The economic slowdown has hit this diversfied industrial company hard, but a sound managemnet philosophy gives hope for the future.

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=4034728 for the full story.

These highly rated stocks had a big price cut in the past month.

Eaton (NYSE: ETN) hit a new 52-Week low of $59.61 so far today. Currently the stock is down $2.13 (-3.39%) to $60.79 on 2,849,664 shares traded. Today's low is down $41.03 from a 52-Week high of $101.82. Eaton stock has been showing support around $60.17 and resistance in the $67.79 range. Technical indicators...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

Eaton (ETN) leads the list of top losers so far today and is now at $66.69, down $3.25 (-4.65%) on volume of 273,766 shares traded. Over the last 52 weeks the stock has ranged from a low of $66.27 in January to a high of $101.82 in October. Eaton stock has been showing support around $65.56 and resistance in the $73.28 range. Te...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

As you probably know ETNs are debt obligations of someone, usually a bank. Apparently Lehman Brothers backed a few of them under the brand name Opta. I don't remember what the Opta ETNs are/were but their fate seems to be in question because Lehman Brothers went under. For purposes of this post it does not matter what the Opta ETNs tracked or whether Barclays makes good or not. If you are interested in that part of it both Index Universe and <a[More...]

Late last week, Climate Exchange (London: CLE) posted strong operating results, stemming a massive loss in market value of about 50% (from about 2,000 to 1,000 pence per share) in the wake of the financial crisis and near market meltdown. The stock has since settled at the 1,300 level as carbon trading growth in the Company's two climate exchanges (European – ECX + Chicago – CCX) demonstrated health growth during the first half of 2008. The ECX posted gains from the year-ago[More...]

A few odds and ends to chew on as we get ready for a whole lotta football (football starts here at 6 or 7am so I can take in a game and still have a full day out of the house which maintains marital harmony:->>)A reader left a comment several days ago that I have been meaning to answer, sorry for the tardy response. The reader said that alternative investments are supposed to zig when equities zag but lately the alternatives have gone down more than regular equities. My take on this may not be palatable but I do believe it should be viewed this way.Looked over the length of the bear market many of the alternatives have zigged. Over the last month many have given up the ghost. I have touched on this a few times in the past. If you can blend in some things that don't start to go down until much later (commodities and Brazil) and can find some things that turn up much sooner you have a chance for that zig zag effect over the whole[More...]

Barclays Global Investors is listing an Asian currency-focused exchange traded note (ETN). The note will give investors access to new currencies previously unavailable to exchange traded fund (ETF) and ETN investors: the Philippine peso, Chinese won, Indonesian rupiah, Thai baht, Malaysian ringgit, and the Taiwanese dollar. The new ETN is called Barclays GEMS Asia 8 [...]

Filed under: Earnings reports, Boeing Co (BA), Technical Analysis, Eaton Corp (ETN), Stocks to Buy

Esterline Technologies (NYSE: ESL) is engaged in the design, manufacture, and marketing of engineered products and systems for applications in the aerospace and defense industries. The Avionics & Controls unit makes communications systems, medical equipment, and interface systems for aircraft and military vehicles. The Sensors & Systems operation manufactures temperature and pressure sensors, as well as fluid and motion control products. The Advanced Materials segment makes elastomer products, combustible ammunition components and electronic warfare countermeasures. Boeing (NYSE: BA) is a major customer. Eaton Corporation (NYSE: ETN) is a competitor.

The company surprised investors last week, when it reported Q3 EPS of 68 cents and revenues of $382.1 million. The Street had been expecting 64 cents and $374.6 million. Backlog at the end of the quarter was up 11.1% (yr/yr) to $1.06 billion. The CEO attributed success to robust aftermarket activity in both the commercial aerospace and defense markets. Management also guided FY08 EPS to $3.50-$3.60, versus consensus of $3.58.

Continue reading Esterline Technologies (ESL): Shares cycle in bullish 'flag'

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Free markets at work. Feeling risk-averse? How about adjusting your risk capacity? Santa Claus rally. Really cheap portfolios. Time to buy silver coins? MMM: it’s delicious! Guru on impending catastrophes. Tool on what to read next. Cramer book giveaway. MadMoneyMachine.com is the place to be. I ENCOURAGE you to Download this show thru iTunes! [...]

Free markets at work. Feeling risk-averse? How about adjusting your risk capacity? Santa Claus rally. Really cheap portfolios. Time to buy silver coins? MMM: it’s delicious! Guru on impending catastrophes. Tool on what to read next. Cramer book giveaway. MadMoneyMachine.com is the place to be. I ENCOURAGE you to Download this show thru iTunes! But, if [...]

Two Wall Street Analysts Review Value Line's June 29, 2007 Edition

Two Wall Street Analysts Review Value Line's March 30, 2007 Edition

Ed Stenson takes a look at market news before the open.