Dec 05

Dow Jones Revisits 12000 Briefly

Posted on December 5, 2011 by Kyle Chambers

The Dow Jones which fell by -0.5% in mid-session reduced its loss to -0.21%, which allows him to ‘take’ more than 24 hours above 12,000 Pts.

The few profit-taking seen to have never taken 20H scale, which seems reassuring to lemdemain a dramatic increase of close to 4.5% on average, the highest since mid-March 2009.

All losses of November (4 weeks of withdrawal for a loss of about -9%) was cleared in 4 sessions … half after the only day on Wednesday, the beginning of December is therefore quieter but many operators continue to expect the traditional ‘year-end rally. ”

When indices are able to fly from 8 to 10% in 3 sessions, regardless of whether the movement began in the beginning of months: the strategy period will be the preceding session of ’4 witches’ ​​of 16/12.

For now, US indices are zero performance over the year: the Dow and the Nasdaq-100 display 4% on average, the ‘S & P’ and ‘Composite’ were down 1%. Disabilities they may erase tomorrow if the employment statistics emerged to the expectations aroused by yesterday the investigation of ADP (Berlin: W7L.BE – news) (which would have counted 205,000 new jobs in the private sector).

But it will relativize any ‘good numbers’ because the month of November is traditionally the mass hiring of temporary employees in the retail sector for the period from Thanksgiving.

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Nov 22

Exchanges Such As Dow Jones Try To limit Damage

Posted on November 22, 2011 by Kyle Chambers

Wall Street tried to limit the damage on Tuesday after growth figures were worse than expected in the third quarter, but relapsed still around its lows yesterday.

As we approach midday, the Dow Jones today retreated 0.9% to 11,442.4 points, while the Nasdaq Composite also yields 0.9%, to 2500.4 points.

The surprises continue to accrue on the markets, as U.S. growth in the third quarter was revised down significantly (from 2.5% to 2%) in the second reading, while the most optimistic hoped for confirmation its first estimate.

This suggests to some observers that the week of ‘Thanksgiving’ was never started as badly for decades, not even in 2002 and at the time of terrible crisis of 2008.

‘We can console themselves by saying that the correction would have been much worse under the new rise in yields in Italy and Spain’, noted one trader.

‘This will keep in mind that vendors keep their fingers close to the buttons on sale’, he adds.

This climate of distrust obviously affects at all points and only five Dow components link in positive territory, mostly called defensive companies (McDonald’s, Procter & Gamble, Kraft,…).

HP is changing rapidly decline (-4%) investors showing their disappointment at the end of the first publication of Meg Whitman as CEO of the group.

Campbell loose more than 6% after publishing the results down slightly for the first quarter of fiscal year 2011/2012, he announced a year of transition ‘.

The American specialist of video on demand (VoD) Netflix shows a sharp decline (-2%) after presenting last night in terms of fund raising $ 400 million.

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Nov 19

GDF SUEZ to pay tax on nuclear power

Posted on November 19, 2011 by Kyle Chambers

A huge blow to the group GDF SUEZ which will pay a tax on nuclear power in Belgium. As operator of all nuclear power plants in the country, the cost for the group could reach 252 million euros.

At the same time, the group confirmed the dividend until 2013. This statement was made in the Actionaria by Gerard Mestrallet, announcing that the group committed to “not to lower the dividend.” He also said that emerging markets represent a priority for GDF SUEZ with a target production capacity of 60% in these countries. The strategy is to take advantage of the increased demand should be higher in these regions than in developed countries.

In our previous strategy we were on the seller as GDF SUEZ with the objectives of the 22 and 20.50 EUR. These have now been achieved and the value changes in contact with a support medium and long term important located 19 EUR.

At these levels, the stock is 0.91 times its currency revenues estimated for 2011 and his PER is 9.36, a historically low level. If 19 EUR were preserved weekly closing, the most offensive could come back to buy the title with bullish targets located 20.50 and € 22. The protective stop will be positioned under the 18.30 EUR, down from 11 last August.

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