6 NYSE Stocks Trading in the Red for July 20: CMG, AMD, NOK, SAN, AVP, AVG

Traders at the NYSEChipotle Mexican Grill, Inc. (NYSE:CMG) is down 20.95% today at $319.27. CMG has traded 8.8 million shares so far today, well above its daily average of 646 thousand shares. CMG shares are down today after reporting poor earnings. The company has a market cap of 10.12 billion.

Advanced Micro Devices, Inc. (NYSE:AMD) is down 12.14% today at $4.27. AMD has traded 46.6 million shares so far today, way above its daily average of 17.2 million shares. AMD shares are falling on weak second quarter results. The company has a market cap of 2.99 billion. [Read more...]

Stock Futures Rebound on Lack of Bad News From Europe. Stocks to Watch: AVP, GRPN, ZNGA, SIRI, TEVA, AMLN, PSTI

Stock FuturesInvestors are getting a bit of breathing room this morning after Germany’s GDP numbers surprised to the upside. Of course this means ignoring the downgrade spree the S&P went on with Italian banks after the close yesterday. Dow futures are currently up 61. Nasdaq and S&P futures are also pointing to a higher opening, both adding 20 and 9 points respectively.

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The German statistics agency reported that country returned to a growth footing in the first quarter, with GDP rising by.5%. The consensus was for a .1% increase. Italy’s GDP fell.8% confirming the country was back into recession territory.

In the ongoing Greek soap opera some officials floated the idea of a technocrat government. This is obviously designed to push through IMF and ECB reforms so it is doubtful the anti-bailout parties would sign off. Much less the populace.

Asia markets fell overnight as they reacted to the market moves in both the US and Europe. Investors continue to fret over the possibility of a Greek exit from the EU.

Data wise, investors can expect a packed slate today. At 8:30am EST, consumer price index and retail sales reports will be released. At 10am EST, inventories and a homebuilding index will be released.

As long as nothing new or catastrophic develops out of Europe, expect the data to be the market driver today vs headlines from Europe. [Read more...]

Hot Stocks to Watch: TIII, GRPN, HZNP, KERX, YRCW, AVP

Wall StreetEurope. Nothing conjures up more heartburn for investors than that continent these days. A trifecta of troubling news coming out of the EU this morning is sending the US markets down sharply. Rumblings of a Greek exit from the EU are reaching a fever pitch, while Spanish and Italian yields are once again on the rise.

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The cost of insuring against a Spanish default is now higher than Hungary. Couple that with Germany’s regional election over the weekend which saw Merkel’s party finish a distant second, and you can see why the trepidation over Europe is building once again.

Currently the three major domestic indices are near their session lows. The Dow is down 138, the Nasdaq 29 and the S&P 15. [Read more...]

Stock Futures Steady After Six Session Losing Streak. Stocks to Watch: CSCO, AVP, ALU, TSLA, PANL, RENN, CEDC

Stock FuturesAfter a six session losing streak, stock futures are rebounding this morning on jobless claims numbers and the lack of bad headlines out of Europe. Spain’s bond pressure eased a day after they nationalized their fourth-largest lender. The country is expected to unveil a plan today that would requirement banks to shore up their capital reserves to protect against their own housing collapse.

Dow futures are currently up 43 points. Nasdaq and S&P futures are following the index higher, both up 10 and 9 points respectively.

The big economic data point for US markets today is jobless claims. Printing at 367k it is mostly in line with expectations. Last week’s number was revised up to 368k, so that accounts for the 1k drop in claims. The 4 week rolling average dropped 5k to 379k.

In Europe, the markets are stabilizing after a week of turbulent trading. Most analysts think Greece is heading for a fresh round of elections in June, as none of the parties can find enough seats to form a ruling coalition. This puts the next bailout payment in jeopardy as EU countries may be unwilling to continue their support to a country without a functioning national government.

In commodities oil prices are rebounding on the macro data. After slipping below the $00 per barrel mark, Nymex crude futures are up 33 cents to $97.14. [Read more...]

NYSE Stocks Dropping in Early Trading: PBY, FST, AVP, DPZ, WMS, RDN

Traders at the NYSEPep Boys (NYSE:PBY) is down 23.71% this morning at $11.40. PBY has traded 9 million shares so far today, well above its daily average 890 thousand shares. PBY shares are getting hammered today as the company reports preliminary first quarter results that came in below expectations. The company has a market cap of 597.78 million.

Forest Oil Corp. (NYSE:FST) is down 12.01% today at $11.72. FST has traded 4.8 million shares so far today and trades 3.1 million shares a day on average. Forest Oil stock is taking a hit today after the company missed estimates for its latest earnings. Revenue came in at $158.9 million while estimates were $190.1 million. EPS was $0.11, below estimates of $0.20. The company has a market cap of 1.32 billion. [Read more...]

After Hours Trading Report for April 18

Wall StreetThe market sell off intensified in the last half hour of trading as eurozone concerns rule over the market again. Investors continue to be disappointed as central bank officials are not supportive of another round of QE. The latest officials to be against come from the minutes out of the Bank of England. Out of all the officials on the Monetary Policy Committee, only one supports another round of quantitative easing.

The Dow ended the day down more than 80 points, the Nasdaq fell 11 points and the S&P 500 dropped 5 points. [Read more...]

Hot Stocks to Watch: HEAT, MAGS, GMXR, DANG, PPO, AVP

Wall StreetThe street is taking hits from all sides today. The FOMC minutes yesterday. The Spanish auction today. All the ingredients for a sharp sell off and that’s what we are are seeing intraday. Just when you thought Europe was being saved you get the news; nope, still an ongoing concern. At least today we don’t have to hear about Greece. It is all about Spain and their budgetary concerns coupled with a weak bond auction.

Decliners are leading the advancers by a 6-1 margin. Current market action is decidedly to the downside. The Dow is giving up 163 points, the Nasdaq 52 and the S&P 500 17.

Not every stock is mired in the red today. There are some advancers. [Read more...]

Stock Futures Drifting Ahead of FOMC Minutes, Stocks to Watch

Stock FuturesFutures are soft this morning as investors eye the fomc minutes of the latest Fed meeting. They are searching for comments that would give the recent rally a firmer foundation. The minutes are scheduled for release at 2pm EST. Dow futures are currently down 23 points to 13,166. Nasdaq futures are flat, while S&P 500 futures are down just over 2 points to 1,410.

Other economic data to watch for for are car sales numbers and factory orders. Release times for those are 9am and 10am respectively. Chrysler has already reported that US sales are up 34% for their best tally in four years.

Internationally, Europe is is becoming a growing concern again. This time the focus is on Spain and their austerity measures. The concern is that their austerity will hamper growth, which in turn will limit its ability to pay back debt. This is based off the facts that austerity has been proven time and again not to work over in Europe. Only a matter of time at this point before the bailout talk regarding Spain begins in earnest.

Asia was a mixed bag overnight as Hong Kong rallied on US manufacturing news, while Japan slipped on the back of a stronger Yen. [Read more...]

Stock Futures Look to Start Quarter Mixed, Stocks to Watch

Stock FuturesFutures are whipsawing between positive and negative territory as investors look for direction on this first day of the new quarter. Dow futures are trading higher, up 68 points to 13,146. Nasdaq 100 futures are slightly negative along with the S&P 500 futures. Both are down 2 points and .75 points respectively.

After a near record-setting pace of the first quarter, investors are looking for confirmation of their perception on the economy. ISM numbers and the construction spending report are both slated for release at 10am EST. Analysts are expecting a rise in the ISM number despite regional weakness in recent reports.

Some analysts are starting to wonder if this will be a repeat of last year. We had a top around this point and then a low set in September. That is the reason the data has to quit missing expectations if the rally is expected to continue. Plus global concerns remain in the mix.

In Europe, Spanish and Italians markets are being heavily his in trading. Both are down over 1%. Other EU markets are drifting lower.

An official survey out of China on manufacturing showed a much better than expected improvement in March. This flies in the face of HSBC survey and one has to question the validity of the government’s survey. [Read more...]

Futures Look For Direction After German Data and Downgrades. Stocks to Watch: KORS, FRO, AVP, NFLX, RAX, AAPL, ZNGA

Investors are looking for direction today after they received two pieces of conflicting news. Moody’s went on a downgrade spree in Europe after the close yesterday, while German investor sentiment numbers improved. Currently, Dow futures are are down 3 points to 12,832. Nasdaq 100 futures are slightly in positive territory, up .25 to 2,568. The S&P 500 futures are down .75 points 1,348.25.

Domestically, the economic data calendar is full today. At 8:30am EST, retail sales numbers will be released. January import prices are due at the same time. Expectations are for an increase of .9%. Analysts are pointing towards gains in car-sales and chain-stores.

At 10am, Treasury Secretary Tim Geithner is scheduled to testify before the Senate Finance Committee regarding President’s Obama’s budget. Undoubtedly this will be a partisan circus act with the GOP looking to score political points in the run-up to the election. [Read more...]

Stock Futures Lower as Euro Concerns Weigh, Stocks to Watch: AVP, NVDA, AAPL, JIVE, LIVE, ECYT, MAR

Another day, another issue with Europe. The never-ending crisis is weighing heavily on US markets after the Euro dipped below 1.30 in overnight trading. Currently the Dow Futures are off modestly at 14 points, while the Nasdaq is slightly negative, dropping 7 points. The S&P is following the same trend down 1.75.

While the Fed statement yesterday met expectations, investors were still disappointed that it did not provide a clue or signal an intent to a return of QE. This caused a broader market sell-off with all the major indices going negative. Currently European markets are negative as traders there look at this week’s bond sales in both Italy and Europe. They are especially worried about the Italian sale due to the rapid rise in yields over the past few months.

Here in the states it is a return of political brinkmanship over something that should be bi-partisan. The payroll tax cut for millions of Americans is set to expire at the end of the year and the two parties still refuse to budge. The House GOP in their normal stubborn way decided to attach a pipeline project to the extension. Just so happens this pipeline goes right over the biggest aquifer in the country. Ask the Gulf of Mexico how that turned out.

The Democrats for their part have held up the omnibus spending bill which will cause a government shutdown in the next few days unless it is passed. Toss in a presidential veto for the House version and you have all the makings of Capitol Hill holiday cheer.

Commodities are trading to the downside this morning. Most of this is due to the strengthening of the dollar against the Euro but also on economic concerns. Gold lost another 2% as it continues its downward trend while oil slipped another 1.5%.

European markets continue to take it on the chin as their crisis, while not spinning out of control, seems to be teetering once again on the edge. Major indexes in the EU are all red in afternoon trading with the banking heavy Stoxx 600 down about a percent.

Stocks to watch today include Avon Products, Inc. (NYSE:AVP), NVIDIA Corporation (NASDAQ:NVDA), Apple Inc. (NASDAQ:AAPL), Jive Software Inc. (NASDAQ:JIVE), LiveDeal, Inc. (NASDAQ:LIVE), Endocyte, Inc. (NASDAQ:ECYT), Marriott International Inc. (NYSE:MAR).

Avon Products, Inc. (NYSE:AVP) is up 8.98% in pre market trading at $17.59. AVP trades 6.57 million shares a day on average. AVP stock has dropped more than $1 a share since last Thursday. Avon announced it will be separating the roles of CEO and chairman starting in 2012. Andrea Jung currently holds both positions. The company has a current market cap of 6.95 billion.

NVIDIA Corporation (NASDAQ:NVDA) is up 1.20% in pre market trading at $14.30. NVDA trades 17.60 million shares a day on average. NVDA has been trading lower since last Wednesday and has fallen nearly $1 a share. NVIDIA has a current market cap of 8.63 billion.

Apple Inc. (NASDAQ:AAPL) is down slightly in pre market trading at $388.62. AAPL trades 14.33 million shares a day on average. Since last Wednesday, AAPL has traded from $388 to $394 and back down again. The company has a current market cap of 361.36 billion.

Jive Software Inc. (NASDAQ:JIVE) is up 1.13% in pre market trading at $15.22. JIVE had its IPO yesterday and traded nearly 15 million shares. Will IPO fever catch with JIVE like it did for other IPOs this year or will it slowly trudge along until having a sell off? Depends on what is happening in the overall market.

LiveDeal, Inc. (NASDAQ:LIVE) closed Tuesday up 286% at $5.60. LIVE was up on heavy volume yesterday and looks to continue trading heavy volume today. LIVE jumped yesterday after the company completed equity financing. LiveDeal has a market cap of 3.87 million.

Endocyte, Inc. (NASDAQ:ECYT) closed yesterday down 65.31% at $3.57. ECYT trades 189 thousand shares a day on average. Endocyte tanked yesterday following disappointing results on its cancer therapy EC 145. A study found the drug did not extend a patient’s life. The company has a current market cap of 127.59 million.

Marriott International, Inc. (NYSE:MAR) finished Tuesday down 2.76% at $28.84. MAR trades 3.69 million shares a day on average. Marriott announced a management change as J.W. Marriott Jr. will step down from his post of Chief Executive next March. Arne Sorenson will replace him as CEO. Marriott has a current market cap of 9.67 billion.

NYSE Stocks Hitting 52-Week Lows for 11/21: ALU, WAG, CRM, AVP, LCC, TM

The market sell off continues today, though the market has rebounded slightly from its lowest point of the day. The Dow is down 254 points, the Nasdaq is down 51 points and the S&P is down 23 points. Let’s take a look at a few NYSE stocks hitting new 52-week lows today.

Alcatel-Lucent, S.A. (NYSE:ALU) is down 5% today at $1.81. ALU hit a new 52-week low of $1.78 earlier today. The stock has traded 9.7 million shares so far today, less than half its daily average. ALU has been trending lower most of the month and was as high as $2.76 a few weeks ago. The company has a current market cap of 3.94 billion.

Walgreen Co. (NYSE:WAG) is down 4.24% at $31.25 in afternoon trading. WAG hit a new 52-week low of $31.07 a earlier in the day. WAG has traded 7.4 million shares so far today and should pass its daily average of 7.9 million shares. The company has a current market cap of 27.80 billion.

Salesforce.com (NYSE:CRM) is down 2.36% today at $110.75 in afternoon trading. CRM has traded 5.1 million shares so far today, about half its usual trading volume. CRM has seen a lot of analysts upgrades to buy today after hitting a 52-week low of $105.06. The company has a current market cap of 14.93 billion.

Avon Products Inc. (NYSE:AVP) is down 0.80% at $16.70 today. AVP hit a new 52-week low of $16.45 shortly after market open. AVP has traded 4.6 million shares so far today, about 1 million short of its daily average. This is AVP’s ninth day in a row trading in the red. The company has a current market cap of 7.19 billion.

US Airways Group, Inc. (NYSE:LCC) is down 5.43% at $4.18 today. LCC hit a new 52-week low today at $4.02. Earlier today, US Airways welcomed SkyWest Airlines as regional partner. LCC has traded 3.2 million shares so far today. The stock usually trades 6.8 million shares a day. The company has a current market cap of 676.01 million.

Toyota Motor Corporation (NYSE:TM) is down 3.51% at $61.33 today. Toyota has traded 579 thousand shares so far today, 30 thousand more than its daily average. TM has been trading relatively flat until the market sell off today. The stock hit a new 52-week low of $61 today. The company has a current market cap of 96.14 billion.

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