Monthly Archives: May 2012
52 Week Highs and Lows
NYSE
New Highs 11 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ AT&T T 33.74 3,749,627 Dillard's DDS 71.56 972,050 FirstEnergy FE 47.77 136,392 MFS Hi Inc Muni CXE 5.70 13,499 MarriottVacations VAC 31.84 12,545 Nuveen NJ Premium Income NNJ 16.20 2,206 PIMCO MuniFd PMF 15.53 5,617 RLJ Lodging Trust RLJ 19.75 17,507 Salient MLP & Engy Infr SMF 27.50 9,704 Verizon Communications VZ 41.17 1,812,520 Wstrn Asset Mngd Muni MMU 14.58 4,455 New Lows 23 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Best Buy BBY 19.23 798,670 BraskemSA BAK 12.76 32,368 Buckeye Partners BPL 51.51 40,703 Edgen Group Cl A EDG 7.80 3,200 GFI Group GFIG 2.87 12,296 Gafisa GFA 3.58 160,059 Genco Shipping Trading GNK 3.91 11,173 Green Dot Cl A GDOT 22.80 6,880 Indosat ADS IIT 24.97 1,000 Memc Elec Materials WFR 2.38 668,061 McEwen Mining MUX 2.90 252,933 Moneygram Intl Inc MGI 14.53 1,804 NTT DOCOMO Inc DCM 16.25 6,123 Nippon Telegraph NTT 21.88 19,486 Nuveen Glbl Val Opp Fd JGV 14.80 14,791 PNC Finl Svs Dep. Pfd. P PNCpP 25.06 75,979 Pampa Energia ADS PAM 6.02 3,300 Patriot Coal PCX 5.01 444,247 Resolute Energy Cp REN 9.35 16,230 Resolute Energy wt REN/WS 0.66 3,600 Sony Corp ADS SNE 13.97 755,016 Vale Cap II 6.75% CJS 55.22 600 Vale Cap II VALE.P CJT 62.07 100
NASDAQ
New Highs 15 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Advocat Inc AVCA 7.39 16,956 Arena Pharmaceuticals ARNA 7.01 13,743,212 Asset Acceptance AACC 6.00 16,840 Heartware Intl Inc HTWR 82.00 46,695 Homeownrs Choice HCII 16.14 20,123 IF Bancorp IROQ 13.07 193 Incyte INCY 24.30 289,407 Mayflower Bancorp MFLR 10.00 575 MediciNova MNOV 3.65 26,820 OmniAmerican Bancorp Inc OABC 20.65 501 PhotoMedex PHMD 19.15 38,012 Preferred Bank PFBC 13.35 3,366 ProShr Ul Sh QQQ SQQQ 49.80 180,737 Susser Hldgs SUSS 30.60 15,276 21st Century Hldg TCHC 5.25 23,957 New Lows 39 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ American Public Education APEI 27.06 143,381 Amtech Sys ASYS 5.70 45,818 Apollo Grp (Cl A) APOL 31.06 571,801 Arkansas Best ABFS 13.44 13,141 Audience Inc. ADNC 18.50 32,151 Biostar Pharmaceuticals BSPM 1.27 4,033 Brightpoint CELL 5.64 78,100 CafePress PRSS 15.48 2,000 China TechFaith Wireless CNTF 1.22 10,418 ClearOne Communications CLRO 3.89 7,254 Commun Sys JCS 12.00 3,257 Ctripcom Intl CTRP 18.92 139,653 Ecology&Environment EEI 14.01 300 Education Management EDMC 10.39 7,479 First Solar FSLR 15.75 616,315 GT Advanced Technologies GTAT 5.52 241,703 Groupon Inc GRPN 9.63 129,939 INTL FCStone INTL 19.08 31,658 Infosys ADS INFY 43.38 192,366 iSh MSCI Emg Mkts Asia EEMA 51.50 400 ManTech Intl (Cl A) MANT 23.83 6,731 Metabolix MBLX 2.09 17,715 Motricity MOTR 0.70 160,220 NCI NCIT 4.50 450 Oclaro Inc OCLR 2.33 70,023 Peerless Manufacturing Co PMFG 10.75 4,000 Peoples Financial PFBX 8.50 800 Quantum Fuel Sys Techs QTWW 0.52 540,405 Research in Motion RIMM 11.61 1,046,675 Riverbed Tech RVBD 16.58 458,654 Scientific Learning SCIL 1.27 860 Silicon Graphics Intl SGI 6.07 230,148 Silver Standard Resources SSRI 11.95 84,101 Skywest SKYW 8.30 15,498 Sycamore Networks SCMR 14.90 2,733 Vera Bradley VRA 23.00 25,003 Verastem VSTM 8.89 560 Wave Systems (Cl A) WAVX 1.07 210,276 Willdan Group WLDN 2.71 3,800Comments »
Heat Map and A/D Lines
Most Active Options trades
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE SPY 3/16/13 160.0000 27520 0.7700 dn 0.0500 SPY 5/11/12 137.0000 3460 0.0300 dn 0.2200 SPY 5/11/12 136.0000 2854 0.2400 dn 0.4300 AAPL 5/11/12 570.0000 2827 0.8000 dn 2.2000 CHK 7/21/12 18.0000 2508 1.4200 dn 0.1800 CHK 7/21/12 23.0000 2500 0.3100 dn 0.0500 ARNA 7/21/12 7.0000 2348 1.3800 dn 0.0600 SPY 5/19/12 135.0000 2232 1.7900 dn 0.4600 ARNA 7/21/12 8.0000 2020 1.0500 up 0.1500 JPM 5/11/12 38.0000 1857 0.1100 dn 2.5900 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 5/19/12 7.0000 13461 0.0400 up 0.0100 SPY 5/19/12 132.0000 12727 0.3800 up 0.0300 SPY 6/16/12 136.0000 10272 3.3700 up 0.2500 SPY 6/16/12 129.0000 10157 1.2500 up 0.1100 SPY 5/19/12 137.0000 8685 2.0300 up 0.2300 C 5/11/12 30.0000 5580 0.5500 up 0.4600 SPY 5/19/12 136.0000 4688 1.5500 up 0.2500 SPY 5/11/12 135.0000 4061 0.1600 up 0.0000 SPY 5/11/12 136.0000 3525 0.5600 up 0.1500 SPY 5/19/12 128.0000 3433 0.0900 dn 0.0200 -VOLUME- CALLS PUTS TOTAL 303465 371376 674841
-CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE JPM 5/11/12 38.0000 304 0.1000 dn 2.6000 AAPL 5/11/12 570.0000 172 1.0600 dn 1.8100 MSFT 5/11/12 31.0000 162 0.1100 up 0.0600 YHOO 7/21/12 16.0000 156 0.5800 dn 0.0500 AAPL 5/11/12 565.0000 136 3.8700 dn 2.4300 HL 1/19/13 10.0000 133 0.1000 up 0.0000 BAC 6/16/12 8.0000 131 0.2000 dn 0.1000 INTC 5/19/12 29.0000 112 0.0400 up 0.0000 AAPL 6/16/12 575.0000 101 17.4900 dn 1.2100 JWN 5/19/12 50.0000 97 1.7400 dn 2.6100 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE JPM 5/19/12 37.0000 316 0.7500 up 0.6900 C 6/16/12 32.0000 207 3.0500 up 0.8000 C 5/11/12 30.0000 183 0.5900 up 0.5100 AAPL 5/11/12 560.0000 154 0.3300 dn 0.0500 JPM 5/19/12 36.0000 146 0.4200 up 0.3700 JPM 6/16/12 35.0000 142 0.8200 up 0.5500 C 5/19/12 28.0000 104 0.1900 up 0.0800 ARNA 5/19/12 1.5000 100 0.0100 up 0.0000 JPM 5/11/12 38.0000 96 1.1600 up 1.1500 AIG 6/16/12 28.0000 93 0.3100 up 0.0800 -VOLUME- CALLS PUTS TOTAL 17972 19303 37275Comments »
Arena Pharmaceuticals Pops 75% on FDA Approval
No Surprise: Facebook Oversubscribed
“Facebook’s record initial public offering is already oversubscribed, a source familiar with the share listing said, days after the world’s largest social network embarked on a cross-country roadshow to drum up investor enthusiasm.”
Comments »Sub Prime Bonds Make a Comeback Within the Trading Community
“LAS VEGAS — No doubt about it. Subprime is back. Mortgage backed securities are hot again.”
Comments »AT&T and Leap Wireless Said to Have Discussed a Merger; $T, $LEAP
Michigan Sentiment: Prior 76.4, Markets Expects 76, Actual 77.8
UPDATE: Mysterious $JPM Put Trade Just Returned 10x Overnight
As we discussed yesterday, some lucky guy(s) loaded up on JPM May $41 puts, EXPIRING TODAY, for as much as .40. Those same puts, after the bad news, are now worth more than $4.00. Not bad for a single days work.
$JPM Downgraded at Stifel
JPMorgan Chase downgraded to Hold at Stifel Nicolaus (40.74)
Stifel Nicolaus downgrades JPM to Hold from Buy saying the company now becomes somewhat unanalyzable. Firm asks how does one go about assessing the risk contained within the company’s significant derivatives book when they have no meaningful access to anything to analyze and the one thing that made them comfortable with the exposure was the sound risk management behind it (providing benefit of the doubt), which now comes into question?
How Will the Next Generations Lead ?
A sad set of statistics out of CA recently. Employers complain there are not enough skilled workers to fill positions. How will we lead with an educational system in shambles ?
Comments »U.S. Concerned Netanyahu, Mofaz May Attack Iran Shortly
“The United States is worried that Shaul Mofaz and his Kadima party’sjoining a unity government with Prime Minister Binyamin Netanyahu could result in an attack on Iran’s nuclear facilities at any given moment, according to a report on Channel 10 News on Thursday.”
Comments »Nvidia Handsomely Beats Both Top and Bottom Line: $NVDA
“Chip maker Nvidia Corp. (NASDAQ: NVDA) handily beat consensus estimates for first quarter revenues and EPS the company reported this morning. Revenue totaled $924.9 million compared with an estimate of $916.2 million and adjusted EPS came in at $0.16 versus an estimate of $0.10.”
Comments »Wharton’s Siegel: Europe Will Have to Devalue Euro to Save It
“Crisis-ridden Europe will have to weaken the euro against the dollar in order to save the economy, says Wharton finance professor Jeremy Siegel.
The European Central Bank has flooded the economy with liquidity to keep financial systems afloat and stave off the debt crisis.
Measures have included making low-cost loans available to banks so they’ll lend to even stepping in directly and injecting banks with liquidity, a tool known as quantitative easing
Devaluing the euro would help even more, as it would make servicing debts easier and exports more competitive outside of the continent and fuel more growth in hard-hit countries like Greece, Siegel says.”
Comments »Upgrades and Downgrades This Morning
ADTN, AAPL, ARNA, T, BEAM, BBBY, BBY, BWLD, CVX, HEK, JPM, MYGN, PRA, RSH, RXN, RIMM, SLF, TXRH, VZ
Comments »IEA: Global Oil Demand and Supply to Rise
The IEA expects consumption to rise to 9o million barrels per day with supplies at 91 million barrels per day.
Comments »Why It Matters That JPMorgan Lost $2 Billion Trading In Six Weeks
“JPMorgan and Chase Company has carefully crafted its reputation as one of America’s best-run big banks during a period of intense scrutiny over the nation’s too-big-to-fail banks. The abrupt disclosure on Thursday afternoon that JPMorgan had experienced $2 billion of trading losses in six weeks related to synthetic credit securities is a huge blow to the company and the U.S. banking sector.”
Comments »U.S. Equity Preview
$JPM: Does One Bad Trade Make a Dangerous Pattern?
“The front page of almost every news and financial paper or website carried that story of JP Morgan’s (NYSE: JPM) $2 billion trading loss. As MarketWatch described it, “The losses stemmed from trades at the bank’s chief investment office, where a single trader — dubbed the ‘London Whale’ — was reported to have taken large positions for the bank in credit-default swaps.”
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