Pre Market Gainers and Losers for May 24: P, ROSG, CLDX, NTAP, HPQ, TIF

Wall StreetPandora Media, Inc. (NYSE:P) is up 18.59% in pre market trading at $12.25. P has traded 128 thousand shares so far today and trades 3.3 million shares a day on average. P shares are rising following better than expected quarterly results. Pandora saw a 58% increase in revenue to $80.8 million, beating expectations of $74.3 million. The company has a market cap of 1.70 billion.

Rosetta Genomics, Ltd. (NASDAQ:ROSG) is up 12.01% in pre market trading at $12.59. ROSG has traded 104 thousand share so far today and trades 834 thousand shares a day on average. ROSG shares have rallied nearly $8 a share over the past week. [Read more...]

Hot Stocks to Watch: ROSG, PETM, MELA, MOV, AMRS, CPWR, PCX

Wall StreetThe never-ending EU saga is back in the limelight today as leaders meet at a summit to devise yet another plan to resolve the crisis. French President Hollande pushed Euro bonds to which Merkel refused to entertain the idea. With new Greek elections fast approaching, the endgame for Greece in the EU could be right around the corner.

Mix in the Facebook debacle and disappointing Dell results and you have all the trappings of a bearish market. Currently the Dow is off its session lows, down 146. The Nasdaq and S&P are both negative, down 30 and 14 respectively. Sign Up For Free Alerts [Read more...]

Hot Stocks to Watch: CLNT, GENE, HEAT, BNHN, RDN, ROSG, MTG

Wall Street signStocks are up in the first half of trading today thanks to better than expected home sales report. Existing home sales saw a 3.4% rise to annual rate of 4.62 million units in April, the highest its been in nearly two years. The positive housing news helped bring markets up after they opened mixed following a Japan credit downgrade.

Investors are also looking to Europe tomorrow and hoping officials there will agree on a policy response when they meet in Brussels tomorrow. Get Free Stock Alerts

A quick look at the markets at lunchtime show the Dow up 58 points, the Nasdaq up 15 points and the S&P 500 up 10 points.

Hot Stocks

Cleantech Solutions International, Inc. (NASDAQ:CLNT) is up 51.03% this morning at $3.67. CLNT has traded 870 thousand shares so far today, way above its daily average of 25 thousand shares. CLNT shares are up today on news the company received $1.7 million in orders for wind power components. The company has a market cap of 8.72 million.

Genetic Technologies Ltd. (NASDAQ:GENE) is up 41.13% in early trading at $3.4010. GENE has traded 409 thousand shares so far today, more than 10 times its daily average. GENE shares are jumping after the company provides business update. The company has a market cap of 48.09 million.

SmartHeat Inc. (NASDAQ:HEAT) is up 29.84% today at $4.83. HEAT has traded 345 thousand shares so far today and trades 495 thousand shares a day on average. No news for HEAT today, but it looks like traders are bouncing the stock after it fell nearly 50% in the past month. The company has a market cap of 18.98 million.

Benihana Inc. (NASDAQ:BNHN) is up 21.09% today at $16.10. BNHN has traded 3.1 million shares so far today, well above its daily average of 56 thousand shares. BNHN shares are up today after the company goes private in a nearly $300 million deal. The company has a market cap of 288.74 million. Get Free Stock Alerts

Radian Group Inc. (NYSE:RDN) is up 19.24% today at $2.85. RDN has traded 4.2 million shares so far today and trades 4.9 million shares a day on average. RDN shares continue to rise on news a major shareholder told Radian to consider sale. The company has a market cap of 367.89 million.

Rosetta Genomics, Ltd. (NASDAQ:ROSG) is up another 11% today at $7.65. ROSG has traded 1.2 million shares so far today, 6 times its average volume. ROSG shares have seen choppy trading over the past week, trading as low as $4 and as high as $7.80.

MGIC Investment Corp. (NYSE:MTG) is up 10.59% today at $2.63. MTG has traded 5.7 million shares so far today and trades 6.4 million shares a day on average. MTG shares are up $0.40 a share over the past few days. The company has a market cap of 527.30 million.

Hot Stocks to Watch: ROSG, PSUN, KERX, RDN, GDP, AEO, AMRS

investment newsAfter 12 negative sessions out of 13, stocks are trying to mount a comeback. Of course they are doing this without facebook, which is obviously suffering a from a lack of ‘likes’ on the day. Most of the rally is due to the market being technically oversold, but most analysts agree that there needs to be a major catalyst to give the rally legs. Facebook was to provide that, but the over-hyped social network has so far crashed and burned on an epic scale.

The markets are getting a respite from Europe today which is helping the bulls’ cause. The lack of horrible news is seen as good news for the day which is helping the market maintain its gains. The G8 statement over the weekend also gave the bulls cover, even if the statement was nothing but political fluff without any real teeth as to action. Sign Up For Free Alerts

A quick check of the markets has the Dow up 95, the Nasdaq 35 and the S&P 14. [Read more...]

Hot Stocks to Watch: PSUN, ROSG, BWS, FL, CRM, KITD

Wall StreetWall Street is looking for some facebook likes as the IPO for the social network giant looms. Many are hoping the IPO will snap the losing streak that has sent the markets tumbling in the wake of EU woes. One analysts with Charles Schwab tried to add a patriotic component to the IPO saying it was a dream of a company that became a reality. Probably a bit over the top but expect interest in the stock to be at a fever pitch today.

Check out Penny Stock Strategy for the latest coverage of penny stocks.

Europe’s woes are continuing today, but to a lesser extent. Shares of Spanish banks are rebounding after they asked the government to reinstate the short selling ban on domestic institutions. History has shown this to be a temporary reprieve and then the stocks inevitably head lower. Greek elections still loom large so while we may get a break today with facebook, the problems are still there and will persist.

Currently the three major US indices are essentially flat. The Dow is up 15, the Nasdaq 2 and the S&P is adding 2 points. [Read more...]

Stocks Edge Lower on Europe Woes. Stocks to Watch: VOD, ROSG, MM, DNDN, ALU, NOK, DANG

Stock FuturesEven Wal Mart’s strong quarter is struggling to prop up the market thanks to news out of the EU. The continual soap opera from Europe now has possible bank runs spreading to Spain after already hitting Greece. Moody’s has already threatened to downgrade a host of Spanish banks in the coming days. This will only add to the pressure the EU is facing. Dow futures are currently down 10 points. Nasdaq and S&P futures are both slightly negative, down 5 and 2 points respectively.

Check out Penny Stock Strategy for the latest coverage of penny stocks.

Jobless claims remained unchanged from last week. After being revised higher from 367k, this week’s print is at 370k. The four week average fell to 375k. Analysts had been expecting a drop to 365k.

In Europe, markets are down across the board as contagion fears ramp up. Many analysts say that the EU has to move decisively to shore up confidence in both Spain and Italy. Greece still remains without a functioning national government as it hurtles towards another election sometime in June. The anti-bailout leftist parties are picking up steam in the polls, so the crisis could become even more heated in the coming weeks.

Commodities remained mixed with oil futures drifting lower, while gold prices rebounded higher. [Read more...]


Wall Street signSome positive economic data has stocks on a slight rebound today after getting pummeled in previous sessions. Housing starts inched up which is leading to guarded optimism that just maybe the long languishing housing market may start to recover.

Europe still remains the chief concern as Greece is hurtling towards new elections. Polls out of the country show the anti-bailout leftist party picking up steam while the pro-bailout parties are getting wrecked. Still a few weeks out but it looks like the Greek situation is coming to head sometime in June. And by the looks of it, the exit for Greece could be messy for the entire EU.

A current snapshot of the three major indices in the US has the Dow up 13, the Nasdaq 4 and the S&P 3. All three are well off their session highs. [Read more...]

Real Time Web Analytics