Notes

Stock market to Main Street: News, Views in addition to Commentary: June fourteen, 2006
It's Wednesday June 14, 2006, and that we are trying to find over the hump of the stock trading week but typically the worry still looms regardles of the model. Metals have been dropping such as a rock, Silver and gold have dropped more than 20% from their own highs, and this specific is partially owing to the decrease in demand by the jewelry industry and the decrease in demand from India.

India provides been a major buyer of precious metals panoramic, this kind of emerging market was a big switch in the mining harvests craze. Now that along with the particular other slipping growing markets such since Brazil, Russia, Cina, South Korea aka the "BRICK" nations around the world, India has make tighter their belt. And so supply and demand has come in to play. Those highflying metals stocks include been knocked lower but we're able to notice a slight board in the forthcoming weeks.

Companies that will are located in typically the "BRICK" countries and trade within typically the United States, around the board are actually evacuated from, the amount of money flow out of these businesses have induced these to slip practically each and every day. But that may be time and energy to start to look at these businesses once again just to get a handle about those companies that will were guilty by association and pulled down.

The Nasdaq has fallen with regard to the 8th direct day, today may well mark number nine and that is usually something that have not happened since 1984. While the Regular & Poor's 500 closed at some sort of seven month low yesterday. This is certainly almost all due to concerns that the FOMC will raise interest rates, so hang in their since there are gems in this kind of rubble that you may want to pick up, you simply need to be patient.

In the particular alternative energy field, you have a new company that will begin trading right now and they will be within the Ethanol sport. VeraSun Energy Firm (NYSE: VSE) The Company has Ethanol plants both in Grand rapids and South Dakota. They sell the branded fuel, VE85, at service channels in the Midwest. Now this is a genuine play in the Ethanol arena, but this is definitely one of three Ethanol companies which will be taken public quickly. Even though the particular initial budge features come from Capitol Hill, that is usually not enough to drive the buyers to the frontlines of the new concerns. Therefore the timing may be wrong and these new issues just may put a ton of pressure on various other publicly traded Ethanol companies once these people hit the industry, such as Pacific Ethanol (NASDAQ: PEIX).

Nonetheless it can have a ripple effect and drip down to various other alternative energy companies that may be involved inside the solar strength arena.

Tropical Storm Alberto turned down the particular burners before it hit Florida last night and failed to present the danger when compared to the way most forecasters believed. So the storm never made this to Hurricane reputation, and just trashed rain on the areas near Tallahassee, Florida.

Movers in addition to Shakers

Some major movers in the past days trading session involved Maverick Tube Corp (NYSE: MVK), typically the stock soared to be able to close up $16. 99 at $62. 65 once they agreed to be bought by Tenaris (NYSE: TS) for more than $3. 19 million or $65 a new share. Tenaris made this an all funds deal, which produced it even more appealing to the table of Maverick Tubing.

Diodes, Inc (NASDAQ: DIOD) shot way up to close way up $4. 94 with $38. 39, it was based on the particular semiconductor company asserting that they were increasing their first quarter guidance, So they will expect growth regarding 10-12% as opposed to about 3%, so throughout other words they will are searching for earnings in the location of approximately $82 million compared to very first quarter revenue of $73. 6 thousand. Earlier this 12 months the stock bought and sold up from $33 heading to $41 but once it shattered that level that tried for $42 and then in the particular mid $43 collection it hit a new ceiling and chop down sharply for the $32 range and that was about good earnings. Thus keep that in mind if an individual jump into this particular one as that will same ceiling may still exist.

Lone Star Technologies (NYSE: LSS) traded up $2. 94 to close at $46. 54, finally, there is simply no news out plus the stock exchanged almost triple the particular daily volume, buying and selling close to a couple of. 8 million shares. Now I need to lay something out for you about this one, the last time that it traded at $47. 55 which has been in March 10, 2006, the stock picture up to $62. 99 by middle April but came up tumbling down immediately afterwards. So this can be one to look at simply plan out the exit point prior to diving in.

In this article is another stock that traded more than triple their average volume, NS Group, Inc (NYSE: NSS) which traded upwards $1. 21 to be able to close at $45. 76 on over 1. 4 thousand shares traded. Now get more info makes seamless and welded tubular steel products for your energy business. Even though the stock traded in the $48 range yesterday, I am taking a look at exactly what it closed at, which is $45. 76. check here that this shut over $46. fifty, which was back in April, the share shot up close up to $52, after that slipped down a bit and after that traded up in order to the $55 selection and then that nosedived to the $45 range some sort of few weeks later. So there may possibly be something in this article, you just want to be inside tune to the particular trading for the stock, just like Only Star, just pick your entry plus exit points before hand and stay with it.

Other stocks that will made nice moves on Tuesday include Dean Foods (NYSE: DF) which traded up $1. 35 to shut at $36. 05, Apple computer (NASDAQ AAPL) traded upwards $1. 32 to close at $58. thirty two, Intuit (NASDAQ: INTU) traded up $1. 25 to shut at $52. 69, Wellcare Health Blueprints (NYSE: WCG) bought and sold up $1. eighteen to close at $49. 48, Hologic (NASDAQ: HOLX) traded upwards $1. 42 to close at $36. 94 and Greatest Buy (NYSE: BBY) shot up $2. 66 to close up at $51. 69.

Under Eight

Other stocks that produced moves on a positive under ten bucks include MicroFinancial (AMEX: MFI), an tools leasing company that will at one point traded in the particular $16 range nevertheless which was a longer time ago, the stock traded way up 19 cents in order to close at $3. 59 on very little to no amount. There really is no attention in the stock by the road, I just mentioned it because an individual actually bought the stock.

Peru Birdwatcher (AMEX: CUP) photo up 20 mere cents to close in $4. 30 upon Tuesday, now this specific stock has traded wildly with conjecture of a takeover by simply Southern Copper (NYSE: PCU), now since we said typically the company announced of which Southern Copper is definitely not the only real species of fish in the ocean. With metals reaching a bottom within this range you can expect the eye in Peru Copper to be able to spring up again as any suitors which are out generally there are sitting on the sidelines awaiting the right instant. As a possible investor an individual want to buy on rumor promote on news, certainly not the other approach around. So assume Peru Copper to achieve some interest, buy and sell a little better in the arriving days and months, and you may well want to look at other gold, sterling silver and copper companies that fell by grace lately as the sell off seemed to be overdone.

Back inside March NPS Pharmaceuticals (NASDAQ: NPSP) bought and sold in the $14 range consider then that has fallen to the $4. ninety five range w here it closed on Tues, up 15 mere cents. This tumble has been due to federal regulators proposing a new clinical trial for their PREOS drug. Now in spite of their improved revenue and revenue becoming shown the road had no whim with this one. At this point their particular negative EPS is very close to their very own stock price. And so on the heels of that hecatombe the company made a decision to restructure, reducing half of it is staff, closing facilities and scrapping a package that they got with Allergan to promote its chronic dry eye medication Restasis. The inventory is at it is 52 week minimal, which their most time low, quite much, and the particular damage is completed, so you could see an upward move in the inventory however, not overnight. I actually really never observe it trading beneath $4 so the downside is limited in comparison to their upside potential. Do your homework about this one as it may be something to check out.

Other stocks that moved higher recently under ten dollars included Waster Companies (NASDAQ: WSII) which usually traded up 12 cents to close up at $2. 92, McData Corp (NASDAQ: MCDTA) traded up 10 cents to be able to close at $4. 03, AVI Biopharma (NASDAQ: AVII) dealt up 9 mere cents to close at $3. 39 upon over 1. a couple of million shares exchanged and Bookham (NASDAQ: BKHM) which exchanged up 21 mere cents to close in $3. 18.

Downers

Other stocks that will traded down last night included Bear Stearns (NYSE: BSC) which in turn traded down $8. 30 to close up at $123. 43, Goldman Sachs (NYSE: GS) which bought and sold down $5. 75 to close in $139. 25, UBS AG (NYSE: UBS) which traded straight down $4. 35 to shut at $98. seventy six and Blackrock (NYSE: BLK) which dealt down $4. 80 to close from $123. 59. Today they are part of the economical sector that got hammered as involving late, but it is oversold. Investors want to start looking from the brokerage stocks and shares again as Purchase banking is transforming in so many ways and buying and selling revenue will grow in 2006. We all just need to be in tune to be able to the industry, nevertheless these stocks really should have some type of bounce today in addition to longer term have to do well.

Hansen Organic (NASDAQ: HANS) exchanged down $6. 06 to close in $149. 95 they will are going to be able to be splitting quickly.

Baidu. com (NASDAQ: BIDU) traded lower $5. 99 to be able to close at $78. 20, this offer off is related to the particular drop in growing markets. This appears to be oversold in case it breaks the $77. sixty six mark it may fall into typically the mid $60 selection. So just get over it.

Other stocks that bought and sold down include Rio de janeiro Tinto (NYSE: RTP) which traded lower $4. 77 to be able to close at $185. 25, Arcadis (NASDAQ: ARCAF) traded along $4. 27 to be able to close at $39. 35 and Toyota Motor (NYSE: TM) which traded down $4. 20 to shut at $95. 51.

Now some stocks under ten pounds that received the royal smack decrease yesterday include Datalink (NASDAQ: DTLK) which usually traded down $1. 05 to near at $4. ninety six, Gold Reserve Incorporation (AMEX: GRZ) bought and sold down 74 mere cents to close at$3. 96, Fieldpoint Petroleum (AMEX: FPP) traded decrease 60 cents to be able to close at $4. 51, Bema Rare metal (AMEX: BGO) exchanged down 50 mere cents to close in $4. 10, Miramar Mining (AMEX: MNG) traded down 43 cents to close up at $3. sixteen and Transmeridian Search (AMEX: TMY) which usually traded down forty cents to close at $4. 45.

Analyst Upgrades/Downgrades

Modern Analyst upgrades contain Dean Foods (NYSE: DF) that was enhanced to an Overwieght from a Neutral Weight by Prudential Equity Group, Omega Financial Corp (NASDAQ: OMEF) was better into a Neutral coming from a Sell by Janney Montgomery, Iowa Casualty (NASDAQ: OCAS) was upgraded to be able to a Buy by a Hold by Deustch Bank Stock options and Kronos Incorporation (NASDAQ: KRNO) was upgraded to a new Buy from a Neutral by Sidoti & Co.

Recent Analyst downgrades incorporate Jabil Circuit (NYSE: JBL) which had been downgraded to the Hold coming from a Get by Citigroup, Piedmont Natural Gas (NYSE: PNY) was downgraded to a Simple from the Buy simply by Janney Montgomery, Monster Worldwide (NASDAQ: MNST) was downgraded to be able to a Market Perform from a Strong Buy by Janney Montgomery and Pacific cycles Energy Partners (NYSE: PPX) was reduced to a Keep from your Buy simply by AG Edwards.

Modern analyst coverage avertissement include Global Repayments (NYSE: GPN) which in turn was initiated with a Buy rating by Janney Montgomery, Smith Micro Application (NASDAQ: SMSI) has been initiated with some sort of Buy rating and even a $24 selling price target by Lazard Capital Markets and Arch Chemicals (NYSE: ARJ) that has been started with a Purchase rating by Sidoti & Co.
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