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Benzinga's Top Pre-Market NASDAQ Gainers
Wednesday, June 15, 2011 - 8:22am | 126Glu Mobile Inc (NASDAQ: GLUU) shares advanced 1.60% to $5.08 in the pre-market session. GLUU had $24.39 million in total cash and no debt for the latest quarter. ProShares UltraPro Short QQQ (NASDAQ: SQQQ) shares advanced 1.26% to $28.08 in the pre-market session. Velti plc (NASDAQ: VELT)...
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No Guts, No Glory: Highest Beta Stocks In the Market
Wednesday, June 15, 2011 - 4:13am | 607High beta stocks have large price fluctuations, and thus, have big potential for profits. On the other hand, they also have big potential for losses. Traders love stocks with high beta values since it is, in essence, a way to maximize leverage and garner higher returns. Beta is a calculation of a...
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Job Losses = Job Creation
Wednesday, June 15, 2011 - 3:41am | 1407Apple Inc. (AAPL) is considered the quintessential innovation company. After all, if you flip over an iPad or an iPhone it will clearly state, “Designed by Apple in California. Assembled in China.” Apple is just too busy innovating to worry about dirtying their hands by assembling products – they...
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Support Held - Harami Confirmed 06-14-2011
Tuesday, June 14, 2011 - 6:55pm | 948Cusick's Corner Support held. The Harami that formed on yesterday's close was confirmed and the market turned up. (You can get more info about the Harami pattern on the Educate Center > Stocks > Level 2 > Bullish Candlesticks.) Will the bullishness last? As I said earlier, shorts are getting...
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Top Narrow Based Indexes For June 14
Tuesday, June 14, 2011 - 10:40am | 186By 10:38 am, the Dow Jones Industrial Average was up 132.26 points, or 1.11%, to 12,085.23, while the broader Standard & Poor's 500 index had gained 16.75 points, or 1.32%. The NASDAQ composite index rose 39.14 points, or 1.48%. Some of the narrow based indexes that are driving the markets...
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Benchmark Upgrades Diodes to Buy
Tuesday, June 14, 2011 - 8:55am | 112Benchmark upgraded Diodes (NASDAQ: DIOD) from Hold to Buy. In a research report published today, Benchmark states, "Now that investor expectations have been reset lower, and considering the current valuation multiple, we are upgrading our rating from "Hold" to "Buy". Longer-term, we believe the...
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UPDATE: Benchmark Upgrades Diodes to Buy
Tuesday, June 14, 2011 - 8:47am | 97Benchmark is out with its report today on Diodes (NASDAQ: DIOD), upgrading DIOD from Hold to Buy. In a note to clients, Benchmark writes, "Now that investor expectations have been reset lower, and considering the current valuation multiple, we are upgrading our rating from 'Hold' to 'Buy'. Longer-...
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Benzinga's Top Upgrades
Tuesday, June 14, 2011 - 8:09am | 137FBR Capital upgraded FirstEnergy Corporation (NYSE: FE) from “market perform” to “outperform.” FirstEnergy's shares closed at $42.95 yesterday. FirstEnergy's trailing-twelve-month revenue is $13.18 billion. Analysts at Robert W. Baird upgraded Accretive Health Inc (NYSE: AH) from “neutral” to “...
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GSI Technology Comments on Cypress Semiconductor's Filing of a Complaint with the International Trade Commission
Tuesday, June 14, 2011 - 6:50am | 181GSI Technology (Nasdaq: GSIT) today noted that on June 10, 2011, Cypress Semiconductor Corporation filed a complaint against GSI with the United States International Trade Commission. As previously announced, Cypress had earlier filed a complaint against GSI in the United States District Court...
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Benchmark Upgrades Diodes To Buy, $32 PT
Tuesday, June 14, 2011 - 6:36am | 23Benchmark has upgraded Diodes (NASDAQ: DIOD) from Hold to Buy and maintains its $32 price target.
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Know Thyself 06-13-2011
Monday, June 13, 2011 - 3:07pm | 951Cusick's Corner Lately I have had a new mantra, "Be an Optimist." However, there is not much on the financial landscape that makes me feel that way, nothing. But I remind myself that emotion is the very thing trading is all about. There are strategies that play to this very mood, .i.e. bearish...
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Market Needs Spinach 06-09-2011
Monday, June 13, 2011 - 3:00pm | 863Cusick's Corner Market is trying to garner strength but there is a lot of overhead resistance. News was a mixed bag today but the market has bounced back some, plus the VIX dropped again and is trading around 17. See you After Hours. Stock market averages are rebounding from six-days of losses...
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Options Brief: Integrated Device Technology
Monday, June 13, 2011 - 1:58pm | 75Shares of Integrated Device Technology, Inc. (NASDAQ: IDTI) are lower on the session by 0.26%, trading at $7.70. Overall call volume is now running at 2.91x the daily average, with 61% of all calls traded being purchases on the offer. 1,653 contracts have traded on the session so far. Integrated...
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Puts Purchased on RF Micro Devices
Monday, June 13, 2011 - 1:38pm | 141Shares of RF Micro Devices (NASDAQ: RFMD) are lower on the session by 5.26%, currently trading at $5.40. The stock has been moving largely lower over the past four months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Options Brief: Atmel Corporation
Monday, June 13, 2011 - 10:28am | 77Shares of Atmel Corporation (NASDAQ: ATML) are lower on the session by 0.88%, trading at $13.50. Overall call volume is now running at 2.51x the daily average, with 33% of all calls traded being purchases on the offer. 5,203 contracts have traded on the session so far. Atmel Corporation is...