Notes

Wall Street to Main Street: News, Views plus Commentary: June fourteen, 2006
It's Wednesday August 14, 2006, and that we are trying to find over the hump of the stock trading week but the worry still harnesses panoramic. Metals have got been dropping such as a rock, Gold and Silver have dropped over 20% from their very own highs, and this is partially expected to the lower in demand by the jewelry business and the cut down in demand through India.

India offers been a major buyer of precious metals across the board, this particular emerging market was a big switch in the metals craze. Now that will along with the other slipping emerging markets such as Brazil, Russia, Cina, South Korea also known as the "BRICK" countries, India has tighten up their belt. Therefore supply and desire has come into play. Those highflying metals stocks include been knocked straight down but we could discover a slight board in the coming weeks.

Companies that are operating out of typically the "BRICK" countries plus trade within typically the United States, throughout the board happen to be evacuated from, the cash flow out regarding these businesses have brought on them to slip nearly each and every day. But that may be time for you to start to appear at these companies once again just to acquire a handle on those companies of which were guilty simply by association and drawn down.

The Nasdaq has fallen intended for the 8th direct day, today may possibly mark number nine and that is something that has not happened since 1984. While the Normal & Poor's 500 closed at a new seven month very low yesterday. This really is just about all due to concerns that the FOMC will raise curiosity rates, so suspend in their because there are gems in this kind of rubble that you may want to be able to grab, you only need to get patient.

In the alternative energy industry, you have a new company that can begin trading right now and they are usually within the Ethanol game. VeraSun Energy Company (NYSE: VSE) Typically the Company has Ethanol plants both in New jersey and South Dakota. They sell some sort of branded fuel, VE85, at service areas in the Midwest. This is a natural be in the Ethanol industry, but this is one of about three Ethanol companies that will be taken public immediately. Even though typically the initial budge offers come from Capitol Hill, that is definitely not enough to be able to drive the shareholders to the frontlines of these new problems. Therefore the timing might be wrong and these new issues just may put a ton associated with pressure on other publicly traded Ethanol companies once they hit the market, such as Pacific Ethanol (NASDAQ: PEIX).

But it could have a ripple effect and drip down to some other alternative energy companies that may be involved throughout the solar electric power arena.

Tropical Thunderstorm Alberto rejected typically the burners before this hit Florida last night and did not cause the danger compared with how most forecasters expected. So the storm never made it to Hurricane standing, and just trashed rain on the particular areas near Tallahassee, Florida.

Movers and even Shakers

Some significant movers in the past days trading session included Maverick Tube Corp (NYSE: MVK), the particular stock soared to be able to close up $16. 99 at $62. 65 when they decided to be bought by Tenaris (NYSE: TS) for more than $3. 19 billion or $65 a new share. Tenaris made this the dollars deal, which made it even even more attracting the table of Maverick Tubing.

Diodes, Inc (NASDAQ: DIOD) shot up to close up $4. 94 at $38. 39, it was based on the semiconductor company asserting that they have been increasing their second quarter guidance, So that they expect growth associated with 10-12% instead of regarding 3%, so within other words these people are looking for revenue in the location of approximately $82 million when compared to first quarter revenue of $73. 6 mil. Earlier this 12 months the stock bought and sold up from $33 going to $41 yet once it broke that level this tried for $42 after which in the particular mid $43 collection it hit some sort of ceiling and chop down sharply to the $32 range and this was in good earnings. Therefore remember that if a person jump into this one as of which same ceiling might still exist.

Only Star Technologies (NYSE: LSS) traded upwards $2. 94 to be able to close at $46. 54, now there is zero news out in addition to the stock dealt almost triple the particular daily volume, investing close to two. 8 million gives you. Now I need to be able to lay something out and about for you within this one, the final time that that traded at $47. 55 which has been upon March 10, 06, the stock hit up to $62. 99 by middle of the April but came up tumbling down shortly afterwards. So this kind of might be one to be able to look at simply plan out the exit point just before diving in.

Right here is another stock that traded over triple their common volume, NS Class, Inc (NYSE: NSS) which traded up $1. 21 to close at $45. 76 on more than 1. 4 thousand shares traded. Right now the company produces seamless and welded tubular steel goods to the energy sector. However the stock bought and sold up in the $48 range yesterday, My partner and i is taking a look at precisely what it closed with, which is $45. 76. The previous time it closed over $46. fifty, which was back April, the stock shot up close to $52, in that case slipped down some sort of bit and then traded up to be able to the $55 collection and then this nosedived to the $45 range a few weeks later. So there might be something right here, you just will need to be in tune to typically the trading within the stock, just like Single Star, just choose your entry and even exit points just before hand and stick to it.

Other stocks that will made nice progresses Tuesday include Dean Foods (NYSE: DF) which traded upwards $1. 35 to shut at $36. 05, Apple computer (NASDAQ AAPL) traded up $1. 32 to close at $58. thirty two, Intuit (NASDAQ: INTU) traded up $1. 25 to shut at $52. 69, Wellcare Health Packages (NYSE: WCG) bought and sold up $1. 16 to close at $49. 48, Hologic (NASDAQ: HOLX) traded up $1. 42 to be able to close at $36. 94 and Best Buy (NYSE: BBY) shot up $2. 66 to near at $51. 69.

Under Five

Additional stocks that made moves on the upside under ten bucks include MicroFinancial (AMEX: MFI), an products leasing company that will at one point traded in the particular $16 range but that was a very long time ago, typically the stock traded upward 19 cents in order to close at $3. 59 on little to no quantity. There is really no fascination in the share by the streets, I just described it because someone actually bought typically the stock.

Peru Water piping (AMEX: CUP) photo up 20 cents to close from $4. 30 upon Tuesday, now this stock has exchanged wildly with conjecture of your takeover simply by Southern Copper (NYSE: PCU), now because we said the company announced that will Southern Copper is usually not really the only species of fish in the ocean. With metals striking a bottom in this particular range you may expect the eye inside of Peru Copper to be able to spring up once more as any suitors which might be out right now there are sitting in the sidelines expecting the right moment. Being an investor a person want to purchase on rumor and sell on news, not necessarily the other approach around. So count on Peru Copper to find some interest, business a little better in the approaching days and days, and you may possibly want to check out other gold, sterling silver and copper service providers that fell coming from grace lately as the sell off seemed to be overdone.

Back inside March NPS Pharmaceuticals (NASDAQ: NPSP) traded within the $14 variety consider then this has fallen in order to the $4. 96 range where that closed on Thursday, up 15 mere cents. This tumble had been due to national regulators proposing a new clinical trial for their PREOS drug. Now in spite of their improved income and revenue being shown the avenue had no compassion within this one. At this point their very own negative EPS is very close to their very own stock price. And so on the heels of that derrota the company made the decision to restructure, getting rid of half of its staff, closing services and scrapping a deal breaker that they acquired with Allergan to promote its long-term dry eye drug Restasis. The stock is at their 52 week lower, which their all time low, quite much, and the particular damage is done, so you may see an upward move in the share however, not overnight. I really never notice it trading under $4 so the bad thing is limited in contrast to their upside potential. Research your options about this one as it might be something to think about.

Other stocks that moved higher last night under ten money included Waster Services (NASDAQ: WSII) which usually traded up 13 cents to shut at $2. 78, McData Corp (NASDAQ: MCDTA) traded way up 10 cents to close at $4. 03, AVI Biopharma (NASDAQ: AVII) traded up 9 cents to close with $3. 39 upon over 1. two million shares traded and Bookham (NASDAQ: BKHM) which bought and sold up 21 mere cents to close in $3. 18.

more info that will traded down last night included Bear Stearns (NYSE: BSC) which traded down $8. 30 to close at $123. 43, Goldman Sachs (NYSE: GS) which bought and sold down $5. seventy-five to close with $139. 25, UBS AG (NYSE: UBS) which traded down $4. 35 to close at $98. seventy six and Blackrock (NYSE: BLK) which exchanged down $4. 85 to close with $123. 59. Today they are component of the economic sector that got hammered as involving late, but their oversold. Investors want to search in the brokerage stocks and options again as Investment banking is changing in so a lot of ways and investing revenue will expand in 2006. We all just need to be able to stay in tune in order to the industry, yet these stocks should have some type of bounce today plus longer term have to do well.

Hansen Normal (NASDAQ: HANS) exchanged down $6. summer to close in $149. 95 these people are going to be able to be splitting quickly.

Baidu. com (NASDAQ: BIDU) traded straight down $5. 99 in order to close at $78. 20, this market off is related to typically the drop in emerging markets. This seems to be oversold but once it pauses the $77. sixty six mark it could fall into typically the mid $60 variety. So just end up being together with it.

Additional stocks that dealt down include Rj Tinto (NYSE: RTP) which traded along $4. 77 to close at $185. 25, Arcadis (NASDAQ: ARCAF) traded down $4. 27 in order to close at $39. 35 and Toyota Motor (NYSE: TM) which traded along $4. 20 to close at $95. fifty one.

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

Analyst Upgrades/Downgrades

Modern Analyst upgrades contain Dean Foods (NYSE: DF) which was better to an Overwieght from a Simple Weight by Prudential Equity Group, Tissot Financial Corp (NASDAQ: OMEF) was upgraded to some Neutral from a Sell by simply Janney Montgomery, Kansas Casualty (NASDAQ: OCAS) was upgraded to a Buy coming from a Hold by simply Deustch Bank Investments and Kronos Incorporation (NASDAQ: KRNO) has been upgraded to a new Buy from some sort of Neutral by Sidoti & Co.

Current Analyst downgrades consist of Jabil Circuit (NYSE: JBL) which seemed to be downgraded to the Hold from your Get by Citigroup, Piedmont Natural Gas (NYSE: PNY) was downgraded to a Natural from the Buy by simply Janney Montgomery, Monster Worldwide (NASDAQ: MNST) was downgraded in order to a Market Conduct from a Sturdy Buy by Janney Montgomery and Ocean Energy Partners (NYSE: PPX) was reduced to a Carry from your Buy simply by AG Edwards.

Modern analyst coverage avertissement include Global Obligations (NYSE: GPN) which in turn was initiated along with a Buy ranking by Janney Montgomery, Smith Micro Computer software (NASDAQ: SMSI) has been initiated with a new Buy rating plus a $24 selling price target by Lazard Capital Markets in addition to Arch Chemicals (NYSE: ARJ) that has been initiated with a Purchase rating by Sidoti & Co.
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