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Earnings Preview: JPMorgan Chase Earnings Expected to Increase Over Last Quarter
Tuesday, July 12, 2011 - 7:46am | 433It is time to get ready for JPMorgan Chase (NYSE: JPM) earnings! Don't be caught off-guard: The company releases its next round of earnings this Thursday, July 14, 2011. Wondering what Wall Street is thinking ahead of JPMorgan Chase's latest earnings numbers? Get the latest predictions in our...
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Benzinga's Top ETF Decliners, July 11th (UPV, EDC, FAS, BAL)
Monday, July 11, 2011 - 7:38pm | 168ProShares Ultra MSCI Europe (NYSE: UPV) led the decliners among the ETFs on Monday, with a loss of 9.96%. UPV was hurt by debt problems in euro zone. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) lost 8.23%, and closed at $35.47 as Itau Unibanco Holding SA (ADR) (NYSE: ITUB)...
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Benzinga's Top ETF Gainers, July 11th (TVIX, EDZ, FAZ, EPV)
Monday, July 11, 2011 - 7:23pm | 202VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) spiked 17.06% today, and closed at $19.16 on Monday. TVIX traded higher today on euro zone worries. Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) traded 8.47% higher, and closed at $18.44. Itau Unibanco Holding SA (ADR) (...
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It's Getting Chop in Here 07-11-2011
Monday, July 11, 2011 - 6:28pm | 901Cusick's Corner What does an animal do when it is cornered? It gets scared, might even cower, but more times than not it fights back which could best characterize the longs that are in this market now. VIX popped this morning, +15.4%, and the longs that were recently entering the market are in...
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Stocks to Watch for Tuesday 07/12/11: Fresh 52 Week Highs and Lows
Monday, July 11, 2011 - 5:09pm | 1546Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest): 1) BioSante Pharmaceuticals (NASDAQ: BPAX...
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Blood On The Street
Monday, July 11, 2011 - 3:20pm | 221Wall Street is a sea of red as the major stock indexes are getting pummeled. The NASDAQ Composite is trading lower by over 2.0 percent, this index is leading the decline. The U.S. Dollar Index is trading sharply higher today and this is certainly helping to deflate the major stock indexes. When the...
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Political Turmoil Takes Over Market 07-11-2011
Monday, July 11, 2011 - 2:12pm | 1036Cusick's Corner Selling has been brisk this morning, especially strong after the talks broke over the weekend between the Democrats and Republicans, setting up for some serious battling as we get closer to the August date of missing a payment. The EU continues to be a thorn and early news this...
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Too Big To Fail Round-Up; More Carnage!
Monday, July 11, 2011 - 1:10pm | 320The carnage in the U.S. banking sector is continuing on Monday as traders have been dumping these names on fears about exposure to the European debt crisis. Currently, the Financial Select Sector SPDR ETF (NYSE: XLF) is down 2.30% to $15.10. In a very bad market, financials are the worst performers...
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Markets Slammed On Euro Debt Issues
Monday, July 11, 2011 - 12:42pm | 283The stock market is falling hard today. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $132.36, -2.04 (-1.52%). This massive drop in stocks is mostly due to fears over Italy. After Greece received its aid package bailout just two weeks ago, the next domino has started to fall. Spain and...
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Monday's Mid-Day Options Volume Leaders
Monday, July 11, 2011 - 12:25pm | 85Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 153,467 contracts, 64.1% calls, 35.9% puts 2. Bank of America (NYSE: BAC) 148,142 contracts, 35.0% calls, 65.0% puts 3. Citigroup Inc. (NYSE: C) 82,568 contracts, 55.3% calls, 44.7% puts 4. JP Morgan Chase (NYSE: JPM) 81...
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Market Update
Monday, July 11, 2011 - 9:44am | 149Shares of Northgate Minerals Corporation (NYSE: NXG) gained about 0.36% as the company appointed Mr. Richard J. Hall as President and Chief Executive Officer, effective July 11, 2011. Renault SA (OTC: RNSDF) reported a 1.9% rise in its worldwide vehicle sales in the first half from a year-ago...
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Dunkin' Donuts Files for IPO
Monday, July 11, 2011 - 9:17am | 430Dunkin' Brands filed with the Securities and Exchanges Commission for an IPO Monday morning, under the symbol DNKN on the Nasdaq. This international doughnut and coffee company has 9,700 stores in 31 countries. The company has more than $5 billion in annual revenues, and may be able to raise...
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American Midstream To Offer 3.75M Common Units In IPO
Monday, July 11, 2011 - 7:23am | 69American Midstream Partners LP announced its plans to offer 3.75 million common units at an expected price range of $19 to $21 per share in its upcoming initial public offering under the symbol AMID on the New York Stock Exchange (NYSE). Citi (NYSE: C) and BofA Merrill Lynch (NYSE: BAC) are the...
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Benzinga's Top ETF Gainers, July 8th (DTO, TMF, SOXS, FAZ)
Friday, July 8, 2011 - 9:56pm | 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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A Look Ahead: Next Week's ETFs To Watch
Friday, July 8, 2011 - 3:59pm | 508A dismal June jobs number put a dent, albeit small, in the recent rally delivered by stocks and that is the big headline grabber to end this holiday-shortened week, but there is more...much more. Heading into the weekend, there are fresh and ominous concerns regarding Europe's sovereign debt woes...