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PE valuation for global stock markets and trend during the bull market.
2007-10-03 14:42:00
This picture shows you how global stock markets have tended since the bull market has started on 2003. You see also P/E ratios tendency (highest decrease for Spain, increase for India). Third column has ETF connected with respective stock market.picture source: Tickersense bloghttp://stockweb.blogspot.com/atom.xml
More About: Market , Markets , Global , Stock , Bull

Stock screener and statistics for Czech Stock Exchange.
2007-10-03 10:16:00
I am giving you link to left sidebar where you can find monthly pdf reports about companies traded at Prague Stock Exchange . It has major statistics about trading activities, fundamental indicators and also valuation for major Czech stock indices. Currently Czech main market has P/E 23,44 and P/BV 2,95 with Dividend yields 3,16.http://stockweb.blogspot.com/atom.xm l
More About: Statistics , Chang

Standard & Poors has improved rating for Czech Republic.
2007-10-03 09:18:00
Rating which is taking into consideration mainly foreign-exchange liabilities and ability to acquittance was improved from grade A- to A. Also rating about domestic liabilities went up from grade A to A+. Undoubtedly positive news are reflecting reform of public finance which will help deficit reduction.On the other side for better rating S&P agency is missing better outlook or even plan for EURO adoption. creditworthiness of Czech Rep ublic is now at the same level like Slovakia, Lithuania, Estonia. Other CEE countries Hungary and Poland are with lower rating.In former times also currency (Czech Koruna) appreciation led for rating increase.http://stockweb.blogspot.com/ato m.xml
More About: Standard , Analyses , Republic

Weekly outlook.
2007-10-01 09:45:00
Go ahead earnings season...Monday:Economic: ISM Index (52.5), Auto / Truck (5.1, 7.2M)Earnings: Walgreen (WAG), Palm (PALM), AngioDynamics (ANGO)Tuesday:Economic: Pending Home Sales (88)Earnings: Pepsi Bottling (PBG)Wednesday:Economic: ISM Services (55), Weekly CrudeEarnings: RPM Inc (RPM), Immucor (BLUD)Thursday:Economic: Weekly Claims (310K), Factory Orders (-2.5%)Earnings: Constellation Brands (STZ), Family Dollar (FDO), Marriott (MAR), Matrix (MTRX), Micron (MU), Ninetowns (NINE), Pall Corp (PLL), Research In Motion (RIMM), Sealy (ZZ)Friday:Economic: NF Payrolls (100K), Unemployment (4.7%), Hourly Earnings (.3%)Earnings: Emmis (EMMS), Merix (MERX)http://stockweb.blogspot.com/atom.x ml
More About: Outlook

Stock screener for another emerging market - Romania.
2007-09-27 09:40:00
I found this fundamental stock screener on official home page Bucharest Stock Exchange. You can sort Romania n shares based on fundamental indicators like P/BV, PER, Dividend yield, Book Value etc. I am giving you link again to left sidebar.http://stockweb.blogspot.com/atom .xml
More About: Market , Mania , Cree

Two emerging markets, two EU newcomers - Romania, Bulgaria.
2007-09-27 09:36:00
Both countries are showing excellent performance especially in recent 3 years. Stock index of Bucharest Stock Exchange BET has multiplied 4 times its value in last 3 and half years.Even better performance has Bulgaria n index SOFIX which due to growth in recent 6 months reached P/E valuation 28. http://stockweb.blogspot.com/atom.xml
More About: Markets , Romania , Analyses , Newcomers

Bullish divergence for BMW - I missed this trade ..
2007-09-26 19:40:00
During weekend I was searching some good pick for long term position. BMW was hot candidate. Price was dragged down by August sell off. Not even positive sentiment of last couple of days helped shares for reverse as weak USD lowered general expectation for BMW. Nevertheless strong bullish pattern (bullish divergence with RSI) has been created. You can see on technical chart. On Monday shortly after opening company announced that due to big demand factories are working on full capacities. Altogether shares has lifted more that 10% from 42 EUR to 46.7 EUR in 3 days !!!http://stockweb.blogspot.com/atom.xml
More About: Trade , Bullish , Dive

New shares listed on secondary Czech stock market - including Deutsche Tele
2007-09-26 13:21:00
Deutsche Tele kom (the owner of T-Mobile) is now listed on second stock market (electronic exchange) in Czech Republic on RM-SYSTEM. Also new Czech names are coming like Zentiva, Erste Bank, ORCO, AAA AUTO and CME. In near future we can expect other big companies from abroad. All international shares are converted to Czech Koruna.http://stockweb.blogspot.com/atom. xml
More About: Stock Market , Market , Stock , Shares

Global slowdown has no impact on Czech economy.
2007-09-26 09:49:00
Czech National Bank announced yesterday that US slowdown has indirect impact on Czech economy. Even though US interest rates are going down and rates of Euro zone could be unchanged in Czech Republic we are still in time of increasing interest rates.http://stockweb.blogspot.com/atom.x ml
More About: Economy , Global , Czech

Weekly outlook.
2007-09-24 11:25:00
MondayEconomic: NAEarnings: NATuesdayEconomic: Consumer Confidence (104.5), Existing Homes (5.55M)Earnings: FactSet (FDS), Lennar (LEN), Red Hat (RHT), Resources Connect (RECN), Worthington (WOR)WednesdayEconomic: Durable Orders (-2.5%), Weekly CrudeEarnings: Actuant (ATU), Bed Bath & Beyond (BBBY), Paychex (PAYX), Xyratex (XRTX), KB Home (KBH), Rite Aid (RAD)ThursdayEconomic: Weekly Claims (315K), New Homes (830K)Earnings: Accenture (ACN), C & B (CBK), Cintas (CTAS), Global Pay (GPN), Jabil (JBL), Pall (PLL)FridayEconomic: Inc & Spend (.4% .4%), Core PCE (.2%), Chicago PMI (53.5), Construction (-.1%), Michigan (84)http://stockweb.blogspot.com/atom.xml
More About: Outlook

Stock screener for Western European stocks.
2007-09-23 15:36:00
Today I found quite useful link sorting shares based on technical indicators (MACD, Momentum, RSI, Stochastic, GD crossover, Bollinger Bands, Parabolic). Technical screener is scanning following world indexes, ATX, ViDX, DAX, HDAX, MDAX, TecDAX, EuroStoxx50, SMI, FTSE100, DOW30, Nasdaq100, S&P100, Mib30, CAC40 and also major East Europe stocks.Tool is provided by Raiffeisen Centrobank. I am giving you link to left sidebar section "Stock screeners" as usual.http://stockweb.blogspot.com/atom.x ml
More About: Stocks , European , Analyses , Western

British Pound dropped after credit turmoil spreads to UK.
2007-09-23 13:24:00
Today I was looking for investment to diversify my portfolio. Last week majority of world currencies were bullish against USD. GBP improved significantly less than others and lost a lot against EUR after credit turmoil spreads to UK. Have a look to chart comparing 3M x-rates GBP/EUR and USD/EUR. Currency pair EUR/GBP is now 0.6977 with low volatility but crossing below support 0.6995-0.6980. Therefore there could be bullish pressure on GBP.I found few put turbo investment certificates underlaying EUR/GBP with reasonable spread (up to 1%). DE000SDL74T3 (spread 0.79%, leverage 13.1), DE000TB8P9V4 (0.59%, 9.9). And too turbo certificates with very strong leverage. DE000SDL1B21 (1.86%, 31.1), DE000SDL15Y6 (1.86%, 31.0),All are listed on EUWAX.http://stockweb.blogspot.com/atom.x ml
More About: Credit , Currency Trading , British , Spreads , Certificates

Retrospection for last 2 IPO in Czech Republic.
2007-09-22 11:23:00
Developer group ECM gained 60 mil. from IPO. First day trading closed 12% higher (CZK 1471) above issue price. Now, after 10 months, market price is 1650 CZK hitted by worldwide negative sentiment in sector. Shares reached all-time-high (CZK 2050) on April.Textile producer Pegas has entered Czech stock market shortly after ECM and with IPO revenue 49 mil. EUR. Shares closed first day 6% higher at CZK 784. Current market price is CZK 750 with all-time-high also on April (CZK 820).Both went public with small issue value as IPO AAA Auto did on Friday. Let's see first trading on Monday...http://stockweb.blogspot.com/ato m.xml
More About: Czech Republic , Czech Rep , Republic

IPO - The share issue of AAA Auto Group in PSE.
2007-09-22 10:44:00
AAA Auto underwrote its share on Friday and the share issue will be traded in Prague Stock Exchange from Monday 24/09. They went stagging 2 EUR per share meaning altogether 39 mil. EUR issue revenue. Company is going to use capital for expansions in other regions.http://stockweb.blogspot.com/atom .xml
More About: Share , Group , Issue

ETF speciality - agribusiness, environment, nuclear and alternative energy.
2007-09-20 18:24:00
Van Eck Global has issued several ETF which are really unique and special. All of them are traded on AMEX.Nuclear Energy ETF (NLR) having almost half exposure at uranium mining and plants structure with 40%. Holdings are Hitachi (HIT), Cameco (CCJ), USEC (USU). Agribusiness ETF (MOO) is different than Powershares DB Agriculture Fund (DBA) as MOO is investing directly to world wide agriculture companies. DBA uses futures contracts for commodities. Big names are Potash, Deere (DCO), Komatsu. Environment al Services ETF (EVX) with following constituents: Veolia, Republic Services, Waste Management. Global Alternative Energy ETF (GEX) portfolio is composed mostly from European mid and small caps like Vestas, SolarWorld, First Solar.http://stockweb.blogspot.com/atom.x ml
More About: Alternative Energy

How to invest in crude oil with ETF.
2007-09-20 14:52:00
Crude oil is reaching all time high $82. Many of us are looking at some softening. However you are long or short with crude oil let me put some ETF in question.Well known and most liquid are (OIL) and (USO) with one to one relation to crude oil price. If you are more bullish or bearish with some part of oil business maybe you pick some speciality from ETF like following:SPDR Oil & Gas Equipment & Services (XES), iShares Oil Equipment & Services (IEZ), SPDR Oil and Gas Exploration & Drilling (XOP), iShares Oil and Gas Exploration & Production (IEO)Of course all are short able. But if you have no shorting available there is still one inverse ETF UltraShort Oil & Gas ProShares (DUG) with almost double leverage.http://stockweb.blogspot.com/ato m.xml
More About: Invest , Crude Oil

Update for Czech Blue Chip stocks.
2007-09-19 14:28:00
6% Unipetrol shares were bought by J&T. This belief could attract other investors. Unipetrol and CEZ are getting more attractive in line with rising oil and electricity prices. CEZ also finished reconstructions for 4 water power stations. There are positive news about coming IPO AAA Auto. They won law suit for usage its brand name in Slovakia.http://stockweb.blogspot.com/ato m.xml
More About: Stocks , Blue , Update , Chip , Czech

Interest rate puzzle revealed.
2007-09-18 20:25:00
FED Fund rate and discount rate down by .50% !!! With commentary that future action will be dependent on economic data and general outlook. Now we can see this cut as a fuel mainly for sectors, laggards last days like financial, lenders, home builders.Before today's announcement I closed all shorts and I'm going to pick some long position tomorrow in pre-market.Look at industries: leaders and laggardsSteel & Iron +6.70%Industrial Metals & Minerals +5.98%Surety & Title Insurance +5.89%Cement +5.70%Home Furnishing Stores +5.55%Foreign Money Center Banks +5.47%Building Materials Wholesale +5.46%Manufactured Housing -1.55%Computer Based Systems -0.40% Meat Products -0.40%Long Distance Carriers +0.10% Aerospace/Defense - Major Diversified +0.14%Processing Systems & Products +0.45%http://stockweb.blogspot.com/atom.x ml Originally posted at: http://www.stockweb.blogspot.com/
More About: Puzzle , Interest , Analyses , Rate , Interest Rate

Looking at FED decision about interest rate.
2007-09-18 12:06:00
Anticipated decision about interest rate is coming today at 20:15 Czech time zone. Therefore I expect quiet trading on Prague Stock Exchange till today closing bell with gap for tomorrow's open. Futures are indicating that chances for rate cut are equal for 25 bp and 50 bp. Worsening US economy with credit turmoil are the main reason for cutting. Contrariwise inflation fear is still visible as we are still out of range 1-2%.http://stockweb.blogspot.com/atom.xm l Originally posted at: http://www.stockweb.blogspot.com/
More About: Decision , Interest , Rate , Interest Rate , Eres

Weekly outlook - FED meeting.
2007-09-17 08:53:00
Very interesting week ahead. On Tuesday FED meeting statement and also big financial names are reporting earnings. Monday:Economic: Empire Index (18)Earnings: Adobe (ADBE) Tuesday:Economic: PPI & Core (-.1%, .1%), FOMC statementEarnings: Lehman (LEH), Best Buy (BBY), AutoZone (AZO), Kroger (KR), Darden (DRI)Wednesday:Economic: Weekly Crude, CPI & Core (.0%, .2%), Housing & Permits (1.36M, 1.35M)Earnings: AAR Corp (AIR), Dress Barn (DBRN), CarMax (KMX), General Mills (GIS), Morgan (MS)Thursday:Economic: Weekly Claims (320K), Leading Indicators (.0%), Philly Fed (2.0)Earnings: Bear Stearns (BSC), Goldman (GS), FedEx (FDX), Progress Sftwr (PRGS), Nike (NKE), Oracle (ORCL), Circuit City (CC), Computer Sciences (CSC)Friday:Economic: NAhttp://stockweb.blogspot.com/atom.xml Originally posted at: http://www.stockweb.blogspot.com/
More About: Outlook , Meeting

Russian Stock Market offers discounted valuation among emerging markets.
2007-09-15 19:52:00
After a look to BRIC country's valuation based on PE ratio, Russia is the cheapest among them. Russia 12, China 14, India 18, Brazil 13. But PE ratio in Russia vary significantly in sectors. Telecommunication, financial with 20 after many many acquisitions and IPOs. Investors like them also because of low share to GDP comparing others developed countries. Those sectors are with dynamic growth. Materials, energy and oil & gas stay with lower P/E valuation. As they are highly dependent on government interventions and commodities prices.Purely Russia focused ETF on NYSE is RSX. On French stock market ETF Russia (FR0010326140) is issued by Lyxor. EUWAX offers almost hundred investment certificates for Russian index RDX.http://stockweb.blogspot.com/atom.xml Originally posted at: http://www.stockweb.blogspot.com/
More About: Stock Market , Market , Markets , Stock

ETF - getting exposure from Central and Eastern Europe.
2007-09-13 19:24:00
Let's have a look to ETF with some CEE holdings.details at: www.stockweb.blogspot.comSPDR S&P Bric 40 ETF (BIK) - It has 25% share kept in Russian stocks (Gazprom, Lukoil), the rest are BRIC countries. Two thirds in energy and financial sectors. ETF is currently traded over net asset value (NAV).iShares MSCI Emerging Markets Index Fund (EEM) - With 9% Russsian stocks. More country (India, Mexico, South Africa, South Korea, Brazil, Taiwan) and sector diversified. Traded at fair value comparing to NAV.SPDR S&P Emerging Markets ETF (GMM) - More or less the same instrument as EEM issued by State Street Global Advisor traded over NAV.SPDR S&P Emerging Europe ETF (GUR) - Almost half in energy and quarter in financial shares. Strongly focused on Central and Eastern European countries. 58% in Russia, 14% Poland, 12% Turkey, 8% Hungary, 3% Czech Republic. Major holdings are Gazprom, Lukoil, Surgutneftegaz, MOL, OTP, CEZ. ETF price nowadays over NAV.Market Vectors TR Russia ETF (RSX) - P...
More About: Exposure , Eastern Europe

Emerging market Armenia - quiet but successful story.
2007-09-13 18:06:00
In last years Ukraine and Kazakhstan have caught fire and many investors have taken opportunity and multiplied invested money. But forgotten emerging market Armenia passed last 6 years with booming economy.more at: http://www.stockweb.blogspot.com/The European Bank of Reconstruction and Development estimates some 75% of economic activity occurring in the private sector. The same number as for EU newcomers Bulgaria and Poland, and well above the 65% figure for Ukraine.Since 2000, GDP has more than tripled in dollar terms with average growth rate 11.5% The fastest growing sector is construction. Agriculture and export are stagnating.Armenia Stock Exchange in Yerevan is very shallow with total capitalization of $66m for traded companies. It contains potential especially in banking sector. Stock of private-sector bank credit to GDP is 8.7%, giving Armenia the lowest private-sector credit /GDP ratio of any country in Eastern Europe. Also due to government's plan to conduct a pension ref...
More About: Story , Market , Tory , Quiet

Free financial newsletter provided by CFO.
2007-09-10 21:42:00
I'd like to recommend you service provided by CFO company. Publisher of CFO magazine. I found out that they provide podcast and newsletter directly sent to your email. The content is really high quality and new. And what is the best, it's free.Sign up now for FREE email alerts with content covering the latest corporate finance news and analysis available.CLICK HERE for more info.http://stockweb.blogspot.com/atom.xm l Originally posted at: http://www.stockweb.blogspot.com/
More About: Financial , Free , Newsletter , Fina , Ovid

Long position with France ETF (EWQ).
2007-09-10 21:23:00
Today one hour after US markets opened I bought EWQ for $35.1 (I'm quite lucky to pick up daily low). Franc e is my favourite among Western European countries as they are going throught Sarkozy reforms. Also PE valuation 13 is below Euro Zone average. YTD performance equals zero for French index CAC-40 with 52 weeks 10% increase. The only Ireland ISEQ is worse.http://stockweb.blogspot.com/atom.x ml Originally posted at: http://www.stockweb.blogspot.com/
More About: Long , Posi , Position

PE ratios and dividend yield for Central and Eastern European Blue chip sto
2007-09-10 10:50:00
CompanyP/EDividend yieldCME59.10CEZ19.71.8Telefonica 0221.116.8Erste Bank15.41.2Unipetrol190KB17.13.5Philip Morris146.2Zentiva20.51OPG8.70.9ECM7.90Pe gas Nonw.12.60Mag. Tel.12.915.3TSPA14.66.4MOL10.32PKN Orlen10.30PKO BP20.71.9PEO203.8OTP12.41.6Egis10.50.5Ged eon17.51.9KGHM6.315.7TVN23.80.4Lotos7.50. 5PGN27.32.6Adidas180.9Bayer23.11.8E.ON17. 52.8Siemens23.91.7Volkswagen29.70.9I prepared table showing main fundamentals indicators (PE ratio and dividend yield) for major Central and Eastern European Blue chip companies. http://stockweb.blogspot.com/atom.xml Originally posted at: http://www.stockweb.blogspot.com/
More About: Analyses

Weekly outlook.
2007-09-10 08:48:00
Not very interesting week ahead in terms of number of earnings reports and economic news. Only from personal interest I'm looking at Computer Sciences results as friend of mine is working for them.MondayEconomic: Consumer Credit ($9.5B)Earnings: Luluemon (LULU), Shuffle Master (SHFL), Take-Two (TTWO)TuesdayEconomic: Trade Balance (-$59.0B)Earnings: Syntax Brillian (BRLC)WednesdayEconomic: Weekly CrudeEarnings: Sharper Image (SHRP), Aspen Tech (AZPN)ThursdayEconomic: Weekly Claims (330K), Treasury Budget (-$85.0B)Earnings: Flow (FLOW), Pier 1 (PIR), Spartech (SEH), Computer Sciences (CSC), Foundry (FDRY), Pall Corp (PLL), Tektronix (TEK)FridayEconomic: Import / Export, Current Account (-$190.0B), Retail Sales / ex Auto (.5%, .2%), Industrial Production & Capacity Utilization (.3%, 82%), Biz Inv (.3%), Michigan (83.5)http://stockweb.blogspot.com/atom.x ml Originally posted at: http://www.stockweb.blogspot.com/
More About: Outlook

Russia - Safe investments in credit market turmoil.
2007-09-09 19:54:00
One of the stock markets which were unaffected by credit market turmoils is Russia n. Russian shares benefited from many positive aspects. June GDP expansion 8.2% with overall Q2 growth 7.6%. This great number were fueled by a very strong investment increase (22.3%) and consumer spending. It is not surprising as real wages rose 17.5% and personal incomes 11.2%. Among major sectors expanding in first half are construction (24%), manufacturing (9.7%), retail (9.2%). Apart from rising domestic demand, Russian economy gained also from rising oil prices.http://stockweb.blogspot.com/atom. xml Originally posted at: http://www.stockweb.blogspot.com/
More About: Credit , Market , Analyses , Investments

Baltic emerging markets - stock screener.
2007-09-07 11:09:00
All three Baltic countries Lithuania, Latvia and Estonia (Tallinn Stock Exchange, Riga Stock Exchange and Vilnius Stock Exchange) are part of OMX. OMX is exchange for Nordic and Baltic countries. I found interesting link which is providing you main financial indicators about listed companies and main indices (OMXBBGI, OMXT, OMXR, OMXV). You can also see monthly the best performing and the worst performing stocks. Here is link.Baltic stocks - Financial screenerhttp://stockweb.blogspot.com/atom .xml Originally posted at: http://www.stockweb.blogspot.com/
More About: Markets , Cree

GDP Growth in Czech Republic beats expectation.
2007-09-07 10:24:00
Czech economy continues with fast growth. In last quarter (Q2) grew 6% when expectations were 5.8%. The highest increase we see with household spending (6.5%). High employment and wages growth help consumers to spend more. In euro area countries GDP growth is 2.5%, Slovakia with 9.4%, Hungary 6.9%.http://stockweb.blogspot.com/atom.xm l Originally posted at: http://www.stockweb.blogspot.com/
More About: Czech Republic , Growth , Analyses , Beats , Grow