AddThis

| More

Sunday, February 28, 2010

THE PAINTED PIGS WEEKEND CHOICE CHOPPERINO'S

HEY HUMANS WHATS THE DEAL WITH SUNDAY ? THE PIG WAS OUT OF THE STY DOING SOME WORK AND IT SEEMS THE PLACE IS DESERTED. SO THE PIG WENT BACK TO HIS CHORES. AN HOUR LATER, STILL NO SIGN OF ANYBODY. SO THIS PIG, DISTURBED BY THE SITUATION, THE OLD PIG HIT THE TRAIL, FIRST STOP THE WATER WAGON......NOBODY....NEXT STOP AT  THE HAY STACK....NOBODY....THEN THE FEED BINS....NOTHING ! THERE'S ONLY ONE OTHER PLACE THEY COULD BE ? THE BARN ! BUT WHY WOULD THEY BE IN THE BARN ON A DAY SUCH AS THIS ???....THE PIG AMBLED OVER TO THE BARN AND ONCE AT THE DOOR, NOTICED A NOISE. A NOISE THAT WAS FAMILIAR TO THE PIG. A NOISE YOU WOULD HEAR NO WHERE ELSE...BUT...A SHINDIG !!! THOSE DIRTY ROTTERS WERE HAVIN' A HO-DOWN WITHOUT THE PIG. WHEN THE PIG CAME TO THE REALIZATION HE HAD BEEN HOOD WINKED, THE PIG WAS A TAD MIFFED.............. THE PIG FLUNG THE DOOR OF THE BARN OPEN....THERE IN ALL THE GLORY WERE FLAGS OF THE LOCAL SHIRE, A HUMANS TELEVISION, AND THE REEK OF WHISKY....SOUR STALE AND MASHED UP WHISKY ! THEM ANIMALS WAS HAVIN' A BIG GAME PARTY WITHOUT THE PIG. NOT ONE T0 BE SHY....THE PIG INVITED HIMSELF IN.........THE REST THEY SAY IS................. HISTORY....GOLDEN HISTORY...........................

ON WITH THE SHOW......

 

ULI.V.......ONE OF THE THREE BIG SCANNERS OF THE WEEKEND ROUND UP ON THE WEEKS TRADING. A PREVIOUS PIG PICK FROM JANUARY 22ND. ITS BEEN SHOWING UP FOR 4 DAYS IN STRONG FASHION... AND JUST FRIDAY ITS ELEVATED ITSELF TO THE TOP TEN AND STRONG SHOWINGS IN 8 OF 10 AREAS.  HUGE ACCUMULATION ON THIS PIGLET TELLS ME AGAIN, THAT WHOMEVER IS BUYING AND KEEPING EXPECTS A BIG BANG AND SOON. THE PIG FIGURES A HOLD INTO THE LATE SPRING COULD BRING A TRIPLE FROM THE CURRENT LEVELS.

  

CGD.V...THE PIG CALLED THIS ONE BACK ON FEB. 18TH.....STILL NOT MUCH MOVEMENT....BUT YET ANOTHER BIG NUMBER CRUNCHER OF THE WEEKEND. HUGE IN 7 OF 10 AREAS AND GREAT IN ONE OF THE LAST THREE VECTORS. MOMENTUM DEMAND BUILDING, RSI AND MOVING AVERAGES TURNING UP BIG ACCUMULATION THE LAST FEW DAYS HAS THE PIG THINKING SHES READY TO ROLE. DOUBLE PRINTED ON THIS ONE IN THE NEAR TERM FEELS THE PIG. 

 

RMD.V...ANOTHER BIG SCANNER IN THE WEEKEND REVIEW.....A NEW ENTRY INTO THE PIGS CATALOGUE OF PROFITS. BIG NUMBERS IN SEVERAL AREAS, DECENT ACCUMULATION FOR THE LAST MONTH AND THE PIGS SPIES TELL HIM A STORY ABOUT TO UNFOLD. THE PIG SAYS MEDIUM TERM DOUBLE TO TRIPLE HERE.




DUN.V...DID YOU EVER GET THE FEELING ???...FIRST OFF AN ODDBALL HERE...A PIG LONGSHOT THAT WON'T GO AWAY.....SCANS WELL ALMOST ALL THE TIME FOR THE LAST 2 MONTHS. BUT NOT ENOUGH TO PUSH IT OVER THE EDGE. ITS JUST ABOUT THERE BUT THE PIG SAYS WATCH IT AND WAIT FOR MORE LIQUIDITY.  REALLY WEIRD....



Olympics: Own the Podium a 'bold program'


Gold medalist Jasey Jay Anderson of Canada celebrates on the podium with his daughters Jora (L) and Jy (R) after the Men's Parallel Giant Slalom event at Cypress Mountain during the Vancouver Winter Olympics, north of Vancouver on February 27, 2010.   AFP PHOTO / ADRIAN DENNIS

Gold medalist Jasey Jay Anderson of Canada celebrates on the podium with his daughters 

Jora (L) and Jy (R) after the Men's Parallel Giant Slalom event at Cypress Mountain during the VancouverWinter Olympics, north of Vancouver on February 27, 2010.  

AFP PHOTO / ADRIAN DENNIS

Photograph by: ADRIAN DENNIS

VANCOUVER -- The Own the Podium program was maligned early in the 2010 Winter Games when Canada's medal total failed to meet expectations, but the gold rush over the final few days of the game have helped polish its image.
Michael Chambers, president of the Canadian Olympic Committee, called Own the Podium a "bold program," Sunday at a media conference, despite the fact Canada did not finish first in the medal count.
Heading into the final two events of the Games Sunday Ñ the men's gold-medal hockey game between Canada and the United States and the men's 50-kilometre cross-country ski race -- Canada had 13 gold medals and 25 medals overall.
The golds top the table and have tied the Soviet Union in 1976 and Norway in 2002 for most golds in a Winter Games. The 25 total medals are the most ever for Canada in a Winter Olympics and put Canada third on the table behind the United States (36 medals) and Germany (29).



Thursday, February 25, 2010

THE PIGS THURSDAY NIGHT PORK PCKS

HI HO HUMANS THE PIG IS EXCITED. SPRING IS COMING. THE MARKETS FOR COMMODITIES ARE HANGING IN. THE FARMER WILL BE BUYING LOTS OF FERTILIZER.
SPEAKING OF FERTILIZER, LONG TERM PIG FAVORITE ALLANA RESOURCES AAA.V WAS UP THE LAST FEW DAYS ON SPECULATION OF A BHP MINERALS BUYOUT. THE PIG SAYS $3+ BY OCTOBER ON THIS CHOICE CHOP. ON THE WEEKEND, THE PIG WILL DO A RECONCILING OF HIS PICKS YEAR TO DATE AND A REVIEW OF THE PIGS LONG TERM PICKS.

ON WITH THE SHOW.....

























CAT.V....ONE OF FOUR BIG NUMBER BUSTERS OF THE NIGHT. NO INSIDE STORY YET THAT THE PIG KNOWS OF. JUST BIG CROSSOVER MOMENTUM NUMBERS, ACCUMULATION AND BUY SIGNAL INDICATORS HAVE GENERATED HUGE NUMBERS FOR THIS PIGLET. THE PIG SAYS KEEP A REAL CLOSE EYE ON IT....ITS READY TO BUST !!!

 


FEX.V...ANOTHER BIG SCANNER OF THE NIGHT. A PREVIOUS PIG PICK IN JANUARY THAT LOOKS LIKE ITS FINALLY GOING TO BREAK THE CHANNEL. GREAT NUMBERS ALL AROUND ESPECIALLY MOVING AVERAGES AND MOMENTUM. A BUY AN HOLD MED. TERM FOR A DOUBLE OR TRIPLE THE PIG THINKS...........GREAT STUFF !

  



EAR.V...HUGE SCANNER IN THE MOMENTUM AND DISTRIBUTION VECTORS TONIGHT. THIS TELLS THE PIG SOMETHINGS UP. ACCUMULATION PERIOD FOLLOWED BY IMPATIENT SELL OFF. GOOD TRADING HISTORY AND LIQUIDITY FACTORS MAKE THIS A DOUBLE PLUS !!



OX.V... DRILLING UNDERWAY FOR THIS PIGLET AND A TAD HIGH OF A SHARE COUNT OUTSTANDING BUT STILL IT SCANS REALLY WELL TONIGHT. IN TEN CATEGORIES A STOCK HAS TO GET 7.000 OR ABOVE TO GET INTO THE TOP 25 AND THEN BETTER NUMBERS FROM THERE. NONE HAVE SCORED PERFECT TENS. BUT THIS ONE CAME CLOSE IN COUPLE OF AREA TONIGHT. THE PIG SAYS 75% TO A DOUBLE IN THE NEAR TERM FOR RETURN POTENTIAL FOR THIS PIGLET......


Trading day: TSX makes triple-digit gain, paced by banks and gold stocks



The main Canadian stock benchmark rallied on higher gold prices and stronger-than-expected bank earnings on Thursday. The S&P/TSX Composite index closed up triple-digits, near its high for the session, in a rare divergence with Wall Street, where the Greek debt crisis combined with rising U.S. jobless claims to push all the major indices into negative territory.
The senior Canadian benchmark jumped 109.61 points, or one per cent, to 11,631.44, with the gold sector advancing 3.8 per cent, and the financial services group posting a 1.1 per-cent gain. The S&P/TSX Venture composite trimmed 1.47 points to 1,517.94, while the Canadian dollar retreated nearly half a cent to 94.40 cents US. The April crude oil contact fell $1.83, or 2.3 per cent, to $78.17 US a barrel.
Stocks in Europe had their biggest drop in three weeks and the euro slumped to its lowest level in a year against the Japanese yen after the Moody’s bond rating agency said it may slash its rating on Greek government debt. U.S. markets opened sharply lower, and gold rallied, rising above $1,100 US with a gain of $11.30, or one per cent, to $1,108.50. Red Back Mining gained $1.01, or 5.4 per cent, to $19.75, Yamana Gold rose 47 cents, or 4.4 per cent, to $11.11, while Agnico-Eagle added $2.24, or 3.8 per cent, to $60.77.
CIBC kicked off bank earnings season, reporting a greater-than-four-fold surge in first-quarter profits. The Commerce earned $652 million, or $1.58 a share, compared to $147 million, or 29 cents in the same period a year earlier. Shares climbed $2.13 to $69.95.
Bombardier followed up Wednesday’s announcement of a $1.1-billion sale of passenger rail trains to the French national rail service with a $3.2-billion order for 40 of its passenger airliners from U.S. carrier Republic Airways. Shares jumped 39 cents, or seven per cent, to $5.87, after trading as high as $6.01.
First Uranium Corp. soared 51 cents, or 39 per cent, to $1.81 after a provincial government in South Africa reinstated the environmental permit for a planned facility that would process tailings from three gold and uranium mines. Shares fell 22 per cent earlier in February when the permit was withdrawn.
Shares of Vancouver-based Gold Wheaton recovered 28 cents, or 11 per cent, to $2.75. The company has an agreement to sell gold recovered at the South African facility, and slashed its sales forecast 17 per cent after the permit was withdrawn, trading as low as $2.31, down from $3.00 the day before the Feb. 2 announcement.
The Dow Industrials plunged as much as 188 points in early trading, after weekly claims for unemployment benefits rose to 496,000, the highest level in three months. And where the Canadian index reversed an opening plunge of 100 points to finish with a 109-point gain, U.S. markets only managed to trim their losses as the session wore on. The Dow closed down 53.13, or 0.5 per cent at 10,321.03, the Nasdaq composite fell 1.68 to 2,234.22, and the S&P 500 shed 2.3 to 1,102.94.
Hindering the Dow’s advance was index heavyweight Coca Cola, dropping $2.04, or 3.7 per cent, to $53.12 US after announcing a $12 billion US bid for the North American operations of bottler Coca Cola Enterprises. Shares of the bottling company shot up $6.30, or 33 per cent, to $25.48 US, bringing rival soft drink maker Dr. Pepper Snapple along for the ride — that stock added $3.18, or 11 per cent, to $31.83 US.
Shares of First Solar fell $2.16, or two per cent, to $102.97. The solar cell maker’s share price has fallen 25 per cent so far in 2010 as Germany, the biggest solar energy market, moves toward steep cuts in subsidies. First Solar chairman Mike Ahearn sold 40 per cent of his shares in the company in the past week for $142 million US.

Wednesday, February 24, 2010

THE PIGS TUESDAY NIGHT CHOICE CHOPPERS

THE PIG WAS AT THE DOCTORS TODAY...(WHAT ? PIGS CAN'T GO TO THE DOCTOR ?) AND HE HAD HIS ANNUAL CHECKUP. CRAZY AS IT SOUNDS THE PIG WANTS TO MAINTAIN TOP HEALTH. NEXT YOUR GONNA ASK THE PIG IF HE BRUSHES HIS TEETH EVERY NIGHT BEFORE BED ? YOU BETCHA...........LETS GET TO THE BIZ.

ON WITH THE SHOW...



BCG.V..YUKON GOLD PLAY. GREAT NUMBERS TONIGHT. CERTAINLY ACCUMULATED ON A REGULAR PERIOD AND IT APPEARS THE ACCUMULATION FOR A PHASE 2 MOVE IS HAPPENING BEFORE US. GOOD VOLUME STRENGTH AND MOMENTUM NUMBERS ALSO. MOVING AVERAGES SCORED HIGH. THE PIG THINKS IT COULD BE A NICE ROUND RETURN IN THE SHORT TERM.




















 .



















GDR.V..GREAT NUMBERS TONIGHT ON THIS PIGLET. 
 SHOWS WELL IN MOMENTUM AND VOLUME DISTRIBUTION AND HUGE ACCUMULATION UNDERWAY.MOVING AVERAGES AND ALL SENTIMENT VECTORS SCORED HIGHLY........THE PIG SAYS WOWEE.....A NICE TRADE IN THE MEDIUM TERM...........










































SRZ.H-TSX.V....THIRD STRONG SCANNER OF THE NIGHT. THE PIG SAYS NO STORY YET BUT SOMETHINGS COOKING. HUGE ACCUMULATION AND MOMENTUM VECTORS. MAYBE A FUN TRADE FOR THE MEDIUM TERM AND A CHEAPY......NO CHART AVAILABLE FOR IT AS YET. .....THE PIG LIKES THIS PORKY PIGLET...


Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (11,521.83 down 4.88 points):
Lorus Therapeutics Inc. (TSX:LOR). Biopharmaceutical. Up 5.5 cents, or 91.67 per cent, at 11.5 cents on 5,098,731 shares. The life sciences company's stock shot up to its highest level since August 2008 after a study published in the journal Cancer Immunology Immunotherapy showed a drug developed by the company had "anti-tumour efficacy against several tumour types."
Suncor Energy Inc. (TSX:SU). Oil and gas. Down 15 cents, or 0.49 per cent, at $30.70 on 4,472,693 shares. Its stock continued to slide since announcing Monday that it would miss production targets until its fire-damaged oilsands upgrader in Alberta is back in service in early April.
Bombardier Inc. (TSX:BBD.B). Trains and planes. Up 14 cents, or 2.62 per cent, at $5.48 on 4,381,440 shares. The transport giant secured a billion-dollar contract from France's national railway that could expand to become the largest in the company's history.
Barrick Gold Corp. (TSX:ABX). Miner. Down 66 cents, or 1.68 per cent, at $38.71 on 3,901,444 shares. The gold sector was the biggest decliner on the TSX, fading 1.06 per cent, as the price of bullion fell $6 to US$1,097.2 an ounce on the New York Mercantile Exchange.
Eastern Platinum Ltd. (TSX:ELR). Miner. Up three cents, or 2.36 per cent, at $1.30 on 3,866,299 shares.
Chariot Resources Ltd. (TSX:CHD). Miner. Down three cents, or five per cent, at 57 cents on 3,205,873 shares.
TSX Venture Exchange (1,519.41 down 0.58 point):
Allana Potash Corp. (TSXV:AAA). Miner. Up five cents, or 12.50 per cent, at 45 cents on 6,009,087 shares.
Southern Pacific Resource Corp. (TSXV:STP). Down a penny, or 1.16 per cent, at 85 cents on 5,400,848 shares.
Companies reporting major news:
Centerra Gold Inc. (TSX:CG). Miner. Up three cents, or 0.25 per cent, at $11.82 on 929,935 shares after announcing profits soared US$140 million in the fourth quarter. That was up significantly from $42.6 million a year ago when the gold miner booked an $18.8-million impairment charge. Revenue increased more than 20 per cent to $323.9 million.
Finning International Inc. (TSX:FTT). Heavy-equipment dealer. Down 59 cents, or 3.27 per cent, at $17.46 on 661,474 shares on news its fourth-quarter profits dropped to $16.3 million from $44.6 million last year. Revenues fell 27 per cent to $1.14 billion and the company warned it expects sales to continue falling in 2010.
Maple Leaf Foods Inc. (TSX:MFI). Food processor. Down 32 cents, or 2.86 per cent, at $10.88 on 105,508 shares despite booking fourth-quarter profits of $21.9 million, reversing a year-ago loss of $14.6 million. The company, which is recovering from Canada's largest food recall due to a Listeria outbreak nearly two years ago, said overall sales dipped slightly to $1.32 billion.
Sherritt International Corp. (TSX:S). Resource. Up 18 cents, or 2.67 per cent, at $6.91 on 985,678 shares. The nickel, cobalt, thermal coal, oil, gas and electricity producer earned $48.3 million in the fourth quarter, a major turnaround from a year-ago loss of $592.1 million, which included a major writedown on the Ambatovy nickel project in Madagascar. Revenue was little changed at $379.8 million.

Charlie Munger Wants to Scare You Straight

http://www.fool.com/investing/general/2010/02/23/charlie-munger-wants-to-scare-you-straight.aspx 


Christopher Barker

February 23, 2010

 
The second in command at Berkshire Hathaway (NYSE: BRK-B) has never confined himself to the large shadow cast by Warren Buffett's iconic persona, but Charlie Munger's scathing account of this country's economic outlook in my opinion marks a new level of unbridled frankness from this well-known fixture in the financial world.
Munger has penned a sobering parable that appeared at Slate.com over the weekend, and I expect that in time this piece will be viewed as a classic and timely attempt to instruct a nation in the basic foundations of fiscal solvency and the potential perils of our current trajectory.
He tells of a place called "Basicland," which, like the U.S., was rooted in principles of sound money and a tradition of conservative fiscal economics. In Basicland, Munger describes what started out as a sort of economic Utopia that was eaten away by higher taxes, increased government spending, and most importantly "casino gambling." He correctly characterizes our banks as casinos and derivatives as their bet of choice. This, over time, led to a system that was susceptible to economic shocks, like higher energy prices and diminishing exports due to low-cost foreign competition.
Every parable has a moral to its story, and Munger's appears to be a plea to heed former Fed Chairman Paul Volcker's approach that would aggressively rein in the gambling activities of the financial sector. Munger takes it a step further by having his Volcker-inspired character proposing an outright ban on trading in financial derivatives altogether. Suffice to say, such a measure would inexorably alter the financial landscape by limiting access to leverage through securitization. How one would set about dismantling a $600 trillion marketplace in an orderly fashion I cannot guess, but Munger seems to present the death of derivatives as the only sustainable way forward. I agree 100%.
What does it all mean?This article is important not only because of what it says, but also because of whom is saying it. Berkshire recently completed an epic acquisition of railroad Burlington Northern Santa Fe (NYSE: BNI), which Buffett hailed as his "all-in wager on the economic future of the United States." If that future looks anything like the one portrayed in Munger's parable -- where the once-solid credit of Basicland was reduced to tatters by persistently "extreme financial leverage" and "counterproductive governmental action" -- then Buffett's wager begins to look like something of a crapshoot.
Although the tone of Munger's tale is inescapably morose, and the mere idea that the United States could be driving down a path toward a place that Munger calls "Sorrowland" is a tough pill to swallow, Fools can take solace by safeguarding some portion of their assets from such a scenario. I have been encouraging Fools to limit their exposure to the U.S. dollar for some time now, and regardless of what debt-borne illness may befall the euro, I believe that the deep-seated fiscal imbalance underlying the greenback will make its presence known with equal or greater vigor.
For the past nine years, gold has offered a safe haven amid a precipitous decline in the purchasing power of the dollar. Fund managers like George Soros have gone for the gold with holdings of the SPDR Gold Trust (NYSE: GLD) exchange-traded fund, and China's sovereign wealth fund has ventured into stakes in miners like Freeport-McMoRan Copper & Gold (NYSE: FCX) and Gold Fields (NYSE: GFI). China's central bank has made no secret of its desire to diversify its holdings away from U.S. dollars. I will say it again: I believe that any notion of gold being a bubble is patently false under the circumstances.
I take no delight in saying so because of the implications for the dollar, but I believe gold's likelihood of striking the $2,000 mark has never looked stronger. I believe that silver will surprise many with a run to $50 per ounce or higher before this precious-metals bull market eventually runs its course, which formed part of my rationale for selecting Silver Wheaton (NYSE: SLW) as my top equity pick for 2010. Moreover, I believe that equities relating to a broad swath of commodities from agriculture to iron ore will continue to fare better than most over the coming years, and I see potential bright spots for investors from diversified suppliers like BHP Billiton (NYSE: BHP).
How would you characterize the significance of Charlie Munger's article? Is Munger dead-wrong with the economic recovery well under way and with risk abating? Sound off in the comments section below.






Tuesday, February 23, 2010

THE PIGS TUESDAY NIGHT PORK ENCHILADAS

LIFE DOWN HERE ON THE FARM CAN BE REAL NICE AND SLOW MOST OF THE TIME. EXCEPT ON SOME OCCASIONS LIKE TODAY WHEN THE MILK TANKER BLEW A TIRE AND THEN BACKFIRED AND WE ALL THOUGHT WE'D BEEN SHOT. ONCE THE SMOKE CLEARED AND EVERYONE HAD CLEANED UP A LITTLE LIFE RETURNED TO THE PLACID PACE IT USUAL HAS AROUND THE FARM. 

BUT THAT GOT THE PIG TO THINKIN' HOW MANY TIME IN A HUMANS DAY THAT THE SAME SCENARIO OCCURRED ? NORMAL SITUATION, EXTRAORDINARY RIGHT CURVE AND INTO CRISIS MODE ? THEN ONLY MINUTES LATER, RETURN TO NORMAL. OR WHAT IS SUPPOSEDLY NORMAL. WEIRD EH, WHAT WE BOTH PERCEIVE AS NORMAL, MAYBE NOT, MAYBE CRISIS AND CALAMITY ARE NORMAL AND THE REST IS JUST LULLS BETWEEN EACH CRISIS OR CALAMITY ? ANYHOO.........ENOUGH PIG PONTIFICATIN' ON WITH TONIGHT'S BUSINESS. 

LADIES AND GENTLEMEN......YOUR SCANS.....




MLA.V....NOT MUCH STORY BUT SOME HUGE NUMBERS TONIGHT. BEEN IN THE TOP TEN FOR THE LAST THREE TRADING SCANS. BEEN IN ACCUMULATION FOR A LONG TIME TOO. BIG POWER IN UNDER LYING MOVING AVERAGES, MOMENTUM BUILD UP AND NET CAPITAL INFLOWS. MAYBE IN FOR A DOUBLE IN THE MEDIUM TERM.











































BTR.V....ANOTHER BIG NUMBER SHOOTER. NO STORY FOR THE PIG JUST SOME SERIOUS NUMBERS. NEW ACCUMULATION PERIOD STARTING AND MOMENTUM UPSWING AND INDICATORS WITH GOOD RESULTS ANOTHER DOUBLE MEDIUM TERM THE PIG THINKS.

 

GX.V...A PREVIOUS PIG PICK THAT LOOKS ABOUT TO MOVE. BEEN SCANNING ON OUR TOP 10, 25 OR 30 LISTS FOR SOME TIME NO. HUGE ACCUMULATION PERIOD ON THIS PIGLET AND SOME BIG NUMBERS THE PIG FIGURES ONCE A NEWS FLOW COMMENCES THEN A DOUBLE ....OR MORE...... IS IN ORDER.



Most actively traded companies on the TSX, TSX Venture Exchange markets
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (11,526.71 down 108.04 points):
Questerre Energy Corp. (TSX:QEC). Oil and gas. Up $1.35, or 36.49 per cent, at $5.05 on 8,122,604 shares. The junior explorer's shares closed to a high not seen since last June after reporting test results from a well in Quebec.
Eastern Platinum Ltd. (TSX:ELR). Miner. Down four cents, or 3.05 per cent, at $1.27 on 7,703,072 shares.
Talisman Energy Inc. (TSX:TLM). Oil and gas. Up 31 cents, or 1.67 per cent, at $18.89 on 6,950,596 shares.
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Down nine cents, or 1.51 per cent, at $5.89 on 4,614,830 shares. The energy sector on the TSX dipped 1.09 per cent as oil futures on the New York Mercantile Exchange slid $1.45 to US$78.86 a barrel after closing higher for five consecutive trading days.
Suncor Energy Inc. (TSX:SU). Oil and gas. Down 70 cents, or 2.22 per cent, at $30.85 on 4,428,631 shares. Suncor announced Monday it would miss production targets until a fire-damaged oilsands upgrader in Alberta is back in service in early April.
New Gold Inc. (TSX:NGD). Miner. Down 23 cents, or 4.91 per cent, at $4.45 on 4,316,942 shares. The gold subgroup fell 1.79 per cent as the price of bullion on the Nymex dropped US$9.90 to $1,103.20 an ounce.
TSX Venture Exchange (1,519.99 down 8.48 points):
Gastem Inc. (TSXV:GMR). Oil and gas. Up 19 cents, or 32.76 per cent, at 77 cents on 5,834,494 shares.
Stratic Energy Corp. (TSXV:SE). Oil and gas. Up a penny, or 8.70 per cent, at 12.5 cents on 5,483,417 shares.
Companies reporting major news:
George Weston Ltd. (TSX:WN). Bakery. Up 80 cents, or 1.13 per cent, to $71.50 on 103,976 shares despite reporting that its fourth-quarter earnings tumbled to $82 million from $405 million a year ago. However, the company said that excluding a number of one-time costs, its earnings performance was strong for the quarter. Revenue fell 6.4 per cent to $7.5 billion, impacted by the sale of its Neilson Dairy business.
TransCanada Corp. (TSX:TRP). Utility. Up 28 cents, or 0.81 per cent, at $34.93 on 1,104,169 shares after it booked a 37.5 per cent improvement in fourth-quarter profit to $381 million. TransCanada also increased its quarterly dividend five per cent to 40 cents per share, the equivalent of $1.60 per year.


WANT TO BUY A HOUSE IN SPAIN ?


http://www.kyero.com/


A FRIEND OF THE PIGS...........

http://www.fasttracktocashflow.com/

Monday, February 22, 2010

THE PIGS MONDAY NIGHT MADNESS

THE PIG HAD A LOUSY DAY TODAY. A COUPLE OF THE PIGLETS ESCAPED FROM SCHOOL SO THE PIG HAD TO GO ROUND EM' UP GET EM'. NEEDLESS TO SAY IT CUT INTO THE PIGS ROUTINE AND HE WAS NOT PLEASED. WELL, TODAY WE SEE MORE VOLUME AND INTEREST IN THE GUL/MNL PLAY. THE PIG FINALLY RECEIVED SOME PERTINENT INFORMATION ON THIS SITUATION AND ITS RUMOURED HAPPENINGS. ALL THE PIG CAN SAY IS, "WOO HOO" ....HANG ON FOR THE RIDE PEOPLE.ONCE IT ALL COMES TOGETHER IT SHOULD BE A TEN BAGGER FROM THESE LEVELS.

A SLOW NIGHT IN THE SCAN DEPARTMENT...........ON WITH THE SHOW.




















REM.V....BIG SCANNER OF THE NIGHT. RARE EARTHS EXPLORATION PLAY THAT'S BEEN HELD UP BY NATIVE GROUPS NEAR THEIR PROPERTY. BIG NUMBERS NONETHELESS IN SEVERAL AREAS. ACCUMULATION FOR SOME TIME, DECENT FLOAT, ETC. THE PIG THINKS IT COULD BE A NICE PUT AWAY FOR THE LATE SPRING OR EARLY SUMMER WHEN RESULTS SHOULD BE KNOWN.


 


MPS.V..SOME GREAT NUMBERS FOR THE THIRD NIGHT IN A ROW AND OUT OF SIGHT ON A COUPLE. RUMOURS ALL OVER THE PLACE ON THIS ONE. THE PIG LIKES THE NUMBERS, THE PROPERTIES AND THE SITUATION. DOUBLE TO TRIPLE WRITTEN ALL OVER THIS ONE IN THE MEDIUM TERM.


 

NCM.V...THIRD BIG PIG OF THE NIGHT. EXCELLENT NUMBERS ION SEVERAL AREAS AND 
SOME DECENT STORY LINES TOO. REASONABLE FLOAT AND PROPERTY OWNERSHIP. A BIT EARLY IN THE PLAY BUT ANPOTHER TUCK AWAY FOR SUMMER. DON'T CHASE IT BUT ITS GOT A MEDIUM TERM DOUBLE WRITTEN ALL OVER IT.

  




Energy stocks take TSX lower

February 22, 2010

Malcolm Morrison


The Toronto stock market closed lower Monday, snapping a long string of gains as the market was weighed down by energy stocks even as oil closed above US$80 a barrel.
The S&P/TSX composite index lost 74.54 points to 11,634.75 as investors took a pause ahead of a big slate of economic data and earnings news this week.
The negative showing came after eight straight days of gains that sent the main index up more than five per cent on signs of a strengthening U.S. economy and higher commodity prices.
“(The market) certainly has a good tone despite all the problems out there that are going on in Greece and potentially other countries,” said Ian Nakamoto, director of research at MacDougall, MacDougall and MacTier, referring to the sovereign debt crisis that has unnerved investors in recent weeks.
“Earnings are doing very well here and I guess all the signs point to further earnings improvement.”
The Canadian dollar slipped 0.2 of a cent to 95.91 cents US.
The TSX energy sector was the leading decliner, losing 1.02 per cent as oil prices established a toehold above the US$80 a barrel mark. The March crude contract on the New York Mercantile Exchange, which expired Monday, gained 25 cents to US$80.16 a barrel. The more active April contract also rose 25 cents to US$80.31. EnCana Corp. (TSX:ECA) fell 92 cents to C$33.87.
Suncor Energy Inc. (TSX:SU) said its production of synthetic crude oil and bitumen in February and March will be below the company’s Feb. 2 guidance due to repairs required at a fire-damaged upgrader. The upgrader is expected to be operational again in April. Suncor shares were down 38 cents at $31.55.
Investors also took in a major piece of dealmaking over the weekend in the energy sector. Schlumberger Ltd. is buying rival oilfield-services provider Smith International Inc. in a stock deal worth about US$11.34 billion. Smith shares climbed $3.33 to US$41.03 and Schlumberger shares declined $2.33 to US$61.57.
The April gold contract on the Nymex was $9 lower to US$1,113.10 an ounce and the gold sector moved down 1.05 per cent. Barrick Gold Corp. (TSX:ABX) declined 93 cents to C$40.07.
The telecom sector lent support, up 0.27 per cent with Telus Corp. (TSX:T) ahead 32 cents to $33.82.
The base metals sector advanced 0.21 per cent, even as the March copper contract in New York dipped five cents to US$3.30 a pound. First Quantum Minerals (TSX:FM) gained $2.23 to C$81.15 while HudBay Minerals (TSX:HBM) gave back 22 cents to C$13.56.
Earnings and economic data will continue to provide traders with insight into the U.S. economy throughout the week.
In Canada, CIBC and National Bank will kick off the quarterly earnings reporting season for the big Canadian banks. Both banks issue quarterly reports on Thursday and analysts are looking for a positive quarter.
“I think capital markets should surprise on the upside,” Nakamoto said. “Loan losses I think, are contained (and) loan growth, primarily on the residential mortgage side, is probably pretty robust here.”
Ahead of those earnings, the TSX financial sector was down 0.52 per cent as Royal Bank (TSX:RY) lost 49 cents to $56.60 while Manulife Financial (TSX:MFC) trimmed 17 cents to $19.48.
In the United States, retailers are in focus this week. On Monday, home improvement retailer Lowe’s Cos. reported fourth-quarter profit rose 27 per cent. But its earnings forecast for the prime spring quarter was below analyst expectations and its shares were six cents lower at US$23.07.
Elsewhere in the sector, Canadian home renovations leader Rona Inc. (TSX:RON) is entering the specialized plumbing market in Quebec with the acquisition of distributor and retailer Plomberie Payette & Perreault Inc. for an undisclosed sum. Its shares were off 18 cents to $15.22.
An updated estimate on U.S. economic output for the fourth quarter is also scheduled for release this week. The gross domestic product report, due out Friday, is expected to show that the American economy grew at a pace of 5.6 per cent in the final three months of 2009.
An initial reading of GDP showed growth of 5.7 per cent.
Also, the latest reading on consumer confidence from the U.S. Conference Board will be released on Tuesday.
The TSX Venture Exchange moved down 3.43 points to 1,528.47.
New York’s Dow Jones industrials edged 18.97 points lower to 10,383.38. The Nasdaq composite index lost 1.84 points to 2,242.03 while the S&P 500 index closed down 1.16 points at 1,108.01.
Investors will also focus on testimony from U.S. Federal Reserve Board chairman Ben Bernanke on Wednesday and Thursday.
Canadian transponder maker Sirit Inc. (TSX:SI) said it has received a higher takeover offer from Federal Signal Corp. (NYSE:FSS), which is now offering 43 cents per share cash _ up from the initial offer of 30 cents per share. The new offer values Sirit’s outstanding shares at about $69.3 million. Sirit shares rose 12.5 cents to 42.5 cents.


Most actively traded companies on the TSX, TSX Venture Exchange markets
 
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (11,634.75 down 74.54 points):
Dundee Precious Metals Inc. (TSX:DPM). Miner. Down 16 cents, or 4.61 per cent, at $3.31 on 7,642,814 shares. The international miner's stock sank after announcing it would raise $66 million in a bought-deal financing with a syndicate of underwriters led by GMP Securities L.P. The deal includes an option to raise up to $75.9 million, with proceeds to be used for development and general corporate purposes.
Petrolifera Petroleum Ltd. (TSX:PDP). Oil and gas. Down 22 cents, or 18.8 per cent, at 95 cents on 5,682,528 shares after reporting technical problems with oil flow from its La Pinta 1X well in Colombia.
Sirit Inc. (TSX:SI). Technology. Up 12.5 cents, or 41.67 per cent, at 42.5 cents on 5,052,734 shares. The Canadian transponder maker has received an improved takeover offer from Federal Signal Corp. (NYSE:FSS), which is now offering 43 cents per share cash, up from the initial offer of 30 cents per share. The new offer values Sirit's outstanding shares at about $69.3 million.
Crew Gold Corp. (TSX:CRU). Miner. Up 6.5 cents, or 13.40 per cent, at 55 cents on 4,464,587 shares.
Chariot Resources Ltd. (TSX:CHD). Miner. Up 6.5 cents, or 13.40 per cent, at 55 cents on 4,464,587 shares.
Suncor Energy Inc. (TSX:SU). Down 38 cents, or 1.19 per cent, at $31.55 on 4,017,249 shares. Suncor said it would miss production targets until its fire-damaged oilsands upgrader in Alberta is back in service in early April.
TSX Venture Exchange (1,528.47 down 3.43 points):
Canext Energy Ltd. (TSXV:CXZ). Oil and gas. Up half a cent, or 1.06 per cent, at 47.5 cents on 15,286,000 shares.
Ecometals Ltd. (TSXV:EC). Miner. Up 52 cents, or 86.67 per cent, at $1.12 on 6,046,082 shares after announcing a "significant" intersection of porphyry-epithermal style mineralization at its Rio Zarza Gold Project in Ecuador.
Companies reporting major news:
Open Text Corp. (TSX:OTC). Business software. Up 94 cents or 1.91 per cent at $50.15 on 133,174 shares. Open Tex offered to buy Montreal-based digital content manager Nstein Technologies Inc. (TSXV:EIN) for $35 million or 65 cents a share, a 91 per cent premium on Friday's closing price. Nstein shares soared 30 cents or 88.24 per cent to 64 cents on 1,804,987 shares.
Yellow Pages Income Fund (TSX:YLO.UN). Directory publisher. Down four cents, or 0.67 per cent, at $5.89 on 1,613,716 units. Yellow Pages Group purchased Clear Sky Media Inc. and the 411.ca brand for an undisclosed amount. Clear Sky is the owner of RedFlagDeals.com, PriceCanada.com and Scarlett Lounge.

Sunday, February 21, 2010

THE PIGS WEEKEND UPDATE FEB. 20/21-2010

A BIG HOWDY TO ALL YOU HUMANS OUT THERE. HOPE YOUR ENJOYING YOUR WEEKEND. A PIG DOESN'T HAVE A WEEKEND TO SPEAK OF, ITS THE SAME BASIC DAY SEVEN DAYS A WEEK. BUT ITS A LIFE, REGULAR SLOP, WARM BED, AND SOME REALLY CRAZY FARM MATES. MAKES FOR SOME INTERESTING DAYS, MUCH LIKE THE STOCK MARKET. BY THE WAY, ANYONE PICK UP ON THE GOLD PRICE MOVEMENT THIS WEEK. STAY TUNED ITS GOING TO GET INTERESTING.

TOUGH WEEKEND FOR FINDING PEARLS IT SEEMS BUT WE DID HAVE A FEW GREAT SCANNERS.

ON TO THE SCANS....

CUI.V...BIG SCANNER OF THE WEEKEND. STORIES FLOATING AROUND ABOUT WHY. THE NUMBERS ARE STRONG IN A FEW AREAS, NET CAPITAL INFLOWS, MOVING AVERAGES AND RSI VECTORS. THIS ONE COULD BE A MOVER OVER THE NEXT FEW DAYS SO BE AWARE. MIGHT BE A DOUBLE IN THE SHORT TERM AND AN OUTSIDE CHANCE AT MORE IN THE SHORT TERM.















































MDV.V...NOT MUCH STORY ON THIS PIGLET. JUST SOME REALLY NICE NUMBERS. SCORED HIGH IN 8 OF 10 VECTORS. MIGHT BE A NICE TRADER SHORT TERM FOR US. 
CERTAINLY SOMEBODY HAS LIKED IT, BIG ACCUMULATION THE LAST FEW MONTHS.  MUST BE SOMETHING NICE COMING DOWN THE PIPE.




TGE.V...JUNIOR ENERGY PLAYER WITH RUMOUR OF AN OIL HIT ON THEIR PROPERTY IN ALASKA. BIG NUMBERS ON THE SCAN IN 7 OF 10 AREAS INCLUDING ONE OFF THE CHARTS IN THE  MOMENTUM AREA. THE PIG SAYS KEEP AN EYE ON THE LIQUIDITY SITUATION AND IF IT KEEPS TRADING WELL IT MAY BE A GOOD CANDIDATE FOR A DOUBLE NEAR TERM.

 














Thursday, February 18, 2010

THE PIGS THURSDAY NIGHT PORK PCKS

EVENING FOLKS, BUSY DAY ON THE OLD FARM TODAY AND I TRUST YOUR DAY WAS THE SAME.  THE PIG NOTICED A FEW MORE OF HIS PREVIOUS PICKS WERE UP TODAY. A POINT TOWARD THE FACT THAT PATIENCE IS A LARGE COMPONENT OF THIS GAME. THE PIG HATES TO BEAT A DEAD HORSE (THE PIG HATES TO BEAT A DEAD ANYTHING) BUT HERE AT THE PIG STY, WE AIM TO TRY AND FIND YOU THOSE PRE-BREAKOUT PIGLETS THAT YOU CAN LATCH ONTO AND WITH TIME AND PATIENCE RIDE THEM TO CHOICE CHOP PROFIT LAND.THE PIGS STILL A TAD UNDER THE WEATHER SO LETS GET TO TONIGHT'S SCANS...............

 



CGD.V...BIG NUMBERS TONIGHT. NO REAL STORY EXCEPT WHATS ON THE SCANNER AND NICE LOW FLOAT THAT THE PIG LIKES TO SEE. SOME NICE ACCUMULATION AND LARGE MOMENTUM NUMBERS AS WELL. MIGHT BE A NICE ACCUMULATION TARGET FOR THE PIGS READERS......SOMTHIN'S GOIN'ON...













































GSH.V.....THE PIG PICKED THIS PIGLET ON JANUARY 19TH AT .095 AND SINCE THEN HAS TRADED OVER   .10 TWICE INCLUDING TODAY. A STRONG CHART PERSISTS AND TONIGHT'S SCAN HAS SHOWN RENEWED STRENGTH AND DETERMINATION IN MOST SECTORS. GREAT ACCUMULATION SO THE PIG SAYS ONCE AGAIN...FOLLOW THE SMART MONEY AND HAVE PATIENCE !!

 


SUL.V....THE PIG SEES A BIT HIGHER THAN HE LIKES FLOAT HERE. HOWEVER THE SCANNER PICKS IT NUMBER 3 TONIGHT AND MAYBE FOR GOOD REASON. STRONG IN DISTRIBUTION, NET CAPITAL INFLOW AND MOMENTUM VECTORS IT ALSO SCORED REALLY HIGH  IN THE MOVING AVERAGES VECTORS. MAYBE ONE TO WATCH FOR THE PIGS FELLOW PORKERS...


Most actively traded companies on the TSX, TSX Venture Exchange markets
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (11,694.84 up 59.35 points):
Timminco Ltd. (TSX:TIM). Metals producer. Up four cents, or 3.23 per cent, at $1.28 on 7,122,212 shares. The specialty metals producer is planning a new plant in Iceland, which is set to produce 50,000 tonnes of silicon metal.
Eastern Platinum Ltd. (TSX:ELR). Miner. Up two cents, or 1.48 per cent, at $1.37 on 6,326,600 shares. The metals and mining sector was one of the leading advancers on the TSX, rising 1.52 per cent.
New Gold Inc. (TSX:NGD). Miner. Down 29 cents, or 5.69 per cent, at $4.81 on 5,673,567 shares. The April bullion contract on the New York Mercantile Exchange slipped $1.40 to US$1,118.70 an ounce, but the gold sector on the TSX rose 1.04 per cent.
Petrolifera Petroleum Ltd. (TSX:PDP). Oil and gas. Up 25 cents, or 24.27 per cent, at $1.28 on 5,561,457 shares. The Calgary-based company's shares rose to a six-month high as it announced "significant progress" in the remediation program at its La Pinta 1X well in Colombia.
Yamana Gold Inc. (TSX:YRI). Miner. Down two cents, or 0.18 per cent, at $11.14 on 5,293,626 shares.
Uranium One Inc. (TSX:UUU). Miner. Down nine cents, or 2.83 per cent, at $3.09 on 5,005,321 shares. The Vancouver-based miner has signed a deal to raise $250-million through bought deal financing, with proceed to be used for potential acquisitions, working capital, development projects and general corporate purposes.
TSX Venture Exchange (1,523.68 up 4.96 points):
Medoro Resources Ltd. (TSXV:MRS). Gold explorer. Up 10 cents, or 15.38 per cent, at 75 cents on 8,317,000 shares.
Result Energy Inc. (TSXV:RTE). Oil and gas. Up a penny, or 2.70 per cent, at 38 cents on 6,730,051 shares.
Companies reporting major news:
Barrick Gold Corp. (TSX:ABX). Miner. Up $1.29, or 3.25 per cent, at $40.94 on 4,689,754 shares. The world's largest gold miner reported a fourth-quarter profit of US$215 million, reversing a loss of US$468 million in the year-earlier period amid stronger gold prices. It also said it plans to spin off its African assets into a new publicly-traded company.
Penn West Energy Trust (TSX:PWT.UN). Oil and gas. Up 42 cents, or 2.12 per cent, at $20.22 on 1,415,423 units. The company's units were up even though Pen West reported a $12-million net loss in the fourth quarter, a reversal of last year's Q4 profit of $404 million, along with a 14 per cent decline in revenue. Penn West said its focus this year will be expanding its already extensive conventional oil and gas holdings in Western Canada.
Transcontinental (TSX:TCL.A). Printer and publisher. Up 10 cents, or 0.80 per cent, at $12.67 on 35,493 shares. CEO Francois Olivier told the annual shareholders meeting of Canada's largest printer that despite the challenges of the new digital media, "we see print and the new media co-existing for a very, very long time."


THE PIGS REAL ESTATE PROPERTY OF THE WEEK.....

http://crossborderrealty.com/pdfs/TheCliffs.pdf

Search This Blog

Followers

About Me

30 Years of experience in the markets, including some time as a broker.