Stock Futures Look To End Quarter On Positive Note. Stocks to Watch

Stock FuturesStock futures this morning are looking to extend their bullish run for the quarter. The Nasdaq alone has had its best performing quarter since 1998. Guess they can thank Apple for that one. Dow futures are up 60 points in pre-market trading to 13,138. Nasdaq 100 futures are up 13.75 points to 2,772. The S&P 500 futures are rounding out the bullish pre-market, up 7.25 to 1,405.50.

Analysts that are looking for a short-term correction may have to wait a bit longer. An equity researcher an Danske Research thinks that stocks will continue to drift higher on into the second quarter as long as conditions stay the same or see some more slight improvement.

Gains on the market have been tempered by fresh concerns over Europe. Their lack of a true resolution will continue to haunt the markets through the rest of the year. Add in Chinese concerns over a hard-landing and consistent misses on economic data coming out of the United States and you have to wonder how much longer the good times will roll. Investors seem to be counting on the Fed, who is more than willing to jump in at the first sign of trouble.

Over in Europe, finance ministers are expected to meet today to agree upon an expanded EU firewall for their sovereign debt crisis. Meanwhile, the Greek PM said that a third bailout could not be ruled out. SO look for the part 3 of that little aga sometime later this year. [Read more...]

Stock Futures Push Higher on Bernanke Comments. Stocks to Watch

Stock FuturesPre-market trading is being buoyed by a Bernanke speech in which he suggested that more economic stimulus could create better labor conditions. He did raise concerns over whether the current pace of the labor recovery could be maintained in the face of weak demand, both domestically and internationally. Dow futures are currently up 78 points to 13,109. Nasdaq 100 futures are adding 19 points to 2,748. S&P 500 futures are rounding out the morning’s pre-market gains, up 8.75 to 1,402.75.

On the economic calendar, pending home sales are slated to be released at 10am EST. This will be another gauge as to if the housing market is actually recovering. Other news is the ongoing Federal Reserve Chief Ben Bernanke’s speech which began at 8am EST.

Overseas, Asian markets traded mostly flat. Europe on the whole traded higher. The outlier there was Spain which is taking a loss thanks to some election news. The ruling party won a regional election but failed to secure an outright majority. This may make instituting needed reforms difficult. Spain is suffering from crippling unemployment and a growing sovereign debt issue.

Commodities are following the broader market higher this morning. Gold prices are up over $15 to $1,677 per ounce. Gold bulls seem the be encouraged every time Bernanke utters the word stimulus.

Oil prices are also higher this morning. Nymex crude futures are up 32 cents to over $107 per barrel. The energy prices will start to weigh on the market when consumer confidence numbers are released tomorrow. [Read more...]

NASDAQ Stocks Slipping In Early Trading: FLML, VRA, YONG, GALE, KITD, PSUN

NASDAQ Screen at Times SquareFlamel Technologies S.A. (NASDAQ:FLML) is trading down 18.12% today at $6.28. FLML has traded 512 thousand shares so far today, well above its daily average of 157 thousand shares. Flamel Technologies announced acquistion of Eclat Pharmaceuticals late yesterday. The company has a market cap of 153.66 million.

Vera Bradley, Inc. (NASDAQ:VRA) is down 9.32% this morning at $33.68. VRA has traded 2.7 million shares so far today, more than 4 times its average volume. Vera Bradley announced fourth quarter earnings increased 41% thanks to surging sales. Shares of the company are down though due to a cautious forecast. The company has a market cap of 1.36 billion. [Read more...]


Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ) is up 4.32% in pre market trading at $43.25. JAZZ closed yesterday up 1.64% at $41.46. JAZZ is up this morning after providing a better than expected outlook for 2012. The company has a market cap of 1.75 billion.

Dendreon Corporation (NASDAQ:DNDN) is up 11.58% this morning at $11.84. DNDN jumped nearly 40% yesterday after the company announced higher revenues from Provenge sales. DNDN trades 6.3 million shares a day on average. The company has a market cap of 1.58 billion.

RF Micro Devices, Inc. (NASDAQ:RFMD) is down 18.44% at $4.60 this morning. RFMD has traded 451 thousand shares so far in pre market trading and trades about 7 million shares a day on average. RFMD is falling this morning after they announced third quarter revenue missed. The company has a market cap of 1.57 billion.

Fusion-Io, Inc. (NYSE:FIO) is up 3.24% in pre market trading at $28.40. FIO trades just over 2 million shares a day on average. FIO stock is up nearly $4 a share since last Friday. The company has a market cap of 2.29 billion.

KIT digital, Inc. (NASDAQ:KITD) is up 6.89% this morning at $9.00. KITD is up this morning after announcing positive end of year 2011 update and they strengthened their outlook for 2012. KITD trades 795 thousand shares a day on average. The company has a market cap of 388.63 million.

RAM Energy Resources, Inc. (NASDAQ:RAM) is down 3.64% in pre market trading at $2.91. RAM trades about a million shares a day on average. The company has a market cap of 238.00 million.

Vical Incorporated (NASDAQ:VICL) is down 10.28% in pre market trading at $3.84. VICL has traded 117 thousand shares already this morning and averages 838 thousand shares daily. VICL shares are down this morning after the company announced it intends to offer and sell shares of its stock in underwritten public offering. The company has a market cap of 307.65 million.

U.S. Stock Futures Rebound On Thursday. Stocks to Watch: GMCR, CSCO, GM, KITD

Stock-index futures showed a rally on Thursday following the worst sell-off in months after promising developments from Italy and Greece somewhat eased anxiety that euro zone policymakers are losing control of the debt crisis that has threatened to throw the region into financial disaster.

Wall Street’s dive on Wednesday knocked the the Nasdaq and S&P 500 into negative territory for the year. The plunge shaved $117.4 billion in market capitalization from the 30 companies listed on the Dow. Headlines from Europe have ruled the day in every trading session this week, and appear to be ready to do so again today.

Futures on the Dow Jones Industrial Average rose 106 points to 11,838 and those on the Standard & Poor’s 500 stock index climbed 13.5 points to 1,239.10. Nasdaq 100 futures advanced 21.25 points to 2,332.20.

The blue-chip Dow index slumped nearly 400 points on Wednesday, as Italy’s borrowing costs surged to levels seen as unsustainable. The yield on 10-year Italian government bonds fell on Thursday but remained near the critical 7% level. The Italian government sold 5 billion euros ($6.8 billion) in 12-month Treasury bills, but its borrowing costs soared.

European equity markets swung between small gains and losses on Thursday, with the Stoxx Europe 600 index up 0.3%. Asian markets fell sharply overnight, with the Hang Seng index in Hong Kong falling 5.3% to 18,964. The Japanese Nikkei plummeted 2.9% to 8,501.

Data from China showed the October trade surplus widened less than expected, as exports fell from the previous month.

In the commodity markets, December gold futures fell $23.60 to $1,768 an ounce in electronic trading on Globex.

Crude-oil futures rose $1.23 to $96.97 a barrel.

Stocks to watch today include Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR), Cisco Systems, Inc. (NASDAQ:CSCO), General Motors Company (NYSE:GM) and KIT digital, Inc. (NASDAQ:KITD).

Five Morning Gainers Moving Five Percent or More: KITD, TVIX, GTIV, PANL, SODA

Markets are getting hammered today as stocks fall amid the European debt crisis. This time its Italy causing problems. European stock markets collapsed after Italian bond margin hike and caused U.S. stock futures to plummet. The major U.S. indexes are all down more than 2.5% right now.

There are a few stocks bucking the trend this morning and posting decent gains.

KIT digital, Inc. (NASDAQ:KITD) is up $2.38 at $10.75 this morning, a gain of 28.59%. The company reported record third quarter results this morning. Revenue was up 29% to a record $62.3 million. GAPP net income EPS of $0.11 compared to net losses in previous quarters. KITD has traded 2.5 million shares this morning, 5 times its daily average volume. The company has a current market cap of 464.61 million.

VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA:TVIX) is up 17% at $54.23. TVIX is a stock that trades according to the VIX and tries to double whatever the current VIX reading is. Basically as the market goes down, this stock goes up and vice versa. TVIX has traded over 1.4 million shares this morning, and is on pace to trade relatively average volume today.

Gentiva Health Services Inc. (NASDAQ:GTIV) is up $0.78 at $5.33, a gain of 17% this morning. GTIV has traded 577 thousand shares so far today, about 300 thousand less than its daily average. The stock has traded up every day this week, moving from $3.60 to over $5. The company has a current market cap of 153.65 million.

Universal Display Corp. (NASDAQ:PANL) is up 6.57% this morning at $52.69. PANL announced third quarter profits late yesterday. The company reported a profit of $6 million, or $0.12 cents per share on rising sales. PANL stock has traded 2.4 million shares this morning, 100 thousand higher than its daily average already. The company has a current market cap of 2.43 billion.

SodaStream International Ltd. (NASDAQ:SODA) is up $1.92 at $36.03, a gain of over 5%. SODA is moving up today ahead of their earnings report which is expected sometime today. SODA stock has traded 4 million shares so far today, already double its daily average volume. The company has a current market cap of 710.40 million.

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