LANGE FINANCIAL SERVICES. MARKET UPDATE SUNDAY APRIL 24, 2011. 7:00PM This week, 186 companies in the S&P Index of 500 companies will report their quarterly earnings. This will mark the end of this very profitable earnings period. Last year, the market peaked on April26th, followed by a three-month Consolidation/Correction period into July/August 2010. From that time, we have issued repeated…
We are adding RIMM to our favored stock list with an initial target of $80.00 per share. This is also the target price that Smith Barney has for the company’s shares as well. With the earnings currently achieved and estimated, the shares would trade at only 10 times earnings at $80.00 per share. The article below from Barrons this weekend…
These two items below are in line with what we are thinking and have been posting on this site since the last half of 2010, with input from Fred and Rob Lange of Lange Financial Services. LFS went to $100.00 on S&P 500 earnings for 2011 in mid 4th quarter of 2010, and now others, as seen below, are raising…
Just a brief update this evening before trading begins tomorrow. Spoke to the guys at Lange Financial Services tonight and thought I would post some of the thoughts here for all to read. The shares of Coal stocks have recently been in a sharp correction phase, more so than the overall markets. We remain bullish on Coal and Coal related…
Apple (AAPL) F1Q11 Earnings Call January 18, 2011 5:00 pm ET Operator Good day, everyone, and welcome to this Apple Incorporated First Quarter Fiscal Year 2011 Earnings Release Conference Call [Operator Instructions] At this time for opening remarks and introductions, I would like to turn the call over to Nancy Paxton, Senior Director of Investor Relations. Please go ahead, ma’am.…
Trading action should pick up next week as trading desks will be full for the first week of the year. On the economic front, watch for the ISM Index, FOMC Minutes, ISM Services, and Non-farm payrolls. Earnings season won’t pick up until the following week but look for reports from Mosaic (MOS) and Monsanto (MON). Monday, January 3 US Economics…
Monday there will be dual POMO days as the Fed will pump of $18 bln into the market. On the earnings front watch for reports from Jefferies (JEF), Adobe (ADBE), Nike (NKE), Walgreen (WAG) and Carmax (KMX). Monday, December 20 US Economics No Economic Releases Global Economic Data Bank of Japan Monetary Policy Meetings German Producer Prices Euro-Zone Consumer Confidence…
Yesterday, I posted that Citigroup raised their earnings target for the S&P 500 to 94.50 in 2011, which we believe can translate to a gain in the S&P to at least 1500, or 25%. Today, you will see below that afterwards, Goldman Sachs raised their estimate to 94.00 for 2011, and 104.00 for 2012, above the 102.00 estimated by CITI…
Written by Wall And Broad Report Wednesday, 01 December 2010 14:58 Below you will see a report issued yesterday by Citigroup Global Markets. The goal here is to discuss the KEY POINT to help investors know what we are thinking in interpretating the report and possibly use it to their investing advantage. CITI has increased their outlook on the earnings…
Below you will see a report issued yesterday by Citigroup Global Markets. The goal here is to discuss the KEY POINT to help investors know what we are thinking in interpretating the report and possibly use it to their investing advantage. CITI has increased their outlook on the earnings of the S&P 500 companies for 2011 by just about 11%.…
Monday, July 26 US Economics 10:00 New Home Sales 338k cons. Global Economic Data No Releases Earnings Before: ACV, BOH, BWP, CRNT, ROP, SVVS, SOHU After: AAN, ALB, ACL, ACGL, CF, CR, CTS, HMA, JEC, LF, LM, LOCM, MSPD, PEET, RRC, SONO, UHS, VECO, VLTR, ZRAN Auction 11:30 3-Month Bill 11:30 6-Month Bill Tuesday, July 27 US Economics 09:00 Case-Shiller…
The market was in trouble today as a result of the action of Google after the interpretation of their results last night and the Economic data. This hurt the financials too as a result. In addition, Apple, I believe, weighed on the market most of the day as all were uncertain what the company would do regarding the iPhone issues,…
Monday, July 12 US Economics No Releases Global Economic Data 08:30 Great Britian GDP Earnings Before: APP, SHAW After: AA, CSX, NVLS Auctions 1:00 3-yr Treasury Notes Tuesday, July 13 US Economics 08:30 Trade Balance -$40.3bn cons. 2:00 Treasury Budget -$72.0bn cons. Global Economic Data 05:00 Japan Consumer Confidence 08:30 Great Britian CPI 08:30 Great Britian Core CPI Earnings Before:…