FeedPosted Nov 26th 2009 2:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Commodities, Oil, Stocks to Buy
"Holly Corp. (HOC), an independent petroleum refiner gave a solid 'Buy' signal a little over two months ago and appears poised to continue moving a lot higher," suggests Mike Turner, editor of the newly-launched advisory service, Mastering the Markets.
"Holly Corp. is my top-ranked 'Doubler' -- my list of stocks with the potential to double in price. With regard to HOC's fundamentals, I like the following:
"First, Holly has delivered impressive year-over-year earnings growth of +34.8%. I also look at multi-year (3 to 5 years) average earnings growth, as this tells me if a particular company has long-term staying power. In this case, HOC has delivered exceptional five-year average earnings growth of +25.7%.
Continue reading Holly Corp. (HOC): A 'potential double'
Posted Nov 25th 2009 12:50PM by Brent Archer (RSS feed)
Filed under: Forecasts, Bad news, Halliburton (HAL), Options, Technical Analysis, Oil
Halliburton (HAL - option chain) stock is trading lower after the company said Tuesday that reduced activity by major Mexican customer Petroleos Mexicanos will reduce HAL's Q4 EPS by 2 cents. Analysts previously had expected 0.28 EPS from HAL in the fourth quarter. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on HAL.
Wednesday, HAL opened at $29.95. In early trading, the stock hit a high of $30.05 and a low of $29.30. As of 11:10, HAL was trading at $29.76, down $0.70 (-2.3%). The chart for HAL looks neutral and S&P gives HAL a neutral 3 STARS (out of 5) hold ranking.
Continue reading Halliburton (HAL) warns of weaker Q4 earnings
Posted Nov 25th 2009 7:45AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Market matters, Tiffany and Co (TIF), Economic data, Deere and Co (DE), Oil, Housing, Federal Reserve

U.S. stock futures advanced Wednesday morning ahead of what is going to be a busy day full of economic reports before Thanksgiving. While investor sentiment is still upbeat following the Federal Reserve minutes and optimism about the economy, trading could be choppy today given the market is closed tomorrow. The market will reopen Friday for a short day.
U.S. stocks fell on Tuesday on lackluster economic data, namely the GDP revision downward. However, the losses eased after the FOMC minutes and the Fed raised its growth expectations for 2010.
Continue reading Before the bell: Futures higher ahead of housing, jobless data
Posted Nov 23rd 2009 10:30AM by Connie Madon (RSS feed)
Filed under: Market matters, Options, Commodities, Oil
It's Monday morning and it's the same old, same old: gold surges to a new high; commodities rally; stocks rally; and the dollar is weaker. Traders see this as a no brainer.
Spot gold is strong today, reaching a new high of $1165.45 per ounce, up from Friday's close of $1148.20. On the COMEX, gold traded at $1,165.90, up $19.10 per ounce (each $1.00 equals $100.00). Gold has been spurred higher by central bank and fund buying.
Options traders are betting on gold rising to $1,200 per ounce. That's only $35 away. We could see that in another day of two if current trend continues.
Continue reading Gold surges to another new high of $1167 per ounce
Posted Nov 23rd 2009 7:45AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Market matters, Economic data, Commodities, Oil

U.S. stock futures rose Monday morning as investors reacted to rising commodity prices, including a new record for gold, and the dollar's retreat. Further, economists expect job losses to peak in the first quarter. It seems Wall Street is about to join the
world markets rally.
The U.S. dollar fell against the euro and the yen Monday, following some escalating tensions with Iran and after Federal Reserve Bank of St. Louis President James Bullard said the central bank should
continue its asset-buying program beyond its current cut-off date. The Dollar Index fell for the first time in three days. What's more, forecasters predict that it will
continue sliding, even when the Fed begins to raise interest rates based on supply and demand forces.
Continue reading Before the bell: Stock futures higher as gold sets another record, dollar slumps
Posted Nov 20th 2009 7:50AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Dell (DELL), Market matters, Economic data, Commodities, Oil

U.S. stock futures fell Friday morning, indicating continued weakness in the stock market. Dell's worse-than-expected earnings reported late Thursday are putting pressure on equities as a whole and technology shares in particular. Investors may be moving toward safer securities in the absence of confidence in the strength of the sector, which has already stumbled the last couple of days.
On Thursday, stocks fell across the board: the Dow industrials were down 0.9%, the S&P 500 declined 1.3% and the Nasdaq composite skidded 1.7%, following an analyst downgrade of semiconductors. This put further pressure on a sector that was already reeling from earnings the day before. Economic reports didn't help to increase investors' confidence Thursday.
Continue reading Before the bell: Futures lower on Dell's earnings, ECB move
Posted Nov 18th 2009 7:45AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Deals, Market matters, Hershey Co (HSY), Economic data, Kraft Foods'A' (KFT), Commodities, Oil, Housing

U.S. stock futures edged higher Wednesday morning, a little above the 13-month highs they reached Tuesday, as investors await key data figures, including consumer prices and housing starts. As traders take a breather from the recent runup in stocks, the same trends that pushed markets higher on Tuesday remain: the dollar dropped and commodities soared, driving mining stocks higher in overseas markets.
[
Update 8:30 a.m.: October housing starts were down 30% from last year, the weakest since April. CPI rose 0.3% in October on higher energy, car prices. At first glance, these figures may affect the mood negatively.
8:35 a.m.: Stock market futures are declining, indicating a lower start.]
Continue reading Before the bell: Futures fall after housing, inflation data
Posted Nov 16th 2009 10:00AM by Connie Madon (RSS feed)
Filed under: Market matters, Commodities, Oil, Agriculture
It's Monday morning. Looking at the boards, the dollar is weaker and gold climbs to another record high. Spot gold in London traded at $1,133.07 per ounce. The December gold futures contract traded at $1,133.50 per ounce.
Again today, the dollar traded down, with the December dollar contract trading at 75.105, down 32 (prices as of 8:39 EDT). The other precious metals followed gold higher. December silver traded at $17.815 per ounce up 43.5 cents. Platinum was at $1,428.90 per ounce, up $41.20. Palladium traded at $365.15, up $8.40
Continue reading Gold blasts to another record high of $1,133.07 per ounce
Posted Nov 16th 2009 9:20AM by Jim Cramer (RSS feed)
Filed under: Cisco Systems (CSCO), Market matters, International Business Machines (IBM), Caterpillar (CAT), Colgate-Palmolive (CL), Procter and Gamble (PG), Freep't McMoRan Copper (FCX), Oil, Stocks to Buy, Cramer on BloggingStocks
The Street.com's Jim Cramer says that OPEC may take oil out of the equity-market equation and make stock-picking matter again. If OPEC says it likes an oil price in the $75-78 range, as it said today, we could be looking at a nirvana moment for stocks. We know that any time oil bounces, the S&P 500 futures go up. Any time it goes down, the S&P futures go down. But if OPEC wants to keep it right here, we take oil out of the equation and make stock-picking matter again.
Right now, the Saudis are telling the big oil-shipping companies that they want to bring 1 million barrels a day into the market straight away to keep oil below $80. That can be used to overwhelm the speculators who are tying up as much as 20% of the oil fleet in the world to keep oil off the market and buoy its price. But they will not bring the oil to the market below $75.
Continue reading Cramer on BloggingStocks: Oil and the equity nirvana
Posted Nov 15th 2009 4:31PM by Connie Madon (RSS feed)
Filed under: Forecasts, Management, Competitive strategy, China, Oil
The price of oil has risen from about $30 per barrel at the height of the economic recession to the present $77 per barrel. Much of the increase is due to the weakness in the U.S. dollar. Rex Tillerson, CEO of Exxon Mobil (XOM) told CNBC: "If you put the price of oil, which is priced in dollars around the world, and if you look at what some effects are with the weak dollar -- in our view that is contributing $20 to $25 dollars per barrel to the price."
Globally, Tillerson said, oil is well supplied with historic high inventory levels, especially in the U.S. This is causing the market to be a "bit soft," according to Tillerson.
Continue reading Weak dollar adds $20 to the price of oil
Posted Nov 13th 2009 10:40AM by Jim Cramer (RSS feed)
Filed under: Market matters, BP p.l.c. ADS (BP), Oil, Cramer on BloggingStocks
TheStreet.com's Jim Cramer says if the market made sense, you could buy retail and restaurants off the lower oil price.
Here's the pattern: We get shelled by oil. It drops to $76 or $77, all energy goes down, and it takes everything else with it. Some of tech has been spared lately because of 3Com (COMS) (Cramer's Take).
Then, in the following couple of days, oil stabilizes (but not after it hurts the oils again), rallies, and everything goes with it.
That's what's been occurring. I don't know why it's any different. In this moment in time, it's often best to buy the most hammered natural gas stocks because they come back fast. The best value is Devon (DVN) (Cramer's Take), but it simply isn't down enough. Apache (APA) (Cramer's Take) would make sense below $60, which is still a ways from here.
Continue reading Cramer on BloggingStocks: Recognize the ludicrous pattern
Posted Nov 13th 2009 7:45AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Market matters, Walt Disney (DIS), Penney (J.C.) (JCP), Abercrombie and Fitch (ANF), Economic data, Oil

U.S. stock futures were higher Friday morning indicating Wall Street, after taking a two-day rest from its drive upward, was ready to rebound. While investors await several economic releases, including trade balance and consumer sentiment, Walt-Disney's better-than-expected results has helped sentiment.
On Thursday, U.S. stocks declined, after crude inventories were reported higher than expected,
dragging down oil prices, oil companies and the markets. Investors also questioned the sustainability of the recent rally, driving the Dow industrials down nearly 100 points.
Continue reading Before the bell: Stock futures higher ahead of consumer sentiment, trade gap data
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