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Monthly Archives: October 2011

Stock Market Analysis Video: An Encouraging Week

October 7, 2011
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Stock Market Analysis Video: An Encouraging Week

In this week’s Stock Market Video, Cabot Market Letter Editor Mike Cintolo says that what started out as another ugly week for the market turned into an encouraging week. This is a good first step in the right direction, however, a lack of meaningful positive divergence when the market re-tested its lows may mean it will decline further or need time to build a base. Either way, it’s important to keep your watch list fresh. Here are some stocks we’re watching: Amazon.com (AMZN), Under Armour (UA), Tesla Motors (TSLA) and Dunkin’ Brands (DNKN). Click below to watch the video!

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What Happened to Solar?

October 7, 2011
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You’ve probably heard something about three well-known solar firms that declared bankruptcy this year. Here in Massachusetts, where I live, Evergreen Solar declared bankruptcy in August after finding itself nearly half a billion dollars in debt, less than three years after its stock traded over 100 a share. In Oregon and New York, recent Intel spin-off SpectraWatt also went under and its assets were auctioned off last week. Most infamously, California’s Solyndra shut down two years after receiving $528 million in Department of Energy loans for its California manufacturing facilities. So what happened to solar? In short: China. In...

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A Bargain-Basement Stock

October 6, 2011
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Today’s stock is one from the bargain basement. Goodyear Tire & Rubber Company (GT) tanked with the market in early August, and has yet to get back on its feet. But AlphaProfit Sector Investors’ Newsletter Editor Sam Subramanian doesn’t think there’s anything wrong with the company, and sees a buying opportunity here. Here’s his recommendation, from last month, which was in the latest Digest: “The Goodyear Tire & Rubber Company shares are down sharply from their $18.25 a share July high. The tire maker’s fundamentals are on a sound footing and the decline represents a buying opportunity. In the...

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The Stock Market is Not the Economy

October 6, 2011
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The Stock Market is Not the Economy

Last week, we conducted a short survey of our Dick Davis Investment Digest subscribers. One of the questions asked them to identify the biggest concern or challenge they face as investors right now. The top two answers were market volatility and the economy. Several respondents used the phrase “economic uncertainty.” Obviously, our subscribers’ concerns are valid: the economy’s direction is, indeed, uncertain. However, the obvious level of concern over this makes me think I should revisit a point I wrote about here a few months ago. Simply, the stock market is not the economy. The market can, and frequently...

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Waiting for the Tide to Turn on Renren

October 5, 2011
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This is not, to put it mildly, a good time to be investing in stocks. The winds and tides of the market are blowing resolutely against you, which reduces your odds of making any real money to worse than an ant’s chances of making it across a freeway at rush hour. Those tides and winds seem to be paying special attention to Chinese stocks, pulling even the most robust of them lower. But a bad time for buying is a great time for working up a watch list, and Renren (RENN), one of the top candidates for the title...

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