SBWire

The price of gold has increased by just under $200 per ounce since the middle of May, to a six month high of $1,736. The strength in the price of the commodity has been driven to a great degree by the rounds of Quantitative Easing here at home, and overseas in Europe and some parts of Asia and South America. One of the results of higher gold prices, according to penny stock picks expert Peter Leeds, is that many of his newsletter's Hot List penny stock picks that are in the precious metals sector will enjoy increases in sales and profits, and theoretically higher share prices.

Many industries will not do as well under Democratic leadership, while others will do much better, based on the underlying policy decisions. Peter Leeds, the widely followed and highly respected stock market analyst and expert in penny stocks, has released his picks for the top three industries which will benefit from a second term for President Barrack Obama.

Peter Leeds says that penny stocks do well in January and it can be attributed to several factors. He says, “Whether that is because of New Year's resolutions, anticipation of fuel and heating oil demand, or otherwise, January tends to treat penny stock investments pretty well.” He further says, “January is gearing up to be a potentially great month for penny stocks and it is the right time for you.”

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE) 2.87 +0.40 (16.19%).

SunPower Corporation (NASDAQ:SPWR) 9.07 +2.94 (47.96%).

AMR Corporation (OTCQB: AAMRQ) 0.836 -0.023 (-2.68%).

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE) 2.87 +0.40 (16.19%).

SunPower Corporation (NASDAQ:SPWR) 9.07 +2.94 (47.96%).

AMR Corporation (OTCQB: AAMRQ) 0.836 -0.023 (-2.68%).

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE) 2.87 +0.40 (16.19%).

SunPower Corporation (NASDAQ:SPWR) 9.07 +2.94 (47.96%).

AMR Corporation (OTCQB: AAMRQ) 0.836 -0.023 (-2.68%).

Cisco Systems Inc. (NASDAQ: CSCO), a designer, manufacturer and seller of network equipments, is marginally higher in mid-day trading today. At last check, CSCO was trading 0.27% higher at $20.40 on volume of 11.17 million, which is below the daily average volume of 38.20 million.

Facebook Inc. (NASDAQ: FB), the social networking giant, has edged higher in mid-day trading today, extending its gains from the previous trading sessions. FB is gaining after the stock broke through $28 resistance level on Wednesday.

Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, is marginally lower in mid-day trading today. RIMM has slipped in trading today even as the company, along with T-Mobile USA Inc., announced the most affordable BlackBerry smartphone on T-Mobile’s nationwide network-the BlackBerry Curve™ 9315.

Micron Technology Inc. (NASDAQ: MU), a worldwide manufacturer and marketer of semiconductor devices, is soaring in mid-day trading today, extending its gains for the week. MU has rebounded sharply this week after seeing significant selling pressure last week.

Dell Inc. (NASDAQ: DELL), the personal computer maker, is up sharply in mid-day trading today, extending its gains from the previous trading sessions. DELL has been gaining momentum this week as the broad market rallied following the passage of a bill that averted the fiscal cliff. On Wednesday, the NASDAQ had finished more than 3% higher.

ON Semiconductor Corp. (NASDAQ: ONNN), a supplier of silicon solutions for energy efficient electronics, is marginally lower in mid-day trading today. At last check, ONNN was trading 0.14% lower at $7.36 on volume of 5.08 million, which is below the daily average volume of 6.22 million.

Mellanox Technologies Ltd. (NASDAQ: MLNX), a fabless semiconductor company engaged in the production and supply of interconnect products that facilitate data transmission between servers, storage systems and communications infrastructure equipment and other embedded systems, is sinking in mid-day trading today after the company lowered its revenue forecast for the fourth quarter.

Apple Inc. (NASDAQ: AAPL), the maker of iPhones and iPads, is marginally lower in mid-day trading today. At last check, AAPL was trading 0.24% lower at $547.70 on volume of 5.46 million, which is a little over a quarter of the daily average volume of 20.71 million.

AmarantusBioSciences Inc. (OTCQB: AMBS), a development stage biopharmaceutical company, is seeing a pullback in mid-day trading today after rallying in the previous three trading sessions. AMBS had been rallying since last Friday after the company announced the acquisition of neurodegenerative diagnostic intellectual property portfolio from Power3 Medical Products.

Facebook Inc. (NASDAQ: FB), the social networking giant, has edged higher in mid-day trading today, extending its gains from the previous trading sessions. FB is gaining after the stock broke through $28 resistance level on Wednesday.

Cisco Systems Inc. (NASDAQ: CSCO), a designer, manufacturer and seller of network equipments, is marginally higher in mid-day trading today. At last check, CSCO was trading 0.27% higher at $20.40 on volume of 11.17 million, which is below the daily average volume of 38.20 million.

Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, is marginally lower in mid-day trading today. RIMM has slipped in trading today even as the company, along with T-Mobile USA Inc., announced the most affordable BlackBerry smartphone on T-Mobile’s nationwide network-the BlackBerry Curve™ 9315.

Micron Technology Inc. (NASDAQ: MU), a worldwide manufacturer and marketer of semiconductor devices, is soaring in mid-day trading today, extending its gains for the week. MU has rebounded sharply this week after seeing significant selling pressure last week.