Michael Tsangaris'  Instablog

Michael Tsangaris
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Professional Accounting graduate, and holder of the Investment Management Certificate (IMC) awarded by the CFA Society UK. I focus mainly, on stocks for longer-term investors. Connect with me on LinkedIn: http://uk.linkedin.com/in/matsangaris Twitter: https://twitter.com/#!/MikeTsangaris
  • Weekly Commentary: December 7, 2012  0 comments
    Dec 9, 2012 4:29 PM | about stocks: DUK, DWA, CLF, AAPL

    Quote of the Week

    "When the time comes to buy, you won't want to." - Walter Deemer

    Analyst Upgrades/Downgrades

    Duke Energy (NYSE:DUK) was upgraded by Barclays from "Equal Weight" to "Overweight" with a revised price target of $69 from $68

    Dreamworks Animation (NASDAQ:DWA) was downgraded by Stifel Nicolaus from a "Hold" rating to a "Sell" rating.

    Cliffs Natural Resources (NYSE:CLF) was downgraded by RBC Capital Markets from "Outperform" to "Sector Perform" with a revised price target of $32 from $45

    Weekly Investment Commentary

    Watching for Cliff to Fade, Jobs to Appear by by Russ Koesterich, BlackRock's Global Chief Investment Strategist

    Calendar for Next Week


    · Federal Open Market Committee Meeting (starts lasting till Wednesday)

    · October International trade

    · October wholesale tade


    · November import/export prices


    · November Producer Price Index

    · November retail sales

    · October business inventories


    · November Consumer Price Index


    Steve Jobs: Revelations from a tech giant (CBS News)

    CHART OF THE DAY: The Average Person Is Absolutely Horrible At Investing (Business Insider)

    4 Companies Provided Half of SPX 2012 Earnings Growth (The Big Picture)

    High-Speed Traders Profit at Expense of Ordinary Investors, a Study Says (The New York Times)

    5 fiscal cliff scenarios (Politico)

    Political Focus Shifts to 'Fiscal Cliff' (The Wall Street Journal)

    Why Job Growth Is Overrated by Ken Fisher (Forbes)

    For Buffett, the Long Run Still Trumps the Quick Return by Andrew Ross Sorkin (The New York Times)

    Stock-focused Articles

    Tim Cook at Apple (Bloomberg Businessweek)


    Bloomberg's own Adam Johnson Explains Tom DeMark's call on China's bottom (Bloomberg)

    Stocks: DUK, DWA, CLF, AAPL
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