MaoXian.com -- Archive > December 15, 2004

Stocks to Watch -- Wednesday, December 15

Posted on December 15, 2004 at 14:15, GMT

Chat Room Open from 8AM-9AM, Eastern Time

In yesterday's pre-open chat "james" wondered whether JOBS was a good short (it was, though we mocked him at the time, ha!), and "priceswilltell" scored once again with a timely call on MNST. What did the Chairman contribute? Musings on penology. Come join us today!

Posted on December 15, 2004 at 7:55, GMT

Chart of the Day -- McCormick & Co, Monthly Chart

McCormick & Company, Incorporated is a diversified specialty food company engaged in the manufacture, marketing and distribution of spices, herbs, seasonings and other flavors to the entire food industry.

MKC hit a new all-time high yesterday. While looking at this chart, think about what you pay for that little bottle of tarragon and all the other little bottles that fill your spice rack.

MKC, Monthly Chart

Posted on December 15, 2004 at 7:45, GMT

Best and Worst Performing Small-Cap Stocks (last 12 weeks)

Best:

SCM Microsystems Inc (SCMM)
Up ~73% {solutions that enable secure access to digital content and services}
Synaptics Inc (SYNA)
Up ~71% {user interface solutions for notebook computers}
Roxio Inc (ROXI)
Up ~69% {digital media software and services, Napster}
Kulicke & Soffa Industries Inc (KLIC)
Up ~59% {semiconductor manufacturing equipment}
Micros Systems Inc (MCRS)
Up ~54% {software for hospitality and retail industries}

Worst:

FLYi Inc (FLYI)
Down ~56% {regional airline, formerly Atlantic Coast Airlines}
Three-Five Systems Inc (TFS)
Down ~29% {electronics manufacturing services}
Mueller Industries Inc (MLI)
Down ~25% {manufacturer of copper, brass, plastic and aluminum products}
Odyssey Healthcare Inc (ODSY)
Down ~25% {provides hospice care}
Input/Output Inc (IO)
Down ~24% {seismic acquisition imaging technology}

Posted on December 15, 2004 at 7:35, GMT

Vanguard Closes Energy Fund

Vanguard closes Energy Fund

"Vanguard's top-performing fund this year, Vanguard Energy Fund will cease accepting new accounts; existing shareholders may continue to purchase shares. This is the seventh of the firm's 25 actively managed stock mutual funds to close in the past 30 months."

I've noted before that Vanguard's fund closures can be seen as a contrary sign that prices have peaked, even though John Brennan says explicitly in the press release: "the closing of the fund should not be construed as a statement on or a forecast for the energy sector."

Posted on December 15, 2004 at 7:25, GMT

Roundup of China Aviation Oil News VI

CAO urges creditors to keep it afloat -- FT

"In meetings with creditors, Singapore-listed CAO, which is buckling under US$550m of derivatives losses, is believed to have said liquidating the company by selling assets would raise only a limited amount of funds."

Posted on December 15, 2004 at 7:15, GMT

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