Penny Stock

By Mike Zaman

USB analyst appear to be bearish where PC related shares are concerned, as 2010 growth has been reduced for all major and minor players, 2010 and 2011 are looking murky for technology stocks.
PC Growth estimates have been reduced a full 5% with chip revenues flat.

Downgrades are everywhere:

The Major PC manufactures have all been downgraded to neutral, while Hynis, and LG were downgraded to sell. and each company share is reflecting the negative news:

In early trading Friday:
HPQ is down to $38.43.
INTC is down to $17.98.
WDC is down to $25.56.
VSEA is down to $24.99. and
TER is down to $9.22.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

By Mike Zaman

Cisco Systems (CSCO)

September 10, 2010

Cisco Systems, one of the NASDAQ premier stocks closed on September 9 at $20.64. This price is just above its support range of $20.35. Cisco has shown a high of $27.74 over the past 52 weeks. The question which is anyone’s guess, can it recapture this high?

CSCO which does not pay dividends is a stock for investors who are looking to make in and out profits. The low over the past 52 weeks was $19.82 so there is a range for capital gain.

Technical indicators show that the stock may be ready for some market recovery, and based on this, market analysts are recommending a strong buy.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

Reported by: Eric CRWE Newswire Middle East correspondent

US stock markets closed on a positive note from Wednesday trading session on news of a successful auction of Portuguese government debt which lifted the market.

The Dow Jones Industrial Average DJIA advanced 46.32 points or 0.5% to close at 10,387.01 for the day. Standard & Poor 500 index gained 0.6% or 7.03 to 1,098.87 while NASDAQ surged 0.9% to close at 2,228.87 points in today trading session.

The total consolidated traded volume was 3.3 billion shares whereas gainers to losers stood in a ratio of 2 to 1 on New York Stock Exchange.
Qiao Xing Mobile Communication Co., Ltd. (NYSE: QXM) was the top gainer at NYSE as its share price advanced 37.60% to close at $3.55 with traded volume of 1.93 million shares.

Netezza Corporation (NYSE: NZ) showed exceptional movement on the rumor of possible takeover. Its share price advanced 12.32% to close at $23.97 with traded volume of 7.60 million shares for the day.

The Talbots, Inc. (AMEX: TLB) announced its second quarterly result according to which its profit increased but the company wasn’t optimistic about the next quarter. The share price declined 1.26% to close at $10.97 with total traded volume of 11.62 million shares.

Bank Atlantic Bancorp, Inc. (NYSE: BBX) was top loser of the day at the New York Stock Exchange as the share price declined 11.76% to close at $0.900 with overall volume of 2.21 million shares.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

Reported by: Eric CRWE Newswire Middle East correspondent

The Japanese Yen is near its 15 year high against the US dollar as Japanese government is unlikely to take any measures to control the Yen movement.

The US dollar declined 0.2% to 83.69 against the US dollar in overnight trading while the Euro declined below 1.2700 versus the greenback. The British pound on the other hand advanced to 1.5423 against the US dollar.

The Australian dollar advanced to its highest level of the last four months to 0.9237 against the US dollar on better Australian employment data. The Australian dollar also advanced to 1.3800 against the Euro.

Crude oil future contract for October advanced $0.48 to $75.13 per barrel on New York Mercantile Exchange at Singapore’s trading session. Crude oil prices surged due to decrease in US crude oil inventories as the crude inventories decreased by 7.3 million barrels in the last week according to American Petroleum Institute. Brent Crude declined $0.06 to $78.11on ICE Futures exchange at London’s trading session.

In other commodities at Nymex heating oil future contract for October delivery advanced $0.0012 o $2.0823 per gallon whereas gasoline remained unchanged at $1.94 per gallon. Natural gas October delivery contract advanced $0.014 to $3.828 per 1,000 cubic feet.

Stock markets remained bullish on Thursday on successful debt auction by Portugal which built investor’s confidence in European economies.

London’s FTSE 100 advanced 0.2% to 5.439.37 whereas France’s CAC-40 declined 0.1% to 3,676.78. DAX advanced 0.1% to 6,166.57 in Germany.
In Asia, Nikkei 225 stock average index advanced 0.8% to close at 9,098.39, Hang Seng index surged 0.4% to 21,167.27 whereas Shanghai Composite Index declined 1.4% to close at 2,656.35 for the day.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

Reported by: Eric CRWE Newswire Middle East correspondent

The US dollar declined to 83.34 against the Japanese Yen in overnight trading which is the lowest in the last 15 years; however the greenback recovered to 84 in the later part of the session as the European bank facing liquidity problems began buying.

Traders turned to the Japanese Yen as a safe heaven on worries over negative measures in European banking sector. The Euro also declined 0.5% to 105.80 against the Japanese Yen whereas the euro remained unchanged at 1.2700 against greenback.

The Swiss franc seemed to be in high demand as the Euro also declined to 1.2766 against the Swiss franc.

Stock markets globally remained bearish as the recent surge of the Yen against the US dollar could result in lower exports for Asian Businesses.

Further the stress results of 91 banks further added to the negative sentiments.

Nikkei 225 stock index declined 2.2% to close at 9,0264.60, Shanghai Composite index dropped 0.1% to 2,695.29 while Hang Seng declined 1.5% to close at 21,088.86 for the day.

In Europe, London’s FTSE declined 0.2% in early trading session however it recovered to report an increase of 0.22% to 5,419.81, DAX advanced 0.46% to 6,146.16 while CAC-40 surged 0.7% to 3,670.02 in France.

Crude oil future contract for October delivery declined $0.42 to $73.67 per barrel on the New York Mercantile Exchange in Singapore’s trading session. Brent crude dropped $0.46 to $77.28 on the ICE Futures Exchange in London’s trading session.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.