No. Ticker 1-week Return
1 ALIM -82.09
2 FTWR -69.53
3 PSDV -65.90
4 HEV -62.96
5 NEWN -58.62
6 RMBS -49.31
7 CERP -42.42
8 CIIC -41.91
9 PERY -37.85
10 MF -35.48
11 TSTC -34.54
12 WHRT -34.48
13 OSN -33.83
14 FFHL -33.20
15 ANX -33.05
16 TPI -32.60
17 FFN -32.43
18 MVIS -32.29
19 DQ -31.75
20 EEE -30.00
21 GERN -28.70
22 MTOR -28.33
23 ATRN -27.75
24 CYDE -26.39
25 GOK -26.35
26 WNR -25.79
27 HSOL -25.54
28 ZOOM -24.27
29 CVI -23.92
30 CRME -23.70
31 HMPR -23.44
32 HEB -23.08
33 LEXG.OB -23.01
34 MRNA -23.00
35 ZBB -22.35
36 ANCI -22.22
37 MOBI -21.91
38 FEED -21.88
39 DK -21.61
40 MCP -21.58
41 IDI -21.49
42 TWER -21.26
43 BONT -21.12
44 AMR -21.10
45 BRLI -21.08
46 NEXS -20.92
47 CTRP -20.91
48 CVO -20.78
49 MGI -20.52
50 JKS -20.33
Today’s Biggest Losers
No. Ticker % Change
1 CIIC -38.77
2 PERY -36.43
3 WHRT -20.83
4 XFN -18.00
5 TX -17.94
6 DQ -16.89
7 YOKU -16.20
8 BTUI -14.15
9 TIV -13.59
10 MXC -13.58
11 KEM -13.33
12 TBUS -12.97
13 INVE -12.89
14 OMX -12.81
15 CMRG -12.80
16 FTWR -12.67
17 ANCI -12.50
18 NTAP -12.32
19 MOC -12.09
20 HAUP -11.97
21 CAGC.PK -11.69
22 JSDA -11.67
23 LODE -11.43
24 KV-A -11.19
25 DK -11.18
26 CF -11.13
27 NEWN -11.11
28 RSOL -11.04
29 CIS -11.02
30 WNR -10.80
31 INUV -10.34
32 FFN -10.07
33 CNAM -10.00
Bears Maul the Bulls; Tech and Materials Lead the Way Down
Well off the worst levels of the day, but still a mauling for the bulls….it was a light volume day if that means anything.
DOW down 134
NASDAQ down 51
S&P down 20
Today’s Most Active Put/Call Option Trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 11/19/11 6.0000 2357 0.0500 dn 0.0400 BAC 12/17/11 7.0000 1177 0.1000 dn 0.0200 FCX 11/19/11 36.0000 966 1.0400 dn 1.3500 AAPL 11/19/11 385.0000 911 0.6200 dn 2.8300 BAC 12/17/11 6.0000 678 0.3800 dn 0.0300 AAPL 11/19/11 390.0000 671 0.2300 dn 1.2200 MU 11/19/11 6.0000 615 0.4500 dn 0.0200 INTC 12/17/11 26.0000 493 0.2800 dn 0.1000 TGT 11/19/11 52.5000 464 0.4500 dn 0.5900 AAPL 11/19/11 380.0000 454 1.8000 dn 5.4900 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE LNKD 11/19/11 75.0000 635 1.4000 dn 2.6000 EMC 12/17/11 22.0000 556 0.5100 up 0.2800 AAPL 11/19/11 380.0000 502 5.1000 up 3.1300 AAPL 11/19/11 385.0000 500 8.9000 up 5.5500 GLD 11/19/11 166.0000 406 0.8000 up 0.6500 BAC 11/19/11 6.0000 392 0.1700 up 0.0100 MS 11/19/11 14.0000 365 0.3100 up 0.1100 GLD 11/19/11 164.0000 271 0.1200 up 0.0300 FAS1 11/19/11 15.0000 263 3.1000 up 0.5500 AAPL 11/19/11 365.0000 252 0.4700 up 0.3100 -VOLUME- CALLS PUTS TOTAL 102770 135578 238348
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE ALL 1/21/12 29.0000 16295 0.2800 dn 0.0300 ALL 12/17/11 28.0000 7919 0.2200 dn 0.0100 INTC 1/19/13 30.0000 5030 1.0600 dn 0.0600 AAPL 11/19/11 390.0000 4908 0.1800 dn 1.1700 BAC 12/17/11 7.0000 4892 0.1000 dn 0.0200 AAPL 11/19/11 385.0000 4287 0.5600 dn 2.7900 ALL 4/21/12 30.0000 3645 0.7200 up 0.0200 INTC 12/17/11 23.0000 3511 1.8600 dn 0.3500 BAC 11/19/11 6.0000 3490 0.0500 dn 0.0500 INTC 2/18/12 23.0000 3485 2.2100 dn 0.4900 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 1/21/12 14.0000 4975 8.0700 up 0.1700 JEF 11/19/11 9.0000 3638 0.2000 up 0.1500 AAPL 11/19/11 380.0000 3469 5.1000 up 3.1500 JEF 11/19/11 10.0000 3396 0.5000 up 0.2500 BAC 11/19/11 6.0000 3284 0.1900 up 0.0200 AXP 12/17/11 48.0000 2708 2.6900 up 0.7700 GE 12/17/11 15.0000 2618 0.4200 up 0.1400 AAPL 11/19/11 375.0000 2606 2.5300 up 1.5600 PEP 12/17/11 60.0000 2461 0.6900 up 0.2900 AAPL 11/19/11 370.0000 2142 1.1000 up 0.5200 -VOLUME- CALLS PUTS TOTAL 1500822 1686681 3187503Comments »
FLASH: STOCKS GET CORZINE’D, SILVIO’D, UPPER-DECKERED, RIMM-JOB’D IN LUNCHTIME TRADING
Intraday woosh down at around 12:30pm EST. Nasdaq currently down more than 2%
Comments »321 Crack Spreads Continue to Crash
Today’s Money Flows, Heat Map, and A/D Line
Money Flows
ISSUE GAINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
SPDR S&P 500 SPY ARCA 123.31 +46.0 1.14
Cigna CI NYSE 42.90 +22.8 1.74
Micron Tech MU NASD 6.60 +16.0 2.10
ExxonMobil XOM NYSE 78.44 +14.9 1.65
Bank Of America BAC NYSE 5.96 +13.2 1.52
Intel INTC NASD 24.78 +12.0 1.82
LinkedIn Cl A LNKD NYSE 75.11 +11.8 1.55
Pfizer PFE NYSE 19.40 +10.4 2.16
NetApp NTAP NASD 36.38 +10.0 1.20
IBM IBM NYSE 187.49 +9.3 1.31
Qualcomm QCOM NASD 56.76 +8.6 1.60
Philip Morris Intl PM NYSE 72.14 +8.5 1.73
Boeing BA NYSE 66.94 +7.5 1.66
SPDR Gold Tr GLD ARCA 169.25 +7.3 1.07
Green Mountain Coffee GMCR NASD 54.58 +6.6 1.11
Wells Fargo WFC NYSE 24.88 +6.6 1.81
Salesforcecom CRM NYSE 130.24 +6.5 1.44
PwrShrs QQQ Tr Series 1 QQQ NASD 56.73 +5.6 1.18
McDonald's MCD NYSE 93.09 +5.3 1.57
Caterpillar CAT NYSE 95.33 +5.3 1.22
ISSUE DECLINERS SYMBOL EXCH LAST PRICE MONEY FLOW RATIO
(in millions)
Goodrich Corp GR NYSE 123.17 -45.0 0.05
Delphi Automotive DLPH NYSE 21.73 -44.2 0.34
Apple AAPL NASD 383.59 -41.7 0.82
Google GOOG NASD 609.09 -22.0 0.76
Microsoft MSFT NASD 25.91 -14.7 0.50
Semiconductor HOLDRs Tr SMH ARCA 31.42 -11.3 0.18
iShrs MSCI Australia EWA ARCA 22.63 -10.9 0.12
Chevron CVX NYSE 100.50 -10.4 0.67
CF Ind Hldgs CF NYSE 158.50 -10.3 0.75
Citigroup C NYSE 26.46 -10.0 0.77
pricelinecom PCLN NASD 531.45 -7.9 0.80
Carnival CCL NYSE 31.20 -7.7 0.42
Johnson & Johnson JNJ NYSE 63.73 -7.6 0.50
Las Vegas Sands LVS NYSE 47.31 -7.5 0.70
Cisco Systems CSCO NASD 18.70 -7.0 0.57
Procter & Gamble PG NYSE 62.97 -6.6 0.48
Prologis PLD NYSE 27.62 -6.4 0.23
EMC Corp EMC NYSE 23.54 -6.2 0.62
PepsiCo PEP NYSE 63.76 -6.0 0.90
iShrs MSCI Brazil (Free) EWZ ARCA 60.68 -6.0 0.60
Comments »
Today’s 52 Week highs and Lows
NYSE
New Highs 7 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Alliance CA Municipal AKP 14.06 5,586 BlkRk MuniYld Inv MYF 14.46 4,577 Healthspring HS 54.69 3,139,014 Invesco Qty Inv IQT 13.50 6,970 Invesco Van Kampen Mun Tr VKQ 13.90 32,034 Kansas City So 4% pfd. KSUp 26.34 770 Nuveen Ins CA NXC 13.65 827 New Lows 25 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Artio Global Invs Inc ART 6.30 6,914 Avon Products AVP 17.34 318,224 Bank Of Ireland IRE 4.45 191,211 Camelot Info Sys ADS CIS 2.14 102,329 China Mng Yng Wnd Pwr ADS MY 2.03 38,089 Daqo New Energy ADS DQ 2.14 60,093 DigitalGlobe DGI 16.50 19,806 First BanCorp Rts FBPr 0.00 12,743 FITrGSNotes6.75%ClA TFG 22.67 1,700 Furniture Brands FBN 1.06 97,330 ICICI Bank IBN 30.43 368,207 IFM Investments ADS CTC 0.39 4,086 Imation IMN 6.08 22,397 Invacare Corp IVC 20.24 7,780 Jefferies Grp JEF 9.72 2,514,269 Lloyds Banking Grp LYG 1.58 1,208,507 Maidenform Brnds MFB 17.02 105,072 Old Republic Intl ORI 7.86 121,256 Portugal Telecom PT 6.55 13,002 Reddy Ice Holdings FRZ 0.64 20,710 Renren A ADS RENN 4.31 675,624 SimcerePharm ADS SCR 7.23 12,876 Sun Life Fincl SLF 19.93 132,296 Thermo Fisher Sci TMO 47.38 599,264 US Airways Grp LCC 4.44 907,593
NASDAQ
New Highs 10 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Analysts Intl ANLY 5.20 20,110 Cobra Electronics COBR 5.33 10,043 Golar LNG GLNG 44.06 249,945 HealthStream HSTM 16.85 40,913 IntriCon IIN 7.01 2,440 Lumos Networks LMOS 17.99 7,569 MicroNetics NOIZ 8.38 8,290 Netlist NLST 3.75 1,365,935 SPS Commerce SPSC 23.00 18,005 Trans World Entertainment TWMC 2.26 6,661 New Lows 38 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Adept Technology ADEP 2.39 3,300 Ambassadors Grp EPAX 4.34 5,960 ApplEntrgtcs AERG 0.09 48,950 Bon-Ton Stores BONT 3.07 37,637 Broadvision Inc BVSN 7.84 3,521 Canadian Solar CSIQ 2.23 222,472 China Ceramics Un CCCLU 2.82 339 China Sunergy Co CSUN 0.88 74,818 Digital Generation DGIT 13.32 306,551 FNB United FNBND 12.75 1,009 FiberTower FTWR 0.22 461,810 Grupo Galicia GGAL 7.17 81,838 Hoku HOKU 1.21 7,160 Human Genome Sciences HGSI 8.45 447,654 Interactive Intelligence ININ 24.00 19,839 Kratos Defense & Sec Sols KTOS 5.31 14,322 Ku6 Media ADS KUTV 1.40 7,950 Marchex (Cl B) MCHX 5.81 73,609 Microvision MVIS 0.45 60,130 Myrexis MYRX 2.46 15,922 Orckit Comm ORCT 1.00 14,918 Perry Ellis Intl PERY 13.82 633,468 Pinnacle Airlines PNCL 2.31 5,055 Princeton National Bncp PNBC 1.40 2,900 Radisys RSYS 4.68 14,592 SRS Labs SRSL 5.59 3,001 Silver Standard Resources SSRI 13.69 646,018 Torm A/S TRMD 0.80 14,000 Thermogenesis KOOL 0.90 4,694 TransAct Techs TACT 6.31 5,629 USA Techs wt USATW 0.03 10,980 Utd Security Bancshares UBFO 2.18 2,271 Vertex Pharm VRTX 28.78 235,225 VisionChina Media Inc VISN 1.28 39,617 Wayne Savings Bncshrs WAYN 7.76 506 World Heart WHRT 0.19 93,600 Wowjoint Holdings BWOW 0.61 3,600 XenoPort XNPT 4.76 7,251Comments »
Spanish Yields Reverse Course on ECB Buying and Rumors of IMF Deal
Spanish Yields Ease Off Highs On ECB Buying, IMF Talk
Last update: 11/17/2011 10:35:00 AM
LONDON (Dow Jones)–Spanish bond yields eased off euro era highs hit earlier Thursday as the European Central Bank bought the country’s bonds and markets hoped that the ECB could use the International Monetary Fund to lend money to euro-zone governments threatened with insolvency.
The yield on the benchmark 10-year Spanish bond was at 6.50% as of 1512 GMT, according to Tradeweb data, having climbed to a euro era high of 6.75% earlier.
Spanish bonds had tanked after yields soared at a sale of 11-year bonds, raising concerns that the country could be shut out of financial markets if borrowing costs continued to rise.
A rise above 6.50% on the 10-year government bond hastened a rise in Italian yields above 7%, a level that in the past toppled Greece, Ireland, and Portugal and forced them into seeking external assistance.
However, Spanish bonds did recover off their worst levels on support from the ECB, which also bought Italian bonds, helping pull the 10-year Italian bond yield below the psychological 7% mark.
Yields on bonds issued by the so-called peripheral euro-zone countries also came off their highs after two sources familiar with the matter said a proposal that would call on the ECB to lend money to the IMF to finance bailouts for countries in need could resurface despite opposition from the ECB and Germany.
The moves in Italy and Spain also aided a recovery in other euro-zone bond markets, notably France, which had earlier seen its borrowing costs relative to Germany hit euro era highs.
At 1512 GMT, the 10-year French bond was yielding 3.60%, off the session high of 3.81%.
The 10-year French/German yield spread was 15 basis points tighter at 174 basis points, having widened to a euro era record above 200 basis points earlier Thursday.
Meanwhile, German bunds pared gains, with the futures contract due in December falling by 61 ticks to 137.54.
-By Neelabh Chaturvedi, Dow Jones Newswires; + 44 (0)207 842 9495, [email protected]
Comments »
Philly Fed Index: Prior 8.7, Market Expects 7.5, Actual 3.6
A Slideshow on Employment in the U.S.
Upgrades and Downgrades This Morning
Upgrades
PM – Philip Morris International target raised to $80 from $75 at Stifel Nicolaus
PGR – Progressive initiated with an Outperform at Bernstein
SF – Stifel Financial initiated with an Outperform at Raymond James
ADSK – Autodesk upgraded to Buy at Argus
LULU -lululemon athletica upgraded to Buy at Stifel Nicolaus
ENB – Enbridge upgraded to Buy from Hold at Canaccord Genuity
CNC – Centene initiated with an Outperform at Raymond James
SARA – Saratoga Resources initiated with a Mkt Outperform at Rodman & Renshaw
SIMO – Silicon Motion target raised to $25 at Needham
GPRO – Gen-Probe initiated with a Buy at ThinkEquity
EV – Eaton Vance downgraded to Neutral from Buy at Sterne Agee
HOLI – HollySys upgraded to Overweight from Neutral at Piper Jaffray
XLS – Exelis initiated with a Neutral at JP Morgan
AMT – American Tower added to Conviction Buy List at Goldman
ENB – Enbridge upgraded to Buy from Hold at TD Newcrest
MU – Micron upgraded to Outperform at Oppenheimer
ROVI – Rovi initiated with an Outperform at JMP Securities
LFUS – Littelfuse initiated with a Hold at Stifel Nicolaus
TIVO – TiVo initiated with an Outperform at JMP Securities
Downgrades
AAPL – Apple ests cut at Oppenheimer to build in more cautious iPad ramp
DK – Delek US Holdings downgraded to Hold from Buy at Deutsche Bank
BK – Bank of NY downgraded to Neutral from Buy at Suntrust
RCL – Royal Caribbean initiated with Neutral at HSBC
CCL – Carnival initiated with Neutral at HSBC
IHG – Intercontinental Hotels Group initiated with Neutral at HSBC
NTAP – NetApp downgraded to Neutral at Collins Stewart
WNR – Western Refining downgraded to Hold from Buy at Deutsche Bank
ANF – Abercrombie & Fitch downgraded to Hold from Buy at ISI Group
MRVL – Marvell downgraded to Underperform from Market Perform at JMP Securities
TFM – The Fresh Market downgraded to Neutral from Overweight at Piper Jaffray
STT – State Street downgraded to Neutral from Buy at Suntrust
TD – Toronto-Dominion Bank downgraded to Market Perform from Outperform at Keefe Bruyette
KEM – KEMET initiated with a Hold at Stifel Nicolaus
CHK – Chesapeake Energy downgraded to Sell at Argus
GES – Guess? downgraded to Underperform from Neutral at BofA/Merrill
PGR – Progressive downgraded to Hold at Deutsche Bank
SBH – Sally Beauty downgraded to Equal Weight from Overweight at Barclays
ANSS – ANSYS initiated with a Neutral at Goldman
NXTM – Nxstage Medical initiated with Overweight at Piper Jaffray
PMTC – Parametric initiated with a Neutral at Goldman
UA – Under Armour initiated with a Hold at Auriga
MPC – Marathon Petroleum removed from Best Ideas list at Morgan Stanley
COLM – Columbia Sportswear initiated with a Hold at Auriga
RMBS – Rambus downgraded to Neutral from Overweight at JPMorgan
Comments »Gapping up and Down This Morning
Gapping up
MLNK +13.8%, RMBS +5.2%, DNDN +2.3%, LNKD +0.8%,QIHU +6.8%, HOTT +7.4%, SLXP +6.2%, ZOLL +5.2%,
QIHU +4.7%, RMBS +4.1%, PLCE +9.4%, NTES +3.4%, MGAM +4.6%, HFC +2.3%, NGG +1.9%, AZN +1%, HS +1%,
Gapping down
YOKU -14.1%, PERY -17%, NTAP -7.2%, FRO -3.2%, SHLD -3.7%, AMAT -2.5%, LTD -2.3% , MT -1.3%, EMC -1.2%,
PETM -0.7%, LYG -4.8%, BCS -1.5%, PEIX -5.8%, DGIT -5%, HBC -1.3%, EV -2.3% , IRE -1.3%, STT -1.6%,WNR -1.3%,
SSRI -3.1%, HL -1.7%, SLV -1.6%, MT -1.3%, GDX -1.3%, BBL -1.2%, FCX -1.2%, RIO -1%, GLD -0.7%, BHP -0.5%,
In Play and On the Wires
Initial Claims: Prior 390k, Market Expects 398k, Actual 388k….Housing Starts: Prior 658k, Market Expects 604k Actual 628k
European Yields Climb; Spain Hits New Record High
Global Markets Sell Off on Disappointing Bond Auctions and Higher Yields
Asian Markets Open to the Downside
Bears Take Charge on European Debt Fears
DOW down 190
S&P down 46
NASDAQ down 20
A report out of Fitch got the markets nervous and we started to tank around 3 pm.
Market looking oversold so some covering might be to your advantage if your short.
FLASH: Banks Are Getting Hit Hard
mkt caps over $1bill
No. Ticker % Change Market Cap Sector
1 CME -6.54 17,100,000,000 FINANCIAL
2 MS -5.59 30,700,000,000 FINANCIAL
3 LFC -5.28 82,320,000,000 FINANCIAL
4 MCO -4.38 7,700,000,000 FINANCIAL
5 BSBR -3.96 31,600,000,000 FINANCIAL
6 KCG -3.52 1,150,000,000 FINANCIAL
7 DFS -3.49 13,690,000,000 FINANCIAL
8 JEF -3.45 2,430,000,000 FINANCIAL
9 NMR -3.41 11,830,000,000 FINANCIAL
10 KKR -3.30 2,840,000,000 FINANCIAL
11 ETFC -3.21 2,470,000,000 FINANCIAL
12 GNW -3.18 3,240,000,000 FINANCIAL
13 GS -3.08 49,110,000,000 FINANCIAL
14 CIM -2.84 2,900,000,000 FINANCIAL
15 HBC -2.81 140,730,000,000 FINANCIAL
16 ORI -2.79 2,110,000,000 FINANCIAL
17 RRD -2.77 2,980,000,000 FINANCIAL
18 COF -2.72 19,920,000,000 FINANCIAL
19 C -2.69 81,920,000,000 FINANCIAL
20 EQR -2.66 17,430,000,000 FINANCIAL
21 AMTD -2.59 9,550,000,000 FINANCIAL
22 NDAQ -2.55 4,720,000,000 FINANCIAL
23 MMC -2.53 16,580,000,000 FINANCIAL
24 AXP -2.50 58,020,000,000 FINANCIAL
25 ICE -2.48 9,230,000,000 FINANCIAL
