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Rollin', Rollin', Rollin' 11-04-2010
Thursday, November 4, 2010 - 6:04pm | 861Cusick's Corner Christmas seems to have come early -- major indices are breaking through the April highs. This could be a good time to take an opportunity to roll long positions. Call holders may want to consider rolling up to a higher strike and potentially take profits while keeping bullish...
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Bookkeeping: Some Light Profit Taking
Thursday, November 4, 2010 - 3:51pm | 1064I'm busy gorging on profits as within minutes of my last post the S&P surged to test yearly high but I will soon edit the Julian Robertson post with video. Much like in 1999, I have become a genius. So have you. Throw dart, buy stock, win. The national IQ is soaring in terms of stock market...
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Auto Industry Outlook and Review – Nov. 2010 - Industry Outlook
Thursday, November 4, 2010 - 3:03pm | 2745The auto industry is a highly concentrated one. About 10 global automakers account for over 77% of the production worldwide. In the first nine months of 2010, General Motors (MTLQQ) led with a 19% market share in the U.S., followed by Ford Motor Co. (F) with a 16.7% market share, Toyota Motors Corp...
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Running of the Bulls in November 11-04-2010
Thursday, November 4, 2010 - 2:52pm | 934Cusick's Corner The bulls continue to run the streets and now it looks like the institutional bid has joined the fray. This trend is continuing after all the data over the past 72 hours has cleared. There's now support firmly in this market. This latest move made the retail universe actually start...
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Running of the Bulls in November 11-04-2010
Thursday, November 4, 2010 - 2:52pm | 934Cusick's Corner The bulls continue to run the streets and now it looks like the institutional bid has joined the fray. This trend is continuing after all the data over the past 72 hours has cleared. There's now support firmly in this market. This latest move made the retail universe actually start...
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Zacks Bull and Bear of the Day Highlights: Bayer, Greatbatch, Automatic Data Processing, Ford and Caterpillar. - Press Releases
Thursday, November 4, 2010 - 1:54pm | 3245For Immediate Release Chicago, IL – November 4, 2010 – Zacks Equity Research highlights Bayer AG (PINK: BAYRY) as the Bull of the Day and Greatbatch, Inc. (NYSE: GB) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Automatic Data Processing (Nasdaq: ADP), Ford (NYSE...
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Zacks Industry Outlook Highlights: General Motors, Ford, Toyota, Honda and Nissan. - Press Releases
Thursday, November 4, 2010 - 1:54pm | 1973For Immediate Release Chicago, IL – November 4, 2010 – Today, Zacks Equity Research discusses the Auto Industry, including: General Motors (PINK: MTLQQ), Ford Motor Co. (NYSE: F), Toyota Motors Corp. (NYSE: TM), Honda Motor Co. (NYSE: HMC) and Nissan Motor Co. (PINK: NSANY). A synopsis of...
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Why I Started TRW Automotive (TRW)
Thursday, November 4, 2010 - 1:17pm | 1421The auto stocks are going ballistic today - I'll take full credit as the reason. Ahem. I mentioned TRW Automotive (TRW) this morning... it had spectacular earnings. BorgWarner (BWA) already reported an excellent quarter and Magna International (MGA) reports tonight after the bell. Ford (F) is...
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Thursday's Mid-day Options Volume Leaders (C, BAC, F, AAPL, POT)
Thursday, November 4, 2010 - 11:11am | 110Well, the shorts are getting squeezed today. Currently, the S&P 500 (CBOE: SPX) is higher by 18.58 points, trading at $1,216.55. The CBOE Volatility Index is off by 6.65%, registering 18.26. Here are your mid-day options volume leaders… 1. Citigroup (NYSE: C) 279,189 contracts, 92.5% calls, 7....
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Balancing QE 11-03-2010
Wednesday, November 3, 2010 - 5:14pm | 839Cusick's Corner The election results are in and the market has pulled back slightly in front of the FOMC announcement. This goes back to the discussion that many events, like the election, are already priced into the market. Now with the infusion of cash from the Fed in the forefront, the market...
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Ford Closes At A 52-Week High (F)
Wednesday, November 3, 2010 - 4:55pm | 74Ford (NYSE: F) exploded higher once again on Wednesday and closed at a new 52-week high. On the session, the stock jumped 5.20% to $15.18 on very heavy volume. Around 183 million F shares changed hands compared to a daily average volume of around 64.5 million shares. Year-to-date, Ford (F) has...
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General Motors Company Commences $13B Public Offering
Wednesday, November 3, 2010 - 3:39pm | 74General Motors Company (GM) today announced it has commenced a public offering. The offering will consist of 365 million shares of common stock to be sold by certain of its stockholders. The company will also issue 60 million shares of its Series B mandatory convertible junior preferred stock with...
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Ford (F) Breaks Out on Good October Sales
Wednesday, November 3, 2010 - 3:10pm | 729I am waiting for the S&P 500 to break over the 200 weekly moving average before committing new money to the market. That said, in a normal functioning market it would be classic to move over that level and then reverse down, both sucking in the last remaining holdouts (if there are any) on the...
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Nissan North America Sales Rise 16.1%
Wednesday, November 3, 2010 - 1:53pm | 60Nissan North America, Inc. (NSANY) today reported October U.S. sales of 69,773 units versus 60,115 units a year earlier, an increase of 16.1 percent. Nissan Division sales were up 15.2 percent for the month, and sales of Infiniti vehicles rose 22.9 percent over a year before. For the calendar...
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Market Roundup (DAL, PWR, HMC)
Wednesday, November 3, 2010 - 1:47pm | 231Delta Air Lines Inc (NYSE: DAL) reported an 8.6% y/y rise in its October traffic. The company's traffic came in at 16.61 billion revenue passenger miles, up from 15.3 billion revenue passenger miles, in the year-ago period. DAL's October load factor dropped to 83.4%, down from 84.1%, in the year-...