Hot Topic: Sumner Redstone says US on brink of Bull Market

May 5, 2009

, the Chairman of Corp, said last Wednesday that he believes that the US is in the early stages of a new . The octogenarian mogul also said he has no plans to step down anytime soon or give up his controlling positions in or . ”The one thing I would never do is lose control of and ,” he said, adding, “I have no intention of retiring or dying. I could live and work forever,” he said, attributing his robust health to antioxidants, exercise and a shot of a day.

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StockPreacher Special Report on The Walt Disney Company (DIS)

November 7, 2008

Let’s have a look at Mickey’s World; The Company Burbank, CA, United States (: ) from a Technical POV (point of view).

The overall analysis after Thursdays (11/06/08) market action is Bearish, in the near term Bearish, mid-term Very Bearish, and long term Very Bearish. The trend on is Bearish.

Today Disney closed minus 1.79 pts at 24.23 on volume of 15MM/shrs on the day (Nov. 05, 2008). There is one Open Gaps Down on the chart on October 6, 2008, (29.46—29.40), the 1st support level is 22.59, the 2nd is 21.37, the near term resistance 24.86, and the 50 day moving average at 27.50,
This is The Company: The King of the Magic Kingdom is a mouse, we all know him as Mickey.

The Company is the world’s #2 conglomerate, # 1 is Time Warner (TWX) with assets encompassing movies, music, publishing, television, and theme parks. Disney’s TV holdings include the ABC TV network + 10 broadcast stations, and a portfolio of cable networks including ABC Family, A&E Television Networks (37%-owned), and ESPN (80%). Studios produces films through imprints; Pictures, Touchstone, Pixar, and Miramax. In addition, Parks and Resorts is one of the top theme park operators in the world, we all know them as World and Disneyland Resorts. Disney competitors are primarily in the Film & Video industry, also competes in the Internet Content Providers, Music, and Publishing sectors, the competition is; Corp, News Corp, and Time Warner.

Note: In the motion picture production and distribution sector consumer spending drives demand. The profitability of individual companies depends on creativity, marketing, and distribution.

Large companies have the advantages of long term contracts with key actors and directors, a permanent staff of technical employees, and wide distribution networks. Small companies compete by creating marketable movies, often for niche audiences, on low budgets. Although production work is labor-intensive, the value of the product results in high average annual industry revenue of $300,000 per employee.

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