The Red Roadmaster’s US Market Re-cap + Stock Talk ™
October 28, 2009
Date Line: Hong Kong (SAR) China st
Alert: Red Roadmaster looks at America’s Minority Health Network Inc. (AHMN) for the 1 time.
US Stock Market closed mixed as consumer confidence falls, and home prices climb
Re-cap of the US Stock Market Action for the session ending 27 October 2009 The DJIA rose 14.21 pts, or 0.14%, to close at 9,926.53, the S&P 500 closed down 3.54 pts to close at 1,063.41 and the NAS tallied up a minus 25.76, or 1.2%, to end the session at 2,116.09. So far about 46% of the S&P 500 companies have reported results, and 80% beat the Street’s earnings estimates. Exxon Mobil Corp. and Chevron Corp. rose as Crude Oil gained on increased optimism the economy is emerging from the recession. Shares of Exxon rose US$1.68, or 2.29%, to US$74.91/shr. Shares of IBM Corp., a major DJIA component, rose 54cents, or 0.45%, after the company said its board of directors has authorized another US$ 5B to buy back stocks. The Standard & Poor's/Case-Shiller home price index of 20 major cities climbed 1% from July to a reading of 144.5, another sign for a housing recovery. While prices are down 11.4% from August a year ago, the annual declines have slowed since February. nd
Confidence among US consumers unexpectedly fell in October for a 2 month on jobless concerns. The Conference Board's confidence index dropped to 47.7 from a revised 53.4 in September. Economists had expected a slight increase. Trading volume was higher this session than in recent sessions, but still shy of longer-term averages, the volume spiked into the close. NAS Adv/Vol/Dec 869/2.58B/1806 NYSE Adv/Vol/Dec 995/1.41 B/2031 Advancing Sectors: Utilities (+0.2%) Declining Sectors: Financials (-1.9%), Consumer Discretionary (-1.5%), Health Care (-1.3%), Materials (-1.3%), Consumer Staples (-0.9%), Industrials (-0.9%), Energy (-0.2%), Tech (-0.2%) Unchanged: TelecomDJ30 -92.12 NASDAQ -12.74 NQ100 -0.2% R2K -1.4% SP400 -1.1%
Stocks to Watch Today America’s Minority Health Network Inc. (AHMN), First Solar, Inc. (FSLR), Hess Corporation (HES), and Quest (Q).
America’s Minority Health Network Inc. (AHMN) October 28, 2009 Paul A. Ebeling, Jnr. Analyst Today, let’s look at America’s Minority Health Network Inc. (AHMN), the provider of hi-definition TV to waiting rooms in doctor’s offices primarily serving the African-American community in the USA, from a Technical POV. The overall indications, after Tuesday’s (October 27, 2009) market action, are Very Bullish: in the near term Very Bullish, mid-term Bullish, and long term Very Bullish. The recent Candle Stick analysis: Very Bullish.
**Chart by: http://www.stockta.com
Latest News: America's Minority Health Network Airs New Healthcare Segments Produced by Saddle Ranch Productions, Inc. http://finance.yahoo.com/news/Americas-Minority-Health-bw-2427129596.html?x=0&.v=1
Tuesday’s Market Action Close 1.42
There is a Bullish Engulfing Candle on October 27,, and three Gaps open up between February 27 and September 29, 2009 at .67/.95, the near term resistance is 1.44, support at 1.25, and the 50 day (EMA) exponential moving average is 0.91. This is America’s Minority Health Network Inc. (AHMN): the company provides a 32-inch, hi-definition TV screen to waiting rooms in doctor’s offices primarily serving the African-American population of the United States. Black Americans, especially, are prone to diseases such as diabetes, obesity, sickle cell anemia, and others specific to their race. Plans include widening their focus to the Latino population. Latinos, too, suffer from diabetes and obesity out of proportion to their still-minority status in the U.S. Because they do not traditionally keep up with medical news for a variety of reasons, direct-to- consumer broadcasts via broadband Internet to doctor’s offices is a unique way to inform and protect these vulnerable societies. AHMN is supported by targeted advertising from healthcare facilities, such as hospitals, pharmacies, and other practitioners, who are drawn to AMHN’s captured audiences in waiting rooms. The Company performs a needed service, while drawing revenue from sponsors for their programming. Each month, the network digitally delivers updated healthcare segments and advertising by broadcasting in high definition directly to waiting rooms of 100 subscribing African American medical offices across the United States, with an estimated 100,000 viewers. AHMN plans a rollout for an additional 900 locations. AMHN has tapped one of the fastest growing markets. Patients are better educated, physicians provide better care, and advertisers have access to markets that were previously untouched by their advertising dollars. Once AHMN has 10,000 locations they could have an anticipated revenue stream of US$62M with an EBITDA of US$32M.
Competitive Landscape NIL
America’s Minority Health Network (HQ) Sky Kelley, President 345 North Maple Drive Suite 208 Beverly Hills, California 90210 USA
First Solar, Inc. (FSLR) Up-date 2
Last Look: October 2, 2009
October 28, 2009 Paul A. Ebeling, Jnr. Analyst Dear Reader, Today letâ€™s look at First Solar, Inc. (FSLR), the developer and maker of photovoltaic (PV) cells, from a Technical POV. The overall indications, after Tuesdayâ€™s (October 27, 2009) market action, are Neutral, in the near term Bearish, in the mid-term Neutral, and in the long term Bullish. The recent Candle Stick analysis is: Very Bearish.
**Chart by: http://www.stockta.com
Latest News: Global Warming Is a Myth: James Altucher Says Invest for a Colder Planet
Tuesdayâ€™s Market Action Close 150.22
There is a DOJI on October 26, and three Gaps open up between September 8 and September 16, 2009 at 121.47/143.53, the near term resistance is 151.23, support at 142.78, and the 50 day (EMA) exponential moving average is 149.25.
This is First Solar, Inc. (FSLR): The Company designs, manufactures, and sells solar electric power modules using a proprietary thin film semiconductor technology. The companyâ€™s solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It sells its products to project developers, system integrators, and operators of renewable energy projects primarily in Europe. First Solar also focuses on designing and deploying commercial solar projects for utilities in the United States. The company was founded in 1999. It was formerly known as First Solar Holdings, LLC, and changed its name to First Solar Holdings, Inc. and subsequently to First Solar, Inc. in 2006. The company is headquartered in Tempe, Arizona.
Industries Where First Solar Competes
Power Generation & Storage (primary) Electronics Electrical Products
First Solar, Inc. (HQ) Chairman and Chief Exec. Officer; Michael J. Ahearn 350 West Washington Street Suite 600 Tempe, AZ 85281-1244 United States Phone: 602-414-9300 Fax: 602-414-9400 http://www.firstsolar.com
Hess Corporation (HES) Up-date 1
Last Look: April 29, 2009
October 28, 2009 Paul A. Ebeling, Jnr. Analyst Today, let’s look at Hess Corporation (HES), the large international integrated oil and gas company, from a Technical POV. The overall analysis after Tuesday’s (October 27, 2009) market action is Bullish: in the near term Bullish, mid-term Neutral, and long term Bullish. The recent Candle Stick analysis is:
**Chart by: http://www.stockta.com
Latest News: Take Your Position: Big Oil http://www.cnbc.com/id/33496602/site/14081545?__source=yahoo|headline|quote|text|&par=yahoo Tuesday’s Market Action
There is a Bullish Harami on October 27 and one Gap open up on October 6, 2009 at 54.05/54.29 and, the near term resistance is 58.70, support at 57.11, and the 50 day (EMA) exponential moving average is 56.01. This is Hess Corporation (HES): This integrated oil and gas company conducts exploration and production in primarily in Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Peru, Russia, Thailand, the UK and the US. In 2008 Hess reported proved reserves total more than 1.4 billion barrels of oil equivalent. It operates a 50%owned refinery (HOVENSA) in the US Virgin Islands and a smaller one in New Jersey, and it markets gasoline through about 1,370 HESS gas stations, chiefly in the eastern US. It also provides power to customers in the Northeast and Mid-Atlantic. CEO John Hess owns about 14% of the company. Competitive Landscape The volume of consumer and commercial driving drives demand. The profitability of individual companies depends on the ability to secure high-traffic locations, generate high-volume sales, and buy gas at the lowest possible cost. Large companies have advantages in purchasing and finance. Small companies can compete effectively by having superior locations. Average annual revenue per worker is US$300,000. Gas Stations Industry Forecast
US personal consumption expenditures of gasoline and oil, all major indicators for gas stations, are forecast to decline at an annual compounded rate of 1 % between 2008 and 2013. Data Sourced: December 2008 Hess Corporation (HQ) John B. Hess, Chairman and Chief Exec. Officer 1185 Avenue of the Americas New York, NY 10036 United States Phone: 212-997-8500 Fax: 212-536-8390 http://www.hess.com Hess Corporation Subsidiaries
Hess Limited HOVENSA, L.L.C. WILCOHESS, LLC
Qwest Communications International Inc. (Q) Up-date 1
Last Look: June 17,
2009 October 28, 2009 Paul A. Ebeling, Jnr. Analyst Today, letâ€™s look at Qwest Communications International Inc. (Q), spanning the globe with its highcapacity broadband fiber-optic network, from a Technical POV. The overall indications, after Tuesdayâ€™s (October 27, 2009) market action, are Bearish: in the near term Neutral, mid-term Bearish, and long term Bearish. The recent Candle Stick Analysis is: Bearish
**Chart by: http://www.stockta.com
Latest News: Calendar of major business events scheduled for Wednesday http://finance.yahoo.com/news/Major-business-events-apf-145262819.html?x=0&.v=1
Tuesday’s Market Action Close 3.45 - .04
There is a Bearish Harami on October 23, and no Gaps open up or down on the Chart, the near term resistance is 3.61, support at 3.42, and the 50 day (EMA) exponential moving average is 3.68. This is Qwest Communications International Inc. (Q): the company is among the leading US local phone providers and serves nearly 12 million access lines in a 14-state region stretching from Arizona north to Wyoming and east to Minnesota. Qwest also provides long-distance and international calling as well as broadband data, voice, and video services to business customers. The company's wholesale network extends outside of its local service area linking major global metropolitan areas and providing high-volume transmission capacity and other wholesale services to other carriers and resellers.
Competitive Landscape Demand is driven by technological innovation and by growth in business activity. The profitability of individual companies depends on efficient operations and good marketing. Large companies have big economies of scale in providing a highly automated service to large numbers of customers, and have the financial resources required to build and maintain a large network. Smaller companies can compete effectively only in small markets or by providing specialty services. Because of the large degree of automation, average revenue per employee is a high US$300,000. Telecommunication Services Industry Forecast The output of US telecommunications is forecast to grow at an annual compounded rate of 4% between 2008 and 2013. Data Sourced: December 2008
Qwest Communications International Inc. (HQ) Edward A. Mueller Exec. Chairman and Chief Exec. Officer 1801 California Street Denver, CO 80202 United States Phone: 303-992-1400 Fax: 303-896-8515 http://www.qwest.com
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