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[Most Recent Quotes from www.kitco.com]

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Zacks Analyst Blog Highlights: Citigroup Inc., UBS AG, Credit Suisse Group AG, Goldman Sachs Group Inc. and Bank of America Corporation – Press Releases

Zacks Market Commentaries (September 14th, 2009) Writes:

For Immediate Release

Chicago, IL – September 14, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup Inc. (C), UBS AG (UBS), Credit Suisse Group AG (CS), Goldman Sachs Group Inc. (GS) and Bank of America Corporation (BAC).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Friday’s Analyst Blog:

Citgroup Wins Lawsuit Dismissal

Citigroup Inc.’s (C) officers and directors (including Chief Executive Officer Vikram Pandit) won the dismissal of a lawsuit claiming they breached their duty to the bank by manipulating the market for auction-rate securities (ARS).

On Sep 10,

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It’s Cinco de Mayo!

Contrarian Profits (May 5th, 2009) Writes:

A Huge currency rally… The games people play now…RBA leaves rates unchanged…Brazilian real is the daily winner! And Now… Today’s Pfennig!

Good day… Hola! And a Terrific Tuesday to you! Well, today is Cinco De Mayo… It’s a fun day so go have some fun! I few years ago, I talked about Cinco De Mayo, and some guy took exception to it, and called me a really nasty name… So, I won’t get all flowery about the day, except to say, go have some fun!

Of course, to me, the saying “go have some fun” is a staple of my being! Especially these days! I realize that I need to have “more fun”, but work, and all that gets in the way, darn it! HA!

OK, enough of that! Well! You should have seen that currency rally yesterday! WOW! The Big Dog, euro, traded all the way to 1.34 and change, saw profit

...

The Ruble Fall Continues As Unemployment Soars

Edward Hugh (February 1st, 2009) Writes:

Russia’s current woes can be readily summed up in just one single variable – the value of the ruble – and this value, as we all know, is falling. Almost uncontrollably so.br /br /blockquoteThe bank’s target will be “very quickly” breached without more intervention, said Gaelle Blanchard of Societe Generale SA in London. “Right now the market is convinced it wants to see the ruble lower,” Blanchard said. “As long as the central bank gives these targets, then speculators are going to have something to aim for.”br /br //blockquoteblockquote“The market is testing whether the authorities see this band as something permanent or something that will move,” said Lars Rassmussen, an emerging markets analyst at Danske Bank A/S. “Our view is that they’ll move it because it’s not worth wasting the reserves for a band that is obviously not wide enough.”/blockquoteblockquoteFirst Deputy Prime Minister Igor Shuvalov expressed regret that the general …

Tags for this Post:
/blockquotepCurrent government;, /blockquotepRussia's Reserve Fund;, /blockquoteThe Central Bank;, Alexei Kudrin, average oil price;, Bank, bank data;, Banking, bloomberg, Bnp Paribas, by-product, citgroup, Citibank Russia;, Citigroup, Danske Bank A/S, Davos, Economics, Economy Ministry, Elina Ribakova, finance ministry, food, Gaelle Blanchard;, Gdp, Igor Shuvalov, ING Groep NV, Intelligence Unit;, Interfax, Investment Bank, Lars Rassmussen;, London, MDM Bank, Mikhail Prokhorov, Moscow, National Wealth Fund, Nikolai Kashcheev;, Nizhny Novgorod;, OAO GAZ;, OAO Norilsk Nickel;, Oil, Oil Exports, Oil Price, oil price drops, Oil Prices, oil prices./ppSo;, Reserve Fund, RUB, ruble oil-fund;, Rusal;, Russia, Russia, Russian Federal State Statistics Service;, Russian State Duma;, Russian;, Sergei Ignatyev;, Societe Generale SA, Stabilization Fund;, State Duma, The central bank, United Co., Urals, USD, Viktor Vekselberg, vladimir putin, Vnesheconombank

TARP Testimony Today

Contrarian Profits (November 18th, 2008) Writes:

What will Paulson say?   Dollar remains well bid…   How long for Safe Haven buyers?   G-20 Schmee 20! And Now… Today’s Pfennig!

Well… Nothing has changed since I left you last Wednesday. The awful economic data just keeps piling on, and the dollar gets bid up on safe haven purchases. We did see the Eurozone and Japan announce that they are in a recession… Chris was kind enough to leave me the following, so here’s some more Chris….

“The dollar weakened slightly after the US Industrial production numbers showed a rebound in October. The 1.3% monthly gain sounds great, but it followed September’s drop of 3.7% due to the Gulf Coast hurricanes. After adjusting for the effect of the hurricanes and a strike at Boeing, output dropped .7 percent during each of the past two months. The trend continues to be very weak, and the recession which currently grips the US is now expected

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Change… What Change?

Contrarian Profits (November 7th, 2008) Writes:

Currency Volatility!  Trading Theme creeps back!  ADP indicates a bad Jobs Jamboree…  Putting on my thinking cap…  And Now… Today’s Pfennig!Well… What a volatile day in the currencies yesterday (Wednesday)! WOW! Running up and down the dial, all day long! At one point yesterday morning, the euro looked to be in the driver’s seat, ooh, ooh, ooh ooh, driver’s seat, yeah… Stop it Chuck, this is supposed to be a serious commentary! Yeah right! Well, at least seriousness is sprinkled in from time to time, eh? Anyway… What I was getting at before slipping off into a song by Sniff-n-The Tears, the euro was moving higher and higher, and was making the 1.29 and 1.30 handles

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A Currency Bounce

Contrarian Profits (October 29th, 2008) Writes:

U.S. stocks soar!  Currencies rally!  Consumer Confidence at an all-time low!  Getting off the bench! And Now… Today’s Pfennig!

Well… The trading theme remained in place yesterday, but this time it was reversed. For those of you new to class, or any of you who have been playing horse hooky, the trading theme that has gripped the markets since August is: The deeper, darker, and more dangerous the U.S. economy and financial meltdown, including the credit market’s locked status, the dollar gets bought… If there is any sign of light to all this mess, the dollar gets sold, for whenever the markets get their minds off the mess, they are reminded of awful fundamentals for the dollar.

So…

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Emerging & Developed Mkts Country Weights

Richard Shaw (June 25th, 2008) Writes:

Knowledge of the country weights in the emerging and developed markets indices can be helpful in specifying allocations within the equity portion of a portfolio.

For those clients who wish to allocate primarily on a country basis (as opposed to a sector basis, for example), our general philosophy is to begin the design process from the starting point of world market capitalization, then deviate from there as appropriate per client.

More specifically, we recommend placing at least 50% of equity assets in broad index funds in proportion to world market capitalization. Then, depending on your degree of aggressiveness and your confidence in your assessment of markets, placing up to 50% of equity assets in regional or country funds with anywhere from minor to massive overweights or underweights.

In order to make a conscious overweight or underweight decision, you need to know the neutral weights.

The major weight categories, US (proxy VTI), non-US developed …


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