The U.S. Census Bureau Monday morning released data on new single-family home sales for December. Sales fell 7% month-over-month, to a seasonally adjusted annual rate of 414,000, from a revised November sales figure of 450,000. Economists had been expecting a seasonally adjusted annual rate of 450,000. The December rate is 4.5% above the rate for December 2012. At the peak in 2005, new home sales posted a seasonally adjusted annual rate of nearly 1.4 million.
New home sales also fell in November from a sharply higher October reading of 474,000 to the initial reading of 464,000 in November. The further downward revision to the November reading makes the December number look even weaker.
For the full year, new home sales rose to an estimated 428,000, up 16.4% from the total of 368,800 in 2012.
The Census Bureau also reported that the median sales price for new homes sold in December was $270,200 and the average sales price was $311,400. At the end of December the number of new homes for sale totaled 171,000, a supply of 5 months at the current sales rate.
5 Best Information Technology Stocks To Invest In 2015: DISH Network Corporation(DISH)
DISH Network Corporation, through its subsidiaries, provides direct broadcast satellite (DBS) subscription television services in the United States. It offers programming that includes approximately 280 basic video channels, 60 Sirius satellite radio music channels, 30 premium movie channels, 35 regional and specialty sports channels, 2,800 local channels, 250 Latino and international channels, and 55 channels of pay-per-view content. The company also offers local HD channels in approximately 160 markets and 215 national HD channels; and receiver systems, including a small satellite dish, digital set-top receivers, and remote controls. In addition, it provides DISHOnline.com, which enables DISH Network subscribers to watch 150,000 movies, television shows, clips, and trailers; DISH Remote Access that enables subscribers to remotely manage their DVRs using compatible mobile devices, such as smartphones, tablets, and laptops through their broadband-connected receiver; and Go ogle TV that enables DISH Network subscribers to search the Internet, check email, interact with social media, and find additional online programming content while simultaneously watching television. As of March 31, 2011, the company had approximately 14.191 million customers. DISH Network provides receiver systems and programming through direct sales channels; and independent third parties, such as small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. The company was founded in 1980 and is headquartered in Englewood, Colorado.
Advisors' Opinion:- [By Roberto Pedone]
Another cable service provider that's starting to push within range of triggering a big breakout trade is Dish Network (DISH), which provides a direct broadcast satellite subscription television service in the U.S. This stock is off to a hot start in 2013, with shares up sharply by 30%.
If you look at the chart for DISH Network, you'll notice that this stock has been trending sideways for the last two months, with shares moving between $41 on the downside and $46.89 on the upside. Shares of DISH are now starting to spike higher right off its 50-day moving average of $43.91 a share. That move is quickly pushing shares of DISH within range of triggering a breakout trade above the upper-end of its sideways trading chart pattern.
Traders should now look for long-biased trades in DISH if it manages to break out above some near-term overhead resistance levels at $46 to its 52-week high at $46.89 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 2.61 million shares. If that breakout triggers soon, then DISH will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that move are $50 to $60 a share, or even $65 a share.
Traders can look to buy DISH off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $43.91 a share, or below some more key near-term support at $42.85 a share. One can also buy DISH off strength once it takes out that breakout level with volume and then simply use a stop that sits a comfortable percentage from your entry point.
5 Best Media Stocks To Buy For 2014: Time Warner Inc.(TWX)
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The Networks segment provides domestic and international networks, premium pay and basic tier television programming services, and digital media properties, which primarily consist of brand-aligned Websites. Its premium pay television services consist of the multi-channel HBO and Cinemax premium pay television services. This segment provides programming to cable system operators, satellite service distributors, telephone companies, and other distributors; sells advertising; and licenses original programming to domestic and international television networks. The Filmed Entertainment segment produces and distributes feature films, television and other programming, and videogames; distributes home video products; and licenses rights to its feature films, television programming, and characters. T he Publishing segment publishes magazines and books; and operates various Websites, as well as engages in marketing services and direct-marketing businesses. This segment publishes magazines on style and entertainment, lifestyle, news, and sports. The company?s brands include TNT, TBS, CNN, HBO, Cinemax, Warner Bros., New Line Cinema, People, Sports Illustrated, and Time. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.
Advisors' Opinion:- [By tyokunbo]
Head to Head Netflix competes with Amazon (AMZN), Time Warner (TWX), and the privately owned Redbox Automated Retail. Compared to its peers, Netflix has a first-mover advantage of improving its programs through its original content. Netflix is rapidly expanding its original productions by having several running around the world.
- [By Sam Mattera]
HBO has its own online service, HBO Go, that is on par with Netflix. But to use it, you still need cable. There have been reports that HBO was considering offering the service separately, but so far, nothing has come of that -- and it seems unlikely. HBO's parent company, Time Warner (NYSE: TWX ) , owns several other cable networks, including TBS, TNT, CNN, and Cartoon Network. Offering HBO a-la carte would be a strike against the larger cable complex, of which Time Warner is a major player.
- [By Tim Beyers]
4. Godzilla suffers the Pacific Rim effect. As much as I want this film to succeed, it suffers from two glaring problems. First, history: Pacific Rim -- a similar genre film -- needed a huge overseas haul in order to make break-even and Godzilla has a reported $160 million budget. Second, moviegoers don't seem interested. Only 6,256 people on Rotten Tomatoes said they wanted to see the film at the time of writing. Production partners Time Warner (NYSE: TWX ) and Legendary Pictures are going to need a huge turnout to win big with this giant monster.
5 Best Media Stocks To Buy For 2014: Cablevision Systems Corporation (CVC)
Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. The Telecommunications Services segment is involved in television business, including video, high-speed data, and VoIP operations, as well as the provision of commercial data and voice services. The Other segment offers Newsday, a daily newspaper; amNewYork, a free daily newspaper; and Star Community Publishing, a group of weekly shopper publications; and newsday.com and exploreLI.com. This segment also engages in motion picture theatre business, Clearview Cinemas; provision of the News 12 Networks, a regional news programming services; and the MSG Varsity network, a network covering high school sports and activities, and other local programs, as well as cable television advertising. Cablevision Systems Corporation was founded in 1985 and is headquartered in Bethpage, New York.
Advisors' Opinion:- [By Rich Duprey]
Both Bow Tie and Cablevision (NYSE: CVC ) , which owned the Clearview chain, announced yesterday they had completed the transfer of ownership of the theaters, which was first announced in April, though financial terms for the transaction were not disclosed. As the oldest cinema company in the U.S.,�Bow Tie says it now has the largest number of theater locations in the New York metropolitan area,�and operates 63 movie theaters with 388 screens in seven states.
- [By Jonathan Berr]
Its doubtful that federal antitrust regulators would ever allow Comcast (CMCSA) to buy the company because some might argue it would restrict competition. The company might be able to acquire Cablevision (CVC) if the Dolan family, which controls the smaller cable company, would sell. But that seems unlikely.
5 Best Media Stocks To Buy For 2014: Liberty Global Inc.(LBTYA)
Liberty Global, Inc. provides video, broadband Internet, and telephony services primarily in Europe and Chile. The company offers broadband services over cable distribution systems, including video, broadband Internet, and telephony; and video services through direct-to-home satellite, or through multichannel multipoint distribution systems. Its analog video services comprise basic and expanded basic programming; and digital cable services include basic and premium programming, digital video recorders, and high definition programming, as well as pay-per-view programming, such as video-on-demand and near video-on-demand. In addition, the company offers voice-over-Internet-protocol and circuit-switched telephony services, as well as mobile telephony services using third-party networks. Further, it owns programming networks that provide video programming channels to multi-channel distribution systems owned by the company and the third parties. As of December 31, 2011, the com pany owned and operated networks that passed 33,262,100 homes; and served 18,405,500 video subscribers, 8,159,300 broadband Internet subscribers, and 6,225,300 telephony subscribers. Liberty Global, Inc. was founded in 2004 and is based in Englewood, Colorado.
Advisors' Opinion:- [By Rich Duprey]
Having completed its $24 billion acquisition of Virgin Media, cable operator Liberty Global (NASDAQ: LBTYA ) said its board of directors had authorized a $3.5 billion stock repurchase program that it intended to complete over the next two years.
- [By GuruFocus]
Warren Buffett (Trades, Portfolio) added to his holdings in Wal-Mart Stores Inc by 17.32%. His purchase prices were between $72.66 and $78.91, with an estimated average price of $75.43. The impact to his portfolio due to this purchase was 0.62%. His holdings were 58,052,412 shares as of 03/31/2014.
Added: Liberty Global PLC (LBTYA)Warren Buffett (Trades, Portfolio) added to his holdings in Liberty Global PLC by 149.19%. His purchase prices were between $40.36 and $45.96, with an estimated average price of $43.34. The impact to his portfolio due to this purchase was 0.17%. His holdings were 7,346,968 shares as of 03/31/2014.
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