Insiders Trading Report for April 13

Traders at the NYSEFutures are trimming some of their losses today as the market is looking like it is heading for a slight pullback after a major rally most of the week. Earnings news out the the major banks like JPMorgan and Wells Fargo is helping the market recover. The slip in the major indices this morning was due to Chinese GDP data that showed the country was not growing as fast as expected. 8.1% vs 8.3% was the number that came in overnight.

Yesterday saw the Dow have one of its best days of the year thanks to earnings news. The Dow closed up 181, the Nasdaq 39 and the S&P added 19. [Read more...]

Insiders Trading Report for April 12

Traders at the NYSEAfter 5 day losing streak, Alcoa’s earnings beat helped snap Wall Street out of its doldrums yesterday. The market gapped higher and traded in a range from there. Investors are becoming more optimistic that earnings season will be a boon for the bulls. Those investors hoping for further Fed stimulus may be out of luck for the time being if there continues to be improving macro data along with earnings.

The Dow closed up 86 points yesterday. The Nasdaq and S&P added 25 and 10 points respectively. Today’s big earnings report will be after the bell when Google reports. Definitely one to watch to see how the giant tech stock is faring. [Read more...]

Insiders Trading Report for April 11

Market newsAfter yesterday’s route, the markets are getting relief thanks to Alcoa’s earnings beat. Right now the futures are rallying across the board as investors digest the news. Even Europe has stabilized with Italian and Spanish bond yields dropping. Yesterday had investors dreading earnings season, now it seems as if optimism has returned to the Street. [Read more...]

Insiders Trading Report for April 4

Traders at the NYSEThe ADP report couldn’t save stocks yesterday. European concerns that were shrugged off last week came back with a vengeance. The anemic Spanish bond auction sent the broader market reeling. The ISM services miss also did not help the cause of the bulls and sent the bears stampeding through the major indices.

While growth concerns are creeping back into the market, the focus will be on the jobs report. If labor strength continues, the US markets could end up decoupling from European markets and continue higher.

The Dow closed down 125 points yesterday. The Nasdaq and S&P 500 both closed down 45 and 14 respectively. [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 28

Investors at the NYSEStocks finished negative yesterday as investors took a step back following economic data and global worries. Economic data gave traders pause as durable goods orders rose less than expected at 2.2% in February. Analysts were expecting a 3% increase.

Europe continues to be in the headlines as Spain may have entered into its second recession in three years. As usual, political leaders, specifically the Italian prime minister, are not worried about economic troubles from another european country affecting the EU.

This news sent the Dow down 71 points, the Nasdaq down 15 points and the S&P 500 down 7 points. [Read more...]

After Hours Report on March 28

Wall StreetThe major stock indices closed down about 0.5% as worries about the global economy continue. Economic data close to home was negative as durable goods orders rose less than economists expected at 2.2%. Economists were expecting 3%.

Economic growth contracted more than expected in the UK for the fourth quarter. Loan growth for the private sector also slowed in the euro zone in February.

The Dow closed the day down 71 points, the Nasdaq down 15 points and the S&P 500 down 7 points. [Read more...]

Sellers Report – Insiders Selling These Stocks For March 27

Traders at the NYSEThe Fed gave the market quite a jolt yesterday morning when he uttered the word ‘stimulus’. Once in the mind of investors, it sent the market soaring. Every major index closed up better than a percent.

This was set against the backdrop of yet another data miss. Pending home sales dipped on expectations of a rise from January to February. Lends credence to Bernanke’s call for more stimulus. [Read more...]

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