TFN eNews 12/02/2009: Platinum demand helps score double-digit gains!
Published via e-mail broadcast on December 2, 2009
In today’s TFN eNews:
* When the good news is the bad news
* Three winning plays
* Change in building codes unlocks a billion-dollar bonanza for this commodity
Dear TFN eNews reader,
The pundits are again celebrating November’s destruction of 169,000 private-sector jobs as good news:
“The pace of U.S. job losses slowed,” wrote CNN.com.
Fantastic news indeed: By the time “only” 100,000 jobs are eliminated a month, the U.S. military may have been in and out of Afghanistan and Kabul may be a global hub of peace and prosperity.
Thank goodness that’s only 18 short months away…
The U.S. markets were apparently as uninspired by this new Golden Age as the European heads of state whose appreciative circumlocution masked the fact they really have no intention of committing any of the 10,000 additional participants for NATO’s Afghan adventure.
But despite the humdrum performance of the indexes, a few key stocks provided gluttonous relief:
*** Harley Davidson’s (NYSE:HOG) York, PA, manufacturing facility’s union is voting on its latest labor agreement. If it passes, Harley stays put in the blue-collar town. If it fails, Harley has plans of moving to Kentucky.
While a labor contract rarely has much of an impact at the shareholder level, this one’s different. “This is the contract that will land a knockout blow to the company’s labor woes,” says TFN’s Andrew Snyder. It allows Harley to cut its York headcount by more than half and greatly increase workforce efficiency.
Andrew’s TFN Strategic Trader members earned gains of 60% by playing the news. Those kinds of gains are tough to find on the equities market these days, but in-and-out traders should have some luck over the next day or so.
*** Another mover was United States Natural Gas (NYSE:UNG). TFN Strategic Trader members are familiar with this stock as well: Those who followed Andrew’s recommendation to the letter locked in gains of 400% just a few weeks ago by playing a strategic set of put options.
TFN Hot Stock Confidential bagged some short-term profits with Anooraq Resources (AMEX:ANO), an exploration-stage platinum miner based in South Africa. With gold prices on the rise and the popularity of the dollar waning, all sorts of investors want in on the platinum market.
Now, Anooraq is not putting much platinum on the market quite yet. But we got in on the action thanks to the company’s well-leverage positioning. Earlier today, we unloaded our position for gains of nearly 20% — for double-digit gainer #71 for Hot Stock Confidential members in 2009!
(No typo here: 71 double-digit gainers!)
Not too shabby for a three-month investment!
*** There are places in the world where something as mundane as a change in the building code translates into a mega-event for an entire industry.
One 20-million megalopolis just eased restrictions on one particular method of construction. And China plans to invest $132 billion in affordable housing.
Already, January futures for this commodity have risen $10– the most allowed on the Chicago Mercantile Exchange — the highest closing price since August 2008!
The TFN team will present you with a comprehensive report on this “new crude” by next week!
***Tomorrow, a small biotech company will present its cancer-busting technology to 100 financial institutions.
If just one of them decides to buy as little as 100,000 shares, this penny stock could soar 20, 30, or even 50 cents by Friday.
Find out which stock it is — plus 12 more stocks with ”Moon Shot” potential:
Even in this market, it’s not really uncommon for some stocks to return 500%, 1000%, even close to 3,000% in just a few months. Sometimes it only takes weeks. Or even days. What do they all have in common? We’ll tell you right here…
http://www.todaysfinancialnews.com/PSC/LAUNCH/EPSCKB07.html
*** Quote of the Day:
“Carbon trading is the Emperor’s New Clothes of international finance. It was invented by none other than Ken Lay, whose Enron would currently be one of the prime beneficiaries in the global alternative energy market, if it hadn’t been shown to be (nearly) as fraudulent as the current AGW scam. It is a licence to fleece, cheat and rob.” — James Delingpole
Recommended Reading:
3 Penny Stocks With Winning Potential
Three stocks you must watch today
Today’s Top 3 Financial News Stories:
MoneyNews.com – Investors Fear Debt Markets Overheating “Private-equity firms are returning to the high-yield, high-risk, debt market for acquisitions and dividend payouts little more than a year after the global default rate for speculative-grade companies rose to the highest since the Great Depression.”
Telegraph.co.uk — Dubai serves as worrying harbinger for exit strategies “Here’s an interesting way of looking at the threatened Dubai default, which is that this is an early example of an “exit strategy” which we’ll see nations across the globe adopting over the next year or two as governments seek to limit the damage to their own balance sheets of underwriting their economies through the financial crisis.”
Bloomberg.com — ADP Says U.S. Companies Cut Estimated 169,000 Jobs “Companies in the U.S. cut an estimated 169,000 jobs in November, according to a private report based on payroll data.”
Cordially yours,
J. Christoph Amberger
Executive Publisher, TodaysFinancialNews.com
Next Article: High fives for the bears
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