The story courtesy of S&P credit ratings
Comments »EU Finance Ministers Approve a $10.7 Billion in Rescue Funds to Greece
Bulls Manage to Hold on To the Ball…Just Barely
DOW up 33
NASDAQ down 11
S&P up 2.75
1200 S&P proved to be a major hurdle today. Perhaps tomorrow.
Today’s Money Flows
ISSUE GAINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Youku.com ADS YOKU NYSE 17.50 +42.7 5.78
Pharmasset VRUS NASD 132.18 +38.2 1.45
Lowe's Cos LOW NYSE 24.18 +29.2 1.58
FedEx FDX NYSE 78.97 +19.9 1.75
Microsoft MSFT NASD 24.89 +18.3 1.25
Citigroup C NYSE 25.06 +16.0 1.09
Coach COH NYSE 60.43 +14.0 1.23
iShs Brclys Aggregate Bd AGG ARCA 109.58 +13.8 1.98
Time Warner Cbl TWC NYSE 57.91 +13.2 1.55
iShrs MSCI Canada EWC ARCA 26.13 +13.2 3.42
PepsiCo PEP NYSE 63.70 +12.6 1.30
Sanofi ADS SNY NYSE 33.70 +12.6 2.17
AT&T T NYSE 28.20 +12.0 1.30
BP PLC BP NYSE 41.01 +11.6 1.67
Brclys 1-3 Yr Trsry Bd SHY ARCA 84.52 +11.5 1.83
Select Sector SPDR-Energy XLE ARCA 67.39 +11.4 1.16
Hewlett-Packard HPQ NYSE 27.12 +10.8 1.19
Corning Inc GLW NYSE 13.03 +10.8 1.10
IBM IBM NYSE 181.83 +10.8 1.09
Intel INTC NASD 23.73 +9.8 1.16
ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Apple AAPL NASD 373.89 -74.2 0.94
iShrs Russell 2000 IWM ARCA 69.51 -69.3 0.78
SPDR S&P Bank KBE ARCA 17.96 -60.9 0.03
SPDR S&P MidCap 400 ETF MDY ARCA 153.16 -59.9 0.54
JPMorgan Chase JPM NYSE 28.50 -59.7 0.69
Post Properties PPS NYSE 37.56 -36.2 0.06
Computer Sciences CSC NYSE 23.26 -35.2 0.17
Mkt Vectors Russia Tr SBI RSX ARCA 29.40 -32.5 0.27
General Electric GE NYSE 14.91 -31.6 0.78
ExxonMobil XOM NYSE 77.15 -28.1 0.81
Brclys 20+ Yr Trsry Bd TLT ARCA 120.13 -27.2 0.76
Direxion Daily Sm Bear 3x TZA ARCA 34.41 -21.4 0.89
iShs Tr DJ U.S. Real Es IYR ARCA 52.51 -20.0 0.47
Southern Union SUG NYSE 40.83 -18.6 0.47
Vertex Pharm VRTX NASD 27.17 -16.6 0.48
Tiffany & Co TIF NYSE 66.85 -16.4 0.89
Google GOOG NASD 584.52 -16.2 0.94
iBoxx InvesTp Inv Grde Bd LQD ARCA 110.37 -14.7 0.61
Bank Of America BAC NYSE 5.08 -14.2 0.92
Republic Svcs RSG NYSE 26.76 -13.7 0.33
Comments »
Today’s Winners and Losers
No. Ticker % Change
1 MRNA 30.00
2 CEDC 26.18
3 DEXO 25.24
4 WHRT 21.74
5 INHX 19.12
6 URRE 18.60
7 NOAH 17.47
8 XING 15.80
9 YMI 15.32
10 DYN 15.29
11 ALIM 14.53
12 AP 12.09
13 WG 11.99
14 SILU 11.19
15 PSDV 10.74
16 CPHI 10.00
17 JRJC 8.84
18 CSIQ 8.44
19 SVNT 8.37
20 NCTY 8.09
21 MEMS 8.04
22 CPSL 7.89
23 JBLU 7.88
24 NYNY 7.74
25 SOFO 7.56
————————-
No. Ticker % Change
1 AMR -78.46
2 CHC -42.86
3 CFW -33.67
4 EEE -30.43
5 CTC -20.16
6 BIOF -18.97
7 ENER -17.05
8 LOGL.OB -16.52
9 FREE -16.10
10 GLW -12.86
11 SFL -12.81
12 KFS -12.74
13 AXK -12.65
14 RDN -12.55
15 RCON -12.09
16 MSHL -11.30
17 PGTI -10.85
18 HSOL -10.61
19 SUSS -10.33
20 ZOOM -10.23
21 AVNR -10.20
22 PEIX -10.08
23 QTWW -9.56
24 NANX -9.40
25 AHS -9.15
Today’s Winners and Losers
Winners
- SONS (2.55 +8.51%),
- RIMM (17.79 +7.95%),
- CALX (7.93 +5.87%),
- OCZ (6.31 +5.7%),
- TDS (25.57 +5.62%),
- JBLU (4.02 +9.24%),
- LCC (4.65 +8.9%),
- UAL (17.93 +8.14%),
- DAL (7.8 +4.91%),
- CX (4.37 +6.07%),
- INHX (13.5 +18.42%),
- IDIX (7.47 +5.21%),
- PPC (5.8 +7.4%),
- HDY (3.61 +11.42%),
- KWK (7.67 +6.53%),
- NXY (15.71 +6.36%),
- NGD (10.57 +6.12%),
- GOLD (102.96 +5.64%),
- BBEP (17.68 +5.49%)
Losers
GLW (12.95 -12.38%),
BSFT (34.42 -6.72%),
GTAT (7.26 -6.5%),
IMI (8.21 -6.39%),
AMR (0.36 -77.93%),
SFL (9.48 -13.27%),
SUSS (22.65 -10.03%),
TIF (66.33 -9.9%),
DDS (45.55 -8.33%),
BECN (18.16 -6.68%),
FMCN (15.95 -6.12%),
RLD (9.63 -6.05%),
AVNR (2.31 -9.41%),
RDN (2.16 -9.62%),
NFP (12.31 -6.1%),
RF (3.55 -6.08%),
RIG (42.35 -7.81%),
GBG (0.87 -7.26%),
GPOR (29.62 -6.62%),
PDC (9.43 -5.51%),
Comments »
Today’s 52 Week Highs and Lows
NYSE
New Highs 29 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Ala Pwr 5.83% O pfd. ALPpO 26.75 1,000 AllianceBrnstn NtlMun AFB 14.43 19,439 Amer Muni Income Ptf XAA 14.32 2,770 BlackRock CA Municipal Tr BFZ 14.35 12,950 BlkRk Muni Inter Dur MUI 15.04 31,099 BlackRock Mun BAF 15.25 27,514 BlackRock Utility & Infr BUI 20.08 12,940 Cedar Fair LP FUN 23.40 395,858 EI DuPont $4.50 Cum. pfd. DDpB 107.50 200 Entergy Louis 1 Mtg Bd ELA 27.43 7,990 Gabelli Equity Tr Ser D GABpD 26.63 1,500 Global Cash Access GCA 4.37 161,080 Invesco MIO III OIC 7.78 5,397 Kodiak Oil & Gas KOG 8.69 5,535,376 Manning & Napier MN 12.70 486,010 Niagara Mhwk Pwr 3.6% pfd NMKpB 91.50 5,972 99 Cents Only Stores NDN 21.87 285,164 Nuveen Enhncd Mun Val Fd NEV 14.24 42,674 Nuveen Insured Div NVGpC 10.25 5,620 Nuveen Invest Qual Muni NQM 15.07 16,282 Oneok Inc OKE 80.72 222,813 PECO Energy 3.8 pfd. PEpA 87.50 802 Philip Morris Intl PM 75.00 3,310,019 Reynolds American RAI 41.03 1,032,544 Royce Focus Tr 6% Cum pfd RFOpA 26.41 100 Targa Resources Partners NGLS 37.12 43,686 Universal American UAM 12.87 45,274 WellCare Health Plans WCG 57.28 147,862 Western Gas Partners LP WES 37.65 52,488 New Lows 36 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ AMR 7.875% PINES 2039 AAR 2.37 783,698 AMR AMR 0.20 97,835,590 Assured Guaranty Ltd AGO 9.22 1,083,586 Bank Of America BAC 5.10 139,240,347 CPI Corp CPY 5.31 74,062 Cellcom Israel CEL 16.62 143,189 China Hydroel ADS CHC 0.67 1,205,783 China Zenix Auto Intl ADS ZX 3.82 8,763 Chiquita Brands CQB 7.53 267,359 CocaCola ADS CCH 14.76 15,964 DHT Holdings DHT 0.90 107,540 DesarrHomex HXM 11.01 132,860 Dice Hldg DHX 7.23 111,622 Digital Domain Media Grp DDMG 5.38 38,580 DigitalGlobe DGI 14.45 82,708 Feihe International ADY 3.91 8,768 GM Pfd Series B GMpB 33.10 32,513 Glbl Ship Lease GSL 1.66 75,750 Kellogg Co K 48.10 1,119,675 LinkedIn Cl A LNKD 55.98 1,986,397 M/I Homes Dep. Ser A MHOpA 10.66 1,200 MarriottVacations VAC 16.24 954,373 Parkway Properties PKY 9.59 25,301 PPLUS 7.00% TRUCss SPR-1 PYG 18.05 6,400 Renren A ADS RENN 3.38 3,072,787 Ship Fin Intl SFL 9.20 1,191,119 Spansion Cl A CODE 8.49 63,353 Stage Stores Inc SSI 11.58 101,926 Sun Life Fincl SLF 17.68 423,253 TERNIUM SA TX 15.31 1,486,398 Thomson TRI 25.67 538,976 Time Warner Cbl TWC 57.15 1,588,290 Transocean RIG 42.31 9,893,510 Tsakos Energy TNP 4.86 51,663 Valley Natl Bncp Wt 2018 VLY/WS 1.20 5,868 Whirlpool Corp WHR 45.88 1,194,550
NASDAQ
New Highs 16 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Access National ANCX 8.95 4,653 Altisource Ptfl Sol SA ASPS 47.33 47,867 American Dental Ptnrs ADPI 18.85 63,023 Atrion ATRI 235.98 1,526 Calavo Growers CVGW 26.07 17,108 Fifth St Finance FSC 9.45 296,517 Halozyme Therapeutics HALO 9.06 435,044 Hi Tech Pharmacal Co HITK 41.20 126,371 Inhibitex INHX 13.94 6,024,746 Liberty Media Corp. Cap LMCA 104.34 763,723 Magal Security Systems MAGS 3.88 493,524 Natural Alternatives Intl NAII 8.88 7,060 Panera Bread Co PNRA 142.00 290,764 Papa John's Intl PZZA 38.18 88,487 Pharmacyclics PCYC 14.13 359,851 Spectrum Pharmaceuticals SPPI 13.64 362,629 New Lows 67 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Affirmative Insurance AFFM 0.90 7,683 American Woodmark AMWD 11.07 9,305 Angie's List ANGI 12.00 718,937 Avatar Hldgs AVTR 6.07 14,470 Bon-Ton Stores BONT 2.29 116,346 Broadcom BRCM 29.81 2,838,477 Career Education CECO 6.84 565,801 China Precision Steel CPSL 0.36 82,287 China Sunergy Co CSUN 0.74 87,514 Chyron CHYR 1.25 6,998 Commun Sys JCS 12.50 6,326 Complete Genomics GNOM 3.67 81,064 Computer Programs & Sys CPSI 42.15 86,409 DARA Biosciences Inc DARA 0.88 152,871 Digital Generation DGIT 11.56 129,139 Discovery Laboratories DSCO 1.57 45,830 Durect DRRX 1.20 78,156 Dynamics Research DRCO 7.75 8,784 Dynasil of America DYSL 1.72 19,770 Echo Therapeutics ECTE 2.05 51,678 First Security Group FSGI 1.42 2,100 Francesca's Holdings FRAN 17.19 93,442 FreeSeas FREE 0.56 11,583 G Willi Food Intl Ltd WILC 4.56 73,640 GeoEye GEOY 18.50 124,735 Glbl X Social Media Index SOCL 12.75 2,560 Globus Maritime GLBS 3.41 8,742 Grupo Galicia GGAL 6.61 294,344 Healthways HWAY 5.59 64,848 HomeAway AWAY 25.11 126,131 Hovnanian Enterprises A HOVNP 1.17 40,500 iGo IGOI 0.65 22,637 Innovative Sols & Support ISSC 3.98 5,000 Intermolecular IMI 8.12 156,634 Isle of Capri Casinos ISLE 4.38 16,016 Jacksonville Bancorp FL JAXB 3.50 5,000 Lincoln Educational Svcs LINC 6.90 20,611 M B T Fincl MBTF 0.96 10,000 Mercer Intl MERC 5.30 86,616 Netflix NFLX 65.65 4,191,538 Oclaro Inc OCLR 2.80 207,065 OpenTable Inc. OPEN 31.54 474,225 Opexa Therapeutics wt OPXAW 0.28 5,100 Pinnacle Airlines PNCL 2.08 31,100 Power-One PWER 3.93 2,059,119 Pure Bioscience PURE 0.46 71,618 Quantum Fuel Sys Techs QTWW 1.02 313,749 Reeds REED 1.31 15,070 Response Genetics RGDX 0.87 31,570 Shutterfly SFLY 31.06 184,311 Skyworks Solutions SWKS 14.08 2,925,773 State Investors Bancorp SIBC 10.10 5,200 support.com Inc SPRT 1.75 43,372 TBS Intl Cl A TBSI 0.31 29,346 THT Heat Transfer Tech THTI 0.87 1,300 TeleComm Systems (Cl A) TSYS 2.53 54,757 Thermogenesis KOOL 0.88 13,202 Tii Network Tech TIII 1.26 120,203 Vertex Pharm VRTX 26.75 1,336,392 Vertro Inc VTRO 1.28 14,700 VisionChina Media Inc VISN 1.10 110,224 Vitesse Semiconductor VTSS 2.08 30,639 Waterstone Fincl WSBF 2.16 1,500 Wayne Savings Bncshrs WAYN 7.75 700 Zillow Cl A Z 22.28 50,209 Zogenix ZGNX 1.55 83,512 Zoom Technologies ZOOM 0.77 119,102Comments »
Today’s Most Active Stocks
Consumer Confidence Rises to its Highest Level Since July; Largest Jump Since 2003
Today’s Heat Map and A/D Line
This Morning’s Most Active Put/Call Options Trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE NGD 1/21/12 10.0000 4213 1.2300 up 0.3800 USB 1/21/12 27.0000 3090 0.4100 dn 0.0200 BAC 12/17/11 6.0000 1057 0.1100 dn 0.0100 WMT 12/17/11 57.5000 1011 0.8500 up 0.1900 MRK 4/21/12 38.0000 762 0.5000 up 0.0000 BAC 1/21/12 6.0000 757 0.2800 dn 0.0200 WLT 1/21/12 100.0000 719 1.3000 up 0.2000 DELL 2/18/12 17.0000 654 0.3400 dn 0.0200 BAC 12/17/11 5.0000 647 0.4400 dn 0.0600 RIMM 12/2/11 18.0000 643 0.3000 up 0.2200 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE FMCN 12/17/11 15.0000 2067 1.2500 up 0.0000 FMCN 1/21/12 14.0000 1201 1.6500 dn 0.3000 SCSS 12/17/11 20.0000 1164 2.2000 up 0.0000 ALU 1/21/12 1.5000 838 0.2000 up 0.0500 FIO 12/17/11 30.0000 747 1.7000 dn 0.0500 SDRL 12/17/11 31.0000 600 0.9000 up 0.0000 QID 1/21/12 45.0000 572 2.5200 up 0.0000 XOM 1/21/12 70.0000 560 1.3800 up 0.0000 CQB 1/21/12 7.5000 510 0.5000 up 0.0500 PWRD 1/21/12 9.0000 500 0.6500 up 0.0000 -VOLUME- CALLS PUTS TOTAL 170364 180681 351045
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 12/17/11 6.0000 718 0.1000 dn 0.0200 BAC 12/2/11 5.0000 165 0.2500 dn 0.0600 BAC 1/21/12 6.0000 130 0.2700 dn 0.0200 AET 1/21/12 42.0000 122 0.9400 up 0.1700 GE 9/22/12 20.0000 112 0.2700 dn 0.0300 GRPN 12/17/11 16.0000 111 1.2500 up 0.2500 BAC 12/17/11 5.0000 104 0.4300 dn 0.0600 TZA 12/17/11 36.0000 100 2.9800 dn 0.2700 ANR 1/21/12 20.0000 83 2.7100 up 0.0300 C 12/17/11 32.0000 81 0.1400 up 0.0300 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE LNKD 1/21/12 60.0000 216 8.2000 up 1.2000 BAC 12/2/11 5.0000 209 0.1100 dn 0.0100 BAC 12/17/11 5.0000 205 0.3000 up 0.0200 XOM 1/21/12 70.0000 115 1.3900 dn 0.0400 VALE 12/17/11 24.0000 100 2.0100 up 0.2800 JPM 12/2/11 26.0000 100 0.0600 dn 0.0200 AMZN 12/2/11 190.0000 100 2.3900 dn 0.2600 TZA 12/17/11 28.0000 90 0.7500 dn 0.0200 VALE 12/17/11 23.0000 84 1.2700 up 0.1500 UAL 12/17/11 15.0000 65 0.1700 dn 0.1200 -VOLUME- CALLS PUTS TOTAL 9359 15722 25081Comments »
Case Shiller Index of Home Prices Falls 3.9% in Q3
Tom Lee of JPM Still Insists on 1350 S&P by Year End
Unless Europe can really get something done this seems like a very unlikely target.
Comments »Seagate Technologies, $STX, Raise Guidance
Upgrades and Downgrades This Morning
Upgrades
QCOM – Qualcomm initiated with an Outperform at Scotia
JEC – Jacobs initiated with a Buy at Lazard
DNR – Denbury Resources upgraded to Buy from Neutral at Suntrust
HON – Honeywell assumed with a Buy from Neutral at Sterne Agee
KBR – KKR initiated with a Buy at Lazard
IDIX – Idenix Pharma upgraded to Outperform from Market Perform at William Blair
MTRN – Materion upgraded to Buy from Hold at Keybanc
BA – Boeing initiated with a Buy at Sterne Agee
ARBA – Ariba upgraded to Outperform at Oppenheimer
HPQ – Hewlett-Packard upgraded to Outperform from Sector Perform at RBC Capital
TGI – Triumph Group initiated with a Buy at Sterne Agee
STO – Statoil ASA upgraded to Buy from Neutral at Collins Stewart
PCP – Precision Castparts initiated with a Buy at Sterne Agee
ESC – Emeritus Corp initiated with an Outperform at JMP Securities
BEAV – BE Aerospace initiated with a Buy at Sterne Agee
SNDK – SanDisk target raised to $68 at Stifel Nicolaus
CECE – CECO Environ. resumed with a Buy at Needham
SPR – Spirit Aerosystems initiated with a Buy at Sterne Agee
SUSQ – Susquehanna Bank upgraded to Buy from Neutral at Sterne Agee
SYA – Symetra Financial upgraded to Neutral from Underperform at BofA/Merrill
VRA – Vera Bradley initiated with a Neutral at JP Morgan
Downgrades
DD – DuPont initiated with a Neutral at UBS
XLS – Exelis initiated with a Neutral at Suntrust
CCRN – Cross Country downgraded to Neutral from Buy at Suntrust
FWLT – Foster Wheeler initiated with a Neutral at Lazard
TX – Ternium S.A. downgraded to Neutral from Buy at BofA/Merrill
COL – Rockwell Collins initiated with a Neutral at Sterne Agee
ZION – Zions Bancorp downgraded to Neutral from Outperform at Macquarie
DDS – Dillard’s downgraded to Neutral from Buy at Sterne Agee
PPL – PPL Corp downgraded to Equal Weight from Overweight at Barclays
NFP – National Financial Partners downgraded to Underperform at BofA/Merrill
AHS – AMN Healthcare Services downgraded to Neutral from Buy at Suntrust
NR – Newpark Res initiated with a Hold at Canaccord Genuity
Comments »Gapping Up and Down This Morning
Gapping up
TOT +2%, BP +1.7%, YHOO +1%, IRE +5.7%, AIXG +4.7%, RIMM +3.2%, FDML +2.7%, HI +6.9%, STX +6.3%,
CEDC +6.2%, CUK +2.7%, CCL +2.7%, HPQ +1.1%, DB +2.6%, UBS +2.6%, PPG +1.2%, RIMM +3.2%,
Gapping down
RIG -4.7%, SUSS -3.6%, VALE -2.2%, SLV -1.5%, EGBN -2.2%, AG -1.2%, TIF -4.9%, RIO -1.1%,ABVA -8%
GLD -0.2%, TLAB -3.3% , DDS -1.4% ,
Comments »In Play and On the Wires
Asia Holds Gains Overnight While Europe and U.S. Futures Follow Through
Asian Markets Open to The Upside; Nikkei Up 1%
The Bulls Come Roaring Back From a Thanksgiving Beating
DOW up 291
NASDAQ up 85
S&P up 33
