Monday, February 28, 2011

Walt Disney(NYSE:DIS)

Walter Elias Disney (December 5, 1901 – December 15, 1966) from Chicago,Illinois,the United States is the pioneer of the famous 20th century entertainment production..WALT DISNEY.
Disney is particularly noted for being a film producer and a popular showman, as well as an innovator in animation and theme park design. He and his staff created some of the world's most famous fictional characters including Mickey Mouse, a character for which Disney himself was the original voice.
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide.The company's Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida that includes theme parks; resort hotels; a retail, dining, and entertainment complex; a sports complex; conference centers; campgrounds; golf courses; and water parks.The company was founded in 1923 and is based in Burbank, California.
ETFs with DIS as a Top 10 Holding
WisdomTree Low P/E Fund=NA
iShares Dow Jones U.S. Consumer=4.31%
PowerShares Dynamic Leisure & E=4.94
iShares S&P Global Consumer Dis=3.15
ProShares Ultra Consumer Servic=1.26
Vanguard Consumer Discret ETF=4.20
SPDR Select Sector Fund - Consu=6.10
Mutual Funds with DIS as a Top 10 Holding
BROWN ADVISORY FLEXIBLE VALUE F
BERWYN CORNERSTONE FUND
BOYAR VALUE FUND INC THE
RIDGEWORTH FDS LARGE CAP CORE E
COMMERCE FUNDS VALUE FD INSTITU
CAUSEWAY GLOBAL VALUE FD INSTL
COLUMBIA MARSICO 21ST CENTURY F
Major Institutional Shareholders as at 31 December 2010:-( shares)( % )
FMR LLC=7,465,778=5.13%
STATE STREET CORPORATION=2,921,696=3.84
VANGUARD GROUP, INC. (THE)=6,284,226=3.49
BackRock Institutional Trust Company, N.A.=6,762,419=2.46
PRICE (T.ROWE) ASSOCIATES INC=3,146,094=2.27
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO=2,206,018=2 .22
MASSACHUSETTS FINANCIAL SERVICES CO - OTHER=40,851,328=2.15
SOUTHEASTERN ASSET MANAGEMENT, IN=37,369,00=1.97
JENNISON ASSOCIATES LLC=33,330,415=1.76
NORTHERN TRUST CORPORATION=28,237,436=1.49
DISNEY is listed in the services sector of the Dow component and the latest price trend shows that it is also in a bullish mode.
The stock price has spike up in February and is very near to the 52 weeks High with a view of possible breakout.
On the 9-May-11 will be the earnings announcement so meantime till that piece of news will be great for the stock.
Tracking the Dow,Monday 28.2.11
1)Personal Income and Outlays
2)Chicago PMI
3)Pending Home Sales Index

9:30am:--Bullish 20.0 points spike up..Stocks open higher after Bullard comments.
10:30am:--Early session high.Bearish engulfing.Lower crude oil is helping to sustain the market.
11:30am:--Pullback to bull pivot support with an inverted bulish hammer.A regional index showed manufacturing expanding further in the Midwest.
12:30noon:--Retrace to bull pivot resistance.Follow through was a hammer.Downgrade of Amazon.com Inc. hit technology shares.
1:30pm:--Bearish spike down to MAV support line.Consumer spending rising 0.2% in January.
2:30pm:--Rebounded to bull pivot resistance.Bullish inverted hammer.Pending home sales fell for a second straight month.
3:30pm:--Ascending bulls to near day's high.
4:00pm:--A bullish candlestick.
Oil prices edged down on reports that a tanker destined for China was loading crude in a Libyan port, while Saudi Arabia was hiking exports, with crude futures (CLJ11 97.42, +0.45, +0.46%) for April delivery finishing off 91 cents at $96.97 a barrel, or up 5.2% for the month, on the New York Mercantile Exchange.
Bank of St. Louis Federal Reserve President James Bullard told CNBC that energy prices would need to run substantially higher to curb the recovery.
The 5 days technical chart has formed a valley(trough).