MarcS

NASDAQ Stocks Dipping Today: NEI, COSI, FREE, MU, JADE

Nasdaq StocksNetwork Engines, Inc. (NASDAQ:NEI) is down 24.48% this morning at $1.08. NEI is heading lower on large volume with 793 thousand shares traded, more than 3 times its average volume. The company has a market cap of 45.96 million.

Cosi Inc. (NASDAQ:COSI) is down 13.33% today at $0.91. COSI has traded 500 thousand shares so far today, well above its daily average of 278 thousand shares. COSI announced yesterday it plans to launch a rights offering of up to 19.9% of its common stock. The company has a market cap of 47.98 million. [Read more...]

After Hours Report for April 12

Wall StreetUS stocks extended their gains into a second session as traders eyed the Fed for possible further stimulus. Loan data out of China also gave rise to the hopes of just a soft-landing for the country versus a hard. This will help the US economy deal with any recession that emerges out of Europe. Earnings season is also helping thanks to a significantly lowered bar. If you go in expecting nothing to beat, any beats are pleasant surprises.

European concerns also moderated after yields dropped across the region. Still a concern, but investors kind of shrugged off Europe in favor of earnings season and Fed hints of further stimulus. Or at the very least their accommodative monetary policies will be in place for quite a while yet.

All the major indices closed higher on the day. The Dow jumped 181, the Nasdaq 39 and the S%P 19. [Read more...]

Gold Prices Up Slightly On Data. Gold Stocks to Watch

Gold pricesAfter easing the past two days due to the Alcoa generated rally, gold prices are snapping back on a lackluster jobs report. While the labor market is still showing growth, the anemic pace will eventually be thrust to the forefront of concerns that investors have to address. The Italian bond auction also gave gold bulls some respite as 3-year borrowing costs increased.

On the equity markets you get the sense that the European and US markets have decoupled. The EU still lacks a sustainable solution for their debt issues. Noted gold bulls like Max Keiser insists that the US is living on borrowed time. If true, then when does that time run out. If we have a stellar earnings season, the prospects for QE3 become dim unless the jobs picture deteriorate. A lot of ifs out there for gold investors and that’s why you are not seeing a massive move in either direction.

The gold spot price is currently up $15 to 1,674.90 per ounce. [Read more...]

6 NYSE Stocks Bucking the Positive Trend: CSC, DANG, VMW, NAV, AOL, EQT

NYSE StocksComputer Sciences Corporation (NYSE:CSC) is down 3.73% today at $27.13. CSC has traded 2.8 million shares so far today, 1 million shares more than its daily average. CSC shares are down today after the company posted a weak fourth quarter guidance. The company has a market cap of 4.21 billion.

E-Commerce China Dangdang Inc. (NYSE:DANG) is down nearly 3% this morning at $9.88. DANG has traded 3.1 million shares so far today and trades 3.5 million shares a day on average. DANG shares have fallen more than $1 a share in the past few days. The company has a market cap of 816.85 million.

VMware, Inc. (NYSE:VMW) is down 2.50% today at $107.61. VMW has traded 3.7 million shares so far today, double its average volume. VMware announced its CFO resigned earlier today. The company has a market cap of 45.73 billion. [Read more...]

7 NYSE Stocks Falling Today: CNC, HDY, WCG, P, SWFT, DSX, TSL

Floor of the New York Stock ExchangeCentene Corp. (NYSE:CNC) is down 12.78% today at $44.31. CNC has traded 1.2 million shares so far today, double its average volume. CNC shares are falling today after they lost their Ohio Medicaid contract. The company has a market cap of 2.25 billion.

Hyperdynamics Corporation (NYSE:HDY) is down 7.80 today at $0.9493. HDY has traded 1.1 million shares so far today and trades 3.9 million shares a day on average. HDY shares have fallen about $0.40 a share in the past week. The company has a market cap of 155.67 million.

WellCare Health Plans, Inc. (NYSE:WCG) has dropped 7.15% this morning at $68.95. WCG has traded 721 thousand shares so far today, above its daily average of 671 thousand shares. WCG shares are down today after they also lost their contract for Ohio Medicaid. The company has a market cap of 2.95 billion. [Read more...]

Insiders Buying Report for April 9

Market newsOpko Health, Inc. (NYSE:OPK) jumped 1.06% at $4.75 on Thursday. OPK traded 1.1 million shares on Thursday an trades 1.7 million shares a day on average. Phillip Frost (CEO & Chairman) bought 10,000 shares at $4.70 on April 4.

First Niagara Financial Group Inc. (NASDAQ:FNFG) fell 1.51% at $9.44 on Thursday. FNFG traded 3.1 million shares on Thursday and traded 4.9 million shares a day on average. Thomas Baker (Director) bought 2,079 shares at $9.96 on April 4. [Read more...]

6 NYSE Stocks Dipping: STZ, IOC, HDY, LDK, WDC, LSI

Floor of the New York Stock ExchangeConstellation Brands Inc. (NYSE:STZ) is down 13.57% today at $21.38. STZ has traded 5.5 million shares so far today, 4 times its daily average. Constellation shares are down today after the company issued a weak forecast. The company has a market cap of 4.30 billion.

InterOil Corporation (NYSE:IOC) has dropped 9.80% this morning at $50.81. IOC has traded 1.3 million shares so far today, double its average volume. IOC shares were as low as $49.01 earlier today, but have bounced back some from there. The company has a market cap of 2.49 billion. [Read more...]

Insiders Trading Report for April 4

Traders at the NYSEThe ADP report couldn’t save stocks yesterday. European concerns that were shrugged off last week came back with a vengeance. The anemic Spanish bond auction sent the broader market reeling. The ISM services miss also did not help the cause of the bulls and sent the bears stampeding through the major indices.

While growth concerns are creeping back into the market, the focus will be on the jobs report. If labor strength continues, the US markets could end up decoupling from European markets and continue higher.

The Dow closed down 125 points yesterday. The Nasdaq and S&P 500 both closed down 45 and 14 respectively. [Read more...]

Hot Stocks to Watch: HEAT, MAGS, GMXR, DANG, PPO, AVP

Wall StreetThe street is taking hits from all sides today. The FOMC minutes yesterday. The Spanish auction today. All the ingredients for a sharp sell off and that’s what we are are seeing intraday. Just when you thought Europe was being saved you get the news; nope, still an ongoing concern. At least today we don’t have to hear about Greece. It is all about Spain and their budgetary concerns coupled with a weak bond auction.

Decliners are leading the advancers by a 6-1 margin. Current market action is decidedly to the downside. The Dow is giving up 163 points, the Nasdaq 52 and the S&P 500 17.

Not every stock is mired in the red today. There are some advancers. [Read more...]

NYSE Stocks Trading Lower Heading into Midday: IVN, QIHU, SOL, YPF, EXM, BBVA

Floor of the New York Stock ExchangeIvanhoe Mines Ltd. (NYSE:IVN) is down 8.45% in midday trading at $14.43. IVN has traded 5.4 million shares so far today, more than double its daily average. Ivanhoe sold a controlling stake in SouthGobi Resources Ltd to Aluminum Corp of China for $923 million. The company has a market cap of 10.67 billion.

Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) is down 6.40% today at $23.34. QIHU has traded 6.9 million shares so far today, well above its daily average of 1.6 million shares. Forbes said Qihoo may face a difficult first quarter audit due to financial results problems with other Chinese companies. The company has a market cap of 2.80 billion. [Read more...]

Insiders Trading Report for April 2

Wall Street signUS indices started the second quarter off on a positive note. Manufacturing data came into sharp focus, and while it was mixed, it was enough to push stocks higher. The stocks reversed after the ISM beat after being weighed down by European data and conflicting Chinese data points.

The Dow closed yesterday up over 52 points to 13,264. The Nasdaq and S&P500 both added 28 and 10 points respectively. [Read more...]

7 Active Penny Stocks To Watch for Monday

penny stocksWith penny stocks you always know what to expect. Lots of volatility and manipulation. Be it the new promo stock on the block, or the old winner that is trying to bounce off its dump, experienced traders know what they are getting when they get into the otc and otcbb markets.

On the broader market, it will all be about the test of the rally’s strength. What will the jobs report show? Earnings? The Fed? Europe. Lots of lingering concerns for a market that has just had its best quarter since the tech bubble. First up will be the jobs report which expectations have been tempered as of later. Most analysts expect a moderate increase, but below the average job creation of the past few months.

Check out http://www.pennystockstrategy.com for the latest penny stock news

[Read more...]

Real Time Web Analytics