Stocks Go up on Thursday and Recover Some Losses

A slight recovery in the economy, better job growth prospects and encouraging news on home sales have buoyed stocks on Wall Street on Thursday. With just one day of trading left this year, Dow Jones Industrial Average went up 136 points nearly covering the lost ground of 140 points the day before. The Standard & Poor’s 500-stock index also rose to positive territory for 2011.

The encouraging factors included the four-week average of unemployment claims that plunged to a three-and-a-half year low indicating that hiring is slowly picking up, and the increase in the number of home sales in November that registered a more than 7 percent rise and reached its highest level in a year and a half.

The Dow registered a gain of 135.63 points, or 1.1 percent and it closed at 12,287.04. It is up 709 points, or 6 percent for the year. The S&P 500 Index went up 13.38 points, or 1.07 percent, to 1,263.02 going up just six points above where it started the year. There was a rise of 23.76 points, or 0.92 percent in the Nasdaq composite which reached 2,613.74.

The Treasury’s 10-year note rose 6/32, to 100 29/32. The yield fell to 1.90 percent, from 1.92 percent late Wednesday.

Original Post :  Stocks Go up on Thursday and Recover Some Losses

Specialty Retailing Industry to Achieve the November SSS Consensus At Least

Analysts at Deutsche Bank Securities report on the performance of Specialty Retailing Industry this month.

In a research note published this morning, the analysts mention that based on 200+ stores holiday survey and scores of store visits, it is expected that the strength of Black Friday/Saturday and Cyber Monday to offset a part of Europe driven macro concerns. The analysts believe that November industry SSS consensus looks achievable to the least on Thursday. Irrespective of the solid sales, the analysts are watchful of the heavy inventory given warm temps. The analysts find gross margins to be the line item look for. 4Q consensus already looks for -140 bp y/y, so perhaps ‘low enough’. Anthro./Urban (Buy, $25.20) screened better in our checks, Abercrombie (Hold, $44.64) /Hollister less so, the analysts add. 

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Tips on how to make money fast in the stock market

Stock exchanges are commercial trading platforms for organizations and investors. Aggressive investment with lofty chances of immense returns has proven good for many investors but not for all. There are few basic principles which can yield better returns in the stock market. A regular monitoring of the stock analysis conducted by expert analysts, help a lot. When you are planning on how to make money fast, in the stock market, you have to be smart enough. It is worth mentioning that in case of fast money making with stock investments, there are always potential risks.

There are several stocks which get launched with massive promotional campaigns. In case of stocks, when a particular one gets exposure, the price sharply rises. For new investors, it is best to regularly check the newsletters; moreover there are several paid services which intimates about the future stocks to be promoted. Many investment analysts propose penny stocks as ideal ones which will rise in value. It is a fact that in most of the cases, penny stocks or the stocks with a value of around $3-$5 a share, provides alluring returns but there are stories of exceptions as well.

All penny stocks cannot offer positive returns as a corporation’s new developments might not be successful in the market. Similarly many of the brokerage firms might suggest you to buy IPO; in the recent past, investors have reaped huge benefits by investing on IPOs. Especially, with the rise of the Chinese manufacturing industry, many of the Chinese IPOs have yielded huge returns. The underwriters can perfectly guide you when you are in search of an IPO.

Many stock investors are trying to be day traders; day trading is simply buying a stock and selling it within a single trading day. Again, in case of day trading also, there remain risks and you need to know how to mitigate the risks. It is best to subscribe to the online newsletters as these newsletters highlight the attractive stocks. In a day, you cannot develop all the necessary skills but with dedication and with your efforts, you can learn how to make money fast in the stock market.

There are few myths about stock market investment; from the very beginning, it is wise to avoid them:

1. Stock investment is like gambling
2. Only rich people and brokers make profits
3. Fallen stocks will rise eventually
4. Stocks with high value have high risks
5. A little knowledge of the market is preferable

Myths might mislead you when you want to know how to make money fast in the stock market. Stock investment is not at all like gambling. By developing strong analytical skills and business sense, one can understand the market index better. Rich investors and brokers are not the only beneficiaries but knowledgeable and intelligent traders or investors can also make profits. There are several fallen stocks that just cannot recover. Risk associated to any investment can never be estimated with valuation of any stock within the trading platform. Scarce knowledge is not enough while investing; you have to understand the market pulse and how the economy influences the market to make money fast with stock investments.

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Gold Prices Expect to Average $2,000/oz in H2 2012

Analysts at Deutsche Bank Securities provide an insight into Gold prices and demand.

In a research note published yesterday, the analysts mention that according to the report released by World Gold Council (WGC) the Gold demand has reached 1053.9 tons in Q3 2011, up 6% YoY, translating to a record level $58 billion. The investment demand up 33% YoY reflecting the overall growth in demand, as investors sought wealth preservation and portfolio diversification, while central banks continue to purchase. Despite gold price gyrations experienced in Q3 2011, the analysts remain optimistic on gold and expect prices to average $2,000/oz in H2 2012. The US Federal Reserve commits to keep interest rates on hold, while other central banks are seeking diversification and the continued backdrop of Euro Sovereign risk, the analysts add.

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Miramax Plans $142 Million Dividend for Investors with Refinancing

Reliable sources have revealed that Miramax, a producer of films, is planning to pay about $142 million as dividend to its investors. It will raise about $550 million to pay the dividends and to refinance debt that had been taken when the studio was bought from Walt Disney Co. by Colony and investor Ron Tutor for $660 million in December.
The owners will be able to reclaim some cash and will also be able to finance more debt at lower interest rates with the help of the asset-backed bond being offered by Miramax Film NY LLC. In May, Chief Executive Officer Mike Lang had said that since the time of the purchase, deals have been signed by the company with Netflix and Hulu for online distribution of films, and with others, to ensure profitability.
More than $100 million of the capital of the investors will still be retained by them. Standard & Poor’s said that Miramax’s library of more than 700 films and14 television serials will back the securities. Rights of more than 240 books and 300 development projects are also held by the company, as reported by S&P.
The sale is being managed by Barclays Capital and Jefferies Group Inc.

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