New URL for this Blog

Sailing Markets has moved to the Trading Effect blog with all the previous posts and valuable comments.

PFE: update

Price/(book value): 2.08

Annual EPS growth (last 3 years): 7 % / DEC/2009 (quarter) vs June/2009 (quarter): -13%

Revenue growth Dec/2009 vs Sep/2009: -51%

Dividend yield: 4.2%

GE - General Electric

It has one of the lowest Price/book value of the DOW's companies. 

The annual rate of growth in the EPS in the last 3 years is negative, -18%. (and it has decreased 53% from dec/2007 to dec/2009).

Total Debt to equity: 4.35. One of the highest of the DOW JONES.

Annual revenue growth (dec/2008 vs dec/2009): -14%. But from March/2009 to Dec/2009, revenue increased 8%.

Dividend yield: 2.5%.

Weekly chart:

Daily charts:

GOLD

This is one of the elliot wave counts and patterns that I am following in Gold. May be this is a good risk-reward opportunity to go long on gold, considering that the US Dollar is at very high levels and (in my humble opinion) finishing the last impulse (wave 5).

Weekly chart:

Daily Chart:

C: Target reached

Today C reached the objective of 4.34 (EMA 200). I have this tentative elliot structure in the intraday chart...

In the daily chart, this is the structure. Notice the divergences in the RSI. This divergence  at least tell us that we should not go long here... but the EMA's tell that we should not go short too. The 200 daily EMA is the next resistance (4.34) . In addition huge volume today.

3 days frequency chart: notice the resistance in the 23.6 % fibonacci retracement (4.40)

Euro-Usd

Yes, the signal it is not clear enough, but may be the next coming days we will understand. This could be more fuel to the market rally, (if it breaks the channel).

EURO-USD weekly chart - Fibo's: 

EURO-USD daily chart - Fibo's: 

Let's see what's happening in the FXE:

PFE: watch-list