Bullish

With last week's bounce still in effect I took a look at the bullish percents to gauge how long this may run. It was a bit of a mixed bag.While all three key bullish percent indices generated bullish signals, only the S&P breached declining resistance, as defined by closing price, to suggest it is a true bull rally. It could change today - although results from American Express (AXP) won't help, e

I added Nokia (NOK) to my bullish position today, from european market - going long with this also over earnings now.Intel, Nokia, Adobe, Autodesk, Apple and Cisco, Agilent are at so far biggest tech stocks I am very bullish with from here. It might be klac, lrcx, ffiv and other similiar Sox stocks have same EW setup now, but I haven´t worked much recently since weekend was decent wheather.Propab

I can be a kid of 19 but over the last 5-6 years have tried to learn by whatever way i can.I have been in touch with several people related to different aspects of the exciting stock world.I do get a hell lot of news and views.Presenting you guys some of the hot talks of the town.Below given are the companies where operators and punters have set their eyes on.Some targets would get acheived and

It has been awhile since I posted a chart of the Swiss Franc so here it is for your viewing pleasure. Above is a weekly chart of the Swiss along with the stochastic oscillator. Notice how oversold readings coincided with profitable buy signals. If you look at the last 6 stochastic buy signals all were profitable but one. So based on this time period the stochastic oscillator has been 83%

6-27-08 5:50a GMT - USD/CHF gave a strong bullish reversal doji candlestick on the 4H charts last period indicating a possible reversal in the USD decline. The signal comes after a 200 pip decline over the day and near support at 1.0225. Trading Idea: To confirm the trade the next candlestick (ending at 08:00a GMT) needs to [...]

Eufa Euro 2008Xavi is full of admiration for revitalised Russia but insists Spain have never wavered in their belief that they will win Euro 2008.Spain thrashed Guus Hiddink's outfit 4-1 in their opening game but the Russians have recovered brilliantly, knocking out Holland in the last eight to set up a semi-final showdown with the Spanish in Vienna on Thursday.Eliminating world champions Italy on

Finland is the home turf of Nokia and Nokia rules the Finnish mobile handset market. Overall Nokia has 86% market share and when it comes to smart phones the company has 99% market share in Finland,... Visit my blog to read more.

Above is a weekly chart of the Euro Currency and below that is the net positions of the small, large and commercial traders. I'd like you to focus on what the commercials are doing right now (red line). You'll note that the commericals are holding their largest net long position in years. In my opinion this is extremely bullish and I am looking for this currency to make a large move up. The

numismatic rare coins: Okay, let’s get something straight… I do not advocate the purchase of United States coins strictly for investment purposes.numismatic rare coins: Like most traditional collectors, I believe coins are to be primarily appreciated for their artistic beauty, historical connections, and the joy of pursuing them. numismatic rare coins, However, it should be no secret that a si

6-3-08 5:56a GMT - Bullish hammer is forming minutes before candlestick close on the 05:00a candlestick GMT. If bullish hammer (wick is twice as long as body) does close then it would indicate a reversal pattern. Since this is right on a support line (in green) I will enter long two lots. Update - Nice 130-pip rise [...]

Here is the chart provided by SiteMeter describing the overall Statistics of AC Investor Blog over the past 12 months . If you're Interested in advertise on AC Investor Blog, send an email to antonio.mrcosta@gmail.com with your offer or use the forms within the site.Once again, thanks to all my readers for making this site such a success !!! I will try to be a better blogger in the second half o

May 21st saw the bullish percents of the Nasdaq and S&P follow that of the Dow with a bearish cross of the 5-day EMA. The S&P compounded the loss with a break of rising support connected by March-April dips using closing price. Overall, these breadth indicators haven't fully reached typical tops for either a bull or bear market. If the cyclical bull market is still in play - which I don't think it

5-28-08 6:28a GMT - A bullish doji is forming on the USD/JPY pair near former resistance trend line (now support). Trading Idea: If the candlestick closes as a doji on the 60M charts (30 minutes left) I will buy 2 lots, one with a 20 pip target, the other with a 40 pip target and move to [...]

Overseas financial institutions are increasing their stakes in domestic commercial banks even as shares in these banks have underperformed, following the overall downward trend of the nation’s stock market. Earlier this year, London-based Standard Chartered increased its stake in Asia Commercial Bank to the... [[ This is a content summary only. Visit my website for full links, other content, a

There's a well defined bullish, or ascending, channel that has been guiding the Dow Jones Industrial Average ($INDU) higher. A breakdown in the channel might very well mark the end to the upward trend in place since March.The Dow just can't seem to get, and stay, above 13,000. It's been trying for a few weeks now and just keeps failing. If it can't go any higher, might the Dow go lower? That's wha

Michael Carrick heads to the Champions League final believing that Manchester United have firmly proved they are the best team in the Premier League.United face Chelsea in Moscow next week brimming with confidence after securing their 17th league title last weekend.And midfielder Carrick believes that sheer determination to prove critics wrong has taken the Old Trafford club to the brink of a rema

Economic News USD Yesterday, the greenback saw mixed results as it was in a bearish trend versus its major currency rivals during the first half of the day. Later on throughout the day it managed to gain some bullish momentum, the most notable and volatile loss in the first half of day for the USD was 111 pips against the EUR. The pair eventually evened out mid-day to close at 1.5531.May 6th was a slow news day for the U.S. economy with Fed Chairman Ben Bernanke's speech the only scheduled event of relevance. In his speech, Fed Chairman Bernanke spoke about the need of finding new ways to combat homeowner foreclosures. As most of the important news came from Europe and Canada yesterday, the Dollar traded largely off of investor speculation,Today at 12:30 GMT, quarterly Nonfarm Productivity

Although not of immediate concern, some of the bullish percents are about to enter bear market (but not bull market) top territory. If January lows represent the start of a bear market then these breadth indicators should top soon. If the current rally is a continuation of the cyclical bull market then there is room for another 15-20% of gain (perhaps as much as 50% for the Nasdaq Bullish Percents). How this impacts on the market remains to be seen, but the likely outcome would be a negative divergence between breadth indicators and the market; indices make new highs as bullish percents fall. Time will tell.I'm traveling to D.C. so there will be no update tomorrow. INS appointment Friday. Get the Fallond Newsletter

Still Bullish on ShutterflySramana Mitra submits: Shutterfly (SFLY), the online photo company, recently declared first quarter results. Its revenue for the quarter of $34.3 million missed the market's views of $34.8 million, even though it was 29% higher over previous year Q1 revenues. Its GAAP net loss at $0.15 per share met market expectations and was higher than GAAP net loss of $0.04 per share in the previous year. Going forward, the company expects revenues in the range of $35-$38 million with non GAAP net loss of $0.19-$0.24 per share. The street was expecting revenues of $36.7 million with net loss of $0.17 per share. For the year, the company is expecting revenues of $225-$245 million with EPS of $0.30-$0.50. Complete Story » Link - Sun, 04 May 2008 06:43:56 GMT - Feed (

As per the latest 2008 US-India Business Council (USIBC) survey, India is, and will continue to be, a premier destination for investment by US firms, with a large number of respondents rating future economic growth in India as highly sustainable. USIBC, formed in 1975 at the request of the Government of India and the US Government to advance US-India commercial ties, is hosted under the aegis of the US Chamber of Commerce. The US Chamber of Commerce is the world`s largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.

Natural gas stocks remain red hot despite the weakness in the broader market this morning. Energy stocks, in particular, are trending higher.One stock within the energy sector worth looking at is Arena Resources (ARD). The company is a oil and gas exploration and production company.ARD has been consolidating its rally through 2007. The stock dropped at the beginning of the year, rebounded, dropped again, and rebounded once more. Along the way, ARD traced a bullish wedge. ARD is breaking out of the bullish wedge today with a big rally above horizontal resistance at $45.

Business Times - 17 Apr 2008 Property developers up on bullish reports SINGAPORE - Shares of property developers rose after a research report said that a strong Singapore dollar will spur the Singapore property market. Canadian-based BCA Research said that a firmer Singapore dollar will depress interest rates and propel real estate prices, the Business Times reported on Thursday. CapitaLand, Southeast Asia's largest developer, soared 4.8 per cent to $6.71 (US$4.95) with 3.4 million shares traded. Southeast Asia's second-largest developer, City Developments, rose as much as 3.6 per cent to $12.06, with over 450,000 shares traded. Keppel Land gained 4 per cent to an intraday high of $5.93 with over one million shares changing hands. According to a Merrill Lynch report, the fall in private ho

SINGAPORE, April 17 (Reuters) - Shares of property developers rose after a research report said a strong Singapore dollar will spur the Singapore property market. Canadian-based BCA Research said a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Solar stocks are blazing higher, bucking the weakness in the broader market. First Solar (FSLR) is a leader within the sector.I've been trading FSLR for over a year, but it's been a while since I profiled the stock on this site. When trading any of the solar stocks, it's important to remember that solar is an alternative to traditional energy sources like oil and natural gas. When trading solar stocks, the prices of traditional energy sources are really all that matter. Alternative energy sources are increasingly competitive and attractive when traditional energy prices are high. So, right now, with crude oil at $110 and natural gas at $10, solar plays are extremely attractive. If these prices go higher, so too will FSLR and other alternative energy plays. Conversely, if crude oil and natu

There is a sense things are getting a little toppy in the Bullish Percents. The S&P Bullish Percents have moved to a 'Sell' trigger at a resistance level marked by December highs. Unlike December, the S&P is above its 50-day MA, so it may simply be a blip on the road to higher levels. But it is a warning sign: Bullish Percents for the Dow and Nasdaq were flat and haven't yet marked future weakness.

Natural gas has been quietly moving higher this year, in the shadow of record crude oil prices. The stocks in the natural gas sector are on fire.The new 52 week highs list is littered with natural gas companies. Some of the names include:Apache (APA)Pioneer Natural Resources (PXD)Devon Energy (DVN)Plains Exploration & Production (PXP)Forest Oil (FST)Cabot Oil & Gas (COG)Questar (STR)I've been following Chesapeake Energy (CHK) since its big rebound in February and breakout from its bull flag in March.Natural gas, the commodity itself, is worth tracking and even trading in the form of the U.S. Natural Gas Fund (UNG). The UNG is an exchange traded fund that is backed by natural gas.The UNG is forming a triangle, almost identical to the triangle in crude oil. The UNG will breakout from

Business Times - 05 Apr 2008 Still bullish on Singapore property DESPITE the US subprime crisis, which will have a cyclical impact, Liew Mun Leong remains bullish on Singapore's property market in the medium term. 'Main street America is suffering from the sins and mistakes of Wall Street,' he says. 'And when main street gets hit, that will affect Asia, we can't run away from it.'However, Singapore's property market has some strong underpinnings, he maintains. Most importantly, the drivers of Singapore's property market have changed in recent years. 'The rise in property prices since 2002 is no longer due to domestic policy changes such as the liberalisation of CPF and the HDB sub-sale policy.'It is driven by the remaking of Singapore. Singapore as a global city, as a gateway to Asia, the

Bullish and Bearish Divergence SignalsMomentum indicators are normally used more as overbought/oversold indicators with levels above an upper level between 70 and 80 suggesting potential for a reversal lower and a lower level between 20 and 30 suggesting potential for a reversal higher. Bullish divergence: Rising price highs in an uptrend while corresponding highs in the momentum indicator are declining. Bearish divergence: Declining price lows in a downtrend while corresponding lows in the momentum indicator are rising.Download Forex eBookCombining RSI And ADX ADX and RSI are valuable trading tools and a combination of the two would seem to offer some interesting possibilities. RSI primarily as an indicator for buying on dips in an uptrend. The ADX is my primary indicator of trend strengt

UAE Property major Emaar Properties has said that it will reconsider its initial public offering (IPO) in India “when the time is right” though the company is bullish about the trend in Indian real estate market. In February, Emaar MGF withdrew its IPO for lack of adequate response. The company wanted to raise around Rs 6,500 [...]

One of the sectors that is making waves in 2008 is the Agricultural Commodities. Emerging markets are booming and so are their consumption. With growth comes a change in lifestyle, diet being an important part of it. The rising middle-class in these emerging markets especially China and India are now calling for both higher quantities and a better quality of food. With industrialization and urban sprawl taking over, Chinese and Indian farmers are continually asked to produce more crops from shrinking amounts of land. They also have fewer farm workers as many have left villages to seek their fortune in more established cities. If you add environmental pressures to the mix, you've got an agricultural situation that's even more challenging.It's estimated that one out of every three dollars ea

Yesterday's losses weren't enough to prevent a bullish cross of the 5-day EMA for the Nasdaq Bullish Percents. This follows earlier crosses for the S&P and Dow bullish percents.What is clear from these charts are the bullish divergences between January and current lows for the bullish percents with respect to the parent indices. Basically, more stocks are on point-n-figure buy signals now than back in January, even with the indices making new lower closing lows. What is important going forward will be the need to break declining (closing) resistance initiated in January for the Dow, S&P and Nasdaq. The Nasdaq looks best placed to challenge, although the Dow is closest to the major moving averages (20-day and 50-day MAs). Thursday probably won't reveal too much going into the long weekend,

Market strategy is to sell a failure to break near 100.02RSI has lost some steam as it makes a small dive towards the 30% line. MACD 12 & 26 had a bullish cross but didn’t quite make it to the zero line. Prices trended along the lower Bollinger band as it made a break for the upper band, although has now rebounded down past the middle section after touching the upper band. Market strategy is to sell a failure to break near 100.02.Finotec

Market strategy is to sell a failure to break 103.42 whilst covering a bounce near 102.45Momentum has lost some steam as it makes a small dive towards the 0 line. MACD 12 & 26 had a bullish cross well below the zero line. Prices trended along the lower Bollinger band as it made a break for the upper band, although has now rebounded down towards the middle section without touching the upper band. Market strategy is to sell a failure to break 103.42 whilst covering a bounce near 102.45.Finotec

The indices were thrown back into the quagmire of the past 2-month consolidations as the Bullish Percents flipped negative once more. It was interesting to see the DOW hold 12,200 as support:With a comparable support level (1,324) visible for the S&P:But resistance, rather than support, was clearer for the Nasdaq:Given the position of the bullish percents, should one view them as bullish or bearish? Bears will look to the lack of oversold conditions in the bullish percents as an opportunity to push stocks trying to lead a rally out lower. Bulls will see increasing strength from stocks posting new breakouts on point-n-figure charts as diverging from the weakness in the indices. As fewer and fewer stocks drag on the indices, the quicker - and sharper - the resulting rally will be. I hold to

The Nasdaq Bullish Percent turned bearish with a drop below its 5-day EMA. If this weakness was to represent itself in the index I would look for a new closing low for February (but not necessarily a break of the month's intraday lows). However, the index does sit close to a break of declining resistance connecting January, and both February reaction highs - a big day this week would break through this resistance and likely negate the 'sell' trigger in the Nasdaq Bullish Percent:Better was the leading action in the Dow Bullish Percent. It finished Monday at 33% having managed a new reaction high for the month. This strength filtered through to the index Monday when it made its first break of the two reaction highs for February. Look for this strength to continue with a further push above 1

I'm proud that we've been so bullish on gold over the past six months. We've been pounding the table and it's proven to be a great trade.We first wrote about gold in this post. We've come a long way since then with spot gold trading near $950 an ounce.Look to the streetTRACKS Gold Trust (GLD) to trade gold. It's an equity-like exchange traded fund (ETF) that is backed by the physical metal. It's like owning gold but through a stock-like vehicle.The GLD and, indeed, the spot market are breaking out from a short-term bullish triangle. It's a perfectly symmetrical bullish triangle.Look for the triangle to lead spot GOLD to above $1,000 an ounce!

The Bullish Percents have turned bullish (again!); although the Nasdaq Bullish Percent have been bullish since January 24th. The Dow is interesting as 12,200 looks to be support based on closing price.The S&P struggles a little and this could reverse as a whipsaw signal - but for now it is bullish.McClellan Oscillator holds on to bullish signalBut indices remain vulnerable as recent gains fall well short of the prior week's selling. Double bottom confirmations will need 5%+ gains in the indices, which given the gains we have seen over the last few days could take a while.

There is one stock for today, Contango Oil and Gas (MCF) available in the free section of my main website and made available to readers of my newsletter.As for the markets it is still a waiting game to close last Tuesday's gap breakdowns, although the 20-day MAs are likely to get in the way first. As a sidenote, there is an interesting divergence at play in the Percentage of Stocks above the 50-day MAs. When the market bottomed in January only 15% of Nasdaq stocks were above their 50-day MA. This rose to 26% as the market made a new closing low for February. This divergence is further supported by the bullish divergences in the Ultimate Oscillator and MACD trigger line. Also look at how a negative divergence played out during the October top. Trade my Stock Picks at

Wednesday's selling - the third day of selling in a row - has started to pressurize the Bullish Percents and the validity of the January bottom. The Nasdaq bottom remains healthy and looks to be part of a bullish retest of prior lows.The Dow Bullish Percents have breached their 5-day EMA (bearish), but remain in deep oversold territory. More worrying is a similar breach of the 5-day EMA for the S&P Bullish Percents, but unlike the Dow, the crossover occurred away from oversold levels. Watch for the S&P to lead a break to the downside and through January lows. Both Nasdaq and NYSE McClellan Oscillators finished in positive territory which is bullish (just!).

The year 2007 saw good times roll out for the india real estate sector. Big-size IPOs, a slew of government measures and FIIs helped in giving a much needed facelift to the sector. Clearly, realty hogged all the limelight and even high interest rates failed in dampening the spirits. Looking ahead, what’s in store for the property market? Will the going continue to be as good or is there a bumpy ride ahead? SundayET spoke to some industry experts to get an idea on what to expect from realty 2008.

Last week's rally was only the start of a move up. Here's how leading money managers suggest you can take advantage of the market's bounce back. By Michael BrushLast week's impressive rebound in stocks was more than just a head fake. I see seven reasons why the reversal was the start of a bullish move in stocks.A safe way to play this turnaround is to get broad market exposure, using mutual funds and exchange-traded funds. For more oomph, build positions in companies that have the right characteristics for the slower economic growth ahead. To find those stocks, I picked the brains of several managers who have excellent records at diversified domestic-stock mutual funds.Before we go there, here's why I see better times ahead for stocks:Reason No. 1: The smart money is positioned for gains.There are many ways to read the minds of the smart money on Wall Street. Jason Goepfert, who runs a great Web site called SentimenTrader.com that offers a cornucopia of investor-sentiment gauges,

Last week’s trading session ended on a tremendous high note for the greenback as it steadily gained against 14 of the 16 major currency pairs. As economic data continued to surprise forecasters, the dollar gained on its major counterparts, going so far as to post record gains, not seen since late 2004 against the EUR. When trading came to a close on Friday, the dollar found itself under the 1.45 support level, a level most thought was far from being reached. The unexpected positive results originated from a host of US economic data begining early last week, ahead of the Tuesday December 11th interest rate cuts by the Federal Reserve. Most were convinced that the rate cuts would be the driving force in amending dollar positions, instead the change began on Thursday December 13th, as a wide range of Retail and PPI numbers were released far and above the anticipated marks. The dollar then began its move, gaining on the GBP, CHF, JPY and EUR especially, posting its biggest single da

The recent talk by the UAE of possibly repegging their currency to a basket rather than the dollar makes me bullish on the GCC region and GCC stocks. I am staying away from financial and real estate stocks in general but there are stocks with significant value in the GCC region. The fact that the possibility is being spoken in public is very significant and cannot be ignored.

Sanjay Shrestha, Managing Director and Senior Analyst of Alternative Energy & Industrials at Lazard... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Indian builders are looking forward to foreign destinations for expansion.  DLF, in a notice to stock exchanges, averred to consider international acquisitions and investments in real estate projects abroad. Let’s take a look at the plans of other Indian property developers. Recently, Ansals API has entered into a joint venture with Malaysia’s UEM Group. The venture has been named as Ansal Api-UEM Contracts Pvt Ltd, which can bid for government projects in Malaysia and other countries. Ansals made its first foreign tie up with Dubai’s Deyaar around three months ago. The venture is working on integrated townships in India. It also has plans to focus on the western and southern parts of the country where Ansals API has to carve out a presence for itself, says Kunal Banerjee, Vice-President (marketing), Ansals API. Close on heels are other builders such as Parsvnath Developers. The company has a couple of projects in the retail and hospitality sectors in Dubai, Mauritius, and Singa

Daily Technical BriefingEURUSD Support Below 1.4100 Presents Bullish OpportunityTechnical Overview Euro a-b-c Correction Done at 1.4015? Japanese Yen to Likely To Trade In a Choppy MannerBritish Pound Correction Complete at 2.0256Swiss Franc Wave 4 Done at 1.1894Canadian Dollar Tests ExtremeAustralian Dollar Remains Short Term BearishNew Zealand Still Expected to Come Under .7500 EUR/USD Commentary: Ok, the EURUSD count has finally cleared up (we think) and we feel comfortable stating a directional bias for the first time in weeks. We can confidently say that the decline from 1.4281 is a correction (a-b-c) because the advance from 1.4015 is impulsive (5 waves). What should prove to be wave 1 in a new bull cycle from 1.4015 is nearing an end and price is likely to fall, albeit correctively in wave 2, towards 1.4070/1.4090 before the next leg up. Strategy: Look to establish bull position near 1.4070/90, against 1.4015, target above 1.4281 USD/JPY Commentary: We still expect a rally to

International and Indian real estate players have lined up to make money on the back of growing demand for temporary residential units in cities such as Bangalore, Chennai, Pune and Kolkata. Indian realtors and their peers from Japan and Thailand are targeting young IT/ITes professionals in these growing cities. There are a number of domestic real estate companies evaluating the potential prospects of the segment. Also, Thai and Japanese property builders are believed to be bullish on Indian real estate. These apartments offer short term stay to both the business and leisure traveler, allowing the discount up to 25-40%.  The new commercial properties in India have grown by almost four times in the past five years. The demand for the office spaces has largely been pushed by the IT sector in the country. Around 60 million sq ft of commercial space requires to be developed over the next five years to cater to increasing demand for properties. The available serviced apartments are not eno

Chart courtesy of stockchartsRUMOURS on the street again !!!Ebay or Microsoft, I’d like to know which you prefer and why ? Well, forget this question, but it's the commentaries on the floor and in overall forums, everybody talks for a possible takeover. Let's talk now about the daily chart above. Technically speaking after yesterday movement done with an unusual trading for the daily average of the week, stock closed the regular session for the first time since May above its 50 dma, giving us the first confirmed Bullish sign. However if you look closely at the chart, you'll see that the downtrend line has been broken, so guys I have to say "this baby will fly again", it's my opinion based in the chart.Chart courtesy of stockchartsRIMM has broken out to all time highs over this week. The chart looks really bullish.Chart courtesy of stockchartsThis stock has been is on a remarkable run since April and it doesn’t look like the trend will change soon. Over this week broke out again

This Picture somehow brings up memories of Atlas Shrugged. I really like this photo in a completely non-satirical way. Ok , Two little juicy tidbits for everyone this Labor Day Weekend Friday. 1) The person to submit the highest score from Desktop Tower Defense will receive $5 either in their Paypal account or in the Kiva fund. When you finish and have the option to submit your score, submit it to the group ‘Grumpstump’. The prize goes for the overall highest score, Normal or Hard difficulty doesn’t matter. 2) If you like new financial sites, Sanebull might be worth checking out. It’s an internet desktop for streaming news and quotes. I wish the portfolio management was a little more robust, but it’s easy to use and you’ll know if you like it in the first 5 minutes. capitalim, Desktop Tower Defense, Freebies, Money, New Products, stock, Tools

Become hysterical. Got a hold of yourself? Good. Read on.Check each of your current long positions and set strict mental stops.Reduce the size of each long position by 50% or more.If a stock falls below your mental stop, sell it.Refrain from buying additional long positions (at least for the next month) no matter how strong the stock may look.This set of guidelines came to be after suffering a significant drawdown in my portfolio during last year's market reversal (May - August). Hopefully my mistakes will prevent you from making the same.Good luck trading and I will see you on Wednesday.

Jim Cramer has been negative on Elan Corporation (ELN) through 2005 and 2006 but when recently queried in the June 18, 2007 lightning round, he reported "I've been too negative on Elan (ELN)"..."At $21 bucks, it's got that great relationship with Biogen Idec (BIIB)"..."The safety of Tysabri is no longer in question as far as I'm concerned. That stock is going higher!" The stock has pulled back recently but Cramer has mentioned healthcare and drugs as industries that will benefit from the financials' downturn.

Newmont Mining Corp. said Tuesday it wants to expand investment in Indonesia despite concerns about sabotage at one of its exploration sites and an ongoing legal battle against a top U.S. executive over alleged pollution."We're here for the long-run," Chief Executive Officer Richard T. O'Brien told The Associated Press in an interview. "If we can get support of the local and central government, we'll continue doing what we're doing."Foreign investors all but abandoned Indonesia -- which boasts some of the largest gold, tin, copper and nickel deposits -- after the 1997-98 Asian financial crisis. Lingering concerns about corruption, rising prices, red tape and labor problems have kept most from returning.

By James Altucher I got into a fistfight in a bar the other day. There was blood everywhere. I got glass splinters in my face. The other guy might still be in a coma. I'm still wearing the white bracelet they put on me when they checked me in for "observation."This is how I feel every day when I battle the bears who participate with me on an email list made up of investors and traders. The wall of worry is huge and seemingly insurmountable. But here are a few bricks for the wall of hope. 1. Private equity. There's roughly a trillion dollars sloshing around in the private-equity world, including the money that banks would lend to close any major purchases. With Blackstone buying Hilton at 16 times cash flows and the average purchase now coming in around 11 to 13 times cash flows, it opens up an entire universe of stocks that can be takeover targets. Possible candidates include Macy's and Wyndham. 2. Retail investing. The retail investor still has not gotten back into the game. The

India is fast becoming a favoured investment destination not just for its own diaspora, but also for institutional investors from the Gulf region. The most attractive avenue for major Arab players seems to be real estate. Investment pouring into India’s hot property market from the Gulf region have crossed the $35bn mark, says The Economic Times. The combined value of the various real estate

A bullish harami pattern is considered by many chartists to be a potential reversal of a downward trend. However, most resources I've consulted recommend a positive confirmation before buying based on this pattern. My own testing of the canned Stockfetcher Bullish Harami filter confirms that using the pattern by itself does not yield acceptable results.For anyone who doesn't know, a bullish harami is a simple two bar pattern that looks like this. (Click on the picture below for a closer look at my low budget graphic):Alright, so we think we need some sort of confirmation before buying based on a bullish harami pattern. Or do we? Can a Bullish Harami be a buyable pattern by itself in certain situations? The purpose of this post is to share some filter modifications I came up with in Stockfetcher to take their canned bullish harami filter and add conditions to try to make it profitable. All of these filter modifications require that the bullish harami just occurred and that the second

Consumers are largely inclining towards contemporary style exclusive goods and retail models. India, China, and Russia have been sought after as the most lucrative destinations to invest in retail sector. Retailers are looking forward to smaller cities as a common hunting ground, says the data showcased by a study of retail investment attractiveness among 30 upcoming property markets. India and Russia are two nations which continue to grow by leaps and bounds in retail sector in the past three years. Since retail market in India is highly promising, there are large possibilities for the sector to make raid strides in near future. Add to that, new models being designed for retailing in India are transforming the fragmented sector into an organized retail landscape in India, says Hemant Kalbag, principal, consumer industries and retail practice, AT Kearney India. According to the study, there has been a sharp increase in number of modern retail concepts. They have grown by 25%-30% in In

EUR/USD continues on its way down and now it is a trend which must be taken to consideration even for long-term Euro bulls. Correction which has seemed to be trying to return EUR/USD back to bullish trend on 04/06 and 05/06 stopped too soon releasing EUR/USD to even deeper lows. Today on Forex EUR/USD reached new low since March and it doesn't seem to be stopping yet. Overall there are some good data from U.S. coming almost everyday. Today - Retail Sales came out to be more than twice as higher as expected - 1.4% against 0.6%, while oil and gas reserves remained on high levels.

The Mumbai based Larsen & Toubro Ltd. is planning to invest a whopping Rs 8,000 crore in Indian real estate and urban infrastructure over next three to five years. The company will make investments through its subsidiary L&T Infrastructure Development Project Ltd (L&T-IDPL). Taking a cue from soaring demand for commercial and residential projects in India, the company expects to carve out substantial niche for itself in growing market. It envisages leveraging its strength in engineering and construction to build an excellent urban infrastructure. The main focus area will be emerging cities including Chennai, Hyderabad, Vizag, Bangalore, and Kochi.  HDFC has a 25% stake in L&T – IDPL, and would also be contributing to the investment. L&T Ltd. has already invested Rs 700 crore in real estate and urban infrastructure projects. The management will also be investing an additional amount over Rs 500 crore in the business this year. It’s another subsidiary IDPL, L&

Real estate in Metros is moving at snail’s pace. As opposed to this are the tier II and tier-III cities witnessing rapid development in wake of new real estate projects lined to be built by foreign developers who are bullish on Indian real estate but want to trap smaller cities. Recently, Emaar Group, a leading real estate company in Dubai, has signed an equal partnership contract with Delhi based MGF to develop projects worth $4 billion in India. The companies have decided to come up with the construction in emerging property markets such as Hyderabad, Mohali, Ludhiana, Jalandhar, and Chandigarh. Madhya Pradesh saw its first lot of foreign direct investment with a launch of Silver Springs’ residential township in Indore which is being jointly promoted by Fire Capital Fund Pvt Ltd, based in Mauritius and the M Jhaveri Group. Prozone Enterprises, a subsidiary of the retailer Provogue India, has acquired major stakes in special purpose vehicle (SPV) floated by Hagwood Commercial Deve

by Jim Jelter Energy stocks pile on gains Energy stocks extended their advance through the session Friday, taking direction from a 111-point rebound in the broader stock market and a bullish International Energy Agency report that raised concerns about tight crude-oil supplies over the next few months. But the gains were not enough to undo damage from Thursday's big sell-off,

by Jim Jelter Energy stocks pile on gains Energy stocks extended their advance through the session Friday, taking direction from a 111-point rebound in the broader stock market and a bullish International Energy Agency report that raised concerns about tight crude-oil supplies over the next few months. But the gains were not enough to undo damage from Thursday's big sell-off,

The stock is already up above $138 this morning. Piper just upped its target on the stock from $131 to $160! Piper says better than expected earnings confirms its belief that new products from BIDU are driving higher search usage. Congrats to the longs in this stock - it's a great feeling when you're in a big winner! RBCM has also upgraded BIDU to Outperform from Sector Perform.

Bulls join Ajram in lamenting continuing maltreatment from Bernanke. I hope RIMM doesn't let the bulls down also, I do not think I could find any poem/music out there about RIMM and bulls if RIMM disappoints. Busy day, no time to blog:Enta eih mesh kfaya aalaikWhat are you (how cruel are you) Is it not enoughTegrahni haram aalaik enta eeihThat you hurt the markets? Have pity. How cruel are you? Enta laih dimooai habeebi tehoun aalaikWhy Mr BigStuff, is it so easy for you to bring undeniable inflationTab w laih ana radya enak tegrahni w roohi feekAnd why do I accept that you hurt me when you promised eternal liquidityTab w laih yaani eih radya beaazabi bain edaikAnd why am I accepting this torment at your hands?(x2)Law kan da hob ya waili minoIf this is economic growth, my misery is from itW law kan da zanbi matoub aanoAnd if I am to blame, I cannot say never againLaw kan naseebi aaeesh fey gerahAnd if it is my bullish lot to live in tormentHayaeesh fey gerahI shall live in torment(x

Hey guys, On January of current year I started to trade currencies more frequently than I do before and the performance was good in my opinion until this moment; however the stock market require a lot of my time due to my experience. Anyway, and due to the fact that forex market pushing me to a new world of trade, I will give here my opinion for next 6 months, I will be Bullish on Euro and Yen, and Bearish on Dollar. However like many know the performance of these currencies will be vulnerable to the macro economic news that will be reported soon and that could show a slow down in the US economy. For people that want to know more about forex, futures and options take a look at global futures and see the latest services that they are offering. Global is one of the largest independent introducing brokerage firms offering futures, options and foreign exchange services on all major exchanges around the world. Check your self !!!Disclaimer : "There is risk of loss trading Futures, options

From People's Daily OnlineA total of 206 out of the more than 1,400 Chinese listed companies reported a close to 90 percent rise in profits in 2006, according to their annual reports.The 206 companies, listed on the Shanghai and Shenzhen stock exchanges, registered combined business income of 372 billion yuan (46.5 billion U.S. dollars) last year, a year-on-year rise of 25 percent. Their net profits totaled 23.51 billion yuan, up 89 percent.Seventy-two listed companies reported net profits of over 100 million yuan last year, and 59 listed companies saw their profit rise by 100 percent year-on-year.Enterprises in the retail, wholesale, pharmaceutical, bio-technology and manufacturing sectors reported the biggest rise in profits. Firms with net profits of more than 100 million yuan were in the non-ferrous metals, fertilizer, real estate, machinery and equipment sectors.After a four-year recession, China's mainland stock markets rallied at the beginning of 2006, with the benchmark Shang

This is going to get me jump back into crude and gasoline futures.DOE Crude Inventories for week of March 2nd:Crude inventories fell 4.85 mln vs. consensus estimate of 1.8 mln. Gasoline inventories slumped 3.75 mln vs. consensus estimate of 1.5 mln. Distillates slid 1.33 mln vs. consensus estimate of -2.75 mln.

Chart courtesy of stockchartsShares of RIMM feel 1% today to 134.52$ after the company announced early Monday that a review of stock options grants will cause it to restate its financial statements since fiscal 2004. Looking at the chart above stock still trading in a Bullish mode, but MACD fast line already crossed MACD slow line, so pay attention. Stock has a support at 130$ and 120$.Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.That's all. Have a nice evening !!!AC

From Peridot Capitalist Sports bar/restaurant chain Buffalo Wild Wings (BWLD) posted an excellent third quarter Tuesday evening, prompting a five point rise in its stock in extended hours trading. Sales jumped 32 percent to $68.3 million, ahead of estimates of $64.9 million, as company-owned same-store sales soared an astounding 11.8 percent. Earnings hit $0.40 per share, nearly 30% above estimates of $0.31 for the period. The company's conference call was very bullish, as management laid out growth plans for the next three years. BWLD expects annual unit growth of 15 percent, sales growth of at least 20 percent, and earnings growth of at least 25 percent. Also worth mentioning was the lack of fourth quarter guidance. The company announced that it has decided to abandon giving quarterly financial projections, due mostly to the fact that they have been quite unsuccessful at the task in the past, and with fewer than nine million shares outstanding, a miss or beat of a mere penny per sha

Chart courtesy of stockchartsA new record high close for DOW at 12,176.54 and a new 2006 high for Nasdaq closing at 2,393.47.I still believe that this rally will continue. We start to see some movement in the semi-condutors Index, with MACD back above 0 , I expect a breakout cenario very soon. Cisco could be the tone for another rally after posts higher quarterly profit.That's All. Have a nice evening !!AC

Chart courtesy of stockchartsShares of JDSU rose more than 5% today and breakout an important resistance area with a stong volume. The stock opened way to go until 20$.For the weekend I put here a few charts of stocks that could have a good performance in the week ahead. These stocks are now in a strong Bullish market with 50 dma line on top of 200 dma.Chart courtesy of stockchartsPLXT stock is on a strong Bull market with 50 dma now on top of 200 dma and with MACD above 0.Chart courtesy of stockchartsBEAV stock is on a strong Bull market with 50 dma now on top of 200 dma and with MACD above 0. Chart courtesy of stockchartsAMZN stock is on a strong Bull market with 50 dma now on top of 200 dma and with MACD above 0.More Bullish stocks in the same situation : AANI , CASY , CKXE , CLRT , DCEL , MAPSThat's All. Have a great weekend !!!AC

Nokia reported 4th Q profit jumped 19% and the stock traded as high as 7.2% up in Helsinki. AT&T reported 17% jump in profits and is trading 3.6% up pre-market open. T rose 4% yesterday, and has almost doubled since Oct 2006, I will be watching to see if it holds on to those gains or whether we have "sell the news". But it looks like we may get more of the same as yesterday with EBAY QCOM T NOK

Take a look at the above two charts and you will see one of the most wildly bullish scenarios imaginable. The Dow hitting an all-time record high while my Options Sentiment Gauge plummets back to levels of bearishness not seen since the Summer 2006 lows. If I didn't see it with my own two eyes I wouldn't even believe, as I have NEVER in all my years of following stock market sentiment seen such

Chart courtesy of stockchartsChart courtesy of stockchartsChart courtesy of stockchartsFind above few charts of stocks that are showing a possible Bullish trend reversal.Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.That's all. Have a good trading day !!!!AC

Goldman Sachs says Apple shares should remain a core holding a bought on weakness.Analyst covering the company says he met with Chief Operating Officer Tom Cook. While no new news was providing, the meeting has reinforced the bullish Apple thesis.