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These NYSE Stocks are Falling Today: SOL, YGE, PCX, TUMI, LDK, STP

Traders at the NYSEReneSola Ltd. (NYSE:SOL) is down 8.11% this morning at $1.36. SOL has traded 470 thousand shares so far today and trades 1 million shares a day on average. SOL shares have dropped about $0.50 a share this week after the company posted a first quarter loss last Friday. The company has a market cap of 115.65 million.

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Yingli Green Energy Holding Co. Ltd. (NYSE:YGE) is down 7.50% today at $2.5911. YGE has traded 1.2 million shares so far today and trades 2.7 million shares a day on average. YGE shares have fallen nearly $1 a share in the past three days. Chinese solar stocks have been getting hit hard in recent days after the Commerce Department hits Chinese solar imports with a big tariff. The company has a market cap of 408.79 million. [Read more...]

Silver Prices Get Their Snapback Rally. Silver Stocks to Watch: SLW, HL, AGQ, SLV, PAAS, EXK, SSRI, GPL

Wall Street signAfter getting pummeled for multiple sessions, silver prices are finally starting to get their legs back under them. Also the hint of QE3 or further easing is getting the silver bulls excited once again. As the EU continues to fumble about for a solution to the growing sovereign debt contagion, most analysts expect a return to the rally heyday for both gold and silver.

Currently silver is up 67 cents to nearly $28 per ounce. Silver watches are waiting to see if it it can reclaim the $30 level and push higher out of that old range it was in before this pullback. [Read more...]

Hot Stocks to Watch: ROSG, NLST, OSUR, SINA, GALE, COGO, HUSA, THLD

Wall Street signSome positive economic data has stocks on a slight rebound today after getting pummeled in previous sessions. Housing starts inched up which is leading to guarded optimism that just maybe the long languishing housing market may start to recover.

Europe still remains the chief concern as Greece is hurtling towards new elections. Polls out of the country show the anti-bailout leftist party picking up steam while the pro-bailout parties are getting wrecked. Still a few weeks out but it looks like the Greek situation is coming to head sometime in June. And by the looks of it, the exit for Greece could be messy for the entire EU.

A current snapshot of the three major indices in the US has the Dow up 13, the Nasdaq 4 and the S&P 3. All three are well off their session highs. [Read more...]

Gold Prices Hit Year to Date Low, Gold Stocks to Watch: KGC, AUY, ABX, GG, EGO, NEM, IAG, GFI

Gold pricesGold prices hit a new low for the year as euro tumbles. News of Greek politicians not forming a new government has sent the euro down and also sent gold down below $1,560 an ounce. It’s looking more likely Greece will hold new elections this summer and early polling shows the anti bailout/austerity measures parties with the lead.

Gold is currently up from its low of $1,546.80 at $1,556.00, but still down on the day. Gold prices have fallen about $50 since last Thursday [Read more...]

After Hours Winners and Losers: GRPN, SGI, MHR, ITMN, MM, HPP

Wall Street signGroupon, Inc. (NASDAQ:GRPN) is up 12.48% in after hours trading at $13.20. GRPN closed the day up nearly 20% with around 15 million shares traded. Groupon announced first quarter results after market close today. Revenue for the first quarter came in at $559 million with EPS of $0.02 a share. Analysts were estimating $530.5 million with EPS of $0.01 per share. The company is expecting revenue for the current quarter to be between $550 million to $590 million, beating consensus of $558.7 million. The company has a market cap of 7.57 billion.

Silicon Graphics International Corp. (NASDAQ:SGI) is up 10.44% this afternoon at $6.0522. SGI closed regular trading down nearly 10% with 2.1 million shares traded. SGI shares have been in a free fall the past week, falling from $9 to the mid $5s. The company has a market cap of 175 million. [Read more...]

Hot Stocks to Watch: TIII, GRPN, HZNP, KERX, YRCW, AVP

Wall StreetEurope. Nothing conjures up more heartburn for investors than that continent these days. A trifecta of troubling news coming out of the EU this morning is sending the US markets down sharply. Rumblings of a Greek exit from the EU are reaching a fever pitch, while Spanish and Italian yields are once again on the rise.

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The cost of insuring against a Spanish default is now higher than Hungary. Couple that with Germany’s regional election over the weekend which saw Merkel’s party finish a distant second, and you can see why the trepidation over Europe is building once again.

Currently the three major domestic indices are near their session lows. The Dow is down 138, the Nasdaq 29 and the S&P 15. [Read more...]

Hot Stocks to Watch: ARNA, GV, GWAY, MDR, RPRX, KERX

investment newsThe market is getting a boost from sentiment numbers climbing to their highest point since the recession began. Falling gas prices are getting most of the credit as they are helping to offset the softening labor market. The current economic conditions index jumped to 87.3 from 82.9 in April. Consumer expectations fell to 71.7 from 72.3. This is probably attributable to the labor market woes.

This was a much needed positive jolt this morning after markets were sent reeling on the JPMorgan news that they had lost $2 billion on their hedge trades.

The major indexes are all trading higher this morning with the Dow leading the way up 48 points. The Nasdaq and S&P are also positive, each up 21 and 6 points respectively. [Read more...]

Stock Futures Steady After Six Session Losing Streak. Stocks to Watch: CSCO, AVP, ALU, TSLA, PANL, RENN, CEDC

Stock FuturesAfter a six session losing streak, stock futures are rebounding this morning on jobless claims numbers and the lack of bad headlines out of Europe. Spain’s bond pressure eased a day after they nationalized their fourth-largest lender. The country is expected to unveil a plan today that would requirement banks to shore up their capital reserves to protect against their own housing collapse.

Dow futures are currently up 43 points. Nasdaq and S&P futures are following the index higher, both up 10 and 9 points respectively.

The big economic data point for US markets today is jobless claims. Printing at 367k it is mostly in line with expectations. Last week’s number was revised up to 368k, so that accounts for the 1k drop in claims. The 4 week rolling average dropped 5k to 379k.

In Europe, the markets are stabilizing after a week of turbulent trading. Most analysts think Greece is heading for a fresh round of elections in June, as none of the parties can find enough seats to form a ruling coalition. This puts the next bailout payment in jeopardy as EU countries may be unwilling to continue their support to a country without a functioning national government.

In commodities oil prices are rebounding on the macro data. After slipping below the $00 per barrel mark, Nymex crude futures are up 33 cents to $97.14. [Read more...]

Stocks Getting Hammered as Market Trades Lower: CQB, AMRS, ES, MELI, SVNT, XOMA

Traders at the NYSEChiquita Brands International Inc. (NYSE:CQB) is down 29.68% today at $5.65. CQB has traded 1.4 million shares so far today, 5 times its daily average volume. Chiquita Brands was downgraded to hold from buy at Jefferies. This downgrade comes as the company’s profit missed on its latest earnings due to lower banana prices. The company has a market cap of 251.01 million.Sign Up For Free Alerts

Amyris, Inc. (NASDAQ:AMRS) is down 23.72% this morning at $1.93. AMRS has traded 373 thousand shares so far today and trades 529 thousand shares a day on average. AMRS shares are down today following the release of their first quarter results. Revenue for the first quarter was $29.5 million versus $37.2 million a year ago. The company has a market cap of 109.71 million. [Read more...]

NYSE Stocks Plunging with Markets: INVN, RAX, KWK, TC, KORS, RL

Traders at the NYSEInvenSense, Inc. (NYSE:INVN) is down 10.10% this morning at $12.10. INVN has traded 1.1 million shares so far today and trades 2.1 million shares a day on average. INVN have dropped 25% over the past week. The company has a market cap of 980.37 million.

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Rackspace Hosting, Inc. (NYSE:RAX) is down 12.53% in early trading at $50.57. Rackspace posted first quarter earnings late yesterday and reported revenue of $301.47 million, meeting expectations of $300 million. EPS came in at $0.17 per share, missing estimates of $0.18 per share. The company has a market cap of 6.69 billion. [Read more...]

Hot Stocks Under $5: INSM, SGOC, ASTC, IFON, KGJI, THQI, NTWK

Wall Street signFrustration at the local level finally boiled over into the political process in France and Greece over the weekend. In France, Sarkozy was ousted in favor of the socialist candidate Hollande. Greece saw their pro-bailout parties lose their ability to form a clear cut ruling majority. Greece’s outcome has more of an immediate impact in the short-term, while the French result is more of a wait and see.

Hollande ran on political promises that would lead the country away from more austerity measures in favor of more growth oriented policies. This may cause a rift with German Chancellor Merkel over the ECB rescue pacts.

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Domestically, the lack of economic data today has all eyes on Europe to see what shakes out. The Dow is currently down 57 points, the Nasdaq 10 and the S&P 4. [Read more...]

Hot Stocks to Watch: LF, SPRD, MITK, GMCR, SQNM, HLF

Wall StreetThe verdict is in. Investors are not liking the jobs report. The major indexes are all at or near session lows as the unemployment report missed expectations by a wide margin. On positive to come from it is the fact that oil prices are diving under $100 per barrel. If that trend can last it could give a boost to consumers by removing some of the pain at the pump.

Outside of the lackluster domestic numbers, two elections will be closely watched this weekend. The major one is the French presidential election with Sarkozy seemingly heading for defeat. The other is Greek parliamentary elections. Both could have consequences for the EU and ECB rescue pacts that have already been drawn up.

Currently the Dow is off 16, the Nasdaq is down 60 and the S&P is off 22. [Read more...]

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