Monthly Archives: December 2011
This Morning’s Most Active Options Trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE AA 4/21/12 9.0000 2776 0.9300 up 0.1800 AAPL 12/23/11 390.0000 1697 2.6200 up 1.7000 BPAX 1/21/12 5.0000 1600 0.0500 up 0.0000 BAC 1/21/12 6.0000 1588 0.0700 dn 0.0100 MS 1/21/12 17.5000 1322 0.1700 dn 0.0100 QCOM 1/21/12 55.0000 1314 0.9100 up 0.3600 ORCL 12/23/11 29.0000 1007 0.8400 up 0.2600 DTV 1/21/12 42.0000 1000 1.5000 up 0.1900 MS 1/21/12 20.0000 1000 0.0600 up 0.0100 BAC 1/21/12 5.0000 981 0.3500 up 0.0000 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE TRGT 5/19/12 7.5000 2000 2.5000 up 0.3400 BAC 1/21/12 5.0000 1309 0.2900 dn 0.0800 BAC 12/23/11 5.0000 1230 0.0800 dn 0.0700 CVS 1/21/12 37.0000 1036 0.5500 dn 0.9200 TRGT 5/19/12 10.0000 1000 4.7000 up 0.5000 AAPL 12/23/11 385.0000 618 1.5500 dn 3.7000 CVS 1/21/12 33.0000 607 0.1300 dn 0.0800 DB 1/21/12 27.5000 526 0.4000 dn 0.1000 JPM 1/21/12 30.0000 518 0.9300 dn 0.4300 GT 1/21/12 12.5000 505 0.4000 dn 0.1000 -VOLUME- CALLS PUTS TOTAL 255348 192844 448192
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/21/12 6.0000 488 0.0800 up 0.0000 BAC 12/23/11 5.0000 403 0.1900 up 0.0500 MO 1/21/12 29.0000 235 0.7000 up 0.2000 BAC 5/19/12 6.0000 218 0.4100 up 0.0100 AA 4/21/12 9.0000 200 0.9300 up 0.1700 AAPL 12/23/11 390.0000 183 2.7100 up 1.8100 BAC 1/21/12 5.0000 122 0.3600 up 0.0200 GM 1/21/12 19.0000 118 1.2900 up 0.2700 CVS 1/21/12 38.0000 110 1.3000 up 0.7600 BAC 2/18/12 7.0000 100 0.0500 dn 0.0100 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 12/23/11 5.0000 722 0.0800 dn 0.0900 JPM 1/21/12 33.0000 442 2.1500 dn 0.9000 XOM 1/21/12 80.0000 400 1.5500 dn 0.6600 BAC 5/19/12 6.0000 252 1.3200 dn 0.0900 DD 1/21/12 43.0000 200 0.9000 dn 0.3800 JPM 1/21/12 30.0000 170 0.8900 dn 0.4700 YHOO 1/21/12 14.0000 105 0.4000 dn 0.1000 HD 1/21/12 42.0000 100 1.2900 dn 0.7600 ORCL 12/23/11 27.0000 99 0.1000 dn 0.1000 AMZN 2/18/12 165.0000 89 6.2600 dn 1.1400 -VOLUME- CALLS PUTS TOTAL 13516 15495 29011Comments »
This Morning’s Money Flows, Heat Map, & A/D Line
Money Flows
ISSUE GAINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
SPDR S&P 500 SPY ARCA 123.00 +85.0 1.24
PwrShrs QQQ Tr Series 1 QQQ NASD 55.49 +35.1 1.88
iShrs Tr MSCI EAFE EFA ARCA 48.70 +31.1 2.76
Google GOOG NASD 630.67 +24.9 1.37
Intel INTC NASD 23.76 +14.0 1.87
General Electric GE NYSE 17.27 +11.8 1.62
Caterpillar CAT NYSE 90.34 +9.3 1.33
Lowe's Cos LOW NYSE 25.38 +9.2 2.55
Select Sector SPDR-Finl XLF ARCA 12.56 +9.1 1.65
Procter & Gamble PG NYSE 65.63 +8.4 1.81
pricelinecom PCLN NASD 472.88 +8.2 1.26
Bristol-Myers BMY NYSE 34.70 +7.4 3.61
Amazoncom AMZN NASD 181.94 +7.3 1.19
Verizon Communications VZ NYSE 38.95 +7.1 1.83
VISA (Cl A) V NYSE 99.89 +6.9 1.48
iShrs Russell 2000 IWM ARCA 72.97 +6.8 1.14
American Capital Agency AGNC NASD 27.88 +6.6 1.81
Microsoft MSFT NASD 25.89 +6.2 1.28
VF Corp VFC NYSE 130.50 +6.1 3.35
Berkshire Hathaway B BRK/B NYSE 75.02 +6.1 1.49
ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Apple AAPL NASD 388.90 -44.7 0.83
IBM IBM NYSE 186.18 -19.2 0.60
Qualcomm QCOM NASD 53.39 -13.1 0.61
McDonald's MCD NYSE 98.28 -11.8 0.57
ExxonMobil XOM NYSE 81.35 -11.2 0.72
Chevron CVX NYSE 102.93 -10.5 0.59
Target Corp TGT NYSE 51.66 -8.9 0.40
AT&T T NYSE 28.86 -7.8 0.70
Coca-Cola KO NYSE 68.00 -7.6 0.64
SAP AG SAP NYSE 55.79 -7.5 0.40
CVS Caremark CVS NYSE 38.36 -7.2 0.80
Halliburton HAL NYSE 32.23 -6.9 0.65
Oracle ORCL NASD 29.20 -6.7 0.77
Home Depot HD NYSE 41.39 -6.5 0.70
Sensient Tech SXT NYSE 37.36 -6.4 0.05
Pfizer PFE NYSE 21.26 -6.4 0.72
Philip Morris Intl PM NYSE 76.24 -6.1 0.61
Cobalt Intl Engy CIE NYSE 12.26 -6.1 0.38
Goldman Sachs GS NYSE 88.82 -5.8 0.86
PepsiCo PEP NYSE 65.09 -5.1 0.46
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52 Week Highs and Lows This Morning
NYSE
New Highs 63 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Alexandria Real Estate C AREpC 26.46 9,321 AllianceBrnstn IncoFd ACG 8.19 85,756 Altria Group Inc MO 29.70 1,412,693 Assd Banc-Corp.8.00%Pfd ABWpB 25.07 2,000 Blackrock Core Bond Tr BHK 13.54 17,430 BlackRock Long-Term Muni BTA 11.80 13,003 Boston Beer SAM 106.95 10,269 Bristol-Myers BMY 34.71 899,361 Consolidated Edison ED 60.41 294,119 Cross Timbers Royalty Tr CRT 49.17 5,700 DTE Energy DTE 53.06 141,357 Digital Realty Trust DLR 66.30 115,741 Duff & Phelps DNP 11.15 71,400 Duff & Phelps Utl & Cp Bd DUC 12.04 10,411 Duke Energy DUK 21.24 1,007,430 Education Realty Trust EDR 9.85 51,324 Elan Corp ELN 12.85 652,333 EnbridgeEnergy EEQ 33.01 7,978 Entergy Arkansas 2040 EAA 27.46 2,130 Federal Realty Inv Trust FRT 91.99 26,180 GNC Holdings A GNC 28.93 139,578 Gazit-Globe GZT 9.55 184,033 Heckmann HEK 7.05 526,526 Home Depot HD 41.50 2,650,338 Inv CA Ins Tr IIC 14.98 8,134 Inv Vn Km Inv Grd VGM 14.84 15,392 Kinder Morgan Energy KMP 81.10 82,257 Kinder Morgan Mgmt KMR 74.82 21,733 Main Street Capital MAIN 20.33 19,956 Mangd Durtn InvGr Mun Fd MZF 14.82 5,394 Michael Kors Holdings KORS 25.60 394,229 Monmouth Real Es Inv Cl A MNR 9.07 15,254 Nuveen CA Div Fnd NAC 14.18 6,049 Nuveen CA Investment NQC 14.64 3,655 Nuveen CA Muni Mkt NCO 14.66 2,386 Nuveen CA Performance NCP 14.74 3,630 Nuveen Insured Premium NNF 15.53 2,882 Nuveen NY Performnce Plus NNP 15.28 5,938 OGE Energy OGE 55.56 57,823 ONEOK Partners OKS 57.05 43,408 Philippine Long Distance PHI 59.07 33,833 PIMCO CA PZC 9.75 3,491 PIMCO NY Fd PNF 10.97 3,818 PionrMuniAdv Tr MAV 14.21 18,865 Pionr Muni HI Tr MHI 14.68 4,056 Plains All Amer Pipeline PAA 70.50 57,547 Public Storage Pfd Q PSApQ 27.60 6,526 RSC Hldgs RRR 18.50 276,898 Sally Beauty Hldgs SBH 21.17 117,572 Scana 7.70%Sers A SCU 29.10 1,700 Southern SO 44.96 617,734 Southwest Gas SWX 40.81 7,678 Systemax SYX 17.74 2,544 Tanger Factory Outlet Ctr SKT 29.25 28,117 Telephone & Data Sys Nts TDE 26.20 498 Thermon Group Holdings THR 17.63 9,958 Verizon Communications VZ 39.14 2,518,459 VISA (Cl A) V 99.93 678,518 Vornado Realty Tr Pfd J VNOpJ 26.75 1,399 Wstrn Asset Muni Ptnrs Fd MNP 15.13 5,029 Western Gas Partners LP WES 40.89 32,379 Wisconsin Energy WEC 34.20 257,876 Xcel Energy XEL 26.70 372,275 New Lows 9 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ China Mng Yng Wnd Pwr ADS MY 1.18 279,511 Citigroup Inc. Wt 2018 C/WS/B 0.04 389,342 GMX Res 9.25% Cum pfd B GMXRp 11.00 5,250 Gafisa GFA 4.61 1,216,888 Mahanagar Tel MTE 0.81 19,614 PPLUS 7.00% TRUCss SPR-1 PYG 16.50 2,047 PLUS 5.75% Sers GSG-2 PYB 21.27 800 Sanchez Energy SN 17.78 13,951 6.125% SATURN GS Cap I HJN 21.26 1,200 NASDAQ
New Highs 15 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ American Software (Cl A) AMSWA 9.18 7,550 bebe stores BEBE 8.40 16,002 CalAmp CAMP 4.80 22,299 Carrols Restaurant Group TAST 11.38 12,813 CryptoLogic CRYP 2.34 42,515 Deltek PROJ 9.72 5,762 Golar LNG Partners LP GMLP 30.25 5,303 Huron Consulting Group HURN 39.13 34,454 InfoSpace INSP 10.70 25,335 PETsMART PETM 51.32 131,009 SonoSite SONO 53.86 35,176 Team TISI 29.54 17,475 TripAdvisor TRIPV 30.62 261,953 Winmark WINA 58.23 318 World Acceptance WRLD 71.34 11,156 New Lows 26 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ ApplEntrgtcs AERG 0.05 173,035 Birner Dental Mgmt BDMS 15.00 2,190 Career Education CECO 6.28 360,241 Citizens South Banking CSBC 2.90 6,900 DRI TBUS 0.17 12,500 Dixie Group DXYN 2.76 300 EntreMed ENMD 1.09 1,871 Euro Tech Hldgs CLWT 0.39 1,000 Galena Biopharma GALE 0.36 123,645 Geron GERN 1.40 402,929 Guanwei Recycling GPRC 0.70 9,576 Kingtone Wrlssnf Sol Hldg KONE 0.39 40,500 MediciNova MNOV 1.80 3,360 Network Equip Tech NWK 1.07 21,258 Nortech Sys NSYS 2.49 1,995 Pinnacle Airlines PNCL 0.85 207,107 Quantum Fuel Sys Techs QTWW 0.70 99,072 RPX RPXC 11.02 55,330 Spire SPIR 0.62 500 support.com Inc SPRT 1.63 33,622 Targacept TRGT 5.64 1,023,128 Telik TELK 0.18 161,470 Tengion TNGN 0.34 12,300 Tudou Holdings ADS TUDO 10.03 2,500 Vermillion VRML 1.08 23,780 Zogenix ZGNX 1.31 73,174
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Santa Aligns the Stars For U.S. Equities; Massive Rally on the Open
Not 15 minutes in and we are up 245 bones on the DOW. A strong Euro, Spanish bond auctions, good data from Germany, and great housing starts in the U.S. get the markets roaring.
[youtube://http://www.youtube.com/watch?v=bSc8n9ku-vI&feature=related 450 300]
How Your Tax Dollars Were Spent in 2011
Richard Russell Gives Bearshitters Something to Nosh on During Hibernation
ECB = Lehman…. in a Manner of Speaking
The ECB has more debt on their balance sheet than the Fed. Currently they are holding $3.2 trillion with leverage to the tune of 30…almost the same situation as Lehman.
Comments »Eurozone Data May Produce a Surprise for Investors….and Not a Bad One
Update on Global CDS
Update on European Yields
Upgrades and Downgrades This Morning
| Company | Date | Analyst | Action | From | To |
|---|---|---|---|---|---|
| BRISTOW GROUP (BRS) |
12/19/2011 | Barclays Capital | Reiterated | Equal Weight | |
| BAKER-HUGHES (BHI) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| PATTERSON-UTI (PTEN) |
12/19/2011 | Barclays Capital | Upgraded | Equal Weight | Overweight |
| DIAMOND OFFSHOR (DO) |
12/19/2011 | Barclays Capital | Downgraded | Equal Weight | Underweight |
| ZYNGA INC (ZNGA) |
12/19/2011 | Hudson Square Research | Initiated | Buy | |
| REPUBLIC AIRWAY (RJET) |
12/19/2011 | Maxim Group | Initiated | Hold | |
| SKYWEST INC (SKYW) |
12/19/2011 | Maxim Group | Initiated | Hold | |
| PINNACLE AIRLNS (PNCL) |
12/19/2011 | Maxim Group | Initiated | Sell | |
| BIOTIME INC (BTX) |
12/19/2011 | WBB Securities | Upgraded | Buy | Strong Buy |
| RSC HOLDINGS (RRR) |
12/19/2011 | KeyBanc Capital Mkts | Downgraded | Buy | Hold |
| CHESAPEAKE MIDS (CHKM) |
12/19/2011 | Ladenburg Thalmann | Initiated | Buy | |
| LEAPFROG ENTRPS (LF) |
12/19/2011 | Stifel Nicolaus | Downgraded | Buy | Hold |
| ECHO GLOBAL LOG (ECHO) |
12/19/2011 | Stifel Nicolaus | Downgraded | Buy | Hold |
| GROUPON INC (GRPN) |
12/19/2011 | Stifel Nicolaus | Initiated | Hold | |
| MAKEMYTRIP LTD (MMYT) |
12/19/2011 | Collins Stewart | Initiated | Buy | |
| MADISON SQUARE (MSG) |
12/19/2011 | Needham | Initiated | Buy | |
| ABIOMED INC (ABMD) |
12/19/2011 | Rodman & Renshaw | Downgraded | Mkt Perform | Mkt Underperform |
| GROUPON INC (GRPN) |
12/19/2011 | Barrington Research | Initiated | Outperform | |
| CENTENE CORP (CNC) |
12/19/2011 | Oppenheimer | Reiterated | Outperform | |
| UTD RENTALS INC (URI) |
12/19/2011 | Oppenheimer | Reiterated | Outperform | |
| F5 NETWORKS INC (FFIV) |
12/19/2011 | Dahlman Rose | Reiterated | Buy | |
| CONTL RESOURCES (CLR) |
12/19/2011 | Dahlman Rose | Initiated | Buy | |
| BILL BARRETT CP (BBG) |
12/19/2011 | Dahlman Rose | Initiated | Buy | |
| TELEFONICA S.A. (TEF) |
12/19/2011 | HSBC Securities | Downgraded | Overweight | Neutral |
| WNS HLDGS-ADR (WNS) |
12/19/2011 | Robert W. Baird | Upgraded | Neutral | Outperform |
| Company | Date | Analyst | Action | From | To |
|---|---|---|---|---|---|
| HEICO CORP (HEI) |
12/19/2011 | RBC Capital Mkts | Reiterated | Outperform | |
| VERTEX PHARM (VRTX) |
12/19/2011 | RBC Capital Mkts | Upgraded | Sector Perform | Top Pick |
| UTD RENTALS INC (URI) |
12/19/2011 | RBC Capital Mkts | Upgraded | Outperform | Top Pick |
| RSC HOLDINGS (RRR) |
12/19/2011 | RBC Capital Mkts | Downgraded | Outperform | Sector Perform |
| IMPERVA INC (IMPV) |
12/19/2011 | RBC Capital Mkts | Initiated | Outperform | |
| GEN-PROBE INC (GPRO) |
12/19/2011 | Deutsche Bank | Initiated | Buy | |
| WESTERN GAS PTR (WES) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| WEATHERFORD INT (WFT) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| TRANSOCEAN LTD (RIG) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| TIDEWATER INC (TDW) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| THERMON GROUP (THR) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| TETRA TECH DEL (TTI) |
12/19/2011 | Barclays Capital | Reiterated | Equal Weight | |
| TENARIS SA-ADR (TS) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| SEADRILL LTD (SDRL) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| SCHLUMBERGER LT (SLB) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| OCEANEERING INT (OII) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| NOBLE CORP (NE) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| NATL OILWELL VR (NOV) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| NABORS IND (NBR) |
12/19/2011 | Barclays Capital | Reiterated | Equal Weight | |
| HORNBECK OFFSHR (HOS) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| HELMERICH&PAYNE (HP) |
12/19/2011 | Barclays Capital | Reiterated | Equal Weight | |
| HALLIBURTON CO (HAL) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| GULFMARK OFFSHR (GLF) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| FMC TECH INC (FTI) |
12/19/2011 | Barclays Capital | Reiterated | Equal Weight | |
| ENSCO PLC (ESV) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| DRIL-QUIP INC (DRQ) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| DRESSER-RAND GP (DRC) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| CORE LABS NV (CLB) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| CHART INDUSTRIE (GTLS) |
12/19/2011 | Barclays Capital | Reiterated | Overweight | |
| CAMERON INTL (CAM) |
12/19/2011 | Barclays Capital | Reiterated | Overweight |
Gapping Up and Down This morning
Gapping up
FTWR +27.3%, S +6.5%, CHTR +4.5%, NOK +4.2%, DB +3.2%, JEF +5.9%, CVS +3.8%, NAV +7.4%,
RIO +3%, BBL +3%, BAC +2.8%, AMT +2%, TOT +1.9%, SLW +3%, MT +2.7%, SLV +1.8%, HMY +1.8%, GDX +1.8%,
GLD +0.7%, C +1.5%, SRE +1.2%, CCI +1.1%, SBAC +1.1%, AMT +1.9%, WFT +2.2%, RIG +1.9%, BP +1%,
Gapping down
T -0.9%, TRGT -22.9%, GFA -3.8%, GIS -3.7%, RHT -7.7%, AZN -1%, IIVI -3.1%,
Comments »In Play and On the Wires
FLASH: Fed Says Big Non SIFI Banks May Not Be Subject to Capital Surcharges
November Housing Starts: Prior 628k, Market Expects 627k, Actual 685k Up 9%
Permits are better than expectations; up 5.7%
Comments »Apple Gets a Small Win Over Android in the Latest Smart Phone Battle
HTC haas been found to infringe on one of Apple’s patents. List is a small victory which creates some future problems for Android.
Comments »
