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Benzinga's Top ETF Gainers, July 8th (DTO, TMF, SOXS, FAZ)
Friday, July 8, 2011 - 8:56pm | 172Powershares DB Crude Oil Double Short ETN (NYSE: DTO) jumped 4.75% on Friday as crude oil traded lower on bad jobs data. DTO closed at $50.95, and it had a volume of 397K traded shares. Direxion Daily 30-Year Treasury Bull 3X Shares (NYSE: TMF) gained 4.36%, and closed at $37.13. TMF had a volume...
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 4:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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Friday's Put/Call Ratio Leaders
Friday, July 8, 2011 - 12:10pm | 80Here are today's Put/Call Ratio leaders… 1. Thoratec Corp. (NASDAQ: THOR) 8,512 puts, 46 calls 2. El Paso Corp. (NYSE: EP) 6,918 puts, 157 calls 3. Lender Processing Services (NYSE: LPS) 10,567 puts, 317 calls 4. Charles Schwab Corp. (NASDAQ: SCHW) 4,486 puts, 207 calls 5. Banco Bradesco (NYSE:...
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Citi Updates 2Q Estimate On Morgan Stanley
Friday, July 8, 2011 - 8:09am | 81According to Citi, Morgan Stanley (NYSE: MS) 2Q estimate is updated. Citi said that it updates its 2Q11 EPS estimate to comply with anticipated consensus convention to reflect the $1.7 bil ($1.17/shr) charge for the 75 mil share concession offered to close the MUFG convertible preferred conversion...
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Fast Money Picks For July 8th (EPU, TGT, AAPL, GS)
Thursday, July 7, 2011 - 7:18pm | 193On CNBC's Fast Money, Tim Seymour said that he would buy iShares MSCI All Peru Capped Index Fund (NYSE: EPU) on Friday. iShares MSCI All Peru Capped Index Fund (EPU) gained 1.57% today, and closed at $38.37. Jon Najarian is bullish on Apple Inc. (NASDAQ: AAPL), and he wants to buy it tomorrow....
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Zings Of The Day July 7, 2011
Thursday, July 7, 2011 - 2:42pm | 166News Corp. (NASDAQ: NWSA) is facing new head winds to complete its purchase for British Sky Broadcasting Group PLC due to political repercussions from a scandal at its British tabloid, News of the World. News of the World, which is being shut down, supposedly hacked into the mobile-phone voice...
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Stock Markets Wait For Jobs Report
Wednesday, July 6, 2011 - 12:15pm | 237The stock market is trading flat again today as all eyes are now on the ADP Private Sector Employment Report tomorrow, and the Non Farm Payrolls Report on Friday. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $133.93, +0.12 (+0.09%). The markets are shrugging off problems in Portugal and a...
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How to Trade Goldman Sachs and GSV Capital Ahead of Today's Big Facebook Announcement
Wednesday, July 6, 2011 - 11:07am | 831There has been a ton of hype for what has been deemed an “awesome” new feature coming to Facebook this week. Whatever that feature is, the world won't have to wait much longer: the social networking giant is scheduled to make an announcement at 1:00 p.m. EDT today. The latest rumor suggests that...
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Citi Initiates Coverage On TD Ameritrade
Wednesday, July 6, 2011 - 6:33am | 191Citi Investment Research is initiating coverage on shares of TD Ameritrade Holding Corp. (NASDAQ: AMTD) with a $21 price target and a Hold rating. In a note to clients, Citi Investment Research writes, "While both AMTD and SCHW offer pronounced interest-rate-led NIM, EPS, and ROE expansion, such...
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Citigroup Initiates AMTD, SCHW At Hold
Wednesday, July 6, 2011 - 5:38am | 40Citigroup has initiated coverage on the following companies: TD Ameritrade (NASDAQ: AMTD) Hold, $21 price target The Charles Schwab Corporation (NYSE: SCHW) Hold, $18 price target
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07-05-2011 Market Commentary
Tuesday, July 5, 2011 - 7:27am | 1084By Eddie Katz Business Insider - Words can't exactly express very well the gigantic rally in the market last week. This chart from PragCap nicely emphasizes what a moonshot it was. The lesson really: The market is efficient...at making idiots of people left and right, as virtually nobody in the...
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Merger Arbitrage Mondays – July 4, 2011
Monday, July 4, 2011 - 11:33am | 4772Merger activity increased last week with four new deals announced and twelve closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 116 Total Number of...
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Merger Arbitrage Mondays – July 4, 2011
Monday, July 4, 2011 - 11:33am | 4772Merger activity increased last week with four new deals announced and twelve closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 116 Total Number of...
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Stocks Selling Below Cash per Share
Monday, July 4, 2011 - 2:11am | 448One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might...
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Stocks Selling Below Cash per Share
Monday, July 4, 2011 - 2:11am | 448One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might...