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Commercial Metals Flying On Takeover Rumors (CMC, NUE)
Monday, February 22, 2010 - 12:26pm | 120CNBC reported in its real time flash that Commercial Metals (NYSE: CMC) is up over 10.27% on significant volume. Commercial Metals is reported to be number one on the Russell 1000. The volume is more than its current 10 day average. Even the call to put ratio is huge at 20 to 1 as of right now....
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Market Futures Slightly In The Green
Monday, February 22, 2010 - 5:41am | 166The US markets are looking to open slightly higher after the Asian markets rallied last night. The Nikkei 225 was up 2.74% and the Hang Seng was up 2.43%. Today was the first day that the Chinese market was open after it celebrated its New Years. The European markets are practically unchanged. FTSE...
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Cliffs Natural Resources Hits Fork In The Road
Friday, February 19, 2010 - 3:23pm | 323Cliffs Natural Resources (NYSE: CLF) has been on a tear as of recent. The stock is up 5.6% today and that is on top of another large move in the previous day. Cliffs Natural is the company that produces iron ore pellets and supplies metallurgical coal to the steel industry in North America....
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Top Performing Industries For February 19 (BBW, X, UNFI, FNCB.OB)
Friday, February 19, 2010 - 3:10pm | 225The industries that are driving the market today are: Toy & Hobby Stores: The top gainer of the day, this industry had added 7.66% by 1:18 pm. The highest gainer within the industry was Build-A-Bear Workshop Inc (NYSE: BBW), which jumped 7.07% today after the company posted 4.5% growth in...
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Options Expiration Week Could Be Bumpy
Thursday, February 18, 2010 - 4:30pm | 314This week is a holiday shortened trading week and also options expiration on Friday February 19th. During this week it is common to see a lot of whips in the market ahead of options expiration on Friday. Often the stocks that have traded higher in the beginning of the week will reverse lower by the...
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Benzinga's Intraday Sector Update
Thursday, February 18, 2010 - 11:22am | 208The early market sectors that are leading this market higher include: Conglomerates, Basic Materials, and Capital Goods. The market move feeds into my call yesterday that the market was taking a breather and that the higher beta names may run higher today. It is still early today, and as the oil...
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Raser Technologies Inc.(RZ) Moves Out Of Symmetrical Triangle Pattern
Wednesday, February 17, 2010 - 1:55pm | 128Raser Technologies Inc. (NYSE: RZ) rallied 18% to $1.13, after starting with a gap-up opening on Wednesday. Raser Technologies Inc. (RZ), a designer of electric motors for power generation said it won a $33 million renewable energy grant from the U.S. Treasury. The small-cap Raser Technologies Inc...
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PKX Initiated With Buy
Wednesday, February 17, 2010 - 12:06pm | 40Analysts at BNP Paribas initiate coverage of Posco (NYSE: PKX) with a "buy" rating. PKX’s share closed at $119.74 yesterday. More Analyst Ratings here
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Disguised Net-Nets
Wednesday, February 17, 2010 - 7:19am | 548All value investors are familiar with the fact that stocks that trade at discounts to their net current assets tend to outperform the market. However, companies have substantial leeway when it comes to creating their financial statements, which can make it difficult for investors scanning...
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Top Performing Industries For February 17 (EXK, GPC, FOSL, CPSL)
Tuesday, February 16, 2010 - 4:18pm | 292Stocks have been gaining ground over the past four weeks following assurances from the various heads of Eurozone of a possible aid to Greece in managing its high sovereign debt. After touching their lows at the beginning of the month, stocks have recovered slightly. At 1:57 p.m., Dow had gained 116...
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AK Steel (AKS) And United States Steel Corporation (X) Share Prices Rise On News Of Hike In Prices
Tuesday, February 16, 2010 - 2:38pm | 109In morning trading on the New York Stock Exchange, AK Steel (NYSE: AKS) rose 6.8% to $23.16, and United States Steel Corporation (NYSE: X) increased 6% to $50.88, whereas the Dow Jones Steel Index rose 4.25%. Markets reacted favorably to reports that AK Steel was increasing spot market base prices...
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The Only Chart That Matters
Tuesday, February 16, 2010 - 2:26pm | 494Source: http://inthemoneystocks.com/n_rant_and_rave_blog.php Every trader and investor is talking about a correction or a small pullback in the market. Since the January top in the major indexes the markets have pulled back about 8 percent into the February 5th low. Now many traders and investors...
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US Steel Corp. (X) Scales Above 20 Day MA And 50 Day MA
Tuesday, February 16, 2010 - 1:17pm | 147Steel companies and mining companies for steel raw materials were in demand on Wall Street by mid-day trading on Tuesday on expectations that more consolidation may follow in steel sector and mining sector catering to steel producers in the times ahead. AK Steel (NYSE: AKS) rose the most in the S...
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Intraday Update
Tuesday, February 16, 2010 - 12:19pm | 171The S&P 500 is up over 10 points, which places a gain of nearly 1% on the index. All sectors in the S&P are currently in the green, but a few sectors are outperforming the average. Basic materials, energy and industrials are leading this market higher. Movers in the basic material sector...
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Inside: Market Mental Asylum (NYSE:FCX), (NYSE:NEM), (NYSE:X), (NYSE:XOM), (NYSE:JTX), (NASDAQ:BIDU)
Sunday, February 14, 2010 - 6:13pm | 1942This article is meant to be a compilation of market ideas, data, analysis and guidance. It comes from a Chief Market Strategist who considers his mind to be somewhat of a market mental asylum with crazy ideas, thoughts and knowledge all thrown together. Enjoy the journey! The Federal Reserve Slowly...