The Red Roadmaster’s US Market Re-cap + Stock Talk ™
12 January 2010
Date Line: Hong Kong (SAR) China
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Red’s Bull Alert: The S&P 500 has risen every trading day in Y 2010, the 2nd longest streak starting a year since 1987's 7 straight gainers. Re-cap of the US Stock Market Action for the week ending 11 January 2010 US industrial shares raised the DJIA and the S&P 500 Monday to new 15 month highs after China bolstered expectations that the World economy would strengthen, the NAS slid a bit. The DJIA added 45.80 pts, or 0.43%, to close at 10,663.99, the S&P 500 gained 2.00 pts, or 0.17%, to close at 1,146.98, and the NAS tallied up a minus 4.76 pts, or 0.21%, to end the session at 2,312.41. China reported record imports of some commodities and stronger than expected exports, boosting US companies with large international operations, like construction machinery maker Caterpillar Inc and aluminum producer Alcoa Inc. Data from China showed the country ended Y 2009 with record monthly imports of crude oil and soybeans and a strong appetite for iron ore and copper, while its exports rose 17.7% year-over-year, against a forecast of a 4% rise. Advancing Sectors: Industrials (+1.2%), Utilities (+1.1%), Health Care (+0.4%), Consumer Staples (+0.4%), Energy (+0.1%) Declining Sectors: Tech (-0.4%), Materials (-0.2%), Consumer Discretionary (-0.1%) Unchanged: Telecom, Financials Volume and Breadth: trade on the NYSE was below 1B/shrs, less than last year's estimated daily average of 2.18B/shrs, and on the NAS about 2.09B/shrs traded, above last year's daily average of 1.63b/shrs. Advancers outnumbered decliners on the NYSE by a about 3 to 2, and on the NAS about the same number of stocks fell as rose. Stocks to Watch Today
Deere & Co. (DE), DHT Maritime (DHT), Intel Corporation (INTC), and Las Vegas Sands (LVS)
Deere & Co. (DE) Up-date 7
Last Look: November 20, 2009 1
January 12, 2010 Paul A. Ebeling, Jnr. Analyst Today let’s look at Deere & Co. (DE), one of the World’s largest makers of farm equipment, from a Technical POV. The overall indications, after Monday’s (January 11, 2010) market action, are Bullish,: in the near term Very Bullish, mid-term Bullish, and long term Very Bullish, . The recent Candle Stick analysis is: Neutral.
**Chart by: http://www.stockta.com
Latest News and Opinion: Down on the Farm, Up on the Stock Market http://www.cnbc.com/id/34807691/site/14081545?__source=yahoo|headline|quote|text|&par=yahoo Monday’s Market Action Close 59.95 + 2.32 Volume 8,120,000/shrs
There are four Gap open up between October 15, 2009 and January 11, 2010 at 42.77/58.16, the near term resistance is NIL, support at 59.29 and the 50 day (EMA) exponential moving average is 52.74. This is Deere & Company (DE): The company, one of the world's two largest makers of farm equipment (CNH Global is the other), is also a leading producer of construction, forestry, industrial, and lawn-care equipment. It is famous for its "Nothing Runs Like A Deere" brand marketing campaign. While the global financial crisis dented the company's sales in commercial and consumer equipment, Deere's agricultural equipment sales continued strong and remained highly profitable. Deere makes 60% of its sales in North America. Competitive Landscape Demand is driven by demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in using computers to serve large portfolios of mortgage and credit card loans and also have access to cheaper sources of funds, but small companies can compete effectively in the cash lending or sales finance segments, where personal contact is more important. Deere & Co. (HQ) Robert W. Lane ,Exec. Chairman, Chief Exec. Officer and President: One John Deere Place Moline, IL 61265-8098 United States Phone: 309-765-8000 Fax: 309-765-5889 http://www.deere.com
DHT Maritime (DHT) Up-date 1
Last Look: November 23, 2009
January 12, 2010 Paul A. Ebeling, Jnr. Analyst
Today, let’s look at DHT Maritime (DHT), the marine transporter of Crude Oil, from a Technical POV. The overall indications, after Monday’s (January 11, 2010) market action, are Neutral: in the near term Bullish, mid-term Bullish, and long term Neutral. The recent Candle Stick analysis: Very Bearish
**Chart by: http://www.stockta.com
Latest News and Opinion: Why Overseas Shipholding (And You) Should Buy DHT Maritime http://seekingalpha.com/article/177048-why-overseas-shipholding-and-you-should-buy-dht-maritime? source=yahoo
Monday’s Market Action Close 4.03 +.04
There is a DOJI on January 11, and one Gap open down on September 2, 2009 at 5.07/4.32 , the near term resistance is 4.25, support at 3.93, and the 50 day (EMA) exponential moving average is 3.90. This is DHT Maritime (DHT): The Company has a single business focus: marine transportation of Crude Oil. The company's fleet of about 10 tankers has an overall carrying capacity of more than 1.6 million
deadweight tons (DWT). The fleet includes very large crude carriers (VLCCs), Suezmax tankers, and Aframax tankers, all double-hull. (Double-hull tankers, which have become the industry standard, are less spill-prone than their single-hull counterparts.) Spun off from Overseas Shipholding Group (OSG) in 2005, DHT Maritime acquired its fleet from its former parent that year in conjunction with an IPO. The company's vessels are chartered to OSG entities. Competitive Landscape for DHT Maritime, Inc. Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. Top DHT Maritime, Inc. Competitors Frontline Ltd. Teekay Corporation Aktieselskabet Dampskibsselskabet TORM
DHT Maritime, Inc. (HQ) Ole Jacob Diesen Chief Executive Officer 26 New Street St. Helier, JE2 3RA Channel Islands Phone: 44 15 3463 9759 Fax: 44 15 3487 8427 http://www.dhtmaritime.com
Intel Corporation (INTC) Up-date 13
Last Look: December 21, 2009
January 12, 2010 Paul A. Ebeling, Jnr. Analyst Today let’s look Intel Corporation (INTC), the World’s #1 manufacturer of semiconductors, from a Technical POV. The overall indications, after Monday’s (January 11, 2010) market action, are Bullish : in 5
the near term Very Bullish, mid-term Bullish, and long term Neutral. The recent Candle Stick analysis is: Very Bullish
**Chart by: http://www.stockta.com
Latest News and Opinion: Intel, Microsoft Offer Smart-Sign Technology http://online.wsj.com/article/SB10001424052748704055104574652742982646768.html? ru=yahoo&mod=yahoo_hs Mondayâ€™s Market Action Close 20.95
There is a Bullish Engulfing Candle on January 8, 2010 and no Gaps open up or down on the chart, the near term resistance is 21.26, support at 20.78, and the 50 day (EMA) exponential moving average is 20.02.
This is Intel Corporation (INTC): Intel is #1 in semiconductors. The company holds the lion’s share in the market for microprocessors that go into desktop and notebook computers, and also into computer servers. For a time rival AMD took some of Intel’s market share, but Intel fought back with faster processors and advanced manufacturing technology and ate AMD. Intel makes embedded semiconductors for the industrial equipment and networking gear markets. Most computer makers use Intel processors; PC giants Dell (18% of sales) and Hewlett-Packard (17%) are the company’s largest customers. The Asia/Pacific region generates more than half of Intel’s revenues.
Competitive Landscape The industry depends highly on demand from the computer industry and makers of telecommunications products, which can vary sharply from year to year. Companies can be successful producing standard parts at low cost or by producing highly specialized components. Small companies can compete effectively with large ones by producing specialized products or developing new applications. Technological expertise is extremely important. The industry is highly automated: average annual revenue per employee is about US$250,000.
Intel Corporation (HQ) Chairman Craig R. Barrett 2200 Mission College Blvd. Santa Clara, CA 95054-1549 United States Phone: 408-765-8080 Fax: 408-765-3804 Toll Free: 800-628-8686
http://www.intel.com Intel Corp. Subsidiaries Havok.com Inc. IM Flash Technologies, LLC Intel (China) Ltd.
Las Vegas Sands Corp. (LVS) Up-date 6
Last Look: August 6, 2009
January 12, 2010 Paul A. Ebeling, Jnr. Analyst Today, let’s look at Las Vegas Sands Corp. (LVS), the international casino/resort operator, from a Technical POV. The overall indications, after Monday’s (January 11, 2010) market action, are Neutral: in the near term Neutral, mid-term Neutral, and long term Neutral. The recent Candle Stick Analysis is: Very Bearish
**Chart by: http://www.stockta.com
Latest News: Las Vegas Sands Top Casino of Y 2010 http://www.thestreet.com/_yahoo/story/10658586/1/las-vegas-sands-top-casino-of-2010-poll.html? cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA Mondayâ€™s Market Action
There is a DOJI on January 11, and two Gaps open up between January 4 and 5, 2009 at 15.20/16.96, the near term resistance is 18.51, support at 18.18, and the 50 day (EMA) exponential moving average is 16.22. This is Las Vegas Sands Corp. (LVS): The Venetian Casino Resort (owned by Las Vegas Sands) brings a touch of Venice to the Las Vegas Strip. Replete with gondoliers and a replica of the Rialto Bridge, the Venetian offers a 120,000-sq.-ft. casino and a 4,000-suite hotel, as well as a shopping, dining, and entertainment complex. Las Vegas Sands also operates the Congress Center conference facility that links the casino to the nearby Sands Expo Center trade show and convention center. In addition, the firm
operates The Sands Macao casino in China, and The Palazzo Casino next door to the Venetian in Las Vegas. Chairman and CEO Sheldon Adelson and trusts for his family own nearly 70% of the firm. The Competitive Landscape Growth in consumer income and state spending has driven expansion of the US gambling industry. The profitability of individual companies depends on efficient operations and effective marketing. Large operators have the financial resources to make large investments in facilities and efficient computer operations, and have cross-marketing opportunities. Small gambling facilities can thrive by catering to a local clientèle. The industry is fairly labor-intensive: annual revenue per employee is US$90,000. Gambling Operations Industry Forecast USA personal consumption expenditures for participant amusements and pari-mutuel net receipts, which include gambling operations, are forecast to grow at an annual compounded rate of 5 % between 2008 and 2013. Las Vegas Sands Corp. (HQ) Chairman, CEO, and Treasurer Sheldon G. Adelson 3355 Las Vegas Blvd. South Las Vegas, NV 89109 United States Phone: 702-414-1000 Fax: 702-414-4884 http://www.lasvegassands.com
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