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Active Screen - CANSLIM: Top 8 for June 14th
Tuesday, June 14, 2011 - 6:19am | 1775Despite additional loses in the market, our top-8 of qualifying stocks remained unchanged. The following CANSLIM stock screener settings were employed: The eight stocks, as ranked by Market Cap, were Apple (AAPL), Vale S.A. (VALE), Barrick Gold (ABX), Baidu (BIDU), Cognizant Technology Solutions (...
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Stocks to Watch for 6/14/11: Fresh 52-Week Highs and Lows
Tuesday, June 14, 2011 - 3:15am | 2234The following stocks hit new 52-week highs in Monday's trading session: 1) Greif (NYSE: GEF): Shares of Greif hit a 52-week high of $67.36 in Monday's trading session. The stock closed at $67.04. The year-to-date performance of Greif has been a gain of 9%. 2) Raptor Pharmaceutical (NASDAQ: RPTP...
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Liquidity Crisis Intensifies Mining Stock Sell-off
Monday, June 13, 2011 - 8:48pm | 773Any thoughts of a bubble in precious metals is not pertinent at this time. As long as mining stocks are not in favor then any thoughts of a bubble are not applicable in the current situation. Mining stocks should be soaring in tandem with their brothers in bullion. Such is not the case. Miners...
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Energy Stocks Showing Weakness 06-13-2011
Monday, June 13, 2011 - 5:58pm | 899Cusick's Corner Let's take a look at a major sector -- most notably beaten up is Energy, Crude down $-2.19, and the Energy ETF XLE has broken support. This break is a potential signal that the part of the market that has been outperforming is now under pressure since the Saudis came in and upped...
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Benzinga's Top ETF Decliners, June 13th (AGQ, GDXJ, UCO, ERX)
Monday, June 13, 2011 - 4:12pm | 179ProShares Ultra Silver (ETF) (NYSE: AGQ) dropped 7.92%, and closed at $166.02. This was the second trading session in a row that AGQ closed lower. Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) fell 4.30% today as Allied Nevada Gold Corp. (AMEX: ANV) lost 5.22%, and Silver Standard Resources...
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Know Thyself 06-13-2011
Monday, June 13, 2011 - 2:07pm | 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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Dollar Strength Dips the Market 06-10-2011
Monday, June 13, 2011 - 2:05pm | 938Cusick's Corner This is one of those moments where one side of the market gets to sit back and think things are fat and happy - dollar up, metals and market down. This is a moment, one to respect, and now the "whys" start to pop up, .i.e. the market is down because of bad data/weak sectors like...
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Tech Lags 06-09-2011
Monday, June 13, 2011 - 2:03pm | 946Cusick's Corner As I said in the past few Corners, a bounce here is not unexpected, especially after the pounding that has been going on the last 6 sessions. What is concerning me is that Tech was the real laggard today, and some might say it is about time. But I watch offensive sectors closely,...
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Market Needs Spinach 06-09-2011
Monday, June 13, 2011 - 2:00pm | 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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Gold Reserve Comments on Recent Market Activity
Monday, June 13, 2011 - 12:16pm | 207At the request of Market Surveillance, on behalf of the Toronto Stock Exchange, Gold Reserve (NYSE: GRZ) is issuing this press release to confirm that it is not aware of any material corporate developments which would account for the recent increase in its stock price and trading volume. The...
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Monday's Put/Call Ratio Leaders
Monday, June 13, 2011 - 12:16pm | 78Here are today's Put/Call Ratio leaders… 1. Federated Investors (NYSE: FII) 3,829 puts, 60 calls 2. Yum Brands (NYSE: YUM) 14,110 puts, 230 calls 3. Novagold Resources (NYSE: NG) 75,976 puts, 1,530 calls 4. Ann Inc. (NYSE: ANN) 4,008 puts, 84 calls 5. Allscripts Healthcare Solutions (NASDAQ: MDRX...
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Mad Money Lightning Round: Cramer Likes Tiffany
Monday, June 13, 2011 - 3:27am | 200On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Tiffany & Co (NYSE: TIF) is “doing really well. I like Tiffany. If you can get it in the $60's, I think it's a buy." He said that Molycorp (NYSE: MCP) “did a big secondary. I'm not a rare earth guy. I don't buy the long-term...
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Options Brief: NovaGold Resources
Friday, June 10, 2011 - 9:29am | 81Shares of NovaGold Resources (NYSE: NG) are lower on the session by 2.10%, trading at $9.67. Overall put volume is now running at 18.13x the daily average, with 0% of all puts traded being purchases on the offer. 96,775 contracts have traded on the session so far. NovaGold Resources Inc. is a...
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Barrick Offer for Equinox-Additional Shares Acquired 36.2M Additional Shares
Friday, June 10, 2011 - 7:35am | 182Barrick Gold Corporation (NYSE: ABX) and its wholly-owned subsidiary, Barrick Canada announced today that an additional 36,221,770 common shares of Equinox Minerals Limited representing approximately 4% of the outstanding Equinox Shares on a fully diluted basis have now been taken up under the...
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Options Brief: Seabridge Gold Inc.
Thursday, June 9, 2011 - 11:48am | 87Shares of Seabridge Gold Inc. (AMEX: SA) are higher on the session by 3.57%, trading at $27.25. Overall call volume is now running at 3.26x the daily average, with 33% of all calls traded being purchases on the offer. 1,902 contracts have traded on the session so far. Seabridge Gold Inc....