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Stocks In The Green This Morning: DMAN, AFFY, CEDC, PSUN, DANG, PEIX

The stock market is lower this morning as investors keep a close eye on Europe ahead of their EU summit on Friday. Today the ECB cut a key interest rate down to 1%, but said there is no plan for large scale government bond purchases. Some good news from the jobs market has helped the markets not sell off as much. Jobless claims fell to a 9-month low last week as weekly applications dropped by 23,000 to a seasonally adjusted 381,000.

The Dow is down 66.72 points today, the Nasdaq is down 16.64 points and the S&P is down 10.30 points. Here’s six stocks well into the green so far this morning.

DemandTec, Inc. (NASDAQ:DMAN) is up 55.28% this morning at $13.09. DMAN has traded 13.6 million shares so far today, well above its daily average of just 265 thousand shares. DMAN is up today after IBM said it plans to buy DMAN for $440 million in cash. DemandTec has a market cap of 436.03 million.

Affymax, Inc. (NASDAQ:AFFY) is up 35.03% this morning at $7.91. AFFY has traded 8.2 million shares so far today, more than 10 times its daily average. AFFY stock is soaring this morning after a government panel voted 15-1 to recommend U.S. approval for the company’s anemia drug. AFFY has jumped more than $2.50 a share over the past five trading days. The company has a market cap of 274.05 million.

Central European Distribution Corp. (NASDAQ:CEDC) is up 17.03% today at $5.98. CEDC has traded 1.7 million shares so far this morning and trades 2.5 million shares a day on average. CEDC is up today after Russian Standard Vodka offered to buy another 19.9% stake in the company. Central European Distribution has a market cap of 422.63 million.

Pacific Sunwear of California Inc. (NASDAQ:PSUN) is up 25.19% this morning at $1.69. PSUN has traded 2.2 million shares so far today, more than 4 times its daily average. PSUN announced it will be closing up to 200 under performing stores across the U.S. The company also announced it will get a five year, $60 million secured-term loan from Golden Gate Capital. Pacific Sunwear has a market cap of 107.48 million.

E Commerce China Dangdang Inc. (NYSE:DANG) is up 10.75% at $5.14 this morning. DANG has traded 985 thousand shares so far today and trades 1.9 million shares on average. The company has a current market cap of 400.31 million.

Pacific Ethanol Inc. (NASDAQ:PEIX) is up 5.51% today at $1.34. PEIX has traded 2.2 million shares so far today and trades 8.3 million shares a day on average. Over the past four trading days, PEIX has fallen from $1.60 to below $1.25. Pacific Ethanol has a market cap of 102.08 million.

Stocks End The Day Higher With SCEI, ZOOM, AFFY, SFI, BAC, C, MS Up On The Day

Stocks closed higher today as news that leaders of France and Germany agreed on a European debt plan that they claim would restrict future deficits while protecting the euro zone from future financial crises. The plan would require a new treaty signed by all 17 nations using the euro and leaders would like the entire 27 country EU to sign it. Stocks came off their session highs in late trading though after Standard & Poor’s put the top 6 euro zone countries on credit watch negative. This means there is a 50% chance of a downgrade within the next three months. The Dow ended the day up 78 points, the Nasdaq was up 28 points and the S&P was up 12 points.

Here’s a quick look at stocks that followed the market higher today.

Sino Clean Energy Inc. (NASDAQ:SCEI) closed the day up 27.27% at $1.40 with an intraday high of $1.47. SCEI traded 1.3 million shares today, well above its daily average of 242 thousand shares. Sino is up today after trading slightly lower the previous four trading sessions. Sino Clean Energy has a market cap of 32.96 million.

Zoom Technologies, Inc. (NASDAQ:ZOOM) closed Monday up 24.39% at $1.53. ZOOM traded 1.6 million shares today, way above its daily average of 191 thousand shares. ZOOM has been rising steadily for the past four trading sessions now and moved from $0.80 to $1.53 in that time period. Zoom has a current market cap of 34.14 million.

Affymax, Inc. (NASDAQ:AFFY) closed the day up 19.24% at $6.26. AFFY traded 4.2 million shares today, five times its daily average volume. AFFY is up today after the FDA gave a favorable review to the company’s experimental anemia drug. Affymax has a market cap of 223.67 million.

iStar Financial Inc. (NYSE:SFI) closed the day up 16.70% at $6.22. SFI traded 2.1 million shares today, nearly double its daily average volume. SFI has been trending higher over the past week with big intraday moves every day. iStar Financial has a current market cap of 509.52 million.

Bank of America Corporation (NYSE:BAC) finished Monday up 2.66% at $5.79. BAC traded 290 million shares today, 20 million shares more than its daily average. BAC has been trending higher over the past week now since borrowing rates for banks were reduced last week. Bank of America has a current market cap of 58.69 billion.

Citigroup, Inc. (NYSE:C) closed up 5.89% today at $29.83. C traded 80 million shares today, well above its daily average volume of 56.9 million shares. C has been trending higher along with most banking stocks after last week’s rally. Citigroup has a market cap of 87.21 billion.

Morgan Stanley (NYSE:MS) closed Monday up 6.77% at $16.57. MS traded 66 million shares today, nearly double its daily average. MS continues to rally with the market as investors are hopeful for a solution in Europe soon. MS is up more than $3 in the past week of trading. Morgan Stanley has a current market cap of 31.94 billion.

Stocks Moving in Early Trading for 11/25: C, GE, JPM, ROYL, PWRD

Stocks rallied quickly this morning after opening in the red. Investors are hoping to end today’s shortened session in positive territory. Today’s is the biggest shopping day of the year as consumers flock to stores to get good deals on Black Friday. Economists are hoping for good holiday sales data, but consumers may be bargain shopping only this holiday season.

Each of the major stock indexes are up more than 0.5% today with the Dow gaining 90 points, the Nasdaq up 13 points and the S&P is up 9 points. Early stock movers today include Citigroup Inc. (NYSE:C), General Electric Company (NYSE:GE), JPMorgan Chase & Co. (NYSE:JPM), Royale Energy, Inc. (NASDAQ:ROYL) and Perfect World Co., Ltd. (NASDAQ:PWRD).

Citigroup Inc. (NYSE:C) is up 3.62% in early trading today at $24.37. Citi is rallying some today after trending lower for much of November and was trading at $35 at the end of October. C has traded 7.08 million shares so far today and trades on average 59.83 million shares. The company has a current market cap of 71.13 billion.

General Electric Company (NYSE:GE) is up 1.83% at $15.00 in early trading today. GE is following the overall market trend higher today to end the week. GE trades around 61.08 million shares on average daily and has traded 4.95 million shares so far today. The company has a current market cap of 158.47 billion.

JPMorgan Chase & Co. (NYSE:JPM) is up 2.36% today at $29.05. JPM has traded 4.83 million shares so far today and trades 44.09 million shares a day on average. This rally is welcome today as JPM has fallen nearly $2 in the past 4 trading sessions. The company has a current market cap of 110.32 billion.

Royale Energy, Inc. (NASDAQ:ROYL) is up 18.66% at $4.58 in early trading today. ROYL has traded 861 thousand shares today and usually trades only 539 thousand shares a day. The stock gaped up this morning as well from its previous close of $3.86 and opened at $4.27. The company has a current market cap of 49.51 million.

Perfect World Co., Ltd. (NASDAQ:PWRD) is up 10.74% at $10.21 today. PWRD has traded 332 thousand shares so far today and trades 904 thousand shares on average. PWRD is rallying today after following the market downtrend for the past week or so. PWRD was trading as high as $13 last week. The company has a current market cap of 458.56 million.

Jim Rogers – Short Stocks, Long Commodities

Jim Rogers was on CNBC today and told them that the recent decline in commodity prices is ‘artificial.’

“With MF Global going bankrupt – which was a gigantic commodities firm – there was a lot of artificial forced liquidation of commodities. People have to sell whether they like it or not. It’s artificial selling right now,” Rogers said.

Rogers goes on to say the drop isn’t all that surprising, “This happened before in 2008, when Lehman and AIG went bankrupt, they were both huge in commodities and everybody had to sell,” he said.

Rogers remains extremely bullish on commodities and thinks investors can benefit whichever way the global economy goes.

“I’m long commodities and currencies, because if the world gets better, the shortages in commodities will make sure I make money; if the world economy doesn’t get better, I’d rather own commodities because they’re going to print money,” Jim Rogers said.

Rogers says he has used this most recent drop in commodities to buy up agricultural commodities, and is waiting for gold to go down more before adding to his position.

Rogers is very bullish on stocks right now saying, “This is like the 1970s, in the 1970s stocks did nothing. Commodities went through the roof. I’m short stocks and long commodities for the most part.”

Rogers also owns the Euro because “everyone is beating it down so badly and the US dollar too.”

Jim Rogers has a reputation of being one step ahead and has predicted the fall of the U.S. dollar many times because of the continual printing of money by the Fed.

Morning Gainers for 11/22: LNG, FMCN, SPRD, ZLC, GCO, BKS

Stocks are trading slightly lower this morning after GDP was revised to 2% from a previous estimate of 2.5%. The Dow is down 32 points, the Nasdaq is down 0.31 points and the S&P is down 1 points. The debt committee failure is also weighing on investors as well as the continued debt crisis in Europe. Let’s take a look at a few stocks posting gains in early trading.

Cheniere Energy, Inc. (AMEX:LNG) is up 7.49% at $12.34 this morning. LNG has traded 3.8 million shares so far today and is about to pass its daily average of 3.87 million shares. The company announced 20-year LNG (liquefied natural gas) sale and purchase. The company has a current market cap of 993.02 million.

Focus Media Holding Ltd. (NASDAQ:FMCN) is up 7.45% at $16.58 in morning trading. The company denies Muddy Water allegations that send the stock cratering yesterday. Focus Media also announced today they will continue repurchasing shares. FMCN has traded 14.5 million shares so far today, triple its daily average.

Spreadtrum Communications Inc. (NASDAQ:SPRD) is up 3.17% at $24.40 this morning. SPRD has traded 767 thousand shares so far this morning and trades on average 1.3 million shares daily. SPRD is trying to bounce back today after falling from $29 late Friday to less than $24 yesterday. The company has a current market cap of 1.15 billion.

Zale Corporation (NYSE:ZLC) is up 8.99% at $3.88 this morning. ZLC has traded 311 thousand shares so far today and is looking to beat its daily average of 747 thousand shares. Zale’s is up on strong quarter results today as the company reported a loss of $0.99, which was less than analysts expectations of $1.42. The company has a current market cap of 121.25 million.

Geneseco Inc. (NYSE:GCO) is up 5.08% at $58.94 this morning. GCO is up on above average volume with 343 thousand shares traded so far today. The stock averages 399 thousand shares in volume daily. GCO released earnings today with EPS $1.21, $0.25 better than estimates. The company also raised FY2012 EPS above consensus. The company has a current market cap of 1.42 billion.

Barnes & Noble, Inc. (NYSE:BKS) is up 4.67% at $18.16 in early trading. BKS has traded 523 thousand shares so far today and trades on average 1.2 million shares. BKS has been trending higher the past 5 days moving from $15.50 to over $18. The company has a current market cap of 1.04 billion.

Stocks Hitting New 52-Week Highs for 11/21: ANDS, HSTM, IDIX, INHX, SPPI

Despite the stock market being deep in the red, there are stocks hitting new 52-week highs today. These stocks including Anadys Pharmaceuticals, Inc. (NASDAQ:ANDS), Healthstream Inc. (NASDAQ:HSTM) Idenix Pharmaceuticals, Inc. (NASDAQ:IDIX), Inhibitex, Inc. (NASDAQ:INHX) and Spectrum Pharmaceuticals, Inc (NASDAQ:SPPI).

Anadys Pharmaceuticals Inc. (NASDAQ:ANDS) is unchanged right now at $3.69, but did hit a new 52-week high earlier today at $3.70. ANDS has traded 206 thousand shares so far today and on average trades 253 thousand shares. The company has a current market cap of 211.95 million.

Healthstream Inc. (NASDAQ:HSTM) is up 0.39% at $17.83. Earlier today, Healthstream hit a new 52-week high at $18.30. HSTM has traded 350 thousand shares today, well above its daily average of 143 thousand shares. The company has a current market cap of 396.24 million.

Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) is down 1.48% at $7.30 after hitting a new 52-week high at $8.05 shortly after market open. Pharmaceutical companies have been seen extremely volatile trading today after the buyout of Pharmasset by Gilead for $11 billion. IDIX has traded 1.05 million shares so far today, well above its daily average of 651 thousand shares. The company has a current market cap of 698.07 million.

Inhibitex, Inc. (NASDAQ:INHX) is up 19.93% today at $10.69. INHX hit a new 52-week high at $11.98 shortly after the opening bell. INHX has traded 8.8 million shares today, about 8 times its daily average. The company has a current market cap of 836.95 million.

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) is up 6.24% at $12.93. SPPI hit a new 52-week high at $13.00 earlier today. The FDA approved the removal of the bioscan requirement for the company’s drug Zevalin. The stock has traded 1.6 million shares so far today, 600 thousand more than its daily average. The company has a current market cap of 737.09 million.

Stocks Trading Flat on the Stock Market Today, ECB Buys Italian and Spanish Debt

Stocks are trading flat today with the major indexes moving only slightly. The Dow is up 28 points right now, the Nasdaq is down 11 and the S&P is unchanged. Friday’s are notorious for being slow days as investors take a break for the weekend. Not a lot going on news wise today as Europe continues to be on investors’ minds. The ECB purchased Italian and Spanish debt today which gave the markets some comfort.

People in Spain are heading to the polls this weekend as they vote for their government leaders. Spain is becoming the new focal point for the European debt crisis and if they don’t get their debt under control they may need a bailout as well. The center-right opposition party is favored to win Sunday’s election, but will have little time to bask in their victory as they will need to begin implementing austerity measures immediately.

News closer to home is good today as data is suggesting the risk of recession is low. An index of leading economic indicators grew by 0.9% in October the largest such growth since February. Across the 10 indicators that make up leading economic indicators, 9 of them were positive. These include building permits, the interest-rate spread, average weekly manufacturing hours, stock prices, the real money supply, average weekly claims for unemployment-insurance benefits, consumer expectations, manufacturers’ new orders for consumer goods and materials, and manufacturers’ new orders for nondefense capital goods.

Overall, expect the rest of the day to be slow unless there is breaking news. Next week should also be slow with Thanksgiving holidays later in the week.

3 NYSE Stocks Up as Wall Street Rallies Following Eurozone Deal

Wall Street is having a big time rally this morning following news of a euro zone deal. The Dow is up more than 240 points right now at 12,117, the Nasdaq is up over 50 points at 2,701 and the S&P 500 is up 27 points at nearly 1,270.

The deal that European leaders struck with private banks on Thursday will see banks accept a 50% loss on holdings of Greek government bonds. This is part of their plan to lower Greece’s current debt burden and contain the euro zone debt crisis.

Greece will see its debt burden reduced by 100 billion euros with its debt being 120% of GDP by 2020 versus 160% now. The euro zone will also be offering “credit enhancements” to the private sector totaling around 30 billion euros. The total value of the deal will be 130 billion euros.

Let’s take a look at a few NYSE stocks that are rallying with the market today.

SolarWinds, Inc. (NYSE:SWI) is up nearly 15% at $27.54 today and was as high as $28.19 earlier this morning. SWI is up on above average volume with over 1.5 million shares traded so far today, above its daily average of 1 million shares.

Cabot Oil & Gas Corporation (NYSE:COG) is up 15% at $76.81 with an intraday high of $79.35. COG is rallying after analysts’ remarks that the company’s production target for 2012 of 45% to 55% looks conservative. COG has traded over 3 million shares this morning, about 50% more than its daily volume.

Shares of Terex Corporation (NYSE:TEX) are up 14% at $17.16. TEX announced third quarter results on Wednesday that beat expectations and the company also announced it is raising its 2011 sales outlook. TEX has traded over 4.5 million shares so far today.

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