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Puts Purchased on Knight Capital (NITE)
Friday, May 21, 2010 - 10:47am | 121Shares of Knight Capital Group Inc. (NASDAQ: NITE) are trading higher on the session by 3.35%, currently trading $14.52. The stock has been trending lower for the better part of six months; the stock is trading below both the 50-day and 200-day moving average. Options traders are buying puts today...
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Early Volume Plays (HAUP, IRE, NM, BRCD)
Friday, May 21, 2010 - 10:47am | 281Hauppauge Digital (NASDAQ: HAUP) dropped over 6.5% to $3.07 amidst high volatility in the pre-market session. Shares of HAUP jumped 281% last week to a 52-week high of $4.85, after the world's leading developer and manufacturer of TV tuner products for personal computers launched live TV support...
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Company News for May 21, 2010 - Corporate Summary
Friday, May 21, 2010 - 10:03am | 147• Dell (NASDAQ:DELL) posted better-than-expected first quarter earnings of 30 cents, versus Zacks expectations of 27 cents, on revenues of $14.9 billion, which missed estimates of $14.3 billion • J Montgomery upgraded MasterCard (NYSE:MA) to "buy" with a $250 price target • Lazard reiterated a "buy...
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Goldman Sachs Turns Around and High Volume (GS)
Friday, May 21, 2010 - 9:55am | 87Shares of Goldman Sachs (NYSE: GS) are rallying back hard during the morning trade after the stock hit a low of $136.25 right after the opening bell. The stock is now higher on the session by 2.72%, currently trading $139.80 The stock has now broken higher, through yesterday’s trading high and has...
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Stock Market News for May 21, 2010 - Market News
Friday, May 21, 2010 - 9:39am | 595The plunge in stocks Thursday was akin to post-Lehman days of late 2008 and early 2009. Investors were concerned that Europe’s financials malaise will spread around the world and derail global economic growth. As fears swept the market, stocks took their deepest plunge in a year, falling...
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John Paulson’s Holdings Continue To Show Big Bets On Gold And The SPDR Gold ETF (NYSE:GLD)
Thursday, May 20, 2010 - 1:09pm | 250“Another famous value investor, New York-based hedge fund manager, John Paulson, who made billions by positioning his portfolios for a collapse of the US’s subprime market also seems to(...)Read the rest of John Paulson’s Holdings Continue To Show Big Bets On Gold And The SPDR Gold ETF (NYSE: GLD)...
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Company News for May 20, 2010 - Corporate Summary
Thursday, May 20, 2010 - 10:10am | 301• Staples (NASDAQ: SPLS) reported first quarter results one cent better than expected, rising to 28 cents up from 22 cents a year ago on inline revenues of $6.06 billion. The company offered full year guidance of $1.25-$1.33, with consensus views $1.33 • Sears Holdings (NASDAQ: SHLD) bested...
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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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MF Global Holdings (MF) Reports Fifth Straight Loss
Thursday, May 20, 2010 - 8:33am | 136Futures and options broker MF Global Holdings Ltd (NYSE: MF) on Thursday morning released financial results that missed Wall Street expectations. MF Global Holdings Ltd reported that it narrowed its fiscal 4th quarter net loss to $96.5 million, or 78 cents per share, from a loss of $119.3 million,...
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Top 4 Large-Cap NYSE Stocks In The Financial Sector With The Lowest PEG Ratio (CS, LYG, BSBR, MS)
Thursday, May 20, 2010 - 7:01am | 135Below are the top 4 large-cap financial stocks on the NYSE in terms of PEG ratio. Credit Suisse Group (NYSE: CS) has a PEG ratio of 0.45. CS’ trailing-twelve-month operating margins stand at 29.02%. Lloyds Banking Group plc (NYSE: LYG) has a PEG ratio of 0.56. LYG fell 41.18% over the past 52 weeks...
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Fast Money Trades For Thursday May 20th (JEF, PM, NOVL)
Wednesday, May 19, 2010 - 6:32pm | 75The Fast Money Crew offered the following trades for Thursday May 20th on today's show: Mike Khouw is a seller or longer dated puts. Guy Adami recommends going long Jeffries Group (NYSE: JEF). Karen Finerman suggests going long Philip Morris (NYSE: PM). Pete Najarian thinkd Novell (NASDAQ: NOVL) is...
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Large Banks Are The Strength Today
Wednesday, May 19, 2010 - 1:27pm | 261Today the major indexes have been up, down, and all around. This is typical trading during options expiration week. While the major market indexes are all lower on the session they have bounced sharply off the lows of the day. Believe it or not the sector that is showing some strength today is the...
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Rep. Bachus Investigating ShoreBank Bailout (GS)
Wednesday, May 19, 2010 - 1:13pm | 171Fox Business Network's Charlie Gasparino is reporting that Spencer Bachus, the ranking Republican on the House Financial Services Committee, wrote President Obama this morning asking for "all records of communication - including emails, phone logs, and meeting records - related to the ShoreBank...
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Wednesday’s Option Volume Leaders
Wednesday, May 19, 2010 - 11:34am | 128The overall market (NYSE: SPY) is selling off once again today and is currently off 14.48 points to 1,106. The index is now fast approaching its 200-day moving average, which will be a huge level to hold. Here are you Options Volume Leaders this morning… 1. Citigroup (NYSE: C) 130,296 contracts,...
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News Summary (GS, JAV, RDS.A, BP)
Wednesday, May 19, 2010 - 11:24am | 318US stocks are headed to a moderately lower opening today and the stock index futures tried to erase their early morning losses, as the worldwide markets again followed the euro, which moved-off from its 4-year low of $1.2146 and moved back up to $1.2246. Before the markets opened today, Dow Jones...