Martin Stephenson

About Martin Stephenson

An avid market watcher, Martin enjoys the tech arena the most with the Nasdaq being his main area of focus. A finance major, Martin is working to the goal of one day ringing the bell at the NYSE.

Stocks Trading Lower In Midday Trading: CETV, MTSN, NFX, CELL, HDY, RDN

February 22, 2012 By Leave a Comment

stock market todayCentral European Media Enterprises (NASDAQ:CETV) is down 18.12% in midday trading at $6.95. CETV has traded 1.4 million shares at midday, more than 3 times its daily average. CETV shares are tumbling today after its quarter loss widens. The company’s net loss was $77.2 million. The company has a market cap of 450.75 million.

Mattson Technology, Inc. (NASDAQ:MTSN) is down 15.36% today at $2.70. MTSN has traded 1.4 million shares so far today, above its daily average of 487 thousand shares. Mattson released its annual report earlier this morning. The company has a market cap of 157.93 million. [Read more...]

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Afternoon Movers Heading Into Close: PWAV, AA, F, MGM, CHTP, LCC

February 21, 2012 By Leave a Comment

Wall StreetPowerwave Technologies, Inc. (NASDAQ:PWAV) is up 24.84% in afternoon trading at $1.4107. PWAV is up on heavy volume today with 2.3 million shares traded, well above its daily average of 609 thousand shares traded. PWAV shares are bouncing back today after the stock fell from $1.60 to $1.10 over the past week following fourth quarter results. The company has a market cap of 43.72 million.

Alcoa Inc. (NYSE:AA) is up 2.36% today at $10.39. AA has traded 22.3 million shares so far today and trades 28.3 million shares a day on average. AA shares are up about $1 on the year. The company has a market cap of 11.07 billion. [Read more...]

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Greece Deal Fails to Rally Market In Early Trading

February 21, 2012 By Leave a Comment

Wall StreetAll signs were pointing to a rally today as EU finance ministers finalized Greece’s second bailout package late last night. It looks like the deal has been met with skepticism as investors wonder what will happen after elections in Greece this spring. Stocks have already seen a good first month and a half of 2012, we could be seeing some profit taking today as well. Right now the Dow, Nasdaq and S&P 500 are up a fraction of a percent.

Earnings continue to come out at a brisk pace this week. Home Depot, Wal-Mart, Kraft and Macy’s are just a few of the companies that have already reported today. [Read more...]

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Afternoon Movers: DMD, SGMO, FIO, ROYL, LIFE, QLIK, CSE, HDY

February 17, 2012 By Leave a Comment

Demand Media Inc. (NYSE:DMD) is up 29.63% this afternoon at $7.70. DMD has traded 2.1 million shares so far today, well above its daily average of 327 thousand shares. Demand Media posted fourth quarter results late yesterday. EPS beat analysts estimates with the company posting $0.08 per share versus Wall Street’s $0.06 per share. The company’s forecast for the first quarter is EPS of $0.05-$0.06 per share. The company has a market cap of 630.39 million.

Sangamo BioSciences, Inc. (NASDAQ:SGMO) is up 21.43% today at $5.10. SGMO has traded 858 thousand shares so far today, nearly 3 times its daily average volume. SGMO shares are up more than $2 a share since the start of the year. The company has a market cap of 264.93 million.

Fusion-io Inc. (NYSE:FIO) is up 14.08% this afternoon at $28.46. FIO has traded 11.3 million shares today, well above its daily average of 2.7 million shares. FIO shares are up more than $4 this week. The company was upgraded by The Benchmark Company on Feb 15. The company has a market cap of 2.56 billion. [Read more...]

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Active Stocks in Midday Trading: MSFT, F, C, AAPL, ORCL, ZNGA

February 16, 2012 By Leave a Comment

Stocks continue to rally in midday trading as better than expected unemployment numbers overshadowed the threat of downgrades from Moody’s. Each of the major indices are up more than 1% right now. The Dow is up 123 points, the Nasdaq is up 39 points and the S&P 500 is up 14 points.

Microsoft Corporation (NASDAQ:MSFT) is up 4.68% in midday trading at $31.45. MSFT has traded 51 million shares so far today and trades 54.8 million shares a day on average. MSFT shares are up more than $5 since December. Positive jobs data has sent nearly all stocks up today. The company has a market cap of 262.55 billion. [Read more...]

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Stocks Heading Lower This Morning: CSKI, VG, QSFT, AAWW, WSH, NBG

February 15, 2012 By Leave a Comment

China Sky One Medical, Inc. (NASDAQ:CSKI) is down 28.10% this morning. CSKI has traded 529 thousand shares so far today, up from its average of 56 thousand shares. China Sky shares are trading lower today due to CEO illness and 26 resignations. The company has a market cap of 18.63 million.

Vonage Holdings Corp. (NYSE:VG) is down 16.12% today at $2.29. VG has traded 7.1 million shares this morning, nearly 4 times its daily average. Vonage reported fourth quarter earnings this morning. EPS and revenue were in-line with estimates, but investors reacted negatively after the company said it would ramp up spending in 2012. The company has a market cap of 531.19 million. [Read more...]

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Futures Look For Direction After German Data and Downgrades. Stocks to Watch: KORS, FRO, AVP, NFLX, RAX, AAPL, ZNGA

February 14, 2012 By Leave a Comment

Investors are looking for direction today after they received two pieces of conflicting news. Moody’s went on a downgrade spree in Europe after the close yesterday, while German investor sentiment numbers improved. Currently, Dow futures are are down 3 points to 12,832. Nasdaq 100 futures are slightly in positive territory, up .25 to 2,568. The S&P 500 futures are down .75 points 1,348.25.

Domestically, the economic data calendar is full today. At 8:30am EST, retail sales numbers will be released. January import prices are due at the same time. Expectations are for an increase of .9%. Analysts are pointing towards gains in car-sales and chain-stores.

At 10am, Treasury Secretary Tim Geithner is scheduled to testify before the Senate Finance Committee regarding President’s Obama’s budget. Undoubtedly this will be a partisan circus act with the GOP looking to score political points in the run-up to the election. [Read more...]

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Morning Gainers: GNOM, MNEL, NEP, PACB, SRLS, DBD

February 13, 2012 By Leave a Comment

Stocks opened higher this morning, but have since given up some of their gains. Investors were relieved to see Greece approve austerity deal in order to get another rescue package. The situation in the Middle East is heating up today after attacks against Israeli diplomats in Georgia and India. Israel is blaming Iran and Hezbollah for the attacks. The Dow is up 48 points, the Nasdaq is up 18 points and the S&P 500 is up 6 points.

Complete Genomics, Inc. (NASDAQ:GNOM) is up 46.20% this morning at $4.78. GNOM has traded 8.7 million shares so far today, well above its daily average of 676 thousand shares. GNOM shares are up big after the Mayo Clinic selected the company to provide outsourced whole genome sequencing. The company has a market cap of 152.31 million. [Read more...]

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Early Stock Losers: TRLG, GSVC, AMD, MU, USU, FSLR

February 10, 2012 By Leave a Comment

True Religion Apparel, Inc. (NASDAQ:TRLG) is down 23.90% today at $27.96. TRLG has traded 2.5 million shares so far today, more than 10 times its daily average. TRLG shares are in a free fall after the company missed earnings expectations. Citigroup also cut its rating from buy to neutral on the stock. The company has a market cap of 699.82 million.

GSV Capital Corp. (NASDAQ:GSVC) is down 20.82% in early trading at $15.41. GSVC has traded 5.5 million shares so far today, well above its daily average of 255 thousand shares. GSVC shares are down as the company dumps more shares than expected. GSV Capital latest filing shows they will sell 6 million shares, up from the expected 3 million shares.

Advanced Micro Devices, Inc. (NYSE:AMD) is down 2.65% this morning at $7.05. AMD has traded 8.9 million shares so far today and trades 14.8 million shares a day on average. AMD shares are falling with the overall market today. The stock is up more than $1.50 on the year so far. The company has a market cap of 5.12 billion.

Micron Technology, Inc. (NASDAQ:MU) is down 1.94% today at $8.00. MU has traded 12 million shares so far today and trades 31.5 million shares on average. MU shares are down as investors worry about a possible Greek default. The company has a market cap of 7.90 billion.

USEC Inc. (NYSE:USU) is down 11.25% in early trading at $1.42. USU has traded 2.8 million shares so far today, 50% more than its daily average. USU shares are still positive for the year, but not by much. The company has a market cap of 173.22 million.

First Solar, Inc. (NASDAQ:FSLR) is down 8.25% today at $44.98. FSLR has traded 4.2 million shares so far today, above its daily average of 4.1 million shares. FSLR shares are down on news that the Department of Energy has delayed funding a $646 million federal loan for Exelon. The company has a market cap of 3.88 billion.

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Investors Shake off Greek Deal and Jobless Claims Numbers

February 9, 2012 By Leave a Comment

Stocks are trading flat heading into midday trading as investors shrug off reports of a Greek deal and a drop in jobless claims. Reports came in this morning of a possible deal out of Greece. The deal would allow the financially struggling nation to receive a second bailout package.

Closer to home, jobless claims fell 15,000 to a seasonally-adjusted 358,000 according to the Labor Department. This is the second lowest level in almost four years. Many economists had expected claims to go up 3,000. While jobless claims fell, wholesale inventories rose 1% in December. This was higher than the 0.4% gain analysts were expecting.

Earnings season continues to be busy with companies releasing earnings earlier today and a few slated for after the market close.

Pepsico, Inc. (NYSE:PEP) shares took a hit this morning after the company reported better than expected profits, but guidance saw a 5% decline in 2012 earnings. This decline comes as Pepsico increases advertising and manufacturing costs. The company also announced it will be cutting nearly 9,000 jobs in restructuring. PEP is down 3.84% right now at $64.18.

Credit Suisse Group (NYSE:CS) is seeing a sell off today after the bank posted a quarterly loss. The company reported a net loss of $698 million, analysts were expecting a profit of $471 million. This loss comes as the company took $1.07 billion of charges to speed up cost cutting and dumping of risky assets. CS is down 3.33% at $26.72.

Visa Inc. (NYSE:V) is rallying today after announcing better than expected earnings late yesterday. The company also announced a share repurchase program worth $500 million. Also, many different brokerages increased their target prices for Visa. V is up 4.28% at $112.99.

Cisco Systems, Inc. (NASDAQ:CSCO) is down slightly in midday trading despite posting better than expected results and raising their dividend. CSCO is down 0.08% at $20.4141.

Apple Inc. (NASDAQ:AAPL) share are up today as Canaccord Genuity raised their price target from $650 to $665. Apple shares are up nearly $40 a share in the past week.

Investors will be eying Activision Blizzard, Inc. (NASDAQ:ATVI) and LinkedIn Corporation (NASDAQ:LNKD) as well as other companies after the market close when they report earnings.

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Midday Movers: CZR, CALX, FFN, SGI, ONE, OPNT

February 8, 2012 By Leave a Comment

Stocks are edging lower in midday trading as a deal has still not been reached in Greece for its second bailout package. Patience is beginning to run out as investors are ready to see a solution to the European sovereign debt problem. The Dow is down 38 points right now, the Nasdaq is down 5 points and the S&P is off 2 points.

Caesars Entertainment Corporation (NASDAQ:CZR) is up 73.22% in midday trading at $15.59. Caesars IPO was today and shares opened at $9 and have quickly run up on heavy volume. CZR has traded 7.1 million shares so far today.

Calix, Inc. (NYSE:CALX) is up 26.43% today at $10.86. CALX has traded 1.7 million shares so far today, 6 times its daily average. CALX shares are up today after the company reported its fourth quarter results yesterday. Calix beat EPS estimates by $0.02 and beat revenue estimates. The company has a market cap of 515.52 million.

FriendFinder Networks Inc. (NASDAQ:FFN) is up 14.29% in midday trading at $1.68. FFN has traded 1.3 million shares so far today, well above the stock’s daily average of 400 thousand shares. FFN shares are up more than $0.50 in the past few trading days. The company has a market cap of 51.82 million.

Silicon Graphics International (NASDAQ:SGI) is down 23.24% today at $11.03. SGI has traded 6.3 million shares so far today, more than 10 times its daily average. SGI shares are tumbling on fiscal second quarter EPS missing estimates. Non-GAAP profits came in at $0.04 a share, Wall Street was expecting $0.25 a share. The company has a market cap of 347.09 million.

Higher One Holdings, Inc. (NYSE:ONE) is down 15.37% in midday trading at $15.25. ONE has traded 4 million shares today, way above its daily average of 364 thousand shares. ONE shares fall as Raymond James downgrades to the stock to marketperform from outperform. The stock missed revenue estimates in its latest quarterly results as well. The company has a market cap of 842.59 million.

Opnet Technologies Inc. (NASDAQ:OPNT) is down 14.69% today at $32.40. OPNT has traded 1.4 million shares so far today and trades 294 thousand shares a day on average. OPNT shares are down in midday trading after missing estimates on earnings. EPS was $0.23, analysts were expecting $0.26 per share. The company has a market cap of 726 million.

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Midday Movers for 2/7: MNI, SWI, SPF, BVSN, NGSX, BPAX

February 7, 2012 By Leave a Comment

Stocks have recovered from early losses today as investors continue to eye Europe and Greece specifically. Ben Bernanke is testifying before Congress right now and has reiterated his vow to protect the U.S. from Europe fallout. Whether or not he can actually follow through with his promise remains to be seen, but investors like what they are hearing. While the major indices opened the day lower, they are now rallying into positive territory. The Dow is up 31 points, the Nasdaq is up 5 points and the S&P is up 2 points.

McClatchy Company (NYSE:MNI) is up 24.55% today at $2.79. MNI has traded 2.1 million shares so far today, nearly double its daily average. MNI shares are up today thanks to positive fourth quarter results from the company. Net income rose to $42 million compared to $15.7 million a year ago. The company has a market cap of 238.28 million.

Solarwinds, Inc. (NYSE:SWI) is up 9.56% in midday trading at $36.45. SWI has traded 2.5 million shares today, more than double the stock’s daily average. Solarwinds is rallying today after fourth quarter results. Solarwinds beat estimates by $0.04 and beat on revenue. The company reported EPS of $0.29 per share and revenue rose 34.3% from last year to $55.6 million. The company has a market cap of 2.66 billion.

Standard Pacific Corp. (NYSE:SPF) is up 16.42% today at $4.71. SPF has traded 8.5 million shares so far today, 4 times its daily average. Standard Pacific is rallying today after posting strong quarter results. The ocmpany beat estimates on earnings and revenue. SPF reported net income of $15.3 million and $293.16 million in revenue. The company has a market cap of 939.17 million.

BroadVision, Inc. (NASDAQ:BVSN) is down 10.65% in midday trading at $35.25. BVSN has traded 1.5 million shares today, well above its daily average of 344 thousand shares. BVSN shares are dipping today after climbing about $20 a share since last Wednesday. The company has a market cap of 156.72 million.

NeurogesX, Inc. (NASDAQ:NGSX) is down 22.14% today at $0.8970. NGSX has traded 1.7 million shares today, 8 times its daily average. NGSX shares are down today after FDA staff says patch for HIV pain might not work. The company has a market cap of 26.42 million.

BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) is down 15.24% today at $0.89. BPAX has traded 23.2 million shares so far today, 4 times its daily average. BPAX shares are falling today after the stock rose more than $0.40 over the past week. The company has a market cap of 99.02 million.

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