-
Oil ETFs See Increased Options Activity
Monday, November 23, 2009 - 3:17pm | 164The ETF Professor included the Oil Services HOLDRs ETF (AMEX: OIH) in today's ETF Watchlist for a reason and that was the ETF's faltering technical outlook. OIH has lost nearly 6% over the past month and that has invited options bears to step up. Nearly 8,000 January 110 puts in OIH were purchased...
-
Benzinga’s News Update (CIEN, PBCT, FSLR, DHI, BJS)
Monday, November 23, 2009 - 11:08am | 297Ciena Corporation (NASDAQ: CIEN) declined 5.60% to $12.45 on 3.14 million shares in the morning trading hours after Ciena Corp beat other vendors in a three day auction and won the deal to buy Nortel Networks for $769 million. The 52 week trading range for CIEN is $4.98 - $16.64. So far in 2009,...
-
Schlumberger’s Operating Performance Is Impressive
Monday, November 23, 2009 - 9:34am | 147On Monday Credit Suisse upgraded Schlumberger Limited (NYSE: SLB)to “Outperform” rating from the previous “Neutral” and raised their price target to $76 from $72 earlier, this represents a premium of about 20% over yesterday’s closing price of $63.34. The firm said “SLB’s recent performance has...
-
Stock Market News for November 20, 2009 - Market News
Friday, November 20, 2009 - 10:04am | 409U.S. stocks tumbled Thursday as concerns about a subdued economic recovery played in the minds of investors. Safer bets like dollar strengthened and oil prices slumped. As investors turned to safe havens, Treasury prices rose, sending corresponding yields lower. Yields on three-month bills,...
-
Benzinga’s Top Upgrades (SII, PHM, FIS, ARUN, OHI, ZMH)
Wednesday, November 18, 2009 - 1:04pm | 227Smith International, Inc. (NYSE: SII) was today upgraded by Citi from Hold to Buy at a price target of $35. State Street Corporation (NYSE: STT) is now trading at $27.87, 3.76% up on 22 million shares. Pulte Homes, Inc. (NYSE: PHM) climbed 4.59% to $10.04 on 5.72 million shares in the morning...
-
Volume Talks: Hot Stocks on Heavy Volume & Detailed Buy Write Option Trade
Wednesday, November 18, 2009 - 10:01am | 1787Here is a list of stocks which traded higher Tuesday November 17, 2009 on unusually higher volume. As always, I will keep an eye on these stocks Wednesday to see if there is continued buying pushing the stocks higher. This method is just one of the ways I use to pick stocks to structure...
-
National Oilwell Varco To Start Paying Dividend
Tuesday, November 17, 2009 - 4:43pm | 64National Oilwell Varco (NYSE: NOV), the maker of oil and gas drilling equipment, announced it will pay a special dividend of $1 a share and begin paying a quarterly dividend of 10 cents a share. Both dividends will be paid on Dec. 16 to stockholders of record on Dec. 2. NOV said it had $3.2 billion...
-
5 Mid-Cap Stocks with Lowest PEG (SMP, ADY, STEC, CSR, TCX)
Tuesday, November 10, 2009 - 2:19pm | 173Below are interesting mid-cap stocks on the NYSE and NASDAQ that have lowest PEG ratio. Tidewater Inc (NYSE: TDW) has a PEG ratio of 0.15 and has a market capitalization of $2.32 billion. TDW shares are trading significantly short of their 52-week high of $52.05. Mirant Corporation (NYSE: MIR) has...
-
5 Mid-Cap Stocks with Highest 5-Y Earnings Growth Estimate (ZNH, AEM, CEA, TDW, CTCM)
Tuesday, November 10, 2009 - 12:57pm | 191Below are interesting mid-cap stocks on the NYSE and NASDAQ with the highest earnings growth estimate. China Southern Airlines Co Ltd (NYSE: ZNH) has a consensus estimate for 5-year earnings growth of 102.14%. CPY has a market capitalization of $2.18 billion. Citigroup upgraded ZNH from “sell” to “...
-
TETRA Technologies, Inc. (NYSE: TTI) Climbs after Third Quarter Results
Monday, November 9, 2009 - 12:30pm | 80TETRA Technologies, Inc. (NYSE: TTI) today reported its third quarter earnings of $0.30 per share versus $0.16 a share last year. TETRA announced consolidated revenues of $254 million for the third quarter compared to $249.1 million reported last year same period. Net Income for the period ended...
-
Energy ETF Sees Unusual Options Trade (XLE)
Friday, November 6, 2009 - 2:52pm | 91The ETF Professor has spotted some unusual options trade in the Energy Select SPDR ETF (NYSE: XLE) today with the sale of about 5,000 December 57 puts. Most of the action has been sales, indicating traders may be willing to own XLE below $57 a share. XLE is one of the more heavily traded energy...
-
Texas ETF Begins Trading: TXF
Thursday, November 5, 2009 - 8:23am | 457Following last week’s launch of an Oklahoma-focused ETF, yesterday (11/4/09) the same firm introduced its Texas version. TXF Large Companies ETF (TXF) is the second offering from OOK Advisors. Those who read my post last week about OOK will recall that I said it is essentially an energy fund in...
-
Jim Cramer Of CNBC’s Mad Money Names The Top 10 Natural Gas Stocks (CHK, XTO, APC, DVN, UPL, EQT, RRC, HAL, CLNE, FSYS)
Thursday, October 29, 2009 - 2:06pm | 276On Cnbc.com, Jim Cramer sees the increasing influence of Natural Gas because the widespread use of Solar and Wind alternative energies is still far from becoming a reality. In addition, natural Gas has 30% less carbon emission than both Oil and coal. More importantly, natural gas has the potential...
-
Biggest Losers (CDNS, FSLR, MWW, DVR, HSC)
Thursday, October 29, 2009 - 12:52pm | 265Cadence Design Systems, Inc. (NASDAQ: CDNS) plunged 6% to $6.61 huge volume of 10.47 million shares. So far this year CNDS is up over 90%. First Solar, Inc. (NASDAQ: FSLR) plummeted 16.29 to $126.88 after late Wednesday it reported third-quarter net income of $153.3 million, or $1.79 a share, up...
-
Smith International, Inc. (SII) Announces Q3 Results
Thursday, October 29, 2009 - 7:08am | 180Smith International, Inc. (NYSE: SII) announced third quarter income from continuing operations of $14.8M, or $0.07 per diluted share, excluding $7.8M of after-tax charges related to employee severance. Reported net income in the third quarter of 2009 totaled $7.0M, or $0.03 cents per diluted...