Yearly Archives: 2012
Netflix Has a Wild New Years Ride
San Fran & Cleveland Fed Presidents Say Subdue Inflation Could Pave the Way for More Easing
Bulls Hold a Party…Were You Invited ?
A suspect rally stuck sending commodities and bank stocks to lead the charge on a nice win for the bulls.
The S&P manages to clear technical levels of 1285-1287.
DOW up 69
NASDDAQ up 25
S&P up 11
[youtube://http://www.youtube.com/watch?v=UjivDeA7Qu0 450 300]
Comments »Money Flows, Heat Map, & S&P A/D Line
Money Flows
ISSUE GAINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO (in millions) Alexion Pharm ALXN NASD 74.71 +47.6 4.89 iShrs Russell 1000 Growth IWF ARCA 59.36 +39.2 4.16 Vanguard MSCI Emerg Mkts VWO ARCA 39.81 +35.6 2.07 Citigroup C NYSE 29.92 +35.0 1.28 iShrs Russell 2000 Growth IWO ARCA 86.89 +28.7 2.33 iShares S&P Intl Pfd IPFF ARCA 25.65 +27.3 8.51 General Electric GE NYSE 18.66 +27.0 1.27 Williams Cos WMB NYSE 28.03 +21.9 1.69 Gilead Sciences GILD NASD 44.78 +19.0 1.31 Philip Morris Intl PM NYSE 77.44 +18.5 1.47 Baidu BIDU NASD 126.49 +18.1 1.12 Select Sector SPDR-Energy XLE ARCA 71.26 +16.5 1.33 Ford Motor F NYSE 11.77 +16.2 1.12 TripAdvisor TRIP NASD 27.82 +15.3 2.09 iBoxx InvesTp Inv Grde Bd LQD ARCA 113.90 +15.3 1.60 Cognizant Tech Solutions CTSH NASD 69.48 +14.9 1.43 American Elec Power AEP NYSE 41.41 +14.6 1.72 Select Sector SPDR-Finl XLF ARCA 13.72 +13.7 1.39 Johnson & Johnson JNJ NYSE 65.17 +13.6 1.27 Bristol-Myers BMY NYSE 34.59 +12.9 1.38 ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO (in millions) Limited Brands LTD NYSE 38.91 -73.1 0.11 SPDR S&P 500 SPY ARCA 129.16 -53.9 0.94 iShrs MSCI Emerg Mkts EEM ARCA 39.50 -52.5 0.60 Sherwin-Williams SHW NYSE 93.92 -38.1 0.33 Caterpillar CAT NYSE 99.66 -35.3 0.77 Cedar Fair LP FUN NYSE 22.50 -32.3 0.14 AT&T T NYSE 29.80 -27.5 0.71 Vanguard Small-Cap VB ARCA 71.79 -25.9 0.17 ExxonMobil XOM NYSE 85.41 -22.1 0.78 Qualcomm QCOM NASD 55.89 -21.6 0.74 US Bancorp USB NYSE 28.15 -20.2 0.56 JPMorgan Chase JPM NYSE 35.93 -19.8 0.84 Chevron CVX NYSE 108.96 -19.7 0.81 Disney DIS NYSE 39.66 -19.5 0.68 Microsoft MSFT NASD 27.91 -17.0 0.87 McDonald's MCD NYSE 99.51 -16.4 0.80 Oracle ORCL NASD 27.13 -15.9 0.86 iShs Brclys 13 Yr Crdt Bd CSJ ARCA 104.24 -15.3 0.43 Kraft Foods KFT NYSE 38.00 -15.0 0.61 IHS Inc IHS NYSE 90.74 -15.0 0.29Comments »
Today’s 52 Week Highs and Lows
NYSE
New Highs 136 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Advance Auto Parts AAP 72.36 196,378 Allergan AGN 89.37 1,133,289 Alliance CA Municipal AKP 14.70 20,365 AllianceBrnstn NtlMun AFB 14.96 32,319 Amer Fincl Grp AFG 37.72 128,878 American Tower REIT AMT 61.52 1,810,653 Applied Indus Tech AIT 37.52 245,018 Asbury Automotive ABG 22.89 286,782 Assd Banc-Corp.8.00%Pfd ABWpB 25.47 14,900 Atlas Energy ATLS 27.86 385,458 BlackRock CA Municipal Tr BFZ 15.03 62,833 BlackRock Long-Term Muni BTA 11.87 20,103 BlkRk Muni Inter Dur MUI 15.93 109,696 BlkRk Muni 2018 Trm Tr BPK 16.82 19,844 BlackRock Muni Bnd BIE 15.69 1,719 BlkRk MuniHldgs II MUH 15.80 19,279 BlRk MuHldg NY Qlty MHN 15.32 46,343 BlkRk MuniHldgs Qlty II MUE 14.75 30,803 BlkRk MuniHldgs Quality MUS 14.37 20,156 BlkRk MuniYld Inv MYF 15.17 49,682 BlackRock NJ Municipal Tr BNJ 15.96 10,769 Blackrock Strategic Muni BSD 13.90 4,573 Brookfield Infrastructure BIP 29.30 386,628 Brookfield Off Prop Cda BOXC 24.70 1,900 CVS Caremark CVS 42.19 6,091,309 Cantel Med CMN 30.24 59,470 Carters CRI 41.85 339,385 Centene CNC 44.16 345,709 China Pete & Chemical SNP 117.40 148,495 Cobalt Intl Engy CIE 17.88 2,183,015 ConAgra Foods CAG 26.97 3,577,651 ContinentalRes CLR 77.50 806,473 CoreSite Realty COR 18.90 69,295 Crown Castle Intl CCI 46.46 1,105,137 Delphi Automotive DLPH 23.99 741,711 DTF Tax-Free DTF 16.38 15,468 Duke Realty pfJ DREpJ 25.04 19,484 Ecolab Inc ECL 59.38 885,471 Ecopetrol EC 47.89 257,962 Entergy Arkansas 2040 EAA 27.73 10,578 Extra Space Storage EXR 24.90 1,013,103 FNB Corp FNB 12.33 617,610 Fed Premier Intemediate FPT 14.25 14,398 Flaherty & Crumrine PFD 14.62 8,864 Flotek Ind FTK 13.00 1,568,420 FortuneBrandsHome&Sec FBHS 18.10 414,097 Gabelli Utility Tr GUT 8.05 61,875 Generac Holdings GNRC 29.09 153,913 Genesee & Wyoming GWR 64.24 156,190 Genuine Parts GPC 63.31 511,843 Global Cash Access GCA 4.92 256,798 Goldman Sachs Grp Notes GSF 25.10 198,973 Goldman Sachs Grp 6.50% GSJ 25.56 313,969 Goodrich Corp GR 124.04 365,362 WW Grainger GWW 193.49 191,344 HnckJohn TxAdv HTD 17.83 72,007 Health Net HNT 35.29 1,127,887 Home Depot HD 43.60 4,976,465 Humana Inc HUM 94.99 841,436 IHS Inc IHS 90.97 375,620 InvenSense INVN 13.10 567,497 Inv CA Ins Tr IIC 15.59 14,065 Invesco InsCa ICS 14.65 12,710 Invesco Mun Incm Opps Tr OIA 6.80 83,589 Invesco Quality Mun Secs IQM 14.90 61,737 Invesco VnKmCAInc VCV 13.18 14,431 Invesco Van Kampen Mun Tr VKQ 14.16 39,899 Invesco VK PAValMun VPV 14.48 22,651 Inv Vn Km InsMun VIM 14.13 8,989 Invesco VnKmNY VTN 15.58 13,028 Kansas City Southern KSU 73.90 758,661 Kraft Foods KFT 38.15 4,337,153 LTC Properties LTC 31.87 56,306 LEH 6% Prudential Finl JZH 25.15 7,550 Lions Gate Entertainment LGF 8.93 382,530 MFS Hi Inc Muni CXE 5.37 60,697 MFS Munl Inco MFM 7.20 51,631 MaquarieInfrastr MIC 29.32 103,976 Macy's Inc M 34.87 4,123,906 Maximus MMS 44.44 132,606 McCormick & Co Vtg MKC/V 50.95 863 McGraw-Hill MHP 47.59 1,436,680 Meadowbrook Insurance MIG 11.18 56,292 Metro Health Ntwks MDF 8.47 429,020 Monsanto MON 79.70 3,835,573 Movado Group MOV 20.23 143,685 NeuStar A NSR 35.53 190,235 NewMarket Corp NEU 205.27 19,600 Newpark Resources NR 10.62 1,107,031 Nuveen Build Am Bd Opp Fd NBD 21.99 23,151 Nuveen CA Div Fnd NAC 14.44 19,057 Nuveen CA Muni Mkt NCO 14.76 19,198 Nuveen CA Performance NCP 14.97 17,363 Nuveen California Select NVC 15.35 32,480 Nuveen Ins CA NXC 14.35 11,747 Nuveen Enhncd Mun Val Fd NEV 14.95 62,537 Nuveen Muni Value Fund NUV 9.90 213,572 Nuveen NY Div Fnd NAN 14.60 23,626 Nuveen NY Investment Qual NQN 15.57 24,479 Nuveen NY Muni Value Fund NNY 10.14 5,268 Nuveen Ohio Qual Income NUO 16.98 17,172 Nuveen Pa Investment Qual NQP 15.49 18,109 Nuveen Quality Income NQU 14.90 89,425 Nuveen Sel Tax Free NXP 14.92 15,368 Nuveen TX Qual Income NTX 16.58 1,940 Oneok Inc OKE 88.38 483,805 Old Natl Bancorp ONB 12.46 309,860 Philippine Long Distance PHI 61.24 54,260 Pier 1 Imports PIR 15.28 945,906 Pimco Calif Fund PCQ 14.13 53,695 PIMCO CA PZC 10.10 39,200 PIMCO Muni Inc III PMX 11.71 121,304 PIMCO NY Fd PNF 11.64 22,050 PimcoNY Fd PYN 9.80 6,246 Prtctv Life 8% Sr Nt 2024 PLP 24.17 11,880 RLI Corp RLI 75.03 52,953 RSC Hldgs RRR 19.36 2,065,185 Rayonier REIT RYN 45.65 440,547 Rex American Resources REX 22.86 24,653 Roper Indus ROP 91.98 205,770 SandRidge Permian Trust PER 23.22 369,035 Sempra Energy SRE 56.36 747,479 Sherwin-Williams SHW 95.31 1,101,476 Sturm Ruger RGR 36.99 194,057 Triumph Group TGI 62.10 128,799 Union Pacific UNP 112.52 2,246,587 Universal American UAM 13.60 355,950 Valspar Corp VAL 40.94 723,169 Vornado Rlty Tr 6.625% I VNOpI 25.27 3,636 Wstrn Asset Muni Ptnrs Fd MNP 15.53 25,613 White Mountains Insur WTM 459.91 2,328 Williams Cos WMB 28.48 9,185,111 Williams Ptnrs un WPZ 63.14 188,204 World Fuel Svcs INT 45.37 522,942 Wyndham Worldwide WYN 39.02 1,416,364 YUM! Brands YUM 60.45 2,101,148 New Lows 14 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Advantest Corp ADS ATE 9.02 9,696 Amrep Corp AXR 5.64 18,859 Arcos Dorados Holdings A ARCO 17.62 2,821,809 CPI Corp CPY 1.46 211,221 China Hydroelectric Wt CHC/WS 0.02 8,400
ECA Marcellus Trust I ECT 21.72 423,388 EXCO Resources XCO 9.21 3,441,204 Health Mgmt HMA 4.81 47,897,598 Hugoton Royalty Tr Un HGT 16.70 632,369 Natl Bank Of Greece NBG 1.64 639,381 Portugal Telecom PT 5.46 331,455 SunCoke Energy Inc. Wi SXCw 11.11 11,100 Syswin ADS SYSW 0.80 36,810 WPX Energy WPX 15.84 6,947,674
NASDAQ
New Highs 98 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ ATMI ATMI 21.92 108,360 Achillion Pharm ACHN 10.17 2,885,708 American Railcar Inds ARII 29.48 119,563 Amgen AMGN 65.39 2,816,655 Analogic ALOG 59.59 52,101 Analysts Intl ANLY 7.00 66,735 Apollo Grp (Cl A) APOL 57.51 1,643,896 Asure Software ASUR 8.48 38,100 BOK Fincl BOKF 59.59 128,732 Bank of The Ozarks OZRK 31.07 204,656 bebe stores BEBE 8.84 106,802 Benihana BNHN 11.48 208,909 BofI Hldg BOFI 16.91 11,934 Broadvision Inc BVSN 15.40 220,333 C&F Fincl CFFI 30.78 850 CVB Fincl CVBF 10.86 774,748 Calavo Growers CVGW 27.18 70,784 Celgene CELG 69.69 2,437,930 China Growth Equity Invt CGEI 9.82 110 Cintas CTAS 38.17 1,008,672 Citizens Republic Bancorp CRBC 13.47 284,022 Cognex CGNX 40.84 295,001 Columbia Banking System COLB 21.51 228,540 Commercial National Fincl CNAF 25.73 4,791 Cost Plus CPWM 12.46 302,639 Cubist Pharmaceuticals CBST 41.18 598,850 DXP Enterprises DXPE 36.60 99,891 Deltek PROJ 10.75 54,199 Dynavax Techs DVAX 3.63 563,483 Eagle Bancorp EGBN 15.79 21,171 Elmira Savings Bank ESBK 21.26 2,229 Equinix EQIX 111.59 945,781 FARO Techs FARO 49.46 54,220 Fastenal Co FAST 45.81 1,670,515 First Fincl Service FFKY 5.17 47,238 Garmin GRMN 40.84 674,018 Gibraltar Industries ROCK 15.14 62,118 Gilead Sciences GILD 45.04 10,440,816 Golar LNG Partners LP GMLP 33.50 70,985 Golar LNG GLNG 47.71 468,053 ICF Intl ICFI 27.98 84,792 Icahn Enterprises Rt IEPRR 12.80 44,478 Idenix Pharmaceuticals IDIX 10.85 3,734,557 Inhibitex INHX 24.34 6,984,606 Intel INTC 25.92 29,414,267 Inv Real Es Tr Ser A SBI IRETP 27.50 3,450 iShrNasdaqBiotch IBB 110.57 717,953 Jacksonville Bancorp JXSB 14.19 632 Jazz Pharm Inc JAZZ 49.14 733,607 LKQ LKQX 32.35 479,774 Lincoln Electric Hldgs LECO 41.05 158,611 Liquidity Services LQDT 40.18 275,644 Lumos Networks LMOS 18.18 19,450 magicJack VocalTec CALL 14.25 331,926 Marine Petroleum Tr Un MARPS 27.30 1,209 MarketAxess Hldgs MKTX 32.23 54,115 Marlin Business Services MRLN 13.80 22,382 Medivation MDVN 54.76 758,375 Micromet MITI 8.50 599,534 Mid-Con Engy Ptrs L.P. Un MCEP 19.62 109,325 Mitcham Industries MIND 24.75 195,800 Nathan's Famous NATH 21.62 17,311 National Penn Bancshares NPBC 9.03 586,059 NewsCorp A NWSA 18.84 11,068,812 NewsCorp B NWS 19.10 2,602,946 Novellus Systems NVLS 43.82 2,035,727 Nuance Comm NUAN 28.61 5,250,102 PC Connection PCCC 12.92 62,134 PETsMART PETM 52.63 251,259 Pharmacyclics PCYC 16.24 639,502 Pharmasset VRUS 136.40 1,357,317 Provident Fincl Hldgs PROV 9.72 8,091 Republic Bncrp (KY) Cl A RBCAA 24.72 52,691 SLM 6.398% CPI-Lnkd 2018 ISM 21.45 3,049 SLM CPI-Lnkd Md Trm Nts A OSM 22.00 4,150 Salix Pharmaceuticals SLXP 49.76 237,107 Santarus SNTS 3.82 311,013 Scientific Games SGMS 11.44 1,512,443 SeagateTech STX 18.83 6,592,549 Select Comfort SCSS 24.50 594,328 Shuffle Master SHFL 12.64 266,396 Signature Bank SBNY 64.28 170,747 Signature Bank Wt SBNYW 38.81 400 Silicon Motion Tech (ADS) SIMO 23.64 422,257 Smith & Wesson Hldg SWHC 4.84 619,424 Spectrum Pharmaceuticals SPPI 15.87 1,650,958 Starbucks SBUX 47.28 2,725,736 Texas Capital Bancshares TCBI 33.23 257,379 Texas Cap Bancshares Wt TCBIW 20.51 100 Tower Bancorp Inc TOBC 30.64 41,089 US Home Systems USHS 7.35 49,318 Umpqua Hldgs UMPQ 13.38 509,011 VOXX International VOXX 12.18 664,377 Virtus Invt Ptners Inc VRTS 83.50 84,233 VIVUS VVUS 12.00 1,999,992 Woodward WWD 44.42 221,523 Xyratex XRTX 15.17 272,822 Zumiez ZUMZ 32.49 399,905 New Lows 22 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Bionovo BNVI 0.18 657,596 Cherokee CHKE 11.33 23,763 Horizon Pharma HZNP 3.69 16,098 IPC The Hospitalist Co IPCM 29.70 472,593 Imperial Sugar Co IPSU 2.55 508,085 Integra LifeSci Hldgs IART 23.15 422,475 Intellipharmaceutics Int IPCI 2.41 22,500 S&P/Citigrp Intl Trsry Bd IGOV 95.69 14,377 Keating Capital KIPO 7.25 8,201 Marchex (Cl B) MCHX 5.17 222,644 NxStage Medical NXTM 16.29 596,053 Opexa Therapeutics wt OPXAW 0.05 10,200 OptimumBank Hldgs OPHC 0.38 500 ProShr Ul Sh QQQ SQQQ 17.14 1,646,384 ProShs UlShrt Nsdq Biot BIS 29.30 1,819 RealNetworks RNWK 6.84 68,012 School Specialty SCHS 2.15 344,661 SunOpta STKL 4.13 557,533 Tecumseh Products B TECUB 4.25 3,471 Telefonos de Mexcio A TFONY 12.22 10,796 WebMD Health WBMD 25.01 9,431,496 ZELTIQ Aesthetics ZLTQ 10.05 213,120Comments »
US rescues more Iranians at sea
Comments »WASHINGTON (AP) — A U.S. Coast Guard cutter rescued six Iranian mariners from a vessel in distress in the Persian Gulf, the second time in less than a week that the American military has come to the aid of Iranians at sea, an official said Tuesday.
The incident was another reminder of U.S. efforts to demonstrate the humanitarian value of its naval presence in the Gulf, a strategic waterway that the Iranian government has threatened to close in retaliation for international sanctions over its nuclear program.
Last Thursday, the U.S. Navy rescued 13 Iranian fishermen who had been held captive by pirates in the northern Arabian Sea, just outside the Gulf, for more than 40 days. That happened just days after Tehran warned the United States to keep its warships out of the Gulf. The fishermen were sent on their way and the 15 pirates were taken aboard the aircraft carrier USS John C. Stennis.
In the latest incident, Pentagon press secretary George Little said the Iranians aboard a cargo dhow about 50 miles southeast of the Iraqi port of Umm Qasr used flares and flashlights to hail the cutter Monomoy at 3 a.m. local time Tuesday. The vessel’s master indicated that his engine room was flooding and “deemed not seaworthy,” Little said.
Fed transfered $77 billion in profits to Treasury for 2011
Comments »WASHINGTON – The Federal Reserve said Tuesday that it transferred $76.9 billion in profits to the Treasury Department last year, slightly less than its 2010 transfer but much more than in any other previous year.
The Fed is required by law to transfer its profits to the Treasury each year, a provision that has become increasingly lucrative as a byproduct of the central bank’s ongoing campaign to stimulate economic growth.
Almost 97 percent of the Fed’s income was generated by interest payments on its $2.5 trillion in holdings of Treasury securities and mortgage-backed securities, which it has amassed in an effort to reduce borrowing costs for businesses and consumers by reducing long-term interest rates.
Through those purchases, the central bank has become the largest single holder of federal debt, and of securities issued by the government-owned mortgage finance companies Fannie Mae and Freddie Mac. As a consequence, most of the money flowing into the Fed’s coffers comes from the pockets of taxpayers.
But Fed officials note that this recycling – payments flowing from Treasury to the Fed and then back to the Treasury – still saves money for taxpayers because those interest payments otherwise would be made to other investors.
“It’s interest that the Treasury didn’t have to pay to the Chinese,” the Fed’s chairman, Ben S. Bernanke, half-jokingly told Congress last year.
Should you sell into euro summits?
Comments »As the euro zone gears up for yet more high-level meetings about its debt crisis, a fund manager advised investors to sell European shares in the wake of the series of planned summits.
“You should sell summits and wait for markets to go down again,” Stewart Richardson, partner at RMG Wealth Management, told CNBC Tuesday.
He believes that leaders should move their focus from austerity measures towards promoting growth.
German Chancellor Angela Merkel’s latest meeting with French President Nicolas Sarkozy focused on the problems facing Greece.
They put pressure on the euro zone’s most heavily indebted nation to make a deal with creditor banks on a bond swap and avoid defaulting on its debt repayments.
The lack of big announcements from the meeting highlighted how much there is still to be done to solve the euro zone debt crisis, analysts told CNBC.
“It’s really only now that people are starting to see how dangerous the first quarter of 2012 can be,” Simon Derrick, chief currency strategist, BNY Mellon, said. “Both the Greece and Italy stories are right on the agenda now.”
On Monday, yields on Italian 10-year debt, a key measure of market confidence in the country’s economic future, rose above the key 7 percent level which forced smaller euro zone countries to request bailouts.
What’s Really in a Name ?
Perhaps the Consumer is Responsible for Unemployment
Tax Free Status: If You Can’t Beat Them…Then Join Them
“StoneMor Partners LP, the publicly traded firm that specializes in running cemeteries, expects to see handsome profits in coming years as baby boomers age and die. But unlike its largest rivals, its corporate tax bill from the federal government will be zero.
StoneMor is among the many businesses organized so they don’t pay a penny in federal corporate income tax. And yet such firms don’t employ an army of accountants to shield profits in complex tax shelters. Their enviable tax position is perfectly legal and has been encouraged by Congress and state governments….”
Comments »FLASH: 7.3 Magnitude Earthquake Hits Off Indonesian Coast… Tsunami Warning in Effect
Wall Street Pros Say It Is Time to Buy Stocks Regardless of Europe’s Woes
The Clam Hands Over $76.9 Billion to Uncle Sam
A First Look at Vizio’s new line of ultrabooks
Wall Street Banks Lower U.S. Growth Estimates Over Euro Debt Crisis
EU Antitrust to Block NYSE Deutsche Boerse Deal
Ford’s Asia Division Will Report a Loss Due to Thai Flooding
OCZ has won business at Facebook
Hearing Craig-Hallum confirming competitor OCZ has won business at Facebook. Could be a negative for FIO.
Comments »