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FirstAlert(tm) Digest 9/1/10: Higher Highs Ahead For Newmont Mining

- Technical Market Commentary -

September 1, 2010 (FinancialWire) (By Frank Kollar) (Go to http://www.financialwire.net/?s=cmmtry for all recent commentaries.) — Shares of Newmont Mining Corp. (NYSE: NEM) are closing-in on their all-time high of $61.93, reached back on July 9 of this year.

On Monday, August 30, Newmont closed above an important resistance level, at $59.91, setting up the run for new highs.

With bullion in rally mode it looks like a breakout is in the cards for this widely traded mining stock.

If Newmont Mining does break out to new closing highs, the initial target for the advance is at $65.84. If surpassed the target will be $68.99. That target is 12.5% above the August 31 close.

(Go to http://www.financialwire.net/2010/04/22/about-kollar/ for more about Mr. Kollar, and go to http://www.financialwire.net/?s=kllrfby+cmmtry for more of Kollar’s commentaries.)

**Today’s FirstAlert(tm) is brought to you by ShareIntel(r) Shareholder Intelligence Services (see below).**

The FirstAlert(tm) “Money Index” is an indicator of the depth of market direction or indirection. While not always including the same stocks, the combined NYSE, AMEX and NASDAQ 25 most actives and combined NYSE, AMEX and NASDAQ greatest percentage losers and greatest percentage winners (weighted against pure monetary loss/gain) indicate the direction in which the mass …


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Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders - - Streaming Research Special - September 2, 2010 (FinancialWire) (Summary of September 1, 2010’s Session) — Last session’s most actives showed 23 advancers versus 2 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at [...] [...continued]
Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders - - Streaming Research Special - September 1, 2010 (FinancialWire) (Summary of August 31, 2010’s Session) — Last session’s most actives showed 9 advancers versus 16 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at [...] [...continued]
Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders - - Streaming Research Special - August 31, 2010 (FinancialWire) (Summary of August 30, 2010’s Session) — Last session’s most actives showed 3 advancers versus 22 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at [...] [...continued]
Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders - - Streaming Research Special - August 26, 2010 (FinancialWire) (Summary of August 25, 2010’s Session) — Last session’s most actives showed 20 advancers versus 5 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at [...] [...continued]
Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders - - Streaming Research Special - August 25, 2010 (FinancialWire) (Summary of August 24, 2010’s Session) — Last session’s most actives showed 4 advancers versus 21 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at [...] [...continued]
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Alternative Energy: Natcore Execs To Present At China Conference - August 19, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Natcore Technology Inc. (TSX Venture: NXT) (OTC: NTCXF), which in June formed a joint venture in Hunan Province with the goal of making solar energy more cost-competitive with conventional power, said it has accepted an invitation to return to China in [...] [...continued]
Company Presentations: LightPath Technologies - August 4, 2010 (FinancialWire) (Investrend Information Syndicate) Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Positioned to exploit a $1.5 billion industry, LightPath Technologies, Inc. (LPTH) Is presenting the company’s expanded glass catalog, August 3rd Through 5th at the SPIE Optics & Photonics Conference in San Diego. Last year, the growing biomedical instrumentation and [...] [...continued]
Presentations: AgFeed To Face Investors In San Fran - July 12, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — AgFeed Industries, Inc. (NASDAQ: FEED), a hog production and animal nutrient companies in China, said that representatives from the company will attend the Global Hunter Securities 2010 China Conference at the St. Regis Hotel in San Francisco, California, where they are [...] [...continued]
Chinese Markets: S3 Attends Mongolian Investment Conference - June 28, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — S3 Investment Company, Inc. (OTC: SIVC) said the company's chairman and CEO Jim Bickel has attended a conference titled "Mongolia: Capital Raising" held on June 15-16, 2010 at the Chinggis Khaan Hotel in Ulaanbaatar, Mongolia. This annual conference focused on capital raising [...] [...continued]
Wealth Management: Encore Presenting At Conference - June 15, 2010 (FinancialWire) — Encore Bancshares, Inc. (NASDAQ: EBTX) said three of its executives will presenting at the Macquarie Small & Mid-Cap Conference in New York City on June 16, 2010 at 2: 00 p.m. eastern time. Scheduled to present are Jim D'Agostino, chairman and chief executive officer, Preston Moore, president, and Andy Creel, chief [...] [...continued]
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Filings & Reports

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New OTCBB Listing: China SheSays Medical Cosmetology - September 1, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=lstngsnws for other listings news articles.) — China SheSays Medical Cosmetology, Inc. (CSAY.OB), a cometic medical treatment integration company, is officially listed on the Over-the-Counter Bulletin Board exchange, effective August 27, trading in units of 100. From China SheSays Medical Cosmetology’s August 16, 2010, Form 10-Q filing [...] [...continued]
New OTCBB Listing: Entech Solar - September 1, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=lstngsnws for other listings news articles.) — Entech Solar, Inc. (ENSLR.OB), an alternative energy company, is officially listed on the Over-the-Counter Bulletin Board exchange, effective August 25, trading in units of 100. From Entech Solar’s August 16, 2010, Form 10-Q filing for the quarterly period ending June [...] [...continued]
Listings News: Protalix To Join Tel Aviv Exchange - August 31, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Protalix BioTherapeutics, Inc., (AMEX: PLX), an Israeli biopharmaceutical firm, said that its common stock has been approved for listing on the Tel Aviv Stock Exchange in addition to its current listing on the NYSE AMEX. Trading of the company's common stock [...] [...continued]
New OTCBB Listing: Format Inc. - August 31, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=lstngsnws for other listings news articles.) — Format, Inc. (FRMT.OB), a business consulting and services company, is officially listed on the Over-the-Counter Bulletin Board exchange, effective August 24, trading in units of 100. From Format Inc.’s August 16, 2010, Form 10-Q filing for the quarterly period ending [...] [...continued]
New OTCBB Listing: International Surf Resorts - August 31, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=lstngsnws for other listings news articles.) — International Surf Resorts, Inc. (ISFR.OB), a consumer discretionary travel / recreation / leisure company, is officially listed on the Over-the-Counter Bulletin Board exchange, effective August 23, trading in units of 100. From International Surf Resorts’ August 11, 2010, Form 10-Q [...] [...continued]
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