News Details – Smallcapnetwork
SCN : 1/28/2011 - Hanging On By A Thread
/

February 2, 2024

/

PDT

Market Outlook You know what's amazing about Friday's implosion of the market? Despite the fact that we've ban talking about it for weeks, and despite the fact that a correction is long overdue, even Friday's pullback hasn't delivered what could be considered a 'death blow'. Barring any unlikely changes between now and Friday's closing bell, the market will still close out the week with a win, scoring the eighth winning week in the last nine. Trend followers, though nervous, have to acknowledge the trend is still on the bullish side of the fence. On the other hand, man-o-man are the bears in attack mode. As it stands right now, the S&P 500 has gained 8.3% since the bottom of November's lull, and 21% since the August bottom. There's not been a healthy correction over that five-month span either, which is nerve-racking at this point. Traders know it's coming, but they don't know when. They know it's soon though, and may well be now. To read the rest of this article, click here. Community Update If you haven't already done so, sign-up to become a member of the SmallCap Network Community. You will be able to comment on articles and create your own space to begin publishing your own content. Stock Picks, Articles, Blogs, Analysis, just to name a few. We are continually developing new functionality to make the community feature rich and usuable for all of our members. If you have any comments or suggestions we would like to hear them. Also, if you are interested in become an official contributing writer to the SCN community please let us know by emailing us.   SCN Community Articles The New Mobile Wallet for Money on the Go How would you like to pay for purchases with your cell phone? No more credit cash, credit cards, or ATM cards. Consolidation of the pocket. Parts of Europe have been deploying this technology for years and it looks like it might finally start testing here in the U.S. Read on to see who's doing what in the mobile payment solutions space. Remanufacturing Becomes a Hot Issue in Washington Going green isn't just a concept for energy or recycling aluminum cans anymore. It is becoming big business for manufacturers around the world as profit margins are generally better than newly manufactured products. Refurbished, or remanufactured, products extend the life-cycle of a product and increase the bottom line of companies that facilitate the process. Auto Dealerships Soar New and used car sales are trending up. Way up. This has been proven to be very beneficial for the stocks of some auto industry public companies. Whether they be new car dealerships, used car dealerships, or online auctions that have their hand in the auto buy/sell industry. Everyone's benefiting. Sales of luxury cars could be an indicator of consumer confidence and things to come. New Rules From the SEC Favor the Shareholder The newly enacted Dodd-Frank Act is going to give shareholders a little bit more say on what compensation packages public company executives receive and is going to put those compensation packages a little bit more under the microscope. That's good news, in general, for shareholders, but is it going to prevent future executives walking away from failing companies with millions in their pockets leaving shareholders holding the bag? Probably not. Gold Dives as Traders Bail Out for the Broader Market Gold has been a hot commodity for the last several years. With global fear and panic over currencies, devaluation, and inflation, gold has ridden the fear wave to new highs. About 300% increase in 5 years isn't bad for any security. But, like they say, "What goes up, must come down." Two IPOs that Could Cause a Stir Some more IPOs this week that could provide a good opportunity for investors. IPOs are usually exciting for investors, but it doesn't always mean its a good investment. Do your homework. Radient Officials Believe Public Spin-Offs Will Bring Full Compliance and More Value To Shareholders Radient Pharmaceuticals received some bad news this week, but the company is trying to take lemons and make lemonade. See how this might affect current shareholders and what other opportunities lie ahead as the company attempts to address the current problems. More Articles This Week's Biggest Insider Trades Penny Stocks Making Headlines with Dry Volume Intel Takes It Shareholders to Heart McDonald’s Positive Quarterly Report Contains a Big Warning Vodka, Whiskey, and Cocktails Come Back Into Favor So Why is Davos Such a Big Deal? Telecom Makes Strange Bedfellows The Clues Are There if You Choose to See Them Stocks Ya' Gotta' See This Morning Consumer Confidence and New Jobs in Texas Japanese Exports to China Hit a Record High China Loves Apple Computers, Simple as That Starbucks Talks Global Food Costs Invest in ETFs, Stocks or Both? That is the Question. Borders Group Cash Infusion Really Does Save the Day A Wicked Catch-22 Japanese Companies Ride the Roller Coaster Up, Up, & Away... 50-Day Moving Average Is What Hedge Funds Keep a Close Eye On DARK HORSE TRADERS' HEDGE - Money Changes Everything for LCC, JBL and LDK China Holds Its Money Close to the Vest The Last Official Day at Davos