4th August, 2009
Paul A. Ebeling, Jr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highlyregarded financial market letter, read by opinion makers, business leaders and organizations around the world. Ebeling has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/ Support Levels.
Paul A. Ebeling, Jr. firstname.lastname@example.org
The Red Roadmasterâ€™s US Market Re-cap + Stock Talk â„˘
August 4, 2009 Date line South Hampton, NY. Stronger than expected earnings and data signals that the recession is coming to a end and drives the Market North
Re-cap of the US Stock Market Action for August 3, 2009 US Stocks rose on Monday sending the S&P 500 index above 1,000 for the first time in nine months, last Friday, the S&P 500 ended the month of July with its best five-month winning streak since 1938, and it is now up 48% since hitting a 12-year closing low on March 9, 2009 and bouncing. A documented Red Roadmaster market call. The leading NAS closed above 2,000 for the first time since early October in an extension of Rally. The DJIA closed up 114.95 pts, 1.25%, to close at 9,286.56, the S&P 500 rose 15.15 pts, 1.53% to close at 1,002.63, and the NAS tallied up 30.11 pts,1.52%, to end the session at 2,008.61. Financial stocks rallied after a number of major European banks, including HSBC and Barclays, over night let the world know they would get through the worst of the recession. . Volume and Breadth: Trade was below average on the NYSE, with 1.21B/shrs changing hands, under last year's estimated daily average of 1.49B/shrs, and on the NAS, about 2.18B/shrs traded, below last year's daily average of 2.28B/shrs. Advancing stocks outnumbered decliners on the NYSE by a ratio of 5 to 1, and on the NAS, about nine stocks rose for every four that fell. Stocks to Watch Today
American International Group, Inc. (AIG), Bank of America (BAC), Cisco Systems, Inc. (CSCO), and Ford Motor Company (F).
American International Group, Inc. (AIG) Up-date 18 August 4, 2009 Paul A. Ebeling, Jr. Analyst Today letâ€™s look at American International Group, Inc. (AIG), one of the World's largest insurance firms, from a Technical POV. The overall indications, after Mondayâ€™s (August 3, 2009) market action is Neutral, in the near term Neutral, mid-term Bearish, and long term Bearish. The recent Candle Stick analysis is: Bullish.
**Chart by: http://www.stockta.com
Latest News: AIG Selects Ex-Chief of MetLife as CEO http://online.wsj.com/article/SB124931167159301597.html?ru=yahoo#mod=yahoo_hs
Mondayâ€™s Market Action Close 13.60
There is a Homing Pigeon on July 30 and no Gaps open up or down of the Char, the near term resistance is 19.12, support is 13.17, and the 50 day (EMA) exponential moving average is 20.70 This is American International Group, Inc. (AIG): the Company through its subsidiaries provides insurance and financial services in the United States and internationally. It operates in four segments: General Insurance, Life Insurance and Retirement Services, Financial Services, and Asset Management. The General Insurance segment underwrites various business insurance products, including large commercial or industrial property insurance, excess liability, inland marine, environmental, workers compensation, and excess and umbrella coverageâ€™s. This segment also offers various specialized forms of insurance, such as aviation, accident and health, equipment breakdown, directors and officers liability, difference-in-conditions, kidnap-ransom, export credit and political risk, and professional errors and omissions coverageâ€™s. In addition, it provides property and casualty reinsurance products to insurers; automobile insurance products; residential mortgage guaranty insurance products; and second-lien and private student loan guaranty insurance products. The Life Insurance and Retirement Services segment offers individual and group life, payout annuities, endowment, and accident and health policies, as well as retirement savings products consisting of fixed and variable annuities. The Financial Services segment provides aircraft and equipment leasing, capital market transactions, consumer finance, and insurance premium financing. The Asset Management segment operations comprise investment-related services and investment products, including institutional and retail asset management, broker-dealer services, and spread-based investment products. The company was founded in 1967 and is based in New York, New York.
Competitive Landscape Demand is driven by demographics and commercial transactions. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital. Small companies can compete successfully by specializing in particular products or industries. Insurance Carriers Industry Forecast The output of US insurance, which is an indicator for insurance carriers, is forecast to grow at an annual compounded rate of 1 % between 2008 and 2013. Data Sourced: December 2008
American International Group, Inc. (HQ) Chairman of AIG Investments and Chief Exec. of AIG Investments Win Jay Neuger CFA 70 Pine Street New York, NY 10270 United States Phone: 212-770-3099 Fax: 212-425-3499 http://www.aig.com
AIG Subsidiaries and Affiliates
21st Century Insurance Company AIG American General Life Companies AIG Annuity Insurance Company
Bank of America (BAC) Up-date 55 August 4, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at Bank of America (BAC), the USA’s big brand bank, from a Technical POV. The overall indications, after Monday’s (August 3, 2009) market action are, overall Bullish., in the near term Neutral, mid-term, Bullish, and long term Bullish. The recent Candle Stick analysis is Neutral.
**Chart by: http://www.stockta.com
Latest News: Bank of America http://www.ft.com/cms/s/a4e41774-8071-11de-bf0400144feabdc0,Authorised=false.html?_i_location=http://www.ft.com/cms/s/1/a4e41774-8071-11de-
Monday Market Action Close
There are three Gaps open up between Mar 10, and Aug 3, 2009 at 3.77/14.82, the near term resistance is NIL, support at 14.78, and the 50 day (EMA) exponential moving average is 12.42. This is Bank of America (BAC): This Company has operations in 32 states, the District of Colombia and 44 foreign countries. In the US it has more than 6,000 retail banking centers and 18,500 ATMâ€™s. Two key areas of business for this company are Global Consumer and Small Business Banking. Global Corporate and Investment Banking provide comprehensive financial solutions to their institutional clients. Global Wealth and Investment Management offers banking and investment services to more than 3 million individual and institutional customers World Wide. Recent Major developments have afforded the opportunity to purchase various marquee businesses such as Countrywide Financial, LaSalle Bank, U.S. Trust Corp, MBNA, and FleetBoston. Acquiring of these businesses will provide BAC a strong presence in their mutually respective core markets.
Competitive Landscape Leveraged loans, collateralized debt obligations and subprime-related assets will continue to be a source of uncertainty for the entire sector. Government intervention has played a role in strengthening bank balance sheets and consumer confidence. The government recently released a framework for the purchase of the aforementioned toxic assets. The industry is heavily tied to the extension of credit to credit worthy consumers. As deterioration in consumer based businesses continues in the US coupled with tighter lending standards, banks will find it difficult to identify lucrative investment opportunities.
Bank of America (HQ) Chairman and Chief Director: Walter E Massey 100 North Tryon St. 18th Fl Charlotte, NC 28255 United States Phone: 704-386-5681 Fax: 704-356-6699 http://www.BankofAmerica.com
Cisco Systems, Inc (CSCO) Up-date 10 August 4, 2009 Paul A. Ebeling, Jr. Analyst Today letâ€™s look at Cisco Systems, Inc. (CSCO), the backbone of the Internet, from a Technical POV. The overall indications, after Mondayâ€™s (August 3, 2009) market action, are overall Bullish, in the near term Bullish, mid-term Bullish, and long term Neutral. The recent Candle Stick analysis is: Bullish.
**Chart by: http://www.stockta.com
Latest News: Cisco Outlines Q-4 Y 2009 Technology & Customer Highlights http://finance.yahoo.com/news/Cisco-Outlines-4th-Quarter-iw-3263970510.html?x=0&.v=1
Mondayâ€™s Market Action Close 22.57 +.56
There is a Bullish Engulfing Candle on July 31 and three Gap open up between July 15 and August 3, 2009 at 18.94/22.19 support at 22.56, the near term resistance is NIL, the 50 day exponential moving average at 19.88. This is Cisco Systems (CSCO): Cisco Systems routes packets and routs competitors with equal efficiency. The Company dominates the market for IP-based networking equipment, providing routers and switches used to direct data, voice, and video traffic. Some of their other products include remote access servers, IP telephony equipment, optical networking components, Internet conferencing systems, set-top boxes, and network service and security systems. Cisco sells its products primarily to large enterprises and telecommunications service providers, but it also markets products designed for small businesses and consumers through its Linksys division. If you are connected to the internet via a wireless network at home or in your office you likely have Linksys system. Note: The industry sector in which Cisco competes depends on purchases from businesses, telephone companies, cable companies, data communications providers, + TV and radio broadcasters.
Competitive Landscape Profitability for individual companies with in the sector is linked to technical innovation and the ability to secure high-volume contracts from large customers. Small companies can be successful if they make highly specialized products. There are large economies of scale in manufacturing standard products, but many products are specialized and produced in small manufacturing plants. Annual revenue per employee in a large plant varies from US$500,000 to US$1M. The output of US communication equipment manufacturing is forecast to grow at an annual compounded rate of 2 percent between 2007 and 2012. Cisco Systems, Inc. (HQ) John T. Chambers, Chairman and CEO 170 WEST TASMAN DR SAN JOSE CA 95134-1706 4085264000 Phone: 408-526-4000 Fax: 408-526-4100 www.cisco.com
Ford Motor Company (F) Up-date 9 August 4, 2009 Paul A. Ebeling, Jr. Analyst Today let’s look at Ford Motor Company (F), one of the world’s leading carmakers, from a Technical POV. The overall indications, after Monday’s (August 3, 2009) market action, are Bullish: in the near term Bullish, mid-term Bullish, and long term Bullish. The recent candlestick analysis is Neutral.
**Chart by: http://www.stockta.com
Latest News: Asian markets mostly higher on gains in commodity prices, strong Wall Street performance http://finance.yahoo.com/news/Asian-markets-rise-on-apf-417382209.html?x=0&.v=7
Monday’s Market Action
There is a Bearish Harami on July 28 and six Gaps open up between Apr 2 and August 3, 2009 at 2.80/58.30: the near term resistance is at 8.33, support at 7.15, and the 50 day exponential moving average is 6.11. This is Ford Motor Company (F): Henry Ford began the US manufacturing revolution with his innovative mass production assembly lines in the early 1900s. The company is now a brand known around the world and firmly thought of by consumers as one of the world's largest makers of cars and trucks. FoMoCo’s brands include: Ford, Lincoln, and Mercury. Among its biggest current successes are the re-designed Ford Mustang and F-Series pickup. Ford owns a small stake in Mazda and also controls Volvo. The Company’s Finance subsidiary Ford Motor Credit is one of the US's leading auto finance companies. After clearing all of the antitrust and labor hurdles, Ford recently sold its Euro Luxury brands Land Rover and Jaguar to India-based Tata Motors for about US$2.3B in 2008. Ford is ranked #7 in FORTUNE 500; The Competitive Landscape The Top Ford Motor Competitors are, Chrysler, General Motors, and Toyota US auto demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing quality, efficiency, and marketing. The large carmakers produce multiple product lines that are marketed under different brand names. The smaller companies manufacture a fewer or single branded product lines. The large companies have the advantage of economy of scale, whereas the smaller companies compete by focusing on specialized markets. Due to highly automated manufacturing processes, the average annual revenue per employee is about US$1.4MM. Auto Manufacture Industry Forecast The output of US motor vehicles manufacturing is forecast to grow at an annual compounded rate of 8 % between 2008 and 2013.
Ford Motor Company (HQ) Chairman William Clay (Bill) Ford Jr. President, CEO, and Director Alan R. Mulally 1 American Rd. Dearborn, MI 48126-2798 United States Phone: 313-322-3000 Fax: 313-845-6073 Toll Free: 800-555-5259 http://www.ford.com
Ford Motor Subsidiaries AutoAlliance International, Inc. Changan Ford Mazda Automobile Corporation, Ltd. Ford Division
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