22 Jan 2009
The Oil ran based on the forecast, however the DXO performance do not insync with the OIL Price from 33.3 - 42. Therefore I suggest to keep an eye on another ETF directly related to Oil . UCO -
Last night, the UCO is apparently out performance than DXO.
DXO is an ELN - It is Linked Note For UCO it is an ETF
The cost structure is different
DXO
Market Price is 2.53
Investor Fee 0.75%
Premium 0.88%
Market Cap 554.7M
Inception 6/16/08
UCO
Market Price 11.71
Expense Ratio 0.95%
Market Cap 107.2M
Inception 11/25/2008
Market daily Review
US Market
The US Market open at 8057 and once dropped to 7943. While the new treasurer release that the new bailout complain will be release in coming two to three weeks the market starting moving up and closed high to 8228.
The AAPL report better than forecast
AAPL Result (Source from DOW)
Reports Q1 (Dec) earnings of $1.78 per share, $0.39 better than the First Call consensus of $1.39; revenues rose 5.8% year/year to $10.17 bln vs the $9.75 bln consensus. Co issues downside guidance for Q2, sees EPS of $0.90-1.00 vs. $1.13 consensus; sees Q2 revs of $7.6-8 bln vs. $8.2 bln consensus. Co reports 4.36 mln Q1 iPhones vs ~4.6 mln street expectations, 2.52 mln Macs vs ~2.5 mln street expectations, and gross margins of 34.7% vs 31.9% street expectations. "Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history???surpassing $10 billion in quarterly revenue for the first time ever," said Steve Jobs, Apple's CEO.
INTEL closed plant
The co announces plans to restructure some of its manufacturing operations and align its manufacturing capacity to current market conditions. The company will consolidate and streamline some older capacity without impacting the deployment of new, leading-edge 45-nanometer and 32-nanometer manufacturing capacity. The company plans to close two existing assembly test facilities in Penang, Malaysia and one in Cavite, Philippines, and will halt production at Fab 20, an older 200mm wafer fabrication facility in Hillsboro, Ore. Additionally, wafer production operations will end at the D2 facility in Santa Clara, Calif. The actions at the four sites, when combined with associated support functions, are expected to affect between 5,000 and 6,000 employees worldwide. However, not all employees will leave Intel; some may be offered positions at other facilities. The actions will take place between now and the end of 2009.
Crude Oil climb back to over 42 level
Tonight, the US will report the Oil inventory and the Oil industry report. The Crude Oil price will have big swing.
NXY closed at 14.05
The financial sector rebound
BAC closed 6.68
C closed at 3.67
EARNING REPORT TODAY
AMD
GOOG
Lockheed Martin
MEMC Electronic Material
Microsoft
Nokia
Samsung Electronics
United Health Group
The HK Market
The HS index opened high 12844 closed at 12657 + 74 (+0.59%)
Turnover volume is 353.77 M
005 positive closed 57 + 2 (+3.636%) 47M
3988 closed 1.93 +0.04 (+2.16%)599M
1398 closed 3.23 +0.050 (+1.572%)215M
HS Future closed at 12572 under 86 point
China Market
Shanghai Market closed at 2004.95 +1% turnover 665 M
BOC RMB3.08 +0.98%
ICBC RMB3.69 +0.27%
Japan Market
Nikkei closed 8051 + 150 (+1.9%)
UFJ 487 + 4 (0.82%
International Report
Thursday, January 22, 2009
12:00 a.m. JPN: Dec Supermarket sales
2:45 a.m. FRA: Dec Household consumption expenditure in manufactured goods
5:00 a.m. EU: Nov Indus new orders
5:00 a.m. EU: Q3 Balance of payments, 2nd release
6:00 a.m. UK: Jan CBI Quarterly Indus Trends Survey, Total Order Book Balance Expected: -40 Previous: -42
8:30 a.m. CAN: Nov Total Retail Sales Previous: -0.9%
8:30 a.m. CAN: Nov Retail Sales, Ex-Autos Previous: -1.1%
8:30 a.m. CAN: Dec Composite Leading IndicatorsIndex(LII) Previous: -0.7%
10:30 a.m. CAN: BoC Monetary Policy Report Update
6:50 p.m. JPN: Nov All Industry Activity Index (on month) Previous: -0.5%
US Report
Thursday, January 22, 2009
7:00 a.m. MBA Mortgage Application Refinance Index For Jan 16: Previous: 7414.1.
8:30 a.m. Initial Jobless Claims For Jan 17 Week: Expected: +24K. Previous: +54K.
8:30 a.m. Dec Housing Starts: Expected: -4.0%. Previous: -18.9%.
10:00 a.m. DJ-BTMU Business Barometer For Jan 9: Previous: -1.4%.
11:00 a.m. US Energy Dept Oil Inventories
11:00 a.m. UAPI Oil Industry Report
The US Market open at 8057 and once dropped to 7943. While the new treasurer release that the new bailout complain will be release in coming two to three weeks the market starting moving up and closed high to 8228.
The AAPL report better than forecast
AAPL Result (Source from DOW)
Reports Q1 (Dec) earnings of $1.78 per share, $0.39 better than the First Call consensus of $1.39; revenues rose 5.8% year/year to $10.17 bln vs the $9.75 bln consensus. Co issues downside guidance for Q2, sees EPS of $0.90-1.00 vs. $1.13 consensus; sees Q2 revs of $7.6-8 bln vs. $8.2 bln consensus. Co reports 4.36 mln Q1 iPhones vs ~4.6 mln street expectations, 2.52 mln Macs vs ~2.5 mln street expectations, and gross margins of 34.7% vs 31.9% street expectations. "Even in these economically challenging times, we are incredibly pleased to report our best quarterly revenue and earnings in Apple history???surpassing $10 billion in quarterly revenue for the first time ever," said Steve Jobs, Apple's CEO.
INTEL closed plant
The co announces plans to restructure some of its manufacturing operations and align its manufacturing capacity to current market conditions. The company will consolidate and streamline some older capacity without impacting the deployment of new, leading-edge 45-nanometer and 32-nanometer manufacturing capacity. The company plans to close two existing assembly test facilities in Penang, Malaysia and one in Cavite, Philippines, and will halt production at Fab 20, an older 200mm wafer fabrication facility in Hillsboro, Ore. Additionally, wafer production operations will end at the D2 facility in Santa Clara, Calif. The actions at the four sites, when combined with associated support functions, are expected to affect between 5,000 and 6,000 employees worldwide. However, not all employees will leave Intel; some may be offered positions at other facilities. The actions will take place between now and the end of 2009.
Crude Oil climb back to over 42 level
Tonight, the US will report the Oil inventory and the Oil industry report. The Crude Oil price will have big swing.
NXY closed at 14.05
The financial sector rebound
BAC closed 6.68
C closed at 3.67
EARNING REPORT TODAY
AMD
GOOG
Lockheed Martin
MEMC Electronic Material
Microsoft
Nokia
Samsung Electronics
United Health Group
The HK Market
The HS index opened high 12844 closed at 12657 + 74 (+0.59%)
Turnover volume is 353.77 M
005 positive closed 57 + 2 (+3.636%) 47M
3988 closed 1.93 +0.04 (+2.16%)599M
1398 closed 3.23 +0.050 (+1.572%)215M
HS Future closed at 12572 under 86 point
China Market
Shanghai Market closed at 2004.95 +1% turnover 665 M
BOC RMB3.08 +0.98%
ICBC RMB3.69 +0.27%
Japan Market
Nikkei closed 8051 + 150 (+1.9%)
UFJ 487 + 4 (0.82%
International Report
Thursday, January 22, 2009
12:00 a.m. JPN: Dec Supermarket sales
2:45 a.m. FRA: Dec Household consumption expenditure in manufactured goods
5:00 a.m. EU: Nov Indus new orders
5:00 a.m. EU: Q3 Balance of payments, 2nd release
6:00 a.m. UK: Jan CBI Quarterly Indus Trends Survey, Total Order Book Balance Expected: -40 Previous: -42
8:30 a.m. CAN: Nov Total Retail Sales Previous: -0.9%
8:30 a.m. CAN: Nov Retail Sales, Ex-Autos Previous: -1.1%
8:30 a.m. CAN: Dec Composite Leading IndicatorsIndex(LII) Previous: -0.7%
10:30 a.m. CAN: BoC Monetary Policy Report Update
6:50 p.m. JPN: Nov All Industry Activity Index (on month) Previous: -0.5%
US Report
Thursday, January 22, 2009
7:00 a.m. MBA Mortgage Application Refinance Index For Jan 16: Previous: 7414.1.
8:30 a.m. Initial Jobless Claims For Jan 17 Week: Expected: +24K. Previous: +54K.
8:30 a.m. Dec Housing Starts: Expected: -4.0%. Previous: -18.9%.
10:00 a.m. DJ-BTMU Business Barometer For Jan 9: Previous: -1.4%.
11:00 a.m. US Energy Dept Oil Inventories
11:00 a.m. UAPI Oil Industry Report
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