Market Comments: 

 

Overall market is slightly lower than a week before. Dow Jones Industrial  Average (DJIA) and SP-500 were lower while Nasdaq was slightly higher. Why is that because investors need to liquidate some of its stock positions to pay their real estates tax by 12-10-09. But those has been left out of market investors since the market hit the bottom on March 6,2009 buy stocks at every market weakness to moving in. It is a tug war between and bulls and bears. Now we are passing the D day of 12-10-09 and market is no jump and no sell off either. Yuen's market signal is moving up one notch to Yellow-Green Light. Buy! Buy! Buy! is only the message I can give to you after today. We have two economic reports released this morning giving the market a mixed signal (note,Yuen's market signal only gives our subscribers a clear signal .hahaha) and causing market many gyrations this morning. It also cause our intra-day forecasting model upside down and almost need to be overhauled. hahaha. The economic reports were as follows:First,The Commerce Department reported a narrow trade deficit in October to $32.9 billion. Economists had been expecting an increase.The increase in demand for U.S. exports for a sixth straight month signals that maker of autos, aircraft and industrial machinery as well as farmers are seeing increased demand. But,the narrow trade deficit will strengthen the dollar and will cause the market to fall. Second, The Labor Department said the number of laid-off workers seeking jobless benefits rose more than expected last week to 474,000 after falling for five straight weeks, slightly higher than analysts were expecting. However the four-week average, which is less volatile, fell to the lowest level since September 2008. Less employment means Fed Reserve keeps low fed rate of 0.25% at the bay foreseeable future. It leads a higher market later. In addition, we turn very bullish on the market again is also because of seasonality factor. Traditionally from now to mid of January of next market is always at high note.

 

 

Starbucks Corporation (SBUX, 22.25) engages in the purchase, roasting, and sale of whole bean coffees worldwide. It offers brewed coffees, Italian-style espresso beverages, cold blended beverages, various complementary food items, and a selection of premium teas, as well as beverage-related accessories and equipment, through its retail stores. Its fiscal 2010 and 2011 EPS is estimated at $0.99 and $1.13 respectively. It presents an increase of 23.8% and 14.1% over prior year. Buy it at $21.36-22.25 or less, sell it at $27-28 and stop loss at $20.40

 

UnitedHealth Group Incorporated(UNH, 30.15) provides healthcare services in the United States. The company Health Care Services segment offers consumer-oriented health benefit plans and services; administrative and other management services to customers that self-insure the medical costs of their employees and their dependents; and non-employer based insurance options for purchase by individuals, which are designed to meet the health coverage needs of consumers. Its future EPS is not impressive but it is at very low price as value concern. Its price/sales=o.39, price/book=1.44. In addition, It just made a technical break out at 30 today with a 121.8% increasing volume (27.5 million shares) over past three months average trading volume. Buy it $29-30 or less, sell it $39-40 and stop loss at $28.75

 

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