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US Stocks Rebounded Yesterday To Break The Last Two Days’ Losing Streak
Thursday, June 3, 2010 - 6:20am | 272US stocks rallied today to reclaim most of the losses suffered during a two-session retreat, as investors scooped up energy stocks and other battered shares. US stocks surged yesterday, erasing most of the losses incurred during the past two trading days. Energy stocks made a comeback after being...
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VIX Drops 15% 06-02-2010
Wednesday, June 2, 2010 - 6:24pm | 664Cusick’s Corner The VIX dropped even more in the afternoon -- falling 15% in today as the SPX rallied and came back from yesterday’s drop (see Index Trading). The morning appeared a little shaky but in the afternoon Energies, Financials and Materials started the broader market’s push even higher...
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Puts Purchased on World Acceptance Corporation (WRLD)
Tuesday, June 1, 2010 - 3:09pm | 111Shares of World Acceptance Corporation (NASDAQ: WRLD) are lower on the session by 1.26%, currently trading $35.28. The stock has been drifting lower for the past three months and is now trading below the 50-day moving average. Puts are being purchased on the name today with the October $20 put...
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Fast Money Halftime Recommendations (OXY, CVX, ABT, PFE, MRK, AXP, C, BAC, JPM)
Friday, May 28, 2010 - 5:33pm | 194On CNBC's Fast Money Halftime Jim Iurio said that he is a buyer of Chevron Corporation (NYSE: CVX) and Occidental Petroleum Corporation (NYSE: OXY). He thinks that they were unfairly sold off, along with the real culprits for the oil spill. Joe Terranova said that he wants to buy health care names...
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Mad Money Lightning Round: Jim Says GIS Strong On Fundamentals
Friday, May 28, 2010 - 8:04am | 304In his "Mad Money Lightning Round" on Thursday, Jim advised investors to buy General Mills (NYSE: GIS) because the company has strong fundamentals and not because of the stock split that will take place on June 9. GIS gained 0.59% to $71.82 in after hours. Cramer said that he has finally given up...
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2010 Fund Performance Period 5
Wednesday, May 26, 2010 - 3:30pm | 4279The mutual fund is now on schedule for a late summer.early fall 2010 launch. If, after reading the blog content you might have an interest in participation, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions]...
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Monitoring Put/Call Ratio 05-24-2010
Monday, May 24, 2010 - 2:45pm | 853Cusick’s Corner What a weekend -- the Hawks are going to the Stanley Cup (huge hockey fan, but I guess I have to be with 4 kids in travel hockey), had our first 90 degree day in Chicago and during the last 20 minutes of trading on Friday, the SPX decided to pop almost 20 points. This market...
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Stock Market News for May 24, 2010 - Market News
Monday, May 24, 2010 - 9:36am | 532A late-session rally sent stocks higher on the last day of a tumultuous week, but broader concerns about Europe’s staggering debt problems and the health of the global economy kept investors worried. After their biggest plunge of the year Thursday, stocks attracted some sidelined cash and gained...
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Put Volume Grows in Sallie Mae (SLM)
Friday, May 21, 2010 - 11:44am | 142Shares of SLM Corp (NYSE: SLM) are higher on the session by 2.02%, currently trading $10.63. The stock has been selling off along with the overall market and are now trading below the 50-day and 200-day moving averages. It looks like the $10 level is support, though. Put volume is growing in the...
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Heartland Payment Systems (HPY) Settles With Mastercard (MA)
Thursday, May 20, 2010 - 10:24am | 162William Blair & Company analysts Christopher Shutler and Jeremy Frazer maintained their Market Perform rating for shares of Heartland Payment Systems Inc (NYSE: HPY). The analysts noted that Heartland Payment Systems Inc had reached a $41.4 million settlement with Mastercard Incorporated (NYSE...
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Why Investor's Should Make Friends with Fear
Thursday, May 20, 2010 - 9:05am | 2092In this post I will give some advice on why I believe investor's should become friends with fear, and explain how it can be done using stock options. I'm certain many of you already know how the markets gauge fear, but for those of you who don't, a simple way to see how fearful the markets are is...
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US Stocks Slumped Yesterday As Heat From Weakening Euro Worsened
Thursday, May 20, 2010 - 6:50am | 318US stocks finished slightly lower yesterday, led by industrials Caterpillar (NYSE: CAT), Boeing (NYSE: BA) and 3M (NYSE: MMM), as the fear of the US companies doing business in the Eurozone getting hurt by the weak euro loomed large on investors. The losses at the Standard & Poor's 500 wiped...
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Benzinga’s Volume Movers (AFFY, CATM, CBPO, QSFT)
Wednesday, May 19, 2010 - 2:07pm | 172Affymax Inc (NASDAQ: AFFY) shares gained 1.88% to $25.52 by 12:56 pm. The volume of AFFY shares traded was 168% higher than normal. AFFY posted better than expected earnings for the March quarter. Cardtronics Inc (NASDAQ: CATM) shares climbed 7.47% to $11.51 by 12:56 pm. The volume of CATM shares...
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Early Volume Plays Among Those Valued Below $10 (CCRT, MPET, WSTL, IMOS)
Wednesday, May 19, 2010 - 10:45am | 288Some of the stocks that are valued below $10 and have the potential to become one of the high volume movers in the early trading hours are: CompuCredit Holdings (NASDAQ: CCRT) may lose investors’ faith post the downgrade by Keefe Bruyette & Woods from “market perform” to “underperform.” The...
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Stock Market News for May 19, 2010 - Market News
Wednesday, May 19, 2010 - 9:33am | 506Stocks dropped sharply on Tuesday and the euro plunged to a fresh four-year low against the US dollar as Germany’s move to ban a particular type of short selling was seen as a precursor to tighter regulations. Reports that ten European countries had sent bailout money to Greece gave some boost to...