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Posted
Sep 28 2009, 12:10 PM
by
Kim Peterson
Money Blog: Top Stocks Blog - MSN Money
 Aluminum prices simply tanked this year, dropping to a seven-year low in February as demand slowed. Suppliers shut down production, and people began storing huge quantities of the metal in warehouses and ports, The Wall Street Journal reports.
But aluminum is making a comeback, and that has some investors taking notice. A new exchange-traded fund is in the works that would focus on aluminum; in fact, the fund would buy aluminum as physical backing. ETFs trade on the markets like a stock does, and the Journal reports that gold ETFs are ridiculously hot, growing faster than any other gold segment. Bing: Aluminum stocks
The aluminum ETF would buy up surplus aluminum at just the right time,
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Posted
Sep 24 2009, 11:49 AM
by
Jim Jubak
Rating:
Money Blog: Top Stocks Blog - MSN Money
 As I wrote earlier today, I think the short-term commodities cycle has turned.
China's buying spree, which fueled a furious commodity rally in the last six months, is, if not over, slowing. China's buying in the second half of the year is likely to be much slower than in the first six months of 2009.
Which leads to my decision to take some money off the table in the most volatile commodity stocks. Fortescue Metals Group (FSUMF) certainly fits that description. Although the stock is down 32% from my purchase date on December 19, 2007, it's up 129% from the March 9, 2009 market bottom.
Bing: Fortescue's business in China
Fortescue is so volatile because it has a double link to China.
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Posted
Sep 14 2009, 02:12 PM
by
Minyanville
Money Blog: Top Stocks Blog - MSN Money
This article is written by Minyanville's Quint Tatro All last week the buzz was in the air ... gold is sticking above $1,000! As rotation occurs, I’ve decided to take a look into the mine and see if I can find some nuggets that are worthy of our capital. See also Is Gold's Price a New Floor?
Several charts in the mining sector merit a closer look from our piercing headlamp, and if gold and silver remain the talk of the town then these plays should hold plenty of upside.
Mind you that the emotional and psychological aspects of trading gold, miners, and other metals are strong, and any trends forming should be respected. All charts are weekly reads. Companhia Vale Do Rio Doce ADS (VALE)
The Trade: Long on break of last week’s high of $21.61. Stop just under the weekly 50 MA.
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Posted
Sep 04 2009, 08:17 AM
by
Minyanville
Rating:
Money Blog: Top Stocks Blog - MSN Money
This article is written by Minyanville's Smita Sadana There's recently been a lot of talk about United States Natural Gas (UNG) in terms of how it's been disconnected from the underlying fundamentals. As always, the popular media is the last one to pick up on any story. I last exited a profitable long trade on UNG at $15.6 on June 16, when these concerns that are abuzz in the media today first surfaced. The note was entitled Nothing Natural about UNG. Bing: Natural Gas
"If this were a chart of a regular company, it would be a phenomenal technical set-up and would most likely lead to a happy ending. But something has been going on in UNG lately that goes beyond technicals and is confounding experts. "So, I'm starting to take profits after this 15-18% move. Yeah, let the price not fool you into believing that this is something tame." Can investors learn anything from this?
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Posted
Sep 01 2009, 01:25 PM
by
Anthony Mirhaydari
Rating:
Money Blog: Top Stocks Blog - MSN Money
In a dramatic shift, investors are shying away from the riskiest assets and the most speculative stocks. The huge rise in the likes of AIG (AIG) and Citigroup (C) had the trappings of a short-covering bull rally on its last legs. Now, the financial sector appears to losing the market leadership role that powered the broad market higher.
After regrouping and counting casualties, the bears are on the counterattack. AIG is down 24.3% over the last two days while Citigroup has lost 10.1%. Government controlled mortgage lenders Fannie Mae and Freddie Mac are down 19.1% and 17.9% respectively.
The catalyst appears to be a downgrade of AIG by a Sanford C. Bernstein analyst and downgrades of Fannie and Freddie by FBR Capital Markets analysts. But the signs of an impending turnaround have been building for weeks.
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Posted
Mar 17 2009, 08:07 AM
by
Minyanville
Rating:
Money Blog: Top Stocks Blog - MSN Money
While American International Group (AIG) isn’t the only company eager to send executives to swanky retreats at lavish resorts, other firms have taken note of the decidedly negative press generated by the move.
As a result, they're scaling back expenditures, canceling conferences, and generally demanding their employees adopt a lower profile in the T&E (travel and entertainment) department.
Goldman Sachs (GS) recently announced its business travelers would no longer be put up at the Ritz Carlton. BB&T (BBT), a recipient of $3.1 billion in bailout money, also shunned the Ritz, canceling a March event for top sales people.
This trend bodes ill for states like Florida, a popular vacation destination for firms looking to reward star employees. According to the Wall Street Journal, in the last quarter of 2008, Florida tourism dropped more than it has at any point since the period following September 11. Hotels are receiving cancellation requests from companies wary of showering employees with expensive trips as others lay them off in droves.
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Posted
May 27 2008, 02:43 PM
by
Robert Walberg
Rating:
Money Blog: Top Stocks Blog - MSN Money
I scratched my head and said "hmm" when I watched how retail stocks behaved in the wake of the brutal consumer confidence report, which revealed that confidence collapsed to its lowest level in nearly 16 years.
Typically, a bad confidence reading translates into increased investor anxiety regarding the outlook for retailers, resulting in a sell-off. Not true on Tuesday, as the sector rallied.
Helping to lead the charge was luxury retailer Coach. Over the past few years, Coach has gone from a niche retailer of higher-end handbags and wallets to a major player
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