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The Red Roadmaster’s US Market Re-cap + Stock Talk ™ 29 April 2010 Date Line: Hong Kong (SAR) China You can now follow us on Twitter please go to http://twitter.com/EbelingHefferna and join in. Red’s Bull Alert The Bull paused to refresh and then got up and snorted Re-cap of the US Stock Market Action for the session ending 28 April 2010 US Stocks headed South on Tuesday but North on Wednesday US stocks rose Wednesday after the Federal Reserve pointed to signs of strength in the economy. The policymaking Federal Open Market Committee said in a statement after a two-day meeting, "Economic activity has continued to strengthen and ... the labor market is beginning to improve." That went some way to ease investors' concerns about events across the Atlantic when Standard & Poor's cut its credit rating on Spain by one notch, citing a more protracted period of sluggish growth than previously expected. The Fed's comments on the economy and its statement that it would keep interest rates low for an extended period lifted bank shares. JPMorgan Chase & Co rose 2.5%, and BKW Bank index .BKX rose 1.4%. 1

Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

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Page 1: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

The Red Roadmaster’s US Market Re-cap + Stock Talk ™

29 April 2010 Date Line: Hong Kong (SAR) China

You can now follow us on Twitter please go to http://twitter.com/EbelingHefferna and join in.

Red’s Bull AlertThe Bull paused to refresh and then got up and snorted

Re-cap of the US Stock Market Action for the session ending 28 April 2010

                     US Stocks headed South on Tuesday but North on Wednesday

US stocks rose Wednesday after the Federal Reserve pointed to signs of strength in the economy.

The policymaking Federal Open Market Committee said in a statement after a two-day meeting, "Economic activity has continued to strengthen and ... the labor market is beginning to improve."

That went some way to ease investors' concerns about events across the Atlantic when Standard & Poor's cut its credit rating on Spain by one notch, citing a more protracted period of sluggish growth than previously expected.

The Fed's comments on the economy and its statement that it would keep interest rates low for an extended period lifted bank shares. JPMorgan Chase & Co rose 2.5%, and BKW Bank index .BKX rose 1.4%.

The DJIA added 53.28 pts, or 0.48%, to close at 11,045.27, the S&P 500 rose 7.65 pts, or 0.65%, to close at 1,191.36, and the NAS gained 0.26 pts, or 0.01 pt, to end the session at 2,471.73.

Energy and financial shares were the top gainers. Besides JPMorgan, which rose to US$43.46, Exxon Mobil Corp (XOM) added 1.4% to US$69.19. Both were among leaders on Dow industrials.

Exxon also raised its Q-2 payout to 44 cents per share from 42 cents in Q-1.

Earnings Season in High Gear: Dow Chemical Co (DOW) up 5.9% to US$31.8/shr after reporting a profit that beat expectations. Comcast Corp (CMCSA), the No. 1 U.S. cable operator, posted better than expected quarterly profit and strong cash flow growth, sending its shares up 1.9% to $18.81. Broadcom Corp (BRCM) shares rose 1.7% toUS $35.41 a day after reporting a Q-1 profit, beating expectations, and giving an outlook above the consensus estimate. Teva Pharmaceutical Industries (TEVA) continued to weigh on the Nasdaq after US regulators warned the company about manufacturing violations at a California plant, according to a letter released on Tuesday. Teva's shares fell 1.7% to US$58.66/shr.

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Page 2: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

News of another sovereign downgrade helped Gold prices extend their gains. The precious Yellow metal finished pit trade with a 0.8% gain at US$1171.80 oz. marking a Y 2010 closing high. Silver prices slipped, and closed at US$18.11 oz, down 0.1%.

Energy prices staged strong gains. More specifically, oil prices were pushed 0.9% higher to $83.32 per barrel. Most of that move came in late trade, after prices had slipped back to their 50-day moving average and gyrated after weekly inventory data showed a larger-than-expected build of 1.96 million barrels.

Meanwhile, natural gas prices were able to move 0.8% higher to $4.35 per MMBtu.

Overall strength among commodities helped the CRB Commodity Index advance 0.5%, which made for a modest rebound after it dropped 1.9% during the prior session

Advancing Sectors: Financials (+1.3%), Energy (+1.1%), Materials (+1.0%), Utilities (+0.9%), Industrials (+0.8%), Health Care (+0.7%), Consumer Staples (+0.6%), Telecom (+0.5%), Tech (+0.2%)Declining Sectors: Consumer Discretionary (-0.3%)

Volume and Breadth: About 10.98B/shrs traded on the NYSE, the AMEX and NAS, above last year's estimated daily average of 9.65b/shrs. On the NYSE, about 3 shares rose for each 2 that fell, and on the NAS, advancers beat decliners by about 11 to 10.

Market Indexes Technical Analysis

Date Symbol Price Technical Analysis Support Resistance

Apr-28-2010 QQQQ 49.37 Bullish (0.38) 48.41 49.69

Apr-28-2010 DIA 110.55 Bullish (0.38) 109.84 110.78

Apr-28-2010 SPY 119.38 Bullish (0.33) 119.01 119.95

Major World Markets

Shanghai 2907.93 -61.58 -2.07%

Shenzhen 11355.37 -247.27 -2.13%

HSI 21,261.79 -325.27 -1.51%

Dow 10,991.99 -213.04 -1.90%

Nasdaq 2,471.47 -51.48 -2.04%

Nikkei 11,212.66 +46.87 +0.42%

FTSE100 5,603.52 -150.33 -2.61%

Stocks to Watch Today

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Page 3: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD), Exxon Mobil Corp (XOM), Las Vegas Sands Corp. (LVS), and Motorola (MOT

Mid-week Focus Report on Gold and Crude Oil with Overall Technical Outlooks

Today’s Focus on Gold

News of another sovereign downgrade helped Gold prices extend their gains. The precious Yellow metal finished pit trade with a 0.8% gain at US$1171.80 oz. marking a Y 2010 closing high. Silver prices slipped, and closed at US$18.11 oz, down 0.1%.

Comex Gold (GC) Overall Technical Outlook

Gold's break of 1170.7 indicates that rise from 1084.8 has resumed. Intra-day bias is now on the Northside, and a further rise should be seen to 100% projection of 100% projection of 1044.5 to 1145.8 from 1084.8 at 1186 next.

On the Downside: a break below 1147.3 support will turn intra-day bias Neutral. Also, note that further break of 1124.3 will indicate that entire rise from 1044.5 has completed, and will bring deeper decline to 1084.8 support and below.

The Big Picture: as I have said many times before, the lack of a impulsive structure on the rise from 1044.5 so far suggests that it is the 2nd leg of the whole consolidation pattern that started at 1227.5.

Now there is no confirmation that rise from 1044.5 is completed yet, and another rise may be seen in here.

However, there is strong resistance above 100% projection of 1044.5 to 1145.8 from 1084.8 at 1186 to complete the rise, and bring the another fall to retest 1044.5 before consolidation from 1227.5 completes.

Having said that, a break of 1084.8, the Key support, will indicate that the 3rd falling leg has likely started and will then target a new low below 1044 before completing the consolidations from 1227.5. Stay tuned…

Today’s Focus on Crude Oil

Crude Oil inventory rose +1.96 mmb (consensus: +1.4 mmb) to 357.8 mmb in the week ended April 23. Since the beginning of the year, Crude Oil stockpile has increased 14 out of 17 weeks, indicating ample supply in the US market. Cushing stock continued to climb for the 6th week but the rise, at +0.45 mmb, was a significant moderation from previous weeks.

The surprise came from Gasoline of which the inventory level drew, 1.24 mmb, compared with market expectations of a gain of +0.5 mmb. Distillate stockpile rose +2.94 mmb to 151.8 mmb.

WTI Crude Oil price rebounded to 82.97after initially dipping to 81.82 on release of the report as unexpected decline in Gasoline inventory overshadowed stock builds in Crude Oil and Distillate. Gasoline price surged to 2.317 after plunging to 2.29.

Nymex Crude Oil (CL) Overall Technical Outlook

Intra-day bias in Crude Oil remains on the Southside for now, and further decline may be seen to 38.2% retracement of 69.50 to 87.09 at 80.37, or further to 100% projection of 87.09 to 80.53 from 85.63 at 79.07.

On the Upside: a break above 82.94, the minor resistance, will turn intra-day bias Neutral and bring on a recovery, but the risk will now remains on the downside as long as 85.63 resistance holds.

The Big Picture: the medium term rise from 33.20 is still viewed as a correction to the whole correction that started at 2008 at 147.27. My POV is that rise from 33.2 is in form of a 3 wave structure (73.23, 65.05), and may be near to completion. Strong resistance is expected around 90, the Key psychological level, which coincides with 50% retracement of 147.27 to 33.2 at 90.24 and 61.8% projection of 33.2 to 73.23 from 65.05 at 89.79, and could bring a reversal. So, even though another rally cannot be ruled out, upside potential should be limited in here.

On the Downside: a break of 69.50, the Key support, will break the series of higher low pattern from 33.2, and will be an important indication that the trend has reversed. If that be the case, I will turn Bearish on Crude Oil, and expect the then down trend to resume to target a new low below 33.2. Stay tuned…

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Page 4: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Barrick Gold Corporation (ABX) Up-Date 8 Last Look: April 8, 2010

April 28, 2010

Paul A. Ebeling, Jnr. Analyst

Today, let’s look at Barrick Gold Corporation (ABX), the Golden name in the world’s Gold mining sector: from a Technical POV. The overall indications, after Wednesday’s (April 28) market action, are: Bullish, near term Bullish, mid-term Bullish, and long term Neutral. The recent Candle Stick analysis is: Very Bullish

** Chart by: http://www.stockta.com

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Page 5: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Latest News and Opinion: Options Players Bullish On Barrick, Hertz and Duke Energy

http://www.forbes.com/2010/04/28/marriott-hertz-msci-eafe-markets-options-quidel-duke-energy.html?partner=yahootix

Wednesday’s Market Action Close 42.17 + 1.50 Volume 20,871,600/shrs

There is a Bullish Engulfing Candle on April 27, and one Gap open up on April 28 at: 40.94/41.35, support at 42.06, resistance at 42.65 and the 50 day exponential moving average is 39.45.

This is Barrick Gold Corporation (ABX): In the world of mining, Barrick Gold is the Gold Standard. The company became the world's One # One Gold producer, ahead of Newmont Mining and AngloGold Ashanti, after acquiring Placer Dome in 2006. Barrick puts out 8MM ozs of Gold annually and has 125MM ozs in proven and probable reserves. About ½ of its production comes from the North American operations, which include Goldstrike, located in Nevada's Carlin Trend Gold producing region. Outside of North America Barrick has active projects in Tanzania, Peru, and Australia. On the Placer Dome acquisition came huge copper mining operations that brought Barrick more than 6B Lbs of Copper reserves.

Note: In the metals mining sector demand is driven by industrial demand and economic growth, both domestic and foreign. A company’s profitability depends on volume and efficient operations. Large companies like Barrick can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Gold mining today is highly automated; annual revenue per employee is approx. US$30

Gold and Politics

On August 15, 1971, US President, Richard Nixon unilaterally canceled the Bretton Woods system and stopped the direct convertibility of the United States dollar to gold. As a result, the U.S. dollar was decoupled from Gold, and Gold prices could fluctuate like any other commodity.

The data is limited when comparing the performance of Gold prices as they relate to the political affiliation of the President of the United States. There are some striking similarities between the performance of Gold prices during the great Gold Bull Market of the 1970s and today's Gold Bull Market and how the Presidential political affiliation was and is tilted.

When Barack Obama, was elected the 44th President of the United States of America, some Gold Bugs became extremely happy because the biggest Gold Bull Market in modern history peaked during a political landscape that is similar to what we see today.

Barrick Gold Corporation (HQ)

Peter Munk, Chairman and acting CEO

Brookfield Place, TD Canada Trust Tower, 161 Bay St., Ste. 3700Toronto, Ontario M5J 2S1, Canada 

Phone: 416-861-9911Fax: 416-861-2492Toll Free: 800-720-7415

www.barrick.com

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Page 6: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

E. I. DuPont de Nemours & Co. (DD) Up-date 6 Last Look: April 6, 2010

April 29, 2010

Paul A. Ebeling, Jnr. Analyst

Today let’s look at E. I. DuPont de Nemours & Co. (DD), the Giant US Chemical and Agriculture company, from a Technical POV. The overall indications, after Wednesday’s (April 28) market action, are Bullish: in the near term Bullish, mid-term Very Bullish, and long term Very Bullish. The recent Candle Stick analysis is: Bullish

**Chart by: http://www.stockta.com

Latest News and Opinion: BofA Board Picks Ex-DuPont CEO as Chairman

http://online.wsj.com/article/SB10001424052748704423504575212332294762268.html?ru=yahoo&mod=yahoo_hs

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Page 7: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Wednesday’s Market Action Close 39.46 + .06 Volume 12,071,000/shrs

There is a Homing Pigeon on April 28, and one Gap open up on March 5 at 34.63/34.71, the near term resistance is 39.58, support at 38.99, and the 50 day (EMA) exponential moving average is 37.39.

This is EI DuPont de Nemours & Co. (DD):  (DuPont) operates as a science and technology company in various disciplines, including agriculture, industrial biotechnology, chemistry, biology, materials science, and manufacturing. It operates in five segments: Agriculture & Nutrition, Coatings & Color Technologies, Electronic & Communication Technologies, Performance Materials, and Safety & Protection. The Agriculture & Nutrition segment offers benzene and carbamic acid related intermediates, copper, insect control products, natural gas, soybeans, soy flake, and soy lecithin, sulfonamides, corn, and soybean seeds. The Coatings & Color Technologies segment provides automotive finishes, industrial coatings, and titanium dioxide white pigments. The Electronic & Communication Technologies segment offers a range of materials for the electronics industry, flexographic printing and color communication systems, and various fluoropolymer and fluorochemical products. The Performance Materials segment provides thermoplastic, and thermoset engineering polymers and elastomers to fabricate components for mechanical and electrical systems, as well as specialized resins and films used in packaging and industrial applications, sealants and adhesives, sporting goods, and interlayers for laminated safety glass. The Safety & Protection segment offers specialty and industrial chemicals, nonwovens, aramids, and solid surfaces. The company also has interest in two antihypertensive drugs, the Cozaar and Hyzaar. It serves construction, transportation, communications, industrial chemicals, oil and gas, electric utilities, automotive, manufacturing, defense, homeland security and safety consulting, refrigeration, insulation, aerosol propellants, aerospace, automotive, electronics, chemical processing, and house ware industries. The company operates in the United States, Europe, the Asia Pacific, Canada, and Latin America. DuPont was founded in 1802 and is headquartered in Wilmington, Delaware.

Competitive Landscape

Demand for agricultural chemicals depends mainly on demand for various crops, which in turn depends on crop prices. The profitability of individual companies is linked to efficient operations and marketing. Big producers have large economies of scale in production. Smaller companies can compete effectively by making specialty chemicals or fertilizer mixtures for local markets. Operations are capital intensive and highly automated: annual revenue per employee at a large plant is close to US$700,000.

Chemical Manufacturing - Agricultural Industry Forecast

The output of US agricultural fertilizers and chemicals is forecast to grow at an annual compounded rate of 2% between 2008 and 2013. Data Sourced: December 2008

E. I. DuPont de Nemours & Co. (HQ) Chief Exec. Officer & Pres:  Ellen J. Kullman

1007 Market StreetWilmington, DE 19898United States Phone: 302-774-1000Fax: 302-773-2631

http://www.dupont.com

DuPont Subsidiaries

Du Pont China Holding Company Ltd. Du Pont (Thailand) Limited DuPont Agriculture & Nutrition

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Page 8: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Exxon Mobil Corp. (XOM) Up-date 9 Last Look: February 1, 2010

April 29, 2010

Paul A. Ebeling, Jnr. Analyst

Today let’s look at Exxon Mobil Corp (XOM), the World's largest integrated oil company, from a Technical POV. The overall indications, after Wednesday’s (April 28) market action are Bullish: in the near term Bullish, mid-term Very Bullish, and long term Neutral. The recent Candle Stick analysis is: Neutral

**Chart by: http://www.stockta.com

Latest News and Opinion: Primed at the Pump: Exxon Is Poised to Rally

http://online.wsj.com/article/SB10001424052748703648304575212590330517812.html?ru=yahoo&mod=yahoo_hs

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Page 9: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Wednesday’s Market Action Close 69.19 + .92 Volume 33,244,800/shrs

There a DOJI on April 22, and one Gap open up on March 5 at 65.63/65.78, the near term resistance is 70.34, support at 68.06, and the 50 day (EMA) exponential moving average is 67.78.

This is Exxon Mobil Corp (XOM): the Company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It also engages in the manufacture of petroleum products, and transportation and sale of crude oil, natural gas, and petroleum products. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. Exxon Mobil also has interests in electric power generation facilities. As of December 31, 2007, it had 7744 millions of barrels of liquid proved reserves, and 32,610 billions of cubic feet of proved reserves of natural gas. Exxon Mobil also operated 16,797 gross wells. The company operates in the United States, Canada, Europe, Africa, Asia-Pacific, the Middle East, Russia/Caspian region, and South America. Exxon Mobil was founded in 1870. The company was formerly known as Exxon Corporation and changed its name to Exxon Mobil Corporation .

Competitive Landscape

Demand depends on the overall strength of the US economy, because most industrial chemicals are used in the manufacture of more-complicated products like fibers, plastics, paints, and paper. The profitability of individual companies is closely linked to efficient operations, because most products are commodities. Big producers have large economies of scale in production, which is why some chemicals are made by just a handful of companies. Small companies can compete effectively by making specialized or highly-purified products. The industry is highly automated: average annual revenue per employee is over US$600,000.

Exxon Mobil Corp (HQ)

Chairman, Chief Exec. Officer & President: Rex W. Tillerson

5959 Las Colinas BoulevardIrving, TX 75039-2298United States Phone: 972-444-1000Fax: 972-444-1348

http://www.exxonmobil.com

Exxon SubsidiariesAera Energy LLCEsso Petroleum Company, LimitedExxonMobil Chemical Company

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Page 10: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Las Vegas Sands Corp. (LVS) Up-date 8 Last Look: March 17, 2010

April 29, 2010

Paul A. Ebeling, Jnr. Analyst

Today, let’s look at Las Vegas Sands Corp. (LVS), the international casino/resort operator, from a Technical POV. The overall indications, after Wednesday’s (April 28) market action, are Very ullish: in the near term Very Bullish mid-term Bullish, and long term Neutral. The recent Candle Stick Analysis is: Bullish.

**Chart by: http://www.stockta.com

Latest News and Opinion: Las Vegas Sands, the world's most valuable casino firm, would consider building a Las Vegas-style casino strip in Europe if the opportunity arose, CEO Sheldon Adelson said on Wednesday.

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Page 11: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

http://www.reuters.com/article/idCNSGE63R06F20100428?rpc=44

Wednesday’s Market Action Close 25.15 + .46 Volume 37,747,800/shrs

There is a Homing Pigeon on April 28, and three Gaps open up between March 5 and April 23 at 17.25/24.61,the near term resistance is 26.42, support at 24.57, and the 50 day (EMA) exponential moving average is 21.52

This is Las Vegas Sands Corp. (LVS): The Venetian Casino Resort (owned by Las Vegas Sands) brings a touch of Venice to the Las Vegas Strip. Replete with gondoliers and a replica of the Rialto Bridge, the Venetian offers a 120,000-sq.-ft. casino and a 4,000-suite hotel, as well as a shopping, dining, and entertainment complex. Las Vegas Sands also operates the Congress Center conference facility that links the casino to the nearby Sands Expo Center trade show and convention center. In addition, the firm operates The Sands Macao casino in China, and The Palazzo Casino next door to the Venetian in Las Vegas. Chairman and CEO Sheldon Adelson and trusts for his family own nearly 70% of the firm.

The Competitive Landscape

Growth in consumer income and state spending has driven expansion of the US gambling industry. The profitability of individual companies depends on efficient operations and effective marketing. Large operators have the financial resources to make large investments in facilities and efficient computer operations, and have cross-marketing opportunities. Small gambling facilities can thrive by catering to a local clientèle. The industry is fairly labor-intensive: annual revenue per employee is US$90,000.

Gambling Operations Industry Forecast

USA personal consumption expenditures for participant amusements and pari-mutuel net receipts, which include gambling operations, are forecast to grow at an annual compounded rate of 5 % between 2008 and 2013.

Las Vegas Sands Corp. (HQ)

Chairman, CEO, and Treasurer Sheldon G. Adelson3355 Las Vegas Blvd. SouthLas Vegas, NV 89109United States  Phone: 702-414-1000Fax: 702-414-4884http://www.lasvegassands.com

Motorola (MOT) Up-date 5 Last Look: February 4, 2010

April 29, 2010

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Page 12: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Paul A. Ebeling, Jnr. Analyst

Today, let’s look at Motorola (MOT), a top choice for mobile phone users worldwide, from a Technical POV. The overall indications, after Wednesday’s (April 28) market action, are Bearish: in the near term Bearish, mid-term Neutral, and long term Bearish. The recent candlestick analysis is: Neutral

**Chart by: http://www.stockta.com

Latest News and Opinion: Motorola Inc. is expected to report a slight decrease in revenue for the first quarter, though investors will be watching the company's SmartPhone shipments closely, looking for indications that its devices are holding their own in a competitive market.

http://www.marketwatch.com/story/motorolas-smartphone-sales-key-for-first-quarter-2010-04-28?siteid=yhoof

Wednesday’s Market Action Close 6.92 + .01 Volume 51,496,500/shrs 12

Page 13: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

There is a Homing Pigeon on April 23, and on Gap open up on the Chart, the near term resistance is 7.24, support at 6.69, and the 50 day (EMA) exponential moving average is 7.22.

This is Motorola (MOT): Motorola is still a top choice for mobile phone users worldwide despite flagging handset sales. The company is the #3 manufacturer of wireless telephone handsets (behind leaders Nokia and Samsung) and it also sells wireless network infrastructure equipment such as cellular transmission base stations and signal amplifiers. Motorola's home and broadcast network products include set-top boxes, digital video recorders, and network equipment used to enable video broadcasting, IP telephony, and high-def television. Its products for business and government customers consist mainly of wireless voice and broadband data systems used to build private networks and public safety communications systems.

Competitive Landscape

The industry depends on purchases from businesses, telephone companies, cable companies, data communications providers, and TV and radio broadcasters. Profitability for individual companies is linked to technical innovation and the ability to secure high-volume contracts from large customers. Small companies can be successful if they make highly specialized products. There are large economies of scale in manufacturing standard products, but many products are specialized and produced in small manufacturing plants. Annual revenue per employee in a large plant varies from US$500,000 to US$1M.

Telecommunications Equipment Manufacturers Industry Forecast

The output of US communication equipment manufacturing is forecast to grow at an annual compounded rate of 2% between 2008 and 2013. Data Sourced: December 2009

Motorola Inc. (HQ)

Gregory Q. Brown , Co-Chief Exec. Officer, Pres, Exec. Director, Co-Chairman of Exec. Committee and Chief Exec. Officer of Broadband Mobility Solutions

1303 East Algonquin RoadSchaumburg, IL 60196United States Phone: 847-576-5000Fax: 847-576-5372

http://www.motorola.com

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE OR IN OUR NEWSLETTERS. Red Roadmaster is not registered as a securities broker-dealer or an investment advisor either within the US Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. The information contained on our website or in any of our newsletters should be viewed as commercial advertisement and is not intended to be investment advice. Any information found on our website, or in any of our newsletters is not provided to any particular individual with a view toward their individual circumstances. The information contained on our website, and in any newsletter we distribute, is not an offer to buy or sell securities. We distribute opinions, comments, and information free of charge exclusively to individuals who wish to receive them.

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Page 14: Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD)

Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies’ profiled based solely on information contained in our report. Individuals should assume that all information contained on our website or in one of our newsletters about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment adviser or licensed stock broker before investing.

Information contained in the Redroadmaster Stock Talk report will contain “forward looking statements” as defined under section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company’s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

Red Roadmaster is committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.

 To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in this report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org

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