Timing & trends

CHINA SURPRISES: MANUFACTURING IS EXPANDING

Posted by Mamta Badkar

on Thursday, 1 August 2013 3:16

Chinese Sub-Indices

Official Chinese manufacturing PMI climbed to 50.3 in July.

This beat expectations for a decline to  49.8, from 50.1 the previous month.

This will come as a relief to markets as concerns mount over China’s economic slowdown. 

 

Here’s The Real Cost Of Sitting On Cash

Posted by Joshua Zumbrun & Jeff Kearns

on Thursday, 1 August 2013 3:04

More Americans said they’d rather keep their savings in cold hard cash, even if they wouldn’t need the money for more than 10 years down the line. 

After cash, real estate garnered 23% of the vote, followed by gold and other precious metals with 16%. 

The stock market ranked the lowest of all, with just 4% of votes. 

While no one can blame investors for shying away from the market after the volatile few years we just had, there’s a lot wrong with this line of thinking.

 

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Read what a spooked investor is supposed to do HERE

Some 3.27 million new cars are now sitting on lots across the U.S., more than there have been in almost five years, according to Automotive News. A year ago at this time, by contrast, there were 2.7 million vehicles lying in wait across the country; summer 2011 saw an inventory of about 1 million fewer cars.

But there are a few, very real reasons for car executives to be confident….

….read why HERE

Sector Update: Shopping 36 Metals & Mining Companies At 52-Week Low

Posted by Sally Jones via Guru Focus

on Thursday, 1 August 2013 2:43

With all the lows in companies mining for gold, silver, copper, platinum and palladium, it could be time to go shopping in the metals and mining sector. Back in April, the metals and mining sector showed 118 companies at a 52-week low. This week there are only 36 out of 173 companies at a 52-week low, with a low ratio of 0.21. Here’s a look at a few highlights from mining companies around the world.

81.2% off high

Mexico and Argentina: Golden Minerals Co. (AUMN)

The GuruFocus 52-week low screener reveals that Golden Minerals Co. (AUMN) is at a 52-week low of $1.36 (high was $7.22). According to the GuruFocus Value Screen for 52-week lows, AUMN is 81.2% off high.

Golden Minerals Co. is an emerging precious metals producer engaged in the operation and further development of its recently acquired Velardeña mines in Mexico, and in the advancement of silver exploration property in Argentina.

Trading histories show that Jim Simons was the last guru to sell out at the end of first quarter 2013. 

Historical pricing: 

1375296838948

….read much more HERE

This Powerful Chart Made Peter Lynch 29% A Year For 13 Years

Posted by Terry Burnham via Danielle Park of Juggling Dynamite

on Thursday, 1 August 2013 2:27

In his excellent book One Up on Wall Street, Peter Lynch, the best mutual fund manager ever, revealed a powerful charting tool that helped him to achieve a gain of 29.2% in his portfolios for 13 years. In this chart, Peter Lynch drew the stock price and the earnings per share together and aligned the value of $1 in earnings per share to $15 in stock price. He wrote in pages 164-165 of the book:

…..read view the explanation of the chart HERE

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