Please SUPPORT Market BlackBoX BLOG, You Are ALL Welcome! Market BlackBoX BLOG: 2006

Tuesday, December 26, 2006

SciClone on the move for Friday, Dec. 22






















Shares of SciClone Pharmaceuticals are among volume leaders today on Wall Street after promising news about its experimental skin cancer treatment. The company's drug Zadaxin helped increase longevity of patients with midstage skin cancer when combined with chemotherapy treatments.

Sound like SciClone is going for a positive growth in the future? we shall watch carefully in their coming 10-Q report to compare with the current 10-Q report.

Monday, December 25, 2006

IBM researchers have fabricated a silicon device that's a significant advance in making practical optical interconnects.

December 22, 2006.
By forcing light to circle multiple times through ring-shaped structures carved into silicon, researchers at IBM have been able to delay the flow of light on a microchip. Being able to delay light is crucial for high-performance, ultrafast optical computers of the future that will process information using light and electrical signals.


It's easy to store electronic data in computer memory; light is harder to control. The new silicon device, described in this week's issue of Nature Photonics, is ten times smaller than those made in the past. It also works much better at high data speeds. "This work is approximately a factor of ten over the best achieved with [ring-shaped devices] so far," says Keren Bergman, an electrical-engineering professor at Columbia University.


Storing light on silicon is key for electronic-optical hybrid computers that researchers believe will be available a decade from now. In these computers, devices will compute using electrons but will move data to other devices and components using light--avoiding the use of copper wires or interconnects that tend to heat up at high computer frequencies....to be continous at Techreview.com (please clcik the link for further infomation.)

Thursday, December 21, 2006

Microsoft announced quarterly dividend of $0.10 / share.

Wednesday December 20

Dividend of $0.10 per share payable in March.

Microsoft Corp. (Nasdaq: MSFT - News) today announced
that its board of directors declared a quarterly dividend of $0.10 per share.
The dividend is payable March 8, 2007 to shareholders of record on February 15,
2007. The ex-dividend date will be February 13, 2007.

But is Microsoft a good buying stock? let's us study the data from my research below.





































The best strategy is to follow the institutional player to buy at low price like example Goldman Sach, get their research on Microsoft report to know what their view on target price and the prospect of the business.

Tuesday, December 19, 2006

GE is on the bullish rally.








Weekly Chart - First the bullish support line must be there to wait for the MACD (12,26,9) and RSI (14) signal to get it bullish.


Weekly MACD (12,26,9) chart is bullish, cause by the signal (the black & red line) crossover MACD zero line. The MACD histogram is on the bullish (the bar show on the positive side).


Weekly RSI (14) chart on the bullish, the RSI (14) chart shows the signal crossover the RSI 50.


Daily Chart had must be in-line with the weekly chart to shown bullish signal.


After daily chart shown bullish on MACD (12,26,9) and RSI (14), Next the stock volume and stock price are the most important of all to take note to be shown confirmation bullish. Because the money is being put into the market to move up the stock price.


By study both GE weekly and daily chart the stock price are may projected bullish for the future. we my look at what the recent analysts think about the target price for GE, by going to Marketwatch.com to obtain the information. Information from Marketwatch.com are being aggregate, summarize and put up to be shown.


The Past GE stock price had not being perform well and this time GE have proven the stock price is going to be projected bullish for the coming future. No doubt the dividend is good. They have too many core business, GE is a good company that they are able to make the growth move forward and growth bigger. Is the matter of time, GE management that able manage it well and to proven to the market with the good earning result.

Thursday, December 14, 2006

Honeywell expected a profit gain in 2007.

12/14/2006

Honeywell International on Thursday said it expects to meet its profit target for this
year and predicted double digit growth in earnings per share in 2007
which makes aircraft systems, building control systems and
automotive parts, and it still expects to report 2006 profit between $2.51 and
$2.53 per share on revenue of $31.2 billion. The company puts cash flow from
operations at about $3 billion. Analysts have tailored their forecasts to that guidance and expect, on average, profit of $2.52 a share and revenue of $31.16 billion. The company initial profit range for 2007 is $2.85 to $2.95 per share this would mean a double digit increase from the expected 2006 result. The sales figure of $32.6 billion would equal a 5 percent gain. Cash flow from operations is projected between $3.2 billion and $3.4 billion.

Wall Street's profit expectation of $2.93 per share is within the company's
target range, but analysts are currently expecting more robust sales growth to
$32.75 billion.

New technology Chips will be out in sooner future.

The Chip maker Sony, Toshiba and NEC Electronics, on Thursday said that they had jointly developed technology to mass produce cutting-edge chips. NEC Electronics and Toshiba are also working to standardise technology to make advanced chips with circuitry width of 45 nanometre or finer with Fujitsu and Renesas Tech. Corp. The platform developed by the three Japanese companies will be used to make system chips, which combine multiple functions on a sliver of silicon, using 45 nanometre, the firms said in the joint press release. Chip makers worldwide are locked in a race to lower production costs on 90, 65 and 45 nanometre chips, with the smaller circuitry widths allowing more power per chip for complex devices. The three companies are developing a platform for low power consumtion chips, to be completed in early of 2007. Toshiba and NEC Electronics are also working to standardise technology to make advanced chips with circuitry width of 45 nanometre or finer with Fujitsu and Renesas Tech. Corp. Other companies that unable to follow them will may lead to lower profit and the trend of 45 nanometre will start to boost up, if other chip maker are able to produce cheaper cost.

Wednesday, December 13, 2006

Surge in Gold price and higher in Enegry price.

Gold futures price settled slightly higher Wednesday come with support from the rally in the Enegry price.

February 2007 gold price are most active and settled $0.70 up at $632.40 per troy ounce.
Gold Price had reach a support from the rally in the crude oil market on the heels of the Energy Information Administration (EIA) reported that showed across the board draws in U.S. petroleum stocks, including a big down in crude inventories. Gold price down at the open. Analysts said that gold price hesitated around the $627 level, but finally pickup with helped by firmer oil. The January 2007 crude oil price settled up $0.35 to $61.37 per barrel. The January 2007 heating oil price up $0.96 to $1.732 a gallon. January 2007 unleaded gasoline price up $0.0224 to $1.6174 per gallon. January 2007 natural gas price settled up $0.0243 to $7.673 per million British thermal units (BTU).

This see like Gold price and Enegry price are related to each other as the U.S. stock price is weak. The Cool weather from the winter season would may draw the demand on those energy price. Let's us watch how OPEC meeting is going to like be.

Tuesday, December 12, 2006

GE expects double-figure profit growth for 2007.

GE reaffirmed on Tuesday itexpects earnings to increase 15 percent to 16 percent in 2006, and announced it. GE expects double-figure earnings growth for 2007. The Fairfield-based industrial, financial services and media conglomerate said it expects fourth quarter earnings in 2006 to increase 13 percent to 16 percent, or 62 to 64 cents per share. It said annual earnings for 2006 would show an increase to a range of $1.97 to $1.99 per share. The company predicted earnings to increase in 2007 by 10 percent to 13 percent, or $2.17 to $2.23 per share. Revenue is projected to rise to $175 billion next year, an 8 percent increase. "I think there's even better news ahead," GE Chairman and CEO Jeff Immelt said at the company's annual outlook meeting in New York. "What we've tried to build and what we're building is a reliable growth company, not just strong in the short term but well positioned for next five years."

Previously, GE had predicted earnings per share in 2006 of $1.94 to $2.02
this year, up 13 percent to 17 percent. Analysts expect earnings of $1.99 per
share. GE shares rose 42 cents, or 1.19 percent, to close at $35.64 on the New York
Stock Exchange. In a more than one-hour presentation, Immelt said earnings in the
infrastructure business, which is GE's largest, will be up 16 percent in 2006,
and up by between 15 percent and 20 percent next year.

"Basically, everything here is good," Immelt said. "We're very well globally
positioned. Earnings for the financial services unit will be up between 10 percent and
15 percent this year and about the same next year, he said. GE's "Ecomagination" initiative, which was unveiled last year to boost sales of environmentally friendly technology such as pollution controls and wind power generators, has doubled revenue from $6 billion to $12 billion this year. GE projects it will rise to $14 billion next year.

Next is the analysts will have to upgrade GE recommendtion and the rating in future as after they have done their researching in
GE.

An IBM supercomputer forecasts weather down to a one-kilometer resolution.




IBM has launched a new one-kilometer-resolution weather-forecasting service. This image shows that while some parts of Chicago were hit by severe thunderstorms (blue regions), other parts got off scot-free. Credit: IBM Research
(NOTE: For more information please click the above title link.)

Saturday, December 09, 2006

Dollar Depreciates in November


Dec. 6, 2006

The average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta fell 0.7 percent in November from the previous month. All subindexes declined in November except for the Americas subindex, which gained 0.5 percent. The Europe subindex dropped 2 percent, and the Pacific and the Pacific-excluding-Japan measures were down 1.1 percent each. The classic subindex, which is the analogue of the original Atlanta index, was 0.8 percent lower in November. The overall index in November was 4 percent below its year-ago level. On a daily basis, the overall index was down 0.6 percent at the end of November from its reading at the end of October and was 4.6 percent below its level at the end of November 2005.

The Atlanta Fed index is based on 1995–97 bilateral trade weights for 15 currencies. The European subindex includes the European Monetary Union, Switzerland and the United Kingdom. The Pacific subindex includes Australia, China, Hong Kong, Japan, Malaysia, Singapore, South Korea and Taiwan. The Americas subindex includes Brazil, Canada and Mexico. The overall dollar index includes the Saudi Arabian riyal along with the foregoing 14 currencies. The classic subindex includes the European Monetary Union, Switzerland, the United Kingdom, Australia, China, Hong Kong, Japan, Singapore, South Korea, Taiwan, Saudi Arabia and Canada. All figures are indexes and not actual exchange rates. A rise in the index or subindex reflects a strengthening of the dollar against currencies included.

World interest-rates-table

chart for
US DOLLAR INDEX
-What the Dollar bottom line in the future?
-Will US Dollar decide the world economic future?
-Will there a Dollar crisis for the world economic to get the impact?

Reference:-
1. The Dollar Crisis, the Book that recommended to be read.

Global Business Cycle Indicators

Monday, November 20, 2006

The Conference Board announced today that the U.S. leading index increased 0.2 percent, the coincident index increased 0.1 percent and the lagging index increased 0.2 percent in October.
The leading index increased again in October, and there was an upward revision to September's small increase. From April to October, the leading index fell by 0.2 percent (a -0.4 percent annual rate). Housing permits continued to make the largest negative contribution to the leading index in this period, followed by vendor performance, offsetting large positive contributions from real money supply (M2) and consumer expectations. Strengths and weaknesses have been roughly balanced among the leading indicators in recent months.
The coincident index increased in October, and September's unchanged value was revised upward as a result of data revisions in all its components. This measure of current economic activity has been increasing steadily since September 2005, although its growth moderated in recent months. From April to October, the coincident index grew 1.0 percent (a 2.0 percent annual rate).
The leading index has been fluctuating around a slightly downward short-term trend in recent months, with increases in September and October, but declines in July and August. As a result, it has fallen 0.6 percent below its most recent high reached in January. At the same time, real GDP growth slowed to a 1.6 percent (annual) rate in the third quarter, following a 5.6 percent gain in the first quarter and a 2.6 percent gain in the second quarter. The current behavior of the leading index suggests that slow economic growth is likely to continue in the near term.

LEADING INDICATORS
Six of the ten indicators that make up the leading index increased in October. The positive contributors - beginning with the largest positive contributor - were real money supply*, index of consumer expectations, stock prices, average weekly manufacturing hours, manufacturers' new orders for consumer goods and materials*, and average weekly initial claims for unemployment insurance (inverted). The negative contributors - beginning with the largest negative contributor - were vendor performance, building permits, manufacturers' new orders for nondefense capital goods*, and the interest rate spread.
The leading index now stands at 138.3 (1996=100). Based on revised data, this index increased 0.4 percent in September and decreased 0.3 percent in August. During the six-month span through October, the leading index decreased 0.2 percent, with five out of ten components advancing (diffusion index, six-month span equals fifty-five percent).

COINCIDENT INDICATORS
Three of the four indicators that make up the coincident index increased in October. The positive contributors to the index - beginning with the largest positive contributor - were employees on nonagricultural payrolls, industrial production, and manufacturing and trade sales*. Personal income, less transfer payments remained the same.
The coincident index now stands at 123.7 (1996=100). This index increased 0.2 percent in September and increased 0.2 percent in August. During the six-month period through October, the coincident index increased 1.0 percent.

LAGGING INDICATORS
The lagging index stands at 124.1 (1996=100) in October, with three of the seven components advancing. The positive contributors to the index - beginning with the largest positive contributor - were average duration of unemployment (inverted), change in labor cost per unit of output*, and ratio of consumer installment credit to personal income*. The negative contributors - beginning with the largest negative contributor - were commercial and industrial loans outstanding* and change in CPI for services. The ratio of manufacturing and trade inventories to sales* and average prime rate charged by banks* held steady in October. Based on revised data, the lagging index increased 0.2 percent in September and remained unchanged in August.

Housing Starts and Building Permits (Bureau of the Census)

Friday, November 17, 2006


8:30 AM Housing Starts and Building Permits (Bureau of the Census)
This may be the big report of the week. And it may show that housing starts, after dropping from a 2 million start rate, are settling in at something closer to 1.7 million. Thus, housing starts have cooled but are not continuing to fall sharply. And that may be a signal that the overall economy, having cooled off, is beginning to settle in at a more modest pace of activity, but not continuing to cool further.

By the End of the Week
The overall sense from another week of data may be that the economy has cooled but isn't continuing to lose steam. Elsewhere around the globe, the news is more about inflation than economic growth. Lower energy prices help limit the inflation potential. But that is not the only reason why retail inflation has eased a little in China, while wholesale prices fell in October in the U.K. and in Japan — for the first time in a year. Unfortunately, the latter is tied to a small dip in industrial output and overall economic growth. Still, the overall sense from the economic data is a little more positive now than a month or two ago. And that is being reflected in the latest releases for the Leading Economic Indicators as well.

8:30 AM Consumer Price Index (Bureau of Labor Statistics)

Thursday, November 16, 2006

8:30 AM Consumer Price Index (Bureau of Labor Statistics)
Lower gasoline prices will be reflected in this number. The "core" data (which excludes food and energy) may show a 0.2-to-0.3 percent rise.

9:15 AM Industrial Production (Federal Reserve Board)
Based on hours worked and a modest rise in productivity, a 0.4 percent rise is likely to be reported for October. Going forward, however, a desire to keep inventory from piling up is likely to result in more modest increases in production.

U.S. Economic Highlights

November 14, 2006

Is the economy strong or on the wrong track? The unemployment rate is low, but so was job growth in the last month (and changes in employment tend to lag changes in the economic environment). Inflation is still relatively low — low enough to allow the Federal Reserve to remain on pause for a second straight month. Car and housing sales were not rebounding in the early part of the autumn season. And the forward indicator of economic activity, the Leading Economic Index, remained soft through September. In short, the economic data were mixed through the latest week, but perhaps poised for a few more negative reports than positive ones, moving into the holiday season — only a week ahead now.