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Market Continues to Favor Bearish Sentiment 08-19-2010
Thursday, August 19, 2010 - 4:11pm | 1048Cusick’s Corner The Shorts that were sweating it out since the gap up are breathing a sigh of relief this Midday. The Claims data released this morning came in right at the 500K level, worse than expected and this really dampened some upbeat GDP revisions out of Germany, revised estimates from 1.9...
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Top 4 NYSE Stocks In The Gold Industry With The Highest Market Capitalization (ABX, GG, NEM, AU)
Thursday, August 19, 2010 - 4:42am | 145Below are the top gold stocks on the NYSE in terms of market capitalization. Barrick Gold Corporation (NYSE: ABX) has a market capitalization of $44.61 billion. Analysts at Deutsche Bank upgraded ABX from “hold” to “buy.” Goldcorp Incorporated (NYSE: GG) has a market capitalization of $31.39...
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Strangle Sold on Barrick Gold (ABX)
Wednesday, August 18, 2010 - 12:16pm | 150Shares of Barrick Gold Corp. (NYSE: ABX) are higher on the session by 1.99%, currently trading at $45.17. The stock has been moving largely higher over the past three weeks and is now nearing resistance at $45.00. On options traders believes that the stock will not see a large move from these...
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Stock Market News for August 17, 2010 - Market News
Tuesday, August 17, 2010 - 9:43am | 1071With the U.S. economic outlook pretty much uncertain investors wondered if it is the right time to buy stocks. However, they found little reason to pick up shares and chose to remain on the sidelines, sending trading volume to its lowest of the year. The Dow industrials failed to snap their four-...
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Zacks #1 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 17, 2010 - 8:38am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: ADTRAN, Inc (ADTN) Altera Corp (ALTR) AngloGold Ashanti Ltd (AU) Apple Inc (AAPL) AVX Corp (AVX) View the entire Zacks #1 Rank List. APPLE INC (AAPL): Free Stock Analysis Report ADTRAN INC (ADTN): Free Stock...
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 17, 2010 - 8:38am | 341Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Aircastle Ltd (AYR) AMB Property Corp (AMB) Covance Inc (CVD) McDermott International (MDR) NVR Inc (NVR) View the entire Zacks #5 Rank List. APPLE INC (AAPL): Free Stock Analysis Report ADTRAN INC (ADTN): Free...
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Top 4 Stocks In The Nonmetallic Mineral Mining Industry With The Highest Operating Margin (IPI, NGD, AHGP, CHGS)
Friday, August 13, 2010 - 5:46am | 149Below are the top nonmetallic mineral mining stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin. The trailing-twelve-month operating margin at Intrepid Potash Inc (NYSE: IPI) is 24.57%. Analysts at Soleil upgraded IPI from “sell” to “hold.” The trailing-twelve-month operating...
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Top Narrow Based Indexes For August 12 (CAGC, ANV)
Thursday, August 12, 2010 - 2:12pm | 214By 12:19 pm, the Dow Jones Industrial Average was down 43.70 points, or 0.42%, to 10,335.13, while the broader Standard & Poor's 500 index had lost 4.59 points, or 0.42%. The NASDAQ composite index fell 15.87 points, or 0.72%. Some of the narrow based indexes that are still afloat in the market...
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Top Performing Industries For August 12 (BUD, SVM, AAP, ANV)
Thursday, August 12, 2010 - 2:00pm | 227At 11:14 am, the Dow lost 0.30% to 10,347.88, the broader Standard & Poor's 500 index moved down 0.38% to 1,085.37 and the NASDAQ composite index fell 0.62% to 2,194.93. The industries that are still afloat in the market today are: Beverages-Brewers: This industry jumped 3.29% by 11:14 am. The...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, August 12, 2010 - 11:40am | 307Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: adidas AG (ADDYY) AMETEK Inc (AME) AngloGold Ashanti Ltd (AU) Applied Industrial Technologies (AIT) Chemical Financial Corp (CHFC) View the entire Zacks #1 Rank List. APPLD INDL TECH (AIT): Free Stock Analysis Report...
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Cramer Says It’s Time To Buy Gold
Thursday, August 12, 2010 - 8:47am | 242In an article on CNBC, Jim Cramer urges traders to buy gold on the back of the sell-off on Thursday. According to him, buying gold can well be your “dream come true.” According to US Global Investors, gold stocks have surged an average of 8.34% each September since 1993. Apart from gold being a...
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IAMGOLD Q2 Results Fall Short Of Expectations
Wednesday, August 11, 2010 - 9:12am | 59IAMGOLD Corp (NYSE: IAG) reports its Q2 adjusted EPS at $0.11, missing the consensus of $0.15. IAG’s Q2 revenue came in at $214 million versus the Street view of $226.08 million. IAG’s shares fell 1.06% to $17.70 in pre-market trading. Read more from Benzinga's Company news.
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Mad Money Lightning Round OT Recap (PBT, NGD, EGO, GLD, SNV, HBAN, HUN)
Tuesday, August 10, 2010 - 8:06pm | 254On CNBC's Mad Money, Jim Cramer said that investors that bought Permian Basin Royalty Trust (NYSE: PBT) on his recommendation last year should sell a half of the position. He added that dividend still looks good, but it is not wise to become greedy at this point. Permian Basin Royalty Trust (PBT)...
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Fed's Mood Altering Statement 08-10-2010
Tuesday, August 10, 2010 - 7:40pm | 783Cusick's Corner The Fed’s statement boosted the market’s mood and the market recovered more than half of the day’s earlier losses. The Fed announced that it would start investing proceeds from maturing mortgage securities (on a small scale) into government Treasury bonds, reassuring the market. The...
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Northgate Minerals Q2 Results Fall Short Of Estimates
Tuesday, August 10, 2010 - 8:20am | 58Northgate Minerals Corp (AMEX: NXG) reports its Q2 EPS at $0.01, missing the estimates of $0.03. NXG’s Q2 revenue came in at $122.7 million versus the consensus of $125.35 million. NXG’s shares gained 1.72% to close at $2.96 yesterday. Read more from Benzinga's Company news.