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Press Releases from Profit Confidential (88 total)

Higher Copper Prices Set to Drive Mining Stocks; Investigative Report by Profit …

Copper prices have bounced off the lows last year and, according to the article, The One Stock You Need to Know to Play the Copper Boom, by Sasha Cekerevac, contributor to Profit Confidential, there are many signs that this move up is only the beginning of a move that will push up mining stocks. In his article, Cekerevac notes that inventories of copper are sitting at lows not seen in

Corporate Insiders Bailing Out of Stocks, Profit Confidential Reports

There is a key indicator that is flashing a red warning sign, according to Michael Lombardi, lead contributor to Profit Confidential, and that is heavy insider selling, as he describes in his recent article Corporate Insiders Bailing Out of Stocks on February 16, 2012. Insiders consist of officers, directors and the largest shareholders of corporations. The ratio of insiders that are selling their shares is at a pace not seen since

Sony’s Troubles to Worsen with Apple’s iTV; Special Technology Report by Pro …

As reported in a recent Profit Confidential article, Sony Corporation has fallen on hard times due to corporate earnings being hit by tough competition in the TV sector. Just as Sony is trying to stop the bleeding, Sasha Cekerevac, contributor to popular financial newsletter Profit Confidential, that, if rumors of an Apple “iTV” are true, this could be a deadly blow to Sony. Currently Sony is on pace to lose

Stock Market Rally’s Near the End, Alarms Leading Financial Newsletter Profit …

The stock market had a fantastic January, but, according to Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential, there’s a lot to worry about beneath the surface and the stock market could be in for a sharp sell-off. Lombardi highlights that, of the companies in the S&P 500 that have released their fourth-quarter 2011 earnings reports, just 46% so far have beat market expectations, the lowest reading since the

The Real Story Behind the Unemployment Numbers; Profit Confidential Investigates

The Bureau of Labor Statistics reported that the U.S. created 243,000 jobs in January 2012, causing the unemployment rate to fall to a level not seen since February 2009: 8.3%. According to Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential, the drop in the unemployment rate was aided significantly by the fact that many Americans have simply given up looking for work. Those who have stopped looking for

What Gold and Silver Outperformance Means for Barrick and Goldcorp; Report by Pr …

Silver was up approximately 20% and gold up just over 11% for the month of January, according to popular financial newsletter Profit Confidential. Sasha Cekerevac, contributor to Profit Confidential, believes that there is more upside, although he cautions that there is going to be some consolidation of the gains before moving up. We’re looking at monetary stimulus worldwide being implemented over the next couple of years, Cekerevac. “This will inevitably create

What Wal-Mart and Costco Tell Us About the Economy; Report by Profit Confidentia …

In the retail sector, sales have been mixed, with discounters and big-box stores faring the best, as shoppers flock to Wal-Mart, Target and Costco stores. According to George Leong, contributor to popular financial newsletter Profit Confidential, the way consumers spend will likely dictate how the economy will fare in 2012. The reality is that consumer spending drives GDP growth, Leong. “With consumer spending accounting for about 70% of the GDP growth

Analysis of Oracle and Intel Earnings; Report on Technology by Profit Confidenti …

As reported in a recent article by popular financial newsletter Profit Confidential, Oracle Corporation disappointed investors with its earnings results, but Intel Corporation slightly beat the Street’s estimates. According to Mitchell Clark, contributor to Profit Confidential, even though there has been mixed earnings among large-cap technology companies, the sector has traded higher due to reasonable valuations. We’ve had a very good start to the year and this bodes well for the

The McDonald’s Formula for Performance; Exclusive Report by Leading Financial …

Mitchell Clark, contributor to Profit Confidential, points out that the stock market was flat over the last 12 months, while McDonald’s appreciated 35% not including dividends. Over the last two years, McDonald’s appreciated 60% on the stock market and, over the last five years, the stock went up 141% not including dividends. According to Clark, this proves that you can do just as well owning the right large-cap stocks as

Mattel and Whirlpool Show Signs of Future Inflation, Exclusive Report by Profit …

Mattel, Inc. and Whirlpool Corporation both stated rising material costs in their latest quarterly earnings, reports popular financial newsletter Profit Confidential. When the world’s largest appliance maker cites higher material costs as one of the major factors that impacted its latest earnings report, you have to pay attention, Michael Lombardi, lead contributor to Profit Confidential. Lombardi has looked at several blue-chip leaders and noted that all are citing rising commodity prices

Facebook in China and India Could Be Huge; Technology Report by Profit Confident …

One of the most important markets for Facebook will be China and India given the fact that the two countries account for a third of the world’s population, according to George Leong, contributor to Profit Confidential. The number of Internet users in China is number one in the world, with 505 million at the end of November 2011 and over 340 million smartphone users, according to Profit Confidential. Facebook knows the

Technology Wars: Profit Confidential Investigates RIM vs. Apple

Popular financial newsletter Profit Confidential reports that there has been a change in leadership at Research In Motion Limited (RIM) after the resignation of the company’s co-founders Mike Lazaridis and Jim Balsillie. George Leong, contributor to Profit Confidential, investigates the comparison between RIM and Apple. New CEO, Thorsten Heins, who is also the former COO, is not drawing rave reviews on Wall Street. The company really needs a visionary and I’m

Special Technology Profit Confidential Report: Google’s Quarterly Earnings Sho …

Google Inc. disappointed investors with its quarterly earnings release, according to a report by popular financial newsletter Profit Confidential, as the shares of the firm sold off hard. They were down over $50.00, or 7.8%, at the open of trading. Google actually had pretty good numbers in its quarterly earnings, with revenue rising 25% to $10.5 billion. The real problem is Google’s ability to communicate with investors what the future

What Caterpillar’s Earnings Are Telling Us About the Market: Profit Confidenti …

According to a recent article in Profit Confidential, Caterpillar Inc.’s fourth-quarter corporate earnings beat Wall Street’s consensus, growing 60% to $1.55 billion on a 24% jump in sales. Caterpillar guided 2012 above current consensus. Mitchell Clark, contributor to popular financial newsletter Profit Confidential, believes that the construction, mining and industrial manufacturer’s earnings say a lot about the current market and economy. “Probably as good a benchmark stock for the global economy

What Can Research In Motion Learn from IBM? A Report by Profit Confidential

A recent Profit Confidential article reports that the co-CEOs of Research In Motion Limited (RIM) stepped down amid a falling stock price, poor investor sentiment, falling corporate earnings growth, and increased shareholder pressure to find a way to compete with Apple Inc. and Google Inc. Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential, was not surprised to hear the news. According to him that RIM can learn a

Ericsson and Siemens Show Cracks in the Market; Profit Confidential Probes Furth …

The stock market has experienced a 20%-plus rise since October, spearheaded by blue-chip names. The strong move up may not last for long, according to Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential. Now it’s the blue-chip leaders in the stock market of slow growth, Lombardi. Many companies have been reporting their fourth-quarter numbers with their earnings outlook for 2012. Among them, LM Ericsson Telephone Company, the world’s largest maker

Pan American Silver Buys Smaller Firm; Will Barrick, Newmont & Goldcorp Have Sim …

Pan American Silver Corp., the world’s second-largest primary silver miner, has offered $1.5 billion in combined cash and stock deal to acquire Minefinders Corp. Ltd. The price tag is a 36% premium to where Minefinders traded prior to the announcement. According to Michael Lombardi, lead contributor to Profit Confidential, this is just one of the many mining deals that will take place in 2012. Gold mining stocks and precious metals stocks

General Motors Looks to China for Growth, Reports Profit Confidential

A recent Profit Confidential article points out that China continues to be the world’s largest auto market, with an estimated 14.5 million vehicles sold in 2011, versus approximately 12 million in the U.S. General Motors (GM) is well positioned to take advantage of this growth, according to George Leong, contributor to the esteemed financial newsletter. After a year of restructuring and bankruptcy protection, GM has steadily improved its operational efficiency and

Profit Confidential Analyst Highlights Newmont Mining as a Top Gold Stock Pick

A question for any gold investor is whether to buy bullion or gold mining stocks. I favor gold stocks over the higher risk of other commodity options, George Leong in a recent article published in popular financial newsletter Profit Confidential. Leong specifically outlines the case for Newmont Mining Corporation as a really good long-term investment and thinks the stock will bring value to a portfolio for years to come. Newmont Mining

Retirement May Become an Impossibility in the U.S., Reports Recent Profit Confid …

A recent article in popular financial newsletter Profit Confidential reported that the personal savings rate in American has unexpectedly fallen back to its lowest level since December 2007, as consumers are taking on more debt. However, a closer look something more disturbing, according to Michael Lombardi, lead contributor to Profit Confidential. He that the signs are pointing to retirement becoming an impossibility for U.S. citizens. Many Americans have given up on

Self-storage Stocks the Winners Amongst the REITs, Financial Newsletter Profit C …

Popular financial e-newsletter Profit Confidential reports that, for the second year in a row, the stocks of the self-storage companies were the best performing sector of the real-estate investment trusts (REITs). According to the Dow Jones All REIT Equity Index, which was up eight percent for 2011, the self-storage stocks climbed 35.4% in 2011. The increase in business over the last two years was due to the rise in home

Take Advantage of the Microsoft Warning, According To Profit Confidential

Microsoft Corporation warned that there would be fewer shipments of PCs than expected due to the floods in Thailand hurting suppliers. According to Sasha Cekerevac, contributor to popular financial newsletter Profit Confidential, this could be an excellent buying opportunity to get a great dividend yield and be paid while you wait for shipments to get back to normal. This is a one-time hiccup for the computer industry. Investors with patience can

Leading Profit Confidential Reports on Four Stocks to Watch this Earnings Season

The fourth-quarter earnings season is here and analyst George Leong, contributor to Profit Confidential, believes it will help to dictate the trading action over the next several months. In fact, he’s got a list of four stocks to watch this earnings season. I continue to believe that technology will be the driver of the stock market going forward into the next several years. Take any opportunity to buy on weaknes Leong. One

European Bank on the Brink of Collapse, Crisis Worsens, According To Profit Conf …

popular financial newsletter Profit Confidential, the debt crisis in the eurozone has become a banking crisis. UniCredit now needs to raise capital through the issuance of stock. The bank said it would sell stock at massive 40% discount below the stock’s trading price of January 3, 2012. “There is no confidence in the eurozone banking sector,” According To Michael Lombardi, lead contributor to Profit Confidential. Only a year ago, UniCredit’s stock sold

Leading Profit Confidential December U.S. Job Numbers Are Not What They Seem

While mainstream economists rejoiced about the December job numbers report released by the U.S. Labor Department, Michael Lombardi, lead contributor to Profit Confidential, according to that you shouldn’t be fooled. Lombardi responds to the unemployment rate being down to 8.5%:“The official unemployment rate is not a true gauge of employment, as it excludes people who have given up looking for work and part-time workers who want full-time jobs but can’t get

Bear Market Rally Near the End, According To Leading Financial Newsletter Profit …

The Dow Jones Industrial Average in 2011, excluding dividends, rose 5.7%, up 10.8% from 2010 and up 18.8% from 2009, as reported by popular financial newsletter Profit Confidential. According to Michael Lombardi, lead contributor to Profit Confidential, the bear market rally that started in 2009 is getting near the end of its life. “We don’t have to look very closely at the numbers to discover the true trend,” according to Lombardi.

Leading Financial Newsletter Profit Confidential Predicts Recession this Year fo …

Two big eurozone countries are headed back into a recession this year, according to Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential. Spain, the eurozone’s fourth largest economy, and Italy, the third largest eurozone economy, will be in a recession in the first half of 2012. “Spain has the highest unemployment rate in the eurozone at a staggering 21.5% and Italian consumer confidence sits at its lowest level in

Analyst for Profit Confidential Newsletter Reveals Why 2011 Was a Dud

As 2011 came to a close, George Leong, contributor to popular financial newsletter Profit Confidential, analyzed the year and why the forecasts have slightly missed their mark. “I expected tech and small-caps to drive the market in 2011,” Leong writes in Profit Confidential, “It looked that way earlier in the year, but then the European debt crisis materialized, China stalled, and stocks began to sink quickly.” Leong notes that, domestically, the housing

Home Prices Will Continue to Fall in 2012, According to Leading Financial Newsle …

According to Michael Lombardi, lead contributor to popular financial newsletter Profit Confidential, U.S. home prices will fall in the three percent to five percent range in 2012. Where he differs from most economists on housing is that he does not believe that U.S. home prices will move up this decade. Lombardi reports that 2011 will be the fifth consecutive year that home prices in the U.S. have declined. According to the

Leading Financial Newsletter Profit Confidential Warns of Impending Higher Infla …

Michael Lombardi, lead contributor to Profit Confidential, is warning about how the Federal Reserve’s actions of artificially keeping short-term interest rates at zero for five years and the $2.0-trillion increase in the money supply are extremely inflationary. “The stock market was up, the bond market was up, precious metals’ prices were up and oil prices rose aggressively in price in 2011” says Lombardi. “Food prices were up sharply in 2011, so

Yen Might be in Worse Shape Than the Euro, Reports Profit Confidential, a Leadin …

The Commitments of Traders (COT) report for December indicates that there are more bets against the euro than at any time since June 2010; but, according to Sasha Cekerevac, contributor to Profit Confidential, investors might want to consider switching their short position from the euro to the yen. “This has been a dismal year for the euro,” says Cekerevac. He believes that there is a lot of warranted negativity towards the

Euro Trading as if Eurozone Break up Is a Foregone Conclusion

The euro was recently at a three-year low against the U.S. dollar. Concern over the eurozone is causing growth in Europe to stagnate. The euro is trading as if the break-up of the eurozone were a foregone conclusion, says Michael Lombardi, lead contributor to Profit Confidential. “America cannot escape the economic problems in the eurozone,” says Lombardi. “The Fed can’t come to the rescue of the eurozone. I believe that the

Leading Financial Newsletter Profit Confidential Reveals Two Major Hurdles for t …

According to Michael Lombardi, lead contributor to Profit Confidential, two major hurdles remain for the U.S. housing market. This week, the National Association of Realtors (NAR) is scheduled to revise down its previously reported sales of U.S. homes from the period of January 2007 through to October 2011. The NAR reported that it had made a mistake in past calculations on home sales and was double counting. Lombardi says he’s

Euro Break-up Will Lead to Dangerous Instability, According to Popular Financial …

Following the liquidity injection by the Federal Reserve and world central bankers, the markets ended the week in positive territory. Even though the headline looks great, there are serious issues for both the stock and currency markets according to Sasha Cekerevac, contributor to Profit Confidential. “I wouldn’t move so fast in calling an end to the volatility in the markets,” says Cekerevac. Short-term Treasury bill yields are still negative. “What this means

Steep Bets Against Euro May Backfire, According to Profit Confidential, a Leadin …

It seems that everyone is betting against the eurozone, according to Profit Confidential, a popular financial e-newsletter. A report from the CFTC indicated that short positions against the euro were at net $14.4 billion in the third week of November, a 17-month high. With such a heavy consensus in one direction, Michael Lombardi, lead contributor to Profit Confidential, says he wouldn’t be surprised to see the short euro trade backfire. “When

Eurozone Bailout Could Lead to Bigger Problems, According to Top Financial Newsl …

A bailout of the troubled eurozone countries could lead to even bigger problems for the region, according to Michael Lombardi, lead contributor to financial e-newsletter Profit Confidential. The European Central Bank (ECB) has just cut interest rates again, for the second straight month, to one percent—the lowest level on record for the ECB. Policies of interest rates kept artificially low and increasing the money supply are directly responsible for the

McDonald’s Sales Provide Insight on American Consumers in 2012, According to L …

The world’s largest restaurant chain, McDonald’s Corp. (NYSE/MCD), reported that stores open at least one year in November saw sales rise 6.5% in the U.S. According to Michael Lombardi, lead contributor to Profit Confidential, this gives us insight into two main groups: the low-end consumer and middle-income consumer. The numbers from McDonald’s provide a foreshadowing of what 2012 will be like for these two groups. According to Profit Confidential, McDonald’s, with

Leading Financial Newsletter Profit Confidential Reveals Why Mainstream Investor …

Gold market research from Michael Lombardi, lead contributor to popular e-newsletter Profit Confidential, reveals why mainstream investors are only just now getting involved in gold bullion, Debt fears in the eurozone resulted in demand for gold coins in Europe; more than doubling in the third quarter of 2011 compared to same period of 2010, according to data from the World Gold Council. Lombardi says the gold buying went beyond just

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