European finance leaders finished an apparently successful summit and that has American investors cheering. Add these two items to the good news category: the Standard & Poor's 500 index is on track to post its best month since January 1987 and U.S. consumer spending picked up in the third quarter.
The Dow Jones industrial average was up 2.92 percent, or 346.70, to 12,215.74; the Nasdaq was up 3.32 percent, or 87.96 points, to 2,738.63; and the Standard & Poor's 500 was up 3.43 percent, or 42.57 points, to 1,284.57; the NYSE composite was up 3.90 percent, or 292.53 points, to 7,798.68; and the AMEX composite was up 1.63 percent, or 37.20 points, to 2,312.91.
Hot Stocks
Financial stocks were some of the best-performing today. Citigroup Inc. (NYSE:C) was up 9.47 percent, or $2.95, to $34.11.
Exxon Mobil Corp. (NYSE:XOM) reported a whopping 41 percent increase in quarter-to-quarter revenue and beat Q3 EPS estimates, but was up only 0.94 percent, or $0.78, to $81.87.
Time Warner Cable (NYSE:TWC) missed Q3 EPS and revenue projections. The nation's second-largest cable provider was down 7.86 percent, or $5.56, to $65.08.
Motorola Mobility Holdings Inc. (Nasdaq:MMI) was up 0.31 percent, or $0.12, to $39.02 ahead of an after-hours quarterly earnings release. Shares were trading down slightly after hours after investors found MMI missed expectations.
Las Vegas Sands Inc. (NYSE:LVS) was up 4.44 percent, or $1.93, to $45.40. The company was up in after-hours trading after beating quarterly revenue estimates.
Advanced Micro Devices Inc. (NYSE:AMD) was up 8.73 percent, or $0.4450, to $5.54. It was trading even after-hours on news it beat quarterly revenue and EPS estimates.
Electronic Arts Inc. (Nasdaq:ERTS) was up 0.45 percent, or $0.11, to $24.50. In after-hours trading, the company is down 2.5 percent despite beating quarterly estimates.
Commodities and Currencies
Oil was up 4.04 percent, or $3.64, to $93! .84 per barrel. Gold was up 0.74 percent, or $12.80, to $1,735.50 per ounce.
The euro gained 0.0296 against the U.S. dollar to 1.4189.
The dollar lost 0.3005 against the Japanese yen to 75.9400. The British pound gained 0.0141 against the dollar to 1.6102.
International Markets
International markets, particularly in Europe, were upbeat today. France's CAC 40 led the parade, up 6.26 percent, or 199.00 points, to 3,368.62. Germany's DAX was up 5.35 percent, or 321.77 points, to 6,337.84; and Britain's FTSE was up 2.89 percent, or 160.59 points, to 5,713.82.
Japan's Nikkei was up 2.04 percent, or 178.07 points, to 8,926.54; and Hong Kong's Hang Seng was up 3.26 percent, or 622.16 points, to 19,688.70; Singapore's Straits Times was up 2.80 percent, or 77.63 points, to 2,847.57; and China's Shanghai Composite was up 0.34 percent, or 8.13 points, to 2,435.61.
Industry Watch
The toy and hobby store industry was the day's best performer, up 14.24 percent. That was all due to Build-A-Bear Workshop Inc.'s (NYSE:BBW) strong quarterly results. Shares ended up 14.24 percent, or $0.83, to $6.66.
The healthcare information systems industry was the day's worst performer, down 3.78 percent. Quality Systems Inc. (Nasdaq:QSII) was down 3.53 percent, or $1.53, to $41.82. The company completed a two-for-one stock split today and reported strong quarterly numbers.
Best and Worst
China Yida Holdings Co. (Nasdaq:CNYD) was the day's biggest percentage gainer, up 34.13 percent, or $0.71, to $2.79.
Orrstown Financial Services Inc. (Nasdaq:ORRF) was the day's biggest percentage decliner, down 29.62 percent, or $3.91,to $9.29 on a swing from profit to loss from last year's Q3 to this year's.
Showing posts with label Penny Stocks. Show all posts
Showing posts with label Penny Stocks. Show all posts
Tuesday, January 17, 2012
Saturday, November 12, 2011
Top Oil Stocks 2011/2012 – Top Oil Stocks to Buy 2011/2012
Oil Stocks to Buy 2011/2012- 2011/2012 Oil Stocks
Below is a list of my latest oil stock picks for 2011/2012. These 2011/2012 Oil Stock Picks are my favor stocks to buy and some of the stocks I will be trading personally. Last year, one of my top oil stock picks was Brigham Exploration (BEXP). BEXP stock went from $15 to $27 from July to December of 2010 and was one of my biggest stock gainers of the year. I feel 2011 will be a good year for stocks and the overall stock market. Oil in 2011 should hit $110-$120 which would make the oil stocks rally even higher.
Key Areas of Oil Exploration in 2011 – Eagle Ford Shale – Niobrara Shale – Bakken Shale – Permian Basin – Oil Discoveries are still going on in these fields and in 2011, more Oil Discoveries will be made. Keep an eye on the Chainman Shale – Cabot Oil & Gas (COG) mentioned in late 2010 that they are drilling for oil in the Chainman Shale. We also have Venoco (VQ) drilling the Monterey Shale in California. With that, here is a list of my best oil stock picks for 2011
#1 Top Oil Stock Pick 2011/2012 – Oil Stocks – Hyperdynamics Corporation (HDY) – While Hyperdynamics (HDY) is my top stock pick of 2010, it is a risky one. The company has no revenues and does not make any money but could be sitting on a very large pool of oil off the coast of Africa. Drilling for oil is expected to begin in December 2011. Hyperdynamics was headed into a downward spiral over the past couple years but changed the management team in 2010 who vowed to take the company in a new direction. Hyperdynamics has a very large prospective leased area off the coast of the Republic of Guinea. In November 2010, Hyperdynamics raised $30 million in a private placement from financial giant Blackrock (BLK) which will help in preperation costs to drill for oil in late 2011. Hyperdynamics did a few surveys and believe they could be sitting on billions of barrels of oil.
As for HDY stock in 2011, It is my top stock to buy and my best trading idea. I have been trading HDY since the stock was $1.60 in August 2010 and gave it a price target of $4 – $6 for 2011. HDY hit a high of $3.63 in October 2010 and continues to trade around $3.00 as we head into 2011. If everything goes as planned and the company does infact sit on top of a large oil pool, we could be looking at a $8-$10 stock by year end 2011 in my opinion. I gave it a target of $4 – $6 when the stock was hitting $2.60 just to be on the conservative side. Of coarse, if Hyperdynamics announces any delays or lesser oil reserves, all bets are off. Pullbacks below $2.50 should be a great buy if you are looking for an entry point. I currently own HDY stock for the long term and will buy more stock on pullbacks. If you have any questions or feel like discussing HDY stock, visit my HDY message forum thread.
#2 Top Oil Stock Pick for 2011 - Kodiak Oil & Gas (KOG) – Kodiak Oil & Gas was another huge stock gainer for me at the end of 2010. I bought KOG stock at $4.30 in mid November 2010 and sold between $5.00-$5.70 a month later. KOG went on to hit $6.69 a few weeks later. Kodiak Oil in Gas recently aquired additional acreage in the Bakken Shale. This acreage is in some of the best zones in the Bakken which includes the Three Forks Oil zone. When I originally bought KOG at $4.30, I placed a personal target of $8-$10 on it for 2011. I am sticking with this and feel the stock could even hit $12. A lot will depend on what oil does but ultimately the stock is going a lot higher. While I don’t own KOG right now, I plan to buy the stock on any major correction.
Below is a list of my latest oil stock picks for 2011/2012. These 2011/2012 Oil Stock Picks are my favor stocks to buy and some of the stocks I will be trading personally. Last year, one of my top oil stock picks was Brigham Exploration (BEXP). BEXP stock went from $15 to $27 from July to December of 2010 and was one of my biggest stock gainers of the year. I feel 2011 will be a good year for stocks and the overall stock market. Oil in 2011 should hit $110-$120 which would make the oil stocks rally even higher.
Key Areas of Oil Exploration in 2011 – Eagle Ford Shale – Niobrara Shale – Bakken Shale – Permian Basin – Oil Discoveries are still going on in these fields and in 2011, more Oil Discoveries will be made. Keep an eye on the Chainman Shale – Cabot Oil & Gas (COG) mentioned in late 2010 that they are drilling for oil in the Chainman Shale. We also have Venoco (VQ) drilling the Monterey Shale in California. With that, here is a list of my best oil stock picks for 2011
#1 Top Oil Stock Pick 2011/2012 – Oil Stocks – Hyperdynamics Corporation (HDY) – While Hyperdynamics (HDY) is my top stock pick of 2010, it is a risky one. The company has no revenues and does not make any money but could be sitting on a very large pool of oil off the coast of Africa. Drilling for oil is expected to begin in December 2011. Hyperdynamics was headed into a downward spiral over the past couple years but changed the management team in 2010 who vowed to take the company in a new direction. Hyperdynamics has a very large prospective leased area off the coast of the Republic of Guinea. In November 2010, Hyperdynamics raised $30 million in a private placement from financial giant Blackrock (BLK) which will help in preperation costs to drill for oil in late 2011. Hyperdynamics did a few surveys and believe they could be sitting on billions of barrels of oil.
As for HDY stock in 2011, It is my top stock to buy and my best trading idea. I have been trading HDY since the stock was $1.60 in August 2010 and gave it a price target of $4 – $6 for 2011. HDY hit a high of $3.63 in October 2010 and continues to trade around $3.00 as we head into 2011. If everything goes as planned and the company does infact sit on top of a large oil pool, we could be looking at a $8-$10 stock by year end 2011 in my opinion. I gave it a target of $4 – $6 when the stock was hitting $2.60 just to be on the conservative side. Of coarse, if Hyperdynamics announces any delays or lesser oil reserves, all bets are off. Pullbacks below $2.50 should be a great buy if you are looking for an entry point. I currently own HDY stock for the long term and will buy more stock on pullbacks. If you have any questions or feel like discussing HDY stock, visit my HDY message forum thread.
#2 Top Oil Stock Pick for 2011 - Kodiak Oil & Gas (KOG) – Kodiak Oil & Gas was another huge stock gainer for me at the end of 2010. I bought KOG stock at $4.30 in mid November 2010 and sold between $5.00-$5.70 a month later. KOG went on to hit $6.69 a few weeks later. Kodiak Oil in Gas recently aquired additional acreage in the Bakken Shale. This acreage is in some of the best zones in the Bakken which includes the Three Forks Oil zone. When I originally bought KOG at $4.30, I placed a personal target of $8-$10 on it for 2011. I am sticking with this and feel the stock could even hit $12. A lot will depend on what oil does but ultimately the stock is going a lot higher. While I don’t own KOG right now, I plan to buy the stock on any major correction.
Saturday, November 5, 2011
Where To Buy Penny Stocks
Tips On Where To Buy Penny Stocks
For those not acquainted with what penny stocks are, these would be stocks offered at under $5 a share. The goal here is to procure the stocks at reasonable prices and sell them for over what they cost to buy. Some will purchase these stocks for long-term investments but most of the people wondering where to buy penny stocks will look towards trading.
Daytrading is the method of selling and purchasing stocks in the exact same day. It’s no secret that such an enterprise includes great jeopardy. Nevertheless many have conclusively proved that huge profits can be generated thru such stocks which are why they’re perennially commended to those hunting for something more dynamic in their trading ventures.
Again, this all does raise issues concerning where to buy penny stocks. The fast answer will be to get them from a trusty service that trades in penny stocks. The majority already know this. What they want is a suggestion for a service that trades in such stocks. These are 3 of the most well-known brokers that handle this type of :
E*Trade : Is there a rather more well-liked online trading site than E*Trade? The solution to that question can be discussed for hours. There are scores of glorious trading firms out there. Having said that, few have the ability to deliver the top quality service this company is understood to supply.
Again, there are lots of corporations on the market that confess the facility to offer low cost, high volume trades but few deliver at the same quality level as E*Trade.
Scottrade : you might say that Scottrade gives E*Trade a run for its cash so far as renown goes. Scottrade has definitely merited its reputation as a quality trading service. This is a trading service that takes many further steps to be certain that clients have accessibility to the trades they want to make at costs which will prove reasonable to them. Such a combo is surely a noble one and Scottrade definitely is merited of its positive reputation.
Zecco : Zecco won’t be as well called the other 2 trading services it is unquestionably a top resource for those wondering where to buy penny stocks. What drives folks to get penny stocks from this actual broker? Low transaction costs and prime quality shopper service would be among the 2 most cited reasons.
Naturally, there are much more than 3 brokerages which handle penny stocks. The key is to get a service that charges a fair rate mixed with top quality shopper service. Such a twin approach will definitely evoke and excite folks into making the required trades that may yield major returns on their investments.
For those not acquainted with what penny stocks are, these would be stocks offered at under $5 a share. The goal here is to procure the stocks at reasonable prices and sell them for over what they cost to buy. Some will purchase these stocks for long-term investments but most of the people wondering where to buy penny stocks will look towards trading.
Daytrading is the method of selling and purchasing stocks in the exact same day. It’s no secret that such an enterprise includes great jeopardy. Nevertheless many have conclusively proved that huge profits can be generated thru such stocks which are why they’re perennially commended to those hunting for something more dynamic in their trading ventures.
Again, this all does raise issues concerning where to buy penny stocks. The fast answer will be to get them from a trusty service that trades in penny stocks. The majority already know this. What they want is a suggestion for a service that trades in such stocks. These are 3 of the most well-known brokers that handle this type of :
E*Trade : Is there a rather more well-liked online trading site than E*Trade? The solution to that question can be discussed for hours. There are scores of glorious trading firms out there. Having said that, few have the ability to deliver the top quality service this company is understood to supply.
Again, there are lots of corporations on the market that confess the facility to offer low cost, high volume trades but few deliver at the same quality level as E*Trade.
Scottrade : you might say that Scottrade gives E*Trade a run for its cash so far as renown goes. Scottrade has definitely merited its reputation as a quality trading service. This is a trading service that takes many further steps to be certain that clients have accessibility to the trades they want to make at costs which will prove reasonable to them. Such a combo is surely a noble one and Scottrade definitely is merited of its positive reputation.
Zecco : Zecco won’t be as well called the other 2 trading services it is unquestionably a top resource for those wondering where to buy penny stocks. What drives folks to get penny stocks from this actual broker? Low transaction costs and prime quality shopper service would be among the 2 most cited reasons.
Naturally, there are much more than 3 brokerages which handle penny stocks. The key is to get a service that charges a fair rate mixed with top quality shopper service. Such a twin approach will definitely evoke and excite folks into making the required trades that may yield major returns on their investments.
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