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Sirius Satellite Radio Inc (SIRI) (7.48 -0.14)
SIRIUS SATELLITE RADIO said it ended 2004 with 1.14 million subscribers, surpassing its target, and added that it expects to double that figure this year. Sirius had forecast end-2004 subscribers of 1 million. Sirius attributed the results to strong retail sales of its satellite radios, which lead to subscriptions. (Reuters 01:17 PM ET 01/03/2005 More...)
Does anyone have an opinion on JCOM? thx.
I'm hoping SLXP hops to 18+ today. It seems quite an obstacle.
thanks op. i got a bit shaky yesterday and sold some for a 3 pt. gain. not bad. maybe a quick trade today and then a pause. eyes and ears perked.
Op, any opinion about QLGC? Is it reaching a local top here around 38 or is there room to go higher before a pullback?
thx
bought BIVN at 11.
Have a wonderful Thanksgiving everyone. Zeev, thanks for all of your mitzvahs here on ihub. You're a gem! Ok, let the cooking begin...stock market and kitchen.
Hey jra, I'm holdin' my JCOM. Jerry Olson is predicting $40+ and my other research shows it hitting between 36.06 and 38.01. Who knows?! Zeev sold today -
November 20, 2004
This is Louis Navellier. It is Saturday, November 20, 2004.
Well, it was a good week for us but not the best week for the market. The
market sold off late this week on fears of a weak dollar. Ironically, that
helps us a lot because our buy list has a lot of international and U.S.
based stocks multi-national stocks that benefit from the weak dollar. So
the market might be scared of a weak dollar, but it certainly helps our
stocks.
Additionally, the market ended the week on a negative note largely due to
resurging oil prices. This also helps us because 40% of our buy list is
energy related. So we’re very well positioned for this market.
This week saw fascinating economic news. The Producer Price Index, which is
wholesale inflation, saw the biggest jump in 14 years, up 1.7%. The core
rate of inflation excluding food and energy was up 0.6%. It was obviously
caused by rising energy prices and rising food prices as a result of the
Florida hurricanes’ crop destruction that affected tomatoes, grapefruits,
strawberries and oranges. Wholesale produce prices rose over 34%. That is
non-recurring inflation that is now dissipating as hurricane season is now
over. The Producer Price Index did scare people because it had its biggest
jump in 14 years.
The next day, the Consumer Price Index was released at up 0.6%. The core
rate excluding food and energy was only up 0.2% versus the previous month’s
0.3%. That was reassuring to Wall Street and they now think inflation might
be cooling off. Again, most inflation in the economy is energy related.
Some of it is food related as food costs have risen with the strong dollar.
Also playing in are fertilizer costs. We’re positioned to capitalize on the
inflation due to food and energy.
We have some changes for the December Blue Chip buy list. I’d like you to
sell Countrywide Financial (CFC) and Stryker (SYK), the orthopedics
company. Both of these stocks have been downgraded to "hold" for a while.
Countrywide bounced back a bit so it’s a good time to sell it. Stryker
rebounded a few weeks ago and you can sell it now.
I have only one new stock to purchase this month: Apple Computer (AAPL). It
has had incredible earnings, much of which relates to iPod sales. They
process digital media (pictures, movies, etc.) better than anyone else. If
you wonder what the fuss about the iPod is, just go find a teenager as they
basically all have one. Apple is on a roll right now and that’s my new buy.
If you have any money leftover from selling Countrywide and Stryker and
buying Apple, you might want to look at our Top 5 stocks. This month, they
are Brascan (BNN), ChevronTexaco (CVX), Syngenta (SYT), Valero Energy
(VLO), all conservative stocks, and TXU Energy (TXU), a moderately
aggressive stock. TXU just boosted its dividend yield to 3.5%, which is
very encouraging.
I feel pretty good because we are in the right industries that prosper when
the dollar is weak. Alan Greenspan finally acknowledged that the U.S. might
have to do something about the weak U.S. dollar. In the past, he said we
should let the dollar float because that is how to eliminate trade
deficits. This is the big fuss in international circles. It helps the U.S.
economy and it hurts other economies with strong currencies. So the U.S.
should be growing faster than Canada now, largely due to the weak dollar,
although Canada has a lot of natural resources and will do very well in
this environment.
Let me walk you through the stocks on the December buy list. Starting with
the conservative stocks, American Standard (ASD) is a good buy.
Avon Products (AVP) has pulled back and is a good buy. Many people have
told me that Avon is weak. Starbucks was weak a couple of months ago and it
resurged. Avon is moving in its normal trading range and it will be fine.
I’m not worried about this stock. The company’s sales and earnings come
predominantly from outside the United States. It will benefit from the weak
dollar. It has very strong sales outside of the United States. It will be
fine. It’s a great buy.
BG Group (BRG) is very strong. You can buy it up to $37 per share. This is
a U.K. company which is obviously resurging because of surging energy and
the weak dollar. When the dollar weakens, these international stocks take
off.
Brascan (BNN), one of our Top 5 stocks, is improving and is a good buy. You
can buy it up to $40 per share. ChevronTexaco (CVX), one of our Top 5
stocks, is improving and is a good buy. You can buy it up to $57 per share.
ConocoPhillips (COP), is improving and is a good buy. The energy stocks do
really well late in the week. eBay (EBAY) is a good buy. It pulled back on
Friday and is now back in range. You can buy it up to $117 per share. eBay
usually does really well in the fourth quarter because that is when it
makes a lot of sales.
Golden West Financial (GDW) has pulled back and is a good buy. You can buy
it up to $129 per share. It pulled back sharply on Friday but I’m not
worried about it. It’s an outstanding buy. It is the best financial stock
out there.
Hershey Foods (HSY) is steady and a good buy. You can buy it up to $56 per
share. It should profit from the weak dollar. Imperial Oil (IMO), in
Canada, is improving and is a good buy.
National Grid Transco (NGG) is improving and is an outstanding buy.
Occidental Petroleum (OXY) was kind of quiet but is now steadily making
some ground. It’s still a good buy.
Procter & Gamble (PG) is a good buy and will profit from the weak dollar.
Qualcomm (QCOM) is improving and is a good buy and will also profit from
the weak dollar.
Starbucks (SBUX) is a phenomenal buy. You can buy it up to $59 per share.
Suncor Energy (SU) is improving and is a good buy.
Syngenta (SYT) is improving and is a good buy. Valero Energy (VLO) is
improving and is a good buy. You can buy it up to $47 per share. These are
both Top 5 stocks.
Zimmer Holdings (ZMH) has pulled back and is a good buy. I wouldn’t worry
too much about it though I sold Stryker. Zimmer looks a lot better than
Stryker does. Stryker bought a company called SpineCore, which knocked its
earnings a tad. Zimmer did a merger a long time ago with a company called
Centerpulse. Zimmer is looking good.
Moving on to the moderately aggressive stocks, Alcon (ACL), the Swiss maker
of medicine for degenerative eye diseases, is steady and just started to
pull back. It’s a good buy. You can buy it up to $81 per share.
Amerada Hess (AHC) is finally resurging. It’s improving nicely and is a
good buy. America Movil (AMX), the Mexican cell phone company, did pull
back on Friday but it’s a very good buy. You can buy it up to $49 per
share.
Apple Computer (AAPL) is very steady and is a good buy. Burlington
Resources (BR), our natural gas stock, is improving and is a good buy. You
can buy it up to $45 per share.
Canadian Natural Resources (CNQ) is improving and is a good buy. CNOOC
(CEO), the Chinese oil company, is improving and is a good buy.
Georgia-Pacific (GP) is a good buy. Nextel (NXTL) is a very good buy.
TXU Energy (TXU), one of our Top 5 stocks and one of our stars last month,
pulled back just a tad and is a good buy. You can buy it up to $71 per
share.
Moving on to the aggressive and more powerful stocks, Aluminum Corporation
of China (ACH) is a good buy. Motorola (MOT) is a good buy.
Research in Motion (RIMM) is improving and is a good buy. Yahoo! (YHOO) is
still a "hold" in my system but it’s doing all right.
We’re pretty happy because we are properly positioned with a lot of energy
stocks which rally when the overall market is soft. We have foreign stocks
that profit from the weak dollar, too, so we’re positioned to profit from
all the things that are bothering Wall Street. So I wouldn’t worry about it.
I’ll update the hotline next Thursday morning on Thanksgiving Day. I hope
everybody has a wonderful Thanksgiving holiday. I do want to mention that
volume will dry up a bit next week, but usually right after Thanksgiving we
see a lot of pension funding and the market should firm up with that.
Please don’t worry about surging oil prices or the weak dollar because
we’re positioned for it. I think our stocks are going to be oases when the
market is soft.
I’ll talk to you Thursday morning or before then if the Dow swings more
than 200 points per day or the NASDAQ swings more than 100 points per day.
We’re well positioned, so hang on and enjoy the ride. Take care, everybody.
So jra, what's your buy-on-a-dip price to acquire more JCOM?? Or will you?
So you're expecting more upside to JCOM? Monday? Yee-haw!
sold QLGC at 33.45 for +1.55
OT:
Did anyone see 60 Minutes last night? They mentioned a marine wives group that accepts donations so that when an injured (they interviewed men who had lost legs and arms) soldier returns to the states, their families (esp. moms and dads) can stay longer with their children. It's been a financial strain for them - mortgage and car payments, leaving work for weeks - you can imagine. So the group Injured Marine Semper Fi Fund accepts any amount to help the families. They have received over $300,000. and hand checks to wives, moms, dads right at the hospital. I was impressed.
Injured Marine Semper Fi Fund
825 College Blvd. Suite 102
Oceanside, CA 92057
(Camp Pendleton marines live in Oceanside)
<<It's a behavior that is learned one way or another>>
Is it possible that you haven't been around many children? I'm an elementary school teacher and have taught/known hundreds
of children, some of whom were obviously gay - noticeable even at 6 - 8 yrs. old! If you knew some of the families you would come to realize that these children were neither being taught the behavior or choosing the behavior. Why would you choose it?! How would you know to choose it at 8 yrs. old! It's not the easiest way to live, so why choose a gay life?
Zeev, are you trading QLGC? It looks like a continued up, but I expect a pullback.
jrintl, I hope you don't mind if I chime in. I've been asking friends and aquaintances who are part of sub-groups, who their group is voting for and why. Among many, I asked my mortgage broker. His answer: I've been a Republican all my life but I can't vote for a liar. He said he is disappointed in his party, that it isn't the same as it used to be. He went into the whole "getting us into war" thing. I was shocked at his response. It's hard to change.
Then there's the cell phone theory! The youth have cells, not home phones, and pollsters don't call cell phones. Maybe that get out the youth vote push will mean something. Dunno.
Personally, I still think the incumbent will prevail. The Weekly Reader says so.
jra, is this right?? up a buck forty one in after hrs.?
J2 Global Communications Inc (NASDAQ NM:JCOM)
28.78 -0.46 / -1.57% 4:00 PM ET
10/26/2004
30.19 1.41 / 4.90% 5:42 PM ET
10/26/2004
Open: 29.4 Volume 423,750
High: 29.40 Volume Avg: 689,800
Low: 28.52 P/E Ratio: 24.39
Prev. Close: 29.24 Dividend Yield: N/A
52-Week Low: 18.82 Market Cap (mil): 668.88
52-Week High: 33.99
Nice little mention of QLGC by Jim Jubak:
The rally, when it becomes visible, is likely to favor the same kind of stocks that have done well in the stealth rally this year. That means mid- and small caps. Given the greater volatility in small-cap stocks against their slightly larger mid-cap brethren -- and the uncertainties that still surround a year-end rally -- I’d favor mid-caps over small caps at this point. What specific mid-cap stocks? I’d look for stocks with solid, improving relative-strength rankings over the last three months (showing they’ve been stronger than the general market) and those that have announced earnings surprises this quarter. It’s too early to screen for such stocks because we’re only part way through earnings season, but I’ve come up with five companies that have already reported earnings and that fit the bill: Citrix Systems (CTXS, news, msgs), Diamond Offshore Drilling (DO, news, msgs), Paccar (PCAR, news, msgs), QLogic (QLGC, news, msgs) and Wipro (WIT, news, msgs).
http://moneycentral.msn.com/content/P97297.asp
It is rude of you to say "thinking for yourself", but I'm not too surprised. I suggest we haven't read the same stuff, you suggest I can't think for myself. Which is worse?
Bush has split the country, alienated our allies, so why shouldn't you do the same? Good luck to you.
We must not have read the same newspapers or read the same books or watched the same tv stations or listened to the same politicians or.....
I've thought about it. I would like to be able to vote for a candidate who is intelligent enough to know how NOT to start a war. There isn't anyone yet who fits the bill, but I'll not vote for a known liar, a known bully, a known warmonger. One would have to be blind to do so, in my opinion. Tell me, how are we going to end this war? My 21 yr. old son, a senior in college, talks about this in frustration and with sadness that our soldiers, our fellow citizens, are in Iraq dying and a draft is upon us.
154 million did not vote for Bush. In a nation of 200 million voters, I would say we constituted a majority. I could argue all day about the illegalities involved, but then we'd be getting into the little unimportant stuff like the 3000+ voters, mostly elderly and Jewish, who thought they were voting for Gore but punched the wrong hole - for Buchanan. Even Buchanan went on tv to declare that no way in hell did those Jewish voters vote for him.
Where's the "compassion" part of compassionate conservatism?
He cares about us? He said just yesterday, "Have I ever told you anything that wasn't the truth?"
Plan to Store Anti-Radiation Pills Is Overdue
October 23, 2004
By MATTHEW L. WALD
WASHINGTON, Oct. 22 - Amid fears of a terrorist attack's
causing a leak from a nuclear power plant, a plan to
stockpile pills to protect against one of the contaminants
that spreads farthest appears to have slipped through the
cracks.
The Bioterrorism Act of 2002 required a study by scientists
of how to store and distribute the pills, of potassium
iodide, a drug that protects against radioactive iodine.
Health officials say that in the event of a big release of
radiation, the pills could prevent the thyroid cancer
epidemic that struck Eastern Europe after the Chernobyl
disaster in 1986. The idea that terrorists want to attack a
power plant was bolstered this year by President Bush in
his State of the Union address, in which he said American
forces had found plans for American power plants in
Afghanistan.
The study, by an arm of the National Academy of Sciences
and originally due to be completed in October 2002, was not
finished until late last year. Mr. Bush had six months to
issue guidance to state and local governments on
stockpiling potassium iodide pills, but he has not done so.
http://www.nytimes.com/2004/10/23/politics/23nuke.html?ex=1099540858&ei=1&en=aaaae321483d7c1...
Is this nonsense?
A president lying about an extramarital affair is an impeachable offense. A president lying to enlist support for a war in which thousands die is solid defense policy.
Maybe this is nonsense:
Saddam was a good guy when Reagan armed him, a bad guy when Bush Sr. waged war upon him, a good guy when Cheney did business with him, and a bad guy when Bush needed a "we can't find Bin Laden" diversion.
Sounds like flip-flopping.
That's ok. Bush is trying to provide health care to all Iraqis, a sound policy. (Of course, providing health care to all Americans is socialism.)
Just a bunch of nonsense.
So for the sake of everything else that matters, like human life - the lives of our soldiers, let's re-elect the warmonger who, at least, will give us a tax break.
That's silly. Steal? You need to go back and study history. Can you imagine Karl Rove and his religious right in the same situation as Gore was in 2000?
should take this silliness to the politics board, this telling people how they will be perceiving things if...
how do you know how i, or anyone else, perceive things?
The Bushes certainly would allow windmills to block their view, eh?
Yep, jra, I'm still talking JCOM. Looks like it's moving up. Are you out?
I've never been there but have heard that Acadia Natl. Park is the best in the nation.
I'm thinkin' the market is up tomorrow as the nation rejoices after two amazing baseball games. Wow! Good games beget good games.
Maybe it's good I only sold 1/8 of my position. Methinks it will turn up...we'll see. I'm also hoping for a big turn up in QLGC - that's how nuts I am! Just bought some. Wish I didn't like that stock so much.
Sold a little at 31.40 today...just in case. Maybe it'll bounce tomorrow??
selling any??
This country is best known for its diversity and for its citizens enjoying a variety of opinions. When he said his "with us or without us" speech, he was actually unpatriotic, in my opinion, while suggesting that you are unpatriotic if you are against the war, against his form of governing. It messed everything up and, in this country, it's the fear imposed on us that suggests if you aren't with Bush/Cheney/Rove/Hughes, you are against your country. The statement has even pitted family members against each other. It is unforgivable. That fear stuff is part and parcel of other countries, but not America - if I remember correctly.
priceless! not much to say to that, eh? it is what it is.
Not true. That was WORLD war. This is oil and money war. This is good-old boy go get 'em war. IMHO.
Why Iraq? Why not Sierra Leone? Because 15 Saudis (out of 19) chose to hijack airplanes and use them as weapons? We had to do something, right? Bully mentality in 2001. I think we haven't learned a thing.
I'm done for the day. I wish the best for us all, no matter who wins in Nov.
Bush going to war and allowing over 1000 of our precious American soldiers to die and many to lose limbs, eyesight, and more, when weapons inspectors had not finished looking for wmd's (and we know the results of that now) was not a classy thing to do. Not classy. Which is worse? Cheney daughter mentioning classlessness or Bush rushing to war classlessness?
stem cell research gets close to it.
<<There is no violation of "Separation of church and state"... if there was it would be a campaign issue...>>
<<NY Times pulling out all the stops these days>>
All the news that's fit to print. And then some. I try to read both sides, but being a Dem, I have a tendency to veer toward what's real and true to me.