Friday, July 6, 2012

Spirit AeroSystems Inc (NYSE: SPR)

Spirit AeroSystems Holdings, Inc., through its subsidiaries, designs and manufactures commercial aerostructures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces, and markets forward, mid, and rear fuselage sections and systems primarily to aircraft original equipment manufacturers, as well as offers related spares, and maintenance, repair, and overhaul services. The Propulsion Systems segment engages in the development, production, and marketing of struts/pylons; nacelles, including thrust reversers; and related engine structural components primarily to aircraft or engine OEMs, as well as provides related spares and MRO services. The Wing Systems segment develops, produces, and markets wings and wing components comprising flight control surfaces and other miscellaneous structural parts primarily to aircraft OEMs, as well as offers related spares and MRO services. It also provides military services, such as fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training. Spirit AeroSystems Holdings, Inc. serves large commercial airplanes, business and regional jets, and military/helicopter sectors of the aerostructures industry. Spirit AeroSystems Holdings, Inc. is headquartered in Wichita, Kansas.

To review Spirit's stock, please take a look at the 1-year chart of SPR (Spirit AeroSystems Holdings, Inc.) below with my added notations:

After trending higher from August until March of this year, SPR has now been consolidating within a small Rectangle pattern over the last (2) months. A Rectangle pattern forms when a stock gets stuck bouncing between a horizontal support and resistance. For SPR, the Rectangle pattern has formed a $24 resistance (red) and a $22 support (black). A break above $24 would bring the $26 level (blue) back into play as resistance.

The Tale of the Tape: SPR has formed a Rectangle pattern. The possible long positions on SPR would be either on a pullback to $22, or on a break above $24. The ideal short opportunity would be on a break below $22.

Total Financial Collapse by Fall 2012 - Chris Duane



Chris Duane (Silver Shield) joins George Noory to discuss Chris' view that we will have a world wide financial collapse by fall of 2012 , and the fall of the US Dollar and the global economic system, when it will happen, and what it will look like. Act now before it's too late.The people are dumbed down, we must abolish the illegal Federal Reserve, outlaw lobbying. get publicly funded campaigns, get an honest media, examine our foreign policy, for starters . We should get rid of the Federal Reserve and go back to Silver and Gold for money. The government steals from us by just printing more worthless dollars.
The founder of the Sons of Liberty Academy, Chris Duane, warned of the coming collapse of the US dollar due to the massive amount of increasing debt. He foresees the falling of weaker currencies first, leading to a domino effect that will see the eventual collapse of the dollar, which he characterized as "the single largest event in human history," as the world's economies are tied to the dollar. All the central banks are privately owned by families such as the Rothschilds and the Rockefellers, and as a result they own the world, and are responsible for the debt paradigm, he asserted

COMEX Silver Futures Skewed Short, Potentially Explosive

gotgoldreport.com / by Gene Arensberg / July 3, 2012

HOUSTON – At the request of colleagues we respect and admire* and as a courtesy to our GGR blog readership, we are sharing below the video portion of the full Got Gold Report. We released the report below on Sunday, July 1, to Vultures (Got Gold Report Subscribers).

As we noted in a short note posted on the blog on Friday, the GGRPrivate Video comments on what we viewed as a potential inflection point for the COMEX silver futures market, and “suggests a market skewed short as of Tuesday, June 26, which is contrary bullish and can lead to explosive volatility in our simple way of looking at the COT.” (Commitments of traders reports.)


*We beg our paid subscriber’s indulgence, but when respected industry colleagues, names one would know instantly, take the trouble to write in and say that this video is “too important to keep from the public,” then we feel a humble obligation to comply.

GOT GOLD REPORT

McAlvany Weekly Commentary

Minxin Pei on Chinese Political “Re-Balancing”


A Look At This Week’s Show:
-Politics trumps economic reform
-Vested interests: throw out or buy out
-Crises could invoke political courage

About the Guest: Minxin Pei is an expert on governance in the People’s Republic of China, U.S.-Asia relations, and democratization in developing nations.

Kona Grill Inc (KONA) , Zacks Research


Shares of Kona Grill Inc. (KONA - Snapshot Report) have been steadily climbing since April 30, 2012, when it reported a phenomenal first quarter earnings surprise of 333.3%. With an average surprise of 410.4% over the trailing four quarters and expected earnings growth of 64.5% in 2012, this casual dining restaurant looks like a solid pick for growth-seeking investors. The company is presently a Zacks #1 Rank (Strong Buy).

Stupendous First Quarter

Kona Grill reported impressive first quarter results with EPS increasing 1400% year-over-year to 13 cents, beating the Zacks Consensus Estimate of 3 cents.

Restaurant sales for the quarter increased 8.6% year-over-year to $24.2 million, primarily led by a same-store sales growth of 8.7%. The improvement in same-store sales was driven by a 6.4% growth in guest traffic and a comparatively higher average guest check. Restaurant operating profit margin surged 480 basis points in the quarter to 19.9%.

For the second quarter of 2012, Kona Grill expects EPS of 14 cents, compared with 8 cents in the year-ago period. Restaurant sales are expected to grow marginally to $24.7 million from $24.5 million in the year-earlier quarter. (more)

Top 6 Stocks to Buy for July

On the last day of June, which marked the end of the second quarter, positive European headlines drove the S&P 500 up 2.5%. This last-minute rally popped the major indices through their respective 50-day moving average lines, giving the bulls hope that enough buyers would emerge to keep the rally going.

But recent history does not support buyers who invest solely on the vagaries of European economic politics. Instead, investors should focus on U.S. markets for guidance, and the technical picture tells us that, for both the near and intermediate term, the bulls are not out of the woods.

Currently, stocks are somewhat overbought and due for a minor correction, but for the summer, they appear range-bound to roughly the lows and highs of June. Longer term, the bull is still in charge, so wise investors should respond to weakness as a buying opportunity.

This month’s emphasis is on stocks that should do well despite near-term market concerns. Here are your top stocks to buy for July:

Top Stock to Buy #1 – Automatic Data Processing (ADP)

Automatic Data Processing (NASDAQ:ADP) is one of the world’s largest independent computing services companies. It is also the largest provider of payroll outsourcing services and offers tax filing and benefits administration.

The company has a buyback program in force and earnings are expected to increase to $2.75 in 2012, up from $2.52 in 2011, and analysts estimate that ADP will earn $3.01 in FY 2013 (ended in June). (more)

Chart of the Day - Mellanox Technologies (MLNX)

The "Chart of the Day" is Mellanox Technologies (MLNX), which showed up on Tuesday's Barchart "All-Time High" list. Mellanox on Tuesday posted a new all-time high of $75.09 and closed up 3.73%. TrendSpotter has been long since May 29 at $60.14. In recent news on the stock, Maxim on June 25 reiterated its Buy rating on Mellanox and raised its target to $80 from $65 due to various new product prospects. Wunderlich on June 20 reiterated its Buy target and raised its target to $85 from $65. Mellanox Technologies, with a market cap of $2.8 billion, a leading supplier of semiconductor-based, interconnect products to world-class server, storage, and infrastructure OEMs servicing Fortune 500 data centers, the world's most powerful supercomputers, and mission critical embedded applications.

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