instead, we focus on the impact of the 1850s gold supply shock (due to the immense gold discoveries in California and Australia) on the European monetary system. Studying monetary commissions in 13 European countries between 1861 and 1874, we show that the pan-European movement in favor of gold monometallism was motivated by three key factors: gold being available in sufficient quantities to actually contemplate the transition to gold monometallism for a larger number of countries (while silver had become extremely scarce in the bimetallic bloc, which was the single most important currency area in terms of GDP), widespread misgivings over the working of bimetallism and the fact that gold could encapsulate substantially more value in the same volume than silver (i.e. coin convenience). In our view, then, the emergence of the Classical Gold Standard was imminent in the late 1860s; which European country would move first – which is often erroneously attributed to Germany – is of secondary importance. - Adjustment under the Classical Gold Standard (1870s-1914):
How Costly did the External Constraint Come to the European periphery? (PDF)
This paper asks whether following a system of fixed exchange-rates is more difficult for poor countries than for rich countries by drawing on the European experience under the Classical Gold Standard (1870s – 1914). Conventional wisdom has that peripheral economies had to “play by the rules of the game”, while core countries could get away with frequent violations. We construct a data base unique in terms of frequency and the number of countries included. Drawing on the experience of three core economies (England, France, Germany) and seven peripheral economies (Austria-Hungary, Bulgaria, Greece, Italy, Norway, Serbia, Sweden), this paper shows that a careful analysis of the data tells otherwise. Our findings, based on a VAR model and impulse response functions, suggest that the average gold drain differed substantially across peripheral economies, with Austria-Hungary and Italy playing in a league with Germany and France rather than with the other peripheral economies. We also show that some peripheral economies enjoyed enough “pulling power” via discount rate policy to reverse quickly any such gold outflow. In essence, while the experience of some peripheral economies under gold was poor and hence normally short-lived, the experience of other peripheral countries resembled more those of the core economies. Our findings suggest that real economic performance and monetary performance are less closely intertwined than conventionally thought.
Nikolaus Wolf also had something to say…
- What Europe’s exit from gold in the 1930s says about the euro
In 1929, tightening monetary conditions in the US reduced capital outflows to the rest of the world and forced deficit countries to tackle their imbalances. This put countries on the gold-exchange standard between Scylla and Charybdis. On the one hand, adherence to the system – neither imposing capital controls nor devaluing the currency – implied a painful increase in real factor costs and reduced international competitiveness. On the other hand, unilateral steps towards devaluation or capital controls risked diminishing confidence in the stability of the national currency. And such confidence was highly valued in European countries that had just experienced a hyperinflation, had not yet established any track record of monetary policy, or just badly needed foreign capital for domestic development. - Central Bank Gold Reserves: An Historical Perspective Since 1845
This paper examines the evolution of central bank gold reserves in the wake of the great gold rushes of the mid-nineteenth century, when for the first time gold really became a widely circulating monetary metal in the pockets of millions of people in many countries, as well as being held increasingly by central banks and treasuries.
Feb
18
Stocks to Watch for Tuesday
Teresa Lo @ 2:22 AM | | Leave a Comment
With U.S. stock markets closed on Monday, it looks like the nationalization of Northern Rock and the election in Pakistan will take center stage.
And the Winners Are…
The stock scan conducted after the close on Friday found 24 winners and 41 losers.
The winners are listed in alphabetical order below. Click on the column headers to sort the list. Our scan criteria incorporates price movement, range and liquidity (500,000 shares on the day, 20-day average of 1.5 million).
Get your All Access Pass to our research and find out which ones to buy, sell or hold.
| Ticker | Close | Change | Sell | Buy | %ToSignal |
|---|---|---|---|---|---|
| AA | 35.72 | 1.39% | 30.41 | -14.87 | |
| AMKR | 11.26 | 5.90% | 9.04 | -19.76 | |
| BRCD | 7.65 | 12.41% | 6.06 | -20.82 | |
| CE | 40.45 | 1.48% | 36.16 | -10.6 | |
| CLF | 117.56 | 1.67% | 98.17 | -16.5 | |
| CMCSA | 20.19 | 4.78% | 17.73 | -12.19 | |
| CMCSK | 19.97 | 3.88% | 17.6 | -11.84 | |
| CPB | 33.44 | 6.13% | 30.79 | -7.92 | |
| CVC | 27.72 | 2.29% | 23.59 | -14.89 | |
| DTV | 25.49 | 1.11% | 21.32 | -16.35 | |
| DTV | 25.49 | 1.11% | 21.32 | -16.35 | |
| DYN | 7.98 | 2.31% | 6.88 | -13.73 | |
| ETFC | 5.13 | 2.39% | 3.61 | -29.54 | |
| GES | 40.3 | 0.72% | 34.98 | -13.21 | |
| HMA | 5.88 | 0.10% | 5.31 | -9.66 | |
| HPC | 18.38 | 1.83% | 15.65 | -14.87 | |
| ILMN | 71.95 | 1.55% | 64.45 | -10.43 | |
| KR | 26.87 | 2.25% | 27.01 | 0.51 | |
| MDT | 49.12 | 2.08% | 45.56 | -7.25 | |
| PAL | 6.76 | 16.33% | 4.77 | -29.45 | |
| SID | 35.33 | 0.60% | 29.24 | -17.25 | |
| STO | 28.84 | 3.11% | 25.7 | -10.89 | |
| VRSN | 36.21 | 1.54% | 32.68 | -9.75 | |
| WIN | 12.1 | 3.07% | 10.42 | -13.87 |
Media Digest
- The Dumbing Of America
Harvard University’s Kiku Adatto found that between 1968 and 1988, the average sound bite on the news for a presidential candidate — featuring the candidate’s own voice — dropped from 42.3 seconds to 9.8 seconds. By 2000, according to another Harvard study, the daily candidate bite was down to just 7.8 seconds. The shrinking public attention span fostered by video is closely tied to the second important anti-intellectual force in American culture: the erosion of general knowledge. Not knowing a foreign language or the location of an important country is a manifestation of ignorance; denying that such knowledge matters is pure anti-rationalism. The toxic brew of anti-rationalism and ignorance hurts discussions of U.S. public policy on topics from health care to taxation. - RSIS’s Iqbal Says Situation in Pakistan ‘Unpredictable’
Khuram Iqbal, research analyst at the Rajartnam School of International Studies, talks with Bloomberg’s Bernard Lo from Singapore about the outlook for Pakistan’s parliamentary elections today. More than 81 million Pakistanis are registered to vote for 272 lawmakers in the 342-member Parliament, in an election postponed following the assassination of former leader Benazir Bhutto in December. - Asia Still Hinged to Wall Street
Asia has largely decoupled from the U.S. but its markets are correlated to Wall Street, says Elan Cohen, senior portfolio manager at JPMorgan Private Bank, speaking with CNBC’s Maura Fogarty.
Feb
18
Mad Money Watch for Tuesday
Teresa Lo @ 2:04 AM | | Leave a Comment
The Booyah list is comprised of featured and game plan stocks mentioned by Jim Cramer on Mad Money. The stocks are listed in alphabetical order below. Click on the headers to sort by column.
Want more ideas? Get your All Access Pass to our research.
| Ticker | Close | Change | Sell | Buy | %ToSignal |
|---|---|---|---|---|---|
| AAPL | 124.63 | -2.40% | 140.58 | 12.8 | |
| ADCT | 13.68 | -0.61% | 13.08 | -4.38 | |
| AGN | 63.89 | 0.13% | 69.33 | 8.52 | |
| AMX | 60.69 | -1.45% | 55.13 | -9.16 | |
| BDK | 68.16 | -0.91% | 66.61 | -2.27 | |
| BMRN | 40.02 | -1.44% | 35.78 | -10.6 | |
| BMY | 23.3 | 0.39% | 24.1 | 3.42 | |
| BSC | 82.79 | 5.39% | 78.38 | -5.33 | |
| CHTT | 78.49 | -0.08% | 69.81 | -11.06 | |
| CRM | 53.84 | -2.34% | 47.97 | -10.9 | |
| CSCO | 23.3 | -0.81% | 25.16 | 7.99 | |
| CVD | 82.07 | -1.18% | 86.37 | 5.24 | |
| DD | 45.49 | -1.58% | 44.41 | -2.37 | |
| DIS | 32.49 | 0.40% | 29.38 | -9.57 | |
| DOW | 38.62 | 0.18% | 36.51 | -5.46 | |
| DRI | 30.54 | 0.40% | 26.7 | -12.57 | |
| EMC | 15.9 | -1.55% | 16.73 | 5.23 | |
| ENOC | 31.31 | -4.30% | 36.09 | 15.27 | |
| EPIQ | 12.48 | -1.45% | 14.15 | 13.36 | |
| FMC | 55.31 | 0.98% | 49.64 | -10.25 | |
| FTI | 50.95 | -2.15% | 44.65 | -12.36 | |
| GFA | 33.5 | -1.79% | 30.58 | -8.73 | |
| GS | 178.41 | 1.38% | 197.18 | 10.52 | |
| GU | 11.5 | 6.72% | 8.07 | -29.79 | |
| HAL | 35.84 | 0.00% | 31.98 | -10.77 | |
| IBM | 106.16 | 0.07% | 99.92 | -5.88 | |
| IDXX | 55.83 | -1.53% | 58.23 | 4.29 | |
| ISRG | 303.27 | 1.31% | 247.09 | -18.53 | |
| JCP | 46.66 | 1.66% | 41.33 | -11.43 | |
| KKD | 2.85 | -7.87% | 2.36 | -17.17 | |
| LM | 69.08 | -0.89% | 75.04 | 8.63 | |
| LVLT | 2.48 | -6.04% | 3.12 | 25.75 | |
| MO | 72.53 | -0.33% | 70.83 | -2.34 | |
| MSFT | 28.42 | -0.07% | 30.49 | 7.29 | |
| NOK | 36.11 | -0.58% | 33.32 | -7.74 | |
| NYX | 69.25 | 1.26% | 74.91 | 8.17 | |
| PBR | 114.45 | -0.72% | 101.25 | -11.53 | |
| PEP | 71.73 | 0.22% | 67.23 | -6.28 | |
| RAD | 2.53 | 0.78% | 2.37 | -6.19 | |
| RIO | 32.03 | -0.47% | 27.08 | -15.46 | |
| RL | 65.92 | 0.35% | 58.75 | -10.88 | |
| RVBD | 22.39 | -1.44% | 18.98 | -15.22 | |
| S | 9.57 | -1.24% | 9.34 | -2.37 | |
| SBUX | 18.29 | 0.55% | 20.53 | 12.24 | |
| SIRI | 3.23 | 1.88% | 2.85 | -11.78 | |
| SLM | 21.98 | 0.46% | 17.06 | -22.39 | |
| T | 37.88 | 0.11% | 34.18 | -9.76 | |
| T | 37.88 | 0.11% | 34.18 | -9.76 | |
| TEX | 59.8 | -0.61% | 49.28 | -17.59 | |
| TJX | 30.04 | 0.43% | 29.15 | -2.97 | |
| UPL | 75.67 | -0.94% | 68.47 | -9.52 | |
| VZ | 37.83 | -0.60% | 39.19 | 3.59 | |
| WIND | 8.04 | -0.65% | 8.98 | 11.67 | |
| XOM | 85.37 | -0.20% | 79.72 | -6.62 |
Feb
17
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Teresa Lo @ 10:39 PM | | Leave a Comment
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