This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Top Takes From RealMoney

The RealMoney contributors are in the business of trading and investing all day on the basis of ongoing news flow. Below, we offer the top five ideas that RealMoney contributors posted today and how they played those ideas. brings you the news all day, and with RealMoney's "Columnist Conversation," you can see how the pros are playing it on a real-time basis. Here are the top five ideas played today. To see all that RealMoney offers, click here for a free trial.

1. Utility Earnings

By Tim Melvin
1:42 p.m. EDT

If it really is getting better, why are the utilities reporting lower earnings and given reduced or weak guidance? Duke Energy (DUK - Get Report) missed estimates this morning, as did Entergy (EMO).

According to the Energy Information Association industrial demand for energy is down 12% nationally. Duke reported demand that fell even further. Industrial demand was off 18% in the Carolinas and 20% in the company's Midwestern operations. The CEO at Duke told investors that industrial demand may be stabilizing, but he does not see it improving anytime soon. The company CFO affirmed this, saying it may well be 2011 before demand shows any meaningful increase.

Even with all the cost-cutting that has gone on in corporations this year, merely stabilizing at these levels does not bode well for earnings going forward.

No positions.

2. Canada vs. Europe

By Marc Chandler
1:04 p.m. EDT

In recent weeks we have recommended long Canadian dollar positions against the U.S. dollar and the Mexican peso. Over the past month, the Canadian dollar has been among the best-performing currencies, gaining 8.6% against the dollar and more than 7.5% against the Mexican peso.

We are concerned that from a fundamental perspective, much of the good news for Canada has been discounted, such as higher commodity prices and the recovery in the auto sector. The persistent strength of the Canadian dollar risks some condemnation by Canadian officials who are worried that it may hamper the recovery.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ERX $54.24 -0.37%
XLE $77.03 -0.12%
DUK $74.35 -0.81%
EMO $20.81 -0.05%
GE $24.80 -0.44%


DOW 17,678.23 -40.31 -0.23%
S&P 500 2,056.15 -4.90 -0.24%
NASDAQ 4,863.3620 -13.1570 -0.27%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs