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Breadth Horrid
Friday, May 14, 2010 - 2:51pm | 367For a -2.2% day the breadth is horrific. I have multitudes of watch lists with not 1 green name (that is not an inverse ETF). Granted the Russell 2000 is -3% so the action is worse than the large caps indicate but generally you still have 5 to 10% of your stocks up, unless it's one of those -4%+...
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Inflation & Deflation Fighters 05-11-2010
Tuesday, May 11, 2010 - 2:53pm | 770Cusick’s Corner Today’s market action is precarious at best. The Euro is still down, gold at almost all-time highs, and stocks are still running to the upside. As a trader, when the market and policy action are not making much sense, one must really shore up risk and capital management. On the...
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The JetBlue $10 Ticket And The Return Of Airline Price Wars
Tuesday, May 11, 2010 - 8:40am | 166It is easy to say that JetBlue’s (NASDAQ: JBLU) $10 two-day ticket promotion is simply a gimmick to celebrate the carriers 10th anniversary, but it has dropped other fares to $44. The pricing will likely show that airlines can sell-out their seats, even if they lose money on each one. The...
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JetBlue (JBLU) To Give Away Last Minute Seats For $10
Monday, May 10, 2010 - 5:12pm | 129In a bid to boost revenues, JetBlue (NASDAQ: JBLU) has announced that it will sell last minute seats on its flights for $10. The scheme is available for all nonstop flights on Tuesday and Wednesday for 59 destinations. The airline did not comment on how many actual seats it has up for sale....
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Merger Arbitrage Mondays – May 10, 2010
Monday, May 10, 2010 - 3:23am | 4746Given the turn in the market last week and the fear of sovereign defaults, I expected deal activity to slow down or spreads to increase for existing deals. However we saw the same number of deals last week as in the week prior with 6 new deals announced and one deal that closed. As for the increase...
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Top Performing Industries For May 7 (ACH, KFT, YZC, CQP, DAL)
Friday, May 7, 2010 - 2:35pm | 278At 2:04 pm, Dow lost 87.29 points or 0.83%, to 10,427.14, while the broader Standard & Poor's 500 index fell 10.18 points or 0.90%. The Nasdaq composite index has also slipped 38.15 points or 1.64%. The industries that are helping the market keep afloat today are: Aluminum: The top gainer of...
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Top 5 Stocks In The Major Airlines Industry With The Highest Earnings Estimate (UAUA, CAL, DAL, LCC, AMR)
Thursday, May 6, 2010 - 8:01am | 168Below are the top 5 major airlines stocks in terms of earnings estimate. UAL Corporation (NASDAQ: UAUA) is expected to earn $2.18 in the September quarter. UAUA has a PEG ratio of 0.13. Continental Airlines, Inc (NASDAQ: CAL) is expected to earn $1.72 in the September quarter. CAL has a PEG ratio...
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Options Volume Surges in AMR Corp
Wednesday, May 5, 2010 - 3:02pm | 154AMR Corp (NYSE: AMR), the parent company of American Airlines, is selling off once again this afternoon, down 1.81% to $7.04. There has been a plethora of options trading in the name as well. The largest was the sale of a 23,133 contract block of Nov $12 calls; volume on that line has since grown...
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Top Performing Industries For May 5 (JOE, DAL, TJX, DDE, FDO)
Wednesday, May 5, 2010 - 1:57pm | 265At 11:55 am, Dow surged 10.50 points, or 0.10%, to 10,937.27 and the broader Standard & Poor's 500 index gained 1.42 points, or 0.12%. Meanwhile, the Nasdaq composite index has slipped -3.81 points, or 0.16%. The industries that are helping the market keep afloat today are: Real Estate...
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Delta And US Airways Directed To Sell Slots (DAL, LCC)
Wednesday, May 5, 2010 - 12:38pm | 180Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC) may appeal against a ruling by U.S. regulators. The ruling requires the airlines to surrender some of their slots in New York and Washington D.C. in order to get larger slots in the two cities. Delta (DAL) and US Airways (LCC)...
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Labor Group Seek Their Share of UAL-Continental Merger Pie (UAUA, CAL)
Tuesday, May 4, 2010 - 7:32am | 120Continental’s (NYSE: CAL) and United Airlines’ (NYSE: UAUA) labor groups have agreed to support a merger deal between the two airlines provided they get to share the merger benefits. According to The Wall Street Journal, the support of labor groups is crucial for achieving the cost-cutting targets...
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FOREX, COMMODITIES, STOCKS OUTLOOK May 4th: Analysis, Events, Trends, Trades 10:30 GMT
Tuesday, May 4, 2010 - 5:58am | 2695NB: THE FOLLOWING IS AN ABRIDGED VERSION FOR A FAST OVERVIEW OF ALL MAJOR GLOBAL STOCK, FOREX, AND COMMODITY MARKETS — FULL ANALYSIS AND CHART ILLUSTRATIONS OF RECOMMENDED TRADES GO TO http://fxmarketanalysis.wordpress.com/ AND SELECT “DAILY OUTLOOK{date}: Analysis, Events, Trends, FOR TODAY ...
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ETFs To Watch May 4, 2010 (EWA, EPI, ICF, BRF)
Tuesday, May 4, 2010 - 5:27am | 232Here is the ETF Professor's ETF Watch List for Tuesday May 4, 2010. With Indian markets looking weak overnight, take a look at the WisdomTree India Earnings ETF (NYSE: EPI). Watch the Claymore Airline ETF (NYSE: FAA) for any follow through on the Continenal (NYSE: CAL)/United (Nasdaq: UAUA) merger...
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News Summary (CAL, UAUA, CAR, DTG, HTZ, AAPL)
Monday, May 3, 2010 - 3:20pm | 227The hottest news that hit the markets today was the merger of United (NASDAQ: UAUA) and Continental (NYSE: CAL). UAUA and CAL might, however, need to put a stop to some flights to win the approval for the first proposed airline merger being reviewed by the Obama administration. A former...
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Company News for May 3, 2010 - Corporate Summary
Monday, May 3, 2010 - 2:07pm | 164• UAL (NASDAQ:UAUA) and Continental Airlines (NYSE:CAL) agreed to a merger which would form the world's largest carrier, for a total market value of $3.2 billion. The deal still has to pass regulators • The cleanup of still-stewing oil spill in the Gulf could cost as much as $14 billion • ...