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Benzinga's Top ETF Gainers, April 1st (CZM, SOXS, EDC, SCIF)
Friday, April 1, 2011 - 7:12pm | 211Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) jumped 4.90% on Friday as CNOOC Limited (ADR) (NYSE: CEO) closed 3.60% higher, and China Mobile Ltd. (ADR) (NYSE: CHL) added 1.47%. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) gained 4.43% in the regular trading session, and...
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Looking For A Solid Move To Start April? Joke's On You! (RIO, FCX, NEM, SCCO, X, AKS, MT, DIA, SPY, SLB, OXY, HAL)
Friday, April 1, 2011 - 5:12pm | 680The market has been steadily climbing for the past two weeks, putting in small gains but seemingly remaining unsure of itself as divergences in different indices and sectors began to accumulate. Traders were looking to Friday's important economic data (Jobs Report, ISM Index, and Construction...
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HDV: Another Dividend ETF Arrives
Friday, April 1, 2011 - 3:37pm | 506BlackRock, Inc. (BLK) yesterday (3/31/11) launched the iShares High Dividend Equity Fund (HDV). The new ETF provides exposure to high quality income-producing U.S. securities based on the Morningstar Dividend Yield Focus Index. The underlying index seeks to identify companies providing relatively...
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Long in HD and SU
Friday, April 1, 2011 - 11:26am | 69Two new trades, though neither have moved much since getting in to, with the first being in Suncor Energy (SU), which is forming a nice cup and handle. Read more...
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Markets Rise To Key Level On Jobs Data
Friday, April 1, 2011 - 10:49am | 232The markets moved sharply higher today on the back of the Non Farm Payrolls Report showing an increase of 216,000 jobs in March. The Unemployment Report showed a small decline to 8.8%. The markets opened higher and continued to advance most of the morning on the first day of the second quarter. Not...
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Best Quarter since the 90's
Thursday, March 31, 2011 - 5:04pm | 878Cusick's Corner Best Quarter since the 90's, but the After Hours was still quite. While volume has been light, the small caps were active, a positive for potential upside momentum, and was the Cherry on top of today's ice cream after we did see a decent end in today volume for the first time all...
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March Market Madness: Exxon Mobil (XOM)
Thursday, March 31, 2011 - 12:10pm | 275As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA . Next up, Exxon Mobil (XOM). Over the last few weeks we have started a discussion of some of the more important features of our “OneSheet” stock overviews. Now we are going to present the...
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Exxon & Conoco Could Receive $2.5B From Venezuela (XOM, COP)
Thursday, March 31, 2011 - 11:47am | 40Venezuela could pay $2.5 billion to Exxon Mobil (NYSE: XOM) and ConocoPhilips (NYSE: COP) for assets, which the Venezuelan government expropriated nearly four years ago.
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Oil Stocks Show Signs Of Top
Thursday, March 31, 2011 - 11:43am | 187Many oil stocks are reversing early gains today, signaling a possible top. Some of the biggest names have had some of the most impressive gains in the last nine months. Chevron Corporation (NYSE: CVX) has gone from under $67.00 per share in July 2010 to a high today of $109.65. That is a massive...
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Chevron Fades From Open. Watch This Level
Thursday, March 31, 2011 - 9:27am | 73Chevron Corp.(NYSE: CVX) started the morning around the $109.60 area at the open of the day. The stock has faded a bit from the opening high print and is trading around the $108.80 area now. Short term scalp traders must watch the $108.00 level as important intra-day support. Should the stock...
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Credit Suisse Raises HES Target From $95 To $105
Thursday, March 31, 2011 - 6:30am | 28Credit Suisse is raising its PT on shares of Hess Corporation (NYSE: HES) from $95 to $105. Hess Corporation closed Wednesday at $83.91.
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Benzinga's Top ETF Decliners, March 30th (DRV, BZQ, CZI, TZA)
Wednesday, March 30, 2011 - 4:56pm | 202Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) fell 4.22% on Wednesday as Vornado Realty Trust (NYSE: VNO) gained 1.88%, and Public Storage (NYSE: PSA) added 1.14%. ProShares Ultrashort MSCI Brazil (NYSE: BZQ) dropped 4.04%, and closed at $14.73. Banco Itau Holding Financeira S.A. (ADR) (...
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Paul V. Bennett Named Chevron Treasurer
Wednesday, March 30, 2011 - 3:16pm | 27Chevron Corporation (NYSE: CVX) today announced that Paul V. Bennett has been named vice president and treasurer, effective May 1, 2011.
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My Top Big-Cap Stock Plays
Wednesday, March 30, 2011 - 2:10pm | 270Here is my list of top defensive plays going into April. If you're looking for some nice defensive stocks to go along with the rest of your long positions in the portfolio, then take a look at the list of stocks below that are more defensive than growth oriented. They are stocks that shouldn't...
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Suitors Line Up To Pick Up BP's Slack In Russia
Wednesday, March 30, 2011 - 11:56am | 183Reuters is reporting that energy investors are pondering how to react to BP's (NYSE: BP) troubles in Russia. The dilemma is there for all to see; the setback faced by BP could allow others to step into the breach, but it is a stark reminder that dealings with Russia are rarely hassle-free. It is...