Lunes 11/01/10 cambio de timon en el congreso, QE2

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BVN es una de las companias que tiene mas del 50% de ganancias, BVN tiene nada menos que 83% de ganancias.

View by: Fundamentals SmartSelect Price & Volume .
Export | Print Symbol Company Name Annual Profit Margin (Latest Yr) EPS % Chg (Last Qtr) EPS % Chg (Prior Qtr) Sales % Chg (Last Qtr) EPS Est % Chg (Current Qtr) EPS Est % Chg (Current Yr) Tools
MSB Mesabi Trust 93.8 4100 500 2574 116 186
BVN Buenaventura Comp Ads 83.2 17 -17 21 -7 6

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SLW


Daily Stock Analysis
Will Silver Wheaton's Strategy Continue To Pay Off For Investors?
By CHRISTINA WISE, Investor's Business Daily
Posted 10/27/2010 01:11 PM ET

Gold and silver prices have been climbing for months. That's been a boon for some mining stocks and today we're going to look one of them.

It's Silver Wheaton (SLW). It's based in Canada and rather than mining for silver, it makes purchase deals with mining companies. In exchange for an upfront payment, Silver Wheaton gets the right to buy all or a portion of the silver the mining companies produce at a low fixed cost.

•Given the recent run up in precious metal prices, that's been a pretty profitable line of business. The company logged triple-digit sales growth gains during the past three quarters.
•Earnings growth has also been solid, coming in at a hefty 150% last quarter.
•But the company did see earnings and sales growth slow a few years back, so growth has been both up and down over the long term.
•You see that reflected in its Earnings Stability Factor, which is 39. That rating runs from 1 to 99 and gauges how consistent a company's earnings have been over the past three to five years. When you're sizing up a stock, the lower the Stability Factor the better.
•Mutual funds and hedge funds have noticed the stock. They own about 20% if its available shares. And the number of funds owning the stock has been rising, which is also good.


Chart Analysis
•That interest from big investors has helped fuel the stock's run over the past year or so.
•As it climbed, it's repeatedly found support along its 10-week moving average line. Big investors often snatch up a stock when it dips to that benchmark line and their buying power pushes the stock higher.
•Along the way, it's also paused and formed base patterns also known as consolidations then continued its journey.
•In September the stock began to form a three-weeks-tight pattern (Point 1). Here was the 1st week of that pattern (Point 2). And in the two weeks afterward, the weekly closing prices were within 1% of the previous week's closing price.
•It broke out of that formation in mid-October (Point 3).
•But rather than launch a new run, it stumbled and pulled back near its 10-week moving average line (Point 4).
•The stock has been trying to rebound up from that line, but so far, volume hasn't been very heavy (Point 5). Ideally you'd like to see volume coming in well above average. That would tell you there's power behind the move.
•If the volume does kick in, the ideal buying range would be between the 10-week moving average line (Point 6) and 5% above the peak in the pullback (Point 7).


Stock Checkup
•Silver Wheaton's 98 Composite Rating is one of the highest in its Mining-Gold/Silver/Gems industry group.
•Its 97 EPS Rating is also one of the group's best.
•Its 97 Relative Strength Rating is No. 13 in the group.

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Los futures del Dow Jones 58 puntos alza.

Euro up 1.3966, yen 80.62

Australia -0.04% , Korea +0.28%

Oil up 81.83, Au up

Yields 2.61%

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Se habla de intervencion en Japon con su moneda.

El Nikkei -0.12%

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El PMI de China sube mas de lo esperado a 54.7

El Nikkie , el hang Seng +1.68%, el Shanghia C. +1.03%, Korea +1%, Australia +0.85%, el Nikkei -0.18%

Los futures del Dow Jones 75 puntos al alza.

Euro up 1.3961, yen down 80.61

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El crecimiento de China en Octubre es el mas alto en seis meses.

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Au up 1,358

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Metales al alza, China no desacelera

Copper October 31,21:59
Bid/Ask 3.7495 - 3.7504
Change +0.0393 +1.06%
Low/High 3.7078 - 3.7559
Charts

Nickel October 31,21:50
Bid/Ask 10.4674 - 10.4946
Change +0.0857 +0.83%
Low/High 10.3495 - 10.4969
Charts

Aluminum October 31,21:51
Bid/Ask 1.0479 - 1.0488
Change +0.0045 +0.43%
Low/High 1.0393 - 1.0505
Charts

Zinc October 31,21:59
Bid/Ask 1.0990 - 1.1000
Change +0.0175 +1.61%
Low/High 1.0805 - 1.1009
Charts

Lead October 31,21:53
Bid/Ask 1.1059 - 1.1098
Change +0.0117 +1.07%
Low/High 1.0917 - 1.1184
Charts

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Au up, oil up

9:57 p.m. EDT 10/31/10Futures Last Change Settle
Crude Oil 81.94 0.51 81.43
Gold, Dec. 1358.0 0.4 1357.6
DJ Industrials 11141 75 11066
S&P 500 1188.60 8.90 0.00

10:08 p.m. EDT 10/31/10Currencies Last (bid) Prior Day †
Japanese Yen (USD/JPY) 80.60 80.47
Euro (EUR/USD) 1.3992 1.3919
† Late Friday in New York.

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La manufactura surge en China e India, los demas paises del resto del Asia-Pacifico rezagadas.

El crecimiento en India demuestra como las economias lideradas por su demanda interna pueden crecer solas a pesar de que sus monedas se valorizan amenazando sus exportaciones.

El PMI de China crecio 54.7 en Octubre. El Shanghai C. subio 2.5%. El de China fue 57.2

En el resto del Asia la historia es diferente. Wl PMI de Taiwan cayo a 48.5 de 49, tercera contraccion. South Korea tuvo un PMI de 46.75 de 48.81 cayendo por sexto mes consecutivo. En Australia tambien el sector manufacturero se ha contraido debido a la moneda y a la falta de mano de obra y esta en 49.4.



China, India Manufacturing Surge, Rest Of Asia-Pacific Lags

By MICHAEL S. ARNOLD
SINGAPORE—Manufacturing in China and India continued to surge in October, bucking the trend in the rest of the Asia-Pacific region, where strong currencies and concerns over the health of the global economy are dragging down business sentiment.

The results should give heart to those who feared the engine of the global recovery was sputtering after PMI readings for China dipped briefly into contractionary territory earlier this year.

But it also suggests the region's other economies can't count on China's growth to spur their own, with an increasing amount of that nation's economic growth domestically driven and with rising currencies pressuring the competitiveness of their exports.

The strong reading in India also demonstrates how more domestically driven economies are insulated from the uncertain recovery in the world's advanced economies.

China's official Purchasing Managers Index rose to 54.7 in October from 53.8 a month earlier, the China Federation of Logistics and Purchasing said Monday. A PMI reading above 50 indicates an expansion, while a reading below 50 signals contraction.

A China PMI index produced by HSBC Bank rose to 54.8 from 52.9, one of the largest on-month rises since the bank started issuing the data in 2004.

"If anything, the engine of growth is speeding up and running faster than people were expecting," said Glenn Maguire, Société Générale's chief economist for Asia-Pacific. "It's certainly not stalling."

The results contributed to a surge in Asian markets Monday, with China's benchmark Shanghai Composite stock index rising 2.5% and sending Hong Kong's benchmark index up 2.4%.

Mr. Maguire said China's strength should continue to flow through to the rest of the region but warned that the knock-on effects might not be as strong as in the past.

"The last upswing we saw in PMIs, in 2009, was largely driven by production due to China's massive infrastructure and investment package: The strong pickup in China PMIs corresponded nicely with strong exports from Australia, Taiwan, South Korea, Brazil—economies leveraged off the China growth model," Mr. Maguire said. "The recovery now is perhaps being driven more by developments that have been sourced domestically, so there's not the same call on the rest of Asia."

In India, the October HSBC PMI rose to 57.2 from 55.1. Output was driven by new orders and export demand, but the pace of expansion in new orders remained muted compared to that in the initial months of 2010. Export orders rose at their weakest pace since November 2009.

Outstanding orders rose, suggesting pressure on production capacity continued, the survey said. A pile-up of unfinished orders helped add staff in October, marking a reversal of shrinking employment in the three months before October. Meanwhile, input price inflation across the manufacturing industry rose in October.

Société Générale's Mr. Maguire said much of the weakness in the ex-China numbers reflected soaring currencies that have hurt local exporters.

"Rightly or wrongly, these economies' manufacturers are acutely sensitive to the exchange rate, and in thin-margin businesses, it tends to be the be-all and end-all of considerations," he said. "In an environment of uncertain final demand, exchange-rate uncertainty is having an outsized negative impact on business sentiment."

But he predicted brighter skies ahead.

"It's important to remember that the infrastructure programs announced (by the Chinese government) in November 2008 are still occurring and are still flowing through to the world's commodity exporters and capital goods producers," he said. "China remains at the fulcrum of quite a strong dynamic that will have a clear follow-through to the rest of the region."

In export-reliant Taiwan, the HSBC PMI fell to 48.6 from 49.0, the third-straight contraction, as new orders continued to slow. South Korea's PMI fell to 46.75 from 48.81, declining for a sixth-straight month, while manufacturing contracted for a second month amid escalating concerns over the strength of the global economy.

"The global-restocking bounce has finally come to an end, and Korea is feeling the chill," Song Yi Kim, an economist at HSBC Asia, said in a statement. "Already grappling with falling output prices, especially in tech products, Korean exporters have also seen a slump in their orders amid fading demand overseas. This will weigh on economic activity in the fourth quarter."

Australia's manufacturing sector contracted as well, hurt by labor shortages and a strong currency, though the pace of decline slowed.

The Australian Industry Group-PricewaterhouseCoopers Australian Performance of Manufacturing Index remained contractionary at 49.4 but was up 2.1 points from a month earlier.

"Manufacturers continue to be inhibited by strong overseas competition amid the strengthening Australian dollar, soft domestic demand and an intensification of skill shortages," Australian Industry Group Chief Executive Heather Ridout said.

--Aaron Back in Beijing, In-Soo Nam in Seoul and Aries Poon in Taiwan contributed to this story.

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Los futures del Dow Jones 54 puntos al alza.

Oil up 82.19, Au up 1362

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+48

Libor igual 0.29%

Europa mixta, el Asia cerro mixta tambien.

Oil up 82.17

Yield down 2.60%

Euro up 1.3954

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Oil up 82.11

+41

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Copper November 01,07:39
Bid/Ask 3.7654 - 3.7666
Change +0.0552 +1.49%
Low/High 3.7078 - 3.7814
Charts

Nickel November 01,07:38
Bid/Ask 10.5196 - 10.5309
Change +0.1379 +1.33%
Low/High 10.3495 - 10.6207
Charts

Aluminum November 01,07:39
Bid/Ask 1.0622 - 1.0628
Change +0.0188 +1.80%
Low/High 1.0393 - 1.0674
Charts

Zinc November 01,07:38
Bid/Ask 1.1015 - 1.1027
Change +0.0200 +1.85%
Low/High 1.0805 - 1.1139
Charts

Lead November 01,07:39
Bid/Ask 1.1124 - 1.1139
Change +0.0183 +1.67%
Low/High 1.0917 - 1.1184

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Los desafíos de la primera presidenta de Brasil
Por John Lyons y Paulo Prada

SAO PAULO, Brasil—Dilma Rousseff, una ex- guerrillera de 62 años convertida en poderosa ministra, se transformó en la primera presidenta de Brasil con una amplia victoria sellada por la prosperidad económica y la amplia popularidad de su predecesor y mentor, Luiz Inácio Lula da Silva.

Con casi 99% de los votos escrutado, Rousseff obtuvo el 55,93% de los votos superando el 44,07% de su rival, José Serra, el ex-gobernador de Sao Paulo, en la segunda vuelta de las elecciones. A comienzos de octubre, Rousseff ganó la primera vuelta pero no logró reunir el 50% necesario para evitar la segunda.

La elección catapulta a una relativamente desconocida burócrata al timón del mayor país latinoamericano, en el momento en que está forjando de un papel más preponderante en la economía global. Brasil se transformó en la octava economía del mundo en los últimos años, lo que le da suficiente influencia para presionar a Estados Unidos y Europa para que incluyan a los países emergentes en conversaciones sobre la crisis financiera global. Brasil organizará el campeonato mundial de fútbol de 2014 y de los Juegos Olímpicos de 2014.

"Voté por Dilma porque espero que continúe el trabajo de Lula", dijo María Rosa Lima de Souza, una ama de casa de 52 años de Santa Teresa, un barrio de clase obrera en Río de Janeiro. "Nuestra forma de vida está mejorando", aseguró.

Rousseff, una economista dos veces divorciada que derrotó el cáncer este año, ganó con una plataforma continuista. Durante sus dos períodos de gobierno, Lula se transformó en uno de los presidentes más populares de Brasil gracias a una mezcla de políticas de estabilidad cambiaria y creciente gasto social que sacó a 21 millones de personas de la pobreza. Lula, que no se podía presentar a una segunda reelección, preparó a Rousseff como su sucesora.


Associated Press

Dilma Rousseff, presidenta electa de Brasil.
.No es difícil ver porqué el mensaje de extender el legado de da Silva resonó en un país que se apresta a crecer 7% este año. Los ingresos de los hogares crecieron 32% durante la gestión de Lula y millones de nuevos integrantes de la clase media se mudaron a nuevas casas. Aunque muchos integrantes de la pudiente élite brasileña denigran tanto a da Silva como a Rousseff, ellos también se beneficiaron. El principal índice de la Bolsa de Sao Paulo subió más de 500% durante el gobierno de da Silva y Lamborghini eligió Sao Paulo para inaugurar su primer punto de ventas en América Latina.

Los resultados probablemente ponen punto final a la carrera de Serra, que fue derrotado por da Silva en 2002 y deja a su centro-izquierdista Partido de la Socialdemocracia Brasileña sin un liderazgo claro. Aunque se le reconoce r haber sentado las bases para las exitosas políticas económicas que da Silva luego adoptó, el partido no ha sido capaz de igualar la popularidad del Partido de los Trabajadores de da Silva.

Aunque los brasileños votaron por la continuidad, están recibiendo una líder muy diferente. Como mandatario, el afable da Silva, demostró ser capaz de mantener buenas relaciones con un espectro de políticos en Brasil y en el extranjero. Es posible que sea el único líder occidental que se lleve bien tanto con el presidente de Estados Unidos, Barack Obama, como con el de Irán, Mahmoud Ahmadinejad. Rousseff no tiene esa característica, dicen los observadores. Como jefa de gabinete, se ganó una reputación como una administradora dura e irascible. Mientras que da Silva es un generalista que confiesa leer poco, Rousseff se sumerge en los detalles económicos.

La primera tarea de Rousseff puede ser hacer la transición desde la ejecutora de las políticas de da Silva a una líder nacional. Uno de sus primeros desafíos puede ser el propio da Silva. Aunque el líder dijo que dejará la política por un tiempo, algunos analistas predicen que podría encontrar difícil no interferir. Algunos incluso especulan que el presidente, de 64 años, podría considerar postularse en 2014 cuando la Constitución se lo permite.

"Lula podría ser de gran ayuda para Dilma o podría ser muy dañino", señala Paulo Sotero, que encabeza el Brazil Institute del Centro Woodrow Wilson en Washington. "La pregunta es, ¿le dará a ella el espacio político para operar?"

Durante la campaña, Rousseff prometió construir sobre la base de los avances de da Silva para erradicar la pobreza extrema y elevar al país firmemente al club de los países desarrollados. Aunque Brasil ha avanzado a pasos agigantados desde que logró controlar la inflación a mediados de los años 90, aún tiene un largo camino que recorrer.

"Este ha sido un proceso de dos décadas desde un comienzo complicado a un nuevo nivel de prosperidad", explica José Sheinkman, economista oriundo de Brasil de la Universidad de Princeton que fue consultado por las autoridades durante el primer gobierno de da Silva. "El desafío para el nuevo gobierno es determinar los próximos pasos", consideró.

Para trasformarse en la nación rica que Rousseff imagina, Brasil debe abordar temas complejos como mejorar la educación y erradicar las crecientes tasas de delincuencia, dicen los economistas.

"No puede ser un esfuerzo fragmentado", advierte Marcio Garcia, economista de la Pontificia Universidad Católica de Río de Janeiro. "Hay que abordar la infraestructura, la educación, la productividad, hay que formalizar la economía", opinó.

Diana Kinch contribuyó con este artículo.