MarcS

About MarcS

An experienced trader with a background in political science, Marc got his start as an individual trader surfing the old stock message boards. He is always on the lookout for the next big winner.

4 Hot Penny Stocks Dominating The Market – NSRS, ATRN, HRAL, ATTD

penny stocksWhile the broader market has lacked volatility, penny stocks make their living off whipsawing between positive and negative territory. The broader market has been flirting with Dow 13k all morning on the heels of a possible Greek deal. In the penny stock world, pumps and dumps continue to rule the day. Here are 5 making moves today.

North Springs Resources Corp. (OTC:NSRS) was once the darling of the penny stock promotion world. Down 12% today, the stock is reeling from its dump that started earlier this month. The stock is a cautionary tale for traders out there looking to play the penny stock promotions. Never shoot for the home-run. [Read more...]

Stocks Trading Lower Today: SCON, ARTC, RP, MDRX, ARUN, NVDA

Superconductor Technologies Inc. (NASDAQ:SCON) is down 24.09% today at $0.9489. SCON has traded 2.2 million shares today, well above its average of 91 thousand shares. Superconductor Tech announced an offering of 4.6 million million shares at $1.05 per share. The company has a market cap of 31.36 million.

ArthroCare Corporation (NASDAQ:ARTC) is down 18.95% today at $24.94. ARTC has traded 2 million shares today, 20 times its daily average volume. ArthroCare reported fourth quarter results today and missed on revenue. The company has a market cap of 685.32 million. [Read more...]

Stocks Trading Lower: HDY, ACOM, DGIT, CAR, PLX, VDSI

Stocks are trading higher this morning thanks to positive data. Unemployment benefits surprised investors as it fell again last to a near four year low, suggesting that the labor market may finally be strengthening. This positive data helped keep investors attention away from Moody’s warning that it may downgrade over 10 global and more than 100 European financial institutions. The Dow is up 77 points today, the Nasdaq is up 16 points and the S&P 500 is up 7 points.

HyperDynamics Corporation (NYSE:HDY) is down 31.26% today at $1.3885. HDY is down on heavy volume with 22.7 million shares traded today. The stock usually trades 3.4 million shares a day on average. HDY shares are down today after an exploration well drilled by the company showed low amounts of oil. The company has a market cap of 231.87 million. [Read more...]

After Hours Winners and Losers: NTAP, TSLA, GMCR, HDY, HBI, SKX

NetApp, Inc. (NASDAQ:NTAP) is up 8.05% in after hours trading at $43.09. NTAP closed the day up about 2% at $39.88 with 11.8 million shares traded. NetApp announced third quarter results after market close today. Results were in-line with estimates. The company reported revenue of $1.566 with non-GAAP profits of $0.58. Wall Street was expecting revenue of $1.56 billion with profits of $0.58 per share. For the next quarter, NetApp is expecting revenue of $1.645 billion to $1.68 billion with non-GAAP profits of $0.60 to $0.65 per share. The company has a market cap of 14.30 billion.

Tesla Motors, Inc. (NASDAQ:TSLA) is up 1.64% in after hours trading at $34.15. Tesla announced fourth quarter results a short time ago. Tesla reported a loss of $0.69 per share, analysts were expecting a loss of $0.63 per share. Revenue was $39.4 million, beating estimates of $38.45 million. Tesla is expecting fiscal year 2012 revenue of $550-$600 million, ahead of estimates of $521 million. The company has a market cap of 3.50 billion. [Read more...]

After Hours Winners and Losers: LLNW, DAL, SPF, PWAV, ZNGA, FORM

Limelight Networks, Inc. (NASDAQ:LLNW) is up 6.61% in after hours trading at $4.23. LLNW closed the day today at $3.97. Limelight recently announced fourth quarter results. The company beat EPS by $0.01 and beat estimates on revenue. The company has a market cap of 429.50 million.

Delta Air Lines Inc. (NYSE:DAL) is up 4.04% in after hours trading at $11.38. DAL closed down 1.88% today at $10.94 as the overall market was weaker most of the day. DAL traded 9.4 million shares today, slightly lower than its daily average of 11.8 million shares. The company has a market cap of 9.19 billion.

Standard Pacific Corp. (NYSE:SPF) is up 5.86% in after hours trading at $4.92. SPF traded 5.7 million shares today, double its daily average. SPF shares are up more than $1 since the start of the new year. The company has a market cap of 923.32 million. [Read more...]

Midday Movers: BAC, PFE, MU, AMD, RIMM, CLWR

Stocks are holding early gains in midday trading after Greek politicians approved more austerity measures in order to secure another bailout package from the EU. News of Israeli diplomat attacks in Georgia and India has investors on edge at the region is unstable right now. The price of oil jumped over $100 a barrel following this news. At midday, the Dow is up 64 points, the Nasdaq is up 21 points and the S&P 500 is up 7 points.

Bank of America Corporation (NYSE:BAC) is up 2.60% today at $8.28. BAC has traded 149.9 million shares so far today and trades 277.1 million shares a day on average. Bank of America is likely to see a downgrade from Moody’s due to “Eurozone weakness and elevated economic and market uncertainties.” This according to a research report published by CreditSights. BAC shares are climbing today alongside the overall market. The company has a market cap of 87.03 billion. [Read more...]

Afternoon Movers: TBAC, MOVE, LGF, AMRS, XIDE, GLUU

Stocks are set to close lower today as the Greece deal fell apart today. Protests have broken out across the country as Greeks are against any further austerity measures. The Dow is down 123 points, the Nasdaq is down 27 points and the S&P 500 is down 12 points.

Tandy Brands Accessories, Inc. (NASDAQ:TBAC) is up 86.29% today at $1.93. TBAC has traded 646 thousand shares so far today, well above its average volume of 22 thousand shares. TBAC shares are up today after reporting positive second quarter results. EPS came in at $0.39 versus $0.10 a year ago. The company has a market cap of 14.28 million.

Move, Inc. (NASDAQ:MOVE) is up 13.06% in afternoon trading at $8.57. MOVE has traded 1.7 million shares so far today, nearly 10 times its daily average. MOVE shares are up after the company beat analyst estimates on EPS for their fourth quarter. The company has a market cap of 330.71 million.

Lions Gate Entertainment Corporation (NYSE:LGF) is up 6.27% today at $11.19. LGF has traded 2.6 million shares so far today, well above its daily average of 796 thousand shares. LGF shares rise as investors look forward to the benefit of the acquisition of Summit Entertainment. The company has a market cap of 1.49 billion.

Amyris, Inc. (NASDAQ:AMRS) is down 28.78% in late trading at $6.93. AMRS has traded 1 million shares so far today, 5 times its daily average. AMRS shares are dipping today after analysts downgrade the stock. The company has a market cap of 316.14 million.

Exide Technologies (NASDAQ:XIDE) is down 24.81% today at $3.01. XIDE has traded nearly 7 million shares so far today, above its average volume of 1.1 million shares. XIDE shares are down today following the company’s third quarter results. Exide beat on EPS, but missed on revenue. The company has a market cap of 234.37 million.

Glu Mobile Inc. (NASDAQ:GLUU) is down 10.68% today at $4.10. GLUU has traded 2.3 million shares so far today, close to double its daily average. GLUU shares are pulling back a today after the stock rose about $0.80 in the past few days. The company has a market cap of 257.98 million.

Midday Movers: TSL, BAC, LNG, TRIP, AMSC, NBIX

Stocks have moved into positive territory in midday trading. Investors had little reaction to Greek news and better than expected economic data earlier. In fact, stocks were down a good part of the morning. The Dow is up 20 points, the Nasdaq is up 9 points and the S&P 500 is up 3 points.

Trina Solar Limited (NYSE:TSL) is up 24.27% today at $11.47. TSL has traded 14.6 million shares so far today, nearly 5 times its daily volume. TSL shares are up more than $3 a share over the past week. Trina Solar is expected to announce quarterly results later this month. The company has a market cap of 802.68 million.

Bank of America Corp. (NYSE:BAC) is up 1.48% in midday trading at $8.24. BAC has traded 360 million shares so far today, well above its daily average of 274 million shares. Some of the biggest banks in the U.S. including Bank of America agreed to $25 billion foreclosure settlement. BAC shares are actually down on the day after opening up at $8.31. The company has a market cap of 87.18 billion.

Cheniere Energy, Inc. (AMEX:LNG) is up 15.26% at $14.29. LNG has traded 15.4 million shares so far today and trades 5.3 million shares a day on average. LNG shares are up more than $5 in the past month. The company has a market cap of 1.15 billion.

TripAdvisor, Inc. (NASDAQ:TRIP) is down 14.94% today at $29.21. TRIP has traded 10 million shares so far today, 5 times its daily average. TRIP shares are falling today after reporting weak fourth quarter results. TripAdvisor earned $0.16 per share, analysts were expecting $0.24 per share.

American Superconductor Corporation (NASDAQ:AMSC) is down 9.20% in midday trading at $5.4750. AMSC has traded 1.5 million shares so far today, well above its daily average of 933 thousand shares. AMSC shares tumble as third quarter loss widens due to sales falling 43%. The company has a market cap of 282.04 million.

Neurocrine Biosciences, Inc. (NASDAQ:NBIX) is down 7.36% today at $8.68. NBIX has traded 1.4 million shares so far today, triple its daily average volume. NBIX shares take a dive on poor fourth quarter results. EPS was in line, but revenue missed and guidance was below consensus. The company has a market cap of 483.49 million.

Morning Gainers: CSC, BWLD, LVLT, DEXO, RL, CERN

Stocks are trading slightly higher this morning as investors hope to hear some positive news out of Greece today. EU officials have been warning Greece that they can continue on without the financially troubled nation. The Dow is currently up 8 points, the Nasdaq is up 13 points and the S&P 500 is up 3 points.

Computer Sciences Corporation (NYSE:CSC) is up 24.85% today at $33.06. CSC has traded 3.4 million shares so far today, above the 2.3 million shares a day the stock trades on average. CSC shares rise after the company appoints Mike Lawrie to President and CEO. The company has a market cap of 5.15 billion.

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) is up 12.84% this morning at $79.20. BWLD has traded 2.4 million shares so far today, well above its daily average of 473 thousand shares. BWLS shares are surging today after posting good quarterly results yesterday. The company has a market cap of 1.47 billion.

Level 3 Communications, Inc. (NYSE:LVLT) is up 12.30% today at $22.00. LVLT has traded 3.5 million shares so far today, 3 times the stock’s daily volume. Level 3 is up today after posting fourth quarter results. LVLT’s loss narrowed as the company beat estimates. The company posted a loss of $163 million from $207 million the year prior. Revenue rose to $1.58 billion. Level 3 reported an adjusted net loss of $0.62 per share, analysts were estimating $1.02 per share. The company has a market cap of 4.59 billion.

Dex One Corporation (NYSE:DEXO) is up 11.08% today at $2.0994. DEXO has traded 1.2 million shares so far today and trades 1.6 million shares a day on average. DEXO shares are up $0.40 a share over the past week. The company has a market cap of 104.99 million.

Ralph Lauren Corporation (NYSE:RL) is up 10.26% today at $173.19. RL has traded 2.5 million shares this morning, double its daily average. RL shares are up on strong earnings and outlook. Ralph Lauren posted earnings of $1.78 a share, beating estimates of $1.67 a share. The company has a market cap of 15.85 billion.

Cerner Corporation (NASDAQ:CERN) is up 12.98% this morning at $70.69. CERN has traded 1.8 million shares so far today, well above its daily average of 1.2 million shares a day. CERN shares are up thanks to strong fourth quarter results. Cerner saw profit jump 30% and earned $0.52 per share for the fourth quarter. The company has a market cap of 12.01 billion.

After Hours Winners and Losers: BWLD, OPEN, GLUU, SGI

Buffalo Wild Wings, Inc. (NASDAQ:BWLD) is trading up 15.16% in after hours at $80.95. BWLD shares are up in after hours trading following the company’s fourth quarter results. Buffalo WIld Wings posted EPS of $0.73 per share, beating Wall Street estimates of $0.67 per share. Revenue was up 34.5% in the fourth quarter at $220.5 million. The company has a market cap of 1.29 billion.

OpenTable, Inc. (NASDAQ:OPEN) is up 3.98% in after hours trading at $53.50. OPEN shares are rising late this afternoon on strong fourth quarter results. OpenTable saw revenue jump 21% to $37.2 million. Net income for the quarter was $0.29 a share. The company has a market cap of 1.22 billion.

Glu Mobile Inc. (NASDAQ:GLUU) is up 2.53% in after hours trading at $4.05. GLUU shares are rising after posting good fourth quarter results. Glu Mobile beat EPS estimates by $0.08 a share and also beat on revenue. Guidance is also on track with analysts’ estimates. The company has a market cap of 251.61 million.

Silicon Graphics International (NASDAQ:SGI) is down 24.15% in after hours trading at $10.90. SGI shares tank on poor quarterly results. Silicon Graphics missed EPS estimates by $0.22 and their guidance was also below estimates. The company has a market cap of 453.83 million.

After Hours Winners and Losers: CSTR, YUM, SPF, PMCS, SREV, VECO

Coinstar, Inc. (NASDAQ:CSTR) is up 12.84% in after hours trading at $57.10. CSTR shares are up after the company reported better than expected fourth quarter results. Revenue was up 33.2% from a year ago at $520.5 million. Profits came in at $1 per share, beating estimates of $0.64 per share. Coinstar announced earlier today, they are teaming up with Verizon to take on Netflix. The company has a market cap of 1.53 billion.

Yum! Brands, Inc. (NYSE:YUM) is up 2.53% in after hours trading at $64.78. YUM shares are rising after Yum Brands reported a jump in fourth quarter profit. The company earned $356 million or $0.75 a share. Estimates were for the company to earn $0.74 a share. The company has a market cap of 29.10 billion.

Standard Pacific Corp. (NYSE:SPF) is up 7.16% in after hours trading at $4.34. SPF shares are rising after the company announced fourth quarter results. Standard Pacific beat estimates by $0.03 and beat on revenue. The company has a market cap of 803.80 million.

PMC Sierra (NASDAQ:PMCS) is down 6.53% in after hours trading at $6.30. PMCS shares are falling because of the company’s fourth quarter results. EPS was in line with estimates, but revenue fell below analysts’ expectations. Revenue came in at $152.6 million, analysts were expecting $155.4 million. The company has a market cap of 1.56 billion.

ServiceSource International, Inc. (NASDAQ:SREV) is down 2.37% in after hours trading at $17.29. SREV beat EPS estimates by $0.04, but shares are falling after guidance came up short. The company has a market cap of 1.26 billion.

Veeco Instruments Inc. (NASDAQ:VECO) is down 4.72% in after hours trading at $25.86. VECO shares are down this afternoon on weak first quarter and fiscal year 2012 guidance. EPS beat consensus by $0.05. The company has a market cap of 1.05 billion.

Jobs Numbers See Big Jump, 243,000 Jobs Added

Job creation saw a big jump in January with 243,000 new jobs added. This helped lower the unemployment rate to 8.3%. These numbers blew away estimates of 150,000 and an unemployment rate of 8.5%. Stocks rallied on this news with the major indexes all up about 1% or more.

“What’s not to like about the report?” said Andrew Wilkinson, chief economic strategist at Miller Tabak in New York. “Not only did payrolls exceed forecasts…but between the November and December revisions employers added 160,000 more jobs than first thought.”

According to the report released this morning, the work week remained unchanged at 34.5 hours while wages rose $0.04 on average an hour to $23.39.

Labor-force participation fell last month to 63.7%, the lowest since May 1983. 1.25 million fewer people are in the workforce in December. Analysts focus on these numbers because it could mean the drop in the unemployment rate isn’t really a drop.

“Looking beyond these statistical quirks, watching the unemployment rate drop five months in a row is rare event, and our expectation is that the unemployment rate rises in the immediate-term,” said Neil Dutta, economist at Bank of America Merrill Lynch.

The primary job gains came from the service sector in January. This includes retail and the food and beverage industries. The service sector added 162,000 of the 243,000 jobs last month.

This also has political ramifications as well with this being an election year. “The pattern is definitely indicating the economy is improving,” Alan Kreuger, chairman of President Obama’s Council of Economic Advisors, told CNBC. Republicans on the other hand balked at the numbers saying the economy is still in need of repair.

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