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Benzinga’s Top Pre-Market Gainers (ARMH, APWR, NVAX, ASML)
Thursday, June 10, 2010 - 9:13am | 209ARM Holdings plc (NASDAQ: ARMH) soared 14.52% to $13.41 in the pre-market session. According to Reuters, traders are again speculating that British firm ARMH, linked to the production of tablet computers, may receive a bid from Apple Inc (NASDAQ: AAPL). Wind turbine maker A-Power Energy Generation...
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Benzinga's After Hours Decliners (BG, TER)
Wednesday, June 9, 2010 - 6:09pm | 128U.S. equity markets staged a dramatic turnaround to the downside in today's trading session. After posting big gains in morning trading, the Dow turned around in the afternoon sending the index down 40.76 points to close at 9,899.25. The after hours trading session has been very quiet on the...
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US Markets Follow Europe's Gains 06-09-2010
Wednesday, June 9, 2010 - 2:38pm | 800Cusick’s Corner Yesterday’s bullish divergence was extended today and buyers appear to be coming in from the sidelines. The short-term strength of the Euro has been a decent barometer of strength in the Equity markets. Major European Bourses closed higher and the Euro is also up. US stocks...
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Watch SPX Key Support 1050 06-08-2010
Tuesday, June 8, 2010 - 4:07pm | 774Cusick’s Corner Small Caps like the RUT and bigger sectors like Financials and Energies are continuing to pullback -- longs into the Midday are looking pretty beat up. The market action can generally be described as some small buying on new lows, then the market recovers and at the end of a...
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Downside Purchased on FormFactor (FORM)
Tuesday, June 8, 2010 - 1:44pm | 131Shares of FormFactor Inc. (NASDAQ: FORM) are lower on the session by 2.22%, currently trading $11.46. The stock has been cascading lower for the better part of six months, making lower highs and lower lows. The stock is trading at fresh 52-week lows. Options traders continue to buy puts in the...
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Upside Purchased on Rubicon Technology (RBCN)
Monday, June 7, 2010 - 2:56pm | 118Shares of Rubicon Technology Inc. (NASDAQ: RBCN) are higher on the session by 3.34%, currently trading at $25.68. The stock has been a relative outperformer as of late and is still trading above the 50-day moving average. Calls are being purchased on the name today as well. The July $30 strike was...
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RBCN To Benefit From Sharp Rise In Sapphire Prices
Monday, June 7, 2010 - 10:48am | 150Analysts at Oppenheimer & Co reiterate their "outperform" rating on Rubicon Technology Inc (NASDAQ: RBCN), while raising their estimates for the company. The target price for RBCN has been raised from $30 to $34. Oppenheimer & Co is expecting sapphire prices to increase sharply in Q3....
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Top 5 Small-Cap NYSE Stocks In The Technology Sector With The Highest Sales Growth Estimate This Quarter (TCL, SOL, TER, SMI, TSL)
Monday, June 7, 2010 - 6:23am | 197Below are the top 5 small-cap technology stocks on the NYSE in terms of sales growth estimates. The sales of Tata Communications Ltd (NYSE: TCL) are expected to jump by 184.8% in the current quarter. TCL lost 49.76% over the past 52 weeks, while the S&P 500 rose 13.27% over the same period. The...
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Market Waiting On Unemployment Numbers 06-03-2010
Thursday, June 3, 2010 - 2:27pm | 832Cusick’s Corner The market is lower into the Midday, but has had a nice run hitting highs today, ESM10 1105. But, (and there is always a “but”) the volume has been light and the Euro has started to weaken, cutting $1.22, which has impacted the current trade. The light action looks to continue...
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VIX Drops 15% 06-02-2010
Wednesday, June 2, 2010 - 6:24pm | 664Cusick’s Corner The VIX dropped even more in the afternoon -- falling 15% in today as the SPX rallied and came back from yesterday’s drop (see Index Trading). The morning appeared a little shaky but in the afternoon Energies, Financials and Materials started the broader market’s push even higher...
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Market is Challenging the Downtrend 06-02-2010
Wednesday, June 2, 2010 - 3:34pm | 771Cusick’s Corner The market is challenging the downtrend, but it has been on light volume. Watch the resistance level of 1087 on the ESM10 – can be broken and challenge a downtrend line that has not been broken in the last 5 trading sessions. If there can be a late day breakout through this...
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Benzinga’s Volume Movers (ISLE, AMGN, TSRA, LAYN)
Wednesday, June 2, 2010 - 1:56pm | 202Isle of Capri Casinos Inc (NASDAQ: ISLE) shares gained 13.89% to $10.58 by 12:06 pm. The volume of ISLE shares traded was 313% higher than normal. While investors were expecting the company to post losses for 4Q, ISLE posted surprise profit for the quarter,. Amgen Inc (NASDAQ: AMGN) shares climbed...
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Calls Sold on Kulicke & Soffa (KLIC)
Wednesday, June 2, 2010 - 12:55pm | 118Shares of Kulicke & Soffa Industries Inc. (NASDAQ: KLIC) are higher on the session by 2.01%, currently trading $6.86. The stock has been drifting lower for the past two months, but appears to have found a bottom near the 200-day moving average. Calls are being sold on the name today, though....
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Calls Purchased on Kulicke & Soffa (KLIC)
Tuesday, June 1, 2010 - 2:30pm | 120Shares of Kilicke & Soffa Industries Inc. (NASDAQ: KLIC) are lower on the session by 1.72%, currently trading $6.84. The stock has been moving lower over the past seven weeks, but the stock appears to have found support near the 200-day moving average. Calls are being purchased on the name...
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Calls Purchased on Vecco Industries (VECO)
Tuesday, June 1, 2010 - 2:26pm | 129Shares of Vecco Industries Inc. (NASDAQ: VECO) are lower on the session by 0.24%, currently trading $38.08. The stock has been drifting lower for the past four weeks, but appears to have found support near the 200-day moving average. Calls are being bought on the name, betting that an upside move...