Hot Stocks to Watch: ASUR, PCX, MVIS, JRCC, YELP, NFLX

Traders at the NYSEThe broader markets are coming back with a case of the post-holiday blues. While domestic data surprised to the upside, concerns of the EU continue to ramp up. A series of interest rate cuts by the ECB, China and the UK have spooked traders as we head into the weekend. It shows that global economic conditions remain weak and are expected to remain there.

Domestic data, while positive, have little respite for investors. The ADP report surprised to the upside and jobless claims fell to their lowest level in 6 weeks. The NFP report on unemployment is due out tomorrow before the bell. Sign Up For Free Stock Alerts

A quick check of the market has the Dow down 70, the Nasdaq 12 and the S&P 8. [Read more...]

Nasdaq Stocks Struggling in Today’s Rally: MVIS, IIVI, DYAX, AONE, ARQL, GMCR

NASDAQ Screen at Times SquareMicrovision Inc. (NASDAQ:MVIS) is down 22.07% today at $2.33. MVIS has traded 2.4 million shares this morning, 5 times its average volume. MVIS shares are dipping on news of an offering. The company has a market cap of 40.06 million. Sign Up For Free Stock Alerts

II-VI Inc. (NASDAQ:IIVI) is down 12.20% this morning at $16.33. IIVI has traded 469 thousand shares so far today, double its average volume. IIVI shares are taking a dive on weak outlook. The company has a market cap of 1.04 billion. [Read more...]

NASDAQ Stocks Trading in the Red: ATPG, PRGS, NPSP, EGLE, MVIS, CEDC

NasdaqATP Oil & Gas Corp. (NASDAQ:ATPG) is down 14.21% this morning at $5.01. ATPG has traded 3.2 million shares so far today, more than double its daily average volume. Chief executive, Matt McCarroll, resigned from the company after joining on June 1. McCarroll leaves after ATP failed “to reach a mutually agreeable employment agreement.” The company has a market cap of 259.03 million. Sign Up For Free Stock Alerts

Progress Software Corp. (NASDAQ:PRGS) is down 11.78% today at $17.90. PRGS has traded 594 thousand shares so far today, well above its daily average of 332 thousand shares a day on average. PRGS shares are struggling today as it cuts fiscal year second quarter outlook. The company has a market cap of 1.13 billion. [Read more...]

Hot Stocks to Watch: CBLI, GALE, VRNG, MVIS, CLSN, MTOX

Wall Street signStocks are trading slightly lower across the board today as investors continue to feel uncertain about the debt situation in Europe. The market suffered one of its worst days of the year on Friday as each of the major indexes fell more than 2%.

On the economic data front, factory orders fell again in April marking the fourth straight month of declines. Orders fell 0.6% while economists were expecting a rise of 0.2%.

European markets saw thin trading today as U.K. stock markets are closed today and tomorrow on an extended bank holiday for the Queen’s Diamond Jubilee.

China’s service sector continued to slow in May for the second straight month.

In mid-morning trading the Dow is down 21 points, the Nasdaq is down 1 point and the S&P 500 is down 3 points. [Read more...]

Hot Stocks to Watch: PIP, MVIS, ISR, VRNG, YGE, GSS

Wall Street signStocks are taking a beating today as investors fear a sharp economic slowdown due to today’s poor jobs report. The economy created only 69,000 jobs in May and the unemployment rate rose to 8.2%. The only thing doing well today is gold and silver as investors flood into perceived safe haven investments.

Today’s poor economic data has many analysts hoping for another round of QE (stimulus). Some analysts believe this will happen when the Fed meets in August or September, not at their June 20 meeting. The Fed has said repeatedly it would step in if the economy shows signs of slowing down.

The major indices are down 2% with the Dow down 222 points, the Nasdaq down 62 points and the S&P 500 dow 26 points. [Read more...]

Hot Stocks to Watch: TLB, MVIS, CFK, GIB, ROSG, CIEN

investment newsInvestors will be glad to see May end. The never ending Euro saga coupled with lackluster data has the major indices retreating this morning. Overall is the losses hold, the Dow will be down over 6% for the month, the Nasdaq 7.5% and the S&P 6.6%.

Domestically the macro data is not helping the the markets at all. Jobless claims jumped higher, closing in on the 400k. The ADp report missed consensus of 150k, instead printing 133k. The anemic labor market with a housing market that refuses to recover is creating a sense that the recovery is faltering. Couple that with Europe’s soap opera rumor mill and the bears have definitely seized control in morning trading. Sign Up For Free Alerts

A quick look at the markets has the Dow down 63, the Nasdaq off 31 and the S&P down 11 points. [Read more...]

NASDAQ Stocks Selling Off This Morning: MVIS, MAGS, PWRD, ROSG, GENE, JRCC, RIMM

NasdaqMicrovision Inc. (NASDAQ:MVIS) is down 20.47% today at $2.0599. MVIS has traded 819 thousand shares so far today, above its daily average of 318 thousand shares. MVIS shares are selling off today after the stock rose $1.40 a share on Tuesday. The company has a market cap of 34.95 million.

Magal Security Systems Ltd. (NASDAQ:MAGS) is down 16.04% this morning at $3.82. MAGS has traded 237 thousand shares so far today, slightly above its daily average of 200 thousand shares. Magal Security Systems announced first quarter results this morning. Revenue came in at $15.6 million with a net income of $46 thousand. The company has a market cap of 60.93 million. [Read more...]

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