NASDAQ:CSIQ

Stocks Finish Flat and After Hours Movers

Image of the NasdaqStocks finished mostly flat today as investors took the opportunity to lock in some profits following news of a deal for Greece’s second bailout package. EU finance ministers finished a 130 billion euro for Greece. Private bondholders agreed to take a greater loss and the government in Greece agreed to deeper cuts. There is a lot of skepticism going around though as investors wonder how long before Greece is a problem again.

Oil prices continue to rise as well which can have even greater implications such as slowing down the U.S. economic recovery. Oil closed at $105.50 a barrel today as investors eye developments in Iran.

In after hours trading, Dell and Chesapeake Energy are in the spotlight after releasing earnings. [Read more...]

Early Winners: BCOV, CTIC, SPWR, CSIQ, OPWV, FSLR

Stocks are mixed today as investors pause after yesterday’s rally. Optimism over the Greece situation is helping the Dow stay positive this morning. Consumer prices increased in January by 0.2%, the biggest gain in four months. This was below economists estimates, who were expecting a 0.3% increase. In early trading the Dow is up 25 points, the Nasdaq is down 6 points and the S&P 500 is up 1 point.

Brightcove Inc. (NASDAQ:BCOV) is up 37.27% today at $15.10. BCOV has traded 2.6 million shares so far today. Brightcove shares opened 32% higher than its IPO price of $11 today. The company was valued at $382.8 million at its open price. One of Brightcove’s biggest shareholders includes Accel Partners which also holds an 11% stake in Facebook. [Read more...]

Midday Movers As Market Close To Being Negative: CSIQ, GENE, MLNX, MNTA, MWW, LOGI

Stocks have given up much of their early gains from this morning after an unexpected decline in new home sales. The market is turning sharply lower thanks to the Feds decision to hold interest rates near zero for the next two years and better than expected earnings from companies. Right now the Dow is up just 5 points, the Nasdaq is down 9 points and the S&P 500 is down 5 points.

Canadian Solar Inc. (NASDAQ:CSIQ) is up 11.64% in midday trading at $3.55. CSIQ shares are bouncing today after a module deal with Abu Dhabi Firm. CSIQ has traded 1.5 million shares so far today, 50% more than its daily average. The company has a market cap of 154.49 million. Check out one of the best swing traders on the street.

Genetic Technologies Ltd. (NASDAQ:GENE) is up 8.56% today at $4.68. GENE has traded 461 thousand shares today, way above its daily average of 43 thousand shares. Over the past two days GENE has seen a huge increase in volume and price. In the past two days the stock has jumped $1.40 a share. The company has a market cap of 63.63 million.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) is up 15.47% today at $35.98. MLNX has traded 1.3 million shares so far today, more than five times its daily average. MLNX shares are up today after the company reported earnings yesterday. Mellanox beat estimates on revenue with $72.7 million and earnings per share with $0.31. The company has a market cap of 1.41 billion.

Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) is down 20.36% today at $15.22. MNTA has traded 6 million shares at midday, more than six times its daily average. MNTA shares dropped today after Amphastar wins stay in Lovenox case. The company has a market cap of 763.25 million. Check out one of the best swing traders on the street.

Monster Worldwide, Inc. (NYSE:MWW) is down 20.49% in midday trading at $7.13. MWW has traded 6.6 million shares so far today, well above its daily average of 3.4 million shares a day on average. MWW shares are down after reporting fourth quarter earnings. Monster missed EPS by $0.01, missed revenue and announced it will be cutting 400 jobs. The company has a market cap of 899.63 million.

Logitech International (NASDAQ:LOGI) is down 12.47% today at $7.16. LOGI shares are dipping today after missing on its fiscal third quarter results by $0.03. It also missed on revenue and lowered fiscal year 2012 revenue guidance. LOGI has traded 1.1 million shares so far today, double its daily average. The company has a market cap of 1.24 billion.

Solar Stocks Rallying In Midday Trading: HSOL, JKS, SOL, JASO, CSIQ

Solar stocks are jumping today following news that panel prices are stabilizing and demand in Italy and the U.S. is increasing. Many solar companies took a big hit last year as prices of solar panels fell dramatically and cut into companies profits management.

Hanwha SolarOne Co., Ltd (NASDAQ:HSOL) is up 41.60% in midday trading at $1.77. HSOL has traded 2.6 million shares so far today, three times its average volume. HSOL shares are up more than $0.70 in the past few days. The company has a market cap of 159.50 million.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) is up 37.04% today at $7.14. JKS has traded 1.9 million shares so far today, four times its daily volume. JKS shares have jumped more than $2 a share since last week. The company has a market cap of 162.28 million.

ReneSola Ltd. (NYSE:SOL) is up 27.91% today at $2.20. SOL has traded 4.6 million shares today, well above its daily average of 1.5 million shares. The company has a market cap of 196.03 million.

JA Solar Holdings Co. Ltd (NASDAQ:JASO) is up 27.08% today at $1.83. JASO is up on heavy volume today with 10.1 million shares traded. The stock trades 3.8 million shares a day on average. The company has a market cap of 298.03 million.

Canadian Solar Inc. (NASDAQ:CSIQ) is up 14.52% in midday trading at $3.55. CSIQ has traded 2.8 million shares so far today, nearly 3 times its daily average. CSIQ shares are up nearly $0.80 in the past week. The company has a market cap of 154.49 million.

Stock Futures Strong on Italian Debt Auction. Stocks to Watch: AAPL, CSIQ, GOLD, ARMH, SNY, BAC

US futures were following news out of Europe this morning with Dow futures adding 23 points to 12,242. Nasdaq futures are also climbing, up 5.75 to 2,290. The S&P is rounding out the pre-market gains, up a modest 2.50 to 1,262.75.

All eyes are fixated on Europe this morning after short-term borrowing costs fell sharply in Italy. Their 6-month bond auction was deemed a success with yields dropping substantially. The two-year auction also saw strong interest. This could be a sign of the sovereign debt crisis easing in the EU, or it could be an outlier in what could be a another difficult year in 2012.

Economic data points from yesterday are helping to underpin equity movements. Consumer confidence numbers blew past expectations and buoyed hopes that the US would avoid a double dip recession in 2012.

Today’s data release schedule is sparse as investors gear up for the deluge of data set for release on Thursday. Jobless claim numbers, November housing and purchasing index out of Chicago are all slated for a Thursday AM release. Maximize Your Trades With Profitly

Asian markets were mostly lower overnight, though China did rebound off a 33-month low set in the previous trading session. There is increasing concern that the country is heading for a hard landing due to their cutbacks in infrastructure spending and overheating housing markets.

Europe is having a green day with the banking-heavy Stoxx 600 up half a percent. The FTSE MIB Italy Index is leading the charge among major indices, up half a percent in trading. Banking stocks are starting to recover in that index thanks to the successful bond auction.

While this is solid news for the markets at large, it has to be noted that this week has been held captive by extremely thin volume. The holidays are still in full-swing after Christmas as people gear up for New Years. A couple green days during a week like this does no mean a trend. Traders and Investors alike should watch for next week when everyone returns from vacation. Maximize Your Trades With Profitly

Stocks to watch today include Apple Inc. (NASDAQ:AAPL), Canadian Solar Inc. (NASDAQ:CSIQ), Randgold Resources Ltd. (NASDAQ:GOLD), ARM Holdings (NASDAQ:ARMH), Sanofli (NYSE:SNY) and Bank of America Corporation (NYSE:BAC)

Apple Inc. (NASDAQ:AAPL) is up 0.24% in pre market trading at $407.50. AAPL trades 16.6 million shares a day on average. AAPL has been trending up the latter half of December and has jumped from $380 to over $405. The company has a market cap of 377.83 billion.

Canadian Solar Inc. (NASDAQ:CSIQ) is up 8.15% this morning at $2.92. CSIQ trades 874 thousand shares a day on average. CSIQ may be looking to bounce today after falling more than $0.30 in the past two trading days. The company has a market cap of 117.33 million.

Randgold Resources Ltd. (NASDAQ:GOLD) is up 1.43% in pre market trading at $103.84. GOLD trades 656 thousand shares a day on average. GOLD stock took a 2% hit yesterday. The company has a market cap of 9.37 billion. Maximize Your Trades With Profitly

ARM Holdings (NASDAQ:ARMH) is up 2.47% in pre market trading at $27.78. ARMH trades 3.16 million shares a day on average. ARMH stock is up more than $1 a share over the past two weeks. The company has a market cap of 12.20 billion.

Sanofi SA (NYSE:SNY) is up 1.25% in pre market trading at $36.59. SNY trades on average 3.5 million shares a day. SNY has been trending slightly higher for the latter half of December and has moved up about $2 a share. The company has a market cap of 97.01 billion.

Bank of America Corp. (NYSE:BAC) is up 0.64% in pre market trading at $5.52. BAC has traded 446 thousand shares already this morning and averages 263.03 million shares a day. BAC stock has been trending upward ever since it dipped below $5 on Dec. 19. The company has a market cap of 55.54 billion.

Early Nasdaq Gainers: CSIQ, PGNX, PWAV, DBLE, DISH, HSOL

The stock market is on a tear this morning following strong housing numbers and positive economic news out of Europe. The Commerce Department said today that housing starts surged 9.3% today to an adjusted annual rate of 685,000, the highest in more than a year. In Europe, German business and consumer confidence rose and Spain had a successful debt auction today. The Dow is up 257 points, the Nasdaq is up 63 points and the S&P is up 29 points.

Here’s a look at 6 Nasdaq stocks posting strong gains early.

Canadian Solar Inc. (NASDAQ:CSIQ) is up 30.77% this morning at $2.89. CSIQ has traded 1.2 million shares so far today and is already above its daily average volume for the day. CSIQ stock is up today after the company announced it is selling solar projects to TransCanada. Canadian Solar has a current market cap of 122.99 million.

Progenics Pharmaceuticals Inc. (NASDAQ:PGNX) is up 17.44% today at $7.61. PGNX has traded 446 thousand shares so far today and trades 132 thousand shares a day on average. Progenics is up today after announcing positive phase 3 results for methylnaltrexone. The company has a current market cap of 258.62 million.

Powerwave Technologies Inc. (NASDAQ:PWAV) is up 12.50% this morning at $1.62. PWAV has traded 216 thousand shares today and trades 649 thousand shares a day on average. PWAV gaped up this morning after falling about $0.40 a share over the previous four trading days. Powerwave has a current market cap of 52.28 million.

Double Eagle Petroleum Co. (NASDAQ:DBLE) is up 18.68% this morning at $7.18. DBLE has traded 260 thousand shares so far today, well above its daily average of 105 thousand shares. The company has a current market cap of 80 million.

Dish Network Corp. (NASDAQ:DISH) is up 8.23% today at $27.21. DISH has traded 1.9 million shares so far today and averages 3.8 million shares a day. DISH stock rose this morning on rumors of AT&T buying the company. Dish Network has a market cap of 12.16 billion.

Hanwha SolarOne Co. (NASDAQ:HSOL) is up 6.93% this morning at $1.08. HSOL has traded 351 thousand shares so far today and trades 850 million shares a day on average. The company has a current market cap of 90.86 million.

Futures Set to Push Market Higher, Stocks to Watch: CSIQ, AAPL, BAC, S, ECYT CLWR, SIRI

Dow futures are set for a rebound after yesterday’s late sell-off. Currently the Dow futures are up 92 points at 11,795. The Nasdaq futures are adding 21 points at 2,234, and the S&P is tacking on 12.50 to 1,211.50. Looks like a green open is in store for the U.S markets.

After yesterday’s sell-off all eyes were back on Europe this morning. This time they received a pleasant surprise. Business confidence numbers out of German beat expectations leading to a rise in European markets. The Stoxx 600 index was leading the markets into the green, currently up .3% in intraday trading.

Spain’s successful bond auction also lifted investor sentiment in the region. Debt costs began to fall after a three year liquidity offer from the European Central Bank.

The Euro also saw a modest rise further above the $1.30 level. It should be noted that most analysts agree that any bullish move within the Euro is tenuous at best. Any piece of bad news will have the currency back to 2011 lows.

Economic data for the US is thin today, the only major piece is housing starts number at 8:30am EST.

Commodity prices saw gold rising nearly $12 to regain its footing above the $1600 per ounce level. Oil prices are also rebounding , up nearly a percent to $95.32.

Stocks to watch this morning include Canadian Solar Inc. (NASDAQ:CSIQ), Apple Inc. (NASDAQ:AAPL), Bank of America Corporation (NYSE:BAC), Sprint Nextel Corporation (NYSE:S), Endocyte, Inc. (NASDAQ:ECYT), Clearwire Corporation (NASDAQ:CLWR) and Sirius XM Radio Inc. (NASDAQ:SIRI)

Canadian Solar Inc. (NASDAQ:CSIQ) is up 32.58% in pre market trading at $2.93. CSIQ has traded 17 thousand shares already this morning and trades 846 thousand shares a day on average. Canadian Solar and TransCanada Corporation announced a sales agreement for 86MW Solar PV project portfolio in Ontario, Canada. Canadian Solar has a market cap of 96.04 million.

Apple Inc. (NASDAQ:AAPL) is up 0.91% in pre market trading at $385.69. AAPL trades 14.02 million shares a day on average. Despite yesterday’s sell off, Apple finished in positive territory. The company has a market cap of 355.23 billion.

Bank of America Corporation (NYSE:BAC) is up 1.71% in pre market trading at $5.07. BAC has traded 816 thousand shares so far this morning and trades 262 million shares a day on average. Bank of America is looking to rebound with the market this morning after losing more than 4% yesterday. Bank of America has a market cap of 50.53 billion.

Sprint Nextel Corporation (NYSE:S) is up 6.94% in pre market trading at $2.31. S has traded 69 thousand shares this morning and trades 35.97 million shares a day on average. Over the past five trading days, Sprint stock has fallen from $2.50 to a low of $2.15. The company has a market cap of 6.47 billion.

Endocyte, Inc. (NASDAQ:ECYT) is up 6.37% in pre market trading at $3.34. ECYT trades 637 thousand shares a day on average. ECYT has fallen from a high of over $4 last Tuesday to just over $3 yesterday. The company has a market cap of 112.22 million.

Clearwire Corporation (NASDAQ:CLWR) is up 5.91% in pre market trading at $2.14. CLWR has traded 40 thousand shares already this morning and averages 17 million shares a day. CLWR is down about $0.20 a share since last Tuesday. Clearwire has a market cap of 1.86 billion.

Sirius XM Radio Inc. (NASDAQ:SIRI) is up 1.10% in pre market trading at $1.83. SIRI has traded 50 thousand shares so far this morning and trades 57.33 million shares a day on average. SIRI stock has been trading relatively flat the past five trading days. Sirius has a market cap of 6.79 billion.

Biggest Losers in Today’s Rally: RIMM, BIG, UVV, GTE, CSIQ, EK

Despite the market rally earlier today, there are some stocks getting hit pretty hard today by investors. These stocks include Research In Motion (NASDAQ:RIMM), Big Lots Inc. (NYSE:BIG), Universal Corp. (NYSE:UVV), Gran Tierra Energy Inc. (AMEX:GTE), Canadian Solar Inc. (NASDAQ:CSIQ) and Eastman Kodak Co. (NYSE:EK).

Research In Motion (NASDAQ:RIMM) is down 8.67% today at $16.97. RIMM is falling after the company announced it won’t meet financial targets after a huge write down on its PlayBook tablet. The total write down is $360 million. RIMM has traded 44 million shares so far today following this news, more than double its daily average volume.

Big Lots Inc. (NYSE:BIG) is down 8.41% at $36.36 with about 2 hours left in the trading day. BIG has traded 4.2 million shares so far today, well above its daily average of 1.3 million shares. Big Lots fell today after its third quarter income fell 76% due to a loss related to its newly acquired Canadian operations and the slow down in the U.S. The company did however raise its full year outlook. The company has a current market cap of 2.39 billion.

Universal Corp. (NYSE:UVV) is down 8.66% at $41.67 today. UVV has traded 947 thousand shares so far today, more than 4 times its daily average. UVV started selling off around midday yesterday. The company has a current market cap of 976.59 million.

Gran Tierra Energy, Inc. (AMEX:GTE) is down 6.42% today at $5.83. GTE has traded 1.3 million shares so far today, more than double its daily average volume. The company gave an update on drilling programs in South America earlier today, but it looks like investors didn’t like what they heard. Gran Tierra has a current market cap of 1.61 billion.

Canadian Solar Inc. (NASDAQ:CSIQ) is down 9.62% today at $2.82. CSIQ has traded 838 thousand shares so far today and is on track to trade its normal volume of 1.1 million shares. CSIQ is dipping today after running up all week long from $2.40 to $3.20. The company has a current market cap of 121.48 million.

Eastman Kodak Co. (NYSE:EK) is down 3.30% today at $1.0250. EK has traded 4.7 million shares so far today and trades 12.4 million shares a day on average. Eastman Kodak has a current market cap of 276.70 million.

Stocks Lose Most Of Their Early Gains as Investors Await Word From EU Ministers

The stock market has lost most of its early gains today and the Nasdaq has turned negative in late day trading. Investors are waiting for EU ministers to conclude their meeting on the region’s debt crisis. There’s a lot of rumors going around about how Europe will fix their situation, but there won’t be any concrete information until the EU ministers come out and talk about what they discussed at the meeting.

“It’s still all about Europe, Europe, Europe. There are rumors and hope again that the policy makers in Europe are going to solve their problems, and there’s talk of our Fed stepping in to buy European sovereign debt,” said Nick Raich, director of research at Key Private Bank.

Italy had a successful bond auction today, but there yields were above 7% which according to most economists is unsustainable. While the major indexes got off to a decent start in morning trading, they have since gave up most of those early gains. The Dow is up 47 points, the Nasdaq is down 12 points and the S&P is up 3 points.

Let’s take a look at some stocks posting decent gains as well as stocks posting big losses.

Inhibitex, Inc. (NASDAQ:INHX) is up 21.32% in afternoon trading at $13.83. INHX has traded 7.2 million shares so far today, 4 times its daily average volume. Inhibitex jumped today after the company announced it will be asking the FDA for authorization to expand testing for its drug INX-189. Inhibitex has a current market value of 1.08 billion.

YM Biosciences, Inc. (AMEX:YMI) is up 12.61% in afternoon trading at $1.27. YMI has traded 2.9 million shares so far today, nearly triple its daily average volume. YMI is trending back up after dropping to $1.05 yesterday.

Canadian Solar Inc. (NASDAQ:CSIQ) is up 7.59% in afternoon trading at $2.55. CSIQ has traded 1.2 million shares so far today, 200 thousand more shares than its daily average. Canadian Solar announced it has supplied solar modules for an 8.5 MW power plant in Lindenhof near Neubrandenburg in the German state of Mecklenburg-Vorpommern. Canadian Solar has a current market cap of 110.99 million.

Savient Pharmaceuticals Inc. (NASDAQ:SVNT) is up 7.49% in afternoon trading at $2.44. SVNT has traded just over a million shares so far and trades on average 1.7 million shares. SVNT is coming off its high of day at $2.49. Savient Pharmaceuticals has a current market cap of 169.17 million.

Radian Group Inc. (NYSE:RDN) is down 14.44% today at $2.0450 in afternoon trading. RDN has traded 6.5 million shares so far today, more than a million shares more than its daily average. RDN started the day off alright but started seeing heavy selling at around 11am that has lasted throughout the day. Radain Group has a current market cap of 272.39 million.

Corning Inc. (NYSE:GLW) is down 12.21% in afternoon trading at $12.98. GLW has traded 55.8 million shares so far today, well above its daily average of 21 million shares. GLW shares fell today after the company cut its fourth-quarter earnings forecast. Corning Inc. has a current market cap of 20.43 billion.

Pacific Ethanol Inc. (NASDAQ:PEIX) is down 10.48% at $1.11 in afternoon trading. PEIX has traded 6.8 million shares so far today, about 600 thousand shares short of its daily average. PEIX has been trending lower the past few trading sessions after it nearly doubled this month. Pacific Ethanol has a current market cap of 84.81 million.

Nokia Corporation (NYSE:NOK) is down 2.76% at $5.45 in afternoon trading. NOK has traded 23.8 million shares so far today, and trades on average 28.5 million shares daily. NOK is continuing its downward trend from last week after it gaped up yesterday along with the rest of the market. Nokia has a current market cap of 20.18 billion.

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