INCC
355%
ELRA
460%
XUII
272%

9/23 After-hours buzz: Bed Bath & Beyond, Viacom, Starbucks & more

Administrator - Tuesday, 23 September 2014 07:22

Biggest OTC % Gainers/OTC % Losers /Top OTC Volume Movers 9/23 close:
http://huntforthenext10bagger.com/biggest-otc-movers

Nasdaq Scans 9/23:
http://huntforthenext10bagger.com/nasdaq-scans

Active Options 9/23:
http://huntforthenext10bagger.com/active-options

After-hours buzz: Bed Bath & Beyond, Viacom, Starbucks & more
http://www.cnbc.com/id/102026564

Steelcase – The office furniture provider reported second-quarter adjusted earnings of 27 cents per share on $787 million in revenue, up about 4 percent from a year ago as U.S. sales rebounded. Share were little changed after the announcement.

Bed Bath & Beyond – Shares rallied as much as 8 percent after the home products retailer posted second-quarter results that beat projections, helped by a more than 3 percent increase in comparable-store sales.

GrafTech – The electronics producer dropped as much as 18 percent in light volume after it revised its full-year revenue expectations and announced plans to reduce its corporate staff by about 25 percent to cut costs.

Celgene – The drugmaker said the U.S. Food and Drug Administration approved the expanded use of its Otezla drug for treating patients with moderate to severe plaque psoriasis. Shares moved higher after the announcement.

Viacom – Shares fell in extended trading after touching their lowest level in more than a year during the regular session on news that Nomura had slashed its estimate for the entertainment provider. Shares slid nearly 2 percent after the bell.

Starbucks – The coffee-retailer said it plans to buy the remaining 60.5 percent of Starbucks Japan that it does not already own. The company said the move is will help it to accelerate growth in Japan, its second-largest market. Shares were flat after the announcement.

Carmax – The used car dealer’s shares were flat after the bell, having ended the regular trading session nearly 10 percent lower on disappointing earnings results.

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Apple, GoPro rise, but broader techs add to losses
SAN FRANCISCO (MarketWatch) — Apple Inc. and GoPro Inc. were among the notable tech stocks to rise Tuesday, but the overall tech sector still found little in the way of upward momentum and added to the prior-day’s big losses by the time the market closed. http://www.marketwatch.com/story/apple-and-netflix-among-gainers-as-tech-stocks-rise-2014-09-23

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ScreenHunter_13 Sep. 23 16.42

U.S. stocks fall for third straight session
10-year Treasury note yield falls; gold rises
NEW YORK (MarketWatch) — U.S. stocks declined for the third straight session on Tuesday as fears over global growth and escalating war in the Middle East sent investors scrambling for havens like U.S. Treasurys.

Equities in Europe were particularly hard hit, while the 10-year Treasury note yield fell 3 basis points to 2.53%.

Sentiment was hit by weak European data, which overshadowed better-than-expected Chinese manufacturing numbers. U.S. airstrikes in Syria on Monday evening against extremist fighters, known as the Islamic State, reminded traders of heightened geopolitical risks.

The S&P 500 SPX, -0.58% closed 11.52 points, or 0.6%, lower at 1,982.77. The Dow Jones Industrial Average DJIA, -0.68% shed 116.68 points, or 0.7%, to 17,056.00. The Nasdaq Composite COMP, -0.42% dropped 19 points, or 0.4%, to 4,508.69.

Chris Gaffney, senior market strategist at EverBank Wealth Management, said mild weakness in stocks is not surprising after weak data from overseas, but remains optimistic in the longer term

“The environment for stocks remains favorable, as the Fed continues to stay accommodative. Earnings continue to increase and there is lack of alternatives. We expect stocks to finish the year higher,” said Gaffney.

“However, we believe the era of rising tides when all stocks were lifted is over and stock selection is more important,” he added. http://www.marketwatch.com/story/us-stocks-futures-dip-on-mixed-bag-of-global-data-2014-09-23

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ScreenHunter_05 Sep. 23 11.24

Gold moves higher on soft dollar, equities
Gold rose on Tuesday as the dollar eased after comments from a New York Federal Reserve’s official that any increase in interest rates should be done cautiously, while U.S. air strikes added to global tension and hence safe-asset demand.
New York Fed bank president William Dudley played down the importance of the various interest rate projections of Fed members released last week, which some in the market had taken as a signal of a hawkish turn.
Any increase in interest rates would hurt investment in non-interest-bearing assets such as bullion. http://www.cnbc.com/id/102023101

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10:48am Gold needs to break that 1232 level

10:45am   .0018 taking a starter -14%

10:31am  .0017 -19% interest me. Looking for entry. DD later

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ScreenHunter_03 Sep. 23 09.58

Geopolitical fears sink U.S. stocks
NEW YORK (MarketWatch) — U.S. stock investors remained skittish on Tuesday, sending the main benchmarks lower as investors sought havens such as gold and Treasurys.

Perhaps the biggest drag on the market mood was weak European data, which overshadowed better-than-expected Chinese manufacturing numbers. U.S. airstrikes in Syria on Monday evening against extremist fighters, known as the Islamic State, reminded traders of heightened geopolitical risks.

The S&P 500 SPX, -0.04%  was 5 points, or 0.3%, lower at 1,989.19. The Dow Jones Industrial Average DJIA, -0.12%  shed 42 points, or 0.2%, to 17,131.45. The Nasdaq Composite COMP, +0.10%  dropped 10 points, or 0.2%, to 4,517.42.

Chris Gaffney, senior market strategist at EverBank Wealth Management, said mild weakness in stocks is not surprising after weak data from overseas, but remains optimistic in the longer term.

“The environment for stocks remains favorable, as the Fed continues to stay accommodative. Earnings continue to increase and there is lack of alternatives. We expect stocks to finish the year higher,” said Gaffney.

“However, we believe the era of rising tides when all stocks were lifted is over and stock selection is more important,” he added.

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Early movers: AAPL, AZN, SHPG, FB, MSFT, DB & more
http://www.cnbc.com/id/102024542


[Most Recent Quotes from www.kitco.com]
Gold gains again as stocks wobble
LOS ANGELES (MarketWatch) — Gold prices gained ground on Tuesday, building on the prior session’s mild advance, while silver continued to struggle near levels not seen in four years. http://www.marketwatch.com/story/gold-gains-again-as-stocks-wobble-2014-09-23?dist=beforebell

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Airstrikes by U.S. and Allies Hit ISIS Targets in Syria
WASHINGTON — The United States and allies launched airstrikes against Sunni militants in Syria early Tuesday, unleashing a torrent of cruise missiles and precision-guided bombs from the air and sea on the militants’ de facto capital of Raqqa and along the porous Iraq border. http://www.nytimes.com/2014/09/23/world/middleeast/us-and-allies-hit-isis-targets-in-syria.html?_r=0

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U.S. stocks: Futures dip on mixed bag of global data
MADRID (MarketWatch) — U.S. stock futures headed lower early Tuesday, as weak European data overshadowed better-than-expected Chinese manufacturing numbers, and as investors remained wary after a down day for Wall Street.

Futures for the Dow Jones Industrial Average DJZ4, -0.23%  fell 35 points, or 0.2% to 17,064, while those for the S&P 500 index SPZ4, -0.23%  dipped 4.3 points, or 0.2%, to 1,982. Futures for the Nasdaq-100 index NDZ4, -0.34%  were weakest, off 14.75 points, or 0.4%, to 4,038.

Monday’s session on Wall Street was particularly grueling for technology and small-cap stocks, as investors got nervous about falling commodity prices and global growth. The Nasdaq Composite COMP, -1.14%  lost 1.1%, while the Russell 2000 RUT, -1.53%  dropped 1.5%, in its worst day since late July.

The Federal Housing Finance Agency will release July home prices at 9 a.m. Eastern Time, and the U.S. Markit ‘flash’ Purchasing Managers Index is due at 9:45 a.m. Eastern. A handful of Federal Reserve officials are due to speak, including Minneapolis Fed President Narayana Kocherlakota, a voting member of the Fed policy committee, who will appear at a town hall forum at Northern Michigan University at 2 p.m. Eastern Time.

Kansas City Fed President Esther George will speak on the economy in Cheyenne, Wyo. at 9:15 p.m. Eastern. She isn’t a voting member of the Fed policy committee. http://www.marketwatch.com/story/us-stocks-futures-dip-on-mixed-bag-of-global-data-2014-09-23?dist=beforebell

9/22 After-hours buzz: Herbalife, Autozone, & more

Administrator - Monday, 22 September 2014 06:32

Biggest OTC % Gainers/OTC % Losers /Top OTC Volume Movers 9/22 close:
http://huntforthenext10bagger.com/biggest-otc-movers

Nasdaq Scans 9/22:
http://huntforthenext10bagger.com/nasdaq-scans

Active Options 9/22:
http://huntforthenext10bagger.com/active-options

After-hours buzz: Herbalife, Autozone, & more
http://www.cnbc.com/id/102022829

Herbalife rose nearly 4 percent in extended-hours trading after Fox Business Network reporter Charles Gasparino said that activist investor Carl Icahn had not sold his stake or his option position, contrary to rumors from Barron’s report that came just before the closing bell.

Auto parts retailer Autozone edged lower in extended-hours trading after the firm reported weaker-than-expected quarterly revenue as a strengthening U.S. economy encouraged new vehicle purchases rather than repair existing ones.

Yahoo continued to fall in extended-hours trading after earlier losing more than 5 percent on downgrades by Bank of America Merrill Lynch and Bernstein. Alibaba declined more than Yahoo in after-hours trading.

Shutterfly gained in after-hours trading on news that private equity firm Silver Lake was in advanced talks to acquire the photo-sharing company.

Dresser-Rand fell slightly in extended-hours trading after Germany’s Siemens agreed to buy the U.S. oilfield equipment maker for $7.6 billion in cash, a relatively high price in an effort to increase its presence in the U.S. shale oil and gas industry.

Apple edged lower in extended-hours trading on rumors that the firm might discontinue Beats music streaming, after gaining during the day on record iPhone sales of more than 10 million units in the first three days of the new models’ launch.

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 ScreenHunter_14 Sep. 22 16.14

China growth concerns weigh on U.S. stocks
NEW YORK (MarketWatch) — U.S. stocks closed sharply lower on Monday, with the S&P 500 falling by its largest margin in nearly seven weeks.
Investors turned skittish as they fretted about falling commodity prices and concerns about global growth.
A decline in economic activity in August, measured by Chicago Federal Reserve as well as a drop in existing-home sales contributed to the dour Wall Street mood.

The S&P 500 SPX, -0.80% closed 16.11 points, or 0.8%, lower at 1,994.29. The Dow Jones Industrial Average DJIA, -0.62% dropped 107.06 points, or 0.6%, to 17,172.68. The Nasdaq Composite COMP, -1.14% fell 52.10 points, or 1.1%, to 4,527.69.

Randy Frederick, managing director for active trading and derivatives at Charles Schwab, said that market volatility is expected to rise in the next several weeks.
“The end of tapering in October will coincide with midterm elections, which is historically a volatile period for stocks. We would caution investors in the near term and hedge against 3%-5% pullback,” Frederick said.

Data released on Monday, shows U.S. economic activity was lackluster in August. Sales of existing homes unexpectedly declined in August, for the first time in five months, the National Association of Realtors reported Monday. NAR attributed the drop to fewer all-cash sales to investors. http://www.marketwatch.com/story/us-stocks-futures-dip-as-china-rattles-traders-again-2014-09-22?link=MW_latest_news

2;50pm $1.00 pretty much held $1.10 taps now nice future play

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[Most Recent Quotes from www.kitco.com]
Dead Cat bounce in Gold? On Dudley: Fed keeping eye on U.S. dollar rally

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ScreenHunter_05 Sep. 22 11.30

Stocks fall on China view; Apple rises on sales
U.S. stocks fell on Monday, retreating from record levels, as China signaled it would not boost stimulus and after home sales unexpectedly declined in August.
“We could be in for a more defensive market for most of the week as we end the quarter,” said Peter Cardillo, chief market economist at Rockwell Global Capital. http://www.cnbc.com/id/102021212

Existing-home sales drop for first time in five months
WASHINGTON (MarketWatch) — Sales of previously owned homes fell in August, the first drop in five months, as investors paying entirely in cash made fewer deals, according to data released Monday. http://www.marketwatch.com/story/existing-home-sales-drop-for-first-time-in-five-months-2014-09-22

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11:13am  bidders coming in uting .16 x .165

11:05am Undervalued Play  .1547 +3% http://huntforthenext10bagger.com/undervalued-play

11:03am  .0072 +105% wow

11:02am  rippin and tearin .0068 hod +94%

10:41am  going for .006 again +68% strong volume of 95 million so far

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Existing-home sales fall 1.8% in August
WASHINGTON (MarketWatch) — Falling for the first time in five months, sales of existing homes declined 1.8% in August to a seasonally adjusted annual rate of 5.05 million, the National Association of Realtors reported Monday. NAR attributed the drop to fewer all-cash sales to investors. Economists polled by MarketWatch had expected the sales rate to increase to 5.2 million in August from an originally reported 5.15 million in July. On Monday NAR tweaked July’s sales rate to 5.14 million. The median sales price of used homes hit $219,800 in August, up 4.8% from the year-earlier period. August’s inventory was 2.31 million existing homes for sale, a 5.5-month supply at the current sales pace. The number of homes available for sale was up 4.5% from the year-earlier period. August’s pace of sales was down 5.3% from a year earlier.

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 Daily Range 0.0038 – 0.0065 so far, lots of trading opportunities 

ScreenHunter_03 Sep. 22 10.05

9:42am  .006 +71% just broke 50 day avg

9:39am  .0056 +60% looking good!

9:34am  coming off bottom .155 +3.3%

9:33am  .005 +42%

9:32am  .0041 +17%

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$ELRA .0035 NEWS OUT! Elray Gaming Concludes a Master License / Reseller Agreement GlobeNewswire “Press Releases”
NEW YORK , Sept. 22, 2014 (GLOBE NEWSWIRE) — Elray Resources Inc. (OTCPK:ELRA) trading as Elray Gaming announced today that it has finalized a Master Software Reseller Agreement with Moorgate Commercial Limited . In terms of this agreement Elray Gaming will be permitted to Resell and Operate the Playtech Ltd. Gaming Software in Asia .
Playtech is the world’s largest online gaming and sports betting software supplier. Founded in 1999 by entrepreneurs from casino, software engineering and multimedia industries, the company has become the strongest player in the market of gaming solutions. Playtech Ltd ( www.Playtech.com) has a market capitalization of over 2 Billion Pounds ( 3.3 Billion USD ) and a Net Income of over 489 Million Pounds ( 815 Million USD ).
In terms of this agreement, Elray Gaming now has the rights to Resell and operate the Playtech Software in defined territories in Asia .
Elray will work closely with Moorgate and Playtech Ltd to build its Asian business and capture a slice of the Global market expected to reach USD 117.9 Billion USD in 2015*
The License Agreement will allow Elray to build on its Junket Operator relationships and existing business and will generate ongoing revenues in Asia the world’s most lucrative Gaming market. http://finance.yahoo.com/news/elray-gaming-concludes-master-license-130000379.html

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Early movers: SIAL, MSFT, BABA, GOOG, GM & more
http://www.cnbc.com/id/102020703


[Most Recent Quotes from www.kitco.com]
Silver hits four-year lows, gold open week in the red
MADRID (MarketWatch) — Silver prices hit four-year lows on Monday, while gold prices showed no interest in bouncing off January lows ahead of another batch of pivotal economic data over the coming days.

At last check, gold for December delivery GCZ4, -0.13%  was down $1.70 at $1,214.90 an ounce. But the bigger move was seen in December silver SIZ4, -0.86% which was off 21 cents, or 1.2%, to $17.64 an ounce. Silver was trading at levels not seen in four years, based on a continuous contract, according to FactSet Research.

Gold closed Friday with another loss, marking three straight weeks of declines. Signs of an improving economy and a strengthening collar continue to dog prices.

Net long positions in gold in New York futures and options dropped for a fifth-straight week, while short sellers have boosted their bets to the highest level since June, according to Bloomberg.

On the economic front, the calendar may not be as compelling as it was last week, but there are still some notable reports out there, starting with existing-home sales on Monday. New-home sales hit midweek, while the third estimate of second quarter GDP wraps things up on Friday.  http://www.marketwatch.com/story/gold-finds-no-bounce-off-nine-month-lows-2014-09-22

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U.S. stocks: Futures dip as China rattles traders again
Existing home sales ahead; Dresser-Rand up on deal
MADRID (MarketWatch) — Stock futures pointed to a weaker open for Wall Street on Monday as China-growth concerns bubbled to the surface again and raised questions as to whether the record run for Wall Street is going to hit a speed bump soon.

Futures for the Dow Jones Industrial Average DJZ4, -0.25% fell 49 points, or 0.3%, to 17,163, while those for the S&P 500 index SPZ4, -0.38% lost 9.1 points, or 0.5%, to 1,994.70. Tech futures were pointing to even bigger opening losses later, with Nasdaq-100 NDZ4, -0.43% futures off 23 points, or 0.6%, to 4,070. Read: Russell 2000 ‘death cross’ looms

The Chicago Fed national activity index for August is due at 8:30 a.m. Eastern Time, while home sales for August are due at 10 a.m. Eastern. A couple of Fed speakers are also on the calendar, with New York Fed President William Dudley due to speak at Bloomberg Markets Most Influential Summit at 10 a.m. Eastern. Dudley is a voting member of the Fed policy committee.

At 7:30 p.m. Eastern, Minneapolis Fed President Narayana Kocherlakota, also a voting member, will give a speech on the objectives of monetary policy to the Economic Club of Marquette County.

Clues about the Fed’s timing intention on hiking rates and news from China are what traders will be looking out for, said Joao Monteiro, analyst at Valutrades. http://www.marketwatch.com/story/us-stocks-futures-dip-as-china-rattles-traders-again-2014-09-22?mod=MW_story_latest_news

9/21 Fed heads may ease Wall Street confusion this week

Administrator - Sunday, 21 September 2014 07:34

Economic Calendar: http://huntforthenext10bagger.com/economic-calendar

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  .0035 lots of eyes on this,  tomorrow should be fun. Our friends @ http://bestdamnpennies.com/ did a nice little write-up http://bestdamnpennies.com/stock-chatter

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Fed heads may ease Wall Street confusion this week
After a Federal Reserve statement and press conference that may have provided more questions than answers, and produced oddly divergent reactions in the stock and bond markets, investors will look to this week’s heavy docket of Fed speakers to provide clarity about the future of monetary policy. But whether they will get the clarity they seek is a different matter. http://www.cnbc.com/id/102014704

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Week ahead: Analysts forecast crosscurrents for markets
With higher rates in mind and the end of the quarter looming, investors may find it time to adjust portfolios as they focus on Fed speakers, economic reports, and the rising U.S. dollar in the week ahead.

Strategists mostly see the market moving higher into the year end, barring any geopolitical surprise. They are also watching to see the continued reaction to the Fed’s slightly more aggressive expectations for interest rate hikes, as it moves closer to ending its quantitative easing, or bond buying, program this fall.

Stocks enter the last full week of September with the Dow and S&P 500 at record highs, and the dollar poised for an 11th week of gains. http://www.cnbc.com/id/102017779

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What you need to know from the Fed’s statement

Here are the most important things you need to know from the Fed’s policy statement, released on Wednesday:

1. The Fed is nearing the end of its asset-purchase program.

2. It’ll still be a “considerable time” before the Fed raises interest rates. The Fed provided no solid clues about exactly when it will begin to raise interest rates, or how fast it will raise rates. Most of the members of the Federal Open Market Committee expect the first rate hike some time in 2015.

3. The Fed expects that short-term interest rates will be back to normal levels of around 3.75% by the end of 2017.

4. When it comes time to raise rates, the Fed will target interest rates primarily by adjusting the rate it pays banks for excess reserves, and will use overnight reverse repurchase agreements sparingly.

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Not too merry: ‘Moderate growth’ seen for this holiday season
There’s likely to be moderate growth though the holiday season, as the economy slows down after a swift rebound in the second quarter, according to data released Friday.

MW-CU472_LEI091_MG_20140919101401

A gauge of 10 indicators that aims to provide a guide for upcoming economic activity eked out a 0.2% gain last month, following 1.1% growth in July, the Conference Board, a New York-based membership and research group, said.

“The leading indicators point to an economy that is continuing to gain traction, but most likely won’t repeat its stellar second-quarter performance in the second half,” said Ken Goldstein, a Conference Board economist.

Real gross domestic product rose at a brisk annual rate of 4.2% in the second quarter, rebounding from a 2.1% contraction at the start of the year. Economists polled by MarketWatch expect annual growth of 3.1% in the third quarter and 3% at the end of 2014.

Earlier this week Federal Reserve officials said interest rates are likely to stay low for a “considerable time,” with Chairwoman Janet Yellen noting during a press conference that the labor market has yet to return to full health.

Among the 10 indicators that make up the Conference Board’s leading-economic gauge, only three made positive contributions in August, led by the interest rate spread. The other two positive contributions came from gauges of new orders and credit. There were four negative contributors, led by building permits and jobless claims. Meanwhile, three indicators were unchanged last month: manufacturing hours, orders for consumer goods and materials, and consumers’ expectations. http://blogs.marketwatch.com/capitolreport/2014/09/19/not-too-merry-moderate-growth-seen-for-this-holiday-season/

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Smooth path for economy remains elusive
Surging growth in some areas offset by softness in others
WASHINGTON (MarketWatch) — After experiencing a series of ups and downs since the end of a recession in mid-2009, the U.S. economy appears poised for a smoother ride in the year ahead.
Or does it?

The signals, as usual, are mixed. Manufacturers are surging amid strong demand for autos and airplanes. And surveys of consumers and businesspeople show they are more confident about the economy than they have been in years.

Yet job creation decelerated in August to the slowest pace of 2014 and home construction sank 14.4% in August, another sign of a sluggish real-estate market.

The topsy-turvy nature of the U.S. economy explains why the Federal Reserve held off last week on changing its timeline on when to raise interest rates for the first time since 2008. Fed Chairman Janet Yellen said there’s still a “good deal of uncertainty” about the direction of the economy.

Whatever the case, a soft housing market is both a cause of economic slack and a sign that all is still not right in the U.S. economy. Far fewer families are buying homes compared to the number of new households created each year.

In August, economists polled by MarketWatch predict existing home sales will edge up to a 5.22 million annual rate from 5.15 million in July. The report will be released Tuesday.

Sales of new homes, issued Thursday, are projected to climb to a 435,000 annual rate from 412,000 in the prior month. That still wouldn’t equal the postrecession peak achieved 14 months ago, however.

Business better but …

The other big report on tap this week takes a look at business spending in August. Orders for durable goods — big-ticket items mean to last at least three years — are expected to drop 14% mainly because of fewer bookings for expensive commercial jets. Orders soared 22.6% in July owing to a huge surge in contracts for Boeing.

A more important number to look at is a core capital goods, a number that strips out spending on transportation and defense and gives a better look at underlying U.S. business investment.

The good news? Business investment, a key driver of the U.S. economy, rose at a healthy 13.2% annual pace from May through June. And a flurry of new reports from manufacturers suggests no letup in sight.

Yet a different survey of CEOs of America’s largest companies indicates that many firms plan to cut back on investment in the waning months of 2014. The Business Roundtable said the percentage of companies that plan to boost investment fell to 39% from 44% in the second quarter.

AT&T Chief Executive Randall Stephenson said one of the reasons companies might pull back is because they are unsure if Congress will extend certain tax breaks that make it less costly to invest. Bills to extend the tax breaks, which have received bipartisan support in the past, are languishing in Washington as lawmakers focus on the fall elections.

Stephenson also said the zig-zag pattern of investment reflects a “slow-growth economy that ebbs and flows, and stops and starts.”

John Canally, chief economic strategist at LPL Financial, said he hears all the time, especially from small businesses, about their reluctance to invest even though many companies are in their best shape in years.

“Businesses still are leery of boosting capital spending in case another downturn is around the corner,” he said. “It’s hard to put a finger on why, but they are concerned generally about the economy.” http://www.marketwatch.com/story/smooth-path-for-economy-remains-elusive-2014-09-21?page=2

The Fed and Wall Street probably won’t get much clarity from the light spate of reports on the economic calendar. Sales of new and previously owned homes are on the docket, but they’ve been choppy for months. So too has been a key report on business spending and investment.

So the wait continues.
Slow home sales

ScreenHunter_08 Sep. 21 13.19

Sluggish home sales has puzzled economists for months. Hiring is rising at the fastest clip since the end of the recession and the unemployment rate has tumbled to a six-year low, suggesting that more people are in a position to buy a home.

Instead, sales of new homes are rising at a surprisingly restrained pace and purchases of existing homes are actually lower compared to one year ago. Higher mortgage rates and tough lending standards have received some blame. And some economists wonder about the effect of high student-loan debt and slow wage growth on the ability of young people to buy a home. http://www.marketwatch.com/story/smooth-path-for-economy-remains-elusive-2014-09-21?link=MW_latest_news

9/19 $ELRA .0035 hod close +288% looks like O/S has more than traded. Next week going be be fun.

Administrator - Friday, 19 September 2014 06:27

Biggest OTC % Gainers/OTC % Losers /Top OTC Volume Movers 9/19 close:
http://huntforthenext10bagger.com/biggest-otc-movers

Nasdaq Scans 9/19:
http://huntforthenext10bagger.com/nasdaq-scans

Active Options 9/19:
http://huntforthenext10bagger.com/active-options

4:00pm   .0035 hod close +288% looks like O/S has more than traded. Next week going be be fun.

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ScreenHunter_30 Sep. 19 16.36

Stocks end week higher; Dow at record
NEW YORK (MarketWatch)—U.S. stocks ended Friday’s volatile session mixed, but the Dow Jones Industrial Average eked out a gain and closed at a record high.
The main benchmarks ended an eventful week with gains, supported by favorable outcomes in two ‘risk events’ this week. The Federal Reserve reiterated its commitment to facilitating the U.S. economic recovery by maintaining its view on the timing of interest-rate hikes, and Scotland voted to remain part of the United Kingdom.

The S&P 500 SPX, -0.05%  closed virtually flat at 2,010.41 and was 1.3% higher over the week. The Dow Jones Industrial Average DJIA, +0.08%  gained 14.07 points, or 0.1%, rising to 17,280.06, notching its 18th record close this year.

The Nasdaq Composite COMP, -0.30%  fell 13.64 points, or 0.3%, to 4,579.79. http://www.marketwatch.com/story/us-stocks-futures-higher-as-fed-rate-view-holds-2014-09-19?link=MW_latest_news

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ScreenHunter_24 Sep. 19 13.51

Gold poised for third weekly drop on strong dollar, equities
Gold fell on Friday, heading for a third straight weekly drop, as the dollar was buoyed by a decline in U.S. jobless claims that reinforced the chance of a faster-than-expected tightening in U.S. monetary policy. Prices had fallen to their lowest since early January at $1,216.01 on Thursday, under pressure from the Federal Reserve’s indication that it could raise borrowing costs more rapidly than expected when it starts moving. http://www.cnbc.com/id/102014710

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1:28pm  .0032 +255% next week should be lots of fun!

1:01pm  hitting new highs lets break that .003 before Monday ok! lol

12:19pm Expect lots of chatter over the weekend on  .0022 +144% looking for .003+ early next week imo

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ScreenHunter_20 Sep. 19 11.17

U.S. stocks rise; S&P 500, Dow hits records
NEW YORK (MarketWatch) — The U.S. stock market moved higher on Friday, sending the S&P 500 and Dow Jones Industrial Average to a fresh intraday record.
Stocks were supported by favorable outcomes in two ‘risk events’ this week. The Federal Reserve reiterated its commitment to facilitating the U.S. economic recovery by maintaining its view on the timing of interest-rate hikes, and Scotland voted to remain part of the United Kingdom. http://www.marketwatch.com/story/us-stocks-futures-higher-as-fed-rate-view-holds-2014-09-19

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10:53am Time to test & take out  .0026 hod! +177%

10:28am Looking for entry in  .001 that was some great news just out! FBC Inks Deal With COCO-AMO: LOVE, a Revolutionary Hair / Skin Care Company With Sales on Amazon
Company Is Funding COCO-AMO as They Get Ready to Launch in New York City and Online Within the Next 45 Days
http://finance.yahoo.com/news/fbc-inks-deal-coco-amo-140518694.html

10:10am  holding/accumulating all for .003+ first target

10:04am  just hit 52 week low watching

10:01am  going viral .0021 x .0022 +144% headed to pre-levels

9:56am  still on  watch for volume, bids have come up

9:55am   .0017 getting slammed now finally filled me too +88%

9:53am  could really go here .0016 falling +77%

9:47am  .0014 interesting News (cancel of R/S) could get back to .003+ levels now. Looking for entry

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Early movers: ORCL, AAPL, BABA, HD, WMT, GSK & more
http://www.cnbc.com/id/102016179

Alibaba’s IPO prices at $68 a share
Alibaba Group Holding Ltd.’s shares priced Thursday at $68, at the high end of expectations, in what is one of the world’s largest initial public offerings ever. http://www.marketwatch.com/story/alibabas-ipo-prices-at-68-a-share-2014-09-18?dist=beforebell

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Scotland set to stay in U.K. as ‘Yes’ camp admits defeat
EDINBURGH — Scottish voters rejected a heated bid for independence, providing a narrow escape for a British government that scrambled to dole out promises of new local powers for Edinburgh to head off the breakup of a 307-year-old union. http://www.marketwatch.com/story/scotland-set-to-stay-in-uk-as-yes-camp-admits-defeat-2014-09-19?dist=beforebell

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[Most Recent Quotes from www.kitco.com]
Gold slips toward a third weekly loss
LOS ANGELES (MarketWatch) — Gold’s wrenching spiral continued on Friday, with prices heading for a third weekly loss in a row and touching on eight-month lows.
At last check, gold for December delivery GCZ4, -0.36% was down another $3.90, or 0.3%, to $1,222.80 an ounce. September silver SIU4, -1.09% fell 3 cents to $18.49 an ounce.
On Thursday, gold settled at its lowest closing price since the end of December, dunked by another move higher in the dollar in the wake of the Federal Reserve meeting on Wednesday.

David Govett of Marex Spectron said the only real bright spot for gold at this point is the fact that the market is very short and will at some point put together a short-covering rally.
“On the whole though,” he warned, “if the dollar stays strong and the data from the U.S. continues to be positive, the metals are in for a tough time.” http://www.marketwatch.com/story/gold-slips-toward-a-third-weekly-loss-2014-09-19?dist=beforebell

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U.S. stocks: Futures higher as Fed rate view holds
Alibaba set to debut in New York later; Oracle in focus

MADRID (MarketWatch) — U.S. stock futures pushed higher on Friday, ahead of one of the world’s biggest initial public offerings ever, and as news Scotland will stay in the U.K. removed some uncertainty for markets.

Futures were buffered by Thursday’s gains and the view U.S. rates won’t be rising soon. The Dow Jones Industrial Average DJZ4, +0.42%  gained 74 points, or 0.4%, to 17,252, while those for the S&P 500 index SPZ4, +0.34%  rose 6.7 points, or 0.3%, to 2,011.30. Futures for the Nasdaq-100 index NDZ4, +0.38%  jumped 16.5 points, or 0.4%, to 4,113.

Leading indicators are due at 10 a.m. Eastern Time. But a thin calendar was expected to keep investor focus on belief that the Federal Reserve is committed to keeping interest rates low after monetary stimulus ends, borne out by the Fed’s meeting this week. The Dow industrials and the S&P 500 index indexes to closed at record levels on Thursday.

BTIG became the latest on Wall Street to lift its S&P 500 forecast on Thursday, raising its year-end price target to 2,075-2,100, from 1,980. ”Given the underperformance of so many and the seasonal bias that dominates the winter months, the bias remains to the upside for equities in the coming three months,” BTIG strategist Dan Greenhaus wrote on the company’s website.

But he added that his subsequent six to nine-month forecast isn’t nearly as optimistic, given a shift by the Fed to policy-tightening is going to lead to equity weakness.

Stocks to watch: One of the world’s biggest IPOs in history will debut within hours in New York. Alibaba Group Holding Ltd. BABA, +0.00%  priced Thursday at $68, toward the high end of expectations. The IPO price values Alibaba at $168 billion, making it one of the largest U.S. listed companies and giving the e-commerce company a bigger market capitalization than Amazon. AMZN, +0.31% AMZN, +0.31% AMZN, +0.31% Want to buy into Alibaba IPO? Caveat emptor

Yahoo Inc. YHOO, +1.22%  may move on the final price set by Alibaba, of which it owns a stake. Opinion: China’s favorite sons will score big in Alibaba IPO

Oracle Corp. ORCL, +1.00%  may decline in premarket trading on Thursday’s news that Chief Executive Officer Larry Ellison is stepping down in favor of Safra Catz and Mark Hurd, who will serve as co-CEOs. Oracle’s two CEOS may fuel investor concerns

GlaxoSmithKline PLC GSK, +0.40%  may be a focus after a Chinese court on Friday found its subsidiary in the country guilty of bribing nongovernment personnel, fining the company nearly 300 million pounds ($491.5 million).  http://www.marketwatch.com/story/us-stocks-futures-higher-as-fed-rate-view-holds-2014-09-19?link=MW_home_latest_news

9/18 After-hours buzz: Home Depot, McDonald’s, Oracle & more

Administrator - Thursday, 18 September 2014 07:36

Biggest OTC % Gainers/OTC % Losers /Top OTC Volume Movers 9/18 close:
http://huntforthenext10bagger.com/biggest-otc-movers

After-hours buzz: Home Depot, McDonald’s, Oracle & more
http://www.cnbc.com/id/102014228

American International Group – The insurer said Jay S. Wintrob, president and CEO of AIG Life & Retirement, is leaving the company. Its shares edged up in after-hours trading.

Clorox – The seller of products including bleach named Benno Dorer as its new CEO, effective Nov. 20. Its shares edged higher in after-hours trading.

JetBlue Airways – The carrier said CEO David Barger would retire in February, with President Robin Hayes taking the helm.

Home Depot – The home-improvement retailer raised its 2015 guidance by 2 cents a share. Shares edged lower in after-hours trading.

McDonald’s – The fast-food chain raised its quarterly dividend by 5 percent. Shares edged higher in after-hours trading.

Oracle – The provider of business software said Larry Ellison, its co-founder and longtime CEO, is stepping down. It also reported first-quarter earnings per share, excluding items, of 62 cents on $8.60 billion in revenue, versus estimates calling for ESP of 64 cents on $8.78 billion in sales. Its shares fell in after-hours trading.

Red Hat – The distributor of open-source software reported fiscal second-quarter revenue and profit that topped expectations. Its shares fell in after-hours trading.

Texas Instruments – The semiconductor company said it would hike its quarterly dividend by 13 percent.

ScreenHunter_14 Sep. 18 17.07

S&P 500, Dow close at record highs
NEW YORK (MarketWatch) — The S&P 500 and Dow Jones Industrial Average closed at record levels on Thursday as investors welcomed the Federal Reserve’s commitment to low interest rates long after the ending of monetary stimulus.

Earlier in the session, investors cheered China’s efforts to boost economic growth, while upbeat jobs data outweighed weakness in U.S. housing.

The S&P 500 SPX, +0.49% added 9.79 points, or 0.5%, to 2,011.36, closing at a record high. Financials led Thursday’s gains.

The Dow Jones Industrial Average DJIA, +0.64% gained 109.14 points, or 0.6%, to 17,265.99, also setting a new record. The Nasdaq Composite COMP, +0.68% rose 31.24 points, or 0.7%, to 4,593.43.

Follow today’s stock market coverage in a live blog.

According to Peter Cardillo, chief market economist at Rockwell Global Capital, enthusiasm ahead of Alibaba debut added to an overall positive market reaction among other factors

Applications for jobless benefits dropped to the lowest level since mid-July, however, construction started on new U.S. homes tumbled in August, pulling back after a surge in July.

Separately, U.S. manufacturers in the Philadelphia region continued to do brisk business in September as hiring intentions rose to a 31-year high, a strong signal that companies expect growth to improve over the rest of the year.

News from China boosted global equities. China’s central bank cut short-term borrowing costs for banks on Thursday, the same week it announced a cash injection into the country’s five biggest banks. For markets, this is a “massive statement of intent,” amid growth concerns for the country, said Craig Erlam, market analyst at Alpari U.K.

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100665314-106658192.530x298

Gold settles below $1,230; worst day since early January
Gold settled at its lowest level in more than eight months Thursday as the dollar index jumped to a four-year peak after the Federal Reserve signaled that a faster hike in U.S. interest rates might be on the horizon.

The Fed on Wednesday renewed its pledge to keep interest rates near zero for a “considerable time”, but also indicated it could raise borrowing costs faster than expected when it starts moving.

“The dollar did its job again and gold wiped out the entire eight months’ gains and we are now back where we were at the beginning of the year,” Sharps Pixley CEO Ross Norman said. http://www.cnbc.com/id/102010637

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ScreenHunter_07 Sep. 18 14.12

U.S. stocks rise; S&P 500, Dow hit record
Weekly jobless claims drop; August housing starts disappoint

NEW YORK (MarketWatch) — U.S. stocks extended gains on Thursday, sending the S&P 500 and Dow Jones Industrial Average to record intraday high levels, a day after the Federal Reserve decided to remain committed to low interest rates.

Investors cheered China’s efforts to boost economic growth, while upbeat jobs data outweighed weakness in U.S. housing.

Applications for jobless benefits dropped to the lowest level since mid-July, however, construction started on new U.S. homes tumbled in August, pulling back after a surge in July.

Separately, U.S. manufacturers in the Philadelphia region continued to do brisk business in September as hiring intentions rose to a 31-year high, a strong signal that companies expect growth to improve over the rest of the year. http://www.marketwatch.com/story/us-stocks-futures-gain-on-china-stimulus-housing-starts-ahead-2014-09-18

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[Most Recent Quotes from www.kitco.com]
Gold, metals hammered as dollar up, Scots head to polls
Rising dollar hits gold prices following Fed meeting
MADRID (MarketWatch) — Gold prices on Thursday dropped to their lowest level since at least January, leading a broad decline in the metals group after the Federal Reserve indicated that it was not inclined to move quickly to raise interest rates.

At last check, gold for December delivery GCZ4, -1.22% was down nearly $18, or 1.4%, to $1,218.10 an ounce. December silver SIU4, -0.93% lost 2% to $18.36 an ounce.

A day earlier, gold ended its modest winning streak, bogged down by concerns of a stronger dollar along with a bearish forecast from Barclays.

Michael Kosares of USA Gold said the potential fallout from the Scotland vote could mean good things for gold prices, despite the declines that hit following the Fed meeting. http://www.marketwatch.com/story/metals-hammered-as-scots-head-to-polls-2014-09-18

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Early movers: AAPL, MSFT, TGT, V, A, AMZN & more
http://www.cnbc.com/id/102012186

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U.S. stocks: Futures gain on China easing; housing starts ahead
Scottish voters head to the polls; Gold pressured by dollar
MADRID (MarketWatch) — U.S. stock futures pointed to gains at the start of trading on Thursday, boosted by news of more easing out of China, as investors awaited an update on housing starts and weekly jobless claims.

Coming from a flat position ahead of that Chinese news, futures for the Dow Jones Industrial Average US:DJZ4 rose 51 points, or 0.3%, to 17,122, while those for the S&P 500 index SPZ4, +0.43% added 7 points to 2,000.70. Futures for the Nasdaq-100 index NDZ4, +0.41% ticked up 11.75 points to 4,077.50.

China’s central bank cut short-term borrowing costs for banks on Thursday, in the same week it announced an injection of cash into the country’s five biggest banks. For markets, this is a “massive statement of intent,” said Craig Erlam, market analyst at Alpari, in emailed comments. A string of weak data out of China has heightened concerns about that global growth engine.

“We know this has worked in the past, so there is no reason to believe it won’t work again, and the markets love it,” Erlam said.

Federal Reserve Chairwoman Janet Yellen will speak on asset building for low- and middle-income households via prerecorded video at 8:45 a.m. Eastern Time.

In the U.S., economists expect the pace of home construction to pull back in August from July, which had the highest reading since late 2013. Those numbers are due at 8:30 a.m. Eastern Time, along with weekly jobless claims, which are expected to dip from the previous week.

At 10 a.m. Eastern Time, the Federal Reserve Bank of Philadelphia will publish its September monthly reading on regional manufacturers, which is expected to weaken from August.

The Dow industrials DJIA, +0.15% notched a record high on Wednesday, though stocks flattened by the end of the session. The Federal Open Market Committee stuck to its view that it will keep short-term interest rates near zero for a “considerable time” after the central bank stops its big-scale purchases of bonds.

Stocks to watch: United Natural Foods Inc. UNFI, +3.29%  could gain after a late-session rise on earnings and an outlook that topped Wall Street’s forecast. See After Hours roundup

Pier 1 Imports Inc. PIR, -11.52%  could add to a 10% late-session drop, after earnings fell short of hopes and the company cut its forecast for the year.

Flexion Therapeutics Inc. FLXN, -1.17%  fell 27% late Wednesday after the Food and Drug Administration placed a hold on a mid-stage clinical trial on the company’s treatment for osteoarthritis of the knee.

http://www.marketwatch.com/story/us-stocks-futures-gain-on-china-stimulus-housing-starts-ahead-2014-09-18?dist=beforebell

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Home construction seen ticking down after recent surge
The pace of home construction likely pulled back last month following a July surge, a result that may firm economists’ views about some shakiness in the housing market, according to a consensus forecast for data to be released Thursday.

MW-CU316_Starts_MG_20140917153333

The annual pace of housing starts likely hit 1.03 million in August, a slip from 1.09 million in July, which was the highest reading since late 2013, economists polled by MarketWatch expect the government to report.

If the construction rate hit 1.03 million in August, that result would be up 16% from the year-earlier period, but still far below the 1.7 million starts needed each year to maintain current stock and meet demand for replacement and second homes. It’s been five years since the recession ended, and economists say that it will take strong, consistent jobs growth to spur a sustained pick up in home building and sales.

It’s too difficult for many families to afford a new home, which have seen prices spike over the past year, even as mortgage rates remained relatively low. The July surge in home construction was led by apartments, with builders responding to consumer demand. Economists prefer to see stronger growth for single-family-home building, which creates more jobs than constructing an apartment unit.

However, builders’ confidence in the market for single-family homes is on the rise, and recently reached the highest level in nine years. Builders who survived the housing meltdown may feel well-positioned to grow as the broad economy shows signs of a pick up.

The U.S. Commerce Department will release the home-construction data at 8:30 a.m. Eastern.

Also at 8:30 a.m., the U.S. Labor Department will release its latest report on initial jobless claims, and economists expect to see the tally for the week that ended Sept. 13 decline to 305,000 from the prior period’s reading of 315,000. Weekly claims are near pre-recession levels, signaling a slow pace of layoffs.

Later Thursday morning, the Federal Reserve Bank of Philadelphia will publish its monthly reading on regional manufacturers, and economists expect to see the result weaken to 24 this month from 28 in August, which was the highest result since March 2011. Any Philly Fed reading above zero indicates that a net share of respondents saw an increase in the level of general business activity. The September data will be released at 10 a.m. Eastern. http://blogs.marketwatch.com/capitolreport/2014/09/17/home-construction-seen-ticking-down-after-recent-surge/

24 hour GOLD Spot Price

Undervalued Play LTNC

ScreenHunter_01 Aug. 04 14.37

Weekly Watch List

NASDAQ4508.688  chart-19.001  chart -0.42%

S&P 5001982.77  chart-11.52  chart -0.58%

SPY198.01  chart-1.14  chart -0.57%

GLD117.60  chart+0.75  chart +0.64%

^VIX14.93  chart+1.24  chart +9.06%

GDX22.54  chart+0.36  chart +1.62%

SRNA1.13  chart+0.08  chart +7.62%

ELRA0.0041  chart+0.0005  chart +13.89%

LTNC0.147  chart-0.0079  chart -5.10%

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