Gapping up
MFN +23.3%, NBG +6.1%, CS +2.5%, RIMM +5.3%, ING +1.7%, RBS +1.7%, DB +3.5%, AXL +2.2%, UBS +2.2%, BAC +1.8%, BP +1.5%, UXG +3.6%, CHK +3.1%,
SVM +1.9%, KGC +1.9%, SLW +1.6%, RIO +1.2%, AG +1.1%, SLV +0.9%, GLD +0.4%, BBL +0.4%, GDX +0.3%, PVA +2.9%, SWN +2.5%, BP +1.7%, FST +1.7%,
COG +1.6%,
Gapping down
CBRX -58.2%, IGOI -27.1%, CCL -3%, HAL -1%, GAME -19.5%, COP -0.9% , PG -0.5%, FSC -4.2%
Comments »Amgen Corporation (NASDAQ: AMGN) Cut to Neutral at JPMorgan.
Comerica Inc. (NYSE: CMA) Cut to Neutral at Susquehanna.
ConocoPhillips (NYSE: COP) Cut to Sell at UBS.
Google Inc. (NASDAQ: GOOG) Reiterated Buy with $730 price target at Argus.
Jive Software, Inc. (NASDAQ: JIVE) Started as Buy at Citigroup; Started as Neutral at UBS; Started as Outperform at Wells Fargo; Started as Overweight at Morgan Stanley.
Johnson Controls Inc. (NYSE: JCI) Cut to Equal Weight at Barclays.
NuVasive, Inc. (NASDAQ: NUVA) Raised to Buy at Canaccord Genuity.
Procter & Gamble (NYSE: PG) Cut to Hold at Stifel Nicolaus.
PulteGroup (NYSE: PHM) Cut to Equalweight at Barclays.
Research in Motion Ltd. (NASDAQ: RIMM) Raised to Hold from Sell at Deutsche Bank; Reiterated as Hold at Canaccord Genuity.
Sanchez Energy Corporation (NYSE: SN) Started as Buy at Canaccord Genuity; Started as Buy at Stifel Nicolaus.
SIRIUS XM Radio Inc. (NASDAQ: SIRI) Cut to Equal Weight at Morgan Stanley.
ViroPharma Incorporated (NASDAQ: VPHM) Cut to Neutral at JPMorgan.
“THE MARKET HAS COME A LONG WAY in a little while. McMillan Analysis pointed out Friday that the Standard & Poor’s 500 was three standard deviations above its 20-day average, which tends to portend at least a short, sharp reversal.
The publicity-shy investment pro known here over the past couple of years as the “mystery broker” came into the year a nervous bull, long stocks but keeping the market on a short leash as he awaited confirmation from the tape to determine if it remained a bull market. Those criteria of cyclical, risky-stock leadership, mentioned above, have checked out, yet he’s tactically cautious.
Comments »The S&P 500 Technology sector has gotten off to a great start to 2012. While it has gotten a bit overbought in the short term, the sector is closing in on a key resistance level that bulls would love to see broken. This resistance level is the sector’s pre-financial crisis closing high of 441.36, which is just 1.59% away from where the sector is currently trading.
Read the rest and see the pretty graphs here.
Comments »No. Ticker % Change
1 SCHS 24.18
2 CSKI 22.14
3 CPY 20.59
4 ENMD 20.16
5 CNAM 19.80
6 SCOK 19.22
7 ASIA 18.70
8 CPSL 18.48
9 BVSN 18.25
10 EDGR 18.18
11 TLB 17.84
12 FCH 14.52
13 NOAH 14.24
14 VRNM 13.54
15 SHLD 13.26
16 BSPM 12.33
17 NBS 12.31
18 SWKS 11.44
19 CNTF 11.35
20 TRIT 11.11
21 SINO 10.12
22 OPXT 9.35
23 GIII 9.32
24 NEP 8.86
25 IPHI 8.30
26 MERC 8.29
27 UXG 8.21
28 ONSM 8.20
29 RDNT 8.16
30 CNIT 8.10
31 OREX 8.10
32 TNP 8.09
33 ATSG 7.95
34 CAK 7.69
35 AGQ 7.47
36 LEE 7.32
37 HTCH 7.25
38 KUTV 7.21
39 SIGA 7.17
40 HHGP 7.14
41 WEBM 7.11
42 EXE 7.10
43 SATC 7.00
44 RAS 6.91
45 RENT 6.84
46 TWMC 6.77
47 EMAN 6.71
48 IMN 6.71
49 FORM 6.56
50 BIOD 6.47
Now +4.4% for the day, near $22.
Comments »Gapping up
INTC +0.5%,KGC +1.2%, CLGX +10%, GALE +11.3%, SWKS +6.3%, MPC +4.6%, ZOLL +4%, CTIC +3.5%, BCS +3.5%, CLD +3%, IBM +2.1%, MSFT +2.1%, IBKR +1.8%,
RBS +3.9%, HBC +0.9%, DB +0.6%,
Gapping down
NCIT -19.7%, GOOG -8.1%, HTGC -4.6%, ISRG -4.6%, ZIOP -4.5%, COF -4.4%, MMLP -4.2%, BWP -4.1%, ARCC -3.7%, CCL -3.5%, MT -3.3%, EZPW -2.9%,
SQNM -2.4%, WLL -2.4%, AXP -2.1%, TOT -1.8%, BIDU -1.6%, BP -1.6%, GPS -1.3%, E,
Comments »BlackRock Inc. (NYSE: BLK) Cut to Neutral at Citigroup.
EMC Corporation (NYSE: EMC) Reiterated Outperform at Credit Suisse.
Google Inc. (NASDAQ: GOOG) Maintained Buy but cut target to $700 at Canaccord Genuity.
Humana Inc. (NYSE: HUM) Cut to Market Perform at Wells Fargo.
ICICI Bank Ltd. (NYSE: IBN) Cut to Underperform and named Bear of the Day at Zacks.
Intel Corporation (NASDAQ: INTC) Cut to Hold at Kaufman; Reiterated Outperform and raised target to $35 at Credit Suisse; Maintained Hold with $24 target at Canaccord Genuity.
JDS Uniphase Corporation (NASDAQ: JDSU) Raised to Buy at Stifel Nicolaus.
Johnson Controls Inc. (NYSE: JCI) Cut to Neutral at JPMorgan.
NCI. Inc. (NASDAQ: NCIT) Cut to Underperform at Wells Fargo.
Tsakos Energy Navigation Ltd. Co. (NYSE: TNP) Raised to Outperform at Credit Suisse.
Texas Instruments Inc. (NASDAQ: TXN) Cut to Hold at Needham.
Tractor Supply Co. (NASDAQ: TSCO) Reiterated Buy and raised target to $92 at Argus.
Valero Energy Corporation (NYSE: VLO) Reiterated Buy with $35 price target at Argus.
Western Union Co. (NYSE: WU) Reiterated Outperform as Bull of the Day at Zacks.
Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises Ltd. (NYSE: RCL) lowered targets and estimates by Credit Suisse.
Comments »
What can one say other than the market is going higher for the moment. Seems like we rally right into the close lately.
Still like my prospects being short oil. The bears will have their moment….soon come.
DOW up 46
NASDAQ UP 18
S&P UP 6
[youtube://www.youtube.com/watch?v=ItLzdZV004s 450 300]
Movies are back!
Comments »
