Hot Stocks to Watch: NFEC, RCON, COG, SGOC, SWI, AMRN

Wall Street signStocks are holding their gains this morning despite mixed economic reports. Pending home sales saw a 4.1% jump in March to a level it hasn’t seen in two years. Worries over the jobs report has kept gains in check though this morning. New unemployment claims fell 1,000 last week to a seasonally adjusted 388,000 according to the Labor Department. Analysts were expecting 375,000. What has investors worried though, is the four week moving average jumped to 381,750. The highest it has been since January.

The Dow is currently up 45 points, the Nasdaq is up 9 points and the S&P 500 is up 2 points. [Read more...]

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 Selling Report for April 9

Traders at the NYSEDuPont Fabros Technology, Inc. (NYSE:DFT) fell 0.08% on Thursday at $24.06. DFT traded 502 thousand shares on Thursday and trades 949 thousand shares a day on average. Hossein Fateh (President and CEO) sold 36,727 shares at $24.50 on April 2.

athenahealth, Inc. (NASDAQ:ATHN) closed Thursday down 0.96% at $71.99. ATHN traded 647 thousand shares, well above its daily average of 506 thousand shares. Daniel Orenstein (SVP) sold 2,143 shares at $74.23 on April 5. [Read more...]

Poor Housing Data Can’t Stop Today’s Rally, NYSE Stocks to Watch

The NYSE BullPending home sales took an unexpected dip in February, slipping 0.5% to 96.5 on the National Association of Realtors Pending Home Sales Index. This drop shows a poor start for home selling heading into spring. Economists were expecting a 1% jump after a 2% jump in January.

The warm winter could also be skewing housing numbers as home sales saw unexpected jumps earlier in the year. Analysts are still waiting to see the housing industry recover as it was one of the worst hit from the 2008 economic crisis. Improvements in the jobs market and lower home sales should lead to some noticeable improvements later this year, hopefully.

Stocks are holding up after this poor news from the housing sector thanks to remarks from Ben Bernanke.

In late morning trading, the major stock indices are up 1% or more. [Read more...]

Midday Movers for 2/7: MNI, SWI, SPF, BVSN, NGSX, BPAX

Stocks have recovered from early losses today as investors continue to eye Europe and Greece specifically. Ben Bernanke is testifying before Congress right now and has reiterated his vow to protect the U.S. from Europe fallout. Whether or not he can actually follow through with his promise remains to be seen, but investors like what they are hearing. While the major indices opened the day lower, they are now rallying into positive territory. The Dow is up 31 points, the Nasdaq is up 5 points and the S&P is up 2 points.

McClatchy Company (NYSE:MNI) is up 24.55% today at $2.79. MNI has traded 2.1 million shares so far today, nearly double its daily average. MNI shares are up today thanks to positive fourth quarter results from the company. Net income rose to $42 million compared to $15.7 million a year ago. The company has a market cap of 238.28 million.

Solarwinds, Inc. (NYSE:SWI) is up 9.56% in midday trading at $36.45. SWI has traded 2.5 million shares today, more than double the stock’s daily average. Solarwinds is rallying today after fourth quarter results. Solarwinds beat estimates by $0.04 and beat on revenue. The company reported EPS of $0.29 per share and revenue rose 34.3% from last year to $55.6 million. The company has a market cap of 2.66 billion.

Standard Pacific Corp. (NYSE:SPF) is up 16.42% today at $4.71. SPF has traded 8.5 million shares so far today, 4 times its daily average. Standard Pacific is rallying today after posting strong quarter results. The ocmpany beat estimates on earnings and revenue. SPF reported net income of $15.3 million and $293.16 million in revenue. The company has a market cap of 939.17 million.

BroadVision, Inc. (NASDAQ:BVSN) is down 10.65% in midday trading at $35.25. BVSN has traded 1.5 million shares today, well above its daily average of 344 thousand shares. BVSN shares are dipping today after climbing about $20 a share since last Wednesday. The company has a market cap of 156.72 million.

NeurogesX, Inc. (NASDAQ:NGSX) is down 22.14% today at $0.8970. NGSX has traded 1.7 million shares today, 8 times its daily average. NGSX shares are down today after FDA staff says patch for HIV pain might not work. The company has a market cap of 26.42 million.

BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) is down 15.24% today at $0.89. BPAX has traded 23.2 million shares so far today, 4 times its daily average. BPAX shares are falling today after the stock rose more than $0.40 over the past week. The company has a market cap of 99.02 million.

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