Tuesday, July 27, 2010

Markets drift after dreary consumer confidence report

Stocks did very little in quiet trading. Dow went up 12 (good enough to extend its winning streak to 4 days), decliners over advancers 4-3 & NAZ fell 8. The consumer confidence report was a drag, but not in a significant way. Banks stocks led the sideways trading.


S&P 500 FINANCIALS INDEX

Value199.19One-Year Chart for S&P 500 FINANCIALS INDEX (S5FINL:IND)
Change0.21 (0.1%)




The Alerian MLP Index pulled back 6½ to the 327s, a very big drop by its standard & closing at its low. After its record run in the last 2 months, unit holders won't complain. The REIT Index fell a ½ to the 207s, pretty much sideways kind of trading. Junk bond funds continued flat to higher while the VIX was up a fraction to the 23s. The yield on the 10-year Treasury bond rose over 5 basis points to 3.05% & the € reached $1.30 (up more than 10¢ from its recent lows).


Alerian MLP Index -- 3 months




Dow Jones REIT Index -- 3 months




VIX -- 3 months




10-Year Treasury Yld Index -- 3 months





Oil prices dropped on disappointing reports about consumer confidence & manufacturing. But oil remains in the upper end of its sideways trading in the 70s. Gold had a bad day as Asian & other foreign buyers have been holding back lately.

CLU10.NYM..Crude Oil Sep 10..77.60 ..Down 1.38
......(1.8%)

GCN10.CMX..Gold Jul 10..1,158.00 ..Down 25.00
......(2.1%)


**Gold Super Cycle**
Click Here



DuPont (DD), a Dow stock, the 3rd-largest US chemical maker producing basic products used throughout the economies in the world, reported Q2 profits nearly tripled & offered a positive read on global economic health. It now expects 2010 EPS of $2.90-$3.05, excluding one-time items, up from a previous forecast of $2.50-$2.70 per share. Analysts had expected 2010 earnings of $2.64. But CEO Ellen Kullman said she expects the economic recovery to be "more moderate" in H2. "We continue to hit our productivity and cost-control targets, and remain highly disciplined in creating operating leverage to further grow the company," Kullman said. Sales in emerging markets jumped 33%, with Asia alone up 47%. US & Europe saw sales increase 18% & 24%, respectively. The agricultural & nutrition unit, which sells hybrid seeds under the Pioneer brand & is by far the company's breadwinner, saw sales jump 16% to $3B. DD expects seed sales to be "moderately higher" in H2, but said seasonal losses would likely increase. Since DD produces products which are included in final products manufactured by others, it represents a barometer of business activity in the US & around the world. The stock liked the news, up 1.39 to 40.38 (& still yields 4%).

DuPont boosts 2010 forecast
Reuters


DuPont --- 2 years






Stocks continue to lumber along. The retreat by the MLP index was the most exciting event of the day. Its recent run can only be described as stellar, helped by the new MLP funds coming to market. The next week or so will see ex-distributions included which will be a drag, but all that much. Cumulative annual distributions for the index (based on its yield) are 21.60. A qtr is 5.40 which will be factored into the index over a couple of weeks, not all that painful. The MLPL is getting more attention. This is the new doubler fund from UBS, designed to double price swings (UP & DOWN) & double the index yield to around 12% (after fees). Those interested should STUDY & UNDERSTAND the risks before investing. Those risks generally put the interests of the fund manager over investors. Ordinary tracking funds (like AMJ), not including the doubling feature, should do a good job of tracking.


Dow Jones Industrials -- 3 months








Get Trend Analysis!!
Click Here







Find out what's inside Trend TV!!
Click Here

3 comments:

Anonymous said...

Received $2.5Millions from Padhyip.com
PadHyip.com is a short-term global investments offerring company, just launched in March 2010. We offer two types of plans for you to choose: 3000%-9000% of your deposit after 24 hours or 2000%-6000% of your deposit after 12 hours ! Payouts are sent 7 days a week, even on weekends! You don't need to go to banks or financial institutions to purchase the plans, cause we enable you to purchase it via Liberty Reserve payment system, online and instantly!
The daily profit is solid, and paid to your Liberty Reserve accounts directly 7 days a week, even on weekends! All the payments due will be calculated and transfered to the LR account you deposit from, no withdrawal request required! And usually the payouts reach to your accounts within 24 hours, after your deposits are successfully made!
Together with us, you will find that earning money has never been so easy, because you need to do nothing but invest to our plans, and we do everything remained. Just try us! Check our offers and join!
I deposited $50,000 in padhyip.com and got paid $2.5millions after 12 hours.
That is great hyip . what can I say? see my proof
Payment Proof
Date: 2010-07-27 21:55:40
From/To Account : U5354564 (PadHyip)
Amount : 2,500,000.00
Currency : LRUSD
Batch: 419718xx
Memo : Padhyip.com

More Details
http://www.padhyip.com/?U4236408
http://www.padhyip.com/?U4236408

You can check the site paying or not
http://www.payinghyiponline.com
http://www.libertyreserveforex.net
http://www.makecurrencyonline.com
http://www.yahoomsngroup.com
http://www.libertyreserveinvestmenthyip.com
http://www.hyipfunding.com
http://www.betyun.biz

If you don't get paid from Padhyip.com,please mailto: Keenanused@gmail.com
I will return 200% of your deposit.You have no risk! Because I trusted them
So I can guaranteed. Never loss and No risk.

Anonymous said...

I Received another $2.8 Millions and $1500 Dollar From mesirowfinance.com
Mesirow Finance, Inc is a global investment management company, Developed for creation of a reliable investment program. One of such branches is the trade on global currency they business to analyze the incomes of the contributions and free of risk. We have consistently seen profits from the safest and most secure investments available with good profit. Mesirow Finance, Inc was established to provide a convenient and safe solution for investors wanting regular income from their investments.
Standard Plan 700% For 10 days .
Gold Plan 7000% after 5 days.
Principal Already Return in Profit.
3% Referral Commission System
Start From $500 and Maximum $500,000 Per Day.
Automatic Investment and Withdraw
We give you interest 7000% after 5 days includes your initial deposit for every deposit made.

You can check the payment proof on
http://www.libertyreserveinvestmenthyip.com/lr03.jpg

Deposit in mesirowfinance.com
http://www.mesirowfinance.com/?lrinvest
http://www.mesirowfinance.com/?lrinvest

It is a great and paying hyip
More Hyips
http://www.libertyreserveinvestmenthyip.com

Anonymous said...

I deposit $80,000 and Received $800,000 in one hour
We belong to The Gleen-Management Company. Our company established in January 2007. Now we have been on the online market.As you

sometimes know about trading currencies might be a difficult to earn from those markets. So we thought our offer shall help you to

easy going on the currency online-investment markets.
Don't be panic to invest with us because of we are professional investors who had many experiences in currencies markets. We

believe in a good management of our team and to bring you're going to your goals!
Investment offers: 3 products Investment Products Amounts(USD) Terms Profits
Junior 250 - 5,000 800% after 12 hours 800%
Senior 5,001 - 50,000 900% After 6 hours 900%
Retirement 50,001 - 250,000 1000% after 1 hour 1000%
Why many people would be one of our company?
1. We are professional investors.
2. 100% of funds get risky free.
3. Don't need to register. That can be safe from hacker.
4. Stable income.
5. Many Experiences in currency markets
I deposit $80,000 and Received $800,000 in one hour
Date : 2010-28-07 15:41:53
Batch : 420106XX
U3657601 (gleenmanagement)
Amount: $800,000.00
Memo: Gleenmanagement.com

If you deposit with my link,I guaranteed your money are 100% safe.

my referral link
http://www.gleenmanagement.com/?U7963982
http://www.gleenmanagement.com/?U7963982

You can find the site listed on
http://www.libertyreserveinvestmenthyip.com
http://www.yahoomsngroup.com
http://www.payinghyiponline.com
http://www.makecurrencyonline.com
http://www.hyipfunding.com
http://www.libertyreserveforex.net

100% guaranteed paying No risk No lost.
If you deposit with My Referral link,I will return 20% of your deposit.
If you don't get paid from Gleenmanagement.com,please mailto: DElmoredbou@gmail.com
I will return 200% of your deposit.You have no risk! Because I trusted them , I made more than $7 millions profit in them.
So I can guaranteed. Never loss and No risk.