XOM

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This week got off to a good start considering that last Friday was a rough day in the market due to the geopolitics of the day. Egypt is not getting much better and the economy has come to a stop as no one is back at work yet. Still, things aren’t getting worse. This offered some stability to the region. Brent Sea crude hit $100 per barrel today. Data from the PMI showed that inflation at the wholesale level continues to firm, while spending seems to outstrip income again.

Here were today’s unofficial closing bell levels:

Dow Jones 11,891.93 +68.23 (0.58%)
S&P 500 1,286.12 +9.78 (0.77%)
Nasdaq 2,700.08 +13.19 (0.49%)

Top Analyst upgrades and downgrades

Continue reading Closing Bell: Getting Back On Track (AMB, PLD, XOM, INTC, AMD, GENZ, EGPT, CCME)

Closing Bell: Getting Back On Track (AMB, PLD, XOM, INTC, AMD, GENZ, EGPT, CCME) originally appeared on BloggingStocks on Mon, 31 Jan 2011 16:00:00 EST. Please see our terms for use of feeds.

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Exxon Mobil Q4 Earnings ReportOil giant Exxon Mobil (XOM) is trading up nicely today after the company reported better than expected fourth quarter earnings this morning.

Before the market opened this morning, Exxon reported that it earned $1.85 for its fourth quarter, shattering analyst estimates for $1.63 per share.

Continue reading Exxon Mobil Trading Higher Following Q4 Earnings Report

Exxon Mobil Trading Higher Following Q4 Earnings Report originally appeared on BloggingStocks on Mon, 31 Jan 2011 15:00:00 EST. Please see our terms for use of feeds.

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Exxon Mobil (XOM)“Nowhere is the supply and demand balance as tight as it is with oil; with the somewhat stronger economy here and abroad, the oil gap is closing again,” says Jim Powell.

The editor of Global Changes & Opportunities explains, “I think the best way to benefit from rising oil prices is to buy Exxon Mobil (XOM), the world’s largest, and one of its most reliable, energy investments.

“I think the price will reach the psychologically important $100 mark by this summer, and maybe a lot sooner.

Continue reading ExxonMobil (XOM): The Best Way to Play Oil

ExxonMobil (XOM): The Best Way to Play Oil originally appeared on BloggingStocks on Fri, 14 Jan 2011 13:00:00 EST. Please see our terms for use of feeds.

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Can you hear me now? Well listen closely, Verizon Communications (VZ) is going to get a bounce from the Apple Inc. (AAPL) iPhone in 2011. Nothing you don’t already know. Is there a more sure thing in the coming year? Long term it will fade some, but in 2011 the pent up demand has to have a positive impact.

Communications: The telephone companies everywhere are going to have a good year. Verizon is a great stock for Roth IRA’s, paying a 5.41% yield. The dilution of the iPhone market may hurt AT&T, Inc. (T) some, as VZ is helped, but it too is a good long term hold and pays an even higher yield at 5.76%.

If you want to diversify internationally there are multiple good choices and they pay even higher yields.

Continue reading Chasing Value: New Years Quick Takes

Chasing Value: New Years Quick Takes originally appeared on BloggingStocks on Wed, 29 Dec 2010 16:30:00 EST. Please see our terms for use of feeds.

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