Stocks are trending lower this morning as investors await the minutes from the latest Fed meeting. Investors will be keeping a close eye on any hints of another round of QE to help bolster the economy. Sign Up For Free Stock Alerts
The U.S. trade deficit narrowed to $48.7 billion in May according to the Commerce Department. This was in line with expectations. Wholesale inventories went up 0.3% in May and was also in line with expectations.
The Dow is currently down 44 points, the Nasdaq is down 7 points and the S&P 500 is down 1 point.
Hot Stocks
City Telecom HK Ltd. (NASDAQ:CTEL) is up 27.11% today at $4.97. CTEL has traded 910 thousand shares so far today, well above its daily average of 102 thousand shares. The company has a market cap of 193.66 million.
Amyris, Inc. (NASDAQ:AMRS) is up 17.01% today at $3.44. AMRS has traded 375 thousand shares so far today and trades 865 thousand shares a day on average. AMRS shares are bouncing back after the stock fell from $4.50 to $2.80 over the past couple weeks. The company has a market cap of 182.47 million.
Sunshine Heart Inc. (NASDAQ:SSH) is up 17.74% today at $15.66. SSH has traded 657 thousand shares this morning, way above its daily average of 44 thousand shares. SSH shares continue to rally today and are up more than 300% over the past five days. Last Thursday, Sunshine Heart announced it received approval to modify its ongoing study to use its next gen C-Pulse system driver. The company has a market cap of 89.01 million.
James River Coal Co. (NASDAQ:JRCC) is up 7.40% this morning at $2.32. JRCC has traded 1.3 million shares so far today and trades 2.4 million shares a day on average. JRCC shares are bouncing back today after the stock fell sharply the previous two days on PCX’s bankruptcy. The company has a market cap of 84.34 million.
VeriFone Systems, Inc. (NYSE:PAY) is up 9.59% this morning at $34.98. PAY has traded 2.2 million shares so far today and trades 3.4 million shares a day on average. PAY shares are up today after DC taxi meter contract. The company has a market cap of 3.81 billion. Sign Up For Free Stock Alerts
Yingli Green Energy Holding Co Ltd. (NYSE:YGE) is up 579 thousand shares so far today and trades 1.7 million shares a day on average. YGE shares are bouncing back today after the stock fell $0.30 a share over the previous few days. The company has a market cap of 454.49 million.
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