Stocks End Day Mostly Lower as Fed Extends Operation Twist, Stock Gainers: REE, ENZ, AMRS, BONT, PCX, JBL

Wall StreetTwo of the three major stock indexes ended lower today as the Federal Reserve extends its bond buying program (Operation Twist). Some investors were hoping for more aggressive methods to help boost economic growth as the debt crisis in Europe continues and the jobs market appears weaker in the U.S. Ben Bernanke did say the Fed is ready and able to do more, but offered little details on what that may be. Sign Up For Free Stock Alerts

The Dow finished the day down about 13 points, the Nasdaq up less than 1 point and the S&P 500 down 2 points. [Read more...]

Insiders Trading Report for Apr. 3

Traders at the NYSEIf traders were looking for a sign of QE3 yesterday they were sorely disappointed. The release of the FOMC minutes showed that the Fed would exercise caution in regards to further easing. The release of minutes sent the precious metals market tumbling and snapped the Dow’s three-day winning streak.

The Dow closed down 65 points to 13,200. Tech stocks fared better with the Nasdaq only down 6 points at the close, and the S&P matched those declines.

Opko Health, Inc. (NYSE:OPK) closed Tuesday down 1.03% at $4.81. OPK saw above average volume today with over 2 million shares traded. Phillip Frost (CEO & Chairman) bought 45,000 shares at $4.68 on April 2. [Read more...]

Insiders Trading Report for March 27

Traders at the NYSEStocks turned negative a day after their sharp rally. While some was profit taking after the recent run up, two data points came in as misses. The Dow closed down yesterday nearly 44 points to 13,197. The Nasdaq ended the day essentially flat, down just over 2 points to 3,120.35. Rounding out the mostly flat day was the S&P 500, down almost 4 points to 1,412.

Decliners lead advancers marginally across the major indices. The two major economic data points that were released Tuesday both missed expectations to the downside. Consumer confidence printed a 70.2 down from a 71.6. The Case Shiller Home Price Index hit a 9-year low as housing prices just refuse to recover. [Read more...]

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