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Monday's Mid-Day Options Volume Leaders
Monday, July 18, 2011 - 12:25pm | 83Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 298,362 contracts, 60.0% calls, 40.0% puts 2. Apple Inc. (NASDAQ: AAPL) 205,298 contracts, 67.5% calls, 32.5% puts 3. Citigroup Inc. (NYSE: C) 98,784 contracts, 77.6% calls, 22.4% puts 4. JP Morgan (NYSE: JPM) 65,567...
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BS Stress Test: Jitters In Europe Spike Dollar, Drop Market
Monday, July 18, 2011 - 11:36am | 267The U.S. markets collapsed lower today on the back of more worries out of Europe. The much hyped stress test results for European banks were nothing more than nonsense, spewed by those that are trying to cover up the severity of the situation. The results, released last Friday did not included a...
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The Debt Dominoes Are Starting To Fall, But No One Cares Just Yet
Monday, July 18, 2011 - 11:13am | 784Over the weekend, a ratings agency downgraded U.S. government debt. Fortunately or unfortunately, depending upon your perspective, no one cares what Egan-Jones has to think. The independent ratings agency run by Sean Egan downgraded the US from AAA to AA+ over the weekend. In the release, Egan-...
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Options Brief: Teradata
Monday, July 18, 2011 - 10:44am | 65Shares of Teradata (NYSE: TDC) are lower on the session by 1.32%, trading at $57.01. Overall put volume is now running at 4.95x the daily average, with 54% of all puts traded being purchases on the offer. 5,727 contracts have traded on the session so far. Teradata Corporation is a provider of...
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Still Weak but Danger on Both Sides
Monday, July 18, 2011 - 10:22am | 469As I mentioned Friday the action was not too impressive, considering the normal 'beats' plus the Google outperform on the earnings front. While technical analysis loses some of its mojo when headlines are thrashing the market around, we can see the S&P 500 has firmly broken both the 50 and 20...
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NASDAQ Stocks Hitting 52-Week Highs
Monday, July 18, 2011 - 10:20am | 134Wynn Resorts Limited (NASDAQ: WYNN) shares rose 0.94% to create a new 52-week high of $164.15. WYNN is all set to report its Q2 earnings after the closing bell. Apple Inc (NASDAQ: AAPL) shares gained 1.03% to create a new 52-week high of $368.67. Apple is scheduled to report its quarterly earnings...
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Top Performing Industries For July 18
Monday, July 18, 2011 - 10:13am | 174At 10:10 am, the Dow fell 1.17% to 12,333.96, the broader Standard & Poor's 500 index moved down 0.99% to 1,303.08 and the NASDAQ composite index dropped 1.05% to 2,760.50. The industries that are still afloat in the market today are: Silver: This industry jumped 2.29% by 10:10 am. The top...
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Nearly Half of Smartphone Buyers Want an iPhone 4
Monday, July 18, 2011 - 10:04am | 221Google (NASDAQ: GOOG) has many things to brag about these days, but smartphone desirability isn't one of them. ChangeWave Research reports that as of June 2011, 46% of prospective smartphone buyers want the device that Apple (NASDAQ: AAPL) is manufacturing. This shouldn't come as too big of a...
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J.P. Morgan Suggests Buying Calls on Apple
Monday, July 18, 2011 - 9:45am | 171J.P. Morgan is out with a research note this morning, where it suggests that traders buy calls on Apple (NASDAQ: AAPL) ahead of earnings. J.P. Morgan's IT Hardware Equity Analyst Mark Moskowitz published a fundamental report on Apple on 14 July 2011. The report states: “We reiterate our...
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Apple Finally Catches Up to iPad 2 Demand, Tablet Now Shipping in 1-3 Days
Monday, July 18, 2011 - 9:24am | 203If the high demand for Apple's (NASDAQ: AAPL) iPad 2 has kept you from acquiring the device, some good news arrived this weekend. AppleInsider reports that the world's most popular tablet now ships in just one to three business days. That's a huge improvement over the one to two week shipping...
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Rodman & Renshaw Comments on Apple
Monday, July 18, 2011 - 9:05am | 101Rodman and Renshaw has published a report on Apple (NASDAQ: AAPL). In the report, Rodman and Renshaw wrote, "With a paucity of patents, only 600 at last count against Apple's 4,000 and Microsoft's 17,000, Google (GOOG, Not Rated) is on the defensive. It is not in a position to indemnify any of the...
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Apple Hits New 52-Week High of $365.67
Monday, July 18, 2011 - 8:12am | 75Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Apple (NASDAQ: AAPL) are hitting new 52-week highs. Traders...
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Benzinga's Top Pre-Market Losers
Monday, July 18, 2011 - 8:06am | 113Abbott Laboratories (NYSE: ABT) dipped 5.34% to $50.21 in the pre-market session. ABT is scheduled to report its quarterly results on July 20. News Corporation (NASDAQ: NWSA) dropped 4.16% to $14.99 in the pre-market trading. UK police arrested NWSA's former CEO Rebekah Brooks. Hewlett-Packard...
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Benzinga's Top Pre-Market Gainers
Monday, July 18, 2011 - 7:54am | 112Newmont Mining Corporation (NYSE: NEM) shares advanced 0.84% to $57.86 in the pre-market session. NEM's trailing-twelve-month operating margin is 43.71%. EOG Resources Inc (NYSE: EOG) shares advanced 0.41% to $101.60 in the pre-market session. Analysts at FBR Capital upgraded EOG Resources from “...
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US Stock Futures Signal Lower Start On Wall Street; IBM Earnings In Focus
Monday, July 18, 2011 - 6:10am | 285US stock futures are lower this morning, as investors are awaiting quarterly earnings from International Business Machines Corp (NYSE: IBM). Futures on the Dow Jones Industrial Average dropped 67 points to 12,385.00 and futures on the S&P 500 stock index fell 7.10 points to 1,307.40. Nasdaq 100...