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Monitoring Put/Call Ratio 05-24-2010
Monday, May 24, 2010 - 2:45pm | 853Cusick’s Corner What a weekend -- the Hawks are going to the Stanley Cup (huge hockey fan, but I guess I have to be with 4 kids in travel hockey), had our first 90 degree day in Chicago and during the last 20 minutes of trading on Friday, the SPX decided to pop almost 20 points. This market...
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Today’s Best Market Rumors (5/24/2010)
Monday, May 24, 2010 - 9:00am | 384Adding to the mixed results on the US real estate market, the National Association of Realtors said existing home moved sharply higher in April. But, the numbers were almost certainly an aberration. “Existing-home sales, which are completed transactions that include single-family, townhomes,...
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VMED Initiated With Buy At Deutsche Bank
Monday, May 24, 2010 - 6:43am | 45Analysts at Deutsche Bank initiate coverage of Virgin Media (NASDAQ: VMED) with a "buy" rating. VMED’s shares moved up 4.12% to close at $15.41 on Friday. More Analyst Ratings here
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Looking at FedEx Options Strategies After an Upgrade
Friday, May 21, 2010 - 4:49pm | 1802During Thursday’s market meltdown, one analyst still had time for optimistic words on United Parcel Service (NYSE: UPS) and FedEx Corporation (NYSE: FDX). David Ross of Stifel Nicolaus boosted his rating on both names to “buy,” noting the shipping industry has room for upside as the global economy...
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Benzinga’s Top Pre-Market Gainers (ARCC, EXEL, SQQQ, VRGY, CETV)
Friday, May 21, 2010 - 9:00am | 159Ares Capital Corp (NASDAQ: ARCC) soared 7.31% to $13.80 in the pre-market session. JMP Securities initiated coverage of ARCC with a “market outperform” rating. Exelixis Inc (NASDAQ: EXEL) added 5.36% to $5.50 in pre-market trading. EXEL announced interim data from an ongoing Phase 1b/2 study of...
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Mounting Global Economic Fears 05-20-2010
Thursday, May 20, 2010 - 7:59pm | 807Cusick's Corner Major US markets fell like a rock today after continuing fear that the EU debt crisis may thwart any US recovery. The Euro jumped against the Dollar after there were rumors that the European Central Bank might intervene to support the Euro which then set off short-covering in the...
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Customer Service Still A Problem For Sprint
Thursday, May 20, 2010 - 11:26am | 218Sprint-Nextel (NYSE: S) is in the midst of rolling out its next-generation 4G WiMax service which it hopes will give it advantages over larger rivals AT&T Wireless and Verizon Wireless. Sprint’s problem in gaining market share may be that its customer service is still sub-par.Zogby and MSN...
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Short-Term Calls Purchased in DISH
Thursday, May 20, 2010 - 10:21am | 115Shares of Dish Network Corp. (NASDAQ: DISH) are lower on the session by 3.07%, currently at $21.47. The stock is now trading right on top of the 50-day moving average and looking for support. Traders are betting that the stock may rally back strong in by the close on Friday as they are buying the...
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Why Investor's Should Make Friends with Fear
Thursday, May 20, 2010 - 9:05am | 2092In this post I will give some advice on why I believe investor's should become friends with fear, and explain how it can be done using stock options. I'm certain many of you already know how the markets gauge fear, but for those of you who don't, a simple way to see how fearful the markets are is...
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Early Volume Plays Among Those Valued Below $10 (EFJI, TSFG, SIRI, HAUP)
Monday, May 17, 2010 - 10:46am | 324Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are: EF Johnson Technologies (NASDAQ: EFJI) announced that it has agreed to be acquired by an affiliate of Francisco Partners, a global technology-focused private...
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TiVo-EchoStar Case Reopened (TIVO, SATS, DISH)
Saturday, May 15, 2010 - 2:23am | 176A Federal Appeals Court has decided to rehear the TiVo-EchoStar case. The case was filed by TiVo (NASDAQ: TIVO) against DISH Network (NASDAQ: DISH) and its sister company, EchoStar Corp. (NASDAQ: SATS), for alleged infringement of its patent rights. According to The Wall Street Journal, a three-...
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International Sales Increasingly Supply Earnings Growth 05-14-2010
Friday, May 14, 2010 - 6:57pm | 853Cusick's Corner In 2009 the Euro averaged around $1.39 and many US companies created profit targets based somewhat around that level (some higher, some lower and not all are hedging the exchange rates). Now that the Euro (ECM10) is currently around 1.24 and has dropped over 13% since the beginning...
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Friday’s Market Roundup
Friday, May 14, 2010 - 4:26pm | 431The market was weak right from the get-go today. It appears that traders were not willing to step up and bid for stocks until they hit the 1128 support level on the S&P 500 (NYSE: SPY). The market was able to base out from that level with buyers coming in at three separate instances with...
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Tight Risk Parameters Key 05-14-2010
Friday, May 14, 2010 - 2:46pm | 835Cusick’s Corner This is a “Tale of Two Cities” or should I say continents. The US landscape is improving, while the EU is just getting torn up. We are in the search for the lows -- look for 1125 as support. If the market does hold this 1125 level, then we could see a possible bounce going into...
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Stocks That Crossed 52-Week Highs (BSMD, DISH, HAUP, HAIN)
Friday, May 14, 2010 - 2:09pm | 196BioSphere Medical Inc (NASDAQ: BSMD) crossed its earlier 52-week high of $4.19 and created a new 52-week high of $4.26, up 42% at 1:10 pm. BSMD is going to be acquired by Merit Medical Systems for approximately $96 million in cash. DISH Network Corp (NASDAQ: DISH) was another stock that made a new...