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05/11/2010 - 15:48 I hate to be an alarmist, but the huge move in the price of gold today should have investors very concerned. Simply put, you have to be in this sector right now if you are looking to protect the purchasing power of your money. I believe that the sovereign debt crisis in the Eurozone is just the beginning of what will turn out to be a worldwide debt and currency crisis. -
05/11/2010 - 16:21 Shares of Walt Disney Company (NYSE: DIS) are falling in the after-hours after the company reported that EPS and revenue beat Street estimates. The company reported EPS of $0.48 ex-items and revenue of $8.58 billion; the Street was at $0.45 EPS. Every single segment of the business reported gains. -
05/11/2010 - 15:36 Nokia (NYSE: NOK) has simplified its business structure, which will now comprise of 3 teams, reshuffled its management team. The new structure will be effective from July 1. "We suspect this may foreshadow a large restructuring in the device business," analysts at Morgan Keegan say. -
05/11/2010 - 15:59 Shares of Satyam Computer Services (NYSE: SAY) are off 2.61% to $5.16 today; it is currently trading below both the 50-day and 200-day moving average. One large trader is coming in to sell volatility in the name via a covered call today; the October $5 call was sold on the bid earlier in the day for $0.80. -
05/11/2010 - 15:52 Commodities prices are on the rise today with Gold, Silver, and Platinum Futures gaining nicely on the session. This is occurring in the face of a rising U.S. Dollar as well, which, as most of you know, are usually correlated inversely. -
05/11/2010 - 16:19 Potash speaker, Paul Burnside of British Sulphur, indicated that long-term demand for potash and other fertilizers is rising. The demand is being driven by an increase in global population, which should subsequently lead to increased demand for food, and a fall in arable land per capita ratio. -
05/07/2010 - 10:24 Ken Langone, a noted investor and former director of the New York Stock Exchange, appeared on Fox Business News yesterday. He talked about the problems occurring in the Eurozone and the state of the U.S. economy. Speaking of the United States, Langone said "we're being given a preview of what can happen here in future years in Europe right now." -
05/11/2010 - 15:51 Analysts at Jefferies remain positive on Google (NASDAQ: GOOG) and Yahoo! (NASDAQ: YHOO). -
05/11/2010 - 16:11 Gold has given another buy signal today -
05/07/2010 - 12:56 Yesterday when U.S. equity markets went into free fall during afternoon trading, taking the Dow Jones Industrial Average momentarily below 10,000, there were reports that a so-called "fat finger" error may have been responsible for the meltdown. | | | Today's Trading Ideas | | Most Popular
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