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Another Chop Fest Day. Markets in a range. Still Holding $WFMI
Monday, February 22, 2010 - 3:55pm | 647Another day where the action was very limited as far as market movement. Looking at the screen very stocks that we follow felt like they were going to show some entries. AIG is one that made a strong move but we didn't want to chase it. After taking a beating on BIDU in the morning we felt it would...
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Another Chop Fest Day. Markets in a range. Still Holding $WFMI
Monday, February 22, 2010 - 3:55pm | 612Another day where the action was very limited as far as market movement. Looking at the screen very stocks that we follow felt like they were going to show some entries. AIG is one that made a strong move but we didn't want to chase it. After taking a beating on BIDU in the morning we felt it would...
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Asian Markets Were Up Sharply: $AAPL $WFMI
Monday, February 22, 2010 - 6:57am | 789Good Monday morning. We are beginning this week with Asia closing higher overnight. Japan's Nikkei 225 ended up 2.7% to 10400.47, Hong Kong's Hang Seng Index gained 2.4%, South Korea's Kospi added 2.1% and Australia's S&P/ASX 200 advanced 1.8% India's Sensex climbed 1% in and Singapore's...
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Asian Markets Were Up Sharply: $AAPL $WFMI
Monday, February 22, 2010 - 6:57am | 761Good Monday morning. We are beginning this week with Asia closing higher overnight. Japan's Nikkei 225 ended up 2.7% to 10400.47, Hong Kong's Hang Seng Index gained 2.4%, South Korea's Kospi added 2.1% and Australia's S&P/ASX 200 advanced 1.8% India's Sensex climbed 1% in and Singapore's...
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Markets Didn't Quite Get The Selloff We Expected: $PCLN $AAPL $WFMI
Friday, February 19, 2010 - 3:59pm | 549With yesterday's after hours announcement by the Fed on the increase in rates, the futures dived. We didn't quite get that reaction today when the markets opened and they recovered all the losses to go back into the green. We were ready to take profits on all our short positions if the market gave...
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Markets Didn't Quite Get The Selloff We Expected: $PCLN $AAPL $WFMI
Friday, February 19, 2010 - 3:59pm | 528With yesterday's after hours announcement by the Fed on the increase in rates, the futures dived. We didn't quite get that reaction today when the markets opened and they recovered all the losses to go back into the green. We were ready to take profits on all our short positions if the market gave...
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Fed Raises Rates. Asia Slides. $AAPL $WFMI $PCLN
Friday, February 19, 2010 - 6:20am | 752Asia got hammered last night. Japan's Nikkei Stock Average of 225 companies fell 2.1% to 10,123.58 and Hong Kong's Hang Seng Index slid back below the 20,000-point level, ending 2.6% lower at 19,894.02. Australia's S&P/ASX 200 dropped 0.4%, South Korea's Kospi fell 1.7% and in afternoon trading...
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Fed Raises Rates. Asia Slides. $AAPL $WFMI $PCLN
Friday, February 19, 2010 - 6:20am | 731Asia got hammered last night. Japan's Nikkei Stock Average of 225 companies fell 2.1% to 10,123.58 and Hong Kong's Hang Seng Index slid back below the 20,000-point level, ending 2.6% lower at 19,894.02. Australia's S&P/ASX 200 dropped 0.4%, South Korea's Kospi fell 1.7% and in afternoon trading...
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Markets Closing Solidly in The Green
Thursday, February 18, 2010 - 3:55pm | 596Looks like the chop fest that went on midday has resolved itself to the upside. We are still holding our positions. AAPL WFMI PCLN We could have taken some profits in AAPL in the morning but were holding out for a larger move. We will continue holding on the premise of a larger breakdown. We...
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Markets Closing Solidly in The Green
Thursday, February 18, 2010 - 3:55pm | 568Looks like the chop fest that went on midday has resolved itself to the upside. We are still holding our positions. AAPL WFMI PCLN We could have taken some profits in AAPL in the morning but were holding out for a larger move. We will continue holding on the premise of a larger breakdown. We...
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Market Update: Keys To Making Money! (NASDAQ:FSLR), (NYSE:TSN), (NASDAQ:WFMI)
Thursday, February 18, 2010 - 3:30pm | 390The markets are trending flat to slightly higher today. The SPDR S&P 500 ETF (NYSE: SPY) is just up .15% while the technology is also slightly higher with the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQQ) up just .15% as well. While the markets are holding steady, there are always...
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NCR Corp. (NCR), SUPERVALU (SVU) And Navistar (NAV) To Benefit From Expected Pension Funding Relief
Thursday, February 18, 2010 - 1:26pm | 116Northcoast Research expects legislative action to provide pension funding relief for defined benefit plans that incurred losses in 2008. This move will provide a breather to companies with unfunded liabilities and save them cash over several years by delaying the required contribution rate....
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U.S. Equity Movers & Shakers: (C, CSTR,OMX, TLB)
Wednesday, February 17, 2010 - 7:47pm | 469Bloomberg reported unusual share price movement for the following companies in early trading today. Citigroup, Inc. (NYSE: C) rose 3% to $3.41. Paulson & Co. increased its stake in Citigroup, and sold shares in Bank of America Corp. (NYSE: BAC) in Q4. Coinstar, Inc. (NASDAQ: CSTR), owner of...
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US Equity - Stocks on the move (VCLK, WFMI, PACR)
Wednesday, February 17, 2010 - 5:56pm | 118According to Bloomberg, following shares may see unusual moves in trading today. ValueClick, Inc. (NASDAQ: VCLK) may see a further drop after declining 4.3% yesterday. The Internet advertising company forecasts lower-than-expected earnings of 16 cents a share for the first quarter of 2010. Whole...
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Benzinga’s Volume Movers (WFMI, DISCA, CSTR, HUSA, PERY)
Wednesday, February 17, 2010 - 2:50pm | 205Whole Foods Market Inc (NASDAQ: WFMI) shares jumped 11.93% to $34.16. The volume of WFMI shares traded was 604% higher than normal. WFMI shares benefited from Walgreen’s takeover of Duane Reade. Discovery Communications Inc (NASDAQ: DISCA) shares climbed 8.81% to $31.49. The volume of DISCA shares...