Chinese Stocks Heat Up – Voice of the People

Zacks highlights commentary from People and Picks Member «inthemoneystocks».

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Chinese Stocks Heat Up

Chinese stocks are flourishing today after the Shanghai Index jumped to 2347.53, +57.04 (+2.43%). This pop set the China solar stocks on fire with Trina Solar Limited (ADR) (TSL) trading at $9.00, +0.80 (+9.76%). Others like JA Solar Holdings Co., Ltd. (ADR) (JASO) and Suntech Power Holdings Co., Ltd. (ADR) (STP) are also having a big day.

Some Chinese small caps are still at or near their 52 week lows despite the market rally in January 2012. These are catching fire. Sino Clean Energy Inc. (SCEI) is surging today, trading at $1.44, +0.09 (+6.67%).

The key is to look for Chinese stocks that are still trading at or near their chart lows. These may be the next explosive movers. There are not many stocks that are still cheap in this market, and speculative money is searching for the next big mover. Any small cap trading near its lows is a candidate, especially Chinese plays.

Gareth Soloway

InTheMoneyStocks.com

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Read the full analyst report on TSL

Read the full analyst report on JASO

Read the full analyst report on STP

Read the full analyst report on SCEI

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Gasoline On Fire – Voice of the People

This morning, the United States Gasoline Fund (UGA) is trading higher by 0.45 cents to $55.50 a share. This tells us that gasoline prices at the pump are going to be higher if you have not noticed already. The average price for a gallon of regular gasoline in the United States is $3.57 according to AAA.

High gasoline prices are a direct tax on the U.S. consumer. It is always important to remember that consumer spending accounts for roughly 70.0 percent of the gross domestic product in the United States. Short term traders should watch for intra-day resistance on the UGA around the $56.00 level.

Some other oil and energy ETF’s that are trading higher this morning include the United States Oil Fund (USO), iPath S&P GSCI Crude Oil Total Return (OIL) and the United States Heating Oil Fund, LP. (UHN). Traders and investors must remember that high energy prices have always come back to hurt the stock markets. These energy vehicles will usually trade inverse to the U.S. Dollar Index.

 Nicholas Santiago

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IBM Leads as Investors Hope for Apple Dividend – Voice of the People

The markets are floating higher as IBM Corp. (IBM) leads the charge. The stock is hitting new all time highs at $198.86, +4.99 (+2.57%). This is accounting for about 20 points in the Dow Jones Industrial Average on the day. It is the biggest component and is making up a majority of the Dow move today.

In addition, the NASDAQ is leading today as all eyes are on Apple Inc. (AAPL). At 1PM ET an investor meeting will get under way. Investors are hoping the company declares a dividend. Apple makes up 20% of the NASDAQ 100. This makes any move in Apple a major market move.

The Dow Jones Industrial Average is getting very close to 13,000. As the institutions and Federal Reserve continue to push more and more people into the market, a close over 13,000 for the weekend is likely. The media would pounce on this and it would ultimately coax more investors to the long side next week. This always happens towards the end of an up cycle in the market and should be a big warning to smart traders and investors.

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Weakness After AAPL Signals Selloff – Voice of the People

Weakness After AAPL Signals Coming Sell Off

You could hear the cheer from CNBC commentators as Apple Inc. (AAPL) reported monster earnings. This truly was a great earnings report. The jubilation started in the media and spread to the little investor. Proclamations of 1380 on the S&P 500 were constant along with “tomorrow” will be a monster up day in the markets.

However, here the S&P 500 sits on the negative side. The SPDR S&P 500 ETF (SPY) is trading at $131.28, -0.18 (-0.14%). The NASDAQ is only slightly higher on the day. Most major technology companies are selling off today while Apple is responsible for the gains alone.

One thing to learn is to ignore the Wall Street hype and focus on the charts. By focusing on the charts, it was clear that the markets were overbought and there was little if any upside left. The euphoric state of the media is used to coax the small investor into the markets. As they buy, the institutions sell. This is classic and marks the top of the market in the short term. Remember, when the markets are at their highest point of happiness and the media is pumping the strongest, sell your longs and go short.

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Gold in 2012 – Voice of the People

Gold in 2012

Gold is headed higher.    Main reason: Asia’s China and India. Both countries are on track to be 40 percent of the global population.   India has been focused on gold for a long time.  China, with about 1.4 BILLION people that have no retirement planning or coverage, has authorised its people to own gold, strongly advising its peoples to buy gold, almost assuring its people that gold values will increase over time, and  is making efforts to see that gold, when exchanged, is only done through China sanctioned exchanges, brokers, dealers. 

As reported on MarketWatch, “Gold gains on China’s buying binge”  “The country imported a record 103 tons from Hong Kong in November, up 19% month over month and up 483% year over year,”

For the rest of the story, here’s the link:  http://money.msn.com/market-news/post.aspx?post=5682d586-ab3e-46f0-9ce2-ea81417183b4&_nwpt=1

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