Hot Stocks to Watch: CPWM, MITK, QSFT, SQNM, KTOS, PSX

Wall Street signIt is all about Europe today. With a thin economic data slate today, the market is being driven by events and headlines emerging out of Europe. A recent report has EU countries considering the June payment of bailout funds due to the political turmoil. Plus news out of Spain has the government set to possibly nationalize one of their leading banks.

Right now the Dow is near its session lows, off 147. The Nasdaq and S&P are following the Dow lower, down 35 and 17 points respectively. [Read more...]

After Hours Trading Report for May 8

Wall StreetApollo Global Management, LLC (NYSE:APO) is up 1.64% in after hours trading at $13.05. APO traded 621 thousand shares during regular trading hours as it finished up 5.33% at $12.85. Apollo Global Management announced first quarter results after market close today and beat expectations. The company saw earnings rise 23% in the first quarter. The company has a market cap of 1.62 billion.

Mitek Systems Inc. (NASDAQ:MITK) is up 4.17% this afternoon at $2.75. MITK traded 865 thousand shares during normal trading today as the stock closed down 0.38% at $2.64. MITK shares have dropped more than 50% over the past five days on poor earnings. [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...]

KITD, GLUU, JRCC, MITK, LIVE, ARNA, KSWS Are The Pre-Market Movers for May 3

A list of NASDAQ stocksStock futures are pointing modestly higher this morning as investors await a slate of data and digest GM’s earnings release. Europe still remains a concern, though two bond auctions in France and Spain went off without a major event. Yields rose in Spain, but the auction was heavily subscribed. Currently the Dow futures are up 13 points. The Nasdaq and S&P futures are also trading modestly higher, both up 4 and 2 points respectively.

Most market watchers are expecting a sideways day as investors gear up for the unemployment report tomorrow. Expectations are for job creations numbers to come in at 169k and the unemployment rate staying unchanged at 8.2%.

After the disappointing ADP numbers yesterday, the weekly jobless claims may give the market a boost after they declined 27k to 365k. At 10am EST, the ISM non-manufacturing purchasing index will be released.

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Commodities are trading nearly flat to slightly negative this morning. Nymex crude futures are down fractionally to $105.04 per barrel. Gold prices are off half a percent to $1,645.80. [Read more...]

After Hours Trading Report for April 11

NasdaqStocks ended a five day losing streak today as positive earnings from Alcoa helped put investors’ minds at ease. The latest Fed Beige Book report also gave investors hope after showing the U.S. economy expanded at a modest to moderate pace in the past few weeks.

The major indexes all ended the day higher with the Dow up 89 points, the Nasdaq is up 25 points and the S&P 500 is up 10 points. [Read more...]

NASDAQ Stocks Following the Market Lower: DARA, CKSW, ITMN, MITK, KERX, VRML

NASDAQ Screen at Times SquareDARA BioSciences, Inc. (NASDAQ:DARA) is down 25.35% today at $1.0450. DARA has traded 576 thousand shares this morning, 7 times its average volume. DARA shares are slipping today after the company announced it plans to raise $10.1 million in a public offering. The company has a market cap of 7.40 million.

ClickSoftware Technologies Ltd. (NASDAQ:CKSW) is down 14.21% this morning at 10.75. CKSW has traded 716 thousand shares so far today, well above its daily average of 134 thousand shares. CKSW shares are down today after the company issued first quarter guidance. ClickSoftware expects revenue to be $21.6 million, lower than estimates of $23.35 million. The company has a market cap of 337.83. [Read more...]

These NASDAQ Stocks are Falling Today: PMTC, GALE, MITK, GNOM, STX, PMCS

NASDAQ Screen at Times SquareParametric Technology Corporation (NASDAQ:PMTC) is down 20.06% today at $21.75. PMTC has traded 5.6 million shares so far today, well above its daily average of 1.4 million shares. Parametric shares are down this morning after the company lowered its second quarter outlook. The company has a market cap of 2.61 billion.

Galena Biopharma, Inc. (NASDAQ:GALE) is down 13.90% this morning at $1.61. GALE shares are tanking again today after the company priced its 8.5 million share offering at $1.50 a share. The company has a market cap of 69.21 million. [Read more...]

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