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

By Gregory Thomas, Vancouver Sun 

February 25, 2010 5:02 PM

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.