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swingtrader930 (< 20)



Pattern Alert for Exxon Mobil

August 13, 2009 – Comments (1) | RELATED TICKERS: XOM

Exxon Mobil has made a very well formed triangle.   It is very near the apex indicating a strong move is immanent.  Odds are it will be to the down side and continue the underlying long-term trend.  After just having a poor earnings report on July 30 and missing analysts’ expectations by $0.18 the market could be showing a late reaction to the news.  Earnings came in at $0.84 on a $1.02 forecast.  Revenues were off 46% year over year.  Earnings are 67% below October ’08 high’s and have fallen dramatically over the last 3 quarters.   article continued  [more]



SDTH Blows Away the Numbers

August 10, 2009 – Comments (6) | RELATED TICKERS: SDTHQ.DL

Shangdatech (SDTH) blew away the numbers after the bell today.   They handily beat First Call estimates of $0.07 and came in at $0.12.   I think this is enough to fuel the stock up to about $7.20 in my estimation.  But with the run up in after hours it might get there tomorrow.  Unless someone sees something I dont its hard to hold this possition past this target.   At least until next quarter should they announce another blow out.




August 10, 2009 – Comments (0)

Employment continued to decline in July (-247,000), and the unemployment rate was little changed at 9.4 percent.  The unemployment rate declined a fraction from June when it was 9.5 percent.  The average monthly job loss for May through July (-331,000) was about half the average decline for November through April (-645,000). In July, job losses continued in many of the major industry sectors.   [more]



OSK . . . For a Short Play

August 05, 2009 – Comments (4) | RELATED TICKERS: OSK

OSK, a manufacturer of heavy-duty specialty vehicles, made an announcement back on July 1st stating they had made a deal with the US government worth $1.06 billion. Oshkosh will build 2,244 all terrain vehicles for use by the Army and Marine Corps. The contract ultimately could be worth nearly $3 billion for more than 5,000 vehicles. Since then the stock has shot up like a missile. The launch started at $11 and has reached $32 in about a month. Now that the news is out and the stock has tripled, there is still the matter of OSK operating at a $0.32 loss for the most recent quarter. In addition to that there have been several down grades this week. see the full story  [more]



Trending Tip #4 . . . Figuring Out When a Company Has Too Much Debt !!

August 03, 2009 – Comments (0) | RELATED TICKERS: KO

Having some amount of debt can be desirable during strong economic times.  It’s a sign that a company’s management feels strong about their future prospects.  Conversely, a company with too much cash indicates management may not know what to do with the money.  But when does a company have too much debt?   [more]

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