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Top 3 Performing Small Caps Over $5 (EPIC, WPRT, VHC)
Tuesday, April 5, 2011 - 5:02pm | 653The small cap Russell raced higher last month to end what was the best first quarter in years. During that time several stocks have hit 52-week highs particularly over the past few weeks. Small caps pushed higher gain today and here are the top three small cap stocks that...
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Tech Rebalanced 04-05-2011
Tuesday, April 5, 2011 - 4:47pm | 1052Cusick's Corner This is one of those markets -- what you think you see is really not real at all, most notably is the news that the NASDAQ has decided to reweight AAPL in the index, which can explain why AAPL has had such a persistent seller. Also, in the Semis, SMH (mentioned last night) -- TXN...
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Markets Defy Gravity And Here Is The Reason
Tuesday, April 5, 2011 - 3:53pm | 510This afternoon the major stock market indexes are holding on to some small minor gains. Nothing seems to stop this market from moving higher. WTI oil is trading over $108.00 a barrel. The United States Gasoline Fund(NYSE: UGA) is trading higher again by 0.43 to $51.75 a share which is a new 52 week...
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Nasdaq Rebalancing Cuts Apple Influence
Tuesday, April 5, 2011 - 2:06pm | 124Nasdaq's late-night rebalancing of its benchmark Nasdaq-100 Index spurred volatility in Apple (NASDAQ: AAPL) shares as its weighting is slashed, and surprised U.S. fund managers who questioned the timing of the announcement. Rebalancing is not an unusual event, but the Nasdaq announced it at...
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Google And Apple Lagging Market (GOOG, AAPL)
Tuesday, April 5, 2011 - 12:26pm | 87Google (NASDAQ: GOOG) and Apple (NASDAQ: AAPL), the two most heavily owned technology stocks, are both lagging the broader market on Tuesday. Google (GOOG), in particular is getting hit hard, falling 2.66% to $572.02. Apple (NASDAQ: AAPL), is trading up 0.09% to $321.54, but spent most of the...
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Is it Time to Change Your Strategy?
Tuesday, April 5, 2011 - 10:07am | 1968Well, March was an eventful month. We had the world's third-biggest economy suffer a massive earthquake and tsunami followed by an ongoing nuclear emergency. If that was not enough, the massive unrest in the Middle East has continued to spread. NATO is bombing the Libyan Army currently. Finally...
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Don't Bite The AAPL, Eve.
Tuesday, April 5, 2011 - 9:54am | 245By Kandace, of Hedge Fund Live - With all of Apple's (AAPL) recent attention, regarding the Verizon iPhone debut, Steve Job's state of health, and the recent release of the iPad 2; you'd be sure that Apple will never become “old news.” However, I think this could change sooner than we think. I...
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Pre-Market News And Views for April 5th 2011
Tuesday, April 5, 2011 - 9:33am | 439This morning the S&P 500 e-mini futures are declining lower by 5.00 to 1324.25 per contract. The advance in the futures from the March 17, 2011 low has been nothing short of extraordinary as the futures rallied 83.0 points in less than three weeks time. Last night the People's Bank of China (...
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Baskin-Robbins Selects ParTech as Exclusive POS Solutions Provider
Tuesday, April 5, 2011 - 8:56am | 77ParTech, Inc. today announced that it has been selected by Baskin-Robbins as the exclusive provider of point-of-sale systems to the company's United States stand-alone franchise network. PAR is transforming the hospitality technology sector with its Boundless Hospitality vision that is delivered...
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NASDAQ to Rebalance Nasdaq-100 to Rely Less on Apple (AAPL)
Tuesday, April 5, 2011 - 8:15am | 958Important news out if you trade one of the most popular ETFs in the market - QQQ (Powershares QQQ). This ETF is essentially the high beta equivalent of the SPY, but for tech stocks. Apple's (AAPL) incredible ascent over the past few years has put it in a dominant position in the NASDAQ 100 - this...
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iPhone 5 Not Coming Anytime Soon? (AAPL)
Tuesday, April 5, 2011 - 8:08am | 55In a technology report released this morning, Jefferies reports that iPhone 4 parts are seeing growth in orders, “indicating that a new product launch is not imminent as Apple (NASDAQ: AAPL) would be drawing down inventories instead.” In other words, the iPhone 5 is not due for a while.
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Deutsche Bank Cuts PC Estimates, Raises iPad Estimates
Tuesday, April 5, 2011 - 7:37am | 126Deutsche Bank has issued a report cutting PC estimates but raising the estimates of Apple's (NASDAQ: AAPL) iPad. According to the report, "Following a series of checks with DB analysts in Asia and the PC supply chain we cut PC estimates on 1H weakness in consumer NBs, inventory work downs and...
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Apple Lower Today After NASDAQ-100 Index Index Reweighting (AAPL)
Tuesday, April 5, 2011 - 7:27am | 51Apple (NASDAQ: AAPL) is trading over six points lower today in pre-market trading due, in part, to a reweighting of the NASDAQ-100 Index. At last check, shares of Apple were trading 2.5% lower than yesterday's close. Previously, Apple traded over 11 points below yesterday's close.
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A Peek Into The Market Before The Trading Starts
Tuesday, April 5, 2011 - 7:25am | 369Pre-open movers US stock futures are lower this morning, as investors are awaiting the release of the minutes of the latest Federal Reserve Open Market Committee (FOMC) meeting and ISM services-sector data. Futures for the Dow Jones Industrial Average dropped 28 points to 12,309.00, while those for...
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Nasdaq to Cut Apple's Weight in Nasdaq-100 Index (AAPL)
Tuesday, April 5, 2011 - 6:02am | 97NASDAQ OMX Group said on Tuesday it will rebalance the Nasdaq-100 index, cutting the weighting of Apple (NASDAQ: AAPL) to 12.3% of the index compared with the current 20.5%. The company said that the rebalancing would be based on index securities and shares outstanding as of March 31. The effect...