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Monday's Put/Call Ratio Leaders (ERIC, PWR, SVU, SWKS, KGC)
Monday, January 10, 2011 - 12:21pm | 93Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. LM Ericsson Telephone Co. (NASDAQ: ERIC) 3,302 puts, 13 calls 2. Quanta Services Inc. (NYSE: PWR) 2,590 puts, 60 calls 3. Supervalu (NYSE: SVU) 25,088 puts, 4,820 calls 4. Skyworks...
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Using Put/Call Ratios to Catch Bears 01-07-2011
Friday, January 7, 2011 - 6:17pm | 865Cusick's Corner The market bounced off the lows and the bulls staged a comeback. I have been monitoring the market using Put/Call ratios to see if any current trend is potentially threatened. Today, the market Put/Call ratio hit the lows of .61, exhibiting a ton of bullishness,...
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Earnings Season to Kickoff - Earnings Preview
Friday, January 7, 2011 - 5:06pm | 4142Earnings Preview 1/07/11 Next week marks the semi-official start of fourth-quarter earnings season. Things will be getting off to a slow start, with only 37 firms due to report, but 6 of those will be S&P 500 firms. We define any fiscal period ending in November, December and January to be the...
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Jobs Number Not Big Enough for Bulls 01-07-2011
Friday, January 7, 2011 - 3:16pm | 891Cusick's Corner The employment number didn't look big enough to keep all the bulls happy, so there's been some small profit taking. The EU is weighing down the market and the Euro. I'll be watching the Euro's close today to see if it cannot break and settle above 1.30, the currency could continue...
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Earnings Season to Kickoff - Earnings Preview
Friday, January 7, 2011 - 12:00am | 4142Earnings Preview 1/07/11 Next week marks the semi-official start of fourth-quarter earnings season. Things will be getting off to a slow start, with only 37 firms due to report, but 6 of those will be S&P 500 firms. We define any fiscal period ending in November, December and January to be the...
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Jobless Claims Up, But Trend Still Down - Analyst Blog
Thursday, January 6, 2011 - 11:30am | 2268Initial Claims for Unemployment Insurance rose by 18,000 last week to 409,000 (last week was also revised up by 3,000, so one could see it as a 21,000 increase). This was slightly worse than the expected level of 405,000. The massive drop during the Christmas week was clearly affected by some...
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Jobless Claims Up, But Trend Still Down - Analyst Blog
Thursday, January 6, 2011 - 10:51am | 2268Initial Claims for Unemployment Insurance rose by 18,000 last week to 409,000 (last week was also revised up by 3,000, so one could see it as a 21,000 increase). This was slightly worse than the expected level of 405,000. The massive drop during the Christmas week was clearly affected by some...
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Alliance Data's LoyaltyOne Business Signs Long-Term Renewal With Canada Safeway Limited
Thursday, January 6, 2011 - 7:37am | 47Alliance Data Systems Corporation (NYSE: ADS) announced that its Canadian coalition loyalty business signed a long-term contract renewal on Dec. 22, 2010 with Canada Safeway Limited, a subsidiary of Safeway Inc. (NYSE: SWY).
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Options Brief: Whole Foods Market (WFMI)
Wednesday, January 5, 2011 - 10:37am | 90Shares of Whole Foods Market (NASDAQ: WFMI) are higher on the session by 0.39%, trading at $49.23. Overall call volume is now running at 2.86x the daily average, with 7% of all calls traded being purchases on the offer. 4,915 contracts have traded on the session so far. Whole Foods Market, Inc. is...
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Stock Market News for Jan 5, 2011 - Market News
Wednesday, January 5, 2011 - 9:33am | 1148Markets bid adieu to the surge on the first trading day of the year, as they ended mixed yesterday. Investors took a breather and shrugged off positive economy data on factory orders and better auto sales. Minutes from the Federal Reserve declared continuing support to stimulus measures. Taking...
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Stock Market News for Jan 5, 2011 - Market News
Wednesday, January 5, 2011 - 9:08am | 1148Markets bid adieu to the surge on the first trading day of the year, as they ended mixed yesterday. Investors took a breather and shrugged off positive economy data on factory orders and better auto sales. Minutes from the Federal Reserve declared continuing support to stimulus measures. Taking...
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Latest Pullback Healthy 01-04-2011
Tuesday, January 4, 2011 - 7:21pm | 825Cusick's Corner This is healthy -- a pullback, maybe a consolidation, and then the market digests and resumes the major trend. Commodities have taken the hardest hits. If markets like Gold and Oil can hold key levels of 1325 on Gold and 85 on Oil and take a breather, look at strategies that take...
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Volatility is on the Move 01-04-2011
Tuesday, January 4, 2011 - 3:08pm | 808Cusick's Corner Volatility is on the move. The VIX popped 3.5% and the back month futures are also moving higher into the mid 20s. The market is celebrating new highs but the oversold nature of the market is starting to get more attention with a move in volatility. I will be monitoring the close...
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Whole Foods Falls On Heavy Volume After Downgrade (WFMI)
Tuesday, January 4, 2011 - 12:28pm | 79Shares of Whole Foods (NASDAQ: WFMI) are falling on heavy volume after analysts at BMO Capital Markets cut their rating on the stock from Outperform to Market Perform. Whole Foods (WFMI) has lost 4.14% to $48.65. Around 1.4 million shares have already changed hands on the trading session. Whole...
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Bearish MACD for The Pantry Inc - Tale of the Tape
Tuesday, January 4, 2011 - 11:33am | 112The Pantry, Inc.'s (PTRY) MACD indicator has entered into bearish territory with a reading of -0.0892. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 3% to $13.07 in morning trade. The Zacks Consensus Estimate on the company's earnings for 2011 has reduced 26 cents over the past month...