News
Agnico-Eagle Mines Limited’s (NYSE:AEM) NYSE common stock price has increased significantly since our previous update report dated 16 December 2008, reflecting an increase in spot gold price during the same period. However, we expect gold prices to decline in the near term. Therefore, our fundamental outlook remains unchanged and we maintain our SELL rating. [...]
Royal Caribbean Cruises Ltd.’s (RCL) NYSE common stock achieved our target price on 31 December 2008, which we believe reflects positive investor sentiments over the company’s cost savings program, falling oil prices and buoyancy in the overall market indices. We are downgrading the common stock from a BUY to HOLD as the current stock price [...]
Royal Caribbean Cruises (RCL) was downgraded today by analysts at Argus and the stock is now at $12.53, down $.05 (-0.4%) on volume of 256,622 shares traded. Argus downgrades the stock from ...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
The index of the U.S. economic indicators fell 0.4% in November, the fifth time in seven months, indicating that the U.S. economy will continue to deteriorate in the coming months. The index of economic indicators, calculated by the Conference Board, is a measure of the direction the U.S. economy should follow ...
The index of the U.S. economic indicators fell 0.4% in November, the fifth time in seven months, indicating that the U.S. economy will continue to deteriorate in the coming months. The index of economic indicators, calculated by the Conference Board, is a measure of the direction the U.S. economy should follow within three to six months. The index fell 0.4% in November, after having fallen 0.9% in October, released today by the U.S., according to Bloomberg. This indicator confirms the forecasts of economists that the recession in the United States will be the largest since the Second World War with banks limiting credit, the value of shares and real estate will fall and unemployment will rise. The economical problems are not behind us like many people are saying, the worst may be in front of us.
Chart courtesy of www.stockcharts.com ( click to enlarge )
OCR - Very bullish action on Omnicare this week. The stock firmed around 22-23 and then broke out with three days of high volume. Further strength above $26 opens the door to $28. The technical chart shows positive sign as the stock has just rose above the 200 day moving average. In addition with MACD above 0 we should see more upside from this stock. Put her on your radar.
Chart courtesy of www.stockcharts.com ( click to enlarge )
RCL is starting to show signs of acumulation with high volume on upside days and low on dowside days. The technical chart shows the stock is in a short term bull market rally with MACD on top of signal line and K line on top of D line. The near-term outlook would depend on the price movement in the next few days. A close above $12.50 would impart bullishness and would help the stock move to the 14-16 area. A drop below 11.16 would have negative implications that would push the stock down to the 10-9.56 range. Royal Caribbean Cruises Ltd. operates in cruise vacation industry worldwide.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
In a recession, both consumers and businesses look to cut expenses, and that’s bad news for travel and leisure companies. While we don’t expect the demand picture to change anytime soon, some operating expense relief may ease the pain felt during the downturn.
OUTLOOK
In the lodging sector, we expect that revenue per ...
As part of my long term dividend strategy, I tend to buy and hold a portfolio of several dividend growth stocks. If a company keeps increasing their dividends or at least maintains it, I would keep holding the stock. If the company however decided to cut its payment for whatever reason, I lose confidence in the business model and immediately try to sell my position. Some fellow bloggers do not agree with me on the issue of selling right after a dividend cuts. They believe that the market is efficient, and that negative dividend news is already priced into the stock when the cut is announced.[More...]
We maintain our Buy rating for Royal Caribbean Cruises (RCL), primarily due to valuation. Although management cited a slowdown in booking trends early in the fourth quarter, we note that fuel prices have moderated in recent weeks, and we expect the recently announced cost saving initiative to provide significant benefits.
The ...
Fuel costs out-of-control, strapped U.S. consumers, so time to take an all expense paid cruise? Que Whitney - Ah, Hell to the No. ABN downgraded Carnival Corp. (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) for good reasons.