Monday, May 03, 2010
Adding A New Buy To The Portfolio
We are adding Qualcomm (QCOM) as a new buy to our portfolio this moring. The stock is very cheap. The Superstock Scorecard has a price target of ... More...
Futures Rebounding After Friday's Pounding
Asia and Europe mostly lower. S&P 500 and NASDAQ 100 futures are higher by 5.10 and 8.00. Brent Crude is at $88.27 with gold at $1182.90 and natural gas at $3.96. The Up Dollar ETF (UUP) closed at $23.96 lower by -0.17%. Currencies see the Yen at 94.28 with the Pound at .66 and Euro at .76. The 20 Year Treasury ETF (TLT) closed at $92.13 up by 1.15%. High yield bonds and corporate investment grade bonds higher. More...
Today's Superstock Investor Stock Scorecard:
ANADARKO PETROLEUM CORP (APC)
Anadarko Petroleum (APC) reports earnings after the close and the stock has been murdered on the spill in the gulf. Anadarko owns a piece of the well and will have to share in the cleanup costs as well as lost well revenues. However, the pounding of this stock is now discounting a worst case scenario. The price target is $74.62 and the stock closed at $62.16. More...