Silver +30%
Coffee +12%
Gasoline +12%
Corn +9%
Gold +9%
Cocoa +7%
Oil +7%
Natural Gas +5%
———————-
Cotton -16%
Sugar -15%
Livestock -6%
Lead -6%
Monthly Archives: April 2011
Today’s ETF Winners/Losers
No. Ticker % Change
1 GRN 4.69
2 DRV 4.51
3 EPU 3.63
4 NIB 3.47
5 TAN 3.20
6 CHOC 2.99
7 SRS 2.89
8 ICLN 2.85
9 DIRT 2.77
10 DCNG 2.64
11 FCO 2.12
12 JRS 1.97
13 PIC 1.86
14 FCT 1.84
15 EPHE 1.74
16 FXP 1.63
17 XSD 1.50
18 URR 1.49
19 PALL 1.48
20 WIA 1.47
21 TYG 1.45
22 LBJ 1.43
23 CORN 1.40
24 QCLN 1.38
25 PBD 1.38
——————————–
No. Ticker % Change
1 IIH -4.40
2 DRN -4.27
3 BXDC -4.08
4 LEDD -3.20
5 FUE -2.86
6 SGG -2.66
7 URE -2.66
8 JJT -2.60
9 SGAR -2.55
10 FBT -2.31
11 CUPM -1.97
12 DPK -1.92
13 URA -1.87
14 REZ -1.86
15 UCD -1.67
16 EFU -1.49
17 SDK -1.44
18 ICF -1.42
19 VNQ -1.42
20 WEET -1.39
21 GSC -1.38
22 BXDB -1.38
23 CHN -1.36
24 PSLV -1.36
25 JJS -1.34
Today’s Biggest Winners/Losers
No. Ticker % Change
2 SPWRA 36.23
3 ACOM 29.76
4 NTGR 24.12
5 ASGN 21.82
6 TNAV 18.48
7 STBC 17.88
8 SCEI 16.60
9 LEXG.OB 15.16
10 MXL 14.75
11 ZOLL 14.70
12 WEBM 14.38
13 SWKS 13.63
14 MASC 13.01
15 TSTC 12.50
16 GT 12.47
17 TRLG 11.69
18 N 11.63
19 KEG 11.54
20 MPWR 11.50
21 QDEL 11.12
22 CT 10.75
23 RADS 10.51
24 CERN 10.38
25 SIMO 10.04
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No. Ticker % Change
1 KVHI -17.69
2 SUNH -15.69
3 KND -14.76
4 SKH -14.23
5 RIMM -13.20
6 NATI -12.41
7 RAS -12.22
8 WWE -11.02
9 ENSG -10.88
10 HRZ -10.75
11 CBAK -10.47
12 GOLF -10.00
13 SURW -9.87
14 PDFS -9.36
15 KAD -9.23
16 CABL -9.09
17 ONTY -8.91
18 CTCT -8.89
19 IM -8.78
20 QBC -8.66
21 IDI -8.51
22 RLOC -8.27
23 REGN -7.99
24 CHH -7.82
25 SPPI -7.53
Upgrades and Downgrades This Morning
Upgrades
SWN – SW Energy target raised to $50 from $45 at FBR Capital
CRR – Carbo Ceramics downgraded to Neutral at Global Hunter Securities
NSC – Norfolk Southern target raised to $85 from $81 at Longbow
CAVM – Cavium Networks target raised to $56 from $54 at Auriga U.S.A
SPWRA – Sunpower target raised to $23.25 from $17 at Kaufman Bros
CERN – raised to $121 from $110 at Stifel Nicolaus
TRLG – True Religion target raised to $36 from $28 at Brean Murray
PEP – PepsiCo target raised to $78 from $68 at Stifel Nicolaus
BA – Boeing upgraded to Neutral from Underweight at HSBC
DHR – DR Horton: Ticonderoga’s First Look – Some good, some bad; net solid release in bad environment
EPAY – Bottomline Tech target raised to $31 from $29 at Needham
Downgrades
MSFT – Microsoft target lowered to $28 from $30 at FBR Capital
NOV – Natl Oilwell Varco target lowered to $100 from $104 at Dahlman Rose
RIMM – Research In Motion downgraded to Sector Perform from Top Pick at RBC Capital
VSEA – Varian Semi target lowered to $53 at Needham
RGC- Regal Entertainment downgraded to Outperform from Strong Buy at Raymond James
Comments »Gapping Up and Down This Morning
Gapping Up
KERX +4.2%, TAN +4.1%, MMI +4%, JASO +3.9%, TSL +3.9%, EMN +6.9%, CSIQ +6.8%, SWKS +14.5%, HRZ +13.6%, SIMO +13.4%, ACOM +13%, TRLG +11.5%, ESLR +2.8%, SOLR +1.8%, LDK +5%, CW +4.5%, CERN +4.4%, HLS+9.2%, TNAV +9%, CSTR +8.6%, FSLR +7.5%, N +7.3%, STP +7.2% CSUN +6.3%, MPWR +6.3%, PMCS +5.5%, SPWRA +38%, DLA +18.7%, NTGR +17.6%, ENER +5.4%, ZOLL +5.3%, YGE +5.2%, JKS +5.2%, SOL +5.1%, LEG +5.1% ASTI +3.8%, SAP +1.8%, BIDU +1.5%, CLF +1.5%, VPRT +1.4%,VRTX +1.3%, KLAC +1%.
Gapping Down
GME -3.8%, FNSR -3.7%, VSEC -2.8%, AMKR -4.3%, OPWV -2.4%, MWW -2.2%, VRSN-2%, JDSU -1.9%,INFN -2.5%, PDFS -15.2%, OCLR -11.7%, RIMM -11.6%, ONTY -7.9%, DECK -7.9%, TSYS -7%, CROX -6.1%, IM -5.7%, CMLP -4.8%,ENDP -4.4%, MSFT -1.1%, CTCT -3.4%, CAVM -2.8%
Comments »In Play and On the Wires
Companies Offset Higher Input Costs With Jobs and Productivity
Inflation Ticks Higher in Europe Forcing Trichet and the ECB to Take Further Action
“Early estimates for April eurozone inflation came out ahead of expectations, with the region’s CPI rising to 2.8%, according to Eurostat.
More alarming, it’s all about the continent’s biggest economic powers, and we don’t just mean Germany. Inflation picked up in Spain and Italy, two of the eurozone’s biggest economies, rising 0.2% to 3.5% and 3.0%, respectively.”
Comments »Big Banks Try to Improve Mortgage Units as They Fall Under Regulatory Microscope
Merck & Co. Inc Earnings: $0.92 EPs vs Consensus of $0.84 on Revenues of $11.6 Bn
“…..”Our strong results were largely driven by double-digit growth of key products combined with deliberate cost control measures across all areas of the company as we continue to create a more effective and efficient operating model,” Chief Executive Kenneth C. Frazier said in a statement….”
Comments »Caterpillar Inc Earnings: $1.84 EPS vs Consensus of $1.31 on Revenues of $12.95 Bn
“….In addition, the company boosted its full-year outlook, saying it now expects to earn $6.25 to $6.75 a share, up from its prior forecast of “near $6” a share.
Shares of Caterpillar [CAT 112.64 
0.03 (+0.03%) 
] rose more than 2 percent in pre-market trading Friday. Get real-time quotes for Caterpillar here.“
Both the Dollar and Oil Show Weakness Into This Morning’s Trading Session
“The Dollar Index slipped for the ninth day and oil fell from a 31-month high in New York on concern global economic growth is slowing. Stocks and U.S. index futures were little changed, while Greek bonds tumbled.
The gauge of the U.S. currency against its six trading partners declined 0.3 percent at 7:05 a.m. in New York. China’s yuan strengthened beyond 6.5 per dollar for the first time since 1993. Oil slid 0.2 percent. The Stoxx Europe 600 Index gained 0.1 percent and Standard & Poor’s 500 Index futures rose less than 0.1 percent. South Korea’s Kospi Index sank 0.7 percent.Greece’s two-year yield jumped 41 basis points to 25.33 percent.”
Comments »Asian Markets Trade Mixed
“Asian stocks fell, with a regional benchmark index dropping for the first time in three days, as U.S. economic growth and South Korean industrial production slowed, sparking concern company earnings may falter.”
Comments »European Markets Trade Unchanged
“European stocks were little changed, with the benchmark StoxxEurope 600 Index heading for a weekly gain. Asian shares retreated while U.S. index futures drifted between gains and losses.
Yara International ASA (YAR) rallied 3.8 percent after reporting first-quarter net income that beat analyst estimates….”
Comments »Vale to Invest $1.5 Bn in Hydro-Electric Plant in Brazil
They might invest up to 9% of the total project. Stealth socialism as the government has tentacles into the company and has maneuvered the CEO out of the company last month.
Comments »China’s Market Rises on Factory Growth Erasing this Weeks Losses
“China’s stocks rose, narrowing the benchmark index’s biggest weekly loss since November, as a report showing manufacturing expanded eased concerns the nation’s policy tightening measures have slowed the economy.
Anhui Conch Cement Co., China’s biggest cement producer, climbed 2.1 percent as the factory gauge stayed above the expansion threshold. China Southern Airlines Co. gained the most in two weeks as a stonger yuan may cut its U.S. dollar-based debt. Datang International Power Generation Co. led a rally for power producers on speculation the government may allow them to boost prices. Industrial Bank Co. slid 3.3 percent after Orient Securities Co. said banks’ net interest margin growth will slow.”
Comments »Yuan Strengthens to 1993 Levels Against the Greenback
“China’s yuan strengthened beyond 6.5 per dollar for the first time since 1993, supported by speculation the central bank will allow appreciation to help tame the fastest inflation in more than two years.
The currency’s seventh weekly gain, its longest winning streak since July 2008, may damp U.S. criticism of China’s exchange-rate policy before Vice Premier Wang Qishan heads to Washington next month for talks with Treasury Secretary Tim Geithner. Consumer prices in Asia’s biggest economy rose 5.4 percent from a year earlier in March, exceeding the government’s 4 percent goal for this year.”
Comments »Research In Motion Swan Dives on Analysts Call and Downbeat Forecast
“Research In Motion Ltd. (RIMM) plunged in late trading yesterday as analysts said a reduced profit forecast hurts management’s credibility and raises pressure on the company as it heads into an annual trade show next week.
The Waterloo, Ontario-based company lowered its outlook for this quarter, a month after providing figures. Profit will be $1.30 to $1.37 a share, RIM said yesterday, instead of $1.47 to $1.55, a forecast below analysts’ estimates at the time.”
Comments »Russia Hikes Interest Rates Unexpectedly
“Russia’s central bank unexpectedly increased its benchmark interest rate for the second time this year to cap inflation in the world’s biggest energy supplier.
Bank Rossii raised the refinancing rate to 8.25 percent from 8 percent, it said on its website today. Fifteen of 20 economists in a Bloomberg survey expected no change. Policy makers in Moscow also increased the overnight deposit rate a quarter point to 3.25 percent and the overnight auction-based repurchase rate by the same amount to 5.5 percent. The change is effective May 3. Reserve ratios remained unchanged.”
Comments »Flash: Spanish Unemployment at 21.3%
Q1 unemployment came in at 21.3% up from 20.3% last quarter.
Also, Spanish inflation data up 3.5%, more than expected.
Comments »
