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Pre-Market Movers
Thursday, February 17, 2011 - 10:09am | 280This morning, the highly followed Consumer Price Index(CPI) was released by the Labor Department. The CPI increased by 0.4 percent in January. The Core CPI, which excludes food and energy increased by just 0.2 percent. Weekly U.S. jobless claims increased by 25,000 to 410,000. The one month weekly...
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Index Investing
Thursday, February 17, 2011 - 9:14am | 701This post is going to frame out a thought I've made before but with a little more specificity. The title of the the post is Index Investing which I am differentiating from being a mostly passive indexer. Someone who is a mostly passive indexer does not believe value can be added with stock...
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Active Screen - CANSLIM: Top 8 for February 17th
Thursday, February 17, 2011 - 8:26am | 1079It was more of the same from last week with no change in qualifying stocks as ranked by Market Cap. So we still have Free McMoran (FCX), Netflix (NFLX), Apple (AAPL), Baidu (BIDU), Research in Motion (RIMM), Cognizant Technology Solutions (CTSH), Southwestern Energy (SWN), and Intuitive Surgical (...
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Long TGB At $6.09
Wednesday, February 16, 2011 - 5:25pm | 81A rare long position for me these days. But I've been watching Taseko Mines (TGB) for a few weeks now, and it has finally reached my desired entry of $6.09, not to mention it was one of my three breakout plays that I posted earlier this morning. Here's the Chart on TGB. Read more...
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Taseko Mines Announces Capacity Increase at the Gibraltar Mine
Wednesday, February 16, 2011 - 3:23pm | 157Taseko Mines Limited (NYSE: TGB) reports that its Board of Directors has approved plans to proceed with a further capacity increase at the Gibraltar Mine. The Gibraltar Development Plan 3 (GDP3) will include the construction of a 30,000 ton per day concentrator to complement the existing 55,000...
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3 Breakout Plays For Today
Wednesday, February 16, 2011 - 1:23pm | 95No surprise with the markets today, as the slightest of sell-offs yesterday has resulted in a march to new recovery highs today. Below I've put together the three best setups for taking on this market, and being able to profit from it in the short-term. LONG: Taseko Mines (TGB) Read more...
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A Peek Into The Market Before The Trading Starts
Wednesday, February 16, 2011 - 8:55am | 544Pre-open movers US stock futures are higher this morning, as investors are awaiting producer price data and FOMC minutes. Dell Inc (NASDAQ: DELL) reported upbeat quarterly earnings. Futures on the Dow Jones Industrial Average gained 33 points to 12,235 and S&P 500 futures rose 4.30 points to 1,...
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EWallstreeter Morning Financial Newspapers Recap
Wednesday, February 16, 2011 - 8:05am | 326Sanofi-Aventis will buy Genzyme (NASDAQ: GENZ) for $20.1 billion. (Reuters) Dell (NASDAQ: DELL) beat earnings targets but investors remained concerned about future prospects amid growing competition. (Reuters) BHP Billiton (NYSE: BHP) has set aside $80 billion for expansion but does not plan to...
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Narrow Trading Range 02-15-2011
Tuesday, February 15, 2011 - 7:29pm | 926Cusick's Corner The activity was tight today, as a matter of fact from a trading perspective it was a nothing day. The weakness in Crude continued. The Small Caps also showed some weakness on the close, while the market in general held critical levels of 1324 on the SPX. One market that I have...
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S&Ps Continue to Challenge 2-Year Highs 02-15-2011
Tuesday, February 15, 2011 - 3:49pm | 932Cusick's Corner There's not much commentary to add, the market is long and there has not been a move to the upside that would be considered the pop that we have been looking for the last few weeks. We see that the S&Ps continue to challenge 2 year highs, just below a 100% retracement of the ‘...
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BHP Under Early Pressure
Tuesday, February 15, 2011 - 11:11am | 63BHP Billiton Ltd.(NYSE: BHP) is trading slightly lower this morning by $1.15 to $94.49 a share. The stock will have some minor intra-day support around the $94.20 area, however, the better intra-day support area should be around the $93.55 area. This is a spot where scalp traders can look for a...
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Top Performing Industries For February 15 (MGN, BCS, AHGP, BCA)
Tuesday, February 15, 2011 - 11:05am | 183At 10:05 am, the Dow dropped 0.33% to 12,227.51, the broader Standard & Poor's 500 index moved down 0.26% to 1,328.92 and the NASDAQ composite index fell 0.23% to 2,810.75. The industries that are still afloat in the market today are: Silver: This industry jumped 2.11% by 10:05 am. The top...
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A Peek Into The Market Before The Trading Starts
Tuesday, February 15, 2011 - 8:37am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data on retail sales and manufacturing activity in the New York area. Futures on the Dow Jones Industrial Average rose 3 points to 12,227.00 and S&P 500 futures fell 0.30 point to 1,327.40. Nasdaq 100...
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A Peek Into The Market Before The Trading Starts
Tuesday, February 15, 2011 - 8:32am | 427Pre-open movers US stock futures are mixed this morning, as investors are awaiting economic data on retail sales and manufacturing activity in the New York area. Futures on the Dow Jones Industrial Average rose 3 points to 12,227.00 and S&P 500 futures fell 0.30 point to 1,327.40. Nasdaq 100...
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Benzinga's Top ETF Decliners, February 14th (ERY, ZSL, VNM, SMN)
Monday, February 14, 2011 - 11:07pm | 203Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) closed its third consecutive trading session in the negative territory on Monday. ERY fell 6.70% in the regular trading session, but it added 0.51% in the after hours. Silver jumped above $30 on Monday, and ProShares UltraShort Silver (ETF) (...