Danny Fisher

About Danny Fisher

Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.

Nasdaq Stocks Heading Lower This Morning: ZN, AVID, AMRS, FDML, SVNT, ALXN

October 22, 2012 By Leave a Comment

Zion Oil & Gas, Inc. (NASDAQ:ZN) is down 13% this morning at $1.94. ZN has traded 308 thousand shares so far today, well above its daily average of 103 thousand shares. ZN shares are down today after Zion announced it reduced the exercise price of outstanding warrants. The company has a market cap of 56.75 million.

Avid Technology, Inc. (NASDAQ:AVID) is down 12.73% today at $7.13. AVID is trading above average volume in early trading with 210 thousand shares. AVID trades about 180 thousand shares a day on average. AVID shares are falling today after third quarter warning. The company has a market cap of 275.79 million. [Read more...]

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Earnings and Existing Home Sales Send Market Lower, Hot Stocks: RVBD, FWRD, MAN, RHI, SNDK, JRCC

October 19, 2012 By Leave a Comment

Wall Street signMultiple disappointing earnings reports send stocks down in early trading with McDonald’s and General Electric trading lower on poor earnings. McDonald’s missed on earnings, but did beat on revenue while General Electric reported earnings that met Street estimates, but revenue that fell below estimates. Existing home sales piled onto the already negative market with sales dropping 1.7% in September.

Google shares are trading slightly higher this morning after yesterday’s 8% drop on its early earnings release. Google reported earnings per share of $9.03, well below analyst estimates of $10.65.

The major stock averages are all down more than 0.5% this morning with the Dow down 103 points, the Nasdaq down 25 points and the S&P 500 down 9 points. [Read more...]

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Stocks Fall on Jobless Claims, Stocks to Watch: CYBI, OEH, BWEN, ETH, WCC, AEGR

October 18, 2012 By Leave a Comment

All three major stock averages are down this morning after weekly jobless claims jumped 46,000 to a seasonally adjusted 388,000. Last week those numbers fell dramatically, but were distorted because one large state did not post its claims numbers.

In Europe, EU leaders are preparing to meet at a summit in Brussels as they try to overcome differences over plans for a banking union. According to reports, Greece, Spain and Cyprus will not be topics discussed at the summit.

The Dow is down 3 points, the Nasdaq is down 15 points and the S&P 500 is down 2 points. [Read more...]

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Stocks Rally on Spain Optimism and Earnings Reports, Stocks to Watch: INVE, PRXI, APPY, AUO, FOSL, DPZ

October 16, 2012 By Leave a Comment

The major stock averages are posting big gains in morning trading as earnings season is in full swing. Two of biggest tech companies, IBM and Intel, are expected to announce their earnings after the closing bell today. There was also a couple of economic data reports today. Homebuilder sentiment touched a six-year high, but the upward momentum has slowed according to the National Association of Home Builders. Consumer prices rose 0.6% in September, meeting analysts’ predictions. Industrial output also went up in September to 0.4%, with analysts expecting an increase to 0.2%.

Reports from Europe continue to hint that Spain is preparing to request a bailout package. We’ve been hearing about Spain requesting a bailout for months now so I wouldn’t hold your breath for that piece of news.

The Dow is currently up 107 points, the Nasdaq is up 17 points and the S&P 500 is up 10 points. [Read more...]

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Stocks Struggle to Hold Gains This Morning, Stocks to Watch: CLWR, YONG, CUR, EDU, DNKN, AEGR

October 15, 2012 By Leave a Comment

Stocks opened higher today thanks to a gain in retail sales last month and better than expected earnings from Citigroup. Retail sales jumped 1.1% in September according to the Commerce Department. Not all economic news was good though after a measurement of manufacturing in New York fell to -6.16, the third straight month of contraction. Economists were expecting a reading of -4.55.

Citigroup saw its profit fall in the third quarter, but still posted earnings that beat expectations. The bank reported earnings of $1.06 per share and revenue of $19.4 billion. Analysts were expecting earnings of $0.96 a share with $18.71 billion in revenue.

The major stock averages are barely positive this morning with the Dow up 3 points, the Nasdaq up 2 points and the S&P 500 up 1 point. [Read more...]

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Markets Continue Their Trend of the Gap and Fade, WDAY, AEGR, LXRX, OSG

October 12, 2012 By Leave a Comment

Consumer sentiment and earnings beats were not enough to keep the major indices in the green. Tech giants like Apple continued to languish after hitting all-time highs just days ago. This is in advance of what many predict will be the launch of the iPad mini.

The lackluster performance in October so far has mostly been attributed to stocks taking a breather after the near constant hype and buildup around QE3. A more pessimistic read could be institutional investors along with retail are positioning themselves ahead of the election and the outcome of the negotiations regarding the impending fiscal cliff facing the United States.

Europe also remains an outstanding issue with no real resolution in sight. China’s data deluge also begins in earnest over the weekend, so investors want to see how much the growth engine of the country is cooling off.

Sure, so far earnings season has seen a fair share of beats, but with the expectations bar being so low, are those beats really beats in the traditional market sense? Economic data points continue to muddle the picture.One month you have a stellar jobs report, then the next it slips back. Housing continues to languish and consumers, while more upbeat, are not exactly rushing to stores or to their local realtors.

The market has turned into a game of wait and see as events unfold over the coming months. [Read more...]

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Stocks Set for Higher Open Ahead of Bank Earnings, Stocks to Watch: AMD, S, JPM, PVA, INFY, STM

October 12, 2012 By Leave a Comment

Stock futures are pushing to the upside on the back of a strong earnings report from JPMorgan. Investors are coming into Friday after a jobs number reading that was incomplete which led to the rally fizzling on Thursday. Futures across the three major indices are notching solid gains in the pre-market session.

Outside of the JPM’s earnings, most investors will be looking towards the University of Michigan’s consumer sentiment data for October, set for release at 9:55am EST.

Internationally the markets in Europe and Asia were mixed. Europe did manage to snag the Nobel Peace Prize. Maybe the panel just felt like they needed a piece of good news for once. In Asia, most investors were unwilling to place big bets ahead of the Chinese data flood expected to begin this weekend.

Commodities are essentially flat this morning with Nymex crude futures up 16 cents to $92.23 per barrel. Gold is trading slightly lower, off 40 cents per ounce. [Read more...]

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Stocks Up on Good Jobs Data, Hot Stocks: CLWR, KYTH, S, ANR, PURE, ACI

October 11, 2012 By Leave a Comment

Stocks are rallying this morning after better than expected jobless claims. Weekly jobless claims fell 30,000 to a seasonally adjusted 339,000. Most economists were expecting claims to rise to 370,000. This is the lowest level jobless claims have been at since February 2008. This report is distorted though after the Labor Department said one large state did not report their claims and that this state made up most of the decline. Expect to see a large revision to the upside next week.

The major stock averages are up between 0.3% and 0.5% in late morning trading. The Dow is up 49 points, the Nasdaq is up 16 points and the S&P 500 is up 8 points. [Read more...]

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Stocks Lower on Global Growth Concerns, Stocks to Watch: CLNT, TRLG, AUQ, OTT, YUM, AMBA

October 10, 2012 By Leave a Comment

Stocks are down again today as investors continue to worry about the euro zone and the slowing global economy. The IMF came out yesterday and urged European politicians to deepen financial ties within the euro zone to help restore confidence to the global economy. The IMF also said that European banks are likely to get rid of $2.8 trillion in assets over a two year span to help reduce their exposure.

Alcoa kicked off earnings season with a beat, but shares are down after the company’s CEO said he sees a slowdown in demand growth due to a weakening economy in Europe and China. The Dow is down 83 points right now, the Nasdaq is down 8 points and the S&P 500 is down 6 points. [Read more...]

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NYSE Stocks in the Red Today: PVA, PAY, ALU, VMW, MWW, KEP

October 9, 2012 By Leave a Comment

Penn Virginia Corporation (NYSE:PVA) is down 15.08% today at $5.5450. PVA has traded 978 thousand shares so far today, 300 thousand shares more than its daily average. Penn Virginia announced on Monday an offering of $50 million of depositary shares. The company has a market cap of 255.32 million.

VeriFone Systems, Inc. (NYSE:PAY) is down 7.59% today at $28.50. PAY has traded 4.3 million shares this morning, above its average volume of 3.2 million shares. PAY shares are dipping today on reports that Square is close to a deal to equip 1,000 New York City cabs with its credit card readers over the next year. The company has a market cap of 3.10 billion. [Read more...]

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Active Stocks in the OTC Market: TAGG, SANP, ACTC, PRTN, STKO, COWI

October 8, 2012 By Leave a Comment

Stocks continue to trade lower this afternoon as investors are wary over global economic growth and the start of earnings season this week. Alcoa will kick things off on Tuesday and analysts expect the company to break even for the quarter, down from a gain of $0.15/share in the same quarter last year.

The OTC market is home to penny stocks and today has seen a few pump and dumps attracting traders’ attention. Sometimes you will see the occasional legitimate stock in the OTC market, but for the most part manipulation rules here. [Read more...]

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Stocks Fall on Global Growth Worries, Stocks to Watch: VRNG, NFLX, KMX, NAV, QLIK, DCTH

October 8, 2012 By Leave a Comment

Stocks opened lower on Monday as investors continue to worry about the ongoing economic problems in the eurozone and concerns over economic growth in Asia. The World Bank cut their growth estimates for East Asia and said the current slowdown in China could get worse and last longer than analysts have forecasted. Volume will probably be thin today as bond markets are closed for Columbus Day.

Investors will be watching Alcoa closely Tuesday afternoon as the aluminum producer kicks off third quarter earnings season. The major stock averages are down at least 0.3% this morning with the Dow down 40 points, the Nasdaq down 21 points and the S&P 500 down 6 points. [Read more...]

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