The Red Roadmaster’s US Market Re-cap + Stock Talk ™
5 November 2009
Date Line: Hong Kong (SAR) China
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US stocks rallied (the S&P 500 rose as high as 1,061.00 and the NAS touched 2,081.00) and faded but closed in the Green.
Re-cap of the US Stock Market Action for the session ending 4 November 2009 The DJIA gained 30.23 pts, or 0.31%, to close at 9,802.14, after moving up 156.13 pts, or 1.6%, in the hour after the FOMC statement to touch a session high at 9,928.04. The S&P 500 closed up 1.09 pts, or 0.10%, to close at 1,046.50, but the leading NAS tallied up a -1.80 pts, or 0.09%, to end the session at 2,055.52. Yesterday after the US Federal Reserve said it would keep rates near zero for "an extended period" even as it expressed confidence in the economic recovery, as expected by this observer. The US$ lost ground and stocks and commodities showed strength. Gold futures prices had hit a new intra-day record high at US$1096.50oz, faded and settled with a fractional gain. However, in electronic trade, Gold prices have ticked higher toward US$1098oz. Crude Oil futures prices closed 1.0% higher at US$80.36 bbl on an unexpected draw in weekly inventories. After the closing Bell, Cisco Systems Inc (Covered in Stock Talk) gained 3.1% to US$24.02/shr after the network equipment seller said quarterly revenue rose more than expected from its previous quarter. The company also said its board authorized up to US$10B in additional stock buy backs. Advancing Sectors: Health Care (+1.3%), Tech (+0.7%), Utilities (+0.7%), Consumer Staples (+0.5%), Telecom (+0.4%) Declining Sectors: Financials (-1.5%), Industrials (-0.2%), Consumer Discretionary (0.1%), Energy (-0.1%), Materials (-0.1%) Volume and Breadth: Trade was below average on the NYSE, with 1.35b/shrs changing hands, short of last year's estimated daily average of 1.49B/shrs, and on the NAS, about 2.25B/shrs traded, roughly equal to last year's daily average of 2.28B/shrs. Advancers outnumbered decliners on the NYSE by a ratio of 8 to 7, and on the NAS, about eight stocks fell for every five that rose.
Stocks to Watch Today Apple, Inc (AAPL), Cisco Systems, Inc. (CSCO), GetFugu, Inc. (GFGU),Google Inc. (GOOG), Intel Corporation (INTC).
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Apple, Inc. (AAPL) Up-date 41
Last Look: October 19, 2009
November 5, 2009 Paul A. Ebeling, Jnr. Analyst Today let’s look at Apple, Inc (APPL), the creator of the iPhone and other wonderful stuff, from a Technical POV. The overall indications, after Wednesday’s (November 4, 2009) market action is Bullish; in the near term Neutral, mid-term Very Bullish, and long term Very Bullish. Recent Candlestick analysis: Very Bullish.
**Chart by: http://www.stockta.com
Latest News: Apple's Shocking App Store Numbers http://blogs.forbes.com/digitaldownload/2009/11/apples-shocking-app-store-numbers/?partner=yahootix
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Wednesday’s Market Action Close 190.81 + 2.06
Volume 17,416,200/shrs
There is a DOJI on November 4, and seven Gaps open up between May 26, and November 4, 2009 at 124.18/190.23, the near term resistance is at 196.68, support at 189.39, and the 50 day exponential moving average is 184.42. This is Apple, Inc. (AAPL): Apple, the world’s computer/gadget innovator has caused a revolution in personal computing and digital media distribution. The company's desktop and laptop computers feature its OS X operating system, they include its Mac mini, iMac, and MacBook for the consumer and education markets, and powerful Mac Pro and MacBook Pro for high end consumers and professionals involved in design and publishing. Apple posted a huge success with its iPod digital music players, and iTunes, its online music store. Other Apple products: iPhone mobile phones, Xserve, servers, Airport, wireless networking equipment, plus publishing and multimedia software. Apple’s FileMaker sub provides database software. Apple, Inc. ranks #103 in the Fortune 500 Companies List.
The Competitive Landscape Computer product demand is directly tied to consumer and business income. The profitability of individual computer companies depends on purchasing and production efficiencies, and on technological expertise. Large companies have economies of scale in purchasing and production. Small companies can compete successfully by specializing in certain products or by developing superior technology. The industry is capital-intensive and highly automated: annual revenue per employee is about US$500,000. The output of US computer manufacturing is forecast to grow at an annual compounded rate of 4.7 % between 2008 and 2013.
Apple, Inc. (HQ) Steven P. (Steve) Jobs, CEO and Director 1 Infinite Loop Cupertino, CA 95014 United States http://www.apple.com
Apple Subsidiaries Apple Computer (UK) Limited FileMaker, In
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Cisco Systems, Inc (CSCO) Up-date 12
Last Look: October 15, 2009
November 5, 2009 Paul A. Ebeling, Jnr. Analyst Today let’s look at Cisco Systems, Inc. (CSCO), the backbone of the Internet, from a Technical POV. The overall indications, after Wednesday’s (November 4, 2009) market action, are overall Neutral, in the near term Neutral, mid-term Neutral, and long term Very Bullish. The recent Candle Stick analysis is: Very Bearish.
**Chart by: http://www.stockta.com
Latest News: Cisco beats forecasts, recovery under way http://www.reuters.com/article/marketsNews/idCNN0451599320091105?rpc=44
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Wednesday’s Market Action Close 23.45
+ .38
Volume 65,480,800/shrs.
There is a DOJI on November 4, and two Gap open up between July 15 and 20, 2009 at 18.94/20.84 support at 22.45, the near term resistance is 23.45, the 50 day exponential moving average at 23.01. 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
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GetFugu, Inc. (GFGU) Up-date-1
Last Look: September 1, 2009
November 5, 2009 Paul A. Ebeling, Jnr. Analyst Today, let’s look at GetFugu, Inc. (GFGU), the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform, from a Technical POV. The overall indications, after Wednesday’s (November 4, 2009) market action, are Neutral: in the near term Neutral, mid-term Bearish, and long term Bearish. The recent Candle Stick analysis is: Very Bullish
**Chart by: http://www.stockta.com
Latest News: NIL
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Wednesday’s Market Action Close .45
+ .12
Volume 558,400/shrs
There is a Bullish Engulfing Candle on November 4, 2009 and one Gap open down on October 9, 2009, the near term resistance is .45, support at .29 , and the 50 day (EMA) exponential moving average is .53. This is GetFugu, Inc. (GFGU): The Company is the first technology architect to provide a carrier agnostic, platform agnostic mobile search platform. GetFugu will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phones' core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile hot-spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
Competitive Landscape NIL GetFugu, Inc. (HQ) Bernard Stolar Chief Exec. Officer and President
Web Site: http://www.getfugu.com
Google Inc. (GOOG) Up-date 14
Last Look: September 29, 2009 7
November 5, 2009 Paul A. Ebeling, Jnr. Analyst Today, let’s look at Google Inc. (GOOG), the Internet Search Engine leader, from a Technical POV. The overall indications, after Wednesday’s (November 4, 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: Bearish.
**Chart by: http://www.stockta.com
Latest News: Targets for Google's Merger Machine http://www.businessweek.com/technology/content/oct2009/tc20091029_058335.htm?campaign_id=yhoo Wednesday’s Market Action Close 540.33 + 3.04 Volume 2,333,300/shrs
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There is a DOJI on November 4, and two Gaps open up between July 30 and Aug 20, 2009 at 437.80/451.23, the near term resistance is 556.72, support at 540.06, and the 50 day (EMA) exponential moving average is 509.88. This is Google Inc. (GOOG): Google operates the leading Internet search engine, offering targeted search results from billions of Web pages. Results are based on a proprietary algorithm -Google's technology for ranking Web pages is called PageRank. The company generates nearly all of its revenue through ad sales. Advertisers can deliver relevant ads targeted to search queries or Web content. Google also operates the Google Network, a network of third party customers that use Google's advertising programs to deliver relevant ads to their own Web sites. Founders Sergey Brin and Larry Page each have nearly 30% voting control of the company.
The Competitive Landscape Demand comes largely from corporations that sell consumer products, and telecommunications, entertainment, and financial services. The profitability of individual companies depends on creative skills and good marketing. Large companies are advantaged in being able to serve the varied needs of large customers, but small companies can be competitive through special talent or lower pricing or through special services. The industry is labor intensive, but the high value of the product produces annual revenue per employee of about US$150,000. Advertising and Marketing Industry Forecast
The output of US advertising services is forecast to grow at an annual compounded rate of 5.5 % between 2008 and 2013. Google Inc. (HQ) Chairman & Chief Exec. Officer Eric E. Schmidt Ph.D. 1600 Amphitheatre Parkway Mountain View, CA 94043 United States Phone: 650-253-0000 Fax: 650-253-0001 http://www.google.com
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Intel Corporation (INTC) Up-date 11
Last Look: September 29, 2009
November 5, 2009 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 Wednesday’s (November 4, 2009) market action, are Neutral: in the near term Neutral, mid-term Bearish, and long term Neutral. The recent Candle Stick analysis is: Very Bullish
**Chart by: http://www.stockta.com
Latest News: There's No Bubble In Tech Stocks http://www.forbes.com/2009/11/04/semiconductors-bull-market-intelligent-investing-bubble.html? partner=yahootix
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Wednesday’s Market Action Close 18.59
+ .09
Volume 85,833,300/shrs
There is a Homing Pigeon on November 4, and one Gap open up on July 15, 2009 at 16.89/17.72, the near term resistance is 18.77, support at 16.99, and the 50 day (EMA) exponential moving average is 19.40. 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. Disclaimer
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