Geopolitical crises are taking a toll on stocks as we head into the seasonally weak month of August.
- Moody's: RadioShack is running out of cash
The retailer may not have a financial cushion to fund its turnaround plan.
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Political bickering between Democrats and Republicans blocks any deficit-cutting agreement. That, combined with the deepening European debt crisis, sets the stage for additional market losses and another halt to economic growth.
We could see this coming a mile away. To no one's surprise, the bipartisan deficit "super committee" declared itself a failure this afternoon, with no agreement to be had.
That after a day in which stocks plunged as it becomes clear the United States is increasingly ungovernable -- something I discussed in my recent column "Will DC wreck the economy, again?"
After three months, the gap between the $2 trillion plan from the Democrats (an equal mix of new taxes on the rich and spending cuts) and the $1.2 trillion deal from the Republicans (mainly spending cuts) as three months of talks failed to deliver a compromise on $1.2 trillion in budget savings over the next 10 years.
"We are deeply disappointed that we have been unable to come to a bipartisan deficit reduction agreement," the panel said in a statement, "but as we approach the uniquely American holiday of Thanksgiving, we want to express our appreciation to every member of this committee, each of whom came into the process committed to achieving a solution that has eluded many groups before us. Most importantly, we want to thank the American people for sharing thoughts and ideas and for providing support and good will as we worked to accomplish this difficult task."
You can read the panel full statement here.
Apart from being a unique growth and value stock, Apple may be the next big dividend play.
Concern that shares of Apple (AAPL) will continue to slip and slide from current price levels is quite premature and fundamentally flawed. True, the untimely passing of Steve Jobs in early October has instilled great angst among investors. But not a few close watchers see Apple entering a new chapter of further growth, opportunities and shareholder charm.
These companies have both short-term gain catalysts and longer-term growth potential.
It may be a short week, but that's no reason to think that Mr. Market will be short on drama as we approach the Thanksgiving holiday. With Congress's supercommittee not looking so "super" ahead of its Wednesday deadline, new sparks in the Middle East and the all-too-familiar eurozone debt debacle, there are plenty of market-moving headlines to watch out for this week.
And with many traders thinking turkey rather than tactics, low volume could mean more volatility for stocks. This week, we'll attempt to harness the swings with a new set of five Rocket Stock names.
Geographic diversity, cost structure, and a relatively strong balance sheet position the company to withstand current market conditions and grow in the long term.
We recently launched coverage for Trina Solar with a $10.25 price estimate, which values it at a 50% premium over the current market price.
Trina Solar has a geographically diverse customer base and sells modules in the U.S., Europe and other major world markets.
Here's a look at four technology stocks riding the IPO wave into 2012.
While the window for tech initial public offerings remained closed during the third quarter with just four venture-backed companies pursuing IPOs, the trend appears to have reversed in recent weeks.
Earlier this month, Groupon (GRPN) netted $700 million in an IPO despite scrutiny over its accounting metrics and concerns about its long-term ability to turn a profit. The offering was the largest since Google's (GOOG) in 2004, as Groupon ended a dearth of IPOs in the last several months and opened up the doors for a slew of other high-profile companies to toss their hats into the ring.
With 19 dividend boosts in 20 years, this water utility is a time-tested stock for a difficult economy.
Utilities offer a great investment for those who believe the market is overheating. Additionally, utility stocks defend investment portfolios from difficult economic periods.
Aqua America (WTR) has proven to be among one of the best utility stocks to own over the past decade. I love this investment because it's simple to understand and has stood up to the test of time.
The Oracle of Omaha succumbs to fiscal reality and invites Wall Street to Berkshire's annual meeting.
For decades, billionaire Warren Buffett has argued that the quarterly earnings dance between Wall Street and publicly-traded companies was a waste of time for all involved. Now, he's starting to change his tune.
According to media reports, the CEO of Berkshire Hathaway (BRK.A) has decided to field questions from a handful of Wall Street analysts at the company's annual meeting, known to devotees as "The Woodstock of Capitalism."
Citi hasn't had as much negative attention as its larger rival this year, but investors should be just as leery.
Plenty of ugly headlines have been written about Bank of America (BAC) lately.
There's the galling hubris of CEO Brian Moynihan, stating that the public is too quick to criticize such an altruistic bank. There's the panicked race to recapitalize, including $5 billion from Warren Buffett and the sale of a roughly $10 billion stake in China construction bank. There was an infuriating plan to gouge BofA customers $5 a month for a debit card, which has since been replaced by a less obtrusive campaign to nickel-and-dime them to death.
The company can leverage HBO's premium content and healthy subscriber base with new broadcast platforms.
HBO subscribers can now watch popular shows and movies on PCs, mobile devices and tablets in addition to the television through partners like Comcast (CMCSA) and Dish Network (DISH). This is a good move by Time Warner to leverage the premium content and healthy subscriber base of HBO.
The SPDR S&P Retail ETF is a good way to take advantage of the start of the holiday shopping season.
Here are five ETFs to watch this week.
1. Market Vectors Agribusiness ETF (MOO)
Food prices have run into headwinds as looming economic turmoil has weighed heavily on investor confidence in the global growth picture. In November, this factor has caused the futures-tracking PowerShares DB Agriculture Fund (DBA) to retreat to previous 2011 lows, returning all of the gains in October.
The global pressure has had less of an impact on the equity-backed MOO. Over the past month, this product has managed to pull ahead and maintain a comfortable lead over DBA. The shortened week ahead will be an important one for MOO with top holding Deere (DE) slated to report earnings on Wednesday. Representing more than 7% of the fund's index, the firm's performance and future outlook will likely play a major role in directing its mid-week action.
The nature of what's about to occur could be horrifying. But then maybe the European Central Bank will come to the rescue.
Each day the odds get slimmer for a resolution in Europe that doesn't immediately destroy trillions in capital. With the Germans seemingly unwilling to come to the aid of the profligate nations, there simply aren't many ways out.
What's the most likely one? The sovereign nations want to save themselves and the depositors at their institutions. That means they have to play hardball with the owners of the equity and the debt of the European banks.
The Aden sisters, resource specialists for 30 years, look at the prospects for stocks, bonds, gold & silver.
Caution remains the watchword, as stocks are not yet out of the woods. We recommended selling stocks on August 4 and we’ve been out of the stock market since and continue to feel that it’s best to stay on the sidelines to see how things evolve.
Meanwhile, gold, bonds and the U.S. dollar continue to be the main safe havens, so stay with them.
The company is finally producing and delivering planes. Still, the stock has become very difficult to value.
The company adds a vocal critic to its board, which may help it regain the faith of the investing community.
The directors of Hewlett-Packard (HPQ) are making changes after years of being described as blundering, pathetic and a "bunch of clowns." In an effort to please investors, the board has done the unthinkable: brought in an activist investor.
It could be a couple of weeks until we know the true effect of the latest US debt debate in the markets, but there are still no clear signs that a year-end rally has been written off.
By Tom Aspray, MoneyShow.com
Stocks had a pretty rough week. Fitch’s warning about the risks that US lenders could face if the Euro debt contagion spreads shocked the markets before the close on Wednesday. The selling continued on Thursday, but stocks traded in a narrow range on Friday and the close was mixed.
The financial sector came under further pressure after the report, as the Select Sector SPDR Financial (XLF) finished the week 9% lower. As I discussed in “Stick with ’Green Light’ Sectors”, the weekly relative performance, or RS analysis continues to suggest that this sector is underperforming the S&P 500.
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[BRIEFING.COM] S&P futures vs fair value: -9.10. Nasdaq futures vs fair value: -19.50. U.S. equity futures trade sharply lower amid cautions action overseas. The S&P 500 futures trade nine points below fair value with some volatility expected around 8:30 ET when the Nonfarm Payrolls report crosses the wires. The Briefing.com consensus expects the report to reveal the addition of 220,000 payrolls in July.
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