http://www.inveslogic.com/popular/articles/daily-market-commentary Daily Market Commentary - Today's Popular Articles at http://www.inveslogic.com en http://www.inveslogic.com/sectors/directory/etf-investor/1105608?rsstype=populararticles&cid=47 If you are an adherent of the value-investing school, you should be focusing on value stocks with the lowest levels of institutional ownership. So says a study by Ludovic Phalippou in the March/April 2008 issue of the Financial Analysts Journal. This... Mon, 07 Jul 2008 02:28:11 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1105608?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/market-watch-kevin-kerr/1106799?rsstype=populararticles&cid=47 NEW YORK (MarketWatch) -- Spot prices for crude oil will likely average $127 per barrel in 2008 and $133 in 2009, the U.S. Energy Information Administration, the reporting arm of the Energy Department, said in a monthly report issued Tuesday. The EIA... Tue, 08 Jul 2008 12:36:49 -0400 http://www.inveslogic.com/sectors/directory/market-watch-kevin-kerr/1106799?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1106580?rsstype=populararticles&cid=47 Reports suggest the Merrill Lynch boss is leaning towards selling some or all of the firm s Blackrock and Bloomberg stakes to raise capital. But that wouldn t be easy, and would crimp earnings. Raising new equity risks diluting shareholders, but ... Tue, 08 Jul 2008 09:20:00 -0400 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1106580?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106521?rsstype=populararticles&cid=47 BMO Capital s Keith Bachman this morning raised his EPS estimates for Apple s (AAPL) September 2009 fiscal year to $6.36 from $6.21, reflecting increases in his estimates on both notebook sales and iPhones average selling prices. Bachman repeated... Tue, 08 Jul 2008 08:50:29 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106521?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106520?rsstype=populararticles&cid=47 NetApp (NTAP) shares are higher this morning after Robert W. Baird analyst Jayson Noland upped his rating on the enterprise storage provider to Outperform from Neutral. His price target increased to $30 from $24. Our channel checks imply solid curr... Tue, 08 Jul 2008 08:50:24 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106520?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106519?rsstype=populararticles&cid=47 Juniper Networks (JNPR) shares are getting a boost today from Piper Jaffray s Troy Jensen, who raised his rating on the stock to Buy from Neutral, setting a $27 price target.Jensen notes that JNPR dropped 22% from May 19 through Thursday s close,... Tue, 08 Jul 2008 08:50:19 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106519?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106517?rsstype=populararticles&cid=47 UBS chip analyst Uche Orji has turned cautious on the memory sector. He says a recent rebound in DRAM ASPs is not likely to be sustainable, with slowing demand ahead, and increasing risk of some NAND capacity being flipped over to DRAM production. ... Tue, 08 Jul 2008 08:49:57 -0400 http://www.inveslogic.com/sectors/directory/tech-trader-daily/1106517?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1106610?rsstype=populararticles&cid=47 Samuel Sanmina submitted the following to our editorial staff yesterday: Surprisingly (or maybe not so surprisingly for others), a little more then two months after analyst Tristan Gerra of Robert W. Baird stated that chances of bankruptcy for Syn... Tue, 08 Jul 2008 07:57:10 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1106610?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1106612?rsstype=populararticles&cid=47 ConAgra (CAG) has lost about 33% of its value this past year in comparison to the Dow Jones Industrial Average trouncing of 20%. I had always been taught that defensive issues such as food companies actually were supposed to thrive in down markets, y... Tue, 08 Jul 2008 07:50:21 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1106612?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1106620?rsstype=populararticles&cid=47 Today we look at a couple finance industry companies, in hopes we might be able to glean when a good time to buy up some of these stocks at a bargain may be. We are hoping to find some of these firms at very attractive valuations currently. Zacks sen... Tue, 08 Jul 2008 06:59:35 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1106620?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/us-market-blog/1106627?rsstype=populararticles&cid=47 European markets pursued a strategy of go ugly early this morning, with major indices gapping down and most trading more than 2% off of yesterday's closing level. The reason, of course, was yesterday's frankly bizarre price action in the SPX, which... Tue, 08 Jul 2008 06:45:53 -0400 http://www.inveslogic.com/sectors/directory/us-market-blog/1106627?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1106151?rsstype=populararticles&cid=47 I received a few inquiries since the initial post on BioScrip Inc. ( (BIOS) or the Company ) including a phone call from BIOS Investor Relations contact Craig Allison. Craig was frank about the issues facing BIOS as well as being open to increasing... Tue, 08 Jul 2008 04:27:31 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1106151?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1106152?rsstype=populararticles&cid=47 Analyst Fadi Chamoun at UBS Investment Research has cut his price target and earnings estimates for Magna International Inc. (MGA), saying North America s largest auto supplier will feel the pain of a drop in demand for new vehicles in the United S... Tue, 08 Jul 2008 04:24:37 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1106152?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1106153?rsstype=populararticles&cid=47 I thought I d start out the week by opening the mailbag for a recent reply to my posts about Pfizer s (PFE) research cutbacks. Here s a perspective that you won t get from me, at any rate:You never surprise me of your uncanny ability to cast ... Tue, 08 Jul 2008 04:20:21 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1106153?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1106167?rsstype=populararticles&cid=47 Alcoa's (AA) quarterly report after the close today kicks off the second quarter earnings season. Below we highlight the percentage of US stocks that have beaten earnings estimates on a quarterly basis over the last ten years. As shown, beat ra... Tue, 08 Jul 2008 03:25:16 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1106167?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1106173?rsstype=populararticles&cid=47 The half year report card for global stock markets was not one to be proud of. The first half of 2008 was the worst first half to a year for the Dow Jones Industrial Average since 1970, when the index was down 14.60%. The 14.44% decline of 2008 is ac... Tue, 08 Jul 2008 02:27:59 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1106173?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/goldseek/1106215?rsstype=populararticles&cid=47 The Australian Stock Exchange (ASX) experienced its worst financial year (FY) since 1981-1982. For overseas readers our FY s start on July 1 and end on June 30. The press has had an absolute picnic, quoting the figures, sensationalising the figures... Tue, 08 Jul 2008 02:06:00 -0400 http://www.inveslogic.com/sectors/directory/goldseek/1106215?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/goldseek/1106218?rsstype=populararticles&cid=47 Summer is here and vacation starts for many with the Fourth of July weekend. The beach, the pool, and barbecues and family parties are the order of the day. This week s report will thus be shorter than usual.... Tue, 08 Jul 2008 01:58:00 -0400 http://www.inveslogic.com/sectors/directory/goldseek/1106218?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/contrahour/1106080?rsstype=populararticles&cid=47 The markets have become across the board oversold. While that doesn't mean we will see the end of the bear market, it does mean an intermediate term bottom should be arriving in the near future. Both the NASDAQ and S&P 500 have reached levels on th... Mon, 07 Jul 2008 21:12:33 -0400 http://www.inveslogic.com/sectors/directory/contrahour/1106080?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/the-kirk-report/1106542?rsstype=populararticles&cid=47 The market's favorite foes - Fannie & Freddie - extinguished this morning's rebound effort resulting in another disappointing session. My first impression upon my return is that the market is trading in a manner that suggests that we still have a num... Mon, 07 Jul 2008 19:14:09 -0400 http://www.inveslogic.com/sectors/directory/the-kirk-report/1106542?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1106563?rsstype=populararticles&cid=47 Is the stock market likely to take out its previous day's highs? Are we likely to test or break the prior day's lows? These are the questions I typically ask during the opening minutes of trading. As the day unfolds, I watch short-term sentiment (... Mon, 07 Jul 2008 18:49:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1106563?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/dealscape/1106111?rsstype=populararticles&cid=47 Monday's initial upswing evaporated, declining into a red finish weighed down by investors' credit concern in the financial sector. One company weighed down by the credit crunch, Merrill Lynch &...... Mon, 07 Jul 2008 18:24:25 -0400 http://www.inveslogic.com/sectors/directory/dealscape/1106111?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/globe-and-mail-market-blog/1106247?rsstype=populararticles&cid=47 Here's Allan Robinson's At The Bell which you'll find in Tuesday's newspaper:Oh, oh! The second-quarter earnings season kicks off today with the release of the results for Alcoa Inc., and not even soaring aluminum prices are expected to provide much ... Mon, 07 Jul 2008 17:39:00 -0400 http://www.inveslogic.com/sectors/directory/globe-and-mail-market-blog/1106247?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/calculated-risk/1106059?rsstype=populararticles&cid=47 Paul Jackson at HousingWire looks at the Lehman analyst report on Fannie and Freddie today: Fannie, Freddie Socked by Investor Paranoia Some of HW s sources on Monday accused Lehman of factless fear stoking in discussing the analysis in the r... Mon, 07 Jul 2008 17:28:00 -0400 http://www.inveslogic.com/sectors/directory/calculated-risk/1106059?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/finance-markets/1106183?rsstype=populararticles&cid=47 London s equities markets saw gains on Monday, with the FTSE 100 adding 1.85 percent to 5,512.7 while the FTSE 250 gained 1.26 percent to 8,623.While most retailers saw declines, supermarket chain Sainsbury (LSE: SBRY) and mobile-phone retailer Car... Mon, 07 Jul 2008 16:47:14 -0400 http://www.inveslogic.com/sectors/directory/finance-markets/1106183?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/dealscape/1106115?rsstype=populararticles&cid=47 The classic misery index, of course, is the unemployment rate plus the inflation rate. But we've thought of another one: the Oil Price Frustration Index. You now see it on the airwaves, with everyone...... Mon, 07 Jul 2008 16:29:37 -0400 http://www.inveslogic.com/sectors/directory/dealscape/1106115?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1105974?rsstype=populararticles&cid=47 Goodrich Petroleum Corporation (NYSE: GDP) has announced that it has commenced an underwritten public secondary offering of 3 million shares of its common...[[ This is a content summary only. Visit my website for full links, other content, and more! ... Mon, 07 Jul 2008 16:16:58 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1105974?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/dealscape/1106117?rsstype=populararticles&cid=47 Merrill Lynch & Co.'s war chest of assets may become a rainy-day fund, with the investment bank dipping into it if the ongoing credit crunch continues to crimp earnings. If media reports are to...... Mon, 07 Jul 2008 15:30:09 -0400 http://www.inveslogic.com/sectors/directory/dealscape/1106117?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/daily-options-report/1106083?rsstype=populararticles&cid=47 The Mets have officially driven me nuts. But baseball's great. I love the fact a small market team is sort of going all-in and taking a Sabathia rental. Sure makes them the team to beat now in the NL. Alyssa Milano even on board, donning Ben Sheets v... Mon, 07 Jul 2008 15:30:00 -0400 http://www.inveslogic.com/sectors/directory/daily-options-report/1106083?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/the-kirk-report/1106543?rsstype=populararticles&cid=47 Recently I asked members twenty questions in order to provide me with structured and focused feedback and other information that I will share with you this week. Once again, I was pleased to discover high marks in terms of overall membership satisfac... Mon, 07 Jul 2008 15:00:16 -0400 http://www.inveslogic.com/sectors/directory/the-kirk-report/1106543?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/dealscape/1106120?rsstype=populararticles&cid=47 Monday began with a rush of deal activity, pushing the markets slightly into the green. German pharmaceutical company Fresenius SE agreed to pay up to $5.6 billion including debt for APP...... Mon, 07 Jul 2008 13:35:16 -0400 http://www.inveslogic.com/sectors/directory/dealscape/1106120?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/random-rogers-big-picture/1106282?rsstype=populararticles&cid=47 To the point I made Sunday morning about continually seeking out new (to you) things to learn about I stumbled across one thing while looking for another.The Swiss Water Decaffeinated Coffee Fund (SWS-UN.TO and SWSSF.PK). Apparently the company take... Mon, 07 Jul 2008 13:10:00 -0400 http://www.inveslogic.com/sectors/directory/random-rogers-big-picture/1106282?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1105976?rsstype=populararticles&cid=47 Alcoa, Inc. (NYSE: AA) is set to lead off Q2-2008 earnings season. After looking around at many last minute sources, we'd caution against you falling for tying...[[ This is a content summary only. Visit my website for full links, other content, and m... Mon, 07 Jul 2008 13:05:19 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1105976?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1106588?rsstype=populararticles&cid=47 China s Shanghai Airlines is set to join China Southern as a potential launch partner for the Bombardier s CSeries aircraft, according to Jacques Kavafian, analyst at Research Capital.Mr. Kavafian, who recently returned from a visit to China, sai... Mon, 07 Jul 2008 11:50:00 -0400 http://www.inveslogic.com/sectors/directory/fp-trading-desk/1106588?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/dealscape/1106124?rsstype=populararticles&cid=47 General Motors Corp., which has seen its shares fall to 1950s-lows in recent weeks on fears of a slowing economy and due to its overreliance on gas-guzzling trucks and SUVs, got a boost Monday from a...... Mon, 07 Jul 2008 11:48:48 -0400 http://www.inveslogic.com/sectors/directory/dealscape/1106124?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/dealscape/1106125?rsstype=populararticles&cid=47 London's GLG Partners Inc. just hired Goldman, Sachs & Co. partner Driss Ben-Brahim to develop a special situations platform, which will include the firm's emerging markets special situations...... Mon, 07 Jul 2008 11:43:16 -0400 http://www.inveslogic.com/sectors/directory/dealscape/1106125?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/schaeffers-research/1106323?rsstype=populararticles&cid=47 San Francisco Federal Reserve President Janet Yellen said today that the housing and financial markets could deteriorate further before a recovery takes place, which she expects to happen in 2009...(Read More)... Mon, 07 Jul 2008 11:35:00 -0400 http://www.inveslogic.com/sectors/directory/schaeffers-research/1106323?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/stock-chartist/1106440?rsstype=populararticles&cid=47 Last February, I was the finishing a chapter in my book, Running with the Herd, about my Market Timing Indicator (MTI). A section in the chapter describes how the MTI would have performed during the 3 major stock market crashes since 1965. While wr... Mon, 07 Jul 2008 10:37:00 -0400 http://www.inveslogic.com/sectors/directory/stock-chartist/1106440?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/globe-and-mail-market-blog/1106252?rsstype=populararticles&cid=47 With the second quarter earnings season set to begin this week, Bespoke Investment Group has taken a look at expectations. At first glance, things seem okay: Analysts, as a group, expect to see earnings for companies in the S[amp]amp;P 500 dip 11.2 p... Mon, 07 Jul 2008 10:35:00 -0400 http://www.inveslogic.com/sectors/directory/globe-and-mail-market-blog/1106252?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/word-on-wall-streetant-and-sons/1106735?rsstype=populararticles&cid=47 With the broader market averages dropping further into bear market territory and for the most part below their 2008 lows, it s time to highlight the new technical support levels;DJIA psychological support at 11,000 then it appears that on a bre... Mon, 07 Jul 2008 10:08:54 -0400 http://www.inveslogic.com/sectors/directory/word-on-wall-streetant-and-sons/1106735?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/the-kirk-report/1106545?rsstype=populararticles&cid=47 Good morning. Stocks are positioned for an upward start as oil prices drop, the dollar rebounds, and some M&A activity and restructuring at General Motors are in focus. There's very little on the economic calendar today (and for that matter the rest ... Mon, 07 Jul 2008 08:40:34 -0400 http://www.inveslogic.com/sectors/directory/the-kirk-report/1106545?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/gold-stock-blog/1106209?rsstype=populararticles&cid=47 Emerging producers advancing to production have significant unrecognized value. Uncertain credit markets have increased risk for exploration companies making it difficult for them to obtain financing and maintain momentum. While major operators w... Mon, 07 Jul 2008 08:31:46 -0400 http://www.inveslogic.com/sectors/directory/gold-stock-blog/1106209?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1106564?rsstype=populararticles&cid=47 Last week's indicator review noted that we were oversold, but that indicators were weakening and it was dangerous to try to catch the falling knives. That turned out to be pretty good advice, as we became even more oversold (top chart)--reaching lev... Mon, 07 Jul 2008 07:31:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1106564?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1105984?rsstype=populararticles&cid=47 The market took big dips in 2001 and 1987. One was due to a national catastrophe and another was focused on Wall St.'s impression that the market had run too...[[ This is a content summary only. Visit my website for full links, other content, and mor... Mon, 07 Jul 2008 05:46:25 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1105984?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1105987?rsstype=populararticles&cid=47 Markets in Asia were mostly higher. The Nikkei moved up .9% to 13,361. NEC was up 2.4% to 587. NTT (NTT) was down 2.5% to 527000. The Hang Seng rose 1.7% to...[[ This is a content summary only. Visit my website for full links, other content, and more... Mon, 07 Jul 2008 03:29:55 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1105987?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/stock-advisors/1106425?rsstype=populararticles&cid=47 Biotechnology player Celgene (http://www.thestockadvisors.com/quote.htm?sym=celg) (NASDAQ: CELG (http://www.thestockadvisors.com/quote.htm?sym=celg)) is a new buy from Leo Fasciocco (http://www.thestockadvisors.com/ccount/click.php?id=2163), whose Ti... Mon, 07 Jul 2008 01:00:00 -0400 http://www.inveslogic.com/sectors/directory/stock-advisors/1106425?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/etf-investor/1105614?rsstype=populararticles&cid=47 It was a tale of three seasons for the financial markets during thesecond quarter. Equity markets started off the second quarter with abang, led higher by not only the energy and materials stocks but alsoconsumer-related and even financial stocks as ... Mon, 07 Jul 2008 00:35:16 -0400 http://www.inveslogic.com/sectors/directory/etf-investor/1105614?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/247-wall-street/1105269?rsstype=populararticles&cid=47 For reasons that are impossible to explain, much of the mythology of the late 20th Century American CEO was placed Atlas-like on the shoulders of John Francis...[[ This is a content summary only. Visit my website for full links, other content, and mo... Sun, 06 Jul 2008 21:14:00 -0400 http://www.inveslogic.com/sectors/directory/247-wall-street/1105269?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/gold-and-silver-mining-stocks/1105694?rsstype=populararticles&cid=47 The XAU Index almost reached 200 points or just 10 points lower then its March high. An aggressive profit taking followed but the chart structure looks healthy. Recent highs and lows are marked on the chart bellow. MA's , PPO and RSI are positive.... Sun, 06 Jul 2008 19:19:00 -0400 http://www.inveslogic.com/sectors/directory/gold-and-silver-mining-stocks/1105694?rsstype=populararticles&cid=47 http://www.inveslogic.com/sectors/directory/trader-feed/1106565?rsstype=populararticles&cid=47 As I was putting together my indicator review for the week (which I'll post tomorrow AM), I noticed how consistent the recent stock market weakness has been:* For six consecutive sessions, we have had over 2500 stocks across the NYSE, ASE, and NASDA... Sun, 06 Jul 2008 18:26:00 -0400 http://www.inveslogic.com/sectors/directory/trader-feed/1106565?rsstype=populararticles&cid=47