stock talk for september 10

11
ok The Red Roadmaster’s US Market Recap + Stock Talk ™ September 10, 2009 Date Line: USA Wall Street Close Up for 4th session running Re-cap of the US Stock Market Action on September 9, 2009 US stocks closed higher for a 4th day running on Wednesday, driving the S&P 500 to its best finish on the year. The advance on the NAS was limited by Apple Inc. as if fell 1% to US$171.14/shr. The DJIA was up 49.88 pts, or 0.53%, to close at 9,547.22, the S&P 500 was up 7.98 pts, or 0.78%, at 1,033.37 on the day, the NAS was up 22.62 pts, or 1.11%, to end the session at 2,060.39, and the The Russell 2000 rose 10.02, or 1.7%, closing at 586.40. US Crude Oil settled at US$71.31bbl and Gold trade tapped near US$1,000 oz. .The Federal Reserve's Beige Book survey showed half of Federal Reserve districts saw evidence the US economy had improved by the end of August, as labor markets remained weak and retail sales flat overall. Volume and Breadth: Advancers outpaced decliners by about 5-to-2 on the NYSE, the volume came to 1.2M/shrs. compared with 1.3B/shrs on Tuesday. Bond prices mostly rose. The yield on the benchmark 10 yr T-Note was flat at 3.48%t from late Tuesday. Overseas, Japan's Nikkei stock average fell 0.8%, Britain's FTSE 100 rose 1.2%, Germany's DAX rose 1.7%, and France's CAC-40 advanced 1.3%. Stock to Watch Today Caterpillar, Inc. (CAT), eBay (EBAY), General Electric Company (GE), and 3M Company (MMM)

Upload: brady-middleditch

Post on 22-Mar-2016

216 views

Category:

Documents


0 download

DESCRIPTION

CAT, EBAY, GE, MMM

TRANSCRIPT

Page 1: Stock Talk for September 10

 

 

ok                  The  Red  Roadmaster’s  US  Market  Re-­‐cap  +  Stock  Talk  ™                          

                                                       

September 10, 2009 Date Line: USA                                                                Wall Street Close Up for 4th session running   Re-cap of the US Stock Market Action on September 9, 2009 US stocks closed higher for a 4th day running on Wednesday, driving the S&P 500 to its best finish on the year. The advance on the NAS was limited by Apple Inc. as if fell 1% to US$171.14/shr.

The DJIA was up 49.88 pts, or 0.53%, to close at 9,547.22, the S&P 500 was up 7.98 pts, or 0.78%, at 1,033.37 on the day, the NAS was up 22.62 pts, or 1.11%, to end the session at 2,060.39, and the The Russell 2000 rose 10.02, or 1.7%, closing at 586.40.

US Crude Oil settled at US$71.31bbl and Gold trade tapped near US$1,000 oz.

.The Federal Reserve's Beige Book survey showed half of Federal Reserve districts saw evidence the US economy had improved by the end of August, as labor markets remained weak and retail sales flat overall.

Volume and Breadth: Advancers outpaced decliners by about 5-to-2 on the NYSE, the volume came to 1.2M/shrs. compared with 1.3B/shrs on Tuesday.

Bond prices mostly rose. The yield on the benchmark 10 yr T-Note was flat at 3.48%t from late Tuesday.

Overseas, Japan's Nikkei stock average fell 0.8%, Britain's FTSE 100 rose 1.2%, Germany's DAX rose 1.7%, and France's CAC-40 advanced 1.3%.

Stock to Watch Today

  Caterpillar, Inc. (CAT), eBay (EBAY), General Electric Company (GE), and 3M Company (MMM)

Page 2: Stock Talk for September 10

 

 

Caterpillar,  Inc.  (CAT)  Up-­‐date  14  

September  10,  2009                                        

 Paul  A.  Ebeling,  Jr.  Analyst  

Let’s  have  a  look  at  Caterpillar,  Inc.  (CAT),  the  World's  #1  maker  of  earthmoving  machinery  and  a  

leading  supplier  of  agri.  equipment,  from  a  Technical  POV.  The  overall  indications  after  Wednesday’s  (September  9,  2009)  market  action  is  Bullish:  in  the  near  term  Neutral,  mid-­‐term  Very  Bullish  and  long  term  Very  Bullish.  The  recent  candlestick  analysis  is  Very  Bearish.      

 

**Chart  by:  http://www.stockta.com    

Latest News: Navistar and Caterpillar Announce Global Truck Joint Venture NC2

http://finance.yahoo.com/news/Navistar-­‐and-­‐Caterpillar-­‐bw-­‐2975718942.html?x=0&.v=1  

Page 3: Stock Talk for September 10

 

 

Wednesday’s  Market  Action      Close      48.14      +  1.44                                    Volume  12,362,000/shrs  

There  is  a  DOJI  on  September  8  and  five  Gaps  open  up    between  July  15  and  September  8,  2009  at  31.96/46.36,  the  near  term  resistance  is  52.90,  support  at  47.96,  and  the  50  day  (EMA)  exponential  moving  average  is  42.93.  

This  is  Caterpillar,  Inc:  Caterpillar  is  the  world's  #1  maker  of  earthmoving  machinery  and  a  leading  supplier  of  agricultural  equipment.  It  makes  construction,  mining,  and  logging  machinery;  diesel  and  

natural  gas  engines;  industrial  gas  turbines;  and  electrical  power-­‐generation  systems.  Caterpillar  has  plants  worldwide  and  sells  its  equipment  globally  via  a  network  of  3,600  locations  in  180  countries,  offering  rental  services  through  more  than  1,600  outlets  worldwide,  and  it  provides  financing  and  

insurance  for  its  dealers  and  customers.  Cat  Power  Ventures  invests  in  power  projects  that  use  Caterpillar  power  generation  equipment,  and  Caterpillar  Logistics  Services  offers  supply  chain  services  

Industries  Where  Caterpillar  Competes    

Construction, Mining & Other Heavy Equipment Manufacturing Agricultural Machinery Manufacturing Financial Services Insurance Transportation Services  

Caterpillar,  Inc.  (HQ)  

Chairman  and  CEO  James  W.  (Jim)  Owens  

100 NE Adams St. Peoria, IL 61629 United States Phone: 309-675-1000 Fax: 309-675-1182 http://www.cat.com

Caterpillar  Subsidiaries    

Caterpillar Logistics Services, Inc. Mitsubishi Caterpillar Forklift America Inc. Progress Rail Services Corporation

 

 

 

Page 4: Stock Talk for September 10

 

 

eBay,  Inc.    (EBAY)  Up-­‐date  4  

September  10,  2009                                        

 Paul  A.  Ebeling,  Jr.  Analyst  

Today let’s look at eBay (EBAY), the premier online (AKA World’s Biggest) marketer/seller, from a technical POV. The overall indications, after Wednesday’s (September 9, 2009) market action, are Bulllish: in the near term Neutral, mid-term Very Bullish, and long term Very Bullish. The recent Candle Stick Analysis is: Neutral.

**Chart by: http://www.stockta.com

Latest News: EBay, McDonald's, Capital 1, Apple big movers

http://finance.yahoo.com/news/EBay-­‐McDonalds-­‐Capital-­‐1-­‐apf-­‐713107048.html?x=0&.v=2

Page 5: Stock Talk for September 10

 

 

Wednesday’s Market Action Close 22.68 + .85 Volume 22,395,400/shrs

There are three Gaps open up on Apr 23 and Sept 9, 2009 at 15.10/22.15; the near term resistance is at 24.47, support at 22.13, and the 50 day exponential moving average is 20.65.

This is eBay, Inc. (EBAY): In the lexicon of the modern consuming idiom the term “I got it on eBay" has become fully establish and is making eBay online auctioneer the world leader. eBay is a cyber-forum for selling more than 50,000 categories of merchandise, from junk to fine antiques, and hosting about 500,000 online stores worldwide. eBay, which generates revenue through listing/ selling fees and advertising, has more than 27%MM registered users. In 2007, eBay acquired one of the fastest growing online ticket sellers, StubHub, for US$307MM. eBay, Inc. ranks #326 in FORTUNE 500 and #213 in FT Global 500

The Competitive Landscape eBay competitors are primarily in the Auctions industry. eBay also competes in the Messaging, Conferencing & Communications Software, Transaction, Credit & Collections, and Fixed-line Voice Services Providers sectors.

eBay’s competition includes

Amazon.com Google Yahoo!

eBay, Inc. (HQ)

Chairman Pierre M. Omidyar SVP & CFO Robert H. (Bob) Swan

2145 Hamilton Ave. San Jose, CA 95125 United States Phone: 408-376-7400 Fax: 408-376-7401                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

http://www.ebay.com

 

 

 

 

Page 6: Stock Talk for September 10

 

 

General  Electric  Company  (GE)  Up-­‐date  41  

September  10,  2009                                        

 Paul  A.  Ebeling,  Jr.  Analyst  

Today  let’s  look  at  General  Electric  Company  (GE),  a  company  whose  innovative  leadership  has  played  a  

major  part  in  shaping  the  modern  world  and  how  we  live  and  enjoy  it,  from  a  Technical  POV.  The  overall  analysis  after  Wednesday’s  (September  9,  2009)  market  action  is  Bullish:  in  the  near  term  Neutral,  mid-­‐term  Very  Bullish  ,  and  long  term  Very  Bullish.    The  recent  Candle  Stick  analysis  is:  Very  Bearish  

 

**Chart  by:  http://www.stockta.com    

Latest News: Nuclear Poised for Comeback: GE, Hitachi Win Design Approval for Passive Reactor

Page 7: Stock Talk for September 10

 

 

http://seekingalpha.com/article/160795-nuclear-poised-for-comeback-ge-hitachi-win-design-approval-for-passive-reactor?source=yahoo

Wednesday’s  Market  Action      Close      14.87            +  .37          Volume  154,023,300/shrs  

There is a Bearish Doji Star on September 8 and four Gaps open up between April 2 and Sept 8, 2009 at 10.26/14.26, the near term resistance is NIL, support at 14.70 and the 50 day (EMA) exponential moving average is 13.37. This is the General Electric Company (GE): GE manufactures everything from turbines to TVs, from household appliances to power plants, General Electric has innovated businesses that have shaped the modern world and how we live and enjoy it. The company produces; aircraft engines, locomotives and other transportation equipment, kitchen and laundry appliances, lighting, electric distribution and control equipment, generators and turbines, and medical imaging equipment. GE is also one of the preeminent financial services companies in the US. Its General Electric Capital unit comprises commercial finance, consumer finance, aircraft leasing, and energy financial services, is its largest segment. Plus they own and operate the NBC television network.

Industries  Where  GE  Competes  

Commercial Lending (primary) Aerospace & Defense Automotive & Transport Consumer Products Manufacturers

GE Subsidiaries and Affiliates CFM International, S.A. Société Factofrance Fanuc GE CNC Europe S.A.  

General Electric (HQ) Chairman and CEO Jeffrey R. (Jeff) Immelt 3135 Easton Tpke. Fairfield, CT 06828-0001 United States Phone: 203-373-2211 Fax: 203-373-3131

http://www.ge.com

 

 

Page 8: Stock Talk for September 10

 

 

3M  Company  (MMM)  Up-­‐date  6  

September  10,  2009                                        

 Paul  A.  Ebeling,  Jr.  Analyst  

Today  let’s  look  at  the  3M  Company  (MMM),  the  leader  in  tape  and  adhesive  manufacturing,  from  a  

Technical  POV.  The  overall  indications,  after  Wednesday’s  (September  9,  2009)  market  action  is  Very  Bullish:  in  the  near  term  Bullish,  mid-­‐term  ,  Very  Bullish  and  long  term  Very  Bullish.    The  recent  Candle  Stick  Analysis  is:  Very  Bullish.  

 

**Chart  by:  http://www.stockta.com    

Latest News: How 3M Encourages Collaboration http://www.businessweek.com/innovate/content/sep2009/id2009092_680626.htm?campaign_id=yhoo

Page 9: Stock Talk for September 10

 

 

Wednesday’s  Market  Action        Close        73.18      +  1.49                  Volume  4,771,100/shrs  

There is a Bullish Engulfing Candle on September 9, and one Gaps open up on July 23, 2009 at 64.89/66.35, the near term resistance is 76.97, support at 72.82, and the 50 day (EMA) exponential moving average is 68.50.  

This  is  the  3M  Company  (MMM):  3M  makes  everything  from  masking  tape  to  asthma  inhalers.  The  company  has  six  operating  segments:  display/graphics,  specialty  film,  traffic  control  materials;  health  care  (dental  and  medical  supplies,  and  health  IT);  safety,  security,  and  protection  (commercial  care,  

occupational  health  and  safety  products);  electro  and  communications  (connecting,  splicing,  and  insulating  products);  industrial  and  transportation  (specialty  materials,  tapes,  and  adhesives);  and  consumer  and  office.  Well-­‐known  brands  include  Scotchgard  fabric  protectors,  Post-­‐it  Notes,  Scotch-­‐

Brite  scouring  products,  and  Scotch  tapes.  Sales  outside  the  US  account  for  about  two-­‐thirds  of  3M's  sales.  

 Top 3M Competitors Avery Dennison Avery Dennison Johnson & Johnson The 3M Company (HQ) Chairman, President, and CEO George W. Buckley 3M Center St. Paul, MN 55144 United States Phone: 651-733-1110 Fax: 651-733-9973 Toll Free: 800-364-3577 http://www.mmm.com 3M Subsidiaries 3M Digital Signage 3M Health Care 3M Health Care Ltd. (UK) Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT OR WEBSITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.

The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual

Page 10: Stock Talk for September 10

 

 

circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.

This website is a service of BlueWave Advisors, LLC, a financial public relations firm that has been compensated by the companies profiled. All direct and third party compensation received has been disclosed within each individual profile in accordance with section 17(b) of the Securities Act of 1933. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. BlueWave Advisors, LLC, and/or its affiliated will hold, buy, and sell securities in the companies profiled. When compensated in shares, all readers should be aware that is our policy to liquidate all shares immediately. We reserve the right to buy or sell the shares of any the companies mentioned in any materials we produce at any time. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies.

Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.

To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).

We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org.

Page 11: Stock Talk for September 10