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% of Stocks Over 50 Day Moving Average Reaching Rally Extremes in both S&P 500 and NASDAQ 100
Thursday, April 1, 2010 - 9:00am | 619Obviously we are sitting at some very overbought levels. Below are the % of stocks over their 50 day moving averages in both the S&P 500 and NASDAQ 100. The [broader] NASDAQ Composite is not so extreme, but since the whole NASDAQ is essentially Apple (AAPL), Google (GOOG), Amazon.com (AMZN),...
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Research Outlook For Expedia (EXPE)
Tuesday, March 30, 2010 - 2:12pm | 124According to reports released today from both Kaufman Brothers and Benchmark Capital, shares of online travel agent Expedia.com (NASDAQ: EXPE) are a Buy. Kaufman Brothers have a price target of $27 on the stock and Benchmark's target is $31. Both firms believe that the company will benefit from...
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J.P. Morgan Reiterates Amazon.com (AMZN) Overweight Rating
Tuesday, March 30, 2010 - 9:30am | 181J.P. Morgan analysts Imran Khan, Lev Polinsky, Bridget Weishaar, Shelby Taffer and Vasily Karasyov reiterated their Overweight rating for shares of Amazon.com, Inc. (Nasdaq: AMZN), with a price target of $180. The J.P. Morgan analysts said that Amazon.com remains one of their top investment picks....
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Company News for March 30, 2010 - Corporate Summary
Tuesday, March 30, 2010 - 9:16am | 295• A WSJ report that Apple (NASDAQ:AAPL) is developing an iPhone with CDMA capability for Verizon (NYSE:VZ) as well as a new iPhone to be offered this summer sent shares in the firm up 4% in pre-market trade. Verizon shares are trading 1.3% higher, with AT&T (NYSE:T) up 1.0%. Research in Motion...
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Fast Money Picks For March 30th (UPL, EXPE, NKE, TJX, MU)
Monday, March 29, 2010 - 6:47pm | 160Brian Kelly said on CNBC's Fast Money that he thinks Ultra Petroleum Corp. (NYSE: UPL) is going up. Ultra Petroleum (UPL) jumped 5.57% to $46.64. Joe Terranova likes Expedia, Inc. (NASDAQ: EXPE), and Anthony Scaramucci recommends NIKE, Inc. (NYSE: NKE). Expedia (EXPE) spiked 6.15% today, while NIKE...
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Barron’s Picks 30 Best CEOs (ORCL, NFLX, F, CMI, AAPL)
Monday, March 29, 2010 - 10:41am | 321Barron’s has released a list of 30 best CEOs. The list includes CEOs who took the financial crisis and the recession, which followed it, head on and steered their companies out of it stronger. Barron’s annual list of Most Respected CEOs this year includes 11 new names. One of the new names in the...
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Invest In Apple’s New iPad Launch Through These Technology Heavy ETFs
Friday, March 26, 2010 - 8:26pm | 1643“As we approach the end of Apple’s (AAPL) March quarter, we believe it is now clear the company is running well ahead of our previous expectations and consensus, and we are raising estimates as a result. While upside is often the norm for Apple, we are still surprised by the current strength, as we...
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Akamai CEO On Fast Money (AKAM, NFLX)
Thursday, March 25, 2010 - 6:25pm | 251Akamai Technologies (NASDAQ: AKAM) CEO Paul Sagan appeared on Fast Money tonight to talk about his business. He said that AKAM is now the preferred content delivery network provider for Netflix (NASDAQ: NFLX) streaming video. This is important, as Netflix (NFLX) is continuing to shape up like a...
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Top Performing Industries For March 25 (CONN, BFLY, BBW, STRS, CEA)
Thursday, March 25, 2010 - 3:10pm | 367At 2:32 p.m., Dow gained 62.43, or 0.58%, to 10,898.58, while the broader Standard & Poor's 500 index rose 4.84, or 0.41%, to 1,172.56. The Nasdaq composite index added 14.38, or 0.60%, to 2413.14. The industries that are driving the market today are: Electronics Stores: The top gainer of the...
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Priceline.com (PCLN) - Breakout
Thursday, March 25, 2010 - 12:02pm | 424After consolidating a large move, Priceline.com (PCLN) was trading under $246 for a few weeks. That level was breached today, and you can see the power of the "breakout" trade below. Which is why you don't want to be shorting anything that breaks out of a consolidation pattern.... Within the...
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Blockbuster May One Day Be Forced To Sue Netflix for Anti-trust Violations
Wednesday, March 24, 2010 - 8:25am | 75It might be hard for some people to imagine Netflix (NASDAQ:NFLX) as the big bad bully in the entertainment distribution market, especially when you consider the once retail superpower Blockbuster Inc. (NYSE:BBI) as the victim. In the new digital age, court rooms and laws have to evolve as fast...
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Apple Ups Its Publishers Count For E-Books Store (AAPL)
Tuesday, March 23, 2010 - 1:42pm | 139Apple (NASDAQ: AAPL) has signed up two more independent publishing houses for its forthcoming iPad. These publishing houses are Perseus Books Group and Workman Publishing Company. Perseus Books is a publishing house and it also handles the distribution work for 330 other smaller presses including...
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Benzinga’s Top Downgrades (VRSN, BPOP, STI, AKAM, IACI)
Monday, March 22, 2010 - 2:49pm | 247VeriSign Inc (NASDAQ: VRSN) was downgraded by Oppenheimer from “outperform” to “perform.” VRSN lost 1.46% at 12:46 pm. VRSN has a 52-week trading range of $17.54 - $27.18. Read more about this company here. B. Riley downgraded Popular Inc (NASDAQ: BPOP) from “buy” to “neutral.” BPOP’s shares were...
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IAC/Interactive Downgraded By UBS
Monday, March 22, 2010 - 3:12am | 72IAC/Interactive (Nasdaq: IACI), the operator of the Ask.com and Match.com Internet properties, was downgraded to "neutral" from "buy" by UBS, citing valuation. UBS says IAC/Interactive's share price reflects the company's aggressive share repurchasing, but that the company is likely to continue...
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Anticipating Major Wall Street Ratings and Estimate Actions
Friday, March 19, 2010 - 3:40pm | 421For new readers, please see our recent report where we anticipated recent Wall Street ratings and estimate actions via focus lists and deeper fundamental research reports. For example, on March 8 we noted that Domtar Corp. (UFS) was worth special attention as a long idea. A week later, Goldman...