Monthly Archives: January 2012
U.S. Equity Preview: CA, CVX, EMC, JAG, MFLX, PVH, & WYNN
Gapping Up and Down This Morning
Gapping up
SLV +1.9%, BHP +1.9%, HBC +1.6%, AUY +1.6%, DB +4.9%, TSCO +4.9%, JAG +4.4%, ING +3.9%, WLT +3.8%,
MT +3.5%, UBS +2.9%, BBL +2.4%, RIO +2.3%, STD +2.2%, GOLD +2.1%, PRST +39.3%, MFLX +9.6%, TACT +7.6%, BCS +5.2%,
DKS +5.8%, AUY+1.4%, TACT +7.6%, JAG +4.4%, WLT +3.8% , OPWV +6.8%, QCOR +2.6%,
TGT +1.8%, GOOG+0.6%
Gapping down
BGFV -7.1%, EXFO -5.1%, RELL -4.6%, PVH -4.1%, CPT -2.8%, INFY -10.5%, DRWI -9.8%, LINE -2.1%, CVX -1.4%,
Comments »Upgrades and Downgrades This Morning
American Express Co. (NYSE: AXP) Reiterated Buy with $60 target at Argus.
Atmel Corporation (NASDAQ: ATML) Maintained Buy but cut target to $11 at Canaccord Genuity.
BlackRock Inc. (NYSE: BLK) Started as Buy at UBS.
Chevron Corporation (NYSE: CVX) Maintained Outperform but cut earnings estimates at Credit Suisse.
Continental Resources (NYSE: CLR) Cut to Hold with $79 target at Canaccord Genuity.
Entertainment Properties Trust (NYSE: EPR) Cut to Neutral at JPMorgan.
Equity Residential (NYSE: EQR) Cut to Neutral at JPMorgan.
France Telecom SA (NYSE: FTE) Cut to Underweight at JPMorgan.
HSBC Holdings PLC (NYSE: HBC) Cut to Underperform at BofA/ML.
Juniper Networks Inc. (NYSE: JNPR) Cut to Hold at Argus.
Lennar Corporation (NYSE: LEN) Cut to Market Perform at KBW.
Lincoln Electric Holdings, Inc. (NASDAQ: LECO) named as Value stock of the day at Zacks.
MarkWest Energy Partners (NYSE: MWE) named as Bull of the Day at Zacks.
Microsoft Corporation (NASDAQ: MSFT) Maintained Outperform but cut target to $34 from $35 at Credit Suisse; Maintained Hold and lowered estimates at Argus.
Oasis Petroleum (NYSE: OAS) Cut to Hold with $32 target at Canaccord Genuity.
SUPERVALU Inc. (NYSE: SVU) Maintained Neutral but cut target to $7 from $10 at Credit Suisse.
In Play and On the Wires
Muddy Waters Looking to Get Long Chinese Burritos
Retail Sales Hit a 7 Month Low Point
Iran Says Death of Nuclear Scientist is a Concerted Foreign Terror Campaign
Inflation Slows More Than Expected in Germany
The Euro Pauses Free Fall Mode as Yields Fall and Rates are Kept Unchanged
Spain Sells Twice the Paper Anticipated as Yields Fall
Initial Claims: Prior 372k, Market Expects 375k, Actual 399k….Futures Fall by 50%
China Tells Geithner Where to Go; Japan May Ban Iranian Oil
The ECB Keeps Rates Steady
Yields Drop Like a Stone Across Europe
Asia Trades Down While Europe and U.S. Futures Move Higher
VERY COOL: Samsung Smart Window at CES
[youtube:http://www.youtube.com/watch?v=-iLaxOgcUco 603 500] [youtube:http://www.youtube.com/watch?v=-8Uaf7JN6DM 603 500]
Comments »PolitiFucked: Politifact’s Front Page Fact Checks 18 Repubs, 1 Dem
Homeland Security Not Yet Monitoring iBankCoin
WATCH: Microvision’s PicoVision Touch Interactive Projector CES 2012
http://www.youtube.com/watch?v=RozwrQF0dPA
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